Issue Price Definition for Tax-Exempt Bonds; Correction, 45466-45467 [2015-18614]
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45466
ACTION:
Federal Register / Vol. 80, No. 146 / Thursday, July 30, 2015 / Proposed Rules
Notification of availability.
The Food and Drug
Administration (FDA, we, or the
Agency) is announcing the availability
of a draft guidance for industry entitled
‘‘FDA’s Policy on Declaring Small
Amounts of Nutrients and Dietary
Ingredients on Nutrition Labels:
Guidance for Industry.’’ The draft
guidance, when finalized, will explain
to manufacturers of conventional foods
and dietary supplements our policy on
determining the amount to declare on
the nutrition label for certain nutrients
and dietary ingredients that are present
in a small amount.
DATES: Although you can comment on
any guidance at any time (see 21 CFR
10.115(g)(5)), to ensure that the Agency
considers your comment on the draft
guidance before it begins work on the
final version of the guidance, submit
either electronic or written comments
on the draft guidance by September 28,
2015.
ADDRESSES: Submit written requests for
single copies of the draft guidance to the
Office of Nutrition, Labeling, and
Dietary Supplements, Center for Food
Safety and Applied Nutrition (HFS–
820), Food and Drug Administration,
5100 Paint Branch Pkwy., College Park,
MD 20740. Send two self-addressed
adhesive labels to assist the office in
processing your request. See the
SUPPLEMENTARY INFORMATION section for
electronic access to the draft guidance.
Submit electronic comments on the
draft guidance to https://
www.regulations.gov. Submit written
comments on the draft guidance to the
Division of Dockets Management (HFA–
305), Food and Drug Administration,
5630 Fishers Lane, Rm. 1061, Rockville,
MD 20852.
FOR FURTHER INFORMATION CONTACT:
Carole Adler, Center for Food Safety and
Applied Nutrition (HFS–820), Food and
Drug Administration, 5100 Paint Branch
Pkwy., College Park, MD 20740, 240–
402–2371.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Lhorne on DSK7TPTVN1PROD with PROPOSALS
I. Background
We are announcing the availability of
a draft guidance for industry entitled
‘‘FDA’s Policy on Declaring Small
Amounts of Nutrients and Dietary
Ingredients on Nutrition Labels:
Guidance for Industry.’’ We are issuing
the draft guidance consistent with our
good guidance practices regulation (21
CFR 10.115). The draft guidance
represents the current thinking of FDA
on our policy on declaring small
amounts of nutrients and dietary
ingredients on nutrition labels. It does
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13:52 Jul 29, 2015
Jkt 235001
not establish any rights for any person
and is not binding on FDA or the public.
You can use an alternative approach if
it satisfies the requirements of the
applicable statutes and regulations.
The draft guidance, when finalized,
will explain our nutrition labeling
policy on declaring the nutrient values
in conventional foods and dietary
ingredient values in dietary
supplements in certain cases.
Specifically, declaring small amounts of
nutrients and dietary ingredients in the
nutrition labeling may result in a
conflict between 21 CFR 101.9(c)(1)
through (8) and 21 CFR 101.9(g)(4)(ii)
and 21 CFR 101.9(g)(5). In such cases,
we are recommending manufacturers
declare nutrients and dietary
ingredients in accordance with
§ 101.9(c)(1) through (8). If the draft
guidance is finalized, we intend to
consider the use of our enforcement
discretion with respect to the
compliance requirements in
§ 101.9(g)(4)(ii)) and § 101.9(g)(5) when
a conflict exists with § 101.9(c)(1)
through (8).
We also are considering whether
changes to our nutrition labeling
regulations are needed, including
changes to § 101.9(c) or (g), or both. If
we determine that rulemaking is
needed, we will consider whether to
revise or withdraw the draft guidance.
II. Paperwork Reduction Act of 1995
The draft guidance refers to
previously approved collections of
information found in FDA regulations.
These collections of information are
subject to review by the Office of
Management and Budget (OMB) under
the Paperwork Reduction Act of 1995
(44 U.S.C. 3501–3520). The collections
of information in § 101.9 have been
approved under OMB control number
0910–0381.
III. Comments
Interested persons may submit either
electronic comments regarding the draft
guidance to https://www.regulations.gov
or written comments regarding the draft
guidance to the Division of Dockets
Management (see ADDRESSES). It is only
necessary to send one set of comments.
Identify comments with the docket
number found in brackets in the
heading of this document. Received
comments may be seen in the Division
of Dockets Management between 9 a.m.
and 4 p.m., Monday through Friday, and
will be posted to the docket at https://
www.regulations.gov.
IV. Electronic Access
Persons with access to the Internet
may obtain the draft guidance document
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at https://www.fda.gov/FoodGuidances
or https://www.regulations.gov. Use the
FDA Web site listed in the previous
sentence to find the most current
version of the guidance.
Dated: July 24, 2015.
