The Federal Register

Notification of Van Buren First Spouse Gold Coin Prices

Fri, Nov 28 2008 11:00:00 GMT

The United States Mint is setting prices for the Martin Van Buren First Spouse Gold Proof and Uncirculated Coins.

Pursuant to 31 U.S.C. 5112(o), and in accordance with 31 U.S.C. 9701(b)(2)(B), the United States Mint is setting the price of these coins to reflect the market price of gold. These prices are consistent with recently repriced, previously introduced 2008 First Spouse Gold Coins.

Effective November 25, 2008, the United States Mint will commence selling Van Buren First Spouse Gold Proof and Uncirculated Gold Coins according to the following price schedule:
Description Price ($) Van Buren First Spouse Gold Proof Coin...................... 549.95 Van Buren First Spouse Gold Uncirculated Coin............... 524.95

Classification of Certain Foreign Entities

Fri, Nov 28 2008 11:00:00 GMT

This document contains final regulations relating to certain business entities included on the list of foreign business entities that are always classified as corporations for Federal tax purposes. The regulations are needed to make the Federal tax classification of the Bulgarian public limited liability company (aktsionerno druzhestvo) consistent with the Federal tax classification of public limited liability companies organized in other countries of the European Economic Area. The regulations will affect persons owning an interest in a Bulgarian aktsionerno druzhestvo on or after January 1, 2007.

Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions; Hearing

Fri, Nov 28 2008 11:00:00 GMT

This document provides notice of public hearing on proposed regulations relating to the substantiation and reporting requirements for cash and noncash charitable contributions under section 170 of the Internal Revenue Code. The regulations reflect the enactment of provisions of the American Jobs Creation Act of 2004 and the Pension Protection Act of 2006. The regulations provide guidance to individuals, partnerships, and corporations that make charitable contributions, and will affect any donor claiming a deduction for a charitable contribution after the date these regulations are published as final regulations in the Federal Register.

Publication of the Tier 2 Tax Rates

Fri, Nov 28 2008 11:00:00 GMT

Publication of the tier 2 tax rates for calendar year 2009 as required by section 3241(d) of the Internal Revenue Code (26 U.S.C. section 3241). Tier 2 taxes on railroad employees, employers, and employee representatives are one source of funding for benefits under the Railroad Retirement Act.

Submission for OMB Review; Comment Request

Wed, Nov 26 2008 11:00:00 GMT

November 20, 2008.

The Department of Treasury will submit the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 10413 on or after the date of publication of this notice. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, and 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

Submission for OMB Review; Comment Request

Wed, Nov 26 2008 11:00:00 GMT

November 20, 2008.

The Department of Treasury will submit following public information collection request to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 10413. Copies of the submission(s) may be obtained by contacting the Treasury clearance officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11020, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
[[Page 72115]]

Submission for OMB Review; Comment Request

Wed, Nov 26 2008 11:00:00 GMT

November 21, 2008.

Dates: Written comments should be received on or before December 26, 2008, to be assured of consideration.
Internal Revenue Service (IRS)

OMB Number: 15451517.

Type of Review: Extension.

Form: 1099SA.

Title: Distributions From an Archer MSA or Medicare+Choice MSA.

Description: This form is used to report distributions from a medical savings account as set forth in section 220(h).

Section 1367 Regarding Open Account Debt

Tue, Nov 25 2008 11:00:00 GMT

Correction

In rule document E824926 beginning on page 62199 in the issue of Monday, October 20, 2008, make the following correction:
Sec. 1.13672 [Corrected]
On page 62203, in the first column, in the sixth full paragraph, in the fourth line, in Sec. 1.13672(e), ``Example 7'' should read ``Example 7''.
[FR Doc. Z824926 Filed 112408; 8:45 am]
BILLING CODE 150501D

Ocean Shore Holding Corporation, Ocean City, NJ; Approval of Conversion Application

Mon, Nov 24 2008 11:00:00 GMT

Notice is hereby given that on November 12, 2008, the Office of Thrift Supervision approved the application of Ocean City Home Bank, Ocean City, New Jersey, to convert to the stock form of organization. Copies of the application are available for inspection by appointment (phone number: 2029065922 or email Public.Info@OTS.Treaas.gov) at the Public Reading Room, 1700 G Street, NW., Washington, DC 20552, and the OTS Northeast Regional Office, 10 Exchange Place, 18th Floor, Jersey City, New Jersey 07302.

Dated: November 14, 2008.

By the Office of Thrift Supervision.
Sandra E. Evans,
Federal Register Liaison.
[FR Doc. E827647 Filed 112108; 8:45 am]
BILLING CODE 672001M

Employee Stock Purchase Plans Under Internal Revenue Code Section 423; Hearing

Mon, Nov 24 2008 11:00:00 GMT

This document provides notice of public hearing on proposed regulations relating to options granted under an employee stock purchase plan as defined in section 423 of the Internal Revenue Code. These proposed regulations affect certain taxpayers who participate in the transfer of stock pursuant to the exercise of options granted under an employee stock purchase plan.

