[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 62075]]
-----------------------------------------------------------------------

Part XV





Department of the Treasury





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



Semiannual Regulatory Agenda

[[Page 62076]]



DEPARTMENT OF THE TREASURY (TREAS)                                     


  



_______________________________________________________________________

DEPARTMENT OF THE TREASURY

31 CFR Subtitle A, Chs. I and II

Semiannual Agenda and Fiscal Year 2002 Regulatory Plan

AGENCY:  Department of the Treasury.

ACTION:  Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY:  This notice is given pursuant to the requirements of the 
Regulatory Flexibility Act (Pub. L. 96-354, September 19, 1980) and 
Executive Order (E.O.) 12866 (``Regulatory Planning and Review,'' 
September 30, 1993), which require the publication by the Department of 
a semiannual agenda of regulations. E.O. 12866 also requires the 
publication by the Department of a regulatory plan for fiscal year 
2002.

FOR FURTHER INFORMATION CONTACT:  For additional information about a 
specific entry in the agenda, 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 
Treasury's regulatory agenda, the most important significant 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:  October 16, 2001.

 Richard S. Carro,

Senior Counsel for Regulatory and Legislative Affairs.

                                    Departmental Offices--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2686         31 CFR 19 Common Rule Suspension and Debarment.....................................     1505-AA86
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2687         Financial Subsidiaries.............................................................     1505-AA81
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2688         31 CFR ch II Possible Regulation of Access to Accounts at Financial Institutions        1505-AA74
            Through Payment Service Providers...................................................
2689         Financial Activities of Financial Subsidiaries.....................................     1505-AA80
2690         12 CFR 1501.2 Secretary's Determination of Real Estate Brokerage...................     1505-AA84
2691         12 CFR 1501.2 Secretary's Determination of Other Activities Financial in Nature....     1505-AA85
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2692         12 CFR 1510 Resolution Funding Corporation Operations..............................     1505-AA79
2693         17 CFR 450 Amendments to the Government Securities Act Regulations.................     1505-AA82
----------------------------------------------------------------------------------------------------------------


                            Financial Crimes Enforcement Network--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2694         31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity          1506-AA21
            Reporting--Broker/Dealers...........................................................
----------------------------------------------------------------------------------------------------------------


[[Page 62077]]


                             Financial Crimes Enforcement Network--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2695         31 CFR 103 Amendment to the Bank Secrecy Act Regulations Regarding Reporting of         1506-AA15
            Cross-Border Transportation of Certain Monetary Instruments.........................
2696         31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity          1506-AA22
            Reporting--Casinos..................................................................
2697         31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Exemptions from the           1506-AA23
            Requirement to Report Transactions in Currency......................................
2698         31 CFR 103.20(f) Amendment to the BSA Regulations-Requirement that Money                1506-AA24
            Transmitters and Money Order and Travelers Check Issuers, Sellers, and Redeemers
            Report Suspicious Transactions-Implementation Date..................................
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2699         31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Delegation of Authority       1506-AA08
            to Assess Civil Money Penalties on Depository Institutions..........................
2700         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
----------------------------------------------------------------------------------------------------------------
2701         31 CFR 245 Claims on Account of Treasury Checks....................................     1510-AA51
2702         31 CFR 285.14 Public Dissemination of Identity of Delinquent Debtors...............     1510-AA72
2703         31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program..........     1510-AA79
2704         31 CFR 223 Surety Bond Reimbursement Fund..........................................     1510-AA85
2705         31 CFR 206 Management of Federal Agency Receipts and Disbursements; Operation of        1510-AA86
            the Cash Management Improvement Fund................................................
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2706         31 CFR 205 Rules and Procedures for Efficient Federal-State Funds Transfers........     1510-AA38
2707         31 CFR 240 Indorsement and Payment of Checks Drawn on the United States Treasury...     1510-AA45
2708         31 CFR 281 Foreign Exchange Operations.............................................     1510-AA48
2709         31 CFR 256 Payments Under Judgment and Private Relief Acts.........................     1510-AA52
2710         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......................
2711         31 CFR 285.7 Salary Offset.........................................................     1510-AA70
2712         31 CFR 285.8 Offset of Tax Refund Payment To Collect State Income Tax Obligations..     1510-AA78
2713         31 CFR 210 Federal Government Participation in the Automated Clearinghouse.........     1510-AA81
2714         31 CFR 211 Delivery of Checks and Warrants to Addresses Outside the United States..     1510-AA88
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2715         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 62078]]


                                 Financial Management Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2716         3 CFR 1996, comp, p. 216 Administrative Wage Garnishment...........................     1510-AA87
----------------------------------------------------------------------------------------------------------------


                          Bureau of Alcohol, Tobacco and Firearms--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2717         27 CFR 7 Revision of Brewery Regulations and Issuance of Regulations for Taverns on     1512-AB37
            Brewery Premises (Brewpubs) (Reg Plan Seq No. 110)................................
2718         27 CFR 4 Amended Standard of Identity for Sherry...................................     1512-AB96
2719         27 CFR 16 Alcohol Beverage Health Warning Statement................................     1512-AC12
2720         27 CFR 4 Proposed Addition of ``Tannat'' as a Grape Variety Name for American Wines     1512-AC50
2721         27 CFR Part 55 Identification Markings Placed on Explosive Materials...............     1512-AC25
2722         27 CFR 55 Commerce in Explosives-Sport Rocket Motors...............................     1512-AC30
2723         27 CFR 55 Commerce in Explosives (Including Explosives in the Fireworks Industry)       1512-AB48
            (Reg Plan Seq No. 111)............................................................
2724         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................................................
2725         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........................................
2726         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.................................................................
2727         27 CFR 7 Plain Language in Part 7..................................................     1512-AC10
2728         27 CFR 270 Elimination of Application to Remove Tobacco Products from                   1512-AC32
            Manufacturer's Premises for Experimental Purposes...................................
2729         27 CFR 270 Elimination of Statistical Classes for Large Cigars.....................     1512-AC33
2730         27 CFR 44 Implementation of Section 1908 of Public Law 100-418.....................     1512-AC56
----------------------------------------------------------------------------------------------------------------
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
----------------------------------------------------------------------------------------------------------------
2731         27 CFR 9 American Viticultural Areas...............................................     1512-AA07
2732         27 CFR 5 Labeling of Unaged Grape Brandy...........................................     1512-AB46
2733         27 CFR 24.278 Implementation of Wine Credit Provisions of Public Law 104-188.......     1512-AB65
2734         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).................................................................
2735         27 CFR 4 Health Claims and Other Health Related Statements in the Labeling and          1512-AB97
            Advertising of Alcohol Beverages....................................................
2736         27 CFR 251 Recodification of Part 251..............................................     1512-AC27
2737         27 CFR 4 Albarino, Black Corinth and Fiano Grape Varieties.........................     1512-AC29
2738         27 CFR 31 Liquor Dealers; Recodification of Regulations............................     1512-AC45
2739         27 CFR 31 Delegation of Authority in 27 CFR Part 31................................     1512-AC49
2740         27 CFR 178 Commerce in Firearms and Ammunition (Omnibus Consolidated Appropriations     1512-AB64
            Act of 1997)........................................................................
2741         27 CFR 178 Residency Requirement for Persons Acquiring Firearms....................     1512-AB66
2742         27 CFR 178 Commerce in Firearms and Ammunition--Annual Inventory...................     1512-AC08
2743         27 CFR 41 Importation of Tobacco Products and Cigarette Papers and Tubes;               1512-AC46
            Recodification of Regulations.......................................................
----------------------------------------------------------------------------------------------------------------


                           Bureau of Alcohol, Tobacco and Firearms--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2744         27 CFR 252 Exportation of Liquors..................................................     1512-AA98
2745         27 CFR 7 Alcoholic Content Labeling for Malt Beverages.............................     1512-AB17

[[Page 62079]]

 
2746         27 CFR 20 Distribution of Denatured Alcohol and Rum................................     1512-AB57
2747         27 CFR 19.11 Distilled Spirits Plant Regulatory Initiative Proposal................     1512-AB58
2748         27 CFR 4 Prohibition of Alcohol Beverage Containers and Standard of Fill for            1512-AB89
            Distilled Spirits and Wine..........................................................
2749         Sake Regulations...................................................................     1512-AC09
2750         Flavored Malt Beverages............................................................     1512-AC11
2751         27 CFR 4.32(d) Removal of Requirement to Disclose Saccharin in the Labeling of          1512-AC17
            Wine, Distilled Spirits and Malt Beverages..........................................
2752         27 CFR 252 Delegation of Authority in 27 CFR Part 252..............................     1512-AC44
2753         27 CFR 24 Production of Agricultural Wines.........................................     1512-AC48
2754         27 CFR 5.22 Petition to Amend the Standards of Identity for Whisky and Brandy......     1512-AC51
2755         27 CFR 19, subpart W Proposed Revisions to 27 CFR Part 19, Subpart W...............     1512-AC52
2756         27 CFR 9 Petition to Establish the Santa Barbara Highlands Viticultural Area.......     1512-AC53
2757         27 CFR 251 Delegation of Authority in 27 CFR Part 251..............................     1512-AC58
2758         27 CFR 9 Proposed San Bernabe Viticultural Area....................................     1512-AC60
2759         27 CFR 9 Petition to Establish the Trinity Lake Viticultural Area..................     1512-AC62
2760         27 CFR 4 Correction of Technical Error in 27 CFR Part 4............................     1512-AC63
2761         5 CFR 1320.7(f)(2) Implementation of the Paperwork Reduction Act...................     1512-AB90
2762         27 CFR 19 Delegation of Authority in 27 CFR Part 19................................     1512-AC06
2763         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...................................................................
2764         27 CFR 275 Implementation of Public Law 105-33, Section 9302, Requiring the             1512-AC07
            Qualification of Tobacco Product Importers and Miscellaneous Technical Amendments...
2765         27 CFR 275 Prohibited Marks on Packages of Tobacco Products and Cigarette Papers        1512-AC14
            and Tubes Imported or Brought into the United States................................
2766         27 CFR 270 Determination of Tax and Recordkeeping on Large Cigars..................     1512-AC22
2767         27 CFR 275 Tobacco Products and Cigarette Papers and Tubes Shipped from Puerto Rico     1512-AC24
            to the United States................................................................
2768         27 CFR 44 Delegation of Authority in 27 CFR Part 44................................     1512-AC36
2769         27 CFR 40 Delegation of Authority in 27 CFR Part 40................................     1512-AC54
2770         27 CFR 40 Shipments of Tobacco Products or Cigarette Papers or Tubes Without            1512-AC57
            Payment of Tax......................................................................
2771         27 CFR 45 Delegation of Authority in 27 CFR Parts 45 and 46........................     1512-AC59
2772         27 CFR 44 Voluntary Waiver of Filing Claim for Credit, Refund, Allowance or Credit      1512-AC64
            of Tax for Tobacco Products Manufactured in Canada..................................
----------------------------------------------------------------------------------------------------------------


                           Bureau of Alcohol, Tobacco and Firearms--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2773         27 CFR 22.21 Distribution and Use of Tax-Free Alcohol..............................     1512-AB51
2774         27 CFR 18.56 Production of Volatile Fruit Flavored Concentrate.....................     1512-AB59
2775         27 CFR 24.178 Implementation of Public Law 105-34, Section 1417, Related to the Use     1512-AB78
            of Ameliorating Material in Certain Wines...........................................
2776         27 CFR 24 Processes Authorized for the Treatment of Wine, Juice and Distilling          1512-AC05
            Material............................................................................
2777         27 CFR 4 Petition to Recognize Counoise and St. Laurent as New Grape Varieties.....     1512-AC26
2778         27 CFR 170 Recodification of Part 170 into Part 29.................................     1512-AC34
2779         27 CFR 4 Liquors and Articles From Puerto Rico and the Virgin islands;                  1512-AC40
            Recodification of Regulations.......................................................
2780         27 CFR 178 Identification Markings Placed on Firearms..............................     1512-AB84
2781         27 CFR 70 Recodification of Statement of Procedural Rules..........................     1512-AB54
2782         27 CFR 53 Delegation of Authority in 27 CFR Part 53................................     1512-AC18
2783         27 CFR 70 Delegation of Authority in Part 70.......................................     1512-AC19
2784         27 CFR 13 Delegation of Authority in 27 CFR Part 13................................     1512-AC21
2785         27 CFR 170 Delegation of Authority in 27 CFR Part 170..............................     1512-AC23
2786         27 CFR 55 Technical Amendments to Regulations......................................     1512-AC37
2787         27 CFR 1 Rules of Practice in Permit Proceedings; Recodification of Regulations....     1512-AC43
2788         27 CFR 290 Exportation of Tobacco Products and Cigarette Papers and Tubes, Without      1512-AB03
            Payment of Tax, or With Drawback of Tax.............................................
2789         27 CFR 275 Implementation of Public Law 106-476, Sections 4002 and 4003, Relating       1512-AC35
            to Tobacco Importation Restrictions, Markings, Repackaging and Destruction of
            Forfeited Tobacco Products..........................................................

[[Page 62080]]

 
2790         27 CFR 250 Delegation of Authority in 27 CFR Part 250..............................     1512-AC38
2791         27 CFR 40 Manufacture of Tobacco Products and Cigarette Papers and Tubes;               1512-AC39
            Recodification of Regulations.......................................................
2792         27 CFR 46 Tobacco Products and Cigarette Papers and Tubes; Recodification of            1512-AC41
            Regulations.........................................................................
2793         27 CFR 40 Removal of Tobacco Products and Cigarette Papers and Tubes, Without           1512-AC42
            Payment of Tax for Use of the United States; Recodification of Regulations..........
2794         27 CFR 40 Exportation of Tobacco Products and Cigarette Papers and Tubes, Without       1512-AC47
            Payment of Tax, or With Drawback of Tax; Recodification of Regulations..............
2795         27 CFR 40 Implementation of Public Law 106-554 for Certain Amendments Related to        1512-AC55
            the Balanced Budget Act of 1997.....................................................
----------------------------------------------------------------------------------------------------------------


                                   Comptroller of the Currency--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2796         12 CFR 3 Capital Rules.............................................................     1557-AB14
2797         12 CFR 25 Community Reinvestment Act Regulation....................................     1557-AB98
----------------------------------------------------------------------------------------------------------------


                                Comptroller of the Currency--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2798         12 CFR 19 Uniform Rules of Practice and Procedure; Regulation Review...............     1557-AB43
2799         Fair Credit Reporting Regulations..................................................     1557-AB78
2800         31 CFR 1 Notice of Exempt Privacy Act Systems of Records...........................     1557-AB83
2801         12 CFR 5 Rules, Policies, and Procedures for Corporate Activities..................     1557-AB97
2802         12 CFR 19 Maintenance of Records...................................................     1557-AB99
2803         12 CFR 8 Assessment of Fees........................................................     1557-AC00
2804         12 CFR 5 Payday Lending............................................................     1557-AC01
----------------------------------------------------------------------------------------------------------------


                                  Comptroller of the Currency--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2805         12 CFR 37 Debt Cancellation Contracts and Debt Suspension Agreements...............     1557-AB75
2806         12 CFR 7.1002 Bank Activities and Operations (Electronic Banking)..................     1557-AB76
2807         12 CFR 25 Prohibition Against Use of Interstate Branches Primarily for Deposit          1557-AB95
            Production..........................................................................
----------------------------------------------------------------------------------------------------------------


                                 Comptroller of the Currency--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2808         12 CFR 12 Qualification Requirements for Transactions in Certain Securities........     1557-AB54
2809         Rules and Procedures for Claims Against OCC-Appointed Receiverships for Uninsured       1557-AB59
            Financial Institutions..............................................................
2810         12 CFR 34 Real Estate Appraisals...................................................     1557-AB70
2811         12 CFR 21 Minimum Security Devices and Procedures..................................     1557-AB71
2812         12 CFR 9 Fiduciary Activities of National Banks....................................     1557-AB79
2813         Recordkeeping Requirements for Bank Exceptions from Securities Broker or Dealer         1557-AB93
            Registration........................................................................
----------------------------------------------------------------------------------------------------------------


[[Page 62081]]


                                 Comptroller of the Currency--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2814         12 CFR 32 Community Bank-Focused Regulation Review: Lending Limits Pilot Program...     1557-AB82
2815         12 CFR 8 Assessment of Fees; National Banks; District of Columbia Banks............     1557-AB90
2816         12 CFR 5.34 Operating Subsidiaries of Federal Branches and Agencies................     1557-AB92
2817         12 CFR 1 Investment Securities; Bank Activities and Operations; and Leasing........     1557-AB94
2818         12 CFR 8 Assessment of Fees; National Banks; District of Columbia..................     1557-AB96
----------------------------------------------------------------------------------------------------------------


                               United States Customs Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2819         19 CFR 159 Liquidation; Extension; Suspension......................................     1515-AB66
2820         19 CFR 12 Detention, Seizure, and Forfeiture of ``Bootleg'' Sound Recording and         1515-AB74
            Music Videos of Live Musical Performances...........................................
2821         19 CFR 142 Reconciliation..........................................................     1515-AB85
2822         19 CFR 111 Remote Location Filing..................................................     1515-AC23
2823         19 CFR 177 Administrative Rulings..................................................     1515-AC56
2824         19 CFR 123 Simplification of In-Transit Truck Shipments Between Canada and the          1515-AC65
            United States.......................................................................
2825         19 CFR 142 National Sanctions Due to the Delinquent Payment of Customs Bills.......     1515-AC68
2826         19 CFR 145 Customs Examination of In-Transit Mail Shipments........................     1515-AC71
2827         19 CFR 122 Private Aircraft Programs: Establishment of the General Aviation             1515-AC73
            Telephonic Entry (GATE) Program and Revisions to the Overflight Program.............
2828         19 CFR 146 Expanded Weekly Entry Procedure for Foreign Trade Zones.................     1515-AC74
2829         19 CFR 24 User Fees................................................................     1515-AC81
2830         19 CFR 12 Dog and Cat Protection Act...............................................     1515-AC87
2831         19 CFR 10 Prototypes Used Solely For Product Development, Testing, Evaluation or        1515-AC88
            Quality Control Purposes............................................................
2832         19 CFR 141 Single Entry for Split Shipments........................................     1515-AC91
2833         19 CFR 24 Procedures Governing the Border Release Advanced Screening and                1515-AC92
            Selectivity (BRASS) Program.........................................................
2834         19 CFR 12 Patent Surveys...........................................................     1515-AC93
2835         19 CFR 141 Single Entry for Unassembled or Disassembled Entities Imported on            1515-AC94
            Multiple Conveyances................................................................
----------------------------------------------------------------------------------------------------------------


                                 United States Customs Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2836         19 CFR 4 Harbor Maintenance Fee....................................................     1515-AA57
2837         19 CFR 24 Donated Cargo Exemption From Harbor Maintenance Fee......................     1515-AA87
2838         19 CFR 181 North American Free Trade Agreement (NAFTA)--Implementation of Duty-         1515-AB87
            Deferral Program Provisions.........................................................
2839         19 CFR 141 Customs Entry Documentation Pursuant to Anticounterfeiting Consumer          1515-AC15
            Protection Act......................................................................
2840         19 CFR 134 Country-of-Origin Marking...............................................     1515-AC32
2841         19 CFR 24 Expanded Methods of Payment of Duties, Taxes, Interest and Fees..........     1515-AC40
2842         19 CFR 113 Importation and Entry Bond Conditions Regarding Other Agency                 1515-AC44
            Documentation Requirements..........................................................
2843         19 CFR 4 General Order Warehouses..................................................     1515-AC57
2844         19 CFR 4 Deferral of Duty on Large Yachts Imported for Sale........................     1515-AC58
2845         19 CFR 10 Civil Aircraft...........................................................     1515-AC59
2846         19 CFR 4 User and Navigation Fees; Other Reimbursable Charges......................     1515-AC63
2847         19 CFR 191 Merchandise Processing Fee Eligible to be Claimed as Unused Merchandise      1515-AC67
            Drawback............................................................................
2848         19 CFR 162 Civil Asset Forfeiture..................................................     1515-AC69
2849         19 CFR 10 African Growth and Opportunity Act and Generalized System of Preferences.     1515-AC72
2850         19 CFR 10 United States-Caribbean Basin Trade Partnership Act and Caribbean Basin       1515-AC76
            Initiative..........................................................................
2851         19 CFR 24 Reimbursable Customs Inspectional Services: Increase in Hourly Rate           1515-AC77
            Charge..............................................................................
2852         19 CFR 10 Duty-Free Treatment for Certain Beverages Made with Caribbean Rum........     1515-AC78
2853         19 CFR 102 Rules of Origin for Textile and Apparel Products........................     1515-AC80
2854         19 CFR 24 Amended Procedure for Obtaining Refunds of Harbor Maintenance Fees Paid       1515-AC82
            on Exports of Merchandise...........................................................

[[Page 62082]]

 
2855         19 CFR 132 Licenses for Certain Worsted Wool Fabrics Subject to Tariff-Rate Quota..     1515-AC83
2856         19 CFR 10 Amendment to Wool Duty Refund Program....................................     1515-AC85
2857         19 CFR 10 Preferential Treatment of Brassieres Under the United States-Caribbean        1515-AC89
            Basin Trade Partnership Act.........................................................
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2858         19 CFR 113 Automated Surety Interface..............................................     1515-AB25
2859         19 CFR 12 Textiles and Textile Products Subject to Textile Trade Agreements........     1515-AB54
2860         19 CFR 134 Country-of-Origin Marking Requirements for Frozen Produce Packages......     1515-AB61
2861         19 CFR 12 Entry of Softwood Lumber Shipments From Canada...........................     1515-AB97
2862         19 CFR 12 Determination of the Country-of-Origin of Textiles and Textile Products..     1515-AC00
2863         19 CFR 123 Designated Land Border Crossing Locations for Certain Conveyances.......     1515-AC12
2864         19 CFR 103 Public Disclosure of Aircraft Manifests.................................     1515-AC13
2865         19 CFR 102 NAFTA Preference Override...............................................     1515-AC25
2866         19 CFR 19 Personal-Use Limitation for Purchases at Duty-Free Stores................     1515-AC50
2867         19 CFR 12 Entry of Softwood Lumber Shipments from Canada...........................     1515-AC62
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2868         19 CFR 24 Time Limitation for Requesting Refunds of Harbor Maintenance Fees and for     1515-AC64
            Making Other Claims Against Customs.................................................
2869         19 CFR 159 Distribution of Continued Dumping and Subsidy Offset to Affected             1515-AC84
            Domestic Producers..................................................................
2870         19 CFR 148 Change in Flat Rate of Duty on Articles Imported For Personal or             1515-AC90
            Household Bona Fide Gifts...........................................................
----------------------------------------------------------------------------------------------------------------


                                     Internal Revenue Service--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2871         Gasoline Tax Claims Under Section 6416(A)(4).......................................     1545-BA27
----------------------------------------------------------------------------------------------------------------


                                  Internal Revenue Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2872         Reporting Requirements for Widely Held Fixed Investment Trusts.....................     1545-AU15
2873         Special Rules Applicable to Sales of Debt Instrument Between Record Dates and the       1545-AU95
            End of Accrual Periods..............................................................
2874         Return of Levied Property in Certain Cases.........................................     1545-AV01
2875         Removal of Temporary Regulations That Provide Rules for Substantiating Travel           1545-AV55
            Expense Deductions for Members of Congress..........................................
2876         Transportation of Persons and Property by Air--Sections 4261 and 4271..............     1545-AW19
2877         Estate Tax Deduction for Qualified Family-Owned Business Interests (QFOBI).........     1545-AW21
2878         Capital Gain Guidance Relating to CRTs.............................................     1545-AW35
2879         Merchandise Regulation.............................................................     1545-AW61
2880         Reporting of Payments to Attorney..................................................     1545-AW72
2881         Constructive Sales of Appreciated Financial Positions..............................     1545-AW97
2882         Highway Vehicle--Definition........................................................     1545-AX10
2883         Guidance on Cost Recovery in the Entertainment Industry............................     1545-AX12

[[Page 62083]]

 
2884         Change of Annual Accounting Period.................................................     1545-AX15
2885         Straddles--One Side Larger Than the Other..........................................     1545-AX16
2886         Definition of Accounting Method....................................................     1545-AX21
2887         Sections 401(k) and 410(m) Cash or Deferred Arrangements...........................     1545-AX26
2888         Inspection of Written Determinations Under IRC Section 6110........................     1545-AX40
2889         401(k) and 401(m) Regulations......................................................     1545-AX43
2890         Section 7430 Regulations...........................................................     1545-AX46
2891         Section 414(q) Regulation..........................................................     1545-AX48
2892         Address Correction.................................................................     1545-AX51
2893         Compensation Deferred Under Eligible Section 457(b) Plans (Section 457 Regulations)     1545-AX52
2894         Tax on Insurance Companies Other Than Life Insurance Companies.....................     1545-AX54
2895         Modification to Section 367(a) Stock Transfer Regulations..........................     1545-AX77
2896         Statute of Limitations on Collection Installment Agreements........................     1545-AX89
2897         Assumption of Partnership Liabilities..............................................     1545-AX93
2898         Like-Kind Exchanges Under Section 168..............................................     1545-AX95
2899         Definition of Diesel Fuel..........................................................     1545-AX97
2900         Constructive Transfers and Transfers of Property to Third Parties on Behalf of a        1545-AX99
            Spouse..............................................................................
2901         Guidance Necessary to Facilitate Electronic Tax Administration.....................     1545-AY04
2902         Damages Under Section 7433.........................................................     1545-AY08
2903         Electing Mark-to-Market for Marketable Stock of a PFIC.............................     1545-AY17
2904         Guidance on Changes to the Laws for Corporate Estimated Taxes......................     1545-AY22
2905         Section 1445 Regulation............................................................     1545-AY24
2906         IRS NPRM Guidance Under Section 6050P Regarding Information Reporting on                1545-AY35
            Cancellation of Indebtedness........................................................
2907         Dollar-Value LIFO..................................................................     1545-AY39
2908         Section 83-1032 Conforming Changes.................................................     1545-AY40
2909         Guidance Under Section 817A Regarding Modified Guaranteed Contracts................     1545-AY48
2910         Application of Section 338 to Insurance Companies..................................     1545-AY49
2911         Guidance Necessary to Facilitate Electronic Tax Administration.....................     1545-AY56
2912         Normal Retirement Age for Pension Plans............................................     1545-AY61
2913         Liabilities Assumed in Certain Corporate Transactions..............................     1545-AY74
2914         Normalization......................................................................     1545-AY75
2915         Qualified S Election for Testamentary Trusts.......................................     1545-AY76
2916         Disclosure of Returns and Return Information by Other Agencies.....................     1545-AY77
2917         Research Credit III................................................................     1545-AY82
2918         Treatment of Community Income for Certain Individuals Not Filing Joint Returns.....     1545-AY83
2919         Low-Income Taxpayer Clinics........................................................     1545-AY84
2920         New Market Tax Credit..............................................................     1545-AY87
2921         Amendment to the Definition of Private Business Use Applicable to Tax-exempt Bonds      1545-AY88
            Issued by State and Local Governments...............................................
2922         Disclosure of Returns and Return Information in Judicial and Administrative Tax         1545-AY89
            Proceedings.........................................................................
2923         Section 736(b)(3)(B)...............................................................     1545-AY90
2924         Regulations Under Sections 6662 and 6664 Regarding Tax Shelter Penalties...........     1545-AY97
2925         Tort Type Rights Test..............................................................     1545-AY99
2926         Expenditures in Connection with the Creation of Intangible Assets..................     1545-BA00
2927         Entertainment Expenses Treated as Compensation.....................................     1545-BA03
2928         Conforming Amendments to Section 446...............................................     1545-BA05
2929         Mergers Involving Disregarded Entities.............................................     1545-BA06
2930         Notice of Significant Reduction in the Rate of Future Benefit Accrual..............     1545-BA08
2931         Consolidated Returns; Non-Applicability of Section 357(c)..........................     1545-BA09
2932         Reductions of Accruals and Allocations because of Increased Age....................     1545-BA10
2933         Guidance Under Section 1502 Regarding Transactions Involving Obligations of             1545-BA11
            Consolidated Group Members..........................................................
2934         Guidance Regarding the Treatment by a Corporation of Financial Instrument Based on      1545-BA12
            the Value of that Corporation's Stock...............................................
2935         Deductibility of Employer Contributions for Deferred Compensation..................     1545-BA13
2936         Continuation of a Consolidated Group Under 1.1502-75...............................     1545-BA14
2937         Eligibility for Receiving LITC Grants..............................................     1545-BA19
2938         Guidance Regarding the Active Trade or Business Requirement of Section 355(b)......     1545-BA20
2939         Catch-Up Contributions for Individuals Age 50 or Over..............................     1545-BA23
2940         Catch-Up Contributions for Individuals Age 50 or Over..............................     1545-BA24

