Proposed Collection; Comment Request for Regulation Project, 24075-24076 [E9-12144]
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Federal Register / Vol. 74, No. 98 / Friday, May 22, 2009 / Notices
information collection requirements
contained within OFAC’s Reporting,
Procedures and Penalties Regulations
set forth at 31 CFR part 501.
DATES: Written comments should be
received on or before July 21, 2009 to be
assured of consideration.
ADDRESSES: Direct all written comments
to ‘‘Paperwork Reduction Act’’ care of
the Policy Division, Office of Foreign
Assets Control, Department of the
Treasury, 1500 Pennsylvania Avenue,
NW., Annex—4th Floor, Washington,
DC 20220.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information
about the filings or procedures should
be directed to the Policy Division, Office
of Foreign Assets Control, Department
of the Treasury, 1500 Pennsylvania
Avenue, NW., Annex—4th Floor,
Washington, DC 20220.
SUPPLEMENTARY INFORMATION:
Title: Reporting, Procedures and
Penalties Regulations.
OMB Number: 1505–0164.
Agency Form Number: TD–F–90–
22.50.
Abstract: The collections of
information are contained in sections
501.601 through 501.605, 501.801, and
501.803 through 501.807 and pertain to
the operation of various economic
sanctions programs administered by
OFAC under 31 CFR Chapter V. Section
501.601 relates to the maintenance of
records, and section 501.602 relates to
OFAC demands for information relative
to any transaction or property subject to
the provisions of 31 CFR Chapter V.
Section 501.603 imposes reporting
requirements pertaining to blocked
assets and retained funds transfers. This
information is required by OFAC to
monitor compliance with regulatory
requirements, to support diplomatic
negotiations concerning the targets of
sanctions, and to support settlement
negotiations addressing U.S. claims.
Section 501.604 requires the filing of
reports for compliance purposes by U.S.
financial institutions where a funds
transfer is not required to be blocked but
is rejected because the underlying
transaction is otherwise prohibited.
Section 501.605 requires reporting of
information pertaining to litigation,
arbitration, and other binding
alternative dispute resolution
proceedings in the United States to
prevent the intentional or inadvertent
transfer through such proceedings of
blocked property or retained funds.
Sections 501.801 and 501.803 through
501.805 relate to license requests; the
amendment, modification or revocation
of licenses; rulemaking; and document
requests. Section 501.806 sets forth the
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procedures to be followed by a person
seeking to have funds released at a
financial institution if the person
believes that the funds were blocked
due to mistaken identity. Section
501.807 sets forth the procedures to be
followed by persons seeking
administrative reconsideration of their
designation or the designation of a
vessel as blocked, or who wish to assert
that the circumstances resulting in the
designation are no longer applicable.
The likely respondents and
recordkeepers affected by the
information collections contained in
part 501 are financial institutions,
business organizations, individuals, and
legal representatives. The estimated
total annual reporting and/or
recordkeeping burden is approximately
26,250 hours. The estimated annual
burden per respondent/record keeper
varies from 30 minutes to 10 hours,
depending on individual circumstances,
with an estimated average of 1.25 hours.
The estimated number of respondents
and/or record keepers is 21,000. The
estimated annual frequency of
responses: 1–12.
Current Actions: There are no changes
being made to the notice at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Financial
institutions, business organizations,
individuals, and legal representatives.
Estimated Number of Respondents:
21,000.
Estimated Time per Respondent: 1.25
hours.
Estimated Total Annual Burden
Hours: 26,250.
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 for five
years.
Request 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 has 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
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24075
collected; (d) ways to minimize the
burden of the collection of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: May 18, 2009.
Barbara C. Hammerle,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. E9–12005 Filed 5–21–09; 8:45 am]
BILLING CODE 4811–45–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–131478–02]
Proposed Collection; Comment
Request for Regulation Project
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
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 an
existing NPRM and Temporary, REG–
131478–02 Guidance Under Section
1502; Suspension of Losses on Certain
Stock Disposition.
DATES: Written comments should be
received on or before July 21, 2009 to be
assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of regulations should be directed
to Carolyn N. Brown, at (202) 622–6688,
or at Internal Revenue Service, room
6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet, at Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Guidance Under Section 1502;
Suspension of Losses on Certain Stock
Disposition.
OMB Number: 1545–1828.
Regulation Project Number: REG–
131478–02 (NPRM).
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24076
Federal Register / Vol. 74, No. 98 / Friday, May 22, 2009 / Notices
Abstract: The information in
§ 1.1502–35T(c) is necessary to ensure
that a consolidated group does not
obtain more than one tax benefit from
both the utilization of a loss from the
disposition of stock and the utilization
of a loss or deduction with respect to
another asset that reflects the same
economic loss; to allow the taxpayer to
make an election under § 1.1502–
35T(c)(5) that would benefit the
taxpayer; the election in § 1.1502–35T(f)
provides taxpayers the choice in the
case of a worthless subsidiary to utilize
a worthless stock deduction or absorb
the subsidiary’s losses; and § 1.1502–
35T(g)(3) applies to ensure that
taxpayers do not circumvent the loss
suspension rule of § 1.1502–35T(c) by
deconsolidating a subsidiary and then
re-importing to the group losses of such
subsidiary.
