[Federal Register Volume 78, Number 29 (Tuesday, February 12, 2013)]
[Rules and Regulations]
[Pages 9802-9803]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-03089]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9605]
RIN 1545-BG31; 1545-BL38


Payout Requirements for Type III Supporting Organizations That 
Are Not Functionally Integrated; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final and temporary regulations.

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SUMMARY: This document contains corrections to final and temporary 
regulations (TD 9605) that were published in the Federal Register on 
Friday, December 28, 2012 (77 FR 76382). The final and temporary 
regulations provide guidance regarding the requirements to qualify as a 
Type III supporting organization that is operated in connection with 
one or more supported organizations. The regulations reflect changes to 
the law made by the Pension Protection Act of 2006.

DATES: This correction is effective on February 12, 2013 and is 
applicable after December 28, 2012.

FOR FURTHER INFORMATION CONTACT: Preston J. Quesenberry, at (202) 622-
6070 (not a toll free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final and temporary regulations (TD 9605) that are the subject 
of this

[[Page 9803]]

correction is under section 509 of the Internal Revenue Code.

Need for Correction

    As published, the final and temporary regulations (TD 9605) contain 
errors that may prove to be misleading and are in need of 
clarification.

Correction of Publication

    Accordingly, the final and temporary regulations (TD 9605), that 
are the subject of FR Doc. 2012-31050, are corrected as follows:
    1. On page 76388, column 1, in the preamble, under the paragraph 
heading ``b. Being the Parent of Each Supported Organization'', line 
11, the language ``supporting organization if the'' is corrected to 
read ``supported organization if the''.
    2. On page 76388, column 2, in the preamble, under the same 
paragraph heading, line 9 of the column, the language ``or trustees of 
the supporting '' is corrected to read ``or trustees of the 
supported''.

LaNita VanDyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2013-03089 Filed 2-11-13; 8:45 am]
BILLING CODE 4830-01-P