[Unified Agenda of Federal Regulations]
[Department of the Treasury Semiannual Regulatory Agenda]
[From the U.S. Government Printing Office, www.gpo.gov]


[[Page 23753]]


_______________________________________________________________________

Part XV





Department of the Treasury





_______________________________________________________________________



Semiannual Regulatory Agenda

Federal Register / Vol. 60, No. 88 / Monday, May 8, 1995 / 
Unified Agenda


Federal Register / Vol. 60, No. 88 / Monday, May 8, 1995 / 
Unified Agenda
[[Page 23754]]

=======================================================================

______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
  
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
Departmental Offices (DO)
______________________________________________________________________

DEPARTMENT OF THE TREASURY

31 CFR Subtitle A, Chs. I and II

Semiannual Agenda

AGENCY: Departmental Offices, Treasury.

ACTION: Semiannual agenda.

______________________________________________________________________

SUMMARY: This notice is given pursuant to the requirements of the 
``Regulatory Flexibility Act'' (Pub. L. 96-354, September 19, 1980) and 
Executive Order 12866 (``Regulatory Planning and Review,'' September 
30, 1993), which require the publication of a semiannual agenda of 
regulations. The semiannual agenda of the Department of the Treasury 
conforms to the Unified Agenda format developed by the Regulatory 
Information Service Center (RISC).

FOR FURTHER INFORMATION CONTACT: For additional information about a 
specific Departmental Offices regulation, contact the ``Agency 
Contact'' listed in the specific regulatory action.

Dated: March 8, 1995.

J. Benjamin H. Nye,

Executive Secretary.

                                       Departmental Offices--Prerule Stage                                      
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2708        17 CFR 404  Amendments Under the Government Securities Act; Large Position Reporting..    1505-AA53 
----------------------------------------------------------------------------------------------------------------


                                    Departmental Offices--Proposed Rule Stage                                   
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2709        31 CFR 500.704  Administrative Hearings...............................................    1505-AA59 
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Final Rule Stage                                     
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2710        17 CFR 404  Revisions to the Government Securities Act Regulations; Risk Assessment                 
            Rule for Specialized Government Securities Broker-Dealers.............................    1505-AA47 
2711        31 CFR 19  Debarment and Suspension Common Rule To Achieve Reciprocity With                         
            Procurement...........................................................................    1505-AA57 
----------------------------------------------------------------------------------------------------------------


                                Departmental Offices--Completed/Longterm Actions                                
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2712        31 CFR 10  Due Diligence Standards With Respect to Persons Practicing Before the                    
            Internal Revenue Service..............................................................    1505-AA17 
2713        31 CFR 21  Restrictions on Lobbying...................................................    1505-AA35 
2714        31 CFR 103  Amendment to the Bank Secrecy Act Regulations Relating to Recordkeeping                 
            for Funds Transfers and Transmittals of Funds by Financial Institutions...............    1505-AA37 
2715        31 CFR 103  Mandatory Aggregation of Currency Transactions for Certain Financial                    
            Institutions and Mandatory Magnetic Media Reporting of Currency Transaction Reports...    1505-AA41 
2716        17 CFR ch IV  Revisions to the Government Securities Act Regulations; Financial                     
            Responsibility; Minimum Capital Requirements..........................................    1505-AA44 
2717        31 CFR 103  Amendment to the Bank Secrecy Act Regulations Relating to Orders for                    
            Transmittals of Funds by Financial Institutions.......................................    1505-AA46 
2718        17 CFR 405  Revisions to the Government Securities Act Regulations; Early Warning                   
            Level.................................................................................    1505-AA48 
2719        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Requirement That Financial               
            Institutions Carry Out Anti-Money Laundering Programs.................................    1505-AA51 
----------------------------------------------------------------------------------------------------------------



[[Page 23755]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                       Prerule Stage
Departmental Offices (DO)
______________________________________________________________________


2708. AMENDMENTS UNDER THE GOVERNMENT SECURITIES ACT; LARGE 
POSITION REPORTING

Priority:  Other Significant

Legal Authority:  PL 103-202, sec 104

CFR Citation:  17 CFR 404; 17 CFR 405

Legal Deadline: None

Abstract: These rules would provide a mechanism for the reporting of 
information about large positions in recently issued Treasury 
securities. The rules will define what constitutes a large position and 
how positions should be aggregated across affiliates and subsidiaries. 
The scope of the reporting requirement would extend to any entity whose 
positions in the covered securities would meet the definition of a 
large position.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           01/24/95                     60 FR 4576
ANPRM Comment Period End        04/24/95                     60 FR 4576
NPRM                            08/00/95
NPRM Comment Period End         10/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ken Papaj, Director, Government Securities Regulations 
Staff, Department of the Treasury, Bureau of the Public Debt, Room 515, 
999 E Street NW., Washington, DC 20239-0001, 202 219-3632

RIN: 1505-AA53



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Departmental Offices (DO)
______________________________________________________________________


2709.  ADMINISTRATIVE HEARINGS

Priority:  Substantive, Nonsignificant

Legal Authority:  50 USC app 1 to 44, Trading With the Enemy Act; 22 
USC 6001 to 6010, The Cuban Democracy Act of 1992

CFR Citation:  31 CFR 500.704; 31 CFR 515.704

Legal Deadline: None

Abstract: The Foreign Assets Control Regulations, 31 CFR part 500, and 
the Cuban Assets Control Regulations, 31 CFR part 515, are being 
amended to provide for detailed procedures governing administrative 
hearings, as provided in section 1710(c) of the Cuban Democracy Act of 
1992 (the CDA). Because the CDA amends section 16 of the Trading with 
the Enemy Act to permit the imposition of civil monetary penalties and 
civil forfeiture, subpart G is revised to establish the procedures 
governing administrative hearings. The regulations impose no 
obligations or duties, but rather make available administrative hearing 
procedures for those persons wishing to appeal the assessment of a 
civil administrative penalty issued under parts 500 or 515.

Timetable: Next Action Undetermined

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Serena D. Moe, Deputy Chief Counsel, Department of the 
Treasury, MT Annex, 1500 Pennsylvania Avenue NW., Washington, DC 20220, 
202 622-2410

RIN: 1505-AA59



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Departmental Offices (DO)
______________________________________________________________________

2710. REVISIONS TO THE GOVERNMENT SECURITIES ACT REGULATIONS; RISK 
ASSESSMENT RULE FOR SPECIALIZED GOVERNMENT SECURITIES BROKER-DEALERS

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 78o-5(b); PL 103-202, sec 102

CFR Citation:  17 CFR 404; 17 CFR 405

Legal Deadline: None

Abstract: The Department will finalize risk assessment recordkeeping 
and reporting rules for registered Government securities brokers and 
dealers under the authority granted it by the Market Reform Act of 
1990. Registered Government securities brokers and dealers would be 
required to maintain and report information on the financial and 
securities activities of affiliates whose business activities are 
reasonably likely to have a material impact on the financial or 
operational condition of such entities. These rules are intended to 
provide regulators with access to information concerning the financial 
risk posed to registered Government securities brokers and dealers as a 
result of certain activities conducted by affiliates within holding 
company structures. These rules parallel risk assessment rules 
promulgated by the Securities and Exchange Commission.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/15/94                    59 FR 58792
NPRM Comment Period End         01/17/95                    59 FR 58792
Final Action                    04/00/95
Final Action Effective          06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kerry Lanham, Government Securities Specialist, 
Government Securities Regulations Staff, Department of the Treasury, 
Bureau of the Public Debt, Room 515, 999 E Street NW., Washington, DC 
20239-0001, 202 219-3632

RIN: 1505-AA47
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Departmental Offices (DO)
______________________________________________________________________


2711.  DEBARMENT AND SUSPENSION COMMON RULE TO ACHIEVE 
RECIPROCITY WITH PROCUREMENT

Priority:  Other Significant

Legal Authority:  5 USC 321

CFR Citation:  31 CFR 19

Legal Deadline: None

Abstract: This document represents the Department's participation in a 
common rulemaking in response to Executive Order 12689 and section 
[[Page 23756]] 2455 of the Federal Acquisition Streamlining Act of 
1994. E.O. 12689 requires agencies to establish regulations for 
reciprocal Governmentwide effect across procurement and nonprocurement 
for each agency's debarment and suspension actions, after technical 
differences between the procurement and nonprocurement regulations 
governing debarments and suspensions are resolved. Section 2455 
provides that the debarment, suspension, or other exclusion of a 
participant in a procurement activity under the Federal Acquisition 
Regulation, or in a nonprocurement activity under regulations issued 
pursuant to E.O. 12549, shall be given reciprocal Governmentwide 
effect.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/20/94                    59 FR 65607
NPRM Comment Period End         02/21/95                    59 FR 65607
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Agency Contact: Debra Sonderman, Department of the Treasury, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0520

RIN: 1505-AA57



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________

2712. DUE DILIGENCE STANDARDS WITH RESPECT TO PERSONS PRACTICING 
BEFORE THE INTERNAL REVENUE SERVICE

CFR Citation:  31 CFR 10

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    06/20/94                    59 FR 31527
Final Action Effective          06/20/94                    59 FR 31527

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Leslie S. Shapiro, 202 376-1421

RIN: 1505-AA17
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________

2713. RESTRICTIONS ON LOBBYING

CFR Citation:  31 CFR 21

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn - No action 
anticipated within the next 12 
months.                         04/01/95

Small Entities Affected: None

Government Levels Affected: State, Local

Agency Contact: Cathy Thomas, 202 343-0249

RIN: 1505-AA35
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________

2714. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS RELATING TO 
RECORDKEEPING FOR FUNDS TRANSFERS AND TRANSMITTALS OF FUNDS BY FINANCIAL 
INSTITUTIONS

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Transfer Development to RIN 
1506-AA00                       03/25/95

RIN: 1505-AA37
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________

2715. MANDATORY AGGREGATION OF CURRENCY TRANSACTIONS FOR CERTAIN 
FINANCIAL INSTITUTIONS AND MANDATORY MAGNETIC MEDIA REPORTING OF CURRENCY 
TRANSACTION REPORTS

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Transfer Development to RIN 
1506-AA01                       03/25/95

RIN: 1505-AA41
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________

2716. REVISIONS TO THE GOVERNMENT SECURITIES ACT REGULATIONS; 
FINANCIAL RESPONSIBILITY; MINIMUM CAPITAL REQUIREMENTS

CFR Citation:  17 CFR ch IV; 17 CFR 402; 17 CFR 404

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    03/01/95                    60 FR 11022
Final Action Effective          03/31/95                    60 FR 11022

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donald V. Hammond, 202 219-3632

RIN: 1505-AA44
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________

2717. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS RELATING TO 
ORDERS FOR TRANSMITTALS OF FUNDS BY FINANCIAL INSTITUTIONS

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Transfer Development to RIN 
1506-AA02                       03/25/95

RIN: 1505-AA46
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________

2718. REVISIONS TO THE GOVERNMENT SECURITIES ACT REGULATIONS; EARLY 
WARNING LEVEL

CFR Citation:  17 CFR 405; 17 CFR 402

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    10/26/94                    59 FR 53728
Final Action Effective          10/26/94                    59 FR 53728

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ken Papaj, 202 219-3632

RIN: 1505-AA48


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Departmental Offices (DO)
______________________________________________________________________


[[Page 23757]]
2719. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT 
THAT FINANCIAL INSTITUTIONS CARRY OUT ANTI-MONEY LAUNDERING PROGRAMS

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Transfer Development to RIN 
1506-AA05                       03/25/95

RIN: 1505-AA51
[FR Doc. 95-6596 Filed 05-05-95; 8:45 am]
BILLING CODE 4810-25-F



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

Financial Crimes Enforcement Network

31 CFR Subtitle B, Ch. I

Semiannual Agenda

AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury.

ACTION: Semiannual agenda.

______________________________________________________________________

SUMMARY: This notice is given pursuant to the requirements of the 
``Regulatory Flexibility Act'' (Pub. L. 96-354, September 19, 1980) and 
Executive Order 12866 (``Regulatory Planning and Review,'' September 
30, 1993), which require the publication of a semiannual agenda of 
regulations. FinCEN's semiannual agenda conforms to the Unified Agenda 
format developed by the Regulatory Information Service Center (RISC).

FOR FURTHER INFORMATION CONTACT: For additional information about a 
FinCEN regulation, contact the ``Agency Contact'' listed in the 
regulatory action.

Dated: April 5, 1995.

Stanley E. Morris,

Director.

                            Financial Crimes Enforcement Network--Proposed Rule Stage                           
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2720        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Definitions................    1506-AA03 
2721        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Requirement That Financial               
            Institutions Carry Out Anti-Money Laundering Programs.................................    1506-AA05 
2722        31 CFR 103  Amendment to the Bank Secrecy Act Regulations Affecting Tribal and State-               
            Licensed Gaming Establishments........................................................    1506-AA07 
2723        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Delegation of Authority To               
            Assess Civil Money Penalties on Depository Institutions...............................    1506-AA08 
2724        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Registration Requirement                 
            for Certain Non-Bank Financial Institutions...........................................    1506-AA09 
2725        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Mandatory Exemption of                   
            Certain Transactions From Currency Transaction Reporting Requirements.................    1506-AA11 
2726        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Discretionary Exemption of               
            Certain Transactions From Currency Transaction Reporting Requirements.................    1506-AA12 
2727        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Requirement To Report                    
            Suspicious Transactions...............................................................    1506-AA13 
2728        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Designation of Single                    
            Recipient for Suspicious Transaction Reports..........................................    1506-AA14 
2729        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Requirement To Report the                
            Cross-Border Transportation of Certain Negotiable Instruments.........................    1506-AA15 
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Final Rule Stage                             
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2730        31 CFR 103  Amendment to the Bank Secrecy Act Regulations--Notice of Exemption of                   
            Certain Transactions From Currency Transaction Reporting Requirements.................    1506-AA10 
----------------------------------------------------------------------------------------------------------------


                                                                                                                
                             [[Page 23758]]
                        Financial Crimes Enforcement Network--Completed/Longterm Actions                        
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation  
 Sequence                                          Title                                            Identifier  
  Number                                                                                              Number    
----------------------------------------------------------------------------------------------------------------
2731        31 CFR 103  Amendment to the Bank Secrecy Act Regulations Relating to Recordkeeping                 
            for Funds Transfers and Transmittals of Funds by Financial Institutions.............     1506-AA00  
2732        31 CFR 103  Mandatory Aggregation of Currency Transactions for Certain Financial                    
            Institutions and Mandatory Magnetic Media Reporting of Currency Transaction Reports.     1506-AA01  
2733        31 CFR 103  Amendment to the Bank Secrecy Act Regulations Relating to Orders for                    
            Transmittals of Funds by Financial Institutions.....................................     1506-AA02  
2734        31 CFR 103.29  Amendments to the Bank Secrecy Act Regulations Relating to                           
            Identification Required To Purchase Bank Checks and Drafts, Cashier's Checks, Money                 
            Orders, and Travelers Checks........................................................     1506-AA04  
2735        31 CFR 103  Amendments to the Bank Secrecy Act Regulations Regarding Reporting and                  
            Recordkeeping Requirements by Casinos...............................................     1506-AA06  
----------------------------------------------------------------------------------------------------------------




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2720.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
DEFINITIONS

Priority:  Informational

Legal Authority:  12 USC 1829b Bank Secrecy Act; 12 USC 1951 to 1959; 
31 USC 5311 to 5330

CFR Citation:  31 CFR 103

Legal Deadline:  NPRM, Statutory, March 23, 1995.
Section 408 of PL 103-325 requires money-transmitting businesses to 
register by March 23, 1995.

Abstract: This NPRM will propose to clarify and reorganize the 
definitions used in the Bank Secrecy Act regulations. Existing CFR 
section 103.11 would be subdivided into several sections. A separate 
section containing the definition of financial institutions will 
propose changes to the definition of non-bank financial institutions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA03
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2721. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT 
THAT FINANCIAL INSTITUTIONS CARRY OUT ANTI-MONEY LAUNDERING PROGRAMS

Priority:  Regulatory Plan

Legal Authority:  31 USC 5318

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: This regulation would require financial institutions subject 
to the Bank Secrecy Act (BSA) to implement BSA compliance and anti-
money laundering programs and procedures. These programs and procedures 
would include, among other things, customer identification procedures, 
enhanced recordkeeping, and related training of financial institution 
personnel.

Statement of Need: Treasury is examining regulatory changes to enhance 
the usefulness of the Bank Secrecy Act (BSA) to law enforcement 
agencies without imposing unnecessary burdens on institutions and 
businesses subject to the BSA. In this context, Treasury is considering 
the development of a regulation which would be issued for public 
comment, that may address the following issues affecting both banks and 
nonbank financial institutions subject to the BSA:

 Enhancing BSA compliance by establishing procedures for BSA 
reporting and recordkeeping requirements, requiring the designation of 
BSA compliance officers and the establishment of training programs;

 Establishing a ``Know Your Customer'' requirement concerning 
the identification and verification of identity of account holders and 
beneficial owners, and customers conducting significant business 
transactions and/or using safe deposit facilities, including different 
identification and verification requirements for different categories 
of customers.

Alternatives: Under consideration is a wide range of alternative 
approaches to designing the enhanced compliance program, and the types 
of institutions that should be subject to these requirements.

Anticipated Costs and Benefits: Because the components of this proposal 
are under development and the range of financial institutions that 
would be subject to these requirements has not been identified, the 
costs and benefits associated with this proposal cannot determined at 
this time.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Agency Contact: Peter G. Djinis, Associate Director, Office of 
Regulatory Policy and Enforcement, FinCEN, Department of the Treasury, 
Financial Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA05


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

[[Page 23759]]
2722.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS 
AFFECTING TRIBAL AND STATE-LICENSED GAMING ESTABLISHMENTS

Priority:  Other Significant

Legal Authority:  31 USC 5312(a)(2) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: Existing regulations do not specifically subject Indian 
gaming establishments to the same reporting, recordkeeping and other 
Bank Secrecy Act requirements as State-licensed casinos. This NPRM 
would provide for consistent treatment of tribal and State-licensed 
gaming establishments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: Tribal

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA07
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2723.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
DELEGATION OF AUTHORITY TO ASSESS CIVIL MONEY PENALTIES ON DEPOSITORY 
INSTITUTIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  31 USC 5321(e) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: This NPRM proposes to delegate to the appropriate Federal 
banking regulatory agencies the authority to assess civil money 
penalties on depository institutions for violations of the Bank Secrecy 
Act. The regulation would prescribe the parameters of the delegated 
authority.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA08
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2724.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
REGISTRATION REQUIREMENT FOR CERTAIN NON-BANK FINANCIAL INSTITUTIONS

Priority:  Other Significant

Legal Authority:  31 USC 5330

CFR Citation:  31 CFR 103

Legal Deadline:  NPRM, Statutory, March 23, 1995.
Section 408 of PL 103-325 requires money transmitting businesses to 
register by March 23, 1995.

Abstract: This NPRM will identify money transmitting and other 
businesses that must register with the Secretary, and will prescribe 
procedures for registration.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA09
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2725.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
MANDATORY EXEMPTION OF CERTAIN TRANSACTIONS FROM CURRENCY TRANSACTION 
REPORTING REQUIREMENTS

Priority:  Other Significant

Legal Authority:  31 USC 5313(d) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: This NPRM would exempt depository institutions from the 
currency transaction reporting obligations of 31 USC 5313 with respect 
to transactions with certain businesses.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA11
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2726.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
DISCRETIONARY EXEMPTION OF CERTAIN TRANSACTIONS FROM CURRENCY TRANSACTION 
REPORTING REQUIREMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  31 USC 5313(e) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline: None
31 USC 5313(e)(6) permits a phase-in of discretionary exemptions over a 
two-year period ending September 23, 1996.

Abstract: This NPRM proposes to exempt depository institutions from the 
currency transaction reporting obligations of 31 USC 5313 with respect 
to transactions with certain customers.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA12


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

[[Page 23760]]
2727.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
REQUIREMENT TO REPORT SUSPICIOUS TRANSACTIONS

Priority:  Other Significant

Legal Authority:  31 USC 5318(g) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: This NPRM proposes to require financial institutions, as well 
as their directors, officers, employees and agents, to report 
transactions in which there is a suspected violation of law. The 
regulation would provide guidelines for determining when a transaction 
should be considered suspicious and procedures for making reports. The 
regulation would prohibit financial institutions that report suspicious 
transactions from notifying the persons involved in such transactions 
that reports were filed.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA13
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2728.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
DESIGNATION OF SINGLE RECIPIENT FOR SUSPICIOUS TRANSACTION REPORTS

Priority:  Informational

Legal Authority:  31 USC 5318(g) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline:  Final, Statutory, March 23, 1995.
March 23, 1995 is the statutory deadline for designation of a single 
recipient of suspicious transaction reports. (PL 103-325 sec 403(c))

Abstract: This NPRM proposes to designate the Financial Crimes 
Enforcement Network (FinCEN) as the single recipient for suspicious 
transaction reports.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA14
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________


2729.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
REQUIREMENT TO REPORT THE CROSS-BORDER TRANSPORTATION OF CERTAIN 
NEGOTIABLE INSTRUMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  31 USC 5312(a)(3) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: This NPRM proposes to require reporting of cross-border 
transportation of certain negotiable instruments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA15



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________


2730.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--
NOTICE OF EXEMPTION OF CERTAIN TRANSACTIONS FROM CURRENCY TRANSACTION 
REPORTING REQUIREMENTS

Priority:  Other Significant

Legal Authority:  31 USC 5313(d) Bank Secrecy Act

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: This notice of exemption will exempt depository institutions 
from the currency transaction reporting obligations of 31 USC 5313 with 
respect to transactions with other depository institutions and 
government entities.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA10


[[Page 23761]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2731. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS RELATING TO 
RECORDKEEPING FOR FUNDS TRANSFERS AND TRANSMITTALS OF FUNDS BY FINANCIAL 
INSTITUTIONS

CFR Citation:  31 CFR 103

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    01/03/95                      60 FR 220
Final Action Effective          01/01/96                      60 FR 220

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter G. Djinis, 202 622-0400

RIN: 1506-AA00
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2732. MANDATORY AGGREGATION OF CURRENCY TRANSACTIONS FOR CERTAIN 
FINANCIAL INSTITUTIONS AND MANDATORY MAGNETIC MEDIA REPORTING OF CURRENCY 
TRANSACTION REPORTS

CFR Citation:  31 CFR 103

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       10/17/94                    59 FR 52275

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, 202 622-0400

RIN: 1506-AA01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2733. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS RELATING TO 
ORDERS FOR TRANSMITTALS OF FUNDS BY FINANCIAL INSTITUTIONS

CFR Citation:  31 CFR 103

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    01/03/95                      60 FR 234
Final Action Effective          01/01/96                      60 FR 234

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, 202 622-0400

RIN: 1506-AA02
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________

2734.  AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS 
RELATING TO IDENTIFICATION REQUIRED TO PURCHASE BANK CHECKS AND DRAFTS, 
CASHIER'S CHECKS, MONEY ORDERS, AND TRAVELERS CHECKS

Legal Authority:  12 USC 1829b; 12 USC 1951 to 1959; 31 USC 5311 to 
5328

CFR Citation:  31 CFR 103.29

Legal Deadline: None

Abstract: This rule rescinds a requirement that financial institutions 
maintain centralized chronological logs of the issuance or sale for 
cash of certain monetary instruments, and requires financial 
institutions instead to maintain more limited records of certain such 
purchases. These records may be kept in any format. This rule 
significantly reduces the recordkeeping burden for financial 
institutions involved in these types of transactions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    10/17/94                    59 FR 52250
Final Action Effective          10/17/94                    59 FR 52250

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA04
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Financial Crimes Enforcement Network (FINCEN)
______________________________________________________________________


2735.  AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS 
REGARDING REPORTING AND RECORDKEEPING REQUIREMENTS BY CASINOS

Legal Authority:  12 USC 1829b; 12 USC 1951 to 1959; 31 USC 5311 to 
5330

CFR Citation:  31 CFR 103

Legal Deadline: None

Abstract: This rule modifies changes to the Bank Secrecy Act reporting 
and recordkeeping requirements for casinos that were contained in a 
Final Rule published on March 12, 1993, and withdraws a number of 
provisions contained in that final rule.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    12/01/94                    59 FR 61660
Final Action Effective          12/01/94                    59 FR 61660

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter Djinis, Associate Director, Office of Regulatory 
Policy and Enforcement, FinCEN, Department of the Treasury, Financial 
Crimes Enforcement Network, Treasury Annex, Room 3210, 1500 
Pennsylvania Avenue NW., Washington, DC 20220, 202 622-0400

RIN: 1506-AA06
[FR Doc. 95-8940 Filed 05-05-95; 8:45 am]
BILLING CODE 4820-02-F



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
Financial Management Service (FMS)
______________________________________________________________________

Fiscal Service

31 CFR Ch. II

Semiannual Agenda

AGENCY: Financial Management Service, Fiscal Service, Treasury.

ACTION: Semiannual agenda.

______________________________________________________________________

SUMMARY: This notice is given pursuant to the requirements of the 
``Regulatory Flexibility Act'' (Pub. L. 96-354, September 19, 1980) and 
Executive Order 12866 (Regulatory Planning and Review, September 30, 
1993), which require publication of a semiannual agenda of regulations 
under development or review.

FOR FURTHER INFORMATION CONTACT: For additional information about a 
specific regulation contained in this agenda, contact the ``Agency 
Contact'' listed in the specific regulatory action. [[Page 23762]] 

SUPPLEMENTARY INFORMATION: It is hereby certified that the majority of 
the proposed regulations will not have a significant economic impact on 
a substantial number of small entities; accordingly, a regulatory 
flexibility analysis is not required.

Russell D. Morris,

Commissioner.

                                Financial Management Service--Proposed Rule Stage                               
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2736        31 CFR 225  Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds                  
            with Sureties.........................................................................    1510-AA36 
2737        31 CFR 203  Treasury Tax and Loan Depositaries........................................    1510-AA37 
2738        31 CFR 205  Rules and Procedures for Funds Transfers..................................    1510-AA38 
2739        31 CFR 240  Indorsement and Payment of Checks Drawn on the United States Treasury.....    1510-AA45 
2740        31 CFR 206  Management of Federal Agency Receipts, Disbursements, and Operation of the              
            Cash Management Improvements Fund.....................................................    1510-AA47 
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Final Rule Stage                                 
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2741        31 CFR 210  Federal Government Participation in the Automated Clearing House..........    1510-AA17 
2742        31 CFR 209  Payment to Financial Institutions for Credit to Accounts of Employees and               
            Beneficiaries.........................................................................    1510-AA30 
2743        31 CFR 202  Depositaries and Financial Agents of the Government.......................    1510-AA42 
2744        31 CFR 247  Regulations Governing FedSelect Checks....................................    1510-AA44 
2745        31 CFR 203  Treasury Tax and Loan Depositaries........................................    1510-AA46 
----------------------------------------------------------------------------------------------------------------


                            Financial Management Service--Completed/Longterm Actions                            
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2746        31 CFR 204  Withdrawal of Cash From the Treasury for Cash Advances Under Federal                    
            Programs..............................................................................    1510-AA35 
2747        31 CFR 205  Rules and Procedures for Funds Transfers..................................    1510-AA40 
----------------------------------------------------------------------------------------------------------------




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

2736. ACCEPTANCE OF BONDS SECURED BY GOVERNMENT OBLIGATIONS IN LIEU 
OF BONDS WITH SURETIES

Priority:  Substantive, Nonsignificant

Legal Authority:  31 USC 321; 31 USC 9301; 31 USC 9303; 12 USC 391

CFR Citation:  31 CFR 225

Legal Deadline: None

Abstract: This regulation was last updated in 1978. Since that time, 
several significant changes have taken place in pledging securities. 
The most significant has been the advent of book-entry securities. 
There have been no identified costs to government, business or 
individuals. The benefit of this revision will be the addition of 
flexibility to federal agencies to design operating procedures that 
consider the unique characteristics of their operations, systems, 
policies, legislation, regulations and expectations of their customers 
and programs.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: Federal

Agency Contact: John Galligan, Director, Cash Management Policy & 
Planning Division, Department of the Treasury, Financial Management 
Service, Room 420, 401 14th Street SW., Washington, DC 20227, 202 874-
6657

RIN: 1510-AA36


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

[[Page 23763]]
2737. TREASURY TAX AND LOAN DEPOSITARIES

Priority:  Economically Significant

Legal Authority:  26 USC 6302(h); 31 USC 321; 31 USC 323; 31 USC 3122; 
31 USC 3301; 31 USC 3302; 31 USC 3720; 12 USC 90; 12 USC 265; 12 USC 
391

CFR Citation:  31 CFR 203

Legal Deadline: None

Abstract: Revision of 31 CFR part 203 is in accordance with the 
development and implementation of the Electronic Federal Tax Payment 
System. This will replace the current Treasury Tax and Loan Depositary 
(TT&L) system. The benefits will be the elimination of 1 day float and 
Federal Tax Deposit coupons for TT&L deposits. This rule will also 
mandate Electronic Funds Transfer for Federal tax payments.

Statement of Need: The collection of Federal taxes by an electronic 
funds transfer system is required by statute, which also directs the 
Secretary of the Treasury to prescribe regulations for the development 
and implementation of the system. 26 USC 6302(h). Regulations to be 
issued by the Financial Management Service (FMS) are necessary for the 
orderly execution of the system; a companion regulation has been issued 
by the Internal Revenue Service.
The current system for the collection of taxes is based on paper 
coupons: Financial institution depositaries collect the deposits and 
process paper coupons. The regulation will reflect the change from a 
paper based system to an electronic funds transfer system, thus 
eliminating the need for the paper coupons.

Summary of the Legal Basis: The Treasury Department is directed by law 
to increase the percentage of certain Federal taxes that are collected 
using electronic funds transfer each fiscal year, beginning with a 3 
percent threshold in fiscal year 1994. This requirement will be 
implemented by the FMS.

Alternatives: The electronic funds transfer method is required by 
statute. The technical configuration of the system has not been 
determined. The FMS will solicit alternatives from affected industry 
sources.

Anticipated Costs and Benefits: As a result of the new system, the 
Federal Government will realize a net benefit by accelerating the 
deposit of certain Federal taxes to the Treasury. The FMS estimates 
this benefit to be $813.3 million over a 6-year period beginning in 
fiscal year 1995, and $178.4 million annually thereafter. In addition, 
the FMS estimates that the change will eliminate $6.2 million annually 
in payments to financial institutions for paper coupon processing. 
Because the technical configuration of the system has not been 
determined, the associated development costs are unknown.

Risks: The FMS evaluates and establishes policies and practices to 
protect the Federal Government from several types of automated payment 
risk. The first type of risk is operational, or systemic, risk 
requiring accurate and secure operating practices, encryption of 
payment related data transmissions, redundant facilities, and backup 
and recovery procedures. A second risk is credit, or settlement, risk 
associated with the financial condition of parties to the transaction. 
The third risk is fraud. The FMS establishes regulatory policies to 
limit the Federal Government's liabilities in relation to the second 
and third areas of risk. In addition, the FMS controls access for 
settlement of automated funds directly to Treasury's account at the 
Federal Reserve. Further, the FMS establishes and monitors adherence to 
stringent requirements for financial services providers supporting 
Federal automated payments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/30/95
NPRM Comment Period End         12/31/95

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Agency Contact: Donald Clark, Financial Program Specialist, Cash 
Management Policy & Planning Division, Department of the Treasury, 
Financial Management Service, Room 420, 401 14th Street SW., 
Washington, DC 20227, 202 874-7106

RIN: 1510-AA37
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

2738. RULES AND PROCEDURES FOR FUNDS TRANSFERS

Priority:  Other Significant

Legal Authority:  5 USC 301; 31 USC 321; 31 USC 3335; 31 USC 6501; 31 
USC 6503

CFR Citation:  31 CFR 205

Legal Deadline: None

Abstract: This regulation governs the transfer of Federal Assistance 
Funds to state governments and implements the Cash Management 
Improvement Act of 1990, as amended. Revisions to the regulation will 
address concerns raised by both states and Federal agencies about 
intergovernmental financing. Rules and procedures for funds transfers 
will be revised to provide more options and greater flexibility. In 
addition, the revisions will alleviate fiscal and administrative 
burdens placed on states by the current regulation.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95
NPRM Comment Period End         05/00/95
Final Action                    06/00/95
Final Action Effective          07/00/95

Small Entities Affected: None

Government Levels Affected: State, Federal

Agency Contact: Catherine McHugh, Financial Program Specialist, Cash 
Management Policy & Planning Division, Department of the Treasury, 
Financial Management Service, Room 404C, 401 14th Street SW., 
Washington, DC 20227, 202 874-6749

RIN: 1510-AA38
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

2739. INDORSEMENT AND PAYMENT OF CHECKS DRAWN ON THE UNITED STATES 
TREASURY

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 12 USC 391; 31 USC 321; 31 USC 3328; 31 
USC 3331; 31 USC 3343; 31 USC 3711; 31 USC 3716; 31 USC 3717; 332 US 
234 (1947); 318 US 363 (1943)

CFR Citation:  31 CFR 240

Legal Deadline: None

Abstract: This rule amends existing regulations governing the 
indorsement and payment of checks drawn on the United States Treasury. 
The changes [[Page 23764]] define: 1) first examination as it applies 
to the payment of checks and a reasonable time for notice of refusal to 
pay a check; 2) the presenting bank's responsibility to determine 
whether a check is counterfeit before accepting it for negotiation; and 
3) reclamation of counterfeit checks after expiration of the time 
reserved for the completion of first examination. By implementing these 
changes, banks will have a clear understanding of when a U.S. Treasury 
check is paid and within what time frames they can expect the U.S. 
Treasury to refuse payment of a check.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95
NPRM Comment Period End         05/15/95
Final Action                    07/15/95

Small Entities Affected: None

Government Levels Affected: Federal

Agency Contact: Edith K. Wells, Program Analyst, Financial Information, 
Department of the Treasury, Financial Management Service, Room 800B, 
3700 East-West Highway, Hyattsville, MD 20782, 202 874-8263

RIN: 1510-AA45
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Financial Management Service (FMS)
______________________________________________________________________


2740.  MANAGEMENT OF FEDERAL AGENCY RECEIPTS, 
DISBURSEMENTS, AND OPERATION OF THE CASH MANAGEMENT IMPROVEMENTS FUND

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 31 USC 321; 31 USC 3301; 31 USC 3302; 31 
USC 3321; 31 USC 3327; 31 USC 3328; 31 USC 3332; 31 USC 3335; 31 USC 
3335 note; 31 USC 3720; 31 USC 6501 note; 31 USC 6503 note

CFR Citation:  31 CFR 206

Legal Deadline: None

Abstract: This revision to 31 CFR part 206 implements section 402 of 
the Government Management Reform Act of 1994, PL 103-356, which 
requires that all Federal wage, salary and retirement payments be 
disbursed by electronic funds transfer (EFT), unless another 
disbursement method is determined to be appropriate under the waiver 
standards promulgated by Treasury. This mandatory EFT provision only 
applies to recipients of Federal wage, salary and retirement payments 
who begin to receive such payments on or after January 1, 1995. The 
revision to 31 CFR Part 206 will establish appropriate group waiver 
standards and provide for the efficient, effective and orderly 
implementation of the Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95
NPRM Comment Period End         04/00/95
Final Action                    05/00/95
Final Action Effective          06/00/95

Small Entities Affected: None

Government Levels Affected: Federal

Agency Contact: Aurora Kassalow, Financial Program Specialist, Cash 
Management Policy Planning Division, Department of the Treasury, 
Financial Management Service, 401 14th St SW., Room 420, Washington, DC 
20227, 202 874-5742

RIN: 1510-AA47



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

2741. FEDERAL GOVERNMENT PARTICIPATION IN THE AUTOMATED CLEARING 
HOUSE

Priority:  Other Significant

Legal Authority:  31 USC 3720; 31 USC 3335; 31 USC 321; 5 USC 5525; 31 
USC 3322; 31 USC 3332; 31 USC 3321; 31 USC 3301; 31 USC 3302; 12 USC 
391

CFR Citation:  31 CFR 210

Legal Deadline: None

Abstract: Revision of 31 CFR part 210 will attempt reconciliation of 
Government Automated Clearing House (ACH) regulations and private 
industry rules as set forth by the National Automated Clearing House 
Association. The revision will broaden the use of the ACH method 
through establishing the Government as an ACH receiver. Also, the 
provision will pursue a totally electronic environment by establishing 
a regulatory framework for automation of all related parts of the ACH 
process.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/30/94                    59 FR 50112
Extension of Comment Period     11/25/94                    59 FR 60576
NPRM Comment Period End         11/29/94
Comment Period End              01/03/95                    59 FR 60576
Final Action                    04/00/95

Small Entities Affected: None

Government Levels Affected: Undetermined

Agency Contact: Berenice Reed, Financial Program Specialist, Cash 
Management Policy & Planning Division, Department of the Treasury, 
Financial Management Service, Room 408D, 401 14th Street SW., 
Washington, DC 20227, 202 874-6799

RIN: 1510-AA17
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

2742. PAYMENT TO FINANCIAL INSTITUTIONS FOR CREDIT TO ACCOUNTS OF 
EMPLOYEES AND BENEFICIARIES

Priority:  Substantive, Nonsignificant

Legal Authority:  31 USC 321; 31 USC 3322; 31 USC 3332

CFR Citation:  31 CFR 209

Legal Deadline: None

Abstract: This proposed revision is a separate action from the revision 
to 31 CFR Part 209 published December 12, 1992, in a notice of proposed 
rulemaking. This revision proposes to remove Part 209 in its entirety. 
This Part governs the regular remittance to financial institutions of 
Federal payments which are for credit to the accounts of employees and 
beneficiaries. Regulations at 31 CFR Part 210, implemented July 1, 
1994, require that financial institutions receive Government Automated 
Clearing House transactions through electronic means. This regulatory 
change made a separate Part 209 [[Page 23765]] regarding checks 
unnecessary. In addition, proposed revisions to 31 CFR Part 210, 
Federal Government Participation in the Automated Clearing House, make 
substantive changes that supersede the savings allotment provisions of 
Part 209, because savings allotment and recurring benefit payments 
formerly made under the terms of Part 209 are made by the Automated 
Clearing House method under the terms of Part 210.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/04/92                    57 FR 57400
NPRM Comment Period End         01/04/93                    57 FR 57400
NPRM                            08/04/93                    58 FR 41449
Comment Period End              09/03/93                    58 FR 41449
NPRM                            01/04/95                      60 FR 416
Comment Period End              02/03/95                      60 FR 416
Final Action                    04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Berenice Reed, Financial Program Specialist, Cash 
Management Policy & Planning Division, Department of the Treasury, 
Financial Management Service, Room 408D, 401 14th Street SW., 
Washington, DC 20227, 202 874-6799

RIN: 1510-AA30
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

2743. DEPOSITARIES AND FINANCIAL AGENTS OF THE GOVERNMENT

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 265; 12 USC 266; 12 USC 1464(k); 12 USC 1789a; 
12 USC 3102; 12 USC 90

CFR Citation:  31 CFR 202

Legal Deadline: None

Abstract: This regulatory action revises regulations governing (1) the 
designation of depositaries and financial agents of the Government and 
their authorization to accept deposits of public money and perform 
other specific services; and (2) the securing of public moneys in those 
depositaries. The revision removes references to financial institution 
insurance provided by the Federal Savings and Loan Insurance 
Corporation, which no longer exists, clarifies existing language 
regarding the valuation of collateral securities, and updates 
authorities for the regulation.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: Federal

Agency Contact: Donald Clark, Financial Program Specialist, Cash 
Management Planning & Policy Division, Department of the Treasury, 
Financial Management Service, 401 14th Street SW., Room 420, 
Washington, DC 20227, 202 874-6657

RIN: 1510-AA42
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Financial Management Service (FMS)
______________________________________________________________________

2744. REGULATIONS GOVERNING FEDSELECT CHECKS

Priority:  Substantive, Nonsignificant

Legal Authority:  31 USC 327; 31 USC 3327

CFR Citation:  31 CFR 247

Legal Deadline: None

Abstract: This proposed rule sets forth procedural instructions for 
using FedSelect checks. FedSelect is an alternative payment option, in 
addition to the preferred option of electronic payments, offered in 
response to customer needs for a new paper instrument. The rule defines 
the rights, responsibilities and liabilities of the Federal Government, 
Federal Reserve Banks and banks in connection with FedSelect checks. 
The rules for FedSelect checks will differ from those rules applying to 
Treasury checks in three important ways. First, FedSelect checks will 
be negotiable for 90 days after issuance, not one year. Second, Federal 
agencies, at their own discretion, can put a stop payment on FedSelect 
checks. Third, in all matters not addressed by the proposed rule, 
FedSelect checks will be governed by the Uniform Commercial Code and 
Federal Reserve Regulations J and CC. The regulations governing 
Treasury checks are inapplicable to FedSelect checks, unless otherwise 
provided by statute or proposed rule.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/21/94                    59 FR 53125
NPRM Comment Period End         11/21/94
Extension of Comment Period     11/28/94                    59 FR 60739
Comment Period End              12/21/94
Final Action                    04/00/95

Small Entities Affected: None

Government Levels Affected: Federal

Agency Contact: Gary Garner, Financial Program Specialist, Cash 
Management Policy & Planning Division, Department of the Treasury, 
Financial Management Service, Room 420, 401 14th Street SW., 
Washington, DC 20227, 202 874-6751

RIN: 1510-AA44
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Financial Management Service (FMS)
______________________________________________________________________


2745.  TREASURY TAX AND LOAN DEPOSITARIES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 6302(h); 31 USC 321; 31 USC 323; 31 USC 3122; 
31 USC 3301; 31 USC 3302; 31 USC 3720; 12 USC 90; 12 USC 265; 12 USC 
391

CFR Citation:  31 CFR 203

Legal Deadline: None

Abstract: This interim regulation governs financial institutions making 
Federal tax payments via electronic funds transfer to the Treasury 
electronic Federal tax payment pilot system. The primary impact will be 
the elimination of one-day float and Federal tax deposit coupons.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              04/00/95
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: Undetermined

Agency Contact: Donald Clark, Financial Program Specialist, Cash 
Management Policy & Planning Division, Department of the Treasury, 
Financial Management Service, 401 14th St. SW. Room 420, Washington, DC 
20227, 202 874-7106

RIN: 1510-AA46


[[Page 23766]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Financial Management Service (FMS)
______________________________________________________________________

2746. WITHDRAWAL OF CASH FROM THE TREASURY FOR CASH ADVANCES UNDER 
FEDERAL PROGRAMS

CFR Citation:  31 CFR 204

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       02/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Catherine McHugh, 202 874-6749

RIN: 1510-AA35
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Financial Management Service (FMS)
______________________________________________________________________


2747. RULES AND PROCEDURES FOR FUNDS TRANSFERS

CFR Citation:  31 CFR 205

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    10/13/94                    59 FR 51855
Final Action Effective          11/14/94                    59 FR 51855

Small Entities Affected: None

Government Levels Affected: State

Agency Contact: Catherine McHugh, 202 874-6749

RIN: 1510-AA40
[FR Doc. 95-6600 Filed 05-05-95; 8:45 am]
BILLING CODE 4810-35-F



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

Bureau of Alcohol, Tobacco and Firearms

27 CFR Ch. I

[Notice No. 806]

Unified Agenda of Federal Regulations

AGENCY: Bureau of Alcohol, Tobacco and Firearms (ATF), Treasury.

ACTION: General notice; Unified Agenda of Federal Regulations of 
regulatory projects under development, consideration, and review.

______________________________________________________________________

SUMMARY: Pursuant to section 4 of Executive Order 12866 entitled 
``Regulatory Planning and Review,'' ATF is publishing an agenda of 
proposed regulations that are expected to be issued and of proposed 
regulations that have been issued and an agenda of existing regulations 
that are being reviewed under the terms of the Executive order within 
the next 6 months. The latter agenda also lists regulatory projects 
identified for review pursuant to the ATF Regulatory Reform Program. 
Pursuant to section 610 of the Regulatory Flexibility Act (Pub. L. 96-
354; 5 U.S.C. 610), ATF is also indicating whether a regulatory project 
is likely to have a significant economic impact upon a substantial 
number of small entities.

    This general notice is designed to give the public adequate 
notice of the regulatory activities being contemplated by ATF.

    The agenda is based on information available at the present 
time. The next Unified Agenda of Federal Regulations will be 
published in the Federal Register of October 1995.

FOR FURTHER INFORMATION CONTACT: For information about any particular 
regulatory project, contact the person listed in the subheading 
``Agency Contact'' for the regulatory project. For general information 
about this general notice, contact Angela Shanks, Revenue Programs 
Division, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., Washington, DC 20226, (202) 927-8230.

Issuance

    By direction of the Secretary of the Treasury, this general 
notice reads as set forth below.

Dated: February 22, 1995.

John W. Magaw,

Director.

                          Bureau of Alcohol, Tobacco and Firearms--Proposed Rule Stage                          
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2748        27 CFR 9  American Viticultural Areas.................................................    1512-AA07 
2749        27 CFR 7  Standard of Identity for Malt Liquor........................................    1512-AA95 
2750        27 CFR 252  Recodification of 27 CFR Part 252 as 27 CFR Part 28.......................    1512-AA98 
2751        27 CFR 7  Alcoholic Content Labeling for Malt Beverages...............................    1512-AB17 
2752        27 CFR 25.205  Production of Beer for Personal or Family Use at Brew-on- Premises                   
            Facilities............................................................................    1512-AB18 
2753        27 CFR 4  Use of Term ``Reserve'' on Wine Labels......................................    1512-AB25 
2754        27 CFR 4.25a(d) to 4.25a(e)  Multistate Appellations of Origin for Contiguous States..    1512-AB28 
2755        27 CFR 4.47 (New)  Procedures for Revoking Previously Approved Certificates of Label                
            Approval, Exemptions From Label Approval, or Distinctive Liquor Bottle Approvals......    1512-AB34 
2756        27 CFR 53  Firearms and Ammunition Excise Taxes.......................................    1512-AB33 
2757        27 CFR 55  Implementation of Public Law 103-322, The Violent Crime Control and Law                  
            Enforcement Act of 1994...............................................................    1512-AB35 
2758        27 CFR 290  Exportation of Tobacco Products and Cigarette Papers and Tubes, Without                 
            Payment of Tax, or With Drawback of Tax...............................................    1512-AB03 
----------------------------------------------------------------------------------------------------------------


                                                                                                                
                             [[Page 23767]]
                            Bureau of Alcohol, Tobacco and Firearms--Final Rule Stage                           
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation  
 Sequence                                          Title                                            Identifier  
  Number                                                                                              Number    
----------------------------------------------------------------------------------------------------------------
2759        27 CFR 197  Nonbeverage Drawback....................................................     1512-AA20  
2760        27 CFR 4  Winegrape Varietal Designations...........................................     1512-AA67  
2761        27 CFR 4  Grape Wine Designation--Gamay Beaujolais..................................     1512-AB08  
2762        27 CFR 6  Revision of the Trade Practice Regulations................................     1512-AB10  
2763        27 CFR 24.246  New Wine Treating Materials and Processes............................     1512-AB26  
2764        27 CFR 4  Lot Identification Markings on Labels or Containers of Distilled Spirits,                 
            Wine, and Beer......................................................................     1512-AB32  
2765        27 CFR 178  Brady Bill Regulations..................................................     1512-AB23  
2766        27 CFR 47.52  Importation of Arms and Ammunition and Implements of War..............     1512-AB36  
2767        27 CFR 70.511 to 70.526  27 CFR Part 70--Conference and Practice Requirements for                   
            the Bureau of Alcohol, Tobacco and Firearms.........................................     1512-AB11  
----------------------------------------------------------------------------------------------------------------


                       Bureau of Alcohol, Tobacco and Firearms--Completed/Longterm Actions                      
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2768        27 CFR 250  Recodification of 27 CFR Part 250 as 27 CFR Part 26.......................    1512-AA69 
2769        27 CFR 27  Recodification of 27 CFR Part 251 as 27 CFR Part 27........................    1512-AA72 
2770        27 CFR 5.23(a)(3)(ii)  Alteration of Class and Type Vodka.............................    1512-AB22 
2771        27 CFR 4  Nutrition Labeling for Wine, Distilled Spirits, and Malt Beverages..........    1512-AB29 
2772        27 CFR 178  Handgun Factor and Criteria...............................................    1512-AB24 
2773        27 CFR 285  27 CFR Part 285, Manufacture of Cigarette Papers and Tubes................    1512-AA33 
----------------------------------------------------------------------------------------------------------------




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2748. AMERICAN VITICULTURAL AREAS

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205

CFR Citation:  27 CFR 9

Legal Deadline: None

Abstract: Establishes grape-growing regions as American viticultural 
areas for purposes of labeling and advertising of wine.

Timetable:

Cucamonga Valley, CA (Marj Ruhf)  NPRM 12/02/94 (59 FR 61853)  NPRM 
Comment Period End 01/31/95  Future Final Rule 05/00/95

Mendocino Ridge, CA (contact David Brokaw)  NPRM 05/00/95

Puget, WA (contact David Brokaw)  NPRM 05/00/95

St. Helena, CA (contact Robert White)  NPRM 11/04/94 (59 FR 
55226)  NPRM Comment Period End 02/02/95  FUTURE FINAL ACTION 09/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: See Timetable, American Viticultural Areas, Department 
of the Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 
Massachusetts Avenue NW., Washington DC 20226, 202 927-8230

RIN: 1512-AA07
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2749. STANDARD OF IDENTITY FOR MALT LIQUOR

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205(e)

CFR Citation:  27 CFR 7

Legal Deadline: None

Abstract: A coalition of consumer organizations has petitioned ATF to 
establish a standard of identity for the labeling of malt liquor. 
Currently there are no standards of identity for any malt beverages. 
ATF is considering Regulatory action relating to a standard of identity 
or the use of the term Malt Liquor for designating a Malt Beverage.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           04/19/93                    58 FR 21126
ANPRM Comment Period End        07/19/93
ANPRM Comment Period Extended   07/19/93                    58 FR 38542
ANPRM Comment Period Extended 
End                             09/17/93
NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Charles Bacon, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AA95
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2750. RECODIFICATION OF 27 CFR PART 252 AS 27 CFR PART 28

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  27 CFR 252 [[Page 23768]] 

Legal Deadline: None

Abstract: To update and clarify regulations relating to the exportation 
of distilled spirits, wine, and beer and to incorporate related ATF 
Rulings into the regulations. Also, to review recordkeeping 
requirements based on increased smuggling and diversion.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           09/08/92                    57 FR 40887
ANPRM Comment Period End        10/08/92
ANPRM Comment Period Extended   10/15/92                    57 FR 47320
ANPRM Comment Period Extended 
End                             12/07/92
NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ed Reisman, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8210

RIN: 1512-AA98
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2751. ALCOHOLIC CONTENT LABELING FOR MALT BEVERAGES

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205(e)

CFR Citation:  27 CFR 7

Legal Deadline: None

Abstract: A 10/28/92 Decision in the U.S. District Court for the 
District of Colorado held that the Federal Alcohol Administration Act 
prohibition against the statement of Alcoholic content on malt beverage 
labels is unconstitutional under the first amendment. ATF issued an 
interim rule on 4/19/93 which permits the optional labeling of malt 
beverages with their alcoholic content. The Supreme Court heard oral 
arguments in the appeal of this court decision on 11/30/94. A decision 
is expected in the spring of 1995. Based on public comments and the 
Supreme Court's decision, ATF will issue either a NPRM or a Final Rule 
on the subject of Alcohol Content Labeling of Malt Beverages.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/19/93                    58 FR 21233
Interim Final Rule              04/19/93                    58 FR 21228
NPRM Comment Period End         07/19/93
NPRM Comment Period Extended    07/19/93                    58 FR 38543
NPRM Comment Period Extended End09/17/93
NPRM                            09/00/95
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Charles Bacon, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AB17
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2752. PRODUCTION OF BEER FOR PERSONAL OR FAMILY USE AT BREW-ON- 
PREMISES FACILITIES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 5051; 26 USC 5053(e)

CFR Citation:  27 CFR 25.205; 27 CFR 25.206

Legal Deadline: None

Abstract: ATF is considering issuing regulations relating to the 
production of beer and the operation of Brew-on-Premises Business. 
Under the statutory exemption provide at 26 U.S.C. 5053(e), adults may 
produce beer for personal or family use without payment of tax. Since 
there is no restriction on the place where such beer may be produced, 
Brew-on-Premises have come into existence as commercial establishments 
where adults may produce such beer. Regulations may require proprietors 
of brew-on-premises to provide notice to ATF and to keep certain 
records.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Charles Bacon, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AB18
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2753. USE OF TERM ``RESERVE'' ON WINE LABELS

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205

CFR Citation:  27 CFR 4

Legal Deadline: None

Abstract: ATF is considering amending the regulations to include a 
definition for the term ``reserve'' when used on wine labels.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           03/17/94                    59 FR 12566
ANPRM Comment Period Extended   06/14/94                    59 FR 30560
ANPRM Comment Period End        06/15/94
ANPRM Comment Period Extended 
End                             07/15/94
NPRM                            07/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Agency Contact: James Ficaretta, Coordinator, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., Washington, DC 20226, 202 927-8230

RIN: 1512-AB25
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2754. MULTISTATE APPELLATIONS OF ORIGIN FOR CONTIGUOUS STATES

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205

CFR Citation:  27 CFR 4.25a(d) to 4.25a(e)

Legal Deadline: None

Abstract: ATF is proposing to amend its regulations to liberalize the 
requirements for using a multistate appellation of origin on a wine 
label.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/14/93                    58 FR 65295
NPRM Comment Period End         01/13/94
NPRM Comment Period Extended    01/18/94                     59 FR 2548
NPRM Comment Period Extended End03/21/94
NPRM                            05/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None [[Page 23769]] 

Agency Contact: David Brokaw, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AB28
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2755. PROCEDURES FOR REVOKING PREVIOUSLY APPROVED CERTIFICATES OF 
LABEL APPROVAL, EXEMPTIONS FROM LABEL APPROVAL, OR DISTINCTIVE LIQUOR 
BOTTLE APPROVALS

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205; 26 USC 5301; 26 USC 7805

CFR Citation:  27 CFR 4.47 (New); 27 CFR 4.53 (New); 27 CFR 5.54 (New); 
27 CFR 5.57 (New); 27 CFR 7.32 (New); 27 CFR 7.43 (New); 27 CFR 19.640 
(New); 27 CFR 71.1; 27 CFR 71.11; 27 CFR 71.51 (New)

Legal Deadline: None

Abstract: This notice of proposed rulemaking proposes to establish 
regulatory procedures to revoke previously approved certificates of 
label approval, exemptions from label approval, or distinctive liquor 
bottle approvals. These revocation procedures are necessary where label 
approvals, etc., have been approved in error. Adoption of these 
procedures will allow ATF to revoke, in an orderly and efficient 
manner, label approvals, exemptions from label approval, or distinctive 
liquor bottle approvals which have been approved in error and will 
provide for appeals by industry members.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert White, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington DC 20226, 202 927-8230

RIN: 1512-AB34
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   FIREARMS

______________________________________________________________________

2756. FIREARMS AND AMMUNITION EXCISE TAXES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 4181

CFR Citation:  27 CFR 53

Legal Deadline: None

Abstract: Proposed regulations will simplify the deposit rules for 
firearms and ammunition manufacturers excise taxes by revising the 
method for making deposits of these taxes.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Tami Light, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8210

RIN: 1512-AB33
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   FIREARMS

______________________________________________________________________

2757.  IMPLEMENTATION OF PUBLIC LAW 103-322, THE VIOLENT 
CRIME CONTROL AND LAW ENFORCEMENT ACT OF 1994

Priority:  Other Significant

Legal Authority:  5 USC 522(a); 18 USC 847; 18 USC 921 to 930; 18 USC 
1261; 19 USC 1607; 19 USC 1610; 19 USC 1612 to 1613; 19 USC 1618; 26 
USC 7101; 26 USC 7322 to 7326; 31 USC 9301; 31 USC 9303 to 9304; 31 USC 
9306; 40 USC 304(k); 44 USC 3504(h); ...

