11060 Federal Register / Vol. 60, No. 40 / Wednesday, March 1, 1995 / Proposed Rules

FOR FURTHER INFORMATION CONTACT:

Christina Vasquez of the Regulations

Unit, Assistant Chief Counsel

(Corporate), (202) 622–6803 (not a tollfree number).

SUPPLEMENTARY INFORMATION: The

subject of the public hearing is proposed

regulations under section 446(e) and

481 of the Internal Revenue Code. A

notice of proposed rulemaking and

notice of public hearing appearing in

the Federal Register for Wednesday,

December 28, 1994 (59 FR 66825),

announced that a public hearing on the

proposed regulations would be held on

Friday, March 10, 1995, beginning at

10:00 a.m., in the IRS Auditorium, 7400

Corridor, Internal Revenue Building,

1111 Constitution Avenue NW.,

Washington, DC.

The public hearing scheduled for

Friday, March 10, 1995, is cancelled.

Cynthia E. Grigsby,

Chief, Regulations Unit, Assistant Chief

Counsel (Corporate).

[FR Doc. 95–5066 Filed 2–28–95; 8:45 am]

BILLING CODE 4830–01–P

26 CFR Part 1

[CO–993–71]

RIN 1545–AB21

Controlling Corporation’s Basis

Adjustment in Its Controlled

Corporation’s Stock Following a

Triangular Reorganization; Correction

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Correction to notice of proposed

rulemaking.

SUMMARY: This document contains

corrections to the notice of proposed

rulemaking [CO–993–71], which was

published in the Federal Register for

Friday, December 23, 1994 (59 FR

66280). The proposed regulations

provide rules for adjusting the basis of

a controlling corporation in the stock of

a controlled corporation as the result of

certain triangular reorganizations

involving the stock of the controlling

corporation.

FOR FURTHER INFORMATION CONTACT:

Concerning the proposed regulations,

Rose L. Williams, (202) 622–7550;

concerning submissions and the

hearing, Michael Slaughter, (202) 622–

7190 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

The proposed regulations that are the

subject of these corrections are under

sections 358, 1032, and 1502 of the

Internal Revenue Code.

Need for Correction

As published, the notice of proposed

rulemaking contains typographical

errors that are in need of correction.

Correction of Publication

Accordingly, the publication of the

notice of proposed rulemaking which is

the subject of FR Doc. 94–31287, is

corrected as follows:

1. On page 66282, column 2, in the

preamble under the paragraph heading

‘‘F. Proposed Effective Dates’’, last

paragraph in the column, lines 4 and 9,

the language ‘‘December 23, 1994, in

which P and S,’’ is corrected to read

‘‘[THE DAY THE FINAL

REGULATIONS ARE PUBLISHED IN

THE Federal Register] in which P and

S,’’.

2. On page 66285, column 2,

§ 1.1032–2, paragraph (a), line 3, the

regulation section ‘‘§ 1.358–(6)(b)’’ is

corrected to read ‘‘§ 1.358–6(b)’’.

3. On page 66285, column 2,

§ 1.1032–2, paragraph (d), paragraph (b)

of Example 1., line 5, the regulation

section ‘‘§ 1.1032–(1)(a)’’ is corrected to

read ‘‘§ 1.1032–1(a)’’.

Cynthia E. Grigsby,

Chief, Regulations Unit, Assistant Chief

Counsel (Corporate).

[FR Doc. 95–5067 Filed 2–28–95; 8:45 am]

BILLING CODE 4830–01–P

26 CFR Part 1

[FI–42–94]

RIN 1545–AS85

Mark to Market for Dealers in

Securities; Correction

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Correction to notice of proposed

rulemaking.

SUMMARY: This document contains

corrections to the notice of proposed

rulemaking [FI–42–94], which was

published in the Federal Register for

Wednesday, January 4, 1995 (60 FR

397). The proposed regulations relate to

the mark-to-market method of

accounting for securities that is required

to be used by a dealer in securities.

FOR FURTHER INFORMATION CONTACT:

Concerning § 1.475(c)–2(a)(4), Carol A.

Schwartz, (202) 622–3920; concerning

other sections of the regulations, Robert

B. Williams, (202) 622–3960, or JoLynn

Ricks, (202) 622–3920; concerning

submissions and the hearing, Michael

Slaughter, (202) 622–7190 (not toll-free

numbers).

SUPPLEMENTARY INFORMATION:

Background

The proposed regulations that are the

subject of these corrections are under

section 475 of the Internal Revenue

Code.

