Submission for OMB Review; Comment Request, 1577-1578 [E7-348]
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Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices
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
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to consummation, the authority to
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available on our Web site at
‘‘WWW.STB.DOT.GOV.’’
Decided: January 4, 2007.
By the Board, David M. Konschnik,
Director, Office of Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7–229 Filed 1–11–07; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
January 8, 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 February 12, 2007
to be assured of consideration.
rmajette on PROD1PC67 with NOTICES
Internal Revenue Service (IRS)
OMB Number: 1545–1559.
Type of Review: Extension.
Title: Revenue Procedures 98–46 and
97–44, LIFO Conformity Requirement.
Description: This document contains
final regulations addressing the carry
over of certain attributes, such as
VerDate Aug<31>2005
15:41 Jan 11, 2007
Jkt 211001
earnings and profits and foreign income
tax accounts, when two corporations
combine in a corporate reorganization or
liquidation that is described in both
section 367(b) and section 381 of the
Internal Revenue Code.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
100,000 hours.
OMB Number: 1545–1130.
Type of Review: Extension.
Title: Special Loss Discount Account
and Special Estimated Tax Payments for
Insurance Companies.
Form: 8816.
Description: Form 8816 is used by
insurance companies claiming an
additional deduction under IRC section
847 to reconcile their special loss
discount and special estimated tax
payments, and to determine their tax
benefit associated with the deduction.
The information is needed by the IRS to
determine that the proper additional
deduction was claimed and to insure
the proper amount of special estimated
tax was computed and deposited.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours: 1,983
hours.
OMB Number: 1545–1706.
Title: Revenue Procedure 2000–42
Section 1503(d) Closing Agreement
Requests.
Type of Review: Extension.
Description: Revenue Procedure
2000–42 informs taxpayers of the
information they must submit to request
a closing agreement under Reg.
S1.1503–2(g)(2)(iv)(B)(2)(i) to prevent
the recapture of dual consolidated
losses (DCLs) upon the occurrence of
certain triggering events.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours: 2,000
hours.
OMB Number: 1545–0240.
Title: Claim for Refund of Income Tax
Return Preparer Penalties.
Form: 6118.
Type of Review: Extension.
Description: Form 6118 is used by
preparers to file for a refund of penalties
incorrectly charged. The information
enables the IRS to process the claim and
have the refund issued to the tax return
preparer.
Respondents: Individuals or
Households.
Estimated Total Burden Hours: 9,300
hours.
OMB Number: 1545–1160.
Title: CO–93–90 (Final) Corporations;
Consolidated Returns-Special Rules
Relating To Dispositions and
Deconsolidations of Subsidiary Stock.
PO 00000
Frm 00092
Fmt 4703
Sfmt 4703
1577
Type of Review: Extension.
Description: These regulations
prevent elimination of corporate-level
tax because of the operation of the
consolidated returns investment
adjustment rules. Statements are
required for dispositions of a
subsidiary’s stock for which losses are
claimed, for basis reductions within 2
years of the stock’s deconsolidation, and
for elections by the common parent to
retain the NOLs of a disposed
subsidiary.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours: 6,000
hours.
OMB Number: 1545–1724.
Title: REG–109481–99 (Final) Special
Rules Under Section 417(a)(7) for
Written Explanations Provided by
Qualified Retirement Plans After
Annuity Starting Dates.
Type of Review: Extension.
Description: The collection of
information requirement in sections
1.417(e)–1(b)(3)(iv)(B) and 1.417(e)–
1(b)(3)(v)(A) is required to ensure that a
participant and the participant’s spouse
consent to a form of distribution from a
qualified plan that may result in
reduced periodic payments.
Respondents: Individuals or
households.
Estimated Total Burden Hours: 12,500
hours.
OMB Number: 1545–1450.
Title: FI–59–91 (Final), Debt
Instructions With Originals Issue
Discount; Contingent Payments; AntiAbuse Rule.
Type of Review: Extension.
Description: The regulations provide
definitions, general rules, and reporting
requirements for debt instruments that
provide for contingent payments. The
regulations also provide definitions,
general rules, and recordkeeping
requirements for integrated debt
instruments.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours: 89,000
hours.
OMB Number: 1545–1451.
Title: REG–248900–96 (Final),
Definition of Private Activity Bonds.
Type of Review: Extension.
Form: 8082.
