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


Part XV





Department of the Treasury





_______________________________________________________________________



Semiannual Regulatory Agenda

[[Page 23288]]



DEPARTMENT OF THE TREASURY (TREAS)                                     


  



_______________________________________________________________________

DEPARTMENT OF THE TREASURY

31 CFR Subtitle A, Chs. I and II

Semiannual Agenda

AGENCY:  Department of the Treasury.

ACTION:  Semiannual regulatory agenda.

_______________________________________________________________________

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

FOR FURTHER INFORMATION CONTACT:  For additional information about a 
specific entry in the agenda, contact the ``Agency Contact'' identified 
in the item relating to that regulation.

SUPPLEMENTARY INFORMATION:  The semiannual agenda of the Department of 
the Treasury conforms to the Unified Agenda format developed by the 
Regulatory Information Service Center (RISC).

Dated:  March 15, 2000.

 Richard S. Carro,

Associate General Counsel.

                                    Departmental Offices--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2558        31 CFR ch II Possible Regulation of Access to Accounts at Financial Institutions         1505-AA74
            Through Payment Service Providers...................................................
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2559        Disclosure of Records: Freedom of Information Act...................................     1505-AA76
2560        12 CFR 1501 Comparable Requirement for National Banks Among the Second Fifty Largest     1505-AA77
            Insured National Banks..............................................................
2561        12 CFR 1500 Merchant Banking........................................................     1505-AA78
2562        12 CFR 1510 Resolution Funding Corporation Operations...............................     1505-AA79
2563        Financial Activities of Financial Subsidiaries......................................     1505-AA80
2564        Financial Subsidiaries..............................................................     1505-AA81
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2565        12 CFR part 1805 Community Development Financial Institutions Program...............     1505-AA75
----------------------------------------------------------------------------------------------------------------


                            Financial Crimes Enforcement Network--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2566        31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity           1506-AA21
            Reporting--Broker/Dealers...........................................................
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2567        31 CFR 103 Amendment to the Bank Secrecy Act Regulations Regarding Reporting of          1506-AA15
            Cross-Border Transportation of Certain Monetary Instruments.........................
2568        31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity           1506-AA22
            Reporting--Casinos..................................................................
----------------------------------------------------------------------------------------------------------------


[[Page 23289]]


                             Financial Crimes Enforcement Network--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2569        31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Requirement That Financial     1506-AA05
            Institutions Carry Out Anti-Money-Laundering Programs...............................
2570        31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Delegation of Authority to     1506-AA08
            Assess Civil Money Penalties on Depository Institutions.............................
2571        31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Special Reporting and         1506-AA19
            Recordkeeping Requirements--Money Services Businesses (MSBs)........................
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2572        31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity           1506-AA20
            Reporting--Money Services Businesses (MSBs).........................................
----------------------------------------------------------------------------------------------------------------


                                Financial Management Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2573        31 CFR 205 Rules and Procedures for Efficient Federal-State Funds Transfers.........     1510-AA38
2574        31 CFR 245 Claims on Account of Treasury Checks.....................................     1510-AA51
2575        31 CFR 285.5 Offset of Federal Payments (Other Than Tax Refund and Federal Benefit       1510-AA65
            Payments) to Collect Past-Due, Legally Enforceable Nontax Debt......................
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2576        31 CFR 240 Indorsement and Payment of Checks Drawn on the United States Treasury....     1510-AA45
2577        31 CFR 281 Foreign Exchange Operations..............................................     1510-AA48
2578        31 CFR 256 Payments Under Judgment and Private Relief Acts..........................     1510-AA52
2579        31 CFR 900 to 904 Federal Claims Collection Standards...............................     1510-AA57
2580        31 CFR 202 Depositaries and Financial Agents of the Federal Government..............     1510-AA75
2581        31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program...........     1510-AA76
2582        31 CFR 225 Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds        1510-AA77
            with Sureties.......................................................................
2583        31 CFR 285.8 Offset of Tax Refund Payment to Collect State Income Tax Obligations...     1510-AA78
2584        31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program...........     1510-AA79
2585        31 CFR 247 Regulations Governing FedSelect Check....................................     1510-AA80
2586        31 CFR 210 Federal Government Participation in the Automated Clearinghouse..........     1510-AA81
2587        31 CFR 285.8 Offset of Tax Refund Payments To Collect State Income Tax Obligations..     1510-AA82
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2588        31 CFR 285.6 Offset of Federal Payments (Other Than Tax Refund and Federal Benefit       1510-AA66
            Payments) to Collect Past-Due Debts Owed to States (Other Than Child Support).......
2589        31 CFR 285.7 Salary Offset..........................................................     1510-AA70
2590        31 CFR 285.14 Public Dissemination of Identity of Delinquent Debtors................     1510-AA72
----------------------------------------------------------------------------------------------------------------


[[Page 23290]]


                                 Financial Management Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2591        31 CFR 210 Federal Government Participation in the Automated Clearing House.........     1510-AA17
----------------------------------------------------------------------------------------------------------------


                          Bureau of Alcohol, Tobacco and Firearms--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2592        27 CFR 7 Revision of Brewery Regulations and Issuance of Regulations for Taverns on      1512-AB37
            Brewery Premises (Brewpubs).........................................................
2593        27 CFR 5.36 (e) Country of Origin Statements on Distilled Spirits Labels............     1512-AB72
2594        27 CFR 24 Implementation of Public Law 105-34, Sections 1421 and 1422...............     1512-AB75
2595        27 CFR 4 Alteration of Labels on Containers of Distilled Spirits, Wine and Beer.....     1512-AB76
2596        27 CFR 4 Amended Standard of Identity for Sherry....................................     1512-AB96
2597        27 CFR 24 Processes Authorized for the treatment of wine, juice and distilling           1512-AC05
            material............................................................................
2598        27 CFR 55 Commerce in Explosives (Including Explosives in the Fireworks Industry)...     1512-AB48
2599        27 CFR 55 Implementation of Public Law 104-208, the Omnibus Consolidated                 1512-AB73
            Appropriations Act of 1997, Relating to the Establishment of a National Repository
            for Arson and Explosives Information................................................
2600        27 CFR 178 Impl. of PL 105-277, Making Omnibus Consolidated and Emergency                1512-AB83
            Supplemental Appropriations for FY 1999, Relating to the Permanent Provisions of the
            Brady Handgun Violence Prevention Act...............................................
2601        27 CFR 178 PL 105-277, Making Omnibus Consolidated and Emergency Supplemental            1512-AB93
            Appropriations for FY99, Relating to Firearms Disabilities for Non-Immigrant Aliens.
----------------------------------------------------------------------------------------------------------------


                            Bureau of Alcohol, Tobacco and Firearms--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2602        27 CFR 9 American Viticultural Areas................................................     1512-AA07
2603        27 CFR 5 Labeling of Unaged Grape Brandy............................................     1512-AB46
2604        27 CFR 19.11 Distilled Spirits Plant Regulatory Initiative Proposal.................     1512-AB58
2605        27 CFR 24.278 Implementation of Wine Credit Provisions of Public Law 104-188........     1512-AB65
2606        27 CFR 24.178 Implementation of PL 105-34, Section 1417, Related to the Use of           1512-AB78
            Ameliorating Material in Certain Wines..............................................
2607        27 CFR 4.21 Labeling of Flavored Wine Products......................................     1512-AB86
2608        27 CFR 4 to 5 Prohibition of Alcohol Beverage Containers and Standard of Fill for        1512-AB89
            Distilled Spirits and Wine..........................................................
2609        27 CFR 4 Health Claims and Other Health Related Statements in the Labeling and           1512-AB97
            Advertising of Alcohol Beverages....................................................
2610        27 CFR 4.91 New Grape Varietal (Dornfelder).........................................     1512-AC03
2611        27 CFR 178 Commerce in Firearms and Ammunition (Omnibus Consolidated Appropriations      1512-AB64
            Act of 1997)........................................................................
2612        27 CFR 178 Residency Requirement for Persons Acquiring Firearms.....................     1512-AB66
2613        27 CFR 178 Identification Markings Placed on Firearms...............................     1512-AB84
2614        27 CFR 47 Importation of Arms, Ammunition and Implements of War.....................     1512-AC02
2615        5 CFR 1320.7 (f)(2) Implementation of the Paperwork Reduction Act...................     1512-AB90
2616        27 CFR 18 Delegation of Authority in 27 CFR part 18.................................     1512-AB99
2617        27 CFR 10 Delegation of Authority in 27 CFR parts 6, 8, 10 and 11...................     1512-AC01
2618        27 CFR 47 Delegation of Authority in 27 CFR Part 47.................................     1512-AC04
2619        27 CFR 19 Delegation of Authority in 27 CFR Part 19.................................     1512-AC06
2620        27 CFR 270 Implementation of Public Law 105-33, Section 9302, Related to the             1512-AB92
            Imposition of Permit Requirements on Roll-Your-Own Tobacco..........................
2621        27 CFR 275 Implementation of Public Law 105-33, Section 9302, Requiring the              1512-AC07
            Qualification of Tobacco Product Importers and Miscellaneous Technical Amendments...
----------------------------------------------------------------------------------------------------------------


[[Page 23291]]


                           Bureau of Alcohol, Tobacco and Firearms--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2622        27 CFR 252 Exportation of Liquors...................................................     1512-AA98
2623        27 CFR 7 Alcoholic Content Labeling for Malt Beverages..............................     1512-AB17
2624        27 CFR 22.21 Distribution and Use of Tax-Free Alcohol...............................     1512-AB51
2625        27 CFR 20 Distribution of Denatured Alcohol and Rum.................................     1512-AB57
2626        27 CFR 18.56 Production of Volatile Fruit Flavored Concentrate......................     1512-AB59
2627        27 CFR 21.3 Formulas for Denatured Alcohol and Rum..................................     1512-AB60
2628        27 CFR 24.66 Implementation of Public Law 105-34, Section 1416 Relating to Refund of     1512-AB74
            Tax for Domestic Wine Returned to Bond Regardless of Merchantability (Taxpayer
            Relief Act of 1997).................................................................
2629        27 CFR 70 Recodification of Statement of Procedural Rules...........................     1512-AB54
2630        27 CFR 290 Exportation of Tobacco Products and Cigarette Papers and Tubes, Without       1512-AB03
            Payment of Tax, or With Drawback of Tax.............................................
2631        27 CFR 200 Balanced Budget Act of 1997-PL 105-33, Restriction on the Importation of      1512-AB81
            Domestic Tobacco Products and Cigarette Papers and Tubes Returned to the United
            States..............................................................................
----------------------------------------------------------------------------------------------------------------


                           Bureau of Alcohol, Tobacco and Firearms--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2632        27 CFR 296 Implementation of PL 105-33, Section 9302, Related to the Floor Stocks        1512-AB95
            Tax on Tobacco Products and Cigarette Papers and Tubes..............................
2633        27 CFR 4 Delegation of Authority in 27 CFR parts 4, 5 and 7.........................     1512-AB98
2634        27 CFR 270 Tobacco Products and Cigarette Papers and Tubes Tax Increases for January     1512-AB88
            1, 2000, and January 1, 2002........................................................
----------------------------------------------------------------------------------------------------------------


                                   Bureau of the Public Debt--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2635        31 CFR 380 (New) Regulations Governing Collateral Acceptability and Valuation.......     1535-AA00
----------------------------------------------------------------------------------------------------------------


                                Comptroller of the Currency--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2636        12 CFR 3 Capital Rules..............................................................     1557-AB14
2637        12 CFR 19 Uniform Rules of Practice and Procedure; Regulation Review................     1557-AB43
2638        12 CFR 21 Minimum Security Devices and Procedures...................................     1557-AB71
2639        Debt Cancellation Contracts.........................................................     1557-AB75
2640        Electronic Banking..................................................................     1557-AB76
2641        Fair Credit Reporting Act...........................................................     1557-AB78
2642        12 CFR 7 Bank Activities and Operations; Fiduciary Activities of National Banks.....     1557-AB79
2643        Insurance Customer Protection.......................................................     1557-AB81
2644        12 CFR 7 Bank Activities and Operations; Lending Limits.............................     1557-AB82
2645        31 CFR 1 Notice of Exempt Privacy Act Systems of Records............................     1557-AB83
----------------------------------------------------------------------------------------------------------------


                                  Comptroller of the Currency--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2646        12 CFR 8 Assessment of Fees; National Banks; District of Columbia Banks.............     1557-AB72

[[Page 23292]]

 
2647        12 CFR 40 Privacy...................................................................     1557-AB77
----------------------------------------------------------------------------------------------------------------


                                 Comptroller of the Currency--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2648        12 CFR 12 Qualification Requirements for Transactions in Certain Securities.........     1557-AB54
2649         Rules and Procedures for Claims Against OCC-Appointed Receiverships for Uninsured       1557-AB59
            Financial Institutions..............................................................
2650        12 CFR 34 Real Estate Appraisals....................................................     1557-AB70
----------------------------------------------------------------------------------------------------------------


                                 Comptroller of the Currency--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2651        12 CFR 30 app B Interagency Guidelines Establishing Year 2000 Standards for Safety       1557-AB67
            and Soundness.......................................................................
2652        12 CFR 24 Community Development Corporations, Community Development Projects, and        1557-AB69
            Other Public Welfare Investments....................................................
2653        12 CFR 30 Guidelines Establishing Year 2000 Standards for Safety and Soundness for       1557-AB73
            National Bank Transfer Agents and Broker-Dealers....................................
2654        12 CFR 22.6 Loans in Areas Having Special Flood Hazards.............................     1557-AB74
2655        12 CFR 5 Financial Subsidiaries and Operating Subsidiaries..........................     1557-AB80
----------------------------------------------------------------------------------------------------------------


                               United States Customs Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2656        19 CFR 159 Liquidation; Extension; Suspension.......................................     1515-AB66
2657        19 CFR 12 Detention, Seizure, and Forfeiture of ``Bootleg'' Sound Recording and          1515-AB74
            Music Videos of Live Musical Performances...........................................
2658        19 CFR 142 Reconciliation...........................................................     1515-AB85
2659        19 CFR 111 Remote Location Filing...................................................     1515-AC23
2660        19 CFR 102 NAFTA Preference Override................................................     1515-AC25
2661        19 CFR 143 Informal Entry of Low-Value Duty-Free Merchandise........................     1515-AC38
2662        19 CFR 12 Amended Bond Procedures for Articles Subject to Exclusion Orders Issued by     1515-AC43
            the U.S. International Trade Commission.............................................
2663        19 CFR 19 Personal Use Limitation for Purchases at Duty-Free Stores.................     1515-AC50
2664        19 CFR 177 Administrative Rulings...................................................     1515-AC56
2665        19 CFR 4 General Order Warehouses...................................................     1515-AC57
2666        19 CFR 4 Deferral of Duty on Large Yachts Imported for Sale.........................     1515-AC58
2667        19 CFR 10 Civil Aircraft............................................................     1515-AC59
----------------------------------------------------------------------------------------------------------------


                                 United States Customs Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2668        19 CFR 24 Interest on Underpayments and Overpayments of Customs Duties, Fees and         1515-AB76
            Interest............................................................................
2669        19 CFR 181 North American Free Trade Agreement (NAFTA) -- Implementation of Duty-        1515-AB87
            Deferral Program Provisions.........................................................
2670        19 CFR 103 Electronic Requests for Confidential Treatment of Export Manifest Data...     1515-AB89
2671        19 CFR 12 Entry of Softwood Lumber Shipments From Canada............................     1515-AB97
2672        19 CFR 171 Petitions for Relief; Seizures, Penalties, and Liquidated Damages........     1515-AC01

[[Page 23293]]

 
2673        19 CFR 171 Guidelines for the Imposition and Mitigation of Penalties for Violation       1515-AC08
            of 19 USC 1592......................................................................
2674        19 CFR 141 Customs Entry Documentation Pursuant to Anticounterfeiting Consumer           1515-AC15
            Protection Act......................................................................
2675        19 CFR 4 Foreign Repairs to American Vessels........................................     1515-AC30
2676        19 CFR 134 Country of Origin Marking................................................     1515-AC32
2677        19 CFR 4 Vessel Equipment Temporarily Landed for Repair.............................     1515-AC35
2678        19 CFR 12 Forced or Indentured Child Labor..........................................     1515-AC36
2679        19 CFR 24 Expanded Methods of Payment of Duties, Taxes, Interest and Fees...........     1515-AC40
2680        19 CFR 113 Importation and Entry Bond Conditions Regarding Other Agency                  1515-AC44
            Documentation Requirements..........................................................
2681        19 CFR 113 Assessment of Liquidated Damages Regarding Imported Merchandise That Is       1515-AC45
            Not Admissible Under the Food, Drug and Cosmetic Act................................
2682        19 CFR 24 Endorsement of Checks Deposited by U.S. Customs Service...................     1515-AC48
2683        19 CFR 19 Location of Duty-Free Stores..............................................     1515-AC53
2684        19 CFR 132 Export Certificates for Lamb Meat Subject to Tariff-Rate Quota...........     1515-AC54
2685        19 CFR 132 Export Certificates for Sugar-containing Products Subject to Tariff-rate      1515-AC55
            Quota...............................................................................
2686        19 CFR 162 Summary Forfeiture of Controlled Substances..............................     1515-AC60
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2687        19 CFR 4 Harbor Maintenance Fee.....................................................     1515-AA57
2688        19 CFR 24 Donated Cargo Exemption From Harbor Maintenance Fee.......................     1515-AA87
2689        19 CFR 113 Automated Surety Interface...............................................     1515-AB25
2690        19 CFR 24 Fees Assessed for Defaulted Payments......................................     1515-AB38
2691        19 CFR 12 Textiles and Textile Products Subject to Textile Trade Agreements.........     1515-AB54
2692        19 CFR 134 Country-of-Origin Marking Requirements for Frozen Produce Packages.......     1515-AB61
2693        19 CFR 134 Country-of-Origin Marking for Watches....................................     1515-AB68
2694        19 CFR 148 Treatment of Merchandise Imported by Foreign Governments or Designated        1515-AB92
            International Organizations.........................................................
2695        19 CFR 12 Determination of the Country of Origin of Textiles and Textile Products...     1515-AC00
2696        19 CFR 123 Designated Land Border Crossing Locations for Certain Conveyances........     1515-AC12
2697        19 CFR 103 Public Disclosure of Aircraft Manifests..................................     1515-AC13
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2698        19 CFR 102 Rules of Origin..........................................................     1515-AB19
2699        19 CFR 12 Importation of Chemicals Subject to the Toxic Substances Control Act......     1515-AC04
2700        19 CFR 162 Penalties for False Drawback Claims......................................     1515-AC21
2701        19 CFR 4 Boarding of Vessels in the United States...................................     1515-AC29
2702        19 CFR 111 Customs Brokers..........................................................     1515-AC34
2703        19 CFR 12 Import Restrictions Imposed on Certain Khmer Stone Archeological Material      1515-AC52
            of the Kingdom of Cambodia..........................................................
----------------------------------------------------------------------------------------------------------------


                                  Internal Revenue Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2704        Income Tax--Reciprocal Exemptions for Certain Transportation Income.................     1545-AJ57
2705        Source Rules for Personal Property Sales............................................     1545-AJ83
2706        Foreign Insurance Companies.........................................................     1545-AL82
2707        Clarification of Treatment of Separate Limitation Losses............................     1545-AM11

[[Page 23294]]

 
2708        Section 361 Outbound Transfers of Property to Foreign Corporations..................     1545-AM97
2709        Foreign Insurance Company--Domestic Election........................................     1545-AO25
2710        Foreign Grantor Trusts..............................................................     1545-AO75
2711        Information Reporting and Record Maintenance Under Section 6038C....................     1545-AP10
2712        Integrated Financial Transaction....................................................     1545-AR20
2713        Section 6048 Regulations............................................................     1545-AR25
2714        Applications of Section 1503(d) to Partnerships and Other Items.....................     1545-AR26
2715        Intercompany Transfer Pricing for Services..........................................     1545-AR32
2716        Coordination of Pre-1987 Deemed Paid Taxes..........................................     1545-AT85
2717        Reporting Requirements for Widely Held Fixed Investment Trusts......................     1545-AU15
2718        Civil Cause of Action for Certain Unlawful Collection Actions.......................     1545-AU68
2719        Electing Small Business Trust.......................................................     1545-AU76
2720        Source Rules for Payments Made Pursuant to Certain Swap Arrangements................     1545-AU89
2721        Application of Attribution Rules to Foreign Trusts..................................     1545-AU91
2722        Special Rules Applicable to Sales of Debt Instrument Between Record Dates and the        1545-AU95
            End of Accrual Periods..............................................................
2723        Agreements for Payment of Tax Liabilities in Installments...........................     1545-AU97
2724        Return of Levied Property in Certain Cases..........................................     1545-AV01
2725        Removal of Temporary Regulations....................................................     1545-AV36
2726        Removal of Temporary Regulations That Provide Rules for Substantiating Travel            1545-AV55
            Expense Deductions for Members of Congress..........................................
2727        Foreign Tax Credit Anti-Abuse Regulation............................................     1545-AV97
2728        Merchandise.........................................................................     1545-AW00
2729        HIPAA Nondiscrimination Rules.......................................................     1545-AW02
2730        Transportation of Persons and Property by Air--Sections 4261 and 4271...............     1545-AW19
2731        Estate Tax Deduction for Qualified Family-Owned Business Interests (QFOBI)..........     1545-AW21
2732        Election To Treat Trust as Estate--Section 645......................................     1545-AW24
2733        Corporate Tax Shelter Registration..................................................     1545-AW26
2734        Section 411(d)(6); Protected Benefits Exceptions....................................     1545-AW27
2735        Section 988--Contingent Debt Instrument.............................................     1545-AW33
2736        Capital Gain Guidance Relating to CRTs..............................................     1545-AW35
2737        Disregarded Entities................................................................     1545-AW36
2738        Middleman Regulation Under Sections 6041 and 6045...................................     1545-AW48
2739        Source of Income for Space and Certain Ocean Activities and for International            1545-AW50
            Communications Income...............................................................
2740        Merchandise Regulation..............................................................     1545-AW61
2741        Relief From Joint and Several Liability on Joint Return.............................     1545-AW64
2742        Information Reporting for Payments of Tuition and Interest on Education Loans.......     1545-AW67
2743        Constructive Sales of Appreciated Financial Positions...............................     1545-AW97
2744        Qualified Offers....................................................................     1545-AW99
2745        Qualified Offers....................................................................     1545-AX00
2746        Rules for Sourcing Certain Transportation Income, Space or Ocean Activity Income and     1545-AX02
            Related Foreign Base Company Shipping Income........................................
2747        Notice of Contact of Third Parties - Sec 7602(c)....................................     1545-AX04
2748        Highway Vehicle - Definition........................................................     1545-AX10
2749        Deposit of Excise Taxes - Revision..................................................     1545-AX11
2750        Guidance on Cost Recovery in the Entertainment Industry.............................     1545-AX12
2751        Straddles - one side larger than the other..........................................     1545-AX16
2752        Coordination of sections 755 and 1060...............................................     1545-AX18
2753        Dollar-Value LIFO Regulations.......................................................     1545-AX20
2754        Definition of Accounting Method.....................................................     1545-AX21
2755        Sections 401(k) and 410(m) Cash or Deferred Arrangements............................     1545-AX26
2756        Exclusion of Gain on the Sale or Exchange of Principal Residence....................     1545-AX28
2757        Special Rules for Retroactive Payments Under Section 417(a)(7)(a) for Qualified          1545-AX34
            Retirement Plans....................................................................
2758        Advance Payments....................................................................     1545-AX36
2759        Definition of ``Issued'' with regard to Chief Counsel Advice........................     1545-AX40
2760        Partnership Mergers and Divisions...................................................     1545-AX42
2761        401(k) and 401(m) Regulations.......................................................     1545-AX43
2762        Notional Principal Contracts and Other Financial Products...........................     1545-AX45
2763        Section 7430 Regulations............................................................     1545-AX46
2764        Section 414(q) Regulation...........................................................     1545-AX48

[[Page 23295]]

 
2765        Section 1374 Timber.................................................................     1545-AX50
2766        Address Correction..................................................................     1545-AX51
2767        Compensation deferred under eligible section 457(b) plans. (Section 457 Regulations)     1545-AX52
2768        Tax on Insurance Companies Other Than Life Insurance Companies......................     1545-AX54
2769        Definition of Private Activity Bond--Refunding Regulations..........................     1545-AX55
2770        Alternative Agents of the Group Under Section 1.1502-77T............................     1545-AX56
2771        Permitted Election Changes Under Section 125........................................     1545-AX59
2772        Stock Transfer Rules: Carryover of Earnings and Taxes...............................     1545-AX65
2773        Equity Options with Flexible Terms..................................................     1545-AX66
2774        Loans Under Section 72(p)...........................................................     1545-AX68
2775        Tiered Structures-ESBTs and ESOPs...................................................     1545-AX71
2776        Lifetime Charitable Lead Trusts.....................................................     1545-AX74
2777        Clarification of entity classification rules regarding entities classified as            1545-AX75
            corporations........................................................................
2778        Modification to section 367(a) Stock Transfer Regulations...........................     1545-AX77
2779        Definition of passive foreign investment company under section 1297.................     1545-AX78
2780        Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters.......     1545-AX79
2781        Tax Shelter Disclosure Statements...................................................     1545-AX81
2782        Corporate Tax Shelter Regulation....................................................     1545-AX83
2783        Disclosure of Return and Return Information to Designee of Taxpayer.................     1545-AX85
2784        Procurement/Purchasing Card Reporting...............................................     1545-AX86
2785        Application of Separate Foreign Tax Credit Limitations..............................     1545-AX88
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2786        Income Tax--Taxpayer's Obligation To File a Notice of Redetermination of Foreign Tax     1545-AC09
            and Civil Penalties for Failure to File.............................................
2787        Loans Treated as Distributions......................................................     1545-AE41
2788        Regulations Under Section 367 To Reflect Section 131 of the Tax Reform Act of 1984       1545-AK74
            (Pub. L. 98-369)....................................................................
2789        Nonrecognition of Corporate Distributions and Reorganizations Under the Foreign          1545-AK79
            Investment in Real Property Tax Act.................................................
2790        Computation of a Branch's Taxable Income; Taxation of Exchange Gain or Loss on           1545-AM12
            Branch Remittances..................................................................
2791        Earnings and Profits of Controlled Foreign Corporations.............................     1545-AM90
2792        Limitations on Passive Activity Losses and Credits--Self-Charged Items..............     1545-AN64
2793        Earnings Stripping Payments.........................................................     1545-AO24
2794        Credit For Increasing Research Activities...........................................     1545-AO51
2795        Fringe Benefit Sourcing Under Section 861...........................................     1545-AO72
2796        Taxation of Global Trading..........................................................     1545-AP01
2797        Charitable Contributions............................................................     1545-AP30
2798        Section 1.163-1(b)(2)...............................................................     1545-AP33
2799        Accounting for Long-Term Contracts..................................................     1545-AQ30
2800        Telefile Voice Signatures Test......................................................     1545-AQ68
2801        Definition of ``Highly Compensated Employee''.......................................     1545-AQ74
2802        Rules for Property Produced in a Farming Business...................................     1545-AQ91
2803        Escrow Funds and Other Similar Funds................................................     1545-AR82
2804        Passive Foreign Investment Companies -- Special Rules for Foreign Banks and              1545-AS46
            Securities Dealers..................................................................
2805        Diesel Fuel Excise Tax; Dye Injection Systems and Markers...........................     1545-AT18
2806        Proposed Regulation Under Sections 882 and 884......................................     1545-AT96
2807        Treatment of Obligation-Shifting Transactions.......................................     1545-AU19
2808        Relief From Disqualification for Plans Accepting Rollovers..........................     1545-AU46
2809        Legending of REMIC Certificates.....................................................     1545-AU96
2810        Deposits of Excise Taxes............................................................     1545-AV02
2811        Regulations Under Sections 871, 881, and 894 Regarding Payments to Partnerships, and     1545-AV10
            Other Transparent Arrangements......................................................
2812        Research Credit II..................................................................     1545-AV14
2813        Qualified State Tuition Programs....................................................     1545-AV18

[[Page 23296]]

 
2814        Regulations Under Section 1441 Regarding the Electronic Transmission of Withholding      1545-AV27
            Certificates........................................................................
2815        Private Activity Bond Rules for Output Facilities...................................     1545-AV47
2816        Clarification of 4958 Excise Taxes..................................................     1545-AV60
2817        Kerosene Tax; Aviation Fuel Tax; Tax on Heavy Trucks and Trailers...................     1545-AV71
2818        Qualified Zone Academy Bonds........................................................     1545-AV75
2819        Continuity of Interest..............................................................     1545-AV81
2820        Disclosure of Return Information to the Bureau of the Census........................     1545-AV84
2821        Warrants and Nonqualified Preferred Stock...........................................     1545-AV86
2822        Consolidated Returns--Limitations on the Use of Certain Losses and Credits..........     1545-AV88
2823        Relief for Presidentially Declared Disaster.........................................     1545-AV92
2824        Consolidated Returns--Limitations on the Use of Certain Losses and Credits..........     1545-AV99
2825        Averaging of Farm Income............................................................     1545-AW05
2826        Mark-to-Market Accounting for Dealers in Commodities and Traders in Securities and       1545-AW06
            Commodities.........................................................................
2827        Stocks and Securities Safe Harbor Exception.........................................     1545-AW13
2828        Qualified Lessee Construction Allowances for Short-Term Leases......................     1545-AW16
2829        Definition of Contribution in Aid of Construction Under Subsection 118(c)(3)(A).....     1545-AW17
2830        Capital Gains and Partnership Provisions............................................     1545-AW22
2831        Intercompany Obligations............................................................     1545-AW30
2832        Retention of Income Tax Return Preparer's Signatures................................     1545-AW52
2833        Guidance Under Section 1032.........................................................     1545-AW53
2834        Modification of Section 263A Regulations............................................     1545-AW54
2835        Increase in Cashout Limit Under Sections 411(a)(7), 411(a)(11), and 417(e)(1).......     1545-AW59
2836        Guidance Under Section 355(d).......................................................     1545-AW71
2837        Reporting of Payments to Attorney...................................................     1545-AW72
2838        Modifications and Additions to the Unified Partnership Audit Procedures.............     1545-AW86
2839        Certain Asset Transfers to Regulated Investment Companies (RICs) and Real Estate         1545-AW92
            Investment Trusts (REITs)...........................................................
2840        Continuation Coverage Requirements Applicable to Group Health Plans.................     1545-AW94
2841        Qualified Zone Academy Bonds Credit Rate............................................     1545-AX03
2842        Allocation of Research Credit.......................................................     1545-AX05
2843        Delay Rental Payments...............................................................     1545-AX06
2844        Valuation Tables....................................................................     1545-AX07
2845        Allocation of Partnership Debt......................................................     1545-AX09
2846        Definition of Grantor...............................................................     1545-AX25
2847        351(g) Guidance Project.............................................................     1545-AX38
2848        Changes in Entity Classification: Special Rule for Certain Foreign Eligible Entities     1545-AX39
2849        Grouping Rules for Foreign Sales Corporation Transfer Pricing.......................     1545-AX41
2850        Changes to Section 1441 Regulations Effective January 1, 2000.......................     1545-AX53
2851        Modification of the Solely-For-Voting Stock Requirement in Certain Corporate             1545-AX57
            Reorganizations.....................................................................
2852        Permitted Election Changes Under Section 125........................................     1545-AX58
2853        Reopenings..........................................................................     1545-AX60
2854        Prevention of Abuse of Charitable Remainder Trusts..................................     1545-AX62
2855        Stock Transfer Rules: Supplemental Rules............................................     1545-AX63
2856        Disclosures of Return Information to Officers and Employees of the Department of         1545-AX69
            Agriculture for Certain Statistical Purposes and Related Activities.................
2857        Allocation and Apportionment of Interest Expense and Certain Other Expenses.........     1545-AX72
2858        Applying Section 197 to Partnership Transactions....................................     1545-AX73
2859        Clarification of Entity Classification Rules Regarding Entities Classified as            1545-AX76
            Corporations (Temporary)............................................................
2860        Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters            1545-AX80
            (Temporary).........................................................................
2861        Tax Shelter Disclosure Statements (Temporary).......................................     1545-AX82
2862        HIPAA Portability...................................................................     1545-AX84
2863        Special Rules for Output Facilities.................................................     1545-AX87
----------------------------------------------------------------------------------------------------------------


[[Page 23297]]


                                   Internal Revenue Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2864        Income Tax--Definition of Qualified Possession Source Investment Income for Purposes     1545-AC10
            of Puerto Rico and Possession Tax Credit............................................
2865        Treatment of Funded Welfare Benefit Plans...........................................     1545-AG14
2866        Golden Parachute Payments...........................................................     1545-AH49
2867        FSC Transfer Pricing Rules, Distributions, Dividends Received, Deduction, and Other      1545-AI16
            Special Rules for FSC...............................................................
2868        Information From Passport and Immigration Applicants................................     1545-AJ93
2869        Income of Foreign Governments and International Organizations.......................     1545-AL93
2870        CBI Investments of Section 936 Funds................................................     1545-AM91
2871        Railroad Unemployment Repayment Tax.................................................     1545-AN40
2872        Consolidated Alternative Minimum Tax................................................     1545-AN73
2873        Conforming Taxable Years of CFCs and FPHCs: 1989 Change.............................     1545-AO22
2874        Guidance in Notice 89-37, Which Treats the Receipt of a Corporate Partner's Stock by     1545-AP52
            the Corporate Partner as a Circumvention of General Utilities Repeal................
2875        Use of GAAP Earnings as E&P of Foreign Corporations.................................     1545-AQ55
2876        Interest-Free Adjustments...........................................................     1545-AQ61
2877        The Treatment of Accelerated Death Benefits Under Sections 101, 7702 and 7702A of        1545-AQ70
            the Internal Revenue Code...........................................................
2878        Mark-to-Market Upon Disposition.....................................................     1545-AS85
2879        Straddles--Miscellaneous Issues.....................................................     1545-AT46
2880        Effect of the Family and Medical Leave Act on the Operation of Cafeteria Plans......     1545-AT47
2881        Allocation of Accrued Benefits Between Employer and Employee Contributions..........     1545-AT82
2882        Application of Grantor Trust Rules to Nonexempt Employees' Trust....................     1545-AU29
2883        Recomputation of Life Insurance Reserves............................................     1545-AU49
2884        FASIT--Start-up/Operational/Transition..............................................     1545-AU94
2885        Definition of ``Private Activity Bonds''--Allocation and Accounting Regulations.....     1545-AU98
2886        Withdrawal of Notice of Federal Tax Lien............................................     1545-AV00
2887        Electronic Tip Reporting............................................................     1545-AV28
2888        EIC Eligibility.....................................................................     1545-AV61
2889        Required Distributions From Qualified Plans and Individual Retirement Plans.........     1545-AV82
2890        Interest on Education Loans.........................................................     1545-AW01
2891        Allocation of Loss on Disposition of Personal Property..............................     1545-AW09
2892        GRAT and Notes......................................................................     1545-AW25
2893        Payment of Taxes by Credit Card and Debit Card......................................     1545-AW37
2894        Conversion to the Euro..............................................................     1545-AW43
2895        Section 148--Clarification of the Treatment of Prepayments..........................     1545-AW44
2896        Guidance Under Subpart F Relating to Certain Hybrid Transactions....................     1545-AW63
2897        Education Credits...................................................................     1545-AW65
2898        Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibility     1545-AW73
2899        Section 355(e) Guidance.............................................................     1545-AW79
2900        Timely Mailing Treated as Timely Filing/Electronic Postmark.........................     1545-AW81
2901        Compromises.........................................................................     1545-AW88
2902        Notice and Opportunity for Hearing Before Levy......................................     1545-AW90
2903        Notice and Opportunity for Hearing Upon Filing of Notice of Lien....................     1545-AW91
2904        Transfer of REMIC Residual Interest.................................................     1545-AW98
2905        GST Issues..........................................................................     1545-AX08
2906        Definition of Last Known Address....................................................     1545-AX13
2907        Change of Annual Accounting Period..................................................     1545-AX15
2908        Guaranteed Investment Contracts.....................................................     1545-AX22
2909        Extension of Time to Electronically File Information Returns, Limitation of Penalty      1545-AX31
            for Individual's Failure to Pay During Period of Installment Agreement..............
2910        Qualified Transportation Fringe Benefits............................................     1545-AX33
2911        Definition of Hyperinflationary Currency for Purposes of Section 988................     1545-AX67
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2912        Income Tax--Deduction for Certain Foreign Deferred Compensation Plans...............     1545-AD81

