Part III. Administrative, Procedural, and Miscellaneous

Agreements Act, Pub. L. 103–465 (GAT T ) .

The average yield on the 30-year Tr e asury Constant Maturities for September 1997 is 6.50 percent. The following rates were determined for the plan years beginning in the month shown below.

Weighted Average Interest Rate Update

Notice 97–56

Notice 88–73 provides guidelines for determining the weighted average interest

rate and the resulting permissible range of interest rates used to calculate current liability for the purpose of the full funding limitation of § 412(c)(7) of the Internal Revenue Code as amended by the Omnibus Budget Reconciliation Act of 1987 and as further amended by the Uruguay Round

90% to 107% 90% to 110% Weighted Permissible Permissible Month Year Average Range Range

October 1997 6.83 6.14 to 7.30 6.14 to 7.51

nonbank trustee for Education IRAs, contact Mr. Gibbs at (202) 622-6030 (not a toll-free call).

26 CFR 601.105: Examination of returns and claims for refund, credit or abatement; determination of correct tax liability. (Also Part I, § 1362; 1.1362–6.)

Rev. Proc. 97–48