Nuclear Decommissioning Funds, 74213-74215 [E7-25222]

Download as PDF Federal Register / Vol. 72, No. 249 / Monday, December 31, 2007 / Proposed Rules (b) Installing an airworthy blade assembly that does not have a serial number listed in paragraph 2.A of the ASB and does not have ‘‘RS503’’ marked near the P/N is terminating action for the requirements of this AD. (c) To request a different method of compliance or a different compliance time for this AD, follow the procedures in 14 CFR 39.19. Contact the Manager, Rotorcraft Directorate, Rotorcraft Certification Office, FAA, ATTN: Michael Kohner, Aviation Safety Engineer, Fort Worth, Texas 76193– 0170, telephone (817) 222–5447, fax (817) 222–5783. Issued in Fort Worth, Texas, on November 28, 2007. Mark R. Schilling, Acting Manager, Rotorcraft Directorate, Aircraft Certification Service. [FR Doc. E7–25411 Filed 12–28–07; 8:45 am] BILLING CODE 4910–13–P COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 150 RIN 3038–AC51 Revision of Federal Speculative Position Limits Commodity Futures Trading Commission. ACTION: Reopening of comment period. mstockstill on PROD1PC66 with PROPOSALS AGENCY: SUMMARY: The Commodity Futures Trading Commission is reopening the period for public comment to provide interested persons additional time to comment on certain proposed amendments pertaining to the Federal speculative position limits for agricultural commodities. DATES: Comments must be received by January 21, 2008. ADDRESS: Comments should be submitted to David A. Stawick, Secretary, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581. Comments may be sent by facsimile to 202.418.5521, or by e-mail to secretary@cftc.gov. Reference should be made to the ‘‘Proposed Revision of Federal Speculative Position Limits.’’ Comments may also be submitted through the Federal eRulemaking Portal at http://www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Don Heitman, Attorney, Division of Market Oversight, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581, telephone (202) 418–5041, facsimile number (202) 418–5507, electronic mail dheitman@cftc.gov; or Martin Murray, Economist, Division of Market Oversight, telephone (202) 418– VerDate Aug<31>2005 17:27 Dec 28, 2007 Jkt 214001 5276, facsimile number (202) 418–5507, electronic mail mmurray@cftc.gov. The Commission is reopening the period for public comment on proposed amendments to regulation 150.2.1 The amendments were proposed on November 21, 2007 and the comment period initially closed on December 21, 2007.2 The amendments, if adopted by the Commission, would increase the Federal speculative position limits enumerated in regulation 150.2 for all single-month and all-months-combined positions in all commodities except oats, pursuant to parameters specified in Commission regulation 150.5(c). The amendments would also aggregate positions in all designated contract market products that share substantially identical terms with the contracts enumerated in regulation 150.2 for the purposes of ascertaining compliance with the Federal speculative position limits. By letter dated December 7, 2007, the National Grain and Feed Association, an association representing companies that utilize exchange traded agricultural contracts to manage price and inventory risks,3 and by letter dated December 14, 2007, the American Bakers Association, an association representing the interests of the wholesale baking industry,4 requested an extension of the comment period to better develop a response to Commission’s proposed amendments. While the Commission has received commentary on the proposed amendments,5 it believes that it would be appropriate to reopen the comment period to ensure that an adequate opportunity is provided for the submission of additional meaningful and substantive comments. Accordingly, the Commission has determined to reopen the comment period for the proposed amendments to regulation 150.2 to January 21, 2008. The Commission notes that it will give full consideration to any comment received in the interval between the closing and reopening of the comment period for the proposed amendments. SUPPLEMENTARY INFORMATION: 1 17 CFR 150.2. FR 65783 (November 21, 2007). 3 Letter from Rod Clark, Chair, Risk Management Committee, National Grain and Feed Association, to David A. Stawick, Secretary of the Commission (December 7, 2007) (on file with the Commission). 4 Letter from Lee Sanders, Senior Vice President, Government Relations & Public Affairs, Corporate Secretary, American Bakers Association, to David A. Stawick, Secretary of the Commission (December 14, 2007) (on file with the Commission). 5 Comment File: 07–014, available at http:// www.cftc.gov/lawandregulation/federalregister/ federalregistercomments/2007/07–014.html. 2 72 PO 00000 Frm 00005 Fmt 4702 Sfmt 4702 74213 Issued in Washington, DC, on December 21, 2007 by the Commission. David A. Stawick, Secretary of the Commission. [FR Doc. E7–25344 Filed 12–28–07; 8:45 am] BILLING CODE 6351–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–147290–05] RIN 1545–BF08 Nuclear Decommissioning Funds Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking by cross reference to temporary regulations. AGENCY: SUMMARY: In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations under section 468A of the Internal Revenue Code relating to deductions for contributions to trusts maintained for decommissioning nuclear power plants. The temporary regulations reflect changes to the law made by the Energy Policy Act of 2005, and affect most taxpayers that own an interest in a nuclear power plant. The text of the temporary regulations also serves as the text of these proposed regulations. DATES: Written or electronic comments and requests for a public hearing must be received by March 31, 2008. ADDRESSES: Send submissions to: CC:PA:LPD:PR (REG–147290–05), room 5203, Internal Revenue Service, PO Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to: CC:PA:LPD:PR (REG–147290–05), Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC, or sent electronically, via the Federal eRulemaking Portal at http:// www.regulations.gov/ (IRS REG– 147290–05). FOR FURTHER INFORMATION CONTACT: Concerning the regulations, Patrick S. Kirwan, (202) 622–3110; concerning submissions and to request a hearing, Kelly Banks, (202) 622–7180 (not tollfree numbers). SUPPLEMENTARY INFORMATION: Paperwork Reduction Act The collection of information contained in this notice of proposed E:\FR\FM\31DEP1.SGM 31DEP1 mstockstill on PROD1PC66 with PROPOSALS 74214 Federal Register / Vol. 72, No. 249 / Monday, December 31, 2007 / Proposed Rules rulemaking has been submitted to the Office of Management and Budget for review in accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. 