3666 Federal Register / Vol. 75, No. 14 / Friday, January 22, 2010 / Proposed Rules 

the public interest to continue this 

proceeding and it hereby gives notice of 

its termination. 

By direction of the Commission. 

Donald S. Clark, 

Secretary. 

[FR Doc. 2010–1041 Filed 1–21–10: 8:45 am] 

BILLING CODE 6750–01–S 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[REG–101896–09] 

RIN 1545–BI66 

Basis Reporting by Securities Brokers 

and Basis Determination for Stock; 

Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Correction to a notice of 

proposed rulemaking. 

SUMMARY: This document contains 

corrections to a notice of proposed 

rulemaking that was published in the 

Federal Register on Thursday, 

December 17, 2009, relating to reporting 

sales of securities by brokers and 

determining the basis of securities. 

FOR FURTHER INFORMATION CONTACT: 

Concerning the proposed regulations 

under section 1012, Edward C. 

Schwartz, (202) 622–4960; Concerning 

the proposed regulations under sections 

3406, 6045, 6045A, 6045B, 6721, and 

6722, Stephen Schaeffer, (202) 622– 

4910 (not toll-free numbers). 

SUPPLEMENTARY INFORMATION: 

Background 

A notice of proposed rulemaking that 

is the subject of this document is under 

sections 408, 1012, 6039, 6042, 6044, 

6045, 6045A, 6045B and 6049 of the 

Internal Revenue Code. 

Need for Correction 

As published, a notice of proposed 

rulemaking (REG–101896–09), 

published Thursday, December 17, 2009 

(74 FR 67010), contains errors that may 

prove to be misleading and are in need 

of clarification. 

Correction of Publication 

Accordingly, the publication of a 

notice of proposed rulemaking (REG– 

101896–09), which was the subject of 

FR Doc. E9–29855, is corrected as 

follows: 

1. On page 67013, column 3, in the 

preamble, under paragraph heading ‘‘a. 

Form and Manner of New Broker 

Reporting Requirements’’, last line of the 

first paragraph of the column, the 

language ‘‘pub/irs-dft/f1099k-dft.pdf.’’ is 

corrected to read ‘‘pub/irs-dft/f1099b-- 

dft.pdf.’’. 

§ 1.6045–1 [Corrected] 

2. On page 67035, column 2, 

paragraph (f)(2)(i), lines 6 thru 8, the 

language ‘‘shall show on Form 1099, 

‘‘U.S. Information Return for Calendar 

Year 1971,’’ or any successor form the 

name,’’ is corrected to read ‘‘shall show 

on Form 1099–B, ‘‘Proceeds from Broker 

and Barter Exchange Transactions,’’ or 

any successor form the name’’. 

Guy R. Traynor, 

Acting Chief, Publications and Regulations 

Branch, Legal Processing Division, Associate 

Chief Counsel (Procedure and 

Administration). 

[FR Doc. 2010–1122 Filed 1–21–10; 8:45 am] 

BILLING CODE 4830–01–P 

LIBRARY OF CONGRESS 

Copyright Royalty Board 

37 CFR Part 383 

[Docket No. 2009–2 CRB New Subscription 

II] 

Digital Performance Right in Sound 

Recordings and Ephemeral 

Recordings for a New Subscription 

Service 

AGENCY: Copyright Royalty Board, 

Library of Congress. 

ACTION: Proposed rule. 

SUMMARY: The Copyright Royalty Judges 

are publishing for comment proposed 

regulations that set the rates and terms 

for the use of sound recordings in 

transmissions made by new 

subscription services and for the making 

of ephemeral recordings necessary for 

the facilitation of such transmissions for 

the period commencing January 1, 2011, 

and ending on December 31, 2015. 

DATES: Comments and objections, if any, 

are due by no later than February 22, 

2010. 

ADDRESSES: Comments and objections 

may be sent electronically to 

crb@loc.gov. In the alternative, send an 

original, five copies and an electronic 

copy on a CD either by mail or hand 

delivery. Please do not use multiple 

means of transmission. Comments and 

objections may not be delivered by an 

overnight delivery service other than 

U.S. Postal Service Express Mail. If by 

mail (including overnight delivery), 

comments and objections must be 

addressed to: Copyright Royalty Board, 

P.O. Box 70977, Washington, DC 20024– 

0977. If hand delivered by a private 

party, comments and objections must be 

brought to the Copyright Office Public 

Information Office, Library of Congress, 

James Madison Memorial Building, 

Room LM–401, 101 Independence 

Avenue, SE., Washington, DC 20559– 

6000, between 8:30 a.m. and 5 p.m. If 

delivered by commercial courier, 

comments and objections must be 

delivered between 8:30 a.m. and 4 p.m. 

to the Congressional Courier Acceptance 

Site located at 2nd and D Street, NE., 

Washington, DC, and the envelope must 

be addressed as follows: Copyright 

Royalty Board, Library of Congress, 

James Madison Memorial Building, 

Room LM–403, 101 Independence 

Avenue, SE., Washington, DC 20559– 

6000. 

FOR FURTHER INFORMATION CONTACT: 

Richard Strasser, Senior Attorney, or 

Gina Giuffreda, Attorney Advisor, by 

telephone at (202) 707–7658 or by email at crb@loc.gov. 

SUPPLEMENTARY INFORMATION: 

Background 

Section 114(f)(2)(C) of the Copyright 

Act, title 17 of the United States Code, 

allows a new type of eligible 

nonsubscription service or a new 

subscription service on which sound 

recordings are performed that is or is 

about to become operational to file a 

petition with the Copyright Royalty 

Judges (‘‘Judges’’) for the purpose of 

determining reasonable terms and rates. 

17 U.S.C. 114(f)(2)(C). Section 112(e) 

allows the making of ephemeral 

reproductions for the purpose of 

facilitating certain digital audio 

transmissions, including those made by 

new subscription services. 17 U.S.C. 

112(e). Upon receipt of a petition filed 

pursuant to section 114(f)(2)(C), the 

Judges are required to commence a 

proceeding to determine said reasonable 

terms and rates. 17 U.S.C. 

804(b)(3)(C)(ii). The Judges have 

conducted one proceeding pursuant to 

these provisions. See 70 FR 72471, 

72472 (December 5, 2005) (after receipt 

of petition, commencing proceeding to 

determine rates and terms for a new 

type of subscription service that 

‘‘performs sound recordings on digital 

audio channels programmed by the 

licensee for transmission by a satellite 

television distribution service to its 

residential customers, where the audio 

channels are bundled with television 

channels as part of a ‘basic’ package of 

service and not for a separate fee’’). The 

parties to that proceeding ultimately 

reached an agreement on the rates and 


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