[The Regulatory Plan and 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]



[[Page 74323]]

Part XV





Department of the Treasury





_______________________________________________________________________



Semiannual Regulatory Agenda

[[Page 74324]]



DEPARTMENT OF THE TREASURY (TREAS)                                     


  



_______________________________________________________________________

DEPARTMENT OF THE TREASURY

31 CFR Subtitle A, Chs. I and II

Semiannual Agenda and Fiscal Year 2001 Regulatory Plan

AGENCY:  Department of the Treasury.

ACTION:  Semiannual regulatory agenda and fiscal year 2001 regulatory 
plan.

_______________________________________________________________________

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. E.O. 12866 also requires the 
publication by the Department of a regulatory plan for fiscal year 
2001.

FOR FURTHER INFORMATION CONTACT:  For additional information about a 
specific entry in the agenda or plan, contact the ``Agency Contact'' 
identified in the agenda 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). For this edition of the 
Department of the Treasury's regulatory agenda, several regulatory 
actions are included in The Regulatory Plan, which appears in part II 
of this issue of the Federal Register. The Regulatory Plan entries are 
listed in the table of contents below and are denoted by a bracketed 
bold reference, which directs the reader to the appropriate sequence 
number in part II.

Dated:  September 13, 2000.

 Richard S. Carro,

Associate General Counsel.

                                    Departmental Offices--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2850         31 CFR ch II Possible Regulation of Access to Accounts at Financial Institutions        1505-AA74
            Through Payment Service Providers...................................................
2851         17 CFR 450 Amendments to the Government Securities Act Regulations.................     1505-AA82
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2852         12 CFR 1501 Comparable Requirement for National Banks Among the Second Fifty            1505-AA77
            Largest Insured National Banks......................................................
2853         12 CFR 1500 Merchant Banking.......................................................     1505-AA78
2854         Financial Activities of Financial Subsidiaries.....................................     1505-AA80
2855         Financial Subsidiaries.............................................................     1505-AA81
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2856         12 CFR 1510 Resolution Funding Corporation Operations..............................     1505-AA79
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2857         31 CFR 1 Disclosure of Records: Freedom of Information Act.........................     1505-AA76
2858         Nondiscrimination on the Basis of Sex in Education Programs or Activities Receiving     1505-AA83
            Federal Financial Assistance; Final Common Rule.....................................
----------------------------------------------------------------------------------------------------------------


                            Financial Crimes Enforcement Network--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2859         31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity          1506-AA21
            Reporting--Broker/Dealers...........................................................
----------------------------------------------------------------------------------------------------------------



[[Page 74325]]

                             Financial Crimes Enforcement Network--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2860         31 CFR 103 Amendment to the Bank Secrecy Act Regulations Regarding Reporting of         1506-AA15
            Cross-Border Transportation of Certain Monetary Instruments.........................
2861         31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity          1506-AA22
            Reporting--Casinos..................................................................
2862         31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Exemptions from the           1506-AA23
            Requirement to Report Transactions in Currency......................................
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2863         31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Requirement That              1506-AA05
            Financial Institutions Carry Out Anti-Money-Laundering Programs.....................
2864         31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Delegation of Authority       1506-AA08
            to Assess Civil Money Penalties on Depository Institutions..........................
2865         31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Special Reporting and        1506-AA19
            Recordkeeping Requirements--Money Services Businesses (MSBs)........................
----------------------------------------------------------------------------------------------------------------


                                Financial Management Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2866         31 CFR 245 Claims on Account of Treasury Checks....................................     1510-AA51
2867         31 CFR 285.14 Public Dissemination of Identity of Delinquent Debtors...............     1510-AA72
2868         31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program..........     1510-AA83
2869         31 CFR 210 Federal Government Participation in the Automated Clearinghouse.........     1510-AA84
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2870         31 CFR 205 Rules and Procedures for Efficient Federal-State Funds Transfers........     1510-AA38
2871         31 CFR 240 Indorsement and Payment of Checks Drawn on the United States Treasury...     1510-AA45
2872         31 CFR 281 Foreign Exchange Operations.............................................     1510-AA48
2873         31 CFR 256 Payments Under Judgment and Private Relief Acts.........................     1510-AA52
2874         31 CFR 900 to 904 Federal Claims Collection Standards..............................     1510-AA57
2875         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......................
2876         31 CFR 285.7 Salary Offset.........................................................     1510-AA70
2877         31 CFR 285.8 Offset of Tax Refund Payment To Collect State Income Tax Obligations..     1510-AA78
2878         31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program..........     1510-AA79
2879         31 CFR 210 Federal Government Participation in the Automated Clearinghouse.........     1510-AA81
2880         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
----------------------------------------------------------------------------------------------------------------
2881         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).......
----------------------------------------------------------------------------------------------------------------



[[Page 74326]]

                                 Financial Management Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2882         31 CFR 202 Depositaries and Financial Agents of the Federal Government.............     1510-AA75
2883         31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program..........     1510-AA76
2884         31 CFR 225 Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds       1510-AA77
            with Sureties.......................................................................
2885         31 CFR 247 Regulations Governing FedSelect Check...................................     1510-AA80
----------------------------------------------------------------------------------------------------------------


                             Bureau of Alcohol, Tobacco and Firearms--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2886         27 CFR 16 Alcohol Beverage Health Warning Statement................................     1512-AC12
----------------------------------------------------------------------------------------------------------------


                          Bureau of Alcohol, Tobacco and Firearms--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2887         27 CFR 7 Revision of Brewery Regulations and Issuance of Regulations for Taverns on     1512-AB37
            Brewery Premises (Brewpubs) (Reg Plan Seq. No. 106).................................
2888         27 CFR 24 Implementation of Public Law 105-34, Sections 1421 and 1422..............     1512-AB75
2889         27 CFR 4 Alteration of Labels on Containers of Distilled Spirits, Wine and Beer....     1512-AB76
2890         27 CFR 4 Prohibition of Alcohol Beverage Containers and Standard of Fill for            1512-AB89
            Distilled Spirits and Wine..........................................................
2891         27 CFR 4 Amended Standard of Identity for Sherry...................................     1512-AB96
2892         27 CFR 24 Processes Authorized for the Treatment of Wine, Juice and Distilling          1512-AC05
            Material............................................................................
2893         27 CFR 55 Commerce in Explosives (Including Explosives in the Fireworks Industry)       1512-AB48
            (Reg Plan Seq. No. 107).............................................................
2894         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................................................
2895         27 CFR 178 Implementation of Public Law 105-277, Making Omnibus Consolidated and        1512-AB83
            Emerg. Supplemental Appropriations for FY 1999, Relating to the Permanent Provisions
            of the Brady Handgun Violence Prevention Act........................................
2896         27 CFR 178 Public Law 105-277, Making Omnibus Consolidated and Emergency                1512-AB93
            Supplemental Appropriations for FY99, Relating to Firearms Disabilities for
            Nonimmigrant Aliens.................................................................
2897         27 CFR 70 Delegation of Authority in Part 70.......................................     1512-AC19
2898         27 CFR 13 Delegation of Authority in 27 CFR Part 13................................     1512-AC21
2899         27 CFR 275 Prohibited Marks on Packages of Tobacco Products and Cigarette Papers        1512-AC14
            and Tubes Imported or Brought into the United States................................
2900         27 CFR 270 Determination of Tax and Recordkeeping on Large Cigars..................     1512-AC22
2901         27 CFR 275 Tobacco Products and Cigarette Papers and Tubes Shipped from Puerto Rico     1512-AC24
            to the United States................................................................
----------------------------------------------------------------------------------------------------------------
References in boldface appear in the Regulatory Plan in Part II of this issue of the Federal Register.


                            Bureau of Alcohol, Tobacco and Firearms--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2902         27 CFR 9 American Viticultural Areas...............................................     1512-AA07
2903         27 CFR 5 Labeling of Unaged Grape Brandy...........................................     1512-AB46
2904         27 CFR 19.11 Distilled Spirits Plant Regulatory Initiative Proposal................     1512-AB58
2905         27 CFR 24.278 Implementation of Wine Credit Provisions of Public Law 104-188.......     1512-AB65
2906         27 CFR 24.178 Implementation of Public Law 105-34, Section 1417, Related to the Use     1512-AB78
            of Ameliorating Material in Certain Wines...........................................
2907         27 CFR 4 Health Claims and Other Health Related Statements in the Labeling and          1512-AB97
            Advertising of Alcohol Beverages....................................................
2908         27 CFR 4.91 New Grape Varietal (Dornfelder)........................................     1512-AC03
2909         27 CFR 178 Commerce in Firearms and Ammunition (Omnibus Consolidated Appropriations     1512-AB64
            Act of 1997)........................................................................
2910         27 CFR 178 Residency Requirement for Persons Acquiring Firearms....................     1512-AB66
2911         27 CFR 178 Identification Markings Placed on Firearms..............................     1512-AB84

[[Page 74327]]

 
2912         27 CFR 178 Commerce in Firearms and Ammunition--Annual Inventory...................     1512-AC08
2913         5 CFR 1320.7(f)(2) Implementation of the Paperwork Reduction Act...................     1512-AB90
2914         27 CFR 18 Delegation of Authority in 27 CFR Part 18................................     1512-AB99
2915         27 CFR 47 Delegation of Authority in 27 CFR Part 47................................     1512-AC04
2916         27 CFR 19 Delegation of Authority in 27 CFR Part 19................................     1512-AC06
2917         27 CFR 20 Delegation of Authority in Parts 20, 21 and 22...........................     1512-AC13
2918         27 CFR 4 Technical Amendments to 27 CFR Parts 4, 9, 24, 70 and 275.................     1512-AC15
2919         27 CFR 30 Delegation of Authority in 27 CFR Part 30................................     1512-AC16
2920         27 CFR 53 Delegation of Authority in 27 CFR Part 53................................     1512-AC18
2921         27 CFR 25 Delegation of Authority in Part 25.......................................     1512-AC20
2922         27 CFR 170 Delegation of Authority in 27 CFR Part 170..............................     1512-AC23
2923         27 CFR 200 Balanced Budget Act of 1997, Public Law 105-33, Restriction on the           1512-AB81
            Importation of Domestic Tobacco Products and Cigarette Papers and Tubes Returned to
            the United States...................................................................
2924         27 CFR 275 Implementation of Public Law 105-33, Section 9302, Requiring the             1512-AC07
            Qualification of Tobacco Product Importers and Miscellaneous Technical Amendments...
----------------------------------------------------------------------------------------------------------------


                           Bureau of Alcohol, Tobacco and Firearms--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2925         27 CFR 252 Exportation of Liquors..................................................     1512-AA98
2926         27 CFR 7 Alcoholic Content Labeling for Malt Beverages.............................     1512-AB17
2927         27 CFR 22.21 Distribution and Use of Tax-Free Alcohol..............................     1512-AB51
2928         27 CFR 20 Distribution of Denatured Alcohol and Rum................................     1512-AB57
2929         27 CFR 18.56 Production of Volatile Fruit Flavored Concentrate.....................     1512-AB59
2930         27 CFR 21.3 Formulas for Denatured Alcohol and Rum.................................     1512-AB60
2931         27 CFR 24.66 Implementation of Public Law 105-34, Section 1416 Relating to Refund       1512-AB74
            of Tax for Domestic Wine Returned to Bond Regardless of Merchantability (Taxpayer
            Relief Act of 1997).................................................................
2932         Sake Regulations...................................................................     1512-AC09
2933         Flavored Malt Beverages............................................................     1512-AC11
2934         27 CFR 4.32(d) Removal of Requirement to Disclose Saccharin in the Labeling of          1512-AC17
            Wine, Distilled Spirits and Malt Beverages..........................................
2935         27 CFR 70 Recodification of Statement of Procedural Rules..........................     1512-AB54
2936         27 CFR 7 Plain Language in Part 7..................................................     1512-AC10
2937         27 CFR 290 Exportation of Tobacco Products and Cigarette Papers and Tubes, Without      1512-AB03
            Payment of Tax, or With Drawback of Tax.............................................
----------------------------------------------------------------------------------------------------------------


                           Bureau of Alcohol, Tobacco and Firearms--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2938         27 CFR 5.36 (e) Country of Origin Statements on Distilled Spirits Labels...........     1512-AB72
2939         27 CFR 4.21 Labeling of Flavored Wine Products.....................................     1512-AB86
2940         27 CFR 47 Importation of Arms, Ammunition and Implements of War....................     1512-AC02
2941         27 CFR 6 Delegation of Authority in 27 CFR Parts 6, 8, 10 and 11...................     1512-AC01
2942         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..........................
----------------------------------------------------------------------------------------------------------------



[[Page 74328]]

                                  Bureau of the Public Debt--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2943         31 CFR 380 (New) Regulations Governing Collateral Acceptability and Valuation......     1535-AA00
----------------------------------------------------------------------------------------------------------------


                                   Comptroller of the Currency--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2944         12 CFR 9 Fiduciary Activities of National Banks....................................     1557-AB79
----------------------------------------------------------------------------------------------------------------


                                Comptroller of the Currency--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2945         12 CFR 3 Capital Rules.............................................................     1557-AB14
2946         12 CFR 19 Uniform Rules of Practice and Procedure; Regulation Review...............     1557-AB43
2947         Debt Cancellation Contracts........................................................     1557-AB75
2948         Electronic Banking.................................................................     1557-AB76
2949         Fair Credit Reporting Act..........................................................     1557-AB78
2950         12 CFR 14 Consumer Protections for Depository Institution Sales of Insurance.......     1557-AB81
2951         Lending Limits.....................................................................     1557-AB82
2952         12 CFR 1 Investment Securities; Bank Activities and Operations; Leasing............     1557-AB89
2953         12 CFR 8 Assessment of Fees; National Banks; District of Columbia Banks............     1557-AB90
----------------------------------------------------------------------------------------------------------------


                                  Comptroller of the Currency--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2954         12 CFR 8 Assessment of Fees; National Banks; District of Columbia Banks............     1557-AB72
2955         31 CFR 1 Notice of Exempt Privacy Act Systems of Records...........................     1557-AB83
2956         12 CFR 30, app D Interagency Guidelines Establishing Standards for Safeguarding         1557-AB84
            Customer Information................................................................
2957         Disclosure and Reporting of CRA Related Agreements.................................     1557-AB85
2958         12 CFR 19 Rules of Practice and Procedure..........................................     1557-AB88
----------------------------------------------------------------------------------------------------------------


                                 Comptroller of the Currency--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2959         12 CFR 12 Qualification Requirements for Transactions in Certain Securities........     1557-AB54
2960         Rules and Procedures for Claims Against OCC-Appointed Receiverships for Uninsured       1557-AB59
            Financial Institutions..............................................................
2961         12 CFR 34 Real Estate Appraisals...................................................     1557-AB70
2962         12 CFR 21 Minimum Security Devices and Procedures..................................     1557-AB71
----------------------------------------------------------------------------------------------------------------


                                 Comptroller of the Currency--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2963         12 CFR 40 Privacy..................................................................     1557-AB77
2964         Other Equity Investments...........................................................     1557-AB86
----------------------------------------------------------------------------------------------------------------



[[Page 74329]]

                               United States Customs Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2965         19 CFR 159 Liquidation; Extension; Suspension......................................     1515-AB66
2966         19 CFR 12 Detention, Seizure, and Forfeiture of ``Bootleg'' Sound Recording and         1515-AB74
            Music Videos of Live Musical Performances...........................................
2967         19 CFR 111 Remote Location Filing..................................................     1515-AC23
2968         19 CFR 177 Administrative Rulings..................................................     1515-AC56
2969         User and Navigation Fees; Other Reimbursable Charges...............................     1515-AC63
2970         Simplification of In-Transit Truck Shipments Between Canada and the United States..     1515-AC65
2971         19 CFR 142 National Sanctions Due to the Delinquent Payment of Customs Bills.......     1515-AC68
2972         19 CFR 145 Customs Examination of In-Transit Mail Shipments........................     1515-AC71
2973         19 CFR 122 Private Aircraft Programs: Establishment of the General Aviation             1515-AC73
            Telephonic Entry (GATE) Program and Revisions to the Overflight Program.............
----------------------------------------------------------------------------------------------------------------


                                 United States Customs Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2974         19 CFR 181 North American Free Trade Agreement (NAFTA)--Implementation of Duty-         1515-AB87
            Deferral Program Provisions.........................................................
2975         19 CFR 12 Entry of Softwood Lumber Shipments From Canada...........................     1515-AB97
2976         19 CFR 141 Customs Entry Documentation Pursuant to Anticounterfeiting Consumer          1515-AC15
            Protection Act......................................................................
2977         19 CFR 4 Foreign Repairs to American Vessels.......................................     1515-AC30
2978         19 CFR 134 Country of Origin Marking...............................................     1515-AC32
2979         19 CFR 24 Expanded Methods of Payment of Duties, Taxes, Interest and Fees..........     1515-AC40
2980         19 CFR 12 Amended Bond Procedures for Articles Subject to Exclusion Orders Issued       1515-AC43
            by the U.S. International Trade Commission..........................................
2981         19 CFR 113 Importation and Entry Bond Conditions Regarding Other Agency                 1515-AC44
            Documentation Requirements..........................................................
2982         19 CFR 12 Assessment of Liquidated Damages Regarding Imported Merchandise That Is       1515-AC45
            Not Admissible Under the Food, Drug and Cosmetic Act................................
2983         19 CFR 132 Export Certificates for Lamb Meat Subject to Tariff-Rate Quota..........     1515-AC54
2984         19 CFR 4 General Order Warehouses..................................................     1515-AC57
2985         19 CFR 4 Deferral of Duty on Large Yachts Imported for Sale........................     1515-AC58
2986         19 CFR 10 Civil Aircraft...........................................................     1515-AC59
2987         Entry of Softwood Lumber Shipments from Canada.....................................     1515-AC62
2988         19 CFR 191 Merchandise Processing Fee Eligible to be Claimed as Unused Merchandise      1515-AC67
            Drawback............................................................................
2989         19 CFR 162 Civil Asset Forfeiture..................................................     1515-AC69
2990         19 CFR 10 African Growth and Opportunity Act and Generalized System of Preferences.     1515-AC72
2991         19 CFR 146 Expanded Weekly Entry Procedure for Foreign Trade Zones.................     1515-AC74
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2992         19 CFR 4 Harbor Maintenance Fee....................................................     1515-AA57
2993         19 CFR 24 Donated Cargo Exemption From Harbor Maintenance Fee......................     1515-AA87
2994         19 CFR 113 Automated Surety Interface..............................................     1515-AB25
2995         19 CFR 24 Fees Assessed for Defaulted Payments.....................................     1515-AB38
2996         19 CFR 12 Textiles and Textile Products Subject to Textile Trade Agreements........     1515-AB54
2997         19 CFR 134 Country-of-Origin Marking Requirements for Frozen Produce Packages......     1515-AB61
2998         19 CFR 142 Reconciliation..........................................................     1515-AB85
2999         19 CFR 148 Treatment of Merchandise Imported by Foreign Governments or Designated       1515-AB92
            International Organizations.........................................................
3000         19 CFR 12 Determination of the Country of Origin of Textiles and Textile Products..     1515-AC00
3001         19 CFR 123 Designated Land Border Crossing Locations for Certain Conveyances.......     1515-AC12
3002         19 CFR 103 Public Disclosure of Aircraft Manifests.................................     1515-AC13
3003         19 CFR 102 NAFTA Preference Override...............................................     1515-AC25

[[Page 74330]]

 
3004         19 CFR 143 Informal Entry of Low-Value Duty-Free Merchandise.......................     1515-AC38
3005         19 CFR 19 Personal Use Limitation for Purchases at Duty-Free Stores................     1515-AC50
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3006         19 CFR 134 Country-of-Origin Marking for Watches...................................     1515-AB68
3007         19 CFR 24 Interest on Underpayments and Overpayments of Customs Duties, Fees and        1515-AB76
            Interest............................................................................
3008         19 CFR 103 Electronic Requests for Confidential Treatment of Export Manifest Data..     1515-AB89
3009         19 CFR 171 Petitions for Relief; Seizures, Penalties, and Liquidated Damages.......     1515-AC01
3010         19 CFR 171 Guidelines for the Imposition and Mitigation of Penalties for Violation      1515-AC08
            of 19 USC 1592......................................................................
3011         19 CFR 4 Vessel Equipment Temporarily Landed for Repair............................     1515-AC35
3012         19 CFR 12 Forced or Indentured Child Labor.........................................     1515-AC36
3013         19 CFR 24 Endorsement of Checks Deposited by U.S. Customs Service..................     1515-AC48
3014         19 CFR 19 Location of Duty-Free Stores.............................................     1515-AC53
3015         19 CFR 132 Export Certificates for Sugar-Containing Products Subject to Tariff-Rate     1515-AC55
            Quota...............................................................................
3016         19 CFR 162 Summary Forfeiture of Controlled Substances.............................     1515-AC60
3017         Extension of Import Restrictions Imposed on Certain Categories of Archeological         1515-AC61
            Material from the Prehispanic Cultures of the Republic of El Salvador...............
----------------------------------------------------------------------------------------------------------------


                                     Internal Revenue Service--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3018         Interest Free Adjustments Under Section 6205.......................................     1545-AY21
----------------------------------------------------------------------------------------------------------------


                                  Internal Revenue Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3019         Foreign Insurance Companies........................................................     1545-AL82
3020         Section 361 Outbound Transfers of Property to Foreign Corporations.................     1545-AM97
3021         Foreign Insurance Company--Domestic Election.......................................     1545-AO25
3022         Information Reporting and Record Maintenance Under Section 6038C...................     1545-AP10
3023         Integrated Financial Transaction...................................................     1545-AR20
3024         Section 6048 Regulations...........................................................     1545-AR25
3025         Reporting Requirements for Widely Held Fixed Investment Trusts.....................     1545-AU15
3026         Civil Cause of Action for Certain Unlawful Collection Actions......................     1545-AU68
3027         Electing Small Business Trust......................................................     1545-AU76
3028         Source Rules for Payments Made Pursuant to Certain Swap Arrangements...............     1545-AU89
3029         Special Rules Applicable to Sales of Debt Instrument Between Record Dates and the       1545-AU95
            End of Accrual Periods..............................................................
3030         Agreements for Payment of Tax Liabilities in Installments..........................     1545-AU97
3031         Return of Levied Property in Certain Cases.........................................     1545-AV01
3032         Foreign Tax Credit Antiabuse Regulation............................................     1545-AV97
3033         Merchandise........................................................................     1545-AW00
3034         HIPAA Nondiscrimination Rules......................................................     1545-AW02
3035         Transportation of Persons and Property by Air--Sections 4261 and 4271..............     1545-AW19
3036         Estate Tax Deduction for Qualified Family-Owned Business Interests (QFOBI).........     1545-AW21
3037         Election To Treat Trust as Estate--Section 645.....................................     1545-AW24
3038         Section 988--Contingent Debt Instrument............................................     1545-AW33
3039         Capital Gain Guidance Relating to CRTs.............................................     1545-AW35
3040         Middleman Regulation Under Sections 6041 and 6045..................................     1545-AW48

[[Page 74331]]

