Submission for OMB Review; Comment Request, 61692-61693 [05-21307]

Download as PDF 61692 Federal Register / Vol. 70, No. 205 / Tuesday, October 25, 2005 / Notices Contact: Mac Frampton, (202) 565– 1541. Vernon A. Williams, Secretary. [FR Doc. 05–21304 Filed 10–24–05; 8:45 am] By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–21209 Filed 10–24–05; 8:45 am] BILLING CODE 4915–01–P BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION DEPARTMENT OF THE TREASURY Surface Transportation Board Submission for OMB Review; Comment Request [STB Finance Docket No. 34759] October 18, 2005. Mohall Central Railroad, Inc.— Acquisition and Operation Exemption—Rail Line of BNSF Railway Company Mohall Central Railroad, Inc. (MCR), a Class III rail carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to acquire from BNSF Railway Company approximately 69.15 miles of rail line between milepost 72.9 at Sarles, ND, and milepost 3.75 near Lakota, ND. MCR states that, pursuant to an operating agreement between it and Northern Plains Railroad, Inc. (NPR), NPR will operate the line, and that a track connection between NPR and the acquired line will be constructed near Munich, ND.1 MCR certifies that its projected annual 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 is scheduled to take place on October 18, 2005 (the exemption became effective October 10, 2005, 7 days after filing). If the verified 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. 34759, must be filed with the Surface Transportation Board, 1925 K Street, NW., Washington, DC 20423– 0001. In addition, a copy of each pleading must be served on Byron D. Olsen, 1543 Grantham Street, St. Paul, MN 55108–1449. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. Dated: October 17, 2005. 1 Under 49 U.S.C 10902 and the Board’s rules at 49 CFR 1150.41, if NPR intends to operate the line, it must file a request with the Board for authority prior to commencing operations. In addition, under 49 U.S.C. 10901, construction authority will be required to build the connecting track. VerDate Aug<31>2005 15:53 Oct 24, 2005 Jkt 208001 The Department of Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before November 25, 2005. Internal Revenue Service (IRS) OMB Number: 1545–0016. Type of Review: Revision. Title: Treasury International Capital Form BQ–1, ‘‘Report of Customers’ U.S. Dollar Claims on Foreigners’’. Form: International Capital Form BQ– 1. Description: Form BQ–1 is required by law and is designed to collect timely information on international portfolio capital movements, including U.S. dollar claims of customers of depository institutions, bank and financial holding ` companies, brokers and dealers vis-a-vis foreigners. The information is necessary in the computation of the U.S. balance of payments accounts and the U.S. international investment position, and in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 909 hours. OMB Number: 1545–0017. Type of Review: Revision. Title: Treasury International Capital Form BC/BC (SA) ‘‘Report of U.S. Dollar Claims of Depository Institutions, Brokers and Dealers on Foreigners’’. Form: International Capital Form BC/ BC (SA). Description: Form BC/BC(SA) is required by law and is designed to PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 collect timely information on international portfolio capital movements, including own U.S. dollar claims of depository institutions, bank and financial holding companies, ` brokers and dealers vis-a-vis foreigners. The information is necessary in the computation of the U.S. balance of payments accounts and the U.S. international investment position, and in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 33,804 hours. OMB Number: 1545–0018. Type of Review: Revision. Title: Treasury International Capital Form BL–2/BL–2(SA) ‘‘Report of Customers’ U.S. Dollar Liabilities to Foreigners’’. Form: International Capital Form BL– 2/BL–2(SA). Description: Form BL–2/BL–2(SA) is required by law and is designed to collect timely information on international portfolio capital movements, including U.S. dollar liabilities of customers of depository institutions, bank and financial holding ´ companies, brokers and dealers vis-a-vis foreigners. The information is necessary in the computation of the U.S. balance of payments accounts and the U.S. international investment position, and in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 9,000 hours. OMB Number: 1545–0019. Type of Review: Revision. Title: Treasury International Capital Form BL–1/BL–1(SA) ‘‘Report of U.S. Dollar Liabilities of Depository Institutions, Brokers and Dealers to Foreigners’’. Form: International Capital Form BL– 1/BL–1(SA). Description: Form BL–1/BL–1(SA) is required by law and is designed to collect timely information on international portfolio capital movements, including U.S. dollar liabilities of depository institutions, bank and financial holding companies, ´ brokers and dealers vis-a-vis foreigners. The information is necessary in the computation of the U.S. balance of payments accounts and the U.S. international investment position, and in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 31,278 hours. E:\FR\FM\25OCN1.SGM 25OCN1 