Federal Register / Vol. 70, No. 232 / Monday, December 5, 2005 / Rules and Regulations 72373 

PART 229—STANDARD 

INSTRUCTIONS FOR FILING FORMS 

UNDER SECURITIES ACT OF 1933, 

SECURITIES EXCHANGE ACT OF 1934 

AND ENERGY POLICY AND 

CONSERVATION ACT OF 1975—

REGULATION S–K 

■ 1. The authority citation for part 229 

continues to read in part as follows: 

Authority: 15 U.S.C. 77e, 77f, 77g, 77h, 77j, 

77k, 77s, 77z–2, 77z–3, 77aa(25), 77aa(26), 

77ddd, 77eee, 77ggg, 77hhh, 77iii, 77jjj, 

77nnn, 77sss, 78c, 78i, 78j, 78l, 78m, 78n, 

78o, 78u–5, 78w, 78ll, 78mm, 79e, 79j, 79n, 

79t, 80a–8, 80a–9, 80a–20, 80a–29, 80a–30, 

80a–31(c), 80a–37, 80a–38(a), 80a–39, 80b–

11, and 7201 et seq.; and 18 U.S.C. 1350, 

unless otherwise noted. 

§ 229.601 [Amended] 

■ 2. Section 229.601 is amended by 

adding the phrase ‘‘in all material 

respects’’ after the words ‘‘servicing 

agreement(s)’’ in both places that those 

words appear in paragraph (4) of the 

Certifications section that follows the 

introductory language in paragraph 

(b)(31)(ii). 

§ 229.1100 [Amended] 

■ 3. Section 229.1100 is amended by 

revising the heading to the instruction 

to paragraph (c)(2) that reads 

‘‘Instruction to Item 1101(c)(2)’’ to read 

‘‘Instruction to Item 1100(c)(2)’’. 

§ 229.1105 [Amended] 

■ 4. Section 229.1105 is amended by 

revising the phrase ‘‘weighted average 

initial pool balance’’ in the second 

sentence of paragraph (a)(3)(iii) to read 

‘‘weighted average initial loan balance’’. 

PART 239—FORMS PRESCRIBED 

UNDER THE SECURITIES ACT OF 1933 

■ 5. The authority citation for part 239 

continues to read in part as follows: 

Authority: 15 U.S.C. 77f, 77g, 77h, 77j, 77s, 

77z–2, 77sss, 78c, 78l, 78m, 78n, 78o(d), 

78u–5, 78w(a), 78ll(d), 79e, 79f, 79g, 79j, 79l, 

79m, 79n, 79q, 79t, 80a–8, 80a–24, 80a–26, 

80a–29, 80a–30, and 80a–37, unless 

otherwise noted. 

■ 6. Form S–3 is amended by revising 

paragraph (b) of General Instruction 

I.B.5. to read as follows: 

Note: The text of Form S–3 does not, and 

this amendment will not, appear in the Code 

of Federal Regulations. 

Form S–3 

* * * * * 

General Instructions 

I. Eligibility Requirements for Use of 

Form S–3 

* * * * * 

B. Transaction Requirements * * * 

5. Offerings of Investment Grade AssetBacked Securities 

(a) * * * 

(b) Securities relating to an offering of 

asset-backed securities registered in 

accordance with paragraph (a) of this 

General Instruction I.B.5 where those 

securities represent an interest in or the 

right to the payments of cash flows of 

another asset pool and meet the 

requirements of Securities Act Rule 

190(c)(1) through (4) (17 CFR 

230.190(c)(1) through (4)). 

* * * * * 

Dated: November 29, 2005. 

Jonathan G. Katz, 

Secretary. 

[FR Doc. 05–23614 Filed 12–2–05; 8:45 am] 

BILLING CODE 8010–01–P 

DEPARTMENT OF COMMERCE 

International Trade Administration 

19 CFR Part 360 

[Docket No.: 040305083–5249–03] 

RIN 0625–AA64 

Steel Import Monitoring and Analysis 

System 

AGENCY: Import Administration, 

International Trade Administration, 

Department of Commerce. 

ACTION: Final rule. 

