Federal Register / Vol. 72, No. 83 / Tuesday, May 1, 2007 / Notices 23891 

1 31 CFR 103.18. 

2 31 CFR 103.21. 

3 31 CFR 103.16. 

4 31 CFR 103.15, 103.17, and 103.19. 

5 See Additional Suspicious Activity Reports 

(SAR) Revised for Other Industries to Support Joint 

Filing and Reduce Duplicate SARs, http:// 

www.fincen.gov. 

6 The current SAR forms can be found on 

FinCEN’s Web page at: http://www.fincen.gov/reg— 

bsaforms.html#SAR. 

after 1993 is attributable in part to the 

amendment to FMVSS No. 111 

(effective in December 1993), which 

required the areas in front of and along 

the sides of school buses to be viewable 

by the driver. Manufacturers are using 

cross view mirrors to comply with these 

requirements. We want to ensure that 

the drivers of these buses receive every 

possible reminder to make proper use of 

cross view mirrors. 

Since the cross view mirror labels 

remind school bus drivers of the 

appropriate use of these mirrors, 

NHTSA has reconsidered its view 

concerning the label and now believes 

that driver training is not an adequate 

substitute for missing labels or labels 

that are not visible to the seated driver. 

In consideration of the foregoing, 

NHTSA has decided that U.S. Bus has 

not met its burden of persuasion that the 

noncompliance described is 

inconsequential to motor vehicle safety. 

Accordingly, U.S. Bus’s petition is 

hereby denied, and the petitioner must 

notify according to 49 U.S.C. 30118 and 

remedy according to 49 U.S.C 30120. 

Authority: 49 U.S.C. 30118, 30120; 

delegations of authority at 49 CFR 1.50 and 

501.8. 

Issued on: April 24, 2007. 

Daniel C. Smith, 

Associate Administrator for Enforcement. 

[FR Doc. E7–8200 Filed 4–30–07; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Financial Crimes Enforcement 

Network; Suspicious Activity 

Reporting; Release of Revised 

Suspicious Activity Reports 

AGENCY: Financial Crimes Enforcement 

Network, Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Financial Crimes 

Enforcement Network (‘‘FinCEN’’) is 

issuing this notice to communicate a 

delay in the dates for using the revised 

Suspicious Activity Report (‘‘SAR’’) 

forms. The revised SAR forms that 

support joint filing were originally 

scheduled to become effective on June 

30, 2007 and mandatory on December 

31, 2007. FinCEN will establish new 

dates for using the revised SAR forms in 

a future notice. 

FOR FURTHER INFORMATION CONTACT: 

Regulatory Policy and Programs 

Division, Financial Crimes Enforcement 

Network at (800) 949–2732. 

SUPPLEMENTARY INFORMATION: 

Background 

It is FinCEN’s intention to implement 

revised SAR forms that facilitate joint 

filing for depository institutions,1

casinos and card clubs,2 insurance 

companies,3 and the securities and 

futures industries.4 On December 21, 

2006, FinCEN issued a notice on its Web 

site explaining that financial 

institutions would be able to begin filing 

the revised SAR forms with FinCEN on 

June 30, 2007.5 We are postponing this 

date and the date by which use of the 

revised forms becomes mandatory 

because of recently implemented data 

quality initiatives. FinCEN will provide 

advance notice of the new dates for 

using the revised forms at a future time. 

In the meantime, financial institutions 

will continue to report suspicious 

activities using the existing SAR forms.6

Dated: April 26, 2007. 

William F. Baity, 

Deputy Director, Financial Crimes 

Enforcement Network. 

[FR Doc. E7–8320 Filed 4–30–07; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–138176–02] 

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 proposed regulation, REG– 

138176–02 (NPRM), Timely Mailing 

Treated As Timely Filing. 

DATES: Written comments should be 

received on or before July 2, 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: Timely Mailing Treated As 

Timely Filing. 

OMB Number: 1545–1899. 

Regulation Project Number: REG– 

138176–02. 

Abstract: Under I.R.C. section 7502, in 

order for taxpayers to establish the 

postmark date and prima facie evidence 

of delivery when using registered or 

certified mail to file documents with the 

IRS, taxpayers will need to retain the 

sender’s receipt. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households, business or other for-profit 

organizations, not-for-profit institutions, 

farms, Federal government and State, 

local, or tribal government. 

Estimated Number of Respondents: 

10,847,647. 

Estimated Time per Respondent: 6 

minutes. 

Estimated Total Annual Burden 

Hours: 1,084,765. 

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 


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23892 Federal Register / Vol. 72, No. 83 / Tuesday, May 1, 2007 / Notices 

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 23, 2007. 

Glenn Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E7–8302 Filed 4–30–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–145987–03] 

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 proposed regulation, REG– 

145987–03 (NPRM), Qualified 

Severance of a Trust for GenerationSkipping Transfer (GST) Tax Purposes. 

DATES: Written comments should be 

received on or before July 2, 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: Qualified Severance of a Trust 

for Generation-Skipping Transfer (GST) 

Tax Purposes. 

OMB Number: 1545–1902. 

Regulation Project Number: REG– 

145987–03. 

Abstract: This information is required 

by the IRS for qualified severances. It 

will be used to identify the trusts being 

severed and the new trusts created upon 

severance. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households. 

Estimated Number of Respondents: 

25,000. 

Estimated Time per Respondent: 30 

minutes. 

Estimated Total Annual Burden 

Hours: 12,500. 

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: April 23, 2007. 

Glenn Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E7–8303 Filed 4–30–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 2001– 

37 

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 

Revenue Procedure 2001–37, 

Extraterritorial Income Exclusion 

Elections. 

DATES: Written comments should be 

received on or before July 2, 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 revenue procedure should 

be directed to Allan Hopkins at Internal 

Revenue Service, Room 6516, 1111 

Constitution Avenue, NW., Washington, 

DC 20224, or at (202) 622–6665, or 

through the Internet at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Extraterritorial Income 

Exclusion Elections. 

OMB Number: 1545–1731. 

Revenue Procedure Number: Revenue 

Procedure 2001–37. 

Abstract: Revenue Procedure 2001–37 

provides guidance for implementing the 

elections (and revocation of such 

elections) established under the ‘‘FSC 

Repeal and Extraterritorial Income 

Exclusion Act of 2000.’’ 

Current Actions: There are no changes 

being made to the revenue procedure at 

this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

56. 

Estimated Time per Respondent: 20 

minutes. 

Estimated Total Annual Burden 

Hours: 19. 


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