[Code of Federal Regulations]
[Title 26, Volume 2]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.103(n)-6T]

[Page 430]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.103(n)-6T  Determinations of population (temporary).

    Q-1: What is the proper method for determining population?
    A-1: All determinations of population must be made with respect to 
any calendar year on the basis of the most recent census estimate 
(whether final or provisional) of the resident population of the State 
or other governmental unit published by the Bureau of the Census in the 
``Current Population Reports'' series before the beginning of the 
calendar year.
    However, determinations of the population of a general purpose 
governmental unit (other than a State, territory, or possession) within 
a State, territory, or possession may not be based on estimates that do 
not contain estimates for all of the general purpose governmental units 
within such State, territory, or possession. Thus, a county may not 
determine its population on the basis of a census estimate that does not 
provide an estimate of the population of the other general purpose 
governmental units within the State (e.g., cities, towns). If no census 
estimate is available for all such general purpose governmental units, 
the most recent decennial census of population may be relied on.
    Example: The following example illustrates the provisions of A-1 of 
this Sec. 1.103(n)-6T:

    Example. County Q is located within State R. There are no 
constitutional home rule cities in State R. State R has not adopted a 
formula for allocating the State ceiling different from the formula 
provided in section 103(n) (2) and (3). The geographical area within the 
jurisdiction of County Q is not within the jurisdiction of any other 
governmental unit having jurisdiction over a smaller geographical area. 
As of December 31, 1984, the Bureau of the Census has published the 
following estimates of resident population: ``Current Population 
Reports; Series P-25: Population Estimates and Projections, Estimates of 
the Population of States: July 1, 1981-1983'' and ``Current Population 
Reports; Series P-26: Local Population Estimates: Population of State R, 
Counties, Incorporated Places, and Minor Civil Divisions: July 1, 1981-
1982.'' The most recent population estimate for State R available prior 
to 1985 provides population estimates as of July 1, 1983. The most 
recent population extimates for County Q available prior to 1985 is the 
estimate for July 1, 1982. Assuming that the State ceiling for State R 
for 1985 is in excess of $200 million (i.e., $150 multiplied by the 
estimated population of State R as of July 1, 1983, exceeds $200 
million), County Q may determine its private activity bond limit by 
using the following formula:

P = $150x.5xWxY/Z, where,

P = County Q's private activity bond limit,
W = the July 1, 1983, population estimate for State R,
Y = the July 1, 1982, population estimate for County Q, and
Z = the July 1, 1982, population estimate for State R.


If the State ceiling for State R is not in excess of $200 million, 
County Q may determine its private activity bond limit by using the 
following formula:

P = $200,000,000x.5xY/Z, where
P, Y, and Z have the same meaning as above.

(Secs. 103(n) and 7805 of the Internal Revenue Code of 1954 (98 Stat. 
916, 26 U.S.C.103(n); 68A Stat. 917, 26 U.S.C. 7805))

[T.D. 7981, 49 FR 39326, Oct. 5, 1984]

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