June 14, 2011 – Federal Register Recent Federal Regulation Documents

Results 101 - 134 of 134
Proposed Collection; Comment Request for Form 8924
Document Number: 2011-14612
Type: Notice
Date: 2011-06-14
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8924, Excise Tax on Certain Transfers of Qualifying Geothermal or Mineral Interests.
Proposed Collection; Comment Request for Regulation Project
Document Number: 2011-14611
Type: Notice
Date: 2011-06-14
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning limitations on net operating loss carry-forwards and certain built-in losses and credit following an ownership change of a consolidated group.
Proposed Collection; Comment Request for Regulation Project
Document Number: 2011-14610
Type: Notice
Date: 2011-06-14
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13(44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning electing small business trusts.
Proposed Collection; Comment Request for Regulation Project
Document Number: 2011-14609
Type: Notice
Date: 2011-06-14
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning low-income housing credit for Federally-assisted buildings (sec. 1.42- 2(d)).
Agency Information Collection Activities: Automated Clearinghouse
Document Number: 2011-14608
Type: Notice
Date: 2011-06-14
Agency: Department of Homeland Security, U.S. Customs and Border Protection
U.S. Customs and Border Protection (CBP) of the Department of Homeland Security will be submitting the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act: Automated Clearinghouse (CBP Form 400). This is a proposed extension of an information collection that was previously approved. CBP is proposing that this information collection be extended with a change to the burden hours. This document is published to obtain comments from the public and affected agencies. This proposed information collection was previously published in the Federal Register (76 FR 19121) on April 6, 2011, allowing for a 60-day comment period. This notice allows for an additional 30 days for public comments. This process is conducted in accordance with 5 CFR 1320.10.
Agency Information Collection Activities: Application for Waiver of Passport and/or Visa
Document Number: 2011-14607
Type: Notice
Date: 2011-06-14
Agency: Department of Homeland Security, Customs and Border Protection, U.S. Customs and Border Protection
U.S. Customs and Border Protection (CBP) of the Department of Homeland Security will be submitting the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act: Application for Waiver of Passport and/or Visa (DHS Form I-193). This is a proposed extension of an information collection that was previously approved. CBP is proposing that this information collection be extended with no change to the burden hours. This document is published to obtain comments from the public and affected agencies. This proposed information collection was previously published in the Federal Register (76 FR 17426) on March 29, 2011, allowing for a 60-day comment period. This notice allows for an additional 30 days for public comments. This process is conducted in accordance with 5 CFR 1320.10.
Suspension of Community Eligibility
Document Number: 2011-14606
Type: Rule
Date: 2011-06-14
Agency: Federal Emergency Management Agency, Department of Homeland Security
This rule identifies communities, where the sale of flood insurance has been authorized under the National Flood Insurance Program (NFIP), that are scheduled for suspension on the effective dates listed within this rule because of noncompliance with the floodplain management requirements of the program. If the Federal Emergency Management Agency (FEMA) receives documentation that the community has adopted the required floodplain management measures prior to the effective suspension date given in this rule, the suspension will not occur and a notice of this will be provided by publication in the Federal Register on a subsequent date.
Species Proposals for Consideration at the Sixteenth Regular Meeting of the Conference of the Parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora
Document Number: 2011-14605
Type: Notice
Date: 2011-06-14
Agency: Fish and Wildlife Service, Department of the Interior
We invite you to provide us with information and recommendations on animal and plant species that should be considered as candidates for U.S. proposals to amend Appendices I and II of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES or the Convention) at the upcoming sixteenth meeting of the Conference of the Parties (CoP16). Such amendments may concern the addition of species to Appendix I or II, the transfer of species from one Appendix to another, or the removal of species from Appendix II. Finally, with this notice, we also describe the U.S. approach to preparations for CoP16. We will publish a second Federal Register notice to solicit information and recommendations on possible resolutions, decisions, and agenda items for discussion at CoP16 and to provide information on how to request approved observer status.
