2024-16214: Interest Capitalization Requirements for Improvements to Designated Property; Correction
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This document corrects a notice of proposed rulemaking (REG- 133850-13) published in the Federal Register on May 15, 2024, containing proposed regulations that would remove the associated property rule and similar rules from the existing regulations on the interest capitalization requirements for improvements to designated property.
The agency’s own summary, as published.
The rule, in full
295 words as published, July 24, 2024. View the original →
Federal Register, Volume 89 Issue 142 (Wednesday, July 24, 2024) [Federal Register Volume 89, Number 142 (Wednesday, July 24, 2024)] [Proposed Rules] [Page 59864] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2024-16214] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG-133850-13] RIN 1545-BN93 Interest Capitalization Requirements for Improvements to Designated Property; Correction
Agency
Internal Revenue Service (IRS), Treasury.
Action
Notice of proposed rulemaking; correction. -----------------------------------------------------------------------
Summary
This document corrects a notice of proposed rulemaking (REG- 133850-13) published in the Federal Register on May 15, 2024, containing proposed regulations that would remove the associated property rule and similar rules from the existing regulations on the interest capitalization requirements for improvements to designated property.
Dates
Written or electronic comments were to be received by July 15, 2024.
Addresses
Commenters were strongly encouraged to submit public comments electronically.
For Further Information Contact
Concerning the proposed regulations, contact Livia Piccolo of the Office of Associate Chief Counsel (Income Tax and Accounting), at (202) 317-7007 (not a toll-free number); concerning submissions of comments or the public hearing, Vivian Hayes, (202) 317-6901 (not toll-free number) or by email to [email protected] (preferred).
Supplementary Information
Background The notice of proposed rulemaking (REG-133850-13) that is the subject of this correction is under section 263A of the Code. Correction of Publication Accordingly, the notice of proposed rulemaking (REG-133850-13) that is the subject of FR Doc. 2024-10579, published on May 15, 2024, is corrected on page 42405, in the third column, by correcting the third line from the bottom of the column to read, ``amendments to Sec. 1.263A-11(e) to''. Oluwafunmilayo A. Taylor, Section Chief, Publications and Regulations Section, Associate Chief Counsel, (Procedure and Administration). [FR Doc. 2024-16214 Filed 7-23-24; 8:45 am] BILLING CODE 4830-01-P
What this changes
Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.
Rulemaking docket
We haven’t pulled this rulemaking’s full docket yet.
Documents
- Full text (Federal Register) · July 24, 2024
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