Federal Register / Vol. 72, No. 81 / Friday April 27, 2007 / Notices 21071 

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, 

1557–0220, 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: Consumer Protections for 

Depository Institution Sales of 

Insurance—12 CFR 14. 

OMB Control No.: 1557–0220. 

Type of Review: Extension, without 

revision, of a currently approved 

collection. 

Description: This information 

collection requires national banks and 

other covered persons involved in 

insurance sales to make two separate 

disclosures to consumers. Under 12 CFR 

14.40, a respondent must prepare and 

provide certain disclosures to 

consumers: (1) Before the completion of 

the initial sale of an insurance product 

or annuity to a consumer; and (2) at the 

time of application for the extension of 

credit (if insurance products or 

annuities are sold, solicited, advertised, 

or offered in connection with an 

extension of credit). 

Affected Public: Businesses or other 

for-profit. 

Burden Estimates: 

Estimated Number of Respondents: 

1,563. 

Estimated Number of Responses: 

1,563. 

Estimated Annual Burden Hours: 

7,815 hours. 

Frequency of Response: On occasion. 

Comments: A 60-day Federal Register 

notice was issued on January 30, 2007 

(72 FR 4324). No comments were 

received. Comments continue to be 

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: April 23, 2007. 

Stuart Feldstein, 

Assistant Director, Legislative and Regulatory 

Activities Division, Office of the Comptroller 

of the Currency. 

[FR Doc. E7–8115 Filed 4–26–07; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Submission for OMB 

Review; 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, 

‘‘Interagency Guidance on Asset 

Securitization Activities.’’ The OCC also 

gives notice that it has sent the 

information collection to OMB for 

review and approval. 

DATES: Comments must be submitted on 

or before May 29, 2007. 

ADDRESSES: Communications Division, 

Office of the Comptroller of the 

Currency, Public Information Room, 

Mailstop 1–5, Attention: 1557–0217, 

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, 

1557–0217, 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: Interagency Guidance on Asset 

Securitization Activities. 

OMB Control No.: 1557–0217. 

Type of Review: Extension, without 

revision, of a currently approved 

collection. 

Description: This information 

collection applies to institutions 

engaged in asset securitization and 

consists of a written asset securitization 

policy, the documentation of fair value 

of retained interests, and a management 

information system to monitor 

securitization activities. Institution 

management uses the collection as the 

basis for the safe and sound operation 

of their asset securitization activities. 

The OCC uses the information to 

evaluate the quality of an institution’s 

risk management practices. 

Affected Public: Businesses or other 

for-profit. 

Burden Estimates: 

Estimated Number of Respondents: 

42. 

Estimated Number of Responses: 42. 

Estimated Annual Burden: 306 hours. 

Frequency of Response: On occasion. 

Comments: A 60-day Federal Register 

notice was issued on January 30, 2007 

(72 FR 4324). No comments were 

received. Comments continue to be 

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 


cprice-sewell on PROD1PC66 with NOTICES
21072 Federal Register / Vol. 72, No. 81 / Friday April 27, 2007 / Notices 

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: April 23, 2007. 

Stuart Feldstein, 

Assistant Director, Legislative and Regulatory 

Activities Division, Office of the Comptroller 

of the Currency. 

[FR Doc. E7–8127 Filed 4–26–07; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–147144–06] 

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, Pub. 

L. 104–13 (44 U.S.C. 3506(c)(2)(A)). 

Currently, the IRS is soliciting 

comments concerning an existing 

regulation, REG–147144–06, Section 

1.367(a)–8 Revisions. 

DATES: Written comments should be 

received on or before June 26, 2007 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: Section 1.367(a) Revisions. 

OMB Number: 1545–2056. 

Regulation Project Number: REG–

147144–06. 

Abstract: These regulations provide 

rules for taxpayers to avoid recognizing 

gain under a gain recognition agreement 

(GRA) if a new GRA and notice 

statement are filed. They also provide a 

rule under which a taxpayer may reduce 

the basis in certain stock to meet one of 

the requirements for terminating a GRA. 

These regulations also revise an existing 

rule to facilitate electronic filing. The 

revision requires that information that a 

taxpayer currently would write on the 

face of its Federal income tax return 

shall instead be attached as a separate 

schedule to its return. 

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: 

170. 

Estimated Time per Respondent: 2 

hours. 

Estimated Total Annual Burden 

Hours: 240. 

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: April 19, 2007. 

Glenn Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E7–8036 Filed 4–26–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8453–B 

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, Pub. 

L. 104–13 (44 U.S.C. 3506(c)(2)(A)). 

Currently, the IRS is soliciting 

comments concerning Form 8453–B, 

U.S. Electing Large Partnership 

Declaration for an IRS e-file Return. 

DATES: Written comments should be 

received on or before June 26, 2007 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 form and instructions 

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: U.S. Electing Large Partnership 

Declaration for an IRS e-file Return. 

OMB Number: 1545–2058. 

Form Number: Form 8453–B. 

Abstract: Form 8453–B is used to 

authenticate an electronic Form 1065–B, 

U.S. Return of Income for Electing Large 

Partnerships, to authorize the ERO, if 

any, to transmit via a third-party 

transmitter, and to authorize the 

intermediate service provider (ISP) to 

transmit via a third-party transmitter if 

you are filing online (not using an ERO). 

Current Actions: This is a new form. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households. 

Estimated Number of Respondents: 

60. 

Estimated Time per Respondent: 2 

hours, 23 minutes. 

Estimated Total Annual Burden 

Hours: 144. 


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