December 19, 2006 – Federal Register Recent Federal Regulation Documents

Reader Aids
Document Number: FR-2006-12-19-ReaderAids
Type: Reader Aids
Date: 2006-12-19
Submission for OMB Review; Comment Request
Document Number: E6-21643
Type: Notice
Date: 2006-12-19
Agency: Securities and Exchange Commission, Agencies and Commissions
Agency Information Collection Activities: Proposed Collection: Comment Request
Document Number: E6-21641
Type: Notice
Date: 2006-12-19
Agency: Department of Health and Human Services, Health Resources and Services Administration
Stainless Steel Sheet and Strip in Coils from the Republic of Korea: Preliminary Results of Countervailing Duty Changed Circumstances Review
Document Number: E6-21634
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, International Trade Administration
In response to a March 22, 2006, request by Hyundai Steel Company (Hyundai), claiming to be the successor-in-interest to INI Steel Company (INI), the Department of Commerce (the Department) initiated a changed circumstances review of the countervailing duty (CVD) order on stainless steel sheet and strip in coils (SSSS) from the Republic of Korea (Korea). See Stainless Steel Sheet and Strip in Coils From the Republic of Korea: Initiation of Countervailing Duty Changed Circumstances Review, 71 FR 37541 (June 30, 2006) (Initiation Notice). We invited interested parties to comment on our Initiation Notice. We received no comments. Based on the information submitted by Hyundai, we preliminarily determine that: (1) Hyundai is the successor-in-interest to INI, formerly Inchon Iron and Steel Co., Ltd. (Inchon); and (2) upon publication of the final results of this review, INI's current CVD cash deposit rate shall be applied to entries of subject merchandise made by Hyundai. Interested parties are invited to comment on these preliminary results.
Tapered Roller Bearings and Parts Thereof, Finished and Unfinished, from the People's Republic of China: Final Results of 2004-2005 Administrative Review and Partial Rescission of Review
Document Number: E6-21632
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, International Trade Administration
The Department of Commerce (``the Department'') published its preliminary results of administrative review of the antidumping duty order on tapered roller bearings and parts thereof, finished and unfinished (``TRBs''), from the People's Republic of China (``PRC'') on July 14, 2006. The period of review (``POR'') is June 1, 2004, through May 31, 2005. We invited interested parties to comment on our preliminary results. Based on our analysis of the comments received, we have made changes to our margin calculations. Therefore, the final results differ from the preliminary results. The final dumping margins for this review are listed in the ``Final Results of Review'' section below.
Persulfates from the People's Republic of China: Notice of Rescission of Antidumping Duty Administrative Review
Document Number: E6-21628
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, International Trade Administration
North American Free-Trade Agreement, Article 1904; NAFTA Panel Reviews; Completion of Panel Review
Document Number: E6-21620
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, International Trade Administration
Pursuant to the Order of the Binational Panel dated October 6, 2006, affirming the final remand determination described above, the panel review was completed on November 17, 2006.
Land Exchange at Richmond National Battlefield Park
Document Number: E6-21616
Type: Notice
Date: 2006-12-19
Agency: Department of the Interior, National Park Service
This notice announces a proposed exchange of a 0.32-acre parcel of Federal land in Chesterfield County, Virginia for a 236-acre parcel of privately owned land in Hanover County, Virginia. Both properties are inside the boundaries of Richmond National Battlefield Park (the Park). Acquisition of this 236-acre property will allow the Park to protect the resources and more fully interpret the Battle of Beaver Dam Creek for visitors in perpetuity. An Environmental Survey Assessment of the proposed exchange and a Cultural Resource Survey have been made of the lands involved in this proposed exchange. The parcels have been surveyed for endangered and threatened species. Copies of the surveys are available upon request. I. The following described 0.32-acre parcel of Federal land, located in the Drewry's Bluff Unit of the Park, has been determined to be suitable for disposal by exchange. Federal Tract 03-110 is located near Fort Darling Road in Chesterfield County. It is a 0.32-acre portion of a 23-acre tract acquired in 1936 by the United States, National Park Service by Deed Book 1179 at Page 843 recorded at the Clerk's Office of the Circuit Court of Chesterfield County, Virginia. The parcel is a 30-foot wide strip of land which is currently occupied by underground pipes that are a portion of a five mile long acid and water pipeline owned by E.I. DuPont de Nemours & Company (DuPont). The pipeline was installed in 1980 under a special use permit which has expired, and the National