80 FR 25359 - Proposed Collection; Comment Request for Revenue Procedure

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 85 (May 4, 2015)

Page Range		25359-25360
FR Document		2015-10304

The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Rev. Proc. 2008-60, Election Involving the Repeal of the Bonding Requirement.

Federal Register, Volume 80 Issue 85 (Monday, May 4, 2015)

[Federal Register Volume 80, Number 85 (Monday, May 4, 2015)]
[Notices]
[Pages 25359-25360]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-10304]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
Rev. Proc. 2008-60, Election Involving the Repeal of the Bonding 
Requirement.

DATES: Written comments should be received on or before July 6, 2015 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Christie A. Preston, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Martha R. 
Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue 
NW., Washington, DC 20224, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION:

0
Title: Election Involving the Repeal of the Bonding Requirement under 
Sec.  42(j)(6).
    OMB Number: 1545-2120.
    Revenue Procedure Number: 2008-60.
    Abstract: This revenue procedure affects taxpayers who are 
maintaining a surety bond or a Treasury Direct Account (TDA) to satisfy 
the low-income housing tax credit recapture exception in Sec.  42(j)(6) 
of the Internal Revenue Code (the Code), as in effect on or before July 
30, 2008. This revenue procedure provides the procedures for taxpayers 
to follow when making the election under section 3004(i)(2)(B)(ii) of 
the Housing Assistance Tax Act of 2008 (Pub. L. 110-289) (the Act) to 
no longer maintain a surety bond or a TDA to avoid recapture.
    Current Actions: There is no change to this Revenue Procedure.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and Households, Businesses and other 
for-profit organizations.
    Estimated Number of Respondents: 7810.
    Estimated Time Per Respondent: 1 hours.
    Estimated Total Annual Burden Hours: 7810.
    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.


[[Page 25360]]


    Approved: April 27, 2015.
Christie A. Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015-10304 Filed 5-1-15; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 80, No. 85 / Monday, May 4, 2015 / Notices 25359

85616, 85638, 85635, 85615, 85603, and Railroad, 101 North Wacker Drive, income housing tax credit recapture
85620. Room 1920, Chicago, IL 60606. exception in § 42(j)(6) of the Internal
The verified notice states that the If the verified notice contains false or Revenue Code (the Code), as in effect on
Line’s previous owner sought and misleading information, the exemption or before July 30, 2008. This revenue
received abandonment authority for the is void ab initio. procedure provides the procedures for
Line 2 and salvaged the track structure Board decisions and notices are taxpayers to follow when making the
on the Line, but did not consummate available on our Web site at election under section 3004(i)(2)(B)(ii)
the abandonment and instead sold the ‘‘WWW.STB.DOT.GOV.’’ of the Housing Assistance Tax Act of
Line to UP.3 UP has certified that: (1) No Decided: April 29, 2015. 2008 (Pub. L. 110–289) (the Act) to no
local traffic has moved over the Line for By the Board, Rachel D. Campbell, longer maintain a surety bond or a TDA
at least two years; (2) no overhead traffic Director, Office of Proceedings. to avoid recapture.
has moved over the Line for at least two
Brendetta S. Jones, Current Actions: There is no change to
years; (3) no formal complaint filed by
Clearance Clerk. this Revenue Procedure.
a user of rail service on the Line (or by
a state or local government entity acting [FR Doc. 2015–10349 Filed 5–1–15; 8:45 am] Type of Review: Extension of a
on behalf of such user) regarding BILLING CODE 4915–01–P currently approved collection.
cessation of service over the Line is Affected Public: Individuals and
pending either with the Surface Households, Businesses and other for-
Transportation Board (Board) or with DEPARTMENT OF THE TREASURY profit organizations.
