Submission for OMB Review; Comment Request, 48348-48349 [E9-22783]
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Federal Register / Vol. 74, No. 182 / Tuesday, September 22, 2009 / Notices
extension would therefore have a de
minimus impact on the overall safety of
U.S. highways.
2. The petitioner stated that the
exempted vehicles would comply with
all FMVSSs other than the provisions
that are subject to the extension request.
3. Lamborghini stated that a denial of
the requested exemption would affect
its goodwill, dealers, and service
personnel by their inability to continue
business with the Murcielago (i.e., to
have a top-of-the-line model available
for U.S. dealers).
4. Lamborghini stated that the
Murcielago is likely to be operated only
on a limited basis and the requested
extension will have a negligible impact
on the overall safety of U.S. highways.
The petitioner stated that research
indicates that the Murcielago is driven
on average only about 5,000 miles per
year.
5. Lamborghini stated that by its very
nature, it is extremely rare that the
Murcielago transports children.
6. The petitioner cited the
Murcielago’s safety record, which it
called excellent. Both in the U.S. and
the rest of the world, Lamborghini
stated that it knows of no injuries
caused by the Murcielago’s current air
bag system. Lamborghini stated that
given the very low volume of
Lamborghini sales, such instances of
death or injury, if they were to occur,
would be known to the company.
Therefore, Lamborghini stated, the
vehicle guarantees a very high safety
level even without an advanced air bag
system, due, in part, to the
crashworthiness design of the vehicle
necessitated by its very high
performance.
7. Lamborghini argued that if the
exemption is not granted, U.S.
consumer choice would be harmed and
that the agency has long maintained that
the National Traffic and Motor Vehicle
Safety Act seeks, if possible, to avoid
limiting consumer choice.
8. Lamborghini stated that it provides
as standard equipment safety features
that are not required by the FMVSS,
which it states are in the public interest,
including: passenger air bag on-off
switch (which serves a key purpose at
which advanced air bags are aimed—
protection of smaller occupants),
antilock brake system (ABS), traction
control, 4-wheel drive, occupant
protection in a frontal pole test at 35
kilometers per hour, and roadster roof
crush resistance at 2.5 times the a mass
of vehicle.
V. Issuance of Notice of Final Action
We are providing a 30-day comment
period. After considering public
VerDate Nov<24>2008
21:23 Sep 21, 2009
Jkt 217001
comments and other available
information, we will publish a notice of
final action on the application in the
Federal Register.
Issued on: September 17, 2009.
Stephen R. Kratzke,
Associate Administrator for Rulemaking.
[FR Doc. E9–22799 Filed 9–21–09; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
September 15, 2009.
The Department of the Treasury will
submit the following public information
collection requirement(s) to OMB for
review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13 on or after the date
of publication of this notice. 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, and 1750
Pennsylvania Avenue, NW.,
Washington, DC 20220.
Dates: Written comments should be
received on or before October 22, 2009
to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545–2142.
Type of Review: Extension.
Form: 8038–CP.
Title: Form 8038–CP—Return for
Credit Payments to Issuers of Qualified
Bonds.
Description: Form 8038–CP, Return
for Credit Payments to Issuers of
Qualified Bonds, will be used to make
direct payments to State and local
governments. The American Recovery
and Reinvestment Act of 2009, Public
Law 111–5, provides State and local
governments with the option of issuing
a tax credit bond instead of a tax-exempt
governmental obligation bond. The bill
gives State and local governments the
option to receive a direct payment from
the Federal government equal to a
subsidy that would have been received
through the Federal tax credit for bonds.
Respondents: State, Local, and Tribal
Governments.
Estimated Total Burden Hours:
134,600 hours.
OMB Number: 1545–2141.
Type of Review: Extension.
Title: NOT–2009–31—Election and
Notice Procedures for Multiemployer
PO 00000
Frm 00128
Fmt 4703
Sfmt 4703
Plans under Sections 204 and 205 of
WRERA.
Description: The guidance in this
notice implements temporary, elective
relief under the Workers, Retirees, and
Employers Relief Act of 2008 (WRERA),
which was enacted this past December,
for multiemployer pension plans from
certain funding requirements.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours: 1,600
hours.
OMB Number: 1545–1993.
Type of Review: Extension.
Title: Notice 2006–54, Alternative
Fuel Motor Vehicle Credit.
