Federal Register / Vol. 60, No. 61 / Thursday, March 30, 1995 / Rules and Regulations 16377

the monograph standards for sterile

bleomycin sulfate bulk drug, set forth in

21 CFR 450.10a, in two respects: The

new regulation did not require sterility

at the bulk stage, and the new regulation

did not require testing for pyrogens at

the bulk stage.

Bristol-Myers Squibb Co., the sponsor

of the innovator product, filed a petition

for stay pursuant to 21 CFR 10.35,

objecting to FDA’s decision to

promulgate the new regulation without

notice and a prior opportunity for

public comment. On November 9, 1994,

FDA agreed to stay the effective date of

the monograph for nonsterile bleomycin

sulfate bulk drug substance to

reconsider the manner in which the

agency promulgated the new

monograph. A copy of FDA’s letter

notifying Bristol-Myers Squibb Co. of

the stay is on file in the Dockets

Management Branch (HFA–305), Food

and Drug Administration, rm. 1–23,

12420 Parklawn Dr., Rockville, MD

20857. In the Federal Register of March

1, 1995 (60 FR 11026), FDA published

a stay of the monograph for nonsterile

bleomycin sulfate bulk drug substance.

Because of the issues that may arise

based on the coexistence of alternative

standards for nonsterile bleomycin

sulfate bulk drug and sterile bleomycin

sulfate bulk drug, and because several

manufacturers have demonstrated an

interest in manufacturing bulk

bleomycin sulfate and finished dosage

forms for the drug, FDA finds that it is

appropriate to provide an opportunity

for public comment on the standards.

Therefore, FDA is withdrawing the

regulation for nonsterile bleomycin

sulfate bulk drug substance, and will

propose a new regulation setting forth

standards for nonsterile bleomycin

sulfate bulk drug substance in a future

issue of the Federal Register.

Therefore, under the Federal Food,

Drug, and Cosmetic Act and under

authority delegated to the Commissioner

of Food and Drugs, 21 CFR part 450 is

amended as follows:

List of Subjects in 21 CFR Part 450

Antibiotics.

PART 450—ANTITUMOR ANTIBIOTIC

DRUGS

1. The authority citation for 21 CFR

part 450 continues to read as follows:

Authority: Sec. 507 of the Federal Food,

Drug, and Cosmetic Act (21 U.S.C. 357).

§ 450.10 [Removed]

2. Section 450.10 Bleomycin sulfate is

removed.

Dated: March 18, 1995.

Murray M. Lumpkin,

Deputy Director, Center for Drug Evaluation

and Research.

[FR Doc. 95–7802 Filed 3–29–95; 8:45 am]

BILLING CODE 4160–01–F

DEPARTMENT OF HOUSING AND

URBAN DEVELOPMENT

Office of the Secretary

24 CFR Subtitle A, Appendices A and

B, and Parts 91, 248, 570, 572, 582, 583,

882, 889 and 890

[Docket No. R–94–1731; FR–3611–F–08]

RIN 2501–AB72

Consolidated Plan for Community

Planning and Development Programs:

Conforming Changes to Program

Regulations

AGENCY: Office of the Secretary, HUD.

ACTION: Final rule; technical

amendment.

SUMMARY: This rule amends the

Department’s existing regulations for

programs that refer to the

Comprehensive Housing Affordability

Strategy (CHAS) to replace references to

the CHAS with references to the

document that has replaced it—the

Consolidated Plan. A final rule was

published on January 5, 1995, that

revised 24 CFR part 91 to replace the

CHAS with the consolidated plan as the

document that embodies a jurisdiction’s

determination of housing needs and

planned use of HUD funds to meet those

needs.

EFFECTIVE DATE: February 6, 1995.

FOR FURTHER INFORMATION CONTACT:

Joseph F. Smith, Director, Policy

Coordination, Office of Community

Planning and Development, 451

Seventh Street SW., Washington, DC

20410–7000, telephone (202) 708–1283

(voice) or (202) 708–2565 (TDD). (These

are not toll-free telephone numbers.)

Copies of this rule will be made

available on tape or large print for those

with impaired vision that request them.

They may be obtained at the above

address.