CFR Citation:  27 CFR 55; 27 CFR 72; 27 CFR 178; 27 CFR 179

Legal Deadline: None

Abstract: ATF is issuing this temporary rule to implement the 
provisions of Public Law 103-322, the Violent Crime Control and Law 
Enforcement Act of 1994, enacted September 13, 1994. These regulations 
implement the law by restricting the manufacture, transfer, and 
possession of certain semiautomatic assault weapons and large capacity 
ammunition feeding devices. Regulations are also prescribed with regard 
to reports of theft or loss of firearms from a licensee's inventory or 
collection, new requirements for Federal firearms licensing, responses 
by firearms licensees to requests for gun trace information, possession 
of firearms by persons subject to restraining orders, and possession of 
a handgun, or ammunition for a handgun, by juveniles.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95
Interim Final Rule              05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James Ficaretta, Coordinator, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., Washington, DC 20226, 202 927-8230

RIN: 1512-AB35
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   TOBACCO PRODUCTS

______________________________________________________________________


2758. EXPORTATION OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND 
TUBES, WITHOUT PAYMENT OF TAX, OR WITH DRAWBACK OF TAX

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  27 CFR 290

Legal Deadline: None

Abstract: ATF is proposing the recodification of 27 CFR part 290 in 
order to review recordkeeping requirements because of the increase in 
smuggling and diversion of tobacco products. This proposal could result 
in the use of commercial records in lieu of U.S. Customs' supervision 
and certification. The elimination of certain forms could result from 
this proposal.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           09/08/92                    57 FR 40889
ANPRM Comment Period End        10/08/92
ANPRM Comment Period Extended   01/08/93                     58 FR 3247
ANPRM Comment Period Extended 
End                             03/09/93
NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Marjorie Ruhf, Specialist, Department of the Treasury, 
[[Page 23770]] Bureau of Alcohol, Tobacco and Firearms, 650 
Massachusetts Avenue NW., Washington, DC 20226, 202 927-8210

RIN: 1512-AB03



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2759. NONBEVERAGE DRAWBACK

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 5131

CFR Citation:  27 CFR 197

Legal Deadline: None

Abstract: To update, clarify, simplify, and recodify the regulations 
relating to drawback of tax on distilled spirits used in the 
manufacture of non-beverage products.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/29/87                    52 FR 28286
NPRM Comment Period End         10/29/87
NPRM                            08/31/92                    57 FR 39536
NPRM Comment Period End         09/30/92
NPRM Comment Period Extended    10/01/92                    57 FR 45357
NPRM Comment Period Extended End10/30/92
Final Action                    09/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: SMALL ENTITIES CONT: This regulation affects 
approximately 500 small entities.

Agency Contact: Steve Simon, Specialist, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8210

RIN: 1512-AA20
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2760. WINEGRAPE VARIETAL DESIGNATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205(e)

CFR Citation:  27 CFR 4

Legal Deadline: None

Abstract: This proposal would establish a list of winegrape varietal 
names which may be used as the type designation on American wine 
labels. Establishment of this list will standardize labeling 
terminology and make labels less confusing for consumers to read. They 
will also assist in more accurate identification of wines labeled with 
the grape variety used.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            02/04/86                     51 FR 4392
NPRM Comment Period End         04/07/86
NPRM Comment Period Extended    04/08/86                    51 FR 11944
NPRM Comment Period Extended End07/07/86
NPRM                            09/03/92                    57 FR 40380
NPRM Comment Period End         10/05/92
NPRM Comment Period Extended    10/26/92                    57 FR 48487
NPRM Comment Period Extended End12/28/92
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Charles Bacon, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AA67
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2761. GRAPE WINE DESIGNATION--GAMAY BEAUJOLAIS

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205(e)

CFR Citation:  27 CFR 4

Legal Deadline: None

Abstract: Gamay Beaujolais has been used as a term to identify certain 
wines made from pinot noir or Napa Gamay grapes. Since Gamay Beaujolais 
is not the name of a grape variety, its usage on wine labels has been 
questioned. A notice of proposed rulemaking was published in the 
Federal Register on 4/5/94. Comment period was closed on 7/5/94. This 
rulemaking project was formerly included in rulemaking for winegrape 
varietal designation, RIN 1512-AA67.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/05/94                    59 FR 15878
NPRM Comment Period End         07/05/94
Final Action                    07/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: James Hunt, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AB08
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2762. REVISION OF THE TRADE PRACTICE REGULATIONS

Priority:  Other Significant

Legal Authority:  27 USC 205

CFR Citation:  27 CFR 6; 27 CFR 8; 27 CFR 10; 27 CFR 11

Legal Deadline: None

Abstract: The intent of the proposed revisions and amendments will be 
to define permitted market practices within the existing statutory 
framework as well as to update, simplify, and/or clarify various 
interpretations of the Federal Alcohol Administration Act and to 
incorporate the findings of the Fedway Associates, Inc., decision.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/26/94                    59 FR 21698
NPRM Comment Period Extended    06/06/94    59 FR 29215 [[Page 23771]] 
Extended Comment Period End     07/27/94
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Marjorie Ruhf, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AB10
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2763. NEW WINE TREATING MATERIALS AND PROCESSES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 5382; 26 USC 5368; 26 USC 5388

CFR Citation:  27 CFR 24.246; 27 CFR 24.248

Legal Deadline: None

Abstract: This regulation will allow winemakers to use new wine 
treating materials and processes in the production, cellar treatment, 
and finishing off wine, if such materials and processes are found by 
the wine industry to be in accordance with ``good commercial 
practice.'' No alternatives are being considered. No cost is associated 
with this action. This action will benefit winemakers by giving them 
more tools to produce quality wine and will benefit consumers by 
ensuring that more quality wine is available for purchase.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/30/94                    59 FR 49870
NPRM Comment Period End         11/29/94
Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert White, Coordinator, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8230

RIN: 1512-AB26
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   ALCOHOL

______________________________________________________________________

2764. LOT IDENTIFICATION MARKINGS ON LABELS OR CONTAINERS OF 
DISTILLED SPIRITS, WINE, AND BEER

Priority:  Substantive, Nonsignificant

Legal Authority:  27 USC 205(e); 26 USC 5201; 26 USC 5368; 26 USC 5412

CFR Citation:  27 CFR 4; 27 CFR 5; 27 CFR 7; 27 CFR 19; 27 CFR 24; 27 
CFR 25

Legal Deadline: None

Abstract: Proposed regulations will require that the labels or 
containers for distilled spirits, wine, and beer be marked so as to 
indicate the lot to which a particular product belongs.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/13/95                     60 FR 3171
NPRM Comment Period End         03/14/95
Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Daniel J. Hiland, Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., Washington DC 20226, 202 927-8210

RIN: 1512-AB32
______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   FIREARMS

______________________________________________________________________

2765. BRADY BILL REGULATIONS

Priority:  Other Significant

Legal Authority:  5 USC 552(a); 18 USC 847; 18 USC 921 to 930; 44 USC 
3504(h)

CFR Citation:  27 CFR 178

Legal Deadline: None

Abstract: ATF is issuing this temporary rule, and notice of proposed 
rulemaking, to implement the provisions of Public Law 103-159, 
including the Brady Handgun Violence Prevention Act. The regulations 
implement the law by imposing a 5-day waiting period before a licensed 
firearms importer, manufacturer, or dealer may lawfully transfer a 
handgun to a unlicensed individual.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            02/14/94                     59 FR 7115
Interim Final Rule              02/14/94                     59 FR 7110
Interim Final Rule Effective    02/28/94
NPRM Comment Period End         05/16/94
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James Ficaretta, Coordinator, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., Washington, DC 20226, 202 927-8230

RIN: 1512-AB23
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   FIREARMS

______________________________________________________________________

2766.  IMPORTATION OF ARMS AND AMMUNITION AND IMPLEMENTS OF 
WAR

Priority:  Substantive, Nonsignificant

Legal Authority:  22 USC 2778

CFR Citation:  27 CFR 47.52

Legal Deadline: None

Abstract: The Department of State recommended that ATF formally add 
Iran, Iraq, Libya, Mongolia, Sudan, and Syria to the list in 27 CFR 
47.52(a) of countries from which the import of defense articles into 
the United States is proscribed, and remove Albania, Bulgaria, 
Kampuchea, Outer Mongolia, and Romania from the list of proscribed 
countries.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Pearl Baylor, Specialist, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8210

RIN: 1512-AB36
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

   PROCEDURAL

______________________________________________________________________


2767. 27 CFR PART 70--CONFERENCE AND PRACTICE REQUIREMENTS FOR THE 
BUREAU OF ALCOHOL, TOBACCO AND FIREARMS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805 [[Page 23772]] 

CFR Citation:  27 CFR 70.511 to 70.526

Legal Deadline: None

Abstract: To document the adoption of certain conference and practice 
rules from IRS regulations in 26 CFR part 600 to ATF regulations in 27 
CFR part 70. Currently the conference and practice regulations for ATF 
are still found in 26 CFR part 600 which is administered by IRS. By 
this final rule Sections 601.521 through 601.525 are adopted in whole 
and applicable sections of 601.501 through 601.509 are adopted in part 
and placed in 27 CFR part 70 which is administered by ATF.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Nancy Bryce, Specialist, Department of the Treasury, 
Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts Avenue NW., 
Washington, DC 20226, 202 927-8220

RIN: 1512-AB11



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

2768. RECODIFICATION OF 27 CFR PART 250 AS 27 CFR PART 26

CFR Citation:  27 CFR 250

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/30/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Steve Simon, 202 927-8210

RIN: 1512-AA69
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

2769. RECODIFICATION OF 27 CFR PART 251 AS 27 CFR PART 27

CFR Citation:  27 CFR 27; 27 CFR 251

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/30/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ed Reisman, 202 927-8210

RIN: 1512-AA72
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

2770. ALTERATION OF CLASS AND TYPE VODKA

CFR Citation:  27 CFR 5.23(a)(3)(ii)

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    12/29/94                    59 FR 67216
Final Action Effective          01/30/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David W. Brokaw, 202 927-8230

RIN: 1512-AB22
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

2771. NUTRITION LABELING FOR WINE, DISTILLED SPIRITS, AND MALT 
BEVERAGES

CFR Citation:  27 CFR 4; 27 CFR 5; 27 CFR 7

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/30/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James Ficaretta, 202 927-8230

RIN: 1512-AB29
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________

2772. HANDGUN FACTOR AND CRITERIA

CFR Citation:  27 CFR 178

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       01/03/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Larry White, 202 927-8320

RIN: 1512-AB24
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Bureau of Alcohol, Tobacco and Firearms (BATF)
______________________________________________________________________


2773. 27 CFR PART 285, MANUFACTURE OF CIGARETTE PAPERS AND TUBES

CFR Citation:  27 CFR 285

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/30/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mary Wood, 202 927-8210

RIN: 1512-AA33
[FR Doc. 95-6597 Filed 05-05-95; 8:45 am]
BILLING CODE 4810-31-F



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
Comptroller of the Currency (OCC)
______________________________________________________________________

Comptroller of the Currency

12 CFR Ch. I

Semiannual Agenda of Regulatory Actions

AGENCY: Office of the Comptroller of the Currency, Treasury.

ACTION: Semiannual agenda of regulations.

______________________________________________________________________

SUMMARY: As required by the Regulatory Flexibility Act and Executive 
Order 12866, the Office of the Comptroller of the Currency (OCC) has 
prepared this semiannual agenda of its rules and regulations currently 
under review and scheduled for review. Regulatory actions taken since 
the publication of the OCC's previous semiannual agenda on November 14, 
1994 (59 FR 58014), are also included. It is expected that this 
semiannual agenda will enable the public to be more aware of and allow 
it [[Page 23773]] to more effectively participate in the OCC's 
regulatory activity.

ADDRESSES: The mailing address for all contacts: Office of the 
Comptroller of the Currency, 250 E Street SW., Washington, DC 20219.

FOR FURTHER INFORMATION CONTACT: For general information about this 
semiannual agenda, contact John Ference, Financial/Regulatory Analyst, 
or Jessie Gates, Ethics/Regulatory Program Assistant, Legislative and 
Regulatory Activities Division, (202) 874-5090.

    For further information about a particular item on this 
semiannual agenda, contact the individual identified as the contact 
person.

SUPPLEMENTARY INFORMATION: Set forth below are regulatory projects 
currently under review or scheduled for review. Some of these 
regulations may be issued jointly with other Federal Government 
agencies.

Dated: February 22, 1995.

Julie L. Williams,

Chief Counsel.

                                Comptroller of the Currency--Proposed Rule Stage                                
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2774        12 CFR 4  Description of Office, Procedures, Public Information; Regulation Review....    1557-AA67 
2775        12 CFR 9  Fiduciary Powers of National Banks and Collective Investment Funds;                       
            Regulation Review.....................................................................    1557-AB12 
2776        12 CFR 3  Capital Rules...............................................................    1557-AB14 
2777        12 CFR 21  Minimum Security Devices and Procedures, Reports of Crimes and Suspected                 
            Crimes and Bank Secrecy Compliance....................................................    1557-AB19 
2778        12 CFR 20  International Operations and Federal Branches and Agencies; Regulation                   
            Review................................................................................    1557-AB26 
2779        12 CFR 1  Investment Securities; Regulation Review....................................    1557-AB37 
2780        12 CFR 7  Interpretive Rulings; Regulation Review.....................................    1557-AB38 
2781        12 CFR 26  Management Official Interlocks; Regulation Review..........................    1557-AB39 
2782        12 CFR 31  Extensions of Credit to National Bank Insiders; Regulation Review..........    1557-AB40 
2783        12 CFR 12  Recordkeeping and Confirmation Requirements for Securities Transactions;                 
            Regulation Review.....................................................................    1557-AB42 
2784        12 CFR 19  Uniform Rules of Practice and Procedure; Regulation Review.................    1557-AB43 
2785        12 CFR 35  Agricultural Loan Loss Amortization; Regulation Review.....................    1557-AB44 
2786        12 CFR 23  Leasing; Regulation Review.................................................    1557-AB45 
2787        12 CFR 24  Community Development Corporation and Project Investments; Regulation                    
            Review................................................................................    1557-AB46 
2788        12 CFR 22  Loans in Areas Having Special Flood Hazards; Regulation Review.............    1557-AB47 
2789        12 CFR 34  Real Estate Lending and Appraisals; Regulation Review......................    1557-AB48 
2790        12 CFR 2  Disposition of Credit Life Insurance Income; Regulation Review..............    1557-AB49 
----------------------------------------------------------------------------------------------------------------


                                  Comptroller of the Currency--Final Rule Stage                                 
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2791        12 CFR 30  Standards for Safety and Soundness.........................................    1557-AB17 
2792        12 CFR 5  Rules, Policies, and Procedures for Corporate Activities; Regulation Review.    1557-AB27 
2793        12 CFR 25  Community Reinvestment Act Regulation......................................    1557-AB32 
2794        12 CFR 8  Assessment of Fees; National Banks; District of Columbia Banks..............    1557-AB41 
----------------------------------------------------------------------------------------------------------------


                             Comptroller of the Currency--Completed/Longterm Actions                            
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2795        12 CFR 16  Securities Offering Disclosure Rules.......................................    1557-AA65 
2796        12 CFR 32  Lending Limits; Regulation Review..........................................    1557-AA72 
2797        12 CFR 19  Independent Annual Audits of Insured Depository Institutions; Suspension                 
            and Debarment of Accountants..........................................................    1557-AB15 
----------------------------------------------------------------------------------------------------------------



[[Page 23774]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2774. DESCRIPTION OF OFFICE, PROCEDURES, PUBLIC INFORMATION; 
REGULATION REVIEW

Priority:  Informational

Legal Authority:  5 USC 301; 5 USC 552; 12 USC 93a; 12 USC 161; 12 USC 
481; 12 USC 482; 12 USC 1818; 12 USC 1821(o); 12 USC 1821(t); 12 USC 
1833e; 15 USC 78l to 78w; 18 USC 641; 18 USC 1905; 18 USC 1906; 31 USC 
9701

CFR Citation:  12 CFR 4; 12 CFR 10; 12 CFR 11; 12 CFR 18; 31 CFR 1

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all of its rules regarding description of office and 
availability of information. The OCC will update its description of 
office, and will clarify its rules on public access to information. The 
OCC will also propose new rules regarding the release of non-public 
documents and testimony in certain legal proceedings, as well as review 
other listed regulations for needed administrative and technical 
changes.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: Revised RIN 1557-AA67 pertains to a total 
review of 12 CFR 4. This total revision will include former projects 
relating to 12 CFR 4.11 (former RIN 1557-AA67) and 12 CFR 4.19 (former 
RIN 1557-AA57); which will no longer be separate projects. ADDITIONAL 
AGENCY CONTACT: Daniel Cooke, Attorney, Legislative & Regulatory 
Activities Division, (202)874-5090, 250 E Street, SW., Washington, DC 
20219.

Agency Contact: Andrew Gutierrez, Attorney, Department of the Treasury, 
Comptroller of the Currency, Legislative & Regulatory Activities, 
Division, 250 E Street SW., Washington, DC 20219, 202 874-5090

RIN: 1557-AA67
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2775. FIDUCIARY POWERS OF NATIONAL BANKS AND COLLECTIVE INVESTMENT 
FUNDS; REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 24 (Seventh); 12 USC 92a; 12 USC 93a; 12 USC 
481; 15 USC 78c(a)(34)(B); 15 USC 78q; 15 USC 78q-1; 15 USC 78w

CFR Citation:  12 CFR 9

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating or modifying regulations that 
impose unnecessary burdens relative to maintaining safety and soundness 
and accomplishing other statutory responsibilities of the OCC. As part 
of that Program, the OCC is conducting an overall review of its rules 
regarding fiduciary powers of national banks and collective investment 
funds. The OCC would update and clarify its rules, codify recent court 
decisions, codify administrative decisions, streamline processes, and 
eliminate any unnecessary regulatory burden.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: Dean E. Miller, 
Senior Advisor for Fiduciary Responsibilities, (202) 874-4447, 250 E 
Street SW., Washington, DC 20219. The former regulatory projects 
concerning ratable distributions and collateralization of trust funds 
awaiting investment or distribution will be addressed in the Part 9 
Regulation Review Project. The OCC expects the Part 9 Regulation Review 
Project to continue as the sole project under RIN 1557-AB12.

Agency Contact: Andrew Gutierrez, Attorney, Department of the Treasury, 
Comptroller of the Currency, Legislative & Regulatory Activities, 
Division, 250 E Street SW., Washington, DC 20219, 202 874-5090

RIN: 1557-AB12
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2776. CAPITAL RULES

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 93a; 12 USC 161; 12 USC 1828 Note; 12 USC 
1828(n); 12 USC 1831n Note; 12 USC 3907; 12 USC 3909

CFR Citation:  12 CFR 3

Legal Deadline:  Final, Statutory, June 19, 1993.
Statutory deadline only applicable to interest rate risk rulemaking.

Abstract: As part of the OCC's ongoing efforts to develop and refine 
capital standards to ensure the safety and soundness of the national 
banking system and to implement statutory requirements, the OCC is 
proposing to amend various provisions of the capital rules for national 
banks. Specifically, these changes include: (1) rule on expanded 
matrix; (2) rule on interest rate risk; (3) rule on OECD membership; 
(4) three rules on recourse arrangements ((a) low level recourse; (b) 
recourse arrangements and direct credit substitutes; and (c) small 
business loans).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Rule                      00/00/00
Collateralized Transactions  NPRM 08/18/93 (58 FR 43822)  Final Rule 
12/28/94 (59 FR 66642)

Concentrations/Nontraditional Activities  ANPRM 08/10/92 (57 FR 
35507)  NPRM 02/22/94 (59 FR 8420)  Final Rule 12/15/94 (59 FR 64561)

Deferred Tax Assets  NPRM 12/20/93 (58 FR 68065)  Final Rule 02/10/95 
(60 FR 7903)

Expanded Matrix  NPRM 09/01/94 (59 FR 45243)  Final Rule 05/00/95

Interest Rate Risk  ANPRM 08/10/92 (57 FR 35507)  NPRM 09/14/93 (58 FR 
48206)  Final Rule 06/00/95

Net Unrealized Gains & Losses  NPRM 04/18/94 (59 FR 18328)  Final Rule 
11/25/94 (59 FR 60552)

Netting of Derivatives  NPRM 05/20/94 (59 FR 26456)  Final rule 12/28/
94 (59 FR 66645)

OECD Membership  NPRM 10/14/94 (59 FR 52100)  Final Rule 06/00/95

Recourse: Low-Level Recourse  Final Rule 06/00/95

Recourse: Recourse and Direct Credit Substitutes  Combined ANPRM/NPRM 
05/25/94 (59 FR 27116)  Final Rule 06/00/95

Recourse: Small Business Loans  NPRM 06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: Roger Tufts, Senior 
Economic Advisor, or Christina Benson, National Bank Examiner, Office 
of the Chief National Bank Examiner, (202) 874-5270, 250 E Street SW., 
Washington DC 20219.

Agency Contact: Ronald Shimabukuro, Senior Attorney, 
[[Page 23775]] Department of the Treasury, Comptroller of the Currency, 
Legislative & Regulatory Activities, Division, 250 E Street SW., 
Washington, DC 20219, 202 874-5090

RIN: 1557-AB14
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2777. MINIMUM SECURITY DEVICES AND PROCEDURES, REPORTS OF CRIMES 
AND SUSPECTED CRIMES AND BANK SECRECY COMPLIANCE

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 93a; 12 USC 1818; 12 USC 1881 to 1884; 12 USC 
3401 to 3422

CFR Citation:  12 CFR 21

Legal Deadline: None

Abstract: The OCC, as part of its Regulation Review Program, is 
proposing to revise 12 CFR Part 21, which contains the OCC's rules on 
minimum security devices and procedures for banks, reports of crimes 
and suspected crimes, and Bank Secrecy Act compliance. The primary 
focus of the proposed changes to Part 21 will be to implement a new, 
uniform suspicious/criminal referral form that the OCC has developed in 
conjunction with an interagency task force. This action is intended to 
improve the law enforcement agencies' access to reports of crimes 
relating to financial institutions and to provide uniform data that can 
be entered into a new interagency computer database.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: Federal

Additional Information: ADDITIONAL AGENCY CONTACT: Daniel Cooke, 
Attorney, Legislative & Regulatory Activities Division, (202) 874-5090, 
250 E Street, SW, Washington, DC 20219.

Agency Contact: Robert S. Pasley, Assistant Director, Department of the 
Treasury, Comptroller of the Currency, Enforcement and Compliance 
Division, 250 E Street SW., Washington, DC 20219, 202 874-4800

RIN: 1557-AB19
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2778. INTERNATIONAL OPERATIONS AND FEDERAL BRANCHES AND AGENCIES; 
REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 93a; 12 USC 3101 et seq

CFR Citation:  12 CFR 20; 12 CFR 28; 12 CFR 5

Legal Deadline:  Final, Statutory, September 29, 1995.
Sec. 107(h) of the Riegle-Neal Interstate Act, P.L. 103-328, 12 USC 
3104 note, requires the OCC to revise, by September 19, 1995, its 
regulations governing the types of deposits (cont)

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is conducting an overall review of its rules 
regarding national banks' international activities in Part 20 and the 
activities of Federal branches and agencies of foreign banks in the 
United States in Part 28. The OCC will update and clarify its rules, 
streamline processes, and eliminate any unnecessary regulatory burden. 
The OCC will work to insure that its changes do not erode public 
protection or bank safety and soundness.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Additional Information: LEGAL DEADLINE CONT: that may be accepted by 
uninsured Federal branches of foreign banks.

Agency Contact: Raija Bettauer, Counselor for International Activities, 
Department of the Treasury, Comptroller of the Currency, 250 E Street 
SW., Washington, DC 20219, 202 874-0680

RIN: 1557-AB26
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2779. INVESTMENT SECURITIES; REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1 et seq; 12 USC 24 (Seventh); 12 USC 93a

CFR Citation:  12 CFR 1; 12 CFR 7

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is conducting an overall review of its rules 
regarding investment securities. The OCC would update and clarify its 
rules, codify recent court decisions and administrative decisions, 
incorporate statutory changes, streamline processes, and eliminate any 
unnecessary regulatory burden. The OCC will work to insure that its 
changes do not erode public protection or bank safety and soundness.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Martha Clarke, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB37
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2780. INTERPRETIVE RULINGS; REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1 et seq; 12 USC 93a

CFR Citation:  12 CFR 7; 12 CFR 31

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that program, the OCC is conducting a comprehensive review of the 
interpretive rules in this part. The OCC would update and clarify its 
provisions in order to eliminate any unnecessary regulatory burden. The 
OCC will work to ensure that its revisions to this part do not 
adversely affect a bank's ability to compete in the financial services 
market or erode bank safety and soundness. [[Page 23776]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/03/95                    60 FR 11924
NPRM Comment Period End         05/02/95                    60 FR 11924
Final Action                    00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Stuart Feldstein, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB38
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2781. MANAGEMENT OFFICIAL INTERLOCKS; REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 3207; 12 USC 93a

CFR Citation:  12 CFR 26

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is conducting a comprehensive review of the 
Management Interlocks regulations. The OCC would update and clarify its 
regulation in order to eliminate any provisions that impose unnecessary 
regulatory burdens relative to the anticompetitive concerns that 
underlie the regulation. The OCC also intends to amend its regulation 
to conform to the changes brought about by the Riegle Community 
Development and Regulation Improvement Act of 1994 (CDRI).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00
Management Interlocks Small Market Share Exemption  NPRM 06/09/95 (59 
FR 29740)

Management Interlocks; Regulation Review  NPRM 00/00/00

Small Entities Affected: None

Government Levels Affected: None

Additional Information: The Small Market Share Exemption proposal is 
directly affected by CDRI Section 338. Need for further action will be 
considered as an element of the Part 26 Regulation Review.

Agency Contact: Mark Tenhundfeld, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB39
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2782. EXTENSIONS OF CREDIT TO NATIONAL BANK INSIDERS; REGULATION 
REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 375a(4); 12 USC 375b(3); 12 USC 1817(k); 12 
USC 1972(2)(G)(ii)

CFR Citation:  12 CFR 31

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating or modifying regulations that 
impose unnecessary burdens relative to maintaining safety and soundness 
and accomplishing other statutory responsibilities of the OCC. As part 
of that Program, the OCC is conducting an overall review of its rules 
regarding loans to insiders. The OCC would also update these rules as 
needed.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark Tenhundfeld, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB40
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2783.  RECORDKEEPING AND CONFIRMATION REQUIREMENTS FOR 
SECURITIES TRANSACTIONS; REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 24; 12 USC 92a

CFR Citation:  12 CFR 12

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is conducting an overall review of its rules 
regarding recordkeeping and confirmation requirements for securities 
transactions. The OCC would update and streamline its regulations to 
reduce unnecessary burden and regulatory costs. The proposed revision 
to Part 12 will reorganize the regulation by placing related subjects 
together, clarify areas where rules are unclear or confusing, and 
update various provisions to address market developments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Martha Vestal Clarke, Senior Attorney, Department of 
the Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB42
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2784.  UNIFORM RULES OF PRACTICE AND PROCEDURE; REGULATION 
REVIEW

Priority:  Informational

Legal Authority:  5 USC 504; 5 USC 554 to 557; 12 USC 93(b); 12 USC 
164; 12 USC 505; 12 USC 1817; 12 USC 1818; 12 USC 1820; 12 USC 1831o; 
12 USC 1972; 12 USC 3102; 12 USC 3108; 12 USC 3909

CFR Citation:  12 CFR 19

Legal Deadline: None

Abstract: The OCC would: (1) implement section 112(g)(4) of the Federal 
Deposit Insurance Corporation Improvement Act of 1991 to develop joint 
agency procedures for the suspension and debarment of accountants, upon 
a showing of good cause, from performing certain audit services; (2) 
amend the Uniform Rules of Practice and Procedure (Uniform Rules) 
provision on ex parte communications; and (3) amend the Uniform Rules 
to increase efficiency in the administrative adjudication process. 
Further, the OCC would make technical changes including minor changes 
to [[Page 23777]] increase the efficiency of the administrative 
adjudication process.

Timetable:

Suspension and Debarment of Accountants  NPRM 00/00/00

Uniform Rules -- Administrative Adjudication Process  NPRM 05/00/95

Uniform Rules -- Ex Parte  NPRM 12/12/94 (59 FR 63936)  Final Rule 05/
00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: Includes former RIN 1557-AB15.

Agency Contact: Daniel Cooke, Attorney, Department of the Treasury, 
Comptroller of the Currency, Legislative & Regulatory Activities, 
Division, 250 E Street SW., Washington, DC 20219, 202 874-5090

RIN: 1557-AB43
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2785.  AGRICULTURAL LOAN LOSS AMORTIZATION; REGULATION 
REVIEW

Priority:  Informational

Legal Authority:  12 USC 93a; 12 USC 1823(j)

CFR Citation:  12 CFR 35

Legal Deadline: None

Abstract: The OCC, as part of the OCC's Regulation Review Program, is 
reviewing all of its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is conducting an overall review of its rules 
regarding agricultural loan loss amortization.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            02/08/95                     60 FR 7467
NPRM Comment Period End         04/10/95                     60 FR 7467
Final Action                    00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Andrew Gutierrez, Attorney, Department of the Treasury, 
Comptroller of the Currency, Legislative & Regulatory Activities, 
Division, 250 E Street SW., Washington, DC 20219, 202 874-5090

RIN: 1557-AB44
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2786.  LEASING; REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1; 12 USC 24 (Seventh and Tenth); 12 USC 93a

CFR Citation:  12 CFR 23

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating or modifying regulations that 
impose unnecessary burdens relative to maintaining safety and soundness 
and accomplishing other statutory responsibilities of the OCC. As part 
of that Program, the OCC is conducting an overall review of its rules 
regarding lease financing transactions. The OCC would update and 
clarify its regulation in order to eliminate any provisions that impose 
unnecessary regulatory burdens. The OCC will work to ensure that its 
revisions to this part do not adversely affect a bank's ability to 
compete in the financial services market or erode bank safety and 
soundness.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jacqueline Lussier, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB45
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2787.  COMMUNITY DEVELOPMENT CORPORATION AND PROJECT 
INVESTMENTS; REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 24 (Eleventh); 12 USC 93a; 12 USC 161; 12 USC 
481; 12 USC 1818

CFR Citation:  12 CFR 24

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is conducting a comprehensive review of Part 24 
to eliminate unnecessary regulatory burdens while maintaining safety 
and soundness, and to define more adequately activities permissible for 
national banks under 12 USC 24 (Eleventh).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: Laurie Sears, 
Attorney, Legislative & Regulatory Activities Division, (202) 874-5090, 
250 E Street, SW., Washington, DC 20219

Agency Contact: Karen Bellesi, Program Coordinator, Community 
Development Investment, Department of the Treasury, Comptroller of the 
Currency, Community Development Division, 250 E Street SW., Washington, 
DC 20291, 202 874-4930

RIN: 1557-AB46
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2788.  LOANS IN AREAS HAVING SPECIAL FLOOD HAZARDS; 
REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  42 USC 4001 Note; 42 USC 4003; 42 USC 4012; 42 USC 
4102; 42 USC 4104; 42 USC 4104a; 42 USC 4104b; 42 USC 4106; 42 USC 4128

CFR Citation:  12 CFR 22

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is reviewing its rules, policies, and procedures 
governing loans in areas having special flood hazards. The OCC would 
update and clarify its regulation in order to eliminate any provisions 
that impose unnecessary regulatory burdens. In addition, this 
rulemaking would implement the National Flood Insurance Reform Act of 
1994 (as contained in Title V of the Riegle Community Development and 
Regulatory Improvement Act of 1994, Public Law No. 103-324, September 
23, 1994). [[Page 23778]] 

Timetable:

Flood Insurance Reform Act Changes  NPRM 00/00/00

Regulation Review  NPRM 00/00/00

Small Entities Affected: None

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: Jacqueline Lussier, 
Senior Attorney, Legislative & Regulatory Activities Division, (202) 
874-5090, 250 E Street, SW., Washington, DC 20219.

Agency Contact: Carol V. Workman, Compliance Specialist, Department of 
the Treasury, Comptroller of the Currency, Compliance -- Consumer 
Protection, Division, 250 E Street SW., Washington, DC 20219, 202 874-
4428

RIN: 1557-AB47
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2789.  REAL ESTATE LENDING AND APPRAISALS; REGULATION 
REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 93a; 12 USC 371; 12 USC 1701j-3; 12 USC 
1828(o); 12 USC 3331 et seq

CFR Citation:  12 CFR 34

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. As part of 
that Program, the OCC is conducting an overall review of its rules 
regarding real estate lending. The OCC would update and clarify its 
rules, codify administrative decisions, incorporate statutory changes, 
streamline processes, and eliminate any unnecessary regulatory burden. 
The OCC will work to insure that its changes do not erode public 
protection or bank safety and soundness.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Agency Contact: Mark Tenhundfeld, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB48
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________


2790.  DISPOSITION OF CREDIT LIFE INSURANCE INCOME; 
REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 24 (Seventh); 12 USC 93a; 12 USC 1818

CFR Citation:  12 CFR 2

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating or modifying regulations that 
impose unnecessary burdens relative to maintaining safety and soundness 
and accomplishing other statutory responsibilities of the OCC. As part 
of that program, the OCC is conducting an overall review of its rules 
regarding the disposition of credit life insurance income.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Stuart E. Feldstein, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative & Regulatory 
Activities, Division, 250 E Street SW., Washington, DC 20219, 202 874-
5090

RIN: 1557-AB49



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2791. STANDARDS FOR SAFETY AND SOUNDNESS

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 93a; 12 USC 1831p-1

CFR Citation:  12 CFR 30

Legal Deadline:  Final, Statutory, August 1, 1993.

Abstract: This rulemaking would implement section 39 of the Federal 
Deposit Insurance Act, as added by section 132 of the Federal Deposit 
Insurance Corporation Improvement Act of 1991. Section 39 requires the 
OCC and other Federal banking agencies to prescribe certain safety and 
soundness standards for insured depository institutions and depository 
institution holding companies. Standards must be prescribed in three 
principal areas: (1) operational and managerial; (2) asset quality, 
earnings, and stock valuation; and (3) employee compensation. If an 
insured depository institution does not meet one of these standards, 
section 39 requires that the institution establish a plan, acceptable 
to its primary regulator, to achieve compliance with the standard.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           07/15/92                    57 FR 31336
ANPRM Comment Period End        09/16/92                    57 FR 31336
NPRM                            11/18/93                    58 FR 60802
NPRM Comment Period End         01/03/94                    58 FR 60802
Final Action                    00/00/00

Small Entities Affected: None

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: David Thede, Senior 
Attorney, Securities and Corporate Practices Division, (202)874-5210, 
250 E Street, SW., Washington, DC 20219.

Agency Contact: Emily R. McNaughton, National Bank Examiner, Department 
of the Treasury, Comptroller of the Currency, Office of the Chief 
National Bank Examiner, 250 E Street SW., Washington, DC 20219, 202 
874-5170

RIN: 1557-AB17


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

[[Page 23779]]
2792. RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES; 
REGULATION REVIEW

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1 et seq; 12 USC 93a

CFR Citation:  12 CFR 5

Legal Deadline: None

Abstract: The OCC, as part of the OCC Regulation Review Program, is 
reviewing all its rules and eliminating regulations that impose 
unnecessary burdens relative to maintaining safety and soundness and 
accomplishing other statutory responsibilities of the OCC. Under this 
Program, the OCC is reviewing its rules, policies, and procedures 
governing corporate activities. This rulemaking will assist the OCC in 
fulfilling its responsibility for maintaining the safety and soundness 
of national banks and the national banking system, eliminate 
unnecessary burden, and improve OCC efficiency.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/29/94                    59 FR 61034
NPRM Comment Period End         01/30/95                    59 FR 61034
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACTS: Stuart Feldstein, 
Senior Attorney, Legislative & Regulatory Activities Division, (202) 
874-5090; Deborah Jan Kalmus, National Bank Examiner, Senior Licensing 
Policy and Systems Analyst, Licensing Policy and Systems Division, 
(202) 874-5060. The former regulatory project issues concerning changes 
in directors and senior executive officers and change in bank control 
will be addressed in the Part 5 Regulation Review project which is the 
sole project under RIN 1557-AB27.

Agency Contact: Laurie Sears, Attorney, Department of the Treasury, 
Comptroller of the Currency, Legislative & Regulatory Activities, 
Division, 250 E Street SW., Washington, DC 20219, 202 874-5090

RIN: 1557-AB27
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________

2793. COMMUNITY REINVESTMENT ACT REGULATION

Priority:  Regulatory Plan

Legal Authority:  12 USC 21; 12 USC 22; 12 USC 26; 12 USC 27; 12 USC 
30; 12 USC 36; 12 USC 93a; 12 USC 161; 12 USC 215; 12 USC 481; 12 USC 
1814; 12 USC 1816; 12 USC 1828(c); 12 USC 2901 to 2907

CFR Citation:  12 CFR 25

Legal Deadline:  Final, Statutory.
The agencies have been required by Congress to complete the revision to 
the regulation as soon as practicable.

Abstract: The OCC, with the other Federal financial regulators, is 
engaged in an overall review of the Community Reinvestment Act 
Regulations. The agencies would provide clearer guidance to financial 
institutions on how their CRA performance will be assessed. The 
agencies intend to eliminate unnecessary burden, enhance public 
protection, promote compliance, and clarify the regulation. Further, to 
implement the President's Credit Availability Program, the OCC will 
review this regulation and remove any provisions that frustrate bank 
efforts to make credit available, consistent with safety and soundness 
considerations.

Statement of Need: The Community Reinvestment Act (CRA) was enacted to 
encourage federally regulated financial institutions to meet the credit 
needs of their communities, with particular emphasis on low- and 
moderate-income areas. The CRA provides that regulations ``to carry out 
the purposes of this chapter shall be published by each appropriate 
Federal financial supervisory agency'' (12 U.S.C. 2905). The agencies 
originally promulgated such regulations on October 12, 1978.
The CRA regulatory examination system has been the subject of much 
criticism. Financial institutions have complained that the examination 
process promotes excessive paperwork at the expense of providing loans, 
services and investments. In addition, they have expressed the view 
that policy guidance from the supervisory agencies is unclear and that 
examination standards are applied inconsistently. Community, consumer 
and other groups have agreed with the industry that there are 
inconsistencies in CRA evaluations and that current examinations 
overemphasize process and underemphasize performance.
The goal of the proposed revisions to the CRA regulations is to provide 
clear guidance to institutions on how the agencies will assess their 
CRA performance. The proposed CRA examination system will minimize 
compliance burden while encouraging improved performance, with an 
emphasis on objective performance standards. The proposed regulation 
would substitute for the current, process-based assessment factors a 
new evaluation system that rates institutions based on their actual 
performance in meeting community credit needs. In particular, the 
proposed system would evaluate the degree to which an institution is 
providing loans, branches and other services, and investments to low- 
and moderate-income people and geographies. The regulation also would 
clarify how an institution's CRA performance is considered in the 
corporate application process.

Alternatives: A series of seven public hearings was held across the 
country to seek input for developing the proposed rule. Most 
participants rejected a formulaic approach to CRA. Several commenters 
suggested the development of strategic plans for CRA performance by 
financial institutions in conjunction with the communities in which 
they operate. Some commenters also discussed the concept of making 
enforceable agreements between financial institutions and community 
groups or supervisory agencies the central focus of the CRA process. 
After considering the concerns raised, the agencies put forth a 
proposal in December, 1993, that tried to present a more performance-
based and consistent approach to evaluating CRA performance consistent 
with parameters set forth by the President. The agencies considered 
extensive comments on this proposal and issued a revised proposal in 
October, 1994. The agencies are considering the comments received on 
this proposal as they formulate a final rule.

Anticipated Costs and Benefits: The overall benefit of the rule is an 
assessment process that is less burdensome for many institutions and 
that produces more results for the local communities they serve. It is 
also expected that examiner training, interagency coordination on 
application standards, performance of evaluations, assignment of 
ratings and the use of enforcement tools will be improved. Access to 
Home Mortgage Disclosure [[Page 23780]] Act and CRA data is expected to 
be improved.
The new rule may cause some institutions to incur a modest increase in 
operating costs. The proposed additional data collection may also serve 
to increase costs for some institutions, though any such increase is 
estimated to be minimal. Although the agencies anticipate that 
additional examiner training will be necessary in order to implement 
the rule, such training will be integrated into existing training 
programs at minimal cost.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/21/93                    58 FR 67466
NPRM Comment Period Extended to 
03/24/94                        02/03/94                     59 FR 5138
NPRM Comment Period End         02/22/94                    59 FR 67466
Second NPRM                     10/07/94                    59 FR 51232
Second NPRM Comment Period End  11/21/94                    59 FR 51232
Final Action                    00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Matthew Roberts, Director, Department of the Treasury, 
Comptroller of the Currency, Community and Consumer Law Division, 250 E 
Street SW., Washington, DC 20219, 202 874-5750

RIN: 1557-AB32
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Comptroller of the Currency (OCC)
______________________________________________________________________


2794. ASSESSMENT OF FEES; NATIONAL BANKS; DISTRICT OF COLUMBIA 
BANKS

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 93a; 12 USC 481; 12 USC 482; 12 USC 5102; 15 
USC 78c and 78l; 26 DC Code 102

CFR Citation:  12 CFR 8

Legal Deadline: None

Abstract: This rulemaking would reconsider assessments and fees on 
national banks.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              11/18/94                    59 FR 59640
Final Action                    00/00/00

Small Entities Affected: None

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: Patricia Grady, 
Senior Attorney, Administrative and Internal Law Division, (202) 874-
4460, 250 E Street, SW., Washington, DC 20219.

Agency Contact: Roy Madsen, Assistant Chief Financial Officer, 
Department of the Treasury, Comptroller of the Currency, Financial 
Systems Management Division, 250 E Street, SW., Washington, DC 20219, 
202 874-5130

RIN: 1557-AB41



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Comptroller of the Currency (OCC)
______________________________________________________________________

2795. SECURITIES OFFERING DISCLOSURE RULES

CFR Citation:  12 CFR 16; 12 CFR 5

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    11/02/94                    59 FR 54789
Final Action Effective          04/03/95                    59 FR 54789

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Elizabeth Malone, 202 874-5210

RIN: 1557-AA65
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Comptroller of the Currency (OCC)
______________________________________________________________________

2796. LENDING LIMITS; REGULATION REVIEW

CFR Citation:  12 CFR 32; 12 CFR 7

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    02/15/95                     60 FR 8526
Final Action Effective          03/17/95                     60 FR 8526

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Moni SenGupta, 202 874-5090

RIN: 1557-AA72
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Comptroller of the Currency (OCC)
______________________________________________________________________


2797. INDEPENDENT ANNUAL AUDITS OF INSURED DEPOSITORY INSTITUTIONS; 
SUSPENSION AND DEBARMENT OF ACCOUNTANTS

CFR Citation:  12 CFR 19

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Merged into RIN 1557-AB43       02/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Daniel Cooke, 202 874-5090

RIN: 1557-AB15
[FR Doc. 95-6598 Filed 05-05-95; 8:45 am]
BILLING CODE 4810-33-F


[[Page 23781]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
United States Customs Service (CUSTOMS)
______________________________________________________________________

Customs Service

19 CFR Ch. I

Semiannual Agenda

AGENCY: U.S. Customs Service, Treasury.

ACTION: Semiannual agenda.

______________________________________________________________________

SUMMARY: In response to Executive Order 12866 ``Regulatory Planning and 
Review'' and the Regulatory Flexibility Act (5 U.S.C. 605), Customs is 
publishing for public information a list of regulations either under 
development or under review.

FOR FURTHER INFORMATION CONTACT: For additional information about a 
specific regulation contained in this agenda, contact the ``Agency 
Contact'' listed in the specific regulatory action.

SUPPLEMENTARY INFORMATION: The projects listed below are not considered 
to be ``significant regulatory actions'' within the meaning of E.O. 
12866 and will not have a significant economic impact on small entities 
within the meaning of the Regulatory Flexibility Act.

    General statutory authority for the development or review of 
regulations relating to Customs matters is found in section 301, 
title 5, United States Code (5 U.S.C. 301), and in sections 66 and 
1624, title 19, United States Code (19 U.S.C. 66, 1624). When 
appropriate, additional specific statutory authority is indicated 
as the legal authority for the project.

Dated: February 7, 1995.

Stuart P. Seidel,

Assistant Commissioner, Office of Regulations and Rulings.

