<DOC>
[December 9, 2002 (Volume 67, Number 236)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]

[Page 74991-75111]
 
Department of the Treasury


[[Page 74991]]

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Part XV









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Semiannual Regulatory Agenda

[[Page 74992]]

DEPARTMENT OF THE TREASURY (TREAS)

_______________________________________________________________________

DEPARTMENT OF THE TREASURY

31 CFR Subtitle A, Chs. I and II

Semiannual Agenda and Fiscal Year 2003 Regulatory Plan

AGENCY: Department of the Treasury.

ACTION: Semiannual regulatory agenda and fiscal year 2003 regulatory 
plan.

_______________________________________________________________________

SUMMARY: This notice is given pursuant to the requirements of the 
Regulatory Flexibility Act (Pub. L. 96-354, September 19, 1980) and 
Executive Order (E.O.) 12866 (``Regulatory Planning and Review,'' 
September 30, 1993), which require the publication by the Department of 
a semiannual agenda of regulations. E.O. 12866 also requires the 
publication by the Department of a regulatory plan for fiscal year 
2003.

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

SUPPLEMENTARY INFORMATION: The semiannual agenda and The Regulatory 
Plan of the Department of the Treasury conform 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 3, 2002.

 Richard S. Carro,

Senior Advisor to the General Counsel (Regulatory Affairs).

                                    Departmental Offices--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2459        17 CFR 403.4 Amendments to the Government Securities Act Regulations: Customer           1505-AA94
            Protection-Reserves and Custody of Securities.......................................
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2460        17 CFR 420 Amendments to the Large Position Rules...................................     1505-AA88
2461        48 CFR ch 10 Department of the Treasury Acquisition Regulation......................     1505-AA89
2462        31 CFR 5 Treasury Debt Collection...................................................     1505-AA90
2463        12 CFR 1806 Bank Enterprise Award (BEA) Program.....................................     1505-AA91
2464        12 CFR 1805 Community Development Financial Institutions (CDFI) Program.............     1505-AA92
2465        12 CFR 1805 Community Development Financial Institutions (CDFI) Program NPRM........     1505-AA93
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2466        31 CFR ch II Possible Regulation of Access to Accounts at Financial Institutions         1505-AA74
            Through Payment Service Providers...................................................
2467        Financial Activities of Financial Subsidiaries......................................     1505-AA80
2468        Financial Subsidiaries..............................................................     1505-AA81
2469        12 CFR 1501.2 Secretary's Determination of Real Estate Brokerage....................     1505-AA84
2470        12 CFR 1501.2 Secretary's Determination of Other Activities Financial in Nature.....     1505-AA85
2471        31 CFR 19 Common Rule Suspension and Debarment......................................     1505-AA86
----------------------------------------------------------------------------------------------------------------


                                     Departmental Offices--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2472        31 CFR 104 Counter Money Laundering Requirements--Correspondent Accounts; Foreign        1505-AA87
            Shell Banks.........................................................................
----------------------------------------------------------------------------------------------------------------


[[Page 74993]]


                            Financial Crimes Enforcement Network--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2473        31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Delegation of Authority to     1506-AA08
            Assess Civil Money Penalties on Depository Institutions.............................
2474        31 CFR 103.65 Amendments to the Bank Secrecy Act Regulations--Requirement that           1506-AA28
            Financial Institutions Establish Anti-Money Laundering Programs.....................
2475        31 CFR 103.20 Financial Crimes Enforcement Network; Amendment to the Bank Secrecy        1506-AA34
            Act Regulations--Requirement that Currency Exchangers Report Suspicious Transactions
2476        31 CFR 103.16 Financial Crimes Enforcement Network; Amendment to the Bank Secrecy        1506-AA36
            Act Regulations Requirement that Insurance Companies Report Suspicious Transactions.
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2477        31 CFR 103 Amendment to the Bank Secrecy Act Regulations Regarding Reporting of          1506-AA15
            Cross-Border Transportation of Certain Monetary Instruments.........................
2478        31 CFR 103 Amendment to the Bank Secrecy Act Regulations--Exemptions from the            1506-AA23
            Requirement to Report Transactions in Currency......................................
2479        31 CFR 103.30 Amendment to the Bank Secrecy Act Regulations--Requirement that            1506-AA25
            Nonfinancial Trades or Businesses Report Certain Currency Transactions..............
2480        31 CFR 103.175-103.178 Due Diligence Requirements for Correspondent Accounts and         1506-AA29
            Private Banking Accounts............................................................
2481        31 CFR 103.121 Customer Identification Programs for Banks, Savings Associations, and     1506-AA31
            Credit Unions.......................................................................
2482        31 CFR 103.122 Customer Identification Program for Broker-Dealers...................     1506-AA32
2483        31 CFR 103.131 Customer Identification Program for Mutual Funds.....................     1506-AA33
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2484        31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Special Reporting and         1506-AA19
            Recordkeeping Requirements--Money Services Businesses (MSBs)........................
----------------------------------------------------------------------------------------------------------------


                             Financial Crimes Enforcement Network--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2485        31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity           1506-AA21
            Reporting--Broker/Dealers...........................................................
2486        31 CFR 103 Amendments to the Bank Secrecy Act Regulations--Suspicious Activity           1506-AA22
            Reporting--Casinos..................................................................
2487        31 CFR 103.90 Financial Crimes Enforcement Network; Special Information Sharing          1506-AA27
            Procedures to Deter Money Laundering and Terrorist Activity.........................
2488        Notice of Withdrawal of Exemption...................................................     1506-AA30
2489        31 CFR 104 Counter Money Laundering Requirements--Correspondent Accounts; Foreign        1506-AA35
            Shell Banks.........................................................................
----------------------------------------------------------------------------------------------------------------


                                Financial Management Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2490        31 CFR 240 Indorsement and Payment of Checks Drawn on the United States Treasury....     1510-AA45
2491        31 CFR 245 Claims on Account of Treasury Checks.....................................     1510-AA51
2492        31 CFR 203 Payment of Federal Taxes and the Treasury Tax and Loan Program...........     1510-AA79
2493        31 CFR 206 Management of Federal Agency Receipts and Disbursements; Operation of the     1510-AA86
            Cash Management Improvement Fund....................................................

[[Page 74994]]


2494        31 CFR 215 Withholding of District of Columbia, State, City and County Income or         1510-AA90
            Employment Taxes by Federal Agencies................................................
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2495        31 CFR 281 Foreign Exchange Operations..............................................     1510-AA48
2496        31 CFR 256 Payments Under Judgment and Private Relief Acts..........................     1510-AA52
2497        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......................
2498        31 CFR 285.7 Salary Offset..........................................................     1510-AA70
2499        31 CFR 285.8 Offset of Tax Refund Payment To Collect State Income Tax Obligations...     1510-AA78
2500        31 CFR 210 2003 ACH Rules...........................................................     1510-AA89
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2501        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).......
2502        31 CFR 285.14 Public Dissemination of Identity of Delinquent Debtors................     1510-AA72
2503        31 CFR 223 Surety Bond Reimbursement Fund...........................................     1510-AA85
----------------------------------------------------------------------------------------------------------------


                                 Financial Management Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2504        31 CFR 205 Rules and Procedures for Efficient Federal-State Funds Transfers.........     1510-AA38
----------------------------------------------------------------------------------------------------------------


                          Bureau of Alcohol, Tobacco and Firearms--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2505        27 CFR 252 Exportation of Liquors...................................................     1512-AA98
2506        27 CFR 7 Revision of Brewery Regulations and Issuance of Regulations for Taverns on      1512-AB37
            Brewery Premises (Brewpubs) (Reg Plan Seq No. 112)..................................
2507        27 CFR 4 Prohibition of Alcohol Beverage Containers and Standard of Fill for             1512-AB89
            Distilled Spirits and Wine..........................................................
2508        27 CFR 4 Amended Standard of Identity for Sherry....................................     1512-AB96
2509        27 CFR 7 Flavored Malt Beverages....................................................     1512-AC11
2510        27 CFR 16 Alcohol Beverage Health Warning Statement.................................     1512-AC12
2511        27 CFR 24 Production of Dried Fruit and Honey Wines.................................     1512-AC48
2512        27 CFR 9 Petition to Establish the Santa Barbara Highlands Viticultural Area........     1512-AC53
2513        27 CFR 9 Proposed San Bernabe Viticultural Area.....................................     1512-AC60
2514        27 CFR 9 Petition to Establish the Trinity Lake Viticultural Area...................     1512-AC62
2515        27 CFR 4 Correction of Technical Error in 27 CFR Part 4.............................     1512-AC63
2516        27 CFR 9 Petition to Establish Red Hills American Viticultural Area.................     1512-AC66
2517        27 CFR 9 Petition to Establish ``Seneca Lake'' as an American Viticultural Area.....     1512-AC70
2518        27 CFR 9 Petition to Establish ``Bennett Valley'' as an American Viticultural Area..     1512-AC72
2519        27 CFR 9 Petition for the Establishment of ``Red Hill'' as an American Viticultural      1512-AC76
            Area................................................................................
2520        27 CFR 9 Petition to Change the Temecula Viticultural Area's Name to Temecula Valley     1512-AC77

[[Page 74995]]


2521        27 CFR 9 Petition to Establish ``Eola Hills'' as a New American Viticultural Area...     1512-AC78
2522        27 CFR 4 Proposed Addition of ``Moscato Greco'' as a Grape Variety Name for American     1512-AC79
            Wines...............................................................................
2523        27 CFR 9 Petition to Establish ``Columbia Gorge'' as a New American Viticultural         1512-AC81
            Area................................................................................
2524        27 CFR 9 Petition to Establish ``Alexandria Lakes'' as a New American Viticultural       1512-AC85
            Area................................................................................
2525        27 CFR 9 Petition to Establish ``Red Hills of Dundee'' as a New American                 1512-AC91
            Viticultural Area...................................................................
2526        27 CFR 9 Petition to Establish ``Santa Maria Bench'' as a New American Viticultural      1512-AC93
            Area................................................................................
2527        27 CFR 9 Petition to Establish ``Grand Lake O' the Cherokees'' as a New American         1512-AC97
            Viticultural Area...................................................................
2528        27 CFR 9 Petition to Establish ``Snake River Valley'' as a New Viticultural Area....     1512-AC98
2529        27 CFR 9 Petition to Expand the Livermore Valley Viticultural Area..................     1512-AC99
2530        27 CFR 9 San Francisco Bay and Central Coast Viticultural Areas--Boundary                1512-AD00
            Realignment/Expansion...............................................................
2531        27 CFR 9 Petition to Establish ``Upper Arroyo Grande'' as a New American                 1512-AD01
            Viticultural Area...................................................................
2532        27 CFR 9 Petition to Establish ``Chehalem Mountains'' as a New American Viticultural     1512-AD02
            Area................................................................................
2533        27 CFR 9 Petition to Establish ``Ribbon Ridge'' as a New American Viticultural Area.     1512-AD03
2534        27 CFR 9 Petition to Establish ``Yamhill-Carlton District'' as a New American            1512-AD04
            Viticultural Area...................................................................
2535        27 CFR 55 Commerce in Explosives (Including Explosives in the Fireworks Industry)        1512-AB48
            (Rulemaking Resulting From a Section 610 Review) (Reg Plan Seq No. 113).............
2536        27 CFR Part 55 Identification Markings Placed on Explosive Materials................     1512-AC25
2537        27 CFR 55 Commerce in Explosives--Explosive Pest Control Devices....................     1512-AC80
2538        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........................................
2539        27 CFR 178 Implementation of Public Law 105-277 Relating to Secure Gun Storage......     1512-AC67
2540        Electronic Signatures; Electronic Submission of ATF Forms (2000R-458P)..............     1512-AC84
2541        27 CFR 270 Determination of Tax and Recordkeeping on Large Cigars...................     1512-AC22
2542        27 CFR 44 Regulatory Changes From Customs Service Final Rule (2001R-140T)...........     1512-AC56
2543        27 CFR 40 Shipments of Tobacco Products or Cigarette Papers or Tubes Without Payment     1512-AC57
            of Tax..............................................................................
2544        27 CFR 45 Removal of Tobacco Products and Cigarette Papers and Tubes Without Payment     1512-AC75
            of Tax for Use of the United States.................................................
2545        27 CFR 40 Marks, Labels, Notices and Bonds for, and Removal of, Tobacco Products,        1512-AC90
            and Cigarette Papers and Tubes......................................................
2546        27 CFR 40 In-Transit Stops of Tobacco Products, and Cigarette Papers and Tubes, and      1512-AC95
            Related Records, Without Payment of Tax.............................................
----------------------------------------------------------------------------------------------------------------
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
----------------------------------------------------------------------------------------------------------------
2547        27 CFR 5 Labeling of Unaged Grape Brandy............................................     1512-AB46
2548        27 CFR 19.11 Distilled Spirits Plant Regulatory Initiative Proposal.................     1512-AB58
2549        27 CFR 24.278 Implementation of Wine Credit Provisions of Public Law 104-188........     1512-AB65
2550        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).................................................................
2551        27 CFR 4 Health Claims and Other Health Related Statements in the Labeling and           1512-AB97
            Advertising of Alcohol Beverages....................................................
2552        27 CFR 9 Petition to Propose ``Yadkin Valley'' as a New American Viticultural Area..     1512-AC82
2553        27 CFR 4 Organic Claims in Labeling and Advertising of Alcohol Beverages............     1512-AC87
2554        27 CFR 25 Brewery Forms.............................................................     1512-AC88
2555        27 CFR 9 Petition to Establish ``Oak Knoll District'' as a New American Viticultural     1512-AC89
            Area................................................................................
2556        27 CFR 178 Commerce in Firearms and Ammunition (Omnibus Consolidated Appropriations      1512-AB64
            Act of 1997)........................................................................
2557        27 CFR 178 Residency Requirement for Persons Acquiring Firearms.....................     1512-AB66
2558        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................................................
2559        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.................................................................
2560        27 CFR 178 Commerce in Firearms and Ammunition--Annual Inventory....................     1512-AC08
2561        27 CFR 7 Plain Language in Part 7...................................................     1512-AC10
2562        27 CFR 70 Delegation of Authority for Part 70.......................................     1512-AC74

[[Page 74996]]


2563        31 CFR 8 Eliminate Requirement to Enroll to Practice Before the Bureau..............     1512-AC96
2564        27 CFR 275 Tobacco Products and Cigarette Papers and Tubes Shipped from Puerto Rico      1512-AC24
            to the United States................................................................
2565        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
----------------------------------------------------------------------------------------------------------------
2566        27 CFR 7 Alcoholic Content Labeling for Malt Beverages..............................     1512-AB17
2567        Sake Regulations....................................................................     1512-AC09
2568        27 CFR 4.32(d) Removal of Requirement to Disclose Saccharin in the Labeling of Wine,     1512-AC17
            Distilled Spirits and Malt Beverages................................................
2569        27 CFR 31 Liquor Dealers; Recodification of Regulations.............................     1512-AC45
2570        27 CFR 31 Delegation of Authority in 27 CFR Part 31.................................     1512-AC49
2571        27 CFR 19, subpart W Proposed Revisions of 27 CFR Part 19...........................     1512-AC52
2572        27 CFR 4 Proposal to Recognize Synonyms for Petite Sirah and Zinfandel Grape             1512-AC65
            Varieties...........................................................................
2573        27 CFR 9 Petition to Establish ``Capay Valley'' as an American Viticultural Area....     1512-AC71
2574        27 CFR 17 Taxpaid Distilled Spirits Used in Manufacturing Products Unfit for             1512-AC73
            Beverage Use........................................................................
2575        27 CFR 19 Delegation of Authority in 27 CFR Part 19.................................     1512-AC06
2576        27 CFR 47 Commerce in Firearms and Ammunition; Recodification of Regulations (2002R-     1512-AC68
            013P)...............................................................................
2577        27 CFR 47 Machine Guns, Destructive Devices, and Certain Other Firearms;                 1512-AC69
            Recodification of Regulations.......................................................
2578        27 CFR 55 Delegation of Authority in 27 CFR Part 55--Commerce in Explosives.........     1512-AC94
2579        27 CFR 275 Implementation of Public Law 105-33, Section 9302, Requiring the              1512-AC07
            Qualification of Tobacco Product Importers and Miscellaneous Technical Amendments...
2580        27 CFR 275 Prohibited Marks on Packages of Tobacco Products and Cigarette Papers and     1512-AC14
            Tubes Imported or Brought into the United States....................................
2581        27 CFR 270 Elimination of Statistical Classes for Large Cigars......................     1512-AC33
2582        27 CFR 40 Delegation of Authority in 27 CFR Part 40.................................     1512-AC54
2583        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
----------------------------------------------------------------------------------------------------------------
2584        27 CFR 251 Recodification of Part 251...............................................     1512-AC27
2585        27 CFR 4 Albarino, Black Corinth and Fiano Grape Varieties..........................     1512-AC29
2586        27 CFR 252 Delegation of Authority in 27 CFR Part 252...............................     1512-AC44
2587        27 CFR 4 Proposed Addition of ``Tannat'' as a Grape Variety Name for American Wines.     1512-AC50
2588        27 CFR 251 Delegation of Authority in 27 CFR Part 251...............................     1512-AC58
2589        27 CFR 9 Petition to Establish ``California Coast'' as a New American Viticultural       1512-AC83
            Area................................................................................
2590        27 CFR 9 Petition to Expand the Lodi Viticultural Area..............................     1512-AC92
2591        27 CFR 47 Delegation of Authority (27 CFR 47).......................................     1512-AC86
2592        27 CFR 270 Elimination of Application to Remove Tobacco Products from Manufacturer's     1512-AC32
            Premises for Experimental Purposes..................................................
2593        27 CFR 44 Delegation of Authority in 27 CFR Part 44.................................     1512-AC36
----------------------------------------------------------------------------------------------------------------


                                              Bureau of Alcohol, Tobacco and Firearms--Discontinued Entries
--------------------------------------------------------------------------------------------------------------------------------------------------------
  Regulation
Identification                                             Title                                                  Date                 Comments
    Number
--------------------------------------------------------------------------------------------------------------------------------------------------------
1512-AA07        27 CFR 9 American Viticultural Areas                                                           09/10/2002   Withdrawn

[[Page 74997]]


1512-AC51        27 CFR 5.22 Petition to Amend the Standards of Identity for Whisky and Brandy                  05/03/2002   Withdrawn
--------------------------------------------------------------------------------------------------------------------------------------------------------


                                Comptroller of the Currency--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2594        12 CFR 19 Uniform Rules of Practice and Procedure; Regulation Review................     1557-AB43
2595        Fair Credit Reporting Regulations...................................................     1557-AB78
2596        Recordkeeping Requirements for Bank Exceptions from Securities Dealer Registration..     1557-AB93
2597        12 CFR 5 Rules, Policies, and Procedures for Corporate Activities and Bank               1557-AB97
            Activities and Operations...........................................................
2598        12 CFR 19 Maintenance of Records....................................................     1557-AB99
2599        12 CFR 5 Payday Lending.............................................................     1557-AC01
2600        12 CFR 28 International Banking Activities..........................................     1557-AC04
2601        12 CFR 30 Interagency Guidelines Establishing Standards for Safety and Soundness....     1557-AC08
2602        12 CFR 24 Community Development Corporations, Community Development Projects, and        1557-AC09
            Other Public Welfare Investments (12 CFR Part 24)...................................
2603        12 CFR 19 Removal, Suspension, and Debarment of Independent Accountants from             1557-AC10
            Performance of Audit Services.......................................................
2604        12 CFR 5 Rules, Policies, and Procedures for Corporate Activities...................     1557-AC11
----------------------------------------------------------------------------------------------------------------


                                  Comptroller of the Currency--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2605        12 CFR 3 Capital Rules..............................................................     1557-AB14
2606        31 CFR 103 Customer Identification Programs for Banks, Savings Associations, and         1557-AC06
            Credit Unions.......................................................................
----------------------------------------------------------------------------------------------------------------


                                 Comptroller of the Currency--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2607        Rules and Procedures for Claims Against OCC-Appointed Receiverships for Uninsured        1557-AB59
            Financial Institutions..............................................................
2608        12 CFR 25 Community Reinvestment Act Regulation.....................................     1557-AB98
----------------------------------------------------------------------------------------------------------------


                                 Comptroller of the Currency--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2609        12 CFR 34 Real Estate Appraisals....................................................     1557-AB70
2610        12 CFR 37 Debt Cancellation Contracts and Debt Suspension Agreements................     1557-AB75
2611        12 CFR 7.1002 Electronic Activities (Formerly Electronic Banking)...................     1557-AB76
2612        31 CFR 1 Notice of Exempt Privacy Act Systems of Records............................     1557-AB83
2613        12 CFR 25 Prohibition Against Use of Interstate Branches Primarily for Deposit           1557-AB95
            Production..........................................................................
2614        12 CFR 5 Financial Subsidiaries and Noncontrolling Investments of Federal Branches       1557-AC02
            and Agencies........................................................................
2615        12 CFR 28.15 International Banking Activities: Capital Equivalency Deposit..........     1557-AC05
2616        12 CFR 8 Assessment of Fees.........................................................     1557-AC07
----------------------------------------------------------------------------------------------------------------


[[Page 74998]]


                               United States Customs Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2617        19 CFR 12 Textiles and Textile Products Subject to Textile Trade Agreements.........     1515-AB54
2618        19 CFR 159 Liquidation; Extension; Suspension.......................................     1515-AB66
2619        19 CFR 12 Detention, Seizure, and Forfeiture of ``Bootleg'' Sound Recording and          1515-AB74
            Music Videos of Live Musical Performances...........................................
2620        19 CFR 142 Reconciliation...........................................................     1515-AB85
2621        19 CFR 111 Remote Location Filing...................................................     1515-AC23
2622        19 CFR 123 Simplification of In-Transit Truck Shipments Between Canada and the           1515-AC65
            United States.......................................................................
2623        19 CFR 142 Requirements for Future Customs Transactions When Payment to Customs on       1515-AC68
            Prior Transactions is Delinquent and/or Dishonored..................................
2624        19 CFR 145 Customs Examination of In-Transit Mail Shipments.........................     1515-AC71
2625        19 CFR 24 Reimbursable Customs Inspectional Services: Increase in Hourly Rate Charge     1515-AC77
2626        19 CFR 12 Patent Surveys............................................................     1515-AC93
2627        19 CFR 122 Advance Notice Requirements for Aircraft Landings and Arrivals...........     1515-AD10
2628        19 CFR 162 Prior Disclosure and Lost Duty or Revenue Demands When Penalty Claim Not      1515-AD13
            Issued..............................................................................
2629        19 CFR 111 Performance of Customs Business by Parent and Subsidiary Corporations....     1515-AD14
----------------------------------------------------------------------------------------------------------------


                                 United States Customs Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2630        19 CFR 4 Harbor Maintenance Fee.....................................................     1515-AA57
2631        19 CFR 24 Donated Cargo Exemption From Harbor Maintenance Fee.......................     1515-AA87
2632        19 CFR 181 North American Free Trade Agreement (NAFTA)--Implementation of Duty-          1515-AB87
            Deferral Program Provisions.........................................................
2633        19 CFR 141 Customs Entry Documentation Pursuant to Anticounterfeiting Consumer           1515-AC15
            Protection Act......................................................................
2634        19 CFR 134 Country-of-Origin Marking................................................     1515-AC32
2635        19 CFR 113 Importation and Entry Bond Conditions Regarding Other Agency                  1515-AC44
            Documentation Requirements..........................................................
2636        19 CFR 4 Deferral of Duty on Large Yachts Imported for Sale.........................     1515-AC58
2637        19 CFR 4 User and Navigation Fees; Other Reimbursable Charges.......................     1515-AC63
2638        19 CFR 10 African Growth and Opportunity Act and Generalized System of Preferences..     1515-AC72
2639        19 CFR 146 Expanded Weekly Entry Procedure for Foreign Trade Zones..................     1515-AC74
2640        19 CFR 10 United States-Caribbean Basin Trade Partnership Act and Caribbean Basin        1515-AC76
            Initiative..........................................................................
2641        19 CFR 102 Rules of Origin for Textile and Apparel Products.........................     1515-AC80
2642        19 CFR 24 User Fees.................................................................     1515-AC81
2643        19 CFR 12 Dog and Cat Protection Act................................................     1515-AC87
2644        19 CFR 10 Prototypes Used Solely For Product Development, Testing, Evaluation or         1515-AC88
            Quality Control Purposes............................................................
2645        19 CFR 10 Preferential Treatment of Brassieres Under the United States-Caribbean         1515-AC89
            Basin Trade Partnership Act.........................................................
2646        19 CFR 141 Single Entry for Split Shipments.........................................     1515-AC91
2647        19 CFR 141 Single Entry for Unassembled or Disassembled Entities Imported on             1515-AC94
            Multiple Conveyances................................................................
2648        19 CFR 133 Civil Fines For Importation of Merchandise Bearing a Counterfeit Mark....     1515-AC98
2649        19 CFR 122 Passenger and Crew Manifests Required for Passenger Flights in Foreign        1515-AC99
            Air Transportation to the United States.............................................
2650        19 CFR 191 Manufacturing Substitution Drawback: Duty Apportionment..................     1515-AD02
2651        19 CFR 122 Access to Customs Security Areas at Airports.............................     1515-AD04
2652        19 CFR 141 Conditional Release Period and Customs Bond Obligations For Food, Drugs,      1515-AD05
            Devices and Cosmetics...............................................................
2653        19 CFR 122 Passenger Name Record Information Required For Passengers On Flights In       1515-AD06
            Foreign Air Transportation To Or From the United States.............................
2654        19 CFR 12 Entry of Certain Steel Products...........................................     1515-AD15
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2655        19 CFR 12 Entry of Softwood Lumber Shipments From Canada............................     1515-AB97
2656        19 CFR 123 Designated Land Border Crossing Locations for Certain Conveyances........     1515-AC12

[[Page 74999]]


2657        19 CFR 24 Expanded Methods of Payment of Duties, Taxes, Interest and Fees...........     1515-AC40
2658        19 CFR 12 Entry of Softwood Lumber Shipments from Canada............................     1515-AC62
2659        19 CFR 122 Private Aircraft Programs: Establishment of the General Aviation              1515-AC73
            Telephonic Entry (GATE) Program and Revisions to the Overflight Program.............
2660        19 CFR 10 Amendment to Wool Duty Refund Program.....................................     1515-AC85
2661        19 CFR 24 Procedures Governing the Border Release Advanced Screening and Selectivity     1515-AC92
            (BRASS) Program.....................................................................
----------------------------------------------------------------------------------------------------------------


                                United States Customs Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2662        19 CFR 177 Administrative Rulings...................................................     1515-AC56
2663        19 CFR 4 General Order Warehouses...................................................     1515-AC57
2664        19 CFR 10 Civil Aircraft............................................................     1515-AC59
2665        19 CFR 191 Merchandise Processing Fee Eligible to be Claimed as Unused Merchandise       1515-AC67
            Drawback............................................................................
2666        19 CFR 10 Duty-Free Treatment for Certain Beverages Made with Caribbean Rum.........     1515-AC78
2667        19 CFR 24 Amended Procedure for Obtaining Refunds of Harbor Maintenance Fees Paid on     1515-AC82
            Exports of Merchandise..............................................................
2668        19 CFR 132 Licenses for Certain Worsted Wool Fabrics Subject to Tariff-Rate Quota...     1515-AC83
2669        19 CFR 12 Import Restrictions Imposed on Pre-Classical and Classical Archaeological      1515-AC86
            Material Originating in Cyprus......................................................
2670        19 CFR 122 Re-Use of Air Waybill Number on Air Cargo Manifest.......................     1515-AD01
2671        19 CFR 132 Elimination of Tariff-Rate Quota on Imported Lamb Meat...................     1515-AD09
2672        19 CFR 4 Presentation of Vessel Cargo Manifest to Customs Before Cargo is Laden          1515-AD11
            Aboard Vessel at Foreign Port for Transport to the United States....................
2673        19 CFR 12 Extension of Import Restrictions Imposed on Archaeological and                 1515-AD12
            Ethnological Material from Peru.....................................................
2674        19 CFR 12 Extension of Import Restrictions Imposed on Archaeological Material from       1515-AD16
            Mali................................................................................
2675        19 CFR 12 Extension of Import Restrictions Imposed on Archaeological Material from       1515-AD17
            Guatemala...........................................................................
----------------------------------------------------------------------------------------------------------------


                                     Internal Revenue Service--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2676        Circular 230--Phase 2 Non-Shelter Revisions.........................................     1545-BA72
2677        Communications Excise Tax; Taxable Communication Services...........................     1545-BB04
2678        Mixed Use Output Facilities.........................................................     1545-BB23
----------------------------------------------------------------------------------------------------------------


                                  Internal Revenue Service--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2679        Integrated Financial Transaction....................................................     1545-AR20
2680        Intercompany Transfer Pricing for Services..........................................     1545-AR32
2681        Capital Gain Guidance Relating to CRTs..............................................     1545-AW35
2682        Constructive Sales of Appreciated Financial Positions...............................     1545-AW97
2683        Straddles--One Side Larger Than the Other...........................................     1545-AX16
2684        Cash or Deferred Arrangements.......................................................     1545-AX26
2685        Inspection of Written Determinations................................................     1545-AX40
2686        Cash or Deferred Arrangements.......................................................     1545-AX43
2687        Awarding of Costs and Certain Fees..................................................     1545-AX46
2688        Highly Compensated Employee.........................................................     1545-AX48
2689        Modification to Section 367(a) Stock Transfer Regulations...........................     1545-AX77
2690        Assumption of Partnership Liabilities...............................................     1545-AX93

[[Page 75000]]


2691        Like-Kind Exchanges.................................................................     1545-AX95
2692        Electing Mark-to-Market for Marketable Stock of a PFIC..............................     1545-AY17
2693        Guidance on Changes to the Laws for Corporate Estimated Taxes.......................     1545-AY22
2694        Use of Taxpayer Identifying Numbers.................................................     1545-AY24
2695        Dual Consolidated Loss Recapture Events.............................................     1545-AY27
2696        Taxable Years of CFCs and FPHCs.....................................................     1545-AY30
2697        Allocation of Income and Deductions from Intangibles................................     1545-AY38
2698        Dollar-Value LIFO...................................................................     1545-AY39
2699        Normal Retirement Age for Pension Plans.............................................     1545-AY61
2700        Liabilities Assumed in Certain Corporate Transactions...............................     1545-AY74
2701        Normalization.......................................................................     1545-AY75
2702        Disclosure of Returns and Return Information in Judicial and Administrative Tax          1545-AY89
            Proceedings.........................................................................
2703        Payments For Interest in Partnership................................................     1545-AY90
2704        Tax Shelter Penalties...............................................................     1545-AY97
2705        Expenditures in Connection with the Creation of Intangible Assets...................     1545-BA00
2706        Allocation and Apportionment of Interest Expense....................................     1545-BA02
2707        Reductions of Accruals and Allocations Because of Increased Age.....................     1545-BA10
2708        Transactions Involving Obligations of Consolidated Group Members....................     1545-BA11
2709        Deductibility of Employer Contributions for Deferred Compensation...................     1545-BA13
2710        Continuation of a Consolidated Group................................................     1545-BA14
2711        Property Exempt from Levy...........................................................     1545-BA22
2712        Gasoline Tax Claims.................................................................     1545-BA27
2713        Suspension of Statutes of Limitation in John Doe and Third-Party Summons Disputes        1545-BA31
            and Expansion of Taxpayers' Rights to Receive Notice and Seek Judicial Review of
            Third Party Summonses...............................................................
2714        Amendments to Rules for Allocation of Basis.........................................     1545-BA32
2715        Earned Income Credit................................................................     1545-BA34
2716        Income From Sources Within Specified Possession.....................................     1545-BA37
2717        Multi-Family Housing Bonds..........................................................     1545-BA45
2718        Determination of Basis of Partner's Interest; Special Rules.........................     1545-BA50
2719        Partnership Options.................................................................     1545-BA53
2720        User Fees for Offers to Compromise..................................................     1545-BA54
2721        Modification of Check the Box (Temporary)...........................................     1545-BA58
2722        Modification of Check the Box.......................................................     1545-BA59
2723        Abatement of Interest on Large Erroneous Refunds....................................     1545-BA61
2724        Allocation and Apportionment Rules: Guidance on Selected Issues.....................     1545-BA64
2725        Provisions Regarding Cross-Border Transactions......................................     1545-BA65
2726        Interest Other Than That of a Creditor..............................................     1545-BA69
2727        Definition of Reorganizations.......................................................     1545-BA71
2728        Controlled Foreign Partnership Reporting............................................     1545-BA77
2729        Disclosure of Relative Value of Distribution Forms..................................     1545-BA78
2730        Redemptions Treated as Dividends....................................................     1545-BA80
2731        Partnership Transactions Involving Long-Term Contracts..............................     1545-BA81
2732        Allocation of New Markets Tax Credit................................................     1545-BA84
2733        Carryover and Stacking Rule Amendment...............................................     1545-BA85
2734        Guidance on Reporting of Deposit Interest Paid to Nonresident Aliens................     1545-BA86
2735        Aggregate Computation and Allocation of Research Credit.............................     1545-BA88
2736        Designated IRS Officer or Employee..................................................     1545-BA89
2737        Transfer of Notes or Stock to Provide for Satisfaction of Contested Liabilities.....     1545-BA90
2738        Transfer of Notes or Stock to Provide for Satisfaction of Contested Liabilities          1545-BA91
            (Temporary).........................................................................
2739        Inclusion Ratio.....................................................................     1545-BA94
2740        Employment Taxes--Failure-to-Deposit Penalty........................................     1545-BA97
2741        Designated IRS Officer or Employee (Temporary)......................................     1545-BA98
2742        Timely Mailing Treatment............................................................     1545-BA99
2743        Hand Carry Returns..................................................................     1545-BB00
2744        Reduced Exclusion of Gain from Sale or Exchange of Principal Residence..............     1545-BB01
2745        Reduced Exclusion of Gain from Sale or Exchange of Principal Residence (Temporary)..     1545-BB02
2746        Heavy Vehicle Tax; Definition of Highway Tractor....................................     1545-BB03
2747        Change in Use; Accelerated Cost Recovery Sytstem....................................     1545-BB05
2748        Depreciation of Vans and Light Trucks...............................................     1545-BB06