[[Page 23298]]

 
2913        Income Tax--Part 1--Stock Transfer Rules............................................     1545-AI32
2914        6046A--Returns as to Acquisitions and Dispositions of Foreign Partnership Interests.     1545-AK75
2915        Allocation and Apportionment of Interest Expense and Certain Other Expenses.........     1545-AM20
2916        Mark-to-Market Method of Accounting Under Section 988...............................     1545-AP78
2917        Statement of Procedural Rules -- Part 601.702 Appendix B - Internal Revenue Service -    1545-AR99
             31 CFR Part 1......................................................................
2918        Adjustments Following Sales of Partnership Interests................................     1545-AS39
2919        Intangible Asset Amortization.......................................................     1545-AS77
2920        Passthrough of Items to Shareholders................................................     1545-AT52
2921        Substantiation of Expenses -- Receipt Threshold.....................................     1545-AT97
2922        Inflation-Indexed Securities........................................................     1545-AU45
2923        Determination of Earned Premiums....................................................     1545-AU60
2924        S Corporation Subsidiaries..........................................................     1545-AU77
2925        Return of Partnership Income--Section 6031..........................................     1545-AU99
2926        Recharacterizing Financing Arrangements Involving Fast-pay stock....................     1545-AV07
2927        Taxpayer Identification Numbers (TINs) for Adopted Children.........................     1545-AV08
2928        Guidance Under Subpart F Relating to Partnerships...................................     1545-AV11
2929        Treatment of Elective Entity Classification Changes--7701...........................     1545-AV16
2930        Remedial Amendment Period...........................................................     1545-AV22
2931        General Rules for Making and Maintaining Qualified Electing Fund Elections..........     1545-AV39
2932        Regulations Under Section 1441 Regarding Withholding on Sales of Debt Obligations        1545-AV41
            Between Interest Payment Dates......................................................
2933        Compliance Monitoring and Miscellaneous Issues Relating to the Low Income Housing        1545-AV44
            Credit..............................................................................
2934        Marital Deduction (Estate of Hubert)................................................     1545-AV45
2935        Equity Options Without Standard Terms...............................................     1545-AV48
2936        Revision of Tax Refund Offset Program...............................................     1545-AV50
2937        Purchase Price Allocation...........................................................     1545-AV58
2938        Prepaid Telephone Cards.............................................................     1545-AV63
2939        New Lines of Business Prohibited Under Section 936(j)(9)(B).........................     1545-AV68
2940        Substantiation of Business Expenses--Use of Mileage Rates To Substantiate Automobile     1545-AV87
            Expenses............................................................................
2941        Travel and Tour Activity of Tax-Exempt Organization.................................     1545-AW10
2942        Partnership Returns Required on Magnetic Media......................................     1545-AW14
2943        Adequate Disclosure of Gifts........................................................     1545-AW20
2944        Acquisition of an S Corporation by a Member of a Consolidated Group.................     1545-AW32
2945        Separate Share Rules/Estates........................................................     1545-AW57
2946        Definition of the Term ``Marketable Stock'' Under Section 1296(e)(1)(A).............     1545-AW69
2947        New Technologies in Retirement Plans................................................     1545-AW78
2948        Definition of Private Activity Bonds--Refunding Regulations.........................     1545-AW89
2949        Private Foundation Disclosure Rules.................................................     1545-AW96
2950        Suspension of Interest and Penalties where Secretary fails to contact taxpayer......     1545-AX17
2951        Use of Penalty Mail in the Location and Recovery of Missing Children................     1545-AX29
2952        Related Party Interest Capitalization...............................................     1545-AX37
2953        Section 1441 Final Regulations......................................................     1545-AX44
2954        Reopenings (Temporary Rule).........................................................     1545-AX61
2955        Stock Transfer Rules: Supplemental Rules (Temporary)................................     1545-AX64
2956        Disclosures of Return Information to Officers and Employees of the Department of         1545-AX70
            Agriculture for Certain Statistical and Related Activities (Temporary Regulation)...
----------------------------------------------------------------------------------------------------------------


                                   Office of Thrift Supervision--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2957        12 CFR 560 Responsible Alternative Mortgage Lending.................................     1550-AB37
----------------------------------------------------------------------------------------------------------------


[[Page 23299]]


                                Office of Thrift Supervision--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2958        12 CFR 567 Capital Rules............................................................     1550-AB11
2959        12 CFR 516 Application Processing...................................................     1550-AB14
2960        12 CFR 545 Types of Offices.........................................................     1550-AB18
2961        12 CFR 545 Directors and Officers...................................................     1550-AB19
2962        12 CFR 545 Non-Deposit Investment Products..........................................     1550-AB22
2963        12 CFR 563b Conversions.............................................................     1550-AB24
2964        12 CFR 590 Due on Sale and Usury Preemption.........................................     1550-AB25
2965        12 CFR 584 Holding Company Activities...............................................     1550-AB29
2966        12 CFR 500 Organizational Regulations...............................................     1550-AB30
2967        12 CFR Part 573 Community Reinvestment Act Disclosure...............................     1550-AB32
2968        Fair Credit Reporting...............................................................     1550-AB33
2969        Insurance Customer Protections......................................................     1550-AB34
2970        12 CFR Part 552 Amendment to Preapproved Bylaws.....................................     1550-AB39
2971        12 CFR 559 Community Development Investments........................................     1550-AB40
2972        12 CFR 559 Subordinate Organizations Updates........................................     1550-AB41
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2973        Privacy: Nonpublic Personal Information.............................................     1550-AB36
2974        12 CFR Part 563 Transfer and Repurchase of Government Securities....................     1550-AB38
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2975        12 CFR 584 Exempt Savings and Loan Holding Companies................................     1550-AB26
2976        12 CFR 570 Year 2000 Safety and Soundness Guidelines................................     1550-AB27
2977        12 CFR 572 Loans in Areas Having Special Flood Hazards..............................     1550-AB31
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


Departmental Offices (DO)



_______________________________________________________________________




2558. POSSIBLE REGULATION OF ACCESS TO ACCOUNTS AT FINANCIAL 
INSTITUTIONS THROUGH PAYMENT SERVICE PROVIDERS

Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is 
undetermined.

Unfunded Mandates: Undetermined

Legal Authority: 31 USC 321; 31 USC 3332

CFR Citation: 31 CFR ch II

Legal Deadline: None

Abstract: Treasury is seeking comment on whether it should propose 
regulations regarding arrangements between insured financial 
institutions and nondepository payment service providers (e.g., check 
cashers) governing access to Federal electronic payments. Commenters 
are asked to address the question of whether these arrangements should 
be federally regulated and, if they should, how those regulations 
should be structured.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           01/08/99                     64 FR 1149
ANPRM Comment Period End        04/08/99
NPRM                            06/00/00
NPRM Comment Period End         09/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Roger Bezdek, Senior Advisor for Fiscal Management, 
Department of the Treasury, Room 2064C, 1500 Pennsylvania Avenue NW, 
Washington, DC 20220
Phone: 202 622-1807

RIN: 1505-AA74

[[Page 23300]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Departmental Offices (DO)



_______________________________________________________________________




2559.  DISCLOSURE OF RECORDS: FREEDOM OF INFORMATION ACT

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 301; 31 USC 321; 5 USC 552

CFR Citation: 31 CFR 1

Legal Deadline: None

Abstract: This final rule revises Treasury's regulations governing 
administration of the Freedom of Information Act. The revisions 
incorporate the Electronic Freedom of Information Act Amendments of 
1996, including provisions for processing requests for records 
maintained in electronic format and for making certain records and 
information available on the Internet. The final rule addresses 
requests for expedited processing, unusual circumstances, and multi-
track processing. Numerous editorial changes have been made to provide 
clarity, eliminate redundancy, and reflect organizational and 
procedural changes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      05/00/00
Final Rule Effective            05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Alana Johnson, Assistant Director, Disclosure Services, 
Department of the Treasury, Washington, DC 20220
Phone: 202 622-0930
Fax: 202 622-3895
Email: [email protected]

RIN: 1505-AA76
_______________________________________________________________________




2560.  COMPARABLE REQUIREMENT FOR NATIONAL BANKS AMONG THE 
SECOND FIFTY LARGEST INSURED NATIONAL BANKS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 321; PL 106-102, sec 121, Gramm-Leach-Bliley 
Act

CFR Citation: 12 CFR 1501

Legal Deadline: None

Abstract: This interim final rule implements section 121 of the Gramm-
Leach-Bliley Act, Public Law 106-102, which authorizes national banks 
to conduct expanded financial activities through financial subsidiaries 
if they satisfy requirements specified in the GLBA. The rule sets forth 
a comparable criterion for national banks among the second 50 largest 
insured banks that is the equivalent of the GLBA rating criterion 
applicable to national banks among the top 50 largest insured banks. 
The comparable criterion is the ``long-term issuer credit rating,'' 
which provides a rating for a bank's long-term overall capacity to meet 
its financial obligations. National banks can meet this criterion by 
having a long-term issuer credit rating in the top three investment 
grade ratings categories from at least one independent rating agency.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/20/00                    65 FR 15050
Interim Final Rule Effective    03/14/00
Interim Final Rule Comment 
Period End                      05/15/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Laura Gabrielle Cowan, Attorney Advisor, Department of 
the Treasury, Room 2004, Washington, DC 20220
Phone: 202 622-0929
Fax: 202 622-1974

RIN: 1505-AA77
_______________________________________________________________________




2561.  MERCHANT BANKING

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1843(k)(7)

CFR Citation: 12 CFR 1500

Legal Deadline: None

Abstract: This is an interim rule that is being issued jointly by the 
Department of the Treasury (Treasury) and the Board of Governors of the 
Federal Reserve System (Board) to implement section 103 of the Gramm-
Leach-Bliley Act, Public Law 106-102, 113 Stat.1338 (GLBA), which 
authorizes financial holding companies to engage in activities that are 
financial in nature. This joint rule will implement the provision of 
section 103 that permits financial holding companies to engage in 
merchant and investment banking activities by describing the types of 
investments permissible, the means by which investments may be made 
(i.e., directly or through a private equity fund), the limitations on 
such investments, and reporting and record-keeping requirements. 
(Reporting and record-keeping are required by the Board, which 
supervises financial holding companies.)

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/28/00                    65 FR 16460
Interim Final Rule Effective    03/17/00
Interim Final Rule Comment 
Period End                      05/22/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary W. Sutton, Senior Banking Counsel, Office of 
General Counsel, Department of the Treasury, Room 2014, 1500 
Pennsylvania Avenue NW, Washington, DC 20220
Phone: 202 622-1976
Fax: 202 622-1974
Email: [email protected]

RIN: 1505-AA78
_______________________________________________________________________




2562.  RESOLUTION FUNDING CORPORATION OPERATIONS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 12 USC 1441b; PL 105-216, sec 14(d)

CFR Citation: 12 CFR 1510

Legal Deadline: None

Abstract: This interim final rule revises the regulation governing the 
operations of the Resolution Funding Corporation (Funding Corporation). 
The Funding Corporation is a mixed-ownership government corporation 
which, among other things, pays interest on certain debt obligations 
that it issued to finance resolution of the savings and loan crisis in 
the late 1980's. Congress recently transferred oversight of the Funding 
Corporation to the Secretary of the Treasury and made changes affecting 
how the Funding Corporation funds interest payments. The revisions in 
the interim final rule implement these changes and generally streamline 
the regulation by eliminating provisions that are no longer necessary.

[[Page 23301]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/08/00                    65 FR 12064
Interim Final Rule Effective    03/08/00
Interim Final Rule Comment 
Period End                      04/07/00
Final Rule                       To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Brandon B. Straus, Attorney Advisor, Department of the 
Treasury, Room 2030, 1500 Pennsylvania Avenue, NW, Washington, DC 20220
Phone: 202 622-1964
Fax: 202 622-1974

RIN: 1505-AA79
_______________________________________________________________________




2563.  FINANCIAL ACTIVITIES OF FINANCIAL SUBSIDIARIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 24a

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This is an interim rule that is being issued by the 
Department of the Treasury (Treasury) to implement section 121 of the 
Gramm-Leach-Bliley Act, Public Law 106-102, 113 Stat. 1338 (GLBA), 
which authorizes Treasury, in coordination with the Board of Governors 
of the Federal Reserve System (Board), to determine that activities are 
financial in nature or incidental to activities financial in nature, 
and therefore permissible activities for financial subsidiaries of 
national banks. This rule will discuss activities that are financial in 
nature and set forth the procedures for national banks and other 
interested parties to follow in order to request that Treasury 
determine whether an activity is financial in nature or incidental to a 
financial activity.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/20/00                    65 FR 14819
Interim Final Rule Effective    03/14/00
Interim Final Rule Comment 
Period End                      05/15/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary W. Sutton, Senior Banking Counsel, Office of 
General Counsel, Department of the Treasury, Room 2014, 1500 
Pennsylvania Avenue NW, Washington, DC 20220
Phone: 202 622-1976
Fax: 202 622-1974
Email: [email protected]

RIN: 1505-AA80
_______________________________________________________________________




2564.  FINANCIAL SUBSIDIARIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 24a

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This joint rule will be adopted by the Department of the 
Treasury and the Board of Governors of the Federal Reserve System to 
implement section 121 of the Gramm-Leach-Bliley Act. The Rule will 
establish an indexing mechanism to adjust the maximum aggregate 
consolidated assets of all financial subsidiaries of a national bank 
permitted under the Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary W. Sutton, Senior Banking Counsel, Office of 
General Counsel, Department of the Treasury, Room 2014, 1500 
Pennsylvania Avenue NW, Washington, DC 20220
Phone: 202 622-1976
Fax: 202 622-1974
Email: [email protected]

RIN: 1505-AA81
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


Departmental Offices (DO)



_______________________________________________________________________




2565. COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 1805

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              11/01/99                    64 FR 59076
Interim Final Rule Effective    11/01/99
Interim Final Rule Comment 
Period End                      01/14/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeffrey C. Berg
Phone: 202 622-8662
Email: [email protected]

RIN: 1505-AA75
BILLING CODE 4810-25-F

[[Page 23302]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2566. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS 
ACTIVITY REPORTING--BROKER/DEALERS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(g)

CFR Citation: 31 CFR 103

Legal Deadline: None

Abstract: This NPRM will propose to require suspicious activity 
reporting by broker/dealers.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Stephen R. Kroll, Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, Suite 200, 2070 Chain 
Bridge Road, Vienna, VA 22182
Phone: 703 905-3590

RIN: 1506-AA21
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2567. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS REGARDING REPORTING 
OF CROSS-BORDER TRANSPORTATION OF CERTAIN MONETARY INSTRUMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 31 CFR 103

Legal Deadline: None

Abstract: This rule will require reporting of cross-border 
transportation of certain negotiable instruments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/22/97                     62 FR 3249
NPRM Comment Period End         04/22/97
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Stephen R. Kroll, Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, Suite 200, 2070 Chain 
Bridge Road, Vienna, VA 22182
Phone: 703 905-3590

RIN: 1506-AA15
_______________________________________________________________________




2568. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS 
ACTIVITY REPORTING--CASINOS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(g)

CFR Citation: 31 CFR 103

Legal Deadline: None

Abstract: This NPRM will propose to require suspicious activity 
reporting by casinos.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/18/98                    63 FR 27230
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Stephen R. Kroll, Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, Suite 200, 2070 Chain 
Bridge Road, Vienna, VA 22182
Phone: 703 905-3590

RIN: 1506-AA22
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Long-Term Actions


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2569. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT THAT 
FINANCIAL INSTITUTIONS CARRY OUT ANTI-MONEY-LAUNDERING PROGRAMS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Stephen R. Kroll
Phone: 703 905-3590

RIN: 1506-AA05
_______________________________________________________________________




2570. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--DELEGATION OF 
AUTHORITY TO ASSESS CIVIL MONEY PENALTIES ON DEPOSITORY INSTITUTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Stephen R. Kroll
Phone: 703 905-3590

RIN: 1506-AA08
_______________________________________________________________________




2571. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SPECIAL REPORTING 
AND RECORDKEEPING REQUIREMENTS--MONEY SERVICES BUSINESSES (MSBS)

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/21/97                    62 FR 27909
NPRM Comment Period End         09/30/97
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Stephen R. Kroll

[[Page 23303]]

Phone: 703 905-3590

RIN: 1506-AA19
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2572. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS 
ACTIVITY REPORTING--MONEY SERVICES BUSINESSES (MSBS)

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      03/14/00                    65 FR 13683

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Stephen R. Kroll
Phone: 703 905-3590

RIN: 1506-AA20
BILLING CODE 4820-02-F
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


Financial Management Service (FMS)



_______________________________________________________________________




2573. RULES AND PROCEDURES FOR EFFICIENT FEDERAL-STATE FUNDS TRANSFERS

Priority: Other Significant

Unfunded Mandates: Undetermined
Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

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.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00
Final Action                    08/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal, State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

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

RIN: 1510-AA38
_______________________________________________________________________




2574. CLAIMS ON ACCOUNT OF TREASURY CHECKS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 31 USC 321; 31 USC 3328; 31 USC 3331; 31 USC 3343; 31 
USC 3702; 31 USC 3712

CFR Citation: 31 CFR 245

Legal Deadline: None

Abstract: 31 CFR part 245 governs the issuance of replacement checks 
for checks drawn on the United States Treasury when (1) the original 
check has been lost, stolen, destroyed or mutilated or defaced to such 
an extent that it is rendered non-negotiable; (2) the original check 
has been negotiated and paid on a forged or unauthorized indorsement; 
and (3) the original check has been cancelled pursuant to 31 CFR part 
240. The regulation is being revised to update the regulation's 
definitions to make them consistent with the language of the proposed 
revisions to the definitions in 31 CFR part 240. Other revisions will 
govern the use of the Check Forgery Insurance Fund (Fund). The Fund is 
a revolving fund established to settle payee claims of non-receipt 
where the original check has been fraudulently negotiated. The Fund 
ensures that innocent payees, whose Treasury checks have been 
fraudulently cashed, receive replacement checks in a timely manner.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Ella White, Customer Liaison Specialist, Department of 
the Treasury, Financial Management Service, Room 8D25, 3700 East-West 
Highway, Hyattsville, MD 20782
Phone: 202 874-7475

RIN: 1510-AA51
_______________________________________________________________________




2575. OFFSET OF FEDERAL PAYMENTS (OTHER THAN TAX REFUND AND FEDERAL 
BENEFIT PAYMENTS) TO COLLECT PAST-DUE, LEGALLY ENFORCEABLE NONTAX DEBT

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 3716; 31 USC 321

CFR Citation: 31 CFR 285.5

Legal Deadline: None

Abstract: This rule governs administrative offset of Federal

[[Page 23304]]

payments by disbursing officials of the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Gerry Isenberg, Financial Program Specialist, 
Department of the Treasury, Financial Management Service, 401 14th 
Street SW, Washington, DC 20227
Phone: 202 874-6660

RIN: 1510-AA65
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Financial Management Service (FMS)



_______________________________________________________________________




2576. INDORSEMENT AND PAYMENT OF CHECKS DRAWN ON THE UNITED STATES 
TREASURY

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

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; 31 USC 3334; 
31 USC 3712; 31 USC 3327; 31 USC 3702 note; 31 USC 363

CFR Citation: 31 CFR 240

Legal Deadline: None

Abstract: The first notice of proposed rulemaking (NPRM I) is a 
reissuance of the NPRM published on 9/21/95. The 9/21/95 notice 
proposed to fix the time by which Treasury can decline payment on 
Treasury checks, provide financial institutions with a date certain for 
final payments, and provide greater clarity by defining previously 
undefined terms. Finally, that notice proposed that the Department of 
the Treasury may instruct Federal Reserve Banks to intercept benefit 
payment checks to deceased payees and to return, unpaid, those checks. 
NPRM I will announce the Department of the Treasury's intent that this 
regulation supersede Federal common law regarding the risk of loss on 
checks containing forged disbursing officer signatures, such as 
counterfeits. The second notice of proposed rulemaking (NPRM II) will 
further amend this regulation to implement provisions of the Debt 
Collection Improvement Act of 1996 authorizing the collection of debts 
owed by presenting banks through Treasury Check Offset. Among other 
things, NPRM II will broaden the use of powers of attorney for purposes 
of negotiating Treasury checks.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/21/95                    60 FR 48940
NPRM Comment Period End         11/06/95
NPRM I                          05/30/97                    62 FR 29314
Interim Final Rule              07/00/00
Final Rule (NPRM I)             01/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Ronald E. Brooks, Senior Program Analyst, Financial 
Information, Department of the Treasury, Financial Management Service, 
Room 725-D, 3700 East-West Highway, Hyattsville, MD 20782
Phone: 202 874-7573
Email: [email protected]

RIN: 1510-AA45
_______________________________________________________________________




2577. FOREIGN EXCHANGE OPERATIONS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 31 USC 3513; EO 10488; EO 10900; 22 USC 2363

CFR Citation: 31 CFR 281

Legal Deadline: None

Abstract: This regulation governs the administration of the purchase, 
custody, deposit, transfer, sale and reporting of foreign exchange 
(including credits and currencies) by executive departments and 
agencies. Currently, this regulation allows the purchase of foreign 
currency to an amount which, together with the balance on hand in the 
bank, may not exceed estimated requirements for a 30-day period. The 
revised rule allows the purchase of foreign currency to a balance 
``commensurate with immediate disbursing requirements.''

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/29/96                     61 FR 2750
NPRM Comment Period End         02/28/96
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Maria Guido, Senior Advisor, International Funds 
Branch, Department of the Treasury, Financial Management Service, Room 
5A30, PGCII, 3700 East-West Highway, Hyattsville, MD 20782
Phone: 202 874-8943

RIN: 1510-AA48
_______________________________________________________________________




2578. PAYMENTS UNDER JUDGMENT AND PRIVATE RELIEF ACTS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: PL 104-53; PL 104-316; 31 USC 1304; 28 USC 2414; 28 
USC 2517

CFR Citation: 31 CFR 256

Legal Deadline: None

Abstract: This regulation governs the procedure for securing payment 
for money judgments against the United States. The proposed revision 
will update the procedure for making claims. This will benefit 
claimants and others in understanding the claims process. This 
regulation currently describes a process that involves the General 
Accounting Office (GAO) and the Treasury Department. The change would 
eliminate the GAO from this description to reflect legislative

[[Page 23305]]

amendments that effect this change. Also, the regulation currently 
identifies monetary thresholds that no longer exist. The change would 
reflect the removal of these monetary limitations and the resulting 
submission requirements. These changes in the regulation would make it 
consistent with current practices for claimants securing money 
judgments against the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/08/96                      61 FR 552
NPRM Comment Period End         02/07/96
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Wanda Rogers, Director, Financial Accounting and 
Services Division, Department of the Treasury, Financial Management 
Service, Room 620D, 3700 East-West Highway, Hyattsville, MD 20782
Phone: 202 874-8380
Email: [email protected]

RIN: 1510-AA52
_______________________________________________________________________




2579. FEDERAL CLAIMS COLLECTION STANDARDS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 3701; 31 USC 3711; 31 USC 3717; 31 USC 3718; 31 
USC 3720B; 31 USC 3716

CFR Citation: 31 CFR 900 to 904

Legal Deadline: None

Abstract: The Federal Claims Collection Standards prescribe basic 
standards for Federal agencies for collection of non-tax claims. The 
current standards originally were published in 1984 jointly by the 
Department of Justice and the General Accounting Office at 4 CFR parts 
101-105. The Department of the Treasury has been added as a co-signor 
by the Debt Collection Improvement Act of 1996 (Act) and the General 
Accounting Office was removed as a co-signor by the General Accounting 
Office Act of 1996. This revision, which will move the standards to 31 
CFR parts 900-904, is being made to simplify the language of the 
current standards and to incorporate changes made by the Act concerning 
such topics as disbursing official offset, cross-servicing of debts, 
interest and penalties on claims, and contracts for collection 
services.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/31/97                    62 FR 68476
NPRM Comment Period End         03/02/98
Final Action                    04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Gerry Isenberg, Financial Program Specialist, 
Department of the Treasury, Financial Management Service, 401 14th 
Street SW, Washington, DC 20227
Phone: 202 874-6660

RIN: 1510-AA57
_______________________________________________________________________




2580. DEPOSITARIES AND FINANCIAL AGENTS OF THE FEDERAL GOVERNMENT

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 90; 12 USC 265; 12 USC 266; 12 USC 391; 12 USC 
1452(d); 12 USC 1464(k); 12 USC 1789a; 12 USC 2013; 12 USC 2122; 12 USC 
3101; 12 USC 3102; 12 USC 3303; 12 USC 3336

CFR Citation: 31 CFR 202; 31 CFR 380

Legal Deadline: None

Abstract: The revision will direct readers to a new Bureau of the 
Public Debt regulation at 31 CFR part 380 that addresses the 
eligibility and valuation of (1) collateral securing deposits of public 
money, including, but not limited to, Federal Tax Payments, and (2) 
collateral security provided by persons permitted by Federal law to 
give agencies Government obligations in lieu of surety bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Cynthia L. Johnson, Director, Cash Management Policy 
and Planning Division, Department of the Treasury, Financial Management 
Service, Room 420, 401 14th Street SW, Washington, DC 20227
Phone: 202 874-6657

RIN: 1510-AA75
_______________________________________________________________________




2581. PAYMENT OF FEDERAL TAXES AND THE TREASURY TAX AND LOAN PROGRAM

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 90; 12 USC 265; 12 USC 266; 12 USC 332; 12 USC 
391; 12 USC 1452(d); 12 USC 1464(k); 12 USC 1767; 12 USC 1789(a); 12 
USC 2013; 12 USC 2122; 12 USC 3102; 12 USC 6302; 12 USC 321; 12 USC 
323; 31 USC 3301; 31 USC 3302; 31 USC 3303; 31 USC 3304

CFR Citation: 31 CFR 203; 31 CFR 380

Legal Deadline: None

Abstract: The revision will direct readers to a new Bureau of the 
Public Debt regulation at 31 CFR part 380 that addresses the 
eligibility and valuation of (1) collateral securing deposits of public 
money, including, but not limited to, Federal Tax Payments, and (2) 
collateral security provided by persons permitted by Federal Law to 
give agencies Government obligations in lieu of surety bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Cynthia L. Johnson, Director, Cash Management Policy 
and Planning Division, Department of the Treasury, Financial Management 
Service, Room 420, 401 14th Street SW, Washington, DC 20227
Phone: 202 874-6657

RIN: 1510-AA76
_______________________________________________________________________




2582. 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; 31 CFR 380

Legal Deadline: None

Abstract: The revision will direct readers to a new Bureau of the 
Public Debt regulation at 31 CFR part 380 that addresses the 
eligibility and valuation of (1) collateral securing deposits of public 
money, including, but not limited to, Federal Tax Payments, and (2) 
collateral security provided by

[[Page 23306]]

persons permitted by Federal law to give agencies Government 
obligations in lieu of surety bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Cynthia L. Johnson, Director, Cash Management Policy 
and Planning Division, Department of the Treasury, Financial Management 
Service, Room 420, 401 14th Street SW, Washington, DC 20227
Phone: 202 874-6657

RIN: 1510-AA77
_______________________________________________________________________




2583. OFFSET OF TAX REFUND PAYMENT TO COLLECT STATE INCOME TAX 
OBLIGATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6402(e)

CFR Citation: 31 CFR 285.8

Legal Deadline: None

Abstract: This rule governs the offset of Federal tax refund payments 
to collect delinquent State income taxes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/20/99                    64 FR 71227
Final Action                    09/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Federal

Federalism:  Undetermined

Agency Contact: Dean Balamaci, Director, Business and Agency Liaison 
Division, Department of the Treasury, Financial Management Service
Phone: 202 874-6660

RIN: 1510-AA78
_______________________________________________________________________




2584. PAYMENT OF FEDERAL TAXES AND THE TREASURY TAX AND LOAN PROGRAM

Priority: Other Significant

Unfunded Mandates: Undetermined

Legal Authority: 12 USC 90; 12 USC 265 to 266; 12 USC 332; 12 USC 391; 
12 USC 1452(d); 12 USC 1464(k); 12 USC 1767; 12 USC 1789a; ...

CFR Citation: 31 CFR 203

Legal Deadline: None

Abstract: This rule proposes to change the Treasury Tax and Loan (TT&L) 
interest rate from the Federal funds rate, less 25 basis points, to the 
overnight repurchase agreement rate. The prevailing overnight rate in 
the repurchase market has closely tracked the Federal funds rate on 
average during the last two years. Based on these statistics, using the 
overnight repurchase agreement rate would compensate the Treasury 
adequately for the use of the TT&L note balances on a basis which is 
similar to the market interest rate for collateralized lending.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/30/99                    64 FR 41747
NPRM Comment Period End         09/28/99
Final Action                    04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary Bailey, Financial Program Specialist, Department 
of the Treasury, Financial Management Service, 401 14th Street SW, 
Washington, DC 20227
Phone: 202 874-6590

RIN: 1510-AA79
_______________________________________________________________________




2585. REGULATIONS GOVERNING FEDSELECT CHECK

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 3321; 31 USC 3325; 31 USC 3327; 12 USC 391

CFR Citation: 31 CFR 247

Legal Deadline: None

Abstract: This action will eliminate the rule that governs the 
FedSelect check, effective with the termination of the FedSelect check 
by FMS. The termination of the FedSelect check is targeted for March 
2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Notice                          04/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Federal

Agency Contact: Cynthia L. Johnson, Director, Cash Management Policy 
and Planning Division, Department of the Treasury, Financial Management 
Service, Room 420, 401 14th Street SW, Washington, DC 20227
Phone: 202 874-6657

RIN: 1510-AA80
_______________________________________________________________________




2586.  FEDERAL GOVERNMENT PARTICIPATION IN THE AUTOMATED 
CLEARINGHOUSE

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 3720; 31 USC 3335; 31 USC 321; 5 USC 5525; 31 
USC 3332; ...

CFR Citation: 31 CFR 210

Legal Deadline: None

Abstract: This revision of 31 CFR part 210 will reconcile Government 
Automated Clearing House (ACH) regulations and private industry rules 
as set forth by the National Automated Clearing House Association, by 
updating the incorporation of certain industry rules into Federal law 
for the year 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              04/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Agency Contact: Cynthia L. Johnson, Director, Cash Management Policy 
and Planning Division, Department of the Treasury, Financial Management 
Service, Room 420, 401 14th Street SW, Washington, DC 20227
Phone: 202 874-6657

RIN: 1510-AA81
_______________________________________________________________________




2587.  OFFSET OF TAX REFUND PAYMENTS TO COLLECT STATE INCOME TAX 
OBLIGATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6402(e)

CFR Citation: 31 CFR 285.8

Legal Deadline: None

Abstract: This rule governs the offset of Federal tax refund payments 
to collect delinquent State income taxes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/20/99                    64 FR 71233
Final Action                    09/00/00

[[Page 23307]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Federal

Federalism:  Undetermined

Agency Contact: Dean Balamaci, Director, Business and Agency Liaison 
Division, Department of the Treasury, Financial Management Service
Phone: 202 874-6660

RIN: 1510-AA82
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Long-Term Actions


Financial Management Service (FMS)



_______________________________________________________________________




2588. OFFSET OF FEDERAL PAYMENTS (OTHER THAN TAX REFUND AND FEDERAL 
BENEFIT PAYMENTS) TO COLLECT PAST-DUE DEBTS OWED TO STATES (OTHER THAN 
CHILD SUPPORT)

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 285.6

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  Undetermined

Agency Contact: Gerry Isenberg
Phone: 202 874-6660

RIN: 1510-AA66
_______________________________________________________________________




2589. SALARY OFFSET

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 285.7

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              04/28/98                    63 FR 23353
Final Action                    06/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Gerry Isenberg
Phone: 202 874-6660

RIN: 1510-AA70
_______________________________________________________________________




2590. PUBLIC DISSEMINATION OF IDENTITY OF DELINQUENT DEBTORS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 285.14

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Gerry Isenberg
Phone: 202 874-6660

RIN: 1510-AA72
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


Financial Management Service (FMS)



_______________________________________________________________________




2591. FEDERAL GOVERNMENT PARTICIPATION IN THE AUTOMATED CLEARING HOUSE

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 210

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    04/09/99                    64 FR 17472
Final Action Effective          05/10/99

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Cynthia L. Johnson
Phone: 202 874-6657

RIN: 1510-AA17
BILLING CODE 4810-35-F
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2592. REVISION OF BREWERY REGULATIONS AND ISSUANCE OF REGULATIONS FOR 
TAVERNS ON BREWERY PREMISES (BREWPUBS)

Priority: Other Significant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 26 USC 5051 to 5056; 26 USC 5401 to 5417; 27 USC 205

CFR Citation: 27 CFR 7; 27 CFR 25

Legal Deadline: None

Abstract: ATF intends to streamline regulations applying to breweries. 
ATF will eliminate obsolete regulatory provisions. A formula system for 
manufactured beer products will replace statements of process attached 
to the brewers notice. The annual notice for small brewers to pay 
reduced rate of tax will be eliminated. Separate regulations for 
brewpubs will be added to part 25. A section will be added to part 25 
to authorize and regulate the alternating use of brewery premises by 
different brewers. Regulations authorizing the operation of brew-on-
premises facilities will be added to part 25.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00
Interim Final Rule              06/00/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

[[Page 23308]]

Agency Contact: William Foster, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AB37
_______________________________________________________________________




2593. COUNTRY OF ORIGIN STATEMENTS ON DISTILLED SPIRITS LABELS

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 1304; 27 USC 205

CFR Citation: 27 CFR 5.36 (e)

Legal Deadline: None

Abstract: ATF will issue a notice of proposed rulemaking to amend the 
regulations at 27 CFR 5.36(e). The proposed regulations would clarify 
how the requirement to identify country of origin should be applied to 
mixtures of imported and domestic spirits.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AB72
_______________________________________________________________________




2594. IMPLEMENTATION OF PUBLIC LAW 105-34, SECTIONS 1421 AND 1422

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 24; 27 CFR 25; 27 CFR 250; 27 CFR 251

Legal Deadline: None

Abstract: This notice implements section 1421 and 1422 of the Taxpayer 
Relief Act of 1997. This will permit importation in bond of bulk 
containers of wine and beer.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Marjorie D. Ruhf, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210
Email: [email protected]

RIN: 1512-AB75
_______________________________________________________________________




2595. ALTERATION OF LABELS ON CONTAINERS OF DISTILLED SPIRITS, WINE AND 
BEER

Priority: Substantive, Nonsignificant

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

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

Legal Deadline: None

Abstract: ATF proposes to amend the regulations in 27 CFR parts 4, 5, 
and 7. The proposed amendments to the regulations will require that a 
lot identification code be placed on the label or container of all 
wine, malt beverage and distilled spirits products. The lot 
identification code will be a mandatory item of information and it will 
be illegal to remove or alter the codes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB76
_______________________________________________________________________




2596. AMENDED STANDARD OF IDENTITY FOR SHERRY

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4

Legal Deadline: None

Abstract: ATF is considering a petition to allow certain types of wine 
to be labeled as ``sherry'' rather than ``light sherry.''

