IRS Sends Rule Reports To Senate

Targeted News Service

by KAREN NARAG Targeted News Service

WASHINGTON, April 2 -- The Internal Revenue Service has sent to Senate, pursuant to law, four rule reports. These were all forwarded to the Senate Finance Committee on March 19.

The rule reports are:

* "Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates" (Notice 2014-16)

* "Correction to Revenue Procedure 2014-4" (Rev. Proc. 2014-19)

* "Interim Guidance on Per Capita Distributions Made to Indian Tribe Members from Funds Held in Trust by the Secretary of the Interior" (Notice 2014-17)

* "Information Reporting by Applicable Large Employers on Health Insurance Coverage Offered Under Employer-Sponsored Plans" (RIN1545-BL26)

* "Patient Protection and Affordable Care Act; Third Party Payment of Qualified Health Plan Premiums" (RIN0938-AS28)

The Senate also received executive communications from other federal agencies and these are all forwarded to the Senate Finance Committee. They included:

* The Health and Human Services has sent, pursuant to law, the fiscal year 2013 report of the Department of Health and Human Services' Federal Coordinated Health Care Office; and a report entitled "Recovery Auditing in the Medicare and Medicaid Program for Fiscal Year 201".

* The National Railroad Retirement Investment Trust has sent, pursuant to law, an annual management report regarding its operations and financial condition.

* The chairman of the Medicaid and CHIP Payment and Access Commission has sent, pursuant to law, a report entitled "Report to Congress on Medicaid and CHIP".

* The chairman of the Medicare Payment Advisory Commission has sent, pursuant to law, a report entitled "Report to the Congress: Medicare Payment Policy".

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