Delegations of Authority: Regulation Policy and Management, 10175-10176 [E9-5063]
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Federal Register / Vol. 74, No. 45 / Tuesday, March 10, 2009 / Rules and Regulations
DATES: This correction is effective
March 10, 2009, and is applicable on
February 11, 2009.
DEPARTMENT OF THE TREASURY
FOR FURTHER INFORMATION CONTACT:
Sean W. Mullaney, (202) 622–3860 (not
a toll-free number).
26 CFR Part 1
SUPPLEMENTARY INFORMATION:
RIN 1545–BG09
Background
Gain Recognition Agreements With
Respect to Certain Transfers of Stock
or Securities by United States Persons
to Foreign Corporations; Correction
Internal Revenue Service
The final and temporary regulations
that are the subject of this document are
under sections 367 and 1248 of the
Internal Revenue Code.
Need for Correction
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Correcting amendment.
This document contains a
correction to final regulations (TD 9446)
that were published in the Federal
Register on Wednesday, February 11,
2009 (74 FR 6952) under section 367(a)
of the Internal Revenue Code
concerning gain recognition agreements
filed by United States persons with
respect to transfers of stock or securities
to foreign corporations.
DATES: This correction is effective
March 10, 2009, and is applicable on
February 11, 2009.
FOR FURTHER INFORMATION CONTACT: S.
James Hawes, (202) 622–3860 (not a tollfree number).
SUPPLEMENTARY INFORMATION:
SUMMARY:
As published Wednesday, February
11, 2009 (74 FR 6824), final and
temporary regulations (TD 9444)
contains an error that may prove to be
misleading and is in need of
clarification.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Correction of Publication
Accordingly, 26 CFR part 1 is
corrected by making the following
correcting amendment:
■
PART 1—INCOME TAXES
Background
The final regulations that are the
subject of this document are under
sections 338 and 367 of the Internal
Revenue Code.
Paragraph 1. The authority citation
for part 1 continues to read in part as
follows:
■
Authority: 26 U.S.C. 7805 * * *
Par. 2. Section 1.367(a)–9T is
amended by revising the paragraph of
(b)(1) as follows:
■
§ 1.367(a)–9T Treatment of deemed
section 351 exchanges pursuant to section
304(a)(1) (temporary).
*
*
*
*
*
(b) * * *
(1) The gain realized by the United
States person with respect to the
transferred stock in connection with the
deemed section 351 exchange exceeds;
*
*
*
*
*
Guy Traynor,
Acting Chief, Publications and Regulations
Branch, Legal Processing Division, Associate
Chief Counsel, (Procedure and
Administration).
[FR Doc. E9–4995 Filed 3–9–09; 8:45 am]
BILLING CODE 4830–01–P
[TD 9446]
Need for Correction
As published, final regulations (TD
9446) contains an error that may prove
to be misleading and is in need of
clarification.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Correction of Publication
Accordingly, 26 CFR part 1 is
corrected by making the following
correcting amendment:
■
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 * * *
Par. 2. Section 1.367(a)–8 is amended
by revising paragraph (k)(3) to read as
follows:
■
§ 1.367(a)–8 Gain recognition agreement
requirements.
*
VerDate Nov<24>2008
14:58 Mar 09, 2009
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*
Frm 00011
*
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10175
(k) * * *
(3) * * * A disposition of the
transferred stock or securities pursuant
to an exchange to which section 351,
354 (but only in a reorganization
described in section 368(a)(1)(B)), or 721
applies, shall not constitute a triggering
event if the U.S. transferor enters in to
a new gain recognition agreement that
provides that the dispositions described
in paragraphs (k)(3)(i) and (ii) of this
section shall constitute triggering events
for purposes of the new gain recognition
agreement.
*
*
*
*
*
Guy Traynor,
Acting Chief, Publications and Regulations
Branch, Legal Processing Division, Associate
Chief Counsel, (Procedure and
Administration).
[FR Doc. E9–4998 Filed 3–9–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
38 CFR Part 2
RIN 2900–AN09
Delegations of Authority: Regulation
Policy and Management
Department of Veterans Affairs.
Final rule.
AGENCY:
ACTION:
SUMMARY: This document amends the
Department of Veterans Affairs (VA)
regulations that delegate authority to
manage, direct, and coordinate VA’s
rulemaking activities to certain officials.