Federal Register / Vol. 70, No. 205 / Tuesday, October 25, 2005 / Notices OMB Number: 1545–0020. Type of Review: Revision. Title: Treasury International Capital Form BQ–2 ‘‘Part 1—Report of Foreign Currency Liabilities and Claims of Depository Institutions, Brokers and Dealers, and of their Domestic ´ Customers vis-a-vis Foreigners; Part 2— Report of Customers’ Foreign Currency Liabilities to Foreigners’’. Form: International Capital Form BQ– 2. Description: Form BQ–2 is required by law and is designed to collect timely information on international portfolio capital movements, including liabilities and claims of depository institutions, bank and financial holding companies, brokers and dealers and their customers’ ´ liabilities vis-a-vis foreigners, that are denominated in foreign currencies. The information is necessary in the computation of the U.S. balance of payments accounts and the U.S. international investment position, and in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 3,564 hours. OMB Number: 1545–0024. Type of Review: Revision. Title: Treasury International Capital Form CQ–1 ‘‘Report of Financial Liabilities to and Financial Claims on Foreign Residents’’ and Form CQ–2 ‘‘Report of Commercial Liabilities to, and Commercial Claims on Unaffiliated Foreign Residents’’. Form: International Capital Form CQ1 and CQ–2. Description: Forms CQ–1 and CQ–2 are required by law to collect timely information on international portfolio capital movements, including data on financial and commercial liabilities to, and claims on unaffiliated foreigners and certain affiliated foreigners held by non-banking enterprises in the U.S. This information is necessary in the computation of the U.S. balance of payments accounts and the U.S. international investment position, and in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 5,746 hours. OMB Number: 1545–0149. Type of Review: Extension. Title: 31 CFR Part 128 Reporting of International Capital and Foreign Currency Transactions and Positions. Description: 31 CFR Part 128 establishes general guidelines for reporting on U.S. claims on and VerDate Aug<31>2005 15:53 Oct 24, 2005 Jkt 208001 liabilities to, foreigners; on transactions in securities with foreigners; and on monetary reserves of the U.S. It also establishes guidelines for reporting on the foreign currency transactions of U.S. persons. It includes a recordkeeping requirement in section 128.5. Respondents: Business or other forprofit. Estimated Total Burden Hours: 4,950 hours. OMB Number: 1545–0189. Type of Review: Extension. Title: Treasury International Capital Form BQ–3 ‘‘Report of Maturities of Selected Liabilities of Depository Institutions, Brokers and Dealers to Foreigners. Form: International Capital Form BQ– 3. Description: Form BQ–3 is required by law and is designed to collect timely information on international portfolio capital movements, including maturities of selected U.S. dollar and foreign currency liabilities of depository institutions, bank and financial holding companies, brokers and dealers to foreigners. This information is necessary in the computation of the U.S. balance of payments accounts and the U.S. international investment position and in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 1,312 hours. Clearance Officer: Dwight Wolkow, (202) 622–1276, Department of Treasury, Room 4410–1440NYA, 1500 Pennsylvania Avenue, NW., Washington, DC 20220. OMB Reviewer: Alexander T. Hunt, (202) 395–7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Michael A. Robinson, Treasury PRA Clearance Officer. [FR Doc. 05–21307 Filed 10–24–05; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Announcement 2005–XX 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 PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 61693 burden, invites the general public and 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 Announcement 2005–XX, Management S Corporation/ESOP Settlement Initiative. Written comments should be received on or before December 27, 2005 to be assured of consideration. ADDRESSES: Direct all written comments to Glenn Kirkland, Internal Revenue Service, room 6512, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulations should be directed to Larnice Mack at Internal Revenue Service, room 6512, 1111 Constitution Avenue NW., Washington, DC 20224, or at (202) 622–3179, or through the internet at (Larnice.Mack@irs.gov). DATES: SUPPLEMENTARY INFORMATION: Title: Management S Corporation/ ESOP Settlement Initiative. OMB Number: 1545–1958. Notice Number: Announcement 2005– XX. Abstract: This announcement is an enforcement initiative to resolve certain cases where taxpayers have attempted to use an S corporation and an arrangement purported to be an ESOP to improperly exclude the income of a related business from taxable income. Current Actions: There are no changes being made to the announcement at this time. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, business or other for-profit organizations. Estimated Number of Respondents: 100. Estimated Time Per Respondent: 20 hours. Estimated Total Annual Burden Hours: 2000. 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 E:\FR\FM\25OCN1.SGM 25OCN1