Park Service has no authority to renew it. This strip of land is approximately 100 feet from the northbound lanes of Interstate 95 and is crossed by the entrance road to the Drewry's Bluff Unit of the Park. The United States will convey fee simple title to Tract 03-110, together with a right-of-way for access from Fort Darling Road, by a quitclaim deed to DuPont. The deed will include permanent restrictions that prohibit construction of any above ground improvements and will require DuPont to restore the surface of the ground to its previous condition, in the event the ground is disturbed for any reason. The United States will retain a permanent right-of-way across the parcel for public access to the Drewry's Bluff Unit. II. In exchange for the land described in paragraph I above, the United States will acquire fee title to Tract 01-114, a 236-acre unimproved parcel of land owned by The Conservation Fund (TCF) located on Old Cold Harbor Road in Hanover County, in the Beaver Dam Creek Unit of the Park. Both surface and mineral estates of the 236-acre parcel are to be exchanged. All right, title and interest in the Chesterfield County parcel is to be conveyed by the United States in exchange for the conveyance of all right, title and interest in the Hanover County parcel by TCF. The land conveyed to the United States will be administered by the National Park Service as part of the Richmond National Battlefield Park upon completion of the exchange. This exchange will ensure the protection of 236 acres of the Beaver Dam Creek Battlefield and provide DuPont with ownership of a small strip of land that is occupied by a portion of its underground pipeline. The values of the properties to be exchanged were established by appraisals of fair market value. Since the appraised value of the 236- acre parcel exceeds the appraised value of the 0.32-acre parcel, TCF will donate the difference in value to the United States. For a period of 45 days from the date of this notice, interested parties may submit written comments to the Park Superintendent at the address listed below. Adverse comments will be evaluated and this action may be modified or vacated accordingly. In the absence of any action to modify or vacate, this realty action will become the final determination of the Department of Interior.
Coastal Zone Management Act Federal Consistency Regulations
Document Number: E6-21615
Type: Rule
Date: 2006-12-19
Agency: Department of Commerce, National Oceanic and Atmospheric Administration
The National Oceanic and Atmospheric Administration (NOAA) published a document (Final Rule) in the Federal Register on January 5, 2006, effective on February 6, 2006, revising the federal consistency regulations under the Coastal Zone Management Act of 1972 (CZMA). That document referenced an incorrect cross-reference in Sec. 930.125(b) and unnecessarily required the submission of multiple copies of some documents in Sec. Sec. 930.127(d)(1) and 930.127(i)(2). This document amends the final regulations by revising these sections.
Nominations for the Annual Sustainable Fisheries Leadership Awards for 2007; Extension of Nomination Deadline
Document Number: E6-21613
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, National Oceanic and Atmospheric Administration
NOAA has established the Sustainable Fisheries Leadership Awards Program to recognize outstanding performances, achievements and leadership by industries, organizations and individuals who promote best stewardship practices for the sustainable use of living marine resources and ecosystems, and who have fostered change and inspired a stewardship ethic within their community. This notice extends the deadline for nominations for the second annual Sustainable Fisheries Leadership Awards from January 8 to January 31, 2007.
Environmental Impact Statement; Genetically Engineered Fruit Fly and Pink Bollworm
Document Number: E6-21612
Type: Notice
Date: 2006-12-19
Agency: Department of Agriculture, Animal and Plant Health Inspection Service
We are advising the public that the Animal and Plant Health Inspection Service intends to prepare an environmental impact statement relative to the proposed use of genetically engineered fruit flies and pink bollworm in certain plant pest control programs. This notice identifies potential issues and alternatives that will be studied in the environmental impact statement, requests public comment to further delineate the scope of the issues and alternatives, and provides notice of public meetings.
Small Takes of Marine Mammals Incidental to Specified Activities; Low-Energy Seismic Surveys in the South Pacific Ocean
Document Number: E6-21611
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, National Oceanic and Atmospheric Administration
In accordance with provisions of the Marine Mammal Protection Act (MMPA) as amended, notification is hereby given that an Incidental Harassment Authorization (IHA) to take small numbers of marine mammals, by harassment, incidental to conducting an oceanographic survey in the South Pacific Ocean (SPO) has been issued to the Scripps Institution of Oceanography (SIO).
