76954 Federal Register / Vol. 71, No. 246 / Friday, December 22, 2006 / Proposed Rules 

Issued in Kansas City, Missouri, on 

December 15, 2006. 

Kim Smith, 

Manager, Small Airplane Directorate, Aircraft 

Certification Service. 

[FR Doc. E6–21924 Filed 12–21–06; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2006–25944; Airspace 

Docket No. 06–ACE–14] 

Proposed Establishment of Class E5 

Airspace; Potosi, MO 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of proposed rulemaking. 

SUMMARY: This notice proposes to 

amend Part 71 of the Federal Aviation 

Regulations (14 CFR Part 71) by 

establishing a Class E airspace area 

extending upward from 700 feet above 

the surface at Potosi, Washington 

County Airport, MO. 

DATES: Comments for inclusion in the 

Rules Docket must be received on or 

before January 15, 2007 

ADDRESSES: Send comments on this 

proposal to the Docket Management 

System, U.S. Department of 

Transportation, Room Plaza 401, 400 

Seventh Street, SW., Washington, DC 

20590–0001. You must identify the 

docket number FAA–2006–25944/ 

Airspace Docket No. 06–ACE–14, at the 

beginning of your comments. You may 

also submit comments on the Internet at 

http://dms.dot.gov. You may review the 

public docket containing the proposal, 

any comments received, and any final 

disposition in person in the Dockets 

Office between 9 a.m. and 5 p.m., 

Monday through Friday, except Federal 

holidays. The Docket Office (telephone 

1–800–647–5527) is on the plaza level 

of the Department of Transportation 

NASSIF Building at the above address. 

FOR FURTHER INFORMATION CONTACT: 

Grant Nichols, System Support, DOT 

Regional Headquarters Building, Federal 

Aviation Administration, 901 Locust 

Kansas City, MO 64106; telephone: 

(816) 329–2522. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

Interested parties are invited to 

participate in this proposed rulemaking 

by submitting such written data, views, 

or arguments, as they may desire. 

Comments that provide the factual basis 

supporting the views and suggestions 

presented are particularly helpful in 

developing reasoned regulatory 

decisions on the proposal. Comments 

are specifically invited on the overall 

regulatory, aeronautical, economic, 

environmental, and energy-related 

aspects of the proposal. 

Communications should identify both 

docket numbers and be submitted in 

triplicate to the address listed above. 

Commenters wishing the FAA to 

acknowledge receipt of their comments 

on this notice must submit with those 

comments a self-addressed, stamped 

postcard on which the following 

statement is made: ‘‘Comments to 

Docket No. FAA–2006–25944/Airspace 

Docket No. 06–ACE–14.’’ The postcard 

will be date/time stamped and returned 

to the commenter. 

Availability of NPRM’s 

An electronic copy of this document 

may be downloaded through the 

Internet at http://dms.dot.gov. Recently 

published rulemaking documents can 

also be accessed through the FAA’s web 

page at http://www.faa.gov or the 

Superintendent of Document’s web page 

at http://www.access.gpo.gov/nara. 

Additionally, any person may obtain 

a copy of this notice by submitting a 

request to the Federal Aviation 

Administration (FAA), Office of Air 

Traffic Airspace Management, ATA–

400, 800 Independence Avenue, SW., 

Washington, DC 20591, or by calling 

(202) 267–8783. Communications must 

identify both docket numbers for this 

notice. Persons interested in being 

placed on a mailing list for future 

NPRM’s should contact the FAA’s 

Office of Rulemaking (202) 267–9677, to 

request a copy of Advisory Circular No. 

11–2A, Notice of Proposed Rulemaking 

Distribution System, which describes 

the application procedure. 

The Proposal 

This notice proposes to amend Part 71 

of the Federal Aviation Regulations (14 

CFR Part 71) by establishing a Class E 

airspace area extending upward from 

700 feet above the surface at Potosi, 

Washington County Airport, MO. The 

establishment of Area Navigation 

(RNAV) Global Positioning System 

(GPS) Instrument Approach Procedures 

(IAP) to runways 2 and 20 have made 

this action necessary. The intended 

effect of this proposal is to provide 

adequate controlled airspace for 

Instrument Flight Rules operations at 

Potosi, Washington County Airport, 

MO. The area would be depicted on 

appropriate aeronautical charts. 

