SECTION 8. EFFECTIVE DATE

This revenue procedure is effective July 19, 1996, and applies to state or local bonds described in section 4.01 of this revenue procedure.

DRAFTING INFORMATION

The principal author of this revenue procedure is Loretta J. Finger of the Office of Assistant Chief Counsel (Financial Institutions and Products). For further information regarding this revenue procedure contact Loretta J. Finger on (202) 622–3980 (not a toll-free call).

CAMERA COPY HERE

12

CAMERA COPY HERE

13

(n) Form 5498 Individual Retirement

Arrangement Information; and (o) Form 1096 Annual Summary and

Transmittal of U.S. Information Returns.

26 CFR 601.602: Forms and instructions. (Also Part I, Sections 408, 6041, 6041A, 6042, 6043, 6044, 6045, 6047, 6049, 6050A, 6050B, 6050D, 6050E, 6050H, 6050J, 6050N, 6050P; 1.408–5, 1.408–7, 1.6041–1, 7.6041–1, 1.6042–2, 1.6042–4, 1.6044–2, 1.6044–5, 1.6045–1, 5f.6045–1, 1.6045–2, 1.6045–4, 1.6047–1, 1.6049–4, 1.6049–6, 1.6049–7, 1.6050A–1, 1.6050B–1, 1.6050D–1, 1.6050E–1, 1.6050H–1, 1.6050H–2, 1.6050J–1T, 1.6050N–1, 1.6050P–1)

Rev. Proc. 96–42

CONTENTS

PART A. GENERAL