3507(d)). OMB has approved, on a temporary basis, the information collections contained in the crossreferenced temporary rule under control number 1545–2091. Comments on the collection of information 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. Comments on the collection of information should be received by February 29, 2008. Comments are specifically requested concerning: Whether the proposed collection of information is necessary for the proper performance of the functions of the IRS, including whether the information will have practical utility; The accuracy of the estimated burden associated with the proposed collection of information; How the quality, utility, and clarity of the information to be collected may be enhanced; How the burden of complying with the proposed collection of information may be minimized, including through the application of automated collection techniques or other forms of information technology; and Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of service to provide information. The collection of information in this proposed regulation is in §§ 1.468A– 3T(h), 1.468A–4T, 1.468A–7T, and 1.468A–8T(d). The information collected under § 1.468A–3T(h) is required to evaluate whether the taxpayer has properly determined the schedule of ruling amounts. The information collected under § 1.468A– 7T pertains to the initial election to maintain a qualified nuclear decommissioning trust fund. The information collected under § 1.468A– 8T(d) is required to evaluate whether the taxpayer has properly determined the schedule of deduction amounts. The collection of information is mandatory. The likely recordkeepers are owners of nuclear power plants. Estimated total annual recordkeeping burden: 2,500 hours. The estimated annual burden per recordkeeper varies depending on individual circumstances, with an estimated average of 25 hours. VerDate Aug<31>2005 17:27 Dec 28, 2007 Jkt 214001 Estimated number of recordkeepers: 100. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it 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 The temporary regulations in the Rules and Regulations section of this issue of the Federal Register contain amendments to 26 CFR part 1 providing regulations under section 468A of the Internal Revenue Code of 1986 (Code). Section 468A was amended by section 1310 of the Energy Policy Act of 2005, Public Law 109–58 (119 Stat. 594). Explanation of Provisions The temporary regulations in the Rules and Regulations section of this issue of the Federal Register amend the Income Tax Regulations (26 CFR part 1) under section 468A of the Internal Revenue Code of 1986 (Code). The text of the temporary regulations also serves as the text of these proposed regulations. The preamble to the temporary regulations explains these proposed regulations. Special Analyses It has been determined that this notice of proposed rulemaking is not a significant regulatory action as defined in Executive Order 12866. Therefore, a regulatory assessment is not required. It also has been determined that section 553(b) and (d) of the Administrative Procedure Act (5 U.S.C. chapter 5) does not apply to these regulations. It is hereby certified that this regulation will not have a significant economic impact on a substantial number of small entities. The proposed regulations do not impose a collection of information on small entities. Accordingly, a regulatory flexibility analysis is not required. We request comment on the accuracy of this certification. Pursuant to section 7805(f) of the Code, this regulation has been submitted to the Chief Counsel for Advocacy of the Small Business Administration for comment on its impact on small business. PO 00000 Frm 00006 Fmt 4702 Sfmt 4702 Comments and Requests for a Public Hearing Before these proposed regulations are adopted as final regulations, consideration will be given to any written comments (a signed original and eight (8) copies) or electronically generated comments that are submitted timely to the IRS. The IRS and Treasury Department generally request comments on the clarity of the proposed rule and how it may be made easier to understand. All comments will be available for public inspection and copying. A public hearing may be scheduled if requested in writing by a person who timely submits comments. If a public hearing is scheduled, notice of the date, time, and place for the hearing will be published in the Federal Register. Drafting Information The principal author of these regulations is Patrick S. Kirwan, Office of Associate Chief Counsel (Passthroughs and Special Industries). However, other personnel from the IRS and Treasury Department participated in their development. List of Subjects in 26 CFR Part 1 Income taxes, Reporting and recordkeeping requirements. Proposed Amendments to the Regulations Accordingly, 26 CFR part 1 is proposed to be amended as follows: 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 1.468A–5 also issued under 26 U.S.C. 468A(e)(5). * * * Par. 2. Sections 1.468A–0 through 1.468A–9 are added to read as follows: § 1.468A–0 Table of contents. [The text of this proposed section is the same as the text of § 1.468A–0T published elsewhere in this issue of the Federal Register.] § 