Submission for OMB Review; Comment Request, 71602-71603 [E5-6673]

Download as PDF 71602 Federal Register / Vol. 70, No. 228 / Tuesday, November 29, 2005 / Notices Title: Insurer Reporting Requirement for 49 CFR Part 544. OMB Control Number: 2127–0547. Affected Public: Business or other forprofit. Form Number: The collection of information uses no standard forms. Abstract: This information collection supports the Department’s strategic goal of Economic Growth and Trade. The Motor Vehicle Theft Law Enforcement Act of 1984, added Title VI to the Motor Vehicle and Information Cost Savings Act (recodified as Chapter 331 of Title 49, United States Code) (copy attached) which mandated this information collection. The 1984 Theft act was amended by the Anti Car Theft Act (ACTA) of 1992 (Pub. L. 102–519). NHTSA is authorized under 49 U.S.C. 33112, to collect this information. This information collection supports the agency’s economic growth and trade goal through rulemaking implementation developed to help reduce the cost of vehicle ownership by reducing the cost of comprehensive insurance coverage. 49 U.S.C. 33112 requires certain passenger motor vehicle insurance companies and rental/leasing companies to provide information to NHTSA on comprehensive insurance premiums, theft and recoveries and actions taken to address motor vehicle theft. Estimated Annual Burden: Based on prior years’ insurer compilation information, the agency estimates that the time to review and compile information for the reports will take approximately a total of 66,300 burden hours (56,700 man-hours for 28 insurance companies and 9,600 manhours for 17 rental and leasing companies). Most recent year insurer compilation information estimates that it takes an average cost of $36.00 per hour for clerical and technical staff to prepare the annual reports. Therefore, the agency estimates the total cost associated with the burden hours to be $2,386,800. The burden hour for rental and leasing companies is significantly less than that for insurance companies because rental and leasing companies comply with fewer reporting requirements than the insurance companies. The reporting burden is based on claim adjusters’ salaries, clerical and technical expenses, and labor costs. Number of Respondents: 45. Comments are invited on: Whether the proposed collection of information is necessary for the proper performance of the functions of the Department, including whether the information will have practical utility; the accuracy of VerDate Aug<31>2005 20:13 Nov 28, 2005 Jkt 208001 the Department’s estimate of the burden of the proposed information collection; ways to enhance the quality, utility and clarity of the information to be collected; and ways to minimize the burden of the collection of information on respondents, including the use of automated collection techniques or other forms of information technology. and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Michael A. Robinson, Treasury PRA Clearance Officer. [FR Doc. E5–6672 Filed 11–28–05; 8:45 am] BILLING CODE 4810–31–P Issued on: November 22, 2005. Stephen R. Kratzke, Associate Administrator for Rulemaking. [FR Doc. E5–6637 Filed 11–28–05; 8:45 am] DEPARTMENT OF THE TREASURY BILLING CODE 4910–59–P November 22, 2005. DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request November 22, 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 December 29, 2005 to be assured of consideration. Submission for OMB Review; Comment Request 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 December 29, 2005 to be assured of consideration. Departmental Office (DO) OMB Number: 1505–0001. Type of Review: Revision. Title: Treasury International Capital Form S, ‘‘Purchases and Sales of Longterm Securities by Foreigners.’’ Form: International Capital Form S. Alcohol and Tobacco Tax and Trade Description: Form S is required by Bureau (TTB) law and is designed to collect timely information on international portfolio OMB Number: 1513–0042. capital movements, including Type of Review: Extension. foreigners’ purchases and sales of longTitle: Drawback on Distilled Spirits term securities in transactions with U.S. Exported. persons. The information will be used Form: TTB form F 5110.30. Description: TTB form 5110.30 is used in the computation of the U.S. balance of payments accounts and international by persons who export distilled spirits investment position, as well as in the and wish to claim a drawback of taxes already paid in the United States (U.S.). formulation of U.S. international The form describes the claimant, spirits financial and monetary policies. Respondents: Business or other forfor tax purposes, amount of tax to be refunded, and a certification by the U.S. profit. Estimated Total Burden Hours: 17,358 Government agent attesting to hours. exportation. Respondents: Business or other forOMB Number: 1505–0199. Type of Review: Revision. profit. Title: Treasury International Capital Estimated Total Burden Hours: 10,000 (TIC) Form D ‘‘Report of Holdings of, hours. Clearance Officer: Frank Foote (202) and Transactions in, Financial 927–9347, Alcohol and Tobacco Tax Derivatives Contracts with Foreign and Trade Bureau, Room 200 East, 1310 Residents. Form: International Capital Form D. G. Street, NW., Washington, DC 20005. Description: Form D is required by OMB Reviewer: Alexander T. Hunt law and is designed to collect timely (202) 395–7316, Office of Management PO 00000 Frm 00144 Fmt 4703 Sfmt 4703 E:\FR\FM\29NON1.SGM 29NON1 Federal Register / Vol. 70, No. 228 / Tuesday, November 29, 2005 / Notices information on international portfolio capital movements, including U.S. residents’ holdings of, and transactions in, financial derivatives contracts with foreign residents. The information will be used in the computation of the U.S. balance of payments accounts and international investment position, as well as in the formulation of U.S. international financial and monetary policies. Respondents: Business or other forprofit. Estimated Total Burden Hours: 5,490 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. E5–6673 Filed 11–28–05; 8:45 am] BILLING CODE 4810–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 8023 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 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 Form 8023, Elections Under Section 338 for Corporations Making Qualified Stock Purchases. Written comments should be received on or before January 30, 2006 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 form and instructions DATES: VerDate Aug<31>2005 20:13 Nov 28, 2005 Jkt 208001 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: Elections Under Section 338 for Corporations Making Qualified Stock Purchases. OMB Number: 1545–1428. Form Number: 8023. Abstract: Form 8023 is used by a corporation that acquires the stock of another corporation to elect to treat the purchase of stock as a purchase of the other corporation’s assets. This election allows the acquiring corporation to depreciate these assets and claim a deduction on its income tax return. IRS uses Form 8023 to determine if the election is properly made and as a check against the acquiring corporation’s deduction for depreciation. The form is also used to determine if the selling corporation reports the amount of sale in its income. Current Actions: There are no changes being made to Form 8023 at this time. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit organizations. Estimated Number of Respondents: 201. Estimated Time Per Respondent: 12 hr., 44 min. Estimated Total Annual Burden Hours: 5,559. 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 PO 00000 Frm 00145 Fmt 4703 Sfmt 4703 71603 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: November 18, 2005. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E5–6612 Filed 11–28–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service [FI–189–84] 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 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, FI–189–84 (TD 8517), Debt Instruments With Original Issue Discount; Imputed Interest on Deferred Payment Sales or Exchanges of Property (§§ 1.1272–3, 1.1273–2(h), 1.1274–3(d), 1.1274–5(b), 1.1274A–1(c), and 1.1274–3(b)). DATES: Written comments should be received on or before January 30, 2006 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– 3869, or at Internal Revenue Service, room 6516, Constitution Avenue NW., Washington, DC 20224, or through the Internet, at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Debt Instruments With Original Issue Discount; Imputed Interest on E:\FR\FM\29NON1.SGM 29NON1