 
3041         Merchandise Regulation.............................................................     1545-AW61
3042         Relief From Joint and Several Liability on Joint Return............................     1545-AW64
3043         Constructive Sales of Appreciated Financial Positions..............................     1545-AW97
3044         Qualified Offers...................................................................     1545-AW99
3045         Notice of Contact of Third Parties--Section 7602(c)................................     1545-AX04
3046         Highway Vehicle--Definition........................................................     1545-AX10
3047         Deposit of Excise Taxes--Revision..................................................     1545-AX11
3048         Guidance on Cost Recovery in the Entertainment Industry............................     1545-AX12
3049         Straddles--One Side Larger Than the Other..........................................     1545-AX16
3050         Definition of Accounting Method....................................................     1545-AX21
3051         Sections 401(k) and 410(m) Cash or Deferred Arrangements...........................     1545-AX26
3052         Exclusion of Gain on the Sale or Exchange of Principal Residence...................     1545-AX28
3053         Special Rules for Retroactive Payments Under Section 417(a)(7)(a) for Qualified         1545-AX34
            Retirement Plans....................................................................
3054         Definition of ``Issued'' With Regard to Chief Counsel Advice.......................     1545-AX40
3055         401(k) and 401(m) Regulations......................................................     1545-AX43
3056         Notional Principal Contracts and Other Financial Products..........................     1545-AX45
3057         Section 7430 Regulations...........................................................     1545-AX46
3058         Section 1374 Timber................................................................     1545-AX50
3059         Address Correction.................................................................     1545-AX51
3060         Compensation Deferred Under Eligible Section 457(b) Plans (Section 457 Regulations)     1545-AX52
3061         Tax on Insurance Companies Other Than Life Insurance Companies.....................     1545-AX54
3062         Definition of Private Activity Bond--Refunding Regulations.........................     1545-AX55
3063         Agent for the Group Under Section 1.1502-77........................................     1545-AX56
3064         Equity Options with Flexible Terms.................................................     1545-AX66
3065         Tiered Structures--ESBTs and ESOPs.................................................     1545-AX71
3066         Clarification of Entity Classification Rules Regarding Entities Classified as           1545-AX75
            Corporations........................................................................
3067         Definition of Passive Foreign Investment Company Under Section 1297................     1545-AX78
3068         Disclosure of Return and Return Information to Designee of Taxpayer................     1545-AX85
3069         Procurement/Purchasing Card Reporting..............................................     1545-AX86
3070         Statute of Limitations on Collection Installment Agreements........................     1545-AX89
3071         Clarification of Foreign-Based Company Sales Income Rules..........................     1545-AX91
3072         Capitalization of Interest and Carrying Charges Properly Allocable to Straddles....     1545-AX92
3073         Assumption of Partnership Liabilities..............................................     1545-AX93
3074         Special Basis Rules Under Section 705..............................................     1545-AX94
3075         Like-Kind Exchanges Under Section 168..............................................     1545-AX95
3076         Definition of Income Under Section 643.............................................     1545-AX96
3077         Definition of Diesel Fuel..........................................................     1545-AX97
3078         Automatic Extension for Form 706...................................................     1545-AX98
3079         Transfers of Property to Third Parties on Behalf of a Spouse.......................     1545-AX99
3080         Electronic Payee Statements........................................................     1545-AY00
3081         Hedging Transactions Under Section 1221(a)(7) and Section 446......................     1545-AY02
3082         Guidance Under Section 894.........................................................     1545-AY03
3083         Guidance Necessary to Facilitate Electronic Tax Administration.....................     1545-AY04
3084         Revision of Circular No. 230.......................................................     1545-AY05
3085         Regulations Governing Practice Before the Internal Revenue Service.................     1545-AY07
3086         Classification of Certain Employee Benefit Trusts..................................     1545-AY09
3087         Guidance Under Section 6302 Regarding the Federal Tax Deposit System...............     1545-AY10
3088         Check the Box Regulations--Amendment...............................................     1545-AY16
3089         ''Authorized Placement Agency'' Under Section 152..................................     1545-AY18
3090         Disqualified Persons...............................................................     1545-AY19
3091         Tax Treatment of Cafeteria Plans...................................................     1545-AY23
3092         Disallowance of Deductions and Credits for Failure to File Timely Return...........     1545-AY26
3093         Section 1503(d) Regulation.........................................................     1545-AY27
3094         Withholding Tax on Foreign Partners' Share of Effectively Connected Income.........     1545-AY28
3095         Application of Separate Foreign Tax Credit Limitations.............................     1545-AY29
3096         Mid-Contract Change in Taxpayer....................................................     1545-AY31
3097         HIPAA General Nondiscrimination....................................................     1545-AY32
3098         HIPAA Nondiscrimination/Exception for Church Plans.................................     1545-AY33
3099         HIPAA Nondiscrimination/Bona Fide Wellness Programs................................     1545-AY34

[[Page 74332]]

 
3100         Guidance Under Section 6050P Regarding Information Reporting on Cancellation of         1545-AY35
            Indebtedness........................................................................
3101         Nondiscrimination Requirements for Certain Defined Contribution Retirement Plans...     1545-AY36
3102         Dollar-Value LIFO..................................................................     1545-AY39
3103         Section 83-1032 Conforming Changes.................................................     1545-AY40
3104         Section 355(e) Guidance............................................................     1545-AY42
3105         Guidance Under Subpart F Relating to Partnerships..................................     1545-AY45
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3106         Regulations Under Section 367 To Reflect Section 131 of the Tax Reform Act of 1984      1545-AK74
            (Pub. L. 98-369)....................................................................
3107         Computation of a Branch's Taxable Income; Taxation of Exchange Gain or Loss on          1545-AM12
            Branch Remittances..................................................................
3108         Earnings Stripping Payments........................................................     1545-AO24
3109         Credit For Increasing Research Activities..........................................     1545-AO51
3110         Fringe Benefit Sourcing Under Section 861..........................................     1545-AO72
3111         Foreign Grantor Trusts.............................................................     1545-AO75
3112         Taxation of Global Trading.........................................................     1545-AP01
3113         Accounting for Long-Term Contracts.................................................     1545-AQ30
3114         Definition of ``Highly Compensated Employee''......................................     1545-AQ74
3115         Passive Foreign Investment Companies--Special Rules for Foreign Banks and               1545-AS46
            Securities Dealers..................................................................
3116         Proposed Regulation Under Sections 882 and 884.....................................     1545-AT96
3117         Treatment of Obligation-Shifting Transactions......................................     1545-AU19
3118         Withdrawal of Notice of Federal Tax Lien...........................................     1545-AV00
3119         Research Credit II.................................................................     1545-AV14
3120         Electronic Tip Reporting...........................................................     1545-AV28
3121         Removal of Temporary Regulations...................................................     1545-AV36
3122         Clarification of 4958 Excise Taxes.................................................     1545-AV60
3123         EIC Eligibility....................................................................     1545-AV61
3124         Qualified Zone Academy Bonds.......................................................     1545-AV75
3125         Continuity of Interest.............................................................     1545-AV81
3126         Disclosure of Return Information to the Bureau of the Census.......................     1545-AV84
3127         Relief for Presidentially Declared Disaster........................................     1545-AV92
3128         Averaging of Farm Income...........................................................     1545-AW05
3129         Mark-to-Market Accounting for Dealers in Commodities and Traders in Securities and      1545-AW06
            Commodities.........................................................................
3130         Stocks and Securities Safe Harbor Exception........................................     1545-AW13
3131         Qualified Lessee Construction Allowances for Short-Term Leases.....................     1545-AW16
3132         Definition of Contribution in Aid of Construction Under Section 118(c).............     1545-AW17
3133         Capital Gains and Partnership Provisions...........................................     1545-AW22
3134         GRAT and Notes.....................................................................     1545-AW25
3135         Section 411(d)(6); Protected Benefits Exceptions...................................     1545-AW27
3136         Intercompany Obligations...........................................................     1545-AW30
3137         Disregarded Entities...............................................................     1545-AW36
3138         Special Rules Regarding the Simplified Production and Resale Methods with Historic      1545-AW54
            Absorption Ratio Election...........................................................
3139         Education Credits..................................................................     1545-AW65
3140         Information Reporting for Payments of Tuition and Interest on Education Loans......     1545-AW67
3141         Guidance Under Section 355(d)......................................................     1545-AW71
3142         Reporting of Payments to Attorney..................................................     1545-AW72
3143         Timely Mailing Treated as Timely Filing/Electronic Postmark........................     1545-AW81
3144         Modifications and Additions to the Unified Partnership Audit Procedures............     1545-AW86
3145         Compromises........................................................................     1545-AW88
3146         Certain Asset Transfers to Regulated Investment Companies (RICs) and Real Estate        1545-AW92
            Investment Trusts (REITs)...........................................................
3147         Continuation Coverage Requirements Applicable to Group Health Plans................     1545-AW94
3148         Qualified Offers...................................................................     1545-AX00
3149         Qualified Zone Academy Bonds Credit Rate...........................................     1545-AX03
3150         Allocation of Research Credit......................................................     1545-AX05
3151         Delay Rental Payments..............................................................     1545-AX06

[[Page 74333]]

 
3152         GST Issues.........................................................................     1545-AX08
3153         Allocation of Partnership Debt.....................................................     1545-AX09
3154         Definition of Last Known Address...................................................     1545-AX13
3155         Dollar-Value LIFO Regulations......................................................     1545-AX20
3156         351(g) Guidance Project............................................................     1545-AX38
3157         Changes in Entity Classification: Special Rule for Certain Foreign Eligible             1545-AX39
            Entities............................................................................
3158         Partnership Mergers and Divisions..................................................     1545-AX42
3159         Permitted Election Changes Under Section 125.......................................     1545-AX59
3160         Reopenings.........................................................................     1545-AX60
3161         Prevention of Abuse of Charitable Remainder Trusts.................................     1545-AX62
3162         Stock Transfer Rules: Supplemental Rules...........................................     1545-AX63
3163         Loans Under Section 72(p)..........................................................     1545-AX68
3164         Allocation and Apportionment of Interest Expense and Certain Other Expenses........     1545-AX72
3165         Applying Section 197 to Partnership Transactions...................................     1545-AX73
3166         Lifetime Charitable Lead Trusts....................................................     1545-AX74
3167         HIPAA Portability..................................................................     1545-AX84
3168         Special Rules for Output Facilities................................................     1545-AX87
3169         Qualified Zone Academy Bonds.......................................................     1545-AY01
3170         Guidance Under 6302 Regarding the Federal Tax Deposit System.......................     1545-AY11
3171         Investment Type Property (Prepayment)..............................................     1545-AY12
3172         Guidance Under Section 894 (Temporary).............................................     1545-AY13
3173         Broker's Commissions and Similar Fees..............................................     1545-AY15
3174         Recognition of Gain on Certain Transfers to Foreign Trusts and Estates.............     1545-AY25
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3175         Income Tax--Taxpayer's Obligation To File a Notice of Redetermination of Foreign        1545-AC09
            Tax and Civil Penalties for Failure to File.........................................
3176         Income Tax--Definition of Qualified Possession Source Investment Income for             1545-AC10
            Purposes of Puerto Rico and Possession Tax Credit...................................
3177         Treatment of Funded Welfare Benefit Plans..........................................     1545-AG14
3178         Golden Parachute Payments..........................................................     1545-AH49
3179         FSC Transfer Pricing Rules, Distributions, Dividends Received, Deduction, and Other     1545-AI16
            Special Rules for FSC...............................................................
3180         Income Tax--Reciprocal Exemptions for Certain Transportation Income................     1545-AJ57
3181         Information From Passport and Immigration Applicants...............................     1545-AJ93
3182         Nonrecognition of Corporate Distributions and Reorganizations Under the Foreign         1545-AK79
            Investment in Real Property Tax Act.................................................
3183         Income of Foreign Governments and International Organizations......................     1545-AL93
3184         Clarification of Treatment of Separate Limitation Losses...........................     1545-AM11
3185         Earnings and Profits of Controlled Foreign Corporations............................     1545-AM90
3186         CBI Investments of Section 936 Funds...............................................     1545-AM91
3187         Railroad Unemployment Repayment Tax................................................     1545-AN40
3188         Limitations on Passive Activity Losses and Credits--Self-Charged Items.............     1545-AN64
3189         Consolidated Alternative Minimum Tax...............................................     1545-AN73
3190         Conforming Taxable Years of CFCs and FPHCs: 1989 Change............................     1545-AO22
3191         Charitable Contributions...........................................................     1545-AP30
3192         Section 1.163-1(b)(2)..............................................................     1545-AP33
3193         Guidance in Notice 89-37, Which Treats the Receipt of a Corporate Partner's Stock       1545-AP52
            by the Corporate Partner as a Circumvention of General Utilities Repeal.............
3194         Use of GAAP Earnings as E&P of Foreign Corporations................................     1545-AQ55
3195         Interest-Free Adjustments..........................................................     1545-AQ61
3196         The Treatment of Accelerated Death Benefits Under Sections 101, 7702 and 7702A of       1545-AQ70
            the Internal Revenue Code...........................................................
3197         Applications of Section 1503(d) to Partnerships and Other Items....................     1545-AR26
3198         Intercompany Transfer Pricing for Services.........................................     1545-AR32

[[Page 74334]]

 
3199         Escrow Funds and Other Similar Funds...............................................     1545-AR82
3200         Mark-to-Market Upon Disposition....................................................     1545-AS85
3201         Straddles--Miscellaneous Issues....................................................     1545-AT46
3202         Effect of the Family and Medical Leave Act on the Operation of Cafeteria Plans.....     1545-AT47
3203         Allocation of Accrued Benefits Between Employer and Employee Contributions.........     1545-AT82
3204         Application of Grantor Trust Rules to Nonexempt Employees' Trust...................     1545-AU29
3205         Recomputation of Life Insurance Reserves...........................................     1545-AU49
3206         Application of Attribution Rules to Foreign Trusts.................................     1545-AU91
3207         FASIT--Start-up/Operational/Transition.............................................     1545-AU94
3208         Definition of ``Private Activity Bonds''--Allocation and Accounting Regulations....     1545-AU98
3209         Regulations Under Section 1441 Regarding the Electronic Transmission of Withholding     1545-AV27
            Certificates........................................................................
3210         Removal of Temporary Regulations That Provide Rules for Substantiating Travel           1545-AV55
            Expense Deductions for Members of Congress..........................................
3211         Required Distributions From Qualified Plans and Individual Retirement Plans........     1545-AV82
3212         Interest on Education Loans........................................................     1545-AW01
3213         Allocation of Loss on Disposition of Personal Property.............................     1545-AW09
3214         Corporate Tax Shelter Registration.................................................     1545-AW26
3215         Payment of Taxes by Credit Card and Debit Card.....................................     1545-AW37
3216         Conversion to the Euro.............................................................     1545-AW43
3217         Section 148--Clarification of the Treatment of Prepayments.........................     1545-AW44
3218         Source of Income for Space and Certain Ocean Activities and for International           1545-AW50
            Communications Income...............................................................
3219         Guidance Under Subpart F Relating to Certain Hybrid Transactions...................     1545-AW63
3220         Preparer Due Diligence Requirements for Determining Earned Income Credit                1545-AW73
            Eligibility.........................................................................
3221         Section 355(e) Guidance............................................................     1545-AW79
3222         Notice and Opportunity for Hearing Before Levy.....................................     1545-AW90
3223         Notice and Opportunity for Hearing Upon Filing of Notice of Lien...................     1545-AW91
3224         Transfer of REMIC Residual Interest................................................     1545-AW98
3225         Rules for Sourcing Certain Transportation Income, Space or Ocean Activity Income,       1545-AX02
            and Related Foreign Base Company Shipping Income....................................
3226         Change of Annual Accounting Period.................................................     1545-AX15
3227         Coordination of Sections 755 and 1060..............................................     1545-AX18
3228         Guaranteed Investment Contracts....................................................     1545-AX22
3229         Qualified Transportation Fringe Benefits...........................................     1545-AX33
3230         Grouping Rules for Foreign Sales Corporation Transfer Pricing......................     1545-AX41
3231         Section 414(q) Regulation..........................................................     1545-AX48
3232         Stock Transfer Rules: Carryover of Earnings and Taxes..............................     1545-AX65
3233         Definition of Hyperinflationary Currency for Purposes of Section 988...............     1545-AX67
3234         Disclosures of Return Information to Officers and Employees of the Department of        1545-AX69
            Agriculture for Certain Statistical Purposes and Related Activities.................
3235         Modification to Section 367(a) Stock Transfer Regulations..........................     1545-AX77
3236         Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters......     1545-AX79
3237         Tax Shelter Disclosure Statements..................................................     1545-AX81
3238         Application of Separate Foreign Tax Credit Limitations.............................     1545-AX88
3239         Final Regulations on Disclosures to Department of Commerce-Bureau of Census;            1545-AY06
            Section 301.6103(j)(1)-1............................................................
3240         Damages Under Section 7433.........................................................     1545-AY08
3241         Electing Mark-to-Market for Marketable Stock of a PFIC.............................     1545-AY17
3242         Active Conduct of an Insurance Business Under PFIC Rules...........................     1545-AY20
3243         Guidance on Changes to the Laws for Corporate Estimated Taxes......................     1545-AY22
3244         Section 1445 Regulation............................................................     1545-AY24
3245         Taxable Years of CFCs and FPHCs....................................................     1545-AY30
3246         Allocation of Income and Deductions from Intangibles...............................     1545-AY38
3247         Section 367(d) Regulations.........................................................     1545-AY41
3248         Regulations Implementing Section 420(c)(3)(E)......................................     1545-AY43
3249         Special Rules for S Corporations Under Section 301.7701(b)-7.......................     1545-AY44
----------------------------------------------------------------------------------------------------------------



[[Page 74335]]

                                   Internal Revenue Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3250         Loans Treated as Distributions.....................................................     1545-AE41
3251         Source Rules for Personal Property Sales...........................................     1545-AJ83
3252         Telefile Voice Signatures Test.....................................................     1545-AQ68
3253         Rules for Property Produced in a Farming Business..................................     1545-AQ91
3254         Diesel Fuel Excise Tax; Dye Injection Systems and Markers..........................     1545-AT18
3255         Coordination of Pre-1987 Deemed Paid Taxes.........................................     1545-AT85
3256         Relief From Disqualification for Plans Accepting Rollovers.........................     1545-AU46
3257         Legending of REMIC Certificates....................................................     1545-AU96
3258         Deposits of Excise Taxes...........................................................     1545-AV02
3259         Regulations Under Sections 871, 881, and 894 Regarding Payments to Partnerships,        1545-AV10
            and Other Transparent Arrangements..................................................
3260         Qualified State Tuition Programs...................................................     1545-AV18
3261         Private Activity Bond Rules for Output Facilities..................................     1545-AV47
3262         Kerosene Tax; Aviation Fuel Tax; Tax on Heavy Trucks and Trailers..................     1545-AV71
3263         Warrants and Nonqualified Preferred Stock..........................................     1545-AV86
3264         Consolidated Returns--Limitations on the Use of Certain Losses and Credits.........     1545-AV88
3265         Consolidated Returns--Limitations on the Use of Certain Losses and Credits.........     1545-AV99
3266         Retention of Income Tax Return Preparer's Signatures...............................     1545-AW52
3267         Guidance Under Section 1032........................................................     1545-AW53
3268         Increase in Cashout Limit Under Sections 411(a)(7), 411(a)(11), and 417(e)(1)......     1545-AW59
3269         Valuation Tables...................................................................     1545-AX07
3270         Definition of Grantor..............................................................     1545-AX25
3271         Extension of Time to Electronically File Information Returns, Limitation of Penalty     1545-AX31
            for Individual's Failure to Pay During Period of Installment Agreement..............
3272         Advance Payments...................................................................     1545-AX36
3273         Changes to Section 1441 Regulations Effective January 1, 2000......................     1545-AX53
3274         Modification of the Solely-For-Voting Stock Requirement in Certain Corporate            1545-AX57
            Reorganizations.....................................................................
3275         Permitted Election Changes Under Section 125.......................................     1545-AX58
3276         Clarification of Entity Classification Rules Regarding Entities Classified as           1545-AX76
            Corporations (Temporary)............................................................
3277         Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters           1545-AX80
            (Temporary).........................................................................
3278         Tax Shelter Disclosure Statements (Temporary)......................................     1545-AX82
3279         Corporate Tax Shelter Regulation (Temporary).......................................     1545-AX83
3280         Repeal of Proposed Regulations.....................................................     1545-AX90
3281         Modification of Tax Shelter Rules..................................................     1545-AY37
----------------------------------------------------------------------------------------------------------------


                                   Office of Thrift Supervision--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3282         12 CFR 567 Capital Rules...........................................................     1550-AB11
----------------------------------------------------------------------------------------------------------------


                                Office of Thrift Supervision--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3283         12 CFR 516 Application Processing..................................................     1550-AB14
3284         12 CFR 545 Types of Offices........................................................     1550-AB18
3285         12 CFR 545 Directors and Officers..................................................     1550-AB19
3286         12 CFR 545 Nondeposit Investment Products..........................................     1550-AB22
3287         12 CFR 563b Mutual Savings Associations, Mutual Holding Company Reorganizations,        1550-AB24
            and Conversions.....................................................................
3288         12 CFR 590 Due on Sale and Usury Preemption........................................     1550-AB25
3289         12 CFR 584 Holding Company Activities..............................................     1550-AB29
3290         12 CFR 500 Organizational Regulations..............................................     1550-AB30
3291         Fair Credit Reporting..............................................................     1550-AB33
3292         12 CFR 560 Responsible Alternative Mortgage Lending................................     1550-AB37

[[Page 74336]]

 
3293         12 CFR Part 552 Amendment to Preapproved Bylaws....................................     1550-AB39
3294         12 CFR 559 Lending and Investment - Miscellaneous Changes..........................     1550-AB40
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3295         12 CFR 573 Community Reinvestment Act Disclosure...................................     1550-AB32
3296         12 CFR 536 Insurance Customer Protections..........................................     1550-AB34
3297         12 CFR 568 Privacy: Nonpublic Personal Information; Safeguarding Customer               1550-AB36
            Information.........................................................................
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3298         12 CFR 563 Transfer and Repurchase of Government Securities........................     1550-AB38
3299         12 CFR 559 Subordinate Organizations Updates.......................................     1550-AB41
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Departmental Offices (DO)



_______________________________________________________________________




2850. 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                            01/00/01
NPRM Comment Period End         04/00/01

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
_______________________________________________________________________




2851.  AMENDMENTS TO THE GOVERNMENT SECURITIES ACT REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 15 USC 78o-5(b)(1)(A); 15 USC 78o-5(b)(4); 15 USC 78o-
5(b)(5)(B); 31 USC 3121; 31 USC 9110

CFR Citation: 17 CFR 450

Legal Deadline: None

Abstract: The proposed rule amends the regulations issued under the 
Government Securities Act of 1986 (GSA). Section 208 of the Gramm-
Leach-Bliley Act amended the definition of the term ``Government 
Securities'' in the Securities Exchange Act of 1934 to include as 
applied to a bank, qualified Canadian government obligations. The 
proposed rule would make a technical amendment to the GSA regulations 
to conform to this change in definition.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00
NPRM Comment Period End         12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lee Grandy, Associate Director, Department of the 
Treasury, Room 315, 999 E Street NW., Washington, DC 20239-0001
Phone: 202 691-3632
Email: [email protected]


[[Page 74337]]


Deidre Brewer, Government Securities Specialist, Department of the 
Treasury, Room 315, Government Securities Regulations Staff, 999 E 
Street NW., Washington, DC 20239-0001
Phone: 202 691-3632

RIN: 1505-AA82
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Departmental Offices (DO)



_______________________________________________________________________




2852. 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 (GLBA), 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
Final Rule                      07/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jeffrey C. King, Senior Counsel, Department of the 
Treasury, Room 2025, Washington, DC 20220
Phone: 202 622-1978
Fax: 202 622-1974

RIN: 1505-AA77
_______________________________________________________________________




2853. MERCHANT BANKING

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 1500

Legal Deadline: None

Abstract: This interim rule, issued jointly by the Department of the 
Treasury (Treasury) and the Board of Governors of the Federal Reserve 
System (Board), implements section 103 of the Gramm-Leach-Bliley Act 
(GLBA), Public Law 106-102, 113 Stat.1338, which authorizes financial 
holding companies to engage in activities that are financial in nature. 
This joint rule implements 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
Final Rule                      12/00/00

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-AA78
_______________________________________________________________________




