Federal Register / Vol. 77, No. 60 / Wednesday, March 28, 2012 / Notices 18881 

1A redacted, executed trackage rights agreement 

between NSR and N&BE was filed with the notice 

of exemption. The unredacted version was 

concurrently filed under seal along with a motion 

for protective order, which will be addressed in a 

separate decision. 

(ii.) The accuracy the agency’s 

estimate of the burden of the proposed 

collection of information, including the 

validity of the methodology and 

assumptions used; 

(iii.) How to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(iv.) How to minimize the burden of 

the collection of information on those 

who are to respond including the use of 

appropriate automated, electronic, 

mechanical, or other technological 

collection techniques or other forms of 

information technology, e.g. permitting 

electronic submission of responses. 

In compliance with these 

requirements, NHTSA asks for public 

comments on the following proposed 

collections of information: 

Title: Extension of Clearance. 

OMB Control Number: 2127–0001. 

Affected Public: State, Local, or Tribal 

Government. 

Form Number: This collection of 

information uses no standard form. 

Abstract: The purpose of the NDR is 

to assist States and other authorized 

users in obtaining information about 

problem drivers. State motor vehicle 

agencies submit and use the information 

for driver licensing purposes. Other 

users obtain the information for 

transportation safety purposes. 

Estimated Annual Burden: 2,847 

hours. 

Number of Respondents: The number 

of respondents is 51—the 50 States and 

the District of Columbia. 

Comments are invited on: Whether 

the proposed collection of information 

is necessary for the proper performance 

of the functions of the Department, 

including whether the information will 

have practical utility; the accuracy of 

the Department’s estimate of the burden 

of the proposed information collection; 

ways to enhance the quality, utility and 

clarity of the information to be 

collected; and ways to minimize the 

burden of the collection of information 

on respondent, including the use of 

automated collection techniques or 

other forms of information technology. 

Issued on March 22, 2012. 

Terry Shelton, 

Associate Administrator for the National 

Center for Statistics and Analysis. 

[FR Doc. 2012–7347 Filed 3–27–12; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. FD 35608] 

North Louisiana & Arkansas Railroad, 

Inc.—Lease and Operation 

Exemption—Line of Southeastern 

Arkansas Economic Development 

District 

North Louisiana & Arkansas Railroad, 

Inc. (NLA), a Class III rail carrier, has 

filed a verified notice of exemption 

under 49 CFR 1150.41 to lease from 

Southeastern Arkansas Economic 

Development District (SAEDD), a 

noncarrier political subdivision of the 

State of Arkansas, and to operate, a 21.8- 

mile line of railroad extending between 

milepost 433.0 at or near Lake Village in 

Chicot County, Ark., and milepost 454.8 

at or near the Louisiana/Arkansas 

border. 

NLA states that, at the present time, 

the 21.8-mile line is impassable, but 

once Board authorization of the lease 

has been obtained and rehabilitation of 

the line has been completed, it will 

commence operations. NLA also states 

that it will interchange traffic with the 

Union Pacific Railroad Company, 

Arkansas Midland Railroad Company 

and Delta Southern Railroad. 

According to NLA, the initial term of 

the lease agreement shall be for a 20- 

year period, beginning on the effective 

date of the Board’s decision that 

approves the proposed transaction. NLA 

states that the lease does not involve 

any provision or agreement that would 

limit future interchange with a thirdparty connecting carrier. NLA has 

included a copy of the lease agreement 

as part of its filing. 

The earliest the transaction can be 

consummated is April 11, 2012, the 

effective date of the exemption (30 days 

after the exemption was filed). 

NLA certifies that its projected annual 

revenues as a result of this transaction 

will not exceed those that would qualify 

it as a Class III rail carrier. NLA further 

certifies that its projected annual 

revenues as a result of this transaction 

will not exceed $5 million. 

If the verified notice contains false or 

misleading information, the exemption 

is void ab initio. Petitions to revoke the 

exemption under 49 U.S.C. 10502(d) 

may be filed at any time. The filing of 

a petition to revoke will not 

automatically stay the effectiveness of 

the exemption. Stay petitions must be 

filed no later than April 4, 2012 (at least 

7 days before the exemption becomes 

effective). 

