Federal Register / Vol. 62, No. 163 / Friday, August 22, 1997 / Proposed Rules 44607

1A copy of the letter has been placed on the

public record of this proceeding.

keep them operationally current.

Therefore, this proposed regulation—(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 would only affect air

traffic procedures and air navigation, it

is certified that this proposed rule

would not have significant economic

impact on a substantial number of small

entities under the criteria of the

Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 71

Airspace, Incorporation by reference,

Navigation (air).

The Proposed Amendment

In consideration of the foregoing, the

Federal Aviation Administration

proposes to amend 14 CFR Part 71 as

follows:

PART 71—[AMENDED]

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 the Federal Aviation

Administration Order 7400.9D, dated

September 4, 1996, and effective

September 16, 1996, is amended as

follows:

Paragraph 6005 Class E airspace areas

extending upward from 700 feet or more

above the surface of the earth.

* * * * *

AEA WV E5 Point Pleasant, WV [Revised]

Mason County Airport, Point Pleasant, WV

(Lat. 38°54′52′′N., long. 82°05′55′′W.)

That airspace extending upward from 700

feet above the surface within a 6.4-mile

radius of Mason County Airport and within

4 miles each side of the 059° bearing from the

Mason County Airport extending from the

6.4-mile radius to 10 miles northeast of the

airport excluding that portion that coincides

with the Gallipolis, OH, and Ravenswood,

WV, Class E airspace areas

* * * * *

Issued in Jamaica, New York, on July 28,

1997.

James K. Buckles,

Acting Manager, Air Traffic Division, Eastern

Region.

[FR Doc. 97–22350 Filed 8–21–97; 8:45 am]

BILLING CODE 4910–13–M

FEDERAL TRADE COMMISSION

16 CFR Part 245

Extension of Time; Guides for the

Watch Industry

AGENCY: Federal Trade Commission.

ACTION: Extension of time for filing

public comments.

SUMMARY: The Federal Trade

Commission (the ‘‘Commission’’)

requested public comments on June 18,

1997, 62 FR 33316, on proposed

revisions to the Guides for Watch

Industry (‘‘the Guides’’), 16 CFR Part

245. The Commission solicited

comments until September 2, 1997. In

response to a request from an industry

group, the Commission grants an

extension of the comment period.

DATES: Written comments will be

accepted until October 1, 1997.

ADDRESSES: Comments should be

directed to: Secretary, Federal Trade

Commission, Room H–159, Sixth &

Pennsylvania Ave., NW., Washington,

DC 20580. Comments should be

identified as ‘‘Guides for the Watch

Industry—16 CFR Part 245—Comment.’’

FOR FURTHER INFORMATION CONTACT:

Constance M. Vecellio, Attorney,

Federal Trade Commission,

Washington, DC 20580, (202) 326–2966.

SUPPLEMENTARY INFORMATION: By letter

dated August 1, 1997, counsel for the

Federation of the Swiss Watch Industry

(‘‘Swiss Federation’’) requested that the

comment period be extended for thirty

days, until October 1, 1997, because in

a trade association such as the Swiss

Federation, decision-making is by

committee, an inherently timeconsuming process, and because the

original comment period included the

traditional two week watch industry

holiday.1

The Commission has determined that

an extension of the comment period

until October 1, 1997 is appropriate.

Therefore, to allow all interested

persons the opportunity to supply the

Commission with written data, views

and arguments concerning the

Commission’s review of the Guides, the

Commission grants an extension of the

comment period to October 1, 1997.

List of Subjects in 16 CFR Part 245

Advertising, Trade practices, Watch

bands, Watches.

Authority: 15 U.S.C. 41–58.

By direction of the Commission.

Benjamin I. Berman,

Acting Secretary.

[FR Doc. 97–22349 Filed 8–21–97; 8:45 am]

BILLING CODE 6750–01–M

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG–208151–91]

RIN 1545–AQ91

Rules for Property Produced in a

Farming Business

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Notice of proposed rulemaking

by cross-reference to temporary

regulations and notice of public hearing.

SUMMARY: In the Rules and Regulations

section of this issue of the Federal

Register, the IRS is issuing temporary

regulations relating to the application of

section 263A of the Internal Revenue

Code of 1986 to property produced in a

farming business. The regulations affect

taxpayers engaged in the business of

farming that grow or raise plants or

animals. The text of those temporary

regulations also serves as the text of

these proposed regulations. This

document provides notice of a public

hearing on these proposed regulations.

DATES: Written comments must be

received by November 20, 1997.

Requests to speak and outlines of topics

to be discussed at the public hearing

scheduled for November 19, 1997, must

be received by October 29, 1997.

ADDRESSES: Send submissions to:

CC:DOM:CORP:R (REG–208151–91),

room 5226, Internal Revenue Service,

POB 7604, Ben Franklin Station,

Washington, DC 20044. Submissions

may be hand delivered between the

hours of 8 a.m. and 5 p.m. to:

CC:DOM:CORP:R (REG–208151–91),

Courier’s Desk, Internal Revenue

Service, 1111 Constitution Avenue NW,

Washington, DC. Alternatively,

taxpayers may submit comments

electronically via the internet by

selecting the ‘‘Tax Regs’’ option on the

IRS Home Page, or by submitting

comments directly to the IRS internet

site at http://www.irs.ustreas.gov/prod/

taxlregs/comment.html. The public

hearing will be held in room 2615,

Internal Revenue Building, 1111

Constitution Avenue, NW, Washington,

DC.