Current Actions: There is no change to
these existing regulations.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
7,500.
Estimated Time per Respondent: 2
hours.
Estimated Total Annual Burden
Hours: 15,000.
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
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
Request 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 automated collection
techniques or other forms of information
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14:18 May 21, 2009
Jkt 217001
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: May 19, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–12144 Filed 5–21–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0648]
Proposed Information Collection
(FMP); Comment Request
AGENCY: Veterans Health
Administration, Department of Veterans
Affairs.
ACTION: Notice.
SUMMARY: The Veterans Health
Administration (VHA) is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of a currently approved
collection, and allow 60 days for public
comment in response to the notice. This
notice solicits comments on information
needed to reimburse healthcare
providers for medical services provided
to veterans with service-connected
disabilities living or traveling overseas.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before July 21, 2009.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) https://www.Regulations.gov; or
to Mary Stout, Veterans Health
Administration (193E1), Department of
Veterans Affairs, 810 Vermont Avenue,
NW., Washington, DC 20420 or e-mail:
mary.stout@va.gov. Please refer to
‘‘OMB Control No. 2900–0648’’ in any
correspondence. During the comment
period, comments may be viewed online
through FDMS.
FOR FURTHER INFORMATION CONTACT:
Mary Stout at (202) 461–5867 or FAX
(202) 273–9381.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
3501—3521), Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
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Sfmt 4703
or sponsor. This request for comment is
being made pursuant to Section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VHA invites
comments on: (1) Whether the proposed
collection of information is necessary
for the proper performance of VHA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VHA’s estimate of
the burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Titles:
a. Foreign Medical Program (FMP)
Registration Form, VA Form 10–7959f–
1.
b. Claim Cover Sheet—Foreign
Medical Program (FMP), VA Form 10–
7959f–2.
OMB Control Number: 2900–0648.
Type of Review: Extension of a
currently approved collection.
Abstracts:
a. Veterans with service connected
disabilities living or traveling overseas
complete VA Form 10–7959f–1 to enroll
in the Foreign Medical Program.
b. Healthcare providers complete VA
Form 10–7959f–2 to submit claims for
payments or reimbursement of expenses
relating to veterans living or traveling
overseas (except for the Philippines)
with service-connected disability. VA
will accept provider’s generated billing
statement, Uniform Billing—Forms (UB)
04, and Medicare Health Insurance
Claims Form, CMS 1500 for payments or
reimbursements.
Affected Public: Individuals or
households.
Estimated Total Annual Burden:
a. Foreign Medical Program, VA Form
10–7959f–1—110 hours.
b. Claim Cover Sheet, VA Form 10–
7959f–2—3,652 hours.
Estimated Average Burden per
Respondent:
a. Foreign Medical Program, VA Form
10–7959f–1—4 minutes.
b. Claim Cover Sheet, VA Form 10–
7959f–2—11 minutes.
Frequency of Response: On occasion.
Estimated Number of Respondents:
a. Foreign Medical Program, VA Form
10–7959f–1—1,660.
b. Claim Cover Sheet, VA Form 10–
7959f–2—19,920.
Dated: May 18, 2009.
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]]>Agencies
[Federal Register Volume 74, Number 98 (Friday, May 22, 2009)]
[Notices]
[Pages 24075-24076]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-12144]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-131478-02]
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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 an
existing NPRM and Temporary, REG-131478-02 Guidance Under Section 1502;
Suspension of Losses on Certain Stock Disposition.
DATES: Written comments should be received on or before July 21, 2009
to be assured of consideration.
ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal
Revenue Service, room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of regulations should be directed to Carolyn N. Brown, at (202)
622-6688, or at Internal Revenue Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or through the Internet, at
Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Guidance Under Section 1502; Suspension of Losses on Certain
Stock Disposition.
OMB Number: 1545-1828.
Regulation Project Number: REG-131478-02 (NPRM).
[[Page 24076]]
Abstract: The information in Sec. 1.1502-35T(c) is necessary to
ensure that a consolidated group does not obtain more than one tax
benefit from both the utilization of a loss from the disposition of
stock and the utilization of a loss or deduction with respect to
another asset that reflects the same economic loss; to allow the
taxpayer to make an election under Sec. 1.1502-35T(c)(5) that would
benefit the taxpayer; the election in Sec. 1.1502-35T(f) provides
taxpayers the choice in the case of a worthless subsidiary to utilize a
worthless stock deduction or absorb the subsidiary's losses; and Sec.
1.1502-35T(g)(3) applies to ensure that taxpayers do not circumvent the
loss suspension rule of Sec. 1.1502-35T(c) by deconsolidating a
subsidiary and then re-importing to the group losses of such
subsidiary.
Current Actions: There is no change to these existing regulations.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 7,500.
Estimated Time per Respondent: 2 hours.
Estimated Total Annual Burden Hours: 15,000.
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 in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request 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 automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Approved: May 19, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-12144 Filed 5-21-09; 8:45 am]
BILLING CODE 4830-01-P
