Taxes on Taxable Distributions From Donor Advised Funds Under Section 4966; Hearing
| Published date | 29 February 2024 |
| Record Number | 2024-04262 |
| Citation | 89 FR 14792 |
| Court | Internal Revenue Service |
| Section | Proposed rules |
Federal Register, Volume 89 Issue 41 (Thursday, February 29, 2024)
[Federal Register Volume 89, Number 41 (Thursday, February 29, 2024)]
[Proposed Rules]
[Page 14792]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04262]
[[Page 14792]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 53
[REG-142338-07]
RIN 1545-BI33
Taxes on Taxable Distributions From Donor Advised Funds Under
Section 4966; Hearing
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of proposed rulemaking; notice of hearing.
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SUMMARY: This document provides a notice of public hearing on proposed
regulations regarding excise taxes on taxable distributions made by a
sponsoring organization from a donor advised fund (DAF), and on the
agreement of certain fund managers to the making of such distributions.
DATES: The public hearing on these proposed regulations has been
scheduled for May 6, 2024, at 10 a.m. ET. The IRS must receive
speakers' outlines of the topics to be discussed at the public hearing
by April 5, 2024. If no outlines are received by April 5, 2024, the
public hearing will be cancelled.
ADDRESSES: The public hearing is being held in the Auditorium, at the
Internal Revenue Service Building, 1111 Constitution Avenue NW,
Washington, DC. Due to security procedures, visitors must enter at the
Constitution Avenue entrance. In addition, all visitors must present a
valid photo identification to enter the building. Because of access
restrictions, visitors will not be admitted beyond the immediate
entrance area more than 30 minutes before the hearing starts.
Participants may alternatively attend the public hearing by telephone.
Send Submissions to CC:PA:01:PR (REG-142338-07), Room 5205,
Internal Revenue Service, P.O. Box 7604, Ben Franklin Station,
Washington, DC 20044. Submissions may be hand delivered Monday through
Friday to CC:PA:01:PR (REG-142338-07), Couriers Desk, Internal Revenue
Service, 1111 Constitution Avenue NW, Washington, DC 20224 or sent
electronically via the Federal eRulemaking Portal at
www.regulations.gov (IRS REG-142338-07).
FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations,
Christopher A. Hyde, (202) 317-5800 (not a toll-free number);
concerning submissions of requests to testify, the hearing and/or to be
placed on the building access list to attend the public hearing, call
Vivian Hayes (202) 317-6901 (not a toll-free number) or by email to
[email protected] (preferred).
SUPPLEMENTARY INFORMATION: The subject of the public hearing is the
notice of proposed rulemaking (REG-142338-07) that was published in the
Federal Register on Tuesday, November 14, 2023 (88 FR 77922).
The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who
wish to present oral comments at the hearing must submit an outline of
the topics to be discussed and the time to be devoted to each topic by
April 55, 2024.
A period of 10 minutes will be allotted to each person for making
comments. An agenda showing the scheduling of the speakers will be
prepared after the deadline for receiving outlines has passed. Copies
of the agenda will be available free of charge at the hearing and via
the Federal eRulemaking Portal (www.Regulations.gov) under the title of
Supporting & Related Material. If no outline of the topics to be
discussed at the hearing is received by April 5, 2024, the public
hearing will be cancelled. If the public hearing is cancelled, a notice
of cancellation of the public hearing will be published in the Federal
Register.
Individuals who want to testify in person at the public hearing
must send an email to [email protected] to have your name added to
the building access list. The subject line of the email must contain
the regulation number REG-142338-07 and the language TESTIFY In Person.
For example, the subject line may say: Request to TESTIFY In Person at
Hearing for REG-142338-07.
Individuals who want to testify by telephone at the public hearing
must send an email to [email protected] to receive the telephone
number and access code for the hearing. The subject line of the email
must contain the regulation number REG-142338-07 and the language
TESTIFY Telephonically. For example, the subject line may say: Request
to TESTIFY Telephonically at Hearing for REG-142338-07.
Individuals who want to attend the public hearing in person without
testifying must also send an email to [email protected] to have
your name added to the building access list. The subject line of the
email must contain the regulation number REG-142338-07 and the language
ATTEND In Person. For example, the subject line may say: Request to
ATTEND Hearing In Person for REG-142338-07. Requests to attend the
public hearing must be received by 5:00 p.m. ET by May 1, 2024.
Individuals who want to attend the public hearing by telephone
without testifying must also send an email to [email protected] to
receive the telephone number and access code for the hearing. The
subject line of the email must contain the regulation number REG-
142338-07 and the language ATTEND Hearing Telephonically. For example,
the subject line may say: Request to ATTEND Hearing Telephonically for
REG-142338-07. Requests to attend the public hearing must be received
by 5 p.m. ET by May 1, 2024.
Hearings will be made accessible to people with disabilities. To
request special assistance during a hearing please contact the
Publications and Regulations Section of the Office of Associate Chief
Counsel (Procedure and Administration) by sending an email to
[email protected] (preferred) or by telephone at (202) 317-6901
(not a toll-free number) by April 30, 2024.
Any questions regarding speaking at or attending a public hearing
may also be emailed to [email protected].
Oluwafunmilayo A. Taylor,
Section Chief, Publications and Regulations Section, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. 2024-04262 Filed 2-28-24; 8:45 am]
BILLING CODE 4830-01-P
