14862 Federal Register / Vol. 72, No. 60 / Thursday, March 29, 2007 / Notices 

1The Board will grant a stay if an informed 

decision on environmental issues (whether raised 

by a party or by the Board’s Section of 

Environmental Analysis (SEA) in its independent 

investigation) cannot be made before the 

exemption’s effective date. See Exemption of Outof-Service Rail Lines, 5 I.C.C.2d 377 (1989). Any 

request for a stay should be filed as soon as possible 

so that the Board may take appropriate action before 

the exemption’s effective date. 

2Each OFA must be accompanied by the filing 

fee, which is currently set at $1,300. See 49 CFR 

1002.2(f)(25). 

line of railroad on its Southern Region, 

Jacksonville Division, Palmetto 

Subdivision, from milepost SWC 871.0 

to the end of track at milepost 871.66, 

known as the west end of the Parrish 

Spur, City of Palmetto, in Manatee 

County, FL. The line traverses United 

States Postal Service Zip Code 34221. 

CSXT has certified that: (1) No traffic 

has moved over the line for at least 2 

years; (2) any overhead traffic on the 

line can be rerouted over other lines; (3) 

no formal complaint filed by a user of 

rail service on the line (or by a state or 

local government entity acting on behalf 

of such user) regarding cessation of 

service over the line either is pending 

with the Board or with any U.S. District 

Court or has been decided in favor of 

complainant within the 2-year period; 

and (4) the requirements of 49 CFR 

1105.7 (environmental report), 49 CFR 

1105.8 (historic report), 49 CFR 1105.11 

(transmittal letter), 49 CFR 1105.12 

(newspaper publication), and 49 CFR 

1152.50(d)(1) (notice to governmental 

agencies) have been met. 

As a condition to this exemption, any 

employee adversely affected by the 

abandonment shall be protected under 

Oregon Short Line R. Co.—

Abandonment—Goshen, 360 I.C.C. 91 

(1979). To address whether this 

condition adequately protects affected 

employees, a petition for partial 

revocation under 49 U.S.C. 10502(d) 

must be filed. 

Provided no formal expression of 

intent to file an offer of financial 

assistance (OFA) has been received, this 

exemption will be effective on April 28, 

2007, unless stayed pending 

reconsideration. Petitions to stay that do 

not involve environmental issues,1

formal expressions of intent to file an 

OFA under 49 CFR 1152.27(c)(2),2 and 

trail use/rail banking requests under 49 

CFR 1152.29 must be filed by April 9, 

2007. Petitions to reopen or requests for 

public use conditions under 49 CFR 

1152.28 must be filed by April 18, 2007, 

with the Surface Transportation Board, 

395 E Street, SW., Washington, DC 

20423–0001. 

A copy of any petition filed with the 

Board should be sent to CSXT’s 

representative: Steven C. Armbrust, 

Esq., CSX Transportation, Inc., 500 

Water St., Jacksonville, FL 32202. 

If the verified notice contains false or 

misleading information, the exemption 

is void ab initio. 

CSXT has filed environmental and 

historic reports which address the 

effects, if any, of the abandonment on 

the environment and historic resources. 

SEA will issue an environmental 

assessment (EA) by April 3, 2007. 

Interested persons may obtain a copy of 

the EA by writing to SEA (Room 1100, 

Surface Transportation Board, 

Washington, DC 20423–0001) or by 

calling SEA, at (202) 245–0305. 

[Assistance for the hearing impaired is 

available through the Federal 

Information Relay Service (FIRS) at 1–

800–877–8339.] Comments on 

environmental and historic preservation 

matters must be filed within 15 days 

after the EA becomes available to the 

public. 

Environmental, historic preservation, 

public use, or trail use/rail banking 

conditions will be imposed, where 

appropriate, in a subsequent decision. 

