Table of Contents

• Notice 2010-35
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
    • 2.1. Introduction
    • 2.2. Direct Pay Tax Credit Bond Requirements
    • 2.3. Amount of Refundable Credit Payment
    • 2.4. Applicable Credit Rate
    • 2.5. Maximum Maturity
    • 2.6. Sinking Fund Yield
    • 2.7. Certain Other Applicable Rules for Refundable Credit Payments
    • 2.8. General Application of Provisions of § 54A
  • SECTION 3. REFUNDABLE CREDIT PAYMENT PROCEDURES FOR DIRECT PAY TAX CREDIT BONDS
    • 3.1. In General
    • 3.2. Fixed Rate Bonds
    • 3.3. Variable Rate Bonds.
  • SECTION 4. ELECTIONS TO ISSUE DIRECT PAY TAX CREDIT BONDS
  • SECTION 5. INFORMATION REPORTING FOR DIRECT PAY TAX CREDIT BONDS
  • SECTION 6. OTHER INTERIM GUIDANCE AND RELIANCE
    • 6.1. In General
    • 6.2. Limitation on Bond Premium
    • 6.3. OID Not Treated as Interest for Purposes of Refundable Credit Payments
    • 6.4. Original Expenditures, Short-Term Interim Refinancing, and Reimbursements
    • 6.5. Preissuance Accrued Interest
  • SECTION 7. EFFECTIVE DATE
  • SECTION 8. DRAFTING INFORMATION
• Rev. Proc. 2010-16
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. SCOPE
  • SECTION 4. PROCEDURES FOR CHANGE OF ADDRESS
  • SECTION 5. DEFINITIONS
  • SECTION 6. AREAS NOT COVERED BY THIS REVENUE PROCEDURE
  • SECTION 7. EFFECT ON OTHER DOCUMENTS (when applicable)
  • SECTION 8. EFFECTIVE DATE
  • SECTION 9. DRAFTING INFORMATION