83 FR 36670 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 146 (July 30, 2018)

Page Range		36670-36670
FR Document		2018-16201

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 continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning election involving the repeal of the bonding requirement.

Federal Register, Volume 83 Issue 146 (Monday, July 30, 2018)

[Federal Register Volume 83, Number 146 (Monday, July 30, 2018)]
[Notices]
[Page 36670]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-16201]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. The IRS is soliciting comments concerning 
election involving the repeal of the bonding requirement.

DATES: Written comments should be received on or before September 28, 
2018 to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form should be directed to Kerry Dennis, at (202) 317-
5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue 
NW, Washington DC 20224, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION:
    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 are no changes to the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and Households, Businesses and other 
for-profit organizations.
    Estimated Number of Respondents: 7,810.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 7,810.
    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: July 23, 2018.
Tuawana Pinkston,
Supervisory, Tax Analyst.
[FR Doc. 2018-16201 Filed 7-27-18; 8:45 am]
 BILLING CODE 4830-01-P

36670 Federal Register / Vol. 83, No. 146 / Monday, July 30, 2018 / Notices

burden of persuasion that the subject SUMMARY: The Internal Revenue Service, Affected Public: Individuals and
FMVSS No. 139 noncompliance in the as part of its continuing effort to reduce Households, Businesses and other for-
affected tires is inconsequential to paperwork and respondent burden, profit organizations.
motor vehicle safety. Accordingly, invites the general public and other Estimated Number of Respondents:
CTA’s petition is hereby granted and Federal agencies to take this 7,810.
CTA is consequently exempted from the opportunity to comment on continuing Estimated Time per Respondent: 1
obligation of providing notification of, information collections, as required by hour.
and a free remedy for, that the Paperwork Reduction Act of 1995. Estimated Total Annual Burden
noncompliance under 49 U.S.C. 30118 The IRS is soliciting comments Hours: 7,810.
and 30120. concerning election involving the repeal The following paragraph applies to all
NHTSA notes that the statutory of the bonding requirement. of the collections of information covered
provisions (49 U.S.C. 30118(d) and
DATES: Written comments should be by this notice.
30120(h)) that permit manufacturers to
received on or before September 28, An agency may not conduct or
file petitions for a determination of
2018 to be assured of consideration. sponsor, and a person is not required to
inconsequentiality allow NHTSA to
exempt manufacturers only from the ADDRESSES: Direct all written comments respond to, a collection of information
duties found in sections 30118 and to Laurie Brimmer, Internal Revenue unless the collection of information
30120, respectively, to notify owners, Service, Room 6529, 1111 Constitution displays a valid OMB control number.
purchasers, and dealers of a defect or Avenue NW, Washington, DC 20224. Books or records relating to a collection
noncompliance and to remedy the of information must be retained as long
FOR FURTHER INFORMATION CONTACT: as their contents may become material
defect or noncompliance. Therefore, this Requests for additional information or
decision only applies to the subject tires in the administration of any internal
copies of the form should be directed to revenue law. Generally, tax returns and
that CTA no longer controlled at the Kerry Dennis, at (202) 317–5751 or
time it determined that the tax return information are confidential,
Internal Revenue Service, Room 6529, as required by 26 U.S.C. 6103.
noncompliance existed. However, the 1111 Constitution Avenue NW,
granting of this petition does not relieve Request for Comments: Comments
Washington DC 20224, or through the submitted in response to this notice will
equipment distributors and dealers of internet, at Kerry.Dennis@irs.gov.
the prohibitions on the sale, offer for be summarized and/or included in the
sale, or introduction or delivery for SUPPLEMENTARY INFORMATION: request for OMB approval. All
introduction into interstate commerce of Title: Election Involving the Repeal of comments will become a matter of
the noncompliant tires under their the Bonding Requirement under public record. Comments are invited on:
control after CTA notified them that the § 42(j)(6). (a) Whether the collection of
subject noncompliance existed. OMB Number: 1545–2120. information is necessary for the proper
Revenue Procedure Number: 2008–60. performance of the functions of the
Authority: (49 U.S.C. 30118, 30120:
delegations of authority at 49 CFR 1.95 and Abstract: This revenue procedure agency, including whether the
501.8). affects taxpayers who are maintaining a information shall have practical utility;
surety bond or a Treasury Direct (b) the accuracy of the agency’s estimate
Michael A. Cole, of the burden of the collection of
Acting Director, Office of Vehicle Safety Account (TDA) to satisfy the low-
income housing tax credit recapture information; (c) ways to enhance the
Compliance. quality, utility, and clarity of the
[FR Doc. 2018–16153 Filed 7–27–18; 8:45 am]
exception in § 42(j)(6) of the Internal
Revenue Code (the Code), as in effect on information to be collected; (d) ways to
BILLING CODE 4910–59–P
or before July 30, 2008. This revenue minimize the burden of the collection of
procedure provides the procedures for information on respondents, including
taxpayers to follow when making the through the use of automated collection
DEPARTMENT OF THE TREASURY
election under section 3004(i)(2)(B)(ii) techniques or other forms of information
of the Housing Assistance Tax Act of technology; and (e) estimates of capital
Internal Revenue Service or start-up costs and costs of operation,
2008 (Pub. L. 110–289) (the Act) to no
longer maintain a surety bond or a TDA maintenance, and purchase of services
Proposed Collection; Comment to provide information.
Request for Regulation Project to avoid recapture.
Current Actions: There are no changes Approved: July 23, 2018.
AGENCY: Internal Revenue Service (IRS), Tuawana Pinkston,
to the paperwork burden previously
Treasury.
approved by OMB. Supervisory, Tax Analyst.
ACTION: Notice and request for
Type of Review: Extension of a [FR Doc. 2018–16201 Filed 7–27–18; 8:45 am]
comments.
currently approved collection. BILLING CODE 4830–01–P
daltland on DSKBBV9HB2PROD with NOTICES

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Document Created: 2018-07-28 01:43:55
Document Modified: 2018-07-28 01:43:55

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 September 28, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the form should be directed to Kerry Dennis, at (202) 317- 5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington DC 20224, or through the internet, at [email protected]
FR Citation		83 FR 36670

83 FR 36670 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 146 (July 30, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service