IRS Announces Tribal Economic Development Bond Allocation Process in Notice 2012-48

Internal Revenue Service (IRS) sent this bulletin at 07/18/2012 10:49 AM EDT

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July 18, 2012

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IRS Announces Tribal Economic Development Bond Allocation Process in Notice 2012-48

The IRS released Notice 2012-48 soliciting applications for an allocation of available Tribal Economic Development Bond volume cap. The available amount includes amounts that were previously allocated and subsequently forfeited under Notice 2009-51, Announcement 2010-88, and Announcement 2011-71. The notice also provides guidance on the application requirements and the administration of the allocation process.

For more information please visit the Treasury Department’s blog post.

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IRS Announces Tribal Economic Development Bond Allocation Process in Notice 2012-48

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IRS Announces Tribal Economic Development Bond Allocation Process in Notice 2012-48