[[Page 75001]]


2749        Capital Account Bookup..............................................................     1545-BB10
2750        Allocation of Foreign Tax Credits Among Partners....................................     1545-BB11
2751        Distributions of Property...........................................................     1545-BB12
2752        Penalties for Unauthorized Inspection of Returns....................................     1545-BB13
2753        Structured Settlement Factoring Transactions........................................     1545-BB14
2754        Testimony Authorizations and Requests for IRS Information...........................     1545-BB15
2755        Investigative Disclosures...........................................................     1545-BB16
2756        Investigative Disclosures (Temporary)...............................................     1545-BB17
2757        Toll Telephone Service-Definition...................................................     1545-BB18
2758        Substantiation of Incidental Expenses (Temporary)...................................     1545-BB19
2759        Substantiation of Incidental Expenses...............................................     1545-BB20
2760        Duplicate Tax Benefits..............................................................     1545-BB25
2761        Cost Sharing........................................................................     1545-BB26
2762        Application of Separate Limitations to Dividends from Noncontrolled Section 902          1545-BB28
            Corporation.........................................................................
2763        Extension of Time for Filing Returns................................................     1545-BB29
2764        Exclusions from Gross Income of Foreign Corporations................................     1545-BB30
2765        Tax Shelter Disclosure Statements...................................................     1545-BB32
2766        Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters.......     1545-BB33
2767        Other Assessable Penalties With Respect to the Preparation of Income Tax Returns for     1545-BB34
            Other Persons.......................................................................
2768        Fractional Parts of a Dollar........................................................     1545-BB35
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2769        Golden Parachute Payments...........................................................     1545-AH49
2770        Nonrecognition of Corporate Distributions and Reorganizations Under the Foreign          1545-AK79
            Investment in Real Property Tax Act.................................................
2771        Computation of a Branch's Taxable Income; Taxation of Exchange Gain or Loss on           1545-AM12
            Branch Remittances..................................................................
2772        Limitations on Passive Activity Losses and Credits--Self-Charged Items..............     1545-AN64
2773        Taxation of Global Trading..........................................................     1545-AP01
2774        Interest-Free Adjustments...........................................................     1545-AQ61
2775        Definition of ``Highly Compensated Employee''.......................................     1545-AQ74
2776        Escrow Funds and Other Similar Funds................................................     1545-AR82
2777        Mark-to-Market Upon Disposition.....................................................     1545-AS85
2778        Straddles---Miscellaneous Issues....................................................     1545-AT46
2779        Agreements for Payment of Tax Liabilities in Installments...........................     1545-AU97
2780        Definition of ``Private Activity Bonds'' Allocation and Accounting Regulations......     1545-AU98
2781        Return of Levied Property in Certain Cases..........................................     1545-AV01
2782        Interest on Education Loans.........................................................     1545-AW01
2783        Mark-to-Market Accounting for Dealers in Commodities and Traders in Securities and       1545-AW06
            Commodities.........................................................................
2784        Election To Treat Trust as Estate...................................................     1545-AW24
2785        Corporate Tax Shelter Registration..................................................     1545-AW26
2786        Intercompany Obligations............................................................     1545-AW30
2787        Reporting of Payments to Attorney...................................................     1545-AW72
2788        Qualified Offers....................................................................     1545-AW99
2789        Notice of Contact of Third Parties..................................................     1545-AX04
2790        Allocation of Research Credit.......................................................     1545-AX05
2791        Delay Rental Payments...............................................................     1545-AX06
2792        Highway Vehicle--Definition.........................................................     1545-AX10
2793        Guidance on Cost Recovery in the Entertainment Industry.............................     1545-AX12
2794        Allocating Basis Adjustments........................................................     1545-AX18
2795        Exclusion of Gain on the Sale or Exchange of Principal Residence....................     1545-AX28
2796        Special Rules for Retroactive Payments Under Section 417(a)(7)(A) for Qualified          1545-AX34
            Retirement Plans....................................................................
2797        Compensation Deferred Under Eligible Section 457(b) Plans...........................     1545-AX52
2798        Stock Transfer Rules: Carryover of Earnings and Taxes...............................     1545-AX65
2799        Loans to Participants or Beneficiaries from Qualified Employee Plans................     1545-AX68

[[Page 75002]]


2800        Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters.......     1545-AX79
2801        Tax Shelter Disclosure Statements...................................................     1545-AX81
2802        Disclosure of Return and Return Information to Designee of Taxpayer.................     1545-AX85
2803        Statute of Limitations on Collection Installment Agreements.........................     1545-AX89
2804        Definition of Income................................................................     1545-AX96
2805        Constructive Transfers and Transfers of Property to Third Parties on Behalf of a         1545-AX99
            Spouse..............................................................................
2806        Damages for Intentional or Reckless Disregard of the Internal Revenue Code..........     1545-AY08
2807        Investment Type Property (Prepayment)...............................................     1545-AY12
2808        Authorized Placement Agency.........................................................     1545-AY18
2809        HIPAA General Nondiscrimination.....................................................     1545-AY32
2810        HIPAA Nondiscrimination/Exception for Church Plans..................................     1545-AY33
2811        HIPAA Nondiscrimination/Bona Fide Wellness Programs.................................     1545-AY34
2812        Recognition of Gain on Certain Distributions or Stock of Securities in Connection        1545-AY42
            with an Acquisition.................................................................
2813        Modified Guaranteed Contracts.......................................................     1545-AY48
2814        Electronic Furnishing of Payee Statements...........................................     1545-AY50
2815        Disclosure of Return Information to Officers and Employees of the Department of          1545-AY52
            Commerce for Certain Statistical Purposes and Related Activities....................
2816        Tax Treatment of Cafeteria Plans....................................................     1545-AY67
2817        Obligation of States and Political Subdivisions.....................................     1545-AY71
2818        Qualified S Election for Testamentary Trusts........................................     1545-AY76
2819        Disclosure of Returns and Return Information by Other Agencies......................     1545-AY77
2820        Research Credit III.................................................................     1545-AY82
2821        Low-Income Taxpayer Clinics.........................................................     1545-AY84
2822        New Market Tax Credit...............................................................     1545-AY87
2823        Net Gift Treatment..................................................................     1545-AY91
2824        Excise Tax Imposed on Foreign Insurers or Reinsurers................................     1545-AY93
2825        Definition of Agent and Safeguard Certifications....................................     1545-AY94
2826        Consolidated Return Intercompany Transaction Rules..................................     1545-BA05
2827        Mergers Involving Disregarded Entities..............................................     1545-BA06
2828        Notice of Significant Reduction in the Rate of Future Benefit Accrual...............     1545-BA08
2829        Consolidated Returns; Non-Applicability of Section 357(c)...........................     1545-BA09
2830        Counting 2100 Notices...............................................................     1545-BA18
2831        Catch-Up Contributions for Individuals Age 50 or Over...............................     1545-BA24
2832        Unit Livestock Pricing Method.......................................................     1545-BA25
2833        Guidance Regarding Foreign Personal Holding Company Income..........................     1545-BA33
2834        Withholding at Treaty Rate Exception for Taxpayer Identifying Number................     1545-BA38
2835        Split-Dollar Life Insurance.........................................................     1545-BA44
2836        Amendment to the Definition of Refunding............................................     1545-BA46
2837        Treatment of Funded Welfare Benefit Plans...........................................     1545-BA47
2838        Loss Limitation Rules...............................................................     1545-BA52
2839        Carryback of Consolidated Net Operating Losses to Separate Return Years.............     1545-BA73
2840        Statutory Options...................................................................     1545-BA75
2841        Earnings Calculation for Returned or Recharacterized Contributions..................     1545-BA82
2842        Reporting Requirements for Widely Held Fixed Investment Trusts......................     1545-BA83
2843        Low-Income Taxpayer Clinics.........................................................     1545-BA95
2844        6038 Issues Relating to Certain Foreign Corporations and Partnerships...............     1545-BB36
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2845        Income Tax--Taxpayer's Obligation To File a Notice of Redetermination of Foreign Tax     1545-AC09
            and Civil Penalties for Failure to File.............................................
2846        Income Tax--Definition of Qualified Possession Source Investment Income for Purposes     1545-AC10
            of Puerto Rico and Possession Tax Credit............................................
2847        FSC Transfer Pricing Rules, Distributions, Dividends Received, Deduction, and Other      1545-AI16
            Special Rules for FSC...............................................................
2848        Information From Passport and Immigration Applicants................................     1545-AJ93

[[Page 75003]]


2849        Foreign Corporations................................................................     1545-AK74
2850        Foreign Insurance Companies.........................................................     1545-AL82
2851        Income of Foreign Governments and International Organizations.......................     1545-AL93
2852        Clarification of Treatment of Separate Limitation Losses............................     1545-AM11
2853        Earnings and Profits of Controlled Foreign Corporations.............................     1545-AM90
2854        Caribbean Basin Investments.........................................................     1545-AM91
2855        Outbound Transfers of Property to Foreign Corporations..............................     1545-AM97
2856        Railroad Unemployment Repayment Tax.................................................     1545-AN40
2857        Consolidated Alternative Minimum Tax................................................     1545-AN73
2858        Conforming Taxable Years of CFCs and FPHCs: 1989 Change.............................     1545-AO22
2859        Earnings Stripping Payments.........................................................     1545-AO24
2860        Foreign Insurance Company--Domestic Election........................................     1545-AO25
2861        Fringe Benefit Sourcing Under Section 861...........................................     1545-AO72
2862        Information Reporting and Record Maintenance........................................     1545-AP10
2863        Charitable Contributions............................................................     1545-AP30
2864        Registration Required Obligations...................................................     1545-AP33
2865        Guidance in Notice 89-37, Which Treats the Receipt of a Corporate Partner's Stock by     1545-AP52
            the Corporate Partner as a Circumvention of General Utilities Repeal................
2866        Use of GAAP Earnings as E&P of Foreign Corporations.................................     1545-AQ55
2867        The Treatment of Accelerated Death Benefits.........................................     1545-AQ70
2868        Foreign Trusts Regulations..........................................................     1545-AR25
2869        Treatment of Dual Consolidated Losses...............................................     1545-AR26
2870        Allocation of Accrued Benefits Between Employer and Employee Contributions..........     1545-AT82
2871        Foreign Corporations Regulations....................................................     1545-AT96
2872        Treatment of Obligation-Shifting Transactions.......................................     1545-AU19
2873        Application of Grantor Trust Rules to Nonexempt Employees' Trust....................     1545-AU29
2874        Recomputation of Life Insurance Reserves............................................     1545-AU49
2875        Source Rules for Payments Made Pursuant to Certain Swap Arrangements................     1545-AU89
2876        Application of Attribution Rules to Foreign Trusts..................................     1545-AU91
2877        FASIT--Start-up/Operational/Transition..............................................     1545-AU94
2878        Electronic Transmission of Withholding Certificates.................................     1545-AV27
2879        Removal of Temporary Regulations That Provide Rules for Substantiating Travel            1545-AV55
            Expense Deductions for Members of Congress..........................................
2880        Foreign Tax Credit Anti-abuse Regulation............................................     1545-AV97
2881        Stocks and Securities Safe Harbor Exception.........................................     1545-AW13
2882        Transportation of Persons and Property by Air.......................................     1545-AW19
2883        Contingent Debt Instrument..........................................................     1545-AW33
2884        Source of Income From Certain Space and Ocean Activities and for Communications          1545-AW50
            Income..............................................................................
2885        Guidance Under Subpart F Relating to Certain Hybrid Transactions....................     1545-AW63
2886        Education Credits...................................................................     1545-AW65
2887        Certain Asset Transfers to Regulated Investment Companies (RICs) and Real Estate         1545-AW92
            Investment Trusts (REITs)...........................................................
2888        Rules for Sourcing Certain Transportation Income, Space or Ocean Activity Income,        1545-AX02
            and Related Foreign Base Company Shipping Income....................................
2889        Definition of Accounting Method.....................................................     1545-AX21
2890        Guaranteed Investment Contracts.....................................................     1545-AX22
2891        Changes in Entity Classification: Special Rule for Certain Foreign Eligible Entities     1545-AX39
2892        Definition of Private Activity Bond--Refunding Regulations..........................     1545-AX55
2893        Allocation and Apportionment of Interest Expense and Certain Other Expenses.........     1545-AX72
2894        Definition of Passive Foreign Investment Company Under Section 1297.................     1545-AX78
2895        HIPAA Portability...................................................................     1545-AX84
2896        Application of Separate Foreign Tax Credit Limitations..............................     1545-AX88
2897        Clarification of Foreign-Based Company Sales Income Rules...........................     1545-AX91
2898        Capitalization of Interest and Carrying Charges Properly Allocable to Straddles.....     1545-AX92
2899        Definition of Diesel Fuel...........................................................     1545-AX97
2900        Guidance Necessary to Facilitate Electronic Tax Administration......................     1545-AY04
2901        Active Conduct of an Insurance Business Under PFIC Rules............................     1545-AY20
2902        Disallowance of Deductions and Credits for Failure to File Timely Return............     1545-AY26
2903        Withholding Tax on Foreign Partners' Share of Effectively Connected Income..........     1545-AY28
2904        Information Reporting on Cancellation of Indebtedness...............................     1545-AY35

[[Page 75004]]


2905        Special Rules Relating to Transfers of Intangibles to Foreign Corporations..........     1545-AY41
2906        Special Rules for S Corporations....................................................     1545-AY44
2907        Election--Assets Acquisitions of Insurance Companies................................     1545-AY49
2908        Previously Taxed Earnings and Profits Under Subpart F...............................     1545-AY54
2909        Treatment of Community Income for Certain Individuals Not Filing Joint Returns......     1545-AY83
2910        Charitable Lead Interest............................................................     1545-AY86
2911        Transitional Relief for Qualified Intermediaries....................................     1545-AY92
2912        Procurement/Purchasing Card Reporting...............................................     1545-BA17
2913        Application of the Federal Insurance Contributions Act, Federal Unemployment Tax Act     1545-BA26
            and Collection of Income Tax at Source to Statutory Stock Options...................
2914        Transfers of C Corporation Property to RICs or REITs................................     1545-BA36
2915        Treatment of Certain Obligation-shifting Transactions...............................     1545-BA41
2916        Information Reporting for Qualified Tuition and Related Expenses; Magnetic Media         1545-BA43
            Filing Requirements for Information Returns.........................................
2917        Compensatory Stock Options Under Section 482........................................     1545-BA57
2918        Required Distributions from Retirement Plans........................................     1545-BA60
2919        Circular 230--Tax Shelter Amendments................................................     1545-BA70
2920        Foreign Corporations--Treatment of Distributions or Liquidations....................     1545-BA79
2921        Allocation and Apportionment of Interest Expense....................................     1545-BA92
2922        Earnings and Profits Attribution Principles.........................................     1545-BA93
2923        Guidance To Facilitate Electronic Tax Administration................................     1545-BA96
2924        Disclosure of Reportable Transactions...............................................     1545-BB07
2925        Registration of Reportable Transactions.............................................     1545-BB08
2926        List Maintenance Requirement for Reportable Transactions............................     1545-BB09
2927        Authorization for IRS to Charge Fees For Copying Exempt Organization Returns........     1545-BB21
2928        Authorization for IRS to Charge Fees For Copying Exempt Organizations Returns            1545-BB22
            (Temporary).........................................................................
2929        Structured Settlement Factoring Transactions (Temporary)............................     1545-BB24
2930        Accrual Rules for Creditable Foreign Taxes and Guidance on Change in Taxable Year...     1545-BB27
2931        Treatment of Services Under Section 482.............................................     1545-BB31
----------------------------------------------------------------------------------------------------------------


                                   Internal Revenue Service--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2932        Electing Small Business Trust.......................................................     1545-AU76
2933        Required Distributions From Qualified Plans and Individual Retirement Plans.........     1545-AV82
2934        Middleman Regulation................................................................     1545-AW48
2935        Relief From Joint and Several Liability on Joint Return.............................     1545-AW64
2936        Information Reporting for Payments of Interest on Education Loans...................     1545-AW67
2937        Modifications and Additions to the Unified Partnership Audit Procedures.............     1545-AW86
2938        Compromises.........................................................................     1545-AW88
2939        Transfer of REMIC Residual Interest.................................................     1545-AW98
2940        Change of Annual Accounting Period..................................................     1545-AX15
2941        Agent for the Consolidated Group....................................................     1545-AX56
2942        Equity Options with Flexible Terms..................................................     1545-AX66
2943        Clarification of Entity Classification Rules........................................     1545-AX75
2944        Determination of Basis of Partners' Interest; Special Rules.........................     1545-AX94
2945        Hedging Transactions................................................................     1545-AY02
2946        Regulations Governing Practice Before the Internal Revenue Service..................     1545-AY05
2947        Guidance for Imposing Tax Liability on Foreign Persons..............................     1545-AY13
2948        Mid-Contract Change in Taxpayer.....................................................     1545-AY31
2949        Guidance Under Subpart F Relating to Partnerships...................................     1545-AY45
2950        Guidance Necessary to Facilitate Electronic Tax Administration......................     1545-AY56
2951        Insurance Companies--Tax Under Subchapter L.........................................     1545-AY60
2952        Foreign Partners....................................................................     1545-AY66
2953        Notice to Interested Parties........................................................     1545-AY68
2954        Required Distributions from Retirement Plans........................................     1545-AY69

[[Page 75005]]


2955        Required Distributions from Retirement Plans........................................     1545-AY70
2956        Guidance Under Section 355(e); Recognition of Gain on Certain Distributions of Stock     1545-BA55
            or Securities in Connection with an Aquisition......................................
2957        Disclosures of Return Information to Officers and Employees of the Department of         1545-BA56
            Agriculture for Certain Statistical Purposes and Related Activities.................
2958        Modification of Tax Shelter Rules III...............................................     1545-BA62
2959        Taxation of Tax-Exempt Organization's Income from Corporate Sponsorship.............     1545-BA68
2960        Loss Limitation Rules--Amended......................................................     1545-BA74
2961        Carryback of Consolidated Net Operating Losses to Separate Return Years.............     1545-BA76
2962        Refund of Mistaken Contributions....................................................     1545-BA87
----------------------------------------------------------------------------------------------------------------


                                                     Internal Revenue Service--Discontinued Entries
--------------------------------------------------------------------------------------------------------------------------------------------------------
  Regulation
Identification                                             Title                                                  Date                 Comments
    Number
--------------------------------------------------------------------------------------------------------------------------------------------------------
1545-AJ57        Income Tax--Reciprocal Exemptions for Certain Transportation Income                            08/02/2002   Withdrawn
1545-AU15        Reporting Requirements for Widely Held Fixed Investment Trusts                                 06/20/2002   Withdrawn
1545-AW21        Estate Tax Deduction for Qualified Family-Owned Business Interests (QFOBI)                     04/30/2002   Withdrawn
1545-AW36        Disregarded Entities                                                                           11/15/2001   Withdrawn
1545-AW61        Merchandise Regulation                                                                         07/31/2002   Withdrawn
1545-AY62        Guidance on Reporting of Deposit Interest Paid to Nonresident Aliens                           08/02/2002   Withdrawn
1545-AY95        Termination of QSub Election                                                                   08/09/2002   Withdrawn
1545-BA12        Guidance Regarding the Treatment by a Corporation of Financial Instruments Based on the        08/12/2002   Withdrawn
                 Value of that Corporation's Stock
1545-BA15        Consolidated Returns; Investment Adjustments Involving Preferred Stock                         08/08/2002   Withdrawn
1545-BA35        Disclosures of Return Information to Officers and Employees of the Department of               06/19/2002   Withdrawn
                 Agriculture for Certain Statistical Purposes and Related Activities
1545-BA63        Primary Profit Motive                                                                          07/24/2002   Withdrawn
1545-BA66        Modification of Tax Shelter Rules III                                                          05/08/2002   Withdrawn
1545-BA67        Modification of Tax Shelter Rules III (Temporary)                                              05/08/2002   Withdrawn
--------------------------------------------------------------------------------------------------------------------------------------------------------


                                Office of Thrift Supervision--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2963        12 CFR 567 Capital Rules............................................................     1550-AB11
2964        12 CFR 571 Fair Credit Reporting....................................................     1550-AB33
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2965        12 CFR 550 Recordkeeping and Confirmation Requirements for Securities Transactions;      1550-AB49
            Fiduciary Powers of Savings Associations............................................
2966        12 CFR 562 Regulatory Reporting Standards: Qualifications for Independent Public         1550-AB54
            Accounts Performing Audit Services for Voluntary Audit Filers.......................
----------------------------------------------------------------------------------------------------------------


[[Page 75006]]


                                 Office of Thrift Supervision--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2967        12 CFR 545 Directors and Officers...................................................     1550-AB19
2968        12 CFR 563e Community Reinvestment Act..............................................     1550-AB48
----------------------------------------------------------------------------------------------------------------


                                 Office of Thrift Supervision--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
2969        12 CFR 563b Mutual Savings Associations, Mutual Holding Company Reorganizations, and     1550-AB24
            Conversions.........................................................................
2970        12 CFR 567 Capital: Qualifying Mortgage Loan, Interest Rate Risk Component, and          1550-AB45
            Miscellaneous Changes...............................................................
2971        12 CFR 560 Alternative Mortgage Transaction Parity Act; Preemption..................     1550-AB51
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
Departmental Offices (DO)
_______________________________________________________________________

2459. [bull] AMENDMENTS TO THE GOVERNMENT SECURITIES ACT REGULATIONS: 
CUSTOMER PROTECTION-RESERVES AND CUSTODY OF SECURITIES

Priority: Substantive, Nonsignificant

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

CFR Citation: 17 CFR 403.4

Legal Deadline: None

Abstract: The proposal would allow for the expansion of the categories 
of collateral registered Government securities brokers and dealers may 
pledge when borrowing fully paid or excess margin securities from 
customers. This proposal is a conforming technical amendment to the 
Government Securities Act regulations based on the Securities and 
Exchange Commission's previously proposed revisions to its customer 
protection requirements for brokers and dealers subject to the 
requirements of 17 CFR 240.15c3-3(b)(3).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03
NPRM Comment Period End         02/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lori Santamorena, Executive Director, Department of the 
Treasury, Bureau of the Public Debt, Room 315, Government Securities 
Regulations Staff, 999 E Street NW., Washington, DC 20239-0001
Phone: 202 691-3632
Fax: 202 219-3639
Email: govsecreg@bpd.treas.gov

Deidere R. Brewer, Government Securities Specialist, Department of the 
Treasury, Bureau of the Public Debt, Room 315, Government Securities 
Regulations Staff, 999 E Street NW., Washington, DC 20239-001
Phone: 202 691-3632
Fax: 202 219-3639
Email: govsecreg@bpd.treas.gov

Kevin Hawkins, Government Securities Specialist, Department of the 
Treasury, Bureau of the Public Debt, Room 315, Government Securities 
Regulations Staff, 999 E Street NW., Washington, DC 20239-0001
Phone: 202 691-3632
Fax: 202 219-3639
Email: govsecreg@bpd.treas.gov

RIN: 1505-AA94
_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
Departmental Offices (DO)
_______________________________________________________________________

2460. AMENDMENTS TO THE LARGE POSITION RULES

Priority: Substantive, Nonsignificant

Legal Authority: 15 USC 78o-5(f)

CFR Citation: 17 CFR 420

Legal Deadline: None

Abstract: The rule amends the large position recordkeeping and 
reeporting requirements pertaining to very large positions in certain 
Treasury securities. The modifications will improve the information 
available to Treasury and other regulators.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/31/02                    67 FR 49630
NPRM Comment Period End         09/16/02
Final Action                    01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lori Santamorena, Executive Director, Department of the 
Treasury, Bureau of the Public Debt, Room 315, Government Securities 
Regulations Staff, 999 E Street NW., Washington, DC 20239-0001
Phone: 202 691-3632
Fax: 202 219-3639
Email: govsecreg@bpd.treas.gov


[[Page 75007]]


Lee Grandy, Associate Director, Department of the Treasury, Bureau of 
the Public Debt, Room 315, Government Securities Regulations Staff, 999 
E Street NW., Washington, DC 20239-0001
Phone: 202 691-3632
Fax: 202 219-3639
Email: govsecreg@bpd.treas.gov

RIN: 1505-AA88
_______________________________________________________________________

2461. [bull] DEPARTMENT OF THE TREASURY ACQUISITION REGULATION

Priority: Substantive, Nonsignificant

Legal Authority: EO 12931, as amended, 41 USC 401, et seq; 41 USC 414; 
31 USC 5136; 48 CFR ch 1, subpart 1.3

CFR Citation: 48 CFR ch 10

Legal Deadline: None

Abstract: The Department of the Treasury is revising the Department of 
the Treasury Regulation (DTAR) in its entirety. Treasury has rewritten 
the DTAR into plain English, and has also updated the regulation to 
reflect changes to the Federal Acquisition Regulation. The DTAR 
includes both policy direction and regulatory guidance.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Angelie Jackson, Department of the Treasury, Suite 
400w, Office of the Procurement Executive, 1500 Pennsylvania Avenue 
NW., c/o 1310 G Street NW., Washington, DC 20220
Phone: 202 622-0245
Fax: 202 622-2273
Email: angelie.jackson@do.treas.gov

RIN: 1505-AA89
_______________________________________________________________________

2462. [bull] TREASURY DEBT COLLECTION

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 5514; 26 USC 6402; 31 USC 321; 31 USC 3701; 31 
UC 3711; 31 USC 3716 to 3718; 31 USC 3720A; 31 USC 3720B; 31 USC 3720D

CFR Citation: 31 CFR 5

Legal Deadline: None

Abstract: This rule updates the Department of the Treasury's debt 
collection regulations to conform with the Debt Collection Improvement 
Act of 1996, the revised Federal Claims Collection Standards, and other 
laws applicable to the collection of debts owed to Treasury. This rule 
also updates Treasury's regulations governing the offset of Treasury-
issued payments to collect debts owed to other Federal agencies.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              11/00/02
Interim Final Rule Comment 
Period End                      12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Cathy Thomas, Department of the Treasury, Metropolitan 
Square Room 6228, Office of the Deputy Chief Financial Officer, 1500 
Pennsylvania Avenue NW., Washington, DC 20220
Phone: 202 622-0817
Fax: 202 622-2318

RIN: 1505-AA90
_______________________________________________________________________

2463. [bull] BANK ENTERPRISE AWARD (BEA) PROGRAM

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1834a; 12 USC 4703 note; 12 USC 4713; 31 USC 
321; PL 104-19

CFR Citation: 12 CFR 1806

Legal Deadline: None

Abstract: The revisions contain a number of changes, which clarify 
current requirements, and change some others. This rule also simplifies 
current requirements and updates various references. However, in order 
to facilitate implementation of the BEA Program regulations by 
participating insured depository institutions, the complete text of the 
regulations, as amended, is published by this interim rule.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              11/00/02
Interim Final Rule Comment 
Period End                      01/00/03
Interim Final Rule Effective    11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Ashanti McCallum, Legal Assistant, Department of the 
Treasury, Suite 200, 601 13th Street NW., Washington, DC 20005
Phone: 202 622-9018
Fax: 202 622-8244
Email: mccallum@cdfi.treas.gov

RIN: 1505-AA91
_______________________________________________________________________

2464. [bull] COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI) PROGRAM

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4703; 12 USC 4703 note; 12 USC 4717; 31 USC 321

CFR Citation: 12 CFR 1805

Legal Deadline: None

Abstract: This revised interim rule: revises the primary mission 
eligibility test to comply with the plain meaning of the Community 
Development Banking and Financial Institutions Act of 1994 (the Act); 
reduces the frequency of previously approved collections of information 
by replacing semiannual reporting requirements with annual reporting 
requirements; clarifies the terms and conditions underlying an award of 
assistance prior to the execution of an assistance program; achieves 
regulatory economy and efficiency by deleting references to application 
content requirements and other matters that have been and will continue 
to be thoroughly addressed in the various applications and in the 
Notices of Funds Availability (NOFA); and makes technical and 
clarifying changes that the Fund believes will generally inure to the 
benefit of CDFIs and entities proposing to become CDFIs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02
NPRM Comment Period End         01/00/03
Interim Final Rule              11/00/02
Interim Final Rule Comment 
Period End                      01/00/03

[[Page 75008]]

Interim Final Rule Effective    11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Ashanti McCallum, Legal Assistant, Department of the 
Treasury, Suite 200, 601 13th Street NW., Washington, DC 20005
Phone: 202 622-9018
Fax: 202 622-8244
Email: mccallum@cdfi.treas.gov

RIN: 1505-AA92
_______________________________________________________________________

2465. [bull] COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI) PROGRAM 
NPRM

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4703; 12 USC 4703 note; 12 USC 4717; 31 USC 321

CFR Citation: 12 CFR 1805

Legal Deadline: None

Abstract: We are proposing changes to require entities certified by us 
as Community Development Financial Institutions (CDFIs) to submit 
reports that we may from time to time require to enable us to better: 
1) evaluate the impact of the CDFI Program; and 2) monitor such 
entities' continued eligibility as certified CDFIs. We are also 
proposing to give the Fund the discretion to decertify a certified CDFI 
that does not timely submit such required reports.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02
NPRM Comment Period End         01/00/03
Interim Final Rule              11/00/02
Interim Final Rule Comment 
Period End                      01/00/03
Interim Final Rule Effective    11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Ashanti McCallum, Legal Assistant, Department of the 
Treasury, Suite 200, 601 13th Street NW., Washington, DC 20005
Phone: 202 622-9018
Fax: 202 622-8244
Email: mccallum@cdfi.treas.gov

RIN: 1505-AA93
_______________________________________________________________________
Department of the Treasury (TREAS)                    Long-Term Actions
Departmental Offices (DO)
_______________________________________________________________________

2466. 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
_______________________________________________________________________

2467. 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: gary.sutton@do.treas.gov

RIN: 1505-AA80
_______________________________________________________________________

2468. FINANCIAL SUBSIDIARIES

Priority: Substantive, Nonsignificant

CFR Citation: Not Yet Determined

Timetable: 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: gary.sutton@do.treas.gov

RIN: 1505-AA81
_______________________________________________________________________

2469. 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: gary.sutton@do.treas.gov

RIN: 1505-AA84
_______________________________________________________________________

2470. 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

[[Page 75009]]

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: gary.sutton@do.treas.gov

RIN: 1505-AA85
_______________________________________________________________________

2471. COMMON RULE SUSPENSION AND DEBARMENT

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 19; 31 CFR 20

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/23/02                     67 FR 3265
NPRM Comment Period End         03/25/02


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cathy Thomas
Phone: 202 622-0817
Fax: 202 622-2318

RIN: 1505-AA86
_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
Departmental Offices (DO)
_______________________________________________________________________

2472. COUNTER MONEY LAUNDERING REQUIREMENTS--CORRESPONDENT ACCOUNTS; 
FOREIGN SHELL BANKS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Transferred To 1506-AA35        09/23/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gary W. Sutton
Phone: 202 622-1976
Fax: 202 622-1974
Email: gary.sutton@do.treas.gov

RIN: 1505-AA87
BILLING CODE 4810-25-S
_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
Financial Crimes Enforcement Network (FINCEN)
_______________________________________________________________________

2473. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--DELEGATION OF 
AUTHORITY TO ASSESS CIVIL MONEY PENALTIES ON DEPOSITORY INSTITUTIONS

Priority: Substantive, Nonsignificant

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

CFR Citation: 31 CFR 103

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA08
_______________________________________________________________________

2474. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT THAT 
FINANCIAL INSTITUTIONS ESTABLISH ANTI-MONEY LAUNDERING PROGRAMS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5316(h)

CFR Citation: 31 CFR 103.65; 31 CFR 103.66; 31 CFR 103.67

Legal Deadline: Final, Statutory, April 24, 2002, PL 107-56, sec 352.

Abstract: FinCEN will issue a series of regulations regarding anti-
money laundering program requirements for various financial 
institutions, as defined in the Bank Secrecy Act (BSA).