Notice of Submission of Proposed Information Collection to OMB, Emergency Comment Request; Communities Challenge Planning Grant
Document Number: 2011-14602
Type: Notice
Date: 2011-06-14
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 emergency review and approval, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. This data collection is for applications received under the community Challenge Planning Grants Notice of Funding Availability.
Notice of Submission of Proposed Information Collection to OMB; Emergency Comment Request; Notice of Funding Availability (NOFA) for Fiscal Year 2010 Limited English Proficiency Initiative (LEPI) Program; Notice of Proposed Information Collection for Public Comment
Document Number: 2011-14601
Type: Notice
Date: 2011-06-14
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 emergency review and approval, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Notice of Proposed Information Collection; Comment Request, Entitlement and State Community Development Block (CDBG) Program
Document Number: 2011-14600
Type: Notice
Date: 2011-06-14
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be 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.
Delegation of Authority to the Chief Operating Officer
Document Number: 2011-14599
Type: Notice
Date: 2011-06-14
Agency: Department of Housing and Urban Development
In this notice, the Deputy Secretary delegates to the Chief Operating Officer all management and supervisory authority for the following offices: the Chief Information Officer (CIO); the Chief Human Capital Officer (CHCO); the Chief Procurement Officer (CPO); the Director of Field Policy Management (FPM); the Director of the Office of Strategic Planning and Management; and the Chief Disaster and National Security Officer.
Funding Opportunity Title: Risk Management Education and Outreach Partnerships Program; Announcement Type: Announcement of Availability of Funds and Request for Application for Competitive Cooperative Partnership Agreements
Document Number: 2011-14596
Type: Notice
Date: 2011-06-14
Agency: Department of Agriculture, Federal Crop Insurance Corporation
The Federal Crop Insurance Corporation (FCIC), operating through the Risk Management Agency (RMA), announces its intent to award approximately $3,500,000 (subject to availability of funds) to fund the Risk Management Education and Outreach Partnerships Program. This Request for Applications (RFA) Announcement is for a combination of the programs previously known as the ``Commodity Partnerships for Small Agricultural Risk Management Education Sessions'' and the ``Community Outreach and Assistance Partnerships Program.'' The purpose of this combined cooperative partnership agreements program is to deliver crop insurance education and risk management training to U.S. agricultural producers to assist them in identifying and managing production, marketing, legal, financial and human risk. The program gives priority to: (1) Educating producers of crops currently not insured under Federal crop insurance, specialty crops, and underserved commodities, including livestock and forage; and (2) providing collaborative outreach and assistance programs for limited resource, socially disadvantaged and other traditionally underserved farmers and ranchers. The minimum award for any cooperative partnership agreement is $20,000. The maximum award for any cooperative partnership agreement is $100,000. The cooperative partnership agreements will be awarded on a competitive basis up to one year from the date of the award. Awardees must demonstrate non-financial benefits from a cooperative partnership agreement and must agree to the substantial involvement of RMA in the project. Funding availability for this program may be announced at approximately the same time as funding availability for similar but separate programs:CFDA No. 10.458 (Crop Insurance Education in Targeted States). Prospective applicants should carefully examine and compare the notices of each announcement. The collections of information in this Announcement have been approved by OMB under control numbers 0563-0066 and 0563-0067.
Oklahoma Disaster #OK-00050
Document Number: 2011-14595
Type: Notice
Date: 2011-06-14
Agency: Small Business Administration, Agencies and Commissions
This is a Notice of the Presidential declaration of a major disaster for the State of Oklahoma (FEMA-1989-DR), dated 06/06/2011. Incident: Severe Storms, Tornadoes, Straight-line Winds, and Flooding. Incident Period: 05/22/2011 through 05/25/2011. Effective Date: 06/06/2011. Physical Loan Application Deadline Date: 08/05/2011. Economic Injury (EIDL) Loan Application Deadline Date: 03/06/2012.
