Protections for Subjects in Human Research Involving Pesticides; Notification of Submission to the Secretary of Agriculture, 71880-71881 [2011-29910]
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71880
Federal Register / Vol. 76, No. 224 / Monday, November 21, 2011 / Rules and Regulations
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distributes the $100 of cash to J in
liquidation. Pursuant to § 1.368–2(l),
Corporation Y will be deemed to issue a
nominal share of Corporation Y stock to
Corporation X in addition to the $100 of cash
actually exchanged for the Corporation X
assets, and Corporation X will be deemed to
distribute all of the consideration to J. J will
have a basis of $50 in the nominal share of
Corporation Y stock under section 358(a).
(ii) Analysis. Under paragraph (a)(2)(iii) of
this section, J is the actual shareholder of
Corporation Y, the issuing corporation,
deemed to receive the nominal share of
Corporation Y stock described in § 1.368–2(l).
Therefore, J must designate any share of
Corporation Y stock to which the basis of $50
in the nominal share of Corporation Y stock
will attach.
Example 16. (i) Facts. Each of Corporation
X and Corporation Y has a single class of
stock outstanding, all of which is owned by
Corporation P. Corporation T has a single
class of stock outstanding, all of which is
owned by Corporation X. The corporations
do not join in the filing of a consolidated
return. Corporation X acquired 100 shares of
Corporation T stock on Date 1 for $1.50 each.
On Date 2, Corporation Y acquires the assets
of Corporation T for $100 of cash, their fair
market value, in a transaction described in
§ 1.368–2(l). Pursuant to the terms of the
exchange, Corporation T does not receive any
Corporation Y stock. Corporation T
distributes the $100 of cash to Corporation X
in liquidation. Pursuant to § 1.368–2(l),
Corporation Y will be deemed to issue a
nominal share of Corporation Y stock to
Corporation T in addition to the $100 of cash
actually exchanged for the Corporation T
assets, and Corporation T will be deemed to
distribute all of the consideration to
Corporation X. Corporation X will have a
basis of $50 in the nominal share of
Corporation Y stock under section 358(a).
Corporation X will be deemed to distribute
the nominal share of Corporation Y stock to
Corporation P. Corporation X does not
recognize the loss on the deemed distribution
of the nominal share to Corporation P under
section 311(a). Corporation P’s basis in the
nominal share is zero, its fair market value,
under section 301(d).
(ii) Analysis. Corporation X is deemed to
receive the nominal share of Corporation Y
stock described in § 1.368–2(l). However,
under paragraph (a)(2)(iii) of this section,
Corporation X is not an actual shareholder of
Corporation Y, the issuing corporation.
Therefore, Corporation X cannot designate
any share of Corporation Y stock to which
the basis, if any, of the nominal share of
Corporation Y stock will attach. Furthermore,
Corporation P cannot designate a share of
Corporation Y stock to which basis will
attach because Corporation P receives the
nominal share with a basis of zero.
(d) Effective/applicability date. This
section applies to exchanges and
distributions of stock and securities
occurring on or after November 21,
2011.
(e) Expiration date. This section
expires on or before November 18, 2014.
VerDate Mar<15>2010
15:20 Nov 18, 2011
Jkt 226001
Approved: November 1, 2011.
Steven T. Miller,
Deputy Commissioner for Services and
Enforcement.
Emily S. McMahon,
Acting Assistant Secretary of the Treasury
(Tax Policy).
[FR Doc. 2011–29799 Filed 11–18–11; 8:45 am]
BILLING CODE 4830–01–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 26
[EPA–HQ–OPP–2010–0785; FRL–9325–5]
RIN 2070–AJ76
Protections for Subjects in Human
Research Involving Pesticides;
Notification of Submission to the
Secretary of Agriculture
Environmental Protection
Agency (EPA).
ACTION: Notification of submission to
the Secretary of Agriculture.
AGENCY:
This document notifies the
public that the Administrator of EPA
has forwarded to the Secretary of the
United States Department of Agriculture
(USDA) a draft final rule as required by
section 25(a) of the Federal Insecticide,
Fungicide, and Rodenticide Act
(FIFRA).
SUMMARY:
EPA has established a
docket for this action under docket
identification (ID) number EPA–HQ–
OPP–2010–0785. All documents in the
docket are listed in the docket index
available in https://www.regulations.gov.
Although listed in the index, some
information is not publicly available,
e.g., Confidential Business Information
(CBI) or other information whose
disclosure is restricted by statute.
Certain other material, such as
copyrighted material, is not placed on
the Internet and will be publicly
available only in hard copy form.
