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TREAS/IRS RIN: 1545-BM28 Publication ID: Fall 2016 
Title: Utility Allowances Submetering 

These proposed regulations clarify that the cost paid to a building owner for a utility provided by the building owner is considered to be paid directly by the tenant, and not by or through the owner of the building, if the utility is generated from renewable sources and if the payments are made under an arrangement that would otherwise satisfy the requirements to be an actual-consumption submetering arrangement.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 1.42-10   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 42(n)   
Legal Deadline:  None
Action Date FR Cite
NPRM by Cross-Reference to Temporary Regulation  03/03/2016  81 FR 11160   
NPRM by Cross-Reference to Temporary Regulation Comment Period End  05/02/2016 
Removal of Temporary Action  12/00/2016 
Additional Information: REG-123867-14 Drafting attorney: James W. Rider (202) 317-4137 Reviewing attorney: David A. Selig (202) 317-4137 Treasury attorney: Michael Novey (202) 622-1339 CC: PSI
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 1545-BM29, Related to 1545-BI91 
Agency Contact:
James W. Rider
Attorney-Advisor (Tax)
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 5107,
Washington, DC 20224
Phone:202 317-4137
Fax:855 591-7867