Class E airspace areas extending 

upward from 700 feet or more above the 

surface of the earth are published in 

Paragraph 6005 of FAA Order 7400.9P, 

dated September 1, 2006, and effective 

September 16, 2006, which is 

incorporated by reference in 14 CFR 

71.1. The Class E airspace designations 

listed in this document would be 

published subsequently in the Order. 

The FAA has determined that this 

proposed regulation only involves an 

established body of technical 

regulations for which frequent and 

routine amendments are necessary to 

keep them operationally current. It, 

therefore, (1) Is not a ‘‘significant 

regulatory action’’ under Executive 

Order 12866; (2) is not a ‘‘significant 

rule’’ under DOT Regulatory Policies 

and Procedures (44 FR 11034; February 

26, 1979); and (3) does not warrant 

preparation of a Regulatory Evaluation 

as the anticipated impact is so minimal. 

Since this is a routine matter that will 

only affect air traffic procedures and air 

navigation, it is certified that this rule, 

when promulgated, will not have a 

significant economic impact on a 

substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

This proposed rulemaking is 

promulgated under the authority 

described in Subtitle VII, Part A, 

Subpart I, Section 40103. Under that 

section, the FAA is charged with 

prescribing regulations to assign the use 

of the airspace necessary to ensure the 

safety of aircraft and the efficient use of 

airspace. This proposed regulation is 

within the scope of that authority since 

it would contain aircraft executing 

instrument approach procedures to 

Potosi, Washington County Airport, 

MO. 

List of Subjects in 14 CFR Part 71 

Airspace Incorporation by reference, 

Navigation (Air). 

The Proposed Admendment 

In consideration of the foregoing, the 

Federal Aviation Administration 

proposes to amend 14 CFR part 71 as 

follows: 

PART 71—DESIGNATION OF CLASS A, 

CLASS B, CLASS C, CLASS D, AND 

CLASS E AIRSPACE AREAS; 

AIRWAYS; ROUTES; AND REPORTING 

POINTS 

1. The authority citation for part 71 

continues to read as follows: 

Authority: 49 U.S.C. 106(g); 40103, 40113, 

40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959–

1963 Comp., p. 389. 

§ 71.1 [Amended] 

2. The incorporation by reference in 

14 CFR 71.1 of Federal Aviation 


ycherry on PROD1PC64 with PROPOSALS
Federal Register / Vol. 71, No. 246 / Friday, December 22, 2006 / Proposed Rules 76955 

Administration order 7400.9P, Airspace 

Designations and Reporting Points, 

dated September 1, 2006, and effective 

September 15, 2006, is amended as 

follows: 

Paragraph 6005 Class E airspace areas 

extending upward from 700 feet or more 

above the surface of the earth. 

* * * * * 

ACE MO E5 Potosi, MO 

Potosi, Washington County Airport, MO 

(Lat. 37°55′45′′ N., long. 90°43′53′′ W.) 

That airspace extending upward from 700 

feet above the surface within a 6.4-mile 

radius of Potosi, Washington County Airport, 

MO. 

* * * * * 

Issued in Fort Worth, TX, on December 11, 

2006. 

Donald R. Smith, 

Manager, System Support Group, ATO 

Central Service Area. 

[FR Doc. 06–9827 Filed 12–21–06; 8:45 am] 

BILLING CODE 4910–13–M 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[REG–161919–05] 

RIN 1545–BF25 

Guidance Necessary To Facilitate 

Business Electronic Filing Under 

Section 1561 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice of proposed rulemaking 

by cross-reference to temporary 

regulations. 

SUMMARY: In the Rules and Regulations 

section of this issue of the Federal 

Register, the IRS is issuing temporary 

regulations that affect component 

members of controlled groups of 

corporations and consolidated groups 

filing life-nonlife Federal income tax 

returns. They provide guidance 

regarding the apportionment of tax 

benefit items and the amount and type 

of information these members are 

required to submit with their returns. 

The text of those regulations also serves 

as the text of these proposed 

regulations. 

DATES: Written or electronic comments, 

and a request for a public hearing, must 

be received by March 22, 2007. 

ADDRESSES: Send submissions to: 

CC:PA:LPD:PR (REG–161919–05), Room 

5203, Internal Revenue Service, P.O. 

Box 7604, Ben Franklin Station, 

Washington, DC 20044. Submissions 

may be hand-delivered Monday through 

Friday between the hours of 8 a.m. and 

4 p.m. to CC:PA:LPD:PR (REG–161919–

05), Courier’s Desk, Internal Revenue 

Service, 1111 Constitution Avenue, 

NW., Washington, DC, or sent 

electronically, via the IRS Internet site 

at http://www.irs.gov/regs or via the 

Federal eRulemaking Portal at 

www.regulations.gov (indicate IRS and 

REG–161919–05). 

