83 FR 14175 - Arbitrage Guidance for Tax-Exempt Bonds; Correction

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 64 (April 3, 2018)

Page Range		14175-14175
FR Document		2018-06704

This document contains corrections to final regulations (TD 9777) that were published in the Federal Register on Monday, July 18, 2016. The final regulations are related to arbitrage restrictions under section 148 of the Internal Revenue Code applicable to tax-exempt bonds and other tax-advantaged bonds issued by State and local governments.

Federal Register, Volume 83 Issue 64 (Tuesday, April 3, 2018)

[Federal Register Volume 83, Number 64 (Tuesday, April 3, 2018)]
[Rules and Regulations]
[Page 14175]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-06704]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9777]
RIN 1545-BG41; 1545-BH38


Arbitrage Guidance for Tax-Exempt Bonds; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains corrections to final regulations (TD 
9777) that were published in the Federal Register on Monday, July 18, 
2016. The final regulations are related to arbitrage restrictions under 
section 148 of the Internal Revenue Code applicable to tax-exempt bonds 
and other tax-advantaged bonds issued by State and local governments.

DATES: This correction is effective on April 3, 2018 and is applicable 
on or after July 18, 2016.

FOR FURTHER INFORMATION CONTACT: Spence Hanemann at (202) 317-6980 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations (TD 9777) that are the subject of this 
correction are issued under section 148 of the Internal Revenue Code.

Need for Correction

    As published July 18, 2016 (81 FR 46582), the final regulations (TD 
9777) contain an error that needs to be corrected.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Correction of Publication

    Accordingly, 26 CFR part 1 is corrected by making the following 
correcting amendments:

PART 1--INCOME TAXES

0
Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:

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


0
Par. 2. Section 1.148-4 is amended by revising the paragraph heading 
for paragraph (h)(3)(iv) to read as follows:


Sec.  1.148-4  Yield on an issue of bonds.

* * * * *
    (h) * * *
    (3) * * *
    (iv) Accounting for modifications and terminations--* * *
* * * * *

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2018-06704 Filed 4-2-18; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 83, No. 64 / Tuesday, April 3, 2018 / Rules and Regulations 14175