[[Page 62084]]


2941         Unit Livestock Pricing Method......................................................     1545-BA25
2942         Application of the Federal Insurance Contributions Act, Federal Unemployment Tax        1545-BA26
            Act and Collection of Income Tax at Source to Statutory Stock Options...............
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2943         Income Tax--Taxpayer's Obligation To File a Notice of Redetermination of Foreign        1545-AC09
            Tax and Civil Penalties for Failure to File.........................................
2944         Nonrecognition of Corporate Distributions and Reorganizations Under the Foreign         1545-AK79
            Investment in Real Property Tax Act.................................................
2945         Limitations on Passive Activity Losses and Credits--Self-Charged Items.............     1545-AN64
2946         Definition of ``Highly Compensated Employee''......................................     1545-AQ74
2947         Escrow Funds and Other Similar Funds...............................................     1545-AR82
2948         Effect of the Family and Medical Leave Act on the Operation of Cafeteria Plans.....     1545-AT47
2949         Treatment of Obligation-Shifting Transactions......................................     1545-AU19
2950         Electing Small Business Trust......................................................     1545-AU76
2951         Interest on Education Loans........................................................     1545-AW01
2952         Averaging of Farm Income...........................................................     1545-AW05
2953         Mark-to-Market Accounting for Dealers in Commodities and Traders in Securities and      1545-AW06
            Commodities.........................................................................
2954         Election To Treat Trust as Estate--Section 645.....................................     1545-AW24
2955         Corporate Tax Shelter Registration.................................................     1545-AW26
2956         Intercompany Obligations...........................................................     1545-AW30
2957         Disregarded Entities...............................................................     1545-AW36
2958         Payment of Taxes by Credit Card and Debit Card.....................................     1545-AW37
2959         Middleman Regulation Under Sections 6041 and 6045..................................     1545-AW48
2960         Relief From Joint and Several Liability on Joint Return............................     1545-AW64
2961         Education Credits..................................................................     1545-AW65
2962         Information Reporting for Payments of Tuition and Interest on Education Loans......     1545-AW67
2963         Modifications and Additions to the Unified Partnership Audit Procedures............     1545-AW86
2964         Compromises........................................................................     1545-AW88
2965         Notice and Opportunity for Hearing Before Levy.....................................     1545-AW90
2966         Notice and Opportunity for Hearing Upon Filing of Notice of Lien...................     1545-AW91
2967         Certain Asset Transfers to Regulated Investment Companies (RICs) and Real Estate        1545-AW92
            Investment Trusts (REITs)...........................................................
2968         Transfer of REMIC Residual Interest................................................     1545-AW98
2969         Qualified Offers...................................................................     1545-AW99
2970         Notice of Contact of Third Parties--Section 7602(c)................................     1545-AX04
2971         Allocation of Research Credit......................................................     1545-AX05
2972         Delay Rental Payments..............................................................     1545-AX06
2973         Coordination of Sections 755 and 1060..............................................     1545-AX18
2974         Dollar-Value LIFO Regulations......................................................     1545-AX20
2975         Exclusion of Gain on the Sale or Exchange of Principal Residence...................     1545-AX28
2976         Special Rules for Retroactive Payments Under Section 417(a)(7)(a) for Qualified         1545-AX34
            Retirement Plans....................................................................
2977         Agent for the Group Under Section 1.1502-77........................................     1545-AX56
2978         Loans Under Section 72(p)..........................................................     1545-AX68
2979         Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters......     1545-AX79
2980         Tax Shelter Disclosure Statements..................................................     1545-AX81
2981         HIPAA Portability..................................................................     1545-AX84
2982         Disclosure of Return and Return Information to Designee of Taxpayer................     1545-AX85
2983         Determination of Basis of Partners' Interest; Special Rules........................     1545-AX94
2984         Definition of Income Under Section 643.............................................     1545-AX96
2985         Regulations Governing Practice Before the Internal Revenue Service.................     1545-AY05
2986         Check the Box Regulations--Amendment...............................................     1545-AY16
2987         ''Authorized Placement Agency'' Under Section 152..................................     1545-AY18
2988         Disqualified Persons...............................................................     1545-AY19
2989         Mid-Contract Change in Taxpayer....................................................     1545-AY31

[[Page 62085]]


2990         HIPAA General Nondiscrimination....................................................     1545-AY32
2991         HIPAA Nondiscrimination/Exception for Church Plans.................................     1545-AY33
2992         HIPAA Nondiscrimination/Bona Fide Wellness Programs................................     1545-AY34
2993         Section 355(e) Guidance............................................................     1545-AY42
2994         Disclosure of Return Information to Officers and Employees of the Department of         1545-AY52
            Commerce for Certain Statistical Purposes and Related Activities....................
2995         Liabilities Assumed in Certain Corporate Transactions..............................     1545-AY55
2996         Excise Taxes on Excess Benefit Transactions........................................     1545-AY65
2997         Section 706 and Foreign Partners...................................................     1545-AY66
2998         Tax Treatment of Cafeteria Plans...................................................     1545-AY67
2999         Notice to Interested Parties.......................................................     1545-AY68
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3000         Income Tax--Definition of Qualified Possession Source Investment Income for             1545-AC10
            Purposes of Puerto Rico and Possession Tax Credit...................................
3001         Golden Parachute Payments..........................................................     1545-AH49
3002         FSC Transfer Pricing Rules, Distributions, Dividends Received, Deduction, and Other     1545-AI16
            Special Rules for FSC...............................................................
3003         Income Tax--Reciprocal Exemptions for Certain Transportation Income................     1545-AJ57
3004         Information From Passport and Immigration Applicants...............................     1545-AJ93
3005         Regulations Under Section 367 To Reflect Section 131 of the Tax Reform Act of 1984      1545-AK74
            (Pub. L. 98-369)....................................................................
3006         Foreign Insurance Companies........................................................     1545-AL82
3007         Income of Foreign Governments and International Organizations......................     1545-AL93
3008         Clarification of Treatment of Separate Limitation Losses...........................     1545-AM11
3009         Computation of a Branch's Taxable Income; Taxation of Exchange Gain or Loss on          1545-AM12
            Branch Remittances..................................................................
3010         Earnings and Profits of Controlled Foreign Corporations............................     1545-AM90
3011         CBI Investments of Section 936 Funds...............................................     1545-AM91
3012         Section 361 Outbound Transfers of Property to Foreign Corporations.................     1545-AM97
3013         Railroad Unemployment Repayment Tax................................................     1545-AN40
3014         Consolidated Alternative Minimum Tax...............................................     1545-AN73
3015         Conforming Taxable Years of CFCs and FPHCs: 1989 Change............................     1545-AO22
3016         Earnings Stripping Payments........................................................     1545-AO24
3017         Foreign Insurance Company--Domestic Election.......................................     1545-AO25
3018         Fringe Benefit Sourcing Under Section 861..........................................     1545-AO72
3019         Taxation of Global Trading.........................................................     1545-AP01
3020         Information Reporting and Record Maintenance Under Section 6038C...................     1545-AP10
3021         Charitable Contributions...........................................................     1545-AP30
3022         Section 1.163-1(b)(2)..............................................................     1545-AP33
3023         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.............
3024         Use of GAAP Earnings as E&P of Foreign Corporations................................     1545-AQ55
3025         Interest-Free Adjustments..........................................................     1545-AQ61
3026         The Treatment of Accelerated Death Benefits Under Sections 101, 7702 and 7702A of       1545-AQ70
            the Internal Revenue Code...........................................................
3027         Integrated Financial Transaction...................................................     1545-AR20
3028         Section 6048 Regulations...........................................................     1545-AR25
3029         Applications of Section 1503(d) to Partnerships and Other Items....................     1545-AR26
3030         Intercompany Transfer Pricing for Services.........................................     1545-AR32
3031         Mark-to-Market Upon Disposition....................................................     1545-AS85
3032         Straddles--Miscellaneous Issues....................................................     1545-AT46
3033         Allocation of Accrued Benefits Between Employer and Employee Contributions.........     1545-AT82
3034         Proposed Regulation Under Sections 882 and 884.....................................     1545-AT96
3035         Application of Grantor Trust Rules to Nonexempt Employees' Trust...................     1545-AU29
3036         Recomputation of Life Insurance Reserves...........................................     1545-AU49
3037         Source Rules for Payments Made Pursuant to Certain Swap Arrangements...............     1545-AU89

[[Page 62086]]


3038         Application of Attribution Rules to Foreign Trusts.................................     1545-AU91
3039         FASIT--Start-up/Operational/Transition.............................................     1545-AU94
3040         Agreements for Payment of Tax Liabilities in Installments..........................     1545-AU97
3041         Definition of ``Private Activity Bonds'' Allocation and Accounting Regulations.....     1545-AU98
3042         Regulations Under Section 1441 Regarding the Electronic Transmission of Withholding     1545-AV27
            Certificates........................................................................
3043         Required Distributions From Qualified Plans and Individual Retirement Plans........     1545-AV82
3044         Foreign Tax Credit Anti-abuse Regulation...........................................     1545-AV97
3045         Allocation of Loss on Disposition of Personal Property.............................     1545-AW09
3046         Stocks and Securities Safe Harbor Exception........................................     1545-AW13
3047         Section 988--Contingent Debt Instrument............................................     1545-AW33
3048         Conversion to the Euro.............................................................     1545-AW43
3049         Source of Income From Certain Space and Ocean Activities and for Communications         1545-AW50
            Income..............................................................................
3050         Guidance Under Subpart F Relating to Certain Hybrid Transactions...................     1545-AW63
3051         Rules for Sourcing Certain Transportation Income, Space or Ocean Activity Income,       1545-AX02
            and Related Foreign Base Company Shipping Income....................................
3052         Guaranteed Investment Contracts....................................................     1545-AX22
3053         Changes in Entity Classification: Special Rule for Certain Foreign Eligible             1545-AX39
            Entities............................................................................
3054         Definition of Private Activity Bond--Refunding Regulations.........................     1545-AX55
3055         Stock Transfer Rules: Carryover of Earnings and Taxes..............................     1545-AX65
3056         Equity Options with Flexible Terms.................................................     1545-AX66
3057         Allocation and Apportionment of Interest Expense and Certain Other Expenses........     1545-AX72
3058         Clarification of Entity Classification Rules Regarding Entities Classified as           1545-AX75
            Corporations........................................................................
3059         Definition of Passive Foreign Investment Company Under Section 1297................     1545-AX78
3060         Procurement/Purchasing Card Reporting..............................................     1545-AX86
3061         Application of Separate Foreign Tax Credit Limitations.............................     1545-AX88
3062         Clarification of Foreign-Based Company Sales Income Rules..........................     1545-AX91
3063         Capitalization of Interest and Carrying Charges Properly Allocable to Straddles....     1545-AX92
3064         Hedging Transactions Under Section 1221(a)(7) and Section 446......................     1545-AY02
3065         Guidance Under Section 894.........................................................     1545-AY03
3066         Investment Type Property (Prepayment)..............................................     1545-AY12
3067         Guidance Under Section 894 (Temporary).............................................     1545-AY13
3068         Active Conduct of an Insurance Business Under PFIC Rules...........................     1545-AY20
3069         Disallowance of Deductions and Credits for Failure to File Timely Return...........     1545-AY26
3070         Section 1503(d) Regulation.........................................................     1545-AY27
3071         Withholding Tax on Foreign Partners'; Share of Effectively Connected Income........     1545-AY28
3072         Taxable Years of CFCs and FPHCs....................................................     1545-AY30
3073         Allocation of Income and Deductions from Intangibles...............................     1545-AY38
3074         Section 367(d) Regulations.........................................................     1545-AY41
3075         Special Rules for S Corporations Under Section 301.7701(b)-7.......................     1545-AY44
3076         Guidance Under Subpart F Relating to Partnerships..................................     1545-AY45
3077         Electronic Furnishing of Payee Statements..........................................     1545-AY50
3078         Previously Taxed Earnings and Profits Under Subpart F..............................     1545-AY54
3079         Guidance Under Section 1275(a)(1)(B)(ii)...........................................     1545-AY60
3080         Guidance on Reporting of Deposit Interest Paid to Nonresident Aliens...............     1545-AY62
3081         Required Distributions from Retirement Plans.......................................     1545-AY69
3082         Required Distributions from Retirement Plans.......................................     1545-AY70
3083         Obligation of States and Political Subdivisions....................................     1545-AY71
3084         Disclosure of Returns and Return Information by Other Agencies (Temporary).........     1545-AY78
3085         Charitable Lead Interest...........................................................     1545-AY86
3086         Net Gift Treatment--Section 2519...................................................     1545-AY91
3087         Section 1441 Proposed Regulation (Promulgates Notices 2000-4 and 2000-11)..........     1545-AY92
3088         Guidance Under IRC Section 4374....................................................     1545-AY93
3089         Definition of Agent for Purposes of I.R.C. Sections 6103(1) and (m) and Safeguard       1545-AY94
            Certifications......................................................................
3090         Termination of QSub Election.......................................................     1545-AY95
3091         Title--Allocation and Apportionment of Interest Expense............................     1545-BA02
3092         Consolidated Returns; Investment Adjustments Involving Preferred Stock.............     1545-BA15
3093         Proposed Regulation for Procurement/Purchasing Card Reporting......................     1545-BA17
3094         Counting 2100 Notices..............................................................     1545-BA18
3095         Certain Property Transfer to Regulated Investment Companies (RICs) and Real Estate      1545-BA21
            Investment Trusts (REITs)...........................................................

[[Page 62087]]


3096         Judicial Approval of Principal Residence Seizures..................................     1545-BA22
3097         Dealings Between Taxpayers and Their QBLIS.........................................     1545-BA28
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3098         Foreign Grantor Trusts.............................................................     1545-AO75
3099         Passive Foreign Investment Companies--Special Rules for Foreign Banks and               1545-AS46
            Securities Dealers..................................................................
3100         Civil Cause of Action for Certain Unlawful Collection Actions......................     1545-AU68
3101         Withdrawal of Notice of Federal Tax Lien...........................................     1545-AV00
3102         EIC Eligibility....................................................................     1545-AV61
3103         Qualified Zone Academy Bonds.......................................................     1545-AV75
3104         Special Rules Regarding the Simplified Production and Resale Methods with Historic      1545-AW54
            Absorption Ratio Election...........................................................
3105         Qualified Zone Academy Bonds Credit Rate...........................................     1545-AX03
3106         Deposit of Excise Taxes--Revision..................................................     1545-AX11
3107         Grouping Rules for Foreign Sales Corporation Transfer Pricing......................     1545-AX41
3108         Notional Principal Contracts and Other Financial Products..........................     1545-AX45
3109         Disclosures of Return Information to Officers and Employees of the Department of        1545-AX69
            Agriculture for Certain Statistical Purposes and Related Activities.................
3110         Automatic Extension for Form 706...................................................     1545-AX98
3111         Regulations Governing Practice Before the Internal Revenue Service.................     1545-AY07
3112         Classification of Certain Employee Benefit Trusts..................................     1545-AY09
3113         Guidance Under Section 6302 Regarding the Federal Tax Deposit System...............     1545-AY10
3114         Broker's Commissions and Similar Fees..............................................     1545-AY15
3115         Interest Free Adjustments Under Section 6205.......................................     1545-AY21
3116         Recognition of Gain on Certain Transfers to Foreign Trusts and Estates.............     1545-AY25
3117         Nondiscrimination Requirements for Certain Defined Contribution Retirement Plans...     1545-AY36
3118         Regulations Implementing Section 420(c)(3)(E)......................................     1545-AY43
3119         6302 De Minimis Threshold..........................................................     1545-AY47
3120         Time For Filing Form 1139 by a Consolidated Group..................................     1545-AY58
3121         Withdrawal of Section 301.6656-1 and Section 301.6656-2............................     1545-AY79
3122         Special Aggregate Stock Ownership Rules Under 1.1502-34............................     1545-AY80
3123         Taxable Fuel Measurement...........................................................     1545-AY85
3124         Section 355(e) Temporary Guidance..................................................     1545-BA01
3125         Modification of Tax Shelter Rules II...............................................     1545-BA04
----------------------------------------------------------------------------------------------------------------


                                   Office of Thrift Supervision--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3126         12 CFR 563e Community Reinvestment Act.............................................     1550-AB48
----------------------------------------------------------------------------------------------------------------


                                Office of Thrift Supervision--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3127         12 CFR 567 Capital Rules...........................................................     1550-AB11
3128         12 CFR 545 Directors and Officers..................................................     1550-AB19
3129         12 CFR 590 Due-On-Sale and Usury Preemption........................................     1550-AB25
3130         12 CFR 571 Fair Credit Reporting...................................................     1550-AB33
3131         12 CFR 560 Lending and Investment..................................................     1550-AB37

[[Page 62088]]


3132         12 CFR 550 Fiduciary Powers of Savings Associations; Recordkeeping and Confirmation     1550-AB49
            Requirements for Securities Transactions............................................
3133         12 CFR 584 Authority for Nongrandfathered Savings and Loan Holding Companies.......     1550-AB52
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3134         12 CFR 563b Mutual Savings Associations, Mutual Holding Company Reorganizations,        1550-AB24
            and Conversions.....................................................................
3135         12 CFR 567 Capital: Qualifying Mortgage Loan, Interest Rate Risk Component, and         1550-AB45
            Miscellaneous Changes...............................................................
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3136         12 CFR 560 Responsible Alternative Mortgage Lending................................     1550-AB51
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
3137         12 CFR 545 Types of Offices........................................................     1550-AB18
3138         12 CFR 545 Nondeposit Investment Products..........................................     1550-AB22
3139         12 CFR 584 Holding Company Activities..............................................     1550-AB29
3140         12 CFR 506 Removal of Liquidity Requirement........................................     1550-AB42
3141         12 CFR 552 Conversion From Stock Form Depository Institution to Federal Stock           1550-AB46
            Association.........................................................................
3142         12 CFR 502 Assessments and Fees....................................................     1550-AB47
3143         12 CFR 555 Study of Banking Regulations Re: the Online Delivery of Financial            1550-AB50
            Services............................................................................
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Departmental Offices (DO)



_______________________________________________________________________




2686.  COMMON RULE SUSPENSION AND DEBARMENT

Priority: Substantive, Nonsignificant

Legal Authority: 41 USC 701

CFR Citation: 31 CFR 19; 31 CFR 20

Legal Deadline: None

Abstract: The common rule provides uniform requirements for debarment 
and suspension by executive branch agencies to protect assistance, 
loans, benefits and other nonprocurement activities from waste, fraud, 
abuse and poor performance, similar to the system used for Federal 
procurement activities under subpart 9.4 of the Federal Acquisition 
Regulation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cathy Thomas, Management Analyst, Department of the 
Treasury, Room 6230, 1500 Pennsylvania Avenue NW., Washington, DC 20220
Phone: 202 622-0817
Fax: 202 622-2318

RIN: 1505-AA86

[[Page 62089]]

_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Departmental Offices (DO)



_______________________________________________________________________




2687. 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              12/00/01

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-AA81
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Departmental Offices (DO)



_______________________________________________________________________




2688. POSSIBLE REGULATION OF ACCESS TO ACCOUNTS AT FINANCIAL 
INSTITUTIONS THROUGH PAYMENT SERVICE PROVIDERS

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

CFR Citation: 31 CFR ch II

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           01/08/99                     64 FR 1149
ANPRM Comment Period End        04/08/99


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Roger Bezdek
Phone: 202 622-1807

RIN: 1505-AA74
_______________________________________________________________________




2689. FINANCIAL ACTIVITIES OF FINANCIAL SUBSIDIARIES

Priority: Substantive, Nonsignificant

CFR Citation: Not Yet Determined

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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary W. Sutton
Phone: 202 622-1976
Fax: 202 622-1974
Email: [email protected]

RIN: 1505-AA80
_______________________________________________________________________




2690. SECRETARY'S DETERMINATION OF REAL ESTATE BROKERAGE

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 1501.2

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/03/01                      66 FR 307
NPRM Comment Period End         03/02/01
NPRM Comment Period Extended    05/01/01                    66 FR 12440


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary W. Sutton
Phone: 202 622-1976
Fax: 202 622-1974
Email: [email protected]

RIN: 1505-AA84
_______________________________________________________________________




2691. SECRETARY'S DETERMINATION OF OTHER ACTIVITIES FINANCIAL IN NATURE

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 1501.2

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              01/02/01                      66 FR 257
Interim Final Rule Effective    01/02/01
Interim Final Rule Comment 
Period End                      02/02/01


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary W. Sutton
Phone: 202 622-1976
Fax: 202 622-1974
Email: [email protected]

RIN: 1505-AA85
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Departmental Offices (DO)



_______________________________________________________________________




2692. RESOLUTION FUNDING CORPORATION OPERATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 1510

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      09/11/01                    66 FR 47070
Final Rule Effective            09/11/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

[[Page 62090]]

Fax: 202 622-1974

RIN: 1505-AA79
_______________________________________________________________________




2693. AMENDMENTS TO THE GOVERNMENT SECURITIES ACT REGULATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 17 CFR 450

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      05/24/01                    66 FR 28654

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lee Grandy
Phone: 202 691-3632
Fax: 202 219-3639
Email: [email protected]

Deidere Brewer
Phone: 202 691-3632

RIN: 1505-AA82
BILLING CODE 4810-25-S
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2694. 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                            01/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Cynthia L. Clark, Acting 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)



_______________________________________________________________________




2695. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS REGARDING REPORTING 
OF CROSS-BORDER TRANSPORTATION OF CERTAIN MONETARY INSTRUMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 31 CFR 103

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/22/97                     62 FR 3249
NPRM Comment Period End         04/22/97
Final Action                    06/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cynthia L. Clark, Acting 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
_______________________________________________________________________




2696. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS 
ACTIVITY REPORTING--CASINOS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(g)

CFR Citation: 31 CFR 103

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/18/98                    63 FR 27230
Final Action                    06/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cynthia L. Clark, Acting 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
_______________________________________________________________________




2697. 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.

[[Page 62091]]

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 Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Cynthia L. Clark, Acting 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
_______________________________________________________________________




2698.  AMENDMENT TO THE BSA REGULATIONS-REQUIREMENT THAT MONEY 
TRANSMITTERS AND MONEY ORDER AND TRAVELERS CHECK ISSUERS, SELLERS, AND 
REDEEMERS REPORT SUSPICIOUS TRANSACTIONS-IMPLEMENTATION DATE

Priority: Substantive, Nonsignificant

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

CFR Citation: 31 CFR 103.20(f); 31 CFR 103.41

Legal Deadline: None

Abstract: This document would address the implementation date of the 
Bank Secrecy Act rule requiring money transmitters and issuers, 
sellers, and redeemers of money orders and traveler's checks to report 
suspicious transactions to the Department of the Treasury.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Patrice A. Motz, Chief, Money Services Businesses 
Programs, Department of the Treasury, Financial Crimes Enforcement 
Network, Suite 200, 2070 Chain Bridge Road, Vienna, VA 22182
Phone: 800 949-2732

RIN: 1506-AA24
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Financial Crimes Enforcement Network (FINCEN)



_______________________________________________________________________




2699. 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: Cynthia L. Clark
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA08
_______________________________________________________________________




2700. 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: Cynthia L. Clark
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)



_______________________________________________________________________




2701. CLAIMS ON ACCOUNT OF TREASURY CHECKS

Priority: Substantive, Nonsignificant

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: Title 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. This 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                            05/00/02

[[Page 62092]]

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: 202 874-8445

RIN: 1510-AA51
_______________________________________________________________________




2702. 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                            02/00/02

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: 202 874-6660

RIN: 1510-AA72
_______________________________________________________________________




2703. 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 321; 12 USC 
323; 12 USC 332; 12 USC 391; 12 USC 1452(d); 12 USC 1464(k); 12 USC 
1767; 12 USC 1789(a); 12 USC 2013; 12 USC 2122; 12 USC 3102; 12 USC 
6302; 31 USC 3301 to 3304

CFR Citation: 31 CFR 203

Legal Deadline: None

Abstract: This first rule amends the regulation to provide the 
Secretary greater flexibility to adjust the rate of interest charged on 
funds loaned through the Treasury Tax and Loan (TT&L) program. The rule 
also allows for a new TT&L investment option for financial 
institutions. This second rule includes general revisions which 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:
________________________________________________________________________

General Revisions  NPRM 12/00/01  Final Action 03/00/02

Treasury Tax and Loan Rate of Interest  NPRM 07/30/99 (64 FR 
41747)  NPRM Comment Period End 09/28/99  Final Action 12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Walt Henderson, Senior Financial Program Specialist, 
Cash Management Policy and Planning Directorate, Department of the 
Treasury, Financial Management Service, 401 14th Street SW., 
Washington, DC 20227
Phone: 202 874-6705
Email: [email protected]

RIN: 1510-AA79
_______________________________________________________________________




2704.  SURETY BOND REIMBURSEMENT FUND

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

Legal Authority: 31 USC 9304 to 9308

CFR Citation: 31 CFR 223

Legal Deadline: None

Abstract: This regulation covers the procedures to grant insurance 
companies the authority to issue Federal surety bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Federalism:  Undetermined

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-AA85
_______________________________________________________________________




2705.  MANAGEMENT OF FEDERAL AGENCY RECEIPTS AND DISBURSEMENTS; 
OPERATION OF THE CASH MANAGEMENT IMPROVEMENT FUND

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

Unfunded Mandates: Undetermined

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

CFR Citation: 31 CFR 206

Legal Deadline: None

Abstract: This regulation governs collection and deposit regulations 
requiring timely methods, principally Electronic Funds Transfer (EFT), 
for the collection and deposit of funds as authorized by section 2652 
of the Deficit Reduction Act of 1984. This regulation also incorporates 
revisions authorized by the Cash Management Act of 1990 and the Cash 
Management Improvement Act Amendments of 1992. These revisions require 
executive agencies to use effective, efficient disbursement mechanisms, 
principally EFT, in the delivery of payments. An agency's failure to 
comply with this regulation may result in a charge equal to the cost of 
such non-compliance to the Treasury's General Fund.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

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

[[Page 62093]]

Phone: 202 874-7106
Email: [email protected]

RIN: 1510-AA86
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Financial Management Service (FMS)



_______________________________________________________________________




2706. RULES AND PROCEDURES FOR EFFICIENT FEDERAL-STATE FUNDS TRANSFERS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

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
Comment Period End              01/10/01
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Federal

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

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

RIN: 1510-AA38
_______________________________________________________________________




2707. INDORSEMENT AND PAYMENT OF CHECKS DRAWN ON THE UNITED STATES 
TREASURY

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 12 USC 391; 31 USC 321; 31 USC 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 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              12/00/01
NPRM III                        04/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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
_______________________________________________________________________




2708. FOREIGN EXCHANGE OPERATIONS

Priority: Substantive, Nonsignificant

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
Final Action                    09/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Sally Phillips, Financial Program Specialist, Cash 
Management Policy and Planning Division, Department of the Treasury,

[[Page 62094]]

Financial Management Service, Room 403, 401 14th Street SW., 
Washington, DC 20227
Phone: 202 874-7106
Email: [email protected]

RIN: 1510-AA48
_______________________________________________________________________




2709. PAYMENTS UNDER JUDGMENT AND PRIVATE RELIEF ACTS

Priority: Substantive, Nonsignificant

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 will 
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 will 
reflect the removal of these monetary limitations and the resulting 
submission requirements. These changes in the regulation will 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                    04/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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
_______________________________________________________________________




2710. 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 the administrative offset of Federal 
payments by disbursing officials of the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              01/00/02

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: 202 874-6660

RIN: 1510-AA65
_______________________________________________________________________




2711. 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                    03/00/02

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: 202 874-6660

RIN: 1510-AA70
_______________________________________________________________________




2712. 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

________________________________________________________________________

NPRM                            12/20/99                    64 FR 71233
Interim Final Rule              12/20/99                    64 FR 71227
Final Action                    01/00/02

Regulatory Flexibility Analysis Required: 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
_______________________________________________________________________




2713. 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: One 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 2002. The second revision will provide needed updates to 
support movement of ACH transactions on the Internet for Federal 
collections and the use of check conversion in Federal collections.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              02/00/02
2001 ACH Rules  Interim Final Rule 02/16/01 (66 FR 10578)

[[Page 62095]]

Check Conversion and Internet Transactions  NPRM 04/12/01 (66 FR 
18888)  Final Action 12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Agency Contact: Walt Henderson, Senior Financial Program Specialist, 
Cash Management Policy and Planning Directorate, Department of the 
Treasury, Financial Management Service, 401 14th Street SW., 
Washington, DC 20227
Phone: 202 874-6705
Email: [email protected]

RIN: 1510-AA81
_______________________________________________________________________




2714.  DELIVERY OF CHECKS AND WARRANTS TO ADDRESSES OUTSIDE THE 
UNITED STATES

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 321; 5 USC 301

CFR Citation: 31 CFR 211

Legal Deadline: None

Abstract: This rule revises the regulations governing the delivery of 
checks outside the United States by removing the reference to 
Democratic Kampuchea, now known as Cambodia.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: William S. Mehr, Manager, Administrative Services 
Branch, Department of the Treasury, Financial Management Service, Room 
358, 401 14th Street SW., Washington, DC 20227
Phone: 202 874-6932

RIN: 1510-AA88
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Financial Management Service (FMS)



_______________________________________________________________________




2715. OFFSET OF FEDERAL PAYMENTS (OTHER THAN TAX REFUND AND FEDERAL 
BENEFIT PAYMENTS) TO COLLECT PAST-DUE DEBTS OWED TO STATES (OTHER THAN 
CHILD SUPPORT)

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 285.6

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Federalism:  Undetermined

Agency Contact: Gerry Isenberg
Phone: 202 874-6660

RIN: 1510-AA66
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Financial Management Service (FMS)



_______________________________________________________________________




2716.  ADMINISTRATIVE WAGE GARNISHMENT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6402; 31 USC 321; 31 USC 3701; 31 USC 3711; 31 
USC 3716; 31 USC 3720A; 31 USC 3720B; 31 USC 3720D; EO 13019

CFR Citation: 3 CFR 1996, comp, p. 216

Legal Deadline: None

Abstract: The rule makes technical amendments to regulations issued by 
the Department of the Treasury, Financial Management Service concerning 
implementation of the administrative wage garnishment provisions of the 
Debt Collection Improvement Act of 1996.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    10/11/01                    66 FR 51861
Final Action Effective          10/11/01

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: 202 874-6660

RIN: 1510-AA87
BILLING CODE 4810-35-S

[[Page 62096]]

_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2717. REVISION OF BREWERY REGULATIONS AND ISSUANCE OF REGULATIONS FOR 
TAVERNS ON BREWERY PREMISES (BREWPUBS)

 Regulatory Plan: This entry is Seq. No. 110 in part II of this issue 
of the Federal Register.

