Proposed Extension of Information Collection Request Submitted for Public Comment; Qualified Lessee Construction Allowances for Short-Term Leases, 11580-11581 [2018-05305]

Download as PDF 11580 Federal Register / Vol. 83, No. 51 / Thursday, March 15, 2018 / Notices things, extend the term of the trackage rights to December 31, 2016.1 Non-Profit Organizations withThe earliest this transaction may be out Credit Available Elseconsummated is March 29, 2018, the where ..................................... 2.500 effective date of the exemption (30 days after the verified notice of exemption was filed). The number assigned to this disaster As a condition to this exemption, any for physical damage is 154468 and for employees affected by the trackage economic injury is 154470. rights will be protected by the (Catalog of Federal Domestic Assistance conditions imposed in Norfolk & Number 59008) Western Railway—Trackage Rights— James E. Rivera, Burlington Northern, Inc., 354 I.C.C. 605 Associate Administrator for Disaster (1978), as modified in Mendocino Coast Assistance. Railway—Lease & Operate—California [FR Doc. 2018–05241 Filed 3–14–18; 8:45 am] Western Railroad, 360 I.C.C. 653 (1980). This notice is filed under 49 CFR BILLING CODE 8025–01–P 1180.2(d)(7). If the notice contains false or misleading information, the exemption is void ab initio. Petitions to SURFACE TRANSPORTATION BOARD revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not [Docket No. FD 36165] automatically stay the effectiveness of the exemption. Stay petitions must be Toledo, Peoria & Western Railway filed by March 22, 2018 (at least seven Corp.—Trackage Rights Renewal days before the exemption becomes Exemption—Tazewell & Peoria effective). Railroad, Inc. An original and 10 copies of all The Tazewell & Peoria Railroad, Inc. pleadings, referring to Docket No. (TZPR), has agreed to renew overhead 36165, must be filed with the Surface trackage rights to Toledo, Peoria & Transportation Board, 395 E Street, SW, Western Railway Corp. (TPW). The Washington, DC 20423–0001. In trackage rights extend between TPW addition, a copy of each pleading must milepost 109.4 at East Peoria, Ill., and be served on Erik M. Hocky, Clark Hill, TPW milepost 113.9 at Peoria, Ill. (the PLC, One Commerce Square, 2005 Line), a distance of approximately 4.7 Market Street, Suite 1000, Philadelphia, miles, including overhead trackage PA 19103. Board decisions and notices are rights to handle intermodal traffic from the intermediate point of the connection available on our website at ‘‘WWW.STB.GOV.’’ between TZPR and BNSF Railway Company (BNSF) near Darst Street to Decided: March 12, 2018. TPW milepost 109.4 in East Peoria. By the Board, Scott M. Zimmerman, Acting Director, Office of Proceedings. TPW states that the purpose of the transaction is to renew trackage rights Jeffrey Herzig, originally granted to TPW by Peoria & Clearance Clerk. Pekin Union Railway Company (PPU) in [FR Doc. 2018–05289 Filed 3–14–18; 8:45 am] 1995. Toledo, Peoria & W. Ry.— BILLING CODE 4915–01–P Trackage Rights Exemption—Peoria & Pekin Union Ry., FD 32654 (ICC served Feb. 6, 1995). In 2001, the trackage DEPARTMENT OF TRANSPORTATION rights were amended to include an intermediate connection with BNSF for Federal Aviation Administration handling intermodal traffic. Toledo, Peoria & W. Ry.—Trackage Rights Notice of Intent To Rule on Request To Exemption—Peoria & Pekin Union Ry., Release Airport Property at the FD 34009 (STB served Feb. 23, 2001). In Northeast Philadelphia Airport (PNE), 2004, the Board authorized TZPR to Philadelphia, Pennsylvania; Correction lease the Line, and other lines, from AGENCY: Federal Aviation PPU. Tazewell & Peoria RR—Lease & Administration, (FAA), DOT. Operation Exemption—Peoria & Pekin ACTION: Notice; correction. Union Ry., FD 34544 (STB served Sept. 28, 2004). TPW states that on August 1, 2006, TZPR and TPW entered into an 1 TWP did not seek or receive Board authorization amended and restated trackage rights for the transaction encompassed in the 2006 Restated Agreement. This notice of exemption is agreement (2006 Restated Agreement) published nevertheless because the same class that did not change the scope of the exemption applies to trackage rights acquisitions trackage rights, but did, among other and renewals. See 49 CFR 1180.2(d)(7). sradovich on DSK3GMQ082PROD with NOTICES Percent VerDate Sep<11>2014 17:34 Mar 14, 2018 Jkt 244001 PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 The FAA published a document in the Federal Register of February 27, 2018, concerning requests for comments on its intent to rule on request to release airport property at the Northeast Philadelphia Airport, Philadelphia, PA. The document contained incorrect dates. FOR FURTHER INFORMATION CONTACT: Ms. Cayla D. Morgan, (425) 227–2653. SUMMARY: Correction In the Federal Register of February 27, 2018, in FR Doc. 2018–03954, on page 8566, in the second column, correct the DATES caption to read: DATES: Comments must be received on or before April 16, 2018. Issued in Camp Hill, PA, on February 27, 2018. Lori K. Pagnanelli, Manager, Harrisburg Airports District Office. [FR Doc. 2018–04581 Filed 3–14–18; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Qualified Lessee Construction Allowances for ShortTerm Leases Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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. Currently, the IRS is soliciting comments concerning information collection requirements related to qualified lessee construction allowances for short-term leases. DATES: Written comments should be received on or before May 14, 2018 to be assured of consideration. ADDRESSES: Direct all written comments to Roberto Mora-Figueroa, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW, Washington, DC 20224. 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 through the internet, at RJoseph.Durbala@irs.gov. SUMMARY: E:\FR\FM\15MRN1.SGM 15MRN1 Federal Register / Vol. 83, No. 51 / Thursday, March 15, 2018 / Notices sradovich on DSK3GMQ082PROD with NOTICES SUPPLEMENTARY INFORMATION: Title: Qualified Lessee Construction Allowances for Short-Term Leases. OMB Number: 1545–1661. Regulation Project Number: TD 8901. Abstract: This document contains final regulations concerning an exclusion from gross income for qualified lessee construction allowances provided by a lessor to a lessee for the purpose of constructing long-lived property to be used by the lessee pursuant to a short-term lease. The final regulations affect a lessor and a lessee paying and receiving, respectively, qualified lessee construction allowances that are depreciated by a lessor as nonresidential real property and excluded from the lessee’s gross income. The final regulations provide guidance on the exclusion, the information required to be furnished by the lessor and the lessee, and the time and manner for providing that information to the IRS. Current Actions: There is no change to the burden previously approved. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 10,000. Estimated Time per Respondent: 1 hour. Estimated Total Annual Burden Hours: 10,000. The following paragraph applies to all 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 if 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. Desired Focus of Comments: The Internal Revenue Service (IRS) is particularly interested in comments that: • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate 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; VerDate Sep<11>2014 17:34 Mar 14, 2018 Jkt 244001 • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including using appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., by permitting electronic submissions of responses. Comments submitted in response to this notice will be summarized and/or included in the ICR for OMB approval of the extension of the information collection; they will also become a matter of public record. Approved: March 6, 2018. R. Joseph Durbala, IRS Tax Analyst. [FR Doc. 2018–05305 Filed 3–14–18; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Rules Relating to Registration Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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. Currently, the IRS is soliciting comments concerning information collection requirements related to the rules relating to registration under section 4101. DATES: Written comments should be received on or before May 14, 2018 to be assured of consideration. ADDRESSES: Direct all written comments to Roberto Mora-Figueroa, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW, Washington, DC 20224. 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 through the internet, at RJoseph.Durbala@irs.gov. SUPPLEMENTARY INFORMATION: Title: Taxable Fuel; registration. SUMMARY: PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 11581 OMB Number: 1545–0725. Form Number: 928. Abstract: Under IRC section 4101(b) Secretary may require, as a condition of registration under 4101(a), that the applicant give a bond in an amount that the Secretary determines is appropriate. Applicant’s that do not meet all the applicable registration tests for Form 637 registration must secure a federal bond, from an acceptable surety or reinsurer listed in Circular 570, prior to receiving a Form 637 registration under section 4101. Form 928 is used for this purpose. Current Actions: There is no change to the burden previously approved. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 500. Estimated Time per Respondent: 2.56 hours. Estimated Total Annual Burden Hours: 1,280. The following paragraph applies to all 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 if 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. Desired Focus of Comments: The Internal Revenue Service (IRS) is particularly interested in comments that: • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate 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; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including using appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., by permitting electronic submissions of responses. E:\FR\FM\15MRN1.SGM 15MRN1

