[Federal Register Volume 69, Number 31 (Tuesday, February 17, 2004)]
[Proposed Rules]
[Page 7389]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-3401]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-163974-02]
RIN 1545-BB38


Diversification Requirements for Variable Annuity, Endowment, and 
Life Insurance Contracts; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on proposed regulations.

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SUMMARY: This document contains a notice of public hearing on proposed 
regulations to diversification requirements for variable annuity, 
endowment, and life insurance contracts.

DATES: The public hearing is being held on Thursday, April 1, 2004, at 
10 a.m. The IRS must receive outlines of the topics to be discussed at 
the hearing by March 18, 2004.

ADDRESSES: The public hearing is being held in the auditorium of the 
Internal Revenue Building, 1111 Constitution Avenue, NW., Washington, 
DC. Due to building security procedures, visitors must enter at the 
main entrance on Constitution Avenue. In addition, all visitors must 
present photo identification to enter the building.
    Mail submissions to: CC:PA:LPD:PR (REG-163974-02), Room 5203, 
Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, 
DC 20044. Submissions may be hand delivered Monday through Friday 
between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG-163974-02), 
Courier's Desk, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224. Alternatively, taxpayers may submit comments 
electronically via the Internet by submitting comments directly to the 
IRS Internet site at: http://www.irs.gov/regs.

FOR FURTHER INFORMATION CONTACT: Concerning submission of comments, the 
hearing, and/or to be placed on the building access list to attend the 
hearing, Guy R. Traynor of the Publications and Regulations branch, 
Associate Chief Counsel, (Procedure and Administration) at (202) 622-
3693 (not a toll-free number).

SUPPLEMENTARY INFORMATION: The subject of the public hearing is the 
notice of proposed regulations (REG-163974-02) that was published in 
the Federal Register on Wednesday, July 30, 2003 (68 FR 44689).
    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 (8) copies) by March 18, 2004.
    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 30 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,
Acting Chief, Publications & Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedures & Administration).
[FR Doc. 04-3401 Filed 2-13-04; 8:45 am]
BILLING CODE 4830-01-P