Submission for OMB Review; Comment Request, 30914 [E7-10690]
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30914
Federal Register / Vol. 72, No. 106 / Monday, June 4, 2007 / Notices
Issued on: May 30, 2007.
James S. Simpson,
Administrator.
[FR Doc. 07–2774 Filed 5–31–07; 11:09 am]
BILLING CODE 4910–57–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
May 25, 2007.
rwilkins on PROD1PC63 with NOTICES
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 July 5, 2007 to be
assured of consideration.
Federal Consulting Group
OMB Number: 1505–0196.
Type of Review: Extension.
Title: Litigation Management—
Information Collection Regarding
Proposed Settlements.
Form: TRIP 03.
Description: Section 103(a) and 104 of
the Terrorism Risk Insurance Act of
2002 (Pub. L. 107–297) authorize the
Department of the Treasury to
administer and implement the
temporary Terrorism Risk Insurance
Program established by the Act. Section
107 contains specific provisions
designed to manage litigation arising out
of or resulting from a certified act of
terrorism. The Terrorism Risk Insurance
Extension Act of 2005, Public Law 109–
144, added section 107(a)(6) to TRIA,
which provides that procedures and
requirements established by the
Secretary under 31 CFR 50.82, as in
effect on the date of issuance of that
section in final form [July 28, 2004],
shall apply to any Federal cause of
action described in section 107(a)(1).
Section 50.82 of the regulations requires
insurers to submit to Treasury for
advance approval certain proposed
settlements involving an insured loss,
any part of the payment of which the
insurer intends to submit as part of its
claim for Federal payment under the
Program. The collection of information
in the notice of proposed settlement in
VerDate Aug<31>2005
20:34 Jun 01, 2007
Jkt 211001
Section 50.83 that insurers must submit
to implement the settlement approval
process prescribed by Section 50.82.
Respondents: Business and other forprofit institutions.
Estimated Total Reporting Burden:
5,141 hours.
OMB Number: 1505–0197.
Type of Review: Extension.
Title: Recordkeeping Requirements
for Insurers Compensated Under
Terrorism Risk Insurance Program.
Description: Sections 103(a) and 104
of the Terrorism Risk Insurance Act of
2002 (Pub. L. 107–297) (as extended by
the Terrorism Risk Insurance Extension
Act of 2005, Pub. L. 109–144) authorize
the Department of the Treasury to
administer and implement the
Terrorism Risk Insurance Program
established by the Act. In 31 CFR part
50, subpart F (Sec. 50.50–50.55)
Treasury established requirements and
procedures for insurers that file claims
for payment of the Federal share of
compensation for insured losses
resulting from a certified act of terrorism
under the Act. Section 50.60 allows
Treasury access to records of an insurer
pertinent to amounts paid as the Federal
share of compensation for insured losses
in order to conduct investigations,
confirmations and audits. Section 50.61
requires insurers to retain all records as
are necessary to fully disclose all
material matters pertaining to insured
losses. This collection of information is
the recordkeeping requirement in
§ 50.61.
Respondents: Business and other forprofit institutions.
Estimated Total Reporting Burden:
833 hours.
Clearance Officer: Howard Leiken,
(202) 622–7139, Department of the
Treasury, 1425 New York Avenue, NW.,
Room 2113, 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.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. E7–10690 Filed 6–1–07; 8:45 am]
BILLING CODE 4811–37–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1041–ES
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
PO 00000
Frm 00172
Fmt 4703
Sfmt 4703
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
1041–ES, Estimated Income Tax for
Estates and Trusts.
DATES: Written comments should be
received on or before August 3, 2007 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. 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
should be directed to R. Joseph Durbala
at Internal Revenue Service, room 6516,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
3634, or through the internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Estimated Income Tax for
Estates and Trusts.
OMB Number: 1545–0971.
Form Number: Form 1041–ES.
Abstract: Internal Revenue Code
section 6654(1) imposes a penalty on
trusts, and in certain circumstances, a
decedent’s estate, for underpayment of
estimated tax. Form 1041–ES is used by
the fiduciary to make the estimated tax
payments. The form provides the IRS
with information to give estates and
trusts proper credit for estimated tax
payments.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
1,200,000.
Estimated Time Per Respondent: 2
hours, 38 minutes.
Estimated Total Annual Burden
Hours: 3,161,236.
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
E:\FR\FM\04JNN1.SGM
04JNN1
]]>Agencies
[Federal Register Volume 72, Number 106 (Monday, June 4, 2007)]
[Notices]
[Page 30914]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-10690]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
May 25, 2007.
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 July 5,
2007 to be assured of consideration.
Federal Consulting Group
OMB Number: 1505-0196.
Type of Review: Extension.
Title: Litigation Management--Information Collection Regarding
Proposed Settlements.
Form: TRIP 03.
Description: Section 103(a) and 104 of the Terrorism Risk Insurance
Act of 2002 (Pub. L. 107-297) authorize the Department of the Treasury
to administer and implement the temporary Terrorism Risk Insurance
Program established by the Act. Section 107 contains specific
provisions designed to manage litigation arising out of or resulting
from a certified act of terrorism. The Terrorism Risk Insurance
Extension Act of 2005, Public Law 109-144, added section 107(a)(6) to
TRIA, which provides that procedures and requirements established by
the Secretary under 31 CFR 50.82, as in effect on the date of issuance
of that section in final form [July 28, 2004], shall apply to any
Federal cause of action described in section 107(a)(1). Section 50.82
of the regulations requires insurers to submit to Treasury for advance
approval certain proposed settlements involving an insured loss, any
part of the payment of which the insurer intends to submit as part of
its claim for Federal payment under the Program. The collection of
information in the notice of proposed settlement in Section 50.83 that
insurers must submit to implement the settlement approval process
prescribed by Section 50.82.
Respondents: Business and other for-profit institutions.
Estimated Total Reporting Burden: 5,141 hours.
OMB Number: 1505-0197.
Type of Review: Extension.
Title: Recordkeeping Requirements for Insurers Compensated Under
Terrorism Risk Insurance Program.
Description: Sections 103(a) and 104 of the Terrorism Risk
Insurance Act of 2002 (Pub. L. 107-297) (as extended by the Terrorism
Risk Insurance Extension Act of 2005, Pub. L. 109-144) authorize the
Department of the Treasury to administer and implement the Terrorism
Risk Insurance Program established by the Act. In 31 CFR part 50,
subpart F (Sec. 50.50-50.55) Treasury established requirements and
procedures for insurers that file claims for payment of the Federal
share of compensation for insured losses resulting from a certified act
of terrorism under the Act. Section 50.60 allows Treasury access to
records of an insurer pertinent to amounts paid as the Federal share of
compensation for insured losses in order to conduct investigations,
confirmations and audits. Section 50.61 requires insurers to retain all
records as are necessary to fully disclose all material matters
pertaining to insured losses. This collection of information is the
recordkeeping requirement in Sec. 50.61.
Respondents: Business and other for-profit institutions.
Estimated Total Reporting Burden: 833 hours.
Clearance Officer: Howard Leiken, (202) 622-7139, Department of the
Treasury, 1425 New York Avenue, NW., Room 2113, 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.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. E7-10690 Filed 6-1-07; 8:45 am]
BILLING CODE 4811-37-P