Need for Correction

As published, the notice of proposed

rulemaking contains typographical

errors that are in need of correction.

Correction of Publication

Accordingly, the publication of the

notice of proposed rulemaking which is

the subject of FR Doc. 95–13, is

corrected as follows:

1. On page 403, column 3, § 1.475(a)–

1, paragraph (h), paragraph (ii) of

Example., line 7, the word ‘‘taxable’’ is

corrected to read ‘‘X’’.

2. On page 405, column 2, § 1.475(c)–

2, paragraph (a)(2), line 3, the regulation

section ‘‘§ 1275–6(b)’’ is corrected to

read ‘‘§ 1.1275–6(b)’’.

3. On page 405, column 3, § 1.475(c)–

2, in the paragraph heading of paragraph

(d), line 3, the regulation section

‘‘§ 11275–6’’ is corrected to read

‘‘§ 1.1275–6’’.

Cynthia E. Grigsby,

Chief, Regulations Unit, Assistant Chief

Counsel (Corporate).

[FR Doc. 95–5068 Filed 2–28–95; 8:45 am]

BILLING CODE 4830–01–P

ENVIRONMENTAL PROTECTION

AGENCY

40 CFR Part 194

RIN 2060–AE30

[FRL–5162–9]

Criteria for the Certification and

Determination of the Waste Isolation

Pilot Plant’s Compliance With

Environmental Standards for the

Management and Disposal of Spent

Nuclear Fuel, High-Level and

Transuranic Radioactive Wastes—

Proposed Rule

AGENCY: Environmental Protection

Agency.

ACTION: Notice of public hearings on

proposed rule.

SUMMARY: As required by the Waste

Isolation Pilot Plant (WIPP) Land

Withdrawal Act of 1992 [Pub. L. 102–

579], EPA has developed proposed

criteria which will be used by the

Agency in certifying whether or not the

WIPP facility complies with 40 CFR part

191, ‘‘Environmental Standards for the

Management and Disposal of Spent
Federal Register / Vol. 60, No. 40 / Wednesday, March 1, 1995 / Proposed Rules 11061

Nuclear Fuel, High-Level and

Transuranic Radioactive Wastes.’’ These

criteria were proposed at 60 FR 5766

and were published in Part II of the

Federal Register on January 30, 1995.

The Agency intends to issue final

compliance criteria in February 1996,

approximately one year after this

proposal.

DATES: EPA will conduct public

hearings on the Proposed Compliance

Criteria Rule in Carlsbad, NM on March

21, 1995 from noon to 9:00 p.m. Public

hearings will be held in Albuquerque,

NM on March 22, from noon to 9:00

p.m. Public hearings will be held in

Santa Fe, NM on Wednesday, March 23,

from noon to 9:00 p.m. and on March

24 from 9:00 a.m. to 12:00 p.m. In all

cases, there will be a dinner break from

5:00 p.m. to 6:30 p.m.

For speakers to receive scheduled

times to testify, requests to testify must

be received on or before March 14, 1995,

in order to guarantee an opportunity to

testify. Speakers not registered on or

before March 14 may register at the door

and will be scheduled to testify if time

permits.

ADDRESSES: The Proposed Compliance

Criteria Rule public hearings will be

held March 21, 1995, at the Quality Inn

(formerly the Park Inn International),

3706 National Parks Highway, Carlsbad,

NM; March 22 at the Albuquerque

Convention Center, 401 Second Street

NW., Albuquerque, NM; and March 23

and 24 at the High Mesa Inn, 3347

Cerillos Road, Santa Fe, NM.

To register to testify telephone Kelly

Rose or Ed Lyons of AST, Inc. at (301)

670–8344 or fax your request directly to

AST at (301) 670–4099 to their

attention. When registering by phone or

fax, please provide the following

information: Name, Address,

Organizational Affiliation (only if

testifying as spokesperson or official

representative for the company), desired

date, hearing location, times available to

testify, and a daytime telephone

number. Registrations must be made by

March 14, 1995, in order to be

guaranteed an opportunity to testify.

Testifiers not registered on or before

March 14 may register at the door and

will be scheduled if time permits.

Individual speakers will be allocated

5 minutes and individuals testifying as

the official representative or

spokesperson on behalf of groups and

organizations will be allocated 10

minutes for an oral presentation

exclusive of any time consumed by

questions from the government panel

and answers to these questions.

