SECTION 16. EFFECTIVE DATE
Internal Revenue Bulletin 2001-7 · 2026-10-03 edition · updated 2026-10-04 · United States
This revenue procedure is generally effective May 1, 2001. In addition, Plan Sponsors and Eligible Organizations are permitted, at their option, to apply the provisions of this revenue procedure on or after January 19, 2001 (the release date of this revenue procedure). Unless a Plan Sponsor or Eligible Organization applies this revenue procedure earlier, this revenue procedure is effective:
(1) with respect to SCP, for failures for which correction is not complete before May 1, 2001.
(2) with respect to VCP, for applications submitted on or after May 1, 2001; and
(3) with respect to Audit CAP, for examinations begun on or after May 1, 2001.
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