Federal Register / Vol. 60, No. 72 / Friday, April 14, 1995 / Notices 19113

Secretary determines that taxable

chemicals constitute more than 50

percent of the weight, or more than 50

percent of the value, of the materials

used to produce the substance. This

determination is to be made on the basis

of the predominant method of

production. Notice 89–61, 1989–1 CB

717, sets forth the rules relating to the

determination process.

Determination

On March 31, 1995, the Secretary

determined that ethyl acetate should be

added to the list of taxable substances

in section 4672(a)(3), effective July 1,

1990.

The rate of tax prescribed for ethyl

acetate, under section 4671(b)(3), is

$4.39 per ton. This is based upon a

conversion factor for butane of 0.9032.

The petitioner is Hoechst Celanese, a

manufacturer and exporter of this

substance. No material comments were

received on this petition. The following

information is the basis for the

determination.

HTS number: 2915.31.00.00

CAS number: 141–78–6

Ethyl acetate is derived from the

taxable chemical butane. Ethyl acetate is

a liquid produced predominantly by

esterifying acetic acid with ethyl

alcohol. The acetic acid and the ethyl

alcohol are prepared as a co-product by

the oxidation of butane.

The stoichiometric material

consumption formula for ethyl acetate

is:

C4H10 (butane) + 1.5 O2 (oxygen) ——>

C4H8O2 (ethyl acetate) + H2O

(water)

Ethyl acetate has been determined to

be a taxable substance because a review

of its stoichiometric material

consumption formula shows that, based

on the predominant method of

production, taxable chemicals constitute

54.7 percent by weight of the materials

used in its production.

Dale D. Goode,

Federal Register Liaison Officer, Assistant

Chief Counsel (Corporate).

[FR Doc. 95–9287 Filed 4–13–95; 8:45 am]

BILLING CODE 4830–01–U

Tax on Certain Imported Substances

(Nylon 6/6); Notice of Determination

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Notice.

SUMMARY: This notice announces a

determination, under Notice 89–61, that

the list of taxable substances in section

4672(a)(3) will be modified to include

nylon 6/6.

EFFECTIVE DATE: This modification is

effective July 1, 1990.

FOR FURTHER INFORMATION CONTACT:

Tyrone J. Montague, Office of Assistant

Chief Counsel (Passthroughs and

Special Industries), (202) 622–3130 (not

a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

Under section 4672(a), an importer or

exporter of any substance may request

that the Secretary determine whether

that substance should be listed as a

taxable substance. The Secretary shall

add the substance to the list of taxable

substances in section 4672(a)(3) if the

Secretary determines that taxable

chemicals constitute more than 50

percent of the weight, or more than 50

percent of the value, of the materials

used to produce the substance. This

determination is to be made on the basis

of the predominant method of

production. Notice 89–61, 1989–1 CB

717, sets forth the rules relating to the

determination process.

Determination

The petitioner is Monsanto Company,

a manufacturer and exporter of this

substance. Written comments were

received on this petition.

On March 31, 1995, the Secretary

determined that nylon 6/6 should be

added to the list of taxable substances

in section 4672(a)(3), effective July 1,

1990.

The rate of tax prescribed for nylon

6/6, under section 4671(b)(3), is $5.65

per ton. This is based upon a conversion

factor for methane of 0.40, a conversion

factor for benzene of 0.47, a conversion

factor for nitric acid of 0.41, a

conversion factor for butadiene of 0.28,

and a conversion factor for ammonia of

0.20.

The following information is the basis

for the determination.

HTS number: 3908.10.00.00

CAS number: 52349–42–5

Nylon 6/6 is derived from the taxable

chemicals methane, benzene, nitric

acid, ammonia, and butadiene. Nylon

6/6 is a powdered solid produced

predominantly by the reaction of adipic

acid with hexamethylene diamine. The

adipic acid is derived from benzene via

hydrogenation to cyclohexane, which is

oxidized using air and nitric acid in a

two-step process. The hexamethylene

diamine is made by the reaction of

butadiene with hydrogen cyanide

(derived from ammonia and from

methane in natural gas).

The stoichiometric material

consumption formula for nylon 6/6 is:

9 CH4 (methane) + 10 H2O (water) + 2

C6H6 (benzene) + 4.66 HNO3 (nitric

acid) + 4 NH3 (ammonia) + 6 O2

(oxygen) + 2 C4H6 (butadiene) ——>

2 (C12H22N2O2)n (nylon 6/6)

Nylon 6/6 has been determined to be

a taxable substance because a review of

its stoichiometric material consumption

formula shows that, based on the

predominant method of production,

taxable chemicals constitute 67.4

percent by weight of the materials used

in its production.

Dale D. Goode,

Federal Register Liaison Officer, Assistant

Chief Counsel (Corporate).

