The Congress, in the recently passed Inflation Reduction Act (IRA) included a number of significant expansions to Section 179D of the Internal Revenue Code, an important tax incentive for energy efficient building design. As part of the overall provisions seeking to address climate concerns and encourage energy conservation and independence, Congress has increased the deduction per square foot from $1.80 per square foot to up to $5.00 per square foot, and has expanded the number of entities covered by this code. Reach out to your EJC Partner to learn if your building is eligible.