Publicly available docket materials are
available in the electronic docket at
https://www.regulations.gov, or, if only
available in hard copy, at the OPP
Regulatory Public Docket in Rm. S–
4400, One Potomac Yard (South Bldg.),
2777 S. Crystal Dr., Arlington, VA. The
Docket Facility is open from 8:30 a.m.
to 4 p.m., Monday through Friday,
excluding legal holidays. The Docket
Facility telephone number is (703) 305–
5805.
FOR FURTHER INFORMATION CONTACT:
Kelly Sherman, Immediate Office of the
Director (7501P), Office of Pesticide
Programs, Environmental Protection
ADDRESSES:
PO 00000
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Agency, 1200 Pennsylvania Ave., NW.,
Washington, DC 20460–0001; telephone
number: (703) 305–8401; email address:
sherman.kelly@epa.gov.
SUPPLEMENTARY INFORMATION:
I. Does this action apply to me?
This action is directed to the public
in general. It simply announces the
submission of a draft final rule to the
Secretary of USDA and does not
otherwise affect any specific entities.
This action may, however, be of
particular interest to pesticide
registrants (NAICS code 325320) who
sponsor or conduct human research for
pesticides, and to other entities that
sponsor or conduct human research for
pesticides (NAICS code 541710). Since
other entities may also be interested, the
Agency has not attempted to describe all
the specific entities that may be
interested in this action. If you have any
questions regarding this action, consult
the person listed under FOR FURTHER
INFORMATION CONTACT.
II. What action is EPA taking?
As described in the Agency’s semiannual Regulatory Agenda, the draft
final rule would take final action with
regard to the proposed rule issued on
February 2, 2011 (76 FR 5735). The
amendments would make no changes to
the Common Rule or EPA’s codification
of the Common Rule. EPA proposed
these amendments as a result of a
settlement agreement.
Section 25(a)(2)(B) of FIFRA requires
the EPA Administrator to provide the
Secretary of USDA with a copy of any
draft final rule at least 30 days before
signing it in final form for publication
in the Federal Register. The draft final
rule is not available to the public until
after it has been signed by EPA. If the
Secretary of USDA comments in writing
regarding the draft final rule within 15
days after receiving it, the EPA
Administrator shall include in the final
rule, when published in the Federal
Register, the comments of the Secretary
of USDA, if requested by the Secretary
of USDA, and the EPA Administrator’s
response to those comments. If the
Secretary of USDA does not comment in
writing within 15 days after receiving
the draft final rule, the EPA
Administrator may sign the final rule for
publication in the Federal Register any
time after the 15-day period.
III. Do any statutory and Executive
Order reviews apply to this
notification?
No. This document is not a rule. It is
merely a notification of submission to
the Secretary of USDA. As such, none
E:\FR\FM\21NOR1.SGM
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Federal Register / Vol. 76, No. 224 / Monday, November 21, 2011 / Rules and Regulations
of the regulatory assessment
requirements apply to this document.
IV. Will this notification be subject to
the Congressional Review Act?
No. This action is not a rule for
purposes of the Congressional Review
Act (CRA), 5 U.S.C. 804(3), and will not
be submitted to Congress and the
Comptroller General. EPA will submit
the final rule to Congress and the
Comptroller General as required by
CRA.
List of Subjects in 40 CFR Part 26
Dated: November 4, 2011.
Steven Bradbury,
Director, Office of Pesticide Programs.
[FR Doc. 2011–29910 Filed 11–18–11; 8:45 am]
BILLING CODE 6560–50–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 52
[VA202–5203; FRL–9490–3]
Approval and Promulgation of Air
Quality Implementation Plans; Virginia;
Update to Materials Incorporated by
Reference
Environmental Protection
Agency (EPA).
ACTION: Final rule; administrative
change.
AGENCY:
EPA is updating the materials
that are incorporated by reference (IBR)
into the Virginia State Implementation
Plan (SIP). The regulations affected by
this update have been previously
submitted by the Virginia Department of
Environmental Quality (VA DEQ) and
approved by EPA. This update affects
the SIP materials that are available for
public inspection at the National
Archives and Records Administration
(NARA), the Air and Radiation Docket
and Information Center located at EPA
Headquarters in Washington, DC, and
the EPA Regional Office.
DATES: Effective Date: This action is
effective November 21, 2011.
ADDRESSES: SIP materials which are
incorporated by reference into 40 CFR
part 52 are available for inspection at
the following locations: Air Protection
Division, U.S. Environmental Protection
Agency, Region III, 1650 Arch Street,
Philadelphia, Pennsylvania 19103; the
Air and Radiation Docket and
Information Center, U.S. Environmental
Protection Agency, 1301 Constitution
Avenue NW., Room Number 3334, EPA
wreier-aviles on DSK3TPTVN1PROD with RULES
VerDate Mar<15>2010
15:20 Nov 18, 2011
Jkt 226001
FOR FURTHER INFORMATION CONTACT:
Harold A. Frankford, (215) 814–2108 or
by email at frankford.harold@epa.gov.
