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Federal Register / Vol. 70, No.

204 / Monday, October 24, 2005 / Notices 61505

This information collection supports the Licensing Division, Office of Foreign respond to, a collection of information
the DOT strategic goal of safety by Assets Control, Department of the unless the collection of information
reducing the number of fatalities, Treasury, 1500 Pennsylvania Avenue, displays a valid Office of Management
injuries, and amount of property NW., Annex—2d Floor, Washington, DC and Budget (‘‘OMB’’) control number.
damage. 20220. Books or records relating to a collection
As used in this notice, ‘‘information FOR FURTHER INFORMATION CONTACT: of information must be retained for five
collection’’ includes all work related to Requests for additional information years.
preparing and disseminating about the filings or procedures should Request for Comments
information related to this be directed to the Licensing Division,
recordkeeping requirement including Office of Foreign Assets Control, Comments submitted in response to
completing paperwork, gathering Department of the Treasury, 1500 this notice will be summarized and/or
information and conducting telephone Pennsylvania Avenue, NW., Annex—2d included in the request for OMB
calls. Floor, Washington, DC 20220. approval. All comments will become a
Type of Information Collection matter of public record. Comments are
SUPPLEMENTARY INFORMATION:
Request: Renewal of Existing Collection. Title: OFAC Application for the invited on: (a) Whether the collection of
Title of Information Collection: Release of Blocked Funds. information is necessary for the proper
Operator Qualification of Pipeline Agency Form Number: TD–F 90– performance of the functions of the
Personnel. 22.54. agency, including whether the
Respondents: Gas and hazardous OMB Number: 1505–0170. information has practical utility; (b) the
liquid pipeline operators. Abstract: Transactions prohibited accuracy of the agency’s estimate of the
Estimated Number of Respondents: pursuant to the Trading With the Enemy burden of the collection of information;
22,300. Act, 50 U.S.C. App. 1–44, the (c) ways to enhance the quality, utility,
Estimated Number of Responses per International Emergency Economic and clarity of the information to be
Respondent: 1. Powers Act, 50 U.S.C. 1701, and similar collected; (d) ways to minimize the
Estimated Total Annual Burden on authorities may be authorized by means burden of the collection of information
Respondents: 466,667 hours. of specific licenses issued by the Office on respondents, including through the
Issued in Washington, DC, on October 18, of Foreign Assets Control (‘‘OFAC’’). use of automated collection techniques
2005. Such licenses are issued in response to or other forms of information
Florence L. Hamn, applications submitted by persons or technology; and (e) estimates of capital
institutions whose property has been or start-up costs and costs of operation,
Director of Regulations, Office of Pipeline
Safety. blocked or who wish to engage in maintenance, and purchase of services
transactions that would otherwise be to provide information.
[FR Doc. 05–21141 Filed 10–21–05; 8:45 am]
BILLING CODE 4910–60–P prohibited. Form TD–F 90–22.54, which Approved: October 18, 2005.
provides a standardized method for all Barbara C. Hammerle,
applicants seeking the unblocking of Deputy Director, Office of Foreign Assets
DEPARTMENT OF THE TREASURY funds transfers, is available in electronic Control.
format on OFAC’s website. Use of the [FR Doc. 05–21198 Filed 10–21–05; 8:45 am]
Office of Foreign Assets Control form greatly facilitates and speeds these BILLING CODE 4810–25–P
applicants’ submissions and OFAC’s
Proposed Collection; Comment processing of such applications while
Request for Electronic License simultaneously obviating the need for DEPARTMENT OF THE TREASURY
Application Form applicants to write lengthy letters to
OFAC, thus reducing the overall burden Internal Revenue Service
AGENCY: Office of Foreign Assets of the application process. Since
Control, Treasury. February 2000, use of the form to apply [PS–102–86]
ACTION: Notice and request for for the unblocking of funds transfers has
comments. Proposed Collection; Comment
been mandatory pursuant to a revision Request for Regulation Project
in OFAC’s regulations at 31 CFR
SUMMARY: The Department of the
501.801. See 65 FR 10708, February 29, AGENCY: Internal Revenue Service (IRS),
Treasury, as part of its continuing effort
2000. Treasury.
to reduce paperwork and respondent
Current Actions: There are no changes ACTION: Notice and request for
burden, invites the general public and
being made to the form at this time. comments.
other Federal agencies to comment on
Type of Review: Extension of a
proposed and/or continuing information SUMMARY: The Department of the
currently approved collection.
collections, as required by the Affected Public: Individuals/ Treasury, as part of its continuing effort
Paperwork Reduction Act of 1995, businesses and other for-profit to reduce paperwork and respondent
Public Law 104–13 (44 U.S.C. institutions/banking institutions. burden, invites the general public and
3506(c)(2)(A)). Currently, the Office of Estimated Number of Respondents: other Federal agencies to take this
Foreign Assets Control (‘‘OFAC’’) within 3,000. opportunity to comment on proposed
the Department of the Treasury is Estimated Time Per Respondent: 30 and/or continuing information
soliciting comments concerning OFAC’s minutes. collections, as required by the
Electronic License Application Form Estimated Total Annual Burden Paperwork Reduction Act of 1995,
TD–F 90–22.54. Hours: 1,500. Public Law 104–13 (44 U.S.C.
DATES: Written comments should be The following paragraph applies to all 3506(c)(2)(A)). Currently, the IRS is
received on or before December 23, 2005 of the collections of information covered soliciting comments concerning an
to be assured of consideration. by this notice: existing final regulation, PS–102–86 (TD
ADDRESSES: Direct all written comments An agency may not conduct or 8316), Cooperative Housing
to ‘‘Paperwork Reduction Act’’ care of sponsor, and a person is not required to Corporations (§ 1.216–1(d)(2)).

