[Federal Register Volume 86, Number 21 (Wednesday, February 3, 2021)]
[Proposed Rules]
[Pages 7986-7987]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02146]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-119890-18]
RIN 1545-BP92


Section 42, Low-Income Housing Credit Average Income Test 
Regulations; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Proposed rule; notice of hearing.

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SUMMARY: This document provides a notice of public hearing on proposed 
regulations setting forth guidance on the average income test for 
purposes of the low-income housing credit.

DATES: The public hearing is being held on Wednesday, March 24, 2021 at 
12 p.m. The IRS must receive speakers' outlines of the topics to be 
discussed at the public hearing by Friday, March 5, 2021. If no 
outlines are received by March 5, 2021, the public hearing will be 
cancelled.

ADDRESSES: The public hearing is being held by teleconference. 
Individuals who want to testify (by telephone) at the public hearing 
must send an email to [email protected] to receive the telephone 
number and access code for the hearing. The subject line of the email 
must contain the regulation number [REG-119890-18] and the word 
TESTIFY. For example, the subject line may say: Request to TESTIFY at 
Hearing for REG-119890-18. The email must include the name(s) of the 
speaker(s) and title(s). Send outline submissions electronically via 
the Federal eRulemaking Portal at www.regulations.gov (IRS REG-119890-
18). The email must be received by March 5, 2021.

[[Page 7987]]


FOR FURTHER INFORMATION CONTACT: Concerning these proposed regulations, 
Dillon Taylor or Michael J. Torruella Costa at (202) 317-4137; 
concerning submissions of comments, the hearing, and the access code to 
attend the hearing by teleconferencing, Regina Johnson at (202) 317-
5177 (not toll-free numbers) or [email protected]. If emailing 
please put Attend, Testify, or Agenda Request and [REG-119890-18] in 
the email subject line.

SUPPLEMENTARY INFORMATION: The subject of the public hearing is the 
notice of proposed rulemaking REG-119890-18 that was published in the 
Federal Register on Friday, October 30, 2020, 85 FR 68816.
    The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who 
wish to present oral comments telephonically at the hearing that 
previously submitted written comments by December 29, 2020, must submit 
an outline on the topics to be addressed and the amount of time to be 
devoted to each topic by March 5, 2021.
    A period of 10 minutes is allotted to each person for presenting 
oral comments. After the deadline for receiving outlines has passed, 
the IRS will prepare an agenda containing the schedule of speakers. 
Copies of the agenda will be made available by emailing your request to 
[email protected]. Please put ``REG-119890-18 Agenda Request'' in 
the subject line of the email.
    Individuals who want to attend (by telephone) the public hearing 
must also send an email to [email protected] to receive the 
telephone number and access code for the hearing. The subject line of 
the email must contain the regulation number [REG-119890-18] and the 
word ATTEND. For example, the subject line may say: Request to ATTEND 
Hearing for REG-119890-18. The email requesting to attend the public 
hearing must be received by 5:00 p.m. two (2) business days before the 
date that the hearing is scheduled.
    The telephonic hearing will be made accessible to people with 
disabilities. To request special assistance during the telephonic 
hearing please contact the Publications and Regulations Branch of the 
Office of Associate Chief Counsel (Procedure and Administration) by 
sending an email to [email protected] (preferred) or by telephone 
at (202) 317-5177 (not a toll-free number) at least three (3) days 
prior to the date that the telephonic hearing is scheduled.
    Any questions regarding speaking at or attending a public hearing 
may also be emailed to [email protected].

Crystal Pemberton,
Senior Federal Register Liaison, Publications and Regulations Branch, 
Legal Processing Division, Associate Chief Counsel, (Procedure and 
Administration).
[FR Doc. 2021-02146 Filed 2-2-21; 8:45 am]
BILLING CODE 4830-01-P