[Federal Register Volume 76, Number 173 (Wednesday, September 7, 2011)]
[Rules and Regulations]
[Pages 55255-55256]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-22738]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9546]
RIN 1545-BD04


Definition of Solid Waste Disposal Facilities for Tax-Exempt Bond 
Purposes; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains corrections to final regulations (TD 
9546) that were published in the Federal Register on Friday, August 19, 
2011, on the definition of solid waste disposal facilities for purposes 
of the rules applicable to tax-exempt bonds issued by State and local 
governments. These regulations provide guidance to State and local 
governments that issue tax-exempt bonds to finance solid waste disposal 
facilities and to taxpayers that use those facilities.

DATES: This correction is effective on September 7, 2011 and is 
applicable beginning October 18, 2011.

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

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations that are the subject of this document are 
under section 142 of the Internal Revenue Code.

Need for Correction

    As published August 19, 2011 (76 FR 51879), the final regulations 
(TD 9546) contain errors that may prove to be misleading and are in 
need of clarification.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Correction of Publication

    Accordingly, 26 CFR part 1 is corrected by making the following 
correcting amendments:

PART 1--INCOME TAXES

0
Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:

    Authority: 26 U.S.C. 7805 * * *

0
Par. 2. Section 1.142(a)(6)-1 is amended by revising paragraph 
(c)(2)(v), and the first sentence of paragraph (h), Example 9 (ii) to 
read as follows:

[[Page 55256]]

Sec.  1.142(a)(6)-1  Exempt facility bonds: solid waste disposal 
facilities.

* * * * *
    (c) * * *
    (2) * * *
    (v) Radioactive material. Solid waste excludes any radioactive 
material subject to regulation under the Nuclear Regulatory Act (10 CFR 
1.1 et seq.), as in effect on the issue date of the bonds.
* * * * *
    (h) * * *

    Example 9 * * *
    (ii) The facts are the same as in paragraph (i) of this Example 
9, except that the stripped bark represents only 55 percent by 
weight and volume of the materials that are transported by the 
conveyor belt. * * *
* * * * *

LaNita VanDyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2011-22738 Filed 9-6-11; 8:45 am]
BILLING CODE 4830-01-P