1545-BH34 202004 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Regulations Under Section 45D That Revise and Clarify Certain Rules Relating to the New Markets Tax Credit

On August 11, 2008, proposed regulations, 73 FR 46572, relating to new market tax credit recapture under section 45D, were issued.  Because more than a decade has passed since the issuance of the proposed regulations, and because industry practices have evolved during that time, new amendments are proposed to the regulations under section 45D to clarify certain rules relating to the New Markets Tax Credit.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage No No Other 26 CFR 1 26 U.S.C. 7805 26 U.S.C. 45D(i) No NPRM 08/11/2008 73 FR 46572 Outlines of Topics Due 11/03/2008 NPRM Comment Period End 11/10/2008 Public Hearing 12/12/2008 Second NPRM 07/00/2020 REG-149404-07 Drafter attorney: Dillon Taylor (202) 317-4137 Reviewer attorney: Jian H. Grant (202) 317-4137 Treasury attorney: Hannah B. Hawkins (202) 622-3351 CC:PSI No None No No No Dillon Taylor J. Senior Technician Reviewer 1545 Internal Revenue Service IRS 202 317-3734 dillon.j.taylor@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224