Proposed Collection; Comment Request, 5848-5849 [2010-2425]

Download as PDF 5848 Federal Register / Vol. 75, No. 23 / Thursday, February 4, 2010 / Notices FTA REGIONAL OFFICES—Continued Philadelphia Metropolitan Office, Region 3—Philadelphia, 1760 Market Street, Suite 500, Philadelphia, PA 19103–4124, Tel. 215–656–7070. Washington, DC Metropolitan Office, 1990 K Street, NW., Room 510, Washington, DC 20006, Tel. 202–219–3562. Yvette Taylor, Regional Administrator, Region 4—Atlanta, 230 Peachtree Street, NW., Suite 800, Atlanta, GA 30303, Tel. 404–865–5600. States served: Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, Puerto Rico, South Carolina, Tennessee, and Virgin Islands. Marisol Simon, Regional Administrator, Region 5—Chicago, 200 West Adams Street, Suite 320, Chicago, IL 60606, Tel. 312–353–2789. States served: Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin. Chicago Metropolitan Office, Region 5—Chicago, 200 West Adams Street, Suite 320, Chicago, IL 60606, Tel. 312–353–2789. [FR Doc. 2010–2310 Filed 2–3–10; 8:45 am] BILLING CODE P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Proposed Collection; Comment Request srobinson on DSKHWCL6B1PROD with NOTICES ACTION: Notice and request for comments. SUMMARY: The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other public agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Pub. Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community Development Financial Institutions (CDFI) Fund, Department of the Treasury, is soliciting comments concerning the Evaluation of the New Markets Tax Credit (NMTC) Program. This notice announces the CDFI Fund’s intent to request approval from the Office of Management and Budget (OMB) for new information collection activities associated with an independent, multi-year evaluation of the NMTC Program. It includes a onetime information collection effort involving participants and stakeholders in the program, which is intended to describe and assess program activities as well as identify project-specific and community level outputs and outcomes. The data collection will provide critical information for the evaluation. Clearance is requested for the following VerDate Nov<24>2008 17:31 Feb 03, 2010 Jkt 220001 Leslie T. Rogers, Regional Administrator, Region 9—San Francisco, 201 Mission Street, Room 1650, San Francisco, CA 94105–1926, Tel. 415–744–3133. States served: American Samoa, Arizona, California, Guam, Hawaii, Nevada, and the Northern Mariana Islands. Los Angeles Metropolitan Office, Region 9—Los Angeles, 888 S. Figueroa Street, Suite 1850, Los Angeles, CA 90017–1850, Tel. 213–202–3952. Rick Krochalis, Regional Administrator, Region 10—Seattle, Jackson Federal Building, 915 Second Avenue, Suite 3142, Seattle, WA 98174–1002, Tel. 206–220–7954. States served: Alaska, Idaho, Oregon, and Washington. new data collection activities: (1) Casestyle data collection related to approximately 80 randomly sampled NMTC projects that will consist of semistructured telephone interviews with persons associated with those projects— i.e., approximately 80 representatives of Community Development Entities (CDEs), 80 representatives of Qualified Active Low Income Businesses (QALICBs), 80 investors, and 80 other key project stakeholders; (2) a webbased, predominantly closed-ended survey of representatives of approximately 380 QALICBs; and (3) a web-based, predominantly closed-ended survey of approximately 380 local community/economic development officials. DATES: Written comments must be received on or before April 5, 2010 to be assured of consideration. ADDRESSES: Direct all comments to Greg Bischak, Program Manager for Financial Strategies and Research, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, by e-mail to cdfihelp@cdfi.treas.gov, or by facsimile to (202) 622–7754. Please note this is not a toll-free number. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this information collection should be directed to Greg Bischak at (202) 622–8669. SUPPLEMENTARY INFORMATION: Title: Evaluation of the New Markets Tax Credit (NMTC) Program. OMB Number: Not yet assigned. Type of Request: New collection of information. Abstract: The NMTC Program was established by the Community Renewal Tax Relief Act of 2000 to encourage PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 private capital investment in lowincome communities that are, or are perceived to be, high investment risks. It permits individual and corporate taxpayers to receive a credit against federal income taxes for making qualified equity investments in designated Community Development Entities (CDEs). Substantially all of the qualified equity investment must in turn be used by CDEs to provide investments in Qualified Active Low-Income Community Businesses (QALICBs), which include both operating businesses and real estate developments. The federal tax credits are allocated competitively by the CDFI Fund to CDEs. CDEs, in turn, select the projects in which to invest. There is considerable flexibility and, consequently, variability with respect to the types of projects that can be supported by NMTC-stimulated investments. They can include for-profit and non-profit businesses involving a range of commercial, industrial, retail, manufacturing, mixed-uses, and facilities such as for childcare, health or charter schools. The evaluation involves multiple research methods to produce valid evidence for describing and assessing program activities and outcomes. The focus is on the program’s primary objective of attracting capital to lowincome, economically distressed communities so as to further their economic and community development. The evaluation is intended to inform an array of important policy questions, including: