Federal Register / Vol. 62, No. 28 / Tuesday, February 11, 1997 / Notices 6303

related avionics equipment, and for the

allocation of scarce resources for the

construction or expansion of runways

and other airport facilities.

Historical enplanement data are

required to produce short, medium, and

long range passenger demand forecasts

for all airports with passenger service.

These forecasts are presented in the

TAF data base, which contains

approximately 4,000 airports, including

all airports in the NPIAS. TAF

enplanement data are used in the

preparation of various airport master

plans and in response to requests for

specific airport information from

Congress, states, and the general public.

Historical passenger enplanement

data, aircraft departure data, and freight

and mail tons enplaned by airport are

all used to project air carrier traffic and

cargo activity levels for hub airports.

Cost/Benefit Analysis

Safety rules proposed by the FAA

operating units are submitted for

economic analysis. Under established

costing methodologies, which use

various cost and traffic data, accident

data, and risk analysis, the proposed

rules are evaluated on (1) a cost/benefit

basis, (2) regulatory flexibility basis and,

(3) an international trade impact basis.

Allocation of Airport and Airways

Improvement Funds

A revenue passenger enplanement

formula prescribed in the Airport and

Airway Improvement Act of 1982 is

used to determine the amount of funds

to be allocated to each airport. Form

298–C schedules that identify revenue

passengers enplaned at individual

airports in the United States and Trust

Territories, are used for the formula.

Since several airports in the national

system are heavily involved in air

freight, all-cargo data, such as revenue

tons enplaned and aircraft departures,

are used to plan for future needs of

those airports. Scheduled aircraft

departures by aircraft type by airport are

used in determining the practical

annual capacity (PANCAP) at airports,

as prescribed in FAA Advisory Circular

‘‘Airport Capacity Criteria Used in

Preparing the National Airport Plan.’’

PANCAP is a safety-related benchmark

measure which indicates when airport

management should be concerned about

capacity problems, delays and possible

needed airport expansion or runway

construction.

Noise Abatement

Air carrier traffic data by airport are

used in assessing the level and

frequency of service at individual

airports in order to determine the

environmental noise impact of carrier

operations. Also, aircraft operating data

are used to assess carrier compliance

with noise abatement agreements.

Timothy E. Carmody,

Director, Office of Airline Information,

Bureau of Transportation Statistics.

[FR Doc. 97–3331 Filed 2–10–97; 8:45 am]

BILLING CODE 4910–FE–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

[CO–62–89]

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–62–89 (TD

8407), Final Regulations Under Section

382 of the Internal Revenue Code of

1986; Limitations on Corporate Net

Operating Loss Carryforwards (§ 1.382–

3).

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: Final Regulations Under Section

382 of the Internal Revenue Code of

1986; Limitations on Corporate Net

Operating Loss Carryforwards.

OMB Number: 1545–1260.

Regulation Project Number: CO–62–

89.

Abstract: Internal Revenue Code

section 382(l)(5) provides relief from the

application of the section 382 limitation

for bankruptcy reorganizations in which

the pre-change shareholders and

qualified creditors maintain a

substantial continuing interest in the

loss corporation. These regulations

concern the election a taxpayer may

make to treat as the change date the

effective date of a plan of reorganization

in a title 11 or similar case rather than

the confirmation date of a plan.

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:

10.

Estimated Time Per Respondent: 5

minutes.

Estimated Total Annual Burden

Hours: 1.

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 5, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–3400 Filed 1–10–97; 8:45 am]

BILLING CODE 4830–01–U