SUMMARY: The Department of Commerce 

publishes this action to make final an 

interim final rule that extended and 

expanded the Steel Import Monitoring 

and Analysis (SIMA) system until 

March 21, 2009. This action also 

expands the list of covered items to 

include all basic steel mill products, but 

it also removes certain downstream steel 

products, which were formerly covered 

products (certain fittings and flanges, 

certain cold formed shapes, and certain 

bars). The purpose of the SIMA system 

is to provide statistical data on steel 

imports entering the United States seven 

weeks earlier than is otherwise publicly 

available. The data collected on the 

licenses are made available to the public 

in an aggregated form weekly after 

Commerce review. 

DATES: This final rule is effective 

December 5, 2005. 

FOR FURTHER INFORMATION CONTACT: For 

information on the SIMA system, please 

contact Kelly Parkhill (202) 482–3791; 

Julie Al-Saadawi (202) 482–1930. 

SUPPLEMENTARY INFORMATION: The SIMA 

system (formerly referred to as Steel 

Monitoring and Analysis system) was 

originally outlined in the President’s 

March 5, 2002, Proclamation about Steel 

Safeguards, which also placed tariffs 

temporarily on many steel imports and 

provided the steel industry time to 

restructure. The monitoring system 

outlined in the President’s Proclamation 

required all importers of steel products 

to obtain a license from the Department 

of Commerce prior to completing their 

Customs import summary 

documentation. The original intent was 

to provide a monitoring tool to ensure 

that the effectiveness of the safeguard 

was not undermined by large quantities 

of imports originating from countries 

that were excluded from the tariffs. On 

December 4, 2003, the President issued 

a proclamation that terminated the steel 

safeguard measures, but directed the 

Secretary of Commerce to continue the 

monitoring system until the earlier of 

March 21, 2005, or such time as the 

Secretary of Commerce establishes a 

replacement program. On December 9, 

2003, the Department of Commerce 

published a notice stating that the 

system would continue in effect as 

described in the Proclamation until 

March 21, 2005 (68 FR 68594). 

On August 25, 2004, the Department 

published an advanced notice of 

proposed rulemaking soliciting 

comments from the public on whether 

to continue the monitoring system 

beyond March 21, 2005 (69 FR 52211) 

and, if extended, whether the system 

should be modified in any way. The 

Department received a number of 

submissions from a wide range of 

interested parties, including steel 

producers, steel consumers, steel 

suppliers, and importers as well as 

Congressional and foreign interests. On 

March 11, 2005, the Department 

published an interim final rule 

responding to these comments from the 

public and implementing a slightly 

expanded version of SIMA until March 

21, 2009. The Department received 

forty-two submissions from a wide 

range of interested parties. Please refer 

to the SIMA system’s Web site to read 

the comments on the Interim Rule and 

for further information about the SIMA 

system: http://ia.ita.doc.gov/steel/ 

license/. 

Final Rule 

The purpose of the SIMA system is to 

collect timely detailed statistics on steel 

imports and to provide stakeholders 

with information about import trends in 

this sector. The SIMA system aggregates 

detailed import statistics it collects from 

internet-generated licenses and makes 

the data available for public analysis on 

a weekly basis. The data gathering 

72374 Federal Register / Vol. 70, No. 232 / Monday, December 5, 2005 / Rules and Regulations 

procedure through the online licensing 

system remains the same as it was 

described in the interim final rule. 

While the import monitor will continue 

to display aggregate statistical tables and 

graphs of U.S. steel imports combining 

data from the Census Bureau with data 

collected from the licensing system, it 

will be altered somewhat in response to 

comments received. However, these 

modifications do not require regulatory 

action and have no impact on the 

interim regulations, which will be 

finalized without changes. 

As stated in the interim final rule, the 

Department extended the SIMA system 

for a period of four years beginning 

March 21, 2005 (see 19 CFR 360). The 

Department has also expanded the 

coverage of the system to include all 

basic steel mill products and will 

release aggregate licensing data at the 6- 

digit Harmonized Tariff Schedule (HTS) 

product level detail on the monitoring 

Web site. 

In response to a number of comments 

received, the Department plans to make 

some changes in the monitoring section. 

The Department intends to add certain 

downstream steel products, identified 

during the comment period. These 

additional products will be available on 

the SIMA import monitoring Web site 

and will cover publicly available data 

only. The Department also intends to 

include export data and possibly 

domestic shipment data, which would 

provide an indicator of apparent 

consumption of steel in the United 

States. In addition, the Department 

plans to provide import data broken out 

by carbon, alloy, and stainless grades. 

