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Obligations of States and Political Subdivisions; Correction

---
identifier: "/us/fr/02-30140"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Obligations of States and Political Subdivisions; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "02-30140"
section_name: "Obligations of States and Political Subdivisions; Correction"
positive_law: false
currency: "2002-11-27"
last_updated: "2002-11-27"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "02-30140"
document_type: "rule"
publication_date: "2002-11-27"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-AY71"
fr_citation: "67 FR 70845"
fr_volume: 67
docket_ids:
  - "TD 9016"
effective_date: "2002-11-22"
fr_action: "Correction to final regulations."
---

#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to final regulations.

**SUMMARY:**

This document contains corrections to final regulations that were published in the *Federal Register* on Monday, September 23, 2002 (67 FR 59756) relating to the definition of private activity bonds applicable to tax-exempt bonds issued by state and local governments for output facilities.

**DATES:**

This correction is effective November 22, 2002.

**FOR FURTHER INFORMATION CONTACT:**

Rose M. Weber (202) 622-3880 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations that are the subject of these corrections is under section 141 of the Internal Revenue Code.

**Need for Correction**

As published, the final regulations contain errors that may prove to be misleading and are in need of clarification.

**Correction of Publication**

Accordingly, the publication of final regulations (TD 9016), that were the subject of FR Doc. 02-24137, is corrected as follows:

1. On page 59758, column 2, in the preamble under the paragraph heading “Explanation of Provisions”, first line, the language “through 821(c) (or by a state authority” is corrected to read “through 825r (or by a state authority”.

§ 1.141-7

2. On page 59761, column 2, § 1.141-7(g)(1)(ii)(B), line 5, the language “Act (16 U.S.C. 791a through 821c) (or by” is corrected to read “Act (16 U.S.C. 791a through 825r) (or by”.

3. On page 59761, column 3, § 1.141-7(g)(3), fifth line from the top of the column, the language “U.S.C. 791a through 821(c) (does not” is corrected to read “U.S.C. 791a through 825r) (or by a state regulatory authority under comparable provisions of state law) does not”.

Cynthia E. Grigsby,

Chief, Regulations Unit, Associate Chief Counsel, (Income Tax and Accounting).