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                    

                    See the                                          Document Drafting Handbook                                        for more details.                  

###### Department of the Treasury

# DATES:

Written comments should be received on or before December 21, 2000 to be assured of consideration. 

## Internal Revenue Service (IRS) 

*OMB Number:*                     1545-1143.                 

*Form Number:*                     IRS Form 706-GS(D-1).                 

*Type of Review:*                     Extension.                 

*Title:*                     Notification of Distribution From a Generation-Skipping Trust.                 

*Description:*                     Form 706-GS(D-1) is used by trustees to notify the IRS and distributees of information needed by distributees to compute the Federal GST tax imposed by Internal Revenue Code (IRC) section 2601. IRS uses the information to enforce this tax and to verify that the tax has been properly computed.                 

*Respondents:*                     Individuals or households.                 

*Estimated Number of Respondents/Recordkeepers:*                     80,000.                 

Estimated Burden Hours Per Recordkeeper: 

Recordkeeping—1 hr., 33 min. 

Learning about the law or the form—1 hr., 48 min. 

Preparing the form—42 min. 

Copying, assembling, and sending the form to the IRS—20 min. 

*Frequency of Response:*                     Annually.                 

*Estimated Total Reporting/Recordkeeping Burden:*                     348,800 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 Internal Revenue 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:*                     Business or other for-profit, Individuals or households.                 

*Estimated Number of Recordkeepers:*                     10,000.                 

*Estimated Burden Hours Per Recordkeeper:*                     12 minutes.                 

*Estimated Total Recordkeeping Burden:*                     2,000 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, 

Departmental Reports Management Officer.

[FR Doc. 00-29775 Filed 11-20-00; 8:45 am] 

BILLING CODE 4830-01-P