41746 Federal Register / Vol. 65, No. 130 / Thursday, July 6, 2000 / Notices

carriers. Because this transaction

involves Class III rail carriers only, the

Board, under the statute, may not

impose labor protective conditions for

this transaction.

If the 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 transaction.

An original and 10 copies of all

pleadings, referring to STB Finance

Docket No. 33890, must be filed with

the Surface Transportation Board, Office

of the Secretary, Case Control Unit, 1925

K Street, NW., Washington, DC 20423–

0001. In addition, a copy of each

pleading must be served on Edward D.

Greenberg, Galland, Kharasch,

Greenberg, Fellman & Swirsky, P.C.,

Canal Square, 1054 Thirty-First Street,

NW., Suite 200, Washington, DC 20007.

Decided: June 27, 2000.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 00–16858 Filed 7–5–00; 8:45 am]

BILLING CODE 4915–00–P

DEPARTMENT OF THE TREASURY

Proposed Collection; Comment

Request

AGENCY: Financial Crimes Enforcement

Network (‘‘FinCEN’’), Treasury.

ACTION: Notice and request for

comments.

SUMMARY: In order to comply with the

requirements of the Paperwork

Reduction Act of 1995, concerning

proposed extensions of information

collection requirements, FinCEN is

soliciting comments concerning Internal

Revenue Service (‘‘IRS’’) Form 8852,

Currency Transaction Report by

Casinos—Nevada (‘‘CTRC–N’’), which is

filed for currency transactions

conducted by, at, or through Nevada

casinos.

DATES: Written comments must be

received on or before September 5,

2000.

ADDRESSES: Direct all written comments

to the Financial Crimes Enforcement

Network, Office of Compliance and

Regulatory Enforcement, Attn.: CTRC–N

Comments, Suite 200, 2070 Chain

Bridge Road, Vienna, VA 22182–2536.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

for a copy of the form should be

directed to Leonard Senia, Regulatory

Program Specialist (Team Leader),

Office of Compliance and Regulatory

Enforcement, (202) 354–6412, or; Stacie

A. Larson, Office of Chief Counsel, (703)

905–3590. A copy of the CTRC–N form,

as well as all other forms required by

the Bank Secrecy Act, can be obtained

through the Internet at http://

www.irs.ustreas.gov/prod/forms-pubs/

forms.html. (Also, comments maybe

submitted by electronic mail to the

following Internet address:

‘‘regscomments@fincen.treas.gov’’ with

the caption in the body of the text,

‘‘Attention: PRA Comments—CTRC–

N.’’)

SUPPLEMENTARY INFORMATION: The Bank

Secrecy Act (Titles I and II of Public

Law 91–508), as amended, codified at

12 U.S.C. 1829b, 12 U.S.C. 1951–1959,

and 31 U.S.C. 5311–5314, 5316–5330,

authorizes the Secretary of the Treasury,

inter alia, to issue regulations requiring

records and reports that are determined

to have a high degree of usefulness in

criminal, tax, and regulatory matters.

Regulations implementing Title II of the

Bank Secrecy Act, codified at 31 U.S.C.

5311–5314, 5316–5330, appear at 31

CFR Part 103. The authority of the

Secretary to administer the Bank

Secrecy Act regulations has been

delegated to the Director of FinCEN.

Section 5313(a) authorizes the

Secretary to issue regulations that

require a report when ‘‘a domestic

financial institution is involved in a

transaction for the payment, receipt, or

transfer of United States coins or

currency (or other monetary instruments

the Secretary of the Treasury

prescribes), in an amount,

denomination, or amount and

denomination, or under circumstances

the Secretary prescribes.’’ Regulations

implementing section 5313(a) are found

at 31 CFR 103.22 and 31 CFR

103.45(c)(2)(ii). In general, the

regulations require the reporting of

transactions in currency in excess of

$10,000 a day. Casinos as defined in 31

U.S.C. 5312(a)(2)(X) and 31 CFR

103.11(n)(7)(i) are financial institutions

subject to the currency transaction

reporting requirement. Card clubs, as

defined in 31 CFR 103.11(n)(8)(i), are

casinos subject to currency transaction

reporting. (See 63 FR 1919, January 13,

1998.)

