U.S. Treasury Department Seeks Input On Six Notices Related to Inflation Reduction Act

On October 5, 2022, the U.S. Department of the Treasury highlighted six separate notices requesting initial general public comments in response to specific sets of questions pertaining to climate and clean energy tax incentives in the Inflation Reduction Act of 2022. These comments are due by November 4.

The six notices are as follows:

1. Energy Generation Incentives
2. Credit Enhancements
3. Incentives for Homes/Buildings
4. Consumer Vehicle Credits
5. Manufacturing Credits
6. Credit Monetization

The Department of Treasury will also release a fact sheet that includes additional information about the Notices and Treasury and the IRS’s implementation process.

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