[Federal Register Volume 76, Number 129 (Wednesday, July 6, 2011)]
[Proposed Rules]
[Page 39341]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-16824]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-114206-11]
RIN 1545-BK21


Encouraging New Markets Tax Credit Non-Real Estate Investments; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to advance notice of proposed rulemaking.

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SUMMARY: This document contains a correction to advance notice of 
proposed rulemaking (REG-114206-11) that was published in the Federal 
Register on Tuesday, June 7, 2011 (76 FR 32880). This document invites 
comments from the public on how the new markets tax credit program may 
be amended to encourage non-real estate investments.

FOR FURTHER INFORMATION CONTACT: Julie Hanlon-Bolton, (202) 622-3040 
(not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The correction notice that is the subject of this document is under 
section 45D of the Internal Revenue Code.

Need for Correction

    As published, the advance notice of proposed rulemaking (REG-
114206-11) contains an error that may prove to be misleading and is in 
need of clarification.

Correction of Publication

    Accordingly, the publication of advance notice of proposed 
rulemaking (REG-114206-11), which was the subject of FR Doc. 2011-
13981, is corrected as follows:
    On page 32881, column 2, in the preamble, under the paragraph 
heading ``Background'', second paragraph of the column, fourth line, 
the language ``nonprofit corporation) or partnership if'' is corrected 
to read ``nonprofit corporation) or partnership, if''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-16824 Filed 7-5-11; 8:45 am]
BILLING CODE 4830-01-P