Open Meeting of the Taxpayer Advocacy Panel

Mon, Nov 24 2008 11:00:00 GMT

An open meeting of the Taxpayer Advocacy Panel will be held. The Taxpayer Advocacy Panel is soliciting public comment, ideas, and suggestions on improving customer service at the Internal Revenue Service.

Midwest FS&LA of St. Joseph, St. Joseph, MO; Approval of Conversion Application

Mon, Nov 24 2008 11:00:00 GMT

Notice is hereby given that on November 12, 2008, the Office of Thrift Supervision approved the application of Midwest FS&LA of St. Joseph, St. Joseph, Missouri, to convert to the stock
[[Page 71091]]
form of organization. Copies of the application are available for inspection by appointment (phone number: (202) 9065922 or email: public.info@ots.treas.gov) at the Public Reading Room, 1700 G Street, NW., Washington, DC 20552, and the OTS Midwest Regional Office, 225 E. John Carpenter Freeway, Suite 500, Irving, Texas 750622326.

Dated: November 14, 2008.

By the Office of Thrift Supervision.
Sandra E. Evans,
Federal Register Liaison.
[FR Doc. E827648 Filed 112108; 8:45 am]
BILLING CODE 672001M

Regulations Pertaining to Mergers, Acquisitions, and Takeovers by Foreign Persons

Fri, Nov 21 2008 11:00:00 GMT

This Final Rule amends regulations in part 800 of 31 CFR that implement section 721 of the Defense Production Act of 1950 (``section 721''), as amended by the Foreign Investment and National Security Act of 2007, codified at 50 U.S.C. App. 2170. While the revised regulations retain many features of the prior regulations, a number of changes have been made to implement section 721, increase clarity, reflect developments in business practices over the past several years, and make additional improvements based on experiences with the prior regulations.

Additional Designations, Foreign Narcotics Kingpin Designation Act

Fri, Nov 21 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of seventeen additional entities and twentysix additional individuals whose property and interests in property have been blocked pursuant to the Foreign Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 19011908, 8 U.S.C. 1182).

Submission for OMB Review; Comment Request

Thu, Nov 20 2008 11:00:00 GMT

November 14, 2008.

Submission for OMB Review; Comment Request

Thu, Nov 20 2008 11:00:00 GMT

November 13, 2008.

The Department of the Treasury will submit the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 10413 on or after the publication date of this notice. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

Submission for OMB Review; Comment Request

Thu, Nov 20 2008 11:00:00 GMT

November 17, 2008.

Additional Designation of an Entity Pursuant to Executive Order 13224

Thu, Nov 20 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the name of one newlydesignated entity whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.''

Unblocking of Specially Designated Narcotics Traffickers Pursuant to Executive Order 12978

Thu, Nov 20 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of 21 individuals whose property and interests in property have been unblocked pursuant to Executive Order 12978 of October 21, 1995, Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers.

Alcohol Fuel and Biodiesel; Renewable Diesel; Alternative Fuel; Diesel-Water Fuel Emulsion; Taxable Fuel Definitions;

Thu, Nov 20 2008 11:00:00 GMT

This document provides notice of public hearing on proposed regulations relating to credits and payments for alcohol mixtures, biodiesel mixtures, renewable diesel mixtures, alternative fuel mixtures, and alternative fuel sold for use or used as a fuel, as well as proposed regulations relating to the definition of gasoline and diesel fuel.

Section 108 Reduction of Tax Attributes for S Corporations; Hearing Cancellation

Thu, Nov 20 2008 11:00:00 GMT

This document cancels a public hearing on proposed rulemaking that provides guidance on the manner in which an S corporation reduces its tax attributes under section 108(b) for taxable years in which the S corporation has discharge of indebtedness income that is excluded from gross income under section 108(a).

Proposed Collection; Comment Request for Regulation Project; Correction

Thu, Nov 20 2008 11:00:00 GMT

This document contains a correction to a notice and request for comments, that was published in the Federal Register on Thursday, October 30, 2008 (73 FR 64663) inviting the general public and other Federal Agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)) and as part of its continuing effort to reduce paperwork and respondent burden by the Department of the Treasury. Currently, the IRS is soliciting comments concerning a final regulation, REG14645905 (TD 9324), Designated Roth Contributions under Section 402A.

Proposed Collection; Comment Request for Form 1040 and Schedules A, B, C, C-EZ, D, D-1, E, EIC, F, H, J, R, and SE,

Thu, Nov 20 2008 11:00:00 GMT

The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995 (PRA), Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). This notice requests comments on all forms used by individual taxpayers: Form 1040, U.S. Individual Income Tax Return, and Schedules A, B, C, CEZ, D, D1, E, EIC, F, H, J, R, and SE; Form 1040A and Schedules 1, 2, and 3; Form 1040EZ; and all attachments to these forms (see the Appendix to this notice).

