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Commenting on proposed Internal Revenue Service regulations to implement Inflation Reduction Act clean energy and energy efficiency incentives, AHA said it generally supports the regulations permitting certain taxpayers to elect a direct cash payment in lieu of credits but recommends changes to make them more useful to members and beneficial to the environment. 
 
“The AHA and other tax-exempt and governmental entities that are generally unable to benefit from tax deductions and credits are supportive of the provisions and policies behind the direct pay provisions of Section 6417 and the proposed regulations promulgated thereunder,” AHA wrote. “At the same time, AHA believes that with certain modifications the elective direct pay provisions of Section 6417 can have an even greater impact and foster rapid adoption among the AHA members of many of the clean energy initiatives set forth in the IRA. We urge you to consider these proposed modifications as you finalize this rule.”