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Marjorie D. Ruhf, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210
Email: [email protected]

RIN: 1512-AB96
_______________________________________________________________________




2597.  PROCESSES AUTHORIZED FOR THE TREATMENT OF WINE, JUICE AND 
DISTILLING MATERIAL.

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5381; 26 USC 5382; 26 USC 5385; 26 USC 5386; 26 
USC 5387

CFR Citation: 27 CFR 24

Legal Deadline: None

Abstract: ATF will issue a notice of proposed rulemaking proposing to 
add the addition of grape skin extract to the list of processes 
authorized for the treatment of wine, juice and distilling material.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jennifer Berry, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AC05

[[Page 23309]]




_______________________________________________________________________



FIREARMS


                    ________________________________



2598. COMMERCE IN EXPLOSIVES (INCLUDING EXPLOSIVES IN THE FIREWORKS 
INDUSTRY)

Priority: Other Significant

Legal Authority: 5 USC 552(a); 18 USC 847; 18 USC 921 to 930; 18 USC 
1261; 19 USC 1612 to 1613; 19 USC 1618; 26 USC 7101; 26 USC 7322 to 
7326; 31 USC 9301; 31 USC 9303 to 9304; 40 USC 304(k)

CFR Citation: 27 CFR 55

Legal Deadline: None

Abstract: Pursuant to section 610 of the Regulatory Flexibility Act, 
ATF published a notice on January 10, 1997, seeking public comments on 
whether it should revise its regulations, codified at 27 CFR part 55, 
governing Commerce in Explosives (Including Explosives in the Fireworks 
Industry). Based on comments received, ATF plans to initiate a 
rulemaking to revise these regulations in 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

General Notice of Regulatory 
Review                          01/10/97                     62 FR 1386
NPRM                            06/00/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

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

RIN: 1512-AB48
_______________________________________________________________________




2599. IMPLEMENTATION OF PUBLIC LAW 104-208, THE OMNIBUS CONSOLIDATED 
APPROPRIATIONS ACT OF 1997, RELATING TO THE ESTABLISHMENT OF A NATIONAL 
REPOSITORY FOR ARSON AND EXPLOSIVES INFORMATION

Priority: Substantive, Nonsignificant

Legal Authority: 18 USC 846(b)

CFR Citation: 27 CFR 55

Legal Deadline: None

Abstract: ATF will issue this temporary rule to implement certain 
provisions of Public Law 104-208, the Omnibus Consolidated 
Appropriations Act of 1997 (the Act), enacted September 30, 1996. The 
Act amended the Federal explosives laws in title 18, United States 
Code, chapter 40, to require all Federal agencies to report to ATF any 
information involving arson or the suspected criminal misuse of 
explosives. The Act also authorizes ATF to establish a repository for 
this information. In addition, the law provides that such repository 
will contain information on incidents voluntarily reported to ATF by 
State and local authorities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AB73
_______________________________________________________________________




2600. IMPL. OF PL 105-277, MAKING OMNIBUS CONSOLIDATED AND EMERGENCY 
SUPPLEMENTAL APPROPRIATIONS FOR FY 1999, RELATING TO THE PERMANENT 
PROVISIONS OF THE BRADY HANDGUN VIOLENCE PREVENTION ACT

Priority: Substantive, Nonsignificant

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 will amend the regulations to implement the provision of 
Public Law 105-277, Making Omnibus Consolidated and Emergency 
Supplemental Appropriations for Fiscal Year 1999, relating to the 
permanent provisions of the Brady Handgun Violence Prevention Act. The 
new law allows a licensed pawnbroker to contact the national instant 
criminal background check system (NICS) prior to taking or receiving a 
firearm in pawn. If NICS advises the pawnbroker that receipt or 
possession of the firearm would be in violation of the law, the 
licensee must advise local law enforcement within 48 hours after 
receipt of information.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00
Interim Final Rule              12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

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

RIN: 1512-AB83
_______________________________________________________________________




2601. PL 105-277, MAKING OMNIBUS CONSOLIDATED AND EMERGENCY SUPPLEMENTAL 
APPROPRIATIONS FOR FY99, RELATING TO FIREARMS DISABILITIES FOR NON-
IMMIGRANT ALIENS

Priority: Substantive, Nonsignificant

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

CFR Citation: 27 CFR 178

Legal Deadline: None

Abstract: ATF will issue a temporary rule amending the regulations to 
implement the provisions of Public Law 105-277, Making Omnibus 
Consolidated and Emergency Supplemental Appropriations for Fiscal Year 
1999. The regulations implement the law by prohibiting, with certain 
exceptions, the transfer to and possession of firearms by aliens 
admitted to the United States under a nonimmigrant visa. Regulations 
are also prescribed with regard to applicants for dealer's licenses to 
certify that secure gun storage or safety devices will be available at 
any place where firearms are sold to nonlicensed individuals, and an 
amended definition of ``antique firearm'' to include certain muzzle 
loading firearms.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/00/00
Interim Final Rule              12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

[[Page 23310]]

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

RIN: 1512-AB93
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2602. AMERICAN VITICULTURAL AREAS

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Applegate Valley, OR  NPRM 05/06/99 (64 FR 24308)  NPRM Comment Period 
End 07/06/99  Final Action 10/00/00

Buena Vista Lake, CA (contact Jackie White)  NPRM 06/00/00

California Coastal, CA (contact Jackie White)  ANPRM 06/00/00

Chiles Valley, CA (contact Thomas Busey)  NPRM 03/20/98 (63 FR 
13583)  Comment Period End 05/19/98  Final Action 02/17/99 (64 FR 7785)

Diamond Mountain, CA  NPRM 09/29/99 (64 FR 52483)  NPRM Comment Period 
End 01/28/00  Final Action 05/00/00

Oak Knoll District, CA (contact Joyce Drake)  NPRM 06/00/00

River Junction, CA (contact Teri Byers)  NPRM 06/00/00

San Francisco Bay, CA (contact David Brokaw)  NPRM 10/20/97 (62 FR 
54399)  Comment Period End 01/20/98  Final Rule 01/20/99 (64 FR 
3015)  Final Action 01/20/99 (64 FR 3015)

Santa Rita Hills, CA (contact Marsha Baker)  NPRM 09/11/98 (63 FR 
48658)  Comment Period End 12/10/98  Final Rule 06/00/00

Yountville, CA (contact Thomas Busey)  NPRM 08/26/98 (63 FR 
45427)  Final Rule 03/19/99 (64 FR 13511)

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AA07
_______________________________________________________________________




2603. LABELING OF UNAGED GRAPE BRANDY

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 5

Legal Deadline: None

Abstract: ATF proposes to amend the regulations to permit the use of 
the word ``unaged'' as an alternative to ``immature,'' to describe 
grape brandy that has not been stored in oak containers.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/13/96                    61 FR 30015
NPRM Comment Period End         09/11/96
Final Action                    07/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB46
_______________________________________________________________________




2604. DISTILLED SPIRITS PLANT REGULATORY INITIATIVE PROPOSAL

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 19.11; 27 CFR 19.49; 27 CFR 19.153; 27 CFR 19.201 
to 206; 27 CFR 19.311; 27 CFR 19.454; 27 CFR 19.605; 27 CFR 19.770; 27 
CFR 19.1001; 27 CFR 19.1003; 27 CFR 19.1010

Legal Deadline: None

Abstract: ATF proposes changes to the distilled spirits plant 
regulations to implement the Administration's Reinventing Government 
effort to reduce the regulatory burden and streamline requirements. ATF 
believes these proposed changes will benefit distilled spirits plant 
proprietors and other industry members by enabling them to operate more 
easily and with less regulatory oversight from the Government. ATF is 
also requesting comments on the possibility of revising the distilled 
spirits plant recordkeeping requirements to accomplish the Government's 
goals through a system that would be based, as much as possible, on 
proprietors' own recordkeeping methods.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/30/98                    63 FR 65720
NPRM Comment Period End         01/29/99
Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB58

[[Page 23311]]

_______________________________________________________________________




2605. IMPLEMENTATION OF WINE CREDIT PROVISIONS OF PUBLIC LAW 104-188

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 552(a); 26 USC 5041

CFR Citation: 27 CFR 24.278; 27 CFR 24.279

Legal Deadline: None

Abstract: ATF is amending wine regulations to implement a change in the 
law that allows certain transferees in bond to deduct the tax credit 
for small wine producers. Changes to bond calculations are also 
included in this regulation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/02/97                    62 FR 29681
Interim Final Rule              06/02/97                    62 FR 29663
NPRM Comment Period End         08/01/97
Final Action                    07/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marjorie D. Ruhf, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210
Email: [email protected]

RIN: 1512-AB65
_______________________________________________________________________




2606. IMPLEMENTATION OF PL 105-34, SECTION 1417, RELATED TO THE USE OF 
AMELIORATING MATERIAL IN CERTAIN WINES

Priority: Substantive, Nonsignificant

Legal Authority: PL 105-34, sec 1417

CFR Citation: 27 CFR 24.178; 27 CFR 4.21; 27 CFR 4.22

Legal Deadline: None

Abstract: The wine regulations are amended to extend the amelioration 
and sweetening limitations of wines made from any fruit or berry.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/16/99                    64 FR 50265
Interim Final Rule              09/16/99                    64 FR 50252
Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jennifer Berry, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AB78
_______________________________________________________________________




2607. LABELING OF FLAVORED WINE PRODUCTS

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4.21

Legal Deadline: None

Abstract: ATF has issued a notice of proposed rulemaking to amend the 
regulations in part 4 by creating a new standard of identity for 
flavored wine products. ATF believes that this new standard of identity 
is necessary in order to avoid consumer confusion between established 
classes of wines (including varietals and semi-generics) and products 
that fall outside existing classes because of the addition of flavoring 
materials.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/28/99                    64 FR 72612
NPRM Comment Period End         03/29/00
Final Action                    07/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB86
_______________________________________________________________________




2608. PROHIBITION OF ALCOHOL BEVERAGE CONTAINERS AND STANDARD OF FILL 
FOR DISTILLED SPIRITS AND WINE

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

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

Legal Deadline: None

Abstract: ATF proposes to amend regulations to clarify the standards of 
fill for distilled spirits and wine. ATF also proposes to amend 
regulations to prohibit certain alcohol beverage containers that are 
likely to mislead consumers as to the identity or character of the 
distilled spirits, wine or malt beverage products or are likely to be 
confused with other (non-alcohol) food products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/09/99                     64 FR 6486
NPRM Comment Period End         04/12/99
Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William Foster, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AB89
_______________________________________________________________________




2609. HEALTH CLAIMS AND OTHER HEALTH RELATED STATEMENTS IN THE LABELING 
AND ADVERTISING OF ALCOHOL BEVERAGES

Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is 
undetermined.

Legal Authority: 27 USC 205

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

Legal Deadline: None

Abstract: ATF proposes to amend the regulations to prohibit the 
appearance on labels or in advertisements of any statement that makes a 
substantive claim regarding health benefits associated with the 
consumption of alcohol beverages unless such claim is properly 
qualified. This notice also addresses the use of directional health-
related statements and seeks comments on whether the negative 
consequences of alcohol consumption or abuse disqualify these products 
entirely from entitlement to any health-related statements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/25/99                    64 FR 57413
NPRM Comment Period End         02/22/00
Final Action                    08/00/00

[[Page 23312]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AB97
_______________________________________________________________________




2610.  NEW GRAPE VARIETAL (DORNFELDER)

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4.91

Legal Deadline: None

Abstract: ATF has received a petition proposing to add a new name, 
``Dornfelder,'' to the list of prime grape variety names for use in 
designating American wines.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/09/00                    65 FR 12490
Final Action                    08/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jennifer Berry, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AC03



_______________________________________________________________________



FIREARMS


                    ________________________________



2611. COMMERCE IN FIREARMS AND AMMUNITION (OMNIBUS CONSOLIDATED 
APPROPRIATIONS ACT OF 1997)

Priority: Substantive, Nonsignificant

Legal Authority: 18 USC 847; 18 USC 921 to 930

CFR Citation: 27 CFR 178

Legal Deadline: None

Abstract: The Omnibus Consolidated Appropriations Act of 1997 contains 
amendments to the Gun Control Act of 1986 (18 U.S.C. chapter 44). These 
amendments add to the category of ``prohibited persons'' anyone 
convicted of a ``misdemeanor crime of domestic violence.'' The 
amendments require individuals acquiring handguns from Federal firearms 
licenses to certify (in accordance with the Brady Law) that they have 
not been convicted of such a crime. The amendments also provide for 
sales between Federal firearms licensees of curio and relic firearms 
away from their licensed premises.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/30/98                    63 FR 35551
Interim Final Rule              06/30/98                    63 FR 35520
NPRM Comment Period End         09/28/98
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB64
_______________________________________________________________________




2612. RESIDENCY REQUIREMENT FOR PERSONS ACQUIRING FIREARMS

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: The temporary rule amends the regulations to provide for a 
firearms purchaser's affirmative statement of his or her State of 
residence on ATF Form 4473 (Firearms Transaction Record) and ATF Form 
5300.35 (Statement of Intent to Obtain a Handgun) in acquiring a 
firearm from a Federal firearms licensee. The temporary rule also 
amends the regulations to require that aliens purchasing a firearm 
provide proof of residency through the use of substantiating 
documentation, such as utility bills or a lease agreement. In addition, 
the regulations are being amended to require that licensees examine a 
photo identification document from aliens purchasing firearms. These 
regulations implement President Clinton's March 5, 1997 announcement of 
firearms initiatives intended to protect the American public from gun 
violence.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/21/97                    62 FR 19446
Interim Final Rule              04/21/97                    62 FR 19442
NPRM Comment Period End         07/21/97
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB66
_______________________________________________________________________




2613. IDENTIFICATION MARKINGS PLACED ON FIREARMS

Priority: Substantive, Nonsignificant

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

CFR Citation: 27 CFR 178; 27 CFR 179

Legal Deadline: None

Abstract: ATF proposes to amend the regulations to prescribe minimum 
height and depth requirements for identification markings placed on 
firearms by licensed importers and licensed manufacturers. ATF believes 
that minimum standards are necessary to ensure that firearms are 
properly identified in accordance with the law. In addition, the 
proposed standards, if adopted, will facilitate ATF's ability to trace 
the origin of firearms used in crime.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/23/99                    64 FR 33450
NPRM Comment Period End         09/21/99
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James Ficaretta, Program Manager, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226

[[Page 23313]]

Phone: 202 927-8230

RIN: 1512-AB84
_______________________________________________________________________




2614. IMPORTATION OF ARMS, AMMUNITION AND IMPLEMENTS OF WAR

Priority: Substantive, Nonsignificant

Legal Authority: 22 USC 2778

CFR Citation: 27 CFR 47

Legal Deadline: None

Abstract: This final rule amends the regulations to implement certain 
provisions of the Model Regulations for the Control of the 
International Movement of Firearms, Their Parts and Components and 
Ammunition. The final rule also makes conforming changes and technical 
amendments to the regulations in part 47.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC02



_______________________________________________________________________



PROCEDURAL


                    ________________________________



2615. IMPLEMENTATION OF THE PAPERWORK REDUCTION ACT

Priority: Info./Admin./Other

Legal Authority: 44 USC 3502

CFR Citation: 5 CFR 1320.7 (f)(2)

Legal Deadline: None

Abstract: This final rule adds approved control numbers issued by OMB 
for collections of information imposed by regulations administered by 
ATF for parts 4, 5 and 7 of the CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy M. Kern, Writer-Editor, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AB90
_______________________________________________________________________




2616. DELEGATION OF AUTHORITY IN 27 CFR PART 18

Priority: Info./Admin./Other

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: Not Yet Determined

CFR Citation: 27 CFR 18

Legal Deadline: None

Abstract: This final rule places most ATF authorities contained in 27 
CFR part 18, with the ``appropriate ATF officer'' and requires that 
persons file documents with ``the appropriate ATF officer.'' Also, this 
rule removes the definitions of, and references to, specific officers 
subordinate to the Director.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy M. Kern, Writer-Editor, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AB99
_______________________________________________________________________




2617. DELEGATION OF AUTHORITY IN 27 CFR PARTS 6, 8, 10 AND 11

Priority: Info./Admin./Other

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: Not Yet Determined

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

Legal Deadline: None

Abstract: This final rule places most ATF authorities contained in 27 
CFR parts 6, 8, 10 and 11, with the ``appropriate ATF officer'' and 
requires that persons file documents with the ``appropriate ATF 
officer.'' Also, this rule removes the definitions of, and references 
to, specific officers subordinate to the Director.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert P. Ruhf, Program Manager, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AC01
_______________________________________________________________________




2618.  DELEGATION OF AUTHORITY IN 27 CFR PART 47

Priority: Info./Admin./Other

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 22 USC 2778

CFR Citation: 27 CFR 47

Legal Deadline: None

Abstract: This final rule places most ATF authorities contained in part 
47, title 27 Code of Federal Regulations, with the ``appropriate ATF 
officer.'' This rule also requires that persons file documents required 
by part 47, with the ``appropriate ATF officer'' or in accordance with 
the ATF form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy M. Kern, Writer-Editor, Department of the

[[Page 23314]]

Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AC04
_______________________________________________________________________




2619.  DELEGATION OF AUTHORITY IN 27 CFR PART 19

Priority: Info./Admin./Other

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: Not Yet Determined

CFR Citation: 27 CFR 19

Legal Deadline: None

Abstract: This final rule places most ATF authorities contained in 27 
CFR part 19, with the appropriate ATF officer and requires that persons 
file documents with the ``appropriate ATF officer.'' Also, this rule 
removes definitions of, and references to, specific officers 
subordinate to the Director.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert P. Ruhf, Program Manager, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AC06



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2620. IMPLEMENTATION OF PUBLIC LAW 105-33, SECTION 9302, RELATED TO THE 
IMPOSITION OF PERMIT REQUIREMENTS ON ROLL-YOUR-OWN TOBACCO

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5701

CFR Citation: 27 CFR 270; 27 CFR 275; 27 CFR 290; 27 CFR 295; 27 CFR 
296

Legal Deadline: NPRM, Statutory, January 1, 2000.

Abstract: ATF has issued a temporary rule and notice of proposed 
rulemaking to implement section 9302(c) and (h) of the Balanced Budget 
Act of 1997.
It includes changes to implement permit requirements on manufacture of 
roll-your-own tobacco.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/22/99                    64 FR 71935
Interim Final Rule              12/22/99                    64 FR 71929
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: Federal

Agency Contact: Robert P. Ruhf, Program Manager, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AB92
_______________________________________________________________________




2621.  IMPLEMENTATION OF PUBLIC LAW 105-33, SECTION 9302, 
REQUIRING THE QUALIFICATION OF TOBACCO PRODUCT IMPORTERS AND 
MISCELLANEOUS TECHNICAL AMENDMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5712; 26 USC 5713

CFR Citation: 27 CFR 275

Legal Deadline: NPRM, Statutory, December 22, 1999.
Final, Statutory, December 22, 1999.

Abstract: These regulations will implement section 9302 provisions of 
Public Law 105-33, requiring permits for businesses engaged in 
importing tobacco products. Also, minor technical amendments have been 
included in this rule.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/22/99                    64 FR 71942
Interim Final Rule              12/22/99                    64 FR 71947
Interim Final Rule Effective    01/01/00
Interim Final Rule Comment 
Period End                      02/22/00
Final Rule                      06/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Cliff A. Mullen, Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massaschusetts 
Avenue NW, Washington, DC 20226
Phone: 202 927-8210

RIN: 1512-AC07
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Long-Term Actions


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2622. EXPORTATION OF LIQUORS

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 252

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
ANPRM                           08/09/96                    61 FR 41500
ANPRM Comment Period End        12/10/96


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marjorie D. Ruhf
Phone: 202 927-8210
Email: [email protected]

RIN: 1512-AA98

[[Page 23315]]

_______________________________________________________________________




2623. ALCOHOLIC CONTENT LABELING FOR MALT BEVERAGES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 7

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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William Foster
Phone: 202 927-8210

RIN: 1512-AB17
_______________________________________________________________________




2624. DISTRIBUTION AND USE OF TAX-FREE ALCOHOL

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 22.21; 27 CFR 22.25 to 22.27; 27 CFR 22.43; 27 CFR 
22.59; 27 CFR 22.60; 27 CFR 22.62; 27 CFR 22.63; 27 CFR 22.68; 27 CFR 
22.152

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/13/96                    61 FR 30019
NPRM Comment Period End         08/12/96


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary A. Wood
Phone: 202 927-8185

RIN: 1512-AB51
_______________________________________________________________________




2625. DISTRIBUTION OF DENATURED ALCOHOL AND RUM

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 20

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           06/13/96                    61 FR 30019
ANPRM Comment Period End        08/12/96


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Mary A. Wood
Phone: 202 927-8185

RIN: 1512-AB57
_______________________________________________________________________




2626. PRODUCTION OF VOLATILE FRUIT FLAVORED CONCENTRATE

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 18.56

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/13/96                    61 FR 30017
NPRM Comment Period End         08/12/96


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary A. Wood
Phone: 202 927-8185

RIN: 1512-AB59
_______________________________________________________________________




2627. FORMULAS FOR DENATURED ALCOHOL AND RUM

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 21.3; 27 CFR 21.6; 27 CFR 21.11; 27 CFR 21.21; 27 
CFR 21.31 to 21.34; 27 CFR 21.56; 27 CFR 21.65; 27 CFR 21.76; 27 CFR 
21.91; 27 CFR 21.95 to 21.97

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/31/96                    61 FR 39929
NPRM Comment Period End         09/30/96


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary A. Wood
Phone: 202 927-8185

RIN: 1512-AB60
_______________________________________________________________________




2628. IMPLEMENTATION OF PUBLIC LAW 105-34, SECTION 1416 RELATING TO 
REFUND OF TAX FOR DOMESTIC WINE RETURNED TO BOND REGARDLESS OF 
MERCHANTABILITY (TAXPAYER RELIEF ACT OF 1997)

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 24.66; 27 CFR 24.295; 27 CFR 24.312

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary A. Wood
Phone: 202 927-8185

RIN: 1512-AB74



_______________________________________________________________________



PROCEDURAL


                    ________________________________



2629. RECODIFICATION OF STATEMENT OF PROCEDURAL RULES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 70

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/13/96                    61 FR 30013
NPRM Comment Period End         08/12/96


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marjorie D. Ruhf
Phone: 202 927-8210
Email: [email protected]

RIN: 1512-AB54



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2630. EXPORTATION OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES, 
WITHOUT PAYMENT OF TAX, OR WITH DRAWBACK OF TAX

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 290

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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marjorie D. Ruhf
Phone: 202 927-8210

[[Page 23316]]

Email: [email protected]

RIN: 1512-AB03
_______________________________________________________________________




2631. BALANCED BUDGET ACT OF 1997-PL 105-33, RESTRICTION ON THE 
IMPORTATION OF DOMESTIC TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES 
RETURNED TO THE UNITED STATES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 200; 27 CFR 270; 27 CFR 275; 27 CFR 290

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/22/99                    64 FR 71918
Interim Final Rule Comment 
Period End                      02/22/00


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Daniel J. Hiland
Phone: 202 927-8210

RIN: 1512-AB81
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________




2632. IMPLEMENTATION OF PL 105-33, SECTION 9302, RELATED TO THE FLOOR 
STOCKS TAX ON TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 296

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/22/99                    64 FR 71948
Final Action Effective          01/01/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert P. Ruhf
Phone: 202 927-8210

RIN: 1512-AB95
_______________________________________________________________________




2633. DELEGATION OF AUTHORITY IN 27 CFR PARTS 4, 5 AND 7

Priority: Info./Admin./Other

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    03/07/00                    65 FR 11889

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert P. Ruhf
Phone: 202 927-8210

RIN: 1512-AB98
_______________________________________________________________________




2634. TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES TAX INCREASES FOR 
JANUARY 1, 2000, AND JANUARY 1, 2002

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 270

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/22/99                    64 FR 71937
Final Action Effective          01/01/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marjorie D. Ruhf
Phone: 202 927-8210
Email: [email protected]

RIN: 1512-AB88
BILLING CODE 4810-31-F
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Bureau of the Public Debt (BPD)



_______________________________________________________________________




2635. REGULATIONS GOVERNING COLLATERAL ACCEPTABILITY AND VALUATION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 90; 12 USC 2122; 12 USC 3101 to 3102; 26 USC 
6302; 31 USC 3336; 31 USC 9303; 31 USC 9301; 31 USC 3301 to 3304; 31 
USC 323; 31 USC 321; 12 USC 265 to 266; 12 USC 332; 12 USC 391; 12 USC 
1452(d); 12 USC 1464(k); 12 USC 1767; 12 USC 1789a; 12 USC 2013

CFR Citation: 31 CFR 380 (New)

Legal Deadline: None

Abstract: The rulemaking will only address the eligibility and 
valuation of required collateral for the payment of certain Federal 
taxes through Treasury Tax and Loan accounts, to secure deposits of 
public monies under the control of public officials and to secure 
obligations in lieu of surety bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/29/99                    64 FR 58364
NPRM Comment Period End         11/29/99
Final Action                    04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Kurt Eidemiller, Senior Financial Advisor, Government 
Securities Regulations Staff, Department of the Treasury, Bureau of the 
Public Debt, Room 315, 999 E Street NW, Washington, DC 20239-0001
Phone: 202 691-3632
Email: [email protected]

RIN: 1535-AA00
BILLING CODE 4830-01-F

[[Page 23317]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2636. 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 1835; 12 USC 3907; 12 USC 3909

CFR Citation: 12 CFR 3

Legal Deadline: None

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 
amending various provisions of the capital rules for national banks. 
Specifically, these changes include: (1) collateralized transactions; 
(2) recourse arrangements and direct credit substitutes; (3) claims on 
securities firms; and (4) bifurcated capital for complex and noncomplex 
banks. The OCC is conducting all of these rulemakings jointly with the 
other Federal banking agencies.

Timetable:
________________________________________________________________________

Bifurcated Capital for Complex and Noncomplex Banks  ANPRM 06/00/00

Claims on Securities Firms  NPRM 06/00/00

Collateralized Transactions  NPRM 08/16/96 (61 FR 42565)  Final Action 
06/00/00

Recourse: Recourse and Direct Credit Substitutes  ANPRM/NPRM 05/25/94 
(59 FR 27116)  NPRM 11/05/97 (62 FR 59944)  NPRM 03/08/00 (65 FR 
12320)  NPRM Comment Period End 06/07/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: Roger Tufts, Senior 
Economic Advisor, Capital Policy Division, (202) 874-5070, FAX (202) 
874-5417, 250 E Street SW, Washington, DC 20219.

Agency Contact: Ronald Shimabukuro, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB14
_______________________________________________________________________




2637. UNIFORM RULES OF PRACTICE AND PROCEDURE; REGULATION REVIEW

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 504; 5 USC 554 to 557; 12 USC 93a; 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 is considering what regulatory actions may be 
necessary to 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.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM - Suspension and Debarment 
of Accountants                  12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mitchell Plave, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB43
_______________________________________________________________________




2638. MINIMUM SECURITY DEVICES AND PROCEDURES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 12 USC 1882

CFR Citation: 12 CFR 21

Legal Deadline: None

Abstract: The OCC is considering a rulemaking that would amend the 
OCC's Minimum Security Devices and Procedures regulation to address 
recent changes made to the definition of the term ``branch'' in the 
National Bank Act by the Economic Growth and Paperwork Reduction Act of 
1996 (EGRPRA). This amendment would clarify that the regulation applies 
to automated teller machines (ATMs) and remote service units (RSUs).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karl Betz, Attorney, Department of the Treasury, 
Comptroller of the Currency, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB71
_______________________________________________________________________




2639.  DEBT CANCELLATION CONTRACTS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 24(Seventh)

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The OCC has issued an advanced notice of proposed rulemaking 
seeking comment on whether it is necessary or appropriate to promulgate 
regulations governing the offering of debt cancellation contracts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           01/26/00                     65 FR 4176
ANPRM Comment Period End        03/27/00
NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Heidi M. Thomas, Legislative Counsel, Department of the 
Treasury, Comptroller of the Currency, 250 E Street SW, Washington, DC 
20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB75
_______________________________________________________________________




2640.  ELECTRONIC BANKING

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The OCC is undertaking a review of its regulations with a 
view

[[Page 23318]]

toward identifying changes to its rules that would remove impediments 
to bank use of technology. To this end, this advance notice of proposed 
rulemaking (ANPRM) invites comment on a wide range of issues involving 
national bank involvement in electronic banking. The ANPRM also 
solicits comment on a few specific areas that the OCC has identified to 
date for possible revisions. Based upon a review of the comments 
received, the OCC may propose specific revisions to its rules for 
comment or issue additional supervisory guidance.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           02/02/00                     65 FR 4895
ANPRM Comment Period End        04/03/00
NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Karl Betz, Attorney, Department of the Treasury, 
Comptroller of the Currency, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB76
_______________________________________________________________________




2641.  FAIR CREDIT REPORTING ACT

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 15 USC 1681s; PL 106-102, sec 506

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The proposed rule will address the sharing of transactional, 
experiential, and other consumer information among persons related by 
common ownership or affiliated by corporate control. Such sharing of 
this information consitutes an exclusion from the definition of 
``consumer report'' under section 603(d) of the Fair Credit Reporting 
Act (15 USC section 1681a(d)).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jeffery Abrahamson, Attorney, Department of the 
Treasury, Comptroller of the Currency, 250 E Street SW., Washington, 
DC, 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB78
_______________________________________________________________________




2642.  BANK ACTIVITIES AND OPERATIONS; FIDUCIARY ACTIVITIES OF 
NATIONAL BANKS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 24(Seventh); 12 USC 92; 12 USC 92a(a); 12 USC 
92a(b); 12 USC 93a

CFR Citation: 12 CFR 7; 12 CFR 9

Legal Deadline: None

Abstract: The OCC is planning to issue a notice of proposed rulemaking 
that would amend 12 CFR part 7 and 12 CFR part 9. The proposed 
revisions to Part 7 add provisions concerning: (1) a national bank's 
authority to solicit and sell insurance under 12 USC 92; (2) activities 
that are part of, or incidental to, the business of banking; and (3) 
parity between national banks and federal thrifts with respect to state 
laws that apply in the case of their respective charters. The proposed 
revisions to part 9 codify OCC interpretations on national bank multi-
state trust operations and establish uniform standards of care 
generally applicable to the exercise of national bank fiduciary powers 
authorized by 12 USC 92a and part 9.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

Agency Contact: Michele Meyer, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB79
_______________________________________________________________________




2643.  INSURANCE CUSTOMER PROTECTION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 24(Seventh); 12 USC 92; 12 USC 
93a; 12 USC 1818; ...

CFR Citation: Not Yet Determined

Legal Deadline: Final, Statutory, November 12, 2000, PL 106-102, sec. 
305.

Abstract: The proposed rule would implement the provisions in section 
305 of the Gramm-Leach-Bliley Act requiring the OCC and other banking 
agencies to adopt regulations governing the retail sales of insurance 
projects. The proposed rule also would address the extent to which the 
protections afforded in the sales of insurance apply to sales of other 
types of nondeposit investment products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Michele Meyer, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB81
_______________________________________________________________________




2644.  BANK ACTIVITIES AND OPERATIONS; LENDING LIMITS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 93a; 12 USC 84

CFR Citation: 12 CFR 7; 12 CFR 32

Legal Deadline: None

Abstract: The OCC is proposing to amend its lending limit rules (part 
32) as well as its interpretive rulings involving corporate practices 
(part 7), in response to comments received pursuant to the OCC's 
community bank advance notice of proposed rulemaking published in the 
Federal Register on May 12, 1999 (64 FR 25469).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

[[Page 23319]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Heidi M. Thomas, Legislative Counsel, Department of the 
Treasury, Comptroller of the Currency, 250 E Street SW, Washington, DC 
20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB82
_______________________________________________________________________




2645.  NOTICE OF EXEMPT PRIVACY ACT SYSTEMS OF RECORDS

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 5 USC 321; 5 USC 552; 5 USC 552a

CFR Citation: 31 CFR 1

Legal Deadline: None

Abstract: The OCC, with the concurrence of the Department of the 
Treasury, is issuing an interim rule with request for comment to amend 
the Treasury Regulation that sets forth the systems of records 
maintained by Treasury Department agencies and bureaus that are exempt 
from certain provisions of the Privacy Act of 1974. The OCC is amending 
this regulation to update and expand the list of its systems of records 
that are exempt from certain provisions of the privacy act and to 
clarify the bases for these exemptions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Rule w/Request for 
Comment                         05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Michele Meyer, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB83
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2646. 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 3102; 15 
USC 78c; 15 USC 78d; 26 DC Code 102

CFR Citation: 12 CFR 8

Legal Deadline: None

Abstract: By statute, the OCC assesses banks to meet the OCC's expenses 
in carrying out its activities. The rulemaking would propose revising 
12 CFR part 8 to capture better the OCC's cost of supervising 
institutions that currently do not pay the full costs of OCC 
supervision because their balance sheets do not fully reflect the 
nature of their business.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/21/00                    65 FR 15111
NPRM Comment Period End         04/20/00
Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mitchell Plave, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB72
_______________________________________________________________________




2647.  PRIVACY

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; PL 106-102

CFR Citation: 12 CFR 40

Legal Deadline: Final, Statutory, May 12, 2000, PL 106-102, sec. 504.

