Effect of Section 67(g) on Trusts and Estates; Hearing, 43512-43513 [2020-15019]

Download as PDF 43512 Federal Register / Vol. 85, No. 138 / Friday, July 17, 2020 / Proposed Rules Docket No. FAA–2020–0626; Airspace Docket No. 20–ANM–23’’. The postcard will be date/time stamped and returned to the commenter. All communications received before the specified closing date for comments will be considered before taking action on the proposed rule. The proposal contained in this notice may be changed in light of the comments received. A report summarizing each substantive public contact with FAA personnel concerned with this rulemaking will be filed in the docket. Availability of NPRMs An electronic copy of this document may be downloaded through the internet at https://www.regulations.gov. Recently published rulemaking documents can also be accessed through the FAA’s web page at https:// www.faa.gov/air_traffic/publications/ airspace_amendments/. You may review the public docket containing the proposal, any comments received, and any final disposition in person in the Dockets Office (see the ADDRESSES section for the address and phone number) between 9:00 a.m. and 5:00 p.m., Monday through Friday, except federal holidays. An informal docket may also be examined during normal business hours at the Northwest Mountain Regional Office of the Federal Aviation Administration, Air Traffic Organization, Western Service Center, Operations Support Group, 2200 S 216th Street, Des Moines, WA 98198. khammond on DSKJM1Z7X2PROD with PROPOSALS Availability and Summary of Documents for Incorporation by Reference This document proposes to amend FAA Order 7400.11D, Airspace Designations and Reporting Points, dated August 8, 2019, and effective September 15, 2019. FAA Order 7400.11D is publicly available as listed in the ADDRESSES section of this document. FAA Order 7400.11D lists Class A, B, C, D, and E airspace areas, air traffic service routes, and reporting points. The Proposal The FAA is proposing an amendment to Title 14 Code of Federal Regulations (14 CFR) Part 71 by amending Class E airspace, extending upward from 700 feet above the surface, at Lake County Airport. The area is larger than required to contain IFR aircraft on the instrument procedures published for the airport. This area is designed to contain IFR departures to 1,200 feet above the surface and IFR arrivals descending below 1,500 feet above the surface. This airspace area would be described as VerDate Sep<11>2014 16:50 Jul 16, 2020 Jkt 250001 follows: That airspace extending upward from 700 feet above the surface within a 3.5-mile radius of the airport, and within 3 miles each side of the 164° bearing from the airport, extending from the 3.5-mile radius to 14.5 miles south of the airport, and within 2.7 miles each side of the 350° bearing from the airport, extending from the 3.5-mile radius to 14.7 miles north of Lake County Airport. Also, this action proposes to update the airport’s geographic coordinates to ‘‘lat. 39°13′10″ N, long. 106°18′59″ W.’’ Class E5 airspace designations are published in paragraph 6005 of FAA Order 7400.11D, dated August 8, 2019, and effective September 15, 2019, which is incorporated by reference in 14 CFR 71.1. The Class E airspace designations listed in this document will be published subsequently in the Order. FAA Order 7400.11, Airspace Designations and Reporting Points, is published yearly and effective on September 15. Regulatory Notices and Analyses The FAA has determined that this regulation only involves an established body of technical regulations for which frequent and routine amendments are necessary to keep them operationally current, is non-controversial, and unlikely to result in adverse or negative comments. It, therefore: (1) Is not a ‘‘significant regulatory action’’ under Executive Order 12866; (2) is not a ‘‘significant rule’’ under DOT Regulatory Policies and Procedures (44 FR 11034; February 26, 1979); and (3) does not warrant preparation of a regulatory evaluation as the anticipated impact is so minimal. Since this is a routine matter that will only affect air traffic procedures and air navigation, it is certified that this rule, when promulgated, would not have a significant economic impact on a substantial number of small entities under the criteria of the Regulatory Flexibility Act. PART 71—DESIGNATION OF CLASS A, B, C, D, AND E AIRSPACE AREAS; AIR TRAFFIC SERVICE ROUTES; AND REPORTING POINTS 1. The authority