[Federal Register Volume 88, Number 166 (Tuesday, August 29, 2023)]
[Proposed Rules]
[Page 59482]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18622]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-124123-22]
RIN 1545-BQ57


Corporate Bond Yield Curve for Determining Present Value; Hearing 
Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of a public hearing on a proposed rulemaking.

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SUMMARY: This document cancels a public hearing on proposed regulations 
specifying the methodology for constructing the corporate bond yield 
curve that is used to derive the interest rates used in calculating 
present value and making other calculations under a defined benefit 
plan, as well as for discounting unpaid losses and estimated salvage 
recoverable of insurance companies.

DATES: The public hearing scheduled for August 30, 2023, at 10 a.m. ET 
is cancelled.

FOR FURTHER INFORMATION CONTACT: Vivian Hayes of the Publications and 
Regulations Branch, Associate Chief Counsel (Procedure and 
Administration) at (202) 317-6901 (not a toll-free number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and a notice 
of public hearing that appeared in the Federal Register on June 23, 
2023 (88 FR 41047) announced that a public hearing being held in person 
and by teleconference was scheduled for August 30, 2023, at 10 a.m. ET. 
The subject of the public hearing is under 26 CFR part 1.
    The public comment period for these regulations expired on August 
22, 2023. The notice of proposed rulemaking and notice of public 
hearing instructed those interested in testifying at the public hearing 
to submit a request to testify and an outline of the topics to be 
addressed. We did not receive a request to testify at the Public 
Hearing. Therefore, the public hearing scheduled for August 30, 2023, 
at 10 a.m. ET is cancelled.

Oluwafunmilayo A. Taylor,
Branch Chief, Publications and Regulations Branch, Associate Chief 
Counsel, (Procedure & Administration).
[FR Doc. 2023-18622 Filed 8-28-23; 8:45 am]
BILLING CODE 4830-01-P