[Federal Register Volume 88, Number 207 (Friday, October 27, 2023)]
[Proposed Rules]
[Page 73807]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-23616]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-100908-23]
RIN 1545-BQ54


Increased Credit or Deduction Amounts for Satisfying Certain 
Prevailing Wage and Registered Apprenticeship Requirements; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of proposed rulemaking and public hearing; correction.

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

SUMMARY: This document contains corrections to a notice of proposed 
rulemaking (REG-100908-23) that was published in the Federal Register 
on August 30, 2023. The notice of proposed rulemaking contains proposed 
regulations concerning increased credit or deduction amounts available 
for taxpayers satisfying prevailing wage and registered apprenticeship 
(collectively, PWA) requirements established by the Inflation Reduction 
Act of 2022 (IRA).

DATES: Written or electronic comments are still being accepted and must 
be received by October 30, 2023. The public hearing on these proposed 
regulations is scheduled to be held on November 21, 2023, at 10 a.m. 
ET. Requests to speak and outlines of topics to be discussed at the 
public hearing must be received by October 30, 2023.

ADDRESSES: Commenters are strongly encouraged to submit public comments 
electronically. Submit electronic submissions via the Federal 
eRulemaking Portal at https://www.regulations.gov (indicate IRS and 
REG-100908-23) by following the online instructions for submitting 
comments. Once submitted to the Federal eRulemaking Portal, comments 
cannot be edited or withdrawn. The Department of the Treasury (Treasury 
Department) and the IRS will publish for public availability any 
comments submitted, whether electronically or on paper, to the IRS's 
public docket. Send paper submissions to: CC:PA:01:PR (REG-100908-23), 
Room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin 
Station, Washington, DC 20044.

FOR FURTHER INFORMATION CONTACT: Concerning this proposed regulations, 
the Office of Associate Chief Counsel (Passthroughs & Special 
Industries) at (202) 317-6853 (not a toll-free number); concerning 
submissions of comments and or the public hearing, Vivian Hayes at 
(202) 317-6901 (not a toll-free number) or by email to 
[email protected] (preferred).

SUPPLEMENTARY INFORMATION: 

Background

    The proposed regulation that is the subject of this correction is 
under sections 30C, 45, 45L, 45U, 45V, 45Y, 45Z, 48C, 48E, and 179D of 
the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-100908-23) 
contains errors that need to be corrected.

Correction of Publication

    Accordingly, the notice of proposed rulemaking (REG-100908-23) that 
is the subject of FR Doc. 2023-18514, published on August 30, 2023, at 
88 FR 60018, is corrected to read as follows:

0
1. On page 60031, the third line from the bottom of the third column is 
corrected to read ``Participation Requirement, then the penalty''.
0
2. On page 60334, in the first column, first line of the column is 
corrected to read ``Exception, or the BOC Exception, then the''.
0
3. On page 60036, in the third column, the last line of the third full 
paragraph is corrected to read ``filers, and tax-exempt 
organizations.''.
0
4. On page 60036, in the third column, third line from the bottom of 
the fourth full paragraph is corrected to read ``proposed regulation 
does not alter any of the DOL''.
0
5. On page 60037, in the first column, second line from the bottom of 
the first partial paragraph, the language ``number'' is corrected to 
read ``Number''.
0
6. On page 60037, in the first column, seventh line from the top of the 
second full paragraph is corrected to read ``include third-party 
disclosures for ``.
0
7. On page 60037, in the second column, the fourth line of the third 
full paragraph is corrected to read ``to display the prevailing wage 
rates ``.
0
8. On page 60038, in the first column, fifth line from the bottom of 
the first full paragraph is corrected to read ``prevailing wage and 
apprenticeship''.
0
9. On page 60040, in the first column, in the ``Authority:'' paragraph, 
the third line is corrected to read ``U.S.C. 30C.''.


Sec.  1.45-7  [Corrected]

0
10. On page 60043, in the first column, the first line of paragraph 
(b)(7)(iv), is corrected to read ``construction, alteration, or repair 
work''.
0
11. On page 60046, in the first column, the second line from the bottom 
of paragraph (c)(6)(iii)(C) is corrected to read ``filing the tax 
return claiming the''.
0
12. On page 60046, in the second column, the sixth line from the bottom 
of paragraph (c)(6)(iii)(D), is corrected to read ``filing the tax 
return claiming the''.


Sec.  1.45-8  [Corrected]

0
13. On page 60047, in the third column, the third line from the bottom 
of paragraph (c)(2), is corrected to read ``apprentice-to-journeyworker 
ratio of the''.
0
14. On page 60049, in the first column, tenth line from the bottom of 
paragraph (e)(2)(ii)(F), is corrected to read ``apprentices that were 
denied for the 120-''.


Sec.  1.45-12  [Corrected]

0
15. On page 60051, in the third column, the second occurrence of 
paragraph (c)(3) through paragraph (c)(8) is redesignated as paragraphs 
as (c)(4) through (9).
0
16. On page 60051, in the third column, the third line from the bottom 
of newly redesignated paragraph (c)(8) is corrected to read 
``apprentice-to-journeyworker ratios''.
0
17. On page 60052, in the first column, the first line of paragraph (d) 
introductory text is corrected to read ``employed by the taxpayer, 
contractor,''.


Sec.  1.48-13  [Corrected]

0
18. On page 60053, in the third column, the second line from the bottom 
of paragraph (c)(1) is corrected to read ``requirements of section 
48(a)(10)(A)(ii) at the time such project is''.

Oluwafunmilayo A. Taylor,
Section Chief, Publications and Regulations, Associate Chief Counsel, 
(Procedure and Administration).
[FR Doc. 2023-23616 Filed 10-26-23; 8:45 am]
BILLING CODE 4830-01-P