Federal rates; adjusted federal rates; adjusted federal long-term rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for June 2010.

Final regulations under section 274 of the Code add clearly marked public safety officer vehicles as a new type of qualified nonpersonal use vehicle.

This notice announces the phase-out of the new qualified hybrid motor vehicle credit and the new advanced lean burn technology motor vehicle credit for passenger automobiles and light trucks manufactured by Volkswagen Group of America that are purchased for use or lease in the United States beginning on July 1, 2010.

2011 inflation adjusted amounts for health savings accounts. This procedure provides the 2011 inflation adjusted amounts for Health Savings Accounts (HSAs) under section 223 of the Code.

This notice establishes the qualifying therapeutic discovery project program under section 48D of the Code. Section 9023(a) of the Patient Protection and Affordable Care Act (the Act) added section 48D to the Code as part of the investment credit under section 46. Section 48D provides a nonrefundable tax credit equal to 50 percent of an eligible taxpayer’s qualified investment in a qualifying therapeutic discovery project. Under section 9023(e) of the Act, an eligible taxpayer may elect to receive a grant in lieu of credits. Section 48D(d)(1)(B) limits the total amount of credits or grants to be allocated under the program to $1 billion during the two-year period from 2009 through 2010. The Service, in consultation with the Department of Health and Human Services, will award certifications for qualified investments. The credits or grants will only be available to taxpayers having 250 or fewer full-time and part-time employees.