An original and 10 copies of all 

pleadings, referring to Docket No. FD 

35608, must be filed with the Surface 

Transportation Board, 395 E Street SW., 

Washington, DC 20423–0001. In 

addition, one copy of each pleading 

must be served on Richard H. Streeter, 

Law Office of Richard H. Streeter, 5255 

Partridge Lane NW., Washington, DC 

20016. 

Board decisions and notices are 

available on our Web site at 

‘‘www.stb.dot.gov.’’ 

Decided: March 23, 2012. 

By the Board, Rachel D. Campbell, 

Director, Office of Proceedings. 

Raina S. White, 

Clearance Clerk. 

[FR Doc. 2012–7432 Filed 3–27–12; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. FD 35597] 

Nittany & Bald Eagle Railroad 

Company—Temporary Trackage 

Rights Exemption—Norfolk Southern 

Railway Company 

Norfolk Southern Railway Company 

(NSR), pursuant to a written trackage 

rights agreement dated February 3, 

2012, has agreed to grant nonexclusive 

overhead temporary trackage rights to 

Nittany & Bald Eagle Railroad Company 

(N&BE), between Lock Haven, Pa. 

(milepost BR 194.2) and Driftwood, Pa. 

(milepost BR 139.2), a distance of 

approximately 55 miles.1

The transaction may be consummated 

on or after April 11, 2012, and the 

temporary trackage rights are scheduled 

to expire on December 30, 2012. The 

purpose of the temporary trackage rights 

is to allow N&BE to operate bridge train 

service for temporary, seasonal traffic 

originating on the N&BE for delivery to 

an off-line destination. 

As a condition to this exemption, any 

employees affected by the acquisition of 

the temporary trackage rights will be 

protected by the conditions imposed in 

Norfolk and Western Railway— 

Trackage Rights—Burlington Northern, 

Inc., 354 I.C.C. 605 (1978), as modified 

in Mendocino Coast Railway—Lease 

and Operate—California Western 

Railroad, 360 I.C.C. 653 (1980), and any 

employees affected by the 

discontinuance of those trackage rights 

will be protected by the conditions set 


tkelley on DSK3SPTVN1PROD with NOTICES
18882 Federal Register / Vol. 77, No. 60 / Wednesday, March 28, 2012 / Notices 

out in Oregon Short Line Railroad— 

Abandonment Portion Goshen Branch 

Between Firth & Ammon, in Bingham & 

Bonneville Counties, Idaho, 360 I.C.C. 

91 (1979). 

This notice is filed under 49 CFR 

1180.2(d)(8). If it contains false or 

misleading information, the exemption 

is void ab initio. Petitions to revoke the 

exemption under 49 U.S.C. 10502(d) 

may be filed at any time. The filing of 

a petition to revoke will not 

automatically stay the effectiveness of 

the exemption. Petitions for stay must 

be filed no later than April 4, 2012 (at 

least 7 days before the exemption 

becomes effective). 

An original and 10 copies of all 

pleadings, referring to Docket No. FD 

35597, must be filed with the Surface 

Transportation Board, 395 E Street, SW., 

Washington, DC 20423–0001. In 

addition, a copy of each pleading must 

be served on Richard R. Wilson, 518 N. 

Center Street, Suite 1, Ebensburg, PA 

15931. 

Board decisions and notices are 

available on our Web site at 

‘‘WWW.STB.DOT.GOV.’’ 

Decided: March 22, 2012. 

By the Board, Rachel D. Campbell, 

Director, Office of Proceedings. 

Raina S. White, 

Clearance Clerk. 

[FR Doc. 2012–7378 Filed 3–27–12; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

March 23, 2012. 

The Department of the Treasury will 

submit the following information 

collection request to the Office of 

Management and Budget (OMB) for 

review and clearance in accordance 

with the Paperwork Reduction Act of 

1995, Public Law 104–13, on or after the 

date of publication of this notice. 

DATES: Comments should be received on 

or before April 27, 2012 to be assured 

of consideration. 