1.468A–1 Nuclear decommissioning costs; general rules. [The text of this proposed section is the same as the text of § 1.468A–1T published elsewhere in this issue of the Federal Register.] § 1.468A–2 Treatment of electing taxpayer. [The text of this proposed section is the same as the text of § 1.468A–2T published elsewhere in this issue of the Federal Register.] E:\FR\FM\31DEP1.SGM 31DEP1 Federal Register / Vol. 72, No. 249 / Monday, December 31, 2007 / Proposed Rules § 1.468A–3 Ruling amount. [The text of this proposed section is the same as the text of § 1.468A–3T published elsewhere in this issue of the Federal Register.] § 1.468A–4 Treatment of nuclear decommissioning fund. [The text of this proposed section is the same as the text of § 1.468A–4T published elsewhere in this issue of the Federal Register.] § 1.468A–5 Nuclear decommissioning fund—miscellaneous provisions. [The text of this proposed section is the same as the text of § 1.468A–5T published elsewhere in this issue of the Federal Register.] § 1.468A–6 Disposition of an interest in a nuclear power plant. [The text of this proposed section is the same as the text of § 1.468A–6T published elsewhere in this issue of the Federal Register.] § 1.468A–7 election. Manner of and time for making [The text of this proposed section is the same as the text of § 1.468A–7T published elsewhere in this issue of the Federal Register.] § 1.468A–8 Special transfers to qualified funds pursuant to section 468A(f). [The text of this proposed section is the same as the text of § 1.468A–8T published elsewhere in this issue of the Federal Register.] § 1.468A–9 Effective/applicability date and transitional rules. [The text of this proposed section is the same as the text of § 1.468A–9T(a) and (b) published elsewhere in this issue of the Federal Register.] Kevin M. Brown, Deputy Commissioner for Services and Enforcement. [FR Doc. E7–25222 Filed 12–28–07; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–139236–07] mstockstill on PROD1PC66 with PROPOSALS RIN 1545–BH07 Measurement of Assets and Liabilities for Pension Funding Purposes Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking. AGENCY: VerDate Aug<31>2005 17:27 Dec 28, 2007 Jkt 214001 SUMMARY: This document contains proposed regulations providing guidance on the determination of plan assets and benefit liabilities for purposes of the funding requirements that apply to single employer defined benefit plans. These regulations affect sponsors, administrators, participants, and beneficiaries of single employer defined benefit plans. DATES: Written or electronic comments and requests for a public hearing must be received by March 31, 2008. ADDRESSES: Send submissions to: CC:PA:LPD:PR (REG–139236–07), room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand-delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG–139236– 07), Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC, or sent electronically via the Federal eRulemaking Portal at www.regulations.gov (IRS–REG– 139236–07). FOR FURTHER INFORMATION CONTACT: Concerning the regulations, Lauson C. Green or Linda S. F. Marshall at (202) 622–6090; concerning submissions and requests for a public hearing, Richard A. Hurst at Richard.A.Hurst@ irscounsel.treas.gov or at (202) 622– 7180 (not toll-free numbers). SUPPLEMENTARY INFORMATION: Paperwork Reduction Act The collections of information contained in this notice of proposed rulemaking have been submitted to the Office of Management and Budget for review in accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. 3507(d)). Comments on the collections of information 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. Comments on the collection of information should be received by February 29, 2008. Comments are specifically requested concerning: Whether the proposed collection of information is necessary for the proper performance of the functions of the Internal Revenue Service, including whether the information will have practical utility; The accuracy of the estimated burden associated with the proposed collection of information; PO 00000 Frm 00007 Fmt 4702 Sfmt 4702 74215 How the quality, utility, and clarity of the information to be collected may be enhanced; How the burden of complying with the proposed collections of information may be minimized, including through the application of automated collection techniques or other forms of information technology; and Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of service to provide information. The collection of information in this proposed regulation is in § 1.430(h)(2)– 1(e). This information is required in order for a plan sponsor to make an election to use an alternative interest rate for purposes of determining a plan’s funding obligations under § 1.430(h)(2)– 1. This information is required to obtain or retain benefits. The likely respondents are qualified retirement plan sponsors. Estimated total annual reporting burden: 54,000 hours. Estimated average annual burden hours per respondent: 0.75 hours. Estimated number of respondents: 72,000. Estimated annual frequency of responses: Occasional. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it 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 This document contains proposed Income Tax Regulations (26 CFR part 1) under sections 430(d), 430(g), 430(h)(2), and 430(i), as added to the Internal Revenue Code (Code) by the Pension Protection Act of 2006 (PPA ’06), Public Law 109–280 (120 Stat. 780). Section 412 provides minimum funding requirements that generally apply for pension plans (including both defined benefit pension plans and money purchase pension plans). PPA ’06 makes extensive changes to those minimum funding requirements that generally apply for plan years beginning on or after January 1, 2008. Section 430, which was added by PPA ’06, specifies the minimum funding requirements that apply to single employer defined benefit pension plans (including multiple E:\FR\FM\31DEP1.SGM 31DEP1

