Federal Register / Vol. 85, No. 244 / Friday, December 18, 2020 / Rules and Regulations 82355 

the event that a buyer deems the 

delivered cannabis to be defective, the 

buyer’s sole remedy for damages shall 

be against the grower and not the 

Administration. 

Timothy J. Shea, 

Acting Administrator. 

[FR Doc. 2020–27999 Filed 12–17–20; 8:45 am] 

BILLING CODE 4410–09–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9925] 

RIN 1545–BP23 

Meals and Entertainment Expenses 

Under Section 274; Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Final regulations; correction. 

SUMMARY: This document contains 

corrections to the final regulations 

(Treasury Decision 9925) that published 

in the Federal Register on October 9, 

2020. The final regulations provide 

guidance under section 274 of the 

Internal Revenue Code (Code) regarding 

certain recent amendments made to that 

section. Specifically, the final 

regulations address the elimination of 

the deduction under section 274 for 

expenditures related to entertainment, 

amusement, or recreation activities, and 

provide guidance to determine whether 

an activity is of a type generally 

considered to be entertainment. 

DATES: These corrections are effective 

on December 18, 2020 and applicable 

for taxable years that begin on or after 

October 9, 2020. 

FOR FURTHER INFORMATION CONTACT: 

Patrick Clinton of the Office of the 

Associate Chief Counsel (Income Tax 

and Accounting), (202) 317–7005 (not 

toll-free numbers). 

SUPPLEMENTARY INFORMATION: 

Background 

The final regulations (TD 9925) that 

are the subject of this correction are 

issued under section 274 of the Internal 

Revenue Code. 

Need for Correction 

As published the final regulations (TD 

9925) contain errors that need to be 

corrected. 

Correction of Publication 

Accordingly, the final regulations (TD 

9925), that are the subject of FR Doc. 

2020–21990, published on October 9, 

2020 (85 FR 64026), are corrected as 

follows: 

1. On page 64031, third column, the 

second line, the language ‘‘in 

Sutherland Lumber’’ is corrected to read 

‘‘in Sutherland Lumber-Southwest’’. 

2. On page 64031, third column, the 

ninth line of the second full paragraph, 

the language ‘‘§ 1.274–10(a)(2)(ii)(C)(2)’’ 

is corrected to read ‘‘§ 1.274– 

10(a)(2)(ii)(C)(2)’’. 

3. On page 64032, second column, the 

second line, the language ‘‘or gross 

income is zero, whether zero is’’ is 

corrected to read ‘‘or gross income is 

zero (other than due to a reimbursement 

by the recipient), whether zero is’’. 

4. On page 64032, second column, the 

thirteenth line from the top of the page, 

the language ‘‘(e)(9) do not apply.’’ is 

corrected to read ‘‘(e)(9) generally do not 

apply.’’. 

5. On page 64032, second column, the 

thirteenth line from the top of the page, 

the language ‘‘Similarly, the exceptions 

in section 274(e)(2) and (e)(9) do not 

apply if’’ is corrected to read ‘‘However, 

the exceptions in section 274(e)(2) and 

(e)(9) will apply if the recipient 

reimburses the taxpayer for a portion of 

the value of the food or beverages even 

if the value exceeding the reimbursed 

amount is properly excluded from the 

recipient’s compensation and wages or 

gross income. In this case, however, the 

taxpayer must apply the dollar-fordollar rule as described in § 1.274– 

12(c)(2)(i)(D). In cases in which’’. 

6. On page 64032, second column, the 

second and last sentence from the 

bottom of the first partial paragraph, 

remove the language ‘‘. In that case, 

however,’’. 

7. On page 64032, third column, the 

third line of the second full paragraph, 

the language ‘‘regulations confirm’’ is 

corrected to read ‘‘regulations 

confirmed’’. 

8. On page 64032, third column, the 

twelfth line of the second full 

paragraph, the language ‘‘demonstrates’’ 

is corrected to read ‘‘demonstrated’’. 

Crystal Pemberton, 

Senior Federal Register Liaison, Publications 

and Regulations Branch, Legal Processing 

Division, Associate Chief Counsel, (Procedure 

and Administration). 

[FR Doc. 2020–26860 Filed 12–17–20; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[Docket No. USCG–2020–0694] 

Drawbridge Operation Regulation; Gulf 

Intracoastal Waterway, Madeira Beach 

FL 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of temporary deviation 

from regulations; request for comments. 

SUMMARY: The Coast Guard has issued a 

temporary deviation from the operating 

schedule that governs the Welch 

Causeway (SR 699) Bridge, mile 122.8 at 

Madeira Beach, Florida. A request was 

made to place the drawbridge on a daily 

operating schedule to alleviate vehicle 

congestion due to on demand bridge 

openings. This deviation will test a 

change to the drawbridge operation 

schedule to determine whether a 

permanent change to the schedule is 

needed. The Coast Guard is seeking 

comments from the public regarding 

these proposed changes. 

DATES: This deviation is effective from 

12:01 a.m. on January 1, 2021 through 

11:59 p.m. on June 25, 2021. 

Comments and relate material must 

reach the Coast Guard on or before 

February 25, 2021. 

ADDRESSES: You may submit comments 

identified by docket umber USCG– 

2020–0694 using Federal eRulemaking 

Portal at https://www.regulations.gov. 

See the ‘‘Public Participation and 

Request for Comments’’ portion of the 

SUPPLEMENTARY INFORMATION section 

below for instructions on submitting 

comments. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this test 

deviation, call or email LT Clark W. 

Sanford, U.S. Coast Guard, Sector Saint 

Petersburg Waterways Management 

Division; telephone 727–824–7506, 

email Clark.W.Sanford@uscg.mil. 

SUPPLEMENTARY INFORMATION: 

I. Background, Purpose and Legal Basis 

The Welch Causeway (SR699) Bridge 

across the Gulf Intracoastal Waterway, 

mile 122.8, at Madeira Beach, Florida is 

a double-leaf bascule bridge with a 25 

foot vertical clearance at mean high 

water in the closed position and an 89 

foot horizontal clearance between 

fenders. The normal operating schedule 

for the bridge is found in 33 CFR 

117.287(h). Navigation on the waterway 

is commercial and recreational. 

The City of Madeira Beach Florida has 

requested the current operating 


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