2854. FINANCIAL ACTIVITIES OF FINANCIAL SUBSIDIARIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 24a

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This interim rule was issued by the Department of the 
Treasury (Treasury) to implement section 121 of the Gramm-Leach-Bliley 
Act (GLBA), Public Law 106-102, 113 Stat. 1338. Section 121 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
Final Rule                      07/00/01

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


_______________________________________________________________________



[[Page 74338]]

2855. 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 a portion of 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              12/00/00

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)                    Long-Term Actions


Departmental Offices (DO)



_______________________________________________________________________




2856. RESOLUTION FUNDING CORPORATION OPERATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 1510

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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Brandon B. Straus
Phone: 202 622-1964
Fax: 202 622-1974

RIN: 1505-AA79
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Departmental Offices (DO)



_______________________________________________________________________




2857. DISCLOSURE OF RECORDS: FREEDOM OF INFORMATION ACT

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      06/30/00                    65 FR 40503
Final Rule Effective            06/30/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Alana Johnson
Phone: 202 622-0930
Fax: 202 622-3895
Email: [email protected]

RIN: 1505-AA76
_______________________________________________________________________




2858.  NONDISCRIMINATION ON THE BASIS OF SEX IN EDUCATION 
PROGRAMS OR ACTIVITIES RECEIVING FEDERAL FINANCIAL ASSISTANCE; FINAL 
COMMON RULE

Priority: Other Significant

Legal Authority: 20 USC 1681 to 1683; 20 USC 1685 to 1688

CFR Citation: 31 CFR 28

Legal Deadline: None

Abstract: This final common rule provides for the enforcement of title 
IX of the Education Amendments of 1972, as amended (title IX). Title IX 
prohibits recipients of Federal financial assistance from 
discriminating on the basis of sex in education programs or activities. 
The promulgation of these title IX regulations will provide guidance to 
recipients of Federal financial assistance who administer education 
programs or activities. The provisions of this common rule will also 
promote consistent and adequate enforcement of title IX by all 
participating agencies.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/29/99                    64 FR 58567
NPRM Comment Period End         12/28/99
Final Rule                      09/29/00                    65 FR 52857

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Local

Agency Contact: Marcia H. Coates, Department of the Treasury, Room 
6069, Office of Equal Opportunity Program, 1500 Pennsylvania Avenue 
NW., Washington, DC 20220
Phone: 202 622-1170

RIN: 1505-AA83
BILLING CODE 4810-25-S

[[Page 74339]]

_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2859. 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
Fax: 703 905-3735

RIN: 1506-AA21
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2860. 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                    12/00/00

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
Fax: 703 905-3735

RIN: 1506-AA15
_______________________________________________________________________




2861. 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 Rule                      12/00/00

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
Fax: 703 905-3735

RIN: 1506-AA22
_______________________________________________________________________




2862.  AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--EXEMPTIONS 
FROM THE REQUIREMENT TO REPORT TRANSACTIONS IN CURRENCY

Priority: Substantive, Nonsignificant

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

CFR Citation: 31 CFR 103

Legal Deadline: None

Abstract: This document contains an Interim Rule that further reforms 
and simplifies the process by which depository institutions may exempt 
transactions of retail and other businesses from the requirement to 
report transactions in currency in excess of $10,000. The Interim Rule 
is part of a continuing program to reduce unnecessary burdens upon 
financial institutions complying with the Bank Secrecy Act and increase 
the cost-effectiveness of the counter-money laundering policies of the 
Department of the Treasury.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              07/28/00                    65 FR 46356
Interim Final Rule Effective    07/31/00
Interim Final Rule Comment 
Period End                      09/26/00
Final Rule                      12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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
Fax: 703 905-3735

RIN: 1506-AA23

[[Page 74340]]

_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2863. 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
Fax: 703 905-3735

RIN: 1506-AA05
_______________________________________________________________________




2864. 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
Fax: 703 905-3735

RIN: 1506-AA08
_______________________________________________________________________




2865. 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
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA19
BILLING CODE 4820-02-S
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Financial Management Service (FMS)



_______________________________________________________________________




2866. 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                            12/00/00

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
_______________________________________________________________________




2867. PUBLIC DISSEMINATION OF IDENTITY OF DELINQUENT DEBTORS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 321; 31 USC 3720E

CFR Citation: 31 CFR 285.14

Legal Deadline: None

Abstract: This rule implements the authority provided in the Debt 
Collection Improvement Act for Federal Agencies to publicly disseminate 
information regarding the identity of delinquent debtors.

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, Debt 
Management Service, Department of the Treasury, Financial Management 
Service, Room 44AB, 401 14th Street SW., Washington, DC 20227
Phone: 202 874-7131

RIN: 1510-AA72
_______________________________________________________________________




2868.  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 321; 12 USC 
323; 12 USC 332; 12 USC 391; 12 USC

[[Page 74341]]

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; 31 USC 3301; 31 USC 3302; 31 USC 
3303; 31 USC 3304

CFR Citation: 31 CFR 203

Legal Deadline: None

Abstract: These revisions will provide needed updates to support 
operational changes to the system used for the collection of corporate 
withholding taxes and the investment of the Government's excess 
operating funds; streamline the regulation by converting to the plain 
language standard; and incorporate other needed updates.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00
Final Action                    05/00/01

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-AA83
_______________________________________________________________________




2869.  FEDERAL GOVERNMENT PARTICIPATION IN THE AUTOMATED 
CLEARINGHOUSE

Priority: Substantive, Nonsignificant

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

CFR Citation: 31 CFR 210

Legal Deadline: None

Abstract: These revisions will provide needed updates to support 
movement of ACH transactions on the internet for Federal collections 
and payments, and the use of check truncation and check conversion in 
Federal collections.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00
Final Action                    04/00/01

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-AA84
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Financial Management Service (FMS)



_______________________________________________________________________




2870. RULES AND PROCEDURES FOR EFFICIENT FEDERAL-STATE FUNDS TRANSFERS

Priority: Substantive, Nonsignificant

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                            10/12/00                    65 FR 60796
Final Action                    05/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal, State

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

Agency Contact: Sally Phillips, Financial Program Specialist, Cash 
Management Policy & Planning Division, Department of the Treasury, 
Financial Management Service, Room 403, 401 14th Street SW., 
Washington, DC 20227
Phone: 202 874-7106

RIN: 1510-AA38
_______________________________________________________________________




2871. 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 3327; 31 USC 
3328; 31 USC 3331; 31 USC 3334; 31 USC 3343; 31 USC 3702; 31 USC 3702 
note; 31 USC 3711; 31 USC 3712; 31 USC 3716; 31 USC 3717; 318 US 363 
(1943); 332 US 234 (1947)

CFR Citation: 31 CFR 240

Legal Deadline: None

Abstract: Notice of proposed rulemaking II (NPRM II) was a reissuance 
of NPRM I published on 9/21/95, which 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. NPRM I also 
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. In addition to the revisions 
proposed in NPRM I, NPRM II announced 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

[[Page 74342]]

signatures, such as counterfeits. The Interim Final Rule will 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. NPRM III is a 
reissuance of NPRM II and will address, at a minimum, the issues in 
NPRMs I and II.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Lester Smalls, Manager, Reclamation Branch, Department 
of the Treasury, Financial Management Service, Room 700D, 3700 East-
West Highway, Hyattsville, MD 20782
Phone: 202 874-7770
Email: [email protected]

RIN: 1510-AA45
_______________________________________________________________________




2872. 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: 22 USC 2363; 31 USC 3513; EO 10488; EO 10900

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                     61 FR 2750
Final Action                    12/00/00

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 
311D, 401 14th Street SW., Washington, DC 20227
Phone: 202 874-8943
Email: [email protected]

RIN: 1510-AA48
_______________________________________________________________________




2873. 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; 28 USC 2414; 28 USC 2517; 31 
USC 1304

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 
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
_______________________________________________________________________




2874. FEDERAL CLAIMS COLLECTION STANDARDS

Priority: Substantive, Nonsignificant

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

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 nontax 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                    11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

[[Page 74343]]

Agency Contact: Gerry Isenberg, Financial Program Specialist, Debt 
Management Service, Department of the Treasury, Financial Management 
Service, Room 44AB, 401 14th Street SW., Washington, DC 20227
Phone: 202 874-7131

RIN: 1510-AA57
_______________________________________________________________________




2875. 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 321; 31 USC 3716

CFR Citation: 31 CFR 285.5

Legal Deadline: None

Abstract: This rule governs administrative offset of Federal payments 
by disbursing officials of the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Gerry Isenberg, Financial Program Specialist, Debt 
Management Service, Department of the Treasury, Financial Management 
Service, Room 44AB, 401 14th Street SW., Washington, DC 20227
Phone: 202 874-7131

RIN: 1510-AA65
_______________________________________________________________________




2876. SALARY OFFSET

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 5514

CFR Citation: 31 CFR 285.7

Legal Deadline: None

Abstract: This rule governs the centralized computer matching of 
Federal Employee Records for purposes of salary offset to collect 
nontax delinquent debt owed the Federal Government.

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, Financial Program Specialist, Debt 
Management Service, Department of the Treasury, Financial Management 
Service, Room 44AB, 401 14th Street SW., Washington, DC 20227
Phone: 202 874-7131

RIN: 1510-AA70
_______________________________________________________________________




2877. 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                    12/00/00

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
_______________________________________________________________________




2878. 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; 12 USC 266; 12 USC 332; 12 USC 
391; 12 USC 1452(d); 12 USC 1464(k); 12 USC 1767; 12 USC 1789(a)

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 a 
rate based on 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                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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-AA79
_______________________________________________________________________




2879. FEDERAL GOVERNMENT PARTICIPATION IN THE AUTOMATED CLEARINGHOUSE

Priority: Substantive, Nonsignificant

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

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 2001.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      12/00/00

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

[[Page 74344]]

Service, Room 420, 401 14th Street SW., Washington, DC 20227
Phone: 202 874-6657

RIN: 1510-AA81
_______________________________________________________________________




2880. 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                    12/00/00

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-AA82
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Financial Management Service (FMS)



_______________________________________________________________________




2881. 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: 202 874-7131

RIN: 1510-AA66
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Financial Management Service (FMS)



_______________________________________________________________________




2882. DEPOSITARIES AND FINANCIAL AGENTS OF THE FEDERAL GOVERNMENT

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 202; 31 CFR 380

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/13/00                    65 FR 55427

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

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

RIN: 1510-AA75
_______________________________________________________________________




2883. PAYMENT OF FEDERAL TAXES AND THE TREASURY TAX AND LOAN PROGRAM

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 203; 31 CFR 380

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/13/00                    65 FR 55428

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

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

RIN: 1510-AA76
_______________________________________________________________________




2884. ACCEPTANCE OF BONDS SECURED BY GOVERNMENT OBLIGATIONS IN LIEU OF 
BONDS WITH SURETIES

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 225; 31 CFR 380

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/13/00                    65 FR 55429

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

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

RIN: 1510-AA77
_______________________________________________________________________




2885. REGULATIONS GOVERNING FEDSELECT CHECK

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 247

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Notice                          04/19/00                    65 FR 20905

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Federal

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

RIN: 1510-AA80
BILLING CODE 4810-35-S

[[Page 74345]]

_______________________________________________________________________


Department of the Treasury (TREAS)                        Prerule Stage


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2886.  ALCOHOL BEVERAGE HEALTH WARNING STATEMENT

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205, 215

CFR Citation: 27 CFR 16

Legal Deadline: None

Abstract: ATF is considering amending the regulations concerning the 
placement, legibility and noticeability of the congressionally mandated 
health warning statement required to appear on the labels of all 
containers of alcohol beverages. Based on a petition we have received, 
we wish to gather information by inviting comments from the public and 
industry as to whether the existing regulations should be revised.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           12/00/00

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: 202 927-8210

RIN: 1512-AC12
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2887. REVISION OF BREWERY REGULATIONS AND ISSUANCE OF REGULATIONS FOR 
TAVERNS ON BREWERY PREMISES (BREWPUBS)

 Regulatory Plan: This entry is Seq. No. 106 in Part II of this issue 
of the Federal Register.

RIN: 1512-AB37
_______________________________________________________________________




2888. 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                            12/00/00

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
_______________________________________________________________________




2889. 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                            01/00/01

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
_______________________________________________________________________




2890. 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; 27 CFR 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 (nonalcohol) food products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/09/99                     64 FR 6486
NPRM Comment Period End         04/12/99
Revised NPRM                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William Foster, 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-AB89


_______________________________________________________________________



[[Page 74346]]

2891. 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                            12/00/00

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
_______________________________________________________________________




2892. 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                            10/00/00

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



_______________________________________________________________________



FIREARMS


                    ________________________________



2893. COMMERCE IN EXPLOSIVES (INCLUDING EXPLOSIVES IN THE FIREWORKS 
INDUSTRY)

 Regulatory Plan: This entry is Seq. No. 107 in Part II of this issue 
of the Federal Register.

RIN: 1512-AB48
_______________________________________________________________________




2894. 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 18 U.S.C. 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                            02/00/01

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: 202 927-8210

RIN: 1512-AB73
_______________________________________________________________________




2895. IMPLEMENTATION OF PUBLIC LAW 105-277, MAKING OMNIBUS CONSOLIDATED 
AND EMERG. 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                            12/00/00
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: 202 927-8210

RIN: 1512-AB83
_______________________________________________________________________




2896. PUBLIC LAW 105-277, MAKING OMNIBUS CONSOLIDATED AND EMERGENCY 
SUPPLEMENTAL APPROPRIATIONS FOR FY99, RELATING TO FIREARMS DISABILITIES 
FOR NONIMMIGRANT ALIENS

Priority: Substantive, Nonsignificant

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

[[Page 74347]]

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                            12/00/00
Interim Final Rule              12/00/00

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: 202 927-8210

RIN: 1512-AB93



_______________________________________________________________________



PROCEDURAL


                    ________________________________



2897.  DELEGATION OF AUTHORITY IN PART 70

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: 26 USC 7805

CFR Citation: 27 CFR 70

Legal Deadline: None

Abstract: This final rule places most ATF authorities contained in 27 
CFR 70 with the ``appropriate ATF officer,'' and requires that persons 
file documents required by part 70 with the ``appropriate ATF 
officer,'' or in accordance with the instructions on the ATF form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

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-AC19
_______________________________________________________________________




2898.  DELEGATION OF AUTHORITY IN 27 CFR PART 13

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: 27 USC 205(e); 26 USC 5301; 26 USC 7805

CFR Citation: 27 CFR 13

Legal Deadline: None

Abstract: This final rule places all ATF authorities contained in 27 
CFR 13 with the ``appropriate ATF officer,'' and requires that persons 
file documents required by part 13 with the ``appropriate ATF 
officer,'' or in accordance with the instructions on the ATF form. This 
final rule removes the definitions to specific officers subordinate to 
the Director. This rule also adds a new section 13.20 about ATF forms 
and makes a typographical amendment clarifying section 13.72(b).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser, 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-AC21



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2899.  PROHIBITED MARKS ON PACKAGES OF TOBACCO PRODUCTS AND 
CIGARETTE PAPERS AND TUBES IMPORTED OR BROUGHT INTO THE UNITED STATES

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 5723

CFR Citation: 27 CFR 275

Legal Deadline: None

Abstract: This notice proposes a new rule that will prohibit any mark 
on packages of tobacco products and cigarette papers and tubes imported 
or brought into the United States (U.S.) indicating that U.S. tax has 
not been paid or that the product is not intended for sale or use in 
the U.S. Because current regulations only prohibit a marking on such 
packages that state or indicate that U.S. tax has been paid, U.S. tax-
exempt and prohibiting sale or use in the U.S. packages of such 
products are being imported or brought into the U.S. ATF and U.S. 
Customs Service have encountered problems with these packages when 
ensuring that Federal excise tax has been paid and enforcing the 
provisions of section 5761(c) of the Internal Revenue Code of 1986 
(title 26 of the United States Code). The proposed regulations will 
minimize the problems associated with such markings on tobacco products 
and cigarette papers and tubes imported or brought into the United 
States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

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-AC14


_______________________________________________________________________



[[Page 74348]]

2900.  DETERMINATION OF TAX AND RECORDKEEPING ON LARGE CIGARS

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 5701 and 5702

CFR Citation: 27 CFR 270; 27 CFR 275

Legal Deadline: None

Abstract: This notice incorporates the parts of ATF Industry Circular 
91-3, dated March 19, 1991, entitled ``Large Cigar Taxes On and After 
January, 1991'' that have not been placed in the regulations. ATF 
Industry Circular 91-3 addressed questions about determining the amount 
of tax for a large cigars based on their sale price. In addition, this 
notice proposes: (1) to give guidance on tax adjustments for large 
cigars provided at no cost in connection with a sale, and (2) 
recordkeeping requirements for persons in Puerto Rico, who bring large 
cigars upon prepayment or deferred payment of tax into the United 
States from Puerto Rico.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

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-AC22
_______________________________________________________________________




2901.  TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES SHIPPED 
FROM PUERTO RICO TO THE UNITED STATES

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 5701; 27 USC 7652

CFR Citation: 27 CFR 275

Legal Deadline: None

Abstract: This temporary rule eliminates ATF onsite supervision of 
tobacco products and cigarette papers and tubes of Puerto Rican 
manufacture that are shipped from Puerto Rico to the United States and 
related ATF forms. Specifically, this temporary rule eliminates the 
requirements: (1) that persons who ship such articles notify ATF prior 
to the shipment, and (2) that an ATF officer inspects, certifies that 
the amount of tax on such articles has been calculated correctly for, 
and releases, each shipment. Consequently, four ATF forms are 
eliminated. However, this rule requires that persons who ship such 
articles maintain records so that the amount of tax is calculated and 
recorded for ATF audit and examination. Also, this temporary rule 
revises certain sections to simplify and clarify and corrects a few 
errors.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00
Interim Final Rule              11/00/00

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-AC24
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2902. 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 11/00/00

Buena Vista Lake, CA (contact Jackie White)  NPRM 11/00/00

California Coast, CA (contact Tom Busey)  NPRM 09/26/00 (65 FR 57763)

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 11/00/00

Fair Play (contact Lisa Gesser)  NPRM 07/25/00 (65 FR 45739)  NPRM 
Comment Period End 09/23/00

Long Island (contact Lisa Gesser)  NPRM 11/00/00

Oak Knoll District, CA (contact Joyce Drake)  NPRM 11/00/00

River Junction, CA (contact Tim DeVanney)  NPRM 08/10/00 (65 FR 48953)

San Francisco Bay, CA (contact David Brokaw)  NPRM 10/20/97 (62 FR 
54399)  Comment Period End 01/20/98  Final Action 01/20/99 (64 FR 
3015)  Final Rule 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 11/00/00

West Elks (contact Lisa Gesser)  NPRM 10/16/00 (65 FR 61129)

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
_______________________________________________________________________




2903. 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

[[Page 74349]]

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                    02/00/01

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: 202 927-8210

RIN: 1512-AB46
_______________________________________________________________________




2904. 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 19.1003; 27 CFR 19.1010; 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

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                    12/00/00

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
_______________________________________________________________________




2905. 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                    12/00/00

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
_______________________________________________________________________




2906. IMPLEMENTATION OF PUBLIC LAW 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                    10/00/00

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
_______________________________________________________________________




2907. 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.

[[Page 74350]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/25/99                    64 FR 57413
NPRM Comment Period End         02/22/00
Final Action                    02/00/01

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: 202 927-8210

RIN: 1512-AB97
_______________________________________________________________________




2908. 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                    10/00/00

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


                    ________________________________



2909. 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                    12/00/00

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: 202 927-8210

RIN: 1512-AB64
_______________________________________________________________________




2910. 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                    12/00/00

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: 202 927-8210

RIN: 1512-AB66
_______________________________________________________________________




2911. 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                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

[[Page 74351]]

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

RIN: 1512-AB84
_______________________________________________________________________




2912.  COMMERCE IN FIREARMS AND AMMUNITION--ANNUAL INVENTORY

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 is proposing to amend the regulations to require 
Federally licensed importers, manufacturers, and dealers of firearms to 
take at least one physical inventory each year. The proposed 
regulations also specify the circumstances under which these licensees 
must conduct a special physical inventory. In addition, these proposed 
regulations clarify who is responsible for reporting a firearm that is 
stolen or lost in transit between licensees.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/28/00                    65 FR 52054
Final Action                    01/00/01

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: 202 927-8210

RIN: 1512-AC08



_______________________________________________________________________



PROCEDURAL


                    ________________________________



2913. 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                    12/00/00

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
_______________________________________________________________________




2914. 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                    10/00/00

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
_______________________________________________________________________




2915. 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 (CFR), 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                    10/00/00

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-AC04
_______________________________________________________________________




2916. 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: 26 USC 7805

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.

[[Page 74352]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/00

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
_______________________________________________________________________




2917.  DELEGATION OF AUTHORITY IN PARTS 20, 21 AND 22

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 20; 27 CFR 21; 27 CFR 22

Legal Deadline: None

Abstract: This final rule places all ATF authorities contained in parts 
20, 21 and 22, title 27, Code of Federal Regulations (CFR), with the 
``appropriate ATF officer,'' and requires that persons file documents 
required by such parts with the ``appropriate ATF officer,'' or in 
accordance with the instructions for the ATF form. Also, this final 
rule removes the definitions of, and references to, specific officers 
subordinate to the Director and the word ``region.''

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    11/00/00

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-AC13
_______________________________________________________________________




2918.  TECHNICAL AMENDMENTS TO 27 CFR PARTS 4, 9, 24, 70 AND 275

Priority: Info./Admin./Other

Legal Authority: Not Yet Determined

CFR Citation: 27 CFR 4; 27 CFR 9; 27 CFR 24; 27 CFR 70; 27 CFR 275

Legal Deadline: None

Abstract: This final rule makes technical amendments to revise parts 4, 
9, 24, 70 and 275 of title 27, Code of Federal Regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    10/00/00

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-AC15
_______________________________________________________________________




2919.  DELEGATION OF AUTHORITY IN 27 CFR PART 30

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: 26 USC 7805

CFR Citation: 27 CFR 30

Legal Deadline: None

Abstract: This final rule places all ATF authorities contained in part 
30, title 27, Code of Federal Regulations (CFR), with the ``appropriate 
ATF officer.''

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser, 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-AC16
_______________________________________________________________________




2920.  DELEGATION OF AUTHORITY IN 27 CFR PART 53

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: 26 USC 4181, 4182, 4216, 4219, 4221-4223; 26 USC 4225, 
6001, 6011, 6020, 6021, 6061, 6071; 26 USC 6081, 6091, 6101-6104, 6109, 
6151; 26 USC 6155, 6161, 6301-6303, 6311, 6402, 6404; 26 USC 6416, 7502

CFR Citation: 27 CFR 53

Legal Deadline: None

Abstract: This final rule places all authorities contained in part 53, 
title 27, Code of Federal Regulations (CFR), with the ``appropriate ATF 
officer,'' and requires that persons file documents required by 27 CFR 
part 53 with the ``appropriate ATF officer,'' or in accordance with the 
instructions on the ATF form. This final rule removes definitions of, 
and references to, specific officers and the word ``region.'' It also 
renumbers ATF form 5300.29 to ATF form 5600.28.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser, 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-AC18
_______________________________________________________________________




2921.  DELEGATION OF AUTHORITY IN PART 25

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: 26 USC 7805

CFR Citation: 27 CFR 25

Legal Deadline: None

[[Page 74353]]

Abstract: This final rule places ATF authorities in part 25, title 27, 
Code of Federal Regulations (CFR), with the ``appropriate ATF 
officer,'' and requires that persons file documents required by part 25 
with the ``appropriate ATF officer,'' or in accordance with the 
instructions on the ATF form. Also, this final rule removes the 
definitions of, and references to, specific officers subordinate to the 
Director and the word ``region.''

