Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs: Delay of Effective Date, 13339-13340 [E9-6942]

Download as PDF Federal Register / Vol. 74, No. 58 / Friday, March 27, 2009 / Rules and Regulations (j) Contact Terry Fahr, Aerospace Engineer, Boston Aircraft Certification Office, FAA, Engine & Propeller Directorate, 12 New England Executive Park, Burlington, MA 01803; e-mail: terry.fahr@faa.gov; telephone (781) 238–7155; fax (781) 238–7170, for more information about this AD. TABLE 1—AFFECTED PROPELLER BLADES BY SN—Continued 278 403 747 1007 1031 1510 1515 1803 1813 1823 1834 1917 2072 2299 2300 2383 2459 2460 2462 2464 2469 2470 2473 2492 2510 2535 2577 2625 20010731 20010732 20010917 20020568 Material Incorporated by Reference (k) None. Issued in Burlington, Massachusetts, on March 20, 2009. Peter A. White, Assistant Manager, Engine and Propeller Directorate, Aircraft Certification Service. [FR Doc. E9–6876 Filed 3–26–09; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 24 CFR Parts 5, 92, and 908 [Docket No. FR–4998–F–04] RIN 2501–AD16 Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs: Delay of Effective Date Compliance (e) You are responsible for having the actions required by this AD performed within 30 days after the effective date of this AD. Removing Blades P/Ns R815505R2, R815505R3, R815505R4, R815505S2, and R815505S3 (f) Remove from service blades, P/Ns R815505R2, R815505R3, R815505R4, R815505S2, and R815505S3, that have a SN listed in Table 1 of this AD. Alternative Methods of Compliance (g) The Manager, Boston Aircraft Certification Office, has the authority to approve alternative methods of compliance for this AD if requested using the procedures found in 14 CFR 39.19. sroberts on PROD1PC70 with RULES Special Flight Permits (h) Under 14 CFR 39.23, we will not issue any special flight permits. Related Information (i) Hamilton Sundstrand Alert Service Bulletin 568F–61–A47, dated September 19, 2005, pertains to the subject of this AD Contact Hamilton Sundstrand Propeller Technical Team, One Hamilton Road, Mail Stop 1–3–AB43, Windsor Locks, CT 06096– 1010; fax (860) 654–5107, for a copy of this service information. VerDate Nov<24>2008 15:28 Mar 26, 2009 Office of the Secretary, HUD. Final rule; Delay of effective AGENCY: Unsafe Condition (d) This AD results from reports of blades with corrosion pits in the tulip area of the blades. We are issuing this AD to prevent cracks from developing in the tulip area of the blade, which could result in separation of the blade and loss of airplane control. Jkt 217001 ACTION: date. SUMMARY: HUD is delaying the effective date of the rule entitled ‘‘Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs’’ published in the Federal Register on January 27, 2009. The rule, which was originally scheduled to become effective on March 30, 2009, will become effective on September 30, 2009. Today’s action follows publication of HUD’s February 11, 2009, Federal Register notice seeking public comment on whether delay in the effective date of the January 27, 2009, final rule, would be beneficial in further consideration of the rule’s policies. This action is being taken in accordance with the memorandum of January 20, 2009, from the assistant to the President and Chief of Staff, entitled ‘‘Regulatory Review.’’ DATES: Effective Date: The effective date of the final rule, which was published on January 27, 2009 (74 FR 4832) is delayed until September 30, 2009. FOR FURTHER INFORMATION CONTACT: For Office of Public and Indian Housing programs, contact Nicole Faison, Director of the Office of Public Housing Programs, Department of Housing and Urban Development, 451 7th Street, SW., Room 4226, Washington, DC 20410, telephone number 202–708– PO 00000 Frm 00027 Fmt 4700 Sfmt 4700 13339 0744. For Office of Housing Programs, contact Gail Williamson, Director of the Housing Assistance Policy Division, Department of Housing and Urban Development, 451 7th Street, SW., Room 6138, Washington, DC 20410, telephone number 202–402–2473. (These are not toll-free numbers.) Persons with hearing or speech impairments may access these numbers through TTY by calling the toll-free Federal Information Relay Service at 800–877–8339. SUPPLEMENTARY INFORMATION: I. Background On January 27, 2009 (74 FR 4832), HUD published a final rule, entitled ‘‘Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs.’’ The January 27, 2009, final rule revises HUD’s public and assisted housing program regulations to implement the upfront income verification process for program participants and to require the use of HUD’s Enterprise Income Verification (EIV) system by public housing agencies and owners and management agents. The final rule was originally scheduled to become effective on March 30, 2009, but provided multifamily housing owners and management agents with an additional six months (until September 30, 2009) to implement use of the EIV. On February 11, 2009 (74 FR 6839), HUD published a notice in the Federal Register seeking public comment on whether delay in the effective date of the January 27, 2009, final rule, would be beneficial to further consider the rule’s policies before they become effective. The notice was issued in accordance with the memorandum of January 20, 2009, from the assistant to the President and Chief of Staff, entitled ‘‘Regulatory Review’’ and subsequently published in the Federal Register on January 26, 2009 (74 FR 4435). The notice explained that HUD was considering a temporary 60-day delay in the effective date to allow HUD officials the opportunity for further review and consideration of new regulations, consistent with the Chief of Staff memorandum of January 20, 2009. In addition to seeking public comment, in the February 11, 2009, notice HUD took the opportunity to address questions received subsequent to publication of the January 27, 2009, final rule pertaining to the provisions requiring