78804 Federal Register / Vol. 75, No. 241 / Thursday, December 16, 2010 / Notices 

electronic media using industryaccepted techniques, and in accordance 

with applicable FMS policies regarding 

the retention and disposal of fiscal or 

financial agency records. Paper records 

are destroyed in accordance with fiscal 

or financial agency archive and disposal 

procedures and applicable FMS policies 

regarding the retention and disposal of 

fiscal agency records. 

SYSTEM MANAGER(S) AND ADDRESS: 

Agency Enterprise Solutions Division, 

Payment Management, Financial 

Management Service, 401 14th Street, 

SW., Washington, DC 20227. 

NOTIFICATION PROCEDURE: 

Inquiries under the Privacy Act of 

1974, as amended, shall be addressed to 

the Disclosure Officer, Financial 

Management Service, 401 14th Street, 

SW., Washington, DC 20227. All 

individuals making inquiries should 

provide with their request as much 

descriptive matter as is possible to 

identify the particular record desired. 

The system manager will advise as to 

whether FMS maintains the records 

requested by the individual. 

RECORD ACCESS PROCEDURES: 

Individuals requesting information 

under the Privacy Act of 1974, as 

amended, concerning procedures for 

gaining access to or contesting records 

should write to the Disclosure Officer. 

All individuals are urged to examine the 

rules of the U.S. Department of the 

Treasury published in 31 CFR part 1, 

subpart C, and appendix G, concerning 

requirements of this Department with 

respect to the Privacy Act of 1974, as 

amended. 

CONTESTING RECORD PROCEDURES: 

See ‘‘Record access procedures’’ 

above. 

RECORD SOURCE CATEGORIES: 

Information in this system is provided 

by commercial database providers based 

on publicly available information. 

EXEMPTIONS CLAIMED FOR THE SYSTEM: 

None. 

[FR Doc. 2010–31534 Filed 12–15–10; 8:45 am] 

BILLING CODE 4810–35–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 2003– 

45 and Revenue Procedure 2004–48 

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 2003–45, Late 

Election Relief for S Corporations, and 

Revenue Procedure 2004–48, Deemed 

Corporate Election for Late Electing S 

Corporations. 

DATES: Written comments should be 

received on or before February 14, 2011 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Allan Hopkins, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the revenue procedures should 

be directed to Elaine Christophe, at 

Internal Revenue Service, Room 6129, 

1111 Constitution Avenue, NW., 

Washington, DC 20224, or at (202) 622– 

3179, or through the Internet at 

Elaine.H.Christophe@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Revenue Procedure 2003–45, 

Late Election Relief for S Corporations, 

and Revenue Procedure 2004–48, 

Deemed Corporate Election for Late 

Electing S Corporations. 

OMB Number: 1545–1548. Revenue 

Procedure Number: Revenue Procedure 

2003–45 and Revenue Procedure 2004– 

48. 

Abstract: Revenue Procedure 2003–45 

provides a simplified method for 

taxpayers to request relief for late S 

corporation elections, Electing Small 

Business Trust (ESBT) elections, 

Qualified Subchapter S Subsidiary 

(QSub) elections. Generally, this 

revenue procedure provides that certain 

eligible entities may be granted relief for 

failing to file these elections in a timely 

manner if the request for relief is filed 

with 24 months of the due date of the 

election. Revenue Procedure 2004–48 

provides a simplified method for 

taxpayers to request relief for a late S 

corporation election and a late corporate 

classification election which was 

intended to be effective on the same 

date that the S corporation election was 

intended to be effective. 

Current Actions: There are no changes 

being made to these revenue procedures 

at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

50,000. 

Estimated Average Time per 

Respondent: 1 hour. 

Estimated Total Annual Burden 

Hours: 50,000. 

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: December 7, 2010. 

Allan Hopkins, 

IRS Reports Clearance Officer. 

[FR Doc. 2010–31589 Filed 12–15–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for HCTC Program Forms 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 


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