[Federal Register Volume 73, Number 195 (Tuesday, October 7, 2008)]
[Proposed Rules]
[Pages 58514-58515]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-23651]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-128841-07]
RIN 1545-BG91


Public Approval Guidance for Tax-Exempt Bonds; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

[[Page 58515]]


ACTION: Correction to notice of proposed rulemaking.

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SUMMARY: This document contains a correction to a notice of proposed 
rulemaking (REG-128841-07) that was published in the Federal Register 
on Tuesday, September 9, 2008 (73 FR 52220) relating to the public 
approval requirements under section 147(f) of the Internal Revenue Code 
applicable to tax-exempt private activity bonds issued by State and 
local governments. The proposed regulations affect State and local 
governmental issuers of tax-exempt private activity bonds.

FOR FURTHER INFORMATION CONTACT: David White, (202) 622-3980 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The correction notice that is the subject of this document is under 
section 147 of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-128841-07) 
contains an error that may prove to be misleading and is in need of 
clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
(REG-128841-07), which was the subject of FR Doc. E8-20771, is 
corrected as follows:


Sec.  1.147(f)-1  [Corrected]

    On page 52225, column 1, Sec.  1.147(f)-1(b)(6)(ii)(A), line 4, the 
language ``and public approval stated would to be'' is corrected to 
read ``and public approval stated would be''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, (Procedure and Administration).
 [FR Doc. E8-23651 Filed 10-6-08; 8:45 am]
BILLING CODE 4830-01-P