11934 Federal Register / Vol. 72, No. 49 / Wednesday, March 14, 2007 / Notices 

Dated: March 8, 2007. 

Stuart Feldstein, 

Assistant Director, Legislative and Regulatory 

Activities Division, Office of the Comptroller 

of the Currency. 

[FR Doc. E7–4597 Filed 3–13–07; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Proposed Information 

Collection; Comment Request 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites the 

general public and other Federal 

agencies to comment on a continuing 

information collection, as required by 

the Paperwork Reduction Act of 1995. 

An agency may not conduct or sponsor, 

and a respondent is not required to 

respond to, an information collection 

unless it displays a currently valid 

Office of Management and Budget 

(OMB) control number. The OCC is 

soliciting comment concerning an 

extension of OMB approval of the 

information collection titled, ‘‘(MA) 

Real Estate Lending and Appraisals (12 

CFR 34).’’

DATES: Comments must be submitted on 

or before May 14, 2007. 

ADDRESSES: Communications Division, 

Office of the Comptroller of the 

Currency, Public Information Room, 

Mailstop 1–5, Attention: 1557–0190, 250 

E Street, SW., Washington, DC 20219. In 

addition, comments may be sent by fax 

to (202) 874–4448, or by electronic mail 

to regs.comments@occ.treas.gov. You 

can inspect and photocopy the 

comments at the OCC’s Public 

Information Room, 250 E Street, SW., 

Washington, DC 20219. You can make 

an appointment to inspect the 

comments by calling (202) 874–5043. 

Additionally, you should send a copy 

of your comments to OCC Desk Officer, 

1557–0190, by mail to U.S. Office of 

Management and Budget, 725 17th 

Street, NW., #10235, Washington, DC 

20503, or by fax to (202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: You 

may request additional information or a 

copy of the collection and supporting 

documentation submitted to OMB by 

contacting: Mary Gottlieb or Camille 

Dickerson, (202) 874–5090, Legislative 

and Regulatory Activities Division, 

Office of the Comptroller of the 

Currency, 250 E Street, SW., 

Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: 

Title: (MA) Real Estate Lending and 

Appraisals (12 CFR 34). 

OMB Control No.: 1557–0190. 

Type of Review: Extension, without 

revision, of a currently approved 

collection. 

Description: Title XI of the Financial 

Institutions Reform, Recovery and 

Enforcement Act of 1989 (FIRREA), 12 

U.S.C. 3331 et seq., directs the Federal 

banking agencies to publish appraisal 

rules for federally related transactions. 

This submission covers those statutorily 

required appraisal rules. These 

regulations are required by statute and 

are used by the agencies to ensure the 

safe and sound operation of financial 

institutions. 

National banks must review and 

maintain records required under 12 CFR 

Part 34 Subpart C (Appraisal 

Requirements) and Subpart D (Real 

Estate Lending Standards) and file the 

reports required by Subpart E (Other 

Real Estate Owned). 

Affected Public: Businesses or other 

for-profit. 

Burden Estimates: 

Estimated Number of Respondents: 

1,800. 

Estimated Number of Responses: 

3,610. 

Estimated Annual Burden: 99,050 

hours. 

Frequency of Response: On occasion. 

Comments: Comments submitted in 

response to this notice will be 

summarized and 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 has 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 on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

Dated: March 8, 2007. 

Stuart Feldstein, 

Assistant Director, Legislative and Regulatory 

Activities Division, Office of the Comptroller 

of the Currency. 

[FR Doc. E7–4599 Filed 3–13–07; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[LR–77–86] 

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 temporary regulation, LR–77–

86 (TD 8124), Certain Elections Under 

the Tax Reform Act of 1986 (§ 5h.5). 

DATES: Written comments should be 

received on or before May 14, 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 Carolyn N. Brown at Internal 

Revenue Service, room 6516, 1111 

Constitution Avenue, NW., Washington, 

DC 20224, or at (202) 622–6688, or 

through the internet at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Certain Elections Under the Tax 

Reform Act of 1986. 

OMB Number: 1545–0982. 

Regulation Project Numbers: LR–77–

86. 

Abstract: Section 5h.5(a) of this 

regulation sets forth general rules for the 

time and manner of making various 

elections under the Tax Reform Act of 

1986. The regulation enables taxpayers 

to take advantage of various benefits 

provided by the Internal Revenue Code. 

Current Actions: There are no changes 

to this existing regulation. 


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