Leslie Kux,
Associate Commissioner for Policy.
[FR Doc. 2015–18655 Filed 7–29–15; 8:45 am]
BILLING CODE 4164–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG–138526–14]
RIN 1545–BM46
Issue Price Definition for Tax-Exempt
Bonds; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Partial withdrawal of notice of
proposed rulemaking, notice of
proposed rulemaking, and notice of
public hearing; correction.
AGENCY:
This document contains
corrections to partial withdrawal of
notice of proposed rulemaking, notice of
proposed rulemaking, and notice of
public hearing; correction (REG–
138526–14) that were published in the
Federal Register on Wednesday, June
24, 2015 (80 FR 36301). The partial
withdrawal of notice of proposed
rulemaking, notice of proposed
rulemaking, and notice of public
hearing are relating to the definition of
issue price for purposes of the arbitrage
restrictions under section 148 of the
Internal Revenue Code (Code).
DATES: Written or electronic comments
and requests for a public hearing for the
notice of proposed rulemaking
published at 80 FR 36301, June 24,
2015, are still being accepted and must
be received by September 22, 2015.
FOR FURTHER INFORMATION CONTACT:
Lewis Bell at (202) 317–6980 (not a tollfree number).
SUPPLEMENTARY INFORMATION:
SUMMARY:
Background
The notice of proposed rulemaking
that is the subject of this correction is
under section 148 of the Internal
Revenue Code.
Need for Correction
As published in the Wednesday, June
24, 2015 (80 FR 36301) partial
withdrawal of notice of proposed
rulemaking, notice of proposed
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Federal Register / Vol. 80, No. 146 / Thursday, July 30, 2015 / Proposed Rules
rulemaking, and notice of public
hearing (REG–138526–14) contains an
error that may prove to be misleading,
and is in need of clarification.
Correction of Publication
Accordingly, the partial withdrawal of
notice of proposed rulemaking, notice of
proposed rulemaking, and notice of
public hearing (REG–138526–14) that is
subject to FR Doc. 2015–15411, is
corrected as follows:
§ 1.148–1
[Corrected]
1. On page 36305, second column,
second line of paragraph (f)(3)(ii), the
language ‘‘include’’ is corrected to read
‘‘includes’’.
■
Martin V. Franks,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. 2015–18614 Filed 7–29–15; 8:45 am]
BILLING CODE 4830–01–P
POSTAL REGULATORY COMMISSION
39 CFR Part 3050
[Docket No. RM2015–13; Order No. 2599]
Periodic Reporting
Postal Regulatory Commission.
Notice of proposed rulemaking.
AGENCY:
ACTION:
The Commission is noticing a
recent Postal Service filing requesting
that the Commission initiate an informal
rulemaking proceeding to consider
changes to analytical principles relating
to periodic reports (Proposal Five). This
notice informs the public of the filing,
invites public comment, and takes other
administrative steps.
DATES: Comments are due: August 31,
2015. Reply Comments are due:
September 15, 2015.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
SUMMARY:
Lhorne on DSK7TPTVN1PROD with PROPOSALS
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Proposal Five: A New Methodology To
Develop IMTS—Outbound and Inbound
Product Costs
III. Initial Commission Action
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IV. Ordering Paragraphs
I. Introduction
In the Fiscal Year 2014 Annual
Compliance Determination (FY 2014
ACD), the Commission directed the
Postal Service to report within 90 days
on the feasibility of developing
attributable costs for the International
Money Transfer Service (IMTS)—
Outbound and Inbound products based
upon alternatives to the In-Office Cost
System (IOCS).1 Cost data for the
IMTS—Outbound and Inbound
products are reported in the
International Cost and Revenue
Analysis (ICRA) report.
On June 30, 2015, the Postal Service
filed its response to this directive.2 In
Item No. 4 of the Response, the Postal
Service proposes to use data reported by
the Federal Reserve Bank to estimate the
transaction volume for the IMTS—
Inbound product. Id. at 3. The Postal
Service also proposes to use the
inbound transaction volume in a new
methodology to develop attributable
costs for the IMTS—Outbound and
Inbound products as an alternative to
using IOCS statistical data. Id. at 5.
Pursuant to 39 CFR 3050.11 et. seq.,
the Commission establishes the instant
docket to initiate an informal
rulemaking proceeding to consider the
changes proposed in Item No. 4 of the
Response to the Commission’s directive
in the FY 2014 ACD. The proposed
changes to the IMTS—Outbound and
Inbound products are labeled as
Proposal Five and will be considered in
this docket.
II. Proposal Five: A New Methodology
To Develop IMTS—Outbound and
Inbound Product Costs
The Postal Service proposes to
estimate the transaction volume for the
IMTS—Inbound product for the first
time on an annual basis using data
available from the Federal Reserve Bank
on the number of foreign-origin money
orders cashed by the Postal Service. Id.
at 3. Using this new inbound transaction
volume, the Postal Service proposes a
new methodology to develop the
attributable costs of the IMTS—
Outbound and Inbound products. Id.
at 5.