Proposed Collection; Comment Request for Notice 2006-96 (REG- 140029-07)

Thu, Nov 20 2008 11:00:00 GMT

Currently, the IRS is soliciting comments concerning Notice 2006 96, Guidance Regarding Appraisal and Reporting Requirements for Noncash Charitable Contributions/REG14002907, Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions.

FEDERAL RESERVE SYSTEM

Wed, Nov 19 2008 11:00:00 GMT

The OCC, FRB, FDIC, OTS, and NCUA (the Agencies), request comment on the proposed Interagency Appraisal and Evaluation Guidelines (proposed Guidelines). The proposed Guidelines, which would supersede the 1994 Interagency Appraisal and Evaluation Guidelines (1994 Guidelines), reflect revisions to the Uniform Standards of Professional Appraisal Practice (USPAP) and the evolution of collateral valuation practices, such as the use of automated valuation models (AVMs). The proposed Guidelines also incorporate refinements made by the Agencies to the supervision of regulated institutions' appraisal and evaluation programs since 1994 and reflect the participation of the NCUA, which was not a party to the 1994 Guidelines. The proposed Guidelines are intended to clarify the Agencies' real estate appraisal regulations and promote a safe and sound real estate collateral valuation program.

Additional Designation of Individuals Pursuant to Executive Order 13224

Tue, Nov 18 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of three newlydesignated individuals whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.''

Comment Request Regarding the Effectiveness of Licensing Procedures for Exportation of Agricultural Commodities,

Mon, Nov 17 2008 11:00:00 GMT

The Office of Foreign Assets Control (``OFAC'') of the U.S. Department of the Treasury is soliciting comments on the effectiveness of OFAC's licensing procedures for the exportation of agricultural commodities, medicine, and medical devices to Sudan and Iran. Pursuant to section 906(c) of the Trade Sanctions Reform and Export Enhancement Act of 2000 (Title IX of Pub. L. 106387, 22 U.S.C. 7201 et seq.) (the ``Act''), OFAC is required to submit a biennial report to the Congress on the operation of licensing procedures for such exports.

Notification of Price Decreases for American Eagle Gold and Platinum Coins, American Buffalo Gold Coins, and First

Mon, Nov 17 2008 11:00:00 GMT

The United States Mint is adjusting prices for its American Eagle Gold and Platinum Coins, American Buffalo Gold Coins, and First Spouse Gold Coins.

Pursuant to the authority that 31 U.S.C. 5111(a) and 5112(k) grant the Secretary of the Treasury to mint and issue gold and platinum coins, and to prepare and distribute numismatic items, the United States Mint mints and issues 2008 American Eagle Gold and Platinum Coins, American Buffalo Gold Coins, and First Spouse Gold Coins. In accordance with 31 U.S.C. 9701(b)(2)(B), the United States Mint is changing the price of these coins to reflect decreases in the market price of gold and platinum.

Effective on or about November 14, 2008, the United States Mint will commence selling the following 2008 American Eagle Gold and Platinum Coins, American Buffalo Gold Coins and First Spouse Gold Coins according to the following price schedule:
Product Price American Eagle Gold

Notification of Resumption of Sales of Previously Available Products

Mon, Nov 17 2008 11:00:00 GMT

The United States Mint is setting prices and will resume selling previously available products.

Pursuant to the authority that 31 U.S.C. 5111(a), 5112 & 5132 grant the Secretary of the Treasury to prepare and distribute numismatic items, the United States Mint will resume selling previously available products.

The United States Mint is setting the price of these coins in accordance with 31 U.S.C. 9701(b)(2)(B).

Effective November 15, 2008, the United States Mint will commence selling the following previously available products according to the following price schedule:
Last chance Product price Annual Sets
2007 UNITED STATES MINT PROOF SET[supreg]............... $26.95 2007 UNITED STATES MINT 50 STATE QUARTERS PROOF SETTM... 13.95 2004 UNITED STATES MINT UNCIRCULATED COIN SET[supreg]... 16.95 2006 UNITED STATES MINT U

Determining the Amount of Taxes Paid for Purposes of Section 901; Correction

Fri, Nov 14 2008 11:00:00 GMT

This document contains corrections to final and temporary regulations (TD 9416) that were published in the Federal Register on Wednesday, July 16, 2008 (73 FR 40727) under section 901 of the Internal Revenue Code providing guidance relating to the determination of the amount of taxes paid for purposes of the foreign tax credit.

Section 1367 Regarding Open Account Debt; Correction

Fri, Nov 14 2008 11:00:00 GMT

This document contains corrections to final regulations (TD 9428) that were published in the Federal Register on Monday, October 20, 2008 (73 FR62199) relating to the treatment of open account debt between S corporations and their shareholders. These final regulations provide rules regarding the definition of open account debt and the adjustments in basis of any indebtedness of an S corporation to a shareholder under section 1367(b)(2) of the Internal Revenue Code for shareholder advances and repayments on advances of open account debt. The regulations affect shareholders of S corporations and are necessary to provide guidance needed to comply with the applicable tax law.

