[Federal Register Volume 67, Number 216 (Thursday, November 7, 2002)]
[Proposed Rules]
[Pages 67802-67803]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-28401]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 31

[REG-209116-89]
RIN 1545-AN40


Requirement of Making Quarterly Payments of the Railroad 
Unemployment Repayment Tax

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Withdrawal of notice of proposed rulemaking.

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SUMMARY: This document withdraws the notice of proposed rulemaking 
relating to the time and manner of making payments of the railroad 
unemployment repayment tax. The proposed regulations were published in 
the Federal Register on May 13, 1993. The railroad unemployment 
repayment tax provisions are no longer operative; therefore, these 
proposed regulations are obsolete.

FOR FURTHER INFORMATION CONTACT: Kyle Finizio at (202) 622-6040 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    On May 13, 1993, the IRS published a notice of proposed rulemaking 
(EE-79-89) in the Federal Register (58 FR 28374) that proposed 
amendments to the Employment Tax Regulations under sections 6011, 6157, 
and 6302 of the Internal Revenue Code (Code) of 1986. These proposed 
regulations stated the time and manner of making payments of the 
railroad unemployment repayment tax (sections 3321-3322 of the Code). 
Section 3321(c) of the Code provides for the termination of the tax 
when certain loans to the railroad unemployment fund are repaid. 
Because this repayment occurred on June 29, 1993, the railroad 
unemployment repayment tax provisions are no longer operative. Thus, no 
railroad unemployment repayment taxes are payable with respect to rail 
wages paid after July 1, 1993. See Announcement 93-128

[[Page 67803]]

(1993-30 I.R.B. 88). Therefore, proposed regulations Sec. Sec.  
31.6011(a)-3A, 31.6157-1 and 31.6302(c)-2A are hereby withdrawn.

List of Subjects in 26 CFR Part 31

    Employment taxes, Income taxes, Penalties, Pensions, Railroad 
retirement, Reporting and recordkeeping requirements, Social security, 
Unemployment compensation.

Withdrawal of Notice of Proposed Rulemaking

    Accordingly, under the authority of 26 U.S.C. 7805 and 26 U.S.C. 
6302, proposed regulations Sec. Sec.  31.6011(a)-3A, 31.6157-1, and 
31.6302(c)-2A published in the Federal Register on May 13, 1993 (58 FR 
28374) are withdrawn.

Robert E. Wenzel,
Deputy Commissioner of Internal Revenue.
[FR Doc. 02-28401 Filed 11-6-02; 8:45 am]
BILLING CODE 4830-01-P