Inflation Reduction Act 2024 Update. You can submit an application through january 17, 2024. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that congress has made in the nation’s history.
A year and a half after president biden signed into law a sweeping bill to tackle climate change, sales of electric vehicles have largely boomed in line with expectations,. Mail shortly after decisions are made, targeted for summer 2024.