ADDRESSES: Send comments regarding 

the burden estimate, or any other aspect 

of the information collection, including 

suggestion for reducing the burden, to 

(1) Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Attention: Desk Officer for 

Treasury, New Executive Office 

Building, Room 10235, Washington, DC 

20503, or email at 

OIRA_Submission@OMB.EOP.GOV and 

(2) Treasury PRA Clearance Officer, 

1750 Pennsylvania Ave. NW., Suite 

11020, Washington, DC 20220, or online at www.PRAComment.gov. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submission(s) may be 

obtained by calling (202) 927–5331, 

email at PRA@treasury.gov, or the entire 

information collection request may be 

found at www.reginfo.gov. 

Internal Revenue Service (IRS) 

OMB Number: 1545–0013. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: Notice Concerning Fiduciary 

Relationship. 

Form: 56. 

Abstract: Form 56 is used to inform 

the IRS that a person is acting for 

another person in a fiduciary capacity 

so that the IRS may mail tax notices to 

the fiduciary concerning the person for 

whom he/she is acting. The data is used 

to ensure that the fiduciary relationship 

is established or terminated and to mail 

or discontinue mailing designated tax 

notices to the fiduciary. 

Affected Public: Private Sector; 

Businesses or other for-profits. 

Estimated Total Burden Hours: 

292,800. 

OMB Number: 1545–0913. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: Below-Market Loans, LR–165– 

84. 

Abstract: Section 7872 recharacterizes a below-market loan as a 

market rate loan and an additional 

transfer by the lender to the borrower 

equal to the amount of imputed interest. 

The regulation requires both the lender 

and the borrower to attach a statement 

to their respective income tax returns 

for years in which they have either 

imputed income or claim imputed 

deductions under section 7872. 

Affected Public: Private Sector; 

Businesses or other for-profits. 

Estimated Total Burden Hours: 

481,722. 

OMB Number: 1545–1041. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: TD 8316, Cooperative Housing 

Corporations. 

Abstract: This document contains 

amendments to the Income Tax 

Regulations under section 216 of the 

Internal Revenue Code of 1986, relating 

to cooperative housing corporations. 

Section 216 of the Code was amended 

by the Tax Reform Act of 1986. The 

regulations provide cooperative housing 

corporations and tenant-stockholders 

with guidance needed to comply with 

the law. 

Affected Public: Private Sector; 

Businesses or other for-profits. 

Estimated Total Burden Hours: 625. 

OMB Number: 1545–1353. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: TD 8517, Debt Instruments with 

Original Discount; Imputed Interest on 

Deferred Payment Sales or Exchanges of 

Property. 

Abstract: This document contains 

final regulations relating to the tax 

treatment of debt instruments with 

original issue discount and the 

imputation of interest on deferred 

payments under certain contracts for the 

sale or exchange of property. The final 

regulations provide needed guidance to 

holders and issuers of debt instruments 

with original issue discount and to 

buyers and sellers of property. 

Affected Public: Private Sector; 

Businesses or other for-profits. 

Estimated Total Burden Hours: 

185,500. 

OMB Number: 1545–1417. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: Indian Employment Credit. 

Form: 8845. 

Abstract: Employers can claim a 

credit for hiring American Indians or 

their spouses to work within an Indian 

reservation. The credit is figured by 

multiplying by 20% the increase in 

wages and health insurance costs over 

the comparable amount paid or incurred 

during calendar year 1993. 

Affected Public: Private Sector; 

Businesses or other for-profits. 

Estimated Total Burden Hours: 4,332. 

OMB Number: 1545–1466. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: Third-Party Disclosure 

Requirements in the IRS Regulations. 

Abstract: This submission contains 

third-party disclosure regulations 

subject to the Paperwork Reduction Act 

of 1995. 

Affected Public: Private Sector; 

Businesses or other for-profits. 

Estimated Total Burden Hours: 

68,885,183. 

OMB Number: 1545–1955. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: Request to Revoke Partnership 

Level Tax Treatment Election. 

Form: 8894. 

Abstract: IRC section 6231(a)(1)(B)(ii) 

allows small partnerships to elect to be 

treated under the unified audit and 

litigation procedures. This election can 

only be revoked with the consent of the 


tkelley on DSK3SPTVN1PROD with NOTICES