Pursuant to the provisions of 49 CFR 

1152.29(e)(2), CSXT shall file a notice of 

consummation with the Board to signify 

that it has exercised the authority 

granted and fully abandoned the line. If 

consummation has not been effected by 

CSXT’s filing of a notice of 

consummation by March 29, 2008, and 

there are no legal or regulatory barriers 

to consummation, the authority to 

abandon will automatically expire. 

Board decisions and notices are 

available on our Web site at 

WWW.STB.DOT.GOV. 

Decided: March 20, 2007. 

By the Board, Joseph H. Dettmar, Acting 

Director, Office of Proceedings. 

Vernon A. Williams, 

Secretary. 

[FR Doc. E7–5472 Filed 3–28–07; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Credit for Renewable Electricity 

Production, Refined Coal Production, 

and Indian Coal Production, and 

Publication of Inflation Adjustment 

Factors and Reference Prices for 

Calendar Year 2007 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Publication of inflation 

adjustment factors and reference prices 

for calendar year 2007 as required by 

section 45(e)(2)(A) of the Internal 

Revenue Code (26 U.S.C. 45(e)(2)(A)), 

section 45(e)(8)(C) (26 U.S.C. 

45(e)(8)(C)), and section 45(e)(10)(C) (26 

U.S.C. 45(e)(10)(C)). 

SUMMARY: The 2007 inflation adjustment 

factors and reference prices are used in 

determining the availability of the credit 

for renewable electricity production, 

refined coal production, and Indian coal 

production under section 45. 

DATES: The 2007 inflation adjustment 

factors and reference prices apply to 

calendar year 2007 sales of kilowatt 

hours of electricity produced in the 

United States or a possession thereof 

from qualified energy resources, and to 

2007 sales of refined coal and Indian 

coal produced in the United States or a 

possession thereof. 

Inflation Adjustment Factors: The 

inflation adjustment factor for calendar 

year 2007 for qualified energy resources 

and refined coal is 1.3433. The inflation 

adjustment factor for Indian coal is 

1.0293. 

Reference Prices: The reference price 

for calendar year 2007 for facilities 

producing electricity from wind is 3.29 

cents per kilowatt hour. The reference 

prices for fuel used as feedstock within 

the meaning of section 45(c)(7)(A) 

(relating to refined coal production) are 

$31.90 per ton for calendar year 2002 

and $48.35 per ton for calendar year 

2007. The reference prices for facilities 

producing electricity from closed-loop 

biomass, open-loop biomass, geothermal 

energy, solar energy, small irrigation 

power, municipal solid waste, and 

qualified hydropower production have 

not been determined for calendar year 

2007. The IRS is exploring methods of 

determining those reference prices for 

calendar year 2008. 

Because the 2007 reference price for 

electricity produced from wind does not 

exceed 8 cents multiplied by the 

inflation adjustment factor, the phaseout 

of the credit provided in section 45(b)(1) 

does not apply to such electricity sold 

during calendar year 2007. Because the 

2007 reference price of fuel used as 

feedstock for refined coal does not 

exceed the $31.90 reference price of 

such fuel in 2002 multiplied by the 

inflation adjustment factor and 1.7, the 

phaseout of credit provided in section 

45(e)(8)(B) does not apply to refined 

coal sold during calendar year 2007. 

Further, for electricity produced from 

closed-loop biomass, open-loop 

biomass, geothermal energy, solar 

energy, small irrigation power, 

municipal solid waste, and qualified 

hydropower production, the phaseout of 

credit provided in section 45(b)(1) does 

not apply to such electricity sold during 

calendar year 2007. 


jlentini on PROD1PC65 with NOTICES
Federal Register / Vol. 72, No. 60 / Thursday, March 29, 2007 / Notices 14863 

Credit Amount by Qualified Energy 

Resource and Facility, Refined Coal, 

and Indian Coal: As required by section 

45(b)(2), the 1.5-cent amount in section 

45(a)(1), the 8-cent amount in section 

45(b)(1), and the $4.375 amount in 

section 45(e)(8)(A) are each adjusted by 

multiplying such amount by the 

inflation adjustment factor for the 

calendar year in which the sale occurs. 

