Federal Register / Vol. 80, No. 141 / Thursday, July 23, 2015 / Proposed Rules 43661 

liquidating distributions are made in 

accordance with the partners’ positive capital 

account balances. The partnership agreement 

also requires ABC to maintain capital 

accounts pursuant to § 1.704–1(b)(2)(iv) and 

to revalue partner capital accounts under 

§ 1.704–1(b)(2)(iv)(f) immediately prior to the 

issuance of the partnership interest to M. M 

undertakes a clawback obligation, and it is 

reasonable to anticipate that M could and 

would comply fully with any repayment 

responsibilities that arise pursuant to this 

obligation. 

(iii) Under paragraph (c) of this section, 

whether the arrangements relating to A’s 20 

percent interest in future partnership net 

income and gains and M’s Additional Interest 

are treated as payment for services depends 

on the facts and circumstances. The most 

important factor in this facts and 

circumstances determination is the presence 

or absence of significant entrepreneurial risk. 

The allocations to A and M do not 

presumptively lack significant 

entrepreneurial risk under paragraph (c)(1) of 

this section because the allocations are based 

on net profits, the allocations are subject to 

a clawback obligation over the life of the 

fund and it is reasonable to anticipate that A 

and M could and would comply with this 

obligation, and the allocations are neither 

reasonably determinable nor highly likely to 

be available. Additionally, the facts and 

circumstances do not establish the presence 

of other factors that would suggest that the 

arrangement is properly characterized as a 

payment for services. Accordingly, the 

arrangements do not constitute payment for 

services under paragraph (b)(1) of this 

section. 

■ Par. 5. Section 1.707–9 is amended 

by: 

a. Redesignating paragraph (b) as 

paragraph (c); 

b. Redesignating paragraph (a) as 

paragraph (b); and 

c. Adding new paragraph (a). 

The addition reads as follows: 

§ 1.707–9. Effective dates and transitional 

rules. 

(a) Section 1.707–2—(1) In general. 

Section 1.707–2 applies to all 

arrangements entered into or modified 

after the date of publication of the 

Treasury decision adopting that section 

as final regulations in the Federal 

Register. To the extent that an 

arrangement permits a service provider 

to waive all or a portion of its fee for any 

period subsequent to the date the 

arrangement is created, then the 

arrangement is modified for purposes of 

this paragraph on the date or dates that 

the fee is waived. 

(2) Arrangements entered into or 

modified before final regulations are 

published in the Federal Register. In 

the case of any arrangement entered into 

or modified that occurs on or before 

final regulations are published in the 

Federal Register, the determination of 

whether the arrangement is a disguised 

fee for services under section 

707(a)(2)(A) is to be made on the basis 

of the statute and the guidance provided 

regarding that provision in the 

legislative history of section 73 of the 

Tax Reform Act of 1984 (Pub. L. 98–369, 

98 Stat. 494). See H.R. Rep. No. 861, 

98th Cong., 2d Sess. 859–2 (1984); S. 

Prt. No. 169 (Vol. I), 98th Cong., 2d Sess. 

223–32 (1984); H.R. Rep. No. 432 (Pt. 2), 

98th Cong., 2d Sess. 1216–21 (1984). 

* * * * * 

■ Par. 6. Section 1.736–1 is amended by 

adding a sentence at the end of 

paragraph (a)(1)(i) to read as follows: 

§ 1.736–1. Payments to a retiring partner 

or a deceased partner’s successor in 

interest. 

(a) * * * 

(1)(i) * * * Section 736 does not 

apply to arrangements treated as 

disguised payments for services under 

§ 1.707–2. 

* * * * * 

John Dalrymple, 

Deputy Commissioner for Services and 

Enforcement. 

[FR Doc. 2015–17828 Filed 7–22–15; 8:45 am] 

BILLING CODE 4830–01–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 52 

[EPA–R06–OAR–2015–0189; FRL–9931–02– 

Region 6] 

Approval and Promulgation of 

Implementation Plans; Arkansas; 

Regional Haze and Interstate Visibility 

Transport Federal Implementation 

Plan; Reopening of Comment Period 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Proposed rule, reopening of 

comment period. 

SUMMARY: The Environmental Protection 

Agency (EPA) is reopening the comment 

period for a proposed rule to establish 

a Clean Air Act (CAA) Federal 

Implementation Plan (FIP) to address 

regional haze and visibility transport 

requirements for the State of Arkansas. 

The EPA is reopening the public 

comment period for the proposed rule 

for an additional 15 days from the date 

of today’s publication. The reopening of 

the comment period is in response to a 

request submitted by the Domtar 

Ashdown Mill to extend the comment 

period. 

DATES: The comment period for the 

proposed rule published on April 8, 

2015 (80 FR 18944), extended on May 

1, 2015 (80 FR 24872), is reopened. 