Abstract: This rule will implement the provisions in the Gramm-Leach-
Bliley Act concerning privacy. The OCC and other regulators of 
financial institutions will issue regulations governing the providing 
of privacy policies and notices of the right to opt out of sharing of 
nonpublic personal information with nonaffiliated third parties.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/22/00                     65 FR 8770
NRPM Comment Period End         03/31/00
Final Rule                      05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Mark J. Tenhundfeld, Assistant Director, Department of 
the Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB77

[[Page 23320]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Long-Term Actions


Comptroller of the Currency (OCC)



_______________________________________________________________________




2648. QUALIFICATION REQUIREMENTS FOR TRANSACTIONS IN CERTAIN SECURITIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 12 USC 1818; 12 USC 1831p-1

CFR Citation: 12 CFR 12

Legal Deadline: None

Abstract: The regulation will require bank employees to meet certain 
qualification standards before selling non-deposit investment products 
in a bank.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/30/96                    61 FR 68823
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mark J. Tenhundfeld, Assistant Director, Department of 
the Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB54
_______________________________________________________________________




2649. RULES AND PROCEDURES FOR CLAIMS AGAINST OCC-APPOINTED 
RECEIVERSHIPS FOR UNINSURED FINANCIAL INSTITUTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 12 USC 192; 12 USC 206; 12 USC 3108

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This regulation will establish rules and procedures for 
processing claims against receivers for uninsured Federal institutions 
that are chartered or licensed by the OCC.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mitchell Plave, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB59
_______________________________________________________________________




2650. REAL ESTATE APPRAISALS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 12 USC 3331 et seq

CFR Citation: 12 CFR 34

Legal Deadline: None

Abstract: This rulemaking would amend the OCC's appraisal regulation to 
exempt transactions involving mortgage-backed securities (MBS) from its 
principal appraisal requirements. The amendment would allow national 
banks to invest in commercial mortgage-backed securities (CMBS) without 
regard to appraisals.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mitchell Plave, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB70
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


Comptroller of the Currency (OCC)



_______________________________________________________________________




2651. INTERAGENCY GUIDELINES ESTABLISHING YEAR 2000 STANDARDS FOR SAFETY 
AND SOUNDNESS

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 30 app B

Legal Deadline: None

Abstract: The guidelines establish Year 2000 safety and soundness 
standards under section 39 of the Federal Deposit Insurance Act (12 USC 
1831p-1) to address the Year 2000 problem. Under the auspices of the 
Federal Financial Institutions Examination Council (FFIEC), the 
agencies have already issued several statements providing guidance on 
important aspects of Year 2000 readiness. The guidelines complement 
those statements by establishing minimum safety and soundness standards 
for achieving Year 2000 readiness.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Rule With Request for 
Comments                        10/15/98                    63 FR 55480
Interim Rule Effective Date     10/15/98
Final Action                    11/29/99                    64 FR 66700
Final Action Effective          11/29/99

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karl Betz, Attorney, Department of the Treasury, 
Comptroller of the Currency, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB67
_______________________________________________________________________




2652. COMMUNITY DEVELOPMENT CORPORATIONS, COMMUNITY DEVELOPMENT 
PROJECTS, AND OTHER PUBLIC WELFARE INVESTMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 24

Legal Deadline: None

Abstract: The OCC is proposing to amend 12 CFR part 24 to, among other 
things, (a) remove the community benefit statement requirement in self-
certification letters and investment proposals submitted to the OCC for 
prior approval; and (b) remove the

[[Page 23321]]

requirement that no more than 25 percent of the bank's community 
investment funds projects in a State or metropolitan area other than 
the States or metropolitan areas in which the bank maintains its main 
office or has branches.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/10/99                    64 FR 31160
NPRM Comment Period End         08/09/99
Final Action                    12/20/99                    64 FR 70986
Final Action Effective          01/19/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Heidi M. Thomas, Legislative Counsel, Department of the 
Treasury, Comptroller of the Currency, 250 E Street SW, Washington, DC 
20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB69
_______________________________________________________________________




2653. GUIDELINES ESTABLISHING YEAR 2000 STANDARDS FOR SAFETY AND 
SOUNDNESS FOR NATIONAL BANK TRANSFER AGENTS AND BROKER-DEALERS

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 30

Legal Deadline: None

Abstract: The interim guidelines establish Year 2000 standards for 
safety and soundness for national bank transfer agents and brokers or 
dealers. These guidelines describe the essential steps that national 
banks and, where applicable, national bank operating subsidiaries must 
take to ensure the Year 2000 readiness of their transfer agent and 
broker or dealer automated systems.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              09/30/99                    64 FR 52638
Interim Final Rule Effective    09/30/99
Interim Final Rule Comment 
Period End                      11/29/99

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Karl Betz, Attorney, Department of the Treasury, 
Comptroller of the Currency, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB73
_______________________________________________________________________




2654. LOANS IN AREAS HAVING SPECIAL FLOOD HAZARDS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 42 USC 4012a; 42 USC 4104a; 42 USC 4104b; 
42 USC 4106; 42 USC 4128

CFR Citation: 12 CFR 22.6

Legal Deadline: None

Abstract: The rule amends 12 CFR 22.6(a) by deleting an outdated cross 
reference to an appendix to 44 CFR part 65. In May 1998, the Federal 
Emergency Management Agency (FEMA) amended its regulations at 44 CFR 
part 65 to remove Appendix A (containing the Standard Flood Hazard 
Determination Form). 63 Fed. Reg. 27856, May 21, 1998. The Form 
continues to be available from FEMA. 64 Fed. Reg. 3104, January 20, 
1999. The amended rule will state that the Standard Flood Hazard 
Determination Form is available from FEMA and will provide FEMA's 
address where national banks and the public may obtain the Form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      12/21/99                    64 FR 71272
Final Rule Effective            12/21/99

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jacqueline Lussier, Senior Attorney, Department of the 
Treasury, Comptroller of the Currency, Legislative and Regulatory 
Activities Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB74
_______________________________________________________________________




2655.  FINANCIAL SUBSIDIARIES AND OPERATING SUBSIDIARIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; PL 106-102, sec 121

CFR Citation: 12 CFR 5

Legal Deadline: Final, Statutory, August 8, 2000, PL 106-102, sec. 121.

Abstract: The OCC is amending Part 5 to implement section 121 of the 
Gramm-Leach-Bliley Act. Section 121 authorizes national banks to 
acquire control of, or hold an interest in, a new entity called a 
financial subsidiary. The final rule sets forth the activities 
authorized for financial subsidiaries, and the qualifications, 
safeguards, and procedures that apply to national banks that control or 
hold an interest in a financial subsidiary. The OCC also is revising 
its operating subsidiary rule to make conforming changes and further 
reduce unnecessary burdens for banks proposing to engage in activities 
through operating subsidiaries.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/20/00                     65 FR 3157
NPRM Comment Period End         02/14/00
Final Rule                      03/10/00                    65 FR 12905
Final Rule Effective            03/11/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Stuart E. Feldstein, Assistant Director, Department of 
the Treasury, Comptroller of the Currency, 250 E Street SW, Washington, 
DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB80
BILLING CODE 4810-33-F

[[Page 23322]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2656. LIQUIDATION; EXTENSION; SUSPENSION

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

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                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William G. Rosoff, Chief, Duty Refund and Determination 
Branch, Office of Regulations and Rulings, Department of the Treasury, 
United States Customs Service, 1300 Pennsylvania Avenue NW, Washington, 
DC 20229
Phone: 202 927-2077

RIN: 1515-AB66
_______________________________________________________________________




2657. DETENTION, SEIZURE, AND FORFEITURE OF ``BOOTLEG'' SOUND RECORDING 
AND MUSIC VIDEOS OF LIVE MUSICAL PERFORMANCES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 58a; 19 USC 
58b; 19 USC 58c; 19 USC 66; 17 USC 101; 17 USC 601; 17 USC 602; 17 USC 
603; 31 USC 9701

CFR Citation: 19 CFR 12; 19 CFR 24; 19 CFR 133

Legal Deadline: None

Abstract: Amendment to provide for the detention, seizure, and 
forfeiture of unauthorized (bootleg) copies of sound recordings and 
music videos of live musical performances recorded outside of and 
imported into the United States, as provided by section 513(a) of the 
Uruguay Round Agreements Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: George F. McCray, Attorney, Intellectual Property 
Rights Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2387

RIN: 1515-AB74
_______________________________________________________________________




2658. RECONCILIATION

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 19 USC 66; 19 USC 1484; 19 USC 1500; 19 USC 1624

CFR Citation: 19 CFR 142; 19 CFR 159

Legal Deadline: None

Abstract: Amendment to allow those elements of an entry, other than 
those elements relating to the admissibility of the merchandise, that 
are undetermined at the time an entry summary or an import activity 
summary is required to be submitted, to be provided to Customs at a 
later date.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John Durant, Director, Commercial Rulings Division, 
Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2244

RIN: 1515-AB85
_______________________________________________________________________




2659. REMOTE LOCATION FILING

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1484; 19 USC 1624; 19 
USC 1641

CFR Citation: 19 CFR 111; 19 CFR 113; 19 CFR 141; 19 CFR 143

Legal Deadline: None

Abstract: Amendment to allow entry filers to electronically file 
entries of merchandise with Customs from locations within the United 
States other than at the port of arrival of the merchandise or the 
location of examination of the merchandise.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Engelbach, Trade Compliance Officer, Office of 
Field Operations, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2293

RIN: 1515-AC23

[[Page 23323]]

_______________________________________________________________________




2660. NAFTA PREFERENCE OVERRIDE

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 3314; 19 
USC 3592

CFR Citation: 19 CFR 102

Legal Deadline: None

Abstract: Amendment concerns the North American Free Trade Agreement 
(NAFTA) preference override provision within the NAFTA Marking Rules 
set forth in part 102 of the Customs Regulations. Amendment would 
eliminate unintended origin and duty consequences under certain 
circumstances where the regulation is applied as a result of a claim 
for NAFTA preference.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Burton Schlissel, Attorney, Special Classification and 
Marking Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2310

RIN: 1515-AC25
_______________________________________________________________________




2661. INFORMAL ENTRY OF LOW-VALUE DUTY-FREE MERCHANDISE

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 19 USC 66; 19 USC 1481; 19 USC 1484; 19 USC 1498; 19 
USC 1624

CFR Citation: 19 CFR 143

Legal Deadline: None

Abstract: Amendment to permit, with some exceptions, the use of Customs 
Form 7523, for purposes of informal entry of shipments of duty-free 
merchandise not exceeding $2,000 in value. Under the amendment, the 
right to file Customs Form 7523 would no longer be restricted to the 
importer and the filing would no longer have to be supported by 
evidence of the right to make entry. By allowing a filing by the 
carrier or any other party having possession of the imported 
merchandise, the amendment would have the effect of expediting the 
release and entry of the merchandise.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Craig Clark, Attorney, Entry Procedures and Carriers 
Branch, Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2317

RIN: 1515-AC38
_______________________________________________________________________




2662. AMENDED BOND PROCEDURES FOR ARTICLES SUBJECT TO EXCLUSION ORDERS 
ISSUED BY THE U.S. INTERNATIONAL TRADE COMMISSION

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1337; 19 USC 
1623; 19 USC 1624

CFR Citation: 19 CFR 12; 19 CFR 113

Legal Deadline: None

Abstract: Amendment to reflect the statutory provisions regarding bond 
procedures for the entry of articles subject to exclusion orders issued 
by the U.S. International Trade Commission. Amendment also includes the 
text of a new special importation and entry bond in the Customs 
Regulations. Changes reflect the terms of section 337 of the Tariff Act 
of 1930, as amended by section 321 of the Uruguay Round Agreements Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/08/00                     65 FR 6062
NPRM Comment Period End         04/10/00
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Glen E. Vereb, Senior Attorney, Entry Procedures and 
Carriers Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1327

RIN: 1515-AC43
_______________________________________________________________________




2663. PERSONAL USE LIMITATION FOR PURCHASES AT DUTY-FREE STORES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1555; 19 USC 
1624

CFR Citation: 19 CFR 19

Legal Deadline: None

Abstract: Amendment to limit sales at all duty-free stores to 
quantities appropriate for personal use. Currently, such personal-use 
limitations on sales apply only at airport stores. Amendment would 
extend the personal-use quantity restriction to sales at land border 
and seaport stores. Amendment would provide consistent and uniform 
treatment to all duty-free stores and is intended primarily to deter 
diversion and smuggling of conditionally duty-free merchandise, 
especially tobacco products, sold at duty-free stores.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Creighton W. Goldsmith, Chief Inspector, Department of 
the Treasury, United States Customs Service, Room No. 2500, 1001 Bishop 
Street, Pacific Tower, Honolulu, HI 96813
Phone: 808 522-8080
Email: creighton.w.goldsmith @customs.treas.gov

RIN: 1515-AC50
_______________________________________________________________________




2664.  ADMINISTRATIVE RULINGS

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1502; 19 USC 
1624; 19 USC 1625

CFR Citation: 19 CFR 177

Legal Deadline: None

Abstract: Document revises those provisions of the Customs Regulations

[[Page 23324]]

that concern the issuance of administrative rulings and related written 
determinations and decisions on prospective and current transactions 
arising under the Customs and related laws. Changes include amendments 
in response to statutory changes made to the administrative ruling 
process by section 623 of the Customs Modernization provisions of the 
North American Free Trade Agreement Implementation Act, as well as 
substantive and organizational changes to clarify current 
administrative practice and otherwise improve the layout and 
readability of the present regulatory texts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John Elkins, Chief, Textiles Branch, Office of 
Regulations and Rulings, Department of the Treasury, United States 
Customs Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2380

RIN: 1515-AC56
_______________________________________________________________________




2665.  GENERAL ORDER WAREHOUSES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1311; 19 USC 
1312; 19 USC 1484; 19 USC 1485; 19 USC 1490; 19 USC 1491; 19 USC 1492; 
19 USC 1493; 19 USC 1506; 19 USC 1559; 19 USC 1563

CFR Citation: 19 CFR 4; 19 CFR 19; 19 CFR 122; 19 CFR 123; 19 CFR 127

Legal Deadline: None

Abstract: Amendment principally creates a new class of bonded warehouse 
exclusively for the receipt of general order merchandise and includes 
procedures for authorizing and operating general order warehouses. 
Amendment also implements certain amendments to the law made by the 
Customs modernization portion of the North American Free Trade 
Agreement Implementation Act concerning the circumstances where the 
title to unclaimed and abandoned merchandise vests in the Government, 
in lieu of sale of the merchandise at public auction.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Raymond Janiszewski, Supervisory Import Specialist, 
Office of Field Operations, Department of the Treasury, United States 
Customs Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-0365

RIN: 1515-AC57
_______________________________________________________________________




2666.  DEFERRAL OF DUTY ON LARGE YACHTS IMPORTED FOR SALE

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1484b; 19 USC 1623; 19 
USC 1624

CFR Citation: 19 CFR 4; 19 CFR 113

Legal Deadline: None

Abstract: Amendment to set forth procedures for the deferral of entry 
filing and duty collection on certain yachts imported for sales at boat 
shows in the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Larry L. Burton, Attorney, Entry Procedures and 
Carriers Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1287

Robert E. Watt, Program Officer, Department of the Treasury, United 
States Customs Service, Office of Field Operations, 1300 Pennsylvania 
Avenue NW, Washington, DC 20229
Phone: 202 927-3654

RIN: 1515-AC58
_______________________________________________________________________




2667.  CIVIL AIRCRAFT

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 
3314

CFR Citation: 19 CFR 10

Legal Deadline: None

Abstract: Amendment concerning the duty-free entry of civil aircraft 
merchandise to reflect amendments to General Note 6 of the Harmonized 
Tariff Schedule of the United States made by the Miscellaneous Trade 
and Technical Corrections Act of 1996.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dixie Lee Staple, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue,NW, Washington, DC 20229
Phone: 202 927-1131

RIN: 1515-AC59

[[Page 23325]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2668. INTEREST ON UNDERPAYMENTS AND OVERPAYMENTS OF CUSTOMS DUTIES, FEES 
AND INTEREST

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 58a; 19 USC 58b; 19 USC 
58c; 19 USC 1202; 19 USC 1505; 19 USC 1624; 31 USC 9701; 19 USC 1500; 
19 USC 1504; 19 USC 1315; 19 USC 1514; 19 USC 1515

CFR Citation: 19 CFR 24; 19 CFR 159; 19 CFR 174

Legal Deadline: None

Abstract: Amendment to reflect the provisions of section 505 of the 
Tariff Act of 1930, as amended by section 642(a) of the North American 
Free Trade Agreement Implementation Act, regarding the assessment of 
interest due to underpayments or overpayments to Customs of duties and 
fees pertaining to imported merchandise, including interest thereon.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              10/20/99                    64 FR 56433
Interim Final Rule Comment 
Period End                      12/20/99
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert Reiley, Financial Officer, Financial Management 
Division, Department of the Treasury, United States Customs Service, 
1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1504

RIN: 1515-AB76
_______________________________________________________________________




2669. NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA) -- IMPLEMENTATION OF 
DUTY-DEFERRAL PROGRAM PROVISIONS

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 1448; 19 USC 1481; 19 USC 1484; 19 
USC 1202; 19 USC 1315; 19 USC 1624; 19 USC 3314

CFR Citation: 19 CFR 181; 19 CFR 113; 19 CFR 141; 19 CFR 144; 19 CFR 10

Legal Deadline: Final, Statutory, January 1, 1996.

Abstract: Document amends regulations to establish procedural and other 
requirements that apply to the collection, waiver, and reduction of 
duties under the duty-deferral program provisions of the North American 
Free Trade Agreement. The document prescribes the documentary and other 
requirements that must be followed when merchandise is withdrawn from a 
U.S. duty-deferral program either for exportation to another NAFTA 
country or for entry into a duty-deferral program of another NAFTA 
country, the procedures that must be followed in filing a claim for a 
waiver or reduction of duties collected on such merchandise, and the 
procedures for finalization of duty collections and duty waiver or 
reduction claims.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              01/30/96                     61 FR 2908
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Shawn Filion, Commercial Program Specialist, Department 
of the Treasury, United States Customs Service, Office of Field 
Operations, North Star Commercial, P.O. Box 400, Buffalo, NY 14225
Phone: 716 551-3053

RIN: 1515-AB87
_______________________________________________________________________




2670. ELECTRONIC REQUESTS FOR CONFIDENTIAL TREATMENT OF EXPORT MANIFEST 
DATA

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 103

Legal Deadline: None

Abstract: Document would amend Customs Regulations concerning export 
manifest data to enable shippers to request confidential treatment of 
their name and address information on the Automated Export System.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/12/96                    61 FR 48098
NPRM Comment Period End         11/12/96
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Carla Brooks, Automated Export System Team, Department 
of the Treasury, United States Customs Service, 1300 Pennsylvania 
Avenue NW, Washington, DC 20229
Phone: 202 927-2246

RIN: 1515-AB89
_______________________________________________________________________




2671. ENTRY OF SOFTWOOD LUMBER SHIPMENTS FROM CANADA

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1624; 19 USC 
2416; 19 USC 2171

CFR Citation: 19 CFR 12; 19 CFR 113

Legal Deadline: None

Abstract: Document sets forth amendments establishing additional entry 
requirements applicable to shipments of softwood lumber from Canada. 
Amendment involves the collection of certain additional information for 
purposes of monitoring and enforcing an agreement between the 
Governments of the United States and Canada regarding trade in softwood 
lumber.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              02/26/97                     62 FR 8620
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joyce Metzger, Office of Field Operations, Department 
of the Treasury, United States Customs Service, 1300 Pennsylvania 
Avenue NW, Washington, DC 20229
Phone: 202 927-0792

RIN: 1515-AB97
_______________________________________________________________________




2672. PETITIONS FOR RELIEF; SEIZURES, PENALTIES, AND LIQUIDATED DAMAGES

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 19 USC 66; 19 USC 1592; 19 USC 1618; 19 USC 1624; 19 
USC 1623

CFR Citation: 19 CFR 171; 19 CFR 172; 19 CFR 18; 19 CFR 24; 19 CFR 111;

[[Page 23326]]

19 CFR 113; 19 CFR 114; 19 CFR 125; 19 CFR 145; 19 CFR 162; 19 CFR 10; 
19 CFR 12

Legal Deadline: None

Abstract: Amendments relating to the filing of petitions in penalty, 
liquidated damages and seizure cases. Amendments are designed to allow 
more flexibility and useful contact with Government officials in an 
effort to administer cases in the most efficient way possible. 
Amendments promote a more customer-friendly atmosphere and eliminate 
needless or redundant provisions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/02/98                     63 FR 5329
NPRM Comment Period End         04/03/98
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeremy Baskin, Attorney-Advisor, Penalties Branch, 
Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1176

RIN: 1515-AC01
_______________________________________________________________________




2673. GUIDELINES FOR THE IMPOSITION AND MITIGATION OF PENALTIES FOR 
VIOLATION OF 19 USC 1592

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 1592; 19 USC 1618; 19 USC 1624

CFR Citation: 19 CFR 171

Legal Deadline: None

Abstract: Revision of guidelines for remitting and mitigating penalties 
relating to violations of section 592 of the Tariff Act of 1930, as 
amended. A violation of 592 involves the entry or introduction or 
attempted entry or introduction of merchandise into the United States 
by fraud, gross negligence or negligence.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/28/98                    63 FR 57628
NPRM Comment Period End         12/28/98
Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Charles D. Ressin, Branch Chief, Penalties Branch, 
Department of the Treasury, United States Customs Service, Office of 
Regulations and Rulings, 1300 Pennsylvania Avenue NW, Washington, DC 
20229
Phone: 202 927-2344

RIN: 1515-AC08
_______________________________________________________________________




2674. CUSTOMS ENTRY DOCUMENTATION PURSUANT TO ANTICOUNTERFEITING 
CONSUMER PROTECTION ACT

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 141

Legal Deadline: Final, Statutory, January 2, 1997.

Abstract: Document implements section 12 of the Anticounterfeiting 
Consumer Protection Act of 1996 (ACPA), which was enacted by Congress 
to protect consumers and American businesses from counterfeit 
copyrighted and trademarked products. Section 12 of the ACPA concerns 
the content of entry documentation required by Customs to determine 
whether the imported merchandise or its packaging bears an infringing 
trademark. Amendment requires importers to provide on the invoice a 
listing of all trademarks appearing on imported merchandise and its 
packaging.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/13/99                    64 FR 49423
NPRM Comment Period End         12/13/99                    64 FR 62135
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Michael L. Smith, Attorney, Intellectual Property 
Rights Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2326

RIN: 1515-AC15
_______________________________________________________________________




2675. FOREIGN REPAIRS TO AMERICAN VESSELS

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1431; 19 USC 1433; 19 USC 
1434; 19 USC 1466; 19 USC 1498; 19 USC 1624; 46 USC app 3; 46 USC app 
91

CFR Citation: 19 CFR 4; 19 CFR 159

Legal Deadline: None

Abstract: Amendment to revise the Customs Regulations regarding the 
declaration, entry, assessment of duty and processing of petitions for 
relief from duty for vessels of the United States which undergo foreign 
shipyard operations. Amendment reflects underlying statutory authority, 
as well as legal and policy determinations made as a result of judicial 
decisions and administrative enforcement experience.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/21/99                    64 FR 19508
NPRM Comment Period End         07/21/99                    64 FR 29975
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Larry L. Burton, Attorney, Entry Procedures and 
Carriers Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1287

RIN: 1515-AC30
_______________________________________________________________________




2676. COUNTRY OF ORIGIN MARKING

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

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: Amendments clarify the country of origin marking rules set 
forth in part 134 of the Customs Regulations. Amendments promote the

[[Page 23327]]

concept of informed compliance by the trade and proper field 
administration of the statutory requirement.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/26/00                     65 FR 4193
NPRM Comment Period End         03/27/00
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Burton Schlissel, Attorney, Special Classification and 
Marking Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2310

Monika Rice Brenner, Attorney-Advisor, Special Classification and 
Marking Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue, NW, Washington, DC 20229
Phone: 202 927-2310

Kristen VerSteeg, Attorney-Advisor, Special Classification and Marking 
Branch, Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue,NW, Washington, DC 20229
Phone: 202 927-2310

RIN: 1515-AC32
_______________________________________________________________________




2677. VESSEL EQUIPMENT TEMPORARILY LANDED FOR REPAIR

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 4

Legal Deadline: None

Abstract: Amendment provides for the temporary landing in the United 
States of vessel equipment in need of repair, without requiring entry 
of that equipment under a Temporary Importation Bond (TIB). Such 
equipment would be permitted to be landed for repair and relading 
aboard the same vessel, subject to Customs issuance of a special permit 
or license for the landed equipment under an International Carrier 
Bond.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/18/99                    64 FR 13370
NPRM Comment Period End         05/17/99
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Larry L. Burton, Attorney, Entry Procedures and 
Carriers Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1287

RIN: 1515-AC35
_______________________________________________________________________




2678. FORCED OR INDENTURED CHILD LABOR

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1307; 19 USC 
1624

CFR Citation: 19 CFR 12

Legal Deadline: None

Abstract: Amendment of Customs Regulations to provide for the seizure 
and forfeiture of merchandise that is found to be a prohibited 
importation under applicable Customs law concerning products of convict 
labor, forced labor, or indentured labor under penal sanctions. 
Amendment makes clear that nothing in the regulations precludes Customs 
from seizing for forfeiture merchandise imported in violation of 
applicable Federal criminal law dealing with prison-labor goods. 
Amendment is intended to stop illegal shipments of products of forced 
or indentured child labor and to punish violators.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/17/99                    64 FR 62618
NPRM Comment Period End         01/18/00
Final Action                    07/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Glen E. Vereb, Senior Attorney, Entry Procedures and 
Carriers Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1327

RIN: 1515-AC36
_______________________________________________________________________




2679. EXPANDED METHODS OF PAYMENT OF DUTIES, TAXES, INTEREST AND FEES

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 5 USC 301; 19 USC 58a; 19 USC 58b; 19 USC 58c; 19 USC 
66; 19 USC 1202; 19 USC 1450; 19 USC 1624; 31 USC 9701; 19 USC 197; 19 
USC 198

CFR Citation: 19 CFR 24

Legal Deadline: None

Abstract: Amendment to expand the number of ways that Customs will 
accept payment of duties, taxes, fees, interest and other charges. 
Currently, the regulations allow for credit or charge cards, which have 
been authorized by the Commissioner of Customs, to be used at 
designated Customs-serviced locations with a limitation that this 
method of payment may only be used by non-commercial entities. 
Amendment allows payment of duties, taxes, fees, interest and other 
charges by any electronic technology or charge cards (either debit or 
credit cards) that are authorized by the Commissioner of Customs and by 
removing the limitation that these methods of payment may only be used 
by non-commercial entities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/17/99                    64 FR 13141
NPRM Comment Period End         05/17/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Elizabeth Dichysyn, Accountant, Accounting Services 
Division, Department of the Treasury, United States Customs Service, 
Office of Finance, 6026 Lakeside Boulevard, Indianapolis, IN 46278
Phone: 317 298-1200

RIN: 1515-AC40

[[Page 23328]]

_______________________________________________________________________




2680. IMPORTATION AND ENTRY BOND CONDITIONS REGARDING OTHER AGENCY 
DOCUMENTATION REQUIREMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 113

Legal Deadline: None

Abstract: Amendment with regard to the basic importation and entry bond 
condition under which, if merchandise is conditionally released to the 
principal named in the bond, the principal agrees to furnish Customs 
with any document or evidence as required by law or regulation. 
Amendment would extend this requirement, and consequently the potential 
liability for payment of liquidated damages for a breach of the bond 
condition, to documents and evidence submitted to other Government 
agencies under laws and regulations of those other agencies.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/06/99                    64 FR 42872
NPRM Comment Period End         10/05/99
Final Action                    09/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeremy Baskin, Attorney-Advisor, Penalties Branch, 
Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1176

RIN: 1515-AC44
_______________________________________________________________________




2681. ASSESSMENT OF LIQUIDATED DAMAGES REGARDING IMPORTED MERCHANDISE 
THAT IS NOT ADMISSIBLE UNDER THE FOOD, DRUG AND COSMETIC ACT

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1623; 19 USC 
1448; 19 USC 1484; 19 USC 1499; 7 USC 135h; 21 USC 381; 19 USC 1624

CFR Citation: 19 CFR 12; 19 CFR 113; 19 CFR 141

Legal Deadline: None

Abstract: Amendment of the Customs Regulations to provide for the 
assessment of liquidated damages equal to the domestic value of the 
merchandise in the case of merchandise that is not admissible under the 
provisions of the Food, Drug and Cosmetic Act, and that is not treated, 
or otherwise disposed of in accordance with that Act. Amendment also 
provides for liquidated damages of three times the appraised value of 
the merchandise in the case of merchandise that is restricted or 
prohibited from entry. Amendments are intended to enhance the 
effectiveness of the affected regulatory provisions by increasing and 
clarifying the potential liability for the payment of liquidated 
damages by principals and sureties on customs bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/02/99                    64 FR 41851
NPRM Comment Period End         10/01/99
Final Action                    09/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeremy Baskin, Attorney-Advisor, Penalties Branch, 
Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-1176

RIN: 1515-AC45
_______________________________________________________________________




2682. ENDORSEMENT OF CHECKS DEPOSITED BY U.S. CUSTOMS SERVICE

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 58a; 19 USC 58b; 19 USC 58c; 19 USC 
197; 19 USC 198; 19 USC 1202; 19 USC 1450; 19 USC 1624; 19 USC 1648; 31 
USC 9701

CFR Citation: 19 CFR 24

Legal Deadline: None

Abstract: Amendment of the Customs Regulations to reflect that Customs 
employees authorized to accept certain monetary instruments (such as 
checks) in payment of Customs duties, taxes, and other charges are no 
longer required to place their names and badge numbers on the 
instrument and that certain other information must be placed on the 
front side of the instrument, rather than the reverse side of the 
instrument. Changes are designed to avoid a conflict with Federal 
Reserve System regulations that govern the endorsement of checks by 
banks.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/17/99                    64 FR 62619
NPRM Comment Period End         01/18/00
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jo Cohen, Acting Director, Financial Management 
Division, Department of the Treasury, United States Customs Service, 
Office of Finance, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-6140

RIN: 1515-AC48
_______________________________________________________________________




2683.  LOCATION OF DUTY-FREE STORES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1555; 19 USC 
1624

CFR Citation: 19 CFR 19

Legal Deadline: None

Abstract: Amendment to conform the Customs Regulations to the 
Miscellaneous Trade And Technical Corrections Act of 1999 regarding the 
permissible location of a duty-free store. In addition to the existing 
permissible locations, a duty-free store that is an airport store as 
defined in the law may also be located in, or within 25 statute miles 
of, any staffed port of entry, whether or not it is the same port 
through which a purchaser at the store will depart from the Customs 
territory of the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William G. Rosoff, Chief, Duty Refund and Determination 
Branch, Office of Regulations and Rulings, Department of the Treasury, 
United States Customs Service, 1300 Pennsylvania Avenue NW, Washington, 
DC 20229

[[Page 23329]]

Phone: 202 927-2077

RIN: 1515-AC53
_______________________________________________________________________




2684.  EXPORT CERTIFICATES FOR LAMB MEAT SUBJECT TO TARIFF-RATE 
QUOTA

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 132; 19 CFR 163

Legal Deadline: None

Abstract: Amendment to set forth the form and manner by which an 
importer establishes that a valid export certificate is in effect for 
certain fresh, chilled or frozen lamb meat that is the subject of a 
tariff-rate quota, and the product of a participating country, as 
defined in regulations of the United States Trade Representative. The 
export certificate is necessary in this regard in order to enable the 
importer to claim the in-quota rate of duty on the lamb meat.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/02/99                    64 FR 67481
Interim Final Rule Effective    12/02/99
Interim Final Rule Comment 
Period End                      01/31/00
Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cynthia Porter, Chief, Quota Branch, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue,NW, Washington, DC 20229
Phone: 202 927-5399

RIN: 1515-AC54
_______________________________________________________________________




2685.  EXPORT CERTIFICATES FOR SUGAR-CONTAINING PRODUCTS SUBJECT 
TO TARIFF-RATE QUOTA

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 132

Legal Deadline: None

Abstract: Amendment to set forth the form and manner by which an 
importer establishes that a valid export certificate is in effect for 
certain sugar-containing products subject to tariff-rate quota, that 
are products of a participating country as defined in the regulations 
of the United States Trade Representative. The export certificate is 
necessary to enable the importer to claim the in-quota rate of duty on 
the sugar-containing products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              02/04/00                     65 FR 5430
Interim Final Rule Effective    02/04/00
Interim Final Rule Comment 
Period End                      04/04/00
Final Action                    08/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Leon Hayward, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue, NW, Washington, DC 20229
Phone: 202 927-9704

RIN: 1515-AC55
_______________________________________________________________________




2686.  SUMMARY FORFEITURE OF CONTROLLED SUBSTANCES

Priority: Routine and Frequent

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1592; 19 USC 1593a; 19 
USC 1624; 21 USC 801; 21 USC 802; 21 USC 812; 21 USC 881; 21 USC 951

CFR Citation: 19 CFR 162

Legal Deadline: None

Abstract: Amendment updates the Customs Regulations to reflect that 
Schedule II controlled substances as well as Schedule I controlled 
substances are subject to seizure and summary forfeiture.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Todd Schneider, Attorney, Department of the Treasury, 
United States Customs Service, 1300 Pennsylvania Avenue NW, Washington, 
DC 20229
Phone: 202 927-1694

RIN: 1515-AC60
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Long-Term Actions


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2687. HARBOR MAINTENANCE FEE

Priority: Substantive, Nonsignificant

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/30/87                    52 FR 10198
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patricia Barbare
Phone: 202 927-0310

RIN: 1515-AA57
_______________________________________________________________________




2688. DONATED CARGO EXEMPTION FROM HARBOR MAINTENANCE FEE

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 24

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              01/08/92                      57 FR 607
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patricia Barbare
Phone: 202 927-0310

RIN: 1515-AA87
_______________________________________________________________________




2689. AUTOMATED SURETY INTERFACE

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 113

[[Page 23330]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/22/93                     58 FR 5680
NPRM Comment Period End         04/22/93                    58 FR 16632


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Diane Hundertmark
Phone: 202 927-0355

RIN: 1515-AB25
_______________________________________________________________________




2690. FEES ASSESSED FOR DEFAULTED PAYMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 24

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/23/94                    59 FR 13664
NPRM Comment Period End         05/23/94


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: David Baker
Phone: 202 927-0620

RIN: 1515-AB38
_______________________________________________________________________




2691. TEXTILES AND TEXTILE PRODUCTS SUBJECT TO TEXTILE TRADE AGREEMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 12

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dick Crichton
Phone: 202 927-0162

RIN: 1515-AB54
_______________________________________________________________________




2692. COUNTRY-OF-ORIGIN MARKING REQUIREMENTS FOR FROZEN PRODUCE PACKAGES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 134

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           02/02/95                     60 FR 6464
ANPRM Comment Period End        03/20/95
NPRM                            07/23/96                    61 FR 38119
NPRM Comment Period End         10/17/97                    62 FR 43958
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Sandra L. Bell
Phone: 202 927-2244

RIN: 1515-AB61
_______________________________________________________________________




2693. COUNTRY-OF-ORIGIN MARKING FOR WATCHES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 134

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           03/20/95                    60 FR 14705
ANPRM Comment Period End        05/04/95


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Burton Schlissel
Phone: 202 927-2310

RIN: 1515-AB68
_______________________________________________________________________




2694. TREATMENT OF MERCHANDISE IMPORTED BY FOREIGN GOVERNMENTS OR 
DESIGNATED INTERNATIONAL ORGANIZATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 148

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dennis Sequeira
Phone: 202 927-1480

RIN: 1515-AB92
_______________________________________________________________________




2695. DETERMINATION OF THE COUNTRY OF ORIGIN OF TEXTILES AND TEXTILE 
PRODUCTS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 12

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dick Crichton
Phone: 202 927-0162

RIN: 1515-AC00
_______________________________________________________________________




2696. DESIGNATED LAND BORDER CROSSING LOCATIONS FOR CERTAIN CONVEYANCES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 123

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/17/97                    62 FR 61251
NPRM Comment Period End         01/16/98
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Dennis Dore
Phone: 202 927-3274

RIN: 1515-AC12
_______________________________________________________________________




2697. PUBLIC DISCLOSURE OF AIRCRAFT MANIFESTS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 103

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lee H. Kramer
Phone: 202 927-1251

RIN: 1515-AC13

[[Page 23331]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2698. RULES OF ORIGIN

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 102; 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; 19 CFR 
134.35; 19 CFR 177.22(a)

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       01/03/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Sandra L. Bell
Phone: 202 927-2244

RIN: 1515-AB19
_______________________________________________________________________




2699. IMPORTATION OF CHEMICALS SUBJECT TO THE TOXIC SUBSTANCES CONTROL 
ACT

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 12

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    02/29/00                    65 FR 10701
Final Action Effective          03/30/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: J. Bradley Lund
Phone: 202 927-0192

RIN: 1515-AC04
_______________________________________________________________________




2700. PENALTIES FOR FALSE DRAWBACK CLAIMS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 162; 19 CFR 171

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    01/25/00                     65 FR 3803
Final Action Effective          02/24/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Charles D. Ressin
Phone: 202 927-2344

RIN: 1515-AC21
_______________________________________________________________________




2701. BOARDING OF VESSELS IN THE UNITED STATES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 4

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    01/19/00                     65 FR 2868
Final Action Effective          02/18/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Larry L. Burton
Phone: 202 927-1287
Robert E. Watt
Phone: 202 927-3654

RIN: 1515-AC29
_______________________________________________________________________




2702. CUSTOMS BROKERS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 111

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    03/15/00                    65 FR 13880
Final Action Effective          04/14/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gina Grier
Phone: 202 927-2320

RIN: 1515-AC34
_______________________________________________________________________




2703.  IMPORT RESTRICTIONS IMPOSED ON CERTAIN KHMER STONE 
ARCHEOLOGICAL MATERIAL OF THE KINGDOM OF CAMBODIA

Priority: Substantive, Nonsignificant

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: Amendment imposes emergency import restrictions on certain 
Khmer stone archeological material of the Kingdom of Cambodia of the 
6th century through the 16th century A.D. These restrictions are being 
imposed, pursuant to a determination of the United States Information 
Agency, issued under the terms of the Convention on Cultural Property 
Implementation Act, in accordance with the United Nations Educational, 
Scientific and Cultural Organization (UNESCO) Convention on the Means 
of Prohibiting and Preventing the Illicit Import, Export and Transfer 
of Ownership of Cultural Property.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/02/99                    64 FR 67479
Final Action Effective          12/02/99

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Michael L. Smith, Attorney, Intellectual Property 
Rights Branch, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW, Washington, DC 20229
Phone: 202 927-2326

RIN: 1515-AC52
BILLING CODE 4820-02-F
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




2704. INCOME TAX--RECIPROCAL EXEMPTIONS FOR CERTAIN TRANSPORTATION 
INCOME

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 883; 26 USC 872

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide rules with respect to whether a 
foreign country will be considered to grant a reciprocal Aircraft/
Shipping exemption to U.S. corporations for purposes of section 883 of 
the Code, or to U.S. citizens for purposes of section 872 of the Code. 
This regulation will also provide rules with respect to whether a 
foreign corporation satisfies the ownership requirements of section 
883(c) and the activity requirements of section 883(a).

