# Notice 2023-4: Administrative, Procedural, and Miscellaneous 26 CFR 54.9816-6T: Calculating the qualifying payment amounts in 2023

> Federal · IRS notices · In force

URL: https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_4

## Section

- **Citation:** Notice 2023-4
- **Heading:** Administrative, Procedural, and Miscellaneous 26 CFR 54.9816-6T: Calculating the qualifying payment amounts in 2023
- **Jurisdiction:** Federal
- **Kind:** IRS notices
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Internal Revenue Bulletin / IRB 2023 / Notice / Notice 2023-4

## Text

1

Part III
Administrative, Procedural, and Miscellaneous
26 CFR 54.9816-6T: Calculating the qualifying payment amounts in 2023

Notice 2023-4
SECTION 1. PURPOSE AND SCOPE
Pursuant to Treas. Reg. § 54.9816-6T(c), 29 CFR 2590.716-6(c), and 45 CFR
149.140(c), this notice provides the percentage increase for calculating the qualifying
payment amounts for items and services furnished during 2023 for purposes of sections
9816 and 9817 of the Internal Revenue Code (Code), sections 716 and 717 of the
Employee Retirement Income Security Act of 1974 (ERISA), and sections 2799A-1 and
2799A-2 of the Public Health Service Act (PHS Act). This notice was drafted in
consultation with the Departments of Labor and Health and Human Services. Similar
guidance for items and services furnished during 2022 was published in Revenue
Procedure 2022-11, 2022-3 IRB 449, and Notice 2022-11, 2022-14 IRB 939.1
Percentage increases for calculating the qualifying payment amounts for items and
services furnished in future years may be published in the annual revenue procedure
containing inflation-adjusted items for the following tax year.
SECTION 2. BACKGROUND
The No Surprises Act was enacted as Title I of Division BB of the Consolidated
Appropriations Act, 2021.2 The No Surprises Act added sections 9816 and 9817 to the
Code, sections 716 and 717 to ERISA, and sections 2799A-1 and 2799A-2 to the PHS

1 https://www.irs.gov/pub/irs-drop/rp-22-11.pdf and https://www.irs.gov/pub/irs-drop/n-22-11.pdf.
2 Pub. L. 116-260, 134 Stat. 1182 (2020).
2

Act. These provisions provide protections against surprise medical bills in certain
circumstances
Act, 2021.2 The No Surprises Act added sections 9816 and 9817 to the
Code, sections 716 and 717 to ERISA, and sections 2799A-1 and 2799A-2 to the PHS

1 https://www.irs.gov/pub/irs-drop/rp-22-11.pdf and https://www.irs.gov/pub/irs-drop/n-22-11.pdf.
2 Pub. L. 116-260, 134 Stat. 1182 (2020).
2

Act. These provisions provide protections against surprise medical bills in certain
circumstances. Surprise medical bills can occur when a patient unexpectedly receives
health care from a provider, facility, or provider of air ambulance services that does not
participate in the network of the individual’s group health plan or group or individual
health insurance coverage (an out-of-network or nonparticipating provider, facility, or
provider of air ambulance services).3
Before the enactment of the No Surprises Act, when the terms of a group health
plan or group or individual health insurance coverage did not provide for coverage of the
entire amount billed by a nonparticipating provider, facility, or provider of air ambulance
services, the provider, facility, or provider of air ambulance services could balance bill
the patient for the amount in excess of the amount paid by the plan or coverage and any
applicable patient cost sharing (unless prohibited under applicable state law). For non-
emergency services and air ambulance services, the patient could also have been
responsible for out-of-network cost-sharing amounts, which may have been higher than
in-network cost-sharing amounts. Under the No Surprises Act, in certain circumstances,
the nonparticipating provider, facility, or provider of air ambulance services can no
longer balance bill the patient for the excess amount, and patient cost sharing is
generally limited to in-network levels
also have been
responsible for out-of-network cost-sharing amounts, which may have been higher than
in-network cost-sharing amounts. Under the No Surprises Act, in certain circumstances,
the nonparticipating provider, facility, or provider of air ambulance services can no
longer balance bill the patient for the excess amount, and patient cost sharing is
generally limited to in-network levels. The No Surprises Act and implementing
regulations4 provide that, generally, in the absence of an All-Payer Model Agreement

