[Federal Register Volume 73, Number 189 (Monday, September 29, 2008)]
[Proposed Rules]
[Page 56535]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-22823]



[[Page 56535]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-101258-08]
RIN 1545-BH66


Guidance Under Sections 642 and 643 (Income Ordering Rules); 
Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

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

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SUMMARY: This document cancels a public hearing on proposed rulemaking 
providing guidance under Internal Revenue Code section 642(c) with 
regard to the Federal tax consequences of an ordering provision in a 
trust, a will, or a provision of local law that attempts to determine 
the tax character of the amounts paid to a charitable beneficiary of 
the trust or estate. The proposed regulations also make conforming 
amendments to the regulations under section 643(a)(5). The proposed 
regulations affect estates, charitable lead trusts (CLTs) and other 
trusts making payments or permanently setting aside amounts for a 
charitable purpose.

DATES: The public hearing, originally scheduled for October 8, 2008, at 
10 a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Richard A. Hurst of the Publications 
and Regulations Branch, Legal Processing Division, Associate Chief 
Counsel (Procedure and Administration), at 
[email protected].

SUPPLEMENTARY INFORMATION:  A notice of public hearing that appeared in 
the Federal Register on Wednesday, June 18, 2008 (73 FR 34670), 
announced that a public hearing was scheduled for October 8, 2008, at 
10 a.m., in the auditorium, Internal Revenue Building, 1111 
Constitution Avenue, NW., Washington, DC. The subject of the public 
hearing is under sections 642 and 643 of the Internal Revenue Code.
    The public comment period for these regulations expired on 
September 16, 2008. Outlines of topics to be discussed at the hearing 
were due on September 18, 2008. The notice of proposed rulemaking 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, September 22, 2008, no one has requested to speak. 
Therefore, the public hearing scheduled for October 8, 2008, is 
cancelled.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. E8-22823 Filed 9-26-08; 8:45 am]
BILLING CODE 4830-01-P