                                  United States Customs Service--Prerule Stage                                  
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2798        19 CFR 134  Country-of-Origin Marking for Watches.....................................    1515-AB68 
----------------------------------------------------------------------------------------------------------------


                               United States Customs Service--Proposed Rule Stage                               
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2799        19 CFR 101  Standards for the Establishment of Customs Services.......................    1515-AB18 
2800        19 CFR 102 (New)  Rules of Origin.....................................................    1515-AB19 
2801        19 CFR 142  Publication of Filer Codes................................................    1515-AB27 
2802        19 CFR 133  Disclosure of Information to Intellectual Property Rights Owners..........    1515-AB28 
2803        19 CFR 141  Identifying Merchandise Subject to Antidumping or Countervailing Duty                   
            Orders................................................................................    1515-AB32 
2804        19 CFR 191  Substitution Unused Merchandise Drawback..................................    1515-AB48 
2805        19 CFR 133  Parallel Imports and Other Trademarked Goods..............................    1515-AB49 
2806        19 CFR 10  Andean Trade Preference....................................................    1515-AB59 
2807        19 CFR 113  Accreditation of Commercial Testing Laboratories; Approval of Commercial                
            Gaugers...............................................................................    1515-AB60 
2808        19 CFR 134  Country-of-Origin Marking Requirements for Frozen Produce Packages........    1515-AB61 
2809        19 CFR 162  Seizure of Merchandise....................................................    1515-AB62 
2810        8 CFR 100  Customs/INS Service Field Organizations; Revocations and Designations of                 
            International Airport Status for Customs Services and Ports of Entry for Aliens                     
            Arriving by Aircraft..................................................................    1515-AB64 
2811        19 CFR 159  Liquidation; Extension; Suspension........................................    1515-AB66 
----------------------------------------------------------------------------------------------------------------


                                 United States Customs Service--Final Rule Stage                                
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2812        19 CFR 4  Harbor Maintenance Fee......................................................    1515-AA57 
2813        19 CFR 24  Donated Cargo Exemption From Harbor Maintenance Fee........................    1515-AA87 
2814        19 CFR 10  Voluntary Restraint Arrangements--Steel....................................    1515-AB04 
2815        19 CFR 7.8  U.S. Insular Possessions--Duty-Free Treatment.............................    1515-AB14 
2816        19 CFR 146  Petroleum Refineries in Foreign Trade Subzones............................    1515-AB20 
2817        19 CFR 113  Automated Surety Interface................................................    1515-AB25 
2818        19 CFR 10  North American Free Trade Agreement........................................    1515-AB33 
2819        19 CFR 12  Rules for Determining the Country of Origin of a Good for Purposes of Annex              
            311 of the North American Free Trade Agreement........................................    1515-AB34 
2820        19 CFR 4  Preliminary Vessel Entry and Permits To Lade and Unlade.....................    1515-AB37 
2821        19 CFR 24  Fees Assessed for Defaulted Payments.......................................    1515-AB38 
2822        19 CFR 12  Importer Certification Regarding Country of Origin of Textiles and Textile               
            Products..............................................................................    1515-AB43 
2823        19 CFR 12  Enforcement of ITC Exclusion Orders........................................    1515-AB44 
2824        19 CFR 4  Filing of Export Certificates...............................................   1515-AB46  
                             [[Page 23782]]
                                                                                                                
2825        19 CFR 101  Test Programs.............................................................    1515-AB47 
2826        19 CFR 12  North American Free Trade Agreement--Submission of Certificates of                       
            Eligibility for Textile and Apparel Goods Under the Tariff Preference Level Provisions    1515-AB50 
2827        19 CFR 10  Treatment of Reusable Shipping Devices Arriving From Canada or Mexico......    1515-AB51 
2828        19 CFR 10  Express Consignments: Formal and Informal Entries of Merchandise;                        
            Administrative Exemptions.............................................................    1515-AB53 
2829        19 CFR 12  Textiles and Textile Products Subject to Textile Trade Agreements..........    1515-AB54 
2830        19 CFR 123  Examination of Baggage....................................................    1515-AB56 
2831        19 CFR 103  Disclosure or Production of Customs Information Pursuant to Legal Process.    1515-AB58 
2832        19 CFR 10  Temporary Importation Bonds; Anticipatory Breach, Assessment Amounts,                    
            Petitions for Relief..................................................................    1515-AB65 
2833        19 CFR 10  Warehouse Withdrawals; Aircraft Fuel Supplies; Pipeline Transportation in                
            Bond of Merchandise...................................................................    1515-AB67 
----------------------------------------------------------------------------------------------------------------


                            United States Customs Service--Completed/Longterm Actions                           
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2834        19 CFR 162  Highest Degree of Care and Diligence To Prevent Unmanifested Narcotics and              
            Marijuana.............................................................................    1515-AA67 
2835        19 CFR 10  United States-Israel Free Trade............................................    1515-AA84 
2836        19 CFR 111  Broker Compliance.........................................................    1515-AA85 
2837        19 CFR 111.14  Contracting Out of Investigations......................................    1515-AA90 
2838        19 CFR 132  Quota Processing..........................................................    1515-AA98 
2839        19 CFR 122  Aircraft Arriving From Puerto Rico and U.S. Virgin Islands................    1515-AA99 
2840        19 CFR 141.89  Invoice Requirements...................................................    1515-AB17 
2841        19 CFR 4  Pay Reform for Customs Inspectional Services................................    1515-AB30 
2842        19 CFR 152  Customs Valuation of Merchandise Sold for Exportation to the United States    1515-AB35 
2843        19 CFR 141  Establishment of Conditional Release Period for Textiles and Textile                    
            Products..............................................................................    1515-AB39 
2844        19 CFR 19  Authorization of Bonded Carriers To Transport Cargo Within Port Limits                   
            Without Obtaining Cartman's License...................................................    1515-AB57 
2845        19 CFR 12  Extension of Import Restrictions on Mayan Artifacts From the Petin Region                
            of Guatemala..........................................................................    1515-AB63 
2846        19 CFR 12  Prehispanic Artifacts From El Salvador.....................................    1515-AB70 
----------------------------------------------------------------------------------------------------------------




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                       Prerule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________


2798.  COUNTRY-OF-ORIGIN MARKING FOR WATCHES

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1304; 19 
USC 1624

CFR Citation:  19 CFR 134

Legal Deadline: None

Abstract: Amendment to prescribe specific rules regarding the country-
of-origin marking of watches to ensure that the marking is conspicuous 
and legible.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Burton Schlissel, Attorney, Special Classification and 
Marking Branch, Department of the Treasury, United States Customs 
Service, 1301 Constitution Avenue NW., Franklin Court, Washington, DC 
20229, 202 482-6980

RIN: 1515-AB68


[[Page 23783]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2799. STANDARDS FOR THE ESTABLISHMENT OF CUSTOMS SERVICES

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 2; 19 USC 586; 19 USC 66; 19 USC 
1202; 19 USC 1623; 19 USC 1624

CFR Citation:  19 CFR 101

Legal Deadline: None

Abstract: Notice of proposed rulemaking to amend part 101 to set forth 
standards and procedures for the establishment of Customs services and 
for the upgrading of existing facilities to port of entry status.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Bradley Lund, Inspector, Department of the Treasury, 
United States Customs Service, Office of Inspection and Control, 1301 
Constitution Avenue NW., Washington, DC 20229, 202 927-0192

RIN: 1515-AB18
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2800. RULES OF ORIGIN

Priority:  Other Significant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1304; 19 
USC 1481; 19 USC 1484; 19 USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 
1624; 46 USC app 3

CFR Citation:  19 CFR 102 (New); 19 CFR 4.80b(a); 19 CFR 10.12(e); 19 
CFR 10.14(b); 19 CFR 10.171(c); 19 CFR 10.191(b)(3); 19 CFR 134.1(b), 
(d), and (e); 19 CFR 134.35; 19 CFR 177.22(a)

Legal Deadline: None

Abstract: Rule setting forth uniform rules governing the determination 
of the country of origin of imported merchandise.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/25/91                    56 FR 48448
NPRM Comment Period End         01/09/92                    56 FR 61214
New NPRM                        01/03/94                      59 FR 141
New NPRM Comment Period Extended 
to 07/05/94                     03/10/94                    59 FR 11225
NPRM Comment Period End         04/04/94
New NPRM                        04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sandra L. Gethers, Branch Chief, Special Classification 
and Marking Branch, Department of the Treasury, United States Customs 
Service, International Nomenclature Staff, 1301 Constitution Avenue 
NW., Washington, DC 20229, 202 482-6980

RIN: 1515-AB19
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2801. PUBLICATION OF FILER CODES

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1448; 19 USC 1484; 19 USC 1624

CFR Citation:  19 CFR 142; 19 CFR 143

Legal Deadline: None

Abstract: Provides for the publication of a list of filer codes and the 
identity of individuals, licensed Customs brokers or importers assigned 
the specific number. Publication will improve control for various 
components of the trade community and reduce numerous problems for 
Customs relating to entry processing requirements, but could also 
provide a means to access commercial import information heretofore 
treated as confidential by Customs.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           01/13/93                     58 FR 4115
ANPRM Comment Period End        03/15/93
NPRM                            07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Paul Hegland, Attorney, Entry Rulings Branch, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Washington, DC 20229, 202 482-7040

RIN: 1515-AB27
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2802. DISCLOSURE OF INFORMATION TO INTELLECTUAL PROPERTY RIGHTS 
OWNERS

Priority:  Substantive, Nonsignificant

Legal Authority:  17 USC 101; 17 USC 601; 17 USC 602; 17 USC 603; 19 
USC 66; 19 USC 1624; 31 USC 9701

CFR Citation:  19 CFR 133

Legal Deadline: None

Abstract: Provides intellectual property rights owners with information 
regarding importations so that they may pursue injunctive relief or 
other civil remedies against the party involved in infringing 
transactions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/23/93                    58 FR 44476
NPRM Comment Period End         10/22/93
New NPRM                        04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Karl Means, Attorney, Intellectual Property Branch, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
6960

RIN: 1515-AB28
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2803. IDENTIFYING MERCHANDISE SUBJECT TO ANTIDUMPING OR 
COUNTERVAILING DUTY ORDERS

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1448; 19 USC 1484; 19 USC 1624

CFR Citation:  19 CFR 141

Legal Deadline: None

Abstract: Amendment to clarify that an importer is required to indicate 
on an entry summary that a preliminary or final antidumping or 
countervailing duty order has been issued which is applicable to the 
merchandise for which the entry summary is filed.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Esau, Customs Officer, Office of Enforcement, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Washington, DC 20229, 202 927-1500

RIN: 1515-AB32
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2804. SUBSTITUTION UNUSED MERCHANDISE DRAWBACK

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1313; 19 
USC 1624 [[Page 23784]] 

CFR Citation:  19 CFR 191

Legal Deadline: None

Abstract: Amendment to prescribe procedures and related evidentiary 
requirements in connection with claims for substitution unused 
merchandise drawback. Amendment is necessary due to recent case law and 
amendments to the drawback law made by the Customs Modernization 
provisions of the North American Free Trade Agreement Implementation 
Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William G. Rosoff, Branch Chief, Entry Rulings Branch, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
7040

RIN: 1515-AB48
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2805. PARALLEL IMPORTS AND OTHER TRADEMARKED GOODS

Priority:  Substantive, Nonsignificant

Legal Authority:  17 USC 101; 17 USC 601; 17 USC 602; 17 USC 603; 19 
USC 66; 19 USC 1624; 31 USC 9701

CFR Citation:  19 CFR 133

Legal Deadline: None

Abstract: Amendment to provide for restrictions on the importation of 
certain foreign-made articles bearing genuine trademarks identical to 
or substantially indistinguishable from a valid, recorded U.S. 
trademark where the imported articles and the articles bearing the 
authorized U.S. trademark are materially and physically different.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Karl Wm. Means, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
6960

RIN: 1515-AB49
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2806. ANDEAN TRADE PREFERENCE

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1481; 19 USC 1484; 19 
USC 1498; 19 USC 1508; 19 USC 1624; 19 USC 3203

CFR Citation:  19 CFR 10

Legal Deadline: None

Abstract: Amendment to implement the duty preference provisions of the 
Andean Trade Preference Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robyn Day, Operations Officer, Office of Trade 
Operations, Department of the Treasury, United States Customs Service, 
1301 Constitution Avenue NW., Washington, DC 20229, 202 927-0123

RIN: 1515-AB59
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2807. ACCREDITATION OF COMMERCIAL TESTING LABORATORIES; APPROVAL OF 
COMMERCIAL GAUGERS

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1499; 19 USC 1624

CFR Citation:  19 CFR 113; 19 CFR 151

Legal Deadline: None

Abstract: Amendment to set forth procedures for the accreditation of 
commercial laboratories and the approval of commercial gaugers and the 
suspension and revocation of such accreditations and the approvals. 
Amendments are pursuant to authority of the Customs Modernization 
provisions of the North American Free Trade Agreement Implementation 
Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Carolyn E. Damon, Laboratory Director, Office of 
Laboratories & Scientific Services, Department of the Treasury, United 
States Customs Service, 1301 Constitution Avenue NW., Washington, DC 
20229, 312 353-2338

RIN: 1515-AB60
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2808. COUNTRY-OF-ORIGIN MARKING REQUIREMENTS FOR FROZEN PRODUCE 
PACKAGES

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1304; 19 
USC 1624

CFR Citation:  19 CFR 134

Legal Deadline: None

Abstract: Advance notice of proposed rulemaking regarding the marking 
of country of origin on packages of frozen produce. Purpose of document 
is to help determine whether a rulemaking is needed to ensure a uniform 
standard for conspicuous and legible country-of-origin marking, and if 
needed, the contents of that rulemaking.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           02/02/95                     60 FR 6464
ANPRM Comment Period End        03/20/95                     60 FR 6464


Next Action Undetermined

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Wende Schuster, Attorney, Special Classification and 
Marking Branch, Department of the Treasury, United States Customs 
Service, 1301 Constitution Avenue NW., Washington, DC 20229, 202 482-
6980

RIN: 1515-AB61
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2809.  SEIZURE OF MERCHANDISE

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1595a(c); 19 USC 1624

CFR Citation:  19 CFR 162

Legal Deadline: None

Abstract: The document would amend the Customs Regulations to reflect 
the clarification of customs seizure authority contained in the Customs 
Modernization Act. Among its other provisions, the Modernization Act 
amended section 596(c) of the Tariff Act of 1930 to clarify and codify 
Customs authority to seize and forfeit merchandise found to be imported 
in violation of the law. The Customs [[Page 23785]] Modernization Act 
distinguishes between circumstances under which such merchandise shall 
be seized and those in which seizure is permissive.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Todd Schneider, Attorney, Penalties Branch, Department 
of the Treasury, United States Customs Service, 1301 Constitution 
Avenue NW., Franklin Court, Washington, DC 20229, 202 482-6950

RIN: 1515-AB62
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2810.  CUSTOMS/INS SERVICE FIELD ORGANIZATIONS; REVOCATIONS 
AND DESIGNATIONS OF INTERNATIONAL AIRPORT STATUS FOR CUSTOMS SERVICES AND 
PORTS OF ENTRY FOR ALIENS ARRIVING BY AIRCRAFT

Priority:  Routine and Frequent

Legal Authority:  8 USC 1103; 5 USC 301; 19 USC 58b; 19 USC 66; 19 USC 
1433; 19 USC 1436; 19 USC 1459; 19 USC 1590; 19 USC 1594; 19 USC 1623; 
19 USC 1624; 19 USC 1644; 49 USC app 1509

CFR Citation:  8 CFR 100; 19 CFR 122

Legal Deadline: None

Abstract: Document would amend the Customs and Immigration and 
Naturalization Service regulations pertaining to their respective field 
organizations. Customs would revoke the international airport 
designations for Ranier International Seaplane Base located in Ranier, 
Minnesota, and the Eagle Pass Municipal Airport located in Eagle Pass, 
Texas. Immigration and Naturalization Service would remove Ranier, 
Minnesota, and Eagle Pass, Texas, from the port of entry lists for 
aliens arriving by vessel, land transportation, or by aircraft.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Darlene Langum Wilder, Customs Officer, Department of 
the Treasury, United States Customs Service, 1301 Constitution Avenue 
NW., Washington, DC 20229, 202 927-0530

RIN: 1515-AB64
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________


2811.  LIQUIDATION; EXTENSION; SUSPENSION

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1500; 19 USC 1504; 19 USC 1624

CFR Citation:  19 CFR 159

Legal Deadline: None

Abstract: Document would amend the Customs Regulations to implement 
amendments to section 504 of the Tariff Act of 1930, as amended, which 
pertains to limitations on the liquidation of entries, that were 
contained in the Customs Modernization provisions of the North American 
Free Trade Agreement Implementation Act. Amendments would allow the 
reconciliation of entries to be treated as if they were entry 
summaries, subject to normal liquidation requirements; authorize the 
electronic transmittal of notices of extension and suspension of 
liquidation; extend the time period in which customs must liquidate a 
suspended entry after the suspension is removed; remove the application 
of the four-year limitation to suspended entries; and provide that 
customs must also inform sureties when an entry is suspended or 
extended.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Allan J. Stevenson, Attorney, Entry Rulings Branch, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
7040

RIN: 1515-AB66



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2812. HARBOR MAINTENANCE FEE

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 81a to 81u; 19 USC 623; 
19 USC 1202; 19 USC 1624; 31 USC 9701; PL 99-272; PL 99-509; PL 99-662

CFR Citation:  19 CFR 4; 19 CFR 24; 19 CFR 146; 19 CFR 178

Legal Deadline:  Final, Statutory, April 1, 1987.

Abstract: Amendments to the Customs Regulations to implement provisions 
of the Water Resources Development Act of 1986 which authorizes Customs 
to assess a harbor maintenance fee of 0.125 percent (.00125) on the 
value of commercial cargo loaded on or unloaded from a commercial 
vessel at a port unless specifically exempted from the fee. Proceeds of 
the fee are deposited in a trust fund for the U.S. Army Corps of 
Engineers to use for the improvement and maintenance of U.S. ports and 
harbors.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              03/30/87                    52 FR 10198
Interim Final Rule Public 
Comment Period End              08/28/87
Comments Being Analyzed         02/08/88
Final Action                    05/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Agency Contact: Patricia Barbare, Department of the Treasury, United 
States Customs Service, Room 4128, 1301 Constitution Avenue NW., 
Washington, DC 20229, 202 927-0034

RIN: 1515-AA57
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2813. DONATED CARGO EXEMPTION FROM HARBOR MAINTENANCE FEE

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 58a; 19 USC 66; 19 USC 1202; 19 USC 
1624; 31 USC 9701; 19 USC 58b; 19 USC 58c

CFR Citation:  19 CFR 24 [[Page 23786]] 

Legal Deadline: None

Abstract: Amends interim Customs Regulations relating to harbor 
maintenance fees. The interim regulations established a shipping fee 
for transporting cargo on specified U.S. waterways. The Act was amended 
to include an exemption for nonprofit organizations or cooperatives 
which own or finance cargo determined by Customs to be intended for use 
in humanitarian or development assistance overseas. This amendment sets 
forth the applicability and terms of this exemption.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              01/08/92                      57 FR 607
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Patricia Barbare, Operations Officer, User Fee Task 
Force, Department of the Treasury, United States Customs Service, Room 
4128, 1301 Constitution Avenue NW., Washington, DC 20229, 202 927-0034

RIN: 1515-AA87
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2814. VOLUNTARY RESTRAINT ARRANGEMENTS--STEEL

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1481; 19 USC 1484; 19 
USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624; 19 USC 2253 note

CFR Citation:  19 CFR 10

Legal Deadline: None

Abstract: Amends Customs Regulations to set forth entry requirements 
applicable to imported steel products subject to voluntary restraint 
arrangements between the U.S. and certain steel-exporting countries. 
Action mandated by the Steel Import Stabilization Act, as amended by 
the Steel Trade Liberalization Program Implementation Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              09/13/90                    55 FR 37701
Correction Document             10/22/90                    55 FR 42556
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Frank Crowe, Operations Officer, Department of the 
Treasury, United States Customs Service, Room 1303, 1301 Constitution 
Avenue NW., Washington, DC 20229, 202 927-0164

RIN: 1515-AB04
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2815. U.S. INSULAR POSSESSIONS--DUTY-FREE TREATMENT

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1624

CFR Citation:  19 CFR 7.8

Legal Deadline: None

Abstract: Rule setting forth in detail the criteria which must be met 
to obtain duty-free treatment for products imported from U.S. insular 
possessions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/27/93                    58 FR 40095
NPRM Comment Period End         09/27/93
Final Action                    08/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Craig Walker, Attorney-Advisor, Department of the 
Treasury, United States Customs Service, Special Classification Branch, 
1301 Constitution Avenue NW., Washington, DC 20229, 202 482-6980

RIN: 1515-AB14
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2816. PETROLEUM REFINERIES IN FOREIGN TRADE SUBZONES

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 81a to 81u; 19 USC 1202, Gen Note 
17, Harmonized Tariff Schedule of the US; 19 USC 1623; 19 USC 1624

CFR Citation:  19 CFR 146

Legal Deadline: None

Abstract: Rule to add special procedures and requirements governing the 
operations of crude petroleum refineries approved as foreign trade 
subzones, in implementation of section 9002 of the Technical and 
Miscellaneous Revenue Act of 1988.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/10/92                    57 FR 35530
NPRM Comment Period End         02/08/93                    57 FR 55198
New NPRM                        03/04/94                    59 FR 10342
New NPRM Comment Period End     05/03/94                    59 FR 10342
Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Louis Hryniw, Supervisory Auditor, Department of the 
Treasury, United States Customs Service, Room 2317, 1301 Constitution 
Avenue NW., Washington, DC 20229, 202 927-0677

RIN: 1515-AB20
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2817. AUTOMATED SURETY INTERFACE

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1623; 19 USC 1624

CFR Citation:  19 CFR 113

Legal Deadline: None

Abstract: Provides for an automated system through which participating 
sureties will electronically provide to Customs acknowledgement that 
they are liable for transactions identified under their bonds.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/22/93                     58 FR 5680
NPRM Comment Period End         03/23/93
NPRM Comment Period Extended to 
04/22/93                        03/30/93                    58 FR 16632
Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Diane Hundertmark, ACS Specialist, Department of the 
Treasury, United States Customs Service, Room 2345, 1301 Constitution 
Avenue NW., Washington, DC 20229, 202 927-0355

RIN: 1515-AB25
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2818. NORTH AMERICAN FREE TRADE AGREEMENT

Priority:  Other Significant

Legal Authority:  19 USC 66; 19 USC 1202, Gen Note 17, Harmonized 
Tariff Schedule of the US; 19 USC 1624; PL 103-182

CFR Citation:  19 CFR 10; 19 CFR 12; 19 CFR 24; 19 CFR 123; 19 CFR 134; 
19 CFR 162; 19 CFR 174; 19 CFR 177; 19 CFR 178; 19 CFR 181; 19 CFR 191 
[[Page 23787]] 

Legal Deadline:  Final, Statutory, January 1, 1994.

Abstract: Amendment to implement the preferential tariff treatment and 
other Customs-related provisions of the North American Free Trade 
Agreement entered into by the United States, Canada, and Mexico.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              12/30/93                    58 FR 69460
Interim Final Rule Comment 
Period End                      03/30/94
Final Action                    04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Maria Reba, Office of International Affairs, Department 
of the Treasury, United States Customs Service, 1301 Constitution 
Avenue NW., Washington, DC 20229, 202 927-1488

RIN: 1515-AB33
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2819. RULES FOR DETERMINING THE COUNTRY OF ORIGIN OF A GOOD FOR 
PURPOSES OF ANNEX 311 OF THE NORTH AMERICAN FREE TRADE AGREEMENT

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202, Gen Note 17, Harmonized 
Tariff Schedule of the US; 19 USC 1624; PL 103-182

CFR Citation:  19 CFR 12; 19 CFR 102; 19 CFR 134

Legal Deadline:  Final, Statutory, January 1, 1994.

Abstract: Amendment establishes the rules for determining when the 
country of origin of a good is one of the parties to the North American 
Free Trade Agreement for purposes of Annex 311 of that Agreement.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              01/03/94                      59 FR 110
Correction                      02/03/94                     59 FR 5082
Interim Final Rule Comment 
Period Extended to 07/05/94     03/11/94                    59 FR 11547
Interim Final Rule Comment 
Period End                      04/04/94
Proposed Changes to Interim 
Final Rule                      04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sandra L. Gethers, Attorney, Department of the 
Treasury, United States Customs Service, 1301 Constitution Avenue NW., 
Franklin Court, Washington, DC 20229, 202 482-6980

RIN: 1515-AB34
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2820. PRELIMINARY VESSEL ENTRY AND PERMITS TO LADE AND UNLADE

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1431; 19 USC 288; 19 USC 
1433; 19 USC 1434; 19 USC 1446; 19 USC 1448; 19 USC 1450; 19 USC 1624; 
46 USC app 3; 46 USC app 91

CFR Citation:  19 CFR 4

Legal Deadline: None

Abstract: Amendment to the Customs Regulations concerns the preliminary 
entry of vessels arriving in ports of the United States and the 
granting of permits for the lading and unlading of merchandise from 
those vessels. Amendment would allow preliminary entry without 
mandatory boarding in all cases and allow Customs to electronically 
issue permits to lade or unlade merchandise pursuant to an authorized 
data interchange system.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/18/94                    59 FR 12878
NPRM Comment Period End         04/18/94
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lou Samenfink, Chief, Cargo Control Branch, Department 
of the Treasury, United States Customs Service, 1301 Constitution 
Avenue NW., Washington, DC 20229, 202 927-0042

RIN: 1515-AB37
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2821. FEES ASSESSED FOR DEFAULTED PAYMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 58a; 19 USC 58b; 19 USC 58c; 19 USC 
66; 19 USC 1202; 19 USC 1624; 31 USC 9701

CFR Citation:  19 CFR 24

Legal Deadline: None

Abstract: Amendment authorizes the assessment of a $30 fee for any 
defaulted payment resulting from a check or other monetary instrument 
returned unpaid by a financial institution, including Automated 
Clearinghouse defaulted payments, which were presented for duties, 
taxes and other charges incurred in connection with any commercial or 
noncommercial importation or other Customs transaction whether or not 
backed by a Customs bond.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/23/94                    59 FR 13664
NPRM Comment Period End         05/23/94
Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Baker, Officer, Office of the Comptroller, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Washington, DC 20229, 202 927-0620

RIN: 1515-AB38
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2822. IMPORTER CERTIFICATION REGARDING COUNTRY OF ORIGIN OF 
TEXTILES AND TEXTILE PRODUCTS

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624

CFR Citation:  19 CFR 12

Legal Deadline: None

Abstract: Amendment to require that an importer of textiles or textile 
products submit to Customs a certification stating that he has used 
reasonable care to ascertain the true country of origin of the imported 
merchandise and to verify the accuracy of the declaration prepared by 
the manufacturer, producer or exporter and filed by the importer with 
the entry.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/30/94                    59 FR 14806
NPRM Comment Period End         05/31/94
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None [[Page 23788]] 

Agency Contact: Dick Crichton, Operations Officer, Office of Trade 
Operations, Department of the Treasury, United States Customs Service, 
1301 Constitution Avenue NW., Washington, DC 20229, 202 927-0162

RIN: 1515-AB43
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2823. ENFORCEMENT OF ITC EXCLUSION ORDERS

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1337; 19 USC 1623; 19 
USC 1624

CFR Citation:  19 CFR 12

Legal Deadline: None

Abstract: Amendment regarding unfair competition to reflect Customs 
authority to enforce seizure and forfeiture orders issued by the United 
States International Trade Commission (ITC). These orders would be 
issued for articles which had previously been denied entry pursuant to 
an ITC exclusion order.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/19/94                    59 FR 26151
NPRM Comment Period End         07/18/94
Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Vicki Allums, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
6960

RIN: 1515-AB44
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2824. FILING OF EXPORT CERTIFICATES

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1431; 19 USC 1433; 19 
USC 1434; 19 USC 1624; 46 USC app 3; 46 USC app 91

CFR Citation:  19 CFR 4

Legal Deadline: None

Abstract: Amendment to allow a vessel carrying a shipment of meat or 
meat-food products to be cleared before the filing of a copy of an 
export certificate by providing a statement regarding the shipment and 
the export certificate.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/16/94                    59 FR 25376
NPRM Comment Period End         07/15/94
Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Barbara Whiting, Customs Law Specialist, Carrier 
Rulings Branch, Department of the Treasury, United States Customs 
Service, 1301 Constitution Avenue NW., Franklin Court, Washington, DC 
20229, 202 482-6940

RIN: 1515-AB46
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2825. TEST PROGRAMS

Priority:  Other Significant

Legal Authority:  5 USC 301; 19 USC 2; 19 USC 66; 19 USC 1202; 19 USC 
1411; 19 USC 1412; 19 USC 1413; 19 USC 1414; 19 USC 1623; 19 USC 1624

CFR Citation:  19 CFR 101

Legal Deadline: None

Abstract: Amendment to allow for test programs and procedures in 
general and specifically for purposes of implementing those Customs 
Modernization provisions of the North American Free Trade Agreement 
Implementation Act that provide for the National Customs Automation 
Program. Tests would be permitted which would impose requirements 
different from those specified in Customs Regulations, but only to the 
extent such different requirements do not affect the collection of the 
revenue, public health, safety or law enforcement.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/16/94                    59 FR 41992
NPRM Comment Period End         10/17/94                    59 FR 41992
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Durant, Director, Commercial Rulings Division, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
6990

RIN: 1515-AB47
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2826. NORTH AMERICAN FREE TRADE AGREEMENT--SUBMISSION OF 
CERTIFICATES OF ELIGIBILITY FOR TEXTILE AND APPAREL GOODS UNDER THE 
TARIFF PREFERENCE LEVEL PROVISIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624

CFR Citation:  19 CFR 12

Legal Deadline: None

Abstract: Amendment to require submission of a Certificate of 
Eligibility in connection with the entry of non-originating textile and 
apparel goods from Canada or Mexico for which preferential tariff 
treatment is claimed under the tariff preference level provisions of 
the North American Free Trade Agreement.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              06/20/94                    59 FR 31519
Interim Rule Effective          06/20/94                    59 FR 31519
Interim Final Rule Comment 
Period End                      08/19/94                    59 FR 31519
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Dick Crichton, Operations Officer, Office of Trade 
Operations, Department of the Treasury, United States Customs Service, 
1301 Constitution Avenue NW., Washington, DC 20229, 202 927-0162

RIN: 1515-AB50
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2827. TREATMENT OF REUSABLE SHIPPING DEVICES ARRIVING FROM CANADA 
OR MEXICO

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1481; 19 USC 1484; 19 
USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624

CFR Citation:  19 CFR 10

Legal Deadline: None

Abstract: Amendment to allow certain foreign-manufactured shipping 
devices arriving from Canada or Mexico to be [[Page 23789]] released 
under specified conditions, without entry and payment of duty at the 
time of arrival and without the devices being serially numbered or 
marked, if they are always transported on or within either intermodal 
and similar containers or containers which are themselves vehicles or 
vehicle appurtenances and accessories.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/01/94                    59 FR 54537
NPRM Comment Period End         01/03/95                    59 FR 54537
Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Louis Hryniw, Supervisory Auditor, Office of Regulatory 
Audit, Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Washington, DC 20229, 202 927-1100

RIN: 1515-AB51
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2828. EXPRESS CONSIGNMENTS: FORMAL AND INFORMAL ENTRIES OF 
MERCHANDISE; ADMINISTRATIVE EXEMPTIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1321; 19 
USC 1322; 19 USC 1431; 19 USC 1481; 19 USC 1484; 19 USC 1498; 19 USC 
1448; 19 USC 1624; 19 USC 1508

CFR Citation:  19 CFR 10; 19 CFR 101; 19 CFR 111; 19 CFR 123; 19 CFR 
128; 19 CFR 141; 19 CFR 143; 19 CFR 145; 19 CFR 148; 19 CFR 159

Legal Deadline: None

Abstract: Amendments to implement certain statutory amendments to the 
Customs laws contained in the Customs Modernization provisions of the 
North American Free Trade Agreement Implementation Act regarding 
administrative exemptions. Amendment also clarifies procedures for 
shipments brought into the United States by express consignment 
operators or carriers and makes clear that all shipments carried into 
the United States by express consignment operators or carriers are 
required to be entered, unless specifically exempt from entry. Further 
amendments exempt from entry certain merchandise (undeliverable 
shipments, railway freight locomotives and cars, and instruments of 
international traffic) pursuant to Customs Modernization provisions of 
North American Free Trade Agreement Implementation Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              06/13/94                    59 FR 30289
Comment Period End              07/13/94                    59 FR 30289
Effective Date Delayed by 
Temporary Restraining Order     07/25/94                    59 FR 38548
Interim Rule Effective          07/28/94                    59 FR 30289
Final Action                    04/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William G. Rosoff, Branch Chief, Entry Rulings Branch, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
7040

RIN: 1515-AB53
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2829. TEXTILES AND TEXTILE PRODUCTS SUBJECT TO TEXTILE TRADE 
AGREEMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 7 USC 
1854

CFR Citation:  19 CFR 12

Legal Deadline: None

Abstract: Amendment to the country of origin standards and documentary 
requirements applicable to textiles and textile products subject to 
section 204 of the Agricultural Act of 1956. Amendment involves 
simplification of regulatory text, has no substantive effect on the 
U.S. textile import program as administered by Customs and is intended 
to ensure that the wording of the Customs Regulations is consistent 
with the product coverage of section 204.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Dick Crichton, Operations Officer, Office of Trade 
Operations, Department of the Treasury, United States Customs Service, 
1301 Constitution Avenue NW., Washington, DC 20229, 202 927-0162

RIN: 1515-AB54
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2830. EXAMINATION OF BAGGAGE

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1461; 19 USC 1462; 19 USC 1496; 19 
USC 1624

CFR Citation:  19 CFR 123; 19 CFR 148

Legal Deadline: None

Abstract: Amendment to more clearly reflect Customs statutory authority 
to open and examine baggage and vehicles without the permission of the 
owners of the baggage and vehicles.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/10/94                    59 FR 56014
NPRM Comment Period End         01/09/95                    59 FR 56014
Final Action                    10/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lars-Erik Hjelm, Attorney, Office of the Chief Counsel, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Washington, DC 20229, 202 927-6900

RIN: 1515-AB56
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2831. DISCLOSURE OR PRODUCTION OF CUSTOMS INFORMATION PURSUANT TO 
LEGAL PROCESS

Priority:  Substantive, Nonsignificant

Legal Authority:  5 USC 301; 5 USC 552; 5 USC 552a; 18 USC 1905; 19 USC 
66; 19 USC 1624; 31 USC 9701

CFR Citation:  19 CFR 103

Legal Deadline: None

Abstract: Amendment to clarify the procedures to be followed when 
subpoenas or other demands of courts and other authorities, except 
Congress, are issued to compel the disclosure or production of Customs 
documents or information for use in Federal, State, local and foreign 
proceedings.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/06/94                    59 FR 46007
NPRM Comment Period End         11/07/94                    59 FR 46007
Final Action                    07/00/95                [[Page 23790]] 

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Senoria Clarke, Attorney, Office of the Chief Counsel, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Washington, DC 20229, 202 927-6900

RIN: 1515-AB58
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________

2832.  TEMPORARY IMPORTATION BONDS; ANTICIPATORY BREACH, 
ASSESSMENT AMOUNTS, PETITIONS FOR RELIEF

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1481; 19 USC 1484; 19 
USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624

CFR Citation:  19 CFR 10

Legal Deadline: None

Abstract: Document amends the Customs Regulations to permit 
anticipatory breach and provide for early payment of liquidated damages 
in Temporary Importation Bond (TIB) cases. It also amends the 
regulations to permit assessment of liquidated damages in excess of 
double the duties in those cases where the district director requires 
extra bonding in order to protect the revenue and to state that the 
term ``duties'' for TIB assessment shall also include any applicable 
merchandise processing fees that otherwise would be charged on any 
entry for consumption.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/29/92                    57 FR 44714
NPRM Comment Period End         11/30/92                    57 FR 44714
Final Action                    05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeremy Baskin, Attorney, Penalties Branch, Department 
of the Treasury, United States Customs Service, 1301 Constitution 
Avenue NW., Franklin Court, Washington, DC 20229, 202 482-6950

RIN: 1515-AB65
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
United States Customs Service (CUSTOMS)
______________________________________________________________________


2833.  WAREHOUSE WITHDRAWALS; AIRCRAFT FUEL SUPPLIES; 
PIPELINE TRANSPORTATION IN BOND OF MERCHANDISE

Priority:  Substantive, Nonsignificant

Legal Authority:  19 USC 66; 19 USC 1202; 19 USC 1321; 19 USC 1481; 19 
USC 1484; 19 USC 1498; 19 USC 1508; 19 USC 1623; 19 USC 1624; 19 USC 
1557; 19 USC 1551; 19 USC 1552; 19 USC 1553; 19 USC 1553a

CFR Citation:  19 CFR 10; 19 CFR 18

Legal Deadline: None

Abstract: Document implements certain statutory amendments to the 
Customs laws regarding recordkeeping for merchandise transported by 
pipeline and duty-free withdrawals from Customs bonded warehouses of 
aircraft turbine fuel. These statutory amendments are contained in the 
Customs Modernization provisions of the North American Free Trade 
Agreement Implementation Act. The document also clarifies the 
procedures applicable to aircraft turbine fuel which is withdrawn from 
a Customs bonded warehouse for certain duty-free use and is commingled 
with other lots of fuel before being so used.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              05/00/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William G. Rosoff, Chief, Entry Rulings Branch, 
Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
7040

RIN: 1515-AB67



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2834. HIGHEST DEGREE OF CARE AND DILIGENCE TO PREVENT UNMANIFESTED 
NARCOTICS AND MARIJUANA

CFR Citation:  19 CFR 162

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harriett D. Blank, 202 482-6950

RIN: 1515-AA67
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2835. UNITED STATES-ISRAEL FREE TRADE

CFR Citation:  19 CFR 10

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robyn Day, 202 927-0360

RIN: 1515-AA84
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2836. BROKER COMPLIANCE

CFR Citation:  19 CFR 111

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Bruce Friedman, 202 927-0380

RIN: 1515-AA85
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2837. CONTRACTING OUT OF INVESTIGATIONS

CFR Citation:  19 CFR 111.14; 19 CFR 112

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Frank Algozzini, 202 927-0006

RIN: 1515-AA90


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

[[Page 23791]]
2838. QUOTA PROCESSING

CFR Citation:  19 CFR 132; 19 CFR 141; 19 CFR 142

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Linda Mays, 202 566-8592

RIN: 1515-AA98
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2839. AIRCRAFT ARRIVING FROM PUERTO RICO AND U.S. VIRGIN ISLANDS

CFR Citation:  19 CFR 122

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Bamford, 202 927-1930

RIN: 1515-AA99
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2840. INVOICE REQUIREMENTS

CFR Citation:  19 CFR 141.89

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Leo Wells, 202 927-0742

RIN: 1515-AB17
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2841. PAY REFORM FOR CUSTOMS INSPECTIONAL SERVICES

CFR Citation:  19 CFR 4; 19 CFR 24; 19 CFR 122; 19 CFR 123; 19 CFR 134

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    09/12/94                    59 FR 46752
Final Action Effective          10/12/94                    59 FR 46752

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kevin Cummings, 202 927-1391

RIN: 1515-AB30
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2842. CUSTOMS VALUATION OF MERCHANDISE SOLD FOR EXPORTATION TO THE 
UNITED STATES

CFR Citation:  19 CFR 152

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/30/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Laurie Ross, 202 482-7010

RIN: 1515-AB35
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2843. ESTABLISHMENT OF CONDITIONAL RELEASE PERIOD FOR TEXTILES AND 
TEXTILE PRODUCTS

CFR Citation:  19 CFR 141

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    12/02/94                    59 FR 61798
Final Action Effective          01/03/95                    59 FR 61798

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeremy Baskin, 202 482-6950

RIN: 1515-AB39
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2844. AUTHORIZATION OF BONDED CARRIERS TO TRANSPORT CARGO WITHIN 
PORT LIMITS WITHOUT OBTAINING CARTMAN'S LICENSE

CFR Citation:  19 CFR 19; 19 CFR 112; 19 CFR 113; 19 CFR 118; 19 CFR 
125; 19 CFR 146

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    10/12/94                    59 FR 51492
Final Action Effective          11/14/94                    59 FR 51492

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ernest Cunningham, 202 927-0167

RIN: 1515-AB57
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________

2845.  EXTENSION OF IMPORT RESTRICTIONS ON MAYAN ARTIFACTS 
FROM THE PETIN REGION OF GUATEMALA

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 19 
USC 2612

CFR Citation:  19 CFR 12

Legal Deadline: None

Abstract: Document amends the Customs Regulations to reflect the 
extension of the import restrictions on Maya artifacts from the Petin 
Region, Guatemala, which were imposed by T.D. 91-34.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    11/02/94                    59 FR 54817
Final Action Effective          11/02/94                    59 FR 54817

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donnette Rimmer, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
6960

RIN: 1515-AB63
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
United States Customs Service (CUSTOMS)
______________________________________________________________________


2846.  PREHISPANIC ARTIFACTS FROM EL SALVADOR

Legal Authority:  5 USC 301; 19 USC 66; 19 USC 1202; 12 USC 1624; 19 
USC 2612

CFR Citation:  19 CFR 12

Legal Deadline: None

Abstract: Amendment reflects the imposition of import restrictions on 
certain prehispanic artifacts from El Salvador. Restrictions are 
imposed pursuant to an agreement between the United States and the 
Republic of El Salvador entered into under the authority of the 
Convention on Cultural Property Implementation Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    03/10/95                    60 FR 13351
Final Action Effective          03/10/95                    60 FR 13351

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donnette Rimmer, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 1301 
Constitution Avenue NW., Franklin Court, Washington, DC 20229, 202 482-
6960

RIN: 1515-AB70
[FR Doc. 95-6599 Filed 05-05-95; 8:45 am]
BILLING CODE 4820-02-F


[[Page 23792]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
Internal Revenue Service (IRS)
______________________________________________________________________

Internal Revenue Service

26 CFR Ch. I

Improving Government Regulations; Semiannual Agenda of Regulations

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Semiannual agenda of regulations.

______________________________________________________________________

SUMMARY: This semiannual agenda lists the regulations that the IRS will 
be developing from April 1, 1995, through March 31, 1996. 
Determinations with respect to the agenda were made as of January 31, 
1995. The purpose of this semiannual agenda is to give the public 
adequate notice of regulatory activities of the IRS.

FOR FURTHER INFORMATION CONTACT: Mike Slaughter, (202) 622-7190, not a 
toll-free call, Regulations Unit, Assistant Chief Counsel (Corporate), 
Office of Chief Counsel, Internal Revenue Service, P.O. Box 7604, Ben 
Franklin Station, Washington, DC 20044, Attention: CC:DOM:CORP:T:R.

SUPPLEMENTARY INFORMATION:

General

    Section 4 of Executive Order 12866 and section 602 of the 
Regulatory Flexibility Act both require that a semiannual agenda of 
regulations under development and review be published in the 
Federal Register. The next semiannual agenda of the IRS will be 
published in the Federal Register in October of 1995.

Description

    This semiannual agenda of regulations lists all projects within 
the IRS as of January 31, 1995. This agenda lists existing 
regulations under development by the Offices of the Assistant Chief 
Counsel (Corporate), Assistant Chief Counsel (Field Service), 
Assistant Chief Counsel (Financial Institutions and Products), 
Assistant Chief Counsel (Income Tax and Accounting), Assistant 
Chief Counsel (Passthroughs & Special Industries), Assistant Chief 
Counsel (Criminal Tax), Assistant Chief Counsel (General 
Litigation), Associate Chief Counsel (Employee Benefits and Exempt 
Organizations), and Associate Chief Counsel (International) of the 
Office of Chief Counsel, IRS. The following information is provided 
for each regulation project: The title; priority status; its 
effect, if any, on small business; the part of the Code of Federal 
Regulations affected; the legal authority for issuing the 
regulation; a brief description of the problem to be addressed in 
the regulation; and a timetable of action taken and to be taken. 
Under ``Additional Information,'' there is provided the control 
number of the project within the Chief Counsel's office and the 
names and telephone numbers of the drafting and reviewing 
attorneys.

    By direction of the Secretary of the Treasury.

Margaret Milner Richardson,

Commissioner of Internal Revenue.

                                  Internal Revenue Service--Proposed Rule Stage                                 
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2847        26 USC 0041  Definition of Qualified Research and Computation of Research Credit Under              
            Section 41 of the Code, After 1986 Act and 1989 Act...................................    1545-AO51 
2848        26 USC 0072  Loans Treated as Distributions...........................................    1545-AE41 
2849        26 USC 0072  Ten Percent Additional Tax on Early Distribution From Qualified Plans....    1545-AN16 
2850        26 USC 0079  Section 79, Table I, Update..............................................    1545-AN54 
2851        26 USC 0083  Revision of Section 83 Deduction Rules...................................    1545-AN55 
2852        26 USC 0104  Personal Injury Damages..................................................    1545-AT29 
2853        26 USC 0141  Definition of ``Private Activity Bond'', ``Qualified Bond''..............    1545-AM01 
2854        26 USC 0163  Qualified Residence Interest.............................................    1545-AL67 
2855        26 USC 0168  Lease Term of Tax-Exempt Use Property....................................    1545-AT33 
2856        26 USC 0168(i)(5)  Changes in Use Under Section 168(i)(5).............................    1545-AJ38 
2857        26 USC 0170(f)(8)  Self-Employment Tax Treatment of Members of Certain Limited                      
            Liability Companies...................................................................    1545-AS94 
2858        26 USC 0170(f)(8)  Substantiation of Certain Charitable Contributions of Limited                    
            Liability Companies...................................................................    1545-AS95 
2859        26 USC 0179A  Determination of Section 30 Credit and Section 179A Deduction...........    1545-AR66 
2860        26 USC 0280B  Demolition of Structures Definitions....................................    1545-AR63 
2861        26 USC 0337(d)  Scope of General Utilities Repeal.....................................    1545-AN21 
2862        26 USC 0337(d)  Corporate Inversion Transactions......................................    1545-AS91 
2863        26 USC 0337(D)  Section 337(d) Regulations on Combining Transactions..................    1545-AT20 
2864        26 USC 0338  Section 338(h)(10) and Insurance Companies...............................    1545-AS56 
2865        26 USC 0403  Nondiscrimination and Other Rules Applicable to Section 403(b) Annuities.    1545-AI90 
2866        26 USC 0412  Revising the Definition of the Full Funding Limitation for Purpos es of                
            the Minimum Funding Requirement for Pension Plans.....................................    1545-AL53 
2867        26 USC 0417  Disclosure Guidelines for QJSA Waiver....................................    1545-AQ36 
2868        26 USC 0417  Valuation of Plan Distribution...........................................    1545-AT27 
2869        26 USC 0419  Treatment of Funded Welfare Benefit Plans................................    1545-AG14 
2870        26 USC 0446  Hybrid Instruments.......................................................    1545-AR13 
2871        26 USC 0453  Section 453(h) Regulations...............................................    1545-AB43 
2872        26 USC 0460  Definition of a Long-Term Contract.......................................    1545-AQ30 
2873        26 USC 0461  Effective Dates of the Economic Performance Requirements.................    1545-AT16 
2874        26 USC 0468B  Escrow Funds and Other Similar Funds....................................   1545-AR82  
                             [[Page 23793]]
                                                                                                                
2875        26 USC 0469  Application of Passive Activity Loss and Credit Limitations to Trusts,                 
            Estates, and Their Beneficiaries......................................................    1545-AN62 
2876        26 USC 0471  Inventories by Dealers in Securities Section 1.471-5.....................    1545-AS57 
2877        26 USC 0584  Merger or Division of Common Trust Funds--Section 584....................    1545-AQ64 
2878        26 USC 0595(d)  Treatment of Income and Expenses With Respect to Foreclosed Property                
            by Certain Mutual Savings Institutions................................................    1545-AS78 
2879        26 USC 0672  Income Taxation of Trusts and Estates....................................    1545-AJ20 
2880        26 USC 0731(c)(7)  Partnership Distributions of Marketable Securities.................    1545-AT19 
2881        26 USC 0736  Section 736 - LLC Members................................................    1545-AT31 
2882        26 USC 0743  Adjustments Following Sales of Partnership Interests.....................    1545-AS39 
2883        26 USC 0752  Partnership Liabilities..................................................    1545-AR62 
2884        26 USC 0842  Taxation of Foreign Insurance Companies Doing Business in the United                   
            States, Including the Explication of the Minimum Net Investment Income Calculation....    1545-AN31 
2885        26 USC 0860E  REMIC Regulations.......................................................    1545-AR88 
2886        26 USC 0865  Source Rules for Personal Property Sales.................................    1545-AJ83 
2887        26 USC 0881  Bank Exclusion From Portfolio Interest...................................    1545-AQ39 
2888        26 USC 0883(c)(3)  Clarification of Section 883(c) Publicly-Traded Exception..........    1545-AR77 
2889        26 USC 0897(c)(3)  FIRPTA Cleanup.....................................................    1545-AJ72 
2890        26 USC 0902  Deemed Paid Credit Under Section 902 Determined on Accumulated Basis.....    1545-AL98 
2891        26 USC 0936  OBRA 1993 Section 936 Reg................................................    1545-AS43 
2892        26 USC 0953(d)  Foreign Insurance Company--Domestic Election..........................    1545-AO25 
2893        26 USC 0954  Amendment to Subpart F Definitions.......................................    1545-AR31 
2894        26 USC 0956A  Earnings Invested in Excess Passive Assets..............................    1545-AS47 
2895        26 USC 0960  Deemed-Paid Credit Under Section 960, Determined on Accumulated Basis....    1545-AQ34 
2896        26 USC 1041  Stock Redemption Incident to Divorce.....................................    1545-AT24 
2897        26 USC 1245  Partnerships and Depreciation Recapture..................................    1545-AT32 
2898        26 USC 1254  Income Tax--Gain From Disposition of Interest in Oil, Gas, Geothermal, or              
            Other Mineral Properties by S Corporations and Their Shareholders.....................    1545-AM98 
2899        26 USC 1276  Disposition Gain Representing Accrued Market Discount Treated as Ordinary              
            Income; Deferral of Interest Deduction Allocable to Accrued Market Discount...........    1545-AH82 
2900        26 USC 1295  QEF Shareholder Election.................................................    1545-AM41 
2901        26 USC 1296  Passive Foreign Investment Companies - Special Rules for Foreign Banks                 
            and Securities Dealers................................................................    1545-AS46 
2902        26 USC 1377  Income Tax--Definitions and Special Rules Pertaining to S Corporations...    1545-AE94 
2903        26 USC 1441  General Revision of Section 1441 Regulations.............................    1545-AO27 
2904        26 USC 1491  Regulations Under Sections 1491, 1492, and 1494..........................    1545-AN39 
2905        26 USC 1504  Income Tax--Includibility in an Affiliated Group of Subsidiaries Formed                
            To Comply With Foreign Laws...........................................................    1545-AC58 
2906        26 USC 2056A  QDOT Security Requirements..............................................    1545-AS67 
2907        26 USC 3306  Treatment of Certain Deferred Compensation and Salary Reduction                        
            Arrangements..........................................................................    1545-AF97 
2908        26 USC 3406  Information Reporting and Backup Withholding.............................    1545-AL99 
2909        26 USC 4003  Luxury Excise Tax Changes Under OBRA 1993................................    1545-AS34 
2910        26 USC 4082  Diesel Fuel Excise Tax; Dye Injection Systems and Markers................    1545-AT18 
2911        26 USC 4091  Excise Tax on Aviation Fuel..............................................    1545-AL43 
2912        26 USC 4251  Communications Tax Regulations...........................................    1545-AP67 
2913        26 USC 4671  Chemical Tax Under Section 4461 and Imported Substance Tax Under Section               
            4671..................................................................................    1545-AL73 
2914        26 USC 6038  Information Reporting and Record Maintenance Under Section 6038C.........    1545-AP10 
2915        26 USC 6046A  6046A - Returns as to Interests in Foreign Partnerships.................    1545-AK75 
2916        26 USC 6081  Extension of Time To File................................................    1545-AR85 
2917        26 USC 6109  Amendment to Section 6109 Regulations....................................    1545-AS83 
2918        26 USC 6114  Revision of Section 6114 Regulations.....................................    1545-AT00 
2919        26 USC 6231  Limited Liability Company Tax Matters Partner............................    1545-AS09 
2920        26 USC 6302  Deposits of Excise Tax...................................................    1545-AT25 
2921        26 USC 7425  Redemptions of Real Property Under IRC 7425--Excess Expenses.............    1545-AL20 
2922        26 USC 7503  Update of List of Legal Holidays for Purposes of Time for Performance of               
            Acts..................................................................................    1545-AT22 
2923        26 USC 7518  Interim Fishing Vessel Capital Construction Fund Procedures..............    1545-AS69 
2924        26 USC 7701  Environmental Settlement Funds--Classification 7701......................    1545-AT02 
2925        26 USC 7701  Environmental Settlement Funds - Classification..........................    1545-AT34 
2926        26 USC 7704  Certain Publicly Traded Partnerships Treated as Corporations.............    1545-AL57 
2927        26 USC 7805  Income Tax--Presumption of Jeopardy in the Case of Illegal Activity Cash.   1545-AE30  
                                                                                                                               [[Page 23794]]
                                                                                                                
2928        26 USC 7805  Procedure and Administration Regulations--Payment of Taxes by Check or                 
            Money Order and Liability of Financial Institutions for Unpaid Taxes..................    1545-AI24 
2929        26 USC 7805  Extension of Statute of Limitations in John Doe Summons Disputes.........    1545-AM67 
2930        26 USC 7805  Suspension of Running of Period of Limitations During Proceeding To                    
            Enforce Designated Summons............................................................    1545-AQ01 
2931        26 USC 7805  Technical Corrections for Chapter 14.....................................    1545-AR49 
2932        26 USC 7805  Disclaimer of Interests and Power........................................    1545-AR52 
2933        26 USC 7805  Automatic Extension of Time for Filing Individual Tax Returns............    1545-AS04 
2934        26 USC 7805  Automatic Extension of Time for Filing Individual Tax Returns............    1545-AS05 
2935        26 USC 7805  Liability of Third Parties Paying or Providing for Wages, Suit, and Its                
            Extension and Maximum Amount Recoverable..............................................    1545-AS22 
2936        26 USC 7805  Seals of Office in Connection With IRC Section 7514......................    1545-AS61 
2937        26 USC 7805  Debt Instruments With OID; Annuity Contracts.............................    1545-AS76 
2938        26 USC 7805  Intangible Amortization Advance Notice...................................    1545-AS77 
2939        26 USC 7805  Reissuance of Qualified Tender Bonds.....................................    1545-AT09 
2940        26 USC 7805  Filing Returns, Statements, or Other Documents With Electronic Signatures    1545-AT23 
2941        26 USC 7872  Regulations on Income Tax Under the Tax Reform Act of 1984, Relating to                
            Below-Market Loans....................................................................    1545-AH72 
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Final Rule Stage                                   
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
2942        05 USC 0552  Statement of Procedural Rules--Part 601.702..............................    1545-AR99 
2943        25 USC 7805  Grantor Trust Reporting Requirements.....................................    1545-AS37 
2944        26 USC 0061  Moving Expenses of Military Personnel....................................    1545-AS98 
2945        26 USC 0101(a)  The Treatment of Accelerated Death Benefits Under Sections 101, 7702                
            and 7702A of the Internal Revenue Code................................................    1545-AQ70 
2946        26 USC 0162  Lobbying Expense Deductions--Dues........................................    1545-AS18 
2947        26 USC 0162  Allocationg Expenses to Lobbying.........................................    1545-AS26 
2948        26 USC 0162(k)  Continuation Coverage Requirements of Group Health Plans..............    1545-AI93 
2949        26 USC 0162(M)  Million-Dollar Cap on Deduction for Executive Compensation............    1545-AS23 
2950        26 USC 0163  Earnings Stripping Payments..............................................    1545-AO24 
2951        26 USC 0170  Substantiation of Contributions Made by Payroll Deduction................    1545-AS27 
2952        26 USC 0179A  Recapture--Clean Fuel/Electric Vehicles.................................    1545-AR23 
2953        26 USC 0263A  Rules for Farmers.......................................................    1545-AQ91 
2954        26 USC 0263A  Production of Creative Property.........................................    1545-AQ92 
2955        26 USC 0263A  Foreign Taxpayers.......................................................    1545-AQ93 
2956        26 USC 0263A  Method Change Rules for the Uniform Capitalization Rules................    1545-AQ94 
2957        26 USC 0280G  Golden Parachute Payments...............................................    1545-AH49 
2958        26 USC 0305(c)(1)  Treatment of Premiums on Stock Callable at the Option of the Issuer    1545-AQ42 
2959        26 USC 0337(d)  Guidance in Notice 89-37, Which Treats the Receipt of a Corporate                   
            Partner's Stock by the Corporate Partner as a Circumvention of General Utilities                    
            Repeal................................................................................    1545-AP52 
2960        26 USC 0337(d)  YOC Heating...........................................................    1545-AT15 
2961        26 USC 0338  Deemed Purchase Price When Certain Stock Purchases Are Treated as Asset                
            Acquisitions..........................................................................    1545-AF29 
2962        26 USC 0338  Amendment of Section 1.338-5T Regulations................................    1545-AO73 
2963        26 USC 0358  Income Tax--Triangular Reorganizations, Basis and Other Consequences.....    1545-AB21 
2964        26 USC 0367  Amendment of the Income Tax Regulations Under Section 367 of the Code                  
            (Transfers to Foreign Corporations) To Reflect Section 131 of the Tax Reform Act of                 
            1984 (P.L. 98-369)....................................................................    1545-AK74 
2965        26 USC 0367  Transfers of Stock or Securities by U.S. Persons to Foreign Corporations.    1545-AP81 
2966        26 USC 0367(b)  Income Tax--Part 1--Stock Transfer Rules..............................    1545-AI32 
2967        26 USC 0402(c)  Twenty Percent Withholding on Eligible Rollover Distribution..........    1545-AR01 
2968        26 USC 0404A  Income Tax--Deduction for Certain Foreign Deferred Compensation Plans...    1545-AD81 
2969        26 USC 0414(q)  Definition of ``Highly Compensated Employee''.........................    1545-AQ74 
2970        26 USC 0417  Valuation of Plan Distribution...........................................    1545-AT28 
2971        26 USC 0469  Special PAL Rules 469....................................................    1545-AS38 
2972        26 USC 0469(l)  Limitations on Passive Activity Losses and Credits--Self-Charged Items    1545-AN64 
2973        26 USC 0482  Section 482, Cost Sharing Regulations....................................   1545-AM00  
                             [[Page 23795]]                                                         
                                                                                                                