How and in what manner the program is affecting the flow of new private capital to low-income communities; where, in what timeframe, and how that capital is invested to achieve community and economic E:\FR\FM\04FEN1.SGM 04FEN1 srobinson on DSKHWCL6B1PROD with NOTICES Federal Register / Vol. 75, No. 23 / Thursday, February 4, 2010 / Notices development objectives; and the quantity, nature, and quality of the benefits to low-income communities and persons that can potentially be attributed to the NMTC Program. The evaluation includes: (a) A review of the relevant economic development, performance measurement, and tax credit literature; (b) interviews with key NMTC stakeholders; (c) an analysis of NMTC administrative data; (d) the development of a typology of NMTC projects; and (e) an examination of secondary public and private data. To address the key evaluation issues noted above, new data must be gathered about NMTC projects beyond what is already being collected by the CDFI Fund. Clearance is requested for the following new data collection efforts: (1) Casestyle data collection related to approximately 80 randomly sampled NMTC projects that will consist of semistructured telephone interviews with approximately 80 CDEs, 80 QALICBs, 80 investors, and 80 other key project stakeholders; (2) a web-based, predominantly closed-ended survey of representatives of approximately 380 QALICBs; and (3) a web-based, predominantly closed-ended survey of approximately 380 local community/ economic development officials. Toward this end, clearance is requested for four topical discussion guides, a data sheet for CDEs, a data sheet for QALICBs, and two survey instruments. Respondents are CDEs that received NMTC allocation authority and used these credits to finance qualified investments, QALICBs that received equity or debt investments using NMTCs, investors in projects that include NMTCs, local community and economic development officials or other stakeholders in NMTC projects, such as accountants, attorneys, or local organizations involved in the projects. Estimated Number of Respondents: 890. Number of Responses per Respondent: In general, it is expected that each CDE will respond only once. Some CDE representatives may be requested to respond more than once because they may have provided allocations for more than one project in the sample selected. Estimated Time per Response: All burden estimates include respondents’ time to prepare for and complete surveys, information sheets (where applicable) and interviews. Estimated times are as follows: QALICB survey: 30 minutes; Local Community/Economic Development Officials’ Survey: 20 minutes; CDE and QALICB Telephone Interviews: 60 minutes; Investor and VerDate Nov<24>2008 17:31 Feb 03, 2010 Jkt 220001 Local Stakeholder Interviews: 45 minutes; and CDE and QALICB Data Sheet: 30 minutes. Estimated Total Annual Burden on Respondents: 494 hours. Requests for Comments: All written comments will be open for public inspection and may be obtained from the CDFI Fund’s Web site at https:// www.cdfifund.gov. All responses to this notice will be summarized and included in the request for OMB approval. All comments will be a matter of public record. Comments are invited on the following: (a) Whether the proposed 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 proposed collection of information, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on those who are to respond, including use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology. Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 CFR 1.45D–1. Dated: January 29, 2010. Donna J. Gambrell, Director, Community Development Financial Institutions Fund. [FR Doc. 2010–2425 Filed 2–3–10; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF THE TREASURY Fiscal Service Financial Management Service; Proposed Collection of Information: Claim Against the United States for the Proceeds of a Government Check AGENCY: Financial Management Service, Fiscal Service, Treasury. ACTION: Notice and Request for comments. SUMMARY: The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning the Form FMS–1133 ‘‘Claim Against the United States for the Proceeds of a Government Check.’’ PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 5849 DATES: Written comments should be received on or before April 5, 2010. ADDRESSES: Direct all written comments to Financial Management Service, Records and Information Management Branch, Room 135, 3700 East West Highway, Hyattsville, Maryland 20782. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form(s) and instructions should be directed to Dawn Johns, Manager, Check Claims Branch, Room 831D, 3700 East West Highway, Hyattsville, MD 20782, (202) 874–8445 SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 1995, (44 U.S.C. 3506(c)(2)(A)), the Financial Management Service solicits comments on the collection of information described below: Title: Claim Against the United States for the Proceeds of a Government Check. OMB Number: 1510–0019. Form Number: FMS–1133. Abstract: This form is used to collect information needed to process an individual’s claim for non-receipt of proceeds from a government check. Once the information is analyzed, a determination is made and a recommendation is submitted to the program agency to either settle or deny the claim. Current Actions: Extension of currently approved collection. Type of Review: Regular. Affected Public: Individuals or households. Estimated Number of Respondents: 68,000. Estimated Time per Respondent: 10 minutes. Estimated Total Annual Burden Hours: 10,482. Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget 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. E:\FR\FM\04FEN1.SGM 04FEN1

