Federal Register / Vol. 65, No. 225 / Tuesday, November 21, 2000 / Notices 69993

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

November 15, 2000.

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995,

Public Law 104–13. Copies of the

submission(s) may be obtained by

calling the Treasury Bureau Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the Treasury Department

Clearance Officer, Department of the

Treasury, Room 2110, 1425 New York

Avenue, NW., Washington, DC 20220.

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 forprofit, 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

DEPARTMENT OF THE TREASURY

Customs Service

Solicitation of Applications for

Membership on Customs Cobra Fees

Advisory Committee

AGENCY: U.S. Customs Service,

Department of the Treasury.

ACTION: General notice; amendment;

extension of application period.

SUMMARY: By a document published in

the Federal Register on June 22, 2000,

Customs set forth criteria for

membership on the Customs COBRA

Fees Advisory Committee and requested

that applications be submitted for

membership on the committee. This

document presents amended criteria for

membership on the committee, and

extends the time within which

applications for membership may be

made. Customs is broadening the

criteria governing the selection of

members to serve on the committee in

order to afford a greater pool of eligible

applicants from which members may be

selected for participation.

DATES: Applications for membership

will be accepted until January 22, 2001.

ADDRESSES: Applications should be

addressed to Richard Coleman, Trade

Compliance Team, U.S. Customs

Service, 1300 Pennsylvania Avenue,

NW., Room 5.2–A, Washington, D.C.

20229, Attention: COBRA 2000.

FOR FURTHER INFORMATION CONTACT:

Richard Coleman, Trade Compliance

Team, U.S. Customs Service, 202–927–

0563.

SUPPLEMENTARY INFORMATION:

Background

By a document published in the

Federal Register (65 FR 38884) on June

22, 2000, Customs set forth criteria for

membership on the Customs COBRA

Fees Advisory Committee and requested

that applications be submitted for

membership on the committee.

In principal part, the criteria

contained in the June 22, 2000, Federal

Register document limited membership

on the committee to one U.S. Customs

representative and up to eight parties

that were directly subject to the

payment of COBRA user fees. These

parties included operators of: railways,

trucks, barges, commercial cargo

vessels, commercial passenger vessels,

general aviation, and passenger aircraft.

In this regard, it was also stated that,

whenever possible, two members would

be selected from among passenger

aircraft operators and one member each

from the other enumerated sectors;

additional passenger aircraft operators

could be selected if the other sectors did

not have a qualified applicant.

Under the June 22, 2000, Federal

Register document, applications for

membership on the committee were

accepted until July 24, 2000.

By this document, Customs is

broadening the criteria governing the

selection of members to serve on the

committee in order to afford a greater

pool of eligible applicants from which

members may be selected for

participation. To this end, an amended

charter for the committee will be duly

filed. Consequently, Customs is further

extending the time within which

applications may be made for

membership on the committee.

Amended Membership Criteria

While industry membership on the

committee remains limited to up to

eight parties, such members will now be

selected from a cross-section of

transportation industry interests that are

concerned with COBRA user fees.

Membership on the committee is thus

no longer restricted to any of those

parties described above that directly pay

COBRA user fees. In addition to those

parties, trade association and similar

transportation industry representatives

are now eligible for membership on the

committee.

It is intended that the composition of

the committee will be arrived at in such

a way as to create a balanced forum,

taking into account a number of factors

appropriate to its nature and function.

However, there is no longer any specific

formula or goal regarding the selection

of members from particular sectors of

the transportation industry.

In addition, as made clear in the June

22, 2000, Federal Register document,

any party who serves on another

advisory committee is ineligible for