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[Federal Register Volume 83, Number 51 (Thursday, March 15, 2018)]
[Notices]
[Pages 11580-11581]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-05305]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Extension of Information Collection Request Submitted 
for Public Comment; Qualified Lessee Construction Allowances for Short-
Term Leases

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: The Internal Revenue Service, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the 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. Currently, the IRS is soliciting comments 
concerning information collection requirements related to qualified 
lessee construction allowances for short-term leases.

DATES: Written comments should be received on or before May 14, 2018 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Roberto Mora-Figueroa, 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW, 
Washington, DC 20224. 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 through the internet, at [email protected].

[[Page 11581]]


SUPPLEMENTARY INFORMATION: 
    Title: Qualified Lessee Construction Allowances for Short-Term 
Leases.
    OMB Number: 1545-1661.
    Regulation Project Number: TD 8901.
    Abstract: This document contains final regulations concerning an 
exclusion from gross income for qualified lessee construction 
allowances provided by a lessor to a lessee for the purpose of 
constructing long-lived property to be used by the lessee pursuant to a 
short-term lease. The final regulations affect a lessor and a lessee 
paying and receiving, respectively, qualified lessee construction 
allowances that are depreciated by a lessor as nonresidential real 
property and excluded from the lessee's gross income. The final 
regulations provide guidance on the exclusion, the information required 
to be furnished by the lessor and the lessee, and the time and manner 
for providing that information to the IRS.
    Current Actions: There is no change to the burden previously 
approved.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 10,000.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 10,000.
    The following paragraph applies to all 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 if 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.
    Desired Focus of Comments: The Internal Revenue Service (IRS) is 
particularly interested in comments that:
     Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
     Evaluate 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;
     Enhance the quality, utility, and clarity of the 
information to be collected; and
     Minimize the burden of the collection of information on 
those who are to respond, including using appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology, e.g., by permitting electronic 
submissions of responses.
    Comments submitted in response to this notice will be summarized 
and/or included in the ICR for OMB approval of the extension of the 
information collection; they will also become a matter of public 
record.

    Approved: March 6, 2018.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2018-05305 Filed 3-14-18; 8:45 am]
 BILLING CODE 4830-01-P