Agencies

[Federal Register Volume 72, Number 249 (Monday, December 31, 2007)]
[Proposed Rules]
[Pages 74213-74215]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-25222]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-147290-05]
RIN 1545-BF08


Nuclear Decommissioning Funds

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of proposed rulemaking by cross reference to temporary 
regulations.

-----------------------------------------------------------------------

SUMMARY: In the Rules and Regulations section of this issue of the 
Federal Register, the IRS is issuing temporary regulations under 
section 468A of the Internal Revenue Code relating to deductions for 
contributions to trusts maintained for decommissioning nuclear power 
plants. The temporary regulations reflect changes to the law made by 
the Energy Policy Act of 2005, and affect most taxpayers that own an 
interest in a nuclear power plant. The text of the temporary 
regulations also serves as the text of these proposed regulations.

DATES: Written or electronic comments and requests for a public hearing 
must be received by March 31, 2008.

ADDRESSES: Send submissions to: CC:PA:LPD:PR (REG-147290-05), room 
5203, Internal Revenue Service, PO Box 7604, Ben Franklin Station, 
Washington, DC 20044. Submissions may be hand delivered Monday through 
Friday between the hours of 8 a.m. and 4 p.m. to: CC:PA:LPD:PR (REG-
147290-05), Courier's Desk, Internal Revenue Service, 1111 Constitution 
Avenue, NW., Washington, DC, or sent electronically, via the Federal 
eRulemaking Portal at http://www.regulations.gov/ (IRS REG-147290-05).

FOR FURTHER INFORMATION CONTACT: Concerning the regulations, Patrick S. 
Kirwan, (202) 622-3110; concerning submissions and to request a 
hearing, Kelly Banks, (202) 622-7180 (not toll-free numbers).

SUPPLEMENTARY INFORMATION: 

Paperwork Reduction Act

    The collection of information contained in this notice of proposed

[[Page 74214]]

rulemaking has been submitted to the Office of Management and Budget 
for review in accordance with the Paperwork Reduction Act of 1995 (44 
U.S.C. 3507(d)). OMB has approved, on a temporary basis, the 
information collections contained in the cross-referenced temporary 
rule under control number 1545-2091. Comments on the collection of 
information 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. Comments on the collection of 
information should be received by February 29, 2008. Comments are 
specifically requested concerning:
    Whether the proposed collection of information is necessary for the 
proper performance of the functions of the IRS, including whether the 
information will have practical utility;
    The accuracy of the estimated burden associated with the proposed 
collection of information;
    How the quality, utility, and clarity of the information to be 
collected may be enhanced;
    How the burden of complying with the proposed collection of 
information may be minimized, including through the application of 
automated collection techniques or other forms of information 
technology; and
    Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of service to provide information.
    The collection of information in this proposed regulation is in 
Sec. Sec.  1.468A-3T(h), 1.468A-4T, 1.468A-7T, and 1.468A-8T(d). The 
information collected under Sec.  1.468A-3T(h) is required to evaluate 
whether the taxpayer has properly determined the schedule of ruling 
amounts. The information collected under Sec.  1.468A-7T pertains to 
the initial election to maintain a qualified nuclear decommissioning 
trust fund. The information collected under Sec.  1.468A-8T(d) is 
required to evaluate whether the taxpayer has properly determined the 
schedule of deduction amounts. The collection of information is 
mandatory. The likely recordkeepers are owners of nuclear power plants.
    Estimated total annual recordkeeping burden: 2,500 hours.
    The estimated annual burden per recordkeeper varies depending on 
individual circumstances, with an estimated average of 25 hours.
    Estimated number of recordkeepers: 100.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it 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

