Administrative Review Process for Adjudicating Initial Disability Claims; Correction, 17990 [06-3388]
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17990
Federal Register / Vol. 71, No. 68 / Monday, April 10, 2006 / Rules and Regulations
SOCIAL SECURITY ADMINISTRATION
DEPARTMENT OF THE TREASURY
20 CFR Part 405
Internal Revenue Service
RIN 0960–AG31
26 CFR Parts 1 and 602
Administrative Review Process for
Adjudicating Initial Disability Claims;
Correction
AGENCY:
ACTION:
Social Security Administration.
Effective August 1, 2006.
FOR FURTHER INFORMATION CONTACT:
Richard Bresnick, Social Insurance
Specialist, Office of Regulations, Social
Security Administration, 100 Altmeyer
Building, 6401 Security Boulevard,
Baltimore, MD 21235–6401, (410) 965–
1758 or TTY (410) 966–5609 for
information about this notice. For
information on eligibility or filing for
benefits, call our national toll-free
number, 1–800–772–1213 or TTY 1–
800–325–0778, or visit our Internet site,
Social Security Online, at https://
www.socialsecurity.gov.
In FR Doc.
06–3011 appearing on page 16424 in the
Federal Register of Friday, March 31,
2006, the following correction is made:
SUPPLEMENTARY INFORMATION:
§ 405.601
[Corrected]
On page 16456, in the third column,
in § 405.601, in paragraph (b),
‘‘§§ 404.989(a)(1) and 416.989(a)(1)’’ is
corrected to read ‘‘§§ 404.989(a)(1) and
416.1489(a)(1)’’.
I
Dated: April 4, 2006.
Gregory Zwitch,
Social Security Regulations Officer.
[FR Doc. 06–3388 Filed 4–7–06; 8:45 am]
rwilkins on PROD1PC63 with RULES
BILLING CODE 4191–02–P
RIN 1545–AY49
Application of Section 338 to
Insurance Companies
Internal Revenue Service (IRS),
Treasury.
ACTION: Final and temporary
regulations.
AGENCY:
Final rule; correction.
SUMMARY: The Social Security
Administration is correcting a final rule
that appeared in the Federal Register on
March 31, 2006 (71 FR 16424). The
document amends our administrative
review process for applications for
benefits that are based on whether you
are disabled under title II of the Social
Security Act (the Act), or applications
for supplemental security income (SSI)
payments that are based on whether you
are disabled or blind under title XVI of
the Act.
DATES:
[TD 9257]
SUMMARY: This document contains final
regulations that apply to a deemed sale
or acquisition of an insurance
company’s assets pursuant to an
election under section 338 of the
Internal Revenue Code, to a sale or
acquisition of an insurance trade or
business subject to section 1060, and to
the acquisition of insurance contracts
through assumption reinsurance. It also
contains final regulations under section
381 concerning the effect of certain
corporate liquidations and
reorganizations on certain tax attributes
of insurance companies. This document
also contains temporary regulations
under section 197 relating to the
determination of adjusted basis of
amortizable section 197 intangibles with
respect to insurance contracts, section
338 relating to increases in reserves after
a deemed asset sale and sections 338
and 846 relating to the effect of a section
338 election on a section 846(e)
election. The text of the temporary
regulations also serves as the text of the
proposed regulations set forth in the
notice of proposed rulemaking on this
subject in the Proposed Rules section in
this issue of the Federal Register. The
final and temporary regulations apply to
insurance companies.
DATES: Effective Date: The final and
temporary regulations are effective on
April 10, 2006.
Applicability Dates: For dates of
applicability of these regulations, see
§§ 1.197–2(g)(5)(iv), 1.338(i)–1(c), and
1.1060–1(a)(2). The applicability of
§§ 1.197–2T(g)(5)(ii), 1.338–11T(d), and
1.338–11T(e) will expire on April 7,
2009.
FOR FURTHER INFORMATION CONTACT:
Mark Weiss, (202) 622–7790 (not a tollfree number).
