54684 Federal Register / Vol. 62, No. 203 / Tuesday, October 21, 1997 / Notices

Estimated Burden Hours Per

Recordkeeper: 3 hours.

Frequency of Response: Other.

Estimated Total Reporting Burden:

559,791 hours.

OMB Number: 1512–0474.

Recordkeeping Requirement ID

Number: ATF REC 5130/5.

Type of Review: Extension.

Title: Principal Place of Business on

Beer Labels.

Description: ATF regulations permit

domestic brewers who operate more

then one brewery to show as their

address on labels and kegs of beer, their

‘‘principal place of business’’ address.

This label option may be used in lieu of

showing the actual place of production

on the label or of listing all of the

brewer’s locations on the label.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

1,200.

Estimated Burden Hours Per

Respondent: 0 hours.

Frequency of Response: On occasion.

Estimated Total Reporting Burden: 1

hour.

OMB Number: 1512–0490.

Form Number: ATF F 4473 (5300.24)

Part I (LV) and ATF F 4473 (5300.25

Part II (LV).

Recordkeeping Requirement ID

Number: ATF REC 7570/2.

Type of Review: Extension.

Title: Firearms Transaction Record

Part I—Low Volume—Over-the-Counter

(4473 LV Part I); and Firearms

Transaction Record Part II—Low

Volume—Intra-State Non-Over-theCounter (4473 LV Part II).

Description: ATF Form 4473 LV Parts

I and II is for use only by Federal

firearms licenses disposing of 50 or

fewer firearms per 12-month period. It

is kept, at a licensees option, in lieu of

ATF F 4473 and records of acquisition

and disposition.

Respondents: Business or other forprofit, Individuals or households.

Estimated Number of Recordkeepers:

5,000.

Estimated Burden Hours Per

Recordkeeper: 6 minutes.

Frequency of Response: On occasion.

Estimated Total Recordkeeping

Burden: 1,042 hours.

OMB Number: 1512–0520.

Form Number: ATF F 5300.35.

Type of Review: Extension.

Title: Statement of Intent to Obtain a

Handgun.

Description: This form is used to

establish the eligibility of the buyer to

determine if the handgun sale is legal,

prior to the actual delivery of the

handgun. This for is retained by the

dealer for use by the Office of

Enforcement in compliance inspections

and criminal investigations.

Implementing regulations are prescribed

in 27 CFR 178.130.

Respondents: Individuals or

households, Business or other for-profit.

Estimated Number of Respondents/

Recordkeepers: 2,000,000.

Estimated Burden Hours Per

Respondent/Recordkeeper: 6 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 478,300 hours.

Clearance Officer: Robert N. Hogarth,

(202) 927–8930, Bureau of Alcohol,

Tobacco and Firearms, Room 3200, 650

Massachusetts Avenue, N.W.,

Washington, DC 20226.

OMB Reviewer: Alexander T. Hunt,

(202) 395–7860, Office of Management

and Budget, Room 10202, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 97–27765 Filed 10–20–97; 8:45 am]

BILLING CODE 4810–31–P

DEPARTMENT OF THE TREASURY

Submission to OMB for Review;

Comment Request

October 14, 1997.

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995, Pub.

L. 104–13. Copies of the submission(s)

may be obtained by calling the Treasury

Bureau Clearance Officer listed.

Comments regarding this information

collection should be addressed to the

OMB reviewer listed and to the

Treasury Department Clearance Officer,

Department of the Treasury, Room 2110,

1425 New York Avenue, NW.,

Washington, DC 20220.

Internal Revenue Service (IRS)

OMB Number: 1545–1098.

Regulation Project Number: TD 8418

Final (FI–91–86; FI–90–86; FI–90–91;

and FI–1–90).

Type of Review: Extension.

Title: Arbitrage Restrictions on TaxExempt Bonds.

Description: This regulation requires

state and local governmental issuers of

tax-exempt bonds to rebate arbitrage

profits earned on nonpurpose

investments acquired with the bond

proceeds. Issuers are required to submit

a form with the rebate. The regulations

provide for several elections, all of

which must be in writing.

Respondents: Not-for-profit

institutions, State, Local or Tribal

Governments.

Estimated Number of Respondents/

Recordkeepers: 3,100.

Estimated Burden Hours Per

Respondent/Recordkeeper: 2 hours, 46

minutes.

Frequency of Response: On occasion,

Other (at most every 5 years).

Estimated Total Reporting/

Recordkeeping Burden: 8,550 hours.

OMB Number: 1545–1160.

Regulation Project Number: CO–93–

90 Final.

Type of Review: Extension.

Title: Corporations; Consolidated

Returns—Special Rules Relating to

Dispositions and Deconsolidations of

Subsidiary Stock.

Description: These regulations

prevent elimination of corporate-level

tax because of the operation of the

consolidated returns investment

adjustment rules. Statements are

required for dispositions of a

subsidiary’s stock for which losses are

claimed, for basis reductions within 2

years of the stock’s deconsolidation, and

for elections by the common parent to

retain the NOL’s of a disposed

subsidiary.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

3,000.

Estimated Burden Hours Per

Respondent: 2 hours.

Frequency of Response: Other (one

time).

Estimated Total Reporting/

Recordkeeping Burden: 6,000 hours.

OMB Number: 1545–1440.

Regulation Project Number: INTL–64–

93 Final.

Type of Review: Extension.

Title: Conduit Arrangements

Regulations.

Description: This document contains

regulations relating to when the district

director may recharacterize a financing

arrangement as a conduit arrangement.

Such recharacterization will affect the

amount of withholding tax due on

financing transactions that are part of

the financing arrangement. These

regulations will affect withholding

agents and foreign investors.

