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Directory Results for Revenue Procedure 1996-45 - Insurance companies; discounting estimated salvage recoverable.. Insurance companies; discounting estimated salvage recoverable. The salvage discount factors are set forth for the 1996 accident year. These to Revenue Procedure 1996-46 - Low-income Housing Tax Credit.. This procedure publishes the amounts of unused housing credit carryovers allocated to qualified states under section 42(h)(3)(D) of the Code for calendar year 1996.