Description: This notice sets forth a
process that allows taxpayers who
purchase alternative fuel motor vehicles
to rely on the domestic manufacturer’s
(or, in the case of a foreign
manufacturer, its domestic distributor’s)
certification that both a particular make,
model, and year of vehicle qualifies as
an alternative fuel motor vehicle under
Sec. 30B(a)(4) and (e) of the Internal
Revenue Code and the amount of the
credit allowable with respect to the
vehicle.
Respondents: Individuals or
Households.
Estimated Total Burden Hours: 600
hours.
OMB Number: 1545–1801.
Type of Review: Extension.
Title: Revenue Procedure 2002–67,
Settlement of Section 351 Contingent
Liability Tax Shelter Cases.
Description: This revenue procedure
prescribes procedures for taxpayers who
elect to participate in a settlement
initiative aimed at resolving tax shelter
cases involving contingent liability
transactions that are the same or similar
to those described in Notice 2001–17
(‘‘contingent liability transactions’’).
There are two resolution methodologies:
a fixed concession procedure and a fast
track dispute resolution procedure that
includes binding arbitration.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours: 7,500
hours.
OMB Number: 1545–1837.
Type of Review: Extension.
Title: Revenue Procedure 2003–36,
Industry Issue Program.
Description: Revenue Procedure
2003–36 describes the procedures for
business taxpayers, industry
associations, and others representing
business taxpayers to submit issues for
resolution under the IRS’s Industry
Issues Resolution Program.
Respondents: Businesses or other forprofits.
E:\FR\FM\22SEN1.SGM
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sroberts on DSKD5P82C1PROD with NOTICES
Federal Register / Vol. 74, No. 182 / Tuesday, September 22, 2009 / Notices
Estimated Total Burden Hours: 2,000
hours.
OMB Number: 1545–1814.
Type of Review: Extension.
Form: 1099–CAP.
Title: Changes in Corporate Control
and Capital Structure.
Description: Any corporation that
undergoes reorganization under
Regulation section 1.6043–4T with
stock, cash, and other property over
$100 million must file Form 1099–CAP
with the IRS shareholders.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours: 67
hours.
OMB Number: 1545–2140.
Type of Review: Extension.
Form: 8935, 8935–T.
Title: Form 8935—Airplane Payments
Report.
Description: Form 8935 will provide
to the employee, current or former, the
amount of the payment that was
received from the airline that is eligible
for rollover treatment into a Roth IRA.
Form 8935–T is a new transmittal form
developed for filing information
reporting Forms 8935, Airline Payments
Reports, with the Service via paper
filing.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours: 44
hours.
OMB Number: 1545–2143.
Type of Review: Extension.
Title: Notice 2009–26, Build America
Bonds and Direct Payment Subsidy
Implementation.
Description: This Notice provides
guidance on the new tax incentives for
Build America Bonds under § 54AA of
the Internal Revenue Code (‘‘Code’’) and
the implementation plans for the
refundable credit payment procedures
for these bonds. This Notice includes
guidance on the modified Build
America Bond program for Recovery
Zone Economic Development Bonds
under § 1400U–2 of the Code. This
Notice provides guidance on the initial
refundable credit payment procedures,
required elections, and information
reporting. This Notice solicits public
comments on the refundable credit
payment procedures for these bonds.
This Notice is intended to facilitate
prompt implementation of the Build
America Bond program and to enable
state and local governments to begin
issuing these bonds for authorized
purposes to promote economic recovery
and job creation.
Respondents: State, Local, and Tribal
Governments.
Estimated Total Burden Hours: 15,000
hours.
VerDate Nov<24>2008
21:23 Sep 21, 2009
Jkt 217001
OMB Number: 1545–1014.
Type of Review: Extension.
Form: 1066, Schedule Q (Form 1066).
Title: Form 1066, U.S. Real Estate
Mortgage Investment Conduit (REMIC)
Income Tax Return; Schedule Q (Form
1066) Quarterly Notice to Residual
Interest Holder of REMIC Taxable
Income or Net Loss.
Description: Form 1066 and Schedule
Q (Form 1066) are used by a real estate
mortgage investment conduit (REMIC)
to figure its tax liability and income and
other tax-related information to pass
through to its residual holders. IRS uses
the information to determine the correct
tax liability of the REMIC and its
residual holders.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours:
756,580 hours.
OMB Number: 1545–2001.
Type of Review: Extension.
Title: Rev. Proc. 2006–16, Renewal
Community Depreciation Provisions
Description: This revenue procedure
provides the time and manner for states
to make retroactive allocations of
commercial revitalization expenditure
amounts to certain buildings placed is
service in the expanded area of renewal
community pursuant to Sec. 1400E(g) of
the Internal Revenue Code.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours: 150
hours.