Submission for OMB Review; Comment Request

Fri, Nov 14 2008 11:00:00 GMT

November 6, 2008.

Open Meeting of the President's Advisory Council on Financial Literacy

Fri, Nov 14 2008 11:00:00 GMT

The President's Advisory Council on Financial Literacy will convene its sixth meeting on Thursday, December 4, 2008, via teleconference beginning at 2 p.m. Eastern Time. The telephone meeting will be open to the public. Members of the public interested in listening to the meeting should email the Treasury Department at FinancialLiteracyCouncil@do.treas.gov to obtain the information on how to listen to the call. Individuals needing special accommodations to take part because of a disability should notify the contact person listed below.

Payments From the Presidential Primary Matching Payment Account

Thu, Nov 13 2008 11:00:00 GMT

This document contains final regulations under section 9037 of the Internal Revenue Code (Code) relating to the financing of presidential primary campaigns. The regulations relate to Treasury procedures for making payments from the Presidential Primary Matching Payment Account (Primary Account) to eligible primary candidates. These regulations affect all candidates eligible to receive payments from the Primary Account.

Open Meeting of the Advisory Committee on the Ten-Year Framework for Energy and Environment Cooperation With China

Thu, Nov 13 2008 11:00:00 GMT

The Department of Treasury's Advisory Committee on the Ten- Year Framework for Energy and Environment Cooperation with China will convene its first meeting on Monday, December 1, 2008, in the Cash Room of the main Department Building, 1500 Pennsylvania Avenue, NW., Washington, DC, beginning at 10 a.m. Eastern Time. The meeting will be open to the public.

Notification of Citizens Coinage Advisory Committee November 2008 Public Meeting

Thu, Nov 13 2008 11:00:00 GMT

Pursuant to United States Code, Title 31, section 5135(b)(8)(C), the United States Mint announces the Citizens Coinage Advisory Committee (CCAC) public meeting scheduled for November 24, 2008.

Government Securities: Call for Large Position Reports

Wed, Nov 12 2008 11:00:00 GMT

The Department of the Treasury (``Department'' or ``Treasury'') called for the submission of Large Position Reports by those entities whose reportable positions in either the 2% Treasury Notes of September 2010 or the 3\1/8\% Treasury Notes of September 2013 equaled or exceeded $2 billion as of close of business November 6, 2008.

Information Reporting for Discharges of Indebtedness

Mon, Nov 10 2008 11:00:00 GMT

In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing final and temporary regulations relating to information returns for cancellation of indebtedness by certain entities. The temporary regulations will avoid premature information reporting from certain businesses that are currently required to report and will reduce the number of information returns required to be filed. The regulations will impact certain lenders who are currently required to file information returns under the existing regulations. The text of those temporary regulations also serves as text of these proposed regulations. This document also provides a notice of public hearing on these proposed regulations.

Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustments

Mon, Nov 10 2008 11:00:00 GMT

The Office of the Comptroller of the Currency (OCC) is amending its rules of practice and procedure, set forth at 12 CFR part 19, to adjust the maximum amount of each civil money penalty (CMP) within its jurisdiction to administer to account for inflation. This action, including the amount of the adjustment, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990 (Inflation Adjustment Act), as amended by the Debt Collection Improvement Act of 1996. The OCC is also amending part 19 to add to our list of penalties a new CMP, which was authorized after the OCC last adjusted its CMPs.

Iranian Transactions Regulations

Mon, Nov 10 2008 11:00:00 GMT

The Office of Foreign Assets Control of the U.S. Department of the Treasury (``OFAC'') is amending the Iranian Transactions Regulations, to narrow the scope of existing section by revoking an authorization previously granted to U.S. depository institutions to process ``Uturn'' transfers, and to make certain other conforming and technical changes.

Agency Information Collection Activities: Submission for OMB Review; Comment Request

Mon, Nov 10 2008 11:00:00 GMT

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995. Currently, the OCC is soliciting comment concerning a proposed new collection titled ``Customer Complaint Form.'' The OCC is also giving notice that it has submitted the collection to OMB for review.

Information Reporting for Discharges of Indebtedness

Mon, Nov 10 2008 11:00:00 GMT

This document contains final and temporary regulations relating to information returns for cancellation of indebtedness by certain entities. The temporary regulations will avoid premature information reporting from certain businesses that are currently required to report and will reduce the number of information returns required to be filed. The temporary regulations will impact certain lenders who are currently required to file information returns under the existing regulations. The text of these temporary regulations also serves as the text of the proposed regulations as set forth in the Proposed Rules section in this issue of the Federal Register.