FOR FURTHER INFORMATION CONTACT: 

Concerning the proposed regulations, 

Grid Glyer, (202) 622–7930, concerning 

submissions of comments and requests 

for public hearings, Kelly Banks (202) 

622–7180 (not toll-free numbers). 

SUPPLEMENTARY INFORMATION: 

Background and Explanation of 

Provisions 

Temporary regulations in the Rules 

and Regulations section of this issue of 

the Federal Register amend 26 CFR part 

1 to add §§ 1.1502–43T, 1.1561–1T, 

1.1561–2T and 1.1561–3T, and amend 

§§ 1.1502–47T and 1.1563–1T. The text 

of those temporary regulations also 

serves as the text of these proposed 

regulations. The preamble to the 

temporary regulations explains the 

amendments. 

Special Analyses 

It has been determined that this notice 

of proposed rulemaking is not a 

significant regulatory action as defined 

in Executive Order 12866. Therefore, a 

regulatory assessment is not required. It 

has also been determined that section 

553(b) of the Administrative Procedure 

Act (5 U.S.C. chapter 5) does not apply 

to the following proposed regulations, 

§§ 1.1561–1, 1.1561–3 and 1.1563–1, 

and because these regulations do not 

impose a collection of information on 

small entities, the Regulatory Flexibility 

Act (5 U.S.C. chapter 6) does not apply. 

With respect to the following proposed 

regulations, §§ 1.1502–43, 1.1502–47 

and 1.1561–2, it is hereby certified that 

these regulations will not have a 

significant economic impact on a 

substantial number of small entities. 

This certification is based on the fact 

that these regulations primarily affect 

large corporations (which are members 

of either controlled or consolidated 

groups). Therefore, a regulatory 

flexibility analysis is not required. 

Pursuant to section 7805(f) of the 

Internal Revenue Code, this notice of 

proposed rulemaking will be submitted 

to the Chief Counsel for Advocacy of the 

Small Business Administration for 

comment on their impact on small 

business. 

Comments and Requests for a Public 

Hearing 

Before these proposed regulations are 

adopted as final regulations, 

consideration will be given to any 

written comments (a signed original and 

eight (8) copies) or electronic comments 

that are submitted timely to the IRS. All 

comments will be available for public 

inspection and copying. A public 

hearing may be scheduled if requested 

in writing by any person that timely 

submits written or electronic comments. 

If a public hearing is scheduled, notice 

of the date, time, and place for the 

public hearing will be published in the 

Federal Register. 

Drafting Information 

The principal author of these 

regulations is Grid Glyer of the Office of 

Associate Chief Counsel (Corporate). 

Other personnel from the Treasury 

Department and the IRS participated in 

their development. 

List of Subjects in 26 CFR Part 1 

Income taxes, Reporting and 

recordkeeping requirements. 

Proposed Amendments to the 

Regulations 

Accordingly, 26 CFR part 1 is 

proposed to be amended as follows: 

PART 1—INCOME TAXES 

Paragraph 1. The authority citation 

for part 1 continues to read, in part, as 

follows: 

Authority: 26 U.S.C. 7805 * * * 

Par. 2. Section 1.1502–43 is amended 

by revising paragraph (d) and adding 

paragraph (e) to read as follows: 

§ 1.1502–43 Consolidated accumulated 

earnings tax. 

[The text of the proposed amendment 

to § 1.1502–43 is the same as the text for 

§ 1.1502–43T published elsewhere in 

this issue of the Federal Register]. 

Par. 3. Section 1.1502–47 is amended 

by revising paragraph (s) and adding 

paragraph (t) to read as follows: 

§ 1.1502–47 Consolidated returns by lifenonlife groups. 

[The text of the proposed amendment 

to § 1.1502–47 is the same as the text for 

§ 1.1502–47T published elsewhere in 

this issue of the Federal Register]. 

Par. 4. Section 1.1561–1 is added to 

read as follows: 

§ 1.1561–1 General rules regarding certain 

tax benefits available to the component 

members of a controlled group of 

corporations. 

[The text of the proposed § 1.1561–1 

is the same as the text for § 1.1561–1T 


ycherry on PROD1PC64 with PROPOSALS