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5416 Federal Register / Vol. 71, No.

21 / Wednesday, February 1, 2006 / Notices

approved by OMB. This form is being Notice and request for


ACTION: An agency may not conduct or
submitted for renewal purposes only. comments. sponsor, and a person is not required to
Type of Review: Extension of a respond to, a collection of information
SUMMARY: The Department of the
currently approved collection. unless the collection of information
Treasury, as part of its continuing effort displays a valid OMB control number.
Affected Public: Businesses and other
to reduce paperwork and respondent Books or records relating to a collection
for-profit organizations.
burden, invites the general public and of information must be retained as long
Estimated Number of Respondents: other Federal agencies to take this
19,814. as their contents may become material
opportunity to comment on proposed in the administration of any internal
Estimated Time Per Respondent: 3 and/or continuing information
hours 38 minutes. revenue law. Generally, tax returns and
collections, as required by the tax return information are confidential,
Estimated Total Annual Burden Paperwork Reduction Act of 1995,
Hours: 71,925. as required by 26 U.S.C. 6103.
Public Law 104–13 (44 U.S.C. Request For Comments: Comments
The following paragraph applies to all 3506(c)(2)(A)). Currently, the IRS is
of the collections of information covered submitted in response to this notice will
soliciting comments concerning be summarized and/or included in the
by this notice: Revenue Procedure 2002–47, Employee
An agency may not conduct or request for OMB approval. All
Plans Compliance Resolution System. comments will become a matter of
sponsor, and a person is not required to DATES: Written comments should be
respond to, a collection of information public record. Comments are invited on:
received on or before April 3, 2006 to (a) Whether the collection of
unless the collection of information be assured of consideration.
displays a valid OMB control number. information is necessary for the proper
ADDRESSES: Direct all written comments performance of the functions of the
Books or records relating to a collection
to Glenn P. Kirkland, Internal Revenue agency, including whether the
of information must be retained as long
Service, room 6516, 1111 Constitution information shall have practical utility;
as their contents may become material
Avenue, NW., Washington, DC 20224. (b) the accuracy of the agency’s estimate
in the administration of any internal
FOR FURTHER INFORMATION CONTACT: of the burden of the collection of
revenue law. Generally, tax returns and
tax return information are confidential, Requests for additional information or information; (c) ways to enhance the
as required by 26 U.S.C. 6103. copies of the revenue procedure should quality, utility, and clarity of the
be directed to R. Joseph Durbala, information to be collected; (d) ways to
Request For Comments: Comments
Internal Revenue Service, room 6516, minimize the burden of the collection of
submitted in response to this notice will
1111 Constitution Avenue, NW., information on respondents, including
be summarized and/or included in the
Washington, DC 20224, or through the through the use of automated collection
request for OMB approval. All
Internet at RJoseph.Durbala@irs.gov. techniques or other forms of information
comments will become a matter of
public record. Comments are invited on: SUPPLEMENTARY INFORMATION: technology; and (e) estimates of capital
(a) Whether the collection of Title: Employee Plans Compliance or start-up costs and costs of operation,
information is necessary for the proper Resolution System. maintenance, and purchase of services
OMB Number: 1545–1673. to provide information.
performance of the functions of the Revenue Procedure Number: Revenue
agency, including whether the Approved: January 23, 2006.
Procedure 2002–47.
information shall have practical utility; Abstract: The information requested Glenn P. Kirkland,
(b) the accuracy of the agency’s estimate in Revenue Procedure 2002–47 is IRS Reports Clearance Officer.
of the burden of the collection of required to enable the Internal Revenue [FR Doc. E6–1267 Filed 1–31–06; 8:45 am]
information; (c) ways to enhance the Service to make determinations BILLING CODE 4830–01–P
quality, utility, and clarity of the regarding the issuance of various types
information to be collected; (d) ways to of closing agreements and compliance
minimize the burden of the collection of statements. The issuance of closing DEPARTMENT OF THE TREASURY
information on respondents, including agreements and compliance statements
through the use of automated collection allows individual plans to continue to Internal Revenue Service
techniques or other forms of information maintain their tax-qualified status. As a [FI–7–94; FI–36–92]
technology; and (e) estimates of capital result, the favorable tax treatment of the
or start-up costs and costs of operation, benefits of the eligible employees is Proposed Collection; Comment
maintenance, and purchase of services retained. Request for Regulation Project
to provide information. Current Actions: There are no changes
being made to this revenue procedure at AGENCY: Internal Revenue Service (IRS),
Approved: January 23, 2006.
this time. Treasury.
Glenn P. Kirkland,
Type of Review: Extension of a ACTION: Notice and request for
IRS Reports Clearance Officer.
currently approved collection. comments.
[FR Doc. E6–1266 Filed 1–31–06; 8:45 am]
Affected Public: Individuals, business
BILLING CODE 4830–01–P
or other for-profit organizations, not-for- SUMMARY: The Department of the
profit institutions, and state, local or Treasury, as part of its continuing effort
tribal governments. to reduce paperwork and respondent
DEPARTMENT OF THE TREASURY burden, invites the general public and
Estimated Number of Respondents:
4,292. other Federal agencies to take this
Internal Revenue Service opportunity to comment on proposed
Estimated Time Per Respondent: 13
Proposed Collection; Comment hours, 6 minutes. and/or continuing information
cchase on PROD1PC60 with NOTICES

