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Federal Register, Volume 40, Issues 73-84
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17588 – 17592
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tax imposed for the taxable year under section 1333 (relating to war loss recoveries) or under section 1351 (relating to recoverles of foreign expropriation losses), or against the personal holding company tax imposed by section 541.
– – – *
[Sec. 901 as amended by sec. 3 (a) and (b), Act of Sept. 14, 1960 (Public Law 86–780, 74 Stat. 1013); secs. 9 (d) (3) and 12(b) (1), Rev. Act 1962 (76 Stat. 1001, 1031); sec. 207 (b) (7), Rev. Act 1964 (78 Stat. 42); sec. 1 (c) (2), Act of April 8, 1966 (Public Law 89-384, 80 Stat. 102); sec. 106(a) (4) and (5) and (b) (1) and (2), Foreign Investors Tax Act of 1966 (80 Stat. 1569); secs, 301 (b) (9) and 506(a): (1) and (2), Tax Reform Act of 1969 (83 Stat. 585, 634); secs. 2001 (g)(2)(C), 2002(g) (3), and 2005(c) (5), Employee* Retirement Income Security Act of 1974 (88 Stat. 957,968, and 991) )
PAR. 15. Section 1.901–1 is amended by
revising paragraph (f) to read as follows:
§ 1.901–1 Allowance of credit for taxes.
– – – –
(f) Taa’es against which credit not allowed.—The credit for taxes shall be allowed only against the tax imposed by chapter 1 of the Code, but it shah not be allowed against the following taxes imposed under that chapter: (1) The minimum tax for tax preferences imposed by section 56; (2) The 10 percent tax on premature distributions to owner-employees imposed by section 72(m) (5) (B) ; (3) The tax on lump sum distributions imposed by section 402(e); (4) The additional tax on income from Certain retirement accounts imposed by section 408 (f); (5) The tax on accumulated earnings imposed by section 531; (6) The personal holding company tax imposed by section 541; (7) The additional tax relating to War loss recoveries imposed by section 1333; and (8) The additional tax relating to recoveries of foreign expropriation losses imposed by section 1351.
– – – –
Pań. 14. Section 1.1379 is amended by revising section 1379(b) (1) and the historical note. These amended provisions read as follows:
§ 1.1379 Statutory provisions; certain qualified pension, etc., plans.
SEc. 1379 certain qualified penston, etc. plans. * * *
(b) Tarability of shareholder-employee beneficiaries—(1) Inclusion of etcess contributions in gross income. Notwithstanding the provisions of section 402 (relating to taxability of beneficiary of employees’ trusts), section 403 (relating to taxation of employee annuities), or section 405(d) (relating to taxability of beneficiaries under qualified bond purchase plans), an individual who is a shareholder-employee of an electing small business corporation shall include in gross income, for his taxable year in which or with which the taxable year of the corporation ends, the excess of the amount of contributions paid on his behalf which is deductible under section 404(a) (1), (2), or (3) by the corporation for its taxable year over the lesser of
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Notice is hereby given that the regula-
tions set forth in tentative form in the
attached appendix are proposed to be
prescribed by the Commissioner of Inter-
nal Revenue, with the approval of the
Secretary of the Treasury or his dele-
gate. Prior to the final adoption of such
regulations, consideration will be given
to any comments pertaining thereto
which are submitted in writing (prefer-
ably six copies) to the Commissioner of
Internal Revenue, Attention: CC:LR;T,
Washington, D.C. 20224, by May 22, 1975.
Pursuant to 26 CFR 601.601 (b), designa-
tions of material as confidential or not to
be disclosed, contained him such com-
ments, will not be accepted. Thus, a per-
son submitting written comments should
not include therein material that he con-
siders to be confidential or inappropriate
for disclosure to the public. It will be
presumed by the Internal Revenue Serv-
ice that every written comment submit-
ted to it in response to this notice of
proposed rule making is intended by the
person submitting it to be subject in its
entirety to public inspection and copying
in accordance with the procedures of 26
CFR 601.702(d) (9). Any person submit-
ting written comments who desires an
opportunity to comment orally at a pub-
lic hearing on these proposed regula-
tions should submit his request, in writ-
ing, to the Commissioner by May 22,
1975. In such case, a public hearing will
be held, and notice of the time, place,
and date will be published in a subse-
quent issue of the FEDERAL REGISTER, un-
less the person or persons who have re-
quested a hearing withdraw their re-
quests for a hearing before notice of the
hearing has been filed with the Office of
the Federal Register. The proposed regu-
lations are to be issued under the author-
ity contained in section 7805 of the In-
ternal Revenue Code of 1954.