SUPPLEMENTARY INFORMATION:

I. Background

A final rule providing for a

consolidated plan and a single

performance report for all HUD

community planning and development

formula grant programs was published

on January 5, 1995, effective February 6,

1995, which affects determinations of

consistency of applications for funding

for other programs, as described in 24

CFR 91.2(b). The programs affected, for

which conforming changes are

necessary to published program

requirements, are HOPE for Public and

Indian Housing Homeownership

Program (‘‘HOPE 1’’) (program

guidelines codified as Appendix A to

Subtitle A of 24 CFR), HOPE for

Homeownership of Multifamily Units

Program (‘‘HOPE 2’’) (program

guidelines codified as Appendix B to

Subtitle A of 24 CFR), Lead-Based Paint

Hazard Reduction Program (Part 35),

Prepayment of Low Income Housing

Mortgages (Part 248), HOPE for

Homeownership of Single Family

Homes Program (Part 572), Shelter Plus

Care Program (Part 582), Supportive

Housing Program (Part 583), Section 8

Moderate Rehabilitation Single Room

Occupancy Program for Homeless

Individuals (Part 882, Subpart H),

Supportive Housing for the Elderly

Program (Part 889), and Supportive

Housing for Persons With Disabilities

Program (Part 890). The regulations (or

guidelines, in the case of HOPE 1 and

HOPE 2) for all of these programs are

amended by this rule, except for the

Lead-Based Paint Hazard Reduction

Program, for which a separate

rulemaking is underway.

In addition, the Community

Development Block Grant (CDBG)

program regulations are being amended

in this rule to make the provision in the

CDBG rule concerning the deadline for

submitting the consolidated plan

consistent with the provision in the

consolidated plan rule. (Section 91.15

provides that a consolidated plan must

be submitted no later than August 16 of

the federal fiscal year for which funding

is sought, whereas § 570.304(c)(1) states

that the first working day of September

is the deadline.)

Another technical correction being

made in this rule is to remove from 24

CFR part 91 a provision that conflicts

with a State CDBG program provision.

(Section 570.483(d) prescribes the

manner in which States meet the

requirements for funding an activity

under the ‘‘urgent need’’ national

objective. Section 91.320(g)(1)(i) of the

consolidated plan rule prescribes

another method.) The Department

wishes to preserve the method specified

in the CDBG State program regulation,

so this rule removes the provision from

the consolidated plan rule.

II. Justification for Final Rule

In general, the Department publishes

a rule for public comment before issuing

a rule for effect, in accordance with its

own regulations on rulemaking, 24 CFR
16378 Federal Register / Vol. 60, No. 61 / Thursday, March 30, 1995 / Rules and Regulations

part 10. However, part 10 does provide

for exceptions from that general rule

where the agency finds good cause to

omit advance notice and public

participation. The good cause

requirement is satisfied when prior

public procedure is ‘‘impracticable,

unnecessary, or contrary to the public

interest.’’ (24 CFR 10.1) The Department

finds that good cause exists to publish

this rule for effect without first

soliciting public comment, in that prior

public procedure is unnecessary. This

rule is technical in nature, making

amendments to program regulations to

conform their terminology to the status

of the current consolidated plan

regulations at 24 CFR part 91. No

purpose would be served by requesting

comments on this technical change. In

fact, this rule is effective retroactive to

the effective date of the final

consolidated plan rule, so that the

references to the CHAS, which is

superseded by the Consolidated Plan,

can instead refer to the then operative

document.

Findings and Certifications

Impact on the Environment

A Finding of No Significant Impact

with respect to the environment was

made in accordance with HUD

regulations at 24 CFR part 50 that

implement section 102(2)(C) of the

National Environmental Policy Act of

1969, 42 U.S.C. 4332, in connection

with the Consolidated Plan final rule.

That Finding of No Significant Impact,

applicable to this technical conforming

rule, is available for public inspection

and copying during regular business

hours (7:30 a.m. to 5:30 p.m.) in the

Office of the Rules Docket Clerk, room

10276, 451 Seventh Street SW.,

Washington, DC 20410–0500.

Federalism Impact

The General Counsel, as the

Designated Official under section 6(a) of

Executive Order 12612, Federalism, has

determined that the policies contained

in this rule do not have significant

impact on States or their political

subdivisions since the requirements of

the rule are limited to technical

amendments necessary to carry out

accurately the provisions of programs

whose regulations were not amended in

the original Consolidated Plan rule.

