Capitalization of Interest and Carrying Charges Properly Allocated to Straddles; Hearing Cancellation

---
identifier: "/us/fr/01-12222"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Capitalization of Interest and Carrying Charges Properly Allocated to Straddles; Hearing Cancellation"
title_number: 0
title_name: "Federal Register"
section_number: "01-12222"
section_name: "Capitalization of Interest and Carrying Charges Properly Allocated to Straddles; Hearing Cancellation"
positive_law: false
currency: "2001-05-15"
last_updated: "2001-05-15"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "01-12222"
document_type: "proposed_rule"
publication_date: "2001-05-15"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-AX92"
fr_citation: "66 FR 26823"
fr_volume: 66
docket_ids:
  - "REG-105801-00"
fr_action: "Cancellation of notice of public hearing on proposed rulemaking."
---


#  Capitalization of Interest and Carrying Charges Properly Allocated to Straddles; Hearing Cancellation

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Cancellation of notice of public hearing on proposed rulemaking.

**SUMMARY:**

This document provides notice of cancellation of a public hearing on proposed regulations that clarify the application of the straddle rules to a variety of financial instruments.

**DATES:**

The public hearing originally scheduled for May 22, 2001, at 10 a.m., is cancelled.

**FOR FURTHER INFORMATION CONTACT:**

Treena Garrett of the Regulations Unit, Office of Special Counsel (Modernization & Strategic Planning), (202) 622-7180 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

A notice of proposed rulemaking and notice of public hearing that appeared in the *Federal Register* on Thursday, January 18, 2001, (66 FR 4746), announced that a public hearing was scheduled for Tuesday, May 22, 2001, at 10 a.m., in the Auditorium, Internal Revenue Service Building, 1111 Constitution Avenue, NW., Washington, DC. The subject of the public hearing is proposed regulations under sections 1092 and 263(g) of the Internal Revenue Code. The public comment period for these proposed regulations expired on May 1, 2001.

The notice of proposed rulemaking and notice of public hearing, instructed those interested in testifying at the public hearing to submit a request to speak and an outline of the topics to be addressed. As of Tuesday, May 8, 2001, no one has requested to speak. Therefore, the public hearing scheduled for Tuesday, May 22, 2001, is cancelled.

Cynthia E. Grigsby,

Chief, Regulations Unit, Office of Special Counsel (Modernization and Strategic Planning).