Section 67 Limitations on Estates or Trusts; Correction, 48248-48249 [E7-16615]

Download as PDF 48248 Federal Register / Vol. 72, No. 163 / Thursday, August 23, 2007 / Proposed Rules Required parts would cost about $2,840 per airplane (for one EIU). Based on these figures, the estimated cost of this supplemental NPRM for U.S. operators is $230,680, or $2,920 per airplane. the FAA proposes to amend 14 CFR part 39 as follows: Authority for This Rulemaking 1. The authority citation for part 39 continues to read as follows: Title 49 of the United States Code specifies the FAA’s authority to issue rules on aviation safety. Subtitle I, Section 106, describes the authority of the FAA Administrator. Subtitle VII, Aviation Programs, describes in more detail the scope of the Agency’s authority. We are issuing this rulemaking under the authority described in Subtitle VII, Part A, Subpart III, Section 44701, ‘‘General requirements.’’ Under that section, Congress charges the FAA with promoting safe flight of civil aircraft in air commerce by prescribing regulations for practices, methods, and procedures the Administrator finds necessary for safety in air commerce. This regulation is within the scope of that authority because it addresses an unsafe condition that is likely to exist or develop on products identified in this rulemaking action. Regulatory Findings ebenthall on PRODPC61 with PROPOSALS We have determined that this proposed AD would not have federalism implications under Executive Order 13132. This proposed AD would not have a substantial direct effect on the States, on the relationship between the national Government and the States, or on the distribution of power and responsibilities among the various levels of government. For the reasons discussed above, I certify that the proposed regulation: 1. Is not a ‘‘significant regulatory action’’ under Executive Order 12866; 2. Is not a ‘‘significant rule’’ under the DOT Regulatory Policies and Procedures (44 FR 11034, February 26, 1979); and 3. Will not have a significant economic impact, positive or negative, on a substantial number of small entities under the criteria of the Regulatory Flexibility Act. We prepared a regulatory evaluation of the estimated costs to comply with this supplemental NPRM and placed it in the AD docket. See the ADDRESSES section for a location to examine the regulatory evaluation. List of Subjects in 14 CFR Part 39 Air transportation, Aircraft, Aviation safety, Safety. The Proposed Amendment Accordingly, under the authority delegated to me by the Administrator, VerDate Aug<31>2005 15:00 Aug 22, 2007 Jkt 211001 PART 39—AIRWORTHINESS DIRECTIVES Authority: 49 U.S.C. 106(g), 40113, 44701. § 39.13 [Amended] 2. The Federal Aviation Administration (FAA) amends § 39.13 by adding the following new airworthiness directive (AD): Boeing: Docket No. FAA–2006–26110; Directorate Identifier 2006–NM–112–AD. Comments Due Date (a) The FAA must receive comments on this AD action by September 17, 2007. Affected ADs (b) Accomplishing paragraph (f) of this AD for all three electronic flight instrument system/engine indicating and crew alerting system (EFIS/EICAS) interface units (EIUs) terminates certain requirements of AD 2004– 10–05, amendment 39–13635. Applicability (c) This AD applies to Boeing Model 747– 400, 747–400D, and 747–400F series airplanes, certificated in any category; as identified in Boeing Service Bulletin 747–31– 2368, Revision 1, dated July 24, 2006. Unsafe Condition (d) This AD results from two instances where all six integrated display units (IDUs) on the flight deck panels went blank in flight. We are issuing this AD to prevent loss of the IDUs due to failure of all three EIUs, which could result in the inability of the flightcrew to maintain safe flight and landing of the airplane. Compliance (e) You are responsible for having the actions required by this AD performed within the compliance times specified, unless the actions have already been done. Replacement (f) Within 24 months after the effective date of this AD, replace at least one of the three EIUs, part number (P/N) 622–8589–104, located on the E2–6 shelf of the main equipment center with a new or modified EIU, P/N 622–8589–105, in accordance with the Accomplishment Instructions of Boeing Service Bulletin 747–31–2368, Revision 1, dated July 24, 2006. Note 1: Boeing Service Bulletin 747–31– 2368, Revision 1, dated July 24, 2006, refers to Rockwell Collins Service Bulletin EIU– 7000–31–502, dated March 21, 2006, as an additional source of service information for modifying an EIU by adding auto restart circuitry, which converts EIU P/N 622–8589– 104 to P/N 622–8589–105. Credit for Actions Done According to Previous Service Bulletin (g) Actions done before the effective date of this AD in accordance with Boeing Service PO 00000 Frm 00006 Fmt 4702 Sfmt 4702 Bulletin 747–31–2368, dated November 22, 2005 (Revision 1 of the service bulletin specifies that the original issue is dated December 1, 2005), are acceptable for compliance with the corresponding requirements of paragraph (f) of this AD. Credit for AD 2004–10–05 (h) Replacing all three EIUs with new or modified EIUs in accordance with paragraph (f) of this AD is acceptable for compliance with only the EIU replacement of paragraph (d)(1) of AD 2004–10–05. All other actions required by paragraph (d)(1) of AD 2004–10– 05 must be complied with. Alternative Methods of Compliance (AMOCs) (i)(1) The Manager, Seattle Aircraft Certification Office, FAA, has the authority to approve AMOCs for this AD, if requested in accordance with the procedures found in 14 CFR 39.19. (2) To request a different method of compliance or a different compliance time for this AD, follow the procedures in 14 CFR 39.19. Before using any approved AMOC on any airplane to which the AMOC applies, notify your appropriate principal inspector (PI) in the FAA Flight Standards District Office (FSDO), or lacking a PI, your local FSDO. Issued in Renton, Washington, on August 16, 2007. Ali Bahrami, Manager, Transport Airplane Directorate, Aircraft Certification Service. [FR Doc. E7–16659 Filed 