Submission for OMB Review; Comment Request, 49438-49439 [E9-23273]

Download as PDF srobinson on DSKHWCL6B1PROD with NOTICES 49438 Federal Register / Vol. 74, No. 186 / Monday, September 28, 2009 / Notices States and may not be controlled by a foreign bank or company. Respondents: Businesses or other forprofit institutions. Estimated Total Reporting Burden: 200 hours. OMB Number: 1505–0214. Type of Review: Extension. Title: Troubled Assets Relief Program (TARP) Capital Purchase Program (CPP) All Participants Monthly Report. Description: Authorized under the Emergency Economic Stabilization Act (EESA) of 2008 (Pub. L. 110–343), the Department of the Treasury has implemented several aspects of the Troubled Asset Relief Program. Among these components is a voluntary Capital Purchase Program (CPP) under which the Department may purchase qualifying capital in U.S. banking organizations. The Treasury has so far invested capital through this program in over 400 financial institutions. As part of this program, Treasury would like to gauge, whether the capital injections made through the CPP are having the desired effect of ensuring liquidity within the banking system and thereby increasing lending activity. To gauge this, Treasury would like to monitor the lending activity of all CPP participants. The Treasury will be conducting evaluations using quarterly Call Report data supplied by these financial institutions to their primary regulator. However, in order to have a more frequent and timely snapshot of the current lending environment, Treasury is requesting the ability to conduct a monthly survey of all participants in the CPP in order to supplement the quarterly analysis. Respondents: Businesses or other forprofit institutions. Estimated Total Reporting Burden: 48,000 hours. OMB Number: 1505–0215. Type of Review: Extension. Title: Legacy Systems Public-Private Investment Fund Application. Description: Authorized under the Emergency Economic Stabilization Act (EESA) of 2008 (Pub. L. 110–343), the Department of the Treasury is implementing several aspects of the Troubled Asset Relief Program. The statute provides the Secretary broad authority to purchase and insure mortgage assets, and to purchase any other financial instrument that the Secretary, in consultation with the Federal Reserve Chairman, determines necessary to stabilize our financial markets. The TARP includes several components including a voluntary Legacy Securities Public Private Investment Fund (PPIF). Under this VerDate Nov<24>2008 16:33 Sep 25, 2009 Jkt 217001 plan the Treasury will contribute equity funding equal to or less than the private capital raised by private investors. In addition Treasury will consider requests for loans from Treasury in amounts of up to 100% of the total equity capital (Treasury plus private) of a Legacy Security PPIF. The Treasury is seeking applicant information for financial institutions that seek participation in the Legacy Securities PPIF. Respondents: Businesses or other forprofit institutions. Estimated Total Reporting Burden: 1,200 hours. Clearance Officer: Suzanne Tosini, (202) 927–9627, 1801 L Street NW, Washington, DC 20220. OMB Reviewer: OIRA Desk Officer, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. oira_submission@omb.eop.gov. Robert Dahl, Treasury PRA Clearance Officer. [FR Doc. E9–23271 Filed 9–25–09; 8:45 am] monetary policies. This survey is also part of an international effort coordinated by the IMF to improve worldwide balance of payments statistics. Respondents are primarily the largest banks, securities dealers, and investors. Respondents: Businesses or other forprofit institutions. Estimated Total Reporting Burden: 40,740 hours. Clearance Officer: Dwight Wolkow, (202) 622–2176, 1500 Pennsylvania Avenue, Room 2064D, Washington, DC 20220. OMB Reviewer: OIRA Desk Officer, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503, oira_submission@omb.eop.gov. Robert Dahl, Treasury PRA Clearance Officer. [FR Doc. E9–23272 Filed 9–25–09; 8:45 am] BILLING CODE 4810–25–P BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request September 21, 2009. Submission for OMB Review; Comment Request September 22, 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 11020, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before October 28, 2009 to be assured of consideration. Office of Foreign Portfolio Investment OMB Number: 1505–0146. Type of Review: Extension. Title: Survey of U.S. Ownership of Foreign Securities. Description: The survey will collect information on U.S. holdings of foreign securities. The information will be used in the computation of the U.S. balance of payments accounts and international investments position, as well as in the formulation of U.S. financial and PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 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 28, 2009 to be assured of consideration. Internal Revenue Service (IRS) OMB Number: 1545–0175. Type of Review: Revision. Form: 4626. Title: Alternative Minimum TaxCorporations. Description: Form 4626 is used by corporations to calculate their alternative minimum tax. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 2,611,200 hours. OMB Number: 1545–0217. Type of Review: Extension. E:\FR\FM\28SEN1.SGM 28SEN1 srobinson on DSKHWCL6B1PROD with NOTICES Federal Register / Vol. 74, No. 186 / Monday, September 28, 2009 / Notices Form: 5735. Title: Form 5735, American Samoa Economic Development Credit. Description: Form 5735 is used to figure the American Samoa economic development credit under section 30A. The credit is generally allowed against income tax imposed by Chapter 1. A domestic corporation (other than an S corporation) that is an existing credit claimant with respect to American Samoa must complete Form 5735 for each year the American Samoa economic development credit election is in effect. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 127 hours. OMB Number: 1545–0644. Type of Review: Extension. Form: 6781. Title: Gains and Losses from Section 1256 Contracts and Straddles. Description: Form 6781 is used by taxpayers to compute their gains and losses from section 1256 contracts and straddles and their special tax treatment. The data is used to verify that the tax reported accurately reflects any such gains and losses. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 903,236 hours. OMB Number: 1545–0887. Type of Review: Extension. Form: 8281. Title: Information Return for Publicity Offered Original Issue Discount Instruments. Description: Form 8281 is filed by the issuer of a publicly offered debt instrument having OID. The information is used to update Pub. 1212, List of Original Issue Discount Instruments. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 3,060 hours. OMB Number: 1545–0745. Type of Review: Extension. Title: LR–27–83 (Temporary) Floor Stocks Credits or Refunds and Consumer Credits or Refunds With Respect to Certain Tax-Repealed Articles; Excise Tax on Heavy Trucks; LR–54–85 (Temporary) Excise Tax on. Description: LR–27–83 requires sellers of trucks, trailers and semitrailers, and tractors to maintain records of the gross vehicle weights of articles sold to verify taxability. LR–54–85 requires that if the sale is to be treated as exempt, the seller and the purchaser must be registered and the purchaser must give the seller a resale certificate. Respondents: Businesses or other forprofits. VerDate Nov<24>2008 16:33 Sep 25, 2009 Jkt 217001 Estimated Total Burden Hours: 4,140 hours. OMB Number: 1545–1975. Type of Review: Extension. Form: Schedule F (Form 1040). Title: Profit or Loss from Farming. Description: Schedule F (Form 1040) is used by individuals to report their employment taxes. The data is used to verify that the items reported on the form is correct and also for general statistical use. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 7,796,240 hours. OMB Number: 1545–1989. Type of Review: Extension. Title: Notice 2009–53—Credit for Nonbusiness Energy Property. Description: This notice updates interim guidance, pending the issuance of regulations, relating to the credit for nonbusiness energy property under § 25C of the Internal Revenue Code. Specifically, this notice provides procedures that manufacturers may follow to certify property as either eligible building envelope components or qualified energy property, as well as guidance regarding the conditions under which taxpayers seeking to claim the § 25C credit may rely on a manufacturer’s certification. Respondents: Individuals and Households. Estimated Total Burden Hours: 350 hours. OMB Number: 1545–1438. Type of Review: Extension. Title: CO–8–91 (Final) Distributions of Stock and Stock Rights. Description: The requested information is required to notify the Service that a holder of preferred stock callabe at a premium by the issuer has made a determination regarding the likelihood of exercise of the right to call that is different from the issuer’s determination. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 333 hours. OMB Number: 1545–1163. Type of Review: Extension. Form: 8822. Title: Change of Address. Description: Form 8822 is used by taxpayers to notify the Internal Revenue Service that they have changed their home or business. Respondents: Individuals and Households. Estimated Total Burden Hours: 258,334 hours. OMB Number: 1545–2003. Type of Review: Extension. PO 00000 Frm 00080 Fmt 4703 Sfmt 4703 49439 Title: Notice 2006–24, Qualifying Advanced Coal Project Program. Description: This notice establishes the qualifying advanced coal project program under sec. 48A of the Internal Revenue Code. The notice provides the time and manner for a taxpayer to apply for an allocation of qualifying advanced coal project credits and, once the taxpayer has received this allocation, the time and manner for the taxpayer to file for a certification of its qualifying advanced coal project. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 4,950 hours. OMB Number: 1545–2009. Type of Review: Extension. Form: 13285–A. Title: Reducing Tax Burden on America’s Taxpayers. Description: The IRS Office of Taxpayer Burden Reduction (TBR) needs the taxpaying public’s help to identify meaningful taxpayer burden reduction opportunities that impact a large number of taxpayers. This form should be used to refer ideas for reducing taxpayer burden to the TBR for consideration and implementation. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 62 hours. OMB Number: 1545–1035. Type of Review: Extension. Form: 8611. Title: Recapture of Low-Income Housing Credit. Description: IRC section 42 permits owners of residential rental projects providing low-income housing to claim a credit against their income tax. If the property is disposed of or it falls to meet certain requirements over a 15-year compliance period and a bond is not posted, the owner must recapture on Form 8611 part of the credit(s) taken in prior years. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 7,842 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. E9–23273 Filed 9–25–09; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\28SEN1.SGM 28SEN1