Transfer and Reorganization of Bank Secrecy Act Regulations

Fri, Nov 7 2008 11:00:00 GMT

FinCEN proposes to move Bank Secrecy Act (BSA) regulations to a new chapter in the Code of Federal Regulations (CFR). The new chapter would contain the BSA regulations, which would generally be reorganized by financial industry. Moving the BSA regulations to a new chapter and organizing the chapter by financial industry would create a user friendly way to find regulations applicable to a particular financial industry. This new organization within the new chapter also allows for the renumbering of the BSA regulations in a manner that would make it easier to find regulatory requirements than under the numbering system currently used in the existing regulations. FinCEN also proposes to make minor technical changes to the BSA regulations such as updating mailing addresses and points of contact.

Information Reporting on Employer-Owned Life Insurance Contracts

Thu, Nov 6 2008 11:00:00 GMT

This document contains final regulations concerning information reporting on employerowned life insurance contracts under section 6039I of the Internal Revenue Code (Code). This final regulation is necessary to provide taxpayers with guidance as to how the requirements of section 6039I should be applied. These regulations generally apply to taxpayers that are engaged in a trade or business and that are directly or indirectly a beneficiary of a life insurance contract covering the life of an insured who is an employee of the trade or business on the date the contract is issued.

Unified Rule for Loss on Subsidiary Stock

Thu, Nov 6 2008 11:00:00 GMT

Correction

In rule document E8 21006 beginning on page 53934 in the issue of Wednesday, September 17, 2008 make the following corrections: Sec. 1.150213 [Corrected]
1. On page 53948, in the first column, Sec. 1.150213(a)(4), in the second line ``(4) Application of other rules of law.'' should read ``(4) Application of other rules of law.''.
Sec. 1.150236 [Corrected]
2. On page 53962, in the third column, Sec. 1.150236(c)(8)(ii) at Example 6 (ii) (A), in the first paragraphs, in the 32nd line, ``CNOL))'' should read ``CNOL)''.
3. On page 53964, in the second column, Sec. 1.150236(d)(4)(ii)(A), the first sentence, ``(A) Category A, Category B, and Category C attributes.'' should read ``(A) Category A, Category B, and Category C attributes.''.
4. On page 53968, in the second column, Sec. 1.150236(d)(8) at Example 1 (ii), in paragraphs (A) and (B), ``Example 1''should read ``Example 1.''.
5. On page 53970, in the third column, Sec. 1.150236(d)(8) at Example 4. (i)(c) paragraph ``(1)'' should rea

Election To Expense Certain Refineries; Hearing Cancellation

Thu, Nov 6 2008 11:00:00 GMT

This document cancels a public hearing on proposed rulemaking by crossreference to temporary regulations under section 179C of the Internal Revenue Code relating to the election to expense qualified refinery property.

Proposed Collection; Comment Request for Form 13925

Thu, Nov 6 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 13925, Notice of Election of and Agreement To Special Lien Under Internal Revenue Code section 6324A and Regulations.

Agency Information Collection Activities: Submission for OMB Review; Comment Request

Thu, Nov 6 2008 11:00:00 GMT

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995. Currently, the OCC is soliciting comment concerning its extension of an information collection titled ``Debt Cancellation Contracts and Debt Suspension Agreements12 CFR 37.'' The OCC is also giving notice that it has submitted the collection to OMB for review.

Submission for OMB Review; Comment Request

Wed, Nov 5 2008 11:00:00 GMT

October 30, 2008.

The Department of the Treasury will submit the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 10413 on or after the date of publication of this notice. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, and 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
Dates: Written comments should be received on or before December 5, 2008 to be assured of consideration.
Internal Revenue Service (IRS)

OMB Number: 15451811.

Type of Review: Extension.

Title: REG15031301 (NPRM) Redemptions Taxable as Dividends.

Description: This information is necessary to ensure that the redeemed shareholder's suspended basis account is properly taken into account a

Financial Crimes Enforcement Network; Withdrawal of the Notice of Proposed Rulemaking; Anti-Money Laundering Programs

Tue, Nov 4 2008 11:00:00 GMT

The Financial Crimes Enforcement Network (``FinCEN'') is withdrawing the notice of proposed rulemaking, dated May 5, 2003, in which FinCEN proposed requiring commodity trading advisors to establish and implement antimoney laundering programs.

Financial Crimes Enforcement Network; Withdrawal of the Notice of Proposed Rulemaking; Anti-Money Laundering Programs

Tue, Nov 4 2008 11:00:00 GMT

The Financial Crimes Enforcement Network (``FinCEN'') is withdrawing the notice of proposed rulemaking, dated May 5, 2003, in which FinCEN proposed imposing on certain investment advisers a requirement to establish and implement an antimoney laundering program.

Financial Crimes Enforcement Network; Withdrawal of the Notice of Proposed Rulemaking; Anti-Money Laundering Programs

Tue, Nov 4 2008 11:00:00 GMT

The Financial Crimes Enforcement Network (``FinCEN'') is withdrawing the notice of proposed rulemaking, dated September 26, 2002, in which FinCEN proposed requiring unregistered investment companiessuch as hedge funds, commodity pools, and similar investment vehiclesto establish and implement antimoney laundering programs.