Endangered Species; File No. 1581
Document Number: E6-21608
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, National Oceanic and Atmospheric Administration
Notice is hereby given that the National Marine Fisheries Service, Pacific Islands Fisheries Science Center (Responsible OfficialSamuel Pooley, Principal InvestigatorGeorge Balazs), 2570 Dole Street, Honolulu, HI 96822 has been issued a permit to take green (Chelonia mydas) and hawksbill (Eretmochelys imbricata) sea turtles for purposes of scientific research.
Notice of a Public Meeting of the Interim Meeting of National Conference on Weights and Measures in January 2007
Document Number: E6-21607
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, National Institute of Standards and Technology
The Interim Meetings of the 92nd National Conference on Weights and Measures (NCWM) will be held January 21 to 24, 2007, in Jacksonville, Florida. The majority of the meetings are open to the public but registration is required. The NCWM is an organization of weights and measures officials of the states, counties, and cities of the United States, Federal Agencies, and private sector representatives. These meetings bring together government officials and representatives of business, industry, trade associations, and consumer organizations on subjects related to the field of weights and measures technology, administration, and enforcement. Pursuant to (15 U.S.C. 272(b)(6)), the National Institute of Standards and Technology (NIST) supports the NCWM as one of the means it uses to solicit comments and recommendations on revising or updating a variety of publications related to legal metrology. NIST participates to promote uniformity among the States in laws, regulations, methods, and testing equipment that comprise the regulatory control of commercial weighing and measuring devices and other practices used in trade and commerce. Publication of this Notice on the NCWM's behalf is undertaken as a public service; NIST does not endorse, approve, or recommend any of the proposals contained in this notice or in the publications of the NCWM mentioned below. Please see NCWM Publication 15 which contains detailed meeting agendas and schedules, registration forms and hotel reservation information at https://www.ncwm.net.
Combined Notice of Filings # 1
Document Number: E6-21606
Type: Notice
Date: 2006-12-19
Agency: Department of Energy, Federal Energy Regulatory Commission
Precision Measurement Grants Program; Availability of Funds
Document Number: E6-21605
Type: Notice
Date: 2006-12-19
Agency: Department of Commerce, National Institute of Standards and Technology
The National Institute of Standards and Technology (NIST) announces that the Precision Measurement Grants Program is soliciting applications for financial assistance for FY 2007. The Precision Measurement Grants Program is seeking proposals for significant research in the field of fundamental measurement or the determination of fundamental constants.
Notice of Proposed Information Collection Requests
Document Number: E6-21601
Type: Notice
Date: 2006-12-19
Agency: Department of Education
The IC Clearance Official, Regulatory Information Management Services, Office of Management, invites comments on the proposed information collection requests as required by the Paperwork Reduction Act of 1995.
Proposed Consent Decree, Clean Air Act Citizen Suit
Document Number: E6-21600
Type: Notice
Date: 2006-12-19
Agency: Environmental Protection Agency
In accordance with section 113(g) of the Clean Air Act, as amended (``Act''), 42 U.S.C. 7413(g), notice is hereby given of a proposed consent decree, to address a deadline suit filed by Sierra Club and Coosa River Basin Initiative (``Coosa River''): Sierra Club v. EPA, No. 1:06CV1523 (N.D. GA). On December 20, 2005 and January 3, 2006, Sierra Club, Coosa River, and the Georgia Public Interest Research Group petitioned EPA to object to certain Clean Air Act Title V permit amendments proposed by the Georgia Environmental Protection Division for steam generating plants at Georgia Power's (1) Bowen and Branch Steam-Electric Generating Plants, and (2) Hammond and Scherer Steam-Electric Generating Plants, all of which are in the State of Georgia. Subsequently, Sierra Club and Coosa River filed suit, alleging that the Administrator failed to perform his nondiscretionary duty to respond to the petitions within sixty days of the date they were filed. Under the terms of today's proposed consent decree, EPA has agreed to respond to the petitions by January 8, 2007, and Sierra Club and Coosa River have agreed that if EPA does so, and after parties negotiate attorneys' fees, they will move to dismiss their suit with prejudice.