Information on EPA’s proposed

compliance criteria rule (40 CFR Part

194) is listed under Docket No. A–92–

56 and is available for review at the

following three EPA WIPP docket

locations in New Mexico: in Carlsbad at

the Municipal Library, Hours: Mon-Thu,

10–9, Fri-Sat, 10–6, and Sun 1–5; in

Albuquerque at the Government

Publications Department, Zimmerman

Library, University of New Mexico,

Hours: Mon-Thu, 8–9, Fri, 8–5, Sat-Sun,

1–5; and in Santa Fe at the Fogelson

Library, College of Santa Fe, Hours:

Mon-Thu, 8–12 Midnight, Fri, 8–5, Sat,

9–5, and Sun, 1–9. For purposes of

judicial review, EPA’s official docket for

the compliance criteria rulemaking,

Docket No. A–92–56, is located in

Washington, DC in the Air Docket,

Room M1500, Mailcode 6102, U.S. EPA,

401 M Street SW., Washington, DC

20460.

EPA also established separate official

dockets for other rulemaking activities

under the Waste Isolation Pilot Plant

Land Withdrawal Act at the

Washington, DC (WDC) location. The

following is a list of EPA’s radioactive

waste dockets: Radioactive Waste (40

CFR Part 191)—Docket No. R–89–01;

Compliance Criteria (40 CFR Part 194)—

Docket No. A–92–56; Test and Retrieval

Plans Review—Docket No. A–92–57;

Compliance Determination—Docket No.

A–93–02. [Note: The dockets in New

Mexico only contain major items from

the official docket (WDC) plus all those

documents added to the official docket

since October 1992 when the WIPP

Land Withdrawal Act was enacted.]

As provided in 40 CFR part 2, a

reasonable fee may be charged for

photocopying docket materials.

FOR FURTHER INFORMATION CONTACT:

Rafaela Ferguson, Office of Radiation

and Indoor Air, (202) 233–9362 or call

EPA’s 24-hour toll-free WIPP

Information Line, 1–800–331–WIPP.

SUPPLEMENTARY INFORMATION: The U.S.

Department of Energy is developing the

Waste Isolation Pilot Plant (WIPP) near

Carlsbad in southeastern New Mexico as

a deep geologic repository for disposal

of transuranic (TRU) radioactive waste.

TRU wastes are materials containing

elements having atomic numbers greater

than 92 in concentrations greater than

100 nanocuries of alpha-emitting TRU

isotopes, with half-lives greater than

twenty years, per gram of waste. Most

TRU wastes are items that have become

associated with the production of

nuclear weapons; e.g., rags, equipment,

tools, and contaminated organic and

inorganic sludges.

On October 30, 1992, the Waste

Isolation Pilot Plant Land Withdrawal

Act (Pub. L. 102–579) was enacted.

Among other things, the law specifies

the terms and conditions for the DOE’s

activities at the WIPP and the regulatory

requirements which apply throughout

various stages of the repository’s

development including the requirement

that before beginning disposal of

radioactive wastes at the WIPP, DOE

must demonstrate that the WIPP will

comply with the Environmental

Protection Agency’s (EPA) radioactive

wastes disposal standards, e.g.,

‘‘Environmental Standards for the

Management and Disposal of Spent

Nuclear Fuel, High-Level and

Transuranic Radioactive Wastes’’ (40

CFR part 191).

Under the Act, EPA is required to

develop criteria for the Administrator’s

certification of compliance with the 40

CFR part 191 disposal standards. On

February 11, 1993, EPA published an

Advance Notice of Proposed

Rulemaking, 58 FR 8029, in the Federal

Register requesting information and

comments pertinent to the development

of the compliance criteria.

On January 11, 1995, EPA

Administrator Carol Browner signed the

proposed compliance criteria rule. The

90-day public comment period began on

January 30, the date the proposed

compliance criteria rule notice appeared

at 60 FR 5766 in Part II of the Federal

Register, and ends on May 1, 1995. EPA

intends to issue final compliance

criteria one year after prosposal in the

Federal Register. The WIPP Land

Withdrawal Act requires the DOE to

demonstrate compliance with EPA’s

disposal standards and to submit an

application for certification of WIPP’s

compliance to the EPA Administrator.

In submitting such an application, the

DOE must meet the requirements of the

EPA compliance criteria because EPA

will use these criteria in certifying

whether or not the WIPP complies with

the disposal standards.

Dated: February 23, 1995.

Mary D. Nichols,

Assistant Administrator for Air and

Radiation.

[FR Doc. 95–5026 Filed 2–28–95; 8:45 am]

BILLING CODE 6560–50–P