Offering of United States Savings Bonds, Series I

Tue, Nov 4 2008 11:00:00 GMT

A Series I savings bond accrues interest based on both a fixed rate of return and a semiannual inflation rate. A single, annual interest rate called the composite rate reflects the combined effects of the fixed rate and the semiannual inflation rate. This amendment clarifies that the fixed rate of return and the composite rate will always be greater than or equal to 0%. This amendment is for clarification purposes only and makes no substantive change to the existing regulations.

Proposed Information Collection; Comment Request

Mon, Nov 3 2008 11:00:00 GMT

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995. Currently, the OCC is soliciting comment concerning its extension, without change, of an information collection titled, ``Release of NonPublic Information12 CFR 4, Subpart C.''

Prohibited Service at Savings and Loan Holding Companies Extension of Expiration Date of Temporary Exemption

Mon, Nov 3 2008 11:00:00 GMT

OTS is revising its rules implementing section 19(e) of the Federal Deposit Insurance Act (FDIA), which prohibits any person who has been convicted of any criminal offense involving dishonesty, breach of trust, or money laundering (or who has agreed to enter into a pretrial diversion or similar program in connection with a prosecution for such an offense) from holding certain positions with respect to a savings and loan holding company (SLHC). Specifically, OTS is extending the expiration date of a temporary exemption granted to persons who held positions with respect to a SLHC as of the date of the enactment of section 19(e). The revised expiration date for the temporary exemption is March 31, 2009.

Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System

Mon, Nov 3 2008 11:00:00 GMT

The Department of the Treasury is announcing a new fee schedule applicable to transfers of U.S. Treasury bookentry securities maintained on the National BookEntry System (NBES) that occur on or after January 2, 2009. The basic fee for the transfer of a Treasury bookentry security will increase from $.28 to $.30. The Federal Reserve funds movement fee will remain at $.05, resulting in a combined fee of $.35 for each Treasury securities transfer. In addition to the basic fee, offline transfers have a surcharge. The surcharge for an offline Treasury bookentry transfer will remain $33.00.

Infrastructure Improvements Under Section 897

Fri, Oct 31 2008 11:00:00 GMT

This document describes issues that the IRS and the Treasury Department are considering addressing, in a notice of proposed rulemaking, under section 897 of the Internal Revenue Code (Code) regarding the definition of an interest in real property. The notice of proposed rulemaking would address certain rights granted by a governmental unit that are related to the lease, ownership, or use of real property. This document also invites comments from the public regarding these contemplated rules. All materials submitted will be available for public inspection and copying.

Section 108(e)(8) Application to Partnerships

Fri, Oct 31 2008 11:00:00 GMT

This document contains proposed regulations relating to the application of section 108(e)(8) of the Internal Revenue Code (Code) to partnerships and their partners. These regulations provide guidance regarding the determination of discharge of indebtedness income of a partnership that transfers a partnership interest to a creditor in satisfaction of the partnership's indebtedness (debtforequity exchange). The proposed regulations also provide that section 721 applies to a contribution of a partnership's recourse or nonrecouse indebtedness by a creditor to the partnership in exchange for a capital or profits interest in the partnership. This document also provides notice of a public hearing on these proposed regulations.

Request for Applications for the IRS Advisory Committee on Tax Exempt and Government Entities

Fri, Oct 31 2008 11:00:00 GMT

The Internal Revenue Service (IRS) is requesting applications for membership to serve on the Advisory Committee on Tax Exempt and Government Entities (ACT). Applications will be accepted for the following vacancies, which will occur in June 2009: Two (2) employee plans; two (2) exempt organizations; two (2) Indian tribal governments; two (2) tax exempt bonds, and one (1) Federal, state and local governments. To ensure appropriate balance of membership, final selection from qualified candidates will be determined based on experience, qualifications, and other expertise.

Quarterly Publication of Individuals, Who Have Chosen To Expatriate, as Required by Section 6039G

Fri, Oct 31 2008 11:00:00 GMT

This notice is provided in accordance with IRC section 6039G, as amended, by the Health Insurance Portability and Accountability Act (HIPPA) of 1996. This listing contains the name of each individual losing their United States citizenship (within the meaning of section 877(a)) with respect to whom the Secretary received information during the quarter ending September 30, 2008.
Middle name/ Last name First name initials Ward............................ Ellen............. Cleary Zahid........................... Zayd.............. Mohamed Bloom........................... Emma.............. Catherine Beselin......................... Anita............. Elisabeth Salinas......................... Federico.......... .................. Pomfret......................... Melanie........... L
Nixon........................... Douglas........... Ross
Bross........................... Holger............ .......

Advisory Council to the Internal Revenue Service; Meeting

Thu, Oct 30 2008 11:00:00 GMT

The Internal Revenue Service Advisory Council (IRSAC) will hold a public meeting on Wednesday, November 19, 2008.

Submission for OMB Review; Comment Request

Thu, Oct 30 2008 11:00:00 GMT

October 23, 2008.