Timetable:
________________________________________________________________________

Anti-Money Laundering Programs for Businesses Engaged in Vehicle Sales, 
Including Automobile, Airplane & Boat Sales  NPRM 12/00/02

Anti-Money Laundering Programs for Dealers in Precious Metals, Stones 
or Jewels  NPRM 11/00/02

Anti-Money Laundering Programs for Financial Institutions  Interim 
Final Rule 04/29/02 (67 FR 21110)  Interim Final Rule Comment Period 
End 05/29/02  Final Action 12/00/02

Anti-Money Laundering Programs for Insurance Companies  NPRM 09/26/02 
(67 FR 60625)  NPRM Comment Period End 11/25/02  Final Rule 12/00/02

Anti-Money Laundering Programs for Loan & Finance Companies  NPRM 11/
00/02

Anti-Money Laundering Programs for Money Services Businesses  Interim 
Final Rule 04/29/02 (67 FR 21114)  Interim Final Rule Comment Period 
End 05/29/02  Final Action 12/00/02

Anti-Money Laundering Programs for Mutual Funds  Interim Final Rule 04/
29/02 (67 FR 21117)  Interim Final Rule Comment Period End 05/29/
02  Final Action 12/00/02

[[Page 75010]]

Anti-Money Laundering Programs for Operators of a Credit Card 
System  Interim Final Rule 04/29/02 (67 FR 21121)  Interim Final Rule 
Comment Period End 05/29/02  Final Action 12/00/02

Anti-Money Laundering Programs for Unregistered Investment 
Companies  NPRM 09/26/02 (67 FR 60617)  NPRM Comment Period End 11/25/
02  Final Rule 12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA28
_______________________________________________________________________

2475. [bull] FINANCIAL CRIMES ENFORCEMENT NETWORK; AMENDMENT TO THE BANK 
SECRECY ACT REGULATIONS--REQUIREMENT THAT CURRENCY EXCHANGERS REPORT 
SUSPICIOUS TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(g)

CFR Citation: 31 CFR 103.20

Legal Deadline: None

Abstract: This NPRM proposes to require currency exchangers to report 
suspicious transactions to the Department of the Treasury. The 
amendments constitute a further step in the creation of a comprehensive 
systems (to which other money services businesses are already subject) 
for the reporting of suspicious transactions by financial institutions. 
Such a system is a core component of the counter-money laundering 
strategy of the Department of the Treasury.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/17/02                    67 FR 64075
NPRM Comment Period End         12/16/02
Final Rule                      01/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA34
_______________________________________________________________________

2476. [bull] FINANCIAL CRIMES ENFORCEMENT NETWORK; AMENDMENT TO THE BANK 
SECRECY ACT REGULATIONS REQUIREMENT THAT INSURANCE COMPANIES REPORT 
SUSPICIOUS TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1829b; 12 USC 1951 to 1959; 31 USC 5311 to 5332

CFR Citation: 31 CFR 103.16

Legal Deadline: None

Abstract: This NPRM proposes to require insurance companies to report 
suspicious transactions to the Department of the Treasury. The 
amendments constitute a further step in the creation of a comprehensive 
system for the reporting of suspicious transactions by the major 
categories of financial institutions operating in the U.S. as a part of 
the counter-money laundering program of the Department of the Treasury.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/17/02                    67 FR 64067
NPRM Comment Period End         12/16/02
Final Rule                      01/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA36
_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
Financial Crimes Enforcement Network (FINCEN)
_______________________________________________________________________

2477. 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                    06/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA15
_______________________________________________________________________

2478. 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

[[Page 75011]]

businesses from the requirement to report transactions in currency in 
excess of $10,000. The interim rule is part of a continuing program to 
reduce unnecessary burdens upon financial institutions complying with 
the Bank Secrecy Act and increase the cost-effectiveness of the 
counter-money laundering policies of the Department of the Treasury.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              07/28/00                    65 FR 46356
Interim Final Rule Effective    07/31/00
Interim Final Rule Comment 
Period End                      09/26/00
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA23
_______________________________________________________________________

2479. AMENDMENT TO THE BANK SECRECY ACT REGULATIONS--REQUIREMENT THAT 
NONFINANCIAL TRADES OR BUSINESSES REPORT CERTAIN CURRENCY TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1829b; 12 USC 1951 to 1959; 31 USC 5311 et 
seq.; PL 107-56

CFR Citation: 31 CFR 103.30

Legal Deadline: Final, Statutory, April 26, 2002, Interim rule 
published 12/31/2001.

Abstract: This document contains an interim rule amending the Bank 
Secrecy Act regulations to require certain persons to report currency 
received in the course of their trade or business.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/31/01                    66 FR 67685
NPRM Comment Period End         03/01/02
Interim Final Rule              12/31/01                    66 FR 67680
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA25
_______________________________________________________________________

2480. [bull] DUE DILIGENCE REQUIREMENTS FOR CORRESPONDENT ACCOUNTS AND 
PRIVATE BANKING ACCOUNTS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 31 USC 5318(i)

CFR Citation: 31 CFR 103.175-103.178

Legal Deadline: Final, Statutory, July 23, 2002, PL 107-56, sec 312.

Abstract: Section 5318(i) of title 31, U.S. Code, added by section 312 
of the Uniting and Strengthening America by Providing Appropriate Tools 
Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act) of 
2001 requires U.S. financial institutions to establish due diligence 
policies, procedures, and controls reasonably designed to detect and 
report money laundering through correspondent accounts and private 
banking accounts that U.S. financial institutions establish or maintain 
for non-U.S. persons. Section 312 takes effect on July 23, 2002, 
whether or not Treasury has issued a final rule implementing that 
provision.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/30/02                    67 FR 37736
NPRM Comment Period End         07/01/02
Interim Final Rule              07/23/02                    67 FR 48347
Interim Final Rule Effective    07/23/02
Interim Final Rule Comment 
Period End                      08/22/02
Final Action                    11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA29
_______________________________________________________________________

2481. [bull] CUSTOMER IDENTIFICATION PROGRAMS FOR BANKS, SAVINGS 
ASSOCIATIONS, AND CREDIT UNIONS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(l)

CFR Citation: 31 CFR 103.121

Legal Deadline: Final, Statutory, October 25, 2002, PL 107-56, sec 352.

Abstract: This NPRM proposes to require banks, savings associations, 
and credit unions to establish written customer identification 
programs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/23/02                    67 FR 48290
NPRM Comment Period End         09/06/02
Final Action                    11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA31
_______________________________________________________________________

2482. [bull] CUSTOMER IDENTIFICATION PROGRAM FOR BROKER-DEALERS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(l)

CFR Citation: 31 CFR 103.122

Legal Deadline: Final, Statutory, October 25, 2002, PL 107-56, sec 352.

Abstract: This NPRM proposes to require securities broker-dealers to 
establish written customer identification programs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/23/02                    67 FR 48206
NPRM Comment Period End         09/06/02
Final Action                    11/00/02

Regulatory Flexibility Analysis Required: No

[[Page 75012]]

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA32
_______________________________________________________________________

2483. [bull] CUSTOMER IDENTIFICATION PROGRAM FOR MUTUAL FUNDS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(l)

CFR Citation: 31 CFR 103.131

Legal Deadline: Final, Statutory, October 25, 2002, PL 107-56, sec 352.

Abstract: This NPRM proposes to require mutual funds to establish 
written customer identification programs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/23/02                    67 FR 48318
NPRM Comment Period End         09/06/02
Final Action                    11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA33
_______________________________________________________________________
Department of the Treasury (TREAS)                    Long-Term Actions
Financial Crimes Enforcement Network (FINCEN)
_______________________________________________________________________

2484. 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: Office of the Chief Counsel
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA19
_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
Financial Crimes Enforcement Network (FINCEN)
_______________________________________________________________________

2485. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS 
ACTIVITY REPORTING--BROKER/DEALERS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/01/02                    67 FR 44048

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA21
_______________________________________________________________________

2486. AMENDMENTS TO THE BANK SECRECY ACT REGULATIONS--SUSPICIOUS 
ACTIVITY REPORTING--CASINOS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/26/02                    67 FR 60722

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA22
_______________________________________________________________________

2487. FINANCIAL CRIMES ENFORCEMENT NETWORK; SPECIAL INFORMATION SHARING 
PROCEDURES TO DETER MONEY LAUNDERING AND TERRORIST ACTIVITY

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103.90; 31 CFR 103.110

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/26/02                    67 FR 60579

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA27

[[Page 75013]]

_______________________________________________________________________

2488. [bull] NOTICE OF WITHDRAWAL OF EXEMPTION

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 5318(a)(6); 31 CFR 103.86

CFR Citation: None

Legal Deadline: None

Abstract: This notice rescinded an exemption from the provisions of the 
Bank Secrecy Act regulations granted in 1972 to persons required to 
register as brokers or dealers in securities (``broker-dealers'') 
solely to permit the sale of variable annuities contracts issued by 
life insurance companies. Such entities must now comply with Bank 
Secrecy Act regulations with respect to activity requiring the company 
to register with the Securities Exchange Commission as a broker-dealer.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/24/02                    67 FR 48388
Final Action Effective          08/23/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel, Department of the 
Treasury, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 
22183
Phone: 703 905-3590
Fax: 703 905-3735

RIN: 1506-AA30
_______________________________________________________________________

2489. COUNTER MONEY LAUNDERING REQUIREMENTS--CORRESPONDENT ACCOUNTS; 
FOREIGN SHELL BANKS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 103

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      09/26/02                    67 FR 60562

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Office of the Chief Counsel
Phone: 703 905-3590
Fax: 703 905-3735

Related RIN: Previously reported as 1505-AA87
RIN: 1506-AA35
BILLING CODE 4820-02-S
_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
Financial Management Service (FMS)
_______________________________________________________________________

2490. 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
NPRM III                        12/00/02
Interim Final Rule              12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Agency Contact: Ronald E. Brooks, Senior Program and Policy Analyst, 
Financial Operations, Department of the Treasury, Financial Management 
Service, Room 725-D, 3700 East-West Highway, Hyattsville, MD 20782
Phone: 202 874-7573
Email: ronald.brooks@fms.treas.gov

RIN: 1510-AA45
_______________________________________________________________________

2491. 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

[[Page 75014]]

fraudulently cashed, receive replacement checks in a timely manner.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Ella White, Program Analyst, Department of the 
Treasury, Financial Management Service, Room 8D25, 3700 East-West 
Highway, Hyattsville, MD 20782
Phone: 202 874-8445

RIN: 1510-AA51
_______________________________________________________________________

2492. 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 that 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 11/00/02  Final Action 06/00/03

Treasury Tax and Loan Rate of Interest  NPRM 07/30/99 (64 FR 
41747)  NPRM Comment Period End 09/28/99  Final Action 03/15/02 (67 FR 
11573)

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: walt.henderson@fms.treas.gov

RIN: 1510-AA79
_______________________________________________________________________

2493. 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                            11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

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

RIN: 1510-AA86
_______________________________________________________________________

2494. WITHHOLDING OF DISTRICT OF COLUMBIA, STATE, CITY AND COUNTY INCOME 
OR EMPLOYMENT TAXES BY FEDERAL AGENCIES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 5516; 5 USC 5517; 5 USC 5520; EO 1197, sec 4

CFR Citation: 31 CFR 215

Legal Deadline: None

Abstract: This regulation governs the agreements entered into by the 
Department of the Treasury and State and local governments for the 
withholding of State and local income taxes from the compensation of 
Federal employees.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal, State, Local

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

RIN: 1510-AA90

[[Page 75015]]

_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
Financial Management Service (FMS)
_______________________________________________________________________

2495. 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                    11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

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

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: walt.henderson@fms.treas.gov

RIN: 1510-AA48
_______________________________________________________________________

2496. 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 procedures for securing payment 
for money judgments against the United States. The proposed revision 
will update these procedures. This revision will benefit claimants and 
others in understanding the judgment payment process. This regulation 
currently describes a process that involves the General Accounting 
Office (GAO) and the Treasury Department. The revision will remove 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. These revisions will make the regulation 
consistent with current procedures for securing payment of 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                    09/00/03

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: wanda.rogers@fms.treas.gov

RIN: 1510-AA52
_______________________________________________________________________

2497. 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              11/00/02

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
_______________________________________________________________________

2498. 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                    11/00/02

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
_______________________________________________________________________

2499. 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.

[[Page 75016]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/20/99                    64 FR 71233
Interim Final Rule              12/20/99                    64 FR 71227
Final Action                    11/00/02

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
_______________________________________________________________________

2500. 2003 ACH RULES

Priority: Other Significant

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

CFR Citation: 31 CFR 210

Legal Deadline: None

Abstract: This revision of 31 CFR part 210 will reconcile Government 
Automated Clearing House (ACH) regulations and private industry rules, 
as set forth by the National Automated Clearing House Association, by 
updating the incorporation of certain industry rules into Federal law 
for the year 2003.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              01/00/03

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: walt.henderson@fms.treas.gov

RIN: 1510-AA89
_______________________________________________________________________
Department of the Treasury (TREAS)                    Long-Term Actions
Financial Management Service (FMS)
_______________________________________________________________________

2501. 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
_______________________________________________________________________

2502. PUBLIC DISSEMINATION OF IDENTITY OF DELINQUENT DEBTORS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 285.14

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Agency Contact: Gerry Isenberg
Phone: 202 874-6660

RIN: 1510-AA72
_______________________________________________________________________

2503. SURETY BOND REIMBURSEMENT FUND

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

CFR Citation: 31 CFR 223

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Wanda Rogers
Phone: 202 874-8380
Email: wanda.rogers@fms.treas.gov

RIN: 1510-AA85
_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
Financial Management Service (FMS)
_______________________________________________________________________

2504. RULES AND PROCEDURES FOR EFFICIENT FEDERAL-STATE FUNDS TRANSFERS

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 205

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/10/02                    67 FR 31880

Regulatory Flexibility Analysis Required: No

Government Levels Affected: State, Federal

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

Agency Contact: Stephen Kenneally
Phone: 202 874-6799
Email: stephen.kenneally@fms.treas.gov

RIN: 1510-AA38
BILLING CODE 4810-35-S

[[Page 75017]]

_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
_______________________________________________________________________

ALCOHOL
____________________________________________________
2505. EXPORTATION OF LIQUORS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 252

Legal Deadline: None

Abstract: ATF proposes the recodification of 27 CFR part 252 to part 28 
to eliminate obsolete or unnecessary rules and forms and streamline 
export processing, while providing adequate protection for the revenue.

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                            12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joanne Brady, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 215 597-5288

RIN: 1512-AA98
_______________________________________________________________________

2506. REVISION OF BREWERY REGULATIONS AND ISSUANCE OF REGULATIONS FOR 
TAVERNS ON BREWERY PREMISES (BREWPUBS)

 Regulatory Plan: This entry is Seq. No. 112 in part II of this issue 
of the Federal Register.

RIN: 1512-AB37
_______________________________________________________________________

2507. PROHIBITION OF ALCOHOL BEVERAGE CONTAINERS AND STANDARD OF FILL 
FOR DISTILLED SPIRITS AND WINE

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

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

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/09/99                     64 FR 6486
NPRM Comment Period End         04/12/99
Revised NPRM-Aggregate Packaging03/00/03
Revised NPRM-Deceptive Packaging03/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 5000, 
Regulations Division, 650 Massachusetts Avenue NW., Washington, DC 
20226
Phone: 202 927-9347
Fax: 202 927-8525
Email: lmgesser@atfhq.atf.treas.gov

RIN: 1512-AB89
_______________________________________________________________________

2508. AMENDED STANDARD OF IDENTITY FOR SHERRY

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

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
Email: mdruhf@atfhq.atf.treas.gov

RIN: 1512-AB96
_______________________________________________________________________

2509. FLAVORED MALT BEVERAGES

Priority: Substantive, Nonsignificant

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

CFR Citation: 27 CFR 7; 27 CFR 25

Legal Deadline: None

Abstract: ATF issued ATF Rulings 96-1 and 2002-2 to address production 
and labeling of flavored malt beverages. ATF is studying the issue of 
flavored malt beverages and is considering rulemaking to address 
production, identity, labeling, formulation, and tax issues.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02
NPRM Comment Period End         02/00/03
Final Action                    09/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Charles N. Bacon, Program Manager, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 701, 10 
Causeway Street, Boston, MA 02222
Phone: 617 557-1323
Fax: 617 557-1251
Email: cnbacon@bost.atf.treas.gov

RIN: 1512-AC11
_______________________________________________________________________

2510. 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.

[[Page 75018]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           05/22/01                    66 FR 28135
ANPRM Comment Period End        08/20/01
NPRM                            12/00/02

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
_______________________________________________________________________

2511. PRODUCTION OF DRIED FRUIT AND HONEY 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                            12/00/02

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-AC48
_______________________________________________________________________

2512. 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. 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                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

RIN: 1512-AC53
_______________________________________________________________________

2513. 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 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 and 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

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
Phone: 415 947-5192

RIN: 1512-AC60
_______________________________________________________________________

2514. 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 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

RIN: 1512-AC62

[[Page 75019]]

_______________________________________________________________________

2515. 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 is correcting a 
technical error in 27 CFR 4.22(b) regarding the ameliorating of non-
grape wines.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/03/02                    67 FR 61998
NPRM Comment Period End         12/02/02
Final Action                    03/00/03

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
_______________________________________________________________________

2516. PETITION TO ESTABLISH RED HILLS AMERICAN VITICULTURAL AREA

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

Abstract: This proposed viticultural area of northern California lies 
within the Clear Lake viticultural area in Lake County, which is 
entirely within the multi-county North Coast viticultural area. The 
area consists of approximately 31,250 acres of hilly terrain covered 
with rocky, volcanic soil.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

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
Phone: 415 947-5192

RIN: 1512-AC66
_______________________________________________________________________

2517. PETITION TO ESTABLISH ``SENECA LAKE'' AS AN AMERICAN 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 is requesting 
comments from interested parties concerning the proposed establishment 
of ``Seneca Lake'' as an American viticultural area. The proposed 
Seneca Lake viticultural area encompasses about 204,600 acres of land 
surrounding Seneca Lake in upstate New York. The proposed area is 
located within the approved Finger Lakes viticultural area.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/21/02                    67 FR 64575
NPRM Comment Period End         12/20/02
Final Action                    04/00/03

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-AC70
_______________________________________________________________________

2518. PETITION TO ESTABLISH ``BENNETT VALLEY'' AS AN AMERICAN 
VITICULTURAL AREA

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

Abstract: The proposed 8,100-acre viticultural area is located entirely 
within the North Coast viticultural area of northern California, Sonoma 
County, and predominantly within the Sonoma Valley viticultural area. 
There are small overlaps into the Sonoma Coast and Sonoma Mountain 
viticultural areas. The petitioned area is approximately 40 miles 
northeast of San Francisco and is bordered by mountains, foothills, and 
the City of Santa Rosa. Currently, there are 650 acres of vineyards.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

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
Phone: 415 947-5192

RIN: 1512-AC72
_______________________________________________________________________

2519. PETITION FOR THE ESTABLISHMENT OF ``RED HILL'' AS AN AMERICAN 
VITICULTURAL AREA

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 205(e)

CFR Citation: 27 CFR 9

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms has received a 
petition proposing the establishment of ``Red Hill'' as an American 
viticultural area located within the State of Oregon. The proposed 
viticultural area consists of approximately 1,668 acres or 8.6 square 
miles.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

RIN: 1512-AC76

[[Page 75020]]

_______________________________________________________________________

2520. PETITION TO CHANGE THE TEMECULA VITICULTURAL AREA'S NAME TO 
TEMECULA VALLEY

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

Abstract: The proposed name change from Temecula to Temecula Valley is 
intended to provide a more accurate portrayal of the viticultural area, 
geographically and politically, and to provide clarity to wine 
consumers. The boundaries will not change.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/21/02                    67 FR 64573
NPRM Comment Period End         12/20/02
Final Action                    04/00/03

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
Phone: 415 947-5192

RIN: 1512-AC77
_______________________________________________________________________

2521. [bull] PETITION TO ESTABLISH ``EOLA HILLS'' AS A NEW AMERICAN 
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 has received a 
petition proposing the establishment of ``Eola Hills'' as a new 
American viticultural area in Oregon.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

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-AC78
_______________________________________________________________________

2522. [bull] PROPOSED ADDITION OF ``MOSCATO GRECO'' 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: The Bureau of Alcohol, Tobacco and Firearms has received a 
petition proposing to add a new name, ``Mosquito Greco,'' to the list 
of grape variety names used to designate American wines.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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-AC79
_______________________________________________________________________

2523. [bull] PETITION TO ESTABLISH ``COLUMBIA GORGE'' AS A NEW AMERICAN 
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 has received a 
petition proposing the establishment of the ``Columbia Gorge'' 
viticultural area located in Hood River and Wasco Counties, Oregon and 
Skamania and Klickitat Counties, Washington. The area is approximately 
280 square miles covering 179,200 acres with 284 acres presented 
planted to wine grapes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 503 356-1341

RIN: 1512-AC81
_______________________________________________________________________

2524. [bull] PETITION TO ESTABLISH ``ALEXANDRIA LAKES'' AS A NEW 
AMERICAN 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 proposes to 
establish ``Alexandria Lakes'' as a new American viticultural area. The 
proposed area is located in Douglas County, Minnesota. This proposal is 
a result of a petition filed by Robert G. Johnson on behalf of Carlos 
Creek Winery.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa M. Gesser, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., Room 5000, Washington, DC 20226
Phone: 202 927-9347
Fax: 202 927-8525
Email: lmgesser@atfhq.atf.treas.gov

RIN: 1512-AC85
_______________________________________________________________________

2525. [bull] PETITION TO ESTABLISH ``RED HILLS OF DUNDEE'' AS A NEW 
AMERICAN 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 has received a 
petition from the North Willamette Valley AVA Group proposing to 
establish the ``Red Hills of Dundee''

[[Page 75021]]

American viticultural area in Yamhill County, Oregon. This petitioned 
viticultural area has 6,490 acres, with 1,264 acres planted to wine 
grapes, and is on the north side of the Willamette Valley viticultural 
area in northwest Oregon.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/03

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
Phone: 415 947-5192

RIN: 1512-AC91
_______________________________________________________________________

2526. [bull] PETITION TO ESTABLISH ``SANTA MARIA BENCH'' AS A NEW 
AMERICAN 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 received a 
petition from Cambria Winery and Vineyard proposing to establish the 
``Santa Maria Bench'' viticultural area in Santa Barbara County, 
California. The petitioned viticultural area has 3,200 acres, with 
1,500 acres planted to wine grapes, and is within the established Santa 
Maria and the Central Coast viticultural areas.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/00/03

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
Phone: 415 947-5192

RIN: 1512-AC93
_______________________________________________________________________

2527. [bull] PETITION TO ESTABLISH ``GRAND LAKE O' THE CHEROKEES'' AS A 
NEW AMERICAN 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 received a 
petition proposing ``Grand Lake O' the Cherokees'' as a new American 
viticultural area in Oklahoma. The proposed area is located in the 
northeastern region of the State. The proposed viticultural area 
encompasses Craig and portions of Ottawa, Delaware, and Hayes Counties.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

RIN: 1512-AC97
_______________________________________________________________________

2528. [bull] PETITION TO ESTABLISH ``SNAKE RIVER VALLEY'' AS A NEW 
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 received a 
petition proposing ``Snake River Valley'' as a new American 
viticultural area located in the States of Idaho and Washington.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

RIN: 1512-AC98
_______________________________________________________________________

2529. [bull] PETITION TO EXPAND THE LIVERMORE VALLEY 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 received a 
petition proposing to expand the boundaries of approved American 
viticultural area ``Livermore Valley'' located in the State of 
California. The proposed expanded boundaries encompass approximately 
259,000 acres, of which 4,355 acres are devoted to vineyards. The 
expansion would add approximately 163,000 acres, 120 acres of vineyards 
and four wineries to the area.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

Related RIN: Related To 1512-AD00
RIN: 1512-AC99
_______________________________________________________________________

2530. [bull] SAN FRANCISCO BAY AND CENTRAL COAST VITICULTURAL AREAS--
BOUNDARY REALIGNMENT/EXPANSION

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 9

Legal Deadline: None

[[Page 75022]]

Abstract: The Bureau of Alcohol, Tobacco and Firearms received a 
petition proposing an expansion/realignment of the boundaries of 
approved American viticultural areas ``San Francisco Bay'' and 
``Central Coast'' located in the State of California. In total, the 
proposed expanded boundaries encompass approximately 20,000 acres.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

Related RIN: Related To 1512-AC99
RIN: 1512-AD00
_______________________________________________________________________

2531. [bull] PETITION TO ESTABLISH ``UPPER ARROYO GRANDE'' AS A NEW 
AMERICAN 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 received a 
petition proposing the establishment of ``Upper Arroyo Grande,'' 
located in the State of California, as a new American viticultural 
area.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

RIN: 1512-AD01
_______________________________________________________________________

2532. [bull] PETITION TO ESTABLISH ``CHEHALEM MOUNTAINS'' AS A NEW 
AMERICAN 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 has received a 
petition proposing the establishment of the ``Chehalem Mountains'' 
viticultural area located in Yamhill, Washington, and Clackamas 
Counties, Oregon.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 503 356-1341

RIN: 1512-AD02
_______________________________________________________________________

2533. [bull] PETITION TO ESTABLISH ``RIBBON RIDGE'' AS A NEW AMERICAN 
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 has received a 
petition proposing the establishment of the ``Ribbon Ridge'' 
viticultural area located in the northern part of Yamhill County, 
Oregon between Newberg and Gaston.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 503 356-1341

RIN: 1512-AD03
_______________________________________________________________________

2534. [bull] PETITION TO ESTABLISH ``YAMHILL-CARLTON DISTRICT'' AS A NEW 
AMERICAN 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 has received a 
petition proposing the establishment of the ``Yamhill-Carlton 
District'' viticultural area. The proposed area falls within the 
approved boundaries of the Willamette Valley viticultural area in 
northwest Oregon.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bernard J. Kipp, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 503 356-1341

RIN: 1512-AD04
_______________________________________________________________________

EXPLOSIVES
____________________________________________________
2535. COMMERCE IN EXPLOSIVES (INCLUDING EXPLOSIVES IN THE FIREWORKS 
INDUSTRY) (RULEMAKING RESULTING FROM A SECTION 610 REVIEW)

 Regulatory Plan: This entry is Seq. No. 113 in part II of this issue 
of the Federal Register.

RIN: 1512-AB48
_______________________________________________________________________

2536. 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

[[Page 75023]]

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 on 
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                            10/16/02                    67 FR 63862
NPRM Comment Period End         01/14/03
Final Action                    06/00/03

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
_______________________________________________________________________

2537. [bull] COMMERCE IN EXPLOSIVES--EXPLOSIVE PEST CONTROL DEVICES

Priority: Substantive, Nonsignificant

Legal Authority: 18 USC 847

CFR Citation: 27 CFR 55

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms is proposing to 
amend the explosive regulations to provide a limited exemption from the 
requirements of part 55 for wildlife pest control devices that are used 
for agricultural and other pest control operations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

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-AC80
_______________________________________________________________________

FIREARMS
____________________________________________________
2538. 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                            02/00/03

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
_______________________________________________________________________

2539. IMPLEMENTATION OF PUBLIC LAW 105-277 RELATING TO SECURE GUN 
STORAGE

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 552(a); 18 USC 847; 18 USC 421 to 430; 44 USC 
3504(h)

CFR Citation: 27 CFR 178

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms will issue a 
notice of proposed rulemaking amending the regulations to implement the 
provisions of Public Law 105-277, Making Omnibus Consolidated and 
Emergency Supplemental Appropriations for Fiscal Year 1999. Regulations 
are proposed with regard to: 1) certification by applicants for 
dealers' licenses that secure gun storage or safety devices will be 
available at any place where firearms are sold to nonlicensed 
individuals; and 2) an amended definition of ``antique firearm,'' to 
include certain muzzle loading firearms.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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

Related RIN: Related To 1512-AB93
RIN: 1512-AC67
_______________________________________________________________________

PROCEDURAL
____________________________________________________
2540. [bull] ELECTRONIC SIGNATURES; ELECTRONIC SUBMISSION OF ATF FORMS 
(2000R-458P)

Priority: Other Significant

Legal Authority: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms proposes to amend 
the regulations to permit industry members to use electronic technology 
to reduce the need for and storage of paper documents. In order to 
accomplish our goals, we are proposing to allow industry members to: 
(1) use electronic signatures to sign certain ATF forms instead of 
using traditional handwritten signatures; and (2) submit certain forms 
to ATF electronically through an electronic document receiving system 
that we approve.