Impact on the Family

The General Counsel, as the

Designated Official under Executive

Order 12606, The Family, has

determined that this rule does not have

potential for significant impact on

family formation, maintenance, and

general well-being, and, thus is not

subject to review under the Order since

it is only a technical, conforming rule.

Impact on Small Entities

The Secretary, in accordance with the

Regulatory Flexibility Act (5 U.S.C.

605(b)), has reviewed this rule before

publication and by approving it certifies

that this rule will not have a significant

impact on a substantial number of small

entities, because it imposes no new

burdens on jurisdictions.

Regulatory Agenda

This rule was not listed in the

Department’s Semiannual Regulatory

Agenda published on November 14,

1994 (59 FR 57632, 57641), under

Executive Order 12866 and the

Regulatory Flexibility Act.

List of Subjects

24 CFR Part 91

Aged, Grant programs—housing and

community development, Homeless,

Individuals with disabilities, Low and

moderate income housing, Reporting

and recordkeeping requirements.

24 CFR Part 248

Intergovernmental relations, Loan

programs—housing and community

development, Low and moderate

income housing, Mortgage insurance,

Reporting and recordkeeping

requirements.

24 CFR Part 570

Administrative practice and

procedure, Grant programs—housing

and community development, American

Samoa, Northern Mariana Islands,

Pacific Islands Trust Territory, Puerto

Rico, Virgin Islands.

24 CFR Part 572

Condominiums, Cooperatives,

Government property, Grant programs—

housing and community development,

Low and moderate income housing,

Nonprofit organizations, Reporting and

recordkeeping requirements.

24 CFR Part 582

Homeless, Rent subsidies, Reporting

and recordkeeping requirements,

Supportive housing programs—housing

and community development,

Supportive services.

24 CFR Part 583

Homeless, Rent subsidies, Reporting

and recordkeeping requirements,

Supportive housing programs—housing

and community development,

Supportive services.

24 CFR Part 889

Aged, Capital advance programs,

Grant programs—housing and

community development, Loan

programs—housing and community

development, Low and moderate

income housing, Rent subsidies,

Reporting and recordkeeping

requirements.

24 CFR Part 890

Civil rights, Grant programs—housing

and community development,

Individuals with disabilities, Loan

programs—housing and community

development, Low and moderate

income housing, Mental health

programs, Reporting and recordkeeping

requirements.

Accordingly, Appendices A and B to

Subtitle A of title 24 Code of Federal

Regulations and parts 91, 248, 570, 572,

582, 583, 882, 889, and 890 of title 24

of the Code of Federal Regulations are

amended as follows:

Appendix A to Subtitle A of 24 CFR

[Amended]

1. Appendix A is amended in the

following way:

a. In Section II., Definitions, the

definition of the term ‘‘CHAS’’ is

removed and a definition of the term

‘‘Consolidated Plan’’ is added in its

place, to read as follows:

Consolidated plan. The document

that is submitted to HUD that serves as

the planning document (comprehensive

housing affordability strategy and

community development plan) of the

jurisdiction and an application for

funding under Community Planning

and Development formula grant

programs, which is prepared in

accordance with the process prescribed

in 24 CFR part 91.

b. In Section III, under the heading of

Section 310. Applications for planning

grants., in paragraph (b)(4), the term

‘‘CHAS’’ is removed wherever it

appears, and the term ‘‘Consolidated

Plan’’ is added in each of those places.

c. In Section IV, under the heading of

Section 415. Applications for

implementation grants., in paragraph

(b)(17), the term ‘‘CHAS’’ is removed

wherever it appears, and the term

‘‘Consolidated Plan’’ is added in each of

those places.