Description: Section 103 provides
generally that interest on certain State or
local bonds is excluded from gross
income. However, under sections
103(b)(1) and 141, interest on private
activity bonds (other than qualified
bonds) is not excluded. The regulations
provide rules, for purposes of section
141, to determine how bond proceeds
E:\FR\FM\12JAN1.SGM
12JAN1
1578
Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices
are measured and used and how debt
service for those bonds is paid or
secured.
Respondents: State, local, or tribal
governments.
Estimated Total Burden Hours: 30,100
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.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. E7–348 Filed 1–11–07; 8:45 am]
BILLING CODE 4810–01–P
DEPARTMENT OF THE TREASURY
Community Development Financial
Institutions Fund
Proposed Collection; Comment
Request
Notice and request for
comments.
rmajette on PROD1PC67 with NOTICES
ACTION:
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 No. 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the
Community Development Financial
Institutions Fund (the Fund) of the
Department of the Treasury is soliciting
comments concerning a voluntary
information collection effort involving
all Fund Programs. The specific
information collection relates to the
voluntary collection of narrative
descriptions of projects financed by
Fund awardees and allocatees in
response to the public’s request for
better and more narrative information
on impact and best practices associated
with all of the Fund’s Programs. The
purpose is to more fully describe and
record the innovative approaches
community development financial
institutions (CDFIs) and community
development entities (CDEs) use in
revitalizing communities and serving
VerDate Aug<31>2005
15:41 Jan 11, 2007
Jkt 211001
families. Fund awardees and allocatees
will be invited to submit narratives on
one or more projects that they believe
demonstrate best practices or high
impact. The project description may be
for a project previously reported to the
Fund through the Community
Investment Impact System (CIIS) or for
a new project that has not yet been
reported in CIIS. The Fund plans to use
the descriptions in Fund publications
and on the Fund’s Web site to highlight
the work of its awardees and allocatees.
DATES: Written comments should be
received on or before March 13, 2007 to
be assured of consideration.
ADDRESSES: Direct all comments to Bob
Ibanez, Financial and Program Analyst,
Community Development Financial
Institutions Fund, U.S. Department of
the Treasury, 601 13th Street, NW.,
Suite 200 South, Washington, DC 20005,
Facsimile Number (202) 622–7754.
FOR FURTHER INFORMATION CONTACT: A
draft of the information collection may
be obtained from the Fund’s Web site at
https://www.cdfifund.gov. Requests for
additional information should be
directed to Bob Ibanez, Financial and
Program Analyst, 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) 927–6232.
SUPPLEMENTARY INFORMATION:
Title: CDFI/CDE Project Profile Web
Form.
Abstract: The voluntary collection of
narrative descriptions of projects
financed by Fund awardees and
allocatees via the CDFI/CDE Project
Profile Web Form is in response to the
public’s request for better and more
narrative information on impact and
best practices associated with all of the
Fund’s Programs. The purpose is to
more fully describe and record the
innovative approaches community
development financial institutions
(CDFIs) and community development
entities (CDEs) use in revitalizing
communities and serving families. Each
best practice is generated by one or
more of four CDFI Fund Programs:
1. Through the CDFI Program by
directly investing in, supporting and
training CDFIs that provide loans,
investments, financial services and
technical assistance to underserved
populations and communities;
2. Through the New Markets Tax
Credit (NMTC) Program by providing an
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
allocation of tax credit authority to
community development entities (CDEs)
which enable them to attract investment
from the private-sector and to reinvest
these amounts in low-income
communities;
3. Through the Bank Enterprise
Award (BEA) Program by providing an
incentive to banks to invest in their
communities and in other CDFIs; and
4. Through the Native American CDFI
Assistance (NACA) Program, by taking
action to provide financial assistance,
technical assistance, and training to
Native CDFIs and other Native entities
proposing to become or create Native
CDFIs.
Current Actions: Currently designing
and test marketing the CDFI/CDE Project
Profile Web Form.
Type of review: New.
Affected Public: CDFIs and CDEs;
including business or other for-profit
institutions, nonprofit entities, and
State, local and Tribal entities.
Estimated Number of Respondents:
100.
Estimated Annual Time per
Respondent: 2.5 Hours.
Estimated Total Annual Burden
Hours: 250 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; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of technology.
Authority: 12 U.S.C. 4703, 4703 note, 4704,
4706, 4707, 4717; 12 CFR part 1805;
Consolidated Appropriations Act of 2001,
Pub. L. No. 106–554; 31 U.S.C. 321.
Dated: January 4, 2007.
Peter Dugas,
Acting Director, Community Development
Financial Institutions Fund.