Agencies

[Federal Register Volume 70, Number 228 (Tuesday, November 29, 2005)]
[Notices]
[Pages 71602-71603]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-6673]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

November 22, 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 December 29, 
2005 to be assured of consideration.

Departmental Office (DO)

    OMB Number: 1505-0001.
    Type of Review: Revision.
    Title: Treasury International Capital Form S, ``Purchases and Sales 
of Long-term Securities by Foreigners.''
    Form: International Capital Form S.
    Description: Form S is required by law and is designed to collect 
timely information on international portfolio capital movements, 
including foreigners' purchases and sales of long-term securities in 
transactions with U.S. persons. The information will be used in the 
computation of the U.S. balance of payments accounts and international 
investment position, as well as in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 17,358 hours.

    OMB Number: 1505-0199.
    Type of Review: Revision.
    Title: Treasury International Capital (TIC) Form D ``Report of 
Holdings of, and Transactions in, Financial Derivatives Contracts with 
Foreign Residents.
    Form: International Capital Form D.
    Description: Form D is required by law and is designed to collect 
timely

[[Page 71603]]

information on international portfolio capital movements, including 
U.S. residents' holdings of, and transactions in, financial derivatives 
contracts with foreign residents. The information will be used in the 
computation of the U.S. balance of payments accounts and international 
investment position, as well as in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 5,490 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. E5-6673 Filed 11-28-05; 8:45 am]
BILLING CODE 4810-P