Page:United States Statutes at Large Volume 110 Part 2.djvu/677

 PUBLIC LAW 104-168—JULY 30, 1996 110 STAT. 1469 "(A) The date on which such regulation is filed with the Federal Register. "(B) In the case of any final regulation, the date on which any proposed or temporsiry regulation to which such final regulation relates was filed with the Federal Register. "(C) The date on which any notice substantially describing the expected contents of any temporeiry, proposed, or final regulation is issued to the public. "(2) EXCEPTION FOR PROMPTLY ISSUED REGULATIONS. —Paragraph (1) shall not apply to regulations filed or issued within 18 months of the date of the enactment of the statutory provision to which the regulation relates. "(3) PREVENTION OF ABUSE. —The Secretary may provide that any regulation may take effect or apply retroactively to prevent abuse. "(4) CORRECTION OF PROCEDURAL DEFECTS. —The Secretary may provide that any regulation may appW retroactively to correct a procedural defect in the issuance of any prior regulation. "(5) INTERNAL REGULATIONS. — The limitation of paragraph (1) shall not apply to any regulation relating to internal Treasury Department poHcies, practices, or procedures. " (6) CONGRESSIONAL AUTHORIZATION.— The limitation of paragraph (1) may be superseded by a legislative grant from Congress authorizing the Secretary to prescribe the effective date with respect to any regulation. "(7) ELECTION TO APPLY RETROACTIVELY.—The Secretary may provide for any taxpayer to elect to apply any regulation before the dates specified in paragraph (1). "(8) APPLICATION TO RULINGS.— The Secretary may prescribe the extent, if any, to which any ruling (including any judicial decision or any administrative determination other than by regulation) relating to the internal revenue laws shall be applied without retroactive effect.". (b) EFFECTIVE DATE.—The amendment made by subsection (a) 26 USC 7805 shall apply with respect to regulations which relate to statutory noteprovisions enacted on or after the date of the enactment of this Act. TITLE XII—MISCELLANEOUS PROVISIONS SEC. 1201. PHONE NUMBER OF PERSON PROVIDING PAYEE STATE- MENTS REQUIRED TO BE SHOWN ON SUCH STATEMENT. (a) GENERAL RULE.—The following provisions are each amended by striking "name and address" and inserting "name, address, and pnone number of the information contact": (1) Section 6041(d)(1). (2) Section 6041A(e)(l). (3) Section 6042(c)(1). (4) Section 6044(e)(1). (5) Section 6045(b)(l). (6) Section 6049(c)(1)(A). (7) Section 6050B(b)(l). (8) Section 6050H(d)(l). (9) Section 60501(e)(1).

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