Appendix B to Subtitle A of 24 CFR

[Amended]

2. Appendix B is amended in the

following way:

a. In Section II., Definitions, the

definition of the term ‘‘CHAS’’ is

removed and a definition of the term

‘‘Consolidated Plan’’ is added in its

place, to read as follows:
Federal Register / Vol. 60, No. 61 / Thursday, March 30, 1995 / Rules and Regulations 16379

Consolidated plan. The document

that is submitted to HUD that serves as

the planning document (comprehensive

housing affordability strategy and

community development plan) of the

jurisdiction and an application for

funding under Community Planning

and Development formula grant

programs, which is prepared in

accordance with the process prescribed

in 24 CFR part 91.

b. In Section III, under the heading of

Section 310. Applications for planning

grants., in paragraph (b)(4), the term

‘‘CHAS’’ is removed wherever it

appears, and the term ‘‘Consolidated

Plan’’ is added in each of those places.

c. In Section IV, under the heading of

Section 415. Applications for

implementation grants., in paragraph

(b)(17), the term ‘‘CHAS’’ is removed

wherever it appears, and the term

‘‘Consolidated Plan’’ is added in each of

those places.

PART 91—CONSOLIDATED

SUBMISSIONS FOR COMMUNITY

PLANNING AND DEVELOPMENT

PROGRAMS

3. The authority citation for part 91

continues to read as follows:

Authority: 42 U.S.C. 3535(d), 3601–3619,

5301–5315, 11331–11388, 12701–12711,

12741–12756, and 12901–12912.

§ 91.2 [Amended]

4. Section 91.2 is amended by

removing from paragraph (b)(10) the

phrase, ‘‘subpart E’’, and adding in its

place the phrase, ‘‘subpart F’’.

§ 91.320 [Amended]

5. Section 91.320 is amended by

removing paragraph (g)(1)(i) and by

removing the paragraph designation

(g)(1)(ii).

PART 248—PREPAYMENT OF LOW

INCOME HOUSING MORTGAGES

6. The authority citation for part 248

continues to read as follows:

Authority: 12 U.S.C. 1715l note, 4101 note,

and 4101–4124; 42 U.S.C. 3535(d).

7. In § 248.177, paragraph (b)(6) is

revised to read as follows:

§ 248.177 Delegated responsibility to State

agencies.

* * * * *

(b) * * *

(6) A certification by the public

official responsible for submitting the

consolidated plan under 24 CFR part 91

that the proposed activities are

consistent with the approved

consolidated plan of the State within

which the eligible low income housing

is located; and

* * * * *

PART 570—COMMUNITY

DEVELOPMENT BLOCK GRANTS

8. The authority citation for part 570

continues to read as follows:

Authority: 42 U.S.C. 3535(d) and 5300–

5320.

9. In § 570.304, paragraph (c)(1) is

revised to read as follows:

§ 570.304 Making of grants.

* * * * *

(c) * * *

(1) Either the consolidated plan is not

received by August 16 of the federal

fiscal year for which funds are

appropriated or the consolidated plan is

not approved under 24 CFR part 91,

subpart F—in which case, the grantee

will forfeit the entire entitlement

amount; or

* * * * *

§ 570.509 [Amended]

10. Section 570.509 is amended by

removing from paragraph (d) the word

‘‘CHAS’’ wherever it appears and

adding in its place the words

‘‘consolidated plan’’.

PART 572—HOPE FOR

HOMEOWNERSHIP OF SINGLE

FAMILY HOMES PROGRAM (HOPE 3)

11. The authority citation for part 572

continues to read as follows:

Authority: 42 U.S.C. 3535(d) and 12891.

12. Section 572.400 is revised to read

as follows:

§ 572.400 Consolidated plan.

(a) Applicants that are States or units

of general local government. The

applicant must have a HUD-approved

complete or abbreviated consolidated

plan, in accordance with 24 CFR part

91, and must submit a certification that

the application for funding is consistent

with the HUD-approved consolidated

plan. Funded applicants must certify in

a grant agreement that they are

following the HUD-approved

consolidated plan.

(b) Applicants that are not States or

units of general local government. The

applicant must submit a certification by

the jurisdiction in which the proposed

project will be located that the

applicant’s application for funding is

consistent with the jurisdiction’s HUDapproved consolidated plan. The

certification must be made by the unit

of general local government or the State,

in accordance with the consistency

certification provisions of the

consolidated plan regulations, 24 CFR

part 91, subpart F.

(c) Indian tribes and the Insular Areas

of Guam, the U.S. Virgin Islands,

American Samoa, and the Northern

Mariana Islands. These entities are not

required to have a consolidated plan or

to make consolidated plan certifications.