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subchapter S election. Of course, o: special rules apply only with respo o taxable years for which an election has been made.
Proposed amendments to the “. tions—In order to conform the In” Tax Regulations (26 CFR Part 1) un” section 1372(e) (5) of the Internal * enue code of 1954 to the Act of * ary 12, 1971 (Pub. Law 91—683, 84 Stat. 2067), such regulations are amended ” follows:
Paragrari, 1. section 11372 same” by revising subsection (e) (5)(C) ** tion 1372 and the historical note. These
* * relates to the termination of revised provisions read as follows:
to $. an election by a small business corvora lo tion under section 1372. Paragraph (5) . ris of section 1372(e) provides generally for o termination of the election if, for any o-s, taxable year for which the election is in or: effect, the corporation has gross receipts or more than 20 percent of which is passive * -o investment income (as defined in para- *. graph (5) (C) of section 1372(e)). The o Act amended paragraph (5)(C) of set- o tion 1372(e) to exclude from the defini- ||… tion of passive investment income logo amounts which are treated undersection : * * 331 of the Code (relating to corporate *** * liquidations) as payments in exchange Jo, for stock where the electing small bus: o ness corporation owned more than 50 o percent of each class of the stock of the o liquidating corporation. — rol The amendment to paragraph (5) (c) ste § is effective for taxable years of electing ots: small business corporations ending after January 12, 1971 (the date of enactment | *, of the Act). The amendment is also lon. effective ior taxable years ending before loss. october 7, 1970, but only (1) if the mak- or 5: ing of a refund or the allowance of * * credit is not barred on that date by * * * * law or rule of law, and (2) is within one ““” year after January 12, 1971, the to o: ration elects to have the amendmen op ‘so ply and all persons who were share of holders at any time during the period of beginning with the first taxable.” to . . which the amendment applies and ending o: on or before January 12, 1971, consent oria to this election and to the applica” to of the amendment. The amendment o not effective for taxable years of Corp. o., tions ending between October 7, 19” “. and January 12, 1971, inclusive. !’ . The Act provided special rules for tW0 o situations to prevent the denial of sub- * chapters status to a corporation where os. its election under section 1372(a) would have terminated because of the po o investment income limitation (befoo. o: ** amendment made by this Act). : o: subopter s status is not to be do so because the passive investment income s 3. inition caused a corporation too o income tax return on a Form 1120 stor. porate tax return) instead of a Foo so 1120s (subchapters corporation to… so turn) for any year beginning boo. January 12, 1971. Second: subchapters so joisonot to be denied because o ‘o passive investment income limit” & caused a new shareholder of the corpo. S tion not to me a timely consent to.”
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§ 1.1372 Statutory provisions; election The term “gross receipts” means the
by small business corporation. total amount received or accrued under
Sec. 1872. Election by small business cor- the method of accounting used by the
poration. * * * Corporation in computing its taxable in-
(e) Termination. * * * come. Thus, the total amount of receipts
(5) Passive investment income. * * * is not reduced by returns and allowances,
o †.F.T.§:…” o:*::::::: cost, or deductions. For example, gross
gross receipts derived from royalties, rents, :::::: Will .o the total amount
dividends, interest, annulties, and sales or ly or accrue uring the corpora-
exchanges of stock or securities (gross re- ton’s taxable year from the sale or ex-
ceipts from such sales or exchanges being change (including a sale or exchange to
taken into account for purposes of this para- which section 337 applies) of any kind
graph only to the extent of gains there- of property, from investments, and for
: 3. . . *…* sales or services rendered by the corporation.