citation for 14 CFR part 71 continues to read as follows: ■ Authority: 49 U.S.C. 106(f), 106(g), 40103, 40113, 40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959–1963 Comp., p. 389. § 71.1 [Amended] 2. The incorporation by reference in 14 CFR 71.1 of FAA Order 7400.11D, Airspace Designations and Reporting Points, dated August 8, 2019, and effective September 15, 2019, is amended as follows: ■ Paragraph 6005 Class E Airspace Areas Extending Upward From 700 Feet or More Above the Surface of the Earth. * * * [FR Doc. 2020–15432 Filed 7–16–20; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–113295–18] RIN 1545–BO87 List of Subjects in 14 CFR Part 71 Airspace, Incorporation by reference, Navigation (air). SUMMARY: PO 00000 Frm 00020 Fmt 4702 Sfmt 4702 * Issued in Seattle, Washington, on July 13, 2020. Byron G. Chew, Acting Group Manager, Operations Support Group, Western Service Center. Environmental Review This proposal will be subject to an environmental analysis in accordance with FAA Order 1050.1F, ‘‘Environmental Impacts: Policies and Procedures’’ prior to any FAA final regulatory action. The Proposed Amendment Accordingly, pursuant to the authority delegated to me, the Federal Aviation Administration proposes to amend 14 CFR part 71 as follows: * ANM CO E5 Leadville, CO [Amended] Lake County Airport, CO (lat. 39°13′10″ N, long. 106°18′59″ W) That airspace extending upward from 700 feet above the surface within a 3.5-mile radius of the airport, and within 3 miles each side of the 164° bearing from the airport, extending from the 3.5-mile radius to 14.5 miles south of the airport, and within 2.7 miles each side of the 350° bearing from the airport, extending from the 3.5-mile radius to 14.7 miles north of Lake County Airport. Effect of Section 67(g) on Trusts and Estates; Hearing Internal Revenue Service (IRS), Treasury. ACTION: Proposed rule; notice of hearing. AGENCY: This document provides a notice of public hearing on proposed regulations clarifying that certain deductions allowed to an estate or nongrantor trust are not miscellaneous itemized deductions and thus are not affected by the suspension of the deductibility of miscellaneous itemized deductions for taxable years beginning E:\FR\FM\17JYP1.SGM 17JYP1 khammond on DSKJM1Z7X2PROD with PROPOSALS Federal Register / Vol. 85, No. 138 / Friday, July 17, 2020 / Proposed Rules after December 31, 2017 and before January 1, 2026. The proposed regulations also provide guidance on determining the character, amount, and allocation of deductions in excess of gross income succeeded to by a beneficiary on the termination of an estate or non-grantor trust. DATES: The public hearing is being held on Wednesday, August 12, 2020 at 10:00 a.m. The IRS must receive speakers’ outlines of the topics to be discussed at the public hearing by Wednesday, July 29, 2020. If no outlines are received by July 29, 2020, the public hearing will be cancelled. ADDRESSES: The public hearing is being held by teleconference. Individuals who want to testify (by telephone) at the public hearing must send an email to publichearings@irs.gov to receive the telephone number and access code for the hearing. The subject line of the email must contain the regulation number [REG–113295–18] and the word TESTIFY. For example, the subject line may say: Request to TESTIFY at Hearing for REG–113295–18. The email should also include a copy of the speaker’s public comments and outline of topics. The email must be received by July 29, 2020. Individuals who want to attend (by telephone) the public hearing must also send an email to publichearings@irs.gov to receive the telephone number and access code for the hearing. The subject line of the email must contain the regulation number [REG–113295–18] and the word ATTEND. For example, the subject line may say: Request to ATTEND Hearing for REG–113295–18. The email requesting to attend the public hearing must be received by 5:00 p.m. two (2) business days before the date that the hearing is scheduled. The telephonic hearing will be made accessible to people with disabilities. To request special assistance during the telephonic hearing please contact the Publications and Regulations Branch of the Office of Associate Chief Counsel (Procedure and Administration) by sending an email to publichearings@ irs.gov (preferred) or by telephone at (202) 317–5177 (not a toll-free number) at least three (3) days prior to the date that the telephonic hearing is scheduled. Any