Federal Register / Vol. 63, No. 141 /Thursday, July 23, 1998 / Notices 39635

1 In addition to the instant application, Coach has

one other pending control application: Coach USA,

Inc.—Control—Blue Bird Coach Lines, Inc.; Butler

Motor Transit, Inc.; Gad-About Tours, Inc.; P&S

Transportation, Inc.; Pittsburgh Transportation

Charter Services, Inc.; Syracuse and Oswego Coach

Lines, Inc.; Tippett Travel, Inc., d/b/a Marie’s

Charter Bus Lines; Tucker Transportation Co., Inc.;

and Utica-Rome Bus Co., Inc., STB Docket No. MC–

F–20921 (STB served June 19, 1998), where Coach

seeks to acquire control of nine additional motor

passenger carriers.

2Executive is a Missouri corporation. It holds

federally-issued operating authority in Docket MC–

203805, as well as intrastate authority issued by the

Missouri Department of Transportation. The carrier

operates a fleet of 15 motorcoaches; employs

approximately 35 drivers; and, together with

affiliated companies, earned gross annual revenues

in fiscal 1997 of approximately $12 million. Prior

to the transfer of its stock into a voting trust, it had

been owned by Mr. William J. George and William

M. George.

3Le Bus is a Florida corporation. It holds

federally-issued operating authority in Docket MC–

210900. The carrier operates a fleet of

approximately 40 motorcoaches; employs

approximately 50 persons; and in fiscal 1997 earned

gross revenues of $5.2 million.

0001. In addition, send one copy of

comments to applicant’s

representatives: Betty Jo Christian and

David H. Coburn, Steptoe & Johnson

LLP, 1330 Connecticut Avenue, N.W.,

Washington, DC 20036.

FOR FURTHER INFORMATION CONTACT:

Joseph H. Dettmar, (202) 565–1600.

[TDD for the hearing impaired: (202)

565–1695.]

SUPPLEMENTARY INFORMATION: Coach

currently controls 45 motor passenger

carriers.1 In this transaction, Coach

seeks to acquire direct control of

Executive 2 and Le Bus 3 by acquiring all

of the outstanding stock of each of these

carriers.

Applicant submits that there will be

no transfer of federal or state operating

authorities held by the Acquired

Carriers. Following consummation of

the control transactions, these carriers

will continue operating in the same

manner as before, and, according to

applicant, granting the application will

not reduce competitive options

available to the traveling public.

Applicant asserts that the Acquired

Carriers do not compete with one

another or, to any meaningful degree,

with any other Coach-owned carrier.

Applicant submits that each of the

Acquired Carriers is relatively small and

each faces substantial competition from

other bus companies and from other

transportation modes.

Applicant also submits that granting

the application will produce substantial

benefits, including interest cost savings

from the restructuring of debt and

reduced operating costs from Coach’s

enhanced volume purchasing power.

Specifically, applicant claims that each

carrier will benefit from the lower

insurance premiums negotiated by

Coach and from volume discounts for

equipment and fuel. Applicant indicates

that Coach will provide each carrier

with centralized legal and accounting

functions and coordinated purchasing

services. In addition, applicant states

that vehicle sharing arrangements will

be facilitated through Coach to ensure

maximum use and efficient operating of

equipment and that, with Coach’s

assistance, coordinated driver training

services will be provided, enabling each

carrier to allocate driver resources in the

most efficient manner possible.

Applicant also states that the proposed

transaction will benefit the employees

of each carrier and that all collective

bargaining agreements will be honored

by Coach. Over the long term, Coach

states that it will provide centralized

marketing and reservation services for

the bus firms that it controls, thereby

further enhancing the benefits resulting

from these control transactions.

Applicant certifies that: (1) neither

carrier holds an unsatisfactory safety

rating from the U.S. Department of

Transportation; (2) each carrier has

sufficient liability insurance; (3) neither

carrier is domiciled in Mexico nor

owned or controlled by persons of that

country; and (4) approval of the

transaction will not significantly affect

either the quality of the human

environment or the conservation of

energy resources. Additional

information may be obtained from

Applicant’s representatives.

Under 49 U.S.C. 14303(b), we must

approve and authorize a transaction we

find consistent with the public interest,

taking into consideration at least: (1) the

effect of the transaction on the adequacy

of transportation to the public; (2) the

total fixed charges that result; and (3)

the interest of affected carrier

employees.

On the basis of the application, we

find that the proposed acquisition of

control is consistent with the public

interest and should be authorized. If any

opposing comments are timely filed,

this finding will be deemed vacated and

a procedural schedule will be adopted

to reconsider the application. If no

opposing comments are filed by the

expiration of the comment period, this

decision will take effect automatically

and will be the final Board action.

Board decisions and notices are

available on our website at

‘‘WWW.STB.DOT.GOV.’’

This action will not significantly

affect either the quality of the human

environment or the conservation of

energy resources.

It is ordered:

1. The proposed acquisition of control

is approved and authorized, subject to

the filing of opposing comments.

2. If timely opposing comments are

filed, the findings made in this decision

will be deemed vacated.

3. This decision will be effective on

September 8, 1998, unless timely

opposing comments are filed.

4. A copy of this notice will be served

on the U.S. Department of Justice,

Antitrust Division, 10th Street &

Pennsylvania Avenue, N.W.,

Washington, DC 20530.