[[Page 75024]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lisa M. Gesser, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., Room 5000, Washington, DC 20226
Phone: 202 927-9347
Fax: 202 927-8525
Email: lmgesser@atfhq.atf.treas.gov

RIN: 1512-AC84
_______________________________________________________________________

TOBACCO PRODUCTS
____________________________________________________
2541. DETERMINATION OF TAX AND RECORDKEEPING ON LARGE CIGARS

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 5701; 27 USC 5702

CFR Citation: 27 CFR 40; 27 CFR 275

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC22
_______________________________________________________________________

2542. REGULATORY CHANGES FROM CUSTOMS SERVICE FINAL RULE (2001R-140T)

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 a 
U.S. Customs Service (USCS) final rule (T.D. 92-181, 57 FR 37692). The 
USCS published this final rule to create a separate class of customs 
bonded warehouses, class 9 (duty-free store). A class 9 customs bonded 
warehouse (duty-free store) may receive tobacco products or cigarette 
papers or tubes without payment of Federal excise tax. The temporary 
rule prescribes the regulations that allow a manufacturer of tobacco 
products or cigarette papers and tubes and an export warehouse 
proprietor to send such articles to a class 9 customs bonded warehouse. 
In addition, the temporary rule prescribes regulations that allow a 
proprietor of a customs bonded manufacturing warehouse where cigars are 
manufactured to send such cigars to a class 9 customs bonded warehouse. 
This notice of proposed rulemaking invites comments on the temporary 
rule.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02
Interim Final Rule              12/00/02

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
_______________________________________________________________________

2543. 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                            12/00/02

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-AC57
_______________________________________________________________________

2544. REMOVAL OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES WITHOUT 
PAYMENT OF TAX FOR USE OF THE UNITED STATES

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 45

Legal Deadline: None

Abstract: This proposed rule revises, in plain language, the existing 
regulations relating to the removal of tobacco products and cigarette 
papers and tubes, without payment of tax, for use of the United States. 
ATF is proposing this rule to clearly communicate the requirements of 
these regulations. In addition, we are liberalizing the requirements 
for emergency variations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

[[Page 75025]]

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-AC75
_______________________________________________________________________

2545. [bull] MARKS, LABELS, NOTICES AND BONDS FOR, AND REMOVAL OF, 
TOBACCO PRODUCTS, AND CIGARETTE PAPERS AND TUBES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5704; 26 USC 7805

CFR Citation: 27 CFR 40; 27 CFR 275

Legal Deadline: None

Abstract: This notice of proposed rulemaking requires labels, notices 
and marks for removals, in bond, of tobacco products or cigarette 
papers and tubes that are not in packages. This notice proposes new 
sections that prohibit the removal of tobacco products or cigarette 
papers or tubes which are not in packages for domestic uses. Packages 
are the immediate containers in which a manufacturer or importer places 
the tobacco products or cigarette papers or tubes for sale or delivery 
to the consumer. Also, this notice broadens the language for extending 
bonds so that manufacturers may receive tobacco products, cigarette 
papers and tubes, without payment of tax, from Puerto Rico. This notice 
may affect the operations conducted by manufacturers of tobacco 
products or cigarette papers and tubes and importers of tobacco 
products.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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-AC90
_______________________________________________________________________

2546. [bull] IN-TRANSIT STOPS OF TOBACCO PRODUCTS, AND CIGARETTE PAPERS 
AND TUBES, AND RELATED RECORDS, WITHOUT PAYMENT OF TAX

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5704

CFR Citation: 27 CFR 40; 27 CFR 44

Legal Deadline: None

Abstract: This notice is the result of a petition from the Cigar 
Association of America and the Pipe Tobacco Council. The petition 
requests that ATF change its position regarding in-transit stops of 
tobacco products or cigarette papers and tubes after removal without 
payment of tax from a factory. ATF has taken the position that the law 
provides that manufacturers may remove the tobacco products and 
cigarette papers and tubes by paying the excise tax and subsequently 
filing a claim for drawback. This notice proposes clarifying the 
regulations to recognize such in-transit stops and specifies records 
that manufacturers and export warehouse proprietors maintain relating 
to the removals without payment of tax.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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-AC95
_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
Bureau of Alcohol, Tobacco and Firearms (BATF)
_______________________________________________________________________

ALCOHOL
____________________________________________________
2547. 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                    02/00/03

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
_______________________________________________________________________

2548. DISTILLED SPIRITS PLANT REGULATORY INITIATIVE PROPOSAL

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

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

Legal Deadline: None

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

[[Page 75026]]

as possible, on proprietors' own recordkeeping methods.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/30/98                    63 FR 65720
NPRM Comment Period End         01/29/99
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joanne Brady, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 215 597-5288

RIN: 1512-AB58
_______________________________________________________________________

2549. 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                    06/00/03

Regulatory Flexibility Analysis Required: 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
Email: mdruhf@atfhq.atf.treas.gov

RIN: 1512-AB65
_______________________________________________________________________

2550. 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              06/00/03

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
Email: mdruhf@atfhq.atf.treas.gov

RIN: 1512-AB74
_______________________________________________________________________

2551. 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                    11/00/02

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
_______________________________________________________________________

2552. [bull] PETITION TO PROPOSE ``YADKIN VALLEY'' AS A NEW AMERICAN 
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 received a 
petition proposing ``Yadkin Valley'' as a new American viticultural 
area in North Carolina. The proposed area consists of approximately 
1,321,000 acres encompassing all of Surry, Wilkes, Yadkin, and portions 
of Stokes, Forsyth and Davie Counties.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/07/02                     67 FR 5756
NPRM Comment Period End         04/08/02
Final Action                    11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

[[Page 75027]]

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

Related RIN: Previously reported as 1512-AA07
RIN: 1512-AC82
_______________________________________________________________________

2553. [bull] ORGANIC CLAIMS IN LABELING AND ADVERTISING OF ALCOHOL 
BEVERAGES

Priority: Info./Admin./Other

Legal Authority: 27 USC 205

CFR Citation: 27 CFR 4; 27 CFR 5; 27 CFR 7; 27 CFR 13

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms plans to amend 
its alcohol beverage labeling rules to cross-reference the United 
States Department of Agriculture's National Organic Program (NOP) 
rules. The mandatory compliance date for the NOP rules is October 21, 
2002. ATF will request comments on the temporary rule in an associated 
notice of proposed rulemaking.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/08/02                    67 FR 62860
Temporary Rule                  10/08/02                    67 FR 62856
Final Action                    04/00/03

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
Email: mdruhf@atfhq.atf.treas.gov

RIN: 1512-AC87
_______________________________________________________________________

2554. [bull] BREWERY FORMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 5401; 26 USC 5555

CFR Citation: 27 CFR 25

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms (ATF) has revised 
the operational report form for breweries and created a new operations 
report form for small breweries and brewpubs. ATF has also created new 
bond forms for use by brewers. These new bond forms are for use when a 
security is posted as the bond in lieu of a corporate surety. Amended 
regulations will reference these new forms in 27 CFR 25.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Charles N. Bacon, Program Manager, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 701, 10 
Causeway Street, Boston, MA 02222
Phone: 617 557-1323
Fax: 617 557-1251
Email: cnbacon@bost.atf.treas.gov

RIN: 1512-AC88
_______________________________________________________________________

2555. [bull] PETITION TO ESTABLISH ``OAK KNOLL DISTRICT'' AS A NEW 
AMERICAN 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 is proposing the 
establishment of the ``Oak Knoll District'' viticultural area in Napa 
County, California. This action is in response to a petition by the Oak 
Knoll District Committee.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/09/02                    67 FR 45437
NPRM Comment Period End         09/09/02
Final Action                    01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Joanne Brady, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 215 597-5288

Related RIN: Previously reported as 1512-AA07
RIN: 1512-AC89
_______________________________________________________________________

FIREARMS
____________________________________________________
2556. 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 
licensees 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                    02/00/03

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
_______________________________________________________________________

2557. 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)

[[Page 75028]]

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 firearms 
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 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                    03/00/03

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
_______________________________________________________________________

2558. 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 notice of proposed rulemaking 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                            11/15/01                    66 FR 57404
NPRM Comment Period End         02/13/02
Final Rule                      02/00/03

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
_______________________________________________________________________

2559. 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.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/05/02                     67 FR 5428
Interim Final Rule              02/05/02                     67 FR 5422
Interim Final Rule Comment 
Period End                      05/06/02
Final Rule                      03/00/03

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
_______________________________________________________________________

2560. 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                    03/00/03

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

[[Page 75029]]

_______________________________________________________________________

PROCEDURAL
____________________________________________________
2561. 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                            06/27/02                    67 FR 43496
NPRM Comment Period Extended    08/22/02                    67 FR 54388
NPRM Comment Period End         08/26/02
NPRM Comment Period End         09/25/02
Final Action                    12/00/02
Final Action Effective          01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Charles N. Bacon, Program Manager, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, Room 701, 10 
Causeway Street, Boston, MA 02222
Phone: 617 557-1323
Fax: 617 557-1251
Email: cnbacon@bost.atf.treas.gov

RIN: 1512-AC10
_______________________________________________________________________

2562. DELEGATION OF AUTHORITY FOR PART 70

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 70

Legal Deadline: None

Abstract: This final rule references an additional ATF order, ATF Order 
1130.32, for delegating certain ATF authorities contained in its 
Procedure and Administration regulations. ATF Order 1130.32 delegates 
the authority to accept or reject offers in compromise other than 
forfeiture to the appropriate ATF officer. A previous final rule (T.D. 
ATF-450, 66 FR 29021) referenced only ATF Order 1130.19. ATF Order 
1130.19 delegates all other authorities in its Procedure and 
Administration regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      12/00/02

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-AC74
_______________________________________________________________________

2563. [bull] ELIMINATE REQUIREMENT TO ENROLL TO PRACTICE BEFORE THE 
BUREAU

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 330

CFR Citation: 31 CFR 8

Legal Deadline: None

Abstract: The Bureau of Alcohol, Tobacco and Firearms will published a 
final rule (Treasury Decision) to eliminate the requirement to enroll 
to practice before the Bureau.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Timothy P. DeVanney, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms, 650 Massachusetts 
Avenue NW., RM 5000, Washington, DC 20226
Phone: 202 927-8196
Fax: 202 927-8525

RIN: 1512-AC96
_______________________________________________________________________

TOBACCO PRODUCTS
____________________________________________________
2564. TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES SHIPPED FROM 
PUERTO RICO TO THE UNITED STATES

Priority: Substantive, Nonsignificant

Legal Authority: 27 USC 5701; 27 USC 7652

CFR Citation: 27 CFR 275

Legal Deadline: None

Abstract: This temporary rule eliminates ATF onsite supervision of 
tobacco products and cigarette papers and tubes of Puerto Rican 
manufacture that are shipped from Puerto Rico to the United States. It 
also eliminates related ATF forms. This rule requires that persons who 
ship such articles maintain records so that the amount of tax is 
calculated and recorded for ATF audit and examination. Also, this 
temporary rule revises certain sections to simplify and clarify, and it 
corrects a few errors.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/08/01                    66 FR 13864
Interim Final Rule              03/08/01                    66 FR 13849
NPRM Comment Period End         05/07/01                    66 FR 13864
Final Action                    11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1512-AC24
_______________________________________________________________________

2565. 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 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                    01/00/03

Regulatory Flexibility Analysis Required: No

[[Page 75030]]

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Nancy Sutton, ATF Specialist, Department of the 
Treasury, 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
____________________________________________________
2566. 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
Second NPRM                      To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Bernard J. Kipp
Phone: 503 356-1341

RIN: 1512-AB17
_______________________________________________________________________

2567. 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: Bernard J. Kipp
Phone: 503 356-1341

RIN: 1512-AC09
_______________________________________________________________________

2568. 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: mdruhf@atfhq.atf.treas.gov

RIN: 1512-AC17
_______________________________________________________________________

2569. LIQUOR DEALERS; RECODIFICATION OF REGULATIONS

Priority: Info./Admin./Other

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

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: Karl Joedicke
Phone: 202 927-7460

RIN: 1512-AC45
_______________________________________________________________________

2570. DELEGATION OF AUTHORITY IN 27 CFR PART 31

Priority: Info./Admin./Other

CFR Citation: 27 CFR 31

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: Karl Joedicke
Phone: 202 927-7460

RIN: 1512-AC49
_______________________________________________________________________

2571. PROPOSED REVISIONS OF 27 CFR PART 19

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 19

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
Phone: 202 927-8210

RIN: 1512-AC52
_______________________________________________________________________

2572. PROPOSAL TO RECOGNIZE SYNONYMS FOR PETITE SIRAH AND ZINFANDEL 
GRAPE VARIETIES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 4

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/10/02                    67 FR 17312
NPRM Comment Period Extended    06/06/02                    67 FR 38915
NPRM Comment Period End         06/10/02
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jennifer Berry
Phone: 716 551-4048

RIN: 1512-AC65
_______________________________________________________________________

2573. PETITION TO ESTABLISH ``CAPAY VALLEY'' AS AN AMERICAN VITICULTURAL 
AREA

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 9

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/25/02                    67 FR 48597

[[Page 75031]]

NPRM Comment Period End         09/23/02
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Kristy Colon
Phone: 202 927-8206

RIN: 1512-AC71
_______________________________________________________________________

2574. TAXPAID DISTILLED SPIRITS USED IN MANUFACTURING PRODUCTS UNFIT FOR 
BEVERAGE USE

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 17

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Linda Wade-Chapman
Phone: 202 927-8181

RIN: 1512-AC73
_______________________________________________________________________

PROCEDURAL
____________________________________________________
2575. 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
_______________________________________________________________________

2576. COMMERCE IN FIREARMS AND AMMUNITION; RECODIFICATION OF REGULATIONS 
(2002R-013P)

Priority: Info./Admin./Other

CFR Citation: 27 CFR 47; 27 CFR 50; 27 CFR 178; 27 CFR 179; 27 CFR 70

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser
Phone: 202 927-9347
Fax: 202 927-8525
Email: lmgesser@atfhq.atf.treas.gov

RIN: 1512-AC68
_______________________________________________________________________

2577. MACHINE GUNS, DESTRUCTIVE DEVICES, AND CERTAIN OTHER FIREARMS; 
RECODIFICATION OF REGULATIONS

Priority: Info./Admin./Other

CFR Citation: 27 CFR 47; 27 CFR 51; 27 CFR 55; 27 CFR 70; 27 CFR 179; 
...

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa Marie Gesser
Phone: 202 927-9347
Fax: 202 927-8525
Email: lmgesser@atfhq.atf.treas.gov

RIN: 1512-AC69
_______________________________________________________________________

2578. [bull] DELEGATION OF AUTHORITY IN 27 CFR PART 55--COMMERCE IN 
EXPLOSIVES

Priority: Substantive, Nonsignificant

Legal Authority: 18 USC 847

CFR Citation: 27 CFR 55

Legal Deadline: None

Abstract: This final rule places most of ATF authorities contained in 
27 CFR 55 with the ``appropriate ATF officer,'' and requires that 
persons file documents with the ``appropriate ATF officer'' or in 
accordance with the instructions on the form. Also, this rule removes 
definitions of references to the words ``ATF officer,'' ``Chief, 
Firearms and Explosives Licensing Center,'' ``Region,'' and ``Regional 
Director.'' The result of removing these words will consolidate the 
Director's delegations of authority for part 55 into one delegation 
instrument.

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: Karl Joedicke, ATF Specialist, Department of the 
Treasury, Bureau of Alcohol, Tobacco and Firearms
Phone: 202 927-7460

RIN: 1512-AC94
_______________________________________________________________________

TOBACCO PRODUCTS
____________________________________________________
2579. 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
_______________________________________________________________________

2580. 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

[[Page 75032]]

Phone: 202 927-8210

RIN: 1512-AC14
_______________________________________________________________________

2581. ELIMINATION OF STATISTICAL CLASSES FOR LARGE CIGARS

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 40; 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-AC33
_______________________________________________________________________

2582. DELEGATION OF AUTHORITY IN 27 CFR PART 40

Priority: Info./Admin./Other

CFR Citation: 27 CFR 40

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-AC54
_______________________________________________________________________

2583. VOLUNTARY WAIVER OF FILING CLAIM FOR CREDIT, REFUND, ALLOWANCE OR 
CREDIT OF TAX FOR TOBACCO PRODUCTS MANUFACTURED IN CANADA

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 44

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-AC64
_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
Bureau of Alcohol, Tobacco and Firearms (BATF)
_______________________________________________________________________

2584. RECODIFICATION OF PART 251

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 251

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/08/02                    67 FR 30796
Final Action Effective          05/08/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Berry
Phone: 716 551-4048

RIN: 1512-AC27
_______________________________________________________________________

2585. ALBARINO, BLACK CORINTH AND FIANO GRAPE VARIETIES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 4

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    03/18/02                    67 FR 11917
Final Action Effective          05/17/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Berry
Phone: 716 551-4048

RIN: 1512-AC29
_______________________________________________________________________

2586. DELEGATION OF AUTHORITY IN 27 CFR PART 252

Priority: Info./Admin./Other

CFR Citation: 27 CFR 252

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      04/15/02                    67 FR 18086
Final Rule Effective            04/15/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AC44
_______________________________________________________________________

2587. PROPOSED ADDITION OF ``TANNAT'' AS A GRAPE VARIETY NAME FOR 
AMERICAN WINES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 4

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      09/04/02                    67 FR 56479
Final Rule Effective            11/04/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jennifer Berry
Phone: 716 551-4048

RIN: 1512-AC50
_______________________________________________________________________

2588. DELEGATION OF AUTHORITY IN 27 CFR PART 251

Priority: Info./Admin./Other

CFR Citation: 27 CFR 251

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      03/13/02                    67 FR 11230
Final Rule Effective            03/13/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AC58
_______________________________________________________________________

2589. [bull] PETITION TO ESTABLISH ``CALIFORNIA COAST'' AS A NEW 
AMERICAN 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 received a 
petition to establish ``California Coast'' as a new American 
viticultural area.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/26/00                    65 FR 57763
NPRM Comment Period End         12/26/00

[[Page 75033]]

NPRM Comment Period Extended    12/26/00                    65 FR 81455
NPRM Comment Period End         04/25/01
Final Action - Petition Denied  08/07/02                    67 FR 51156

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
Phone: 415 947-5192

Related RIN: Previously reported as 1512-AA07
RIN: 1512-AC83
_______________________________________________________________________

2590. [bull] PETITION TO EXPAND THE LODI 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 has received a 
petition from a group of San Joaquin County grape growers proposing to 
expand the established 458,000-acre Lodi viticultural area, 27 CFR 
9.107, to the south and the west.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/07/00                     65 FR 5828
NPRM Comment Period End         04/07/00
Final Rule                      09/04/02                    67 FR 56481
Final Rule Effective            11/04/02

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
Phone: 415 947-5192

Related RIN: Previously reported as 1512-AA07
RIN: 1512-AC92
_______________________________________________________________________

2591. [bull] DELEGATION OF AUTHORITY (27 CFR 47)

Priority: Info./Admin./Other

Legal Authority: 26 USC 7805

CFR Citation: 27 CFR 47

Legal Deadline: None

Abstract: This final rule places all ATF authorities contained in its 
Importation of Arms, Ammunition and Implements of War regulations with 
the ``appropriate ATF officer.'' Consequently, this final rule removes 
the definitions of, and references to, specific officers subordinate to 
the Director. It also requires persons to file documents required by 
these regulations with the ``appropriate ATF officer'' or in accordance 
with the instructions on the ATF form. Concurrently with this Treasury 
Decision, ATF is issuing ATF Order 1130.34, which will be made 
available as specified in this rule. Through this order the Director 
delegates all of the authorities to the appropriate ATF officers and 
specifies the ATF officers with whom applications, notices, and other 
reports, that are not ATF forms, are filed.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      10/21/02                    67 FR 64525

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-AC86
_______________________________________________________________________

2592. ELIMINATION OF APPLICATION TO REMOVE TOBACCO PRODUCTS FROM 
MANUFACTURER'S PREMISES FOR EXPERIMENTAL PURPOSES

Priority: Substantive, Nonsignificant

CFR Citation: 27 CFR 40

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    04/19/02                    67 FR 19332
Final Action Effective          05/20/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AC32
_______________________________________________________________________

2593. DELEGATION OF AUTHORITY IN 27 CFR PART 44

Priority: Info./Admin./Other

CFR Citation: 27 CFR 44

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/08/02                    67 FR 30799

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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

RIN: 1512-AC36
BILLING CODE 4810-31-S
_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
Comptroller of the Currency (OCC)
_______________________________________________________________________

2594. 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 75034]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM - Suspension and Debarment 
of Accountants                  11/00/02

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: mitchell.plave@occ.treas.gov

RIN: 1557-AB43
_______________________________________________________________________

2595. 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                     12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Lee Walzer, Counsel, Department of the Treasury, 
Comptroller of the Currency, Legislative and Regulatory Analysis 
Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: lee.walzer@occ.treas.gov

RIN: 1557-AB78
_______________________________________________________________________

2596. RECORDKEEPING REQUIREMENTS FOR BANK EXCEPTIONS FROM SECURITIES 
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                            01/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Martha Vestal Clarke, Acting 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
Email: martha.clarke@occ.treas.gov

RIN: 1557-AB93
_______________________________________________________________________

2597. RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES AND BANK 
ACTIVITIES AND OPERATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 24 (Seventh); 12 USC 92a; 12 
USC 93a; 12 USC 161; 12 USC 602; 12 USC 1818; 12 USC 1828(n); 12 USC 
1828 note; 12 USC 1831n note; 12 USC 1831o; 12 USC 1835; 12 USC 3102; 
12 USC 3108; 12 USC 3901 et seq; 12 USC 3907; 12 USC 3909; Section 5136 
of the Revised Statutes (12 USC 24a); 15 USC 78q; 15 USC 78q-1; 15 USC 
78w

CFR Citation: 12 CFR 3; 12 CFR 5; 12 CFR 6; 12 CFR 7; 12 CFR 9; 12 CFR 
28

Legal Deadline: None

Abstract: The OCC plans to amend part 5 to implement the authority for 
national banks to merge with one or more of their nonbank affiliates 
contained in section 1206 of the American Homeownership and Economic 
Opportunity Act of 2000 (AHEOA). The proposal will also amend part 5 to 
implement the authority in section 1204 of AHEOA by adding a new 
section setting forth the application and prior approval requirements 
for national banks contemplating reorganization as a subsidiary of a 
bank holding company. In addition, the OCC also plans to implement 
section 1205 of AHEOA by amending part 7 to permit national banks to 
adopt by-laws providing for staggered boards of directors and to permit 
national banks to apply to expand the size of their boards of directors 
over 25 members. The OCC also plans to make other amendments to parts 
5, 7, and 9, as well as certain technical amendments to parts 3, 6, 7, 
and 28.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Andra Shuster, Counsel, Department of the Treasury, 
Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: andra.shuster@occ.treas.gov

Lee Walzer, Counsel, Department of the Treasury, Comptroller of the 
Currency, Legislative and Regulatory Analysis Division, 250 E Street 
SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: lee.walzer@occ.treas.gov

RIN: 1557-AB97
_______________________________________________________________________

2598. 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

[[Page 75035]]

CFR Citation: 12 CFR 19

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                            12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patrick Tierney, Attorney, Department of the Treasury, 
Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: patrick.tierney@occ.treas.gov

RIN: 1557-AB99
_______________________________________________________________________

2599. 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; 12 CFR 32

Legal Deadline: None

Abstract: The OCC is considering amending 12 CFR part 5 and 12 CFR part 
32 to address payday lending activities engaged in by national banks 
through arrangements with third-party lending companies. 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                            12/00/02

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: mitchell.plave@occ.treas.gov

RIN: 1557-AC01
_______________________________________________________________________

2600. INTERNATIONAL BANKING ACTIVITIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 24 (Seventh); 12 USC 93a; 12 
USC 161; 12 USC 602; 12 USC 1818; 12 USC 3101 et seq; 12 USC 3901 et 
seq

CFR Citation: 12 CFR 28; 12 CFR 5

Legal Deadline: None

Abstract: The OCC plans to issue a notice of proposed rulemaking to 
clarify or revise a number of application or notice procedures, 
including the standards for approval that would apply. In addition, the 
OCC plans to implement a number of OCC interpretations regarding the 
capital equivalency deposit required of Federal branch and agencies. 
Finally, the OCC plans to revise several definitions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lee Walzer, Counsel, Department of the Treasury, 
Comptroller of the Currency, Legislative and Regulatory Analysis 
Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: lee.walzer@occ.treas.gov

RIN: 1557-AC04
_______________________________________________________________________

2601. [bull] INTERAGENCY GUIDELINES ESTABLISHING STANDARDS FOR SAFETY 
AND SOUNDNESS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 12 USC 93a; 12 USC 1818; 12 USC 1831-p; 12 USC 
3102(b); 15 USC 6801; 15 USC 6805(b)(6)

CFR Citation: 12 CFR 30

Legal Deadline: None

Abstract: The OCC, along with the banking agencies, plans to issue a 
notice of proposed rulemaking to amend their Interagency Guidelines 
Establishing Standards for Safety and Soundness. The amendment would 
add a new subsection to require a depository institution to implement 
new policies and procedures designed to ensure an effective system of 
corporate governance. This amendment is intended to address particular 
weaknesses in management and corporate governance practices.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

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: michele.meyer@occ.treas.gov

RIN: 1557-AC08
_______________________________________________________________________

2602. [bull] COMMUNITY DEVELOPMENT CORPORATIONS, COMMUNITY DEVELOPMENT 
PROJECTS, AND OTHER PUBLIC WELFARE INVESTMENTS (12 CFR PART 24)

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 24

Legal Deadline: None

Abstract: The OCC plans to issue a notice of proposed rulemaking to 
amend part 24, its regulation governing national bank investments that 
are designed to promote the public welfare. The proposal would update 
the definition section of the regulation to reflect the additional 
types of public welfare investment structures that have come into use 
by national banks in recent years; set forth the method a national bank 
should use to measure the aggregate amount of its public welfare 
investments; and simplify the regulation's investment self-
certification and prior approval processes. These changes will simplify 
the regulation and reduce the burden associated with part 24 
investments and thereby encourage additional public welfare investments 
by national banks.

[[Page 75036]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

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: michele.meyer@occ.treas.gov

RIN: 1557-AC09
_______________________________________________________________________

2603. [bull] REMOVAL, SUSPENSION, AND DEBARMENT OF INDEPENDENT 
ACCOUNTANTS FROM PERFORMANCE OF AUDIT SERVICES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1831m(g)(4)(B)

CFR Citation: 12 CFR 19

Legal Deadline: None

Abstract: The OCC plans to issue a notice of proposed rulemaking to 
amend 12 CFR part 19, the Rules of Practice and Procedure by adding a 
new subpart P, ``Removal, Suspension, and Debarment of Independent 
Public Accountants from Performance of Audit Services.'' Section 112 of 
the Federal Deposit Insurance Corporation Improvement Act of 1991 
(FDICIA) gave the OCC, along with the other Federal banking agencies, 
the authority to remove, suspend, or debar accountants for good cause 
from performing annual audit services. The proposed rule would 
establish policies and procedures for the OCC to take such actions. The 
proposed rule would also make conforming changes to part 19. The Board 
of Governors of the Federal Reserve System, the FDIC, and the Office of 
Thrift Supervision are promulgating similar rules concurrently with the 
OCC to implement section 112 of FDICIA.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

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: mitchell.plave@occ.treas.gov

RIN: 1557-AC10
_______________________________________________________________________

2604. [bull] RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 24a; 12 USC 24 (Seventh); 12 
USC 93a; 12 USC 3101 et seq

CFR Citation: 12 CFR 5

Legal Deadline: None

Abstract: The OCC plans to issue a notice of proposed rulemaking that 
will require a national bank to obtain prior approval of the OCC before 
making material changes to its business plan.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Heidi M. Thomas, Special 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: heidi.thomas@occ.treas.gov

RIN: 1557-AC11
_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
Comptroller of the Currency (OCC)
_______________________________________________________________________

2605. 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) new Basel capital accord (Basel 
II) (formerly referred to as domestic capital framework); and 2) 
securities borrowing transactions. The OCC is conducting both of these 
rulemakings jointly with the other Federal banking agencies.

Timetable:
________________________________________________________________________

Implementation of a Revised Basel Capital Accord (formerly Domestic 
Capital Framework)  ANPRM 11/03/00 (65 FR 66193)  ANPRM Comment Period 
End 02/01/01  NPRM 06/00/03

Securities Borrowing Transactions  Interim Final Rule 12/05/00 (65 FR 
75856)  Interim Final Rule Comment Period End 01/19/01  Final Rule 12/
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: ron.shimabukuro@occ.treas.gov

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: laura.goldman@occ.treas.gov

RIN: 1557-AB14

[[Page 75037]]

_______________________________________________________________________

2606. CUSTOMER IDENTIFICATION PROGRAMS FOR BANKS, SAVINGS ASSOCIATIONS, 
AND CREDIT UNIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 93a; 31 USC 5318(l)

CFR Citation: 31 CFR 103

Legal Deadline: Final, Statutory, October 26, 2002, Must take effect 
one year before date of enactment of USA Patriot Act.

Abstract: The Secretary of the Treasury, the OCC, the Board of 
Governors of the Federal Reserve System, the FDIC, the Office of Thrift 
Supervision, and the National Credit Union Administration (the 
Agencies) plan to issue a regulation implementing section 326 of the 
Uniting and Strengthening America by Providing Appropriate Tools 
Required to Intercept and Obstruct Terrorism Act of 2001. Section 326 
requires a regulation that contains minimum standards that financial 
institutions must implement: 1) to verify the identity of any person 
seeking to open an account; 2) to maintain records of the information 
used to verify the person's identity; and 3) to determine whether the 
person appears on any lists of known or suspected terrorists or 
terrorist organizations provided to the financial institution by any 
Government agency.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/23/02                    67 FR 48290
NPRM Comment Period End         09/06/02
Final Action                    11/00/02

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: deborah.katz@occ.treas.gov

RIN: 1557-AC06
_______________________________________________________________________
Department of the Treasury (TREAS)                    Long-Term Actions
Comptroller of the Currency (OCC)
_______________________________________________________________________

2607. 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: mitchell.plave@occ.treas.gov

RIN: 1557-AB59
_______________________________________________________________________

2608. 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 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
NPRM                             To Be                       Determined

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: margaret.hesse@occ.treas.gov

Patrick Tierney, Attorney, Department of the Treasury, Comptroller of 
the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: patrick.tierney@occ.treas.gov

RIN: 1557-AB98

[[Page 75038]]

_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
Comptroller of the Currency (OCC)
_______________________________________________________________________

2609. REAL ESTATE APPRAISALS

Priority: Substantive, Nonsignificant

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

CFR Citation: 12 CFR 34

Legal Deadline: None

Abstract: This rulemaking would amend the OCC's appraisal regulation to 
exempt transactions involving mortgage-backed securities (MBS) from its 
principal appraisal requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       09/30/02

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: mitchell.plave@occ.treas.gov

RIN: 1557-AB70
_______________________________________________________________________

2610. 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 final rule 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                      09/19/02                    67 FR 58962
Final Rule Effective            06/16/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jean Campbell, Attorney, Department of the Treasury, 
Comptroller of the Currency, Legislative and Regulatory Activities 
Division, 250 E Street SW, Washington, DC 20219
Phone: 202 874-5090
Fax: 202 874-4889
Email: jean.campbell@occ.treas.gov

RIN: 1557-AB75
_______________________________________________________________________

2611. ELECTRONIC ACTIVITIES (FORMERLY 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' efforts to engage in various forms 
of electronic banking consistent with safety and soundness. The 
proposal addresses national banks' exercise of their Federally 
authorized powers through electronic means; the applicability of state 
law to the exercise of those powers; 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                      05/17/02                    67 FR 34992
Final Rule Effective, section 
7.5010 only (All other final 
rule sections effective 06/17/
2002)                           07/01/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Heidi M. Thomas, Special 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: heidi.thomas@occ.treas.gov

RIN: 1557-AB76
_______________________________________________________________________

2612. 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, issued a final rule 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 amended 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                    66 FR 54175
NPRM Comment Period End         11/26/01
Final Rule                      05/14/02                    67 FR 34402
Final Rule Effective            05/14/02

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: harold.hansen@occ.treas.gov

RIN: 1557-AB83

[[Page 75039]]

_______________________________________________________________________

2613. 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 final rule amended 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 final rule amended 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                      06/06/02                    67 FR 38844
Final Rule Effective            10/01/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patrick Tierney, Attorney, Department of the Treasury, 
Comptroller of the Currency
Phone: 202 874-5090
Fax: 202 874-4889
Email: patrick.tierney@occ.treas.gov

RIN: 1557-AB95
_______________________________________________________________________

2614. FINANCIAL SUBSIDIARIES AND NONCONTROLLING INVESTMENTS OF FEDERAL 
BRANCHES AND AGENCIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 24a; 12 USC 24 (Seventh); 12 
USC 93a, 12 USC 3101 et seq

CFR Citation: 12 CFR 5

Legal Deadline: None

Abstract: The OCC proposes to clarify that a Federal branch or agency 
may establish, acquire, or maintain a qualified subsidiary company in 
generally the same manner that a national bank may establish and 
operate a financial subsidiary if certain conditions are satisfied.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       09/30/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Martha Vestal Clarke, Acting 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
Email: martha.clarke@occ.treas.gov

RIN: 1557-AC02
_______________________________________________________________________

2615. INTERNATIONAL BANKING ACTIVITIES: CAPITAL EQUIVALENCY DEPOSIT

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1 et seq; 12 USC 24 (Seventh); 12 USC 93a; 12 
USC 161; 12 USC 602; 12 USC 1818; 12 USC 3101 et seq; 12 USC 3901 et 
seq

CFR Citation: 12 CFR 28.15

Legal Deadline: None

Abstract: The OCC issued a final rule that revised certain requirements 
and prohibitions relating to the capital equivalency deposit 
arrangements that a foreign bank must establish and maintain for its 
Federal branch or agency.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              01/30/02                     67 FR 4325
Interim Final Rule Effective    01/30/02
Interim Final Rule Comment 
Period End                      04/01/02
Final Action                    06/19/02                    67 FR 41619
Final Rule Effective            06/19/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Martha Vestal Clarke, Acting 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
Email: martha.clarke@occ.treas.gov

RIN: 1557-AC05
_______________________________________________________________________

2616. [bull] 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 78l; 26 DC Code 102

CFR Citation: 12 CFR 8

Legal Deadline: None

Abstract: The Office of the Comptroller of the Currency (OCC) plans to 
issue a notice of proposed rulemaking to amend 12 CFR part 8. The 
proposal would amend 12 CFR 8.6(c), which addresses assessments for 
independent trust banks. The proposal would update section 8.6 to 
reference the appropriate portion of new forms issued by the Federal 
Financial Institutions Examination Council (FFIEC), which replace the 
FFIEC form currently referenced in section 8.6(c). A technical 
correction to section 8.1 is also included.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/25/02                    67 FR 20466
NPRM Comment Period End         05/17/02
Final Action                    05/30/02                    67 FR 37664
Final Action Effective          06/01/02

Regulatory Flexibility Analysis Required: No

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

[[Page 75040]]

Email: andra.shuster@occ.treas.gov

RIN: 1557-AC07
BILLING CODE 4810-33-S
_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
United States Customs Service (CUSTOMS)
_______________________________________________________________________

2617. TEXTILES AND TEXTILE PRODUCTS SUBJECT TO TEXTILE TRADE AGREEMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 12

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: No

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

RIN: 1515-AB54
_______________________________________________________________________

2618. 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                            06/00/03

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: 202 572-8807

RIN: 1515-AB66
_______________________________________________________________________

2619. 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                            06/00/03

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: 202 572-8707

RIN: 1515-AB74
_______________________________________________________________________

2620. 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                            06/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John Leonard, Program Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington, DC 20229

[[Page 75041]]

Phone: 202 927-0915

RIN: 1515-AB85
_______________________________________________________________________

2621. 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                            06/00/03

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
_______________________________________________________________________

2622. 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                            03/00/03

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-AC65
_______________________________________________________________________

2623. REQUIREMENTS FOR FUTURE CUSTOMS TRANSACTIONS WHEN PAYMENT TO 
CUSTOMS ON PRIOR TRANSACTIONS IS DELINQUENT AND/OR DISHONORED

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 1448; 19 USC 1484; 19 USC 1624; 5 
USC 301; 19 USC 1505

CFR Citation: 19 CFR 142; 19 CFR 24

Legal Deadline: None

Abstract: Amendment concerning how Customs will handle the future 
transactions of importers or other parties financially obligated to 
Customs who are delinquent in a payment to Customs or have had payments 
to the agency returned as dishonored by their financial institution. 
Amendment provides, among other things, that where an importer or other 
party financially obligated to Customs (``debtor'') has not paid monies 
owed to Customs by the due date in a Customs bill or collection notice, 
including a bill or collection notice requesting payment of an amount 
owed to Customs that has been returned as dishonored by the debtor's 
financial institution, Customs may require the debtor to file entry 
summary documentation at the time of entry with estimated duties, taxes 
and fees attached (to make ``live entry''). This requirement will be 
imposed on all the debtor's future importations at all ports of entry 
until Customs receives full payment of the debtor's overdue amount, 
including accrued interest, or until the debt has been resolved other 
than by Customs termination of the collection action. Amendment also 
concerns when Customs will require all future payments be made by 
certified check, money order, cash, or if authorized, by Automated 
Clearinghouse credit payment. Amendments are necessary to support 
Customs collection efforts and to ensure a uniform and consistent 
approach in the manner by which Customs responds to delinquent and 
dishonored payments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

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
_______________________________________________________________________

2624. CUSTOMS EXAMINATION OF IN-TRANSIT MAIL SHIPMENTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 145

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/03

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: 202 572-8718

RIN: 1515-AC71
_______________________________________________________________________

2625. 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;

[[Page 75042]]

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
Second NPRM                     10/09/02                    67 FR 62920
Second NPRM Comment Period End  12/09/02
Final Action                    06/00/03

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
_______________________________________________________________________

2626. 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                            01/00/03

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
_______________________________________________________________________

2627. [bull] ADVANCE NOTICE REQUIREMENTS FOR AIRCRAFT LANDINGS AND 
ARRIVALS

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

Legal Deadline: None

Abstract: Amendment to require that the owners or operators of 
commercial aircraft that operate as scheduled airlines and enter the 
United States from foreign areas who intend to land at landing rights 
or user fee airports, request from Customs permission to land in 
writing at least 30 days before the first flight date and secure 
Customs approval to land before the first flight begins. Amendment 
would also make the advance notice of arrival requirement applicable to 
all aircraft. The advance notice of arrival would be required to be 
given by the aircraft commander directly to the appropriate Customs 
location at least one hour before the aircraft crosses any border or 
coastline of the United States.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Elizabeth Tritt, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-4434

RIN: 1515-AD10
_______________________________________________________________________

2628. [bull] PRIOR DISCLOSURE AND LOST DUTY OR REVENUE DEMANDS WHEN 
PENALTY CLAIM NOT ISSUED

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 162

Legal Deadline: None

Abstract: Amendment pertaining to prior disclosure and to the procedure 
for demanding payment of duties, taxes, fees, or revenue for violations 
of 19 U.S.C. 1592 or 1593a when a penalty claim is not issued. 
Amendments are designed to encourage participation in the prior 
disclosure program and to enhance the effectiveness of the duty/revenue 
demand process.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Alan Cohen, Senior Attorney, Penalties Branch, 
Department of the Treasury, United States Customs Service, Office of 
Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 
20229
Phone: 202 572-8742

RIN: 1515-AD13
_______________________________________________________________________

2629. [bull] PERFORMANCE OF CUSTOMS BUSINESS BY PARENT AND SUBSIDIARY 
CORPORATIONS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 111

Legal Deadline: None

Abstract: Amendment to specify circumstances in which a corporate 
entity may perform certain customs business on behalf of a parent 
corporation or subsidiary corporation or sister subsidiary corporation 
without the need to obtain a customs broker license. It is anticipated 
that the amendment would improve the operational efficiency of the 
affected corporate entities and thereby enhance their ability to ensure 
compliance with applicable customs laws and regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/15/02                    67 FR 63576
NPRM Comment Period End         12/16/02
Final Action                    03/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Gina Grier, Attorney, Entry Procedures and Carriers 
Branch,

[[Page 75043]]

Department of the Treasury, United States Customs Service, Office of 
Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 
20229
Phone: 202 572-8730

RIN: 1515-AD14
_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
United States Customs Service (CUSTOMS)
_______________________________________________________________________

2630. 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 Effective    03/01/87
Interim Final Rule              03/30/87                    52 FR 10198
Interim Final Rule Comment 
Period End                      05/29/87
Final Action                    06/00/03

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-AA57
_______________________________________________________________________

2631. 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                    06/00/03

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-AA87
_______________________________________________________________________

2632. NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA)--IMPLEMENTATION OF 
DUTY-DEFERRAL PROGRAM PROVISIONS

Priority: Substantive, Nonsignificant

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

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

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

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule Effective    01/01/96
Interim Final Rule              01/30/96                     61 FR 2908
Interim Final Rule Comment 
Period End                      04/01/96
Final Action                    06/00/03

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
_______________________________________________________________________

2633. 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

[[Page 75044]]

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                    06/00/03

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: 202 572-8709

RIN: 1515-AC15
_______________________________________________________________________

2634. 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                    02/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: 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: 202 572-8837

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: 202 572-8832

RIN: 1515-AC32
_______________________________________________________________________

2635. 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                    07/00/03

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: 202 572-8753

RIN: 1515-AC44
_______________________________________________________________________

2636. 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                    02/00/03

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: 202 572-8724

RIN: 1515-AC58
_______________________________________________________________________

2637. 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

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. The 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.

