Suspension of Benefits Under the Multiemployer Pension Reform Act of 2014; Correction, 46882 [2015-19365]

Download as PDF 46882 Federal Register / Vol. 80, No. 151 / Thursday, August 6, 2015 / Proposed Rules in order to maintain air flow within the required tolerance; however, no adjustments to the unit under test may be made. (7) Condenser head pressure controls. Condenser head pressure controls of commercial unitary air conditioners and commercial unitary heat pumps, if typically shipped with units of the basic model by the manufacturer or available as an option to the basic model, must be active during testing. (8) Standard CFM. In the referenced sections of ANSI/AHRI 340/360–2007 for commercial unitary air conditioners and commercial unitary heat pumps, all instances of CFM refer to standard CFM (SCFM). Likewise, all references to airflow or air quantity refer to standard airflow and standard air quantity. (9) Capacity rating at part-load. When testing commercial unitary air conditioners and commercial unitary heat pumps to determine EER for the part-load rating points (i.e. 75 percent load, 50 percent load, and 25 percent load), if the measured capacity expressed as a percent of full load capacity for a given part-load test is within three percent above or below the target part-load percentage, the EER calculated for the test may be used without any interpolation to determine IEER. [FR Doc. 2015–19232 Filed 8–5–15; 8:45 am] BILLING CODE 6450–01–P Internal Revenue Service 26 CFR Part 1 [REG–102648–15] RIN 1545–BM66 Suspension of Benefits Under the Multiemployer Pension Reform Act of 2014; Correction Internal Revenue Service (IRS), Treasury. ACTION: Correction to a notice of proposed rulemaking, notice of proposed rulemaking by cross-reference to temporary regulations, and notice of public hearing. AGENCY: This document contains corrections to a notice of proposed rulemaking, notice of proposed rulemaking by cross-reference to temporary regulations, and notice of public hearing (REG–102648–15) that were published in the Federal Register on Friday, June 19, 2015 (80 FR 35262). The proposed regulations relate to multiemployer pension plans that are projected to have insufficient funds, at some point in the future, to pay the full benefits to which individuals will be entitled under the plans (referred to as plans in ‘‘critical and declining status’’). DATES: Written or electronic comments, and outlines of topics to be discussed at mstockstill on DSK4VPTVN1PROD with PROPOSALS VerDate Sep<11>2014 16:37 Aug 05, 2015 Jkt 235001 FOR FURTHER INFORMATION CONTACT: Department of the Treasury MPRA guidance information line (202) 622– 1559 (not a toll-free number). SUPPLEMENTARY INFORMATION: Background The notice of proposed rulemaking, notice of proposed rulemaking by crossreference to temporary regulations, and notice of public hearing (REG–102648– 15) that are the subject of this correction, are under section 432(e)(9) of the Internal Revenue Code. Need for Correction As published, the notice of proposed rulemaking, notice of proposed rulemaking by cross-reference to temporary regulations, and notice of public hearing (REG–102648–15) contain errors that may prove to be misleading and are in need of clarification. Correction of Publication DEPARTMENT OF THE TREASURY SUMMARY: the public hearing scheduled for September 10, 2015 for the notice of proposed rulemaking at 80 FR 35262, June 19, 2015, are still being accepted and must be received by August 18, 2015. Accordingly, the notice of proposed rulemaking, notice of proposed rulemaking by cross-reference to temporary regulations, and notice of public hearing (REG–102648–15), that are subject to FR Doc. 2015–14948, are corrected as follows: 1. On page 35264, in the preamble, second column, under paragraph heading ‘‘Limitations on Suspensions,’’ thirteenth line, the language ‘‘829 (1974)), as amended (ERISA) on the’’ is corrected to read ‘‘829 (1974)), as amended (ERISA), on the’’. 