Currently, total attributable costs for
the combined IMTS—Outbound and
1 Docket No. ACR2014, Fiscal Year 2014 Annual
Compliance Determination Report, March 27, 2015,
at 76 (FY 2014 ACD). The IOCS is one of several
Postal Service statistical sampling systems used to
develop product costs.
2 Docket No. ACR2014, Responses of the United
States Postal Service to Commission Requests for
Additional Information Regarding IMTS and EPG in
the FY 2014 Annual Compliance Determination,
June 30, 2015 (Response).
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45467
Inbound products are distributed
between the products using IOCS
tallies.3 The Postal Service states that
both the IMTS—Outbound and Inbound
products are small products with
relatively few transactions. Response at
4. As a result, it is difficult to obtain a
sufficient number of IOCS tallies to
reliably estimate attributable costs for
the IMTS—Outbound product, which
causes relatively volatile unit costs yearto-year. Id. Moreover, in most fiscal
years, the Postal Service has been
unable to develop attributable costs for
the IMTS—Inbound product because of
an absence of IOCS tallies. In addition,
the ICRA report does not present
transaction volume for the IMTS—
Inbound product because the Postal
Service has been unable to estimate
such transaction volume through special
studies or the use of data from postal
retail systems. Id. at 2–3.
To develop attributable costs for the
IMTS—Outbound and Inbound
products, the Postal Service proposes to
use an estimate of retail window service
time for electronic wire transfer
transactions to develop an electronic
window service cost per transaction. Id.
at 5. When multiplied by the number of
electronic transfer transactions, the
resulting total electronic window
service costs is then subtracted from the
total attributable costs for the combined
IMTS products, with the remainder
apportioned between transactions for
outbound paper money orders and
foreign-origin money orders cashed by
the Postal Service based on transaction
volume. Id.
III. Initial Commission Action
The Commission establishes Docket
No. RM2015–13 for consideration of
matters raised by Item No. 4 of the
Response, now identified as Proposal
Five. More information on Proposal Five
may be accessed via the Commission’s
Web site at https://www.prc.gov. The
Postal Service filed portions of its
supporting documentation under seal as
part of a non-public annex. Information
concerning access to non-public
materials is located in 39 CFR part 3007.
Interested persons may submit
comments on Proposal Five no later
3 See Docket No. RM2011–5, Order No. 724,
Order Concerning Analytical Principles for Periodic
Reporting (Proposals Ten through Twelve, May 4,
2011, at 6–8. The IOCS collects data on the
proportion of time spent by an employee
performing various functions on different mail
products or services. These proportions of time are
used to estimate the costs of such products or
services. An example might be the time spent by
city carriers in a delivery post office casing (i.e.,
sorting) mail. Individuals referred to as ‘‘tally
takers’’ sample the time data; hence, the term tally
is used to identify the source of the data.
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Agencies
[Federal Register Volume 80, Number 146 (Thursday, July 30, 2015)]
[Proposed Rules]
[Pages 45466-45467]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-18614]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-138526-14]
RIN 1545-BM46
Issue Price Definition for Tax-Exempt Bonds; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Partial withdrawal of notice of proposed rulemaking, notice of
proposed rulemaking, and notice of public hearing; correction.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to partial withdrawal of
notice of proposed rulemaking, notice of proposed rulemaking, and
notice of public hearing; correction (REG-138526-14) that were
published in the Federal Register on Wednesday, June 24, 2015 (80 FR
36301). The partial withdrawal of notice of proposed rulemaking, notice
of proposed rulemaking, and notice of public hearing are relating to
the definition of issue price for purposes of the arbitrage
restrictions under section 148 of the Internal Revenue Code (Code).
DATES: Written or electronic comments and requests for a public hearing
for the notice of proposed rulemaking published at 80 FR 36301, June
24, 2015, are still being accepted and must be received by September
22, 2015.
FOR FURTHER INFORMATION CONTACT: Lewis Bell at (202) 317-6980 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking that is the subject of this
correction is under section 148 of the Internal Revenue Code.
Need for Correction
As published in the Wednesday, June 24, 2015 (80 FR 36301) partial
withdrawal of notice of proposed rulemaking, notice of proposed
[[Page 45467]]
rulemaking, and notice of public hearing (REG-138526-14) contains an
error that may prove to be misleading, and is in need of clarification.
Correction of Publication
Accordingly, the partial withdrawal of notice of proposed
rulemaking, notice of proposed rulemaking, and notice of public hearing
(REG-138526-14) that is subject to FR Doc. 2015-15411, is corrected as
follows:
Sec. 1.148-1 [Corrected]
0
1. On page 36305, second column, second line of paragraph (f)(3)(ii),
the language ``include'' is corrected to read ``includes''.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-18614 Filed 7-29-15; 8:45 am]
BILLING CODE 4830-01-P