Excise taxes: Correction,

[Federal Register: March 25, 1999 (Volume 64, Number 57)]

[Rules and Regulations]

[Page 14382]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr25mr99-4]

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 54

[TD 8812]

RIN 1545-A193

Continuation Coverage Requirements Applicable to Group Health Plans; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

SUMMARY: This document contains corrections to Treasury Decision 8812, which was published in the Federal Register on Wednesday, February 3, 1999, (64 FR 5160) relating to continuation coverage requirements applicable to group health plans.

DATES: This correction is effective February 3, 1999.

FOR FURTHER INFORMATION CONTACT: Yurlinda Mathis at (202) 622-4695 (not a toll-free call).

SUPPLEMENTARY INFORMATION:

Background

The final regulations that are subject to these corrections are under section 4980B of the Internal Revenue Code.

Need for Correction

As published, TD 8812 contains errors which may prove to be misleading and are in need of clarification.

Correction of Publication

Accordingly, the publication of the final regulations (TD 8812), which were the subject of FR Doc. 99-1520, is corrected as follows:

1. On page 5166, column 2, in the preamble under the heading, ``COBRA Continuation Coverage'', first full paragraph, line 4 from the bottom of paragraph, the language ``offer for core coverage separately.'' is corrected to read ``offer core coverage separately.''.

2. On page 5170, column 1, in the preamble under the heading, ``Paying for COBRA Continuation Coverage'', last paragraph in the column, line 14, the language ``beginning. Therefore, the final'' is corrected to read ``beginning of the period. Therefore, the final''.

   Sec. 54.4980B-1 [Corrected]

3. On page 5174, column 1, Sec. 54.4980B-1, paragraph (b), line 7 from bottom of paragraph, the language ``rules in Secs. 54.4980B-1 though'' is corrected to read ``rules in Secs. 54.4980B-1 through''. Michael Slaughter, Acting Chief, Regulations Unit, Assistant Chief Counsel (Corporate).

   [FR Doc. 99-7340Filed3-24-99; 8:45 am]

   BILLING CODE 4830-01-U