questions regarding speaking at or attending a public hearing may also be emailed to publichearings@irs.gov. Send outline submissions electronically via the Federal eRulemaking Portal at www.regulations.gov (IRS REG–113295– 18). VerDate Sep<11>2014 16:50 Jul 16, 2020 Jkt 250001 FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, Margaret Burow, (202) 317–5279; concerning submissions of comments, the hearing, and the access code to attend the hearing by teleconferencing, Regina Johnson at (202) 317–5177 (not toll-free numbers) or publichearings@ irs.gov. If emailing please put Attend, Testify, or Agenda Request and [REG– 113295–18] in the email subject line. SUPPLEMENTARY INFORMATION: The subject of the public hearing is the notice of proposed rulemaking REG– 113295–18 that was published in the Federal Register on Monday, May 11, 2020, 85 FR 27693. The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who wish to present oral comments telephonically at the hearing that submitted written comments by June 25, 2020, must submit an outline of the topics to be addressed and the amount of time to be devoted to each topic by July 29, 2020. 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, on Regulations.gov, search IRS and REG– 113295–18, or by emailing your request to publichearings@irs.gov. Please put ‘‘REG–113295–18 Agenda Request’’ in the subject line of the email. Martin V. Franks, Branch Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2020–15019 Filed 7–16–20; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF LABOR Wage and Hour Division 29 CFR Part 825 RIN 1235–AA30 Family and Medical Leave Act of 1993 Wage and Hour Division, U.S. Department of Labor. ACTION: Request for information. AGENCY: The Department of Labor (Department) is seeking information from the public regarding the regulations implementing the Family and Medical Leave Act of 1993 (FMLA or the Act). The Department is publishing this Request for Information (RFI) to gather information concerning the effectiveness of the current SUMMARY: PO 00000 Frm 00021 Fmt 4702 Sfmt 4702 43513 regulations and to aid the Department in its administration of the FMLA. The information provided will help the Department identify topics for which additional compliance assistance could be helpful, including opportunities for outreach to ensure employers are aware of their obligations under the law and employees are informed about their rights and responsibilities in using FMLA leave. DATES: Submit written comments on or before September 15, 2020. ADDRESSES: To facilitate the receipt and processing of written comments on this RFI, the Department encourages interested persons to submit their comments electronically. You may submit comments, identified by Regulatory Information Number (RIN) 1235–AA30, by either of the following methods: Electronic Comments: Follow the instructions for submitting comments on the Federal eRulemaking Portal https://www.regulations.gov. Mail: Address written submissions to Amy DeBisschop, Director, Division of Regulations, Legislation, and Interpretation, Wage and Hour Division, U.S. Department of Labor, Room S– 3502, 200 Constitution Avenue NW, Washington, DC 20210. Instructions: This RFI is available through the Federal Register and the https://www.regulations.gov website. You may also access this document via the Wage and Hour Division’s (WHD) website at https://www.dol.gov/whd/. All comment submissions must include the agency name and Regulatory Information Number (RIN 1235–AA30) for this RFI. Response to this RFI is voluntary and respondents need not reply to all questions listed below. The Department requests that no business proprietary information, copyrighted information, individual medical information, or personally identifiable information be submitted in response to this RFI. Submit only one copy of your comment by only one method (e.g., persons submitting comments electronically are encouraged not to submit paper copies). Anyone who submits a comment (including duplicate comments) should understand and expect that the comment will become a matter of public record and will be posted without change to https:// www.regulations.gov, including any personal or medical information provided. All comments must be received by 11:59 p.m. on the date indicated for consideration in this RFI; comments received after the comment period closes will not be considered. Commenters should transmit comments E:\FR\FM\17JYP1.SGM 17JYP1