the use of social security numbers for determining program eligibility. The February 11, 2009, notice clarified that these requirements are not intended to apply to individuals, in mixed families, who do not contend E:\FR\FM\27MRR1.SGM 27MRR1 13340 Federal Register / Vol. 74, No. 58 / Friday, March 27, 2009 / Rules and Regulations eligible immigration status under HUD’s noncitizens regulations, nor do they interfere with existing requirements relative to proration of assistance or screening for such families, or authorize their eviction or denial of admission on the basis of the new requirements pertaining to obtaining social security numbers. The February 11, 2009, notice solicited comments specifically on a delayed effective date, but also generally on the January 27, 2009 final rule. HUD received approximately 50 comments in response to the February 11, 2009, notice. The majority of comments were supportive of a delayed effective date. The majority of the commenters also raised additional questions and comments about various aspects of the January 27, 2009, final rule. II. This Final Rule sroberts on PROD1PC70 with RULES Through this final rule, HUD delays the effective date of the January 27, 2009, final rule until September 30, 2009. A delay until September 30, 2009 will provide HUD with additional time to review the public comments received in response to the February 11, 2009, notice, respond to those comments in a subsequent publication, and consider whether additional regulations or changes to the regulations in the January 27, 2009, final rule are necessary or appropriate. Since September 30, 2009, is the date in the January 27, 2009, final rule for multifamily housing owners and management agents to implement the use of EIV, the Department has determined not to provide additional delay in implementation in the use of EIV for multifamily housing owners and management agents as provided in the January 27, 2009, final rule. The implementation date for public housing agencies, multifamily housing owners, and management agents will now all be the same as the new effective date, September 30, 2009. Should HUD determine that additional rulemaking is necessary or appropriate, HUD will provide the public with the opportunity to comment on any proposed changes to the regulations in the January 27, 2009, final rule. Dated: March 24, 2009. Paula O. Blunt, General Deputy Assistant Secretary for Public and Indian Housing. [FR Doc. E9–6942 Filed 3–26–09; 8:45 am] BILLING CODE 4210–67–P VerDate Nov<24>2008 15:28 Mar 26, 2009 Jkt 217001 DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 Determination of Interest Expense Deduction of Foreign Corporations CFR Correction In Title 26 of the Code of Federal Regulations, Part 1 (§§ 1.851 to 1.907), revised as of April 1, 2008, on page 436, in § 1.882–5, reinstate paragraph (d)(2)(ii)(B) to read as follows: § 1.882–5 Determination of interest deduction. * * * * * (d) * * * (2) * * * (ii) * * * (B) Identified liabilities not properly reflected. A liability is not properly reflected on the books of the U.S. trade or business merely because a foreign corporation identifies the liability pursuant to § 1.884–4(b)(1)(ii) and (b)(3). * * * * * [FR Doc. E9–6944 Filed 3–26–09; 8:45 am] BILLING CODE 1505–01–D Background The final regulations that are the subject of this document are under section 367(a) of the Internal Revenue Code. Need for Correction The final regulations (TD 9446) that were published in the Federal Register on February 11, 2009 (74 FR 6952), inadvertently removed Treas. Reg. § 1.367(a)–3T in its entirety rather than removing § 1.367(a)–3T(e), (f)(1), (f)(2), and the second sentence of § 1.367(a)– 3T(f)(3). This document correctly adds the text of § 1.367(a)–3T back into the Code of Federal Regulations. 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 amendments: ■ 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 * * * DEPARTMENT OF THE TREASURY Internal Revenue Service § 1.367(a)–3T Treatment of transfers of stock or securities to foreign corporations (temporary). 26 CFR Part 1 [TD 9446] RIN 1545–BGO9 Gain Recognition Agreements With Respect to Certain Transfers of Stock or Securities by United States Persons to Foreign Corporations; Correction AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Correcting amendments. SUMMARY: This document contains corrections to final regulations (TD 9446) that were published in the Federal Register on Wednesday, February 11, 2009 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 on March 27, 2009, and is applicable on March 13, 2009. FOR FURTHER INFORMATION CONTACT: S. James Hawes, (202) 622–3860 (not a tollfree number). SUPPLEMENTARY INFORMATION: PO 00000 Frm 00028 Fmt 4700 Par. 2. Section 1.367(a)–3T is added to read as follows: ■ Sfmt 4700 (a) through (b)(2)(i)(B) [Reserved]. For further guidance, see § 1.367(a)–3(a) through (b)(2)(i)(B). (b)(2)(i)(C) If in connection with a transaction described in § 1.367(b)–14T, one or more U.S. persons transfer stock of T, as defined in § 1.358–6(b)(1)(iii), to a corporation in a transfer described in section 367(a), and the amount of gain in the T stock that would otherwise be recognized under section 367(a) is less than the deemed distribution that would result from the adjustments made under § 1.367(b)–14T and that would be treated as a dividend under section 301(c)(1), then section 367(b), and not section 367(a), shall apply to such transaction. This paragraph (b)(2)(i)(C) applies to transfers occurring on or after May 23, 2008. (b)(2)(ii) through (f) [Reserved]. For further guidance, see § 1.367(a)– 3(b)(2)(ii) through (f). (g) Effective/applicability date. Paragraph (b)(2)(i)(C) of this section applies to transfers occurring on or after May 23, 2008. (h) Expiration date. The applicability of paragraph (b)(2)(i)(C) of this section expires on May 23, 2011. E:\FR\FM\27MRR1.SGM 27MRR1