Respondents: Business or other forprofit.

Estimated Number of Recordkeepers:

1,000.

Estimated Burden Hours Per

Recordkeeper: 10 hours.

Estimated Total Recordkeeping

Burden: 10,000 hours.

OMB Number: 1545–1449.

Regulation Project Number: IA–57–

94.
Federal Register / Vol. 62, No. 203 / Tuesday, October 21, 1997 / Notices 54685

Type of Review: Extension.

Title: Cash Reporting by Court Clerks.

Description: Section 6050I(g) imposes

a reporting requirement on criminal

court clerks that receive more than

$10,000 in cash as bail. The IRS will use

the information to identify individuals

with large cash incomes. Clerks must

also furnish the information to the

United States Attorney for the

jurisdiction in which the individual

charged with the crime resides and to

each person posting the bond whose

name appears on Form 8300.

Respondents: Federal Government,

State, Local or Tribal Government.

Estimated Number of Respondents:

250.

Estimated Burden Hours Per

Respondent: 30 minutes.

Frequency of Response: On occasion,

Annually.

Estimated Total Reporting Burden:

125 hours.

OMB Number: 1545–1548.

Revenue Procedure Number: Revenue

Procedure 97–40.

Type of Review: Extension.

Title: Late S Corporation Election

Relief.

Description: Revenue Procedure 97–

40 provides that taxpayers whose S

corporation election was filed late (but

was filed within 6 months of the

statutory due date, and before a tax

return is due for that taxable year) can

obtain late S election relief by filing

Form 2553 and attaching a statement

explaining the reasonable cause for the

failure to file a timely S corporation

election.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

200.

Estimated Burden Hours Per

Respondent: 1 hour.

Frequency of Response: Other (must

be done within 6 months of Form 2553’s

due date).

Estimated Total Reporting Burden:

200 hours.

OMB Number: 1545–1550.

Notice Number: Notice 97–45.

Type of Review: Extension.

Title: Highly Compensated Employee

Definition.

Description: This notice provides

guidance on the definition of a highly

compensated employee within the

meaning of section 14(q) of the Internal

Revenue Code as simplified by section

1431 of the Small Business Job

Protection Act of 1996, including an

employer’s option to make a top-paid

group election under section

414(q)(1)(B)(ii).

Respondents: Business or other forprofit, Not-for-profit institutions.

Estimated Number of Recordkeepers:

218,683.

Estimated Burden Hours Per

Recordkeeper: 18 minutes.

Estimated Total Recordkeeping

Burden: 65,605 hours.

OMB Number: 1545–1551.

Revenue Procedure Numbers:

Revenue Procedures 97–36, 97–37, 97–

38 and 97–39.

Type of Review: Extension.

Title: Changes in Methods of

Accounting.

Description: The information

collected in the four revenue procedures

is required in order for the

Commissioner to determine whether the

taxpayer properly is requesting to

change its method of accounting and the

conditions of the change.

Respondents: Business or other forprofit, Individuals or households, Notfor-profit institutions, Farms.

Estimated Number of Respondents/

Recordkeepers: 12,350.

Estimated Burden Hours Per

Respondent/Recordkeeper: 17 hours, 20

minutes.

Frequency of Response: On occasion,

Annually.

Estimated Total Reporting/

Recordkeeping Burden: 214,144 hours.

Clearance Officer: Garrick Shear,

(202) 622–3869, Internal Revenue

Service, Room 5571, 1111 Constitution

Avenue, NW., Washington, DC 20224.

OMB Reviewer: Alexander T. Hunt,

(202) 395–7860, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 97–27766 Filed 10–20–97; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Submission to OMB for Review;

Comment Request

October 9, 1997.

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995, Pub.

L. 104–13. Copies of the submission(s)

may be obtained by calling the Treasury

Bureau Clearance Officer listed.

Comments regarding this information

collection should be addressed to the

OMB reviewer listed and to the

Treasury Department Clearance Officer,

Department of the Treasury, Room 2110,

1425 New York Avenue, NW.,

Washington, DC 20220.

Internal Revenue Service (IRS)

OMB Number: 1545–1222.

Form Number: IRS Forms 8628, 8635

and 9383.

Type of Review: Revision.

Title: Order Blank for Federal Income

Tax Forms for ‘‘Plan Only’’ Accounts

(8628); BPOL Order Blank for Federal

Income Tax Forms (8635); and Fax

Order Blank for BPOL Reorders (9383).

Description: These forms allow banks,

post offices and libraries to distribute

tax forms and publications to taxpayers

at convenient locations. Participation is

on a voluntary basis and done as a

public service for the Internal Revenue

Service.

Respondents: Business or other forprofit, Not-for-profit institutions,

Federal Government, State, Local or

Tribal Government.

Estimated Number of Respondents/

Recordkeepers: 63,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Form

Time per response

(minutes)

8628 .......................................... 3

8635 .......................................... 6

9383 .......................................... 6

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 5,450 hours.

Clearance Officer: Garrick Shear (202)

622–3869, Internal Revenue Service,

Room 5571, 1111 Constitution Avenue,

NW, Washington, DC 20224.

OMB Reviewer: Alexander T. Hunt

(202) 395–7860, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 97–27767 Filed 10–21–97; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

[Treasury Directive Number 12–26]

Delegation of Authority To Approve the

Use of Cash for Official Travel

October 9, 1997.

1. PURPOSE. The purpose of this

Directive is to delegate authority to

heads of bureaus to approve all cash

purchases of passenger transportation

services.

2. DELEGATION. This Directive

delegates to heads of bureaus, the

Deputy Assistant Secretary

(Administration), and the Inspector

General, the authority to approve all