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Federal Register / Vol. 70, No.

77 / Friday, April 22, 2005 / Notices 20963

NHTSA asks for public comments on —10 manufacturers × 24 hrs. amortized C&G certifies that its projected annual
the following proposed collection of over 5 yrs. = 48 hrs. per year. revenues as a result of this transaction
information for which the agency is • Estimated burden to lift will not result in the creation of a Class
seeking extension of approval from manufacturers to produce two labels for I or Class II rail carrier, and that its
OMB: operating and backup lift operation: annual revenues will not exceed $5
Title: 49 CFR 571.403, Platform lift —10 manufacturers × 24 hrs. million.
systems for motor vehicles and 49 CFR amortized over 5 yrs. = 48 hrs. per year. The transaction was scheduled to be
571.404, Platform lift installations in consummated after March 30, 2005, the
• Total estimated hour burden per
motor vehicles. effective date of the exemption (7 days
year = 144 hours.
OMB Control Number: 2127–0621. • Estimated cost to lift manufacturers after the exemption was filed).2
Form Number: None. to produce: If the notice contains false or
Affected Public: Platform lift misleading information, the exemption
—Label for operating instructions— is void ab initio. Petitions to revoke the
manufacturers and vehicle 27,398 lifts × $0.13 per label =
manufacturers/alterers that install exemption under 49 U.S.C. 10502(d)
$3,561.74. may be filed at any time. The filing of
platform lifts in new motor vehicles —Label for backup operations—27,398
a petition to revoke will not
before first vehicle sale. lifts × $0.13 per label = $3,561.74.
automatically stay the transaction.
Requested Expiration Date of —Owner’s manual insert—27,398 lifts ×
An original and 10 copies of all
Approval: Three years from approval $0.04 per page × 1 page = $1,095.92.
date. pleadings, referring to STB Finance
—Installation instructions—27,398 lifts
Docket No. 34666, must be filed with
Abstract: FMVSS No. 403, Platform × $0.04 per page × 1 page = $1,095.92.
the Surface Transportation Board, 1925
lift systems for motor vehicles, Note: Although lift installation instructions K Street, NW., Washington, DC 20423–
establishes minimum performance are considerably more than one page, lift 0001. In addition, one copy of each
standards for platform lifts designed for manufacturers already provide lift
pleading must be served on H. Lynn
installation on motor vehicles. Its installation instructions in the normal course
of business and one additional page should Gibson, 201 19th Street North, P.O. Box
purpose is to prevent injuries and
be adequate to allow for the inclusion of 6000, Columbus, MS 39703.
fatalities to passengers and bystanders
FMVSS specific information. Board decisions and notices are
during the operation of platform lifts
available on our Web site at http://
that assist persons with limited mobility • Total estimated annual cost =
www.stb.dot.gov.
in entering and leaving a vehicle. $9,315.32.
FMVSS No. 404, Platform lift Decided: April 18, 2005.
Issued on: April 18, 2005.
installations in motor vehicles, places By the Board, David M. Konschnik,
Stephen R. Kratzke, Director, Office of Proceedings.
specific requirements on vehicle
Associate Administrator for Rulemaking. Vernon A. Williams,
manufacturers or alterers who install
[FR Doc. 05–8068 Filed 4–21–05; 8:45 am]
platform lifts in new vehicles. Under Secretary.
BILLING CODE 4910–59–P
these regulations, lift manufacturers [FR Doc. 05–8089 Filed 4–21–05; 8:45 am]
must certify that their lifts meet the BILLING CODE 4915–01–P
requirements of FMVSS No. 403 and
DEPARTMENT OF TRANSPORTATION
must declare the certification on the
owner’s manual insert, the installation Surface Transportation Board
instructions and the lift operating DEPARTMENT OF THE TREASURY
instruction label. Certification of [STB Finance Docket No. 34666]
Internal Revenue Service
compliance with FMVSS No. 404 is on
the certification label already required Columbus and Greenville Railway
Company—Acquisition and Operation Proposed Collection; Comment
of vehicle manufacturers and alterers Request for Form 1099–DIV
under 49 CFR Part 567. Therefore, lift Exemption—Line of City of
manufacturers must produce an insert Greenwood, MS AGENCY: Internal Revenue Service (IRS),
that is placed in the vehicle owner’s Columbus and Greenville Railway Treasury.
manual, installation instructions and Company (C&G), a Class III rail carrier, ACTION: Notice and request for
one or two labels that are placed near has filed a verified notice of exemption comments.
the controls of the lift. The requirements under 49 CFR 1150.41 to acquire from
and our estimates of the hour burden the City of Greenwood (City) and SUMMARY: The Department of the
and cost to lift manufacturers are given operate approximately 2.99 miles of Treasury, as part of its continuing effort
below. There is no burden to the general newly constructed bypass rail line, to reduce paperwork and respondent
public. extending from C&G milepost 113.59 to burden, invites the general public and
• Estimated burden to lift C&G milepost 116.57, in Leflore County, other Federal agencies to take this
manufacturers to produce an insert for MS.1 opportunity to comment on proposed
the vehicle owner’s manual stating the and/or continuing information
lift’s platform operating volume, 1 C&G’s main line runs through the City. C&G collections, as required by the
maintenance schedule, and instructions intends to file for abandonment authority over a Paperwork Reduction Act of 1995, Pub.
regarding the lift operating procedures: portion of that line, between milepost 112.67 and L. 104–13 (44 U.S.C. 3506(c)(2)(A)).
milepost 114.26, and, once abandonment has been Currently, the IRS is soliciting
—10 manufacturers × 24 hrs. amortized authorized, it intends to deed the abandoned
over 5 yrs. = 48 hrs. per year. segment to the City for public use. C&G states that
the City intends to deed the bypass track and 2 On March 30, 2005, Morris Recycling, Inc.