3 The protections against surprise billing additionally apply to health benefits plans offered by carriers
under the Federal Employees Health Benefits (FEHB) Act pursuant to 5 U.S.C. 8902(p). Accordingly, the
guidance provided in this notice applies to FEHB carriers to the extent consistent with their contracts. See
also 5 CFR 890.114.
4 86 FR 36872 (July 13, 2021).
3

under section 1115A of the Social Security Act or specified state law,5 a patient’s cost-
sharing amount must be calculated based on the lesser of the qualifying payment
amount6 or the amount billed by the provider or facility. In the case of air ambulance
services, the patient’s cost-sharing amount must be calculated based on the lesser of
the qualifying payment amount or the billed amount for the services.
Further, in the absence of an All-Payer Model Agreement or specified state law,7
the No Surprises Act and its implementing regulations provide for a 30-business-day
open negotiation period for group health plans or health insurance issuers offering
group or individual health insurance coverage (plans and issuers) and the
nonparticipating providers, facilities, or providers of air ambulance services to determine
the amount to be paid by the plans or issuers as the out-of-network rate.8 If the parties
are unable to reach an agreement through open negotiation, the No Surprises Act
provides for the out-of-network rate to be determined by a certified independent dispute
resolution (IDR) entity through a Federal
e
nonparticipating providers, facilities, or providers of air ambulance services to determine
the amount to be paid by the plans or issuers as the out-of-network rate.8 If the parties
are unable to reach an agreement through open negotiation, the No Surprises Act
provides for the out-of-network rate to be determined by a certified independent dispute
resolution (IDR) entity through a Federal IDR process set forth in sections 9816(c) and
9817(b) of the Code, sections 716(c) and 717(b) of ERISA, and sections 2799A-1(c)
and 2799A-2(b) of the PHS Act. The statute and implementing interim final regulations
issued in October 20219 and the final regulations issued in August 202210 provide that,
under the Federal IDR process, the certified IDR entity considers the qualifying payment

5 If an All-Payer Model Agreement or specified state law applies, the applicable Agreement or law
determines the cost-sharing amount. “Specified state law” is defined in § 54.9816-3T, 29 CFR 2590.716-
3, and 45 CFR 149.30.
6 “Qualifying payment amount” is defined in § 54.9816-6T(a)(16), 29 CFR 2590.716-6(a)(16), and 45 CFR
149.140(a)(16).
7 If an All-Payer Model Agreement or specified state law applies, the applicable Agreement or law
determines the out-of-network rate.
8 “Out-of-network rate” is defined in § 54.9816-3T, 29 CFR 2590.716-3, and 45 CFR 149.30.
9 86 FR 55980 (October 7, 2021).
10 87 FR 52618 (August 26, 2022).
4

amount for the item or service, among other additional circumstances and information
as provided for in the statute and implementing regulations, in determining which offer
to select as the out-of-network rate
e out-of-network rate.
8 “Out-of-network rate” is defined in § 54.9816-3T, 29 CFR 2590.716-3, and 45 CFR 149.30.
9 86 FR 55980 (October 7, 2021).
10 87 FR 52618 (August 26, 2022).
4