Agencies

[Federal Register Volume 75, Number 23 (Thursday, February 4, 2010)]
[Notices]
[Pages 5848-5849]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-2425]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Proposed Collection; Comment Request

ACTION: Notice and request for comments.

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

SUMMARY: The U.S. Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other public agencies to take this opportunity to comment on 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995, Pub. Law 104-13 (44 U.S.C. 
3506(c)(2)(A)).
    Currently, the Community Development Financial Institutions (CDFI) 
Fund, Department of the Treasury, is soliciting comments concerning the 
Evaluation of the New Markets Tax Credit (NMTC) Program. This notice 
announces the CDFI Fund's intent to request approval from the Office of 
Management and Budget (OMB) for new information collection activities 
associated with an independent, multi-year evaluation of the NMTC 
Program. It includes a one-time information collection effort involving 
participants and stakeholders in the program, which is intended to 
describe and assess program activities as well as identify project-
specific and community level outputs and outcomes. The data collection 
will provide critical information for the evaluation. Clearance is 
requested for the following new data collection activities: (1) Case-
style data collection related to approximately 80 randomly sampled NMTC 
projects that will consist of semi-structured telephone interviews with 
persons associated with those projects--i.e., approximately 80 
representatives of Community Development Entities (CDEs), 80 
representatives of Qualified Active Low Income Businesses (QALICBs), 80 
investors, and 80 other key project stakeholders; (2) a web-based, 
predominantly closed-ended survey of representatives of approximately 
380 QALICBs; and (3) a web-based, predominantly closed-ended survey of 
approximately 380 local community/economic development officials.

DATES: Written comments must be received on or before April 5, 2010 to 
be assured of consideration.

ADDRESSES: Direct all comments to Greg Bischak, Program Manager for 
Financial Strategies and Research, Community Development Financial 
Institutions Fund, U.S. Department of the Treasury, 601 13th Street, 
NW., Suite 200 South, Washington, DC 20005, by e-mail to 
cdfihelp@cdfi.treas.gov, or by facsimile to (202) 622-7754. Please note 
this is not a toll-free number.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this information collection should be directed to Greg 
Bischak at (202) 622-8669.

