SECTION 4. INFORMATION

REPORTING

4.01. Information Reporting for Gulf Opportunity Zone Bonds

In order to satisfy the information reporting requirement of § 149(e) with respect to Gulf Opportunity Zone Bonds issued pursuant to § 1400N(a), in addition to completing the Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues, in accordance with the instructions, issuers should: (1) write or type “Filed in Accordance with Notice 2006–41

• Gulf Opportunity Zone Bonds” at the top of the Form 8038; (2) complete Part II of the Form 8038 by checking the box on Line 11(m)(other) for exempt facility bonds or Line 20 for qualified mortgage bonds, writing “Gulf Opportunity Zone Bonds” in the space provided for the bond description, and entering the amount of the bonds in the Issue Price column; and (3) attach a copy of the document used by the Governor or the State Bond Commissioner to designate the bonds as Gulf Opportunity Zone Bonds.

4.02. Information Reporting for Gulf Zone Advance Refunding Bonds

In order to satisfy the information reporting requirement of § 149(e) with respect to Gulf Opportunity Zone Advance Refunding Bonds issued pursuant to § 1400N(b), in addition to completing either the Form 8038, Information Return for Tax-Exempt Private Activity Bond Is- sues, Form 8038–G, Information Return for Tax-Exempt Governmental Obliga- tions, or Form 8038–GC, Information Return for Small Tax-Exempt Governmen- tal Bond Issues, Leases, and Installment Sales, as appropriate, in accordance with the instructions for refunding bonds, issuers should (1) write or type “Filed in Accordance with Notice 2006–41 — Gulf Opportunity Zone Advance Refunding Bonds” at the top of the Form 8038, 8038–G or 8038–GC and (2) attach a copy of the document used by the Governor to designate the bonds as Gulf Opportunity Zone Advance Refunding Bonds.

4.03. Information Reporting for Gulf Tax Credit Bonds

Section 1400N(l)(7)(D) requires issuers of Gulf Tax Credit Bonds to submit reports similar to the reports required under § 149(e) for tax-exempt State or local bonds. In order to satisfy this requirement, in addition to completing the Form 8038–G, Information Return for Tax-Ex- empt Governmental Obligations, in accordance with the instructions, issuers should: (1) write or type “Filed in Accordance with Notice 2006–41 - Gulf Tax Credit Bonds” at the top of the Form 8038–G; (2) complete Part II of Form 8038–G by checking the box on Line 18 (Other), writing “Gulf Tax Credit Bonds” in the space provided for the bond description, and entering the amount of the bonds in the Issue Price column; and (3) attach a copy of the document used by the Governor to designate the bonds as Gulf Tax Credit Bonds.