[Federal Register Volume 65, Number 77 (Thursday, April 20, 2000)]
[Notices]
[Pages 21235-21236]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-9873]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

April 13, 2000.
    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, Public Law 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 22, 2000 to 
be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1605.
    Revenue Ruling Number: Revenue Ruling 2000-8.
    Type of Review: Extension.
    Title: Negative Elections in Section 401(k) Plans.
    Description: Revenue Ruling 2000-8 describes certain criteria that 
must be met before an employee's compensation can be reduced and 
contributed to an employer's section 401(k) plan in the absence of an 
affirmative election by the employee.
    Estimated Number of Respondents: 1,500.
    Estimated Burden Hours Per Respondent: 1 hour, 10 minutes.
    Frequency of Response: On occasion, Annually.
    Estimated Total Reporting Burden: 1,750 hours.

    OMB Number: 1545-1673.
    Revenue Procedure Number: Revenue Procedure 2000-16.
    Type of Review: Extension.
    Title: Employee Plans Compliance Resolution System.
    Description: The information requested in this revenue procedure is 
required to enable the Commissioner, Tax Exempt and Government Entities 
Division of the Internal Revenue Service to make determinations on the 
issuance of various types of closing agreements and compliance 
statements. The issuance of these agreements and statements allows 
individual plans to maintain their tax-qualified status. As a result, 
the favorable tax treatment of the benefits of the eligible employees 
is retained.
    Estimated Number of Respondents/Recordkeepers: 4,242.
    Estimated Burden Hours Per Respondent/Recordkeeper: 14 hours, 32 
minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 61,697 hours.

    OMB Number: 1545-1674.
    Revenue Procedure Number: Revenue Procedure 2000-20.
    Type of Review: Extension.
    Title: Master and Prototype Plans.
    Description: The master and prototype revenue procedure sets forth 
the procedures for sponsors of master and prototype pension, profit-
sharing and annuity plans to request an opinion letter from the 
Internal Revenue Service that the form of a master or prototype plan 
meets the requirements of section 40(a) of the Internal Revenue Code. 
The information requested in sections 5.14, 9.11, 12.02, 12.03, 15.02, 
17.02, 18.06, 19.02 and 19.09 of the master and prototype procedure is 
in addition to the information required to be submitted with Forms 4461 
(Application for Approval of Master or Prototype and Regional Prototype 
Defined Contribution Plan); 4461-A (Application for Approval of Master 
or Prototype and Regional Prototype Defined Benefit Plan); and 4461-B 
(Application for Approval of Master or Prototype Plan (Mass Submitter 
Adopting Sponsor)). The information is needed in order to enable the 
Employee Plans function of the Service's Tax Exempt and Government 
Entities Division to issue an opinion letter.
    Estimated Number of Respondents: 266,530.
    Estimated Burden Hours Per Respondent: 1 hour, 32 minutes.

[[Page 21236]]

    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 408,563 hours.
    Clearance Officer: Garrick Shear, Internal Revenue Service, Room 
5244, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of 
Management and Budget, Room 10202, New Executive Office Building, 
Washington, DC 20503.

Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 00-9873 Filed 4-19-00; 8:45 am]
BILLING CODE 4830-01-P