[[Page 75045]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/01/01                    66 FR 21705
NPRM Comment Period End         07/02/01
Final Action                    07/00/03

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: 202 927-0042

RIN: 1515-AC63
_______________________________________________________________________

2638. 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 Effective    10/01/00
Interim Final Rule              10/05/00                    65 FR 59668
Interim Final Rule Comment 
Period End                      12/04/00
Final Action                    03/00/03

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: 202 572-8812

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-AC72
_______________________________________________________________________

2639. 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 seven-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                            07/25/02                    67 FR 48594
NPRM Comment Period End         09/23/02
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Debbie Scott, 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: 202 927-1962

RIN: 1515-AC74
_______________________________________________________________________

2640. 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 Effective    10/01/00                    65 FR 59650
Interim Final Rule              10/05/00                    65 FR 59650
Interim Final Rule Comment 
Period End                      12/04/00
Final Action                    03/00/03

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: 202 572-8836

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


[[Page 75046]]


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: 202 572-8812

RIN: 1515-AC76
_______________________________________________________________________

2641. 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 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                    02/00/03

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: 202 572-8812

RIN: 1515-AC80
_______________________________________________________________________

2642. 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                            03/18/02                    67 FR 11954
NPRM Comment Period End         05/17/02
Final Action                    05/00/03

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
_______________________________________________________________________

2643. 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
NPRM Comment Period End         10/09/01
Final Action                    05/00/03

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: 202 572-8753

RIN: 1515-AC87
_______________________________________________________________________

2644. 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.

[[Page 75047]]

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                            03/08/02                    67 FR 10636
NPRM Comment Period End         04/08/02
Final Action                    04/00/03

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
_______________________________________________________________________

2645. 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
Correction                      10/11/01                    66 FR 51864
Interim Final Rule Comment 
Period End                      12/03/01
Final Action                    03/00/03

Regulatory Flexibility Analysis Required: No

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: 202 572-8812

RIN: 1515-AC89
_______________________________________________________________________

2646. 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
Comment Period Extended         02/14/02                     67 FR 3135
Final Action                    12/00/02

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: 202 572-8724

RIN: 1515-AC91
_______________________________________________________________________

2647. 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                            04/08/02                    67 FR 16664
NPRM Comment Period End         06/07/02
Final Action                    03/00/03

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: 202 572-8724

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
_______________________________________________________________________

2648. CIVIL FINES FOR IMPORTATION OF MERCHANDISE BEARING A COUNTERFEIT 
MARK

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 133

Legal Deadline: None

[[Page 75048]]

Abstract: Amendment pertaining to the importation of merchandise 
bearing a counterfeit mark to clarify the limit on the amount of a 
civil fine which may be assessed by Customs when merchandise bearing a 
counterfeit mark is imported. Current regulations use, as a measurement 
for determining the limit, the domestic value of merchandise as if it 
had been genuine, based on the manufacturer's suggested retail price of 
the merchandise at the time of seizure. The amendment adheres more 
closely to the statutory language, basing the limit of the civil fine 
on the value of the genuine goods according to the manufacturer's 
suggested retail price, without any reference to domestic value.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/07/02                    67 FR 39321
NPRM Comment Period End         08/06/02
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Lynne O. Robinson, Attorney, Penalties Branch, 
Department of the Treasury, United States Customs Service, Office of 
Regulations and Rulings, 1300 Pennsylvania Avenue NW., Washington, DC 
20229
Phone: 202 572-8743

RIN: 1515-AC98
_______________________________________________________________________

2649. PASSENGER AND CREW MANIFESTS REQUIRED FOR PASSENGER FLIGHTS IN 
FOREIGN AIR TRANSPORTATION TO THE UNITED STATES

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; 49 USC 44909(c); 19 USC 1431

CFR Citation: 19 CFR 122

Legal Deadline: None

Abstract: Amendment to implement a provision of the Aviation and 
Transportation Security Act which requires that each air carrier, 
foreign and domestic, operating a passenger flight in foreign air 
transportation to the United States electronically transmit to Customs 
in advance of arrival a passenger and crew manifest that contains 
certain specified information. The submission of this information to 
Customs is required for purposes of ensuring aviation safety and 
protecting national security.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/31/01                    66 FR 67482
Interim Final Rule Comment 
Period End                      03/01/02
Final Action                    01/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James Jeffers, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-4444

RIN: 1515-AC99
_______________________________________________________________________

2650. MANUFACTURING SUBSTITUTION DRAWBACK: DUTY APPORTIONMENT

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 provide the method for calculating manufacturing 
substitution drawback where imported merchandise, which is dutiable on 
its value, contains a chemical element and amounts of that chemical 
element are used in the manufacture or production of articles which are 
either exported or destroyed under Customs supervision. Recent court 
cases have held that a chemical element that is contained in an 
imported material that is subject to an ad valorem rate of duty may be 
designated as same kind and quality merchandise for drawback purposes. 
Amendment provides the method by which the duty attributable to the 
chemical element can be apportioned. Amendment requires a drawback 
claimant, where applicable, to make this apportionment calculation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              07/24/02                    67 FR 48368
Interim Final Rule Effective    07/24/02
Interim Final Rule Comment 
Period End                      09/23/02
Final Action                    05/00/03

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: 202 572-8807

RIN: 1515-AD02
_______________________________________________________________________

2651. ACCESS TO CUSTOMS SECURITY AREAS AT AIRPORTS

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

Legal Deadline: None

Abstract: Amendments regarding the standards for employee access to 
Customs security areas at airports that accommodate international air 
commerce. Amendments involve the addition of a biennial access approval 
reapplication requirement, an expansion of the grounds for denial of an 
application for access, the addition of a requirement that each 
employee granted access must report to Customs certain changes in the 
employee's circumstances, the inclusion of several new employer 
responsibilities, an expansion of the grounds for revocation or 
suspension of access and for proposed revocation or suspension of 
access, and a limitation of the opportunity to have a hearing in a 
revocation or suspension action to only cases in which there is a 
genuine issue regarding a material fact. The changes are needed to 
enhance the security areas and are commensurate with the heightened 
enforcement posture of the Federal Government following the September 
11, 2001, terrorist attacks.

[[Page 75049]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              07/29/02                    67 FR 48977
Interim Final Rule Effective    07/29/02
Interim Final Rule Comment 
Period End                      09/27/02
Final Action                    04/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Elizabeth Tritt, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenue NW., Washington, DC 20229
Phone: 202 927-4434

RIN: 1515-AD04
_______________________________________________________________________

2652. CONDITIONAL RELEASE PERIOD AND CUSTOMS BOND OBLIGATIONS FOR FOOD, 
DRUGS, DEVICES AND COSMETICS

Priority: Substantive, Nonsignificant

Legal Authority: 19 USC 66; 19 USC 1202; 19 USC 1448; 19 USC 1484; 19 
USC 1499; 19 USC 1623; 19 USC 1624; 21 USC 381

CFR Citation: 19 CFR 141; 19 CFR 151

Legal Deadline: None

Abstract: Amendment to provide for a specific conditional release 
period for any food, drug, device, or cosmetic which has been released 
under bond and for which admissibility is to be determined under the 
provisions of the Food, Drug and Cosmetic Act. Amendment also clarifies 
the amount of liquidated damages that may be assessed when there is a 
breach of the terms and conditions of the Customs bond. Lastly, 
amendment authorizes any representative of the Food and Drug 
Administration to obtain a sample of any food, drug, device, or 
cosmetic, the importation of which is governed by section 801 of the 
Food, Drug and Cosmetic Act, as amended.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/07/02                    67 FR 39322
NPRM Comment Period End         08/06/02
Final Action                    02/00/03

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: 202 572-8753

RIN: 1515-AD05
_______________________________________________________________________

2653. PASSENGER NAME RECORD INFORMATION REQUIRED FOR PASSENGERS ON 
FLIGHTS IN FOREIGN AIR TRANSPORTATION TO OR FROM THE UNITED STATES

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; 19 USC 1431; 49 USC 44909(c)

CFR Citation: 19 CFR 122

Legal Deadline: None

Abstract: Amendment to implement a provision of the Aviation and 
Transportation Security Act which requires that air carriers make 
Passenger Name Record (PNR) information available to Customs upon 
request. The availability of PNR information to Customs is necessary 
for purposes of ensuring aviation safety and protecting national 
security.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              06/25/02                    67 FR 42710
Interim Final Rule Effective    06/25/02
Interim Final Rule Comment 
Period End                      08/26/02
Final Action                    01/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Liliana Quintero, Operations Officer, Department of the 
Treasury, United States Customs Service, Office of Field Operations, 
1300 Pennsylvania Avenu NW., Washington, DC 20229
Phone: 202 927-2531

RIN: 1515-AD06
_______________________________________________________________________

2654. [bull] ENTRY OF CERTAIN STEEL PRODUCTS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 12

Legal Deadline: None

Abstract: Amendment to set forth special requirements for the entry of 
certain steel products. The steel products in question are those listed 
by the President in Proclamation 7529 of March 5, 2002, pursuant to the 
safeguard provisions of section 203 of the Trade Act of 1974, including 
those products subject to country exceptions and product exclusions. 
Amendment would require the inclusion of an import license number on 
the entry summary documentation filed with Customs for any steel 
product for which the U.S. Department of Commerce requires an import 
license under its steel licensing and import monitoring program.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/09/02                    67 FR 51800
NPRM Comment Period End         09/09/02
Final Action                    12/00/02

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-AD15

[[Page 75050]]

_______________________________________________________________________
Department of the Treasury (TREAS)                    Long-Term Actions
United States Customs Service (CUSTOMS)
_______________________________________________________________________

2655. 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: Leon Hayward
Phone: 202 927-9704

Related RIN: Related To 1515-AC62
RIN: 1515-AB97
_______________________________________________________________________

2656. 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
_______________________________________________________________________

2657. EXPANDED METHODS OF PAYMENT OF DUTIES, TAXES, INTEREST AND FEES

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 24

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/17/99                    64 FR 13141
NPRM Comment Period End         05/17/99
Final Action                    10/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Linda Lloyd
Phone: 202 927-0119

RIN: 1515-AC40
_______________________________________________________________________

2658. 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: Leon Hayward
Phone: 202 927-9704

Related RIN: Related To 1515-AB97
RIN: 1515-AC62
_______________________________________________________________________

2659. PRIVATE AIRCRAFT PROGRAMS: ESTABLISHMENT OF THE GENERAL AVIATION 
TELEPHONIC ENTRY (GATE) PROGRAM AND REVISIONS TO THE OVERFLIGHT PROGRAM

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 122; 19 CFR 123

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Steve Gilbert
Phone: 202 927-1391

RIN: 1515-AC73
_______________________________________________________________________

2660. AMENDMENT TO WOOL DUTY REFUND PROGRAM

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 10

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                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Debbie Scott
Phone: 202 927-1962

RIN: 1515-AC85
_______________________________________________________________________

2661. PROCEDURES GOVERNING THE BORDER RELEASE ADVANCED SCREENING AND 
SELECTIVITY (BRASS) PROGRAM

Priority: Substantive, Nonsignificant

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/01/02                     67 FR 4930
NPRM Comment Period End         04/02/02
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Enrique S. Tamayo
Phone: 202 927-0693

RIN: 1515-AC92

[[Page 75051]]

_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
United States Customs Service (CUSTOMS)
_______________________________________________________________________

2662. ADMINISTRATIVE RULINGS

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 177

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/16/02                    67 FR 53483
Final Action Effective          09/16/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John Elkins
Phone: 202 572-8813

RIN: 1515-AC56
_______________________________________________________________________

2663. GENERAL ORDER WAREHOUSES

Priority: Substantive, Nonsignificant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    11/08/02                    67 FR 68027
Final Action Effective          12/09/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Raymond Janiszewski
Phone: 202 927-0365

RIN: 1515-AC57
_______________________________________________________________________

2664. CIVIL AIRCRAFT

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 10

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/07/02                    67 FR 39286
Final Action Effective          07/08/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Richard Wallio
Phone: 202 927-9704

RIN: 1515-AC59
_______________________________________________________________________

2665. MERCHANDISE PROCESSING FEE ELIGIBLE TO BE CLAIMED AS UNUSED 
MERCHANDISE DRAWBACK

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 191

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/25/02                    67 FR 48547
Final Action Effective          07/25/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: William G. Rosoff
Phone: 202 572-8807

RIN: 1515-AC67
_______________________________________________________________________

2666. DUTY-FREE TREATMENT FOR CERTAIN BEVERAGES MADE WITH CARIBBEAN RUM

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 10; 19 CFR 163

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    10/09/02                    67 FR 62880
Final Action Effective          10/09/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Leon Hayward
Phone: 202 927-9704

RIN: 1515-AC78
_______________________________________________________________________

2667. AMENDED PROCEDURE FOR OBTAINING REFUNDS OF HARBOR MAINTENANCE FEES 
PAID ON EXPORTS OF MERCHANDISE

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 24

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    05/13/02                    67 FR 31948
Final Action Effective          05/13/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Deborah Thompson
Phone: 317 298-1200

RIN: 1515-AC82
_______________________________________________________________________

2668. LICENSES FOR CERTAIN WORSTED WOOL FABRICS SUBJECT TO TARIFF-RATE 
QUOTA

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 132; 19 CFR 163

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/30/02                    67 FR 55722
Final Action Effective          08/30/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Thomas Fitzpatrick
Phone: 202 927-5385

RIN: 1515-AC83
_______________________________________________________________________

2669. [bull] IMPORT RESTRICTIONS IMPOSED ON PRE-CLASSICAL AND CLASSICAL 
ARCHAEOLOGICAL MATERIAL ORIGINATING IN CYPRUS

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 12

Legal Deadline: None

Abstract: Amendment to reflect the imposition of import restrictions on 
certain archaeological material originating in Cyprus and representing 
the pre-Classical and Classical periods of its cultural heritage, 
ranging in date from approximately the 8th millenium B.C. to 
approximately 330 A.D. These restrictions are being imposed pursuant to 
an agreement between the United States and the Republic of Cyprus that 
has been entered into under the authority of the Convention on Cultural 
Property Implementation Act in accordance with the United Nations 
Educational, Scientific and Cultural Organization Convention on the 
Means of Prohibiting and Preventing the Illicit Import, Export and 
Transfer of Ownership of Cultural Property.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/19/02                    67 FR 47447
Final Action Effective          07/19/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 
Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., 
Washington, DC 20229
Phone: 202 572-8701

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

[[Page 75052]]

Phone: 202 927-0402

RIN: 1515-AC86
_______________________________________________________________________

2670. RE-USE OF AIR WAYBILL NUMBER ON AIR CARGO MANIFEST

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 122

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/30/02                    67 FR 55720
Final Action Effective          09/30/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert Scholtens
Phone: 202 927-3459

RIN: 1515-AD01
_______________________________________________________________________

2671. ELIMINATION OF TARIFF-RATE QUOTA ON IMPORTED LAMB MEAT

Priority: Substantive, Nonsignificant

CFR Citation: 19 CFR 132; 19 CFR 163

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/16/02                    67 FR 46588
Final Action Effective          07/16/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Thomas Fitzpatrick
Phone: 202 927-5385

RIN: 1515-AD09
_______________________________________________________________________

2672. [bull] PRESENTATION OF VESSEL CARGO MANIFEST TO CUSTOMS BEFORE 
CARGO IS LADEN ABOARD VESSEL AT FOREIGN PORT FOR TRANSPORT TO THE UNITED 
STATES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301; 19 USC 66; 19 USC 1431; 19 USC 1433; 19 USC 
1434; 19 USC 1446; 19 USC 1450; 19 USC 1486; 19 USC 1490; 19 USC 1623; 
19 USC 1624; 46 USC app 3; 46 USC app 91; 46 USC app 883a

CFR Citation: 19 CFR 4; 19 CFR 113

Legal Deadline: None

Abstract: Amendment to require the advance and accurate presentation of 
manifest information prior to lading at the foreign port and to 
encourage the electronic presentation of such information in advance. 
Amendment also to allow a non-vessel operating common carrier (NVOCC) 
having an International Carrier Bond to electronically present this 
cargo manifest information to Customs. This information is required in 
advance and is urgently needed in order to enable Customs to evaluate 
the risk of smuggling before goods are loaded on vessels for 
importation into the United States, including the risk of smuggling of 
weapons of mass destruction through the use of oceangoing cargo 
containers, while at the same time, enabling Customs to facilitate the 
prompt release of legitimate cargo.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/08/02                    67 FR 51519
NPRM Comment Period End         09/09/02
Final Action                    10/31/02                    67 FR 66318
Final Action Effective          12/02/02

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: 202 572-8724

Kimberly Nott, Operations Officer, Department of the Treasury, United 
States Customs Service, Office of Field Operations, 1300 Pennsylvania 
Avenue NW., Washington, DC 20229
Phone: 202 927-0042

RIN: 1515-AD11
_______________________________________________________________________

2673. [bull] EXTENSION OF IMPORT RESTRICTIONS IMPOSED ON ARCHAEOLOGICAL 
AND ETHNOLOGICAL MATERIAL FROM PERU

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 12

Legal Deadline: None

Abstract: Amendment to extend the import restrictions on certain 
archaeological and ethnological materials originating in Peru.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/06/02                    67 FR 38877
Final Action Effective          06/09/02                    67 FR 43247

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 
Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., 
Washington, DC 20229
Phone: 202 572-8701

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

RIN: 1515-AD12
_______________________________________________________________________

2674. [bull] EXTENSION OF IMPORT RESTRICTIONS IMPOSED ON ARCHAEOLOGICAL 
MATERIAL FROM MALI

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 12

Legal Deadline: None

Abstract: Amendment to extend the import restrictions on certain 
archaeological material from Mali.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/20/02                    67 FR 59159
Final Action Effective          09/19/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 
Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., 
Washington, DC 20229
Phone: 202 572-8701

Alfred Morawski, Chief, Other Government Agencies Branch, Department of 
the Treasury, United

[[Page 75053]]

States Customs Service, Office of Field Operations, 1300 Pennsylvania 
Avenue NW., Washington, DC 20229
Phone: 202 927-0402

RIN: 1515-AD16
_______________________________________________________________________

2675. [bull] EXTENSION OF IMPORT RESTRICTIONS IMPOSED ON ARCHAEOLOGICAL 
MATERIAL FROM GUATEMALA

Priority: Substantive, Nonsignificant

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

CFR Citation: 19 CFR 12

Legal Deadline: None

Abstract: Amendment to extend the import restrictions on certain 
archaeological material originating in the Republic of Guatemala.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    09/30/02                    67 FR 61259
Final Action Effective          09/29/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joseph Howard, Attorney, Intellectual Property Rights 
Branch, Department of the Treasury, United States Customs Service, 
Office of Regulations and Rulings, 1300 Pennsylvania Avenue NW., 
Washington, DC 20229
Phone: 202 572-8701

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

RIN: 1515-AD17
BILLING CODE 4820-02-S
_______________________________________________________________________
Department of the Treasury (TREAS)                        Prerule Stage
Internal Revenue Service (IRS)
_______________________________________________________________________

2676. [bull] CIRCULAR 230--PHASE 2 NON-SHELTER REVISIONS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 330

CFR Citation: 26 CFR 10

Legal Deadline: None

Abstract: These regulations propose amendments to the rules governing 
practice before the Internal Revenue Service.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122380-02
Drafting attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Richard S. Goldstein (202) 622-7820
Treasury attorney: Julian Kim (202) 622-1981
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-BA72
_______________________________________________________________________

2677. [bull] COMMUNICATIONS EXCISE TAX; TAXABLE COMMUNICATION SERVICES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 4251; 26 USC 7805

CFR Citation: 26 CFR 49

Legal Deadline: None

Abstract: This regulation provides a definition of taxable 
communications services under section 4251.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-137076-02
Drafting attorney: Cynthia McGreevy (202) 622-3130
Reviewing attorney: Richard A. Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2578
CC:P&SI

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

RIN: 1545-BB04
_______________________________________________________________________

2678. [bull] MIXED USE OUTPUT FACILITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This advance notice of proposed rulemaking describes and 
illustrates rules that the Internal Revenue Service and Treasury 
Department expect to propose in a notice of proposed rulemaking.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: State, Local

Federalism:  Undetermined

Additional Information: REG-142599-02
Drafting attorney: Rose M. Weber (202) 622-3980
Reviewing attorney: Bruce M. Serchuk (202) 622-3980
Treasury attorney: Stephen J. Watson (202) 622-1322
CC:TEGE

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

[[Page 75054]]

Fax: 202 622-4437

RIN: 1545-BB23
_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
Internal Revenue Service (IRS)
_______________________________________________________________________

2679. INTEGRATED FINANCIAL TRANSACTION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 864

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation addresses whether matched book sale and 
repurchase transactions conducted by securities dealers qualify as 
integrated financial transactions under section 1.861-10(c).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209604-93 (INTL-001-93)
Drafting attorney: Kenneth P. Christman (202) 622-3870
Reviewing attorney: Paul S. Epstein (202) 622-3870
Treasury attorney: Patricia Brown (202) 622-1781
CC:INTL

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

RIN: 1545-AR20
_______________________________________________________________________

2680. INTERCOMPANY TRANSFER PRICING FOR SERVICES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209579-92 (INTL-051-92)
Drafting attorney: J. Peter Luedtke (202) 874-1490
Reviewing attorney: Elizabeth Beck (202) 874-1490
Treasury attorney: Rocco Femia (202) 622-1755
CC:INTL

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

RIN: 1545-AR32
_______________________________________________________________________

2681. 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                            02/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-110896-98
Drafting attorney: William C. Bomar (202) 622-7830
Reviewing attorney: Katherine A. Mellody (202) 622-3090
Treasury attorney: Catherine Hughes (202) 622-9407
CC:P&SI

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

RIN: 1545-AW35
_______________________________________________________________________

2682. 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                            12/00/02

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

[[Page 75055]]

_______________________________________________________________________

2683. 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 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                            12/00/02

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
_______________________________________________________________________

2684. 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                            12/00/02

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
_______________________________________________________________________

2685. INSPECTION OF WRITTEN DETERMINATIONS

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                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

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

RIN: 1545-AX40
_______________________________________________________________________

2686. CASH OR DEFERRED ARRANGEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations update and revise regulations for 
cash or deferred arrangements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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
_______________________________________________________________________

2687. AWARDING OF COSTS AND CERTAIN FEES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7430

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.

[[Page 75056]]

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-111833-99
Drafting attorney: Kerry H. Bryan (202) 622-7940
Reviewing attorneys: Susan T. Mosley (202) 622-7940 and Henry S. 
Schneiderman (202) 622-7820
Treasury attorney: Julian Kim (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
_______________________________________________________________________

2688. HIGHLY COMPENSATED EMPLOYEE

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                            12/00/02

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
_______________________________________________________________________

2689. 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: This regulation will modify section 367(a), stock transfer 
regulations, to address abuses under check-the-box and through the use 
of convertible stock.

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-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
Fax: 202 622-4476

RIN: 1545-AX77
_______________________________________________________________________

2690. 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 proposed regulation prevents the acceleration or 
duplication of losses through the assumption of liabilities in 
transactions involving partnerships.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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: 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-AX93
_______________________________________________________________________

2691. LIKE-KIND EXCHANGES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 168; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations relate to like-kind exchanges under section 
168 of the Internal Revenue Code.

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-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

[[Page 75057]]

_______________________________________________________________________

2692. 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                            07/31/02                    67 FR 49634
Hearing                         11/06/02                    67 FR 49634
Final Action                    12/00/03

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) 622-3850
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: 202 622-3850

RIN: 1545-AY17
_______________________________________________________________________

2693. 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 proposed regulations provide guidance on changes to the 
law for corporate estimated taxes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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 attorney: 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
_______________________________________________________________________

2694. USE OF TAXPAYER IDENTIFYING NUMBERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6109; 26 USC 1445; 26 USC 897

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/26/02                    67 FR 48823
Hearing                         11/13/02                    67 FR 48823
Final Action                    12/00/03

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
_______________________________________________________________________

2695. DUAL CONSOLIDATED LOSS RECAPTURE EVENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation will revise provisions in section 
1503(d) of the Internal Revenue Code relating to dual consolidated 
losses.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/01/02                    67 FR 49892
Hearing                         12/03/02                    67 FR 49892
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-106879-00
Drafting attorney: Kathryn T. Holman (202) 622-3860 and Kenneth D. 
Allison (202) 622-3860
Reviewing attorney: Michael H. Frankel (202) 622-3860
CC:INTL

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

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

RIN: 1545-AY27
_______________________________________________________________________

2696. TAXABLE YEARS OF CFCS AND FPHCS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 898

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

[[Page 75058]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

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

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

RIN: 1545-AY30
_______________________________________________________________________

2697. ALLOCATION OF INCOME AND DEDUCTIONS FROM INTANGIBLES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 482

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

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

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

RIN: 1545-AY38
_______________________________________________________________________

2698. 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                            06/00/03

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: Sharon Kay (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
_______________________________________________________________________

2699. 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                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-125499-00
Drafting attorney: Janet A. Laufer (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6030
Treasury attorney: William Bortz (202) 622-1352
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-AY61
_______________________________________________________________________

2700. LIABILITIES ASSUMED IN CERTAIN CORPORATE TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 357

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

[[Page 75059]]

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
_______________________________________________________________________

2701. 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                            12/00/02

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
_______________________________________________________________________

2702. 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: This proposed rule relates to the 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                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-120297-01
Drafting attorney: David L. Fish (202) 622-4590
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:DPL

Agency Contact: David L. Fish, Senior Technician Reviewer, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4590

RIN: 1545-AY89
_______________________________________________________________________

2703. PAYMENTS FOR INTEREST IN PARTNERSHIP

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 736

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations relate to section 736(b)(3)(B), 
regarding 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                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-123382-01
Drafting attorney: James M. Gergurich (202) 622-3070
Reviewing attorney: Christine Ellison (202) 622-3070
CC:P&SI

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

RIN: 1545-AY90
_______________________________________________________________________

2704. TAX SHELTER PENALTIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6662; 26 USC 6664

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The proposed regulations relate to sections 6662 and 6664 
regarding tax shelter penalties. The project has arisen in connection 
with the revision to Circular 230.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

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: Richard S. Goldstein (202) 622-7820
Treasury attorney: Julian Kim (202) 622-1981
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-AY97
_______________________________________________________________________

2705. 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: The proposed regulations provide guidance on the treatment of

[[Page 75060]]

costs incurred in connection with the creation of an intangible asset.

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-125638-01
Drafting attorney: Andrew J. Keyso, Jr. (202) 622-5020
Reviewing attorney: Robert Casey (202) 622-4950
Treasury attorney: Jodi Cohen (202) 622-0160
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: 202 622-5020

RIN: 1545-BA00
_______________________________________________________________________

2706. 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 proposed regulation provides guidance with respect to 
methods of apportioning interest expense under section 864(e) of the 
Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

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 attorneys: Michael Caballero (202) 622-0851, John Harrington 
(202) 622-0589
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
_______________________________________________________________________

2707. 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 
plans cannot be reduced because of the attainment of any age.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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
_______________________________________________________________________

2708. 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: The proposed regulations are in regard to intercompany 
obligations.

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-107592-00
Drafting attorney: Frances Kelly (202) 622-7770
Reviewing attorney: Michael J. Wilder (202) 622-7750
Treasury attorney: Audrey Nacamuli (202) 622-5721
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

RIN: 1545-BA11
_______________________________________________________________________

2709. 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                            12/00/02

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

[[Page 75061]]

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
_______________________________________________________________________

2710. CONTINUATION OF A CONSOLIDATED GROUP

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

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

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-126022-01
Drafting attorney: Christopher M. Bass (202) 622-7770
Reviewing attorney: Edward Cohen (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
_______________________________________________________________________

2711. PROPERTY EXEMPT FROM LEVY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6334

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation will 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

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
_______________________________________________________________________

2712. GASOLINE TAX CLAIMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 48

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           10/23/01                    66 FR 53564
NPRM                            06/00/03

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
_______________________________________________________________________

2713. SUSPENSION OF STATUTES OF LIMITATION IN JOHN DOE AND THIRD-PARTY 
SUMMONS DISPUTES AND EXPANSION OF TAXPAYERS' RIGHTS TO RECEIVE NOTICE 
AND SEEK JUDICIAL REVIEW OF THIRD PARTY SUMMONSES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The proposed regulation provides guidance regarding modified 
rules for serving summonses on third-party recordkeepers, the broadened 
range of summonses subject to the notice requirements, and the 
suspension of limitations periods when court actions are brought or 
when a summoned third party fails to fully respond to a summons. This 
proposed regulation incorporates the changes enacted in RRA 1998, OBRA 
1990, TAMRA 1988, and TRA 1986. This regulation is a continuation of 
the regulation project previously numbered at REG-208225-88.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-153037-01
Drafting attorney: Elizabeth D. Rawlins (202) 622-3630
Reviewing attorney: Robert A. Miller (202) 622-3630
CC:P&A:CB&S

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

RIN: 1545-BA31
_______________________________________________________________________

2714. AMENDMENTS TO RULES FOR ALLOCATION OF BASIS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 755

CFR Citation: 26 CFR 755

Legal Deadline: None

[[Page 75062]]

Abstract: The proposed regulation amends the regulations under section 
755 (section 1.755-1) in order to better coordinate with recent 
revisions to section 1.755-2 relating to rules for allocation of basis.