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/00

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-AC20
_______________________________________________________________________




2922.  DELEGATION OF AUTHORITY IN 27 CFR PART 170

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: 26 USC 5002; 26 USC 5101; 26 USC 5102; 26 USC 5179; 26 
USC 5291; 26 USC 5601; 26 USC 5615; 26 USC 5687; 26 USC 7805

CFR Citation: 27 CFR 170

Legal Deadline: None

Abstract: This final rule places all ATF authorities contained in part 
170, title 27, Code of Federal Regulations (CFR), with the 
``appropriate ATF officer,'' and requires that persons file documents 
required by part 170 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                    11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser, 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-AC23



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2923. BALANCED BUDGET ACT OF 1997, PUBLIC LAW 105-33, RESTRICTION ON THE 
IMPORTATION OF DOMESTIC TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES 
RETURNED TO THE UNITED STATES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5704(b); 26 USC 5704(d); 26 USC 5754; 26 USC 
5702(k); 26 USC 5761(c); PL 105-33

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

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

Abstract: This rule restricts the reimportation of tobacco products, 
cigarette papers and tubes. These products may only be returned for 
delivery to a manufacturer of tobacco products or cigarette papers and 
tubes or to the proprietor of an export warehouse.
It requires mandatory export markings on tobacco products, cigarette 
papers and tubes.
Finally, it identifies additional penalties for relanding of tobacco 
products, cigarette papers and tubes, labeled or shipped for export.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/22/99                    64 FR 71918
Interim Final Rule Comment 
Period End                      02/22/00
Reopening of Comment Period 
Ended                           04/20/00
Final Action                    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-AB81
_______________________________________________________________________




2924. 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                      01/00/01

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

[[Page 74354]]

_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2925. 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]

William Foster
Phone: 202 927-8210

RIN: 1512-AA98
_______________________________________________________________________




2926. 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
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
_______________________________________________________________________




2927. 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
_______________________________________________________________________




2928. 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
_______________________________________________________________________




2929. 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
_______________________________________________________________________




2930. FORMULAS FOR DENATURED ALCOHOL AND RUM

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 21.3; 27 CFR 21.95 to 21.97; 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

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
_______________________________________________________________________




2931. 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

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AB74
_______________________________________________________________________




2932.  SAKE REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205, 211; 26 USC 5052

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: We are considering changes to eliminate confusion as to the 
standards of production, labeling and advertising, and tax 
classification of sake and similar alcohol beverages.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

[[Page 74355]]

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: William Foster, 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-AC09
_______________________________________________________________________




2933.  FLAVORED MALT BEVERAGES

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 211, 205; 26 USC 5052

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: ATF issued Ruling 96-1 to address flavored malt beverages. We 
are considering appropriate actions to follow-up on this ruling.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: William Foster, 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-AC11
_______________________________________________________________________




2934.  REMOVAL OF REQUIREMENT TO DISCLOSE SACCHARIN IN THE 
LABELING OF WINE, DISTILLED SPIRITS AND MALT BEVERAGES

Priority: Info./Admin./Other

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4.32(d); 27 CFR 5.32(b)(6); 27 CFR 7.22(b)(5)

Legal Deadline: None

Abstract: Since the artificial sweetener saccharin is no longer listed 
as an anticipated carcinogen, ATF plans to remove its requirement for a 
warning label on alcohol beverages containing saccharin as soon as the 
law requiring such warnings (21 U.S.C. 343) is repealed or when it 
expires on May 1, 2002.

Timetable: Next Action Undetermined

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-AC17



_______________________________________________________________________



PROCEDURAL


                    ________________________________



2935. 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
_______________________________________________________________________




2936.  PLAIN LANGUAGE IN PART 7

Priority: Substantive, Nonsignificant

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

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 7

Legal Deadline: None

Abstract: This project is to comply with the President's Memorandum to 
revise regulations to plain language. The revision will make no 
substantive changes to the current 27 CFR part 7.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: William Foster, 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-AC10



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2937. 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
Email: [email protected]

RIN: 1512-AB03

[[Page 74356]]

_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________




2938. COUNTRY OF ORIGIN STATEMENTS ON DISTILLED SPIRITS LABELS

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 5.36 (e)

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/02/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB72
_______________________________________________________________________




2939. LABELING OF FLAVORED WINE PRODUCTS

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 4.21

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Notice Reopening Comment Period 04/05/00                    65 FR 17839
Comment Period Closed           05/05/00
Final Action                    10/26/00                    65 FR 59718

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Edward Reisman
Phone: 202 927-8210

RIN: 1512-AB86
_______________________________________________________________________




2940. IMPORTATION OF ARMS, AMMUNITION AND IMPLEMENTS OF WAR

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 47

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/20/00                    65 FR 38194

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James Ficaretta
Phone: 202 927-8210

RIN: 1512-AC02
_______________________________________________________________________




2941. DELEGATION OF AUTHORITY IN 27 CFR PARTS 6, 8, 10 AND 11

Priority: Info./Admin./Other

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/28/00                    65 FR 52018

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AC01
_______________________________________________________________________




2942. IMPLEMENTATION OF PUBLIC LAW 105-33, SECTION 9302, RELATED TO THE 
IMPOSITION OF PERMIT REQUIREMENTS ON ROLL-YOUR-OWN TOBACCO

Priority: Substantive, Nonsignificant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/25/00                    65 FR 57544

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

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

RIN: 1512-AB92
BILLING CODE 4810-31-S
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Bureau of the Public Debt (BPD)



_______________________________________________________________________




2943. REGULATIONS GOVERNING COLLATERAL ACCEPTABILITY AND VALUATION

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 380 (New)

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/13/00                    65 FR 55426
Final Action Effective          10/13/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Kurt Eidemiller
Phone: 202 691-3632
Email: [email protected]

RIN: 1535-AA00
BILLING CODE 4830-01-S
_______________________________________________________________________


Department of the Treasury (TREAS)                        Prerule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2944. 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 9

Legal Deadline: None

Abstract: The OCC is planning to issue a notice of proposed rulemaking 
(NPRM) and advance notice of proposed rulemaking (ANPRM) that would 
amend 12 CFR part 9. The NPRM codifies OCC interpretations on national 
bank multi-state trust operations. The ANPRM would solicit comments on 
the standards of care generally applicable to the exercise of national 
bank fiduciary powers authorized by 12 U.S.C. 92a and part 9.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State

[[Page 74357]]

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, Legislative and Regulatory 
Activities Division, 250 E Street SW
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB79
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2945. 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; (4) bifurcated capital for complex and noncomplex 
banks; and (5) residual interests. The OCC is conducting all of these 
rulemakings jointly with the other Federal banking agencies.

Timetable:
________________________________________________________________________

Bifurcated Capital for Complex and Noncomplex Banks  ANPRM 12/00/00

Claims on Securities Firms  NPRM 12/00/00

Collateralized Transactions  NPRM 08/16/96 (61 FR 42565)  Final Action 
12/00/00

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  Final Rule 12/00/00

Residual Interests  NPRM 09/27/00 (65 FR 57993)  NPRM Comment Period 
End 12/26/00  Final Rule 04/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: ADDITIONAL AGENCY CONTACT: Amrit Sekhon, Risk 
Specialist, Capital Policy Division, (202) 874-5211, 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
_______________________________________________________________________




2946. UNIFORM RULES OF PRACTICE AND PROCEDURE; REGULATION REVIEW

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 504; 12 USC 1831o; 12 USC 1972; 12 USC 3102; 12 
USC 3108; 12 USC 3909; 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

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
_______________________________________________________________________




2947. 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                            11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jean Campbell, 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-AB75
_______________________________________________________________________




2948. ELECTRONIC BANKING

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The OCC is proposing changes to remove certain impediments to 
bank use of technology. These changes also would codify recent OCC 
opinions relating to electronic banking activities.

[[Page 74358]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           02/02/00                     65 FR 4895
ANPRM Comment Period End        04/03/00
NPRM                            11/00/00

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, 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-AB76
_______________________________________________________________________




2949. 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 U.S.C. 1681a(d)).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/20/00                    65 FR 63120
NPRM Comment Period End         12/04/00
Final Rule                      01/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1557-AB78
_______________________________________________________________________




2950. CONSUMER PROTECTIONS FOR DEPOSITORY INSTITUTION SALES OF INSURANCE

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: 12 CFR 14

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 
products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/21/00                    65 FR 50882
NPRM Comment Period End         10/05/00                    65 FR 50882
Final Rule                      11/00/00

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, Legislative and Regulatory 
Activities Division, 250 E Street SW
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB81
_______________________________________________________________________




2951. LENDING LIMITS

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 32

Legal Deadline: None

Abstract: The OCC is proposing to amend its lending limit rules, 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                            09/22/00                    65 FR 57292
NPRM Comment Period End         11/21/00
Final Rule                      01/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

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

RIN: 1557-AB82
_______________________________________________________________________




2952.  INVESTMENT SECURITIES; BANK ACTIVITIES AND OPERATIONS; 
LEASING

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1; 12 USC 24 (seventh); 12 USC 92; 12 USC 92a; 
12 USC 93; ...

CFR Citation: 12 CFR 1; 12 CFR 7; 12 CFR 23

Legal Deadline: None

Abstract: The OCC is proposing to amend 12 CFR part 1 to conform to the 
Gramm-Leach-Bliley Act, section 151, grant of authority for national 
banks to underwrite municipal bonds. The OCC is also proposing to amend 
12 CFR part 7 to: (1) clarify the conditions under which a national 
bank may participate in a bond fide financial literacy program at a 
school without the school location being deemed a branch of the bank 
under the McFadden Act; (2) revise the OCC's regulation governing bank 
holidays to conform with the Comptroller's statutory authority to 
proclaim mandatory bank closings; (3) clarify the scope of the term 
``NSF'' fees for purposes of 12 U.S.C. 85; (4) clarify the OCC's 
current regulation governing national banks' non-interest charges and 
fees; and (5) provide that state law applies to a national bank 
operating subsidiary only to the extent that it applies to the parent 
national bank. The OCC is also proposing to amend 12 CFR part 23 to 
prescribe a percentage limit on the extent to which a national bank may 
rely on estimated residual value to

[[Page 74359]]

recover its costs in personal property leasing arrangements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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, Legislative and Regulatory 
Activities Division, 250 E Street SW
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB89
_______________________________________________________________________




2953.  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 1867; 12 
USC 3102; 12 USC 3108; 15 USC 78e; 15 USC 78l; 26 DC Code

CFR Citation: 12 CFR 8

Legal Deadline: None

Abstract: This rulemaking would revise the OCC's assessments regulation 
to specify that the OCC may charge a national bank when the OCC 
conducts a special examination or investigation of a third party that 
provides services to the bank.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

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-AB90
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2954. 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 adjust the OCC's assessment structure to better 
reflect the full extent of the OCC's regulation, supervision, and 
examination of 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                    11/00/00

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
_______________________________________________________________________




2955. 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 with Request for 
Comment                         01/00/01

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, Legislative and Regulatory 
Activities Division, 250 E Street SW
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB83
_______________________________________________________________________




2956.  INTERAGENCY GUIDELINES ESTABLISHING STANDARDS FOR 
SAFEGUARDING CUSTOMER INFORMATION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 12 USC 1831p-1; 15 USC 6801; 15 USC 6805

CFR Citation: 12 CFR 30, app D

Legal Deadline: None

Abstract: The OCC, together with the other Federal banking agencies, 
are requesting comment on proposed guidelines establishing standards 
for safeguarding customer information that implement section 39 of the 
Federal Deposit Insurance Act and sections 501 and 505(b) of the Gramm-
Leach-Bliley Act.

[[Page 74360]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/26/00                    65 FR 39472
NPRM Comment Period End         08/25/00
Final Rule                      11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

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

RIN: 1557-AB84
_______________________________________________________________________




2957.  DISCLOSURE AND REPORTING OF CRA RELATED AGREEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1831y

CFR Citation: 12 CFR 35

Legal Deadline: None

Abstract: The proposed rule implements section 711 of the Gramm-Leach-
Bliley Act, which imposes disclosure and reporting requirements with 
respect to certain CRA-related agreements between insured depository 
institutions and their affiliates and nongovernmental persons or 
entities, such as community organizations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/19/00                    65 FR 31962
NPRM Comment Period End         07/21/00
Final Rule                      11/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Karen Solomon, Director, Department of the Treasury, 
Comptroller of the Currency, Legislative and Regulatory Activities 
Division
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB85
_______________________________________________________________________




2958.  RULES OF PRACTICE AND PROCEDURE

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 504; 12 USC 93a; 12 USC 93(b); 12 USC 164; 12 
USC 505; 12 USC 1817

CFR Citation: 12 CFR 19

Legal Deadline: None

Abstract: The OCC is amending its rules of practice and procedure to 
adjust the maximum amount, as set by statute, of each civil money 
penalty within its jurisdiction to account for inflation. This action 
is required under the Federal Civil Penalties Inflation Adjustment Act, 
as amended by the Debt Collection Improvement Act of 1996. This action 
will increase the amount of civil monetary penalties that may be 
imposed by the OCC in an enforcement action in the amounts set forth in 
the final rule.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jean Campbell, 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-AB88
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Comptroller of the Currency (OCC)



_______________________________________________________________________




2959. 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 nondeposit 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
_______________________________________________________________________




2960. 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


_______________________________________________________________________



[[Page 74361]]

2961. 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
_______________________________________________________________________




2962. 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                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patrick Tierney, 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
Email: [email protected]

RIN: 1557-AB71
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Comptroller of the Currency (OCC)



_______________________________________________________________________




2963. PRIVACY

Priority: Substantive, Nonsignificant

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

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                      06/01/00                    65 FR 35162
Final Rule Effective            11/13/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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-AB77
_______________________________________________________________________




2964.  OTHER EQUITY INVESTMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a

CFR Citation: 12 CFR 5

Legal Deadline: None

Abstract: This final rule makes a technical correction to the OCC's 
equity investment rule (12 CFR 5.36) to clarify that a national bank 
that wishes to use the notice procedure to make a noncontrolling 
investment in an enterprise must certify that its loss exposure is 
limited, as a legal and accounting matter, and that it does not have 
open-ended liability for the obligations of the enterprise.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      07/06/00                    65 FR 41559
Final Rule Effective            07/06/00                    65 FR 41559

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, 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-AB86
BILLING CODE 4810-33-S

[[Page 74362]]

_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2965. 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                            05/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1515-AB66
_______________________________________________________________________




2966. DETENTION, SEIZURE, AND FORFEITURE OF ``BOOTLEG'' SOUND RECORDING 
AND MUSIC VIDEOS OF LIVE MUSICAL PERFORMANCES

Priority: Substantive, Nonsignificant

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

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                            05/00/01

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
_______________________________________________________________________




2967. 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                            08/00/01

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
_______________________________________________________________________




2968. 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 
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                            12/00/00

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


_______________________________________________________________________



[[Page 74363]]

2969.  USER AND NAVIGATION FEES; OTHER REIMBURSABLE CHARGES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 58a; 19 USC 58b; 19 USC 58c; 19 USC 
66; 19 USC 1202; 19 USC 1431; 19 USC 1433; 19 USC 1434; 19 USC 1505; 19 
USC 1624; 31 USC 9701; 46 USC 2110; 46 USC 2111; 46 USC 2112

CFR Citation: 19 CFR 4; 19 CFR 24; 19 CFR 101

Legal Deadline: None

Abstract: Amendment regarding the proper assessment of user and 
navigation fees, as well as other reimbursement charges for Customs 
services performed in connection with, among other things, the 
processing of vehicles, vessels, aircraft and merchandise arriving in 
the United States. Purpose of the amendment is to conform the 
regulations with the intent of the Customs user fee statute and to 
reflect existing operational policy and administrative practice in this 
area.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kimberly Nott, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-1364

RIN: 1515-AC63
_______________________________________________________________________




2970.  SIMPLIFICATION OF IN-TRANSIT TRUCK SHIPMENTS BETWEEN 
CANADA AND THE UNITED STATES

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 1431; 19 USC 1433; 19 
USC 1436; 19 USC 1448; 19 USC 1553; 19 USC 1624

CFR Citation: 19 CFR 123

Legal Deadline: None

Abstract: Amendment to simplify reporting procedures for the in-transit 
movement of truck shipments between Canada and the United States. 
Amendment is designed to reduce traffic congestion along the northern 
border by reducing the number of reporting stops.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

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

Walter Lechowski, Assistant Director, Operations, Department of the 
Treasury, United States Customs Service, East Great Lakes CMC, Buffalo, 
NY
Phone: 716 626-0400

RIN: 1515-AC65
_______________________________________________________________________




2971.  NATIONAL SANCTIONS DUE TO THE DELINQUENT PAYMENT OF 
CUSTOMS BILLS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 142

Legal Deadline: None

Abstract: Amendment to provide that Customs will issue sanction 
warnings from a centralized site at the national level to importers 
that have delinquent Customs bills. The nationally issued sanction 
warnings will notify an importer that if Customs does not receive full 
payment of all the importer's delinquent Customs bills within the time 
specified in the sanction warning, sanctions will be imposed nationally 
on all of the importer's transactions at all Customs ports.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

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-AC68
_______________________________________________________________________




2972.  CUSTOMS EXAMINATION OF IN-TRANSIT MAIL SHIPMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 145

Legal Deadline: None

Abstract: Amendment to provide that Customs has the authority to 
examine and search international mail without regard as to whether it 
is transiting the United States or the U.S. Virgin Islands, or is being 
delivered within the Customs territory of the United States or the U.S. 
Virgin Islands.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

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-AC71
_______________________________________________________________________




2973.  PRIVATE AIRCRAFT PROGRAMS: ESTABLISHMENT OF THE GENERAL 
AVIATION TELEPHONIC ENTRY (GATE) PROGRAM AND REVISIONS TO THE OVERFLIGHT 
PROGRAM

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 58b; 19 USC 66; 19 USC 1433; 19 USC 
1436; 19 USC 1448; 19 USC 1459; 19 USC 1590; 19 USC 1594; 19 USC 1623; 
19 USC 1624; 19 USC 1644; 19 USC 1644a

CFR Citation: 19 CFR 122; 19 CFR 123

Legal Deadline: None

Abstract: Amendment provides for the GATE Program and revises the

[[Page 74364]]

Overflight Program. The GATE Program is a voluntary program designed to 
facilitate Customs processing of certain prequalified frequent 
travelers on preregistered general aviation aircraft arriving in the 
United States directly from Canada. The Overflight Program exempts 
certain private aircraft arriving in the continental United States from 
the special landing requirements applicable to such aircraft. The 
revision to the Overflight Program involves modifying the application 
process and centralizing the processing of requests for overflight 
privileges.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Steve Gilbert, Programs Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-1391

RIN: 1515-AC73
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2974. 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                    04/00/01

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
_______________________________________________________________________




2975. 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                    07/00/01

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
_______________________________________________________________________




2976. 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
Final Action                    04/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joanne R. Stump, Chief, Intellectual Property Rights, 
Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-3315

RIN: 1515-AC15


_______________________________________________________________________



[[Page 74365]]

2977. FOREIGN REPAIRS TO AMERICAN VESSELS

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 46 USC app 91; 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

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
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Larry L. Burton, Chief, Entry Procedures and Carriers 
Branch, Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-2269

RIN: 1515-AC30
_______________________________________________________________________




2978. 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 
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         04/26/00
Final Action                    05/00/01

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
_______________________________________________________________________




2979. 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 197; 19 USC 198; 19 USC 58a; 19 USC 
58b; 19 USC 58c; 19 USC 66; 19 USC 1202; 19 USC 1450; 19 USC 1624; 31 
USC 9701

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 noncommercial 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 noncommercial entities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/17/99                    64 FR 13141
NPRM Comment Period End         05/17/99
Final Action                    07/00/01

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
_______________________________________________________________________




2980. 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

[[Page 74366]]

NPRM Comment Period End         04/10/00
Final Action                    12/00/00

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
_______________________________________________________________________




2981. 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                    03/00/01

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
_______________________________________________________________________




2982. 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                    12/00/00

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
_______________________________________________________________________




2983. 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                    11/00/00

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
_______________________________________________________________________




2984. 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

[[Page 74367]]

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                            07/12/00                    65 FR 42893
NPRM Comment Period End         09/11/00
Final Action                    02/00/01

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
_______________________________________________________________________




2985. 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                            06/15/00                    65 FR 37501
NPRM Comment Period End         08/14/00
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Larry L. Burton, Chief, Entry Procedures and Carriers 
Branch, Department of the Treasury, United States Customs Service, 1300 
Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-2269

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
_______________________________________________________________________




2986. 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                            06/29/00                    65 FR 40067
NPRM Comment Period End         08/28/00
Final Action                    02/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dixie 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
_______________________________________________________________________




2987.  ENTRY OF SOFTWOOD LUMBER SHIPMENTS FROM CANADA

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1484; 19 USC 
1624; 19 USC 2416(a); 19 USC 2171

CFR Citation: 19 CFR 12

Legal Deadline: None

Abstract: Amendment to the provision in the Customs Regulations that 
sets forth entry requirements for shipments of softwood lumber from 
Canada under the agreement between the Governments of the United States 
and Canada regarding trade in softwood lumber. Amendment implements an 
amendment to the softwood lumber agreement involving the addition of 
two export fee payment status categories covering softwood lumber from 
the Canadian province of British Columbia.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              05/23/00                    65 FR 33251
Interim Final Rule Effective    05/23/00
Interim Final Rule Comment 
Period End                      07/24/00
Final Action                    07/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dixie 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-AC62
_______________________________________________________________________




2988.  MERCHANDISE PROCESSING FEE ELIGIBLE TO BE CLAIMED AS 
UNUSED MERCHANDISE DRAWBACK

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1202; 19 USC 1313; 19 USC 
1624

CFR Citation: 19 CFR 191

Legal Deadline: None

Abstract: Amendment to indicate that merchandise processing fees are 
eligible to be claimed as unused merchandise drawback. The change is 
made to reflect a recent court decision in which merchandise processing 
fees were found to be assessed under Federal law and imposed by reason 
of importation and therefore eligible to be claimed as unused 
merchandise drawback pursuant to 19 U.S.C. 1313(j).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

[[Page 74368]]

Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-2077

RIN: 1515-AC67
_______________________________________________________________________




2989.  CIVIL ASSET FORFEITURE

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 18 USC 983; 19 USC 66; 19 USC 1592; 19 USC 
1593a; 19 USC 1624

CFR Citation: 19 CFR 162; 19 CFR 171

Legal Deadline: None

Abstract: Amendment to implement the provisions of the Civil Asset 
Forfeiture Reform Act of 2000 (CAFRA), insofar as these provisions are 
applicable to laws enforced by Customs. The CAFRA creates general rules 
governing civil forfeiture proceedings. However, CAFRA specifically 
exempts from certain of its requirements forfeitures that are made 
under a number of statutes, among those being: the Tariff Act of 1930 
or any other provision of law codified in title 19, U.S.C.; the 
Internal Revenue Code of 1986; the Federal Food, Drug, and Cosmetic 
Act; and the Trading with the Enemy Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              10/00/00

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-AC69
_______________________________________________________________________




2990.  AFRICAN GROWTH AND OPPORTUNITY ACT AND GENERALIZED SYSTEM 
OF PREFERENCES

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 
2461; 19 USC 3314; 19 USC 3721

CFR Citation: 19 CFR 10; 19 CFR 163

Legal Deadline: Final, Statutory, October 1, 2000, Public Law 106-200.

