[December 9, 2002 (Volume 67, Number 236)] [Unified Agenda] From the Federal Register Online via GPO Access [frwais.access.gpo.gov] [Page 74991-75111] Department of the Treasury [[Page 74991]] ----------------------------------------------------------------------- Part XV ----------------------------------------------------------------------- Semiannual Regulatory Agenda [[Page 74992]] DEPARTMENT OF THE TREASURY (TREAS) _______________________________________________________________________ DEPARTMENT OF THE TREASURY 31 CFR Subtitle A, Chs. I and II Semiannual Agenda and Fiscal Year 2003 Regulatory Plan AGENCY: Department of the Treasury. ACTION: Semiannual regulatory agenda and fiscal year 2003 regulatory plan. _______________________________________________________________________ SUMMARY: This notice is given pursuant to the requirements of the Regulatory Flexibility Act (Pub. L. 96-354, September 19, 1980) and Executive Order (E.O.) 12866 (``Regulatory Planning and Review,'' September 30, 1993), which require the publication by the Department of a semiannual agenda of regulations. E.O. 12866 also requires the publication by the Department of a regulatory plan for fiscal year 2003. FOR FURTHER INFORMATION CONTACT: For additional information about a specific entry in the agenda or plan, contact the ``Agency Contact'' identified in the agenda item relating to that regulation. SUPPLEMENTARY INFORMATION: The semiannual agenda and The Regulatory Plan of the Department of the Treasury conform to the Unified Agenda format developed by the Regulatory Information Service Center (RISC). For this edition of Treasury's regulatory agenda, the most important significant regulatory actions are included in The Regulatory Plan, which appears in part II of this issue of the Federal Register. The Regulatory Plan entries are listed in the table of contents below and are denoted by a bracketed bold reference, which directs the reader to the appropriate sequence number in part II. Dated: October 3, 2002. Richard S. Carro, Senior Advisor to the General Counsel (Regulatory Affairs). Departmental Offices--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2459 17 CFR 403.4 Amendments to the Government Securities Act Regulations: Customer 1505-AA94 Protection-Reserves and Custody of Securities....................................... ---------------------------------------------------------------------------------------------------------------- Departmental Offices--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2460 17 CFR 420 Amendments to the Large Position Rules................................... 1505-AA88 2461 48 CFR ch 10 Department of the Treasury Acquisition Regulation...................... 1505-AA89 2462 31 CFR 5 Treasury Debt Collection................................................... 1505-AA90 2463 12 CFR 1806 Bank Enterprise Award (BEA) Program..................................... 1505-AA91 2464 12 CFR 1805 Community Development Financial Institutions (CDFI) Program............. 1505-AA92 2465 12 CFR 1805 Community Development Financial Institutions (CDFI) Program NPRM........ 1505-AA93 ---------------------------------------------------------------------------------------------------------------- Departmental Offices--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2466 31 CFR ch II Possible Regulation of Access to Accounts at Financial Institutions 1505-AA74 Through Payment Service Providers................................................... 2467 Financial Activities of Financial Subsidiaries...................................... 1505-AA80 2468 Financial Subsidiaries.............................................................. 1505-AA81 2469 12 CFR 1501.2 Secretary's Determination of Real Estate Brokerage.................... 1505-AA84 2470 12 CFR 1501.2 Secretary's Determination of Other Activities Financial in Nature..... 1505-AA85 2471 31 CFR 19 Common Rule Suspension and Debarment...................................... 1505-AA86 ---------------------------------------------------------------------------------------------------------------- Departmental Offices--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2472 31 CFR 104 Counter Money Laundering Requirements--Correspondent Accounts; Foreign 1505-AA87 Shell Banks......................................................................... ---------------------------------------------------------------------------------------------------------------- [[Page 74993]] Financial Crimes Enforcement Network--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2473 31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Delegation of Authority to 1506-AA08 Assess Civil Money Penalties on Depository Institutions............................. 2474 31 CFR 103.65 Amendments to the Bank Secrecy Act Regulations--Requirement that 1506-AA28 Financial Institutions Establish Anti-Money Laundering Programs..................... 2475 31 CFR 103.20 Financial Crimes Enforcement Network; Amendment to the Bank Secrecy 1506-AA34 Act Regulations--Requirement that Currency Exchangers Report Suspicious Transactions 2476 31 CFR 103.16 Financial Crimes Enforcement Network; Amendment to the Bank Secrecy 1506-AA36 Act Regulations Requirement that Insurance Companies Report Suspicious Transactions. ---------------------------------------------------------------------------------------------------------------- Financial Crimes Enforcement Network--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2477 31 CFR 103 Amendment to the Bank Secrecy Act Regulations Regarding Reporting of 1506-AA15 Cross-Border Transportation of Certain Monetary Instruments......................... 2478 31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Exemptions from the 1506-AA23 Requirement to Report Transactions in Currency...................................... 2479 31 CFR 103.30 Amendment to the Bank Secrecy Act Regulations--Requirement that 1506-AA25 Nonfinancial Trades or Businesses Report Certain Currency Transactions.............. 2480 31 CFR 103.175-103.178 Due Diligence Requirements for Correspondent Accounts and 1506-AA29 Private Banking Accounts............................................................ 2481 31 CFR 103.121 Customer Identification Programs for Banks, Savings Associations, and 1506-AA31 Credit Unions....................................................................... 2482 31 CFR 103.122 Customer Identification Program for Broker-Dealers................... 1506-AA32 2483 31 CFR 103.131 Customer Identification Program for Mutual Funds..................... 1506-AA33 ---------------------------------------------------------------------------------------------------------------- Financial Crimes Enforcement Network--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2484 31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Special Reporting and 1506-AA19 Recordkeeping Requirements--Money Services Businesses (MSBs)........................ ---------------------------------------------------------------------------------------------------------------- Financial Crimes Enforcement Network--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2485 31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity 1506-AA21 Reporting--Broker/Dealers........................................................... 2486 31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity 1506-AA22 Reporting--Casinos.................................................................. 2487 31 CFR 103.90 Financial Crimes Enforcement Network; Special Information Sharing 1506-AA27 Procedures to Deter Money Laundering and Terrorist Activity......................... 2488 Notice of Withdrawal of Exemption................................................... 1506-AA30 2489 31 CFR 104 Counter Money Laundering Requirements--Correspondent Accounts; Foreign 1506-AA35 Shell Banks......................................................................... ---------------------------------------------------------------------------------------------------------------- Financial Management Service--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2490 31 CFR 240 Indorsement and Payment of Checks Drawn on the United States Treasury.... 1510-AA45 2491 31 CFR 245 Claims on Account of Treasury Checks..................................... 1510-AA51 2492 31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program........... 1510-AA79 2493 31 CFR 206 Management of Federal Agency Receipts and Disbursements; Operation of the 1510-AA86 Cash Management Improvement Fund.................................................... [[Page 74994]] 2494 31 CFR 215 Withholding of District of Columbia, State, City and County Income or 1510-AA90 Employment Taxes by Federal Agencies................................................ ---------------------------------------------------------------------------------------------------------------- Financial Management Service--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2495 31 CFR 281 Foreign Exchange Operations.............................................. 1510-AA48 2496 31 CFR 256 Payments Under Judgment and Private Relief Acts.......................... 1510-AA52 2497 31 CFR 285.5 Offset of Federal Payments (Other Than Tax Refund and Federal Benefit 1510-AA65 Payments) To Collect Past-Due, Legally Enforceable Nontax Debt...................... 2498 31 CFR 285.7 Salary Offset.......................................................... 1510-AA70 2499 31 CFR 285.8 Offset of Tax Refund Payment To Collect State Income Tax Obligations... 1510-AA78 2500 31 CFR 210 2003 ACH Rules........................................................... 1510-AA89 ---------------------------------------------------------------------------------------------------------------- Financial Management Service--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2501 31 CFR 285.6 Offset of Federal Payments (Other Than Tax Refund and Federal Benefit 1510-AA66 Payments) To Collect Past-Due Debts Owed to States (Other Than Child Support)....... 2502 31 CFR 285.14 Public Dissemination of Identity of Delinquent Debtors................ 1510-AA72 2503 31 CFR 223 Surety Bond Reimbursement Fund........................................... 1510-AA85 ---------------------------------------------------------------------------------------------------------------- Financial Management Service--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2504 31 CFR 205 Rules and Procedures for Efficient Federal-State Funds Transfers......... 1510-AA38 ---------------------------------------------------------------------------------------------------------------- Bureau of Alcohol, Tobacco and Firearms--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2505 27 CFR 252 Exportation of Liquors................................................... 1512-AA98 2506 27 CFR 7 Revision of Brewery Regulations and Issuance of Regulations for Taverns on 1512-AB37 Brewery Premises (Brewpubs) (Reg Plan Seq No. 112).................................. 2507 27 CFR 4 Prohibition of Alcohol Beverage Containers and Standard of Fill for 1512-AB89 Distilled Spirits and Wine.......................................................... 2508 27 CFR 4 Amended Standard of Identity for Sherry.................................... 1512-AB96 2509 27 CFR 7 Flavored Malt Beverages.................................................... 1512-AC11 2510 27 CFR 16 Alcohol Beverage Health Warning Statement................................. 1512-AC12 2511 27 CFR 24 Production of Dried Fruit and Honey Wines................................. 1512-AC48 2512 27 CFR 9 Petition to Establish the Santa Barbara Highlands Viticultural Area........ 1512-AC53 2513 27 CFR 9 Proposed San Bernabe Viticultural Area..................................... 1512-AC60 2514 27 CFR 9 Petition to Establish the Trinity Lake Viticultural Area................... 1512-AC62 2515 27 CFR 4 Correction of Technical Error in 27 CFR Part 4............................. 1512-AC63 2516 27 CFR 9 Petition to Establish Red Hills American Viticultural Area................. 1512-AC66 2517 27 CFR 9 Petition to Establish ``Seneca Lake'' as an American Viticultural Area..... 1512-AC70 2518 27 CFR 9 Petition to Establish ``Bennett Valley'' as an American Viticultural Area.. 1512-AC72 2519 27 CFR 9 Petition for the Establishment of ``Red Hill'' as an American Viticultural 1512-AC76 Area................................................................................ 2520 27 CFR 9 Petition to Change the Temecula Viticultural Area's Name to Temecula Valley 1512-AC77 [[Page 74995]] 2521 27 CFR 9 Petition to Establish ``Eola Hills'' as a New American Viticultural Area... 1512-AC78 2522 27 CFR 4 Proposed Addition of ``Moscato Greco'' as a Grape Variety Name for American 1512-AC79 Wines............................................................................... 2523 27 CFR 9 Petition to Establish ``Columbia Gorge'' as a New American Viticultural 1512-AC81 Area................................................................................ 2524 27 CFR 9 Petition to Establish ``Alexandria Lakes'' as a New American Viticultural 1512-AC85 Area................................................................................ 2525 27 CFR 9 Petition to Establish ``Red Hills of Dundee'' as a New American 1512-AC91 Viticultural Area................................................................... 2526 27 CFR 9 Petition to Establish ``Santa Maria Bench'' as a New American Viticultural 1512-AC93 Area................................................................................ 2527 27 CFR 9 Petition to Establish ``Grand Lake O' the Cherokees'' as a New American 1512-AC97 Viticultural Area................................................................... 2528 27 CFR 9 Petition to Establish ``Snake River Valley'' as a New Viticultural Area.... 1512-AC98 2529 27 CFR 9 Petition to Expand the Livermore Valley Viticultural Area.................. 1512-AC99 2530 27 CFR 9 San Francisco Bay and Central Coast Viticultural Areas--Boundary 1512-AD00 Realignment/Expansion............................................................... 2531 27 CFR 9 Petition to Establish ``Upper Arroyo Grande'' as a New American 1512-AD01 Viticultural Area................................................................... 2532 27 CFR 9 Petition to Establish ``Chehalem Mountains'' as a New American Viticultural 1512-AD02 Area................................................................................ 2533 27 CFR 9 Petition to Establish ``Ribbon Ridge'' as a New American Viticultural Area. 1512-AD03 2534 27 CFR 9 Petition to Establish ``Yamhill-Carlton District'' as a New American 1512-AD04 Viticultural Area................................................................... 2535 27 CFR 55 Commerce in Explosives (Including Explosives in the Fireworks Industry) 1512-AB48 (Rulemaking Resulting From a Section 610 Review) (Reg Plan Seq No. 113)............. 2536 27 CFR Part 55 Identification Markings Placed on Explosive Materials................ 1512-AC25 2537 27 CFR 55 Commerce in Explosives--Explosive Pest Control Devices.................... 1512-AC80 2538 27 CFR 178 Implementation of Public Law 105-277, Making Omnibus Consolidated and 1512-AB83 Emerg. Supplemental Appropriations for FY 1999, Relating to the Permanent Provisions of the Brady Handgun Violence Prevention Act........................................ 2539 27 CFR 178 Implementation of Public Law 105-277 Relating to Secure Gun Storage...... 1512-AC67 2540 Electronic Signatures; Electronic Submission of ATF Forms (2000R-458P).............. 1512-AC84 2541 27 CFR 270 Determination of Tax and Recordkeeping on Large Cigars................... 1512-AC22 2542 27 CFR 44 Regulatory Changes From Customs Service Final Rule (2001R-140T)........... 1512-AC56 2543 27 CFR 40 Shipments of Tobacco Products or Cigarette Papers or Tubes Without Payment 1512-AC57 of Tax.............................................................................. 2544 27 CFR 45 Removal of Tobacco Products and Cigarette Papers and Tubes Without Payment 1512-AC75 of Tax for Use of the United States................................................. 2545 27 CFR 40 Marks, Labels, Notices and Bonds for, and Removal of, Tobacco Products, 1512-AC90 and Cigarette Papers and Tubes...................................................... 2546 27 CFR 40 In-Transit Stops of Tobacco Products, and Cigarette Papers and Tubes, and 1512-AC95 Related Records, Without Payment of Tax............................................. ---------------------------------------------------------------------------------------------------------------- References in boldface appear in the Regulatory Plan in part II of this issue of the Federal Register. Bureau of Alcohol, Tobacco and Firearms--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2547 27 CFR 5 Labeling of Unaged Grape Brandy............................................ 1512-AB46 2548 27 CFR 19.11 Distilled Spirits Plant Regulatory Initiative Proposal................. 1512-AB58 2549 27 CFR 24.278 Implementation of Wine Credit Provisions of Public Law 104-188........ 1512-AB65 2550 27 CFR 24.66 Implementation of Public Law 105-34, Section 1416, Relating to Refund 1512-AB74 of Tax for Domestic Wine Returned to Bond Regardless of Merchantability (Taxpayer Relief Act of 1997)................................................................. 2551 27 CFR 4 Health Claims and Other Health Related Statements in the Labeling and 1512-AB97 Advertising of Alcohol Beverages.................................................... 2552 27 CFR 9 Petition to Propose ``Yadkin Valley'' as a New American Viticultural Area.. 1512-AC82 2553 27 CFR 4 Organic Claims in Labeling and Advertising of Alcohol Beverages............ 1512-AC87 2554 27 CFR 25 Brewery Forms............................................................. 1512-AC88 2555 27 CFR 9 Petition to Establish ``Oak Knoll District'' as a New American Viticultural 1512-AC89 Area................................................................................ 2556 27 CFR 178 Commerce in Firearms and Ammunition (Omnibus Consolidated Appropriations 1512-AB64 Act of 1997)........................................................................ 2557 27 CFR 178 Residency Requirement for Persons Acquiring Firearms..................... 1512-AB66 2558 27 CFR 55 Implementation of Public Law 104-208, the Omnibus Consolidated 1512-AB73 Appropriations Act of 1997, Relating to the Establishment of a National Repository for Arson and Explosives Information................................................ 2559 27 CFR 178 Public Law 105-277, Making Omnibus Consolidated and Emergency 1512-AB93 Supplemental Appropriations for FY99, Relating to Firearms Disabilities for Nonimmigrant Aliens................................................................. 2560 27 CFR 178 Commerce in Firearms and Ammunition--Annual Inventory.................... 1512-AC08 2561 27 CFR 7 Plain Language in Part 7................................................... 1512-AC10 2562 27 CFR 70 Delegation of Authority for Part 70....................................... 1512-AC74 [[Page 74996]] 2563 31 CFR 8 Eliminate Requirement to Enroll to Practice Before the Bureau.............. 1512-AC96 2564 27 CFR 275 Tobacco Products and Cigarette Papers and Tubes Shipped from Puerto Rico 1512-AC24 to the United States................................................................ 2565 27 CFR 41 Importation of Tobacco Products and Cigarette Papers and Tubes; 1512-AC46 Recodification of Regulations....................................................... ---------------------------------------------------------------------------------------------------------------- Bureau of Alcohol, Tobacco and Firearms--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2566 27 CFR 7 Alcoholic Content Labeling for Malt Beverages.............................. 1512-AB17 2567 Sake Regulations.................................................................... 1512-AC09 2568 27 CFR 4.32(d) Removal of Requirement to Disclose Saccharin in the Labeling of Wine, 1512-AC17 Distilled Spirits and Malt Beverages................................................ 2569 27 CFR 31 Liquor Dealers; Recodification of Regulations............................. 1512-AC45 2570 27 CFR 31 Delegation of Authority in 27 CFR Part 31................................. 1512-AC49 2571 27 CFR 19, subpart W Proposed Revisions of 27 CFR Part 19........................... 1512-AC52 2572 27 CFR 4 Proposal to Recognize Synonyms for Petite Sirah and Zinfandel Grape 1512-AC65 Varieties........................................................................... 2573 27 CFR 9 Petition to Establish ``Capay Valley'' as an American Viticultural Area.... 1512-AC71 2574 27 CFR 17 Taxpaid Distilled Spirits Used in Manufacturing Products Unfit for 1512-AC73 Beverage Use........................................................................ 2575 27 CFR 19 Delegation of Authority in 27 CFR Part 19................................. 1512-AC06 2576 27 CFR 47 Commerce in Firearms and Ammunition; Recodification of Regulations (2002R- 1512-AC68 013P)............................................................................... 2577 27 CFR 47 Machine Guns, Destructive Devices, and Certain Other Firearms; 1512-AC69 Recodification of Regulations....................................................... 2578 27 CFR 55 Delegation of Authority in 27 CFR Part 55--Commerce in Explosives......... 1512-AC94 2579 27 CFR 275 Implementation of Public Law 105-33, Section 9302, Requiring the 1512-AC07 Qualification of Tobacco Product Importers and Miscellaneous Technical Amendments... 2580 27 CFR 275 Prohibited Marks on Packages of Tobacco Products and Cigarette Papers and 1512-AC14 Tubes Imported or Brought into the United States.................................... 2581 27 CFR 270 Elimination of Statistical Classes for Large Cigars...................... 1512-AC33 2582 27 CFR 40 Delegation of Authority in 27 CFR Part 40................................. 1512-AC54 2583 27 CFR 44 Voluntary Waiver of Filing Claim for Credit, Refund, Allowance or Credit 1512-AC64 of Tax for Tobacco Products Manufactured in Canada.................................. ---------------------------------------------------------------------------------------------------------------- Bureau of Alcohol, Tobacco and Firearms--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2584 27 CFR 251 Recodification of Part 251............................................... 1512-AC27 2585 27 CFR 4 Albarino, Black Corinth and Fiano Grape Varieties.......................... 1512-AC29 2586 27 CFR 252 Delegation of Authority in 27 CFR Part 252............................... 1512-AC44 2587 27 CFR 4 Proposed Addition of ``Tannat'' as a Grape Variety Name for American Wines. 1512-AC50 2588 27 CFR 251 Delegation of Authority in 27 CFR Part 251............................... 1512-AC58 2589 27 CFR 9 Petition to Establish ``California Coast'' as a New American Viticultural 1512-AC83 Area................................................................................ 2590 27 CFR 9 Petition to Expand the Lodi Viticultural Area.............................. 1512-AC92 2591 27 CFR 47 Delegation of Authority (27 CFR 47)....................................... 1512-AC86 2592 27 CFR 270 Elimination of Application to Remove Tobacco Products from Manufacturer's 1512-AC32 Premises for Experimental Purposes.................................................. 2593 27 CFR 44 Delegation of Authority in 27 CFR Part 44................................. 1512-AC36 ---------------------------------------------------------------------------------------------------------------- Bureau of Alcohol, Tobacco and Firearms--Discontinued Entries -------------------------------------------------------------------------------------------------------------------------------------------------------- Regulation Identification Title Date Comments Number -------------------------------------------------------------------------------------------------------------------------------------------------------- 1512-AA07 27 CFR 9 American Viticultural Areas 09/10/2002 Withdrawn [[Page 74997]] 1512-AC51 27 CFR 5.22 Petition to Amend the Standards of Identity for Whisky and Brandy 05/03/2002 Withdrawn -------------------------------------------------------------------------------------------------------------------------------------------------------- Comptroller of the Currency--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2594 12 CFR 19 Uniform Rules of Practice and Procedure; Regulation Review................ 1557-AB43 2595 Fair Credit Reporting Regulations................................................... 1557-AB78 2596 Recordkeeping Requirements for Bank Exceptions from Securities Dealer Registration.. 1557-AB93 2597 12 CFR 5 Rules, Policies, and Procedures for Corporate Activities and Bank 1557-AB97 Activities and Operations........................................................... 2598 12 CFR 19 Maintenance of Records.................................................... 1557-AB99 2599 12 CFR 5 Payday Lending............................................................. 1557-AC01 2600 12 CFR 28 International Banking Activities.......................................... 1557-AC04 2601 12 CFR 30 Interagency Guidelines Establishing Standards for Safety and Soundness.... 1557-AC08 2602 12 CFR 24 Community Development Corporations, Community Development Projects, and 1557-AC09 Other Public Welfare Investments (12 CFR Part 24)................................... 2603 12 CFR 19 Removal, Suspension, and Debarment of Independent Accountants from 1557-AC10 Performance of Audit Services....................................................... 2604 12 CFR 5 Rules, Policies, and Procedures for Corporate Activities................... 1557-AC11 ---------------------------------------------------------------------------------------------------------------- Comptroller of the Currency--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2605 12 CFR 3 Capital Rules.............................................................. 1557-AB14 2606 31 CFR 103 Customer Identification Programs for Banks, Savings Associations, and 1557-AC06 Credit Unions....................................................................... ---------------------------------------------------------------------------------------------------------------- Comptroller of the Currency--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2607 Rules and Procedures for Claims Against OCC-Appointed Receiverships for Uninsured 1557-AB59 Financial Institutions.............................................................. 2608 12 CFR 25 Community Reinvestment Act Regulation..................................... 1557-AB98 ---------------------------------------------------------------------------------------------------------------- Comptroller of the Currency--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2609 12 CFR 34 Real Estate Appraisals.................................................... 1557-AB70 2610 12 CFR 37 Debt Cancellation Contracts and Debt Suspension Agreements................ 1557-AB75 2611 12 CFR 7.1002 Electronic Activities (Formerly Electronic Banking)................... 1557-AB76 2612 31 CFR 1 Notice of Exempt Privacy Act Systems of Records............................ 1557-AB83 2613 12 CFR 25 Prohibition Against Use of Interstate Branches Primarily for Deposit 1557-AB95 Production.......................................................................... 2614 12 CFR 5 Financial Subsidiaries and Noncontrolling Investments of Federal Branches 1557-AC02 and Agencies........................................................................ 2615 12 CFR 28.15 International Banking Activities: Capital Equivalency Deposit.......... 1557-AC05 2616 12 CFR 8 Assessment of Fees......................................................... 1557-AC07 ---------------------------------------------------------------------------------------------------------------- [[Page 74998]] United States Customs Service--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2617 19 CFR 12 Textiles and Textile Products Subject to Textile Trade Agreements......... 1515-AB54 2618 19 CFR 159 Liquidation; Extension; Suspension....................................... 1515-AB66 2619 19 CFR 12 Detention, Seizure, and Forfeiture of ``Bootleg'' Sound Recording and 1515-AB74 Music Videos of Live Musical Performances........................................... 2620 19 CFR 142 Reconciliation........................................................... 1515-AB85 2621 19 CFR 111 Remote Location Filing................................................... 1515-AC23 2622 19 CFR 123 Simplification of In-Transit Truck Shipments Between Canada and the 1515-AC65 United States....................................................................... 2623 19 CFR 142 Requirements for Future Customs Transactions When Payment to Customs on 1515-AC68 Prior Transactions is Delinquent and/or Dishonored.................................. 2624 19 CFR 145 Customs Examination of In-Transit Mail Shipments......................... 1515-AC71 2625 19 CFR 24 Reimbursable Customs Inspectional Services: Increase in Hourly Rate Charge 1515-AC77 2626 19 CFR 12 Patent Surveys............................................................ 1515-AC93 2627 19 CFR 122 Advance Notice Requirements for Aircraft Landings and Arrivals........... 1515-AD10 2628 19 CFR 162 Prior Disclosure and Lost Duty or Revenue Demands When Penalty Claim Not 1515-AD13 Issued.............................................................................. 2629 19 CFR 111 Performance of Customs Business by Parent and Subsidiary Corporations.... 1515-AD14 ---------------------------------------------------------------------------------------------------------------- United States Customs Service--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2630 19 CFR 4 Harbor Maintenance Fee..................................................... 1515-AA57 2631 19 CFR 24 Donated Cargo Exemption From Harbor Maintenance Fee....................... 1515-AA87 2632 19 CFR 181 North American Free Trade Agreement (NAFTA)--Implementation of Duty- 1515-AB87 Deferral Program Provisions......................................................... 2633 19 CFR 141 Customs Entry Documentation Pursuant to Anticounterfeiting Consumer 1515-AC15 Protection Act...................................................................... 2634 19 CFR 134 Country-of-Origin Marking................................................ 1515-AC32 2635 19 CFR 113 Importation and Entry Bond Conditions Regarding Other Agency 1515-AC44 Documentation Requirements.......................................................... 2636 19 CFR 4 Deferral of Duty on Large Yachts Imported for Sale......................... 1515-AC58 2637 19 CFR 4 User and Navigation Fees; Other Reimbursable Charges....................... 1515-AC63 2638 19 CFR 10 African Growth and Opportunity Act and Generalized System of Preferences.. 1515-AC72 2639 19 CFR 146 Expanded Weekly Entry Procedure for Foreign Trade Zones.................. 1515-AC74 2640 19 CFR 10 United States-Caribbean Basin Trade Partnership Act and Caribbean Basin 1515-AC76 Initiative.......................................................................... 2641 19 CFR 102 Rules of Origin for Textile and Apparel Products......................... 1515-AC80 2642 19 CFR 24 User Fees................................................................. 1515-AC81 2643 19 CFR 12 Dog and Cat Protection Act................................................ 1515-AC87 2644 19 CFR 10 Prototypes Used Solely For Product Development, Testing, Evaluation or 1515-AC88 Quality Control Purposes............................................................ 2645 19 CFR 10 Preferential Treatment of Brassieres Under the United States-Caribbean 1515-AC89 Basin Trade Partnership Act......................................................... 2646 19 CFR 141 Single Entry for Split Shipments......................................... 1515-AC91 2647 19 CFR 141 Single Entry for Unassembled or Disassembled Entities Imported on 1515-AC94 Multiple Conveyances................................................................ 2648 19 CFR 133 Civil Fines For Importation of Merchandise Bearing a Counterfeit Mark.... 1515-AC98 2649 19 CFR 122 Passenger and Crew Manifests Required for Passenger Flights in Foreign 1515-AC99 Air Transportation to the United States............................................. 2650 19 CFR 191 Manufacturing Substitution Drawback: Duty Apportionment.................. 1515-AD02 2651 19 CFR 122 Access to Customs Security Areas at Airports............................. 1515-AD04 2652 19 CFR 141 Conditional Release Period and Customs Bond Obligations For Food, Drugs, 1515-AD05 Devices and Cosmetics............................................................... 2653 19 CFR 122 Passenger Name Record Information Required For Passengers On Flights In 1515-AD06 Foreign Air Transportation To Or From the United States............................. 2654 19 CFR 12 Entry of Certain Steel Products........................................... 1515-AD15 ---------------------------------------------------------------------------------------------------------------- United States Customs Service--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2655 19 CFR 12 Entry of Softwood Lumber Shipments From Canada............................ 1515-AB97 2656 19 CFR 123 Designated Land Border Crossing Locations for Certain Conveyances........ 1515-AC12 [[Page 74999]] 2657 19 CFR 24 Expanded Methods of Payment of Duties, Taxes, Interest and Fees........... 1515-AC40 2658 19 CFR 12 Entry of Softwood Lumber Shipments from Canada............................ 1515-AC62 2659 19 CFR 122 Private Aircraft Programs: Establishment of the General Aviation 1515-AC73 Telephonic Entry (GATE) Program and Revisions to the Overflight Program............. 2660 19 CFR 10 Amendment to Wool Duty Refund Program..................................... 1515-AC85 2661 19 CFR 24 Procedures Governing the Border Release Advanced Screening and Selectivity 1515-AC92 (BRASS) Program..................................................................... ---------------------------------------------------------------------------------------------------------------- United States Customs Service--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2662 19 CFR 177 Administrative Rulings................................................... 1515-AC56 2663 19 CFR 4 General Order Warehouses................................................... 1515-AC57 2664 19 CFR 10 Civil Aircraft............................................................ 1515-AC59 2665 19 CFR 191 Merchandise Processing Fee Eligible to be Claimed as Unused Merchandise 1515-AC67 Drawback............................................................................ 2666 19 CFR 10 Duty-Free Treatment for Certain Beverages Made with Caribbean Rum......... 1515-AC78 2667 19 CFR 24 Amended Procedure for Obtaining Refunds of Harbor Maintenance Fees Paid on 1515-AC82 Exports of Merchandise.............................................................. 2668 19 CFR 132 Licenses for Certain Worsted Wool Fabrics Subject to Tariff-Rate Quota... 1515-AC83 2669 19 CFR 12 Import Restrictions Imposed on Pre-Classical and Classical Archaeological 1515-AC86 Material Originating in Cyprus...................................................... 2670 19 CFR 122 Re-Use of Air Waybill Number on Air Cargo Manifest....................... 1515-AD01 2671 19 CFR 132 Elimination of Tariff-Rate Quota on Imported Lamb Meat................... 1515-AD09 2672 19 CFR 4 Presentation of Vessel Cargo Manifest to Customs Before Cargo is Laden 1515-AD11 Aboard Vessel at Foreign Port for Transport to the United States.................... 2673 19 CFR 12 Extension of Import Restrictions Imposed on Archaeological and 1515-AD12 Ethnological Material from Peru..................................................... 2674 19 CFR 12 Extension of Import Restrictions Imposed on Archaeological Material from 1515-AD16 Mali................................................................................ 2675 19 CFR 12 Extension of Import Restrictions Imposed on Archaeological Material from 1515-AD17 Guatemala........................................................................... ---------------------------------------------------------------------------------------------------------------- Internal Revenue Service--Prerule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2676 Circular 230--Phase 2 Non-Shelter Revisions......................................... 1545-BA72 2677 Communications Excise Tax; Taxable Communication Services........................... 1545-BB04 2678 Mixed Use Output Facilities......................................................... 1545-BB23 ---------------------------------------------------------------------------------------------------------------- Internal Revenue Service--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2679 Integrated Financial Transaction.................................................... 1545-AR20 2680 Intercompany Transfer Pricing for Services.......................................... 1545-AR32 2681 Capital Gain Guidance Relating to CRTs.............................................. 1545-AW35 2682 Constructive Sales of Appreciated Financial Positions............................... 1545-AW97 2683 Straddles--One Side Larger Than the Other........................................... 1545-AX16 2684 Cash or Deferred Arrangements....................................................... 1545-AX26 2685 Inspection of Written Determinations................................................ 1545-AX40 2686 Cash or Deferred Arrangements....................................................... 1545-AX43 2687 Awarding of Costs and Certain Fees.................................................. 1545-AX46 2688 Highly Compensated Employee......................................................... 1545-AX48 2689 Modification to Section 367(a) Stock Transfer Regulations........................... 1545-AX77 2690 Assumption of Partnership Liabilities............................................... 1545-AX93 [[Page 75000]] 2691 Like-Kind Exchanges................................................................. 1545-AX95 2692 Electing Mark-to-Market for Marketable Stock of a PFIC.............................. 1545-AY17 2693 Guidance on Changes to the Laws for Corporate Estimated Taxes....................... 1545-AY22 2694 Use of Taxpayer Identifying Numbers................................................. 1545-AY24 2695 Dual Consolidated Loss Recapture Events............................................. 1545-AY27 2696 Taxable Years of CFCs and FPHCs..................................................... 1545-AY30 2697 Allocation of Income and Deductions from Intangibles................................ 1545-AY38 2698 Dollar-Value LIFO................................................................... 1545-AY39 2699 Normal Retirement Age for Pension Plans............................................. 1545-AY61 2700 Liabilities Assumed in Certain Corporate Transactions............................... 1545-AY74 2701 Normalization....................................................................... 1545-AY75 2702 Disclosure of Returns and Return Information in Judicial and Administrative Tax 1545-AY89 Proceedings......................................................................... 2703 Payments For Interest in Partnership................................................ 1545-AY90 2704 Tax Shelter Penalties............................................................... 1545-AY97 2705 Expenditures in Connection with the Creation of Intangible Assets................... 1545-BA00 2706 Allocation and Apportionment of Interest Expense.................................... 1545-BA02 2707 Reductions of Accruals and Allocations Because of Increased Age..................... 1545-BA10 2708 Transactions Involving Obligations of Consolidated Group Members.................... 1545-BA11 2709 Deductibility of Employer Contributions for Deferred Compensation................... 1545-BA13 2710 Continuation of a Consolidated Group................................................ 1545-BA14 2711 Property Exempt from Levy........................................................... 1545-BA22 2712 Gasoline Tax Claims................................................................. 1545-BA27 2713 Suspension of Statutes of Limitation in John Doe and Third-Party Summons Disputes 1545-BA31 and Expansion of Taxpayers' Rights to Receive Notice and Seek Judicial Review of Third Party Summonses............................................................... 2714 Amendments to Rules for Allocation of Basis......................................... 1545-BA32 2715 Earned Income Credit................................................................ 1545-BA34 2716 Income From Sources Within Specified Possession..................................... 1545-BA37 2717 Multi-Family Housing Bonds.......................................................... 1545-BA45 2718 Determination of Basis of Partner's Interest; Special Rules......................... 1545-BA50 2719 Partnership Options................................................................. 1545-BA53 2720 User Fees for Offers to Compromise.................................................. 1545-BA54 2721 Modification of Check the Box (Temporary)........................................... 1545-BA58 2722 Modification of Check the Box....................................................... 1545-BA59 2723 Abatement of Interest on Large Erroneous Refunds.................................... 1545-BA61 2724 Allocation and Apportionment Rules: Guidance on Selected Issues..................... 1545-BA64 2725 Provisions Regarding Cross-Border Transactions...................................... 1545-BA65 2726 Interest Other Than That of a Creditor.............................................. 1545-BA69 2727 Definition of Reorganizations....................................................... 1545-BA71 2728 Controlled Foreign Partnership Reporting............................................ 1545-BA77 2729 Disclosure of Relative Value of Distribution Forms.................................. 1545-BA78 2730 Redemptions Treated as Dividends.................................................... 1545-BA80 2731 Partnership Transactions Involving Long-Term Contracts.............................. 1545-BA81 2732 Allocation of New Markets Tax Credit................................................ 1545-BA84 2733 Carryover and Stacking Rule Amendment............................................... 1545-BA85 2734 Guidance on Reporting of Deposit Interest Paid to Nonresident Aliens................ 1545-BA86 2735 Aggregate Computation and Allocation of Research Credit............................. 1545-BA88 2736 Designated IRS Officer or Employee.................................................. 1545-BA89 2737 Transfer of Notes or Stock to Provide for Satisfaction of Contested Liabilities..... 1545-BA90 2738 Transfer of Notes or Stock to Provide for Satisfaction of Contested Liabilities 1545-BA91 (Temporary)......................................................................... 2739 Inclusion Ratio..................................................................... 1545-BA94 2740 Employment Taxes--Failure-to-Deposit Penalty........................................ 1545-BA97 2741 Designated IRS Officer or Employee (Temporary)...................................... 1545-BA98 2742 Timely Mailing Treatment............................................................ 1545-BA99 2743 Hand Carry Returns.................................................................. 1545-BB00 2744 Reduced Exclusion of Gain from Sale or Exchange of Principal Residence.............. 1545-BB01 2745 Reduced Exclusion of Gain from Sale or Exchange of Principal Residence (Temporary).. 1545-BB02 2746 Heavy Vehicle Tax; Definition of Highway Tractor.................................... 1545-BB03 2747 Change in Use; Accelerated Cost Recovery Sytstem.................................... 1545-BB05 2748 Depreciation of Vans and Light Trucks............................................... 1545-BB06 [[Page 75001]] 2749 Capital Account Bookup.............................................................. 1545-BB10 2750 Allocation of Foreign Tax Credits Among Partners.................................... 1545-BB11 2751 Distributions of Property........................................................... 1545-BB12 2752 Penalties for Unauthorized Inspection of Returns.................................... 1545-BB13 2753 Structured Settlement Factoring Transactions........................................ 1545-BB14 2754 Testimony Authorizations and Requests for IRS Information........................... 1545-BB15 2755 Investigative Disclosures........................................................... 1545-BB16 2756 Investigative Disclosures (Temporary)............................................... 1545-BB17 2757 Toll Telephone Service-Definition................................................... 1545-BB18 2758 Substantiation of Incidental Expenses (Temporary)................................... 1545-BB19 2759 Substantiation of Incidental Expenses............................................... 1545-BB20 2760 Duplicate Tax Benefits.............................................................. 1545-BB25 2761 Cost Sharing........................................................................ 1545-BB26 2762 Application of Separate Limitations to Dividends from Noncontrolled Section 902 1545-BB28 Corporation......................................................................... 2763 Extension of Time for Filing Returns................................................ 1545-BB29 2764 Exclusions from Gross Income of Foreign Corporations................................ 1545-BB30 2765 Tax Shelter Disclosure Statements................................................... 1545-BB32 2766 Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters....... 1545-BB33 2767 Other Assessable Penalties With Respect to the Preparation of Income Tax Returns for 1545-BB34 Other Persons....................................................................... 2768 Fractional Parts of a Dollar........................................................ 1545-BB35 ---------------------------------------------------------------------------------------------------------------- Internal Revenue Service--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2769 Golden Parachute Payments........................................................... 1545-AH49 2770 Nonrecognition of Corporate Distributions and Reorganizations Under the Foreign 1545-AK79 Investment in Real Property Tax Act................................................. 2771 Computation of a Branch's Taxable Income; Taxation of Exchange Gain or Loss on 1545-AM12 Branch Remittances.................................................................. 2772 Limitations on Passive Activity Losses and Credits--Self-Charged Items.............. 1545-AN64 2773 Taxation of Global Trading.......................................................... 1545-AP01 2774 Interest-Free Adjustments........................................................... 1545-AQ61 2775 Definition of ``Highly Compensated Employee''....................................... 1545-AQ74 2776 Escrow Funds and Other Similar Funds................................................ 1545-AR82 2777 Mark-to-Market Upon Disposition..................................................... 1545-AS85 2778 Straddles---Miscellaneous Issues.................................................... 1545-AT46 2779 Agreements for Payment of Tax Liabilities in Installments........................... 1545-AU97 2780 Definition of ``Private Activity Bonds'' Allocation and Accounting Regulations...... 1545-AU98 2781 Return of Levied Property in Certain Cases.......................................... 1545-AV01 2782 Interest on Education Loans......................................................... 1545-AW01 2783 Mark-to-Market Accounting for Dealers in Commodities and Traders in Securities and 1545-AW06 Commodities......................................................................... 2784 Election To Treat Trust as Estate................................................... 1545-AW24 2785 Corporate Tax Shelter Registration.................................................. 1545-AW26 2786 Intercompany Obligations............................................................ 1545-AW30 2787 Reporting of Payments to Attorney................................................... 1545-AW72 2788 Qualified Offers.................................................................... 1545-AW99 2789 Notice of Contact of Third Parties.................................................. 1545-AX04 2790 Allocation of Research Credit....................................................... 1545-AX05 2791 Delay Rental Payments............................................................... 1545-AX06 2792 Highway Vehicle--Definition......................................................... 1545-AX10 2793 Guidance on Cost Recovery in the Entertainment Industry............................. 1545-AX12 2794 Allocating Basis Adjustments........................................................ 1545-AX18 2795 Exclusion of Gain on the Sale or Exchange of Principal Residence.................... 1545-AX28 2796 Special Rules for Retroactive Payments Under Section 417(a)(7)(A) for Qualified 1545-AX34 Retirement Plans.................................................................... 2797 Compensation Deferred Under Eligible Section 457(b) Plans........................... 1545-AX52 2798 Stock Transfer Rules: Carryover of Earnings and Taxes............................... 1545-AX65 2799 Loans to Participants or Beneficiaries from Qualified Employee Plans................ 1545-AX68 [[Page 75002]] 2800 Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters....... 1545-AX79 2801 Tax Shelter Disclosure Statements................................................... 1545-AX81 2802 Disclosure of Return and Return Information to Designee of Taxpayer................. 1545-AX85 2803 Statute of Limitations on Collection Installment Agreements......................... 1545-AX89 2804 Definition of Income................................................................ 1545-AX96 2805 Constructive Transfers and Transfers of Property to Third Parties on Behalf of a 1545-AX99 Spouse.............................................................................. 2806 Damages for Intentional or Reckless Disregard of the Internal Revenue Code.......... 1545-AY08 2807 Investment Type Property (Prepayment)............................................... 1545-AY12 2808 Authorized Placement Agency......................................................... 1545-AY18 2809 HIPAA General Nondiscrimination..................................................... 1545-AY32 2810 HIPAA Nondiscrimination/Exception for Church Plans.................................. 1545-AY33 2811 HIPAA Nondiscrimination/Bona Fide Wellness Programs................................. 1545-AY34 2812 Recognition of Gain on Certain Distributions or Stock of Securities in Connection 1545-AY42 with an Acquisition................................................................. 2813 Modified Guaranteed Contracts....................................................... 1545-AY48 2814 Electronic Furnishing of Payee Statements........................................... 1545-AY50 2815 Disclosure of Return Information to Officers and Employees of the Department of 1545-AY52 Commerce for Certain Statistical Purposes and Related Activities.................... 2816 Tax Treatment of Cafeteria Plans.................................................... 1545-AY67 2817 Obligation of States and Political Subdivisions..................................... 1545-AY71 2818 Qualified S Election for Testamentary Trusts........................................ 1545-AY76 2819 Disclosure of Returns and Return Information by Other Agencies...................... 1545-AY77 2820 Research Credit III................................................................. 1545-AY82 2821 Low-Income Taxpayer Clinics......................................................... 1545-AY84 2822 New Market Tax Credit............................................................... 1545-AY87 2823 Net Gift Treatment.................................................................. 1545-AY91 2824 Excise Tax Imposed on Foreign Insurers or Reinsurers................................ 1545-AY93 2825 Definition of Agent and Safeguard Certifications.................................... 1545-AY94 2826 Consolidated Return Intercompany Transaction Rules.................................. 1545-BA05 2827 Mergers Involving Disregarded Entities.............................................. 1545-BA06 2828 Notice of Significant Reduction in the Rate of Future Benefit Accrual............... 1545-BA08 2829 Consolidated Returns; Non-Applicability of Section 357(c)........................... 1545-BA09 2830 Counting 2100 Notices............................................................... 1545-BA18 2831 Catch-Up Contributions for Individuals Age 50 or Over............................... 1545-BA24 2832 Unit Livestock Pricing Method....................................................... 1545-BA25 2833 Guidance Regarding Foreign Personal Holding Company Income.......................... 1545-BA33 2834 Withholding at Treaty Rate Exception for Taxpayer Identifying Number................ 1545-BA38 2835 Split-Dollar Life Insurance......................................................... 1545-BA44 2836 Amendment to the Definition of Refunding............................................ 1545-BA46 2837 Treatment of Funded Welfare Benefit Plans........................................... 1545-BA47 2838 Loss Limitation Rules............................................................... 1545-BA52 2839 Carryback of Consolidated Net Operating Losses to Separate Return Years............. 1545-BA73 2840 Statutory Options................................................................... 1545-BA75 2841 Earnings Calculation for Returned or Recharacterized Contributions.................. 1545-BA82 2842 Reporting Requirements for Widely Held Fixed Investment Trusts...................... 1545-BA83 2843 Low-Income Taxpayer Clinics......................................................... 1545-BA95 2844 6038 Issues Relating to Certain Foreign Corporations and Partnerships............... 1545-BB36 ---------------------------------------------------------------------------------------------------------------- Internal Revenue Service--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2845 Income Tax--Taxpayer's Obligation To File a Notice of Redetermination of Foreign Tax 1545-AC09 and Civil Penalties for Failure to File............................................. 2846 Income Tax--Definition of Qualified Possession Source Investment Income for Purposes 1545-AC10 of Puerto Rico and Possession Tax Credit............................................ 2847 FSC Transfer Pricing Rules, Distributions, Dividends Received, Deduction, and Other 1545-AI16 Special Rules for FSC............................................................... 2848 Information From Passport and Immigration Applicants................................ 1545-AJ93 [[Page 75003]] 2849 Foreign Corporations................................................................ 1545-AK74 2850 Foreign Insurance Companies......................................................... 1545-AL82 2851 Income of Foreign Governments and International Organizations....................... 1545-AL93 2852 Clarification of Treatment of Separate Limitation Losses............................ 1545-AM11 2853 Earnings and Profits of Controlled Foreign Corporations............................. 1545-AM90 2854 Caribbean Basin Investments......................................................... 1545-AM91 2855 Outbound Transfers of Property to Foreign Corporations.............................. 1545-AM97 2856 Railroad Unemployment Repayment Tax................................................. 1545-AN40 2857 Consolidated Alternative Minimum Tax................................................ 1545-AN73 2858 Conforming Taxable Years of CFCs and FPHCs: 1989 Change............................. 1545-AO22 2859 Earnings Stripping Payments......................................................... 1545-AO24 2860 Foreign Insurance Company--Domestic Election........................................ 1545-AO25 2861 Fringe Benefit Sourcing Under Section 861........................................... 1545-AO72 2862 Information Reporting and Record Maintenance........................................ 