[Federal Register Volume 66, Number 72 (Friday, April 13, 2001)]
[Notices]
[Page 19293]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-9232]



[[Page 19293]]

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

DEPARTMENT OF THE TREASURY

Internal Revenue Service

[PS-73-89]


Proposed Collection; Comment Request For Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

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 an 
existing final regulation, PS-73-89 (T.D. 8370), Excise Tax on 
Chemicals That Deplete the Ozone Layer and on Products Containing Such 
Chemicals (Secs. 52.4682-1(b), 52.4682-2(b), 52.4682-2(d), 52.4682-
3(c), 52.4682-3(g), and 52.4682-4(f)).

DATES: Written comments should be received on or before June 12, 2001 
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 information collection should be directed to Larnice 
Mack, (202) 622-3179, Internal Revenue Service, room 5244, 1111 
Constitution Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:
    Title: Excise Tax on Chemicals That Deplete the Ozone Layer and on 
Products Containing Such Chemicals.
    OMB Number: 1545-1153.
    Regulation Project Number: PS-73-89.
    Abstract: This regulation imposes reporting and recordkeeping 
requirements necessary to implement Internal Revenue Code sections 4681 
and 4682 relating to the tax on chemicals that deplete the ozone layer 
and on products containing such chemicals. The regulation affects 
manufacturers and importers of ozone-depleting chemicals, manufacturers 
of rigid foam insulation, and importers of products containing or 
manufactured with ozone-depleting chemicals. In addition, the 
regulation affects persons, other than manufacturers and importers of 
ozone-depleting chemicals, holding such chemicals for sale or for use 
in further manufacture on January 1, 1990, and on subsequent tax-
increase dates.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents/Recordkeepers: 150,316.
    Estimated Time Per Respondent/Recordkeeper: 30 minutes.
    Estimated Total Annual Burden Hours: 75,142.
    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: April 5, 2001.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 01-9232 Filed 4-12-01; 8:45 am]
BILLING CODE 4830-01-P