Guidance on Passive Foreign Investment Companies; Hearing Cancellation, 65937-65938 [2019-25955]

Download as PDF Federal Register / Vol. 84, No. 231 / Monday, December 2, 2019 / Proposed Rules aircraft in air commerce by prescribing regulations for practices, methods, and procedures the Administrator finds necessary for safety in air commerce. This regulation is within the scope of that authority because it addresses an unsafe condition that is likely to exist or develop on products identified in this rulemaking action. This proposed AD is issued in accordance with authority delegated by the Executive Director, Aircraft Certification Service, as authorized by FAA Order 8000.51C. In accordance with that order, issuance of ADs is normally a function of the Compliance and Airworthiness Division, but during this transition period, the Executive Director has delegated the authority to issue ADs applicable to transport category airplanes and associated appliances to the Director of the System Oversight Division. Regulatory Findings The FAA determined that this proposed AD would not have federalism implications under Executive Order 13132. This proposed AD would not have a substantial direct effect on the States, on the relationship between the national Government and the States, or on the distribution of power and responsibilities among the various levels of government. For the reasons discussed above, I certify this proposed regulation: (1) Is not a ‘‘significant regulatory action’’ under Executive Order 12866, (2) Will not affect intrastate aviation in Alaska, and (3) Will not have a significant economic impact, positive or negative, on a substantial number of small entities under the criteria of the Regulatory Flexibility Act. List of Subjects in 14 CFR Part 39 Air transportation, Aircraft, Aviation safety, Incorporation by reference, Safety. The Proposed Amendment Accordingly, under the authority delegated to me by the Administrator, the FAA proposes to amend 14 CFR part 39 as follows: jbell on DSKJLSW7X2PROD with PROPOSALS PART 39—AIRWORTHINESS DIRECTIVES 1. The authority citation for part 39 continues to read as follows: ■ Authority: 49 U.S.C. 106(g), 40113, 44701. § 39.13 [Amended] 2. The FAA amends § 39.13 by adding the following new airworthiness directive (AD): ■ VerDate Sep<11>2014 16:24 Nov 29, 2019 Jkt 250001 Bombardier, Inc.: Docket No. FAA–2019– 0877; Product Identifier 2019–NM–146– AD. (a) Comments Due Date The FAA must receive comments by January 16, 2020. (b) Affected ADs None. (c) Applicability This AD applies to Bombardier, Inc., Model CL–600–2B19 (Regional Jet Series 100 & 440) airplanes, certificated in any category, as identified in Bombardier Service Bulletin 601R–24–131, dated June 28, 2012. (d) Subject Air Transport Association (ATA) of America Code 24, Electrical power. (e) Reason This AD was prompted by a report that a fouling condition was found between the generator power cables and the support brackets of the auxiliary-aft fuel tank during production. The FAA is issuing this AD to address damage to the insulation sleeve of the generator power cables that can potentially cause a short circuit, arcing, and a malfunction of one or both main generators. (f) Compliance Comply with this AD within the compliance times specified, unless already done. (g) Required Actions Within 18 months after the effective date of this AD, visually inspect the generator power cables and wire strands for damage, install protective conduits and edging grommets, and do all applicable corrective actions in accordance with the Accomplishment Instructions of Bombardier Service Bulletin 601R–24–131, dated June 28, 2012. Do all applicable corrective actions before further flight. (h) Other FAA AD Provisions The following provisions also apply to this AD: (1) Alternative Methods of Compliance (AMOCs): The Manager, New York ACO Branch, FAA, has the authority to approve AMOCs for this AD, if requested using the procedures found in 14 CFR 39.19. In accordance with 14 CFR 39.19, send your request to your principal inspector or local Flight Standards District Office, as appropriate. If sending information directly to the manager of the certification office, send it to ATTN: Program Manager, Continuing Operational Safety, FAA, New York ACO Branch, 1600 Stewart Avenue, Suite 410, Westbury, NY 11590; telephone 516–228–7300; fax 516–794–5531. Before using any approved AMOC, notify your appropriate principal inspector, or lacking a principal inspector, the manager of the local flight standards district office/certificate holding district office. (2) Contacting the Manufacturer: For any requirement in this AD to obtain instructions from a manufacturer, the instructions must be accomplished using a method approved PO 00000 Frm 00009 Fmt 4702 Sfmt 4702 65937 by the Manager, New York ACO Branch, FAA; or Transport Canada Civil Aviation (TCCA); or Bombardier, Inc.’s TCCA Design Approval Organization (DAO). If approved by the DAO, the approval must include the DAO-authorized signature. (i) Related Information (1) Refer to Mandatory Continuing Airworthiness Information (MCAI) Canadian Airworthiness Directive CF–2019–22, dated May 27, 2019, for related information. This MCAI may be found in the AD docket on the internet at https://www.regulations.gov by searching for and locating Docket No. FAA– 2019–0877. (2) For more information about this AD, contact Thomas Niczky, Aerospace Engineer, Avionics and Electrical Systems Services Section, FAA, New York ACO Branch, 1600 Stewart Avenue, Suite 410, Westbury, NY 11590; telephone 516–228–7347; fax 516– 794–5531; email 9-avs-nyaco-cos@faa.gov. (3) For service information identified in this AD, contact Bombardier, Inc., 400 CoˆteVertu Road West, Dorval, Que´bec H4S 1Y9, Canada; Widebody Customer Response Center North America toll-free telephone 1– 866–538–1247 or direct-dial telephone 1– 514–855–2999; fax 514–855–7401; email ac.yul@aero.bombardier.com; internet http:// www.bombardier.com. You may view this service information at the FAA, Transport Standards Branch, 2200 South 216th St., Des Moines, WA. For information on the availability of this material at the FAA, call 206–231–3195. Issued in Des Moines, Washington, on November 21, 2019. Dorr Anderson, Acting Director, System Oversight Division, Aircraft Certification Service. [FR Doc. 2019–25720 Filed 11–29–19; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–105474–18] RIN 1545–BO59, 1545–BM69 Guidance on Passive Foreign Investment Companies; Hearing Cancellation Internal Revenue Service (IRS), Treasury. ACTION: Cancellation of notice of public hearing on proposed rulemaking. AGENCY: This document cancels a public hearing on proposed regulations under sections 1291, 1297, and 1298 of the Internal Revenue Code (‘‘Code’’) regarding the determination of ownership in a passive foreign investment company within the meaning of section 1297(a) (‘‘PFIC’’) and SUMMARY: E:\FR\FM\02DEP1.SGM 02DEP1 65938 Federal Register / Vol. 84, No. 231 / Monday, December 2, 2019 / Proposed Rules the treatment of certain income received or accrued by a foreign corporation and assets held by a foreign corporation for purposes of section 1297. DATES: The public hearing, originally scheduled for December 9, 2019 at 10:00 a.m. is cancelled. ADDRESSES: The cancelled hearing was originally scheduled to be held at the Internal Revenue Service Building, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Regina Johnson, Publications and Regulations Specialist at (202) 317–6901 (not a toll-free number). SUPPLEMENTARY INFORMATION: A notice of public hearing that appeared in the Federal Register on Thursday, October 3, 2019 (84 FR 52835) announced that a public hearing was scheduled December 9, 2019 at 10:00 a.m. in the IRS Auditorium, Internal Revenue Service Building, 1111 Constitution Avenue NW, Washington, DC. The subject of the public hearing is under sections 1291, 1297, and 1298 of the Internal Revenue Code. The public comment period for these regulations expired on September 9, 2019. The notice of hearing instructed those interested in testifying at the public hearing to submit an outline of the topics to be discussed. The outline of topics to be discussed was due by November 22, 2019. As of November 22, 2019, no one has requested to speak. Therefore, the public hearing scheduled for December 9, 2019 at 10:00 a.m. is cancelled. Martin V. Franks, Branch Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel. [FR Doc. 2019–25955 Filed 11–29–19; 8:45 am] BILLING CODE 4830–01–P ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 55 [EPA–R10–OAR–2019–0433; FRL–10002– 52–Region 10] jbell on DSKJLSW7X2PROD with PROPOSALS Outer Continental Shelf Air Regulations; Consistency Update for Alaska Environmental Protection Agency (EPA). ACTION: Proposed rule; consistency update. AGENCY: VerDate Sep<11>2014 16:24 Nov 29, 2019 Jkt 250001 On September 4, 1992, EPA promulgated 40 CFR part 55,1 which established requirements to control air pollution from OCS sources in order to attain and maintain Federal and state ambient air quality standards and to comply with the provisions of part C of title I of the CAA. The regulations at 40 CFR part 55 apply to all OCS sources except those located in the Gulf of Mexico west of 87.5 degrees longitude. See 40 CFR 55.3(a). Section 328 of the CAA requires that for such sources located within 25 miles of a state’s seaward boundary, the requirements shall be the same as would be applicable if the sources were located in the COA. Because the OCS requirements are based on onshore requirements, and onshore requirements may change, section 328(a)(1) requires that EPA update the OCS requirements as necessary to maintain consistency with onshore requirements. Pursuant to 40 CFR 55.12, consistency reviews will occur at least annually. Additionally, consistency reviews will occur upon receipt of a Notice of Intent (NOI) under 40 CFR 55.4 and when a State or local agency submits a rule to EPA to be considered for incorporation by reference in 40 CFR part 55. This proposed action is being taken in response to the submittal of a NOI on October 1, 2019, by Hilcorp Alaska, LLC. Public comments received within 30 days of publication of this document will be considered by EPA before publishing a final rule. Section 328(a) of the CAA requires that EPA establish requirements to control air pollution from OCS sources located within 25 miles of States’ seaward boundaries that are the same as onshore requirements. To comply with this statutory mandate, EPA must incorporate applicable onshore rules into 40 CFR part 55 as they exist onshore. This limits EPA’s flexibility in deciding which requirements will be incorporated into 40 CFR part 55 and prevents EPA from making substantive changes to the requirements it incorporates. As a result, EPA may be incorporating rules into 40 CFR part 55 that do not conform to all of EPA’s state implementation plan (SIP) guidance or certain requirements of the CAA. Consistency updates may result in the inclusion of state or local rules or regulations into 40 CFR part 55, even though the same rules may ultimately be disapproved for inclusion as part of the SIP. Inclusion in the OCS rule does not imply that a rule meets the requirements of the CAA for SIP approval, nor does 1 The reader may refer to the Notice of Proposed Rulemaking, December 5, 1991 (56 FR 63774), and the preamble to the final rule promulgated September 4, 1992 (57 FR 40792) for further background and information on the OCS regulations. I. Background The Environmental Protection Agency (EPA) is proposing to update a portion of the Outer Continental Shelf SUMMARY: (OCS) Air Regulations. Requirements applying to OCS sources located within 25 miles of states’ seaward boundaries must be updated periodically to remain consistent with the requirements of the corresponding onshore area (COA), as mandated by the Clean Air Act (CAA). The portion of the OCS air regulations that is being updated pertains to the requirements for OCS sources subject to requirements of the State of Alaska. The State of Alaska’s requirements discussed in this document, and listed in the appendix to the Federal OCS air regulations, are proposed to be incorporated into the compilation of state provisions that is incorporated by reference. DATES: Written comments must be received on or before January 2, 2020. ADDRESSES: Submit your comments, identified by Docket ID No. EPA–R10– OAR–2019–0433 at https:// www.regulations.gov, or via email to greaves.natasha@epa.gov. For comments submitted at Regulations.gov, follow the online instructions for submitting comments. Once submitted, comments cannot be edited or removed from Regulations.gov. For either manner of submission, EPA may publish any comment received to its public docket. Do not submit electronically any information you consider to be confidential business information (CBI) or other information whose disclosure is restricted by statute. Multimedia submissions (audio, video, etc.) must be accompanied by a written comment. The written comment is considered the official comment and should include discussion of all points you wish to make. EPA will generally not consider comments or comment contents located outside of the primary submission (i.e., on the web, cloud, or other file sharing system). For additional submission methods, please contact the person identified in the FOR FURTHER INFORMATION CONTACT section. For the full EPA public comment policy, information about CBI or multimedia submissions, and general guidance on making effective comments, please visit https://www2.epa.gov/dockets/ commenting-epa-dockets. FOR FURTHER INFORMATION CONTACT: Natasha Greaves, (206) 553–7079, or by email at greaves.natasha@epa.gov. SUPPLEMENTARY INFORMATION: PO 00000 Frm 00010 Fmt 4702 Sfmt 4702 E:\FR\FM\02DEP1.SGM 02DEP1