Classified National Security Information
Document Number: 2011-14593
Type: Notice
Date: 2011-06-14
Agency: Marine Mammal Commission, Agencies and Commissions
This notice sets out the establishment of the Marine Mammal Commission's (MMC) policy on classified information, as directed by Information Security Oversight Office regulations.
Amendment of Class E Airspace; Waynesboro, VA
Document Number: 2011-14590
Type: Rule
Date: 2011-06-14
Agency: Federal Aviation Administration, Department of Transportation
This action amends the Class E Airspace at Waynesboro, VA, to accommodate the additional airspace need for the Standard Instrument Approach Procedures developed for Eagle's Nest Airport. This action enhances the safety and management of Instrument Flight Rules (IFR) operations at the airport. Also, the geographic coordinates for the airport will be corrected.
Agency Information Collection Activities: Proposed Collection; Comment Request
Document Number: 2011-14589
Type: Notice
Date: 2011-06-14
Agency: Nuclear Regulatory Commission, Agencies and Commissions
The NRC invites public comment about our intention to request the OMB's approval for renewal of an existing information collection that is summarized below. We are required to publish this notice in the Federal Register under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35). Information pertaining to the requirement to be submitted: 1. The title of the information collection: NRC Form 445, Request for Approval of Official Foreign Travel. 2. Current OMB approval number: 3150-0193. 3. How often the collection is required: On occasion. 4. Who is required or asked to report: Non-Federal consultants, contractors and NRC invited travelers (i.e., non-NRC employees). 5. The number of annual respondents: 50. 6. The number of hours needed annually to complete the requirement or request: 50. 7. Abstract: Form 445, ``Request for Approval of Foreign Travel,'' is supplied by consultants, contractors, and NRC invited travelers who must travel to foreign countries in the course of conducting business for the NRC. In accordance with 48 CFR 20, ``NRC Acquisition Regulation,'' contractors traveling to foreign countries are required to complete this form. The information requested includes the name of the Office Director/Regional Administrator or Chairman, as appropriate, the traveler's identifying information, purpose of travel, listing of the trip coordinators, other NRC travelers and contractors attending the same meeting, and a proposed itinerary. Submit, by August 15, 2011, comments that address the following questions: 1. Is the proposed collection of information necessary for the NRC to properly perform its functions? Does the information have practical utility? 2. Is the burden estimate accurate? 3. Is there a way to enhance the quality, utility, and clarity of the information to be collected? 4. How can the burden of the information collection be minimized, including the use of automated collection techniques or other forms of information technology? The public may examine and have copied for a fee publicly available documents, including the draft supporting statement, at the NRC's Public Document Room, Room O-1F21, One White Flint North, 11555 Rockville Pike, Rockville, Maryland 20852. OMB clearance requests are available at the NRC Web site: https://www.nrc.gov/public-involve/doc- comment/omb/. The document will be available on the NRC home page site for 60 days after the signature date of this notice. Comments submitted in writing or in electronic form will be made available for public inspection. Because your comments will not be edited to remove any identifying or contact information, the NRC cautions you against including any information in your submission that you do not want to be publicly disclosed. Comments submitted should reference Docket No. NRC- 2011-0123. You may submit your comments by any of the following methods. Electronic comments: Go to https://www.regulations.gov and search for Docket No. NRC-2011-0123. Mail comments to NRC Clearance Officer, Tremaine Donnell (T-5 F53), U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001. Questions about the information collection requirements may be directed to the NRC Clearance Officer, Tremaine Donnell (T-5 F53), U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001, by telephone at 301-415-6258, or by e-mail to: INFOCOLLECTS.Resource@NRC.GOV.
