[Federal Register Volume 71, Number 248 (Wednesday, December 27, 2006)]
[Proposed Rules]
[Page 77654]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-22018]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-142270-05]
RIN 1545-BE90


Railroad Track Maintenance Credit; Hearing Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of notice of public hearing on proposed rulemaking 
by cross-reference to temporary regulations.

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SUMMARY: This document cancels a public hearing on proposed regulations 
by cross-reference to temporary regulations relating to the railroad 
track maintenance credit determined for qualified railroad track 
maintenance expenditures paid or incurred by a Class II or Class III 
railroad and other eligible taxpayers during the taxable year.

DATES: The public hearing, originally scheduled for January 9, 2007 at 
10 a.m. is cancelled.

FOR FURTHER INFORMATION CONTACT: Kelly Banks of the Publications and 
Regulations Branch, Legal Processing Division, Associate Chief Counsel 
(Procedure and Administration) at (202) 622-0392 (not a toll-free 
number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking by cross-
reference to temporary regulations and notice of public hearing that 
appeared in the Federal Register on Friday, September 8, 2006 (71 FR 
53053), announced that a public hearing was scheduled for January 9, 
2006, at 10 a.m. in the IRS Auditorium, New Carrollton Federal 
Building, 5000 Ellin Road, Lanham, MD 20706. The subject of the public 
hearing is under section 45G of the Internal Revenue Code.
    The public comment period expired on December 7, 2006. The notice 
of proposed rulemaking by cross-reference to temporary regulations and 
notice of public hearing instructed those interested in testifying at 
the public hearing to submit an outline of the topics to be addressed. 
As of Monday, December 11, 2006, no one has requested to speak. 
Therefore, the public hearing scheduled for January 9, 2007, is 
cancelled.

La Nita VanDyke,
Branch Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
 [FR Doc. E6-22018 Filed 12-26-06; 8:45 am]
BILLING CODE 4830-01-P