FOR FURTHER INFORMATION CONTACT:

Concerning the regulations, Jan Skelton,
44608 Federal Register / Vol. 62, No. 163 / Friday, August 22, 1997 / Proposed Rules

(202) 622–4970; concerning submissions

and the hearing, Michael Slaughter,

(202) 622–7190 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

Temporary regulations in the Rules

and Regulations section of this issue of

the Federal Register amend Regulations

on Income Taxes (26 CFR part 1). The

regulations provide guidance with

respect to the application of section

263A to property produced in a farming

business.

The text of those temporary

regulations also serves as the text of

these proposed regulations. The

preamble to the temporary regulations

explains the temporary regulations.

Special Analyses

It has been determined that this notice

of proposed rulemaking is not a

significant regulatory action as defined

in EO 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 these

regulations, and because the regulations

do not impose a collection of

information on small entities, the

Regulatory Flexibility Act (5 U.S.C.

chapter 6) does not apply. 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 its impact on small business.

Comments and Public Hearing

Before these proposed regulations are

adopted as final regulations,

consideration will be given to any

written (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 has been scheduled

for Wednesday, November 19, 1997, at

10 a.m., at the Internal Revenue

Building, 1111 Constitution Ave., N.W.,

Washington, DC, 20224. Because of

access restrictions, visitors will not be

admitted beyond the building lobby

more than 15 minutes before the hearing

starts.

The rules of 26 CFR 601.601(a)(3)

apply to the hearing.

Persons that wish to present oral

comments at the hearing must submit

written comments by November 20,

1997 and submit an outline of the topics

to be discussed and the time to be

devoted to each topic (signed original

and eight (8) copies) by October 29,

1997.

A period of ten minutes will be

allotted to each person for making

comments.

An agenda showing the scheduling of

the speakers will be prepared after the

deadline for receiving outlines has

passed. Copies of the agenda will be

available free of charge at the hearing.

Drafting Information: The principal

author of these regulations is Jan

Skelton of the Office of Assistant Chief

Counsel (Income Tax & Accounting).

However, other personnel from the IRS

and Treasury Department 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 1.263A–0 is amended

by:

1. Revising the introductory text.

2. Adding the entries for § 1.263A–4.

The addition and revision read as

follows:

§ 1.263A–0 Outline of regulations under

section 263A.

This section lists the paragraphs in

§§ 1.263A–1 through 1.263A–4 and

§§ 1.263A–8 through 1.263A–15.

* * * * *

§ 1.263A–4 Rules for property produced in

a farming business.

[The text of the proposed entries for

§ 1.263A–4 in § 1.263A–0 is the same as the

text of the entries for § 1.263A–4T in

§ 1.263A–0T published elsewhere in this

issue of the Federal Register].

* * * * *

Par. 3. Section 1.263A–4 is amended

by revising the section heading and

adding new text to read as follows:

§ 1.263A–4 Rules for property produced in

a farming business.

[The proposed text of § 1.263A–4 is the

same as the text in § 1.263A–4T

published elsewhere in this issue of the

Federal Register].

Michael P. Dolan,

Acting Commissioner of Internal Revenue.

[FR Doc. 97–21770 Filed 8–21–97; 8:45 am]

BILLING CODE 4830–01–U

ENVIRONMENTAL PROTECTION

AGENCY

40 CFR Part 63

[AD–FRL–5879–1]

RIN 2060–AC19

National Emission Standards for

Hazardous Air Pollutants for Source

Categories: Organic Hazardous Air

Pollutants From the Synthetic Organic

Chemical Manufacturing Industry and

Other Processes Subject to the

Negotiated Regulation for Equipment

Leaks; Proposed Rule Clarifications;

Correction

AGENCY: Environmental Protection

Agency (EPA).

ACTION: Proposed rule: Correction.

SUMMARY: On January 17, 1997, the EPA

amended certain portions of the

‘‘National Emission Standards for

Hazardous Air Pollutants for Source

Categories: Organic Hazardous Air

Pollutants from the Synthetic Organic

Chemical Manufacturing Industry and

Other Processes Subject to the

Negotiated Regulation for Equipment

Leaks.’’ This rule is commonly known

as the Hazardous Organic NESHAP or

the HON. Among the changes made to

the rule in that action, the EPA added

a definition for ‘‘enhanced biological

treatment systems or enhanced

biological treatment processes’’ to the

rule and made clarifying revisions to

appendix C of part 63. This action

proposes to revise this definition in

order to clarify its meaning and

proposes revisions to appendix C of part

63 to reflect the clarification of the

definition for ‘‘enhanced biological

treatment systems or enhanced

biological treatment processes.’’ This

action also proposes to revise the

compliance demonstration procedures

for biological treatment units to remove

restrictions on the use of the batch test

procedure.

These proposed amendments to the

rule would not change the basic control

requirements of the rule or the level of

health protection it provides. The rule

requires new and existing major sources

to control emissions of hazardous air

pollutants to the level reflecting

application of the maximum achievable

control technology.

DATES: Comments. Comments must be

received on or before September 22,

1997, unless a hearing is requested by

September 2, 1997. If a hearing is

requested, written comments must be

received by October 6, 1997.

Public Hearing. Anyone requesting a

public hearing must contact the EPA no