Agencies

[Federal Register Volume 85, Number 138 (Friday, July 17, 2020)]
[Proposed Rules]
[Pages 43512-43513]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15019]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-113295-18]
RIN 1545-BO87


Effect of Section 67(g) on Trusts and Estates; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Proposed rule; notice of hearing.

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

SUMMARY: This document provides a notice of public hearing on proposed 
regulations clarifying that certain deductions allowed to an estate or 
non-grantor trust are not miscellaneous itemized deductions and thus 
are not affected by the suspension of the deductibility of 
miscellaneous itemized deductions for taxable years beginning

[[Page 43513]]

after December 31, 2017 and before January 1, 2026. The proposed 
regulations also provide guidance on determining the character, amount, 
and allocation of deductions in excess of gross income succeeded to by 
a beneficiary on the termination of an estate or non-grantor trust.

DATES: The public hearing is being held on Wednesday, August 12, 2020 
at 10:00 a.m. The IRS must receive speakers' outlines of the topics to 
be discussed at the public hearing by Wednesday, July 29, 2020. If no 
outlines are received by July 29, 2020, the public hearing will be 
cancelled.

ADDRESSES: The public hearing is being held by teleconference. 
Individuals who want to testify (by telephone) at the public hearing 
must send an email to [email protected] to receive the telephone 
number and access code for the hearing. The subject line of the email 
must contain the regulation number [REG-113295-18] and the word 
TESTIFY. For example, the subject line may say: Request to TESTIFY at 
Hearing for REG-113295-18. The email should also include a copy of the 
speaker's public comments and outline of topics. The email must be 
received by July 29, 2020.
    Individuals who want to attend (by telephone) the public hearing 
must also send an email to [email protected] to receive the 
telephone number and access code for the hearing. The subject line of 
the email must contain the regulation number [REG-113295-18] and the 
word ATTEND. For example, the subject line may say: Request to ATTEND 
Hearing for REG-113295-18. The email requesting to attend the public 
hearing must be received by 5:00 p.m. two (2) business days before the 
date that the hearing is scheduled.
    The telephonic hearing will be made accessible to people with 
disabilities. To request special assistance during the telephonic 
hearing please contact the Publications and Regulations Branch of the 
Office of Associate Chief Counsel (Procedure and Administration) by 
sending an email to [email protected] (preferred) or by telephone 
at (202) 317-5177 (not a toll-free number) at least three (3) days 
prior to the date that the telephonic hearing is scheduled.
    Any questions regarding speaking at or attending a public hearing 
may also be emailed to [email protected].
    Send outline submissions electronically via the Federal eRulemaking 
Portal at www.regulations.gov (IRS REG-113295-18).

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Margaret Burow, (202) 317-5279; concerning submissions of comments, the 
hearing, and the access code to attend the hearing by teleconferencing, 
Regina Johnson at (202) 317-5177 (not toll-free numbers) or 
[email protected]. If emailing please put Attend, Testify, or 
Agenda Request and [REG-113295-18] in the email subject line.

SUPPLEMENTARY INFORMATION: 
    The subject of the public hearing is the notice of proposed 
rulemaking REG-113295-18 that was published in the Federal Register on 
Monday, May 11, 2020, 85 FR 27693.
    The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who 
wish to present oral comments telephonically at the hearing that 
submitted written comments by June 25, 2020, must submit an outline of 
the topics to be addressed and the amount of time to be devoted to each 
topic by July 29, 2020.
    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, on Regulations.gov, search 
IRS and REG-113295-18, or by emailing your request to 
[email protected]. Please put ``REG-113295-18 Agenda Request'' in 
the subject line of the email.

Martin V. Franks,
Branch Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2020-15019 Filed 7-16-20; 8:45 am]
BILLING CODE 4830-01-P
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