Proposed Collection; Comment Request for Regulation Project, 35909 [E9-17209]

Download as PDF jlentini on DSKJ8SOYB1PROD with NOTICES Federal Register / Vol. 74, No. 138 / Tuesday, July 21, 2009 / Notices permit employees who are not using a designated financial institution to make salary reduction contributions to a SIMPLE IRA described in Internal Revenue Code section 408(p). Form 5305–SIMPLE is also a model SIMPLE IRA agreement, but it is for use with a designated financial institutions. Notice 98–4 provides guidance for employers and trustees regarding how they can comply with the requirements of Code section 408(p) in establishing and maintaining a SIMPLE IRA, including information regarding the notification and reporting requirements under Code section 408. Current Actions: There are no changes for the forms at this time. We are making this submission to renew the OMB approval. We are making this submission for renewal purposes. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations not-for-profit institutions, and individuals. Estimated Number of Respondents: 600,000. Estimated Time per Respondent: 3 hours, 31 minutes. Estimated Total Annual Burden Hours: 2,113,000. 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, VerDate Nov<24>2008 16:50 Jul 20, 2009 Jkt 217001 maintenance, and purchase of services to provide information. Approved: July 13, 2009. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. E9–17216 Filed 7–20–09; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service [EE–175–86; REG–108639–99] 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 final regulation, EE–175–86, (TD 8357), Certain Cash or Deferred Arrangements and Employee and Matching Contributions Under Employee Plans: REG–108639–99 (NPRM) Retirement Plans; Cash or Deferred Arrangements. DATES: Written comments should be received on or before September 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 the regulation should be directed to Evelyn J. Mack at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or at (202) 622–7381, or through the Internet at (Evelyn.J.Mack@irs.gov). SUPPLEMENTARY INFORMATION: Title: Certain Cash or Deferred Arrangements and Employee and Matching Contributions under Employee Plans: Retirement Plans; Cash or Deferred Arrangements. OMB Number: 1545–1069. Regulation Project Number: EE–175– 86; Reg–108639–99. Abstract: This regulation provide the public with the guidance needed to PO 00000 Frm 00070 Fmt 4703 Sfmt 4703 35909 comply with sections 40(k), 401(m), and 4979 of the Internal Revenue Code. The regulation affects sponsors of plans that contain cash or deferred arrangements of employee or matching contributions, and employees who are entitled to make elections under these plans. Current Actions: There is no changes to these existing regulations. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations, not-for-profit institutions, farms, and state, local, or tribal governments. Estimated Number of Respondents: 355,500. Estimated Time per Respondent: 3 hours. Estimated Total Annual Burden Hours: 1,060,000. 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: July 13, 2009. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. E9–17209 Filed 7–20–09; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\21JYN1.SGM 21JYN1

Agencies

[Federal Register Volume 74, Number 138 (Tuesday, July 21, 2009)]
[Notices]
[Page 35909]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-17209]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

[EE-175-86; REG-108639-99]


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 final regulation, EE-175-86, (TD 8357), Certain Cash or 
Deferred Arrangements and Employee and Matching Contributions Under 
Employee Plans: REG-108639-99 (NPRM) Retirement Plans; Cash or Deferred 
Arrangements.

DATES: Written comments should be received on or before September 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 the regulation should be directed to Evelyn J. Mack at 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or at (202) 622-7381, or through the Internet at 
(Evelyn.J.Mack@irs.gov).

SUPPLEMENTARY INFORMATION:
    Title: Certain Cash or Deferred Arrangements and Employee and 
Matching Contributions under Employee Plans: Retirement Plans; Cash or 
Deferred Arrangements.
    OMB Number: 1545-1069.
    Regulation Project Number: EE-175-86; Reg-108639-99.
    Abstract: This regulation provide the public with the guidance 
needed to comply with sections 40(k), 401(m), and 4979 of the Internal 
Revenue Code. The regulation affects sponsors of plans that contain 
cash or deferred arrangements of employee or matching contributions, 
and employees who are entitled to make elections under these plans.
    Current Actions: There is no changes to these existing regulations.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, not-
for-profit institutions, farms, and state, local, or tribal 
governments.
    Estimated Number of Respondents: 355,500.
    Estimated Time per Respondent: 3 hours.
    Estimated Total Annual Burden Hours: 1,060,000.
    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: July 13, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-17209 Filed 7-20-09; 8:45 am]
BILLING CODE 4830-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.