2. On page 35266, in the preamble, second column, second full paragraph, eleventh line, the language ‘‘in the documents under which the plain’’ is corrected to read ‘‘in the documents under which the plan’’. 3. On page 35266, in the preamble, third column, fifth line of the first full paragraph, the language ‘‘beneficiaries, or alternate payee that’’ is corrected to read ‘‘beneficiary, or alternate payee that’’. 4. On page 35266, in the preamble, third column, fifth line from the bottom of second full paragraph, the language ‘‘4022A(c)(2)(A) of ERISA) by the’’ is corrected to read ‘‘4022A(c)(2)(A) of ERISA) divided by the’’. 5. On page 35268, in the preamble, second column, first full paragraph, twenty-eighth line, the language ‘‘contributions, withdrawal liability, or’’ PO 00000 Frm 00030 Fmt 4702 Sfmt 9990 is corrected to read ‘‘contributions, withdrawal liability payments, or’’. 6. On page 35270, in the preamble, second column, fourth full paragraph, fifth line, the language ‘‘(and, if applicable, a proposed partition’’ is corrected to read ‘‘(and, if applicable, a proposed partition of the’’. 7. On page 35271, in the preamble, first column, under paragraph heading ‘‘Contact Information,’’ on the third line, the language ‘‘Department of the Treasury at (202)’’ is corrected to read ‘‘Department of the Treasury MPRA guidance information line at (202)’’. § 1.432(e)(9)–1 [Corrected] 8. On page 35274, first column, paragraph (d)(3)(viii), Example 1., paragraph (ii), the sixth line, the language ‘‘equal to the lesser of reduction that would’’ is corrected to read ‘‘equal to the lesser of the amount of reduction that would’’. 9. On page 35274, second column, paragraph (d)(3)(viii), Example 3., paragraph (iii), the thirteenth line, the language ‘‘(which is equal to the lesser of reduction that’’ is corrected to read ‘‘(which is equal to the lesser of the amount of reduction that’’. 10. On page 35274, second column, paragraph (d)(3)(viii), Example 3., paragraph (iii), eighteenth line, the language ‘‘1.1 × 639.50)).’’ is corrected to read ‘‘1.1 × $639.50))’’. 11. On page 35274, third column, paragraph (d)(3)(viii), Example 4., paragraph (ii), third line from the bottom of the paragraph, the language ‘‘be less than minimum benefit payable’’ is corrected to read ‘‘be less than the minimum benefit payable’’. 12. On page 35274, third column, paragraph (d)(4)(i), second line, the language ‘‘General rule [The text of the proposed’’ is corrected to read ‘‘General rule. [The text of the proposed’’. 13. On page 35276, second column, paragraph (d)(5)(iv)(C)(1), second line, the language ‘‘of end of the most recent calendar’’ is corrected to read ‘‘of the end of the most recent calendar’’. 14. On page 35280, second column, paragraph (h)(3)(i)(J), fifth line, the language ‘‘(and, if applicable, a proposed partition’’ is corrected to read ‘‘(and, if applicable, a proposed partition of the’’. Martin V. Franks, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2015–19365 Filed 8–5–15; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\06AUP1.SGM 06AUP1