2974        26 USC 0704(c)  Recognition of Pre-Contribution Gain or Loss..........................    1545-AR93 
2975        26 USC 0737  Section 737 Distributions................................................    1545-AR48 
2976        26 USC 0863  Special Rules for Determining Source.....................................    1545-AQ81 
2977        26 USC 0864  Integrated Financial Transaction.........................................    1545-AR20 
2978        26 USC 0864(d)  Treatment of Related Person Factoring Income; Certain Investments in                
            United States Property; and Stock Redemptions Through Related Corporations............    1545-AH85 
2979        26 USC 0882  Computation of Interest Expense Deduction................................    1545-AL84 
2980        26 USC 0884  Amendments to the Branch Profits Tax Under Sections 884 and 864..........    1545-AQ58 
2981        26 USC 0897  Nonrecognition of Corporate Distributions and Reorganizations Under the                
            Foreign Investment in Real Property Tax Act...........................................    1545-AK79 
2982        26 USC 0898  Conforming Taxable Years of CFCs and FPHCs: 1989 Change..................    1545-AO22 
2983        26 USC 0904  Resourcing Income To Prevent Avoidance of Foreign Tax Credit Limitation                
            Rules Relating to Foreign Losses......................................................    1545-AN87 
2984        26 USC 0904(d)(5)  Application of Section 904 to Income Subject to Separate                         
            Limitations and Section 864(e) Affiliated Group Expert Allocation Rules...............    1545-AQ43 
2985        26 USC 0905  Income Tax--Taxpayer's Obligation To File a Notice of Redetermination of               
            Foreign Tax and Civil Penalties for Failure to File...................................    1545-AC09 
2986        26 USC 0936  Income Tax--Definition of Qualified Possession Source Investment Income                
            for Purposes of Puerto Rico and Possession Tax Credit.................................    1545-AC10 
2987        26 USC 0936  Section 936 Regulations..................................................    1545-AR18 
2988        26 USC 0936(d)(4)  CBI Investments of Section 936 Funds...............................    1545-AM91 
2989        26 USC 0953(c)  Insurance Income......................................................    1545-AJ70 
2990        26 USC 0954  Subpart F Definitions....................................................    1545-AM15 
2991        26 USC 0964  Use of GAAP Earnings as E&P of Foreign Corporations......................    1545-AQ55 
2992        26 USC 0985  Rules for a QBU Changing From the Profit-and-Loss Method to DASTM........    1545-AR28 
2993        26 USC 0985  Change From the Dollar Approximate Separate Transactions Method (DASTM)                
            to the Profit-and-Loss Method of Accounting...........................................    1545-AS68 
2994        26 USC 0988  Mark-to-Market Method of Accounting Under Section 988....................    1545-AP78 
2995        26 USC 1001  Modifications of Debt Instruments........................................    1545-AR04 
2996        26 USC 1244  Section 1244, Information Statement......................................    1545-AS97 
2997        26 USC 1275  Contingent and Variable Debt Instruments.................................    1545-AQ86 
2998        26 USC 1275(d)  Debt Instruments With Original Issue Discount: Anti-Abuse Rule........    1545-AS35 
2999        26 USC 1291  Treatment of Shareholders of Passive Foreign Investment Companies........    1545-AC06 
3000        26 USC 1291(d)(2)  Passive Foreign Investment Companies...............................    1545-AI33 
3001        26 USC 1361  Income Tax--Definition of S Corporation..................................    1545-AE86 
3002        26 USC 1445  Section 1445 Regulation Revisions Due to 1993 Tax Act....................    1545-AS51 
3003        26 USC 1446  Temporary Regulation on Withholding Tax on Payments From Partnerships to               
            Foreign Partners......................................................................    1545-AL32 
3004        26 USC 1502  Consolidated Groups and Controlled Groups--Intercompany Transactions and               
            Related Rules.........................................................................    1545-AL63 
3005        26 USC 1502  Consolidated Alternative Minimum Tax.....................................    1545-AN73 
3006        26 USC 2056  Alien Spouse Marital Deduction...........................................    1545-AM85 
3007        26 USC 2653(b)  Estate Tax--Generation Skipping Transfer Tax..........................    1545-AJ11 
3008        26 USC 3402  Electronic Filing of Form W-4............................................    1545-AR67 
3009        26 USC 3402(R)  Withholding on Distributions of Indian Casino Profits to Tribal                     
            Members...............................................................................    1545-AT11 
3010        26 USC 3406  Backup Withholding Under Section 3406....................................    1545-AE20 
3011        26 USC 3508  Treatment of Real Estate Agents and Direct Sellers as Nonemployees for                 
            Employment Tax Purposes--Reporting Requirements With Respect to Direct Sellers........    1545-AE62 
3012        26 USC 4001  Retail Excise Taxes on Certain Luxury Items..............................    1545-AP24 
3013        26 USC 4081  Diesel Fuel Excise Tax...................................................    1545-AR92 
3014        26 USC 4081  Diesel Fuel Tax--Gasohol.................................................    1545-AS10 
3015        26 USC 4611  Tax on Petroleum.........................................................    1545-AJ23 
3016        26 USC 4682  Exports of Ozone-Depleting Chemicals.....................................    1545-AQ23 
3017        26 USC 4941  Excise Tax on Self-Dealing by Private Foundations........................    1545-AT03 
3018        26 USC 6033  Amendment of Section 1.6033-2(g)(5) Relating to Returns by an Integrated               
            Auxiliary of a Church.................................................................    1545-AI52 
3019        26 USC 6039E  Information From Passport and Immigration Applicants....................    1545-AJ93 
3020        26 USC 6050I  Cash Reporting by Court Clerks..........................................    1545-AT06 
3021        26 USC 6051  IRC Section 6051.........................................................    1545-AN57 
3022        26 USC 6061  Voice Signatures.........................................................    1545-AQ68 
3023        26 USC 6109  Authority of the FCIC To Require Employer Identification Numbers for                   
            Certain Taxpayers.....................................................................    1545-AQ49 
3024        26 USC 6114  6114 Reporting Requirements Waived.......................................   1545-AP35  
                                                                                                                               [[Page 23796]]
                                                                                                                
3025        26 USC 6205  Interest-Free Adjustments................................................    1545-AQ61 
3026        26 USC 6231(a)(7)  Limited Liability Company Tax Matters Partner......................    1545-AQ47 
3027        26 USC 6302  Railroad Unemployment Repayment Tax......................................    1545-AN40 
3028        26 USC 6302  Federal Tax Deposits by Electronic Funds Transfer........................    1545-AS79 
3029        26 USC 6302  Deposits of Excise Tax...................................................    1545-AT26 
3030        26 USC 6662  Imposition of Accuracy-Related Penalty...................................    1545-AS24 
3031        26 USC 6662  Revise Disclosure Standard for Accuracy-Related Penalty Regulations......    1545-AS58 
3032        26 USC 7409  Political Activity Injunction............................................    1545-AO77 
3033        26 USC 7520  Actuarial Tables Exceptions..............................................    1545-AR56 
3034        26 USC 7701  Taxable Mortgage Pools...................................................    1545-AP98 
3035        26 USC 7701  Regulations Dealing With Conduit Arrangements............................    1545-AS40 
3036        26 USC 7805  Certain Elections Under the Omnibus Budget Reconciliation Act of 1993....    1545-AS14 
3037        26 USC 7805  Information Reporting for Discharge of Indebtedness......................    1545-AS21 
3038        26 USC 7805  Arbitrage Restriction on Tax-Exempt Bonds................................    1545-AS49 
3039        26 USC 7805  Lobbying Expenses........................................................    1545-AS65 
3040        26 USC 7805  Definition of ``Club''...................................................    1545-AS71 
3041        26 USC 7805  Hedging Transactions by Members of Consolidated Groups...................    1545-AS75 
3042        26 USC 7805  Nonbank Trustee Net Worth Requirements...................................    1545-AS92 
3043        26 USC 7805  Reissuance of Qualified Tender Bonds.....................................    1545-AT10 
3044        26 USC 7805  Accuracy-Related Penalty; Reasonable Cause and Good Faith Exception                    
            (GATT)................................................................................    1545-AT13 
3045        26 USC 7805  Modifications of Bad Debt................................................    1545-AT14 
----------------------------------------------------------------------------------------------------------------


                              Internal Revenue Service--Completed/Longterm Actions                              
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
3046        05 USC 0301  Statement of Procedural Rules--Update 2.................................    1545-AR44 
3047        26 USC 0025  Mortgage Credit Certificates.............................................    1545-AH06 
3048        26 USC 0025  Income Tax--Information Reporting for Mortgage Credit Certificates.......    1545-AI39 
3049        26 USC 0025  Reissuance of Mortgage Credit Certificates (Cross-Reference to Temporary               
            Regulations)..........................................................................    1545-AR76 
3050        26 USC 0025(c)  Mortgage Credit Certificates in Targeted Areas........................    1545-AN93 
3051        26 USC 0025(c)  Mortgage Credit Certificates and Targeted Areas.......................    1545-AO05 
3052        26 USC 0042  Low-Income Housing Credit Allocation Rules and Information Reporting                   
            Requirements..........................................................................    1545-AJ65 
3053        26 USC 0042  Low-Income Housing Credit Recapture Rule.................................    1545-AL12 
3054        26 USC 0042  A Detailing of the Minimum Living Area Which Must Constitute a Bedroom                 
            for Purposes of Determining the Gross Rent Limitation Applicable to Rent-Restricted                 
            Units.................................................................................    1545-AO52 
3055        26 USC 0042  10-Year Waiver Regulations Under Section 42 IRC..........................    1545-AO94 
3056        26 USC 0042  Special Rules To Avoid Substantial Distortion for Recovery of Basis on a               
            Contingent Sale.......................................................................    1545-AP41 
3057        26 USC 0042  State Housing Credit Ceiling and Other Rules Relating to the Low-Income                
            Housing Credit........................................................................    1545-AQ41 
3058        26 USC 0042  Rules To Carry Out the Purposes of Section 42 and for Correcting                       
            Administrative Errors and Omissions...................................................    1545-AR46 
3059        26 USC 0044  Disabled Access Credit...................................................    1545-AQ20 
3060        26 USC 0045  Renewable Electricity Production Credit, Section 45......................    1545-AS01 
3061        26 USC 0045B  Credit for Employer Social Security Tax Paid on Employee Tips...........    1545-AS16 
3062        26 USC 0048  Income Tax--Special Rules Added by Sec 223(c) of Crude Oil Windfall                    
            Profit Tax Act 1980, Relating to Reduction of Credit Where Property Is Financed by                  
            Subsidized, Etc.......................................................................    1545-AA26 
3063        26 USC 0055  Minimum Tax Credit and Other Miscellaneous Rules Relating to the                       
            Alternative Minimum Tax...............................................................    1545-AJ86 
3064        26 USC 0055  Alternative Minimum Tax for Individuals..................................    1545-AS44 
3065        26 USC 0055  Alternative Minimum Tax for Individuals (Temp.)..........................    1545-AS45 
3066        26 USC 0056  Income Tax--Inventory Adjustment for the Alternative Minimum Tax.........    1545-AL02 
3067        26 USC 0056  Income Tax--Inventory Adjustment for the Alternative Minimum Tax.........    1545-AL03 
3068        26 USC 0058(h)  Application of Section 58(h) of the 1954 Code to Situations Involving               
            NOL Carrybacks........................................................................    1545-AO36 
3069        26 USC 0059  Alternative Minimum Tax Foreign Tax Credit...............................    1545-AQ33 
3070        26 USC 0061  Amendment to the Regulations Under Section 61 To Conform the Treatment of              
            Bond Premium Income to the Constant Yield Method......................................    1545-AL92 
3071        26 USC 0061  To Clarify That the Service Has Authority To Amend the Standard Industry               
            Fare Level (SIFL) Aircraft Valuation Formula..........................................   1545-AQ16  
                             [[Page 23797]]                                                         
                                                                                                                
3072        26 USC 0061  Taxation of Fringe Benefits..............................................    1545-AQ28 
3073        26 USC 0067  2-Percent Floor on Miscellaneous Itemized Deductions.....................    1545-AJ49 
3074        26 USC 0067  Notice of Allocation of Allocable Investment Expense.....................    1545-AQ82 
3075        26 USC 0071  Treatment of Transfer of Property Between Spouses, Tax Treatment of                    
            Alimony and Separate Maintenance Payments, and Dependency Exemption in the Case of                  
            Child of Divorced Parents.............................................................    1545-AI49 
3076        26 USC 0079  Removing Gender Distinction From Mortality Tables........................    1545-AK50 
3077        26 USC 0089  Nondiscrimination Rules for Non-Pension Employee Benefit Plans...........    1545-AI78 
3078        26 USC 0103  Income Tax--Exemption for Industrial Development Bonds for Water                       
            Facilities............................................................................    1545-AA49 
3079        26 USC 0103  Income Tax--To Define the Term ``Principal User of a Facility''..........    1545-AA56 
3080        26 USC 0103  Income Tax--Mortgage Subsidy Bonds.......................................    1545-AA63 
3081        26 USC 0103  Requiring Certain Debt Obligations To Be Issued in Registered Form.......    1545-AE18 
3082        26 USC 0103  Sections 103(k) and (l)--Relating to Public Approval and Information                   
            Reporting Requirements for Private Activity Bonds.....................................    1545-AE24 
3083        26 USC 0103  $40 Million Small Issue Limit on Tax-Exempt Bonds Per Taxpayer...........    1545-AH19 
3084        26 USC 0103  Definition of ``Reissuance'' Under Section 103...........................    1545-AI65 
3085        26 USC 0103(b)  Tax Exemption of Obligations To Finance Mixed-Use Residential Rental                
            Property..............................................................................    1545-AH68 
3086        26 USC 0108  Income Tax--Discharge of Indebtedness....................................    1545-AA67 
3087        26 USC 0108  Consolidated Attribute Reduction Under Section 108(b)....................    1545-AP95 
3088        26 USC 0108  Purchase Money Debt Reduction Treated as Price Reduction.................    1545-AQ00 
3089        26 USC 0108  Debt Discharge Income, Joint and Several Debts...........................    1545-AR86 
3090        26 USC 0108(b)  Consolidated Attribute Reduction Under Section 108(b).................    1545-AQ84 
3091        26 USC 0117  Exclusion of Qualified Scholarships and Fellowships From Gross Income....    1545-AJ87 
3092        26 USC 0117(d)  Qualified Tuition Reductions..........................................    1545-AI13 
3093        26 USC 0125  Income Tax--Tax Treatment of Cafeteria Plans.............................    1545-AD63 
3094        26 USC 0126  Income Tax--Exclusion From Income of Certain Cost-Sharing Payments Under               
            Government Programs...................................................................    1545-AA73 
3095        26 USC 0129  Dependent Care Assistance................................................    1545-AN17 
3096        26 USC 0131  Income Tax--Part I Exclusion From Gross Income for Certain Foster Care                 
            Payments..............................................................................    1545-AF52 
3097        26 USC 0142  Exempt Sewage Facilities.................................................    1545-AR64 
3098        26 USC 0145  Qualified 501(c)(3) Bonds................................................    1545-AJ39 
3099        26 USC 0146  State Volume Cap for Tax-Exempt Bonds....................................    1545-AJ37 
3100        26 USC 0148(a)  Subsequent Intentional Acts To Earn Arbitrage and the Reasonable                    
            Expectations Test for Arbitrage Bonds.................................................    1545-AN69 
3101        26 USC 0163  Income Tax--Limitations on Deductions for Nonbusiness Interest...........    1545-AK17 
3102        26 USC 0165  Income Tax--Tax Straddles Relating to Section 108 of the Tax Reform Act                
            of 1984...............................................................................    1545-AG57 
3103        26 USC 0165  Section 165..............................................................    1545-AP33 
3104        26 USC 0166  Bank Bad Debts--Conclusive Presumption...................................    1545-AR02 
3105        26 USC 0168  Income Tax--Accelerated Cost Recovery System.............................    1545-AA87 
3106        26 USC 0168  Tax-Exempt Entity Leasing................................................    1545-AH76 
3107        26 USC 0168(i)(4)  General Asset Accounts Under the Accelerated Cost Recovery System..    1545-AN82 
3108        26 USC 0174  Definition of Research and Experimental Expenditures Under Section 174 of              
            the Code..............................................................................    1545-AM92 
3109        26 USC 0195  Income Tax--To Add Provisions Relating to Start-up Expenditures..........    1545-AB02 
3110        26 USC 0197  Amortization--Goodwill Intangibles 197...................................    1545-AS11 
3111        26 USC 0197  Amortization--Goodwill Intangibles 197...................................    1545-AS12 
3112        26 USC 0216  Distributions by Cooperative Housing Association.........................    1545-AO91 
3113        26 USC 0246(c)  Dividends-Received Deduction--Holding Period Reduced for Periods Where              
            Risk of Loss Is Diminished............................................................    1545-AR10 
3114        26 USC 0263A  Produced Property.......................................................    1545-AQ89 
3115        26 USC 0263A  Capitalizaton and Inclusion in Inventory of Certain Costs...............    1545-AQ90 
3116        26 USC 0263A(f)  Capitalization of Interest Expense Relating to Production of Property    1545-AK03 
3117        26 USC 0263A(f)  Capitalization of Interest Expense by Related Parties in the Case of               
            the Production of Certain Property....................................................    1545-AQ85 
3118        26 USC 0265  Proposed Regulations Under Section 265(b)(3).............................    1545-AR98 
3119        26 USC 0267  Losses, Expenses, and Interest in Transactions Between Related Taxpayers.    1545-AN19 
3120        26 USC 0269  Income Tax--Personal Service Corporations................................    1545-AF11 
3121        26 USC 0269B  Rules for Treatment of Foreign Corporation Whose Stock Is Stapled to the              
            Stock of a Domestic Corporation.......................................................    1545-AN20 
3122        26 USC 0274(d)  Income Tax--Substantiation Requirements With Respect to Listed                      
            Property and Substantiation Requirements Relating to the Taxation of Fringe Benefits..   1545-AJ40  
                                                                                                                               [[Page 23798]]
                                                                                                                
3123        26 USC 0280A  Home Tax--Deductions for Expenses Attributable to Business Use of Homes,              
            Rental of Vacation Homes..............................................................    1545-AB09 
3124        26 USC 0280A  Withdrawal of Proposed Regulations Relating to Home Office Deduction....    1545-AR80 
3125        26 USC 0280F  Limitation of Deductions on Passenger Automobiles and Other Listed                    
            Property..............................................................................    1545-AN05 
3126        26 USC 0280F  The Substantiation of Deductions Claimed for the Use of Cellular                      
            Telephones and Computers in a Taxpayer's Trade or Business............................    1545-AP45 
3127        26 USC 0280F  The Substantiation of Deductions Claimed for the Use of Cellular                      
            Telephones and Computers in a Taxpayer's Trade or Business............................    1545-AP46 
3128        26 USC 0304  Section 304 Regulations..................................................    1545-AR40 
3129        26 USC 0337  Recognition of Gain or Loss on Liquidating Sales and Distributions of                  
            Property..............................................................................    1545-AJ01 
3130        26 USC 0337(d)  Application of General Utilities Repeal Regulatory Authority to RICs                
            and REITs.............................................................................    1545-AL65 
3131        26 USC 0338  Income Tax--Elections Under Section 338, as Added by Section 224 of the                
            Tax Equity and Fiscal Responsibility Act of 1982, as Amended by the Technical                       
            Corrections Act of 1982...............................................................    1545-AF38 
3132        26 USC 0338  Section 338(h)(10) as Added to the Code by Section 306 of the Technical                
            Corrections Act of 1982, Relating to Special Elective Recognition of Gain or Loss.....    1545-AF93 
3133        26 USC 0338  Questions and Answers Relating to Miscellaneous Matters Under Section 338    1545-AH88 
3134        26 USC 0338  Statements of Election and Due Dates.....................................    1545-AI53 
3135        26 USC 0361(a)(3)  Fringe Benefit Sourcing Under Section 861..........................    1545-AO72 
3136        26 USC 0367  Section 361 Outbound Transfers of Property to Foreign Corporations.......    1545-AM97 
3137        26 USC 0382  Income Tax--Ownership Change.............................................    1545-AJ00 
3138        26 USC 0382  Section 382--Limitation on Groups Filing Consolidated Returns............    1545-AL36 
3139        26 USC 0382  Reorganizations in Bankruptcy; Stock-for-Debt Exchanges; Use of Parent                 
            Corporation Stock; Triangular ``G'' Reorganizations...................................    1545-AO30 
3140        26 USC 0382  Short Taxable Years and Control Groups...................................    1545-AP14 
3141        26 USC 0382  Suspension of Partnership Income and Expenses Arising From Unpaid                      
            Guaranteed Payments Accrued by Certain Partners.......................................    1545-AP43 
3142        26 USC 0401  Income Tax--Refund of Mistaken Contributions.............................    1545-AD68 
3143        26 USC 0401  Income Tax--Required Distributions From Qualified Plans and Individual                 
            Retirement Accounts and Partial Rollovers of Individual Retirement Accounts...........    1545-AE95 
3144        26 USC 0401  Permissibility of Section 401(h) Account in Combination With an ESOP.....    1545-AP88 
3145        26 USC 0401  Coordination of Nondiscrimination........................................    1545-AQ87 
3146        26 USC 0401(a)(4)  Nondiscrimination Requirements for Qualified Plans.................    1545-AQ76 
3147        26 USC 0401(k)  Cash or Deferred Arrangements.........................................    1545-AQ77 
3148        26 USC 0402  Twenty Percent Withholding on Eligible Rollover Distribution.............    1545-AR35 
3149        26 USC 0404  Treatment of Dividends Deductible Under Section 404(k) for Purposes of                 
            Cash or Deferred Arrangements Described in Section 401(k).............................    1545-AQ96 
3150        26 USC 0409  Income Tax--Part 1; Estate Tax--Part 20, Employee Stock Ownership Plan                 
            Rules Affected by TRA 1986............................................................    1545-AI87 
3151        26 USC 0410(b)  Special Rules in Merger and Acquisition...............................    1545-AM94 
3152        26 USC 0411  Income Tax--Part 1--Benefit Accrual Beyond Normal Retirement Age.........    1545-AI85 
3153        26 USC 0411  Income Tax--Part 1--Minimum Vesting Standards............................    1545-AI88 
3154        26 USC 0414  Income Tax--Employees of an Affiliated Service Group.....................    1545-AD90 
3155        26 USC 0442  Income Tax--Part 1--Amendment of Section 1.442-1 To Provide Simplified                 
            Procedures for Changes of Annual Accounting Period by Certain Exempt Organizations....    1545-AI68 
3156        26 USC 0446  Taxation of Tax-Exempt Organizations' Income From Corporate Sponsorship..    1545-AR19 
3157        26 USC 0446  Notional Principal Contracts.............................................    1545-AR22 
3158        26 USC 0446(E)  Adjustments Required by Changes in Methods of Accounting..............    1545-AS93 
3159        26 USC 0448  Limitation of the Use of the Cash Method of Accounting...................    1545-AJ52 
3160        26 USC 0448  Nonaccrual-Experience Method of Accounting--Clarification of Amounts                   
            Determined To Be Uncollectible........................................................    1545-AM33 
3161        26 USC 0451  Changes to Method of Accounting for Certain Taxpayers Using Accrual                    
            Method of Accounting for Redemption of Trading Stamps and Coupons Pursuant to Section               
            461(H) of the Code....................................................................    1545-AP04 
3162        26 USC 0453  Income Tax--General Rules for Installment Sales..........................    1545-AB42 
3163        26 USC 0453  Income Tax--Installment Obligations Received in Transactions in Which                  
            Gain or Loss Is Generally Not Recognized..............................................    1545-AB44 
3164        26 USC 0453A  Contingent Liability Within the Application of Section 453A.............    1545-AN13 
3165        26 USC 0457  Income Tax--Deferred Compensation Plans of State and Local Governments                 
            and Tax-Exempt Organizations..........................................................    1545-AI89 
3166        26 USC 0460  Subcontracts Between Related Parties That Benefit a Long-Term Contract...   1545-AQ31  
                                                                                                                               [[Page 23799]]
                                                                                                                
3167        26 USC 0460  Look-Back Method for Long-Term Contracts (Mid-Contract Change in                       
            Taxpayer).............................................................................    1545-AQ32 
3168        26 USC 0465  Income Tax--Determination of Amounts at Risk With Respect to Certain                   
            Activities............................................................................    1545-AB52 
3169        26 USC 0465  Aggregation of Certain Activities for Purposes of the At-Risk Rules......    1545-AI02 
3170        26 USC 0465  Application of At-Risk Limitations to the Holding of Real Property.......    1545-AK08 
3171        26 USC 0465  Guidance on What Constitutes an Interest Other Than That of a Creditor...    1545-AO32 
3172        26 USC 0467  Temporary Income Tax Regulations--Deferred Payments for Use of Property                
            or Services...........................................................................    1545-AG81 
3173        26 USC 0468A  Disposition of an Interest in a Nuclear Power Plant.....................    1545-AN06 
3174        26 USC 0469  Limitations on Passive Activity Losses and Credits.......................    1545-AB26 
3175        26 USC 0469  Allocation of Interest Expense Among Expenditures........................    1545-AO93 
3176        26 USC 0469(l)  Limitations on Passive Activity Losses and Credits--Definition of                   
            Activity..............................................................................    1545-AM88 
3177        26 USC 0469(l)(4)  Special Rules for Allocation of Interest Expense Among Expenditures              
            in the Case of Passthrough Entities...................................................    1545-AM79 
3178        26 USC 0472  Income Tax--Three-Year Averaging for Increases in Inventory Value When                 
            Electing LIFO Method of Accounting....................................................    1545-AB55 
3179        26 USC 0474  Simplified Dollar-Value LIFO Method for Certain Small Businesses.........    1545-AK64 
3180        26 USC 0474  Simplified Dollar Value LIFO Method for Certain Small Businesses.........    1545-AN09 
3181        26 USC 0475  Regulations Under Section 475............................................    1545-AS30 
3182        26 USC 0475(a)  Mark-to-Market Upon Disposition.......................................    1545-AS85 
3183        26 USC 0475(a)  Mark-to-Market Upon Disposition.......................................    1545-AS86 
3184        26 USC 0482  Taxation of Global Trading...............................................    1545-AP01 
3185        26 USC 0482  Intercompany Transfer Pricing for Services...............................    1545-AR32 
3186        26 USC 0501  VEBA Qualification--Geographic Locale Restriction........................    1545-AQ66 
3187        26 USC 0514  Income Tax--Unrelated Trade or Business Income...........................    1545-AE00 
3188        26 USC 0593  Income Tax--Limitation on Additions to Bank Loss Reserves................    1545-AB66 
3189        26 USC 0593  Bad Debt Reserve Recapture for Thrift Institutions.......................    1545-AO69 
3190        26 USC 0597  Tax Consequences of Federal Financial Assistance Provided in Connection                
            With Taxable Asset Acquisitions of Troubled Financial Institutions....................    1545-AN71 
3191        26 USC 0601  Statement of Procedural Rules--Appeals Function..........................    1545-AQ18 
3192        26 USC 0643  Property Distributed in Kind and Treatment of Multiple Trusts (Secs. 81                
            and 82 of The Tax Reform Act of 1984).................................................    1545-AI06 
3193        26 USC 0643  Clarification of Section 1.643(a)(3) Relating to the Inclusion of Capital              
            Gain in Distributable Net Income......................................................    1545-AI31 
3194        26 USC 0667  Accumulation Trusts......................................................    1545-AM78 
3195        26 USC 0672  Income Taxation of Trust and Estate--Section 672(f)......................    1545-AR65 
3196        26 USC 0679  Foreign Grantor Trusts...................................................    1545-AO75 
3197        26 USC 0704  Allocations Reflecting Gain or Loss on Property Contributed to a                       
            Partnership...........................................................................    1545-AS00 
3198        26 USC 0706  Income Tax--Items Allocated to Portion of Year Partner Held Interest.....    1545-AB81 
3199        26 USC 0706(b)  Taxable Years of Certain Partnerships.................................    1545-AJ47 
3200        26 USC 0707  Income Tax--Treatment of Payments to Partners Not Acting in Their                      
            Capacity as Partners..................................................................    1545-AG83 
3201        26 USC 0708  Partnership Termination Distributions....................................    1545-AO20 
3202        26 USC 0761  Election Out of Subchapter K for Producers of Natural Gas................    1545-AP23 
3203        26 USC 0809  Mandatory Securities Valuation Reserve...................................    1545-AR59 
3204        26 USC 0842(b)  Foreign Insurance Companies...........................................    1545-AL82 
3205        26 USC 0846  Short/Fiscal Year Discount Factors.......................................    1545-AR58 
3206        26 USC 0847  Special Estimated Tax Payments...........................................    1545-AN33 
3207        26 USC 0860F  Extension of Time for Real Estate Mortgage Investment Conduits To                     
            Provide Reporting Information.........................................................    1545-AP73 
3208        26 USC 0861  Charitable Contributions.................................................    1545-AP30 
3209        26 USC 0861  Recomputation of Allocation and Apportionment of Deduction for State                   
            Income Taxes..........................................................................    1545-AP86 
3210        26 USC 0863  Transportation Income Source Rules.......................................    1545-AJ68 
3211        26 USC 0863  Sourcing Rule Applicable to Certain Insurance Income.....................    1545-AQ37 
3212        26 USC 0864  Tiered Partnership Rules.................................................    1545-AO26 
3213        26 USC 0864(c)(6)  Treatment of Deferred Payments and Appreciation Arising Out of                   
            Business Conducted Within the United States...........................................    1545-AM53 
3214        26 USC 0872(b)  Income Tax--Reciprocal Exemptions for Certain Transportation Income...    1545-AJ57 
3215        26 USC 0881(c)  TEFRA Portfolio Interest Regulation...................................    1545-AR90 
3216        26 USC 0884  Proposed Regulations Under Section 1.884-3...............................    1545-AQ72 
3217        26 USC 0884  Final Regulations Under Section 1.884-2..................................    1545-AQ73 
3218        26 USC 0892  Income of Foreign Governments and International Organizations............   1545-AL93  
                                                                                                                               [[Page 23800]]
                                                                                                                
3219        26 USC 0894  Dividend Withholding--Luxembourg Corporations............................    1545-AQ54 
3220        26 USC 0897  Income Tax--Partnership Rules Regarding Taxation of Foreign Investment in              
            United States Real Property Interests.................................................    1545-AL77 
3221        26 USC 0904(f)  Clarification of Treatment of Separate Limitation Losses..............    1545-AM11 
3222        26 USC 0905  Section 905(b) Regulations...............................................    1545-AP36 
3223        26 USC 0924  FSC Transfer Pricing Rules, Distributions, Dividends Received, Deduction,              
            and Other Special Rules for FSC.......................................................    1545-AI16 
3224        26 USC 0931  Exclusion of Possession Source Income From Gross Income of Certain                     
            Individuals...........................................................................    1545-AS42 
3225        26 USC 0932  Source Rules Within the Virgin Islands...................................    1545-AL40 
3226        26 USC 0932  Coordination of U.S. and Virgin Islands Income Taxes.....................    1545-AS41 
3227        26 USC 0952  Subpart F--Use of Deficits...............................................    1545-AJ71 
3228        26 USC 0955  Subpart F Shipping Amendments............................................    1545-AM46 
3229        26 USC 0964  Earnings and Profits of Controlled Foreign Corporations..................    1545-AM90 
3230        26 USC 0964  Effect of Acquisitive Reorganizations on Earnings and Profits Pools......    1545-AO71 
3231        26 USC 0985  Computation and Characterization of Income of Earnings and Profits Under               
            the Dollar Approximate Separate Transactions Method of Accounting (DASTM).............    1545-AP70 
3232        26 USC 0986  Determination of Foreign Taxes and Foreign Corporations' Earnings and                  
            Profits...............................................................................    1545-AN37 
3233        26 USC 0987  Computation of a Branch's Taxable Income Taxation of Exchange Gain or                  
            Loss on Branch Remittances............................................................    1545-AM12 
3234        26 USC 0993  DISC Regulations.........................................................    1545-AM05 
3235        26 USC 0995  Income Tax--Tax Reform Act of 1984 Relating to Interest Charge DISCs.....    1545-AG71 
3236        26 USC 1016  Basis Adjustment 1016(a)(2)..............................................    1545-AR60 
3237        26 USC 1017  Basis Reduction Due to Cancellation of Indebtedness......................    1545-AP77 
3238        26 USC 1058  Income Tax--Transfers of Securities Under Certain Agreements.............    1545-AC20 
3239        26 USC 1058  Certain Payments Made Pursuant to a Securities Lending Transaction.......    1545-AP71 
3240        26 USC 1059A  Amendment of Regulations Under IRC Section 1059A........................    1545-AS89 
3241        26 USC 1060  Income Tax--Special Allocation Rules for Certain Asset Acquisitions......    1545-AJ06 
3242        26 USC 1092  Income Tax--Tax Straddles................................................    1545-AC21 
3243        26 USC 1092  Character of Gains and Losses in Case of Straddles Where at Least One                  
            Position Is Ordinary and at Least One Position Is Capital.............................    1545-AM57 
3244        26 USC 1092(b)  Income Tax--Tax Reform Act of 1984 Relating to Mixed Straddles........    1545-AH59 
3245        26 USC 1092(b)  Income Tax--Economic Recovery Tax Act of 1981 and the Tax Reform Act                
            of 1984, Relating to Straddles........................................................    1545-AH60 
3246        26 USC 1244  Section 1244 Regulations.................................................    1545-AQ80 
3247        26 USC 1248  Section 1248 - Gain from Sale or Exchange of Stock in Foreign                          
            Corporations..........................................................................    1545-AC31 
3248        26 USC 1248  Gains From Certain Sales or Exchanges in Certain Foreign Corporations....    1545-AL89 
3249        26 USC 1254  Income Tax--Gain From Disposition of Interest in Oil or Gas Property.....    1545-AC35 
3250        26 USC 1256(e)  Hedging Exception to Mark-to-Market Rules for Section 1256 Contracts,               
            Deferral of Certain Straddle Losses, and Wash-Sale and Short-Sale Principles                        
            Applicable to Certain Straddle Transactions...........................................    1545-AI72 
3251        26 USC 1258  Conversion Transactions..................................................    1545-AS87 
3252        26 USC 1275(d)  Debt Instruments With Original Issue Discount: Anti-Abuse Rule........    1545-AS36 
3253        26 USC 1286  Basic Issues Under Section 1286..........................................    1545-AQ25 
3254        26 USC 1286  Certain Stripping Transactions...........................................    1545-AR12 
3255        26 USC 1363(d)  Merger of a C Corporation Into an S Corporation.......................    1545-AR50 
3256        26 USC 1366  Income Tax--Pass-Through of S Corporation Items to Shareholders..........    1545-AE85 
3257        26 USC 1371  Income Tax--Application of Subchapter C Rules to S Corporations..........    1545-AE90 
3258        26 USC 1374  Cross-Reference--Application of Section 1374 Built-In Gains Tax C                      
            Corporations Electing S Corporation Status............................................    1545-AK93 
3259        26 USC 1441  Withholding on Items of Income Covered by an Income Tax Convention.......    1545-AH86 
3260        26 USC 1441  Withholding of Tax on Nonresident Aliens.................................    1545-AN75 
3261        26 USC 1502  Income Tax--Application of Section 465, At-Risk Limitations to Members                 
            That Join in Filing Consolidated Returns..............................................    1545-AC55 
3262        26 USC 1502  Clarifying Deletion of Requirement of Section 1.1502-47(d)(12)(C) That in              
            Applying the Tacking Rule, Profit Life Activities Not Be Separated From Loss Life                   
            Activities............................................................................    1545-AI98 
3263        26 USC 1502  Consolidated Return Regulations; Adjustment on Disposition of Stock of                 
            Subsidiary............................................................................    1545-AL59 
3264        26 USC 1502  Section 1.1502-33........................................................    1545-AL60 
3265        26 USC 1502  Adjustments Reflecting a Restructuring of a Consolidated Group...........    1545-AL62 
3266        26 USC 1502  Limitations on the Use of Certain Losses and Built-In Deductions.........    1545-AP15 
3267        26 USC 1502  Investment Adjustments...................................................   1545-AQ69  
                                                                                                                               [[Page 23801]]
                                                                                                                
3268        26 USC 1502  Consolidated Returns: Separate Return Limitation Years and the Carryback               
            and Carryover of Investment Credits, Foreign Tax Credits, Net Operating Losses, and                 
            Net Capital Losses....................................................................    1545-AR11 
3269        26 USC 1502  Section 1.1502-47 Regulations--Supplemental..............................    1545-AR89 
3270        26 USC 1503  Applications of Section 1503(d) to Partnerships and Other Items..........    1545-AR26 
3271        26 USC 1504  Cross-Reference--Alaska Native Corporations; Requirements for Affiliation              
            in Order To File a Consolidated Return................................................    1545-AK88 
3272        26 USC 1504  Definition of Affiliated Group...........................................    1545-AR70 
3273        26 USC 2001  Estate and Gift Taxes--Unified Credit in Lieu of Exemption, Unified Rate               
            Schedule for Estate and Gift Taxes....................................................    1545-AC60 
3274        26 USC 2032  Estate Tax--Valuation of Certain Farm, Etc., Real Property...............    1545-AC62 
3275        26 USC 2036  Estate and Gift Taxes--Inclusion of Stock in Estate Where Decedent                     
            Retained Voting Rights................................................................    1545-AC63 
3276        26 USC 2039  Estate Tax--Annuity Exclusion Repeal.....................................    1545-AP60 
3277        26 USC 2055  Reformation of Charitable Transfers--Definition of Guaranteed Annuity and              
            Lead Unitrust Interest................................................................    1545-AO31 
3278        26 USC 2056  Marital Deduction - QTIP Elections.......................................    1545-AC67 
3279        26 USC 2056A  QDOT Security Requirements..............................................    1545-AS66 
3280        26 USC 2104  Situs of Partnership Interests Held by a Nonresident Alien for Estate Tax              
            Purposes..............................................................................    1545-AP07 
3281        26 USC 2511  Loan Guarantees..........................................................    1545-AR16 
3282        26 USC 2663  Estate Tax--Generation-Skipping Transfer Tax.............................    1545-AL75 
3283        26 USC 3121  Employment Tax--To Require Withholding of Social Security and Railroad                 
            Retirement Tax From Certain Payments of Sick Pay......................................    1545-AC77 
3284        26 USC 3201  Update of Railroad Retirement Tax Act Regulations........................    1545-AR08 
3285        26 USC 3402  Electronic Filing of Form W-4............................................    1545-AT05 
3286        26 USC 3402(r)  Withholding on Distributions of Indian Casino Profits to Tribal                     
            Members...............................................................................    1545-AT12 
3287        26 USC 3406  Taxpayer Identifying Number Matching Program.............................    1545-AQ51 
3288        26 USC 3406(i)  TIN Matching Program..................................................    1545-AR72 
3289        26 USC 4052  Excise Tax--Excise Tax on Heavy Trucks, Truck Trailers and Semitrailers,               
            and Tractors..........................................................................    1545-AI51 
3290        26 USC 4081  Fuel Floor Stocks Taxes Under OBRA 1993..................................    1545-AS32 
3291        26 USC 4221  Vaccine Exports..........................................................    1545-AR38 
3292        26 USC 4261  Air Transportation Tax Regulations.......................................    1545-AP68 
3293        26 USC 4980  Excise Tax--Part 54, Reversion of Qualified Plan Assets to Employer......    1545-AI82 
3294        26 USC 4980A  Excise Tax--Excess Distributions From Qualified Retirement Plans........    1545-AI81 
3295        26 USC 4992  Excise Tax--Issues Arising Where Multiple Parties Share in Production,                 
            Including Unitizations, Partnerships, Trusts, and Estates.............................    1545-AC94 
3296        26 USC 4996  Excise Tax--Definition of Property Under the Crude Oil Windfall Profit                 
            Tax Act 1980..........................................................................    1545-AD08 
3297        26 USC 6011  Excise Tax--Part 54--Procedure and Administration; Part 301 --Filing of                
            Returns for Payment of Pension Excise Tax on Reversions of Qualified Plan Assets......    1545-AI83 
3298        26 USC 6011  Returns and Payments of Tax Under Federal Insurance Contributions Act....    1545-AQ62 
3299        26 USC 6011  Removal of Signature Requirement from Regulations Governing Requests for               
            Taxpayer Identification Numbers.......................................................    1545-AR81 
3300        26 USC 6012  Telefile Voice Signature Test/Voice Signature Alternative................    1545-AR69 
3301        26 USC 6031  Income Tax--Amendments to Requirements for Return of Partnership Income..    1545-AE40 
3302        26 USC 6038  Information Returns Required of United States Persons With Respect to                  
            Certain Foreign Corporations..........................................................    1545-AQ06 
3303        26 USC 6045  Information Returns on Sales Through COD Accounts........................    1545-AG52 
3304        26 USC 6045  Broker Reporting of Option Transactions..................................    1545-AO40 
3305        26 USC 6048  Section 6048 Regulations.................................................    1545-AR25 
3306        26 USC 6049  Income Tax--To Require Issuers of Certificates of Deposit To Furnish                   
            Issue Price to Brokers................................................................    1545-AK36 
3307        26 USC 6049  Obligation of Brokers To Report Original Issue Discount on Form 1099.....    1545-AM80 
3308        26 USC 6050H  Information Reporting of Points on Mortgage Loans.......................    1545-AO57 
3309        26 USC 6050I  Cash Received by Criminal Court Judge...................................    1545-AT07 
3310        26 USC 6111  Section 6111, Relating to Tax Shelter Registration.......................    1545-AG45 
3311        26 USC 6222  Miscellaneous Rules Relating to Consolidated Administrative and Judicial               
            Proceedings To Determine the Tax Treatment of Partnership Items.......................    1545-AE51 
3312        26 USC 6241  Small S Corporation Exception and Definition of Subchapter S Item........    1545-AJ99 
3313        26 USC 6244  Determination of the Tax Treatment of Subchapter S Items at the Corporate              
            Level.................................................................................    1545-AE96 
3314        26 USC 6302  Deposit of Tax Withheld From Nonresident Aliens and Others...............    1545-AP92 
3315        26 USC 6404(e)  Procedure and Administration--Abatement of Interest...................    1545-AK71 
3316        26 USC 6611  Extension of 45-Day Rule for Disallowance of Entries on Overpayments.....    1545-AS64 
3317        26 USC 6621  Differential Interest Rates and Expanded Crediting of Overpayments                     
            Against Underpayments.................................................................   1545-AK06  
                                                                                                                               [[Page 23802]]
                                                                                                                
3318        26 USC 6651(f)  Fraudulent Failure To File Tax Return; Imposition of Fraud Penalty....    1545-AO84 
3319        26 USC 6655  Accelerated Payment of Estimated Taxes by Corporations...................    1545-AE37 
3320        26 USC 6655  Section 6655 To Provide Special Rule for Annualization Exception to                    
            Estimated Tax Penalty Applicable to Foreign Sales Corporations........................    1545-AQ63 
3321        26 USC 6656  Failure To Make a Deposit of Taxes.......................................    1545-AO87 
3322        26 USC 6662  Imposition of Accuracy-Related Penalty...................................    1545-AS25 
3323        26 USC 6695  Revise Section 1.6695-1(b) of the Income Tax Regulations To Require Tax                
            Return Preparers To Retain Attestations Rather Than Submitting With Return............    1545-AR78 
3324        26 USC 6695  Revision of Regulations To Require Return Procedure Retain Signature                   
            Attestations Rather Than Forwarding With the Return...................................    1545-AR83 
3325        26 USC 6700  Penalty for Promoting Abusive Tax Shelters...............................    1545-AE99 
3326        26 USC 6701  Penalty for Aiding and Abetting in the Understatement of Tax Liability...    1545-AF01 
3327        26 USC 6851  Certificates of Compliance With Income Tax Laws by Departing Aliens......    1545-AN97 
3328        26 USC 7103(b)  Procedure and Administration--Property Seized by the Internal Revenue               
            Service Under the Money Laundering Control Act of 1986................................    1545-AL04 
3329        26 USC 7502  Procedure and Administration--Amendment of Regulations Relating to the                 
            Timely Mailing of Returns, Taxes, and Deposits........................................    1545-AD42 
3330        26 USC 7508  Time for Performing Certain Acts Postponed by Reason of Service in Combat              
            Zone..................................................................................    1545-AP90 
3331        26 USC 7701  Conduit Arrangement Regulations..........................................    1545-AS63 
3332        26 USC 7701(a)(40)  Indian Tribal Governments Treated as States for Certain Purposes..    1545-AF77 
3333        26 USC 7701(b)  Special Rules for S Corps Under 301.7701(b)-7.........................    1545-AS88 
3334        26 USC 7702  Definition of Life Insurance Contract....................................    1545-AL08 
3335        26 USC 7702  Reasonable Mortality Charges.............................................    1545-AO12 
3336        26 USC 7805  Release of Liens.........................................................    1545-AE82 
3337        26 USC 7805  Notice of Lien on Personal Property......................................    1545-AM64 
3338        26 USC 7805  Agreements for Payment for Tax Liability in Installments.................    1545-AM66 
3339        26 USC 7805  Levy and Distraint.......................................................    1545-AM70 
3340        26 USC 7805  Property Exempt From Levy................................................    1545-AN46 
3341        26 USC 7805  Authority To Release Levy and Return Property............................    1545-AN48 
3342        26 USC 7805  Adjustments Required by Changes in Methods of Accounting.................    1545-AR79 
3343        26 USC 7805  Statement of Procedural Rules Update.....................................    1545-AR87 
3344        26 USC 7805  Fuel Floor Stocks Tax of 1993............................................    1545-AR94 
3345        26 USC 7805  Vaccine Floor Stock Tax of 1993..........................................    1545-AR95 
3346        26 USC 7805  Arbitrage Restrictions on Tax-Exempt Bonds...............................    1545-AS50 
3347        26 USC 7805  Disclosure of Return Information to the U.S. Customs Service.............    1545-AS52 
3348        26 USC 7805  Disclosure of Return Information to the U.S. Customs Service.............    1545-AS53 
3349        26 USC 7805  REMIC Variable Interest Rates............................................    1545-AS54 
3350        26 USC 7805  Marital-Specific Portion.................................................    1545-AS59 
3351        26 USC 7805  Subchapter K Anti-Abuse Rule.............................................    1545-AS70 
3352        26 USC 7805  Treatment of Pass-Through Entities Under Section 67......................    1545-AS72 
3353        26 USC 7805  Treatment of Pass-Through Entities Under Section 67......................    1545-AS73 
3354        26 USC 7805  Club Dues Under Section 274..............................................    1545-AS74 
3355        26 USC 7805  Credit for Employer Social Security Tax Paid on Employee Tips............    1545-AS90 
3356        26 USC 7805  Nonbank Trustee Net Worth Requirements...................................    1545-AS96 
3357        26 USC 7805  Allowances Received by Members of the Armed Forces in Connection With                  
            Moves to New Permanent Duty Stations..................................................    1545-AT01 
3358        26 USC 9701  User Fees................................................................    1545-AS84 
----------------------------------------------------------------------------------------------------------------

                                                                                                  

[[Page 23803]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2847. DEFINITION OF QUALIFIED RESEARCH AND COMPUTATION OF RESEARCH 
CREDIT UNDER SECTION 41 OF THE CODE, AFTER 1986 ACT AND 1989 ACT

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; PL 101-239, sec 7110

CFR Citation:  26 CFR 602; 26 CFR 1

Legal Deadline: None

Abstract: The regulations provide clarification on the computation of 
the research credit under section 41 of the Code as a result of 
amendments to section 41 by the Tax Reform Act of 1986, the Revenue 
Reconciliation Act of 1989.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-016-90.
Drafting attorney: Lisa Shuman (202) 622-3120.
Reviewing attorney: Christine Ellison (202) 622-3120.

Agency Contact: Lisa Shuman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3120

RIN: 1545-AO51
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2848. LOANS TREATED AS DISTRIBUTIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 72

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance on the application of 
rules for determining the income tax treatment to be accorded loans to 
participants or beneficiaries from qualified employer plans. The loan 
rules are provided in section 72(p) of the Internal Revenue Code of 
1986.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-106-82.
Drafting attorney: Sharon R. Cohen (202) 622-6080.
Reviewing attorney: Michael Thrasher (202) 622-6000.

Agency Contact: Sharon R. Cohen, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6080

RIN: 1545-AE41
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2849. TEN PERCENT ADDITIONAL TAX ON EARLY DISTRIBUTION FROM 
QUALIFIED PLANS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 72

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Guidance concerning the application of the tax to early 
distributions and an explanation of the exceptions, such as 
substantially equal periodic payments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: Undetermined

Additional Information: EE-080-89.
Drafting attorney: Rebecca Wilson (202) 622-6040.
Reviewing attorney: Jerry Holmes (202) 622-6040.

Agency Contact: Rebecca Wilson, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AN16
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2850. SECTION 79, TABLE I, UPDATE

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 79

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The proposed regulation will update the table used to 
determine the cost amount of group-term life insurance to be included 
in gross income.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: EE-82-89.
Drafting attorney: Betty Clary (202) 622-6070.
Reviewing attorney: James Brokaw (202) 622-6070.

Agency Contact: Betty Clary, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6070

RIN: 1545-AN54
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2851. REVISION OF SECTION 83 DEDUCTION RULES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 83

CFR Citation:  26 CFR 1.83-6

Legal Deadline: None

Abstract: Section 1.83-6(a) is revised to substitute a requirement to 
furnish a W-2 or 1099 for the requirement to withhold income tax as a 
prerequisite for claiming a deduction under section 83(h).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: Businesses, Governmental Jurisdictions, 
Organizations

Government Levels Affected: None

Additional Information: EE-81-88.
Drafting attorney: Charles T. Deliee (202) 622-6060.

Agency Contact: Charles T. Deliee, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-6060

RIN: 1545-AN55
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2852.  PERSONAL INJURY DAMAGES

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1 [[Page 23804]] 

Legal Deadline: None

Abstract: The proposed regulations would provide guidance to taxpayers 
with regard to what types of compensation are excluded from gross 
income under section 104(a)(2) as damages received on account of 
personal injuries or sickness.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-13-95
Drafting Attorney: David Schneider (202) 622-4920.
Reviewing Attorney: Neal Sheldon (202) 622-4920.

Agency Contact: David Schneider, Attorney/Adviser (Tax), Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4920

RIN: 1545-AT29
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2853. DEFINITION OF ``PRIVATE ACTIVITY BOND'', ``QUALIFIED BOND''

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 141

CFR Citation:  26 CFR l

Legal Deadline: None

Abstract: This regulation provides a definition of the term ``private 
activity bond''.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/30/94                    59 FR 67658
NPRM Comment Period End         05/00/95                    59 FR 67658
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-72-88.
Drafting Attorney: Loretta J. Finger (202) 622-3980.
Reviewing Attorney: Mike Bailey (202) 622-3980.

Agency Contact: Loretta J. Finger, Attorney/Advisor, Department of the 
Treasury, Internal Revenue Service, llll Constitution Ave. NW., 
Washington, DC 20224, 202 622-3980

RIN: 1545-AM01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2854. QUALIFIED RESIDENCE INTEREST

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide guidance regarding the 
definition of qualified residence interest, including the definition of 
acquisition debt and guidance regarding the computation of the 
limitation.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-27-88.
Drafting attorney: Sharon L. Hall (202) 622-4930.
Reviewing attorney: Kelly Alton (202) 622-4880.

Agency Contact: Sharon L. Hall, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue, Washington, DC 
20224, 202 622-4930

RIN: 1545-AL67
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2855.  LEASE TERM OF TAX-EXEMPT USE PROPERTY

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide on whether a lease term 
includes an additional period in certain situations, and the treatment 
of certain other transactions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-18-95
Drafting Attorney: John M. Aramburu (202) 622-4960.
Reviewing Attorney: William A. Jackson (202) 622-4960.

Agency Contact: John M. Aramburu, Attorney--Adviser (Tax), Department 
of the Treasury, Internal Revenue Service, 1111 Consititution Ave. NW., 
Washington, DC 20224, 202 622-4960

RIN: 1545-AT33
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2856. CHANGES IN USE UNDER SECTION 168(I)(5)

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 168

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide rules relating to the treatment 
of changes in use of property subject to section 168, as amended by the 
Tax Reform Act of 1986.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-86-86.
Drafting Attorney: Kathleen Reed (202) 622-3110.
Reviewing Attorney: Susan Reaman (202) 622-3110.

