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Comptroller Webinar on Tax Incentives for Houses of Worship
May 21 @ 1:00 pm - 2:00 pm
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Join the Office of the Comptroller of Maryland and the US Treasury to learn more about IRA Direct Pay tax credits for your tax exempt entity!
The Inflation Reduction Act is the largest investment in clean energy in U.S. history. Most of the investment comes through tax incentives. Under a novel provision known as “direct pay” or “elective pay”, tax exempt entities, like local governments, nonprofits and faith organizations – can benefit from these tax incentives. Tax credits can provide significant financial assistance as tax exempt entities work to transition their fleets and provide for solar, geothermal or other types of clean energy. These tax credits are generally uncapped and not subject to a competitive process.
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