1545-AP10 2863 Charitable Contributions............................................................ 1545-AP30 2864 Registration Required Obligations................................................... 1545-AP33 2865 Guidance in Notice 89-37, Which Treats the Receipt of a Corporate Partner's Stock by 1545-AP52 the Corporate Partner as a Circumvention of General Utilities Repeal................ 2866 Use of GAAP Earnings as E&P of Foreign Corporations................................. 1545-AQ55 2867 The Treatment of Accelerated Death Benefits......................................... 1545-AQ70 2868 Foreign Trusts Regulations.......................................................... 1545-AR25 2869 Treatment of Dual Consolidated Losses............................................... 1545-AR26 2870 Allocation of Accrued Benefits Between Employer and Employee Contributions.......... 1545-AT82 2871 Foreign Corporations Regulations.................................................... 1545-AT96 2872 Treatment of Obligation-Shifting Transactions....................................... 1545-AU19 2873 Application of Grantor Trust Rules to Nonexempt Employees' Trust.................... 1545-AU29 2874 Recomputation of Life Insurance Reserves............................................ 1545-AU49 2875 Source Rules for Payments Made Pursuant to Certain Swap Arrangements................ 1545-AU89 2876 Application of Attribution Rules to Foreign Trusts.................................. 1545-AU91 2877 FASIT--Start-up/Operational/Transition.............................................. 1545-AU94 2878 Electronic Transmission of Withholding Certificates................................. 1545-AV27 2879 Removal of Temporary Regulations That Provide Rules for Substantiating Travel 1545-AV55 Expense Deductions for Members of Congress.......................................... 2880 Foreign Tax Credit Anti-abuse Regulation............................................ 1545-AV97 2881 Stocks and Securities Safe Harbor Exception......................................... 1545-AW13 2882 Transportation of Persons and Property by Air....................................... 1545-AW19 2883 Contingent Debt Instrument.......................................................... 1545-AW33 2884 Source of Income From Certain Space and Ocean Activities and for Communications 1545-AW50 Income.............................................................................. 2885 Guidance Under Subpart F Relating to Certain Hybrid Transactions.................... 1545-AW63 2886 Education Credits................................................................... 1545-AW65 2887 Certain Asset Transfers to Regulated Investment Companies (RICs) and Real Estate 1545-AW92 Investment Trusts (REITs)........................................................... 2888 Rules for Sourcing Certain Transportation Income, Space or Ocean Activity Income, 1545-AX02 and Related Foreign Base Company Shipping Income.................................... 2889 Definition of Accounting Method..................................................... 1545-AX21 2890 Guaranteed Investment Contracts..................................................... 1545-AX22 2891 Changes in Entity Classification: Special Rule for Certain Foreign Eligible Entities 1545-AX39 2892 Definition of Private Activity Bond--Refunding Regulations.......................... 1545-AX55 2893 Allocation and Apportionment of Interest Expense and Certain Other Expenses......... 1545-AX72 2894 Definition of Passive Foreign Investment Company Under Section 1297................. 1545-AX78 2895 HIPAA Portability................................................................... 1545-AX84 2896 Application of Separate Foreign Tax Credit Limitations.............................. 1545-AX88 2897 Clarification of Foreign-Based Company Sales Income Rules........................... 1545-AX91 2898 Capitalization of Interest and Carrying Charges Properly Allocable to Straddles..... 1545-AX92 2899 Definition of Diesel Fuel........................................................... 1545-AX97 2900 Guidance Necessary to Facilitate Electronic Tax Administration...................... 1545-AY04 2901 Active Conduct of an Insurance Business Under PFIC Rules............................ 1545-AY20 2902 Disallowance of Deductions and Credits for Failure to File Timely Return............ 1545-AY26 2903 Withholding Tax on Foreign Partners' Share of Effectively Connected Income.......... 1545-AY28 2904 Information Reporting on Cancellation of Indebtedness............................... 1545-AY35 [[Page 75004]] 2905 Special Rules Relating to Transfers of Intangibles to Foreign Corporations.......... 1545-AY41 2906 Special Rules for S Corporations.................................................... 1545-AY44 2907 Election--Assets Acquisitions of Insurance Companies................................ 1545-AY49 2908 Previously Taxed Earnings and Profits Under Subpart F............................... 1545-AY54 2909 Treatment of Community Income for Certain Individuals Not Filing Joint Returns...... 1545-AY83 2910 Charitable Lead Interest............................................................ 1545-AY86 2911 Transitional Relief for Qualified Intermediaries.................................... 1545-AY92 2912 Procurement/Purchasing Card Reporting............................................... 1545-BA17 2913 Application of the Federal Insurance Contributions Act, Federal Unemployment Tax Act 1545-BA26 and Collection of Income Tax at Source to Statutory Stock Options................... 2914 Transfers of C Corporation Property to RICs or REITs................................ 1545-BA36 2915 Treatment of Certain Obligation-shifting Transactions............................... 1545-BA41 2916 Information Reporting for Qualified Tuition and Related Expenses; Magnetic Media 1545-BA43 Filing Requirements for Information Returns......................................... 2917 Compensatory Stock Options Under Section 482........................................ 1545-BA57 2918 Required Distributions from Retirement Plans........................................ 1545-BA60 2919 Circular 230--Tax Shelter Amendments................................................ 1545-BA70 2920 Foreign Corporations--Treatment of Distributions or Liquidations.................... 1545-BA79 2921 Allocation and Apportionment of Interest Expense.................................... 1545-BA92 2922 Earnings and Profits Attribution Principles......................................... 1545-BA93 2923 Guidance To Facilitate Electronic Tax Administration................................ 1545-BA96 2924 Disclosure of Reportable Transactions............................................... 1545-BB07 2925 Registration of Reportable Transactions............................................. 1545-BB08 2926 List Maintenance Requirement for Reportable Transactions............................ 1545-BB09 2927 Authorization for IRS to Charge Fees For Copying Exempt Organization Returns........ 1545-BB21 2928 Authorization for IRS to Charge Fees For Copying Exempt Organizations Returns 1545-BB22 (Temporary)......................................................................... 2929 Structured Settlement Factoring Transactions (Temporary)............................ 1545-BB24 2930 Accrual Rules for Creditable Foreign Taxes and Guidance on Change in Taxable Year... 1545-BB27 2931 Treatment of Services Under Section 482............................................. 1545-BB31 ---------------------------------------------------------------------------------------------------------------- Internal Revenue Service--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2932 Electing Small Business Trust....................................................... 1545-AU76 2933 Required Distributions From Qualified Plans and Individual Retirement Plans......... 1545-AV82 2934 Middleman Regulation................................................................ 1545-AW48 2935 Relief From Joint and Several Liability on Joint Return............................. 1545-AW64 2936 Information Reporting for Payments of Interest on Education Loans................... 1545-AW67 2937 Modifications and Additions to the Unified Partnership Audit Procedures............. 1545-AW86 2938 Compromises......................................................................... 1545-AW88 2939 Transfer of REMIC Residual Interest................................................. 1545-AW98 2940 Change of Annual Accounting Period.................................................. 1545-AX15 2941 Agent for the Consolidated Group.................................................... 1545-AX56 2942 Equity Options with Flexible Terms.................................................. 1545-AX66 2943 Clarification of Entity Classification Rules........................................ 1545-AX75 2944 Determination of Basis of Partners' Interest; Special Rules......................... 1545-AX94 2945 Hedging Transactions................................................................ 1545-AY02 2946 Regulations Governing Practice Before the Internal Revenue Service.................. 1545-AY05 2947 Guidance for Imposing Tax Liability on Foreign Persons.............................. 1545-AY13 2948 Mid-Contract Change in Taxpayer..................................................... 1545-AY31 2949 Guidance Under Subpart F Relating to Partnerships................................... 1545-AY45 2950 Guidance Necessary to Facilitate Electronic Tax Administration...................... 1545-AY56 2951 Insurance Companies--Tax Under Subchapter L......................................... 1545-AY60 2952 Foreign Partners.................................................................... 1545-AY66 2953 Notice to Interested Parties........................................................ 1545-AY68 2954 Required Distributions from Retirement Plans........................................ 1545-AY69 [[Page 75005]] 2955 Required Distributions from Retirement Plans........................................ 1545-AY70 2956 Guidance Under Section 355(e); Recognition of Gain on Certain Distributions of Stock 1545-BA55 or Securities in Connection with an Aquisition...................................... 2957 Disclosures of Return Information to Officers and Employees of the Department of 1545-BA56 Agriculture for Certain Statistical Purposes and Related Activities................. 2958 Modification of Tax Shelter Rules III............................................... 1545-BA62 2959 Taxation of Tax-Exempt Organization's Income from Corporate Sponsorship............. 1545-BA68 2960 Loss Limitation Rules--Amended...................................................... 1545-BA74 2961 Carryback of Consolidated Net Operating Losses to Separate Return Years............. 1545-BA76 2962 Refund of Mistaken Contributions.................................................... 1545-BA87 ---------------------------------------------------------------------------------------------------------------- Internal Revenue Service--Discontinued Entries -------------------------------------------------------------------------------------------------------------------------------------------------------- Regulation Identification Title Date Comments Number -------------------------------------------------------------------------------------------------------------------------------------------------------- 1545-AJ57 Income Tax--Reciprocal Exemptions for Certain Transportation Income 08/02/2002 Withdrawn 1545-AU15 Reporting Requirements for Widely Held Fixed Investment Trusts 06/20/2002 Withdrawn 1545-AW21 Estate Tax Deduction for Qualified Family-Owned Business Interests (QFOBI) 04/30/2002 Withdrawn 1545-AW36 Disregarded Entities 11/15/2001 Withdrawn 1545-AW61 Merchandise Regulation 07/31/2002 Withdrawn 1545-AY62 Guidance on Reporting of Deposit Interest Paid to Nonresident Aliens 08/02/2002 Withdrawn 1545-AY95 Termination of QSub Election 08/09/2002 Withdrawn 1545-BA12 Guidance Regarding the Treatment by a Corporation of Financial Instruments Based on the 08/12/2002 Withdrawn Value of that Corporation's Stock 1545-BA15 Consolidated Returns; Investment Adjustments Involving Preferred Stock 08/08/2002 Withdrawn 1545-BA35 Disclosures of Return Information to Officers and Employees of the Department of 06/19/2002 Withdrawn Agriculture for Certain Statistical Purposes and Related Activities 1545-BA63 Primary Profit Motive 07/24/2002 Withdrawn 1545-BA66 Modification of Tax Shelter Rules III 05/08/2002 Withdrawn 1545-BA67 Modification of Tax Shelter Rules III (Temporary) 05/08/2002 Withdrawn -------------------------------------------------------------------------------------------------------------------------------------------------------- Office of Thrift Supervision--Proposed Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2963 12 CFR 567 Capital Rules............................................................ 1550-AB11 2964 12 CFR 571 Fair Credit Reporting.................................................... 1550-AB33 ---------------------------------------------------------------------------------------------------------------- Office of Thrift Supervision--Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2965 12 CFR 550 Recordkeeping and Confirmation Requirements for Securities Transactions; 1550-AB49 Fiduciary Powers of Savings Associations............................................ 2966 12 CFR 562 Regulatory Reporting Standards: Qualifications for Independent Public 1550-AB54 Accounts Performing Audit Services for Voluntary Audit Filers....................... ---------------------------------------------------------------------------------------------------------------- [[Page 75006]] Office of Thrift Supervision--Long-Term Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2967 12 CFR 545 Directors and Officers................................................... 1550-AB19 2968 12 CFR 563e Community Reinvestment Act.............................................. 1550-AB48 ---------------------------------------------------------------------------------------------------------------- Office of Thrift Supervision--Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identification Number Number ---------------------------------------------------------------------------------------------------------------- 2969 12 CFR 563b Mutual Savings Associations, Mutual Holding Company Reorganizations, and 1550-AB24 Conversions......................................................................... 2970 12 CFR 567 Capital: Qualifying Mortgage Loan, Interest Rate Risk Component, and 1550-AB45 Miscellaneous Changes............................................................... 2971 12 CFR 560 Alternative Mortgage Transaction Parity Act; Preemption.................. 1550-AB51 ---------------------------------------------------------------------------------------------------------------- _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage Departmental Offices (DO) _______________________________________________________________________ 2459. [bull] AMENDMENTS TO THE GOVERNMENT SECURITIES ACT REGULATIONS: CUSTOMER PROTECTION-RESERVES AND CUSTODY OF SECURITIES Priority: Substantive, Nonsignificant Legal Authority: 15 USC 78o-5(b)(1)(A); 15 USC 78o-5(b)(4) CFR Citation: 17 CFR 403.4 Legal Deadline: None Abstract: The proposal would allow for the expansion of the categories of collateral registered Government securities brokers and dealers may pledge when borrowing fully paid or excess margin securities from customers. This proposal is a conforming technical amendment to the Government Securities Act regulations based on the Securities and Exchange Commission's previously proposed revisions to its customer protection requirements for brokers and dealers subject to the requirements of 17 CFR 240.15c3-3(b)(3). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 NPRM Comment Period End 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Lori Santamorena, Executive Director, Department of the Treasury, Bureau of the Public Debt, Room 315, Government Securities Regulations Staff, 999 E Street NW., Washington, DC 20239-0001 Phone: 202 691-3632 Fax: 202 219-3639 Email: govsecreg@bpd.treas.gov Deidere R. Brewer, Government Securities Specialist, Department of the Treasury, Bureau of the Public Debt, Room 315, Government Securities Regulations Staff, 999 E Street NW., Washington, DC 20239-001 Phone: 202 691-3632 Fax: 202 219-3639 Email: govsecreg@bpd.treas.gov Kevin Hawkins, Government Securities Specialist, Department of the Treasury, Bureau of the Public Debt, Room 315, Government Securities Regulations Staff, 999 E Street NW., Washington, DC 20239-0001 Phone: 202 691-3632 Fax: 202 219-3639 Email: govsecreg@bpd.treas.gov RIN: 1505-AA94 _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage Departmental Offices (DO) _______________________________________________________________________ 2460. AMENDMENTS TO THE LARGE POSITION RULES Priority: Substantive, Nonsignificant Legal Authority: 15 USC 78o-5(f) CFR Citation: 17 CFR 420 Legal Deadline: None Abstract: The rule amends the large position recordkeeping and reeporting requirements pertaining to very large positions in certain Treasury securities. The modifications will improve the information available to Treasury and other regulators. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/31/02 67 FR 49630 NPRM Comment Period End 09/16/02 Final Action 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Lori Santamorena, Executive Director, Department of the Treasury, Bureau of the Public Debt, Room 315, Government Securities Regulations Staff, 999 E Street NW., Washington, DC 20239-0001 Phone: 202 691-3632 Fax: 202 219-3639 Email: govsecreg@bpd.treas.gov [[Page 75007]] Lee Grandy, Associate Director, Department of the Treasury, Bureau of the Public Debt, Room 315, Government Securities Regulations Staff, 999 E Street NW., Washington, DC 20239-0001 Phone: 202 691-3632 Fax: 202 219-3639 Email: govsecreg@bpd.treas.gov RIN: 1505-AA88 _______________________________________________________________________ 2461. [bull] DEPARTMENT OF THE TREASURY ACQUISITION REGULATION Priority: Substantive, Nonsignificant Legal Authority: EO 12931, as amended, 41 USC 401, et seq; 41 USC 414; 31 USC 5136; 48 CFR ch 1, subpart 1.3 CFR Citation: 48 CFR ch 10 Legal Deadline: None Abstract: The Department of the Treasury is revising the Department of the Treasury Regulation (DTAR) in its entirety. Treasury has rewritten the DTAR into plain English, and has also updated the regulation to reflect changes to the Federal Acquisition Regulation. The DTAR includes both policy direction and regulatory guidance. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Angelie Jackson, Department of the Treasury, Suite 400w, Office of the Procurement Executive, 1500 Pennsylvania Avenue NW., c/o 1310 G Street NW., Washington, DC 20220 Phone: 202 622-0245 Fax: 202 622-2273 Email: angelie.jackson@do.treas.gov RIN: 1505-AA89 _______________________________________________________________________ 2462. [bull] TREASURY DEBT COLLECTION Priority: Substantive, Nonsignificant Legal Authority: 5 USC 5514; 26 USC 6402; 31 USC 321; 31 USC 3701; 31 UC 3711; 31 USC 3716 to 3718; 31 USC 3720A; 31 USC 3720B; 31 USC 3720D CFR Citation: 31 CFR 5 Legal Deadline: None Abstract: This rule updates the Department of the Treasury's debt collection regulations to conform with the Debt Collection Improvement Act of 1996, the revised Federal Claims Collection Standards, and other laws applicable to the collection of debts owed to Treasury. This rule also updates Treasury's regulations governing the offset of Treasury- issued payments to collect debts owed to other Federal agencies. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 11/00/02 Interim Final Rule Comment Period End 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: Cathy Thomas, Department of the Treasury, Metropolitan Square Room 6228, Office of the Deputy Chief Financial Officer, 1500 Pennsylvania Avenue NW., Washington, DC 20220 Phone: 202 622-0817 Fax: 202 622-2318 RIN: 1505-AA90 _______________________________________________________________________ 2463. [bull] BANK ENTERPRISE AWARD (BEA) PROGRAM Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1834a; 12 USC 4703 note; 12 USC 4713; 31 USC 321; PL 104-19 CFR Citation: 12 CFR 1806 Legal Deadline: None Abstract: The revisions contain a number of changes, which clarify current requirements, and change some others. This rule also simplifies current requirements and updates various references. However, in order to facilitate implementation of the BEA Program regulations by participating insured depository institutions, the complete text of the regulations, as amended, is published by this interim rule. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 11/00/02 Interim Final Rule Comment Period End 01/00/03 Interim Final Rule Effective 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Ashanti McCallum, Legal Assistant, Department of the Treasury, Suite 200, 601 13th Street NW., Washington, DC 20005 Phone: 202 622-9018 Fax: 202 622-8244 Email: mccallum@cdfi.treas.gov RIN: 1505-AA91 _______________________________________________________________________ 2464. [bull] COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI) PROGRAM Priority: Substantive, Nonsignificant Legal Authority: 12 USC 4703; 12 USC 4703 note; 12 USC 4717; 31 USC 321 CFR Citation: 12 CFR 1805 Legal Deadline: None Abstract: This revised interim rule: revises the primary mission eligibility test to comply with the plain meaning of the Community Development Banking and Financial Institutions Act of 1994 (the Act); reduces the frequency of previously approved collections of information by replacing semiannual reporting requirements with annual reporting requirements; clarifies the terms and conditions underlying an award of assistance prior to the execution of an assistance program; achieves regulatory economy and efficiency by deleting references to application content requirements and other matters that have been and will continue to be thoroughly addressed in the various applications and in the Notices of Funds Availability (NOFA); and makes technical and clarifying changes that the Fund believes will generally inure to the benefit of CDFIs and entities proposing to become CDFIs. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 NPRM Comment Period End 01/00/03 Interim Final Rule 11/00/02 Interim Final Rule Comment Period End 01/00/03 [[Page 75008]] Interim Final Rule Effective 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Ashanti McCallum, Legal Assistant, Department of the Treasury, Suite 200, 601 13th Street NW., Washington, DC 20005 Phone: 202 622-9018 Fax: 202 622-8244 Email: mccallum@cdfi.treas.gov RIN: 1505-AA92 _______________________________________________________________________ 2465. [bull] COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI) PROGRAM NPRM Priority: Substantive, Nonsignificant Legal Authority: 12 USC 4703; 12 USC 4703 note; 12 USC 4717; 31 USC 321 CFR Citation: 12 CFR 1805 Legal Deadline: None Abstract: We are proposing changes to require entities certified by us as Community Development Financial Institutions (CDFIs) to submit reports that we may from time to time require to enable us to better: 1) evaluate the impact of the CDFI Program; and 2) monitor such entities' continued eligibility as certified CDFIs. We are also proposing to give the Fund the discretion to decertify a certified CDFI that does not timely submit such required reports. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 NPRM Comment Period End 01/00/03 Interim Final Rule 11/00/02 Interim Final Rule Comment Period End 01/00/03 Interim Final Rule Effective 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Ashanti McCallum, Legal Assistant, Department of the Treasury, Suite 200, 601 13th Street NW., Washington, DC 20005 Phone: 202 622-9018 Fax: 202 622-8244 Email: mccallum@cdfi.treas.gov RIN: 1505-AA93 _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions Departmental Offices (DO) _______________________________________________________________________ 2466. POSSIBLE REGULATION OF ACCESS TO ACCOUNTS AT FINANCIAL INSTITUTIONS THROUGH PAYMENT SERVICE PROVIDERS Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. CFR Citation: 31 CFR ch II Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 01/08/99 64 FR 1149 ANPRM Comment Period End 04/08/99 Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Agency Contact: Roger Bezdek Phone: 202 622-1807 RIN: 1505-AA74 _______________________________________________________________________ 2467. FINANCIAL ACTIVITIES OF FINANCIAL SUBSIDIARIES Priority: Substantive, Nonsignificant CFR Citation: Not Yet Determined Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 03/20/00 65 FR 14819 Interim Final Rule Effective 03/14/00 Interim Final Rule Comment Period End 05/15/00 Next Action Undetermined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Gary W. Sutton Phone: 202 622-1976 Fax: 202 622-1974 Email: gary.sutton@do.treas.gov RIN: 1505-AA80 _______________________________________________________________________ 2468. FINANCIAL SUBSIDIARIES Priority: Substantive, Nonsignificant CFR Citation: Not Yet Determined Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Gary W. Sutton Phone: 202 622-1976 Fax: 202 622-1974 Email: gary.sutton@do.treas.gov RIN: 1505-AA81 _______________________________________________________________________ 2469. SECRETARY'S DETERMINATION OF REAL ESTATE BROKERAGE Priority: Substantive, Nonsignificant CFR Citation: 12 CFR 1501.2 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/03/01 66 FR 307 NPRM Comment Period End 03/02/01 NPRM Comment Period Extended 05/01/01 66 FR 12440 Next Action Undetermined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Gary W. Sutton Phone: 202 622-1976 Fax: 202 622-1974 Email: gary.sutton@do.treas.gov RIN: 1505-AA84 _______________________________________________________________________ 2470. SECRETARY'S DETERMINATION OF OTHER ACTIVITIES FINANCIAL IN NATURE Priority: Substantive, Nonsignificant CFR Citation: 12 CFR 1501.2 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 01/02/01 66 FR 257 [[Page 75009]] Interim Final Rule Effective 01/02/01 Interim Final Rule Comment Period End 02/02/01 Next Action Undetermined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Gary W. Sutton Phone: 202 622-1976 Fax: 202 622-1974 Email: gary.sutton@do.treas.gov RIN: 1505-AA85 _______________________________________________________________________ 2471. COMMON RULE SUSPENSION AND DEBARMENT Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 19; 31 CFR 20 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/23/02 67 FR 3265 NPRM Comment Period End 03/25/02 Next Action Undetermined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Cathy Thomas Phone: 202 622-0817 Fax: 202 622-2318 RIN: 1505-AA86 _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions Departmental Offices (DO) _______________________________________________________________________ 2472. COUNTER MONEY LAUNDERING REQUIREMENTS--CORRESPONDENT ACCOUNTS; FOREIGN SHELL BANKS Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 103 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Transferred To 1506-AA35 09/23/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Gary W. Sutton Phone: 202 622-1976 Fax: 202 622-1974 Email: gary.sutton@do.treas.gov RIN: 1505-AA87 BILLING CODE 4810-25-S _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage Financial Crimes Enforcement Network (FINCEN) _______________________________________________________________________ 2473. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--DELEGATION OF AUTHORITY TO ASSESS CIVIL MONEY PENALTIES ON DEPOSITORY INSTITUTIONS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5321(e), Bank Secrecy Act CFR Citation: 31 CFR 103 Legal Deadline: None Abstract: This NPRM proposes to delegate to the appropriate Federal banking regulatory agencies, the authority to assess civil money penalties on depository institutions for violations of the Bank Secrecy Act. The regulation would prescribe the parameters of the delegated authority. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA08 _______________________________________________________________________ 2474. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT THAT FINANCIAL INSTITUTIONS ESTABLISH ANTI-MONEY LAUNDERING PROGRAMS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5316(h) CFR Citation: 31 CFR 103.65; 31 CFR 103.66; 31 CFR 103.67 Legal Deadline: Final, Statutory, April 24, 2002, PL 107-56, sec 352. Abstract: FinCEN will issue a series of regulations regarding anti- money laundering program requirements for various financial institutions, as defined in the Bank Secrecy Act (BSA). Timetable: ________________________________________________________________________ Anti-Money Laundering Programs for Businesses Engaged in Vehicle Sales, Including Automobile, Airplane & Boat Sales NPRM 12/00/02 Anti-Money Laundering Programs for Dealers in Precious Metals, Stones or Jewels NPRM 11/00/02 Anti-Money Laundering Programs for Financial Institutions Interim Final Rule 04/29/02 (67 FR 21110) Interim Final Rule Comment Period End 05/29/02 Final Action 12/00/02 Anti-Money Laundering Programs for Insurance Companies NPRM 09/26/02 (67 FR 60625) NPRM Comment Period End 11/25/02 Final Rule 12/00/02 Anti-Money Laundering Programs for Loan & Finance Companies NPRM 11/ 00/02 Anti-Money Laundering Programs for Money Services Businesses Interim Final Rule 04/29/02 (67 FR 21114) Interim Final Rule Comment Period End 05/29/02 Final Action 12/00/02 Anti-Money Laundering Programs for Mutual Funds Interim Final Rule 04/ 29/02 (67 FR 21117) Interim Final Rule Comment Period End 05/29/ 02 Final Action 12/00/02 [[Page 75010]] Anti-Money Laundering Programs for Operators of a Credit Card System Interim Final Rule 04/29/02 (67 FR 21121) Interim Final Rule Comment Period End 05/29/02 Final Action 12/00/02 Anti-Money Laundering Programs for Unregistered Investment Companies NPRM 09/26/02 (67 FR 60617) NPRM Comment Period End 11/25/ 02 Final Rule 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA28 _______________________________________________________________________ 2475. [bull] FINANCIAL CRIMES ENFORCEMENT NETWORK; AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT THAT CURRENCY EXCHANGERS REPORT SUSPICIOUS TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5318(g) CFR Citation: 31 CFR 103.20 Legal Deadline: None Abstract: This NPRM proposes to require currency exchangers to report suspicious transactions to the Department of the Treasury. The amendments constitute a further step in the creation of a comprehensive systems (to which other money services businesses are already subject) for the reporting of suspicious transactions by financial institutions. Such a system is a core component of the counter-money laundering strategy of the Department of the Treasury. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/17/02 67 FR 64075 NPRM Comment Period End 12/16/02 Final Rule 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA34 _______________________________________________________________________ 2476. [bull] FINANCIAL CRIMES ENFORCEMENT NETWORK; AMENDMENT TO THE BANK SECRECY ACT REGULATIONS REQUIREMENT THAT INSURANCE COMPANIES REPORT SUSPICIOUS TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1829b; 12 USC 1951 to 1959; 31 USC 5311 to 5332 CFR Citation: 31 CFR 103.16 Legal Deadline: None Abstract: This NPRM proposes to require insurance companies to report suspicious transactions to the Department of the Treasury. The amendments constitute a further step in the creation of a comprehensive system for the reporting of suspicious transactions by the major categories of financial institutions operating in the U.S. as a part of the counter-money laundering program of the Department of the Treasury. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/17/02 67 FR 64067 NPRM Comment Period End 12/16/02 Final Rule 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA36 _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage Financial Crimes Enforcement Network (FINCEN) _______________________________________________________________________ 2477. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS REGARDING REPORTING OF CROSS-BORDER TRANSPORTATION OF CERTAIN MONETARY INSTRUMENTS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5312(a)(3), Bank Secrecy Act CFR Citation: 31 CFR 103 Legal Deadline: None Abstract: This rule will require reporting of cross-border transportation of certain negotiable instruments. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/22/97 62 FR 3249 NPRM Comment Period End 04/22/97 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA15 _______________________________________________________________________ 2478. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--EXEMPTIONS FROM THE REQUIREMENT TO REPORT TRANSACTIONS IN CURRENCY Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1829b; 12 USC 1951 to 1959; 31 USC 5311 to 5330 CFR Citation: 31 CFR 103 Legal Deadline: None Abstract: This document contains an interim rule that further reforms and simplifies the process by which depository institutions may exempt transactions of retail and other [[Page 75011]] businesses from the requirement to report transactions in currency in excess of $10,000. The interim rule is part of a continuing program to reduce unnecessary burdens upon financial institutions complying with the Bank Secrecy Act and increase the cost-effectiveness of the counter-money laundering policies of the Department of the Treasury. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 07/28/00 65 FR 46356 Interim Final Rule Effective 07/31/00 Interim Final Rule Comment Period End 09/26/00 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA23 _______________________________________________________________________ 2479. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT THAT NONFINANCIAL TRADES OR BUSINESSES REPORT CERTAIN CURRENCY TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1829b; 12 USC 1951 to 1959; 31 USC 5311 et seq.; PL 107-56 CFR Citation: 31 CFR 103.30 Legal Deadline: Final, Statutory, April 26, 2002, Interim rule published 12/31/2001. Abstract: This document contains an interim rule amending the Bank Secrecy Act regulations to require certain persons to report currency received in the course of their trade or business. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/31/01 66 FR 67685 NPRM Comment Period End 03/01/02 Interim Final Rule 12/31/01 66 FR 67680 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA25 _______________________________________________________________________ 2480. [bull] DUE DILIGENCE REQUIREMENTS FOR CORRESPONDENT ACCOUNTS AND PRIVATE BANKING ACCOUNTS Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 31 USC 5318(i) CFR Citation: 31 CFR 103.175-103.178 Legal Deadline: Final, Statutory, July 23, 2002, PL 107-56, sec 312. Abstract: Section 5318(i) of title 31, U.S. Code, added by section 312 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act) of 2001 requires U.S. financial institutions to establish due diligence policies, procedures, and controls reasonably designed to detect and report money laundering through correspondent accounts and private banking accounts that U.S. financial institutions establish or maintain for non-U.S. persons. Section 312 takes effect on July 23, 2002, whether or not Treasury has issued a final rule implementing that provision. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/30/02 67 FR 37736 NPRM Comment Period End 07/01/02 Interim Final Rule 07/23/02 67 FR 48347 Interim Final Rule Effective 07/23/02 Interim Final Rule Comment Period End 08/22/02 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA29 _______________________________________________________________________ 2481. [bull] CUSTOMER IDENTIFICATION PROGRAMS FOR BANKS, SAVINGS ASSOCIATIONS, AND CREDIT UNIONS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5318(l) CFR Citation: 31 CFR 103.121 Legal Deadline: Final, Statutory, October 25, 2002, PL 107-56, sec 352. Abstract: This NPRM proposes to require banks, savings associations, and credit unions to establish written customer identification programs. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/23/02 67 FR 48290 NPRM Comment Period End 09/06/02 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA31 _______________________________________________________________________ 2482. [bull] CUSTOMER IDENTIFICATION PROGRAM FOR BROKER-DEALERS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5318(l) CFR Citation: 31 CFR 103.122 Legal Deadline: Final, Statutory, October 25, 2002, PL 107-56, sec 352. Abstract: This NPRM proposes to require securities broker-dealers to establish written customer identification programs. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/23/02 67 FR 48206 NPRM Comment Period End 09/06/02 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No [[Page 75012]] Government Levels Affected: None Federalism: Undetermined Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA32 _______________________________________________________________________ 2483. [bull] CUSTOMER IDENTIFICATION PROGRAM FOR MUTUAL FUNDS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5318(l) CFR Citation: 31 CFR 103.131 Legal Deadline: Final, Statutory, October 25, 2002, PL 107-56, sec 352. Abstract: This NPRM proposes to require mutual funds to establish written customer identification programs. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/23/02 67 FR 48318 NPRM Comment Period End 09/06/02 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA33 _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions Financial Crimes Enforcement Network (FINCEN) _______________________________________________________________________ 2484. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SPECIAL REPORTING AND RECORDKEEPING REQUIREMENTS--MONEY SERVICES BUSINESSES (MSBS) Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 103 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/21/97 62 FR 27909 NPRM Comment Period End 09/30/97 Final Action To Be Determined Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Agency Contact: Office of the Chief Counsel Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA19 _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions Financial Crimes Enforcement Network (FINCEN) _______________________________________________________________________ 2485. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS ACTIVITY REPORTING--BROKER/DEALERS Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 103 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 07/01/02 67 FR 44048 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA21 _______________________________________________________________________ 2486. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS ACTIVITY REPORTING--CASINOS Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 103 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 09/26/02 67 FR 60722 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA22 _______________________________________________________________________ 2487. FINANCIAL CRIMES ENFORCEMENT NETWORK; SPECIAL INFORMATION SHARING PROCEDURES TO DETER MONEY LAUNDERING AND TERRORIST ACTIVITY Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 103.90; 31 CFR 103.110 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 09/26/02 67 FR 60579 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA27 [[Page 75013]] _______________________________________________________________________ 2488. [bull] NOTICE OF WITHDRAWAL OF EXEMPTION Priority: Substantive, Nonsignificant Legal Authority: 31 USC 5318(a)(6); 31 CFR 103.86 CFR Citation: None Legal Deadline: None Abstract: This notice rescinded an exemption from the provisions of the Bank Secrecy Act regulations granted in 1972 to persons required to register as brokers or dealers in securities (``broker-dealers'') solely to permit the sale of variable annuities contracts issued by life insurance companies. Such entities must now comply with Bank Secrecy Act regulations with respect to activity requiring the company to register with the Securities Exchange Commission as a broker-dealer. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 07/24/02 67 FR 48388 Final Action Effective 08/23/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel, Department of the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 Phone: 703 905-3590 Fax: 703 905-3735 RIN: 1506-AA30 _______________________________________________________________________ 2489. COUNTER MONEY LAUNDERING REQUIREMENTS--CORRESPONDENT ACCOUNTS; FOREIGN SHELL BANKS Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 103 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Rule 09/26/02 67 FR 60562 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Office of the Chief Counsel Phone: 703 905-3590 Fax: 703 905-3735 Related RIN: Previously reported as 1505-AA87 RIN: 1506-AA35 BILLING CODE 4820-02-S _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage Financial Management Service (FMS) _______________________________________________________________________ 2490. INDORSEMENT AND PAYMENT OF CHECKS DRAWN ON THE UNITED STATES TREASURY Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 12 USC 391; 31 USC 321; 31 USC 3327; 31 USC 3328; 31 USC 3331; 31 USC 3334; 31 USC 3343; 31 USC 3702; 31 USC 3702 note; 31 USC 3711; 31 USC 3712; 31 USC 3716; 31 USC 3717; 318 US 363 (1943); 332 US 234 (1947) CFR Citation: 31 CFR 240 Legal Deadline: None Abstract: Notice of proposed rulemaking II (NPRM II) was a reissuance of NPRM I published on 9/21/95, which proposed to fix the time by which Treasury can decline payment on Treasury checks, provide financial institutions with a date certain for final payments, and provide greater clarity by defining previously undefined terms. NPRM I also proposed that the Department of the Treasury may instruct Federal Reserve Banks to intercept benefit payment checks to deceased payees and to return, unpaid, those checks. In addition to the revisions proposed in NPRM I, NPRM II announced the Department of the Treasury's intent that this regulation supersede Federal common law regarding the risk of loss on checks containing forged disbursing officer signatures, such as counterfeits. The Interim Final Rule will amend this regulation to implement provisions of the Debt Collection Improvement Act of 1996 authorizing the collection of debts owed by presenting banks through Treasury Check Offset. NPRM III is a reissuance of NPRM II and will address, at a minimum, the issues in NPRMs I and II. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM I 09/21/95 60 FR 48940 NPRM Comment Period End 11/06/95 NPRM II 05/30/97 62 FR 29314 NPRM III 12/00/02 Interim Final Rule 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Agency Contact: Ronald E. Brooks, Senior Program and Policy Analyst, Financial Operations, Department of the Treasury, Financial Management Service, Room 725-D, 3700 East-West Highway, Hyattsville, MD 20782 Phone: 202 874-7573 Email: ronald.brooks@fms.treas.gov RIN: 1510-AA45 _______________________________________________________________________ 2491. CLAIMS ON ACCOUNT OF TREASURY CHECKS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 321; 31 USC 3328; 31 USC 3331; 31 USC 3343; 31 USC 3702; 31 USC 3712 CFR Citation: 31 CFR 245 Legal Deadline: None Abstract: Title 31 CFR part 245 governs the issuance of replacement checks for checks drawn on the United States Treasury when: 1) the original check has been lost, stolen, destroyed or mutilated or defaced to such an extent that it is rendered non-negotiable; 2) the original check has been negotiated and paid on a forged or unauthorized indorsement; and 3) the original check has been cancelled pursuant to 31 CFR part 240. This regulation is being revised to update the regulation's definitions to make them consistent with the language of the proposed revisions to the definitions in 31 CFR part 240. Other revisions will govern the use of the Check Forgery Insurance Fund (Fund). The Fund is a revolving fund established to settle payee claims of non-receipt where the original check has been fraudulently negotiated. The Fund ensures that innocent payees, whose Treasury checks have been [[Page 75014]] fraudulently cashed, receive replacement checks in a timely manner. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: Ella White, Program Analyst, Department of the Treasury, Financial Management Service, Room 8D25, 3700 East-West Highway, Hyattsville, MD 20782 Phone: 202 874-8445 RIN: 1510-AA51 _______________________________________________________________________ 2492. PAYMENT OF FEDERAL TAXES AND THE TREASURY TAX AND LOAN PROGRAM Priority: Other Significant Unfunded Mandates: Undetermined Legal Authority: 12 USC 90; 12 USC 265; 12 USC 266; 12 USC 321; 12 USC 323; 12 USC 332; 12 USC 391; 12 USC 1452(d); 12 USC 1464(k); 12 USC 1767; 12 USC 1789(a); 12 USC 2013; 12 USC 2122; 12 USC 3102; 12 USC 6302; 31 USC 3301 to 3304 CFR Citation: 31 CFR 203 Legal Deadline: None Abstract: This first rule amends the regulation to provide the Secretary greater flexibility to adjust the rate of interest charged on funds loaned through the Treasury Tax and Loan (TT&L) program. The rule also allows for a new TT&L investment option for financial institutions. This second rule includes general revisions that will provide needed updates to support operational changes to the system used for the collection of corporate withholding taxes and the investment of the Government's excess operating funds; streamline the regulation by converting to the plain language standard; and incorporate other needed updates. Timetable: ________________________________________________________________________ General Revisions NPRM 11/00/02 Final Action 06/00/03 Treasury Tax and Loan Rate of Interest NPRM 07/30/99 (64 FR 41747) NPRM Comment Period End 09/28/99 Final Action 03/15/02 (67 FR 11573) Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Walt Henderson, Senior Financial Program Specialist, Cash Management Policy and Planning Directorate, Department of the Treasury, Financial Management Service, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6705 Email: walt.henderson@fms.treas.gov RIN: 1510-AA79 _______________________________________________________________________ 2493. MANAGEMENT OF FEDERAL AGENCY RECEIPTS AND DISBURSEMENTS; OPERATION OF THE CASH MANAGEMENT IMPROVEMENT FUND Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 5 USC 301; 31 USC 321; 31 USC 3301; 31 USC 3302; 31 USC 3321; 31 USC 3327; 31 USC 3332; 31 USC 3335; 31 USC 3720; 31 USC 6503 CFR Citation: 31 CFR 206 Legal Deadline: None Abstract: This regulation governs collection and deposit regulations requiring timely methods, principally Electronic Funds Transfer (EFT), for the collection and deposit of funds as authorized by section 2652 of the Deficit Reduction Act of 1984. This regulation also incorporates revisions authorized by the Cash Management Act of 1990 and the Cash Management Improvement Act Amendments of 1992. These revisions require executive agencies to use effective, efficient disbursement mechanisms, principally EFT, in the delivery of payments. An agency's failure to comply with this regulation may result in a charge equal to the cost of such non-compliance to the Treasury's General Fund. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Agency Contact: Stephen Kenneally, Financial Program Specialist, Cash Management Policy and Planning Division, Department of the Treasury, Financial Management Service, Room 408D, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6799 Email: stephen.kenneally@fms.treas.gov RIN: 1510-AA86 _______________________________________________________________________ 2494. WITHHOLDING OF DISTRICT OF COLUMBIA, STATE, CITY AND COUNTY INCOME OR EMPLOYMENT TAXES BY FEDERAL AGENCIES Priority: Substantive, Nonsignificant Legal Authority: 5 USC 5516; 5 USC 5517; 5 USC 5520; EO 1197, sec 4 CFR Citation: 31 CFR 215 Legal Deadline: None Abstract: This regulation governs the agreements entered into by the Department of the Treasury and State and local governments for the withholding of State and local income taxes from the compensation of Federal employees. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal, State, Local Agency Contact: Stephen Kenneally, Financial Program Specialist, Cash Management Policy and Planning Division, Department of the Treasury, Financial Management Service, Room 408D, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6799 Email: stephen.kenneally@fms.treas.gov RIN: 1510-AA90 [[Page 75015]] _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage Financial Management Service (FMS) _______________________________________________________________________ 2495. FOREIGN EXCHANGE OPERATIONS Priority: Substantive, Nonsignificant Legal Authority: 22 USC 2363; 31 USC 3513; EO 10488; EO 10900 CFR Citation: 31 CFR 281 Legal Deadline: None Abstract: This regulation governs the administration of the purchase, custody, deposit, transfer, sale and reporting of foreign exchange (including credits and currencies) by executive departments and agencies. Currently, this regulation allows the purchase of foreign currency to an amount which, together with the balance on hand in the bank, may not exceed estimated requirements for a 30-day period. The revised rule allows the purchase of foreign currency to a balance ``commensurate with immediate disbursing requirements.'' Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/29/96 61 FR 2750 NPRM Comment Period End 02/28/96 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: Stephen Kenneally, Financial Program Specialist, Cash Management Policy and Planning Division, Department of the Treasury, Financial Management Service, Room 408D, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6799 Email: stephen.kenneally@fms.treas.gov Walt Henderson, Senior Financial Program Specialist, Cash Management Policy and Planning Directorate, Department of the Treasury, Financial Management Service, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6705 Email: walt.henderson@fms.treas.gov RIN: 1510-AA48 _______________________________________________________________________ 2496. PAYMENTS UNDER JUDGMENT AND PRIVATE RELIEF ACTS Priority: Substantive, Nonsignificant Legal Authority: PL 104-53; PL 104-316; 28 USC 2414; 28 USC 2517; 31 USC 1304 CFR Citation: 31 CFR 256 Legal Deadline: None Abstract: This regulation governs the procedures for securing payment for money judgments against the United States. The proposed revision will update these procedures. This revision will benefit claimants and others in understanding the judgment payment process. This regulation currently describes a process that involves the General Accounting Office (GAO) and the Treasury Department. The revision will remove the GAO from this description to reflect legislative amendments that effect this change. Also, the regulation currently identifies monetary thresholds that no longer exist. The change will reflect the removal of these monetary limitations. These revisions will make the regulation consistent with current procedures for securing payment of money judgments against the United States. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/08/96 61 FR 552 NPRM Comment Period End 02/07/96 Final Action 09/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Agency Contact: Wanda Rogers, Director, Financial Accounting and Services Division, Department of the Treasury, Financial Management Service, Room 620D, 3700 East-West Highway, Hyattsville, MD 20782 Phone: 202 874-8380 Email: wanda.rogers@fms.treas.gov RIN: 1510-AA52 _______________________________________________________________________ 2497. OFFSET OF FEDERAL PAYMENTS (OTHER THAN TAX REFUND AND FEDERAL BENEFIT PAYMENTS) TO COLLECT PAST-DUE, LEGALLY ENFORCEABLE NONTAX DEBT Priority: Substantive, Nonsignificant Legal Authority: 31 USC 321; 31 USC 3716 CFR Citation: 31 CFR 285.5 Legal Deadline: None Abstract: This rule governs the administrative offset of Federal payments by disbursing officials of the United States. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: Gerry Isenberg, Financial Program Specialist, Debt Management Service, Department of the Treasury, Financial Management Service, Room 44AB, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6660 RIN: 1510-AA65 _______________________________________________________________________ 2498. SALARY OFFSET Priority: Substantive, Nonsignificant Legal Authority: 5 USC 5514 CFR Citation: 31 CFR 285.7 Legal Deadline: None Abstract: This rule governs the centralized computer matching of Federal employee records for purposes of salary offset to collect nontax delinquent debt owed the Federal Government. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 04/28/98 63 FR 23353 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: Gerry Isenberg, Financial Program Specialist, Debt Management Service, Department of the Treasury, Financial Management Service, Room 44AB, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6660 RIN: 1510-AA70 _______________________________________________________________________ 2499. OFFSET OF TAX REFUND PAYMENT TO COLLECT STATE INCOME TAX OBLIGATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6402(e) CFR Citation: 31 CFR 285.8 Legal Deadline: None Abstract: This rule governs the offset of Federal tax refund payments to collect delinquent State income taxes. [[Page 75016]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/20/99 64 FR 71233 Interim Final Rule 12/20/99 64 FR 71227 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: State, Federal Federalism: Undetermined Agency Contact: Dean Balamaci, Director, Business and Agency Liaison Division, Department of the Treasury, Financial Management Service Phone: 202 874-6660 RIN: 1510-AA78 _______________________________________________________________________ 2500. 2003 ACH RULES Priority: Other Significant Legal Authority: 5 USC 5525; 12 USC 391; 31 USC 321; 31 USC 3301; 31 USC 3302; 31 USC 3321; 31 USC 3332; 31 USC 3335; 31 USC 3720 CFR Citation: 31 CFR 210 Legal Deadline: None Abstract: This revision of 31 CFR part 210 will reconcile Government Automated Clearing House (ACH) regulations and private industry rules, as set forth by the National Automated Clearing House Association, by updating the incorporation of certain industry rules into Federal law for the year 2003. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Agency Contact: Walt Henderson, Senior Financial Program Specialist, Cash Management Policy and Planning Directorate, Department of the Treasury, Financial Management Service, 401 14th Street SW., Washington, DC 20227 Phone: 202 874-6705 Email: walt.henderson@fms.treas.gov RIN: 1510-AA89 _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions Financial Management Service (FMS) _______________________________________________________________________ 2501. OFFSET OF FEDERAL PAYMENTS (OTHER THAN TAX REFUND AND FEDERAL BENEFIT PAYMENTS) TO COLLECT PAST-DUE DEBTS OWED TO STATES (OTHER THAN CHILD SUPPORT) Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 285.6 Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Government Levels Affected: State Federalism: Undetermined Agency Contact: Gerry Isenberg Phone: 202 874-6660 RIN: 1510-AA66 _______________________________________________________________________ 2502. PUBLIC DISSEMINATION OF IDENTITY OF DELINQUENT DEBTORS Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 285.14 Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: Gerry Isenberg Phone: 202 874-6660 RIN: 1510-AA72 _______________________________________________________________________ 2503. SURETY BOND REIMBURSEMENT FUND Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. CFR Citation: 31 CFR 223 Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Federalism: Undetermined Agency Contact: Wanda Rogers Phone: 202 874-8380 Email: wanda.rogers@fms.treas.gov RIN: 1510-AA85 _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions Financial Management Service (FMS) _______________________________________________________________________ 2504. RULES AND PROCEDURES FOR EFFICIENT FEDERAL-STATE FUNDS TRANSFERS Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 205 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 05/10/02 67 FR 31880 Regulatory Flexibility Analysis Required: No Government Levels Affected: State, Federal Federalism: This action may have federalism implications as defined in EO 13132. Agency Contact: Stephen Kenneally Phone: 202 874-6799 Email: stephen.kenneally@fms.treas.gov RIN: 1510-AA38 BILLING CODE 4810-35-S [[Page 75017]] _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage Bureau of Alcohol, Tobacco and Firearms (BATF) _______________________________________________________________________ ALCOHOL ____________________________________________________ 2505. EXPORTATION OF LIQUORS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 252 Legal Deadline: None Abstract: ATF proposes the recodification of 27 CFR part 252 to part 28 to eliminate obsolete or unnecessary rules and forms and streamline export processing, while providing adequate protection for the revenue. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 09/08/92 57 FR 40887 ANPRM Comment Period End 10/08/92 ANPRM Comment Period Extended 10/15/92 57 FR 47320 ANPRM Comment Period Extended End 12/07/92 ANPRM 08/09/96 61 FR 41500 ANPRM Comment Period End 12/10/96 NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joanne Brady, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 215 597-5288 RIN: 1512-AA98 _______________________________________________________________________ 2506. REVISION OF BREWERY REGULATIONS AND ISSUANCE OF REGULATIONS FOR TAVERNS ON BREWERY PREMISES (BREWPUBS) Regulatory Plan: This entry is Seq. No. 112 in part II of this issue of the Federal Register. RIN: 1512-AB37 _______________________________________________________________________ 2507. PROHIBITION OF ALCOHOL BEVERAGE CONTAINERS AND STANDARD OF FILL FOR DISTILLED SPIRITS AND WINE Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 4; 27 CFR 5; 27 CFR 7 Legal Deadline: None Abstract: ATF proposes to amend regulations to clarify the standards of fill for distilled spirits and wine. ATF also proposes to amend regulations to prohibit certain alcohol beverage containers that are likely to mislead consumers as to the identity or character of the distilled spirits, wine, or malt beverage products or to be confused with other (nonalcohol) food products. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/09/99 64 FR 6486 NPRM Comment Period End 04/12/99 Revised NPRM-Aggregate Packaging03/00/03 Revised NPRM-Deceptive Packaging03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Lisa Marie Gesser, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 5000, Regulations Division, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-9347 Fax: 202 927-8525 Email: lmgesser@atfhq.atf.treas.gov RIN: 1512-AB89 _______________________________________________________________________ 2508. AMENDED STANDARD OF IDENTITY FOR SHERRY Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 4 Legal Deadline: None Abstract: ATF is considering a petition to allow certain types of wine to be labeled as ``sherry'' rather than ``light sherry.'' Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Marjorie D. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 Email: mdruhf@atfhq.atf.treas.gov RIN: 1512-AB96 _______________________________________________________________________ 2509. FLAVORED MALT BEVERAGES Priority: Substantive, Nonsignificant Legal Authority: 27 USC 211, 205; 26 USC 5052 CFR Citation: 27 CFR 7; 27 CFR 25 Legal Deadline: None Abstract: ATF issued ATF Rulings 96-1 and 2002-2 to address production and labeling of flavored malt beverages. ATF is studying the issue of flavored malt beverages and is considering rulemaking to address production, identity, labeling, formulation, and tax issues. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 NPRM Comment Period End 02/00/03 Final Action 09/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: Businesses Government Levels Affected: None Agency Contact: Charles N. Bacon, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 701, 10 Causeway Street, Boston, MA 02222 Phone: 617 557-1323 Fax: 617 557-1251 Email: cnbacon@bost.atf.treas.gov RIN: 1512-AC11 _______________________________________________________________________ 2510. ALCOHOL BEVERAGE HEALTH WARNING STATEMENT Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205; 27 USC 215 CFR Citation: 27 CFR 16 Legal Deadline: None Abstract: ATF is considering amending the regulations concerning the placement, legibility, and noticeability of the congressionally mandated health warning statement required to appear on the labels of all containers of alcohol beverages. Based on a petition we have received, we wish to gather information by inviting comments from the public and industry as to whether the existing regulations should be revised. [[Page 75018]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 05/22/01 66 FR 28135 ANPRM Comment Period End 08/20/01 NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC12 _______________________________________________________________________ 2511. PRODUCTION OF DRIED FRUIT AND HONEY WINES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 5381; 26 USC 5382; 26 USC 5385; 26 USC 5386; 26 USC 5387 CFR Citation: 27 CFR 24 Legal Deadline: None Abstract: ATF has received two petitions relating to the production of agricultural wines. One petition proposes that the wine regulations be amended to allow for the production of dried fruit wines with an alcohol by volume content of more than 14 percent. The second petition proposes that the regulations be amended to allow for the production of honey wines with a starting Brix of less than 22 degrees. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jennifer Berry, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 111 W. Huron Street, Room 219, Buffalo, NY 14202-2301 Phone: 716 551-4048 RIN: 1512-AC48 _______________________________________________________________________ 2512. PETITION TO ESTABLISH THE SANTA BARBARA HIGHLANDS VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) has received a petition proposing the establishment of Santa Barbara Highlands as an American viticultural area. The proposed Santa Barbara Highlands area is located in Santa Barbara and Ventura Counties in California. The petition was submitted by Mr. Nebil Zarif, President, Barnwood Vineyards. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 RIN: 1512-AC53 _______________________________________________________________________ 2513. PROPOSED SAN BERNABE VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received petitions proposing the establishment of the San Bernabe viticultural area and the realignment of the San Lucas American Viticultural Area (AVA). Both areas are situated within the Central Coast AVA and the Monterey AVA and are located in central Monterey County, California. The proposed San Bernabe AVA would consist of 24,796 acres of land that the petitioner states is predominantly rolling hills with sandy soils that differ from the surrounding Monterey AVA. The San Lucas realignment would transfer 1,100 of its northwest acres to the proposed San Bernabe southern area in an effort to conform with geographic considerations of the new area. These proposals are the result of petitions filed by Claude Hoover of Delicato Family Vineyards. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 RIN: 1512-AC60 _______________________________________________________________________ 2514. PETITION TO ESTABLISH THE TRINITY LAKE VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition from Keith Groves of Alpen Cellars proposing the establishment of a viticultural area located in Trinity County, California. The proposed Trinity Lake viticultural area consists of approximately 96,000 acres. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 RIN: 1512-AC62 [[Page 75019]] _______________________________________________________________________ 2515. CORRECTION OF TECHNICAL ERROR IN 27 CFR PART 4 Priority: Info./Admin./Other Legal Authority: 27 USC 205 CFR Citation: 27 CFR 4 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms is correcting a technical error in 27 CFR 4.22(b) regarding the ameliorating of non- grape wines. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/03/02 67 FR 61998 NPRM Comment Period End 12/02/02 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jennifer Berry, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 111 W. Huron Street, Room 219, Buffalo, NY 14202-2301 Phone: 716 551-4048 RIN: 1512-AC63 _______________________________________________________________________ 2516. PETITION TO ESTABLISH RED HILLS AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: This proposed viticultural area of northern California lies within the Clear Lake viticultural area in Lake County, which is entirely within the multi-county North Coast viticultural area. The area consists of approximately 31,250 acres of hilly terrain covered with rocky, volcanic soil. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 RIN: 1512-AC66 _______________________________________________________________________ 2517. PETITION TO ESTABLISH ``SENECA LAKE'' AS AN AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms is requesting comments from interested parties concerning the proposed establishment of ``Seneca Lake'' as an American viticultural area. The proposed Seneca Lake viticultural area encompasses about 204,600 acres of land surrounding Seneca Lake in upstate New York. The proposed area is located within the approved Finger Lakes viticultural area. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/21/02 67 FR 64575 NPRM Comment Period End 12/20/02 Final Action 04/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Kristy Colon, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 202 927-8206 RIN: 1512-AC70 _______________________________________________________________________ 2518. PETITION TO ESTABLISH ``BENNETT VALLEY'' AS AN AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The proposed 8,100-acre viticultural area is located entirely within the North Coast viticultural area of northern California, Sonoma County, and predominantly within the Sonoma Valley viticultural area. There are small overlaps into the Sonoma Coast and Sonoma Mountain viticultural areas. The petitioned area is approximately 40 miles northeast of San Francisco and is bordered by mountains, foothills, and the City of Santa Rosa. Currently, there are 650 acres of vineyards. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 RIN: 1512-AC72 _______________________________________________________________________ 2519. PETITION FOR THE ESTABLISHMENT OF ``RED HILL'' AS AN AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 26 USC 205(e) CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing the establishment of ``Red Hill'' as an American viticultural area located within the State of Oregon. The proposed viticultural area consists of approximately 1,668 acres or 8.6 square miles. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 RIN: 1512-AC76 [[Page 75020]] _______________________________________________________________________ 2520. PETITION TO CHANGE THE TEMECULA VITICULTURAL AREA'S NAME TO TEMECULA VALLEY Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The proposed name change from Temecula to Temecula Valley is intended to provide a more accurate portrayal of the viticultural area, geographically and politically, and to provide clarity to wine consumers. The boundaries will not change. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/21/02 67 FR 64573 NPRM Comment Period End 12/20/02 Final Action 04/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 RIN: 1512-AC77 _______________________________________________________________________ 2521. [bull] PETITION TO ESTABLISH ``EOLA HILLS'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing the establishment of ``Eola Hills'' as a new American viticultural area in Oregon. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jennifer Berry, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 111 W. Huron Street, Room 219, Buffalo, NY 14202-2301 Phone: 716 551-4048 RIN: 1512-AC78 _______________________________________________________________________ 2522. [bull] PROPOSED ADDITION OF ``MOSCATO GRECO'' AS A GRAPE VARIETY NAME FOR AMERICAN WINES Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 4 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing to add a new name, ``Mosquito Greco,'' to the list of grape variety names used to designate American wines. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jennifer Berry, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 111 W. Huron Street, Room 219, Buffalo, NY 14202-2301 Phone: 716 551-4048 RIN: 1512-AC79 _______________________________________________________________________ 2523. [bull] PETITION TO ESTABLISH ``COLUMBIA GORGE'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing the establishment of the ``Columbia Gorge'' viticultural area located in Hood River and Wasco Counties, Oregon and Skamania and Klickitat Counties, Washington. The area is approximately 280 square miles covering 179,200 acres with 284 acres presented planted to wine grapes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 503 356-1341 RIN: 1512-AC81 _______________________________________________________________________ 2524. [bull] PETITION TO ESTABLISH ``ALEXANDRIA LAKES'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms proposes to establish ``Alexandria Lakes'' as a new American viticultural area. The proposed area is located in Douglas County, Minnesota. This proposal is a result of a petition filed by Robert G. Johnson on behalf of Carlos Creek Winery. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Lisa M. Gesser, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Room 5000, Washington, DC 20226 Phone: 202 927-9347 Fax: 202 927-8525 Email: lmgesser@atfhq.atf.treas.gov RIN: 1512-AC85 _______________________________________________________________________ 2525. [bull] PETITION TO ESTABLISH ``RED HILLS OF DUNDEE'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition from the North Willamette Valley AVA Group proposing to establish the ``Red Hills of Dundee'' [[Page 75021]] American viticultural area in Yamhill County, Oregon. This petitioned viticultural area has 6,490 acres, with 1,264 acres planted to wine grapes, and is on the north side of the Willamette Valley viticultural area in northwest Oregon. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 RIN: 1512-AC91 _______________________________________________________________________ 2526. [bull] PETITION TO ESTABLISH ``SANTA MARIA BENCH'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition from Cambria Winery and Vineyard proposing to establish the ``Santa Maria Bench'' viticultural area in Santa Barbara County, California. The petitioned viticultural area has 3,200 acres, with 1,500 acres planted to wine grapes, and is within the established Santa Maria and the Central Coast viticultural areas. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 RIN: 1512-AC93 _______________________________________________________________________ 2527. [bull] PETITION TO ESTABLISH ``GRAND LAKE O' THE CHEROKEES'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition proposing ``Grand Lake O' the Cherokees'' as a new American viticultural area in Oklahoma. The proposed area is located in the northeastern region of the State. The proposed viticultural area encompasses Craig and portions of Ottawa, Delaware, and Hayes Counties. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 RIN: 1512-AC97 _______________________________________________________________________ 2528. [bull] PETITION TO ESTABLISH ``SNAKE RIVER VALLEY'' AS A NEW VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition proposing ``Snake River Valley'' as a new American viticultural area located in the States of Idaho and Washington. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 RIN: 1512-AC98 _______________________________________________________________________ 2529. [bull] PETITION TO EXPAND THE LIVERMORE VALLEY VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition proposing to expand the boundaries of approved American viticultural area ``Livermore Valley'' located in the State of California. The proposed expanded boundaries encompass approximately 259,000 acres, of which 4,355 acres are devoted to vineyards. The expansion would add approximately 163,000 acres, 120 acres of vineyards and four wineries to the area. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 Related RIN: Related To 1512-AD00 RIN: 1512-AC99 _______________________________________________________________________ 2530. [bull] SAN FRANCISCO BAY AND CENTRAL COAST VITICULTURAL AREAS-- BOUNDARY REALIGNMENT/EXPANSION Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None [[Page 75022]] Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition proposing an expansion/realignment of the boundaries of approved American viticultural areas ``San Francisco Bay'' and ``Central Coast'' located in the State of California. In total, the proposed expanded boundaries encompass approximately 20,000 acres. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 Related RIN: Related To 1512-AC99 RIN: 1512-AD00 _______________________________________________________________________ 2531. [bull] PETITION TO ESTABLISH ``UPPER ARROYO GRANDE'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition proposing the establishment of ``Upper Arroyo Grande,'' located in the State of California, as a new American viticultural area. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 RIN: 1512-AD01 _______________________________________________________________________ 2532. [bull] PETITION TO ESTABLISH ``CHEHALEM MOUNTAINS'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing the establishment of the ``Chehalem Mountains'' viticultural area located in Yamhill, Washington, and Clackamas Counties, Oregon. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 503 356-1341 RIN: 1512-AD02 _______________________________________________________________________ 2533. [bull] PETITION TO ESTABLISH ``RIBBON RIDGE'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing the establishment of the ``Ribbon Ridge'' viticultural area located in the northern part of Yamhill County, Oregon between Newberg and Gaston. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 503 356-1341 RIN: 1512-AD03 _______________________________________________________________________ 2534. [bull] PETITION TO ESTABLISH ``YAMHILL-CARLTON DISTRICT'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing the establishment of the ``Yamhill-Carlton District'' viticultural area. The proposed area falls within the approved boundaries of the Willamette Valley viticultural area in northwest Oregon. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 503 356-1341 RIN: 1512-AD04 _______________________________________________________________________ EXPLOSIVES ____________________________________________________ 2535. COMMERCE IN EXPLOSIVES (INCLUDING EXPLOSIVES IN THE FIREWORKS INDUSTRY) (RULEMAKING RESULTING FROM A SECTION 610 REVIEW) Regulatory Plan: This entry is Seq. No. 113 in part II of this issue of the Federal Register. RIN: 1512-AB48 _______________________________________________________________________ 2536. IDENTIFICATION MARKINGS PLACED ON EXPLOSIVE MATERIALS Priority: Substantive, Nonsignificant Legal Authority: 18 USC 847 CFR Citation: 27 CFR 55 Legal Deadline: None Abstract: ATF is considering amending the regulations to require licensed [[Page 75023]] importers to legibly identify by marking all imported explosive materials. Based on a petition we have received, we wish to gather information by inviting comments from the public and industry on whether the regulations should be amended. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 11/03/00 65 FR 67669 ANPRM Comment Period End 01/12/01 NPRM 10/16/02 67 FR 63862 NPRM Comment Period End 01/14/03 Final Action 06/00/03 Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC25 _______________________________________________________________________ 2537. [bull] COMMERCE IN EXPLOSIVES--EXPLOSIVE PEST CONTROL DEVICES Priority: Substantive, Nonsignificant Legal Authority: 18 USC 847 CFR Citation: 27 CFR 55 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms is proposing to amend the explosive regulations to provide a limited exemption from the requirements of part 55 for wildlife pest control devices that are used for agricultural and other pest control operations. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC80 _______________________________________________________________________ FIREARMS ____________________________________________________ 2538. IMPLEMENTATION OF PUBLIC LAW 105-277, MAKING OMNIBUS CONSOLIDATED AND EMERG. SUPPLEMENTAL APPROPRIATIONS FOR FY 1999, RELATING TO THE PERMANENT PROVISIONS OF THE BRADY HANDGUN VIOLENCE PREVENTION ACT Priority: Substantive, Nonsignificant Legal Authority: 5 USC 552(a); 18 USC 847; 18 USC 921 to 930; 44 USC 3504(h) CFR Citation: 27 CFR 178 Legal Deadline: None Abstract: ATF will amend the regulations to implement the provision of Public Law 105-277, Making Omnibus Consolidated and Emergency Supplemental Appropriations for Fiscal Year 1999, relating to the permanent provisions of the Brady Handgun Violence Prevention Act. The new law allows a licensed pawnbroker to contact the national instant criminal background check system (NICS) prior to taking or receiving a firearm in pawn. If NICS advises the pawnbroker that receipt or possession of the firearm would be in violation of the law, the licensee must advise local law enforcement within 48 hours after receipt of information. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: Federal Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AB83 _______________________________________________________________________ 2539. IMPLEMENTATION OF PUBLIC LAW 105-277 RELATING TO SECURE GUN STORAGE Priority: Substantive, Nonsignificant Legal Authority: 5 USC 552(a); 18 USC 847; 18 USC 421 to 430; 44 USC 3504(h) CFR Citation: 27 CFR 178 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms will issue a notice of proposed rulemaking amending the regulations to implement the provisions of Public Law 105-277, Making Omnibus Consolidated and Emergency Supplemental Appropriations for Fiscal Year 1999. Regulations are proposed with regard to: 1) certification by applicants for dealers' licenses that secure gun storage or safety devices will be available at any place where firearms are sold to nonlicensed individuals; and 2) an amended definition of ``antique firearm,'' to include certain muzzle loading firearms. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 Related RIN: Related To 1512-AB93 RIN: 1512-AC67 _______________________________________________________________________ PROCEDURAL ____________________________________________________ 2540. [bull] ELECTRONIC SIGNATURES; ELECTRONIC SUBMISSION OF ATF FORMS (2000R-458P) Priority: Other Significant Legal Authority: Not Yet Determined CFR Citation: Not Yet Determined Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms proposes to amend the regulations to permit industry members to use electronic technology to reduce the need for and storage of paper documents. In order to accomplish our goals, we are proposing to allow industry members to: (1) use electronic signatures to sign certain ATF forms instead of using traditional handwritten signatures; and (2) submit certain forms to ATF electronically through an electronic document receiving system that we approve. [[Page 75024]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Lisa M. Gesser, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Room 5000, Washington, DC 20226 Phone: 202 927-9347 Fax: 202 927-8525 Email: lmgesser@atfhq.atf.treas.gov RIN: 1512-AC84 _______________________________________________________________________ TOBACCO PRODUCTS ____________________________________________________ 2541. DETERMINATION OF TAX AND RECORDKEEPING ON LARGE CIGARS Priority: Substantive, Nonsignificant Legal Authority: 27 USC 5701; 27 USC 5702 CFR Citation: 27 CFR 40; 27 CFR 275 Legal Deadline: None Abstract: This notice incorporates most of the parts of ATF Industry Circular 91-3, dated March 19, 1991, entitled ``Large Cigar Taxes On and After January, 1991'' that have not been placed in the regulations. ATF Industry Circular 91-3 addressed questions about determining the amount of tax for large cigars based on their sale price. In addition, this notice proposes: 1) to give guidance on tax adjustments for large cigars provided at no cost in connection with a sale, and 2) recordkeeping requirements for persons in Puerto Rico, who bring large cigars upon prepayment or deferred payment of tax into the United States from Puerto Rico. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC22 _______________________________________________________________________ 2542. REGULATORY CHANGES FROM CUSTOMS SERVICE FINAL RULE (2001R-140T) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 44 Legal Deadline: None Abstract: The temporary rule prescribes ATF regulations relating to a U.S. Customs Service (USCS) final rule (T.D. 92-181, 57 FR 37692). The USCS published this final rule to create a separate class of customs bonded warehouses, class 9 (duty-free store). A class 9 customs bonded warehouse (duty-free store) may receive tobacco products or cigarette papers or tubes without payment of Federal excise tax. The temporary rule prescribes the regulations that allow a manufacturer of tobacco products or cigarette papers and tubes and an export warehouse proprietor to send such articles to a class 9 customs bonded warehouse. In addition, the temporary rule prescribes regulations that allow a proprietor of a customs bonded manufacturing warehouse where cigars are manufactured to send such cigars to a class 9 customs bonded warehouse. This notice of proposed rulemaking invites comments on the temporary rule. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Interim Final Rule 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC56 _______________________________________________________________________ 2543. SHIPMENTS OF TOBACCO PRODUCTS OR CIGARETTE PAPERS OR TUBES WITHOUT PAYMENT OF TAX. Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 40; 27 CFR 275 Legal Deadline: None Abstract: The proposed rule clarifies regulations and establishes procedures governing tobacco products or cigarette papers or tubes brought in bond from Puerto Rico to the Untied States. In addition, the proposed rule would allow a manufacturer of tobacco products to receive in bond, cigarette papers and tubes for placement in packages of roll- your-own tobacco and would eliminate filing bond extensions for tobacco products and cigarette papers or tubes from the Virgin Islands. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC57 _______________________________________________________________________ 2544. REMOVAL OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES WITHOUT PAYMENT OF TAX FOR USE OF THE UNITED STATES Priority: Info./Admin./Other Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 45 Legal Deadline: None Abstract: This proposed rule revises, in plain language, the existing regulations relating to the removal of tobacco products and cigarette papers and tubes, without payment of tax, for use of the United States. ATF is proposing this rule to clearly communicate the requirements of these regulations. In addition, we are liberalizing the requirements for emergency variations. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None [[Page 75025]] Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC75 _______________________________________________________________________ 2545. [bull] MARKS, LABELS, NOTICES AND BONDS FOR, AND REMOVAL OF, TOBACCO PRODUCTS, AND CIGARETTE PAPERS AND TUBES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 5704; 26 USC 7805 CFR Citation: 27 CFR 40; 27 CFR 275 Legal Deadline: None Abstract: This notice of proposed rulemaking requires labels, notices and marks for removals, in bond, of tobacco products or cigarette papers and tubes that are not in packages. This notice proposes new sections that prohibit the removal of tobacco products or cigarette papers or tubes which are not in packages for domestic uses. Packages are the immediate containers in which a manufacturer or importer places the tobacco products or cigarette papers or tubes for sale or delivery to the consumer. Also, this notice broadens the language for extending bonds so that manufacturers may receive tobacco products, cigarette papers and tubes, without payment of tax, from Puerto Rico. This notice may affect the operations conducted by manufacturers of tobacco products or cigarette papers and tubes and importers of tobacco products. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC90 _______________________________________________________________________ 2546. [bull] IN-TRANSIT STOPS OF TOBACCO PRODUCTS, AND CIGARETTE PAPERS AND TUBES, AND RELATED RECORDS, WITHOUT PAYMENT OF TAX Priority: Substantive, Nonsignificant Legal Authority: 26 USC 5704 CFR Citation: 27 CFR 40; 27 CFR 44 Legal Deadline: None Abstract: This notice is the result of a petition from the Cigar Association of America and the Pipe Tobacco Council. The petition requests that ATF change its position regarding in-transit stops of tobacco products or cigarette papers and tubes after removal without payment of tax from a factory. ATF has taken the position that the law provides that manufacturers may remove the tobacco products and cigarette papers and tubes by paying the excise tax and subsequently filing a claim for drawback. This notice proposes clarifying the regulations to recognize such in-transit stops and specifies records that manufacturers and export warehouse proprietors maintain relating to the removals without payment of tax. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC95 _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage Bureau of Alcohol, Tobacco and Firearms (BATF) _______________________________________________________________________ ALCOHOL ____________________________________________________ 2547. LABELING OF UNAGED GRAPE BRANDY Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 5 Legal Deadline: None Abstract: ATF proposes to amend the regulations to permit the use of the word ``unaged'' as an alternative to ``immature,'' to describe grape brandy that has not been stored in oak containers. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/13/96 61 FR 30015 NPRM Comment Period End 09/11/96 Final Action 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AB46 _______________________________________________________________________ 2548. DISTILLED SPIRITS PLANT REGULATORY INITIATIVE PROPOSAL Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 19.11; 27 CFR 19.1003; 27 CFR 19.1010; 27 CFR 19.49; 27 CFR 19.153; 27 CFR 19.201 to 206; 27 CFR 19.311; 27 CFR 19.454; 27 CFR 19.605; 27 CFR 19.770; 27 CFR 19.1001 Legal Deadline: None Abstract: ATF proposes changes to the distilled spirits plant regulations to reduce the regulatory burden and streamline requirements. ATF believes these proposed changes will benefit distilled spirits plant proprietors and other industry members by enabling them to operate more easily and with less regulatory oversight from the Government. ATF is also requesting comments on the possibility of revising the distilled spirits plant recordkeeping requirements to accomplish the reinventing Government goals through a system that would be based, as much [[Page 75026]] as possible, on proprietors' own recordkeeping methods. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/30/98 63 FR 65720 NPRM Comment Period End 01/29/99 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joanne Brady, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 215 597-5288 RIN: 1512-AB58 _______________________________________________________________________ 2549. IMPLEMENTATION OF WINE CREDIT PROVISIONS OF PUBLIC LAW 104-188 Priority: Substantive, Nonsignificant Legal Authority: 5 USC 552(a); 26 USC 5041 CFR Citation: 27 CFR 24.278; 27 CFR 24.279 Legal Deadline: None Abstract: ATF is amending wine regulations to implement a change in the law that allows certain transferees in bond to deduct the tax credit for small wine producers. Changes to bond calculations are also included in this regulation. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/02/97 62 FR 29681 Interim Final Rule 06/02/97 62 FR 29663 NPRM Comment Period End 08/01/97 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Marjorie D. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 Email: mdruhf@atfhq.atf.treas.gov RIN: 1512-AB65 _______________________________________________________________________ 2550. IMPLEMENTATION OF PUBLIC LAW 105-34, SECTION 1416, RELATING TO REFUND OF TAX FOR DOMESTIC WINE RETURNED TO BOND REGARDLESS OF MERCHANTABILITY (TAXPAYER RELIEF ACT OF 1997) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 5044; 26 USC 5361; 26 USC 5367; 26 USC 5371 CFR Citation: 27 CFR 24.66; 27 CFR 24.295; 27 CFR 24.312 Legal Deadline: None Abstract: ATF is issuing changes to the wine regulations as a result of the enactment of the Taxpayer Relief Act of 1997 and the Internal Revenue Service Reconstruction and Reform Act of 1998. This amendment informs interested parties of changes by these acts that provide for a refund of the tax for all wine returned to bond, rather than exclusively for unmerchantable or domestic wine returned to bond. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Marjorie D. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 Email: mdruhf@atfhq.atf.treas.gov RIN: 1512-AB74 _______________________________________________________________________ 2551. HEALTH CLAIMS AND OTHER HEALTH RELATED STATEMENTS IN THE LABELING AND ADVERTISING OF ALCOHOL BEVERAGES Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Legal Authority: 27 USC 205 CFR Citation: 27 CFR 4; 27 CFR 5; 27 CFR 7 Legal Deadline: None Abstract: ATF proposes to amend the regulations to prohibit the appearance on labels or in advertisements of any statement that makes a substantive claim regarding health benefits associated with the consumption of alcohol beverages unless such claim is properly qualified. This notice also addresses the use of directional health- related statements and seeks comments on whether the negative consequences of alcohol consumption or abuse disqualify these products entirely from entitlement to any health-related statements. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/25/99 64 FR 57413 NPRM Comment Period End 02/22/00 Public Hearing 02/28/00 65 FR 10434 Cancellation/ Rescheduling of Hearing 04/25/00 65 FR 24158 Comment Period Extended 04/25/00 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AB97 _______________________________________________________________________ 2552. [bull] PETITION TO PROPOSE ``YADKIN VALLEY'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition proposing ``Yadkin Valley'' as a new American viticultural area in North Carolina. The proposed area consists of approximately 1,321,000 acres encompassing all of Surry, Wilkes, Yadkin, and portions of Stokes, Forsyth and Davie Counties. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/07/02 67 FR 5756 NPRM Comment Period End 04/08/02 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No [[Page 75027]] Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 Related RIN: Previously reported as 1512-AA07 RIN: 1512-AC82 _______________________________________________________________________ 2553. [bull] ORGANIC CLAIMS IN LABELING AND ADVERTISING OF ALCOHOL BEVERAGES Priority: Info./Admin./Other Legal Authority: 27 USC 205 CFR Citation: 27 CFR 4; 27 CFR 5; 27 CFR 7; 27 CFR 13 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms plans to amend its alcohol beverage labeling rules to cross-reference the United States Department of Agriculture's National Organic Program (NOP) rules. The mandatory compliance date for the NOP rules is October 21, 2002. ATF will request comments on the temporary rule in an associated notice of proposed rulemaking. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/08/02 67 FR 62860 Temporary Rule 10/08/02 67 FR 62856 Final Action 04/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Marjorie D. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 Email: mdruhf@atfhq.atf.treas.gov RIN: 1512-AC87 _______________________________________________________________________ 2554. [bull] BREWERY FORMS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 5401; 26 USC 5555 CFR Citation: 27 CFR 25 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) has revised the operational report form for breweries and created a new operations report form for small breweries and brewpubs. ATF has also created new bond forms for use by brewers. These new bond forms are for use when a security is posted as the bond in lieu of a corporate surety. Amended regulations will reference these new forms in 27 CFR 25. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Charles N. Bacon, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 701, 10 Causeway Street, Boston, MA 02222 Phone: 617 557-1323 Fax: 617 557-1251 Email: cnbacon@bost.atf.treas.gov RIN: 1512-AC88 _______________________________________________________________________ 2555. [bull] PETITION TO ESTABLISH ``OAK KNOLL DISTRICT'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms is proposing the establishment of the ``Oak Knoll District'' viticultural area in Napa County, California. This action is in response to a petition by the Oak Knoll District Committee. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/09/02 67 FR 45437 NPRM Comment Period End 09/09/02 Final Action 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Joanne Brady, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 215 597-5288 Related RIN: Previously reported as 1512-AA07 RIN: 1512-AC89 _______________________________________________________________________ FIREARMS ____________________________________________________ 2556. COMMERCE IN FIREARMS AND AMMUNITION (OMNIBUS CONSOLIDATED APPROPRIATIONS ACT OF 1997) Priority: Substantive, Nonsignificant Legal Authority: 18 USC 847; 18 USC 921 to 930 CFR Citation: 27 CFR 178 Legal Deadline: None Abstract: The Omnibus Consolidated Appropriations Act of 1997 contains amendments to the Gun Control Act of 1986 (18 U.S.C. chapter 44). These amendments add to the category of ``prohibited persons'' anyone convicted of a ``misdemeanor crime of domestic violence.'' The amendments require individuals acquiring handguns from Federal firearms licensees to certify (in accordance with the Brady Law) that they have not been convicted of such a crime. The amendments also provide for sales between Federal firearms licensees of curio and relic firearms away from their licensed premises. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/30/98 63 FR 35551 Interim Final Rule 06/30/98 63 FR 35520 NPRM Comment Period End 09/28/98 Final Action 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AB64 _______________________________________________________________________ 2557. RESIDENCY REQUIREMENT FOR PERSONS ACQUIRING FIREARMS Priority: Other Significant Legal Authority: 5 USC 552(a); 18 USC 847; 18 USC 921 to 930; 44 USC 3504(h) [[Page 75028]] CFR Citation: 27 CFR 178 Legal Deadline: None Abstract: The temporary rule amends the regulations to provide for a firearms purchaser's affirmative statement of his or her State of residence on ATF Form 4473 (Firearms Transaction Record) and ATF Form 5300.35 (Statement of Intent to Obtain a Handgun) in acquiring a firearm from a Federal firearms licensee. The temporary rule also amends the regulations to require that aliens purchasing firearms provide proof of residency through the use of substantiating documentation, such as utility bills or a lease agreement. In addition, the regulations are being amended to require that licensees examine a photo identification document from aliens purchasing firearms. These regulations implement firearms initiatives intended to protect the American public from gun violence. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/21/97 62 FR 19446 Interim Final Rule 04/21/97 62 FR 19442 NPRM Comment Period End 07/21/97 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AB66 _______________________________________________________________________ 2558. IMPLEMENTATION OF PUBLIC LAW 104-208, THE OMNIBUS CONSOLIDATED APPROPRIATIONS ACT OF 1997, RELATING TO THE ESTABLISHMENT OF A NATIONAL REPOSITORY FOR ARSON AND EXPLOSIVES INFORMATION Priority: Substantive, Nonsignificant Legal Authority: 18 USC 846(b) CFR Citation: 27 CFR 55 Legal Deadline: None Abstract: ATF will issue this notice of proposed rulemaking to implement certain provisions of Public Law 104-208, the Omnibus Consolidated Appropriations Act of 1997 (the Act), enacted September 30, 1996. The Act amended the Federal explosives laws in 18 U.S.C. chapter 40 to require all Federal agencies to report to ATF any information involving arson or the suspected criminal misuse of explosives. The Act also authorizes ATF to establish a repository for this information. In addition, the law provides that such repository will contain information on incidents voluntarily reported to ATF by State and local authorities. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/15/01 66 FR 57404 NPRM Comment Period End 02/13/02 Final Rule 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AB73 _______________________________________________________________________ 2559. PUBLIC LAW 105-277, MAKING OMNIBUS CONSOLIDATED AND EMERGENCY SUPPLEMENTAL APPROPRIATIONS FOR FY99, RELATING TO FIREARMS DISABILITIES FOR NONIMMIGRANT ALIENS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 552(a); 18 USC 847; 18 USC 921 to 930; 44 USC 3504(h) CFR Citation: 27 CFR 178 Legal Deadline: None Abstract: ATF will issue a temporary rule amending the regulations to implement the provisions of Public Law 105-277, Making Omnibus Consolidated and Emergency Supplemental Appropriations for Fiscal Year 1999. The regulations implement the law by prohibiting, with certain exceptions, the transfer to and possession of firearms by aliens admitted to the United States under a nonimmigrant visa. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/05/02 67 FR 5428 Interim Final Rule 02/05/02 67 FR 5422 Interim Final Rule Comment Period End 05/06/02 Final Rule 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AB93 _______________________________________________________________________ 2560. COMMERCE IN FIREARMS AND AMMUNITION--ANNUAL INVENTORY Priority: Substantive, Nonsignificant Legal Authority: 5 USC 552(a); 18 USC 847; 18 USC 921 to 930; 44 USC 3504(h) CFR Citation: 27 CFR 178 Legal Deadline: None Abstract: ATF is proposing to amend the regulations to require federally licensed importers, manufacturers, and dealers of firearms to take at least one physical inventory each year. The proposed regulations also specify the circumstances under which these licensees must conduct a special physical inventory. In addition, these proposed regulations clarify who is responsible for reporting a firearm that is stolen or lost in transit between licensees. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/28/00 65 FR 52054 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: James Ficaretta, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC08 [[Page 75029]] _______________________________________________________________________ PROCEDURAL ____________________________________________________ 2561. PLAIN LANGUAGE IN PART 7 Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 7 Legal Deadline: None Abstract: This project revises regulations to plain language. The revision will make no substantive changes to the current 27 CFR part 7. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/27/02 67 FR 43496 NPRM Comment Period Extended 08/22/02 67 FR 54388 NPRM Comment Period End 08/26/02 NPRM Comment Period End 09/25/02 Final Action 12/00/02 Final Action Effective 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Charles N. Bacon, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 701, 10 Causeway Street, Boston, MA 02222 Phone: 617 557-1323 Fax: 617 557-1251 Email: cnbacon@bost.atf.treas.gov RIN: 1512-AC10 _______________________________________________________________________ 2562. DELEGATION OF AUTHORITY FOR PART 70 Priority: Info./Admin./Other Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 70 Legal Deadline: None Abstract: This final rule references an additional ATF order, ATF Order 1130.32, for delegating certain ATF authorities contained in its Procedure and Administration regulations. ATF Order 1130.32 delegates the authority to accept or reject offers in compromise other than forfeiture to the appropriate ATF officer. A previous final rule (T.D. ATF-450, 66 FR 29021) referenced only ATF Order 1130.19. ATF Order 1130.19 delegates all other authorities in its Procedure and Administration regulations. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Rule 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC74 _______________________________________________________________________ 2563. [bull] ELIMINATE REQUIREMENT TO ENROLL TO PRACTICE BEFORE THE BUREAU Priority: Substantive, Nonsignificant Legal Authority: 31 USC 330 CFR Citation: 31 CFR 8 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms will published a final rule (Treasury Decision) to eliminate the requirement to enroll to practice before the Bureau. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., RM 5000, Washington, DC 20226 Phone: 202 927-8196 Fax: 202 927-8525 RIN: 1512-AC96 _______________________________________________________________________ TOBACCO PRODUCTS ____________________________________________________ 2564. TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES SHIPPED FROM PUERTO RICO TO THE UNITED STATES Priority: Substantive, Nonsignificant Legal Authority: 27 USC 5701; 27 USC 7652 CFR Citation: 27 CFR 275 Legal Deadline: None Abstract: This temporary rule eliminates ATF onsite supervision of tobacco products and cigarette papers and tubes of Puerto Rican manufacture that are shipped from Puerto Rico to the United States. It also eliminates related ATF forms. This rule requires that persons who ship such articles maintain records so that the amount of tax is calculated and recorded for ATF audit and examination. Also, this temporary rule revises certain sections to simplify and clarify, and it corrects a few errors. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/08/01 66 FR 13864 Interim Final Rule 03/08/01 66 FR 13849 NPRM Comment Period End 05/07/01 66 FR 13864 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC24 _______________________________________________________________________ 2565. IMPORTATION OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES; RECODIFICATION OF REGULATIONS Priority: Info./Admin./Other Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 41; 27 CFR 275 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms is recodifying the regulations in part 275, Importation of Tobacco Products and Cigarette Papers and Tubes. The purpose of this recodification is to reissue the regulations in part 275 of title 27 of the Code of Federal Regulations (CFR) as 27 CFR part 41. This change improves the organization of title 27 CFR. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 01/00/03 Regulatory Flexibility Analysis Required: No [[Page 75030]] Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 RIN: 1512-AC46 _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions Bureau of Alcohol, Tobacco and Firearms (BATF) _______________________________________________________________________ ALCOHOL ____________________________________________________ 2566. ALCOHOLIC CONTENT LABELING FOR MALT BEVERAGES Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 7 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/19/93 58 FR 21233 Interim Final Rule 04/19/93 58 FR 21228 NPRM Comment Period End 07/19/93 NPRM Comment Period Extended 07/19/93 58 FR 38543 NPRM Comment Period Extended End09/17/93 Second NPRM To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Bernard J. Kipp Phone: 503 356-1341 RIN: 1512-AB17 _______________________________________________________________________ 2567. SAKE REGULATIONS Priority: Substantive, Nonsignificant CFR Citation: Not Yet Determined Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: Businesses Government Levels Affected: None Agency Contact: Bernard J. Kipp Phone: 503 356-1341 RIN: 1512-AC09 _______________________________________________________________________ 2568. REMOVAL OF REQUIREMENT TO DISCLOSE SACCHARIN IN THE LABELING OF WINE, DISTILLED SPIRITS AND MALT BEVERAGES Priority: Info./Admin./Other CFR Citation: 27 CFR 4.32(d); 27 CFR 5.32(b)(6); 27 CFR 7.22(b)(5) Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Marjorie D. Ruhf Phone: 202 927-8210 Email: mdruhf@atfhq.atf.treas.gov RIN: 1512-AC17 _______________________________________________________________________ 2569. LIQUOR DEALERS; RECODIFICATION OF REGULATIONS Priority: Info./Admin./Other CFR Citation: 27 CFR 31; 27 CFR 194; ... Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Karl Joedicke Phone: 202 927-7460 RIN: 1512-AC45 _______________________________________________________________________ 2570. DELEGATION OF AUTHORITY IN 27 CFR PART 31 Priority: Info./Admin./Other CFR Citation: 27 CFR 31 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Karl Joedicke Phone: 202 927-7460 RIN: 1512-AC49 _______________________________________________________________________ 2571. PROPOSED REVISIONS OF 27 CFR PART 19 Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 19 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Daniel J. Hiland Phone: 202 927-8210 RIN: 1512-AC52 _______________________________________________________________________ 2572. PROPOSAL TO RECOGNIZE SYNONYMS FOR PETITE SIRAH AND ZINFANDEL GRAPE VARIETIES Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 4 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/10/02 67 FR 17312 NPRM Comment Period Extended 06/06/02 67 FR 38915 NPRM Comment Period End 06/10/02 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jennifer Berry Phone: 716 551-4048 RIN: 1512-AC65 _______________________________________________________________________ 2573. PETITION TO ESTABLISH ``CAPAY VALLEY'' AS AN AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 9 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/25/02 67 FR 48597 [[Page 75031]] NPRM Comment Period End 09/23/02 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Kristy Colon Phone: 202 927-8206 RIN: 1512-AC71 _______________________________________________________________________ 2574. TAXPAID DISTILLED SPIRITS USED IN MANUFACTURING PRODUCTS UNFIT FOR BEVERAGE USE Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 17 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Linda Wade-Chapman Phone: 202 927-8181 RIN: 1512-AC73 _______________________________________________________________________ PROCEDURAL ____________________________________________________ 2575. DELEGATION OF AUTHORITY IN 27 CFR PART 19 Priority: Info./Admin./Other CFR Citation: 27 CFR 19 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC06 _______________________________________________________________________ 2576. COMMERCE IN FIREARMS AND AMMUNITION; RECODIFICATION OF REGULATIONS (2002R-013P) Priority: Info./Admin./Other CFR Citation: 27 CFR 47; 27 CFR 50; 27 CFR 178; 27 CFR 179; 27 CFR 70 Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Lisa Marie Gesser Phone: 202 927-9347 Fax: 202 927-8525 Email: lmgesser@atfhq.atf.treas.gov RIN: 1512-AC68 _______________________________________________________________________ 2577. MACHINE GUNS, DESTRUCTIVE DEVICES, AND CERTAIN OTHER FIREARMS; RECODIFICATION OF REGULATIONS Priority: Info./Admin./Other CFR Citation: 27 CFR 47; 27 CFR 51; 27 CFR 55; 27 CFR 70; 27 CFR 179; ... Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Lisa Marie Gesser Phone: 202 927-9347 Fax: 202 927-8525 Email: lmgesser@atfhq.atf.treas.gov RIN: 1512-AC69 _______________________________________________________________________ 2578. [bull] DELEGATION OF AUTHORITY IN 27 CFR PART 55--COMMERCE IN EXPLOSIVES Priority: Substantive, Nonsignificant Legal Authority: 18 USC 847 CFR Citation: 27 CFR 55 Legal Deadline: None Abstract: This final rule places most of ATF authorities contained in 27 CFR 55 with the ``appropriate ATF officer,'' and requires that persons file documents with the ``appropriate ATF officer'' or in accordance with the instructions on the form. Also, this rule removes definitions of references to the words ``ATF officer,'' ``Chief, Firearms and Explosives Licensing Center,'' ``Region,'' and ``Regional Director.'' The result of removing these words will consolidate the Director's delegations of authority for part 55 into one delegation instrument. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Karl Joedicke, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 202 927-7460 RIN: 1512-AC94 _______________________________________________________________________ TOBACCO PRODUCTS ____________________________________________________ 2579. IMPLEMENTATION OF PUBLIC LAW 105-33, SECTION 9302, REQUIRING THE QUALIFICATION OF TOBACCO PRODUCT IMPORTERS AND MISCELLANEOUS TECHNICAL AMENDMENTS Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 275 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/22/99 64 FR 71955 Interim Final Rule 12/22/99 64 FR 71947 Interim Final Rule Effective 01/01/00 Interim Final Rule Comment Period End 05/03/00 65 FR 17477 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC07 _______________________________________________________________________ 2580. PROHIBITED MARKS ON PACKAGES OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES IMPORTED OR BROUGHT INTO THE UNITED STATES Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 275 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Agency Contact: Robert P. Ruhf [[Page 75032]] Phone: 202 927-8210 RIN: 1512-AC14 _______________________________________________________________________ 2581. ELIMINATION OF STATISTICAL CLASSES FOR LARGE CIGARS Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 40; 27 CFR 275 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC33 _______________________________________________________________________ 2582. DELEGATION OF AUTHORITY IN 27 CFR PART 40 Priority: Info./Admin./Other CFR Citation: 27 CFR 40 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC54 _______________________________________________________________________ 2583. VOLUNTARY WAIVER OF FILING CLAIM FOR CREDIT, REFUND, ALLOWANCE OR CREDIT OF TAX FOR TOBACCO PRODUCTS MANUFACTURED IN CANADA Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 44 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action To Be Determined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC64 _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions Bureau of Alcohol, Tobacco and Firearms (BATF) _______________________________________________________________________ 2584. RECODIFICATION OF PART 251 Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 251 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 05/08/02 67 FR 30796 Final Action Effective 05/08/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Jennifer Berry Phone: 716 551-4048 RIN: 1512-AC27 _______________________________________________________________________ 2585. ALBARINO, BLACK CORINTH AND FIANO GRAPE VARIETIES Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 4 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 03/18/02 67 FR 11917 Final Action Effective 05/17/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Jennifer Berry Phone: 716 551-4048 RIN: 1512-AC29 _______________________________________________________________________ 2586. DELEGATION OF AUTHORITY IN 27 CFR PART 252 Priority: Info./Admin./Other CFR Citation: 27 CFR 252 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Rule 04/15/02 67 FR 18086 Final Rule Effective 04/15/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC44 _______________________________________________________________________ 2587. PROPOSED ADDITION OF ``TANNAT'' AS A GRAPE VARIETY NAME FOR AMERICAN WINES Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 4 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Rule 09/04/02 67 FR 56479 Final Rule Effective 11/04/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Jennifer Berry Phone: 716 551-4048 RIN: 1512-AC50 _______________________________________________________________________ 2588. DELEGATION OF AUTHORITY IN 27 CFR PART 251 Priority: Info./Admin./Other CFR Citation: 27 CFR 251 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Rule 03/13/02 67 FR 11230 Final Rule Effective 03/13/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC58 _______________________________________________________________________ 2589. [bull] PETITION TO ESTABLISH ``CALIFORNIA COAST'' AS A NEW AMERICAN VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms received a petition to establish ``California Coast'' as a new American viticultural area. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 09/26/00 65 FR 57763 NPRM Comment Period End 12/26/00 [[Page 75033]] NPRM Comment Period Extended 12/26/00 65 FR 81455 NPRM Comment Period End 04/25/01 Final Action - Petition Denied 08/07/02 67 FR 51156 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 Related RIN: Previously reported as 1512-AA07 RIN: 1512-AC83 _______________________________________________________________________ 2590. [bull] PETITION TO EXPAND THE LODI VITICULTURAL AREA Priority: Substantive, Nonsignificant Legal Authority: 27 USC 205 CFR Citation: 27 CFR 9 Legal Deadline: None Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a petition from a group of San Joaquin County grape growers proposing to expand the established 458,000-acre Lodi viticultural area, 27 CFR 9.107, to the south and the west. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/07/00 65 FR 5828 NPRM Comment Period End 04/07/00 Final Rule 09/04/02 67 FR 56481 Final Rule Effective 11/04/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Nancy Sutton, ATF Specialist, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms Phone: 415 947-5192 Related RIN: Previously reported as 1512-AA07 RIN: 1512-AC92 _______________________________________________________________________ 2591. [bull] DELEGATION OF AUTHORITY (27 CFR 47) Priority: Info./Admin./Other Legal Authority: 26 USC 7805 CFR Citation: 27 CFR 47 Legal Deadline: None Abstract: This final rule places all ATF authorities contained in its Importation of Arms, Ammunition and Implements of War regulations with the ``appropriate ATF officer.'' Consequently, this final rule removes the definitions of, and references to, specific officers subordinate to the Director. It also requires persons to file documents required by these regulations with the ``appropriate ATF officer'' or in accordance with the instructions on the ATF form. Concurrently with this Treasury Decision, ATF is issuing ATF Order 1130.34, which will be made available as specified in this rule. Through this order the Director delegates all of the authorities to the appropriate ATF officers and specifies the ATF officers with whom applications, notices, and other reports, that are not ATF forms, are filed. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Rule 10/21/02 67 FR 64525 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robert P. Ruhf, Program Manager, Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., Washington, DC 20226 Phone: 202 927-8210 RIN: 1512-AC86 _______________________________________________________________________ 2592. ELIMINATION OF APPLICATION TO REMOVE TOBACCO PRODUCTS FROM MANUFACTURER'S PREMISES FOR EXPERIMENTAL PURPOSES Priority: Substantive, Nonsignificant CFR Citation: 27 CFR 40 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 04/19/02 67 FR 19332 Final Action Effective 05/20/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC32 _______________________________________________________________________ 2593. DELEGATION OF AUTHORITY IN 27 CFR PART 44 Priority: Info./Admin./Other CFR Citation: 27 CFR 44 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 05/08/02 67 FR 30799 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robert P. Ruhf Phone: 202 927-8210 RIN: 1512-AC36 BILLING CODE 4810-31-S _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage Comptroller of the Currency (OCC) _______________________________________________________________________ 2594. UNIFORM RULES OF PRACTICE AND PROCEDURE; REGULATION REVIEW Priority: Substantive, Nonsignificant Legal Authority: 5 USC 504; 12 USC 1831o; 12 USC 1972; 12 USC 3102; 12 USC 3108; 12 USC 3909; 5 USC 554 to 557; 12 USC 93a; 12 USC 93(b); 12 USC 164; 12 USC 505; 12 USC 1817; 12 USC 1818; 12 USC 1820 CFR Citation: 12 CFR 19 Legal Deadline: None Abstract: The OCC is considering what regulatory actions may be necessary to implement section 112(g)(4) of the Federal Deposit Insurance Corporation Improvement Act of 1991 to develop joint agency procedures for the suspension and debarment of accountants, upon a showing of good cause, from performing certain audit services. [[Page 75034]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM - Suspension and Debarment of Accountants 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Mitchell Plave, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: mitchell.plave@occ.treas.gov RIN: 1557-AB43 _______________________________________________________________________ 2595. FAIR CREDIT REPORTING REGULATIONS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 93a; 15 USC 1681s; PL 106-102, sec 506 CFR Citation: Not Yet Determined Legal Deadline: None Abstract: The rule will address the sharing of transactional, experiential, and other consumer information among persons related by common ownership or affiliated by corporate control. Such sharing of this information constitutes an exclusion from the definition of ``consumer report'' under section 603(d) of the Fair Credit Reporting Act (15 U.S.C. 1681a(d)). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/20/00 65 FR 63120 NPRM Comment Period End 12/04/00 NPRM Update 03/27/01 66 FR 16624 Second NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Agency Contact: Lee Walzer, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Analysis Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: lee.walzer@occ.treas.gov RIN: 1557-AB78 _______________________________________________________________________ 2596. RECORDKEEPING REQUIREMENTS FOR BANK EXCEPTIONS FROM SECURITIES DEALER REGISTRATION Priority: Substantive, Nonsignificant Legal Authority: 12 USC 93a; 12 USC 1828(t) CFR Citation: Not Yet Determined Legal Deadline: None Abstract: This notice of proposed rulemaking will seek comment on recordkeeping requirements for banks relying on exceptions to the definitions of broker or dealer in paragraphs (4) and (5) of section 3(a) of the Securities Exchange Act of 1934. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Martha Vestal Clarke, Acting Assistant Director, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities, Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Email: martha.clarke@occ.treas.gov RIN: 1557-AB93 _______________________________________________________________________ 2597. RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES AND BANK ACTIVITIES AND OPERATIONS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1 et seq; 12 USC 24 (Seventh); 12 USC 92a; 12 USC 93a; 12 USC 161; 12 USC 602; 12 USC 1818; 12 USC 1828(n); 12 USC 1828 note; 12 USC 1831n note; 12 USC 1831o; 12 USC 1835; 12 USC 3102; 12 USC 3108; 12 USC 3901 et seq; 12 USC 3907; 12 USC 3909; Section 5136 of the Revised Statutes (12 USC 24a); 15 USC 78q; 15 USC 78q-1; 15 USC 78w CFR Citation: 12 CFR 3; 12 CFR 5; 12 CFR 6; 12 CFR 7; 12 CFR 9; 12 CFR 28 Legal Deadline: None Abstract: The OCC plans to amend part 5 to implement the authority for national banks to merge with one or more of their nonbank affiliates contained in section 1206 of the American Homeownership and Economic Opportunity Act of 2000 (AHEOA). The proposal will also amend part 5 to implement the authority in section 1204 of AHEOA by adding a new section setting forth the application and prior approval requirements for national banks contemplating reorganization as a subsidiary of a bank holding company. In addition, the OCC also plans to implement section 1205 of AHEOA by amending part 7 to permit national banks to adopt by-laws providing for staggered boards of directors and to permit national banks to apply to expand the size of their boards of directors over 25 members. The OCC also plans to make other amendments to parts 5, 7, and 9, as well as certain technical amendments to parts 3, 6, 7, and 28. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Federalism: Undetermined Agency Contact: Andra Shuster, Counsel, Department of the Treasury, Comptroller of the Currency Phone: 202 874-5090 Fax: 202 874-4889 Email: andra.shuster@occ.treas.gov Lee Walzer, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Analysis Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: lee.walzer@occ.treas.gov RIN: 1557-AB97 _______________________________________________________________________ 2598. MAINTENANCE OF RECORDS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 504; 5 USC 554 to 557; 12 USC 93a; 12 USC 93(b); 12 USC 164; 12 USC 481; 12 USC 505; 12 USC 1817; 12 USC 1818; 12 USC 1820; 12 USC 1831o; 12 USC 1867; 12 USC 1972; 12 USC 3102; 12 USC 3108(a); 12 USC 3909; 12 USC 4717; 15 USC 78(h); 15 USC 78(i); 15 USC 78o-4(c); 15 USC 78o-5; 15 USC 78q-1; 15 USC 78u; 15 USC 78-u2; 15 USC 78-u3; 15 USC 78w; 28 USC 2461 note; 31 USC 330; 31 USC 5321; 42 USC 4012a [[Page 75035]] CFR Citation: 12 CFR 19 Legal Deadline: None Abstract: The notice of proposed rulemaking would invite comment on a rule that would add a new subpart P to 12 CFR part 19, which would require national banks, national bank affiliates, Federal branches and agencies of foreign banks, and bank service companies that perform services for, or contract with, national banks to establish and maintain accurate and complete documentation and records, and allow the OCC timely access to such records. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Patrick Tierney, Attorney, Department of the Treasury, Comptroller of the Currency Phone: 202 874-5090 Fax: 202 874-4889 Email: patrick.tierney@occ.treas.gov RIN: 1557-AB99 _______________________________________________________________________ 2599. PAYDAY LENDING Priority: Substantive, Nonsignificant Legal Authority: 12 USC 24(Seventh); 12 USC 93a; 12 USC 1818; 12 USC 1861 to 1867 CFR Citation: 12 CFR 5; 12 CFR 32 Legal Deadline: None Abstract: The OCC is considering amending 12 CFR part 5 and 12 CFR part 32 to address payday lending activities engaged in by national banks through arrangements with third-party lending companies. The purpose of this rulemaking would be to adopt provisions intended to ensure that payday lending is conducted in a manner that is consistent with safe and sound banking practices. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Mitchell Plave, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: mitchell.plave@occ.treas.gov RIN: 1557-AC01 _______________________________________________________________________ 2600. INTERNATIONAL BANKING ACTIVITIES Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1 et seq; 12 USC 24 (Seventh); 12 USC 93a; 12 USC 161; 12 USC 602; 12 USC 1818; 12 USC 3101 et seq; 12 USC 3901 et seq CFR Citation: 12 CFR 28; 12 CFR 5 Legal Deadline: None Abstract: The OCC plans to issue a notice of proposed rulemaking to clarify or revise a number of application or notice procedures, including the standards for approval that would apply. In addition, the OCC plans to implement a number of OCC interpretations regarding the capital equivalency deposit required of Federal branch and agencies. Finally, the OCC plans to revise several definitions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Lee Walzer, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Analysis Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: lee.walzer@occ.treas.gov RIN: 1557-AC04 _______________________________________________________________________ 2601. [bull] INTERAGENCY GUIDELINES ESTABLISHING STANDARDS FOR SAFETY AND SOUNDNESS Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 12 USC 93a; 12 USC 1818; 12 USC 1831-p; 12 USC 3102(b); 15 USC 6801; 15 USC 6805(b)(6) CFR Citation: 12 CFR 30 Legal Deadline: None Abstract: The OCC, along with the banking agencies, plans to issue a notice of proposed rulemaking to amend their Interagency Guidelines Establishing Standards for Safety and Soundness. The amendment would add a new subsection to require a depository institution to implement new policies and procedures designed to ensure an effective system of corporate governance. This amendment is intended to address particular weaknesses in management and corporate governance practices. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Michele Meyer, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW. Phone: 202 874-5090 Fax: 202 874-4889 Email: michele.meyer@occ.treas.gov RIN: 1557-AC08 _______________________________________________________________________ 2602. [bull] COMMUNITY DEVELOPMENT CORPORATIONS, COMMUNITY DEVELOPMENT PROJECTS, AND OTHER PUBLIC WELFARE INVESTMENTS (12 CFR PART 24) Priority: Substantive, Nonsignificant Legal Authority: 12 USC 24 (Eleventh); 12 USC 93a; 12 USC 481; 12 USC 1818 CFR Citation: 12 CFR 24 Legal Deadline: None Abstract: The OCC plans to issue a notice of proposed rulemaking to amend part 24, its regulation governing national bank investments that are designed to promote the public welfare. The proposal would update the definition section of the regulation to reflect the additional types of public welfare investment structures that have come into use by national banks in recent years; set forth the method a national bank should use to measure the aggregate amount of its public welfare investments; and simplify the regulation's investment self- certification and prior approval processes. These changes will simplify the regulation and reduce the burden associated with part 24 investments and thereby encourage additional public welfare investments by national banks. [[Page 75036]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Michele Meyer, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW. Phone: 202 874-5090 Fax: 202 874-4889 Email: michele.meyer@occ.treas.gov RIN: 1557-AC09 _______________________________________________________________________ 2603. [bull] REMOVAL, SUSPENSION, AND DEBARMENT OF INDEPENDENT ACCOUNTANTS FROM PERFORMANCE OF AUDIT SERVICES Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1831m(g)(4)(B) CFR Citation: 12 CFR 19 Legal Deadline: None Abstract: The OCC plans to issue a notice of proposed rulemaking to amend 12 CFR part 19, the Rules of Practice and Procedure by adding a new subpart P, ``Removal, Suspension, and Debarment of Independent Public Accountants from Performance of Audit Services.'' Section 112 of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) gave the OCC, along with the other Federal banking agencies, the authority to remove, suspend, or debar accountants for good cause from performing annual audit services. The proposed rule would establish policies and procedures for the OCC to take such actions. The proposed rule would also make conforming changes to part 19. The Board of Governors of the Federal Reserve System, the FDIC, and the Office of Thrift Supervision are promulgating similar rules concurrently with the OCC to implement section 112 of FDICIA. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Mitchell Plave, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: mitchell.plave@occ.treas.gov RIN: 1557-AC10 _______________________________________________________________________ 2604. [bull] RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1 et seq; 12 USC 24a; 12 USC 24 (Seventh); 12 USC 93a; 12 USC 3101 et seq CFR Citation: 12 CFR 5 Legal Deadline: None Abstract: The OCC plans to issue a notice of proposed rulemaking that will require a national bank to obtain prior approval of the OCC before making material changes to its business plan. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Heidi M. Thomas, Special Counsel, Department of the Treasury, Comptroller of the Currency, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: heidi.thomas@occ.treas.gov RIN: 1557-AC11 _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage Comptroller of the Currency (OCC) _______________________________________________________________________ 2605. CAPITAL RULES Priority: Substantive, Nonsignificant Legal Authority: 12 USC 93a; 12 USC 161; 12 USC 1828 note; 12 USC 1828(n); 12 USC 1831n note; 12 USC 1835; 12 USC 3907; 12 USC 3909 CFR Citation: 12 CFR 3 Legal Deadline: None Abstract: As part of the OCC's ongoing efforts to develop and refine capital standards to ensure the safety and soundness of the national banking system and to implement statutory requirements, the OCC is amending various provisions of the capital rules for national banks. Specifically, these changes include: 1) new Basel capital accord (Basel II) (formerly referred to as domestic capital framework); and 2) securities borrowing transactions. The OCC is conducting both of these rulemakings jointly with the other Federal banking agencies. Timetable: ________________________________________________________________________ Implementation of a Revised Basel Capital Accord (formerly Domestic Capital Framework) ANPRM 11/03/00 (65 FR 66193) ANPRM Comment Period End 02/01/01 NPRM 06/00/03 Securities Borrowing Transactions Interim Final Rule 12/05/00 (65 FR 75856) Interim Final Rule Comment Period End 01/19/01 Final Rule 12/ 00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Ron Shimabukuro, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: ron.shimabukuro@occ.treas.gov Laura Goldman, Senior Attorney, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: laura.goldman@occ.treas.gov RIN: 1557-AB14 [[Page 75037]] _______________________________________________________________________ 2606. CUSTOMER IDENTIFICATION PROGRAMS FOR BANKS, SAVINGS ASSOCIATIONS, AND CREDIT UNIONS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 93a; 31 USC 5318(l) CFR Citation: 31 CFR 103 Legal Deadline: Final, Statutory, October 26, 2002, Must take effect one year before date of enactment of USA Patriot Act. Abstract: The Secretary of the Treasury, the OCC, the Board of Governors of the Federal Reserve System, the FDIC, the Office of Thrift Supervision, and the National Credit Union Administration (the Agencies) plan to issue a regulation implementing section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001. Section 326 requires a regulation that contains minimum standards that financial institutions must implement: 1) to verify the identity of any person seeking to open an account; 2) to maintain records of the information used to verify the person's identity; and 3) to determine whether the person appears on any lists of known or suspected terrorists or terrorist organizations provided to the financial institution by any Government agency. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/23/02 67 FR 48290 NPRM Comment Period End 09/06/02 Final Action 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Deborah Katz, Senior Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Divison, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: deborah.katz@occ.treas.gov RIN: 1557-AC06 _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions Comptroller of the Currency (OCC) _______________________________________________________________________ 2607. RULES AND PROCEDURES FOR CLAIMS AGAINST OCC-APPOINTED RECEIVERSHIPS FOR UNINSURED FINANCIAL INSTITUTIONS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 93a; 12 USC 192; 12 USC 206; 12 USC 3108 CFR Citation: Not Yet Determined Legal Deadline: None Abstract: This regulation will establish rules and procedures for processing claims against receivers for uninsured Federal institutions that are chartered by the OCC. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Mitchell Plave, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: mitchell.plave@occ.treas.gov RIN: 1557-AB59 _______________________________________________________________________ 2608. COMMUNITY REINVESTMENT ACT REGULATION Priority: Substantive, Nonsignificant Legal Authority: 12 USC 21; 12 USC 22; 12 USC 26; 12 USC 27; 12 USC 30; 12 USC 36; 12 USC 93a; 12 USC 161; 12 USC 215; 12 USC 215a; 12 USC 481; 12 USC 1814; 12 USC 1816; 12 USC 1828(c); 12 USC 1835a; 12 USC 2901 to 2907; 12 USC 3101 to 3111 CFR Citation: 12 CFR 25 Legal Deadline: None Abstract: The OCC, in conjunction with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision (the agencies), has issued an advance notice of proposed rulemaking to solicit comment on the agencies' existing Community Reinvestment Act (CRA) regulations. The agencies are conducting a review of their CRA regulations to determine their effectiveness in achieving their goals. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 07/19/01 66 FR 37602 ANPRM Comment Period End 10/17/01 NPRM To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Margaret Hesse, Special Counsel, Department of the Treasury, Comptroller of the Currency, Community and Consumer Law Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5750 Fax: 202 874-5322 Email: margaret.hesse@occ.treas.gov Patrick Tierney, Attorney, Department of the Treasury, Comptroller of the Currency Phone: 202 874-5090 Fax: 202 874-4889 Email: patrick.tierney@occ.treas.gov RIN: 1557-AB98 [[Page 75038]] _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions Comptroller of the Currency (OCC) _______________________________________________________________________ 2609. REAL ESTATE APPRAISALS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 93a; 12 USC 3331 et seq CFR Citation: 12 CFR 34 Legal Deadline: None Abstract: This rulemaking would amend the OCC's appraisal regulation to exempt transactions involving mortgage-backed securities (MBS) from its principal appraisal requirements. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Withdrawn 09/30/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Mitchell Plave, Counsel, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: mitchell.plave@occ.treas.gov RIN: 1557-AB70 _______________________________________________________________________ 2610. DEBT CANCELLATION CONTRACTS AND DEBT SUSPENSION AGREEMENTS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 24 (Seventh); 12 USC 93a CFR Citation: 12 CFR 37 Legal Deadline: None Abstract: The OCC issued a final rule governing the offering of debt cancellation contracts and debt suspension agreements. The purposes of the customer protections are to facilitate customers' informed choice about whether to purchase debt cancellation contracts and debt suspension agreements, based on an understanding of the costs, benefits, and limitations of the products, and to discourage inappropriate or abusive practices. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 01/26/00 65 FR 4176 ANPRM Comment Period End 03/27/00 NPRM 04/18/01 66 FR 19901 NPRM Comment Period End 06/18/01 Final Rule 09/19/02 67 FR 58962 Final Rule Effective 06/16/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Jean Campbell, Attorney, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: jean.campbell@occ.treas.gov RIN: 1557-AB75 _______________________________________________________________________ 2611. ELECTRONIC ACTIVITIES (FORMERLY ELECTRONIC BANKING) Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1 et seq; 12 USC 93a CFR Citation: 12 CFR 7.1002; 12 CFR 7.1019; 12 CFR 7.5000 to 7.5010 Legal Deadline: None Abstract: The OCC issued a notice of proposed rulemaking that addressed ways to facilitate national banks' efforts to engage in various forms of electronic banking consistent with safety and soundness. The proposal addresses national banks' exercise of their Federally authorized powers through electronic means; the applicability of state law to the exercise of those powers; the location of a national bank that engages in electronic activities; and the disclosures required when a national bank provides its customers with access to other service providers through hyperlinks in the bank's web site or other shared electronic space. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 02/02/00 65 FR 4895 ANPRM Comment Period End 04/03/00 NPRM 07/02/01 66 FR 34855 NPRM Comment Period End 08/31/01 Final Rule 05/17/02 67 FR 34992 Final Rule Effective, section 7.5010 only (All other final rule sections effective 06/17/ 2002) 07/01/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Heidi M. Thomas, Special Counsel, Department of the Treasury, Comptroller of the Currency, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Fax: 202 874-4889 Email: heidi.thomas@occ.treas.gov RIN: 1557-AB76 _______________________________________________________________________ 2612. NOTICE OF EXEMPT PRIVACY ACT SYSTEMS OF RECORDS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 5 USC 321; 5 USC 552; 5 USC 552a CFR Citation: 31 CFR 1 Legal Deadline: None Abstract: The OCC, with the concurrence of the Department of the Treasury, issued a final rule to amend the Treasury Regulation that sets forth the systems of records maintained by Treasury Department agencies and bureaus that are exempt from certain provisions of the Privacy Act of 1974 (Privacy Act). The OCC amended this regulation to update and expand the list of its systems of records that are exempt from certain provisions of the Privacy Act and to clarify the bases for these exemptions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/26/01 66 FR 54175 NPRM Comment Period End 11/26/01 Final Rule 05/14/02 67 FR 34402 Final Rule Effective 05/14/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Harold J. Hansen, Assistant Director, Department of the Treasury, Comptroller of the Currency, Administrative and Internal Law Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-4460 Fax: 202 874-4555 Email: harold.hansen@occ.treas.gov RIN: 1557-AB83 [[Page 75039]] _______________________________________________________________________ 2613. PROHIBITION AGAINST USE OF INTERSTATE BRANCHES PRIMARILY FOR DEPOSIT PRODUCTION Priority: Substantive, Nonsignificant Legal Authority: 12 USC 21; 12 USC 22; 12 USC 26; 12 USC 27; 12 USC 30; 12 USC 36; 12 USC 93a; 12 USC 161; 12 USC 215; 12 USC 215a; 12 USC 481; 12 USC 1814; 12 USC 1816; 12 USC 1828(c); 12 USC 1835a; 12 USC 2901 through 2907; 12 USC 3101 through 3111 CFR Citation: 12 CFR 25 Legal Deadline: None Abstract: The final rule amended regulations implementing section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 to effectuate the amendment of section 109 of the Gramm-Leach- Bliley Act of 1999. Section 109 prohibits a bank from establishing or acquiring a branch or branches outside of its home state for the purpose of deposit production. Additionally, section 109 contains guidelines for determining whether a bank is reasonably helping to meet the credit needs of communities served by an out-of-state branch or branches. The final rule amended the section 109 deposit production prohibition to include any bank or branch controlled by an out-of-state bank holding company, including a bank consisting only of a main office. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/09/01 66 FR 18411 NPRM Comment Period End 06/08/01 Final Rule 06/06/02 67 FR 38844 Final Rule Effective 10/01/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Patrick Tierney, Attorney, Department of the Treasury, Comptroller of the Currency Phone: 202 874-5090 Fax: 202 874-4889 Email: patrick.tierney@occ.treas.gov RIN: 1557-AB95 _______________________________________________________________________ 2614. FINANCIAL SUBSIDIARIES AND NONCONTROLLING INVESTMENTS OF FEDERAL BRANCHES AND AGENCIES Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1 et seq; 12 USC 24a; 12 USC 24 (Seventh); 12 USC 93a, 12 USC 3101 et seq CFR Citation: 12 CFR 5 Legal Deadline: None Abstract: The OCC proposes to clarify that a Federal branch or agency may establish, acquire, or maintain a qualified subsidiary company in generally the same manner that a national bank may establish and operate a financial subsidiary if certain conditions are satisfied. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Withdrawn 09/30/02 Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Agency Contact: Martha Vestal Clarke, Acting Assistant Director, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities, Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Email: martha.clarke@occ.treas.gov RIN: 1557-AC02 _______________________________________________________________________ 2615. INTERNATIONAL BANKING ACTIVITIES: CAPITAL EQUIVALENCY DEPOSIT Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1 et seq; 12 USC 24 (Seventh); 12 USC 93a; 12 USC 161; 12 USC 602; 12 USC 1818; 12 USC 3101 et seq; 12 USC 3901 et seq CFR Citation: 12 CFR 28.15 Legal Deadline: None Abstract: The OCC issued a final rule that revised certain requirements and prohibitions relating to the capital equivalency deposit arrangements that a foreign bank must establish and maintain for its Federal branch or agency. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 01/30/02 67 FR 4325 Interim Final Rule Effective 01/30/02 Interim Final Rule Comment Period End 04/01/02 Final Action 06/19/02 67 FR 41619 Final Rule Effective 06/19/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Martha Vestal Clarke, Acting Assistant Director, Department of the Treasury, Comptroller of the Currency, Legislative and Regulatory Activities, Division, 250 E Street SW, Washington, DC 20219 Phone: 202 874-5090 Email: martha.clarke@occ.treas.gov RIN: 1557-AC05 _______________________________________________________________________ 2616. [bull] ASSESSMENT OF FEES Priority: Substantive, Nonsignificant Legal Authority: 12 USC 93a; 12 USC 481; 12 USC 482; 12 USC 1867; 12 USC 3102; 12 USC 3108; 15 USC 78c; 15 USC 78l; 26 DC Code 102 CFR Citation: 12 CFR 8 Legal Deadline: None Abstract: The Office of the Comptroller of the Currency (OCC) plans to issue a notice of proposed rulemaking to amend 12 CFR part 8. The proposal would amend 12 CFR 8.6(c), which addresses assessments for independent trust banks. The proposal would update section 8.6 to reference the appropriate portion of new forms issued by the Federal Financial Institutions Examination Council (FFIEC), which replace the FFIEC form currently referenced in section 8.6(c). A technical correction to section 8.1 is also included. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/25/02 67 FR 20466 NPRM Comment Period End 05/17/02 Final Action 05/30/02 67 FR 37664 Final Action Effective 06/01/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Andra Shuster, Counsel, Department of the Treasury, Comptroller of the Currency Phone: 202 874-5090 Fax: 202 874-4889 [[Page 75040]] Email: andra.shuster@occ.treas.gov RIN: 1557-AC07 BILLING CODE 4810-33-S _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage United States Customs Service (CUSTOMS) _______________________________________________________________________ 2617. TEXTILES AND TEXTILE PRODUCTS SUBJECT TO TEXTILE TRADE AGREEMENTS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 7 USC 1854 CFR Citation: 19 CFR 12 Legal Deadline: None Abstract: Amendment to the country of origin standards and documentary requirements applicable to textiles and textile products subject to section 204 of the Agricultural Act of 1956. Amendment involves simplification of regulatory text, has no substantive effect on the U.S. textile import program as administered by Customs, and is intended to ensure that the wording of the Customs Regulations is consistent with the product coverage of section 204. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Dick Crichton, Operations Officer, Office of Field Operations, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0162 RIN: 1515-AB54 _______________________________________________________________________ 2618. LIQUIDATION; EXTENSION; SUSPENSION Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1500; 19 USC 1504; 19 USC 1624 CFR Citation: 19 CFR 159 Legal Deadline: None Abstract: Document would amend the Customs Regulations to implement amendments to section 504 of the Tariff Act of 1930, as amended, which pertains to limitations on the liquidation of entries that were contained in the Customs Modernization provisions of the North American Free Trade Agreement Implementation Act. Amendments would allow the reconciliation of entries to be treated as if they were entry summaries, subject to normal liquidation requirements; authorize the electronic transmittal of notices of extension and suspension of liquidation; extend the time period in which Customs must liquidate a suspended entry after the suspension is removed; remove the application of the four-year limitation to suspended entries; and provide that Customs must also inform sureties when an entry is suspended or extended. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: William G. Rosoff, Chief, Duty Refund and Determination Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8807 RIN: 1515-AB66 _______________________________________________________________________ 2619. DETENTION, SEIZURE, AND FORFEITURE OF ``BOOTLEG'' SOUND RECORDING AND MUSIC VIDEOS OF LIVE MUSICAL PERFORMANCES Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 17 USC 602; 17 USC 603; 31 USC 9701; 19 USC 66; 19 USC 1202; 19 USC 58a; 19 USC 58b; 19 USC 58c; 19 USC 66; 17 USC 101; 17 USC 601 CFR Citation: 19 CFR 12; 19 CFR 24; 19 CFR 133 Legal Deadline: None Abstract: Amendment to provide for the detention, seizure, and forfeiture of unauthorized (bootleg) copies of sound recordings and music videos of live musical performances recorded outside of and imported into the United States, as provided by section 513(a) of the Uruguay Round Agreements Act. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: George F. McCray, Attorney, Intellectual Property Rights Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8707 RIN: 1515-AB74 _______________________________________________________________________ 2620. RECONCILIATION Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1484; 19 USC 1500; 19 USC 1624 CFR Citation: 19 CFR 142; 19 CFR 159 Legal Deadline: None Abstract: Amendment to allow those elements of an entry, other than those elements relating to the admissibility of the merchandise, that are undetermined at the time an entry summary or an import activity summary is required to be submitted, to be provided to Customs at a later date. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: John Leonard, Program Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 [[Page 75041]] Phone: 202 927-0915 RIN: 1515-AB85 _______________________________________________________________________ 2621. REMOTE LOCATION FILING Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1484; 19 USC 1624; 19 USC 1641 CFR Citation: 19 CFR 111; 19 CFR 113; 19 CFR 141; 19 CFR 143 Legal Deadline: None Abstract: Amendment to allow entry filers to electronically file entries of merchandise with Customs from locations within the United States other than at the port of arrival of the merchandise or the location of examination of the merchandise. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Millie Gleason, Chief, Summary Management, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0625 RIN: 1515-AC23 _______________________________________________________________________ 2622. SIMPLIFICATION OF IN-TRANSIT TRUCK SHIPMENTS BETWEEN CANADA AND THE UNITED STATES Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1431; 19 USC 1433; 19 USC 1436; 19 USC 1448; 19 USC 1553; 19 USC 1624 CFR Citation: 19 CFR 123 Legal Deadline: None Abstract: Amendment to simplify reporting procedures for the in-transit movement of truck shipments between Canada and the United States. Amendment is designed to reduce traffic congestion along the northern border by reducing the number of reporting stops. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Raymond Janiszewski, Supervisory Import Specialist, Office of Field Operations, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0365 RIN: 1515-AC65 _______________________________________________________________________ 2623. REQUIREMENTS FOR FUTURE CUSTOMS TRANSACTIONS WHEN PAYMENT TO CUSTOMS ON PRIOR TRANSACTIONS IS DELINQUENT AND/OR DISHONORED Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1448; 19 USC 1484; 19 USC 1624; 5 USC 301; 19 USC 1505 CFR Citation: 19 CFR 142; 19 CFR 24 Legal Deadline: None Abstract: Amendment concerning how Customs will handle the future transactions of importers or other parties financially obligated to Customs who are delinquent in a payment to Customs or have had payments to the agency returned as dishonored by their financial institution. Amendment provides, among other things, that where an importer or other party financially obligated to Customs (``debtor'') has not paid monies owed to Customs by the due date in a Customs bill or collection notice, including a bill or collection notice requesting payment of an amount owed to Customs that has been returned as dishonored by the debtor's financial institution, Customs may require the debtor to file entry summary documentation at the time of entry with estimated duties, taxes and fees attached (to make ``live entry''). This requirement will be imposed on all the debtor's future importations at all ports of entry until Customs receives full payment of the debtor's overdue amount, including accrued interest, or until the debt has been resolved other than by Customs termination of the collection action. Amendment also concerns when Customs will require all future payments be made by certified check, money order, cash, or if authorized, by Automated Clearinghouse credit payment. Amendments are necessary to support Customs collection efforts and to ensure a uniform and consistent approach in the manner by which Customs responds to delinquent and dishonored payments. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robert Reiley, Financial Officer, Financial Management Division, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-1504 RIN: 1515-AC68 _______________________________________________________________________ 2624. CUSTOMS EXAMINATION OF IN-TRANSIT MAIL SHIPMENTS Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1624 CFR Citation: 19 CFR 145 Legal Deadline: None Abstract: Amendment to provide that Customs has the authority to examine and search international mail without regard as to whether it is transiting the United States or the U.S. Virgin Islands, or is being delivered within the Customs territory of the United States or the U.S. Virgin Islands. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Glen E. Vereb, Senior Attorney, Entry Procedures and Carriers Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8718 RIN: 1515-AC71 _______________________________________________________________________ 2625. REIMBURSABLE CUSTOMS INSPECTIONAL SERVICES: INCREASE IN HOURLY RATE CHARGE Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 5 USC 6103; 19 USC 58a to 58c; 19 USC 66; 19 USC 261; 19 USC 267; 19 USC 1202; [[Page 75042]] 19 USC 1450 to 1452; 19 USC 1456; 19 USC 1505; 19 USC 1557; 19 USC 1562; 19 USC 1624; 26 USC 4461; 26 USC 4462; 31 USC 9701; 46 USC 2110 to 2112 CFR Citation: 19 CFR 24; 19 CFR 101 Legal Deadline: None Abstract: Amendment to increase the rate of charge for reimbursable Customs inspectional services. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/01/01 66 FR 8554 NPRM Comment Period End 04/02/01 Second NPRM 10/09/02 67 FR 62920 Second NPRM Comment Period End 12/09/02 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Dennis Lomax, Accountant, Department of the Treasury, United States Customs Service, Accounting Services Division, Office of Finance, Indianapolis, IN 46278 Phone: 317 298-1200 RIN: 1515-AC77 _______________________________________________________________________ 2626. PATENT SURVEYS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624 CFR Citation: 19 CFR 12; 19 CFR 24 Legal Deadline: None Abstract: Amendment to eliminate patent surveys. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Louis Alfano, Customs Officer, Commercial Enforcement, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0005 RIN: 1515-AC93 _______________________________________________________________________ 2627. [bull] ADVANCE NOTICE REQUIREMENTS FOR AIRCRAFT LANDINGS AND ARRIVALS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 58b; 19 USC 66; 19 USC 1433; 19 USC 1436; 19 USC 1448; 19 USC 1459; 19 USC 1590; 19 USC 1594; 19 USC 1623; 19 USC 1624; 19 USC 1644; 19 USC 1644a CFR Citation: 19 CFR 122 Legal Deadline: None Abstract: Amendment to require that the owners or operators of commercial aircraft that operate as scheduled airlines and enter the United States from foreign areas who intend to land at landing rights or user fee airports, request from Customs permission to land in writing at least 30 days before the first flight date and secure Customs approval to land before the first flight begins. Amendment would also make the advance notice of arrival requirement applicable to all aircraft. The advance notice of arrival would be required to be given by the aircraft commander directly to the appropriate Customs location at least one hour before the aircraft crosses any border or coastline of the United States. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Elizabeth Tritt, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-4434 RIN: 1515-AD10 _______________________________________________________________________ 2628. [bull] PRIOR DISCLOSURE AND LOST DUTY OR REVENUE DEMANDS WHEN PENALTY CLAIM NOT ISSUED Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1592; 19 USC 1593a; 19 USC 1624 CFR Citation: 19 CFR 162 Legal Deadline: None Abstract: Amendment pertaining to prior disclosure and to the procedure for demanding payment of duties, taxes, fees, or revenue for violations of 19 U.S.C. 1592 or 1593a when a penalty claim is not issued. Amendments are designed to encourage participation in the prior disclosure program and to enhance the effectiveness of the duty/revenue demand process. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Alan Cohen, Senior Attorney, Penalties Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8742 RIN: 1515-AD13 _______________________________________________________________________ 2629. [bull] PERFORMANCE OF CUSTOMS BUSINESS BY PARENT AND SUBSIDIARY CORPORATIONS Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 1641 CFR Citation: 19 CFR 111 Legal Deadline: None Abstract: Amendment to specify circumstances in which a corporate entity may perform certain customs business on behalf of a parent corporation or subsidiary corporation or sister subsidiary corporation without the need to obtain a customs broker license. It is anticipated that the amendment would improve the operational efficiency of the affected corporate entities and thereby enhance their ability to ensure compliance with applicable customs laws and regulations. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/15/02 67 FR 63576 NPRM Comment Period End 12/16/02 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Gina Grier, Attorney, Entry Procedures and Carriers Branch, [[Page 75043]] Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8730 RIN: 1515-AD14 _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage United States Customs Service (CUSTOMS) _______________________________________________________________________ 2630. HARBOR MAINTENANCE FEE Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; PL 99-662; 19 USC 66; 19 USC 81a to 81u; 19 USC 623; 19 USC 1202; 19 USC 1624; 31 USC 9701; PL 99-272; PL 99-509 CFR Citation: 19 CFR 4; 19 CFR 24; 19 CFR 146; 19 CFR 178 Legal Deadline: Final, Statutory, April 1, 1987. Abstract: Amendments to the Customs Regulations to implement provisions of the Water Resources Development Act of 1986, which authorizes Customs to assess a harbor maintenance fee of 0.125 percent (.00125) on the value of commercial cargo loaded on or unloaded from a commercial vessel at a port unless specifically exempted from the fee. Proceeds of the fee are deposited in a trust fund for the U.S. Army Corps of Engineers to use for the improvement and maintenance of U.S. ports and harbors. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule Effective 03/01/87 Interim Final Rule 03/30/87 52 FR 10198 Interim Final Rule Comment Period End 05/29/87 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Deborah Thompson, Accountant, Accounts Receivable Branch, Department of the Treasury, United States Customs Service, Office of Finance, Indianapolis, IN 46278 Phone: 317 298-1200 RIN: 1515-AA57 _______________________________________________________________________ 2631. DONATED CARGO EXEMPTION FROM HARBOR MAINTENANCE FEE Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 58a; 19 USC 66; 19 USC 1202; 19 USC 1624; 31 USC 9701; 19 USC 58b; 19 USC 58c CFR Citation: 19 CFR 24 Legal Deadline: None Abstract: Amends interim Customs Regulations relating to harbor maintenance fees. The interim regulations established a shipping fee for transporting cargo on specified U.S. waterways. The Act was amended to include an exemption for nonprofit organizations or cooperatives, which own or finance cargo determined by Customs to be intended for use in humanitarian or development assistance overseas. This amendment sets forth the applicability and terms of this exemption. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 01/08/92 57 FR 607 Interim Final Rule Effective 01/08/92 Interim Final Rule Comment Period End 03/09/92 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Deborah Thompson, Accountant, Accounts Receivable Branch, Department of the Treasury, United States Customs Service, Office of Finance, Indianapolis, IN 46278 Phone: 317 298-1200 RIN: 1515-AA87 _______________________________________________________________________ 2632. NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA)--IMPLEMENTATION OF DUTY-DEFERRAL PROGRAM PROVISIONS Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1448; 19 USC 1481; 19 USC 1484; 19 USC 1202; 19 USC 1315; 19 USC 1624; 19 USC 3314 CFR Citation: 19 CFR 181; 19 CFR 113; 19 CFR 141; 19 CFR 144; 19 CFR 10 Legal Deadline: Final, Statutory, January 1, 1996. Abstract: Document amends regulations to establish procedural and other requirements that apply to the collection, waiver, and reduction of duties under the duty-deferral program provisions of the North American Free Trade Agreement. The document prescribes the documentary and other requirements that must be followed when merchandise is withdrawn from a U.S. duty-deferral program, either for exportation to another NAFTA country or for entry into a duty-deferral program of another NAFTA country, the procedures that must be followed in filing a claim for a waiver or reduction of duties collected on such merchandise, and the procedures for finalization of duty collections and duty waiver or reduction claims. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule Effective 01/01/96 Interim Final Rule 01/30/96 61 FR 2908 Interim Final Rule Comment Period End 04/01/96 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Shawn Filion, Commercial Program Specialist, Department of the Treasury, United States Customs Service, Office of Field Operations, North Star Commercial, P.O. Box 400, Buffalo, NY 14225 Phone: 716 551-3053 RIN: 1515-AB87 _______________________________________________________________________ 2633. CUSTOMS ENTRY DOCUMENTATION PURSUANT TO ANTICOUNTERFEITING CONSUMER PROTECTION ACT Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1448; 19 USC 1484; 19 USC 1624 CFR Citation: 19 CFR 141 Legal Deadline: Final, Statutory, January 2, 1997. Abstract: Document implements section 12 of the Anticounterfeiting [[Page 75044]] Consumer Protection Act of 1996 (ACPA), which was enacted by Congress to protect consumers and American businesses from counterfeit copyrighted and trademarked products. Section 12 of the ACPA concerns the content of entry documentation required by Customs to determine whether the imported merchandise or its packaging bears an infringing trademark. Amendment requires importers to provide on the invoice a listing of all trademarks appearing on imported merchandise and its packaging. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 09/13/99 64 FR 49423 NPRM Comment Period End 12/13/99 64 FR 62135 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joanne R. Stump, Chief, Intellectual Property Rights, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8709 RIN: 1515-AC15 _______________________________________________________________________ 2634. COUNTRY-OF-ORIGIN MARKING Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1304; 19 USC 1624 CFR Citation: 19 CFR 134 Legal Deadline: None Abstract: Amendments clarify the country-of-origin marking rules set forth in part 134 of the Customs Regulations. Amendments promote the concept of informed compliance by the trade and proper field administration of the statutory requirement. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/26/00 65 FR 4193 NPRM Comment Period End 04/26/00 65 FR 17473 Final Action 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Monika Rice Brenner, Attorney-Advisor, Special Classification and Marking Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8837 Kristen VerSteeg, Attorney-Advisor, Special Classification and Marking Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8832 RIN: 1515-AC32 _______________________________________________________________________ 2635. IMPORTATION AND ENTRY BOND CONDITIONS REGARDING OTHER AGENCY DOCUMENTATION REQUIREMENTS Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1623; 19 USC 1624 CFR Citation: 19 CFR 113 Legal Deadline: None Abstract: Amendment with regard to the basic importation and entry bond condition under which, if merchandise is conditionally released to the principal named in the bond, the principal agrees to furnish Customs with any document or evidence as required by law or regulation. Amendment would extend this requirement, and consequently the potential liability for payment of liquidated damages for a breach of the bond condition, to documents and evidence submitted to other Government agencies under laws and regulations of those other agencies. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/06/99 64 FR 42872 NPRM Comment Period End 10/05/99 Final Action 07/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Jeremy Baskin, Attorney-Advisor, Penalties Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8753 RIN: 1515-AC44 _______________________________________________________________________ 2636. DEFERRAL OF DUTY ON LARGE YACHTS IMPORTED FOR SALE Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1484b; 19 USC 1623; 19 USC 1624 CFR Citation: 19 CFR 4; 19 CFR 113 Legal Deadline: None Abstract: Amendment to set forth procedures for the deferral of entry filing and duty collection on certain yachts imported for sales at boat shows in the United States. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/15/00 65 FR 37501 NPRM Comment Period End 08/14/00 Final Action 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Larry L. Burton, Chief, Entry Procedures and Carriers Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8724 RIN: 1515-AC58 _______________________________________________________________________ 2637. USER AND NAVIGATION FEES; OTHER REIMBURSABLE CHARGES Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 58a to 58c; 19 USC 66; 19 USC 1202; 19 USC 1431; 19 USC 1433; 19 USC 1434; 19 USC 1505; 19 USC 1624; 31 USC 9701; 46 USC 2110 to 2112 CFR Citation: 19 CFR 4; 19 CFR 24; 19 CFR 101 Legal Deadline: None Abstract: Amendment regarding the proper assessment of user and navigation fees, as well as other reimbursement charges for Customs services performed in connection with, among other things, the processing of vehicles, vessels, aircraft and merchandise arriving in the United States. The purpose of the amendment is to conform the regulations with the intent of the Customs user fee statute and to reflect existing operational policy and administrative practice in this area. [[Page 75045]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/01/01 66 FR 21705 NPRM Comment Period End 07/02/01 Final Action 07/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Kimberly Nott, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0042 RIN: 1515-AC63 _______________________________________________________________________ 2638. AFRICAN GROWTH AND OPPORTUNITY ACT AND GENERALIZED SYSTEM OF PREFERENCES Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1321; 19 USC 1481; 19 USC 1484; 19 USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624; 19 USC 2461; 19 USC 3314; 19 USC 3721 CFR Citation: 19 CFR 10; 19 CFR 163 Legal Deadline: Final, Statutory, October 1, 2000, Public Law 106-200. Abstract: Amendments to implement the trade benefit provisions for sub- Saharan Africa contained in title I of the Trade and Development Act of 2000. The trade benefits under title I, also referred to as the African Growth and Opportunity Act, apply to sub-Saharan African countries designated by the President and involve the extension of duty-free treatment under the Generalized System of Preferences (GSP) to non- import-sensitive, non-textile articles normally excluded from GSP duty- free treatment, and the entry of specific textile and apparel articles free of duty and free of any quantitative limits. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule Effective 10/01/00 Interim Final Rule 10/05/00 65 FR 59668 Interim Final Rule Comment Period End 12/04/00 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Cynthia Reese, Senior Attorney, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8812 Leon Hayward, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-9704 RIN: 1515-AC72 _______________________________________________________________________ 2639. EXPANDED WEEKLY ENTRY PROCEDURE FOR FOREIGN TRADE ZONES Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 81a to 81u; 19 USC 1202; 19 USC 1484i; 19 USC 1623; 19 USC 1624 CFR Citation: 19 CFR 146 Legal Deadline: None Abstract: Amendment in conformance with the Trade and Development Act of 2000 to expand the weekly entry procedure for foreign trade zones to include merchandise involved in activities other than exclusively assembly-line production operations. Under the expanded weekly procedure, weekly entries covering estimated removals of merchandise from a foreign trade zone for any seven-day period and the associated entry summaries will have to be filed exclusively through the Automated Broker Interface, with duties, fees and taxes being scheduled for payment through the Automated Clearinghouse. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/25/02 67 FR 48594 NPRM Comment Period End 09/23/02 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Debbie Scott, Chief, Entry and Drawback Management, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-1962 RIN: 1515-AC74 _______________________________________________________________________ 2640. UNITED STATES-CARIBBEAN BASIN TRADE PARTNERSHIP ACT AND CARIBBEAN BASIN INITIATIVE Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1321; 19 USC 1481; 19 USC 1484; 19 USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624; 19 USC 2701; 19 USC 3314 CFR Citation: 19 CFR 10; 19 CFR 163 Legal Deadline: Final, Statutory, October 1, 2000, Public Law 106-200. Abstract: Amendments to implement the trade benefit provisions for Caribbean Basin countries contained in title II of the Trade and Development Act of 2000. The trade benefits under title II, also referred to as the United States-Caribbean Basin Trade Partnership Act (the CBTPA), apply to Caribbean Basin countries designated by the President and involve the entry of specific textile and apparel articles free of duty and free of any quantitative restrictions, limitations, or consultation levels and the extension of NAFTA duty treatment standards to non-textile articles that are excluded from duty-free treatment under the Caribbean Basin Initiative program. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule Effective 10/01/00 65 FR 59650 Interim Final Rule 10/05/00 65 FR 59650 Interim Final Rule Comment Period End 12/04/00 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Craig Walker, Senior Attorney-Advisor, Department of the Treasury, United States Customs Service, Special Classification and Marking Branch, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8836 Leon Hayward, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-9704 [[Page 75046]] Cynthia Reese, Senior Attorney, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8812 RIN: 1515-AC76 _______________________________________________________________________ 2641. RULES OF ORIGIN FOR TEXTILE AND APPAREL PRODUCTS Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 3314; 19 USC 3592 CFR Citation: 19 CFR 102 Legal Deadline: None Abstract: Amendment to align the existing country of origin rules for textiles and apparel products with the statutory amendments to section 334 of the Uruguay Round Agreements Act, as set forth in section 405 within title IV of the Trade and Development Act of 2000. The amendment to the Customs Regulations reflects the amendments set forth in section 405 regarding the processing operations necessary to confer country of origin status to certain textile fabrics and made-up articles. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 05/01/01 66 FR 21660 Interim Final Rule Effective 05/01/01 Interim Final Rule Comment Period End 07/02/01 Final Action 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Cynthia Reese, Senior Attorney, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8812 RIN: 1515-AC80 _______________________________________________________________________ 2642. USER FEES Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 58a to 58c; 19 USC 66; 19 USC 1202; 19 USC 1505; 19 USC 1624; 26 USC 4461; 26 USC 4462; 31 USC 9701 CFR Citation: 19 CFR 24; 19 CFR 111 Legal Deadline: None Abstract: Amendment to reflect amendments to 19 U.S.C. 58c, the Customs user fee statute, made by the Miscellaneous Trade and Technical Corrections Act of 1999 (the Act), as well as prior legislative changes to that user fee statute. Amendment sets forth, pursuant to the Act, the new fee structure for passengers arriving in the United States aboard commercial vessels and aircraft, and clarifies how Customs administers certain user fees. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/18/02 67 FR 11954 NPRM Comment Period End 05/17/02 Final Action 05/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robert Reiley, Financial Officer, Financial Management Division, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-1504 RIN: 1515-AC81 _______________________________________________________________________ 2643. DOG AND CAT PROTECTION ACT Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1308; 19 USC 1592; 19 USC 1593a; 19 USC 1624 CFR Citation: 19 CFR 12; 19 CFR 113; 19 CFR 151; 19 CFR 162 Legal Deadline: Final, Statutory, August 9, 2001, Public Law 106-476. Abstract: Amendment to implement certain provisions of the Dog and Cat Protection Act of 2000. The Dog and Cat Protection Act of 2000 prohibits the importation of any products containing dog or cat fur, and provides for civil and criminal penalties for violations of the Act. Amendment sets forth the prohibitions on dog and cat fur importations and the penalties for violations. Amendment also implements the provision of the Act pertaining to Customs certification process of commercial laboratories, both domestic and foreign, that can determine if articles intended to be imported into the United States contain dog or cat fur. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/10/01 66 FR 42163 NPRM Comment Period End 10/09/01 Final Action 05/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Luan Cotter, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-1249 Renee Stevens, Science Officer, Department of the Treasury, United States Customs Service, Office of Laboratories and Scientific Services, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0941 Jeremy Baskin, Attorney-Advisor, Penalties Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8753 RIN: 1515-AC87 _______________________________________________________________________ 2644. PROTOTYPES USED SOLELY FOR PRODUCT DEVELOPMENT, TESTING, EVALUATION OR QUALITY CONTROL PURPOSES Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1321; 19 USC 1481; 19 USC 1484; 19 USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624; PL 106- 476 CFR Citation: 19 CFR 10; 19 CFR 163 Legal Deadline: Final, Statutory, September 9, 2001, Public Law 106- 476. Abstract: Amendment to establish rules and procedures under the Product Development and Testing Act of 2000 (PDTA). The purpose of the PDTA is to promote product development and testing in the United States by allowing the duty-free entry of articles, commonly referred to as prototypes, that are to be used exclusively in product development, testing, evaluation and quality control. [[Page 75047]] Amendments set forth the procedures for both the identification of those prototypes properly entitled to duty-free entry, as well as the permissible sale of such prototypes, following use in the United States, as scrap, waste, or for recycling. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/08/02 67 FR 10636 NPRM Comment Period End 04/08/02 Final Action 04/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Patricia Fitzpatrick, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-1106 RIN: 1515-AC88 _______________________________________________________________________ 2645. PREFERENTIAL TREATMENT OF BRASSIERES UNDER THE UNITED STATES- CARIBBEAN BASIN TRADE PARTNERSHIP ACT Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1321; 19 USC 1481; 19 USC 1484; 19 USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624; 19 USC 2701; 19 USC 3314 CFR Citation: 19 CFR 10; 19 CFR 163 Legal Deadline: Final, Statutory, October 1, 2001, Public Law 106-200. Abstract: Amendment to implement those provisions within the United States-Caribbean Basin Trade Partnership Act (the CBTPA) that establish standards for preferential treatment for brassieres imported from CBTPA beneficiary countries. The amendments involve specifically the methods, procedures and related standards that will apply for purposes of determining compliance with the 75 percent aggregate U.S. fabric components content requirement under the CBTPA brassieres provision. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 10/04/01 66 FR 50534 Interim Final Rule Effective 10/04/01 Correction 10/11/01 66 FR 51864 Interim Final Rule Comment Period End 12/03/01 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Dick Crichton, Operations Officer, Office of Field Operations, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0162 Cynthia Reese, Senior Attorney, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8812 RIN: 1515-AC89 _______________________________________________________________________ 2646. SINGLE ENTRY FOR SPLIT SHIPMENTS Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1448; 19 USC 1484; 19 USC 1624 CFR Citation: 19 CFR 141; 19 CFR 142 Legal Deadline: Final, Statutory, May 9, 2001, Public Law 106-476. Abstract: Amendment to allow an importer of record, under certain conditions, to submit a single entry to cover multiple portions of a single shipment which was split by the carrier and arrives in the United States at different times. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/16/01 66 FR 57688 NPRM Comment Period End 01/15/02 Comment Period Extended 02/14/02 67 FR 3135 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Larry L. Burton, Chief, Entry Procedures and Carriers Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8724 RIN: 1515-AC91 _______________________________________________________________________ 2647. SINGLE ENTRY FOR UNASSEMBLED OR DISASSEMBLED ENTITIES IMPORTED ON MULTIPLE CONVEYANCES Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1448; 19 USC 1484; 19 USC 1624 CFR Citation: 19 CFR 141; 19 CFR 142 Legal Deadline: Final, Statutory, May 9, 2001, Public Law 106-476. Abstract: Amendment to allow an importer of record, under certain conditions, to submit a single entry to cover multiple portions of a single entity which, due to its size or nature, arrives in the United States on separate conveyances. Amendment implements statutory changes made to the merchandise entry laws by the Tariff Suspension and Trade Act of 2000. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/08/02 67 FR 16664 NPRM Comment Period End 06/07/02 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Larry L. Burton, Chief, Entry Procedures and Carriers Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8724 Patricia Fitzpatrick, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-1106 RIN: 1515-AC94 _______________________________________________________________________ 2648. CIVIL FINES FOR IMPORTATION OF MERCHANDISE BEARING A COUNTERFEIT MARK Priority: Substantive, Nonsignificant Legal Authority: 17 USC 101; 17 USC 601 to 603; 19 USC 66; 19 USC 1624; 31 USC 9701 CFR Citation: 19 CFR 133 Legal Deadline: None [[Page 75048]] Abstract: Amendment pertaining to the importation of merchandise bearing a counterfeit mark to clarify the limit on the amount of a civil fine which may be assessed by Customs when merchandise bearing a counterfeit mark is imported. Current regulations use, as a measurement for determining the limit, the domestic value of merchandise as if it had been genuine, based on the manufacturer's suggested retail price of the merchandise at the time of seizure. The amendment adheres more closely to the statutory language, basing the limit of the civil fine on the value of the genuine goods according to the manufacturer's suggested retail price, without any reference to domestic value. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/07/02 67 FR 39321 NPRM Comment Period End 08/06/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Lynne O. Robinson, Attorney, Penalties Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8743 RIN: 1515-AC98 _______________________________________________________________________ 2649. PASSENGER AND CREW MANIFESTS REQUIRED FOR PASSENGER FLIGHTS IN FOREIGN AIR TRANSPORTATION TO THE UNITED STATES Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 58b; 19 USC 66; 19 USC 1433; 19 USC 1436; 19 USC 1448; 19 USC 1459; 19 USC 1590; 19 USC 1594; 19 USC 1623; 19 USC 1624; 19 USC 1644; 19 USC 1644a; 49 USC 44909(c); 19 USC 1431 CFR Citation: 19 CFR 122 Legal Deadline: None Abstract: Amendment to implement a provision of the Aviation and Transportation Security Act which requires that each air carrier, foreign and domestic, operating a passenger flight in foreign air transportation to the United States electronically transmit to Customs in advance of arrival a passenger and crew manifest that contains certain specified information. The submission of this information to Customs is required for purposes of ensuring aviation safety and protecting national security. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 12/31/01 66 FR 67482 Interim Final Rule Comment Period End 03/01/02 Final Action 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: James Jeffers, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-4444 RIN: 1515-AC99 _______________________________________________________________________ 2650. MANUFACTURING SUBSTITUTION DRAWBACK: DUTY APPORTIONMENT Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1313; 19 USC 1624 CFR Citation: 19 CFR 191 Legal Deadline: None Abstract: Amendment to provide the method for calculating manufacturing substitution drawback where imported merchandise, which is dutiable on its value, contains a chemical element and amounts of that chemical element are used in the manufacture or production of articles which are either exported or destroyed under Customs supervision. Recent court cases have held that a chemical element that is contained in an imported material that is subject to an ad valorem rate of duty may be designated as same kind and quality merchandise for drawback purposes. Amendment provides the method by which the duty attributable to the chemical element can be apportioned. Amendment requires a drawback claimant, where applicable, to make this apportionment calculation. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 07/24/02 67 FR 48368 Interim Final Rule Effective 07/24/02 Interim Final Rule Comment Period End 09/23/02 Final Action 05/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: William G. Rosoff, Chief, Duty Refund and Determination Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8807 RIN: 1515-AD02 _______________________________________________________________________ 2651. ACCESS TO CUSTOMS SECURITY AREAS AT AIRPORTS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 58b; 19 USC 66; 19 USC 1433; 19 USC 1436; 19 USC 1448; 19 USC 1459; 19 USC 1590; 19 USC 1594; 19 USC 1623; 19 USC 1624; 19 USC 1644; 19 USC 1644a CFR Citation: 19 CFR 122 Legal Deadline: None Abstract: Amendments regarding the standards for employee access to Customs security areas at airports that accommodate international air commerce. Amendments involve the addition of a biennial access approval reapplication requirement, an expansion of the grounds for denial of an application for access, the addition of a requirement that each employee granted access must report to Customs certain changes in the employee's circumstances, the inclusion of several new employer responsibilities, an expansion of the grounds for revocation or suspension of access and for proposed revocation or suspension of access, and a limitation of the opportunity to have a hearing in a revocation or suspension action to only cases in which there is a genuine issue regarding a material fact. The changes are needed to enhance the security areas and are commensurate with the heightened enforcement posture of the Federal Government following the September 11, 2001, terrorist attacks. [[Page 75049]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 07/29/02 67 FR 48977 Interim Final Rule Effective 07/29/02 Interim Final Rule Comment Period End 09/27/02 Final Action 04/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Elizabeth Tritt, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-4434 RIN: 1515-AD04 _______________________________________________________________________ 2652. CONDITIONAL RELEASE PERIOD AND CUSTOMS BOND OBLIGATIONS FOR FOOD, DRUGS, DEVICES AND COSMETICS Priority: Substantive, Nonsignificant Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1448; 19 USC 1484; 19 USC 1499; 19 USC 1623; 19 USC 1624; 21 USC 381 CFR Citation: 19 CFR 141; 19 CFR 151 Legal Deadline: None Abstract: Amendment to provide for a specific conditional release period for any food, drug, device, or cosmetic which has been released under bond and for which admissibility is to be determined under the provisions of the Food, Drug and Cosmetic Act. Amendment also clarifies the amount of liquidated damages that may be assessed when there is a breach of the terms and conditions of the Customs bond. Lastly, amendment authorizes any representative of the Food and Drug Administration to obtain a sample of any food, drug, device, or cosmetic, the importation of which is governed by section 801 of the Food, Drug and Cosmetic Act, as amended. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/07/02 67 FR 39322 NPRM Comment Period End 08/06/02 Final Action 02/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Jeremy Baskin, Attorney-Advisor, Penalties Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8753 RIN: 1515-AD05 _______________________________________________________________________ 2653. PASSENGER NAME RECORD INFORMATION REQUIRED FOR PASSENGERS ON FLIGHTS IN FOREIGN AIR TRANSPORTATION TO OR FROM THE UNITED STATES Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 58b; 19 USC 66; 19 USC 1433; 19 USC 1436; 19 USC 1448; 19 USC 1459; 19 USC 1590; 19 USC 1594; 19 USC 1623; 19 USC 1624; 19 USC 1644; 19 USC 1644a; 19 USC 1431; 49 USC 44909(c) CFR Citation: 19 CFR 122 Legal Deadline: None Abstract: Amendment to implement a provision of the Aviation and Transportation Security Act which requires that air carriers make Passenger Name Record (PNR) information available to Customs upon request. The availability of PNR information to Customs is necessary for purposes of ensuring aviation safety and protecting national security. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 06/25/02 67 FR 42710 Interim Final Rule Effective 06/25/02 Interim Final Rule Comment Period End 08/26/02 Final Action 01/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Liliana Quintero, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenu NW., Washington, DC 20229 Phone: 202 927-2531 RIN: 1515-AD06 _______________________________________________________________________ 2654. [bull] ENTRY OF CERTAIN STEEL PRODUCTS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624 CFR Citation: 19 CFR 12 Legal Deadline: None Abstract: Amendment to set forth special requirements for the entry of certain steel products. The steel products in question are those listed by the President in Proclamation 7529 of March 5, 2002, pursuant to the safeguard provisions of section 203 of the Trade Act of 1974, including those products subject to country exceptions and product exclusions. Amendment would require the inclusion of an import license number on the entry summary documentation filed with Customs for any steel product for which the U.S. Department of Commerce requires an import license under its steel licensing and import monitoring program. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/09/02 67 FR 51800 NPRM Comment Period End 09/09/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Patricia Fitzpatrick, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-1106 RIN: 1515-AD15 [[Page 75050]] _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions United States Customs Service (CUSTOMS) _______________________________________________________________________ 2655. ENTRY OF SOFTWOOD LUMBER SHIPMENTS FROM CANADA Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 12; 19 CFR 113 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 02/26/97 62 FR 8620 Interim Final Rule Effective 02/26/97 Interim Final Rule Comment Period End 04/28/97 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Leon Hayward Phone: 202 927-9704 Related RIN: Related To 1515-AC62 RIN: 1515-AB97 _______________________________________________________________________ 2656. DESIGNATED LAND BORDER CROSSING LOCATIONS FOR CERTAIN CONVEYANCES Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 123 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/17/97 62 FR 61251 NPRM Comment Period End 01/16/98 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Dennis Dore Phone: 202 927-3274 RIN: 1515-AC12 _______________________________________________________________________ 2657. EXPANDED METHODS OF PAYMENT OF DUTIES, TAXES, INTEREST AND FEES Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 24 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/17/99 64 FR 13141 NPRM Comment Period End 05/17/99 Final Action 10/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Linda Lloyd Phone: 202 927-0119 RIN: 1515-AC40 _______________________________________________________________________ 2658. ENTRY OF SOFTWOOD LUMBER SHIPMENTS FROM CANADA Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 12 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 05/23/00 65 FR 33251 Interim Final Rule Effective 05/23/00 Interim Final Rule Comment Period End 07/24/00 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Leon Hayward Phone: 202 927-9704 Related RIN: Related To 1515-AB97 RIN: 1515-AC62 _______________________________________________________________________ 2659. PRIVATE AIRCRAFT PROGRAMS: ESTABLISHMENT OF THE GENERAL AVIATION TELEPHONIC ENTRY (GATE) PROGRAM AND REVISIONS TO THE OVERFLIGHT PROGRAM Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 122; 19 CFR 123 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/03/01 66 FR 40649 NPRM Comment Period End 10/02/01 Final Action 10/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Steve Gilbert Phone: 202 927-1391 RIN: 1515-AC73 _______________________________________________________________________ 2660. AMENDMENT TO WOOL DUTY REFUND PROGRAM Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 10 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 04/23/01 66 FR 20392 Interim Final Rule Effective 04/23/01 Interim Final Rule Comment Period End 06/22/01 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Debbie Scott Phone: 202 927-1962 RIN: 1515-AC85 _______________________________________________________________________ 2661. PROCEDURES GOVERNING THE BORDER RELEASE ADVANCED SCREENING AND SELECTIVITY (BRASS) PROGRAM Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 24; 19 CFR 123; 19 CFR 132; 19 CFR 142 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/01/02 67 FR 4930 NPRM Comment Period End 04/02/02 Final Action To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Enrique S. Tamayo Phone: 202 927-0693 RIN: 1515-AC92 [[Page 75051]] _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions United States Customs Service (CUSTOMS) _______________________________________________________________________ 2662. ADMINISTRATIVE RULINGS Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 177 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 08/16/02 67 FR 53483 Final Action Effective 09/16/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: John Elkins Phone: 202 572-8813 RIN: 1515-AC56 _______________________________________________________________________ 2663. GENERAL ORDER WAREHOUSES Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 4; 19 CFR 19; 19 CFR 122; 19 CFR 123; 19 CFR 127 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 11/08/02 67 FR 68027 Final Action Effective 12/09/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Raymond Janiszewski Phone: 202 927-0365 RIN: 1515-AC57 _______________________________________________________________________ 2664. CIVIL AIRCRAFT Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 10 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 06/07/02 67 FR 39286 Final Action Effective 07/08/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Richard Wallio Phone: 202 927-9704 RIN: 1515-AC59 _______________________________________________________________________ 2665. MERCHANDISE PROCESSING FEE ELIGIBLE TO BE CLAIMED AS UNUSED MERCHANDISE DRAWBACK Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 191 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 07/25/02 67 FR 48547 Final Action Effective 07/25/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: William G. Rosoff Phone: 202 572-8807 RIN: 1515-AC67 _______________________________________________________________________ 2666. DUTY-FREE TREATMENT FOR CERTAIN BEVERAGES MADE WITH CARIBBEAN RUM Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 10; 19 CFR 163 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 10/09/02 67 FR 62880 Final Action Effective 10/09/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Leon Hayward Phone: 202 927-9704 RIN: 1515-AC78 _______________________________________________________________________ 2667. AMENDED PROCEDURE FOR OBTAINING REFUNDS OF HARBOR MAINTENANCE FEES PAID ON EXPORTS OF MERCHANDISE Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 24 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 05/13/02 67 FR 31948 Final Action Effective 05/13/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Deborah Thompson Phone: 317 298-1200 RIN: 1515-AC82 _______________________________________________________________________ 2668. LICENSES FOR CERTAIN WORSTED WOOL FABRICS SUBJECT TO TARIFF-RATE QUOTA Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 132; 19 CFR 163 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 08/30/02 67 FR 55722 Final Action Effective 08/30/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Thomas Fitzpatrick Phone: 202 927-5385 RIN: 1515-AC83 _______________________________________________________________________ 2669. [bull] IMPORT RESTRICTIONS IMPOSED ON PRE-CLASSICAL AND CLASSICAL ARCHAEOLOGICAL MATERIAL ORIGINATING IN CYPRUS Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 2612 CFR Citation: 19 CFR 12 Legal Deadline: None Abstract: Amendment to reflect the imposition of import restrictions on certain archaeological material originating in Cyprus and representing the pre-Classical and Classical periods of its cultural heritage, ranging in date from approximately the 8th millenium B.C. to approximately 330 A.D. These restrictions are being imposed pursuant to an agreement between the United States and the Republic of Cyprus that has been entered into under the authority of the Convention on Cultural Property Implementation Act in accordance with the United Nations Educational, Scientific and Cultural Organization Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 07/19/02 67 FR 47447 Final Action Effective 07/19/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8701 Alfred Morawski, Chief, Other Government Agencies Branch, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 [[Page 75052]] Phone: 202 927-0402 RIN: 1515-AC86 _______________________________________________________________________ 2670. RE-USE OF AIR WAYBILL NUMBER ON AIR CARGO MANIFEST Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 122 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 08/30/02 67 FR 55720 Final Action Effective 09/30/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robert Scholtens Phone: 202 927-3459 RIN: 1515-AD01 _______________________________________________________________________ 2671. ELIMINATION OF TARIFF-RATE QUOTA ON IMPORTED LAMB MEAT Priority: Substantive, Nonsignificant CFR Citation: 19 CFR 132; 19 CFR 163 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action 07/16/02 67 FR 46588 Final Action Effective 07/16/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Thomas Fitzpatrick Phone: 202 927-5385 RIN: 1515-AD09 _______________________________________________________________________ 2672. [bull] PRESENTATION OF VESSEL CARGO MANIFEST TO CUSTOMS BEFORE CARGO IS LADEN ABOARD VESSEL AT FOREIGN PORT FOR TRANSPORT TO THE UNITED STATES Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1431; 19 USC 1433; 19 USC 1434; 19 USC 1446; 19 USC 1450; 19 USC 1486; 19 USC 1490; 19 USC 1623; 19 USC 1624; 46 USC app 3; 46 USC app 91; 46 USC app 883a CFR Citation: 19 CFR 4; 19 CFR 113 Legal Deadline: None Abstract: Amendment to require the advance and accurate presentation of manifest information prior to lading at the foreign port and to encourage the electronic presentation of such information in advance. Amendment also to allow a non-vessel operating common carrier (NVOCC) having an International Carrier Bond to electronically present this cargo manifest information to Customs. This information is required in advance and is urgently needed in order to enable Customs to evaluate the risk of smuggling before goods are loaded on vessels for importation into the United States, including the risk of smuggling of weapons of mass destruction through the use of oceangoing cargo containers, while at the same time, enabling Customs to facilitate the prompt release of legitimate cargo. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/08/02 67 FR 51519 NPRM Comment Period End 09/09/02 Final Action 10/31/02 67 FR 66318 Final Action Effective 12/02/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Larry L. Burton, Chief, Entry Procedures and Carriers Branch, Department of the Treasury, United States Customs Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8724 Kimberly Nott, Operations Officer, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0042 RIN: 1515-AD11 _______________________________________________________________________ 2673. [bull] EXTENSION OF IMPORT RESTRICTIONS IMPOSED ON ARCHAEOLOGICAL AND ETHNOLOGICAL MATERIAL FROM PERU Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 2612 CFR Citation: 19 CFR 12 Legal Deadline: None Abstract: Amendment to extend the import restrictions on certain archaeological and ethnological materials originating in Peru. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 06/06/02 67 FR 38877 Final Action Effective 06/09/02 67 FR 43247 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8701 Alfred Morawski, Chief, Other Government Agencies Branch, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0402 RIN: 1515-AD12 _______________________________________________________________________ 2674. [bull] EXTENSION OF IMPORT RESTRICTIONS IMPOSED ON ARCHAEOLOGICAL MATERIAL FROM MALI Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 2612 CFR Citation: 19 CFR 12 Legal Deadline: None Abstract: Amendment to extend the import restrictions on certain archaeological material from Mali. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 09/20/02 67 FR 59159 Final Action Effective 09/19/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8701 Alfred Morawski, Chief, Other Government Agencies Branch, Department of the Treasury, United [[Page 75053]] States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0402 RIN: 1515-AD16 _______________________________________________________________________ 2675. [bull] EXTENSION OF IMPORT RESTRICTIONS IMPOSED ON ARCHAEOLOGICAL MATERIAL FROM GUATEMALA Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 2612 CFR Citation: 19 CFR 12 Legal Deadline: None Abstract: Amendment to extend the import restrictions on certain archaeological material originating in the Republic of Guatemala. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action 09/30/02 67 FR 61259 Final Action Effective 09/29/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights Branch, Department of the Treasury, United States Customs Service, Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 572-8701 Alfred Morawski, Chief, Other Government Agencies Branch, Department of the Treasury, United States Customs Service, Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229 Phone: 202 927-0402 RIN: 1515-AD17 BILLING CODE 4820-02-S _______________________________________________________________________ Department of the Treasury (TREAS) Prerule Stage Internal Revenue Service (IRS) _______________________________________________________________________ 2676. [bull] CIRCULAR 230--PHASE 2 NON-SHELTER REVISIONS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 330 CFR Citation: 26 CFR 10 Legal Deadline: None Abstract: These regulations propose amendments to the rules governing practice before the Internal Revenue Service. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-122380-02 Drafting attorney: Brinton T. Warren (202) 622-4940 Reviewing attorney: Richard S. Goldstein (202) 622-7820 Treasury attorney: Julian Kim (202) 622-1981 CC:P&A:APJP Agency Contact: Brinton T. Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BA72 _______________________________________________________________________ 2677. [bull] COMMUNICATIONS EXCISE TAX; TAXABLE COMMUNICATION SERVICES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 4251; 26 USC 7805 CFR Citation: 26 CFR 49 Legal Deadline: None Abstract: This regulation provides a definition of taxable communications services under section 4251. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-137076-02 Drafting attorney: Cynthia McGreevy (202) 622-3130 Reviewing attorney: Richard A. Kocak (202) 622-3130 Treasury attorney: John Parcell (202) 622-2578 CC:P&SI Agency Contact: Cynthia McGreevy, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3130 RIN: 1545-BB04 _______________________________________________________________________ 2678. [bull] MIXED USE OUTPUT FACILITIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This advance notice of proposed rulemaking describes and illustrates rules that the Internal Revenue Service and Treasury Department expect to propose in a notice of proposed rulemaking. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: State, Local Federalism: Undetermined Additional Information: REG-142599-02 Drafting attorney: Rose M. Weber (202) 622-3980 Reviewing attorney: Bruce M. Serchuk (202) 622-3980 Treasury attorney: Stephen J. Watson (202) 622-1322 CC:TEGE Agency Contact: Rose M. Weber, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3980 [[Page 75054]] Fax: 202 622-4437 RIN: 1545-BB23 _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage Internal Revenue Service (IRS) _______________________________________________________________________ 2679. INTEGRATED FINANCIAL TRANSACTION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 864 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation addresses whether matched book sale and repurchase transactions conducted by securities dealers qualify as integrated financial transactions under section 1.861-10(c). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209604-93 (INTL-001-93) Drafting attorney: Kenneth P. Christman (202) 622-3870 Reviewing attorney: Paul S. Epstein (202) 622-3870 Treasury attorney: Patricia Brown (202) 622-1781 CC:INTL Agency Contact: Kenneth P. Christman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3870 RIN: 1545-AR20 _______________________________________________________________________ 2680. INTERCOMPANY TRANSFER PRICING FOR SERVICES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations will address the transfer pricing of services between related parties. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209579-92 (INTL-051-92) Drafting attorney: J. Peter Luedtke (202) 874-1490 Reviewing attorney: Elizabeth Beck (202) 874-1490 Treasury attorney: Rocco Femia (202) 622-1755 CC:INTL Agency Contact: J. Peter Luedtke, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 950 L'Enfant Plaza SW, Washington, DC 20024 Phone: 202 874-1490 RIN: 1545-AR32 _______________________________________________________________________ 2681. CAPITAL GAIN GUIDANCE RELATING TO CRTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1; 26 USC 664 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation provides capital gain guidance relating to charitable remainder trusts in light of the changes made to section 1(h) of the Internal Revenue Code by the Taxpayer Relief Act of 1997. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-110896-98 Drafting attorney: William C. Bomar (202) 622-7830 Reviewing attorney: Katherine A. Mellody (202) 622-3090 Treasury attorney: Catherine Hughes (202) 622-9407 CC:P&SI Agency Contact: William C. Bomar, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7830 RIN: 1545-AW35 _______________________________________________________________________ 2682. CONSTRUCTIVE SALES OF APPRECIATED FINANCIAL POSITIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1259 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations relate to principles for determining if a taxpayer has constructively sold an appreciated financial position. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: Businesses, Organizations Government Levels Affected: None Additional Information: REG-102191-98 Drafting attorney: Kathleen Sleeth (202) 622-3920 Reviewing attorney: Alvin Kraft (202) 622-3920 Treasury attorney: Michael Novey (202) 622-1339 CC:FI&P Agency Contact: Kathleen Sleeth, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3920 RIN: 1545-AW97 [[Page 75055]] _______________________________________________________________________ 2683. STRADDLES--ONE SIDE LARGER THAN THE OTHER Priority: Substantive, Nonsignificant Legal Authority: 26 USC 1092 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: A ``straddle'' occurs, for purposes of section 1092 of the Internal Revenue Code, when a taxpayer enters into two separate positions in financial instruments that ``offset'' each other. Positions offset each other when, taken together, they substantially diminish the taxpayer's risk of loss. A taxpayer in a ``straddle'' is subject to various limitations on recognition of loss on the positions until both positions are liquidated. These regulations deal with the situation in which one position is larger than the other (that is, the diminution of the risk of loss for one position is only partial). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-107335-99 Drafting attorney: Charles W. Culmer (202) 622-3960 Reviewing attorney: Robert Williams (202) 622-3960 Treasury attorney: Viva Hammer (202) 622-0869 CC:FI&P Agency Contact: Charles W. Culmer, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3960 RIN: 1545-AX16 _______________________________________________________________________ 2684. CASH OR DEFERRED ARRANGEMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation updates and revises regulations on qualified cash or deferred arrangements, ``matching'' contributions, and employee contributions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-108639-99 Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6080 Reviewing attorney: Marjorie Hoffman (202) 622-6030 Treasury attorney: W. Thomas Reeder (202) 622-1341 CC:TEGE Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AX26 _______________________________________________________________________ 2685. INSPECTION OF WRITTEN DETERMINATIONS Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation amends Treasury Regulation section 301.6110 to include Chief Counsel Advice. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-113129-98 Drafting attorney: Deborah Lambert-Dean (202) 622-4570 Reviewing attorney: Donald Squires (202) 622-4570 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:D&PL Agency Contact: Deborah Lambert-Dean, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4570 Fax: 202 622-9888 RIN: 1545-AX40 _______________________________________________________________________ 2686. CASH OR DEFERRED ARRANGEMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The proposed regulations update and revise regulations for cash or deferred arrangements. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-108639-99 Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6080 Reviewing attorney: Marjorie Hoffman (202) 622-6030 Treasury attorney: W. Thomas Reeder (202) 622-1341 CC:TEGE Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AX43 _______________________________________________________________________ 2687. AWARDING OF COSTS AND CERTAIN FEES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 7430 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The proposed amendments to the Treasury Regulations incorporate the 1997 and 1998 amendments to 26 U.S.C. 7430, relating to the awarding of attorney's fees in administrative and court proceedings. The amendments to 26 U.S.C. 7430 were enacted under the Taxpayer Relief Act of 1997 and the IRS Restructuring and Reform Act of 1998. [[Page 75056]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-111833-99 Drafting attorney: Kerry H. Bryan (202) 622-7940 Reviewing attorneys: Susan T. Mosley (202) 622-7940 and Henry S. Schneiderman (202) 622-7820 Treasury attorney: Julian Kim (202) 622-1981 CC:PA:APJP Agency Contact: Kerry H. Bryan, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7940 RIN: 1545-AX46 _______________________________________________________________________ 2688. HIGHLY COMPENSATED EMPLOYEE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 414 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations provide the definition of highly compensated employee. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-111277-99 Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6080 Reviewing attorney: Marjorie Hoffman (202) 622-6030 CC:TEGE Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AX48 _______________________________________________________________________ 2689. MODIFICATION TO SECTION 367(A) STOCK TRANSFER REGULATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 367 CFR Citation: 26 CFR 1; 26 CFR 602 Legal Deadline: None Abstract: This regulation will modify section 367(a), stock transfer regulations, to address abuses under check-the-box and through the use of convertible stock. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-116053-99 Drafting attorney: Robert W. Lorence (202) 622-3860 Reviewing attorney: Charles Besecky (202) 622-3860 Treasury attorney: Michael Caballero (202) 622-0851 CC:INTL Agency Contact: Robert W. Lorence, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 Fax: 202 622-4476 RIN: 1545-AX77 _______________________________________________________________________ 2690. ASSUMPTION OF PARTNERSHIP LIABILITIES Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 752 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation prevents the acceleration or duplication of losses through the assumption of liabilities in transactions involving partnerships. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-106736-00 Drafting attorney: Horace Howells (202) 622-3050 Reviewing attorney: Dianna Miosi (202) 622-3050 Treasury attorney: Deborah Harrington (202) 622-1788 CC:P&SI Agency Contact: Horace Howells, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3050 RIN: 1545-AX93 _______________________________________________________________________ 2691. LIKE-KIND EXCHANGES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 168; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations relate to like-kind exchanges under section 168 of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-106590-00 Drafting attorney: Alan H. Cooper (202) 622-3110 Reviewing attorney: Charles Ramsey (202) 622-3110 Treasury attorney: Christopher Ohmes (202) 622-1335 CC:P&SI Agency Contact: Alan H. Cooper, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3110 RIN: 1545-AX95 [[Page 75057]] _______________________________________________________________________ 2692. ELECTING MARK-TO-MARKET FOR MARKETABLE STOCK OF A PFIC Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1296 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation describes the methods and procedures for electing mark-to-market treatment for marketable stock of a PFIC. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/31/02 67 FR 49634 Hearing 11/06/02 67 FR 49634 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-112306-00 Drafting attorney: Mark R. Pollard (202) 622-3850 Reviewing attorney: Phyllis Marcus (202) 622-3840 CC:INTL Agency Contact: Mark R. Pollard, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 RIN: 1545-AY17 _______________________________________________________________________ 2693. GUIDANCE ON CHANGES TO THE LAWS FOR CORPORATE ESTIMATED TAXES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6655 CFR Citation: Not Yet Determined Legal Deadline: None Abstract: The proposed regulations provide guidance on changes to the law for corporate estimated taxes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-107722-00 Drafting attorney: Robert A. Desilets, Jr. (202) 622-4910 Reviewing attorney: Pamela W. Fuller (202) 622-4910 Treasury attorney: Christopher Ohmes (202) 622-1335 CC:P&A:APJP Agency Contact: Robert A. Desilets Jr., Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4910 RIN: 1545-AY22 _______________________________________________________________________ 2694. USE OF TAXPAYER IDENTIFYING NUMBERS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6109; 26 USC 1445; 26 USC 897 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation requires the use of taxpayer identifying numbers on submissions made by foreign taxpayers to reduce or eliminate tax under sections 897 and 1445 of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/26/02 67 FR 48823 Hearing 11/13/02 67 FR 48823 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-106876-00 Drafting attorney: Robert W. Lorence (202) 622-3860 Reviewing attorney: Charles Besecky (202) 622-3860 Treasury attorney: Michael Caballero (202) 622-0851 CC:INTL Agency Contact: Robert W. Lorence, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 Fax: 202 622-4476 RIN: 1545-AY24 _______________________________________________________________________ 2695. DUAL CONSOLIDATED LOSS RECAPTURE EVENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation will revise provisions in section 1503(d) of the Internal Revenue Code relating to dual consolidated losses. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/01/02 67 FR 49892 Hearing 12/03/02 67 FR 49892 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-106879-00 Drafting attorney: Kathryn T. Holman (202) 622-3860 and Kenneth D. Allison (202) 622-3860 Reviewing attorney: Michael H. Frankel (202) 622-3860 CC:INTL Agency Contact: Kathryn T. Holman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 Kenneth D. Allison, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 RIN: 1545-AY27 _______________________________________________________________________ 2696. TAXABLE YEARS OF CFCS AND FPHCS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 898 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will provide definitions and rules for determining the required year for CFCs and FPHCs. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 [[Page 75058]] Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-108523-00 Drafting attorney: Carl M. Cooper (202) 622-3840 Reviewing attorney: Phyllis Marcus (202) 622-3840 Treasury attorney: Patrick Brown (202) 622-1754 CC:INTL Agency Contact: Carl M. Cooper, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3840 RIN: 1545-AY30 _______________________________________________________________________ 2697. ALLOCATION OF INCOME AND DEDUCTIONS FROM INTANGIBLES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 482 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation will address the allocation of income and deductions from intangible property. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-115037-00 Drafting attorney: John M. Breen (202) 874-1490 Reviewing attorney: Anne P. Shelburne (202) 874-1490 Treasury attorney: Rocco Femia (202) 622-1755 CC:INTL Agency Contact: John M. Breen, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 950 L'Enfant Plaza SW, Washington, DC 20224 Phone: 202 874-1490 RIN: 1545-AY38 _______________________________________________________________________ 2698. DOLLAR-VALUE LIFO Priority: Substantive, Nonsignificant Legal Authority: 26 USC 472; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will provide guidance under the dollar-value last-in, first-out (LIFO) inventory method for taxpayers that define LIFO items based on components of cost. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-107580-00 Drafting attorney: Scott H. Rabinowitz (202) 622-4970 Reviewing attorney: Jeffery G. Mitchell (202) 622-4970 Treasury attorney: Sharon Kay (202) 622-0865 CC:IT&A Agency Contact: Scott H. Rabinowitz, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4970 RIN: 1545-AY39 _______________________________________________________________________ 2699. NORMAL RETIREMENT AGE FOR PENSION PLANS Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805 CFR Citation: Not Yet Determined Legal Deadline: None Abstract: These regulations will provide guidance regarding the determination of normal retirement age in a pension plan, including a money purchase pension plan, target benefit plan and defined benefit plan. Section 411(a)(8) defines the term normal retirement age as the earlier of: 1) the time a participant attains normal retirement age under the plan; or 2) the later of the time a plan participant attains age 65, or the 5th anniversary of the time a plan participant commenced participation in the plan. These regulations also would provide section 411(d)(6) relief for amendments that modify a pension plan's normal retirement age to conform with the proposed regulation. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-125499-00 Drafting attorney: Janet A. Laufer (202) 622-6090 Reviewing attorney: Marjorie Hoffman (202) 622-6030 Treasury attorney: William Bortz (202) 622-1352 CC:TEGE Agency Contact: Janet A. Laufer, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6090 Fax: 202 622-4084 RIN: 1545-AY61 _______________________________________________________________________ 2700. LIABILITIES ASSUMED IN CERTAIN CORPORATE TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 357 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These proposed regulations relate to the assumption of liabilities in certain corporate transactions under section 357 of the Internal Revenue Code, and affect corporations and their shareholders. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No [[Page 75059]] Government Levels Affected: None Additional Information: REG-100818-01 Drafting attorney: Douglas C. Bates (202) 622-7550 Reviewing attorney: Debra Carlisle (202) 622-7550 CC:CORP Agency Contact: Douglas C. Bates, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7550 RIN: 1545-AY74 _______________________________________________________________________ 2701. NORMALIZATION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 167; 26 USC 168; 26 USC 46 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations relate to the sale or deregulation of generation assets. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-104385-01 Drafting attorney: David Selig (202) 622-3040 Reviewing attorney: Peter Friedman (202) 622-3110 Treasury attorney: John Parcell (202) 622-2578 CC:P&SI Agency Contact: David Selig, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3040 RIN: 1545-AY75 _______________________________________________________________________ 2702. DISCLOSURE OF RETURNS AND RETURN INFORMATION IN JUDICIAL AND ADMINISTRATIVE TAX PROCEEDINGS Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 6103 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This proposed rule relates to the disclosure of returns and return information in judicial and administrative tax proceedings pursuant to 26 U.S.C. 6103(h)(4). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-120297-01 Drafting attorney: David L. Fish (202) 622-4590 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:DPL Agency Contact: David L. Fish, Senior Technician Reviewer, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4590 RIN: 1545-AY89 _______________________________________________________________________ 2703. PAYMENTS FOR INTEREST IN PARTNERSHIP Priority: Substantive, Nonsignificant Legal Authority: 26 USC 736 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The proposed regulations relate to section 736(b)(3)(B), regarding payments for interest in a partnership if the retiring or deceased partner was a general partner in the partnership. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-123382-01 Drafting attorney: James M. Gergurich (202) 622-3070 Reviewing attorney: Christine Ellison (202) 622-3070 CC:P&SI Agency Contact: James M. Gergurich, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3070 RIN: 1545-AY90 _______________________________________________________________________ 2704. TAX SHELTER PENALTIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6662; 26 USC 6664 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: The proposed regulations relate to sections 6662 and 6664 regarding tax shelter penalties. The project has arisen in connection with the revision to Circular 230. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-126016-01 Drafting attorney: Brinton T. Warren (202) 622-4940 Reviewing attorney: Richard S. Goldstein (202) 622-7820 Treasury attorney: Julian Kim (202) 622-1981 CC:P&A:APJP Agency Contact: Brinton T. Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-AY97 _______________________________________________________________________ 2705. EXPENDITURES IN CONNECTION WITH THE CREATION OF INTANGIBLE ASSETS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 263 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The proposed regulations provide guidance on the treatment of [[Page 75060]] costs incurred in connection with the creation of an intangible asset. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-125638-01 Drafting attorney: Andrew J. Keyso, Jr. (202) 622-5020 Reviewing attorney: Robert Casey (202) 622-4950 Treasury attorney: Jodi Cohen (202) 622-0160 CC:IT&A Agency Contact: Andrew J. Keyso Jr., Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-5020 RIN: 1545-BA00 _______________________________________________________________________ 2706. ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 864 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation provides guidance with respect to methods of apportioning interest expense under section 864(e) of the Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-129447-01 Drafting attorney: Melissa D. Arndt (202) 622-3850 Reviewing attorney: Anne Devereaux (202) 622-3850 Treasury attorneys: Michael Caballero (202) 622-0851, John Harrington (202) 622-0589 CC:INTL Agency Contact: Melissa D. Arndt, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 RIN: 1545-BA02 _______________________________________________________________________ 2707. REDUCTIONS OF ACCRUALS AND ALLOCATIONS BECAUSE OF INCREASED AGE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 411; 26 USC 411 CFR Citation: 26 CFR 1 Legal Deadline: Final, Statutory, February 1, 1988. Abstract: These regulations will prescribe rules regarding the requirement that accruals and allocations under qualified retirement plans cannot be reduced because of the attainment of any age. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses, Organizations Government Levels Affected: None Additional Information: REG-209500-86 Drafting attorney: Linda S.F. Marshall (202) 622-6090 Reviewing attorney: Marjorie Hoffman (202) 622-6090 Treasury attorney: Harlan Weller (202) 622-1001 CC:TEGE Agency Contact: Linda S.F. Marshall, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6090 RIN: 1545-BA10 _______________________________________________________________________ 2708. TRANSACTIONS INVOLVING OBLIGATIONS OF CONSOLIDATED GROUP MEMBERS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1502 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The proposed regulations are in regard to intercompany obligations. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-107592-00 Drafting attorney: Frances Kelly (202) 622-7770 Reviewing attorney: Michael J. Wilder (202) 622-7750 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Frances Kelly, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7770 RIN: 1545-BA11 _______________________________________________________________________ 2709. DEDUCTIBILITY OF EMPLOYER CONTRIBUTIONS FOR DEFERRED COMPENSATION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations will update and clarify the general rules for deductibility of employer contributions to qualified retirement plans and other deferred compensation arrangements. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-139449-01 Drafting attorney: Linda S.F. Marshall (202) 622-6090 Reviewing attorney: Mark Schwimmer (202) 622-6090 Treasury attorney: Thomas Reeder (202) 622-1341 [[Page 75061]] CC:TEGE Agency Contact: Linda S.F. Marshall, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6090 RIN: 1545-BA13 _______________________________________________________________________ 2710. CONTINUATION OF A CONSOLIDATED GROUP Priority: Substantive, Nonsignificant Legal Authority: 26 USC 1502 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation addresses issues related to the continuation of consolidated groups under 1.1502-75. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-126022-01 Drafting attorney: Christopher M. Bass (202) 622-7770 Reviewing attorney: Edward Cohen (202) 622-7770 CC:CORP Agency Contact: Christopher M. Bass, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7770 RIN: 1545-BA14 _______________________________________________________________________ 2711. PROPERTY EXEMPT FROM LEVY Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6334 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation will describe the judicial procedures for approval of a principal residence seizure, pursuant to I.R.C. sections 6334(a)(13(B)(i) and 6334(e)(1). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-140378-01 Drafting attorney: Robin M. Ferguson (202) 622-3610 Reviewing attorney: Alan Levine (202) 622-3610 CC:P&A:CB&S Agency Contact: Robin M. Ferguson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3610 RIN: 1545-BA22 _______________________________________________________________________ 2712. GASOLINE TAX CLAIMS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 48 Legal Deadline: None Abstract: The proposed regulation will provide guidance regarding claims for credit or refund of the gasoline tax under section 6416(a)(4) of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 10/23/01 66 FR 53564 NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses, Governmental Jurisdictions Government Levels Affected: State, Local, Tribal Additional Information: REG-143219-01 Drafting attorney: Frank K. Boland (202) 622-3130 CC:P&SI Agency Contact: Frank K. Boland, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3130 RIN: 1545-BA27 _______________________________________________________________________ 2713. SUSPENSION OF STATUTES OF LIMITATION IN JOHN DOE AND THIRD-PARTY SUMMONS DISPUTES AND EXPANSION OF TAXPAYERS' RIGHTS TO RECEIVE NOTICE AND SEEK JUDICIAL REVIEW OF THIRD PARTY SUMMONSES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: The proposed regulation provides guidance regarding modified rules for serving summonses on third-party recordkeepers, the broadened range of summonses subject to the notice requirements, and the suspension of limitations periods when court actions are brought or when a summoned third party fails to fully respond to a summons. This proposed regulation incorporates the changes enacted in RRA 1998, OBRA 1990, TAMRA 1988, and TRA 1986. This regulation is a continuation of the regulation project previously numbered at REG-208225-88. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-153037-01 Drafting attorney: Elizabeth D. Rawlins (202) 622-3630 Reviewing attorney: Robert A. Miller (202) 622-3630 CC:P&A:CB&S Agency Contact: Elizabeth D. Rawlins, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3630 RIN: 1545-BA31 _______________________________________________________________________ 2714. AMENDMENTS TO RULES FOR ALLOCATION OF BASIS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 755 CFR Citation: 26 CFR 755 Legal Deadline: None [[Page 75062]] Abstract: The proposed regulation amends the regulations under section 755 (section 1.755-1) in order to better coordinate with recent revisions to section 1.755-2 relating to rules for allocation of basis. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-155345-01 Drafting attorney: Craig A. Gerson (202) 622-3050 Reviewing attorney: David Haglund (202) 622-3050 Treasury attorney: Deborah Harrington (202) 622-1788 CC:P&SI Agency Contact: Craig A. Gerson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3050 RIN: 1545-BA32 _______________________________________________________________________ 2715. EARNED INCOME CREDIT Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation removes 26 CFR 1.32-2 because of legislative changes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-135061-01 Drafting attorney: Shoshanna Chaiton (202) 622-6080 Reviewing attorney: Karin Loverud (202) 622-6080 CC:TEGE Agency Contact: Shoshanna Chaiton, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-BA34 _______________________________________________________________________ 2716. INCOME FROM SOURCES WITHIN SPECIFIED POSSESSION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 931; 26 USC 911 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will remove the reference to section 911 in the section 931 regulations and update the definition of a possession under those regulations. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-159068-01 Drafting attorney: Jonathan A. Sambur (202) 622-3840 Reviewing attorney: Phyllis E. Marcus (202) 622-3840 Treasury attorney: Michael Mundaca (202) 622-1752 CC:INTL Agency Contact: Jonathan A. Sambur, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington Phone: 202 622-3840 RIN: 1545-BA37 _______________________________________________________________________ 2717. MULTI-FAMILY HOUSING BONDS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations relate to various issues with respect to multi-family housing bonds. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: State, Local Additional Information: REG-163765-01 Drafting attorney: Rose M. Weber (202) 622-3980 Reviewing attorney: Bruce M. Serchuk (202) 622-3980 Treasury attorney: Stephen J. Watson (202) 6622-1322 CC:TEGE Agency Contact: Rose M. Weber, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3980 Fax: 202 622-4437 RIN: 1545-BA45 _______________________________________________________________________ 2718. DETERMINATION OF BASIS OF PARTNER'S INTEREST; SPECIAL RULES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: Not Yet Determined Legal Deadline: None Abstract: These proposed regulations will provide the appropriate basis adjustment under section 705 in certain situations in which a corporation has a direct or indirect interest in a partnership that owns stock in that corporation where the partnership distributes money or other property to another partner and that partner recognizes gain on the distribution during a year in which the partnership does not have an election under section 754 in effect, and the partnership subsequently sells or exchanges the stock. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-167648-01 Drafting attorney: Barbara MacMillan (202) 622-3050 Reviewing attorney: David Haglund (202) 622-3050 [[Page 75063]] Treasury attorney: Stephanie Robinson (202) 622-9858 CC:P&SI Agency Contact: Barbara MacMillan, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3050 RIN: 1545-BA50 _______________________________________________________________________ 2719. PARTNERSHIP OPTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 704; 26 USC 721 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation provides tax treatment of partnership options. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-103580-02 Drafting attorney: Audrey W. Ellis (202) 622-3188 Reviewing attorneys: Matthew Lay (202) 622-3060 and Jeanne Sullivan (202) 622-3060 Treasury attorney: Deborah Harrington (202) 622-1788 CC:P&SI Agency Contact: Audrey W. Ellis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3188 RIN: 1545-BA53 _______________________________________________________________________ 2720. USER FEES FOR OFFERS TO COMPROMISE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 31 USC 9701 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations relating to user fees would be amended to provide for the imposition of a user fee for processing of offers to compromise. The charging of user fees implements the Independent Offices Appropriations Act, 31 U.S.C. 9701. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103777-02 Drafting attorney: Gene W. Beard (202) 622-3620 Reviewing attorney: Frederick W. Schindler (202) 622-3620 Treasury attorney: Jodi Cohen (202) 622-0160 CC:P&A:CB&S Agency Contact: Gene W. Beard, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3620 RIN: 1545-BA54 _______________________________________________________________________ 2721. MODIFICATION OF CHECK THE BOX (TEMPORARY) Priority: Substantive, Nonsignificant Legal Authority: Not Yet Determined CFR Citation: 26 CFR 1; 26 CFR 301 Legal Deadline: None Abstract: The Modification of Check the Box regulations will add a new section to the 301.7701-2 regulations to provide that in certain circumstances, namely in State law mergers and conversions, a surviving disregarded entity will be regarded for purposes of assessment and collection of prior year tax liabilities of predecessor entities. Thus, following a transaction in which a regarded entity is merged or converted into a disregarded entity, the Commissioner will be able to exercise collection and assessment authority against the disregarded entity for any liabilities stemming from tax periods of the regarded entity prior to the date of the transaction. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Temporary Regulation 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-106681-02 Drafting attorney: James M. Gergurich (202) 622-3070 Reviewing attorney: Jeanne Sullivan (202) 622-3070 Treasury attorney: Stephanie Robinson (202) 622-9858 CC:P&SI Agency Contact: James M. Gergurich, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3070 RIN: 1545-BA58 _______________________________________________________________________ 2722. MODIFICATION OF CHECK THE BOX Priority: Substantive, Nonsignificant Legal Authority: Not Yet Determined CFR Citation: 26 CFR 1; 26 CFR 301 Legal Deadline: None Abstract: The Modification of Check the Box regulation will add a new section to the 301.7701-2 regulations to provide that in certain circumstances, namely in State law mergers and conversions, a surviving disregarded entity will be regarded for purposes of assessment and collection of prior year tax liabilities of predecessor entities. Thus, following a transaction in which a regarded entity is merged or converted into a disregarded entity, the Commissioner will be able to exercise collection and assessment authority against the disregarded entity for any liabilities stemming from tax periods of the regarded entity prior to the date of the transaction. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: Undetermined Federalism: Undetermined [[Page 75064]] Additional Information: REG-106681-02 Drafting attorney: James M. Gergurich (202) 622-3070 Reviewing attorney: Jeanne Sullivan (202) 622-3070 Treasury attorney: Stephanie Robinson (202) 622-9858 CC:P&SI Agency Contact: James M. Gergurich, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3070 RIN: 1545-BA59 _______________________________________________________________________ 2723. ABATEMENT OF INTEREST ON LARGE ERRONEOUS REFUNDS Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 26 USC 6404(e) CFR Citation: Not Yet Determined Legal Deadline: None Abstract: This proposed regulation will provide rules that address whether the Internal Revenue Service may abate interest on an erroneous refund exceeding $50,000 pursuant to I.R.C. section 6404(e) (26 U.S.C. 6404(e)). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-167500-01 Drafting attorney: David A. Abernathy (202) 622-7940 Reviewing attorney: Richard Goldman (202) 622-7940 CC:P&A:AP JP Agency Contact: David A. Abernathy, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7940 RIN: 1545-BA61 _______________________________________________________________________ 2724. ALLOCATION AND APPORTIONMENT RULES: GUIDANCE ON SELECTED ISSUES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 863 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance with respect to the allocation and apportionment under section 861 of selected deductions; e.g., charitable contributions and research and experimentation expenses. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-128240-01 Drafting attorney: Teresa B. Hughes (202) 622-3850 Reviewing attorney: Anne Devereaux (202) 622-3850 Treasury attorney: John Harrington (202) 622-0589 CC:INTL Agency Contact: Teresa B. Hughes, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 RIN: 1545-BA64 _______________________________________________________________________ 2725. PROVISIONS REGARDING CROSS-BORDER TRANSACTIONS Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805; 26 USC 368(a) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation will make conforming changes to account for cross-border section 368(a)(1)(A) mergers. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-125628-01 Drafting attorney: Robert W. Lorence (202) 622-3860 Reviewing attorney: Charles Besecky (202) 622-3860 CC:INTL Agency Contact: Robert W. Lorence, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 Fax: 202 622-4476 RIN: 1545-BA65 _______________________________________________________________________ 2726. [bull] INTEREST OTHER THAN THAT OF A CREDITOR Priority: Substantive, Nonsignificant Legal Authority: 26 USC 465; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance under section 465(b)(3) of the Internal Revenue Code. The regulations state when 465(b)(3) will apply to activities and clarify who has an interest other than that of a creditor. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-209377-89 Drafting attorney: Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3070 Treasury attorney: John Parcell (202) 622-2578 CC:P&SI Agency Contact: Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 [[Page 75065]] Phone: 202 622-3080 RIN: 1545-BA69 _______________________________________________________________________ 2727. [bull] DEFINITION OF REORGANIZATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation addresses the continuity of business enterprise and continuity of interest requirements for a reorganization when stock ownership in the target corporation represents an insubstantial part of the entire value of the target corporation. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-119726-02 Drafting attorney: Richard C. Starke (202) 622-7750 Reviewing attorney: Kenneth Cohen (202) 622-7790 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Richard C. Starke, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7750 RIN: 1545-BA71 _______________________________________________________________________ 2728. [bull] CONTROLLED FOREIGN PARTNERSHIP REPORTING Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805; 26 USC 6038 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will provide guidance regarding controlled foreign partnership reporting. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-124069-02 Drafting attorney: Tasheaya Warren (202) 622-3860 Reviewing attorney: Michael H. Frankel (202) 622-3860 CC:INTL Agency Contact: Tasheaya Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 RIN: 1545-BA77 _______________________________________________________________________ 2729. [bull] DISCLOSURE OF RELATIVE VALUE OF DISTRIBUTION FORMS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805(b); 26 USC 417(a)(3)(A) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will specify the disclosures that must be made to participants in qualified pension plans to describe the relative value of the available optional forms of benefit. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses, Organizations Government Levels Affected: None Additional Information: REG-124667-02 Drafting attorney: Linda S.F. Marshall (202) 622-6090 Reviewing attorney: Marjorie Hoffman (202) 622-6000 Treasury attorney: Harlan Weller (202) 622-1001 CC:TEGE Agency Contact: Linda S.F. Marshall, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6090 RIN: 1545-BA78 _______________________________________________________________________ 2730. [bull] REDEMPTIONS TREATED AS DIVIDENDS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation under section 302 of the Internal Revenue Code (Code), permits basis of redeemed stock to be recovered by the redeemed shareholder. Proposed regulations under section 304 of the Code reflect changes made by the Internal Revenue Service Restructuring and Reform Act of 1998, Taxpayer Relief Act of 1997, Tax Reform Act of 1986, Deficit Reduction Act of 1984, and the Tax Equity and Fiscal Responsibility Act of 1982 to the statute. Proposed regulations under section 304 also reference proposed regulations under section 302 as they relate to the treatment of basis of redeemed stock in redemptions treated as dividends. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-150313-01 Drafting attorney: Lisa K. Leong (202) 622-7530 Reviewing attorney: Lewis K. Brickates (202) 622-7530 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Lisa K. Leong, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7530 RIN: 1545-BA80 _______________________________________________________________________ 2731. [bull] PARTNERSHIP TRANSACTIONS INVOLVING LONG-TERM CONTRACTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 460 [[Page 75066]] CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: Currently, regulations under section 460 divide the rules regarding a mid-contract change in taxpayer engaged in completing long- term contracts into two categories-constructive completion transactions and step-in-the-shoes transactions. The regulations provide that a transfer described in section 721(a) of a long-term contract to a partnership and a transfer of a partnership interest are step-in-the- shoes transactions. These regulations will explain the tax consequences of contributions of long-term contracts to, transfers of interests in, and distributions from, partnerships holding long-term contracts. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-128203-02 Drafting attorney: Richard T. Probst (202) 622-3060 Reviewing attorney: Matthew Lay (202) 622-3060 Treasury attorney: Deborah Harrington (202) 622-1788 CC:P&SI Agency Contact: Richard T. Probst, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3060 RIN: 1545-BA81 _______________________________________________________________________ 2732. [bull] ALLOCATION OF NEW MARKETS TAX CREDIT Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 45D; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations will address how the section 45D new markets tax credit should be allocated to the partners of a partnership under section 704(b) of the Internal Revenue Code and will address related partnership issues. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-131999-02 Drafting attorney: James A. Quinn (202) 622-3070 Reviewing attorney: Matthew Lay (202) 622-3060 CC:P&SI Agency Contact: James A. Quinn, Senior Counsel, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3070 RIN: 1545-BA84 _______________________________________________________________________ 2733. [bull] CARRYOVER AND STACKING RULE AMENDMENT Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 42 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The low-income housing tax credit rules that concern carryover allocations under section 1.42-6 and stacking rules under section 1.42-14 are amended to reflect changes under the Community Renewal Tax Relief Act of 2000. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-131997-02 Drafting attorney: Christopher J. Wilson (202) 622-3040 Reviewing attorney: Susan Reaman (202) 622-3040 Treasury attorney: Steve Watson (202) 622-1322 CC:P&SI Agency Contact: Christopher J. Wilson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3040 RIN: 1545-BA85 _______________________________________________________________________ 2734. [bull] GUIDANCE ON REPORTING OF DEPOSIT INTEREST PAID TO NONRESIDENT ALIENS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1; 26 CFR 31 Legal Deadline: None Abstract: This regulation will provide guidance on the reporting requirements for interest on deposits maintained at U.S. offices of certain financial institutions and paid to nonresident aliens that are residents of certain specified countries. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/02/02 67 FR 50386 Hearing 12/05/02 67 FR 50386 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-133254-02 Drafting attorney: Alexandra R. Helou (202) 622-3840 Reviewing attorney: Valerie Mark Lippe (202) 622-3840 Treasury attorney: Patrick Brown (202) 622-1781 CC:INTL Agency Contact: Alexandra R. Helou, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3840 RIN: 1545-BA86 _______________________________________________________________________ 2735. [bull] AGGREGATE COMPUTATION AND ALLOCATION OF RESEARCH CREDIT Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 41 CFR Citation: 26 CFR 1 Legal Deadline: None [[Page 75067]] Abstract: This regulation will provide guidance on the proper method of computing the research credit for a controlled group. In addition, this regulation will provide guidance on the allocation of the research credit among members of a controlled group. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-133791-01 Drafting attorney: Jolene J. Shiraishi (202) 622-3120 Reviewing attorneys: Joseph Makurath (202) 622-3120 Christine Ellison (202) 622-3070 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Jolene J. Shiraishi, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20044 Phone: 202 622-3120 Related RIN: Related To 1545-AX05 RIN: 1545-BA88 _______________________________________________________________________ 2736. [bull] DESIGNATED IRS OFFICER OR EMPLOYEE Priority: Routine and Frequent Legal Authority: 26 USC 7602 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulatory amendment clarifies that Chief Counsel attorneys can receive the designated authority to take summoned testimony under oath. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-134026-02 Drafting attorney: Elizabeth D. Rawlins (202) 622-3630 Reviewing attorney: Robert A. Miller (202) 622-3630 CC:P&A:CB&S Agency Contact: Elizabeth D. Rawlins, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3630 Related RIN: Related To 1545-BA98 RIN: 1545-BA89 _______________________________________________________________________ 2737. [bull] TRANSFER OF NOTES OR STOCK TO PROVIDE FOR SATISFACTION OF CONTESTED LIABILITIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The proposed regulations would amend section 1.461-2 that allows a taxpayer to deduct in the taxable year of transfer the amount of money on other property transferred to satisfy an asserted liability that the taxpayer contests. The amendment to section 1.461-2(c)(1) would provide that transfers of a taxpayer's own note or stock of the note or stock of a related person are not transfers to provide for the satisfaction of an asserted liability, except where the transfer has been made to the person who is asserting the liability. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-136890-02 Drafting attorney: Norma C. Rotunno (202) 622-7900 Reviewing attorney: Thomas D. Moffitt (202) 622-7900 Treasury attorney: Christopher Ohmes (202) 622-1335 CC:IT&A Agency Contact: Norma C. Rotunno, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7900 Related RIN: Related To 1545-BA91 RIN: 1545-BA90 _______________________________________________________________________ 2738. [bull] TRANSFER OF NOTES OR STOCK TO PROVIDE FOR SATISFACTION OF CONTESTED LIABILITIES (TEMPORARY) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The temporary regulations would amend section 1.461-2 that allows a taxpayer to deduct in the taxable year of transfer the amount of money or other property transferred to satisfy an asserted liability that the taxpayer contests. The amendment to section 1.461-2(c)(1) would provide that transfers of a taxpayer's own note or stock or the note or stock of a related person are not transfers to provide for the satisfaction of an asserted liability, except where the transfer has been made to the person who is asserting the liability. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Temporary Regulations 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-136890-02 Drafting attorney: Norma C. Rotunno (202) 622-7900 Reviewing attorney: Thomas D. Moffitt (202) 622-7900 Treasury attorney: Christopher Ohmes (202) 622-1335 CC:IT&A Agency Contact: Norma C. Rotunno, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7900 Related RIN: Related To 1545-BA90 RIN: 1545-BA91 _______________________________________________________________________ 2739. [bull] INCLUSION RATIO Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 2642 CFR Citation: 26 CFR 1 Legal Deadline: None [[Page 75068]] Abstract: This proposed regulation issue regulations under section 642(g) relating to relief provisions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-136761-02 Drafting attorney: Lian A. Mito (202) 622-7830 Reviewing attorney: James F. Hogan (202) 622-7830 Treasury attorney: Catherine Hughes (202) 622-9407 CC:P&SI Agency Contact: Lian A. Mito, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7830 RIN: 1545-BA94 _______________________________________________________________________ 2740. [bull] EMPLOYMENT TAXES--FAILURE-TO-DEPOSIT PENALTY Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6656; 26 USC 6302 CFR Citation: 26 CFR 31 Legal Deadline: None Abstract: Reconsideration of Rev. Rul. 75-191 (situations 1 and 2) regarding the application of the section 6656 failure-to-deposit penalty where employment taxes should have been withheld but were not. Ruling provides employer will not be subject to the penalty if employer did not actually withhold the taxes. In contrast, Treas. Reg. section 1.1461-1(a)(2) provides that penalty will be due for taxes under chapter 3 of the Code if the withholding agent should have withheld the tax but in fact did not withhold as required. Regulation will conform treatment of employment taxes to chapter 3 taxes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-136778-02 Drafting attorney: Charles A. Hall (202) 622-4940 Reviewing attorney: Judith Wall (202) 622-4940 Treasury attorney: John Parcell (202) 622-2578 CC:PA:APJP Agency Contact: Charles A. Hall, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BA97 _______________________________________________________________________ 2741. [bull] DESIGNATED IRS OFFICER OR EMPLOYEE (TEMPORARY) Priority: Routine and Frequent Legal Authority: 26 USC 7602(a) CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulatory amendment clarifies that Chief Counsel attorneys can receive the designated authority to take summoned testimony under oath. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Temporary Regulations 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-134026-02 Drafting attorney: Elizabeth D. Rawlins (202) 622-3630 Reviewing attorney: Robert Miller (202) 622-3630 CC:P&A:CB&S Agency Contact: Elizabeth D. Rawlins, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3630 Related RIN: Related To 1545-BA89 RIN: 1545-BA98 _______________________________________________________________________ 2742. [bull] TIMELY MAILING TREATMENT Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7502 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation will expressly provide that a registered or certified mail receipt is the sole means to prove delivery of a document to the Internal Revenue Service. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138176-02 Drafting attorney: Charles A. Hall (202) 622-4940 Reviewing attorney: Ashton Trice (202) 622-4940 Treasury attorney: John Parcell (202) 622-2578 CC:PA:APJP Agency Contact: Charles A. Hall, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BA99 _______________________________________________________________________ 2743. [bull] HAND CARRY RETURNS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6091 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance to taxpayers on the proper place to file a return by hand carrying the return to the Internal Revenue Service. Currently, the regulations provide that handcarried returns should be filed with the District Director. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138173-02 Drafting attorney: Ann M. Kramer (202) 622-4940 Reviewing attorney: Ashton Trice (202) 622-4940 [[Page 75069]] Treasury attorney: John Parcell (202) 622-2578 CC:PA:APJP Agency Contact: Ann M. Kramer, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BB00 _______________________________________________________________________ 2744. [bull] REDUCED EXCLUSION OF GAIN FROM SALE OR EXCHANGE OF PRINCIPAL RESIDENCE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 121; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation provides guidance on when a taxpayer who has not owned and used the property for two years or who has claimed the exclusion within the last two years is eligible to claim a reduced exclusion under section 121(c). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138882-02 Drafting attorney: Sara P. Shepherd (202) 622-4960 Reviewing attorney: George Baker (202) 622-4930 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:IT&A Agency Contact: Sara P. Shepherd, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4960 RIN: 1545-BB01 _______________________________________________________________________ 2745. [bull] REDUCED EXCLUSION OF GAIN FROM SALE OR EXCHANGE OF PRINCIPAL RESIDENCE (TEMPORARY) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 121; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance on when a taxpayer who has not owned and used the property for two years or who has claimed the exclusion within the last two years is eligible to claim a reduced exclusion under section 121(c). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Temporary Regulation 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138882-02 Drafting attorney: Sara P. Shepherd (202) 622-4960 Reviewing attorney: George Baker (202) 622-4930 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:IT&A Agency Contact: Sara P. Shepherd, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4960 RIN: 1545-BB02 _______________________________________________________________________ 2746. [bull] HEAVY VEHICLE TAX; DEFINITION OF HIGHWAY TRACTOR Priority: Substantive, Nonsignificant Legal Authority: 26 USC 4051; 26 USC 7805 CFR Citation: 26 CFR 48 Legal Deadline: None Abstract: This regulation provides the definition of highway tractor under section 4051. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-137079-02 Drafting attorney: Celia A. Gabrysh (202) 622-3130 Reviewing attorney: Richard A. Kocak (202) 622-3130 Treasury attorney: John Parcell (202) 622-2570 CC:P&SI Agency Contact: Celia A. Gabrysh, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3130 RIN: 1545-BB03 _______________________________________________________________________ 2747. [bull] CHANGE IN USE; ACCELERATED COST RECOVERY SYTSTEM Priority: Substantive, Nonsignificant Legal Authority: 26 USC 168 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation provides guidance under section 168 regarding depreciation of property for which the use changes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-138499-02 Drafting attorney: Kathleen Reed (202) 622-3110 Reviewing attorney: Charles Ramsey (202) 622-3110 CC:P&SI Agency Contact: Kathleen Reed, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3110 RIN: 1545-BB05 [[Page 75070]] _______________________________________________________________________ 2748. [bull] DEPRECIATION OF VANS AND LIGHT TRUCKS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 280F(d)(5)(B) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation amends section 1.280F-6T(c)(3) to provide that a truck or van that is a qualified nonpersonal use vehicle, as defined in section 274(i) and section 1.274-5T(k), is not a ``passenger automobile'' for purposes of section 280F. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138495-02 Drafting attorney: Bernard P. Harvey, III (202) 622-3110 Reviewing attorney: Charles B. Ramsey (202) 622-3110 Treasury attorney: John Parcell (202) 622-2578 CC:P&SI Agency Contact: Bernard P. Harvey III, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3110 RIN: 1545-BB06 _______________________________________________________________________ 2749. [bull] CAPITAL ACCOUNT BOOKUP Priority: Substantive, Nonsignificant Legal Authority: 26 USC 704; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation will expand the circumstances under which a revaluation of partnership capital accounts is permitted. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-139796-02 Drafting attorney: Craig A. Gerson (202) 622-3050 Reviewing attorney: David Haglund (202) 622-3050 Treasury attorney: Deborah Harrington (202) 622-1788 CC:P&SI Agency Contact: Craig A. Gerson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3050 RIN: 1545-BB10 _______________________________________________________________________ 2750. [bull] ALLOCATION OF FOREIGN TAX CREDITS AMONG PARTNERS Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 704(b); 26 USC 703(b)(3); 26 USC 702(a)(b) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation will provide guidance on how foreign tax credits must be allocated to partners under section 704(b). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-139792-02 Drafting attorney: Beverly M. Katz (202) 622-3050 Reviewing attorney: Daniel Carmody (202) 622-3050 Treasury attorney: Deborah Harrington (202) 622-1788 CC:P&SI Agency Contact: Beverly Katz, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3050 RIN: 1545-BB11 _______________________________________________________________________ 2751. [bull] DISTRIBUTIONS OF PROPERTY Priority: Substantive, Nonsignificant Legal Authority: 26 USC 1023; 26 USC 1024; 26 USC 2032 CFR Citation: 26 CFR 301; 26 CFR 20 Legal Deadline: None Abstract: This regulation will clarify the language in section 301.9100-6T to remove confusion as to whether relief for making an election under section 2032 is available under sections 301.9100-1 and 301-9100-3. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-139845-02 Drafting attorney: Theresa M. Melchiorre (202) 622-7830 Reviewing attorney: Katherine A. Mellody (202) 622-7830 Treasury attorney: Catherine Hughes (202) 622-9407 CC:P&SI Agency Contact: Theresa M. Melchiorre, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7830 RIN: 1545-BB12 _______________________________________________________________________ 2752. [bull] PENALTIES FOR UNAUTHORIZED INSPECTION OF RETURNS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6103(n) CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation amends 26 CFR 301.6103(n)-1 to require that contractors notify their employees regarding penalties for unauthorized inspection of returns and/or return information necessitated by amendment of 26 U.S.C. 7213A. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No [[Page 75071]] Small Entities Affected: No Government Levels Affected: None Additional Information: REG-129271-02 Drafting attorney: Carol A. Marchant (202) 622-4590 Reviewing attorney: Michael B. Froseh (202) 622-4590 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:D&PL Agency Contact: Carol A. Marchant, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4590 RIN: 1545-BB13 _______________________________________________________________________ 2753. [bull] STRUCTURED SETTLEMENT FACTORING TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 115 CFR Citation: 26 CFR 1; 26 CFR 602 Legal Deadline: None Abstract: These regulations relate to section 5891 of the Internal Revenue Code. Section 5891 imposes 240 percent excise tax upon any person who acquires certain payment rights in a structured settlement factoring transaction. The regulations provide guidance necessary to comply with the reporting requirements of the excise tax. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-139768-02 Drafting attorney: Shareen S. Pflanz (202) 622-4920 Reviewing attorney: Charles Strickland (202) 622-4960 CC:IT&A Agency Contact: Shareen S. Pflanz, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4920 Related RIN: Related To 1545-BB24 RIN: 1545-BB14 _______________________________________________________________________ 2754. [bull] TESTIMONY AUTHORIZATIONS AND REQUESTS FOR IRS INFORMATION Priority: Substantive, Nonsignificant Legal Authority: 5 USC 301 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This proposed regulation will amend existing regulations on testimony authorizations and requests for IRS information. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-140930-02 Drafting attorney: James A. Clark (202) 622-4590 Reviewing attorney: David L. Fish (202) 622-4590 CC:P&A:DP&L Agency Contact: James A. Clark, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4590 RIN: 1545-BB15 _______________________________________________________________________ 2755. [bull] INVESTIGATIVE DISCLOSURES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6103(k)(6) CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This proposed regulation will amend existing regulations on disclosure of return information by Internal Revenue Officers and employees for investigative purposes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Additional Information: REG-140808-02 Drafting attorney: Helene R. Newsome (202) 622-4570 Reviewing attorney: Donald M. Squires (202) 622-4570 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:DP&L Agency Contact: Helene R. Newsome, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4570 Related RIN: Related To 1545-BB17 RIN: 1545-BB16 _______________________________________________________________________ 2756. [bull] INVESTIGATIVE DISCLOSURES (TEMPORARY) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6103(K)(6) CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This proposed regulation will amend existing regulations on disclosure of return information by Internal Revenue Officers and employees for investigative purposes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Temporary Regulation 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Additional Information: REG-140808-02 Drafting attorney: Helene R. Newsome (202) 622-4570 Reviewing attorney: Donald M. Squires (202) 622-4570 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:DP&L Agency Contact: Helene R. Newsome, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4570 Related RIN: Related To 1545-BB16 RIN: 1545-BB17 _______________________________________________________________________ 2757. [bull] TOLL TELEPHONE SERVICE-DEFINITION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 [[Page 75072]] CFR Citation: 26 CFR 49 Legal Deadline: None Abstract: This proposed regulation provides amendments to regulations relating to definition of toll telephone service. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-141097-02 Drafting attorney: Bernard H. Weberman (202) 622-3130 Reviewing attorney: Richard Kocak (202) 622-3130 Treasury attorney: John Parcell (202) 622-2578 CC:P&SI Agency Contact: Bernard H. Weberman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3130 RIN: 1545-BB18 _______________________________________________________________________ 2758. [bull] SUBSTANTIATION OF INCIDENTAL EXPENSES (TEMPORARY) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 274(d) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These temporary regulations amend the regulations under section 1.274-5 to grant the Commissioner authority to establish a method under which a taxpayer may elect to use a specified amount or amounts for incidental expenses paid or incurred while traveling away from home in lieu of substantiating the actual incidental expenses. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-141832-02 Drafting attorney: John Moriarty (202) 622-4930 Reviewing attorney: Donna Crissali (202) 622-4800 CC:IT&A Agency Contact: John P. Moriarty, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4930 Related RIN: Related To 1545-BB20 RIN: 1545-BB19 _______________________________________________________________________ 2759. [bull] SUBSTANTIATION OF INCIDENTAL EXPENSES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 274(d) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These proposed regulations amend the regulations under section 1.274-5 to grant the Commissioner authority to establish a method under which a taxpayer may elect to use a specified amount or amounts for incidental expenses paid or incurred while traveling away from home in lieu of substantiating the actual incidental expenses. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-141832-02 Drafting attorney: John Moriarty (202) 622-4930 Reviewing attorney: Donna Crissali (202) 622-4800 CC:IT&A Agency Contact: John P. Moriarty, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4930 Related RIN: Related To 1545-BB19 RIN: 1545-BB20 _______________________________________________________________________ 2760. [bull] DUPLICATE TAX BENEFITS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation prevents a consolidated group from deriving more than one tax benefit from a single economic loss. A loss on consolidated return, with respect to the sale of a subsidiary's stock, will be suspended to the extent of duplication (i.e. the group retains the loss asset) as long as a the subsidiary remains a member of the group. In addition, there is a basis leveling rule, which prevents groups from loading onto a single block of subsidiary stock and selling only that stock, while maintaining that subsidiary as part of the group. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-131478-02 Drafting attorney: Aimee K. Meacham (202) 622-7530 Reviewing attorney: Sean Duffley (202) 622-7530 CC:CORP Agency Contact: Aimee K. Meacham, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7530 RIN: 1545-BB25 _______________________________________________________________________ 2761. [bull] COST SHARING Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 482 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These proposed regulations will provide additional guidance on cost sharing arrangements under section 482. [[Page 75073]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Additional Information: REG-144615-02 Drafting attorney: Bradley A. Smith (202) 874-1490 Reviewing attorney: Elizabeth G. Beck (202) 874-1490 Treasury attorney: Rocco Femia (202) 622-1755 CC:INTL Agency Contact: Bradley A. Smith, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 950 L'Enfant Plaza South SW, Washington, DC 20024 Phone: 202 874-1490 RIN: 1545-BB26 _______________________________________________________________________ 2762. [bull] APPLICATION OF SEPARATE LIMITATIONS TO DIVIDENDS FROM NONCONTROLLED SECTION 902 CORPORATION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 904(d)(6) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The Taxpayer Relief Act of 1997 amended the foreign tax credit limitation rules under section 904(d) and extended lookthrough treatment to dividends paid by a 10/50 lookthrough corporation, effective for earnings and profits accumulated in tax years beginning after 12/31/02. These regulations would provide guidance needed to comply with these changes, including transition rules for dividends paid by a 10/50 lookthrough corporation. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-144784-02 Drafting attorney: Ginny Y. Chung (202) 622-3850 Reviewing attorney: Bethany Ingwalson (202) 622-3850 CC:INTL Agency Contact: Ginny Y. Chung, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 RIN: 1545-BB28 _______________________________________________________________________ 2763. [bull] EXTENSION OF TIME FOR FILING RETURNS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6081 CFR Citation: 26 CFR 31 Legal Deadline: None Abstract: This regulation will amend the section 6081 regulations to remove the signature requirement for Form 8809, Request for Extension of Time to File Information Returns. This will enable filers of information returns to request an extension of time to file using an online version of the Form 8809. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-107618-02 Drafting attorney: Charles A. Hall (202) 622-4940 Reviewing attorney: Judith Wall (202) 622-4940 CC:P&A:APJP Agency Contact: Charles A. Hall, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BB29 _______________________________________________________________________ 2764. [bull] EXCLUSIONS FROM GROSS INCOME OF FOREIGN CORPORATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 883; 26 USC 872 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will provide rules with respect to whether a foreign country will be considered to grant a reciprocal Aircraft/ Shipping exemption to U.S. corporations for purposes of section 883 of the Code. This regulations will also provide rules with respect to whether a foreign corporation satisfies the ownership requirements of section 883(c) and the activity requirements of section 883(a). The regulation affects a large segment of the shipping and air transport industries. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/02/02 67 FR 50510 Hearing 11/12/02 67 FR 50510 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-136311-01 Drafting attorneys: Patricia A. Bray (202) 622-3880 and David L. Lundy (202) 622-3880 Reviewing attorney: Elizabeth U. Karzon (202) 622-3880 Treasury attorney: Dirk Suringa (202) 622-1779 This regulation (formerly 1545-BA07) is being reproposed and Reg-208280 (1545-AJ57) is being withdrawn. CC:INTL Agency Contact: Patricia A. Bray, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3880 David L. Lundy, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3880 RIN: 1545-BB30 _______________________________________________________________________ 2765. [bull] TAX SHELTER DISCLOSURE STATEMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6001; 26 USC 601(a) CFR Citation: 26 CFR 1 [[Page 75074]] Legal Deadline: None Abstract: These regulations modify the rules relating to the disclosure of reportable transactions by certain taxpayers under section 6011(a). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103735-00 Drafting attorney: Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3080 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Related RIN: Related To 1545-AX81, Related To 1545-BA62 RIN: 1545-BB32 _______________________________________________________________________ 2766. [bull] REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY ABUSIVE TAX SHELTERS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6112 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: These regulations modify the rules relating to the list maintenance requirements for sellers and organizers of potentially abusive tax shelters under section 6112. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103736-00 Drafting attorney: Charlotte Chyr (202) 622-3080 Reviewing attorney: Mary Beth Collins (202) 622-3080 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Charlotte Chyr, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Related RIN: Related To 1545-AX79, Related To 1545-BA62 RIN: 1545-BB33 _______________________________________________________________________ 2767. [bull] OTHER ASSESSABLE PENALTIES WITH RESPECT TO THE PREPARATION OF INCOME TAX RETURNS FOR OTHER PERSONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6107; 26 USC 6061; 26 USC 6695; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This proposed regulation relates to persons who prepare income tax returns for compensation who may satisfy the requirement of providing a signed copy of the return to the taxpayer by copies which are singed electronically or as otherwise prescribed by the Secretary. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-141659-02 Drafting attorney: Richard C. Grosenick (202) 622-7940 Reviewing attorney: Stuart Spielman (202) 622-7940 CC:P&A:APJP Agency Contact: Richard C. Grosenick, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7940 RIN: 1545-BB34 _______________________________________________________________________ 2768. [bull] FRACTIONAL PARTS OF A DOLLAR Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7504 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These proposed regulations will authorize the Internal Revenue Service to round figures when transcribing amounts from forms into the Service's databases. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Additional Information: REG-147965-02 Drafting attorney: Marcy W. Mendelsohn (202) 622-4940 Reviewing attorney: Charles A. Hall (20) 622-4940 CC:P&A:APJP Agency Contact: Marcy W. Mendelsohn, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BB35 [[Page 75075]] _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage Internal Revenue Service (IRS) _______________________________________________________________________ 2769. GOLDEN PARACHUTE PAYMENTS Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805; 26 USC 280G CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations will provide rules relating to restrictions on golden parachute payments. The regulations will provide guidance to taxpayers, who must comply with section 280G, by delineating the circumstances under which payments may be considered excess parachute payments. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/05/89 54 FR 19390 NPRM Comment Period End 07/05/89 Hearing 11/21/89 54 FR 39548 Second NPRM 02/20/02 67 FR 7630 Second NPRM Comment Period End 06/05/02 Public Hearing 06/26/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209114-90 (EE-30-90) Drafting attorney: Erinn Madden (202) 622-6060 Reviewing attorney: Robert Misner (202) 622-6060 CC:TEGE Agency Contact: Erinn M. Madden, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6030 RIN: 1545-AH49 _______________________________________________________________________ 2770. NONRECOGNITION OF CORPORATE DISTRIBUTIONS AND REORGANIZATIONS UNDER THE FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 897 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations will provide rules concerning the effect of certain distributions including dividends, redemptions, distributions pursuant to reorganizations, and liquidations on corporations and their shareholders under the Foreign Investment in Real Property Tax Act. Regulations will also provide rules for determining the extent to which nonrecognition would apply to certain transfers of real property interests and the extent to which certain reorganizations will be treated as sales of property at fair market value. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/05/88 53 FR 16233 Hearing 03/01/89 54 FR 1189 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209039-87 (INTL-491-87) Drafting attorney: Robert W. Lorence (202) 622-3860 Reviewing attorney: Charles P. Besecky (202) 622-3860 CC:INTL Agency Contact: Robert W. Lorence, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 Fax: 202 622-4476 RIN: 1545-AK79 _______________________________________________________________________ 2771. COMPUTATION OF A BRANCH'S TAXABLE INCOME; TAXATION OF EXCHANGE GAIN OR LOSS ON BRANCH REMITTANCES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations relate to branch rules and how to translate branch income, the taxation of exchange gain or loss on branch remittances. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 09/25/91 56 FR 48457 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-208270-86 (INTL-965-86) Drafting attorney: Kenneth P. Christman (202) 622-3870 Reviewing attorney: Jeffrey Dorfman (202) 622-3870 Treasury attorney: Patrick Brown (202) 622-1754 CC:INTL Agency Contact: Kenneth P. Christman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3870 RIN: 1545-AM12 _______________________________________________________________________ 2772. LIMITATIONS ON PASSIVE ACTIVITY LOSSES AND CREDITS--SELF-CHARGED ITEMS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 0469 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The proposed regulation addresses the treatment of self- charged items of income and expense in connection with transactions between passthrough entities and owners of interests in those entities. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/05/91 56 FR 14034 Hearing 09/06/91 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209365-89 (PS-39-89) Drafting attorney: Danielle M. Grimm (202) 622-3080 Reviewing attorney: Jeanne Sullivan (202) 622-3080 Treasury attorney: John Parcell (202) 622-2578 [[Page 75076]] CC:P&SI Agency Contact: Danielle M. Grimm, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 RIN: 1545-AN64 _______________________________________________________________________ 2773. TAXATION OF GLOBAL TRADING Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 864; 26 USC 482; 26 USC 863 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations will improve the taxation of global trading. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 08/28/90 55 FR 35152 NPRM 03/06/98 63 FR 11177 NPRM Comment Period End 06/04/98 Hearing 07/14/98 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-208299-90 (INTL-70-90) Drafting attorney: Kenneth P. Christman (202) 622-3870 Reviewing attorney: Paul S. Epstein (202) 622-3870 Treasury attorney: Patricia Brown (202) 622-1781 CC:INTL Agency Contact: Kenneth P. Christman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3870 RIN: 1545-AP01 _______________________________________________________________________ 2774. INTEREST-FREE ADJUSTMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6205 CFR Citation: 26 CFR 31 Legal Deadline: None Abstract: Under section 6205(a)(1) of the Code, if less than the correct amount of tax imposed under the FICA, the RRTA, or the income tax withholding provisions is paid with respect to any payment of wages or compensation, proper adjustments with respect to both the tax and amount to be deducted must be made without interest in such manner and in such times as the Secretary may by regulations prescribe. The proposed amendments would add language to clarify that an interest-free adjustment can be made in certain situations in which the error is ascertained before the appropriate return is filed. The proposed amendments are intended to apply only to situations in which no return was filed because the employer improperly failed to treat its workers as employees. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/10/92 57 FR 58423 NPRM Comment Period End 02/08/93 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209538-92 (EE-12-92) Drafting attorney: Karin Loverud (202) 622-6060 Reviewing attorney: Mary Oppenheimer (202) 622-6010 CC:TEGE Agency Contact: Karin Loverud, Tax Law Specialist, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6060 RIN: 1545-AQ61 _______________________________________________________________________ 2775. DEFINITION OF ``HIGHLY COMPENSATED EMPLOYEE'' Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 414 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations define the term ``highly compensated employee'' under section 414(q) of the Code. Temporary and proposed regulations, under sections 414(q) and 414(s), were published February 19, 1988 (53 FR 4965). Final regulations, under section 414(s), were published September 19, 1991 (56 FR 47659) under project EE-129-86. The regulations under 414(q) were split off from project EE-129-86. It is anticipated that proposed regulations under section 414(q) will be published in the future under project REG-209558-92 (EE-32-92). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/19/88 53 FR 4999 NPRM Comment Period End 04/19/88 Partially Closed by TD 8548 06/27/94 59 FR 32911 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: State, Local Federalism: Undetermined Additional Information: REG-209558-92 Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6080 Reviewing attorney: Marjorie Hoffman (202) 622-6030 Treasury attorney: W. Thomas Reeder (202) 622-1341 CC:TEGE Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AQ74 _______________________________________________________________________ 2776. ESCROW FUNDS AND OTHER SIMILAR FUNDS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 0468B CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides further guidance relating to certain escrow funds and other similar funds. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/01/99 64 FR 4801 NPRM Comment Period End 05/03/99 Final Action 12/00/02 [[Page 75077]] Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209619-93 (IA-17-93) Drafting attorney: Richard Shevak (202) 622-4930 Reviewing attorney: Jeffery G. Mitchell (202) 622-4930 CC:IT&A Agency Contact: Richard Shevak, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4930 RIN: 1545-AR82 _______________________________________________________________________ 2777. MARK-TO-MARKET UPON DISPOSITION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 475 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations address the relationship between mark-to- market accounting and accrual of stated interest, discount and premium, and between mark-to-market accounting and the tax treatment of bad debts. The regulations also provide that securities are to be marked to market upon disposition by a dealer and the exemption from marking to market in certain securitization transactions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/04/95 60 FR 397 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209724-94 (FI-42-94) Drafting attorney: Stephen J. Coleman (202) 622-3060 Reviewing attorney: Al Kraft (202) 622-3920 CC:FI&P Sections 1.475(a)-3 finalized in TD 8700. Sections 1.475(b)-4 finalized in TD 8700. Sections 1.475(c)-2 finalized in TD 8700. Agency Contact: Stephen J. Coleman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3060 RIN: 1545-AS85 _______________________________________________________________________ 2778. STRADDLES---MISCELLANEOUS ISSUES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1092 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation holds equity swaps to be straddles. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/02/95 60 FR 21482 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209768-95 (FI-21-95) Drafting attorney: Mary Truchly (202) 622-3960 Reviewing attorney: Christina Morrison (202) 622-3960 CC:FI&P Agency Contact: Mary Truchly, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3960 RIN: 1545-AT46 _______________________________________________________________________ 2779. AGREEMENTS FOR PAYMENT OF TAX LIABILITIES IN INSTALLMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: The regulations reflect the amendment of IRC section 6159, section 202 of the Taxpayer Bill of Rights 2, which provides that upon request by a taxpayer the Secretary shall provide an independent review of the termination of an installment agreement. The regulations reflect the amendment to section 6159, which guarantees the availability of installment agreements to taxpayers. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/31/97 62 FR 68241 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-100841-97 Drafting attorney: Frederick W. Schindler (202) 622-3620 Reviewing attorney: Lawrence Schattner (202) 622-3620 CC:P&A:CB&S Agency Contact: Frederick W. Schindler, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3620 RIN: 1545-AU97 _______________________________________________________________________ 2780. DEFINITION OF ``PRIVATE ACTIVITY BONDS'' ALLOCATION AND ACCOUNTING REGULATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 141; 26 USC 142; 26 USC 145; 26 USC 148; 26 USC 150 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations will provide general allocation and accounting rules for purposes of applying the private activity bond tests to tax-exempt bonds issued by State and local governments. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/30/94 59 FR 67658 NPRM Comment Period End 05/01/95 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-101563-97 [[Page 75078]] Drafting attorney: Bruce M. Serchuk (202) 622-3980 CC:TEGE Agency Contact: Bruce M. Serchuk, Senior Technician Reviewer, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3980 Fax: 202 622-4437 RIN: 1545-AU98 _______________________________________________________________________ 2781. RETURN OF LEVIED PROPERTY IN CERTAIN CASES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: Section 501(b) of the Taxpayer Bill of Rights 2 amended section 6343 of the Internal Revenue Code to authorize the Secretary to return levied property in four enumerated circumstances. Section 1102(d)(1)(B) of RRA 98 changed ``Taxpayer Advocate'' to ``National Taxpayer Advocate'' as a person who determines what is in the best interest of the taxpayer. The regulations set forth the circumstances in which the Secretary may return property and procedures to implement these sections. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/14/01 66 FR 10249 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-101520-97 Drafting attorney: Kevin B. Connelly (202) 622-3630 Reviewing attorney: Robert Miller (202) 622-3630 Treasury attorney: Rita Cavanagh (202) 622-1981 CC:P&A:CB&S Agency Contact: Kevin B. Connelly, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3630 RIN: 1545-AV01 _______________________________________________________________________ 2782. INTEREST ON EDUCATION LOANS Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 221; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance on the deduction of interest on education loans under section 221. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/21/99 64 FR 3257 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-116826-97 Drafting attorney: Kelly M. Davidson (202) 622-5020 Drating attorney: Donna Crisalli (202) 622-5020 CC:IT&A Agency Contact: Kelly M. Davidson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-5020 RIN: 1545-AW01 _______________________________________________________________________ 2783. MARK-TO-MARKET ACCOUNTING FOR DEALERS IN COMMODITIES AND TRADERS IN SECURITIES AND COMMODITIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 475; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance concerning mark-to-market accounting for securities traders and commodities dealers and traders. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/28/99 64 FR 4374 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-104924-98 Drafting attorney: Stephen J. Coleman (202) 622-3060 Reviewing attorney: Alvin Kraft (202) 622-3920 CC:FI&P Agency Contact: Stephen J. Coleman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3060 RIN: 1545-AW06 _______________________________________________________________________ 2784. ELECTION TO TREAT TRUST AS ESTATE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 645; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation will provide guidance regarding the operation of section 645 of the Internal Revenue Code, relating to certain revocable trusts treated as part of an estate. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/18/00 65 FR 79015 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-106542-98 Drafting attorney: Faith Colson (202) 622-3060 Reviewing attorney: J. Thomas Hines (202) 622-3060 CC:P&SI Agency Contact: Faith Colson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3060 RIN: 1545-AW24 _______________________________________________________________________ 2785. CORPORATE TAX SHELTER REGISTRATION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6111 [[Page 75079]] CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation provides guidance on the registration requirements for confidential corporate tax shelters under section 6111(d) of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/02/00 65 FR 11272 Public Hearing 06/20/00 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-110311-98 Drafting attorneys: Danielle M. Grimm (202) 622-3080 and Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3070 CC:P&SI Agency Contact: Danielle M. Grimm, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Related RIN: Related To 1545-AX81, Related To 1545-AX79, Related To 1545-BA62 RIN: 1545-AW26 _______________________________________________________________________ 2786. INTERCOMPANY OBLIGATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 1502; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation provides clarification of the tax treatment of certain transfers of intercompany obligations by or to a member of a consolidated group. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/18/98 63 FR 70354 NPRM Comment Period End 03/22/99 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-105964-98 Drafting attorney: Theresa Abell (202) 622-7700 Reviewing attorney: Ken Cohen (202) 622-7790 CC:CORP Agency Contact: Theresa Abell, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7700 RIN: 1545-AW30 _______________________________________________________________________ 2787. REPORTING OF PAYMENTS TO ATTORNEY Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 6045 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation provides information reporting requirements for payments of gross proceeds made in the course of a trade or business to attorneys in connection with legal services. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/21/99 64 FR 27730 Second NPRM 05/17/02 67 FR 35064 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-126024-01 Drafting attorney: Nancy L. Rose (202) 622-4910 Reviewing attorney: James C. Gibbons (202) 622-4910 Treasury attorney: Michael Novey (202) 622-1339 CC:P&A:APJP Agency Contact: Nancy L. Rose, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4910 RIN: 1545-AW72 _______________________________________________________________________ 2788. QUALIFIED OFFERS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation relates to the qualified offer rule allowing the recovery of reasonable administrative or litigation costs. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/04/01 66 FR 749 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-121928-98 Drafting attorney: Melinda G. Williams (202) 622-7940 Reviewing attorneys: Henry Schneiderman (202) 622-7820 and Susan T. Mosley (202) 622-7940 Treasury attorney: Julian Kim (202) 622-1981 CC:PA:APJP Agency Contact: Melinda G. Williams, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7940 RIN: 1545-AW99 _______________________________________________________________________ 2789. NOTICE OF CONTACT OF THIRD PARTIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation implements and interprets section 7602(c) of the Internal Revenue Code, concerning third-party contacts. The Restructuring and Reform Act of 1998, section 3417(a), created a new section 7602(c), which provides that the IRS may not contact third parties with respect to the [[Page 75080]] determination or collection of the tax liability of a taxpayer without providing reasonable notice to the taxpayer in advance. It also requires the IRS to keep a list of contacts and provide it periodically to the taxpayer. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/02/01 66 FR 77 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-104906-99 Drafting attorney: Charles B. Christopher (202) 622-3630 Reviewing attorney: Robert A. Miller (202) 622-3630 Treasury attorney: Julian Kim (202) 622-1981 CC:P&A:CB&S Agency Contact: Charles B. Christopher, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3630 RIN: 1545-AX04 _______________________________________________________________________ 2790. ALLOCATION OF RESEARCH CREDIT Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 41 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will provide guidance on the proper method of computing the research credit for a controlled group and the allocation of the research credit among members of the controlled group. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/04/00 65 FR 258 Public Hearing 04/26/00 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-105606-99 Drafting attorney: Jolene J. Shiraishi (202) 622-3120 Reviewing attorney: Joseph H. Makurath (202) 622-3120 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Jolene J. Shiraishi, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20044 Phone: 202 622-3120 Related RIN: Related To 1545-BA88 RIN: 1545-AX05 _______________________________________________________________________ 2791. DELAY RENTAL PAYMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 263 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations clarify that section 1.612-3(c) applies to delay rental payments to the extent that section 263A does not require the payments to be capitalized. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/08/00 65 FR 6090 Public Hearing 05/26/00 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103882-99 Drafting attorney: Brenda M. Stewart (202) 622-3120 Reviewing attorney: J.H. Makurath (202) 622-3120 Treasury attorney: John Parcell (202) 622-2578 CC:P&SI Agency Contact: Brenda M. Stewart, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3120 RIN: 1545-AX06 _______________________________________________________________________ 2792. HIGHWAY VEHICLE--DEFINITION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 48 Legal Deadline: None Abstract: This regulation provides amendments to regulations relating to definition of a highway vehicle. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/06/02 67 FR 38913 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103829-99 Drafting attorney: Bernard H. Weberman (202) 622-3130 Reviewing attorney: Richard Kocak (202) 622-3130 Treasury attorney: John Parcell (202) 622-2578 CC:P&SI Agency Contact: Bernard H. Weberman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3130 RIN: 1545-AX10 _______________________________________________________________________ 2793. GUIDANCE ON COST RECOVERY IN THE ENTERTAINMENT INDUSTRY Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation relates to the application of the income forecast method under section 167(g) of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/31/02 67 FR 38025 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103823-99 Drafting attorney: Bernard P. Harvey, III (202) 622-3110 Reviewing attorney: Charles B. Ramsey (202) 622-3110 [[Page 75081]] Treasury attorney: Christopher Ohmes (202) 622-0865 CC:P&SI Agency Contact: Bernard P. Harvey III, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3110 RIN: 1545-AX12 _______________________________________________________________________ 2794. ALLOCATING BASIS ADJUSTMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 755; 26 USC 1060 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations will provide rules for determining the fair market value of partnership assets for the purpose of allocating basis adjustments under sections 732(d), 734(b) and 743(b) among partnership assets under section 755, using the residual method of section 1060 of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/05/00 65 FR 17829 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-107872-99 Drafting attorney: Craig A. Gerson (202) 622-3050 Reviewing attorney: David Haglund (202) 622-3050 Treasury attorney: Deborah Harrington (202) 622-1788 CC:P&SI Agency Contact: Craig A. Gerson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3050 RIN: 1545-AX18 _______________________________________________________________________ 2795. EXCLUSION OF GAIN ON THE SALE OR EXCHANGE OF PRINCIPAL RESIDENCE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 121 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations reflect changes made by the Taxpayer Relief Act of 1997 to sections 121 and 1034 of the Code, relating to the exclusion of gain from the sale or exchange of a taxpayer's principal residence. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/10/00 65 FR 60136 Public Hearing 01/23/01 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-105235-99 Drafting attorney: Sara P. Shepherd (202) 622-4960 Reviewing attorney: George Baker (202) 622-4960 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:IT&A Agency Contact: Sara P. Shepherd, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4960 RIN: 1545-AX28 _______________________________________________________________________ 2796. SPECIAL RULES FOR RETROACTIVE PAYMENTS UNDER SECTION 417(A)(7)(A) FOR QUALIFIED RETIREMENT PLANS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 417; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation provides guidance regarding the special rule in IRC section 417(a)(7)(A), which permits qualified retirement plans to provide written explanation of QJSA after the annuity starting date. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/17/01 66 FR 3916 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-109481-99 Drafting attorney: Robert M. Walsh (202) 622-6090 Reviewing attorney: Marjorie Hoffman (202) 622-6000 CC:TEGE Agency Contact: Robert M. Walsh, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6090 RIN: 1545-AX34 _______________________________________________________________________ 2797. COMPENSATION DEFERRED UNDER ELIGIBLE SECTION 457(B) PLANS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 457 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations relate to deferred compensation plans of State and local governments and tax-exempt entities under section 457 of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/08/02 67 FR 30826 Public Hearing 08/29/02 67 FR 43574 Final Action 04/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: State, Local Federalism: Undetermined Additional Information: REG-105885-99 Drafting attorney: Cheryl E. Press (202) 622-6060 Reviewing attorney: Robert Patchell (202) 622-6060 Treasury attorney: William Bortz (202) 622-1352 [[Page 75082]] CC:TEGE Agency Contact: Cheryl E. Press, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6060 Fax: 202 622-4631 RIN: 1545-AX52 _______________________________________________________________________ 2798. STOCK TRANSFER RULES: CARRYOVER OF EARNINGS AND TAXES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 367 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance with respect to how earnings and profits and foreign income tax accounts carry over under section 381 and are allocated under section 312 in certain transactions described in section 367(b) of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/15/00 65 FR 69138 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-116050-99 Drafting attorney: Mark R. Pollard (202) 622-3850 Reviewing attorney: Anne Devereaux (202) 622-3850 Treasury attorney: Michael Caballero (202) 622-0851 CC:INTL Agency Contact: Mark R. Pollard, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 RIN: 1545-AX65 _______________________________________________________________________ 2799. LOANS TO PARTICIPANTS OR BENEFICIARIES FROM QUALIFIED EMPLOYEE PLANS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 72 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation will provide guidance on the application of rules for determining the income tax treatment to be accorded loans to participants or beneficiaries from qualified employer plans. The loans rules are provided in section 72(p) of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/31/00 65 FR 46677 Hearing 12/06/00 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-116495-99 Drafting attorney: Vernon Carter (202) 622-6060 Reviewing attorney: Catherine Fernandez (202) 622-6030 Treasury attorney: William Bortz (202) 622-1352 CC:TEGE Agency Contact: Vernon Carter, Tax Law Specialist, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6060 RIN: 1545-AX68 _______________________________________________________________________ 2800. REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY ABUSIVE TAX SHELTERS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6112; 26 USC 7805 CFR Citation: 26 CFR 301; 26 CFR 602 Legal Deadline: None Abstract: These regulations require the maintenance of lists of investors in potentially abusive tax shelters described in section 6112 of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/02/00 65 FR 11271 Hearing 06/20/00 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103736-00 Drafting attorneys: Danielle M. Grimm (202) 622-3080 and Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3080 CC:P&SI Agency Contact: Danielle M. Grimm, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Related RIN: Related To 1545-AW26, Related To 1545-AX81, Related To 1545-BA62 RIN: 1545-AX79 _______________________________________________________________________ 2801. TAX SHELTER DISCLOSURE STATEMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6011; 26 USC 7805 CFR Citation: 26 CFR 1; 26 CFR 602 Legal Deadline: None Abstract: The regulations require certain taxpayers to file a statement under section 6011 and maintain certain documents under section 6001 of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/02/00 65 FR 11269 Public Hearing 06/20/00 65 FR 11270 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103735-00 Drafting attorneys: Danielle M. Grimm (202) 622-3080 and Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3080 CC:P&SI Agency Contact: Danielle M. Grimm, Attorney-Advisor, Department of the [[Page 75083]] Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 Related RIN: Related To 1545-AX79, Related To 1545-AW26, Related To 1545-BA62 RIN: 1545-AX81 _______________________________________________________________________ 2802. DISCLOSURE OF RETURN AND RETURN INFORMATION TO DESIGNEE OF TAXPAYER Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6103 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation finalizes regulations implementing the amendment contained in the Taxpayer Bill of Rights II (TBOR II) to Internal Revenue Code section 6103(c). TBOR II eliminated the requirement for a request or consent for disclosure to be in writing. The proposed regulations which will be identical to temporary regulations already in effect will permit the Internal Revenue Service to disclose returns and return information to a taxpayer's designee, pursuant to a non-written request for or consent to disclosure. The regulations will also provide rules and guidance for consent in an electronic environment. Additionally, the regulations will provide guidance to Internal Revenue Service personnel to clarify a number of issues that have arisen since the regulation was initially promulgated in the late 1970s. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/11/01 66 FR 2373 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-103320-00 Drafting attorney: Joseph E. Conley (202) 622-4580 Reviewing attorney: David Fish (202) 622-4570 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:D&PL Agency Contact: Joseph E. Conley, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4580 RIN: 1545-AX85 _______________________________________________________________________ 2803. STATUTE OF LIMITATIONS ON COLLECTION INSTALLMENT AGREEMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6331 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation provides for the prohibition of levy while an installment agreement is pending with the Secretary, while an installment agreement is in effect, and following the rejection or termination of an installment agreement. This levy prohibition is established in section 6331(k) of title 26, as added by the IRS Restructuring and Reform Act of 1998. The regulation clarifies when levy is prohibited and the effect of the prohibition on the statute of limitations for collection. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/17/02 67 FR 18839 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-104762-00 Drafting attorney: Frederick W. Schindler (202) 622-3620 Reviewing attorney: Lawrence Schattner (202) 622-3620 CC:P&A:CB&S Agency Contact: Frederick W. Schindler, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3620 RIN: 1545-AX89 _______________________________________________________________________ 2804. DEFINITION OF INCOME Priority: Substantive, Nonsignificant Legal Authority: 26 USC 643; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations provide guidance under section 643 of the Internal Revenue Code, on whether State law definition of trust income is trust income for Federal tax purposes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/15/01 66 FR 1039 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-106513-00 Drafting attorney: Bradford R. Poston (202) 622-3060 Reviewing attorney: J. Thomas Hines (202) 622-3060 CC:P&SI Agency Contact: Bradford R. Poston, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3060 RIN: 1545-AX96 _______________________________________________________________________ 2805. CONSTRUCTIVE TRANSFERS AND TRANSFERS OF PROPERTY TO THIRD PARTIES ON BEHALF OF A SPOUSE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation will provide rules for determining when a redemption by a corporation of the stock of one spouse or former spouse results in a constructive transfer to the other spouse or former spouse of the proceeds of the redemption. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/03/01 66 FR 40659 Final Action 12/00/02 [[Page 75084]] Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-107151-00 Drafting attorney: Edward C. Schwartz (202) 622-4960 Reviewing attorney: William A. Jackson (202) 622-4960 CC:IT&A Agency Contact: Edward C. Schwartz, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4960 RIN: 1545-AX99 _______________________________________________________________________ 2806. DAMAGES FOR INTENTIONAL OR RECKLESS DISREGARD OF THE INTERNAL REVENUE CODE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation will implement a number of new provisions of section 7433, including raising the cap on damages for the intentional or reckless disregard of the Internal Revenue Code, or regulations in connection with a collection action, authorizing actions for the negligent disregard of the Code or regulations. It will provide rules with respect to administrative claims for damages caused by violations of the automatic stay and discharge provisions of the Bankruptcy Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/05/02 67 FR 9929 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-107366-00 Drafting attorney: Robert A. Miller (202) 622-3640 Reviewing attorney: Kevin B. Connelly (202) 622-3630 Treasury attorney: Rita Cavanagh (202) 622-1981 CC:P&A:CB&S Agency Contact: Robert A. Miller, Technical Assistant, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3640 RIN: 1545-AY08 _______________________________________________________________________ 2807. INVESTMENT TYPE PROPERTY (PREPAYMENT) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation defines investment type property for purposes of determining whether bonds are arbitrage bonds under section 148 of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/25/99 64 FR 46320 Second NPRM 04/17/02 67 FR 18835 Public Hearing 06/28/02 67 FR 43574 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: State, Local Additional Information: REG-105369-00 Drafting attorney: Johanna L. Som de Cerff (202) 622-3980 Reviewing attorney: Rebecca L. Harrigal (202) 622-3980 Treasury attorney: Stephen Watson (202) 622-1322 CC:TEGE The previous notice of proposed rulemaking (REG-113526-98; 64 FR 46320), published on August 25, 1999, relating to arbitrage and related restrictions applicable to tax-exempt bonds issued by State and Local governments, is withdrawn (67 FR 18835). Agency Contact: Johanna L. Som de Cerff, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3980 Fax: 202 622-4437 Related RIN: Related To 1545-AW44 RIN: 1545-AY12 _______________________________________________________________________ 2808. AUTHORIZED PLACEMENT AGENCY Priority: Substantive, Nonsignificant Legal Authority: 26 USC 152 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations amend the definition of ``authorized placement agency'' (for purposes of determining whether a child placed for legal adoption in a taxpayer's home is a dependent of the taxpayer) to include biological parents and other persons authorized by State law to place children for legal adoption. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/30/00 65 FR 71277 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-107279-00 Drafting attorney: Elizabeth K. Kaye (202) 622-4910 Reviewing attorney: Pamela W. Fuller (202) 622-4910 CC:P&A:APJP Agency Contact: Elizabeth K. Kaye, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4910 Fax: 202 622-6232 RIN: 1545-AY18 _______________________________________________________________________ 2809. HIPAA GENERAL NONDISCRIMINATION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 9833 CFR Citation: 26 CFR 54 Legal Deadline: None Abstract: These regulations provide guidance regarding the requirements imposed on group health plans not to discriminate in rules for eligibility under the plan on the basis of any health factor, and not to require any individual to pay a higher premium or contribution for coverage under the plan than any similarly situated individual based on any health factor. [[Page 75085]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/08/01 66 FR 1435 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-114082-00 Drafting attorney: Russell Weinheimer (202) 622-6080 Reviewing attorney: Alan Tawshunsky (202) 622-6000 Treasury attorney: Kevin Knopf (202) 622-2329 CC:TEGE Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AY32 _______________________________________________________________________ 2810. HIPAA NONDISCRIMINATION/EXCEPTION FOR CHURCH PLANS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 7853 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations provide guidance on the exception for certain grandfathered church plans from the general rule requiring group health plans not to discriminate in rules for eligibility on the basis of any health factor. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/10/01 66 FR 1437 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-114083-00 Drafting attorney: Russell Weinheimer (202) 622-6080 Reviewing attorney: Alan Tawnshunsky (202) 622-6000 Treasury attorney: Kevin Knopf (202) 622-2329 CC:TEGE Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AY33 _______________________________________________________________________ 2811. HIPAA NONDISCRIMINATION/BONA FIDE WELLNESS PROGRAMS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 9833 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations provide guidance regarding the exception for certain wellness programs to the general rule imposed on group health plans not to require a higher premium or contribution from an individual than from a similarly situated individual based on any health factor. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/08/01 66 FR 1421 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-114084-00 Drafting attorney: Russell Weinheimer (202) 622-6080 Reviewing attorney: Alan Tawnshunsky (202) 622-6080 Treasury attorney: Kevin Knopf (202) 622-2329 CC:TEGE Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AY34 _______________________________________________________________________ 2812. RECOGNITION OF GAIN ON CERTAIN DISTRIBUTIONS OR STOCK OF SECURITIES IN CONNECTION WITH AN ACQUISITION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 355(e)(5) CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides that a distributing corporation will recognize gain on the distribution of stock of a controlled corporation if 50 percent of the stock of the distributing corporation or controlled corporation is acquired pursuant to a plan that includes the distribution. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/26/02 67 FR 20711 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-163892-01 Drafting attorney: Amber R. Cook (202) 622-7530 Reviewing attorney: Stephen P. Fattman (202) 622-7700 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP On January 2, 2001, a notice of proposed rulemaking was published in the Federal Register (REG-107566-00; 66 FR 66) under section 355(e) of the Internal Revenue Code of 1986. A public hearing regarding those proposed regulations was held on May 15, 2001. On August 3, 2001, those proposed regulations were published as temporary regulations in the Federal Register (REG-107566-00; 66 FR 40590). The notice of proposed rulemaking withdraws the notice of proposed rulemaking that was published on January 2, 2001 and provides new rules under section 355(e) of the Internal Revenue Code of 1986 by cross-reference to temporary regulations published in the same issue of the Federal Register. Agency Contact: Amber R. Cook, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7530 RIN: 1545-AY42 [[Page 75086]] _______________________________________________________________________ 2813. MODIFIED GUARANTEED CONTRACTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 817A CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations will provide guidance to issuers of modified guaranteed contracts. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/03/02 67 FR 38214 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-248110-96 Drafting attorney: Ann H. Logan (202) 622-3970 Reviewing attorney: Donald J. Drees (202) 622-3970 CC:FI&P Agency Contact: Ann H. Logan, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3970 RIN: 1545-AY48 _______________________________________________________________________ 2814. ELECTRONIC FURNISHING OF PAYEE STATEMENTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6050; 26 USC 6051; 26 USC 6041; 26 USC 6724 CFR Citation: 26 CFR 1; 26 CFR 31 Legal Deadline: None Abstract: This regulation amends the regulations to allow for the electronic furnishing of Forms W-2, 1098-E and 1098-T. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/14/01 66 FR 10247 NPRM Comment Period End 07/06/01 66 FR 32279 Public Hearing 07/25/01 66 FR 32279 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: State Additional Information: REG-107186-00 Drafting attorney: Michael E. Hara (202) 622-4910 Reviewing attorney: John McGreevy (202) 622-4910 Treasury attorney: John Parcell (202) 622-2578 CC:PA:APJP Agency Contact: Michael E. Hara, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue, Washington, DC 20224 Phone: 202 622-4910 RIN: 1545-AY50 _______________________________________________________________________ 2815. DISCLOSURE OF RETURN INFORMATION TO OFFICERS AND EMPLOYEES OF THE DEPARTMENT OF COMMERCE FOR CERTAIN STATISTICAL PURPOSES AND RELATED ACTIVITIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6103 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: The regulations relate to additions to the list of items of information disclosed to the Bureau of the Census for use in the Longitudinal Employer-Household Dynamics (LEHD) project and the Survey of Income and Program Participation (SIPP) project. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/13/01 66 FR 9991 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Additional Information: REG-121109-00 Drafting attorney: Christine Irwin (202) 622-4570 Reviewing attorney: Donald Squires (202) 622-4570 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:PA:DPL Agency Contact: Christine Irwin, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4570 RIN: 1545-AY52 _______________________________________________________________________ 2816. TAX TREATMENT OF CAFETERIA PLANS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 125 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides information about the tax treatment of cafeteria plans. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/10/01 66 FR 1923 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Additional Information: REG-209461-79 Drafting attorney: Shoshanna Chaiton (202) 622-6080 Reviewing attorney: Janet A. Laufer (202) 622-6090 CC:TEGE Agency Contact: Shoshanna Chaiton, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-AY67 _______________________________________________________________________ 2817. OBLIGATION OF STATES AND POLITICAL SUBDIVISIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance to State and local governments that issue bonds for output facilities. This document also withdraws the NPRM REG-110965-97, 1545-AV47, published on January 22, 1998 (63 FR 3296). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/18/01 66 FR 4754 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No [[Page 75087]] Small Entities Affected: No Government Levels Affected: State, Local Additional Information: REG-114998-99 and REG-145082-02 Drafting attorney: Rose M. Weber (202) 622-3980 Reviewing attorney: Bruce M. Serchuk (202) 622-3980 Treasury attorney: Stephen J. Watson (202) 622-1322 The Notice of Proposed Rulemaking partially withdraws the NPRM REG- 110965-97, 1545-AV47 published on Jan. 22, 1998 (63 FR 3296) REG-114998-99, RIN 1545-AY71 was published on Jan. 18, 2001 at 66 FR 4754. REG-145082-02 (final regulation), will finalize those regulations. CC:TEGE Agency Contact: Rose M. Weber, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3980 Fax: 202 622-4437 RIN: 1545-AY71 _______________________________________________________________________ 2818. QUALIFIED S ELECTION FOR TESTAMENTARY TRUSTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1361 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These final regulations relate to the qualified subchapter S election for testamentary trusts. A testamentary trust may qualify as a permitted shareholder of an S corporation for a two-year period beginning on the day the stock is transferred to the trust. These regulations would provide that the beneficiary of a qualifying testamentary trust that also qualifies as a qualified subchapters S trust (QSST) may make a QSST election at any time up to the end of the 16-day-and-2-month period beginning after the two-year qualifying period. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/24/01 66 FR 44565 Final Action 01/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-106431-01 Drafting attorney: Deane M. Burke (202) 622-3070 Reviewing attorney: Mary Beth Collins (202) 622-3070 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&SI Agency Contact: Deane M. Burke, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3070 RIN: 1545-AY76 _______________________________________________________________________ 2819. DISCLOSURE OF RETURNS AND RETURN INFORMATION BY OTHER AGENCIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation permits the Commissioner to authorize agencies with access to returns and return information under section 6103 of the Code to redisclose such returns and return information, with the Commissioner's approval, to the Congressional Budget Office and other agencies authorized to receive such information in accordance with IRC section 6103. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/17/01 66 FR 64386 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Additional Information: REG-105344-01 Drafting attorney: Julie C. Schwartz (202) 622-4570 Reviewing attorney: Philip Lendenmuth (202) 622-4560 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:D&PL Agency Contact: Julie C. Schwartz, Senior Counsel, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4570 RIN: 1545-AY77 _______________________________________________________________________ 2820. RESEARCH CREDIT III Priority: Substantive, Nonsignificant Legal Authority: 26 USC 41 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation relates to the computation of the research credit under section 41(c) and the definition of the qualified research under section 41(d) of the Internal Revenue Code. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/26/01 66 FR 66362 Hearing 03/27/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-112991-01 Drafting attorney: Nicole R. Cimino (202) 622-3120 Reviewing attorneys: Leslie Finlow (202) 622-3120 and Brenda Stewart (202) 622-3120 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Nicole R. Cimino, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3120 RIN: 1545-AY82 _______________________________________________________________________ 2821. LOW-INCOME TAXPAYER CLINICS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will amend the regulations pertaining to the definition of income tax return preparer to exclude low-income taxpayer clinics and their volunteers when operating as authorized by 26 U.S.C. 7526. [[Page 75088]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/11/02 67 FR 39915 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-115285-01 Drafting attorney: Brinton T. Warren (202) 622-4940 Reviewing attorney: Judith M. Wall (202) 622-4940 Treasury attorney: Julian Kim (202) 622-1981 CC:P&A:APJP Agency Contact: Brinton T. Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-AY84 _______________________________________________________________________ 2822. NEW MARKET TAX CREDIT Priority: Substantive, Nonsignificant Legal Authority: 26 USC 45D; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These regulations relate to the new markets tax credit under section 45D, which was enacted by section 121(a) of the Community Renewal Tax Relief Act of 2000 (Pub. L. 106-554). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 05/01/01 66 FR 21844 NPRM 12/26/01 66 FR 66376 Public Hearing 03/14/02 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-119436-01 Drafting attorney: Paul F. Handleman (202) 622-3040 Reviewing attorney: Susan Reaman (202) 622-3040 Treasury attorney: Steve Watson (202) 622-1322 CC:P&SI Agency Contact: Paul F. Handleman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3040 Fax: 202 622-4753 RIN: 1545-AY87 _______________________________________________________________________ 2823. NET GIFT TREATMENT Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 25 Legal Deadline: None Abstract: This regulation is intended to cover the effect of gift tax entitled to be recovered by the donor, pursuant to the right of recovery under section 2207A, on the amount of the gift under section 2519 (i.e., whether the transfer is a ``net gift''). The section was reserved when the regulations under section 2519 were finalized, because of uncertainty regarding whether section 2207A shifts the liability for the gift tax to the beneficiaries of the transfer. After considering the issue in conjunction with several TAMS and PLRS, we have adopted a position that section 2207A does not shift the liability for the gift tax imposed on a section 2519 transfer. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/22/02 67 FR 47755 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-123345-01 Drafting attorney: DeAnn K. Malone (202) 622-7830 Reviewing attorney: Melissa Liquerman (202) 622-7076 CC:P&SI Agency Contact: DeAnn K. Malone, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7830 RIN: 1545-AY91 _______________________________________________________________________ 2824. EXCISE TAX IMPOSED ON FOREIGN INSURERS OR REINSURERS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 4374 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation is intended to amend Treasury Regulation section 46.4374-1(a), which deals with an excise tax imposed on foreign insurers or reinsurers. The existing regulation was published in 1970 and provides that the ``tax shall be remitted by the person who makes the payment of the premium to a foreign insurer or reinsurer or to any nonresident agent, solicitor, or broker. For purposes of this paragraph, the person who makes payment means that resident person who actually transfers the money, check, or its equivalent to the foreign insurer or reinsurer (including transfers to any bank, trust fund, or similar recipient, designated by the foreign insurer or reinsurer), or to any nonresident agent, solicitor, or broker.'' In 1976, I.R.C. section 4374 was amended to impose liability on ``any person who makes, signs, issues, or sells any of the documents and instruments subject to the tax, or for whose use or benefit the same are made, signed, issued or sold.'' For example, there have been cases recently where a foreign parent corporation has purchased from a foreign insurer policies covering risks and policies for the benefit of a U.S. subsidiary. The IRS often has no ability to collect the excise tax on such a policy from the foreign parent, and the U.S. subsidiary has relied on the existing regulation to argue that the IRS may not collect the tax from the subsidiary, because it did not actually pay the premium to the foreign insurer. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/07/02 67 FR 708 NPRM Comment Period End 02/26/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-125450-01 [[Page 75089]] Drafting attorney: Amanda A. Ehrlich (202) 622-3880 Reviewing attorney: W. Edward Williams (202) 622-3880 Treasury attorney: Michael Caballero (202) 622-0851 CC:INTL Agency Contact: Amanda A. Ehrlich, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3880 RIN: 1545-AY93 _______________________________________________________________________ 2825. DEFINITION OF AGENT AND SAFEGUARD CERTIFICATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 6103 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation relates to the definition of agent for purposes of I.R.C. sections 6103(1) and (m). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/01/02 67 FR 4938 NPRM Comment Period End 05/02/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: State, Federal, Local Additional Information: REG-120135-01 Drafting attorney: Helene R. Newsome (202) 622-4570 Reviewing attorney: Donald M. Squires (202) 622-4570 CC:P&A:D&PL Agency Contact: Helene R. Newsome, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4570 RIN: 1545-AY94 _______________________________________________________________________ 2826. CONSOLIDATED RETURN INTERCOMPANY TRANSACTION RULES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 446; 26 USC 1502 CFR Citation: 26 CFR 446 Legal Deadline: None Abstract: The regulation is related to the treatment of the consolidated return intercompany transaction rules as a method of accounting. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/07/01 66 FR 56262 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-125161-01 Drafting attorney: Marie C. Milnes-Vasquez (202) 622-7770 Reviewing attorney: Edward Cohen (202) 622-7770 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Marie Milnes-Vasquez, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7770 RIN: 1545-BA05 _______________________________________________________________________ 2827. MERGERS INVOLVING DISREGARDED ENTITIES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 368 Legal Deadline: None Abstract: The regulation will provide guidance concerning the requirements to be met in order for a merger or consolidation to qualify as a reorganization under section 368(a)(1)(A). They will also address whether certain mergers involving disregarded entities can qualify as reorganizations under section 368(a)(1)(A). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/15/01 66 FR 57400 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-126485-01 Drafting attorneys: Richard Heinecke (202) 622-7930 Reviewing attorney: Reginald Mombrum (202) 622-7930 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Richard M. Heinecke, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7930 RIN: 1545-BA06 _______________________________________________________________________ 2828. NOTICE OF SIGNIFICANT REDUCTION IN THE RATE OF FUTURE BENEFIT ACCRUAL Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 4980 CFR Citation: 26 CFR 1; 26 CFR 54; 26 CFR 602 Legal Deadline: None Abstract: The final regulations will update the regulations currently in section 1.411(d) for changes made as a result of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA). EGTRAA amends ERISA section 204(h) and adds section 4980F to the Code. Section 4980F imposes an excise tax for failure to satisfy notice requirements. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/23/02 67 FR 19713 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-136193-01 Drafting attorney: Pamela R. Kinard (202) 622-6060 Reviewing attorney: Janet A. Laufer (202) 622-6090 Treasury attorney: William Bortz (202) 622-6090 CC:TEGE Agency Contact: Pamela R. Kinard, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 [[Page 75090]] Phone: 202 622-6060 RIN: 1545-BA08 _______________________________________________________________________ 2829. CONSOLIDATED RETURNS; NON-APPLICABILITY OF SECTION 357(C) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1502 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations make amendments to section 1.1502-80(d) of the consolidated return regulations dealing with the scope of the non- applicability of section 357(c) in a consolidated group. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/14/01 66 FR 57021 Public Hearing 03/21/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-137519-01 Drafting attorney: Thomas I. Russell (202) 622-7930 Reviewing attorney: Al Bishop (202) 622-7930 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Thomas I. Russell, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7930 RIN: 1545-BA09 _______________________________________________________________________ 2830. COUNTING 2100 NOTICES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 3406 CFR Citation: 26 CFR 31 Legal Deadline: None Abstract: The regulations will amend the rule for determining the number of notices a payer received from the Internal Revenue Service for purposes of determining whether a payer must impose backup withholding pursuant to section 31.3406(d). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/03/02 67 FR 44579 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-116644-01 Drafting attorney: Nancy L. Rose (202) 622-4910 Reviewing attorney: Pamela W. Fuller (202) 622-4910 Treasury attorney: Jodi Cohen (202) 622-0160 CC:P&A:APJP Agency Contact: Nancy L. Rose, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4910 RIN: 1545-BA18 _______________________________________________________________________ 2831. CATCH-UP CONTRIBUTIONS FOR INDIVIDUALS AGE 50 OR OVER Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulations would provide guidance for plans that permit individuals aged 50 or over to make catch-up contributions under the plan. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/23/01 66 FR 53555 Public Hearing 04/30/02 67 FR 7656 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-142499-01 Drafting attorney: John T. Ricotta (202) 622-6060 Reviewing attorney: Marjorie Hoffman (202) 622-6060 Treasury attorney: Elizabeth Drigotas (202) 622-1332 CC:TEGE Agency Contact: John T. Ricotta, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6060 RIN: 1545-BA24 _______________________________________________________________________ 2832. UNIT LIVESTOCK PRICING METHOD Priority: Substantive, Nonsignificant Unfunded Mandates: Undetermined Legal Authority: 26 USC 471; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The final action contains requirements to annually reevaluate and upwardly or downwardly adjust unit livestock prices. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/04/02 67 FR 5074 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-125626-01 Drafting attorney: A. Katharine Kiss (202) 622-4930 Reviewing attorney: Gerald M. Horan (202) 622-4970 CC:IT&A Agency Contact: A. Katharine Kiss, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4930 RIN: 1545-BA25 _______________________________________________________________________ 2833. GUIDANCE REGARDING FOREIGN PERSONAL HOLDING COMPANY INCOME Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805; 26 USC 954(h)(8) CFR Citation: 26 CFR 1.954-2(f); 26 CFR 1.954-2(g) Legal Deadline: None Abstract: These proposed regulations relate to the definition of foreign [[Page 75091]] personal holding company income in the case of gain or loss arising from certain commodities hedging transactions and in the case of currency gain or loss arising from certain interest-bearing liabilities. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/13/02 67 FR 31995 Final Action 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined Additional Information: REG-154920-01 Drafting attorneys: Theodore Setzer (202) 622-3870, Kenneth P. Christman (202) 622-3870 Reviewing attorney: Jeffrey Dorfman (202) 622-3870 Treasury attorney: Patrick Brown: (202) 622-1754 CC:INTL Agency Contact: Kenneth P. Christman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3870 RIN: 1545-BA33 _______________________________________________________________________ 2834. WITHHOLDING AT TREATY RATE EXCEPTION FOR TAXPAYER IDENTIFYING NUMBER Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1441 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will address the taxpayer identifying number rule when taxpayer claims treaty rate and is entitled to an immediate payment. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/17/02 67 FR 2387 Final Action 07/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-159079-01 Drafting attorney: Jonathan A. Sambur (202) 622-3840 Reviewing attorney: Phyllis E. Marcus (202) 622-3840 Treasury attorney: Patrick Brown (202) 622-1754 CC:INTL Agency Contact: Jonathan A. Sambur, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington Phone: 202 622-3840 RIN: 1545-BA38 _______________________________________________________________________ 2835. SPLIT-DOLLAR LIFE INSURANCE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 7872 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance under sections 7872, 61, and 83 on the taxation of split-dollar life insurance arrangements pursuant to Notice 2001-10 and Notice 2002-8. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/09/02 67 FR 95414 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-164754-01 Drafting attorney: Rebecca E. Asta (202) 622-3940 Reviewing attorney: David Silber (202) 622-3524 Treasury attorney: Mike Novey (202) 622-1339 CC:FI&P Agency Contact: Rebecca E. Asta, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3940 RIN: 1545-BA44 _______________________________________________________________________ 2836. AMENDMENT TO THE DEFINITION OF REFUNDING Priority: Substantive, Nonsignificant Legal Authority: Not Yet Determined CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation would amend the definition of a refunding issue applicable to tax-exempt bonds issued by States and local governments. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/10/02 67 FR 17310 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: State, Local Additional Information: REG-165706-01 Drafting attorney: Michael P. Brewer (202) 622-3980 Reviewing attorney: Bruce Serchuk (202) 622-3980 CC:TEGE Agency Contact: Michael P. Brewer, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3980 RIN: 1545-BA46 _______________________________________________________________________ 2837. TREATMENT OF FUNDED WELFARE BENEFIT PLANS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides special rules concerning employer deductions for contributions to a welfare benefit fund that is part of a 10 or more employer plan. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/11/02 67 FR 45933 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-165868-01 Drafting attorney: Betty J. Clary (202) 622-6080 Reviewing attorney: Mark Schwimmer (202) 622-6080 Treasury attorney: Harlan Weller (202) 622-1001 [[Page 75092]] CC:TEGE Agency Contact: Betty J. Clary, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 RIN: 1545-BA47 _______________________________________________________________________ 2838. LOSS LIMITATION RULES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 337(d) CFR Citation: 26 CFR 1; 26 CFR 602 Legal Deadline: None Abstract: The regulations provide guidance on the treatment of certain losses recognized on sales of subsidiary stock by members of a consolidated group under section 337(d) and section 1502 of the Internal Revenue Code. For related matters see the proposed regulations published on March 12, 2002 at 67 FR 11070 regarding REG-102740-02. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/31/02 67 FR 38040 Final Action 06/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-123305-02 Drafting attorney: Lola L. Johnson (202) 622-7550 Reviewing attorney: Sean P. Duffley (202) 622-7530 CC:CORP Agency Contact: Lola L. Johnson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7550 Related RIN: Related To 1545-BA51, Related To 1545-BA74 RIN: 1545-BA52 _______________________________________________________________________ 2839. [bull] CARRYBACK OF CONSOLIDATED NET OPERATING LOSSES TO SEPARATE RETURN YEARS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1502 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation will harmonize the waiver election in section 1.1502-21(b)(3) with the Amendments to IRC 172(b) with the Job Creation and Worker Assistance Act of 2002. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/31/02 67 FR 38039 Final Action 05/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-122564-02 Drafting and reviewing attorney: Marie C. Milnes-Vasquez (202) 622-7770 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Marie Milnes-Vasquez, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7770 Related RIN: Related To 1545-BA76 RIN: 1545-BA73 _______________________________________________________________________ 2840. [bull] STATUTORY OPTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 421 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides rules for the creation, and or maintenance, of a statutory stock option plan. It includes rules on adopting a plan, plan requirements, permissible provisions of a plan, and disqualification of a statutory option. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/30/02 Comment Period End 09/30/02 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-122917-02 Drafting attorney: Erinn M. Madden (202) 622-6030 Reviewing attorney: Robert Misner (202) 622-6030 Treasury attorney: Elizabeth Drigotas (202) 622-1332 CC:TEGE Agency Contact: Erinn M. Madden, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6030 RIN: 1545-BA75 _______________________________________________________________________ 2841. [bull] EARNINGS CALCULATION FOR RETURNED OR RECHARACTERIZED CONTRIBUTIONS Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation sets forth a rule for calculating net income attributable to IRA contributions being returned under Code section 408(d)(4) or recharacterized under Code section 408A(d)(6). Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/23/02 67 FR 48067 Final Action 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-124256-02 Drafting attorney: Cathy A. Vohs (202) 622-6090 Reviewing attorney: Marjorie Hoffman (202) 622-6090 CC:TEGE Agency Contact: Cathy A. Vohs, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6090 RIN: 1545-BA82 [[Page 75093]] _______________________________________________________________________ 2842. [bull] REPORTING REQUIREMENTS FOR WIDELY HELD FIXED INVESTMENT TRUSTS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The regulation relates to reporting requirements for widely held fixed investment trusts. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/20/02 67 FR 41892 NPRM Comment Period End 09/18/02 Final Action 03/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-106871-00 Drafting attorney: Faith Colson (202) 622-3060 Reviewing attorney: J. Thomas Hines (202) 622-3060 Treasury attorney: Viva Hammer (202) 622-0869 CC:P&SI Agency Contact: Faith Colson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3060 Related RIN: Related To 1545-AU15 RIN: 1545-BA83 _______________________________________________________________________ 2843. [bull] LOW-INCOME TAXPAYER CLINICS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation amends the provisions pertaining to the definition of income tax return preparer to exclude low-income taxpayer clinics and their volunteers when operating as authorized by 26 U.S.C. 7526. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/11/02 67 FR 39915 Final Action 12/00/02 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-115285-01 Drafing attorney: Brinton T. Warren (202) 622-4940 Reviewing attorney: Judith Wall (202) 622-4940 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:P&A:APJP Agency Contact: Brinton T. Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 Related RIN: Related To 1545-AY84 RIN: 1545-BA95 _______________________________________________________________________ 2844. [bull] 6038 ISSUES RELATING TO CERTAIN FOREIGN CORPORATIONS AND PARTNERSHIPS Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. Unfunded Mandates: Undetermined Legal Authority: 26 USC 7805; 26 USC 6038 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will provide guidance regarding controlled foreign partnership reporting. