Section 67 Limitations on Estates or Trusts; Correction, 78183 [2011-32280]
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Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Proposed Rules
‘‘or securities described in paragraphs
(a)(14)(ii) and (a)(14)(iii) of this section’’
is corrected to read ‘‘or securities
described in paragraph (a)(14)(ii) or
(a)(14)(iii) of this section’’.
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
06), which was the subject of FR Doc.
2011–31855, is corrected as follows:
On page 77454, column 3, in the
preamble, under the subject of the
headings, the title ‘‘New Markets Tax
Credit Non-Real Estate Investments;
Hearing Cancellation’’ is corrected to
read ‘‘Section 67 Limitations on Estates
or Trusts; Hearing Cancellation’’.
BILLING CODE 4830–01–P
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
DEPARTMENT OF THE TREASURY
[FR Doc. 2011–32280 Filed 12–15–11; 8:45 am]
[FR Doc. 2011–32316 Filed 12–15–11; 8:45 am]
BILLING CODE P
Internal Revenue Service
26 CFR Part 1
DEPARTMENT OF JUSTICE
[REG–128224–06]
Parole Commission
RIN 1545–BF80
28 CFR Part 2
Section 67 Limitations on Estates or
Trusts; Correction
[Docket No. USPC–2011–01]
Internal Revenue Service (IRS),
Treasury.
ACTION: Correction to a cancellation of
notice of public hearing on proposed
rulemaking.
Preliminary Plan for Retrospective
Review Under E.O. 13579
This document contains a
correction to a cancellation of notice of
public hearing on proposed rulemaking
(REG–128224–06) providing guidance
on which costs incurred by estates or
trusts other than grantor trusts (nongrantor trusts) are subject to the 2percent floor for miscellaneous itemized
deductions under section 67(a) of the
Internal Revenue Code (Code). The
document was published in the Federal
Register on Tuesday, December 13, 2011
(76 FR 77454).
FOR FURTHER INFORMATION CONTACT:
Richard A. Hurst of the Publications and
Regulations Branch, Legal Processing
Division, Associate Chief Counsel
(Procedure and Administration), at
Richard.A.Hurst@irscounsel.treas.gov.
SUMMARY:
AGENCY:
SUMMARY:
SUPPLEMENTARY INFORMATION:
Background
The correction notice that is the
subject of this document is under
section 67 of the Code.
jlentini on DSK4TPTVN1PROD with PROPOSALS
Need for Correction
As published, a cancellation of notice
of public hearing on proposed
rulemaking (REG–128224–06) contains
an error that may prove to be misleading
and is in need of clarification.
Correction of Publication
Accordingly, the publication of
cancellation of notice of public hearing
on proposed rulemaking (REG–128224–
VerDate Mar<15>2010
16:22 Dec 15, 2011
Jkt 226001
United States Parole
Commission, Justice.
ACTION: Request for comments.
AGENCY:
The U.S. Parole Commission
is asking for comments on its
preliminary plan for the retrospective
review of its regulations to determine
whether any of the regulations should
be repealed, modified or expanded. The
Commission is undertaking the review
to comply with Executive Order 13579,
‘‘Regulation and Independent
Regulatory Agencies,’’ issued by the
President on July 11, 2011. The purpose
of the review is to ensure that the
Commission’s regulations fulfill the
Commission’s mission and are effective,
cost-efficient and understandable.
Comment Date: Written comments
must be postmarked and electronic
comments must be submitted by
February 17, 2012. Please note that the
electronic Federal Docket Management
System will not accept comments after
11:59 p.m. Eastern Time on the last day
of the comment period.
ADDRESSES: You may mail comments to
the United States Parole Commission,
attn: USPC Rules Group, 90 K Street
NE., 3d Flr., Washington, DC 20530.
You may also submit comments
electronically or view an electronic
version of this notice and of the plan at
https://www.regulations.gov, at Docket
No. USPC–2011–01.
FOR FURTHER INFORMATION CONTACT:
Rockne Chickinell, General Counsel,
U.S. Parole Commission, 90 K Street
NE., 3d Flr., Washington, DC 20530;
Telephone (202) 346–7030.
