Notice 2018-15, New Clean Renewable Energy Bonds Notice 2018-15 PDFprovides that the IRS shall not process applications for, or issue allocations of, the remaining unused authority to issue new clean renewable energy bonds. The Tax Cuts and Jobs Act repealed this provision effective for bonds issued after December 31, 2017. Tax Cuts and Jobs Act (2017) The Tax Cuts and Jobs Act repealed the authority to issue tax-credit bonds and direct-pay bonds. The repeal applies to new clean renewable energy bonds, qualified energy conservation bonds, qualified zone academy bonds, and qualified school construction bonds issued after December 31, 2017. The authority to issue recovery zone economic development bonds and build America bonds expired on January 1, 2011. The Tax Cuts and Jobs Act repealed the exclusion from gross income for interest on bonds issued to advance refund another bond. The repeal applies to advance refunding bonds issued after December 31, 2017. A bond is classified as an advance refunding if it is issued more than 90 days before the redemption of the refunded bonds. Tax Cuts and Jobs Act Resources about the Tax Cuts and Jobs Act Hiring Incentives to Restore Employment Act of 2010 (HIRE Act) Guidance on HIRE bond provisions American Recovery and Reinvestment Act of 2009 (ARRA) Guidance on ARRA bond provisions Guidance, forms and information on bond provisions Application of the Treasury Offset Program to payments to issuers of direct pay bonds Application of the Treasury Offset Program (TOPS) to subsidy payments made to issuers of direct pay bonds The American Recovery and Reinvestment Act of 2009: Information Center Updates from the IRS on the economic stimulus legislation Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) Notice 2006-65 Excise taxes with respect to prohibited tax shelter transactions Gulf Opportunity Zone Act of 2005 (P.L. 109-135) Summary of Act provisions affecting tax-advantaged bonds (P.L. 109-135) Katrina Emergency Tax Relief Act (PL 109-73) Summary of Act provisions affecting tax-advantaged bonds (P.L. 109-73) The Safe, Accountable, Flexible, Efficient, Transportation Equity Act - A Legacy for Users (P.L. 109-59) (SAFETEA-LU) Summary of Act provisions affecting tax-advantaged bonds (P.L. 109-59) Energy Tax Policy Act of 2005 (P.L. 109-58) Summary of Act provisions affecting tax-advantaged bonds (P.L. 109-58) Job Creation and Worker Assistance Act of 2002 (P.L. 107-147) New York Liberty Zone Bonds Additional resources Published Guidance FAQs Form 8038 Corner