SUPPLEMENTARY INFORMATION:
I. Background
Environmental protection, Human
research, Pesticides.
SUMMARY:
West Building, Washington, DC 20460;
or the National Archives and Records
Administration (NARA). For
information on the availability of this
material at NARA, call 202–741–6030,
or go to: https://www.archives.gov/
federal_register/
code_of_federal_regulations/
ibr_locations.html.
The SIP is a living document which
the State revises as necessary to address
its unique air pollution problems.
Therefore, EPA, from time to time, must
take action on SIP revisions containing
new and/or revised regulations as being
part of the SIP. On May 22, 1997 (62 FR
27968), EPA revised the procedures for
incorporating by reference Federallyapproved SIPs, as a result of
consultations between EPA and the
Office of the Federal Register (OFR). The
description of the revised SIP
document, IBR procedures and
‘‘Identification of plan’’ format are
discussed in further detail in the May
22, 1997 Federal Register document. On
April 21, 2000 (65 FR 21315), EPA
published a Federal Register action
beginning the new IBR procedure for
Virginia. On September 8, 2004 (69 FR
54216), November 3, 2005 (70 FR
66769), July 16, 2007 (72 FR 38920), and
July 13, 2009 (74 FR 33332) as corrected
on December 18, 2009 (74 FR 67077),
EPA published updates to the IBR
material for Virginia.
Since the publication of the last IBR
update, EPA has approved the following
regulatory changes to the following
Virginia regulations:
A. Added Regulations
1. 9VAC5 Chapter 30 (Ambient Air
Quality Standards), Sections 5–30–
15, 5–30–56, and 5–30–66.
2. 9VAC5 Chapter 40 (Existing
Stationary Sources), Part II
(Emission Standards), Article 51
(Stationary Sources Subject to Caseby-Case Control Technology
Determinations).
3. 9VAC5 Chapter 85 (Permits for
Stationary Sources of Pollutants
Subject to Regulation), Parts I
(Applicability), III (Prevention of
Significant Deterioration Permit
Actions), and IV (State Operating
Permit Actions).
4. 9VAC5 Chapter 130 (Regulation for
Open Burning), Part I (General
Provisions), Sections 5–130–10
through 5–130–50.
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71881
5. 9VAC5 Chapter 151 (Transportation
Conformity).
6. 9VAC5 Chapter 220 (Opacity
Variance for Rocket Testing
Operations Atlantic Research
Corporation’s Orange County
Facility).
B. Revised Regulations
1. 9VAC5 Chapter 10 (General
Definitions), Section 5–10–20.
2. 9VAC5 Chapter 30 (Ambient Air
Quality Standards), Sections 5–30–
15, 5–30–55, 5–30–60, 5–30–70,
and 5–30–80.
3. 9VAC5 Chapter 40 (Existing
Stationary Sources), Part I (Special
Provisions), Section 5–40–20.
4. 9VAC5 Chapter 40, Part II (Emission
Standards), Article 4 (Emission
Standards for General Process
Operations), Section 5–40–250.
5. 9VAC5 Chapter 50 (New and
Modified Stationary Sources), Part I
(Special Provisions), section 5–50–
20.
6. 9VAC5 Chapter 80 (Permits for
Stationary Sources), Article 8
(Permits-Major Stationary Sources
and Major Modifications Located in
Prevention of Significant
Deterioration Areas), Sections 5–
80–1615 and 5–80–1665.
7. The following regulations in 9VAC5
Chapter 140 (Regulation for
Emission Trading):
a. Part I (NOX Budget Trading Program),
Article 1 (NOX Budget Trading
Program General Provisions),
Sections 5–140–1010, 5–140–1020,
and 5–140–1060.
b. Part II (NOX Annual Trading
Program), Article 1 (CAIR NOX
Annual Trading Program General
Provisions), Sections 5–140–2010
and 5–140–2020.
c. Part III (NOX Ozone Season Trading
Program), Article 1 (NOX Ozone
Season Trading Program General
Provisions), Sections 5–140–3010
and 5–140–3020.
d. Part IV (SO2 Annual Trading
Program), Article 5 (CAIR SO2
Allowance Allocations), Section 5–
140–3400.
C. Removed Regulations
1. 9VAC5 Chapter 40 (Existing
Stationary Sources), Part II
(Emission Standards), Article 4
(Emission Standards for General
Process Operations), Sections 5–40–
300, 5–40–310A.–E., and 5–40–311.
2. 9VAC5 Chapter 40, Part II, Article 40
(Emission Standards for Open
Burning)-entire article.
