Notice2026-02664
Agency Information Collection Activities; Comment Request on Proceeds of Bonds Used for Reimbursement
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 11, 2026
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Full Text
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<title>Federal Register, Volume 91 Issue 28 (Wednesday, February 11, 2026)</title>
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[Federal Register Volume 91, Number 28 (Wednesday, February 11, 2026)]
[Notices]
[Pages 6288-6289]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-02664]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Information Collection Activities; Comment Request on
Proceeds of Bonds Used for Reimbursement
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of information collection; request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
IRS is inviting comments on the information collection request outlined
in this notice.
DATES: Written comments should be received on or before April 13, 2026
to be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224, or by email to <a href="/cdn-cgi/l/email-protection#86f6f4e7a8e5e9ebebe3e8f2f5c6eff4f5a8e1e9f0"><span class="__cf_email__" data-cfemail="aededccf80cdc1c3c3cbc0daddeec7dcdd80c9c1d8">[email protected]</span></a>. Include ``OMB Control No.
1545-1226'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Jason Schoonmaker,
(801) 620-6008.
SUPPLEMENTARY INFORMATION: The IRS, in accordance with the Paperwork
Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the
general public and Federal agencies with an opportunity to comment on
proposed, revised, and continuing collections of information. This
helps the IRS assess the impact and minimize the burden of its
information collection requirements. Comments submitted in response to
this notice will be summarized and/or included in the request for OMB
approval. All comments will become a matter of public record, and
viewable on relevant websites. For this reason, please do not include
in your comments information of a confidential nature, such as
sensitive personal information. Comments are invited on: (a) Whether
the collection of information is necessary for the proper performance
of the functions of the agency, including whether the information shall
have practical utility; (b) the accuracy of the agency's estimate of
the burden of the collection of information; (c) ways to enhance the
quality, utility, and clarity of the information to be collected; (d)
ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology; and (e) estimates
of capital or start-up costs and costs of operation, maintenance, and
purchase of services to provide information.
Title: Proceeds of Bonds Used for Reimbursement.
OMB Control Number: 1545-1226.
Regulation Project Number: 26 CFR 1.150-2.
Abstract: This regulation clarifies when the allocation of bond
proceeds to reimburse expenditures previously made by an issuer of the
bond is treated as an expenditure of the bond proceeds. The issuer must
express a reasonable official intent, on or prior to the date of
payment, to reimburse the expenditure
[[Page 6289]]
in order to assure that the reimbursement is not a device to evade
requirements imposed by the Internal Revenue Code with respect to tax
exempt bonds. The information collection was added by TD 8394 under 26
CFR 1.103-18. TD 8476 removed 26 CFR 1.103-18 and moved the information
collection to 26 CFR 150-2.
Current Actions: There is no change to the previously approved
information collection.
Type of Review: Extension of a currently approved collection.
Affected Public: State, local or tribal government, and not-for-
profit institutions.
Estimated Number of Responses: 2,500.
Estimated Time per Response: 2 hours, 24 minutes.
Estimated Total Annual Burden Hours: 6,000.
Dated: February 6, 2026.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2026-02664 Filed 2-10-26; 8:45 am]
BILLING CODE 4830-GV-P
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