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TREAS/IRS RIN: 1545-BQ08 Publication ID: Fall 2022 
Title: Recapture of Excess Credits Under the ARP Act 

These regulations provide the IRS with the regulatory authority to reconcile and recapture the tax credits provided under the American Rescue Plan Act (ARP Act), Public Law 117-2, 135 Stat. 4 (March 11, 2021) that had been paid or refunded in excess of the actual amount allowed as erroneous refunds subject to assessment procedures.

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: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 3131, 3132, 3133 and 3134   
Legal Deadline:  None
Action Date FR Cite
NPRM  09/10/2021  86 FR 50687   
NPRM Comment Period End  11/09/2021 
Final Action  12/00/2022 
Additional Information: REG-109077-21 (Final) Drafter attorney: NaLee Park (202) 317-3602 Reviewer attorney: Andrew Holubeck (202) 317-4787 Treasury attorney: Helen Morrison (202) 622-5293 CC:EEE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Local, State, Tribal 
Small Entities Affected: Businesses, Governmental Jurisdictions, Organizations  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 1545-BQ09 
Agency Contact:
NaLee Park
Tax Law Specialist
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW, Room 4312,
Washington, DC 20224
Phone:202 317-6798