exchanges of s or securities for purposes –
of this paragraph shall not include H. However, gross receipts does not include
of oi…”… .”… o. amounts received in nontaxable
poration which are treated under section Sales or exchanges (other than those to
#31 (relating to corporate iiquidations) as which section 337 applies), except to the
payments in exchange for stock where the extent that gain is recognized by the
electing small business corporation owned Corporation, (2) amounts received as a
more than 50 percent of each class of the loan, as a repayment of a loan, as a con-
stock of the liquidating corporation. tribution to capital, or on the issuance
– – – – – by the corporation of its own stock, or
[Sec. 1372 as added by sec. 64(a), Technical (3) certain amounts which are treated
Amendments Act 1958 . (72 Stat. 1650); under section 331 (relating to corporate
*oyo.3, Ao of May 4, 1961 (Pub. liquidations) as payments in exchange
**.*.*.*, *, *,2(b) (2) and for stock (see subdivision .i) of to
8(a), Act of Apr. 14, 1966 (Pub. Law 89-389, b
so stat. iii); so its). Act of jo”1% of subparagraph).
(Pub. Law 91-683, 84 Stat. 2067) | – – – – –
PAR. 2. Paragraph (b) of $ 1.1372–4 is , (x) Gross receipts from the sale of
Amended by revising so much of sub- stock or securities. For purposes of sec-
paragraph (1) as precedes subdivision tion 1372(e) (5), gross receipts from the
(i) thereof, by revising subdivisions Sales or exchanges of stock or securities
(iv) (a) and (x) of subparagraph (5), * taken into account only to the ex-
and by adding a new subdivision (xi) tent of gains therefrom. Thus, the gross
immediately after subdivision (x) of sub- receipts from the sale of a particular
paragraph (5). These revised and added share of stock will be the excess of the
provisions read as follows: amount realized over the adjusted basis
– – of such share. If the adjusted basis § 1.1372–4 Termination of election. should equal or exceed the amount real- – – – – ized on the sale or exchange of a certain (b) Methods of termination—(1) Fail- share of stock, bond, etc., there would tre of new shareholder to consent. An be no gross receipts resulting from the election under section 1372(a) shall ter- sale of such security. Losses on sales or minate if any person who was not a exchanges of stock or securities do not shareholder on the first day of the first offset gains on the sales or exchanges taxable year for which the election is of other stock or securities for purposes effective, or on the day on which the elec- of computing gross receipts from such tion is made (if such day is later than sales or exchanges. Gross receipts from the first day of the taxable year), be- the sale or exchange of stock and secuComes a shareholder and does not con- rities include gains received from such Bent to the election under section 1372(a) sales or exchanges by a corporation even Within the time prescribed by paragraph though , such corporation is a regular (b) of $ 1.1372–3. However, see paragraph dealer in stocks and securities. How(c) of $1.1372–3 for extension of time ever, gross receipts do not include cerfor filing consents in general, and sub- tain amounts which are treated under paragraph (5) (iii) (e) and (xi) (c) of section 331 (relating to corporate liqui
this paragraph for exceptions under cer- dations) as payments in exchange for
tain circumstances. In addition, an elec- stock (see subdivision (xi) of this sub-
hon which would not have terminated paragraph). For the meaning of the
except for the failure of any new share- term “stock or securities”, see paragraph
holder to file a timely consent or except (b) (5) (i) of $ 1.543–1.
for the fact that the consent of any such (xi) Amounts which are treated under
new shareholder was defective in any section 331 as payments in exchange for
“anner is not terminated if– stock—(a) In general. (1) For pur-
– – – – * poses of section 1372(e) (5), gross re-
(5) Passive i – – – ceipts derived from sales or exchanges
(iy) d&sive intestment income. of stock or securities shall not include
..” Gross receipts. (a) The term amounts received by an electing small
. receipts” as used in section 1372(e) business corporation which are treated
;: Synonymous with “gross income”, under section 331 (relating to corporate
§: * under section 1372(e) (4) and juidations) as payments in exchange
shall be made on the basis of total for stock where the electing small busi-
o: Toepts, except that, for purposes ness corporation was, on the date of the
Section 1372(e) (5), gross receipts first distribution or transfer of such
o *om the sales or exchanges of stock or amounts to the small business corpora*urities shall be taken into account tion with respect to such liquidation, the only to the extent of gains therefrom. owner of more than 50 percent of each
class of the stock of the liquidating corporation. For purposes of this subdivision, the 50-percent requirement shall apply with respect to a class of stock whether or not the class of stock has voting rights. Shares of stock of the liquidating corporation held by a shareholder of the electing small business corporation shall not be attributed to the electing corporation.
