Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

Section 54AA.—Build America Bonds

A notice that addresses the new Federal refundable tax credit subsidy option under section 6431(f) of the Internal Revenue Code for specified tax credit bonds under section 54A. This notice provides guidance on the refundable tax credit payment procedures for this option, required elections, and information reporting. This notice also provides certain interim guidance applicable to specified tax credit bonds and to build America bonds under section 54AA(g). See Notice 2010-35, page 660.

Section 54C.—New Clean Renewable Energy Bonds

A notice that addresses the new Federal refundable tax credit subsidy option under section 6431(f) of the Internal Revenue Code for specified tax credit bonds under section 54A. This notice provides guidance on the refundable tax credit payment procedures for this option, required elections, and information reporting. This notice also provides certain interim

guidance applicable to specified tax credit bonds and to build America bonds under section 54AA(g). See Notice 2010-35, page 660.

Section 54D.—Qualified Energy Conservation Bonds

A notice that addresses the new Federal refundable tax credit subsidy option under section 6431(f) of the Internal Revenue Code for specified tax credit bonds under section 54A. This notice provides guidance on the refundable tax credit payment procedures for this option, required elections, and information reporting. This notice also provides certain interim guidance applicable to specified tax credit bonds and to build America bonds under section 54AA(g). See Notice 2010-35, page 660.

Section 54E.—Qualified Zone Academy Bonds

A notice that addresses the new Federal refundable tax credit subsidy option under section 6431(f)

of the Internal Revenue Code for specified tax credit bonds under section 54A. This notice provides guidance on the refundable tax credit payment procedures for this option, required elections, and information reporting. This notice also provides certain interim guidance applicable to specified tax credit bonds and to build America bonds under section 54AA(g). See Notice 2010-35, page 660.

Section 54F.—Qualified School Construction Bonds

A notice that addresses the new Federal refundable tax credit subsidy option under section 6431(f) of the Internal Revenue Code for specified tax credit bonds under section 54A. This notice provides guidance on the refundable tax credit payment procedures for this option, required elections, and information reporting. This notice also provides certain interim guidance applicable to specified tax credit bonds and to build America bonds under section 54AA(g). See Notice 2010-35, page 660.

2010–19 I.R.B. 659 May 10, 2010