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61506 Federal Register / Vol. 70, No. 204 / Monday, October 24, 2005 / Notices

DATES: Written comments should be agency, including whether the Title: Applicable Conventions Under
received on or before December 23, 2005 information shall have practical utility; the Accelerated Cost Recovery System.
to be assured of consideration. (b) the accuracy of the agency’s estimate OMB Number: 1545–1146.
ADDRESSES: Direct all written comments of the burden of the collection of
Regulation Project Number: PS–54–89
to Glenn P. Kirkland, Internal Revenue information; (c) ways to enhance the
Final.
Service, room 6516, 1111 Constitution quality, utility, and clarity of the
Avenue NW., Washington, DC 20224. information to be collected; (d) ways to Abstract: The regulations describe the
minimize the burden of the collection of time and manner of making the notation
FOR FURTHER INFORMATION CONTACT:
information on respondents, including required to be made on Form 4562,
Requests for additional information or
through the use of automated collection under certain circumstances when the
copies of this regulation should be
techniques or other forms of information taxpayer transfers property in certain
directed to R. Joseph Durbala, (202)
technology; and (e) estimates of capital non-recognition transactions. The
622–3634, Internal Revenue Service,
or start-up costs and costs of operation, information is necessary to monitor
room 6516, 1111 Constitution Avenue
maintenance, and purchase of services compliance with section 168 of the
NW., Washington, DC 20224 or through
to provide information. Internal Revenue Code.
the Internet (RJoseph.Durbala@irs.gov).
SUPPLEMENTARY INFORMATION: Title: Approved: October 14, 2005. Current Actions: There is no change to
Cooperative Housing Corporations. Glenn P. Kirkland, this existing regulation.
OMB Number: 1545–1041. IRS Reports Clearance Officer. Type of Review: Extension of a
Regulation Project Number: PS–102– [FR Doc. E5–5844 Filed 10–21–05; 8:45 am] currently approved collection.
86 Final. BILLING CODE 4830–01–P Affected Public: Business or other for-
Abstract: Section 1.216–1(d)(2) of this profit organizations, and farms.
regulation allows cooperative housing
Estimated Number of Respondents:
corporations to make an election DEPARTMENT OF THE TREASURY 700.
whereby the amounts of mortgage
interest and/or real estate taxes Internal Revenue Service Estimated Time Per Respondent: 6
allocated to tenant-stockholders of the min.
corporation will be based on a [PS–54–89] Estimated Total Annual Burden
reasonable estimate of the actual costs Hours: 70 hours.
Proposed Collection; Comment
attributable to each tenant-stockholders The following paragraph applies to all
Request for Regulation Project
based on the number of shares held in of the collections of information covered
the corporation. AGENCY: Internal Revenue Service (IRS), by this notice:
Current Actions: There is no change to Treasury.
An agency may not conduct or
this existing regulation. ACTION: Notice and request for
Type of Review: Extension of a sponsor, and a person is not required to
comments. respond to, a collection of information
currently approved collection.
Affected Public: Individuals or unless the collection of information
SUMMARY: The Department of the
