View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
TREAS/IRS | RIN: 1545-BO77 | Publication ID: Spring 2019 |
Title: Arbitrage Investment Restrictions of Tax-Exempt Bonds | |
Abstract:
The final regulations amend existing regulations under section 148 of the Internal Revenue Code regarding the definition of investment-type property covered by arbitrage restrictions to provide an exception for investments in capital projects that are used in furtherance of the public purposes of the bonds. The final regulations affect State and local governmental issuers of tax-exempt bonds and tax-advantaged bonds and potential investors in capital projects financed with these bonds. |
|
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 |
EO 13771 Designation: Other | |
CFR Citation: 26 CFR 1.148-1 | |
Legal Authority: 26 U.S.C. 7805 26 U.S.C. 148(i) |
Legal Deadline:
None |
||||||||||||
Timetable:
|
Additional Information: REG-106977-18 (NPRM) Drafter attorney: Lewis Bell (202) 317-6980 Reviewer attorney: Spence Hanemann (202) 317-4554 Treasury attorney: John Cross (202) 622-1782 CC:FIP | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: Local, State, Tribal |
Small Entities Affected: Governmental Jurisdictions | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Lewis Bell Tax Attorney Department of the Treasury Internal Revenue Service 1111 Constitution Avenue NW., Room 3547, Washington, DC 20224 Phone:202 317-6980 Fax:855 574-9027 Email: lewis.bell@irscounsel.treas.gov |