Federal Register / Vol. 71, No. 248 / Wednesday, December 27, 2006 / Notices 77869 

Estimated Total Annual Burden 

Hours: 69,142. 

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. 

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. 

Dated: December 21, 2006. 

Wanda Rogers, 

Assistant Commissioner, Regional 

Operations. 

[FR Doc. 06–9858 Filed 12–26–05; 8:45 am] 

BILLING CODE 4810–35–M 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–120200–97] 

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–120200–

97 (TD 8775), Election Not to Apply 

Look-Back Method in De Minimis Cases 

(§ 1.460–6). 

DATES: Written comments should be 

received on or before February 26, 2007 

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 regulation should be 

directed to R. Joseph Durbala, 202–622–

3634, Internal Revenue Service, room 

6516, 1111 Constitution Avenue, NW., 

Washington, DC 20224, or through the 

Internet at RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Election Not to Apply LookBack Method in De Minimis Cases. 

OMB Number: 1545–1572. 

Regulation Project Number: Reg–

120200–97. 

Abstract: Under Internal Revenue 

Code section 460(b)(6), a taxpayer may 

elect not to apply the look-back method 

to long-term contracts in de minimis 

cases. The taxpayer is required under 

the regulation to notify the IRS of its 

election. 

Current Actions: There are no changes 

being made to this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

20,000. 

Estimated Time Per Respondent: 12 

min. 

Estimated Total Annual Burden 

Hours: 4,000. 

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 6, 2006. 

Glenn P. Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E6–22168 Filed 12–26–06; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Office of Thrift Supervision 

Proposed Agency Information 

Collection Activities; Comment 

Request—Savings Association 

Holding Company Report H–(b)11 

AGENCY: Office of Thrift Supervision 

(OTS), Treasury. 

ACTION: Notice and request for comment. 

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 comment on 

proposed and continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 44 

U.S.C. 3507. The Office of Thrift 

Supervision within the Department of 

the Treasury will submit the proposed 

information collection requirement 

described below to the Office of 

Management and Budget (OMB) for 

review, as required by the Paperwork 

Reduction Act. Today, OTS is soliciting 

public comments on its proposal to 

extend this information collection. 

DATES: Submit written comments on or 

before February 26, 2007. 

ADDRESSES: Send comments, referring to 

the collection by title of the proposal or 

by OMB approval number, to 

Information Collection Comments, Chief 

Counsel’s Office, Office of Thrift 

Supervision, 1700 G Street, NW., 

Washington, DC 20552; send a facsimile 

transmission to (202) 906–6518; or send 

an e-mail to 

infocollection.comments@ots.treas.gov. 

OTS will post comments and the related 

index on the OTS Internet Site at http:// 

www.ots.treas.gov. In addition, 

interested persons may inspect 

comments at the Public Reading Room, 

1700 G Street, NW., by appointment. To 

make an appointment, call (202) 906–

5922, send an e-mail to 

public.info@ots.treas.gov, or send a 

facsimile transmission to (202) 906–

7755. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information 


jlentini on PROD1PC65 with NOTICES
77870 Federal Register / Vol. 71, No. 248 / Wednesday, December 27, 2006 / Notices 

about this proposed information 

collection from Donna Deale, Director of 

Holding Companies and Affiliates, 

Examinations and Supervision Policy, 

(202) 906–7488, Office of Thrift 

Supervision, 1700 G Street, NW., 

Washington, DC 20552. 

SUPPLEMENTARY INFORMATION: OTS may 

not conduct or sponsor an information 

collection, and respondents are not 

required to respond to an information 

collection, unless the information 

collection displays a currently valid 

OMB control number. As part of the 

approval process, we invite comments 

on the following information collection. 

Comments should address one or 

more of the following points: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of OTS; 

b. The accuracy of OTS’s estimate of 

the burden of the proposed information 

collection; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of the 

information collection on respondents, 

including through the use of 

information technology. 

We will summarize the comments 

that we receive and include them in the 

OTS request for OMB approval. All 

comments will become a matter of 

public record. In this notice, OTS is 

soliciting comments concerning the 

following information collection. 

Title of Proposal: Savings Association 

Holding Company Report H–(b)11. 

OMB Number: 1550–0060. 

Form Number: H–(b)11. 

Regulation requirement: 12 CFR 

584.1(a)(2). 

Description: The H–(b)11 form is used 

to aid OTS in its role as consolidated 

supervisor of savings and loan holding 

companies. In addition, it will aid OTS 

in determining whether savings and 

loan holding companies are engaging in 

activities that violate applicable statutes 

and regulations or may prove injurious 

to any subsidiary savings association. 

Type of Review: Renewal. 

Affected Public: Savings Associations. 

Estimated Number of Respondents: 

1,012. 

Estimated Burden Hours per 

Response: 2 hours. 

Estimated Frequency of Response: 

Quarterly. 

Estimated Total Burden: 8,096 hours. 

Clearance Officer: Marilyn K. Burton, 

(202) 906–6467, Office of Thrift 

Supervision, 1700 G Street, NW., 

Washington, DC 20552. 

Deborah Dakin, 

Senior Deputy Chief Counsel, Regulations and 

Legislation Division. 

[FR Doc. 06–9893 Filed 12–26–06; 8:45 am] 

BILLING CODE 6720–01–P 


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