[Federal Register Volume 87, Number 151 (Monday, August 8, 2022)]
[Proposed Rules]
[Pages 48324-48328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-14609]



[[Page 48323]]

Vol. 87

Monday,

No. 151

August 8, 2022

Part XIV





 Department of Treasury





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Semiannual Regulatory Agenda

  Federal Register / Vol. 87 , No. 151 / Monday, August 8, 2022 / UA: 
Reg Flex Agenda  

[[Page 48324]]


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DEPARTMENT OF THE TREASURY

31 CFR Subtitles A and B


Semiannual Agenda

AGENCY: Department of the Treasury.

ACTION: Semiannual regulatory agenda.

-----------------------------------------------------------------------

SUMMARY: This notice is given pursuant to the requirements of the 
Regulatory Flexibility Act and Executive Order 12866 (``Regulatory 
Planning and Review''), which require the publication by the Department 
of a semiannual agenda of regulations.

FOR FURTHER INFORMATION CONTACT: The Agency contact identified in the 
item relating to that regulation.

SUPPLEMENTARY INFORMATION: The semiannual regulatory agenda includes 
regulations that the Department has issued or expects to issue and 
rules currently in effect that are under departmental or bureau review.
    Beginning with the fall 2007 edition, the internet has been the 
primary medium for disseminating the Unified Agenda. The complete 
Unified Agenda will be available online at www.reginfo.gov and 
www.regulations.gov, in a format that offers users an enhanced ability 
to obtain information from the Agenda database. Because publication in 
the Federal Register is mandated for the regulatory flexibility agenda 
required by the Regulatory Flexibility Act (5 U.S.C. 602), Treasury's 
printed agenda entries include only:
    (1) Rules that are in the regulatory flexibility agenda, in 
accordance with the Regulatory Flexibility Act, because they are likely 
to have a significant economic impact on a substantial number of small 
entities; and
    (2) Rules that have been identified for periodic review under 
section 610 of the Regulatory Flexibility Act.
    Printing of these entries is limited to fields that contain 
information required by the Regulatory Flexibility Act's Agenda 
requirements. Additional information on these entries is available in 
the Unified Agenda available on the internet.
    The semiannual agenda of the Department of the Treasury conforms to 
the Unified Agenda format developed by the Regulatory Information 
Service Center (RISC).

Michael Briskin,
Deputy Assistant General Counsel for General Law and Regulation.

        Financial Crimes Enforcement Network--Proposed Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
171.......................  Clarification of the               1506-AB41
                             Requirement to Collect,
                             Retain, and Transmit
                             Information on
                             Transactions Involving
                             Convertible Virtual
                             Currencies and Digital
                             Assets With Legal Tender
                             Status.
172.......................  Section 6403. Corporate            1506-AB49
                             Transparency Act.
173.......................  Section 6110. Bank Secrecy         1506-AB50
                             Act Application to
                             Dealers in Antiquities
                             and Assessment of Bank
                             Secrecy Act Application
                             to Dealers in Arts.
174.......................  Section 6101.                      1506-AB52
                             Establishment of National
                             Exam and Supervision
                             Priorities.
175.......................  Real Estate Transaction            1506-AB54
                             Reports and Records.
------------------------------------------------------------------------


         Financial Crimes Enforcement Network--Final Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
176.......................  Amendments of the                  1506-AB36
                             Definition of Broker or
                             Dealer in Securities
                             (Crowd Funding).
177.......................  Requirements for Certain           1506-AB47
                             Transactions Involving
                             Convertible Virtual
                             Currency or Digital
                             Assets.
178.......................  Section 6212. Pilot                1506-AB51
                             Program on Sharing of
                             Information Related to
                             Suspicious Activity
                             Reports Within a
                             Financial Group.
------------------------------------------------------------------------


               Customs Revenue Function--Final Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
179.......................  Enforcement of Copyrights          1515-AE26
                             and the Digital
                             Millennium Copyright Act.
------------------------------------------------------------------------


               Internal Revenue Service--Final Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
180.......................  Guidance on the                    1545-BO91
                             Elimination of Interbank
                             Offered Rates.
181.......................  Section 42. Low-Income             1545-BO92
                             Housing Credit Average
                             Income Test Regulations.
182.......................  MEPs and the Unified Plan          1545-BO97
                             Rule.
183.......................  Requirements Related to            1545-BQ01
                             Surprise Billing, Part 1.
184.......................  Requirements Related to            1545-BQ02
                             Surprise Billing, Part 2.
185.......................  Requirements Related to            1545-BQ04
                             Surprise Billing, Part 1
                             (Temporary Regulation).
186.......................  Requirements Related to            1545-BQ05
                             Surprise Billing, Part 2
                             (Temporary Regulation).
187.......................  Information Reporting of           1545-BQ11
                             Health Insurance Coverage
                             and Other Issues Under
                             Sections 6055 and 6056.
------------------------------------------------------------------------