amount for the item or service, among other additional circumstances and information
as provided for in the statute and implementing regulations, in determining which offer
to select as the out-of-network rate.
Under § 54.9816-6T(c), 29 CFR 2590.716-6(c), and 45 CFR 149.140(c), for an
item or service furnished during 2022, plans and issuers must calculate the qualifying
payment amount by increasing the median contracted rate (as determined in
accordance with § 54.9816-6T(b), 29 CFR 2590.716-6(b), and 45 CFR 149.140(b)) for
the same or similar item or service under such plan or coverage, on January 31, 2019,
by the combined percentage increase as published by the Department of the Treasury
(Treasury Department) and the Internal Revenue Service (IRS) to reflect the percentage
increase in the consumer price index for all urban consumers (U.S. city average) (CPI-
U) over 2019, such percentage increase over 2020, and such percentage increase over
2021.11 Pursuant to Rev. Proc. 2022-11, for items and services provided on or after
January 1, 2022, and before January 1, 2023, the combined percentage increase to
adjust the median contracted rate for the same or similar item or service under such
plan or coverage, on January 31, 2019, is 1.0648523983. The revenue procedure also
provides that plans and issuers may round to the nearest dollar any resulting qualifying
payment amounts
r items and services provided on or after
January 1, 2022, and before January 1, 2023, the combined percentage increase to
adjust the median contracted rate for the same or similar item or service under such
plan or coverage, on January 31, 2019, is 1.0648523983. The revenue procedure also
provides that plans and issuers may round to the nearest dollar any resulting qualifying
payment amounts.
Pursuant to § 54.9816-6T(c)(3)(i), 29 CFR 2590.716-6(c)(3)(i), and 45 CFR
149.140(c)(3)(i), for an item or service furnished during 2022, a plan or issuer that does

11 The calculations of the qualifying payment amounts for anesthesia services, air ambulance services,
and certain other items or services furnished during 2022 for which a plan or issuer has sufficient
information to calculate the median of the contracted rates in 2019 differ slightly, but all use the same
formula for increasing a base rate by the combined percentage increase as published by the Treasury
Department and the IRS to reflect the percentage increase in the CPI-U over 2019 and subsequent years.
See § 54.9816-6T(c)(1)(iii)-(vii), 29 CFR 2590.716-6(c)(1)(iii)-(vii), and 45 CFR 149.140(c)(1)(iii)-(vii).
5

not have sufficient information to calculate the median of the contracted rates in 2019
for the same or similar item or service provided in a geographic region must calculate
the qualifying payment amount by first identifying the rate that is equal to the median of
the in-network allowed amounts for the same or similar item or service provided in the
geographic region in 2021, determined by the plan or issuer through use of any eligible
database, and then increasing that rate by the percentage increase in the CPI-U over
2021
d in a geographic region must calculate
the qualifying payment amount by first identifying the rate that is equal to the median of
the in-network allowed amounts for the same or similar item or service provided in the
geographic region in 2021, determined by the plan or issuer through use of any eligible
database, and then increasing that rate by the percentage increase in the CPI-U over
2021. Similarly, in the case of a newly covered item or service furnished during the first
coverage year, when a plan or issuer does not have sufficient information to calculate
the median of the contracted rates in the first coverage year for the item or service, the
plan or issuer must calculate the qualifying payment amount by using an eligible
database to determine the rate that is equal to the median of the in-network allowed
amounts for the same or similar item or service provided in the geographic region in the
year immediately preceding the first coverage year, and then increasing that rate by the
percentage increase in the CPI-U over the preceding year.
Under § 54.9816-6T(c)(3)(ii), 29 CFR 2590.716-6(c)(3)(ii), and 45 CFR
149.140(c)(3)(ii), for an item or service furnished in a subsequent year (before the first
sufficient information year for the item or service with respect to the plan or coverage),
the plan or issuer must calculate the qualifying payment amount by increasing the
qualifying payment amount determined for the item or service for the year immediately
preceding the subsequent year, by the percentage increase in the CPI-U over the
preceding year.
The percentage increase in the CPI-U for items and services provided in 2022
over the preceding year is the average CPI-U for 2021 over the average CPI-U for
6

2020. Pursuant to Notice 2022-11, the percentage increase from 2021 to 2022 is
1.0299772040. The notice also provides that plans and issuers may round any resulting
qualifying payment amounts to the nearest dollar
e
preceding year.
The percentage increase in the CPI-U for items and services provided in 2022
over the preceding year is the average CPI-U for 2021 over the average CPI-U for
6

