1545-BQ86 202310 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Transfer Provisions of Sections 30D and 25E

Section 30D calls for the establishment of regulations for several purposes.  One of those provisions is in Section 30D(g)(1) which provides that subject to regulations or other guidance as the Secretary determines necessary, if the taxpayer who acquires a new clean vehicle elects the application of section 30D(g) with respect to such vehicle, the credit which would otherwise be allowed to such taxpayer with respect to such vehicle shall be allowed to the eligible entity in such election, and not to such taxpayer.  Section 25E(f) provides that Rules similar to the rules of section 30D(g) shall apply.

On October 5, 2022, Notice 2022-46 was published in I.R.B. 2022-43, requesting comments regarding sections 30D and 25E.

On December 8, 2022, Revenue Procedure 2022-42 was published in I.R.B. 2022-52, providing procedures, inter alia, for seller’s reports relating to the sale of clean vehicles.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage No No Not Yet Determined 26 U.S.C. 25E 26 U.S.C. 30D 26 U.S.C. 7805 No NPRM 12/00/2023 REG-113064-23 Drafting attorney: Rika Valdman (202) 317-6853 Reviewing attorney: Maggie Stehn and Patrick Kirwan (202) 317-6853 Treasury attorney: Kimberly Wojcik (202) 819-5365 CC:PSI:B6 Undetermined Businesses Undetermined No Undetermined No No 1545-BQ52 Related to 1900 Department of Energy DOE Common Rika Valdman Senior Technician Reviewer 1545 Internal Revenue Service IRS 202 317-5227 202 317-7868 rika.valdman@irscounsel.treas.gov 1111 Constitution Avenue NW, Room 5112, Washington DC 20224