(83 FR 10784; March 13, 2018). The SUMMARY: This document contains ENVIRONMENTAL PROTECTION
final rule, technical amendment corrections to final regulations (TD AGENCY
updated the controlling agency 9777) that were published in the
information of four restricted areas (R– Federal Register on Monday, July 18, 40 CFR Part 52
2907C, R–2910B, R–2910C, and R– 2016. The final regulations are related to
2910E) in Florida. Subsequent to arbitrage restrictions under section 148 [EPA–R03–OAR–2014–0701; FRL–9976–
publication, the FAA determined that of the Internal Revenue Code applicable 30—Region 3]
the location of R–2907C was incorrectly to tax-exempt bonds and other tax-
stated as ‘‘Pinecastle, FL’’ instead of advantaged bonds issued by State and Approval and Promulgation of Air
‘‘Lake George, FL.’’ This correction local governments. Quality Implementation Plans; District
inserts ‘‘Lake George, FL’’ at all of Columbia; Interstate Transport
references to restricted area R–2907C. DATES: This correction is effective on Requirements for the 2010 1-Hour
April 3, 2018 and is applicable on or Sulfur Dioxide Standard
Correction to Final Rule after July 18, 2016.
Accordingly, pursuant to the FOR FURTHER INFORMATION CONTACT:
AGENCY: Environmental Protection
authority delegated to me, in the Agency (EPA).
Spence Hanemann at (202) 317–6980
Federal Register of March 13, 2018 (83 (not a toll-free number). ACTION: Final rule.
FR 10784) FR Doc. 2018–05041,
Amendment of Restricted Areas R– SUPPLEMENTARY INFORMATION:
SUMMARY: The Environmental Protection
2907C, R–2910B, R–2910C, and R– Background Agency (EPA) is approving a state
2910E; Pinecastle, FL, is corrected as implementation plan (SIP) revision
follows: The final regulations (TD 9777) that submitted by the District of Columbia
On page 10784, column 1, line 26, in are the subject of this correction are (the District). This revision pertains to
the subject heading, after the word R– issued under section 148 of the Internal the infrastructure requirement for
2907C, insert ‘‘Lake George, FL,’’. On Revenue Code. interstate transport of pollution with
page 10784, column 1, line 34, under respect to the 2010 1-hour sulfur
SUMMARY, after the word R–2907C, insert Need for Correction
dioxide (SO2) national ambient air
‘‘Lake George, FL,’’. On page 10784, As published July 18, 2016 (81 FR quality standards (NAAQS). EPA is
column 2, line 13, under Authority for 46582), the final regulations (TD 9777) approving this revision in accordance
this rulemaking, after the word R– contain an error that needs to be with the requirements of the Clean Air
2907C, insert ’’ Lake George, FL,’’. On Act (CAA).
corrected.
page 10784, column 2, line 20, under
The Rule, after the word R–2907C, List of Subjects in 26 CFR Part 1 DATES: This final rule is effective on
insert ‘‘Lake George, FL,’’. On page May 3, 2018.
10784, column 2, line 66, and column Income taxes, Reporting and ADDRESSES: EPA has established a
3, line 17, under Environmental Review, recordkeeping requirements. docket for this action under Docket ID
after the word R–2907C, insert ‘‘Lake Correction of Publication Number EPA–R03–OAR–2014–0701. All
George, FL,’’. documents in the docket are listed on
Accordingly, 26 CFR part 1 is the https://www.regulations.gov
§ 73.29 [Amended]
corrected by making the following website. Although listed in the index,
■ On page 10784, column 3, line 51 correcting amendments: some information is not publicly
correct the location of R–2907C to read available, e.g., confidential business
as follows: PART 1—INCOME TAXES information (CBI) or other information
R–2907C Lake George, FL [Corrected] whose disclosure is restricted by statute.
■ Paragraph 1. The authority citation Certain other material, such as
Issued in Washington, DC, on March 28, for part 1 continues to read in part as copyrighted material, is not placed on
2018. follows: the internet and will be publicly
Rodger A. Dean, Jr., available only in hard copy form.
Authority: 26 U.S.C. 7805 * * *
Manager, Airspace Policy Group. Publicly available docket materials are
[FR Doc. 2018–06746 Filed 4–2–18; 8:45 am] ■ Par. 2. Section 1.148–4 is amended by available through https://
BILLING CODE 4910–13–P revising the paragraph heading for www.regulations.gov, or please contact
paragraph (h)(3)(iv) to read as follows: the person identified in the FOR FURTHER
INFORMATION CONTACT section for
§ 1.148–4 Yield on an issue of bonds. additional availability information.
DEPARTMENT OF THE TREASURY
* * * * *
FOR FURTHER INFORMATION CONTACT:
Internal Revenue Service (h) * * * Joseph Schulingkamp, (215) 814–2021,
(3) * * * or by email at schulingkamp.joseph@
26 CFR Part 1 epa.gov.
(iv) Accounting for modifications and
[TD 9777]
terminations—* * * SUPPLEMENTARY INFORMATION: On July
RIN 1545–BG41; 1545–BH38 * * * * * 17, 2014, the District of Columbia (the
nshattuck on DSK9F9SC42PROD with RULES

District) through the District Department
Arbitrage Guidance for Tax-Exempt Martin V. Franks, of Energy and the Environment
Bonds; Correction Chief, Publications and Regulations Branch, (DDOEE) submitted a SIP revision
Legal Processing Division, Associate Chief addressing the infrastructure
AGENCY: Internal Revenue Service (IRS), Counsel (Procedure and Administration).
Treasury. requirements under section 110(a)(2) of
[FR Doc. 2018–06704 Filed 4–2–18; 8:45 am] the CAA for the 2010 1-hour SO2
ACTION: Correcting amendment.
BILLING CODE 4830–01–P NAAQS.

VerDate Sep<11>2014 13:13 Apr 02, 2018 Jkt 244001 PO 00000 Frm 00003 Fmt 4700 Sfmt 4700 E:\FR\FM\03APR1.SGM 03APR1

Document Created: 2018-04-03 00:50:27
Document Modified: 2018-04-03 00:50:27

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Rules and Regulations
Action		Correcting amendment.
Dates		This correction is effective on April 3, 2018 and is applicable on or after July 18, 2016.
Contact		Spence Hanemann at (202) 317-6980 (not a toll-free number).
FR Citation		83 FR 14175
RIN Number		1545-BG41 and 1545-BH38
CFR Associated		Income Taxes and Reporting and Recordkeeping Requirements

83 FR 14175 - Arbitrage Guidance for Tax-Exempt Bonds; Correction

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 64 (April 3, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service