Agencies

[Federal Register Volume 70, Number 205 (Tuesday, October 25, 2005)]
[Notices]
[Pages 61692-61693]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-21307]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

October 18, 2005.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before November 25, 
2005.

Internal Revenue Service (IRS)

    OMB Number: 1545-0016.
    Type of Review: Revision.
    Title: Treasury International Capital Form BQ-1, ``Report of 
Customers' U.S. Dollar Claims on Foreigners''.
    Form: International Capital Form BQ-1.
    Description: Form BQ-1 is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including U.S. dollar claims of customers of depository 
institutions, bank and financial holding companies, brokers and dealers 
vis-[agrave]-vis foreigners. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 909 hours.

    OMB Number: 1545-0017.
    Type of Review: Revision.
    Title: Treasury International Capital Form BC/BC (SA) ``Report of 
U.S. Dollar Claims of Depository Institutions, Brokers and Dealers on 
Foreigners''.
    Form: International Capital Form BC/BC (SA).
    Description: Form BC/BC(SA) is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including own U.S. dollar claims of depository institutions, 
bank and financial holding companies, brokers and dealers vis-[agrave]-
vis foreigners. The information is necessary in the computation of the 
U.S. balance of payments accounts and the U.S. international investment 
position, and in the formulation of U.S. international financial and 
monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 33,804 hours.

    OMB Number: 1545-0018.
    Type of Review: Revision.
    Title: Treasury International Capital Form BL-2/BL-2(SA) ``Report 
of Customers' U.S. Dollar Liabilities to Foreigners''.
    Form: International Capital Form BL-2/BL-2(SA).
    Description: Form BL-2/BL-2(SA) is required by law and is designed 
to collect timely information on international portfolio capital 
movements, including U.S. dollar liabilities of customers of depository 
institutions, bank and financial holding companies, brokers and dealers 
vis-[aacute]-vis foreigners. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 9,000 hours.

    OMB Number: 1545-0019.
    Type of Review: Revision.
    Title: Treasury International Capital Form BL-1/BL-1(SA) ``Report 
of U.S. Dollar Liabilities of Depository Institutions, Brokers and 
Dealers to Foreigners''.
    Form: International Capital Form BL-1/BL-1(SA).
    Description: Form BL-1/BL-1(SA) is required by law and is designed 
to collect timely information on international portfolio capital 
movements, including U.S. dollar liabilities of depository 
institutions, bank and financial holding companies, brokers and dealers 
vis-[aacute]-vis foreigners. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 31,278 hours.


[[Page 61693]]


    OMB Number: 1545-0020.
    Type of Review: Revision.
    Title: Treasury International Capital Form BQ-2 ``Part 1--Report of 
Foreign Currency Liabilities and Claims of Depository Institutions, 
Brokers and Dealers, and of their Domestic Customers vis-[aacute]-vis 
Foreigners; Part 2--Report of Customers' Foreign Currency Liabilities 
to Foreigners''.
    Form: International Capital Form BQ-2.
    Description: Form BQ-2 is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including liabilities and claims of depository institutions, 
bank and financial holding companies, brokers and dealers and their 
customers' liabilities vis-[aacute]-vis foreigners, that are 
denominated in foreign currencies. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 3,564 hours.

    OMB Number: 1545-0024.
    Type of Review: Revision.
    Title: Treasury International Capital Form CQ-1 ``Report of 
Financial Liabilities to and Financial Claims on Foreign Residents'' 
and Form CQ-2 ``Report of Commercial Liabilities to, and Commercial 
Claims on Unaffiliated Foreign Residents''.
    Form: International Capital Form CQ1 and CQ-2.
    Description: Forms CQ-1 and CQ-2 are required by law to collect 
timely information on international portfolio capital movements, 
including data on financial and commercial liabilities to, and claims 
on unaffiliated foreigners and certain affiliated foreigners held by 
non-banking enterprises in the U.S. This information is necessary in 
the computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 5,746 hours.

    OMB Number: 1545-0149.
    Type of Review: Extension.
    Title: 31 CFR Part 128 Reporting of International Capital and 
Foreign Currency Transactions and Positions.
    Description: 31 CFR Part 128 establishes general guidelines for 
reporting on U.S. claims on and liabilities to, foreigners; on 
transactions in securities with foreigners; and on monetary reserves of 
the U.S. It also establishes guidelines for reporting on the foreign 
currency transactions of U.S. persons. It includes a recordkeeping 
requirement in section 128.5.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 4,950 hours.

    OMB Number: 1545-0189.
    Type of Review: Extension.
    Title: Treasury International Capital Form BQ-3 ``Report of 
Maturities of Selected Liabilities of Depository Institutions, Brokers 
and Dealers to Foreigners.
    Form: International Capital Form BQ-3.
    Description: Form BQ-3 is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including maturities of selected U.S. dollar and foreign 
currency liabilities of depository institutions, bank and financial 
holding companies, brokers and dealers to foreigners. This information 
is necessary in the computation of the U.S. balance of payments 
accounts and the U.S. international investment position and in the 
formulation of U.S. international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 1,312 hours.

    Clearance Officer: Dwight Wolkow, (202) 622-1276, Department of 
Treasury, Room 4410-1440NYA, 1500 Pennsylvania Avenue, NW., Washington, 
DC 20220.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. 05-21307 Filed 10-24-05; 8:45 am]
BILLING CODE 4810-25-P
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