[[Page 48325]]

DEPARTMENT OF THE TREASURY (TREAS)

Financial Crimes Enforcement Network (FINCEN)

Proposed Rule Stage

171. Clarification of the Requirement To Collect, Retain, and Transmit 
Information on Transactions Involving Convertible Virtual Currencies 
and Digital Assets With Legal Tender Status [1506-AB41]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5336
    Abstract: The Board of Governors of the Federal Reserve System and 
FinCEN (collectively, the ``Agencies'') intend to issue a revised 
proposal to clarify the meaning of ``money'' as used in the rules 
implementing the Bank Secrecy Act requiring financial institutions to 
collect, retain, and transmit information on certain funds transfers 
and transmittals of funds. The Agencies intend that the revised 
proposal will ensure that the rules apply to domestic and cross-border 
transactions involving convertible virtual currency, which is a medium 
of exchange (such as cryptocurrency) that either has an equivalent 
value as currency, or acts as a substitute for currency, but lacks 
legal tender status. The Agencies further intend that the revised 
proposal will clarify that these rules apply to domestic and cross-
border transactions involving digital assets that have legal tender 
status.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   10/27/20  85 FR 68005
NPRM Comment Period End.............   11/27/20
Second NPRM.........................   12/00/22
Second NPRM Comment Period End......   02/00/23
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected].
    RIN: 1506-AB41

172. Section 6403. Corporate Transparency Act [1506-AB49]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5336
    Abstract: On December 8, 2021, FinCEN issued a Notice of Proposed 
Rulemaking (NPRM) entitled ``Beneficial Ownership Information Reporting 
Requirements.'' This related to one of the subjects of FinCEN's Advance 
Notice of Proposed Rulemaking (ANPRM) entitled ``Beneficial Ownership 
Information Reporting Requirements,'' issued on April 5, 2021, which 
was prompted by the Corporate Transparency Act (Sections 6401-6403 of 
the Anti-Money Laundering Act of 2020 (the AML Act)). Section 6403 
amends the Bank Secrecy Act by adding new Section 5336 to title 31 of 
the United States Code. New Section 5336 requires FinCEN to issue rules 
that: (i) require reporting companies to submit certain information 
about the individuals who are beneficial owners of those entities and 
the individuals who formed or registered those entities; (ii) establish 
a mechanism for issuing FinCEN identifiers to entities and individuals 
that request them; (iii) require FinCEN to maintain the information in 
a confidential, secure non-public database; and (iv) authorize FinCEN 
to disclose the information to certain government agencies and 
financial institutions for purposes specified in the legislation and 
subject to protocols to protect the confidentiality of the information. 
Section 5336 requires that the beneficial ownership information (BOI) 
reporting regulation for legal entities (the ``reporting regulation''), 
be published in final form by January 1, 2022. Section 6403(d) of the 
Corporate Transparency Act requires FinCEN also to revise its customer 
due diligence requirements for financial institutions to account for 
the changes created by FinCEN's compliance with these other 
requirements, and requires that these revisions be finalized within one 
year after the effective date of the reporting regulation. The ANPRM 
solicited comments on a wide range of questions that concerned three 
rulemaking actions: (i) the reporting regulation, (ii) an access 
regulation focused on authorizing FinCEN disclosure of BOI and 
establishing confidentiality protections for BOI being accessed, and 
(iii) revisions to the CDD requirements. The NPRM published on December 
8, 2021 addressed only the first of these actions, but the comments 
FinCEN received related to all three subjects, as well as addressing 
issues that concerned the interaction of the three regulatory actions 
and the shape and functionality of the database that will be populated 
with the information reported under Section 5336. FinCEN is reviewing 
these comments and considering the timing and sequence of the 
regulatory actions it will take to fulfill the requirements of Section 
5336 in light of the issues of regulatory interaction that the comments 
raise.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
ANPRM...............................   04/05/21  86 FR 17557
ANPRM Comment Period End............   05/05/21
NPRM................................   12/08/21  86 FR 69920
NPRM Comment Period End.............   02/07/22
Analyzing Comments..................   06/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected].
    RIN: 1506-AB49

