[Federal Register Volume 68, Number 217 (Monday, November 10, 2003)]
[Proposed Rules]
[Pages 63744-63745]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-28204]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-162625-02]
RIN 1545-BB73


Real Estate Mortgage Investment Conduits; Application of Section 
446 With Respect to Inducement Fees; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

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

-----------------------------------------------------------------------

SUMMARY: This document provides notice of cancellation of a public 
hearing on proposed regulations relating to the proper timing and 
source of income from fees received to induce the acquisition of 
noneconomic residual interests in Real Estate Mortgage Investment 
Conduits (REMICs).

DATES: The public hearing originally scheduled for Tuesday, November 
18, 2003, at 10 a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Treena Garrett of the Publications and 
Regulations Branch, Legal Processing Division, Associate Chief Counsel 
(Procedure and Administration), (202) 622-7180 (not a toll-free 
number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice 
of

[[Page 63745]]

public hearing that appeared in the Federal Register on Monday, July 
21, 2003, (68 FR 43055), announced that a public hearing was scheduled 
for Tuesday, November 18, 2003, 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 446, 860, and 863 of the Internal Revenue Code. The public 
comment period for these proposed regulations expired on Monday, 
October 20, 2003. Outlines of oral comments were due on Tuesday, 
October 28, 2003.
    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 Wednesday, November 5, 2003, no one has requested to speak. 
Therefore, the public hearing scheduled for Tuesday, November 18, 2003, 
is cancelled.

Cynthia E. Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 03-28204 Filed 11-7-03; 8:45 am]
BILLING CODE 4830-01-P