[Federal Register Volume 84, Number 247 (Thursday, December 26, 2019)]
[Proposed Rules]
[Pages 71181-71183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-26586]
[[Page 71181]]
Vol. 84
Thursday,
No. 247
December 26, 2019
Part XII
Department of the Treasury
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Semiannual Regulatory Agenda
Federal Register / Vol. 84 , No. 247 / Thursday, December 26, 2019 /
UA: Reg Flex Agenda
[[Page 71182]]
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DEPARTMENT OF THE TREASURY
31 CFR Subtitles A and B
Semiannual Agenda and Regulatory Plan
AGENCY: Department of the Treasury.
ACTION: Semiannual regulatory agenda and annual regulatory plan.
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SUMMARY: This notice is given pursuant to the requirements of the
Regulatory Flexibility Act and Executive Order (E.O.) 12866
(``Regulatory Planning and Review''), which require the publication by
the Department of a semiannual agenda of regulations. E.O. 12866 also
requires the publication by the Department of a regulatory plan for the
upcoming fiscal year. The purpose of the agenda is to provide advance
information about pending regulatory activities and encourage public
participation in the regulatory process.
FOR FURTHER INFORMATION CONTACT: The Agency contact identified in the
item relating to that regulation.
SUPPLEMENTARY INFORMATION: The semiannual regulatory agenda includes
regulations that the Department has issued or expects to issue and
rules currently in effect that are under departmental or bureau review.
For this edition of the regulatory agenda, the most important
significant regulatory actions and a Statement of Regulatory Priorities
are included in the Regulatory Plan, which appears in both the online
Unified Agenda and in part II of the Federal Register publication that
includes the Unified Agenda.
The complete Unified Agenda will be available online at
www.reginfo.gov and www.regulations.gov in a format that offers users
an enhanced ability to obtain information from the Agenda database.
Because publication in the Federal Register is mandated for the
regulatory flexibility agenda required by the Regulatory Flexibility
Act (5 U.S.C. 602), Treasury's printed agenda entries include only:
(1) Rules that are in the regulatory flexibility agenda, in
accordance with the Regulatory Flexibility Act, because they are likely
to have a significant economic impact on a substantial number of small
entities; and
(2) Rules that have been identified for periodic review under
section 610 of the Regulatory Flexibility Act.
Printing of these entries is limited to fields that contain
information required by the Regulatory Flexibility Act's Agenda
requirements. Additional information on these entries is available in
the Unified Agenda published on the internet. In addition, for fall
editions of the Agenda, the entire Regulatory Plan will continue to be
printed in the Federal Register, as in past years.
The Department has listed in this agenda all regulations and
regulatory reviews pending at the time of publication, except for
technical, minor, and routine actions. On occasion, a regulatory matter
may be inadvertently left off of the agenda or an emergency may arise
that requires the Department to initiate a regulatory action not yet on
the agenda. There is no legal significance to the omission of an item
from this agenda. For most entries, Treasury includes a projected date
for the next rulemaking action; however, the date is an estimate and is
not a commitment to publish on the projected date. In addition, some
agenda entries are marked as ``withdrawn'' when there has been no
publication activity. Withdrawal of a rule from the agenda does not
necessarily mean that a rule will not be included in a future agenda
but may mean that further consideration is warranted and that the
regulatory action is unlikely in the next 12 months.
Public participation in the rulemaking process is the foundation of
effective regulations. For this reason, the Department invites comments
on all regulatory and deregulatory items included in the agenda and
invites input on items that should be included in the semiannual
agenda.
Name: Michael Briskin,
Deputy Assistant General Counsel for General Law and Regulation.
Customs Revenue Function--Proposed Rule Stage
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Regulation
Sequence No. Title Identifier No.
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324....................... Enforcement of Copyrights 1515-AE26
and the Digital
Millennium Copyright Act.
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Internal Revenue Service--Proposed Rule Stage
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Regulation
Sequence No. Title Identifier No.
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325....................... Section 42 Average Income 1545-BO92
Test.
326....................... MEPs and the Unified Plan 1545-BO97
Rule.
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DEPARTMENT OF THE TREASURY (TREAS)
Customs Revenue Function (CUSTOMS)
Proposed Rule Stage
324. Enforcement of Copyrights and the Digital Millennium Copyright Act
E.O. 13771 Designation: Not subject to, not significant.
Legal Authority: Not Yet Determined
Abstract: This rule amends the U.S. Customs and Border Protection
(CBP) regulations pertaining to importations of merchandise that
violate or are suspected of violating the copyright laws in accordance
with title III of the Trade Facilitation and Trade Enforcement Act of
2015 (TFTEA) and certain provisions of the Digital Millennium Copyright
Act (DMCA).
Timetable:
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Action Date FR Cite
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NPRM................................ 11/00/19
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Charles Steuart, Chief, Intellectual Property
Rights Branch, Department of the Treasury, Customs Revenue Function,
Regulations and Rulings, Office of International Trade, U.S. Customs
and Border Protection, 90 K Street NE, 10th Floor, Washington, DC
20229-1177, Phone: 202 325-0093, Fax: 202 325-0120, Email:
[email protected].
RIN: 1515-AE26
BILLING CODE 9111-14-P
[[Page 71183]]
DEPARTMENT OF THE TREASURY (TREAS)
Internal Revenue Service (IRS)
Proposed Rule Stage
325. Section 42 Average Income Test
E.O. 13771 Designation: Not subject to, not significant.
Legal Authority: 26 U.S.C. 7805; 26 U.S.C. 42
Abstract: The Consolidated Appropriations Act of 2018 added a new
applicable minimum set-aside test under section 42(g) of the Internal
Revenue Code known as the average income test. This proposed regulation
will implement requirements related to the average income test.
Timetable:
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Action Date FR Cite
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NPRM................................ 07/00/20 .......................
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Dillon J. Taylor, Attorney, Department of the
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW, Room
5107, Washington, DC 20224, Phone: 202 317-4137, Fax: 855 591-7867,
Email: [email protected]
RIN: 1545-BO92
326. MEPS and the Unified Plan Rule
E.O. 13771 Designation: Regulatory.
Legal Authority: 26 U.S.C. 7805; 26 U.S.C. 413
Abstract: These are final regulations relating to the tax
qualification of plans maintained by more than one employer pursuant to
section 413(c) of the Internal Revenue Code, often referred to as
multiple employer plans or MEPs. The regulations provide limited relief
to a defined contribution MEP in the event of a failure by one employer
maintaining the plan to satisfy an applicable qualification requirement
or to provide information needed to ensure compliance with a
qualification requirement. The regulations affect participants in MEPs,
MEP sponsors and administrators, and employers maintaining MEPs.
Timetable:
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Action Date FR Cite
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NPRM................................ 07/03/19 84 FR 31777
NPRM Comment Period End............. 10/01/19 .......................
Final Action........................ 06/00/20 .......................
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Jamie Dvoretzky, Attorney, Department of the
Treasury, Internal Revenue Service, 1111 Constitution Avenue NW,
Washington, DC 20224, Phone: 202 317-4102, Fax: 855 604-6087, Email:
[email protected].
RIN: 1545-BO97
[FR Doc. 2019-26586 Filed 12-23-19; 8:45 am]
BILLING CODE 4810-01-P