Written comments must be received on 

or before August 7, 2015. 

ADDRESSES: Submit your comments, 

identified by Docket No. EPA–R06– 

OAR–2015–0189, by one of the 

following methods: 

• Federal e-Rulemaking Portal: 

http://www.regulations.gov. Follow the 

online instructions for submitting 

comments. 

• Email: R6AIR_ARHaze@epa.gov. 

• Mail: Guy Donaldson, Chief, Air 

Planning Section (6PD–L), 

Environmental Protection Agency, 1445 

Ross Avenue, Suite 1200, Dallas, Texas 

75202–2733. 

• Hand or Courier Delivery: Guy 

Donaldson at the address above. Such 

deliveries are accepted only between the 

hours of 8 a.m. and 4 p.m. weekdays, 

and not on legal holidays. Special 

arrangements should be made for 

deliveries of boxed information. 

• Fax: Guy Donaldson at (214) 665– 

7263. 

Instructions: Direct your comments to 

Docket No. EPA–R06–OAR–2015–0189. 

Our policy is that all comments received 

will be included in the public docket 

without change and may be made 

available online at www.regulations.gov, 

including any personal information 

provided, unless the comment includes 

information claimed to be Confidential 

Business Information (CBI) or other 

information whose disclosure is 

restricted by statute. Do not submit 

information that you consider to be CBI 

or otherwise protected through 

www.regulations.gov or email. The 

www.regulations.gov Web site is an 

‘‘anonymous access’’ system, which 

means we will not know your identity 

or contact information unless you 

provide it in the body of your comment. 

If you send an email comment directly 

to us without going through 

www.regulations.gov your email address 

will be automatically captured and 

included as part of the comment that is 

placed in the public docket and made 

available on the Internet. If you submit 

an electronic comment, we recommend 

that you include your name and other 

contact information in the body of your 

comment and with any disk or CD–ROM 

you submit. If we cannot read your 

comment due to technical difficulties 

and cannot contact you for clarification, 

we may not be able to consider your 

comment. Electronic files should avoid 

the use of special characters, any form 

of encryption, and be free of any defects 

or viruses. 

Docket: The index to the docket for 

this action is available electronically at 

www.regulations.gov and in hard copy 

mstockstill on DSK4VPTVN1PROD with PROPOSALS

43662 Federal Register / Vol. 80, No. 141 / Thursday, July 23, 2015 / Proposed Rules 

at EPA Region 6, 1445 Ross Avenue, 

Suite 700, Dallas, Texas. While all 

documents in the docket are listed in 

the index, some information may be 

publicly available only at the hard copy 

location (e.g., copyrighted material), and 

some may not be publicly available at 

either location (e.g., CBI). 

FOR FURTHER INFORMATION CONTACT: 

Dayana Medina, (214) 665–7241; 

medina.dayana@epa.gov. To inspect the 

hard copy materials, please schedule an 

appointment with Ms. Medina. 

SUPPLEMENTARY INFORMATION: 

Throughout this document whenever 

‘‘we,’’ ‘‘us,’’ or ‘‘our’’ is used, we mean 

the EPA. 

On April 8, 2015, we published in the 

Federal Register a proposal to establish 

a FIP for the State of Arkansas 

addressing regional haze and visibility 

transport (80 FR 18944). Comments on 

the proposed rule were required to be 

received by May 16, 2015. On May 1, 

2015 (80 FR 24872), we published in the 

Federal Register a document that 

announced the availability in the docket 

of supplemental modeling performed by 

us and extended the comment period 

until July 15, 2015, to allow interested 

persons additional time to prepare and 

submit comments. 

On July 6, 2015, we received a request 

from the Domtar Ashdown Mill to 

extend the comment period for an 

additional 45 days for the purpose of 

allowing it to complete modeling work 

and submit to us information it believes 

to be essential and related to a 

significant aspect of the proposed FIP 

requirements for the Domtar Ashdown 

Mill. On July 13, 2015, we received a 

renewed and revised request from the 

Domtar Ashdown Mill to extend the 

comment period until August 4, 2015. 

Given that the comment period closed 

on July 15, 2015, we are unable to 

extend the comment period, but will 

reopen the comment period for 15 days 

from the date of today’s publication. We 

will also consider any comments 

submitted to us in the interim period 

following the close of the public 

comment period on July 15, 2015, and 

prior to today’s publication. This 

reopening will allow the Domtar 

Ashdown Mill and other interested 

persons additional time to submit 

comments to us. 

List of Subjects in 40 CFR Part 52 

Environmental protection, Air 

pollution control, Best available control 

technology, Incorporation by reference, 

Intergovernmental relations, Interstate 

transport of pollution, Nitrogen dioxide, 

Ozone, Particulate matter, Reporting 

and recordkeeping requirements, Sulfur 

dioxides, Regional haze, Visibility. 