[[Page 23332]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208280-86 (INTL-948-86)
Drafting attorney: Patricia A. Bray (202) 622-3880
Reviewing attorney: Elizabeth Karzon (202) 622-3880
Treasury attorney: Michael Mundaca (202) 622-1752
CC:INTL

Agency Contact: Patricia A. Bray, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3880

RIN: 1545-AJ57
_______________________________________________________________________




2705. SOURCE RULES FOR PERSONAL PROPERTY SALES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 865

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide rules under section 865 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                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208278-86 (INTL-946-86)
Drafting attorney: David A. Juster (202) 622-3850
Reviewing attorney: Barbara A. Felker (202) 622-3850
CC:INTL

Agency Contact: David A. Juster, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AJ83
_______________________________________________________________________




2706. FOREIGN INSURANCE COMPANIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 842; 26 USC 864

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulation will prescribe rules for determining investment 
income effectively connected with the conduct of an insurance business 
in the United States by a foreign company.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209066-88 (INTL-024-88)
Drafting attorney: Steven D. Jensen (202) 622-3870
Reviewing attorney: Paul Epstein (202) 622-3870
Completed in error in the October 1995 Unified Agenda.
CC:INTL

Agency Contact: Steven D. Jensen, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AL82
_______________________________________________________________________




2707. CLARIFICATION OF TREATMENT OF SEPARATE LIMITATION LOSSES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Section 1203 of the Tax Reform Act of 1986 amends section 
904(f) by adding paragraph(5) at the end thereof, which requires that 
foreign source losses with respect to any income category first offset 
a taxpayer's other foreign source income before such losses offset the 
taxpayer's U.S. source income. The regulation will provide rules for 
the allocation of foreign source losses.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209044-89 (INTL-338-89)
Drafting attorney: Trina Dang (202) 622-3850
Reviewing attorney: Barbara Felker (202) 622-3850
CC:INTL

Agency Contact: Trina Dang, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AM11
_______________________________________________________________________




2708. SECTION 361 OUTBOUND TRANSFERS OF PROPERTY TO FOREIGN CORPORATIONS

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(a) will be 
amended to reflect the changes made to that section by the Technical 
and Miscellaneous Corrections Act of 1988. Section 367(a)(5) now 
provides that a transfer of assets to a foreign corporation in an 
exchange described in section 361 is subject to section 367(a)(1), 
unless certain ownership requirements and other conditions are met. The 
regulations will provide guidance regarding the application of this 
section. The change in the statute was necessitated by the repeal of 
``General Utilities.''

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

[[Page 23333]]

Government Levels Affected: None

Additional Information: REG-209006-89 (INTL-089-89)
Drafting attorney: Philip Tretiak (202) 622-3860
Reviewing attorney: Charlie Besecky (202) 622-3860
CC:INTL

Agency Contact: Philip L. Tretiak, Senior Technical Reviewer, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AM97
_______________________________________________________________________




2709. FOREIGN INSURANCE COMPANY--DOMESTIC ELECTION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 953

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                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208980-89 (INTL-765-89)
Drafting attorney: Valerie A. Mark (202) 622-3840
Reviewing attorney: Philip Garlett (202) 622-3840
CC:INTL

Agency Contact: Valerie A. Mark, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AO25
_______________________________________________________________________




2710. FOREIGN GRANTOR TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 679

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance to taxpayers concerning 
the income tax treatment of transfers by U.S. persons to foreign trusts 
having U.S. beneficiaries. The amendments will conform to changes made 
by section 1013 of the Tax Reform Act of 1976 and changes made to 
section 679 by the Small Business Job Protection Act of 1996.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209038-89 (INTL-243-89)
Drafting attorney: Willard Yates (202) 622-3880
Reviewing attorney: Elizabeth Karzon (202) 622-3880
Treasury attorney: Michael Kirsch (202) 622-0871
Completed in error in the October 1995 Unified Agenda.
CC:INTL

Agency Contact: Willard W. Yates, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3880
Fax: 202 622-4476

RIN: 1545-AO75
_______________________________________________________________________




2711. INFORMATION REPORTING AND RECORD MAINTENANCE UNDER SECTION 6038C

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7801; 26 USC 6038C

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation project will implement the directives of 
section 6038C.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208265-90 (INTL-102-90)
Drafting attorney: Ginny Y. Chung (202) 622-3870
Reviewing attorney: Paul Epstein (202) 622-3870
Treasury attorney: Patricia Brown (202) 622-1781
CC:INTL

Agency Contact: Ginny Y. Chung, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AP10
_______________________________________________________________________




2712. INTEGRATED FINANCIAL TRANSACTION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 864

CFR Citation: 26 CFR 1

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

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209604-93 (INTL-001-93)
Drafting attorney: Ahmad Pirasteh (202) 622-3870
Reviewing attorney: Jeff Dorfman (202) 622-3870
Treasury attorney: Patrick Brown (202) 622-1781
CC:INTL

Agency Contact: Ahmad A. Pirasteh, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AR20

[[Page 23334]]

_______________________________________________________________________




2713. SECTION 6048 REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6048

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Revision of regulations under section 6048, return as to 
certain foreign trusts, to implement changes made by the SBJP Act of 
1996 and Notice 97-34.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209594-92 (INTL-067-92)
Drafting attorney: Karen R. Quarrie (202) 622-3880
Reviewing attorney: Elizabeth Karzon (202) 622-3880
Treasury attorney: Michael Kirsch (202) 622-0871
Completed in error in the October 1995 Unified Agenda.
CC:INTL

Agency Contact: Karen R. Quarrie, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3880

RIN: 1545-AR25
_______________________________________________________________________




2714. APPLICATIONS OF SECTION 1503(D) TO PARTNERSHIPS AND OTHER ITEMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Determination of when and how section 1503(d), treatment of 
dual consolidated losses, will apply to partnerships.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-209564-92 (INTL-037-92)
Drafting attorney: Kenneth Allison (202) 622-3860
Reviewing attorney: Charles Besecky (202) 622-3860
Treasury attorney: William Morris (202) 622-1779
CC:INTL

Agency Contact: Kenneth D. Allison, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AR26
_______________________________________________________________________




2715. INTERCOMPANY TRANSFER PRICING FOR SERVICES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will address the transfer pricing of services 
between related parties.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209579-92 (INTL-051-92)
Drafting attorney: Lisa G. Sams (202) 874-1490
Reviewing attorney: Steven Musher (202) 874-1490
CC:INTL

Agency Contact: Lisa G. Sams, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza SW, Washington, 
DC 20024
Phone: 202 874-1490

RIN: 1545-AR32
_______________________________________________________________________




2716. COORDINATION OF PRE-1987 DEEMED PAID TAXES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will state coordination rules for computing 
deemed paid taxes on distributions and deemed distributions of foreign 
corporations' earnings and profits from the same pre-1987 year.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209786-95 (INTL-037-95)
Drafting attorney: Anne Devereaux (202) 622-3850
Reviewing attorney: Barbara Felker (202) 622-3850
CC:INTL

Agency Contact: Anne Devereaux, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AT85
_______________________________________________________________________




2717. REPORTING REQUIREMENTS FOR WIDELY HELD FIXED INVESTMENT TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 671; 26 USC 7805; 26 USC 6034A; 26 USC 
6049(d)(1)

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: Regulations on the reporting requirements for widely held 
fixed investment trusts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/13/98                    63 FR 43354
Hearing                         11/05/98
NPRM Comment Period End         11/12/98
Second NPRM                     06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209813-96 (PS-6-96)
Drafting attorney: Faith Colson (202) 622-3060
Reviewing attorney: H. Grace Kim (202) 622-3060

[[Page 23335]]

Treasury attorney: Mark Hoffenberg (202) 622-0869
CC:DOM:P&SI

Agency Contact: Faith Colson, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3060

RIN: 1545-AU15
_______________________________________________________________________




2718. CIVIL CAUSE OF ACTION FOR CERTAIN UNLAWFUL COLLECTION ACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The regulations raise the cap on damages under section 7433 
from $100,000 to $1,000,000 and provide that if a taxpayer fails to 
exhaust the administrative remedies available before the Internal 
Revenue Service, the court may reduce the award of damages. 
Additionally, the awarding of damages for violations of the automatic 
stay are now covered by this regulation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/31/97                    62 FR 68242
Second NPRM                     12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-251502-96
Drafting attorney: Kevin B. Connelly (202) 622-3630
Reviewing attorney: Robert A. Miller (202) 622-3640
CC:EL:GL

Agency Contact: Kevin B. Connelly, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3630

RIN: 1545-AU68
_______________________________________________________________________




2719. ELECTING SMALL BUSINESS TRUST

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1361; 26 USC 641

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides necessary guidance for defining and 
treating electing small business trusts, which are now eligible 
shareholders of S Corporation stock, as provided by the Small Business 
Job Protection Act of 1996.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-251701-96
Drafting attorney: James A. Quinn (202) 622-3060
Reviewing attorney: J. Thomas Hines (202) 622-3060
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:DOM:P&SI

Agency Contact: James A. Quinn, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3060

RIN: 1545-AU76
_______________________________________________________________________




2720. SOURCE RULES FOR PAYMENTS MADE PURSUANT TO CERTAIN SWAP 
ARRANGEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 863; 26 USC 7701

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations will provide rules for determining the 
source and character of payments made in certain swap transactions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-253560-96
Drafting attorney: Milton Cahn (202) 622-3870
Reviewing attorney: Paul Epstein (202) 622-3870
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

Agency Contact: Milton M. Cahn, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AU89
_______________________________________________________________________




2721. APPLICATION OF ATTRIBUTION RULES TO FOREIGN TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations will provide attribution rules for 
foreign trusts with respect to foreign personal holding companies, 
foreign passive investment companies and controlled foreign 
corporations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-252774-96
Drafting attorney: Kelly Kogan (202) 622-3840
Reviewing attorney: Phyllis Marcus (202) 622-3840
Treasury attorney: Michael Kirsch (202) 622-0871
CC:INTL

Agency Contact: Kelley Kogan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AU91
_______________________________________________________________________




2722. SPECIAL RULES APPLICABLE TO SALES OF DEBT INSTRUMENT BETWEEN 
RECORD DATES AND THE END OF ACCRUAL PERIODS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

[[Page 23336]]

Abstract: Provides rules to calculate allocation of interest and amount 
of sale price when debt instrument is sold between a record date and a 
payment date (so that seller receives first distribution of interest 
and principal following sale).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-242919-96
Drafting attorney: Kenneth Christman (202) 622-3950
Reviewing attorney: Marshall Feiring (202) 622-3960
CC:DOM:FI&P

Agency Contact: Kenneth P. Christman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3950

RIN: 1545-AU95
_______________________________________________________________________




2723. AGREEMENTS FOR PAYMENT OF TAX LIABILITIES IN INSTALLMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The regulations reflect the amendment of IRC section 6159 
section 202 of the Taxpayer Bill of Rights 2, which provides that upon 
request by a taxpayer the Secretary shall provide an independent review 
of the termination of an installment agreement. The regulations reflect 
the amendment to section 6159 which guarantees the availability of 
installment agreements to taxpayers.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/31/97                    62 FR 68241
Second NPRM                     12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-100841-97
Drafting attorney: Kevin Connelly (202) 622-3630
Reviewing attorney: Robert Miller (202) 622-3640
CC:EL:GL

Agency Contact: Kevin B. Connelly, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3630

RIN: 1545-AU97
_______________________________________________________________________




2724. RETURN OF LEVIED PROPERTY IN CERTAIN CASES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Section 501(b) of the Taxpayer Bill of Rights 2 amended 
section 6343 of the Internal Revenue Code to authorize the Secretary to 
return levied property in four enumerated circumstances. The 
regulations set forth the circumstances in which the Secretary may 
return property and procedures to implement section 501(b).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-101520-97
Drafting attorney: Kevin Connelly (202) 622-3640
Reviewing attorney: Robert Miller (202) 622-3640
Treasury attorney: Rita Cavanagh (202) 622-1981
CC:EL:GL

Agency Contact: Kevin B. Connelly, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3630

RIN: 1545-AV01
_______________________________________________________________________




2725. REMOVAL OF TEMPORARY REGULATIONS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will eliminate existing text in the CFR.

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 5c

Legal Deadline: None

Abstract: This document removes obsolete temporary regulations as part 
of the President's Regulatory Reinvention Initiative.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulations           10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-112648-97
Drafting attorney: Beverly A. Baughman (202) 622-4940
Reviewing attorney: Linda Kroening (202) 622-4800
CC:DOM:IT&A

Agency Contact: Beverly A. Baughman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4940

RIN: 1545-AV36
_______________________________________________________________________




2726. REMOVAL OF TEMPORARY REGULATIONS THAT PROVIDE RULES FOR 
SUBSTANTIATING TRAVEL EXPENSE DEDUCTIONS FOR MEMBERS OF CONGRESS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 5

Legal Deadline: None

Abstract: This project will remove temporary income tax regulations 
section 5e.274-8 (published as TD 7802 in 47 FR 2986). The regulations 
provide rules for the substantiation of Congress members' travel 
expenses, and they are currently obsolete.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105513-97
Drafting attorney: Edwin B. Cleverdon (202) 622-4920
Reviewing attorney: Robert A. Berkovsky (202) 622-4920

[[Page 23337]]

Reviewing attorney: Linda Kroening (202) 622-4800
CC:DOM:IT&A

Agency Contact: Edwin B. Cleverdon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4920

RIN: 1545-AV55
_______________________________________________________________________




2727. FOREIGN TAX CREDIT ANTI-ABUSE REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 901; 26 USC 901(k)(4); 26 USC 904; 
26 USC 864(e)(7); 26 USC 7701(l); 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will disallow foreign tax credits with respect 
to foreign taxes generated in certain arrangements from which the 
reasonably expected economic profits are insubstantial compared to 
expected foreign tax credits.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103445-98
Drafting attorney: Rebecca I. Rosenberg (202) 622-3870
Reviewing attorney: Barbara Felker (202) 622-3850
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

Agency Contact: Rebecca I. Rosenberg, Assistant to the Branch Chief, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AV97
_______________________________________________________________________




2728. MERCHANDISE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation defines ``merchandise'' and explains the need 
to use inventory accounts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-122333-97
Drafting attorney: Jan Skelton (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:IT&A

Agency Contact: Jan Skelton, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4970

RIN: 1545-AW00
_______________________________________________________________________




2729. HIPAA NONDISCRIMINATION RULES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 9833

CFR Citation: 26 CFR 54

Legal Deadline: None

Abstract: These regulations provide guidance to group health plans and 
to the employers maintaining them, regarding the prohibition on 
discriminating against individuals on the basis of a health status-
related factor in eligibility or premiums.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-109707-97
Drafting attorney: Russell Weinheimer (202) 622-4695
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: William Bortz (202) 622-1352
CC:EBEO
These regulations are related to temporary regulations previously 
published in the Federal Register on April 8, 1997 (REG-253578-96, RIN 
1545-AV05).

Agency Contact: Russell E. Weinheimer, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060

RIN: 1545-AW02
_______________________________________________________________________




2730. TRANSPORTATION OF PERSONS AND PROPERTY BY AIR--SECTIONS 4261 AND 
4271

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 4261; 26 USC 4271; 26 USC 7805

CFR Citation: 26 CFR 49

Legal Deadline: None

Abstract: Guidance concerning the excise taxes imposed on the amounts 
paid for the transportation of persons and property by air.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106167-98
Drafting attorney: Patrick Kirwan (202) 622-3130
Reviewing attorney: Richard Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Patrick S. Kirwan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3130

RIN: 1545-AW19
_______________________________________________________________________




2731. ESTATE TAX DEDUCTION FOR QUALIFIED FAMILY-OWNED BUSINESS INTERESTS 
(QFOBI)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 2057; 26 USC 7805

CFR Citation: 26 CFR 20

Legal Deadline: None

Abstract: The proposed regulations will address the estate tax 
deduction

[[Page 23338]]

for certain qualified family-owned business interests.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106430-98
Drafting attorney: Leslie H. Finlow (202) 622-3120
Reviewing attorney: Christine Ellison (202) 622-3120
Treasury attorney: Beth Kaufman (202) 622-1766
CC:DOM:P&SI

Agency Contact: Leslie Finlow, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3120

RIN: 1545-AW21
_______________________________________________________________________




2732. ELECTION TO TREAT TRUST AS ESTATE--SECTION 645

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 645; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance regarding the operation 
of section 645.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106542-98
Drafting attorney: Faith Colson (202) 622-3060
Reviewing attorney: J. Thomas Hines (202) 622-3060
Treasury attorney: Beth Kaufman (202) 622-1766
CC:DOM:P&SI

Agency Contact: Faith Colson, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3060

RIN: 1545-AW24
_______________________________________________________________________




2733. CORPORATE TAX SHELTER REGISTRATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6111

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation project provides guidance on the registration 
requirements for confidential corporate tax shelters under section 
6111(d) of the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/01/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-110311-98
Drafting attorneys: Mary Beth Collins (Carchia) (202) 622-3080
 Richard Castanon (202) 622-3080
Reviewing attorney: Donna Young (202) 622-3070
CC:DOM:P&SI

Agency Contact: Mary Beth Collins (Carchia), Attorney-Advisor, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AW26
_______________________________________________________________________




2734. SECTION 411(D)(6); PROTECTED BENEFITS EXCEPTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 411(d)-4

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations will permit certain amendments to 
qualified retirement plans to be made even though otherwise protected 
forms of benefit would be affected by the amendments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-109101-98
Drafting attorney: Linda Marshall (202) 622-6030
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: William Bortz (202) 622-1352
CC:EBEO

Agency Contact: Linda S. F. Marshall, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6030

RIN: 1545-AW27
_______________________________________________________________________




2735. SECTION 988--CONTINGENT DEBT INSTRUMENT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 988

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will prescribe the tax treatment of section 
988 debt instruments that provide for contingent payments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106486-98
Drafting attorney: Rebecca Rosenberg (202) 622-3870
Reviewing attorney: Jeffrey Dorfman (202) 622-3870
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

Agency Contact: Rebecca I. Rosenberg, Assistant to the Branch Chief, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AW33

[[Page 23339]]

_______________________________________________________________________




2736. CAPITAL GAIN GUIDANCE RELATING TO CRTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1(h)(11); 26 USC 664

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation provides capital gain guidance relating to 
charitable remainder trusts in light of the changes made to section 
1(h) of the Internal Revenue Code by the Taxpayer Relief Act of 1997.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-110896-98
Drafting attorney: Mary Beth Collins (Carchia) (202) 622-3070
Reviewing attorney: William P. O'Shea (202) 622-3070
Treasury attorney: Beth Kaufman (202) 622-1766
CC:DOM:P&SI

Agency Contact: Mary Beth Collins (Carchia), Attorney-Advisor, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AW35
_______________________________________________________________________




2737. DISREGARDED ENTITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation provides guidance under section 368, regarding 
corporate transactions involving disregarded entities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106186-98
Drafting attorney: Reggie Mombrun (202) 622-7750
Reviewing attorney: Mark Jennings (202) 622-7750
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: Reggie Mombrun, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7750

RIN: 1545-AW36
_______________________________________________________________________




2738. MIDDLEMAN REGULATION UNDER SECTIONS 6041 AND 6045

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6045

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Provides guidance on the legal obligation to file information 
returns by (1) an intermediary or middleman who makes payments on 
behalf of another person, and (2) an investment advisor.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-246249-96
Drafting attorney: Donna Crisalli (202) 622-4920
Reviewing attorney: Robert Berkovsky (202) 622-4920
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:IT&A

Agency Contact: Donna M. Crisalli, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4920

RIN: 1545-AW48
_______________________________________________________________________




2739. SOURCE OF INCOME FOR SPACE AND CERTAIN OCEAN ACTIVITIES AND FOR 
INTERNATIONAL COMMUNICATIONS INCOME

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 863

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations to provide source rules for income from space and 
certain ocean activities under section 863(d). Also, regulations to 
provide source rules for international communications income under 
section 863(e).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106030-98
Drafting attorney: Anne Shelburne (202) 874-1490
Reviewing attorney: Steven Musher (202) 874-1490
Treasury attorney: Michael Mundaca (202) 622-1752
CC:INTL

Agency Contact: Anne Shelburne, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza SW, Washington, 
DC 20024
Phone: 202 874-1490

RIN: 1545-AW50
_______________________________________________________________________




2740. MERCHANDISE REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 471; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation clarifies when the requirement to use 
inventory accounting applies. It also clarifies the definition of 
merchandise and provides guidance with respect to when merchandise will 
be regarded as an income producing factor in a taxpayer's business.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

[[Page 23340]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122333-97
Drafting attorney: Jan Skelton (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:IT&A

Agency Contact: Jan Skelton, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4970

RIN: 1545-AW61
_______________________________________________________________________




2741. RELIEF FROM JOINT AND SEVERAL LIABILITY ON JOINT RETURN

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 6015

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This document will provide procedures as are necessary to 
carry out the provisions of section 6015, including: (1) methods for 
allocation of items other than the methods under section 6015(d)(3) and 
(2) providing the opportunity for an individual to have notice of, and 
an opportunity to participate in, any administrative proceeding with 
respect to an election made under section 6015(b) or section 6015(c), 
by the other individual filing the joint return.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is a 
statutory requirement. There is a paperwork burden associated with this 
action.
Additional Information: REG-106446-98
Drafting attorney: Bridget Finkenaur (202) 622-7606
Reviewing attorney: Judith Wall (202) 622-4940
Treasury attorney: Lily Kahng (202) 622-0160
CC:DOM:IT&A

Agency Contact: Bridget E. Finkenaur, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4940

RIN: 1545-AW64
_______________________________________________________________________




2742. INFORMATION REPORTING FOR PAYMENTS OF TUITION AND INTEREST ON 
EDUCATION LOANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 60505

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: The regulations relate to the requirements for filing 
information returns for payments of qualified tuition and related 
expenses. The regulations relate to the requirements for filing 
information returns for interest received on qualified education loans. 
The regulations prescribe magnetic media filing requirements for these 
information returns.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105316-98
Drafting attorney: Donna Welch (202) 622-4910
Reviewing attorney: John McGreevy (202) 622-4910
Treasury attorney: Susan Brown (202) 622-0999
CC:DOM:IT&A

Agency Contact: Donna J. Welch, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4910
Fax: 202 622-6316

RIN: 1545-AW67
_______________________________________________________________________




2743. CONSTRUCTIVE SALES OF APPRECIATED FINANCIAL POSITIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1259

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Notice of proposed rulemaking regarding principles for 
determining if a taxpayer has constructively sold an appreciated 
financial position.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses, Organizations

Government Levels Affected: None

Additional Information: REG-102191-98
Drafting attorney: Victoria Scotto Balacek (202) 622-3930
Reviewing attorney: Jonathan Zelnik (202) 622-3920
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:FI&P

Agency Contact: Victoria Scotto Balacek, Attorney-Advisor, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3930
Fax: 202 622-5694

RIN: 1545-AW97
_______________________________________________________________________




2744. QUALIFIED OFFERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Proposed rules regarding the qualified offer rule allowing 
the recovery of reasonable administrative or litigation costs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-121928-98
Drafting attorney: Thomas Moffitt (202) 622-7900
Reviewing attorney: Henry Schneiderman (202) 622-7820

[[Page 23341]]

Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:DOM:FS

Agency Contact: Thomas D. Moffitt, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7900

RIN: 1545-AW99
_______________________________________________________________________




2745. QUALIFIED OFFERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Temporary regulations regarding the qualified offer rule 
allowing the recovery of reasonable administrative or litigation costs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-121928-98
Drafting attorney: Thomas Moffitt (202) 622-7900
Reviewing attorney: Henry Schneiderman (202) 622-7820
Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:DOM:FS

Agency Contact: Thomas D. Moffitt, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7900

RIN: 1545-AX00
_______________________________________________________________________




2746. RULES FOR SOURCING CERTAIN TRANSPORTATION INCOME, SPACE OR OCEAN 
ACTIVITY INCOME AND RELATED FOREIGN BASE COMPANY SHIPPING INCOME

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 863(c)

Legal Deadline: None

Abstract: To provide guidance to shipping and aircraft companies for 
application of the source rules for certain income under sections 
863(c) and 863(d), and for related space or ocean activity income that 
is also foreign-based company shipping income under section 954(f).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-115557-98
Drafting attorney: Patricia Bray (202) 622-6880
Reviewing attorney: Elizabeth Karzon (202) 622-3880
Treasury attorney: Michael Mundaca (202) 622-1752
CC:INTL

Agency Contact: Patricia A. Bray, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3880

RIN: 1545-AX02
_______________________________________________________________________




2747. NOTICE OF CONTACT OF THIRD PARTIES - SEC 7602(C)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation implements and interprets section 7602(c), 
concerning third-party contacts, so they can understand how the law 
will affect them.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-104906-99
Drafting attorney: Bryan Camp (202) 622-3630
Reviewing attorney: Larry Schattner (202) 622-3630
CC:EL:GL

Agency Contact: Bryan Camp, Senior Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3630

RIN: 1545-AX04
_______________________________________________________________________




2748. HIGHWAY VEHICLE - DEFINITION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Amendments to regulations relating to definition of highway 
vehicle.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103829-99
Drafting attorney: Bernard Weberman (202) 622-3130
Reviewing attorney: Richard Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Bernard H. Weberman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3130

RIN: 1545-AX10
_______________________________________________________________________




2749. DEPOSIT OF EXCISE TAXES - REVISION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6302

CFR Citation: 26 CFR 40

Legal Deadline: None

Abstract: Amendments to regulations relating to deposits of excise tax.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           01/07/00                     65 FR 1076
Comment Period Ends             04/00/00
NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

[[Page 23342]]

Small Entities Affected: Organizations, Businesses

Government Levels Affected: None

Additional Information: REG-103827-99
Drafting attorney: Susan Athy (202) 622-3130
Reviewing attorney: Ruth Hoffman (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Susan Athy, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3130

RIN: 1545-AX11
_______________________________________________________________________




2750. GUIDANCE ON COST RECOVERY IN THE ENTERTAINMENT INDUSTRY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Application of the income forecast method under section 
167(g).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103823-99
Drafting attorney: Bernard P. Harvey (202) 622-3110
Reviewing attorney: Charles B. Ramsey (202) 622-3110
Treasury attorney: Christopher Ohmes (202) 622-0865
CC:DOM:PS&I

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

RIN: 1545-AX12
_______________________________________________________________________




2751. STRADDLES - ONE SIDE LARGER THAN THE OTHER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1092

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: A ``straddle'' occurs for purposes of section 1092 of the 
Internal Revenue Code when a taxpayer enters into two separate 
positions in financial instruments that ``offset'' each other. 
Positions offset each other when, taken together, they substantially 
diminish the taxpayer's risk of loss. A taxpayer in a ``straddle'' is 
subject to various limitations on recognition of loss on the positions 
until both positions are liquidated. These regulations will deal with 
the situation in which one position is larger than the other (that is, 
the diminution of the risk of loss for one position is only partial).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-107335-99
Drafting attorney: Kenneth Christman (202) 622-3960
Reviewing attorney: Robert Williams (202) 622-3960
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:FI&P

Agency Contact: Kenneth P. Christman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3950

RIN: 1545-AX16
_______________________________________________________________________




2752. COORDINATION OF SECTIONS 755 AND 1060

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 755; 26 USC 1060

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations will provide rules for determining the fair 
market value of partnership assets for the purpose of allocating basis 
adjustments under sections 732(d), 734(b) and 743(b) among partnership 
assets under section 755, using the residual method of section 1060.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107872-99
Drafting attorney: Matthew Lay (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050
Treasury attorney: James Sowell (202) 622-5721
CC:DOM:PS&I

Agency Contact: Matthew Lay, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3050

RIN: 1545-AX18
_______________________________________________________________________




2753. DOLLAR-VALUE LIFO REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 472

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance on the dollar-value LIFO 
method, including the inventory price index computation (IPIC) method.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-107644-98
Drafting attorney: Jeffery Mitchell (202) 622-7804
Reviewing attorney: Eric Pleet (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:IT&A

Agency Contact: Jeffery G. Mitchell, Attorney-Advisor, Department of 
the

[[Page 23343]]

Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4970

RIN: 1545-AX20
_______________________________________________________________________




2754. DEFINITION OF ACCOUNTING METHOD

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 446

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will clarify the definition of a change in 
method of accounting.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-105228-99
Drafting attorney: Jeffery Mitchell (202) 622-7804
Reviewing attorney: Thomas Luxner (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:IT&A

Agency Contact: Jeffery G. Mitchell, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4970

RIN: 1545-AX21
_______________________________________________________________________




2755. SECTIONS 401(K) AND 410(M) CASH OR DEFERRED ARRANGEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 401

Legal Deadline: None

Abstract: Update and revise regulations on qualified cash or deferred 
arrangements, ``matching'' contributions, and employee contributions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-108639-99
Drafting attorney: Susan Lennon (202) 622-6030
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: Donald Wellington (202) 622-1332
CC:EBEO

Agency Contact: Susan Lennon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6030
Fax: 202 622-4631

Marjorie Hoffman, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-6030

RIN: 1545-AX26
_______________________________________________________________________




2756. EXCLUSION OF GAIN ON THE SALE OR EXCHANGE OF PRINCIPAL RESIDENCE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 121

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This notice of proposed rulemaking reflects changes made by 
the Taxpayer Relief Act of 1997 to sections 121 and 1034 of the Code, 
relating to the exclusion of gain from the sale or exchange of a 
taxpayer's principal residence.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105235-99
Drafting attorney: Sara P. Shepherd (202) 622-4910
Reviewing attorney: David B. Auclair (202) 622-4910
Treasury attorney: Lily Kahng (202) 622-0160
CC:DOM:IT&A

Agency Contact: Sara P. Shepherd, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4910

RIN: 1545-AX28
_______________________________________________________________________




2757. SPECIAL RULES FOR RETROACTIVE PAYMENTS UNDER SECTION 417(A)(7)(A) 
FOR QUALIFIED RETIREMENT PLANS.

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 417; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulation to provide guidance regarding the special rule in 
IRC section 417(a)(7)(A), which permits qualified retirement plans to 
provide written explanation of QJSA after the annuity starting date.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-109481-99
Drafting attorney: Robert M. Walsh (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6030
CC:EBEO

Agency Contact: Robert Walsh, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6090

Marjorie Hoffman, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-6030

RIN: 1545-AX34
_______________________________________________________________________




2758. ADVANCE PAYMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 451

[[Page 23344]]

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Notice of proposed rulemaking to provide guidance on the 
treatment of advance payments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105911-99
Drafting attorney: Kimberly Lynn Koch (202) 622-4950
Reviewing attorney: George Wright (202) 622-4950
CC:DOM:IT&A

Agency Contact: Kimberly Lynn Koch, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave NW, 
Washington, DC 20224
Phone: 202 622-4950
Fax: 202 622-6316

RIN: 1545-AX36
_______________________________________________________________________




2759. DEFINITION OF ``ISSUED'' WITH REGARD TO CHIEF COUNSEL ADVICE.

Priority: Substantive, Nonsignificant

Legal Authority: PL 105-206, Section 3509

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Notice of Proposed Rulemaking to define the term ``Issued'' 
with regard to Chief Counsel Advice.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-113129-98
Drafting attorney: Deborah Lambert-Dean (202) 622-4570
Reviewing attorney: Donald Squires (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:EL:D

Agency Contact: Deborah Lambert-Dean, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4570
Fax: 202 622-9888