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-155345-01
Drafting attorney: Craig A. Gerson (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050
Treasury attorney: Deborah Harrington (202) 622-1788
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-BA32
_______________________________________________________________________

2715. EARNED INCOME CREDIT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation removes 26 CFR 1.32-2 because of legislative 
changes.

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-135061-01
Drafting attorney: Shoshanna Chaiton (202) 622-6080
Reviewing attorney: Karin Loverud (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-BA34
_______________________________________________________________________

2716. INCOME FROM SOURCES WITHIN SPECIFIED POSSESSION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 931; 26 USC 911

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will remove the reference to section 911 in 
the section 931 regulations and update the definition of a possession 
under those regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-159068-01
Drafting attorney: Jonathan A. Sambur (202) 622-3840
Reviewing attorney: Phyllis E. Marcus (202) 622-3840
Treasury attorney: Michael Mundaca (202) 622-1752
CC:INTL

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

RIN: 1545-BA37
_______________________________________________________________________

2717. MULTI-FAMILY HOUSING BONDS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to various issues with respect to 
multi-family housing bonds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: State, Local

Additional Information: REG-163765-01
Drafting attorney: Rose M. Weber (202) 622-3980
Reviewing attorney: Bruce M. Serchuk (202) 622-3980
Treasury attorney: Stephen J. Watson (202) 6622-1322
CC:TEGE

Agency Contact: Rose M. Weber, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-BA45
_______________________________________________________________________

2718. DETERMINATION OF BASIS OF PARTNER'S INTEREST; SPECIAL RULES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: These proposed regulations will provide the appropriate basis 
adjustment under section 705 in certain situations in which a 
corporation has a direct or indirect interest in a partnership that 
owns stock in that corporation where the partnership distributes money 
or other property to another partner and that partner recognizes gain 
on the distribution during a year in which the partnership does not 
have an election under section 754 in effect, and the partnership 
subsequently sells or exchanges the stock.

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-167648-01
Drafting attorney: Barbara MacMillan (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050

[[Page 75063]]

Treasury attorney: Stephanie Robinson (202) 622-9858
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-BA50
_______________________________________________________________________

2719. PARTNERSHIP OPTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 704; 26 USC 721

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation provides tax treatment of 
partnership options.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-103580-02
Drafting attorney: Audrey W. Ellis (202) 622-3188
Reviewing attorneys: Matthew Lay (202) 622-3060 and Jeanne Sullivan 
(202) 622-3060
Treasury attorney: Deborah Harrington (202) 622-1788
CC:P&SI

Agency Contact: Audrey W. Ellis, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3188

RIN: 1545-BA53
_______________________________________________________________________

2720. USER FEES FOR OFFERS TO COMPROMISE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 31 USC 9701

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations relating to user fees would be amended to 
provide for the imposition of a user fee for processing of offers to 
compromise. The charging of user fees implements the Independent 
Offices Appropriations Act, 31 U.S.C. 9701.

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-103777-02
Drafting attorney: Gene W. Beard (202) 622-3620
Reviewing attorney: Frederick W. Schindler (202) 622-3620
Treasury attorney: Jodi Cohen (202) 622-0160
CC:P&A:CB&S

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

RIN: 1545-BA54
_______________________________________________________________________

2721. MODIFICATION OF CHECK THE BOX (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: The Modification of Check the Box regulations will add a new 
section to the 301.7701-2 regulations to provide that in certain 
circumstances, namely in State law mergers and conversions, a surviving 
disregarded entity will be regarded for purposes of assessment and 
collection of prior year tax liabilities of predecessor entities. Thus, 
following a transaction in which a regarded entity is merged or 
converted into a disregarded entity, the Commissioner will be able to 
exercise collection and assessment authority against the disregarded 
entity for any liabilities stemming from tax periods of the regarded 
entity prior to the date of the transaction.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulation            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-106681-02
Drafting attorney: James M. Gergurich (202) 622-3070
Reviewing attorney: Jeanne Sullivan (202) 622-3070
Treasury attorney: Stephanie Robinson (202) 622-9858
CC:P&SI

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

RIN: 1545-BA58
_______________________________________________________________________

2722. MODIFICATION OF CHECK THE BOX

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: 26 CFR 1; 26 CFR 301

Legal Deadline: None

Abstract: The Modification of Check the Box regulation will add a new 
section to the 301.7701-2 regulations to provide that in certain 
circumstances, namely in State law mergers and conversions, a surviving 
disregarded entity will be regarded for purposes of assessment and 
collection of prior year tax liabilities of predecessor entities. Thus, 
following a transaction in which a regarded entity is merged or 
converted into a disregarded entity, the Commissioner will be able to 
exercise collection and assessment authority against the disregarded 
entity for any liabilities stemming from tax periods of the regarded 
entity prior to the date of the transaction.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Federalism:  Undetermined

[[Page 75064]]

Additional Information: REG-106681-02
Drafting attorney: James M. Gergurich (202) 622-3070
Reviewing attorney: Jeanne Sullivan (202) 622-3070
Treasury attorney: Stephanie Robinson (202) 622-9858
CC:P&SI

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

RIN: 1545-BA59
_______________________________________________________________________

2723. ABATEMENT OF INTEREST ON LARGE ERRONEOUS REFUNDS

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 6404(e)

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This proposed regulation will provide rules that address 
whether the Internal Revenue Service may abate interest on an erroneous 
refund exceeding $50,000 pursuant to I.R.C. section 6404(e) (26 U.S.C. 
6404(e)).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-167500-01
Drafting attorney: David A. Abernathy (202) 622-7940
Reviewing attorney: Richard Goldman (202) 622-7940
CC:P&A:AP JP

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

RIN: 1545-BA61
_______________________________________________________________________

2724. ALLOCATION AND APPORTIONMENT RULES: GUIDANCE ON SELECTED ISSUES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 863

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance with respect to the 
allocation and apportionment under section 861 of selected deductions; 
e.g., charitable contributions and research and experimentation 
expenses.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-128240-01
Drafting attorney: Teresa B. Hughes (202) 622-3850
Reviewing attorney: Anne Devereaux (202) 622-3850
Treasury attorney: John Harrington (202) 622-0589
CC:INTL

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

RIN: 1545-BA64
_______________________________________________________________________

2725. PROVISIONS REGARDING CROSS-BORDER TRANSACTIONS

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 368(a)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation will make conforming changes to 
account for cross-border section 368(a)(1)(A) mergers.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-125628-01
Drafting attorney: Robert W. Lorence (202) 622-3860
Reviewing attorney: Charles 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
Fax: 202 622-4476

RIN: 1545-BA65
_______________________________________________________________________

2726. [bull] INTEREST OTHER THAN THAT OF A CREDITOR

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 465; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance under section 465(b)(3) of 
the Internal Revenue Code. The regulations state when 465(b)(3) will 
apply to activities and clarify who has an interest other than that of 
a creditor.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-209377-89
Drafting attorney: Tara P. Volungis (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3070
Treasury attorney: John Parcell (202) 622-2578
CC:P&SI

Agency Contact: Tara P. Volungis, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224

[[Page 75065]]

Phone: 202 622-3080

RIN: 1545-BA69
_______________________________________________________________________

2727. [bull] DEFINITION OF REORGANIZATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation addresses the continuity of business 
enterprise and continuity of interest requirements for a reorganization 
when stock ownership in the target corporation represents an 
insubstantial part of the entire value of the target corporation.

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-119726-02
Drafting attorney: Richard C. Starke (202) 622-7750
Reviewing attorney: Kenneth Cohen (202) 622-7790
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

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

RIN: 1545-BA71
_______________________________________________________________________

2728. [bull] CONTROLLED FOREIGN PARTNERSHIP REPORTING

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 6038

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance regarding controlled 
foreign partnership reporting.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-124069-02
Drafting attorney: Tasheaya Warren (202) 622-3860
Reviewing attorney: Michael H. Frankel (202) 622-3860
CC:INTL

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

RIN: 1545-BA77
_______________________________________________________________________

2729. [bull] DISCLOSURE OF RELATIVE VALUE OF DISTRIBUTION FORMS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805(b); 26 USC 417(a)(3)(A)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will specify the disclosures that must be 
made to participants in qualified pension plans to describe the 
relative value of the available optional forms of benefit.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses, Organizations

Government Levels Affected: None

Additional Information: REG-124667-02
Drafting attorney: Linda S.F. Marshall (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6000
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-BA78
_______________________________________________________________________

2730. [bull] REDEMPTIONS TREATED AS DIVIDENDS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation under section 302 of the Internal 
Revenue Code (Code), permits basis of redeemed stock to be recovered by 
the redeemed shareholder. Proposed regulations under section 304 of the 
Code reflect changes made by the Internal Revenue Service Restructuring 
and Reform Act of 1998, Taxpayer Relief Act of 1997, Tax Reform Act of 
1986, Deficit Reduction Act of 1984, and the Tax Equity and Fiscal 
Responsibility Act of 1982 to the statute. Proposed regulations under 
section 304 also reference proposed regulations under section 302 as 
they relate to the treatment of basis of redeemed stock in redemptions 
treated as dividends.

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-150313-01
Drafting attorney: Lisa K. Leong (202) 622-7530
Reviewing attorney: Lewis K. Brickates (202) 622-7530
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

Agency Contact: Lisa K. Leong, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7530

RIN: 1545-BA80
_______________________________________________________________________

2731. [bull] PARTNERSHIP TRANSACTIONS INVOLVING LONG-TERM CONTRACTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 460

[[Page 75066]]

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: Currently, regulations under section 460 divide the rules 
regarding a mid-contract change in taxpayer engaged in completing long-
term contracts into two categories-constructive completion transactions 
and step-in-the-shoes transactions. The regulations provide that a 
transfer described in section 721(a) of a long-term contract to a 
partnership and a transfer of a partnership interest are step-in-the-
shoes transactions. These regulations will explain the tax consequences 
of contributions of long-term contracts to, transfers of interests in, 
and distributions from, partnerships holding long-term contracts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-128203-02
Drafting attorney: Richard T. Probst (202) 622-3060
Reviewing attorney: Matthew Lay (202) 622-3060
Treasury attorney: Deborah Harrington (202) 622-1788
CC:P&SI

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

RIN: 1545-BA81
_______________________________________________________________________

2732. [bull] ALLOCATION OF NEW MARKETS TAX CREDIT

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 45D; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations will address how the section 45D new markets 
tax credit should be allocated to the partners of a partnership under 
section 704(b) of the Internal Revenue Code and will address related 
partnership issues.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-131999-02
Drafting attorney: James A. Quinn (202) 622-3070
Reviewing attorney: Matthew Lay (202) 622-3060
CC:P&SI

Agency Contact: James A. Quinn, Senior Counsel, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3070

RIN: 1545-BA84
_______________________________________________________________________

2733. [bull] CARRYOVER AND STACKING RULE AMENDMENT

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 42

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The low-income housing tax credit rules that concern 
carryover allocations under section 1.42-6 and stacking rules under 
section 1.42-14 are amended to reflect changes under the Community 
Renewal Tax Relief Act of 2000.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-131997-02
Drafting attorney: Christopher J. Wilson (202) 622-3040
Reviewing attorney: Susan Reaman (202) 622-3040
Treasury attorney: Steve Watson (202) 622-1322
CC:P&SI

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

RIN: 1545-BA85
_______________________________________________________________________

2734. [bull] GUIDANCE ON REPORTING OF DEPOSIT INTEREST PAID TO 
NONRESIDENT ALIENS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1; 26 CFR 31

Legal Deadline: None

Abstract: This regulation will provide guidance on the reporting 
requirements for interest on deposits maintained at U.S. offices of 
certain financial institutions and paid to nonresident aliens that are 
residents of certain specified countries.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/02/02                    67 FR 50386
Hearing                         12/05/02                    67 FR 50386
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-133254-02
Drafting attorney: Alexandra R. Helou (202) 622-3840
Reviewing attorney: Valerie Mark Lippe (202) 622-3840
Treasury attorney: Patrick Brown (202) 622-1781
CC:INTL

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

RIN: 1545-BA86
_______________________________________________________________________

2735. [bull] AGGREGATE COMPUTATION AND ALLOCATION OF RESEARCH CREDIT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 41

CFR Citation: 26 CFR 1

Legal Deadline: None

[[Page 75067]]

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 a controlled group.

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-133791-01
Drafting attorney: Jolene J. Shiraishi (202) 622-3120
Reviewing attorneys: Joseph Makurath (202) 622-3120
 Christine Ellison (202) 622-3070
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

Agency Contact: Jolene J. Shiraishi, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20044
Phone: 202 622-3120

Related RIN: Related To 1545-AX05
RIN: 1545-BA88
_______________________________________________________________________

2736. [bull] DESIGNATED IRS OFFICER OR EMPLOYEE

Priority: Routine and Frequent

Legal Authority: 26 USC 7602

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulatory amendment clarifies that Chief Counsel 
attorneys can receive the designated authority to take summoned 
testimony under oath.

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-134026-02
Drafting attorney: Elizabeth D. Rawlins (202) 622-3630
Reviewing attorney: Robert A. Miller (202) 622-3630
CC:P&A:CB&S

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

Related RIN: Related To 1545-BA98
RIN: 1545-BA89
_______________________________________________________________________

2737. [bull] TRANSFER OF NOTES OR STOCK TO PROVIDE FOR SATISFACTION OF 
CONTESTED LIABILITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The proposed regulations would amend section 1.461-2 that 
allows a taxpayer to deduct in the taxable year of transfer the amount 
of money on other property transferred to satisfy an asserted liability 
that the taxpayer contests. The amendment to section 1.461-2(c)(1) 
would provide that transfers of a taxpayer's own note or stock of the 
note or stock of a related person are not transfers to provide for the 
satisfaction of an asserted liability, except where the transfer has 
been made to the person who is asserting the liability.

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-136890-02
Drafting attorney: Norma C. Rotunno (202) 622-7900
Reviewing attorney: Thomas D. Moffitt (202) 622-7900
Treasury attorney: Christopher Ohmes (202) 622-1335
CC:IT&A

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

Related RIN: Related To 1545-BA91
RIN: 1545-BA90
_______________________________________________________________________

2738. [bull] TRANSFER OF NOTES OR STOCK TO PROVIDE FOR SATISFACTION OF 
CONTESTED LIABILITIES (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The temporary regulations would amend section 1.461-2 that 
allows a taxpayer to deduct in the taxable year of transfer the amount 
of money or other property transferred to satisfy an asserted liability 
that the taxpayer contests. The amendment to section 1.461-2(c)(1) 
would provide that transfers of a taxpayer's own note or stock or the 
note or stock of a related person are not transfers to provide for the 
satisfaction of an asserted liability, except where the transfer has 
been made to the person who is asserting the liability.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulations           12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-136890-02
Drafting attorney: Norma C. Rotunno (202) 622-7900
Reviewing attorney: Thomas D. Moffitt (202) 622-7900
Treasury attorney: Christopher Ohmes (202) 622-1335
CC:IT&A

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

Related RIN: Related To 1545-BA90
RIN: 1545-BA91
_______________________________________________________________________

2739. [bull] INCLUSION RATIO

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 2642

CFR Citation: 26 CFR 1

Legal Deadline: None

[[Page 75068]]

Abstract: This proposed regulation issue regulations under section 
642(g) relating to relief provisions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-136761-02
Drafting attorney: Lian A. Mito (202) 622-7830
Reviewing attorney: James F. Hogan (202) 622-7830
Treasury attorney: Catherine Hughes (202) 622-9407
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-BA94
_______________________________________________________________________

2740. [bull] EMPLOYMENT TAXES--FAILURE-TO-DEPOSIT PENALTY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6656; 26 USC 6302

CFR Citation: 26 CFR 31

Legal Deadline: None

Abstract: Reconsideration of Rev. Rul. 75-191 (situations 1 and 2) 
regarding the application of the section 6656 failure-to-deposit 
penalty where employment taxes should have been withheld but were not. 
Ruling provides employer will not be subject to the penalty if employer 
did not actually withhold the taxes. In contrast, Treas. Reg. section 
1.1461-1(a)(2) provides that penalty will be due for taxes under 
chapter 3 of the Code if the withholding agent should have withheld the 
tax but in fact did not withhold as required. Regulation will conform 
treatment of employment taxes to chapter 3 taxes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-136778-02
Drafting attorney: Charles A. Hall (202) 622-4940
Reviewing attorney: Judith Wall (202) 622-4940
Treasury attorney: John Parcell (202) 622-2578
CC:PA: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-BA97
_______________________________________________________________________

2741. [bull] DESIGNATED IRS OFFICER OR EMPLOYEE (TEMPORARY)

Priority: Routine and Frequent

Legal Authority: 26 USC 7602(a)

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulatory amendment clarifies that Chief Counsel 
attorneys can receive the designated authority to take summoned 
testimony under oath.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulations           06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-134026-02
Drafting attorney: Elizabeth D. Rawlins (202) 622-3630
Reviewing attorney: Robert Miller (202) 622-3630
CC:P&A:CB&S

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

Related RIN: Related To 1545-BA89
RIN: 1545-BA98
_______________________________________________________________________

2742. [bull] TIMELY MAILING TREATMENT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7502

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation will expressly provide that a registered or 
certified mail receipt is the sole means to prove delivery of a 
document to the Internal Revenue Service.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-138176-02
Drafting attorney: Charles A. Hall (202) 622-4940
Reviewing attorney: Ashton Trice (202) 622-4940
Treasury attorney: John Parcell (202) 622-2578
CC:PA: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-BA99
_______________________________________________________________________

2743. [bull] HAND CARRY RETURNS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6091

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance to taxpayers on the proper 
place to file a return by hand carrying the return to the Internal 
Revenue Service. Currently, the regulations provide that handcarried 
returns should be filed with the District Director.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-138173-02
Drafting attorney: Ann M. Kramer (202) 622-4940
Reviewing attorney: Ashton Trice (202) 622-4940

[[Page 75069]]

Treasury attorney: John Parcell (202) 622-2578
CC:PA:APJP

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

RIN: 1545-BB00
_______________________________________________________________________

2744. [bull] REDUCED EXCLUSION OF GAIN FROM SALE OR EXCHANGE OF 
PRINCIPAL RESIDENCE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 121; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation provides guidance on when a taxpayer 
who has not owned and used the property for two years or who has 
claimed the exclusion within the last two years is eligible to claim a 
reduced exclusion under section 121(c).

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-138882-02
Drafting attorney: Sara P. Shepherd (202) 622-4960
Reviewing attorney: George Baker (202) 622-4930
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:IT&A

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

RIN: 1545-BB01
_______________________________________________________________________

2745. [bull] REDUCED EXCLUSION OF GAIN FROM SALE OR EXCHANGE OF 
PRINCIPAL RESIDENCE (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 121; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance on when a taxpayer who has 
not owned and used the property for two years or who has claimed the 
exclusion within the last two years is eligible to claim a reduced 
exclusion under section 121(c).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulation            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-138882-02
Drafting attorney: Sara P. Shepherd (202) 622-4960
Reviewing attorney: George Baker (202) 622-4930
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:IT&A

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

RIN: 1545-BB02
_______________________________________________________________________

2746. [bull] HEAVY VEHICLE TAX; DEFINITION OF HIGHWAY TRACTOR

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 4051; 26 USC 7805

CFR Citation: 26 CFR 48

Legal Deadline: None

Abstract: This regulation provides the definition of highway tractor 
under section 4051.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-137079-02
Drafting attorney: Celia A. Gabrysh (202) 622-3130
Reviewing attorney: Richard A. Kocak (202) 622-3130
Treasury attorney: John Parcell (202) 622-2570
CC:P&SI

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

RIN: 1545-BB03
_______________________________________________________________________

2747. [bull] CHANGE IN USE; ACCELERATED COST RECOVERY SYTSTEM

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 168

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation provides guidance under section 168 
regarding depreciation of property for which the use changes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-138499-02
Drafting attorney: Kathleen Reed (202) 622-3110
Reviewing attorney: Charles Ramsey (202) 622-3110
CC:P&SI

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

RIN: 1545-BB05

[[Page 75070]]

_______________________________________________________________________

2748. [bull] DEPRECIATION OF VANS AND LIGHT TRUCKS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 280F(d)(5)(B)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation amends section 1.280F-6T(c)(3) to provide 
that a truck or van that is a qualified nonpersonal use vehicle, as 
defined in section 274(i) and section 1.274-5T(k), is not a ``passenger 
automobile'' for purposes of section 280F.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-138495-02
Drafting attorney: Bernard P. Harvey, III (202) 622-3110
Reviewing attorney: Charles B. Ramsey (202) 622-3110
Treasury attorney: John Parcell (202) 622-2578
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-BB06
_______________________________________________________________________

2749. [bull] CAPITAL ACCOUNT BOOKUP

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 704; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation will expand the circumstances under 
which a revaluation of partnership capital accounts is permitted.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-139796-02
Drafting attorney: Craig A. Gerson (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050
Treasury attorney: Deborah Harrington (202) 622-1788
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-BB10
_______________________________________________________________________

2750. [bull] ALLOCATION OF FOREIGN TAX CREDITS AMONG PARTNERS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 704(b); 26 USC 703(b)(3); 26 USC 702(a)(b)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will provide guidance on how foreign tax 
credits must be allocated to partners under section 704(b).

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-139792-02
Drafting attorney: Beverly M. Katz (202) 622-3050
Reviewing attorney: Daniel Carmody (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-BB11
_______________________________________________________________________

2751. [bull] DISTRIBUTIONS OF PROPERTY

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 1023; 26 USC 1024; 26 USC 2032

CFR Citation: 26 CFR 301; 26 CFR 20

Legal Deadline: None

Abstract: This regulation will clarify the language in section 
301.9100-6T to remove confusion as to whether relief for making an 
election under section 2032 is available under sections 301.9100-1 and 
301-9100-3.

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-139845-02
Drafting attorney: Theresa M. Melchiorre (202) 622-7830
Reviewing attorney: Katherine A. Mellody (202) 622-7830
Treasury attorney: Catherine Hughes (202) 622-9407
CC:P&SI

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

RIN: 1545-BB12
_______________________________________________________________________

2752. [bull] PENALTIES FOR UNAUTHORIZED INSPECTION OF RETURNS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103(n)

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation amends 26 CFR 301.6103(n)-1 to require that 
contractors notify their employees regarding penalties for unauthorized 
inspection of returns and/or return information necessitated by 
amendment of 26 U.S.C. 7213A.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

[[Page 75071]]

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-129271-02
Drafting attorney: Carol A. Marchant (202) 622-4590
Reviewing attorney: Michael B. Froseh (202) 622-4590
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:D&PL

Agency Contact: Carol A. Marchant, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4590

RIN: 1545-BB13
_______________________________________________________________________

2753. [bull] STRUCTURED SETTLEMENT FACTORING TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 115

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: These regulations relate to section 5891 of the Internal 
Revenue Code. Section 5891 imposes 240 percent excise tax upon any 
person who acquires certain payment rights in a structured settlement 
factoring transaction. The regulations provide guidance necessary to 
comply with the reporting requirements of the excise tax.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-139768-02
Drafting attorney: Shareen S. Pflanz (202) 622-4920
Reviewing attorney: Charles Strickland (202) 622-4960
CC:IT&A

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

Related RIN: Related To 1545-BB24
RIN: 1545-BB14
_______________________________________________________________________

2754. [bull] TESTIMONY AUTHORIZATIONS AND REQUESTS FOR IRS INFORMATION

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 301

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This proposed regulation will amend existing regulations on 
testimony authorizations and requests for IRS information.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-140930-02
Drafting attorney: James A. Clark (202) 622-4590
Reviewing attorney: David L. Fish (202) 622-4590
CC:P&A:DP&L

Agency Contact: James A. Clark, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4590

RIN: 1545-BB15
_______________________________________________________________________

2755. [bull] INVESTIGATIVE DISCLOSURES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103(k)(6)

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This proposed regulation will amend existing regulations on 
disclosure of return information by Internal Revenue Officers and 
employees for investigative purposes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-140808-02
Drafting attorney: Helene R. Newsome (202) 622-4570
Reviewing attorney: Donald M. Squires (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:DP&L

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

Related RIN: Related To 1545-BB17
RIN: 1545-BB16
_______________________________________________________________________

2756. [bull] INVESTIGATIVE DISCLOSURES (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103(K)(6)

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This proposed regulation will amend existing regulations on 
disclosure of return information by Internal Revenue Officers and 
employees for investigative purposes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulation            03/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-140808-02
Drafting attorney: Helene R. Newsome (202) 622-4570
Reviewing attorney: Donald M. Squires (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:DP&L

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

Related RIN: Related To 1545-BB16
RIN: 1545-BB17
_______________________________________________________________________

2757. [bull] TOLL TELEPHONE SERVICE-DEFINITION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

[[Page 75072]]

CFR Citation: 26 CFR 49

Legal Deadline: None

Abstract: This proposed regulation provides amendments to regulations 
relating to definition of toll telephone service.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-141097-02
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-BB18
_______________________________________________________________________

2758. [bull] SUBSTANTIATION OF INCIDENTAL EXPENSES (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 274(d)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These temporary regulations amend the regulations under 
section 1.274-5 to grant the Commissioner authority to establish a 
method under which a taxpayer may elect to use a specified amount or 
amounts for incidental expenses paid or incurred while traveling away 
from home in lieu of substantiating the actual incidental expenses.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-141832-02
Drafting attorney: John Moriarty (202) 622-4930
Reviewing attorney: Donna Crissali (202) 622-4800
CC:IT&A

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

Related RIN: Related To 1545-BB20
RIN: 1545-BB19
_______________________________________________________________________

2759. [bull] SUBSTANTIATION OF INCIDENTAL EXPENSES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 274(d)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations amend the regulations under 
section 1.274-5 to grant the Commissioner authority to establish a 
method under which a taxpayer may elect to use a specified amount or 
amounts for incidental expenses paid or incurred while traveling away 
from home in lieu of substantiating the actual incidental expenses.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-141832-02
Drafting attorney: John Moriarty (202) 622-4930
Reviewing attorney: Donna Crissali (202) 622-4800
CC:IT&A

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

Related RIN: Related To 1545-BB19
RIN: 1545-BB20
_______________________________________________________________________

2760. [bull] DUPLICATE TAX BENEFITS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation prevents a consolidated group from deriving 
more than one tax benefit from a single economic loss. A loss on 
consolidated return, with respect to the sale of a subsidiary's stock, 
will be suspended to the extent of duplication (i.e. the group retains 
the loss asset) as long as a the subsidiary remains a member of the 
group. In addition, there is a basis leveling rule, which prevents 
groups from loading onto a single block of subsidiary stock and selling 
only that stock, while maintaining that subsidiary as part of the 
group.

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-131478-02
Drafting attorney: Aimee K. Meacham (202) 622-7530
Reviewing attorney: Sean Duffley (202) 622-7530
CC:CORP

Agency Contact: Aimee K. Meacham, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7530

RIN: 1545-BB25
_______________________________________________________________________

2761. [bull] COST SHARING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 482

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations will provide additional guidance 
on cost sharing arrangements under section 482.

[[Page 75073]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Additional Information: REG-144615-02
Drafting attorney: Bradley A. Smith (202) 874-1490
Reviewing attorney: Elizabeth G. Beck (202) 874-1490
Treasury attorney: Rocco Femia (202) 622-1755
CC:INTL

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

RIN: 1545-BB26
_______________________________________________________________________

2762. [bull] APPLICATION OF SEPARATE LIMITATIONS TO DIVIDENDS FROM 
NONCONTROLLED SECTION 902 CORPORATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 904(d)(6)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The Taxpayer Relief Act of 1997 amended the foreign tax 
credit limitation rules under section 904(d) and extended lookthrough 
treatment to dividends paid by a 10/50 lookthrough corporation, 
effective for earnings and profits accumulated in tax years beginning 
after 12/31/02. These regulations would provide guidance needed to 
comply with these changes, including transition rules for dividends 
paid by a 10/50 lookthrough corporation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-144784-02
Drafting attorney: Ginny Y. Chung (202) 622-3850
Reviewing attorney: Bethany Ingwalson (202) 622-3850
CC:INTL

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

RIN: 1545-BB28
_______________________________________________________________________

2763. [bull] EXTENSION OF TIME FOR FILING RETURNS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6081

CFR Citation: 26 CFR 31

Legal Deadline: None

Abstract: This regulation will amend the section 6081 regulations to 
remove the signature requirement for Form 8809, Request for Extension 
of Time to File Information Returns. This will enable filers of 
information returns to request an extension of time to file using an 
online version of the Form 8809.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107618-02
Drafting attorney: Charles A. Hall (202) 622-4940
Reviewing attorney: Judith Wall (202) 622-4940
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-BB29
_______________________________________________________________________

2764. [bull] EXCLUSIONS FROM GROSS INCOME OF FOREIGN CORPORATIONS

Priority: Substantive, Nonsignificant

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

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide rules with respect to whether a 
foreign country will be considered to grant a reciprocal Aircraft/
Shipping exemption to U.S. corporations for purposes of section 883 of 
the Code. This regulations will also provide rules with respect to 
whether a foreign corporation satisfies the ownership requirements of 
section 883(c) and the activity requirements of section 883(a). The 
regulation affects a large segment of the shipping and air transport 
industries.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/02/02                    67 FR 50510
Hearing                         11/12/02                    67 FR 50510
Final Action                    03/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-136311-01
Drafting attorneys: Patricia A. Bray (202) 622-3880 and David L. Lundy 
(202) 622-3880
Reviewing attorney: Elizabeth U. Karzon (202) 622-3880
Treasury attorney: Dirk Suringa (202) 622-1779
This regulation (formerly 1545-BA07) is being reproposed and
Reg-208280 (1545-AJ57) is being withdrawn.
CC:INTL

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

David L. Lundy, Attorney-Advisor, Department of the Treasury, Internal 
Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-3880

RIN: 1545-BB30
_______________________________________________________________________

2765. [bull] TAX SHELTER DISCLOSURE STATEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6001; 26 USC 601(a)

CFR Citation: 26 CFR 1

[[Page 75074]]

Legal Deadline: None

Abstract: These regulations modify the rules relating to the disclosure 
of reportable transactions by certain taxpayers under section 6011(a).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103735-00
Drafting attorney: Tara P. Volungis (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3080
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

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

Related RIN: Related To 1545-AX81, Related To 1545-BA62
RIN: 1545-BB32
_______________________________________________________________________

2766. [bull] REQUIREMENT TO MAINTAIN LIST OF INVESTORS IN POTENTIALLY 
ABUSIVE TAX SHELTERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6112

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: These regulations modify the rules relating to the list 
maintenance requirements for sellers and organizers of potentially 
abusive tax shelters under section 6112.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103736-00
Drafting attorney: Charlotte Chyr (202) 622-3080
Reviewing attorney: Mary Beth Collins (202) 622-3080
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

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

Related RIN: Related To 1545-AX79, Related To 1545-BA62
RIN: 1545-BB33
_______________________________________________________________________

2767. [bull] OTHER ASSESSABLE PENALTIES WITH RESPECT TO THE PREPARATION 
OF INCOME TAX RETURNS FOR OTHER PERSONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6107; 26 USC 6061; 26 USC 6695; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This proposed regulation relates to persons who prepare 
income tax returns for compensation who may satisfy the requirement of 
providing a signed copy of the return to the taxpayer by copies which 
are singed electronically or as otherwise prescribed by the Secretary.