Request for Revenue Procedure 2002– Estimated Total Annual Burden collections, as required by the
47 Hours: 56,272. Paperwork Reduction Act of 1995,
The following paragraph applies to all Public Law 104–13 (44 U.S.C.
AGENCY: Internal Revenue Service (IRS), of the collections of information covered 3506(c)(2)(A)). Currently, the IRS is
Treasury. by this notice: soliciting comments concerning existing

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Federal Register / Vol. 71, No. 21 / Wednesday, February 1, 2006 / Notices 5417

final regulations, FI–7–94 (TD 8718; TD revenue law. Generally, tax returns and copies of the form and instructions
8538) and FI–36–92 (TD 8476), tax return information are confidential, should be directed to R. Joseph Durbala,
Arbitrage Restrictions on Tax-Exempt as required by 26 U.S.C. 6103. (202) 622–3634, at Internal Revenue
Bonds (Sections 1.148–2, 1.148–3, Request for Comments: Comments Service, room 6516, 1111 Constitution
1.148–4, 1.148–7, and 1.148–11). submitted in response to this notice will Avenue, NW., Washington, DC 20224,
DATES: Written comments should be be summarized and/or included in the or through the Internet at
received on or before April 3, 2006 to request for OMB approval. All RJoseph.Durbala@irs.gov.
be assured of consideration. comments will become a matter of SUPPLEMENTARY INFORMATION:
ADDRESSES: Direct all written comments public record. Comments are invited on: Title: Supplemental Income and Loss.
to Glenn P. Kirkland, Internal Revenue (a) Whether the collection of OMB Number: 1545–1972.
Service, room 6516, 1111 Constitution information is necessary for the proper Form Number: Schedule E (Form
Avenue, NW., Washington, DC 20224. performance of the functions of the 1040).
agency, including whether the Abstract: Schedule E (Form 1040) is
FOR FURTHER INFORMATION CONTACT:
information shall have practical utility; used by individuals to report their
Requests for additional information or
(b) the accuracy of the agency’s estimate Supplemental Income. The data is used
copies of regulations should be directed
of the burden of the collection of to verify that the items reported on the
to Allan Hopkins, at (202) 622–6665, or
information; (c) ways to enhance the form are correct and also for general
at Internal Revenue Service, room 6516,
quality, utility, and clarity of the statistical use.
1111 Constitution Avenue, NW.,
information to be collected; (d) ways to Current Actions: There is no change
Washington, DC 20224, or through the
minimize the burden of the collection of in the paperwork burden previously
internet, at Allan.M.Hopkins@irs.gov.
collection techniques or other forms of approved by OMB. This form is being
SUPPLEMENTARY INFORMATION: information technology; and (e)
Title: Arbitrage Restrictions on Tax- submitted for renewal purposes only.
estimates of capital or start-up costs and Type of Review: Extension of a
Exempt Bonds. costs of operation, maintenance, and
OMB Number: 1545–1347. currently approved collection.
purchase of services to provide Affected Public: Businesses and other
Regulation Project Numbers: FI–36–
information. for-profit organizations.
92; FI–7–94.
Abstract: Section 148 of the Internal Approved: January 18, 2006. Estimated Number of Respondents:
Revenue Code requires issuers of tax- Glenn P. Kirkland, 45,463.
exempt bonds to rebate certain arbitrage IRS Reports Clearance Officer. Estimated Time Per Respondent: 6
profits earned on nonpurpose [FR Doc. E6–1278 Filed 1–31–06; 8:45 am] hours 16 minutes.
investments acquired with the bond Estimated Total Annual Burden
BILLING CODE 4830–01–P