Comments 

Submissions received during the 

public comment period established in 

the interim final rule have been 

considered in preparing this final rule. 

Forty-two submissions were received 

from a wide range of sources: members 

of Congress, consumers, producers, and 

importers. Nearly all of the comments 

were supportive of extension and 

expansion of the SIMA system to steel 

mill products and agreed that it is a 

critical tool that helps the industry to 

closely monitor steel imports. The 

comments are summarized below and 

listed in order of their frequency: 

Comment 1: Expansion of the SIMA 

system to include various downstream 

steel products—The majority of the 

submitted comments supported 

expansion of the SIMA system to 

include downstream steel products, 

particularly downstream steel wire 

products such as steel wire strand and 

rope and cables (HTS 7312), barbed wire 

(HTS 7313), steel wire cloth, grill, 

netting, and fencing (HTS 7314), steel 

wire nails and staples (HTS 7317), steel 

springs (HTS 7320), and steel wire 

garment hangers (HTS 7326.20.0020). A 

small number of commenters stated that 

butt-weld fittings and flanges should be 

covered in the new SIMA system and 

that the Department should provide 

import data broken out by carbon, alloy, 

and stainless grades. 

Response 1: The Department will not 

expand coverage of the SIMA system to 

require licensing for the requested 

downstream steel products. Although 

the Department recognizes that certain 

segments of the steel industry are 

interested in the Department’s licensing 

and monitoring of these downstream 

steel products, the sheer volume of 

entries associated with many of these 

downstream steel products (nails and 

staples, springs, fittings and flanges and 

wire hangers) greatly increases the 

burden of the system on the trading 

community and could potentially 

overwhelm the SIMA system. However, 

in response to the comments received, 

the Department intends to include 

publicly available import data for these 

products in a separate section of the 

SIMA monitoring system. The 

Department also intends to provide 

import data broken out by carbon, alloy, 

and stainless steel grades. 

Comment 2: Additional Data on Steel 

Exports and Shipments—The 

Department received a comment in one 

of the early comment periods that 

requests the Department to provide 

statistics on steel availability. The 

commenter wants to see shipment data 

and export data in addition to imports. 

By including all three concepts, the 

commenter argues, the SIMA system 

would paint a better picture of the 

available steel supply in the U.S. than 

relying only on imports. 

Response 2: In addition to import 

data, the Department intends to provide 

certain publicly available steel export 

data in the SIMA monitoring system. 

The Department is also exploring the 

possibility of reporting domestic 

shipment data to provide an indicator of 

U.S. apparent consumption. These 

changes to the SIMA system do not 

involve regulatory changes and do not 

affect the interim regulations. 

Comment 3: Reporting Level—A 

number of the submissions requested 

that the level of product detail 

presented in the monitor should be at 

the 10-digit HTS level. The commenters 

voiced concerns over reporting at the 6- 

digit HTS level stating that the product’s 

features and use are often not revealed 

at the 6-digit HTS levels. Several 

commenters also suggested that the 

Department should aggregate data by 

port of entry. 

Response 3: The Department will 

continue to report aggregate data at the 

6-digit HTS level only. The Department 

does not intend to publish data in any 

greater product detail than at the 6-digit 

HTS level because of the possibility of 

inadvertent release of proprietary 

information. The Department does not 

intend to release aggregate port of entry 

data for the same reason. However, the 

Department will publish historical 

percentage allocations for 6-digit HTS 

codes to the aggregate steel categories to 

assist users in their analysis of the data. 

Comment 4: Foreign Trade Zones 

(FTZ)–A number of commenters 

requested that the steel licensing 

requirement should remain a 

requirement at the time of admission to 

a FTZ and not upon Customs entry into 

the U.S. Customs territory. 

Response 4: The Department will 

continue to require a license from 

importers who bring steel to an FTZ 

only when it is first entered into the 

FTZ. The Department acknowledges the 

difficulty of identifying specific steel 

components upon exit of the steel 

product from the FTZ into the U.S. 

economy. 

Comment 5: Blanket License—A few 

commenters stated that the current 

system should allow blanket licenses. 

