Document Headings

                    Document headings vary by document type but may contain                    the following:                  
                -                       the agency or agencies that issued and signed a document                    
                -                       the number of the CFR title and the number of each part                      the document amends, proposes to amend, or is directly                      related to                    
                -                       the agency docket number / agency internal file number                    
                -                       the RIN which identifies each regulatory action listed in                      the Unified Agenda of Federal Regulatory and Deregulatory                      Actions                    

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###### Department of the Treasury

# DATES:

Written comments should be received on or before November 20, 2000 to be assured of consideration.

## Internal Revenue Service (IRS)

*OMB Number:*                     1545-1130.                

*Form Number:*                     IRS Form 8816.                

*Type of Review:*                     Revision.                

*Title:*                     Special Loss Discount Account and Special Estimated Tax Payments for Insurance Companies.                          ( print page 62810)    

*Description:*                     Form 8816 is used by insurance companies claiming an additional deduction under IRC section 847 to reconcile heir special loss discount and special estimated tax payments, and to determine their tax benefit associated with the deduction. The information is needed by the IRS to determine that the proper additional deduction was claimed and to insure the proper amount of special estimated tax was computed and deposited.                

*Respondents:*                     Business or other for-profit.                

*Estimated Number of Respondents/Recordkeepers:*                     3,000.                

*Estimated Burden Hours Per Respondent/Recordkeeper:*

Recordkeeping—4 hr., 18 min.

Learning about the law or the form—1 hr., 0 min.

Preparing, copying, assembling and sending the form to the IRS—1 hr., 6 min.

*Frequency of Response:*                     Annually.                

*Estimated Total Reporting/Recordkeeping Burden:*                     19,200 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 414(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 for-profit, not-for-profit institutions.                

*Estimated Number of Recordkeepers:*                     218,683.                

*Estimated Burden Hours Per Recordkeeper:*                     18 minutes.                

*Estimated Total Recordkeeping Burden:*                     65,605 hours.                

*Clearance Officer:*                     Garrick Shear, Internal Revenue Service, Room 5244, 1111 Constitution Avenue, NW, Washington, DC 20224.                

*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,

Department Reports Management Officer.

[FR Doc. 00-26797  Filed 10-18-00; 8:45 am]

BILLING CODE 4830-01-M