Federal Register / Vol. 75, No. 42 / Thursday, March 4, 2010 / Notices 10023 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Not-for-profit 

institutions. 

Estimated Number of Respondents: 

403,068. 

Estimated Time per Respondent: 63 

hrs., 47 min. 

Estimated Total Annual Burden 

Hours: 25,710,979. 

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: January 29, 2010. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. 2010–4466 Filed 3–3–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[FI–59–89] 

Proposed Collection; Comment 

Request for Regulation Project 

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 an 

existing final regulation, FI–59–89 (T.D. 

8394), Proceeds of Bonds Used for 

Reimbursement (§ 1.150–2(e) (originally 

contained in § 1.104–18(c)). 

DATES: Written comments should be 

received on or before May 3, 2010 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulation should be 

directed to Allan Hopkins, at (202) 622– 

6665, or at Internal Revenue Service, 

Room 6516, 1111 Constitution Avenue, 

NW., Washington, DC 20224, or through 

the Internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Proceeds of Bonds Used for 

Reimbursement. 

OMB Number: 1545–1226. 

Regulation Project Number: FI–59–89. 

Abstract: This regulation clarifies 

when the allocation of bond proceeds to 

reimburse expenditures previously 

made by an issuer of the bond is treated 

as an expenditure of the bond proceeds. 

The issuer must express a reasonable 

official intent, on or prior to the date of 

payment, to reimburse the expenditure 

in order to assure that the 

reimbursement is not a device to evade 

requirements imposed by the Internal 

Revenue Code with respect to tax 

exempt bonds. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: State, local or tribal 

governments, and not-for-profit 

institutions. 

Estimated Number of Respondents: 

2,500. 

Estimated Time per Respondent: 2 

hours, 24 minutes. 

Estimated Total Annual Burden 

Hours: 6,000. 

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: February 22, 2010. 

R. Joseph Durbala, 

Supervisory Tax Analyst. 

[FR Doc. 2010–4464 Filed 3–3–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8610 and Schedule 

A (Form 8610) 

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 

8610, Annual Low-Income Housing 

Credit Agencies Report, and Schedule A 

mstockstill on DSKH9S0YB1PROD with NOTICES

10024 Federal Register / Vol. 75, No. 42 / Thursday, March 4, 2010 / Notices 

(Form 8610), Carryover Allocation of 

Low-Income Housing Credit. 

DATES: Written comments should be 

received on or before May 3, 2010 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the forms and instructions 

should be directed to Allan Hopkins, at 

(202) 622–6665, or at Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Form 8610, Annual Low-Income 

Housing Credit Agencies Report, and 

Schedule A (Form 8610), Carryover 

Allocation of Low-Income Housing 

Credit. 

OMB Number: 1545–0990. 

Form Number: Form 8610 and 

Schedule A (Form 8610). 

Abstract: State housing credit 

agencies (Agencies) are required by 

Code section 42(l)(3) to report annually 

the amount of low-income housing 

credits that they allocated to qualified 

buildings during the year. Agencies 

report the amount allocated to the 

building owners and to the IRS in Part 

I of Form 8609. Carryover allocations 

are reported to the Agencies in 

carryover allocation documents. The 

Agencies report the carryover 

allocations to the IRS on Schedule A 

(Form 8610). Form 8610 is a transmittal 

and reconciliation document for Forms 

8609, Schedule A (Form 8610), binding 

agreements, and election statements. 

Current Actions: There are no changes 

being made to the form at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: State, local or tribal 

governments. 

Estimated Number of Respondents: 

53. 

Estimated Time per Respondent: 105 

hours, 38 minutes. 

Estimated Total Annual Burden 

Hours: 5,599. 

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 22, 2010. 

R. Joseph Durbala, 

Supervisory Tax Analyst. 

[FR Doc. 2010–4462 Filed 3–3–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 1128 

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 

1128, Application to Adopt, Change, or 

Retain a Tax Year. 

DATES: Written comments should be 

received on or before May 3, 2010 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, 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 Allan Hopkins, at 

(202) 622–6665, or at Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Application to Adopt, Change, 

or Retain a Tax Year. 

OMB Number: 1545–0134. 

Form Number: 1128. 

Abstract: Section 442 of the Internal 

Revenue Code requires that a change in 

a taxpayer’s annual accounting period 

be approved by the Secretary. Under 

regulation section 1.442–1(b), a taxpayer 

must file Form 1128 to secure prior 

approval unless the taxpayer can 

automatically make the change. The IRS 

uses the information on the form to 

determine whether the application 

should be approved. 

Current Actions: There are no changes 

being made to the form at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations, Individuals, Notfor-profit institutions, and Farms. 

Estimated Number of Respondents: 

9,788. 

Estimated Time Per Respondent: 23 

hours, 43 minutes. 

Estimated Total Annual Burden 

Hours: 232,066. 

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 

mstockstill on DSKH9S0YB1PROD with NOTICES