II. EPA Action
In this action, EPA is doing the
following:
E:\FR\FM\21NOR1.SGM
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Agencies
[Federal Register Volume 76, Number 224 (Monday, November 21, 2011)]
[Rules and Regulations]
[Pages 71880-71881]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-29910]
=======================================================================
-----------------------------------------------------------------------
ENVIRONMENTAL PROTECTION AGENCY
40 CFR Part 26
[EPA-HQ-OPP-2010-0785; FRL-9325-5]
RIN 2070-AJ76
Protections for Subjects in Human Research Involving Pesticides;
Notification of Submission to the Secretary of Agriculture
AGENCY: Environmental Protection Agency (EPA).
ACTION: Notification of submission to the Secretary of Agriculture.
-----------------------------------------------------------------------
SUMMARY: This document notifies the public that the Administrator of
EPA has forwarded to the Secretary of the United States Department of
Agriculture (USDA) a draft final rule as required by section 25(a) of
the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA).
ADDRESSES: EPA has established a docket for this action under docket
identification (ID) number EPA-HQ-OPP-2010-0785. All documents in the
docket are listed in the docket index available in https://www.regulations.gov. Although listed in the index, some information is
not publicly available, e.g., Confidential Business Information (CBI)
or other information whose disclosure is restricted by statute. Certain
other material, such as copyrighted material, is not placed on the
Internet and will be publicly available only in hard copy form.
Publicly available docket materials are available in the electronic
docket at https://www.regulations.gov, or, if only available in hard
copy, at the OPP Regulatory Public Docket in Rm. S-4400, One Potomac
Yard (South Bldg.), 2777 S. Crystal Dr., Arlington, VA. The Docket
Facility is open from 8:30 a.m. to 4 p.m., Monday through Friday,
excluding legal holidays. The Docket Facility telephone number is (703)
305-5805.
FOR FURTHER INFORMATION CONTACT: Kelly Sherman, Immediate Office of the
Director (7501P), Office of Pesticide Programs, Environmental
Protection Agency, 1200 Pennsylvania Ave., NW., Washington, DC 20460-
0001; telephone number: (703) 305-8401; email address:
sherman.kelly@epa.gov.
SUPPLEMENTARY INFORMATION:
I. Does this action apply to me?
This action is directed to the public in general. It simply
announces the submission of a draft final rule to the Secretary of USDA
and does not otherwise affect any specific entities. This action may,
however, be of particular interest to pesticide registrants (NAICS code
325320) who sponsor or conduct human research for pesticides, and to
other entities that sponsor or conduct human research for pesticides
(NAICS code 541710). Since other entities may also be interested, the
Agency has not attempted to describe all the specific entities that may
be interested in this action. If you have any questions regarding this
action, consult the person listed under FOR FURTHER INFORMATION
CONTACT.
II. What action is EPA taking?
As described in the Agency's semi-annual Regulatory Agenda, the
draft final rule would take final action with regard to the proposed
rule issued on February 2, 2011 (76 FR 5735). The amendments would make
no changes to the Common Rule or EPA's codification of the Common Rule.
EPA proposed these amendments as a result of a settlement agreement.
Section 25(a)(2)(B) of FIFRA requires the EPA Administrator to
provide the Secretary of USDA with a copy of any draft final rule at
least 30 days before signing it in final form for publication in the
Federal Register. The draft final rule is not available to the public
until after it has been signed by EPA. If the Secretary of USDA
comments in writing regarding the draft final rule within 15 days after
receiving it, the EPA Administrator shall include in the final rule,
when published in the Federal Register, the comments of the Secretary
of USDA, if requested by the Secretary of USDA, and the EPA
Administrator's response to those comments. If the Secretary of USDA
does not comment in writing within 15 days after receiving the draft
final rule, the EPA Administrator may sign the final rule for
publication in the Federal Register any time after the 15-day period.
III. Do any statutory and Executive Order reviews apply to this
notification?
No. This document is not a rule. It is merely a notification of
submission to the Secretary of USDA. As such, none
[[Page 71881]]
of the regulatory assessment requirements apply to this document.
IV. Will this notification be subject to the Congressional Review Act?
No. This action is not a rule for purposes of the Congressional
Review Act (CRA), 5 U.S.C. 804(3), and will not be submitted to
Congress and the Comptroller General. EPA will submit the final rule to
Congress and the Comptroller General as required by CRA.
List of Subjects in 40 CFR Part 26
Environmental protection, Human research, Pesticides.
Dated: November 4, 2011.
Steven Bradbury,
Director, Office of Pesticide Programs.
[FR Doc. 2011-29910 Filed 11-18-11; 8:45 am]
BILLING CODE 6560-50-P