SUPPLEMENTARY INFORMATION:
Paperwork Reduction Act
The collection of information in these
final regulations was not proposed in
the preceding notice of proposed
rulemaking. The collection of
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16:33 Apr 07, 2006
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information has been reviewed in
accordance with the Paperwork
Reduction Act (44 U.S.C. 3507) and,
pending receipt and evaluation of
public comments, approved by the
Office of Management and Budget under
control number 1545–1990.
The collection of information is in
§§ 1.338–11T(e)(2), 1.338(i)–1(c),
1.381(c)(22)–1(c), 1.1060–1(a)(2). This
information is required by the IRS to
allow an insurance company permission
to cease using its historical loss
payment pattern and to allow parties to
a transaction under section 338, to an
applicable asset acquisition under
section 1060, or to a distribution or
reorganization to which section 381
applies to file a retroactive election to
apply these regulations to transactions
completed before the effective dates of
these regulations. The likely
recordkeepers are business or other forprofit institutions.
The estimated burden is as follows:
Estimated total annual reporting and/
or recordkeeping burden: 12 hours.
Estimated average annual burden per
respondent: 1 hour.
Estimated number of respondents: 12.
Estimated annual frequency of
responses: once.
Comments concerning the accuracy of
this burden estimate and suggestions for
reducing this burden should be sent to
the Office of Management and Budget,
Attn: Desk Officer for the Department of
the Treasury, Office of Information and
Regulatory Affairs, Washington, DC
20503, with copies to the Internal
Revenue Service, Attn: IRS Reports
Clearance Officer,
SE:W:CAR:MP:T:T:SP, Washington, DC
20224. Any such comments should be
submitted not later than June 9, 2006.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid control number
assigned by the Office of Management
and Budget.
Books or records relating to a
collection of information must be
retained as long as their contents may
become material in the administration
of any internal revenue law. Generally,
tax returns and tax return information
are confidential, as required by 26
U.S.C. 6103.
Background and Explanation of
Provisions
On March 8, 2002, the IRS and the
Department of Treasury published a
notice of proposed rulemaking in the
Federal Register (REG–118861–00,
2002–1 C.B. 651 [67 FR 10640]) (the
proposed regulations) that sets forth
E:\FR\FM\10APR1.SGM
10APR1
]]>Agencies
[Federal Register Volume 71, Number 68 (Monday, April 10, 2006)]
[Rules and Regulations]
[Page 17990]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-3388]
[[Page 17990]]
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SOCIAL SECURITY ADMINISTRATION
20 CFR Part 405
RIN 0960-AG31
Administrative Review Process for Adjudicating Initial Disability
Claims; Correction
AGENCY: Social Security Administration.
ACTION: Final rule; correction.
-----------------------------------------------------------------------
SUMMARY: The Social Security Administration is correcting a final rule
that appeared in the Federal Register on March 31, 2006 (71 FR 16424).
The document amends our administrative review process for applications
for benefits that are based on whether you are disabled under title II
of the Social Security Act (the Act), or applications for supplemental
security income (SSI) payments that are based on whether you are
disabled or blind under title XVI of the Act.
DATES: Effective August 1, 2006.
FOR FURTHER INFORMATION CONTACT: Richard Bresnick, Social Insurance
Specialist, Office of Regulations, Social Security Administration, 100
Altmeyer Building, 6401 Security Boulevard, Baltimore, MD 21235-6401,
(410) 965-1758 or TTY (410) 966-5609 for information about this notice.
For information on eligibility or filing for benefits, call our
national toll-free number, 1-800-772-1213 or TTY 1-800-325-0778, or
visit our Internet site, Social Security Online, at https://
www.socialsecurity.gov.
SUPPLEMENTARY INFORMATION: In FR Doc. 06-3011 appearing on page 16424
in the Federal Register of Friday, March 31, 2006, the following
correction is made:
Sec. 405.601 [Corrected]
0
On page 16456, in the third column, in Sec. 405.601, in paragraph (b),
``Sec. Sec. 404.989(a)(1) and 416.989(a)(1)'' is corrected to read
``Sec. Sec. 404.989(a)(1) and 416.1489(a)(1)''.
Dated: April 4, 2006.
Gregory Zwitch,
Social Security Regulations Officer.
[FR Doc. 06-3388 Filed 4-7-06; 8:45 am]
BILLING CODE 4191-02-P