[FR Doc. 95–9288 Filed 4–13–95; 8:45 am]

BILLING CODE 4830–01–U

Office of Thrift Supervision

Public Information Collection

Requirements Submitted to OMB for

Review

April 10, 1995.

The Office of Thrift Supervision

(OTS) has submitted the following

public information collection

requirement(s) to OMB for review and

clearance under the Paperwork

Reduction Act of 1980, Public Law 96–

11. Copies of the submission(s) may be

obtained by calling the OTS Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the OTS Clearance Officer, Office

of Thrift Supervision, 1700 G Street,

N.W., Washington, D.C. 20552.

OMB Number: 1550–0033.

Form Number: OTS Form 1559.

Type of Review: Extension.

Title: Notice for Establishment of a

Finance Subsidiary.

Description: 12 CFR 545.82 requires

Federal Savings associations to notify

OTS and the Federal Deposit Insurance

Corporation not less than 30 days before

the commencement of the activities of

the finance subsidiary and to notify the

OTS prior to the transfer of any

additional assets to an existing finance

subsidiary.

Respondents: Savings and Loan

Associations and Savings Banks.

Estimated Number of Respondents: 1.

Estimated Burden Hours Per

Respondent: 32 Hrs. Avg.

Frequency of Response: On occasion.

Estimated Total Recordkeeping

Burden: 32 Hrs.

Clearance Officer: Colleen M. Devine,

(202) 906–6025, Office of Thrift

Supervision, 1700 G Street, N.W.,

Washington, D.C. 20552.

OMB Reviewer: Milo Sunderhauf,

(202) 395–7340, Office of Management
19114 Federal Register / Vol. 60, No. 72 / Friday, April 14, 1995 / Notices

and Budget, Room 10226, New

Executive Office Building, Washington,

D.C. 20503.

Cora Prifold Beebe,

Director of Administration.

[FR Doc. 95–9253 Filed 4–13–95; 8:45 am]

BILLING CODE 6720–01–P

DEPARTMENT OF VETERANS

AFFAIRS

Information Collections Under OMB

Review

AGENCY: Department of Veterans Affairs.

ACTION: Notice.

The Department of Veterans Affairs

has submitted to OMB the following

proposals for the collection of

information under the provisions of the

Paperwork Reduction Act (44 U.S.C.

Chapter 35). This document lists the

type of information collection and the

following: (1) The title of the

information collection, and the

Department form number(s), if

applicable; (2) a description of the need

and its use; (3) who will be required or

asked to respond; (4) an estimate of the

total annual reporting hours, and

recordkeeping burden, if applicable; (5)

the estimated average burden hours per

respondent; (6) the frequency of

response; and (7) an estimated number

of respondents.

ADDRESSES: Copies of the proposed

information collections and supporting

documents may be obtained from Trish

Fineran, Veterans Benefits

Administration (20M30), Department of

Veterans Affairs, 810 Vermont Avenue,

NW., Washington, DC 20420, (202) 273–

6886.

Comments and questions about the

items on the list should be directed to

VA’s OMB Desk Officer, Joseph Lackey,

NEOB, Room 10102, Washington, DC

20503, (202) 395–7316. Do not send

requests for benefits to this address.

DATES: Comments on the information

collections should be directed to the

OMB Desk Officer on or before May 15,

1995.

Dated: April 6, 1995.

By direction of the Secretary:

Donald L. Neilson,

Director, Information Management Service.

Extension

1. Offer to Rent on Month-to-Month

Basis and Credit Statement of

Prospective Tenant, VA Form 26–6725.

2. The form is completed by

prospective tenants of properties owned

by VA and serves as the rental offer and

credit statement. The information

collected provides the basis for

acceptance or rejection of offers to rent.

3. Individuals or households—

Business or other for-profit.

4. 33 hours.

5. 20 minutes.

6. On occasion.

7. 100 respondents.

Reinstatement

1. Application for Cash Surrender or

Policy Loan, VA Form 29–1546.

2. The form is used by the insured to

apply for cash surrender value or policy

loan on his/her insurance. The

information is used by VA to initiate the

processing of the insured’s request for a

policy loan or cash surrender.

3. Individuals or households.

4. 4,939 hours.

5. 10 minutes.

6. On occasion.

7. 29,636 respondents.

Reinstatement

1. Disability Benefits Questionnaire,

VA Forms 29–8313 and 29–8313–1.

2. The forms are used by the

policyholder to report conditions

needed to continue disability insurance

benefits. The information is used by VA

to determine the insured’s continuous

entitlement to disability insurance

benefits.

3. Individuals and households.

4. 15,000 hours.

5. 15 minutes.

6. On occasion.

7. 60,000 respondents.

[FR Doc. 95–9223 Filed 4–13–95; 8:45 am]

BILLING CODE 8320–01–P