50972 Federal Register / Vol. 70, No. 166 / Monday, August 29, 2005 / Rules and Regulations 

1986, Public Law 99–514, 100 Stat. 

2085). If, however, the contract 

distributed by such exempt trust is a life 

insurance contract, retirement income 

contract, endowment contract, or other 

contract providing life insurance 

protection, the fair market value of the 

contract at the time of distribution must 

be included in the distributee’s income 

in accordance with the provisions of 

section 402(a), except to the extent that, 

within 60 days after the distribution of 

the contract, all or any portion of such 

value is irrevocably converted into a 

contract under which no part of any 

proceeds payable on death at any time 

would be excludable under section 

101(a) (relating to life insurance 

proceeds), or the contract is treated as 

a rollover contribution under section 

402(c). If the contract distributed by 

such trust is a transferable annuity 

contract, or a retirement income, 

endowment, or other life insurance 

contract and such contract is not treated 

as a rollover contribution under section 

402(c), then, notwithstanding the 

preceding sentence, the fair market 

value of the contract is includible in the 

distributee’s gross income unless, 

within such 60 days, such contract is 

made nontransferable. 

* * * * * 

Mark E. Matthews, 

Deputy Commissioner for Services and 

Enforcement. 

Approved: August 9, 2005. 

Eric Solomon, 

Acting Deputy Assistant Secretary for Tax 

Policy. 

[FR Doc. 05–17046 Filed 8–26–05; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[CGD11–05–023] 

Drawbridge Operation Regulations; 

Petaluma River, Blackpoint, CA 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of temporary deviation 

from regulations. 

SUMMARY: The Commander, Eleventh 

Coast Guard District, has issued a 

temporary deviation from the regulation 

governing the operation of the 

Blackpoint Railroad Drawbridge across 

the Petaluma River, mile 0.8, at 

Blackpoint, CA. This deviation allows 

the bridge to remain in the closed-tonavigation position for necessary bridge 

repair. 

DATES: This deviation is effective from 

6:30 a.m. until 8 p.m. on Monday 

August 29, 2005. 

ADDRESSES: Materials referred to in this 

document are available for inspection or 

copying at Commander (oan), Eleventh 

Coast Guard District, Building 50–3, 

Coast Guard Island, Alameda, CA 

94501–5100 between 8 a.m. and 4 p.m., 

Monday through Friday, except Federal 

holidays. The telephone number is (510) 

437–3516. Commander (oan), Eleventh 

Coast Guard District maintains the 

public docket for this temporary 

deviation. 

FOR FURTHER INFORMATION CONTACT: 

David H. Sulouff, Chief, Bridge Section, 

Eleventh Coast Guard District, 

telephone (510) 437–3516. 

SUPPLEMENTARY INFORMATION: The 

Sonoma-Marin Area Rail Transit District 

requested to secure the Blackpoint 

Drawbridge, mile 0.8, Petaluma River, in 

the closed-to-navigation position on 29 

August 2005, during daylight hours for 

bridge repair. The drawbridge provides 

unlimited vertical clearance in the full 

open-to-navigation position, and 7 feet 

vertical clearance, above Mean High 

Water, when closed. The drawbridge is 

normally maintained in the fully open 

position, except for the crossing of 

trains or for maintenance, as required by 

33 CFR 117.187. 

The proposed work was coordinated 

with waterway users. From 6:30 a.m. to 

8 p.m. on Monday, August 29, 2005, the 

drawspan may be secured in the closedto-navigation position and need not 

open for vessels. If safe to do so, a vessel 

can pass through the bridge during this 

period. The drawspan will be able to 

open in an emergency with a one-hour 

advance notice. The drawspan shall 

resume normal operations after 8 p.m. 

on August 29, 2005. 

In accordance with 33 CFR 117.35(c), 

this work will be performed with all due 

speed in order to return the bridge to 

normal operation as soon as possible. 

This deviation from the operating 

regulations is authorized under 33 CFR 

117.35. 

Dated: August 16, 2005. 

Kevin J. Eldridge, 

Rear Admiral, U.S. Coast Guard, Commander, 

Eleventh Coast Guard District. 

[FR Doc. 05–17094 Filed 8–26–05; 8:45 am] 

BILLING CODE 4910–15–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[CGD07–04–124] 

RIN 1625–AA09 

Drawbridge Operation Regulation; 

Skidaway Bridge (SR 204), Intracoastal 

Waterway, Mile 592.9, Savannah, 

Chatham County, GA 

AGENCY: Coast Guard, DHS. 

ACTION: Final rule. 

SUMMARY: The Coast Guard is changing 

the operating regulations of the 

Skidaway Bridge (SR 204) across the 

Intracoastal Waterway, mile 592.9, in 

Savannah, Georgia. This rule allows the 

bridge to open on signal, except that 

from Monday through Friday, not 

including Federal holidays, the bridge 

need only open on the hour between 

6:31 a.m. and 8:59 a.m. and on the hour 

and half hour between 4:31 p.m. and 

6:29 p.m. 

DATES: This rule is effective September 

28, 2005. 

ADDRESSES: Comments and material 

received from the public, as well as 

documents indicated in this preamble as 

being available in the docket, are part of 

docket (CGD07–04–124) and are 

available for inspection or copying at 

Commander (obr), Seventh Coast Guard 

District, 909 SE 1st Avenue, Suite 432, 

Miami, Florida 33131, between 7:30 

a.m. and 4 p.m., Monday through 

Friday, except Federal holidays. Bridge 

Branch (obr), Seventh Coast Guard 

District, maintains the public docket for 

this rulemaking. 

FOR FURTHER INFORMATION CONTACT: Mr. 

Gwin Tate, Project Manager, Seventh 

Coast Guard District, Bridge Branch, 

(305) 415–6747. 

SUPPLEMENTARY INFORMATION: 

Regulatory History 

On December 3, 2004, we published 

a notice of proposed rulemaking 

(NPRM) entitled Drawbridge Operation 

Regulations; Skidaway Bridge (SR 204), 

Intracoastal Waterway, Mile 592.9, 

Savannah, Chatham County, GA in the 

Federal Register (69 FR 70209). We 

received 8 letters commenting on the 

proposed rule. No public meeting was 

requested, and none was held. 

Background and Purpose 

On January 7, 2004, the General 

Manager of the Landings Association, a 

residential development with over 8500 

residents that comprises approximately