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CFR Citation: 26 CFR Part 301

RIN ID: RIN 1545-BF54

REG ID: [REG-148951-05]

NOTICE: PROPOSED RULES

ACTION: Procedure and administration:

DOCUMENT ACTION: Notice of proposed rulemaking by cross-reference to temporary regulations.

SUBJECT CATEGORY: Change to Office To Which Notices of Nonjudicial Sale and Requests for Return of Wrongfully Levied Property Must Be Sent

DATES: Written or electronic comments and requests for a public hearing must be received by October 18, 2007.

DOCUMENT SUMMARY: In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations relating to the discharge of liens under section 7425 and return of wrongfully levied upon property under section 6343 of the Internal Revenue Code (Code) of 1986. Those regulations clarify that such notices and claims should be sent to the IRS official and office specified in the relevant IRS publications. The regulations will affect parties seeking to provide the IRS with notice of a nonjudicial foreclosure sale and parties making administrative requests for return of wrongfully levied property. The text of those regulations also serves as the text of these proposed regulations.

SUMMARY: Nonjudicial foreclosure sale and parties making administrative requests for return of wrongfully levied property; notification changes,

SUPPLEMENTAL INFORMATION

Temporary regulations in the Rules and Regulations section of this issue of the Federal Register contain amendments to the Procedure and Administration Regulations (26 CFR part 301) relating to the giving of notice of nonjudicial sales under section 7425(b) of the Code and requests for return of wrongfully levied property under section 6343(b) of the Code. The text of those regulations also serves as the text of these proposed regulations. The preamble to the temporary regulations explains the temporary regulations and these proposed regulations. Proposed Effective Date

These regulations are proposed to apply to any notice of sale filed or request for return of property made after the date that these regulations are published as final regulations in the Federal Register. Special Analyses

It has been determined that this notice of proposed rulemaking is not a significant regulatory action as defined in Executive Order 12866. Therefore, a regulatory assessment is not required. It also has been determined that section 553(b) of the Administrative Procedure Act (5 U.S.C. chapter 5) does not apply to these regulations, and because the regulations do not impose a collection of information on small entities, the Regulatory Flexibility Act (5 U.S.C. chapter 6) does not apply. Pursuant to section 7805(f) of the Internal Revenue Code, this regulation has been submitted to the Chief Counsel for Advocacy of the Small Business Administration for comment on its impact on small business.

Comments and Requests for Public Hearing

Before these proposed regulations are adopted as final regulations, consideration will be given to any electronic and written comments (a signed original and eight (8) copies) or electronic comments that are submitted timely to the IRS. The IRS and Treasury Department specifically request comments on the clarity of the proposed rules and how they may be made easier to understand. All comments will be available for public inspection and copying. A public hearing will be scheduled if requested in writing by any
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person that timely submits written comments. If a public hearing is scheduled, notice of the date, time, and place for the public hearing will be published in the Federal Register.

Drafting Information

The principal author of these regulations is Robin M. Ferguson, Office of Associate Chief Counsel, Procedure and Administration (Collection, Bankruptcy and Summonses Division).

List of Subjects in 26 CFR Part 301

Employment taxes, Estate taxes, Excise taxes, Gift taxes, Income taxes, Penalties, Reporting and recordkeeping requirements. Proposed Amendments to the Regulations

Accordingly, 26 CFR part 301 is proposed to be amended as follows: PART 301PROCEDURE AND ADMINISTRATION

Paragraph 1. The authority citation for part 301 continues to read in part as follows:

Authority: 26 U.S.C. 7805 * * *

Par. 2. Section 301.63432 is amended by revising paragraphs (a)(1) introductory text, (b) introductory text, and (e) to read as follows: Sec. 301.63432 Return of wrongfully levied upon property. (a)(1) [The text of the proposed amendment for Sec. 301.6343 2(a)(1) introductory text is the same as the text of Sec. 301.6343 2T(a)(1) introductory text published elsewhere in this issue of the Federal Register].
* * * * *
(b) [The text of the proposed amendment for Sec. 301.63432(b) introductory text is the same as the text of Sec. 301.63432T(b) introductory text published elsewhere in this issue of the Federal Register].
* * * * *
(e) [The text of the proposed amendment for Sec. 301.63432(e) is the same as the text of Sec. 301.63432T(e) published elsewhere in this issue of the Federal Register].

Par. 3. Section 301.74253 is amended by revising paragraphs (a)(1), (b)(1), (b)(2), (c)(1), (d)(2), (d)(3), and (d)(4), and adding paragraph (e) to read as follows:
Sec. 301.74253 Discharge of liens; special rules.
(a) * * * (1) [The text of the proposed amendment for Sec. 301.74253(a)(1) is the same as the text of Sec. 301.74253T(a)(1) published elsewhere in this issue of the Federal Register]. * * * * *
(b) * * * (1) [The text of the proposed amendment for Sec. 301.74253(b)(1) is the same as the text of Sec. 301.74253T(b)(1) published elsewhere in this issue of the Federal Register]. (2) [The text of the proposed amendment for Sec. 301.74253(b)(2) is the same as the text of Sec. 301.74253T(b)(2) published elsewhere in this issue of the Federal Register].
(c) * * * (1) [The text of the proposed amendment for Sec. 301.74253(c)(1) is the same as the text of Sec. 301.74253T(c)(1) published elsewhere in this issue of the Federal Register]. * * * * *
(d) * * * (2) [The text of the proposed amendment for Sec. 301.74253(d)(2) is the same as the text of Sec. 301.74253T(d)(2) published elsewhere in this issue of the Federal Register]. (3) [The text of the proposed amendment for Sec. 301.74253(d)(3) is the same as the text of Sec. 301.74253T(d)(3) published elsewhere in this issue of the Federal Register].
(4) [The text of the proposed amendment for Sec. 301.74253(d)(4) is the same as the text of Sec. 301.74253T(d)(4) published elsewhere in this issue of the Federal Register].
(e) [The text of the proposed amendment for Sec. 301.74253(e) is the same as the text of Sec. 301.74253T(e) published elsewhere in this issue of the Federal Register].
Kevin M. Brown,
Deputy Commissioner for Services and Enforcement.
[FR Doc. E714051 Filed 71907; 8:45 am]
BILLING CODE 483001P

FOR FURTHER INFORMATION CONTACT Concerning the proposed regulations, Robin M. Ferguson, (202) 6223610; concerning submissions of comments, the hearing, call Kelly Banks, (202) 6227180 (not tollfree numbers).