The Currency Transaction Report by

Casinos—Nevada, IRS Form 8852, is the

form Nevada casinos use to comply with

the currency transaction reporting

requirements. Form 8852 was designed

to take into account, among other

things, that Nevada Regulation 6A,

‘‘Cash Transactions Prohibitions,

Reporting and Recordkeeping’’ prohibits

Nevada casinos from conducting some

of the transaction types reportable on

IRS Form 8362, Currency Transaction

Report by Casinos.

Information collected on the CTRC–N

is made available, in accordance with

strict safeguards, to appropriate criminal

law enforcement and regulatory

personnel in the official performance of

their duties. The information collected

is used for regulatory purposes and in

investigations involving international

and domestic money laundering, tax

violations, fraud, and other financial

crimes.

This notice proposes no changes to

the current text of the Form 8852 or its

instructions.

In accordance with requirements of

the Paperwork Reduction Act of 1995,

44 U.S.C. 3506(c)(2)(A), and its

implementing regulations, 5 CFR 1320,

the following information concerning

the collection of information on Form

8852 is presented to assist those persons

wishing to comment on the information

collection. (Since the number of

respondents has increased mostly

because of new Nevada casinos that

have opened for business during 1998

and 1999, the estimates below are based

on 1999 filings of Nevada CTRC–Ns.)

Title: Currency Transaction Report by

Casinos—Nevada.

Form Number: IRS Form 8852.

OMB Number: 1506–0003.

Description of Respondents: All

Nevada casinos, with gross annual

gaming revenue in excess of $10 million

and having an annual table games

statistical win in excess of $2 million.

Estimated Number of Respondents:

110.

Estimated Number of Annual

Responses: 128,000.

Frequency: As required.

Estimate of Burden: Reporting average

of 19 minutes per response;

recordkeeping average of 5 minutes per

response.

Estimate of Total Annual Burden on

Respondents: Reporting burden estimate

= 40,533 hours; recordkeeping burden

estimate = 10,667 hours. Estimated

combined total of 51,200 hours.

Estimate of Total Annual Cost to

Respondents for Hour Burdens: Based

on $20 per hour, the total cost to the

public is estimated to be $1,024,400.

Estimate of Total Other Annual Costs

to Respondents: None.

Type of Request: Extension of a

currently approved information

collection.

Request for Comments

FinCEN specifically invites comments

on the following subjects: (a) Whether

the proposed collection of information

Federal Register / Vol. 65, No. 130 / Thursday, July 6, 2000 / Notices 41747

is necessary for the proper performance

of the mission of FinCEN, including

whether the information shall have

practical utility; (b) the accuracy of

FinCEN’s estimate of the burden of the

proposed collection of information; (c)

ways to enhance the quality, utility, and

clarity of the information to be

collected; and (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.

In addition, the Paperwork Reduction

Act of 1995 requires agencies to

estimate the total annual cost burden to

respondents or recordkeepers resulting

from the collection of information.

Thus, FinCEN also specifically requests

comments to assist with this estimate. In

this connection, FinCEN requests

commenters to identify any additional

costs associated with the completion of

the form. These comments on costs

should be divided into two parts: (1)

Any additional costs associated with

reporting; and (2) any additional costs

associated with recordkeeping.

Responses to the questions posed by

this notice will be summarized and

included in the request for Office of

Management and Budget approval. All

comments will become a matter of

public record.

Dated: June 27, 2000.

James F. Sloan,

Director, Financial Crimes Enforcement

Network.

