Arbitrage Guidance for Tax-Exempt Bonds; Correction, 57459 [2016-20086]
Download as PDF
<![CDATA[
Federal Register / Vol. 81, No. 163 / Tuesday, August 23, 2016 / Rules and Regulations
Need for Correction
SUPPLEMENTARY INFORMATION:
As published, the final regulation (TD
9777) contains errors that may prove to
be misleading and are in need of
clarification.
Background
The final regulations (TD 9777) that
are the subject of this correction are
under section 148 of the Internal
Revenue Code.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Need for Correction
As published, the final regulation (TD
9777) contains errors that may prove to
be misleading and are in need of
clarification.
Correction of Publication
Accordingly, 26 CFR part 1 is
amended 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 * * *
Section 1.148–11
[Amended]
Par. 2. Section 1.148–11 is amended
by removing ‘‘October 17, 2016’’ at end
of paragraphs (l)(2) and (l)(3) and adding
‘‘July 18, 2016’’ in its place.
■
Martin V. Franks
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. 2016–20087 Filed 8–22–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Correction of Publication
Accordingly, the final regulation (TD
9777), that is the subject of FR Doc.
2016–16558, are corrected as follows:
■ 1. On page 46591, in the preamble, the
second column, under the paragraph
heading ‘‘Applicability Dates’’, a second
paragraph is added after the last
sentence to read as follows: ‘‘In
addition, the amendments to § 1.148–
3(j) in the Final Regulations apply to
bonds subject to § 1.148–3(i). For this
purpose, a bond is considered to be
subject to § 1.148–3(i) if the issue of
which the bond is a part is subject to the
version of § 1.148–3(i) published in TD
8476 (58 FR 33510) or any subsequent
version.’’.
■ 2. On page 46591, in the preamble, the
second column, under the paragraph
heading ‘‘Effect on Other Documents’’,
the first line, the language ‘‘As of July
18, 2016, Revenue’’ is corrected to read
‘‘As of October 17, 2016, Revenue’’.
[TD 9777]
Martin V. Franks,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
RIN 1545–BG41; RIN 1545–BH38
[FR Doc. 2016–20086 Filed 8–22–16; 8:45 am]
26 CFR Part 1
BILLING CODE 4830–01–P
Arbitrage Guidance for Tax-Exempt
Bonds; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Final regulations; correction.
AGENCY:
This document contains
corrections to final regulations (TD
9777) that were published in the
Federal Register on Monday, July 18,
2016 (81 FR 46582). The final
regulations relate to the arbitrage
restrictions under section 148 of the
Internal Revenue Code applicable to taxexempt bonds and other tax-advantaged
bonds issued by State and local
governments.
ehiers on DSK5VPTVN1PROD with RULES
SUMMARY:
This correction is effective
August 23, 2016 and applicable July 18,
2016.
FOR FURTHER INFORMATION CONTACT:
Spence Hanemann at (202) 317–6980
(not a toll-free number).
DATES:
VerDate Sep<11>2014
14:39 Aug 22, 2016
Jkt 238001
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 165
[Docket Number USCG–2016–0689]
RIN 1625–AA00
Safety Zone; Upper Mississippi River,
St. Louis, MO
Coast Guard, DHS.
Temporary final rule.
AGENCY:
ACTION:
The Coast Guard is
establishing a temporary safety zone on
the Upper Mississippi River from mile
180 to mile 180.5. This temporary safety
zone is necessary to protect persons and
property from potential damage and
safety hazards during a fireworks
SUMMARY:
PO 00000
Frm 00021
Fmt 4700
Sfmt 4700
57459
display on and over the navigable
waterway. During the period of
enforcement, entry into the safety zone
is prohibited unless specifically
authorized by the Captain of the Port
Upper Mississippi River (COTP) or
other designated representative.
DATES: This rule is effective from 8:30
p.m. to 10:30 p.m. on September 3,
2016.
