Drawbridge Operation Regulation; Vermillion River, Abbeville, LA, 2098-2099 [2014-00279]
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2098
Federal Register / Vol. 79, No. 8 / Monday, January 13, 2014 / Rules and Regulations
(3) Current year’s storage and
handling costs, beginning inventory,
and current year’s purchases, as defined
in paragraph (d)(3)(i)(D)(2) of this
section, do not include costs that are
specifically described in § 1.263A–
1(e)(3)(ii) or cost reductions described
in § 1.471–3(e) that a taxpayer properly
allocates entirely to property that has
been sold.
(E) * * *
(3) Current year’s purchasing costs
and current year’s purchases, as defined
in paragraph (d)(3)(i)(E)(2) of this
section, do not include costs that are
specifically described in § 1.263A–
1(e)(3)(ii) or cost reductions described
in § 1.471–3(e) that a taxpayer properly
allocates entirely to property that has
been sold.
*
*
*
*
*
(f) Effective/applicability date.
Paragraphs (d)(3)(i)(C)(3), (d)(3)(i)(D)(3),
and (d)(3)(i)(E)(3) of this section apply
for taxable years ending on or after
January 13, 2014.
■ Par. 6. Section 1.471–3 is amended
by:
■ 1. Adding paragraphs (e) and (g).
■ 2. Designating the undesignated text
following paragraph (d) as paragraph (f).
The additions read as follows:
§ 1.471–3
for W’s purchase of Drug X, or it can be
credited to W’s future purchases of drugs
from M.
(ii) Under the terms of the agreement, W
is unconditionally entitled to the price rebate
of Drug X when it sells Drug X to specific
customer Y, a specifically identified
customer of M. The price rebate received by
W for the sale of Drug X to Y is a sales-based
vendor chargeback. Therefore, the amount of
the sales-based vendor charge back, $4x per
unit for Drug X, whether paid to W, credited
against M’s invoice to W for W’s purchase of
Drug X or credited against a future purchase,
decreases cost of goods sold and does not
reduce the cost of Drug X on hand at the end
of the taxable year.
(2) Treatment of other sales-based
vendor allowances. [Reserved]
*
*
*
*
*
(g) Effective/applicability date.
Paragraph (f) of this section applies to
taxable years ending on or after January
13, 2014.
John Dalrymple,
Deputy Commissioner for Services and
Enforcement.
Approved: December 13, 2013.
Mark J. Mazur,
Assistant Secretary of the Treasury (Tax
Policy).
[FR Doc. 2014–00327 Filed 1–10–14; 8:45 am]
BILLING CODE 4830–01–P
Inventories at cost.
*
*
*
*
(e) Sales-based vendor allowances—
(1) Treatment of sales-based vendor
chargebacks—(i) In general. A salesbased vendor chargeback is an
allowance, discount, or price rebate that
a taxpayer becomes unconditionally
entitled to by selling a vendor’s
merchandise to specific customers
identified by the vendor at a price
determined by the vendor. A sales-based
vendor chargeback decreases cost of
goods sold and does not reduce the cost
of goods on hand at the end of the
taxable year.
(ii) Example. The following example
illustrates the provisions of this
paragraph (e)(1).
ehiers on DSK2VPTVN1PROD with RULES
*
Example. (i) W is a wholesaler of
pharmaceuticals. W purchases Drug X from
the manufacturer, M, for $10x per unit. M has
agreements with specific customers that
allow those customers to acquire Drug X from
M’s wholesalers for $6x per unit. Under an
agreement between W and M, W is required
to sell Drug X to specific customers at the
prices M has negotiated with such customers
($6x per unit) and, in exchange, M agrees to
provide a price rebate to W equal to the
difference between W’s cost for Drug X and
the price W is required to charge specific
customers under the agreement (a difference
of $4x per unit). W sells Drug X to specific
customer Y for $6x. Under the agreement
between W and M, the price rebate can be
paid to W, credited against M’s invoice to W
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13:45 Jan 10, 2014
Jkt 232001
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 117
[Docket No. USCG–2013–1041]
Drawbridge Operation Regulation;
Vermillion River, Abbeville, LA
Coast Guard, DHS.
Notice of deviation from
drawbridge regulation.
AGENCY:
ACTION:
The Coast Guard has issued a
temporary deviation from the regulation
that governs the State Road (SR) 14
Bridge across the Vermilion River, mile
25.4, at Abbeville, Vermilion Parish,
Louisiana. The deviation is necessary to
affect replacement of the wire rope
cables. This is part of the normal
maintenance that is required for safe
operation of the bridge. This deviation
allows the bridge to remain closed to
navigation for 14 consecutive days.
