[Federal Register Volume 77, Number 83 (Monday, April 30, 2012)]
[Notices]
[Page 25538]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-10275]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Credit for Renewable Electricity Production, Refined Coal 
Production, and Indian Coal Production, and Publication of Inflation 
Adjustment Factors and Reference Prices for Calendar Year 2012; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a publication of inflation adjustment factors and 
reference prices for calendar year 2012 as required by section 
45(e)(2)(A) of the Internal Revenue Code (26 U.S.C. 45(e)(2)(A)), 
section 45(e)(8)(C)), and section 45(e)(10)(C) (26 U.S.C. 
45(e)(10)(C)).

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SUMMARY: This document contains corrections to a publication of 
inflation adjustment factors and reference prices for calendar year 
2012 as required by section 45(e)(2)(A) of the Internal Revenue Code 
(26 U.S.C. 45(e)(2)(A)), section 45(e)(8)(C)), and section 45(e)(10)(C) 
(26 U.S.C. 45(e)(10)(C)), that was published in the Federal Register on 
Wednesday, April 11, 2012 (77 FR 21835). The 2012 inflation adjustment 
factors and reference prices are used in determining the availability 
of the credit for renewable electricity production.

FOR FURTHER INFORMATION CONTACT: Philip Tiegerman, or 202-622-3110 (not 
a toll free number).

SUPPLEMENTARY INFORMATION:

Background

    The publication of inflation adjustment factors and reference 
prices for calendar year 2012 as required by section 45(e)(2)(A) of the 
Internal Revenue Code (26 U.S.C. 45(e)(2)(A), section 45(e)(8)(C)), and 
section 45(e)(10)(C) (26 U.S.C. 45(e)(10)(C)) that is the subject of 
this correction is under section 45 of the Internal Revenue Code.

Need for Correction

    As published, the notice of the publication of inflation adjustment 
factors and reference prices for calendar year 2012 as required by 
section 45(e)(2)(A) of the Internal Revenue Code (26 U.S.C. 
45(e)(2)(A), section 45(e)(8)(C)), and section 45(e)(10)(C) (26 U.S.C. 
45(e)(10)(C)) contains errors that may prove to be misleading and are 
in need of clarification.

Correction of Publication

    Accordingly, the publication of inflation adjustment factors and 
reference prices for calendar year 2012 as required by section 
45(e)(2)(A) of the Internal Revenue Code (26 U.S.C. 45(e)(2)(A), 
section 45(e)(8)(C)), and section 45(e)(10)(C) (26 U.S.C. 
45(e)(10)(C)), that is the subject of FR Doc. 2010-8675, is corrected 
as follows:
    On Page 21835, column 3, under the title ``Reference Prices'', line 
9 from the bottom of the page, the language ``and $55.80 per ton for 
calendar year'' is corrected to read ``and $58.49 per ton for calendar 
year''.
    On Page 21836, column 1, under the title ``Reference Prices'' line 
7 from the top of the page, the language ``during calendar year 2011. 
Because the'' is corrected to read ``during calendar year 2012. Because 
the''.

LaNita VanDyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2012-10275 Filed 4-27-12; 8:45 am]
BILLING CODE 4830-01-P