[Federal Register Volume 66, Number 97 (Friday, May 18, 2001)]
[Notices]
[Pages 27749-27750]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-12601]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 98-32

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 
Revenue Procedure 98-32, Electronic Federal Tax Payments System (EFTPS) 
Programs for Reporting Agents.

DATES: Written comments should be received on or before July 17, 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 revenue procedure should be directed to Carol Savage, 
(202) 622-3945, Internal Revenue Service, room 5242, 1111 Constitution 
Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:
    Title: Electronic Federal Tax Payment System (EFTPS) Programs for 
Reporting Agents.
    OMB Number: 1545-1601.

[[Page 27750]]

    Revenue Procedure Number: Revenue Procedure 98-32.
    Abstract: This revenue procedure provides information about the 
Electronic Federal Tax Payment System (EFTPS) programs for Batch Filers 
and Bulk Filers (Filers). EFTPS is an electronic remittance processing 
system for making federal tax deposits (FTDs) and federal tax payments 
(FTPs). The Batch Filer and Bulk Filer programs are used by Filers for 
electronically submitting enrollments, FTDs, and FTPs on behalf of 
multiple taxpayers.
    Current Actions: The number of Bulk and Batch filers participating 
in the EFTPS has increased due to two factors. First, the Service 
eliminated its magnetic tape program for the reporting of federal tax 
deposits and certain estimated income tax payments effective with 
respect to deposits or payments made after January 31, 2000. Secondly, 
the number of taxpayers required by the regulations issued under 
Sec. 6302(h) of the Code to make FTDs using EFTPS has increased.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 1,500.
    Estimated Time Per Respondent: 82 hours, 23 minutes.
    Estimated Total Annual Burden Hours: 123,567.
    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: May 11, 2001.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 01-12601 Filed 5-17-01; 8:45 am]
BILLING CODE 4830-01-P