Federal Register / Vol. 75, No. 105 / Wednesday, June 2, 2010 / Notices 30907 

Approved: May 25, 2010. 

Gerald Shields, 

IRS Reports Clearance Officer. 

[FR Doc. 2010–13239 Filed 6–1–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 2004– 

19 

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 Revenue 

Procedure 2004–19, Probable or 

Prospective Reserves Safe Harbor. 

DATES: Written comments should be 

received on or before August 2, 2010 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Gerald Shields, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the revenue procedure should 

be directed to Elaine Christophe, (202) 

622–3179, or at Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet, at 

Elaine.H.Christophe@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Probable or Prospective 

Reserves Safe Harbor. 

OMB Number: 1545–1861. 

Revenue Procedure Number: Revenue 

Procedure 2004–19. 

Abstract: Revenue Procedure 2004–19 

requires a taxpayer to file an election 

statement with the Service if the 

taxpayer wants to use the safe harbor to 

estimate the taxpayers’ oil and gas 

properties’ probable or prospective 

reserves for purposes of computing cost 

depletion under § 611 of the Internal 

Revenue Code. 

Current Actions: There are no changes 

being made to the revenue procedure at 

this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

100. 

Estimated Annual Average Time per 

Respondent: 30 minutes. 

Estimated Total Annual Hours: 50. 

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: May 25, 2010. 

Gerald Shields, 

IRS Reports Clearance Officer. 

[FR Doc. 2010–13237 Filed 6–1–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 990–N 

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 990–N, 

Electronic Notice (e-Postcard) for TaxExempt Organizations not Required To 

file Form 990 or 990–EZ. 

DATES: Written comments should be 

received on or before August 2, 2010 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Gerald Shields, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the forms and instructions 

should be directed to Elaine Christophe, 

(202) 622–3179, or at Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet, at 

Elaine.H.Christophe@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Electronic Notice (e-Postcard) 

for Tax-Exempt Organizations not 

Required To file Form 990 or 990–EZ. 

OMB Number: 1545–2085. 

Form Number: 990–N. 

Abstract: Section 1223 of the Pension 

Protection Act of 2006 (PPA ’06), 

enacted on August 17, 2006, amended 

Internal Revenue Code (Code) section 

6033 by adding Code section 6033(i), 

which requires certain tax-exempt 

organizations to file an annual 

electronic notice (Form 990–N) for tax 

years beginning after December 31, 

2006. These organizations are not 

required to file Form 990 (or Form 990– 

EZ) because their gross receipts are 

normally $25,000 or less. 

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: Not-for-profit 

institutions. 

Estimated Number of Respondents: 

520,000. 

Estimated Time per Respondent: 15 

min. 

Estimated Total Annual Burden 

Hours: 130,000. 

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 


sroberts on DSKD5P82C1PROD with NOTICES
30908 Federal Register / Vol. 75, No. 105 / Wednesday, June 2, 2010 / Notices 

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: May 25, 2010. 

Gerald Shields, 

IRS Reports Clearance Officer. 

[FR Doc. 2010–13235 Filed 6–1–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Notice of Funds Availability for FY 

2010 

Funding Opportunity Title: Notice of 

Funds Availability (NOFA) inviting 

applications for the FY 2010 funding 

round of the Financial Education and 

Counseling (FEC) Pilot Program. 

Announcement Type: Announcement 

of funding opportunity. 

Catalog of Federal Domestic 

Assistance (CFDA) Number: 21.010. 

DATES: Applications for financial 

assistance through the FY 2010 funding 

round of FEC Pilot Program must be 

received by 11:59 p.m. Eastern Time 

(ET), July 8, 2010. Applications received 

after the applicable deadline will be 

rejected. 

Executive Summary: This NOFA is 

issued in connection with the FY 2010 

funding round of the FEC Pilot Program. 

Through the FEC Pilot Program, the 

Community Development Financial 

Institutions (CDFI) Fund awards grants 

to Eligible Organizations to provide a 

range of Financial Education and 

Counseling Services to Prospective 

Homebuyers. The goals of grants that are 

awarded through the FEC Pilot Program 

are to identify successful methods of 

Financial Education and Counseling 

Services that result in Positive 

Behavioral Change for financial 

empowerment, and to establish program 

models for organizations to implement 

measurably effective Financial 

Education and Counseling Services to 

Prospective Homebuyers. 