Agency Contact: Kathleen Reed, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3110

RIN: 1545-AJ38
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2857. SELF-EMPLOYMENT TAX TREATMENT OF MEMBERS OF CERTAIN LIMITED 
LIABILITY COMPANIES

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation described the self-employment tax treatment 
of members of limited liability companies.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/29/94                    59 FR 67253
NPRM Comment Period End         05/00/95                     60 FR 7488
Final Action                    03/00/96

Small Entities Affected: Businesses [[Page 23805]] 

Government Levels Affected: None

Additional Information: EE-45-94.
Drafting attorney: Marie Cashman (202) 622-6040.
Reviewing attorney: David Fuller (202) 622-6040.
Treasury attorney: Mark Hamelburg (202) 622-1341.

Agency Contact: Marie Cashman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AS94
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2858. SUBSTANTIATION OF CERTAIN CHARITABLE CONTRIBUTIONS OF LIMITED 
LIABILITY COMPANIES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 170(f)(8)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations will provide guidance to the 
public on various issues under section 170(f)(8) of the Internal 
Revenue Code. This section concerns substantiation requirements for 
certain charitable contributions for purposes of the federal income tax 
deduction for charitable contributions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95
Hearing                         06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-44-94
Drafting Attorney: Joel Rutstein (202) 622-4930.
Reviewing Attorney: Karin Gross (202) 622-4930.
Treasury Attorney: Michael Schultz (202) 622-1343.

Agency Contact: Joel Rutstein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4930

RIN: 1545-AS95
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2859. DETERMINATION OF SECTION 30 CREDIT AND SECTION 179A DEDUCTION

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 179A; 26 USC 30

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations will assist taxpayers in determining 
what costs are eligible for the section 30 credit and for the section 
179A deduction and how to compute this credit and this deduction.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           06/09/93                    58 FR 32317
NPRM                            07/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-43-93
Drafting attorney: Winston Douglas (202) 622-3110.
Reviewing attorney: Susan Reaman (202) 622-3110.

Agency Contact: Winston Douglas, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3110

RIN: 1545-AR66
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2860. DEMOLITION OF STRUCTURES DEFINITIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 280B

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide definitions of the terms 
``structure'' and ``demolition'' for purposes of section 280B of the 
Code?

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-39-93
Drafting attorney: Bernard Harvey (202) 622-3110.
Reviewing attorney: Peter Friedman (202) 622-3110.

Agency Contact: Bernard Harvey, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3110

RIN: 1545-AR63
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2861. SCOPE OF GENERAL UTILITIES REPEAL

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 337(d)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The Tax Reform Act of 1986 (the ``Act'') repealed the last 
vestiges of the General Utilities doctrine (``GU repeal''), and 
corporations must recognize gain in most cases upon the distribution of 
appreciated property to their shareholders. The Act granted the 
Secretary authority to promulgate regulations necessary to carry out 
the purposes of the Act. It has been determined that GU repeal can be 
circumvented by conversion of for-profit corporations to tax-exempt 
entities and other transactions involving tax-exempt entities. This 
project will develop regulations to prevent the circumvention of 
corporate-level gain in such transactions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: CO-014-89.
Drafting attorney: Stephen R. Cleary (202) 622-7530.
Reviewing attorney: Wayne T. Murray (202) 622-7530.

Agency Contact: Stephen R. Cleary, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-7530

RIN: 1545-AN21
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2862. CORPORATE INVERSION TRANSACTIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 337(d)

CFR Citation:  26 CFR 1 [[Page 23806]] 

Legal Deadline: None

Abstract: Treatment of corporate inversion transaction where subsidiary 
issues disproportionate number of new shares (shares with a value in 
excess of the value of the parent stock received by the subsidiary) to 
the shareholder of the inverted parent, thereby diluting the parent 
corporation's pre-inversion value.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: CO-35-94
Drafting Attorney: Kirsten L. Simpson (202) 622-7790.
Reviewing Attorney: Ken Cohen (202) 622-7790.
Treasury Attorney: John Rooney (202) 622-1335.

Agency Contact: Kirsten L. Simpson, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-7790

RIN: 1545-AS91
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2863.  SECTION 337(D) REGULATIONS ON COMBINING TRANSACTIONS

Priority:  Other Significant

Legal Authority:  26 USC 337(d); 26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The Treasury Department and the Internal Revenue Service are 
studying whether certain transactions circumvent the purposes of 
General Utilities repeal, necessitating corrective regulations under 
section 337(d). In particular, combining transactions and inversion 
transactions are being studied. A combining transaction is a 
transaction in which one corporation owns stock in another corporation, 
the first corporation is not an ``80-percent distributee'' of the 
second corporation under section 337(c), and the two corporations are 
combined in a transaction qualifying as a corporate reorganization. An 
inversion transaction in which the positions of two or more related 
corporations in the corporate chain are reversed or inverted as a 
result of one or a series of corporate organizations or 
reorganizations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: CO-49-94.
Drafting attorney: Keith E. Stanley (202) 622-7530.
Reviewing attorney: Mark S. Jennings (202) 622-7530.

Agency Contact: Keith E. Stanley, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-7530

RIN: 1545-AT20
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2864. SECTION 338(H)(10) AND INSURANCE COMPANIES

Priority:  Other Significant

Legal Authority:  26 USC 338; 26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Whether a sale of an insurance and annuity contracts is 
treated as occurring by reason of an election under section 338.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-20-94
Drafting attorney: Gary Geisler (202) 622-3970.
Reviewing attorney: Stephen Hooe (202) 622-3970
Treasury attorney: Beth Brooke (202) 622-1332.

Agency Contact: Gary Geisler, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3970

RIN: 1545-AS56
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2865. NONDISCRIMINATION AND OTHER RULES APPLICABLE TO SECTION 
403(B) ANNUITIES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 403(b)(12); 26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide guidance regarding the 
nondiscrimination and other rules applicable to tax-sheltered section 
403(b) annuities.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-163-86.
Drafting attorney: Richard M. Lent (202) 622-6030.
Reviewing attorney: Nancy Marks (202) 622-6000.

Agency Contact: Richard M. Lent, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6030

RIN: 1545-AI90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2866. REVISING THE DEFINITION OF THE FULL FUNDING LIMITATION FOR 
PURPOS ES OF THE MINIMUM FUNDING REQUIREMENT FOR PENSION PLANS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 412(c)(7); 26 USC 401(a)(2)

CFR Citation:  26 CFR 1

Legal Deadline:  NPRM, Statutory, August 5, 1988.

Abstract: This project will interpret the new full funding limitation 
on deductible contributions to pension plans.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-62-88.
Drafting attorney: Linda Marshall (202) 622-6030. [[Page 23807]] 
Reviewing attorney: A. Thomas Brisendine (202) 622-6030.
Treasury attorney: Harlan Weller (202) 622-1001.

Agency Contact: Linda Marshall, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6030

RIN: 1545-AL53
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2867. DISCLOSURE GUIDELINES FOR QJSA WAIVER

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide guidance on information 
required to be disclosed on spousal consent forms waiving rights to a 
QJSA.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-100-91.
Drafting attorney: Terri Harris (202) 622-6070.
Reviewing attorney: Nancy Marks (202) 622-6070.

Agency Contact: Terri Harris, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6070

RIN: 1545-AQ36
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2868.  VALUATION OF PLAN DISTRIBUTION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 417

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations provide guidance to employees in determining 
the present value of an employee's benefit in a qualified defined 
benefit plan.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: EE-12-95
Drafting Attorney: Linda Marshall (202) 622-6030.
Reviewing Attorney: Nan Marks (202) 622-6000.
Treasury Attorney: Harlan Weller (202) 622-1001.

Agency Contact: Linda Marshall, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6030

RIN: 1545-AT27
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2869. TREATMENT OF FUNDED WELFARE BENEFIT PLANS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 419; 26 USC 419A; 26 USC 1239 (d); 26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide guidance concerning the 
treatment of contributions made by an employer to a welfare benefit 
plan.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-66-84.
Drafting attorney: Michael J. Roach (202) 622-6060.
Reviewing attorney: Mark Schwimmer (202) 622-6060.

Agency Contact: Michael J. Roach, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6060

RIN: 1545-AG14
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2870. HYBRID INSTRUMENTS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 446

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation provides accounting rules for hybrid financial 
instruments that contain a significant debt component. In addition, the 
regulation provides tax accounting methods for certain instruments 
derived from a bond stripping transaction.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-70-92.
Drafting Attorney: Alan Munro (202) 622-3950.
Reviewing Attorney: Alice Bennett (202) 622-3950.
Treasury Attorney: David Weisbach (202) 622-1129.

Agency Contact: Alan Munro, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3950

RIN: 1545-AR13
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2871. SECTION 453(H) REGULATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 453

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Proposal would provide rules for reporting gain in respect of 
installment obligations received as liquidating distributions from 
corporations under a plan of complete liquidation. Additionally 
includes rules regarding the allocation of consideration received in a 
multiple asset sale if a disposition of any one of the properties would 
qualify for installment sale treatment.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/13/84                     49 FR 1742
NPRM Comment Period End         03/16/84                     49 FR 1742
NPRM                            04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-184-80.
Drafting attorney: George Wright (202) 622-4950.
Reviewing attorney: Doug Fahey (202) 622-4950. [[Page 23808]] 

Agency Contact: George Wright, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4950

RIN: 1545-AB43
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2872. DEFINITION OF A LONG-TERM CONTRACT

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 460(h)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will address the definition of a ``long-term 
contract'' for purposes of IRC section 460. This definition is 
necessary for taxpayers to determine whether their activities must be 
accounted for under IRC section 460 in determining their taxable 
income.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-58-91.
Drafting attorney: Leo F. Nolan II (202) 622-4970.
Reviewing attorney: Eric Pleet (202) 622-4970.

Agency Contact: Leo F. Nolan II, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4970

RIN: 1545-AQ30
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2873.  EFFECTIVE DATES OF THE ECONOMIC PERFORMANCE 
REQUIREMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 461

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulations project will issue final regulations for 
section 461(h) of the Internal Revenue Code concerning the effect dates 
of the economic performance requirements.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-001-95
Drafting Attorney: James Atkinson (202) 622-4950.
Reviewing Attorney: Robert Casey (202) 622-4950.

Agency Contact: James Atkinson, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Costititution Ave. NW., 
Washington, DC 20224, 202 622-4950

RIN: 1545-AT16
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2874. ESCROW FUNDS AND OTHER SIMILAR FUNDS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Further guidance relating to certain escrow funds and other 
similar funds.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-017-93
Drafting attorney: Lisa Bernardini (202) 622-4910.
Reviewing attorney: Linda Kroening (202) 622-4910.

Agency Contact: Linda Kroening, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-4910

RIN: 1545-AR82
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2875. APPLICATION OF PASSIVE ACTIVITY LOSS AND CREDIT LIMITATIONS 
TO TRUSTS, ESTATES, AND THEIR BENEFICIARIES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 0469(a)(2)(A)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will describe how the passive loss 
limitations affect trusts and estates.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: PS-036-89.
Drafting attorney: Katherine Mellody (202) 622-3080
Reviewing attorney: Frances D. Schafer (202) 622-3070.

Agency Contact: Katherine Mellody, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3080

RIN: 1545-AN62
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2876. INVENTORIES BY DEALERS IN SECURITIES SECTION 1.471-5

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation adds effective date to section 1.471-5 to 
reflect the enactment of IRC section 475.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: FI-19-94
Drafting attorney: Nicholas G. Bogos (202) 622-3920.
Reviewing attorney: Bernita Thigpen (202) 622-3920.
Treasury attorney: Mary Heath (202) 622-0868.

Agency Contact: Nicholos G. Bogos, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3920

RIN: 1545-AS57
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2877. MERGER OR DIVISION OF COMMON TRUST FUNDS--SECTION 584

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 584

CFR Citation:  26 CFR 1 [[Page 23809]] 

Legal Deadline: None

Abstract: Amendment of section 1.584-4 of the regulations relating to 
the diversification requirement for mergers or divisions of common 
trust funds.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-29-92.
Drafting attorney: H. Grace Kim (202) 622-3060.
Reviewing attorney: Arthur H. Ernst (202) 622-3060.
Treasury attorney: David Weisbach (202) 622-1129.

Agency Contact: H. Grace Kim, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 202 622-3060

RIN: 1545-AQ64
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2878. TREATMENT OF INCOME AND EXPENSES WITH RESPECT TO FORECLOSED 
PROPERTY BY CERTAIN MUTUAL SAVINGS INSTITUTIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 595(d)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This project proposes to amend section 1.595-1(e) of the 
regulations to clarify the treatment of income and expenses with 
respect to foreclosed property following First Federal Savings and Loan 
Association of Bristol vs. United States, 660 F 2d 767 (Ct. Cl. 1981), 
which held the current regulations invalid. This project also seeks to 
clarify the treatment of disposition expenses with respect to 
foreclosed property and the treatment of unpaid interest accrued by a 
taxpayer using the cash receipts and disbursements method of 
accounting.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: FI-83-82
Drafting attorney: Arnold Golub (202) 622-3950.
Reviewing attorney: William Blanchard (202) 622-3950.
Treasury attorney: Eve Elgin (202) 622-1338.

Agency Contact: Arnold Golub, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3950

RIN: 1545-AS78
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2879. INCOME TAXATION OF TRUSTS AND ESTATES

Priority:  Other Significant

Legal Authority:  26 USC 672; 26 USC 673

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide rules regarding taxation of 
certain grantor trusts.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-108-86.
Drafting attorney: James Quinn (202) 622-3060.
Reviewing attorney: J. Thomas Hines (202) 622-3060.

Agency Contact: James Quinn, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3060

RIN: 1545-AJ20
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2880.  PARTNERSHIP DISTRIBUTIONS OF MARKETABLE SECURITIES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 731(c)(7)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Partnership distribution of markable securities.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-2-95.
Drafting Attorney: William Kostak (202) 622-3080.
Reviewing attorney: William O'Shea (202) 622-3070.

Agency Contact: William M. Kostak, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3080

RIN: 1545-AT19
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2881.  SECTION 736 - LLC MEMBERS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 0736

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance for the treatment under 
section 736 (b)(3) for payments to a retired or to a deceased member of 
an LLC or a partner of an LLC.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-17-95
Drafting Attorney: Terri A. Belanger (202) 622-3080.
Reviewing Attorney: William P. O'Shea (202) 622-3070.

Agency Contact: Terri A. Belanger, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3080

RIN: 1545-AT31
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2882. ADJUSTMENTS FOLLOWING SALES OF PARTNERSHIP INTERESTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 743; 26 USC 751; 26 USC 755

CFR Citation:  26 CFR 743; 26 CFR 751; 26 CFR 755

Legal Deadline: None

Abstract: The regulations provide guidance with respect to adjustments 
[[Page 23810]] relating to book/tax disparities when partnership 
interests are sold.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Federal

Additional Information: PS-002-94
Drafting Attorney: Brian M. Blum (202) 622-3050.
Reviewing Attorney: David R. Haglund (202) 622-3050.

Agency Contact: Brian M. Blum, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3050

RIN: 1545-AS39
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2883. PARTNERSHIP LIABILITIES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 752

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations define a liability for purposes of 
section 752 of the Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-36-93
Drafting attorney: Mary A. Berman (202) 622-3050.
Reviewing attorney: David R. Haglund (202) 622-3050.
Treasury attorney: Michael Thomson (202) 622-1334.

Agency Contact: Mary A. Berman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3050

RIN: 1545-AR62
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2884. TAXATION OF FOREIGN INSURANCE COMPANIES DOING BUSINESS IN THE 
UNITED STATES, INCLUDING THE EXPLICATION OF THE MINIMUM NET INVESTMENT 
INCOME CALCULATION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 842

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will describe the proper rules applicable to 
the taxation of foreign insurance companies doing business in the 
United States. In particular, the regulation will address the 
computation of an insurance company's minimum effectively connected net 
investment income. Also the procedures by which an insurance company 
may elect to use its worldwide current investment yields will be 
addressed.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-020-89.
Drafting attorney: Katherine A. Hossofsky (202) 622-3477.
Reviewing attorney: Steve Hooe (202) 622-3970.
Treasury attorney: Carol Dunahoo (202) 622-0726.

Agency Contact: Katherine A. Hossofsky, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3477

RIN: 1545-AN31
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2885. REMIC REGULATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 860E; 26 USC 860G

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations will provide guidance to REMICS and 
to their investors concerning the operation, formation and taxation of 
the entity and the investors.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-31-93
Drafting attorney: William P. Cejudo (202) 622-3920.
Reviewing attorney: Marshall Feiring (202) 622-3960.
Treasury attorney: P. Val Strehlow (202) 622-0869.

Agency Contact: William P. Cejudo, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3920

RIN: 1545-AR88
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2886. SOURCE RULES FOR PERSONAL PROPERTY SALES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 865

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide rules for determining the source 
of income from sales of personal property. The regulation will set 
forth rules for sales by U.S. residents and non-residents and specify 
special rules for depreciable personal property, intangibles, sales 
connected with an office or other fixed place of business, and sales of 
a foreign affiliate by a U.S. corporation.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-946-86.
Drafting attorney: Carol P. Tello (202) 622-3880.
Reviewing attorney: Neil Auerbach (202) 622-3880.
Treasury attorney: Unassigned.

Agency Contact: Carol P. Tello, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3880

RIN: 1545-AJ83


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23811]]
2887. BANK EXCLUSION FROM PORTFOLIO INTEREST

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 881

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Exception to 30 percent withholding on portfolio interest 
does not apply to banks. This regulation will address what a bank is 
for purposes of section 881(c)(3)(A).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-080-91.
Drafting attorney: Leslie B. Van Der Wal (202) 622-3850.
Reviewing attorney: Charles Saverude (202) 622-3800.
Treasury attorney: Unassigned.

Agency Contact: Leslie B. Van Der Wal, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AQ39
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2888. CLARIFICATION OF SECTION 883(C) PUBLICLY-TRADED EXCEPTION

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 883

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation would clarify the rules regarding the 
publicly traded exception to section 883(c)(1) of the code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-0048-93
Drafting attorney: Patricia A. Bray (202) 622-3840.
Reviewing attorney: Phyllis E. Marcus (202) 622-3840.
Treasury attorney: David Sutherland (202) 622-1754.

Agency Contact: Patricia A. Bray, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AR77
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2889. FIRPTA CLEANUP

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 897; 26 USC 1445

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Reporting requirements for 5 percent shareholders; equity 
kickers; establish securities market definition; other related issues.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-785-87.
Drafting attorney: Gwendolyn A. Stanley (202) 622-3860.
Reviewing attorney: Elizabeth U. Karzon (202) 622-3860.
Treasury attorney: Unassigned.

Agency Contact: Gwendolyn A. Stanley, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AJ72
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2890. DEEMED PAID CREDIT UNDER SECTION 902 DETERMINED ON 
ACCUMULATED BASIS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 902(c)(7)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will modify the existing regulations to 
reflect changes in the computation of the indirect credit under the 
1986 Act. The regulations will incorporate a pooling mechanism (rather 
than year-by-year) and will also reflect the separate basket 
computations under section 904(d).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/06/95                     60 FR 2049
NPRM Comment Period End         04/10/95                     60 FR 2049
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-933-86.
Drafting attorney: Caren S. Shein (202) 622-3850.
Reviewing attorney: Barbara Felker (202) 622-3850.
Treasury attorney: Carol Doran Klein (202) 622-1762.

Agency Contact: Caren S. Shein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AL98
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2891. OBRA 1993 SECTION 936 REG

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 936(a)(4)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will prescribe rules for electing the 60% 
wage limitation on the section 936 credit for computing the limitation, 
and will prescribe rules for electing affiliated group status as well 
as rules to prevent tax avoidance using such affiliated status.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-073-93
Drafting attorney: Margaret Hogan (202) 622-3870.
Reviewing attorney: Jacob Feldman (202) 622-3870.
Treasury attorney: unassigned (202) 622-1950.

Agency Contact: Margaret Hogan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AS43


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23812]]
2892. FOREIGN INSURANCE COMPANY--DOMESTIC ELECTION

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 953(d)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide substantive and procedural rules 
regarding the election under section 953(d) to treat certain controlled 
foreign corporations engaged in the insurance business as domestic 
corporations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-765-89.
Drafting attorney: Valerie A. Mark (202) 622-3840.
Reviewing attorney: Steven Musher (202) 622-3840.
Treasury attorney: Carol Dunahoo (202) 622-0726.

Agency Contact: Valerie A. Mark, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AO25
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2893. AMENDMENT TO SUBPART F DEFINITIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 954

CFR Citation:  26 CFR 1.954-2(b); 26 CFR 1.954-2(g); 26 CFR 1.954-2(h)

Legal Deadline: None

Abstract: These proposed regulations contain provisions governing the 
definitions of foreign base company income and foreign personal holding 
company income of a CFC. The regulations are necessary because of 
changes to the prior law by the Tax Reform Act of 1986, the Technical 
and Miscellaneous Revenue Act of 1988, and the Revenue Reconciliation 
Act of 1989.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: None

Government Levels Affected: Undetermined

Additional Information: INTL-75-92.
Drafting attorney: Valerie A. Mark (202) 622-3840.
Reviewing attorney: Phyllis E. Marcus (202) 622-3840.
Treasury attorney: Carol Dunahoo (202) 622-0726.

Agency Contact: Valerie A. Mark, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AR31
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2894. EARNINGS INVESTED IN EXCESS PASSIVE ASSETS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 956A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide guidance on the treatment of 
earnings in excess passive assets.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM Comment Period End         03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-067-93.
Drafting attorney: Kristine K. Schlaman (202) 622-3850.
Reviewing attorney: Steven Musher (202) 622-3840.
Treasury attorney: Joni Walser (202) 622-1752.

Agency Contact: Kristine K. Schlaman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AS47
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2895. DEEMED-PAID CREDIT UNDER SECTION 960, DETERMINED ON 
ACCUMULATED BASIS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 902(c)(7)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will modify the existing regulations to 
reflect changes in the computation of the indirect credit under the 
1986 Act. The regulations will incorporate a pooling mechanism (rather 
than year-by-year) and will also reflect the separate basket 
computations under section 904(d).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-0084-91.
Drafting attorney: Caren S. Shein (202) 622-3850.
Reviewing attorney: Barbara A. Felker (202) 622-3850.
Treasury attorney: Carol Doran Klein (202) 622-1762.

Agency Contact: Caren S. Shein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AQ34
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2896.  STOCK REDEMPTION INCIDENT TO DIVORCE

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide guidance regarding whether 
transfers of property to third parties on behalf of a spouse or former 
spouse qualify for section 1041 no-gain treatment.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-011-95
Drafting Attorney: Edward C. Schwartz (202) 622-4960.
Reviewing Attorney: William A. Jackson (202) 622-4960.

Agency Contact: Edward C. Schwartz, Attorney-Adviser (Tax), Department 
of the Treasury, Internal Revenue Service, [[Page 23813]] 1111 
Constitution Ave. NW., Washington, DC 20224, 202 622-4940

RIN: 1545-AT24
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2897.  PARTNERSHIPS AND DEPRECIATION RECAPTURE

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance on how partnerships 
shall allocate depreciation recapture income.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-15-95
Drafting Attorney: Deborah A. Harrington (202) 622-3050.
Reviewing Attorney: Claire E. Toth (202) 622-3050.
Treasury Attorney: John Rooney (202) 622-1335.

Agency Contact: Deborah A. Harrington, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3050

RIN: 1545-AT32
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2898. INCOME TAX--GAIN FROM DISPOSITION OF INTEREST IN OIL, GAS, 
GEOTHERMAL, OR OTHER MINERAL PROPERTIES BY S CORPORATIONS AND THEIR 
SHAREHOLDERS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1254; 26 USC 751

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will determine the tax treatment by S 
corporations and their shareholders from the disposition of certain 
oil, gas, geothermal, or other mineral properties. Gain subject to 
recapture under section 1254 will be accorded ordinary income 
treatment. The regulations also will determine the tax treatment of 
sales of shares of stock in an S corporation that holds oil, gas, 
geothermal, or other mineral properties.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: PS-7-89.
Drafting attorney: James A. Quinn (202) 622-3060.
Reviewing attorney: Arthur H. Ernst (202) 622-6060.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: James A. Quinn, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3060

RIN: 1545-AM98
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2899. DISPOSITION GAIN REPRESENTING ACCRUED MARKET DISCOUNT TREATED 
AS ORDINARY INCOME; DEFERRAL OF INTEREST DEDUCTION ALLOCABLE TO ACCRUED 
MARKET DISCOUNT

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 1276; 26 USC 1278

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide rules relating to the 
treatment of gain realized on the disposition of any Market Discount 
Bond as ordinary income. These regulations will also prescribe the 
extent to which a deduction for interest allocable to accrued market 
discount is deferred.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: FI-21-85.
Drafting attorney: William Cejudo (202) 622-3920.
Drafting attorney: Jeffrey Maddrey (202) 622-3940.
Reviewing attorney: Bernita Thigpen (202) 622-3920.
Reviewing attorney: Andrew Kittler (202) 622-3940.
Treasury attorney: P. Val Strehlow (202) 622-0869.

Agency Contact: William Cejudo, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, 
DC20224, 202 622-3320

RIN: 1545-AH82
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2900. QEF SHAREHOLDER ELECTION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1295

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will address QEF shareholder election as it 
applies to section 1295.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-579-88.
Drafting attorney: Joseph S. Henderson (202) 622-3850.
Reviewing attorney: Margaret O'Connor (202) 622-3880.
Treasury attorney: Unassigned.

Agency Contact: Joseph S. Henderson, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AM41
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2901. PASSIVE FOREIGN INVESTMENT COMPANIES - SPECIAL RULES FOR 
FOREIGN BANKS AND SECURITIES DEALERS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1296(b)(2)(A); 26 USC 1296(b)(3)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance for qualifying foreign 
banks and securities dealers for the exception to passive income 
characterization for purposes of the income and asset tests of the PFIC 
provisions.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95                [[Page 23814]] 

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-0065-93.
Drafting attorney: Ramon Camacho (202) 622-3870
Reviewing attorney: Margaret O'Connor (202) 622-3880.
Treasury attorney: Unassigned.

Agency Contact: Ramon Camacho, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AS46
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2902. INCOME TAX--DEFINITIONS AND SPECIAL RULES PERTAINING TO S 
CORPORATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1377

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Regulations will define and interpret special rules contained 
in Section 1377 of the Code, including pro rata share, the election to 
terminate a year and post-termination period.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-268-82.
Drafting attorney: Brian J. O'Connor (202) 622-3060.
Reviewing attorney: H. Grace Kim (202) 622-3060.
Treasury attorney: John Rooney (202) 622-1335.

Agency Contact: Brian J. O'Connor, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3060

RIN: 1545-AE94
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2903. GENERAL REVISION OF SECTION 1441 REGULATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: General revision of section 1441 withholding regulations to 
accommodate changes to the tax law since these rules were issued.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           04/25/90                    55 FR 17455
NPRM                            06/00/95

Small Entities Affected: Businesses, Organizations

Government Levels Affected: None

Additional Information: INTL-062-90.
Drafting attorney: Robert Lorence (202) 622-3880.
Reviewing attorney: Christine Halphen (202) 622-3810.
Treasury attorney: Unassigned.

Agency Contact: Robert Lorence, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3880

RIN: 1545-AO27
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2904. REGULATIONS UNDER SECTIONS 1491, 1492, AND 1494

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 1491; 26 USC 1492; 26 USC 1494

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The purpose of these regulations is to provide guidance to 
taxpayers regarding both the types of outbound property transfers that 
are subject to the tax imposed by section 1491 and the types of 
outbound property transfers that are exempt from the tax by reasons of 
section 1492.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: Undetermined

Additional Information: INTL-102-89.
Drafting attorney: Gwendolyn A. Stanley (202) 622-3860.
Reviewing attorney: Elizabeth U. Karzon (202) 622-3860.
Treasury attorney: Unassigned.

Agency Contact: Gwendolyn A. Stanley, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AN39
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2905. INCOME TAX--INCLUDIBILITY IN AN AFFILIATED GROUP OF 
SUBSIDIARIES FORMED TO COMPLY WITH FOREIGN LAWS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 1504

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations would provide rules relating to an election 
to treat a foreign subsidiary of a United States corporation as a 
domestic corporation if the subsidiary is formed in a contiguous 
country to comply with foreign law.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-338-88.
Drafting attorney: Kenneth Allison (202) 622-3860.
Reviewing attorney: Charles Saverude (202) 622-3800.
Treasury attorney: Joni Walser (202) 622-1781.

Agency Contact: Kenneth Allison, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AC58
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2906. QDOT SECURITY REQUIREMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 2056A

CFR Citation:  26 CFR 20

Legal Deadline: None

Abstract: The temporary regulations provide guidance relating to the 
additional requirements necessary to ensure the collection of the 
estate tax imposed under section 2056A(b) with [[Page 23815]] respect 
to taxable events involving qualified domestic trusts described in 
section 2056A.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Temporary Regulation            04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-25-94.
Drafting attorney: Susan Hurwitz (202) 622-3090.
Reviewing attorney: George Masnik (202) 622-3090.

Agency Contact: Susan Hurwitz, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3090

RIN: 1545-AS67
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2907. TREATMENT OF CERTAIN DEFERRED COMPENSATION AND SALARY 
REDUCTION ARRANGEMENTS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6302 (c)

CFR Citation:  26 CFR 31

Legal Deadline: None

Abstract: Proposal would provide rules concerning the treatment of 
certain deferred compensation and salary reduction arrangements under 
section 3121 (v) and section 3306 (r) of the Internal Revenue Code of 
1954, thereby giving needed guidance to the public on how the Internal 
Revenue Service intends to interpret those sections of the Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-142-87.
Drafting attorney: David Pardys (202) 622-6040.
Reviewing attorney: Jerry Holmes (202) 622-6040.
Treasury attorney: Elizabeht Buchbinder (202) 622-1352.

Agency Contact: David Pardys, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AF97
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2908. INFORMATION REPORTING AND BACKUP WITHHOLDING

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1; 26 CFR 31; 26 CFR 35a

Legal Deadline: None

Abstract: This regulation relates to the requirement that certain 
payments must be reported to the Internal Revenue Service and that in 
certain instances 31 percent of a reportable payment must be deducted 
and withheld under section 3406 of the Internal Revenue Code. However, 
where a foreign person is an exempt recipient or has submitted a Form 
W-8, 1001 or 4224, no reporting or backup withholding generally is 
required.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            02/29/88                    53 FR 05991
Hearing                         06/15/89                    54 FR 11236
NPRM                            06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-052-86.
Drafting attorney: Teresa B. Hughes (202) 622-3870.
Reviewing attorney: Charles Saverude (202) 622-3800.
Treasury attorney: P. Ann Fisher (202) 622-1755.

Agency Contact: Teresa B. Hughes, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AL99
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2909. LUXURY EXCISE TAX CHANGES UNDER OBRA 1993

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 4003

CFR Citation:  26 CFR 48

Legal Deadline: None

Abstract: These regulations implement the exemption from luxury tax for 
accessories for handicapped individuals and other matters.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Additional Information: PS-75-93
Drafting attorney: Edward Madden (202) 622-3130.
Reviewing attorney: Richard Kocak (202) 622-3130.
Treasury attorney: John Parcell (202) 622-2578.

Agency Contact: Edward Madden, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3130

RIN: 1545-AS34
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2910.  DIESEL FUEL EXCISE TAX; DYE INJECTION SYSTEMS AND 
MARKERS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 4082

CFR Citation:  26 CFR 48

Legal Deadline: None

Abstract: Diesel fuel excise tax;rules relating to the use of dye 
injection systems and markers.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: PS-6-95.
Drafting attorney: Frank K. Boland (202) 622-3130.
Reviewing attorney: Richard A. Kocak (202) 622-3130.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Frank K. Boland, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AT18


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23816]]
2911. EXCISE TAX ON AVIATION FUEL

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 4091 to 4093

CFR Citation:  26 CFR 48

Legal Deadline: None

Abstract: This regulation provides rules on aviation fuel taxes under 
the Revenue Act of 1987, the Technical and Miscellaneous Revenue Act of 
1988, and OBRA 1993.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/00/95

Small Entities Affected: Businesses

Government Levels Affected: State, Local, Federal

Additional Information: PS-3-88.
Drafting attorney: Frank Boland (202) 622-3130.
Reviewing attorney: Dick Kocak (202) 622-3130.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Frank Boland, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AL43
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2912. COMMUNICATIONS TAX REGULATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 4251; 26 USC 4252; 26 USC 4253; 
26 USC 4254

CFR Citation:  26 CFR 49

Legal Deadline: None

Abstract: The regulations will provide rules with respect to the 
application of the communications excise tax.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           07/31/92                    57 FR 33918
NPRM                            10/00/95

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Additional Information: PS-017-91.
Drafting attorney: Bernard Weberman (202) 622-3130.
Reviewing attorney: Edward Madden (202) 622-3130.

Agency Contact: Bernard Weberman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AP67
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2913. CHEMICAL TAX UNDER SECTION 4461 AND IMPORTED SUBSTANCE TAX 
UNDER SECTION 4671

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 4671; 26 USC 4661

CFR Citation:  26 CFR 52

Legal Deadline: None

Abstract: These proposed regulations relate to taxable chemicals and 
taxable imported substances.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-71-88.
Drafting attorney: Ruth Hoffman (202) 622-3130.
Reviewing attorney: Jeff Nelson (202) 622-3130.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Ruth Hoffman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AL73
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2914. INFORMATION REPORTING AND RECORD MAINTENANCE UNDER SECTION 
6038C

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 7801; 26 USC 6038(c)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation project will implement the directives of 
newly passed section 6038C.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-102-90.
Drafting attorney: Carol P. Tello (202) 622-3880.
Reviewing attorney: Margaret O'Connor (202) 622-3880.
Treasury attorney: Warren Crowdus (202) 622-1779.

Agency Contact: Carol P. Tello, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3880

RIN: 1545-AP10
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2915. 6046A - RETURNS AS TO INTERESTS IN FOREIGN PARTNERSHIPS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 6046A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations would give guidance for determining which 
United States persons who acquire, dispose of or change their interests 
in foreign partnerships must report their activities. Additionally, 
guidance would be given as to how, when and where such persons must 
report and what information they must supply.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-879-86.
Drafting attorney: Sharon Bomgardner (202) 622-3860.
Reviewing attorney: Charles Besecky (202) 622-3860.
Treasury attorney: Joni Walser (202) 622-1752.

Agency Contact: Sharon Bomgardner, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AK75


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23817]]
2916. EXTENSION OF TIME TO FILE

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6081

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Extension of time for filing returns

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-041-93
Drafting attorney: Margaret Owens (202) 622-4920.
Reviewing attorney: Norlyn Miller (202) 622-4940.

Agency Contact: Margaret Owens, Attorney, Department of the Treasury, 
Internal Revenue Service, 202 622-4940

RIN: 1545-AR85
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2917. AMENDMENT TO SECTION 6109 REGULATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6109

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will amend I.R.C. section 6109 regarding tax 
identification numbers.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-0024-94
Drafting attorney: Lilo A. Hester (202) 874-1490.
Reviewing attorney: Christine Halphen (202) 622-3810.
Treasury attorney: P. Ann Fisher (202) 622-1755.

Agency Contact: Lilo A. Hester, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza South SW., 
Washington, DC 20024, 202 874-1490

RIN: 1545-AS83
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2918.  REVISION OF SECTION 6114 REGULATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: To revise the final regulations under section 6114 to require 
reporting for certain recipients of fixed or determinable annual or 
periodic income when no reporting is presently required.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-052-94.
Drafting attorney: David F. Bergkuist (202) 622-3860.
Reviewing attorney: Elizabeth U. Karzon (202) 622-3860.
Treasury attorney: Unassigned.

Agency Contact: David F. Bergkuist, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AT00
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2919. LIMITED LIABILITY COMPANY TAX MATTERS PARTNER

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 6231(a)(7); 26 USC 6230(i); 26 USC 6230(k); 26 
USC 7805(a)

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations will provide (1) who an LLC may designate as 
its tax matters partner for a specific taxable year, (2) how the 
designation is made and (3) how the designation is terminated.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Federal

Additional Information: PS-34-92
Drafting attorney: D. Lindsay Russell (202) 622-3050.
Reviewing attorney: Dianna K. Miosi (202) 622-2050.
Treasury attorney: Michael Thomson (202) 622-1334.

Agency Contact: D. Lindsay Russell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3050

RIN: 1545-AS09
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2920.  DEPOSITS OF EXCISE TAX

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6302

CFR Citation:  26 CFR 40

Legal Deadline: None

Abstract: Safe harbor rules relating to additional deposit of excise 
taxes required by section 6302(e) and (f),

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Businesses, Organizations

Government Levels Affected: None

Additional Information: PS-8-95
Drafting attorney: Ruth E. Hoffman (202) 622-3130.
Reviewing attorney: Jeffrey M. Nelson (202) 622-3130.

Agency Contact: Ruth E. Hoffman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AT25
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2921. REDEMPTIONS OF REAL PROPERTY UNDER IRC 7425--EXCESS EXPENSES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 7425

CFR Citation:  26 CFR 301.7425

Legal Deadline: None

Abstract: Section 301.7425-4(b)(3)(ii), which deals with excess 
expenses incurred by a purchaser of property after a foreclosure sale 
and before redemption, provides that the Service may request a written 
itemized statement from the purchaser regarding excess expenses. If the 
purchaser does not respond within 15 days, it shall be presumed that no 
excess expenses are payable. However, even after the 15-day 
[[Page 23818]] period expires, a payment for excess expenses shall be 
made after the redemption within a reasonable time following the 
verification by the district director of a written itemized statement 
submitted by the purchaser. There is no specific time frame set for the 
purchaser to submit his claim after the redemption and after the 
expiration of the 15-day period. We are examining the feasibility of 
establishing a 30-day time limit within which a final claim for excess 
expenses must be submitted by the purchaser after the sale of the 
property. This will eliminate claims for reimbursement of expenses that 
may be submitted after redemption and sale of the property, where the 
liens were fully satisfied and released, and all surplus funds returned 
to the taxpayer.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: GL-520-87.
Drafting attorney: Robert A. Walker (202) 622-4208.
Reviewing attorney: Robert A. Miller (202) 622-3640.

Agency Contact: Robert A. Walker, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-4208

RIN: 1545-AL20
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2922.  UPDATE OF LIST OF LEGAL HOLIDAYS FOR PURPOSES OF 
TIME FOR PERFORMANCE OF ACTS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: These regulations will update existing regulations section 
301.7503-1 to include Dr. Martin Luther King, Jr.'s birthday in the 
table of holidays and to change the date of Veterans Day to November 
11.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-36-91
Drafting Attorney: Judith Lintz (202) 622-4940.
Reviewing Attorney: Rudolf Planert (202) 622-4940.

Agency Contact: Judith A. Lintz, Attorney-Adviser (Tax), Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4940

RIN: 1545-AT22
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2923. INTERIM FISHING VESSEL CAPITAL CONSTRUCTION FUND PROCEDURES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 7518

CFR Citation:  26 CFR 3

Legal Deadline: None

Abstract: These regulations provide that expenditures for the 
acquisition and installation of fishing vessel safety equipment are 
treated as reconstruction expenditures for the purpose of withdrawing 
tax-deferred funds from a capital construction fund.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: Businesses, Organizations

Government Levels Affected: Undetermined

Additional Information: PS-28-94
Drafting attorney: David Selig (202) 622-3040.
Reviewing attorney: Walter Woo (202) 622-3040.
Treasury attorney: Evelyn Elgin (202) 622-1338.

Agency Contact: David Selig, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3040

RIN: 1545-AS69
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2924.  ENVIRONMENTAL SETTLEMENT FUNDS--CLASSIFICATION 7701

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 7701

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations will address the classification for Federal 
tax purposes of an organization established as a trust pursuant to 
State law that has as its primary purpose the remediation of a 
hazardous waste site pursuant to an order of the Environmental 
Protection Agency (EPA) or comparable State or local governmental 
entity.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: PS-54-94
Drafting Attorney: James A. Quinn (202) 622-3060.
Reviewing Attorney: J. Thomas Hines (202) 622-3060.

Agency Contact: James A. Quinn, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC, 
202 622-3060

RIN: 1545-AT02
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2925.  ENVIRONMENTAL SETTLEMENT FUNDS - CLASSIFICATION

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The proposed regulations will amend section 301.7701-4 to 
provide that an environmental settlement trust is classified as a trust 
for purposes of the Internal Revenue Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-054-94
Drafting Attorney: James Quinn (202) 622-3060.
Reviewing Attorney: J. Thomas Hines (202) 622-3060.
Treasury Attorney: John Rooney (202) 622-1335.

Agency Contact: James A. Quinn, Attorney, Department of the Treasury, 
[[Page 23819]] Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3060

RIN: 1545-AT34
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2926. CERTAIN PUBLICLY TRADED PARTNERSHIPS TREATED AS CORPORATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301; 26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide rules relating to the 
classification of publicly traded partnerships.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-13-88.
Drafting attorney: Ann Veninga (202) 622-3080.
Reviewing attorney: William P. O'Shea (202) 622-3070.

Agency Contact: Christopher Kelley, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3080

RIN: 1545-AL57
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2927. INCOME TAX--PRESUMPTION OF JEOPARDY IN THE CASE OF ILLEGAL 
ACTIVITY CASH

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6867

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations would provide guidance for applying the 
presumptions that an amount of cash in excess of ten thousand dollars 
without an acknowledged owner (1) represents gross income to a single 
individual, (2) is taxable at the highest rate of tax specified in 
section 1, and (3) that collection of the tax is in jeopardy for the 
purposes of sections 6851 and 6881.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: GL-548-87.
Drafting attorney: Jerome D. Sekula (202) 622-3640.
Reviewing attorney: Robert A. Miller (202) 622-3640.

Agency Contact: Jerome D. Sekula, Docket Attorney (General Litigation), 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Ave. NW., Washington, DC 20224, 202 622-3640

RIN: 1545-AE30
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2928. PROCEDURE AND ADMINISTRATION REGULATIONS--PAYMENT OF TAXES BY 
CHECK OR MONEY ORDER AND LIABILITY OF FINANCIAL INSTITUTIONS FOR UNPAID 
TAXES

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations will describe the circumstances under which 
taxpayers may pay taxes by check, money order or other guaranteed draft 
and the circumstances under which financial institutions on which such 
instruments are drawn may be liable for unpaid taxes.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: GL-549-87.
Drafting attorney: Robert A. Walker (202) 622-3640.
Reviewing attorney: Robert Miller (202) 622-3640.

Agency Contact: Robert A. Walker, Docket Attorney (General Litigation), 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW., Washington, DC 20224, 202 622-3640

RIN: 1545-AI24
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2929. EXTENSION OF STATUTE OF LIMITATIONS IN JOHN DOE SUMMONS 
DISPUTES

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: Under the Tax Reform Act of 1986, statutes of limitations are 
suspended in certain cases in which there is no resolution of a third-
party recordkeeper's response to a summons. Section 7609(e)(2) was 
amended by the Technical and Miscellaneous Revenue Act of 1988 so that 
the suspension applies to all John Doe summonses, whether or not the 
summoned party is a third-party recordkeeper as defined in IRC section 
7609(a)(3). The new regulations will make changes to 26 CFR 301.7609 to 
conform with the 1986 and 1988 amendments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: GL-723-88.
Drafting attorney: Jerome D. Sekula (202) 622-3640.
Reviewing attorney: Robert Miller (202) 622-3640.

Agency Contact: Jerome D. Sekula, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3640

RIN: 1545-AM67
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2930. SUSPENSION OF RUNNING OF PERIOD OF LIMITATIONS DURING 
PROCEEDING TO ENFORCE DESIGNATED SUMMONS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations will provide guidance to taxpayers with 
regard to the changes made to section 6503 by the Omnibus Budget 
Reconciliation Act of 1990. Under those changes, the period of 
limitations for assessment with respect to a corporation is suspended 
when a court proceeding is instituted to enforce or quash a 
[[Page 23820]] designated summons or related summons issued within 30 
days of the issuance of the designated summons.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: GL-026-91.
Drafting attorney: Jerome D. Sekula (202) 622-3640.
Reviewing attorney: Robert A. Miller (202) 622-3640.

Agency Contact: Jerome D. Sekula, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3640

RIN: 1545-AQ01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2931. TECHNICAL CORRECTIONS FOR CHAPTER 14

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 25

Legal Deadline: None

Abstract: The regulation relates to provides technical corrections 
applicable to the special valuation rules of the Generation Skipping 
Transfer Tax under sections 2701, 2702, 2703 and 2704 of the Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-8-93.
Drafting attorney: Dale Carlton (202) 622-3090.
Reviewing attorney: George Masnik (202) 622-3090.

Agency Contact: Dale Carlton, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3090

RIN: 1545-AR49
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2932. DISCLAIMER OF INTERESTS AND POWER

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 25

Legal Deadline: None

Abstract: These regulations contain amendments regarding the disclaimer 
of jointly owned property.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-002-91
Drafting attorney: Dale Carlton (202) 622-3090.
Reviewing attorney: George Masnik (202) 622-3090.

Agency Contact: Dale Carlton, Department of the Treasury, Internal 
Revenue Service, 1111 Constitution Ave. NW., Washington, DC 20224, 202 
622-3090

RIN: 1545-AR52
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2933. AUTOMATIC EXTENSION OF TIME FOR FILING INDIVIDUAL TAX RETURNS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1.6081-4

Legal Deadline: None

Abstract: The regulating describes how individual taxpayers for taxable 
year beginning.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-41-93
Drafting Attorney: Margaret Owens (202) 622-4940.
Reviewing Attorney: Norlyn Miller (202) 622-4940.

Agency Contact: Margaret Owens, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4940

RIN: 1545-AS04
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2934. AUTOMATIC EXTENSION OF TIME FOR FILING INDIVIDUAL TAX RETURNS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1.6081-4

Legal Deadline: None

Abstract: The regulation describes how individual taxpayer for taxable 
year beginning.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Temporary Regulation            10/31/94
NPRM                            06/00/95
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-41-93
Drafting Attorney: Margaret Owens (202) 622-4940.
Reviewing Attorney: Norlyn Miller (202) 622-4940.

Agency Contact: Margaret Owens, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4940

RIN: 1545-AS05
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2935. LIABILITY OF THIRD PARTIES PAYING OR PROVIDING FOR WAGES, 
SUIT, AND ITS EXTENSION AND MAXIMUM AMOUNT RECOVERABLE

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations would change the current period of 
limitations from 6 years to 10 years to conform this period with the 
change in the collection after assessment statute (IRC 6502) from 6 
years to 10 years made by the Revenue Reconciliation Act of 1990.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: GL-032-93
Drafting attorney: Robert A. Walker (202) 622-4208. [[Page 23821]] 
Reviewing attorney: Robert A. Miller (202) 622-3640.

Agency Contact: Robert Miller, Docket Attorney(General Litigation), 
Department of the Treasury, Internal Revenue Service, 1111 Constituion 
Ave. NW., Washington, DC 20224, 202 622-3640

RIN: 1545-AS22
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2936. SEALS OF OFFICE IN CONNECTION WITH IRC SECTION 7514

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations would amend the available seals used by 
Internal Revenue districts.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: GL-019-93
Drafting Attorney: Robert A. Walker (202) 622-3640.
Reviewing Attorney: Robert A. Miller (202) 622-3640.

Agency Contact: Robert A. Walker, Docket Attorney (General Litigation), 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Ave. NW., Washington, DC 20224, 202 622-3640

RIN: 1545-AS61
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2937. DEBT INSTRUMENTS WITH OID; ANNUITY CONTRACTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 1275(d)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations determine which annuity contracts issued by 
banks are debt instruments for purposes of OID regs.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: FI-33-94
Drafting Attorney: Andrew Kittler (202) 622-3940.
Treasury Attorney: Beth Brooke (202) 622-3332.

Agency Contact: Andrew Kittler, Senior Technical Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3940

RIN: 1545-AS76
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2938. INTANGIBLE AMORTIZATION ADVANCE NOTICE

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This advance notice of proposed rulemaking invited written 
comments from the public on issues that the IRS may address in proposed 
regulations under section 197 and section 167, relating to the 
amortization of goodwill and certain other intangibles. This notice is 
intended to help develop guidance to assist taxpayers in applying the 
rules relating to section 197. Based on internal analysis and the 
written proposed regulations are now in development to provide guidance 
that will assist.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: PS-29-94
Drafting attorney: John Huffman (202) 622-3110.
Reviewing attorney: Susan Reaman (202) 622-3110.
Treasury attorney: John Parcell (202) 622-2578.

Agency Contact: John Huffman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Consitution Ave. NW., Washington, DC 
20224, 202 622-3110

RIN: 1545-AS77
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2939.  REISSUANCE OF QUALIFIED TENDER BONDS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1.150

Legal Deadline: None

Abstract: The proposed regulations provides rules for determining 
whether certain events will cause ``qualified tender bonds'' to be 
treated as retired and reissued for purposes of applying sections 103, 
141-150, 1394, and 7871 and whether banks have acquired tax exempt 
bonds under section 265.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: State, Local, Tribal

Additional Information: FI-58-94.
Drafting attorney: Nancy Lashnits (202) 622-3980.
Reviewing attorney: Lon Smith (202) 622-3980.

Agency Contact: Nancy Lashnits, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington DC 
20224, 202 622-3980

RIN: 1545-AT09
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2940.  FILING RETURNS, STATEMENTS, OR OTHER DOCUMENTS WITH 
ELECTRONIC SIGNATURES

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: This regulation will provide guidance to the public for 
filing returns, statements, or other documents electronically with an 
electronic signature.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-10-95
Drafting Attorney: Celia Gabrysh (202) 622-4940. [[Page 23822]] 
Reviewing Attorney: Norlyn Miller (202) 622-4940.

Agency Contact: Celia Gabrysh, Attorney-Adviser (Tax), Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4940

RIN: 1545-AT23
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________


2941. REGULATIONS ON INCOME TAX UNDER THE TAX REFORM ACT OF 1984, 
RELATING TO BELOW-MARKET LOANS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 7872

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations provide guidance to taxpayers who enter 
into certain below-market interest rate loan transactions. The 
regulations explain what type of transactions are treated as loans and 
what type of loans are subject to the provisions of section 7872. If 
the loan is subject to section 7872, the below-market loan will be 
recharacterized as an arm's length market-interest rate loan coupled 
with a payment by the lender to the borrower in an amount generally 
equal to the amount of imputed interest. The regulations provide rules 
for determining the amount and the character of the imputed transfers.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/20/85                    50 FR 33553
NPRM Comment Period End         10/20/85                    50 FR 33553
Hearing                         01/09/86                    50 FR 46460
NPRM                            07/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-165-84.
Drafting attorney: David B. Silber (202) 622-3930.
Reviewing attorney: William Coppersmith (202) 622-3930.

Agency Contact: David B. Silber, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3930

RIN: 1545-AH72



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2942. STATEMENT OF PROCEDURAL RULES--PART 601.702

Priority:  Other Significant

Legal Authority:  5 USC 552; 5 USC 301

CFR Citation:  26 CFR 601.702

Legal Deadline: None

Abstract: The document contains final rules amending the Statement of 
Procedural Rules (SPR) (26 CFR 601.702). Some amendments reflect 
procedures heretofore only made available to the public in the Internal 
Revenue Manual, which is maintained in Internal Revenue Service reading 
rooms. The SPR also reflects changes in the title and nomenclature and 
changes of addresses to be contacted for Freedom of Information 
requests. The rules affect persons requesting records from the Internal 
Revenue Service.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Statement of Procedural Rules   12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: CC:EL:D-51-84-93
Drafting attorney: Margo L. Stevens (202) 622-4570.

Agency Contact: Margo L. Stevens, Attorney, Department of the Treasury, 
Internal Revenue Service, 202 622-4570

RIN: 1545-AR99
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2943. GRANTOR TRUST REPORTING REQUIREMENTS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: The regulations will provide rules pertaining to the grantor 
trust reporting requirements.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    05/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-79-93
Drafting attorney: Robert Rio (202) 622-3060.
Reviewing attorney: Arthur Ernst (202) 622-3060.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Robert Rio, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3060

RIN: 1545-AS37
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2944.  MOVING EXPENSES OF MILITARY PERSONNEL

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance to taxpayers with respect 
to allowances received by members of the armed forces in connection 
with moves to new permanent duty stations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/21/94                    59 FR 65739
Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-50-94.
Drafting Attorney: Marilyn Brookens (202) 622-4920.
Reviewing Attorney: Robert Berkowsky (202) 622-4920.