8–22–07; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–128224–06] RIN 1545–BF80 Section 67 Limitations on Estates or Trusts; Correction Internal Revenue Service (IRS), Treasury. ACTION: Correction to notice of proposed rulemaking. AGENCY: SUMMARY: This document contains corrections to notice of proposed rulemaking that was published in the Federal Register on Friday, July 27, 2007 providing guidance on which costs incurred by estates or non-grantor trusts are subject to the 2-percent floor for miscellaneous itemized deductions under section 67(a). FOR FURTHER INFORMATION CONTACT: Jennifer N. Keeney at (202) 622–3060. SUPPLEMENTARY INFORMATION: E:\FR\FM\23AUP1.SGM 23AUP1 Federal Register / Vol. 72, No. 163 / Thursday, August 23, 2007 / Proposed Rules Background The notice of proposed rulemaking (REG–128224–06) that is the subject of these corrections is under section 67 of the Internal Revenue Code. Need for Correction As published, the notice of proposed rulemaking (REG–128224–06) contains errors that may prove to be misleading and are in need of clarification. Correction of Publication Accordingly, the notice of proposed rulemaking (REG–128224–06) that was the subject of FR Doc. E7–14489 is corrected as follows: On page 41245, column 1, in the preamble, under the paragraph heading ‘‘Drafting Information’’, line 3, the language ‘‘of the Office of Associate Chief Counsel’’ is corrected to read ‘‘of the Associate Chief Counsel’’. LaNita Van Dyke, Branch Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. E7–16615 Filed 8–22–07; 8:45 am] BILLING CODE 4830–01–P FOR FURTHER INFORMATION CONTACT: Mayer R. Samuels at (202) 622–3090. SUPPLEMENTARY INFORMATION: Background The notice of proposed rulemaking (REG–128843–05) that is the subject of this correction is under section 2642 of the Internal Revenue Code. Need for Correction As published, the notice of proposed rulemaking (REG–128843–05) contains an error that may prove to be misleading and is in need of clarification. Correction of Publication Accordingly, the notice of proposed rulemaking (REG–128843–05) that was the subject of FR Doc. E7–14850 is corrected as follows: § 26.2642–6 [Corrected] On page 42343, column 3, § 26.2642– 6(k)(1), lines 7 through 10, the language ‘‘severances occurring on or after [DATE THIS DOCUMENT IS PUBLISHED IN THE Federal Register AS FINAL REGULATIONS]. Paragraph (d)(4) and’’ is corrected to read ‘‘severances occurring on or after August 2, 2007. Paragraph (d)(4) and’’. LaNita Van Dyke, Branch Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. E7–16619 Filed 8–22–07; 8:45 am] DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 26 [REG–128843–05] BILLING CODE 4830–01–P RIN 1545–BE70 Severance of a Trust for GenerationSkipping Transfer (GST) Tax Purposes II; Correction DEPARTMENT OF THE TREASURY Internal Revenue Service (IRS), Treasury. ACTION: Correction to notice of proposed rulemaking. 26 CFR Part 301 SUMMARY: This document contains a correction to notice of proposed rulemaking that was published in the Federal Register on Thursday, August 2, 2007 providing guidance regarding the generation-skipping transfer (GST) tax consequences of the severance of trusts in a manner that is effective under state law, but that does not meet the requirements of a qualified severance. These proposed regulations also provide guidance regarding the GST tax consequences of a qualified severance of a trust with an inclusion ratio between zero and one into more than two resulting trusts and provide special funding rules applicable to the non pro rata division of certain assets between or among resulting trusts. Change to Office To Which Notices of Nonjudicial Sale and Requests for Return of Wrongfully Levied Property Must Be Sent; Correction ebenthall on PRODPC61 with PROPOSALS AGENCY: VerDate Aug<31>2005 15:00 Aug 22, 2007 Jkt 211001 Internal Revenue Service 48249 FOR FURTHER INFORMATION CONTACT: Robin M. Ferguson at (202) 622–3630. SUPPLEMENTARY INFORMATION: Background The notice of proposed rulemaking by cross-reference to temporary regulations (REG–148951–05) that is the subject of these corrections is under sections 7425 and 6343 of the Internal Revenue Code. Need for Correction As published, the notice of proposed rulemaking by cross-reference to temporary regulations (REG–148951–05) contains errors that may prove to be misleading and are in need of clarification. Correction of Publication Accordingly, the notice of proposed rulemaking by cross-reference to temporary regulations (REG–148951–05) that was the subject of FR. Doc. E7– 14051 is corrected as follows: 1. On page 39771, column 3, in the preamble, under the caption ‘‘FOR FURTHER INFORMATION CONTACT:’’, line 1, the language ‘‘Robin M. Ferguson, (202) 622–3610; is corrected to read ‘‘Robin M. Ferguson, (202) 622–3630;’’. 2. On page 39772, column 1, in the preamble, under paragraph heading ‘‘Drafting Information’’, lines 4 and 5, the language ‘‘and Administration (Collection, Bankruptcy and Summonses Division)’’ should be corrected to read ‘‘and Administration.’’ LaNita Van Dyke, Branch Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. E7–16624 Filed 8–22–07; 8:45 am] BILLING CODE 4830–01–P [REG–148951–05] RIN 1545–BF54 DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 100 Internal Revenue Service (IRS), Treasury. ACTION: Correction to notice of proposed rulemaking by cross-reference to temporary regulations. [Docket No. CGD01–07–102] SUMMARY: This document contains corrections to notice of proposed rulemaking by cross-reference to temporary regulations that was published in the Federal Register on Friday, July 20, 2007 relating to the discharge of liens under section 7425 and return of wrongfully levied property under section 6343. AGENCY: AGENCY: PO 00000 Frm 00007 Fmt 4702 Sfmt 4702 RIN 1625–AA08 Special Local Regulation; Head of the Connecticut Regatta ACTION: Coast Guard, DHS. Notice of proposed rulemaking. SUMMARY: The Coast Guard is proposing to change the special local regulations for the Head of the Connecticut Regatta by moving the regulated area of the race from the southern tip of Gildersleeve Island and Light Number 87 to the E:\FR\FM\23AUP1.SGM 23AUP1

