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###### Department of the Treasury

###### Internal Revenue Service 

# 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 2004-18, Average Area Purchase Price Safe Harbors and Nationwide Purchase Prices under section 143. 

# DATES:

Written comments should be received on or before March 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 revenue procedure 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:*                     Average Area Purchase Price Safe Harbors and Nationwide Purchase Prices under section 143.                 

*OMB Number:*                     1545-1877.                 

*Revenue Procedure Number:*                     Revenue Procedure 2004-18.                 

*Abstract:*                     Revenue Procedure 2004-18 provides issuers of qualified mortgage bonds, as defined in section 143(a) of the Internal Revenue Code, and issuers of mortgage credit certificates, as defined in section 25(c), with (1) nationwide average purchase prices for residences located in the United States, and (2) average area purchase price safe harbors for residences located in statistical areas in each state, the District of Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, the Virgin Islands, and Guam.                 

*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:*                     State, local and tribal governments.                 

*Estimated Number of recordkeepers:*                     60.                 

*Estimated Time Per recordkeeper:*                     15 minutes.                 

*Estimated Total Annual Burden Hours:*                     15.                 

*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                           ( print page 2926)                        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: January 12, 2007. 

Glenn P. Kirkland, 

IRS Reports Clearance Officer.

 [FR Doc. E7-863 Filed 1-22-07; 8:45 am] 

BILLING CODE 4830-01-P