84 FR 11872 - Proposed Collection; Comment Request for Form 8912

The Internal Revenue Service, 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. Currently, the IRS is soliciting comments concerning Form 8912, Credit to Holders of Tax Credit Bonds.

[Federal Register Volume 84, Number 60 (Thursday, March 28, 2019)]
[Notices]
[Page 11872]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2019-05945]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8912

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 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. Currently, the IRS is soliciting 
comments concerning Form 8912, Credit to Holders of Tax Credit Bonds.

DATES: Written comments should be received on or before May 28, 2019 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the revenue procedure should be directed to LaNita Van Dyke 
at (202) 317-6009, at Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet, 
at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Credit to Holders of Tax Credit Bonds.
    OMB Number: 1545-2025.
    Form Number: 8912.
    Abstract: Form 8912, Credit to Holders of Tax Credit Bonds, was 
developed to carry out the provisions of Internal Revenue Code sections 
54 and 1400N(l). The form provides a means for the taxpayer to claim 
the credit for the following tax credit bonds: Clean renewable energy 
bond (CREB), New clean renewable energy bond (NCREB), Qualified energy 
conservation bond (QECB), Qualified zone academy bond (QZAB), Qualified 
school construction bond (QSCB), and Build America bond (BAB).
    Current Actions: There is no change to this form.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses and other for-profit organizations, 
Farms.
    Estimated Number of Responses: 500.
    Estimated Time per Response: 13 hours, 47 minutes.
    Estimated Total Annual Burden Hours: 6,890 hours.
    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: March 25, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-05945 Filed 3-27-19; 8:45 am]
 BILLING CODE 4830-01-P