Yadkin Railroad Company-Abandonment Exemption-in Stanly County, NC; Norfolk Southern Railway Company-Discontinuance of Service Exemption-in Stanly County, NC, 66364-66365 [E6-19036]

Download as PDF sroberts on PROD1PC70 with NOTICES 66364 Federal Register / Vol. 71, No. 219 / Tuesday, November 14, 2006 / Notices Total Annual Burden Hours: 18 hours (4 respondents × 4.5 hours). Total Annual ‘‘Non-Hour Burden’’ Cost: Range is between $.50 and $2,550, depending on size and class of carrier. Needs and Uses: Under 49 U.S.C. 10903(c)(2) and 49 CFR 1152.10– 1152.13, all rail carriers subject to the Board’s jurisdiction are required to maintain, publish, and submit to the Board a complete diagram of the transportation system operated. These carriers are also required to publish and submit any amendments to their system diagram maps (SDMs) as necessary to keep the SDMs current. Under the Board’s regulations, 49 CFR 1152.10(a), a Class III carrier (a carrier with assets of not more than $20 million in 1991 dollars), may submit the same information in narrative form. The information sought in this collection identifies all lines in a particular railroad’s system, categorized to indicate the likelihood that service on a particular line will be abandoned and/ or whether service on a line is currently provided under the financial assistance provisions of 49 U.S.C. 10904. This information constitutes advance notice to the Board and the public about likely decreases in the availability of rail service and provides a valuable planning tool for the Board and the shipping public. It facilitates informed decision making by the Board, and permits shippers and communities to participate in Board proceedings that may affect them, to submit timely proposals for continuing rail service under the feeder-line acquisition program (49 U.S.C. 10907(b)(i)), and/or to plan for alternative means of transportation. Deadline: Persons wishing to comment on this information collection should submit comments by December 14, 2006. ADDRESSES: Written comments should be directed to the Office of Management and Budget, Office of Information and Regulatory Affairs, Attention: Surface Transportation Board Desk Officer, Room 10235, 725 17th Street, NW., Washington, DC 20503, or to Alexander_T._Hunt@omb.eop.gov. Comments should be identified as ‘‘Paperwork Reduction Act Comments, Surface Transportation Board, System Diagram Map, OMB Control Number 2140–0003.’’ FOR FURTHER INFORMATION CONTACT: A copy of the regulations pertaining to this information collection may be obtained by contacting Barbara G. Saddler at (202) 565–1656 or saddlerb@stb.dot.gov. These rules can also be found on the Board’s Web site at http:// VerDate Aug<31>2005 19:07 Nov 13, 2006 Jkt 211001 www.stb.dot.gov by searching under ‘‘ELibrary,’’ and then ‘‘Research Aids.’’ SUPPLEMENTARY INFORMATION: Under the PRA, a Federal agency conducting or sponsoring a collection of information must display a currently valid OMB control number. Collection of information, which is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c), includes agency requirements that persons submit reports, keep records, or provide information to the agency, third parties, or the public. Section 3507(b) of the PRA requires, concurrent with an agency’s submitting a collection to OMB for approval, a 30-day notice and comment period through publication in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information. Dated: November 14, 2006. Vernon A. Williams, Secretary. [FR Doc. E6–19180 Filed 11–13–06; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Docket No. AB–290 (Sub-No. 281X); STB Docket No. AB–290 (Sub-No. 270X)] Yadkin Railroad Company— Abandonment Exemption—in Stanly County, NC; Norfolk Southern Railway Company—Discontinuance of Service Exemption—in Stanly County, NC Yadkin Railroad Company (Yadkin) and Norfolk Southern Railway Company (NSR) (collectively, applicants), have jointly filed a notice of exemption under 49 CFR Part 1152 Subpart F—Exempt Abandonments and Discontinuances of Service for Yadkin to abandon, and for NSR to discontinue service over, a 4.14mile line of railroad between milepost N 27.50 in North Albemarle and milepost N 31.64 