SECTION 12. SECTION 403(B)

PLANS

.01 SBJPA also made certain changes that may require the amendment of taxsheltered annuity plans described in § 403(b) or annuity contracts purchased under these plans. The provisions of § 1465 of SBJPA apply with respect to any plan or annuity contract that is required to be amended by any provision of subtitle D of SBJPA. Section 1465 thus applies not only to qualified plans but also to § 403(b) plans and annuity contracts purchased under these plans. Therefore, if a provision of subtitle D of SBJPA requires an amendment to a § 403(b) plan or an annuity contract purchased under the plan, the amendment will not be required

August 18, 1997 56 1997–33 I.R.B.

please contact the Employee Plans Division’s taxpayer assistance telephone service between the hours of 1:30 p.m. and 4 p.m. Eastern Time, Monday through Thursday, by calling (202) 6226074/6075, or Mr. Flannery on (202) 6226214. (These telephone numbers are not toll-free numbers.)

26 CFR 601.105: Examination of returns and claims for refund, credit, or abatement; determina- tion of correct tax liability.

(Also Part I, § 42; 1.42–14.)

Rev. Proc. 97–42