Agencies

[Federal Register Volume 84, Number 231 (Monday, December 2, 2019)]
[Proposed Rules]
[Pages 65937-65938]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25955]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-105474-18]
RIN 1545-BO59, 1545-BM69


Guidance on Passive Foreign Investment Companies; Hearing 
Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of notice of public hearing on proposed 
rulemaking.

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SUMMARY: This document cancels a public hearing on proposed regulations 
under sections 1291, 1297, and 1298 of the Internal Revenue Code 
(``Code'') regarding the determination of ownership in a passive 
foreign investment company within the meaning of section 1297(a) 
(``PFIC'') and

[[Page 65938]]

the treatment of certain income received or accrued by a foreign 
corporation and assets held by a foreign corporation for purposes of 
section 1297.

DATES: The public hearing, originally scheduled for December 9, 2019 at 
10:00 a.m. is cancelled.

ADDRESSES: The cancelled hearing was originally scheduled to be held at 
the Internal Revenue Service Building, 1111 Constitution Avenue NW, 
Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Regina Johnson, Publications and 
Regulations Specialist at (202) 317-6901 (not a toll-free number).

SUPPLEMENTARY INFORMATION: A notice of public hearing that appeared in 
the Federal Register on Thursday, October 3, 2019 (84 FR 52835) 
announced that a public hearing was scheduled December 9, 2019 at 10:00 
a.m. in the IRS Auditorium, Internal Revenue Service Building, 1111 
Constitution Avenue NW, Washington, DC. The subject of the public 
hearing is under sections 1291, 1297, and 1298 of the Internal Revenue 
Code.
    The public comment period for these regulations expired on 
September 9, 2019. The notice of hearing instructed those interested in 
testifying at the public hearing to submit an outline of the topics to 
be discussed. The outline of topics to be discussed was due by November 
22, 2019. As of November 22, 2019, no one has requested to speak. 
Therefore, the public hearing scheduled for December 9, 2019 at 10:00 
a.m. is cancelled.

Martin V. Franks,
Branch Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel.
[FR Doc. 2019-25955 Filed 11-29-19; 8:45 am]
BILLING CODE 4830-01-P