in Albemarle, Stanly County, NC. The line traverses United States Postal Service Zip Code 28001. The line includes the former stations of North Albemarle and Albemarle. Applicants have certified that: (1) No local traffic has moved over the line for at least 2 years; (2) any overhead traffic on the line can be rerouted over other lines; (3) no formal complaint filed by a user of rail service on the line (or by a State or local government entity acting on behalf of such user) regarding cessation of service over the line either is pending with the Board or with any U.S. District Court or has been decided in favor of complainant within the 2year period; and (4) the requirements of PO 00000 Frm 00063 Fmt 4703 Sfmt 4703 49 CFR 1105.7 (environmental report), 49 CFR 1105.8 (historic report), 49 CFR 1105.11 (transmittal letter), 49 CFR 1105.12 (newspaper publication) and 49 CFR 1152.50(d)(1) (notice to governmental agencies) have been met. As a condition to this exemption, any employee adversely affected by the abandonment and discontinuance shall be protected under Oregon Short Line R. Co.—Abandonment—Goshen, 360 I.C.C. 91 (1979). To address whether this condition adequately protects affected employees, a petition for partial revocation under 49 U.S.C. 10502(d) must be filed. Provided no formal expression of intent to file an offer of financial assistance (OFA) has been received, this exemption will be effective on December 14, 2006, unless stayed pending reconsideration. Petitions to stay that do not involve environmental issues,1 formal expressions of intent to file an OFA under 49 CFR 1152.27(c)(2),2 and trail use/rail banking requests under 49 CFR 1152.29 must be filed by November 24, 2006. Petitions to reopen or requests for public use conditions under 49 CFR 1152.28 must be filed by December 4, 2006, with the Surface Transportation Board, 1925 K Street, NW., Washington, DC 20423– 0001. A copy of any petition filed with the Board should be sent to applicants’ representative: James R. Paschall, Senior General Attorney, Norfolk Southern Corporation, Three Commercial Place, Norfolk, VA 23510. If the verified notice contains false or misleading information, the exemption is void ab initio. Applicants 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 November 17, 2006. Interested persons may obtain a copy of the EA by writing to SEA (Room 500, Surface Transportation Board, Washington, DC 20423–0001) or by calling SEA at (202) 565–1539. [Assistance for the hearing 1 The Board will grant a stay if an informed decision on environmental issues (whether raised by a party or by the Board’s Section of Environmental Analysis (SEA) in its independent investigation) cannot be made before the exemption’s effective date. See Exemption of Outof-Service Rail Lines, 5 I.C.C.2d 377 (1989). Any request for a stay should be filed as soon as possible so that the Board may take appropriate action before the exemption’s effective date. 2 Each OFA must be accompanied by the filing fee, which was increased to $1,300 effective on April 19, 2006. See Regulations Governing Fees for Services Performed in Connection with Licensing and Related Services—2006 Update, STB Ex Parte No. 542 (Sub-No. 13) (STB served Mar. 20, 2006). E:\FR\FM\14NON1.SGM 14NON1 Federal Register / Vol. 71, No. 219 / Tuesday, November 14, 2006 / Notices 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), Yadkin 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 Yadkin’s filing of a notice of consummation by November 14, 2007, 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 http:// www.stb.dot.gov. Decided: November 3, 2006. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. E6–19036 Filed 11–13–06; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request November 7, 2006. The Department of the 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 14, 2006 to be assured of consideration. sroberts on PROD1PC70 with NOTICES Internal Revenue Service (IRS) OMB Number: 1545–1546. Type of Review: Extension. Title: Revenue Procedure 97–33, EFTPS (Electronic Federal Tax Payment System). Description: Some taxpayers are required by regulations issued under VerDate Aug<31>2005 19:07 Nov 13, 2006 Jkt 211001 Sec. 6302(h) of the Internal Revenue Code to make Federal Tax Deposits (FTDs) using the Electronic Federal Tax Payment System (EFTPS). Other taxpayers may choose to voluntarily participate in EFTPS. EFTPS requires that a taxpayer complete an enrollment form to provide the information the IRS needs to properly credit the taxpayer’s account. Revenue 97–33 provides procedures and information that will help taxpayers to electronically make FTDs and tax payments through EFTPS. Respondents: Businesses, farms, and not-for-profit institutions. Estimated Total Burden Hours: 278,622 hours. OMB Number: 1545–0052. Type of Review: Extension. Title: Form 990–PF, Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation, and Form 4720, Return of Certain Excise Taxes on Charities. Form: 990–PF and 4720. Description: IRC section 6033 requires all private foundations, including section 4947(a)(1) trusts treated as private foundations, to file an annual information return. Section 53.4940– 1(a) of the Income Tax Regulations requires that the tax on net investment income be reported on the return filed under section 6033. Form 990–PF is used for this purpose. Section 6011 requires a report of taxes under Chapter 42 of the Code for prohibited acts by private foundation and certain related parties. Form 4720 is used by foundations and/or related persons to report prohibited activities in detail and pay the tax on them. Respondents: Not-for-profit institutions. Estimated Total Burden Hours: 11,029,293 hours. OMB Number: 1545–0687. Title: Exempt Organization Business Income Tax Return. Type of Review: Extension. Form: 990–T. Description: Form 990–T is needed to compute the section 511 tax on unrelated business income of a charitable organization. IRS uses the information to enforce the tax. Respondents: Not-for-profit institutions. Estimated Total Burden Hours: 5,271,224 hours. OMB Number: 1545–2020. Title: Information Returns Required with Respect to Certain Foreign Corporations and Certain ForeignOwned Domestic Corporations. Type of Review: Extension. Description: This document contains final and temporary regulations that PO 00000 Frm 00064 Fmt 4703 Sfmt 4703 66365 provide guidance under section 6038 and 6038A of the Internal Revenue Code. The final regulations under Sec. 1.6038–2 are revised to remove and replace obsolete references to a form and IRS offices. The temporary regulations clarify the information required to be furnished regarding certain related party transactions of certain foreign corporations and certain foreign-owned domestic corporations. Specifically, in addition to the types of transactions listed in Sec. 1.6038– 2(f)(11) taxpayers are required to report the sales of tangible property other than stock in trade on Form 5471. Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 1,250 hours. OMB Number: 1545–0212. Title: Application for Extension of Time to File Certain Employee Plan Returns. Type of Review: Extension. Form: 5558. Description: This form is used by employers to request an extension of time to file the employee plan annual information return/report (Form 5500 series) or employee plan excise tax return (Form 5330). The data supplied on Form 5558 is used to determine if such extension of time is warranted. Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 185,724 hours. OMB Number: 1545–0028. Title: Employer’s Annual Federal Unemployment (FUTA) Tax Return (Form 940). Type of Review: Revision. Form: 940. Description: IRC section 3301 imposes a tax on employees based on the first $7,000 of taxable annual wages paid to each employee. IRS uses the information reported on Forms 940 and 940–PR (Puerto Rico) to ensure that employers have reported and figured the correct FUTA Wages and tax. There is a decrease in burden due to the net decrease of 25 line items from Form 940 and an increase of 6 line items on the 940 worksheet. Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 16,695,730 hours. OMB Number: 1545–0123. Title: Form 1120, U.S. Corp. Income Tax Return, Schedule D, Capital Gains and Losses, Schedule H, Section 280H Limitations for a Personal Service Corporation (PSC). Type of Review: Extension. Form: 1120. E:\FR\FM\14NON1.SGM 14NON1