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-141659-02
Drafting attorney: Richard C. Grosenick (202) 622-7940
Reviewing attorney: Stuart Spielman (202) 622-7940
CC:P&A:APJP

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

RIN: 1545-BB34
_______________________________________________________________________

2768. [bull] FRACTIONAL PARTS OF A DOLLAR

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7504

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations will authorize the Internal 
Revenue Service to round figures when transcribing amounts from forms 
into the Service's databases.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-147965-02
Drafting attorney: Marcy W. Mendelsohn (202) 622-4940
Reviewing attorney: Charles A. Hall (20) 622-4940
CC:P&A:APJP

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

RIN: 1545-BB35

[[Page 75075]]

_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
Internal Revenue Service (IRS)
_______________________________________________________________________

2769. GOLDEN PARACHUTE PAYMENTS

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 280G

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide rules relating to restrictions 
on golden parachute payments. The regulations will provide guidance to 
taxpayers, who must comply with section 280G, by delineating the 
circumstances under which payments may be considered excess parachute 
payments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/05/89                    54 FR 19390
NPRM Comment Period End         07/05/89
Hearing                         11/21/89                    54 FR 39548
Second NPRM                     02/20/02                     67 FR 7630
Second NPRM Comment Period End  06/05/02
Public Hearing                  06/26/02
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209114-90 (EE-30-90)
Drafting attorney: Erinn Madden (202) 622-6060
Reviewing attorney: Robert Misner (202) 622-6060
CC:TEGE

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

RIN: 1545-AH49
_______________________________________________________________________

2770. 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.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/05/88                    53 FR 16233
Hearing                         03/01/89                     54 FR 1189
Final Action                    12/00/02

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
Fax: 202 622-4476

RIN: 1545-AK79
_______________________________________________________________________

2771. COMPUTATION OF A BRANCH'S TAXABLE INCOME; TAXATION OF EXCHANGE 
GAIN OR LOSS ON BRANCH REMITTANCES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate to branch rules and how to translate 
branch income, the taxation of exchange gain or loss on branch 
remittances.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/25/91                    56 FR 48457
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-208270-86 (INTL-965-86)
Drafting attorney: Kenneth P. Christman (202) 622-3870
Reviewing attorney: Jeffrey Dorfman (202) 622-3870
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

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

RIN: 1545-AM12
_______________________________________________________________________

2772. 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 proposed regulation addresses 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
Final Action                    12/00/02

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

[[Page 75076]]

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
_______________________________________________________________________

2773. TAXATION OF GLOBAL TRADING

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 864; 26 USC 482; 26 USC 863

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations will improve the taxation of global 
trading.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           08/28/90                    55 FR 35152
NPRM                            03/06/98                    63 FR 11177
NPRM Comment Period End         06/04/98
Hearing                         07/14/98
Final Action                    03/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-208299-90 (INTL-70-90)
Drafting attorney: Kenneth P. Christman (202) 622-3870
Reviewing attorney: Paul S. Epstein (202) 622-3870
Treasury attorney: Patricia Brown (202) 622-1781
CC:INTL

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

RIN: 1545-AP01
_______________________________________________________________________

2774. INTEREST-FREE ADJUSTMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6205

CFR Citation: 26 CFR 31

Legal Deadline: None

Abstract: Under section 6205(a)(1) of the Code, if less than the 
correct amount of tax imposed under the FICA, the RRTA, or the income 
tax withholding provisions is paid with respect to any payment of wages 
or compensation, proper adjustments with respect to both the tax and 
amount to be deducted must be made without interest in such manner and 
in such times as the Secretary may by regulations prescribe. The 
proposed amendments would add language to clarify that an interest-free 
adjustment can be made in certain situations in which the error is 
ascertained before the appropriate return is filed. The proposed 
amendments are intended to apply only to situations in which no return 
was filed because the employer improperly failed to treat its workers 
as employees.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/10/92                    57 FR 58423
NPRM Comment Period End         02/08/93
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209538-92 (EE-12-92)
Drafting attorney: Karin Loverud (202) 622-6060
Reviewing attorney: Mary Oppenheimer (202) 622-6010
CC:TEGE

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

RIN: 1545-AQ61
_______________________________________________________________________

2775. 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 proposed 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                    12/00/02

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
_______________________________________________________________________

2776. ESCROW FUNDS AND OTHER SIMILAR FUNDS

Priority: Substantive, Nonsignificant

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                    12/00/02

[[Page 75077]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209619-93 (IA-17-93)
Drafting attorney: Richard Shevak (202) 622-4930
Reviewing attorney: Jeffery G. Mitchell (202) 622-4930
CC:IT&A

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

RIN: 1545-AR82
_______________________________________________________________________

2777. MARK-TO-MARKET UPON DISPOSITION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 475

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations address the relationship between mark-to-
market accounting and accrual of stated interest, discount and premium, 
and between mark-to-market accounting and the tax treatment of bad 
debts. The regulations also provide that securities are to be marked to 
market upon disposition by a dealer and the exemption from marking to 
market in certain securitization transactions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/04/95                      60 FR 397
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209724-94 (FI-42-94)
Drafting attorney: Stephen J. Coleman (202) 622-3060
Reviewing attorney: Al Kraft (202) 622-3920
CC:FI&P
Sections 1.475(a)-3 finalized in TD 8700. Sections 1.475(b)-4 finalized 
in TD 8700. Sections 1.475(c)-2 finalized in TD 8700.

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

RIN: 1545-AS85
_______________________________________________________________________

2778. STRADDLES---MISCELLANEOUS ISSUES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1092

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation holds equity swaps to be straddles.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/02/95                    60 FR 21482
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209768-95 (FI-21-95)
Drafting attorney: Mary Truchly (202) 622-3960
Reviewing attorney: Christina Morrison (202) 622-3960
CC:FI&P

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

RIN: 1545-AT46
_______________________________________________________________________

2779. AGREEMENTS FOR PAYMENT OF TAX LIABILITIES IN INSTALLMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 301

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/31/97                    62 FR 68241
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-100841-97
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-AU97
_______________________________________________________________________

2780. DEFINITION OF ``PRIVATE ACTIVITY BONDS'' ALLOCATION AND ACCOUNTING 
REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 141; 26 USC 142; 26 USC 145; 26 
USC 148; 26 USC 150

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations will provide general allocation and 
accounting rules for purposes of applying the private activity bond 
tests to tax-exempt bonds issued by State and local governments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/30/94                    59 FR 67658
NPRM Comment Period End         05/01/95
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-101563-97

[[Page 75078]]

Drafting attorney: Bruce M. Serchuk (202) 622-3980
CC:TEGE

Agency Contact: Bruce M. Serchuk, Senior Technician Reviewer, 
Department of the Treasury, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AU98
_______________________________________________________________________

2781. 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                            02/14/01                    66 FR 10249
Final Action                    12/00/02

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
_______________________________________________________________________

2782. 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116826-97
Drafting attorney: Kelly M. Davidson (202) 622-5020
Drating attorney: Donna Crisalli (202) 622-5020
CC:IT&A

Agency Contact: Kelly M. Davidson, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-5020

RIN: 1545-AW01
_______________________________________________________________________

2783. 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: This regulation provides 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-104924-98
Drafting attorney: Stephen J. Coleman (202) 622-3060
Reviewing attorney: Alvin Kraft (202) 622-3920
CC:FI&P

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

RIN: 1545-AW06
_______________________________________________________________________

2784. ELECTION TO TREAT TRUST AS ESTATE

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 of the Internal Revenue Code, relating to certain 
revocable trusts treated as part of an estate.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/18/00                    65 FR 79015
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

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
_______________________________________________________________________

2785. CORPORATE TAX SHELTER REGISTRATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6111

[[Page 75079]]

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-110311-98
Drafting attorneys: Danielle M. Grimm (202) 622-3080 and Tara P. 
Volungis (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

Tara P. Volungis, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-3080

Related RIN: Related To 1545-AX81, Related To 1545-AX79, Related To 
1545-BA62
RIN: 1545-AW26
_______________________________________________________________________

2786. 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-105964-98
Drafting attorney: Theresa Abell (202) 622-7700
Reviewing attorney: Ken Cohen (202) 622-7790
CC:CORP

Agency Contact: Theresa Abell, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7700

RIN: 1545-AW30
_______________________________________________________________________

2787. REPORTING OF PAYMENTS TO ATTORNEY

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

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                     05/17/02                    67 FR 35064
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-126024-01
Drafting attorney: Nancy L. Rose (202) 622-4910
Reviewing attorney: James C. Gibbons (202) 622-4910
Treasury attorney: Michael Novey (202) 622-1339
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-AW72
_______________________________________________________________________

2788. 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-121928-98
Drafting attorney: Melinda G. Williams (202) 622-7940
Reviewing attorneys: Henry Schneiderman (202) 622-7820 and Susan T. 
Mosley (202) 622-7940
Treasury attorney: Julian Kim (202) 622-1981
CC:PA:APJP

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

RIN: 1545-AW99
_______________________________________________________________________

2789. NOTICE OF CONTACT OF THIRD PARTIES

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) of 
the Internal Revenue Code, concerning third-party contacts. The 
Restructuring and Reform Act of 1998, section 3417(a), created a new 
section 7602(c), which provides that the IRS may not contact third 
parties with respect to the

[[Page 75080]]

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                    12/00/02

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
Treasury attorney: Julian Kim (202) 622-1981
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
_______________________________________________________________________

2790. 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 and 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-105606-99
Drafting attorney: Jolene J. Shiraishi (202) 622-3120
Reviewing attorney: Joseph H. Makurath (202) 622-3120
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

Agency Contact: Jolene J. Shiraishi, Attorney-Advisor, Department of 
the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20044
Phone: 202 622-3120

Related RIN: Related To 1545-BA88
RIN: 1545-AX05
_______________________________________________________________________

2791. DELAY RENTAL PAYMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 263

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulations 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                    12/00/02

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
_______________________________________________________________________

2792. HIGHWAY VEHICLE--DEFINITION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 48

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/06/02                    67 FR 38913
Final Action                    06/00/03

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
_______________________________________________________________________

2793. 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) of the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/31/02                    67 FR 38025
Final Action                    06/00/03

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

[[Page 75081]]

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
_______________________________________________________________________

2794. ALLOCATING BASIS ADJUSTMENTS

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 of 
the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/05/00                    65 FR 17829
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-107872-99
Drafting attorney: Craig A. Gerson (202) 622-3050
Reviewing attorney: David Haglund (202) 622-3050
Treasury attorney: Deborah Harrington (202) 622-1788
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
_______________________________________________________________________

2795. 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 regulations 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                    12/00/02

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:IT&A

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

RIN: 1545-AX28
_______________________________________________________________________

2796. 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                    12/00/02

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
_______________________________________________________________________

2797. COMPENSATION DEFERRED UNDER ELIGIBLE SECTION 457(B) PLANS

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                            05/08/02                    67 FR 30826
Public Hearing                  08/29/02                    67 FR 43574
Final Action                    04/00/03

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

[[Page 75082]]

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
_______________________________________________________________________

2798. STOCK TRANSFER RULES: CARRYOVER OF EARNINGS AND TAXES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 367

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance with respect to how 
earnings and profits and foreign income tax accounts carry over under 
section 381 and are allocated under section 312 in certain transactions 
described in section 367(b) of the Internal Revenue Code.

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

Additional Information: REG-116050-99
Drafting attorney: Mark R. Pollard (202) 622-3850
Reviewing attorney: Anne Devereaux (202) 622-3850
Treasury attorney: Michael Caballero (202) 622-0851
CC:INTL

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

RIN: 1545-AX65
_______________________________________________________________________

2799. LOANS TO PARTICIPANTS OR BENEFICIARIES FROM QUALIFIED EMPLOYEE 
PLANS

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
Hearing                         12/06/00
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116495-99
Drafting attorney: Vernon Carter (202) 622-6060
Reviewing attorney: Catherine Fernandez (202) 622-6030
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: 202 622-6060

RIN: 1545-AX68
_______________________________________________________________________

2800. 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 
of the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103736-00
Drafting attorneys: Danielle M. Grimm (202) 622-3080 and Tara P. 
Volungis (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

Tara P. Volungis, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-3080

Related RIN: Related To 1545-AW26, Related To 1545-AX81, Related To 
1545-BA62
RIN: 1545-AX79
_______________________________________________________________________

2801. 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 taxpayers to file a statement 
under section 6011 and maintain certain documents under section 6001 of 
the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

Agency Contact: Danielle M. Grimm, Attorney-Advisor, Department of the

[[Page 75083]]

Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3080

Tara P. Volungis, Attorney-Advisor, Department of the Treasury, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224
Phone: 202 622-3080

Related RIN: Related To 1545-AX79, Related To 1545-AW26, Related To 
1545-BA62
RIN: 1545-AX81
_______________________________________________________________________

2802. 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: This regulation finalizes regulations implementing 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 which will be identical to temporary 
regulations already in effect will 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-103320-00
Drafting attorney: Joseph E. Conley (202) 622-4580
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: 202 622-4580

RIN: 1545-AX85
_______________________________________________________________________

2803. STATUTE OF LIMITATIONS ON COLLECTION INSTALLMENT AGREEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6331

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation provides 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 regulation clarifies when 
levy is prohibited and the effect of the prohibition on the statute of 
limitations for collection.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/17/02                    67 FR 18839
Final Action                    12/00/02

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
_______________________________________________________________________

2804. DEFINITION OF INCOME

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 of the 
Internal Revenue Code, 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                    12/00/02

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
_______________________________________________________________________

2805. 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 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                            08/03/01                    66 FR 40659
Final Action                    12/00/02

[[Page 75084]]

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
_______________________________________________________________________

2806. DAMAGES FOR INTENTIONAL OR RECKLESS DISREGARD OF THE INTERNAL 
REVENUE CODE

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                            03/05/02                     67 FR 9929
Final Action                    12/00/02

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

Agency Contact: 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
_______________________________________________________________________

2807. INVESTMENT TYPE PROPERTY (PREPAYMENT)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/25/99                    64 FR 46320
Second NPRM                     04/17/02                    67 FR 18835
Public Hearing                  06/28/02                    67 FR 43574
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Local

Additional Information: REG-105369-00
Drafting attorney: Johanna L. Som de Cerff (202) 622-3980
Reviewing attorney: Rebecca L. Harrigal (202) 622-3980
Treasury attorney: Stephen Watson (202) 622-1322
CC:TEGE
The previous notice of proposed rulemaking (REG-113526-98; 64 FR 
46320), published on August 25, 1999, relating to arbitrage and related 
restrictions applicable to tax-exempt bonds issued by State and Local 
governments, is withdrawn (67 FR 18835).

Agency Contact: Johanna L. Som de Cerff, Attorney-Advisor, Department 
of the Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

Related RIN: Related To 1545-AW44
RIN: 1545-AY12
_______________________________________________________________________

2808. AUTHORIZED PLACEMENT AGENCY

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                    12/00/02

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
_______________________________________________________________________

2809. HIPAA GENERAL NONDISCRIMINATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 9833

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.

[[Page 75085]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/08/01                     66 FR 1435
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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
_______________________________________________________________________

2810. 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                    06/00/03

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
_______________________________________________________________________

2811. 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                    06/00/03

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
_______________________________________________________________________

2812. RECOGNITION OF GAIN ON CERTAIN DISTRIBUTIONS OR STOCK OF 
SECURITIES IN CONNECTION WITH AN ACQUISITION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 355(e)(5)

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation 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                            04/26/02                    67 FR 20711
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-163892-01
Drafting attorney: Amber R. Cook (202) 622-7530
Reviewing attorney: Stephen P. Fattman (202) 622-7700
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP
On January 2, 2001, a notice of proposed rulemaking was published in 
the Federal Register (REG-107566-00; 66 FR 66) under section 355(e) of 
the Internal Revenue Code of 1986. A public hearing regarding those 
proposed regulations was held on May 15, 2001. On August 3, 2001, those 
proposed regulations were published as temporary regulations in the 
Federal Register (REG-107566-00; 66 FR 40590). The notice of proposed 
rulemaking withdraws the notice of proposed rulemaking that was 
published on January 2, 2001 and provides new rules under section 
355(e) of the Internal Revenue Code of 1986 by cross-reference to 
temporary regulations published in the same issue of the Federal 
Register.

Agency Contact: Amber R. Cook, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-7530

RIN: 1545-AY42

[[Page 75086]]

_______________________________________________________________________

2813. MODIFIED GUARANTEED CONTRACTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 817A

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                            06/03/02                    67 FR 38214
Final Action                    12/00/02

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
_______________________________________________________________________

2814. ELECTRONIC FURNISHING OF PAYEE STATEMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6050; 26 USC 6051; 26 USC 6041; 26 USC 6724

CFR Citation: 26 CFR 1; 26 CFR 31

Legal Deadline: None

Abstract: This regulation amends the regulations to allow for the 
electronic furnishing of Forms W-2, 1098-E and 1098-T.

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
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State

Additional Information: REG-107186-00
Drafting attorney: Michael E. Hara (202) 622-4910
Reviewing attorney: John McGreevy (202) 622-4910
Treasury attorney: John Parcell (202) 622-2578
CC:PA:APJP

Agency Contact: Michael E. Hara, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue, 
Washington, DC 20224
Phone: 202 622-4910

RIN: 1545-AY50
_______________________________________________________________________

2815. 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 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-121109-00
Drafting attorney: Christine Irwin (202) 622-4570
Reviewing attorney: Donald Squires (202) 622-4570
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:PA:DPL

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

RIN: 1545-AY52
_______________________________________________________________________

2816. 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                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Additional Information: REG-209461-79
Drafting attorney: Shoshanna Chaiton (202) 622-6080
Reviewing attorney: Janet A. Laufer (202) 622-6090
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
_______________________________________________________________________

2817. OBLIGATION OF STATES AND POLITICAL SUBDIVISIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance to State and local 
governments that issue bonds for output facilities. This document also 
withdraws the NPRM REG-110965-97, 1545-AV47, published on January 22, 
1998 (63 FR 3296).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/18/01                     66 FR 4754
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

[[Page 75087]]

Small Entities Affected: No

Government Levels Affected: State, Local

Additional Information: REG-114998-99 and REG-145082-02
Drafting attorney: Rose M. Weber (202) 622-3980
Reviewing attorney: Bruce M. Serchuk (202) 622-3980
Treasury attorney: Stephen J. Watson (202) 622-1322
The Notice of Proposed Rulemaking partially withdraws the NPRM REG-
110965-97, 1545-AV47 published on Jan. 22, 1998 (63 FR 3296)
REG-114998-99, RIN 1545-AY71 was published on Jan. 18, 2001 at 66 FR 
4754. REG-145082-02 (final regulation), will finalize those 
regulations.
CC:TEGE

Agency Contact: Rose M. Weber, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AY71
_______________________________________________________________________

2818. 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 final 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 two-year period 
beginning on the day the stock is transferred to the trust. These 
regulations 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 two-year qualifying 
period.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/24/01                    66 FR 44565
Final Action                    01/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106431-01
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
_______________________________________________________________________

2819. 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                            12/17/01                    66 FR 64386
Final Action                    12/00/02

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: Philip Lendenmuth (202) 622-4560
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:P&A:D&PL

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

RIN: 1545-AY77
_______________________________________________________________________

2820. RESEARCH CREDIT III

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 41

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation relates to the computation of the research 
credit under section 41(c) and the definition of the qualified research 
under section 41(d) of the Internal Revenue Code.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/26/01                    66 FR 66362
Hearing                         03/27/02
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-112991-01
Drafting attorney: Nicole R. Cimino (202) 622-3120
Reviewing attorneys: Leslie Finlow (202) 622-3120 and Brenda Stewart 
(202) 622-3120
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

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

RIN: 1545-AY82
_______________________________________________________________________

2821. LOW-INCOME TAXPAYER CLINICS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will amend 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.

[[Page 75088]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/11/02                    67 FR 39915
Final Action                    12/00/02

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
Treasury attorney: Julian Kim (202) 622-1981
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
_______________________________________________________________________

2822. NEW MARKET TAX CREDIT

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 45D; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These regulations relate 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                            12/26/01                    66 FR 66376
Public Hearing                  03/14/02
Final Action                    06/00/03

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
_______________________________________________________________________

2823. NET GIFT TREATMENT

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 25

Legal Deadline: None

Abstract: This regulation is intended to cover the effect of gift tax 
entitled to be 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/22/02                    67 FR 47755
Final Action                    12/00/02

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
_______________________________________________________________________

2824. EXCISE TAX IMPOSED ON FOREIGN INSURERS OR REINSURERS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 4374

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation is intended to amend Treasury Regulation 
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.'' For example, there have been cases recently where a foreign 
parent corporation has purchased from a foreign insurer policies 
covering risks and policies 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/07/02                      67 FR 708
NPRM Comment Period End         02/26/02
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-125450-01

[[Page 75089]]

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
_______________________________________________________________________

2825. DEFINITION OF AGENT AND SAFEGUARD CERTIFICATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 6103

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation relates to the definition of agent for 
purposes of I.R.C. sections 6103(1) and (m).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/01/02                     67 FR 4938
NPRM Comment Period End         05/02/02
Final Action                    12/00/02

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) 622-4570
Reviewing attorney: Donald M. Squires (202) 622-4570
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: 202 622-4570

RIN: 1545-AY94
_______________________________________________________________________

2826. CONSOLIDATED RETURN INTERCOMPANY TRANSACTION RULES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 446; 26 USC 1502

CFR Citation: 26 CFR 446

Legal Deadline: None

Abstract: The regulation is related to the treatment of the 
consolidated return intercompany transaction rules as a method of 
accounting.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/07/01                    66 FR 56262
Final Action                    12/00/02

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
_______________________________________________________________________

2827. MERGERS INVOLVING DISREGARDED ENTITIES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 368

Legal Deadline: None

Abstract: The regulation 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                            11/15/01                    66 FR 57400
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-126485-01
Drafting attorneys: Richard Heinecke (202) 622-7930
Reviewing attorney: Reginald Mombrum (202) 622-7930
Treasury attorney: Audrey Nacamuli (202) 622-5721
CC:CORP

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

RIN: 1545-BA06
_______________________________________________________________________

2828. NOTICE OF SIGNIFICANT REDUCTION IN THE RATE OF FUTURE BENEFIT 
ACCRUAL

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 4980

CFR Citation: 26 CFR 1; 26 CFR 54; 26 CFR 602

Legal Deadline: None

Abstract: The final 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                            04/23/02                    67 FR 19713
Final Action                    03/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-136193-01
Drafting attorney: Pamela R. Kinard (202) 622-6060
Reviewing attorney: Janet A. Laufer (202) 622-6090
Treasury attorney: William Bortz (202) 622-6090
CC:TEGE

Agency Contact: Pamela R. Kinard, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224

[[Page 75090]]

Phone: 202 622-6060

RIN: 1545-BA08
_______________________________________________________________________

2829. 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 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                            11/14/01                    66 FR 57021
Public Hearing                  03/21/02
Final Action                    12/00/02

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
_______________________________________________________________________

2830. COUNTING 2100 NOTICES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 3406

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 backup 
withholding pursuant to section 31.3406(d).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/03/02                    67 FR 44579
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-116644-01
Drafting attorney: Nancy L. Rose (202) 622-4910
Reviewing attorney: Pamela W. Fuller (202) 622-4910
Treasury attorney: Jodi Cohen (202) 622-0160
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
_______________________________________________________________________

2831. 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 regulations would provide guidance for plans that permit 
individuals aged 50 or over to make catch-up contributions under the 
plan.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/23/01                    66 FR 53555
Public Hearing                  04/30/02                     67 FR 7656
Final Action                    12/00/02

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
_______________________________________________________________________

2832. UNIT LIVESTOCK PRICING METHOD

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 471; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The final action contains requirements to annually reevaluate 
and upwardly or downwardly adjust unit livestock prices.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/04/02                     67 FR 5074
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-125626-01
Drafting attorney: A. Katharine Kiss (202) 622-4930
Reviewing attorney: Gerald M. Horan (202) 622-4970
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
_______________________________________________________________________

2833. GUIDANCE REGARDING FOREIGN PERSONAL HOLDING COMPANY INCOME

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 954(h)(8)

CFR Citation: 26 CFR 1.954-2(f); 26 CFR 1.954-2(g)

Legal Deadline: None

Abstract: These proposed regulations relate to the definition of 
foreign

[[Page 75091]]

personal holding company income in the case of gain or loss arising 
from certain commodities hedging transactions and in the case of 
currency gain or loss arising from certain interest-bearing 
liabilities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/13/02                    67 FR 31995
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Additional Information: REG-154920-01
Drafting attorneys: Theodore Setzer (202) 622-3870, Kenneth P. 
Christman (202) 622-3870
Reviewing attorney: Jeffrey Dorfman (202) 622-3870
Treasury attorney: Patrick Brown: (202) 622-1754
CC:INTL

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

RIN: 1545-BA33
_______________________________________________________________________

2834. WITHHOLDING AT TREATY RATE EXCEPTION FOR TAXPAYER IDENTIFYING 
NUMBER

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1441

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will address the taxpayer identifying number 
rule when taxpayer claims treaty rate and is entitled to an immediate 
payment.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/17/02                     67 FR 2387
Final Action                    07/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-159079-01
Drafting attorney: Jonathan A. Sambur (202) 622-3840
Reviewing attorney: Phyllis E. Marcus (202) 622-3840
Treasury attorney: Patrick Brown (202) 622-1754
CC:INTL

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

RIN: 1545-BA38
_______________________________________________________________________

2835. SPLIT-DOLLAR LIFE INSURANCE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 7872

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance under sections 7872, 61, 
and 83 on the taxation of split-dollar life insurance arrangements 
pursuant to Notice 2001-10 and Notice 2002-8.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/09/02                    67 FR 95414
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-164754-01
Drafting attorney: Rebecca E. Asta (202) 622-3940
Reviewing attorney: David Silber (202) 622-3524
Treasury attorney: Mike Novey (202) 622-1339
CC:FI&P

Agency Contact: Rebecca E. Asta, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3940

RIN: 1545-BA44
_______________________________________________________________________

2836. AMENDMENT TO THE DEFINITION OF REFUNDING

Priority: Substantive, Nonsignificant

Legal Authority: Not Yet Determined

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation would amend the definition of a refunding 
issue applicable to tax-exempt bonds issued by States and local 
governments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/10/02                    67 FR 17310
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Local

Additional Information: REG-165706-01
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-BA46
_______________________________________________________________________

2837. TREATMENT OF FUNDED WELFARE BENEFIT PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides special rules concerning employer 
deductions for contributions to a welfare benefit fund that is part of 
a 10 or more employer plan.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/11/02                    67 FR 45933
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-165868-01
Drafting attorney: Betty J. Clary (202) 622-6080
Reviewing attorney: Mark Schwimmer (202) 622-6080
Treasury attorney: Harlan Weller (202) 622-1001

[[Page 75092]]

CC:TEGE

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

RIN: 1545-BA47
_______________________________________________________________________

2838. LOSS LIMITATION RULES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 337(d)

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: The regulations provide guidance on the treatment of certain 
losses recognized on sales of subsidiary stock by members of a 
consolidated group under section 337(d) and section 1502 of the 
Internal Revenue Code. For related matters see the proposed regulations 
published on March 12, 2002 at 67 FR 11070 regarding REG-102740-02.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/31/02                    67 FR 38040
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-123305-02
Drafting attorney: Lola L. Johnson (202) 622-7550
Reviewing attorney: Sean P. Duffley (202) 622-7530
CC:CORP

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

Related RIN: Related To 1545-BA51, Related To 1545-BA74
RIN: 1545-BA52
_______________________________________________________________________

2839. [bull] CARRYBACK OF CONSOLIDATED NET OPERATING LOSSES TO SEPARATE 
RETURN YEARS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation will harmonize the waiver election in section 
1.1502-21(b)(3) with the Amendments to IRC 172(b) with the Job Creation 
and Worker Assistance Act of 2002.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/31/02                    67 FR 38039
Final Action                    05/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122564-02
Drafting and reviewing attorney: Marie C. Milnes-Vasquez (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

Related RIN: Related To 1545-BA76
RIN: 1545-BA73
_______________________________________________________________________

2840. [bull] STATUTORY OPTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 421

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides rules for the creation, and or 
maintenance, of a statutory stock option plan. It includes rules on 
adopting a plan, plan requirements, permissible provisions of a plan, 
and disqualification of a statutory option.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/30/02
Comment Period End              09/30/02
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122917-02
Drafting attorney: Erinn M. Madden (202) 622-6030
Reviewing attorney: Robert Misner (202) 622-6030
Treasury attorney: Elizabeth Drigotas (202) 622-1332
CC:TEGE

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

RIN: 1545-BA75
_______________________________________________________________________

2841. [bull] EARNINGS CALCULATION FOR RETURNED OR RECHARACTERIZED 
CONTRIBUTIONS

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation sets forth a rule for calculating net income 
attributable to IRA contributions being returned under Code section 
408(d)(4) or recharacterized under Code section 408A(d)(6).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/23/02                    67 FR 48067
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-124256-02
Drafting attorney: Cathy A. Vohs (202) 622-6090
Reviewing attorney: Marjorie Hoffman (202) 622-6090
CC:TEGE

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

RIN: 1545-BA82

[[Page 75093]]

_______________________________________________________________________

2842. [bull] REPORTING REQUIREMENTS FOR WIDELY HELD FIXED INVESTMENT 
TRUSTS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The regulation relates to reporting requirements for widely 
held fixed investment trusts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/20/02                    67 FR 41892
NPRM Comment Period End         09/18/02
Final Action                    03/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-106871-00
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

Related RIN: Related To 1545-AU15
RIN: 1545-BA83
_______________________________________________________________________

2843. [bull] LOW-INCOME TAXPAYER CLINICS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation amends the provisions 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                            06/11/02                    67 FR 39915
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-115285-01
Drafing attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Judith Wall (202) 622-4940
Treasury attorney: Elizabeth Askey (202) 622-0224
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

Related RIN: Related To 1545-AY84
RIN: 1545-BA95
_______________________________________________________________________

2844. [bull] 6038 ISSUES RELATING TO CERTAIN FOREIGN CORPORATIONS AND 
PARTNERSHIPS

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

Unfunded Mandates: Undetermined

Legal Authority: 26 USC 7805; 26 USC 6038

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will provide guidance regarding controlled 
foreign partnership reporting.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-124069-02
Drafting attorney: Tasheaya Warren (202) 622-3860
Reviewing attorney: Michael H. Frankel (202) 622-3860

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

RIN: 1545-BB36
_______________________________________________________________________
Department of the Treasury (TREAS)                    Long-Term Actions
Internal Revenue Service (IRS)
_______________________________________________________________________

2845. INCOME TAX--TAXPAYER'S OBLIGATION TO FILE A NOTICE OF 
REDETERMINATION OF FOREIGN TAX AND CIVIL PENALTIES FOR FAILURE TO FILE

Priority: Substantive, Nonsignificant

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

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/23/88                    53 FR 23659


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Margaret A. Hogan
Phone: 202 622-3850

RIN: 1545-AC09
_______________________________________________________________________

2846. 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

[[Page 75094]]

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: W. Edward Williams
Phone: 202 622-3880

RIN: 1545-AC10
_______________________________________________________________________

2847. 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 L. Giblen
Phone: 202 874-1490

RIN: 1545-AI16
_______________________________________________________________________

2848. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Amanda A. Ehrlich
Phone: 202 622-3880

RIN: 1545-AJ93
_______________________________________________________________________

2849. FOREIGN CORPORATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/16/86                    51 FR 17990
Final Action                    12/00/03

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
_______________________________________________________________________

2850. FOREIGN INSURANCE COMPANIES

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: Steven D. Jensen
Phone: 202 622-3870

RIN: 1545-AL82
_______________________________________________________________________

2851. 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
_______________________________________________________________________

2852. CLARIFICATION OF TREATMENT OF SEPARATE LIMITATION LOSSES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

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
_______________________________________________________________________

2853. 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: Margaret A. Hogan
Phone: 202 622-3850

RIN: 1545-AM90
_______________________________________________________________________

2854. CARIBBEAN BASIN INVESTMENTS

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
_______________________________________________________________________

2855. OUTBOUND TRANSFERS OF PROPERTY TO FOREIGN CORPORATIONS

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

[[Page 75095]]

Agency Contact: Aaron A. Farmer
Phone: 202 622-3860

RIN: 1545-AM97
_______________________________________________________________________

2856. 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: Kyle A. Finizio
Phone: 202 622-6040

RIN: 1545-AN40
_______________________________________________________________________

2857. 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
_______________________________________________________________________

2858. 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
_______________________________________________________________________

2859. 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
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jeffrey L. Dorfman
Phone: 202 622-3870

RIN: 1545-AO24
_______________________________________________________________________

2860. FOREIGN INSURANCE COMPANY--DOMESTIC ELECTION

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: Valerie A. Mark-Lippe
Phone: 202 622-3840

RIN: 1545-AO25
_______________________________________________________________________

2861. 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
Final Action                    12/00/03

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
_______________________________________________________________________

2862. INFORMATION REPORTING AND RECORD MAINTENANCE

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: Garrett D. Gregory
Phone: 202 622-3870

RIN: 1545-AP10
_______________________________________________________________________

2863. 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

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Teresa B. Hughes
Phone: 202 622-3850

RIN: 1545-AP30
_______________________________________________________________________

2864. REGISTRATION REQUIRED OBLIGATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/93                     58 FR 5316
Final Action                    12/00/03

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

[[Page 75096]]

_______________________________________________________________________

2865. GUIDANCE IN NOTICE 89-37, WHICH TREATS THE RECEIPT OF A CORPORATE 
PARTNER'S STOCK BY THE CORPORATE PARTNER AS A CIRCUMVENTION OF GENERAL 
UTILITIES REPEAL

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/15/92                    57 FR 59324
NPRM Comment Period End         01/20/93


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Lisa K. Leong
Phone: 202 622-7530

RIN: 1545-AP52
_______________________________________________________________________

2866. 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: Margaret A. Hogan
Phone: 202 622-3850

RIN: 1545-AQ55
_______________________________________________________________________

2867. THE TREATMENT OF ACCELERATED DEATH BENEFITS

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
_______________________________________________________________________

2868. FOREIGN TRUSTS REGULATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

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
_______________________________________________________________________

2869. TREATMENT OF DUAL CONSOLIDATED LOSSES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

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
_______________________________________________________________________

2870. 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
_______________________________________________________________________

2871. FOREIGN CORPORATIONS REGULATIONS

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: Kenneth P. Christman
Phone: 202 622-3870

RIN: 1545-AT96
_______________________________________________________________________

2872. TREATMENT OF OBLIGATION-SHIFTING TRANSACTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/27/96                    61 FR 68175
NPRM Comment Period End         04/08/97
Final Action                    12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Christina A. Morrison
Phone: 202 622-3950

