7538 Federal Register / Vol. 75, No. 33 / Friday, February 19, 2010 / Notices 

If the verified notice contains false or 

misleading information, the exemption 

is void ab initio. Petitions to revoke the 

exemption under 49 U.S.C. 10502(d) 

may be filed at any time. The filing of 

a petition to revoke will not 

automatically stay the effectiveness of 

the exemption. Petitions for stay must 

be filed no later than February 26, 2010 

(at least 7 days before the exemption 

becomes effective). 

An original and 10 copies of all 

pleadings, referring to STB Finance 

Docket No. 35347, must be filed with 

the Surface Transportation Board, 395 E 

Street, SW., Washington, DC 20423– 

0001. In addition, a copy of each 

pleading must be served on Robert A. 

Wimbish, Baker & Miller, PLLC, 2401 

Pennsylvania Ave., NW., Suite 300, 

Washington, DC 20037. 

Board decisions and notices are 

available on our Web site at 

www.stb.dot.gov. 

Decided: February 16, 2010. 

By the Board, Rachel D. Campbell, 

Director, Office of Proceedings. 

Jeffrey Herzig, 

Clearance Clerk. 

[FR Doc. 2010–3229 Filed 2–18–10; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Proposed Collection; Comment 

Request 

ACTION: Notice and request for 

comments. 

SUMMARY: The U.S. 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 No. 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the 

Community Development Financial 

Institutions Fund (the ‘‘Fund’’), an office 

within the Department of the Treasury, 

is soliciting comments concerning the 

CDFI Fund’s Quarterly New Markets 

Report (QNMR) for New Markets Tax 

Credit (NMTC) allocatees under the 

American Recovery and Reinvestment 

Act of 2009 (Recovery Act). 

DATES: Written comments should be 

received on or before April 20, 2010 to 

be assured of consideration. 

ADDRESSES: Direct all comments to 

Charles McGee, Program Manager, 

Certification, Compliance Monitoring 

and Evaluation at the Community 

Development Financial Institutions 

Fund, U.S. Department of the Treasury, 

601 13th Street, NW., Suite 200 South, 

Washington, DC 20005, by e-mail to 

cdfihelp@cdfi.treas.gov or by facsimile 

to (202) 622–7754. Please note this is 

not a toll free number. 

FOR FURTHER INFORMATION CONTACT: The 

CDFI Fund’s QNMR may be obtained 

from the Recovery Act page of the CDFI 

Fund’s Web site at http:// 

www.cdfifund.gov. Requests for 

additional information should be 

directed to Charles McGee, Program 

Manager, Certification, Compliance 

Monitoring and Evaluation, Community 

Development Financial Institutions 

Fund, U.S. Department of the Treasury, 

601 13th Street, NW., Suite 200 South, 

Washington, DC 20005, or call (202) 

622–7373. Please note this is not a toll 

free number. 

SUPPLEMENTARY INFORMATION: 

Title: Quarterly New Markets Report. 

OMB Number: 1559–0035. 

Abstract: The NMTC Program was 

authorized under the Community 

Renewal Tax Relief Act of 2000 and is 

administered by the Department of the 

Treasury’s Community Development 

Financial Institutions (CDFI) Fund. The 

NMTC Program facilitates investment in 

low-income communities by permitting 

taxpayers to receive a credit against 

Federal income taxes for making 

Qualified Equity Investments (QEIs) in 

designated Treasury-certified 

Community Development Entities 

(CDEs). The CDEs must, in turn, use 

substantially all of these QEI proceeds 

to make loans and investments in 

businesses and real estate developments 

in low-income communities. 

The Recovery Act provided $3 billion 

of tax credit allocation authority 

through the NMTC Program. Of this 

amount, $1.5 billion was made available 

to thirty-two CDEs through the FY 2008 

NMTC allocation round and the 

remaining $1.5 billion was made 

available to twenty-four CDEs through 

the FY 2009 NMTC allocation round. In 

order to ensure that the accountability 

and transparency requirements of the 

Recovery Act are being met, NMTC 

allocatees that are recipients of an 

allocation authority under the Recovery 

Act are required to report to the CDFI 

Fund on a quarterly basis. NMTC 

allocatees must complete and submit a 

QNMR to the CDFI Fund no later than 

10 days after the end of each calendar 

quarter. The questions included in the 

QNMR allow the CDFI Fund to evaluate 

the effectiveness and impact of the 

NMTC Program. More specifically, the 

information reported in the QNMR will 

enable the CDFI Fund to identify how 

Recovery Act allocatees are putting their 

NMTC investments to use in lowincome communities and will help the 

CDFI Fund to meet its own Recovery 

Act agency reporting requirements. The 

QNMR also provides qualitative and 

quantitative information on the 

allocatee’s compliance with its 

performance goals as outlined in its 

allocation agreement with the CDFI 

Fund. Failure to obtain the information 

collected in the QNMR could result in 

improper monitoring of the uses of 

Federal funds. 

Current Actions: Extension of a 

currently approved collection. 

Type of Review: Regular Review. 

Affected Public: New Markets Tax 

Credit allocatees that are recipients of 

an allocation authority under the 

Recovery Act. 

Estimated Number of Respondents: 

56. 

Estimated Annual Time per 

Respondent: 17.14 hours. 

Estimated Total Annual Burden 

Hours: 960 hours. 

Requests for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for Office of Management and 

Budget approval. All comments will 

become a matter of public record and 

may be published on the CDFI Fund 

Web site at http://www.cdfifund.gov. 

Comments are invited on: (a) Whether 

the collection of information is 

necessary for the proper performance of 

the functions of the CDFI Fund, 

including whether the information shall 

have practical utility; (b) the accuracy of 

the CDFI Fund’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 technology. 

Authority: 12 U.S.C. 1834a, 4703, 4703 

note, 4713, 4717; 31 U.S.C. 321; 12 CFR part 

1806; Public Law 111–5. 

Dated: February 4, 2010. 

Donna J. Gambrell, 

Director, Community Development Financial 

Institutions Fund. 

[FR Doc. 2010–3165 Filed 2–18–10; 8:45 am] 

BILLING CODE 4810–70–P 


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