any U.S. District Court or has been Estimated Number of Respondents:
decided in favor of complainant within Internal Revenue Service
7810.
the two-year period; and (4) the
requirements at 49 CFR 1105.12 Proposed Collection; Comment Estimated Time Per Respondent: 1
(newspaper publication) and 49 CFR Request for Revenue Procedure hours.
1152.50(d)(1) (notice to governmental AGENCY: Internal Revenue Service (IRS), Estimated Total Annual Burden
agencies) have been met. Treasury. Hours: 7810.
As a condition to this exemption, any ACTION: Notice and request for The following paragraph applies to all
employee adversely affected by the comments. of the collections of information covered
discontinuance shall be protected under
by this notice:
Oregon Short Line Railroad— SUMMARY: The Department of the
Abandonment Portion Goshen Branch Treasury, as part of its continuing effort An agency may not conduct or
Between Firth & Ammon, in Bingham & to reduce paperwork and respondent sponsor, and a person is not required to
Bonneville Counties, Idaho, 360 I.C.C. burden, invites the general public and respond to, a collection of information
91 (1979). To address whether this other Federal agencies to take this unless the collection of information
condition adequately protects affected opportunity to comment on proposed displays a valid OMB control number.
employees, a petition for partial and/or continuing information Books or records relating to a
revocation under 49 U.S.C. 10502(d) collections, as required by the collection of information must be
must be filed. Paperwork Reduction Act of 1995, retained as long as their contents may
Provided no formal expression of Public Law 104–13 (44 U.S.C. become material in the administration
intent to file an offer of financial 3506(c)(2)(A)). Currently, the IRS is of any internal revenue law. Generally,
assistance (OFA) to subsidize continued soliciting comments concerning Rev. tax returns and tax return information
rail service has been received, this Proc. 2008–60, Election Involving the are confidential, as required by 26
exemption will become effective on Repeal of the Bonding Requirement. U.S.C. 6103.
June 3, 2015, unless stayed pending DATES: Written comments should be
reconsideration. Petitions to stay that do Request for Comments: Comments
received on or before July 6, 2015 to be submitted in response to this notice will
not involve environmental issues and assured of consideration.
formal expressions of intent to file an be summarized and/or included in the
ADDRESSES: Direct all written comments request for OMB approval. All
OFA to subsidize continued rail service
under 49 CFR 1152.27(c)(2),4 must be to Christie A. Preston, Internal Revenue comments will become a matter of
filed by May 14, 2015.5 Petitions to Service, Room 6129, 1111 Constitution public record. Comments are invited on:
reopen must be filed by May 26, 2015, Avenue NW., Washington, DC 20224. (a) Whether the collection of
with the Surface Transportation Board, FOR FURTHER INFORMATION CONTACT: information is necessary for the proper
395 E Street SW., Washington, DC Requests for additional information or performance of the functions of the
20423–0001. copies of the form and instructions agency, including whether the
A copy of any petition filed with the should be directed to Martha R. Brinson, information shall have practical utility;
Board should be sent to UP’s Internal Revenue Service, Room 6129, (b) the accuracy of the agency’s estimate
representative: Mack H. Shumate, Jr., 1111 Constitution Avenue NW., of the burden of the collection of
Senior General Attorney, Union Pacific Washington, DC 20224, or through the information; (c) ways to enhance the
Internet at Martha.R.Brinson@irs.gov. quality, utility, and clarity of the
2 San Pedro R.R. Operating Co.—Aban.
SUPPLEMENTARY INFORMATION: information to be collected; (d) ways to
Exemption—in Cochise Cnty., Ariz., AB 1081X
■ Title: Election Involving the Repeal of
minimize the burden of the collection of
(STB served Feb. 3, 2006). information on respondents, including
mstockstill on DSK4VPTVN1PROD with NOTICES