Decided: July 16, 1998.

By the Board, Chairman Morgan and Vice

Chairman Owen.

Vernon A. Williams,

Secretary.

[FR Doc. 98–19680 Filed 7–22–98; 8:45 am]

BILLING CODE 4915–00–P 1

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

July 15, 1998.

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 August 24, 1998

to be assured of consideration.

Financial Crimes Enforcement Network

(FinCEN)

OMB Number: 1506–0008.

Regulation Parts: 31 CFR Parts 103.33.

Type of Review: Extension.

Title: Conditional Exceptions to the

Application of 31 CFR 103.33(g).

Description: FinCEN Notice 1998–1

provides two conditional exceptions to

the information requirements of 31 CFR

103.33(g) (the ‘‘Travel Rule’’). Banks and

brokers and dealers in securities would

use the exceptions.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 5,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Reporting—3 minutes
39636 Federal Register / Vol. 63, No. 141 /Thursday, July 23, 1998 / Notices

Recordkeeping—15 minutes

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 1,500 hours.

Clearance Officer: Lois K. Holland

(202) 622–1563, Departmental Offices,

Room 2110, 1425 New York Avenue,

N.W., Washington, DC 20220.

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. 98–19643 Filed 7–22–98; 8:45 am]

BILLING CODE 4810–31–P

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

July 17, 1998.

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 August 24, 1998

to be assured of consideration.

Bureau of Alcohol, Tobacco and

Firearms (BATF)

OMB Number: New.

Form Number: ATF F 2931.

Type of Review: New collection.

Title: Race and National Origin

Identification.

Description: This form on its own and

when combined with other Bureau

tracking forms will allow the Bureau to

determine its applicant/employee pool,

and thereby, enhance its recruitment

plan. It will also allow the Bureau to

determine how its diversity/EEO efforts

are progressing and to determine

adverse impact on the employee

selection process.

Respondents: Individuals or

households.

Estimated Number of Respondents:

10,000.

Estimated Burden Hours Per

Respondent: 3 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

500 hours.

Clearance Officer: Robert N. Hogarth

(202) 927–8930, Bureau of Alcohol,

Tobacco and Firearms, Room 3200, 650

Massachusetts Avenue, N.W.,

Washington, DC 20226.

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. 98–19644 Filed 7–22–98; 8:45 am]

BILLING CODE 4810–31–P

DEPARTMENT OF THE TREASURY

Submission to OMB for Review;

Comment Request

July 16, 1998.

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 August 24, 1998

to be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0923.

Regulation Project Number: REG–

209274–85 NPRM (formerly IA–31–85)

and LR–124–84 Temporary.

Type of Review: Extension.

Title: Tax-Exempt Entity Leasing.

Description: These regulations

provide guidance to persons executing

lease agreements involving tax-exempt

entities under 168(h) of the Internal

Revenue Code. The regulations are

necessary to implement

Congressionally-enacted legislation and

elections for certain previously taxexempt organizations and certain taxexempt controlled entities.

Respondents: Business or other forprofit, State, Local or Tribal

Government.

Estimated Number of Respondents:

4,000.

Estimated Burden Hours Per

Respondent: 30 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

2,000 hours.

OMB Number: 1545–0982.

Regulation Project Number: LR–77–86

Temporary (TD 8124).

Type of Review: Extension.

Title: Certain Elections Under the Tax

Reform Act of 1986.

Description: These regulations

establish various elections with respect

to which immediate interim guidance

on the time and manner of making the

election is necessary. These regulations

enable taxpayers to take advantage of

the benefits of various Code provisions.

Respondents: Individuals or

households, Business or other for-profit,

Not-for-profit institutions, Farms, State,

Local or Tribal Government.

Estimated Number of Respondents:

114,710.

Estimated Burden Hours Per

Respondent: 15 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

28,678 hours.

OMB Number: 1545–0985.

Regulation Project Number: PS–128–

86, PS–127–86, and PS–73–88 Final.

Type of Review: Extension.

Title: Generation-Skipping Transfer

Tax.

Description: This regulation provides

rules relating to the effective date,

return requirements, definitions, and

certain special rules covering the

generation-skipping transfer tax. The

information required by the regulation

will require individuals and/or

fiduciaries to report information on

Forms 706NA, 706, 706GS(D),

706GS(D–1), 706GS(T), 709 and 843 in

connection with the generation-skipping

transfer tax. The information will

facilitate the assessment of the tax and

taxpayer examinations.

Respondents: Individuals or

households, Business or other for-profit.

Estimated Number of Respondents/

Recordkeepers: 7,500.

Estimated Burden Hours Per

Respondent/Recordkeeper: 30 minutes.

Frequency of Response: On occasion,

Other (Form 706 is filed within 9

months after the taxpayer dies).

Estimated Total Reporting/

Recordkeeping Burden: 3,750 hours.

OMB Number: 1545–1051.

Regulation Project Number: INTL–29–

91 Final.

Type of Review: Extension.

Title: Computation and

Characterization of Income and Earnings

and Profits under the Dollar

Approximate Separate Transactions

Method of Accounting (DASTM).

Description: For taxable years after the

final regulations are effective, taxpayers

operating in hyper inflationary

currencies must use the U.S. dollar as

their functional currency and compute