Description
The U.S. Department of the Treasury will be hosting a virtual consultation on a Notice of Proposed Rulemaking (NPRM) titled “Guidance on Clean Electricity Low-Income Communities Bonus Credit Amount Program” (REG-108920-24), which would provide guidance under section 48E(h) of the Internal Revenue Code (Code), added by the Inflation Reduction Act of 2022 (IRA). The Clean Electricity Low- Income Communities Bonus Credit Amount Program (Program) provides an allocated “bonus” or increase in the amount of credit (not a separate bonus credit) for eligible projects “placed in service” by Tribal governments and Tribal enterprises. The consultation will be held virtually on Friday, September 27, 2024, from 1:00 – 3:00 p.m. ET.
Consultation Registration Link: https://ustreasury.zoomgov.com/meeting/register/vJIscu6hqD4qGwOmDaZ_VkdQ4cEBvAGL30k
In addition to Tribal consultation, Treasury will accept written or electronic comments
received by October 18, 2024 at 11:59 p.m. Alaska Time. Written comments should be
sent to tribal.consult@treasury.gov.