Indian Tribal Governmental Plans; Correction, 76633-76634 [2011-31463]

Download as PDF Federal Register / Vol. 76, No. 236 / Thursday, December 8, 2011 / Proposed Rules The reports may contain our analysis of patterns or trends that we identify in the complaint data. The CFPB intends for its reporting to provide information that will be valuable to consumers and other market participants. Before determining what reports to issue beyond those relating to the CFPB’s handling of the complaints, the CFPB will study the volume and content of credit card complaints that it has received in a given reporting period for patterns or trends that it is able to discern from the data. If the data will support it, the CFPB intends for its reports to include some standardized metrics that would provide comparisons across reporting periods. The reports will also describe our use of credit card complaint data across the range of our statutory authorities during a reporting period. 4. Matters for Further Study Going forward, the CFPB intends to study the effectiveness of its credit card complaint disclosure policy in realizing its stated purposes. In addition, the CFPB will carry out a study of the narrative fields submitted by consumers and issuers. The study will assess whether there are practical ways to disclose narrative data in a manner that will improve consumer understanding without undermining privacy interests or the effectiveness of the credit card complaint process and without creating unwarranted reputational injury to issuers. Dated: November 30, 2011. Meredith Fuchs, Chief of Staff. [FR Doc. 2011–31153 Filed 12–7–11; 8:45 am] BILLING CODE 4810–AM–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–157714–06] RIN 1545–BG43 Determination of Governmental Plan Status; Correction Internal Revenue Service (IRS), Treasury. ACTION: Correction to advance notice of proposed rulemaking. mstockstill on DSK4VPTVN1PROD with PROPOSALS AGENCY: This document contains corrections to advance notice of proposed rulemaking (REG–157714–06) that describes the rules that the Treasury Department and IRS are considering proposing relating to the determination of whether a plan is a SUMMARY: VerDate Mar<15>2010 16:39 Dec 07, 2011 Jkt 226001 governmental planwithin the meaning of section 414(d) and contains an appendix that includes a draft notice of proposed rulemaking on which the Treasury Department and IRS invite comments from the public. The document was published in the Federal Register on Tuesday, November 8, 2011(76 FR 69172). 76633 the new language ‘‘Louis, 420 F. Supp.2d at 1024, citing Lee Const. Co.,’’. LaNita Van Dyke, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, Procedure and Administration. [FR Doc. 2011–31464 Filed 12–7–11; 8:45 am] BILLING CODE 4830–01–P FOR FURTHER INFORMATION CONTACT: Concerning the ANPRM, Pamela R. Kinard at (202) 622–6060 (not a toll-free number). DEPARTMENT OF THE TREASURY SUPPLEMENTARY INFORMATION: 26 CFR Part 1 Background [REG–133223–08] The correction notice that is the subject of this document is under section 414(d) of the Internal Revenue Code. Need for Correction Correction of Publication Accordingly, the publication of this advance notice of proposed rulemaking (REG–157714–06), which was the subject of FR Doc. 2011–28853, is corrected as follows: 1. On page 69173, column 3, in the preamble, under the paragraph heading ‘‘Explanation of Provisions’’, second paragraph, third line, the language ‘‘States or an agency of instrumentality of’’ is removed and is replaced with the new language ‘‘States or an agency or instrumentality of’’. 2. On page 69175, column 1, in the Appendix, under the paragraph heading ‘‘Application of Section 414(d)’’, fifth paragraph, the language ‘‘Section 503(a)(1) (applying the prohibited transactions rules in section 503 to governmental plans as defined in section 4975(g)(2))’’ is removed and is replaced with the new language ‘‘Section 503(a)(1) (applying the prohibited transaction rules in section 503 to governmental plans as defined in section 4975(g)(2));’’. 3. On page 69177, column 2, footnote 17, fourth line, the language ‘‘401(k) plan. See section 401(K)(4)(B)(ii). There is an’’ is removed and is replaced with the new language ‘‘401(k) plan. See section 401(k)(4)(B)(ii). There is an’’. 4. On page 69179, column 3, footnote 27, eleventh line, the language ‘‘Louis, 420 F. Supp.2 at 1024, citing Lee Const. Co.,’’ is removed and is replaced with Frm 00009 Fmt 4702 RIN 1545–BI19 Indian Tribal Governmental Plans; Correction Internal Revenue Service (IRS), Treasury. ACTION: Correction to advance notice of proposed rulemaking. AGENCY: As published, this advance notice of proposed rulemaking (REG–157714–06) contains errors that may prove to be misleading and are in need of clarification. PO 00000 Internal Revenue Service Sfmt 4702 This document contains corrections to advance notice of proposed rulemaking (REG–133223–08) that describes the rules the Treasury Department and IRS are considering proposing relating to the determination of whether a plan of an Indian Tribal government is a governmental plan within the meaning of section 414(d) and contains an appendix that includes a draft notice of proposed rulemaking on which the Treasury Department and IRS invite comments from the public. The document was published in the Federal Register on Tuesday, November 8, 2011 (76 FR 69188). FOR FURTHER INFORMATION CONTACT: Concerning the ANPRM, Pamela R. Kinard at (202) 622–6060 (not a toll-free number). SUPPLEMENTARY INFORMATION: SUMMARY: Background The correction notice that is the subject of this document is under section 414(d) of the Internal Revenue Code. Need for Correction As published, this advance notice of proposed rulemaking (REG–133223–08) contains errors that may prove to be misleading and are in need of clarification. Correction of Publication Accordingly, the publication of this advance notice of proposed rulemaking (REG–133223–08), which was the subject of FR Doc. 2011–28858, is corrected as follows: E:\FR\FM\08DEP1.SGM 08DEP1 76634 Federal Register / Vol. 76, No. 236 / Thursday, December 8, 2011 / Proposed Rules 1. On page 69192, column 1, footnote 10, the language ‘‘Section 401(k)(4)(B)(ii) provide that a cash or deferred arrangement shall not be treated as a qualified cash or deferred arrangement if it is part of a plan maintained by a State or local government of political subdivision thereof, or any or agency or instrumentality thereof.’’ is removed and is replaced with the new language ‘‘Section 401(k)(4)(B)(ii) provides that a cash or deferred arrangement shall not be treated as a qualified cash or deferred arrangement if it is part of a plan maintained by a State or local government of political subdivision thereof, or any agency or instrumentality thereof.’’. 2. On page 69193, column 1, under the paragraph heading ‘‘Judicial Determinations’’, second paragraph of the column, second line, the language ‘‘Bingo & Casino, held that the operating’’ is removed and is replaced with the new language ‘‘Bingo & Casino, held that operating’’. LaNita Van Dyke, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, Procedure and Administration. [FR Doc. 2011–31463 Filed 12–7–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE INTERIOR Office of Natural Resources Revenue 30 CFR Chapter XII [Docket No. ONRR–2011–0007] Establishment of the Indian Oil Valuation Negotiated Rulemaking Committee Office of Natural Resources Revenue, Interior. ACTION: Notice. AGENCY: On January 31, 2011, the Department published a notice of intent to establish an Indian Oil Valuation Negotiated Rulemaking Committee. In that notice, we requested interested parties to nominate representatives for membership on the Committee and addressed many of the requirements of Section 564 of the Negotiated Rulemaking Act. On August 22, 2011, the Department published a second notice of intent to establish an Indian Oil Valuation Negotiated Rulemaking Committee to address the remaining requirements of Section 564 of the Negotiated Rulemaking Act and to inquire if all interests were represented mstockstill on DSK4VPTVN1PROD with PROPOSALS SUMMARY: VerDate Mar<15>2010 15:57 Dec 07, 2011 Jkt 226001 by the proposed members. This notice establishes the Committee. FOR FURTHER INFORMATION CONTACT: Mr. Karl Wunderlich, Office of Natural Resources Revenue (ONRR), Telephone: (303) 231–3663; Fax: (303) 231–3194, or Email: karl.wunderlich@onrr.gov. SUPPLEMENTARY INFORMATION: In response to our second notice, we received three responses recommending three additional members to the Committee. In response, we have added the following three recommended members to the Committee: Patrick Flynn, employee of Resolute Energy Corporation, representative of Industry; Grinnell Day Chief, representative of the Blackfeet Nation; Alan Taradash, representative of the Jicarilla Apache Nation. One additional comment was received in response to the second notice of intent offering broad objections to the composition of the Committee. In particular, the commenter felt the Committee did not represent all significant interests, did not represent global energy producer interests, included members from the oil industry with conflicts of interest, and should not have had inclusion from the Bureau of Indian Affairs (BIA). While ONRR appreciates and encourages interest in the Indian Oil Valuation Negotiated Rulemaking Committee, at this time we find it unnecessary to reconstitute or make significant changes to the committee. On January 31, 2011, ONRR solicited nominees for membership to the Committee. On August 22, 2011, ONRR solicited additional nominees. This provided the commenter two opportunities to nominate a member that would represent the significant interests he felt were omitted. ONRR believes it has adequately met the intent of the Federal Advisory Committee Act (FACA) in soliciting membership and finding members with an appropriate balance of viewpoints. ONRR also notes that the Committee is being formed to address valuation of oil production from domestic Indian oil leases. Global energy interests are most likely unconcerned with the subject of this Committee and no nominations were offered to represent these interests. Likewise, the proposed representatives from industry were nominated by their constituents and have an undeniable stake in the rulemaking process. Any perceived conflict of interest on the part of industry’s nominations was not adequately described by the commenter. While the commenter noted that the oil industry members have conflicts of interest, this is expected of PO 00000 Frm 00010 Fmt 4702 Sfmt 4702 ‘‘representative’’ members of a FACA committee. These members serve as representatives of outside entities or groups and their exclusive function is to represent the points of view of a particular industry or group (e.g. labor, agriculture, energy, environmental, tribal, or some other recognizable group of persons). In representing the interests of a specifically identifiable interest group, the opinions, information, and advice these members offer will reflect the biases of the particular group that the member represents on the Committee. ONRR firmly believes that the interests significantly affected by the rulemaking are represented by the members. Finally, the Committee was formed within the terms of the FACA which provides for government oversight over FACA committees. In the case of this Committee, ONRR believes that BIA belongs on the Committee, because BIA issues leases and is the office of record maintaining surface and mineral ownership records on Indian Trust lands. The Committee will meet at least quarterly with the first meeting planned for February 2012. Certification Statement: I hereby certify that the Indian Oil Valuation Negotiated Rulemaking Committee is necessary, is in the public interest, and is established under the authority of the Secretary of the Interior. Dated: December 1, 2011. Ken Salazar, Secretary of the Interior. [FR Doc. 2011–31559 Filed 12–7–11; 8:45 am] BILLING CODE 4310–T2–P DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 117 [Docket No. USCG–2011–0943] RIN 1625–AA09 Drawbridge Operation Regulation; Blackwater River, South Quay, VA Coast Guard, DHS. Notice of proposed rulemaking. AGENCY: ACTION: The Coast Guard proposes to change the regulations that govern the operation of the S189 Bridge over Blackwater River, mile 9.2, at South Quay, VA. The proposed rule would change the current regulation requiring a 24-hour advance notice and allow the bridge to remain in the closed position SUMMARY: E:\FR\FM\08DEP1.SGM 08DEP1