Proposed Information Collection Activity; Comment Request
Document Number: 2011-14584
Type: Notice
Date: 2011-06-14
Agency: Department of Health and Human Services, Administration for Children and Families, Children and Families Administration
Ammonium Nitrate From Russia; Scheduling of an expedited five-year review concerning the antidumping duty order on ammonium nitrate From Russia
Document Number: 2011-14582
Type: Notice
Date: 2011-06-14
Agency: International Trade Commission, Agencies and Commissions
The Commission hereby gives notice of the scheduling of an expedited review pursuant to section 751(c)(3) of the Tariff Act of 1930 (19 U.S.C. 1675(c)(3)) (the Act) to determine whether revocation of the antidumping duty order on ammonium nitrate from Russia would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. For further information concerning the conduct of this review and rules of general application, consult the Commission's Rules of Practice and Procedure, part 201, subparts A through E (19 CFR part 201), and part 207, subparts A, D, E, and F (19 CFR part 207).
Beneficial Ownership Reporting Requirements and Security-Based Swaps
Document Number: 2011-14572
Type: Rule
Date: 2011-06-14
Agency: Securities and Exchange Commission, Agencies and Commissions
We are readopting without change the relevant portions of Rules 13d-3 and 16a-1. Readoption of these provisions will preserve the application of our existing beneficial ownership rules to persons who purchase or sell security-based swaps after the effective date of new Section 13(o) of the Securities Exchange Act of 1934. Section 13(o) provides that a person shall be deemed a beneficial owner of an equity security based on the purchase or sale of a security-based swap only to the extent we adopt rules after making certain determinations with respect to the purchase or sale of security-based swaps. After making the necessary determinations, we are readopting the relevant portions of Rules 13d-3 and 16a-1 to confirm that, following the July 16, 2011 statutory effective date of Section 13(o), persons who purchase or sell security-based swaps will remain within the scope of these rules to the same extent as they are now.
Protection of Stratospheric Ozone: Request for Methyl Bromide Critical Use Exemption Applications for 2014
Document Number: 2011-14571
Type: Notice
Date: 2011-06-14
Agency: Environmental Protection Agency
EPA is soliciting applications for the critical use exemption from the phaseout of methyl bromide for 2014. Critical use exemptions last only one year. All entities interested in obtaining a critical use exemption for 2014 must provide EPA with technical and economic information to support a ``critical use'' claim and must do so by the deadline specified in this notice even if they have applied for an exemption in previous years. Today's notice also invites interested parties to provide EPA with new data on the technical and economic feasibility of methyl bromide alternatives.
Arkansas Midland Railroad Company, Inc., Trackage Rights Exemption; Caddo Valley Railroad Company
Document Number: 2011-14558
Type: Notice
Date: 2011-06-14
Agency: Surface Transportation Board, Department of Transportation
Washington, DC Metropolitan Area Special Flight Rules Area; OMB Approval of Information Collection
Document Number: 2011-14552
Type: Rule
Date: 2011-06-14
Agency: Federal Aviation Administration, Department of Transportation
This document notifies the public of a change in the Office of Management and Budget's approval control number for certain information collection. The rule titled ``Washington, DC Metropolitan Area Special Flight Rules Area'' was published on December 16, 2008. At that time, the final rule identified OMB Control Number 2120-0706 as the approval document for the flight plans and other information collected under that rule. That information collection, however, is accounted for under OMB Control Number 2120-0026.
Approval and Promulgation of Air Quality Implementation Plans; State of California; Interstate Transport
Document Number: 2011-14479
Type: Rule
Date: 2011-06-14
Agency: Environmental Protection Agency
EPA is approving the California Regional Haze Plan (``CRHP''), a revision to the California State Implementation Plan (``SIP'') addressing Clean Air Act (``CAA'' or ``Act'') requirements and EPA's rules for states to prevent and remedy future and existing anthropogenic impairment of visibility in mandatory Class I areas through a regional haze program. Regional haze is caused by emissions of air pollutants from many sources located over a wide geographic area. Also, EPA is approving certain portions of the CRHP and the ``Interstate Transport State Implementation Plan (SIP) for 8-hour Ozone and PM2.5 to satisfy the Requirements of Clean Air Act section 110(a)(2)(D)(i) for the State of California'' (``2007 Transport SIP''), submitted by California on November 16, 2007, as meeting the requirements of CAA Section 110(a)(2)(D)(i)(II) regarding interference with other states' measures to protect visibility for the 1997 8-hour ozone and 1997 particulate matter (PM2.5) National Ambient Air Quality Standards (NAAQS). EPA proposed to approve these SIP revisions on March 15, 2011 (76 FR 13944).
