Part IV. Items — Internal Revenue Bulletin 1996-23

SUPPLEMENTARY INFORMATION:

The subject of the public hearing is proposed amendments to the Income Tax Regulations under sections 3406, 6041 through 6049, and 6050A of the Internal Revenue Code. The proposed regulations [IL–52–86, 1988–1 C.B. 892] appeared in the Federal Register on Monday, February 29, 1988 (53 FR 5991). The rules of §601.601(a)(3) of the ‘‘Statement of Procedural Rules’’ (26 CFR Part 601) shall apply with respect to the public hearing. Persons who have submitted written comments within the time prescribed in the notice of proposed rulemaking and who also desire to present oral comments at the hearing on the proposed regulations should submit not later than Wednesday, July 3, 1996, an outline of the oral comments/testimony to be presented at the hearing and the time they wish to devote to each subject.

Each speaker (or group of speakers representing a single entity) will be limited to 10 minutes for an oral presentation exclusive of the time consumed by the questions from the panel for the government and answer thereto.

Because of controlled access restrictions, attenders cannot be admitted beyond the lobby of the Internal Revenue Building until 9:45 a.m.

An agenda showing the scheduling of the speakers will be made after outlines are received from the persons testifying. Copies of the agenda will be available free of charge at the hearing.

Cynthia E. Grigsby, Chief, Regulations Unit, Assistant Chief Counsel (Corporate).

(Filed by the Office of the Federal Register on

May 7, 1996, 8:45 a.m., and published in the issue of the Federal Register for May 8, 1996, 61 F.R. 20767)

Foundations Status of Certain Organizations

Announcement 96–55

The following organizations have failed to establish or have been unable to maintain their status as public charities or as operating foundations.

Form 5300 series

Announcement 96–53

The application forms used to request determination letters for qualified employee benefit plans have been revised. In addition, applicants must file a new schedule, Schedule Q (Form 5300) Nondiscrimination Requirements, as an attachment to Forms 5300, 5303, 5307 and 5310. Schedule Q replaces the attachment previously required by Rev. Proc. 93–39, 1993–2 C.B. 513.

The 5300 series applications were revised primarily to eliminate questions that were duplicated on the attachment required by Rev. Proc. 93–39 (now Schedule Q). Further, Form 5300 may now only be used to request a determination on the entire plan. Form 6406 may be used to obtain a determination on the effect of a plan amendment upon a previously issued determination letter.

The revised application forms may be obtained from IRS distribution centers by calling 1-800-TAX-FORM. Application forms having revision dates before January 1, 1996, may be used until October 1, 1996. The applicable revision dates follow:

second field, and no other modifications are made. 2. The application forms are word-forword identical to the revised IRS form. However, references regarding the need to file a second copy of page 1 in red ink may be deleted. Schedule Q must include the pointers next to certain entries in the right hand column of the schedule.

Persons using IRS software to generate Form 5307 may continue to use that program until further notice.

Income Taxes; Information and Backup Withholding Hearing

Announcement 96–54

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on proposed rulemaking.

SUMMARY: This document provides notice of a public hearing on proposed regulations relating, in part, to information reporting and backup withholding under the Interest and Dividend Tax Compliance Act of 1983, as well as, incorporate changes to the applicable tax law made by the Interest and Dividend Tax Compliance Act of 1983, the Tax Reform Act of 1984, and the Tax Reform Act of 1986.

DATES: The public hearing will be held on Wednesday, July 24, 1996, beginning at 10:00 a.m. Requests to speak and outlines of oral comments must be received by Wednesday, July 3, 1996.

ADDRESSES: The public hearing will be held in the Auditorium of the Internal Revenue Building, 1111 Constitution Avenue, N.W., Washington, D.C. 20044. Requests to speak and outlines of oral comments should be mailed to the Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Attn: CC:DOM:CORP:R [IL–52–86], Room 5228, Washington, D.C. 20044.

FOR FURTHER INFORMATION CONTACT: Evangelista Lee of the Regulations Unit, Assistant Chief Counsel (Corporate), (202) 622-7190 (not a toll-free number).

Form Date

Form 5300 (Application for Determination for Employee Benefit Plan) 1/96
Form 5303 (Application for Determination for Collectively Bargained Plan) 1/96
Form 5307 (Application for Determination for Adopters of Master or Prototype, Regional Prototype, or Volume Submitter Plans) 3/96
Form 5310 (Application for Determination for Terminating Plans) 1/96
Form 6406 (Short Form Application for Minor Amendment of Employee Benefit Plan) 1/96

Form

Revision

Persons having approval to computer generate the above forms need not request reapproval if:

The OCR data sheet is modified to reflect the new revision date in the

1996–26 I.R.B. 12

Accordingly, grantors and contributors may not, after this date, rely on previous rulings or designations in the Cumulative List of Organizations (Publication 78), or on the presumption arising from the filing of notices under section 508(b) of the Code. This listing does not indicate that the organizations have lost their status as organizations described in section 501(c)(3), eligible to receive deductible contributions.