If any amount as increased under the 

preceding sentence is not a multiple of 

0.1 cent, such amount is rounded to the 

nearest multiple of 0.1 cent. In the case 

of electricity produced in open-loop 

biomass facilities, small irrigation 

power facilities, landfill gas facilities, 

trash combustion facilities, and 

qualified hydropower facilities, section 

45(b)(4)(A) requires the amount in effect 

under section 45(a)(1) (before rounding 

to the nearest 0.1 cent) to be reduced by 

one-half. Under the calculation required 

by section 45(b)(2), the credit for 

renewable electricity production for 

calendar year 2007 under section 45(a) 

is 2.0 cents per kilowatt hour on the sale 

of electricity produced from the 

qualified energy resources of wind, 

closed-loop biomass, geothermal energy, 

and solar energy, and 1.0 cent per 

kilowatt hour on the sale of electricity 

produced in open-loop biomass 

facilities, small irrigation power 

facilities, landfill gas facilities, trash 

combustion facilities, and qualified 

hydropower facilities. Under the 

calculation required by section 45(b)(2), 

the credit for refined coal production for 

calendar year 2007 under section 

45(e)(8)(A) is $5.877 per ton on the sale 

of qualified refined coal. The credit for 

Indian coal production for calendar year 

2007 under section 45(e)(10)(B) is 

$1.544 per ton on the sale of Indian 

coal. 

FOR FURTHER INFORMATION CONTACT: 

David A. Selig, IRS, CC:PSI:5, 1111 

Constitution Avenue, NW., Washington, 

DC 20224, (202) 622–3040 (not a tollfree call). 

William P. O’Shea, 

Associate Chief Counsel (Passthroughs & 

Special Industries). 

[FR Doc. E7–5733 Filed 3–28–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

Advisory Committee on CARES 

Business Plan Studies; Notice of 

Meeting 

The Department of Veterans Affairs 

(VA) gives notice under the Public Law 

92–463 (Federal Advisory Committee 

Act) that the Advisory Committee on 

CARES Business Plan Studies has 

scheduled a meeting on April 17, 2007, 

at Montrose VA Medical Center, 

Building 15, Room 7, 2094 Albany Post 

Road, Montrose, New York. The meeting 

will convene at 4 p.m. and conclude at 

7 p.m. The meeting is open to the 

public. 

The purpose of the Committee is to 

provide advice to the Secretary of 

Veterans Affairs on proposed business 

plans at those VA facility sites 

identified in May 2004 as requiring 

further study by the Capital Asset 

Realignment for Enhanced Services 

(CARES) Decision document. 

The objective of the meeting is for the 

CARES contractor to present the 

business plan options, for the VA 

Montrose and Castle Point campuses, 

recommended to VA for further study 

and those selected by VA. The 

Committee will provide 

recommendations to the contractor 

regarding issues to be addressed in the 

Stage 2 study of the options selected by 

VA. The agenda will accommodate 

public commentary on the issues to be 

addressed in Stage 2 of the CARES 

study. 

Interested persons may attend and 

present oral or written statements to the 

Committee. For additional information 

regarding the meeting, please contact 

Mr. Jay Halpern, Designated Federal 

Officer, (00CARES), at 810 Vermont 

Avenue, NW., Washington, DC 20420, 

by phone at (202) 273–5994, or by email at jay.halpern@hq.med.va.gov. 

Dated: March 22, 2007. 

By Direction of the Secretary. 

E. Philip Riggin, 

Committee Management Officer. 

[FR Doc. 07–1529 Filed 3–28–07; 8:45 am] 

BILLING CODE 8320–01–M 


jlentini on PROD1PC65 with NOTICES