173. Section 6110. Bank Secrecy Act Application to Dealers in 
Antiquities and Assessment of Bank Secrecy Act Application to Dealers 
in Arts [1506-AB50]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5336
    Abstract: FinCEN intends to issue a Notice of Proposed Rulemaking 
in order to implement Section 6110 of the Anti-Money Laundering Act of 
2020 (the AML Act). This section amends the Bank Secrecy Act (31 U.S.C. 
5312(a)(2)) to include as a financial institution a person engaged in 
the trade of antiquities, including an advisor, consultant, or any 
other person who engages as a business in the solicitation or the sale 
of antiquities, subject to regulations prescribed by the Secretary of 
the Treasury. The section further requires the Secretary of the 
Treasury to issue proposed rules to implement the amendment within 360 
days of enactment of the AML Act.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
ANPRM...............................   09/24/21  86 FR 53021
ANPRM Comment Period End............   10/25/21
NPRM................................   01/00/23
NPRM Comment Period End.............   03/00/23
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected].

[[Page 48326]]

    RIN: 1506-AB50

174. Section 6101. Establishment of National Exam and Supervision 
Priorities [1506-AB52]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5336
    Abstract: FinCEN intends to issue a Notice of Proposed Rulemaking 
to implement Section 6101 of the Anti-Money Laundering Act of 2020 (the 
AML Act). That section, among other things, amends section 5318(h) to 
title 31 of the United States Code to: (1) require financial 
institutions to establish countering the financing of terrorism (CFT) 
in addition to AML programs; (2) require FinCEN to establish national 
AML/CFT priorities and, as appropriate, promulgate implementing 
regulations within 180 days of the issuance of those priorities; and 
(3) provide that the duty to establish, maintain, and enforce a Bank 
Secrecy Act AML/CFT program remains the responsibility of, and must be 
performed by, persons in the United States who are accessible to, and 
subject to oversight and supervision by, the Secretary of the Treasury 
and the appropriate Federal functional regulator. Additionally, FinCEN 
intends to propose other changes, including regulatory amendments to 
establish that all financial institutions subject to an AML/CFT program 
requirement must maintain an effective and reasonably designed AML/CFT 
program, and that such a program must include a risk assessment 
process.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   07/00/22
NPRM Comment Period End.............   09/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected].
    RIN: 1506-AB52

175. Real Estate Transaction Reports and Records [1506-AB54]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5336
    Abstract: FinCEN will issue a Notice of Proposed Rulemaking (NPRM) 
to propose a rule to address money laundering threats in the U.S. real 
estate sector.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
ANPRM...............................   12/08/21  86 FR 69589
ANPRM Comment Period End............   02/07/22
NPRM................................   11/00/22
NPRM Comment Period End.............   01/00/23
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected].
    RIN: 1506-AB54

DEPARTMENT OF THE TREASURY (TREAS)

Financial Crimes Enforcement Network (FINCEN)

Final Rule Stage

176. Amendments of the Definition of Broker or Dealer in Securities 
(Crowd Funding) [1506-AB36]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5332
    Abstract: FinCEN is finalizing amendments to the regulatory 
definitions of ``broker or dealer in securities'' under the regulations 
implementing the Bank Secrecy Act. The changes are intended to expand 
the current scope of the definitions to include funding portals. In 
addition, these amendments would require funding portals to implement 
policies and procedures reasonably designed to achieve compliance with 
all of the Bank Secrecy Act requirements that are currently applicable 
to brokers or dealers in securities. The rule to require these 
organizations to comply with the Bank Secrecy Act regulations is 
intended to help prevent money laundering, terrorist financing, and 
other financial crimes.
    Note: This is not a new requirement; it replaces RINs 1506-AB24 and 
1506-AB29.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   04/04/16  81 FR 19086
NPRM Comment Period End.............   06/03/16
Final Action........................   05/00/23
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected].
    RIN: 1506-AB36

177. Requirements for Certain Transactions Involving Convertible 
Virtual Currency or Digital Assets [1506-AB47]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5336
    Abstract: FinCEN is amending the regulations implementing the Bank 
Secrecy Act (BSA) to require banks and money service businesses (MSBs) 
to submit reports, keep records, and verify the identity of customers 
in relation to transactions involving convertible virtual currency 
(CVC) or digital assets with legal tender status (``legal tender 
digital assets'' or ``LTDA'') held in unhosted wallets, or held in 
wallets hosted in a jurisdiction identified by FinCEN.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   12/23/20  85 FR 83840
NPRM Comment Period End.............   01/04/21
Final Action........................   03/00/23
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected].
    RIN: 1506-AB47

178. Section 6212. Pilot Program on Sharing of Information Related to 
Suspicious Activity Reports Within a Financial Group [1506-AB51]