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 12/00/02 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-124069-02 Drafting attorney: Tasheaya Warren (202) 622-3860 Reviewing attorney: Michael H. Frankel (202) 622-3860 Agency Contact: Tasheaya Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 RIN: 1545-BB36 _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions Internal Revenue Service (IRS) _______________________________________________________________________ 2845. INCOME TAX--TAXPAYER'S OBLIGATION TO FILE A NOTICE OF REDETERMINATION OF FOREIGN TAX AND CIVIL PENALTIES FOR FAILURE TO FILE Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 301; 26 CFR 602 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/23/88 53 FR 23659 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Margaret A. Hogan Phone: 202 622-3850 RIN: 1545-AC09 _______________________________________________________________________ 2846. INCOME TAX--DEFINITION OF QUALIFIED POSSESSION SOURCE INVESTMENT INCOME FOR PURPOSES OF PUERTO RICO AND POSSESSION TAX CREDIT Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/21/86 51 FR 2726 Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined [[Page 75094]] Small Entities Affected: No Government Levels Affected: None Agency Contact: W. Edward Williams Phone: 202 622-3880 RIN: 1545-AC10 _______________________________________________________________________ 2847. FSC TRANSFER PRICING RULES, DISTRIBUTIONS, DIVIDENDS RECEIVED, DEDUCTION, AND OTHER SPECIAL RULES FOR FSC Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/03/87 52 FR 6467 NPRM Comment Period End 05/02/87 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Douglas L. Giblen Phone: 202 874-1490 RIN: 1545-AI16 _______________________________________________________________________ 2848. INFORMATION FROM PASSPORT AND IMMIGRATION APPLICANTS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/24/92 57 FR 61373 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Amanda A. Ehrlich Phone: 202 622-3880 RIN: 1545-AJ93 _______________________________________________________________________ 2849. FOREIGN CORPORATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/16/86 51 FR 17990 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Michael H. Frankel Phone: 202 622-3860 RIN: 1545-AK74 _______________________________________________________________________ 2850. FOREIGN INSURANCE COMPANIES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Steven D. Jensen Phone: 202 622-3870 RIN: 1545-AL82 _______________________________________________________________________ 2851. INCOME OF FOREIGN GOVERNMENTS AND INTERNATIONAL ORGANIZATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/27/88 53 FR 24100 NPRM Comment Period End 08/26/88 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: David A. Juster Phone: 202 622-3850 RIN: 1545-AL93 _______________________________________________________________________ 2852. CLARIFICATION OF TREATMENT OF SEPARATE LIMITATION LOSSES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Richard L. Chewning Phone: 202 622-3850 RIN: 1545-AM11 _______________________________________________________________________ 2853. EARNINGS AND PROFITS OF CONTROLLED FOREIGN CORPORATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/25/90 55 FR 2535 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Margaret A. Hogan Phone: 202 622-3850 RIN: 1545-AM90 _______________________________________________________________________ 2854. CARIBBEAN BASIN INVESTMENTS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/13/91 56 FR 21963 Hearing 07/12/91 56 FR 21963 Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Agency Contact: W. Edward Williams Phone: 202 622-3880 RIN: 1545-AM91 _______________________________________________________________________ 2855. OUTBOUND TRANSFERS OF PROPERTY TO FOREIGN CORPORATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None [[Page 75095]] Agency Contact: Aaron A. Farmer Phone: 202 622-3860 RIN: 1545-AM97 _______________________________________________________________________ 2856. RAILROAD UNEMPLOYMENT REPAYMENT TAX Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 31 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/13/93 58 FR 28374 NPRM Comment Period End 07/12/93 Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Agency Contact: Kyle A. Finizio Phone: 202 622-6040 RIN: 1545-AN40 _______________________________________________________________________ 2857. CONSOLIDATED ALTERNATIVE MINIMUM TAX Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/30/92 57 FR 62251 NPRM Comment Period End 03/01/93 Hearing 04/06/93 Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Agency Contact: Martin Scully Phone: 202 622-4960 RIN: 1545-AN73 _______________________________________________________________________ 2858. CONFORMING TAXABLE YEARS OF CFCS AND FPHCS: 1989 CHANGE Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/05/93 58 FR 290 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Carl M. Cooper Phone: 202 622-3840 RIN: 1545-AO22 _______________________________________________________________________ 2859. EARNINGS STRIPPING PAYMENTS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/18/91 56 FR 27907 Hearing 09/25/91 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jeffrey L. Dorfman Phone: 202 622-3870 RIN: 1545-AO24 _______________________________________________________________________ 2860. FOREIGN INSURANCE COMPANY--DOMESTIC ELECTION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Valerie A. Mark-Lippe Phone: 202 622-3840 RIN: 1545-AO25 _______________________________________________________________________ 2861. FRINGE BENEFIT SOURCING UNDER SECTION 861 Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/21/00 65 FR 3402 Public Hearing 07/18/00 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: David F. Bergkuist Phone: 202 622-3850 RIN: 1545-AO72 _______________________________________________________________________ 2862. INFORMATION REPORTING AND RECORD MAINTENANCE Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Garrett D. Gregory Phone: 202 622-3870 RIN: 1545-AP10 _______________________________________________________________________ 2863. CHARITABLE CONTRIBUTIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/12/91 56 FR 10395 Hearing 08/01/91 56 FR 23823 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Teresa B. Hughes Phone: 202 622-3850 RIN: 1545-AP30 _______________________________________________________________________ 2864. REGISTRATION REQUIRED OBLIGATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/21/93 58 FR 5316 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Carl M. Cooper Phone: 202 622-3840 RIN: 1545-AP33 [[Page 75096]] _______________________________________________________________________ 2865. GUIDANCE IN NOTICE 89-37, WHICH TREATS THE RECEIPT OF A CORPORATE PARTNER'S STOCK BY THE CORPORATE PARTNER AS A CIRCUMVENTION OF GENERAL UTILITIES REPEAL Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/15/92 57 FR 59324 NPRM Comment Period End 01/20/93 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Lisa K. Leong Phone: 202 622-7530 RIN: 1545-AP52 _______________________________________________________________________ 2866. USE OF GAAP EARNINGS AS E&P OF FOREIGN CORPORATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/01/92 57 FR 29246 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Margaret A. Hogan Phone: 202 622-3850 RIN: 1545-AQ55 _______________________________________________________________________ 2867. THE TREATMENT OF ACCELERATED DEATH BENEFITS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/15/92 57 FR 59319 NPRM Comment Period End 02/26/93 Hearing 03/19/93 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Ann H. Logan Phone: 202 622-3970 RIN: 1545-AQ70 _______________________________________________________________________ 2868. FOREIGN TRUSTS REGULATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Karen Rennie Quarrie Phone: 202 622-3880 RIN: 1545-AR25 _______________________________________________________________________ 2869. TREATMENT OF DUAL CONSOLIDATED LOSSES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Agency Contact: Kenneth D. Allison Phone: 202 622-3860 RIN: 1545-AR26 _______________________________________________________________________ 2870. ALLOCATION OF ACCRUED BENEFITS BETWEEN EMPLOYER AND EMPLOYEE CONTRIBUTIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/22/95 60 FR 66532 NPRM Comment Period End 03/21/96 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Janet A. Laufer Phone: 202 622-6090 Fax: 202 622-4084 RIN: 1545-AT82 _______________________________________________________________________ 2871. FOREIGN CORPORATIONS REGULATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/08/96 61 FR 9377 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Kenneth P. Christman Phone: 202 622-3870 RIN: 1545-AT96 _______________________________________________________________________ 2872. TREATMENT OF OBLIGATION-SHIFTING TRANSACTIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/27/96 61 FR 68175 NPRM Comment Period End 04/08/97 Final Action 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Christina A. Morrison Phone: 202 622-3950 RIN: 1545-AU19 _______________________________________________________________________ 2873. APPLICATION OF GRANTOR TRUST RULES TO NONEXEMPT EMPLOYEES' TRUST Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 09/27/96 61 FR 50778 NPRM Comment Period End 12/26/96 Hearing 01/15/97 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No [[Page 75097]] Government Levels Affected: None Agency Contact: M. Grace Fleeman Phone: 202 622-3880 Linda S.F. Marshall Phone: 202 622-6090 James A. Quinn Phone: 202 622-3070 RIN: 1545-AU29 _______________________________________________________________________ 2874. RECOMPUTATION OF LIFE INSURANCE RESERVES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/02/97 62 FR 71 Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Agency Contact: Mark S. Smith Phone: 202 622-3970 RIN: 1545-AU49 _______________________________________________________________________ 2875. SOURCE RULES FOR PAYMENTS MADE PURSUANT TO CERTAIN SWAP ARRANGEMENTS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Paul S. Epstein Phone: 202 622-3870 RIN: 1545-AU89 _______________________________________________________________________ 2876. APPLICATION OF ATTRIBUTION RULES TO FOREIGN TRUSTS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Agency Contact: W. Edward Williams Phone: 202 622-3880 RIN: 1545-AU91 _______________________________________________________________________ 2877. FASIT--START-UP/OPERATIONAL/TRANSITION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301; 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ ANPRM 11/04/96 61 FR 56648 ANPRM Comment Period End 12/31/96 NPRM 02/07/00 65 FR 5807 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Courtney Shepardson Phone: 202 622-3930 RIN: 1545-AU94 _______________________________________________________________________ 2878. ELECTRONIC TRANSMISSION OF WITHHOLDING CERTIFICATES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/14/97 62 FR 53504 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Carl M. Cooper Phone: 202 622-3840 RIN: 1545-AV27 _______________________________________________________________________ 2879. REMOVAL OF TEMPORARY REGULATIONS THAT PROVIDE RULES FOR SUBSTANTIATING TRAVEL EXPENSE DEDUCTIONS FOR MEMBERS OF CONGRESS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 5 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Edwin B. Cleverdon Phone: 202 622-7900 RIN: 1545-AV55 _______________________________________________________________________ 2880. FOREIGN TAX CREDIT ANTI-ABUSE REGULATION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Bethany Ingwalson Phone: 202 622-3850 RIN: 1545-AV97 _______________________________________________________________________ 2881. STOCKS AND SECURITIES SAFE HARBOR EXCEPTION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/12/98 63 FR 32164 Hearing 09/09/98 NPRM Comment Period End 09/10/98 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Paul S. Epstein Phone: 202 622-3870 RIN: 1545-AW13 _______________________________________________________________________ 2882. TRANSPORTATION OF PERSONS AND PROPERTY BY AIR Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 49 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No [[Page 75098]] Small Entities Affected: No Government Levels Affected: None Agency Contact: Patrick S. Kirwan Phone: 202 622-3130 RIN: 1545-AW19 _______________________________________________________________________ 2883. CONTINGENT DEBT INSTRUMENT Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Milton M. Cahn Phone: 202 622-3870 RIN: 1545-AW33 _______________________________________________________________________ 2884. SOURCE OF INCOME FROM CERTAIN SPACE AND OCEAN ACTIVITIES AND FOR COMMUNICATIONS INCOME Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/17/01 66 FR 3903 Hearing 05/23/01 66 FR 12916 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Edward R. Barret Phone: 202 874-1490 RIN: 1545-AW50 _______________________________________________________________________ 2885. GUIDANCE UNDER SUBPART F RELATING TO CERTAIN HYBRID TRANSACTIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/13/99 64 FR 37727 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Valerie A. Mark-Lippe Phone: 202 622-3840 RIN: 1545-AW63 _______________________________________________________________________ 2886. EDUCATION CREDITS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/06/99 64 FR 794 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Donna J. Welch Phone: 202 622-4910 Fax: 202 927-9248 RIN: 1545-AW65 _______________________________________________________________________ 2887. CERTAIN ASSET TRANSFERS TO REGULATED INVESTMENT COMPANIES (RICS) AND REAL ESTATE INVESTMENT TRUSTS (REITS) Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/03/00 65 FR 5805 Comment Period Ends 04/19/00 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Agency Contact: Jennifer D. Sledge Phone: 202 622-7750 RIN: 1545-AW92 _______________________________________________________________________ 2888. RULES FOR SOURCING CERTAIN TRANSPORTATION INCOME, SPACE OR OCEAN ACTIVITY INCOME, AND RELATED FOREIGN BASE COMPANY SHIPPING INCOME Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Agency Contact: Patricia A. Bray Phone: 202 622-3880 RIN: 1545-AX02 _______________________________________________________________________ 2889. DEFINITION OF ACCOUNTING METHOD Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jeffery G. Mitchell Phone: 202 622-4970 RIN: 1545-AX21 _______________________________________________________________________ 2890. GUARANTEED INVESTMENT CONTRACTS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 08/27/99 64 FR 46876 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: State, Local Agency Contact: Rose M. Weber Phone: 202 622-3980 Fax: 202 622-4437 RIN: 1545-AX22 _______________________________________________________________________ 2891. CHANGES IN ENTITY CLASSIFICATION: SPECIAL RULE FOR CERTAIN FOREIGN ELIGIBLE ENTITIES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301 [[Page 75099]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/29/99 64 FR 66591 Public Hearing 01/31/00 NPRM Comment Period End 02/28/00 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Aaron A. Farmer Phone: 202 622-3860 RIN: 1545-AX39 _______________________________________________________________________ 2892. DEFINITION OF PRIVATE ACTIVITY BOND--REFUNDING REGULATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/30/94 59 FR 67658 NPRM Comment Period End 05/01/95 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Bruce M. Serchuk Phone: 202 622-3980 Fax: 202 622-4437 RIN: 1545-AX55 _______________________________________________________________________ 2893. ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE AND CERTAIN OTHER EXPENSES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 02/05/90 55 FR 3750 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: David F. Bergkuist Phone: 202 622-3850 RIN: 1545-AX72 _______________________________________________________________________ 2894. DEFINITION OF PASSIVE FOREIGN INVESTMENT COMPANY UNDER SECTION 1297 Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Alexandra R. Helou Phone: 202 622-3840 RIN: 1545-AX78 _______________________________________________________________________ 2895. HIPAA PORTABILITY Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 54 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/08/97 62 FR 16977 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Russell Weinheimer Phone: 202 622-6080 RIN: 1545-AX84 _______________________________________________________________________ 2896. APPLICATION OF SEPARATE FOREIGN TAX CREDIT LIMITATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/03/01 66 FR 319 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Bethany Ingwalson Phone: 202 622-3850 RIN: 1545-AX88 _______________________________________________________________________ 2897. CLARIFICATION OF FOREIGN-BASED COMPANY SALES INCOME RULES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Valerie A. Mark-Lippe Phone: 202 622-3840 RIN: 1545-AX91 _______________________________________________________________________ 2898. CAPITALIZATION OF INTEREST AND CARRYING CHARGES PROPERLY ALLOCABLE TO STRADDLES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/18/01 66 FR 4746 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Mary Truchly Phone: 202 622-3960 RIN: 1545-AX92 _______________________________________________________________________ 2899. DEFINITION OF DIESEL FUEL Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 48 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 05/16/02 67 FR 34882 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Frank K. Boland Phone: 202 622-3130 RIN: 1545-AX97 _______________________________________________________________________ 2900. GUIDANCE NECESSARY TO FACILITATE ELECTRONIC TAX ADMINISTRATION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 301 [[Page 75100]] Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/24/02 67 FR 20072 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Sara P. Shepherd Phone: 202 622-4960 Related RIN: Related To 1545-AY56 RIN: 1545-AY04 _______________________________________________________________________ 2901. ACTIVE CONDUCT OF AN INSURANCE BUSINESS UNDER PFIC RULES Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Agency Contact: Mark R. Pollard Phone: 202 622-3850 RIN: 1545-AY20 _______________________________________________________________________ 2902. DISALLOWANCE OF DEDUCTIONS AND CREDITS FOR FAILURE TO FILE TIMELY RETURN Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/29/02 67 FR 4217 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Agency Contact: Nina E. Chowhdry Phone: 202 622-3880 RIN: 1545-AY26 _______________________________________________________________________ 2903. WITHHOLDING TAX ON FOREIGN PARTNERS' SHARE OF EFFECTIVELY CONNECTED INCOME Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: Businesses Government Levels Affected: Undetermined Federalism: Undetermined Agency Contact: David J. Sotos Phone: 202 622-3050 RIN: 1545-AY28 _______________________________________________________________________ 2904. INFORMATION REPORTING ON CANCELLATION OF INDEBTEDNESS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/13/02 67 FR 40629 Public Hearing 10/08/02 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Joseph Dewald Phone: 202 622-4910 RIN: 1545-AY35 _______________________________________________________________________ 2905. SPECIAL RULES RELATING TO TRANSFERS OF INTANGIBLES TO FOREIGN CORPORATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Agency Contact: Thomas D. Beem Phone: 202 622-3860 RIN: 1545-AY41 _______________________________________________________________________ 2906. SPECIAL RULES FOR S CORPORATIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301; 26 CFR 601 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Federalism: Undetermined Agency Contact: David A. Juster Phone: 202 622-3850 Related RIN: Split From 1545-AP35, Related To 1545-AS88 RIN: 1545-AY44 _______________________________________________________________________ 2907. ELECTION--ASSETS ACQUISITIONS OF INSURANCE COMPANIES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/08/02 67 FR 10640 Public Hearing 09/18/02 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Mark Weiss Phone: 202 622-7790 Gary E. Geisler Phone: 202 622-3970 RIN: 1545-AY49 _______________________________________________________________________ 2908. PREVIOUSLY TAXED EARNINGS AND PROFITS UNDER SUBPART F Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined [[Page 75101]] Federalism: Undetermined Agency Contact: Jonathan A. Sambur Phone: 202 622-3840 RIN: 1545-AY54 _______________________________________________________________________ 2909. TREATMENT OF COMMUNITY INCOME FOR CERTAIN INDIVIDUALS NOT FILING JOINT RETURNS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/22/02 67 FR 2841 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Robin M. Tuczak Phone: 202 622-4940 RIN: 1545-AY83 _______________________________________________________________________ 2910. CHARITABLE LEAD INTEREST Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 07/23/02 67 FR 48070 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Agency Contact: Susan B. Hurwitz Phone: 202 622-3090 RIN: 1545-AY86 _______________________________________________________________________ 2911. TRANSITIONAL RELIEF FOR QUALIFIED INTERMEDIARIES Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Agency Contact: Laurie M. Hatten-Boyd Phone: 202 622-3840 RIN: 1545-AY92 _______________________________________________________________________ 2912. PROCUREMENT/PURCHASING CARD REPORTING Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined Agency Contact: Donna J. Welch Phone: 202 622-4910 Fax: 202 927-9248 RIN: 1545-BA17 _______________________________________________________________________ 2913. APPLICATION OF THE FEDERAL INSURANCE CONTRIBUTIONS ACT, FEDERAL UNEMPLOYMENT TAX ACT AND COLLECTION OF INCOME TAX AT SOURCE TO STATUTORY STOCK OPTIONS Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. CFR Citation: 26 CFR 31 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 11/13/01 66 FR 57023 Public Hearing 05/14/02 67 FR 5076 Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Stephen B. Tackney Phone: 202 622-6040 RIN: 1545-BA26 _______________________________________________________________________ 2914. TRANSFERS OF C CORPORATION PROPERTY TO RICS OR REITS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 01/02/02 67 FR 48 Comment Period End 04/20/02 Public Hearing 05/01/02 67 FR 1672 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: Federal Agency Contact: Jennifer D. Sledge Phone: 202 622-7750 RIN: 1545-BA36 _______________________________________________________________________ 2915. TREATMENT OF CERTAIN OBLIGATION-SHIFTING TRANSACTIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Jeffrey L. Vinnik Phone: 202 622-3840 RIN: 1545-BA41 _______________________________________________________________________ 2916. INFORMATION REPORTING FOR QUALIFIED TUITION AND RELATED EXPENSES; MAGNETIC MEDIA FILING REQUIREMENTS FOR INFORMATION RETURNS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 301 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/29/02 67 FR 20923 Final Action 12/00/03 Regulatory Flexibility Analysis Required: Yes Small Entities Affected: Businesses Government Levels Affected: None Agency Contact: Donna J. Welch Phone: 202 622-4910 Fax: 202 927-9248 RIN: 1545-BA43 [[Page 75102]] _______________________________________________________________________ 2917. COMPENSATORY STOCK OPTIONS UNDER SECTION 482 Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined. CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Douglas L. Giblen Phone: 202 874-1490 RIN: 1545-BA57 _______________________________________________________________________ 2918. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 04/17/02 67 FR 18834 Final Action 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Cathy A. Vohs Phone: 202 622-6090 Related RIN: Related To 1545-AY69, Related To 1545-AY70 RIN: 1545-BA60 _______________________________________________________________________ 2919. [bull] CIRCULAR 230--TAX SHELTER AMENDMENTS Priority: Substantive, Nonsignificant Legal Authority: 31 USC 330 CFR Citation: 31 CFR 10 Legal Deadline: None Abstract: These regulations propose amendments to the standards for tax opinions related to tax shelters. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-122379-02 Drafting attorney: Brinton T. Warren (202) 622-4940 Reviewing attorney: Richard S. Goldstein (202) 622-7820 Treasury attorney: Julian Kim (202) 622-1981 CC:P&A:APJP Agency Contact: Brinton T. Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BA70 _______________________________________________________________________ 2920. [bull] FOREIGN CORPORATIONS--TREATMENT OF DISTRIBUTIONS OR LIQUIDATIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will revise section 367(e) of the Internal Revenue Code, relating to the treatment of distributions described in section 355 or liquidations under 332. Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: Reg-127380-02 Drafting attorney: Aaron A. Farmer (202) 622-3860 Reviewing attorney: Charles P. Besecky (202) 622-3860 CC:INTL Agency Contact: Aaron A. Farmer, Senior Counsel, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3860 RIN: 1545-BA79 _______________________________________________________________________ 2921. [bull] ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE Priority: Substantive, Nonsignificant Legal Authority: 26 USC 864; 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance with respect to methods of apportioning interest expense under section 864(e). Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-129447-01 Drafting attorney: Melissa D. Arndt (202) 622-3850 Reviewing attorney: Anne Devereaux (202) 622-3850 Treasury attorney: Michael Caballero (202) 622-0851 CC:INTL Agency Contact: Melissa D. Arndt, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 Related RIN: Related To 1545-BA02 RIN: 1545-BA92 _______________________________________________________________________ 2922. [bull] EARNINGS AND PROFITS ATTRIBUTION PRINCIPLES Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will address the manner in which earnings and profits are attributed to shares under sections 1248 and 367. Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: Undetermined Federalism: Undetermined Additional Information: REG-135866-02 Drafting attorney: Mark R. Pollard (202) 622-3850 Reviewing attorney: Richard L. Chewning (202) 622-3850 CC:INTL Agency Contact: Mark R. Pollard, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, [[Page 75103]] 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 RIN: 1545-BA93 _______________________________________________________________________ 2923. [bull] GUIDANCE TO FACILITATE ELECTRONIC TAX ADMINISTRATION Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will facilitate electronic tax administration. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-137243-02 Drafting attorney: Brinton T. Warren (202) 622-4940 Reviewing attorney: Judith Wall (202) 622-4940 Treasury attorney: Elizabeth Askey (202) 622-0224 CC:PA&APJP Agency Contact: Brinton T. Warren, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4940 RIN: 1545-BA96 _______________________________________________________________________ 2924. [bull] DISCLOSURE OF REPORTABLE TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation provides guidance under section 6011 regarding disclosure of reportable transactions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138618-02 Drafting attorney: Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3070 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 RIN: 1545-BB07 _______________________________________________________________________ 2925. [bull] REGISTRATION OF REPORTABLE TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6111 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation provides guidance under section 6111 regarding the registration of reportable transactions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138621-02 Drafting attorney: Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3070 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 RIN: 1545-BB08 _______________________________________________________________________ 2926. [bull] LIST MAINTENANCE REQUIREMENT FOR REPORTABLE TRANSACTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 6112 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: This regulation provides guidance under section 6112 regarding the maintenance and furnishing of lists of investors in reportable transactions. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-138624-02 Drafting attorney: Tara P. Volungis (202) 622-3080 Reviewing attorney: Christine Ellison (202) 622-3070 Treasury attorney: Julian Kim (202) 622-1981 CC:P&SI Agency Contact: Tara P. Volungis, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3080 RIN: 1545-BB09 _______________________________________________________________________ 2927. [bull] AUTHORIZATION FOR IRS TO CHARGE FEES FOR COPYING EXEMPT ORGANIZATION RETURNS Priority: Info./Admin./Other Legal Authority: 26 USC 6104 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: The proposed regulation provides authorization for Internal Revenue Service to charge fees for copying Exempt Organization returns. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None [[Page 75104]] Additional Information: REG-142538-02 Drafting attorney: Sarah Tate (202) 622-4590 Reviewing attorney: Lynnette Platt (202) 622-4590 CC:P&A:DP&L Agency Contact: Sarah Tate, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4590 Related RIN: Related To 1545-BB22 RIN: 1545-BB21 _______________________________________________________________________ 2928. [bull] AUTHORIZATION FOR IRS TO CHARGE FEES FOR COPYING EXEMPT ORGANIZATIONS RETURNS (TEMPORARY) Priority: Info./Admin./Other Legal Authority: 26 USC 6104 CFR Citation: 26 CFR 301 Legal Deadline: None Abstract: The temporary regulation provides authorization for Internal Revenue Service to charge fees for copying Exempt Organization returns. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Temporary Regulation 12/00/04 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-142538-02 Drafting attorney: Sarah Tate (202) 622-4590 Reviewing attorney: Lynnette Platt (202) 622-4590 CC:P&A:DP&L Agency Contact: Sarah Tate, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4590 Related RIN: Related To 1545-BB21 RIN: 1545-BB22 _______________________________________________________________________ 2929. [bull] STRUCTURED SETTLEMENT FACTORING TRANSACTIONS (TEMPORARY) Priority: Substantive, Nonsignificant Legal Authority: 26 USC 115 CFR Citation: 26 CFR 1; 26 CFR 602 Legal Deadline: None Abstract: These regulations relate to section 5891 of Internal Revenue Code. Section 5891 imposes a 40 percent excise tax upon any person who acquires structured settlement payment rights in a structured settlement factoring transaction. These regulations provide the manner and method of reporting and paying the excise tax. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Temporary Regulations 12/00/03 Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: No Government Levels Affected: None Additional Information: REG-139768-02 Drafting attorney: Shareen S. Pflanz (202) 622-4920 Reviewing attorney: Charles Strickland (202) 622-4960 CC:IT&A Agency Contact: Shareen S. Pflanz, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-4920 Related RIN: Related To 1545-BB14 RIN: 1545-BB24 _______________________________________________________________________ 2930. [bull] ACCRUAL RULES FOR CREDITABLE FOREIGN TAXES AND GUIDANCE ON CHANGE IN TAXABLE YEAR Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These proposed regulations will clarify the rules for determining when a creditable foreign tax accrues and may be claimed as a credit, and will provide guidance for determining the allowable foreign tax credit upon a change in the U.S. taxable year. Timetable: Next Action Undetermined Regulatory Flexibility Analysis Required: Undetermined Small Entities Affected: Businesses Government Levels Affected: None Additional Information: REG-144597-02 Drafting attorney: Margaret A. Hogan (202) 622-3850 Reviewing attorney: Barbara A. Felker (202) 622-3850 CC:INTL Agency Contact: Margaret A. Hogan, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-3850 RIN: 1545-BB27 _______________________________________________________________________ 2931. [bull] TREATMENT OF SERVICES UNDER SECTION 482 Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 482 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These proposed regulations would provide additional guidance under section 482 regarding services. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 12/00/03 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Additional Information: REG-146893-02 Drafting attorney: Douglas L. Giblen (202) 874-1490 Reviewing attorney: John M. Breen (202) 874-1490 Treasury attorney: Rocco Femia (202) 622-1755 CC:INTL Agency Contact: Douglas L. Giblen, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 950 L'Enfant Plaza SW, Washington, DC 20024 Phone: 202 874-1490 RIN: 1545-BB31 [[Page 75105]] _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions Internal Revenue Service (IRS) _______________________________________________________________________ 2932. ELECTING SMALL BUSINESS TRUST Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 602 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8994 05/14/02 67 FR 34388 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: James A. Quinn Phone: 202 622-3070 Bradford R. Poston Phone: 202 622-3060 RIN: 1545-AU76 _______________________________________________________________________ 2933. REQUIRED DISTRIBUTIONS FROM QUALIFIED PLANS AND INDIVIDUAL RETIREMENT PLANS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8987 04/17/02 67 FR 18988 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Cathy A. Vohs Phone: 202 622-6090 Related RIN: Related To 1545-AY69, Related To 1545-AY70 RIN: 1545-AV82 _______________________________________________________________________ 2934. MIDDLEMAN REGULATION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9010 07/26/02 67 FR 48754 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Nancy L. Rose Phone: 202 622-4910 RIN: 1545-AW48 _______________________________________________________________________ 2935. RELIEF FROM JOINT AND SEVERAL LIABILITY ON JOINT RETURN Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9003 07/18/02 67 FR 47278 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Charles A. Hall Phone: 202 622-4940 RIN: 1545-AW64 _______________________________________________________________________ 2936. INFORMATION REPORTING FOR PAYMENTS OF INTEREST ON EDUCATION LOANS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 301 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8992 04/29/02 67 FR 37671 Regulatory Flexibility Analysis Required: Yes Government Levels Affected: None Agency Contact: Donna J. Welch Phone: 202 622-4910 Fax: 202 927-9248 RIN: 1545-AW67 _______________________________________________________________________ 2937. MODIFICATIONS AND ADDITIONS TO THE UNIFIED PARTNERSHIP AUDIT PROCEDURES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8965 10/04/01 66 FR 50541 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Horace Howells Phone: 202 622-3050 RIN: 1545-AW86 _______________________________________________________________________ 2938. COMPROMISES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9007 07/23/02 67 FR 48025 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Frederick W. Schindler Phone: 202 622-3620 RIN: 1545-AW88 _______________________________________________________________________ 2939. TRANSFER OF REMIC RESIDUAL INTEREST Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9004 07/19/02 67 FR 47451 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Courtney Shepardson Phone: 202 622-3930 RIN: 1545-AW98 _______________________________________________________________________ 2940. CHANGE OF ANNUAL ACCOUNTING PERIOD Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8996 05/17/02 67 FR 35009 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Michael F. Schmit Phone: 202 622-4960 RIN: 1545-AX15 _______________________________________________________________________ 2941. AGENT FOR THE CONSOLIDATED GROUP Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 602 [[Page 75106]] Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9002 06/28/02 67 FR 43538 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: George Robert Johnson Phone: 202 622-7930 Fax: 202 622-6889 RIN: 1545-AX56 _______________________________________________________________________ 2942. EQUITY OPTIONS WITH FLEXIBLE TERMS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8990 04/29/02 67 FR 20896 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Pamela Lew Phone: 202 622-3950 Fax: 202 622-5699 RIN: 1545-AX66 _______________________________________________________________________ 2943. CLARIFICATION OF ENTITY CLASSIFICATION RULES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9012 08/01/02 67 FR 49862 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Camille B. Evans Phone: 202 622-3870 RIN: 1545-AX75 _______________________________________________________________________ 2944. DETERMINATION OF BASIS OF PARTNERS' INTEREST; SPECIAL RULES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8986 03/29/02 67 FR 15112 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Barbara MacMillan Phone: 202 622-3050 RIN: 1545-AX94 _______________________________________________________________________ 2945. HEDGING TRANSACTIONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 602 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8985 03/20/02 67 FR 12863 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Elizabeth Handler Phone: 202 622-3940 RIN: 1545-AY02 _______________________________________________________________________ 2946. REGULATIONS GOVERNING PRACTICE BEFORE THE INTERNAL REVENUE SERVICE Priority: Substantive, Nonsignificant CFR Citation: 31 CFR 10 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9011 07/26/02 67 FR 48760 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Brinton T. Warren Phone: 202 622-4940 RIN: 1545-AY05 _______________________________________________________________________ 2947. GUIDANCE FOR IMPOSING TAX LIABILITY ON FOREIGN PERSONS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8999 06/12/02 67 FR 40157 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Karen Rennie Quarrie Phone: 202 622-3880 RIN: 1545-AY13 _______________________________________________________________________ 2948. MID-CONTRACT CHANGE IN TAXPAYER Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 602 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8995 05/15/02 67 FR 34603 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: John M. Aramburu Phone: 202 622-4960 RIN: 1545-AY31 _______________________________________________________________________ 2949. GUIDANCE UNDER SUBPART F RELATING TO PARTNERSHIPS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9008 07/23/02 67 FR 48020 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Jonathan A. Sambur Phone: 202 622-3840 RIN: 1545-AY45 _______________________________________________________________________ 2950. GUIDANCE NECESSARY TO FACILITATE ELECTRONIC TAX ADMINISTRATION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 301 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8989 04/24/02 67 FR 20028 Regulatory Flexibility Analysis Required: No Government Levels Affected: None [[Page 75107]] Agency Contact: Sara P. Shepherd Phone: 202 622-4960 Related RIN: Related To 1545-AY04 RIN: 1545-AY56 _______________________________________________________________________ 2951. INSURANCE COMPANIES--TAX UNDER SUBCHAPTER L Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8993 05/07/02 67 FR 30547 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Patrick E. White Phone: 202 622-3920 RIN: 1545-AY60 _______________________________________________________________________ 2952. FOREIGN PARTNERS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9009 07/23/02 67 FR 48017 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Daniel Carmody Phone: 202 622-3050 RIN: 1545-AY66 _______________________________________________________________________ 2953. NOTICE TO INTERESTED PARTIES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 601 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9006 07/19/02 67 FR 47454 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Pamela R. Kinard Phone: 202 622-6060 RIN: 1545-AY68 _______________________________________________________________________ 2954. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 54 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8987 04/17/02 67 FR 18988 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Cathy A. Vohs Phone: 202 622-6090 Related RIN: Related To 1545-AV82, Related To 1545-AY70 RIN: 1545-AY69 _______________________________________________________________________ 2955. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 54 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8987 04/17/02 67 FR 18988 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Cathy A. Vohs Phone: 202 622-6090 Related RIN: Related To 1545-AY69, Related To 1545-AV82 RIN: 1545-AY70 _______________________________________________________________________ 2956. GUIDANCE UNDER SECTION 355(E); RECOGNITION OF GAIN ON CERTAIN DISTRIBUTIONS OF STOCK OR SECURITIES IN CONNECTION WITH AN AQUISITION Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8988 04/26/02 67 FR 20632 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Amber R. Cook Phone: 202 622-7530 RIN: 1545-BA55 _______________________________________________________________________ 2957. DISCLOSURES OF RETURN INFORMATION TO OFFICERS AND EMPLOYEES OF THE DEPARTMENT OF AGRICULTURE FOR CERTAIN STATISTICAL PURPOSES AND RELATED ACTIVITIES Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 301 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9001 06/19/02 67 FR 41621 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Joseph E. Conley Phone: 202 622-4580 RIN: 1545-BA56 _______________________________________________________________________ 2958. MODIFICATION OF TAX SHELTER RULES III Priority: Substantive, Nonsignificant CFR Citation: 26 CFR 1; 26 CFR 301; 26 CFR 602 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Action Completed by TD 9000 06/18/02 67 FR 41324 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Danielle M. Grimm Phone: 202 622-3080 Tara P. Volungis Phone: 202 622-3080 Related RIN: Related To 1545-AW26, Related To 1545-AX79, Related To 1545-AX81 RIN: 1545-BA62 _______________________________________________________________________ 2959. [bull] TAXATION OF TAX-EXEMPT ORGANIZATION'S INCOME FROM CORPORATE SPONSORSHIP Priority: Routine and Frequent Legal Authority: 26 USC 965 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: These final regulations provide that qualified sponsorship payments are not unrelated business taxable income. A qualified [[Page 75108]] sponsorship payment is defined as a payment of money, a transfer of property, or the performance of services, by any person engaged in a trade or business, where there is no arrangement or expectation that the person will receive an substantial return benefit in exchange for the payment. A substantial return benefit is defined as any benefit other than (1) use or acknowledgement of the payor's name or logo, or (2) certain goods or services that have an insubstantial value. Payments made for naming rights are considered qualified sponsorship payments; however, payments made for exclusive provider rights are not qualified sponsorship payments. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/01/00 65 FR 11012 Final Action Completed by TD 8991 04/25/02 67 FR 20433 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: State, Local, Tribal, Federal Additional Information: REG-209601-92 Drafting attorney: Barbara E. Beckman (202) 622-6080 Reviewing attorney: Stephanie Cohen (202) 622-6080 and Susan Brown (202) 622-0999 CC:TEGE Agency Contact: Barbara E. Beckman, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6080 Related RIN: Related To 1545-AR19 RIN: 1545-BA68 _______________________________________________________________________ 2960. [bull] LOSS LIMITATION RULES--AMENDED Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 337(d) CFR Citation: 26 CFR 1; 26 CFR 602 Legal Deadline: None Abstract: To clarify certain aspects of the temporary regulations relating to the deductibility of losses recognized on dispositions of subsidiary stock by members of a consolidated group. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8998 05/31/02 67 FR 37998 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-123305-02 Drafting attorney: Lola L. Johnson (202) 622-7550 Reviewing attorney: Sean P. Duffley (202) 622-7530 CC:CORP Agency Contact: Lola L. Johnson, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7550 Related RIN: Related To 1545-BA52, Related To 1545-BA51 RIN: 1545-BA74 _______________________________________________________________________ 2961. [bull] CARRYBACK OF CONSOLIDATED NET OPERATING LOSSES TO SEPARATE RETURN YEARS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805; 26 USC 1502 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: This regulation will harmonize the waiver election in section 1.1502-21(b)(3) with the amendments to IRC 172(b) in the Job Creation and Worker Assistance Act of 2002. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Final Action Completed by TD 8997 05/31/02 67 FR 38000 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-122564-02 Drafting and reviewing attorney: Marie Milnes-Vasquez (202) 622-7770 Treasury attorney: Audrey Nacamuli (202) 622-5721 CC:CORP Agency Contact: Marie Milnes-Vasquez, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-7770 Related RIN: Related To 1545-BA73 RIN: 1545-BA76 _______________________________________________________________________ 2962. [bull] REFUND OF MISTAKEN CONTRIBUTIONS Priority: Substantive, Nonsignificant Legal Authority: 26 USC 7805 CFR Citation: 26 CFR 1 Legal Deadline: None Abstract: The final regulations provide guidance relating to the return of employer contributions or withdrawal liability payments from multi- employer plans. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 03/01/83 48 FR 10374 Final Action Completed by TD 9005 07/22/02 67 FR 47692 Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Additional Information: REG-209481-80 Drafting attorney: John T. Ricotta (202) 622-6060 Reviewing attorney: Jerry Holmes (202) 622-6090 Treasury attorney: Harlan Weller (202) 622-1001 CC:TEGE Agency Contact: John T. Ricotta, Attorney-Advisor, Department of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224 Phone: 202 622-6060 RIN: 1545-BA87 BILLING CODE 4830-01-S [[Page 75109]] _______________________________________________________________________ Department of the Treasury (TREAS) Proposed Rule Stage Office of Thrift Supervision (OTS) _______________________________________________________________________ 2963. CAPITAL RULES Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 12 USC 1467a; 12 USC 1835; 12 USC 1848; 12 USC 4808 CFR Citation: 12 CFR 567 Legal Deadline: None Abstract: OTS has underway a number of regulatory amendments to its capital standards for savings associations. These amendments implement section 303 of the Riegle Community Development and Regulatory Improvement Act of 1994 (CDRIA). CDRIA requires the Federal banking agencies to make their capital rules and other rules more uniform. The agencies jointly issued a final rule that treats recourse obligations and direct credit substitutes consistently. The rule also adds new standards for the treatment of residual interests, including a concentration limit for credit-enhancing interest only strips. In addition, the rule varies the risk-based capital requirement for positions in securitized asset transactions according to relative risk exposure. The agencies plan to issue a notice of proposed rulemaking (NPRM) that would introduce the domestic implementation of the New Basel Capital Accord (Basel II). This would include modifications to the current U.S. domestic capital framework, and an introduction to an advanced internal ratings-based (IRB) approach to credit risk. Timetable: ________________________________________________________________________ Claims on Securities Firms NPRM 12/06/00 (65 FR 76180) NPRM Comment Period End 01/22/01 Final Rule 04/09/02 (67 FR 16971) Implementation of a Revised Basel Capital Accord (formerly Modified Domestic Capital Framework) NPRM 06/00/03 Recourse Arrangements and Direct Credit Substitutes/Residuals in Securitizations Recourse ANPRM 05/25/94 (59 FR 27116) Recourse NPRM 05/25/94 (59 FR 27116) Recourse NPRM 11/05/97 (62 FR 59944) Recourse NPRM Correction 11/20/97 (62 FR 62234) Recourse NPRM 03/08/00 (65 FR 12320) Recourse NPRM Comment Period End 06/07/00 Residuals NPRM 09/ 27/00 (65 FR 57993) Residuals NPRM Comment Period End 12/26/ 00 Recourse/Residuals Final Rule 11/29/01 (66 FR 59614) Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Michael D. Solomon, Senior Program Manager for Capital Policy, Supervision Policy, Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-5654 Teresa Scott, Counsel (Banking and Finance), Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-6478 Fax: 202 905-6518 Email: teresa.scott@ots.treas.gov David Riley, Project Manager for Capital Policy, Supervision Policy, Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-6669 RIN: 1550-AB11 _______________________________________________________________________ 2964. FAIR CREDIT REPORTING Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464; 12 USC 1467a; 12 USC 1828; ... CFR Citation: 12 CFR 571 Legal Deadline: Final, Statutory, May 12, 2000. Abstract: OTS and the other Federal banking agencies are developing regulations implementing provisions of the Fair Credit Reporting Act. Subject to certain conditions, these regulations would permit institutions to share ``other information'' with affiliates without becoming consumer reporting agencies (affiliate sharing). The proposed regulations would specify that institutions must provide notice and an opportunity to opt-out to consumers before sharing ``other information'' with their affiliates. The agencies have analyzed the comments received and are now in the process of developing a revised notice of proposed rulemaking. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 10/20/00 65 FR 63120 NPRM Comment Period End 12/04/00 NPRM Update 03/27/01 66 FR 16624 Second NPRM 12/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Cindy Baltierra, Program Analyst, Compliance Policy, Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-6540 Paul Robin, Special Counsel, Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-6648 RIN: 1550-AB33 _______________________________________________________________________ Department of the Treasury (TREAS) Final Rule Stage Office of Thrift Supervision (OTS) _______________________________________________________________________ 2965. RECORDKEEPING AND CONFIRMATION REQUIREMENTS FOR SECURITIES TRANSACTIONS; FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464 CFR Citation: 12 CFR 550; 12 CFR 551 Legal Deadline: None Abstract: OTS issued a proposed rule adopting new recordkeeping and confirmation requirements for securities transactions. This rule would afford thrift customers the same protections and disclosures as bank customers; ensure that OTS examiners will be able to evaluate a thrift's compliance with securities laws and to assess whether thrifts effect securities transactions safely and soundly; and provide savings associations with formal guidance for effecting securities transactions. The proposed rule would [[Page 75110]] amend OTS's regulations governing the fiduciary powers of Federal savings associations to codify recent OTS interpretive letters and make other changes. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM 06/11/02 67 FR 39886 NPRM Comment Period End 08/12/02 Final Rule 11/00/02 Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Federalism: Undetermined Agency Contact: Timothy Leary, Counsel (Banking and Finance), Regulations and Legislation Division, Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-7170 Judi McCormick, Trust Specialist, Supervision Policy, Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-5636 RIN: 1550-AB49 _______________________________________________________________________ 2966. [bull] REGULATORY REPORTING STANDARDS: QUALIFICATIONS FOR INDEPENDENT PUBLIC ACCOUNTS PERFORMING AUDIT SERVICES FOR VOLUNTARY AUDIT FILERS Priority: Substantive, Nonsignificant Legal Authority: 12 USC 1463 CFR Citation: 12 CFR 562 Legal Deadline: None Abstract: The Office of Thrift Supervision (OTS) is adopting an interim final rule that amends its annual independent audit requirements for small, nonpublic, highly rated savings associations that voluntarily obtain independent audits. OTS is eliminating the requirement that the public accountant performing the voluntary audits comply with the independent requirements and interpretations of the Securities and Exchange Commission and its staff. This change will make OTS' requirements more consistent with those of the other Federal banking agencies and will avoid the potential regulatory burden that could otherwise result from other regulatory action. Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Interim Final Rule 11/00/02 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Teresa Scott, Counsel (Banking and Finance), Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-6478 Fax: 202 905-6518 Email: teresa.scott@ots.treas.gov Christine Smith, Project Manager (Supervision Policy), Department of the Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552 Phone: 202 906-5740 RIN: 1550-AB54 _______________________________________________________________________ Department of the Treasury (TREAS) Long-Term Actions Office of Thrift Supervision (OTS) _______________________________________________________________________ 2967. DIRECTORS AND OFFICERS Priority: Substantive, Nonsignificant CFR Citation: 12 CFR 545; 12 CFR 563 Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ NPRM To Be Determined Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Robyn Dennis Phone: 202 906-5751 David A. Permut Phone: 202 906-7505 Karen Osterloh Phone: 202 906-6639 RIN: 1550-AB19 _______________________________________________________________________ 2968. COMMUNITY REINVESTMENT ACT Priority: Substantive, Nonsignificant CFR Citation: 12 CFR 563e Timetable: ________________________________________________________________________ Action Date FR Cite ________________________________________________________________________ Joint ANPRM 07/19/01 66 FR 37602 Joint ANPRM Comment Period End 10/17/01 Joint NPRM To Be Determined Regulatory Flexibility Analysis Required: Undetermined Government Levels Affected: None Agency Contact: Richard Bennett Phone: 202 906-7409 Theresa A. Stark Phone: 202 906-7054 Celeste Anderson Phone: 202 906-7990 RIN: 1550-AB48 [[Page 75111]] _______________________________________________________________________ Department of the Treasury (TREAS) Completed Actions Office of Thrift Supervision (OTS) _______________________________________________________________________ 2969. MUTUAL SAVINGS ASSOCIATIONS, MUTUAL HOLDING COMPANY REORGANIZATIONS, AND CONVERSIONS Priority: Substantive, Nonsignificant CFR Citation: 12 CFR 563b; 12 CFR 575 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Second NPRM 04/09/02 67 FR 17228 Second NPRM Comment Period End 05/09/02 Final Rule 08/09/02 67 FR 52010 Regulatory Flexibility Analysis Required: Yes Government Levels Affected: None Agency Contact: Mary Jo Johnson Phone: 202 906-5739 David A. Permut Phone: 202 906-7505 RIN: 1550-AB24 _______________________________________________________________________ 2970. CAPITAL: QUALIFYING MORTGAGE LOAN, INTEREST RATE RISK COMPONENT, AND MISCELLANEOUS CHANGES Priority: Substantive, Nonsignificant CFR Citation: 12 CFR 567 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ Final Rule 05/10/02 67 FR 31722 Regulatory Flexibility Analysis Required: No Government Levels Affected: None Agency Contact: Teresa Scott Phone: 202 906-6478 Fax: 202 905-6518 Email: teresa.scott@ots.treas.gov David Riley Phone: 202 906-6669 Michael D. Solomon Phone: 202 906-5654 RIN: 1550-AB45 _______________________________________________________________________ 2971. ALTERNATIVE MORTGAGE TRANSACTION PARITY ACT; PREEMPTION Priority: Substantive, Nonsignificant CFR Citation: 12 CFR 560 Completed: ________________________________________________________________________ Reason Date FR Cite ________________________________________________________________________ NPRM 04/25/02 67 FR 20468 Final Rule 09/26/02 67 FR 60542 Regulatory Flexibility Analysis Required: No Government Levels Affected: State Federalism: This action may have federalism implications as defined in EO 13132. Agency Contact: Theresa A. Stark Phone: 202 906-7054 Karen Osterloh Phone: 202 906-6639 RIN: 1550-AB51 BILLING CODE 6720-01-S [FR Doc. 02-26339 Filed 12-06-02; 8:45 am]