RIN: 1512-AB37
_______________________________________________________________________




2718. 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                            12/00/01

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
_______________________________________________________________________




2719. ALCOHOL BEVERAGE HEALTH WARNING STATEMENT

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205; 27 USC 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                           05/22/01                    66 FR 28135
ANPRM Comment Period End        08/20/01
NPRM                            06/00/02

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
_______________________________________________________________________




2720.  PROPOSED ADDITION OF ``TANNAT'' AS A GRAPE VARIETY NAME 
FOR AMERICAN WINES

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/02

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, 111 W. Huron Street, 
Room 219, Buffalo, NY 14202-2301
Phone: 716 551-4048

RIN: 1512-AC50



_______________________________________________________________________



EXPLOSIVES


                    ________________________________



2721. IDENTIFICATION MARKINGS PLACED ON EXPLOSIVE MATERIALS

Priority: Substantive, Nonsignificant

Legal Authority: 18 USC 847

CFR Citation: 27 CFR 55

Legal Deadline: None

Abstract: ATF is considering amending the regulations to require 
licensed importers to legibly identify by marking all imported 
explosive materials. Based on a petition we have received, we wish to 
gather information by inviting comments from the public and industry 
whether the regulations should be amended.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           11/03/00                    65 FR 67669
ANPRM Comment Period End        01/12/01
NPRM                            06/00/02

Regulatory Flexibility Analysis Required: Undetermined

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-AC25
_______________________________________________________________________




2722. COMMERCE IN EXPLOSIVES-SPORT ROCKET MOTORS

Priority: Substantive, Nonsignificant

Legal Authority: 18 USC 847

CFR Citation: 27 CFR 55

Legal Deadline: None

Abstract: ATF is amending the regulations to clarify which explosives 
are not subject to ATF importation, distribution, and storage 
requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/02
NPRM Comment Period End         08/00/02

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-AC30

[[Page 62097]]




_______________________________________________________________________



FIREARMS


                    ________________________________



2723. COMMERCE IN EXPLOSIVES (INCLUDING EXPLOSIVES IN THE FIREWORKS 
INDUSTRY)

 Regulatory Plan: This entry is Seq. No. 111 in part II of this issue 
of the Federal Register.

RIN: 1512-AB48
_______________________________________________________________________




2724. 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                            12/00/01

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
_______________________________________________________________________




2725. 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                            06/00/02

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
_______________________________________________________________________




2726. 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)

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                            03/00/02
Interim Final Rule              03/00/02

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


                    ________________________________



2727. PLAIN LANGUAGE IN PART 7

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 7

Legal Deadline: None

Abstract: This project revises regulations to plain language. The 
revision will make no substantive changes to the current 27 CFR part 7.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

[[Page 62098]]

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-AC10



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2728. ELIMINATION OF APPLICATION TO REMOVE TOBACCO PRODUCTS FROM 
MANUFACTURER'S PREMISES FOR EXPERIMENTAL PURPOSES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5704

CFR Citation: 27 CFR 270

Legal Deadline: None

Abstract: This rule eliminates the requirements that manufacturers of 
tobacco products apply to ATF to remove tobacco products from their 
factories in bond for experimental purposes and replaces it with 
records.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/17/01                    66 FR 52730
NPRM Comment Period End         12/17/01

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-AC32
_______________________________________________________________________




2729. ELIMINATION OF STATISTICAL CLASSES FOR LARGE CIGARS

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: 27 CFR 270; 27 CFR 275

Legal Deadline: None

Abstract: This notice proposes to eliminate reporting categories in 
regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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-AC33
_______________________________________________________________________




2730.  IMPLEMENTATION OF SECTION 1908 OF PUBLIC LAW 100-418

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 44

Legal Deadline: None

Abstract: The temporary rule prescribes ATF regulations relating to 
section 1908 of Public Law 100-418. This section allowed the Secretary 
of the Treasury to establish a separate class of customs bonded 
warehouses for duty-free sales enterprises.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01
Interim Final Rule              12/00/01

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-AC56
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2731. 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:
________________________________________________________________________

Buena Vista Lake, CA (contact Nancy Sutton)  End Review 08/01/01

California Coast, CA (contact Nancy Sutton)  NPRM 09/26/00 (65 FR 
57763)  Final Action To Be Determined

Diamond Mountain, CA (contact Jennifer Berry)  NPRM 09/29/99 (64 FR 
52483)  NPRM Comment Period End 01/28/00  Final Action 06/01/01 (66 FR 
29695)

Long Island (contact Lisa Gesser)  NPRM 11/06/00 (65 FR 66518)  Final 
Action 05/15/01 (66 FR 26789)

Oak Knoll District, CA (contact Joyce Drake)  NPRM 12/00/01

Realignment of Alexander Valley and Dry Creek Valley AVAs 
(Sutton)  NPRM 02/02/01 (66 FR 8925)  Final Action 10/04/01 (66 FR 
50564)

River Junction, CA (contact Tim DeVanney)  NPRM 08/10/00 (65 FR 
48953)  Final Action 05/09/01 (66 FR 23589)

Rockpile AVA (Nancy Sutton)  NPRM 05/01/01 (66 FR 21707)  Final Action 
01/00/02

Santa Rita Hills, CA (contact Joyce Drake)  NPRM 09/11/98 (63 FR 
48658)  Comment Period End 12/10/98  Final Rule 05/31/01 (66 FR 29476)

West Elks (contact Lisa Gesser)  NPRM 10/16/00 (65 FR 61129)  Final 
Action Completed by TD 03/06/01 (66 FR 13429)  Final Action Effective 
05/07/01

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

[[Page 62099]]

Phone: 202 927-8230

RIN: 1512-AA07
_______________________________________________________________________




2732. LABELING OF UNAGED GRAPE BRANDY

Priority: Substantive, Nonsignificant

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                    05/00/02

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
_______________________________________________________________________




2733. 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                    12/00/01

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
_______________________________________________________________________




2734. 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

Legal Authority: 26 USC 5044; 26 USC 5361; 26 USC 5367; 26 USC 5371

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

Legal Deadline: None

Abstract: ATF is issuing changes to the wine regulations as a result of 
the enactment of the Taxpayer Relief Act of 1997 and the Internal 
Revenue Service Reconstruction and Reform Act of 1998. This amendment 
informs interested parties of changes by these acts that provide for a 
refund of the tax for all wine returned to bond, rather than 
exclusively for unmerchantable or domestic wine returned to bond.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Marjorie D. 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-AB74
_______________________________________________________________________




2735. HEALTH CLAIMS AND OTHER HEALTH RELATED STATEMENTS IN THE LABELING 
AND ADVERTISING OF ALCOHOL BEVERAGES

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

Legal Authority: 27 USC 205

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

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/25/99                    64 FR 57413
NPRM Comment Period End         02/22/00
Public Hearing                  02/28/00                    65 FR 10434
Cancellation/ Rescheduling of 
Hearing                         04/25/00                    65 FR 24158
Comment Period Extended         04/25/00
Final Action                    06/00/02

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
_______________________________________________________________________




2736. RECODIFICATION OF PART 251

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 81(c); 19 USC 1202; 26 USC 5001; 26 USC 5007; 
26 USC 5008; 26 USC 5041; 26 USC 5051; 26 USC 5054; 26 USC 5061; 26 USC 
5111; 26 USC 5112; 26 USC 5114; 26 USC 5121; 26 USC 5122; 26 USC 5124;

[[Page 62100]]

26 USC 5201; 26 USC 5205; 26 USC 5207; 26 USC 5232; 26 USC 5273; 26 USC 
5301; 26 USC 5313; 26 USC 5355; 26 USC 6302; 26 USC 7805; 27 USC 203; 
27 USC 205; 27 USC 206; 27 USC 215; ...

CFR Citation: 27 CFR 251

Legal Deadline: None

Abstract: Part 251 will be updated and recodified. It will be reissued 
as 27 CFR part 27.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/05/96                    61 FR 40568
Final Action                    01/00/02

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, 111 W. Huron Street, 
Room 219, Buffalo, NY 14202-2301
Phone: 716 551-4048

RIN: 1512-AC27
_______________________________________________________________________




2737. ALBARINO, BLACK CORINTH AND FIANO GRAPE VARIETIES

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4

Legal Deadline: None

Abstract: ATF has received petitions proposing to add the Albarino, 
Black Corinth and Fiano grapes to the list of prime grape variety names 
for use in designating American wines.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/19/01                    66 FR 37609
Final Action                    02/00/02

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, 111 W. Huron Street, 
Room 219, Buffalo, NY 14202-2301
Phone: 716 551-4048

RIN: 1512-AC29
_______________________________________________________________________




2738.  LIQUOR DEALERS; RECODIFICATION OF REGULATIONS

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 31; 27 CFR 194; ...

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
recodifying the regulations pertaining to liquor dealers. The purpose 
of this recodification is to reissue the regulations in part 194 of 
title 27 of the Code of Federal Regulations (CFR) as 27 CFR part 31. 
This change improves the organization of title 27 CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Joanne Saponare, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Bureau of Alcohol, 
Tobacco and Firearms
Phone: 215 597-5739

RIN: 1512-AC45
_______________________________________________________________________




2739.  DELEGATION OF AUTHORITY IN 27 CFR PART 31

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 31

Legal Deadline: None

Abstract: This final rule places all ATF authorities contained in part 
31, title 27 of the Code of Federal Regulations (CFR), with the 
``appropriate ATF officer'' and requires that persons file documents 
required by 27 CFR part 31 with the ``appropriate ATF officer'' or in 
accordance with the instructions on the form. Also, this final rule 
removes the definitions of, and references to, specific officers 
subordinate to the Director.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    02/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Joanne Saponare, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Bureau of Alcohol, 
Tobacco and Firearms
Phone: 215 597-5739

RIN: 1512-AC49



_______________________________________________________________________



FIREARMS


                    ________________________________



2740. 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                    03/00/02

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

[[Page 62101]]

_______________________________________________________________________




2741. 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                    01/00/02

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
_______________________________________________________________________




2742. COMMERCE IN FIREARMS AND AMMUNITION--ANNUAL INVENTORY

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 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                    05/00/02

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



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2743.  IMPORTATION OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND 
TUBES; RECODIFICATION OF REGULATIONS

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 41; 27 CFR 275

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
recodifying the regulations in part 275, Importation of Tobacco 
Products and Cigarette Papers and Tubes. The purpose of this 
recodification is to reissue the regulations in part 275 of title 27 of 
the Code of Federal Regulations (CFR) as 27 CFR part 41. This change 
improves the organization of title 27 CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy Sutton, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Bureau of Alcohol, 
Tobacco and Firearms
Phone: 415 947-5192

RIN: 1512-AC46
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________



ALCOHOL


                    ________________________________



2744. 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
NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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


[[Page 62102]]


William Foster
Phone: 202 927-8210

RIN: 1512-AA98
_______________________________________________________________________




2745. ALCOHOLIC CONTENT LABELING FOR MALT BEVERAGES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 7

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/19/93                    58 FR 21233
Interim Final Rule              04/19/93                    58 FR 21228
NPRM Comment Period End         07/19/93
NPRM Comment Period Extended    07/19/93                    58 FR 38543
NPRM Comment Period Extended End09/17/93
NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William Foster
Phone: 202 927-8210

RIN: 1512-AB17
_______________________________________________________________________




2746. 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
NPRM                            07/17/01                    66 FR 37198
NPRM Comment Period End         09/17/01
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB57
_______________________________________________________________________




2747. DISTILLED SPIRITS PLANT REGULATORY INITIATIVE PROPOSAL

Priority: Substantive, Nonsignificant

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/30/98                    63 FR 65720
NPRM Comment Period End         01/29/99
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Steve Simon
Phone: 202 927-8210

RIN: 1512-AB58
_______________________________________________________________________




2748. PROHIBITION OF ALCOHOL BEVERAGE CONTAINERS AND STANDARD OF FILL 
FOR DISTILLED SPIRITS AND WINE

Priority: Substantive, Nonsignificant

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/09/99                     64 FR 6486
NPRM Comment Period End         04/12/99
Revised NPRM                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William Foster
Phone: 202 927-8210

RIN: 1512-AB89
_______________________________________________________________________




2749. SAKE REGULATIONS

Priority: Substantive, Nonsignificant

CFR Citation: Not Yet Determined

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: William Foster
Phone: 202 927-8210

RIN: 1512-AC09
_______________________________________________________________________




2750. FLAVORED MALT BEVERAGES

Priority: Substantive, Nonsignificant

CFR Citation: Not Yet Determined

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: William Foster
Phone: 202 927-8210

RIN: 1512-AC11
_______________________________________________________________________




2751. REMOVAL OF REQUIREMENT TO DISCLOSE SACCHARIN IN THE LABELING OF 
WINE, DISTILLED SPIRITS AND MALT BEVERAGES

Priority: Info./Admin./Other

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

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC17
_______________________________________________________________________




2752.  DELEGATION OF AUTHORITY IN 27 CFR PART 252

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 252

Legal Deadline: None

Abstract: This final rule places most ATF authorities with the 
``appropriate ATF officer'' and requires that persons file documents 
with the ``appropriate ATF officer'' or in accordance with the 
instructions on the ATF form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

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-AC44

[[Page 62103]]

_______________________________________________________________________




2753.  PRODUCTION OF AGRICULTURAL WINES

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 has received two petitions relating to the production of 
agricultural wines. One petition proposes that the wine regulations be 
amended to allow for the production of dried fruit wines with an 
alcohol by volume content of more than 14 percent. The second petition 
proposes that the regulations be amended to allow for the production of 
honey wines with a starting Brix of less than 22 degrees.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

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, 111 W. Huron Street, 
Room 219, Buffalo, NY 14202-2301
Phone: 716 551-4048

RIN: 1512-AC48
_______________________________________________________________________




2754.  PETITION TO AMEND THE STANDARDS OF IDENTITY FOR WHISKY 
AND BRANDY

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205(e)

CFR Citation: 27 CFR 5.22

Legal Deadline: None

Abstract: A petitioner has proposed that the regulations in 27 CFR part 
5 be amended to: (1) provide for the use of oak chips, in lieu of 
barrel aging, as a method for aging distilled spirits; (2) allow for 
the use of used sherry or port barrels in the aging of whisky; (3) 
allow brandy aged only with wood chips to be exempt from the 
classification as ``immature brandy;'' (4) allow for the use of malt or 
wheat extract (made from a full mash) to be used interchangeably with 
fermented full malt mash in formulations; and (5) allow for the use of 
corn sugar (made from corn mash) to be used interchangeably with 
fermented full corn mash formulations.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Daniel J. Hiland, 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-AC51
_______________________________________________________________________




2755.  PROPOSED REVISIONS TO 27 CFR PART 19, SUBPART W

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 19, subpart W

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
proposing to amend the regulations in 27 CFR part 19, subpart W, which 
prescribe the records that must be maintained and the reports that must 
be filed by distilled spirits plant proprietors. ATF believes that 
these proposed changes will benefit the distilled spirits industry by 
modernizing the requirements for records and reports and thereby 
allowing proprietors to operate in a more efficient manner.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Daniel J. Hiland, 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-AC52
_______________________________________________________________________




2756.  PETITION TO ESTABLISH THE SANTA BARBARA HIGHLANDS 
VITICULTURAL AREA

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) has 
received a petition proposing the establishment of Santa Barbara 
Highlands as an American Viticultural Area (AVA). The proposed Santa 
Barbara Highlands area is located in Santa Barbara and Ventura counties 
in California. The petition was submitted by Mr. Nebil Zarif, 
President, Barnwood Vineyards.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Kristy Colon, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 202 927-8206

RIN: 1512-AC53
_______________________________________________________________________




2757.  DELEGATION OF AUTHORITY IN 27 CFR PART 251

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 251

Legal Deadline: None

Abstract: This final rule places most ATF authorities with the 
``appropriate ATF officer'' and requires that persons file documents 
with the ``appropriate ATF officer'' or in accordance with the 
instructions on the ATF form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

[[Page 62104]]

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-AC58
_______________________________________________________________________




2758.  PROPOSED SAN BERNABE VITICULTURAL AREA

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) has 
received petitions proposing the establishment of the San Bernabe 
viticultural area and the realignment of the San Lucas American 
Viticultural Area (AVA). Both areas are situated within the Central 
Coast AVA, the Monterey AVA, and are located in central Monterey 
County, California. The proposed San Bernabe AVA would consist of 
24,796 acres of land that the petitioner states is predominantly 
rolling hills with sandy soils that differ from the surrounding 
Monterey AVA. The San Lucas realignment would transfer 1,100 of its 
northwest acres to the proposed San Bernabe southern area in an effort 
to conform with geographic considerations of the new area. These 
proposals are the result of petitions filed by Claude Hoover of 
Delicato Family Vineyards.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy Sutton, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Bureau of Alcohol, 
Tobacco and Firearms
Phone: 415 947-5192

RIN: 1512-AC60
_______________________________________________________________________




2759.  PETITION TO ESTABLISH THE TRINITY LAKE VITICULTURAL AREA

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) has 
received a petition from Keith Groves of Alpen Cellars proposing the 
establishment of a viticultural area located in Trinity County, 
California. The proposed Trinity Lake viticultural area consists of 
approximately 96,000 acres.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy Sutton, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Bureau of Alcohol, 
Tobacco and Firearms
Phone: 415 947-5192

RIN: 1512-AC62
_______________________________________________________________________




2760.  CORRECTION OF TECHNICAL ERROR IN 27 CFR PART 4

Priority: Info./Admin./Other

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
correcting a technical error in 4.22(b) regarding the ameliorating of 
non-grape wines.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

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, 111 W. Huron Street, 
Room 219, Buffalo, NY 14202-2301
Phone: 716 551-4048

RIN: 1512-AC63



_______________________________________________________________________



PROCEDURAL


                    ________________________________



2761. IMPLEMENTATION OF THE PAPERWORK REDUCTION ACT

Priority: Info./Admin./Other

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy M. Kern
Phone: 202 927-8076

RIN: 1512-AB90
_______________________________________________________________________




2762. DELEGATION OF AUTHORITY IN 27 CFR PART 19

Priority: Info./Admin./Other

CFR Citation: 27 CFR 19

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC06



_______________________________________________________________________



TOBACCO PRODUCTS


                    ________________________________



2763. 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

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/22/99                    64 FR 71918
Interim Final Rule Comment 
Period End                      02/22/00
Reopening of Comment Period 
Ended                           04/20/00
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AB81

[[Page 62105]]

_______________________________________________________________________




2764. IMPLEMENTATION OF PUBLIC LAW 105-33, SECTION 9302, REQUIRING THE 
QUALIFICATION OF TOBACCO PRODUCT IMPORTERS AND MISCELLANEOUS TECHNICAL 
AMENDMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 275

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/22/99                    64 FR 71955
Interim Final Rule              12/22/99                    64 FR 71947
Interim Final Rule Effective    01/01/00
Interim Final Rule Comment 
Period End                      05/03/00                    65 FR 17477
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC07
_______________________________________________________________________




2765. PROHIBITED MARKS ON PACKAGES OF TOBACCO PRODUCTS AND CIGARETTE 
PAPERS AND TUBES IMPORTED OR BROUGHT INTO THE UNITED STATES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 275

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

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

RIN: 1512-AC14
_______________________________________________________________________




2766. DETERMINATION OF TAX AND RECORDKEEPING ON LARGE CIGARS

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 270; 27 CFR 275

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC22
_______________________________________________________________________




2767. TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES SHIPPED FROM 
PUERTO RICO TO THE UNITED STATES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 275

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/08/01                    66 FR 13864
NPRM Comment Period End         05/07/01
Interim Final Rule              03/08/01                    66 FR 13849
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC24
_______________________________________________________________________




2768.  DELEGATION OF AUTHORITY IN 27 CFR PART 44

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 44

Legal Deadline: None

Abstract: This final rule places most ATF authorities with the 
appropriate ATF officer and requires that persons file documents with 
the appropriate ATF officer or in accordance with the instructions on 
the ATF form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

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-AC36
_______________________________________________________________________




2769.  DELEGATION OF AUTHORITY IN 27 CFR PART 40

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 40

Legal Deadline: None

Abstract: This final rule places most ATF authorities with the 
``appropriate ATF officer'' and requires that persons file documents 
with the ``appropriate ATF officer'' or in accordance with the 
instructions on the ATF form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

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-AC54
_______________________________________________________________________




2770.  SHIPMENTS OF TOBACCO PRODUCTS OR CIGARETTE PAPERS OR 
TUBES WITHOUT PAYMENT OF TAX.

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 40; 27 CFR 275

Legal Deadline: None

Abstract: The proposed rule clarifies regulations and establishes 
procedures governing tobacco products or cigarette papers or tubes 
brought in bond from Puerto Rico to the Untied States. In addition, the 
proposed rule would allow a manufacturer of tobacco products to receive 
in bond, cigarette papers and tubes for placement in packages of roll-
your-own tobacco and would eliminate filing bond extensions for tobacco 
products and cigarette papers or tubes from the Virgin Islands.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

[[Page 62106]]

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-AC57
_______________________________________________________________________




2771.  DELEGATION OF AUTHORITY IN 27 CFR PARTS 45 AND 46

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 45; 27 CFR 46

Legal Deadline: None

Abstract: This final rule places most ATF authorities with the 
``appropriate ATF officer'' and requires that persons file documents 
with the ``appropriate ATF officer'' or in accordance with instructions 
on the ATF form.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

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-AC59
_______________________________________________________________________




2772.  VOLUNTARY WAIVER OF FILING CLAIM FOR CREDIT, REFUND, 
ALLOWANCE OR CREDIT OF TAX FOR TOBACCO PRODUCTS MANUFACTURED IN CANADA

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5142; 26 USC 5143; 26 USC 5146; 26 USC 5701; 26 
USC 5703; ...

CFR Citation: 27 CFR 44

Legal Deadline: None

Abstract: This rule amends ATF regulations so as to preclude the 
payment of a credit, refund, allowance or drawback of the excise tax 
that is collected under the internal revenue laws on imported Canadian 
tobacco products, where the person who paid the tax has received a 
recovery from the Government of Canada of an amount equivalent to the 
excise tax so collected. This final rule responds to actions taken by 
the Government of Canada with respect to tobacco products exported to 
the United States, whereby the Untied States importers of Canadian 
tobacco products may obtain a reimbursement from the Government of 
Canada of an amount equivalent to the United States excise taxes paid 
at the time of importation. No new requirements are imposed by the 
United States on importers who voluntarily participate in this Canadian 
program.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                     To Be                       Determined

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-AC64
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Bureau of Alcohol, Tobacco and Firearms (BATF)



_______________________________________________________________________




2773. 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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action completed by TD    03/02/01                    66 FR 13014
Final Action Effective          05/01/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB51
_______________________________________________________________________




2774. PRODUCTION OF VOLATILE FRUIT FLAVORED CONCENTRATE

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 18.56

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/31/01                    66 FR 29480

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

Robert P. Ruhf
Phone: 202 927-8210

RIN: 1512-AB59
_______________________________________________________________________




2775. IMPLEMENTATION OF PUBLIC LAW 105-34, SECTION 1417, RELATED TO THE 
USE OF AMELIORATING MATERIAL IN CERTAIN WINES

Priority: Substantive, Nonsignificant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/19/01                    66 FR 37576

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Berry
Phone: 716 551-4048

RIN: 1512-AB78
_______________________________________________________________________




2776. PROCESSES AUTHORIZED FOR THE TREATMENT OF WINE, JUICE AND 
DISTILLING MATERIAL

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 24

[[Page 62107]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/27/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Berry
Phone: 202 927-8210

RIN: 1512-AC05
_______________________________________________________________________




2777. PETITION TO RECOGNIZE COUNOISE AND ST. LAURENT AS NEW GRAPE 
VARIETIES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 4

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/17/01                    66 FR 19738
Final Action                    09/27/01                    66 FR 49279
Final Action Effective          11/26/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Berry
Phone: 716 551-4048

RIN: 1512-AC26
_______________________________________________________________________




2778. RECODIFICATION OF PART 170 INTO PART 29

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 170; 27 CFR 17; 27 CFR 18; 27 CFR 19; 27 CFR 20; 
...

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/15/01                    66 FR 42735

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser
Phone: 202 927-8210

RIN: 1512-AC34
_______________________________________________________________________




2779.  LIQUORS AND ARTICLES FROM PUERTO RICO AND THE VIRGIN 
ISLANDS; RECODIFICATION OF REGULATIONS

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 4; 27 CFR 5; 27 CFR 17; 27 CFR 19; 27 CFR 20; ...

