39650 Federal Register / Vol. 63, No. 141 /Thursday, July 23, 1998 / Notices

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: July 17, 1998.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 98–19704 Filed 7–22–98; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 1120–RIC

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Notice and request for

comments.

SUMMARY: The Department of the

Treasury, 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,

Public Law 104–13 (44 U.S.C.

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

soliciting comments concerning Form

1120–RIC, U.S. Income Tax Return for

Regulated Investment Companies.

DATES: Written comments should be

received on or before September 21,

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 form and instructions

should be directed to Martha R. Brinson,

(202) 622–3869, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: U.S. Income Tax Return for

Regulated Investment Companies.

OMB Number: 1545–1010.

Form Number: 1120–RIC.

Abstract: Internal Revenue Code

sections 851 through 855 provide rules

for the taxation of a domestic

corporation that meets certain

requirements and elects to be taxed as

a regulated investment company. Form

1120–RIC is filed by a domestic

corporation making such an election in

order to report its income and

deductions and to compute its tax

liability. The IRS uses the information

on Form 1120–RIC to determine

whether the corporation’s income,

deductions, credits, and tax have been

correctly reported.

Current Actions: There are no changes

being made to the form at this time.

Type of Review: Extension of a

currently approved collection.

Affected Public: Business or other forprofit organizations.

Estimated Number of Respondents:

3,277.

Estimated Time Per Respondent: 117

hr., 17 min.

Estimated Total Annual Burden

Hours: 384,327.

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: July 17, 1998.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 98–19705 Filed 7–22–98; 8:45 am]

BILLING CODE 4830–01–U

UNITED STATES ENRICHMENT

CORPORATION

Sunshine Act Meeting

AGENCY: United States Enrichment

Corporation.

SUBJECT: Board of Directors.

TIME AND DATE: The time of the meeting

previously scheduled and noticed for

Wednesday, July 22, 1998, has been

changed from 5:00 p.m. to 1:00 p.m.

PLACE: USEC Corporate Headquarters,

6903 Rockledge Drive, Bethesda, MD

20817.

STATUS: The meeting will be closed to

the public.

MATTER TO BE CONSIDERED: Privatization

of the Corporation.

CONTACT PERSON FOR MORE INFORMATION:

Elizabeth Stuckle at 301/564–3399.

Dated: July 20, 1998.

Carol K. DiSibio,

Clerk to the Board.

[FR Doc. 98–19774 Filed 7–20–98; 4:51 pm]

BILLING CODE 8720–01–M