81_FR_66310 81 FR 66124 - Proposed Collection; Comment Request for Revenue Procedure 2012-25

81 FR 66124 - Proposed Collection; Comment Request for Revenue Procedure 2012-25

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 186 (September 26, 2016)

Page Range66124-66124
FR Document2016-23179

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 Revenue Procedure 2012-25, Average Area Purchase Price Safe Harbors and Nationwide Purchase Prices under section 143.

Federal Register, Volume 81 Issue 186 (Monday, September 26, 2016)
[Federal Register Volume 81, Number 186 (Monday, September 26, 2016)]
[Notices]
[Page 66124]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-23179]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2012-
25

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 
Revenue Procedure 2012-25, Average Area Purchase Price Safe Harbors and 
Nationwide Purchase Prices under section 143.

DATES: Written comments should be received on or before November 25, 
2016 to be assured of consideration.

ADDRESSES: Direct all written comments to Tuawana Pinkston, 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 Internal Revenue Service, Room 6525, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Average Area Purchase Price Safe Harbors and Nationwide 
Purchase Prices under section 143.
    OMB Number: 1545-1877.
    Revenue Procedure Number: Revenue Procedure 2012-25.
    Abstract: Revenue Procedure 2012-25 provides issuers of qualified 
mortgage bonds, as defined in section 143(a) of the Internal Revenue 
Code, and issuers of mortgage credit certificates, as defined in 
section 25(c), with (1) nationwide average purchase prices for 
residences located in the United States, and (2) average area purchase 
price safe harbors for residences located in statistical areas in each 
state, the District of Columbia, Puerto Rico, the Northern Mariana 
Islands, American Samoa, the Virgin Islands, and Guam.
    Current Actions: There are no changes being made to the revenue 
procedure at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: State, local and tribal governments.
    Estimated Number of recordkeepers: 60.
    Estimated Time per recordkeeper: 15 minutes.
    Estimated Total Annual Burden Hours: 15.
    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: September 13, 2016.
Tuawana Pinkston,
OMB Reports Clearance Officer.
[FR Doc. 2016-23179 Filed 9-23-16; 8:45 am]
BILLING CODE 4830-01-P



