Proposed Collection; Comment Request for Regulation Project, 57365-57366 [E5-5339]

Download as PDF Federal Register / Vol. 70, No. 189 / Friday, September 30, 2005 / Notices Administration within 14 calendar days of the date of this notice. The rules for release of waybill data are codified at 49 CFR 1244.9. Contact: Mac Frampton, (202) 565– 1541. Michele Nardi, 1300 19th Street, NW., Fifth Floor, Washington, DC 20036– 1609. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. Vernon A. Williams, Secretary. [FR Doc. 05–19569 Filed 9–29–05; 8:45 am] Decided: September 23, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–19486 Filed 9–29–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION BILLING CODE 4915–01–P Surface Transportation Board [STB Finance Docket No. 34757] DEPARTMENT OF TRANSPORTATION North American Industrial Railway, Inc.—Acquisition and Operation Exemption—Corn Products International, Inc., and Chicago, Peoria & Western Railway, Inc. Surface Transportation Board North American Industrial Railway, Inc. (NAIR), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to acquire exclusive operating rights over approximately 17 miles of rail line (including sidings and interchange tracks), owned by Corn Products International, Inc. (CPI), and CPI’s affiliate, Chicago, Peoria & Western Railway, Inc. (CPW),1 in Cook County, IL. The trackage serves the Argo Facility, owned by CPI, in Bedford Park, IL,2 and is not designated by milepost markings. NAIR will operate over the rail property pursuant to an operating agreement with CPI and CPW. NAIR certifies that its projected revenues as a result of the transaction will not exceed those that would qualify it as a Class III rail carrier and will not exceed $5 million. Consummation was scheduled to take place on or after September 18, 2005 (the exemption became effective September 16, 2005, 7 days after filing). If the notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the transaction. An original and 10 copies of all pleadings, referring to STB Finance Docket No. 34757, must be filed with the Surface Transportation Board, 1925 K Street, NW., Washington, DC 20423– 0001. In addition, one copy of each pleading must be served on Rose1 CPW owns 3,000 feet of the subject trackage, which provides access to the connection with the Belt Railway of Chicago. The balance of the trackage is owned by CPI. 2 The trackage also serves another shipper located there. VerDate Aug<31>2005 16:14 Sep 29, 2005 Jkt 205001 [STB Docket No. AB–1066X] Central Illinois Railroad Company— Discontinuance of Service Exemption—in Peoria County, IL On September 12, 2005, Central Illinois Railroad Company (CIRY) filed with the Surface Transportation Board a petition for exemption under 49 U.S.C. 10502 for exemption from 49 U.S.C. 10903–10905 to discontinue service over a segment of a rail line owned by the City of Peoria and the Village of Peoria Heights, IL. The segment extends between the north line of Candletree Drive at approximately milepost 8.50 in Peoria, IL, and the north line of Jefferson Street at approximately milepost 2.21 in Peoria, IL, a distance of 6.29 miles in Peoria County, IL. The line does not contain federally granted rights-of-way. Any documentation in the railroad’s possession will be made available promptly to those requesting it. The interests of railroad employees will be protected by imposition of conditions to approval of discontinuance imposed in Oregon Short Line R. Co.—Abandonment— Goshen, 360 I.C.C. 91 (1979). By issuance of this notice, the Board is instituting an exemption proceeding pursuant to 49 U.S.C. 10502(b). A final decision will be issued by December 30, 2005. As indicated, CIRY seeks exemption from the offer of financial assistance (OFA) provisions of 49 U.S.C. 10904 and the public use provisions of 49 U.S.C. 10905, if required. Any filings related to these requests will be considered in the decision on the merits. Any OFA under 49 CFR 1152.27(b)(2), if appropriate, will be due no later than 10 days after service of a decision granting the petition for PO 00000 Frm 00118 Fmt 4703 Sfmt 4703 57365 exemption.1 Each OFA must be accompanied by a $1,200 filing fee. See 49 CFR 1002.2(f)(25). All filings in response to this notice must refer to STB Docket No. AB–1066X and must be sent to: (1) Surface Transportation Board, 1925 K Street, NW., Washington, DC 20423–0001; and (2) Thomas F. McFarland, 208 South LaSalle Street, Suite 1890, Chicago, IL 60604–1112. Replies to the petition are due on or before October 20, 2005. Persons seeking further information concerning abandonment procedures may contact the Board’s Office of Public Services at (202) 565–1592 or refer to the full abandonment or discontinuance regulations at 49 CFR part 1152. Questions concerning environmental issues may be directed to the Board’s Section of Environmental Analysis (SEA) at (202) 565–1539. [Assistance for the hearing impaired is available though the Federal Information Relay Service (FIRS) at 1–800–877–8339.] SEA has determined that this action is exempt from environmental reporting requirements under 49 CFR 1105.6(c)(2) and from historic reporting requirements under 49 CFR 1105.8(b)(3). Consequently, SEA concludes that this action does not require the preparation of an Environmental Assessment. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. Decided: September 27, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–19621 Filed 9–29–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service [REG–103736–00] Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and 1 On September 12, 2005, Pioneer Industrial Railway Company filed a notice of intent to file an OFA in this proceeding, to which CIRY filed a motion to reject. These filings will also be considered in the decision on the merits. E:\FR\FM\30SEN1.SGM 30SEN1 57366 Federal Register / Vol. 70, No. 189 / Friday, September 30, 2005 / Notices other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, REG–103736– 00, Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters. Written comments should be received on or before November 29, 2005 to be assured of consideration. DATES: Direct all written comments to Glenn Kirkland, Internal Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, DC 20224. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulation should be directed to Allan Hopkins, at (202) 622– 6665, or at Internal Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Requirement to Maintain List of Investors in Potentially Abusive Tax Shelters. OMB Number: 1545–1686. VerDate Aug<31>2005 16:14 Sep 29, 2005 Jkt 205001 Regulation Project Number: REG– 103736–00. Abstract: These final regulations modify and clarify the rules relating to confidential transactions under § 1.6011–4(b)(3) of the Income Tax Regulations. These regulations affect taxpayers participating in reportable transactions and persons responsible for maintaining and furnishing lists of investors in reportable transactions. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations, individuals or households. Estimated Number of Respondents: 500. Estimated Time Per Respondent: 100 hours. Estimated Total Annual Burden Hours: 50,000. The following paragraph applies to all of the collections of information covered by this notice: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material PO 00000 Frm 00119 Fmt 4703 Sfmt 4703 in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: September 14, 2005. Allan Hopkins, IRS Reports Clearance Officer. [FR Doc. E5–5339 Filed 9–29–05; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\30SEN1.SGM 30SEN1

