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The Inflation Reduction Act: Key Provisions Regarding the ITC and PTC | Blogs | Renewable Energy Outlook

Earlier today, the House of Representatives passed the Inflation Reduction Act of 2022 (the “Act”), which the Senate passed on August 7, 2022.  President Biden has indicated that he will sign the Act into law.  The Act substantially changes and expands existing federal income tax benefits for renewable energy, including the existing Section 45 production …

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