Search Results for citation:"86 FR 8721"

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Search Results: citation:"86 FR 8721"

  • Type:Proposed Rule
    Citation:86 FR 8721
    Reading Time:about 2 minutes

    On December 14, 2020, the Office of Workers' Compensation Programs (OWCP) proposed a rule in the Federal Register to revise rules around electronic filing and settlements and to make new procedures for penalties under the Longshore and Harbor Workers' Compensation Act. However, after a new administration took office on January 20, 2021, a memo was issued to pause such regulations for review. Following this, OWCP decided to withdraw the proposed rule as of February 9, 2021, to allow time for the new administration to review and possibly revise it. Once this review is complete, a new proposed rule will be issued for public comment.

    Simple Explanation

    The government wanted to change some rules about how people working at docks get help when they are hurt, and how to do this using computers. But when a new president came into office, they paused these changes to think about them more, and now they're starting over to make sure everything is just right.

  • Type:Proposed Rule
    Citation:86 FR 8721
    Reading Time:about a minute or two

    The Internal Revenue Service (IRS) announced a correction to its proposed regulations on the average income test related to the low-income housing credit. A public hearing on these regulations will be held via teleconference on March 24, 2021. Interested individuals must submit their speaking topics by March 5, 2021, or the hearing will be canceled. The error corrected involves a regulation identification number in a previous publication of the proposed rule.

    Simple Explanation

    The IRS is fixing a mix-up with their rules about making homes cheaper for people with lower incomes. They want to talk about it on a phone meeting in March, but they need to hear from people who want to join by early March, or they will cancel the meeting.