RIN: 1545-AX40
_______________________________________________________________________




2760. PARTNERSHIP MERGERS AND DIVISIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 708; 26 USC 707; 26 USC 743; 26 
USC 752

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Provide tax consequences regarding mergers and divisions of 
partnerships.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/11/00                     65 FR 1572
Public Hearing                  05/00/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-111119-99
Drafting attorney: Mary Beth Collins (Carchia) (202) 622-3080
Reviewing attorney: William P. O'Shea (202) 622-3070
Treasury attorney: James Sowell (202) 622-5721
CC:DOM:PS&I

Agency Contact: Daniel Carmody, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3080

RIN: 1545-AX42
_______________________________________________________________________




2761. 401(K) AND 401(M) REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 401

Legal Deadline: None

Abstract: Update and revise regulations for cash or deferred 
arrangements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-108639-99
Drafting attorney: Susan Lennon (202) 622-6030
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: Donald Wellington (202) 622-1332
CC:EBEO

Agency Contact: Susan Lennon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6030
Fax: 202 622-4631

RIN: 1545-AX43
_______________________________________________________________________




2762. NOTIONAL PRINCIPAL CONTRACTS AND OTHER FINANCIAL PRODUCTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 446; 26 USC 1234A; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide rules under section 446 for the 
timing of income and deductions of certain contingent payments under 
notional principal contracts. The regulations will also provide rules 
under section 1234A for determining the character of payments under 
notional principal contracts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-106395-99
Drafting attorney: Alexa Dubert (202) 622-3940
Reviewing attorney: Jonathan Zelnik (202) 622-3920
Treasury attorney: Michael Novey (202) 622-1339

[[Page 23345]]

CC:DOM:FI&P

Agency Contact: Alexa Temple Dubert, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3940

RIN: 1545-AX45
_______________________________________________________________________




2763. SECTION 7430 REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed amendments to the Treasury Regulations 
incorporate the 1997 and 1998 amendments to 26 USC 7430, relating to 
the awarding of attorney's fees in administrative and court 
proceedings. The amendments to 26 USC 7430 were enacted under the 
Taxpayer Relief Act of 1997 and the IRS Restructuring and Reform Act of 
1998.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-111833-99
Drafting attorney: Norma C. Rotunno (202) 622-7900
Reviewing attorneys: Thomas D. Moffitt (202) 622-7900
 Henry S. Schneiderman (202) 622-7820
CC:DOM:IT&A

Agency Contact: Norma C. Rotunno, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7900

RIN: 1545-AX46
_______________________________________________________________________




2764. SECTION 414(Q) REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 414(q)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Definition of highly compensated employee.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-111277-99
Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6030
Reviewing attorney: Marjorie Hoffman (202) 622-6030
CC:EBEO

Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6030

RIN: 1545-AX48
_______________________________________________________________________




2765. SECTION 1374 TIMBER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Guidance under section 1374 regarding sales of timber.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-107602-99
Drafting attorney: Cristian P. Silva (202) 622-7750
Reviewing attorney: Mark S. Jennings (202) 622-7750
CC:DOM:CORP

Agency Contact: Cristian Patricio Silva, Attorney-Advisor, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7750

RIN: 1545-AX50
_______________________________________________________________________




2766. ADDRESS CORRECTION

Priority: Info./Admin./Other

Legal Authority: 26 USC 25; 26 USC 103

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation provides that certain elections, revocations 
of those elections, and information reports, shall no longer be filed 
at the Philadelphia Service Center, but instead shall be filed at the 
place or places designated by the Commissioner.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-104459-99
Drafting attorney: David E. White (202) 622-3980
Reviewing attorney: Rebecca Harrigal (202) 622-3980
CC:DOM:FI&P

Agency Contact: David E. White, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AX51
_______________________________________________________________________




2767. COMPENSATION DEFERRED UNDER ELIGIBLE SECTION 457(B) PLANS. 
(SECTION 457 REGULATIONS)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 457

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations with respect to deferred compensation plans of 
state and local governments and tax-exempt entities under section 457 
of the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/01

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: State, Local

Federalism:  Undetermined

Additional Information: REG-105885-99
Drafting attorney: Cheryl E. Press (202) 622-6030

[[Page 23346]]

Reviewing attorney: Robert Patchell (202) 622-6030
CC:EBEO

Agency Contact: Cheryl Press, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6030
Fax: 202 622-4631

RIN: 1545-AX52
_______________________________________________________________________




2768. TAX ON INSURANCE COMPANIES OTHER THAN LIFE INSURANCE COMPANIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This project will supplement guidance on what is required in 
order for a taxpayer to qualify as an insurance company subject to tax 
under section 831 of the Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-111660-99
Drafting attorney: Frank Panza (202) 622-4448
Reviewing attorney: Mark Smith (202) 622-3790
Treasury attorney: Louise Epstein (202) 622-1778
CC:DOM:FI&P

Agency Contact: Frank Nicholas Panza, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4448
Fax: 202 622-4451

RIN: 1545-AX54
_______________________________________________________________________




2769. DEFINITION OF PRIVATE ACTIVITY BOND--REFUNDING REGULATIONS.

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations will provide guidance on the 
application of the private loan test and the private business use and 
private payments/security tests to refunding bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-113007-99
Drafting attorney: Bruce M. Serchuk (202) 622-3980
Reviewing attorney: Bruce M. Serchuk (202) 622-3980
CC:DOM:FI&P

Agency Contact: Bruce M. Serchuk, Senior Technical Reviewer, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AX55
_______________________________________________________________________




2770. ALTERNATIVE AGENTS OF THE GROUP UNDER SECTION 1.1502-77T

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Revises temporary regulation section 1.1502-77T, with respect 
to when a corporation, other than the common parent, can act as agent 
for the consolidated group, particularly when the former common parent 
has ceased to exist.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103805-99
Drafting attorney: George R. Johnson (202) 622-7812
Reviewing attorney: Steven J. Hankin (202) 622-7930
Treasury attorney: Mark Hoffenberg (202) 622-0869
CC:DOM:FS

Agency Contact: George Robert Johnson, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7812
Fax: 202 622-6889

Gerald Fleming, Attorney-Advisor, Department of the Treasury, Internal 
Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-7866
Fax: 202 622-6889

RIN: 1545-AX56
_______________________________________________________________________




2771. PERMITTED ELECTION CHANGES UNDER SECTION 125

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations will clarify the circumstances under 
which an employer may permit a cafeteria plan participant to revoke an 
existing election with respect to dependent care or adoption assistance 
coverage, and make a new election during a period of coverage.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-243025-96
Drafting attorney: Janet Laufer (202) 622-6060
Reviewing attorney: Harry Beker (202) 622-6080
Treasury attorney: William Bortz (202) 622-1352
CC:EBEO

Agency Contact: Janet A. Laufer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060
Fax: 202 622-4084

RIN: 1545-AX59

[[Page 23347]]

_______________________________________________________________________




2772.  STOCK TRANSFER RULES: CARRYOVER OF EARNINGS AND TAXES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 367

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This rule provides guidance with respect to how earnings and 
profits and foreign income tax accounts carry over under section 381 
and are allocated under section 312 in certain transactions described 
in section 367(b).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116050-99
Drafting attorney: Anne Devereaux (202) 622-3850
Reviewing attorney: Irwin Halpern (202) 622-3850
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

Sectors Affected: 001 None

Agency Contact: Anne Devereaux, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AX65
_______________________________________________________________________




2773.  EQUITY OPTIONS WITH FLEXIBLE TERMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1092(c)(4)(H)

CFR Citation: 26 CFR 1092

Legal Deadline: None

Abstract: The regulation will provide guidance about qualified covered 
call treatment for equity options with flexible terms.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-115560-99
Drafting attorney: Pamela Lew (202) 622-3950
Reviewing attorney: Robert B. Williams (202) 622-3960
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:FI&P

Agency Contact: Pamela Lew, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3950
Fax: 202 622-5699

RIN: 1545-AX66
_______________________________________________________________________




2774.  LOANS UNDER SECTION 72(P)

Priority: Substantive, Nonsignificant

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 loans 
rules are provided in section 72(p) of the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116495-99
Drafting attorney: Vernon Carter (202) 622-3824
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: William Bortz (202) 622-1352
CC:EBEO

Agency Contact: Vernon S. Carter, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6070

RIN: 1545-AX68
_______________________________________________________________________




2775.  TIERED STRUCTURES-ESBTS AND ESOPS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 444

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The temporary regulations will provide guidance whether an S 
Corporation with an electing small business trust (ESBT) or an employee 
stock ownership plan as a shareholder may make an election under 
section 444.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-116813-99
Drafting attorney: James A. Quinn (202) 622-3060
Reviewing attorney: J. Thomas Hines (202) 622 3060
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&SI

Agency Contact: James A. Quinn, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3060

RIN: 1545-AX71
_______________________________________________________________________




2776.  LIFETIME CHARITABLE LEAD TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 20; 26 CFR 25

Legal Deadline: None

Abstract: Revision of regulation regarding lifetime charitable lead 
trusts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-100291-00

[[Page 23348]]

Drafting attorney: Scott S. Landes (202) 622-3090
Reviewing attorney: George L. Masnik (202) 622-3090
Treasury attorney: Beth Kaufman (202) 622-1766
CC:P&SI

Agency Contact: Scott S. Landes, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3090

RIN: 1545-AX74
_______________________________________________________________________




2777.  CLARIFICATION OF ENTITY CLASSIFICATION RULES REGARDING 
ENTITIES CLASSIFIED AS CORPORATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7701

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Special rule to clarify the per se list of corporate 
entities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-101739-00
Drafting attorney: Camille Evans (202) 622-3860
Reviewing attorney: Philip Tretiak (202) 622-3860
CC:INTL

Agency Contact: Camille B. Evans, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AX75
_______________________________________________________________________




2778.  MODIFICATION TO SECTION 367(A) STOCK TRANSFER REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 367(a)

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: The section 367(a) stock transfer regulations will be 
modified to address abuses under check-the-box and through the use of 
convertible stock.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116053-99
Drafting attorney: Robert Lorence (202) 622-3860
Reviewing attorney: Charles Besecky (202) 622-3860
Treasury attorney: Je Young Baik (202 622-1773
CC:INTL

Agency Contact: Robert W. Lorence, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AX77
_______________________________________________________________________




2779.  DEFINITION OF PASSIVE FOREIGN INVESTMENT COMPANY UNDER 
SECTION 1297

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805(b); 26 USC 1297

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation defines a passive foreign investment company 
(PFIC) under section 1297(a) and the terms `passive income' and 
`passive asset' under section 1297(b). The regulation will also set 
forth the exceptions to the terms `passive income' and `passive asset,' 
and provide guidance on the applicability of the look-through rule 
under section 1297(c), in cases involving PFICs that own 25% or more of 
a lower-tier foreign subsidiary. In addition, the regulation will 
provide guidance under section 1297(e), regarding the overlap rule 
between a controlled foreign corporation and a PFIC.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-100427-00
Drafting Attorney: Margaret Fung (202) 622-3840
Reviewing Attorney: Philip Garlett (202) 622-3840
Treasury Attorney: Michael Caballero (202) 622-0851
CC:INTL

Agency Contact: Margaret Fung, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AX78
_______________________________________________________________________




2780.  REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY 
ABUSIVE TAX SHELTERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6112; 26 USC 7805

CFR Citation: 26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: These proposed regulations require the maintenance of lists 
of investors in potentially abusive tax shelters described in section 
6112.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11271
Public Hearing                  06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103736-00
Drafting attorney: Richard Castanon (202) 622-3070
Reviewing attorney: Donna Young (202) 622-3000
CC:DOM:P&SI

Agency Contact: Richard Castanon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AX79
_______________________________________________________________________




2781.  TAX SHELTER DISCLOSURE STATEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6011; 26 USC 7805

[[Page 23349]]

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: Temporary regulations requiring certain corporate taxpayers 
to file a statement under section 6011 and maintain certain documents 
under section 6001.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11269
Public Hearing                  06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103735-00
Drafting attorney: Richard Castanon (202) 622-3070
Reviewing attorney: Donna Young (202) 622-3000
CC:DOM:P&SI

Agency Contact: Richard Castanon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AX81
_______________________________________________________________________




2782.  CORPORATE TAX SHELTER REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6111; 26 USC 7805

CFR Citation: 26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: This proposed regulation provides guidance on the 
registration of corporate tax shelters under section 6111(d).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11272
Public Hearing                  06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-110311-98
Drafting attorney: Richard Castanon (202) 622-3070
Reviewing attorney: Donna Young (202) 622-3000
CC:DOM:P&SI

Agency Contact: Richard Castanon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AX83
_______________________________________________________________________




2783.  DISCLOSURE OF RETURN AND RETURN INFORMATION TO DESIGNEE 
OF TAXPAYER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103(c)

CFR Citation: 26 CFR 2

Legal Deadline: None

Abstract: The purpose of this regulation is to implement the amendment 
contained in the Taxpayer Bill of Rights II (TBOR II) to Internal 
Revenue Code section 6103(c). TBOR II eliminated the requirement for a 
request or consent for disclosure to be in writing. The proposed 
regulations would permit the Internal Revenue Service to disclose 
returns and return information to a taxpayer's designee, pursuant to a 
non-written request for or consent to disclosure. The regulations will 
also provide rules and guidance for consent in an electronic 
environment. Additionally, the regulations will provide guidance to 
Internal Revenue Service personnel to clarify a number of issues that 
have arisen since the regulation was initially promulgated in the late 
1970's.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103320-00
Drafting attorney: Jamie G. Bernstein (202) 622-7843
Reviewing attorney: David Fish (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:EL:D

Agency Contact: Jamie G. Bernstein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4570
Fax: 202 622-9888

RIN: 1545-AX85
_______________________________________________________________________




2784.  PROCUREMENT/PURCHASING CARD REPORTING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1

CFR Citation: 26 CFR 6041; 26 CFR 3406

Legal Deadline: None

Abstract: These regulations will provide guidance on the rules, 
information reporting, penalties, and back-up withholding rules for 
purchases with procurement/purchasing cards.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: Undetermined

Procurement: This is a procurement-related action for which there is a 
statutory requirement. There is a paperwork burden associated with this 
action.
Additional Information: REG-105298-97
Drafting attorney: Donna Welch (202) 622-4910
Reviewing attorney: Michael Montemurro (202) 622-4920
CC:IT&A

Agency Contact: Donna J. Welch, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4910
Fax: 202 622-6316

RIN: 1545-AX86
_______________________________________________________________________




2785.  APPLICATION OF SEPARATE FOREIGN TAX CREDIT LIMITATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 904; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation will clarify the application of 
separate foreign tax credit limitations under section 904(d) of the 
code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

[[Page 23350]]

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-104683-00
Drafting attorney: Rebecca Rosenberg (202) 622-3870
Reviewing attorney: Barbara Felker (202) 622-3850
Treasury attorney: Michael Caballero (202) 622-0851
CC:INTL

Agency Contact: Rebecca I. Rosenberg, Assistant to the Branch Chief, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AX88
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




2786. INCOME TAX--TAXPAYER'S OBLIGATION TO FILE A NOTICE OF 
REDETERMINATION OF FOREIGN TAX AND CIVIL PENALTIES FOR FAILURE TO FILE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 905; 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. In 
addition, the regulations set forth deadlines for compliance with the 
notification requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/23/88                    53 FR 23659
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209020-86 (INTL-061-86)
Drafting attorney: Irwin Halpern (202) 622-3850
Reviewing attorney: Barbara A. Felker (202) 622-3850
CC:INTL

Agency Contact: Irwin Halpern, Senior Technical Reviewer, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AC09
_______________________________________________________________________




2787. LOANS TREATED AS DISTRIBUTIONS

Priority: Substantive, Nonsignificant

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                            12/21/95                    60 FR 66233
NPRM Comment Period End         03/20/96
Notice of Public Hearing        05/08/96                    61 FR 20766
Second NPRM                     01/02/98                       63 FR 42
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209476-82 (EE-106-82)
Drafting attorney: Vernon S. Carter (202) 622-6070
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: William Bortz (202) 622-1352
CC:EBEO

Agency Contact: Vernon S. Carter, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6070

RIN: 1545-AE41
_______________________________________________________________________




2788. REGULATIONS UNDER SECTION 367 TO REFLECT SECTION 131 OF THE TAX 
REFORM ACT OF 1984 (PUB. 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                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209042-86 (INTL-610-86)
Drafting attorney: Philip Tretiak (202) 622-3860
Reviewing attorney: Charlie Besecky (202) 622-3860

[[Page 23351]]

CC:INTL

Agency Contact: Philip L. Tretiak, Senior Technical Reviewer, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AK74
_______________________________________________________________________




2789. 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: Regulations will 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. 
Regulations will also provide rules for determining the extent to which 
nonrecognition would apply 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                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209039-87 (INTL-491-87)
Drafting attorney: Robert Lorence (202) 622-3860
Reviewing attorney: Charles P. Besecky (202) 622-3860
CC:INTL

Agency Contact: Robert W. Lorence, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AK79
_______________________________________________________________________




2790. COMPUTATION OF A BRANCH'S TAXABLE INCOME; TAXATION OF EXCHANGE 
GAIN OR LOSS ON BRANCH REMITTANCES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Branch rules on how to translate branch income. Taxation of 
exchange gain or loss on branch remittances.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/25/91                    56 FR 48457
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208270-86 (INTL-965-86)
Drafting attorney: Rebecca Rosenberg (202) 622-3870
Reviewing attorney: Jeffrey Dorfman (202) 622-3870
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

Agency Contact: Rebecca I. Rosenberg, Assistant to the Branch Chief, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AM12
_______________________________________________________________________




2791. EARNINGS AND PROFITS OF CONTROLLED FOREIGN CORPORATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 964

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will develop procedures for foreign 
corporations or U.S. shareholders to make tax elections in computing 
functional currency earnings and profits under the 1986 Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/25/90                     55 FR 2535
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209022-89 (INTL-087-89)
Drafting attorney: Anne Devereaux (202) 622-3850
Reviewing attorney: Barbara A. Felker (202) 622-3850
CC:INTL

Agency Contact: Anne Devereaux, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AM90
_______________________________________________________________________




2792. LIMITATIONS ON PASSIVE ACTIVITY LOSSES AND CREDITS--SELF-CHARGED 
ITEMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 0469

CFR Citation: 26 CFR 1

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                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209365-89 (PS-39-89)
Drafting attorney: Christopher Kelley (202) 622-3070
Reviewing attorney: Donna M. Young (202) 622-3070
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Christopher Kelley, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070
Fax: 202 622-4804

RIN: 1545-AN64

[[Page 23352]]

_______________________________________________________________________




2793. 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                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209059-89 (INTL-870-89)
Drafting attorney: Milton M. Cahn (202) 622-3870
Reviewing attorney: Jeffrey L. Dorfman (202) 622-3870
CC:INTL

Agency Contact: Milton M. Cahn, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AO24
_______________________________________________________________________




2794. CREDIT FOR INCREASING RESEARCH ACTIVITIES.

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 41

CFR Citation: 26 CFR 602; 26 CFR 1

Legal Deadline: None

Abstract: The regulations provide rules describing when computer 
software, which is developed by (or for the benefit of) a taxpayer 
primarily for the taxpayer's internal use, can qualify for the credit 
for increasing research activities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/02/97                       62 FR 81
NPRM Comment Period End         04/22/97
Hearing                         05/13/97
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209494-90 (PS-16-90)
Drafting attorneys: Leslie Finlow (202) 622-3120
 Lisa Shuman (202) 622-3120
Reviewing attorney: Christine Ellison (202) 622-3120
Treasury attorney: Mark Hoffenberg (202) 622-0869
CC:DOM:P&SI

Agency Contact: Leslie Finlow, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3120

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

RIN: 1545-AO51
_______________________________________________________________________




2795. FRINGE BENEFIT SOURCING UNDER SECTION 861

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 861

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will address the circumstances in which an 
allocation of income of an individual for the performance of services 
both within and without the United States is appropriately made only on 
the time basis.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/00                     65 FR 3402
Public Hearing                  04/19/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208254-90 (INTL-107-90)
Drafting attorney: David Bergkuist (202) 622-3850
Reviewing attorney: Barbara Felker (202) 622-3850
Treasury attorney: Michael Kirsch (202) 622-0871
CC:INTL

Agency Contact: David F. Bergkuist, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AO72
_______________________________________________________________________




2796. TAXATION OF GLOBAL TRADING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 864; 26 USC 482; 26 USC 863

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations to improve the taxation of global trading.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           08/28/90                    55 FR 35152
NPRM                            03/06/98                    63 FR 11177
NPRM Comment Period End         06/04/98
Hearing                         07/14/98
Final Action                    09/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208299-90 (INTL-70-90)
Drafting attorney: Ginny Y. Chung (202) 622-3870
Reviewing attorney: Paul Epstein (202) 622-3870
Treasury attorney: Patricia Brown (202) 622-1781
CC:INTL

Agency Contact: Ginny Y. Chung, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AP01
_______________________________________________________________________




2797. CHARITABLE CONTRIBUTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 861

CFR Citation: 26 CFR 1

Legal Deadline: None

[[Page 23353]]

Abstract: Section 1.861-8(e) will provide new guidance regarding the 
allocation of charitable deductions to U.S. or foreign source income. A 
taxpayer will allocate such a deduction solely to U.S. source income, 
if he designated the contribution for U.S. use and reasonably believed 
that it would be so used. He will allocate such a deduction solely to 
foreign source income, if he knows or has reason to know that it would 
be used solely outside the United States or that it must necessarily be 
so used. In all other cases, he would ratably apportion such a 
deduction.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/12/91                    56 FR 10395
Hearing                         08/01/91                    56 FR 23823
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208246-90 (INTL-116-90)
Drafting attorney: Carl M. Cooper (202) 622-3840
Reviewing attorney: Philip Garlett (202) 622-3840
Treasury attorney: P. Ann Fisher (202) 622-1755
CC:INTL

Agency Contact: Carl M. Cooper, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AP30
_______________________________________________________________________




2798. SECTION 1.163-1(B)(2)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 165

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation project will finalize all outstanding 
proposed regulations under section 1.163-1(b)(2).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/93                     58 FR 5316
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208245-90 (INTL-115-90)
Drafting attorney: Carl M. Cooper (202) 622-3840
Reviewing attorney: Philip Garlett (202) 622-3840
CC:INTL

Agency Contact: Carl M. Cooper, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AP33
_______________________________________________________________________




2799. ACCOUNTING FOR LONG-TERM CONTRACTS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 26 USC 7805; 26 USC 460

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: Section 460 requires a taxpayer to use the percentage-of-
completion method of accounting for long-term contracts. The final 
regulations will provide general guidelines for determining whether a 
manufactured item is ``unique'' or normally requires more than 12 
months to complete. In addition, the final regulations will provide 
general rules for long-term contracts, including special accounting 
rules for exempt construction contracts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/05/99                    64 FR 24096
Correction to NPRM              06/16/99                    64 FR 32305
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-208156-91 (IA-58-91)
Drafting attorney: Leo F. Nolan II (202) 622-4960
Reviewing attorney: Robert M. Casey (202) 622-4960
Treasury attorney: Cristine Turgeon (202) 622-0865
CC:DOM:IT&A

Agency Contact: Leo F. Nolan II, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4960

RIN: 1545-AQ30
_______________________________________________________________________




2800. TELEFILE VOICE SIGNATURES TEST

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6012; 26 USC 6061; 26 USC 6065

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will enable the Internal Revenue 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                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209789-95 (IA-39-95)
Drafting attorney: Beverly A. Baughman (202) 622-4940
Reviewing attorney: Rochelle Hodes (202) 622-4940
CC:DOM:IT&A

Agency Contact: Beverly A. Baughman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4940

RIN: 1545-AQ68
_______________________________________________________________________




2801. DEFINITION OF ``HIGHLY COMPENSATED EMPLOYEE''

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 414

[[Page 23354]]

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations define the term ``highly compensated 
employee'' under section 414(q) of the Code. Temporary and proposed 
regulations under sections 414(q) 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 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.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/19/88                     53 FR 4999
NPRM Comment Period End         04/19/88
Partially Closed by TD 8548     06/27/94                    59 FR 32911
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Local, State

Federalism:  Undetermined

Additional Information: REG-209558-92
Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6030
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: Don Wellington (202) 622-1332
CC:EBEO

Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6030

RIN: 1545-AQ74
_______________________________________________________________________




2802. RULES FOR PROPERTY PRODUCED IN A FARMING BUSINESS

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

________________________________________________________________________

NPRM                            08/22/97                    62 FR 44607
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-208151-91 (IA-65-91)
Drafting attorney: Grant Anderson (202) 622-4970
Reviewing attorney: Tom Luxner (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:IT&A
NPRMs were issued in 1987 dealing with 263A. The regulations project 
was split into several projects. Since substantial changes are being 
made, another NPRM will be issued with another RIN and project number.

Agency Contact: Grant D. Anderson, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Ave NW,, 
Washington, DC 20224
Phone: 202 622-4970
Fax: 202 622-6316

RIN: 1545-AQ91
_______________________________________________________________________




2803. ESCROW FUNDS AND OTHER SIMILAR FUNDS

Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is 
undetermined.

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 0468B

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                            02/01/99                     64 FR 4801
NPRM Comment Period End         05/03/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209619-93 (IA-17-93)
Drafting attorney: Michael L. Gompertz (202) 622-4940
Reviewing attorney: George Blaine (202) 622-4910
CC:DOM:IT&A

Agency Contact: Michael L. Gompertz, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4940

RIN: 1545-AR82
_______________________________________________________________________




2804. PASSIVE FOREIGN INVESTMENT COMPANIES -- SPECIAL RULES FOR FOREIGN 
BANKS AND SECURITIES DEALERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1297

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                            04/28/95                    60 FR 20922
Hearing                         09/11/95                    60 FR 39902
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209733-93 (INTL-65-93)
Drafting attorney: Margaret Fung (202) 622-3840
Reviewing attorney: Philip Garlett (202) 622-3840
Treasury attorney: Michael Caballero (202) 622-0851
CC:INTL

Agency Contact: Margaret Fung, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AS46

[[Page 23355]]

_______________________________________________________________________




2805. DIESEL FUEL EXCISE TAX; DYE INJECTION SYSTEMS AND MARKERS

Priority: Substantive, Nonsignificant

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                            03/14/96                    61 FR 10490
NPRM Comment Period End         06/12/96
Hearing                         06/20/96
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209753-95 (PS-6-95)
Drafting attorney: Frank K. Boland (202) 622-3130
Reviewing attorney: Richard A. Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Frank K. Boland, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3130

RIN: 1545-AT18
_______________________________________________________________________




2806. PROPOSED REGULATION UNDER SECTIONS 882 AND 884

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 0882; 26 USC 0884

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance relating to the 
treatment of financial instruments and loans between partners and 
partnerships for purposes of sections 882 and 884.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/08/96                     61 FR 9377
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209805-95 (INTL-054-95)
Drafting attorney: Ginny Chung (202) 622-3870
Reviewing attorney: Paul Epstein (202) 622-3870
CC:INTL

Agency Contact: Ginny Y. Chung, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AT96
_______________________________________________________________________




2807. TREATMENT OF OBLIGATION-SHIFTING TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7701

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations recharacterize obligation-shifting 
transactions. Obligation-shifting transactions are transactions in 
which the transferee assumes obligations or acquires property subject 
to obligations under an existing lease or similar agreement and the 
transferor or any other party has already received or retains the right 
to receive amounts that are allocable to periods after the transfer. By 
recharacterizing obligation-shifting transactions in a manner that 
clearly reflects the parties' income, the regulations prevent tax 
avoidance.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/27/96                    61 FR 68175
NPRM Comment Period End         04/08/97
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209817-96 (FI-10-96)
Drafting attorney: Diana Inhof (202) 622-3930
Reviewing attorney: Jonathan Zelnik (202) 622-3920
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:FI&P

Agency Contact: Diana Inhof, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3930
Fax: 202 622-5694

RIN: 1545-AU19
_______________________________________________________________________




2808. RELIEF FROM DISQUALIFICATION FOR PLANS ACCEPTING ROLLOVERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Provide relief from disqualification to qualified plans that 
provide for the acceptance of rollover contributions and inadvertently 
accept an amount as a rollover contribution that is not in fact 
eligible for rollover.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/17/98                    63 FR 69584
NPRM Comment Period End         03/17/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-245562-96
Drafting attorney: Pamela Kinard (202) 622-6030
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: Amy Null (202) 622-4879
CC:EBEO

Agency Contact: Pamela R. Kinard, Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-6030

RIN: 1545-AU46
_______________________________________________________________________




2809. LEGENDING OF REMIC CERTIFICATES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6049

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Rescind requirements that issuers of REMICs and 
Collateralized

[[Page 23356]]

Debt Obligations provide certain information related to accrual of 
original issue discount on face of certificate; possibly will require 
information to be provided by other means.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/19/99                    64 FR 27221
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-100905-97
Drafting attorney: Kenneth Christman (202) 622-3950
Reviewing attorney: Marshall Feiring (202) 622-3960
CC:DOM:FI&P

Agency Contact: Kenneth P. Christman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3950

RIN: 1545-AU96
_______________________________________________________________________




2810. DEPOSITS OF EXCISE TAXES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6302

CFR Citation: 26 CFR 40

Legal Deadline: None

Abstract: Amendment of 26 CFR 40.6302(c)-1 to limit availability of 
safe harbor based on look-back quarter liability in certain cases.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/29/97                    62 FR 67589
NPRM Comment Period End         03/30/98
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-102894-97
Drafting attorney: Ruth Hoffman (202) 622-3130
Reviewing attorney: Richard Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Ruth E. Hoffman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3130

RIN: 1545-AV02
_______________________________________________________________________




2811. REGULATIONS UNDER SECTIONS 871, 881, AND 894 REGARDING PAYMENTS TO 
PARTNERSHIPS, AND OTHER TRANSPARENT ARRANGEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 871; 26 USC 881; 26 USC 894

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Guidance under section 894(c) for imposing tax liability on 
foreign persons deriving US source income through partnerships or other 
transparent arrangements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/02/97                    62 FR 35755
Final Action                    07/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-104893-97
Drafting attorney: Shawn Pringle (202) 622-3880
Reviewing attorney: Elizabeth Karzon (202) 622-3880
CC:INTL

Agency Contact: Shawn Pringle, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3880

RIN: 1545-AV10
_______________________________________________________________________




2812. RESEARCH CREDIT II

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 41

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This final regulation will provide rules relating to the 
proper definition of gross receipts to be used in computing the 
research credit and rules relating to the definition of qualified 
research under section 41(d). Further, this final regulation will 
provide rules for electing and revoking the election of the alternative 
incremental credit under section 41(c)(4).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/02/98                    63 FR 66503
Notice of Public Hearing        03/25/99                    64 FR 14412
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105170-97
Drafting attorneys: Lisa Shuman (202) 622-3120
 Leslie Finlow (202) 622-3120
Reviewing attorney: Christine Ellison (202) 622-3120
Treasury attorney: Mark Hoffenberg (202) 622-0869
CC:DOM:P&SI

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

Leslie Finlow, Attorney-Advisor, Department of the Treasury, Internal 
Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-3120

RIN: 1545-AV14
_______________________________________________________________________




2813. QUALIFIED STATE TUITION PROGRAMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 529

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations provide guidance regarding certain reporting 
requirements and transition rules applicable to qualified state tuition 
programs (QSTPs). QSTPs must satisfy requirements relating to 
contributions, refunds, and maintenance of separate accounts for each 
designated beneficiary in the program. In addition, QSTPs must prohibit 
investment direction, the use of any interest in the program as 
security for a loan, excess

[[Page 23357]]

contributions. The regulations also provide guidance concerning these 
requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/24/98                    63 FR 45019
NPRM Comment Period End         11/23/98
Hearing                         01/06/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Additional Information: REG-106177-97
Drafting attorney: Monice Rosenbaum (202) 622-6070
Reviewing attorney: James Brokaw (202) 622-6070
Reviewing attorney: Paul Feinberg (202) 622-6000
Treasury attorney: Susan Brown (202) 622-0999
CC:EBEO

Agency Contact: Monice L. Rosenbaum, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6070

RIN: 1545-AV18
_______________________________________________________________________




2814. REGULATIONS UNDER SECTION 1441 REGARDING THE ELECTRONIC 
TRANSMISSION OF WITHHOLDING CERTIFICATES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6061; 26 USC 1441

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation pertains to the guidance for the electronic 
transmission of withholding certificates.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/14/97                    62 FR 53504
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-107872-97
Drafting attorney: Carl Cooper (202) 622-3840
Reviewing attorney: Philip Garlett (202) 622-3840
CC:INTL

Agency Contact: Carl M. Cooper, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AV27
_______________________________________________________________________




2815. PRIVATE ACTIVITY BOND RULES FOR OUTPUT FACILITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulatory action contains regulations that provide 
guidance to state and local governments that issue bonds for output 
facilities. This regulatory action also contains temporary regulations 
that provide guidance on output facilities. These temporary regulations 
reflect changes made by the Tax Reform Act of 1986 and the Small 
Business Job Protection Act of 1996.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/22/98                     63 FR 3296
NPRM Comment Period End         04/22/98
Final Action                    01/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Local

Additional Information: REG-110965-97
Drafting attorney: Rose Weber (202) 622-3353
Reviewing attorney: Bruce Serchuk (202) 622-4438
CC:DOM:FI&P

Agency Contact: Rose M. Weber, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AV47
_______________________________________________________________________




2816. CLARIFICATION OF 4958 EXCISE TAXES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 4958

CFR Citation: 26 CFR 53; 26 CFR 301

Legal Deadline: None

Abstract: 26 USC 4958 was enacted in section 1311 of Taxpayer Bill of 
Rights 2, Public Law 104-168, 110 Stat. 1452, July 30, 1996. This 
section 4958, taxes on excess benefits transactions, is effective for 
transactions occurring after September 13, 1995. The regulations will 
clarify certain definitions and rules contained in section 4958.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/04/98                    63 FR 41486
NPRM Comment Period End         11/02/98
Hearing                         03/16/99                     64 FR 5727
Final Action                    06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-246256-96
Drafting attorney: Phyllis D. Haney (202) 622-4290
Reviewing attorney: Paul G. Accettura (202) 622-6070
Reviewing attorney: Paul C. Feinberg (202) 622-6000
Treasury attorney: Susan Brown (202) 622-0999
CC:EBEO

Agency Contact: Phyllis D. Haney, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4290

RIN: 1545-AV60
_______________________________________________________________________




2817. KEROSENE TAX; AVIATION FUEL TAX; TAX ON HEAVY TRUCKS AND TRAILERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 4082; 26 USC 4091; 26 USC 6427; 24 
USC 4052

CFR Citation: 26 CFR 48

Legal Deadline: None

Abstract: The regulations will describe the kerosene tax and 
exemptions, credits and refunds relating to the

[[Page 23358]]

kerosene tax. The regulations will also describe a special rule for 
refunds of the aviation fuel tax and a special registration rule for 
certain sellers of heavy vehicles.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/01/98                    63 FR 35893
NPRM Comment Period End         09/29/98
Hearing                         11/04/98
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-119227-97
Drafting attorney: Frank Boland (202) 622-3130
Reviewing attorney: Richard Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Frank K. Boland, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3130

RIN: 1545-AV71
_______________________________________________________________________




2818. QUALIFIED ZONE ACADEMY BONDS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide issuers and holders of qualified 
zone academy bonds (section 1397E of the Code) with formulas for 
determining the credit rate and maximum maturity of the bonds. The 
regulations will also provide guidance for the treatment of original 
issue discount, premium and mid-year sales of the bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/07/98                      63 FR 707
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Local

Additional Information: REG-119499-97
Drafting attorney: Timothy Jones (202) 622-3980
Reviewing attorney: Rebecca Harrigal (202) 622-3980
Treasury attorney: Stephen Watson (202) 622-1322
CC:DOM:FI&P

Agency Contact: Timothy Jones, Assistant to the Chief, Branch 5, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3980

RIN: 1545-AV75
_______________________________________________________________________




2819. CONTINUITY OF INTEREST

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulation providing guidance regarding the effect of 
redemption and distributions by a target corporation on satisfaction of 
the continuity of interest requirement in corporate reorganizations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/23/98                     63 FR 4204
NPRM Comment Period End         05/05/98
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-120882-97
Drafting attorney: Marie Byrne (202) 622-7750
Reviewing attorney: Christopher Shoen (202) 622-7750
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP
Split off from RIN 1545-AU72 due to additional issues requiring 
comment.