Agencies

[Federal Register Volume 76, Number 236 (Thursday, December 8, 2011)]
[Proposed Rules]
[Pages 76633-76634]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-31463]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-133223-08]
RIN 1545-BI19


Indian Tribal Governmental Plans; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to advance notice of proposed rulemaking.

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SUMMARY: This document contains corrections to advance notice of 
proposed rulemaking (REG-133223-08) that describes the rules the 
Treasury Department and IRS are considering proposing relating to the 
determination of whether a plan of an Indian Tribal government is a 
governmental plan within the meaning of section 414(d) and contains an 
appendix that includes a draft notice of proposed rulemaking on which 
the Treasury Department and IRS invite comments from the public. The 
document was published in the Federal Register on Tuesday, November 8, 
2011 (76 FR 69188).

FOR FURTHER INFORMATION CONTACT: Concerning the ANPRM, Pamela R. Kinard 
at (202) 622-6060 (not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The correction notice that is the subject of this document is under 
section 414(d) of the Internal Revenue Code.

Need for Correction

    As published, this advance notice of proposed rulemaking (REG-
133223-08) contains errors that may prove to be misleading and are in 
need of clarification.

Correction of Publication

    Accordingly, the publication of this advance notice of proposed 
rulemaking (REG-133223-08), which was the subject of FR Doc. 2011-
28858, is corrected as follows:

[[Page 76634]]

    1. On page 69192, column 1, footnote 10, the language ``Section 
401(k)(4)(B)(ii) provide that a cash or deferred arrangement shall not 
be treated as a qualified cash or deferred arrangement if it is part of 
a plan maintained by a State or local government of political 
subdivision thereof, or any or agency or instrumentality thereof.'' is 
removed and is replaced with the new language ``Section 
401(k)(4)(B)(ii) provides that a cash or deferred arrangement shall not 
be treated as a qualified cash or deferred arrangement if it is part of 
a plan maintained by a State or local government of political 
subdivision thereof, or any agency or instrumentality thereof.''.
    2. On page 69193, column 1, under the paragraph heading ``Judicial 
Determinations'', second paragraph of the column, second line, the 
language ``Bingo & Casino, held that the operating'' is removed and is 
replaced with the new language ``Bingo & Casino, held that operating''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, Procedure and Administration.
[FR Doc. 2011-31463 Filed 12-7-11; 8:45 am]
BILLING CODE 4830-01-P