[Federal Register Volume 71, Number 8 (Thursday, January 12, 2006)]
[Rules and Regulations]
[Page 1971]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-250]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9234]
RIN 1545-AU98


Obligations of States and Political Subdivisions; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document corrects final regulations (TD 9234) that was 
published in the Federal Register on Monday, December 19, 2005 (70 FR 
75028). The final regulations relates to the definition of private 
activity bond applicable to tax-exempt bonds issued by State and local 
governments.

DATES: This correction is effective February 17, 2006.

FOR FURTHER INFORMATION CONTACT: Johanna Som de Cerff, (202) 622-3980 
(not a toll-free call).

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations (TD 9234) that is the subject of this 
correction is under section 141 of the Internal Revenue Code.

Need for Correction

    As published, TD 9234 contains error that may prove to be 
misleading and is in need of clarification.

Correction of Publication

0
Accordingly, the publication of the final regulations (TD 9234), that 
was the subject of FR Doc. 05-23944, is corrected as follows:


Sec.  1.141-15  [Corrected]

0
On page 75035, column 2, Sec.  1.141-15(j), lines 7 and 8, the 
language, ``on or after February 17, 2006 and that are subject to the 
1997 regulations.'' is corrected to read ``on or after February 17, 
2006, and that are subject to the 1997 regulations (defined in 
paragraph (b)(1) of this section).''.

Cynthia Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 06-250 Filed 1-11-06; 8:45 am]
BILLING CODE 4830-01-P