(2) The provisions of (a)(1) of this subdivision shall apply to—
(i) taxable years of the corporation ending after January 12, 1971, and
(ii) any taxable year of the corporation ending before October 7, 1970, with respect to which an election is made under (b) (2) of this subdivision to apply the rules of (a) (1) of this subdivision, provided that the requirements of (b) (and (c) if applicable) of this subdivision are satisfied,
The provisions of (a) (1) of this subdivision shall not apply to taxable years of corporations ending between October 7, 1970, and January 12, 1971, inclusive. (b) Tarable years ending before October 7, 1970. The provisions of (a)(1) of this subdivision shall apply with respect to any taxable year of an electing small business corporation ending before October 7, 1970, if– (1) On October 7, 1970, the making of a refund or the allowance of a credit to the corporation is not prevented by any law or rule of law, and (2) On or before January 12, 1972, the corporation elects to have the provisions of (a) (1) of this subdivision apply, and all persons (or their personal representatives) who were shareholders of such corporation at any time during any taxable year beginning with the first taxable year to which this (b) of this subdivision applies and ending on or before January 12, 1971, consent to such election and to the application of the provisions of (a)(1) of this subdivision,
If the assessment of any deficiency in income tax resulting from an election under (b) (2) of this subdivision for a taxable year ending before the date of the election is prevented before the expiration of one year after the date of the election by any law or rule of law, the deficiency may be assessed at any time prior to the expiration of such one-year period notwithstanding any law or rule of law which would otherwise prevent the assessment. The deficiency assessment is not to be barred by any statute of limitations, even if the period of limitations has expired at the time the election is made, or by a prior court decision as to the taxpayers’ income tax liability for that year, or by a prior binding agreement entered into for that year between the taxpayer and the Internal Revenue Service. If, but for the application of this (b) of this subdivision, such deficiency year would have been closed, then the deficiency may not exceed the amount attributable to an election under this subdivision. (c) Special rules. An election by a corporation under section 1372(a) shall not be treated as terminated for any taxable 17590poses to make changes in the following Construction contract forms:
year of the corporation beginning before
January 12, 1971, merely because such
corporation filed its income tax return
on a Form 1120 instead of Form 1120S,
or because a new shareholder failed to
file a timely consent under section 1372
(e) (1), if the corporation’s election
under section 1372(a) would have been
treated as terminated for such taxable
year because of the application of sec-
tion 1372(e) (5), as in effect prior to
January 12, 1971, but for an election
made by the corporation under (b)(2)
of this subdivision to have the provisions
of (a) (1) of this subdivision apply.
(d) Election and consents are binding,
The election and consents under this
subdivision are binding and may not be
Teyoked.
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The Fish and Wildlife Service has evidence that the following species of fauna are endangered species and threatened species as defined by the Endangered Species Act of 1973 (16 U.S.C. 1531–1543; 87 Stat. 884) : Scioto madtom (Nortwrits trautmani) ; United States population of the American crocodile (Crocodylus acutus); Mexican wolf (Camis lupus baileyi); Cedros Island mule deer (Odocoileus hemionus cerrosensis) ; peninsular pronghorn antelope (Antilocapra americana peninsularis) : Hawaii creeper (Lorops maculata 17tana); po’o uli (Melam prosops phaeosoma); Newell’s Manx shearwater (Puffinus puffinus newelli) ; Bayou darter (Etheostoma rubrum); and gray bat (Myotis grisescens). Section 4 (a) of the Endangered Specles Act of 1973 states that the Secretary of the Interior or the Secretary of Commerce may determine a species to be an endangered species, or a threatened Species, because of any of five factors. These factors, and their application to the Scioto madtom, American crocodile, Mexican wolf. Cedros Island mule deer, peninsular pronghorn antelope, Hawaii Creeper, po’o uli, Newell’s Manx shearwater, Bayou darter, and gray bat are as follows: 1. THE PRESENT or THREATENED DESTRUCTION, MoorfrcATION, or CURTAILMENT OF ITS HABITAT or RANGE Scioto madtom. This fish is known only from one locality in the lower portion of Big Darby Creek, tributary to the Scioto River. Pickaway County, Ohio. In Big Darby Creek the species has been taken in a rifle area with moderate to fast current, where the bottom consists of gravel, sand, silt, and boulders. The Scioto madtom is endangered because of the pollution and siltation of its habitat, and by
PROPOSED RULES
two proposed impoundments on Big
Darby Creek.