proceeds. Under FI–36–92, issuers are Hours: 284,599.
required to file a Form 8038–T and The following paragraph applies to all
remit the rebate. DEPARTMENT OF THE TREASURY of the collections of information covered
Issuers are also required to keep by this notice:
records of certain interest rate hedges so Internal Revenue Service An agency may not conduct or
that the hedges are taken into account sponsor, and a person is not required to
in determining arbitrage profits. Under Proposed Collection; Comment respond to, a collection of information
FI–7–94, the scope of interest rate Request for Schedule E (Form 1040) unless the collection of information
hedging transactions covered by the displays a valid OMB control number.
AGENCY: Internal Revenue Service (IRS),
arbitrage regulations was broadened by Books or records relating to a collection
Treasury.
requiring that hedges entered into prior of information must be retained as long
ACTION: Notice and request for as their contents may become material
to the sale date of the bonds are covered
comments. in the administration of any internal
as well.
Current Actions: There is no change to SUMMARY: The Department of the
revenue law. Generally, tax returns and
these existing regulations. Treasury, as part of its continuing effort tax return information are confidential,
Type of Review: Extension of a to reduce paperwork and respondent as required by 26 U.S.C. 6103.
currently approved collection. burden, invites the general public and Request for Comments: Comments
Affected Public: State, local or tribal other Federal agencies to take this submitted in response to this notice will
governments. opportunity to comment on proposed be summarized and/or included in the
Estimated Number of Respondents: and/or continuing information request for OMB approval. All
3,100. collections, as required by the comments will become a matter of
Estimated Time per Respondent: 14 Paperwork Reduction Act of 1995, public record. Comments are invited on:
hr., 34 min. Public Law 104–13 (44 U.S.C. (a) Whether the collection of
Estimated Total Annual Burden 3506(c)(2)(A)). Currently, the IRS is information is necessary for the proper
Hours: 42,050. soliciting comments concerning performance of the functions of the
The following paragraph applies to all Schedule E (Form 1040), Supplemental agency, including whether the
of the collections of information covered Income and Loss. information shall have practical utility;
by this notice: (b) the accuracy of the agency’s estimate
DATES: Written comments should be
An agency may not conduct or of the burden of the collection of
sponsor, and a person is not required to received on or before April 3, 2006 to information; (c) ways to enhance the
respond to, a collection of information be assured of consideration. quality, utility, and clarity of the
unless the collection of information ADDRESSES: Direct all written comments information to be collected; (d) ways to
cchase on PROD1PC60 with NOTICES

displays a valid OMB control number. to Glenn P. Kirkland, Internal Revenue minimize the burden of the collection of
Books or records relating to a collection Service, room 6516, 1111 Constitution information on respondents, including
of information must be retained as long Avenue, NW., Washington, DC 20224. through the use of automated collection
as their contents may become material FOR FURTHER INFORMATION CONTACT: techniques or other forms of information
in the administration of any internal Requests for additional information or technology; and (e) estimates of capital

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