Proposed Collection; Comment Request for Form 990-N, 30907-30908 [2010-13235]

Download as PDF Federal Register / Vol. 75, No. 105 / Wednesday, June 2, 2010 / Notices Approved: May 25, 2010. Gerald Shields, IRS Reports Clearance Officer. [FR Doc. 2010–13239 Filed 6–1–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 2004– 19 sroberts on DSKD5P82C1PROD with NOTICES 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 Revenue Procedure 2004–19, Probable or Prospective Reserves Safe Harbor. DATES: Written comments should be received on or before August 2, 2010 to be assured of consideration. ADDRESSES: Direct all written comments to Gerald Shields, Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the revenue procedure should be directed to Elaine Christophe, (202) 622–3179, or at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet, at Elaine.H.Christophe@irs.gov. SUPPLEMENTARY INFORMATION: Title: Probable or Prospective Reserves Safe Harbor. OMB Number: 1545–1861. Revenue Procedure Number: Revenue Procedure 2004–19. Abstract: Revenue Procedure 2004–19 requires a taxpayer to file an election statement with the Service if the taxpayer wants to use the safe harbor to estimate the taxpayers’ oil and gas properties’ probable or prospective reserves for purposes of computing cost depletion under § 611 of the Internal Revenue Code. Current Actions: There are no changes being made to the revenue procedure at this time. VerDate Mar<15>2010 19:08 Jun 01, 2010 Jkt 220001 Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 100. Estimated Annual Average Time per Respondent: 30 minutes. Estimated Total Annual Hours: 50. 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: May 25, 2010. Gerald Shields, IRS Reports Clearance Officer. [FR Doc. 2010–13237 Filed 6–1–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 990–N AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. SUMMARY: The Department of the Treasury, as part of its continuing effort PO 00000 Frm 00138 Fmt 4703 Sfmt 4703 30907 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 Form 990–N, Electronic Notice (e-Postcard) for TaxExempt Organizations not Required To file Form 990 or 990–EZ. DATES: Written comments should be received on or before August 2, 2010 to be assured of consideration. ADDRESSES: Direct all written comments to Gerald Shields, Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the forms and instructions should be directed to Elaine Christophe, (202) 622–3179, or at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet, at Elaine.H.Christophe@irs.gov. SUPPLEMENTARY INFORMATION: Title: Electronic Notice (e-Postcard) for Tax-Exempt Organizations not Required To file Form 990 or 990–EZ. OMB Number: 1545–2085. Form Number: 990–N. Abstract: Section 1223 of the Pension Protection Act of 2006 (PPA ’06), enacted on August 17, 2006, amended Internal Revenue Code (Code) section 6033 by adding Code section 6033(i), which requires certain tax-exempt organizations to file an annual electronic notice (Form 990–N) for tax years beginning after December 31, 2006. These organizations are not required to file Form 990 (or Form 990– EZ) because their gross receipts are normally $25,000 or less. Current Actions: There are no changes being made to the Form at this time. Type of Review: Extension of a currently approved collection. Affected Public: Not-for-profit institutions. Estimated Number of Respondents: 520,000. Estimated Time per Respondent: 15 min. Estimated Total Annual Burden Hours: 130,000. 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 E:\FR\FM\02JNN1.SGM 02JNN1 30908 Federal Register / Vol. 75, No. 105 / Wednesday, June 2, 2010 / Notices 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: May 25, 2010. Gerald Shields, IRS Reports Clearance Officer. [FR Doc. 2010–13235 Filed 6–1–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund sroberts on DSKD5P82C1PROD with NOTICES Notice of Funds Availability for FY 2010 Funding Opportunity Title: Notice of Funds Availability (NOFA) inviting applications for the FY 2010 funding round of the Financial Education and Counseling (FEC) Pilot Program. Announcement Type: Announcement of funding opportunity. Catalog of Federal Domestic Assistance (CFDA) Number: 21.010. DATES: Applications for financial assistance through the FY 2010 funding round of FEC Pilot Program must be received by 11:59 p.m. Eastern Time (ET), July 8, 2010. Applications received after the applicable deadline will be rejected. Executive Summary: This NOFA is issued in connection with the FY 2010 funding round of the FEC Pilot Program. Through the FEC Pilot Program, the Community Development Financial VerDate Mar<15>2010 19:08 Jun 01, 2010 Jkt 220001 Institutions (CDFI) Fund awards grants to Eligible Organizations to provide a range of Financial Education and Counseling Services to Prospective Homebuyers. The goals of grants that are awarded through the FEC Pilot Program are to identify successful methods of Financial Education and Counseling Services that result in Positive Behavioral Change for financial empowerment, and to establish program models for organizations to implement measurably effective Financial Education and Counseling Services to Prospective Homebuyers. I. Funding Opportunity Description A. Through the FEC Pilot Program, authorized pursuant to section 1132 of the Housing and Economic Recovery Act of 2008 (Pub. L. 110–289), the CDFI Fund provides financial assistance awards to Eligible Organizations to provide a range of Financial Education and Counseling Services to Prospective Homebuyers. B. Definitions: For the purposes of this NOFA, the following terms shall have the following definitions: 1. Act means section 1132(c) of the Housing and Economic Recovery Act of 2008 (Pub. L. 110–289). 2. Affiliate means any company or entity that Controls, is Controlled by, or is under common Control with another company. 3. Applicant means any Eligible Organization. 4. Application means the CDFI Fund’s funding application form, including any written or verbal information in connection therewith and any attachments, appendices and/or written or verbal supplements thereto, submitted by the Awardee to the CDFI Fund in response to this NOFA. 5. Assistance Agreement means the formal agreement between the CDFI Fund and an Awardee that includes the terms and conditions of the FEC Pilot Program award. 6. Awardee means an Applicant selected by the CDFI Fund to receive an FEC Pilot Program grant. 7. Collaborative Effort means a joint effort by two or more Eligible Organizations to carry out Financial Education and Counseling Services to Prospective Homebuyers, as described in the Application and as evidenced by a written agreement among the entities for the Performance Period. The Collaborative Effort must designate the entity that will serve as the primary FEC Pilot Program point of contact for the CDFI Fund, and that will serve as signatory to the Assistance Agreement, receive and allocate award PO 00000 Frm 00139 Fmt 4703 Sfmt 4703 disbursements, and report on behalf of the collaborative. 8. Community Development Financial Institution (or CDFI) means an entity certified as a CDFI by the CDFI Fund pursuant to the CDFI Program regulations set forth at 12 CFR 1805.201. 9. Control means: (i) Ownership, control, or power to vote 25 percent or more of the outstanding shares of any class of voting securities of any company, directly or indirectly or acting through one or more other persons; (ii) control in any manner over the election of a majority of the directors, trustees, or general partners (or individuals exercising similar functions) of any company; or (iii) the power to exercise, directly or indirectly, a controlling influence over the management, credit or investment decisions, or policies of any company. 10. Credit Union means any credit union that is: (i) Regulated by, and/or the member accounts of which are insured by, a State agency or instrumentality; or (ii) a cooperative association organized in accordance with provisions of the Federal Credit Union Act, chapter 14 of title 12 of the United States Code (12 U.S.C. 1751). 11. Eligible Organization means an entity that: (i) Is certified by the Department of Housing and Urban Development (HUD) as Housing Counseling Agencies, in accordance with section 106(e)(1) of the Housing and Urban Development Act of 1968, (12 U.S.C. 1701x(e)), or is certified by the Office of Financial Education (OFE) of the Department of the Treasury, in accordance with section 1132(c)(2) of the Act; (ii) meets the criteria in Section III.A.1–2 of this NOFA; and (iii) meets the minimum threshold requirements, as specified in Section III.A.4. of this NOFA, necessary to demonstrate that it has the experience and ability to provide Financial Education and Counseling Services to Prospective Homebuyers that result in documented Positive Behavioral Changes. 12. Financial Education and Counseling Pilot Program (or FEC Pilot Program) means the program created pursuant to the Act, as implemented through this NOFA. 13. Financial Education and Counseling Services means activities that increase the financial knowledge and decision-making capabilities of Prospective Homebuyers. Such education and counseling services shall prepare or assist Prospective Homebuyers to develop monthly budgets, build personal savings, finance or plan for major purchases, reduce personal debt, improve financial stability, and set and reach financial E:\FR\FM\02JNN1.SGM 02JNN1