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: E6-21598
Type: Notice
Date: 2006-12-19
Agency: Federal Reserve System, Agencies and Commissions
Board of Scientific Counselors Human Health Mid-Cycle Subcommittee Meetings-January 2007
Document Number: E6-21597
Type: Notice
Date: 2006-12-19
Agency: Environmental Protection Agency
Pursuant to the Federal Advisory Committee Act, Public Law 92- 463, the Environmental Protection Agency, Office of Research and Development (ORD), gives notice of two meetings of the Board of Scientific Counselors (BOSC) Human Health Mid-Cycle Subcommittee.
Proposed Collection; Comment Request
Document Number: E6-21596
Type: Notice
Date: 2006-12-19
Agency: Securities and Exchange Commission, Agencies and Commissions
Submission for OMB Review; Comment Request
Document Number: E6-21595
Type: Notice
Date: 2006-12-19
Agency: Securities and Exchange Commission, Agencies and Commissions
Submission for OMB Review; Comment Request
Document Number: E6-21594
Type: Notice
Date: 2006-12-19
Agency: Securities and Exchange Commission, Agencies and Commissions
Medical Devices; Patient Examination and Surgeons' Gloves; Test Procedures and Acceptance Criteria
Document Number: E6-21591
Type: Rule
Date: 2006-12-19
Agency: Food and Drug Administration, Department of Health and Human Services
The Food and Drug Administration (FDA) is issuing a final rule to improve the barrier quality of medical gloves marketed in the United States. The rule will accomplish this by reducing the current acceptable quality levels (AQLs) for leaks and visual defects observed during FDA testing of medical gloves. By reducing the AQLs for medical gloves, FDA will also harmonize its AQLs with consensus standards developed by the International Organization for Standardization (ISO) and ASTM International (ASTM).
Submissions for OMB Review; Comment Request
Document Number: E6-21589
Type: Notice
Date: 2006-12-19
Agency: Securities and Exchange Commission, Agencies and Commissions
Submission for OMB Review; Comment Request
Document Number: E6-21588
Type: Notice
Date: 2006-12-19
Agency: Securities and Exchange Commission, Agencies and Commissions
Submission for OMB Review; Comment Request
Document Number: E6-21587
Type: Notice
Date: 2006-12-19
Agency: Securities and Exchange Commission, Agencies and Commissions
Airworthiness Directives; Turbomeca S.A. Makila 1A and 1A1 Turboshaft Engines
Document Number: E6-21586
Type: Proposed Rule
Date: 2006-12-19
Agency: Federal Aviation Administration, Department of Transportation
We propose to adopt a new airworthiness directive (AD) for the products listed above. This proposed AD results from mandatory continuing airworthiness information (MCAI) issued by an aviation authority of another country to identify and correct an unsafe condition on an aviation product. The MCAI describes the unsafe condition as:
Proposed Data Collections Submitted for Public Comment and Recommendations
Document Number: E6-21584
Type: Notice
Date: 2006-12-19
Agency: Centers for Disease Control and Prevention, Department of Health and Human Services
Advisory Committee on Reactor Safeguards; Renewal
Document Number: E6-21583
Type: Notice
Date: 2006-12-19
Agency: Nuclear Regulatory Commission, Agencies and Commissions
The Advisory Committee on Reactor Safeguards was established by Section 29 of the Atomic Energy Act (AEA) in 1954. Its purpose is to provide advice to the Commission with regard to the hazards of proposed or existing reactor facilities, to review each application for a construction permit or operating license for certain facilities specified in the AEA, and such other duties as the Commission may request. The AEA as amended by Public Law 100-456 also specifies that the Defense Nuclear Safety Board may obtain the advice and recommendations of the ACRS. Membership on the Committee includes individuals experienced in reactor operations, management; probabilistic risk assessment; analysis of reactor accident phenomena; design of nuclear power plant structures, systems and components; materials science; and mechanical, civil, and electrical engineering. The Nuclear Regulatory Commission has determined that renewal of the charter for the ACRS until December 12, 2008 is in the public interest in connection with the statutory responsibilities assigned to the ACRS. This action is being taken in accordance with the Federal Advisory Committee Act.