3 Union Pac. R.R.—Acquis. & Operation the Bonding Requirement under
§ 42(j)(6). through
Exemption—San Pedro R.R. Operating Co., FD
35666 (STB served Sept. 7, 2012). OMB Number: 1545–2120. The use of automated collection
4 Each OFA must be accompanied by the filing
Revenue Procedure Number: 2008–60. techniques or other forms of information
fee, which is currently set at $1,600. See 49 CFR Abstract: This revenue procedure technology; and (e) estimates of capital
1002.2(f)(25).
5 Because this is discontinuance proceeding and affects taxpayers who are maintaining a or start-up costs and costs of operation,
not an abandonment, trail use/rail banking and surety bond or a Treasury Direct maintenance, and purchase of services
public use conditions are not appropriate. Account (TDA) to satisfy the low- to provide information.

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25360 Federal Register / Vol. 80, No. 85 / Monday, May 4, 2015 / Notices

Approved: April 27, 2015. Type of Review: Extension of a SUMMARY: The Department of the
Christie A. Preston, previously approved collection. Treasury, as part of its continuing effort
IRS Reports Clearance Officer. Affected Public: Individuals or to reduce paperwork and respondent
[FR Doc. 2015–10304 Filed 5–1–15; 8:45 am] households. burden, invites the general public and
BILLING CODE 4830–01–P Estimated Number of Respondents: other Federal agencies to take this
2,000. opportunity to comment on proposed
Estimated Time per Respondent: 1 and/or continuing information
DEPARTMENT OF THE TREASURY hour. collections, as required by the
Estimated Total Annual Burden Paperwork Reduction Act of 1995,
Internal Revenue Service Hours: 2,000 hours. Public Law 104–13 (44 U.S.C.
The following paragraph applies to all 3506(c)(2)(A)).
Proposed Collection; Comment
Request for Form 13997 of the collections of information covered DATES: Written comments should be
by this notice: received on or before July 6, 2015 to be
AGENCY: Internal Revenue Service (IRS), An agency may not conduct or assured of consideration.
Treasury. sponsor, and a person is not required to ADDRESSES: Direct all written comments
ACTION: Notice and request for respond to, a collection of information to Christie Preston, Internal Revenue
comments. unless the collection of information Service, Room 6129, 1111 Constitution
displays a valid OMB control number. Avenue NW., Washington, DC 20224.
SUMMARY: The Department of the
Books or records relating to a collection FOR FURTHER INFORMATION CONTACT:
Treasury, as part of its continuing effort
of information must be retained as long Requests for additional information or
to reduce paperwork and respondent
as their contents may become material copies of this regulation should be
burden, invites the general public and
in the administration of any internal directed to Sara Covington, Internal
other Federal agencies to take this
revenue law. Generally, tax returns and Revenue Service, Room 6129, 1111
opportunity to comment on proposed
tax return information are confidential, Constitution Avenue NW., Washington,
and/or continuing information
as required by 26 U.S.C. 6103. DC 20224, or through the internet at
collections, as required by the
Request For Comments: Comments sara.l.covington@irs.gov.
Paperwork Reduction Act of 1995,
submitted in response to this notice will SUPPLEMENTARY INFORMATION:
Public Law 104–13 (44 U.S.C.
be summarized and/or included in the
3506(c)(2)(A)). Currently, the IRS is ■ Title: Guidance on Reporting Interest
request for OMB approval. All
soliciting comments concerning Form Paid to Nonresident Aliens.
comments will become a matter of
13997, Validating Your TIN and OMB Number: 1545–1725.
public record. Comments are invited on:
Reasonable Cause. Regulation Project Number: TD 9584.
(a) Whether the collection of
DATES: Written comments should be Abstract: This document contains
information is necessary for the proper
received on or before July 6, 2015 to be performance of the functions of the final regulations that provide guidance
assured of consideration. agency, including whether the on the reporting requirements for
ADDRESSES: Direct all written comments information shall have practical utility; interest on deposits maintained at the U.
to Christie Preston, Internal Revenue (b) the accuracy of the agency’s estimate S. office of certain financial institutions
Service, Room 6129, 1111 Constitution of the burden of the collection of and paid to nonresident alien
Avenue NW., Washington, DC 20224. information; (c) ways to enhance the individuals. These proposed regulations
FOR FURTHER INFORMATION CONTACT: quality, utility, and clarity of the affect persons making payments of
Requests for additional information or information to be collected; (d) ways to interest with respect to such a deposit.
copies of the form and instructions minimize the burden of the collection of Current Actions: There is no change to
should be directed to Sara Covington, or information on respondents, including this existing regulation.
at Internal Revenue Service, Room 6129, through the use of automated collection Type of Review: Extension of a
1111 Constitution Avenue NW., techniques or other forms of information currently approved collection.
Washington, DC 20224, or through the technology; and (e) estimates of capital Affected Public: Businesses or other
internet, at Sara.L.Covington@irs.gov. or start-up costs and costs of operation, for-profit organizations.
SUPPLEMENTARY INFORMATION: maintenance, and purchase of services Estimated total annual reporting
Title: Validating Your TIN and to provide information. burden: 500 hours.
Reasonable Cause. Estimated average annual burden
Approved: April 23, 2015. hours per respondent: 15 minutes.
OMB Number: 1545–2144.
Form Number: Form 13997. Christie Preston, Estimated number of respondents:
Abstract: Under the provisions of IRS Reports Clearance Officer. 2,000.
Internal Revenue Code section (IRC [FR Doc. 2015–10321 Filed 5–1–15; 8:45 am] The following paragraph applies to all
Sec.) 6039E, Information Concerning BILLING CODE 4830–01–P of the collections of information covered
Resident Status, individuals are by this notice:
required to provide certain information An agency may not conduct or
(see IRC sec. 6039E(b)) with their DEPARTMENT OF THE TREASURY sponsor, and a person is not required to
application for a U.S. passport or with respond to, a collection of information
their application for permanent U.S. Internal Revenue Service unless the collection of information
mstockstill on DSK4VPTVN1PROD with NOTICES

residence. This form will be an displays a valid OMB control number.
Proposed Collection; Comment
attachment to Letter 4318 that is being Books or records relating to a collection
Request for Regulation Project
drafted to inform the individual about of information must be retained as long
the IRC provisions, the penalty, and to AGENCY: Internal Revenue Service (IRS), as their contents may become material
request them to complete this form and Treasury. in the administration of any internal
return it to the IRS. revenue law. Generally, tax returns and
ACTION: Notice and request for
Current Actions: There are no changes tax return information are confidential,
comments.
being made to the form at this time. as required by 26 U.S.C. 6103.

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Document Created: 2018-02-21 10:22:50
Document Modified: 2018-02-21 10:22:50

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice and request for comments.
Dates		Written comments should be received on or before July 6, 2015 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to Martha R. Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		80 FR 25359

80 FR 25359 - Proposed Collection; Comment Request for Revenue Procedure

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 80, Issue 85 (May 4, 2015)

DEPARTMENT OF THE TREASURY
Internal Revenue Service