households, and business or other for- displays a valid OMB control number.
Treasury, as part of its continuing effort
profit organizations. Books or records relating to a collection
to reduce paperwork and respondent
Estimated Number of Respondents: of information must be retained as long
burden, invites the general public and
2,500. as their contents may become material
other Federal agencies to take this
Estimated Time Per Respondent: 15 in the administration of any internal
opportunity to comment on proposed
minutes. revenue law. Generally, tax returns and
and/or continuing information
Estimated Total Annual Burden tax return information are confidential,
collections, as required by the
Hours: 625. as required by 26 U.S.C. 6103.
Paperwork Reduction Act of 1995,
The following paragraph applies to all Public Law 104–13(44 U.S.C. Request For Comments: Comments
of the collections of information covered 3506(c)(2)(A)). Currently, the IRS is submitted in response to this notice will
by this notice. soliciting comments concerning an be summarized and/or included in the
An agency may not conduct or existing final regulation, PS–54–89 (TD request for OMB approval. All
sponsor, and a person is not required to 8444). Applicable Conventions Under comments will become a matter of
respond to, a collection of information the Accelerated Cost Recovery System public record. Comments are invited on:
unless the collection of information (§ 1.168(d)–1(b)(7)). (a) Whether the collection of
displays a valid OMB control number. DATES: Written comments should be
information is necessary for the proper
Books or records relating to a collection received on or before December 23, performance of the functions of the
of information must be retained as long 2005, to be assured of consideration. agency, including whether the
as their contents may become material information shall have practical utility;
ADDRESSES: Direct all written comments
in the administration of any internal (b) the accuracy of the agency’s estimate
revenue law. Generally, tax returns and to Glenn P. Kirkland, Internal Revenue of the burden of the collection of
tax return information are confidential, Service, room 6516, 1111 Constitution information; (c) ways to enhance the
as required by 26 U.S.C. 6103. Avenue NW., Washington, DC 20224. quality, utility, and clarity of the
Request For Comments: Comments FOR FURTHER INFORMATION CONTACT: information to be collected; (d) ways to
submitted in response to this notice will Requests for additional information or minimize the burden of the collection of
be summarized and/or included in the copies of the regulation should be information on respondents, including
request for OMB approval. All directed to R. Joseph Durbala (202) 622– through the use of automated collection
comments will become a matter of 3634, Internal Revenue Service, room techniques or other forms of information
public record. Comments are invited on: 6516, 1111 Constitution Avenue NW., technology; and (e) estimates of capital
(a) Whether the collection of Washington, DC 20224, or through the or start-up costs and costs of operation,
information is necessary for the proper Internet at RJoseph.Durbala@irs.gov. maintenance, and purchase of services
performance of the functions of the SUPPLEMENTARY INFORMATION: to provide information.

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