HIGHLIGHTS OF THIS ISSUE

These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.

INCOME TAX

P.L. 104–193, page 4. An Act to provide for reconciliation pursuant to section 201(a)(1) of the concurrent resolution on the budget for fiscal year 1997.

EXEMPT ORGANIZATIONS

Announcement 96–118, page 12. A list is given of organizations now classified as private foundations.

ADMINISTRATIVE

Announcement 96–116, page 12. Under section 51 of the Code, the Service will allow

Finding Lists begin on page 17. Announcements of Disbarments and Suspensions begin on page 14.