Submission for OMB Review; Comment Request, 12423 [E6-3434]

Download as PDF Federal Register / Vol. 71, No. 47 / Friday, March 10, 2006 / Notices motor vehicle safety and that no corrective action is warranted. Kawasaki states that there is little or no reason to expect an owner of these vehicles to have difficulty inflating the tires properly or understanding the loading information ‘‘since the motorcycle owner is provided with the appropriate information in English units, which are far more prevalent in use in the United States.’’ Further, Kawasaki states that the motorcycles are small and most often used for short distance commuting, and therefore ‘‘not likely to be ridden outside of the United States to jurisdictions where tire inflation equipment would be less likely to be calibrated in English units.’’ NHTSA agrees that the noncompliance is inconsequential to safety. The correct English unit information required by FMVSS No. 119 is provided and therefore is likely to achieve the safety purpose of the requirement. NHTSA granted a petition for a similar noncompliance by Bridgestone/Firestone North American Tire, LLC in 2004 (69 FR 75106, December 15, 2004). In consideration of the foregoing, NHTSA has decided that the petitioner has met its burden of persuasion that the noncompliance described is inconsequential to motor vehicle safety. Accordingly, Kawasaki’s petition is granted and the petitioner is exempted from the obligation of providing notification of, and a remedy for, the noncompliance. Authority: (49 U.S.C. 30118, 30120; delegations of authority at CFR 1.50 and 501.8). Community Development Financial Institutions Fund, Department of the Treasury. ACTION: Additional information regarding the administration of New Markets Tax Credit allocation authority created by the Gulf Opportunity Zone Act of 2005. AGENCY: Submission for OMB Review; Comment Request March 6, 2006. dsatterwhite on PROD1PC65 with PROPOSAL BILLING CODE 4830–01–P Amendment of Notice of Allocation Availability (NOAA) for the CY 2006 Allocation Round of the New Markets Tax Credit Program DEPARTMENT OF THE TREASURY 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 Jkt 208001 Michael A. Robinson, Treasury PRA Clearance Officer. [FR Doc. E6–3434 Filed 3–9–06; 8:45 am] Community Development Financial Institutions Fund BILLING CODE 4910–59–P 20:31 Mar 09, 2006 Internal Revenue Service (IRS) OMB Number: 1545–XXXX. Type of Review: New. Title: Statement for Individuals who begin or end Bona Fide Residence in a U.S. Possession. Form: IRS Form–8898. Description: Form 8898 is required by new code section 937, which added by the American Jobs Creation Act of 2004. Under 937, individuals must notify the IRS when they begin or end bona fide residence in a U.S. possession. The purpose of the information collected is to prevent abusive tax avoidance. Respondents: Individuals or households. Estimated Total Burden Hours: 389,000 hours. Clearance Officer: Glenn P. Kirkland, (202) 622–3428, Internal Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224. OMB Reviewer: Alexander T. Hunt, (202) 395–7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. DEPARTMENT OF THE TREASURY Issued on: March 6, 2006. Daniel C. Smith, Associate Administrator for Enforcement. [FR Doc. E6–3412 Filed 3–9–06; 8:45 am] VerDate Aug<31>2005 Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before April 10, 2006 to be assured of consideration. SUMMARY: The Gulf Opportunity Zone Act of 2005 (GO Zone Act or Act) was signed into law on December 21, 2005 (Pub. L. 109–135). The GO Zone Act provides $1 billion of additional New Markets Tax Credit (NMTC) allocation authority for use by Community Development Entities (CDEs) with a significant mission of recovery and PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 12423 redevelopment of the Gulf Opportunity Zone (GO Zone). The Act makes available an additional $300 million in allocation authority for each of the calendar year (CY) 2005 and 2006 allocation rounds and an additional $400 million in allocation authority for the CY 2007 allocation round. Pursuant to Section 45D(f)(3) of the Internal Revenue Code, the Community Development Financial Institutions (CDFI) Fund will carry over the CY 2005 allocation authority to the CY 2006 allocation round that was announced by the Notice of Allocation Availability published on July 15, 2005 (70 FR 41075), as amended on September 14, 2005 (70 FR 54446) (together, the NOAA), such that an additional $600 million in allocation authority will be available for allocation to applicants in the CY 2006 round of the NMTC Program that satisfy the GO Zone allocation eligibility requirements set forth below. Go Zone Allocation Eligibility: Through this notice, the CDFI Fund is not soliciting, nor will it accept, any new applications for the CY 2006 NMTC Program allocation round. To be eligible to receive an allocation from the $600 million of GO Zone allocation authority available in the CY 2006 NMTC Program allocation round, an applicant must meet all of the following criteria: (i) The applicant must have submitted an allocation application by the deadline required by the NOAA (or by any deadline extension authorized by the CDFI Fund); (ii) The applicant must have satisfied all eligibility requirements contained in the NOAA (including minimum scoring thresholds set forth in section V.B of the NOAA); and (iii) The applicant must have a significant mission of recovery and redevelopment of the GO Zone. In order to demonstrate a ‘‘significant mission of recovery and redevelopment of the GO Zone,’’ a CDE must have, at a minimum: (A) Indicated (in its response to Question #12 of the allocation application) that the GO Zone is included within its particular geographic service area; (B) specified (in its response to Question #29 of the allocation application) that it intends to target activities to Low-Income Communities in certain Federal Emergency Management Agency (FEMA)-declared disaster areas; and (C) demonstrated to the satisfaction of the CDFI Fund that it has significant resources in the GO Zone to support its recovery and redevelopment efforts and a significant track record of providing financing and related services in the GO Zone. E:\FR\FM\10MRN1.SGM 10MRN1

Agencies

[Federal Register Volume 71, Number 47 (Friday, March 10, 2006)]
[Notices]
[Page 12423]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-3434]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

March 6, 2006.
    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 April 10, 2006 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-XXXX.
    Type of Review: New.
    Title: Statement for Individuals who begin or end Bona Fide 
Residence in a U.S. Possession.
    Form: IRS Form-8898.
    Description: Form 8898 is required by new code section 937, which 
added by the American Jobs Creation Act of 2004. Under 937, individuals 
must notify the IRS when they begin or end bona fide residence in a 
U.S. possession. The purpose of the information collected is to prevent 
abusive tax avoidance.
    Respondents: Individuals or households.
    Estimated Total Burden Hours: 389,000 hours.
    Clearance Officer: Glenn P. Kirkland, (202) 622-3428, Internal 
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, 
DC 20224.
    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. E6-3434 Filed 3-9-06; 8:45 am]
BILLING CODE 4830-01-P
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