• Estimated burden to lift attendant properties to it, which will be an equal (Morris), filed petitions to stay and to revoke the
manufacturers to produce lift exchange and allow the City to reach its goal of transaction. On April 8, 2005, C&G responded, and,
moving rail operations out of the City’s central on April 14, 2005, Morris filed a petition for leave
installation instructions identifying commercial area. C&G also states that it will gain to file a reply and a reply to C&G’s reply. These
the vehicles on which the lift is a more efficient and safer main line operation over filings will be addressed in a separate Board
designed to be installed: the bypass track. decision.

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20964 Federal Register / Vol. 70, No. 77 / Friday, April 22, 2005 / Notices

comments concerning Form 1099–DIV, information shall have practical utility; Title: Purchase Price Allocation in
Dividends and Distributions. (b) the accuracy of the agency’s estimate Deemed and Actual Asset Acquisition.
DATES: Written comments should be of the burden of the collection of OMB Number: 1545–1658.
received on or before June 21, 2005 to information; (c) ways to enhance the Regulation Project Number: REG–
be assured of consideration. quality, utility, and clarity of the 107069–97.
ADDRESSES: Direct all written comments information to be collected; (d) ways to Abstract: Section 338 of the Internal
to Glenn Kirkland Internal Revenue minimize the burden of the collection of Revenue Code provides rules under
Service, room 6512, 1111 Constitution information on respondents, including which a qualifying stock acquisition is
Avenue NW., Washington, DC 20224. through the use of automated collection treated as an asset acquisition (a
techniques or other forms of information ‘‘deemed asset acquisition’’) when an
FOR FURTHER INFORMATION CONTACT:
technology; and (e) estimates of capital appropriate election is made. Section
Requests for additional information or or start-up costs and costs of operation,
copies of the form and instructions 1060 provides rules for the allocation of
maintenance, and purchase of services consideration when a trade or business
should be directed to Larnice Mack at to provide information.
Internal Revenue Service, room 6512, is transferred. The collection of
1111 Constitution Avenue NW., Approved: April 12, 2005. information is necessary to make the
Washington, DC 20224, or at (202) 622– Glenn Kirkland, election, to calculate and collect the
3179, or through the Internet at IRS Reports Clearance Officer. appropriate amount of tax liability when
(Larnice.Mack@irs.gov). [FR Doc. E5–1887 Filed 4–21–05; 8:45 am] a qualifying stock acquisition is made,
BILLING CODE 4830–01–P
to determine the persons liable for such
SUPPLEMENTARY INFORMATION: tax, and to determine the bases of assets
Title: Dividends and Distributions. acquired in the deemed asset
OMB Number: 1545–0110. acquisition.
Form Number: 1099–DIV. DEPARTMENT OF THE TREASURY
Current Actions: There are no change
Abstract: Form 1099–DIV is used by
Internal Revenue Service to this existing regulation.
the IRS to insure that dividends are
Type of Review: Extension of OMB
properly reported as required by [REG–107069–97]
approval.
Internal Revenue Code section 6042,
Proposed Collection; Comment Affected Public: Business or other for-
that liquidation distributions are
Request for Regulation Project profit organizations, and farms.
correctly reported as required by Code
The regulation provides that a section
section 6043, and to determine whether AGENCY: Internal Revenue Service (IRS), 338 election is made by filing Form
payees are correctly reporting their Treasury. 8023. The burden for this requirement is