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
recodifying the regulations pertaining to liquors and articles from 
Puerto Rico and the Virgin Islands. The purpose of this recodification 
is to reissue the regulations in 27 CFR part 250 as 27 CFR part 26. 
This change improves the organization of title 27 CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/25/01                    66 FR 38547

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-AC40
_______________________________________________________________________




2780. IDENTIFICATION MARKINGS PLACED ON FIREARMS

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 178; 27 CFR 179

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/03/01                    66 FR 40596
Final Action Effective          01/30/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James Ficaretta
Phone: 202 927-8210

RIN: 1512-AB84
_______________________________________________________________________




2781. RECODIFICATION OF STATEMENT OF PROCEDURAL RULES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 70

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/22/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB54
_______________________________________________________________________




2782. DELEGATION OF AUTHORITY IN 27 CFR PART 53

Priority: Info./Admin./Other

CFR Citation: 27 CFR 53

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    04/13/01                    66 FR 19087

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser
Phone: 202 927-8210

RIN: 1512-AC18
_______________________________________________________________________




2783. DELEGATION OF AUTHORITY IN PART 70

Priority: Info./Admin./Other

CFR Citation: 27 CFR 70

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/29/01                    66 FR 29021

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AC19
_______________________________________________________________________




2784. DELEGATION OF AUTHORITY IN 27 CFR PART 13

Priority: Info./Admin./Other

CFR Citation: 27 CFR 13

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    04/13/01                    66 FR 19084

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser
Phone: 202 927-8210

RIN: 1512-AC21
_______________________________________________________________________




2785. DELEGATION OF AUTHORITY IN 27 CFR PART 170

Priority: Info./Admin./Other

CFR Citation: 27 CFR 170

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    02/02/01                     66 FR 8768

Regulatory Flexibility Analysis Required: No

[[Page 62108]]

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser
Phone: 202 927-8210

RIN: 1512-AC23
_______________________________________________________________________




2786.  TECHNICAL AMENDMENTS TO REGULATIONS

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 55; 27 CFR 70; 27 CFR 270; 27 CFR 275

Legal Deadline: None

Abstract: This Treasury decision makes technical amendments and 
corrects typographical errors in parts 55, 70, 270, and 275 of title 27 
Code of Federal Regulations. All changes are to provide clarity and 
uniformity throughout these regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    03/27/01                    66 FR 16601

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: 202 927-8076

RIN: 1512-AC37
_______________________________________________________________________




2787.  RULES OF PRACTICE IN PERMIT PROCEEDINGS; RECODIFICATION 
OF REGULATIONS

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 1; 27 CFR 4; 27 CFR 5; 27 CFR 7; 27 CFR 12; ...

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
recodifying the regulations pertaining to the rules of practice in 
permit proceedings. The purpose of this recodification is to reissue 
the regulations in part 200 of title 27 of the Code of Federal 
Regulations (CFR) as 27 CFR part 71. This change improves the 
organization of tile 27 CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/15/01                    66 FR 42731

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-AC43
_______________________________________________________________________




2788. 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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/22/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AB03
_______________________________________________________________________




2789. IMPLEMENTATION OF PUBLIC LAW 106-476, SECTIONS 4002 AND 4003, 
RELATING TO TOBACCO IMPORTATION RESTRICTIONS, MARKINGS, REPACKAGING AND 
DESTRUCTION OF FORFEITED TOBACCO PRODUCTS

Priority: Substantive, Nonsignificant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/29/01                    66 FR 45613

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AC35
_______________________________________________________________________




2790.  DELEGATION OF AUTHORITY IN 27 CFR PART 250

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 250

Legal Deadline: None

Abstract: This final rule places all ATF authorities contained in title 
27 CFR part 250 with the ``appropriate ATF officer'' and requires that 
persons file documents required by ATF regulations, 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                    05/01/01                    66 FR 21667

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-AC38
_______________________________________________________________________




2791.  MANUFACTURE OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND 
TUBES; RECODIFICATION OF REGULATIONS

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 40; 27 CFR 270; 27 CFR 46; 27 CFR 70; 27 CFR 200; 
...

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms is recodifying 
the regulations in part 270, Manufacture of Tobacco Products and 
Cigarette Papers and Tubes, title 27 of the Code of Federal Regulations 
(CFR). The purpose of this recodification is to reissue the regulations 
in 27 CFR part 270 as 27 CFR part 40. This change improves the 
organization of title 27.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/27/01                    66 FR 39091

[[Page 62109]]

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-AC39
_______________________________________________________________________




2792.  TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES; 
RECODIFICATION OF REGULATIONS.

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 46; 27 CFR 70; 27 CFR 270; 27 CFR 275; 27 CFR 290; 
...

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
recodifying the regulations in part 296, Miscellaneous Regulations 
Relating to Tobacco Products and Cigarette Papers and Tubes, title 27 
of the Code of Federal Regulations (CFR). The purpose of this 
recodification is to reissue the regulations in 27 CFR part 296 as 27 
CFR part 46. This change improves the organization of title 27 CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/14/01                    66 FR 32218

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-AC41
_______________________________________________________________________




2793.  REMOVAL OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND 
TUBES, WITHOUT PAYMENT OF TAX FOR USE OF THE UNITED STATES; 
RECODIFICATION OF REGULATIONS.

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 40; 27 CFR 45; 27 CFR 70; 27 CFR 295

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF), is 
recodifying the regulations in part 295, Removal of Tobacco Products 
and Cigarette Papers and Tubes, Without Payment of Tax for Use of the 
Untied States, title 27 of the Code of Federal Regulations (CFR). The 
purpose of this recodification is to reissue the regulations in 27 CFR 
part 295 as 27 CFR part 45. This change improves the organization of 
title 27 CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    11/13/01                    66 FR 56757

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-AC42
_______________________________________________________________________




2794.  EXPORTATION OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND 
TUBES, WITHOUT PAYMENT OF TAX, OR WITH DRAWBACK OF TAX; RECODIFICATION 
OF REGULATIONS

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 40; 27 CFR 44; 27 CFR 46; 27 CFR 70; 27 CFR 290

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) is 
recodifying the regulations pertaining to the exportation of tobacco 
products and cigarette papers and tubes, without payment of tax, or 
with drawback of tax. The purpose of this recodification is to reissue 
the regulations in part 290 of title 27 of the Code of Federal 
Regulations (CFR) as 27 CFR part 44. This change improves the 
organization of title 27 CFR.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/20/01                    66 FR 43478

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-AC47
_______________________________________________________________________




2795.  IMPLEMENTATION OF PUBLIC LAW 106-554 FOR CERTAIN 
AMENDMENTS RELATED TO THE BALANCED BUDGET ACT OF 1997

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 40; 27 CFR 44; 27 CFR 275; 27 CFR 295

Legal Deadline: None

Abstract: This final rule revises the definition of manufacturer of 
cigarette papers and tubes and removes the definition of cigarette 
papers. As required by Public Law 106-544, the effective date of this 
rule is January 1, 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/28/01                    66 FR 49531

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-AC55
BILLING CODE 4810-31-S

[[Page 62110]]

_______________________________________________________________________


Department of the Treasury (TREAS)                        Prerule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2796. 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 (revised to include 
residual interests); 3) claims on securities firms; 4) domestic capital 
framework (formerly referred to as bifurcated capital for complex and 
noncomplex banks); 5) securities borrowing transactions; 6) 
nonfinancial equity investments (merchant banking); and 7) managed 
assets. The OCC is conducting all of these rulemakings jointly with the 
other Federal banking agencies.

Timetable:
________________________________________________________________________

Claims on Securities Firms  NPRM 12/06/00 (65 FR 76180)  NPRM Comment 
Period End 01/22/01  Final Rule 04/00/02

Collateralized Transactions  NPRM 08/16/96 (61 FR 42565)  Final Rule 
04/00/02

Domestic Capital Framework (formerly Bifurcated Capital for Complex and 
Noncomplex Banks)  ANPRM 11/03/00 (65 FR 66193)  ANPRM Comment Period 
End 02/01/01  NPRM 04/00/02

Managed Assets  ANPRM 12/00/01

Nonfinancial Equity Investments (Merchant Banking)  NPRM 02/14/01 (66 
FR 10212)  NPRM Comment Period End 04/16/01  Final Rule 04/00/02

Recourse and Direct Credit Substitutes (includes Residual 
Interests)  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 12/00/01

Residual Interests (merged with Recourse and Direct Credit 
Substitutes)  NPRM 09/27/00 (65 FR 57993)  NPRM Comment Period End 12/
26/00  Final Rule 12/00/01

Securities Borrowing Transactions  Interim Final Rule 12/05/00 (65 FR 
75856)  Interim Final Rule Comment Period End 01/19/01  Final Rule 04/
00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Ron Shimabukuro, Counsel, 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]

Laura Goldman, 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
_______________________________________________________________________




2797.  COMMUNITY REINVESTMENT ACT REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 21; 12 USC 22; 12 USC 26; 12 USC 27; 12 USC 30; 
12 USC 36; 12 USC 93a; 12 USC 161; 12 USC 215; 12 USC 215a; 12 USC 481; 
12 USC 1814; 12 USC 1816; 12 USC 215; 12 USC 215a; 12 USC 481; 12 USC 
1814; 12 USC 1816; 12 USC 1828(c); 12 USC 1835a; 12 USC 2901 to 2907; 
12 USC 3101 to 3111

CFR Citation: 12 CFR 25

Legal Deadline: None

Abstract: The OCC, in conjunction with the Board of Governors of the 
Federal Reserve System, the Federal Deposit Insurance Corporation, and 
the Office of Thrift Supervision (the agencies), has issued an advance 
notice of proposed rulemaking to solicit comment on the agencies'; 
existing Community Reinvestment Act (CRA) regulations. The agencies are 
conducting a review of their CRA regulations to determine their 
effectiveness in achieving their goals.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           07/19/01                    66 FR 37602
ANPRM Comment Period End        10/17/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Margaret Hesse, Special Counsel, Department of the 
Treasury, Comptroller of the Currency, Community and Consumer Law 
Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5750
Fax: 202 874-5322
Email: [email protected]

Patrick Tierney, Attorney, Department of the Treasury, Comptroller of 
the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB98
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2798. 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.

[[Page 62111]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM - Suspension and Debarment 
of Accountants                  01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mitchell Plave, Counsel, 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
_______________________________________________________________________




2799. FAIR CREDIT REPORTING REGULATIONS

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 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 constitutes 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
NPRM Update                     03/27/01                    66 FR 16624
Second NPRM                     03/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Deborah Katz, Senior Counsel, 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
_______________________________________________________________________




2800. 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 a notice of proposed rulemaking 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 (Privacy Act). 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

________________________________________________________________________

NPRM                            10/26/01
NPRM Comment Period End         11/26/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Harold J. Hansen, Assistant Director, Department of the 
Treasury, Comptroller of the Currency, Administrative and Internal Law 
Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-4460
Fax: 202 874-4555
Email: [email protected]

RIN: 1557-AB83
_______________________________________________________________________




2801.  RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 29; 12 USC 93a; 12 USC 371; 12 
USC 1701j-3; 12 USC 1838(o); 12 USC 3331 et seq; Section 5136A of the 
Revised Statutes (12 USC 24a)

CFR Citation: 12 CFR 5; 12 CFR 34

Legal Deadline: None

Abstract: The OCC plans to amend 12 CFR part 5 to implement the 
authority for national banks to merge with one or more of their nonbank 
subsidiaries or affiliates contained in section 1206 of the American 
Homeownership and Economic Opportunity Act of 2000 (AHEOA). The 
proposal will also amend 12 CFR part 5 by adding a new section setting 
forth the application and prior approval requirements described in 
section 1204 of AHEOA for national banks contemplating reorganization 
as a subsidiary of a bank holding company. In addition, the OCC also 
plans to amend 12 CFR part 7, to permit national banks to adopt by-laws 
providing for staggered boards of directors as set forth in section 
1205 of AHEOA. The OCC also plans to amend 12 CFR art 34 by revising 
the rules governing adjustable rate mortgages and to consider revisions 
related to various consumer protection measures.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Andra Shuster, Counsel, Department of the Treasury, 
Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

Mitchell Plave, Counsel, 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-AB97
_______________________________________________________________________




2802.  MAINTENANCE OF RECORDS

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 504; 5 USC 554 to 557; 12 USC 93a; 12 USC 93(b); 
12 USC 164; 12 USC 481; 12 USC 505; 12 USC 1817; 12 USC 1818; 12 USC 
1820; 12 USC 1831o; 12 USC 1867; 12 USC 1972; 12 USC 3102; 12 USC 
3108(a); 12 USC 3909; 12 USC 4717; 15 USC 78(h); 15 USC 78(i); 15 USC 
78o-4(c); 15 USC 78o-5; 15 USC 78q-1; 15 USC 78u; 15 USC 78-u2; 15 USC 
78-u3; 15 USC 78w; 28 USC 2461 note; 31 USC 330; 31 USC 5321; 42 USC 
4012a

CFR Citation: 12 CFR 19

[[Page 62112]]

Legal Deadline: None

Abstract: The notice of proposed rulemaking would invite comment on a 
rule that would add a new subpart P to 12 CFR part 19, which would 
require national banks, national bank affiliates, Federal branches and 
agencies of foreign banks, and bank service companies that perform 
services for, or contract with, national banks to establish and 
maintain accurate and complete documentation and records, and allow the 
OCC timely access to such records.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/02

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-AB99
_______________________________________________________________________




2803.  ASSESSMENT OF FEES

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 78c; 15 USC 781; 26 DC Code

CFR Citation: 12 CFR 8

Legal Deadline: None

Abstract: The OCC plans to issue a notice of proposed rulemaking that 
would amend 12 CFR part 8 to permit the charging of a minimum 
assessment on all national banks, regardless of asset size.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/25/01                    66 FR 48983
NPRM Comment Period End         10/25/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Michele Meyer, Counsel, 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-AC00
_______________________________________________________________________




2804.  PAYDAY LENDING

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 24(Seventh); 12 USC 93a; 12 USC 1818; 12 USC 
1861 to 1867

CFR Citation: 12 CFR 5

Legal Deadline: None

Abstract: The OCC is considering amending 12 CFR part 5 to address 
payday lending activities engaged in by national banks. The purpose of 
this rulemaking would be to adopt provisions intended to ensure that 
payday lending is conducted in a manner that is consistent with safe 
and sound banking practices.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Mitchell Plave, Counsel, 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-AC01
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Comptroller of the Currency (OCC)



_______________________________________________________________________




2805. DEBT CANCELLATION CONTRACTS AND DEBT SUSPENSION AGREEMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 37

Legal Deadline: None

Abstract: The OCC issued a notice of proposed rulemaking governing the 
offering of debt cancellation contracts and debt suspension agreements. 
The purposes of the customer protections are to facilitate customers'; 
informed choice about whether to purchase debt cancellation contracts 
and debt suspension agreements, based on an understanding of the costs, 
benefits, and limitations of the products, and to discourage 
inappropriate or abusive practices.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           01/26/00                     65 FR 4176
ANPRM Comment Period End        03/27/00
NPRM                            04/18/01                    66 FR 19901
NPRM Comment Period End         06/18/01
Final Rule                      12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

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
_______________________________________________________________________




2806. BANK ACTIVITIES AND OPERATIONS (ELECTRONIC BANKING)

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 7.1002; 12 CFR 7.1019; 12 CFR 7.5000 to 7.5010

Legal Deadline: None

Abstract: The OCC issued a notice of proposed rulemaking that addressed 
ways to facilitate national banks in

[[Page 62113]]

their efforts to engage in various forms of electronic banking. The 
proposal addresses national banks'; exercise of their Federally 
authorized powers through electronic means; the location of a national 
bank that engages in electronic activities; and the disclosures 
required when a national bank provides its customers with access to 
other service providers through hyperlinks in the bank's web site or 
other shared electronic space.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           02/02/00                     65 FR 4895
ANPRM Comment Period End        04/03/00
NPRM                            07/02/01                    66 FR 34855
NPRM Comment Period End         08/31/01
Final Rule                      12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1557-AB76
_______________________________________________________________________




2807. PROHIBITION AGAINST USE OF INTERSTATE BRANCHES PRIMARILY FOR 
DEPOSIT PRODUCTION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 21; 12 USC 22; 12 USC 26; 12 USC 27; 12 USC 30; 
12 USC 36; 12 USC 93a; 12 USC 161; 12 USC 215; 12 USC 215a; 12 USC 481; 
12 USC 1814; 12 USC 1816; 12 USC 1828(c); 12 USC 1835a; 12 USC 2901 
through 2907; 12 USC 3101 through 3111

CFR Citation: 12 CFR 25

Legal Deadline: None

Abstract: The notice of proposed rulemaking invited comment on a rule 
that would amend regulations implementing section 109 of the Riegle-
Neal Interstate Banking and Branching Efficiency Act of 1994 to 
effectuate the amendment of section 109 of the Gramm-Leach-Bliley Act 
of 1999. Section 109 prohibits a bank from establishing or acquiring a 
branch or branches outside of its home state for the purpose of deposit 
production. Additionally, section 109 contains guidelines for 
determining whether a bank is reasonably helping to meet the credit 
needs of communities served by an out-of-state branch or branches. The 
proposed rule amends the section 109 deposit production prohibition to 
include any bank or branch controlled by an out-of-state bank holding 
company, including a bank consisting only of a main office.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/09/01                    66 FR 18411
NPRM Comment Period End         06/08/01
Final Rule                      04/00/02

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-AB95
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Comptroller of the Currency (OCC)



_______________________________________________________________________




2808. 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
_______________________________________________________________________




2809. 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 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, Counsel, 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
_______________________________________________________________________




2810. REAL ESTATE APPRAISALS

Priority: Substantive, Nonsignificant

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

[[Page 62114]]

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, Counsel, 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
_______________________________________________________________________




2811. 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
_______________________________________________________________________




2812. FIDUCIARY ACTIVITIES OF NATIONAL BANKS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq.; 12 USC 24 (Seventh); 12 USC 24a; 12 
USC 92; 12 USC 92a(b); 12 USC 93a; 15 USC 78q; 15 USC 78q-1; 15 USC 78w

CFR Citation: 12 CFR 5; 12 CFR 9

Legal Deadline: None

Abstract: The OCC issued 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 solicits 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:
________________________________________________________________________

Multi-State Trust Operations  NPRM 12/05/00 (65 FR 75872)  NPRM Comment 
Period End 02/05/01  Final Rule 07/02/01 (66 FR 34792)  Final Rule 
Effective 08/01/01

Standards of Care-Exercise of National Banks Fiduciary Powers  ANPRM 
12/05/00 (65 FR 75872)  ANPRM Comment Period End 02/05/01  NPRM To Be 
Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State

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

Agency Contact: Andra Shuster, Counsel, Department of the Treasury, 
Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: [email protected]

RIN: 1557-AB79
_______________________________________________________________________




2813. RECORDKEEPING REQUIREMENTS FOR BANK EXCEPTIONS FROM SECURITIES 
BROKER OR DEALER REGISTRATION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 12 USC 1828(t)

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This notice of proposed rulemaking will seek comment on 
recordkeeping requirements for banks relying on exceptions to the 
definitions of broker or dealer in paragraphs (4) and (5) of section 
3(a) of the Securities Exchange Act of 1934.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Deborah Katz, Senior Counsel, 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-AB93

[[Page 62115]]

_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Comptroller of the Currency (OCC)



_______________________________________________________________________




2814. COMMUNITY BANK-FOCUSED REGULATION REVIEW: LENDING LIMITS PILOT 
PROGRAM

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 amending 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) and notice of proposed rulemaking published on 
September 22, 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/22/00                    65 FR 57292
NPRM Comment Period End         11/21/00
Final Rule                      06/11/01                    66 FR 31114
Final Rule Effective            09/10/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Deborah Katz, Senior Counsel, 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
_______________________________________________________________________




2815. 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 revises 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                            12/01/00                    65 FR 75196
NPRM Comment Period End         01/02/01
Final Rule                      05/08/01                    66 FR 23151
Final Rule Effective            06/07/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mitchell Plave, Counsel, 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
_______________________________________________________________________




2816. OPERATING SUBSIDIARIES OF FEDERAL BRANCHES AND AGENCIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq.; 12 USC 24a; 12 USC 93a

CFR Citation: 12 CFR 5.34

Legal Deadline: None

Abstract: The final rule will enable a Federal branch or agency to 
establish or maintain an operating subsidiary in generally the same 
manner that a national bank may establish or control an operating 
subsidiary.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/05/00                    65 FR 75870
NPRM Comment Period End         02/05/01
Final Rule                      09/26/01                    66 FR 49093
Final Rule Effective            10/26/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1557-AB92
_______________________________________________________________________




2817. INVESTMENT SECURITIES; BANK ACTIVITIES AND OPERATIONS; AND LEASING

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1, et seq.; 12 USC 24 (Seventh); 12 USC 24 
(Tenth); 12 USC 92; 12 USC 92a; 12 USC 93a; 12 USC 481; 12 USC 484; 12 
USC 1818

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

Legal Deadline: None

Abstract: The OCC amended 12 CFR parts 1, 7, and 23. The revisions to 
part 1 incorporate the express authority to underwrite municipal bonds 
granted to national banks by section 151 of the Gramm-Leach-Bliley Act 
(GLBA). The revisions to part 7: 1) clarify the conditions under which 
a national bank may participate in a bona fide financial literacy 
program at a school without the school location being deemed a branch 
of the bank; 2) revise the OCC's regulation governing bank holidays to 
conform it 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 
revisions to part 23 prescribe a percentage limit on the extent to 
which a national bank may rely on estimated residual value to recover 
its costs in personal property leasing arrangements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/31/01                     66 FR 8178
Comment Period End              04/02/01
Final Rule                      07/02/01                    66 FR 34784
Correction                      07/13/01                    66 FR 36834
Final Rule Effective            08/01/01

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, Counsel, 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-AB94

[[Page 62116]]

_______________________________________________________________________




2818. ASSESSMENT OF FEES; NATIONAL BANKS; DISTRICT OF COLUMBIA

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 12 USC 481; 12 USC 482; 12 USC 3102

CFR Citation: 12 CFR 8

Legal Deadline: None

Abstract: The OCC has amended the assessment formula it uses to assess 
independent credit card banks. A credit card bank is considered 
independent for purposes of this proposal if it engages primarily in 
credit card operations and is not affiliated with a full service 
national bank. Under the revised rate structure, all credit card banks 
will continue to be assessed based on balance sheet assets. However, 
independent credit card banks will pay an additional assessment to 
reflect the supervision required of these banks'; off-balance sheet 
activities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/04/01                    66 FR 17821
NPRM Comment Period End         05/04/01
Final Rule                      06/01/01                    66 FR 29890
Final Rule Effective            07/01/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mitchell Plave, Counsel, 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-AB96
BILLING CODE 4810-33-S
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2819. LIQUIDATION; EXTENSION; SUSPENSION

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 159

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/02

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
_______________________________________________________________________




2820. 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                            03/00/02

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
_______________________________________________________________________




2821. RECONCILIATION

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 142; 19 CFR 159

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1515-AB85

[[Page 62117]]

_______________________________________________________________________




2822. REMOTE LOCATION FILING

Priority: Substantive, Nonsignificant

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                            04/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Millie Gleason, Chief, Summary Management, Department 
of the Treasury, United States Customs Service, Office of Field 
Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0625

RIN: 1515-AC23
_______________________________________________________________________




2823. 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                            07/17/01                    66 FR 37370
NPRM Comment Period End         10/17/01                    66 FR 45235
Final Action                    05/00/02

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
_______________________________________________________________________




2824. SIMPLIFICATION OF IN-TRANSIT TRUCK SHIPMENTS BETWEEN CANADA AND 
THE UNITED STATES

Priority: Substantive, Nonsignificant

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                            01/00/02

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, Building 10, East Great Lakes 
CMC, 4455 Genesee Street, Buffalo, NY 14225
Phone: 716 626-0400

RIN: 1515-AC65
_______________________________________________________________________




2825. 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                            02/00/02

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
_______________________________________________________________________




2826. 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.

[[Page 62118]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/02

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
_______________________________________________________________________




2827. 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 
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                            08/03/01                    66 FR 40649
NPRM Comment Period End         10/02/01
Final Action                    04/00/02

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
_______________________________________________________________________




2828. 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

________________________________________________________________________

NPRM                            01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Bruce Ingalls, Chief, Entry and Drawback Management, 
Department of the Treasury, United States Customs Service, Office of 
Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-1082

RIN: 1515-AC74
_______________________________________________________________________




2829. USER FEES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 58a to 58c; 19 USC 66; 19 USC 1202; 
19 USC 1505; 19 USC 1624; 26 USC 4461; 26 USC 4462; 31 USC 9701

CFR Citation: 19 CFR 24; 19 CFR 111

Legal Deadline: None

Abstract: Amendment to reflect amendments to 19 U.S.C. 58c, the Customs 
user fee statute, made by the Miscellaneous Trade and Technical 
Corrections Act of 1999 (the Act), as well as prior legislative changes 
to that user fee statute. Amendment sets forth, pursuant to the Act, 
the new fee structure for passengers arriving in the United States 
aboard commercial vessels and aircraft, and clarifies how Customs 
administers certain user fees.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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-AC81
_______________________________________________________________________




2830.  DOG AND CAT PROTECTION ACT

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1308; 19 USC 1592; 19 
USC 1593a; 19 USC 1624

CFR Citation: 19 CFR 12; 19 CFR 113; 19 CFR 151; 19 CFR 162

Legal Deadline: Final, Statutory, August 9, 2001, Public Law 106-476.

Abstract: Amendment to implement certain provisions of the Dog and Cat 
Protection Act of 2000. The Dog and Cat Protection Act of 2000 
prohibits the importation of any products containing dog or cat fur, 
and provides for civil and criminal penalties for violations of the 
Act. Amendment sets forth the prohibitions on dog and cat fur 
importations and the penalties for violations. Amendment also 
implements the provision of the Act pertaining to Customs certification 
process of commercial laboratories, both domestic and foreign, that can 
determine if articles intended to be imported into the United States 
contain dog or cat fur.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/10/01                    66 FR 42163

[[Page 62119]]

NPRM Comment Period End         10/09/01
Final Action                    04/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Luan Cotter, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue, NW, Washington, DC 20229
Phone: 202 927-1249

Renee Stevens, Science Officer, Department of the Treasury, United 
States Customs Service, Office of Laboratories and Scientific Services, 
1300 Pennsylvania Avenue, NW, Washington, DC 20229
Phone: 202 927-0941

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-AC87
_______________________________________________________________________




2831.  PROTOTYPES USED SOLELY FOR PRODUCT DEVELOPMENT, TESTING, 
EVALUATION OR QUALITY CONTROL PURPOSES

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; PL 106-
476

CFR Citation: 19 CFR 10; 19 CFR 163

Legal Deadline: Final, Statutory, September 9, 2001, Public Law 106-
476.

Abstract: Amendment to establish rules and procedures under the Product 
Development and Testing Act of 2000 (PDTA). The purpose of the PDTA is 
to promote product development and testing in the United States by 
allowing the duty-free entry of articles, commonly referred to as 
prototypes, that are to be used exclusively in product development, 
testing, evaluation and quality control. Amendments set forth the 
procedures for both the identification of those prototypes properly 
entitled to duty-free entry, as well as the permissible sale of such 
prototypes, following use in the United States, as scrap, waste, or for 
recycling.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patricia Fitzpatrick, Operations Officer, Department of 
the Treasury, United States Customs Service, Office of Field 
Operations, 1300 Pennsylvania Avenue, NW, Washington, DC 20229
Phone: 202 927-1106

RIN: 1515-AC88
_______________________________________________________________________




2832.  SINGLE ENTRY FOR SPLIT SHIPMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 141; 19 CFR 142

Legal Deadline: Final, Statutory, May 9, 2001, Public Law 106-476.

Abstract: Amendment to allow an importer of record, under certain 
conditions, to submit a single entry to cover multiple portions of a 
single shipment which was split by the carrier and arrives in the 
United States at different times.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/16/01                    66 FR 57688
NPRM Comment Period End         01/15/02
Final Action                    04/00/02

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

Keith Fleming, Operations Officer, Department of the Treasury, United 
States Customs Service, Office of Field Operations, 1300 Pennsylvania 
Avenue NW., Washington
Phone: 202 927-1049

RIN: 1515-AC91
_______________________________________________________________________




2833.  PROCEDURES GOVERNING THE BORDER RELEASE ADVANCED 
SCREENING AND SELECTIVITY (BRASS) PROGRAM

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 24; 19 CFR 123; 19 CFR 132; 19 CFR 142

Legal Deadline: None

Abstract: Amendment to provide for the Border Release Advanced 
Screening and Selectivity (BRASS) Program, an improved automated and 
electronic system that will replace the Line Release method of 
processing certain repetitive and high volume shipments of merchandise 
into the U.S.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Enrique S. Tamayo, Operations Officer, Trade Programs, 
Department of the Treasury, United States Customs Service, Office of 
Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0693

RIN: 1515-AC92
_______________________________________________________________________




2834.  PATENT SURVEYS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 12; 19 CFR 24

Legal Deadline: None

Abstract: Amendment to eliminate patent surveys.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Louis Alfano, Customs Officer, Commercial Enforcement, 
Department of the Treasury, United States Customs Service, Office of 
Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0005

RIN: 1515-AC93

[[Page 62120]]

_______________________________________________________________________




2835.  SINGLE ENTRY FOR UNASSEMBLED OR DISASSEMBLED ENTITIES 
IMPORTED ON MULTIPLE CONVEYANCES

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 141; 19 CFR 142

Legal Deadline: Final, Statutory, May 9, 2001, Public Law 106-476.