The Department of Treasury is planning to renew the following public information collection requirement(s) for OMB clearance under the Paperwork Reduction Act of 1995, Public Law 10413. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

Proposed Collection; Comment Request for Regulation Project

Thu, Oct 30 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, REG24877096 (TD 8725). Miscellaneous Sections Affected by the Taxpayer Bill of Rights 2 and the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (Sec. 301.74302(c)).

Proposed Collection; Comment Request for Regulation Project

Thu, Oct 30 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning a final regulation, REG14645905 (TD 9324), Designated Roth
Contributions under Section 402A.

Proposed Collection; Comment Request for Regulation Project

Thu, Oct 30 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, PS5489 (TD 8444). Applicable Conventions Under the Accelerated Cost Recovery System (Sec. 1.168(d)1(b)(7)).

Establishment of the Leona Valley Viticultural Area (2007R-281P)

Wed, Oct 29 2008 11:00:00 GMT

This Treasury decision establishes the 13.4-square mile ``Leona Valley'' American viticultural area in northeastern Los Angeles County, California. We designate viticultural areas to allow vintners to better describe the origin of their wines and to allow consumers to better identify wines they may purchase.

Office of the Assistant Secretary for International Affairs; Survey of U.S. Ownership of Foreign Securities as of

Wed, Oct 29 2008 11:00:00 GMT

By this Notice and in accordance with 31 CFR 129, the Department of the Treasury is informing the public that it is conducting a mandatory survey of U.S. ownership of foreign securities as of December 31, 2008. This Notice constitutes legal notification to all United States persons (defined below) who meet the reporting requirements set forth in this Notice that they must respond to, and comply with, this survey. Additional copies of the reporting form SHCA (2008) and instructions may be printed from the Internet at: http:// www.treas.gov/tic/formssh.html.

Definition: Pursuant to 22 U.S.C. 3102 a U.S. person is any individual, branch, partnership, associated group, association, estate, trust, corporation, or other organization (whether or not organized under the laws of any State), and any government (including a foreign government, the United States Governm

Proposed Revision of Distilled Spirits Plant Regulations (2001R- 194P); Extension of Comment Period

Wed, Oct 29 2008 11:00:00 GMT

In response to an industry association request, the Alcohol and Tobacco Tax and Trade Bureau extends the comment period for Notice No. 83, Proposed Revision of Distilled Spirits Plant Regulations, a notice of proposed rulemaking published in the Federal Register on May 8, 2008, for an additional 90 days.

Proposed Expansions of the Russian River Valley and Northern Sonoma Viticultural Areas; Reopening of Comment Period

Wed, Oct 29 2008 11:00:00 GMT

In response to an industry member request, the Alcohol and Tobacco Tax and Trade Bureau is reopening the comment period for Notice No. 90, Proposed Expansions of the Russian River Valley and Northern Sonoma Viticultural Areas, a notice of proposed rulemaking published in the Federal Register on August 20, 2008.

Proposed Information Collections; Comment Request

Wed, Oct 29 2008 11:00:00 GMT

As part of our continuing effort to reduce paperwork and respondent burden, and as required by the Paperwork Reduction Act of 1995, we invite comments on the proposed or continuing information collections listed below in this notice.

Employer Comparable Contributions to Health Savings Accounts Under Section 4980G, and Requirement of Return for

Tue, Oct 28 2008 11:00:00 GMT

This document cancels a public hearing on proposed rulemaking providing guidance on employer comparable contributions to Health Savings Accounts (HSAs) under section 4980G of the Internal Revenue Code as mended by sections 302, 305, and 306 of the Tax Relief and Health Care Act of 2006. The proposed regulations also provide guidance relating to the requirement of a return to accompany payment of the excise tax under section 4980B, 4980D, 4980E or 4980G of the Code and the time for filing that return. These proposed regulations would affect employers that contribute to employees' HSAs and Archer MSAs, employers or employee organizations that sponsor a group health plan, and certain third parties such as insurance companies or HMOs or third party administrators who are responsible for providing benefits under the plan.

Extension of Time for Filing Returns; Hearing

Tue, Oct 28 2008 11:00:00 GMT

This document provides notice of a public hearing on proposed regulations by crossreference to temporary regulations relating to the simplification of procedures for automatic extensions of time to file certain returns. These simplified procedures are aimed at reducing overall taxpayer burden.

Proposed Collection; Comment Request for Form 8899

Tue, Oct 28 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8899, Notice of Income Donated Intellectual Property.

Proposed Collection; Comment Request for Regulation Project

Tue, Oct 28 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, PS10286 (TD 8316), Cooperative Housing Corporations (Sec. 1.2161(d)(2)).

Proposed Collection; Comment Request for Form 8894

Tue, Oct 28 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8894, Request to Revoke Partnership Level Tax Treatment Election.

Third-Party Disclosure in IRS Regulations; Proposed Collection; Comment Request for Regulation Project

Tue, Oct 28 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning existing regulations, ThirdParty Disclosure Requirements in IRS Regulations.