Agency Information Collection Activities: Extension of a Currently Approved Information Collection; Comment Request
Document Number: E6-21582
Type: Notice
Date: 2006-12-19
Agency: Department of Homeland Security, U.S. Citizenship and Immigration Services
Final List of Nationally and Exceptionally Significant Features of the Federal Interstate Highway System
Document Number: E6-21581
Type: Notice
Date: 2006-12-19
Agency: Federal Highway Administration, Department of Transportation
The FHWA is issuing this notice to announce the final list of nationally and exceptionally significant features of the Federal Interstate Highway System. The list is available at https:// www.environment.fhwa.dot.gov/histpres/highways.asp. In developing the final list, the FHWA considered public comments received on the preliminary list of exceptional elements, which was published in the Federal Register on June 16, 2006 (71 FR 34988). This notice summarizes those comments. Exemptions of the Interstate Highway System from consideration as historic property under the provisions of section 106 of the National Historic Preservation Act (NHPA) and section 4(f) of the Department of Transportation Act of 1966 \1\ will not apply to the elements on this list.
Temporary Traffic Control Devices
Document Number: E6-21579
Type: Proposed Rule
Date: 2006-12-19
Agency: Federal Highway Administration, Department of Transportation
The FHWA is extending the comment period for a notice of proposed rulemaking (NPRM) and request for comments, which was published on November 1, 2006, at 71 FR 64173. The original comment period is set to close on January 2, 2007. The extension is based on concern expressed by the National Committee on Uniform Traffic Control Devices (NCUTCD) that the January 2 closing date does not provide sufficient time for discussion of the issues in committee and a subsequent comprehensive response to the docket. The FHWA recognizes that others interested in commenting may have similar time constraints and agree that the comment period should be extended. Therefore, the closing date for comments is changed to February 16, 2007, which will provide the NCUTCD and others interested in commenting additional time to discuss, evaluate, and submit responses to the docket.
Louisiana; Amendment No. 3 to Notice of a Major Disaster Declaration
Document Number: E6-21578
Type: Notice
Date: 2006-12-19
Agency: Federal Emergency Management Agency, Department of Homeland Security
This notice amends the notice of a major disaster declaration for the State of Louisiana (FEMA-1668-DR), dated November 2, 2006, and related determinations.
Proposed Flood Elevation Determinations
Document Number: E6-21577
Type: Proposed Rule
Date: 2006-12-19
Agency: Federal Emergency Management Agency, Department of Homeland Security
Technical information or comments are requested on the proposed Base (1% annual chance) Flood Elevations (BFEs) and proposed BFEs modifications for the communities listed below. The BFEs are the basis for the floodplain management measures that the community is required either to adopt or to show evidence of being already in effect in order to qualify or remain qualified for participation in the National Flood Insurance Program (NFIP).
Disaster Declaration #10748 and #10749 Pennsylvania Disaster #PA-00006
Document Number: E6-21576
Type: Notice
Date: 2006-12-19
Agency: Small Business Administration, Agencies and Commissions
This is a notice of an Administrative declaration of a disaster for the Commonwealth of Pennsylvania dated 12/11/2006. Incident: Severe storm and flooding Incident Period: 11/16/2006 through 11/17/2006 Effective Date: 12/11/2006 Physical Loan Application Deadline Date: 02/09/2007. Economic Injury (EIDL) Loan Application Deadline Date: 09/11/2007.
Alaska; Major Disaster and Related Determinations
Document Number: E6-21575
Type: Notice
Date: 2006-12-19
Agency: Federal Emergency Management Agency, Department of Homeland Security
This is a notice of the Presidential declaration of a major disaster for the State of Alaska (FEMA-1669-DR), dated December 8, 2006, and related determinations.
Final Flood Elevation Determinations
Document Number: E6-21574
Type: Rule
Date: 2006-12-19
Agency: Federal Emergency Management Agency, Department of Homeland Security
Base (1% annual chance) Flood Elevations (BFEs) and modified BFEs are made final for the communities listed below. The BFEs and modified BFEs are the basis for the floodplain management measures that each community is required either to adopt or to show evidence of being already in effect in order to qualify or remain qualified for participation in the National Flood Insurance Program (NFIP).