DATES: This deviation is effective from
6 a.m. on January 20, 2014 to 7 p.m. on
February 2, 2014.
ADDRESSES: The docket for this
deviation, [USCG–2013–1041] is
available at https://www.regulations.gov.
Type the docket number in the
SUMMARY:
PO 00000
Frm 00024
Fmt 4700
Sfmt 4700
‘‘SEARCH’’ box and click ‘‘SEARCH.’’
Click on Open Docket Folder on the line
associated with this deviation. You may
also visit the Docket Management
Facility in Room W12–140 on the
ground floor of the Department of
Transportation West Building, 1200
New Jersey Avenue SE., Washington,
DC 20590, between 9 a.m. and 5 p.m.,
Monday through Friday, except Federal
holidays.
FOR FURTHER INFORMATION CONTACT: If
you have questions on this temporary
deviation, call or email James
Wetherington, Bridge Administration
Branch, Coast Guard, telephone 504–
671–2128, email james.r.wetherington@
uscg.mil. If you have questions on
viewing the docket, call Cheryl Collins,
Program Manager, Docket Operations,
telephone 202–366–9826.
SUPPLEMENTARY INFORMATION: The
Louisiana Department of Transportation
and Development requested a temporary
deviation from the normal operation of
the SR 14 Vermilion River, mile 25.4, at
Abbeville, Vermilion Parish, Louisiana
in order to remove and replace the wire
rope cables required to operate the
bridge. This maintenance is essential for
the continued safe operation of the
vertical lift bridge. This temporary
deviation allows the bridge to remain
closed from 6 a.m. on January 20, 2014
through 7 p.m. on February 2, 2014.
The bridge has a vertical clearance of
6 feet above mean gulf (MGL), elevation
0.0 feet (NGVD 29), in the closed-tonavigation position and 61 feet in the
open-to-navigation position.
In accordance with to 33 CFR
117.509(b)(1), the draw of the SR 14
Bridge, mile 25.4, shall open on signal;
except that, from 6 p.m. to 10 a.m. the
draw shall open on signal if at least four
hour notice is given. The draw will be
unable to open for a vessel in distress.
Navigation on the waterway consists
mainly of commercial tug and barge
traffic. The bridge logs for all of January
and February show 26 and 50 openings
respectively. The time period for the
deviation is the slow time for the
commercial entities that would be most
affected. As a result of coordination
between the State, Coast Guard and the
waterway users, it has been determined
that this closure will not have a
significant effect on these vessels.
Vessels able to pass through the
bridge in the closed positions may do so
at anytime. The bridge will not be able
to open for emergencies. There are no
alternate routes for vessels that cannot
pass through the bridge in the closed-tonavigation position. The Coast Guard
will also inform the users of the
waterways through our Local and
E:\FR\FM\13JAR1.SGM
13JAR1
Federal Register / Vol. 79, No. 8 / Monday, January 13, 2014 / Rules and Regulations
Broadcast Notices to Mariners of the
change in operating schedule for the
bridge so that vessels can arrange their
transits to minimize any impact caused
by the temporary deviation.
In accordance with 33 CFR 117.35(e),
the drawbridge must return to its regular
operating schedule immediately at the
end of the effective period of this
temporary deviation. This deviation
from the operating regulations is
authorized under 33 CFR 117.35.
Dated: December 19, 2013.
David M. Frank,
Bridge Administrator.
[FR Doc. 2014–00279 Filed 1–10–14; 8:45 am]
BILLING CODE 9110–04–P
38 CFR Parts 3, 4, and 60
RIN 2900–AO64
VA Compensation Service and Pension
and Fiduciary Service Nomenclature
Changes
Department of Veterans Affairs.
Final rule.
AGENCY:
This document amends the
Department of Veterans Affairs (VA)
regulations by making nonsubstantive
changes to reflect new titles of certain
VA offices.
DATES: These amendments are effective
January 13, 2014.
FOR FURTHER INFORMATION CONTACT:
Marie Gregory, Pension and Fiduciary
Service (21P1), Veterans Benefits
Administration, Department of Veterans
Affairs, 810 Vermont Avenue NW.,
Washington, DC 20420, (202) 632–8863.
(This is not a toll-free number.)
