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10 1 SEC Gov Form

10 1 SEC Gov Form

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I was hoping that you could talk a little bit more about what direct pay is one of the most important Provisions in this law is direct pay so under the direct pay provisions of the IRA tax exempt and government entities that don't owe federal income taxes will for the very first time be able to claim federal income taxes equal to the full value of tax credits for building clean energy projects or making qualify Investments with direct pay entities get their payment if they meet their requirements both for direct pay and that underlying Federal clean energy tax credit could you tell me who actually is eligible for direct pay in this moment any nonprofit entity anything that's a 501c3 essentially qualifies for this for example for the church that I attended if the roof itself cost about $100,000 we would be able to take that tax credit benefit of 20 to 30% because we want to make sure that there's a solar put on top of it and so what would be maybe 20 or $30,000 t

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