Agencies

[Federal Register Volume 74, Number 58 (Friday, March 27, 2009)]
[Rules and Regulations]
[Pages 13339-13340]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-6942]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

24 CFR Parts 5, 92, and 908

[Docket No. FR-4998-F-04]
RIN 2501-AD16


Refinement of Income and Rent Determination Requirements in 
Public and Assisted Housing Programs: Delay of Effective Date

AGENCY: Office of the Secretary, HUD.

ACTION: Final rule; Delay of effective date.

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

SUMMARY: HUD is delaying the effective date of the rule entitled 
``Refinement of Income and Rent Determination Requirements in Public 
and Assisted Housing Programs'' published in the Federal Register on 
January 27, 2009. The rule, which was originally scheduled to become 
effective on March 30, 2009, will become effective on September 30, 
2009. Today's action follows publication of HUD's February 11, 2009, 
Federal Register notice seeking public comment on whether delay in the 
effective date of the January 27, 2009, final rule, would be beneficial 
in further consideration of the rule's policies. This action is being 
taken in accordance with the memorandum of January 20, 2009, from the 
assistant to the President and Chief of Staff, entitled ``Regulatory 
Review.''

DATES: Effective Date: The effective date of the final rule, which was 
published on January 27, 2009 (74 FR 4832) is delayed until September 
30, 2009.