Abstract: Amendment to allow an importer of record, under certain 
conditions, to submit a single entry to cover multiple portions of a 
single entity which, due to its size or nature, arrives in the United 
States on separate conveyances. Amendment implements statutory changes 
made to the merchandise entry laws by the Tariff Suspension and Trade 
Act of 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Keith Fleming, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington
Phone: 202 927-1049

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

Patricia Fitzpatrick, Operations Officer, Department of the Treasury, 
United States Customs Service, Office of Field Operations, 1300 
Pennsylvania Avenue, NW, Washington, DC 20229
Phone: 202 927-1106

RIN: 1515-AC94
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2836. HARBOR MAINTENANCE FEE

Priority: Substantive, Nonsignificant

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

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

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

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/30/87                    52 FR 10198
Interim Final Rule Effective    03/01/87
Interim Final Rule Comment 
Period End                      05/29/87
Final Action                    06/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patricia Barbare, Operations Management Specialist, 
Budget Division, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0310

RIN: 1515-AA57
_______________________________________________________________________




2837. DONATED CARGO EXEMPTION FROM HARBOR MAINTENANCE FEE

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 24

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              01/08/92                      57 FR 607
Interim Final Rule Effective    01/08/92
Interim Final Rule Comment 
Period End                      03/09/92
Final Action                    06/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patricia Barbare, Operations Management Specialist, 
Budget Division, Department of the Treasury, United States Customs 
Service, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0310

RIN: 1515-AA87
_______________________________________________________________________




2838. 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

[[Page 62121]]

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
Interim Final Rule Effective    01/01/96
Interim Final Rule Comment 
Period End                      04/01/96
Final Action                    03/00/02

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
_______________________________________________________________________




2839. CUSTOMS ENTRY DOCUMENTATION PURSUANT TO ANTICOUNTERFEITING 
CONSUMER PROTECTION ACT

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 141

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

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/13/99                    64 FR 49423
NPRM Comment Period End         12/13/99                    64 FR 62135
Final Action                    02/00/02

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
_______________________________________________________________________




2840. COUNTRY-OF-ORIGIN MARKING

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 134

Legal Deadline: None

Abstract: 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                    65 FR 17473
Final Action                    04/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Burton Schlissel, 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

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
_______________________________________________________________________




2841. EXPANDED METHODS OF PAYMENT OF DUTIES, TAXES, INTEREST AND FEES

Priority: Substantive, Nonsignificant

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                    03/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Linda Lloyd, Financial Officer, Financial Policy 
Division, Department of the Treasury, United States Customs Service, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0119

RIN: 1515-AC40

[[Page 62122]]

_______________________________________________________________________




2842. 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                    05/00/02

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
_______________________________________________________________________




2843. 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 to 1493; 19 USC 1506; 19 
USC 1559; 19 USC 1563

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

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

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
_______________________________________________________________________




2844. 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                    01/00/02

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
_______________________________________________________________________




2845. 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                    02/00/02

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
_______________________________________________________________________




2846. USER AND NAVIGATION FEES; OTHER REIMBURSABLE CHARGES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 58a to 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 to 2112

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

[[Page 62123]]

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                            05/01/01                    66 FR 21705
NPRM Comment Period End         07/02/01
Final Action                    02/00/02

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
_______________________________________________________________________




2847. 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              02/09/01                     66 FR 9647
Interim Final Rule Effective    02/09/01
Interim Final Rule Comment 
Period End                      04/10/01
Final Action                    01/00/02

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-AC67
_______________________________________________________________________




2848. 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              12/14/00                    65 FR 78090
Interim Final Rule Effective    08/23/00
Interim Final Rule Comment 
Period End                      02/12/01
Final Action                    01/00/02

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
_______________________________________________________________________




2849. 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 free 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                    01/00/02

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

Leon Hayward, Operations Officer, Department of the Treasury, United 
States Customs Service, Office of Field Operations, 1300 Pennsylvania 
Avenue NW., Washington, DC 20229

[[Page 62124]]

Phone: 202 927-9704

RIN: 1515-AC72
_______________________________________________________________________




2850. UNITED STATES-CARIBBEAN BASIN TRADE PARTNERSHIP ACT AND CARIBBEAN 
BASIN INITIATIVE

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 
2701; 19 USC 3314

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 
Caribbean Basin countries contained in title II of the Trade and 
Development Act of 2000. The trade benefits under title II, also 
referred to as the United States-Caribbean Basin Trade Partnership Act 
(the CBTPA), apply to Caribbean Basin countries designated by the 
President and involve the entry of specific textile and apparel 
articles free of duty and free of any quantitative restrictions, 
limitations, or consultation levels and the extension of NAFTA duty 
treatment standards to non-textile articles that are excluded from 
duty-free treatment under the Caribbean Basin Initiative program.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              10/05/00                    65 FR 59650
Interim Final Rule Effective    10/01/00
Interim Final Rule Comment 
Period End                      12/04/00
Final Action                    01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Craig Walker, Senior Attorney-Advisor, Department of 
the Treasury, United States Customs Service, Special Classification and 
Marking Branch, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-1116

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

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

RIN: 1515-AC76
_______________________________________________________________________




2851. REIMBURSABLE CUSTOMS INSPECTIONAL SERVICES: INCREASE IN HOURLY 
RATE CHARGE

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 5 USC 6103; 19 USC 58a to 58c; 19 USC 66; 
19 USC 261; 19 USC 267; 19 USC 1202; 19 USC 1450 to 1452; 19 USC 1456; 
19 USC 1505; 19 USC 1557; 19 USC 1562; 19 USC 1624; 26 USC 4461; 26 USC 
4462; 31 USC 9701; 46 USC 2110 to 2112

CFR Citation: 19 CFR 24; 19 CFR 101

Legal Deadline: None

Abstract: Amendment to increase the rate of charge for reimbursable 
Customs inspectional services.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/01/01                     66 FR 8554
NPRM Comment Period End         04/02/01
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dennis Lomax, Accountant, Department of the Treasury, 
United States Customs Service, Accounting Services Division, Office of 
Finance, Indianapolis, IN 46278
Phone: 317 298-1200

RIN: 1515-AC77
_______________________________________________________________________




2852. DUTY-FREE TREATMENT FOR CERTAIN BEVERAGES MADE WITH CARIBBEAN RUM

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 
2701; 19 USC 3314

CFR Citation: 19 CFR 10; 19 CFR 163

Legal Deadline: None

Abstract: Amendment to implement a change made by the Trade and 
Development Act of 2000 to the Caribbean Basin Economic Recovery Act, 
also known as the Caribbean Basin Initiative (CBI), that enables 
certain liquers and spirituous beverages to obtain duty-free entry 
under specified conditions when the beverages are processed in the 
territory of Canada from rum that is the growth, product or manufacture 
either of a CBI beneficiary country or of the U.S. Virgin Islands. The 
regulations set forth the certification and supporting documentation 
requirements that are necessary to establish compliance with the 
statutory law, thereby enabling that the rum beverages are properly 
entitled to duty-free entry under the CBI.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              02/09/01                     66 FR 9643
Interim Final Rule Effective    02/09/01
Interim Final Rule Comment 
Period End                      04/10/01
Final Action                    01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1515-AC78
_______________________________________________________________________




2853. RULES OF ORIGIN FOR TEXTILE AND APPAREL PRODUCTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 102

Legal Deadline: None

Abstract: Amendment to align the existing country of origin rules for 
textiles and apparel products with the statutory amendments to section 
334 of the Uruguay Round Agreements Act, as set forth in section 405 
within title IV of the Trade and Development Act of 2000. The amendment 
to the Customs Regulations reflects the amendments set forth in section 
405 regarding the processing operations necessary to confer country of 
origin status to

[[Page 62125]]

certain textile fabrics and made-up articles.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              05/01/01                    66 FR 21660
Interim Final Rule Effective    05/01/01
Interim Final Rule Comment 
Period End                      07/02/01
Final Action                    12/00/01

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

RIN: 1515-AC80
_______________________________________________________________________




2854. AMENDED PROCEDURE FOR OBTAINING REFUNDS OF HARBOR MAINTENANCE FEES 
PAID ON EXPORTS OF MERCHANDISE

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 58a to 58c; 19 USC 66; 19 USC 1202; 
19 USC 1505; 19 USC 1624; 26 USC 4461; 26 USC 4462; 31 USC 9701

CFR Citation: 19 CFR 24

Legal Deadline: None

Abstract: Amendment to simplify the procedure for requesting refunds of 
harbor maintenance fees paid on exports of merchandise.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/28/01                    66 FR 16854
Interim Final Rule Effective    03/28/01
Interim Final Rule Comment 
Period End                      04/27/01
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Deborah Thompson, Accountant, Accounts Receivable 
Branch, Department of the Treasury, United States Customs Service, 
Office of Finance, Indianapolis, IN 46278
Phone: 317 298-1200

RIN: 1515-AC82
_______________________________________________________________________




2855. LICENSES FOR CERTAIN WORSTED WOOL FABRICS SUBJECT TO TARIFF-RATE 
QUOTA

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1508; 19 USC 1509; 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 license, issued under regulations of 
the U.S. Department of Commerce, is in effect for certain worsted wool 
fabric that is the subject of a tariff-rate quota.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              05/01/01                    66 FR 21664
Interim Final Rule Effective    05/01/01                    66 FR 27453
Interim Final Rule Comment 
Period End                      07/02/01                    66 FR 21664
Final Action                    01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Erin Riley, Trade Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-5395

RIN: 1515-AC83
_______________________________________________________________________




2856. AMENDMENT TO WOOL DUTY REFUND PROGRAM

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; PL 106-200

CFR Citation: 19 CFR 10

Legal Deadline: None

Abstract: Amendment to the provision regarding the refund of duties 
paid on imports of wool products pursuant to section 505 of the Trade 
and Development Act of 2000. Principally, the document rectifies an 
interpretive error regarding the description of the types of wool 
products that are eligible to provide the basis for a wool duty refund 
for claim year 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              04/23/01                    66 FR 20392
Interim Final Rule Effective    04/23/01
Interim Final Rule Comment 
Period End                      06/22/01
Final Action                    01/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Bruce Ingalls, Chief, Entry and Drawback Management, 
Department of the Treasury, United States Customs Service, Office of 
Field Operations, 1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-1082

RIN: 1515-AC85
_______________________________________________________________________




2857.  PREFERENTIAL TREATMENT OF BRASSIERES UNDER THE UNITED 
STATES-CARIBBEAN BASIN TRADE PARTNERSHIP ACT

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 
2701; 19 USC 3314

CFR Citation: 19 CFR 10; 19 CFR 163

Legal Deadline: Final, Statutory, October 1, 2001, Public Law 106-200.

Abstract: Amendment to implement those provisions within the United 
States-Caribbean Basin Trade Partnership Act (the CBTPA) that establish 
standards for preferential treatment for brassieres imported from CBTPA 
beneficiary countries. The amendments involve specifically the methods, 
procedures and related standards that will apply for purposes of 
determining compliance with the 75 percent aggregate U.S. fabric 
components content requirement under the CBTPA brassieres provision.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              10/04/01                    66 FR 50534
Interim Final Rule Effective    10/04/01
Interim Final Rule Comment 
Period End                      12/03/01
Final Action                    03/00/02

Regulatory Flexibility Analysis Required: No

[[Page 62126]]

Government Levels Affected: None

Agency Contact: Dick Crichton, Operations Officer, Office of Field 
Operations, Department of the Treasury, United States Customs Service, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-0162

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

RIN: 1515-AC89
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2858. 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                    58 FR 16632


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Diane Hundertmark
Phone: 202 927-0355

RIN: 1515-AB25
_______________________________________________________________________




2859. 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
_______________________________________________________________________




2860. COUNTRY-OF-ORIGIN MARKING REQUIREMENTS FOR FROZEN PRODUCE PACKAGES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 134

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1515-AB61
_______________________________________________________________________




2861. ENTRY OF SOFTWOOD LUMBER SHIPMENTS FROM CANADA

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 12; 19 CFR 113

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              02/26/97                     62 FR 8620
Interim Final Rule Effective    02/26/97
Interim Final Rule Comment 
Period End                      04/28/97
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joyce Metzger
Phone: 202 927-0792

RIN: 1515-AB97
_______________________________________________________________________




2862. 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
_______________________________________________________________________




2863. 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
_______________________________________________________________________




2864. 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
_______________________________________________________________________




2865. 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

[[Page 62127]]

Phone: 202 927-2310

RIN: 1515-AC25
_______________________________________________________________________




2866. 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
_______________________________________________________________________




2867. ENTRY OF SOFTWOOD LUMBER SHIPMENTS FROM CANADA

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 12

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                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dixie Staple
Phone: 202 927-1131

RIN: 1515-AC62
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


United States Customs Service (CUSTOMS)



_______________________________________________________________________




2868. TIME LIMITATION FOR REQUESTING REFUNDS OF HARBOR MAINTENANCE FEES 
AND FOR MAKING OTHER CLAIMS AGAINST CUSTOMS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 24

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/02/01                    66 FR 34813
Final Action Effective          12/31/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Deborah Thompson
Phone: 317 298-1200

RIN: 1515-AC64
_______________________________________________________________________




2869. DISTRIBUTION OF CONTINUED DUMPING AND SUBSIDY OFFSET TO AFFECTED 
DOMESTIC PRODUCERS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 159

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/26/01                    66 FR 33920
Final Action                    09/21/01                    66 FR 48546
Final Action Effective          09/21/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeffrey J. Laxague
Phone: 202 927-0505

RIN: 1515-AC84
_______________________________________________________________________




2870.  CHANGE IN FLAT RATE OF DUTY ON ARTICLES IMPORTED FOR 
PERSONAL OR HOUSEHOLD BONA FIDE GIFTS

Priority: Routine and Frequent

Legal Authority: 19 USC 66; 19 USC 1496; 19 USC 1498; 19 USC 1624; 19 
USC 1202

CFR Citation: 19 CFR 148

Legal Deadline: None

Abstract: Amendment to reflect a provision of the Tariff Suspension and 
Trade Act of 2000 which sets forth staged reductions of the flat rate 
of duty on articles imported for personal or household use or as bona 
fide gifts. The staged reductions of duty rates are applicable to the 
described categories of articles that accompany persons entering the 
United States and that are imported by or for the account of a person 
arriving from American Samoa, Guam, the Commonwealth of the Northern 
Mariana Islands, or the Virgin Islands of the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      09/04/01                    66 FR 46217
Final Rule Effective            09/04/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Ralph L. Hackney, Operations Officer, Passenger 
Programs, Department of the Treasury, United States Customs Service, 
Office of Field Operations, 1300 Pennsylvania Avenue NW., Washington, 
DC 20229
Phone: 202 927-2931

RIN: 1515-AC90
BILLING CODE 4820-02-S
_______________________________________________________________________


Department of the Treasury (TREAS)                        Prerule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




2871.  GASOLINE TAX CLAIMS UNDER SECTION 6416(A)(4)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 48

Legal Deadline: None

Abstract: The project will provide guidance regarding claims for credit 
or refund of the gasoline tax under section 6416(a)(4) of the Internal 
Revenue Code.

[[Page 62128]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses, Governmental Jurisdictions

Government Levels Affected: State, Local, Tribal

Additional Information: REG-143219-01
Drafting attorney: Frank K. Boland (202) 622-3130
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-BA27
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




2872. REPORTING REQUIREMENTS FOR WIDELY HELD FIXED INVESTMENT TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 671; 26 USC 6034; 26 USC 6049; 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: This regulation relates to 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                     12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106871-00 (PS-6-96)
Drafting attorney: Faith Colson (202) 622-3060
Reviewing attorney: J. Thomas Hines (202) 622-3060
Treasury attorney: Viva Hammer (202) 622-0869
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
_______________________________________________________________________




2873. 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-242919-96
Drafting attorney: Patrick E. White (202) 622-3920
Reviewing attorney: Alice Bennett (202) 622-3950
CC:FI&P

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

RIN: 1545-AU95
_______________________________________________________________________




2874. 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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
_______________________________________________________________________




2875. REMOVAL OF TEMPORARY REGULATIONS THAT PROVIDE RULES FOR 
SUBSTANTIATING TRAVEL EXPENSE DEDUCTIONS FOR MEMBERS OF CONGRESS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

[[Page 62129]]

CFR Citation: 26 CFR 1; 26 CFR 5

Legal Deadline: None

Abstract: This project will remove temporary income tax regulations 
section 5e.274-8 (published as TD 7802 in 47 FR 2986). The regulations 
provide rules for the substantiation of Congress members'; travel 
expenses, and the regulations are currently out of date because the 
authorizing legislation was subsequently repealed.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-105513-97
Drafting attorney: Edwin B. Cleverdon (202) 622-4920
Reviewing attorney: Robert A. Berkovsky (202) 622-4920
Reviewing attorney: Linda Kroening (202) 622-4800
CC:IT&A

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

RIN: 1545-AV55
_______________________________________________________________________




2876. TRANSPORTATION OF PERSONS AND PROPERTY BY AIR--SECTIONS 4261 AND 
4271

Priority: Substantive, Nonsignificant

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

CFR Citation: 26 CFR 49

Legal Deadline: None

Abstract: The proposed regulations provide 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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
_______________________________________________________________________




2877. 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106430-98
Drafting attorney: Lian A. Mito (202) 622-7830
Reviewing attorney: Leslie H. Finlow (202) 622-3120
Treasury attorney: Beth Kaufman (202) 622-1766
CC:P&SI

Agency Contact: Lian A. Mito, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7830

RIN: 1545-AW21
_______________________________________________________________________




2878. CAPITAL GAIN GUIDANCE RELATING TO CRTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1; 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-110896-98
Drafting attorney: Danielle M. Grimm (202) 622-3080
Reviewing attorney: Mary Beth Collins (Carchia) (202) 622-3080
Treasury attorney: Beth Kaufman (202) 622-1766
CC:P&SI

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

RIN: 1545-AW35
_______________________________________________________________________




2879. MERCHANDISE REGULATION

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 471; 26 USC 7805; 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                            12/00/01

[[Page 62130]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-122333-97
Drafting attorney: Cheryl L. Oseekey (202) 622-4970
Reviewing attorney: Thomas Luxner (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:IT&A

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

RIN: 1545-AW61
_______________________________________________________________________




2880. REPORTING OF PAYMENTS TO ATTORNEY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6045

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation provides 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
Second NPRM                     12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-126024-01
Drafting attorney: Sara P. Shepherd (202) 622-4960
Reviewing attorney: Michael Montermurro (202) 622-4920
Treasury attorney: Michael Novey (202) 622-1339
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: 202 622-4960

RIN: 1545-AW72
_______________________________________________________________________




2881. 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: These regulations relate to principles for determining if a 
taxpayer has constructively sold an appreciated financial position.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses, Organizations

Government Levels Affected: None

Additional Information: REG-102191-98
Drafting attorney: Kathleen Sleeth (202) 622-3920
Reviewing attorney: Alvin Kraft (202) 622-3920
Treasury attorney: Michael Novey (202) 622-1339
CC:FI&P

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

RIN: 1545-AW97
_______________________________________________________________________




2882. HIGHWAY VEHICLE--DEFINITION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 48

Legal Deadline: None

Abstract: This document provides amendments to regulations relating to 
definition of highway vehicle.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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
_______________________________________________________________________




2883. 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: This regulation relates to the application of the income 
forecast method under section 167(g).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103823-99
Drafting attorney: Bernard P. Harvey III (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 III, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3110

RIN: 1545-AX12
_______________________________________________________________________




2884. CHANGE OF ANNUAL ACCOUNTING PERIOD

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 442

[[Page 62131]]

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation states under what circumstances taxpayers 
should be allowed to change their annual accounting period, either on 
an automatic basis, or with the prior approval of the Commissioner.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/13/01                    66 FR 31850
Public Hearing                  10/02/01                    66 FR 31850

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106917-99
Drafting attorney: Martin Scully (202) 622-4960
Reviewing attorney: Roy Hirschhorn (202) 622-4960
Treasury attorney: Christine Turgeon (202) 622-0865
CC:IT&A

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

RIN: 1545-AX15
_______________________________________________________________________




2885. 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107335-99
Drafting attorney: Charles W. Culmer (202) 622-3960
Reviewing attorney: Robert Williams (202) 622-3960
Treasury attorney: Viva Hammer (202) 622-0869
CC:FI&P

Agency Contact: Charles W. Culmer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3960

RIN: 1545-AX16
_______________________________________________________________________




2886. 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

Agency Contact: Jeffery G. Mitchell, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7804

RIN: 1545-AX21
_______________________________________________________________________




2887. 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: This regulation updates and revises regulations on qualified 
cash or deferred arrangements, ``matching'' contributions, and employee 
contributions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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: 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
_______________________________________________________________________




2888. INSPECTION OF WRITTEN DETERMINATIONS UNDER IRC SECTION 6110

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation amends Treasury Regulation Section 301.6110 
to include Chief Counsel Advice.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

[[Page 62132]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-113129-98
Drafting attorneys: Deborah Lambert-Dean (202) 622-4570
 Charlotte Chyr (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

Charlotte Chyr, Attorney-Advisor, Department of the Treasury, Internal 
Revenue Service, 1111 Constitution Avenue, NW, Washington, DC 20224
Phone: 202 622-4580

RIN: 1545-AX40
_______________________________________________________________________




2889. 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                            12/00/01

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: W. Thomas Reeder (202) 622-1341
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
_______________________________________________________________________




2890. 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 
Taxpayer Relief Act of 1997 and the IRS Restructuring and Reform Act of 
1998.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-111833-99
Drafting attorney: Kerry H. Bryan (202) 622-7940
Reviewing attorneys: Susan Mosley (202) 622-7940
 Henry S. Schneiderman (202) 622-7820
Treasury attorney: Rita Cavanagh (202) 622-1981
CC:PA:APJP

Agency Contact: Kerry H. Bryan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7940

RIN: 1545-AX46
_______________________________________________________________________




2891. SECTION 414(Q) REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 414

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations provide the definition of highly compensated 
employee.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-111277-99
Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6080
Reviewing attorney: Marjorie Hoffman (202) 622-6030
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-AX48
_______________________________________________________________________




2892. 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-104459-99
Drafting attorney: David E. White (202) 622-3980
Reviewing attorney: Timothy Jones (202) 622-3980
CC:TEGE

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

[[Page 62133]]

_______________________________________________________________________




2893. 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: The regulations relate 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                            12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

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
Treasury attorney: William Bortz (202) 622-1352
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
_______________________________________________________________________




2894. 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-111660-99
Drafting attorney: Robert A. Martin (202) 622-7683
Reviewing attorney: Mark Smith (202) 622-3012
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: 202 622-7683

RIN: 1545-AX54
_______________________________________________________________________




2895. MODIFICATION TO SECTION 367(A) STOCK TRANSFER REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 367

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: The section 367(a) stock transfer regulations will be 
modified to address abuses under check-the-box and through the use of 
convertible stock.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116053-99
Drafting attorney: Robert W. Lorence (202) 622-3860
Reviewing attorney: Charles Besecky (202) 622-3860
Treasury attorney: Michael Caballero (202) 622-0851
CC:INTL

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

RIN: 1545-AX77
_______________________________________________________________________




2896. STATUTE OF LIMITATIONS ON COLLECTION INSTALLMENT AGREEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6331

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.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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: Lawrence Schattner (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
_______________________________________________________________________




2897. 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.

[[Page 62134]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-106736-00
Drafting attorney: Horace Howells (202) 622-3050
Reviewing attorney: Shannon Cohen (202) 622-3060
Treasury attorney: Deborah Harrington (202) 622-1788
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-AX93
_______________________________________________________________________




2898. 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: The regulations, under section 168, relate to like-kind 
exchanges.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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: Christopher 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
_______________________________________________________________________




2899. 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                            12/00/01

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 Kocak (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
_______________________________________________________________________




2900. CONSTRUCTIVE TRANSFERS AND 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 rules for determining 
when a redemption by a corporation of the stock of one spouse or former 
spouse results in a constructive transfer to the other spouse or former 
spouse of the proceeds of the redemption.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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
_______________________________________________________________________




2901. GUIDANCE NECESSARY TO FACILITATE ELECTRONIC TAX ADMINISTRATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6011

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: This regulation will amend regulations to allow electronic 
filing of the Form 1040.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107184-00
Drafting attorney: Sara P. Shepherd (202) 622-4960
Reviewing attorney: John McGreevy (202) 622-4960
Treasury attorney: John Parcell (202) 622-2578
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: 202 622-4960

RIN: 1545-AY04

[[Page 62135]]

_______________________________________________________________________




2902. 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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
_______________________________________________________________________




2903. 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: This regulation describes the methods and procedures for 
electing mark-to-market treatment for marketable stock of a PFIC.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-112306-00
Drafting attorney: Mark R. Pollard (202) 622-3860
Reviewing attorney: Phyllis Marcus (202) 622-3840
CC:INTL

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

RIN: 1545-AY17
_______________________________________________________________________




2904. GUIDANCE ON CHANGES TO THE LAWS FOR CORPORATE ESTIMATED TAXES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6655

CFR Citation: Not Yet Determined

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

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 attorney: Pamela W. Fuller (202) 622-4910
Treasury attorneys: Rita Cavanagh (202) 622-1981
 Christopher Ohmes (202) 622-1335
CC:P&A:APJP

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
_______________________________________________________________________




2905. 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

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

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

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

RIN: 1545-AY24
_______________________________________________________________________




2906. IRS NPRM GUIDANCE UNDER SECTION 6050P REGARDING INFORMATION 
REPORTING ON CANCELLATION OF INDEBTEDNESS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 6050

CFR Citation: 26 CFR 1

Legal Deadline: None

[[Page 62136]]

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

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: Michael 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
_______________________________________________________________________




2907. 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 provide 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                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-107580-00
Drafting attorney: Scott H. Rabinowitz (202) 622-4970
Reviewing attorney: Jeffery G. Mitchell (202) 622-4970
Treasury attorney: Christine Turgeon (202) 622-0865
CC:IT&A

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

RIN: 1545-AY39
_______________________________________________________________________




2908. SECTION 83-1032 CONFORMING CHANGES

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

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                            12/00/01

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: Robert Misner (202) 622-6030
Treasury attorney: William Bortz (202) 622-1352
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
_______________________________________________________________________




2909. GUIDANCE UNDER SECTION 817A REGARDING MODIFIED GUARANTEED 
CONTRACTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 817

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will provide guidance to issuers of modified 
guaranteed contracts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-248110-96
Drafting attorney: Ann H. Logan (202) 622-3970
Reviewing attorney: Donald J. Drees (202) 622-3970
CC:FI&P

Agency Contact: Ann H. Logan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3970

RIN: 1545-AY48
_______________________________________________________________________




2910. APPLICATION OF SECTION 338 TO INSURANCE COMPANIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 148; 26 USC 7805; 26 USC 721; 26 USC 338

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations prescribe the manner in which the various 
provisions of subchapter L, chapter 1, subtitle A of the Internal 
Revenue Code apply to asset acquisitions deemed to occur by reason of a 
section 338 election as well as to actual acquisitions of insurance 
company assets subject to section 1060.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-118861-00
Drafting attorneys: Mark Weiss (202) 622-7790
 Theresa Abell (202) 622-7790
Reviewing attorney: William D. Alexander (202) 622-7780
Treasury attorney: Audrey Nacamuli (202) 622-0869
CC:FI&P

Agency Contact: Theresa Abell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224

[[Page 62137]]

Phone: 202 622-7790

Mark Weiss, Attorney-Advisor, Department of the Treasury, Internal 
Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-7790

RIN: 1545-AY49
_______________________________________________________________________




2911. GUIDANCE NECESSARY TO FACILITATE ELECTRONIC TAX ADMINISTRATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6011

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: This document amends regulations to allow electronic filing 
of the Form 1040.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107184-00
Drafting attorney: Sara P. Shepherd (202) 622-4960
Reviewing attorney: John McGreevy (202) 622-4910
Treasury attorney: John Parcell (202) 622-2578
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: 202 622-4960

RIN: 1545-AY56
_______________________________________________________________________




2912. NORMAL RETIREMENT AGE FOR PENSION PLANS

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: These regulations will provide guidance regarding the 
determination of normal retirement age in a pension plan, including a 
money purchase pension plan, target benefit plan and defined benefit 
plan. Section 411(a)(8) defines the term normal retirement age as the 
earlier of: 1) the time a participant attains normal retirement age 
under the plan; or 2) the later of the time a plan participant attains 
age 65, or the 5th anniversary of the time a plan participant commenced 
participation in the plan. These regulations also would provide section 
411(d)(6) relief for amendments that modify a pension plan's normal 
retirement age to conform with the proposed regulation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-125499-00
Drafting attorney: R. Lisa Mojiri-Azad (202) 622-6080
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: William Bortz (202) 622-1352
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-AY61
_______________________________________________________________________




2913. LIABILITIES ASSUMED IN CERTAIN CORPORATE TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 357

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to the assumption of liabilities in 
certain corporate transactions under section 357 of the Internal 
Revenue Code. The regulations affect corporations and their 
shareholders.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-100818-01
Drafting attorney: Douglas C. Bates (202) 622-7550
Reviewing attorney: Debra Carlisle (202) 622-7550
CC:CORP

Agency Contact: Douglas C. Bates, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7550

RIN: 1545-AY74
_______________________________________________________________________




2914. NORMALIZATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 167; 26 USC 168; 26 USC 46

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to the sale or deregulation of 
generation assets.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-104385-01
Drafting attorney: David Selig (202) 622-3040
Reviewing attorney: Peter Friedman (202) 622-3110
Treasury attorney: John Parcell (202) 622-2578
CC:P&SI

Agency Contact: David Selig, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3040

RIN: 1545-AY75

[[Page 62138]]

_______________________________________________________________________




2915. QUALIFIED S ELECTION FOR TESTAMENTARY TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1361

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to the qualified subchapter S 
election for testamentary trusts. A testamentary trust may qualify as a 
permitted shareholder of an S corporation for a 2-year period beginning 
on the day the stock is transferred to the trust. This proposed 
amendment would provide that the beneficiary of a qualifying 
testamentary trust that also qualifies as a qualified subchapters S 
trust (QSST) may make a QSST election at any time up to the end of the 
16-day-and-2-month period beginning after the 2-year qualifying period.

