27862 Federal Register / Vol. 74, No. 111 / Thursday, June 11, 2009 / Notices 

Departmental Offices within the 

Department of the Treasury are 

soliciting comments concerning the 

Monthly Lending Report. 

DATES: Written comments should be 

received on or before August 10, 2009 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Department of the Treasury, David 

Eagles, 1500 Pennsylvania Avenue, 

Washington, DC 20220. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form(s) and instructions 

should be directed as above. 

SUPPLEMENTARY INFORMATION: 

Title: Monthly Lending Report. 

OMB Number: 1505–0214. 

Abstract: Authorized under the 

Emergency Economic Stabilization Act 

(EESA) of 2008 (Pub. L. 110–343), the 

Department of the Treasury has 

implemented several aspects of the 

Troubled Asset Relief Program. Among 

these components is a voluntary Capital 

Purchase Program (CPP) under which 

the Department may purchase 

qualifying capital in U.S. banking 

organizations. The Treasury has so far 

invested capital through this program in 

almost 600 financial institutions. As 

part of the Capital Purchase Program, 

Treasury would like to gauge whether 

the capital injections made through the 

CPP are having the desired effect of 

ensuring liquidity within the banking 

system and thereby increasing lending 

activity. To gauge this, Treasury would 

like to monitor the lending activity of all 

CPP participants. The Treasury will be 

conducting evaluations using quarterly 

Call Report data supplied by these 

financial institutions to their primary 

regulator. However, in order to have a 

more frequent and timely snapshot of 

the current lending environment, 

Treasury is requesting the ability to 

conduct a monthly survey of all 

participants in the CPP in order to 

supplement the quarterly analysis. 

Current Actions: Continuation of 

survey. 

Type of Review: Extension. 

Affected Public: Financial 

Institutions. 

Estimated Number of Respondents: 

700. 

Estimated Total Annual Burden 

Hours: 5,600. 

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. 

Robert Dahl, 

Treasury PRA Clearance Officer. 

[FR Doc. E9–13667 Filed 6–10–09; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8874 

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 

8874, New Markets Credit. 

DATES: Written comments should be 

received on or before August 10, 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 form and instructions 

should be directed to Carolyn N. Brown, 

(202) 622–6688, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: New Markets Credit. 

OMB Number: 1545–1804. 

Form Number: Form 8874. 

Abstract: Investors use Form 8874 to 

claim a credit for equity investments 

made in Qualified Community 

Development Entities. 

Current Actions: Due to the revision 

of Form 8874, 16 line items were 

deleted. Also, in order to accommodate 

the business filers, the responses were 

decreased by 3,334 making a total of 

6,666 responses. These changes resulted 

in an overall decrease of burden hours 

to 32,464. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Individuals or 

households, and business or other forprofit organizations. 

Estimated Number of Responses: 

6,666. 

Estimated Time per Respondent: 4 

hours, 52 minutes. 

Estimated Total Annual Burden 

Hours: 32,464. 

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 29, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–13653 Filed 6–10–09; 8:45 am] 

BILLING CODE 4830–01–P 


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