    Legal Authority: 12 U.S.C. 1829b; 12 U.S.C. 1951 to 1959; 31 U.S.C. 
5311 to 5314; 31 U.S.C. 5316 to 5336
    Abstract: FinCEN intends to issue a Final Rule in order to 
implement Section 6212 of the Anti-Money Laundering Act of 2020 (the 
AML Act). This section amends the Bank Secrecy Act (31 U.S.C. 5318(g)) 
to establish a pilot program that permits financial institutions to 
share suspicious activity report (SAR) information with their foreign 
branches, subsidiaries, and affiliates for the purpose of combating 
illicit finance risks. The section further requires the Secretary of 
the Treasury to issue rules to implement the amendment within one year 
of enactment of the AML Act.
    Timetable:

[[Page 48327]]



------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   01/25/22  87 FR 3719
NPRM Comment Period End.............   03/28/22
Final Rule..........................   12/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: FinCEN Regulatory Support Section, Department of 
the Treasury, Financial Crimes Enforcement Network, P.O. Box 39, 
Vienna, VA 22183, Phone: 800 767-2825, Email: [email protected]
    RIN: 1506-AB51

BILLING CODE 4810-02-P

DEPARTMENT OF THE TREASURY (TREAS)

Customs Revenue Function (CUSTOMS)

Final Rule Stage

179. Enforcement of Copyrights and the Digital Millennium Copyright Act 
[1515-AE26]

    Legal Authority: Title III of the Trade Facilitation and Trade 
Enforcement Act of 2015 (Pub. L. 114-125); 19 U.S.C. 1595a(c)(2)(G); 19 
U.S.C. 1624
    Abstract: This rule amends the U.S. Customs and Border Protection 
(CBP) regulations pertaining to importations of merchandise that 
violate or are suspected of violating the copyright laws in accordance 
with title III of the Trade Facilitation and Trade Enforcement Act of 
2015 (TFTEA) and certain provisions of the Digital Millennium Copyright 
Act (DMCA).
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   10/16/19  84 FR 55251
NPRM Comment Period End.............   12/16/19
Final Rule..........................   10/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Alaina Van Horn, Chief, Intellectual Property 
Enforcement Branch, Department of the Treasury, Customs Revenue 
Function, 1331 Pennsylvania Avenue NW, Washington, DC 20229, Phone: 202 
325-0083, Email: [email protected].
    RIN: 1515-AE26

BILLING CODE 9111-14-P

DEPARTMENT OF THE TREASURY (TREAS)

Internal Revenue Service (IRS)

Final Rule Stage

180. Guidance on the Elimination of Interbank Offered Rates [1545-BO91]

    Legal Authority: 26 U.S.C. 1001b and 7805; 26 U.S.C. 7805
    Abstract: The final regulations will provide guidance on the tax 
consequences of the phased elimination of interbank offered rates 
(IBORs) that is underway in the United States and many foreign 
countries. Taxpayers have requested guidance that addresses whether a 
modification to a debt instrument or other financial contract to 
accommodate the elimination of the relevant IBOR will be treated as a 
realization event for federal income tax purposes.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   10/09/19  84 FR 54068
NPRM Comment Period End.............   11/25/19
Final Action (TD 9961)..............   01/04/22  87 FR 166
Final Action Effective..............   03/07/22
Final Action........................   12/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Caitlin Holzem, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Room 
3547, Washington, DC 20224, Phone: 202 317-7036, Fax: 855 574-9023, 
Email: [email protected].
    RIN: 1545-BO91

181. Section 42 Low-Income Housing Credit Average Income Test 
Regulations [1545-BO92]

    Legal Authority: 26 U.S.C. 7805; 26 U.S.C. 42
    Abstract: The Consolidated Appropriations Act of 2018 added a new 
applicable minimum set-aside test under section 42(g) of the Internal 
Revenue Code known as the average income test. This proposed regulation 
will implement requirements related to the average income test.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   10/30/20  85 FR 68816
NPRM Comment Period End.............   12/29/20
NPRM; Correction and Notice of         02/03/21  86 FR 8271
 Public Hearing.
Public Hearing......................   03/24/21
Final Action........................   10/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Dillon J. Taylor, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Room 
5107, Washington, DC 20224, Phone: 202 317-4137, Fax: 855 591-7867, 
Email: [email protected].
    RIN: 1545-BO92