Domestic Dates Produced or Packed in Riverside County, CA; Proposed Amendments to Marketing Order
Document Number: 2011-14429
Type: Proposed Rule
Date: 2011-06-14
Agency: Agricultural Marketing Service, Department of Agriculture
Five amendments to Marketing Agreement and Order No.987 which regulates the handling of domestic dates produced or packed in Riverside County, California, were proposed by the California Date Administrative Committee (CDAC or committee), which is responsible for local administration of the order. These proposed amendments are intended to improve administration of and compliance with the order and reflect current industry practices. In addition to the committee's proposals, the Agricultural Marketing Service (AMS) proposes to further amend the order by providing for a continuance referendum every six years, and by establishing term limits of up to six consecutive years for committee members. These proposals would allow producers to indicate continued support for the order and provide all interested industry members the opportunity to serve on the committee.
Agency Forms Undergoing Paperwork Reduction Act Review
Document Number: 2011-14422
Type: Notice
Date: 2011-06-14
Agency: Centers for Disease Control and Prevention, Department of Health and Human Services
Privacy Act of 1974: Implementation of Exemptions; Department of Homeland Security/National Protection and Programs Directorate-002 Chemical Facility Anti-Terrorism Standards Personnel Surety Program System of Records
Document Number: 2011-14386
Type: Proposed Rule
Date: 2011-06-14
Agency: Office of the Secretary, Department of Homeland Security
The Department of Homeland Security is giving concurrent notice of a newly established system of records pursuant to the Privacy Act of 1974 for the Department of Homeland Security/National Protection and Programs Directorate002 Chemical Facility Anti-Terrorism Standards Personnel Surety Program System of Records and this proposed rulemaking. In this proposed rulemaking, the Department proposes to exempt portions of the system of records from one or more provisions of the Privacy Act because of criminal, civil, and administrative enforcement requirements.
Privacy Act of 1974; Department of Homeland Security/National Protection and Programs Directorate-002 Chemical Facility Anti-Terrorism Standards Personnel Surety Program System of Records
Document Number: 2011-14383
Type: Notice
Date: 2011-06-14
Agency: Office of the Secretary, Department of Homeland Security
In accordance with the Privacy Act of 1974, the Department of Homeland Security proposes to establish a new system of records notice titled, ``Department of Homeland Security/National Protection and Programs Directorate002 Chemical Facility Anti-Terrorism Standards Personnel Surety Program System of Records.'' This new system of records collects information on individuals,facility personnel and unescorted visitorswho have or are seeking access to restricted areas and critical assets at high risk chemical facilities and compares this information to the Terrorist Screening Database, the terrorist watchlist maintained by the Federal Bureau of Investigation's Terrorist Screening Center. The Department of Homeland Security is issuing a Notice of Proposed Rulemaking concurrently with this system of records elsewhere in the Federal Register to exempt portions of the system of records from one or more provisions of the Privacy Act because of criminal, civil, and administrative enforcement requirements. This newly established system of records will be included in the Department of Homeland Security's inventory of record systems.
