[Federal Register Volume 67, Number 158 (Thursday, August 15, 2002)]
[Proposed Rules]
[Pages 53327-53328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-20759]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-248110-96]
RIN 1545-AY48


Guidance Under Section 817A Regarding Modified Guaranteed 
Contracts; 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 cancels the public hearing on proposed 
regulations that affects insurance companies that define the interest 
rate to be used with respect to certain insurance contracts that 
guarantee higher returns for an initial, temporary period.

DATES: The public hearing originally scheduled for Tuesday, August 27, 
2002, at 10 a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: LaNita Van Dyke of the Regulations 
Unit, Associate Chief Counsel (Income Tax and Accounting), (202) 622-
7190 (not a toll-free number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice 
of public hearing that appeared in the Federal Register on Monday, June 
03, 2002 (67 FR 38214), announced that a public hearing was scheduled 
for Tuesday, August 27, 2002, at 10 a.m., in room 4718, Internal 
Revenue Building, 1111 Constitution Avenue, NW., Washington, DC. The 
subject of the public hearing is proposed regulations under section 817 
of the Internal Revenue Code. The public comment period for these 
proposed regulations expired on Tuesday, August 6, 2002.
    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 Monday, August 12, 2002, no one has requested to speak. 
Therefore, the public hearing scheduled

[[Page 53328]]

for Tuesday, August 27, 2002, is cancelled.

Cynthia E. Grigsby,
Chief, Regulations Unit, Associate Chief Counsel (Income Tax and 
Accounting).
[FR Doc. 02-20759 Filed 8-14-02; 8:45 am]
BILLING CODE 4830-01-P