Agencies

[Federal Register Volume 70, Number 189 (Friday, September 30, 2005)]
[Notices]
[Pages 57365-57366]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5339]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[REG-103736-00]


Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and

[[Page 57366]]

other Federal agencies to take this opportunity to comment on proposed 
and/or continuing information collections, as required by the Paperwork 
Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). 
Currently, the IRS is soliciting comments concerning an existing final 
regulation, REG-103736-00, Requirement to Maintain List of Investors in 
Potentially Abusive Tax Shelters.

DATES: Written comments should be received on or before November 29, 
2005 to be assured of consideration.

ADDRESSES: Direct all written comments to Glenn Kirkland, Internal 
Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulation should be directed to Allan Hopkins, at (202) 
622-6665, or at Internal Revenue Service, room 6516, 1111 Constitution 
Avenue, NW., Washington, DC 20224, or through the Internet at 
Allan.M.Hopkins@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Requirement to Maintain List of Investors in Potentially 
Abusive Tax Shelters.
    OMB Number: 1545-1686.
    Regulation Project Number: REG-103736-00.
    Abstract: These final regulations modify and clarify the rules 
relating to confidential transactions under Sec.  1.6011-4(b)(3) of the 
Income Tax Regulations. These regulations affect taxpayers 
participating in reportable transactions and persons responsible for 
maintaining and furnishing lists of investors in reportable 
transactions.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, 
individuals or households.
    Estimated Number of Respondents: 500.
    Estimated Time Per Respondent: 100 hours.
    Estimated Total Annual Burden Hours: 50,000.
    The following paragraph applies to all of the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained as long as 
their contents may become material in the administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Approved: September 14, 2005.
Allan Hopkins,
IRS Reports Clearance Officer.
[FR Doc. E5-5339 Filed 9-29-05; 8:45 am]
BILLING CODE 4830-01-P
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