12456 Federal Register / Vol. 74, No. 55 / Tuesday, March 24, 2009 / Notices 

comments on the following proposed 

collections of information: 

Title: National Automotive Sampling 

System (NASS). 

Type of Request: Extension of a 

currently approved collection. 

OMB Control Number: 2127–0021. 

Affected Public: Passenger Motor 

Vehicle Operators. 

Abstract: The collection of crash data 

that support the establishment and 

enforcement of motor vehicle 

regulations that reduce the severity of 

injury and property damage caused by 

motor vehicle crashes is authorized 

under the National Traffic and Motor 

Vehicle Safety Act of 1966 (Pub. L. 89– 

563, Title 1, Sec. 106, 108, and 112). 

The National Automotive Sampling 

System (NASS) Crashworthiness Data 

System (CDS) of the National Highway 

Traffic Safety Administration 

investigates high severity crashes. Once 

a crash has been selected for 

investigation, researchers locate, visit, 

measure, and photograph the crash 

scene; locate, inspect, and photograph 

vehicles; conduct a telephone or 

personal interview with the involved 

individuals or surrogate; and obtain and 

record injury information received from 

various medical data sources. NASS 

CDS data are used to describe and 

analyze circumstances, mechanisms, 

and consequences of high severity 

motor vehicle crashes in the United 

States. The collection of interview data 

aids in this effort. 

Estimated Annual Burden: 5,807 

hours. 

Number of respondents: 13,500. 

Issued on: March 18, 2009. 

Marilena Amoni, 

Associate Administrator, National Center for 

Statistics and Analysis. 

[FR Doc. E9–6382 Filed 3–23–09; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–107047–00] 

Proposed Collection; Comment 

Request for Regulation Project 

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 an 

existing final regulation, REG–107047– 

00 (TD 8985), Hedging Transactions 

(1.1221–2). 

DATES: Written comments should be 

received on or before May 26, 2009 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulation should be 

directed to Carolyn N. Brown at Internal 

Revenue Service, Room 6129, 1111 

Constitution Avenue, NW., Washington, 

DC 20224, or at (202) 622–6688, or 

through the Internet at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Hedging Transactions. 

OMB Number: 1545–1480. 

Regulation Project Number: REG– 

107047–00. 

Abstract: This regulation deals with 

the character and timing of gain or loss 

from certain hedging transactions 

entered into by members of a 

consolidated group of corporations. The 

regulation applies when one member of 

the group hedges its own risk, hedges 

the risk of another member, or enters 

into a risk-shifting transaction with 

another member. Also, this regulation 

clarifies the character of gain or loss 

from the sale or exchange of property 

that is a part of a business hedge. A 

taxpayer must identify the hedging 

transaction on its book and records 

before the close of the day on which the 

taxpayer enters into it and must also 

identify the item, items, or aggregate 

risk being hedged. The information will 

be used to verify that a taxpayer is 

properly reporting its business hedging 

transactions. 

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 Respondents: 

127,100. 

Estimated Time per Respondent: 1 

hour, 20 minutes. 

Estimated Total Annual Burden 

Hours: 171,050. 

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: March 12, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–6362 Filed 3–23–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8811 

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 

8811, Information Return for Real Estate 

Mortgage Investment Conduits (REMICs) 

and Issuers of Collateralized Debt 

Obligations. 

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