[Federal Register Volume 89, Number 215 (Wednesday, November 6, 2024)]
[Notices]
[Pages 88112-88113]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-25779]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Form 637 Application for Registration and 
Questionnaires

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Internal Revenue Service, 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. The IRS is soliciting comments 
concerning Form 637, Application for Registration (For Certain Excise 
Tax Activities) and Questionnaires and IRS Notice 2023-06, IRS Notice 
2024-06, Notice 2024-37, and IRS Notice 2024-49.

DATES: Comments should be received on or before December 6, 2024 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Melody Braswell by emailing <a href="/cdn-cgi/l/email-protection#3f6f6d7e7f4b4d5a5e4c4a4d4611585049"><span class="__cf_email__" data-cfemail="f3a3a1b2b3878196928086818add949c85">[email protected]</span></a>, calling 
(202) 622-1035, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Internal Revenue Service (IRS)

    Title: Application for Registration (For Certain Excise Tax 
Activities) and Questionnaires; IRS Notice 2023-06; IRS Notice 2024-06; 
IRS Notice 2024-37; IRS Notice 2024-49.
    OMB Number: 1545-1835.
    Form Number: Form 637--IRS Notice 2023-06, IRS Notice 2024-06, IRS 
Notice 2024-37, and IRS Notice 2024-49.
    Abstract: Form 637 is used to apply for excise tax registration. 
The registration applies to a person required to be registered under 
Internal Revenue Code (IRC) section 4101 for purposes of the Federal 
excise tax on taxable fuel imposed under IRC sections 4041 and 4081; 
other persons required to be registered by IRC section 4101 for certain 
fuel activities for tax credits; certain manufacturers or sellers and 
purchasers required to be registered by IRC section 4222 to be exempt 
from the excise tax on taxable articles; certain persons required to be 
registered by IRC section 4662 to be exempt from the excise tax on 
taxable chemicals; and certain persons required to be registered by IRC 
section 4682 to be exempt from the excise tax on ozone-depleting 
chemicals. The data from Form 637 is used to determine if the applicant 
qualifies for registration.
    IRS Notice 2023-26 provides guidance on the new sustainable 
aviation fuel credits under IRC sections 40B and 6426(k) and related 
credit and payment rules under IRC sections 34(a)(3), 38, 87, and 
6427(e)(1) (SAF credit). This notice also provides rules related to the 
section 4101 registration requirements. The certificate, reseller 
statement, and declaration created by IRS Notice 2023-06 will allow the 
IRS to verify that claimants are making proper credit and payment 
claims with respect to the SAF credit.
    IRS Notice 2024-06 allows taxpayers to use the Renewable Fuel 
Standard (RFS) methodology to calculate the amount of the SAF credit. 
IRS Notice 2024-06 updated the certificate to include the RFS 
methodology.
    IRS Notice 2024-37 allows taxpayers to use the 40BSAF-GREET 2024 
methodology to calculate the amount of the SAF credit. IRS Notice 2024-
37 also allows use of domestic corn and soybean grown using climate 
smart agriculture pursuant to a program called the U.S. Department of 
Agriculture (USDA) Climate Smart Agriculture (CSA) Pilot Program (USDA 
CSA Pilot Program) to be considered in determining the amount of the 
SAF credit. If all the elements are met, the registered producer can 
increase the emissions reduction, allowing for a larger amount of the 
SAF credit.
    IRS Notice 2024-49 provides guidance on the registration 
requirements under IRC sections 45Z and 4101 for the clean fuel 
production credit. Section 45Z(f)(1)(A)(i)(I) provides that no clean 
fuel production credit shall be determined with respect to any 
transportation fuel unless the taxpayer

[[Page 88113]]

is registered as a producer of clean fuel under section 4101 at the 
time of production. IRS Notice 2024-49 provides guidance on the time, 
form, and manner of such registration. IRS Notice 2024-49 provides that 
applicants will use Form 637 to apply for registration with the IRS and 
can apply for Activity Letter ``CN'' (for a producer of clean 
transportation fuel which is not SAF), or Activity Letter ``CA'' (for a 
producer of clean transportation fuel which is SAF), or both, in 
accordance with the instructions provided in the notice until Form 637 
is updated.
    Current Actions: IRS Notice 2024-37 has added a new certificate, 
revised the certificate from Notice 2024-06, and included new 
recordkeeping requirements. IRS Notice 2024-49 is revising Form 637 to 
add new activity codes and activity letters to be requested on Form 
637.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households, Business or other for-
profit, and not-for-profit entities.
    Estimated Number of Responses: 9,949.
    Estimated Time per Response: Varies, 30 minutes to 14 hours.
    Estimated Total Annual Burden Hours: 32,344.
    Authority: 44 U.S.C. 3501 et seq.

Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024-25779 Filed 11-5-24; 8:45 am]
BILLING CODE 4830-01-P


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