[FR Doc. 00–17007 Filed 7–5–00; 8:45 am]

BILLING CODE 4820–03–U

DEPARTMENT OF THE TREASURY

Treasury Advisory Committee on

Commercial Operations of the U.S.

Customs Service; Meeting

AGENCY: Department of Offices,

Treasury.

ACTION: Notice of meeting.

SUMMARY: This notice announces the

date and time for the next meeting and

the provisional agenda for consideration

by the Committee.

DATES: The next meeting of the Treasury

Advisory Committee on Commercial

Operations of the U.S. Customs Service

will be held on Friday, July 21, 2000 at

9 a.m. at 740 15th Street, NW., Suite

700, Washington, DC. The duration of

the meeting will be approximately three

hours.

FOR FURTHER INFORMATION CONTACT: John

P. Simpson, Deputy Assistant Secretary,

Office of Regulatory, Tariff and Trade,

Office of the Under Secretary

(Enforcement), Room 4308, Department

of the Treasury, 1500 Pennsylvania

Avenue, NW, Washington, DC 20220

(ATTN: COAC)—Tel.: (202) 622–0230.

Final meeting details, including the

meeting time, location, and agency, can

be confirmed by contacting the above

number one week prior to the meeting

date.

AGENDA: At the July 21, 2000 session, a

special meeting of the Advisory

Committee, the Committee is expected

to pursue the following agenda. The

agenda may be modified prior to the

meeting.

1. Report on Customs Budget for Fiscal

Years 2001 and 2002

2. Report from Subcommittee on

Merchandise Processing Fee

3. Discussion of the Full

Implementation of Mod Act of 1993

4. Brief Update from the Office of

Regulations & Rulings Subcommittee

5. Interface Discussion

6. Discussion of the 24/7 U.S. Customs

Service at Land Borders

SUPPLEMENTARY INFORMATION: The

meeting is open to the public; however,

participation in the Committee’s

deliberations is limited to Committee

members and Customs and Treasury

Department staff. A person other than

an Advisory Committee member who

wishes to attend the meeting should

give advance notice by contacting

Theresa Manning at (202) 622–0220 or

Helen Belt at (202) 622–0230, no later

than July 13, 2000.

Dated: June 28, 2000.

John P. Simpson,

Deputy Assistant Secretary (Regulatory, Tariff

and Trade Enforcement).

[FR Doc. 00–16968 Filed 7–5–00; 8:45 am]

BILLING CODE 4810–25–M

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 8830

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

8830, Enhanced Oil Recovery Credit.

DATES: Written comments should be

received on or before September 5, 2000

to be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 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 Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5242, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Enhanced Oil Recovery Credit.

OMB Number: 1545–1282.

Form Number: 8830.

Abstract: Internal Revenue Code

section 43 allows taxpayers to elect a tax

credit of 15% of the qualified oil

recovery costs paid or incurred during

the year. The credit is phased out as the

reference price of crude oil for the prior

year exceeds $28 per barrel. Form 8830

is used by taxpayers to compute the

credit.

Current Actions: The order of Part II,

Tax Liability Limit, was revised for this

form. Section 501 of Public Law 106–

170 extended the provision that allows

individuals to offset the regular tax

liability in full for personal credits.

Previously filers were allowed to claim

credits to the extent that the regular tax

liability exceeded the tentative

minimum tax. For tax years beginning

in 2000 and 2001, personal

nonrefundable credits may offset both

the regular tax and the minimum tax.

Also, the computation was changed in

Part II to reflect and to conform to

changes that were made to the tax

computation on Form 1040. A new line

7 was added to show the sum of the

regular tax before credits and the

alternative minimum tax.

Type of Review: Revision of a

currently approved collection.

Affected Public: Business or other forprofit organizations, and individuals or

households.

Estimated Number of Respondents:

3,623.

Estimated Time Per Response: 9

hours, 2 minutes.

Estimated Total Annual Burden

Hours: 32,752.

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.