SUPPLEMENTARY INFORMATION: In April
2011, VA divided its Compensation and
Pension Service (an office within VA’s
Veterans Benefits Administration) into
two separate Services, the
‘‘Compensation Service’’ and the
‘‘Pension and Fiduciary Service.’’ This
final rule amends VA regulations to
reflect this change. No substantive
changes are intended by these
amendments.
ehiers on DSK2VPTVN1PROD with RULES
SUMMARY:
Administrative Procedure Act
This final rule concerns only agency
organization, procedure, or practice and
therefore is not subject to the notice and
comment provisions of 5 U.S.C. 553(b).
This final rule consists of only
nonsubstantive changes that will make
the regulations more accurate and less
confusing to readers. Pursuant to 5
U.S.C. 553(d)(3), the Secretary finds that
VerDate Mar<15>2010
13:45 Jan 10, 2014
Jkt 232001
Unfunded Mandates
The Unfunded Mandates Reform Act
requires, at 2 U.S.C. 1532, that agencies
prepare an assessment of anticipated
costs and benefits before issuing any
rule that may result in an expenditure
by State, local, or tribal governments, in
the aggregate, or by the private sector of
$100 million or more in any given year.
This final rule will have no such effect
on State, local, or tribal governments, or
on the private sector.
Paperwork Reduction Act
This final rule contains no provisions
constituting a collection of information
under the Paperwork Reduction Act (44
U.S.C. 3501–3521).
DEPARTMENT OF VETERANS
AFFAIRS
ACTION:
there is good cause to make these
amendments effective on the date of
their publication in the Federal
Register.
Executive Orders 12866 and 13563
Executive Orders 12866 and 13563
direct agencies to assess the costs and
benefits of available regulatory
alternatives and, when regulation is
necessary, to select regulatory
approaches that maximize net benefits
(including potential economic,
environmental, public health and safety
effects, and other advantages;
distributive impacts; and equity).
Executive Order 13563 (Improving
Regulation and Regulatory Review)
emphasizes the importance of
quantifying both costs and benefits,
reducing costs, harmonizing rules, and
promoting flexibility. Executive Order
12866 (Regulatory Planning and
Review) defines a ‘‘significant
regulatory action,’’ which requires
review by the Office of Management and
Budget (OMB), as ‘‘any regulatory action
that is likely to result in a rule that may:
(1) Have an annual effect on the
economy of $100 million or more or
adversely affect in a material way the
economy, a sector of the economy,
productivity, competition, jobs, the
environment, public health or safety, or
State, local, or tribal governments or
communities; (2) Create a serious
inconsistency or otherwise interfere
with an action taken or planned by
another agency; (3) Materially alter the
budgetary impact of entitlements,
grants, user fees, or loan programs or the
rights and obligations of recipients
thereof; or (4) Raise novel legal or policy
issues arising out of legal mandates, the
President’s priorities, or the principles
set forth in this Executive Order.’’
VA has examined the economic,
interagency, budgetary, legal, and policy
implications of this regulatory action,
and it has been determined not to be a
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2099
significant regulatory action under
Executive Order 12866. VA’s impact
analysis can be found as a supporting
document at https://
www.regulations.gov, usually within 48
hours after the rulemaking document is
published. Additionally, a copy of the
rulemaking and its impact analysis are
available on VA’s Web site at https://
www1.va.gov/orpm/, by following the
link for ‘‘VA Regulations Published.’’
Regulatory Flexibility Act
The Secretary hereby certifies that
this final rule will not have a significant
economic impact on a substantial
number of small entities as they are
defined in the Regulatory Flexibility
Act, 5 U.S.C. 601–612. This final rule
consists of only nonsubstantive changes.
Therefore, pursuant to 5 U.S.C. 605(b),
this amendment is exempt from the
final regulatory flexibility analysis
requirements of section 604.
Catalog of Federal Domestic Assistance
The Catalog of Federal Domestic
Assistance program numbers and titles
are 64.100, Automobiles and Adaptive
Equipment for Certain Disabled
Veterans and Members of the Armed
Forces; 64.101, Burial Expenses
Allowance for Veterans; 64.104, Pension
for Non-Service-Connected Disability
for Veterans; 64.105, Pension to
Veterans Surviving Spouses, and
Children; 64.106, Specially Adapted
Housing for Disabled Veterans; 64.109,
Veterans Compensation for ServiceConnected Disability; and 64.110,
Veterans Dependency and Indemnity
Compensation for Service-Connected
Death.
Signing Authority
The Secretary of Veterans Affairs, or
designee, approved this document and
authorized the undersigned to sign and
submit the document to the Office of the
Federal Register for publication
electronically as an official document of
the Department of Veterans Affairs. Jose
D. Riojas, Chief of Staff, Department of
Veterans Affairs, approved this
document on January 2, 2014, for
publication.