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-106431-00
Drafting attorney: Deane M. Burke (202) 622-3070
Reviewing attorney: Mary Beth Collins (202) 622-3070
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&SI

Agency Contact: Deane M. Burke, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-AY76
_______________________________________________________________________




2916. DISCLOSURE OF RETURNS AND RETURN INFORMATION BY OTHER AGENCIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation permits the Commissioner to authorize 
agencies with access to returns and return information under section 
6103 of the Code to redisclose such returns and return information, 
with the Commissioner's approval, to the Congressional Budget Office 
and other agencies authorized to receive such information in accordance 
with IRC section 6103.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-105344-01
Drafting attorney: Julie C. Schwartz (202) 622-4570
Reviewing attorney: David L. Fish (202) 622-4580
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:D&PL

Agency Contact: Julie C. Schwartz, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4570

RIN: 1545-AY77
_______________________________________________________________________




2917.  RESEARCH CREDIT III

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 41

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Review of T.D. 8930, dealing with the credit for increasing 
research activities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-112991-01
Drafting attorney: Lisa Shuman (202) 622-3120
Reviewing attorneys: Christine Ellison (202) 622-3070
 Leslie Finlow (202) 622-3120
Treasury attorney: Chris Ohmes (202) 622-1335
CC:PS&I

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-AY82
_______________________________________________________________________




2918.  TREATMENT OF COMMUNITY INCOME FOR CERTAIN INDIVIDUALS 
NOT FILING JOINT RETURNS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 66

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide guidance on the treatment of 
community income for certain married taxpayers who do not file joint 
tax returns.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-115054-01
Drafting attorney: Robin M. Tuczak (202) 622-4940
Reviewing attorney: Judith M. Wall (202) 622-4940
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:APJP

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

RIN: 1545-AY83
_______________________________________________________________________




2919.  LOW-INCOME TAXPAYER CLINICS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

[[Page 62139]]

Legal Deadline: None

Abstract: This regulation amends the regulations pertaining to the 
definition of income tax return preparer to exclude low-income taxpayer 
clinics and their volunteers when operating as authorized by 26 U.S.C. 
7526.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-115285-01
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-AY84
_______________________________________________________________________




2920.  NEW MARKET TAX CREDIT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 45D; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations relating to the new markets tax credit under 
section 45D, which was enacted by section 121(a) of the Community 
Renewal Tax Relief Act of 2000 (Pub. L. 106-554).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           05/01/01                    66 FR 21844
NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-119436-01
Drafting attorney: Paul F. Handleman (202) 622-3040
Reviewing attorney: Susan Reaman (202) 622-3040
Treasury attorney: Steve Watson (202) 622-1322
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-AY87
_______________________________________________________________________




2921.  AMENDMENT TO THE DEFINITION OF PRIVATE BUSINESS USE 
APPLICABLE TO TAX-EXEMPT BONDS ISSUED BY STATE AND LOCAL GOVERNMENTS

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

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These final regulations amend section 1.141-3 of the Federal 
Income Tax Regulations to replace references to ``180 days,'' ``90 
days,'' and ``30 days,'' with ``200 days,''100 days,`` and ''50 days,`` 
respectively.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Local

Additional Information: REG-121616-01
Drafting attorney: Michael P. Brewer (202) 622-3980
Reviewing attorney: Bruce Serchuk (202) 622-3980
CC:TEGE

Agency Contact: Michael P. Brewer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980

RIN: 1545-AY88
_______________________________________________________________________




2922.  DISCLOSURE OF RETURNS AND RETURN INFORMATION IN JUDICIAL 
AND ADMINISTRATIVE TAX PROCEEDINGS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 6103

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Proposed rule on disclosure of returns and return information 
in judicial and administrative tax proceedings pursuant to 26 U.S.C. 
6103(h)(4).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-120297-01
Drafting attorney: Stuart D. Murray (202) 622-4580
Reviewing attorney: David L. Fish (202) 622-4580
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:DPL

Agency Contact: Stuart D. Murray, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4580

RIN: 1545-AY89
_______________________________________________________________________




2923.  SECTION 736(B)(3)(B)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 736

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations under section 736(b)(3)(B), payments 
for interest in a partnership if the retiring or deceased partner was a 
general partner in the partnership.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

[[Page 62140]]

Government Levels Affected: None

Additional Information: REG-123382-01
Drafting attorney: Jennifer S. McGinty (202) 622-4580
Reviewing attorney: Mary Beth Collins (202) 622-3070
CC:P&SI

Agency Contact: Jennifer S. McGinty, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4580

RIN: 1545-AY90
_______________________________________________________________________




2924.  REGULATIONS UNDER SECTIONS 6662 AND 6664 REGARDING TAX 
SHELTER PENALTIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6662; 26 USC 6664

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: Regulations under sections 6662 and 6664 regarding tax 
shelter penalties. Project has arisen in connection with the revision 
to Circular 230.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-126016-01
Drafting attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Michael L. Gompertz (202) 622-4940
CC:P&A:AP JP

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-AY97
_______________________________________________________________________




2925.  TORT TYPE RIGHTS TEST

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 104

CFR Citation: 26 CFR 1

Legal Deadline: NPRM, Statutory, September 30, 2001.

Abstract: This proposed regulation amends section 1.104-1(c) of the 
Income Tax Regulations to delete the reference to ``tort or tort type 
rights.''

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-125592-01
Drafting attorney: Sheldon A. Iskow (202) 622-4920
Reviewing attorney: Michael J. Montemurro (202) 622-4920
CC:IT&A

Agency Contact: Sheldon A. Iskow, Tax Law Specialist, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4920

RIN: 1545-AY99
_______________________________________________________________________




2926.  EXPENDITURES IN CONNECTION WITH THE CREATION OF 
INTANGIBLE ASSETS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 263

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations providing guidance on the treatment of 
costs incurred in connection with the creation of an intangible asset.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-125638-01
Drafting attorney: Andrew J. Keyso (202) 622-4950
Reviewing attorney: Robert Casey (202) 622-4950
Treasury attorney: Christine Turgeon (202) 622-4950
CC:IT&A

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

RIN: 1545-BA00
_______________________________________________________________________




2927.  ENTERTAINMENT EXPENSES TREATED AS COMPENSATION

Priority: Info./Admin./Other

Legal Authority: 26 USC 274; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations will revise rules under 26 USC 
274(e)(2), allowing deductions for entertainment expenses to the extent 
they have been treated by the employer as compensation paid to the 
recipient employee, and will address issues raised in Sutherland, 114 
T.C. 197 (2000).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-125603-01
Drafting attorney: Michael A. Nixon (202) 622-7920
Reviewing attorney: George Baker (202) 622-4960
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:IT&A

Agency Contact: Michael A. Nixon, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7920

RIN: 1545-BA03
_______________________________________________________________________




2928.  CONFORMING AMENDMENTS TO SECTION 446

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 446; 26 USC 1502

CFR Citation: 26 CFR 446

[[Page 62141]]

Legal Deadline: None

Abstract: Proposed regulations regarding the treatment of the 
consolidated return intercompany transaction rules as a method of 
accounting.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-125161-01
Drafting attorney: Marie C. Milnes-Vasquez (202) 622-7770
Reviewing attorney: Edward Cohen (202) 622-7770
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

Agency Contact: Marie Milnes-Vasquez, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7770

RIN: 1545-BA05
_______________________________________________________________________




2929.  MERGERS INVOLVING DISREGARDED ENTITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 368

Legal Deadline: None

Abstract: The proposed rules will provide guidance concerning the 
requirements to be met in order for a merger or consolidation to 
qualify as a reorganization under section 368(a)(1)(A). They will also 
address whether certain mergers involving disregarded entities can 
qualify as reorganizations under section 368(a)(1)(A).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-126485-01
Drafting attorneys: Reginald Mombrun (202) 622-7750
 Marlene Oppenheim (202) 622-7770
Reviewing attorney: Mark S. Jennings (202) 622-7770
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

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

Marlene P. Oppenheim, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-7750

RIN: 1545-BA06
_______________________________________________________________________




2930.  NOTICE OF SIGNIFICANT REDUCTION IN THE RATE OF FUTURE 
BENEFIT ACCRUAL

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: The regulations will update the regulations currently in 
section 1.411(d) for changes made as a result of the Economic Growth 
and Tax Relief Reconciliation Act of 2001 (EGTRRA). EGTRAA amends ERISA 
section 204(h) and adds section 4980F to the Code. Section 4980F 
imposes an excise tax for failure to satisfy notice requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-136193-01
Drafting attorney: Janet A. Laufer (202) 622-6090
Treasury attorney: William Bortz (202) 622-6090
CC:TEGE

Agency Contact: Janet A. Laufer, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-6090
Fax: 202 622-4084

RIN: 1545-BA08
_______________________________________________________________________




2931.  CONSOLIDATED RETURNS; NON-APPLICABILITY OF SECTION 
357(C)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations make amendments to section 1.1502-
80(d) of the consolidated return regulations dealing with the scope of 
the non-applicability of section 357(c) in a consolidated group.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-137519-01
Drafting attorney: Thomas I. Russell (202) 622-7930
Reviewing attorney: Al Bishop (202) 622-7930
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

Agency Contact: Thomas I. Russell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7930

RIN: 1545-BA09
_______________________________________________________________________




2932.  REDUCTIONS OF ACCRUALS AND ALLOCATIONS BECAUSE OF 
INCREASED AGE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 411; 26 USC 411

CFR Citation: 26 CFR 1

Legal Deadline: Final, Statutory, February 1, 1988.

Abstract: These regulations will prescribe rules regarding the 
requirement that accruals and allocations under qualified retirement

[[Page 62142]]

plans cannot be reduced because of the attainment of any age.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses, Organizations

Government Levels Affected: None

Additional Information: REG-209500-86
Drafting attorney: Linda S.F. Marshall (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6090
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-BA10
_______________________________________________________________________




2933.  GUIDANCE UNDER SECTION 1502 REGARDING TRANSACTIONS 
INVOLVING OBLIGATIONS OF CONSOLIDATED GROUP MEMBERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Regulations regarding intercompany obligations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-107592-00
Drafting attorney: Heather Johnson (202) 622-7750
Reviewing attorney: Michael J. Wilder (202) 622-7750
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

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

RIN: 1545-BA11
_______________________________________________________________________




2934.  GUIDANCE REGARDING THE TREATMENT BY A CORPORATION OF 
FINANCIAL INSTRUMENT BASED ON THE VALUE OF THAT CORPORATION'S STOCK

Priority: Routine and Frequent

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Proposed regulations are being considered that would provide 
guidance regarding the application of section 1032 with respect to 
financial instruments based as the value of the corporation's stock.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-139865-01
Drafting attorney: Joseph M. Calianno (202) 622-7550
CC:CORP

Agency Contact: Joseph M. Calianno, Assistant Branch Chief, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7550

RIN: 1545-BA12
_______________________________________________________________________




2935.  DEDUCTIBILITY OF EMPLOYER CONTRIBUTIONS FOR DEFERRED 
COMPENSATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations will update and clarify the general rules 
for deductibility of employer contributions to qualified retirement 
plans and other deferred compensation arrangements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-139449-01
Drafting attorney: Linda S.F. Marshall (202) 622-6090
Reviewing attorney: Mark Schwimmer (202) 622-6090
Treasury attorney: Thomas Reeder (202) 622-1341
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-BA13
_______________________________________________________________________




2936.  CONTINUATION OF A CONSOLIDATED GROUP UNDER 1.1502-75

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation project addresses issues related to the 
continuation of consolidated groups under 1.1502-75.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-126022-01
Drafting attorney: Christopher M. Bass (202) 622-7770
CC:CORP

Agency Contact: Christopher M. Bass, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7770

RIN: 1545-BA14

[[Page 62143]]

_______________________________________________________________________




2937.  ELIGIBILITY FOR RECEIVING LITC GRANTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7526

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations set out certain requirements for 
eligibility for receiving LITC grants.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-139711-01
Drafting attorney: Delilah S. Schroeder (202) 622-7940
Reviewing attorney: Peter Reilly (202) 622-7940
CC:P&A:APJP

Agency Contact: Delilah S. Schroeder, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7940

RIN: 1545-BA19
_______________________________________________________________________




2938.  GUIDANCE REGARDING THE ACTIVE TRADE OR BUSINESS 
REQUIREMENT OF SECTION 355(B)

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

Legal Authority: 26 USC 7805; 26 USC 355

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations address the effect that certain 
changes (including by purchase, creation, or other acquisition) may 
have on a corporation's ability to comply with the active trade or 
business requirement of section 355(b). These proposed regulations 
affect corporations and are necessary to provide them with guidance in 
determining whether the active trade or business requirement has been 
satisfied.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-115365-01
Drafting attorney: Russell P. Subin (202) 622-7790
Reviewing attorney: Filiz Serbes (202) 622-7790
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

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

RIN: 1545-BA20
_______________________________________________________________________




2939.  CATCH-UP CONTRIBUTIONS FOR INDIVIDUALS AGE 50 OR OVER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The temporary regulation will provide guidance for plans that 
permit individuals age 50 or over to make catch-up contributions under 
the plan.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulation            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-142499-01
Drafting attorney: John T. Ricotta (202) 622-6060
Reviewing attorney: Marjorie Hoffman (202) 622-6060
Treasury attorney: Elizabeth Drigotas (202) 622-1332
CC:TEGE

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

RIN: 1545-BA23
_______________________________________________________________________




2940.  CATCH-UP CONTRIBUTIONS FOR INDIVIDUALS AGE 50 OR OVER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: None

Legal Deadline: None

Abstract: The proposed regulations would provide guidance for plans 
that permit individuals age 50 or over to make catch-up contributions 
under the plan.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-142499-01
Drafting attorney: John T. Ricotta (202) 622-6060
Reviewing attorney: Marjorie Hoffman (202) 622-6060
Treasury attorney: Elizabeth Drigotas (202) 622-1332
CC:TEGE

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

RIN: 1545-BA24
_______________________________________________________________________




2941.  UNIT LIVESTOCK PRICING METHOD

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 471; 26 USC 7805

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The proposed regulations reexamines requirements to annually 
reevaluate and upward adjust unit livestock prices.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

[[Page 62144]]

Government Levels Affected: None

Additional Information: REG-125626-01
Drafting attorney: A. Katharine Kiss (202) 622-4930
Reviewing attorney: Michael Finley (202) 622-4930
CC:IT&A

Agency Contact: A. Katharine Kiss, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4930

RIN: 1545-BA25
_______________________________________________________________________




2942.  APPLICATION OF THE FEDERAL INSURANCE CONTRIBUTIONS ACT, 
FEDERAL UNEMPLOYMENT TAX ACT AND COLLECTION OF INCOME TAX AT SOURCE TO 
STATUTORY STOCK OPTIONS

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

Legal Authority: 26 USC 3101; 26 USC 3301; 26 USC 3401; 26 USC 7805; 26 
USC 3208

CFR Citation: 26 CFR 31

Legal Deadline: None

Abstract: The proposed regulations under sections 424, 3121, 3306, 3401 
contained in the Notice of Proposed Rulemaking clarify the application 
of the Federal Insurance Contributions Act (FICA), Federal Unemployment 
Tax Act (FUTA), and Collection of Income Tax at Source to statutory 
stock options; i.e., incentive stock options under section 422 (ISOs) 
and options granted under employee stock purchase plans under section 
423 (ESPP options). The proposed regulations provide that at the time 
of the exercises of a statutory stock option, the individual who was 
granted the statutory stock option receives wages for FICA and FUTA 
purposes. The proposed regulations also provide that the amount of 
wages received equals the excess of the fair market value of the stock 
acquired pursuant to the exercise of the statutory stock option over 
the amount paid for the stock. The proposed regulations also provide 
that income tax withholding is not required when an individual 
exercises a statutory stock option because no income is recognized at 
the time of exercise by reason of section 421(a)(1).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-142686-01
Drafting attorney: Stephen B. Tackney (202) 622-6040
Reviewing attorney: Michael A. Swim (202) 622-6040
Treasury attorney: Bill Bortz (202) 622-1352
CC:TEGE

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

RIN: 1545-BA26
_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Internal Revenue Service (IRS)



_______________________________________________________________________




2943. INCOME TAX--TAXPAYER'S OBLIGATION TO FILE A NOTICE OF 
REDETERMINATION OF FOREIGN TAX AND CIVIL PENALTIES FOR FAILURE TO FILE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 905; 26 USC 6689

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

Legal Deadline: None

Abstract: The regulations will establish procedures for taxpayers by 
which they must notify the Service of a change in foreign tax liability 
for a taxable year for which they claimed the foreign tax credit. In 
addition, the regulations set forth deadlines for compliance with the 
notification requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/23/88                    53 FR 23659
Final Action                    06/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209020-86 (INTL-061-86)
Drafting attorney: Bethany Ingwalson (202) 622-3850
Reviewing attorney: Barbara A. Felker (202) 622-3850
CC:INTL

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

RIN: 1545-AC09
_______________________________________________________________________




2944. NONRECOGNITION OF CORPORATE DISTRIBUTIONS AND REORGANIZATIONS 
UNDER THE FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 897

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide rules concerning the effect of 
certain distributions including dividends, redemptions, distributions 
pursuant to reorganizations, and liquidations on corporations and their 
shareholders under the Foreign Investment in Real Property Tax Act. 
Regulations will also provide rules for determining the extent to which 
nonrecognition would apply to certain transfers of real property 
interests and the extent to which certain reorganizations will be 
treated as sales of property at fair market value.

[[Page 62145]]

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

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209039-87 (INTL-491-87)
Drafting attorney: Robert W. Lorence (202) 622-3860
Reviewing attorney: Charles P. Besecky (202) 622-3860
CC:INTL

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

RIN: 1545-AK79
_______________________________________________________________________




2945. LIMITATIONS ON PASSIVE ACTIVITY LOSSES AND CREDITS--SELF-CHARGED 
ITEMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 0469

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will address the treatment of self-charged 
items of income and expense in connection with transactions between 
passthrough entities and owners of interests in those entities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209365-89 (PS-39-89)
Drafting attorney: Danielle M. Grimm (202) 622-3080
Reviewing attorney: Jeanne Sullivan (202) 622-3080
Treasury attorney: John Parcell (202) 622-2578
CC:P&SI

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

RIN: 1545-AN64
_______________________________________________________________________




2946. 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Local

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: W. Thomas Reeder (202) 622-1341
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
_______________________________________________________________________




2947. ESCROW FUNDS AND OTHER SIMILAR FUNDS

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 0468B

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides further guidance relating to certain 
escrow funds and other similar funds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209619-93 (IA-17-93)
Drafting attorney: A. Katharine Kiss (202) 622-4930
Reviewing attorney: Michael Finley (202) 622-4930
CC:IT&A

Agency Contact: A. Katharine Kiss, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4930

RIN: 1545-AR82
_______________________________________________________________________




2948. EFFECT OF THE FAMILY AND MEDICAL LEAVE ACT ON THE OPERATION OF 
CAFETERIA PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation contains additions to the Income Tax 
regulations, under section 125 of the Internal Revenue Code, relating 
to cafeteria plans, to answer a number of

[[Page 62146]]

questions that have been raised about how the requirements under the 
Family and Medical Leave Act of 1993, Public Law 103-3, affect the 
operation of cafeteria plans.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/21/95                    60 FR 66229
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209767-95 (EE-20-95)
Drafting attorney: Shoshanna Chaiton (202) 622-6080
Reviewing attorney: Harry Beker (202) 622-6080
Treasury attorney: William Bortz (202) 622-1352
CC:TEGE

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

RIN: 1545-AT47
_______________________________________________________________________




2949. 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209817-96 (FI-10-96)
Drafting attorney: Christina A. Morrison (202) 622-3950
Reviewing attorney: Alice M. Bennett (202) 622-3950
Treasury attorney: Michael Novey (202) 622-1339
CC:FI&P

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

RIN: 1545-AU19
_______________________________________________________________________




2950. 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 
taxing 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                            12/29/00                    65 FR 82963
Final Action                    12/00/01

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
_______________________________________________________________________




2951. INTEREST ON EDUCATION LOANS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 221; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance on the deduction of 
interest on education loans under section 221.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/99                     64 FR 3257
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116826-97
Drafting attorney: Nicole E. Francis (202) 622-3653
CC:IT&A

Agency Contact: Nicole E. Francis, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3653

RIN: 1545-AW01
_______________________________________________________________________




2952. AVERAGING OF FARM INCOME

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1301

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

[[Page 62147]]

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 year's 
tax liability.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/08/99                    64 FR 54836
Public Hearing                  02/15/00
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-121063-97
Drafting attorney: John Moran (202) 622-4940
Reviewing attorney: Judith M. Wall (202) 622-4940
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
_______________________________________________________________________




2953. MARK-TO-MARKET ACCOUNTING FOR DEALERS IN COMMODITIES AND TRADERS 
IN SECURITIES AND COMMODITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 475; 26 USC 7805

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                    12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-104924-98
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-AW06
_______________________________________________________________________




2954. 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                            12/18/00                    65 FR 79015
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106542-98
Drafting attorney: Faith Colson (202) 622-3060
Reviewing attorney: J. Thomas Hines (202) 622-3060
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
_______________________________________________________________________




2955. CORPORATE TAX SHELTER REGISTRATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6111

CFR Citation: 26 CFR 301

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            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

Additional Information: REG-110311-98
Drafting attorney: Danielle M. Grimm (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3070
CC:P&SI

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

RIN: 1545-AW26
_______________________________________________________________________




2956. 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-105964-98
Drafting attorney: Heather Johnson (202) 622-7750
Reviewing attorney: Michael Wilder (202) 622-7750
CC:CORP

Agency Contact: Heather Johnson, Attorney-Advisor, Department of the

[[Page 62148]]

Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7750

RIN: 1545-AW30
_______________________________________________________________________




2957. 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106186-98
Drafting attorney: Reginald Mombrun (202) 622-7750
Reviewing attorney: Mark Jennings (202) 622-7750
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

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

RIN: 1545-AW36
_______________________________________________________________________




2958. PAYMENT OF TAXES BY CREDIT CARD AND DEBIT CARD

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6311

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The purpose of this regulation is to authorize the Secretary 
of the Treasury to accept payment of taxes by credit cards and debit 
cards, pursuant to section 6311 of title 26, as amended by the Tax 
Relief Act of 1997.

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

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-111435-98
Drafting attorney: Robert Taylor (202) 622-4940
Reviewing attorney: Michael Gompertz (202) 622-4940
Treasury attorney: John Parcell (202) 622-2578
CC:P&A:APJP

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

RIN: 1545-AW37
_______________________________________________________________________




2959. MIDDLEMAN REGULATION UNDER SECTIONS 6041 AND 6045

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6041; 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                            10/17/00                    65 FR 61292
Public Hearing                  02/07/01
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-246249-96
Drafting attorney: Nancy L. Rose (202) 622-4910
Reviewing attorney: James C. Gibbons (202) 622-4910
Treasury attorney: Michael Novey (202) 622-1339
CC:PA:APJP

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

RIN: 1545-AW48
_______________________________________________________________________




2960. RELIEF FROM JOINT AND SEVERAL LIABILITY ON JOINT RETURN

Priority: Substantive, Nonsignificant

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                            01/17/01                     66 FR 3888
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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: Charles A. Hall (202) 622-4940
Reviewing attorney: Judith M. Wall (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-AW64

[[Page 62149]]

_______________________________________________________________________




2961. EDUCATION CREDITS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 25

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                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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: 202 927-9248

RIN: 1545-AW65
_______________________________________________________________________




2962. INFORMATION REPORTING FOR PAYMENTS OF TUITION AND INTEREST ON 
EDUCATION LOANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6050

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/20/00                    65 FR 79788
Final Action                    12/00/01

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: 202 927-9248

RIN: 1545-AW67
_______________________________________________________________________




2963. 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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: Deborah Harrington (202) 622-1788
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
_______________________________________________________________________




2964. 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                    12/00/01

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: Lawrence Schattner (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
_______________________________________________________________________




2965. NOTICE AND OPPORTUNITY FOR HEARING BEFORE LEVY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6330

CFR Citation: 26 CFR 1

[[Page 62150]]

Legal Deadline: None

Abstract: The regulation provides guidance concerning the 
implementation of section 6330 of title 26, as added by section 3401 of 
the Internal Revenue Service Restructuring and Reform Act of 1998.

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

Additional Information: REG-117620-98
Drafting attorney: Jerome D. Sekula (202) 622-3610
Reviewing attorney: Alan C. Levine (202) 622-3610
Treasury attorney: Rita Cavanagh (202) 622-1981
CC:P&A:CB&S

Agency Contact: Jerome D. Sekula, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3610

RIN: 1545-AW90
_______________________________________________________________________




2966. NOTICE AND OPPORTUNITY FOR HEARING UPON FILING OF NOTICE OF LIEN

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6320

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation provides guidance concerning the 
implementation of section 6320 of title 26, as added by the Internal 
Revenue Service Restructuring and Reform Act of 1998 section 3401.