Agency Contact: Marilyn Brookens, Attorney-Advisor (Tax), Department of 
the Treasury, Internal Revenue Service, [[Page 23823]] 1111 
Constitution Avenue NW., Washington, DC, 202 622-4920

RIN: 1545-AS98
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2945. THE TREATMENT OF ACCELERATED DEATH BENEFITS UNDER SECTIONS 
101, 7702 AND 7702A OF THE INTERNAL REVENUE CODE

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 101(a); 26 USC 7702; 26 USC 7702A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide rules regarding the exclusion of 
accelerated death benefits from gross income and the treatment of 
accelerated death benefits under section 7702 and 7702A of the Internal 
Revenue Code. The regulations also provide rules relating to the cash 
value taken into account in determining whether a contract qualifies as 
a life insurance contract for purposes of the Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/15/92                    57 FR 59319
NPRM Comment Period End         02/26/93                    57 FR 59324
Hearing                         03/19/93                    57 FR 59324
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-25-92.
Drafting attorney: Ann H. Logan (202) 622-3970.
Reviewing attorney: Stephen D. Hooe (202) 622-3970.
Treasury attorney: Beth Brooks (202) 622-1332

Agency Contact: Ann H. Logan, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3970

RIN: 1545-AQ70
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2946. LOBBYING EXPENSE DEDUCTIONS--DUES

Priority:  Other Significant

Legal Authority:  26 USC 162; 26 USC 7805

CFR Citation:  26 CFR 1.162(e)

Legal Deadline: None

Abstract: The regulations provide guidance with respect to the 
deductibility of dues paid to certain exempt organizations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/27/93                    58 FR 68334
Hearing                         04/07/94                    58 FR 68334
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-60-93
Drafting Attorney: James Guiry (202) 622-4920.
Reviewing Attorney: George Baker (202) 622-4920.

Agency Contact: James Guiry, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4920

RIN: 1545-AS18
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2947. ALLOCATIONG EXPENSES TO LOBBYING

Priority:  Other Significant

Legal Authority:  26 USC 162; 26 USC 7805

CFR Citation:  26 CFR 1.162(e)

Legal Deadline: None

Abstract: The regulations provide guidance for taxpayers with respect 
to the income tax consequences of expenditures for lobbying and other 
political activities.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/27/93                    58 FR 68330
Hearing                         04/06/94                    58 FR 68330
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-57-93
Drafting Attorney: James M. Guiry (202) 622-4920.
Reviewing Attorney: George Baker (202) 622-4920.

Agency Contact: James M. Guiry, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4920

RIN: 1545-AS26
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2948. CONTINUATION COVERAGE REQUIREMENTS OF GROUP HEALTH PLANS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 106(b); 26 USC 162(i)(2); 26 USC 
162(k); 26 USC 4980B

CFR Citation:  26 CFR 1; 26 CFR 54

Legal Deadline: None

Abstract: These regulations will provide guidance relating to the 
requirement that a group health plan provide continuation coverage to 
individuals who would otherwise lose coverage as a result of certain 
events.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/15/87                    52 FR 22716
NPRM Comment Period End         08/14/87                    52 FR 22716
Hearing                         11/04/87
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-143-86.
Drafting attorney: Russell Weinheimer (202) 622-6060.
Review attorney: Mark Schwimmer (202) 622-6060.
Treasury attorney: Mark Hamelburg (202) 622-1341.

Agency Contact: Russell Weinheimer, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-6060

RIN: 1545-AI93
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2949. MILLION-DOLLAR CAP ON DEDUCTION FOR EXECUTIVE COMPENSATION

Priority:  Other Significant

Legal Authority:  26 USC 162(m)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide rules relating to the 
$1,000,000 deduction limit of section 162(m).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/20/93                    58 FR 66310
NPRM Comment Period End         02/18/94
Final Action                    12/00/95

Small Entities Affected: Undetermined [[Page 23824]] 

Government Levels Affected: Undetermined

Additional Information: EE-61-93
Drafting Attorneys - Charles Deliee and Robert Misner
(202)622-6060

Agency Contact: Robert Misner, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6060

RIN: 1545-AS23
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2950. EARNINGS STRIPPING PAYMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation addresses the deductibility of interest under 
section 163 being limited when paid by a corporation to related persons 
not subject to U.S. tax.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/18/91                    56 FR 27907
Hearing                         09/25/91                    56 FR 27927
Final Action                    02/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-870-89.
Drafting attorney: Jacob Feldman (202) 622-3870.
Reviewing attorney: Jeffrey L. Dorfman (202) 622-3870.
Treasury attorney: Peter Marrs (202) 622-0724.

Agency Contact: Jacob Feldman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AO24
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2951. SUBSTANTIATION OF CONTRIBUTIONS MADE BY PAYROLL DEDUCTION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 170

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Provides guidance regarding the substantiation of charitable 
contributions made through payroll deduction in accordance with section 
13172 of the Omnibus Budget Reconciliation Act of 1993.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/27/94                    59 FR 27515
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: IA-74-93
Drafting Attorney: Joel Rutstein (202) 622-4930.
Reviewing Attorney: Karin Gross (202) 622-4930.

Agency Contact: Joel Rutstein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4930

RIN: 1545-AS27
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2952. RECAPTURE--CLEAN FUEL/ELECTRIC VEHICLES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 179A; 26 USC 30

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations on the definition of a qualified 
electric vehicle under section 30(c) and the recapture of the benefit 
of any credit allowable for qualified electric vehicles under section 
30 and any deduction allowable for qualified clean-fuel vehicle 
property or qualified clean-fuel vehicle refueling property under 
section 179A.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/14/94                    59 FR 52105
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-72-92.
Drafting attorney: Joanne Johnson (202) 622-3110.
Reviewing attorney: Susan Reaman (202) 622-3110.

Agency Contact: Joanne Johnson, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3110

RIN: 1545-AR23
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2953. RULES FOR FARMERS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 263A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The rules provide general rules regarding the application of 
the uniform capitalization rules to taxpayers engaged in farming.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-65-91.
Drafting attorney: Merrill Feldstein (202) 622-4960.
Reviewing attorney: Tom Luxner (202) 622-4970.

Agency Contact: Merrill Feldstein, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4960

RIN: 1545-AQ91
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2954. PRODUCTION OF CREATIVE PROPERTY

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 263A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The rules provide general rules regarding the application of 
the uniform capitalization rules to creative properties.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-66-91.
Drafting attorney: Merrill Feldstein (202) 622-4960.
Reviewing attorney: Tom Luxner (202) 622-4970. [[Page 23825]] 

Agency Contact: Merrill Feldstein, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4960

RIN: 1545-AQ92
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2955. FOREIGN TAXPAYERS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 263A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These rules provide guidance regarding the application of the 
uniform capitalization rules to foreign taxpayers.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           03/30/87                    52 FR 10118
ANPRM Comment Period End        05/29/87                    52 FR 10118
Hearing                         12/08/87
Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-67-91.
Drafting attorney: Harry Todd-Astrov (202) 622-4970.
Reviewing attorney: Tom Luxner (202) 622-4970.

Agency Contact: Harry-Todd Astrov, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4970

RIN: 1545-AQ93
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2956. METHOD CHANGE RULES FOR THE UNIFORM CAPITALIZATION RULES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 263A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These rules provide guidance regarding the method change 
requirement of section 263A.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           03/30/87                    52 FR 10118
ANPRM Comment Period End        05/29/87                    52 FR 10118
Hearing                         12/08/87
Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-68-91.
Drafting attorney: Harry-Todd Astrov (202) 622-4970.
Reviewing attorney: Tom Luxner (202) 622-4970.

Agency Contact: Harry-Todd Astrov, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4970

RIN: 1545-AQ94
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2957. GOLDEN PARACHUTE PAYMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 280G

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide rules relating to restrictions 
on golden parachute payments. The regulations will provide guidance to 
taxpayers, who must comply with section 280G, by delineating the 
circumstances under which payments may be considered excess parachute 
payments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/05/89                    54 FR 19390
NPRM Comment Period End         07/05/89
Hearing                         11/21/89                    54 FR 39548
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-30-90.
Drafting attorney: Robert Misner (202) 622-6060.

Agency Contact: Robert Misner, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6060

RIN: 1545-AH49
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2958. TREATMENT OF PREMIUMS ON STOCK CALLABLE AT THE OPTION OF THE 
ISSUER

Priority:  Other Significant

Legal Authority:  26 USC 305(c)(1)

CFR Citation:  26 CFR 1.305-5(b)(1); 26 CFR 1.305-5(b)(2)

Legal Deadline: None

Abstract: In section 11322(a) of Pub. L. 101-508, Congress amended 
section 305(c) of the Code to modify the treatment of preferred stock 
issued with a redemption premium. The amendment to section 305(c) 
applies the economic accrual rules that are applicable to debt 
instruments issued with OID to certain preferred stock issued with a 
redemption premium if the stock will be redeemed, or it can reasonably 
be assumed that the stock will be redeemed, on a fixed date. The 
regulations under 305(c) will be amended to provide for the economic 
accrual, rather than the ratable inclusion, of redemption premiums, in 
accordance of OID principles.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/22/94                    59 FR 22160
NPRM Comment Period End         10/24/94                    59 FR 22160
Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: CO-008-91.
Drafting attorney: Kirsten L. Simpson (202) 622-7790.
Reviewing attorney: William Alexander (202) 622-7780.

Agency Contact: Kirsten L. Simpson, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-7790

RIN: 1545-AQ42
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2959. GUIDANCE IN NOTICE 89-37, WHICH TREATS THE RECEIPT OF A 
CORPORATE PARTNER'S STOCK BY THE CORPORATE PARTNER AS A CIRCUMVENTION OF 
GENERAL UTILITIES REPEAL

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 337(d)

CFR Citation:  26 CFR 1

Legal Deadline: None [[Page 23826]] 

Abstract: The regulation will implement the guidance provided in Notice 
89-37, 1989-1 C.B. 679, on the treatment of the receipt of a 
corporation partner's stock by other corporation partner in exchange 
for appreciated property from the other corporation partner.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM Comment Period End         01/20/92                    57 FR 59327
NPRM                            12/15/92                    57 FR 59324
Final Action                    03/00/96

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: CO-91-90.
Drafting attorney: Brendan O'Hara (202) 622-7530.
Reviewing attorney: Vicki Hyche (202) 622-7530.

Agency Contact: Brendan O'Hara, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-7530

RIN: 1545-AP52
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2960.  YOC HEATING

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 337(d); 26 USC 338; 26 USC 1502

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This project proposes rules under section 338 regarding the 
treatment of the transfer of target assets to the purchasing 
corporation or another member of the same affiliated group as the 
purchasing corporation after a qualified stock purchase of target 
stock, if a section 338 election is not made.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: CO-62-94.
Drafting Attorney: William Galanis (202) 622-7790.
Reviewing Attorney: William Alexander (202) 622-7790
Treasury Attorney: David Weisbach (202) 622-1129

Agency Contact: William Galanis, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-7790

RIN: 1545-AT15
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2961. DEEMED PURCHASE PRICE WHEN CERTAIN STOCK PURCHASES ARE 
TREATED AS ASSET ACQUISITIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 338

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Proposal will prescribe rules for computing the basis of 
stock purchased in certain stock acquisitions and for allocating this 
basis among the assets of the corporation whose stock was thus 
acquired.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/01/86                    51 FR 23790
NPRM Comment Period End         09/02/86
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: CO-191-82.
Drafting attorney: David Friedel (202) 622-7550.
Reviewing attorney: Charles Whedbee (202) 622-7550.

Agency Contact: David Friedel, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-7550

RIN: 1545-AF29
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2962. AMENDMENT OF SECTION 1.338-5T REGULATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 338

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will address problems that have surfaced in 
the section 1.338-5T regulations since their publication, issues raised 
by the repeal of the General Utilities doctrine, as well as issues 
presented by the passage of section 338(h)(16) in 1988.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/20/94                     59 FR 3045
Final Action                    01/00/96

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: INTL-177-90.
Drafting attorney: Kenneth D. Allison (202) 622-3860.
Reviewing attorney: Charles Besecky (202) 622-3860.
Treasury attorney: Peter Marrs (202) 622-0724.

Agency Contact: Kenneth D. Allison, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AO73
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2963. INCOME TAX--TRIANGULAR REORGANIZATIONS, BASIS AND OTHER 
CONSEQUENCES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 358; 26 USC 1032; 26 USC 1502

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations provide rules for adjusting the basis of a 
controlling corporation in the stock of a controlled corporation as the 
result of certain triangular reorganizations involving the stock of the 
controlling corporation. The regulations also provide in certain 
circumstances for nonrecognition of gain to the controlled corporation 
on its use of controlling corporation stock in such reorganizations. 
The regulations also provide a special rule for adjusting the 
controlling corporation's basis in the stock of the controlled 
corporation when certain parties to the reorganization are members of a 
consolidated group

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/23/94                    59 FR 66280
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: CO-993-71.
Drafting attorney: Rose Williams (202) 622-7550.
Reviewing attorney: David Madden (202) 622-7540. [[Page 23827]] 
Treasury attorney: Michael Thomson (202) 622-1334.

Agency Contact: Rose Williams, Assistant to the Brach Chief, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-7550

RIN: 1545-AB21
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2964. AMENDMENT OF THE INCOME TAX REGULATIONS UNDER SECTION 367 OF 
THE CODE (TRANSFERS TO FOREIGN CORPORATIONS) TO REFLECT SECTION 131 OF 
THE TAX REFORM ACT OF 1984 (P.L. 98-369)

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 367

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The Income Tax Regulations under section 367 will be amended 
to reflect the changes made to that section by the Tax Reform Act of 
1984. Section 367 now provides generally that a foreign corporation 
will not be considered to be a corporation, for purposes of certain 
nonrecognition provisions of the Code, upon the transfer of property to 
such corporation by a U.S. person. The statute provides certain 
exceptions to that rule, exemptions to those exceptions, and special 
rules applicable to certain specified transfers. The regulations will 
provide guidance concerning the applicability of the general rule and 
its exceptions and special rules, including guidance concerning 
transfers of assets for use in the active conduct of a trade or 
business, stock transfers, transfers of intangible assets, and 
transfers of branch operations that have operated at a loss.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/16/86                    51 FR 17990
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-610-86.
Drafting attorney: Philip Tretiak (202) 622-3860.
Reviewing attorney: Bernard Bress (202) 622-3850.
Treasury attorney: Unassigned.

Agency Contact: Philip Tretiak, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AK74
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2965. TRANSFERS OF STOCK OR SECURITIES BY U.S. PERSONS TO FOREIGN 
CORPORATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 367

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations will replace, when finalized, the 
temporary income tax regulations under section 1.367(a)-1T(c)(2) and 
section 1.367(a)-3T. They provide guidance on the application of 
section 367(a) to transfers of stock or securities by U.S. persons to 
foreign corporations. This regulation has been broken out of a larger 
regulation project (listed under INTL-610-86, RIN 1545-AK74) that will 
amend the remainder of the temporary income tax regulations under 
section 367(a).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/26/91                    56 FR 41993
Hearing                         11/22/91                    56 FR 41992
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-54-91.
Drafting attorney: Philip Tretiak (202) 622-3860.
Reviewing attorney: Bernard Bress (202) 622-3850.
Treasury attorney: Joni Walser (202) 622-1752.

Agency Contact: Philip Tretiak, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AP81
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2966. INCOME TAX--PART 1--STOCK TRANSFER RULES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 367 (b)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The extent to which a foreign corporation shall be considered 
to be a corporation in connection with an exchange described in 
sections 332, 351, 354, 355, 356 or 361.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/26/91                    56 FR 41993
NPRM Comment Period End         10/25/91                    56 FR 41993
Hearing                         11/22/91                    56 FR 41992
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: Federal

Additional Information: INTL-178-86.
Drafting attorney: Irwin Halpern (202) 622-3850.
Reviewing attorney: Bernard Bress (202) 622-3850.
Treasury attorney: Joni Walser (202) 622-1752.

Agency Contact: Irwin Halpern, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AI32
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2967. TWENTY PERCENT WITHHOLDING ON ELIGIBLE ROLLOVER DISTRIBUTION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 402(c); 26 USC 403(b); 26 USC 
3405(b)

CFR Citation:  26 CFR 1; 26 CFR 31

Legal Deadline: None

Abstract: This project provides a cross-reference notice of proposed 
rulemaking providing guidance to implement statutory changes enacted by 
the Unemployment Compensation Amendments of 1992 (UCA). The UCA expands 
the types of distribution from qualified plans and section 403(b) plans 
that are eligible for tax-free rolliner. Also, the UCA requires 
qualified plans and 403(b) plans to provide employees with a direct 
rollover option. Also the UCA imposes a mandatory 20 percent income tax 
withholding upon any eligible rollover distribution that the employee 
does not elect to have paid in a direct rollover.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/22/92    57 FR 48194 [[Page 23828]] 
NPRM Comment Period End         12/28/92                    57 FR 48194
Hearing                         01/15/93                    57 FR 48193
Final Action                    10/00/95

Small Entities Affected: Businesses, Governmental Jurisdictions

Government Levels Affected: State, Local, Federal

Additional Information: EE-43-92.
Drafting attorney: Marjorie Hoffman (202) 622-6030.
Reviewing attorney: Mary Oppenheimer (202) 622-6010.

Agency Contact: Marjorie Hoffman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6030

RIN: 1545-AR01
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2968. INCOME TAX--DEDUCTION FOR CERTAIN FOREIGN DEFERRED 
COMPENSATION PLANS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 404A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations would provide guidance relating to the 
limitations on deductions and adjustments to earnings and profits (or 
accumulated profits) with respect to certain foreign deferred 
compensation plans.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/07/93                    58 FR 27219
NPRM Comment Period End         05/07/93                    58 FR 27219
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-14-81.
Drafting attorney: Robin Ehrenberg (202) 622-6080.
Reviewing attorney: Michael A. Thrasher (202) 622-6000.

Agency Contact: Robin Ehrenberg, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6080

RIN: 1545-AD81
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2969. DEFINITION OF ``HIGHLY COMPENSATED EMPLOYEE''

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 414(q)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The proposed and temporary regulations define the term 
``highly compensated employee'' under section 414(q) of the Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            02/19/88
NPRM Comment Period End         04/19/88                     53 FR 4999
Partially Closed by TD 8548     06/27/94                    59 FR 32911
Final Action                    03/00/96

Small Entities Affected: Businesses, Governmental Jurisdictions

Government Levels Affected: State, Local

Additional Information: EE-32-92.
Drafting attorney: Patricia McDermott (202) 622-6030.
Reviewing attorney: Nancy J. Marks (202) 622-6000.
Treasury attorney: Mark Iwry (202) 622-2647.
Temporary and proposed regulations under sections 414(g) and and 414(s) 
were published February 19, 1988 (53 FR 4965); and final regulations 
under section 414(s) were published September 19, 1991 (56 FR 47659), 
under project EE-129-86. The regulations under section 414(q) were 
split off from project EE-129-86. It is anticipated that final 
regulations under section 414(q) will be published in the future under 
project EE-32-92.

Agency Contact: Patricia McDermott, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-6030

RIN: 1545-AQ74
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2970.  VALUATION OF PLAN DISTRIBUTION

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The temporary regulations provide guidance to employers in 
determining the present value of an employees benefit in a qualified 
defined benefit plan.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: EE-12-95
Drafting Attorney: Linda Marshall (202) 622-6030.
Reviewing Attorney: Nan Marks (202) 622-6000.
Treasury Attorney: Harlan Weller (202) 622-1001.

Agency Contact: Linda Marshall, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6030

RIN: 1545-AT28
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2971. SPECIAL PAL RULES 469

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 469

CFR Citation:  26 CFR 469

Legal Deadline: None

Abstract: Proposed regulations provide guidance for new section 
469(c)(7) concerning special rules for taxpayers in real property 
business. Section 469(c)(7) was enacted by OBRA 93.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/10/94                      60 FR 257
Final Action                    11/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-80-93.
Drafting attorney: William M. Kostak (202) 622-3080.
Reviewing attorney: Donna M. Young (202) 622-3070.

Agency Contact: William M. Kostak, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3080

RIN: 1545-AS38


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23829]]
2972. LIMITATIONS ON PASSIVE ACTIVITY LOSSES AND CREDITS--SELF-
CHARGED ITEMS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 0469 (l)

CFR Citation:  26 CFR 1.469-7

Legal Deadline: None

Abstract: The regulation will address the treatment of self-charged 
items of income and expense in connection with transactions between 
passthrough entities and owners of interests in those entities.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/05/91                    56 FR 14034
Hearing                         09/06/91                    56 FR 14040
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: Undetermined

Additional Information: PS-039-89.
Drafting attorney: Ann Veninga (202) 622-3080.
Reviewing attorney: Donna M. Young (202) 622-3070.
Treasury attorney: Val Strehlow (202) 622-2578.

Agency Contact: Ann Veninga, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3080

RIN: 1545-AN64
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2973. SECTION 482, COST SHARING REGULATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 482

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Transfer of intangibles between affiliates; intercompany 
pricing issues.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/30/92                     57 FR 3571
Hearing                         08/31/92                    57 FR 33663
Final Action                    07/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-372-88.
Drafting attorney: Lisa L. Sams (202) 622-3840.
Reviewing attorney: Benedetta A. Kissel (202) 622-3800.
Treasury attorney: Warren Crowdus (202) 622-1779.

Agency Contact: Lisa L. Sams, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AM00
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2974. RECOGNITION OF PRE-CONTRIBUTION GAIN OR LOSS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 704(c)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations will address the determination of 
pre-contribution gain or loss under section 704(c)(1)(B) of the 
Internal Revenue Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/09/95                     60 FR 2352
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-51-93
Drafting attorney: Stephen Coleman (202) 622-3060.
Reviewing attorney: Thomas J. Hines (202) 622-3060.

Agency Contact: Stephen Coleman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3060

RIN: 1545-AR93
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2975. SECTION 737 DISTRIBUTIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 737

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations under section 737 relating to the 
regulation of precontribution gain in the case of certain distributions 
to the contributing partner.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/09/95                     60 FR 2352
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-76-92.
Drafting attorney: Stephen Coleman (202) 622-3060.
Reviewing attorney: Thomas J. Hines (202) 622-3060.
Treasury attorney: David Weisbach (202) 622-1129.

Agency Contact: Stephen Coleman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3060

RIN: 1545-AR48
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2976. SPECIAL RULES FOR DETERMINING SOURCE

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 863(a)

CFR Citation:  26 CFR 1.863-1(d)

Legal Deadline: None

Abstract: The regulations provide rules for determining the source of 
scholarships and fellowship grants as defined under section 117 of the 
Internal Revenue Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/15/93                    58 FR 33060
Final Action                    04/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-041-92.
Drafting attorney: unassigned.
Reviewing attorney: Charles Besecky (202) 622-3860.
Treasury attorney: Warren Crowdus (202) 622-1779.

Agency Contact: Charles Besecky, Attorney-Adviser, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AQ81


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23830]]
2977. INTEGRATED FINANCIAL TRANSACTION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 864(e)

CFR Citation:  26 CFR 1.861-10(c)

Legal Deadline: None

Abstract: The regulation addresses whether matched book sale and 
repurchase transactions conducted by securities dealers qualify as 
integrated financial transactions under section 1.861-10(c).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-001-93.
Drafting attorney: Karl T. Walli (202) 622-3870.
Reviewing attorney: Jeffrey L. Dorfman (202) 622-3870.
Treasury attorney: Unassigned.

Agency Contact: Karl T. Walli, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AR20
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2978. TREATMENT OF RELATED PERSON FACTORING INCOME; CERTAIN 
INVESTMENTS IN UNITED STATES PROPERTY; AND STOCK REDEMPTIONS THROUGH 
RELATED CORPORATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 864 (d); 26 USC 956; 26 USC 304; 
26 USC 7805; 26 USC 864 (d)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These rules will relate to the treatment of income derived by 
foreign corporations from factoring the receivables of related persons, 
rules relating to certain investments in U.S. property and stock 
redemptions through related corporations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/14/88                    53 FR 22186
NPRM Comment Period End         08/15/88                    53 FR 22186
Hearing                         02/09/89                    53 FR 49895
Final Action                    01/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-49-86.
Drafting attorney: Philip L. Garlett (202) 622-3840.
Reviewing attorney: Steve Usher (202) 622-3840.
Treasury attorney: Carol Dunahoo (202) 622-0726.

Agency Contact: Philip L. Garlett, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AH85
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2979. COMPUTATION OF INTEREST EXPENSE DEDUCTION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 882

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will revise the rules for the computation of 
the interest expense deduction of a foreign corporation.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/24/92                    57 FR 15038
NPRM Comment Period End         10/14/92
Final Action                    09/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-309-88.
Drafting attorney: Karl T. Walli (202) 622-3870.
Reviewing attorney: Jeffrey L. Dorfman (202) 622-3870
Treasury attorney: Unassigned.

Agency Contact: Karl T. Walli, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC, 202 622-3870

RIN: 1545-AL84
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2980. AMENDMENTS TO THE BRANCH PROFITS TAX UNDER SECTIONS 884 AND 
864

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 884; 26 USC 864

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will revise the ``asset-use'' test under 
section 864 to exclude stock. This regulation will explain what 
percentage of an interest in a partnership, trust or estate is a U.S. 
asset under section 884. In addition, this regulation amends the 
definition of ``branch interest'' under section 884.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/11/92                    57 FR 41707
Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-003-92.
Drafting attorney: Sharon Bomgardner (202) 622-3860.
Reviewing attorney: Elizabeth U. Karzon (202) 622-3860.
Treasury attorney: P. Ann Fisher (202) 622-1755.

Agency Contact: Sharon Bomgardner, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AQ58
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2981. NONRECOGNITION OF CORPORATE DISTRIBUTIONS AND REORGANIZATIONS 
UNDER THE FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 897

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Proposal would provide rules concerning the effect of certain 
distributions including dividends, redemptions, distributions pursuant 
to reorganizations, and liquidations on corporations and their 
shareholders under the Foreign Investment in Real Property Tax Act. 
Proposal would also provide rules for determining the extent to which 
nonrecognition would apply [[Page 23831]] to certain transfers of real 
property interests and the extent to which certain reorganizations will 
be treated as sales of property at fair market value.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/05/88                    53 FR 16233
Hearing                         03/01/89                     54 FR 1189
Final Action                    02/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-491-87.
Drafting attorney: Leslie A. Cracraft (202) 622-3860.
Reviewing attorney: Charles P. Besecky (202) 622-3860.
Treasury attorney: Peter Marrs (202) 622-0724.

Agency Contact: Leslie A. Cracraft, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AK79
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2982. CONFORMING TAXABLE YEARS OF CFCS AND FPHCS: 1989 CHANGE

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 898; 26 USC 902

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation provides guidance to taxpayers concerning new 
section 898 of the Internal Revenue Code, added to the Code by the 
Omnibus Budget Reconciliation Act of 1989. Section 898 requires the 
taxable years of certain specified foreign corporations to conform to 
the taxable years of their majority U.S. shareholders.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/05/93                      58 FR 290
Final Action                    01/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: INTL-848-89.
Drafting attorney: Kristine K. Schlaman (202) 622-3840.
Reviewing attorney: Charlie C. Saverude (202) 622-3800.
Treasury attorney: Carol Doran Klein (202) 622-1762.

Agency Contact: Kristine K. Schlaman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AO22
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2983. RESOURCING INCOME TO PREVENT AVOIDANCE OF FOREIGN TAX CREDIT 
LIMITATION RULES RELATING TO FOREIGN LOSSES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 904; 26 USC 1504

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The purpose of the regulation is to require a taxpayer to 
resource the income of any member of an affiliated group of 
corporations, or, alternatively to modify the consolidated return 
regulations, to the extent necessary in order to prevent avoidance of 
the purposes of the foreign tax credit rules.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/17/94                    59 FR 25584
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-6-90.
Drafting attorney: Kenneth D. Allison (202) 622-3860.
Reviewing attorney: Charles P. Besecky (202) 622-3860.
Treasury attorney: Carol Doran-Klein (202) 622-1762.

Agency Contact: Kenneth D. Allison, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC, 202 622-3860

RIN: 1545-AN87
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2984. APPLICATION OF SECTION 904 TO INCOME SUBJECT TO SEPARATE 
LIMITATIONS AND SECTION 864(E) AFFILIATED GROUP EXPERT ALLOCATION RULES

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 904(d)(5); 26 USC 864(e)(7)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations modify proposed income tax regulations 
relating to affiliated group expense allocation rules of section 
864(c)(5) and (6). In addition, the regulations propose changes to the 
section 904(d) final foreign tax credit limitation regulations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/14/92                    57 FR 20660
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-001-92.
Drafting attorney: Caren S. Shein (202) 622-3850.
Reviewing attorney: Barbara A. Felker (202) 622-3850.
Treasury attorney: Carol Doran Klein (202) 622-1762.

Agency Contact: Caren S. Shein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AQ43
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2985. INCOME TAX--TAXPAYER'S OBLIGATION TO FILE A NOTICE OF 
REDETERMINATION OF FOREIGN TAX AND CIVIL PENALTIES FOR FAILURE TO FILE

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 905 (c); 26 USC 6689

CFR Citation:  26 CFR 1; 26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: The regulations will establish procedures for taxpayers by 
which they must notify the Service of a change in foreign tax liability 
for a taxable year for which they claimed the foreign tax credit. The 
regulations provide special rules for redetermining the taxpayer's 
United States tax liability when the dollar value of the foreign 
currency fluctuates between the time for which the foreign tax credit 
is originally claimed and the time for which the foreign tax credit is 
redetermined. In addition, the regulations set forth deadlines for 
compliance with the notification requirements. [[Page 23832]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/23/88                    53 FR 23659
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-61-86.
Drafting attorney: Caren Shein (202) 622-3850.
Reviewing attorney: Barbara A. Felker (202) 622-3850.
Treasury attorney: Carol Doran Klein (202) 622-1762.

Agency Contact: Caren Shein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AC09
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2986. INCOME TAX--DEFINITION OF QUALIFIED POSSESSION SOURCE 
INVESTMENT INCOME FOR PURPOSES OF PUERTO RICO AND POSSESSION TAX CREDIT

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 936(d)(2)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide rules with respect to what 
constitutes qualified possession source investment income for purposes 
of the Puerto Rico and possession tax credit.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/21/86                     51 FR 2726
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-44-86.
Drafting attorney: W. Edward Williams (202) 874-1490.
Reviewing attorney: Christine Halphen (202) 622-3810.
Treasury attorney: Warren Crowdus (202) 622-1779.

Agency Contact: W. Edward Williams, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza South SW., 
Washington, DC 20024, 202 874-1490

RIN: 1545-AC10
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2987. SECTION 936 REGULATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 936(h)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will simplify the computation of combined 
taxable income for companies making an election under section 936(h) of 
the Code; it will revise the determination of the deemed sales price 
for purposes of the leasing rules applicable to such corporations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/12/94                     59 FR 1690
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-68-92.
Drafting attorney: Margaret Hogan (202) 622-3870.
Reviewing attorney: Jacob Feldman (202) 622-3870.
Treasury attorney: Carol Doran Klein (202) 622-1762.

Agency Contact: Margaret Hogan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AR18
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2988. CBI INVESTMENTS OF SECTION 936 FUNDS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 936(d)(4)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Will define investments made in qualified Caribbean Basin 
countries that give rise to interests or dividends available for the 
section 936 credit.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/13/91                    56 FR 21963
Hearing                         07/12/91                    56 FR 21963
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-088-89.
Drafting attorney: W. Edward Williams (202) 874-1490.
Reviewing attorney: Christine Halphen (202) 622-3810.
Treasury attorney: Unassigned.

Agency Contact: W. Edward Williams, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza South SW., 
Washington, DC 20024, 202 874-1490

RIN: 1545-AM91
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2989. INSURANCE INCOME

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 953

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation defines related person insurance income; and 
sets forth rules regarding the amount of related person insurance 
income to be included in gross income. In addition, the regulation 
defines insurance income under section 953(a), prescribes rules of 
allocation and apportionment of deductions, and prescribes rules for 
the interaction of subchapter L and subchapter N.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/17/91                    56 FR 15540
Hearing                         06/21/91                    56 FR 15570
Final Action                    02/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-939-86.
Drafting attorney: Valerie A. Mark (202) 622-3840.
Reviewing attorney: Steven Musher (202) 622-3840.
Treasury attorney: Carol Dunahoo (202) 622-0726.

Agency Contact: Valerie A. Mark, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AJ70


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23833]]
2990. SUBPART F DEFINITIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 954; 26 USC 957

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Definition of FPHC income. Particular issues include income 
equivalent to interest of property which does not give rise to income.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/21/88                    53 FR 27532
Hearing                         02/09/89                    53 FR 49895
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-362-88.
Drafting attorney: Lisa G. Sams (202) 622-3840.
Reviewing attorney: Phyllis E. Marcus (202) 622-3840.
Treasury attorneys: Carol Dunahoo (202) 622-0726.

Agency Contact: Lisa G. Sams, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3840

RIN: 1545-AM15
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2991. USE OF GAAP EARNINGS AS E&P OF FOREIGN CORPORATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 964; 26 USC 952

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations are proposed as part of Treasury's ongoing 
simplification efforts. The proposed regulations would modify the 
computation of earnings and profits (E&P) of foreign corporations by 
allowing taxpayers to account for inventory costs using capitalization 
methods used for financial accounting purposes rather than the uniform 
capitalization rules required by section 263A. The proposed regulations 
would also permit reliance on financial accounting conventions in 
computing depreciation for foreign corporations deriving less than 20% 
of gross income from U.S. sources and maintaining assets with tax bases 
not materially different from financial book bases. Use of these 
simplified rules may result in an accounting method change which would 
ordinarily require the filing of Form 3115 (Application for Change in 
Accounting Method). However, the proposed regulations waive this filing 
requirement if its conditions are met.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/01/92                    57 FR 29246
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-018-92.
Drafting attorney: Margaret A. Hogan (202) 622-3870.
Reviewing attorney: Barbara A. Felker (202) 622-3850.
Treasury attorney: Unassigned.

Agency Contact: Margaret A. Hogan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, llll Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AQ55
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2992. RULES FOR A QBU CHANGING FROM THE PROFIT-AND-LOSS METHOD TO 
DASTM

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide rules for a qualified business 
unit (``QBU'') changing from the profit and loss method of accounting 
to DASTM and also rules for any adjustments required due to the change 
in method.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/05/93                      58 FR 300
Final Action                    01/00/96

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: INTL-045-92.
Drafting attorney: Jacob Feldman (202) 622-3870.
Reviewing attorney: Barbara Felker (202) 622-3850.
Treasury attorney: Unassigned.

Agency Contact: Jacob Feldman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AR28
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2993. CHANGE FROM THE DOLLAR APPROXIMATE SEPARATE TRANSACTIONS 
METHOD (DASTM) TO THE PROFIT-AND-LOSS METHOD OF ACCOUNTING

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 985

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations provide rules for qualified business units 
(``QBU's'') whose currency is no longer hyperinflationary including any 
necessary adjustment.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    01/00/96

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: INTL-066-92.
Drafting attorney: Jacob Feldman (202) 622-3870.
Reviewing attorney: Jeffrey Dorfman (202) 622-3870.
Treasury attorney: Unassigned.

Agency Contact: Jacob Feldman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AS68
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2994. MARK-TO-MARKET METHOD OF ACCOUNTING UNDER SECTION 988

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 989(c)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations allow taxpayers to elect to account 
for exchange gains and losses under a mark-to-market method of 
accounting. The proposed regulation also addresses other matters 
including dual currency bonds, contingent payment bonds denominated in 
a nonfunctional currency, hyperinflationary instruments and certain 
hedging transactions. [[Page 23834]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/17/92                     57 FR 9217
Final Action                    12/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: INTL-015-91.
Drafting attorney: Jacob Feldman (202) 622-3870.
Reviewing attorney: Jeffrey L. Dorfman (202) 622-3870.
Treasury attorney: Unassigned.

Agency Contact: Jacob Feldman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AP78
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2995. MODIFICATIONS OF DEBT INSTRUMENTS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1001

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This document relates to the treatment of modifications of 
debt instruments as realization events under section 1001 of the 
Internal Revenue Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/02/92                    57 FR 57034
Hearing                         02/17/93                    57 FR 57033
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: FI-31-92.
Drafting attorney: Tom Kelly (202) 622-3940.

Agency Contact: Tom Kelly, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3940

RIN: 1545-AR04
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2996.  SECTION 1244, INFORMATION STATEMENT

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1244

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Revise section 1.1244(e)-1(b) to eliminate the information 
statement requirement.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            11/15/94                    59 FR 58800
NPRM Comment Period End         01/17/95                    59 FR 58800
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: CO-46-94.
Drafting attorney: Kirsten L. Simpson (202) 622-7790.
Reviewing attorney: John N. Geracimos (202) 622-7790

Agency Contact: Kirsten Simpson, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-7790

RIN: 1545-AS97
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2997. CONTINGENT AND VARIABLE DEBT INSTRUMENTS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1275(d)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation will address the proper accrual of original 
issue discount on debt instruments that provide for contingent or 
variable payments. This regulation will clarify existing uncertainties 
under the present law.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/16/94                    59 FR 64884
NPRM Comment Period End         03/16/95                    59 FR 64884
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: FI-059-91.
Drafting attorney: William E. Blanchard (202) 622-3950.
Reviewing attorney: Andrew C. Kittler (202) 622-3930.
Treasury attorney: David Weisbach (202) 622-1129.

Agency Contact: William E. Blanchard, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3950

RIN: 1545-AQ86
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2998. DEBT INSTRUMENTS WITH ORIGINAL ISSUE DISCOUNT: ANTI-ABUSE 
RULE

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 1275(d)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation provides an anti-abuse rule relating to the 
tax treatment of debt instruments with original issue discount.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            02/02/94                     59 FR 4878
NPRM Comment Period End         04/04/94                     59 FR 4878
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-5-94
Drafting attorney: William E. Blanchard (202) 622-3950.
Reviewing attorney: Andrew C. Kittler (202) 622-3940.
Treasury attorney: David Weisbach (202) 622-1129.

Agency Contact: William E. Blanchard, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3950

RIN: 1545-AS35
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

2999. TREATMENT OF SHAREHOLDERS OF PASSIVE FOREIGN INVESTMENT 
COMPANIES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 0446; 26 USC 1291; 26 USC 1293; 
26 USC 1295; 26 USC 1297

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation relates to the treatment of shareholders of 
passive foreign investment companies. [[Page 23835]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/01/92                    57 FR 11024
NPRM Comment Period End         07/30/92                    57 FR 11024
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-656-87.
Drafting attorney: Ramon Camacho (202) 622-3870.
Reviewing attorney: Margaret O'Connor (202) 622-3880.
Treasury attorney: P. Ann Fisher (202) 622-1755.

Agency Contact: Gayle Novig, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3880

RIN: 1545-AC06
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3000. PASSIVE FOREIGN INVESTMENT COMPANIES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1294; 26 USC 1297(b)(1); 26 USC 
1291(d)(2)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Provide guidance to passive foreign investment companies and 
their shareholders that are United States persons about the time, 
manner and other requirements for making certain elections.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/02/88                     53 FR 6781
Final Action                    09/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-941-86.
Drafting attorney: Carolyn Fanaroff (202) 622-3880.
Reviewing attorney: Margaret O'Connor (202) 622-3880.
Treasury attorney: Patricia Brown (202) 622-1781.

Agency Contact: Carolyn Fanaroff, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3880

RIN: 1545-AI33
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3001. INCOME TAX--DEFINITION OF S CORPORATION

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1361

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will address the following matters: (1) the 
number of permitted shareholders of a small business corporation, (2) 
the types of trusts that are permitted to be shareholders of a small 
business corporation, and (3) the rules relating to corporations that 
are ineligible to be S corporations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/07/87                    51 FR 35659
NPRM Comment Period End         12/08/87
Final Action                    05/00/95

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Additional Information: PS-262-82.
Drafting attorney: Laura Howell (202) 622-3060.
Reviewing attorney: Thomas Hines (202) 622-3060.
Treasury attorney: John Rooney (202) 622-2673.

Agency Contact: Laura Howell, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3060

RIN: 1545-AE86
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3002. SECTION 1445 REGULATION REVISIONS DUE TO 1993 TAX ACT

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The withholding rates in sections 1.1445-5 and 1.1445-8 need 
to be increased from 34% to 35% to reflect the amendment to sections 
1445(c)(1) and (e)(2).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    05/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-008-94
Drafting attorney: Gwendolyn Stanley (202) 622-3860.
Reviewing attorney: Charles Besecky (202) 622-3860.
Treasury attorney: Unassigned.

Agency Contact: Gwendolyn Stanley, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3860

RIN: 1545-AS51
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3003. TEMPORARY REGULATION ON WITHHOLDING TAX ON PAYMENTS FROM 
PARTNERSHIPS TO FOREIGN PARTNERS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 1446

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulation explains under what circumstances withholding 
is required under section 1446. It also explains the timing of 
withholding and how to pay over the withheld amounts to the Internal 
Revenue Service. Section 1446 was substantially amended by the 
Technical and Miscellaneous Revenue Act of 1988.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Temporary Regulation            02/00/96

Small Entities Affected: Undetermined

Government Levels Affected: None

Additional Information: INTL-938-86.
Drafting attorney: Ronald Gootzeit (202) 622-3880.
Reviewing attorney: Margaret O'Connor (202) 622-3880.
Treasury attorney: Unassigned.

Agency Contact: Ronald Gootzeit, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3880

RIN: 1545-AL32


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23836]]
3004. CONSOLIDATED GROUPS AND CONTROLLED GROUPS--INTERCOMPANY 
TRANSACTIONS AND RELATED RULES

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1502

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide guidance relating to the 
treatment of intercompany transactions and distributions between 
members of consolidated groups and controlled groups.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/15/94                    59 FR 18011
NPRM Comment Period End         07/18/94                    59 FR 18011
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: CO-11-91.
Drafting Attorney: Roy Hirschhorn (202) 622-7770.
Reviewing Attorney: Edward S. Cohen (202) 622-7760.
Reviewing Attorney: John Broadbent (202) 622-7710.
Treasury Attorney: Mary Heath (202) 622-0868.
Treasury Attorney: Seth Green (202) 622-0865.

Agency Contact: Roy Hirschhorn, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-7770

RIN: 1545-AL63
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3005. CONSOLIDATED ALTERNATIVE MINIMUM TAX

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 1502; 26 USC 53; 26 USC 55; 26 USC 56; 26 USC 
57; 26 USC 58; 26 USC 59; 26 USC 59A

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide corporate taxpayers joining in 
the filing of a consolidated federal income return with guidance 
necessary to calculate their alternative minimum tax liability.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/30/92                    57 FR 62251
Final Action                    10/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: IA-057-89.
Drafting attorney: Martin Scully (202) 622-4960.
Reviewing attorney: Stephen Toomey (202) 622-4960.

Agency Contact: Martin Scully, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-4960

RIN: 1545-AN73
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3006. ALIEN SPOUSE MARITAL DEDUCTION

Priority:  Other Significant

Legal Authority:  26 USC 2056; 26 USC 2056A; 26 USC 2523; 26 USC 2106; 
26 USC 6324; 26 USC 2503; 26 USC 2001

CFR Citation:  26 CFR 20; 26 CFR 25

Legal Deadline: None

Abstract: These regulations will clarify the estate and gift tax 
treatment of transfers of property where the surviving spouse or donee 
spouse is not a United States citizen. The regulations will prescribe 
how certain transfers to a qualified domestic trust for the benefit of 
an alien spouse will qualify for the estate tax marital deduction. The 
regulations will also describe the manner in which an estate tax is 
imposed in the case of any principal distribution from a qualified 
domestic trust before the death of the surviving spouse and upon the 
value of the property remaining in the trust on the surviving spouse's 
death.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/05/93                      58 FR 305
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-102-88.
Drafting attorney: Susan Hurwitz (202) 622-3090.
Reviewing attorney: George Masnik (202) 622-3090.

Agency Contact: Susan Hurwitz, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3090

RIN: 1545-AM85
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3007. ESTATE TAX--GENERATION SKIPPING TRANSFER TAX

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 2653; 26 USC 2662; 26 USC 2663

CFR Citation:  26 CFR 26; 26 CFR 26a

Legal Deadline: None

Abstract: The regulations will provide rules relating to the effective 
date provisions, return requirements, definitions, and certain special 
rules for the tax on generation skipping transfers.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/15/88                     53 FR 8469
NPRM Comment Period End         05/16/88                     53 FR 8469
Final Action                    08/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-128-86.
Drafting attorney: James F. Hogan (202) 622-3090.
Reviewing attorney: George Masnik (202) 622-3090.

Agency Contact: James F. Hogan, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3090

RIN: 1545-AJ11
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3008. ELECTRONIC FILING OF FORM W-4

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 31

Legal Deadline: None

Abstract: The statute and existing regulations require employees to 
furnish employers with withholding exemption certificates (Forms w-4). 
The regulation would permit employees to file Forms W-4 electronically 
under certain circumstances. [[Page 23837]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           12/21/94                    59 FR 65740
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: Undetermined

Additional Information: EE-45-93
Drafting attorney Russ Weinheimer (202) 622-6060.
Reviewing attorney Mark Schwimmer (202) 622-6060.

Agency Contact: Russ Weinheimer, Senior Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-6060

RIN: 1545-AR67
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3009.  WITHHOLDING ON DISTRIBUTIONS OF INDIAN CASINO 
PROFITS TO TRIBAL MEMBERS

Priority:  Other Significant

Legal Authority:  26 USC 3402(r); 26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Implements income tax withholding requirement on 
distributions of profits to Indian tribe members from certain Indian 
gaming activities, under new IRC section 3402(r).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/22/94                    59 FR 65982
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: EE-60-94.
Drafting attorney: Rebecca Wilson (202) 622-6040.
Reviewing attorney: Jerry Holmes (202) 6040.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Rebecca Wilson, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AT11
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3010. BACKUP WITHHOLDING UNDER SECTION 3406

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 3406

CFR Citation:  26 CFR 31

Legal Deadline: None

Abstract: The regulations will provide that a tax equal to 20 percent 
of any reportable payment is required to be withheld if certain 
conditions exist. With respect to reportable interest or dividends, 
backup withholding applies if (1) no number is provided in the manner 
required, (2) the Service notifies the payor that the payee's taxpayer 
identification number is not correct, (3) the payee is subject to 
backup withholding due to a notified payee underreporting, and (4) the 
payee fails to certify when required that he or she is not subject to 
backup withholding due to notified payee underreporting. With respect 
to other reportable payments (such as rents, royalties, nonemployee 
compensation, broker transactions, or barter exchanges), backup 
withholding applies if (1) no taxpayer identification number is 
provided, or (2) the Service notifies the payor that the payee's 
taxpayer identification number is not correct.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            09/27/90                    55 FR 39427
Hearing                         03/04/91                    55 FR 48867
NPRM                            09/23/91                    56 FR 47929
Hearing                         11/19/91                    56 FR 47921
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-224-82.
Drafting attorney: Renay France (202) 622-4910.
Reviewing attorney: John M. Coulter, Jr. (202) 622-4910.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Renay France, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-4910

RIN: 1545-AE20
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3011. TREATMENT OF REAL ESTATE AGENTS AND DIRECT SELLERS AS 
NONEMPLOYEES FOR EMPLOYMENT TAX PURPOSES--REPORTING REQUIREMENTS WITH 
RESPECT TO DIRECT SELLERS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 3508; 26 USC 3509; 26 USC 6041A

CFR Citation:  26 CFR 1; 26 CFR 31

Legal Deadline: None

Abstract: The proposed regulations would provide rules for the 
treatment of real estate agents and direct sellers as independent 
contractors for employment tax purposes. The proposed rules would also 
provide guidance for the reporting requirements of sales to direct 
sellers. The proposed rules would also provide guidance for computing 
certain employer liability for employment taxes.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/07/86                      51 FR 619
NPRM Comment Period End         03/10/86                      51 FR 619
Hearing                         06/18/86
Final Action                    04/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-37-88.
Drafting attorney: Alfred Kelley (202) 622-6040.
Reviewing attorney: Jerry Holmes (202) 622-6040.

Agency Contact: Alfred Kelley, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AE62
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3012. RETAIL EXCISE TAXES ON CERTAIN LUXURY ITEMS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 4004

CFR Citation:  26 CFR 48

Legal Deadline: None

Abstract: These regulations relate to the retailers excise taxes on 
certain luxury items.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/02/91       56 FR 36 [[Page 23838]] 
NPRM Comment Period End         03/04/91                       56 FR 36
Hearing                         04/29/91                    56 FR 11979
Final Action                    03/00/96

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: PS-094-90.
Drafting attorney: Edward Madden (202) 622-3130.
Reviewing attorney: Jeffrey Nelson (202) 622-3130.

Agency Contact: Edward Madden, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AP24
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3013. DIESEL FUEL EXCISE TAX

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 4081; 26 USC 6427

CFR Citation:  26 CFR 48

Legal Deadline: None

Abstract: These regulations relate to the diesel fuel excise tax 
effective January 1, 1994. Determination of taxable events; person 
liable for the tax; exemptions including dying; and the rules for 
ultimate vendors who claim credit or refund.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           08/26/93                    58 FR 45081
NPRM                            11/30/93                    58 FR 63131
NPRM Comment Period End         01/31/94                    58 FR 63131
Final Action                    04/00/95

Small Entities Affected: Businesses

Government Levels Affected: State

Additional Information: PS-52-93
Drafting attorney: Frank Boland (202) 622-3130.
Reviewing attorney: Richard Kocak (202) 622-3130.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Frank Boland, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington DC 
20224, 202 622-3130

RIN: 1545-AR92
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3014. DIESEL FUEL TAX--GASOHOL

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 4081

CFR Citation:  26 CFR 48.4081

Legal Deadline: None

Abstract: These regulations update the gasoline regulations to reflect 
changes in law relating to diesel and gasoline.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/19/94                    59 FR 52735
NPRM Comment Period End         12/19/94                    59 FR 52735
Final Action                    06/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: PS-66-93
Drafting attorney: Frank Boland (202) 622-3130.
Reviewing attorney: Richard Kocak (202) 622-3130.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Frank Boland, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AS10
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3015. TAX ON PETROLEUM

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 4611; 26 USC 4612

CFR Citation:  26 CFR 52

Legal Deadline: None

Abstract: The regulations relate to tax on petroleum under section 4611 
of the Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/25/93                    58 FR 21963
Hearing                         03/03/94                     59 FR 5161
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-158-86.
Drafting attorney: Ruth Hoffman (202) 622-3130.
Reviewing attorney: Dick Kocak (202) 622-3130.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Ruth Hoffman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AJ23
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3016. EXPORTS OF OZONE-DEPLETING CHEMICALS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 4682(d)(3)

CFR Citation:  26 CFR 52

Legal Deadline: None

Abstract: These regulations relate to the exemption from tax for 
exports of ozone-depleting chemicals.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/15/93                     58 FR 4625
NPRM Comment Period End         03/16/93
Final Action                    06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-89-91.
Drafting attorney: Ruth Hoffman (202) 622-3130.
Reviewing attorney: Dick Kocak (202) 622-3130.
Treasury attorney: Elizabeth Wagner (202) 622-1778.

Agency Contact: Ruth Hoffman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AQ23
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3017.  EXCISE TAX ON SELF-DEALING BY PRIVATE FOUNDATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 53

Legal Deadline: None

Abstract: These amendments to section 53.4941(d)-2(f) are intended to 
clarify the service's position that generally, the payment of 
indemnification and insurance by a private foundation for a foundation 
manager in situations arising from the performance of services on 
behalf of the private foundation are not self-dealing and are not 
considered when determining [[Page 23839]] reasonable compensation of 
the foundation manager.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/03/95                       60 FR 82
Final Action                    11/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-56-94.
Drafting attorney: Terri Harris (202) 622-6070.
Reviewing attorney: Paul Accettura (202) 622-6070.
Treasury attorney: Cathy Livingson (202) 622-0998.
This entry was split from RIN 1545-AI52.

Agency Contact: Terri Harris, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6070

RIN: 1545-AT03
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3018. AMENDMENT OF SECTION 1.6033-2(G)(5) RELATING TO RETURNS BY AN 
INTEGRATED AUXILIARY OF A CHURCH

Priority:  Other Significant

Legal Authority:  26 USC 7805; PL 91-172, Sec 101 (d) (1)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: These regulations will revise the definition of integrated 
auxiliary of a church in section 1.6033-2(g)(5) of the Treasury 
Regulations to be consistent with Rev. Proc. 86-23, 1986-1 CB 564.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/15/94                    59 FR 64633
NPRM Comment Period End         03/15/95
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-41-86.
Drafting attorney: Terri Harris (202) 622-6070.
Reviewing attorney: Paul Accettura (202) 622-6070.

Agency Contact: Terri Harris, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6070

RIN: 1545-AI52
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3019. INFORMATION FROM PASSPORT AND IMMIGRATION APPLICANTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 6039E

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulation will prescribe the information to be gathered 
by the State Department and Immigration and Naturalization Service on 
passport and green card applicants and the penalties to be imposed on 
such applicants if they do not supply the information.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/24/92                    57 FR 61373
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-978-86.
Drafting attorney: Ricardo A. Cadenas (202) 874-1490.
Reviewing attorney: George Sellinger (202) 874-1490.
Treasury attorney: P. Ann Fisher (202) 622-1755.

