Proposed Collection; Comment Request, 76913 [E5-7901]

Download as PDF Federal Register / Vol. 70, No. 248 / Wednesday, December 28, 2005 / Notices Board, 1925 K Street, NW., Washington, DC 20423–0001.3 A copy of any petition filed with the Board should be sent to applicants’ representatives: Michael Smith, 311 S. Wacker Dr., Suite 3000, Chicago, IL 60606–6677, and Karl Morell, 1455 F Street, NW., Suite 225, Washington, DC 20005. If the verified notice contains false or misleading information, the exemptions are void ab initio. BNSF and ICE have filed environmental and historic reports which address the effects, if any, of the abandonment and discontinuance on the environment and historic resources. SEA will issue an environmental assessment (EA) by December 30, 2005. Interested persons may obtain a copy of the EA by writing to SEA (Room 500, Surface Transportation Board, Washington, DC 20423) or by calling SEA, at (202) 565–1539. [Assistance for the hearing impaired is available through the Federal Information Relay Service (FIRS) at 1–800–877–8339.] Comments on environmental and historic preservation matters must be filed within 15 days after the EA becomes available to the public. Environmental, historic preservation, public use, or trail use/rail banking conditions will be imposed, where appropriate, in a subsequent decision. Pursuant to the provisions of 49 CFR 1152.29(e)(2), BNSF shall file a notice of consummation with the Board to signify that it has exercised the authority granted and fully abandoned the line. If consummation has not been effected by BNSF’s filing of a notice of consummation by December 27, 2006, and there are no legal or regulatory barriers to consummation, the authority to abandon will automatically expire. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. Decided: December 22, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–24558 Filed 12–27–05 8:45 am] wwhite on PROD1PC65 with NOTICES BILLING CODE 4915–01–P 3 In response to the abandonment notice for the above-described rail line, the Village of Albany has filed requests for issuance of a public use condition under 49 U.S.C. 10905, and issuance of an interim trail use condition pursuant to section 8(d) of the National Trails System Act, 16 U.S.C. 1247(d). The Board will address both requests, and any others that may be timely filed, in a separate decision. VerDate Aug<31>2005 17:37 Dec 27, 2005 Jkt 208001 DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Proposed Collection; Comment Request Notice and request for comments. ACTION: SUMMARY: The Department of 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 Community Development Financial Institutions Fund (the Fund), a bureau of the Department of the Treasury, is soliciting comments concerning the New Markets Tax Credit (NMTC) Program—Allocation Application. DATES: Written comments should be received on or before February 27, 2006 to be assured of consideration. ADDRESSES: Direct all comments to Matt Josephs, New Markets Tax Credit Program Manager, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, Facsimile Number (202) 622–8911. FOR FURTHER INFORMATION CONTACT: The NMTC Allocation Application may be obtained from the Fund’s Web site at https://www.cdfifund.gov. Requests for additional information should be directed to Matt Josephs, New Markets Tax Credit Program Manager, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, or by phone to (202) 622–7373. SUPPLEMENTARY INFORMATION: Title: New Markets Tax Credit Program— Allocation Application. OMB Number: 1559–0016. Abstract: Title I, subtitle C, section 121 of the Community Renewal Tax Relief Act of 2000 (the Act), as enacted by section 1(a)(7) of the Consolidated Appropriations Act, 2001 (Pub. L. 106– 554, December 21, 2000), amended the Internal Revenue Code (IRC) by adding IRC § 45D, New Markets Tax Credit. Pursuant to IRC § 45D, the Department of the Treasury, through the Fund, administers the NMTC Program, which will provide an incentive to investors in the form of tax credits over seven years, which is expected to stimulate the PO 00000 Frm 00179 Fmt 4703 Sfmt 4703 76913 provision of private investment capital that, in turn, will facilitate economic and community development in lowincome communities. In order to qualify for an allocation of tax credits under the NMTC Program, an entity must be certified as a qualified community development entity and submit an allocation application to the CDFI Fund. Upon receipt of such applications, the CDFI Fund will conduct a competitive review process to evaluate applications for the receipt of NMTC allocations. Current Actions: Currently reviewing allocation applications. Type of review: Extension. Affected Public: Business or other forprofit institutions, not-for-profit institutions and State, local and Tribal entities. Estimated Number of Respondents: 250. Estimated Annual Time Per Respondent: 175 hours. Estimated Total Annual Burden Hours: 43,750 hours. Requests 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 technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services required to provide information. Authority: Consolidated Appropriations Act of 2001, Pub. L. 106–554; 31 U.S.C. 321. Dated: December 20, 2005. Arthur A. Garcia, Director, Community Development Financial Institutions Fund. [FR Doc. E5–7901 Filed 12–27–05; 8:45 am] BILLING CODE 4810–70–P E:\FR\FM\28DEN1.SGM 28DEN1

