[Federal Register Volume 61, Number 145 (Friday, July 26, 1996)]
[Notices]
[Pages 39182-39183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-18974]


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DEPARTMENT OF THE TREASURY

Proposed Collection; Comment Request for Form 10001

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 10001, Request for Closing Agreement Relating to Advance Refunding 
Issue Under Sections 148 and 7121 and Rev. Proc. 96-41.

DATES: Written comments should be received on or before September 24, 
1996 to be assured of consideration.

ADDRESSES: Direct all written comments to Garrick R. Shear, Internal 
Revenue Service, room 5571, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form(s) and instructions should be directed to Carol 
Savage, (202) 622-3945, Internal Revenue Service, room 5569, 1111 
Constitution Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

    Title: Request for Closing Agreement Relating to Advance Refunding 
Issue Under Sections 148 and 7121 and Rev. Proc. 96-41.
    OMB Number: 1545-1492.
    Form Number: Form 10001.
    Abstract: Form 10001 will be used in conjunction with a closing 
agreement program involving certain issuers of tax-exempt advance 
refunding bonds. A revenue procedure covering this voluntary compliance 
program will be issued concurrently with the issuance of the form.
    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: State, Local or Tribal Government, and not-for-
profit institutions.
    Estimated Number of Respondents: 100.
    Estimated Time Per Respondent: 3 hours.
    Estimated Total Annual Burden Hours: 300.
    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

[[Page 39183]]

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: July 19, 1996.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 96-18974 Filed 7-25-96; 8:45 am]
BILLING CODE 4830-01-U