American crocodile. This reptile once
was a common species in southern Flor-
ida, and is known to have bred as far
north as Lake Worth. There also are
scattered records suggesting its occa-
sional presence considerably farther to
the north, both on the Atlantic and Gulf
Coasts. By the early Twentieth Century
the crocodile still was common through-
out, Biscayne Bay, as well as along the
shores of Florida Bay and in the Florida
Keys. –
Subsequently, intensive human de-
velopment of southern Florida elimi-
nated much habitat and also led to ex-
cessive killing by man. In the 1950’s there
still was significant nesting on Key Largo
and on islands to the south of Florida
Bay, but human pressure has eliminated
most of this activity. The last suitable
areas on Key Largo are rapidly being
destroyed by commercial development.
At present there are thought to be only
about 10 to 20 breeding females in Flor-
ida, with most of these concentrated
along the northeast shore of Florida Bay.
Meacican wolf. This species formerly
was common in Arizona, New Mexico,
southwestern Texas, and much of Mex-
ico. In the Twentieth Century this wolf
declined substantially in numbers and
distribution, because of habitat loss and
killing by man. A recent survey per-
formed under contract with the Fish and
Wildlife Service indicated that there
now are not more than 200 wolves in
Mexico. These animals exist in widely
scattered packs which remain subject to
intensive human pressure. In the United
States, the Mexican wolf now occurs
only as a rare wanderer, and there have
been few reports of its presence since
1960. –
Cedros Island mule deer. This deer is
known only from Cedros Island off the
western coast of Baja California. Cur-
rently only a few, perhaps less than a
dozen, are thought to survive in restricted
sections of the island.
Peninsular pronghorn antelope. This
animal once inhabited most of Baja
California, but has been greatly reduced
in range, and currently only two or three
small remnant groups survive.
Hawaii creeper. This bird was endemic
to the island of Hawaii, and reportedly
was common through the 1890’s. Subse-
quent habitat alteration, and other fac-
tors, restricted it primarily to a small
area of forest between 5,000 and 6,000
feet elevation, where it is rare and vul-
nerable to further environmental dis-
ruption.
Po’o tuli. This species of bird was dis-
covered only in 1973 and is restricted to
a small area of forest on the northeast-
ern slope of Haleakala volcano on the
island of Maui. Its past history is un-
known, but presumably its decline was
caused in part by habitat alteration.
Newell’s Mant shearwater. This bird
probably once bred on all of the main
Hawaiian islands, but now is known to
breed only on a very restricted part of
Kauai. Nonetheless, it is thought to num-
ber in the low thousands, and does not
w
appear in immediate danger of extint- §:::”
tion. #x (
Bayou darter. This fish is known only | 2: .
from Bayou Plerre drainage, a small of 0
river tributary to the Mississippi River of it
in west Mississippi. In Bayou Pierre the *::it: ;
Bayou darter inhabits most clean, silt- &
free gravel rifle areas in the lower por- |**
tion of Turkey, White Oak and Fosters loco
creeks and the main channel from Dent- o
ville downstream nearly to Port Gibson, I of it
Mississippi. In recent years gravel-pit loo
operations and poor agricultural prac- |***
tices have adversely altered the habitat l”
resulting in a reduction in the population ; :
of Bayou darters. The Soil Conservation ** **
Service has proposed a watershed project *:::::
which would result in further degrada- loo.
tion of the habitat of the Bayou darter, 1.
