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Bonds:

IRS Guidance

Internal Revenue Code Section 142

Internal Revenue Code Section 142

Forms

Form 13907 - Tax-Exempt Bond Financings Compliance Check Questionnaire
Form 8038 - Information Return for Tax Exempt Private Activity Bond Issues
Form 8038-R- Recovery of Overpayment Under Arbitrage Rebate Provisions
Form 8038-T - Arbitrage Rebate & Penalty in Lieu of Arbitrage Rebate
Form 8328 - Carryforward Election of Unused Private Activity Bond Volume Cap
Form 8821 - Tax Information Authorization

Notices

Notice 2012-3: Current Refundings of Tax-Exempt Bonds in Certain Disaster Relief Bond Programs
Notice 2011-63: State and Local Bonds: Volume Cap and Timing of Issuing Bonds
Notice 2010-81: Build America Bonds and Other State and Local Bonds: Timing of Issuing Bonds
Notice 2010-35: Direct Payment Subsidy Option for Certain Qualified Tax Credit Bonds and Build America Bonds
Notice 2010-10: Tax-exempt Bonds in Certain Disaster Areas
Notice 2009-50: Recovery Zone Bond Volume Cap Allocations
Notice 2006-93 - Information Reporting Requirements for Payments of Interest on Tax-Exempt Bonds
Notice 2006-41 - Gulf Opportunity Zone Bonds, Gulf Opportunity Zone Advance Refunding Bonds and Gulf Tax Credit Bonds
Notice 2006-21 - GO Zone Resident Population Estimates
Notice 2005-47 - Application of Circular 230 to State or Local Bond Opinions
Notice 2005-28 - "Green Bonds" Extension
Notice 2004-21 - Volume Cap Census Numbers for 2004
Notice 2003-42  - Deadline for issuing authority to reassign volume cap to another authority
Notice 2003-41 - Deadline for allocation of volume cap
Notice 2002-56  - Population figures to be used for calculating the limitation under Section 142(k)(5) of the annual aggregate face amount of tax-exempt bonds described in Section 142(a)(13)
Notice 2002-10 - Use of gross proceeds of qualified 501(c)(3) bonds to acquire investments
Notice 2001-49 - Safe harbor under which an issue of tax or revenue anticipation bonds will not be treated as outstanding longer than is reasonably necessary to accomplish the governmental purposes of the bonds under section 1.148-10(a)(4)
Notice 2001-60- Closing agreement program for tax-exempt bonds (TEB VCAP)