Agencies

[Federal Register Volume 72, Number 163 (Thursday, August 23, 2007)]
[Proposed Rules]
[Pages 48248-48249]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-16615]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-128224-06]
RIN 1545-BF80


Section 67 Limitations on Estates or Trusts; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking.

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SUMMARY: This document contains corrections to notice of proposed 
rulemaking that was published in the Federal Register on Friday, July 
27, 2007 providing guidance on which costs incurred by estates or non-
grantor trusts are subject to the 2-percent floor for miscellaneous 
itemized deductions under section 67(a).

FOR FURTHER INFORMATION CONTACT: Jennifer N. Keeney at (202) 622-3060.

SUPPLEMENTARY INFORMATION:

[[Page 48249]]

Background

    The notice of proposed rulemaking (REG-128224-06) that is the 
subject of these corrections is under section 67 of the Internal 
Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-128224-06) 
contains errors that may prove to be misleading and are in need of 
clarification.

Correction of Publication

    Accordingly, the notice of proposed rulemaking (REG-128224-06) that 
was the subject of FR Doc. E7-14489 is corrected as follows:
    On page 41245, column 1, in the preamble, under the paragraph 
heading ``Drafting Information'', line 3, the language ``of the Office 
of Associate Chief Counsel'' is corrected to read ``of the Associate 
Chief Counsel''.

LaNita Van Dyke,
Branch Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. E7-16615 Filed 8-22-07; 8:45 am]
BILLING CODE 4830-01-P
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