PO 00000
Frm 00016
Fmt 4702
Sfmt 4702
78183
Posting of
Public Comments. All comments
received are part of the public record
and available for public inspection
online at https://www.regulations.gov.
Comments may include personal
identifying information voluntarily
submitted by the commenter. When
found, personal identifying information
will not be posted online but will be
maintained in the agency’s public
docket file.
SUPPLEMENTARY INFORMATION:
Overview and Background
On July 11, 2011 the President issued
Executive Order 13579 ‘‘Regulation and
Independent Regulatory Agencies.’’ The
order states that each independent
regulatory agency should prepare a plan
for the periodic review of its existing
significant regulations to determine
those regulations that are outdated,
unnecessary or ineffective. The review
enables the agency to modify or repeal
a rule to increase the effectiveness of the
regulatory program or lessen
unnecessary burdens caused by the rule.
This order highlights the importance of
maintaining a culture of retrospective
review of an agency’s regulations.
Pursuant to Executive Order 13579,
the Parole Commission has developed a
preliminary plan for a review of its
regulations. The Commission primarily
performs law-enforcement functions in
releasing an offender from a prison term
imposed by a sentencing judge, setting
conditions of release, revoking the
release if the offender violates the
release conditions or terminating the
sentence early for good conduct on
parole supervision. The Commission’s
rules define the procedures and
standards used to carry out the
functions described above. Many of the
rules incorporate statutory
requirements. Other rules, such as the
paroling policy guidelines, reflect policy
choices made by the Commission
members within the broad grant of
authority given by Congress on
executing the Commission’s functions.
The application of the rules may affect
the lives of individual persons and the
general public welfare, but the
Commission’s rulemaking and actions
do not have a significant impact on
economic entities and businesses.
Over the last ten years, the
Commission has issued 13 publications
of final rules and 5 publications of
interim rules that have yet to be
promulgated as final rules. The majority
of this rulemaking pertained to:
Implementing new legislation and court
decisions; adopting procedural rules on
internal voting requirements and using
new technology in conducting hearings;
streamlining the revocation process for
E:\FR\FM\16DEP1.SGM
16DEP1
]]>Agencies
[Federal Register Volume 76, Number 242 (Friday, December 16, 2011)]
[Proposed Rules]
[Page 78183]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-32280]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-128224-06]
RIN 1545-BF80
Section 67 Limitations on Estates or Trusts; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correction to a cancellation of notice of public hearing on
proposed rulemaking.
-----------------------------------------------------------------------
SUMMARY: This document contains a correction to a cancellation of
notice of public hearing on proposed rulemaking (REG-128224-06)
providing guidance on which costs incurred by estates or trusts other
than grantor trusts (non-grantor trusts) are subject to the 2-percent
floor for miscellaneous itemized deductions under section 67(a) of the
Internal Revenue Code (Code). The document was published in the Federal
Register on Tuesday, December 13, 2011 (76 FR 77454).
FOR FURTHER INFORMATION CONTACT: Richard A. Hurst of the Publications
and Regulations Branch, Legal Processing Division, Associate Chief
Counsel (Procedure and Administration), at
Richard.A.Hurst@irscounsel.treas.gov.
SUPPLEMENTARY INFORMATION:
Background
The correction notice that is the subject of this document is under
section 67 of the Code.
Need for Correction
As published, a cancellation of notice of public hearing on
proposed rulemaking (REG-128224-06) contains an error that may prove to
be misleading and is in need of clarification.
Correction of Publication
Accordingly, the publication of cancellation of notice of public
hearing on proposed rulemaking (REG-128224-06), which was the subject
of FR Doc. 2011-31855, is corrected as follows:
On page 77454, column 3, in the preamble, under the subject of the
headings, the title ``New Markets Tax Credit Non-Real Estate
Investments; Hearing Cancellation'' is corrected to read ``Section 67
Limitations on Estates or Trusts; Hearing Cancellation''.
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2011-32280 Filed 12-15-11; 8:45 am]
BILLING CODE P