Agency Contact: Marie Byrne, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7750

RIN: 1545-AV81
_______________________________________________________________________




2820. DISCLOSURE OF RETURN INFORMATION TO THE BUREAU OF THE CENSUS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6103

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The purpose of this project is to update the items of return 
information to be disclosed by Internal Revenue Service personnel to 
the Bureau of the Census.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/25/99                     64 FR 3669
Final Action                    01/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-121806-97
Drafting attorney: Jamie Bernstein (202) 622-4570
Reviewing attorney: David Fish (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:EL:D

Agency Contact: Jamie G. Bernstein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4570
Fax: 202 622-9888

RIN: 1545-AV84
_______________________________________________________________________




2821. WARRANTS AND NONQUALIFIED PREFERRED STOCK

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 351

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation is intended to prevent avoidance of the 
special rule for nonqualified preferred stock under section 1014 of the 
Taxpayer Relief Act of 1997. Section 1.356-3 of the Income Tax 
Regulations is amended to provide that, as a general rule, the term 
``stock or securities'' does not include nonqualified preferred stock, 
or a right to acquire such preferred stock, where the stock or right is 
received in

[[Page 23359]]

exchange for stock or a right to acquire stock.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/06/98                      63 FR 453
NPRM Comment Period End         04/06/98
Hearing                         05/05/98
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-121755-97
Drafting attorney: Michael Danbury (202) 622-7978
Reviewing attorney: Bernita Thigpen (202) 622-7720
CC:DOM:CORP

Agency Contact: Michael Danbury, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7750

RIN: 1545-AV86
_______________________________________________________________________




2822. CONSOLIDATED RETURNS--LIMITATIONS ON THE USE OF CERTAIN LOSSES AND 
CREDITS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1502; 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: The regulations govern the use of certain tax credits and 
losses of a consolidated group.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/12/98                     63 FR 1803
NPRM Comment Period End         04/13/98
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-104062-97
Drafting attorney: Charles M. Whedbee (202) 622-7550
Reviewing attorney: Charles M. Whedbee (202) 622-7550
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: Charles M. Whedbee, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7550

RIN: 1545-AV88
_______________________________________________________________________




2823. RELIEF FOR PRESIDENTIALLY DECLARED DISASTER

Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is 
undetermined.

Legal Authority: 26 USC 7508; 26 USC 7508A

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations provide that, for any tax, penalty, 
additional amount, or addition to tax of a taxpayer determined to be 
affected by a presidentially declared disaster, the IRS may disregard 
up to 90 days in determining whether certain tax-related deadlines were 
satisfied and the amount of any credit or refund.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/30/99                    64 FR 73444
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-101492-98
Drafting attorney: Beverly A. Baughman (202) 622-4940
Reviewing attorney: Rochelle Hodes (202) 622-4940
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:DOM:IT&A

Agency Contact: Beverly A. Baughman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4940

RIN: 1545-AV92
_______________________________________________________________________




2824. CONSOLIDATED RETURNS--LIMITATIONS ON THE USE OF CERTAIN LOSSES AND 
CREDITS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1502; 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: Final, Statutory, June 2000, Regulations sunset under 
section 7805(e)(2).

Abstract: This document amends the effective dates of a prior notice of 
proposed rulemaking.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/06/98                    63 FR 12717
NPRM Comment Period End         05/07/98
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-104005-98
Drafting attorney: Roy Hirschhorn (202) 622-7770
Reviewing attorney: Charles M. Whedbee (202) 622-7550
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: David Kessler, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7770

RIN: 1545-AV99
_______________________________________________________________________




2825. AVERAGING OF FARM INCOME

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1301(c)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: An individual may elect to ``income average'' any amount of 
farm income by adding 1/3 of such elected farm income to each of the 
three prior years' taxable income and calculating the increase in tax 
for the prior years. The taxable income of the current year is reduced 
by the elected farm income and the increase in tax liability for the 
prior, three years is added to the current years tax liability.

[[Page 23360]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/08/99                    64 FR 54836
Public Hearing                  02/15/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-121063-97
Drafting attorney: John Moran (202) 622-7697
Reviewing attorney: Judith Wall (202) 622-4940
Treasury attorney: Lily Kahng (202) 622-0160
CC:DOM:IT&A

Agency Contact: John M. Moran, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7697
Fax: 202 622-6232

RIN: 1545-AW05
_______________________________________________________________________




2826. MARK-TO-MARKET ACCOUNTING FOR DEALERS IN COMMODITIES AND TRADERS 
IN SECURITIES AND COMMODITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 475(g); 26 USC 7805(a)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Guidance concerning mark-to-market accounting for securities 
traders and commodities dealers and traders.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/28/99                     64 FR 4374
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-104924-98
Drafting attorney: Jo Lynn Ricks (202) 622-3920
Reviewing attorney: Al Kraft (202) 622-3920
CC:DOM:FI&P

Agency Contact: Jo Lynn Ricks, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3920

RIN: 1545-AW06
_______________________________________________________________________




2827. STOCKS AND SECURITIES SAFE HARBOR EXCEPTION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulatory action will amend 26 CFR 1 to clarify and 
update the safe harbor that one is not engaged in a trade or business 
as a result of trading in stocks and securities. The amendment will 
provide additional guidance regarding the definitions of stocks and 
securities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/12/98                    63 FR 32164
Hearing                         09/09/98
NPRM Comment Period End         09/10/98
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106031-98
Drafting attorney: Milton Cahn (202) 622-3870
Reviewing attorney: Paul Epstein (202) 622-3870
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

Agency Contact: Milton M. Cahn, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AW13
_______________________________________________________________________




2828. QUALIFIED LESSEE CONSTRUCTION ALLOWANCES FOR SHORT-TERM LEASES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 110

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulation describing the information required to be 
furnished to the Secretary by lessees and lessors involved with 
construction allowances for short-term leases.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/20/99                    64 FR 50783
Comment Period Ends             12/20/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106010-98
Drafting attorney: Paul Handleman (202) 622-3040
Reviewing attorney: Walter Woo (202) 622-3040
Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:P&SI

Agency Contact: Paul F. Handleman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3040
Fax: 202 622-4753

RIN: 1545-AW16
_______________________________________________________________________




2829. DEFINITION OF CONTRIBUTION IN AID OF CONSTRUCTION UNDER SUBSECTION 
118(C)(3)(A)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 118

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations to provide guidance on the definition of 
contributions in aid of construction within the meaning of section 
118(c)(3)(A).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/20/99                    64 FR 71082
Comment Period Ends             03/22/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106012-94
Drafting attorney: Paul Handleman (202) 622-3040
Reviewing attorney: Walter Woo (202) 622-3040

[[Page 23361]]

Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:P&SI

Agency Contact: Paul F. Handleman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3040
Fax: 202 622-4753

RIN: 1545-AW17
_______________________________________________________________________




2830. CAPITAL GAINS AND PARTNERSHIP PROVISIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1(h)(11); 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Guidance regarding the application of the partnership 
provisions to capital gains.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/09/99                    64 FR 43117
NPRM Comment period             09/08/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106527-98
Drafting attorney: Jeanne Sullivan (202) 622-3050
Reviewing attorney: Dianna Miosi (202) 622-3050
Treasury attorney: James B. Sowell (202) 622-5721
CC:DOM:P&SI

Agency Contact: Jeanne Sullivan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3050

RIN: 1545-AW22
_______________________________________________________________________




2831. INTERCOMPANY OBLIGATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1502; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: To provide clarification of the tax treatment of certain 
transfers of intercompany obligations by or to a member of a 
consolidated group.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/18/98                    63 FR 70354
NPRM Comment Period End         03/22/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105964-98
Drafting attorney: Theresa Abell (202) 622-7790
Reviewing attorney: Ken Cohen (202) 622-7790
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: Theresa Abell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7790

RIN: 1545-AW30
_______________________________________________________________________




2832. RETENTION OF INCOME TAX RETURN PREPARER'S SIGNATURES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6695

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This document provides an alternative to the requirement that 
an income tax return preparer must keep a manually signed (by the 
preparer) copy of a return, if the preparer presented to the taxpayer 
for signature a return with a copy of the preparer's signature.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/31/98                    63 FR 72218
NPRM Comment Period End         03/31/99
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106386-98
Drafting attorney: Beverly A. Baughman (202) 622-4940
Reviewing attorney: Judith M. Wall (202) 622-4940
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:IT&A

Agency Contact: Beverly A. Baughman, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4940

RIN: 1545-AW52
_______________________________________________________________________




2833. GUIDANCE UNDER SECTION 1032

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to the treatment of a disposition by 
a corporation of the stock of another corporation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/23/98                    63 FR 50816
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106221-98
Drafting attorney: Michael Kaibri (202) 622-7550
Reviewing attorney: Filiz Serbes (202) 622-7550
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: Michael Kaibri, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7550

RIN: 1545-AW53
_______________________________________________________________________




2834. MODIFICATION OF SECTION 263A REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 263A; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Amends the regulations under section 263A, relating to the

[[Page 23362]]

simplified production and resale methods with historic absorption ratio 
election.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/24/99                    64 FR 27936
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-113910-98
Drafting attorney: Cheryl Oseekey (202) 622-4970
Reviewing attorney: Thomas Luxner (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:DOM:IT&A

Agency Contact: Cheryl Lynn Oseekey, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6316

RIN: 1545-AW54
_______________________________________________________________________




2835. INCREASE IN CASHOUT LIMIT UNDER SECTIONS 411(A)(7), 411(A)(11), 
AND 417(E)(1)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations provide guidance relating to the increase 
from $3,500 to $5,000 of the limit on distributions from qualified 
plans that can be made without participant consent, as amended by the 
Taxpayer Relief Act of 1997.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/21/98                    63 FR 70356
NPRM Comment Period End         03/22/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-113694-98
Drafting attorney: Robert Walsh (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6030
CC:EBEO

Agency Contact: Robert Walsh, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6090

RIN: 1545-AW59
_______________________________________________________________________




2836. GUIDANCE UNDER SECTION 355(D)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 0355

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance on transactions under 
section 355(d).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/03/99                    64 FR 23554
NPRM Comment Period Ends        08/02/99
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106004-98
Drafting attorney: Charles Whedbee (202) 722-7550
Reviewing attorney: Charles Whedbee (202) 622-7550
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: Charles M. Whedbee, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7550

RIN: 1545-AW71
_______________________________________________________________________




2837. REPORTING OF PAYMENTS TO ATTORNEY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6045

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Information reporting requirements for payments of gross 
proceeds made in the course of a trade or business to attorneys in 
connection with legal services.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/21/99                    64 FR 27730
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105312-98
Drafting attorney: Katharine Kiss (202) 622-4920
Reviewing attorney: Michael Montemurro (202) 622-4920
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:IT&A

Agency Contact: Katharine A. Kiss, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4920

RIN: 1545-AW72
_______________________________________________________________________




2838. MODIFICATIONS AND ADDITIONS TO THE UNIFIED PARTNERSHIP AUDIT 
PROCEDURES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6230; 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Regulations modifying the Unified Partnership Audit 
Procedures. These changes are based on statutory changes enacted in 
1997 and 1998.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/25/99                     64 FR 3886
Cancellation of Public Hearing  04/06/99                    64 FR 16640
Correction To NPRM              04/19/99                    64 FR 19217
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-106564-98
Drafting attorney: Robert Honigman (202) 622-3050
Reviewing attorney: Dianna Miosi (202) 622-3050
Treasury attorney: Jim Sowell (202) 62

[[Page 23363]]

2-5721
CC:DOM:P&SI

Agency Contact: Robert Honigman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3050

RIN: 1545-AW86
_______________________________________________________________________




2839. CERTAIN ASSET TRANSFERS TO REGULATED INVESTMENT COMPANIES (RICS) 
AND REAL ESTATE INVESTMENT TRUSTS (REITS)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 337(d)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations that implement provisions of the Tax Reform Act 
of 1986, in accordance with Notice 88-19, 1988-1 C.B. 486.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/03/00                     65 FR 5805
Comment Period Ends             04/19/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209135-88
Drafting attorney: Christopher Schoen (202) 622-7750
Reviewing attorney: Bernita Thigpen (202) 622-7720
Treasury attorney: Joseph Mikrut (202) 622-0180
CC:DOM:CORP

Agency Contact: Christopher Schoen, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7750

RIN: 1545-AW92
_______________________________________________________________________




2840. CONTINUATION COVERAGE REQUIREMENTS APPLICABLE TO GROUP HEALTH 
PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 4980B

CFR Citation: 26 CFR 54

Legal Deadline: None

Abstract: These regulations provide guidance to employers, employee 
organizations, plan administrators, multiemployer plans, as well as to 
participants and beneficiaries about the COBRA health care continuation 
coverage requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/03/99                     64 FR 5237
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-121865-98
Drafting attorney: Russ Weinheimer (202) 622-4695
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: Amy Null (202) 622-4879
CC:EBEO

Agency Contact: Russell E. Weinheimer, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060

RIN: 1545-AW94
_______________________________________________________________________




2841. QUALIFIED ZONE ACADEMY BONDS CREDIT RATE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulatory action provides rules to determine the credit 
rate that will permit the issuance of qualified zone academy bonds 
without discount and without interest cost to the issuer. The 
regulations also provide that the proceeds of qualified zone academy 
bonds may be used to reimburse certain qualified expenditures.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/01/99                    64 FR 35573
Hearing                         11/09/99                    64 FR 35579
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105327-99
Drafting attorney: Allan Seller (202) 622-3421
Reviewing attorney: Timothy Jones (202) 622-3980
CC:DOM:FI&P

Agency Contact: Timothy Jones, Assistant to the Chief, Branch 5, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3980

RIN: 1545-AX03
_______________________________________________________________________




2842. ALLOCATION OF RESEARCH CREDIT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 41

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance on the proper method of 
computing the research credit for a controlled group. In addition, this 
regulation will provide guidance on the allocation of the research 
credit among members of the controlled group.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/04/00                      65 FR 258
Public Hearing                  04/26/00
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105606-99
Drafting attorney: Lisa Shuman (202) 622-3120
Reviewing attorney: James Gibbons (202) 622-3120
Treasury attorney: Mark Hoffenberg (202) 622-0869
CC:DOM:P&SI

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

RIN: 1545-AX05
_______________________________________________________________________




2843. DELAY RENTAL PAYMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 263A

[[Page 23364]]

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations would clarify that section 1.612-3(c) applies 
to delay rental payments to the extent that section 263A does not 
require the payments to be capitalized.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/08/00                     65 FR 6090
Public Hearing                  05/26/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103882-99
Drafting attorney: Brenda Stewart (202) 622-3120
Reviewing attorney: J.H. Makurath (202) 622-3120
Treasury attorney: John Parcell (202) 622-2578
CC:DOM:P&SI

Agency Contact: Brenda M. Stewart, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3120

RIN: 1545-AX06
_______________________________________________________________________




2844. VALUATION TABLES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7520

CFR Citation: 26 CFR 1; 26 CFR 20; 26 CFR 25

Legal Deadline: None

Abstract: The regulations provide updated actuarial tables used in 
valuing interests for income, estate, and gift tax purposes, that are 
based on one or more measuring lives by use of the most recent 
mortality experience data.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/30/99                    64 FR 23245
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103851-99
Drafting attorney: William L. Blodgett (202) 622-3090
Reviewing attorney: George Masnik (202) 622-3090
Treasury attorney: Beth Kaufman (202) 622-1766
CC:DOM:P&SI

Agency Contact: William L. Blodgett, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3090

RIN: 1545-AX07
_______________________________________________________________________




2845. ALLOCATION OF PARTNERSHIP DEBT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance on the allocation of 
partnership liabilities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/13/00                     65 FR 2084
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103831-99
Drafting attorney: Christopher Kelley (202) 622-3070
Reviewing attorney: William P. O'Shea (202) 622-3070
Treasury attorney: James Sowell (202) 622-5723
CC:DOM:P&SI

Agency Contact: Christopher Kelley, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070
Fax: 202 622-4804

RIN: 1545-AX09
_______________________________________________________________________




2846. DEFINITION OF GRANTOR

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 643(a)(7); 26 USC 672(f)(6)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations providing a definition of the term grantor for 
all purposes of part 1 of subject J, chapter 1 of the Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/10/99                    64 FR 43323
NPRM Comment Period End         10/12/99
Hearing                         11/02/99
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-114750-99
Drafting attorney: James Quinn (202) 622-3060
Reviewing attorney: J. Thomas Hines (202) 622-3060
Treasury attorney: Beth Kaufman (202) 622-1766
CC:DOM:P&SI

Agency Contact: James A. Quinn, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3060

RIN: 1545-AX25
_______________________________________________________________________




2847. 351(G) GUIDANCE PROJECT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 351

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The project will provide guidance regarding certain exchanges 
of or for preferred stock.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/26/00                     65 FR 4203
Comment Period Ends             05/10/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-105089-99
Drafting attorney: Richard E. Coss (202) 622-7790
Reviewing attorney: Michael J. Wilder (202) 622-7790
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: Richard E. Coss, Attorney-Advisor, Department of the

[[Page 23365]]

Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7790

RIN: 1545-AX38
_______________________________________________________________________




2848. CHANGES IN ENTITY CLASSIFICATION: SPECIAL RULE FOR CERTAIN FOREIGN 
ELIGIBLE ENTITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7701

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Rules relating to certain conversions of foreign eligible 
entities under the entity classification rules.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/29/99                    64 FR 66591
Public Hearing                  01/31/00
NPRM Comment Period End         02/28/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-110385-99
Drafting attorney: Mark Harris (202) 622-3860
Reviewing attorney: Philip Tretiak (202) 622-3860
CC:INTL

Agency Contact: Mark Harris, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AX39
_______________________________________________________________________




2849. GROUPING RULES FOR FOREIGN SALES CORPORATION TRANSFER PRICING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 925(b); 26 USC 927(d)(2)(B)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Final regulations to provide grouping rules for purposes of 
Foreign Sales Corporation transfer pricing.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-110605-99
Drafting attorney: Douglas Giblen (202) 874-1490
Reviewing attorney: Elizabeth Beck (202) 874-1490
Treasury attorney: Manal Corwin (202) 622-1317
CC:INTL

Agency Contact: Douglas Giblen, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza SW, Washington, 
DC 20024
Phone: 202 874-1490

RIN: 1545-AX41
_______________________________________________________________________




2850. CHANGES TO SECTION 1441 REGULATIONS EFFECTIVE JANUARY 1, 2000

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1441

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation contains numerous technical corrections to 
section 1441 regulations, effective January 1, 2000, and incorporates 
those changes announced in Notice 99-8.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-104864-99
Drafting attorney: Kate Hwa (202) 622-3840
Reviewing attorney: Philip Garlett (202) 622-3840
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

Agency Contact: Kate Hwa, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-3840

RIN: 1545-AX53
_______________________________________________________________________




2851. MODIFICATION OF THE SOLELY-FOR-VOTING STOCK REQUIREMENT IN CERTAIN 
CORPORATE REORGANIZATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to the solely-for-voting stock 
requirement of a ``C'' reorganization in certain transactions in which 
the acquiring corporation is a historic shareholder of the target 
corporation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/14/99                    64 FR 31770
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-115086-98
Drafting attorney: Marnie Rapaport (202) 622-7550
Rewiewing attorney: Charles Whedbee (202) 622-7550
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:DOM:CORP

Agency Contact: Marnie Rapaport, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7550

RIN: 1545-AX57
_______________________________________________________________________




2852. PERMITTED ELECTION CHANGES UNDER SECTION 125

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Final regulations will clarify the circumstances under which 
an employer may permit a cafeteria plan participant to revoke an 
existing election with respect to accident or

[[Page 23366]]

health coverage, or group term life insurance coverage, and make a new 
election during a period of coverage.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/07/97                    62 FR 60196
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-243025-96
Drafting attorney: Janet Laufer (202) 622-6060
Reviewing attorney: Harry Beker (202) 622-6080
Treasury attorney: William Bortz (202) 622-1352
CC:EBEO

Agency Contact: Janet A. Laufer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060
Fax: 202 622-4084

RIN: 1545-AX58
_______________________________________________________________________




2853.  REOPENINGS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The cross-reference NPRM revises the rules for reopening of 
Treasury securities. Under the rules, Treasury can reopen an issue of 
outstanding Treasury securities if certain conditions are satisfied. As 
a result, any discount that arises upon the reopening will be market 
discount rather than original issue discount.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/05/99                    64 FR 60395
Final Rule                      12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Additional Information: REG-115932-99
Drafting attorney: William E. Blanchard (202) 622-3950
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:FI&P

Agency Contact: William E. Blanchard, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3950

RIN: 1545-AX60
_______________________________________________________________________




2854.  PREVENTION OF ABUSE OF CHARITABLE REMAINDER TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 643

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Prevention of abuse of charitable remainder trusts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/21/99                    64 FR 56718
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116125-99
Drafting attorney: Mary Beth Collins (202) 622-3080
Reviewing attorney: William P. O'Shea (202) 622-3070
Treasury attorney: Susan D. Brown (202) 622-0999
CC:DOM:P&SI

Agency Contact: Mary Beth Collins (Carchia), Attorney-Advisor, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AX62
_______________________________________________________________________




2855.  STOCK TRANSFER RULES: SUPPLEMENTAL RULES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 367

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This rule supplements the rules that describe the extent to 
which a foreign corporation shall be considered to be a corporation 
under section 367 in connection with an exchange described in sections 
332, 351, 354, 355, 356 or 361.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/24/00                     65 FR 3629
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116046-99
Drafting attorney: Mark D. Harris (202) 622-3860
Reviewing attorney: Irwin Halpern (202) 622-3850
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

Agency Contact: Mark Harris, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AX63
_______________________________________________________________________




2856.  DISCLOSURES OF RETURN INFORMATION TO OFFICERS AND 
EMPLOYEES OF THE DEPARTMENT OF AGRICULTURE FOR CERTAIN STATISTICAL 
PURPOSES AND RELATED ACTIVITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103(j)(5)

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation will allow the Service to disclose return 
information to the Department of Agriculture for purposes of the Census 
of Agriculture. The disclosure of the specific items of return 
information identified in the regulation is necessary in order for the 
Department of Agriculture to accurately identify, locate, and classify, 
as well as properly process information from, agricultural businesses 
to be surveyed for the statutorily mandated Census of Agriculture.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/04/00                      65 FR 215
Final Rule                      01/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Additional Information: REG-116704-99
Drafting attorney: Jennifer McGinty (202) 622-6288

[[Page 23367]]

Reviewing attorney: David Fish (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:DOM:EL:D

Agency Contact: Jennifer S. McGinty, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6288

RIN: 1545-AX69
_______________________________________________________________________




2857.  ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE AND 
CERTAIN OTHER EXPENSES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 864

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations provide rules for the allocation and 
apportionment of interest expenses and certain other expenses for 
purposes of the foreign tax credit and certain other international tax 
provisions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-117608-99
Drafting attorney: David Bergkuist (202) 622-3850
Reviewing attorney: Michael Cornett (202) 622-3800
Treasury attorney: Michael Corwin (202) 622-1317
CC:INTL

Agency Contact: David F. Bergkuist, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-AX72
_______________________________________________________________________




2858.  APPLYING SECTION 197 TO PARTNERSHIP TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 197(g)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will apply the section 197 amortization rules 
to partnership transactions under sections 732 and 734, in addition to 
any other partnership issues, which may arise before the publication of 
the regulations as final.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/25/00                     65 FR 3903
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-100163-00
Drafting attorney: Robert Hanigman (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050
Treasury attorney: James Sowell (202) 622-5721
CC:PS&I

Agency Contact: Robert Honigman, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3050

RIN: 1545-AX73
_______________________________________________________________________




2859.  CLARIFICATION OF ENTITY CLASSIFICATION RULES REGARDING 
ENTITIES CLASSIFIED AS CORPORATIONS (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7701

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Special rule to clarify the per se list of corporate 
entities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulation            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-101739-00
Drafting attorney: Camille Evans (202) 622-3860
Reviewing attorney: Philip Tretiak (202) 622-3860
CC:INTL

Agency Contact: Camille B. Evans, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-AX76
_______________________________________________________________________




2860.  REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY 
ABUSIVE TAX SHELTERS (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6112; 26 USC 7805

CFR Citation: 26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: Temporary regulations requiring the maintenance of lists of 
investors in potentially abusive tax shelters described in section 
6112.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11271
Public Hearing                  06/00/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103736-00
Drafting attorney: Richard Castanon (202) 622-3070
Reviewing attorney: Donna Young (202) 622-3000
CC:DOM:P&SI

Agency Contact: Richard Castanon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AX80
_______________________________________________________________________




2861.  TAX SHELTER DISCLOSURE STATEMENTS (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6011; 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

[[Page 23368]]

Abstract: Temporary regulations requiring certain corporate taxpayers 
to file a statement under section 6011 and maintain certain documents 
under section 6001.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11269
Public Hearing                  06/00/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103735-00
Drafting attorney: Richard Castanon (202) 622-3070
Reviewing attorney: Donna Young (202) 622-3000
CC:DOM:P&SI

Agency Contact: Richard Castanon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AX82
_______________________________________________________________________




2862.  HIPAA PORTABILITY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 9833

CFR Citation: 26 CFR 54.9801-1T

Legal Deadline: None

Abstract: These regulations provide guidance to group health plans 
regarding the limitations on imposing pre-existing condition exclusions 
and the special enrollment rules. These regulations also provide 
guidance regarding plans and benefits that are not subject to these 
rules.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/08/97                    62 FR 16977
Interim Final Rule              04/08/97
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-119828-99
Drafting attorney: Russell E. Weinheimer (202) 622-6060
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: Kevin Knopf (202) 622-2329
CC:EBEO

Agency Contact: Russell E. Weinheimer, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060

RIN: 1545-AX84
_______________________________________________________________________




2863.  SPECIAL RULES FOR OUTPUT FACILITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: Final, Statutory, December 30, 2000, 3 year duration 
for temporary regulations.

Abstract: Special rules for output facilities to determine whether 
arrangements for purchases of output from an output facility cause an 
issue of bonds to meet the private business tests under section 147(b).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Governmental Jurisdictions

Government Levels Affected: Local, State

Federalism:  Undetermined

Additional Information: REG-114998-99
Drafting attorney: Rose M. Weber (202) 622-3980
Reviewing attorney: Bruce M. Serchuk (202) 622-3980
Treasury attorney: Stephen Watson (202) 622-1322
CC:FI&PREG-114998-99
Drafting attorney: Rose M. Weber (202) 622-3980
Reviewing attorney: Bruce M. Serchuk (202) 622-3980
Treasury attorney: Stephen Watson (202) 622-1322
CC:FI&P

Agency Contact: Rose M. Weber, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AX87
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Long-Term Actions


Internal Revenue Service (IRS)



_______________________________________________________________________




2864. INCOME TAX--DEFINITION OF QUALIFIED POSSESSION SOURCE INVESTMENT 
INCOME FOR PURPOSES OF PUERTO RICO AND POSSESSION TAX CREDIT

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/86                     51 FR 2726


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: W. Edward Williams
Phone: 202 622-3880

RIN: 1545-AC10
_______________________________________________________________________




2865. TREATMENT OF FUNDED WELFARE BENEFIT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/03/85                    50 FR 27456
NPRM Comment Period End         09/03/85


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Janet A. Laufer
Phone: 202 622-6060

[[Page 23369]]

Fax: 202 622-4084

RIN: 1545-AG14
_______________________________________________________________________




2866. GOLDEN PARACHUTE PAYMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert Misner
Phone: 202 622-6060

RIN: 1545-AH49
_______________________________________________________________________




2867. FSC TRANSFER PRICING RULES, DISTRIBUTIONS, DIVIDENDS RECEIVED, 
DEDUCTION, AND OTHER SPECIAL RULES FOR FSC

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/03/87                     52 FR 6467
NPRM Comment Period End         05/02/87


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Douglas Giblen
Phone: 202 874-1490

RIN: 1545-AI16
_______________________________________________________________________




2868. INFORMATION FROM PASSPORT AND IMMIGRATION APPLICANTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/24/92                    57 FR 61373


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Michael E. Hara
Phone: 202 622-3840

RIN: 1545-AJ93
_______________________________________________________________________




2869. INCOME OF FOREIGN GOVERNMENTS AND INTERNATIONAL ORGANIZATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/27/88                    53 FR 24100
NPRM Comment Period End         08/26/88


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: David A. Juster
Phone: 202 622-3850

RIN: 1545-AL93
_______________________________________________________________________




2870. CBI INVESTMENTS OF SECTION 936 FUNDS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/13/91                    56 FR 21963
Hearing                         07/12/91


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: W. Edward Williams
Phone: 202 622-3880

RIN: 1545-AM91
_______________________________________________________________________




2871. RAILROAD UNEMPLOYMENT REPAYMENT TAX

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 31

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/13/93                    58 FR 28374
NPRM Comment Period End         07/12/93


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Jean Casey
Phone: 202 622-6060

RIN: 1545-AN40
_______________________________________________________________________




2872. CONSOLIDATED ALTERNATIVE MINIMUM TAX

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/30/92                    57 FR 62251
NPRM Comment Period End         03/01/93
Hearing                         04/06/93


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Martin Scully
Phone: 202 622-4960

RIN: 1545-AN73
_______________________________________________________________________




2873. CONFORMING TAXABLE YEARS OF CFCS AND FPHCS: 1989 CHANGE

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/05/93                      58 FR 290


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Margaret Fung
Phone: 202 622-3840

RIN: 1545-AO22
_______________________________________________________________________




2874. 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

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/15/92                    57 FR 59324
NPRM Comment Period End         01/20/93


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Keith E. Stanley
Phone: 202 622-7530

RIN: 1545-AP52

[[Page 23370]]

_______________________________________________________________________




2875. USE OF GAAP EARNINGS AS E&P OF FOREIGN CORPORATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/01/92                    57 FR 29246


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Anne Devereaux
Phone: 202 622-3850

RIN: 1545-AQ55
_______________________________________________________________________




2876. INTEREST-FREE ADJUSTMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 31

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/10/92                    57 FR 58423
NPRM Comment Period End         02/08/93


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karin Loverud
Phone: 202 622-6060

RIN: 1545-AQ61
_______________________________________________________________________




2877. THE TREATMENT OF ACCELERATED DEATH BENEFITS UNDER SECTIONS 101, 
7702 AND 7702A OF THE INTERNAL REVENUE CODE

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/15/92                    57 FR 59319
NPRM Comment Period End         02/26/93
Hearing                         03/19/93


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Ann H. Logan
Phone: 202 622-3970

RIN: 1545-AQ70
_______________________________________________________________________




2878. MARK-TO-MARKET UPON DISPOSITION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/04/95                      60 FR 397


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert B. Williams
Phone: 202 622-3960

RIN: 1545-AS85
_______________________________________________________________________




2879. STRADDLES--MISCELLANEOUS ISSUES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/02/95                    60 FR 21482


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert B. Williams
Phone: 202 622-3960

RIN: 1545-AT46
_______________________________________________________________________




2880. EFFECT OF THE FAMILY AND MEDICAL LEAVE ACT ON THE OPERATION OF 
CAFETERIA PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/21/95                    60 FR 66229


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Janet A. Laufer
Phone: 202 622-6060
Fax: 202 622-4084

RIN: 1545-AT47
_______________________________________________________________________




2881. ALLOCATION OF ACCRUED BENEFITS BETWEEN EMPLOYER AND EMPLOYEE 
CONTRIBUTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/22/95                    60 FR 66532
NPRM Comment Period End         03/21/96


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Janet A. Laufer
Phone: 202 622-6060
Fax: 202 622-4084

RIN: 1545-AT82
_______________________________________________________________________




2882. APPLICATION OF GRANTOR TRUST RULES TO NONEXEMPT EMPLOYEES' TRUST

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/27/96                    61 FR 50778
NPRM Comment Period End         12/26/96
Hearing                         01/15/97


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: M. Grace Fleeman
Phone: 202 622-3880

RIN: 1545-AU29
_______________________________________________________________________




2883. RECOMPUTATION OF LIFE INSURANCE RESERVES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/02/97                       62 FR 71


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Mark S. Smith
Phone: 202 622-3970

RIN: 1545-AU49
_______________________________________________________________________




2884. FASIT--START-UP/OPERATIONAL/TRANSITION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 1

[[Page 23371]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           11/04/96                    61 FR 56648
ANPRM Comment Period End        12/31/96
NPRM                            02/07/00                     65 FR 5807


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marshall Feiring
Phone: 202 622-3960

RIN: 1545-AU94
_______________________________________________________________________




2885. DEFINITION OF ``PRIVATE ACTIVITY BONDS''--ALLOCATION AND 
ACCOUNTING REGULATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/30/94                    59 FR 67658
NPRM Comment Period End         05/01/95


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Bruce M. Serchuk
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AU98
_______________________________________________________________________




2886. WITHDRAWAL OF NOTICE OF FEDERAL TAX LIEN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/30/99                    64 FR 35102
Final Action                    04/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kevin B. Connelly
Phone: 202 622-3630

RIN: 1545-AV00
_______________________________________________________________________




2887. ELECTRONIC TIP REPORTING

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 31

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/26/98                     63 FR 3680
NPRM Comment Period End         04/27/98


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karin Loverud
Phone: 202 622-6060

RIN: 1545-AV28
_______________________________________________________________________




2888. EIC ELIGIBILITY

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/25/98                    63 FR 34615
NPRM Comment Period End         09/23/98


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karin Loverud
Phone: 202 622-6060

RIN: 1545-AV61
_______________________________________________________________________




2889. REQUIRED DISTRIBUTIONS FROM QUALIFIED PLANS AND INDIVIDUAL 
RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/30/97                    62 FR 67780


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: Cheryl Press
Phone: 202 622-6030
Fax: 202 622-4631

