Treasury Department Proposed Rule

2024-21639: Guidance on Clean Electricity Low-Income Communities Bonus Credit Amount Program; Correction

Comment Period Closed

Public comment closed .

Get alerted when the next rule lands

New rules open for comment on their own schedule. Pick how you want to hear about them — we email you when one appears.

Alert me on new Treasury Department rules or alert me on a subject

Publishing to members? Embed a live rule tracker on your own site — the proposed rules in your area and the comment deadlines closing on them, updating themselves. Free, one line of HTML.

Create a free account & build one →

Summary

This document contains corrections to REG-108920-24, which was published in the Federal Register on Tuesday, September 3, 2024. REG- 108920-24 contained proposed regulations concerning the program to allocate clean electricity low-income communities bonus credit amounts established pursuant to the Inflation Reduction Act of 2022 for calendar years 2025 and succeeding years.

The agency’s own summary, as published.

The rule, in full

424 words as published, September 23, 2024. View the original →

Federal Register, Volume 89 Issue 184 (Monday, September 23, 2024) [Federal Register Volume 89, Number 184 (Monday, September 23, 2024)] [Proposed Rules] [Page 77467] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2024-21639] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG-108920-24] RIN 1545-BR26 Guidance on Clean Electricity Low-Income Communities Bonus Credit Amount Program; Correction

Agency

Internal Revenue Service (IRS), Treasury.

Action

Notice of proposed rulemaking; correction. -----------------------------------------------------------------------

Summary

This document contains corrections to REG-108920-24, which was published in the Federal Register on Tuesday, September 3, 2024. REG- 108920-24 contained proposed regulations concerning the program to allocate clean electricity low-income communities bonus credit amounts established pursuant to the Inflation Reduction Act of 2022 for calendar years 2025 and succeeding years.

Dates

Written or electronic comments and requests for a public hearing must be received by October 3, 2024.

Addresses

Commenters were strongly encouraged to submit public comments electronically.

For Further Information Contact

Concerning the proposed rules, Office of Associate Chief Counsel (Passthroughs & Special Industries) at (202) 317-6853 (not a toll-free number); concerning submissions of comments or the public hearing, the Publications and Regulations Section at (202) 317-6901 (not a toll-free number) or by email at [email protected] (preferred).

Supplementary Information

Background The notice of proposed rulemaking (REG-108920-24) that is the subject of this correction is under section 48E of the Internal Revenue Code. Correction Accordingly, FR Doc. 2024-19617 (REG-108920-24), appearing on page 71193 in the Federal Register on Tuesday, September 3, 2024, is corrected as follows:

1. On page 71195, in the third column, in the first full paragraph,

by correcting the fourth line from the top of the paragraph to read, ``most recently released by American Community Survey (ACS) low- income''.

2. On page 71196, in the second column, in the sixth bullet point

from the top of the page, by correcting the first line of the bullet point to read, ``Department of Agriculture (USDA) Section 515 Rural Rental''.

3. On page 71204, in the third column, in the fourth full

paragraph, by correcting the fifth sentence from the top of the paragraph to read, ``records are required for the IRS to validate''.

4. On page 71206, in the second column, in the third full

paragraph, by correcting the twelve line from the top of the paragraph to read ``The proposed regulations do not have substantial''. Kalle L. Wardlow, Federal Register Liaison, Publications & Regulations Section, Associate Chief Counsel, (Procedure and Administration). [FR Doc. 2024-21639 Filed 9-20-24; 8:45 am] BILLING CODE 4830-01-P

What this changes

Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.

Don't miss the comment window

One Click Politics alerts you on every deadline, hearing, and rule change.

See all rules with comments due soon →