40342 Federal Register / Vol. 82, No. 163 / Thursday, August 24, 2017 / Unified Agenda 

DEPARTMENT OF THE TREASURY 

31 CFR Subtitles A and B 

Semiannual Agenda 

AGENCY: Department of the Treasury. 

ACTION: Semiannual regulatory agenda. 

SUMMARY: This notice is given pursuant 

to the requirements of the Regulatory 

Flexibility Act and Executive Order 

12866 (‘‘Regulatory Planning and 

Review’’), which require the publication 

by the Department of a semiannual 

agenda of regulations. 

FOR FURTHER INFORMATION CONTACT: The 

Agency contact identified in the item 

relating to that regulation. 

SUPPLEMENTARY INFORMATION: The 

semiannual regulatory agenda includes 

regulations that the Department has 

issued or expects to issue and rules 

currently in effect that are under 

departmental or bureau review. 

Beginning with the fall 2007 edition, 

the Internet has been the primary 

medium for disseminating the Unified 

Agenda. The complete Unified Agenda 

will be available online at 

www.reginfo.gov and 

www.regulations.gov, in a format that 

offers users an enhanced ability to 

obtain information from the Agenda 

database. Because publication in the 

Federal Register is mandated for the 

regulatory flexibility agenda required by 

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

602), Treasury’s printed agenda entries 

include only: 

(1) Rules that are in the regulatory 

flexibility agenda, in accordance with 

the Regulatory Flexibility Act, because 

they are likely to have a significant 

economic impact on a substantial 

number of small entities; and 

(2) Rules that have been identified for 

periodic review under section 610 of the 

Regulatory Flexibility Act. 

Printing of these entries is limited to 

fields that contain information required 

by the Regulatory Flexibility Act’s 

Agenda requirements. Additional 

information on these entries is available 

in the Unified Agenda available on the 

Internet. 

The semiannual agenda of the 

Department of the Treasury conforms to 

the Unified Agenda format developed 

by the Regulatory Information Service 

Center (RISC). 

Brian J. Sonfield, 

Deputy Assistant General Counsel for General 

Law and Regulation. 

INTERNAL REVENUE SERVICE—LONG-TERM ACTIONS

Sequence No. Title Regulation 

Identifier No. 

190 .................... Deemed Distributions Under Section 305(c) of Stock and Rights to Acquire Stock ...................................... 1545–BN07 

INTERNAL REVENUE SERVICE—COMPLETED ACTIONS

Sequence No. Title Regulation 

Identifier No. 

191 .................... Issue Price Definition for Tax-Exempt Bonds .................................................................................................. 1545–BM46 

DEPARTMENT OF THE TREASURY 

(TREAS) 

Internal Revenue Service (IRS) 

Long-Term Actions 

190. Deemed Distributions Under 

Section 305(C) of Stock and Rights To 

Acquire Stock 

Legal Authority: 26 U.S.C. 7805 

Abstract: Provide guidance on the 

amount and timing of distributions 

under section 305(c) and 305(b), and to 

clarify that deemed distributions caused 

by changes in conversion ratios are 

considered a distribution of additional 

rights to acquire the underlying stock, 

and not a distribution of the underlying 

stock itself. Guidance is also provided to 

withholding agents regarding their 

withholding obligations, and on 

information reporting for such 

distributions under sections 860G, 861, 

1441, 1461, 1471, 1473, and 6045(B). 

Timetable: 

Action Date FR Cite 

NPRM .................. 04/13/16 81 FR 21795 

NPRM Comment 

Period End.

07/12/16 

Final Action ......... 06/00/18 

Regulatory Flexibility Analysis 

Required: Yes. 

Agency Contact: Maurice LaBrie, 

Phone: 202 317–6848. 

RIN: 1545–BN07 

DEPARTMENT OF THE TREASURY 

(TREAS) 

Internal Revenue Service (IRS) 

Completed Actions 

191. Issue Price Definition for TaxExempt Bonds 

Legal Authority: 26 U.S.C. 148(i); 26 

U.S.C. 7805 

Abstract: The final regulations define 

issue price for purposes of the arbitrage 

restrictions under section 148 of the 

Internal Revenue Code applicable to taxexempt bonds and other tax-advantaged 

bonds. 

Completed: 

Reason Date FR Cite 

Final Action: TD 

9801.

12/09/16 81 FR 88999 

Final Action Effective.12/09/16 

Regulatory Flexibility Analysis 

Required: Yes. 

Agency Contact: Lewis Bell, Phone: 

202 317–4565, Fax: 855 574–9028, 

Email: lewis.bell@irscounsel.treas.gov. 

RIN: 1545–BM46 

[FR Doc. 2017–17059 Filed 8–23–17; 8:45 am] 

BILLING CODE 4810–01–P 

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