Chemical Facility Anti-Terrorism Standards Personnel Surety Program
Document Number: 2011-14382
Type: Notice
Date: 2011-06-14
Agency: Department of Homeland Security
The Department of Homeland Security (DHS or the Department), National Protection and Programs Directorate (NPPD), Office of Infrastructure Protection (IP), Infrastructure Security Compliance Division (ISCD) has submitted an information collection request (ICR) to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995 (PRA). The information collection is a new information collection. A 60-day public notice for comments was previously published in the Federal Register on June 10, 2009, at 74 FR 27555. A 30-day public notice for comments was published in the Federal Register on April 13, 2010, at 75 FR 18850. In the 30-day notice the Department responded to comments received during the 60-day comment period. This notice responds to comments received during the 30-day notice. This process is conducted in accordance with 5 CFR 1320.8.
Wyoming Regulatory Program
Document Number: 2011-14310
Type: Rule
Date: 2011-06-14
Agency: Department of the Interior, Office of Surface Mining Reclamation and Enforcement, Surface Mining Reclamation and Enforcement Office
We are issuing a final decision on an amendment to the Wyoming regulatory program (the ``Wyoming program'') under the Surface Mining Control and Reclamation Act of 1977 (``SMCRA'' or ``the Act''). Our decision approves in part, disapproves in part and defers in part the amendment. Wyoming proposed to amend Chapters 1, 2, 4, 5, and Appendix A of the Land Quality Division (LQD) Coal Rules and Regulations to address required program amendments and other deficiencies identified by OSMRE, and to improve and clarify rules relating to requirements for vegetation measurements and performance standards. Specifically, the proposed changes clarify baseline vegetation requirements and revegetation reclamation plan requirements, clarify revegetation success standards and codify normal husbandry practices, reorganize and clarify species diversity and shrub density requirements, and revise and add definitions supporting those proposed changes. Wyoming also proposed changes to its rules in Chapters 2, 4, and 5 regarding cultural and historic resources, prime farmland, siltation structures and impoundments, and operator information. Wyoming revised its program to be consistent with the corresponding Federal regulations and SMCRA, clarify ambiguities, and improve operational efficiency.
Implementation of OMB Guidance on Drug-Free Workplace Requirements
Document Number: 2011-14243
Type: Rule
Date: 2011-06-14
Agency: Agency for International Development, Agencies and Commissions
The U.S. Agency for International Development (USAID) is removing its regulation implementing the Government-wide common rule on drug-free workplace requirements for financial assistance, currently located within Part 210 of Title 22 of the Code of Federal Regulations (CFR), and issuing a new regulation to adopt the Office of Management and Budget (OMB) guidance at 2 CFR part 182. This regulatory action implements the OMB's initiative to streamline and consolidate into one title of the CFR all federal regulations on drug-free workplace requirements for financial assistance. These changes constitute an administrative simplification that would make no substantive change in USAID policy or procedures for drug-free workplace.
Bankruptcy Filing Date Treated as Plan Termination Date for Certain Purposes; Guaranteed Benefits; Allocation of Plan Assets; Pension Protection Act of 2006
Document Number: 2011-14241
Type: Rule
Date: 2011-06-14
Agency: Pension Benefit Guaranty Corporation, Agencies and Commissions
This final rule implements section 404 of the Pension Protection Act of 2006. Section 404 amended Title IV of ERISA to provide that when an underfunded, PBGC-covered, single-employer pension plan terminates while its contributing sponsor is in bankruptcy, sections 4022 and 4044(a)(3) of ERISA are applied by treating the date the sponsor's bankruptcy petition was filed as the termination date of the plan. Section 4022 determines which benefits are guaranteed by PBGC, and section 4044(a)(3) determines which benefits are entitled to priority in ``priority category 3'' in the statutory hierarchy for allocating the assets of a terminated plan. Thus, under the 2006 amendments, when a plan terminates while the sponsor is in bankruptcy, the amount of benefits guaranteed by PBGC and the amount of benefits in priority category 3 are fixed at the date of the bankruptcy filing rather than at the plan termination date. In most cases, this reduces the amount of guaranteed benefits and the amount of benefits in priority category 3.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.