Former Public Charities. The following organizations (which have been treated as organizations that are not private foundations described in section 509(a) of the Code) are now classified as private foundations:

Coalition, New York, NY Kiddie Keepers of Louisville Inc.,

Louisville, KY Kids-At-Risk, Inc., Louisville, KY Mal Whitfield Foundation,

Essex Properties Urban Renewal

Associates Inc., S Orange, NJ Foreman Enterprises Inc., Ridgely,

Sergents Way Inc., Frederick, MD Sims Humanities Arts and Sciences

Charity, Inc., Melville, NY Single Black Mothers Education

MD Foundation of the Williamsport

Lycoming Chamber, Williamsport, PA Frederick County Revolving Loan

Fund Inc., Frederick, MD Habersham County Humane Society,

Fund, Washington, DC Society for Handicapped Children

Dialogue, Wallingford, PA South Central Pennsylvania Housing

Development Foundation, Harrisburg, PA Spanish Peaks Regional Institute for

Inc., Silver Spring, MD Society for Interreligious Intercultural

Inc., Clarksville, GA Herbert L. Brooks Housing

Development Fund Company Inc., Bronx, NY Howard Prince and the Music

Mental Health, Inc., Pueblo, CO Stephen C Tausz Memorial

Foundation, Greenwich, CT Sumter Schools Enhancement

Prevention, Nashville, TN Tennessee Committee of the National

Accessible Housing Association Inc.,

Foundation, Inc., Bushnell, FL Tennessee Association of Suicide

Philadelphia, PA A-CLUTCH Inc., Tuckerman, AR African Culture Center, Inc.,

Montgomery, AL Arts Council of Central Virginia Inc.,

Mitchellville, MD National Alliance of African

American Health Care Professions, Washington, DC National Family Center Inc., Los

Museum of Women in the Arts, Knoxville, TN Tennessee Pharmacists Research and

Lynchburg, VA Assoc. of Government Accountants,

Angeles, CA Netanya Foundation, Inc., River

Woodbridge, VA Bala Cynwyo Symphony Orchestra

Association, Bala Cynwyo, PA Betterway Foundation, Elyria, OH Brothers Keeper, Inc., Gary, IN Care and Kindness Mission Inc.,

Education Foundation, Nashville, TN Tennessee Soccer Development

Association Inc., Knoxville, TN Tennessee Youth Chorale Inc.,

Restoration Center Inc., Decatur, GA Together Forever Ministries Inc.,

Arlington, VA CCA Alumni Association, Limerick,

Edge, NJ 107-109 Avenue D Housing Development Fund Corporation, New York, NY Partners in International Development

Inc., Washington, DC Penn-North Plaza Inc., Baltimore,

Pulaski, TN Thin White Line Relapse and

PA Central Bucks East Band Parents

Assoc., Buckingham, PA Central Upper Peninsula Food Bank,

MD Philip N. Johnson Scholarship,

Berryville, AR Town Hall Television of North

Carolina Inc., Raleigh, NC Triangle Foundation, Little Rock, AR Triangle Orthopedic Study Group,

Durham, NC Troup County Community and

Inc., Ishpeming, MI C G Jung Foundation of the

Delaware Valley, Philadelphia, PA Civil War Round Table of Cape May

Higganum, CT Plum Emergency Medical Services

Inc., Pittsburgh, PA Pregnancy Care Center of Madison

County Inc., London, OH Public Recycling Officials of

County Inc., Wildwood, NJ Cleveland House Inc., N Brunswick,

NJ Community Solidarity of Hagerstown

Pennsylvania, Kittanning, PA Puerto Rico Community Network for

Clinical Research on AIDS, San Juan, PR PWA Settlement Project of Delaware

OH Turkish American Ophthalmic Society

Agricultural Center Inc., Lagrange, GA Troy Literacy Council, Inc., Troy,

Inc., Atlanta, GA Uncle Dave Macon Days,

Inc., Hagerstown, MD Cranbury Association for Children

Inc., Cranbury, NJ Crozer Chester Medical Center

Arboretum, Upland, PA Daytop Village of Florida, Inc., New

Inc., Rickland, DE Red Clay Music Boosters

Association, Newark, DE Roanoke Educational Assistance

Foundation, Roanoke, VA Rotary Club of Wilmington

Murphreesboro, TN UNICOI County Heritage Players,

Erwin, TN UNICOI County Historical Society,

York, NY Discoveryville Childrens Museum,

Herndon, VA Dreamquests Inc., St Croix, VI E C O P Inc., Philadelphia, PA Elderly Care Inc., Baltimore, MD Englewood Partners in Public

Secaucus, NJ

Educational Foundation, Wilmington, DE Scan of Northern Virginia Inc.,

Erwin, TN United Way of Cocke County,

Newport, TN Universal Humanities Inc., Atlanta,

GA University John Hope Community

Coalition Inc., Atlanta, GA

Education Inc., Englewood, NJ

Alexandria, VA Secaucus Lions Charities Inc.,

13 1996–26 I.R.B.

Vanishing Black Male Inc., The, Norcross, GA Visions for Sumter Seeing Through Young Eyes Inc., Americus, GA Volunteer Center of Lincoln County, Taft, TN Wallace Ministries International Inc., Riverdale, GA Wee Care Express Inc., The, Atlanta, GA WESLEY Housing Corporation of Central Arkansas Inc., Batesville, AR West Polk County Volunteer Support Committee Inc., Benton, TN

Western North Carolina Recovery

If an organization listed above submits information that warrants the renewal of its classification as a public charity or as a private operating foun

Center Inc., Asheville, NC Whitfield Improvement Committee,

York, AL World Christian Training Center,

Charlotte, NC World Council of Young People Inc.,

Perry, GA Worlds of Wonder Inc., Nashville, TN

dation, the Internal Revenue Service will issue a ruling or determination letter with the revised classification as to foundation status. Grantors and contributors may thereafter rely upon such ruling or determination letter as provided in section 1.509(a)–7 of the Income Tax Regulations. It is not the practice of the Service to announce such revised classification of foundation status in the Internal Revenue Bulletin.

1996–26 I.R.B. 14