Federal Register / Vol. 63, No. 17 /Tuesday, January 27, 1998 / Notices 3947

opportunity to comment on proposed

and/or continuing information

collections, as required by the

Paperwork Reduction Act of 1995,

Public Law 104–13 (44 U.S.C.

3506(c)(2)(A)). Currently, the IRS is

soliciting comments concerning an

existing final regulation, PS–27–91 (TD

8442), Procedural Rules for Excise Taxes

Currently Reportable on Form 720

(§§ 40.6302(c)–3(b)(2)(ii), 40.6302(c)–

3(b)(2)(iii), and 40.6302(c)–3(e).

DATES: Written comments should be

received on or before March 30, 1998 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the information collection

should be directed to Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5569, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Procedural Rules for Excise

Taxes Currently Reportable on Form

720.

OMB Number: 1545–1296.

Regulation Project Number: PS–27–

91.

Abstract: Internal Revenue Code

section 6302(c) authorizes the use of

Government depositaries for the receipt

of taxes imposed under the internal

revenue laws. These regulations provide

reporting and recordkeeping

requirements related to returns,

payments, and deposits of tax for excise

taxes currently reportable on Form 720.

Current Actions: There is no change to

this existing regulation.

Type of Review: Extension of a

currently approved collection.

Affected Public: Business or other forprofit organizations.

Estimated Number of Recordkeepers:

4,000.

Estimated Time Per Recordkeeper: 60

hours.

Estimated Total Annual

Recordkeeping Hours: 240,000.

Estimated Number of Respondents:

5,000.

Estimated Time Per Respondents: 22

minutes.

Estimated Total Annual Reporting

Hours: 1,850.

The following paragraph applies to all

of the collections of information covered

by this notice:

An agency may not conduct or

sponsor, and a person is not required to

respond to, a collection of information

unless the collection of information

displays a valid OMB control number.

Books or records relating to a collection

of information must be retained as long

as their contents may become material

in the administration of any internal

revenue law. Generally, tax returns and

tax return information are confidential,

as required by 26 U.S.C. 6103.

Request for Comments: Comments

submitted in response to this notice will

be summarized and/or included in the

request for OMB approval. All

comments will become a matter of

public record. Comments are invited on:

(a) Whether the collection of

information is necessary for the proper

performance of the functions of the

agency, including whether the

information shall have practical utility;

(b) the accuracy of the agency’s estimate

of the burden of the collection of

information; (c) ways to enhance the

quality, utility, and clarity of the

information to be collected; (d) ways to

minimize the burden of the collection of

information on respondents, including

through the use of automated collection

techniques or other forms of information

technology; and (e) estimates of capital

or start-up costs and costs of operation,

maintenance, and purchase of services

to provide information.

Approved: January 15, 1998.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 98–1815 Filed 1–26–98; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

[AC–3: OTS Nos. 03257 and H–2193]

Harbor Financial, M.H.C., Fort Pierce,

Florida; Approval of Conversion

Application

Notice is hereby given that on January

16, 1998, the Director, Corporate

Activities, Office of Thrift Supervision,

or her designee, acting pursuant to

delegated authority, approved the

application of Harbor Financial, M.H.C.,

Fort Pierce, Florida, to convert to the

stock form of organization. Copies of the

application are available for inspection

at the Dissemination Branch, Office of

Thrift Supervision, 1700 G Street, N.W.,

Washington, DC 20552, and the

Southeast Regional Office, Office of

Thrift Supervision, 1475 Peachtree

Street, N.E., Atlanta, GA 30309.

Dated: January 22, 1998.

By the Office of Thrift Supervision.

Nadine Y. Washington,

Corporate Secretary.

[FR Doc. 98–1894 Filed 1–26–98; 8:45 am]

BILLING CODE 6720–01–M

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

[AC–5: OTS No. 5194]

Heritage Federal Savings and Loan

Association, Laurens, South Carolina;

Approval of Conversion Application

Notice is hereby given that on January

16, 1998, the Director, Corporate

Activities, Office of Thrift Supervision,

or her designee, acting pursuant to

delegated authority, approved the

application of Heritage Federal Savings

and Loan Association, Laurens, South

Carolina, to convert to the stock form of

organization. Copies of the application

are available for inspection at the

Dissemination Branch, Office of Thrift

Supervision, 1700 G Street, NW,

Washington, DC 20552, and the

Southeast Regional Office, Office of

Thrift Supervision, 1475 Peachtree

Street, N.E., Atlanta, GA 30309.

Dated: January 22, 1998.

By the Office of Thrift Supervision.

Nadine Y. Washington,

Corporate Secretary.

[FR Doc. 98–1896 Filed 1–26–98; 8:45 am]

BILLING CODE 6720–01–M

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

[AC–4: OTS Nos. 02497 and H–2024]

SouthBanc Shares, M.H.C., Anderson,

South Carolina; Approval of

Conversion Application

Notice is hereby given that on January

16, 1998, the Director, Corporate

Activities, Office of Thrift Supervision,

or her designee, acting pursuant to

delegated authority, approved the

application of SouthBanc Shares,

M.H.C., Anderson, South Carolina, to

convert to the stock form of

organization. Copies of the application

are available for inspection at the

Dissemination Branch, Office of Thrift

Supervision, 1700 G Street, NW,

Washington, DC 20552, and the

Southeast Regional Office, Office of

Thrift Supervision, 1475 Peachtree

Street, NE, Atlanta, GA 30309.

Dated: January 22, 1998.

By the Office of Thrift Supervision.

Nadine Y. Washington,

Corporate Secretary.

[FR Doc. 98–1895 Filed 1–26–98; 8:45 am]

BILLING CODE 6720–01–M