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Notice 2024-30

SECTION 2. BACKGROUND

Internal Revenue Bulletin 2024-16 · 2026-10-03 edition · updated 2026-10-04 · United States

.01 In General . Public Law 117-169, 136 Stat. 1818 (August 16, 2022), commonly known as the Inflation Reduction Act of 2022 (IRA), amended §§ 45 and 48 of the Internal Revenue Code (Code) 1 to provide increased credit amounts or rates if certain requirements pertaining to energy communities are satisfied, and added new §§ 45Y and 48E, which provide increased credit amounts or rates for certain qualified facilities, energy projects, or energy storage technologies that satisfy similar requirements and that are placed in service after December 31, 2024. 2

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▸Contents — Internal Revenue Bulletin 2024-16
Internal Revenue Bulletin 2024-16

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