SUPPLEMENTARY INFORMATION:
    Title: Evaluation of the New Markets Tax Credit (NMTC) Program.
    OMB Number: Not yet assigned.
    Type of Request: New collection of information.
    Abstract: The NMTC Program was established by the Community Renewal 
Tax Relief Act of 2000 to encourage private capital investment in low-
income communities that are, or are perceived to be, high investment 
risks. It permits individual and corporate taxpayers to receive a 
credit against federal income taxes for making qualified equity 
investments in designated Community Development Entities (CDEs). 
Substantially all of the qualified equity investment must in turn be 
used by CDEs to provide investments in Qualified Active Low-Income 
Community Businesses (QALICBs), which include both operating businesses 
and real estate developments. The federal tax credits are allocated 
competitively by the CDFI Fund to CDEs. CDEs, in turn, select the 
projects in which to invest.
    There is considerable flexibility and, consequently, variability 
with respect to the types of projects that can be supported by NMTC-
stimulated investments. They can include for-profit and non-profit 
businesses involving a range of commercial, industrial, retail, 
manufacturing, mixed-uses, and facilities such as for childcare, health 
or charter schools.
    The evaluation involves multiple research methods to produce valid 
evidence for describing and assessing program activities and outcomes. 
The focus is on the program's primary objective of attracting capital 
to low-income, economically distressed communities so as to further 
their economic and community development. The evaluation is intended to 
inform an array of important policy questions, including: How and in 
what manner the program is affecting the flow of new private capital to 
low-income communities; where, in what timeframe, and how that capital 
is invested to achieve community and economic

[[Page 5849]]

development objectives; and the quantity, nature, and quality of the 
benefits to low-income communities and persons that can potentially be 
attributed to the NMTC Program.
    The evaluation includes: (a) A review of the relevant economic 
development, performance measurement, and tax credit literature; (b) 
interviews with key NMTC stakeholders; (c) an analysis of NMTC 
administrative data; (d) the development of a typology of NMTC 
projects; and (e) an examination of secondary public and private data. 
To address the key evaluation issues noted above, new data must be 
gathered about NMTC projects beyond what is already being collected by 
the CDFI Fund. Clearance is requested for the following new data 
collection efforts: (1) Case-style data collection related to 
approximately 80 randomly sampled NMTC projects that will consist of 
semi-structured telephone interviews with approximately 80 CDEs, 80 
QALICBs, 80 investors, and 80 other key project stakeholders; (2) a 
web-based, predominantly closed-ended survey of representatives of 
approximately 380 QALICBs; and (3) a web-based, predominantly closed-
ended survey of approximately 380 local community/economic development 
officials.
    Toward this end, clearance is requested for four topical discussion 
guides, a data sheet for CDEs, a data sheet for QALICBs, and two survey 
instruments.
    Respondents are CDEs that received NMTC allocation authority and 
used these credits to finance qualified investments, QALICBs that 
received equity or debt investments using NMTCs, investors in projects 
that include NMTCs, local community and economic development officials 
or other stakeholders in NMTC projects, such as accountants, attorneys, 
or local organizations involved in the projects.
    Estimated Number of Respondents: 890.
    Number of Responses per Respondent: In general, it is expected that 
each CDE will respond only once. Some CDE representatives may be 
requested to respond more than once because they may have provided 
allocations for more than one project in the sample selected.
    Estimated Time per Response: All burden estimates include 
respondents' time to prepare for and complete surveys, information 
sheets (where applicable) and interviews. Estimated times are as 
follows: QALICB survey: 30 minutes; Local Community/Economic 
Development Officials' Survey: 20 minutes; CDE and QALICB Telephone 
Interviews: 60 minutes; Investor and Local Stakeholder Interviews: 45 
minutes; and CDE and QALICB Data Sheet: 30 minutes.
    Estimated Total Annual Burden on Respondents: 494 hours.
    Requests for Comments: All written comments will be open for public 
inspection and may be obtained from the CDFI Fund's Web site at https://www.cdfifund.gov.
    All responses to this notice will be summarized and included in the 
request for OMB approval. All comments will be a matter of public 
record. Comments are invited on the following:
    (a) Whether the proposed 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 proposed collection of 
information, including the validity of the methodology and assumptions 
used; (c) ways to enhance the quality, utility, and clarity of the 
information to be collected; and (d) ways to minimize the burden of the 
collection of information on those who are to respond, including use of 
appropriate automated, electronic, mechanical, or other technological 
collection techniques or other forms of information technology.

    Authority:  26 U.S.C. 45D; 31 U.S.C. 321; 26 CFR 1.45D-1.

    Dated: January 29, 2010.
Donna J. Gambrell,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2010-2425 Filed 2-3-10; 8:45 am]
BILLING CODE 4810-70-P
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