RIN: 1545-AV82
_______________________________________________________________________




2890. INTEREST ON EDUCATION LOANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/99                     64 FR 3257


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John P. Moriarty
Phone: 202 627-4950

RIN: 1545-AW01
_______________________________________________________________________




2891. ALLOCATION OF LOSS ON DISPOSITION OF PERSONAL PROPERTY

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/11/99                     64 FR 1571
Cancellation of Public Hearing  05/14/99                    64 FR 26348


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: David A. Juster
Phone: 202 622-3850

RIN: 1545-AW09
_______________________________________________________________________




2892. GRAT AND NOTES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/22/99                    64 FR 33235


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James F. Hogan
Phone: 202 622-3090

RIN: 1545-AW25
_______________________________________________________________________




2893. PAYMENT OF TAXES BY CREDIT CARD AND DEBIT CARD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/15/98                    63 FR 69031
NPRM Comment Period End         03/15/99
Final Action                    12/00/01

[[Page 23372]]

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mitchel S. Hyman
Phone: 202 622-3620

RIN: 1545-AW37
_______________________________________________________________________




2894. CONVERSION TO THE EURO

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/29/98                    63 FR 40383
NPRM Comment Period End         10/01/98
Hearing                         10/20/98


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John W. Rogers
Phone: 202 622-3870

RIN: 1545-AW43
_______________________________________________________________________




2895. SECTION 148--CLARIFICATION OF THE TREATMENT OF PREPAYMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/25/99                    64 FR 46320


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Rebecca Harrigal
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AW44
_______________________________________________________________________




2896. GUIDANCE UNDER SUBPART F RELATING TO CERTAIN HYBRID TRANSACTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/13/99                    64 FR 37677


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Valerie A. Mark
Phone: 202 622-3840

RIN: 1545-AW63
_______________________________________________________________________




2897. EDUCATION CREDITS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/06/99                      64 FR 794


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Donna J. Welch
Phone: 202 622-4910
Fax: 202 622-6316

RIN: 1545-AW65
_______________________________________________________________________




2898. PREPARER DUE DILIGENCE REQUIREMENTS FOR DETERMINING EARNED INCOME 
CREDIT ELIGIBILITY

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/21/98                    63 FR 70357
Cancellation of Public Hearing  05/11/99                    64 FR 25223


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Andrea Tucker
Phone: 202 622-3080

RIN: 1545-AW73
_______________________________________________________________________




2899. SECTION 355(E) GUIDANCE

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/24/99                    64 FR 46155


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Brendan O'Hara
Phone: 202 622-7530

RIN: 1545-AW79
_______________________________________________________________________




2900. TIMELY MAILING TREATED AS TIMELY FILING/ELECTRONIC POSTMARK

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/15/99                     64 FR 2606


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Charles A. Hall
Phone: 202 622-4940

RIN: 1545-AW81
_______________________________________________________________________




2901. COMPROMISES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/21/99                    64 FR 39106
Final Action                    07/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Frederick W. Schindler
Phone: 202 622-3620

RIN: 1545-AW88
_______________________________________________________________________




2902. NOTICE AND OPPORTUNITY FOR HEARING BEFORE LEVY

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/22/99                     64 FR 3462
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jerome D. Sekula
Phone: 202 622-3610

RIN: 1545-AW90
_______________________________________________________________________




2903. NOTICE AND OPPORTUNITY FOR HEARING UPON FILING OF NOTICE OF LIEN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

[[Page 23373]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/22/99                     64 FR 3461
Cancellation of Public Hearing  06/11/99                    64 FR 31529
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jerome D. Sekula
Phone: 202 622-3610

RIN: 1545-AW91
_______________________________________________________________________




2904. TRANSFER OF REMIC RESIDUAL INTEREST

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/07/00                     65 FR 5807


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marshall Feiring
Phone: 202 622-3960

RIN: 1545-AW98
_______________________________________________________________________




2905. GST ISSUES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/18/99                    64 FR 62997


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James F. Hogan
Phone: 202 622-3090

RIN: 1545-AX08
_______________________________________________________________________




2906. DEFINITION OF LAST KNOWN ADDRESS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/22/99                    64 FR 63768


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Charles A. Hall
Phone: 202 622-4940

RIN: 1545-AX13
_______________________________________________________________________




2907. CHANGE OF ANNUAL ACCOUNTING PERIOD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Martin Scully
Phone: 202 622-4960

RIN: 1545-AX15
_______________________________________________________________________




2908. GUARANTEED INVESTMENT CONTRACTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/27/99                    64 FR 46876


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Rose M. Weber
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AX22
_______________________________________________________________________




2909. EXTENSION OF TIME TO ELECTRONICALLY FILE INFORMATION RETURNS, 
LIMITATION OF PENALTY FOR INDIVIDUAL'S FAILURE TO PAY DURING PERIOD OF 
INSTALLMENT AGREEMENT

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/27/00                     65 FR 4396


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Local, Federal

Agency Contact: Marilyn E. Brookens
Phone: 202 622-4920
Fax: 202 622-6316

RIN: 1545-AX31
_______________________________________________________________________




2910. QUALIFIED TRANSPORTATION FRINGE BENEFITS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/27/00                     65 FR 4388


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Agency Contact: John Burnell Richards
Phone: 202 622-6040
Fax: 202 622-4817

RIN: 1545-AX33
_______________________________________________________________________




2911.  DEFINITION OF HYPERINFLATIONARY CURRENCY FOR PURPOSES OF 
SECTION 988

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 989

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will define when a regulation will be 
considered hyperinflationary for purposes of section 988.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/13/00                     65 FR 2084


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116567-99
Drafting attorney: John Rogers (202) 622-3870
Reviewing attorney: Jeffrey L. Dorfman (202) 622-3870
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

Agency Contact: John W. Rogers, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3870

RIN: 1545-AX67

[[Page 23374]]

_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


Internal Revenue Service (IRS)



_______________________________________________________________________




2912. INCOME TAX--DEDUCTION FOR CERTAIN FOREIGN DEFERRED COMPENSATION 
PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8874                            02/07/00                     65 FR 5771

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robin Ehrenberg
Phone: 202 622-6080

RIN: 1545-AD81
_______________________________________________________________________




2913. INCOME TAX--PART 1--STOCK TRANSFER RULES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8862                            01/24/00                     65 FR 3589

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Mark Harris
Phone: 202 622-3860

RIN: 1545-AI32
_______________________________________________________________________




2914. 6046A--RETURNS AS TO ACQUISITIONS AND DISPOSITIONS OF FOREIGN 
PARTNERSHIP INTERESTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8851                            12/28/99                    64 FR 72555

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Eliana D. Dolgoff
Phone: 202 622-3860

RIN: 1545-AK75
_______________________________________________________________________




2915. ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE AND CERTAIN OTHER 
EXPENSES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8410                            04/15/92                    57 FR 13019

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: David F. Bergkuist
Phone: 202 622-3850

RIN: 1545-AM20
_______________________________________________________________________




2916. MARK-TO-MARKET METHOD OF ACCOUNTING UNDER SECTION 988

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8860                            01/13/00                     65 FR 2026

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Roger Brown
Phone: 202 622-3810

RIN: 1545-AP78
_______________________________________________________________________




2917. STATEMENT OF PROCEDURAL RULES -- PART 601.702 APPENDIX B - 
INTERNAL REVENUE SERVICE - 31 CFR PART 1

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 601; 31 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       02/23/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lori Creswell
Phone: 202 622-4580

RIN: 1545-AR99
_______________________________________________________________________




2918. ADJUSTMENTS FOLLOWING SALES OF PARTNERSHIP INTERESTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8847                            12/15/99                    64 FR 69903

Regulatory Flexibility Analysis Required: Yes

Government Levels Affected: None

Agency Contact: Matthew Lay
Phone: 202 622-3050

RIN: 1545-AS39
_______________________________________________________________________




2919. INTANGIBLE ASSET AMORTIZATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8865                            01/25/00                     65 FR 3820

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John Huffman
Phone: 202 622-3110

RIN: 1545-AS77
_______________________________________________________________________




2920. PASSTHROUGH OF ITEMS TO SHAREHOLDERS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8852                            12/22/99                    64 FR 71641

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Martin Schaffer
Phone: 202 622-3070

RIN: 1545-AT52
_______________________________________________________________________




2921. SUBSTANTIATION OF EXPENSES -- RECEIPT THRESHOLD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

[[Page 23375]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8864                            01/26/00                     65 FR 4121

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Edwin B. Cleverdon
Phone: 202 622-4920

RIN: 1545-AT97
_______________________________________________________________________




2922. INFLATION-INDEXED SECURITIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8838                            09/07/99                    64 FR 48545

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William E. Blanchard
Phone: 202 622-3950

RIN: 1545-AU45
_______________________________________________________________________




2923. DETERMINATION OF EARNED PREMIUMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8857                            01/06/00                      65 FR 701

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary Geisler
Phone: 202 622-3623

RIN: 1545-AU60
_______________________________________________________________________




2924. S CORPORATION SUBSIDIARIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8869                            01/25/00                     65 FR 3843

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeanne Sullivan
Phone: 202 622-3050

RIN: 1545-AU77
_______________________________________________________________________




2925. RETURN OF PARTNERSHIP INCOME--SECTION 6031

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8841                            11/12/99                    64 FR 61498

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Martin Schaffer
Phone: 202 622-3070

RIN: 1545-AU99
_______________________________________________________________________




2926. RECHARACTERIZING FINANCING ARRANGEMENTS INVOLVING FAST-PAY STOCK

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8853                            01/10/00                     65 FR 1310

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jonathan Zelnik
Phone: 202 622-3920
Fax: 202 622-4425

RIN: 1545-AV07
_______________________________________________________________________




2927. TAXPAYER IDENTIFICATION NUMBERS (TINS) FOR ADOPTED CHILDREN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8839                            09/22/99                    64 FR 51241

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Beverly A. Baughman
Phone: 202 622-4940

RIN: 1545-AV08
_______________________________________________________________________




2928. GUIDANCE UNDER SUBPART F RELATING TO PARTNERSHIPS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8827                            11/01/99                    64 FR 58782

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Valerie A. Mark
Phone: 202 622-3840

RIN: 1545-AV11
_______________________________________________________________________




2929. TREATMENT OF ELECTIVE ENTITY CLASSIFICATION CHANGES--7701

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 301; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8844                            11/29/99                    64 FR 66580

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Daniel Carmody
Phone: 202 622-3080

RIN: 1545-AV16
_______________________________________________________________________




2930. REMEDIAL AMENDMENT PERIOD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8871                            02/04/00                     65 FR 5432

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal, State, Local, Tribal

Agency Contact: Lisa A. Tavares

[[Page 23376]]

Phone: 202 622-6090

RIN: 1545-AV22
_______________________________________________________________________




2931. GENERAL RULES FOR MAKING AND MAINTAINING QUALIFIED ELECTING FUND 
ELECTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8870                            02/07/00                     65 FR 5777

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Margaret Fung
Phone: 202 622-3840

RIN: 1545-AV39
_______________________________________________________________________




2932. REGULATIONS UNDER SECTION 1441 REGARDING WITHHOLDING ON SALES OF 
DEBT OBLIGATIONS BETWEEN INTEREST PAYMENT DATES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed without regulations      02/09/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kate Hwa
Phone: 202 622-3840

RIN: 1545-AV41
_______________________________________________________________________




2933. COMPLIANCE MONITORING AND MISCELLANEOUS ISSUES RELATING TO THE LOW 
INCOME HOUSING CREDIT

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8859                            01/14/00                     65 FR 2323

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Local

Agency Contact: Paul F. Handleman
Phone: 202 622-3040
Fax: 202 622-4753

RIN: 1545-AV44
_______________________________________________________________________




2934. MARITAL DEDUCTION (ESTATE OF HUBERT)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8846                            12/03/99                    64 FR 67763

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Deborah S. Ryan
Phone: 202 622-3090

RIN: 1545-AV45
_______________________________________________________________________




2935. EQUITY OPTIONS WITHOUT STANDARD TERMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8866                            01/25/00                     65 FR 3812

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Pamela Lew
Phone: 202 622-3950
Fax: 202 622-5699

RIN: 1545-AV48
_______________________________________________________________________




2936. REVISION OF TAX REFUND OFFSET PROGRAM

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8837                            09/07/99                    64 FR 48547

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Beverly A. Baughman
Phone: 202 622-4940

RIN: 1545-AV50
_______________________________________________________________________




2937. PURCHASE PRICE ALLOCATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8858                            01/07/00                     65 FR 1236

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Richard Starke
Phone: 202 622-7790

RIN: 1545-AV58
_______________________________________________________________________




2938. PREPAID TELEPHONE CARDS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 49

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8855                            01/07/00                     65 FR 1056

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Bernard H. Weberman
Phone: 202 622-3130

RIN: 1545-AV63
_______________________________________________________________________




2939. NEW LINES OF BUSINESS PROHIBITED UNDER SECTION 936(J)(9)(B)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8868                            01/25/00                     65 FR 3814

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Daniel S. Karen
Phone: 202 874-1490

RIN: 1545-AV68

[[Page 23377]]

_______________________________________________________________________




2940. SUBSTANTIATION OF BUSINESS EXPENSES--USE OF MILEAGE RATES TO 
SUBSTANTIATE AUTOMOBILE EXPENSES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8864                            01/26/00                     65 FR 4121

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Edwin B. Cleverdon
Phone: 202 622-4920

RIN: 1545-AV87
_______________________________________________________________________




2941. TRAVEL AND TOUR ACTIVITY OF TAX-EXEMPT ORGANIZATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8874                            02/07/00                     65 FR 5771

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robin Ehrenberg
Phone: 202 622-6080

RIN: 1545-AW10
_______________________________________________________________________




2942. PARTNERSHIP RETURNS REQUIRED ON MAGNETIC MEDIA

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8843                            11/12/99                    64 FR 61502

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Bridget E. Finkenaur
Phone: 202 622-4940

RIN: 1545-AW14
_______________________________________________________________________




2943. ADEQUATE DISCLOSURE OF GIFTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 20; 26 CFR 25; 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8845                            12/03/99                    64 FR 67767

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William L. Blodgett
Phone: 202 622-3090

RIN: 1545-AW20
_______________________________________________________________________




2944. ACQUISITION OF AN S CORPORATION BY A MEMBER OF A CONSOLIDATED 
GROUP

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8842                            11/10/99                    64 FR 61205

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Vincent Daly
Phone: 202 622-7770

RIN: 1545-AW32
_______________________________________________________________________




2945. SEPARATE SHARE RULES/ESTATES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8849                            12/28/99                    64 FR 72540

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Laura Howell
Phone: 202 622-3060

RIN: 1545-AW57
_______________________________________________________________________




2946. DEFINITION OF THE TERM ``MARKETABLE STOCK'' UNDER SECTION 
1296(E)(1)(A)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8867                            01/25/00                     65 FR 3817

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert Laudeman
Phone: 202 622-3840

RIN: 1545-AW69
_______________________________________________________________________




2947. NEW TECHNOLOGIES IN RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8873                            02/08/00                     65 FR 6001

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Catherine Livingston Fernandez
Phone: 202 622-6030

RIN: 1545-AW78
_______________________________________________________________________




2948. DEFINITION OF PRIVATE ACTIVITY BONDS--REFUNDING REGULATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Merged With 1545-AX55           02/23/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Barbara Jean League
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AW89

[[Page 23378]]

_______________________________________________________________________




2949. PRIVATE FOUNDATION DISCLOSURE RULES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

NPRM Comment Period Ends        10/12/99
Final Action Completed by TD 
8861                            01/13/00                     65 FR 2030

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Michael Blumenfeld
Phone: 202 622-6070

RIN: 1545-AW96
_______________________________________________________________________




2950. SUSPENSION OF INTEREST AND PENALTIES WHERE SECRETARY FAILS TO 
CONTACT TAXPAYER

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed Without Publication      11/15/99

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Judith A. Lintz
Phone: 202 622-4940

RIN: 1545-AX17
_______________________________________________________________________




2951. USE OF PENALTY MAIL IN THE LOCATION AND RECOVERY OF MISSING 
CHILDREN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 601

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8848                            12/13/99                    64 FR 69398

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Sheldon Schwartz
Phone: 202 622-5200

RIN: 1545-AX29
_______________________________________________________________________




2952. RELATED PARTY INTEREST CAPITALIZATION.

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed Without Publication      03/01/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Grant D. Anderson
Phone: 202 622-4970
Fax: 202 622-6316

RIN: 1545-AX37
_______________________________________________________________________




2953. SECTION 1441 FINAL REGULATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8856                            12/30/99                    64 FR 73408

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Laurie M. Hatten-Boyd
Phone: 202 622-3840

RIN: 1545-AX44
_______________________________________________________________________




2954.  REOPENINGS (TEMPORARY RULE)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The temporary regulations revise the rules for reopening of 
Treasury securities. Under the rules, Treasury can reopen an issue of 
outstanding Treasury securities if certain conditions are satisfied. As 
a result, any discount that arises upon the reopening will be market 
discount rather than original issue discount.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Rule Completed by TD 
8840                            11/05/99                    64 FR 60342

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-115932-99
Drafting attorney: William E. Blanchard (202) 622-3950
Treasury attorney: Michael Novey (202) 622-1339
CC:DOM:FI&P

Agency Contact: William E. Blanchard, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3950

RIN: 1545-AX61
_______________________________________________________________________




2955.  STOCK TRANSFER RULES: SUPPLEMENTAL RULES (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 367

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This rule supplements the rules that describe the extent to 
which a foreign corporation shall be considered to be a corporation 
under section 367 in connection with an exchange described in sections 
332, 351, 354, 355, 356 or 361.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Rule Completed by TD 
8863                            01/24/00                     65 FR 3586

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116048-99
Drafting attorney: Mark D. Harris (202) 622-3860
Reviewing attorney: Irwin Halpern (202) 622-3860
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

Agency Contact: Mark Harris, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224

[[Page 23379]]

Phone: 202 622-3860

RIN: 1545-AX64
_______________________________________________________________________




2956.  DISCLOSURES OF RETURN INFORMATION TO OFFICERS AND 
EMPLOYEES OF THE DEPARTMENT OF AGRICULTURE FOR CERTAIN STATISTICAL AND 
RELATED ACTIVITIES (TEMPORARY REGULATION)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6102

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Disclosures of return information to officers and employees 
of the Department of Agriculture for certain statistical and related 
activities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Rule Completed by TD 
8854                            01/04/00                      65 FR 215

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-116704-99
Drafting attorney: Jennifer McGinty (202) 622-6288
Reviewing attorney: David Fish (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:EL:D

Agency Contact: Jennifer S. McGinty, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6288

RIN: 1545-AX70
BILLING CODE 4830-01-F
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                        Prerule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




2957.  RESPONSIBLE ALTERNATIVE MORTGAGE LENDING

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a

CFR Citation: 12 CFR 560

Legal Deadline: None

Abstract: OTS is reviewing its lending regulations, including the rules 
implementing the Alternative Mortgage Parity Act, to determine whether 
and how they may be improved to address predatory lending practices.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           04/05/00                    65 FR 17811
ANPRM Comment Period End        07/05/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

Agency Contact: William J. Magrini, Senior Project Manager, Supervision 
Policy, Department of the Treasury, Office of Thrift Supervision, 1700 
G Street NW, Washington, DC 20552
Phone: 202 906-5744

Ellen J. Sazzman, Counsel (Banking and Finance), Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7133

Theresa A. Stark, Project Manager, Compliance Policy, Department of the 
Treasury, Office of Thrift Supervision, 1700 G Street NW, Washington, 
DC 20552
Phone: 202 906-7054

RIN: 1550-AB37
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                  Proposed Rule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




2958. CAPITAL RULES

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

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: OTS currently has under way a number of regulatory amendments 
to its capital standards for savings associations. These amendments 
implement section 303 of the Riegle Community Development and 
Regulatory Improvement Act of 1994 (CDRIA). CDRIA requires the Federal 
banking agencies to make their capital rules and other rules more 
uniform. The agencies plan to jointly issue: (i) a proposed rule that 
would treat recourse obligations and direct credit substitutes 
consistently and that would vary the risk-based capital requirement for 
positions in securitized asset transactions according to relative risk 
exposure; (ii) an advance notice of proposed rulemaking developing a 
simplified capital adequacy framework for small, non-complex 
institutions; (iii) a final rule on risk-based capital standards for 
collateralized transactions; (iv) a proposed rule on risk-based capital 
standards for claims on securities firms; and (v) a proposed rule that 
would require savings associations to deduct the value of certain 
residual interests for regulatory capital purposes. OTS is also 
preparing miscellaneous amendments updating its capital rules.

Timetable:
________________________________________________________________________

Claims on Securities Firms  NPRM 11/00/00

Collateralized Transactions  NPRM 08/16/96 (61 FR 42565)  Final Rule 
11/00/00

[[Page 23380]]

Miscellaneous Capital Amendments  NPRM 11/00/00

Recourse Arrangements and Direct Credit Substitutes  ANPRM 05/25/94 (59 
FR 27116)  NPRM 05/25/94 (59 FR 27116)  NPRM 11/05/97 (62 FR 
59944)  NPRM Correction 11/20/97 (62 FR 62234)  NPRM Comment Period End 
02/03/98  NPRM 03/08/00 (65 FR 12320)  NPRM Comment Period End 06/07/00

Residuals in Securitizations  NPRM 05/00/00

Simplified Capital Adequacy Framework for Small, Non-Complex 
Institutions  ANPRM 09/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: Additional Agency Contacts: Cathern Smith, 
Senior Project Manager, Supervision Policy, (202)906-6614, for 
Collateralized Transactions; Michael D. Solomon, listed below, for 
Recourse Arrangements, Simplified Capital Adequacy Framework, 
Miscellaneous Capital Amendments, Residuals in Securitizations, and 
Claims on Securities Firms; Christine Harrington, Counsel (Banking and 
Finance), Regulations & Legislation Division, (202) 906-7957, for 
Simplified Capital Adequacy Framework and Miscellaneous Capital 
Amendments; and Teresa Scott, Counsel (Banking and Finance), 
Regulations & Legislation Division, (202) 906-6478, for Recourse 
Arrangements, Claims on Securities Firms, Collateralized Transactions, 
and Residuals in Securitizations.

Agency Contact: Michael D. Solomon, Senior Program Manager for Capital 
Policy, Supervision Policy, Department of the Treasury, Office of 
Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-5654

RIN: 1550-AB11
_______________________________________________________________________




2959. APPLICATION PROCESSING

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 5 USC 552; 5 USC 559; 12 USC 1462a; 12 USC 1463; 12 
USC 1464

CFR Citation: 12 CFR 516

Legal Deadline: None

Abstract: OTS plans to issue a notice of proposed rulemaking revising 
its procedures for submitting certain applications, notices, and other 
filings to OTS. OTS will draft the new rule in the ``plain language'' 
format to make the rule more understandable and workable for the public 
and OTS.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John P. Harootunian, Senior Counsel, Business 
Transactions Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-6415

Koko Ives, Counsel (Banking and Finance), Regulations & Legislation 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street, NW, Washington, DC 20552
Phone: 202 906-6661

Robyn Dennis, Manager, Supervision Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-5751

Lane Langford, Regulatory Analyst, Office of Examinations and 
Supervision, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street, NW, Washington, DC 20552
Phone: 202 906-7027

RIN: 1550-AB14
_______________________________________________________________________




2960. TYPES OF OFFICES

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464; 12 USC 1828

CFR Citation: 12 CFR 545

Legal Deadline: None

Abstract: OTS plans to issue a notice of proposed rulemaking to amend 
its definitions of home, branch and agency office, and related notice 
or application requirements. These provisions are under review to 
ensure that they meet the modern challenges of how institutions conduct 
their businesses.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

Agency Contact: Richard Bennett, Counsel (Banking and Finance), 
Regulations and Legislation Division, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7409

Donna Deale, Manager, Supervision Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7488

RIN: 1550-AB18
_______________________________________________________________________




2961. DIRECTORS AND OFFICERS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

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 1820; 12 USC 1828; 12 
USC 3806; 42 USC 4106

CFR Citation: 12 CFR 545; 12 CFR 563

Legal Deadline: None

Abstract: OTS plans to issue a notice of proposed rulemaking to 
reorganize, revise and streamline its regulations on directors and 
officers. The rule will address indemnification, board composition 
requirements, compensation, employment contracts, extensions of credit 
to outsiders, conflicts of interest, and corporate opportunity.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

[[Page 23381]]

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

Additional Information: Additional Agency Contact: David Permut, 
Counsel (Banking and Finance), Business Transactions Division, (202) 
906-7505.

Agency Contact: Ellen J. Sazzman, Counsel (Banking and Finance), 
Regulations and Legislation Division, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7133

Robyn Dennis, Manager, Supervision Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-5751

RIN: 1550-AB19
_______________________________________________________________________




2962. NON-DEPOSIT INVESTMENT PRODUCTS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

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 1820; 12 USC 1828; 12 
USC 3806; 42 USC 4106

CFR Citation: 12 CFR 545; 12 CFR 563

Legal Deadline: None

Abstract: OTS plans to issue a notice of proposed rulemaking updating 
its regulations on the sale of non-deposit investment products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robyn Dennis, Manager, Supervision Policy, Department 
of the Treasury, Office of Thrift Supervision, 1700 G Street NW, 
Washington, DC 20552
Phone: 202 906-5751

Susan P. Miles, Senior Attorney, Regulations and Legislation Division, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW, Washington, DC 20552
Phone: 202 906-6798

RIN: 1550-AB22
_______________________________________________________________________




2963. CONVERSIONS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 2901; 15 USC 78c; 15 USC 78l; 15 USC 78m; 15 USC 
78n; 15 USC 78w

CFR Citation: 12 CFR 563b

Legal Deadline: None

Abstract: OTS plans to issue a notice of proposed rulemaking to update 
and rewrite its mutual to stock conversion regulations in the ``plain 
language'' format and to place greater emphasis on the business plan.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary Jo Johnson, Project Manager, Supervision Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW, Washington, DC 20552
Phone: 202 906-5739

David A. Permut, Counsel (Banking and Finance), Business Transactions 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street NW, Washington, DC 20552
Phone: 202 906-7505

RIN: 1550-AB24
_______________________________________________________________________




2964. DUE ON SALE AND USURY PREEMPTION

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 12 USC 1464; 12 USC 1701j-3; 12 USC 1735f-7a

CFR Citation: 12 CFR 590; 12 CFR 591

Legal Deadline: None

Abstract: OTS plans to issue a notice of proposed rulemaking to convert 
12 CFR parts 590 and 591 into a ``plain language'' format.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

Agency Contact: William J. Magrini, Senior Project Manager, Supervision 
Policy, Department of the Treasury, Office of Thrift Supervision, 1700 
G Street NW, Washington, DC 20552
Phone: 202 906-5744

Evelyne Bonhomme, Counsel (Banking and Finance), Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7052

RIN: 1550-AB25
_______________________________________________________________________




2965. HOLDING COMPANY ACTIVITIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1468

CFR Citation: 12 CFR 584

Legal Deadline: None

Abstract: OTS plans to issue a notice of proposed rulemaking that would 
require certain holding companies to notify OTS before engaging in 
significant new activities and certain debt issuances.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

[[Page 23382]]

Agency Contact: Valerie J. Lithotomos, Counsel (Banking and Finance), 
Regulations and Legislation Division, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-6439

Donna Deale, Manager, Supervision Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7488

Richard L. Little, Senior Counsel (Banking and Finance), Business 
Transactions Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-6447

RIN: 1550-AB29
_______________________________________________________________________




2966. ORGANIZATIONAL REGULATIONS

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464; 44 USC 3501 et 
seq.

CFR Citation: 12 CFR 500; 12 CFR 506; 12 CFR 510

Legal Deadline: None

Abstract: OTS plans to rewrite its regulations on OTS organization and 
other procedural matters in the ``plain language'' format.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Teresa Scott, Counsel (Banking and Finance), 
Regulations and Legislation Division, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552
Phone: 202 906-6478

RIN: 1550-AB30
_______________________________________________________________________




2967.  COMMUNITY REINVESTMENT ACT DISCLOSURE

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464; 12 USC 1467a; 
12 USC 1814; ...

CFR Citation: 12 CFR Part 573

Legal Deadline: None

Abstract: OTS and the other federal banking agencies are developing 
regulations to implement section 711 of the Gramm-Leach-Bliley Act, 
which requires disclosure and reporting of Community Reinvestment Act 
agreements and contains enforcement provisions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Richard Riese, Director, Compliance Policy, Department 
of the Treasury, Office of Thrift Supervision, 1700 G Street NW, 
Washington, DC 20552
Phone: 202 906-6134

Richard Bennett, Counsel (Banking and Finance), Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7409

RIN: 1550-AB32
_______________________________________________________________________




2968.  FAIR CREDIT REPORTING

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: Final, Statutory, May 12, 2000.

Abstract: OTS and the other federal banking agencies are developing 
regulations implementing provisions of the Fair Credit Reporting Act. 
These include the provision that, subject to certain conditions, 
permits institutions to share ``other information'' with affiliates 
without becoming consumer reporting agencies (affiliate sharing). The 
proposed regulations would specify the conditions that an institution 
must satisfy to engage in affiliate sharing.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Christine Harrington, Counsel (Banking and Finance), 
Regulations & Legislation Division, Department of the Treasury, Office 
of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7957

Richard Riese, Director, Compliance Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-6134

RIN: 1550-AB33
_______________________________________________________________________




2969.  INSURANCE CUSTOMER PROTECTIONS

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: Final, Statutory, November 12, 2000.

Abstract: Pursuant to section 305 of the Gramm-Leach-Bliley Act, OTS 
and the other federal banking agencies are developing regulations to 
provide customer protections relating to sales practices, disclosures, 
and advertising for customers that obtain insurance products from 
insured depository institutions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

Agency Contact: Susan P. Miles, Senior Attorney, Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-6798

Robyn Dennis, Manager, Supervision Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW, Washington, DC 20552

[[Page 23383]]

Phone: 202 906-5751

RIN: 1550-AB34
_______________________________________________________________________




2970.  AMENDMENT TO PREAPPROVED BYLAWS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a

CFR Citation: 12 CFR Part 552

Legal Deadline: None

Abstract: The notice of proposed rulemaking will amend OTS's bylaw 
regulations for stock associations to add director qualification 
requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Aaron Kahn, Principal Litigation Counsel, Department of 
the Treasury, Office of Thrift Supervision, 1700 G Street NW., 
Washington, DC 20552
Phone: 202 906-6263

RIN: 1550-AB39
_______________________________________________________________________




2971.  COMMUNITY DEVELOPMENT INVESTMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; ...

CFR Citation: 12 CFR 559; 12 CFR 560

Legal Deadline: None

Abstract: OTS is issuing a notice of proposed rulemaking to clarify and 
enhance the community development investment opportunities for thrifts 
and their service corporations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Deborah S. Merkle, Project Manager, Supervision Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW, Washington, DC 20552
Phone: 202 906-5688

Koko Ives, Counsel (Banking and Finance), Regulations & Legislation 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street, NW, Washington, DC 20552
Phone: 202 906-6661

Sonja White, National Community Affairs Coordinator, Department of the 
Treasury, Office of Thrift Supervision, 1700 G Street, NW, Washington, 
DC 20552
Phone: 202 906-7857

RIN: 1550-AB40
_______________________________________________________________________




2972.  SUBORDINATE ORGANIZATIONS UPDATES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1828

CFR Citation: 12 CFR 559

Legal Deadline: None

Abstract: OTS is reviewing its regulations to clarify and address 
issues arising from new ownership structures and activities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  This action may have federalism implications as defined in 
EO 13132.

Agency Contact: Donna Deale, Manager, Supervision Policy, Department of 
the Treasury, Office of Thrift Supervision, 1700 G Street NW, 
Washington, DC 20552
Phone: 202 906-7488

Valerie J. Lithotomos, Counsel (Banking and Finance), Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-6439

RIN: 1550-AB41
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                     Final Rule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




2973.  PRIVACY: NONPUBLIC PERSONAL INFORMATION

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: Final, Statutory, May 12, 2000.

Abstract: OTS, the other banking agencies, the SEC, and FTC have issued 
a notice of proposed rulemaking governing a financial institution's 
ability to disclose nonpublic personal information about consumers to 
nonaffiliated third parties. This proposal would implement title V, 
subtitle A, of the Gramm-Leach-Bliley Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/22/00                     65 FR 8770
Final Rule                      05/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cindy Baltierra, Program Analyst, Compliance Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G 
Street, NW., Washington, DC 20552
Phone: 202 906-6540

Christine Harrington, Counsel (Banking and Finance), Regulations & 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW, Washington, DC 20552
Phone: 202 906-7957

RIN: 1550-AB36
_______________________________________________________________________




2974.  TRANSFER AND REPURCHASE OF GOVERNMENT SECURITIES

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in

[[Page 23384]]

the CFR to reduce burden or duplication, or streamline requirements.

Legal Authority: 12 USC 375b; 12 USC 1462; 12 USC 1462a; 12 USC 1463; 
12 USC 1464; ...

CFR Citation: 12 CFR 563

Legal Deadline: None

Abstract: OTS issued a direct final rule and accompanying notice of 
proposed rulemaking to remove its regulation governing transfer and 
repurchase of government securities. This rule is being issued as a 
direct final rule, as it is noncontroversial and no adverse comments 
are anticipated. The rule will go into effect 60 days following 
publication if no significant adverse comments are received within 30 
days of publication. If significant adverse comments are received, OTS 
will publish a timely withdrawal of the direct final rule and will 
address all comments in a final rule based on the accompanying notice 
of proposed rulemaking.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/28/00                    65 FR 16302
NPRM Comment Period End         04/27/00
Direct Final Rule               03/28/00                    65 FR 16350
Direct Final Rule Comment Period 
End                             04/27/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robyn Dennis, Manager, Supervision Policy, Department 
of the Treasury, Office of Thrift Supervision, 1700 G Street NW, 
Washington, DC 20552
Phone: 202 906-5751

Teresa Scott, Counsel (Banking and Finance), Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552
Phone: 202 906-6478

RIN: 1550-AB38
_______________________________________________________________________


DEPARTMENT OF THE TREASURY (TREAS)                    Completed Actions


Office of Thrift Supervision (OTS)



_______________________________________________________________________




2975. EXEMPT SAVINGS AND LOAN HOLDING COMPANIES

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 584

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       01/03/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Richard L. Little
Phone: 202 906-6447
Donna Deale
Phone: 202 906-7488

RIN: 1550-AB26
_______________________________________________________________________




2976. YEAR 2000 SAFETY AND SOUNDNESS GUIDELINES

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 570

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      11/29/99                    64 FR 66708
Final Rule Effective            11/29/99

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Dickerson
Phone: 202 906-6531
Timothy Leary
Phone: 202 906-7170

RIN: 1550-AB27
_______________________________________________________________________




2977. LOANS IN AREAS HAVING SPECIAL FLOOD HAZARDS

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 572

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      12/10/99                    64 FR 69183
Final Action Effective          12/10/99

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Catherine A. Shepard
Phone: 202 906-7275
Ronald Dice
Phone: 202 906-5633

RIN: 1550-AB31
[FR Doc. 00-7491 Filed 04-21-00; 8:45 am]
BILLING CODE 6720-01-F