Agency Contact: Ricardo A. Cadenas, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza South SW., Suite 
3319, Washington, DC 20024, 202 874-1490

RIN: 1545-AJ93
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3020.  CASH REPORTING BY COURT CLERKS

Priority:  Other Significant

Legal Authority:  26 USC 6050I; 26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline:  Other, Statutory, December 13, 1994.
Sec. 20415 of the violent crime control and law enforcement act of 1994 
required issuance of temporary regulations by 12-13-94.

Abstract: This regulation relates to the information reporting 
requirements of court clerks upon receipt of more than $10,000 in cash 
as bail for any individual charged with a specific criminal offense.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/15/94                    59 FR 64635
Final Action                    10/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-57-94.
Drafting attorney: Susie Bird (202) 622-4960.
Reviewing attorney: Steve Toomey (202) 622-4960.

Agency Contact: Susie K. Bird, Attorney-Advisor (Tax), Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4960

RIN: 1545-AT06
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3021. IRC SECTION 6051

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6051; 26 USC 6071

CFR Citation:  26 CFR 31.6051-1(d); 26 CFR 31.6071-1(a); 26 CFR 
31.6051-2

Legal Deadline: None

Abstract: Project will modify existing regulations to require employers 
who file a final form 941 to file form W-2 and W-3 at the same time the 
employer is required to file the final Form 941.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/22/94                    59 FR 65982
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-083-89.
Drafting attorney: Jean Casey (202) 622-6040.
Reviewing attorney: Jerry Holmes (202) 622-6040.
Treasury attorney: Kevin Knopf (202) 622-0832

Agency Contact: Jean Casey, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AN57


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23840]]
3022. VOICE SIGNATURES

Priority:  Other Significant

Legal Authority:  26 USC 6061; 26 USC 6012

CFR Citation:  26 CFR 1.6012-7T; 26 CFR 1.6061-2T; 26 CFR 1.6065-2T

Legal Deadline: None

Abstract: The regulations will enable the Service to accept a voice 
signature in lieu of a handwritten signature. This will allow the 
Service to test the feasibility of voice signatures for one year with 
certain taxpayers who live in the geographic area of the Cincinnati 
district office. The regulations also address the effect of a taxpayer 
using a voice signature.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/13/93                     58 FR 4125
Final Action                    04/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-15-92.
Drafting attorney: Celia Gabrysh (202) 622-4940.
Reviewing attorney: Rudolf Planert (202) 622-4940.

Agency Contact: Celia Gabrysh, Atorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-4940

RIN: 1545-AQ68
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3023. AUTHORITY OF THE FCIC TO REQUIRE EMPLOYER IDENTIFICATION 
NUMBERS FOR CERTAIN TAXPAYERS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  25 CFR 301.6109-3

Legal Deadline: None

Abstract: The regulations would provide that the manager of the Federal 
Crop Insurance Corporation may require each policyholder and each 
reinsured company to furnish to the insurer or the manager the employer 
identification number of the policyholder.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/31/92                    57 FR 39379
NPRM Comment Period End         09/30/92
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-4-92.
Drafting attorney: Beverly Baughman (202) 622-4940.
Reviewing attorney: George Baker (202) 622-4920.
Treasury attorney: Evelyn Elgin (202) 622-1338.

Agency Contact: Beverly Baughman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-4940

RIN: 1545-AQ49
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3024. 6114 REPORTING REQUIREMENTS WAIVED

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6114

CFR Citation:  26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: The regulation will provide that reporting under section 6114 
is required in situations where the residency of an individual is 
determined under a treaty and apart from the Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            04/27/92                    57 FR 15272
NPRM Comment Period End         06/26/92                    57 FR 15272
Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: Undetermined

Additional Information: INTL-121-90.
Drafting attorney: David A. Juster (202) 622-3850.
Reviewing attorney: Barbara Felker (202) 622-3850.
Treasury attorney: P. Ann Fisher (202) 622-1755.
This regulation project has been split with INTL-40-94.

Agency Contact: David A. Juster, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3850

RIN: 1545-AP35
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3025. INTEREST-FREE ADJUSTMENTS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 6205

CFR Citation:  26 CFR 31.6205-1(a)(3); 26 CFR 31.6205-1(b); 26 CFR 
31.6205-1(c); 26 CFR 31.6205-1(d)

Legal Deadline: None

Abstract: Under section 6205(a)(1) of the Code if less than the correct 
amount of tax imposed under the FICA, the RRTA, or the income tax 
withholding provisions is paid with respect to any payment of wages or 
compensation, proper adjustments; with respect to both the tax and 
amount to be deducted, must be made without interest in such manner and 
in such times as the Secretary may by regulations prescribe. The 
proposed amendments would add language to clarify that an interest-free 
adjustment can be made in certain situations in which th error is 
ascertained before the appropriate return is filed. The proposed 
amendments are intended to apply only to situations in which no return 
was filed because the employer improperly failed to treat its workers 
as employees.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/10/92                    57 FR 58423
NPRM Comment Period End         02/08/93                    57 FR 58423
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-12-92.
Drafting Tax Law Specialist: Karin Loverud (202) 622-6060.
Reviewing attorney: Mary Oppenhumier (202) 622-6010.

Agency Contact: Karin Loverud, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-6060

RIN: 1545-AQ61


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23841]]
3026. LIMITED LIABILITY COMPANY TAX MATTERS PARTNER

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 6320(i); 26 USC 6230(k); 26 USC 7805(a)

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: The regulations will provide (1) who an LLC may designate as 
its tax matters partner for a specific taxable year, (2) how the 
designation is made, and (3) how the designation is terminated.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Temporary Regulation            08/00/95

Small Entities Affected: None

Government Levels Affected: Federal

Additional Information: PS-34-92.
Drafting attorney: Lindsay Russell (202) 622-3050.
Reviewing attorney: Dianna K. Miosi (202) 622-3050.
Treasury attorney: Michael Thomson (202) 622-1334.

Agency Contact: Lindsay Russell, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3050

RIN: 1545-AQ47
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3027. RAILROAD UNEMPLOYMENT REPAYMENT TAX

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 6302

CFR Citation:  26 CFR 31

Legal Deadline: None

Abstract: The new regulations will restore the authority of the Service 
to require quarterly payments of the Railroad Unemployment Repayment 
Tax. The authority was inadvertently eliminated under section 7106 of 
TAMRA.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/13/93                    58 FR 28374
NPRM Comment Period End         07/12/93
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-079-89.
Drafting attorney: Jean Casey (202) 622-6040.
Reviewing attorney: Jerry Holmes (202) 622-6040.
Treasury attorney: Kevin Knopf (202) 622-0832.

Agency Contact: Jean Casey, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AN40
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3028. FEDERAL TAX DEPOSITS BY ELECTRONIC FUNDS TRANSFER

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6302(h)

CFR Citation:  26 CFR 1; 26 CFR 31; 26 CFR 40

Legal Deadline:  NPRM, Statutory, July 6, 1994.

Abstract: Proposes to adopt as final regulations temporary regulations 
that describe taxpayers that must make deposits of taxes by means of 
electronic funds transfer, the types of taxes that must be deposited 
and when the deposits must commerce.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/11/94                    59 FR 35418
Hearing                         09/12/94                    59 FR 35418
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-003-94
Drafting Attorney: Vincent G. Surabian (202) 622-4940.
Reviewer: Norlyn Miller (202) 622-4940
Treasury Attorney: Mary Heath (202) 622-0868

Agency Contact: Vincent G. Surabian, Attorney-Adviser (Tax), Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4940

RIN: 1545-AS79
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3029.  DEPOSITS OF EXCISE TAX

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6302

CFR Citation:  26 CFR 40

Legal Deadline: None

Abstract: Temporary safe harbor rules relating to additional deposit of 
excise taxes required by section 6302(e) and (f).

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Temporary Regulations           06/00/95

Small Entities Affected: Businesses, Organizations

Government Levels Affected: None

Additional Information: PS-8-95
Drafting attorney: Ruth E. Hoffman (202) 622-3130.
Reviewing attorney: Jeffrey M. Nelson (202) 622-3130.

Agency Contact: Ruth E. Hoffman, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constituiton Avenue NW., Washington, DC 
20224, 202 622-3130

RIN: 1545-AT26
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3030. IMPOSITION OF ACCURACY-RELATED PENALTY

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Notice of Proposed Rulemaking that provide guidance on the 
imposition of the accuracy-related penalty under sections 6662(e) and 
(h) and section 6664(c) for transactions between persons described in 
section 482 and net section 482 transfer pricing adjustments.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-021-91.
Reviewing Attorney: Margaret O'Connor (202) 622-3880.
Treasury Attorney: Warren Crowdus (202) 622-1779.

Agency Contact: Margaret M. O'Connor, Chief, Branch 6, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue 
[[Page 23842]] NW., Washington, DC 20224, 202 622-3880

RIN: 1545-AS24
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3031. REVISE DISCLOSURE STANDARD FOR ACCURACY-RELATED PENALTY 
REGULATIONS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 6662

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Raise Disclosure Standard From not Frivolous to reasonable 
basis

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            03/17/94                    59 FR 12563
Hearing                         07/12/94                    59 FR 12563
Final Action                    09/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-78-93.
Drafting Attorney: David L. Meyer (202) 622-4940

Agency Contact: David L. Meyer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4940

RIN: 1545-AS58
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3032. POLITICAL ACTIVITY INJUNCTION

Priority:  Other Significant

Legal Authority:  26 USC 7409; 26 USC 6852; 26 USC 4955

CFR Citation:  26 CFR 53; 26 CFR 301

Legal Deadline: None

Abstract: The regulation will provide the procedures necessary to 
provide a two-tiered test on political expenditures of section 
501(c)(3) organizations and/or agreement to the expenditures by 
organization managers, to enjoin and/or make termination assessments in 
the case of a flagrant political expenditure by a section 501(c)(3) 
organization.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/13/94                    59 FR 64359
Final Action                    11/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: EE-48-90.
Drafting attorney: Cynthia Morton (202) 622-6070.
Reviewing attorney: Paul Accettura (202) 622-6070.

Agency Contact: Cynthia Morton, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6070

RIN: 1545-AO77
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3033. ACTUARIAL TABLES EXCEPTIONS

Priority:  Other Significant

Legal Authority:  26 USC 7520

CFR Citation:  26 CFR 1.7520-3; 26 CFR 20.7520-3; 26 CFR 25.7520-3

Legal Deadline: None

Abstract: The regulations will provide for deviation from use of 
actuarial tables that are prescribed in regulations under section 7520 
of the Internal Revenue Code.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/10/94                    59 FR 30180
NPRM Comment Period End         08/09/94                    59 FR 30180
Final Action                    03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: PS-26-93
Drafting attorney: William L. Blodgett (202) 622-3090.
Reviewing attorney: Lee A. Dunn (202) 622-3090.

Agency Contact: William L. Blodgett, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3090

RIN: 1545-AR56
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3034. TAXABLE MORTGAGE POOLS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 7701(i)

CFR Citation:  26 CFR 301

Legal Deadline: None

Abstract: This regulation will provide rules related to taxable 
mortgage pools.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/23/92                    57 FR 61029
NPRM Comment Period End         04/12/93                    57 FR 61029
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: FI-055-91.
Drafting attorney: Andrew P. Golub (202) 622-3960.
Reviewing attorney: Marshall Feiring (202) 622-3960.
Treasury attorney: David Weisbach (202) 622-1129.

Agency Contact: Arnold P. Golub, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3950

RIN: 1545-AP98
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3035. REGULATIONS DEALING WITH CONDUIT ARRANGEMENTS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 7701 (l)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Regulations dealing with conduit financing arrangements.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            10/14/94                    59 FR 52110
NPRM Comment Period End         12/13/94                    59 FR 52110
Hearing                         12/16/94                    59 FR 52110
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: INTL-64-93
Drafting attorney: Elissa Shandalman (202) 622-3870.
Reviewing attorney: Jeffrey L. Dorfman (202) 622-3870.
Treasury attorney: Patricia Brown (202) 622-1781.

Agency Contact: Elissa Shandalman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3870

RIN: 1545-AS40


______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23843]]
3036. CERTAIN ELECTIONS UNDER THE OMNIBUS BUDGET RECONCILIATION ACT 
OF 1993

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1.1202; 26 CFR 1.163; 26 CFR 1.108; 26 CFR 
1.1044; 26 CFR 1.6655

Legal Deadline: None

Abstract: Provides guidance to the public regarding certain elections 
enacted as part of the Omnibus Budget Reconciliation Act of 1993.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/27/93                    58 FR 68336
Final Action                    10/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-62-93
Drafting Attorney: George Bradley (202) 622-8104.
Reviewing Attorney: Charles Whedbee (202) 622-7750.

Agency Contact: George Bradley, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-8104

RIN: 1545-AS14
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3037. INFORMATION REPORTING FOR DISCHARGE OF INDEBTEDNESS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: The proposed regulations provide rules for information 
reporting on discharges of indebtedness for debts discharged after 
December 31, 1993.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/27/93                    58 FR 68337
NPRM Comment Period End         03/30/94                    58 FR 68337
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-63-93
Drafting Attorney: Michael Schmit (202) 622-4960.
Reviewing Attorney: Steve Toomey (202) 622-4960.

Agency Contact: Michael Schmit, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4960

RIN: 1545-AS21
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3038. ARBITRAGE RESTRICTION ON TAX-EXEMPT BONDS

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805; 26 USC 148(f); 26 USC 148(g); 26 USC 
148(i); 26 USC 149(d)(7)

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This project clarifies and revises certain provisions of the 
final arbitrage regulations published in June 1993.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/10/94                    59 FR 24094
Final Action                    12/00/95

Small Entities Affected: None

Government Levels Affected: State, Local

Additional Information: FI-7-94
Drafting Attorney: Loretta J. Finger (202) 622-3980

Agency Contact: Loretta J. Finger, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-3980

RIN: 1545-AS49
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3039. LOBBYING EXPENSES

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Proposes a definition of ``Influencing Legislation'' for 
purposes of denial of deduction for certain lobbying expenditures.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            05/13/94                    59 FR 24992
Hearing                         09/12/94                    59 FR 24992
Final Action                    06/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-23-94
Drafting attorney: James Guiry (202) 622-4920.
Reviewing attorney: George Baker (202) 622-4920.
Treasury attorney: David Weisbach (202) 622-1129.

Agency Contact: James Guiry, Attorney, Department of the Treasury, 
Internal Revenue Service, 202 622-4920

RIN: 1545-AS65
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3040. DEFINITION OF ``CLUB''

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Defines ``Club'' for purposes of the elimination of deduction 
for club membership fees.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            08/12/94                    59 FR 41414
Hearing                         08/12/94                    59 FR 41414
Final Action                    04/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: IA-30-94
Drafting Attorney: Michael L. Gompertz (202) 622-4918.
Reviewer: John Coulter (202) 622-4910.

Agency Contact: Michael L. Gompertz, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave. NW., 
Washington, DC 20224, 202 622-4910

RIN: 1545-AS71
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3041. HEDGING TRANSACTIONS BY MEMBERS OF CONSOLIDATED GROUPS

Priority:  Other Significant

Legal Authority:  26 USC 7805; 26 USC 1502; 26 USC 6001

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: Regulations relate to the character and timing of gain or 
loss hedging transactions entered into by members of a consolidated 
group. [[Page 23844]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/18/94                    59 FR 36394
NPRM Comment Period End         09/26/94                    59 FR 36394
Hearing                         10/18/94                    59 FR 36394
Final Action                    12/00/95

Small Entities Affected: Undetermined

Government Levels Affected: Undetermined

Additional Information: FI-34-94.
Drafting attorney: Jo Lynn Ricks (202) 622-3920.
Reviewing attorney: Mike Novey (202) 622-3267.
Treasury attorneys: David Weisbach (202) 622-1129 Mary Heath (202) 622-
0868.

Agency Contact: Jo Lynn Ricks, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Ave. NW., Washington DC 
20224, 202 622-3920

RIN: 1545-AS75
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3042. NONBANK TRUSTEE NET WORTH REQUIREMENTS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This project will revise regulations that will provide rules 
for insuring adequacy of net worth for nonbank trustees.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/06/94                    59 FR 62644
NPRM Comment Period End         01/05/95                    59 FR 62644
Final Action                    12/00/95

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: EE-38-94
Drafting attorney: Judith E. Alden (202) 622-6030.
Reviewing attorney: Nancy J. Marks (202) 622-6000.
Treasury attorney: Elizabeth Buchbinder (202) 622-1352.

Agency Contact: Judith E. Alden, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111Constiution Ave. NW., Washington, DC 
20224, 202 622-6030

RIN: 1545-AS92
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3043.  REISSUANCE OF QUALIFIED TENDER BONDS

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1.150

Legal Deadline: None

Abstract: The proposed regulation provides rules for determining 
whether certain events will cause ``qualified tender bonds'' to be 
treated as retired and reissued for purposes of applying sections 103, 
141-150, 1394, and 7871 and whether banks have acquired tax-exempt 
bonds under section 265.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Temporary Regulation            12/00/95

Small Entities Affected: None

Government Levels Affected: State, Local, Tribal

Additional Information: FI-58-94.
Drafting attorney: Nancy Lashnits (202) 622-3980.
Reviewing attorney: Lon Smith (202) 622-3980.

Agency Contact: Nancy M. Lashnits, Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-3980

RIN: 1545-AT10
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________

3044.  ACCURACY-RELATED PENALTY; REASONABLE CAUSE AND GOOD 
FAITH EXCEPTION (GATT)

Priority:  Other Significant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance to taxpayer with 
respect to the penalty for substantial understatement.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            01/04/95                      60 FR 406
Hearing                         01/04/95                      60 FR 406
Final Action                    07/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-55-94.
Drafting Attorney: David Meyer (202) 622-4940.
Reviewing Attorney: Norlyn Miller (202) 622-4940.

Agency Contact: David Meyer, Attorney-Advisor (Tax), Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4940

RIN: 1545-AT13
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Internal Revenue Service (IRS)
______________________________________________________________________


3045.  MODIFICATIONS OF BAD DEBT

Priority:  Substantive, Nonsignificant

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation project will provide guidance to taxpayers 
that modify the terms of a debt instrument after deducting an amount 
for partial worthlessness.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Temporary Regulation            06/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FI-59-94.
Drafting attorney: Craig Wojay (202) 622-3018.
Reviewing attorney: Bernita Thigpen (202) 622-3491.

Agency Contact: Craig Wojay, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-3018

RIN: 1545-AT14


[[Page 23845]] 
______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3046. STATEMENT OF PROCEDURAL RULES--UPDATE 2

CFR Citation:  26 CFR 601.101; 26 CFR 601.102; 26 CFR 601.103; 26 CFR 
601.104; 26 CFR 601.105; 26 CFR 601.107; 26 CFR 601.108; 26 CFR 601.109

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Moran, 202 622-4940

RIN: 1545-AR44
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3047. MORTGAGE CREDIT CERTIFICATES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harold N. Diamond, 202 622-3980

RIN: 1545-AH06
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3048. INCOME TAX--INFORMATION REPORTING FOR MORTGAGE CREDIT 
CERTIFICATES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harold N. Diamond, 202 622-3980

RIN: 1545-AI39
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3049. REISSUANCE OF MORTGAGE CREDIT CERTIFICATES (CROSS-REFERENCE 
TO TEMPORARY REGULATIONS)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: L. Michael Wachtel, 202 622-3980

RIN: 1545-AR76
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3050. MORTGAGE CREDIT CERTIFICATES IN TARGETED AREAS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      02/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harold Diamond, 202 622-3980

RIN: 1545-AN93
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3051. MORTGAGE CREDIT CERTIFICATES AND TARGETED AREAS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harold Diamond, 202 622-3980

RIN: 1545-AO05
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3052. LOW-INCOME HOUSING CREDIT ALLOCATION RULES AND INFORMATION 
REPORTING REQUIREMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeffrey A. Erickson, 202 622-3040

RIN: 1545-AJ65
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3053. LOW-INCOME HOUSING CREDIT RECAPTURE RULE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Christopher J. Wilson, 202 622-3040

RIN: 1545-AL12
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3054. A DETAILING OF THE MINIMUM LIVING AREA WHICH MUST CONSTITUTE 
A BEDROOM FOR PURPOSES OF DETERMINING THE GROSS RENT LIMITATION 
APPLICABLE TO RENT-RESTRICTED UNITS

CFR Citation:  26 CFR 42

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeffrey A. Erickson, 202 622-3040

RIN: 1545-AO52
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3055. 10-YEAR WAIVER REGULATIONS UNDER SECTION 42 IRC

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeffrey A. Erickson, 202 622-3040

RIN: 1545-AO94
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3056. SPECIAL RULES TO AVOID SUBSTANTIAL DISTORTION FOR RECOVERY OF 
BASIS ON A CONTINGENT SALE

CFR Citation:  26 CFR 15a

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: George Kelley, 202 622-4910

RIN: 1545-AP41


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23846]]
3057. STATE HOUSING CREDIT CEILING AND OTHER RULES RELATING TO THE 
LOW-INCOME HOUSING CREDIT

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8563          10/03/94                    59 FR 50161

Small Entities Affected: None

Government Levels Affected: State, Local

Agency Contact: Christopher J. Wilson, 202 622-3040

RIN: 1545-AQ41
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3058. RULES TO CARRY OUT THE PURPOSES OF SECTION 42 AND FOR 
CORRECTING ADMINISTRATIVE ERRORS AND OMISSIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8521            02/24/94                     59 FR 8860

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jack Malgeri, 202 622-3040

RIN: 1545-AR46
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3059. DISABLED ACCESS CREDIT

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark Pitzer, 202 622-3110

RIN: 1545-AQ20
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3060. RENEWABLE ELECTRICITY PRODUCTION CREDIT, SECTION 45

CFR Citation:  26 CFR 1.45

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeffrey A. Erickson, 202 622-3040

RIN: 1545-AS01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3061. CREDIT FOR EMPLOYER SOCIAL SECURITY TAX PAID ON EMPLOYEE TIPS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Karin Loverud, 202 622-6060

RIN: 1545-AS16
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3062. INCOME TAX--SPECIAL RULES ADDED BY SEC 223(C) OF CRUDE OIL 
WINDFALL PROFIT TAX ACT 1980, RELATING TO REDUCTION OF CREDIT WHERE 
PROPERTY IS FINANCED BY SUBSIDIZED, ETC

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Winston H. Douglas, 202 622-3110

RIN: 1545-AA26
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3063. MINIMUM TAX CREDIT AND OTHER MISCELLANEOUS RULES RELATING TO 
THE ALTERNATIVE MINIMUM TAX

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Stephen J. Toomey, 202 622-4960

RIN: 1545-AJ86
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3064. ALTERNATIVE MINIMUM TAX FOR INDIVIDUALS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8569          11/25/94                    59 FR 60556

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kelly Berg, 202 622-4960

RIN: 1545-AS44
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3065. ALTERNATIVE MINIMUM TAX FOR INDIVIDUALS (TEMP.)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kelly Berg, 202 622-4960

RIN: 1545-AS45
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3066. INCOME TAX--INVENTORY ADJUSTMENT FOR THE ALTERNATIVE MINIMUM 
TAX

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Edward C. Schwartz, 202 622-4960

RIN: 1545-AL02
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3067. INCOME TAX--INVENTORY ADJUSTMENT FOR THE ALTERNATIVE MINIMUM 
TAX

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Edward C. Schwartz, 202 622-4960

RIN: 1545-AL03
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3068. APPLICATION OF SECTION 58(H) OF THE 1954 CODE TO SITUATIONS 
INVOLVING NOL CARRYBACKS

CFR Citation:  26 CFR 1; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95                [[Page 23847]] 

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kelly Richardson Berg, 202 622-4960

RIN: 1545-AO36
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3069. ALTERNATIVE MINIMUM TAX FOREIGN TAX CREDIT

CFR Citation:  Not yet determined

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Edward C. Schwartz, 202 622-4960

RIN: 1545-AQ33
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3070. AMENDMENT TO THE REGULATIONS UNDER SECTION 61 TO CONFORM THE 
TREATMENT OF BOND PREMIUM INCOME TO THE CONSTANT YIELD METHOD

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William Cejudo, 202 622-3920

RIN: 1545-AL92
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3071. TO CLARIFY THAT THE SERVICE HAS AUTHORITY TO AMEND THE 
STANDARD INDUSTRY FARE LEVEL (SIFL) AIRCRAFT VALUATION FORMULA

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert Wheeler, 202 622-6060

RIN: 1545-AQ16
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3072. TAXATION OF FRINGE BENEFITS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Dean Morely, 202 622-6040

RIN: 1545-AQ28
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3073. 2-PERCENT FLOOR ON MISCELLANEOUS ITEMIZED DEDUCTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Beverly A. Baughman, 202 622-4940

RIN: 1545-AJ49
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3074. NOTICE OF ALLOCATION OF ALLOCABLE INVESTMENT EXPENSE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kenneth P. Christman, 202 622-3950

RIN: 1545-AQ82
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3075. TREATMENT OF TRANSFER OF PROPERTY BETWEEN SPOUSES, TAX 
TREATMENT OF ALIMONY AND SEPARATE MAINTENANCE PAYMENTS, AND DEPENDENCY 
EXEMPTION IN THE CASE OF CHILD OF DIVORCED PARENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Edward C. Schwartz, 202 622-4960

RIN: 1545-AI49
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3076. REMOVING GENDER DISTINCTION FROM MORTALITY TABLES

CFR Citation: 

26 CFR 1Completed:

_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Betty Clary, 202 622-6070

RIN: 1545-AK50


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3077. NONDISCRIMINATION RULES FOR NON-PENSION EMPLOYEE BENEFIT 
PLANS

CFR Citation: 

26 CFR 1Completed:

_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Munroe/Felix Zech, 202 622-6080

RIN: 1545-AI78


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3078. INCOME TAX--EXEMPTION FOR INDUSTRIAL DEVELOPMENT BONDS FOR 
WATER FACILITIES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: L. Michael Wachtel, 202 622-3980

RIN: 1545-AA49
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3079. INCOME TAX--TO DEFINE THE TERM ``PRINCIPAL USER OF A 
FACILITY''

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None [[Page 23848]] 

Agency Contact: David E. White, 202 622-3980

RIN: 1545-AA56
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3080. INCOME TAX--MORTGAGE SUBSIDY BONDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Suzanne Reynolds, 202 622-3980

RIN: 1545-AA63
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3081. REQUIRING CERTAIN DEBT OBLIGATIONS TO BE ISSUED IN REGISTERED 
FORM

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Dianne O. Umberger, 202 622-3960

RIN: 1545-AE18
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3082. SECTIONS 103(K) AND (L)--RELATING TO PUBLIC APPROVAL AND 
INFORMATION REPORTING REQUIREMENTS FOR PRIVATE ACTIVITY BONDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Suzanne Reynolds, 202 622-3980

RIN: 1545-AE24
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3083. $40 MILLION SMALL ISSUE LIMIT ON TAX-EXEMPT BONDS PER 
TAXPAYER

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David E. White, 202 622-3980

RIN: 1545-AH19
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3084. DEFINITION OF ``REISSUANCE'' UNDER SECTION 103

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      04/07/93

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David White, 202 622-3980

RIN: 1545-AI65
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3085. TAX EXEMPTION OF OBLIGATIONS TO FINANCE MIXED-USE RESIDENTIAL 
RENTAL PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: L. Michael Wachtel, 202 622-3980

RIN: 1545-AH68
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3086. INCOME TAX--DISCHARGE OF INDEBTEDNESS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sharon Hall, 202 622-4930

RIN: 1545-AA67
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3087. CONSOLIDATED ATTRIBUTE REDUCTION UNDER SECTION 108(B)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William Alexander, 202 622-7780

RIN: 1545-AP95
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3088. PURCHASE MONEY DEBT REDUCTION TREATED AS PRICE REDUCTION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sharon L. Hall, 202 622-4930

RIN: 1545-AQ00
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3089. DEBT DISCHARGE INCOME, JOINT AND SEVERAL DEBTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James Atkinson, 202 622-4950

RIN: 1545-AR86
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3090. CONSOLIDATED ATTRIBUTE REDUCTION UNDER SECTION 108(B)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Chris Kane, 202 622-4930

RIN: 1545-AQ84
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3091. EXCLUSION OF QUALIFIED SCHOLARSHIPS AND FELLOWSHIPS FROM 
GROSS INCOME

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95                [[Page 23849]] 

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kelly Richardson Berg, 202 622-4960

RIN: 1545-AJ87
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3092. QUALIFIED TUITION REDUCTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Michael Schmit, 202 622-4960

RIN: 1545-AI13
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3093. INCOME TAX--TAX TREATMENT OF CAFETERIA PLANS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Felix Zech, 202 622-6080

RIN: 1545-AD63
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3094. INCOME TAX--EXCLUSION FROM INCOME OF CERTAIN COST-SHARING 
PAYMENTS UNDER GOVERNMENT PROGRAMS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: A. Michael Santoro, Jr., 202 622-3120

RIN: 1545-AA73
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3095. DEPENDENT CARE ASSISTANCE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Monice Rosenbaum, 202 622-6070

RIN: 1545-AN17
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3096. INCOME TAX--PART I EXCLUSION FROM GROSS INCOME FOR CERTAIN 
FOSTER CARE PAYMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Victoria J. Driscoll, 202 622-4910

RIN: 1545-AF52
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3097. EXEMPT SEWAGE FACILITIES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8576          12/23/94                    59 FR 66163

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Joanne E. Johnson, 202 622-3110

RIN: 1545-AR64
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3098. QUALIFIED 501(C)(3) BONDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David E. White, 202 622-3980

RIN: 1545-AJ39
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3099. STATE VOLUME CAP FOR TAX-EXEMPT BONDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: L. Michael Wachtel, 202 622-3980

RIN: 1545-AJ37
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3100. SUBSEQUENT INTENTIONAL ACTS TO EARN ARBITRAGE AND THE 
REASONABLE EXPECTATIONS TEST FOR ARBITRAGE BONDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David White, 202 622-3980

RIN: 1545-AN69
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3101. INCOME TAX--LIMITATIONS ON DEDUCTIONS FOR NONBUSINESS 
INTEREST

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sharon L. Hall, 202 622-4930

RIN: 1545-AK17
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3102. INCOME TAX--TAX STRADDLES RELATING TO SECTION 108 OF THE TAX 
REFORM ACT OF 1984

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert B. Williams, 202 622-3960

RIN: 1545-AG57
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3103. SECTION 165

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95                [[Page 23850]] 

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Carl M. Cooper, 202 622-3840

RIN: 1545-AP33
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3104. BANK BAD DEBTS--CONCLUSIVE PRESUMPTION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8492            10/18/93                    58 FR 53656

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Craig Wojay, 202 622-3018

RIN: 1545-AR02
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3105. INCOME TAX--ACCELERATED COST RECOVERY SYSTEM

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark Pitzer, 202 622-3110

RIN: 1545-AA87
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3106. TAX-EXEMPT ENTITY LEASING

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Edward C. Schwartz, 202 622-4960

RIN: 1545-AH76
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3107. GENERAL ASSET ACCOUNTS UNDER THE ACCELERATED COST RECOVERY 
SYSTEM

CFR Citation:  26 CFR 1; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8566          10/11/94                    59 FR 51369
Final Action Effective          10/11/94                    59 FR 51369

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kathleen Reed, 202 622-3110

RIN: 1545-AN82
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3108. DEFINITION OF RESEARCH AND EXPERIMENTAL EXPENDITURES UNDER 
SECTION 174 OF THE CODE

CFR Citation:  26 CFR 1.174-2; 26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8562          10/03/94                    59 FR 50159
Final Action Effective          10/03/94                    59 FR 50161

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Lisa Shuman, 202 622-3120

RIN: 1545-AM92
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3109. INCOME TAX--TO ADD PROVISIONS RELATING TO START-UP 
EXPENDITURES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Selig, 202 622-3040

RIN: 1545-AB02
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3110. AMORTIZATION--GOODWILL INTANGIBLES 197

CFR Citation:  26 CFR 0197

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Huffman, 202 622-3110

RIN: 1545-AS11
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3111. AMORTIZATION--GOODWILL INTANGIBLES 197

CFR Citation:  26 CFR 1.0197

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Huffman, 202 622-3110

RIN: 1545-AS12
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3112. DISTRIBUTIONS BY COOPERATIVE HOUSING ASSOCIATION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lisa Shuman, 202 622-3120

RIN: 1545-AO91
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3113. DIVIDENDS-RECEIVED DEDUCTION--HOLDING PERIOD REDUCED FOR 
PERIODS WHERE RISK OF LOSS IS DIMINISHED

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Nicholas G. Bogas, 202 622-3920

RIN: 1545-AR10
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3114. PRODUCED PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action Closed Without 
Regulations.                    08/09/93

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ellen McElroy, 202 622-4950

RIN: 1545-AQ89


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23851]]
3115. CAPITALIZATON AND INCLUSION IN INVENTORY OF CERTAIN COSTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8482            08/09/93                    58 FR 42198
Final Action Effective          01/01/94                    58 FR 42198

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ellen McElroy, 202 622-4950

RIN: 1545-AQ90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3116. CAPITALIZATION OF INTEREST EXPENSE RELATING TO PRODUCTION OF 
PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8584            12/29/94                    59 FR 67187

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mary Goode, 202 622-4960

RIN: 1545-AK03
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3117. CAPITALIZATION OF INTEREST EXPENSE BY RELATED PARTIES IN THE 
CASE OF THE PRODUCTION OF CERTAIN PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mary Goode, 202 622-4960

RIN: 1545-AQ85
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3118. PROPOSED REGULATIONS UNDER SECTION 265(B)(3)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      02/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sharon Galm, 202 622-3920

RIN: 1545-AR98
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3119. LOSSES, EXPENSES, AND INTEREST IN TRANSACTIONS BETWEEN 
RELATED TAXPAYERS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Keith E. Stanley, 202 622-7530

RIN: 1545-AN19
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3120. INCOME TAX--PERSONAL SERVICE CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Brendan O'Hara, 202 622-7530

RIN: 1545-AF11
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3121. RULES FOR TREATMENT OF FOREIGN CORPORATION WHOSE STOCK IS 
STAPLED TO THE STOCK OF A DOMESTIC CORPORATION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Patricia A. Bray, 202 622-3840

RIN: 1545-AN20
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3122. INCOME TAX--SUBSTANTIATION REQUIREMENTS WITH RESPECT TO 
LISTED PROPERTY AND SUBSTANTIATION REQUIREMENTS RELATING TO THE TAXATION 
OF FRINGE BENEFITS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Joel Rutstein, 202 622-4930

RIN: 1545-AJ40
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3123. HOME TAX--DEDUCTIONS FOR EXPENSES ATTRIBUTABLE TO BUSINESS 
USE OF HOMES, RENTAL OF VACATION HOMES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Cynthia Davis, 202 622-4920

RIN: 1545-AB09
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3124. WITHDRAWAL OF PROPOSED REGULATIONS RELATING TO HOME OFFICE 
DEDUCTION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Marilyn Brookens, 202 622-4920

RIN: 1545-AR80
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3125. LIMITATION OF DEDUCTIONS ON PASSENGER AUTOMOBILES AND OTHER 
LISTED PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Bernard P. Harvey, 202 622-3110

RIN: 1545-AN05


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23852]]
3126. THE SUBSTANTIATION OF DEDUCTIONS CLAIMED FOR THE USE OF 
CELLULAR TELEPHONES AND COMPUTERS IN A TAXPAYER'S TRADE OR BUSINESS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Bernard P. Harvey, 202 622-3110

RIN: 1545-AP45
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3127. THE SUBSTANTIATION OF DEDUCTIONS CLAIMED FOR THE USE OF 
CELLULAR TELEPHONES AND COMPUTERS IN A TAXPAYER'S TRADE OR BUSINESS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Bernard P. Harvey, 202 622-3110

RIN: 1545-AP46
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3128. SECTION 304 REGULATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Brendan O'Hara, 202 622-7530

RIN: 1545-AR40
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3129. RECOGNITION OF GAIN OR LOSS ON LIQUIDATING SALES AND 
DISTRIBUTIONS OF PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Richard Passales, 202 622-7530

RIN: 1545-AJ01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3130. APPLICATION OF GENERAL UTILITIES REPEAL REGULATORY AUTHORITY 
TO RICS AND REITS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Richard K. Passales, 202 622-7530

RIN: 1545-AL65
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3131. INCOME TAX--ELECTIONS UNDER SECTION 338, AS ADDED BY SECTION 
224 OF THE TAX EQUITY AND FISCAL RESPONSIBILITY ACT OF 1982, AS AMENDED 
BY THE TECHNICAL CORRECTIONS ACT OF 1982

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Keith Medleau, 202 622-7550

RIN: 1545-AF38
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3132. SECTION 338(H)(10) AS ADDED TO THE CODE BY SECTION 306 OF THE 
TECHNICAL CORRECTIONS ACT OF 1982, RELATING TO SPECIAL ELECTIVE 
RECOGNITION OF GAIN OR LOSS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Keith Medleau, 202 622-7550

RIN: 1545-AF93
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3133. QUESTIONS AND ANSWERS RELATING TO MISCELLANEOUS MATTERS UNDER 
SECTION 338

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Keith Medleau, 202 622-7550

RIN: 1545-AH88
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3134. STATEMENTS OF ELECTION AND DUE DATES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Keith Medleau, 202 622-7550

RIN: 1545-AI53
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3135. FRINGE BENEFIT SOURCING UNDER SECTION 861

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert W. Lorence, 202 622-3880

RIN: 1545-AO72
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3136. SECTION 361 OUTBOUND TRANSFERS OF PROPERTY TO FOREIGN 
CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Philip Tretiak, 202 622-3860

RIN: 1545-AM97


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23853]]
3137. INCOME TAX--OWNERSHIP CHANGE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Keith Stanley, 202 622-7530

RIN: 1545-AJ00
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3138. SECTION 382--LIMITATION ON GROUPS FILING CONSOLIDATED RETURNS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David P. Madden, 202 622-7540

RIN: 1545-AL36
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3139. REORGANIZATIONS IN BANKRUPTCY; STOCK-FOR-DEBT EXCHANGES; USE 
OF PARENT CORPORATION STOCK; TRIANGULAR ``G'' REORGANIZATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      02/08/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Victor Penico, 202 622-7750

RIN: 1545-AO30
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3140. SHORT TAXABLE YEARS AND CONTROL GROUPS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Madden, 202 622-7540

RIN: 1545-AP14
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3141. SUSPENSION OF PARTNERSHIP INCOME AND EXPENSES ARISING FROM 
UNPAID GUARANTEED PAYMENTS ACCRUED BY CERTAIN PARTNERS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David McDonnell, 202 622-3050

RIN: 1545-AP43
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3142. INCOME TAX--REFUND OF MISTAKEN CONTRIBUTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John T. Ricotta, 202 622-6080

RIN: 1545-AD68
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3143. INCOME TAX--REQUIRED DISTRIBUTIONS FROM QUALIFIED PLANS AND 
INDIVIDUAL RETIREMENT ACCOUNTS AND PARTIAL ROLLOVERS OF INDIVIDUAL 
RETIREMENT ACCOUNTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Marjorie Hoffman, 202 622-6030

RIN: 1545-AE95
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3144. PERMISSIBILITY OF SECTION 401(H) ACCOUNT IN COMBINATION WITH 
AN ESOP

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Ricotta, 202 622-6080

RIN: 1545-AP88
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3145. COORDINATION OF NONDISCRIMINATION

CFR Citation:  26 CFR 1; 26 CFR 54

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8581          12/23/94                    59 FR 66165

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Catherine Livingston Fernandez, 202 622-6030

RIN: 1545-AQ87
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3146. NONDISCRIMINATION REQUIREMENTS FOR QUALIFIED PLANS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David D. Munroe, 202 622-6080

RIN: 1545-AQ76
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3147. CASH OR DEFERRED ARRANGEMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8581          12/23/94                    59 FR 66165

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Cheryl Press, 202 622-6030

RIN: 1545-AQ77
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3148. TWENTY PERCENT WITHHOLDING ON ELIGIBLE ROLLOVER DISTRIBUTION

CFR Citation:  26 CFR 1; 26 CFR 31

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95                [[Page 23854]] 

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Marjorie Hoffman, 202 622-6030

RIN: 1545-AR35
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3149. TREATMENT OF DIVIDENDS DEDUCTIBLE UNDER SECTION 404(K) FOR 
PURPOSES OF CASH OR DEFERRED ARRANGEMENTS DESCRIBED IN SECTION 401(K)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Ricotta, 202 622-6080

RIN: 1545-AQ96
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3150. INCOME TAX--PART 1; ESTATE TAX--PART 20, EMPLOYEE STOCK 
OWNERSHIP PLAN RULES AFFECTED BY TRA 1986

CFR Citation:  26 CFR 1; 26 CFR 20

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Ricotta, 202 622-6080

RIN: 1545-AI87
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3151. SPECIAL RULES IN MERGER AND ACQUISITION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Richard M. Lent, 202 622-6030

RIN: 1545-AM94
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3152. INCOME TAX--PART 1--BENEFIT ACCRUAL BEYOND NORMAL RETIREMENT 
AGE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Linda Marshall, 202 622-6030

RIN: 1545-AI85
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3153. INCOME TAX--PART 1--MINIMUM VESTING STANDARDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: T. Wolf, 202 622-6070

RIN: 1545-AI88
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3154. INCOME TAX--EMPLOYEES OF AN AFFILIATED SERVICE GROUP

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robin Ehrenberg, 202 622-6080

RIN: 1545-AD90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3155. INCOME TAX--PART 1--AMENDMENT OF SECTION 1.442-1 TO PROVIDE 
SIMPLIFIED PROCEDURES FOR CHANGES OF ANNUAL ACCOUNTING PERIOD BY CERTAIN 
EXEMPT ORGANIZATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Linda Conway, 202 622-6080

RIN: 1545-AI68
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3156. TAXATION OF TAX-EXEMPT ORGANIZATIONS' INCOME FROM CORPORATE 
SPONSORSHIP

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Regina L. Oldak, 202 622-6080

RIN: 1545-AR19
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3157. NOTIONAL PRINCIPAL CONTRACTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Alan Munro, 202 622-3950

RIN: 1545-AR22
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3158. ADJUSTMENTS REQUIRED BY CHANGES IN METHODS OF ACCOUNTING

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Rosemary DeLeone, 202 622-4930

RIN: 1545-AS93
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3159. LIMITATION OF THE USE OF THE CASH METHOD OF ACCOUNTING

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Michael Gompertz, 202 622-4910

RIN: 1545-AJ52


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23855]]
3160. NONACCRUAL-EXPERIENCE METHOD OF ACCOUNTING--CLARIFICATION OF 
AMOUNTS DETERMINED TO BE UNCOLLECTIBLE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mike Montemurro, 202 622-4910

RIN: 1545-AM33
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3161. CHANGES TO METHOD OF ACCOUNTING FOR CERTAIN TAXPAYERS USING 
ACCRUAL METHOD OF ACCOUNTING FOR REDEMPTION OF TRADING STAMPS AND COUPONS 
PURSUANT TO SECTION 461(H) OF THE CODE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Rochelle Hodes, 202 622-4910

RIN: 1545-AP04
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3162. INCOME TAX--GENERAL RULES FOR INSTALLMENT SALES

CFR Citation:  26 CFR 1; 26 CFR 15A.453-1(c); 26 CFR 15A.453-1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: George Wright, 202 622-4950

RIN: 1545-AB42
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3163. INCOME TAX--INSTALLMENT OBLIGATIONS RECEIVED IN TRANSACTIONS 
IN WHICH GAIN OR LOSS IS GENERALLY NOT RECOGNIZED

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Friedel, 202 622-7550

RIN: 1545-AB44
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3164. CONTINGENT LIABILITY WITHIN THE APPLICATION OF SECTION 453A

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mike Montemurro, 202 622-4910

RIN: 1545-AN13
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3165. INCOME TAX--DEFERRED COMPENSATION PLANS OF STATE AND LOCAL 
GOVERNMENTS AND TAX-EXEMPT ORGANIZATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8581          12/23/94                    59 FR 66165

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Cheryl Press, 202 622-6030

RIN: 1545-AI89
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3166. SUBCONTRACTS BETWEEN RELATED PARTIES THAT BENEFIT A LONG-TERM 
CONTRACT

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Leo F. Nolan II, 202 622-4970

RIN: 1545-AQ31
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3167. LOOK-BACK METHOD FOR LONG-TERM CONTRACTS (MID-CONTRACT CHANGE 
IN TAXPAYER)

CFR Citation:  26 CFR 1.460-6

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Cheryl Oseekey, 202 622-4970

RIN: 1545-AQ32
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3168. INCOME TAX--DETERMINATION OF AMOUNTS AT RISK WITH RESPECT TO 
CERTAIN ACTIVITIES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donna Welch, 202 622-3080

RIN: 1545-AB52
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3169. AGGREGATION OF CERTAIN ACTIVITIES FOR PURPOSES OF THE AT-RISK 
RULES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donna Welch, 202 622-3080

RIN: 1545-AI02
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3170. APPLICATION OF AT-RISK LIMITATIONS TO THE HOLDING OF REAL 
PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donna Welch, 202 622-3080

RIN: 1545-AK08


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23856]]
3171. GUIDANCE ON WHAT CONSTITUTES AN INTEREST OTHER THAN THAT OF A 
CREDITOR

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeffrey Erickson, 202 622-3080

RIN: 1545-AO32
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3172. TEMPORARY INCOME TAX REGULATIONS--DEFERRED PAYMENTS FOR USE 
OF PROPERTY OR SERVICES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sharon L. Hall, 202 622-4930

RIN: 1545-AG81
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3173. DISPOSITION OF AN INTEREST IN A NUCLEAR POWER PLANT

CFR Citation:  26 CFR 1; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8580          12/27/94                    59 FR 66471
Final Action Effective          12/27/94                    59 FR 66471

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Peter C. Friedman, 202 622-3110

RIN: 1545-AN06
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3174. LIMITATIONS ON PASSIVE ACTIVITY LOSSES AND CREDITS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William Kostak, 202 622-3080

RIN: 1545-AB26
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3175. ALLOCATION OF INTEREST EXPENSE AMONG EXPENDITURES

CFR Citation:  26 CFR 1.163-8

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: George F. Wright, 202 622-4950

RIN: 1545-AO93
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3176. LIMITATIONS ON PASSIVE ACTIVITY LOSSES AND CREDITS--
DEFINITION OF ACTIVITY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8565            10/04/94                    59 FR 50485

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William Kostak, 202 622-3080

RIN: 1545-AM88
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3177. SPECIAL RULES FOR ALLOCATION OF INTEREST EXPENSE AMONG 
EXPENDITURES IN THE CASE OF PASSTHROUGH ENTITIES

CFR Citation:  26 CFR 1.163-8T

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William Kostak, 202 622-3080

RIN: 1545-AM79
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3178. INCOME TAX--THREE-YEAR AVERAGING FOR INCREASES IN INVENTORY 
VALUE WHEN ELECTING LIFO METHOD OF ACCOUNTING

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harry-Todd Astrov, 202 622-4970

RIN: 1545-AB55
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3179. SIMPLIFIED DOLLAR-VALUE LIFO METHOD FOR CERTAIN SMALL 
BUSINESSES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harry-Todd Astrov, 202 622-4970

RIN: 1545-AK64
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3180. SIMPLIFIED DOLLAR VALUE LIFO METHOD FOR CERTAIN SMALL 
BUSINESSES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Harry-Todd Astrov, 202 622-4970

RIN: 1545-AN09
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3181. REGULATIONS UNDER SECTION 475

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jo Lynn Ricks, 202 622-3920

RIN: 1545-AS30
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3182. MARK-TO-MARKET UPON DISPOSITION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert Williams, 202 622-3960

RIN: 1545-AS85


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23857]]
3183. MARK-TO-MARKET UPON DISPOSITION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      02/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert Williams, 202 622-3960

RIN: 1545-AS86
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3184. TAXATION OF GLOBAL TRADING

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ahmad A. Pirasteh, 202 622-3870

RIN: 1545-AP01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3185. INTERCOMPANY TRANSFER PRICING FOR SERVICES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8561            08/22/94                    59 FR 43039

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Sim S. Seo, 202 622-3870

RIN: 1545-AR32
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3186. VEBA QUALIFICATION--GEOGRAPHIC LOCALE RESTRICTION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Michael J. Roach, 202 622-6060

RIN: 1545-AQ66
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3187. INCOME TAX--UNRELATED TRADE OR BUSINESS INCOME

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Monice Rosenbaum, 202 622-6070

RIN: 1545-AE00
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3188. INCOME TAX--LIMITATION ON ADDITIONS TO BANK LOSS RESERVES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Eric E. Boody, 202 622-3960

RIN: 1545-AB66
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3189. BAD DEBT RESERVE RECAPTURE FOR THRIFT INSTITUTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jo Lynn Ricks, 202 622-3920

RIN: 1545-AO69
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3190. TAX CONSEQUENCES OF FEDERAL FINANCIAL ASSISTANCE PROVIDED IN 
CONNECTION WITH TAXABLE ASSET ACQUISITIONS OF TROUBLED FINANCIAL 
INSTITUTIONS

CFR Citation:  26 CFR 1; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/14/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Bernita Thigpen, 202 622-3920

RIN: 1545-AN71
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3191. STATEMENT OF PROCEDURAL RULES--APPEALS FUNCTION

CFR Citation:  26 CFR 601

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John M. Moran, 202 622-4940

RIN: 1545-AQ18
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3192. PROPERTY DISTRIBUTED IN KIND AND TREATMENT OF MULTIPLE TRUSTS 
(SECS. 81 AND 82 OF THE TAX REFORM ACT OF 1984)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert Rio, 202 622-3060

RIN: 1545-AI06
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3193. CLARIFICATION OF SECTION 1.643(A)(3) RELATING TO THE 
INCLUSION OF CAPITAL GAIN IN DISTRIBUTABLE NET INCOME

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert Rio, 202 622-3060

RIN: 1545-AI31
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3194. ACCUMULATION TRUSTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James A. Quinn, 202 622-3060

RIN: 1545-AM78


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23858]]
3195. INCOME TAXATION OF TRUST AND ESTATE--SECTION 672(F)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James A. Quinn, 202 622-3060

RIN: 1545-AR65
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3196. FOREIGN GRANTOR TRUSTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Joseph Henderson, 202 622-3850

RIN: 1545-AO75
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3197. ALLOCATIONS REFLECTING GAIN OR LOSS ON PROPERTY CONTRIBUTED 
TO A PARTNERSHIP

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Deborah Harrington, 202 622-3050

RIN: 1545-AS00
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3198. INCOME TAX--ITEMS ALLOCATED TO PORTION OF YEAR PARTNER HELD 
INTEREST

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ann Veninga, 202 622-3080

RIN: 1545-AB81
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3199. TAXABLE YEARS OF CERTAIN PARTNERSHIPS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Beverly A. Baughman, 202 622-4940

RIN: 1545-AJ47
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3200. INCOME TAX--TREATMENT OF PAYMENTS TO PARTNERS NOT ACTING IN 
THEIR CAPACITY AS PARTNERS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Brad Saunders, 202 622-3050

RIN: 1545-AG83
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3201. PARTNERSHIP TERMINATION DISTRIBUTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Steve Coleman, 202 622-3060

RIN: 1545-AO20
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3202. ELECTION OUT OF SUBCHAPTER K FOR PRODUCERS OF NATURAL GAS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8578          12/23/94                    59 FR 66181

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: H. Grace Kim, 202 622-3060

RIN: 1545-AP23
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3203. MANDATORY SECURITIES VALUATION RESERVE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8564          09/29/94                     59 FR 4977

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Katherine Hossofsky, 202 622-3477

RIN: 1545-AR59
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3204. FOREIGN INSURANCE COMPANIES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ramon Camacho, 202 622-3870

RIN: 1545-AL82
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3205. SHORT/FISCAL YEAR DISCOUNT FACTORS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Katherine A. Hossofsky, 202 622-3477

RIN: 1545-AR58
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3206. SPECIAL ESTIMATED TAX PAYMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Barry S. Landau, 202 622-3112

RIN: 1545-AN33


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23859]]
3207. EXTENSION OF TIME FOR REAL ESTATE MORTGAGE INVESTMENT 
CONDUITS TO PROVIDE REPORTING INFORMATION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kenneth P. Christman, 202 622-3950

RIN: 1545-AP73
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3208. CHARITABLE CONTRIBUTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Carl M. Cooper, 202 622-3840

RIN: 1545-AP30
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3209. RECOMPUTATION OF ALLOCATION AND APPORTIONMENT OF DEDUCTION 
FOR STATE INCOME TAXES

CFR Citation:  26 CFR 1.861-8

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David F. Chan, 202 622-3820

RIN: 1545-AP86
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3210. TRANSPORTATION INCOME SOURCE RULES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Patricia A. Bray, 202 622-3840

RIN: 1545-AJ68
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3211. SOURCING RULE APPLICABLE TO CERTAIN INSURANCE INCOME