RIN: 1545-AU19
_______________________________________________________________________

2873. 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

[[Page 75097]]

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: 202 622-3070

RIN: 1545-AU29
_______________________________________________________________________

2874. 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
_______________________________________________________________________

2875. SOURCE RULES FOR PAYMENTS MADE PURSUANT TO CERTAIN SWAP 
ARRANGEMENTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Paul S. Epstein
Phone: 202 622-3870

RIN: 1545-AU89
_______________________________________________________________________

2876. APPLICATION OF ATTRIBUTION RULES TO FOREIGN TRUSTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

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
_______________________________________________________________________

2877. 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
_______________________________________________________________________

2878. 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                    12/00/03

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
_______________________________________________________________________

2879. REMOVAL OF TEMPORARY REGULATIONS THAT PROVIDE RULES FOR 
SUBSTANTIATING TRAVEL EXPENSE DEDUCTIONS FOR MEMBERS OF CONGRESS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 5

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Edwin B. Cleverdon
Phone: 202 622-7900

RIN: 1545-AV55
_______________________________________________________________________

2880. FOREIGN TAX CREDIT ANTI-ABUSE REGULATION

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: Bethany Ingwalson
Phone: 202 622-3850

RIN: 1545-AV97
_______________________________________________________________________

2881. 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
NPRM Comment Period End         09/10/98
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Paul S. Epstein
Phone: 202 622-3870

RIN: 1545-AW13
_______________________________________________________________________

2882. TRANSPORTATION OF PERSONS AND PROPERTY BY AIR

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 49

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

[[Page 75098]]

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Patrick S. Kirwan
Phone: 202 622-3130

RIN: 1545-AW19
_______________________________________________________________________

2883. CONTINGENT DEBT INSTRUMENT

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: Milton M. Cahn
Phone: 202 622-3870

RIN: 1545-AW33
_______________________________________________________________________

2884. 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
_______________________________________________________________________

2885. 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                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AW63
_______________________________________________________________________

2886. EDUCATION CREDITS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/06/99                      64 FR 794
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Donna J. Welch
Phone: 202 622-4910
Fax: 202 927-9248

RIN: 1545-AW65
_______________________________________________________________________

2887. CERTAIN ASSET TRANSFERS TO REGULATED INVESTMENT COMPANIES (RICS) 
AND REAL ESTATE INVESTMENT TRUSTS (REITS)

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/03/00                     65 FR 5805
Comment Period Ends             04/19/00
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Agency Contact: Jennifer D. Sledge
Phone: 202 622-7750

RIN: 1545-AW92
_______________________________________________________________________

2888. 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                            12/00/03

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
_______________________________________________________________________

2889. DEFINITION OF ACCOUNTING METHOD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Jeffery G. Mitchell
Phone: 202 622-4970

RIN: 1545-AX21
_______________________________________________________________________

2890. GUARANTEED INVESTMENT CONTRACTS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/27/99                    64 FR 46876
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Local

Agency Contact: Rose M. Weber
Phone: 202 622-3980
Fax: 202 622-4437

RIN: 1545-AX22
_______________________________________________________________________

2891. CHANGES IN ENTITY CLASSIFICATION: SPECIAL RULE FOR CERTAIN FOREIGN 
ELIGIBLE ENTITIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

[[Page 75099]]

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                    12/00/03

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
_______________________________________________________________________

2892. 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
_______________________________________________________________________

2893. 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                    12/00/03

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
_______________________________________________________________________

2894. DEFINITION OF PASSIVE FOREIGN INVESTMENT COMPANY UNDER SECTION 
1297

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Alexandra R. Helou
Phone: 202 622-3840

RIN: 1545-AX78
_______________________________________________________________________

2895. HIPAA PORTABILITY

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 54

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/08/97                    62 FR 16977
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Russell Weinheimer
Phone: 202 622-6080

RIN: 1545-AX84
_______________________________________________________________________

2896. 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                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Bethany Ingwalson
Phone: 202 622-3850

RIN: 1545-AX88
_______________________________________________________________________

2897. CLARIFICATION OF FOREIGN-BASED COMPANY SALES INCOME RULES

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

Federalism:  Undetermined

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

RIN: 1545-AX91
_______________________________________________________________________

2898. 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
_______________________________________________________________________

2899. DEFINITION OF DIESEL FUEL

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 48

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/16/02                    67 FR 34882
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 1545-AX97
_______________________________________________________________________

2900. GUIDANCE NECESSARY TO FACILITATE ELECTRONIC TAX ADMINISTRATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 301

[[Page 75100]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/24/02                    67 FR 20072
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Sara P. Shepherd
Phone: 202 622-4960

Related RIN: Related To 1545-AY56
RIN: 1545-AY04
_______________________________________________________________________

2901. 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Agency Contact: Mark R. Pollard
Phone: 202 622-3850

RIN: 1545-AY20
_______________________________________________________________________

2902. DISALLOWANCE OF DEDUCTIONS AND CREDITS FOR FAILURE TO FILE TIMELY 
RETURN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/29/02                     67 FR 4217
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: Nina E. Chowhdry
Phone: 202 622-3880

RIN: 1545-AY26
_______________________________________________________________________

2903. WITHHOLDING TAX ON FOREIGN PARTNERS' SHARE OF EFFECTIVELY 
CONNECTED INCOME

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: Businesses

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: David J. Sotos
Phone: 202 622-3050

RIN: 1545-AY28
_______________________________________________________________________

2904. INFORMATION REPORTING ON CANCELLATION OF INDEBTEDNESS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/13/02                    67 FR 40629
Public Hearing                  10/08/02
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Joseph Dewald
Phone: 202 622-4910

RIN: 1545-AY35
_______________________________________________________________________

2905. SPECIAL RULES RELATING TO TRANSFERS OF INTANGIBLES TO FOREIGN 
CORPORATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: Thomas D. Beem
Phone: 202 622-3860

RIN: 1545-AY41
_______________________________________________________________________

2906. SPECIAL RULES FOR S CORPORATIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301; 26 CFR 601

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: David A. Juster
Phone: 202 622-3850

Related RIN: Split From 1545-AP35, Related To 1545-AS88
RIN: 1545-AY44
_______________________________________________________________________

2907. ELECTION--ASSETS ACQUISITIONS OF INSURANCE COMPANIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/08/02                    67 FR 10640
Public Hearing                  09/18/02
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mark Weiss
Phone: 202 622-7790

Gary E. Geisler
Phone: 202 622-3970

RIN: 1545-AY49
_______________________________________________________________________

2908. 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                            12/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

[[Page 75101]]

Federalism:  Undetermined

Agency Contact: Jonathan A. Sambur
Phone: 202 622-3840

RIN: 1545-AY54
_______________________________________________________________________

2909. TREATMENT OF COMMUNITY INCOME FOR CERTAIN INDIVIDUALS NOT FILING 
JOINT RETURNS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/22/02                     67 FR 2841
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robin M. Tuczak
Phone: 202 622-4940

RIN: 1545-AY83
_______________________________________________________________________

2910. CHARITABLE LEAD INTEREST

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/23/02                    67 FR 48070
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Agency Contact: Susan B. Hurwitz
Phone: 202 622-3090

RIN: 1545-AY86
_______________________________________________________________________

2911. TRANSITIONAL RELIEF FOR QUALIFIED INTERMEDIARIES

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

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Agency Contact: Laurie M. Hatten-Boyd
Phone: 202 622-3840

RIN: 1545-AY92
_______________________________________________________________________

2912. PROCUREMENT/PURCHASING CARD REPORTING

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

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-BA17
_______________________________________________________________________

2913. 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.

CFR Citation: 26 CFR 31

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/13/01                    66 FR 57023
Public Hearing                  05/14/02                     67 FR 5076


Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Stephen B. Tackney
Phone: 202 622-6040

RIN: 1545-BA26
_______________________________________________________________________

2914. TRANSFERS OF C CORPORATION PROPERTY TO RICS OR REITS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/02/02                       67 FR 48
Comment Period End              04/20/02
Public Hearing                  05/01/02                     67 FR 1672
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: Federal

Agency Contact: Jennifer D. Sledge
Phone: 202 622-7750

RIN: 1545-BA36
_______________________________________________________________________

2915. TREATMENT OF CERTAIN OBLIGATION-SHIFTING TRANSACTIONS

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: Jeffrey L. Vinnik
Phone: 202 622-3840

RIN: 1545-BA41
_______________________________________________________________________

2916. INFORMATION REPORTING FOR QUALIFIED TUITION AND RELATED EXPENSES; 
MAGNETIC MEDIA FILING REQUIREMENTS FOR INFORMATION RETURNS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 301

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/29/02                    67 FR 20923
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Donna J. Welch
Phone: 202 622-4910
Fax: 202 927-9248

RIN: 1545-BA43

[[Page 75102]]

_______________________________________________________________________

2917. COMPENSATORY STOCK OPTIONS UNDER SECTION 482

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

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: Douglas L. Giblen
Phone: 202 874-1490

RIN: 1545-BA57
_______________________________________________________________________

2918. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/17/02                    67 FR 18834
Final Action                    12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Cathy A. Vohs
Phone: 202 622-6090

Related RIN: Related To 1545-AY69, Related To 1545-AY70
RIN: 1545-BA60
_______________________________________________________________________

2919. [bull] CIRCULAR 230--TAX SHELTER AMENDMENTS

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 330

CFR Citation: 31 CFR 10

Legal Deadline: None

Abstract: These regulations propose amendments to the standards for tax 
opinions related to tax shelters.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122379-02
Drafting attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Richard S. Goldstein (202) 622-7820
Treasury attorney: Julian Kim (202) 622-1981
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-BA70
_______________________________________________________________________

2920. [bull] FOREIGN CORPORATIONS--TREATMENT OF DISTRIBUTIONS OR 
LIQUIDATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will revise section 367(e) of the Internal 
Revenue Code, relating to the treatment of distributions described in 
section 355 or liquidations under 332.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: Reg-127380-02
Drafting attorney: Aaron A. Farmer (202) 622-3860
Reviewing attorney: Charles P. Besecky (202) 622-3860
CC:INTL

Agency Contact: Aaron A. Farmer, Senior Counsel, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-3860

RIN: 1545-BA79
_______________________________________________________________________

2921. [bull] ALLOCATION AND APPORTIONMENT OF INTEREST EXPENSE

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 864; 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance with respect to methods of 
apportioning interest expense under section 864(e).

Timetable: Next Action Undetermined

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: Michael Caballero (202) 622-0851
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

Related RIN: Related To 1545-BA02
RIN: 1545-BA92
_______________________________________________________________________

2922. [bull] EARNINGS AND PROFITS ATTRIBUTION PRINCIPLES

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will address the manner in which earnings and 
profits are attributed to shares under sections 1248 and 367.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: Undetermined

Federalism:  Undetermined

Additional Information: REG-135866-02
Drafting attorney: Mark R. Pollard (202) 622-3850
Reviewing attorney: Richard L. Chewning (202) 622-3850
CC:INTL

Agency Contact: Mark R. Pollard, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service,

[[Page 75103]]

1111 Constitution Avenue NW, Washington, DC 20224
Phone: 202 622-3850

RIN: 1545-BA93
_______________________________________________________________________

2923. [bull] GUIDANCE TO FACILITATE ELECTRONIC TAX ADMINISTRATION

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will facilitate electronic tax 
administration.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-137243-02
Drafting attorney: Brinton T. Warren (202) 622-4940
Reviewing attorney: Judith Wall (202) 622-4940
Treasury attorney: Elizabeth Askey (202) 622-0224
CC:PA&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-BA96
_______________________________________________________________________

2924. [bull] DISCLOSURE OF REPORTABLE TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation provides guidance under section 6011 
regarding disclosure of reportable transactions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-138618-02
Drafting attorney: Tara P. Volungis (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3070
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

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

RIN: 1545-BB07
_______________________________________________________________________

2925. [bull] REGISTRATION OF REPORTABLE TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6111

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation provides guidance under section 6111 
regarding the registration of reportable transactions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-138621-02
Drafting attorney: Tara P. Volungis (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3070
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

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

RIN: 1545-BB08
_______________________________________________________________________

2926. [bull] LIST MAINTENANCE REQUIREMENT FOR REPORTABLE TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 6112

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: This regulation provides guidance under section 6112 
regarding the maintenance and furnishing of lists of investors in 
reportable transactions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-138624-02
Drafting attorney: Tara P. Volungis (202) 622-3080
Reviewing attorney: Christine Ellison (202) 622-3070
Treasury attorney: Julian Kim (202) 622-1981
CC:P&SI

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

RIN: 1545-BB09
_______________________________________________________________________

2927. [bull] AUTHORIZATION FOR IRS TO CHARGE FEES FOR COPYING EXEMPT 
ORGANIZATION RETURNS

Priority: Info./Admin./Other

Legal Authority: 26 USC 6104

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The proposed regulation provides authorization for Internal 
Revenue Service to charge fees for copying Exempt Organization returns.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

[[Page 75104]]

Additional Information: REG-142538-02
Drafting attorney: Sarah Tate (202) 622-4590
Reviewing attorney: Lynnette Platt (202) 622-4590
CC:P&A:DP&L

Agency Contact: Sarah Tate, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4590

Related RIN: Related To 1545-BB22
RIN: 1545-BB21
_______________________________________________________________________

2928. [bull] AUTHORIZATION FOR IRS TO CHARGE FEES FOR COPYING EXEMPT 
ORGANIZATIONS RETURNS (TEMPORARY)

Priority: Info./Admin./Other

Legal Authority: 26 USC 6104

CFR Citation: 26 CFR 301

Legal Deadline: None

Abstract: The temporary regulation provides authorization for Internal 
Revenue Service to charge fees for copying Exempt Organization returns.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulation            12/00/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-142538-02
Drafting attorney: Sarah Tate (202) 622-4590
Reviewing attorney: Lynnette Platt (202) 622-4590
CC:P&A:DP&L

Agency Contact: Sarah Tate, Attorney-Advisor, Department of the 
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224
Phone: 202 622-4590

Related RIN: Related To 1545-BB21
RIN: 1545-BB22
_______________________________________________________________________

2929. [bull] STRUCTURED SETTLEMENT FACTORING TRANSACTIONS (TEMPORARY)

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 115

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: These regulations relate to section 5891 of Internal Revenue 
Code. Section 5891 imposes a 40 percent excise tax upon any person who 
acquires structured settlement payment rights in a structured 
settlement factoring transaction. These regulations provide the manner 
and method of reporting and paying the excise tax.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Temporary Regulations           12/00/03

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-139768-02
Drafting attorney: Shareen S. Pflanz (202) 622-4920
Reviewing attorney: Charles Strickland (202) 622-4960
CC:IT&A

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

Related RIN: Related To 1545-BB14
RIN: 1545-BB24
_______________________________________________________________________

2930. [bull] ACCRUAL RULES FOR CREDITABLE FOREIGN TAXES AND GUIDANCE ON 
CHANGE IN TAXABLE YEAR

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations will clarify the rules for 
determining when a creditable foreign tax accrues and may be claimed as 
a credit, and will provide guidance for determining the allowable 
foreign tax credit upon a change in the U.S. taxable year.

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: Undetermined

Small Entities Affected: Businesses

Government Levels Affected: None

Additional Information: REG-144597-02
Drafting attorney: Margaret A. Hogan (202) 622-3850
Reviewing attorney: Barbara A. Felker (202) 622-3850
CC:INTL

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

RIN: 1545-BB27
_______________________________________________________________________

2931. [bull] TREATMENT OF SERVICES UNDER SECTION 482

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 482

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These proposed regulations would provide additional guidance 
under section 482 regarding services.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/03

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Additional Information: REG-146893-02
Drafting attorney: Douglas L. Giblen (202) 874-1490
Reviewing attorney: John M. Breen (202) 874-1490
Treasury attorney: Rocco Femia (202) 622-1755
CC:INTL

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

RIN: 1545-BB31

[[Page 75105]]

_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
Internal Revenue Service (IRS)
_______________________________________________________________________

2932. ELECTING SMALL BUSINESS TRUST

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8994                            05/14/02                    67 FR 34388

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: James A. Quinn
Phone: 202 622-3070

Bradford R. Poston
Phone: 202 622-3060

RIN: 1545-AU76
_______________________________________________________________________

2933. REQUIRED DISTRIBUTIONS FROM QUALIFIED PLANS AND INDIVIDUAL 
RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8987                            04/17/02                    67 FR 18988

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cathy A. Vohs
Phone: 202 622-6090

Related RIN: Related To 1545-AY69, Related To 1545-AY70
RIN: 1545-AV82
_______________________________________________________________________

2934. MIDDLEMAN REGULATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9010                            07/26/02                    67 FR 48754

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Nancy L. Rose
Phone: 202 622-4910

RIN: 1545-AW48
_______________________________________________________________________

2935. RELIEF FROM JOINT AND SEVERAL LIABILITY ON JOINT RETURN

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9003                            07/18/02                    67 FR 47278

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Charles A. Hall
Phone: 202 622-4940

RIN: 1545-AW64
_______________________________________________________________________

2936. INFORMATION REPORTING FOR PAYMENTS OF INTEREST ON EDUCATION LOANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8992                            04/29/02                    67 FR 37671

Regulatory Flexibility Analysis Required: Yes

Government Levels Affected: None

Agency Contact: Donna J. Welch
Phone: 202 622-4910
Fax: 202 927-9248

RIN: 1545-AW67
_______________________________________________________________________

2937. MODIFICATIONS AND ADDITIONS TO THE UNIFIED PARTNERSHIP AUDIT 
PROCEDURES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8965                            10/04/01                    66 FR 50541

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Horace Howells
Phone: 202 622-3050

RIN: 1545-AW86
_______________________________________________________________________

2938. COMPROMISES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9007                            07/23/02                    67 FR 48025

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Frederick W. Schindler
Phone: 202 622-3620

RIN: 1545-AW88
_______________________________________________________________________

2939. TRANSFER OF REMIC RESIDUAL INTEREST

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9004                            07/19/02                    67 FR 47451

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Courtney Shepardson
Phone: 202 622-3930

RIN: 1545-AW98
_______________________________________________________________________

2940. CHANGE OF ANNUAL ACCOUNTING PERIOD

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8996                            05/17/02                    67 FR 35009

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Michael F. Schmit
Phone: 202 622-4960

RIN: 1545-AX15
_______________________________________________________________________

2941. AGENT FOR THE CONSOLIDATED GROUP

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

[[Page 75106]]

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9002                            06/28/02                    67 FR 43538

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: George Robert Johnson
Phone: 202 622-7930
Fax: 202 622-6889

RIN: 1545-AX56
_______________________________________________________________________

2942. EQUITY OPTIONS WITH FLEXIBLE TERMS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8990                            04/29/02                    67 FR 20896

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Pamela Lew
Phone: 202 622-3950
Fax: 202 622-5699

RIN: 1545-AX66
_______________________________________________________________________

2943. CLARIFICATION OF ENTITY CLASSIFICATION RULES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9012                            08/01/02                    67 FR 49862

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Camille B. Evans
Phone: 202 622-3870

RIN: 1545-AX75
_______________________________________________________________________

2944. DETERMINATION OF BASIS OF PARTNERS' INTEREST; SPECIAL RULES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8986                            03/29/02                    67 FR 15112

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Barbara MacMillan
Phone: 202 622-3050

RIN: 1545-AX94
_______________________________________________________________________

2945. HEDGING TRANSACTIONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8985                            03/20/02                    67 FR 12863

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Elizabeth Handler
Phone: 202 622-3940

RIN: 1545-AY02
_______________________________________________________________________

2946. REGULATIONS GOVERNING PRACTICE BEFORE THE INTERNAL REVENUE SERVICE

Priority: Substantive, Nonsignificant

CFR Citation: 31 CFR 10

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9011                            07/26/02                    67 FR 48760

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Brinton T. Warren
Phone: 202 622-4940

RIN: 1545-AY05
_______________________________________________________________________

2947. GUIDANCE FOR IMPOSING TAX LIABILITY ON FOREIGN PERSONS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8999                            06/12/02                    67 FR 40157

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Karen Rennie Quarrie
Phone: 202 622-3880

RIN: 1545-AY13
_______________________________________________________________________

2948. MID-CONTRACT CHANGE IN TAXPAYER

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 602

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8995                            05/15/02                    67 FR 34603

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John M. Aramburu
Phone: 202 622-4960

RIN: 1545-AY31
_______________________________________________________________________

2949. GUIDANCE UNDER SUBPART F RELATING TO PARTNERSHIPS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9008                            07/23/02                    67 FR 48020

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jonathan A. Sambur
Phone: 202 622-3840

RIN: 1545-AY45
_______________________________________________________________________

2950. GUIDANCE NECESSARY TO FACILITATE ELECTRONIC TAX ADMINISTRATION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 301

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8989                            04/24/02                    67 FR 20028

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

[[Page 75107]]

Agency Contact: Sara P. Shepherd
Phone: 202 622-4960

Related RIN: Related To 1545-AY04
RIN: 1545-AY56
_______________________________________________________________________

2951. INSURANCE COMPANIES--TAX UNDER SUBCHAPTER L

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8993                            05/07/02                    67 FR 30547

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Patrick E. White
Phone: 202 622-3920

RIN: 1545-AY60
_______________________________________________________________________

2952. FOREIGN PARTNERS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9009                            07/23/02                    67 FR 48017

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Daniel Carmody
Phone: 202 622-3050

RIN: 1545-AY66
_______________________________________________________________________

2953. NOTICE TO INTERESTED PARTIES

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 601

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9006                            07/19/02                    67 FR 47454

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Pamela R. Kinard
Phone: 202 622-6060

RIN: 1545-AY68
_______________________________________________________________________

2954. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 54

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8987                            04/17/02                    67 FR 18988

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cathy A. Vohs
Phone: 202 622-6090

Related RIN: Related To 1545-AV82, Related To 1545-AY70
RIN: 1545-AY69
_______________________________________________________________________

2955. REQUIRED DISTRIBUTIONS FROM RETIREMENT PLANS

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1; 26 CFR 54

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8987                            04/17/02                    67 FR 18988

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Cathy A. Vohs
Phone: 202 622-6090

Related RIN: Related To 1545-AY69, Related To 1545-AV82
RIN: 1545-AY70
_______________________________________________________________________

2956. GUIDANCE UNDER SECTION 355(E); RECOGNITION OF GAIN ON CERTAIN 
DISTRIBUTIONS OF STOCK OR SECURITIES IN CONNECTION WITH AN AQUISITION

Priority: Substantive, Nonsignificant

CFR Citation: 26 CFR 1

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8988                            04/26/02                    67 FR 20632

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Amber R. Cook
Phone: 202 622-7530

RIN: 1545-BA55
_______________________________________________________________________

2957. 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 
9001                            06/19/02                    67 FR 41621

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Joseph E. Conley
Phone: 202 622-4580

RIN: 1545-BA56
_______________________________________________________________________

2958. MODIFICATION OF TAX SHELTER RULES III

Priority: Substantive, Nonsignificant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
9000                            06/18/02                    67 FR 41324

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Danielle M. Grimm
Phone: 202 622-3080

Tara P. Volungis
Phone: 202 622-3080

Related RIN: Related To 1545-AW26, Related To 1545-AX79, Related To 
1545-AX81
RIN: 1545-BA62
_______________________________________________________________________

2959. [bull] TAXATION OF TAX-EXEMPT ORGANIZATION'S INCOME FROM CORPORATE 
SPONSORSHIP

Priority: Routine and Frequent

Legal Authority: 26 USC 965

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: These final regulations provide that qualified sponsorship 
payments are not unrelated business taxable income. A qualified

[[Page 75108]]

sponsorship payment is defined as a payment of money, a transfer of 
property, or the performance of services, by any person engaged in a 
trade or business, where there is no arrangement or expectation that 
the person will receive an substantial return benefit in exchange for 
the payment. A substantial return benefit is defined as any benefit 
other than (1) use or acknowledgement of the payor's name or logo, or 
(2) certain goods or services that have an insubstantial value. 
Payments made for naming rights are considered qualified sponsorship 
payments; however, payments made for exclusive provider rights are not 
qualified sponsorship payments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/01/00                    65 FR 11012
Final Action Completed by TD 
8991                            04/25/02                    67 FR 20433

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: State, Local, Tribal, Federal

Additional Information: REG-209601-92
Drafting attorney: Barbara E. Beckman (202) 622-6080
Reviewing attorney: Stephanie Cohen (202) 622-6080 and Susan Brown 
(202) 622-0999
CC:TEGE

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

Related RIN: Related To 1545-AR19
RIN: 1545-BA68
_______________________________________________________________________

2960. [bull] LOSS LIMITATION RULES--AMENDED

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 337(d)

CFR Citation: 26 CFR 1; 26 CFR 602

Legal Deadline: None

Abstract: To clarify certain aspects of the temporary regulations 
relating to the deductibility of losses recognized on dispositions of 
subsidiary stock by members of a consolidated group.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8998                            05/31/02                    67 FR 37998

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-123305-02
Drafting attorney: Lola L. Johnson (202) 622-7550
Reviewing attorney: Sean P. Duffley (202) 622-7530
CC:CORP

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

Related RIN: Related To 1545-BA52, Related To 1545-BA51
RIN: 1545-BA74
_______________________________________________________________________

2961. [bull] CARRYBACK OF CONSOLIDATED NET OPERATING LOSSES TO SEPARATE 
RETURN YEARS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805; 26 USC 1502

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: This regulation will harmonize the waiver election in section 
1.1502-21(b)(3) with the amendments to IRC 172(b) in the Job Creation 
and Worker Assistance Act of 2002.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action Completed by TD 
8997                            05/31/02                    67 FR 38000

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-122564-02
Drafting and reviewing attorney: Marie Milnes-Vasquez (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

Related RIN: Related To 1545-BA73
RIN: 1545-BA76
_______________________________________________________________________

2962. [bull] REFUND OF MISTAKEN CONTRIBUTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 26 USC 7805

CFR Citation: 26 CFR 1

Legal Deadline: None

Abstract: The final regulations provide guidance relating to the return 
of employer contributions or withdrawal liability payments from multi-
employer plans.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/01/83                    48 FR 10374
Final Action Completed by TD 
9005                            07/22/02                    67 FR 47692

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: REG-209481-80
Drafting attorney: John T. Ricotta (202) 622-6060
Reviewing attorney: Jerry Holmes (202) 622-6090
Treasury attorney: Harlan Weller (202) 622-1001
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-BA87
BILLING CODE 4830-01-S

[[Page 75109]]

_______________________________________________________________________
Department of the Treasury (TREAS)                  Proposed Rule Stage
Office of Thrift Supervision (OTS)
_______________________________________________________________________

2963. 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 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 jointly issued a final rule that treats recourse 
obligations and direct credit substitutes consistently. The rule also 
adds new standards for the treatment of residual interests, including a 
concentration limit for credit-enhancing interest only strips. In 
addition, the rule varies the risk-based capital requirement for 
positions in securitized asset transactions according to relative risk 
exposure.
The agencies plan to issue a notice of proposed rulemaking (NPRM) that 
would introduce the domestic implementation of the New Basel Capital 
Accord (Basel II). This would include modifications to the current U.S. 
domestic capital framework, and an introduction to an advanced internal 
ratings-based (IRB) approach to credit risk.

Timetable:
________________________________________________________________________

Claims on Securities Firms  NPRM 12/06/00 (65 FR 76180)  NPRM Comment 
Period End 01/22/01  Final Rule 04/09/02 (67 FR 16971)

Implementation of a Revised Basel Capital Accord (formerly Modified 
Domestic Capital Framework)  NPRM 06/00/03

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 11/29/01 (66 FR 59614)

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), Department of the 
Treasury, Office of Thrift Supervision, 1700 G Street NW., Washington, 
DC 20552
Phone: 202 906-6478
Fax: 202 905-6518
Email: teresa.scott@ots.treas.gov

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
_______________________________________________________________________

2964. 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 would permit 
institutions to share ``other information'' with affiliates without 
becoming consumer reporting agencies (affiliate sharing). The proposed 
regulations would specify that institutions must provide notice and an 
opportunity to opt-out to consumers before sharing ``other 
information'' with their affiliates.
The agencies have analyzed the comments received and are now in the 
process of developing a revised notice of proposed rulemaking.

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                     12/00/02

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, Special Counsel, Department of the Treasury, Office of 
Thrift Supervision, 1700 G Street NW., Washington, DC 20552
Phone: 202 906-6648

RIN: 1550-AB33
_______________________________________________________________________
Department of the Treasury (TREAS)                     Final Rule Stage
Office of Thrift Supervision (OTS)
_______________________________________________________________________

2965. RECORDKEEPING AND CONFIRMATION REQUIREMENTS FOR SECURITIES 
TRANSACTIONS; FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS

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 issued a proposed rule adopting new recordkeeping and 
confirmation requirements for securities transactions. This rule would 
afford thrift customers the same protections and disclosures as bank 
customers; ensure that OTS examiners will be able to evaluate a 
thrift's compliance with securities laws and to assess whether thrifts 
effect securities transactions safely and soundly; and provide savings 
associations with formal guidance for effecting securities 
transactions. The proposed rule would

[[Page 75110]]

amend OTS's regulations governing the fiduciary powers of Federal 
savings associations to codify recent OTS interpretive letters and make 
other changes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/11/02                    67 FR 39886
NPRM Comment Period End         08/12/02
Final Rule                      11/00/02

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
_______________________________________________________________________

2966. [bull] REGULATORY REPORTING STANDARDS: QUALIFICATIONS FOR 
INDEPENDENT PUBLIC ACCOUNTS PERFORMING AUDIT SERVICES FOR VOLUNTARY 
AUDIT FILERS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1463

CFR Citation: 12 CFR 562

Legal Deadline: None

Abstract: The Office of Thrift Supervision (OTS) is adopting an interim 
final rule that amends its annual independent audit requirements for 
small, nonpublic, highly rated savings associations that voluntarily 
obtain independent audits. OTS is eliminating the requirement that the 
public accountant performing the voluntary audits comply with the 
independent requirements and interpretations of the Securities and 
Exchange Commission and its staff. This change will make OTS' 
requirements more consistent with those of the other Federal banking 
agencies and will avoid the potential regulatory burden that could 
otherwise result from other regulatory action.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Teresa Scott, Counsel (Banking and Finance), Department 
of the Treasury, Office of Thrift Supervision, 1700 G Street NW., 
Washington, DC 20552
Phone: 202 906-6478
Fax: 202 905-6518
Email: teresa.scott@ots.treas.gov

Christine Smith, Project Manager (Supervision Policy), Department of 
the Treasury, Office of Thrift Supervision, 1700 G Street NW., 
Washington, DC 20552
Phone: 202 906-5740

RIN: 1550-AB54
_______________________________________________________________________
Department of the Treasury (TREAS)                    Long-Term Actions
Office of Thrift Supervision (OTS)
_______________________________________________________________________

2967. DIRECTORS AND OFFICERS

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 545; 12 CFR 563

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robyn Dennis
Phone: 202 906-5751

David A. Permut
Phone: 202 906-7505

Karen Osterloh
Phone: 202 906-6639

RIN: 1550-AB19
_______________________________________________________________________

2968. COMMUNITY REINVESTMENT ACT

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 563e

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Joint ANPRM                     07/19/01                    66 FR 37602
Joint ANPRM Comment Period End  10/17/01
Joint NPRM                       To Be                       Determined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Richard Bennett
Phone: 202 906-7409

Theresa A. Stark
Phone: 202 906-7054

Celeste Anderson
Phone: 202 906-7990

RIN: 1550-AB48

[[Page 75111]]

_______________________________________________________________________
Department of the Treasury (TREAS)                    Completed Actions
Office of Thrift Supervision (OTS)
_______________________________________________________________________

2969. MUTUAL SAVINGS ASSOCIATIONS, MUTUAL HOLDING COMPANY 
REORGANIZATIONS, AND CONVERSIONS

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 563b; 12 CFR 575

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Second NPRM                     04/09/02                    67 FR 17228
Second NPRM Comment Period End  05/09/02
Final Rule                      08/09/02                    67 FR 52010

Regulatory Flexibility Analysis Required: Yes

Government Levels Affected: None

Agency Contact: Mary Jo Johnson
Phone: 202 906-5739

David A. Permut
Phone: 202 906-7505

RIN: 1550-AB24
_______________________________________________________________________

2970. CAPITAL: QUALIFYING MORTGAGE LOAN, INTEREST RATE RISK COMPONENT, 
AND MISCELLANEOUS CHANGES

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 567

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      05/10/02                    67 FR 31722

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Teresa Scott
Phone: 202 906-6478
Fax: 202 905-6518
Email: teresa.scott@ots.treas.gov

David Riley
Phone: 202 906-6669

Michael D. Solomon
Phone: 202 906-5654

RIN: 1550-AB45
_______________________________________________________________________

2971. ALTERNATIVE MORTGAGE TRANSACTION PARITY ACT; PREEMPTION

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 560

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/25/02                    67 FR 20468
Final Rule                      09/26/02                    67 FR 60542

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
Phone: 202 906-7054

Karen Osterloh
Phone: 202 906-6639

RIN: 1550-AB51
BILLING CODE 6720-01-S
[FR Doc. 02-26339 Filed 12-06-02; 8:45 am]
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