Revenue Procedures

Rev. Proc. 2011-52  - Private activity bonds volume cap
Rev. Proc. 2006-17  - Average area purchase price safeharbors
Rev. Proc. 2005-30 - Procedures for obtaining automatic extension to make volume cap carryforward election
Rev. Proc. 2005-22 - Area Median Gross Income Figures
Rev. Proc. 2005-15 - Provides issuers of qualified mortgage bonds with (1) the nationwide average purchase for residences in the US and (2) average area purchase price safe harbors for residences in statistical areas in each state, DC, and US territories.
Rev. Proc. 2004-72 -  Maximum face amount of Qualified Zone Academy Bonds that may be issued for each State for the calendar year 2005.
Rev. Proc. 2004-71  - Inflation Adjustments for 2005
Rev. Proc. 2004-39 - Sets forth procedures for determining whether a residential rental project is in compliance with the applicable set-aside requirements contained in section 142(d) during the qualified project period (as defined in section 142(d)(2)(A))
Rev. Proc. 2003-46 - Sets forth procedures under IRC section 146(f) for correcting certain Forms 8328 (Carryforward Election of Unused Private Activity Bond Volume Cap) that were improperly filed by an authority (other than the issuing authority) authorized under state law to allocate state private activity bond volume cap to issuing authorities
Rev. Proc. 2003-15 - Supersedes Rev. Proc. 93-98 and provides issuers of qualified mortgage bonds (as defined in IRC section 143(a)) and issuers of mortgage credit certificates (as defined in section 25(c)) with a list of qualified census tracts for each state and the District of Columbia
Rev. Proc. 2002-72 - Allocates among the States the national limitation for Qualified Zone Academy Bonds for the calendar year 2003. For this purpose, the term “State” includes the District of Columbia and the possessions of the United States.
Rev. Proc. 2002-71 - Sets out a list of time-sensitive tax-exempt bond related acts required by the Code or regulations that may be postponed by those affected by presidentially-declared disasters.
Rev. Proc. 2002-70 - Provides that, for calendar years beginning in 2003, the amount used under section 146(d)(1) to calculate the State ceiling for the volume cap for private activity bonds is the greater of (1) $75 multiplied by the state population or (2) $228,580,000.
Rev. Proc. 2002-25 - Allocates among the States the 2002 national limitation amount of Qualified Zone Academy Bonds that may be issued for the calendar year 2002.
Rev. Proc. 2001-39 - Modifies the definitions of capitation fee and per-unit fee set forth in Rev. Proc. 97-13, 1997-1 I.R.B. 632 , to permit an automatic increase of those fees according to the specified, objective, external standard that is not linked to the output or efficiency of a facility (for example, the Consumer Price Index).
Rev. Proc. 2001-1 - Guidance with respect to filing requests for rulings from the Office of the Associate Chief Counsel (TE/GE) concerning excludability of interest on bonds from gross income under section 103
Rev. Proc. 99-35 - Procedures for issuers to request an administrative appeal to the Office of Appeals of a proposed determination by the District office that interest on a bond issue is not excludable from gross income under section 103
Rev. Proc. 97-15 - Provides a program under which an issuer of state or local bonds may request a closing agreement regarding outstanding bonds which fail to meet certain requirements of sections 141 through 150
Rev. Proc. 92-83 - Provides guidance to issuers of tax-exempt bonds that seek to recover overpayments of amounts paid under sections 1.48-1 through 1.148-8 
Rev. Proc. 90-11 - Provides issuers of state or local bonds described in section 103(a) of the Internal Revenue Code with guidance for filing (1) a request for an extension of time to pay a correction amount of arbitrage rebate, (2) an explanation of an innocent failure to meet a requirement for payment of arbitrage rebate, or (3) a request for a ruling regarding a failure (other than an innocent failure or one that is so treated) to meet a requirement for payment of arbitrage rebate.
Rev. Proc. 88-10 - Provides guidance to issuers of state or local bonds for requesting an extension of time to file the statement of information required by section 149(e)

Private Letter Rulings

PLR 200601021 - Ownership by Two Partnerships of a Qualified Residential Rental  Project under Section 142
PLR200527014 - Arbitrage; In response to a request for a ruling that a guarantee of the Bonds backed by Fund A pursuant to the Program will not cause the Amounts in Fund A to be treated as replacement proceeds of the Bonds.
PLR200527009 - Arbitrage; In response to a ruling request on behalf of State that amounts, if any, in State's General Fund, Special Fund and Budget Account will not result in "other replacement proceeds" of the Bodns within the meaning of §1.148-1(c)(4).
PLR200428022 - Arbitrage; In repsonse to the request for a ruling that the Trust corpus will not constitute "replacement proceeds" of the bonds under Section 148.
PLR200422046 - CarryForward of Allocation of Volume Cap
PLR200406028 - CarryForward of Allocation of Volume Cap
PLR200345022 - Qualified Residential Rental Project; In response to a ruling request under § 142(d) of the Internal Revenue Code of 1986 that certain types of leases of certain units in a residential rent project financed with the Bonds will not cause the Project to be treated as: (1) used on a transient basis under §1.103-8(b)(4) of the Income Tax Regulations, or (2) unavailable to members of the general public under §1.103-8(a)(2) for purposes of §142(d).
PLR200345004 - CarryForward of Allocation of Volume Cap
PLR200339011 - CarryForward of Allocation of Volume Cap
PLR200314005 - CarryForward of Allocation of Volume Cap
PLR200306003 - Qualified Residential Rental Project; In response to a request for a private letter ruling regarding the applicable qualified project period for the Refunding Bonds.
PLR200248004 - CarryForward of Allocation of Volume Cap
PLR200248003 - CarryForward of Allocation of Volume Cap
PLR200232002 - CarryForward of Allocation of Volume Cap
PLR200212022 - CarryForward of Allocation of Volume Cap
PLR200211026 - CarryForward of Allocation of Volume Cap
PLR200210006 - Arbitrage; In response to a request on behalf of the Authority for rulings that: (1) the operating expenses to be paid with proceeds of the Notes are described in §1.148-6(d)(3)(ii)(B) of the Income Tax Regulations and therefore, are not subject to the proceeds-spent last method of accounting set forth in §1.148-6(3)(i); and (2) the net sale proceeds and investment proceeds of the Notes qualify for the 3 year temporary period under §148-2(e)(2)(i) and may be invested in higher yielding investments during such period without causing the Notes to be arbitrage bonds within the meaning of Section 148.
PLR200208014 - CarryForward of Allocation of Volume Cap
PLR200152027 - Arbitrage; Whether the 15-month term of the TRANs constitutes overburdening the market under §1.148-10(a)(4) of the Income Tax Regulations because the TRANs are outstanding longer than necessary to accomplish the County's governmental purposes.
PLR200147015- Arbitrage; In response to a request for a ruling that the bonds of the Project Issue will not be issued earlier than necessary for purposes of §1.148-10(a)(4) of the Income Tax Regulations.
PLR200147014 - CarryForward of Allocation of Volume Cap
PLR200135018 - CarryForward of Allocation of Volume Cap
PLR200123025 - CarryForward of Allocation of Volume Cap
PLR200128002 - CarryForward of Allocation of Volume Cap
PLR200119045 - Arbitrage; In response to ar request on behalf of the Issuer for a ruling that payments on the swap described below be taken into account in the computation of yield on certain nonpurpose investments of the Issuer for purposes of the yield restriction and arbitrage rebate rules under Section 148.
PLR200103058 - CarryForward of Allocation of Volume Cap
PLR200040026 - CarryForward of Allocation of Volume Cap
PLR200013037 - CarryForward of Allocation of Volume Cap
PLR200038001 - Assisted Living Facility; In response to a request for a private letter ruling that the Facility will be a qualified residential rental project for purposes of IRC §142(d).
PLR200036033 - Arbitrage; In response to a ruling request concerning the allocation of certain of the proceeds of the Specified Bonds for arbitrage purposes.
PLR200022038 - Qualified Mortgage Revenue Bonds; In response to a ruling request concerning the use of proceeds of tax-exempt bonds to finance the purchase of certain residential mortgage loans. Specifically, whether residences that are located on Indian reservation lands within the boundaries of the State are "located within the jurisdiction of" the Agency for purposes of §143(c)(1)(B).