The amendments reflect the Secretary of
Veterans Affairs’ decisions to designate
the General Counsel as the Department’s
Regulatory Policy Officer and to transfer
the Office of Regulation Policy and
Management to the Office of the General
Counsel. These amendments are
intended to provide VA with a single
point of contact who can respond to the
Secretary’s rulemaking concerns.
DATES: Effective Date: March 10, 2009.
FOR FURTHER INFORMATION CONTACT:
Robert C. McFetridge, Director,
Regulation Policy and Management
(02REG), Office of the General Counsel,
U.S. Department of Veterans Affairs, 810
Vermont Avenue, NW., Washington, DC
20420, telephone (202) 461–4902. (This
is not a toll-free number.)
SUPPLEMENTARY INFORMATION: The Office
of Regulation Policy and Management
(ORPM) was established to provide
centralized management and
coordination for VA’s decentralized
rulemaking process. The head of ORPM
was designated as the Assistant to the
E:\FR\FM\10MRR1.SGM
10MRR1
10176
Federal Register / Vol. 74, No. 45 / Tuesday, March 10, 2009 / Rules and Regulations
Secretary for Regulation Policy and
Management (ASRPM) and served as
VA’s Regulatory Policy Officer until the
Deputy Secretary became VA’s
Regulatory Policy Officer in accordance
with Executive Order 13422, which
amended Executive Order 12866
(Regulatory Planning and Review) to
require that position to be filled by a
Presidential appointee. Subsequently,
on June 10, 2008, the Secretary
designated the General Counsel as the
Department’s Regulatory Policy Officer
and transferred ORPM from the Office of
the Secretary to the Office of the General
Counsel (OGC). ORPM’s name and
mission remain the same, but that office
is now in direct support of the General
Counsel. The ASRPM has become
OGC’s Director for Regulation Policy
and Management to assist the General
Counsel in supervising VA’s rulemaking
process and VA’s compliance with
Executive Order 12866.
This document removes the
Secretary’s delegations of rulemaking
authority to the ASRPM in 38 CFR 2.6(l)
and adds provisions concerning
rulemaking authority in the delegations
of authority to the General Counsel in
38 CFR 2.6(e).
Administrative Procedure Act
This document pertains to agency
organization and management.
Accordingly, its publication as a final
rule with no delay in its effective date
is pursuant to 5 U.S.C. 553, which
exempts such a document from the
notice-and-comment and delayedeffective-date requirements of section
553.
Catalog of Federal Domestic Assistance
There are no Catalog of Federal
Domestic Assistance program numbers
for this rule.
List of Subjects in 38 CFR Part 2
Authority delegations (Government
agencies).
For the reasons set forth in the
preamble, VA amends 38 CFR part 2 as
follows:
PART 2—DELEGATIONS OF
AUTHORITY
Paperwork Reduction Act of 1995
This document contains no provisions
constituting a collection of information
Jkt 217001
The initial and final regulatory
flexibility analysis requirements of
sections 603 and 604 of the Regulatory
Flexibility Act, 5 U.S.C. 601–612, are
not applicable to this rule, because a
notice of proposed rulemaking is not
required for this rule. Even so, the
Secretary hereby certifies that this
regulatory amendment will not have a
significant economic impact on a
substantial number of small entities as
they are defined in the Regulatory
Flexibility Act. This amendment will
not directly affect any small entities.
Therefore, this amendment is also
exempt pursuant to 5 U.S.C. 605(b) from
the initial and final regulatory flexibility
analysis requirements of sections 603–
604.
■
Unfunded Mandates
The Unfunded Mandates Reform Act
of 1995 requires, at 2 U.S.C. 1532, that
agencies prepare an assessment of
anticipated costs and benefits before
issuing any rule that may result in
expenditure by State, local, and tribal
governments, in the aggregate, or by the
private sector, of $100 million or more
(adjusted annually for inflation) in any
year. This rule will have no such effect
on State, local, and tribal governments,
or on the private sector.
14:58 Mar 09, 2009
Regulatory Flexibility Act
Approved: February 24, 2009.
John R. Gingrich,
Chief of Staff, Department of Veterans Affairs.
Executive Order 12866
Because this document is limited to
agency organization and management, it
is not within the definition of
‘‘regulation’’ in section 3(d) of Executive
Order 12866 and therefore not subject to
that Executive Order’s requirements for
regulatory actions.