Response 5: The Department does not 

intend to make blanket licenses 

available. The Department is pleased to 

report that the data collected from the 

licensing system matches closely the 

Census data when it is published 

several weeks after the SIMA release. If 

the Department were to allow users to 

file blanket licenses, it would be 

difficult to reconcile other data with the 

licensing data and the accuracy of the 

monitoring system would deteriorate. 

Comment 6: Text file of raw data—A 

number of commenters requested that 

the Department release data in a text 

format that includes both quantity and 

value data. 

Response 6: The Department intends 

to publish a 6-column text file on its 

Web site and update it weekly. This text 

file would be composed of country, HTS 

code, quantity, value, price, and month 

of importation. 

On June 9, 2005, the product coverage 

of the SIMA system expanded to 

include all basic steel mill products 

(which are listed in full in the annex). 

At the same time certain downstream 

steel products, which were formerly 

covered products (certain fittings and 

flanges, certain cold formed shapes, and 

certain bars) were removed from the 

licensing requirement. Please refer to 

the SIMA Web site for a full listing of 

Federal Register / Vol. 70, No. 232 / Monday, December 5, 2005 / Rules and Regulations 72375 

the detailed product code changes and 

requirements. 

For the reasons discussed above, the 

interim rule (19 CFR 360) published on 

March 11, 2005 (70 FR 12133) is 

finalized without changes. 

Classification 

Executive Order 12866 

This rule has been determined to be 

significant for purposes of Executive 

Order 12866. 

Executive Order 13132 

This rule does not contain policies 

with federalism implications as that 

term is defined in EO 13132. 

Regulatory Flexibility Act 

Because notice and opportunity for 

comment are not required pursuant to 5 

U.S.C. 553 or any other law, the 

analytical requirements of the 

Regulatory Flexibility Act (5 U.S.C. 601 

et seq.) are inapplicable. Therefore, a 

regulatory flexibility analysis is not 

required and has not been prepared. 

Paperwork Reduction Act 

This final rule contains collection-ofinformation requirements subject to 

review and approval by OMB under the 

Paperwork Reduction Act (PRA). These 

requirements have been approved by 

OMB (OMB No.: 0625–0245; Expiration 

Date: 06/30/2008). Public reporting for 

this collection of information is 

estimated to be less than 10 minutes per 

response, including the time for 

reviewing instructions, and completing 

and reviewing the collection of 

information. All responses to this 

collection of information are voluntary, 

and will be provided confidentially to 

the extent allowed by law. 

Notwithstanding any other provision 

of law, no person is required to respond 

to, nor shall any person be subject to a 

penalty for failure to comply with a 

collection of information subject to the 

Paperwork Reduction Act unless that 

collection displays a currently valid 

OMB Control Number. 

Dated: November 28, 2005. 

Peter Lichtenbaum, 

Acting Deputy Under Secretary for 

International Trade. 