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

Additional Information: REG-116824-98
Drafting attorney: Jerome D. Sekula (202) 622-3610
Reviewing attorney: Alan C. Levine (202) 622-3610
Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:P&A:CB&S

Agency Contact: Jerome D. Sekula, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3610

RIN: 1545-AW91
_______________________________________________________________________




2967. 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

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-209135-88
Drafting attorney: Lisa A. Fuller (202) 622-7750
Reviewing attorney: Mark Jennings (202) 622-7750
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
_______________________________________________________________________




2968. TRANSFER OF REMIC RESIDUAL INTEREST

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 8606

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will amend the rules on transfers of non-
economic residual interests to clarify the computational component of 
the safe harbor rule for establishing lack of improper knowledge under 
existing law.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/07/00                     65 FR 5807
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122450-98
Drafting attorney: Courtney Shepardson (202) 622-3930
Reviewing attorneys: David Silber (202) 622-3930
 Dale Collinson (202) 622-3900
Treasury attorney: Michael Novey (202) 622-1339
CC:FI&P

Agency Contact: Courtney Shepardson, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3930

RIN: 1545-AW98
_______________________________________________________________________




2969. QUALIFIED OFFERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation relates to the qualified offer rule allowing 
the recovery of reasonable administrative or litigation costs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/04/01                      66 FR 749
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

[[Page 62151]]

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-121928-98
Drafting attorneys: Kerry H. Bryan (202) 622-7940
 Susan Mosley (202) 622-7940
Reviewing attorney: Henry Schneiderman (202) 622-7820
Treasury attorney: Rita Cavanaugh (202) 622-1981
CC:PA:APJP

Agency Contact: Kerry H. Bryan, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7940

Susan Mosley, Attorney-Advisor, Department of the Treasury, Internal 
Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-7940

RIN: 1545-AW99
_______________________________________________________________________




2970. 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                            01/02/01                       66 FR 77
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-104906-99
Drafting attorney: Charles B. Christopher (202) 622-3630
Reviewing attorney: Robert A. Miller (202) 622-3630
CC:P&A:CB&S

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

RIN: 1545-AX04
_______________________________________________________________________




2971. 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-105606-99
Drafting attorney: Lisa Shuman (202) 622-3120
Reviewing attorney: Leslie Finlow (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
_______________________________________________________________________




2972. DELAY RENTAL PAYMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 263

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                    12/00/01

Regulatory Flexibility Analysis Required: No

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

RIN: 1545-AX06
_______________________________________________________________________




2973. COORDINATION OF SECTIONS 755 AND 1060

Priority: Substantive, Nonsignificant

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

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/05/00                    65 FR 17829
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

[[Page 62152]]

Government Levels Affected: None

Additional Information: REG-107872-99
Drafting attorney: Craig Gerson (202) 622-3050
Reviewing attorney: Matthew Lay (202) 622-3060
CC:P&SI

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

RIN: 1545-AX18
_______________________________________________________________________




2974. 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                    12/00/01

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Additional Information: REG-107644-98
Drafting attorney: Leo F. Nolan, II (202) 622-4970
Reviewing attorney: Jeffery G. Mitchell (202) 622-4970
Treasury attorney: Christine 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: 202 622-4970

RIN: 1545-AX20
_______________________________________________________________________




2975. 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: These rules reflect 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                            10/10/00                    65 FR 60136
Public Hearing                  01/23/01
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-105235-99
Drafting attorney: Sara P. Shepherd (202) 622-4960
Reviewing attorney: George Baker (202) 622-4960
Treasury attorney: Elizabeth Askey (202) 622-0224
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: 202 622-4960

RIN: 1545-AX28
_______________________________________________________________________




2976. 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: The regulation provides 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                            01/17/01                     66 FR 3916
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-109481-99
Drafting attorney: Robert M. Walsh (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6000
CC:TEGE

Agency Contact: 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
_______________________________________________________________________




2977. 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: The regulation 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; 
revises the rule under section 1.1502-78 for an application for 
carryback adjustment with respect to a loss a rising in another 
consolidated group.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/26/00                    65 FR 57755
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103805-99
Drafting attorneys: George Robert Johnson (202) 622-7930
 Gerald B. Fleming (202) 622-7770
Reviewing attorney: Steven J. Hankin (202) 622-7930
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

Agency Contact: George Robert Johnson, Attorney-Advisor, Department of 
the Treasury, Internal Revenue

[[Page 62153]]

Service, 1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-7930
Fax: 202 622-6889

Gerald B. Fleming, Senior Techincian Reviewer, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7770
Fax: 202 927-1851

RIN: 1545-AX56
_______________________________________________________________________




2978. 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
Notice of Public Hearing        12/06/00                    65 FR 76194
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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
_______________________________________________________________________




2979. REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY ABUSIVE 
TAX SHELTERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6112; 26 USC 7805

CFR Citation: 26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: These regulations require the maintenance of lists of 
investors in potentially abusive tax shelters described in section 
6112.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103736-00
Drafting attorney: Danielle M. Grimm (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3080
CC:P&SI

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

RIN: 1545-AX79
_______________________________________________________________________




2980. TAX SHELTER DISCLOSURE STATEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6011; 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: The regulations require certain corporate taxpayers to file a 
statement under section 6011 and maintain certain documents under 
section 6001.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/02/00                    65 FR 11269
Public Hearing                  06/20/00                    65 FR 11270
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103735-00
Drafting attorney: Danielle M. Grimm (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3080
CC:P&SI

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

RIN: 1545-AX81
_______________________________________________________________________




2981. 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                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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

[[Page 62154]]

_______________________________________________________________________




2982. DISCLOSURE OF RETURN AND RETURN INFORMATION TO DESIGNEE OF 
TAXPAYER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103

CFR Citation: 26 CFR 301

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                            01/11/01                     66 FR 2373
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103320-00
Drafting attorney: Joseph E. Conley (202) 622-4570
Reviewing attorney: David Fish (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:D&PL

Agency Contact: Joseph E. Conley, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4570

RIN: 1545-AX85
_______________________________________________________________________




2983. DETERMINATION OF BASIS OF PARTNERS'; INTEREST; SPECIAL RULES

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 directly or indirectly acquires an 
interest in a partnership that holds stock in the same corporation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/03/01                      66 FR 315
Public Hearing                  05/03/01                      66 FR 315
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106702-00
Drafting attorney: Barbara MacMillan (202) 622-3050
Reviewing attorney: David R. Haglund (202) 622-3050
Treasury attorney: Deborah Harrington (202) 622-5721
CC:P&SI

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

RIN: 1545-AX94
_______________________________________________________________________




2984. 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: The regulations provide 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                            02/15/01                     66 FR 1039
Final Action                    12/00/01

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: J. Thomas Hines (202) 622-3060
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
_______________________________________________________________________




2985. 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: This regulation amends the rules 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. The 
regulation addresses 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                            01/12/01                    66 FR 30375
Public Hearing                  05/02/01                     66 FR 3276
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-111835-99
Drafting attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Richard Goldstein (202) 622-7820
Treasury attorney: Rita Cavanagh (202) 622-1981

[[Page 62155]]

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-AY05
_______________________________________________________________________




2986. 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                            01/17/01                     66 FR 3959
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-110659-00
Drafting attorney: Beverly Katz (202) 622-3050
Reviewing attorney: Dianna Miosi (202) 622-3050
Treasury attorney: Deborah Harrington (202) 622-1788
CC:P&SI

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

RIN: 1545-AY16
_______________________________________________________________________




2987. ``AUTHORIZED PLACEMENT AGENCY'' UNDER SECTION 152

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 152

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The 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                            11/30/00                    65 FR 71277
Final Action                    12/00/01

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
_______________________________________________________________________




2988. DISQUALIFIED PERSONS

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

Legal Authority: 26 USC 1031

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These 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                            01/17/01                     66 FR 3924
Public Hearing                  06/05/01                     66 FR 3925
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-107175-00
Drafting attorney: Brendan O'Hara (202) 622-7900
Reviewing attorneys: Steve Toomey (202) 622-4920
 Linda Kroening (202) 622-4800
CC:IT&A

Agency Contact: Brendan O'Hara, Attorney Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7900

RIN: 1545-AY19
_______________________________________________________________________




2989. 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: The regulations will address issues presented by a change in 
the taxpayer accounting for a long-term contract.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/16/01                    66 FR 10643
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

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

RIN: 1545-AY31
_______________________________________________________________________




2990. HIPAA GENERAL NONDISCRIMINATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 9833

[[Page 62156]]

CFR Citation: 26 CFR 54

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                            01/08/01                     66 FR 1435
Final Action                    06/00/02

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) 622-6000
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-AY32
_______________________________________________________________________




2991. 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                            01/10/01                     66 FR 1437
Final Action                    06/00/02

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) 622-6000
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-AY33
_______________________________________________________________________




2992. 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                            01/08/01                     66 FR 1421
Final Action                    06/00/02

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
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-AY34
_______________________________________________________________________




2993. 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                            01/02/01                       66 FR 66
Hearing                         05/15/01                       66 FR 66
Final Action                    12/00/01

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
CC:CORP

Agency Contact: Brendan O'Hara, Attorney Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7900

RIN: 1545-AY42
_______________________________________________________________________




2994. DISCLOSURE OF RETURN INFORMATION TO OFFICERS AND EMPLOYEES OF THE 
DEPARTMENT OF COMMERCE FOR CERTAIN STATISTICAL PURPOSES AND RELATED 
ACTIVITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The regulations relate to additions to the list of items of 
information disclosed to the Bureau of the Census for use in the 
Longitudinal

[[Page 62157]]

Employer-Household Dynamics (LEHD) project and the Survey of Income and 
Program Participation (SIPP) project.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/13/01                     66 FR 9991
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-121109-00
Drafting attorney: Stuart D. Murray (202) 622-4580
Reviewing attorney: David Fish (202) 622-4580
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:PA:DPL

Agency Contact: Stuart D. Murray, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4580

RIN: 1545-AY52
_______________________________________________________________________




2995. LIABILITIES ASSUMED IN CERTAIN CORPORATE TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 357

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to the assumption of liabilities in 
certain corporate transactions under section 301 and section 357 of the 
Internal Revenue Code. The regulations affect corporations and their 
shareholders.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/04/01                      66 FR 748
Second NPRM                     05/23/01                    66 FR 28407
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106791-00
Drafting attorney: Michael N. Kaibri (202) 622-7550
Reviewing attorney: Debra Carfisle (202) 622-7550
CC:CORP

Agency Contact: Michael N. Kaibri, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7550

RIN: 1545-AY55
_______________________________________________________________________




2996. EXCISE TAXES ON EXCESS BENEFIT TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 4958

CFR Citation: 26 CFR 53; 26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: Section 4958 of the IRC imposes excise taxes on transactions 
between certain tax exempt organizations and persons in a position to 
exercise substantial influence over the affairs of the organization, 
where the transactions are at greater than fair market value. These 
regulations will clarify certain definitions and rules in section 4958.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/10/01                     66 FR 2173
Final Action                    12/00/01

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 attorneys: Paul Feinberg (202) 622-6000
 Paul Accettura (202) 622-6070
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-AY65
_______________________________________________________________________




2997. SECTION 706 AND FOREIGN PARTNERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 706

Legal Deadline: None

Abstract: The regulations will provide guidance regarding the 
determination under section 706(b) of the taxable year of a partnership 
with foreign partners.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/17/01                     66 FR 3920
Public Hearing                  06/06/01                     66 FR 3920
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-104876-00
Drafting attorney: Daniel Carmody (202) 622-3080
Reviewing attorney: Mary Beth Collins (202) 622-3070
Treasury attorney: Deborah Harrington (202) 622-1788
CC:P&SI

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

RIN: 1545-AY66
_______________________________________________________________________




2998. TAX TREATMENT OF CAFETERIA PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 125

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides information about the tax treatment 
of cafeteria plans.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/10/01                     66 FR 1923
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

[[Page 62158]]

Additional Information: REG-209461-79
Drafting attorney: Shoshanna Chaiton (202) 622-6080
Reviewing attorney: Harry Beker (202) 622-6080
CC:TEGE

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

RIN: 1545-AY67
_______________________________________________________________________




2999. NOTICE TO INTERESTED PARTIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: These regulations set forth the applicable standards by which 
a plan sponsor may satisfy the notice to interested parties 
requirement. Before the Service can issue a determination letter, a 
plan sponsor must provide evidence that it has notified all persons who 
qualify as interested parties that an application for an advance 
determination will be filed regarding the qualification of the 
sponsor's plan. The proposed regulations affect retirement plan 
sponsors, interested parties, and certain representatives of interested 
parties.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/17/01                     66 FR 3954
Final Action                    12/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-129608-00
Drafting attorney: Pamela R. Kinard (202) 622-6060
Reviewing attorney: Marjorie Hoffman (202) 622-6060
Treasury attorney: W. Thomas Reeder (202) 622-1341
CC:TEGE

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

RIN: 1545-AY68
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Internal Revenue Service (IRS)



_______________________________________________________________________




3000. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: W. Edward Williams
Phone: 202 622-3880

RIN: 1545-AC10
_______________________________________________________________________




3001. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Erinn Madden
Phone: 202 622-6030

RIN: 1545-AH49
_______________________________________________________________________




3002. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Douglas Giblen
Phone: 202 874-1490

RIN: 1545-AI16
_______________________________________________________________________




3003. 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                    12/00/02

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Patricia A. Bray
Phone: 202 622-3880

RIN: 1545-AJ57
_______________________________________________________________________




3004. 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

[[Page 62159]]

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Amanda A. Ehrlich
Phone: 202 622-3880

RIN: 1545-AJ93
_______________________________________________________________________




3005. REGULATIONS UNDER SECTION 367 TO REFLECT SECTION 131 OF THE TAX 
REFORM ACT OF 1984 (PUB. L. 98-369)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/16/86                    51 FR 17990
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Michael H. Frankel
Phone: 202 622-3860

RIN: 1545-AK74
_______________________________________________________________________




3006. FOREIGN INSURANCE COMPANIES

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: Steven D. Jensen
Phone: 202 622-3870

RIN: 1545-AL82
_______________________________________________________________________




3007. 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 A. Juster
Phone: 202 622-3850

RIN: 1545-AL93
_______________________________________________________________________




3008. CLARIFICATION OF TREATMENT OF SEPARATE LIMITATION LOSSES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AM11
_______________________________________________________________________




3009. COMPUTATION OF A BRANCH'S TAXABLE INCOME; TAXATION OF EXCHANGE 
GAIN OR LOSS ON BRANCH REMITTANCES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/25/91                    56 FR 48457


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Steven D. Jensen
Phone: 202 622-3870

RIN: 1545-AM12
_______________________________________________________________________




3010. 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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Anne Devereaux
Phone: 202 622-3850

RIN: 1545-AM90
_______________________________________________________________________




3011. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: W. Edward Williams
Phone: 202 622-3880

RIN: 1545-AM91
_______________________________________________________________________




3012. SECTION 361 OUTBOUND TRANSFERS OF PROPERTY TO FOREIGN CORPORATIONS

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: Aaron A. Farmer
Phone: 202 622-3860

RIN: 1545-AM97
_______________________________________________________________________




3013. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jean Marie Casey
Phone: 202 622-6030

RIN: 1545-AN40

[[Page 62160]]

_______________________________________________________________________




3014. 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
_______________________________________________________________________




3015. 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

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AO22
_______________________________________________________________________




3016. EARNINGS STRIPPING PAYMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/18/91                    56 FR 27907
Hearing                         09/25/91                    56 FR 27927
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Milton M. Cahn
Phone: 202 622-3870

RIN: 1545-AO24
_______________________________________________________________________




3017. FOREIGN INSURANCE COMPANY--DOMESTIC ELECTION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AO25
_______________________________________________________________________




3018. FRINGE BENEFIT SOURCING UNDER SECTION 861

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/00                     65 FR 3402
Public Hearing                  07/18/00                     65 FR 3402
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David F. Bergkuist
Phone: 202 622-3850

RIN: 1545-AO72
_______________________________________________________________________




3019. TAXATION OF GLOBAL TRADING

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Garrett D. Gregory
Phone: 202 622-3870

RIN: 1545-AP01
_______________________________________________________________________




3020. INFORMATION REPORTING AND RECORD MAINTENANCE UNDER SECTION 6038C

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: Garrett D. Gregory
Phone: 202 622-3870

RIN: 1545-AP10
_______________________________________________________________________




3021. 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


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1545-AP30
_______________________________________________________________________




3022. 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AP33
_______________________________________________________________________




3023. 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

[[Page 62161]]

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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa K. Leong
Phone: 202 622-7530

RIN: 1545-AP52
_______________________________________________________________________




3024. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Anne Devereaux
Phone: 202 622-3850

RIN: 1545-AQ55
_______________________________________________________________________




3025. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Karin Loverud
Phone: 202 622-6060

RIN: 1545-AQ61
_______________________________________________________________________




3026. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Ann H. Logan
Phone: 202 622-3970

RIN: 1545-AQ70
_______________________________________________________________________




3027. INTEGRATED FINANCIAL TRANSACTION

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: Garrett D. Gregory
Phone: 202 622-3870

RIN: 1545-AR20
_______________________________________________________________________




3028. SECTION 6048 REGULATIONS

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: Karen Rennie Quarrie
Phone: 202 622-3880

RIN: 1545-AR25
_______________________________________________________________________




3029. APPLICATIONS OF SECTION 1503(D) TO PARTNERSHIPS AND OTHER ITEMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AR26
_______________________________________________________________________




3030. INTERCOMPANY TRANSFER PRICING FOR SERVICES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1545-AR32
_______________________________________________________________________




3031. 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
_______________________________________________________________________




3032. 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

[[Page 62162]]

Agency Contact: Mary Truchly
Phone: 202 622-3960

RIN: 1545-AT46
_______________________________________________________________________




3033. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Janet A. Laufer
Phone: 202 622-6090
Fax: 202 622-4084

RIN: 1545-AT82
_______________________________________________________________________




3034. PROPOSED REGULATION UNDER SECTIONS 882 AND 884

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/08/96                     61 FR 9377


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Garrett D. Gregory
Phone: 202 622-3870

RIN: 1545-AT96
_______________________________________________________________________




3035. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: M. Grace Fleeman
Phone: 202 622-3880

Linda S.F. Marshall
Phone: 202 622-6090

James A. Quinn
Phone: 202 622-3060

RIN: 1545-AU29
_______________________________________________________________________




3036. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mark S. Smith
Phone: 202 622-3970

RIN: 1545-AU49
_______________________________________________________________________




3037. SOURCE RULES FOR PAYMENTS MADE PURSUANT TO CERTAIN SWAP 
ARRANGEMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Milton M. Cahn
Phone: 202 622-3870

RIN: 1545-AU89
_______________________________________________________________________




3038. APPLICATION OF ATTRIBUTION RULES TO FOREIGN TRUSTS

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

Federalism:  Undetermined

Agency Contact: W. Edward Williams
Phone: 202 622-3880

RIN: 1545-AU91
_______________________________________________________________________




3039. 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
ANPRM Comment Period End        12/31/96
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: Courtney Shepardson
Phone: 202 622-3930

RIN: 1545-AU94
_______________________________________________________________________




3040. AGREEMENTS FOR PAYMENT OF TAX LIABILITIES IN INSTALLMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/31/97                    62 FR 68241
Second NPRM                     12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Frederick W. Schindler
Phone: 202 622-3620

RIN: 1545-AU97
_______________________________________________________________________




3041. 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

[[Page 62163]]

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
_______________________________________________________________________




3042. 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AV27
_______________________________________________________________________




3043. 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

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: Cathy A. Vohs
Phone: 202 622-6090

RIN: 1545-AV82
_______________________________________________________________________




3044. FOREIGN TAX CREDIT ANTI-ABUSE REGULATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bethany Ingwalson
Phone: 202 622-3850

RIN: 1545-AV97
_______________________________________________________________________




3045. 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
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David A. Juster
Phone: 202 622-3850

RIN: 1545-AW09
_______________________________________________________________________




3046. STOCKS AND SECURITIES SAFE HARBOR EXCEPTION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Milton M. Cahn
Phone: 202 622-3870

RIN: 1545-AW13
_______________________________________________________________________




3047. SECTION 988--CONTINGENT DEBT INSTRUMENT

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: Milton M. Cahn
Phone: 202 622-3870

RIN: 1545-AW33
_______________________________________________________________________




3048. 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
_______________________________________________________________________




3049. SOURCE OF INCOME FROM CERTAIN SPACE AND OCEAN ACTIVITIES AND FOR 
COMMUNICATIONS INCOME

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/17/01                     66 FR 3903
Hearing                         05/23/01                    66 FR 12916


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Edward R. Barret
Phone: 202 874-1490

RIN: 1545-AW50

[[Page 62164]]

_______________________________________________________________________




3050. 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 37727
Final Action                    12/00/02

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
_______________________________________________________________________




3051. 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                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Patricia A. Bray
Phone: 202 622-3880

RIN: 1545-AX02
_______________________________________________________________________




3052. 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 M. Weber
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AX22
_______________________________________________________________________




3053. CHANGES IN ENTITY CLASSIFICATION: SPECIAL RULE FOR CERTAIN FOREIGN 
ELIGIBLE ENTITIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Aaron A. Farmer
Phone: 202 622-3860

RIN: 1545-AX39
_______________________________________________________________________




3054. DEFINITION OF PRIVATE ACTIVITY BOND--REFUNDING 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-AX55
_______________________________________________________________________




3055. STOCK TRANSFER RULES: CARRYOVER OF EARNINGS AND TAXES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/15/00                    65 FR 69138
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bethany Ingwalson
Phone: 202 622-3850

RIN: 1545-AX65
_______________________________________________________________________




3056. EQUITY OPTIONS WITH FLEXIBLE TERMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/18/01                     66 FR 4751


Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Pamela Lew
Phone: 202 622-3950
Fax: 202 622-5699

RIN: 1545-AX66
_______________________________________________________________________




3057. ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE AND CERTAIN OTHER 
EXPENSES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David F. Bergkuist
Phone: 202 622-3850

RIN: 1545-AX72
_______________________________________________________________________




3058. CLARIFICATION OF ENTITY CLASSIFICATION RULES REGARDING ENTITIES 
CLASSIFIED AS CORPORATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/12/01                     66 FR 2854
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

[[Page 62165]]

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AX75
_______________________________________________________________________




3059. DEFINITION OF PASSIVE FOREIGN INVESTMENT COMPANY UNDER SECTION 
1297

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: Margaret A. Fung
Phone: 202 622-3840

RIN: 1545-AX78
_______________________________________________________________________




3060. PROCUREMENT/PURCHASING CARD REPORTING

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Agency Contact: Donna J. Welch
Phone: 202 622-4910
Fax: 202 927-9248

RIN: 1545-AX86
_______________________________________________________________________




3061. APPLICATION OF SEPARATE FOREIGN TAX CREDIT LIMITATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/03/01                      66 FR 319
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bethany Ingwalson
Phone: 202 622-3850

RIN: 1545-AX88
_______________________________________________________________________




3062. CLARIFICATION OF FOREIGN-BASED COMPANY SALES INCOME RULES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

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

RIN: 1545-AX91
_______________________________________________________________________




3063. CAPITALIZATION OF INTEREST AND CARRYING CHARGES PROPERLY ALLOCABLE 
TO STRADDLES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/18/01                     66 FR 4746


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mary Truchly
Phone: 202 622-3960

RIN: 1545-AX92
_______________________________________________________________________




3064. HEDGING TRANSACTIONS UNDER SECTION 1221(A)(7) AND SECTION 446

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/18/01                     66 FR 4738


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Elizabeth Handler
Phone: 202 622-3940

RIN: 1545-AY02
_______________________________________________________________________




3065. GUIDANCE UNDER SECTION 894

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Agency Contact: Karen Rennie Quarrie
Phone: 202 622-3880

RIN: 1545-AY03
_______________________________________________________________________




3066. INVESTMENT TYPE PROPERTY (PREPAYMENT)

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

Small Entities Affected: No

Government Levels Affected: State, Local

Agency Contact: Johanna L. Som de Cerff
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AY12
_______________________________________________________________________




3067. GUIDANCE UNDER SECTION 894 (TEMPORARY)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/27/01                    66 FR 12445
Hearing                         06/26/01


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Agency Contact: Karen Rennie Quarrie
Phone: 202 622-3880

RIN: 1545-AY13

[[Page 62166]]

_______________________________________________________________________




3068. ACTIVE CONDUCT OF AN INSURANCE BUSINESS UNDER PFIC RULES

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

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Agency Contact: Mark R. Pollard
Phone: 202 622-3860

RIN: 1545-AY20
_______________________________________________________________________




3069. DISALLOWANCE OF DEDUCTIONS AND CREDITS FOR FAILURE TO FILE TIMELY 
RETURN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: Nina E. Chowhdry
Phone: 202 622-3880

RIN: 1545-AY26
_______________________________________________________________________




3070. SECTION 1503(D) REGULATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

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

RIN: 1545-AY27
_______________________________________________________________________




3071. WITHHOLDING TAX ON FOREIGN PARTNERS'; SHARE OF EFFECTIVELY 
CONNECTED INCOME

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: Eliana D. Dolgoff
Phone: 202 622-3860

RIN: 1545-AY28
_______________________________________________________________________




3072. TAXABLE YEARS OF CFCS AND FPHCS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

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

RIN: 1545-AY30
_______________________________________________________________________




3073. ALLOCATION OF INCOME AND DEDUCTIONS FROM INTANGIBLES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: John M. Breen
Phone: 202 874-1490

RIN: 1545-AY38
_______________________________________________________________________




3074. SECTION 367(D) REGULATIONS

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

Federalism:  Undetermined

Agency Contact: Eliana D. Dolgoff
Phone: 202 622-3860

RIN: 1545-AY41
_______________________________________________________________________




3075. SPECIAL RULES FOR S CORPORATIONS UNDER SECTION 301.7701(B)-7

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 601

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: David A. Juster
Phone: 202 622-3850

RIN: 1545-AY44
_______________________________________________________________________




3076. GUIDANCE UNDER SUBPART F RELATING TO PARTNERSHIPS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/20/00                    65 FR 56836
Final Action                    10/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Governmental Jurisdictions

Government Levels Affected: None

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

RIN: 1545-AY45
_______________________________________________________________________




3077. ELECTRONIC FURNISHING OF PAYEE STATEMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 31

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/14/01                    66 FR 10247
NPRM Comment Period End         07/06/01                    66 FR 32279
Public Hearing                  07/25/01                    66 FR 32279


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

[[Page 62167]]

Agency Contact: Laura C. Nash
Phone: 202 622-3050

RIN: 1545-AY50
_______________________________________________________________________




3078. PREVIOUSLY TAXED EARNINGS AND PROFITS UNDER SUBPART F

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

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: Kelley M. Kogan
Phone: 202 622-3840

RIN: 1545-AY54
_______________________________________________________________________




3079. GUIDANCE UNDER SECTION 1275(A)(1)(B)(II)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/12/01                     66 FR 2852
Cancelled Public Hearing        05/23/01                    66 FR 28407
Public Hearing                  05/30/01                     66 FR 2852


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Patrick E. White
Phone: 202 622-3920

RIN: 1545-AY60
_______________________________________________________________________




3080. GUIDANCE ON REPORTING OF DEPOSIT INTEREST PAID TO NONRESIDENT 
ALIENS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/17/01                     66 FR 3925
Hearing                         06/21/01                     66 FR 3925
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AY62
_______________________________________________________________________




3081. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 54

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/17/01                     66 FR 3928


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Cathy A. Vohs
Phone: 202 622-6090

RIN: 1545-AY69
_______________________________________________________________________




3082. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 54

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/17/01                     66 FR 3928


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Cathy A. Vohs
Phone: 202 622-6090

RIN: 1545-AY70
_______________________________________________________________________




3083. OBLIGATION OF STATES AND POLITICAL SUBDIVISIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/18/01                     66 FR 4754


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Governmental Jurisdictions

Government Levels Affected: State, Local

Agency Contact: Rose M. Weber
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AY71
_______________________________________________________________________




3084. DISCLOSURE OF RETURNS AND RETURN INFORMATION BY OTHER AGENCIES 
(TEMPORARY)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulation            08/31/01


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Agency Contact: Julie C. Schwartz
Phone: 202 622-4570

RIN: 1545-AY78
_______________________________________________________________________




3085.  CHARITABLE LEAD INTEREST

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 2055; 26 USC 2522; 26 USC 170

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations conform the sections 170, 2055, 
and 2522 regulations to the decision in Estate of Boeshore v. 
Commissioner, T.C. 523 (1982) acq. in result, 1987-2 C.B. 1. The 
opinion found that section 20.2055-2(c)(2)(vi)(e) was invalid to the 
extent that it held that an estate tax charitable deduction was 
precluded because a private unitrust interest was payable from the 
trust before the commencement of the charitable unitrust interest.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-115781-01
Drafting attorney: Susan B. Hurwitz (202) 622-3090
Reviewing attorney: George Masnik (202) 622-3090

[[Page 62168]]

