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Inflation Reduction Act clause makes it easier for churches to go green

Inflation Reduction Act clause makes it easier for churches to go green
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Inflation Reduction Act clause makes it easier for churches to go green

A provision in the Inflation Reduction Act, signed into law this summer by President Joe Biden, not only increases the size of the tax credit for conversions to renewable energy but also makes nonprofit entities, like parishes, eligible to receive the tax benefits themselves. The new program starts Jan. 1. Rules have yet to be published denoting how it will work.

Inflation Reduction Act clause makes it easier for churches to go green

Inflation Reduction Act clause makes it easier for churches to go green
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