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Factory Yards project to seek rarely used tax incentives Crain
WebAug 16, 2024 · On Aug. 16, 2024, President Joseph R. Biden signed the landmark Inflation Reduction Act (IRA) into law. The law includes $391 billion to support clean energy and … Web2 days ago · A rendering of the proposed $150M Factory Yards project in Grand Rapids. (The Center Square) – Developers want taxpayers to pony up to 82% of the cost of a proposed … WebThe PTC is a per kilowatt-hour (kWh) tax credit for electricity generated for the first 10 years of a qualifying system's operation. It reduces the owner's federal income tax liability and is adjusted annually for inflation. Technologies eligible for the ITC or PTC may also be eligible for accelerated depreciation, which provides an additional ... in a little while we\u0027re going home