Making Imperiled Communities Resistant to Outages with Generation that is Resilient, Islandable, and Distributed Act or the MICROGRID Act This bill allows a new tax credit for investment in qualified microgrid property. The bill defines qualified microgrid as an electrical system that incorporates a microgrid controller, includes equipment that is capable of generating not less that 4 kilowatts and not greater than 50 megawatts of electricity, is capable of operating in connection with the electrical grid and as a single controllable entity with respect to such grid, and is capable of operating independently (and disconnected) from such grid.