Proposed Collection; Comment Request for Form 1097-BTC, Bond Tax Credit, 55849 [2010-22790]
Download as PDF
<![CDATA[
Federal Register / Vol. 75, No. 177 / Tuesday, September 14, 2010 / Notices
55849
Docket No.
Requester
Regulation
Nature of special permit
PHMSA–2010–0121 ...........
Dominion Transmission Incorporated (DTI).
49 CFR 192.611 .................
To authorize DTI to engage in an alternative approach
to conduct risk control activities based on Integrity
Management Program principles rather than lowering the MAOP or replacing the subject pipe segment. This application is for one segment of the DTI
Line TL–465 in Loudoun County, Virginia. This segment has changed from a Class 1 location to a
Class 3 location due to an expanded housing development. The pipeline is 24-inches in diameter and
has a MAOP of 1,250 psig. The segment that has
changed Class location is 3,478 feet in length and is
located at MP 1085+81 ft. to MP 1,120+59 ft.
Authority: 49 U.S.C. 60118 (c)(1) and 49
CFR 1.53.
FOR FURTHER INFORMATION CONTACT:
Issued in Washington, DC, on August 31,
2010.
Linda Daugherty,
Deputy Associate Administrator for Policy
and Programs.
[FR Doc. 2010–22884 Filed 9–13–10; 8:45 am]
BILLING CODE 4910–60–P
Requests for additional information or
copies of the form and instructions
should be directed to Joel Goldberger
(202) 927–9368, at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
joel.p.goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1097–BTC, Bond Tax
Credit
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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
1097–BTC, Bond Tax Credit.
DATES: Written comments should be
received on or before November 15,
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.
jlentini on DSKJ8SOYB1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
16:38 Sep 13, 2010
Jkt 220001
Title: Form 1097–BTC, Bond Tax
Credit.
Abstract: This is an information
return for reporting tax credit bond
credits distributed to holders of tax
credit bonds. The taxpayer holding a tax
credit bond on an allowance date during
a tax year is allowed a credit against
federal income tax equivalent to the
interest that the bond would otherwise
pay. The bondholder must include the
amount of the credit in gross income
and treat it as interest income. The
issuers and holders of the tax credit
bond will send Form 1097–BTC to the
bond holders quarterly and file the
return with the IRS annually.
Current Actions: This form is being
submitted for a new Information
Collection.
Type of Review: This is a new
collection.
Affected Public: Businesses or other
for profit organizations, not for profit
institutions, individuals or households.
Estimated Number of Respondents:
101,630,369.
Estimated Total Annual Burden
Hours: 828,287,508.
The following paragraph applies to all
of the collections of information covered
by this notice:
PO 00000
Frm 00114
Fmt 4703
Sfmt 9990
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: September 8, 2010.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2010–22790 Filed 9–13–10; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\14SEN1.SGM
14SEN1
]]>Agencies
[Federal Register Volume 75, Number 177 (Tuesday, September 14, 2010)]
[Notices]
[Page 55849]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-22790]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1097-BTC, Bond Tax
Credit
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 1097-BTC, Bond Tax Credit.
DATES: Written comments should be received on or before November 15,
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 form and instructions should be directed to Joel
Goldberger (202) 927-9368, at Internal Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the Internet
at joel.p.goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 1097-BTC, Bond Tax Credit.
Abstract: This is an information return for reporting tax credit
bond credits distributed to holders of tax credit bonds. The taxpayer
holding a tax credit bond on an allowance date during a tax year is
allowed a credit against federal income tax equivalent to the interest
that the bond would otherwise pay. The bondholder must include the
amount of the credit in gross income and treat it as interest income.
The issuers and holders of the tax credit bond will send Form 1097-BTC
to the bond holders quarterly and file the return with the IRS
annually.
Current Actions: This form is being submitted for a new Information
Collection.
Type of Review: This is a new collection.
Affected Public: Businesses or other for profit organizations, not
for profit institutions, individuals or households.
Estimated Number of Respondents: 101,630,369.
Estimated Total Annual Burden Hours: 828,287,508.
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: September 8, 2010.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2010-22790 Filed 9-13-10; 8:45 am]
BILLING CODE 4830-01-P