CC:P&SI

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

RIN: 1545-AY86
_______________________________________________________________________




3086.  NET GIFT TREATMENT--SECTION 2519

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 25

Legal Deadline: None

Abstract: This regulation section is intended to cover the effect of 
gift tax recovered by the donor, pursuant to the right of recovery 
under section 2207A, on the amount of the gift under section 2519 
(i.e., whether the transfer is a ``net gift''). The section was 
reserved when the regulations under section 2519 were finalized, 
because of uncertainty regarding whether section 2207A shifts the 
liability for the gift tax to the beneficiaries of the transfer. After 
considering the issue in conjunction with several TAMS and PLRS, we 
have adopted a position that section 2207A does not shift the liability 
for the gift tax imposed on a section 2519 transfer.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-123345-01
Drafting attorney: DeAnn K. Malone (202) 622-7830
Reviewing attorney: Melissa Liquerman (202) 622-7076
CC:P&SI

Agency Contact: DeAnn K. Malone, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7830

RIN: 1545-AY91
_______________________________________________________________________




3087.  SECTION 1441 PROPOSED REGULATION (PROMULGATES NOTICES 
2000-4 AND 2000-11)

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 1441

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will promulgate Notices 2001-4 and 2001-11 
into the section 1441 regulation. Generally, the Notices provide 
transitional relief with respect to the new withholding regime for 
qualified intermediaries.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-125443-01
Drafting attorney: Laurie M. Hatten-Boyd (202) 622-3840
Reviewing attorney: Valerie Mark (202) 622-3840
CC:INTL

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

RIN: 1545-AY92
_______________________________________________________________________




3088.  GUIDANCE UNDER IRC SECTION 4374

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 4374

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This project is intended to amend Treas Reg. section 46.4374-
1(a), which deals with an excise tax imposed on foreign insurers or 
reinsurers. The existing regulation was published in 1970 and provides 
that the ``tax shall be remitted by the person who makes the payment of 
the premium to a foreign insurer or reinsurer or to any nonresident 
agent, solicitor, or broker. For purposes of this paragraph, the person 
who makes payment means that resident person who actually transfers the 
money, check, or its equivalent to the foreign insurer or reinsurer 
(including transfers to any bank, trust fund, or similar recipient, 
designated by the foreign insurer or reinsurer), or to any nonresident 
agent, solicitor, or broker.'' In 1976, I.R.C. section 4374 was amended 
to impose liability on ``any person who makes, signs, issues, or sells 
any of the documents and instruments subject to the tax, or for whose 
use or benefit the same are made, signed, issued or sold.'' There have 
been cases recently where a foreign parent corporation, for example, 
has purchased from a foreign insurer policies covering risks, and for 
the benefit of, a U.S. subsidiary. The IRS often has no ability to 
collect the excise tax on such a policy from the foreign parent, and 
the U.S. subsidiary has relied on the existing regulation to argue that 
the IRS may not collect the tax from the subsidiary, because it did not 
actually pay the premium to the foreign insurer.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Undetermined

Additional Information: REG-125450-01
Drafting attorney: Amanda A. Ehrlich (202) 622-3880
Reviewing attorney: W. Edward Williams (202) 622-3880
Treasury attorney: Michael Caballero (202) 622-0851
CC:INTL

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

RIN: 1545-AY93
_______________________________________________________________________




3089.  DEFINITION OF AGENT FOR PURPOSES OF I.R.C. SECTIONS 
6103(1) AND (M) AND SAFEGUARD CERTIFICATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 U.S.C 6103

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This proposed rule relates to the definition of agent for 
purposes of

[[Page 62169]]

I.R.C. sections 6103(1) and (m) and safeguard certifications.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Federal, Local

Additional Information: REG-120135-01
Drafting attorney: Helene R. Newsome (202) 622-4580
Reviewing attorney: David L. Fish (202) 622-4580
CC:P&A:D&PL

Agency Contact: Helene R. Newsome, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4580

RIN: 1545-AY94
_______________________________________________________________________




3090.  TERMINATION OF QSUB ELECTION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1361; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides revised examples under section 
1.362-5(c)(3)relating to corporations terminating QSub elections.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-126859-01
Drafting attorney: Pietro Emile Canestrelli (202) 622-3484
Reviewing attorney: Jeanne Sullivan (202) 622-3070
CC:P&SI

Agency Contact: Pietro Emile Canestrelli, Attorney-Advisor, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3484

RIN: 1545-AY95
_______________________________________________________________________




3091.  TITLE--ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 864

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This rule provides guidance with respect to methods of 
apportioning interest expense under section 864(e).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-129447-01
Drafting attorney: Melissa D. Arndt (202) 622-3850
Reviewing attorney: Anne Devereaux (202) 622-3850
Treasury attorney: Patricia Brown (202) 622-1781
CC:INTL

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

RIN: 1545-BA02
_______________________________________________________________________




3092.  CONSOLIDATED RETURNS; INVESTMENT ADJUSTMENTS INVOLVING 
PREFERRED STOCK

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Amendments to section 1.1502-32(c) of the consolidated return 
regulations dealing with the allocation of stock basis adjustments 
between common and preferred stock.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-141652-01
Drafting attorney: Thomas I. Russell (202) 622-7930
Reviewing attorney: Steve Hankin (202) 622-7930
CC:CORP

Agency Contact: Thomas I. Russell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7930

RIN: 1545-BA15
_______________________________________________________________________




3093.  PROPOSED REGULATION FOR PROCUREMENT/PURCHASING CARD 
REPORTING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6041; 26 USC 3406; 26 USC 6724

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide guidance on the rules relating 
to information reporting, backup withholding, and penalties for 
transactions with payments made with a procurement/purchasing card.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

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-116641-01
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: 202 927-9248

RIN: 1545-BA17
_______________________________________________________________________




3094.  COUNTING 2100 NOTICES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 3406

[[Page 62170]]

CFR Citation: 26 CFR 31

Legal Deadline: None

Abstract: The regulations will amend the rule for determining the 
number of notices a payer received from the Internal Revenue Service 
for purposes of determining whether a payer must impose back up 
withholding pursuant to section 31.3406(d).

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116644-01
Drafting attorney: Nancy L. Rose (202) 622-4910
CC:P&A:APJP

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

RIN: 1545-BA18
_______________________________________________________________________




3095.  CERTAIN PROPERTY TRANSFER TO REGULATED INVESTMENT 
COMPANIES (RICS) AND REAL ESTATE INVESTMENT TRUSTS (REITS)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 337; 26 USC 7805

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: These regulations implement provisions of the Tax Reform Act 
of 1986 relating to Certain Property Transfers to Regulated Investment 
Companies (RICs) and Real Estate Investment Trusts (REITs).

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-142299-01
Drafting attorney: Lisa A. Fuller (202) 622-7750
Reviewing attorney: Mark S. Jennings (202) 622-7750
Treasury attorney: Audrey Nacamuli (202) 622-5721
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-BA21
_______________________________________________________________________




3096.  JUDICIAL APPROVAL OF PRINCIPAL RESIDENCE SEIZURES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6334

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The purpose of this regulation is to describe the judicial 
procedures for approval of a principal residence seizure, pursuant to 
I.R.C. sections 6334(a)(13(B)(i) and 6334(e)(1).

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-140378-01
Drafting attorney: Robin M. Ferguson (202) 622-3610
Reviewing attorney: Alan Levine (202) 622-3610
CC:P&A:CB&S

Agency Contact: Robin M. Ferguson, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3610

RIN: 1545-BA22
_______________________________________________________________________




3097.  DEALINGS BETWEEN TAXPAYERS AND THEIR QBLIS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-130865-01
Drafting attorney: Garrett D. Gregory (202) 622-3870
Reviewing attorney: Paul S. Epstein (202) 622-3870
CC:INTL

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

RIN: 1545-BA28
_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Internal Revenue Service (IRS)



_______________________________________________________________________




3098. FOREIGN GRANTOR TRUSTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8955                            07/20/01                    66 FR 37886

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Willard W. Yates
Phone: 202 622-3880
Fax: 202 622-4476

RIN: 1545-AO75
_______________________________________________________________________




3099. PASSIVE FOREIGN INVESTMENT COMPANIES--SPECIAL RULES FOR FOREIGN 
BANKS AND SECURITIES DEALERS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

[[Page 62171]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withrawn                        09/13/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Margaret A. Fung
Phone: 202 622-3840

RIN: 1545-AS46
_______________________________________________________________________




3100. CIVIL CAUSE OF ACTION FOR CERTAIN UNLAWFUL COLLECTION ACTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/31/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kevin B. Connelly
Phone: 202 622-3630

RIN: 1545-AU68
_______________________________________________________________________




3101. WITHDRAWAL OF NOTICE OF FEDERAL TAX LIEN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8951                            06/22/01                    66 FR 33464

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kevin B. Connelly
Phone: 202 622-3630

RIN: 1545-AV00
_______________________________________________________________________




3102. EIC ELIGIBILITY

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8953                            06/25/01                    66 FR 33636

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karin Loverud
Phone: 202 622-6060

RIN: 1545-AV61
_______________________________________________________________________




3103. QUALIFIED ZONE ACADEMY BONDS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8903                            09/26/00                    65 FR 57732

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Local

Agency Contact: Timothy L. Jones
Phone: 202 622-3980

RIN: 1545-AV75
_______________________________________________________________________




3104. SPECIAL RULES REGARDING THE SIMPLIFIED PRODUCTION AND RESALE 
METHODS WITH HISTORIC ABSORPTION RATIO ELECTION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       07/03/01                    66 FR 35112

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cheryl L. Oseekey
Phone: 202 622-4970

RIN: 1545-AW54
_______________________________________________________________________




3105. QUALIFIED ZONE ACADEMY BONDS CREDIT RATE

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8903                            09/26/00                    65 FR 57732

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Allan B. Seller
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AX03
_______________________________________________________________________




3106. DEPOSIT OF EXCISE TAXES--REVISION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 40

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8963                            08/09/01                    66 FR 41775

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Susan Athy
Phone: 202 622-3130

RIN: 1545-AX11
_______________________________________________________________________




3107. GROUPING RULES FOR FOREIGN SALES CORPORATION TRANSFER PRICING

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8944                            03/06/01                    66 FR 13427

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Christopher Bello
Phone: 202 874-1490

RIN: 1545-AX41
_______________________________________________________________________




3108. NOTIONAL PRINCIPAL CONTRACTS AND OTHER FINANCIAL PRODUCTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Closed without publication      08/31/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Elizabeth Handler
Phone: 202 622-3940

RIN: 1545-AX45

[[Page 62172]]

_______________________________________________________________________




3109. 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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8958                            07/31/01                    66 FR 39437

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Jennifer S. McGinty
Phone: 202 622-4580

RIN: 1545-AX69
_______________________________________________________________________




3110. AUTOMATIC EXTENSION FOR FORM 706

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 20

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8957                            07/25/01                    66 FR 38544

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mary Berman
Phone: 202 622-3090

RIN: 1545-AX98
_______________________________________________________________________




3111. REGULATIONS GOVERNING PRACTICE BEFORE THE INTERNAL REVENUE SERVICE

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 10

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Public Hearing                  05/02/01                     66 FR 3277
Withdrawn                       08/31/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Brinton T. Warren
Phone: 202 622-4940

RIN: 1545-AY07
_______________________________________________________________________




3112. CLASSIFICATION OF CERTAIN EMPLOYEE BENEFIT TRUSTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8962                            08/09/01                    66 FR 41778

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1545-AY09
_______________________________________________________________________




3113. GUIDANCE UNDER SECTION 6302 REGARDING THE FEDERAL TAX DEPOSIT 
SYSTEM

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8952                            06/26/01                    66 FR 33830

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Brinton T. Warren
Phone: 202 622-4940

RIN: 1545-AY10
_______________________________________________________________________




3114. BROKER'S COMMISSIONS AND SIMILAR FEES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       09/17/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Agency Contact: Rose M. Weber
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AY15
_______________________________________________________________________




3115. INTEREST FREE ADJUSTMENTS UNDER SECTION 6205

Priority: Info./Admin./Other

CFR Citation: 26 CFR 31

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8959                            08/01/01                    66 FR 39638

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Lynne A. Camillo
Phone: 202 622-6040

RIN: 1545-AY21
_______________________________________________________________________




3116. RECOGNITION OF GAIN ON CERTAIN TRANSFERS TO FOREIGN TRUSTS AND 
ESTATES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8956                            07/20/01                    66 FR 37897

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karen Rennie Quarrie
Phone: 202 622-3880

RIN: 1545-AY25
_______________________________________________________________________




3117. NONDISCRIMINATION REQUIREMENTS FOR CERTAIN DEFINED CONTRIBUTION 
RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8954                            06/29/01                    66 FR 34535

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Linda S.F. Marshall
Phone: 202 622-6090

RIN: 1545-AY36
_______________________________________________________________________




3118. REGULATIONS IMPLEMENTING SECTION 420(C)(3)(E)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

[[Page 62173]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8948                            06/19/01                    66 FR 32897

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Vernon Carter
Phone: 202 622-6070

Janet A. Laufer
Phone: 202 622-6090
Fax: 202 622-4084

RIN: 1545-AY43
_______________________________________________________________________




3119. 6302 DE MINIMIS THRESHOLD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 31

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8946                            05/23/01                    66 FR 28370

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Brinton T. Warren
Phone: 202 622-4940

RIN: 1545-AY47
_______________________________________________________________________




3120. TIME FOR FILING FORM 1139 BY A CONSOLIDATED GROUP

Priority: Info./Admin./Other

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8950                            06/22/01                    66 FR 33462

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Christopher M. Bass
Phone: 202 622-7770

Frances Kelly
Phone: 202 622-7770

RIN: 1545-AY58
_______________________________________________________________________




3121. WITHDRAWAL OF SECTION 301.6656-1 AND SECTION 301.6656-2

Priority: Info./Admin./Other

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8947                            06/15/01                    66 FR 32541

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robin M. Tuczak
Phone: 202 622-4940

RIN: 1545-AY79
_______________________________________________________________________




3122.  SPECIAL AGGREGATE STOCK OWNERSHIP RULES UNDER 1.1502-34

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1502; 26 USC 732

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations incorporate a technical correction that in 
substance, provides that the stock aggregation rules under section 
1.1502-34 apply for purposes of section 732(f) of the Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8949                            06/19/01                    66 FR 32901

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-109828-01
Drafting attorneys: Frances Kelly (202) 622-7770
 David Kessler (202) 622-7770
Reviewing attorney: Edward S. Cohen (202) 622-7770
CC:CORP

Agency Contact: Frances Kelly, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7770

David H. Kessler, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-7770

RIN: 1545-AY80
_______________________________________________________________________




3123.  TAXABLE FUEL MEASUREMENT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 48

Legal Deadline: None

Abstract: Regulation will provide rules for measuring taxable fuel.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8945                            05/18/01                    66 FR 27597

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-115344-01
Drafting attorney: Frank Boland (202) 622-3130
Reviewing attorney: Richard Kocak (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-AY85
_______________________________________________________________________




3124.  SECTION 355(E) TEMPORARY GUIDANCE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 355

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Temporary 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

________________________________________________________________________

Final Action Completed by TD 
8960                            08/03/01                    66 FR 40590

[[Page 62174]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107566-00
Drafting attorney: Megan R. Fitzsimmons (202) 622-7790
Reviewing attorney: Stephen Fattman (202) 622-7530
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

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

RIN: 1545-BA01
_______________________________________________________________________




3125.  MODIFICATION OF TAX SHELTER RULES II

Priority: Substantive, Nonsignificant

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

CFR Citation: 26 CFR 301; 26 CFR 602

Legal Deadline: None

Abstract: Guidance on the registration of corporate tax shelters under 
6111(d), the filing by certain corporate tax shelters of a statement 
with their Federal corporate income tax returns under section 6011(a), 
and the maintenance of lists of investors in potentially abusive tax 
shelters under section 6112.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8961                            08/07/01                    66 FR 41133

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103735-00; REG-103736-00 & REG-110311-98
Drafting attorney: Danielle M. Grimm (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3080
Treasury attorney: Eric Solomon (202) 622-0868
CC:P&SI

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

RIN: 1545-BA04
BILLING CODE 4830-01-S
_______________________________________________________________________


Department of the Treasury (TREAS)                        Prerule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3126.  COMMUNITY REINVESTMENT ACT

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 2901 et seq.

CFR Citation: 12 CFR 563e

Legal Deadline: None

Abstract: The OCC, Board, FDIC, and OTS have begun a review of the 
agencies'; Community Reinvestment Act regulations. The agencies issued 
a joint ANPR seeking public comment on a wide range of questions as 
part of the review.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Joint ANPR                      07/19/01                    66 FR 37602
Joint ANPR Comment Period End   10/17/01

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

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

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

Celeste Anderson, Program Analyst, Compliance Policy, Department of the 
Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, 
DC 20552
Phone: 202 906-7990

RIN: 1550-AB48
_______________________________________________________________________


Department of the Treasury (TREAS)                  Proposed Rule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3127. CAPITAL RULES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a; 12 USC 1835; 12 USC 1848; 12 USC 4808

CFR Citation: 12 CFR 567

Legal Deadline: None

Abstract: 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 standards 
concerning the treatment of certain residual interests in asset 
securitizations and other transfers of financial assets. These rules 
will be combined at the final rule stage.

[[Page 62175]]

In addition, the agencies issued an advance notice of proposed 
rulemaking developing a simplified capital adequacy framework for 
small, non-complex institutions. Based on this ANPR, the agencies plan 
to issue a proposed rule modifying the capital adequacy framework for 
domestic institutions that are not subject to the Basel Accord. Also, 
the agencies may issue an ANPR or proposed rule addressing the 
treatment of assets under management in asset securitizations. Finally, 
the agencies intend to finalize the proposed rule on risk-based capital 
standards for claims on securities firms.

Timetable:
________________________________________________________________________

Claims on Securities Firms  NPRM 12/06/00 (65 FR 76180)  NPRM Comment 
Period End 01/22/01  Final Rule 11/00/01

Managed Assets  ANPR or NPRM 01/00/02

Modified Domestic Capital Framework (Simplified Capital Adequacy 
Framework for Small, Non-Complex Institutions)  ANPRM 11/03/00 (65 FR 
66193)  ANPRM Comment Period End 02/01/01  NPRM 03/00/02

Recourse Arrangements and Direct Credit Substitutes/Residuals in 
Securitizations  Recourse ANPRM 05/25/94 (59 FR 27116)  Recourse NPRM 
05/25/94 (59 FR 27116)  Recourse NPRM 11/05/97 (62 FR 59944)  Recourse 
NPRM Correction 11/20/97 (62 FR 62234)  Recourse NPRM 03/08/00 (65 FR 
12320)  Recourse NPRM Comment Period End 06/07/00  Residuals NPRM 09/
27/00 (65 FR 57993)  Residuals NPRM Comment Period End 12/26/
00  Recourse/Residuals Final Rule 11/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

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

David Riley, Project Manager for Capital Policy, Supervision Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552
Phone: 202 906-6669

RIN: 1550-AB11
_______________________________________________________________________




3128. DIRECTORS AND OFFICERS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464

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                            12/00/01

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

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

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
_______________________________________________________________________




3129. DUE-ON-SALE AND USURY PREEMPTION

Priority: Substantive, Nonsignificant

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                            03/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

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

Agency Contact: William J. Magrini, Senior Project Manager, Supervision 
Policy, Department of the Treasury, Office of Thrift Supervision, 1700 
G Street NW., Washington, DC 20552
Phone: 202 906-5744

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
_______________________________________________________________________




3130. FAIR CREDIT REPORTING

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464; 12 USC 1467a; 
12 USC 1828; ...

CFR Citation: 12 CFR 571

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 
specified that institutions must provide notice and an opportunity to 
opt-out to consumers before sharing ``other information'' with their 
affiliates.
The agencies have analyzed the comments received and are now in the 
process of developing a revised notice of proposed rulemaking.

[[Page 62176]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/20/00                    65 FR 63120
NPRM Comment Period End         12/04/00
NPRM Update                     03/27/01                    66 FR 16624
Second NPRM                     04/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cindy Baltierra, Program Analyst, Compliance Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552
Phone: 202 906-6540

Paul Robin, Assistant Chief Counsel, Regulations and Legislation 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street NW., Washington, DC 20552
Phone: 202 906-6648

RIN: 1550-AB33
_______________________________________________________________________




3131. LENDING AND INVESTMENT

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 revising its lending regulations to give federal 
savings associations greater flexibility in making community-related 
investments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           04/05/00                    65 FR 17811
ANPRM Comment Period End        07/05/00
NPRM                            11/01/01                    66 FR 55131
NPRM Comment Period End         12/03/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

Additional Information: RIN 1550-AB40, Lending and Investment--
Miscellaneous Changes was merged with this RIN.

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

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, Director, Examination Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-7857

RIN: 1550-AB37
_______________________________________________________________________




3132.  FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS; RECORDKEEPING 
AND CONFIRMATION REQUIREMENTS FOR SECURITIES TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1464

CFR Citation: 12 CFR 550; 12 CFR 551

Legal Deadline: None

Abstract: OTS plans to issue a proposed rule amending 12 CFR 550, 
subpart E, to reflect current supervisory policy; amending part 550 to 
codify recent OTS interpretive letters; and adopting new recordkeeping 
and confirmation requirements for securities transactions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: 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

Judi McCormick, Trust Specialist, Supervision Policy, Department of the 
Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, 
DC 20552
Phone: 202 906-5636

RIN: 1550-AB49
_______________________________________________________________________




3133.  AUTHORITY FOR NONGRANDFATHERED SAVINGS AND LOAN HOLDING 
COMPANIES

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 proposed rule stating that the financial 
activities authorized for financial holding companies by the Gramm-
Leach-Bliley Act are authorized for nongrandfathered savings and loan 
holding companies. The rule would describe how the conditions applied 
to these activities by the Federal Reserve Board apply to such savings 
and loan holding companies, and outlines the process OTS will use to 
review activities complementary to financial activities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/08/01                    66 FR 56488
NPRM Comment Period End         12/10/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: 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

Donna Deale, Manager, Supervision Policy, Department of the Treasury, 
Office of Thrift Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-7488

Kevin A. Corcoran, Assistant Chief Counsel, Business Transactions, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552
Phone: 202 906-6962

RIN: 1550-AB52

[[Page 62177]]

_______________________________________________________________________


Department of the Treasury (TREAS)                     Final Rule Stage


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3134. MUTUAL SAVINGS ASSOCIATIONS, MUTUAL HOLDING COMPANY 
REORGANIZATIONS, AND CONVERSIONS

Priority: Substantive, Nonsignificant

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; 12 CFR 575

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.
OTS will publish a final rule combining these two rulemakings.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/12/00                    65 FR 43092
Interim Final Rule              07/12/00                    65 FR 43088
NPRM Comment Period End         11/09/00                    65 FR 60123
Interim Final Rule Comment 
Period End                      11/09/00                    65 FR 60095
Final Rule                      01/00/02

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

RIN: 1550-AB24
_______________________________________________________________________




3135. CAPITAL: QUALIFYING MORTGAGE LOAN, INTEREST RATE RISK COMPONENT, 
AND 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 567

Legal Deadline: None

Abstract: OTS issued a proposed rule making miscellaneous changes to 
its capital regulations. The changes would eliminate unnecessary 
capital burdens and align OTS capital regulations more closely to those 
of the other banking agencies.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/15/01                    66 FR 15049
NPRM Comment Period End         05/14/01
Final Rule                      11/00/01

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

David Riley, Project Manager for Capital Policy, Supervision Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552
Phone: 202 906-6669

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-AB45
_______________________________________________________________________


Department of the Treasury (TREAS)                    Long-Term Actions


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3136.  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 affecting 
residential mortgage lending, including the rules implementing the 
Alternative Mortgage Transaction Parity Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State

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

Agency Contact: 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

Paul Robin, Assistant Chief Counsel, Regulations and Legislation 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street NW., Washington, DC 20552
Phone: 202 906-6648

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

RIN: 1550-AB51

[[Page 62178]]

_______________________________________________________________________


Department of the Treasury (TREAS)                    Completed Actions


Office of Thrift Supervision (OTS)



_______________________________________________________________________




3137. TYPES OF OFFICES

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 545

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/01/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Richard Bennett
Phone: 202 906-7409

Deborah S. Merkle
Phone: 202 906-5688

RIN: 1550-AB18
_______________________________________________________________________




3138. NONDEPOSIT INVESTMENT PRODUCTS

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 545; 12 CFR 563

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/01/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jeff Lischer
Phone: 202 906-7037

RIN: 1550-AB22
_______________________________________________________________________




3139. HOLDING COMPANY ACTIVITIES

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 584

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       08/30/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karen Osterloh
Phone: 202 906-6639

Donna Deale
Phone: 202 906-7488

Kevin A. Corcoran
Phone: 202 906-6962

RIN: 1550-AB29
_______________________________________________________________________




3140. REMOVAL OF LIQUIDITY REQUIREMENT

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 506; 12 CFR 560; 12 CFR 563; 12 CFR 566; 12 CFR 
584

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              03/15/01                    66 FR 15015
Interim Final Rule Comment 
Period End                      05/14/01
Final Rule                      07/18/01                    66 FR 37406
Final Rule Effective            07/18/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Sally Watts
Phone: 202 906-7380

Josephine Battle
Phone: 202 906-6870

RIN: 1550-AB42
_______________________________________________________________________




3141.  CONVERSION FROM STOCK FORM DEPOSITORY INSTITUTION TO 
FEDERAL STOCK ASSOCIATION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462; 12 USC 1462a; 12 USC 1463; 12 USC 1464; 
12 USC 1467a

CFR Citation: 12 CFR 552

Legal Deadline: None

Abstract: OTS amended its regulation on conversion from stock form 
depository institutions to federal stock saving associations. It 
published a direct final rule that clarified that the resulting federal 
stock savings association in such transactions succeeds to all the 
rights, property, and obligations of the converting institution.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Direct Final Rule               05/08/01                    66 FR 23153
NRPM                            05/08/01                    66 FR 23198
NPRM Comment Period End         06/07/01
Direct Final Rule Comment Period 
End                             06/07/01
Direct Final Rule Effective     07/09/01
Confirmation of Direct Final 
Rule Effective                  07/18/01                    66 FR 37407

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

Kevin A. Corcoran, Assistant Chief Counsel, Business Transactions, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552
Phone: 202 906-6962

RIN: 1550-AB46
_______________________________________________________________________




3142.  ASSESSMENTS AND FEES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1462a; 12 USC 1463; 12 USC 1467; 12 USC 1467a

CFR Citation: 12 CFR 502

Legal Deadline: None

Abstract: OTS amended its assessments rule to more accurately reflect 
the increased costs of supervising 3-, 4-, and 5-rated institutions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/30/01                    66 FR 21288
NPRM Comment Period End         05/30/01
Final Rule                      06/21/01                    66 FR 33157
Final Rule Effective            07/23/01

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Karen Osterloh, Assistant Chief Counsel, Regulations 
and Legislation Division, Department of the Treasury, Office of Thrift 
Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-6639

William Brady, Director, Planning and Budget, Department of the 
Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, 
DC 20552
Phone: 202 906-7408

RIN: 1550-AB47
_______________________________________________________________________




3143.  STUDY OF BANKING REGULATIONS RE: THE ONLINE DELIVERY OF 
FINANCIAL SERVICES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4801 note

CFR Citation: 12 CFR 555

[[Page 62179]]

Legal Deadline: Other, Statutory, November 12, 2001, Report to 
Congress.

Abstract: OTS is studying its regulations on the online delivery of 
financial services. It will report its findings and conclusions to 
Congress, together with recommendations for appropriate action to adapt 
existing requirements to online banking and lending.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Study of Regulations; Request 
for Comment                     06/11/01                    66 FR 31186
Comment Period End              08/10/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mary Jo Johnson, Project Manager, Supervision Policy, 
Department of the Treasury, Office of Thrift Supervision, 1700 G Street 
NW., Washington, DC 20552
Phone: 202 906-5739

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

Paul Robin, Assistant Chief Counsel, Regulations and Legislation 
Division, Department of the Treasury, Office of Thrift Supervision, 
1700 G Street NW., Washington, DC 20552
Phone: 202 906-6648

RIN: 1550-AB50
BILLING CODE 6720-01-S
[FR Doc. 01-27115 Filed 11-30-01; 8:45 am]