Abstract: Amendments to implement the trade benefit provisions for sub-
Saharan Africa contained in title I of the Trade and Development Act of 
2000. The trade benefits under title I, also referred to as the African 
Growth and Opportunity Act, apply to sub-Saharan African countries 
designated by the President and involve the extension of duty-free 
treatment under the Generalized System of Preferences (GSP) to non-
import-sensitive, non-textile articles normally excluded from GSP duty-
free treatment, and the entry of specific textile and apparel articles 
free of duty and fee of any quantitative limits.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              10/05/00                    65 FR 59668
Interim Final Rule Effective    10/01/00
Interim Final Rule Comment 
Period End                      12/04/00
Final Action                    05/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cynthia Reese, Senior Attorney, Department of the 
Treasury, United States Customs Service, Office of Regulations and 
Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-1361

Cathy Sauceda, Trade Operations Officer, Department of the Treasury, 
United States Customs Service, Office of Field Operations, 1300 
Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-4198

RIN: 1515-AC72
_______________________________________________________________________




2991.  EXPANDED WEEKLY ENTRY PROCEDURE FOR FOREIGN TRADE ZONES

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 81a to 81u; 19 USC 1202; 19 USC 
1484i; 19 USC 1623; 19 USC 1624

CFR Citation: 19 CFR 146

Legal Deadline: None

Abstract: Amendment in conformance with the Trade and Development Act 
of 2000 to expand the weekly entry procedure for foreign trade zones to 
include merchandise involved in activities other than exclusively 
assembly-line production operations. Under the expanded weekly 
procedure, weekly entries covering estimated removals of merchandise 
from a foreign trade zone for any 7-day period and the associated entry 
summaries will have to be filed exclusively through the Automated 
Broker Interface, with duties, fees and taxes being scheduled for 
payment through the Automated Clearinghouse.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Bruce Ingalls, Chief, Entry Branch, Office of Trade 
Compliance, Department of the Treasury, United States Customs Service, 
Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, 
DC 20229
Phone: 202 927-0380

RIN: 1515-AC74

[[Page 74369]]

_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2992. 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
_______________________________________________________________________




2993. 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
_______________________________________________________________________




2994. AUTOMATED SURETY INTERFACE

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 113

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Diane Hundertmark
Phone: 202 927-0355

RIN: 1515-AB25
_______________________________________________________________________




2995. 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
_______________________________________________________________________




2996. 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
_______________________________________________________________________




2997. 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
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
_______________________________________________________________________




2998. RECONCILIATION

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 142; 19 CFR 159

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John Durant
Phone: 202 927-2244

RIN: 1515-AB85
_______________________________________________________________________




2999. 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
_______________________________________________________________________




3000. 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
_______________________________________________________________________




3001. 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


_______________________________________________________________________



[[Page 74370]]

3002. 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
_______________________________________________________________________




3003. NAFTA PREFERENCE OVERRIDE

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 102

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Burton Schlissel
Phone: 202 927-2310

RIN: 1515-AC25
_______________________________________________________________________




3004. INFORMAL ENTRY OF LOW-VALUE DUTY-FREE MERCHANDISE

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 143

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Craig Clark
Phone: 202 927-2317

RIN: 1515-AC38
_______________________________________________________________________




3005. PERSONAL USE LIMITATION FOR PURCHASES AT DUTY-FREE STORES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 19

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Creighton W. Goldsmith
Phone: 808 522-8080
Email: [email protected]

RIN: 1515-AC50
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


United States Customs Service (CUSTOMS)



_______________________________________________________________________




3006. COUNTRY-OF-ORIGIN MARKING FOR WATCHES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 134

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       06/02/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Burton Schlissel
Phone: 202 927-2310

RIN: 1515-AB68
_______________________________________________________________________




3007. INTEREST ON UNDERPAYMENTS AND OVERPAYMENTS OF CUSTOMS DUTIES, FEES 
AND INTEREST

Priority: Substantive, Nonsignificant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/17/00                    65 FR 31261
Final Action Effective          05/17/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert Reiley
Phone: 202 927-1504

RIN: 1515-AB76
_______________________________________________________________________




3008. ELECTRONIC REQUESTS FOR CONFIDENTIAL TREATMENT OF EXPORT MANIFEST 
DATA

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 103

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       06/02/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Carla Brooks
Phone: 202 927-2246

RIN: 1515-AB89
_______________________________________________________________________




3009. PETITIONS FOR RELIEF; SEIZURES, PENALTIES, AND LIQUIDATED DAMAGES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 171; 19 CFR 162; 19 CFR 10; 19 CFR 12; 19 CFR 172; 
19 CFR 18; 19 CFR 24; 19 CFR 111; 19 CFR 113; 19 CFR 114; 19 CFR 125; 
19 CFR 145

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/05/00                    65 FR 53565
Final Action Effective          10/05/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeremy Baskin
Phone: 202 927-1176

RIN: 1515-AC01
_______________________________________________________________________




3010. GUIDELINES FOR THE IMPOSITION AND MITIGATION OF PENALTIES FOR 
VIOLATION OF 19 USC 1592

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 171

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/23/00                    65 FR 39087
Final Action Effective          07/24/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1515-AC08


_______________________________________________________________________



[[Page 74371]]

3011. VESSEL EQUIPMENT TEMPORARILY LANDED FOR REPAIR

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 4

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/20/00                    65 FR 56788
Final Action Effective          10/20/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Larry L. Burton
Phone: 202 927-2269

RIN: 1515-AC35
_______________________________________________________________________




3012. FORCED OR INDENTURED CHILD LABOR

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 12

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/26/00                    65 FR 45873
Final Action Effective          08/25/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Glen E. Vereb
Phone: 202 927-1327

RIN: 1515-AC36
_______________________________________________________________________




3013. ENDORSEMENT OF CHECKS DEPOSITED BY U.S. CUSTOMS SERVICE

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 24

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/20/00                    65 FR 56790
Final Action Effective          10/20/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jo Cohen
Phone: 202 927-6140

RIN: 1515-AC48
_______________________________________________________________________




3014. LOCATION OF DUTY-FREE STORES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 19

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/17/00                    65 FR 31260
Final Action Effective          05/17/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William G. Rosoff
Phone: 202 927-2077

RIN: 1515-AC53
_______________________________________________________________________




3015. EXPORT CERTIFICATES FOR SUGAR-CONTAINING PRODUCTS SUBJECT TO 
TARIFF-RATE QUOTA

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 132

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule Comment 
Period End                      04/04/00
Final Action                    07/14/00                    65 FR 43689
Final Action Effective          07/14/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Leon Hayward
Phone: 202 927-9704

RIN: 1515-AC55
_______________________________________________________________________




3016. SUMMARY FORFEITURE OF CONTROLLED SUBSTANCES

Priority: Routine and Frequent

CFR Citation: 19 CFR 162

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/23/00                    65 FR 33254
Final Action Effective          05/23/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Todd Schneider
Phone: 202 927-1694

RIN: 1515-AC60
_______________________________________________________________________




3017.  EXTENSION OF IMPORT RESTRICTIONS IMPOSED ON CERTAIN 
CATEGORIES OF ARCHEOLOGICAL MATERIAL FROM THE PREHISPANIC CULTURES OF 
THE REPUBLIC OF EL SALVADOR

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 to reflect the extension of the import restrictions 
on certain categories of archaeological material from the Prehispanic 
cultures of the Republic of El Salvador, which were imposed by T.D. 95-
20. These restrictions are imposed pursuant to determinations of the 
United States Department of State made 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                    03/09/00                    65 FR 12470
Final Action Effective          03/08/00

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: 202 927-1996

Alfred Morawski, Chief, Other Government Agencies Branch, Department of 
the Treasury, United States Customs Service, Office of Field 
Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0402

RIN: 1515-AC61
BILLING CODE 4820-02-S

[[Page 74372]]

_______________________________________________________________________


Department of the Treasury (TREAS)                        Prerule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




3018.  INTEREST FREE ADJUSTMENTS UNDER SECTION 6205

Priority: Info./Admin./Other

Legal Authority: 26 USC 6205

CFR Citation: 26 CFR 31

Legal Deadline: None

Abstract: The current regulations under section 6205 of the Internal 
Revenue Code will be modified to clarify that, once a taxpayer has 
exhausted all internal appeal rights with the Service, interest-free 
adjustments are no longer allowed.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: Federal

Additional Information: REG-110374-00
Drafting attorney: Lynne A. Camillo (202) 622-6040
Reviewing attorney: Jerry Holmes (202) 622-6040
Treasury attorney: Kevin Knopf (202) 622-2329
CC:TEGE

Agency Contact: Lynne A. Camillo, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6040

RIN: 1545-AY21
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




3019. 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
_______________________________________________________________________




3020. 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

Government Levels Affected: None

Additional Information: REG-209006-89 (INTL-089-89)
Drafting attorney: Philip L. 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
_______________________________________________________________________




3021. 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

[[Page 74373]]

Phone: 202 622-3840

RIN: 1545-AO25
_______________________________________________________________________




3022. 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
_______________________________________________________________________




3023. 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: Ginny Y. Chung (202) 622-3870
Reviewing attorney: Jeff Dorfman (202) 622-3870
Treasury attorney: Patrick 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-AR20
_______________________________________________________________________




3024. SECTION 6048 REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6048

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This document revises regulations relating to certain foreign 
trusts under section 6048 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-209594-92 (INTL-067-92)
Drafting attorney: Karen Rennie 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 Rennie Quarrie, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3880

RIN: 1545-AR25
_______________________________________________________________________




3025. REPORTING REQUIREMENTS FOR WIDELY HELD FIXED INVESTMENT TRUSTS

Priority: Substantive, Nonsignificant

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

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                     10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106871-00 (PS-6-96)
Drafting attorney: Faith Colson (202) 622-3060
Reviewing attorney: H. Grace Kim (202) 622-3060
Treasury attorney: Michael Novey (202) 622-1339
CC: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
_______________________________________________________________________




3026. 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.

[[Page 74374]]

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) 622-3630
CC:P&A:CB&S

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
_______________________________________________________________________




3027. ELECTING SMALL BUSINESS TRUST

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

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 Corporations, 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: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
_______________________________________________________________________




3028. 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 M. 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
_______________________________________________________________________




3029. 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

Abstract: The regulation 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                            03/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

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

RIN: 1545-AU95
_______________________________________________________________________




3030. 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 B. Connelly (202) 622-3630
Reviewing attorney: Robert Miller (202) 622-3630
CC:P&A:CB&S

Agency Contact: Kevin B. Connelly, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service,

[[Page 74375]]

1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-3630

RIN: 1545-AU97
_______________________________________________________________________




3031. 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. Section 
1102(d)(1)(B) of RRA 98 changed ``Taxpayer Advocate'' to ``National 
Taxpayer Advocate'' as a person who determines what is in the best 
interest of the taxpayer. The regulations set forth the circumstances 
in which the Secretary may return property and procedures to implement 
these sections.

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 B. Connelly (202) 622-3630
Reviewing attorney: Robert Miller (202) 622-3630
Treasury attorney: Rita Cavanagh (202) 622-1981
CC:P&A:CB&S

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
_______________________________________________________________________




3032. FOREIGN TAX CREDIT ANTIABUSE 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
_______________________________________________________________________




3033. 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:IT&A

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

RIN: 1545-AW00
_______________________________________________________________________




3034. 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) 622-6080
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: William Bortz (202) 622-1352
CC:TEGE
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 Weinheimer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AW02
_______________________________________________________________________




3035. 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

[[Page 74376]]

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 S. Kirwan (202) 622-3130
Reviewing attorney: Richard Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC: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
_______________________________________________________________________




3036. 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 for certain qualified family-owned business interests.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/00/01

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:P&SI

Agency Contact: Leslie H. Finlow, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7860

RIN: 1545-AW21
_______________________________________________________________________




3037. 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: Undetermined

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: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
_______________________________________________________________________




3038. 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: Milton M. Cahn (202) 622-3870
Reviewing attorneys: Jeffrey Dorfman and Rebeca I. Rosenberg
 (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-AW33
_______________________________________________________________________




3039. 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) 622-3080
Reviewing attorney: William P. O'Shea (202) 622-3070
Treasury attorney: Beth Kaufman (202) 622-1766
CC: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: 202 622-3080

RIN: 1545-AW35


_______________________________________________________________________



[[Page 74377]]

3040. 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: The regulation 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 M. Crisalli (202) 622-4920
Reviewing attorney: Robert Berkovsky (202) 622-4920
Treasury attorney: Michael Novey (202) 622-1339
CC: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
_______________________________________________________________________




3041. MERCHANDISE REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 471; 26 USC 7805; 26 USC 263A; 26 USC 446; ...

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

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122333-97
Drafting attorney: Cheryl Lynn Oseekey (202) 622-4970
Reviewing attorney: Eric Pleet (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:IT&A

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

RIN: 1545-AW61
_______________________________________________________________________




3042. 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) 622-4940
Reviewing attorney: Judith Wall (202) 622-4940
Treasury attorney: Lily Kahng (202) 622-0160
CC:IT&A

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

RIN: 1545-AW64
_______________________________________________________________________




3043. 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                            12/00/00

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) 622-5694
Reviewing attorney: Jonathan Zelnik (202) 622-3920
Treasury attorney: Michael Novey (202) 622-1339
CC:FI&P

Agency Contact: Victoria Scotto Balacek, Attorney-Advisor, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-5695
Fax: 202 622-5694

RIN: 1545-AW97
_______________________________________________________________________




3044. QUALIFIED OFFERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

[[Page 74378]]

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 D. Moffitt (202) 622-7900
Reviewing attorney: Henry Schneiderman (202) 622-7820
Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:IT&A

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
_______________________________________________________________________




3045. NOTICE OF CONTACT OF THIRD PARTIES--SECTION 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. The Restructuring and Reform Act of 1998, section 
3417(a), created a new section 7602(c), which requires that the IRS may 
not contact third parties with request to the determination or 
collection of the tax liability of a taxpayer without providing 
reasonable notice to the taxpayer in advance. It also requires the IRS 
to keep a list of contacts and provide it periodically to the taxpayer.

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 T. Camp (202) 622-3630
Reviewing attorney: Larry Schattner (202) 622-3630
CC:P&A:CB&S

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

RIN: 1545-AX04
_______________________________________________________________________




3046. HIGHWAY VEHICLE--DEFINITION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 48

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 H. Weberman (202) 622-3130
Reviewing attorney: Richard Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC: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
_______________________________________________________________________




3047. 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
NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

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: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
_______________________________________________________________________




3048. 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 II (202) 622-3110
Reviewing attorney: Charles B. Ramsey (202) 622-3110
Treasury attorney: Christopher Ohmes (202) 622-0865
CC:P&SI

Agency Contact: Bernard P. Harvey II, Attorney-Advisor, Department of 
the

[[Page 74379]]

Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3110

RIN: 1545-AX12
_______________________________________________________________________




3049. 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                            03/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-107335-99
Drafting attorney: Kenneth Christman (202) 622-3950
Reviewing attorney: Robert Williams (202) 622-3960
Treasury attorney: Michael Novey (202) 622-1339
CC:FI&P

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

RIN: 1545-AX16
_______________________________________________________________________




3050. 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) 622-6224
Reviewing attorney: Thomas Luxner (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:IT&A

Agency Contact: Jeffery Mitchell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6224

RIN: 1545-AX21
_______________________________________________________________________




3051. SECTIONS 401(K) AND 410(M) CASH OR DEFERRED ARRANGEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

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: R. Lisa Mojiri-Azad (202) 622-6080
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: W. Thomas Reeder (202) 622-1341
CC:TEGE

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

R. Lisa Mojiri-Azad, Senior Attorney, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-6080

RIN: 1545-AX26
_______________________________________________________________________




3052. 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:P&A:APJP

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


_______________________________________________________________________



[[Page 74380]]

3053. 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:TEGE

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

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

RIN: 1545-AX34
_______________________________________________________________________




3054. DEFINITION OF ``ISSUED'' WITH REGARD TO CHIEF COUNSEL ADVICE

Priority: Substantive, Nonsignificant

Legal Authority: PL 105-206, sec 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:P&A:D&PL

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
_______________________________________________________________________




3055. 401(K) AND 401(M) REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

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: R. Lisa Mojiri-Azad (202) 622-6080
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: Donald Wellington (202) 622-1332
CC:TEGE

Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AX43
_______________________________________________________________________




3056. 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 Temple Dubert (202) 622-3071
Reviewing attorney: Jonathan Zelnik (202) 622-3920
Treasury attorney: Michael Novey (202) 622-1339
CC:FI&P

Agency Contact: Alexa Temple Dubert, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3071

RIN: 1545-AX45
_______________________________________________________________________




3057. 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 U.S.C. 7430, relating to 
the awarding of attorney's fees in administrative and court 
proceedings. The amendments to 26 U.S.C. 7430 were enacted under the

[[Page 74381]]

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: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
_______________________________________________________________________




3058. 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 Patricio Silva (202) 622-7750
Reviewing attorney: Mark S. Jennings (202) 622-7750
CC: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
_______________________________________________________________________




3059. 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: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
_______________________________________________________________________




3060. 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) 622-6060
Reviewing attorney: Robert Patchell (202) 622-6060
CC:TEGE

Agency Contact: Cheryl E. Press, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060
Fax: 202 622-4631

RIN: 1545-AX52
_______________________________________________________________________




3061. 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: Robert A. Martin (202) 622-7638
Reviewing attorney: Mark Smith (202) 622-3012
Treasury attorney: Louise Epstein (202) 622-1778
CC:FI&P

Agency Contact: Robert A. Martin, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7638

RIN: 1545-AX54
_______________________________________________________________________




3062. DEFINITION OF PRIVATE ACTIVITY BOND--REFUNDING REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

[[Page 74382]]

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
CC: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
_______________________________________________________________________




3063. AGENT FOR THE GROUP UNDER SECTION 1.1502-77

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Revises the rules under section 1.1502-77 governing the 
common parent as agent for the consolidated group and the designation 
of a new agent when the common parent ceases to exist.

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-103805-99
Drafting attorney: Gerald B. Fleming (202) 622-7930
Reviewing attorney: Steven J. Hankin (202) 622-7930
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:CORP

Agency Contact: George Robert Johnson, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7930
Fax: 202 622-6889

Gerald B. Fleming, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-7930
Fax: 202 622-6889

RIN: 1545-AX56
_______________________________________________________________________




3064. 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: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
_______________________________________________________________________




3065. TIERED STRUCTURES--ESBTS AND ESOPS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 444

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations will provide guidance on 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: Undetermined

Government Levels Affected: None

Additional Information: REG-116813-99
Drafting attorney: James A. Quinn (202) 622-3060
 Bradford Poston (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
_______________________________________________________________________




3066. CLARIFICATION OF ENTITY CLASSIFICATION RULES REGARDING ENTITIES 
CLASSIFIED AS CORPORATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

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 B. Evans (202) 622-3860

[[Page 74383]]

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
_______________________________________________________________________




3067. 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 
percent 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 A. Fung (202) 622-3840
Reviewing Attorney: Philip Garlett (202) 622-3840
Treasury Attorney: Michael Caballero (202) 622-0851
CC:INTL

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

RIN: 1545-AX78
_______________________________________________________________________




3068. 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 
1970s.

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) 622-4570
Reviewing attorney: David Fish (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:D&PL

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
_______________________________________________________________________




3069. PROCUREMENT/PURCHASING CARD REPORTING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6041; 26 USC 3406

CFR Citation: 26 CFR 1

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 J. Welch (202) 622-4910
CC:P&A:APJP

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: 202 622-6232

RIN: 1545-AX86
_______________________________________________________________________




3070.  STATUTE OF LIMITATIONS ON COLLECTION INSTALLMENT 
AGREEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6331(k)

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The purpose of this regulation is to provide for the 
prohibition of levy while an installment agreement is pending with the 
Secretary, while an installment agreement is in effect, and following 
the rejection or termination of an installment agreement. This levy 
prohibition is established in section 6331(k) of title 26, as added by 
the IRS Restructuring and Reform Act of 1998. The goal of the 
regulations is to clarify when levy is prohibited and the effect of the 
prohibition on the statute of limitations for collection.

[[Page 74384]]

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-104762-00
Drafting attorney: Frederick W. Schindler (202) 622-3620
Reviewing attorney: Kathryn A. Zuba (202) 622-3620
CC:P&A:CB&S

Agency Contact: Frederick W. Schindler, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3620

RIN: 1545-AX89
_______________________________________________________________________




3071.  CLARIFICATION OF FOREIGN-BASED COMPANY SALES INCOME RULES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 954

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation clarifies when a controlled foreign 
corporation cannot exclude sales income from foreign-based company 
sales income under the manufacturing exception by reason of activities 
of a contract manufacturer. Likewise, the branch rule under IRC section 
954(d)(2) does not apply to a contract manufacturer.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-106356-00
Drafting attorney: Valerie Mark (202) 622-3840
Reviewing attorney: Phyllis E. Marcus (202) 622-3840
CC:INTL

Agency Contact: Phyllis E. Marcus, Branch Chief, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AX91
_______________________________________________________________________




3072.  CAPITALIZATION OF INTEREST AND CARRYING CHARGES PROPERLY 
ALLOCABLE TO STRADDLES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 263(g); 26 USC 1092

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations will clarify the types of payments that may be 
``interest'' or ``carrying charges'' subject to 26 U.S.C. 263(g). 
Regulations will also clarify the operation of the capitalization rules 
of 26 U.S.C. 263(g). Regulations will also clarify what constitutes 
``positions'' and ``losses'' subject to 26 U.S.C. 1092.

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-105801-00
Drafting attorney: Kenneth Christman (202) 622-3950
Reviewing attorney: Robert Williams (202) 622-4062
Treasury attorney: Mike Novey (202) 622-1339
CC:FI&P

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

RIN: 1545-AX92
_______________________________________________________________________




3073.  ASSUMPTION OF PARTNERSHIP LIABILITIES

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 752

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation prevents the acceleration or duplication of 
losses through the assumption of liabilities in transactions involving 
partnerships.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-106736-00
Drafting attorney: Shannon Cohen (202) 622-3050
Reviewing attorney: Dianna Miosi (202) 622-3050
Treasury attorney: James Sowell (202) 622-5721
CC:P&SI

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

RIN: 1545-AX93
_______________________________________________________________________




3074.  SPECIAL BASIS RULES UNDER SECTION 705

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 705; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will limit the increase to basis under 
section 705, where a corporation acquires an interest in a partnership 
that holds stock in the same corporation.

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-106702-00
Drafting attorney: Matthew Lay (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050
Treasury attorney: James Sowell (202) 622-5721

[[Page 74385]]

CC:P&SI

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-AX94
_______________________________________________________________________




3075.  LIKE-KIND EXCHANGES UNDER SECTION 168

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 148; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations under section 168 relating to like-kind 
exchanges.

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-106590-00
Drafting attorney: Alan H. Cooper (202) 622-3110
Reviewing attorney: Charles Ramsey (202) 622-3110
Treasury attorney: Chris Ohmes (202) 622-1335
CC:P&SI

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

RIN: 1545-AX95
_______________________________________________________________________




3076.  DEFINITION OF INCOME UNDER SECTION 643

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 643; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Guidance under section 643 on whether State law definition of 
trust income is trust income for Federal tax purposes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-106513-00
Drafting attorney: Bradford R. Poston (202) 622-3060
Reviewing attorney: Tom Hines (202) 622-3060
Treasury attorney: Beth Kaufman (202) 622-1766
CC:P&SI

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

RIN: 1545-AX96
_______________________________________________________________________




3077.  DEFINITION OF DIESEL FUEL

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 48

Legal Deadline: None

Abstract: The regulations will revise the definition of diesel fuel.

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-106457-00
Drafting attorney: Frank K. Boland (202) 622-3130
Reviewing attorney: Richard Kocaks (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC: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-AX97
_______________________________________________________________________




3078.  AUTOMATIC EXTENSION FOR FORM 706

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6081; 26 USC 7805

CFR Citation: 26 CFR 20

Legal Deadline: None

Abstract: Regulation will authorize automatic extension of time for 
filing Form 706.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-106511-00
Drafting attorney: Mary Berman (202) 622-3050
Reviewing attorney: Katherine Mellody (202) 622-3090
Treasury attorney: Elizabeth Kaufman (202) 622-1766
CC:P&SI

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

RIN: 1545-AX98
_______________________________________________________________________




3079.  TRANSFERS OF PROPERTY TO THIRD PARTIES ON BEHALF OF A 
SPOUSE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulation will provide that a transfer of 
property by a spouse to a third party will be on behalf of the other 
spouse(or former spouse) only if a divorce or separation instrument, 
consent or ratification expressly states that the nontransferring 
spouse agrees that such transfer is on his or her behalf and agrees to 
accept the tax consequences of the transfer.

