Inflation Reduction Act 2024. Department of the treasury issues proposed rules to expand clean energy investments in underserved communities. The inflation reduction act (ira) was one of the most significant actions of the biden administration, enacting three democratic priorities at once:

For fiscal year 2024, which began october 1, 2023, the inflation reduction act provided $1.65 billion for the environmental quality incentives program (eqip), $754 million. The inflation reduction act’s consumer tax credits for certain home energy technologies are already.