Clearance Officer: R. Joseph Durbala,
(202) 622–3634, Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
OMB Reviewer: Shagufta Ahmed,
(202) 395–7873, Office of Management
and Budget, Room 10235, New
Executive Office Building, Washington,
DC 20503.
Celina Elphage,
Treasury PRA Clearance Officer.
[FR Doc. E9–22783 Filed 9–21–09; 8:45 am]
48349
DATES: This notice is effective on
September 22, 2009.
FOR FURTHER INFORMATION CONTACT:
Wanda J. Rogers, Deputy Commissioner,
Financial Management Service, 401
14th Street, SW., Washington, DC;
telephone (202) 874–7000.
SUPPLEMENTARY INFORMATION: Pursuant
to U.S.C. 4314(c)(4), this notice is given
of the appointment of individuals to
serve as members of the FMS PRB. This
Board reviews the performance
appraisals of career senior executives
below the Assistant Commissioner level
and makes recommendations regarding
ratings, bonuses, and other personnel
actions. Four voting members constitute
a quorum. The names and titles of the
EMS PRB members are as follows:
Primary Members:
Wanda J. Rogers, Deputy Commissioner
Scott H. Johnson, Assistant
Commissioner, Debt Management
Services
Sheryl R. Morrow, Assistant
Commissioner, Federal Finance
Rita Bratcher, Assistant Commissioner,
Payment Management
Charles R. Simpson, Assistant
Commissioner, Information Resources
D. James Sturgill, Assistant
Commissioner, Govermentwide
Accounting
David Rebich, Assistant Commissioner,
Management (Chief Financial Officer)
Dated: September 8, 2009.
Wanda J. Rogers,
Deputy Commissioner.
[FR Doc. E9–22649 Filed 9–21–09; 8:45 am]
BILLING CODE M
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–124312–02]
Proposed Collection; Comment
Request for Regulation Project
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Financial Management Service
Senior Executive Service; Financial
Management Service Performance
Review Board (PRB)
AGENCY: Financial Management Service,
Treasury.
ACTION: Notice.
SUMMARY: This notice announces the
appointment of members to the
Financial Management Service (EMS)
Performance Review Board (PRB).
PO 00000
Frm 00129
Fmt 4703
Sfmt 4703
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
E:\FR\FM\22SEN1.SGM
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]]>Agencies
[Federal Register Volume 74, Number 182 (Tuesday, September 22, 2009)]
[Notices]
[Pages 48348-48349]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-22783]
=======================================================================
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
September 15, 2009.
The Department of the Treasury will submit the following public
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or
after the date of publication of this notice. 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, and 1750
Pennsylvania Avenue, NW., Washington, DC 20220.
Dates: Written comments should be received on or before October 22,
2009 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-2142.
Type of Review: Extension.
Form: 8038-CP.
Title: Form 8038-CP--Return for Credit Payments to Issuers of
Qualified Bonds.
Description: Form 8038-CP, Return for Credit Payments to Issuers of
Qualified Bonds, will be used to make direct payments to State and
local governments. The American Recovery and Reinvestment Act of 2009,
Public Law 111-5, provides State and local governments with the option
of issuing a tax credit bond instead of a tax-exempt governmental
obligation bond. The bill gives State and local governments the option
to receive a direct payment from the Federal government equal to a
subsidy that would have been received through the Federal tax credit
for bonds.
Respondents: State, Local, and Tribal Governments.
Estimated Total Burden Hours: 134,600 hours.
OMB Number: 1545-2141.
Type of Review: Extension.
Title: NOT-2009-31--Election and Notice Procedures for
Multiemployer Plans under Sections 204 and 205 of WRERA.
Description: The guidance in this notice implements temporary,
elective relief under the Workers, Retirees, and Employers Relief Act
of 2008 (WRERA), which was enacted this past December, for
multiemployer pension plans from certain funding requirements.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 1,600 hours.
OMB Number: 1545-1993.
Type of Review: Extension.
Title: Notice 2006-54, Alternative Fuel Motor Vehicle Credit.
Description: This notice sets forth a process that allows taxpayers
who purchase alternative fuel motor vehicles to rely on the domestic
manufacturer's (or, in the case of a foreign manufacturer, its domestic
distributor's) certification that both a particular make, model, and
year of vehicle qualifies as an alternative fuel motor vehicle under
Sec. 30B(a)(4) and (e) of the Internal Revenue Code and the amount of
the credit allowable with respect to the vehicle.
