Rev. Proc. 84-55

SECTION 1. BACKGROUND

Rev. Proc. 84-22, 1984-13 I.R.B. 18, sets forth areas in which advance rulings or determination letters will not be issued by the Internal Revenue Service. Section 5 of Rev. Proc. 84-22 is entitled Areas Under Extensive Study in Which Rulings or Determination Letters Will Not be Issued Until the Service Resolves the Issue Through Publication of a Revenue Ruling, Revenue Procedure, Regulations or Otherwise.

SECTION 2. PROCEDURE

Rev. Proc. 84-22 is amplified to include the following under section 5:

Section 103.-Interest on Certain Governmental Obligations:

With respect to requests made pursuant to Rev. Proc. 84-49, 1984-23 I.R.B. 55, whether bonds issued to provide owner-occupied mobile homes (not permanently fixed to real property) are exempt from federal income tax under section 103(a) of the Code.

SECTION 3. EFFECTIVE DATE

This revenue procedure will apply to all ruling requests on hand in the National Office on July 2, 1984, the date of publication of this revenue procedure in the Internal Revenue Bulletin, as well as to requests received thereafter.

SECTION 4. EFFECT ON OTHER REVENUE PROCEDURES

Rev. Proc. 84-22 is amplified.