SECTION 19. DRAFTING

INFORMATION

The principal author of this notice is Timothy L. Jones of the Office of Associate Chief Counsel (Financial Institutions and Products). However, other personnel from the IRS and the Department of the Treasury participated in its development. For further information regarding this notice, please contact Mr. Jones at (202) 622–3980 (not a toll-free number).

transfer of each portion of land as provided in the contract (taking extensions under Section 13(3) of this notice into account), the applicant must certify that the property to which that deadline applies has been properly transferred; and, in the case of the last such deadline, the filing must include a certification that at least one-half of all the land acquired has been conveyed to the USFS at no net cost to the United States and that the remainder of the land acquired has been retained by the applicant if the applicant is a State or has been transferred to one or more States, if the applicant is not a State. All such certifications must contain detailed information and documents sufficient to demonstrate that compliance. The last such filing must contain a certification by the USFS that the applicant has fulfilled its contractual obligations and has conveyed at least one half of the land acquired to the USFS at no cost to the United States. The IRS may request the USFS to provide it corroboration of any certification of an applicant made pursuant to this section.