An application by an Indian tribe or

other applicant for a project that will be

located on a reservation of an Indian

tribe will not require a certification by

the tribe or the State. However, where

an Indian tribe is the applicant for a

project that will not be located on a

reservation, the requirement for a

certification under paragraph (b) of this

section will apply.

(d) Timing of consolidated plan

certification submissions. Unless

otherwise set forth in the NOFA, the

required certification that the

application for funding is consistent

with the HUD-approved consolidated

plan must be submitted by the funding

application submission deadline

announced in the NOFA.

PART 582—SHELTER PLUS CARE

13. The authority citation for part 582

is revised to read as follows:

Authority: 42 U.S.C. 11403 note and

3535(d).

14. Section 582.120 is revised to read

as follows:

§ 582.120 Consolidated plan.

(a) Applicants that are States or units

of general local government. The

applicant must have a HUD-approved

complete or abbreviated consolidated

plan, in accordance with 24 CFR part

91, and must submit a certification that

the application for funding is consistent

with the HUD-approved consolidated

plan. Funded applicants must certify in

a grant agreement that they are

following the HUD-approved

consolidated plan. If the applicant is a

State, and the project will be located in

a unit of general local government that

is required to have, or has, a complete

consolidated plan, or that is applying

for Shelter Plus Care assistance under

the same Notice of Fund Availability

(NOFA) and will have an abbreviated

consolidated plan with respect to that

application, the State also must submit

a certification by the unit of general

local government that the State’s

application is consistent with the unit of

general local government’s HUDapproved consolidated plan.

(b) Applicants that are not States or

units of general local government. The

applicant must submit a certification by

the jurisdiction in which the proposed

project will be located that the
16380 Federal Register / Vol. 60, No. 61 / Thursday, March 30, 1995 / Rules and Regulations

jurisdiction is following its HUDapproved consolidated plan and the

applicant’s application for funding is

consistent with the jurisdiction’s HUDapproved consolidated plan. The

certification must be made by the unit

of general local government or the State,

in accordance with the consistency

certification provisions of the

consolidated plan regulations, 24 CFR

part 91, subpart F.

(c) Indian tribes and the Insular Areas

of Guam, the U.S. Virgin Islands,

American Samoa, and the Northern

Mariana Islands. These entities are not

required to have a consolidated plan or

to make consolidated plan certifications.

An application by an Indian tribe or

other applicant for a project that will be

located on a reservation of an Indian

tribe will not require a certification by

the tribe or the State. However, where

an Indian tribe is the applicant for a

project that will not be located on a

reservation, the requirement for a

certification under paragraph (b) of this

section will apply.

(d) Timing of consolidated plan

certification submissions. Unless

otherwise set forth in the NOFA, the

required certification that the

application for funding is consistent

with the HUD-approved consolidated

plan must be submitted by the funding

application submission deadline

announced in the NOFA.

PART 583—SUPPORTIVE HOUSING

PROGRAM

15. The authority citation for part 583

is revised to read as follows:

Authority: 42 U.S.C. 11389 and 3535(d).

16. Section 583.155 is revised to read

as follows:

§ 583.155 Consolidated plan.

(a) Applicants that are States or units

of general local government. The

applicant must have a HUD-approved

complete or abbreviated consolidated

plan, in accordance with 24 CFR part

91, and must submit a certification that

the application for funding is consistent

with the HUD-approved consolidated

plan. Funded applicants must certify in

a grant agreement that they are

following the HUD-approved

consolidated plan.

(b) Applicants that are not States or

units of general local government. The

applicant must submit a certification by

the jurisdiction in which the proposed

project will be located that the

applicant’s application for funding is

consistent with the jurisdiction’s HUDapproved consolidated plan. The

certification must be made by the unit

of general local government or the State,

in accordance with the consistency

certification provisions of the

consolidated plan regulations, 24 CFR

part 91, subpart F.

(c) Indian tribes and the Insular Areas

of Guam, the U.S. Virgin Islands,

American Samoa, and the Northern

Mariana Islands. These entities are not

required to have a consolidated plan or

to make consolidated plan certifications.

An application by an Indian tribe or

other applicant for a project that will be

located on a reservation of an Indian

tribe will not require a certification by

the tribe or the State. However, where

an Indian tribe is the applicant for a

project that will not be located on a

reservation, the requirement for a

certification under paragraph (b) of this

section will apply.

