Federal Register / Vol. 66, No. 83 / Monday, April 30, 2001 / Proposed Rules 21297

examination in the Office of the

Regional Counsel for Southern Region,

Room 550, 1701 Columbia Avenue,

College Park, Georgia 30337, both before

and after the closing date for comments.

A report summarizing each substantive

public contact with FAA personnel

concerned with this rulemaking will be

filed in the docket.

Availability of NPRMs

Any person may obtain a copy of this

Notice of Proposed Rulemaking (NPRM)

by submitting a request to the Federal

Aviation Administration, Manager,

Airspace Branch, ASO–520, Air Traffic

Division, P.O. Box 20636, Atlanta,

Georgia 30320. Communications must

identify the docket number of this

NPRM. Persons interested in being

placed on a mailing list for future

NPRMs should also request a copy of

Advisory Circular No. 11–2A, which

describes the application procedure.

The Proposal

The FAA is considering an

amendment to Part 71 of the Federal

Aviation Regulations (14 CFR Part 71) to

amend Class D airspace and establish

Class E4 airspace at Homestead, FL.

Class D airspace designations for

airspace areas extending upward from

the surface of the earth and Class E

airspace designations for airspace areas

designated as an extension to a Class D

airspace area are published in

Paragraphs 5000 and 6004 respectively

of FAA Order 7400.9H, dated September

1, 2000, and effective September 16,

2000, which is incorporated by

reference in 14 CFR 71.1. The Class D

and 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.

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—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

Administration Order 7400.9H,

Airspace Designations and Reporting

Points, dated September 1, 2000, and

effective September 16, 2000, is

amended as follows:

Paragraph 5000 Class D Airspace.

* * * * *

ASO FL D Homestead, FL [REVISED]

Dade County—Homestead Regional Airport,

FL

(Lat. 25°29′18′′N, long. 80°23′01′′W)

That airspace extending upward from the

surface to and including 2,500 feet MSL

within a 5-mile radius of the Dade County—

Homestead Regional Airport.

* * * * *

Paragraph 6004 Class E4 Airspace Areas

Designated as an Extension to a Class D

Airspace Area.

* * * * *

ASO FL E4 Homestead, FL [NEW]

Dade County—Homestead Regional Airport,

FL

(Lat. 25°29′18′′N, long. 80°23′01′′W)

That airspace extending upward from the

surface within 1.5 miles each side of a 050°

bearing and a 230° bearing from the Dade

County—Homestead Regional Airport

extending from the 5-mile radius to 7 miles

northeast and southwest of the airport.

* * * * *

Issued in College Park, Georgia, on April

18, 2001.

Walter R. Cochran,

Acting Manager, Air Traffic Division,

Southern Region.

[FR Doc. 01–10568 Filed 4–27–01; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG–115560–99]

RIN 1545–AX66

Equity Options With Flexible Terms;

Qualified Covered Call Treatment;

Hearing Cancellation

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Cancellation of notice of public

hearing on proposed rulemaking.

SUMMARY: This document provides

notice of cancellation of a public

hearing on proposed regulations

providing guidance on the application

of the rules governing qualified covered

calls, and writing equity call options.

DATES: The public hearing originally

scheduled for Wednesday, May 9, 2001,

at 10 a.m., is canceled.

FOR FURTHER INFORMATION CONTACT: Guy

R. Traynor of the Regulations Unit,

Office of Special Counsel, (202) 622–

7180 (not a toll-free number).

SUPPLEMENTARY INFORMATION: A notice

of proposed rulemaking and notice of

public hearing that appeared in the

Federal Register on January 18, 2001,

(66 FR 4751) announced that a public

hearing was scheduled for May 9, 2001,

at 10 a.m., in the auditorium of the

Internal Revenue Building, 1111

Constitution Avenue NW., Washington,

DC. The subject of the public hearing is

proposed regulations under section

1092 of the Internal Revenue Code. The

public comment period for these

proposed regulations expired on April

18, 2001.

The notice of proposed rulemaking

and notice of public hearing, instructed

those interested in testifying at the

public hearing to submit a request to

speak and an outline of the topics to be

addressed. As of April 20, 2001, no one

has requested to speak. Therefore, the

public hearing scheduled for May 9,

2001, is canceled.

LaNita VanDyke,

Acting Chief, Regulations Unit, Office of

Special Counsel (Modernization & Strategic

Planning).

[FR Doc. 01–10549 Filed 4–27–01; 8:45 am]

BILLING CODE 4830–01–P