    The temporary regulations in the Rules and Regulations section of 
this issue of the Federal Register contain amendments to 26 CFR part 1 
providing regulations under section 468A of the Internal Revenue Code 
of 1986 (Code). Section 468A was amended by section 1310 of the Energy 
Policy Act of 2005, Public Law 109-58 (119 Stat. 594).

Explanation of Provisions

    The temporary regulations in the Rules and Regulations section of 
this issue of the Federal Register amend the Income Tax Regulations (26 
CFR part 1) under section 468A of the Internal Revenue Code of 1986 
(Code). The text of the temporary regulations also serves as the text 
of these proposed regulations. The preamble to the temporary 
regulations explains these proposed regulations.

Special Analyses

    It has been determined that this notice of proposed rulemaking is 
not a significant regulatory action as defined in Executive Order 
12866. Therefore, a regulatory assessment is not required. It also has 
been determined that section 553(b) and (d) of the Administrative 
Procedure Act (5 U.S.C. chapter 5) does not apply to these regulations. 
It is hereby certified that this regulation will not have a significant 
economic impact on a substantial number of small entities. The proposed 
regulations do not impose a collection of information on small 
entities. Accordingly, a regulatory flexibility analysis is not 
required. We request comment on the accuracy of this certification. 
Pursuant to section 7805(f) of the Code, this regulation has been 
submitted to the Chief Counsel for Advocacy of the Small Business 
Administration for comment on its impact on small business.

Comments and Requests for a Public Hearing

    Before these proposed regulations are adopted as final regulations, 
consideration will be given to any written comments (a signed original 
and eight (8) copies) or electronically generated comments that are 
submitted timely to the IRS. The IRS and Treasury Department generally 
request comments on the clarity of the proposed rule and how it may be 
made easier to understand. All comments will be available for public 
inspection and copying. A public hearing may be scheduled if requested 
in writing by a person who timely submits comments. If a public hearing 
is scheduled, notice of the date, time, and place for the hearing will 
be published in the Federal Register.

Drafting Information

    The principal author of these regulations is Patrick S. Kirwan, 
Office of Associate Chief Counsel (Passthroughs and Special 
Industries). However, other personnel from the IRS and Treasury 
Department participated in their development.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Proposed Amendments to the Regulations

    Accordingly, 26 CFR part 1 is proposed to be amended as follows:

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 1.468A-5 also issued under 26 U.S.C. 468A(e)(5). * * *

    Par. 2. Sections 1.468A-0 through 1.468A-9 are added to read as 
follows:


Sec.  1.468A-0  Table of contents.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-0T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-1  Nuclear decommissioning costs; general rules.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-1T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-2  Treatment of electing taxpayer.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-2T published elsewhere in this issue of the Federal Register.]

[[Page 74215]]

Sec.  1.468A-3  Ruling amount.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-3T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-4  Treatment of nuclear decommissioning fund.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-4T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-5  Nuclear decommissioning fund--miscellaneous provisions.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-5T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-6  Disposition of an interest in a nuclear power plant.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-6T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-7  Manner of and time for making election.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-7T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-8  Special transfers to qualified funds pursuant to 
section 468A(f).

    [The text of this proposed section is the same as the text of Sec.  
1.468A-8T published elsewhere in this issue of the Federal Register.]


Sec.  1.468A-9  Effective/applicability date and transitional rules.

    [The text of this proposed section is the same as the text of Sec.  
1.468A-9T(a) and (b) published elsewhere in this issue of the Federal 
Register.]

Kevin M. Brown,
Deputy Commissioner for Services and Enforcement.
[FR Doc. E7-25222 Filed 12-28-07; 8:45 am]
BILLING CODE 4830-01-P