Annex: SIMA System Product Coverage—

Basic Steel Mill Products. Harmonized Tariff 

System (HTS) Codes Listed Below 

Ingots and Steel for Castings 

7206100000, 7206900000, 7218100000, 

7224100005, 7224100075 

Blooms, Billets and Slabs 

7207110000, 7207120010, 7207120050, 

7207190030, 7207190090, 7207200025, 

7207200045, 7207200075, 7207200090, 

7218910015, 7218910030, 7218910060, 

7218990015, 7218990030, 7218990045, 

7218990060, 7218990090, 7224900005, 

7224900045, 7224900055, 7224900065, 

7224900075 

Wire Rods 

7213913000, 7213913010, 7213913011, 

7213913015, 7213913090, 7213913091, 

7213913092, 7213914500, 7213914510, 

7213914590, 7213916000, 7213916010, 

7213916090, 7213990030, 7213990031, 

7213990038, 7213990090, 7221000015, 

7221000030 

Structural Shapes Heavy 

7216310000, 7216320000, 7216330030, 

7216330060, 7216330090, 7216400010, 

7216400050, 7216500000, 7216990000, 

7216990010, 7216990090, 7222403025, 

7222403045, 7228703020, 7228703040 

Steel Piling 

7301100000 

Plates Cut Lengths 

7208403030, 7208403060, 7208510030, 

7208510045, 7208510060, 7208520000, 

7210901000, 7211130000, 7211140030, 

7211140045, 7219210005, 7219210020, 

7219210040, 7219210050, 7219210060, 

7219220005, 7219220010, 7219220015, 

7219220020, 7219220025, 7219220030, 

7219220035, 7219220040, 7219220045, 

7219220060, 7219220070, 7219220075, 

7219220080, 7219310050, 7220110000, 

7225403005, 7225403050, 7225506000, 

7226915000 

Plates in Coils 

7208101500, 7208103000, 7208253000, 

7208256000, 7208360030, 7208360060, 

7208370030, 7208370060, 7211140090, 

7219110000, 7219110030, 7219110060, 

7219120002, 7219120006, 7219120021, 

7219120026, 7219120045, 7219120051, 

7219120056, 7219120066, 7219120071, 

7219120081, 7219310010, 7225303005, 

7225303050 

Rails Standard 

7302101010, 7302101035, 7302105020 

Rails All Other 

7302101015, 7302101025, 7302101045, 

7302101055 

Railroad Accessories 

7302200000, 7302400000, 7302901000 

Bars—Hot Rolled 

7213200000, 7213200010, 7213200080, 

7213990060, 7214100000, 7214300000, 

7214300010, 7214300080, 7214910015, 

7214910060, 7214910090, 7214990015, 

7214990030, 7214990045, 7214990060, 

7214990075, 7214990090, 7215901000, 

7221000005, 7221000045, 7221000075, 

7222110005, 7222110050, 7222190005, 

7222190050, 7227200000, 7227200010, 

7227200020, 7227200090, 7227200095, 

7227906005, 7227906050, 7227906051, 

7227906053, 7227906058, 7227906059, 

7228201000, 7228308005, 7228308050, 

7228400000, 7228606000, 7228800000, 

7228703010, 7228703041, 7228703081 

Bars—Light Shapes 

7216100010, 7216100050, 7216210000, 

7216220000, 7222403065, 7222403085, 

7228703060, 7228703080 

Bars—Reinforcing 

7213100000, 7214200000 

Bars—Cold Finished 

7215100000, 7215100010, 7215100080, 

7215500015, 7215500060, 7215500090, 

7215903000, 7215905000, 7222200005, 

7222200045, 7222200075, 7222300000, 

7228205000, 7228505005, 7228505050, 

7228608000 

Tool Steel 

7224100045, 7224900015, 7224900025, 

7224900035, 7225200000, 7225301000, 

7225305030, 7225305060, 7225401015, 

7225401090, 7225405030, 7225405060, 

7225501030, 7225501060, 7226200000, 

7226910500, 7226911530, 7226911560, 

7226912530, 7226912560, 7226921030, 

7226921060, 7226923030, 7226923060, 

7227100000, 7227901030, 7227901060, 

7227902030, 7227902060, 7228100010, 

7228100030, 7228100060, 7228302000, 

7228304000, 7228306000, 7228501010, 

7228501020, 7228501040, 7228501060, 

7228501080, 7228601030, 7228601060, 

7229100000 

Standard Pipe 

7304390016, 7304390020, 7304390024, 

7304390036, 7304390048, 7304390062, 

7304390076, 7304390080, 7304598010, 

7304598015, 7304598030, 7304598045, 

7304598060, 7304598080, 7306305025, 

7306305028, 7306305032, 7306305040, 

7306305055, 7306305085, 7306305090 

Oil Country Goods 

7304213000, 7304216030, 7304216045, 

7304216060, 7304291010, 7304291020, 

7304291030, 7304291040, 7304291050, 

