The Inflation Reduction Act (IRA) (Pub. L. 117-169) was signed into law on August 16, 2022. The IRA includes significant tax provisions, as well as nearly US$370 billion in federal funding for clean energy and environmental projects in the form of competitive grants, cooperative agreements, and loan programs. Notably, the IRA provides for a new … Continue Reading
Despite the Bipartisan Infrastructure Bill’s historic $1.2 trillion investment in U.S. infrastructure, the American Society of Civil Engineers estimates an additional $2 trillion is needed to repair our deteriorating infrastructure. The federal government cannot address U.S. infrastructure funding needs alone. The Federal Infrastructure Bank (“the Bank”) would work directly with states and localities to identify … Continue Reading
