Federal Register / Vol. 71, No. 202 / Thursday, October 19, 2006 / Notices 61827 

vehicles are equipped with a seat belt 

warning lamp that is identical to the 

component installed on U.S.-certified 

models, but that the audible warning 

buzzer must be reprogrammed to meet 

the standard. Petitioner also states that 

all vehicles must be inspected and the 

driver’s and passenger’s air bags, knee 

bolsters, control units, sensors, and seat 

belts must be replaced with U.S.-model 

components on vehicles not already so 

equipped. 

Petitioner states that the front and rear 

outboard designated seating positions 

have combination lap and shoulder 

belts that are self-tensioning and that 

release by means of a single red 

pushbutton. 

Standard No. 214 Side Impact 

Protection: inspection of all vehicles 

and installation of U.S.-model door bar 

components on vehicles not already so 

equipped. 

Standard No. 301 Fuel System 

Integrity: inspection of all vehicles and 

replacement of non-U.S.-model fuel 

system components with U.S.-model 

components on vehicles not already so 

equipped. 

The petitioner states that all vehicles 

will be inspected for compliance with 

the parts marking requirements of the 

Theft Prevention Standard at 49 CFR 

Part 541, and U.S.-model antitheft 

devices must be installed on vehicles 

not already so equipped prior to 

importation. 

The petitioner also states that a 

vehicle identification plate must be 

affixed to the vehicles near the left 

windshield post and a reference and 

certification label must be affixed in the 

area of the left front door post to meet 

the requirements of 49 CFR part 565. 

The petitioner further states that a 

certification label must be affixed to the 

vehicle to comply with the requirements 

of 49 CFR part 567. 

Interested persons are invited to 

submit comments on the petition 

described above. Comments should refer 

to the docket number and be submitted 

to: Docket Management, Room PL–401, 

400 Seventh St., SW., Washington, DC 

20590. [Docket hours are from 9 am to 

5 pm]. It is requested but not required 

that 10 copies be submitted. 

All comments received before the 

close of business on the closing date 

indicated above will be considered, and 

will be available for examination in the 

docket at the above address both before 

and after that date. To the extent 

possible, comments filed after the 

closing date will also be considered. 

Notice of final action on the petition 

will be published in the Federal 

Register pursuant to the authority 

indicated below. 

Authority: 49 U.S.C. 30141(a)(1)(A) and 

(b)(1); 49 CFR 593.8; delegations of authority 

at 49 CFR 1.50 and 501.8. 

Issued on: October 13, 2006. 

Claude H. Harris, 

Director, Office of Vehicle Safety Compliance. 

[FR Doc. E6–17456 Filed 10–18–06; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

October 13, 2006. 

The Department of Treasury has 

submitted the following public 

information collection requirement(s) to 

OMB for review and clearance under the 

Paperwork Reduction Act of 1995, 

Public Law 104–13. Copies of the 

submission(s) may be obtained by 

calling the Treasury Bureau Clearance 

Officer listed. Comments regarding this 

information collection should be 

addressed to the OMB reviewer listed 

and to the Treasury Department 

Clearance Officer, Department of the 

Treasury, Room 11000, 1750 

Pennsylvania Avenue, NW., 

Washington, DC 20220. 

Dates: Written comments should be 

received on or before November 20, 

2006 to be assured of consideration. 

Internal Revenue Service (IRS) 

OMB Number: 1545–0984. 

Type of Review: Extension. 

Title: Low-Income Housing Credit. 

Form: 8586. 

Description: The Tax Reform Act of 

1986 (Code section 42) permits owners 

of residential rental projects providing 

low-income housing to claim a credit 

against income tax for part of the cost 

of constructing or rehabilitating such 

low-income housing. Form 8586 is used 

by taxpayers to compute the credit and 

by IRS to verify that the correct credit 

has been claimed. 

Respondents: Individuals or 

Households. 

Estimated Total Burden Hours: 90,007 

hours. 