7304291060, 7304291080, 7304292010, 

7304292020, 7304292030, 7304292040, 

7304292050, 7304292060, 7304292080, 

7304293010, 7304293020, 7304293030, 

7304293040, 7304293050, 7304293060, 

7304293080, 7304294010, 7304294020, 

7304294030, 7304294040, 7304294050, 

7304294060, 7304294080, 7304295015, 

7304295030, 7304295045, 7304295060, 

7304295075, 7304296015, 7304296030, 

7304296045, 7304296060, 7304296075, 

7305202000, 7305204000, 7305206000, 

7305208000, 7306201030, 7306201090, 

7306202000, 7306203000, 7306204000, 

7306206010, 7306206050, 7306208010, 

7306208050 

Line Pipe 

7304101020, 7304101030, 7304101045, 

7304101060, 7304101080, 7304105020, 

7304105050, 7304105080, 7305111030, 

7305111060, 7305115000, 7305121030, 

7305121060, 7305125000, 7305191030, 

7305191060, 7305195000, 7306101010, 

7306101013, 7306101014, 7306101015, 

7306101019, 7306101050, 7306101053, 

7306101054, 7306101055, 7306101059, 

7306105010, 7306105013, 7306105014, 

7306105015, 7306105019, 7306105050, 

7306105053, 7306105054, 7306105055, 

7306105059 

72376 Federal Register / Vol. 70, No. 232 / Monday, December 5, 2005 / Rules and Regulations 

Mechanical Tubing 

7304313000, 7304316050, 7304390028, 

7304390032, 7304390040, 7304390044, 

7304390052, 7304390056, 7304390068, 

7304390072, 7304511000, 7304515060, 

7304591000, 7304596000, 7304598020, 

7304598025, 7304598035, 7304598040, 

7304598050, 7304598055, 7304598065, 

7304598070, 7304905000, 7304907000, 

7306301000, 7306305015, 7306305020, 

7306305035, 7306501000, 7306505030, 

7306505050, 7306505070, 7306605000, 

7306607060 

Pressure Tubing 

7304316010, 7304390002, 7304390004, 

7304390006, 7304390008, 7304515015, 

7304515045, 7304592030, 7304592040, 

7304592045, 7304592055, 7304592060, 

7304592070, 7304592080, 7306305010, 

7306505010 

Stainless Pipe & Tubing 

7304413005, 7304413015, 7304413045, 

7304416005,7304416015, 7304416045, 

7304490005, 7304490015, 7304490045, 

7304490060, 7306401010, 7306401015, 

7306401090, 7306405005, 7306405015, 

7306405040, 7306405042, 7306405044, 

7306405062, 7306405064, 7306405080, 

7306405085, 7306405090, 7306607030 

Pipe & Tubing Nonclassified 

7304515005, 7305901000, 7305905000, 

7306901000, 7306905000 

Structural Pipe & Tubing 

7304901000, 7304903000, 7305312000, 

7305314000, 7305316000, 7306303000, 

7306503000, 7306601000, 7306603000 

Pipe for Piling 

7305391000, 7305395000 

Wire Drawn 

7217101000, 7217102000, 7217103000, 

7217104030, 7217104090, 7217105030, 

7217105090, 7217106000, 7217107000, 

7217108010, 7217108020, 7217108025, 

7217108030, 7217108045, 7217108060, 

7217108075, 7217108090, 7217109000, 

7217201500, 7217203000, 7217204510, 

7217204520, 7217204530, 7217204540, 

7217204550, 7217204560, 7217204570, 

7217204580, 7217206000, 7217207500, 

7217301530, 7217301560, 7217303000, 

7217304504, 7217304510, 7217304511, 

7217304520, 7217304530, 7217304540, 

7217304541, 7217304550, 7217304560, 

7217304590, 7217306000, 7217307500, 

7217905030, 7217905060, 7217905090, 

7223001015, 7223001030, 7223001045, 

7223001060, 7223001075, 7223005000, 

7223009000, 7229200000, 7229200010, 

7229200015, 7229200090, 7229901000, 

7229905006, 7229905008, 7229905015, 

7229905016, 7229905030, 7229905031, 

7229905050, 7229905051, 7229909000 

Black Plate 

7209182510, 7209182520, 7209182550, 

7209182580 

Tin Plate 

7210110000, 7210120000, 7212100000 

Tin Free Steel 

7210500000 

Sheets Hot Rolled 

7208106000, 7208260030, 7208260060, 

7208270030, 7208270060, 7208380015, 

7208380030, 7208380090, 7208390015, 

7208390030, 7208390090, 7208406030, 

7208406060, 7208530000, 7208540000, 

7208900000, 7219130002, 7219130031, 

7219130051, 7219130071, 7219130081, 

7219140030, 7219140065, 7219140090, 

7219230030, 7219230060, 7219240030, 

7219240060, 7225307000, 7225407000 

Sheets Cold Rolled 

7209150000, 7209160030, 7209160060, 

