The IRS recently issued Notice 2020-23, which extends the deadline for certain time sensitive actions that are required to be taken between April 1 and July 15. July 15 is the new deadline. The covered time sensitive actions include those actions relating to tax exempt bonds set forth in Revenue Procedure 2018-58, such as giving notice of defeasance escrows, filing Form 8038 or 8038G and making any rebate or yield reduction payments. The notice also amplifies and updates previous notices.