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ramon Camacho, 202 622-3870

RIN: 1545-AQ37
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3212. TIERED PARTNERSHIP RULES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ramon Camacho, 202 622-3870

RIN: 1545-AO26
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3213. TREATMENT OF DEFERRED PAYMENTS AND APPRECIATION ARISING OUT 
OF BUSINESS CONDUCTED WITHIN THE UNITED STATES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kristine K. Schlaman, 202 622-3840

RIN: 1545-AM53
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3214. INCOME TAX--RECIPROCAL EXEMPTIONS FOR CERTAIN TRANSPORTATION 
INCOME

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Patricia A. Bray, 202 622-3840

RIN: 1545-AJ57
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3215. TEFRA PORTFOLIO INTEREST REGULATION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Leslie B. van der Wal, 202 622-3850

RIN: 1545-AR90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3216. PROPOSED REGULATIONS UNDER SECTION 1.884-3

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kathryn Horton O'Brien, 202 622-3860

RIN: 1545-AQ72
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3217. FINAL REGULATIONS UNDER SECTION 1.884-2

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kathryn Horton O'Brien, 202 622-3860

RIN: 1545-AQ73
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3218. INCOME OF FOREIGN GOVERNMENTS AND INTERNATIONAL ORGANIZATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David A. Juster, 202 622-3850

RIN: 1545-AL93


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23860]]
3219. DIVIDEND WITHHOLDING--LUXEMBOURG CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Joseph S. Henderson, 202 622-3850

RIN: 1545-AQ54
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3220. INCOME TAX--PARTNERSHIP RULES REGARDING TAXATION OF FOREIGN 
INVESTMENT IN UNITED STATES REAL PROPERTY INTERESTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert Lorence, 202 622-3880

RIN: 1545-AL77
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3221. CLARIFICATION OF TREATMENT OF SEPARATE LIMITATION LOSSES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Willard W. Yates, 202 622-3850

RIN: 1545-AM11
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3222. SECTION 905(B) REGULATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Carl M. Cooper, 202 622-3840

RIN: 1545-AP36
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3223. FSC TRANSFER PRICING RULES, DISTRIBUTIONS, DIVIDENDS 
RECEIVED, DEDUCTION, AND OTHER SPECIAL RULES FOR FSC

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Richard L. Chewning, 202 622-3870

RIN: 1545-AI16
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3224. EXCLUSION OF POSSESSION SOURCE INCOME FROM GROSS INCOME OF 
CERTAIN INDIVIDUALS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lilo A. Hester, 202 874-1490

RIN: 1545-AS42
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3225. SOURCE RULES WITHIN THE VIRGIN ISLANDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ricardo A. Cadenas, 202 874-1490

RIN: 1545-AL40
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3226. COORDINATION OF U.S. AND VIRGIN ISLANDS INCOME TAXES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lilo A. Hester, 202 874-1490

RIN: 1545-AS41
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3227. SUBPART F--USE OF DEFICITS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Valerie A. Mark, 202 622-3840

RIN: 1545-AJ71
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3228. SUBPART F SHIPPING AMENDMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Valerie A. Mark, 202 622-3840

RIN: 1545-AM46
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3229. EARNINGS AND PROFITS OF CONTROLLED FOREIGN CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Margaret A. Hogan, 202 622-3870

RIN: 1545-AM90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3230. EFFECT OF ACQUISITIVE REORGANIZATIONS ON EARNINGS AND PROFITS 
POOLS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Caren S. Shein, 202 622-3850

RIN: 1545-AO71


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23861]]
3231. COMPUTATION AND CHARACTERIZATION OF INCOME OF EARNINGS AND 
PROFITS UNDER THE DOLLAR APPROXIMATE SEPARATE TRANSACTIONS METHOD OF 
ACCOUNTING (DASTM)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8556            07/25/94                    59 FR 37669

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jacob Feldman, 202 622-3870

RIN: 1545-AP70
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3232. DETERMINATION OF FOREIGN TAXES AND FOREIGN CORPORATIONS' 
EARNINGS AND PROFITS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jacob Feldman, 202 622-3870

RIN: 1545-AN37
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3233. COMPUTATION OF A BRANCH'S TAXABLE INCOME TAXATION OF EXCHANGE 
GAIN OR LOSS ON BRANCH REMITTANCES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Margaret A. Hogan, 202 622-3870

RIN: 1545-AM12
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3234. DISC REGULATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Leslie B. Van Der Wal, 202 622-3850

RIN: 1545-AM05
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3235. INCOME TAX--TAX REFORM ACT OF 1984 RELATING TO INTEREST 
CHARGE DISCS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Bergkuist, 202 622-3860

RIN: 1545-AG71
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3236. BASIS ADJUSTMENT 1016(A)(2)

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kathleen Reed, 202 622-3110

RIN: 1545-AR60
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3237. BASIS REDUCTION DUE TO CANCELLATION OF INDEBTEDNESS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Leo F. Nolan II, 202 622-4970

RIN: 1545-AP77
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3238. INCOME TAX--TRANSFERS OF SECURITIES UNDER CERTAIN AGREEMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark Smith, 202 622-3905

RIN: 1545-AC20
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3239. CERTAIN PAYMENTS MADE PURSUANT TO A SECURITIES LENDING 
TRANSACTION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ramon Camacho, 202 622-3870

RIN: 1545-AP71
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3240. AMENDMENT OF REGULATIONS UNDER IRC SECTION 1059A

CFR Citation:  26 CFR 1; 26 CFR 1059A

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: W. Edward Williams, 202 874-1490

RIN: 1545-AS89
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3241. INCOME TAX--SPECIAL ALLOCATION RULES FOR CERTAIN ASSET 
ACQUISITIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Friedel, 202 622-7550

RIN: 1545-AJ06
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3242. INCOME TAX--TAX STRADDLES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      03/22/93

Small Entities Affected: None

Government Levels Affected: None [[Page 23862]] 

Agency Contact: Robert Williams, 202 622-3960

RIN: 1545-AC21
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3243. CHARACTER OF GAINS AND LOSSES IN CASE OF STRADDLES WHERE AT 
LEAST ONE POSITION IS ORDINARY AND AT LEAST ONE POSITION IS CAPITAL

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert B. Williams, 202 622-3960

RIN: 1545-AM57
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3244. INCOME TAX--TAX REFORM ACT OF 1984 RELATING TO MIXED 
STRADDLES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert B. Williams, 202 622-3960

RIN: 1545-AH59
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3245. INCOME TAX--ECONOMIC RECOVERY TAX ACT OF 1981 AND THE TAX 
REFORM ACT OF 1984, RELATING TO STRADDLES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert B. Williams, 202 622-3960

RIN: 1545-AH60
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3246. SECTION 1244 REGULATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kirsten L. Simpson, 202 622-7258

RIN: 1545-AQ80
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3247. SECTION 1248 - GAIN FROM SALE OR EXCHANGE OF STOCK IN FOREIGN 
CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kathryn Horton O'Brien, 202 622-3860

RIN: 1545-AC31
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3248. GAINS FROM CERTAIN SALES OR EXCHANGES IN CERTAIN FOREIGN 
CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David F. Bergkuist, 202 622-3860

RIN: 1545-AL89
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3249. INCOME TAX--GAIN FROM DISPOSITION OF INTEREST IN OIL OR GAS 
PROPERTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8586            01/10/95                     60 FR 2497

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Brenda Stewart, 202 622-3120

RIN: 1545-AC35
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3250. HEDGING EXCEPTION TO MARK-TO-MARKET RULES FOR SECTION 1256 
CONTRACTS, DEFERRAL OF CERTAIN STRADDLE LOSSES, AND WASH-SALE AND SHORT-
SALE PRINCIPLES APPLICABLE TO CERTAIN STRADDLE TRANSACTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      03/22/93

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert B. Williams, 202 622-3960

RIN: 1545-AI72
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3251. CONVERSION TRANSACTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Alan B. Munro, 202 622-3950

RIN: 1545-AS87
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3252. DEBT INSTRUMENTS WITH ORIGINAL ISSUE DISCOUNT: ANTI-ABUSE 
RULE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8518          02/02/94                     59 FR 4831

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William E. Blanchard, 202 622-3950

RIN: 1545-AS36
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3253. BASIC ISSUES UNDER SECTION 1286

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None [[Page 23863]] 

Agency Contact: Nicholas G. Bogos, 202 622-3920

RIN: 1545-AQ25
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3254. CERTAIN STRIPPING TRANSACTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Alan Munro, 202 622-3950

RIN: 1545-AR12
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3255. MERGER OF A C CORPORATION INTO AN S CORPORATION

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8567          10/07/94                    59 FR 51105

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jeffrey A. Erickson, 202 622-3040

RIN: 1545-AR50
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3256. INCOME TAX--PASS-THROUGH OF S CORPORATION ITEMS TO 
SHAREHOLDERS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Katherine A. Mellody, 202 622-3080

RIN: 1545-AE85
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3257. INCOME TAX--APPLICATION OF SUBCHAPTER C RULES TO S 
CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Martin Schaffer, 202 622-3080

RIN: 1545-AE90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3258. CROSS-REFERENCE--APPLICATION OF SECTION 1374 BUILT-IN GAINS 
TAX C CORPORATIONS ELECTING S CORPORATION STATUS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark S. Jennings, 202 622-7530

RIN: 1545-AK93
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3259. WITHHOLDING ON ITEMS OF INCOME COVERED BY AN INCOME TAX 
CONVENTION

CFR Citation:  26 CFR 1; 26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/00/96

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lilo A. Hester, 202 874-1490

RIN: 1545-AH86
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3260. WITHHOLDING OF TAX ON NONRESIDENT ALIENS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Carol P. Tello, 202 622-3880

RIN: 1545-AN75
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3261. INCOME TAX--APPLICATION OF SECTION 465, AT-RISK LIMITATIONS 
TO MEMBERS THAT JOIN IN FILING CONSOLIDATED RETURNS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Richard E. Coss, 202 622-7790

RIN: 1545-AC55
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3262. CLARIFYING DELETION OF REQUIREMENT OF SECTION 1.1502-
47(D)(12)(C) THAT IN APPLYING THE TACKING RULE, PROFIT LIFE ACTIVITIES 
NOT BE SEPARATED FROM LOSS LIFE ACTIVITIES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William F. Barry, 202 622-7770

RIN: 1545-AI98
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3263. CONSOLIDATED RETURN REGULATIONS; ADJUSTMENT ON DISPOSITION OF 
STOCK OF SUBSIDIARY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Steve Teplinsky, 202 622-7770

RIN: 1545-AL59
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3264. SECTION 1.1502-33

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Steven Teplinsky, 202 622-7770

RIN: 1545-AL60


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23864]]
3265. ADJUSTMENTS REFLECTING A RESTRUCTURING OF A CONSOLIDATED 
GROUP

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Steven Teplinsky, 202 622-7770

RIN: 1545-AL62
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3266. LIMITATIONS ON THE USE OF CERTAIN LOSSES AND BUILT-IN 
DEDUCTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Madden, 202 622-7540

RIN: 1545-AP15
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3267. INVESTMENT ADJUSTMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8560            08/15/94                    59 FR 42666

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Steven Teplinsky, 202 622-7770

RIN: 1545-AQ69
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3268. CONSOLIDATED RETURNS: SEPARATE RETURN LIMITATION YEARS AND 
THE CARRYBACK AND CARRYOVER OF INVESTMENT CREDITS, FOREIGN TAX CREDITS, 
NET OPERATING LOSSES, AND NET CAPITAL LOSSES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Steven Teplinsky, 202 622-7770

RIN: 1545-AR11
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3269. SECTION 1.1502-47 REGULATIONS--SUPPLEMENTAL

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ramon Camacho, 202 622-3870

RIN: 1545-AR89
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3270. APPLICATIONS OF SECTION 1503(D) TO PARTNERSHIPS AND OTHER 
ITEMS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Joan M. Thomsen, 202 622-3840

RIN: 1545-AR26
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3271. CROSS-REFERENCE--ALASKA NATIVE CORPORATIONS; REQUIREMENTS FOR 
AFFILIATION IN ORDER TO FILE A CONSOLIDATED RETURN

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark S. Jennings, 202 622-7530

RIN: 1545-AK88
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3272. DEFINITION OF AFFILIATED GROUP

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ken E. Cohen, 202 622-7790

RIN: 1545-AR70
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3273. ESTATE AND GIFT TAXES--UNIFIED CREDIT IN LIEU OF EXEMPTION, 
UNIFIED RATE SCHEDULE FOR ESTATE AND GIFT TAXES

CFR Citation:  26 CFR 20; 26 CFR 25; 26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Deborah S. Ryan, 202 622-3090

RIN: 1545-AC60
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3274. ESTATE TAX--VALUATION OF CERTAIN FARM, ETC., REAL PROPERTY

CFR Citation:  26 CFR 20; 26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Deborah Ryan, 202 622-3090

RIN: 1545-AC62
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3275. ESTATE AND GIFT TAXES--INCLUSION OF STOCK IN ESTATE WHERE 
DECEDENT RETAINED VOTING RIGHTS

CFR Citation:  26 CFR 20

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lane H. Damazo, 202 622-3090

RIN: 1545-AC63
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3276. ESTATE TAX--ANNUITY EXCLUSION REPEAL

CFR Citation:  26 CFR 20 [[Page 23865]] 

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William L. Blodgett, 202 622-3090

RIN: 1545-AP60
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3277. REFORMATION OF CHARITABLE TRANSFERS--DEFINITION OF GUARANTEED 
ANNUITY AND LEAD UNITRUST INTEREST

CFR Citation:  26 CFR 20

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Esther Woodworth, 202 622-3090

RIN: 1545-AO31
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3278. MARITAL DEDUCTION - QTIP ELECTIONS

CFR Citation:  26 CFR 20; 26 CFR 25

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8522          03/01/94                     59 FR 9642

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Susan Hurwitz, 202 622-3090

RIN: 1545-AC67
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3279. QDOT SECURITY REQUIREMENTS

CFR Citation:  26 CFR 20

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Susan Hurwitz, 202 622-3090

RIN: 1545-AS66
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3280. SITUS OF PARTNERSHIP INTERESTS HELD BY A NONRESIDENT ALIEN 
FOR ESTATE TAX PURPOSES

CFR Citation:  26 CFR 20

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Leslie A. Cracraft, 202 622-3860

RIN: 1545-AP07
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3281. LOAN GUARANTEES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Debra Ryan, 202 622-3090

RIN: 1545-AR16
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3282. ESTATE TAX--GENERATION-SKIPPING TRANSFER TAX

CFR Citation:  26 CFR 26

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James F. Hogan, 202 622-3090

RIN: 1545-AL75
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3283. EMPLOYMENT TAX--TO REQUIRE WITHHOLDING OF SOCIAL SECURITY AND 
RAILROAD RETIREMENT TAX FROM CERTAIN PAYMENTS OF SICK PAY

CFR Citation:  26 CFR 31

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Renay France, 202 622-4910

RIN: 1545-AC77
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3284. UPDATE OF RAILROAD RETIREMENT TAX ACT REGULATIONS

CFR Citation:  26 CFR 31

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8582          12/00/94                    59 FR 66188

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jean Whalen, 202 622-6040

RIN: 1545-AR08
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3285.  ELECTRONIC FILING OF FORM W-4

Legal Authority:  26 USC 7805; 26 USC 3402

CFR Citation:  26 CFR 31; 26 CFR 602

Legal Deadline: None

Abstract: These regulations authorize employers to establish systems to 
pay employees to make certain changes to their forms W-4 electronically

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8577            12/21/94                    59 FR 65712

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-45-93.
Drafting attorney: Russell Weinheimer (202) 622-6060.
Reviewing attorney: Mark Schwimmer (202) 622-6060.

Agency Contact: Russ Weinheimer, Senior Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave NW., 
Washington, DC 20224, 202 622-6060

RIN: 1545-AT05
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3286.  WITHHOLDING ON DISTRIBUTIONS OF INDIAN CASINO 
PROFITS TO TRIBAL MEMBERS

Legal Authority:  26 USC 3402(r); 26 USC 7805

CFR Citation:  26 CFR 31

Legal Deadline: None

Abstract: Implements income tax withholding requirement on 
distributions of profits to Indian tribe members from certain Indian 
gaming activities, under new IRC section 3402(r). [[Page 23866]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8574            12/22/94                    59 FR 65939

Small Entities Affected: None

Government Levels Affected: None

Additional Information: EE-60-94.
Drafting attorney: Rebecca Wilson (202) 622-6040.

Agency Contact: Rebecca Wilson, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6040

RIN: 1545-AT12
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3287. TAXPAYER IDENTIFYING NUMBER MATCHING PROGRAM

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Renay France, 202 622-4910

RIN: 1545-AQ51
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3288. TIN MATCHING PROGRAM

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Renay France, 202 622-4910

RIN: 1545-AR72
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3289. EXCISE TAX--EXCISE TAX ON HEAVY TRUCKS, TRUCK TRAILERS AND 
SEMITRAILERS, AND TRACTORS

CFR Citation:  26 CFR 48

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Edward Madden, 202 622-3130

RIN: 1545-AI51
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3290. FUEL FLOOR STOCKS TAXES UNDER OBRA 1993

CFR Citation:  26 CFR 47

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8561            08/22/94                    59 FR 43039

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Edward Madden, 202 622-3130

RIN: 1545-AS32
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3291. VACCINE EXPORTS

CFR Citation:  26 CFR 48

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8561            08/22/94                    59 FR 43039

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Edward Madden, 202 622-3130

RIN: 1545-AR38
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3292. AIR TRANSPORTATION TAX REGULATIONS

CFR Citation:  26 CFR 48; 26 CFR 49

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Tyrone Montague, 202 622-3130

RIN: 1545-AP68
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3293. EXCISE TAX--PART 54, REVERSION OF QUALIFIED PLAN ASSETS TO 
EMPLOYER

CFR Citation:  26 CFR 54

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Vernon S. Carter, 202 622-6070

RIN: 1545-AI82
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3294. EXCISE TAX--EXCESS DISTRIBUTIONS FROM QUALIFIED RETIREMENT 
PLANS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Marjorie Hoffman, 202 622-6030

RIN: 1545-AI81
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3295. EXCISE TAX--ISSUES ARISING WHERE MULTIPLE PARTIES SHARE IN 
PRODUCTION, INCLUDING UNITIZATIONS, PARTNERSHIPS, TRUSTS, AND ESTATES

CFR Citation:  26 CFR 51

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lisa Shuman, 202 622-3120

RIN: 1545-AC94
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3296. EXCISE TAX--DEFINITION OF PROPERTY UNDER THE CRUDE OIL 
WINDFALL PROFIT TAX ACT 1980

CFR Citation:  26 CFR 51

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lisa Shuman, 202 622-3120

RIN: 1545-AD08
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3297. EXCISE TAX--PART 54--PROCEDURE AND ADMINISTRATION; PART 301 
--FILING OF RETURNS FOR PAYMENT OF PENSION EXCISE TAX ON REVERSIONS OF 
QUALIFIED PLAN ASSETS

CFR Citation:  26 CFR 54; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None [[Page 23867]] 

Government Levels Affected: None

Agency Contact: Vernon Carter, 202 622-6070

RIN: 1545-AI83
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3298. RETURNS AND PAYMENTS OF TAX UNDER FEDERAL INSURANCE 
CONTRIBUTIONS ACT

CFR Citation:  26 CFR 31

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Meyer, 202 622-4940

RIN: 1545-AQ62
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3299. REMOVAL OF SIGNATURE REQUIREMENT FROM REGULATIONS GOVERNING 
REQUESTS FOR TAXPAYER IDENTIFICATION NUMBERS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Vince Surabian, 202 622-4940

RIN: 1545-AR81
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3300. TELEFILE VOICE SIGNATURE TEST/VOICE SIGNATURE ALTERNATIVE

CFR Citation:  26 CFR 1.6001-1 to 1.6109-2; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Celia Gabrysh, 202 622-4940

RIN: 1545-AR69
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3301. INCOME TAX--AMENDMENTS TO REQUIREMENTS FOR RETURN OF 
PARTNERSHIP INCOME

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Martin Shaffer, 202 622-3080

RIN: 1545-AE40
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3302. INFORMATION RETURNS REQUIRED OF UNITED STATES PERSONS WITH 
RESPECT TO CERTAIN FOREIGN CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8573          12/14/94                    59 FR 64301

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Carl M. Cooper, 202 622-3840

RIN: 1545-AQ06
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3303. INFORMATION RETURNS ON SALES THROUGH COD ACCOUNTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Moriarty, 202 622-4950

RIN: 1545-AG52
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3304. BROKER REPORTING OF OPTION TRANSACTIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jonathan Silver, 202 622-3782

RIN: 1545-AO40
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3305. SECTION 6048 REGULATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Joseph S. Henderson, 202 622-3850

RIN: 1545-AR25
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3306. INCOME TAX--TO REQUIRE ISSUERS OF CERTIFICATES OF DEPOSIT TO 
FURNISH ISSUE PRICE TO BROKERS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Dianne O. Umberger, 202 622-3960

RIN: 1545-AK36
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3307. OBLIGATION OF BROKERS TO REPORT ORIGINAL ISSUE DISCOUNT ON 
FORM 1099

CFR Citation:  26 CFR 1; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Dianne O. Umberger, 202 622-3960

RIN: 1545-AM80
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3308. INFORMATION REPORTING OF POINTS ON MORTGAGE LOANS

CFR Citation:  26 CFR 1.6050H-l; 26 CFR 1.6050H-2

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James Atkinson, 202 622-4950

RIN: 1545-AO57


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23868]]
3309.  CASH RECEIVED BY CRIMINAL COURT JUDGE

Legal Authority:  26 USC 6050I; 26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline:  Other, Statutory, December 13, 1994.
Sec. 20415 of the Violent Crime Control and Law Enforcement Act of 1994 
required issuance of temporary regulations by 12-13-94.

Abstract: This regulations relates to the Information Reporting 
requirements of court clerks upon receipt of more than $10,000 in cash 
as bail for any individual charged with a specific criminal offense.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8572          12/15/94                    59 FR 64572

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-57-94.
Drafting attorney: Susie Bird (202) 622-4960.
Reviewing attorney: Steve Toomey (202) 622-4960.

Agency Contact: Susie K. Bird, Attorney-Advisor (Tax), Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4960

RIN: 1545-AT07
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3310. SECTION 6111, RELATING TO TAX SHELTER REGISTRATION

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Martin Schaffer, 202 622-3080

RIN: 1545-AG45
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3311. MISCELLANEOUS RULES RELATING TO CONSOLIDATED ADMINISTRATIVE 
AND JUDICIAL PROCEEDINGS TO DETERMINE THE TAX TREATMENT OF PARTNERSHIP 
ITEMS

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Lindsay Russell, 202 622-3050

RIN: 1545-AE51
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3312. SMALL S CORPORATION EXCEPTION AND DEFINITION OF SUBCHAPTER S 
ITEM

CFR Citation:  26 CFR 301; 26 CFR 602; 26 CFR 51

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: D. Lindsay Russell, 202 622-3050

RIN: 1545-AJ99
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3313. DETERMINATION OF THE TAX TREATMENT OF SUBCHAPTER S ITEMS AT 
THE CORPORATE LEVEL

CFR Citation:  26 CFR 301; 26 CFR 51

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: D. Lindsay Russell, 202 622-3050

RIN: 1545-AE96
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3314. DEPOSIT OF TAX WITHHELD FROM NONRESIDENT ALIENS AND OTHERS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Vincent Surabian, 202 622-4940

RIN: 1545-AP92
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3315. PROCEDURE AND ADMINISTRATION--ABATEMENT OF INTEREST

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John J. McGreevy, 202 622-4910

RIN: 1545-AK71
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3316. EXTENSION OF 45-DAY RULE FOR DISALLOWANCE OF ENTRIES ON 
OVERPAYMENTS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Rochelle L. Hodes, 202 622-4940

RIN: 1545-AS64
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3317. DIFFERENTIAL INTEREST RATES AND EXPANDED CREDITING OF 
OVERPAYMENTS AGAINST UNDERPAYMENTS

CFR Citation:  26 CFR 301; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Forest Boone, 202 622-4960

RIN: 1545-AK06
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3318. FRAUDULENT FAILURE TO FILE TAX RETURN; IMPOSITION OF FRAUD 
PENALTY

CFR Citation:  26 CFR 1.6651-5; 26 CFR 1.6663-1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None [[Page 23869]] 

Agency Contact: John Moran, 202 622-4940

RIN: 1545-AO84
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3319. ACCELERATED PAYMENT OF ESTIMATED TAXES BY CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Rochelle Hodes, 202 622-4940

RIN: 1545-AE37
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3320. SECTION 6655 TO PROVIDE SPECIAL RULE FOR ANNUALIZATION 
EXCEPTION TO ESTIMATED TAX PENALTY APPLICABLE TO FOREIGN SALES 
CORPORATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Rochelle Hodes, 202 622-4940

RIN: 1545-AQ63
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3321. FAILURE TO MAKE A DEPOSIT OF TAXES

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Vincent Surabian, 202 622-4940

RIN: 1545-AO87
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3322. IMPOSITION OF ACCURACY-RELATED PENALTY

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Margaret M. O'Connor, 202 622-3880

RIN: 1545-AS25
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3323. REVISE SECTION 1.6695-1(B) OF THE INCOME TAX REGULATIONS TO 
REQUIRE TAX RETURN PREPARERS TO RETAIN ATTESTATIONS RATHER THAN 
SUBMITTING WITH RETURN

CFR Citation:  26 CFR 1.6695-1(b)(4)(i)

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Meyer, 202 622-4940

RIN: 1545-AR78
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3324. REVISION OF REGULATIONS TO REQUIRE RETURN PROCEDURE RETAIN 
SIGNATURE ATTESTATIONS RATHER THAN FORWARDING WITH THE RETURN

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David Meyer, 202 622-4940

RIN: 1545-AR83
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3325. PENALTY FOR PROMOTING ABUSIVE TAX SHELTERS

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Michael F. Schmit, 202 622-4960

RIN: 1545-AE99
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3326. PENALTY FOR AIDING AND ABETTING IN THE UNDERSTATEMENT OF TAX 
LIABILITY

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Michael Schmit, 202 622-4960

RIN: 1545-AF01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3327. CERTIFICATES OF COMPLIANCE WITH INCOME TAX LAWS BY DEPARTING 
ALIENS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8526          03/03/94                    59 FR 10066

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Margaret M. O'Connor, 202 622-3880

RIN: 1545-AN97
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3328. PROCEDURE AND ADMINISTRATION--PROPERTY SEIZED BY THE INTERNAL 
REVENUE SERVICE UNDER THE MONEY LAUNDERING CONTROL ACT OF 1986

CFR Citation:  26 CFR 403; 26 CFR 405

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Richard Delmar, 202 622-4470

RIN: 1545-AL04
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3329. PROCEDURE AND ADMINISTRATION--AMENDMENT OF REGULATIONS 
RELATING TO THE TIMELY MAILING OF RETURNS, TAXES, AND DEPOSITS

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Renay France, 202 622-4910

RIN: 1545-AD42


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23870]]
3330. TIME FOR PERFORMING CERTAIN ACTS POSTPONED BY REASON OF 
SERVICE IN COMBAT ZONE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Stuart Spielman, 202 622-4940

RIN: 1545-AP90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3331. CONDUIT ARRANGEMENT REGULATIONS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      12/01/94

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Richard L. Chewning, 202 622-3870

RIN: 1545-AS63
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3332. INDIAN TRIBAL GOVERNMENTS TREATED AS STATES FOR CERTAIN 
PURPOSES

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Adrian L. Michur, 202 622-3940

RIN: 1545-AF77
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3333. SPECIAL RULES FOR S CORPS UNDER 301.7701(B)-7

CFR Citation:  26 CFR 301; 26 CFR 602

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: David A. Juster, 202 622-3870

RIN: 1545-AS88
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3334. DEFINITION OF LIFE INSURANCE CONTRACT

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ann H. Logan, 202 622-3970

RIN: 1545-AL08
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3335. REASONABLE MORTALITY CHARGES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ann H. Logan, 202 622-3970

RIN: 1545-AO12
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3336. RELEASE OF LIENS

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kevin B. Connelly, 202 622-3640

RIN: 1545-AE82
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3337. NOTICE OF LIEN ON PERSONAL PROPERTY

CFR Citation:  26 CFR 301.6323

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert A. Walker, 202 622-3640

RIN: 1545-AM64
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3338. AGREEMENTS FOR PAYMENT FOR TAX LIABILITY IN INSTALLMENTS

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Kevin B. Connelly, 202 622-3640

RIN: 1545-AM66
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3339. LEVY AND DISTRAINT

CFR Citation:  26 CFR 301.6331-1; 26 CFR 301.6331-2

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       04/01/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert A. Walker, 202 622-3640

RIN: 1545-AM70
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3340. PROPERTY EXEMPT FROM LEVY

CFR Citation:  26 CFR 301.6334-1; 26 CFR 301.6334-2; 26 CFR 301.6334-3; 
26 CFR 301.6334-4; 26 CFR 301.6334-5; 26 CFR 301.6334-6; 26 CFR 
301.6334-7

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jerome D. Sekula, 202 622-3640

RIN: 1545-AN46
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3341. AUTHORITY TO RELEASE LEVY AND RETURN PROPERTY

CFR Citation:  26 CFR 301.6343-1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Jerome D. Sekula, 202 622-3640

RIN: 1545-AN48


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23871]]
3342. ADJUSTMENTS REQUIRED BY CHANGES IN METHODS OF ACCOUNTING

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Rosemary Deleone, 202 622-4970

RIN: 1545-AR79
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3343. STATEMENT OF PROCEDURAL RULES UPDATE

CFR Citation:  26 CFR 601

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Moran, 202 622-4940

RIN: 1545-AR87
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3344. FUEL FLOOR STOCKS TAX OF 1993

CFR Citation:  26 CFR 47

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8561            08/22/94                    59 FR 43039

Small Entities Affected: None

Government Levels Affected: State, Local, Federal

Agency Contact: Edward Madden, 202 622-4537

RIN: 1545-AR94
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3345. VACCINE FLOOR STOCK TAX OF 1993

CFR Citation:  26 CFR 47

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8561            08/22/94                    59 FR 43039

Small Entities Affected: None

Government Levels Affected: State, Local, Federal

Agency Contact: Edward Madden, 202 622-4537

RIN: 1545-AR95
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3346. ARBITRAGE RESTRICTIONS ON TAX-EXEMPT BONDS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8538          05/10/94                    59 FR 24039

Small Entities Affected: None

Government Levels Affected: State, Local

Agency Contact: William P. Cejudo, 202 622-3980

RIN: 1545-AS50
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3347. DISCLOSURE OF RETURN INFORMATION TO THE U.S. CUSTOMS SERVICE

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donald Squires, 202 622-4570

RIN: 1545-AS52
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3348. DISCLOSURE OF RETURN INFORMATION TO THE U.S. CUSTOMS SERVICE

CFR Citation:  26 CFR 301

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8527            03/11/94                    59 FR 11547

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Donald Squires, 202 622-4570

RIN: 1545-AS53
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3349. REMIC VARIABLE INTEREST RATES

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: William Cejudo, 202 622-3920

RIN: 1545-AS54
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3350. MARITAL-SPECIFIC PORTION

CFR Citation:  26 CFR 2056

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: James F. Hogan, 202 622-3090

RIN: 1545-AS59
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3351. SUBCHAPTER K ANTI-ABUSE RULE

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action T.D. 8588          01/03/95                       60 FR 23

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mary A. Berman, 202 622-3050

RIN: 1545-AS70
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3352. TREATMENT OF PASS-THROUGH ENTITIES UNDER SECTION 67

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      11/14/94

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: George H. Bradley, 202 622-8104

RIN: 1545-AS72
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3353. TREATMENT OF PASS-THROUGH ENTITIES UNDER SECTION 67

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Closed Without Regulations      11/14/94

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: George H. Bradley, 202 622-8104

RIN: 1545-AS73


______________________________________________________________________


______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

[[Page 23872]]
3354. CLUB DUES UNDER SECTION 274

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: John Sapienza, 202 622-4920

RIN: 1545-AS74
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3355. CREDIT FOR EMPLOYER SOCIAL SECURITY TAX PAID ON EMPLOYEE TIPS

CFR Citation:  26 CFR 1

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Withdrawn                       03/24/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Karin Loverud, 202 622-6060

RIN: 1545-AS90
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3356.  NONBANK TRUSTEE NET WORTH REQUIREMENTS

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This project provides guidance to nonbank trustees with 
respect to the adequacy of new worth requirements of section 1.401-
12(n)(6) and (7) of the Income Tax Regulations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8570            12/06/94                    59 FR 62570

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: EE-38-94.
Drafting attorney: Judith E. Alden (202) 622-6030.
Reviewing attorney: Majorie Hoffman (202) 622-6030.
Treasury attorney: Elizabeth Buchbinder (202) 622-1352.

Agency Contact: Judith Alden, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 
20224, 202 622-6030

RIN: 1545-AS96
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________

3357.  ALLOWANCES RECEIVED BY MEMBERS OF THE ARMED FORCES 
IN CONNECTION WITH MOVES TO NEW PERMANENT DUTY STATIONS

Legal Authority:  26 USC 7805

CFR Citation:  26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance to taxpayers with respect 
to allowances received by members of the armed forces in connection 
with moves to new permanent duty stations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8575            12/21/94                    59 FR 65711

Small Entities Affected: None

Government Levels Affected: None

Additional Information: IA-50-94.
Drafting Attorney: Marilyn Brookens (202) 622-4920.
Reviewing Attorney: Robert Berkowsky (202) 622-4920.

Agency Contact: Marilyn Brookens, Attorney-Advisor (Tax), Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW., 
Washington, DC 20224, 202 622-4920

RIN: 1545-AT01
______________________________________________________________________



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Internal Revenue Service (IRS)
______________________________________________________________________


3358. USER FEES

CFR Citation:  26 CFR 300

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action TD 8589            02/14/95                     60 FR 8298

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Ruth Hoffman, 202 622-3130

RIN: 1545-AS84
[FR Doc. 95-6601 Filed 05-05-95; 8:45 am]
BILLING CODE 4830-01-F



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                                    
Office of Thrift Supervision (OTS)
______________________________________________________________________

Office of Thrift Supervision

12 CFR Ch. V

[No. 95-37]

Agenda of Federal Regulations

AGENCY: Office of Thrift Supervision, Treasury.

ACTION: Publication of agenda items.

______________________________________________________________________

SUMMARY: The Office of Thrift Supervision (OTS) is hereby publishing 
items for the April Unified Agenda of Federal Regulations.

    A number of the agenda items refer to statutory requirements 
imposed by CDRI and FDICIA. These references mean, respectively, 
the Riegle Community Development and Regulatory Improvement Act of 
1994 (CDRI), Public Law 103-325, 108 Stat. 2160 (1994), and the 
Federal Deposit Insurance Corporation Improvement Act of 1991 
(FDICIA), Public Law 102-242, 105 Stat. 2236 (1991).

    The term ``Federal banking agencies'' refers to the Office of 
Thrift Supervision, the Office of the Comptroller of the Currency, 
the Federal Deposit Insurance Corporation, and the Board of 
Governors of the Federal Reserve System.

ADDRESSES: Information Services Division, Office of Thrift Supervision, 
1700 G Street NW., Washington, DC 20552.

FOR FURTHER INFORMATION CONTACT: See persons listed below for specific 
agenda items.

Dated: February 27, 1995.

By the Office of Thrift Supervision.

Jonathan L. Fiechter,

Acting Director.

                                                                                                                
                             [[Page 23873]]
                                Office of Thrift Supervision--Proposed Rule Stage                               
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation  
 Sequence                                          Title                                            Identifier  
  Number                                                                                              Number    
----------------------------------------------------------------------------------------------------------------
3359        12 CFR 567  Risk-Based Capital Standards--Recourse Obligations......................     1550-AA70  
3360        12 CFR 543  ''De Novo'' Applications for a Federal Savings Association Charter......     1550-AA76  
3361        12 CFR 566  Liquidity...............................................................     1550-AA77  
3362        12 CFR 509  Uniform Rules of Practice and Procedure.................................     1550-AA79  
3363        12 CFR 567  Risk-Based Capital Requirements, Small Business Loan Obligations........     1550-AA81  
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Final Rule Stage                                 
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
3364        12 CFR 563  Safety and Soundness Standards............................................    1550-AA54 
3365        12 CFR 563  Small and Medium-Sized Business and Farm Loan Documentation Exemption for               
            Qualifying Associations...............................................................    1550-AA61 
3366        12 CFR 563  Criminal Referral Report..................................................    1550-AA62 
3367        12 CFR 563  Classification of Assets..................................................    1550-AA65 
3368        12 CFR 510  Release of Unpublished Information........................................    1550-AA66 
3369        12 CFR 563e  Community Reinvestment Act...............................................    1550-AA69 
3370        12 CFR 567  Regulatory Capital: Common Stockholders' Equity...........................    1550-AA71 
3371        12 CFR 563  Capital Distributions.....................................................    1550-AA72 
3372        12 CFR 563  Loans to One Borrower.....................................................    1550-AA78 
3373        12 CFR 509  Uniform Rules of Practice and Procedure; Ex Parte Communications..........    1550-AA80 
----------------------------------------------------------------------------------------------------------------


                            Office of Thrift Supervision--Completed/Longterm Actions                            
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
3374        12 CFR 567  Risk-Based Capital Standards; Concentration of Credit Risk and Risks of                 
            Nontraditional Activities.............................................................    1550-AA59 
3375        12 CFR 550  Annual Independent Audits.................................................    1550-AA68 
3376        12 CFR 563b  Conversion From Mutual to Stock Form; Mutual Savings and Loan Holding                  
            Companies.............................................................................    1550-AA73 
3377        12 CFR 567  Risk-Based Capital Standards; Bilateral Netting Requirements..............    1550-AA75 
----------------------------------------------------------------------------------------------------------------




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3359. RISK-BASED CAPITAL STANDARDS--RECOURSE OBLIGATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1835; 12 USC 1848; 12 USC 4808

CFR Citation:  12 CFR 567
Legal Deadline: None
Abstract: The Federal banking agencies have issued an advance notice of 
proposed rulemaking and a notice of proposed rulemaking to address the 
regulatory capital treatment of recourse arrangements and direct credit 
substitutes that expose banks, bank holding companies and thrifts to 
credit risk and to correct inconsistencies in the agencies' risk-based 
capital standards. The OTS is proposing to change only the capital 
requirements for the treatment of certain guarantee-type arrangements 
that absorb first dollar losses.
Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM Asset Securitizations     05/25/94                    59 FR 27116
NPRM Recourse Arrangements and 
Direct Credit Substitutes       05/25/94                    59 FR 27116


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: John F. Connolly, Program Manager, Capital Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552, 202 906-6465

RIN: 1550-AA70
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3360. ``DE NOVO'' APPLICATIONS FOR A FEDERAL SAVINGS ASSOCIATION 
CHARTER

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 552; 12 USC 559; 12 USC 1462; 12 USC 1462a; 12
[[Page 23874]] USC 1463; 12 USC 1464; 12 USC 1467a; 12 USC 2901 et seq

CFR Citation:  12 CFR 543; 12 CFR 552; 12 CFR 571

Legal Deadline: None

Abstract: The OTS has taken under consideration the adoption of a 
notice of proposed rulemaking to update its statement of policy 
regarding ``de novo'' applications for a Federal savings association 
charter. Much of the current rule has become obsolete, redundant or 
otherwise unnecessary due to amendments to Federal laws and regulations 
concerning capital adequacy, business plans, director and officer 
qualifications, conflicts of interest and transactions with affiliates.

Timetable: Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Valerie J. Lithotomos, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 
906-6439

RIN: 1550-AA76
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3361. LIQUIDITY

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1465; 12 USC 1467a; 12 USC 1691; 12 USC 1691a

CFR Citation:  12 CFR 566

Legal Deadline: None

Abstract: The OTS has taken under consideration the adoption of a 
notice of proposed rulemaking to amend its liquidity regulation. The 
rule would reduce the liquidity requirement from five percent to the 
statutory minimum of four percent, change the daily calculation to a 
quarterly calculation, amend the regulatory listing of qualifying 
liquid assets, amend the definition of corporate debt obligations and 
remove the one percent short-term liquidity requirement.

Timetable: Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Catherine Shepard, Senior Attorney, Regulations & 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW., Washington, DC 20552, 202 906-7275

RIN: 1550-AA77
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3362. UNIFORM RULES OF PRACTICE AND PROCEDURE

Priority:  Informational

Legal Authority:  5 USC 556; 12 USC 1464; 12 USC 1467; 12 USC 1467a; 12 
USC 1813; 15 USC 78l

CFR Citation:  12 CFR 509

Legal Deadline: None

Abstract: The Federal banking agencies are taking under consideration 
the adoption of a notice of proposed rulemaking to update their uniform 
rules of practice and procedure. The changes are primarily technical 
revisions, but several of them would increase efficiency in the 
administrative process by (i) ensuring that parties have a 
representative available to accept service of process at all times; 
(ii) prohibiting multiple counsel from examining a single witness; and 
(iii) clarifying time deadlines and other matters.

Timetable: Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Karen Osterloh, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 
906-6639

RIN: 1550-AA79
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                 Proposed Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________


3363.  RISK-BASED CAPITAL REQUIREMENTS, SMALL BUSINESS LOAN 
OBLIGATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1835; 12 USC 1848; 12 USC 4808

CFR Citation:  12 CFR 567

Legal Deadline:  Final, Statutory, March 22, 1995.

Abstract: The OTS is proposing to revise its risk-based capital 
standards as required by sections 208 and 350 of the Riegle Community 
Development and Regulatory Improvement Act of 1994. The rule will 
modify the risk-based capital treatment of small business loans and 
leases of personal property with recourse in accordance with the new 
statutory requirement.

Timetable: Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Karen Osterloh, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 
906-6639

RIN: 1550-AA81



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3364. SAFETY AND SOUNDNESS STANDARDS

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1468; 12 USC 1828; 12 USC 3806; 42 USC 4106

CFR Citation:  12 CFR 563

Legal Deadline:  Final, Statutory, August 1, 1993.

Abstract: The OTS has issued an advance notice and notice of proposed 
rulemaking jointly with the Federal banking agencies to solicit comment 
on the safety and soundness standards required by section 132 of 
FDICIA. These standards must include managerial and operational 
standards; standards relating to asset quality, earnings and stock 
valuation; and compensation standards. The rulemaking will be revised 
in accordance with the CDRI legislation enacted on September 23, 1994.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

ANPRM                           07/15/92    57 FR 31336 [[Page 23875]] 
ANPRM Comment Period End        09/14/92                    57 FR 31336
NPRM                            11/18/93                    58 FR 60802
NPRM Comment Period End         01/03/94                    58 FR 60802


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: William Magrini, Project Manager for Credit Policy, 
Supervision Policy, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW., Washington, DC 20552, 202 906-5744

RIN: 1550-AA54
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3365. SMALL AND MEDIUM-SIZED BUSINESS AND FARM LOAN DOCUMENTATION 
EXEMPTION FOR QUALIFYING ASSOCIATIONS

Priority:  Informational

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467; 12 USC 1468; 12 USC 1817; 12 USC 1818; 12 USC 3806; 42 USC 
4106

CFR Citation:  12 CFR 563

Legal Deadline: None

Abstract: The OTS has issued an interim final rule revising its loan 
documentation regulation with regard to small and medium-sized business 
and farm loans. Unnecessary documentation has been eliminated for well- 
or adequately capitalized, well-managed savings associations.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

Interim Final Rule              05/13/93                    58 FR 28346


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Laurie Nicoli, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 
906-7452

RIN: 1550-AA61
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3366. CRIMINAL REFERRAL REPORT

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1468; 12 USC 1817; 12 USC 1828; 12 USC 3806; 42 
USC 4106

CFR Citation:  12 CFR 563

Legal Deadline: None

Abstract: The OTS is taking under consideration the adoption of an 
interim rule to amend its regulations governing the filing of criminal 
referral reports in order to implement the use of the uniform multi-
agency criminal referral form designed by an interagency task force. 
The multi-agency form is intended to improve compliance with criminal 
activity reporting requirements and enable law enforcement agencies to 
more effectively investigate and prosecute matters reported.

Timetable: Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Karen Osterloh, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 
906-6639

RIN: 1550-AA62
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3367. CLASSIFICATION OF ASSETS

Priority:  Informational

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1468; 12 USC 1817; 12 USC 1828; 12 USC 3806; 42 
USC 4106

CFR Citation:  12 CFR 563

Legal Deadline: None

Abstract: The OTS has issued a notice of proposed rulemaking that would 
remove special mention assets from the regulation that sets forth OTS's 
classification of assets scheme. The OTS has issued in its place 
guidance on special mention assets and definitions of classified assets 
ensuring that both the substance and the format of its policy in this 
area conform with the guidance of the other Federal banking agencies.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            07/20/93                    58 FR 38731
NPRM Comment Period End         08/19/93                    58 FR 38731


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Catherine A. Shepard, Senior Attorney, Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW., Washington, DC 20552, 202 906-7275

RIN: 1550-AA65
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3368. RELEASE OF UNPUBLISHED INFORMATION

Priority:  Informational

Legal Authority:  5 USC 301; 12 USC 1462a; 12 USC 1463; 12 USC 1464

CFR Citation:  12 CFR 510

Legal Deadline: None

Abstract: The OTS has issued a notice of proposed rulemaking that would 
provide an orderly mechanism for processing requests received from the 
public for unpublished information while preserving the OTS's need to 
maintain confidentiality with respect to the information. The rule 
would be applicable to record and testimony requests and would not 
apply to requests for records that are required to be disclosed under 
the Freedom of Information Act.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/09/93                    58 FR 64695
NPRM Comment Period End         02/07/94                    58 FR 64695


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Valerie J. Lithotomos, Counsel (Banking and Finance), 
Regulations Legislation Division, Department of the Treasury, Office of 
Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 906-
6439

RIN: 1550-AA66
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3369. COMMUNITY REINVESTMENT ACT

Priority:  Regulatory Plan

Legal Authority:  12 USC 1462a; 12 USC 1463; 12 USC 1464; 12 USC 1467a; 
12 USC 1814; 12 USC 1816; 12 USC 1818; 12 USC 1828(c); 12 USC 2901 to 
2907

CFR Citation:  12 CFR 563e

Legal Deadline: None

Abstract: The Federal banking agencies have proposed revisions to their 
[[Page 23876]] regulations concerning the Community Reinvestment Act. 
The revisions are intended to implement the continuing and affirmative 
obligation of regulated financial institutions to help meet the credit 
needs of their communities, including low and moderate-income areas, 
consistent with safe and sound operations and to provide guidance on 
how the agencies assess the performance of institutions in meeting that 
obligation. The rule is intended to provide clarification regarding the 
nature and extent of the CRA obligation of financial institutions and 
the methods by which institutions' compliance with that obligation will 
be evaluated.
For a further description of this action, see RIN 1557-AB32 under the 
Office of the Comptroller of the Currency above.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/21/93                    58 FR 67466
NPRM Comment Period End         03/24/94                     59 FR 5138
Second NPRM                     10/07/94                    59 FR 51232
Second NPRM Comment Period End  11/21/94                    59 FR 51232


Next Action Undetermined

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Theresa Stark, Program Analyst, Specialized Programs, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552, 202 906-7054

RIN: 1550-AA69
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3370. REGULATORY CAPITAL: COMMON STOCKHOLDERS' EQUITY

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a

CFR Citation:  12 CFR 567

Legal Deadline: None

Abstract: The OTS has issued a notice of proposed rulemaking that would 
amend its minimum regulatory capital regulations by revising the 
definition of ``common stockholders' equity'' to incorporate a change 
in generally accepted accounting principles implemented by Statement of 
Financial Accounting Standards No. 115 (``SFAS No. 115''). SFAS No. 115 
requires that most debt and equity securities be reported at fair 
value, rather than at amortized cost.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            06/22/94                    59 FR 32143
NPRM Comment Period End         07/22/94                    59 FR 32143


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: John F. Connolly, Program Manager, Capital Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552, 202 906-6465

RIN: 1550-AA71
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3371. CAPITAL DISTRIBUTIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1468; 12 USC 1817; 12 USC 1828; 12 USC 3806; 42 
USC 4106

CFR Citation:  12 CFR 563

Legal Deadline: None

Abstract: The OTS has issued a notice of proposed rulemaking that would 
amend its capital distributions regulation to incorporate the 
definition of ``capital distributions'' used under prompt corrective 
action. It would allow capital distributions without notice to the OTS 
by associations that are adequately capitalized that receive a 
composite rating of 1 or 2, and that are not held by a holding company. 
Associations that will remain at least adequately capitalized after 
making a capital distribution would be permitted to make a capital 
distribution upon notice to the OTS. Applications for capital 
distributions would be accepted from troubled associations and 
undercapitalized associations but would be approved only under strict 
conditions, described in the preamble to the proposal.

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/05/94                    59 FR 62356
NPRM Comment Period End         02/03/95                    59 FR 62356


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Evelyne Bonhomme, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 
906-7052

RIN: 1550-AA72
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________

3372. LOANS TO ONE BORROWER

Priority:  Other Significant

Legal Authority:  12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1468; 12 USC 1817; 12 USC 1828; 12 USC 3806; 42 
USC 4106

CFR Citation:  12 CFR 563

Legal Deadline: None

Abstract: The OTS has taken under consideration the adoption of an 
interim final rule with request for comments to amend its regulations 
governing loans to one borrower. The rule would modify the OTS's rules 
to reflect the OCC's final regulation revising national bank lending 
limits. The changes would reduce regulatory burden.

Timetable: Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: William Magrini, Project Manager for Credit Policy, 
Supervision Policy, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW., Washington, DC 20552, 202 906-5744

RIN: 1550-AA78
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)                    Final Rule Stage
Office of Thrift Supervision (OTS)
______________________________________________________________________


3373.  UNIFORM RULES OF PRACTICE AND PROCEDURE; EX PARTE 
COMMUNICATIONS

Priority:  Informational

Legal Authority:  5 USC 556; 12 USC 1464; 12 USC 1467; 12 USC 1467a; 12 
USC 1813; 15 USC 78l

CFR Citation:  12 CFR 509

Legal Deadline: None

Abstract: The OTS has issued a notice of proposed rulemaking that would 
amend its Rules of Practice and Procedure in Adjudicatory Proceedings 
to clarify that provisions relating to ex parte communications conform 
to the requirements of the Administrative Procedure Act (APA). The 
proposal specifies that the ex parte provisions do not apply to intra-
agency communications, as they are covered by a separate provision of 
the APA. [[Page 23877]] 

Timetable:
_______________________________________________________________________

Action                            Date                      FR Cite

_______________________________________________________________________

NPRM                            12/05/94                    59 FR 62354
NPRM Comment Period End         01/04/95                    59 FR 62354


Next Action Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Karen Osterloh, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW., Washington, DC 20552, 202 
906-6639

RIN: 1550-AA80



______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Office of Thrift Supervision (OTS)
______________________________________________________________________

3374. RISK-BASED CAPITAL STANDARDS; CONCENTRATION OF CREDIT RISK 
AND RISKS OF NONTRADITIONAL ACTIVITIES

CFR Citation:  12 CFR 567

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    12/15/94                    59 FR 64561
Final Action Effective          01/17/95                    59 FR 64561

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: John F. Connolly, 202 906-6465

RIN: 1550-AA59
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Office of Thrift Supervision (OTS)
______________________________________________________________________

3375. ANNUAL INDEPENDENT AUDITS

CFR Citation:  12 CFR 550; 12 CFR 552; 12 CFR 562; 12 CFR 563; 12 CFR 
571

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    11/23/94                    59 FR 60300
Final Action Effective          12/23/94                    59 FR 60300

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: David Martens, 202 906-5645

RIN: 1550-AA68
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Office of Thrift Supervision (OTS)
______________________________________________________________________

3376. CONVERSION FROM MUTUAL TO STOCK FORM; MUTUAL SAVINGS AND LOAN 
HOLDING COMPANIES

CFR Citation:  12 CFR 563b; 12 CFR 575

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    11/30/94                    59 FR 61247
Final Action Effective          01/01/95                    59 FR 61247

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Teri M. Valocchi, 202 906-7299

RIN: 1550-AA73
______________________________________________________________________




______________________________________________________________________

DEPARTMENT OF THE TREASURY (TREAS)          Completed/Longterm Actions
Office of Thrift Supervision (OTS)
______________________________________________________________________


3377. RISK-BASED CAPITAL STANDARDS; BILATERAL NETTING REQUIREMENTS

CFR Citation:  12 CFR 567

Completed:
_______________________________________________________________________

Reason                            Date                      FR Cite

_______________________________________________________________________

Final Action                    12/28/94                    59 FR 66645
Final Action Effective          12/31/94                    59 FR 66645

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: John F. Connolly, 202 906-6465

RIN: 1550-AA75
[FR Doc. 95-6602 Filed 05-05-95; 8:45 am]
BILLING CODE 6720-01-F