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TREAS/IRS RIN: 1545-AV59 Publication ID: Spring 1999 
Title: FASIT--Start-Up/Operational/Transitions 
Abstract: These regulations will address issues concerning the start-up and operation of a financial asset securitization investment trust, and transitional rules for eligible existing entities that elect to be treated as a fasit. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 301   
Legal Authority: 26 USC 8606(f)    26 USC 8606(h)    26 USC 7805   
Timetable:
Action Date FR Cite
ANPRM  11/04/1996  61 FR 56648   
ANPRM Comment Period End  12/31/1996  61 FR 56648   
Deleted at Agency Request - Agency action suspended  03/23/1999    
Additional Information: REG-100276-97 Drafting attorney: David L. Meyer (202) 622-3960. Reviewing attorney: Marshall Feiring (202) 622-3940. Treasury attorney: Paul Crispino (202) 622-0224. CC:DOM:FI&P
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: No 
Agency Contact:
David L. Meyer
Attorney-Advisor
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 622-3950