Federal Register / Vol. 60, No. 92 / Friday, May 12, 1995 / Notices 25763

owners of residential rental projects

providing low-income housing to

claim a credit against income tax for

part of the cost of constructing or

rehabilitating such low-income

housing. Form 8586 is used by

taxpayers to compute the credit and

by IRS to verify that the correct credit

has been claimed.

Respondents: Individuals or

households, Business or other forprofit

Estimated Number of Respondents/

Recordkeepers: 50,000

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—6 hr., 13 min.

Learning about the law or the form—

1 hr., 32 min.

Preparing and sending the form to the

IRS—4 hr., 6 min.

Frequency of Response: Annually

Estimated Total Reporting/

Recordkeeping Burden: 592,500 hours

OMB Number: 1545–1007

Form Number: IRS Form 8606

Type of Review: Extension

Title: Nondeductible IRAs

(Contributions, Distributions, and

Basis)

Description: Internal Revenue Code

(IRC) Section 408(o) allows taxpayers

to elect to make nondeductible

contributions to individual retirement

plans. This Section also requires

taxpayers to report to the Internal

Revenue Service certain information

regarding nondeductible

contributions.

Respondents: Individuals or households

Estimated Number of Respondents/

Recordkeepers: 997,748

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—26 min.

Learning about the law or the form—

7 min.

Preparing the form—21 min.

Copying, assembling, and sending the

form to the IRS—20 min.

Frequency of Response: Annually

Estimated Total Reporting/

Recordkeeping Burden: 1,247,185

hours

OMB Number: 1545–1020

Form Number: IRS Form 1041–T

Type of Review: Extension

Title: Allocation of Estimated Tax

Payments to Beneficiaries

Description: This form was developed to

allow a trustee of a trust or an

executor of an estate to make an

election under Internal Revenue Code

(IRC) Section 643(g) to allocate any

payment of estimated tax to a

beneficiary(ies). This form serves as a

transmittal so that Service Center

personnel can determine the correct

amounts that are to be transferred

from the fiduciary’s account to the

individual’s account.

Respondents: Business or other forprofit

Estimated Number of Respondents/

Recordkeepers: 1,000

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—20 min.

Learning about the law or the form—

4 min.

Preparing the form—21 min.

Copying, assembling, and sending the

form to the IRS—17 min.

Frequency of Response: Annually, Other

Estimated Total Reporting/

Recordkeeping Burden: 1,030 hours

Clearance Officer: Garrick Shear, (202)

622–3869, Internal Revenue Service,

Room 5571, 1111 Constitution

Avenue, N.W., Washington, DC 20224

OMB Reviewer: Milo Sunderhauf, (202)

395–7340, Office of Management and

Budget, Room 10226, New Executive

Office Building, Washington, DC

20503

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 95–11737 Filed 5–11–95; 8:45 am]

BILLING CODE 4830–01–P

[Treasury Order Number 101–05]

Reporting Relationships and

Supervision of Officials Offices and

Bureaus, Delegation of Certain

Authority, and Order of Succession in

the Department of the Treasury

Dated: May 4, 1995.

By virtue of the authority vested in

the Secretary of the Treasury, including

the authority vested by 31 U.S.C. 321(b),

and Executive Order 11822, dated

December 10, 1974, it is ordered that:

1. The Deputy Secretary shall report

directly to the Secretary.

2. The Chief of Staff shall report

directly to the Secretary and shall

exercise supervision over the Director,

Secretary’s Scheduling Office, and the

Executive Secretary.

3. The Executive Secretary shall

report directly to the Chief of Staff and

shall exercise supervision over the

functions of the Executive Secretariat;

the Office of Public Correspondence;

and, for purposes of administrative and

managerial control, over the Special

Assistant to the Secretary (National

Security). The Office of Operations,

which reported to the Deputy Executive

Secretary (Public Liaison), will be

retitled Office of Public Correspondence

and will report through the Executive

Secretariat Review Officer to the

Executive Secretary. The Special

Assistant to the Secretary (National

Security) shall report to the Secretary

and the Deputy Secretary.

4. The following officials shall report

through the Deputy Secretary to the

Secretary and shall exercise supervision

over those officers and organizational

entities set forth on the attached

organizational chart:

Under Secretary (International Affairs)

Under Secretary (Domestic Finance)

Under Secretary (Enforcement)

General Counsel

Assistant Secretary (Economic Policy)

Assistant Secretary (Legislative Affairs

and Public Liaison)

Assistant Secretary (Management)

Assistant Secretary (Public Affairs)

Assistant Secretary (Tax Policy)

Inspector General

Commissioner of Internal Revenue

Comptroller of the Currency

Director, Office of Thrift Supervision

5. The Assistant Secretary

(Management) serves as the

Department’s Chief Financial Officer

pursuant to the Chief Financial Officers

Act of 1990, Public Law 101–576.

6. The Deputy Secretary is authorized,

in that official’s own capacity and that

official’s own title, to perform any

functions the Secretary is authorized to

perform and shall be responsible for

referring to the Secretary any matter on

which action would appropriately be

taken by the Secretary.

7. The Under Secretaries, the General

Counsel, and the Assistant Secretaries

are authorized to perform any functions

the Secretary is authorized to perform.

Each of these officials will ordinarily

perform under this authority only

functions which arise out of, relate to,

or concern the activities or functions of,

or the laws administered by or relating

to, the bureaus, offices, or other

organizational units over which the

incumbent has supervision. Each of

these officials shall perform under this

authority in the official’s own capacity

and the official’s own title and shall be

responsible for referring to the Secretary

any matter on which action would

appropriately be taken by the Secretary.

Any action heretofore taken by the

Deputy Secretary or any of these

officials in the incumbent’s own title is

hereby affirmed and ratified as the

action of the Secretary.

8. The following officials shall, in the

order of succession indicated, act as

Secretary of the Treasury in case of the

death, resignation, absence or sickness

of the Secretary and other officers

succeeding the incumbent, until a

successor is appointed, or until the

absence or sickness shall cease:

a. Deputy Secretary;
25764 Federal Register / Vol. 60, No. 92 / Friday, May 12, 1995 / Notices

b. The following individuals, in the

order of the date on which they were

first appointed to a position within the

Department requiring appointment by

the President by and with the advice

and consent of the Senate:

• Under Secretary (International

Affairs);

• Under Secretary (Domestic

Finance); and

• Under Secretary (Enforcement);

• General Counsel; and

• Assistant Secretaries, appointed by

the President with Senate confirmation,

in the order designated by the Secretary.

9. To the extent that any provision of

any other Order of the Department is

inconsistent with any provision of this

Order, the provisions of this Order shall

govern.

10. Cancellation. Treasury Order 101–

05, ‘‘Reporting Relationships and

Supervision of Officials, Offices and

Bureaus, Delegation of Certain

Authority, and Order of Succession in

the Department of the Treasury,’’ dated

May 11, 1994, is superseded as of this

date.

Robert E. Rubin,

Secretary of the Treasury.

Attachment

BILLING CODE: 4810–25–P
Federal Register / Vol. 60, No. 92 / Friday, May 12, 1995 / Notices 25765

[FR Doc. 95–11735 Filed 5–11–95; 8:45 am]

BILLING CODE 4810–25–C