[Federal Register Volume 63, Number 32 (Wednesday, February 18, 1998)] [Proposed Rules] [Page 8154] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-3927] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG-209476-82] RIN 1545-AE41 Loans to Plan Participants; Correction AGENCY: Internal Revenue Service, Treasury. ACTION: Correction to a notice of proposed rulemaking. ----------------------------------------------------------------------- SUMMARY: This document contains corrections to the notice of proposed rulemaking (REG-209476-82), which was published in the Federal Register Friday, January 2, 1998 (63 FR 42), relating to loans made from a qualified employer plan to plan participants or beneficiaries. FOR FURTHER INFORMATION CONTACT: Vernon Carter (202) 622-6070 (not a toll-free number). SUPPLEMENTARY INFORMATION: Background The notice of proposed rulemaking that is the subject of these corrections is under sections 72(p) of the Internal Revenue Code. Need for Correction As published, REG-209476-82 contains errors which may prove to be misleading and are in need of clarification. Correction of Publication Accordingly, the publication of the notice of proposed rulemaking (REG-209476-82), which was the subject of FR Doc. 97-33983, is corrected as follows: 1. On page 43, column 2, in the preamble under the paragraph heading ``Explanation of Provisions'', the first full paragraph in the column, line 18, the language ``However, a special rule applies if a plan'' is corrected to read ``In addition, a special rule applies if a plan''. 2. On page 43, column 2, in the preamble under the paragraph heading ``Explanation of Provisions'', the first full paragraph in the column, line 26, the language ``increase in basis thereafter is less than'' is corrected to read ``increase in basis thereafter (e.g., from after-tax contribution) is less than''. Cynthia E. Grigsby, Chief, Regulations Unit, Assistant Chief Counsel (Corporate). [FR Doc. 98-3927 Filed 2-17-98; 8:45 am] BILLING CODE 4830-01-U