Proposed Rule2023-23616
Increased Credit or Deduction Amounts for Satisfying Certain Prevailing Wage and Registered Apprenticeship Requirements; Correction
Primary source
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Published
October 27, 2023
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
This document contains corrections to a notice of proposed rulemaking (REG-100908-23) that was published in the Federal Register on August 30, 2023. The notice of proposed rulemaking contains proposed regulations concerning increased credit or deduction amounts available for taxpayers satisfying prevailing wage and registered apprenticeship (collectively, PWA) requirements established by the Inflation Reduction Act of 2022 (IRA).
Full Text
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<title>Federal Register, Volume 88 Issue 207 (Friday, October 27, 2023)</title>
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[Federal Register Volume 88, Number 207 (Friday, October 27, 2023)]
[Proposed Rules]
[Page 73807]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-23616]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-100908-23]
RIN 1545-BQ54
Increased Credit or Deduction Amounts for Satisfying Certain
Prevailing Wage and Registered Apprenticeship Requirements; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of proposed rulemaking and public hearing; correction.
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SUMMARY: This document contains corrections to a notice of proposed
rulemaking (REG-100908-23) that was published in the Federal Register
on August 30, 2023. The notice of proposed rulemaking contains proposed
regulations concerning increased credit or deduction amounts available
for taxpayers satisfying prevailing wage and registered apprenticeship
(collectively, PWA) requirements established by the Inflation Reduction
Act of 2022 (IRA).
DATES: Written or electronic comments are still being accepted and must
be received by October 30, 2023. The public hearing on these proposed
regulations is scheduled to be held on November 21, 2023, at 10 a.m.
ET. Requests to speak and outlines of topics to be discussed at the
public hearing must be received by October 30, 2023.
ADDRESSES: Commenters are strongly encouraged to submit public comments
electronically. Submit electronic submissions via the Federal
eRulemaking Portal at <a href="https://www.regulations.gov">https://www.regulations.gov</a> (indicate IRS and
REG-100908-23) by following the online instructions for submitting
comments. Once submitted to the Federal eRulemaking Portal, comments
cannot be edited or withdrawn. The Department of the Treasury (Treasury
Department) and the IRS will publish for public availability any
comments submitted, whether electronically or on paper, to the IRS's
public docket. Send paper submissions to: CC:PA:01:PR (REG-100908-23),
Room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin
Station, Washington, DC 20044.
FOR FURTHER INFORMATION CONTACT: Concerning this proposed regulations,
the Office of Associate Chief Counsel (Passthroughs & Special
Industries) at (202) 317-6853 (not a toll-free number); concerning
submissions of comments and or the public hearing, Vivian Hayes at
(202) 317-6901 (not a toll-free number) or by email to
<a href="/cdn-cgi/l/email-protection#85f5f0e7e9ece6ede0e4f7ecebe2f6c5ecf7f6abe2eaf3"><span class="__cf_email__" data-cfemail="86f6f3e4eaefe5eee3e7f4efe8e1f5c6eff4f5a8e1e9f0">[email protected]</span></a> (preferred).
SUPPLEMENTARY INFORMATION:
Background
The proposed regulation that is the subject of this correction is
under sections 30C, 45, 45L, 45U, 45V, 45Y, 45Z, 48C, 48E, and 179D of
the Internal Revenue Code.
Need for Correction
As published, the notice of proposed rulemaking (REG-100908-23)
contains errors that need to be corrected.
Correction of Publication
Accordingly, the notice of proposed rulemaking (REG-100908-23) that
is the subject of FR Doc. 2023-18514, published on August 30, 2023, at
88 FR 60018, is corrected to read as follows:
0
1. On page 60031, the third line from the bottom of the third column is
corrected to read ``Participation Requirement, then the penalty''.
0
2. On page 60334, in the first column, first line of the column is
corrected to read ``Exception, or the BOC Exception, then the''.
0
3. On page 60036, in the third column, the last line of the third full
paragraph is corrected to read ``filers, and tax-exempt
organizations.''.
0
4. On page 60036, in the third column, third line from the bottom of
the fourth full paragraph is corrected to read ``proposed regulation
does not alter any of the DOL''.
0
5. On page 60037, in the first column, second line from the bottom of
the first partial paragraph, the language ``number'' is corrected to
read ``Number''.
0
6. On page 60037, in the first column, seventh line from the top of the
second full paragraph is corrected to read ``include third-party
disclosures for ``.
0
7. On page 60037, in the second column, the fourth line of the third
full paragraph is corrected to read ``to display the prevailing wage
rates ``.
0
8. On page 60038, in the first column, fifth line from the bottom of
the first full paragraph is corrected to read ``prevailing wage and
apprenticeship''.
0
9. On page 60040, in the first column, in the ``Authority:'' paragraph,
the third line is corrected to read ``U.S.C. 30C.''.
Sec. 1.45-7 [Corrected]
0
10. On page 60043, in the first column, the first line of paragraph
(b)(7)(iv), is corrected to read ``construction, alteration, or repair
work''.
0
11. On page 60046, in the first column, the second line from the bottom
of paragraph (c)(6)(iii)(C) is corrected to read ``filing the tax
return claiming the''.
0
12. On page 60046, in the second column, the sixth line from the bottom
of paragraph (c)(6)(iii)(D), is corrected to read ``filing the tax
return claiming the''.
Sec. 1.45-8 [Corrected]
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13. On page 60047, in the third column, the third line from the bottom
of paragraph (c)(2), is corrected to read ``apprentice-to-journeyworker
ratio of the''.
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14. On page 60049, in the first column, tenth line from the bottom of
paragraph (e)(2)(ii)(F), is corrected to read ``apprentices that were
denied for the 120-''.
Sec. 1.45-12 [Corrected]
0
15. On page 60051, in the third column, the second occurrence of
paragraph (c)(3) through paragraph (c)(8) is redesignated as paragraphs
as (c)(4) through (9).
0
16. On page 60051, in the third column, the third line from the bottom
of newly redesignated paragraph (c)(8) is corrected to read
``apprentice-to-journeyworker ratios''.
0
17. On page 60052, in the first column, the first line of paragraph (d)
introductory text is corrected to read ``employed by the taxpayer,
contractor,''.
Sec. 1.48-13 [Corrected]
0
18. On page 60053, in the third column, the second line from the bottom
of paragraph (c)(1) is corrected to read ``requirements of section
48(a)(10)(A)(ii) at the time such project is''.
Oluwafunmilayo A. Taylor,
Section Chief, Publications and Regulations, Associate Chief Counsel,
(Procedure and Administration).
[FR Doc. 2023-23616 Filed 10-26-23; 8:45 am]
BILLING CODE 4830-01-P
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