[Federal Register Volume 65, Number 134 (Wednesday, July 12, 2000)]
[Proposed Rules]
[Page 42900]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-17643]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-103115-00]
RIN 1545-AX90


Bad Debt Reserves of Thrift Institutions

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Withdrawal of proposed regulations.

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SUMMARY: This document withdraws proposed regulations amending the 
income tax regulations. This action is taken to remove from the IRS' 
inventory of regulations projects certain proposed regulations that 
will not be published in final form because under a subsequent 
amendment the underlying statute does not apply to taxable years 
beginning after December 31, 1995.

DATES: These proposed regulations are withdrawn July 12, 2000.

FOR FURTHER INFORMATION CONTACT: Craig Wojay, of the Office of 
Assistant Chief Counsel, Financial Institutions and Products, Internal 
Revenue Service, 1111 Constitution Ave., NW., Washington, DC 20224. 
Telephone (202) 622-3920, (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    This document withdraws certain proposed regulations previously 
published in the Federal Register by the IRS. These proposed 
regulations, Secs. 1.593-12, 1.593-13, and 1.593-14, are being 
withdrawn because under a subsequent amendment the underlying statute, 
section 593, does not apply to subsections (a), (b), (c), and (d) to 
taxable years beginning after December 31, 1995.

Drafting Information

    The principal author of this withdrawal notice is Craig Wojay, 
Office of the Assistant Chief Counsel (Financial Institutions and 
Products) within the Office of the Chief Counsel, IRS. However, other 
personnel from the IRS and the Treasury Department participated in 
developing the withdrawal notice.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Withdrawal of Proposed Amendments to the Regulations

    Accordingly, under the authority of 26 U.S.C. 7805, the proposed 
rulemaking that was published in the Federal Register on Monday, 
January 13, 1992 (57 FR 1232) is withdrawn.

Robert Wenzel,
Deputy Commissioner of Internal Revenue.
[FR Doc. 00-17643 Filed 7-11-00; 8:45 am]
BILLING CODE 4830-01-U