The proposed project would adversely loo
alter the water chemistry and contribute o
an additional sit load to the stream lo
This project would pose a serious threat oto:
to continued existence of the Bayou loo
darter. o
Gray bat. This species of bat occupies o:
certain kinds of caves in southeastern o
and south-central United States, which .
are required for roosting, breeding, and o
hibernating activities. Perhaps no other lo.
bat is more dependent upon caves for to o * *
existenee, and it is the only bat in the o –
eastern United States that normally to . &
quires eaves in summer as well as in o
winter. Moreover, this species appare.
can utilize only those caves having o
specific temperature levels. Wintering . t
caves are in short supply: approxim. …
65 percent of the entire known popul: o, .
tion of the species hibernates in a sing” *
cave, and about 90–95 percent of the o
population is restricted to only 5 caves, §§§
over the past 20 years about five other oss
major wintering caves have been do so.
stroyed. The recent reduction in mum- o
bers of summer colonies also is alarmo so
with several major groups of bats.” o:
when their caves were commercial. …,
vandalized, or flooded. A number of to so
remaining winter and summer aggreg o So,
tions are in immediate jeopardy duo ” …
the habitat loss. *
2. OvoRUTILIZATION FOR Cowys.
Sport.ING, SCIENTIFIC, on EDUCATIONAL o
PURPOSEs &
Scioto madtom. Not applica” … .
American crocodile. Poachingto: * o
and eggs still sometimes occo. o,
crocodiles olo. * shot o
“sport” from passing boats. ht o
‘. erican upois. Sport hunting is though. –
– l’s to “…to the decline of * species. IlCedros Island mule deer. E. ing has been an important :g com” decline of this deer; illegal Po”
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may be commercialized in the near fu
ture.
3. DISEASE or PREDATION
Scioto madtom. Not applicable.
American crocodile. Raccoons prey heavily on the eggs and young of crocodiles, and probably destroy the great majority of the annual increment. RacCoon numbers are thought to have increased considerably after man largely eliminated natural predators, including
the crocodiles themselves. Merican wolf. Not applicable. Cedros Island mule deer. Predation by feral dogs is thought to have been a major factor in the decline of this deer. Peninsular pronghorn antelope. These factors are not known to be applicable. Hawaii creeper. This bird is thought to have declined through transmission of avian diseases by the introduced mosquito Culer pipiens quinquefasciatus, and predation by rats. Po’o uli. The history of this species is unknown, but it probably declined beCause of the same factors that affected the Hawaii creeper. Newell’s Mana shearwater. Predation by introduced species such as mongooses, dogs, pigs, and rats may have exterminated this species from most of its rainge. Bayou darter. Not applicable, Gray bat. These factors (other than predation by man) are not known to have been major causes in the decline of the gray bat. Natural predation and disease could become more significant as mortally factors, however, as its numbers are reduced and its range becomes, more o due to other human-induced Ctors,
4. THE INADEQUAcy of Existing
REGULATORY MECHANISM’s
Scioto madtom. Not applicable.
American crocodile. Although crocodiles are protected by State law, and by Federal law in Evergiades National Park where most of the population occurs, enforcement is difficult. Most nest sites and adult crocodiles are found in exposed *reas that cannot be constantly guarded in the face of increasing human presonce. Furthermore, present regulations do not restrict the destruction of habitat Outside the Park.
Merican wolf. This species is protected by national law in Mexico but enforcement is difficult and many wolves are thought to be killed illegally. The wolf oprotected by regulation in Arizona, but receives no legal protection in New Mexcoor Texas.
Cedros Island mule deer. Although it is Illegal to hunt this deer, poaching
– Continues.
Scioto madtom. Not applicable,
American crocodile. The possibility of a hurricane or other major natural disaster is a real threat to such a small, isolated population. The restriction of the flow of fresh water to the Everglades, because of increasing human developments in southern Florida, may affect the crocodiles as well as the entire ecosystems of the area. It is known that the young crocodiles swim up streams and depend for a period on water with low salt content.
Merican wolf. Not applicable.
Cedros Island mule deer. Not applicable.
Peninsular pronghorn antelope, Competition with domestic livestock for forage has been a factor in the decline.
