SECTION 2. BACKGROUND

.01 Upon issuance of the President’s declaration of a Major Disaster, the Federal Emergency Management Agency (FEMA) may designate particular cities, counties, or other local jurisdictions covered by the declaration as eligible for Individual Assistance, Public Assistance, or both. ¹ With respect to some previous Presidential declarations of Major Disasters, the Internal Revenue Service (Service) issued notices providing relief from certain requirements under §§ 42 and 142(d) to facilitate emergency housing relief for Displaced Individuals without regard to the income of those Displaced Individuals. ²

.02 Under § 1.42–13(a) of the Income Tax Regulations, the Secretary may provide guidance to carry out the purposes of

§ 42 through various publications in the Internal Revenue Bulletin.