Corporate Reorganizations; Distributions Under Sections 368(a)(1)(D) and 354(b)(1)(B)
Document Number: E6-21572
Type: Proposed Rule
Date: 2006-12-19
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations that provide guidance regarding the qualification of certain transactions as reorganizations described in section 368(a)(1)(D) where no stock and/or securities of the acquiring corporation is issued and distributed in the transaction. These regulations affect corporations engaging in such transactions and their shareholders. The text of those regulations also serves as the text of these proposed regulations.
Amendment 2 of the Cotton Storage Agreement
Document Number: E6-21571
Type: Notice
Date: 2006-12-19
Agency: Department of Agriculture, Commodity Credit Corporation
This notice announces Amendment 2 to the Commodity Credit Corporation's (CCC's) Cotton Storage Agreement. This amendment alters the agreement that regulates the storage of CCC interest and commercial cotton in warehouses throughout the United States.
Open meeting of the Taxpayer Assistance Center Committee of the Taxpayer Advocacy Panel
Document Number: E6-21570
Type: Notice
Date: 2006-12-19
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
An open meeting of the Taxpayer Assistance Center Committee of the Taxpayer Advocacy Panel will be conducted (via teleconference). The Taxpayer Advocacy Panel (TAP) is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service.
Agency Information Collection Activities: Submission for OMB Review; Comment Request
Document Number: E6-21569
Type: Notice
Date: 2006-12-19
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it plans to submit to the Office of Management and Budget (OMB) a request for OMB review and approval of the information collection system described below.
United States Standards for Grades of Cultivated Ginseng
Document Number: E6-21568
Type: Notice
Date: 2006-12-19
Agency: Agricultural Marketing Service, Department of Agriculture
The Agricultural Marketing Service (AMS) of the Department of Agriculture (USDA) is establishing voluntary United States Standards for Grades of Cultivated Ginseng. AMS received a request from an industry group representing cultivated ginseng growers to develop a standard that will provide the industry with a common language and uniform basis for trading, thus promoting the orderly and efficient marketing of cultivated ginseng.
Fruit and Vegetable Industry Advisory Committee
Document Number: E6-21567
Type: Notice
Date: 2006-12-19
Agency: Agricultural Marketing Service, Department of Agriculture
The purpose of this notice is to notify all interested parties that the Agricultural Marketing Service (AMS) will hold a Fruit and Vegetable Industry Advisory Committee (Committee) meeting that is open to the public. The U.S. Department of Agriculture (USDA) established the Committee to examine the full spectrum of issues faced by the fruit and vegetable industry and to provide suggestions and ideas to the Secretary of Agriculture on how USDA can tailor its programs to meet the fruit and vegetable industry's needs. This notice sets forth the schedule and location for the meeting.
Residence Rules Involving U.S. Possessions; Correction
Document Number: E6-21566
Type: Rule
Date: 2006-12-19
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains corrections to final regulations that were published in the Federal Register on Tuesday, November 14, 2006 (71 FR 66232) relating to rules for determining bona fide residency in the following U.S. territories: American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the United States Virgin Islands.
Corporate Reorganizations; Distributions Under Sections 368(a)(1)(D) and 354(b)(1)(B)
Document Number: E6-21565
Type: Rule
Date: 2006-12-19
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains temporary regulations under section 368 of the Internal Revenue Code of 1986 (Code). The temporary regulations provide guidance regarding the qualification of certain transactions as reorganizations described in section 368(a)(1)(D) where no stock and/or securities of the acquiring corporation is issued and distributed in the transaction. These regulations affect corporations engaging in such transactions and their shareholders. 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.
Notice of Submission of Proposed Information Collection to OMB; Eligibility of a Nonprofit Corporation/Housing Consultant Certification
Document Number: E6-21562
Type: Notice
Date: 2006-12-19
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been 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. Nonprofit organizations provide financial and other information so that HUD can determine that the sponsor and/or mortgagor is truly a nonprofit and demonstrates probably success in project development and continuing operation. A Housing Consultant hired by the nonprofit certifies to HUD that he/she has no other financial interest in the project and has no conflict of interest. The general contractor, subcontractors, equipment lessees, material and other suppliers, and management of the project certify to any direct or indirect contractual relationship they have with the sponsor or the mortgagor. HUD uses this information to assure compliance with regulations.
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