Hawaii creeper, Competition with introduced birds probably contributed to the decline of this native species. Po’o uli. This species also may have been affected by competition with nonnative birds. Newell’s Manr shearwater. Attraction to lights causes considerable mortality from collisions with gars and lighted towers. Bayou darter. Not applicable. Gray bat. Available evidence suggests that entire breeding populations of the gray bat may disappear suddenly when numbers fall below a certain critical level. Therefore, even though several large colonies still may be in existence, the species is vulnerable and in danger of extinction if losses in numbers Continue. Notice is hereby given, pursuant to the authority contained in the Endangered Species Act of 1973 (16 U.S.C. 1531-43; 87 Stat. 884), that the Secretary of the Interior proposes to list the following Species as endangered and threatened, by making the following amendments: 1. Amend $ 17.12 Endangered native wildlife to add the following table:
Common name Scientific name Range Portion of ranga where endangered Scioto madtom—— Noturus trautmani—————– — Big Darby Creek, Ohlo————- #. range. ri
American crocodile– Crocodylus actuus—————— —
Mexican wolf ——– Cants lupus baileyt- …’———-
Fo Indies, Central Amer-
ica, South America.
– Mexico, Southwest United States—- Rao range. o,
, Cedros Island mule Odocoiletia hemionus cerrosensis—— Cedros Island, Mexico.—————
deer
Peninsular prong- Antilocapra americana penninsularis. Baja California—————-…–> Do.
horn antelope.
Hawaii creeper——- Lorops maculata mana Island of Hawait — —> Do.
Po’o ull————– Melash prosops phaeogona———— Island of Maul———————- Do.
Bayou darter——– Etheostoma rubrum —————- – o Pierre Drainage in Missis- Do.
ppl.
Southeastern and Southcentral Do;
United States.
2. Amend $ 17.32 by adding the following:
Portion of
Common Game Scientific name Range range where
threatened
(a) Mammals: – – – – – – * * *
(b) Birds:
(1) Newell’s Puffinus puffinus newell?———— Hawaiian Islands. —————-:- Entire range,
Manx
Shear-
water.
(1) All prohibitions Hsted in section 9(a)(1) of the Endangered Species Act of 1973 (16 U.8.C. 1531–1543) shall apply
to the Newell’s Manx shearwater.
Supporting data for the above state-
ments and proposals are on file with the
Fish and Wildlife Service, Washington,
D.C. The Governors of the States of Ari-
zona, Florida, New Mexico, Hawaii, Mis-
sissippi, Ohio, and Texas have been noti-
fied with respect to this proposed
rulemaking and requested to submit Com-
ments and recommendations. The Fish
and Wildlife Service is also consulting
with the Government of Mexico. All in-
terested persons are invited to submit
written comments, suggestions, objec-
tions, and factual information concern-
ing this proposal to the “Director (FWS/
LE), U.S. Fish and Wildlife Service, U.S.
Department of the Interior, Washington,
D.C. 20240.” All comments received on or
before July 21, 1975 will be considered.
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REA Form 200, Construction Contract—Generating.
REA Form 201, Right-of-way Clearing Contract.
RFA Form 203, Transmission System Right-
of-Way Clearing Contract.
REA Form 764, Substation and Switching
Station Erection Contract.
REA Form 830, Electric System Construction
Contract.
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posed rules and suggested revisions. These
areas were reviewed and where possible
the suggestions were incorporated. Two o
commenters indicated that tank size –
construction AND EQUIPMENT OF
TANK WESSELS
Proposed Amendments to Tank Wessel
*::::::” Regulations should be the deciding factor for requir- o REA Form 831, Electric Transmission Con- ing inerting systems rather than the * …, struction Contract. so United . o ‘. . “. deadweight ton minimums as proposed by o sidering amending Subchapter D, es IMCO Resolution A.271 (VIII). These *** #. … o above o Coo” and Regulations for Tank Vessels. The comments were seriously considered; o . o it. f proposed to o the on require the upgrading however, the ok on isomoi lo interest rate of seven percent (7%) per of structural fire protection require- data concerning this proposal prohibited o annum shown in Article III of the Con- – – – – one. * ments for certain ships, installing inert- its adoption. tractor’s Proposal charged on all unpaid ing systems for ships above specified -oils amounts due the Contractor which the
Owner has not paid within the due date.
The new interest rate is proposed to be
one percent (1%) per annum below the
published prime rate at Chase Manhat-
tan Bank in New York, but in no event
greater than that allowed by any Federal
or state laws. The interest rate will be de-
termined as of the first date interest
becomes due.
In REA Form 200 only, it is also pro-
posed to change Article IV, Section 1.6,
“Protection to Persons and Property”,
limits, and increasing the capability of
the foam systems of tank ships.
