Exception From Passive Income for Certain Foreign Insurance Companies; Hearing, 50239-50240 [2015-20468]

Download as PDF rmajette on DSK2VPTVN1PROD with PROPOSALS Federal Register / Vol. 80, No. 160 / Wednesday, August 19, 2015 / Proposed Rules Commission, Room 820, 4330 East West Highway, Bethesda, MD 20814; telephone (301) 504–6833. SUPPLEMENTARY INFORMATION: The Commission received a petition requesting that the Commission initiate rulemaking under the FHSA to declare several categories of products containing additive organohalogen flame retardants to be ‘‘banned hazardous substances.’’ Specifically, the request asks the Commission to declare that: • Any durable infant or toddler product, children’s toy, child care article, or other children’s product (other than children’s car seats) that contains additive organohalogen flame retardants, is a ‘‘banned hazardous substance’’; • Any article of upholstered furniture sold for use in residences and containing additive organohalogen flame retardants is a ‘‘hazardous substance’’ and a ‘‘banned hazardous substance’’; • Any mattress or mattress pad with additive organohalogen flame retardants is a ‘‘hazardous substance’’ and a ‘‘banned hazardous substance’’; and • Any electronic device with additive organohalogen flame retardants in its plastic casing is a ‘‘hazardous substance’’ and a ‘‘banned hazardous substance.’’ The petition was filed by Earthjustice and the Consumer Federation of America, which are joined by American Academy of Pediatrics, American Medical Women’s Association, Consumers Union, Green Science Policy Institute, International Association of Fire Fighters, Kids in Danger, Philip Landrigan, M.D., M.P.H., League of United Latin American Citizens, Learning Disabilities Association of America, and Worksafe. Petitioners assert that additive organohalogen flame retardants are used extensively in the consumer products categories that would be covered by their rulemaking request. Petitioners further assert that, based on the physicochemical properties of additive organohalogen flame retardants, all such chemicals in this class will migrate out of consumer products and persist in the indoor environment. According to petitioners, because organohalogen flame retardants are, as a class, foreign to the human body and inherently toxic due to their physical, chemical, and biological properties, human exposure to these chemicals will result in adverse human health impacts. Finally, petitioners provide data and information regarding adverse human health impacts, which include VerDate Sep<11>2014 15:11 Aug 18, 2015 Jkt 235001 reproductive impairment, neurological impacts, endocrine disruption and interference with thyroid hormone action, genotoxicity, cancer, and immune disorders. Petitioners assert that declaring the specified categories of products containing additive organohalogen flame retardants to be ‘‘banned hazardous substances’’ is necessary to adequately protect public health and safety. More specifically, petitioners assert that action short of a ban under the FHSA would not adequately protect the public health and safety because warning labeling cannot adequately prevent or control exposure to flame retardants that migrate from products into homes. Furthermore, petitioners argue that the ban must apply to the entire class of additive organohalogen flame retardants because banning only individual chemicals within that class would allow other inherently toxic chemicals within that class to be used. By this notice, the Commission seeks comments concerning this petition. Interested parties may obtain a copy of the petition by writing or calling the Office of the Secretary, U.S. Consumer Product Safety Commission, Room 820, 4330 East West Highway, Bethesda, MD 20814; telephone (301) 504–7923. A copy of the petition is also available for viewing under ‘‘Supporting and Related Materials’’ in www.regulations.gov under this docket number, Docket No. CPSC–2015–0022. Dated: August 14, 2015. Todd A. Stevenson, Secretary, U.S. Consumer Product Safety Commission. [FR Doc. 2015–20454 Filed 8–18–15; 8:45 am] BILLING CODE 6355–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–108214–15] RIN 1545–BM69 Exception From Passive Income for Certain Foreign Insurance Companies; Hearing Internal Revenue Service (IRS), Treasury. ACTION: Notice of a public hearing on notice of proposed rulemaking. AGENCY: This document provides a notice of public hearing on proposed regulations that provide guidance regarding when a foreign insurance company’s income is excluded from the SUMMARY: PO 00000 Frm 00015 Fmt 4702 Sfmt 4702 50239 definition of passive income under section 1297(b)(2)(B). DATES: The public hearing is being held on Friday, September 18, 2015, at 10:00 a.m. The IRS must receive outlines of the topics to be discussed at the public hearing by Wednesday, August 26, 2015. ADDRESSES: The public hearing is being held in the IRS Auditorium, Internal Revenue Service Building, 1111 Constitution Avenue NW., Washington, DC 20224. Due to building security procedures, visitors must enter at the Constitution Avenue entrance. In addition, all visitors must present photo identification to enter the building. Send Submissions to CC:PA:LPD:PR (REG–108214–15), Room 5205, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be handdelivered Monday through Friday to CC:PA:LPD:PR (REG–108214–15), Couriers Desk, Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 20224 or sent electronically via the Federal eRulemaking Portal at www.regulations.gov (REG–108214–15). FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, Josephine Firehock at (202) 317–4932; concerning submissions of comments, the hearing and/or to be placed on the building access list to attend the hearing Oluwafunmilayo Taylor at (202) 317– 6901 (not toll-free numbers). SUPPLEMENTARY INFORMATION: The subject of the public hearing is the notice of proposed rulemaking (REG– 108214–15) that was published in the Federal Register on Friday, April 24, 2015 (80 FR 22954). The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who wish to present oral comments at the hearing that submitted written comments by July 23, 2015, must submit an outline of the topics to be addressed and the amount of time to be denoted to each topic by Wednesday, August 19, 2015. A period of 10 minutes is allotted to each person for presenting oral