SECTION 6. EFFECTIVE DATE
Internal Revenue Bulletin 2024-16 · 2026-10-03 edition · updated 2026-10-04 · United States
This notice applies to bonds sold on or after April 15, 2024. An issuer may apply
April 15, 2024 898 Bulletin No. 2024–16
allocation, the application review process, the manner of obtaining a Capacity Limitation allocation from the IRS, and the procedures and documentation requirements for reporting that a facility was placed in service. This revenue procedure supersedes Rev. Proc. 2023-27 solely with respect to the 2024 Program year and provides guidance necessary to implement the Program for the 2024 Program year. The procedures for the 2024 Program year provided in this revenue procedure generally follow those provided in Rev. Proc. 2023-27 with certain clarifying changes to the application and documentation requirements described in more detail in sections 3 through 13 of this revenue procedure.
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