Mixed reviews for new IRA provisions

The IRS issued new provisions related to the tax credit transferability and direct pay provisions of the IRA. They also created a mandatory online pre-filing registration process for nonprofits seeking direct payment tax credits under the IRA or the CHIPS and Science Act plus for businesses looking to sell newly-transferable tax credits. Response in the industry is mixed with some heralding it as helpful to expand access and others saying that specific concerns of public power entities are still overlooked.