Part III. Administrative, Procedural, and Miscellaneous

ume Cap for calendar year 2003 is the greater of $75 multiplied by the State population (see the resident population figures provided below) or $228,580,000.

The proper population figures for calculating the Credit Ceiling, the Volume Cap, and the Volume Limit for the 2003 calendar year are the estimates of the resident population of the 50 states, the District of Columbia, and Puerto Rico released by the Bureau of the Census on December 20, 2002, in Press Release CB02–168. The proper population figures for calculating the Credit Ceiling, the Volume Cap, and the Volume Limit for the 2003 calendar year for the insular areas (American Samoa, Guam, Northern Mariana Islands, and U.S. Virgin Islands) are the figures released by the Bureau of the Census on July 3, 2001, in press release CB01–CN.1. For convenience, these estimates are reprinted below.

2003 Calendar Year Resident Population Estimates

Notice 2003–16

This notice informs (1) state and local housing credit agencies that allocate lowincome housing tax credits under § 42 of the Internal Revenue Code and (2) states and other issuers of tax-exempt private activity bonds under § 141, of the proper population figures to be used for calculating the 2003 calendar year populationbased component of the state housing credit ceiling (Credit Ceiling) under § 42(h)(3)(C)(ii), the 2003 calendar year volume cap (Volume Cap) under § 146, and the 2003 volume limit (Volume Limit) under § 142(k)(5).

The population figures both for the population-based component of the Credit Ceiling and for the Volume Cap are determined by reference to § 146(j). That section provides generally that determinations

of population for any calendar year are made on the basis of the most recent census estimate of the resident population of a state (or issuing authority) released by the Bureau of the Census before the beginning of such calendar year. Section 142(k)(5) provides that the Volume Limit is based on the State population.

The population-based component of the Credit Ceiling and the Volume Cap are adjusted for inflation pursuant to §§ 42(h)(3)(H) and 146(d)(2), respectively. The adjustments for the 2003 calendar year were published in Rev. Proc. 2002–70, 2002–46 I.R.B. 845. Section 3.07 of Rev. Proc. 2002–70 provides that, for calendar years beginning in 2003, the amounts used under § 42(h)(3)(C)(ii) to calculate the Credit Ceiling is the greater of $1.75 multiplied by the State population (see the resident population figures provided below) or $2,030,000. Further, section 3.14 of Rev. Proc. 2002–70 provides that the amounts used under § 146(d)(1) to calculate the Vol

Resident Population Figures

Alabama 4,486,508 Alaska 643,786 American Samoa 57,291 Arizona 5,456,453 Arkansas 2,710,079

California 35,116,033 Colorado 4,506,542 Connecticut 3,460,503

Delaware 807,385 D.C. 570,898

Florida 16,713,149

Georgia 8,560,310 Guam 154,805

Hawaii 1,244,898

Idaho 1,341,131 Illinois 12,600,620 Indiana 6,159,068 Iowa 2,936,760

2003–10 I.R.B. 575 March 10, 2003

Resident Population Figures Kansas 2,715,884 Kentucky 4,092,891

Louisiana 4,482,646

Maine 1,294,464 Maryland 5,458,137 Massachusetts 6,427,801 Michigan 10,050,446 Minnesota 5,019,720 Mississippi 2,871,782 Missouri 5,672,579 Montana 909,453

Nebraska 1,729,180 Nevada 2,173,491 New Hampshire 1,275,056 New Jersey 8,590,300 New Mexico 1,855,059 New York 19,157,532 North Carolina 8,320,146 North Dakota 634,110 Northern Mariana Islands 69,221

Ohio 11,421,267 Oklahoma 3,493,714 Oregon 3,521,515

Pennsylvania 12,335,091 Puerto Rico 3,858,806

Rhode Island 1,069,725

South Carolina 4,107,183 South Dakota 761,063

Tennessee 5,797,289 Texas 21,779,893

U.S. Virgin Islands 108,612 Utah 2,316,256

Vermont 616,592 Virginia 7,293,542

Washington 6,068,996 West Virginia 1,801,873 Wisconsin 5,441,196 Wyoming 498,703

March 10, 2003 576 2003–10 I.R.B.

in the home of the family day care provider that is (1) non-medical, (2) does not involve a transfer of legal custody, and (3) generally lasts for less than 24 hours each day.

.03 Eligible Children. Except as otherwise provided in this section, eligible children are unemancipated minors receiving family day care in the home of the family day care provider. Eligible children do not include children who are full-time or part-time residents in the home in which the child care is provided or children whose parent(s) or guardian(s) are residents of the same home. For example, a family day care provider’s own children, and any children who live in the family day care provider’s home on a full or part-time basis, are not eligible children even if they receive day care services from the family day care provider. Eligible children do not include children who receive day care services for personal reasons of the family day care provider. For example, if a family day care provider provides day care services for the provider’s sister’s child as a favor to the sister, that child is not an eligible child within the meaning of this revenue procedure.