Agencies

DEPARTMENT OF THE TREASURY

[Federal Register Volume 74, Number 186 (Monday, September 28, 2009)]
[Notices]
[Pages 49438-49439]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-23273]


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

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

September 21, 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 28, 
2009 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0175.
    Type of Review: Revision.
    Form: 4626.
    Title: Alternative Minimum Tax-Corporations.
    Description: Form 4626 is used by corporations to calculate their 
alternative minimum tax.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 2,611,200 hours.

    OMB Number: 1545-0217.
    Type of Review: Extension.

[[Page 49439]]

    Form: 5735.
    Title: Form 5735, American Samoa Economic Development Credit.
    Description: Form 5735 is used to figure the American Samoa 
economic development credit under section 30A. The credit is generally 
allowed against income tax imposed by Chapter 1. A domestic corporation 
(other than an S corporation) that is an existing credit claimant with 
respect to American Samoa must complete Form 5735 for each year the 
American Samoa economic development credit election is in effect.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 127 hours.

    OMB Number: 1545-0644.
    Type of Review: Extension.
    Form: 6781.
    Title: Gains and Losses from Section 1256 Contracts and Straddles.
    Description: Form 6781 is used by taxpayers to compute their gains 
and losses from section 1256 contracts and straddles and their special 
tax treatment. The data is used to verify that the tax reported 
accurately reflects any such gains and losses.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 903,236 hours.
    OMB Number: 1545-0887.
    Type of Review: Extension.
    Form: 8281.
    Title: Information Return for Publicity Offered Original Issue 
Discount Instruments.
    Description: Form 8281 is filed by the issuer of a publicly offered 
debt instrument having OID. The information is used to update Pub. 
1212, List of Original Issue Discount Instruments.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 3,060 hours.

    OMB Number: 1545-0745.
    Type of Review: Extension.
    Title: LR-27-83 (Temporary) Floor Stocks Credits or Refunds and 
Consumer Credits or Refunds With Respect to Certain Tax-Repealed 
Articles; Excise Tax on Heavy Trucks; LR-54-85 (Temporary) Excise Tax 
on.
    Description: LR-27-83 requires sellers of trucks, trailers and 
semitrailers, and tractors to maintain records of the gross vehicle 
weights of articles sold to verify taxability. LR-54-85 requires that 
if the sale is to be treated as exempt, the seller and the purchaser 
must be registered and the purchaser must give the seller a resale 
certificate.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 4,140 hours.

    OMB Number: 1545-1975.
    Type of Review: Extension.
    Form: Schedule F (Form 1040).
    Title: Profit or Loss from Farming.
    Description: Schedule F (Form 1040) is used by individuals to 
report their employment taxes. The data is used to verify that the 
items reported on the form is correct and also for general statistical 
use.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 7,796,240 hours.

    OMB Number: 1545-1989.
    Type of Review: Extension.
    Title: Notice 2009-53--Credit for Nonbusiness Energy Property.
    Description: This notice updates interim guidance, pending the 
issuance of regulations, relating to the credit for nonbusiness energy 
property under Sec.  25C of the Internal Revenue Code. Specifically, 
this notice provides procedures that manufacturers may follow to 
certify property as either eligible building envelope components or 
qualified energy property, as well as guidance regarding the conditions 
under which taxpayers seeking to claim the Sec.  25C credit may rely on 
a manufacturer's certification.
    Respondents: Individuals and Households.
    Estimated Total Burden Hours: 350 hours.

    OMB Number: 1545-1438.
    Type of Review: Extension.
    Title: CO-8-91 (Final) Distributions of Stock and Stock Rights.
    Description: The requested information is required to notify the 
Service that a holder of preferred stock callabe at a premium by the 
issuer has made a determination regarding the likelihood of exercise of 
the right to call that is different from the issuer's determination.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 333 hours.

    OMB Number: 1545-1163.
    Type of Review: Extension.
    Form: 8822.
    Title: Change of Address.
    Description: Form 8822 is used by taxpayers to notify the Internal 
Revenue Service that they have changed their home or business.
    Respondents: Individuals and Households.
    Estimated Total Burden Hours: 258,334 hours.

    OMB Number: 1545-2003.
    Type of Review: Extension.
    Title: Notice 2006-24, Qualifying Advanced Coal Project Program.
    Description: This notice establishes the qualifying advanced coal 
project program under sec. 48A of the Internal Revenue Code. The notice 
provides the time and manner for a taxpayer to apply for an allocation 
of qualifying advanced coal project credits and, once the taxpayer has 
received this allocation, the time and manner for the taxpayer to file 
for a certification of its qualifying advanced coal project.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 4,950 hours.

    OMB Number: 1545-2009.
    Type of Review: Extension.
    Form: 13285-A.
    Title: Reducing Tax Burden on America's Taxpayers.
    Description: The IRS Office of Taxpayer Burden Reduction (TBR) 
needs the taxpaying public's help to identify meaningful taxpayer 
burden reduction opportunities that impact a large number of taxpayers. 
This form should be used to refer ideas for reducing taxpayer burden to 
the TBR for consideration and implementation.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 62 hours.

    OMB Number: 1545-1035.
    Type of Review: Extension.
    Form: 8611.
    Title: Recapture of Low-Income Housing Credit.
    Description: IRC section 42 permits owners of residential rental 
projects providing low-income housing to claim a credit against their 
income tax. If the property is disposed of or it falls to meet certain 
requirements over a 15-year compliance period and a bond is not posted, 
the owner must recapture on Form 8611 part of the credit(s) taken in 
prior years.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 7,842 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. E9-23273 Filed 9-25-09; 8:45 am]
BILLING CODE 4830-01-P

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