[[Page 74386]]

Examples will be given. Section 1.1041-1T(c), Q&A-9, of the temporary 
Income Tax Regulations will be superseded.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107151-00
Drafting attorney: Edward C. Schwartz (202) 622-4960
Reviewing attorney: William A. Jackson (202) 622-4960
CC:IT&A

Agency Contact: Edward C. Schwartz, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4960

RIN: 1545-AX99
_______________________________________________________________________




3080.  ELECTRONIC PAYEE STATEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6041

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation would provide authority to the Service to 
allow payers to, pursuant to a payee's election, satisfy the 
requirement to furnish payee statements (i.e., payee's copy of certain 
information returns) in an electronic format.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: Undetermined

Additional Information: REG-107186-00
Drafting attorney: Eric J. Lucas (202) 622-4920
Reviewing attorney: Mike Montemurro (202) 622-4920
CC:P&A:CB&S

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

RIN: 1545-AY00
_______________________________________________________________________




3081.  HEDGING TRANSACTIONS UNDER SECTION 1221(A)(7) AND SECTION 
446

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 1221

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance under sections 446 and 
1221(a)(7) regarding conforming the current regulations to the revised 
statute.

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-107047-00
Drafting attorney: Jo Lynn Ricks (202) 622-3920
Reviewing attorney: Alvin Kraft (202) 622-3920
CC: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-AY02
_______________________________________________________________________




3082.  GUIDANCE UNDER SECTION 894

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 894; 26 USC 871; 26 USC 881

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance under section 894(c) for 
imposing tax liability on foreign persons receiving U.S. source income 
from entities treated as domestic corporations for U.S. tax purposes, 
and as fiscally transparent entities under the laws of the 
jurisdiction, whose treaty with the United States is being invoked.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Additional Information: REG-107101-00
Drafting attorney: Shawn Renee Pringle (202) 622-3850
Reviewing attorney: Elizabeth U. Karzon (202) 622-3880
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

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

RIN: 1545-AY03
_______________________________________________________________________




3083.  GUIDANCE NECESSARY TO FACILITATE ELECTRONIC TAX 
ADMINISTRATION

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 6011

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation will amend regulations to allow 
electronic filing for all forms and attachments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-107184-00
Drafting attorney: Sara P. Sheperd (202) 622-4910
Reviewing attorney: George J. Blaine
CC:P&A:APJP

[[Page 74387]]

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-AY04
_______________________________________________________________________




3084.  REVISION OF CIRCULAR NO. 230

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 330

CFR Citation: 31 CFR 10

Legal Deadline: None

Abstract: This document provides advance notice of proposed rulemaking 
to amend the regulation governing practice before the IRS, which 
appears in the Code of Federal Regulations and in pamphlet form as 
Treasury Department Circular No. 230, Regulations Governing the 
Practice of Attorneys, Certified Public Accountants, Enrolled Agents, 
Enrolled Actuaries, and Appraisers Before the IRS. This document also 
invites individuals and organizations to submit comments on revising 
Circular No. 230 to address general standards of practice and standards 
of practice in the case of tax shelters.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           05/05/00                    65 FR 30375
NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-1111835-99
Drafting attorney: Richard Goldstein (202) 622-7880
CC:P&A:APJP

Agency Contact: Richard Goldstein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7880

RIN: 1545-AY05
_______________________________________________________________________




3085.  REGULATIONS GOVERNING PRACTICE BEFORE THE INTERNAL 
REVENUE SERVICE

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 330

CFR Citation: 31 CFR 10

Legal Deadline: None

Abstract: 31 U.S.C. 330 authorizes the Secretary of the Treasury to 
regulate the practice of representatives before the Department and, 
after notice and opportunity for a proceeding, to suspend or disbar 
from practice those representatives who are incompetent, disreputable, 
or dishonest. The Secretary has published regulations in Circular No. 
230 (31 CFR 10) pursuant to this authority, which he amends from time 
to time.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           05/05/00                    65 FR 30375
NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-111835-99
Drafting attorney: Richard Goldstein (202) 622-7880
Reviewing attorney: George Bowder (202) 622-7880
Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:P&A:APJP

Agency Contact: Richard Goldstein, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7880

RIN: 1545-AY07
_______________________________________________________________________




3086.  CLASSIFICATION OF CERTAIN EMPLOYEE BENEFIT TRUSTS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The regulations will provide guidance regarding the 
classification of certain employee benefit trusts under 7701(a)(30) and 
(31) of the Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-108553-00
Drafting attorney: James A. Quinn (202) 622-3060
Reviewing attorney: J. Thomas Hines (202) 622-3060
Treasury attorney: Beth Kaufman (202) 622-1766
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-AY09
_______________________________________________________________________




3087.  GUIDANCE UNDER SECTION 6302 REGARDING THE FEDERAL TAX 
DEPOSIT SYSTEM

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6302; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations remove Federal Reserve banks as 
depositaries for Federal tax deposits.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Additional Information: REG-107176-00
Drafting attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Judith M. Wall (202) 622-4940
CC:P&A:APJP

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

RIN: 1545-AY10


_______________________________________________________________________



[[Page 74388]]

3088.  CHECK THE BOX REGULATIONS--AMENDMENT

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

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation will provide that, for purposes of section 
332, a plan of liquidation is deemed adopted immediately before a 
deemed liquidation pursuant to an elective change in entity 
classification.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-110659-00
Drafting attorney: David Sotos (202) 622-3050
Reviewing attorney: Jeanne Sullivan (202) 622-3050
Treasury attorney: James Sowell (202) 622-5721
CC:P&SI

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

RIN: 1545-AY16
_______________________________________________________________________




3089.  ``AUTHORIZED PLACEMENT AGENCY'' UNDER SECTION 152

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 152

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations amend the definition of ``authorized 
placement agency'' (for purposes of determining whether a child placed 
for legal adoption in a taxpayer's home is a dependent of the taxpayer) 
to include biological parents and other persons authorized by State law 
to place children for legal adoption.

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-107279-00
Drafting attorney: Elizabeth K. Kaye (202) 622-4910
Reviewing attorney: Pamela W. Fuller (202) 622-4910
CC:P&A:APJP

Agency Contact: Elizabeth K. Kaye, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4910
Fax: 202 622-6232

RIN: 1545-AY18
_______________________________________________________________________




3090.  DISQUALIFIED PERSONS

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 1031

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations narrow the definition of the term 
``disqualified person'' so that banks and bank subsidiaries may still 
serve as qualified intermediaries, even if an investment banker or 
broker is a member of the same control group.

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-107175-00
Drafting attorney: J. Peter Baumgarten (202) 622-4950
Reviewing attorney: Kelly Alton (202) 622-5048
 Linda Kroening (202) 622-4800
CC:IT&A

Agency Contact: J. Peter Baumgarten, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4950

RIN: 1545-AY19
_______________________________________________________________________




3091.  TAX TREATMENT OF CAFETERIA PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations relating to the tax treatment of cafeteria plans.

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-117162-99
Drafting attorney: Janet A. Laufer (202) 622-6060
Reviewing attorney: Christine L. Keller (202) 622-6080
CC:TEGE

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-AY23
_______________________________________________________________________




3092.  DISALLOWANCE OF DEDUCTIONS AND CREDITS FOR FAILURE TO 
FILE TIMELY RETURN

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 882(c); 26 USC 874

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Review and amendment of regulations concerning disallowance 
of deductions and credits claimed by foreign corporations and 
nonresident aliens for failure to timely file a U.S. income tax return 
in accordance with IRC sections 882(c) and 874(a).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

[[Page 74389]]

Additional Information: REG-107100-00
Drafting attorney: Leslie R. Rubenstein (202) 622-3880
Reviewing attorney: W. Edward Williams (202) 622-3880
Treasury attorney: Manal Corwin (202) 622-1317
CC:INTL

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

RIN: 1545-AY26
_______________________________________________________________________




3093.  SECTION 1503(D) REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will revise provisions in section 1503(d) 
regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-106879-00
Drafting attorney: Camille B. Evans (202) 622-3860
Reviewing attorney: Charles P. Besecky (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-AY27
_______________________________________________________________________




3094.  WITHHOLDING TAX ON FOREIGN PARTNERS' SHARE OF EFFECTIVELY 
CONNECTED INCOME

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1446

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance for partnership 
withholding on partner's allocable share of partnership's effectively 
connected income.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-108524-00
Drafting attorney: Jeffrey L. Vinnik (202) 622-3840
Reviewing attorney: Phyllis Marcus (202) 622-3840
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

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

RIN: 1545-AY28
_______________________________________________________________________




3095.  APPLICATION OF SEPARATE FOREIGN TAX CREDIT LIMITATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 904

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will clarify the application of separate 
foreign tax credit limitations under section 904 of the Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Additional Information: REG-106409-00
Drafting attorney: Rebecca I. Rosenberg (202) 622-3870
Reviewing attorney: Barbara Felker (202) 622-3870
Treasury attorney: Michael Caballero (202) 622-0851
This regulation is related to REG-104683-00 (1545-AX88).
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-AY29
_______________________________________________________________________




3096.  MID-CONTRACT CHANGE IN TAXPAYER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 460

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: Proposed regulations will address issues presented by a 
change in the taxpayer accounting for a long-term contract.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105946-00
Drafting attorney: John M. Aramburu (202) 622-4960
Reviewing attorney: Bob Casey (202) 622-4960
Treasury attorney: Christine Turgeon (202) 622-0865
CC:IT&A

Agency Contact: John M. Aramburu, Attorney-Adviser, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4960

RIN: 1545-AY31
_______________________________________________________________________




3097.  HIPAA GENERAL NONDISCRIMINATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 9833

CFR Citation: 26 CFR 1

[[Page 74390]]

Legal Deadline: None

Abstract: These regulations provide guidance regarding the requirements 
imposed on group health plans not to discriminate in rules for 
eligibility under the plan on the basis of any health factor, and not 
to require any individual to pay a higher premium or contribution for 
coverage under the plan than any similarly situated individual based on 
any health factor.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-114082-00
Drafting attorney: Russell Weinheimer (202) 622-6080
Reviewing attorney: Alan Tawshunsky (202) 622-6080
CC:TEGE

Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AY32
_______________________________________________________________________




3098.  HIPAA NONDISCRIMINATION/EXCEPTION FOR CHURCH PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7853

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations provide guidance on the exception for 
certain grandfathered church plans from the general rule requiring 
group health plans not to discriminate in rules for eligibility on the 
basis of any health factor.

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-114083-00
Drafting attorney: Russell Weinheimer (202) 622-6080
Reviewing attorney: Alan Tawnshunsky (202) 622-6080
CC:TEGE

Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AY33
_______________________________________________________________________




3099.  HIPAA NONDISCRIMINATION/BONA FIDE WELLNESS PROGRAMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 9833

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations provide guidance regarding the exception 
for certain wellness programs to the general rule imposed on group 
health plans not to require a higher premium or contribution from an 
individual than from a similarly situated individual based on any 
health factor.

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-114084-00
Drafting attorney: Russell Weinheimer (202) 622-6080
Reviewing attorney: Alan Tawnshunsky (202) 622-6080
CC:TEGE

Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AY34
_______________________________________________________________________




3100.  GUIDANCE UNDER SECTION 6050P REGARDING INFORMATION 
REPORTING ON CANCELLATION OF INDEBTEDNESS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation relates to information reporting on the 
cancellation of indebtedness.

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-107524-00
Drafting attorney: Sharon Lee Hall (202) 622-4930
Reviewing attorney: Christopher F. Kane (202) 622-4930
Treasury attorney: Mike Novey (202) 622-1339
CC:IT&A

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

RIN: 1545-AY35
_______________________________________________________________________




3101.  NONDISCRIMINATION REQUIREMENTS FOR CERTAIN DEFINED 
CONTRIBUTION RETIREMENT PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 401

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will revise the requirements for qualified 
defined contribution plans that are tested for compliance with the 
nondiscrimination rules on a benefits basis.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

[[Page 74391]]

Government Levels Affected: None

Additional Information: REG-114697-00
Drafting attorney: Linda S.F. Marshall (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: Harlan Weller (202) 622-1001
CC:TEGE

Agency Contact: Linda S.F. Marshall, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6090

RIN: 1545-AY36
_______________________________________________________________________




3102.  DOLLAR-VALUE LIFO

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 472; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provided guidance under the dollar-value 
last-in, first-out (LIFO) inventory method for taxpayers that define 
LIFO items based on components of cost.

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-107580-00
Drafting attorney: Jeffery G. Mitchell (202) 622-6224
Reviewing attorney: Eric L. Pleet (202) 622-6224
Treasury attorney: Cristy Turgeon (202) 622-0865
CC:IT&A

Agency Contact: Jeffery Mitchell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6224

RIN: 1545-AY39
_______________________________________________________________________




3103.  SECTION 83-1032 CONFORMING CHANGES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations clarify the mechanics of sections 1.83-6(b) 
and 1.83-6(d).

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-113078-00
Drafting attorney: Jean Marie Casey (202) 622-6030
Reviewing attorney: Charles Deliee (202) 622-6030
CC:TEGE

Agency Contact: Jean Marie Casey, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6030

RIN: 1545-AY40
_______________________________________________________________________




3104.  SECTION 355(E) GUIDANCE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 355

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance on section 355(e) of the 
Internal Revenue Code. Section 355(e) provides that a distributing 
corporation will recognize gain on the distribution of stock of a 
controlled corporation if 50 percent of the stock of the distributing 
corporation or controlled corporation is acquired pursuant to a plan 
that includes the distribution.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-107566-00
Drafting attorney: Brendan O'Hara (202) 622-7530
Reviewing attorney: Vicki Hyche (202) 622-7530
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:CORP

Agency Contact: Brendan O'Hara, Attorney Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7530

RIN: 1545-AY42
_______________________________________________________________________




3105.  GUIDANCE UNDER SUBPART F RELATING TO PARTNERSHIPS

Priority: Substantive, Nonsignificant

Legal Authority: 28 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations provide guidance for the treatment 
under subpart F of a controlled foreign corporation partners 
distributive share of subpart F income.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Governmental Jurisdictions

Government Levels Affected: None

Additional Information: REG-112502-00
Drafting attorney: Valerie A. Marks (202) 622-3840
Reviewing attorney: Phyllis Marcus (202) 622-3840
Treasury attorney: Patrick Brown (202) 622-1754
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-AY45

[[Page 74392]]

_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




3106. 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 L. 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-AK74
_______________________________________________________________________




3107. 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: Steven D. Jensen (202) 622-3870
Reviewing attorneys: Jeffrey Dorfman and Rebecca I. Rosenberg
 (202) 622-3870
Treasury attorney: Patrick Brown (202) 622-1754
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-AM12
_______________________________________________________________________




3108. 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
_______________________________________________________________________




3109. 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                    03/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209494-90 (PS-16-90)
Drafting attorneys: Leslie H. Finlow (202) 622-7860
 Lisa Shuman (202) 622-3120
Reviewing attorney: Christine Ellison (202) 622-3120
Treasury attorney: Christopher Ohmes (202) 622-0869
CC:P&SI

Agency Contact: Leslie H. Finlow, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224

[[Page 74393]]

Phone: 202 622-7860

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
_______________________________________________________________________




3110. 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                  07/18/00                     65 FR 3402
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 F. Bergkuist (202) 622-3860
Reviewing attorney: Anne Devereaux (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: 202 622-3860

RIN: 1545-AO72
_______________________________________________________________________




3111. 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                            08/07/00                    65 FR 48185
Public Hearing                  11/08/00                    65 FR 48185
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209038-89 (INTL-243-89)
Drafting attorney: Willard W. Yates (202) 622-3870
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: 202 622-3870
Fax: 202 622-4476

RIN: 1545-AO75
_______________________________________________________________________




3112. 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                    63 FR 11177
Final Action                    12/00/00

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
_______________________________________________________________________




3113. 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

[[Page 74394]]

Reviewing attorney: Robert M. Casey (202) 622-4960
Treasury attorney: Cristine Turgeon (202) 622-0865
CC: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
_______________________________________________________________________




3114. DEFINITION OF ``HIGHLY COMPENSATED EMPLOYEE''

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 414

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). 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 REG-209558-92 (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) 622-6080
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: Don Wellington (202) 622-1332
CC:TEGE

Agency Contact: R. Lisa Mojiri-Azad, Senior Attorney, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AQ74
_______________________________________________________________________




3115. 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 A. Fung (202) 622-3840
Reviewing attorney: Philip Garlett (202) 622-3840
Treasury attorney: Michael Caballero (202) 622-0851
CC:INTL

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

RIN: 1545-AS46
_______________________________________________________________________




3116. 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 Y. 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
_______________________________________________________________________




3117. 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. The 
transferor or any other party has already received, or retains the 
right to receive amounts that are allocable to periods after the 
transfer. The regulations prevent tax avoidance by recharacterizing 
obligation-shifting transactions in a manner that clearly reflects the 
parties' income,

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

[[Page 74395]]

Government Levels Affected: None

Additional Information: REG-209817-96 (FI-10-96)
Drafting attorney: Diana Inhof (202) 622-3443
Reviewing attorney: Jonathan Zelnik (202) 622-3920
Treasury attorney: Michael Novey (202) 622-1339
CC:FI&P

Agency Contact: Diana Inhof, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3443
Fax: 202 622-5694

RIN: 1545-AU19
_______________________________________________________________________




3118. WITHDRAWAL OF NOTICE OF FEDERAL TAX LIEN

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Section 501 of the Taxpayer Bill of Rights 2 amends section 
6323 of the Internal Revenue Code to authorize the Secretary to 
withdraw a notice of Federal tax lien in four enumerated circumstances. 
Section 501 also provides that upon written request by the taxpayer, 
the Secretary shall make reasonable efforts to notify any credit 
reporting agencies and any financial institution or creditor identified 
by the taxpayer of the withdrawal. The regulations set forth the 
circumstances in which the Secretary may withdraw a notice of lien and 
procedures for requesting the Secretary to notify creditors of the 
withdrawal.

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

Additional Information: REG-101519-97
Drafting attorney: Kevin B. Connelly (202) 622-3630
Reviewing attorney: Robert Miller (202) 622-3630
Treasury attorney: Rita Cavanagh (202) 622-1981
CC:P&A:CB&S

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-AV00
_______________________________________________________________________




3119. 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                    03/00/01

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: Christopher Ohmes (202) 622-0869
CC: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 H. Finlow, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-7860

RIN: 1545-AV14
_______________________________________________________________________




3120. ELECTRONIC TIP REPORTING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 31

Legal Deadline: None

Abstract: The regulations provide rules authorizing employers to 
establish electronic systems for use by their employees in reporting 
tips to the employer.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/26/98                     63 FR 3680
NPRM Comment Period End         04/27/98
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-104691-97
Drafting attorney: Karin Loverud (202) 622-6060
Reviewing attorney: Paul Feinberg (202) 622-6000
Treasury attorney: Kevin Knopf (202) 622-2329
CC:TEGE

Agency Contact: Karin Loverud, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060

RIN: 1545-AV28
_______________________________________________________________________




3121. 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

________________________________________________________________________

Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

[[Page 74396]]

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: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
_______________________________________________________________________




3122. 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 U.S.C. 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                    12/00/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Organizations

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:TEGE

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
_______________________________________________________________________




3123. EIC ELIGIBILITY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations provide guidance to taxpayers who have been 
denied the earned income credit (EIC) and wish to claim the credit in a 
subsequent year.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/25/98                    63 FR 34615
NPRM Comment Period End         09/23/98
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116608-97
Drafting attorney: Karin Loverud (202) 622-6060
Reviewing attorney: Paul Feinberg (202) 622-6000
Treasury attorney: Mark Hoffenberg (202) 622-0869
CC:TEGE

Agency Contact: Karin Loverud, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6060

RIN: 1545-AV61
_______________________________________________________________________




3124. 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 L. Jones (202) 622-3980
Reviewing attorney: Rebecca Harrigal (202) 622-3980
Treasury attorney: Stephen Watson (202) 622-1322
CC:FI&P

Agency Contact: Timothy L. 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
_______________________________________________________________________




3125. 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: This regulation will provide 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                     63 FR 4204
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-120882-97
Drafting attorney: Marie Byrne (202) 622-7750
Reviewing attorney: Christopher Schoen (202) 622-7750

[[Page 74397]]

Treasury attorney: Karen Gilbreath (202) 622-1788
CC: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
_______________________________________________________________________




3126. 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 G. Bernstein (202) 622-4570
Reviewing attorney: David Fish (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:D&PL

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
_______________________________________________________________________




3127. 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: Bridget E. Finkenaur (202) 622-4940
Reviewing attorney: Michael L. Gompertz (202) 622-4940
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:IT&A

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

RIN: 1545-AV92
_______________________________________________________________________




3128. 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.

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) 622-4940
Reviewing attorney: Judith Wall (202) 622-4940
Treasury attorney: Lily Kahng (202) 622-0160
CC:IT&A

Agency Contact: John Moran, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4940
Fax: 202 622-6232

RIN: 1545-AW05
_______________________________________________________________________




3129. 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

[[Page 74398]]

CC: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
_______________________________________________________________________




3130. 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                    63 FR 32164
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 M. 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
_______________________________________________________________________




3131. QUALIFIED LESSEE CONSTRUCTION ALLOWANCES FOR SHORT-TERM LEASES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 110

CFR Citation: 26 CFR 1; 26 CFR 602

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 F. Handleman (202) 622-3040
Reviewing attorney: Walter Woo (202) 622-3040
Treasury attorney: Christine Turgeon (202) 622-0865
CC: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
_______________________________________________________________________




3132. DEFINITION OF CONTRIBUTION IN AID OF CONSTRUCTION UNDER SECTION 
118(C)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 118

CFR Citation: 26 CFR 1; 26 CFR 602

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-106012-98
Drafting attorney: Paul F. Handleman (202) 622-3040
Reviewing attorney: Susan Reaman (202) 622-3040
Treasury attorney: Christine Turgeon (202) 622-0865
CC: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
_______________________________________________________________________




3133. 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: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
_______________________________________________________________________




3134. GRAT AND NOTES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 2702

[[Page 74399]]

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance under section 2702(b), 
regarding the use of notes to satisfy the annuity or unitrust payment 
obligation of a grantor retained annuity trust.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/22/99                    64 FR 33235
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-108287-98
Drafting attorney: James F. Hogan (202) 622-3090
Reviewing attorney: George L. Masnik (202) 622-3090
Treasury attorney: Beth Kaufman (202) 622-1766
CC:P&SI

Agency Contact: James F. Hogan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3090

RIN: 1545-AW25
_______________________________________________________________________




3135. SECTION 411(D)(6); PROTECTED BENEFITS EXCEPTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 411

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                            03/29/00                    65 FR 16546
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-109101-98
Drafting attorney: Linda S.F. Marshall (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: William Bortz (202) 622-1352
CC:TEGE

Agency Contact: Linda S.F. Marshall, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6090

RIN: 1545-AW27
_______________________________________________________________________




3136. INTERCOMPANY OBLIGATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1502; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation provides 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: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
_______________________________________________________________________




3137. 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                            05/16/00                    65 FR 31115
Comment Period End              08/14/00
Final Action                    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: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
_______________________________________________________________________




3138. SPECIAL RULES REGARDING THE SIMPLIFIED PRODUCTION AND RESALE 
METHODS WITH HISTORIC ABSORPTION RATIO ELECTION

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 
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 Lynn Oseekey (202) 622-4970
Reviewing attorney: Thomas Luxner (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865

[[Page 74400]]

CC:IT&A

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

RIN: 1545-AW54
_______________________________________________________________________




3139. EDUCATION CREDITS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 25A

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations provide individual taxpayers with guidance 
on the Hope Scholarship Credit and the Lifetime Learning Credit.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/06/99                      64 FR 794
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-106388-98
Drafting attorney: Donna J. Welch (202) 622-4910
Treasury attorney: Susan Brown (202) 622-0999
CC:P&A:APJP

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: 202 622-6232

RIN: 1545-AW65
_______________________________________________________________________




3140. INFORMATION REPORTING FOR PAYMENTS OF TUITION AND INTEREST ON 
EDUCATION LOANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6050S

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                            06/16/00                    65 FR 37728
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

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

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: 202 622-6232

RIN: 1545-AW67
_______________________________________________________________________




3141. 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: Michael Kaibri (202) 622-7550
Reviewing attorney: Charles Whedbee (202) 622-7550
Treasury attorney: Karen Gilbreath (202) 622-1788
CC: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-AW71
_______________________________________________________________________




3142. 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 A. Kiss (202) 622-4920
Reviewing attorney: Michael Montemurro (202) 622-4920
Treasury attorney: Michael Novey (202) 622-1339
CC: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
_______________________________________________________________________




3143. TIMELY MAILING TREATED AS TIMELY FILING/ELECTRONIC POSTMARK

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7502

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This document provides timely mailing treated as timely 
filing rules for electronic postmarks.