TAMs

TAM 201118012 Whether the entrance fees collected by Borrower are properly characterized as replacement proceeds within the meaning of § 148 of the Internal Revenue Code and § 1.148-1(c) of the Income Tax Regulations
TAM200051001 Whether the Swap Agreements constitute a qualified hedge under §1.148-4(h)(2) with respect to the Bonds, whether the actual amount of rebate payments with respect to the Bonds may be future valued for purposes of determining the amount of a rebate overpayment under §1.148-3(i)(1)
TAM200413012 For purposes of the "5%" rule (Section 148-6(d)(3)(iii)(B)), do the "actual working capital expenditures of the issuer in the prior fiscal year" include expenditures made from amounts that were restricted to use for expenditures other than working capital of the type financed?
TAM200215005 Responds to a letter dated March 14, 2000, and subsequent correspondence, submitted on behalf of P by its authorized representatives, requesting rulings under §29 and §702
TAM200043016 What costs incurred in the construction of a low-income housing building are included in eligible basis under section 42(d)(1) of the Internal Revenue Code? Specifically, are local impact fees, certain land preparation costs, construction loan costs, and certain contractor fees incurred by the Taxpayer in constructing the Project included in eligible basis under section 42(d)(1)?

Publications

Publication 3755 - Filing Requirements
Publication 4079 - Tax-Exempt Governmental Bonds Compliance Guide
Publication 4078 - Tax Exempt Private Activity Bonds Compliance Guide
Publication 4077 - Tax Exempt Bonds for 501(c)(3) Charitable Organizations

Other

Tax Exempt Bond FY 2012 Work Plan
Operating priorities and program guidance for implementing the Tax Exempt Bonds portion of the TE/GE Strategic and Program Plan for fiscal year 2012.

Tax Exempt Bond FY 2011 Work Plan
Operating priorities and program guidance for implementing the Tax Exempt Bonds portion of the TE/GE Strategic and Program Plan for fiscal year 2011.

Statistics of Income Bulletin: Municipal Bonds, 2009
Internal Revenue Service, Fall 2011

Proposed Rule: Public Approval Guidance for Tax-Exempt Bonds (September 9, 2008)

Tax Exempt Bond FY2008 Work Plan
Operating priorities and program guidance for implementing the Tax Exempt Bonds portion of the TE/GE Strategic and Program Plan for fiscal year 2008.

Tax Exempt Bonds CPE Text A series of articles published by the Service as the Tax Exempt Bonds Continuing Professional Education Technical Instruction Program.