Proposed Collection; Comment Request for Revenue Procedure, 45901 [E9-21345]
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Federal Register / Vol. 74, No. 171 / Friday, September 4, 2009 / Notices
leverage limited research funding in
STEP with other stakeholders and
partners in order to increase the total
amount of resources available to address
the nation’s surface transportation
research needs.
In FY 2010, the FHWA anticipates
that it is likely to receive funds for STEP
or other research funding to:
(1) Conduct research to develop
climate change mitigation and
adaptation strategies;
(2) Improve state of the practice
regarding livability and the impact of
transportation on the environment;
(3) Develop and/or support the
implementation of models and tools for
evaluating transportation measures and
develop indicators of economic, social,
and environmental performance of
transportation systems;
(4) Develop and deploy research to
address congestion reduction efforts;
(5) Develop transportation safety
planning strategies for surface
transportation systems and
improvements;
(6) Improve planning, operation, and
management of surface transportation
systems and rights of way;
(7) Enhance knowledge of strategies to
improve transportation in rural areas
and small communities;
(8) Strengthen and advance State/
local and tribal capabilities regarding
surface transportation and the
environment;
(9) Improve transportation
decisionmaking and coordination across
borders;
(10) Conduct research to promote
environmental streamlining/
stewardship;
(11) Disseminate research results and
advances in state of the practice through
peer exchanges, workshops,
conferences, etc;
(12) Meet additional priorities as
determined by the Secretary; and
(13) Refine the scope and research
emphases through active outreach and
in consultation with stakeholders.
The FHWA is issuing this notice to:
(1) Announce the proposed FY 2010
STEP Implementation Strategy in
anticipation of future surface
transportation legislation, and (2) solicit
comments on proposed research
activities likely to be undertaken in the
FY 2010 STEP via the STEP Web site.
The STEP Implementation Strategy
includes updated information regarding
historical planning and environment
research funding and proposed FY 2010
STEP funding levels, goals, and research
activities.
We invite the public to visit this Web
site to obtain additional information on
STEP, as well as information on the
VerDate Nov<24>2008
17:16 Sep 03, 2009
Jkt 217001
process for forwarding comments to
FHWA regarding the STEP
implementation plan. The URL for the
STEP Web site is:https://
www.fhwa.dot.gov/hep/step/index.htm.
The FHWA will use this Web site as a
major mechanism for informing the
public regarding the status of STEP.
Authority: 23 U.S.C. 507.
Issued on August 31, 2009.
Victor M. Mendez,
Federal Highway Administrator.
[FR Doc. E9–21378 Filed 9–3–09; 8:45 am]
BILLING CODE 4910–22–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[Revenue Procedure 2009–37]
Proposed Collection; Comment
Request for Revenue Procedure
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 revenue procedure, RP 2009–
37, Internal Revenue Code Section
108(i) Election.
DATES: Written comments should be
received on or before November 3, 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 regulations should be
directed to Allan Hopkins at Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–6665, or
through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Internal Revenue Code Section
108(i) Election.
OMB Number: 1545–2147.
Regulation Project Number: Revenue
Procedure 2009–37.
Abstract: The law allows taxpayers to
defer for 5 years taxation of certain
PO 00000
Frm 00100
Fmt 4703
Sfmt 4703
45901
income arising in 2009 or 2010.
Taxpayers then must include the
deferred amount in income ratably over
5 years. The election statement advises
that a taxpayer makes the election and
the election and information statements
provide information necessary to track
the income. Respondents are C
corporations and other persons in a
business that reacquire debt
instruments.
Current Actions: There is no change to
this revenue procedure.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
50,000.
Estimated Time per Respondent: 6
hours.
Estimated Total Annual Burden
Hours: 300,000.
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: August 26, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–21345 Filed 9–3–09; 8:45 am]
BILLING CODE 4830–01–P
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]]>Agencies
[Federal Register Volume 74, Number 171 (Friday, September 4, 2009)]
[Notices]
[Page 45901]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-21345]
=======================================================================
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[Revenue Procedure 2009-37]
Proposed Collection; Comment Request for Revenue Procedure
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 revenue procedure, RP 2009-37, Internal Revenue Code Section
108(i) Election.
DATES: Written comments should be received on or before November 3,
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 regulations should be directed to Allan Hopkins at
Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622-6665, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Internal Revenue Code Section 108(i) Election.
OMB Number: 1545-2147.
Regulation Project Number: Revenue Procedure 2009-37.
Abstract: The law allows taxpayers to defer for 5 years taxation of
certain income arising in 2009 or 2010. Taxpayers then must include the
deferred amount in income ratably over 5 years. The election statement
advises that a taxpayer makes the election and the election and
information statements provide information necessary to track the
income. Respondents are C corporations and other persons in a business
that reacquire debt instruments.
Current Actions: There is no change to this revenue procedure.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 50,000.
Estimated Time per Respondent: 6 hours.
Estimated Total Annual Burden Hours: 300,000.
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: August 26, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-21345 Filed 9-3-09; 8:45 am]
BILLING CODE 4830-01-P