                                                  66124                     Federal Register / Vol. 81, No. 186 / Monday, September 26, 2016 / Notices

                                                  displays a valid OMB control number.                    DATES:   Written comments should be                   comments will become a matter of
                                                  Books or records relating to a collection               received on or before November 25,                    public record. Comments are invited on:
                                                  of information must be retained as long                 2016 to be assured of consideration.                  (a) Whether the collection of
                                                  as their contents may become material                   ADDRESSES: Direct all written comments                information is necessary for the proper
                                                  in the administration of any internal                   to Tuawana Pinkston, Internal Revenue                 performance of the functions of the
                                                  revenue law. Generally, tax returns and                 Service, Room 6526, 1111 Constitution                 agency, including whether the
                                                  tax return information are confidential,                Avenue NW., Washington, DC 20224.                     information shall have practical utility;
                                                  as required by 26 U.S.C. 6103.                          FOR FURTHER INFORMATION CONTACT:                      (b) the accuracy of the agency’s estimate
                                                     Request for Comments: Comments                       Requests for additional information or                of the burden of the collection of
                                                  submitted in response to this notice will               copies of the revenue procedure should                information; (c) ways to enhance the
                                                  be summarized and/or included in the                    be directed to LaNita Van Dyke at                     quality, utility, and clarity of the
                                                  request for OMB approval. All                           Internal Revenue Service, Room 6525,                  information to be collected; (d) ways to
                                                  comments will become a matter of                        1111 Constitution Avenue NW.,                         minimize the burden of the collection of
                                                  public record. Comments are invited on:                 Washington, DC 20224, or through the                  information on respondents, including
                                                  (a) Whether the collection of                           internet at Lanita.VanDyke@irs.gov.                   through the use of automated collection
                                                  information is necessary for the proper                                                                       techniques or other forms of information
                                                                                                          SUPPLEMENTARY INFORMATION:
                                                  performance of the functions of the                                                                           technology; and (e) estimates of capital
                                                                                                            Title: Average Area Purchase Price
                                                  agency, including whether the                                                                                 or start-up costs and costs of operation,
                                                                                                          Safe Harbors and Nationwide Purchase
                                                  information shall have practical utility;                                                                     maintenance, and purchase of services
                                                                                                          Prices under section 143.
                                                  (b) the accuracy of the agency’s estimate                                                                     to provide information.
                                                                                                            OMB Number: 1545–1877.
                                                  of the burden of the collection of                        Revenue Procedure Number: Revenue                     Approved: September 13, 2016.
                                                  information; (c) ways to enhance the                    Procedure 2012–25.                                    Tuawana Pinkston,
                                                  quality, utility, and clarity of the                      Abstract: Revenue Procedure 2012–25                 OMB Reports Clearance Officer.
                                                  information to be collected; (d) ways to                provides issuers of qualified mortgage                [FR Doc. 2016–23179 Filed 9–23–16; 8:45 am]
                                                  minimize the burden of the collection of                bonds, as defined in section 143(a) of                BILLING CODE 4830–01–P
                                                  information on respondents, including                   the Internal Revenue Code, and issuers
                                                  through the use of automated collection                 of mortgage credit certificates, as
                                                  techniques or other forms of information                defined in section 25(c), with (1)                    DEPARTMENT OF THE TREASURY
                                                  technology; and (e) estimates of capital                nationwide average purchase prices for
                                                  or start-up costs and costs of operation,               residences located in the United States,              Internal Revenue Service
                                                  maintenance, and purchase of services                   and (2) average area purchase price safe
                                                  to provide information.                                 harbors for residences located in                     Proposed Collection; Comment
                                                    Approved: September 13, 2016.                         statistical areas in each state, the District         Request for Revenue Procedure 98–19
                                                  Tuawana Pinkston,                                       of Columbia, Puerto Rico, the Northern                AGENCY: Internal Revenue Service (IRS),
                                                  IRS Reports Clearance Officer.                          Mariana Islands, American Samoa, the                  Treasury.
                                                  [FR Doc. 2016–23169 Filed 9–23–16; 8:45 am]
                                                                                                          Virgin Islands, and Guam.
                                                                                                                                                                ACTION: Notice and request for
                                                                                                            Current Actions: There are no changes
                                                  BILLING CODE 4830–01–P
                                                                                                          being made to the revenue procedure at                comments.
                                                                                                          this time.                                            SUMMARY:   The Department of the
                                                  DEPARTMENT OF THE TREASURY                                Type of Review: Extension of a                      Treasury, as part of its continuing effort
                                                                                                          currently approved collection.                        to reduce paperwork and respondent
                                                  Internal Revenue Service                                  Affected Public: State, local and tribal            burden, invites the general public and
                                                                                                          governments.                                          other Federal agencies to take this
                                                  Proposed Collection; Comment                              Estimated Number of recordkeepers:                  opportunity to comment on proposed
                                                  Request for Revenue Procedure 2012–                     60.                                                   and/or continuing information
                                                  25                                                        Estimated Time per recordkeeper: 15                 collections, as required by the
                                                                                                          minutes.                                              Paperwork Reduction Act of 1995,
                                                  AGENCY: Internal Revenue Service (IRS),                   Estimated Total Annual Burden
                                                  Treasury.                                                                                                     Public Law 104–13 (44 U.S.C.
                                                                                                          Hours: 15.                                            3506(c)(2)(A)). Currently, the IRS is
                                                  ACTION: Notice and request for                            The following paragraph applies to all              soliciting comments concerning
                                                  comments.                                               of the collections of information covered             Revenue Procedure 98–19, Exceptions
                                                                                                          by this notice:                                       to the notice and reporting requirements
                                                  SUMMARY:   The Department of the                          An agency may not conduct or                        of section 6033(e)(1) and the tax
                                                  Treasury, as part of its continuing effort              sponsor, and a person is not required to              imposed by section 6033(e)(2).
                                                  to reduce paperwork and respondent                      respond to, a collection of information
                                                                                                                                                                DATES: Written comments should be
                                                  burden, invites the general public and                  unless the collection of information
                                                  other Federal agencies to take this                     displays a valid OMB control number.                  received on or before November 25,
                                                  opportunity to comment on proposed                      Books or records relating to a collection             2016 to be assured of consideration.
                                                  and/or continuing information                           of information must be retained as long               ADDRESSES: Direct all written comments
                                                  collections, as required by the                         as their contents may become material                 to Tuawana Pinkston, Internal Revenue
                                                  Paperwork Reduction Act of 1995,                        in the administration of any internal                 Service, Room 6526, 1111 Constitution
mstockstill on DSK3G9T082PROD with NOTICES




                                                  Public Law 104–13 (44 U.S.C.                            revenue law. Generally, tax returns and               Avenue NW., Washington, DC 20224.
                                                  3506(c)(2)(A)). Currently, the IRS is                   tax return information are confidential,              FOR FURTHER INFORMATION CONTACT:
                                                  soliciting comments concerning                          as required by 26 U.S.C. 6103.                        Requests for additional information or
                                                  Revenue Procedure 2012–25, Average                        Request for Comments: Comments                      copies of the revenue procedure should
                                                  Area Purchase Price Safe Harbors and                    submitted in response to this notice will             be directed to Allan Hopkins at Internal
                                                  Nationwide Purchase Prices under                        be summarized and/or included in the                  Revenue Service, room 6129, 1111
                                                  section 143.                                            request for OMB approval. All                         Constitution Avenue NW., Washington,


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Document Created: 2018-02-09 13:22:33
Document Modified: 2018-02-09 13:22:33
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comments.
DatesWritten comments should be received on or before November 25, 2016 to be assured of consideration.
ContactRequests for additional information or copies of the revenue procedure should be directed to LaNita Van Dyke at Internal Revenue Service, Room 6525, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at [email protected]
FR Citation81 FR 66124 

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