[Federal Register Volume 62, Number 160 (Tuesday, August 19, 1997)]
[Proposed Rules]
[Pages 44103-44104]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-21858]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 25

[REG-209823-96]
RIN 1545-AU25


Guidance Regarding Charitable Remainder Trusts; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Postponement of hearing, extension of time for requesting to 
speak and submitting written comments, and requests to teleconference 
hearing.

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SUMMARY: This document postpones the public hearing on proposed 
regulations relating to charitable remainder trusts under section 664 
of the Internal Revenue Code and special valuation rules for transfers 
of interest in trusts under section 2702. In addition, this document 
extends the time for requesting to speak and for submitting written 
comments and announces that persons wishing to testify who are outside 
the Washington, DC and Los Angeles, California areas may request that 
the Service teleconference to their sites.

DATES: Requests to teleconference the hearing to other sites must be 
received by September 5, 1997.

ADDRESSES: Requests must be sent to: CC:DOM:CORP:R (REG-209823-96), 
room 5226, Internal Revenue Service, POB 7604, Ben Franklin Station, 
Washington, DC 20044. Requests may also be hand delivered between the 
hours of 8 a.m. and 5 p.m. to: CC:DOM:CORP:R (REG-209823-96), Courier's 
Desk, Internal Revenue Service, 1111 Constitution Avenue, NW., 
Washington, DC. Alternatively, requests may be submitted 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/tax____regs/comments.html.


[[Page 44104]]


FOR FURTHER INFORMATION CONTACT: Evangelista Lee of the Regulations 
Unit, Assistant Chief Counsel (Corporate), (202) 622-7190 (not a toll-
free number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice 
of public hearing appearing in the Federal Register on Friday, April 
18, 1997 (62 FR 19072), announced that a public hearing with respect to 
proposed regulations relating to charitable remainder trusts under 
section 664 and special valuation rules for transfers of interests in 
trusts under section 2702 would be held on Tuesday, September 9, 1997, 
beginning at 10 a.m. in the IRS Auditorium, Internal Revenue Building, 
1111 Constitution Avenue, NW., Washington, DC and that requests to 
speak and outlines of oral comments should be received by Tuesday, 
August 19, 1997.
    Subsequent to this announcement, the Service received a letter from 
the Los Angeles County Bar Association indicating that the Los Angeles 
area had considerable interest in the proposed regulations and 
requesting that the hearing be teleconferenced to Los Angeles. The 
Service will accommodate that request. The Service recognizes that 
other persons outside the Washington, DC and Los Angeles areas may also 
wish to testify through teleconferencing and those persons should 
request to do so.
    Requests to include other teleconferencing sites must be received 
by Friday, September 5, 1997. If the Service receives sufficient 
indications of interest to warrant teleconferencing to a particular 
city and if the Service has teleconferencing facilities in that city, 
the Service will accommodate the requests.
    Accordingly, the public hearing originally scheduled for September 
9, 1997, is postponed until later in the Fall and the time is extended 
for requesting to speak and submitting written comments. The Service 
will issue a notice in the Federal Register announcing a new date by 
which requests to speak and written comments must be received. The 
Service will also announce the new date, time and any additional 
teleconference sites of the public hearing.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 97-21858 Filed 8-18-97; 8:45 am]
BILLING CODE 4830-01-P