comments. After the deadline for receiving outlines has passed, the IRS will prepare an agenda containing the schedule of speakers. Copies of the agenda will be made available, free of charge, at the hearing or in the Freedom of Information Reading Room (FOIA RR) (Room 1621) which is located at the 11th and Pennsylvania Avenue NW., entrance, 1111 Constitution Avenue NW., Washington, DC 20224. Because of access restrictions, the IRS will not admit visitors beyond the immediate entrance area more than 30 E:\FR\FM\19AUP1.SGM 19AUP1 50240 Federal Register / Vol. 80, No. 160 / Wednesday, August 19, 2015 / Proposed Rules minutes before the hearing starts. For information about having your name placed on the building access list to attend the hearing, see the FOR FURTHER INFORMATION CONTACT section of this document. Martin V. Franks, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2015–20468 Filed 8–18–15; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–115452–14] RIN 1545–BM12 Disguised Payments for Services; Correction Internal Revenue Service (IRS), Treasury. ACTION: Correction to a notice of proposed rulemaking. AGENCY: This document contains corrections to a notice of proposed rulemaking (REG–115452–14) that was published in the Federal Register on Thursday, July 23, 2015 (80 FR 43652). The proposed regulations are relating to disguised payments for services under section 707(a)(2)(A) of the Internal Revenue Code. The proposed regulations provide guidance to partnerships and their partners regarding when an arrangement will be treated as a disguised payment for services. SUMMARY: Written or electronic comments and requests for a public hearing for the notice of proposed rulemaking published at 80 FR 43625, July 23, 2015, are still being accepted and must be received by October 21, 2015. FOR FURTHER INFORMATION CONTACT: Jaclyn Goldberg at (202) 317–6850 (not a toll free number). SUPPLEMENTARY INFORMATION: DATES: rmajette on DSK2VPTVN1PROD with PROPOSALS Background The notice of proposed rulemaking (REG–115452–14) that is the subject of these corrections is under section 707 of the Internal Revenue Code. Need for Correction As published, the notice of proposed (REG–115452–14) contains errors that may prove to be misleading and are in need of clarification. VerDate Sep<11>2014 15:11 Aug 18, 2015 Jkt 235001 Correction of Publication Accordingly, the notice of proposed rulemaking (REG–115452–14), that was the subject of FR Doc. 2015–17828, is corrected as follows: 1. On page 43652, in the preamble, first column, under the caption ADDRESSES, the eleventh line of the paragraph, the language ‘‘Washington, DC, or sent electronically, ’’ is corrected to read ‘‘Washington, DC, 20224 or sent electronically,’’. 2. On page 43653, in the preamble, first column, the tenth line from the bottom of the first full paragraph, the language ‘‘gross income allocation in a nonpartner’’ is corrected to read ‘‘gross income allocation in a non-partner’’. 3. On page 43655, in the preamble, second column, the third line from the bottom of the second full paragraph, the language ‘‘66–95 and revise Rev. Rul. 69–180,’’ is corrected to read ‘‘66–95 and Rev. Rul. 69–180,’’. 4. On page 43657, in the preamble, third column, under the paragraph heading ‘‘Drafting Information’’ the third line of the paragraph, the language ‘‘Goldberg of the Office Assistant Chief’’ is corrected to read ‘‘Goldberg of the Office Associate Chief’’. § 1.707–2 [Corrected] 5. On page 46358, column 3, paragraph (c), the eighth and ninth lines, the language ‘‘arrangement constitutes in whole or in part a payment for services. The’’ is corrected to read ‘‘arrangement constitutes (in whole or in part) a payment for services. The.’’. 6. On page 43659, column 1, paragraph (d) Example 1, the twelfth line, the language ‘‘first two years of partnership’s operations.’’ is corrected to read ‘‘first two years of the partnership’s operations.’’. 7. On page 43660, column 1, paragraph (d), Example 3 (iv), the sixteenth line, the language ‘‘the presence or absence of entrepreneurial’’ is corrected to read ‘‘the presence or absence of significant entrepreneurial’’. 8. On page 43660, column 1, paragraph (d), Example 4 (ii), the last line of the column, the language ‘‘entrepreneurial risk. The special allocation to’’ is corrected to read ‘‘significant entrepreneurial risk. The special allocation to’’. 9. On page 43660, column 3, paragraph (d), Example 6 (ii), the fourth line from the bottom of the column, the language ‘‘waiver of the partnership. PO 00000 Frm 00016 Fmt 4702 Sfmt 4702 The ABC’’ is corrected to read ‘‘waiver of the fee. The ABC’’. Martin V. Franks, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2015–20476 Filed 8–18–15; 8:45 am] BILLING CODE 4830–01–P ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 52 [EPA–R06–OAR–2006–0131; FRL–9930–17Region-6] Approval and Promulgation of Implementation Plans; Louisiana; Major Source Permitting State Implementation Plan Environmental Protection Agency (EPA). ACTION: Proposed rule. AGENCY: The Environmental Protection Agency (EPA) is proposing to approve portions of revisions to the Louisiana New Source Review (NSR) State Implementation Plan (SIP) submitted by the State of Louisiana designee. These revisions are updates to the Prevention of Significant Deterioration (PSD) and Nonattainment NSR (NNSR) permit programs. SUMMARY: Written comments must be received on or before September 18, 2015. DATES: Submit your comments, identified by Docket ID No. EPA–R06– OAR–2006–0131, by one of the following methods: • http://www.regulations.gov. Follow the online instructions. • Email: Stephanie Kordzi at kordzi.stephanie@epa.gov. • Mail or delivery: Stephanie Kordzi, Air Permits Section (6PD–R), Environmental Protection Agency, 1445 Ross Avenue, Suite 1200, Dallas, Texas 75202–2733. Instructions: Direct your comments to Docket ID No. EPA–R06–OAR–2006– 0131. The EPA’s policy is that all comments received will be included in the public docket without change and may be made available online at http://www.regulations.gov, including any personal information provided, unless the comment includes information claimed to be Confidential Business Information (CBI) or other information the disclosure of which is restricted by statute. Do not submit information through http:// www.regulations.gov or email, if you ADDRESSES: E:\FR\FM\19AUP1.SGM 19AUP1

