Notice 2018-15, New Clean Renewable Energy Bonds Notice 2018-15 PDF provides that the IRS shall not process applications for, or issue allocations of, the remaining unused authority to issue new clean renewable energy bonds. The Tax Cuts and Jobs Act repealed this provision effective for bonds issued after December 31, 2017. Tax Cuts and Jobs Act (2017) The Tax Cuts and Jobs Act repealed the authority to issue tax-credit bonds and direct-pay bonds. The repeal applies to new clean renewable energy bonds, qualified energy conservation bonds, qualified zone academy bonds, and qualified school construction bonds issued after December 31, 2017. The authority to issue recovery zone economic development bonds and build America bonds expired on January 1, 2011. The Tax Cuts and Jobs Act repealed the exclusion from gross income for interest on bonds issued to advance refund another bond. The repeal applies to advance refunding bonds issued after December 31, 2017. A bond is classified as an advance refunding if it is issued more than 90 days before the redemption of the refunded bonds. Tax Cuts and Jobs Act Resources about the Tax Cuts and Jobs Act American Recovery and Reinvestment Act of 2009 (ARRA) Guidance on ARRA bond provisions Guidance, forms and information on bond provisions Application of the Treasury Offset Program to payments to issuers of direct pay bonds Application of the Treasury Offset Program (TOPS) to subsidy payments made to issuers of direct pay bonds Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) Notice 2006-65 Excise taxes with respect to prohibited tax shelter transactions Gulf Opportunity Zone Act of 2005 (P.L. 109-135) Summary of Act provisions affecting tax-advantaged bonds (P.L. 109-135) The Safe, Accountable, Flexible, Efficient, Transportation Equity Act - A Legacy for Users (P.L. 109-59) (SAFETEA-LU) Summary of Act provisions affecting tax-advantaged bonds (P.L. 109-59) Additional resources Published Guidance FAQs Form 8038 Corner
