10670 Federal Register / Vol. 76, No. 38 / Friday, February 25, 2011 / Notices 

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: February 14, 2011. 

Yvette B. Lawrence, 

IRS Reports Clearance Officer. 

[FR Doc. 2011–4195 Filed 2–24–11; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 720–CF 

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 Form 

720–CF, Certain Fuel Products Report. 

DATES: Written comments should be 

received on or before April 26, 2011 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Yvette Lawrence, 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 R. Joseph Durbala, 

(202) 622–3634, at Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Certain Fuel Products Report. 

OMB Number: 1545–XXXX. 

Form Number: Form 720–CF. 

Abstract: Internal Revenue Code 

§ 4101 requires information reporting by 

(1) any person registered under IRC 

§ 4101 rules with respect to fuel excise 

taxes, and (2) any other persons that IRS 

deems necessary to administer the 

applicable fuel taxes. The American 

Jobs Creation Act of 2004 created 

Volumetric Ethanol Excise Tax Credit 

(VEETC), a policy to subsidize the 

production of ethanol in the United 

States. Currently producers, resellers, 

blenders and importers have no 

reporting requirements other than to 

apply for the 637 registration and claim 

the Biodiesel and Renewable Diesel 

Fuels Credits ranging from .50 to 1.00 

credit per each gallon sold or used. This 

new form will provide the Internal 

Revenue Service the information it 

needs to properly track the movement of 

fuel between these entities and the 

terminal operators and carrier operators 

that are currently filing forms 720–TO/ 

CS. 

Current Actions: This form is being 

submitted for new OMB approval. 

Type of Review: New collection. 

Affected Public: Businesses and other 

for-profit organizations. 

Estimated Number of Respondents: 

39,240. 

Estimated Time Per Respondent: 13 

hours 13 minutes. 

Estimated Total Annual Burden 

Hours: 518,361. 

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: February 15, 2011. 

Yvette Lawrence, 

IRS Reports Clearance Officer. 

[FR Doc. 2011–4199 Filed 2–24–11; 8:45 am] 

BILLING CODE 4830–01–P 


srobinson on DSKHWCL6B1PROD with NOTICES