Agencies

[Federal Register Volume 80, Number 151 (Thursday, August 6, 2015)]
[Proposed Rules]
[Page 46882]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-19365]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-102648-15]
RIN 1545-BM66


Suspension of Benefits Under the Multiemployer Pension Reform Act 
of 2014; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a notice of proposed rulemaking, notice of 
proposed rulemaking by cross-reference to temporary regulations, and 
notice of public hearing.

-----------------------------------------------------------------------

SUMMARY: This document contains corrections to a notice of proposed 
rulemaking, notice of proposed rulemaking by cross-reference to 
temporary regulations, and notice of public hearing (REG-102648-15) 
that were published in the Federal Register on Friday, June 19, 2015 
(80 FR 35262). The proposed regulations relate to multiemployer pension 
plans that are projected to have insufficient funds, at some point in 
the future, to pay the full benefits to which individuals will be 
entitled under the plans (referred to as plans in ``critical and 
declining status'').

DATES: Written or electronic comments, and outlines of topics to be 
discussed at the public hearing scheduled for September 10, 2015 for 
the notice of proposed rulemaking at 80 FR 35262, June 19, 2015, are 
still being accepted and must be received by August 18, 2015.

FOR FURTHER INFORMATION CONTACT: Department of the Treasury MPRA 
guidance information line (202) 622-1559 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking, notice of proposed rulemaking by 
cross-reference to temporary regulations, and notice of public hearing 
(REG-102648-15) that are the subject of this correction, are under 
section 432(e)(9) of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking, notice of proposed 
rulemaking by cross-reference to temporary regulations, and notice of 
public hearing (REG-102648-15) contain errors that may prove to be 
misleading and are in need of clarification.

Correction of Publication

    Accordingly, the notice of proposed rulemaking, notice of proposed 
rulemaking by cross-reference to temporary regulations, and notice of 
public hearing (REG-102648-15), that are subject to FR Doc. 2015-14948, 
are corrected as follows:
    1. On page 35264, in the preamble, second column, under paragraph 
heading ``Limitations on Suspensions,'' thirteenth line, the language 
``829 (1974)), as amended (ERISA) on the'' is corrected to read ``829 
(1974)), as amended (ERISA), on the''.
    2. On page 35266, in the preamble, second column, second full 
paragraph, eleventh line, the language ``in the documents under which 
the plain'' is corrected to read ``in the documents under which the 
plan''.
    3. On page 35266, in the preamble, third column, fifth line of the 
first full paragraph, the language ``beneficiaries, or alternate payee 
that'' is corrected to read ``beneficiary, or alternate payee that''.
    4. On page 35266, in the preamble, third column, fifth line from 
the bottom of second full paragraph, the language ``4022A(c)(2)(A) of 
ERISA) by the'' is corrected to read ``4022A(c)(2)(A) of ERISA) divided 
by the''.
    5. On page 35268, in the preamble, second column, first full 
paragraph, twenty-eighth line, the language ``contributions, withdrawal 
liability, or'' is corrected to read ``contributions, withdrawal 
liability payments, or''.
    6. On page 35270, in the preamble, second column, fourth full 
paragraph, fifth line, the language ``(and, if applicable, a proposed 
partition'' is corrected to read ``(and, if applicable, a proposed 
partition of the''.
    7. On page 35271, in the preamble, first column, under paragraph 
heading ``Contact Information,'' on the third line, the language 
``Department of the Treasury at (202)'' is corrected to read 
``Department of the Treasury MPRA guidance information line at (202)''.


Sec.  1.432(e)(9)-1  [Corrected]

    8. On page 35274, first column, paragraph (d)(3)(viii), Example 1., 
paragraph (ii), the sixth line, the language ``equal to the lesser of 
reduction that would'' is corrected to read ``equal to the lesser of 
the amount of reduction that would''.
    9. On page 35274, second column, paragraph (d)(3)(viii), Example 
3., paragraph (iii), the thirteenth line, the language ``(which is 
equal to the lesser of reduction that'' is corrected to read ``(which 
is equal to the lesser of the amount of reduction that''.
    10. On page 35274, second column, paragraph (d)(3)(viii), Example 
3., paragraph (iii), eighteenth line, the language ``1.1 x 639.50)).'' 
is corrected to read ``1.1 x $639.50))''.
    11. On page 35274, third column, paragraph (d)(3)(viii), Example 
4., paragraph (ii), third line from the bottom of the paragraph, the 
language ``be less than minimum benefit payable'' is corrected to read 
``be less than the minimum benefit payable''.
    12. On page 35274, third column, paragraph (d)(4)(i), second line, 
the language ``General rule [The text of the proposed'' is corrected to 
read ``General rule. [The text of the proposed''.
    13. On page 35276, second column, paragraph (d)(5)(iv)(C)(1), 
second line, the language ``of end of the most recent calendar'' is 
corrected to read ``of the end of the most recent calendar''.
    14. On page 35280, second column, paragraph (h)(3)(i)(J), fifth 
line, the language ``(and, if applicable, a proposed partition'' is 
corrected to read ``(and, if applicable, a proposed partition of the''.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-19365 Filed 8-5-15; 8:45 am]
 BILLING CODE 4830-01-P