182. MEPs and the Unified Plan Rule [1545-BO97]

    Legal Authority: 26 U.S.C. 7805; 26 U.S.C. 413
    Abstract: These proposed regulations provide guidance relating to 
the tax qualification of multiple employer plans (MEPs) described in 
section 413(e) of the Internal Revenue Code (Code). The proposed 
regulations would provide an exception, if certain requirements are 
met, to the application of the ``unified plan rule'' for section 413(e) 
MEPs in the event of a failure by one or more participating employers 
to take actions required of them to satisfy the requirements of section 
401(a) or 408 of the Code. The regulations affect participants in MEPs, 
MEP sponsors and administrators, and employers maintaining MEPs.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   07/03/19  84 FR 31777
NPRM Comment Period End.............   10/01/19
Second NPRM.........................   03/28/22  87 FR 17225
Second NPRM Comment Period End......   05/27/22
Final Action........................   12/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Thomas C. Morgan, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224, Phone: 202 317-6391, Fax: 855 604-6086, Email: 
[email protected].
    RIN: 1545-BO97

183. Requirements Related to Surprise Billing, Part 1 [1545-BQ01]

    Legal Authority: 26 U.S.C. 7805; Pub. L. 116-260, Division BB, 
Title I and Title II
    Abstract: The regulations implement the protections against 
surprise medical bills under the No Surprises Act, including 
requirements on group health plans, issuers offering group or

[[Page 48328]]

individual health insurance coverage, providers, facilities, and 
providers of air ambulance services.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   07/13/21  86 FR 36870
NPRM Comment Period End.............   09/13/21
Final Action........................   12/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Kari L. DiCecco, General Attorney (Tax), Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Room 5712, Washington, DC 20224, Phone: 202 317-5500, Email: 
[email protected].
    RIN: 1545-BQ01

184. Requirements Related to Surprise Billing, Part 2 [1545-BQ02]

    Legal Authority: 26 U.S.C. 7805; Pub. L. 116-260, Division BB, 
Title I and Title II
    Abstract: The regulations would implement additional protections 
against surprise medical bills under the No Surprises Act, including 
provisions related to the independent dispute resolution process.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   10/07/21  86 FR 55980
NPRM Comment Period End.............   12/06/21
Final Action........................   06/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Kari L. DiCecco, General Attorney (Tax), Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Room 5712, Washington, DC 20224, Phone: 202 317-5500, Email: 
[email protected].
    RIN: 1545-BQ02

185. Requirements Related to Surprise Billing, Part 1 (Temporary 
Regulation) [1545-BQ04]

    Legal Authority: 26 U.S.C. 7805; Pub. L. 116-260, Division BB, 
Title I and Title II
    Abstract: This temporary regulation implements the protections 
against surprise medical bills under the No Surprises Act.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Temporary Regulation................   07/13/21  86 FR 36872
Temporary Regulation Effective......   09/13/21
Final Action........................   12/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Kari L. DiCecco, General Attorney (Tax), Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Room 5712, Washington, DC 20224, Phone: 202 317-5500, Email: 
[email protected].
    RIN: 1545-BQ04

186. Requirements Related to Surprise Billing, Part 2 (Temporary 
Regulation) [1545-BQ05]

    Legal Authority: 26 U.S.C. 7805; Pub. L. 116-260, Division BB, 
Title I and Title II
    Abstract: This temporary regulation would implement additional 
protections against surprise medical bills under the No Surprises Act 
and certain provisions related to Title II of Division BB of the 
Consolidated Appropriations Act.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Temporary Rule......................   10/07/21  86 FR 55980
Temporary Rule Effective............   10/07/21
Temporary Rule Comment Period End...   12/06/21
Removal of Temporary Action.........   06/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Kari L. DiCecco, General Attorney (Tax), Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Room 5712, Washington, DC 20224, Phone: 202 317-5500, Email: 
[email protected].
    RIN: 1545-BQ05

187. Information Reporting of Health Insurance Coverage and Other 
Issues Under Sections 6055 and 6056 [1545-BQ11]

    Legal Authority: 26 U.S.C. 7805; 26 U.S.C. 5000A; 26 U.S.C. 6056
    Abstract: These regulations revise notice and filing requirements 
under sections 6055 and 6056 of the Internal Revenue Code. The 
regulations are needed to provide health coverage reporters an 
extension of time in which to furnish certain statements and an 
alternative manner of allowing certain health coverage reporters to 
provide information to covered individuals.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   12/06/21  86 FR 68939
NPRM Comment Period End.............   02/04/22
Final Action........................   12/00/22
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Gerald Semasek, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20024, Phone: 202 317-7006, Fax: 855 576-2339, Email: 
[email protected].
    RIN: 1545-BQ11

[FR Doc. 2022-14609 Filed 8-5-22; 8:45 am]
BILLING CODE 4810-01-P