(d) Timing of consolidated plan

certification submissions. Unless

otherwise set forth in the NOFA, the

required certification that the

application for funding is consistent

with the HUD-approved consolidated

plan must be submitted by the funding

application submission deadline

announced in the NOFA.

PART 882—SECTION 8 HOUSING

ASSISTANCE PAYMENTS PROGRAM

FOR EXISTING HOUSING

17. The authority citation for part 882

continues to read as follows:

AUTHORITY: 12 U.S.C. 1701q, 42

U.S.C. 3535(d).

18. In § 882.805, paragraph (b)(2) is

revised to read as follows:

§ 882.805 PHA application process, HUD

review and selection, ACC execution, and

pre-rehabilitation activities.

* * * * *

(b) * * *

(2) Consolidated plan. (i) Certification

of consistency. Except as provided in

paragraph (b)(2)(ii) of this section, the

applicant must submit a certification by

the jurisdiction in which the proposed

project will be located that the

jurisdiction is following, and the

applicant’s application for funding is

consistent with, the jurisdiction’s HUDapproved consolidated plan. The

certification must be made by the unit

of general local government or the State,

in accordance with the consolidated

regulations at 24 CFR part 91, subpart F,

and as may be further described in the

NOFA.

(ii) Exception. The consolidated plan

certification is not required where the

proposed project will be located on a

reservation of an Indian tribe or the

Insular Area of Guam, the U.S. Virgin

Islands, American Samoa, or the

Northern Mariana Islands.

(iii) Timing of consolidated plan

certification submission. Unless

otherwise set forth in the NOFA, the

required certification must be submitted

by the funding application submission

deadline announced in the NOFA. All

certifications must be signed by the

public official responsible for

submitting the consolidated plan to

HUD, and they must meet the

consistency certification requirements

of the consolidated plan regulations, 24

CFR part 91, subpart F.

* * * * *

PART 889—SUPPORTIVE HOUSING

FOR THE ELDERLY

19. The authority citation for part 889

continues to read as follows:

Authority: 42 U.S.C. 3535(d), 8013.

20. In § 889.270, paragraph (b)(3) is

revised to read as follows:

§ 889.270 Application contents.

* * * * *

(b) * * *

(3) The Sponsor must submit a

certification by the jurisdiction in which

the proposed project will be located that

the Sponsor’s application is consistent

with the jurisdiction’s HUD-approved

consolidated plan. The certification

must be made by the unit of general

local government or the State, in

accordance with the consistency

certification requirements of 24 CFR

part 91, subpart F, and as may be further

described in the NOFA. This

certification is not required where the

proposed project will be located in the

Insular Area of Guam, the U.S. Virgin

Islands, American Samoa or the

Northern Mariana Islands. Unless

otherwise set forth in the NOFA, the

required certification must be submitted

by the application submission deadline

announced in the NOFA. All

certifications must be signed by the

public official responsible for

submitting the consolidated plan to

HUD, and they must meet the

consistency certification requirements

of the consolidated plan regulations, 24

CFR part 91, subpart F.

* * * * *

PART 890—SUPPORTIVE HOUSING

FOR PERSONS WITH DISABILITIES

21. The authority citation for part 890

continues to read as follows:

Authority: 42 U.S.C. 3535(d) and 8013.

22. In § 890.265, paragraph (b)(3) is

revised to read as follows:

§ 890.265 Application contents.

* * * * *

(b) * * *
Federal Register / Vol. 60, No. 61 / Thursday, March 30, 1995 / Rules and Regulations 16381

(3) The Sponsor must submit a

certification by the jurisdiction in which

the proposed project will be located that

the Sponsor’s application is consistent

with the jurisdiction’s HUD-approved

consolidated plan. The certification

must be made by the unit of general

local government or the State, in

accordance with the consistency

certification requirements of 24 CFR

part 91, subpart F, and as may be further

described in the NOFA. This

certification is not required where the

proposed project will be located in the

Insular Area of Guam, the U.S. Virgin

Islands, American Samoa or the

Northern Mariana Islands. Unless

otherwise set forth in the NOFA, the

required certification must be submitted

by the application submission deadline

announced in the NOFA. All

certifications must be signed by the

public official responsible for

submitting the consolidated plan to

HUD, and they must meet the

consistency certification requirements

of the consolidated plan regulations, 24

CFR part 91, subpart F.