2020. Pursuant to Notice 2022-11, the percentage increase from 2021 to 2022 is
1.0299772040. The notice also provides that plans and issuers may round any resulting
qualifying payment amounts to the nearest dollar.
Under § 54.9816-6T(c)(2)(i), 29 CFR 2590.716-6(c)(2)(i), and 45 CFR
149.140(c)(2)(i), with respect to a sponsor of a plan or issuer offering group or individual
health insurance coverage in a geographic region in which the sponsor or issuer did not
offer any group health plan or health insurance coverage in 2019, for the first year in
which the group health plan or group or individual health insurance coverage is offered
in the region, if the plan or issuer does not have sufficient information to calculate the
median of the contracted rates for an item or service provided in the geographic region,
the plan or issuer must determine the qualifying payment amount pursuant to
§ 54.9816-6T(c)(3)(i), 29 CFR 2590.716-6(c)(3)(i), and 45 CFR 149.140(c)(3)(i) for an
item or service furnished in 2022, as previously discussed. For each subsequent year
the group health plan or group or individual health insurance coverage is offered in the
region, the plan or issuer must calculate the qualifying payment amounts by increasing
the qualifying payment amounts so determined for items or services provided in the
immediately preceding year, by the percentage increase in the CPI-U over the
preceding year.12
Under § 54.9816-6T(c)(4)(i), 29 CFR 2590.716-6(c)(4)(i), and 45 CFR
149.140(c)(4)(i), in the case of a plan or issuer that does not have sufficient information

12 The calculations of the qualifying payment amounts for anesthesia services, air ambulance services,
and certain other items or services furnished in a subsequent year differ slightly, but all use the same
formula for increasing the indexed median contract
(i), 29 CFR 2590.716-6(c)(4)(i), and 45 CFR
149.140(c)(4)(i), in the case of a plan or issuer that does not have sufficient information

12 The calculations of the qualifying payment amounts for anesthesia services, air ambulance services,
and certain other items or services furnished in a subsequent year differ slightly, but all use the same
formula for increasing the indexed median contracted rate determined for the item or service in the
immediately preceding year by the percentage increase. See § 54.9816-6T(c)(2)(ii), 29 CFR 2590.716-
6(c)(2)(ii), and 45 CFR 149.140(c)(2)(ii).
7

to calculate the median of the contracted rates for the same or similar item or service
provided in a geographic region and determine the qualifying payment amount in
accordance with the previously described methodology because the item or service is
billed under a new service code, for items or services furnished in 2022 (or for newly
covered items and services, during the first coverage year for the item or service), the
plan or issuer must calculate the qualifying payment amounts pursuant to
§ 54.9816-6T(c)(4)(i), 29 CFR 2590.716-6(c)(4)(i), and 45 CFR 149.140(c)(4)(i).
Under § 54.9816-6T(c)(4)(ii), 29 CFR 2590.716-6(c)(4)(ii), and 45 CFR
149.140(c)(4)(ii), for such an item or service furnished in a subsequent year (before the
first sufficient information year for the item or service with respect to such plan or
coverage or before the first year for which an eligible database has sufficient information
to calculate a rate under § 54.9816-6T(c)(3)(i), 29 CFR 2590.716-6(c)(3)(i), and 45 CFR
149.140(c)(3)(i) in the immediately preceding year), the plan or issuer must calculate
the qualifying payment amount by increasing the qualifying payment amount determined
for the item or service for the year immediately preceding the subsequent year, by the
percentage increase in the CPI-U over the preceding year.
SECTION 3
under § 54.9816-6T(c)(3)(i), 29 CFR 2590.716-6(c)(3)(i), and 45 CFR
149.140(c)(3)(i) in the immediately preceding year), the plan or issuer must calculate
the qualifying payment amount by increasing the qualifying payment amount determined
for the item or service for the year immediately preceding the subsequent year, by the
percentage increase in the CPI-U over the preceding year.
SECTION 3. GUIDANCE
The percentage increase in the CPI-U over a preceding year is calculated by
dividing the average CPI-U for the preceding year by the average CPI-U for the year
immediately prior to the preceding year. For this purpose, the average CPI-U for a year
is the average of the monthly CPI-Us published by the Bureau of Labor Statistics of the
Department of Labor for the 12-month period ending on August 31 of each year,
rounded to 10 decimal places. The percentage increase in the CPI-U for items and
8