Agencies

[Federal Register Volume 80, Number 160 (Wednesday, August 19, 2015)]
[Proposed Rules]
[Pages 50239-50240]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-20468]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-108214-15]
RIN 1545-BM69


Exception From Passive Income for Certain Foreign Insurance 
Companies; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of a public hearing on notice of proposed rulemaking.

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SUMMARY: This document provides a notice of public hearing on proposed 
regulations that provide guidance regarding when a foreign insurance 
company's income is excluded from the definition of passive income 
under section 1297(b)(2)(B).

DATES: The public hearing is being held on Friday, September 18, 2015, 
at 10:00 a.m. The IRS must receive outlines of the topics to be 
discussed at the public hearing by Wednesday, August 26, 2015.

ADDRESSES: The public hearing is being held in the IRS Auditorium, 
Internal Revenue Service Building, 1111 Constitution Avenue NW., 
Washington, DC 20224. Due to building security procedures, visitors 
must enter at the Constitution Avenue entrance. In addition, all 
visitors must present photo identification to enter the building.
    Send Submissions to CC:PA:LPD:PR (REG-108214-15), Room 5205, 
Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, 
Washington, DC 20044. Submissions may be hand-delivered Monday through 
Friday to CC:PA:LPD:PR (REG-108214-15), Couriers Desk, Internal Revenue 
Service, 1111 Constitution Avenue NW., Washington, DC 20224 or sent 
electronically via the Federal eRulemaking Portal at 
www.regulations.gov (REG-108214-15).

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Josephine Firehock at (202) 317-4932; concerning submissions of 
comments, the hearing and/or to be placed on the building access list 
to attend the hearing Oluwafunmilayo Taylor at (202) 317-6901 (not 
toll-free numbers).

SUPPLEMENTARY INFORMATION: The subject of the public hearing is the 
notice of proposed rulemaking (REG-108214-15) that was published in the 
Federal Register on Friday, April 24, 2015 (80 FR 22954).
    The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who 
wish to present oral comments at the hearing that submitted written 
comments by July 23, 2015, must submit an outline of the topics to be 
addressed and the amount of time to be denoted to each topic by 
Wednesday, August 19, 2015.
    A period of 10 minutes is allotted to each person for presenting 
oral comments. After the deadline for receiving outlines has passed, 
the IRS will prepare an agenda containing the schedule of speakers. 
Copies of the agenda will be made available, free of charge, at the 
hearing or in the Freedom of Information Reading Room (FOIA RR) (Room 
1621) which is located at the 11th and Pennsylvania Avenue NW., 
entrance, 1111 Constitution Avenue NW., Washington, DC 20224.
    Because of access restrictions, the IRS will not admit visitors 
beyond the immediate entrance area more than 30

[[Page 50240]]

minutes before the hearing starts. For information about having your 
name placed on the building access list to attend the hearing, see the 
FOR FURTHER INFORMATION CONTACT section of this document.

Martin V. Franks,
 Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-20468 Filed 8-18-15; 8:45 am]
 BILLING CODE 4830-01-P