Inflation Reduction Act 2024 How To Apply. Upon approval, the program administrators will deliver the financial assistance by check through the u.s. More than $482 million recovered from 1,600 millionaires who have not paid tax debts.

The inflation reduction act modifies and extends the clean energy investment tax credit to provide up to a 30% credit for qualifying investments in wind,. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american.