[[Page 74401]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/15/99                     64 FR 2606
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-115433-98
Drafting attorney: Charles A. Hall (202) 622-4940
Reviewing attorney: Rochelle L. Hodes (202) 622-4940
Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:P&A:APJP

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

RIN: 1545-AW81
_______________________________________________________________________




3144. 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. As part of this project, all of the Unified Partnership 
Audit Procedure regulations will be brought final.

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

Government Levels Affected: None

Additional Information: REG-106564-98
Drafting attorney: Horace Howells (202) 622-3050
Reviewing attorney: Dianna Miosi (202) 622-3050
Treasury attorney: Jim Sowell (202) 622-5721
CC:P&SI

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

RIN: 1545-AW86
_______________________________________________________________________




3145. COMPROMISES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7122

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The purpose of this regulation is to provide expanded 
compromise authority, pursuant to section 7122 of title 26, as amended 
by the Restructuring and Reform Act of 1998. Prior to the amendment, 
doubt as to collectibility, doubt as to liability, or both, were the 
only grounds for consideration of compromise cases. The goal of this 
regulation is to permit consideration of other factors in compromising 
tax liability.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/21/99                    64 FR 39106
Final Action                    07/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116991-98
Drafting attorney: Frederick W. Schindler (202) 622-3620
Reviewing attorney: Kathryn A. Zuba (202) 622-3620
Treasury attorney: Rita Cavanagh (202) 622-1981
CC:P&A:CB&S

Agency Contact: Frederick W. Schindler, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3620

RIN: 1545-AW88
_______________________________________________________________________




3146. 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: Lisa A. Fuller (202) 622-7750
Reviewing attorney: Christopher Schoen (202) 622-7750
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:CORP

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

RIN: 1545-AW92
_______________________________________________________________________




3147. 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.

[[Page 74402]]

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: Russell Weinheimer (202) 622-6080
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: Tom Reeder (202) 622-1341
CC:TEGE

Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AW94
_______________________________________________________________________




3148. 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

________________________________________________________________________

Temporary Regulations           12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-121928-98
Drafting attorney: Thomas D. Moffitt (202) 622-7900
Reviewing attorney: Henry Schneiderman (202) 622-7820
Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:IT&A

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
_______________________________________________________________________




3149. 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 L. Jones (202) 622-3980
CC:FI&P

Agency Contact: Timothy L. 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
_______________________________________________________________________




3150. 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                    03/00/01

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: Christopher Ohmes (202) 622-1335
CC: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
_______________________________________________________________________




3151. DELAY RENTAL PAYMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 263A

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 M. Stewart (202) 622-3120
Reviewing attorney: J.H. Makurath (202) 622-3120
Treasury attorney: John Parcell (202) 622-2578
CC:P&SI

Agency Contact: Brenda M. Stewart, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service,

[[Page 74403]]

1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-3120

RIN: 1545-AX06
_______________________________________________________________________




3152. GST ISSUES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This project will resolve issues relating to trusts in 
existence before September 25, 1985.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/18/99                    64 FR 62997
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103841-99
Drafting attorney: James F. Hogan (202) 622-3090
Reviewing attorney: George Masnik (202) 622-3090
Treasury attorney: Elizabeth Kaufman (202) 622-1766
CC:P&SI

Agency Contact: James F. Hogan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3090

RIN: 1545-AX08
_______________________________________________________________________




3153. 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: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
_______________________________________________________________________




3154. DEFINITION OF LAST KNOWN ADDRESS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This document will provide that the last known address of a 
taxpayer for purposes of section 6212 includes an address obtained from 
the United States Postal Service's National Change of Address (NCOA) 
database.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/22/99                    64 FR 63768
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-104939-99
Drafting attorney: Charles A. Hall (202) 622-4940
Reviewing attorney: Rochelle L. Hodes (202) 622-4940
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:APJP

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

RIN: 1545-AX13
_______________________________________________________________________




3155. 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                            05/19/00                    65 FR 31841
Final Action                    10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-107644-98
Drafting attorney: Jeffery Mitchell (202) 622-6224
Reviewing attorney: Eric Pleet (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:IT&A

Agency Contact: Jeffery Mitchell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6224

RIN: 1545-AX20
_______________________________________________________________________




3156. 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

[[Page 74404]]

Drafting attorney: Richard E. Coss (202) 622-7790
Reviewing attorney: Michael J. Wilder (202) 622-7790
Treasury attorney: Karen Gilbreath (202) 622-1788
CC:CORP

Agency Contact: Richard E. Coss, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7790

RIN: 1545-AX38
_______________________________________________________________________




3157. 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 D. Harris (202) 622-3050
Reviewing attorney: Philip Tretiak (202) 622-3860
CC:INTL

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

RIN: 1545-AX39
_______________________________________________________________________




3158. 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                  05/04/00                     65 FR 1572
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: 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:PI&S

Agency Contact: Mary Beth Collins (Carchia), Attorney-Advisor, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3080

RIN: 1545-AX42
_______________________________________________________________________




3159. 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 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                            03/23/00                    65 FR 15587
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-243025-96
Drafting attorney: Christine Keller (202) 622-6090
Reviewing attorney: Harry Beker (202) 622-6080
Treasury attorney: William Bortz (202) 622-1352
CC:TEGE

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

RIN: 1545-AX59
_______________________________________________________________________




3160. 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 reopenings 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. In addition, the NPRM 
provides rules for reopenings of non-Treasury securities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/05/99                    64 FR 60395
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: Undetermined

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: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


_______________________________________________________________________



[[Page 74405]]

3161. 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: Regulations that modify the application of rules governing 
the character of certain distributions from 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: Catherine Moore (202) 622-3080
Reviewing attorney: William P. O'Shea (202) 622-3070
Treasury attorney: Susan D. Brown (202) 622-0999
CC:P&SI

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

RIN: 1545-AX62
_______________________________________________________________________




3162. 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) 622-3050
Reviewing attorney: Irwin Halpern (202) 622-3850
Treasury attorney: Je Young Baik (202) 622-1773
CC:INTL

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

RIN: 1545-AX63
_______________________________________________________________________




3163. 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                            07/31/00                    65 FR 46677
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-116495-99
Drafting attorney: Vernon Carter (202) 622-6070
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: William Bortz (202) 622-1352
CC:TEGE

Agency Contact: Vernon 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
_______________________________________________________________________




3164. 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

________________________________________________________________________

NPRM                            02/05/90                     55 FR 3750
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-117608-99
Drafting attorney: David F. Bergkuist (202) 622-3860
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: 202 622-3860

RIN: 1545-AX72
_______________________________________________________________________




3165. 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

[[Page 74406]]

Cancellation of Public Hearing  05/16/00                    65 FR 31118
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 Honigman (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050
Treasury attorney: James Sowell (202) 622-5721
CC:P&SI

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

RIN: 1545-AX73
_______________________________________________________________________




3166. 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                            04/05/00                    65 FR 17835
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-100291-00
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
_______________________________________________________________________




3167. HIPAA PORTABILITY

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 
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
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-119828-99
Drafting attorney: Russell Weinheimer (202) 622-6080
Reviewing attorney: Alan Tawshunsky (202) 622-6000
Treasury attorney: Kevin Knopf (202) 622-2329
CC:TEGE

Agency Contact: Russell Weinheimer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6080

RIN: 1545-AX84
_______________________________________________________________________




3168. 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, Three-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) 622-4910
Reviewing attorney: Bruce M. Serchuk (202) 622-3980
Treasury attorney: Stephen Watson (202) 622-1322
CC:FI&P
An NPRM (REG-110965-97, 1545-AV47) and temporary regulations (TD 8757) 
were published on January 22, 1998 (63 FR 3296, 63 FR 3256, 
respectively). This document (REG-114998-99) will finalized the 
proposed regulations for REG-110965-97.

Agency Contact: Rose Weber, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4910
Fax: 202 622-4437

RIN: 1545-AX87
_______________________________________________________________________




3169.  QUALIFIED ZONE ACADEMY BONDS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1397F

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: A qualified zone academy bond (QZAB) is a taxable bond issued 
by a state or local government, the proceeds of which are used to 
improve certain eligible public schools. In lieu of receiving periodic 
interest payments from the issuer, an eligible holder of a QZAB is 
generally allowed annual Federal income tax credits while the bond is 
outstanding. These credits compensate the holder for lending money to 
the issuer and function as payments of interest on the bond.
This regulation finalizes proposed and temporary regulations 
(Regulation

[[Page 74407]]

119449-97 and TD 8755) published on January 7, 1988, at 63 FR 707 and 
63 FR 671, respectively. This regulation also finalizes proposed and 
temporary regulations (Regulation 105327-99 and TD 8826) that amend 
section 1.1397E-17. These regulations were published on July 1, 1999, 
at 64 33579 and 64 FR 33573, respectively.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Additional Information: REG-105389-00
Drafting attorney: Allan B. Seller (202) 622-3980
Reviewing attorney: Tim Jones (202) 622-3421
CC:FI&P

Agency Contact: Allan B. Seller, 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-AY01
_______________________________________________________________________




3170.  GUIDANCE UNDER 6302 REGARDING THE FEDERAL TAX DEPOSIT 
SYSTEM

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6302; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These temporary regulations remove Federal Reserve banks as 
depositaries for Federal tax deposits made after December 31, 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Additional Information: REG-107176-00
Drafting attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Judith M. Wall (202) 622-7338
CC:P&A:APJP

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

RIN: 1545-AY11
_______________________________________________________________________




3171.  INVESTMENT TYPE PROPERTY (PREPAYMENT)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Definition of investment type property for purposes of 
determining whether bonds are arbitrage bonds under section 148 of the 
Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/25/99                    64 FR 46320
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Local, State

Additional Information: REG-105369-00
Drafting attorney: Johanna L. Som de Cerff (202) 622-3980
Reviewing attorney: Rebecca L. Harrigal (202) 622-3980
Treasury attorney: Stephen Watson (202) 622-1322
CC:TEGE

Agency Contact: Johanna L. Som de Cerff, 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-AY12
_______________________________________________________________________




3172.  GUIDANCE UNDER SECTION 894 (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 894; 26 USC 871; 26 USC 881

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation provides guidance under section 894(c) for 
imposing tax liability on foreign persons receiving United States 
source income from entities treated as domestic corporations for United 
States tax purposes, and as fiscally transparent entities under the 
laws of the jurisdiction, whose treaty with the United States is being 
invoked.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-107101-00
Drafting attorney: Shawn Renee Pringle (202) 622-3850
Reviewing attorney: Elizabeth U. Karzon (202) 622-3880
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

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

RIN: 1545-AY13
_______________________________________________________________________




3173.  BROKER'S COMMISSIONS AND SIMILAR FEES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance on when broker's fees can 
be treated as qualified administrative costs for purposes of the 
arbitrage restrictions under section 148.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/17/99                    64 FR 46876
Final Action                    12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Additional Information: REG-105376-00
Drafting attorney: Timothy L. Jones (202) 622-3980
CC:TEGE

[[Page 74408]]

Agency Contact: Timothy L. 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-AY15
_______________________________________________________________________




3174.  RECOGNITION OF GAIN ON CERTAIN TRANSFERS TO FOREIGN 
TRUSTS AND ESTATES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 684

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Internal Revenue Code section 684 generally provides that, 
except as otherwise provided in regulations, gain shall be recognized 
on the transfer of property by a United States person to a foreign 
estate or trust, unless, in the case of a trust, a United States person 
is treated as the owner of such trust under Code section 671. These 
regulations are intended to implement the statutory authority to 
provide exceptions to the section 684 general rule of gain recognition.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/07/00                    65 FR 48198
Public Hearing                  11/08/00                    65 FR 48198
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-108522-00
Drafting attorney: Karen Rennie Quarrie (202) 622-3880
Reviewing Attorney: Elizabeth U. Karzon (202) 622-3880
Treasury attorney: Michael Kirsch (202) 622-0871
CC:INTL

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

RIN: 1545-AY25
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Internal Revenue Service (IRS)



_______________________________________________________________________




3175. INCOME TAX--TAXPAYER'S OBLIGATION TO FILE A NOTICE OF 
REDETERMINATION OF FOREIGN TAX AND CIVIL PENALTIES FOR FAILURE TO FILE

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 301; 26 CFR 602

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/23/88                    53 FR 23659
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Irwin Halpern
Phone: 202 622-3850

RIN: 1545-AC09
_______________________________________________________________________




3176. 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: 202 874-1490

RIN: 1545-AC10
_______________________________________________________________________




3177. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Janet A. Laufer
Phone: 202 622-6060
Fax: 202 622-4084

RIN: 1545-AG14
_______________________________________________________________________




3178. 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
_______________________________________________________________________




3179. 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: 202 622-4570

RIN: 1545-AI16


_______________________________________________________________________



[[Page 74409]]

3180. INCOME TAX--RECIPROCAL EXEMPTIONS FOR CERTAIN TRANSPORTATION 
INCOME

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/08/00                     65 FR 6065
Public Hearing                  06/08/00                     65 FR 6065
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Patricia Bray
Phone: 202 622-3840

RIN: 1545-AJ57
_______________________________________________________________________




3181. 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
_______________________________________________________________________




3182. NONRECOGNITION OF CORPORATE DISTRIBUTIONS AND REORGANIZATIONS 
UNDER THE FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/05/88                    53 FR 16233
Hearing                         03/01/89                     54 FR 1189
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert W. Lorence
Phone: 202 622-3860

RIN: 1545-AK79
_______________________________________________________________________




3183. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David Juster
Phone: 202 622-3850

RIN: 1545-AL93
_______________________________________________________________________




3184. CLARIFICATION OF TREATMENT OF SEPARATE LIMITATION LOSSES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Richard L. Chewning
Phone: 202 622-3850

RIN: 1545-AM11
_______________________________________________________________________




3185. EARNINGS AND PROFITS OF CONTROLLED FOREIGN CORPORATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/25/90                     55 FR 2535
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Anne Devereaux
Phone: 202 622-3850

RIN: 1545-AM90
_______________________________________________________________________




3186. 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                    56 FR 21963


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: W. Edward Williams
Phone: 202 874-1490

RIN: 1545-AM91
_______________________________________________________________________




3187. 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 Marie Casey
Phone: 202 622-6030

RIN: 1545-AN40
_______________________________________________________________________




3188. LIMITATIONS ON PASSIVE ACTIVITY LOSSES AND CREDITS--SELF-CHARGED 
ITEMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/05/91                    56 FR 14034
Hearing                         09/06/91                    56 FR 14040
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Christopher Kelley
Phone: 202 622-3070
Fax: 202 622-4804

RIN: 1545-AN64


_______________________________________________________________________



[[Page 74410]]

3189. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Martin Scully
Phone: 202 622-4960

RIN: 1545-AN73
_______________________________________________________________________




3190. 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: Carl M. Cooper
Phone: 202 622-3840

RIN: 1545-AO22
_______________________________________________________________________




3191. CHARITABLE CONTRIBUTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/12/91                    56 FR 10395
Hearing                         08/01/91                    56 FR 23823
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Carl M. Cooper
Phone: 202 622-3840

RIN: 1545-AP30
_______________________________________________________________________




3192. SECTION 1.163-1(B)(2)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/93                     58 FR 5316
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Carl M. Cooper
Phone: 202 622-3840

RIN: 1545-AP33
_______________________________________________________________________




3193. 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
_______________________________________________________________________




3194. 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
_______________________________________________________________________




3195. 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
_______________________________________________________________________




3196. 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
_______________________________________________________________________




3197. APPLICATIONS OF SECTION 1503(D) TO PARTNERSHIPS AND OTHER ITEMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Kenneth D. Allison
Phone: 202 622-3860

RIN: 1545-AR26
_______________________________________________________________________




3198. INTERCOMPANY TRANSFER PRICING FOR SERVICES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

[[Page 74411]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: J. Peter Luedtke
Phone: 202 874-1490

RIN: 1545-AR32
_______________________________________________________________________




3199. ESCROW FUNDS AND OTHER SIMILAR FUNDS

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

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/01/99                     64 FR 4801
NPRM Comment Period End         05/03/99
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marilyn E. Brookens
Phone: 202 622-4920
Fax: 202 622-1585

RIN: 1545-AR82
_______________________________________________________________________




3200. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert B. Williams
Phone: 202 622-3960

RIN: 1545-AS85
_______________________________________________________________________




3201. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert B. Williams
Phone: 202 622-3960

RIN: 1545-AT46
_______________________________________________________________________




3202. 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: Christine Keller
Phone: 202 622-6090

RIN: 1545-AT47
_______________________________________________________________________




3203. 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
_______________________________________________________________________




3204. 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
_______________________________________________________________________




3205. 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: 202 622-3930

RIN: 1545-AU49
_______________________________________________________________________




3206. APPLICATION OF ATTRIBUTION RULES TO FOREIGN TRUSTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: W. Edward Williams
Phone: 202 874-1490

RIN: 1545-AU91
_______________________________________________________________________




3207. FASIT--START-UP/OPERATIONAL/TRANSITION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           11/04/96                    61 FR 56648

[[Page 74412]]

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 D. Feiring
Phone: 202 622-3960

RIN: 1545-AU94
_______________________________________________________________________




3208. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bruce M. Serchuk
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AU98
_______________________________________________________________________




3209. REGULATIONS UNDER SECTION 1441 REGARDING THE ELECTRONIC 
TRANSMISSION OF WITHHOLDING CERTIFICATES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/14/97                    62 FR 53504
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Carl M. Cooper
Phone: 202 622-3840

RIN: 1545-AV27
_______________________________________________________________________




3210. REMOVAL OF TEMPORARY REGULATIONS THAT PROVIDE RULES FOR 
SUBSTANTIATING TRAVEL EXPENSE DEDUCTIONS FOR MEMBERS OF CONGRESS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 5

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Edwin B. Cleverdon
Phone: 202 622-4920

RIN: 1545-AV55
_______________________________________________________________________




3211. 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: Cathy A. Vohs
Phone: 202 622-6090

RIN: 1545-AV82
_______________________________________________________________________




3212. 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: Nicole E. Francis
Phone: 202 622-3653

RIN: 1545-AW01
_______________________________________________________________________




3213. 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 Juster
Phone: 202 622-3850

RIN: 1545-AW09
_______________________________________________________________________




3214. CORPORATE TAX SHELTER REGISTRATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11272
Public Hearing                  06/20/00
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mary Beth Collins (Carchia)
Phone: 202 622-3080

RIN: 1545-AW26
_______________________________________________________________________




3215. 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

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert Taylor
Phone: 202 622-4940

RIN: 1545-AW37


_______________________________________________________________________



[[Page 74413]]

3216. 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 Cancelled               10/16/98                    63 FR 55564


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: John W. Rogers
Phone: 202 622-3870

RIN: 1545-AW43
_______________________________________________________________________




3217. 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 L. Harrigal
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AW44
_______________________________________________________________________




3218. SOURCE OF INCOME FOR SPACE AND CERTAIN OCEAN ACTIVITIES AND FOR 
INTERNATIONAL COMMUNICATIONS INCOME

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Anne Shelburne
Phone: 202 622-3880

RIN: 1545-AW50
_______________________________________________________________________




3219. 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
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Valerie A. Mark
Phone: 202 622-3840

RIN: 1545-AW63
_______________________________________________________________________




3220. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Andrea Tucker
Phone: 202 622-7840

RIN: 1545-AW73
_______________________________________________________________________




3221. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Brendan O'Hara
Phone: 202 622-7530

RIN: 1545-AW79
_______________________________________________________________________




3222. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jerome D. Sekula
Phone: 202 622-3610

RIN: 1545-AW90
_______________________________________________________________________




3223. NOTICE AND OPPORTUNITY FOR HEARING UPON FILING OF NOTICE OF LIEN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jerome D. Sekula
Phone: 202 622-3610

RIN: 1545-AW91
_______________________________________________________________________




3224. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Marshall D. Feiring
Phone: 202 622-3960

RIN: 1545-AW98


_______________________________________________________________________



[[Page 74414]]

3225. RULES FOR SOURCING CERTAIN TRANSPORTATION INCOME, SPACE OR OCEAN 
ACTIVITY INCOME, AND RELATED FOREIGN BASE COMPANY SHIPPING INCOME

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Patricia Bray
Phone: 202 622-3840

RIN: 1545-AX02
_______________________________________________________________________




3226. CHANGE OF ANNUAL ACCOUNTING PERIOD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Martin Scully
Phone: 202 622-4960

RIN: 1545-AX15
_______________________________________________________________________




3227. COORDINATION OF SECTIONS 755 AND 1060

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/05/00                    65 FR 17829
Final Action                    10/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Matthew Lay
Phone: 202 622-3050

RIN: 1545-AX18
_______________________________________________________________________




3228. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Rose Weber
Phone: 202 622-4910
Fax: 202 622-4437

RIN: 1545-AX22
_______________________________________________________________________




3229. 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: Yes

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Agency Contact: John Burnell Richards
Phone: 202 622-6040
Fax: 202 622-4817

RIN: 1545-AX33
_______________________________________________________________________




3230. GROUPING RULES FOR FOREIGN SALES CORPORATION TRANSFER PRICING

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Douglas Giblen
Phone: 202 622-4570

RIN: 1545-AX41
_______________________________________________________________________




3231. SECTION 414(Q) REGULATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: R. Lisa Mojiri-Azad
Phone: 202 622-6080

RIN: 1545-AX48
_______________________________________________________________________




3232. STOCK TRANSFER RULES: CARRYOVER OF EARNINGS AND TAXES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Anne Devereaux
Phone: 202 622-3850

RIN: 1545-AX65
_______________________________________________________________________




3233. DEFINITION OF HYPERINFLATIONARY CURRENCY FOR PURPOSES OF SECTION 
988

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/13/00                     65 FR 2084
Hearing Cancelled               05/08/00                    65 FR 26542


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John W. Rogers
Phone: 202 622-3870

RIN: 1545-AX67
_______________________________________________________________________




3234. DISCLOSURES OF RETURN INFORMATION TO OFFICERS AND EMPLOYEES OF THE 
DEPARTMENT OF AGRICULTURE FOR CERTAIN STATISTICAL PURPOSES AND RELATED 
ACTIVITIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/04/00                      65 FR 215
Final Rule                      12/00/01

[[Page 74415]]

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Jennifer S. McGinty
Phone: 202 622-4950

RIN: 1545-AX69
_______________________________________________________________________




3235. MODIFICATION TO SECTION 367(A) STOCK TRANSFER REGULATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert W. Lorence
Phone: 202 622-3860

RIN: 1545-AX77
_______________________________________________________________________




3236. REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY ABUSIVE 
TAX SHELTERS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 602

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11271
Public Hearing                  06/20/00
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mary Beth Collins (Carchia)
Phone: 202 622-3080

RIN: 1545-AX79
_______________________________________________________________________




3237. TAX SHELTER DISCLOSURE STATEMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11269
Public Hearing                  06/20/00
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mary Beth Collins (Carchia)
Phone: 202 622-3080

RIN: 1545-AX81
_______________________________________________________________________




3238. APPLICATION OF SEPARATE FOREIGN TAX CREDIT LIMITATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Rebecca I. Rosenberg
Phone: 202 622-3870

RIN: 1545-AX88
_______________________________________________________________________




3239.  FINAL REGULATIONS ON DISCLOSURES TO DEPARTMENT OF 
COMMERCE-BUREAU OF CENSUS; SECTION 301.6103(J)(1)-1

Priority: Routine and Frequent

Legal Authority: 26 USC 6103

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Final regulations relating to additions to, and deletions 
from, the list of items of information disclosed to the Bureau of 
Census for certain statistical purposes and related activities.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-107501-00
Drafting attorney: Jamie G. Bernstein (202) 622-4570
CC:P&A:D&PL

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-AY06
_______________________________________________________________________




3240.  DAMAGES UNDER SECTION 7433

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation will implement a number of new provisions of 
section 7433, including raising the cap on damages for the intentional 
or reckless disregard of the Internal Revenue Code, or regulations in 
connection with a collection action, authorizing actions for the 
negligent disregard of the Code or regulations. It will provide rules 
with respect to administrative claims for damages caused by violations 
of the automatic stay and discharge provisions of the Bankruptcy Code.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107366-00
Drafting attorney: Robert A. Miller (202) 622-3640
 Kevin B. Connelly (202) 622-3630
CC:P&A:CB&S

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

Robert A. Miller, Technical Assistant, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-3640

RIN: 1545-AY08
_______________________________________________________________________




3241.  ELECTING MARK-TO-MARKET FOR MARKETABLE STOCK OF A PFIC

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1296

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Description of methods and procedures for electing mark-to-
market treatment for marketable stock of a PFIC.