* * * * *

Dated: March 21, 1995.

Henry G. Cisneros,

Secretary.

[FR Doc. 95–7730 Filed 3–29–95; 8:45 am]

BILLING CODE 4210–32–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[T.D. 8115]

Income Taxes; Unisex Annuity Tables;

Correction

AGENCY: Internal Revenue Service,

Treasury.

ACTION: Correcting amendment.

SUMMARY: This document contains a

correction to the final regulations (T.D.

8115), which were published Friday,

December 19, 1986 (51 FR 45690),

relating to the annuity tables used to

compute the portion of the amount

received as an annuity that is includible

in gross income.

EFFECTIVE DATE: March 30, 1995.

FOR FURTHER INFORMATION CONTACT:

Brant Goldwyn (202) 622–6040, (not a

toll-free call).

SUPPLEMENTARY INFORMATION:

Background

The final regulations that are the

subject of this correction adopt the

mortality assumptions used to develop

the proposed annuity tables. Thus, the

revised tables are based, as are Tables I

through IV of § 1.72–9, on individual

annuitant mortality.

Need for Correction

As published, T.D. 8115 contains an

error which may prove to be misleading

and is in need of clarification.

List of Subjects in 26 CFR Part 1

Income taxes, Reporting and

recordkeeping requirements.

Accordingly, 26 CFR part 1 is

corrected by making the following

correcting amendment:

PART 1—INCOME TAXES

Paragraph 1. The authority citation

for part 1 continues to read in part as

follows:

Authority: 26 U.S.C. 7805 * * *

Par. 2. In § 1.72–9, Table VII, years 21

through 30, is amended by revising the

entry for age 39 to read as follows:

§ 1.72–9 Tables.

* * * * *

TABLE VII—PERCENT VALUE OF REFUND FEATURE; DURATION OF GUARANTEED AMOUNT

Age

Years——

21 22 23 24 25 26 27 28 29 30

* * * * * * *

39 ..................................................... 2 2 2 2 3 3 3 3 4 4

* * * * * * *

* * * * *

Cynthia E. Grigsby,

Chief, Regulations Unit Assistant Chief

Counsel (Corporate).

[FR Doc. 95–7849 Filed 3–29–95; 8:45 am]

BILLING CODE 4830–01–P

26 CFR Part 1

[TD 8552]

RIN 1545–AL80

Intercompany Transfer Pricing

Regulations Under Section 482;

Correction

AGENCY: Internal Revenue Service,

Treasury.

ACTION: Correction to final regulations.

SUMMARY: This document contains

corrections to final regulations (TD

8552), which were published in the

Federal Register for Friday, July 8,

1994, (59 FR 34971) relating to

intercompany transfer pricing.

EFFECTIVE DATE: July 8, 1994.

FOR FURTHER INFORMATION CONTACT: Sim

Seo at (202) 622–3840, (not a toll-free

call).

SUPPLEMENTARY INFORMATION:

Background

The final regulations that are the

subject of these corrections contains

changes made to section 482 of the

Internal Revenue Code.

Need for Correction

As published, the final regulations

contain errors which may prove to be

misleading and are in need of

clarification.

Correction of Publication

Accordingly, the publication of the

final regulations (TD 8552), which are

the subject of FR Doc. 94–16456, is

corrected as follows:

§ 1.482–2 [Corrected]

1. On page 35002, column 2, § 1.482–

2 (a)(1)(ii)(A), introductory text, line 2,

the language ‘‘indebtedness. Paragraph

(e) of this’’ is corrected to read

‘‘indebtedness. Paragraph (a) of this’’.

2. On page 35002, column 2, § 1.482–

2 (a)(1)(ii)(B), line 2, the language

‘‘paragraph (e) does not apply to so

much’’ is corrected to read ‘‘paragraph

(a) does not apply to so much’’.

3. On page 35005, columns 2 and 3,

the undesignated paragraph following

§ 1.482–2(a)(3)(iv) is removed and

§ 1.482–2 (a)(3)(iv) is corrected to read

as follows: