SECTION 17. EFFECTIVE DATE

This revenue procedure is generally effective May 1, 2000. In addition, employers are permitted, at their option, to apply the provisions of this revenue procedure on or after March 9, 1998 (the release date of Rev. Proc. 98–22). Unless an employer applies this revenue procedure earlier, this revenue procedure is effective:

(1) with respect to VCR, Walk-in CAP and TVC, for applications submitted on or after May 1, 2000;

(2) with respect to Audit CAP, for examinations begun on or after May 1, 2000; and (3) with respect to APRSC, for failures for which correction is not complete before May 1, 2000.