On Monday, February 13, 2023, the Department of the Treasury (Treasury) and the IRS published Notice 2023-17 (the Notice), establishing the program for allocating environmental justice.
Department of the Treasury and IRS published Notice 2023-17 establishing the program for allocating environmental justice capacity limitations under Section 48e1 and providing limited initial guidance for applicants. Section 48e provides up to 20 percent investment tax credit.