Bulletin No. 2004-9 March 1, 2004

Notice 2004–16, page 527. This notice provides relief from the application of the information reporting rules set forth in Rev. Rul. 2003–43, 2003–1 C.B. 935, with respect to payments for medical care under health flexible spending arrangements and health reimbursement arrangement.

Rev. Proc. 2004–12, page 528. This procedure provides guidance on how a state elects a health program to be qualified health insurance for purposes of the health coverage tax credit (HCTC) under section 35 of the Code.

Rev. Proc. 2004–18, page 529. This procedure provides issuers of qualified mortgage bonds and qualified mortgage credit certificates with average area purchase price safe-harbors for statistical areas in the United States and with a nationwide average purchase price for residences in the United States for purposes of the mortgage revenue bond rules under section 143 of the Code (and the mortgage credit certificate rules under section 25). Rev. Procs. 87–19, 93–15, and 94–55 obsoleted in part.

Announcement 2004–13, page 543. This document contains a notice of a public hearing on proposed regulations (REG–163974–02, 2003–38 I.R.B. 595), which propose removing provisions of the regulations that apply a look-through rule to assets of a nonregistered partnership for purposes of satisfying the diversification requirements of section 817(h).

(Continued on the next page)