[Federal Register Volume 63, Number 62 (Wednesday, April 1, 1998)]
[Notices]
[Page 15912]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-8476]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

March 26, 1998.
    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 1995, Pub. L. 104-13. 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.

DATES: Written comments should be received on or before May 1, 1998, to 
be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1563.
    Revenue Ruling Number: Revenue Ruling 98-1.
    Type of Review: Extension.
    Title: Limitations on Benefits and Contributions under Qualified 
Plans.
    Description: This revenue ruling provides guidance on the 
limitations on benefits and contributions under section 415 of the Code 
as amended by section 1449 of the Small Business Job Protection Act of 
1996, including various options an employer may elect when implementing 
the amendments.
    Respondents: Business or other for-profit, Not-for-profit 
institutions.
    Estimated Number of Respondents: 70,000.
    Estimated Burden Hours per Respondent: 30 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 35,000 hours.

    OMB Number: 1545-1578.
    Revenue Procedure Number: Revenue Procedure 98-13.
    Type of Review: Extension.
    Title: Election to Treat Certain Revocable Trusts as Part of an 
Estate.
    Description: The revenue procedure provides the procedure and 
requirements for making the section 646 election.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 10,000.
    Estimated Burden Hours per Respondent: 30 minutes.
    Frequency of Response: Other (twice in total).
    Estimated Total Reporting Burden: 5,000 hours.

    OMB Number: 1545-1585.
    Revenue Procedure Number: Revenue Procedure 98-15.
    Type of Review: Extension.
    Title: Reduced Interest Election for Deferred Estate Tax.
    Description: This revenue procedure provides procedures for making 
an election under section 503 of the Taxpayer Relief Act of 1997 to 
reduce the rate of interest on estate taxes deferred under section 6166 
of the Internal Revenue Code and to eliminate the deduction for 
interest paid on the deferred estate taxes.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 6,600.
    Estimated Burden Hours per Respondent: 30 minutes.
    Frequency of Response: Other (one-time).
    Estimated Total Reporting Burden: 3,300 hours.
    Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of 
Management and Budget, Room 10226, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 98-8476 Filed 3-31-98; 8:45 am]
BILLING CODE 4830-01-P