Dated: July 15, 2015. 

Wren Stenger, 

Multimedia Planning and Permitting Division 

Director, Region 6. 

[FR Doc. 2015–17990 Filed 7–22–15; 8:45 am] 

BILLING CODE 6560–50–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 52 

[EPA–R01–OAR–2010–0460; A–1–FRL– 

9930–93-Region 1] 

Approval and Promulgation of Air 

Quality Implementation Plans; Rhode 

Island; Control of Volatile Organic 

Compounds from Adhesives and 

Sealants 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Proposed rule. 

SUMMARY: The Environmental Protection 

Agency (EPA) is proposing to approve a 

State Implementation Plan (SIP) 

revision submitted by the State of Rhode 

Island. This revision includes a 

regulation adopted by Rhode Island that 

establishes and requires Reasonably 

Available Control Technology (RACT) 

for volatile organic compound (VOC) 

sources of emissions from 

miscellaneous adhesives and sealants. 

The intended effect of this action is to 

propose to approve Rhode Island’s Air 

Pollution Control Regulation No. 44, 

‘‘Control of Volatile Organic 

Compounds from Adhesives and 

Sealants,’’ into the Rhode Island SIP. 

This action is being taken in accordance 

with the Clean Air Act. 

DATES: Written comments must be 

received on or before August 24, 2015. 

ADDRESSES: Submit your comments, 

identified by Docket ID No. EPA–R01– 

OAR–2010–0460 by one of the following 

methods: 

1. www.regulations.gov: Follow the 

on-line instructions for submitting 

comments. 

2. Email: arnold.anne@epa.gov. Fax: 

(617) 918–0047. 

3. Mail: EPA–R01–OAR–2010–0460, 

Anne Arnold, U.S. Environmental 

Protection Agency, EPA New England 

Regional Office, 5 Post Office Square— 

Suite 100, (Mail code OEP05–2), Boston, 

MA 02109–3912. Hand Delivery or 

Courier. Deliver your comments to: 

Anne Arnold, Manager, Air Quality 

Planning Unit, Office of Ecosystem 

Protection, U.S. Environmental 

Protection Agency, EPA New England 

Regional Office, 5 Post Office Square— 

Suite 100, (Mail code OEP05–2), Boston, 

MA 02109–3912. Such deliveries are 

only accepted during the Regional 

Office’s normal hours of operation. The 

Regional Office’s official hours of 

business are Monday through Friday, 

8:30 a.m. to 4:30 p.m., excluding legal 

holidays. 

Please see the direct final rule which 

is located in the Rules Section of this 

Federal Register for detailed 

instructions on how to submit 

comments. 

FOR FURTHER INFORMATION CONTACT: 

David Mackintosh, Air Quality Unit, 

U.S. Environmental Protection Agency, 

EPA New England Regional Office, 5 

Post Office Square—Suite 100, (Mail 

code OEP05–2), Boston, MA 02109– 

3912, telephone number (617) 918– 

1584, fax number (617) 918–0584, email 

mackintosh.david@epa.gov. 

SUPPLEMENTARY INFORMATION: In the 

Rules and Regulations section of this 

Federal Register, EPA is approving the 

State’s SIP submittal as a direct final 

rule without prior proposal because the 

Agency views this as a noncontroversial 

submittal and anticipates no adverse 

comments. A detailed rationale for the 

approval is set forth in the direct final 

rule. If no adverse comments are 

received in response to the rule, no 

further activity is contemplated. If EPA 

receives adverse comments, the direct 

final rule will be withdrawn and all 

public comments received will be 

addressed in a subsequent final rule 

based on this proposed rule. EPA will 

not institute a second comment period. 

Any parties interested in commenting 

on this action should do so at this time. 

Please note that if EPA receives adverse 

comment on an amendment, paragraph, 

or section of the rule and if that 

provision may be severed from the 

remainder of the rule, EPA may adopt 

as final those provisions of the rule that 

are not the subject of an adverse 

comment. 

For additional information, see the 

direct final rule which is located in the 

Rules and Regulations section of this 

Federal Register. 

List of Subjects in 40 CFR Part 52 

Environmental protection, Air 

pollution control, Incorporation by 

reference, Intergovernmental relations, 

Ozone, Reporting and recordkeeping 

requirements, Volatile organic 

compounds. 

Dated: June 18, 2015. 

H. Curtis Spalding, 

Regional Administrator, EPA New England. 

[FR Doc. 2015–17851 Filed 7–22–15; 8:45 am] 

BILLING CODE 6560–50–P 

mstockstill on DSK4VPTVN1PROD with PROPOSALS