[Federal Register Volume 85, Number 126 (Tuesday, June 30, 2020)]
[Proposed Rules]
[Page 39113]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-14033]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-112339-19]
RIN 1545-BP42


Credit for Carbon Oxide Sequestration; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a notice of proposed rulemaking.

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SUMMARY: This document contains a correction to a notice of proposed 
rulemaking that was published in the Federal Register on June 2, 2020. 
The proposed regulations regarding the credit for carbon oxide 
sequestration under section 45Q of the Internal Revenue Code (Code).

DATES: Written or electronic comments and requests for a public hearing 
are still being accepted and must be received by August 3, 2020.

ADDRESSES: Send submissions to Internal Revenue Service, CC:PA: LPD:PR 
(REG-112339-19), Room 5205, P.O. Box 7604, Ben Franklin Station, 
Washington, DC 20044. Submission of comments electronically is strongly 
suggested, as the ability to respond to mail may be delayed. It is 
recommended that comments and requests for a public hearing be 
submitted electronically via the Federal eRulemaking Portal at http://www.regulations.gov (IRS REG-112339-19).

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Maggie Stehn of the Office of Associate Chief Counsel (Passthroughs & 
Special Industries) at (202) 317-6853; concerning submissions of 
comments and/or requests for a public hearing, Regina L. Johnson at 
(202) 317-5177 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The proposed regulations that are the subject of this correction 
are under section 45Q of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-112339-19) 
contains errors that needs to be corrected.

Correction of Publication

    Accordingly, the notice of proposed rulemaking (REG-112339-19) that 
was the subject of FR Doc.2020-11907, published at 85 FR 34050 (June 2, 
2020), is corrected as follows:
    1. On page 34058, third column, the ninth line of the fourth 
paragraph, the language ``date the'' is corrected to read ``date of''.
    2. On page 34061, first column, the sixth line from the bottom from 
the first partial paragraph, the language ``three years'' is corrected 
to read ``five years.''
    3. On page 34062, first column, the eleventh through the twelfth 
lines of the first full paragraph, the language ``section 
45Q(f)(3)(B)'' is corrected to read ``new election''.
    4. On page 34062, the first column, the fifth through the sixth 
lines from the bottom of the last paragraph, the language ``after the 
date of issuance of this proposed regulation'' is corrected to read 
``after June 2, 2020.''.
    5. On page 34062, second column, the thirteenth through the 
fourteenth lines from the bottom of the first full paragraph, the 
language ``before the date of issuance of this proposed regulation'' is 
corrected to read ``before June 2, 2020''.
    6. On page 34062, third column, the sixth line from the bottom of 
the first full paragraph, the language ``F Federal'' is corrected to 
read ``Federal''.
    7. On page 34063, third column, the second line from the bottom of 
the first full paragraph, the language ``serval'' is corrected to read 
``several''.

Martin V. Franks,
Branch Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2020-14033 Filed 6-29-20; 8:45 am]
BILLING CODE 4830-01-P