Inflation Relief Act 2024

Inflation Relief Act 2024. The bill is a major accomplishment for democrats who have been struggling for months to. This bill allows a refundable income tax credit for 10% of federal tax liability for a taxable year beginning in 2024.

There will be no extensions. The inflation reduction act has already spurred a clean energy boom, contributing to more than $360 billion in private sector clean energy announcements since.