income. ACTION: Notice and request for
Current Actions: There are no changes reflected in the burden of Form 8023.
comments. The regulation also provides that both a
being made to the form at this time.
Type of Review: Extension of a SUMMARY: The Department of the
seller and a purchaser must each file an
currently approved collection. Treasury, as part of its continuing effort asset acquisition statement on Form
Affected Public: Business or other for- to reduce paperwork and respondent 8594. The burden for this requirement is
profit organizations. burden, invites the general public and reflected in the burden of Form 8594.
Estimated Number of Responses: other Federal agencies to take this The burden for the collection of
111,922,150. opportunity to comment on proposed information in § 1.338–2T(e)(4) is as
Estimated Time Per Response: 20 and/or continuing information follows:
minutes. collections, as required by the Estimated Number of Respondents/
Estimated Total Annual Burden Paperwork Reduction Act of 1995, Pub. Recordkeeper: 45.
Hours: 38,156,519. L. 104–13(44 U.S.C. 3506(c)(2)(A)). Estimated Average Annual Burden
The following paragraph applies to all Currently, the IRS is soliciting Per Respondent/Recordkeeper: 34
of the collections of information covered comments concerning existing final minutes.
by this notice: regulation, REG–107069–97 (TD 8940), Estimated Total Annual Reporting/
An agency may not conduct or Purchase Price Allocations in Deemed Recordkeeping Hours: 25.
sponsor, and a person is not required to and Actual Asset Acquisitions The following paragraph applies to all
respond to, a collection of information (§§ 1.338–2, 1.338–5, 1.338–10, 1/ of the collections of information covered
unless the collection of information 338(h)(10)-1, and 1.1060–1). by this notice:
displays a valid OMB control number. An agency may not conduct or
DATES: Written comments should be
Books or records relating to a collection sponsor, and a person is not required to
received on or before June 21, 2005 to
of information must be retained as long respond to, a collection of information
be assured of consideration.
as their contents may become material unless the collection of information
ADDRESSES: Direct all written comments
in the administration of any internal displays a valid OMB control number.
to Glenn Kirkland, Internal Revenue Books or records relating to a collection
revenue law. Generally, tax returns and
Service, Room 6510, 1111 Constitution of information must be retained as long
tax return information are confidential,
Avenue NW., Washington, DC 20224. as their contents may become material
as required by 26 U.S.C. 6103.
Request For Comments: Comments FOR FURTHER INFORMATION CONTACT: in the administration of any internal
submitted in response to this notice will Requests for additional information or revenue law. Generally, tax returns and
be summarized and/or included in the copies of the regulations should be tax return information are confidential,
request for OMB approval. All directed to Larnice Mack at Internal as required by 26 U.S.C. 6103.
comments will become a matter of Revenue Service, room 6512, 1111 Request for Comments: Comments
public record. Comments are invited on: Constitution Avenue NW., Washington, submitted in response to this notice will
(a) Whether the collection of DC 20224, or at (202)622–3179, or be summarized and/or included in the
information is necessary for the proper through the internet at request for OMB approval. All
performance of the functions of the Larnice.Mack@irs.gov. comments will become a matter of
agency, including whether the SUPPLEMENTARY INFORMATION: public record.

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