Federal Advocacy
Five Steps Toward Successfully Filing for the IRA Elective Pay Provision for Local Clean Energy Projects
DownloadFor the first time, local governments are eligible to take advantage of new and expanded tax credits for their local clean energy projects and investments. In an ongoing effort to develop and provide resources for finance officers to learn about the elective pay process, GFOA recently partnered with the National League of Cities (NLC) to develop a brief that summarizes five key steps in the filing process and provides information that may help local leaders approach and eventually successfully execute your jurisdiction’s Inflation Reduction Act elective payment.
- Publication date: August 2024