[Federal Register Volume 67, Number 240 (Friday, December 13, 2002)]
[Notices]
[Page 76775]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-31461]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 4, 2002.
    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 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before January 13, 
2003 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1505.
    Form Number: IRS Form 8820.
    Type of Review: Extension.
    Title: Orphan Drug Credit.
    Description: Filers use this form to elect to claim the orphan drug 
credit, which is 50% of the qualified clinical testing expenses paid or 
incurred with respect to low or unprofitable drugs for rare diseases 
and conditions, as designated under section 526 of the Federal Food, 
Drug, and Cosmetic Act.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 100.
    Estimated Burden Hours Per Respondent/Recordkeeper:

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Recordkeeping.........................  7 hr., 10 min.
Learning about the law or the form....  1 hr.
Preparing and sending the form to the   1 hr., 9 min.
 IRS.
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    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 932 hours.
    Clearance Officer: Glenn Kirkland (202) 622-3428, Internal Revenue 
Service, Room 6411-03, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Joseph F. Lackey, Jr. (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Mary A. Able,
Departmental Reports, Management Officer.
[FR Doc. 02-31461 Filed 12-12-02; 8:45 am]
BILLING CODE 4830-01-P