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Agency Summary
Department of Treasury

Agency Recovery Site
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Recent News
Financial Status

Weekly Progress
Source: Agency Financial and Activity Report
as of 2009-04-30
Financial and Activity Report

Report Date: 2009-04-24View History

 Financial Status:
  • Total Available: $20,887,890
  • Total Paid Out: $137,324
 Major Actions Taken to Date:
  • TIGTA: 4 ARRA-Related Office of Audit Projects Started -- (1) Health Coverage Tax Credit Systems Upgrade (2) 2009 Filing Season Review (3) Making Work Pay Credit (4) First Time Home Buyer Credit
  • FMS: Sent the "Notice to Financial Institutions on the Upcoming Federal Economic Recovery Act Payments"
  • IRS: Issued Notice on the Modification of Credit for Residential Energy Efficient Property (ARRA section 1122)
  • IRS: Issued news release providing a safe harbor related to the extension and modification of the credit for non-business energy property (ARRA section 1121), and also covering provisions on the election of investment credit in lieu of production credit and coordination with renewable energy grants (ARRA sections 1102 / 1104)
  • IRS: Issued Energy Fact Sheet summarizing various energy-related tax provisions in the Recovery Act
  • IRS: Issued revised revenue procedures for 5 year net operating loss carryback for small businesses (ARRA section 1211)
  • IRS: Issued news release on credit for new qualified plug-in electric drive motor vehicles and the credit for certain plug-in vehicles (ARRA sections 1141 / 1142)
 Major Planned Actions:
  • TIGTA: Will consolidate Office of Audit Memorandum on ARRA project time and travel costs, DCAA project costs, project management, and reporting procedures.
  • FMS: Plan to receive the first SSA payment file on April 27 and the second file on May 1.
  • IRS: Begin accepting and processing new Form 8038-CP for the Build America Bonds tax credit on May 1st

  View Source file


Report History

Report Date
Source

 

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