To view documents
mentioned in this preamble as being
available in the docket, go to https://
www.regulations.gov, type USCG–2016–
0689 in the ‘‘SEARCH’’ box and click
‘‘SEARCH.’’ Click on Open Docket
Folder on the line associated with this
rule.
FOR FURTHER INFORMATION CONTACT: If
you have questions on this rule, call or
email LCDR Sean Peterson, Chief of
Prevention, Sector Upper Mississippi
River, U.S. Coast Guard; telephone 314–
269–2332, email Sean.M.Peterson@
uscg.mil.
ADDRESSES:
SUPPLEMENTARY INFORMATION:
I. Table of Abbreviations
BNM Broadcast Notice to Mariners
CFR Code of Federal Regulations
COTP Captain of the Port
DHS Department of Homeland Security
FR Federal Register
LNM Local Notice to Mariners
NPRM Notice of proposed rulemaking
§ Section
U.S.C. United States Code
UMR Upper Mississippi River
II. Background Information and
Regulatory History
The Coast Guard is issuing this
temporary rule without prior notice and
opportunity to comment pursuant to
authority under section 4(a) of the
Administrative Procedure Act (APA) (5
U.S.C. 553(b)). This provision
authorizes an agency to issue a rule
without prior notice and opportunity to
comment when the agency for good
cause finds that those procedures are
‘‘impracticable, unnecessary, or contrary
to the public interest.’’ Under 5 U.S.C.
553(b)(B), the Coast Guard finds that
good cause exists for not publishing a
NPRM with respect to this rule because
the Coast Guard was not notified of the
fireworks display until July 8, 2016.
After full review of the details for the
planned and locally advertised displays,
the Coast Guard determined action is
needed to protect people and property
from the safety hazards associated with
the fireworks display on the UMR near
St. Louis, MO. It is impracticable to
publish an NPRM because we must
establish this safety zone by September
3, 2016.
E:\FR\FM\23AUR1.SGM
23AUR1
]]>Agencies
[Federal Register Volume 81, Number 163 (Tuesday, August 23, 2016)]
[Rules and Regulations]
[Page 57459]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-20086]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9777]
RIN 1545-BG41; RIN 1545-BH38
Arbitrage Guidance for Tax-Exempt Bonds; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final regulations; correction.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to final regulations (TD
9777) that were published in the Federal Register on Monday, July 18,
2016 (81 FR 46582). The final regulations relate to the arbitrage
restrictions under section 148 of the Internal Revenue Code applicable
to tax-exempt bonds and other tax-advantaged bonds issued by State and
local governments.
DATES: This correction is effective August 23, 2016 and applicable July
18, 2016.
FOR FURTHER INFORMATION CONTACT: Spence Hanemann at (202) 317-6980 (not
a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9777) that are the subject of this
correction are under section 148 of the Internal Revenue Code.
Need for Correction
As published, the final regulation (TD 9777) contains errors that
may prove to be misleading and are in need of clarification.
Correction of Publication
Accordingly, the final regulation (TD 9777), that is the subject of
FR Doc. 2016-16558, are corrected as follows:
0
1. On page 46591, in the preamble, the second column, under the
paragraph heading ``Applicability Dates'', a second paragraph is added
after the last sentence to read as follows: ``In addition, the
amendments to Sec. 1.148-3(j) in the Final Regulations apply to bonds
subject to Sec. 1.148-3(i). For this purpose, a bond is considered to
be subject to Sec. 1.148-3(i) if the issue of which the bond is a part
is subject to the version of Sec. 1.148-3(i) published in TD 8476 (58
FR 33510) or any subsequent version.''.
0
2. On page 46591, in the preamble, the second column, under the
paragraph heading ``Effect on Other Documents'', the first line, the
language ``As of July 18, 2016, Revenue'' is corrected to read ``As of
October 17, 2016, Revenue''.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2016-20086 Filed 8-22-16; 8:45 am]
BILLING CODE 4830-01-P