services provided in 2023 over the preceding year is the average CPI-U for 2022 over
the average CPI-U for 2021. Pursuant to this calculation, the percentage increase from
2022 to 2023 is 1.0768582128. Further, pursuant to this notice, plans and issuers may
round any resulting qualifying payment amounts to the nearest dollar.
.01 Adjusting qualifying payment amounts based on January 31, 2019 rates.
For qualifying payment amounts calculated by increasing the median contracted
rate for 201913, the qualifying payment amounts for items and services furnished in
2023 are determined by taking the qualifying payment amounts calculated for items and
services furnished in 2022 and multiplying the 2022 adjusted qualifying payment
amounts by the percentage increase from 2022 to 2023, that is, 1.0768582128.
For example: An item is furnished in 2023. The median contracted rate for the
item on January 31, 2019 was $1,500. The 2022 adjusted qualifying payment amount
for the item was $1,597 ($1,500 x 1.0648523983). The 2023 adjusted qualifying
payment amount for the item is $1,720 ($1,597 x 1.0768582128)
qualifying payment
amounts by the percentage increase from 2022 to 2023, that is, 1.0768582128.
For example: An item is furnished in 2023. The median contracted rate for the
item on January 31, 2019 was $1,500. The 2022 adjusted qualifying payment amount
for the item was $1,597 ($1,500 x 1.0648523983). The 2023 adjusted qualifying
payment amount for the item is $1,720 ($1,597 x 1.0768582128).

.02 Adjusting qualifying payment amounts based on 2021 rates.
For items and services furnished in 2022, for which the qualifying payment
amounts were calculated by increasing the median of the in-network allowed amounts
for the same or similar item or service provided in the geographic region in 2021, drawn
from any eligible database, by the percentage increase from 2021 to 202214, the
qualifying payment amounts for items and services furnished in 2023 are determined by

13 These qualifying payment amounts are calculated by increasing the median contracted rate for the
same or similar item or service under the plan or coverage, on January 31, 2019, by the combined
percentage increase (2019, 2020, and 2021) published in Rev. Proc. 2022-11 (that is, 1.0648523983).
14 These qualifying payment amounts are calculated by multiplying the median of the in-network allowed
amounts for the same or similar item or service provided in the geographic region in 2021, drawn from
any eligible database, by the percentage increase from 2021 to 2022 (that is, 1.0299772040).
9

taking the qualifying payment amounts calculated for the items and services furnished in
2022 and multiplying the 2022 adjusted qualifying payment amounts by the percentage
increase from 2022 to 2023 (that is, 1.0768582128).
For example: A newly covered service for which the plan or issuer does not have
sufficient information to calculate the median of the contracted rates is furnished in
2022
ing the qualifying payment amounts calculated for the items and services furnished in
2022 and multiplying the 2022 adjusted qualifying payment amounts by the percentage
increase from 2022 to 2023 (that is, 1.0768582128).
For example: A newly covered service for which the plan or issuer does not have
sufficient information to calculate the median of the contracted rates is furnished in
2022. The median of the in-network allowed amounts for the same or similar service
provided in the geographic region in 2021, drawn from an eligible database, was
$2,100. The 2022 adjusted qualifying payment amount for the service was $2,163
($2,100 x 1.0299772040). The 2023 adjusted qualifying payment amount for the service
is $2,329 ($2,163 x 1.0768582128).

The adjustment to the qualifying payment amounts will be applied similarly for
items and services covered by a new plan or new group or individual health insurance
coverage that was not offered in a geographic region in a prior year. For items and
services first offered by a new plan or new group or individual health insurance
coverage in a geographic region in 2022 for which the plan or issuer does not have
sufficient information to calculate the median of the contracted rates for the items or
services provided in the geographic region15, the qualifying payment amounts would be
calculated by increasing the median of the in-network allowed amounts for the same or
similar item or service provided in the geographic region in 2021, drawn from any
eligible database, by the percentage increase from 2021 to 2022 (1.0299772040). For
that plan or coverage, the qualifying payment amounts for items and services furnished

15 These qualifying payment amounts are calculated by multiplying the median of the in-network allowed
amounts for the same or similar item or service provided in the geographic region in 2021, drawn from
any eligible database, by the percentage increase from 2021 to 2022 (that is, 1.0299772040)
2040). For
that plan or coverage, the qualifying payment amounts for items and services furnished

15 These qualifying payment amounts are calculated by multiplying the median of the in-network allowed
amounts for the same or similar item or service provided in the geographic region in 2021, drawn from
any eligible database, by the percentage increase from 2021 to 2022 (that is, 1.0299772040).
10

in 2023 is determined by taking the qualifying payment amounts calculated for items
and services furnished in 2022 and multiplying the 2022 adjusted qualifying payment
amounts by the percentage increase from 2022 to 2023, that is, 1.0768582128.
.03 Calculating qualifying payment amounts when 2023 is the first coverage year.
For newly covered items and services furnished in 2023 for which the plan or
issuer does not have sufficient information, when 2023 is the first coverage year for the
item or service with respect to the plan or coverage, the qualifying payment amounts for
the items and services first furnished in 2023 are determined by multiplying the median
of the in-network allowed amounts for the same or similar item or service provided in the
geographic region in 2022, drawn from any eligible database, by the percentage
increase from 2022 to 2023, that is, 1.0768582128.
For example: A newly covered service is furnished in 2023. The median of the
in-network allowed amounts for the service provided in the geographic region in 2022,
drawn from an eligible database, was $3,000. The 2023 adjusted qualifying payment
amount for the service is $3,231 ($3,000 x 1.0768582128).
SECTION 4. EFFECTIVE DATE
The effective date of this notice is January 1, 2023.
SECTION 5. DRAFTING INFORMATION
The principal author of this notice is Jason Sandoval of the Office of Associate
Chief Counsel (Employee Benefits, Exempt Organizations, and Employment Taxes).
For further information regarding this notice, contact Jason Sandoval at 202-317-5500
(not a toll-free call).

## Nearby sections

- [Notice 2023-1 Part III – Administrative, Procedural, and Miscellaneous Certain Definitions of Terms in Section 30D Clean Vehicle Credit](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_1.md)
- [Notice 2023-2 Initial Guidance Regarding the Application of the Excise Tax on Repurchases of Corporate Stock under Section 4501 of the Internal Revenue Code](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_2.md)
- [Notice 2023-3 2023 Standard Mileage Rates](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_3.md)
- [Notice 2023-4 Administrative, Procedural, and Miscellaneous 26 CFR 54.9816-6T: Calculating the qualifying payment amounts in 2023](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_4.md)
- [Notice 2023-5 Part III --- Administrative, Miscellaneous, and Procedural Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_5.md)
- [Notice 2023-6 Sustainable Aviation Fuel Credit; Registration; Certificates; Request for Public Comments](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_6.md)
- [Notice 2023-7 Initial Guidance Regarding the Application of the Corporate Alternative Minimum Tax under Sections 55, 56A, and 59 of the Internal Revenue Code](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_7.md)
- [Notice 2023-8 Additional Guidance Related to Transfers of Publicly Traded Partnership Interests under Section 1446(f)](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_8.md)
- [Notice 2023-9 Part III – Administrative, Procedural, and Miscellaneous Section 45W Commercial Clean Vehicles and Incremental Cost for 2023](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_9.md)
- [Notice 2023-11 Part III - Administrative, Procedural, and Miscellaneous Foreign Financial Institution Temporary U.S. Taxpayer Identification Number Relief](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_11.md)
- [Notice 2023-12 Part III --- Administrative, Miscellaneous, and Procedural Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_12.md)
- [Notice 2023-16 Part III – Administrative, Procedural, and Miscellaneous Certain Definitions of Terms in Section 30D Clean Vehicle Credit](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_16.md)
- [Notice 2023-17 Initial Guidance Establishing Program to Allocate Environmental Justice Solar and Wind Capacity Limitation Under Section 48(e)](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_17.md)
- [Notice 2023-18 Initial Guidance Establishing Qualifying Advanced Energy Project Credit Allocation Program Under Section 48C(e)](https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_18.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/IRS_NOTICE_2023_4. Check the current official text before relying on it. Not legal advice.