[Federal Register Volume 59, Number 44 (Monday, March 7, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-5082]


[[Page Unknown]]

[Federal Register: March 7, 1994]


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DEPARTMENT OF THE TREASURY
 

Public Information Collection Requirements Submitted to OMB for 
Review

February 28, 1994.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1980, Public Law 96-511. 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 
2110, 1425 New York Avenue, NW., Washington, DC 20220.

Internal Revenue Service

    OMB Number: 1545-1029.
    Form Number: IRS Form 8693.
    Type of Review: Reinstatement.
    Title: Low-Income Housing Credit Disposition Bond.
    Description: Form 8693, Low-Income Housing Credit Disposition Bond, 
is needed per Internal Revenue Code (IRC) section 42(j)(6) to post bond 
and waive the recapture requirement under section 42(j) for certain 
dispositions of a building on which the low-income housing credit was 
claimed. Internal Revenue regulations section 301.7101-1 requires that 
the posting of a bond must be done on the appropriate form as 
determined by the Internal Revenue Service.
    Respondents: Individuals or households, Businesses or other for-
profit, Small businesses or organizations.
    Estimated Number of Respondents/Recordkeepers: 1,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:
    Recordkeeping: 13 minutes.
    Learning about the law or the form: 13 minutes.
    Preparing, copying, assembling and sending the form to the IRS: 40 
minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 1,100 hours.

    OMB Number: 1545-1233.
    Regulation ID Number: IA-14-91 Final.
    Type of Review: Extension.
    Title: Adjusted Current Earnings.
    Description: This regulation affects business and other for-profit 
institutions. This information required by the IRS to ensure the proper 
application of 1.56(g)-1 of the regulation. It will be used to verify 
that taxpayers have properly elected the benefits of Sec. 1.56(g)-1(r) 
of the regulations.
    Respondents: Businesses or other for-profit.
    Estimated Number of Respondents: 1,000.
    Estimated Burden Hours Per Respondent: 1 hour.
    Frequency of Response: Other (once only).
    Estimated Total Reporting Burden: 1,000 hours.
    Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, room 5571, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Milo Sunderhauf (202) 395-6880, Office of Management 
and Budget, room 3001, New Executive Office Building, Washington, DC 
20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 94-5082 Filed 3-4-94; 8:45 am]
BILLING CODE 4830-01-M