[Federal Register Volume 65, Number 13 (Thursday, January 20, 2000)]
[Notices]
[Pages 3270-3271]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-1383]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Notice 2000-3

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 Notice 2000-3, 
Guidance on Cash or Deferred Arrangements.

DATES:  Written comments should be received on or before March 20, 2000 
to be assured of consideration.

ADDRESSES:  Direct all written comments to Garrick R. Shear, Internal 
Revenue Service, room 5244, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT:  Requests for additional information 
or copies of the notice should be directed to Carol Savage, (202) 622-
3945, Internal Revenue Service, room 5242, 1111 Constitution Avenue 
NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:
     Title: Guidance on Cash or Deferred Arrangements.
    OMB Number: 1545-1669.
    Notice Number: Notice 2000-3.
    Abstract: Notice 2000-3 provides guidance to employers maintaining, 
or who are contemplating establishing, cash or deferred arrangements 
(CODAs) for their employees. It permits some degree of flexibility in 
using the safe harbor methods, described in sections 401(k)(12) and 
401(m)(11) of the Internal Revenue Code, to satisfy the 
nondiscrimination tests normally applicable to CODAs. To take advantage 
of this flexibility, employers must amend their CODAs accordingly and 
provide employees written notices of

[[Page 3271]]

the benefits available to them under the CODA.
    Current Actions: There are no changes being made to the notice at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, and 
not-for-profit institutions.
    Estimated Number of Respondents: 6,000.
    Estimated Time Per Respondent: 1 hour, 20 minutes.
    Estimated Total Annual Burden Hours: 8,000.
    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: January 11, 2000.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 00-1383 Filed 1-19-00; 8:45 am]
BILLIING CODE 4830-01-U