VerDate Nov<24>2008
under the Paperwork Reduction Act of
1995 (44 U.S.C. 3501–3521).
1. The authority citation for part 2
continues to read as follows:
■
Authority: 5 U.S.C. 302, 552a; 38 U.S.C.
501, 512, 515, 1729, 1729A, 5711; 44 U.S.C.
3702, and as noted in specific sections.
■
■
■
2. Amend § 2.6 by:
a. Adding paragraph (e)(1).
b. Removing paragraph (l).
The addition reads as follows:
§ 2.6 Secretary’s delegations of authority
to certain officials (38 U.S.C. 512).
*
*
*
*
*
(e) * * *
(1) The General Counsel is delegated
authority to serve as the Regulatory
Policy Officer for the Department in
accordance with Executive Order 12866.
The General Counsel, Deputy General
Counsel, and Director for Regulation
Policy and Management are delegated
authority to manage, direct, and
coordinate the Department’s rulemaking
activities, including the revision and
reorganization of regulations, and to
perform all functions necessary or
PO 00000
Frm 00012
Fmt 4700
Sfmt 4700
appropriate under Executive Order
12866 and other rulemaking
requirements.
(Authority: 38 U.S.C. 501, 512)
*
*
*
*
*
[FR Doc. E9–5063 Filed 3–9–09; 8:45 am]
BILLING CODE 8320–01–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 52
[EPA–R09–OAR–2008–0677; FRL–8770–1]
Approval and Promulgation of
Implementation Plans; State of
California; 2003 State Strategy and
2003 South Coast Plan for One-Hour
Ozone and Nitrogen Dioxide
AGENCY: U.S. Environmental Protection
Agency (EPA).
ACTION: Final rule.
SUMMARY: EPA is taking final action to
approve one state implementation plan
(SIP) revision, and to approve in part
and to disapprove in part a second SIP
revision, submitted by the California Air
Resources Board to provide for
attainment of the one-hour ozone
standard and maintenance of the
nitrogen dioxide standard in the Los
Angeles-South Coast Air Basin. The two
SIP revisions include the 2003 State
Strategy and the 2003 South Coast SIP,
both of which were submitted on
January 9, 2004.
With respect to the 2003 State
Strategy, EPA is taking final action to
approve the commitment by the State to
develop and propose near-term defined
measures sufficient to achieve specific
emissions reductions in the South Coast
and to continue implementation of an
existing measure. With respect to the
2003 South Coast SIP, EPA is taking
final action to approve certain elements,
and to disapprove other elements. The
plan elements that are being
disapproved are not required under the
Clean Air Act because they represent
revisions to previously-approved SIP
elements, and thus, the disapprovals
will not affect the requirements for the
State to have an approved SIP for these
SIP elements. Therefore, the
disapprovals do not trigger sanctions
clocks nor EPA’s obligation to
promulgate a Federal implementation
plan.
EPA is taking these actions under
provisions of the Clean Air Act
regarding EPA action on SIP submittals
and plan requirements for
nonattainment areas.
E:\FR\FM\10MRR1.SGM
10MRR1
]]>Agencies
[Federal Register Volume 74, Number 45 (Tuesday, March 10, 2009)]
[Rules and Regulations]
[Pages 10175-10176]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-5063]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF VETERANS AFFAIRS
38 CFR Part 2
RIN 2900-AN09
Delegations of Authority: Regulation Policy and Management
AGENCY: Department of Veterans Affairs.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This document amends the Department of Veterans Affairs (VA)
regulations that delegate authority to manage, direct, and coordinate
VA's rulemaking activities to certain officials. The amendments reflect
the Secretary of Veterans Affairs' decisions to designate the General
Counsel as the Department's Regulatory Policy Officer and to transfer
the Office of Regulation Policy and Management to the Office of the
General Counsel. These amendments are intended to provide VA with a
single point of contact who can respond to the Secretary's rulemaking
concerns.
DATES: Effective Date: March 10, 2009.
FOR FURTHER INFORMATION CONTACT: Robert C. McFetridge, Director,
Regulation Policy and Management (02REG), Office of the General
Counsel, U.S. Department of Veterans Affairs, 810 Vermont Avenue, NW.,
Washington, DC 20420, telephone (202) 461-4902. (This is not a toll-
free number.)
