Federal Register / Vol. 62, No. 30 / Thursday, February 13, 1997 / Notices 6835

Financial Crimes Enforcement

Network

Privacy Act of 1974, as Amended,

System of Records; Correction

AGENCY: Departmental Offices, Treasury.

ACTION: Correction.

SUMMARY: In notice document 97-605

beginning on page 1489 in the issue of

Friday, January 10, 1997, make the

following correction: On page 1490 in

the second column, a portion of the

sentence describing the third routine

use was dropped. The sentence

currently reads: ‘‘The third proposed

new in computer matching with

requesting Federal and State agencies

under agreements approved in

accordance with the Privacy Act.’’ This

should be changed to read: ‘‘ The third

proposed new routine use, which would

be added as routine use number (5), will

permit FinCEN to participate in

computer matching with requesting

Federal and State agencies under

agreements approved in accordance

with the Privacy Act.’’

Date: February 3, 1997.

Alex Rodriguez,

Deputy Assistant Secretary (Administration).

[FR Doc. 97–3563 Filed 2–12–97; 8:45 am]

Billing Code: 4810–25–F

Internal Revenue Service

[CO–30–92]

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 final regulation, CO–30–92 (TD

8560), Consolidated Returns—Stock

Basis and Excess Loss Accounts,

Earnings and Profits, Absorption of

Deductions and Losses, Joining and

Leaving Consolidated Groups,

Worthless Stock Loss, Nonapplicability

of Section 357(c). (§§ 1.1502–31,

1.1502–32, 1.1502–33, 1.1502–76).

DATES: Written comments should be

received on or before April 14, 1997 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the information collection

should be directed to Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5569, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Consolidated Returns—Stock

Basis and Excess Loss Accounts,

Earnings and Profits, Absorption of

Deductions and Losses, Joining and

Leaving Consolidated Groups,

Worthless Stock Loss, Nonapplicability

of Section 357(c).

OMB Number: 1545–1344.

Regulation Project Number: CO–30–

92.

Abstract: These regulations amend the

consolidated return investment

adjustment system, including the rules

for earnings and profits and excess loss

accounts. In addition, the regulations

provide special rules for allocating

consolidated income tax liability among

members and modify the method for

allocating income when a corporation

enters or leaves a consolidated group.

Current Actions: There is no change to

this existing regulation.

Type of Review: Extension of OMB

approval.

Affected Public: Business or other forprofit organizations.

Estimated Number of Respondents:

52,049.

Estimated Time Per Respondent: 22

minutes.

Estimated Total Annual Burden

Hours: 18,600.

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: February 7, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–3656 Filed 2–12–97; 8:45 am]

BILLING CODE 4830–01–U

Office of Thrift Supervision

[AC–1; OTS Nos. H–2158 and 02438]

Cumberland Mountain Bancshares,

M.H.C., Middlesboro, Kentucky;

Approval of Conversion Application

Notice is hereby given that on January

30, 1997, the Director, Corporate

Activities, Office of Thrift Supervision,

or her designee, acting pursuant to

delegated authority, approved the

application of Cumberland Mountain

Bancshares, M.H.C., Middlesboro,

Kentucky, to convert to the stock form

of organization. Copies of the

application are available for inspection

at the Dissemination Branch, Office of

Thrift Supervision, 1700 G Street, N.W.,

Washington, D.C. 20552, and the Central

Regional Office, Office of Thrift

Supervision, 200 West Madison Street,

Suite 1300, Chicago, Illinois 60606.

Dated: February 10, 1997.

By the Office of Thrift Supervision.

Nadine Y. Washington,

Corporate Secretary.

[FR Doc. 97–3594 Filed 2–12–97; 8:45 am]

BILLING CODE 6720–01–M

[AC–2; OTS No. 4229]

Guaranty Savings and Homestead

Association, Metairie, Louisiana;

Approval of Conversion Application

Notice is hereby given that on

February 7, 1997, the Director,

Corporate Activities, Office of Thrift

Supervision, or her designee, acting

pursuant to delegated authority,

approved the application of Guaranty