Agencies

[Federal Register Volume 75, Number 105 (Wednesday, June 2, 2010)]
[Notices]
[Pages 30907-30908]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-13235]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 990-N

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 Form 990-N, 
Electronic Notice (e-Postcard) for Tax-Exempt Organizations not 
Required To file Form 990 or 990-EZ.

DATES: Written comments should be received on or before August 2, 2010 
to be assured of consideration.

ADDRESSES: Direct all written comments to Gerald Shields, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the forms and instructions should be directed to Elaine 
Christophe, (202) 622-3179, or at Internal Revenue Service, Room 6129, 
1111 Constitution Avenue, NW., Washington, DC 20224, or through the 
Internet, at Elaine.H.Christophe@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Electronic Notice (e-Postcard) for Tax-Exempt Organizations 
not Required To file Form 990 or 990-EZ.
    OMB Number: 1545-2085.
    Form Number: 990-N.
    Abstract: Section 1223 of the Pension Protection Act of 2006 (PPA 
'06), enacted on August 17, 2006, amended Internal Revenue Code (Code) 
section 6033 by adding Code section 6033(i), which requires certain 
tax-exempt organizations to file an annual electronic notice (Form 990-
N) for tax years beginning after December 31, 2006. These organizations 
are not required to file Form 990 (or Form 990-EZ) because their gross 
receipts are normally $25,000 or less.
    Current Actions: There are no changes being made to the Form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Not-for-profit institutions.
    Estimated Number of Respondents: 520,000.
    Estimated Time per Respondent: 15 min.
    Estimated Total Annual Burden Hours: 130,000.
    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

[[Page 30908]]

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: May 25, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010-13235 Filed 6-1-10; 8:45 am]
BILLING CODE 4830-01-P

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