August 24, 2006 – Federal Register Recent Federal Regulation Documents

This document contains corrections to final regulations that were published in the Federal Register on Thursday, June 1, 2006 (71 FR 31268) concerning the deduction for income attributable to domestic production activities under section 199.

This document corrects a notice of proposed rulemaking (REG- 109367-06) that was published in the Federal Register on Monday, August 7, 2006 (71 FR 44600) clarifying the circumstances in which accounts or notes receivable are ``acquired * * * for services rendered'' within the meaning of section 1221(a)(4) of the Internal Revenue Code.

This document contains corrections to final regulations (TD 9272) that were published in the Federal Register on Tuesday, August 1, 2006 (71 FR 43363) relating to income that is associated with a residual interest in a Real Estate Mortgage Investment Conduit (REMIC) and that is allocated through certain entities to foreign persons who have invested in those entities.

The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.

The Pacific Fishery Management Council's (Council) Salmon Advisory Subpanel (SAS) will hold a work session by telephone conference, which is open to the public, to develop recommendations for the September Council meeting.

The North Pacific Fishery Management Council's (Council) Crab Plan Team will meet in Anchorage, AK.

The New England Fishery Management Council (Council) is scheduling a public meeting of its Scallop Committee in September, 2006 to consider actions affecting New England fisheries in the exclusive economic zone (EEZ). Recommendations from this group will be brought to the full Council for formal consideration and action, if appropriate.

The Audio Division grants a Petition for Rule Making filed by American Family Association, requesting the reservation of vacant Channel 278C2 at Huntsville, Missouri for noncommercial educational use. A staff engineering analysis determines that Channel *278C2 can be allotted at Huntsville in compliance with the Commission's minimum distance spacing requirements at reference coordinates 39-29-45 NL and 92-25-05 WL.

This action removes regulations that have been rendered obsolete by expiration of their statutory authority and the ending of the programs they governed. There are no impacts on past or current program operations.

The purpose of this Memorandum of Understanding (MOU) is to set forth an agreement between the National Cancer Institute (NCI), the National Institute of Standards and Technology (NIST), and the Food and Drug Administration (FDA) (collectively ``the Parties'', or individually as a ``Party'') regarding the roles, responsibilities, and financial commitments of each Party relating to the collaboration through working groups and steering committees to develop strategic plans, set priorities, and leverage resources and expertise from multiple sources, including the private sector, toward the goal of facilitating the development of nanotechnologies that constitute novel research tools and safer, more effective cancer therapies by establishing a framework for effective risk identification, assessment and evaluation of emerging products based on nanotechnology. This collaboration among the Parties will be focused primarily on the Nanotechnology Characterization Laboratory and directly related activities.

NMFS issues this proposed rule that would implement Amendment 26 to the Fishery Management Plan for the Reef Fish Fishery of the Gulf of Mexico (FMP). Amendment 26 would establish an individual fishing quota (IFQ) program for the commercial red snapper sector of the reef fish fishery in the Gulf of Mexico. Initial participants in the IFQ program would receive percentage shares of the commercial quota of red snapper based on specified historical landings criteria. The percentage shares of the commercial quota would equate to annual IFQ allocations. Both shares and IFQ allocations would be transferable. The intended effect of this rule is to manage the commercial red snapper sector of the reef fish fishery to preserve its long-term economic viability and to achieve optimum yield from the fishery.

This rule revises the jurisdiction of the Federal Subsistence Management Program by adding submerged lands and waters in the area of Makhnati Island, near Sitka, Alaska. This would then allow Federal subsistence users to harvest marine resources in this area under seasons, harvest limits, and methods specified in Federal Subsistence Management regulations.

The FAA is issuing this notice to advise the public of a meeting of RTCA Special Committee 206: Aeronautical Information Services Data Link.

This notice announces the bi-annual meeting of the Federal Aviation Administration (FAA) Aeronautical Charting (ACF) to discuss informational content and design of aeronautical charts and related products, as well as instrument flight procedures development policy and design criteria.

The U.S. Department of Energy (DOE) announces the availability of the document, Draft Environmental Impact Statement for the Orlando Gasification Project (DOE/EIS-0383), for public comment. The draft environmental impact statement (EIS) analyzes the potential environmental consequences of providing federal funding for the design, engineering, construction, and operation of facilities at Orlando Utilities Commission's (OUC's) existing Stanton Energy Center near Orlando, Florida. The project has been selected by DOE for further consideration under the Clean Coal Power Initiative (CCPI) to demonstrate advanced power generation systems using Integrated Gasification Combined Cycle (IGCC) technology. DOE has awarded a cooperative agreement to SCS for a project definition phase during which SCS will complete a detailed Project Management Plan, prepare environmental information and permit applications, and perform Front- End Engineering Design activities. The Department prepared this draft EIS in accordance with the National Environmental Policy Act of 1969 (NEPA) (42 U.S.C. 4321 et seq.), the Council on Environmental Quality (CEQ) regulations that implement the procedural provisions of NEPA (40 CFR parts 1500-1508), and the DOE procedures implementing NEPA (10 CFR part 1021). DOE's proposed action (and preferred alternative) is to provide cost-shared funding to design, construct, and operate the Orlando Gasification Project. Although DOE funding would support only the Orlando Gasification Project (i.e., coal gasifier, synthesis gas cleanup systems, and supporting infrastructure), the project would be integrated with a planned, privately funded, combined-cycle unit, which together would constitute the IGCC facilities. The facilities would convert coal into synthesis gas to drive a gas combustion turbine, and hot exhaust gas from the gas turbine would generate steam in a heat recovery steam generator (HRSG) to drive a steam turbine. Combined, the two turbines would generate 285 MW (megawatts) of electricity. The potential environmental impacts of this action are evaluated in this Draft EIS. DOE also analyzed the No-Action Alternative (not funding the demonstration), including a scenario reasonably expected to result as a consequence of the no-action alternative. Without DOE participation, Southern Company and/or OUC could reasonably pursue at least one option. The combined-cycle facilities could be built at the Stanton Energy Center without the gasifier, synthesis gas cleanup systems, and supporting infrastructure.

This rule proposes to revise and clarify requirements for the processing of donated foods, in order to incorporate processing options tested in demonstration projects, to more effectively ensure accountability for donated foods provided for processing, and to streamline current reporting and review requirements. Most significantly, it would require multi-State processors to enter into National Processing Agreements to process donated foods into end products, and would permit processors to substitute donated beef and pork with commercially purchased beef and pork of U.S. origin and of equal or better quality than the donated food. The rule would also rewrite regulatory provisions in plain language, to make them easier to read and understand for the general public.