[Federal Register Volume 76, Number 236 (Thursday, December 8, 2011)]
[Proposed Rules]
[Page 76633]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-31464]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-157714-06]
RIN 1545-BG43


Determination of Governmental Plan Status; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to advance notice of proposed rulemaking.

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SUMMARY: This document contains corrections to advance notice of 
proposed rulemaking (REG-157714-06) that describes the rules that the 
Treasury Department and IRS are considering proposing relating to the 
determination of whether a plan is a governmental planwithin the 
meaning of section 414(d) and contains an appendix that includes a 
draft notice of proposed rulemaking on which the Treasury Department 
and IRS invite comments from the public. The document was published in 
the Federal Register on Tuesday, November 8, 2011(76 FR 69172).

FOR FURTHER INFORMATION CONTACT: Concerning the ANPRM, Pamela R. Kinard 
at (202) 622-6060 (not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The correction notice that is the subject of this document is under 
section 414(d) of the Internal Revenue Code.

Need for Correction

    As published, this advance notice of proposed rulemaking (REG-
157714-06) contains errors that may prove to be misleading and are in 
need of clarification.

Correction of Publication

    Accordingly, the publication of this advance notice of proposed 
rulemaking (REG-157714-06), which was the subject of FR Doc. 2011-
28853, is corrected as follows:
    1. On page 69173, column 3, in the preamble, under the paragraph 
heading ``Explanation of Provisions'', second paragraph, third line, 
the language ``States or an agency of instrumentality of'' is removed 
and is replaced with the new language ``States or an agency or 
instrumentality of''.
    2. On page 69175, column 1, in the Appendix, under the paragraph 
heading ``Application of Section 414(d)'', fifth paragraph, the 
language ``Section 503(a)(1) (applying the prohibited transactions 
rules in section 503 to governmental plans as defined in section 
4975(g)(2))'' is removed and is replaced with the new language 
``Section 503(a)(1) (applying the prohibited transaction rules in 
section 503 to governmental plans as defined in section 4975(g)(2));''.
    3. On page 69177, column 2, footnote 17, fourth line, the language 
``401(k) plan. See section 401(K)(4)(B)(ii). There is an'' is removed 
and is replaced with the new language ``401(k) plan. See section 
401(k)(4)(B)(ii). There is an''.
    4. On page 69179, column 3, footnote 27, eleventh line, the 
language ``Louis, 420 F. Supp.2 at 1024, citing Lee Const. Co.,'' is 
removed and is replaced with the new language ``Louis, 420 F. Supp.2d 
at 1024, citing Lee Const. Co.,''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, Procedure and Administration.
[FR Doc. 2011-31464 Filed 12-7-11; 8:45 am]
BILLING CODE 4830-01-P