7209160070, 7209160090, 7209160091, 

7209170030, 7209170060, 7209170070, 

7209170090, 7209170091, 7209181530, 

7209181560, 7209186000, 7209186020, 

7209186090, 7209250000, 7209260000, 

7209270000, 7209280000, 7209900000, 

7210703000, 7219320005, 7219320020, 

7219320025, 7219320035, 7219320036, 

7219320038, 7219320042, 7219320044, 

7219320045, 7219320060, 7219330005, 

7219330020, 7219330025, 7219330035, 

7219330036, 7219330038, 7219330042, 

7219330044, 7219330045, 7219330070, 

7219330080, 7219340005, 7219340020, 

7219340025, 7219340030, 7219340035, 

7219340050, 7219350005, 7219350015, 

7219350030, 7219350035, 7219350050, 

7219900010, 7219900020, 7219900025, 

7219900060, 7219900080, 7225507000, 

7225508010, 7225508015, 7225508085, 

7225990010, 7225990090 

Sheets & Strip Galv Hot Dipped 

7210410000, 7210490030, 7210490090, 

7210706060, 7212301030, 7212301090, 

7212303000, 7212305000, 7225920000, 

7226940000 

Sheets & Strip Galv Electrolytic 

7210300030, 7210300060, 7210706030, 

7212200000, 7225910000, 7226930000 

Sheets & Strip All Other Metallic CTD 

7210200000, 7210610000, 7210690000, 

7210706090, 7210906000, 7210909000, 

7212500000, 7212600000 

Sheets & Strip—Electrical 

7225110000, 7225190000, 7226111000, 

7226119030, 7226119060, 7226191000, 

7226199000 

Strip—Hot Rolled 

7211191500, 7211192000, 7211193000, 

7211194500, 7211196000, 7211197530, 

7211197560, 7211197590, 7220121000, 

7220125000, 7226917000, 7226918000 

Strip—Cold Rolled 

7211231500, 7211232000, 7211233000, 

7211234500, 7211236030, 7211236060, 

7211236075, 7211236085, 7211292030, 

7211292090, 7211294500, 7211296030, 

7211296080, 7211900000, 7212401000, 

7212405000, 7220201010, 7220201015, 

7220201060, 7220201080, 7220206005, 

7220206010,7220206015, 7220206060, 

7220206080, 7220207005, 7220207010, 

7220207015, 7220207060, 7220207080, 

7220208000, 7220209030, 7220209060, 

7220900010, 7220900015, 7220900060, 

7220900080, 7226925000, 7226927005, 

7226927050, 7226928005, 7226928050, 

7226990000 

[FR Doc. 05–23627 Filed 12–2–05; 8:45 am] 

BILLING CODE 3510–DS–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9230] 

RIN 1545–BF18 

Information Reporting Relating to 

Taxable Stock Transactions 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Final regulations and removal of 

temporary regulations. 

SUMMARY: This document contains final 

regulations requiring information 

reporting by a corporation if control of 

the corporation is acquired, or the 

corporation has a substantial change in 

capital structure, and the corporation or 

any shareholder is required to recognize 

gain (if any) under section 367(a) and 

the regulations. This document also 

contains final regulations concerning 

information reporting requirements for 

brokers with respect to transactions 

described in section 6043(c). 

DATES: Effective Date: These regulations 

are effective December 5, 2005. 

Applicability Dates: For dates of 

applicability, see §§ 1.6043–4(i) and 

1.6045–3(g). 

FOR FURTHER INFORMATION CONTACT: 

Michael Hara at (202) 622–4910 (not a 

toll-free number). 

SUPPLEMENTARY INFORMATION: 

Background 

Sections 6043(c) and 6045 

Section 6043(c) of the Internal 

Revenue Code (Code) provides that, 

when required by the Secretary, if any 

person acquires control of a corporation, 

or if there is a recapitalization or other 

substantial change in capital structure of 

a corporation, the corporation shall 

make a return setting forth the identity 

of the parties to the transaction, the fees 

involved, the changes in the capital 

structure involved, and such other 

information as the Secretary may 

require with respect to such transaction. 

Section 6045 of the Code provides 

that, when required by the Secretary, 

every broker shall make a return 

showing the name and address of each 

customer, with such details regarding