[FR Doc. E7–354 Filed 1–11–07; 8:45 am]
BILLING CODE 4810–70–P
E:\FR\FM\12JAN1.SGM
12JAN1
]]>Agencies
[Federal Register Volume 72, Number 8 (Friday, January 12, 2007)]
[Notices]
[Pages 1577-1578]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-348]
=======================================================================
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
January 8, 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 February 12,
2007 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1559.
Type of Review: Extension.
Title: Revenue Procedures 98-46 and 97-44, LIFO Conformity
Requirement.
Description: This document contains final regulations addressing
the carry over of certain attributes, such as earnings and profits and
foreign income tax accounts, when two corporations combine in a
corporate reorganization or liquidation that is described in both
section 367(b) and section 381 of the Internal Revenue Code.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 100,000 hours.
OMB Number: 1545-1130.
Type of Review: Extension.
Title: Special Loss Discount Account and Special Estimated Tax
Payments for Insurance Companies.
Form: 8816.
Description: Form 8816 is used by insurance companies claiming an
additional deduction under IRC section 847 to reconcile their special
loss discount and special estimated tax payments, and to determine
their tax benefit associated with the deduction. The information is
needed by the IRS to determine that the proper additional deduction was
claimed and to insure the proper amount of special estimated tax was
computed and deposited.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 1,983 hours.
OMB Number: 1545-1706.
Title: Revenue Procedure 2000-42 Section 1503(d) Closing Agreement
Requests.
Type of Review: Extension.
Description: Revenue Procedure 2000-42 informs taxpayers of the
information they must submit to request a closing agreement under Reg.
S1.1503-2(g)(2)(iv)(B)(2)(i) to prevent the recapture of dual
consolidated losses (DCLs) upon the occurrence of certain triggering
events.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 2,000 hours.
OMB Number: 1545-0240.
Title: Claim for Refund of Income Tax Return Preparer Penalties.
Form: 6118.
Type of Review: Extension.
Description: Form 6118 is used by preparers to file for a refund of
penalties incorrectly charged. The information enables the IRS to
process the claim and have the refund issued to the tax return
preparer.
Respondents: Individuals or Households.
Estimated Total Burden Hours: 9,300 hours.
OMB Number: 1545-1160.
Title: CO-93-90 (Final) Corporations; Consolidated Returns-Special
Rules Relating To Dispositions and Deconsolidations of Subsidiary
Stock.
Type of Review: Extension.
Description: These regulations prevent elimination of corporate-
level tax because of the operation of the consolidated returns
investment adjustment rules. Statements are required for dispositions
of a subsidiary's stock for which losses are claimed, for basis
reductions within 2 years of the stock's deconsolidation, and for
elections by the common parent to retain the NOLs of a disposed
subsidiary.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 6,000 hours.
OMB Number: 1545-1724.
Title: REG-109481-99 (Final) Special Rules Under Section 417(a)(7)
for Written Explanations Provided by Qualified Retirement Plans After
Annuity Starting Dates.
Type of Review: Extension.
Description: The collection of information requirement in sections
1.417(e)-1(b)(3)(iv)(B) and 1.417(e)-1(b)(3)(v)(A) is required to
ensure that a participant and the participant's spouse consent to a
form of distribution from a qualified plan that may result in reduced
periodic payments.
Respondents: Individuals or households.
Estimated Total Burden Hours: 12,500 hours.
OMB Number: 1545-1450.
Title: FI-59-91 (Final), Debt Instructions With Originals Issue
Discount; Contingent Payments; Anti-Abuse Rule.
Type of Review: Extension.
Description: The regulations provide definitions, general rules,
and reporting requirements for debt instruments that provide for
contingent payments. The regulations also provide definitions, general
rules, and recordkeeping requirements for integrated debt instruments.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 89,000 hours.
OMB Number: 1545-1451.
Title: REG-248900-96 (Final), Definition of Private Activity Bonds.
Type of Review: Extension.
Form: 8082.
Description: Section 103 provides generally that interest on
certain State or local bonds is excluded from gross income. However,
under sections 103(b)(1) and 141, interest on private activity bonds
(other than qualified bonds) is not excluded. The regulations provide
rules, for purposes of section 141, to determine how bond proceeds
[[Page 1578]]
are measured and used and how debt service for those bonds is paid or
secured.
Respondents: State, local, or tribal governments.
Estimated Total Burden Hours: 30,100 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.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. E7-348 Filed 1-11-07; 8:45 am]
BILLING CODE 4810-01-P