I. Funding Opportunity Description 

A. Through the FEC Pilot Program, 

authorized pursuant to section 1132 of 

the Housing and Economic Recovery 

Act of 2008 (Pub. L. 110–289), the CDFI 

Fund provides financial assistance 

awards to Eligible Organizations to 

provide a range of Financial Education 

and Counseling Services to Prospective 

Homebuyers. 

B. Definitions: For the purposes of 

this NOFA, the following terms shall 

have the following definitions: 

1. Act means section 1132(c) of the 

Housing and Economic Recovery Act of 

2008 (Pub. L. 110–289). 

2. Affiliate means any company or 

entity that Controls, is Controlled by, or 

is under common Control with another 

company. 

3. Applicant means any Eligible 

Organization. 

4. Application means the CDFI Fund’s 

funding application form, including any 

written or verbal information in 

connection therewith and any 

attachments, appendices and/or written 

or verbal supplements thereto, 

submitted by the Awardee to the CDFI 

Fund in response to this NOFA. 

5. Assistance Agreement means the 

formal agreement between the CDFI 

Fund and an Awardee that includes the 

terms and conditions of the FEC Pilot 

Program award. 

6. Awardee means an Applicant 

selected by the CDFI Fund to receive an 

FEC Pilot Program grant. 

7. Collaborative Effort means a joint 

effort by two or more Eligible 

Organizations to carry out Financial 

Education and Counseling Services to 

Prospective Homebuyers, as described 

in the Application and as evidenced by 

a written agreement among the entities 

for the Performance Period. The 

Collaborative Effort must designate the 

entity that will serve as the primary FEC 

Pilot Program point of contact for the 

CDFI Fund, and that will serve as 

signatory to the Assistance Agreement, 

receive and allocate award 

disbursements, and report on behalf of 

the collaborative. 

8. Community Development Financial 

Institution (or CDFI) means an entity 

certified as a CDFI by the CDFI Fund 

pursuant to the CDFI Program 

regulations set forth at 12 CFR 1805.201. 

9. Control means: (i) Ownership, 

control, or power to vote 25 percent or 

more of the outstanding shares of any 

class of voting securities of any 

company, directly or indirectly or acting 

through one or more other persons; (ii) 

control in any manner over the election 

of a majority of the directors, trustees, 

or general partners (or individuals 

exercising similar functions) of any 

company; or (iii) the power to exercise, 

directly or indirectly, a controlling 

influence over the management, credit 

or investment decisions, or policies of 

any company. 

10. Credit Union means any credit 

union that is: (i) Regulated by, and/or 

the member accounts of which are 

insured by, a State agency or 

instrumentality; or (ii) a cooperative 

association organized in accordance 

with provisions of the Federal Credit 

Union Act, chapter 14 of title 12 of the 

United States Code (12 U.S.C. 1751). 

11. Eligible Organization means an 

entity that: (i) Is certified by the 

Department of Housing and Urban 

Development (HUD) as Housing 

Counseling Agencies, in accordance 

with section 106(e)(1) of the Housing 

and Urban Development Act of 1968, 

(12 U.S.C. 1701x(e)), or is certified by 

the Office of Financial Education (OFE) 

of the Department of the Treasury, in 

accordance with section 1132(c)(2) of 

the Act; (ii) meets the criteria in Section 

III.A.1–2 of this NOFA; and (iii) meets 

the minimum threshold requirements, 

as specified in Section III.A.4. of this 

NOFA, necessary to demonstrate that it 

has the experience and ability to 

provide Financial Education and 

Counseling Services to Prospective 

Homebuyers that result in documented 

Positive Behavioral Changes. 

12. Financial Education and 

Counseling Pilot Program (or FEC Pilot 

Program) means the program created 

pursuant to the Act, as implemented 

through this NOFA. 

13. Financial Education and 

Counseling Services means activities 

that increase the financial knowledge 

and decision-making capabilities of 

Prospective Homebuyers. Such 

education and counseling services shall 

prepare or assist Prospective 

Homebuyers to develop monthly 

budgets, build personal savings, finance 

or plan for major purchases, reduce 

personal debt, improve financial 

stability, and set and reach financial 


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