[[Page 74416]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-112306-00
Drafting attorney: Laurie Hatten-Boyd (202) 622-3840
Reviewing attorney: Phyllis Marcus (202) 622-3840
CC:INTL

Agency Contact: Laurie Hatten-Boyd, Attorney-Adviser, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840

RIN: 1545-AY17
_______________________________________________________________________




3242.  ACTIVE CONDUCT OF AN INSURANCE BUSINESS UNDER PFIC RULES

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

Legal Authority: 26 USC 7805; 26 USC 1298; 26 USC 1297

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will define the term ``active conduct of an 
insurance company'' as used in section 1297(b)(2)(B).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Additional Information: REG-113334-00
Drafting attorney: Mark R. Pollard (202) 622-3840
Reviewing attorney: Roger Brown (202) 622-3208
Treasury attorney: Mike Caballero (202) 622-0851
CC:INTL

Agency Contact: Mark R. Pollard, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3840
Fax: 202 622-4408

RIN: 1545-AY20
_______________________________________________________________________




3243.  GUIDANCE ON CHANGES TO THE LAWS FOR CORPORATE ESTIMATED 
TAXES

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 6655

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: Amend regulations to provide guidance on changes to the law 
for corporate estimated taxes.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-107722-00
Drafting attorney: Robert A. Desilets, Jr. (202) 622-4910
Reviewing attorneys: David B. Auclair (202) 622-4910
 David Schneider (202) 622-4800
Treasury attorneys: Rita Cavanagh (202) 622-1981
 Christopher Ohmes (202) 622-1335

Agency Contact: Robert A. Desilets Jr., Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4910

RIN: 1545-AY22
_______________________________________________________________________




3244.  SECTION 1445 REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1445; 26 USC 897

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation requires the use of taxpayer identifying 
numbers on submissions made by foreign taxpayers to reduce or eliminate 
tax under sections 897 and 1445.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-106876-00
Drafting attorney: Robert Walter Lorence (202) 622-3860
Reviewing attorney: Charles Besecky (202) 622-3860
Treasury attorney: Michael Caballero (202) 622-0851
CC:INTL

Agency Contact: Robert Walter Lorence, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860
Fax: 202 622-4476

RIN: 1545-AY24
_______________________________________________________________________




3245.  TAXABLE YEARS OF CFCS AND FPHCS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 898

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide definitions and rules for 
determining the required year for CFCs and FPHCs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-108523-00
Drafting attorney: Carl M. Cooper (202) 622-3840.
Reviewing attorney: Phyllis Marcus (202) 622-3840.
Treasury attorney: Patrick Brown (202) 622-1754.

[[Page 74417]]

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-AY30
_______________________________________________________________________




3246.  ALLOCATION OF INCOME AND DEDUCTIONS FROM INTANGIBLES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 482

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will address the allocation of income and 
deductions from intangible property.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-115037-00
Drafting attorney: John M. Breen (202) 874-1490
Reviewing attorney: Anne P. Shelburne (202) 874-1490
Treasury attorney: Rocco Femia (202) 622-1755
CC:INTL

Agency Contact: John M. Breen, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 950 L'Enfant Plaza SW, Washington, 
DC 20224
Phone: 202 874-1490
Fax: 202 874-1896

RIN: 1545-AY38
_______________________________________________________________________




3247.  SECTION 367(D) REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 367(d)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will address the income tax consequences 
relating to the transfer of intangibles to foreign corporations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-106877-00
Drafting attorney: Aaron Farmer (202) 622-3860
Reviewing attorney: Charles P. Besecky (202) 622-3860
Treasury attorney: Rocco Femia (202) 622-1755
CC:INTL

Agency Contact: Aaron Farmer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860
Fax: 202 622-4476

RIN: 1545-AY41
_______________________________________________________________________




3248.  REGULATIONS IMPLEMENTING SECTION 420(C)(3)(E)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Section 420(c)(3)(E) of the Internal Revenue Code directs the 
Secretary of the Treasury to prescribe such regulations as may be 
necessary to prevent an employee, who significantly reduces retiree 
health coverage during the cost maintenance period, from being treated 
as satisfying the minimum cost requirement.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116468-00
Drafting attorney: Vernon Carter (202) 622-6070
Reviewing attorney: Michael Roach (202) 622-6090
Treasury attorney: Harlan Weller (202) 622 1001
CC:TEGE

Agency Contact: Vernon Carter, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6070

RIN: 1545-AY43
_______________________________________________________________________




3249.  SPECIAL RULES FOR S CORPORATIONS UNDER SECTION 
301.7701(B)-7

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7701

CFR Citation: 26 CFR 301; 26 CFR 601

Legal Deadline: None

Abstract: The regulation will provide rules that will permit a dual 
resident S Corporation shareholder, who has claimed a treaty benefit, 
to be treated as a U.S. resident for purposes of section 1361(a)(1) of 
the Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-209720-94 (INTL-40-94)
Drafting attorney: David A. Juster (202) 622-3850.
Reviewing attorney: Barbara Felker (202) 622-3850.
The Notice of Proposed Rulemaking was originally published under RIN-
1545-AS88.
This regulation project was previously part of REG-208214-90
(INTL-121-90) RIN-1545-AP35.
CC:INTL

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

RIN: 1545-AY44

[[Page 74418]]

_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Internal Revenue Service (IRS)



_______________________________________________________________________




3250. LOANS TREATED AS DISTRIBUTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8894                            07/31/00                    65 FR 46588

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Vernon Carter
Phone: 202 622-6070

RIN: 1545-AE41
_______________________________________________________________________




3251. SOURCE RULES FOR PERSONAL PROPERTY SALES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed Without Regulations      07/28/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: David Juster
Phone: 202 622-3850

RIN: 1545-AJ83
_______________________________________________________________________




3252. TELEFILE VOICE SIGNATURES TEST

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       07/18/00                    65 FR 44491

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Beverly A. Baughman
Phone: 202 622-4940

RIN: 1545-AQ68
_______________________________________________________________________




3253. RULES FOR PROPERTY PRODUCED IN A FARMING BUSINESS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8897                            08/21/00                    65 FR 50638

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Grant D. Anderson
Phone: 202 622-4970
Fax: 202 622-6316

RIN: 1545-AQ91
_______________________________________________________________________




3254. DIESEL FUEL EXCISE TAX; DYE INJECTION SYSTEMS AND MARKERS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 48

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8879                            03/31/00                    65 FR 17149

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Frank K. Boland
Phone: 202 622-3130

RIN: 1545-AT18
_______________________________________________________________________




3255. COORDINATION OF PRE-1987 DEEMED PAID TAXES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed Without Regulations      07/28/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Anne Devereaux
Phone: 202 622-3850

RIN: 1545-AT85
_______________________________________________________________________




3256. RELIEF FROM DISQUALIFICATION FOR PLANS ACCEPTING ROLLOVERS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8880                            04/21/00                    65 FR 21312

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Pamela R. Kinard
Phone: 202 622-6030

RIN: 1545-AU46
_______________________________________________________________________




3257. LEGENDING OF REMIC CERTIFICATES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8888                            06/16/00                    65 FR 37701

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kenneth Christman
Phone: 202 622-3950

RIN: 1545-AU96
_______________________________________________________________________




3258. DEPOSITS OF EXCISE TAXES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 40

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8887                            06/08/00                    65 FR 36326

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Susan Athy
Phone: 202 622-3130

RIN: 1545-AV02
_______________________________________________________________________




3259. REGULATIONS UNDER SECTIONS 871, 881, AND 894 REGARDING PAYMENTS TO 
PARTNERSHIPS, AND OTHER TRANSPARENT ARRANGEMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

[[Page 74419]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8889                            07/03/00                    65 FR 40993

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Shawn Renee Pringle
Phone: 202 622-3850

RIN: 1545-AV10
_______________________________________________________________________




3260. QUALIFIED STATE TUITION PROGRAMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

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: State

Agency Contact: Monice L. Rosenbaum
Phone: 202 622-6070

RIN: 1545-AV18
_______________________________________________________________________




3261. PRIVATE ACTIVITY BOND RULES FOR OUTPUT FACILITIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn See RIN 1545-AX87     09/01/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Local

Agency Contact: Rose Weber
Phone: 202 622-4910
Fax: 202 622-4437

RIN: 1545-AV47
_______________________________________________________________________




3262. KEROSENE TAX; AVIATION FUEL TAX; TAX ON HEAVY TRUCKS AND TRAILERS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 48; 26 CFR 40; 26 CFR 41; 26 CFR 145

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8879                            03/31/00                    65 FR 17149

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Frank K. Boland
Phone: 202 622-3130

RIN: 1545-AV71
_______________________________________________________________________




3263. WARRANTS AND NONQUALIFIED PREFERRED STOCK

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8882                            05/16/00                    65 FR 31078

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Michael Danbury
Phone: 202 622-7750

RIN: 1545-AV86
_______________________________________________________________________




3264. CONSOLIDATED RETURNS--LIMITATIONS ON THE USE OF CERTAIN LOSSES AND 
CREDITS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8884                            05/25/00                    65 FR 33753

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marie Milnes-Vasquez
Phone: 202 622-7770

RIN: 1545-AV88
_______________________________________________________________________




3265. CONSOLIDATED RETURNS--LIMITATIONS ON THE USE OF CERTAIN LOSSES AND 
CREDITS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8884                            05/25/00                    65 FR 33753

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: David H. Kessler
Phone: 202 622-7770

RIN: 1545-AV99
_______________________________________________________________________




3266. RETENTION OF INCOME TAX RETURN PREPARER'S SIGNATURES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8893                            07/18/00                    65 FR 44436

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Beverly A. Baughman
Phone: 202 622-4940

RIN: 1545-AW52
_______________________________________________________________________




3267. GUIDANCE UNDER SECTION 1032

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8883                            05/16/00                    65 FR 31073

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Filiz Serbes
Phone: 202 622-7550

RIN: 1545-AW53
_______________________________________________________________________




3268. INCREASE IN CASHOUT LIMIT UNDER SECTIONS 411(A)(7), 411(A)(11), 
AND 417(E)(1)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

[[Page 74420]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8891                            07/19/00                    65 FR 44679

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert M. Walsh
Phone: 202 622-6090

RIN: 1545-AW59
_______________________________________________________________________




3269. VALUATION TABLES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 20; 26 CFR 25

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8886                            06/12/00                    65 FR 36908

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William L. Blodgett
Phone: 202 622-3090

RIN: 1545-AX07
_______________________________________________________________________




3270. DEFINITION OF GRANTOR

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8890                            07/05/00                    65 FR 41332

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James A. Quinn
Phone: 202 622-3060

RIN: 1545-AX25
_______________________________________________________________________




3271. 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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8895                            08/18/00                    65 FR 50405

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Local, Federal

Agency Contact: Marilyn E. Brookens
Phone: 202 622-4920
Fax: 202 622-1585

RIN: 1545-AX31
_______________________________________________________________________




3272. ADVANCE PAYMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed Without Regulations      07/25/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kimberly Lynn Koch
Phone: 202 622-4950
Fax: 202 622-6316

RIN: 1545-AX36
_______________________________________________________________________




3273. CHANGES TO SECTION 1441 REGULATIONS EFFECTIVE JANUARY 1, 2000

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8881                            05/22/00                    65 FR 32152

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kate Y. Hwa
Phone: 202 622-3840

RIN: 1545-AX53
_______________________________________________________________________




3274. MODIFICATION OF THE SOLELY-FOR-VOTING STOCK REQUIREMENT IN CERTAIN 
CORPORATE REORGANIZATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8885                            05/19/00                    65 FR 31805

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Marnie Rapaport
Phone: 202 622-7550

RIN: 1545-AX57
_______________________________________________________________________




3275. PERMITTED ELECTION CHANGES UNDER SECTION 125

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8878                            03/23/00                    65 FR 15548

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Janet A. Laufer
Phone: 202 622-6060
Fax: 202 622-4084

RIN: 1545-AX58
_______________________________________________________________________




3276. CLARIFICATION OF ENTITY CLASSIFICATION RULES REGARDING ENTITIES 
CLASSIFIED AS CORPORATIONS (TEMPORARY)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed Without Regulations      08/08/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Camille B. Evans
Phone: 202 622-3860

RIN: 1545-AX76
_______________________________________________________________________




3277. REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY ABUSIVE 
TAX SHELTERS (TEMPORARY)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 602

[[Page 74421]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8875                            03/02/00                    65 FR 11211

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary Beth Collins (Carchia)
Phone: 202 622-3080

RIN: 1545-AX80
_______________________________________________________________________




3278. TAX SHELTER DISCLOSURE STATEMENTS (TEMPORARY)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8877                            03/02/00                    65 FR 11205

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary Beth Collins (Carchia)
Phone: 202 622-3080

RIN: 1545-AX82
_______________________________________________________________________




3279. CORPORATE TAX SHELTER REGULATION (TEMPORARY)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8876                            03/02/00                    65 FR 11215

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary Beth Collins (Carchia)
Phone: 202 622-3080

RIN: 1545-AX83
_______________________________________________________________________




3280.  REPEAL OF PROPOSED REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Withdrawal of proposed regulations sections 1.593-12, 1.593-
13, and 1.593-14.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       07/12/00                    65 FR 42900

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103115-00
Drafting attorney: Craig Wojay (202) 622-3920
Reviewing attorney: Steven Glickstein (202) 622-4439
CC:FI&P

Agency Contact: Craig Wojay, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3920

RIN: 1545-AX90
_______________________________________________________________________




3281.  MODIFICATION OF TAX SHELTER RULES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6011; 26 USC 6111; 26 USC 6112; 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: This regulation provides guidance on disclosure, 
registration, and list maintenance relating to tax shelters.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action Completed By TD 
8896                            08/16/00                    65 FR 49909

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-103735-00, REG-103736-00, REG-110311-98
Drafting attorney: Catherine Moore (202) 622-3080
Reviewing attorney: Donna Young (202) 622-3070
CC:P&SI

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

RIN: 1545-AY37
BILLING CODE 4830-01-S
_______________________________________________________________________


Department of the Treasury (TREAS)                        Prerule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3282. 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 underway 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 have jointly issued 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; and 
a proposed rule that would amend regulatory capital

[[Page 74422]]

standards concerning the treatment of certain residual interests in 
asset securitizations and other transfers of financial assets, and plan 
to issue: (1) an advance notice of proposed rulemaking developing a 
simplified capital adequacy framework for small, non-complex 
institutions; (2) a final rule on risk-based capital standards for 
collateralized transactions; and (3) a proposed rule on risk-based 
capital standards for claims on securities firms. 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 
07/00/01

Miscellaneous Capital Amendments  NPRM 01/00/01

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  Final Rule 04/00/01

Residuals in Securitizations  NPRM 09/27/00 (65 FR 57993)  NPRM Comment 
Period End 12/26/00

Simplified Capital Adequacy Framework for Small, Non-Complex 
Institutions  ANPRM 11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: Additional Agency Contacts: David Riley, 
Project Manager - Capital Policy, (202) 906-6669, for Miscellaneous 
Capital Amendments and Claims on Securities Firms; Michael D. Solomon, 
listed below, for Recourse Arrangements, Simplified Capital Adequacy 
Framework, Residuals in Securitizations, Collateralized Transactions, 
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
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3283. 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                            12/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: 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

Robyn Dennis, Manager, Supervision Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-5751

Koko Ives, Counsel (Banking and Finance), Regulations and Legislation 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street NW., Washington, DC 20552
Phone: 202 906-6661

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

RIN: 1550-AB14
_______________________________________________________________________




3284. 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                            05/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

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


[[Page 74423]]


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
_______________________________________________________________________




3285. 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 3806; 42 USC 4106; 12 USC 1462a; 
12 USC 1463; 12 USC 1464; 12 USC 1467a; 12 USC 1468; 12 USC 1817; 12 
USC 1820; 12 USC 1828

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                            02/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

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

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

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-AB19
_______________________________________________________________________




3286. NONDEPOSIT 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 3806; 42 USC 4106; 12 USC 1462a; 
12 USC 1463; 12 USC 1464; 12 USC 1467a; 12 USC 1468; 12 USC 1817; 12 
USC 1820; 12 USC 1828

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 nondeposit investment products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/01

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

RIN: 1550-AB22
_______________________________________________________________________




3287. MUTUAL SAVINGS ASSOCIATIONS, MUTUAL HOLDING COMPANY 
REORGANIZATIONS, AND 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; 15 USC 78n; 15 USC 78w; 12 USC 1462a; 12 
USC 1463; 12 USC 1464; 12 USC 1467a; 12 USC 2901; 15 USC 78c; 15 USC 
78l; 15 USC 78m

CFR Citation: 12 CFR 563b

Legal Deadline: None

Abstract: OTS has issued an interim final rule (1) amending its 
regulations governing repurchases of stock of insured savings 
associations following a conversion, (2) implementing changes regarding 
dividend waivers for mutual holding companies, and (3) incorporating 
changes resulting from the Gramm-Leach-Bliley Act.
OTS has also issued a notice of proposed rulemaking that would 
implement a comprehensive strategy governing mutual institutions, 
mutual holding company reorganizations, and the mutual to stock 
conversion process.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/12/00                    65 FR 43093
Interim Final Rule              07/12/00                    65 FR 43088
NPRM Comment Period End         11/09/00
Interim Final Rule Comment 
Period End                      11/09/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

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

Timothy Leary, Counsel (Banking and Finance), Regulations and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-7170

RIN: 1550-AB24
_______________________________________________________________________




3288. 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.

[[Page 74424]]

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 
into a ``plain language'' format 12 CFR parts 590 and 591, concerning 
preemption of state usury and due-on-sale laws.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

Sally Watts, Counsel (Banking and Finance), Regulations and Legislation 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street NW., Washington, DC 20552
Phone: 202 906-7380

RIN: 1550-AB25
_______________________________________________________________________




3289. 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                            12/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

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
_______________________________________________________________________




3290. 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                            06/00/01

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
_______________________________________________________________________




3291. 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. 
Subject to certain conditions, these regulations permit institutions to 
share ``other information'' with affiliates without becoming consumer 
reporting agencies (affiliate sharing). The proposed regulations would 
specify that institutions must provide notice and an opportunity to 
opt-out to consumers before sharing ``other information'' with their 
affiliates.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/00/00

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Christine Harrington, Counsel (Banking and Finance), 
Regulations and Legislation Division, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-7957

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
_______________________________________________________________________




3292. 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 ensure that lending regulations are 
encouraging the safe and sound, efficient delivery of low cost credit 
to the public, free from undue regulatory duplication and burden.

[[Page 74425]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           04/05/00                    65 FR 17811
ANPRM Comment Period End        07/05/00
NPRM                            01/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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
_______________________________________________________________________




3293. 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 give savings associations the 
option to adopt certain preapproved bylaws, including bylaws on 
director integrity.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Aaron Kahn, Special Counsel, Business Transactions 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street NW., Washington, DC 20552
Phone: 202 906-6263

RIN: 1550-AB39
_______________________________________________________________________




3294. LENDING AND INVESTMENT - MISCELLANEOUS CHANGES

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 reviewing its lending regulations to enable thrifts to 
better serve their communities and compete with national and state 
banks.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/01

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 and 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
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3295. 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 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                            05/19/00                    65 FR 31962
NPRM Comment Period End         07/21/00
Final Rule                      12/00/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Organizations, Businesses

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
_______________________________________________________________________




3296. INSURANCE CUSTOMER PROTECTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464; 12 USC 1467a; 
12 USC 1831x

CFR Citation: 12 CFR 536

Legal Deadline: Final, Statutory, November 12, 2000.

[[Page 74426]]

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                            08/21/00                    65 FR 50882
Final Rule                      11/00/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

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

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-AB34
_______________________________________________________________________




3297. PRIVACY: NONPUBLIC PERSONAL INFORMATION; SAFEGUARDING CUSTOMER 
INFORMATION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1881 to 1984; 12 USC 1831p-1; 12 USC 1462a; 12 
USC 1463; 12 USC 1464

CFR Citation: 12 CFR 568; 12 CFR 570; 12 CFR 573

Legal Deadline: Final, Statutory, May 12, 2000.

Abstract: OTS, the other banking agencies, the SEC, and FTC have issued 
final rules governing a financial institution's ability to disclose 
nonpublic personal information about consumers to nonaffiliated third 
parties. The rules implement title V, subtitle A, of the Gramm-Leach-
Bliley Act (GLBA).
Pursuant to sections 501 and 505(b) of GLBA, the banking agencies have 
issued a notice of proposed rulemaking seeking comment on proposed 
guidelines establishing standards for safeguarding customer 
information.

Timetable:
________________________________________________________________________

Privacy  NPRM 02/22/00 (65 FR 8770)  NPRM Comment Period Closes 03/31/
00  Final Rule 06/01/00 (65 FR 35162)  Final Rule Effective Date 11/13/
00

Safeguarding Customer Information  NPRM 06/26/00 (65 FR 39472)  NPRM 
Comment Period Closes 08/25/00  Final Rule 12/00/00

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

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 and 
Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-7957

RIN: 1550-AB36
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3298. TRANSFER AND REPURCHASE OF GOVERNMENT SECURITIES

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 563

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Direct Final Rule Comment Period 
End                             04/27/00
Direct Final Rule Confirmation 
of Effective Date               05/12/00                    65 FR 30527

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robyn Dennis
Phone: 202 906-5751

Teresa Scott
Phone: 202 906-6478

RIN: 1550-AB38
_______________________________________________________________________




3299. SUBORDINATE ORGANIZATIONS UPDATES

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 559

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Merged into RIN 1550-AB40       07/05/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Donna Deale
Phone: 202 906-7488

Valerie J. Lithotomos
Phone: 202 906-6439

RIN: 1550-AB41
BILLING CODE 6720-01-S
[FR Doc. 00-24465 Filed 11-29-00]