Proposed Collection; Comment Request for Regulation Project

Tue, Oct 28 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning the existing final regulations, FI18984 (TD 8517, Final), Debt Instruments With Original Discount; Imputed Interest on Deferred Payment Sales or Exchanges of Property.

Proposed Collection; Comment Request for Form 8927

Tue, Oct 28 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8927, Determination Under Section 860(e)(4) by a Qualified Investment Entity.

Additional Designation of Entities Pursuant to Executive Order 13382

Tue, Oct 28 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of four newlydesignated entities whose property and interests in property are blocked pursuant to Executive Order 13382 of June 28, 2005, ``Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters.''

Additional Designation of Entities Pursuant to Executive Order 13382

Tue, Oct 28 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of six newlydesignated entities whose property and interests in property are blocked pursuant to Executive Order 13382 of June 28, 2005, ``Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters.''

Additional Designation of Entities Pursuant to Executive Order 13382

Tue, Oct 28 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of five newlydesignated entities whose property and interests in property are blocked pursuant to Executive Order 13382 of June 28, 2005, ``Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters.''

Unblocking of Blocked Persons Pursuant to the Foreign Narcotics Kingpin Designation Act

Tue, Oct 28 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of two individuals whose property and interests in property have been unblocked pursuant to the Foreign Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 1901 1908, 8 U.S.C. 1182).

Office of Foreign Assets Control Unblocking of Specially Designated Narcotics Traffickers Pursuant to Executive Order

Tue, Oct 28 2008 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the name of three individuals whose property and interests in property have been unblocked pursuant to Executive Order 12978 of October 21, 1995, Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers.

Surety Companies Acceptable on Federal Bonds: Trinity Universal Insurance Company

Mon, Oct 27 2008 11:00:00 GMT

This is Supplement No. 3 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.

Rules of Practice and Procedure in Adjudicatory Proceedings; Civil Money Penalty Inflation Adjustment

Mon, Oct 27 2008 11:00:00 GMT

The Federal Civil Monetary Penalty Inflation Adjustment Act of 1990 requires all federal agencies with statutory authority to impose civil money penalties (CMPs) to evaluate and adjust those CMPs every four years. OTS last adjusted its CMP statutes in 2004. Consequently, OTS is issuing this final rule to implement the required adjustments to OTS's CMP statutes.

FEDERAL RESERVE SYSTEM

Mon, Oct 27 2008 11:00:00 GMT

On September 7, 2008, the U.S. Department of Treasury (Treasury) entered into senior preferred stock purchase agreements (the Agreement or Agreements) with the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), which effectively provide protection to the holders of senior debt, subordinated debt, and mortgagebacked securities (MBS) issued or guaranteed by these entities. In light of the financial support provided under the Agreements, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) (collectively, the agencies) are
[[Page 63657]]
proposing to adopt a 10 percent risk weight for claims on, and the portion of claims guaranteed by, Fannie Mae or Freddie Mac. The 10 percent risk weight would apply so long as an Agreement remains in effect with the respective entity.

Treatment of Payments in Lieu of Taxes Under Section 141

Fri, Oct 24 2008 11:00:00 GMT

This document contains final regulations which modify the standards for treating certain payments in lieu of taxes or other tax equivalency payments (PILOTs) as generally applicable taxes for purposes of the private security or payment test under section 141 of the Internal Revenue Code (Code). This action is being taken in order to provide issuers of taxexempt bonds with guidance on whether PILOTs are eligible to be treated as generally applicable taxes for this purpose. The regulations affect State and local governmental issuers of taxexempt bonds.

Application of Section 409A to Nonqualified Deferred Compensation Plans; Correction

Thu, Oct 23 2008 11:00:00 GMT

This document contains corrections to a correcting amendment to final regulations (TD 9321) that was published in the Federal Register on October 7, 2008 (73 FR 58438). The final regulations relate to section 409A and nonqualified deferred compensation plans.

Proposed Collection; Comment Request for Form 1098-C

Thu, Oct 23 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 1098C, Contributions of Motor Vehicles, Boats, and Airplanes.

Voluntary Dissolution

Wed, Oct 22 2008 11:00:00 GMT

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting public comments on its proposal to extend this information collection.

Recordkeeping and Confirmation Requirements for Securities Transactions

Wed, Oct 22 2008 11:00:00 GMT

The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995. OTS is soliciting public comments on the proposal.

Submission for OMB Review; Comment Request

Tue, Oct 21 2008 11:00:00 GMT

October 16, 2008.

The Department of Treasury will submit the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 10413 on or after the date of publication of this notice. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

Management Official Interlocks

Mon, Oct 20 2008 11:00:00 GMT

DEPARTMENT OF LABOR

Mon, Oct 20 2008 11:00:00 GMT

This document contains final rules for group health plans and health insurance issuers concerning hospital lengths of stay for mothers and newborns following childbirth, pursuant to the Newborns' and Mothers' Health Protection Act of 1996 and the Taxpayer Relief Act of 1997.