[Federal Register Volume 66, Number 94 (Tuesday, May 15, 2001)]
[Proposed Rules]
[Page 26823]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-12222]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-105801-00]
RIN 1545-AX92


Capitalization of Interest and Carrying Charges Properly 
Allocated to Straddles; Hearing Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of notice of public hearing on proposed 
rulemaking.

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SUMMARY: This document provides notice of cancellation of a public 
hearing on proposed regulations that clarify the application of the 
straddle rules to a variety of financial instruments.

DATES: The public hearing originally scheduled for May 22, 2001, at 10 
a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Treena Garrett of the Regulations 
Unit, Office of Special Counsel (Modernization & Strategic Planning), 
(202) 622-7180 (not a toll-free number).

SUPPLEMENTARY INFORMATION:
    A notice of proposed rulemaking and notice of public hearing that 
appeared in the Federal Register on Thursday, January 18, 2001, (66 FR 
4746), announced that a public hearing was scheduled for Tuesday, May 
22, 2001, at 10 a.m., in the Auditorium, Internal Revenue Service 
Building, 1111 Constitution Avenue, NW., Washington, DC. The subject of 
the public hearing is proposed regulations under sections 1092 and 
263(g) of the Internal Revenue Code. The public comment period for 
these proposed regulations expired on May 1, 2001.
    The notice of proposed rulemaking and notice of public hearing, 
instructed those interested in testifying at the public hearing to 
submit a request to speak and an outline of the topics to be addressed. 
As of Tuesday, May 8, 2001, no one has requested to speak. Therefore, 
the public hearing scheduled for Tuesday, May 22, 2001, is cancelled.

Cynthia E. Grigsby,
Chief, Regulations Unit, Office of Special Counsel (Modernization and 
Strategic Planning).
[FR Doc. 01-12222 Filed 5-14-01; 8:45 am]
BILLING CODE 4830-01-P