25802 Federal Register / Vol. 74, No. 102 / Friday, May 29, 2009 / Notices 

of publication of this notice. Copies of 

the submission(s) may be obtained by 

calling the Treasury Bureau Clearance 

Officer listed. Comments regarding this 

information collection should be 

addressed to the OMB reviewer listed 

and to the Treasury Department 

Clearance Officer, Department of the 

Treasury, Room 11020, 1750 

Pennsylvania Avenue, NW., 

Washington, DC 20220. 

DATES: Written comments should be 

received on or before June 29, 2009 to 

be assured of consideration. 

Office of the Procurement Executive 

OMB Number: 1505–0208. 

Type of Review: New collection. 

Title: Terrorism Risk Insurance 

Program Cap on Annual Liability. 

Description: Section 103 of the 

Terrorism Risk Insurance Act of 2002 

(the Act), as amended by the 

Reauthorization Act, sets a limit on the 

annual liability for insured losses at 

$100 billion. This section requires the 

Secretary of the Treasury to notify 

Congress not later than 15 days after the 

date of an act of terrorism as to whether 

aggregate insured losses are estimated to 

exceed the cap. The Act, as amended, 

also requires the Secretary to determine 

the pro rata share of insured losses 

under the Program when insured losses 

exceed the cap, and to issue regulations 

for carrying this out. In order to meet 

these requirements, Treasury may need 

to obtain loss information from involved 

insurers. This would be accomplished 

by the issuance of a ‘‘data call’’ to 

ascertain insurer losses. In the event of 

the imposition on insurers of a ‘‘pro rata 

loss percentage’’, it will be necessary to 

determine compliance when processing 

insurer claims for payment of the 

Federal share of compensation. This 

would be accomplished by nominal 

revision to the currently approved 

Treasury form TRIP 02C, ‘‘Bordereau’’ 

or ‘‘Schedule C’’. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Reporting Burden: 

1,000 hours. 

Clearance Officer: Sally Clary, Senior 

Insurance Analyst, Department of the 

Treasury, 1500 Pennsylvania Avenue, 

NW., Washington, DC 20220. 

OMB Reviewer: OIRA Desk Officer, 

Office of Management and Budget, 

Room 10235, New Executive Office 

Building, Washington, DC 20503, 

oira_submission@omb.eop.gov. 

Robert Dahl, 

Treasury PRA Clearance Officer. 

[FR Doc. E9–12533 Filed 5–28–09; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

May 22, 2009. 

The Department of the Treasury will 

submit the following public information 

collection requirement(s) to OMB for 

review and clearance under the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 on or after the date 

of publication of this notice. Copies of 

the submission(s) may be obtained by 

calling the Treasury Bureau Clearance 

Officer listed. Comments regarding this 

information collection should be 

addressed to the OMB reviewer listed 

and to the Treasury Department 

Clearance Officer, Department of the 

Treasury, Room 11000, and 1750 

Pennsylvania Avenue, NW., 

Washington, DC 20220. 

DATES: Written comments should be 

received on or before June 29, 2009, to 

be assured of consideration. 

Internal Revenue Service (IRS) 

OMB Number: 1545–2127. 

Type of Review: Extension. 

Form: 8926. 

Title: Disqualified Corporate Interest 

Expense Disallowed Under Section 

163(j) and Related Information. 

Description: Pursuant to 

Congressional direction to determine 

whether the earnings stripping 

limitation rule of Code Section 163(j) 

was effective in curbing the erosion of 

the U.S. tax base, CC:INTL, LMSB, and 

the Treasury sought to create new Form 

8926, Disqualified Corporate Interest 

Expense Disallowed Under Section 

163(j) and Related Information. The new 

form is based on Code section 163(j) and 

the related proposed regulations. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 

7,560,000 hours. 

OMB Number: 1545–2126. 

Type of Review: Extension. 

Form: 8932. 

Title: Form 8932—Credit for 

Employer Differential Wage Payments. 

Description: Qualified employers will 

file Form 8932 to claim the credit for 

qualified differential wage payments 

paid to qualified employees after June 

17, 2008, and before January 1, 2010. 

Authorized under I.R.C. section 45P. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 62,456 

hours. 

Clearance Officer: R. Joseph Durbala 

(202) 622–3634, Internal Revenue 

Service, Room 6516, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

OMB Reviewer: Shagufta Ahmed (202) 

395–7873, Office of Management and 

Budget, Room 10235, New Executive 

Office Building, Washington, DC 20503. 

Celina Elphage, 

Treasury PRA Clearance Officer. 

[FR Doc. E9–12536 Filed 5–28–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–208172–91] 

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–208172– 

91 [TD 8787], Basis Reduction Due to 

Discharge of Indebtedness, (Sections 

1.108–4, and 1.1017–1). 

DATES: Written comments should be 

received on or before May 30, 2006 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 

regulations should be directed to Allan 

Hopkins, at (202) 622–6665, or at 

Internal Revenue Service, room 6129, 

1111 Constitution Avenue NW., 

Washington, DC 20224, or through the 

Internet, at Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Basis Reduction Due to 

Discharge of Indebtedness. 

OMB Number: 1545–1539. 

Regulation Project Number: REG– 

208172–91. 

Abstract: This regulation provides 

ordering rules for the reduction of bases 

of property under Internal Revenue 

Code sections 108 and 1017. The 

regulation affects taxpayers that exclude 

discharge of indebtedness from gross 

income under Code section 108. The 

collection of information is required for 

mstockstill on PROD1PC66 with NOTICES

Federal Register / Vol. 74, No. 102 / Friday, May 29, 2009 / Notices 25803 

a taxpayer to elect to reduce the 

adjusted bases of depreciable property 

under section 108(b)(5), to elect to treat 

section 1221(l) real property as either 

depreciable property or depreciable real 

property, and to account for a 

partnership interest as either 

depreciable property or depreciable real 

property. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households, and business or other forprofit organizations. 

Estimated Number of Responses: 

10,000. 

Estimated Time Per Response: 1 hour. 

Estimated Total Annual Burden 

Hours: 10,000. 

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 

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 21, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–12454 Filed 5–28–09; 8:45 am] 

BILLING CODE; P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[CO–8–91] 

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, CO–8–91 (TD 

8643), Distributions of Stock and Stock 

Rights (Section 1.305–5(b)(5)). 

DATES: Written comments should be 

received on or before July 28, 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 Allan Hopkins, at (202) 622– 

6665, or at Internal Revenue Service, 

room 6129, 1111 Constitution Avenue, 

NW., Washington, DC 20224, or through 

the Internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Distributions of Stock and Stock 

Rights. 

OMB Number: 1545–1438. 

Regulation Project Number: CO–8–91. 

Abstract: The requested information 

is required to notify the Service that a 

holder of preferred stock callable at a 

premium by the issuer has made a 

determination regarding the likelihood 

of exercise of the right to call that is 

different from the issuer’s 

determination. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households, and business or other forprofit organizations. 

Estimated Number of Respondents: 

2,000. 

Estimated Time per Respondent: 10 

minutes. 

Estimated Total Annual Burden 

Hours: 333. 

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 18, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–12455 Filed 5–28–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[LR–27–83; LR–54–85] 

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 

mstockstill on PROD1PC66 with NOTICES