Inflation Reduction Act 2024 Text. Inflation reduction act of 2022 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, solar, energy storage,.
Already, the inflation reduction act is transforming american lives by finally beating big pharma to negotiate lower prescription drug prices, making the largest investment. The inflation reduction act (ira) gave supplemental funding for the internal revenue service (irs) through september 30, 2031.