List of Subjects
38 CFR Parts 3 and 4
Administrative practice and
procedure, Claims, Disability benefits,
Health care, Pensions, Radioactive
materials, Veterans, Vietnam.
E:\FR\FM\13JAR1.SGM
13JAR1
Agencies
[Federal Register Volume 79, Number 8 (Monday, January 13, 2014)]
[Rules and Regulations]
[Pages 2098-2099]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-00279]
=======================================================================
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DEPARTMENT OF HOMELAND SECURITY
Coast Guard
33 CFR Part 117
[Docket No. USCG-2013-1041]
Drawbridge Operation Regulation; Vermillion River, Abbeville, LA
AGENCY: Coast Guard, DHS.
ACTION: Notice of deviation from drawbridge regulation.
-----------------------------------------------------------------------
SUMMARY: The Coast Guard has issued a temporary deviation from the
regulation that governs the State Road (SR) 14 Bridge across the
Vermilion River, mile 25.4, at Abbeville, Vermilion Parish, Louisiana.
The deviation is necessary to affect replacement of the wire rope
cables. This is part of the normal maintenance that is required for
safe operation of the bridge. This deviation allows the bridge to
remain closed to navigation for 14 consecutive days.
DATES: This deviation is effective from 6 a.m. on January 20, 2014 to 7
p.m. on February 2, 2014.
ADDRESSES: The docket for this deviation, [USCG-2013-1041] is available
at https://www.regulations.gov. Type the docket number in the ``SEARCH''
box and click ``SEARCH.'' Click on Open Docket Folder on the line
associated with this deviation. You may also visit the Docket
Management Facility in Room W12-140 on the ground floor of the
Department of Transportation West Building, 1200 New Jersey Avenue SE.,
Washington, DC 20590, between 9 a.m. and 5 p.m., Monday through Friday,
except Federal holidays.
FOR FURTHER INFORMATION CONTACT: If you have questions on this
temporary deviation, call or email James Wetherington, Bridge
Administration Branch, Coast Guard, telephone 504-671-2128, email
james.r.wetherington@uscg.mil. If you have questions on viewing the
docket, call Cheryl Collins, Program Manager, Docket Operations,
telephone 202-366-9826.
SUPPLEMENTARY INFORMATION: The Louisiana Department of Transportation
and Development requested a temporary deviation from the normal
operation of the SR 14 Vermilion River, mile 25.4, at Abbeville,
Vermilion Parish, Louisiana in order to remove and replace the wire
rope cables required to operate the bridge. This maintenance is
essential for the continued safe operation of the vertical lift bridge.
This temporary deviation allows the bridge to remain closed from 6 a.m.
on January 20, 2014 through 7 p.m. on February 2, 2014.
The bridge has a vertical clearance of 6 feet above mean gulf
(MGL), elevation 0.0 feet (NGVD 29), in the closed-to-navigation
position and 61 feet in the open-to-navigation position.
In accordance with to 33 CFR 117.509(b)(1), the draw of the SR 14
Bridge, mile 25.4, shall open on signal; except that, from 6 p.m. to 10
a.m. the draw shall open on signal if at least four hour notice is
given. The draw will be unable to open for a vessel in distress.
Navigation on the waterway consists mainly of commercial tug and
barge traffic. The bridge logs for all of January and February show 26
and 50 openings respectively. The time period for the deviation is the
slow time for the commercial entities that would be most affected. As a
result of coordination between the State, Coast Guard and the waterway
users, it has been determined that this closure will not have a
significant effect on these vessels.
Vessels able to pass through the bridge in the closed positions may
do so at anytime. The bridge will not be able to open for emergencies.
There are no alternate routes for vessels that cannot pass through the
bridge in the closed-to-navigation position. The Coast Guard will also
inform the users of the waterways through our Local and
[[Page 2099]]
Broadcast Notices to Mariners of the change in operating schedule for
the bridge so that vessels can arrange their transits to minimize any
impact caused by the temporary deviation.
In accordance with 33 CFR 117.35(e), the drawbridge must return to
its regular operating schedule immediately at the end of the effective
period of this temporary deviation. This deviation from the operating
regulations is authorized under 33 CFR 117.35.
Dated: December 19, 2013.
David M. Frank,
Bridge Administrator.
[FR Doc. 2014-00279 Filed 1-10-14; 8:45 am]
BILLING CODE 9110-04-P