Respondents: Individuals or Households.
Estimated Total Burden Hours: 600 hours.
OMB Number: 1545-1801.
Type of Review: Extension.
Title: Revenue Procedure 2002-67, Settlement of Section 351
Contingent Liability Tax Shelter Cases.
Description: This revenue procedure prescribes procedures for
taxpayers who elect to participate in a settlement initiative aimed at
resolving tax shelter cases involving contingent liability transactions
that are the same or similar to those described in Notice 2001-17
(``contingent liability transactions''). There are two resolution
methodologies: a fixed concession procedure and a fast track dispute
resolution procedure that includes binding arbitration.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 7,500 hours.
OMB Number: 1545-1837.
Type of Review: Extension.
Title: Revenue Procedure 2003-36, Industry Issue Program.
Description: Revenue Procedure 2003-36 describes the procedures for
business taxpayers, industry associations, and others representing
business taxpayers to submit issues for resolution under the IRS's
Industry Issues Resolution Program.
Respondents: Businesses or other for-profits.
[[Page 48349]]
Estimated Total Burden Hours: 2,000 hours.
OMB Number: 1545-1814.
Type of Review: Extension.
Form: 1099-CAP.
Title: Changes in Corporate Control and Capital Structure.
Description: Any corporation that undergoes reorganization under
Regulation section 1.6043-4T with stock, cash, and other property over
$100 million must file Form 1099-CAP with the IRS shareholders.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 67 hours.
OMB Number: 1545-2140.
Type of Review: Extension.
Form: 8935, 8935-T.
Title: Form 8935--Airplane Payments Report.
Description: Form 8935 will provide to the employee, current or
former, the amount of the payment that was received from the airline
that is eligible for rollover treatment into a Roth IRA. Form 8935-T is
a new transmittal form developed for filing information reporting Forms
8935, Airline Payments Reports, with the Service via paper filing.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 44 hours.
OMB Number: 1545-2143.
Type of Review: Extension.
Title: Notice 2009-26, Build America Bonds and Direct Payment
Subsidy Implementation.
Description: This Notice provides guidance on the new tax
incentives for Build America Bonds under Sec. 54AA of the Internal
Revenue Code (``Code'') and the implementation plans for the refundable
credit payment procedures for these bonds. This Notice includes
guidance on the modified Build America Bond program for Recovery Zone
Economic Development Bonds under Sec. 1400U-2 of the Code. This Notice
provides guidance on the initial refundable credit payment procedures,
required elections, and information reporting. This Notice solicits
public comments on the refundable credit payment procedures for these
bonds. This Notice is intended to facilitate prompt implementation of
the Build America Bond program and to enable state and local
governments to begin issuing these bonds for authorized purposes to
promote economic recovery and job creation.
Respondents: State, Local, and Tribal Governments.
Estimated Total Burden Hours: 15,000 hours.
OMB Number: 1545-1014.
Type of Review: Extension.
Form: 1066, Schedule Q (Form 1066).
Title: Form 1066, U.S. Real Estate Mortgage Investment Conduit
(REMIC) Income Tax Return; Schedule Q (Form 1066) Quarterly Notice to
Residual Interest Holder of REMIC Taxable Income or Net Loss.
Description: Form 1066 and Schedule Q (Form 1066) are used by a
real estate mortgage investment conduit (REMIC) to figure its tax
liability and income and other tax-related information to pass through
to its residual holders. IRS uses the information to determine the
correct tax liability of the REMIC and its residual holders.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 756,580 hours.
OMB Number: 1545-2001.
Type of Review: Extension.
Title: Rev. Proc. 2006-16, Renewal Community Depreciation
Provisions
Description: This revenue procedure provides the time and manner
for states to make retroactive allocations of commercial revitalization
expenditure amounts to certain buildings placed is service in the
expanded area of renewal community pursuant to Sec. 1400E(g) of the
Internal Revenue Code.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 150 hours.
Clearance Officer: R. Joseph Durbala, (202) 622-3634, Internal
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington,
DC 20224.
OMB Reviewer: Shagufta Ahmed, (202) 395-7873, Office of Management
and Budget, Room 10235, New Executive Office Building, Washington, DC
20503.
Celina Elphage,
Treasury PRA Clearance Officer.
[FR Doc. E9-22783 Filed 9-21-09; 8:45 am]
BILLING CODE 4830-01-P
