[Federal Register Volume 66, Number 94 (Tuesday, May 15, 2001)]
[Proposed Rules]
[Page 26824]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-12221]



[[Page 26824]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 53 and 301

[REG-246256-96]
RIN 1545-AY65


Failure by Certain Charitable Organizations To Meet Certain 
Qualification Requirements; Taxes on Excess Benefit Transactions; 
Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on proposed rulemaking.

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SUMMARY: This document contains a notice of public hearing on proposed 
regulations relating to charitable organizations to meet certain 
qualification requirements and taxes on excess benefit transactions.

DATES: The public hearing is being held on July 31, 2001, at 10 a.m. 
The IRS must receive outlines of topics to be discussed at the hearing 
by July 10, 2001.

ADDRESSES: The public hearing is being held in the auditorium, room 
7218, Internal Revenue Building, 1111 Constitution Avenue NW., 
Washington, DC. Due to building security procedures, visitors must 
enter at the 10th Street entrance, located between Constitution and 
Pennsylvania Avenues, NW. In addition, all visitors must present photo 
identification to enter the building.
    Mail outlines to: Regulations Unit CC (REG-246256-96), room 5226, 
Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, 
DC 20044. Hand deliver outlines Monday through Friday between the hours 
of 8 a.m. and 5 p.m. to: Regulations Unit CC (REG-246256-96), Courier's 
Desk, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC. Submit electronic outlines of oral comments directly to 
the IRS Internet site at http://www.irs.gov/tax_regs/regslist.html.

FOR FURTHER INFORMATION CONTACT: Concerning submissions of comments, 
the hearing, and/or to be placed on the building access list to attend 
the hearing, Guy R. Traynor of the Regulations Unit, (202) 622-7180 
(not a toll-free number).

SUPPLEMENTARY INFORMATION: The subject of the public hearing is the 
notice of proposed regulations (REG-246256-96) that was published in 
the Federal Register on Wednesday, January 10, 2001 (66 FR 2173).
    The rules of 26 CFR 601.601(a)(3) apply to the hearing.
    Persons who have submitted written comments and wish to present 
oral comments at the hearing must submit an outline of the topics to be 
discussed and the amount of time to be devoted to each topic (signed 
original and eight (8) copies) by July 10, 2001.
    A period of 10 minutes is allotted to each person for presenting 
oral comments.
    After the deadline for receiving outlines has passed, the IRS will 
prepare an agenda containing the schedule of speakers. Copies of the 
agenda will be made available, free of charge, at the hearing.
    Because of access restrictions, the IRS will not admit visitors 
beyond the immediate entrance area more than 15 minutes before the 
hearing starts. For information about having your name placed on the 
building access list to attend the hearing, see the FOR FURTHER 
INFORMATION CONTACT section of this document.

Cynthia E. Grigsby,
Chief, Regulations Unit, Office of Special Counsel (Modernization & 
Strategic Planning).
[FR Doc. 01-12221 Filed 5-14-01; 8:45 am]
BILLING CODE 4830-01-M