SUPPLEMENTARY INFORMATION: The Office of Regulation Policy and
Management (ORPM) was established to provide centralized management and
coordination for VA's decentralized rulemaking process. The head of
ORPM was designated as the Assistant to the
[[Page 10176]]
Secretary for Regulation Policy and Management (ASRPM) and served as
VA's Regulatory Policy Officer until the Deputy Secretary became VA's
Regulatory Policy Officer in accordance with Executive Order 13422,
which amended Executive Order 12866 (Regulatory Planning and Review) to
require that position to be filled by a Presidential appointee.
Subsequently, on June 10, 2008, the Secretary designated the General
Counsel as the Department's Regulatory Policy Officer and transferred
ORPM from the Office of the Secretary to the Office of the General
Counsel (OGC). ORPM's name and mission remain the same, but that office
is now in direct support of the General Counsel. The ASRPM has become
OGC's Director for Regulation Policy and Management to assist the
General Counsel in supervising VA's rulemaking process and VA's
compliance with Executive Order 12866.
This document removes the Secretary's delegations of rulemaking
authority to the ASRPM in 38 CFR 2.6(l) and adds provisions concerning
rulemaking authority in the delegations of authority to the General
Counsel in 38 CFR 2.6(e).
Administrative Procedure Act
This document pertains to agency organization and management.
Accordingly, its publication as a final rule with no delay in its
effective date is pursuant to 5 U.S.C. 553, which exempts such a
document from the notice-and-comment and delayed-effective-date
requirements of section 553.
Executive Order 12866
Because this document is limited to agency organization and
management, it is not within the definition of ``regulation'' in
section 3(d) of Executive Order 12866 and therefore not subject to that
Executive Order's requirements for regulatory actions.
Unfunded Mandates
The Unfunded Mandates Reform Act of 1995 requires, at 2 U.S.C.
1532, that agencies prepare an assessment of anticipated costs and
benefits before issuing any rule that may result in expenditure by
State, local, and tribal governments, in the aggregate, or by the
private sector, of $100 million or more (adjusted annually for
inflation) in any year. This rule will have no such effect on State,
local, and tribal governments, or on the private sector.
Paperwork Reduction Act of 1995
This document contains no provisions constituting a collection of
information under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-
3521).
Regulatory Flexibility Act
The initial and final regulatory flexibility analysis requirements
of sections 603 and 604 of the Regulatory Flexibility Act, 5 U.S.C.
601-612, are not applicable to this rule, because a notice of proposed
rulemaking is not required for this rule. Even so, the Secretary hereby
certifies that this regulatory amendment will not have a significant
economic impact on a substantial number of small entities as they are
defined in the Regulatory Flexibility Act. This amendment will not
directly affect any small entities. Therefore, this amendment is also
exempt pursuant to 5 U.S.C. 605(b) from the initial and final
regulatory flexibility analysis requirements of sections 603-604.
Catalog of Federal Domestic Assistance
There are no Catalog of Federal Domestic Assistance program numbers
for this rule.
List of Subjects in 38 CFR Part 2
Authority delegations (Government agencies).
Approved: February 24, 2009.
John R. Gingrich,
Chief of Staff, Department of Veterans Affairs.
0
For the reasons set forth in the preamble, VA amends 38 CFR part 2 as
follows:
PART 2--DELEGATIONS OF AUTHORITY
0
1. The authority citation for part 2 continues to read as follows:
Authority: 5 U.S.C. 302, 552a; 38 U.S.C. 501, 512, 515, 1729,
1729A, 5711; 44 U.S.C. 3702, and as noted in specific sections.
0
2. Amend Sec. 2.6 by:
0
a. Adding paragraph (e)(1).
0
b. Removing paragraph (l).
The addition reads as follows:
Sec. 2.6 Secretary's delegations of authority to certain officials
(38 U.S.C. 512).
* * * * *
(e) * * *
(1) The General Counsel is delegated authority to serve as the
Regulatory Policy Officer for the Department in accordance with
Executive Order 12866. The General Counsel, Deputy General Counsel, and
Director for Regulation Policy and Management are delegated authority
to manage, direct, and coordinate the Department's rulemaking
activities, including the revision and reorganization of regulations,
and to perform all functions necessary or appropriate under Executive
Order 12866 and other rulemaking requirements.
(Authority: 38 U.S.C. 501, 512)
* * * * *
[FR Doc. E9-5063 Filed 3-9-09; 8:45 am]
BILLING CODE 8320-01-P