In the September 5, 1974, issue of the
FEDERAL REGISTER (39 FR 32.147), an ad-
vance notice of proposed rulemaking
was published concerning an outline of
the changes proposed by this notice. The
advance notice was published to provide
timely notice of the impending changes
to the regulations for tank vessels. Eight
comments were received by November 1,
1974. The following is a summary of the
Discussion: The proposed amendments to the regulations can be divided into o: the following general categories:
1. Construction requirements. •li 2. Location and separation of spaces. 3. Cargo tank protection. The general principles of the regulation In categories 1 and 2 were formulated over a period of years. The construction requirements are fundamentally based on the following: a separation of accommodation spaces from the remainder of the ship by thermal
o – comments: and structural boundaries, of the Contractor’s Proposal, o o: Application of Proposed Regulations: b. protection of means of – o from the risks of loss of the Bi à * One commenter suggested that the e, containment and extinction of any fire risk of loss or of damage to materia * * regulations should not be made appli- in the space of origin, and o equipment furnished for or used in con cable to tank barges inasmuch as IMco d: restricted use of combustible materials. o fo.o. o.o.o. o.o.o.o. to so. joining, wind damage, explosion changes were based, was intended for regulations for construction require- so re, IIgnton o oon aircraft and self-propelled tank vessels. This com- ments currently applicable in Subchap- so. riot Or § “…”.”.m. onto, and ter D. The amended regulations detail or other yeh o ; o, tire owner will the regulations as proposed will not ap- changes that have been necessitated by sol o . $o Risk Insurance) ply to tank barges. lack of detail in the present regulations, as, maintain d ch loes are to become Additional questions were raised by experience in actual fires, and changes o *o: i.” … commentoocoo apolity “…o.o.o.o.o. so taining the proposed changes of the resolution to LFG (liquefied flam- The section of the proposed amend- to . o . in each construction contract mable gas) carriers. The proposed regu- ment that speaks to location and separa. s. f o o to jed by File with REA lations will apply to LFG carriers. The tign of spaces is the result of a review so. #o Hoog, Persons interested in these arrangements and terminology in the of international casualty data which in- o than ges may submit written data, views It FG trade are different than that used dicated the need to maintain segregation or comments to the Director, Power in traditional tank ship trade and con
Supply, Management and Engineering standards Division, Room 3313 South Building. Rural Electrification Administration, U.S. Department of Agriculture, washington, D.C. 20250 on or before May 21, 1975. All written submissions made pursuant to this notice will be made available for public inspection at the Office of the Director, Power Supply, Management and Engineering Standards Division, during regular business hours.
A copy of the proposed changes in REA Forms 200, 201, 203, 764, 830, and 831 may be secured in person or by written request from the Director, Power Supply, Management and Engineering Standards Division.
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– between cargo tanks, machinery spaces, struction. Due to these differences an in- and accommodation and service spaces.
terpretative ruling will be published in The major provision in this section ton- so-
the near future. Specific regulations for cerns the positioning of accommodation –
LFG carriers will be promulgated at a spaces, main cargo control stations, and
later date. – service spaces. These spaces are required
Implementation Date: Two commenters to be located aft of cargo tanks, slop
objected to the timing indicated in the tanks, cargo pump rooms, and coffer
Advance Notice of Proposed Rulemaking dams which isolate cargo or slop tanks
and suggested that contract date rather from machinery spaces of Category A.
than keel laying date should be utilized. This provision would prohibit the con-
Inasmuch as contract dates can precede struction of a tank ship with a house lo-
keel laying (or similar stage of construc- cated amidship, except as a navigatino
tion) by several years, utilization of con- position.
tract dates would allow vessels to be built Cargo tank protection is the third
without adequate safety measures, even jor area of consideration. Existing U.S.
though such safety measures have been regulations require the installation of a
promulgated. The problems being aq. fixed deck foam fire fighting system to
dressed, however, are immediate and in the protection of the ship in the event
the interest of safety, additional dia. of a fire in the cargo tank area. The *.
cannot be justified. The intent is to app vance Notice indicated several import*
the regulations to all tank ships where it changes to these regulations. The o
is feasible to do so. These regulations will
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