24-C-090
1. Discussion with possible action to direct management and staff to develop a strategic plan for how the City plans to capitalize on the credits and deductions under the Inflation Reduction Act (IRA) of 2022, which expire in 2032, with sharp focus on elective pay, which allows applicable entities, including tax-exempt and governmental entities that would otherwise be unable to claim certain credits because they do not owe federal income tax, to benefit from clean energy tax credits, and any other matters incident thereto.
- Committee
- City Council
- Requested by
- Dr. David Tyler King
- Introduced
- April 30, 2024
- On agenda
- May 20, 2024
- Passed
- May 20, 2024