Agencies

[Federal Register Volume 70, Number 248 (Wednesday, December 28, 2005)]
[Notices]
[Page 76913]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-7901]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


 Proposed Collection; Comment Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of 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 Community Development Financial 
Institutions Fund (the Fund), a bureau of the Department of the 
Treasury, is soliciting comments concerning the New Markets Tax Credit 
(NMTC) Program--Allocation Application.

DATES: Written comments should be received on or before February 27, 
2006 to be assured of consideration.

ADDRESSES: Direct all comments to Matt Josephs, New Markets Tax Credit 
Program Manager, Community Development Financial Institutions Fund, 
U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, 
Washington, DC 20005, Facsimile Number (202) 622-8911.

FOR FURTHER INFORMATION CONTACT: The NMTC Allocation Application may be 
obtained from the Fund's Web site at https://www.cdfifund.gov. Requests 
for additional information should be directed to Matt Josephs, New 
Markets Tax Credit Program Manager, Community Development Financial 
Institutions Fund, U.S. Department of the Treasury, 601 13th Street, 
NW., Suite 200 South, Washington, DC 20005, or by phone to (202) 622-
7373.

SUPPLEMENTARY INFORMATION: Title: New Markets Tax Credit Program--
Allocation Application.
    OMB Number: 1559-0016.
    Abstract: Title I, subtitle C, section 121 of the Community Renewal 
Tax Relief Act of 2000 (the Act), as enacted by section 1(a)(7) of the 
Consolidated Appropriations Act, 2001 (Pub. L. 106-554, December 21, 
2000), amended the Internal Revenue Code (IRC) by adding IRC Sec.  45D, 
New Markets Tax Credit. Pursuant to IRC Sec.  45D, the Department of 
the Treasury, through the Fund, administers the NMTC Program, which 
will provide an incentive to investors in the form of tax credits over 
seven years, which is expected to stimulate the provision of private 
investment capital that, in turn, will facilitate economic and 
community development in low-income communities. In order to qualify 
for an allocation of tax credits under the NMTC Program, an entity must 
be certified as a qualified community development entity and submit an 
allocation application to the CDFI Fund. Upon receipt of such 
applications, the CDFI Fund will conduct a competitive review process 
to evaluate applications for the receipt of NMTC allocations.
    Current Actions: Currently reviewing allocation applications.
    Type of review: Extension.
    Affected Public: Business or other for-profit institutions, not-
for-profit institutions and State, local and Tribal entities.
    Estimated Number of Respondents: 250.
    Estimated Annual Time Per Respondent: 175 hours.
    Estimated Total Annual Burden Hours: 43,750 hours.

Requests 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 technology; and (e) estimates 
of capital or start-up costs and costs of operation, maintenance, and 
purchase of services required to provide information.

    Authority: Consolidated Appropriations Act of 2001, Pub. L. 106-
554; 31 U.S.C. 321.

    Dated: December 20, 2005.
Arthur A. Garcia,
Director, Community Development Financial Institutions Fund.
[FR Doc. E5-7901 Filed 12-27-05; 8:45 am]
BILLING CODE 4810-70-P

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