Federal Register / Vol. 62, No. 229 / Friday, November 28, 1997 / Notices 63421

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: New.

Form Number: IRS Form 8854.

Type of Review: New collection.

Title: Expatriation Information

Statement.

Description: Internal Revenue Code

(IRC) section 6039G and Notice 97–19

provide information reporting

requirements for taxpayers who lose

U.S. citizenship or cease to be taxed as

U.S. lawful permanent residents. Form

8854 is used to report this information.

Respondents: Individual or

households.

Estimated Number of Respondents/

Recordkeepers: 11,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Part I Parts I and II

Recordkeeping.33 min ............. 4 hr., 16 min.

Learning

about

the law

or the

form.

9 min ............... 26 min.

Preparing

the

form.

37 min ............. 3 hr., 46 min.

Part I Parts I and II

Copying,

assembling,

and

sending the

form to

the

IRS.

20 min ............. 35 min.

Frequency of Response: Other (once).

Estimated Total Reporting/

Recordkeeping Burden: 25,550 hours.

OMB Number: 1545–1447.

Regulation Project Number: CO–46–

94 Final.

Type of Review: Extension.

Title: Losses on Small Business Stock.

Description: Records are required by

the Service to verify that the taxpayer is

entitled to a section 1244 loss. The

records will be used to determine

whether the stock qualifies as section

1244 stock.

Respondents: Individual or

households, Business or other for-profit.

Estimated Number of Recordkeepers:

10,000.

Estimated Burden Hours Per

Recordkeeper: 12 minutes.

Estimated Total Recordkeeping

Burden: 2,000 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. 97–31165 Filed 11–26–97; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

White House Conference Center:

Meeting

AGENCY: Advisory Commission to the

President of the United States.

ACTION: Notice of meeting.

SUMMARY: The agenda for the first

meeting of the Commission to Study

Capital Budgeting includes a discussion

of organizational and process issues,

including staffing requirements and the

need for subcommittees; the work of the

Commission, particularly the goals and

objectives of the Commission, and the

major issues and question requiring

background research and evaluation; the

schedule and location for the next and

subsequent meetings of the

Commission.

DATES: December 13, 1997.

TIME: 10:00 a.m. to 4:00 p.m.

ADDRESSES: White House Conference

Center, Truman Room, 726 Jackson

Place, N.W., Washington, D.C.

Meeting is open to the public. Limited

seating capacity is available.

FOR FURTHER INFORMATION CONTACT:

Maynard Comiez, Room 4449, Main

Treasury, Washington, D.C. 20220,

Telephone: (202) 622–2310.

Maynard Comiez,

Senior Economic Advisor/DFO.

[FR Doc. 97–31147 Filed 11–26–97; 8:45 am]

BILLING CODE 4810–25–P