33222 Federal Register / Vol. 80, No. 112 / Thursday, June 11, 2015 / Proposed Rules 

published as final regulations in the 

Federal Register. 

* * * * * 

§ 1.1502–21A [Removed] 

■ Par. 5. Section 1.1502–21A is 

removed. 

■ Par. 6. Section 1.1502–22 is amended 

by: 

■ 1. Revising paragraphs (a)(2) and (3). 

■ 2. Adding paragraph (a)(4). 

The revisions and addition read as 

follows: 

§ 1.1502–22 Consolidated capital gain and 

loss. 

* * * * * 

(a) * * * 

(2) The consolidated net section 1231 

gain for the year (determined under 

§ 1.1502–23); 

(3) The net capital loss carryovers or 

carrybacks to the year; and 

(4) Applying the ordering rules of 

§ 1.1502–11(b) if stock of a subsidiary is 

disposed of. 

* * * * * 

§ 1.1502–22A [Removed] 

■ Par. 7. Section 1.1502–22A is 

removed. 

§ 1.1502–23A [Removed] 

■ Par. 8. Section 1.1502–23A is 

removed. 

§ 1.1502–24 [Amended] 

■ Par. 9. Section 1.1502–24 is amended 

by: 

■ 1. Removing the words ‘‘Five percent’’ 

in paragraph (a)(2) and adding ‘‘The 

percentage limitation on the total 

charitable contribution deduction 

provided in section 170(b)(2)(A)’’ in its 

place. 

■ 2. Removing ‘‘section 242,’’ and 

‘‘§ 1.1502–25,’’ in paragraph (c). 

PART 301—PROCEDURE AND 

ADMINISTRATION 

■ Par. 10. The authority citation for part 

301 is amended by revising the entry for 

§ 301.6402–7 to read in part as follows: 

Authority: 26 U.S.C. 7805. 

* * * * * 

Section 301.6402–7 also issued under 26 

U.S.C. 6402(k). 

* * * * * 

■ Par. 11. Section 301.6402–7 is 

amended by revising the last sentence of 

paragraph (g)(2)(ii) and paragraph (l) to 

read as follows: 

§ 301.6402–7 Claims for refund and 

applications for tentative carryback 

adjustments involving consolidated groups 

that include insolvent financial institutions. 

* * * * * 

(g) * * * 

(2) * * * 

(ii) * * * For this purpose, the 

separate net operating loss of a member 

is determined by computing the 

consolidated net operating loss by 

reference to only the member’s items of 

income, gain, deduction, and loss 

(excluding capital gains and amounts 

treated as capital gains), including the 

member’s losses and deductions 

actually absorbed by the group in the 

consolidated return year (whether or not 

absorbed by the member). 

* * * * * 

(l) Effective/applicability dates. This 

section applies to refunds and tentative 

carryback adjustments paid after 

December 30, 1991. However, the last 

sentence of paragraph (g)(2)(ii) of this 

section applies to separate net operating 

losses of members incurred in 

consolidated return years beginning on 

or after the date these regulations are 

published as final regulations in the 

Federal Register. 

John M. Dalrymple, 

Deputy Commissioner for Services and 

Enforcement. 

[FR Doc. 2015–13982 Filed 6–10–15; 8:45 am] 

BILLING CODE 4830–01–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 52 

[EPA–R07–OAR–2015–0358; FRL–9928–89– 

Region–7] 

Approval and Promulgation of Air 

Quality Implementation Plans; Iowa; 

Grain Vacuuming Best Management 

Practices (BMPs) and Rescission 

Rules 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Proposed rule. 

SUMMARY: The Environmental Protection 

Agency (EPA) proposes to approve the 

State Implementation Plan (SIP) 

revision submitted by the State of Iowa 

to amend Best Management Practices 

(BMPs) for grain vacuuming operations 

at Group 1 grain elevators. Additional 

revisions to the SIP include revised 

definitions, revised requirements for 

Department forms, and rescinding rule 

requirements and references for 

conditional permits. 

DATES: Comments on this proposed 

action must be received in writing by 

July 13, 2015. 

ADDRESSES: Submit your comments, 

identified by Docket ID No. EPA–R07– 

OAR–2015–0358, by mail to Heather 

Hamilton, Environmental Protection 

Agency, Air Planning and Development 

Branch, 11201 Renner Boulevard, 

Lenexa, Kansas 66219. Comments may 

also be submitted electronically or 

through hand delivery/courier by 

following the detailed instructions in 

the ADDRESSES section of the direct final 

rule located in the rules section of this 

Federal Register. 

FOR FURTHER INFORMATION CONTACT: 

Heather Hamilton, Environmental 

Protection Agency, Air Planning and 

Development Branch, 11201 Renner 

Boulevard, Lenexa, Kansas 66219 at 

(913) 551–7039, or by email at 

Hamilton.heather@epa.gov. 

SUPPLEMENTARY INFORMATION: In the 

final rules section of this Federal 

Register, EPA is approving the state’s 

SIP revision as a direct final rule 

without prior proposal because the 

Agency views this as a noncontroversial 

revision amendment and anticipates no 

relevant adverse comments to this 

action. A detailed rationale for the 

approval is set forth in the Technical 

Support Document that is part of this 

rulemaking docket. If no relevant 

adverse comments are received in 

response to this action, no further 

activity is contemplated in relation to 

this action. If EPA receives relevant 

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 action. EPA will not institute 

a second comment period on this action. 

Any parties interested in commenting 

on this action should do so at this time. 

Please note that if EPA receives adverse 

comment on part of this rule and if that 

part can be severed from the remainder 

of the rule, EPA may adopt as final 

those parts 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 

section of this Federal Register. 

List of Subjects in 40 CFR Part 52 

Environmental protection, Air 

pollution control, Carbon monoxide, 

Incorporation by reference, 

Intergovernmental relations, Lead, 

Nitrogen dioxide, Ozone, Particulate 

matter, Reporting and recordkeeping 

requirements, Sulfur oxides, Volatile 

organic compounds. 

Dated: May 28, 2015. 

Mark Hague, 

Acting Regional Administrator, Region 7. 

[FR Doc. 2015–14088 Filed 6–10–15; 8:45 am] 

BILLING CODE 6560–50–P 


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