Proposed Collection; Comment Request for Regulation Project, 38187-38188 [2010-15962]

Download as PDF Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices 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: June 23, 2010. Gerald J. Shields, IRS Supervisory Tax Analyst. [FR Doc. 2010–15974 Filed 6–30–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 2007– 48 jlentini on DSKJ8SOYB1PROD 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 2007–48, Rotable Spare Parts Safe Harbor Method. DATES: Written comments should be received on or before August 30, 2010 to be assured of consideration. ADDRESSES: Direct all written comments to Gerald J. Shields, Internal Revenue Service, room 6129, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of revenue procedures should be directed to R. Joseph Durbala, at Internal Revenue Service, room 6129, 1111 Constitution Avenue NW., Washington, VerDate Mar<15>2010 16:02 Jun 30, 2010 Jkt 220001 38187 DC 20224, or at (202) 622–3634, or through the Internet at RJoseph.Durbala@irs.gov. or start-up costs and costs of operation, maintenance, and purchase of services to provide information. SUPPLEMENTARY INFORMATION: Approved: June 23, 2010. Gerald J. Shields, IRS Supervisory Tax Analyst. Title: Rotable Spare Parts Safe Harbor Method. OMB Number: 1545–2070. Revenue Procedure Number: Rev. Proc. 2007–48. Abstract: The information for which the agency is requesting to collect will support a taxpayer’s claim for eligibility to use the safe harbor method of accounting for rotable spare parts provided in the proposed revenue procedures. The information will be submitted as a supporting schedule for the Form 3115, Application for Change in Accounting Method. Current Actions: There are no changes being made to the revenue procedures at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 300. Estimated Time Per Respondent: 15 minutes. Estimated Total Annual Burden Hours: 75. 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 PO 00000 Frm 00116 Fmt 4703 Sfmt 4703 [FR Doc. 2010–15968 Filed 6–30–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service [PS–55–89 (TD 8566)] Proposed Collection; Comment Request for Regulation Project 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 final regulation, PS–55–89 (TD 8566), General Asset Accounts under the Accelerated Cost Recovery System (Sec. 1.168(i)–1). DATES: Written comments should be received on or before August 30, 2010 to be assured of consideration. ADDRESSES: Direct all written comments to Gerald J. 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 regulations should be directed to R. Joseph Durbala at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or at (202) 622–3634, or through the Internet at RJoseph.Durbala@irs.gov. SUPPLEMENTARY INFORMATION: Title: General Asset Accounts under the Accelerated Cost Recovery System. OMB Number: 1545–1331. Regulation Project Number: TD 8566 (PS–55–89). Abstract: Section 168(i)(4) of the Internal Revenue Code authorizes the Secretary of the Treasury to provide rules under which a taxpayer may elect to account for property in one or more general asset accounts for depreciation E:\FR\FM\01JYN1.SGM 01JYN1 jlentini on DSKJ8SOYB1PROD with NOTICES 38188 Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices purposes. The regulations describe the time and manner of making the election described in Code section 168(i)(4). Basic information regarding this election is necessary to monitor compliance with the rules of Code section 168. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations and Farms. Estimated Number of Respondents: 1,000. Estimated Time per Respondent: 15 minutes. Estimated Total Annual Burden Hours: 250. 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. DEPARTMENT OF THE TREASURY DEPARTMENT OF THE TREASURY Office of Thrift Supervision Fiscal Service [NAIC# 10952] [Docket ID OTS–2010–0021] Closed Meeting of the OTS Mutual Savings Association Advisory Committee AGENCY: Department of the Treasury, Office of Thrift Supervision. ACTION: Notice of Closed Meeting. SUMMARY: The OTS Mutual Savings Associations Advisory Committee (MSAAC) will convene a meeting on Wednesday, July 21, 2010, beginning at 1 p.m. Eastern Time. The meeting will be closed to the public. DATES: The closed meeting will be held on Wednesday, July 21, 2010, at 1 p.m. Eastern Time. The meeting will be held at the Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. The public is invited to submit written statements to the MSAAC by any one of the following methods: • E-mail address: mutualcommittee@ots.treas.gov; or • Mail: To Charlotte Bahin, Designated Federal Official, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552 in triplicate. The agency must receive statements no later than July 16, 2010. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Charlotte M. Bahin, Designated Federal Official, (202) 906–6452, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. By this notice, the Office of Thrift Supervision is announcing that the OTS Mutual Savings Association Advisory Committee will convene a closed meeting on Wednesday, July 21, 2010, beginning at 1 p.m. Eastern Time. The meeting will not be open to the public. The purpose of the meeting is to advise OTS on what regulatory changes or other steps OTS may be able to take to ensure the continued health and viability of mutual savings associations, and other issues of concern to the existing mutual savings associations. SUPPLEMENTARY INFORMATION: Approved: June 23, 2010. Gerald J. Shields, IRS Supervisory Tax Analyst. Dated: June 24, 2010. By the Office of Thrift Supervision. Deborah Dakin, Acting Chief Counsel. [FR Doc. 2010–15962 Filed 6–30–10; 8:45 am] [FR Doc. 2010–15991 Filed 6–30–10; 8:45 am] BILLING CODE 4830–01–P BILLING CODE P VerDate Mar<15>2010 16:02 Jun 30, 2010 Jkt 220001 PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 Surety Companies Acceptable on Federal Bonds—Termination: Stonebridge Casualty Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department of the Treasury. ACTION: Notice. SUMMARY: This is Supplement No. 19 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536. FOR FURTHER INFORMATION CONTACT: Surety Bond Branch at (202) 874–6915. SUPPLEMENTARY INFORMATION: Notice is hereby given that the Certificate of Authority issued by the Treasury to the above-named company under 31 U.S.C. 9305 to qualify as acceptable surety on Federal bonds is terminated effective June 30, 2010. Federal bond-approving officials should annotate their reference copies of the Treasury Department Circular 570 (‘‘Circular’’), 2009 Revision, to reflect this change. With respect to any bonds currently in force with this company, bondapproving officers may let such bonds run to expiration and need not secure new bonds. However, no new bonds should be accepted from this company, and bonds that are continuous in nature should not be renewed. The Circular may be viewed and downloaded through the Internet at https://www.fms.treas.gov/c570. Questions concerning this notice may be directed to the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and Services Division, Surety Bond Branch, 3700 East-West Highway, Room 6F01, Hyattsville, MD 20782. Dated: June 22, 2010. William J. Erie, Acting Director, Financial Accounting and Services Division. [FR Doc. 2010–15729 Filed 6–30–10; 8:45 am] BILLING CODE 4810–35–M U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION Notice of Open Public Hearing AGENCY: U.S.-China Economic and Security Review Commission. ACTION: Notice of open public hearing, June 30, 2010, Washington, DC. E:\FR\FM\01JYN1.SGM 01JYN1