OMB Number: 1545–1282. 

Type of Review: Extension. 

Title: Enhanced Oil Recovery Credit. 

Form: 8830. 

Description: The enhanced oil 

recovery credit is 15% of qualified costs 

paid or incurred during the year. The 

purpose is to get more oil from the 

wells. The IRS uses the information on 

the form to ensure that the credit is 

correctly computed. 

Respondents: Businesses and other 

for-profit institutions. 

Estimated Total Burden Hours: 17,323 

hours. 

Clearance Officer: Glenn P. Kirkland, 

Internal Revenue Service, Room 6516, 

1111 Constitution Avenue, NW., 

Washington, DC 20224, (202) 622–3428. 

OMB Reviewer: Alexander T. Hunt, 

Office of Management and Budget, 

Room 10235, New Executive Office 

Building, Washington, DC 20503, (202) 

395–7316. 

Robert Dahl, 

Treasury PRA Clearance Officer. 

[FR Doc. E6–17457 Filed 10–18–06; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–209373–81] 

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, REG–209373–

81 (TD 8797), Election to Amortize 

Start-Up Expenditures for Active Trade 

or Business (§ 1.195–1). 

DATES: Written comments should be 

received on or before December 18, 2006 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn Kirkland, Internal Revenue 

Service, Room 6516, 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: Election to Amortize Start-Up 

Expenditures for Active Trade or 

Business. 

OMB Number: 1545–1582. 

Regulation Project Number: REG–

209373–81. 


cprice-sewell on PROD1PC66 with NOTICES
61828 Federal Register / Vol. 71, No. 202 / Thursday, October 19, 2006 / Notices 

Abstract: Section 1.195–1 of the 

regulation provides that start-up 

expenditures may, at the discretion of 

the taxpayer, be amortized over a period 

of not less than 60 months beginning 

with the month the active trade or 

business begins. Taxpayers may elect to 

amortize start-up expenditures by filing 

a statement with their tax return for the 

taxable year in which the trade or 

business begins. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

150,000. 

Estimated Time Per Respondent: 15 

minutes. 

Estimated Total Annual Burden 

Hours: 37,500. 

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: September 18, 2006. 

Glenn P. Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. 06–8758 Filed 10–18–06; 8:45 am] 

BILLING CODE 4830–01–M 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

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, REG–120882–

97 (TD 8898), Continuity of Interest 

(§§ 1.368–1(e)(1)(ii) and 1.368–

1(e)(2)(ii)). 

DATES: Written comments should be 

received on or before December 18, 2006 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn P. Kirkland, Internal Revenue 

Service, room 6516, 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 6516, 1111 Constitution 

Avenue NW., Washington, DC 20224, or 

through the Internet at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Continuity of Interest. 

OMB Number: 1545–1691. 

Regulation Project Number: REG–

120882–97. 

Abstract: Taxpayers who entered into 

a binding agreement on or after January 

28, 1998 (the effective date of § 1.368–

1T), and before the effective date of the 

final regulations under § 1.368–1(e) may 

request a private letter ruling permitting 

them to apply § 1.368–1(e) to their 

transaction. A private letter ruling will 

not be issued unless the taxpayer 

establishes to the satisfaction of the IRS, 

that there is not a significant risk of 

different parties to the transaction 

taking inconsistent positions, for U.S. 

tax purposes with respect to the 

applicability of § 1.368–1(e) to the 

transaction. 

Current Actions: There is no change 

in the paperwork burden previously 

approved by OMB. This regulation is 

being submitted for renewal purposes 

only. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Businesses and other 

for-profit organizations. 

Estimated Number of Respondents: 

10. 

Estimated Time Per Respondent: 150 

hours. 

Estimated Total Annual Burden 

Hours: 1,500. 

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: September 26, 2006. 

Glenn P. Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E6–17393 Filed 10–18–06; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[FI–59–91] 

Proposed Collection; Comment 

Request for Regulation Project 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 


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