Agencies

[Federal Register Volume 71, Number 219 (Tuesday, November 14, 2006)]
[Notices]
[Pages 66364-66365]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-19036]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Docket No. AB-290 (Sub-No. 281X); STB Docket No. AB-290 (Sub-No. 
270X)]


Yadkin Railroad Company--Abandonment Exemption--in Stanly County, 
NC; Norfolk Southern Railway Company--Discontinuance of Service 
Exemption--in Stanly County, NC

    Yadkin Railroad Company (Yadkin) and Norfolk Southern Railway 
Company (NSR) (collectively, applicants), have jointly filed a notice 
of exemption under 49 CFR Part 1152 Subpart F--Exempt Abandonments and 
Discontinuances of Service for Yadkin to abandon, and for NSR to 
discontinue service over, a 4.14-mile line of railroad between milepost 
N 27.50 in North Albemarle and milepost N 31.64 in Albemarle, Stanly 
County, NC. The line traverses United States Postal Service Zip Code 
28001. The line includes the former stations of North Albemarle and 
Albemarle.
    Applicants have certified that: (1) No local traffic has moved over 
the line for at least 2 years; (2) any overhead traffic on the line can 
be rerouted over other lines; (3) no formal complaint filed by a user 
of rail service on the line (or by a State or local government entity 
acting on behalf of such user) regarding cessation of service over the 
line either is pending with the Board or with any U.S. District Court 
or has been decided in favor of complainant within the 2-year period; 
and (4) the requirements of 49 CFR 1105.7 (environmental report), 49 
CFR 1105.8 (historic report), 49 CFR 1105.11 (transmittal letter), 49 
CFR 1105.12 (newspaper publication) and 49 CFR 1152.50(d)(1) (notice to 
governmental agencies) have been met.
    As a condition to this exemption, any employee adversely affected 
by the abandonment and discontinuance shall be protected under Oregon 
Short Line R. Co.--Abandonment--Goshen, 360 I.C.C. 91 (1979). To 
address whether this condition adequately protects affected employees, 
a petition for partial revocation under 49 U.S.C. 10502(d) must be 
filed.
    Provided no formal expression of intent to file an offer of 
financial assistance (OFA) has been received, this exemption will be 
effective on December 14, 2006, unless stayed pending reconsideration. 
Petitions to stay that do not involve environmental issues,\1\ formal 
expressions of intent to file an OFA under 49 CFR 1152.27(c)(2),\2\ and 
trail use/rail banking requests under 49 CFR 1152.29 must be filed by 
November 24, 2006. Petitions to reopen or requests for public use 
conditions under 49 CFR 1152.28 must be filed by December 4, 2006, with 
the Surface Transportation Board, 1925 K Street, NW., Washington, DC 
20423-0001.
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    \1\ The Board will grant a stay if an informed decision on 
environmental issues (whether raised by a party or by the Board's 
Section of Environmental Analysis (SEA) in its independent 
investigation) cannot be made before the exemption's effective date. 
See Exemption of Out-of-Service Rail Lines, 5 I.C.C.2d 377 (1989). 
Any request for a stay should be filed as soon as possible so that 
the Board may take appropriate action before the exemption's 
effective date.
    \2\ Each OFA must be accompanied by the filing fee, which was 
increased to $1,300 effective on April 19, 2006. See Regulations 
Governing Fees for Services Performed in Connection with Licensing 
and Related Services--2006 Update, STB Ex Parte No. 542 (Sub-No. 13) 
(STB served Mar. 20, 2006).
---------------------------------------------------------------------------

    A copy of any petition filed with the Board should be sent to 
applicants' representative: James R. Paschall, Senior General Attorney, 
Norfolk Southern Corporation, Three Commercial Place, Norfolk, VA 
23510.
    If the verified notice contains false or misleading information, 
the exemption is void ab initio.
    Applicants 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 November 17, 2006. Interested persons may obtain a 
copy of the EA by writing to SEA (Room 500, Surface Transportation 
Board, Washington, DC 20423-0001) or by calling SEA at (202) 565-1539. 
[Assistance for the hearing

[[Page 66365]]

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), Yadkin 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 Yadkin's filing of a notice of 
consummation by November 14, 2007, 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 http:/
/www.stb.dot.gov.

    Decided: November 3, 2006.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
 [FR Doc. E6-19036 Filed 11-13-06; 8:45 am]
BILLING CODE 4915-01-P