FOR FURTHER INFORMATION CONTACT: For Office of Public and Indian 
Housing programs, contact Nicole Faison, Director of the Office of 
Public Housing Programs, Department of Housing and Urban Development, 
451 7th Street, SW., Room 4226, Washington, DC 20410, telephone number 
202-708-0744. For Office of Housing Programs, contact Gail Williamson, 
Director of the Housing Assistance Policy Division, Department of 
Housing and Urban Development, 451 7th Street, SW., Room 6138, 
Washington, DC 20410, telephone number 202-402-2473. (These are not 
toll-free numbers.) Persons with hearing or speech impairments may 
access these numbers through TTY by calling the toll-free Federal 
Information Relay Service at 800-877-8339.

SUPPLEMENTARY INFORMATION: 

I. Background

    On January 27, 2009 (74 FR 4832), HUD published a final rule, 
entitled ``Refinement of Income and Rent Determination Requirements in 
Public and Assisted Housing Programs.'' The January 27, 2009, final 
rule revises HUD's public and assisted housing program regulations to 
implement the upfront income verification process for program 
participants and to require the use of HUD's Enterprise Income 
Verification (EIV) system by public housing agencies and owners and 
management agents. The final rule was originally scheduled to become 
effective on March 30, 2009, but provided multifamily housing owners 
and management agents with an additional six months (until September 
30, 2009) to implement use of the EIV.
    On February 11, 2009 (74 FR 6839), HUD published a notice in the 
Federal Register seeking public comment on whether delay in the 
effective date of the January 27, 2009, final rule, would be beneficial 
to further consider the rule's policies before they become effective. 
The notice was issued in accordance with the memorandum of January 20, 
2009, from the assistant to the President and Chief of Staff, entitled 
``Regulatory Review'' and subsequently published in the Federal 
Register on January 26, 2009 (74 FR 4435). The notice explained that 
HUD was considering a temporary 60-day delay in the effective date to 
allow HUD officials the opportunity for further review and 
consideration of new regulations, consistent with the Chief of Staff 
memorandum of January 20, 2009.
    In addition to seeking public comment, in the February 11, 2009, 
notice HUD took the opportunity to address questions received 
subsequent to publication of the January 27, 2009, final rule 
pertaining to the provisions requiring the use of social security 
numbers for determining program eligibility. The February 11, 2009, 
notice clarified that these requirements are not intended to apply to 
individuals, in mixed families, who do not contend

[[Page 13340]]

eligible immigration status under HUD's noncitizens regulations, nor do 
they interfere with existing requirements relative to proration of 
assistance or screening for such families, or authorize their eviction 
or denial of admission on the basis of the new requirements pertaining 
to obtaining social security numbers.
    The February 11, 2009, notice solicited comments specifically on a 
delayed effective date, but also generally on the January 27, 2009 
final rule. HUD received approximately 50 comments in response to the 
February 11, 2009, notice. The majority of comments were supportive of 
a delayed effective date. The majority of the commenters also raised 
additional questions and comments about various aspects of the January 
27, 2009, final rule.

II. This Final Rule

    Through this final rule, HUD delays the effective date of the 
January 27, 2009, final rule until September 30, 2009. A delay until 
September 30, 2009 will provide HUD with additional time to review the 
public comments received in response to the February 11, 2009, notice, 
respond to those comments in a subsequent publication, and consider 
whether additional regulations or changes to the regulations in the 
January 27, 2009, final rule are necessary or appropriate. Since 
September 30, 2009, is the date in the January 27, 2009, final rule for 
multifamily housing owners and management agents to implement the use 
of EIV, the Department has determined not to provide additional delay 
in implementation in the use of EIV for multifamily housing owners and 
management agents as provided in the January 27, 2009, final rule. The 
implementation date for public housing agencies, multifamily housing 
owners, and management agents will now all be the same as the new 
effective date, September 30, 2009. Should HUD determine that 
additional rulemaking is necessary or appropriate, HUD will provide the 
public with the opportunity to comment on any proposed changes to the 
regulations in the January 27, 2009, final rule.

    Dated: March 24, 2009.
 Paula O. Blunt,
General Deputy Assistant Secretary for Public and Indian Housing.
[FR Doc. E9-6942 Filed 3-26-09; 8:45 am]
BILLING CODE 4210-67-P
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