Agencies

[Federal Register Volume 75, Number 126 (Thursday, July 1, 2010)]
[Notices]
[Pages 38187-38188]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-15962]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[PS-55-89 (TD 8566)]


Proposed Collection; Comment Request for Regulation Project

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 final regulation, PS-55-89 (TD 8566), General Asset Accounts 
under the Accelerated Cost Recovery System (Sec. 1.168(i)-1).

DATES: Written comments should be received on or before August 30, 2010 
to be assured of consideration.

ADDRESSES: Direct all written comments to Gerald J. 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 regulations should be directed to R. Joseph Durbala at 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., 
Washington, DC 20224, or at (202) 622-3634, or through the Internet at 
RJoseph.Durbala@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: General Asset Accounts under the Accelerated Cost Recovery 
System.
    OMB Number: 1545-1331.
    Regulation Project Number: TD 8566 (PS-55-89).
    Abstract: Section 168(i)(4) of the Internal Revenue Code authorizes 
the Secretary of the Treasury to provide rules under which a taxpayer 
may elect to account for property in one or more general asset accounts 
for depreciation

[[Page 38188]]

purposes. The regulations describe the time and manner of making the 
election described in Code section 168(i)(4). Basic information 
regarding this election is necessary to monitor compliance with the 
rules of Code section 168.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
Farms.
    Estimated Number of Respondents: 1,000.
    Estimated Time per Respondent: 15 minutes.
    Estimated Total Annual Burden Hours: 250.
    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: June 23, 2010.
Gerald J. Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010-15962 Filed 6-30-10; 8:45 am]
BILLING CODE 4830-01-P
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