[Federal Register Volume 68, Number 123 (Thursday, June 26, 2003)]
[Notices]
[Pages 38109-38110]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-16119]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

June 17, 2003.
    The Department of the 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 July 28, 2003 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0162.
    Form Number: IRS Form 4136.
    Type of Review: Revision.
    Title: Credit for Federal Tax Paid on Fuel.
    Description: Internal Revenue Code section 34 allows a credit for 
Federal excise tax for certain fuel uses. This form is used to figure 
the amount of the income tax credit. The data is used to verify the 
validity of the claim for the type of nontaxable or exempt use.
    Respondents: Business or other for-profit, Individuals or 
households, Not-for-profit institutions, Farms.
    Estimated Number of Respondents/Recordkeepers: 1,828,759.
    Estimated Burden Hours Per Respondent/Recordkeeper:
Recordkeeping 19 hr.,--46 min.
Learning about the law or the form--6 min.
Preparing and sending the form to the IRS--20 min.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 5,806,890 hours.

    OMB Number: 1545-1541.
    Revenue Procedure Number: Revenue Procedure 97-27.
    Type of Review: Revision.
    Title: Changes in Methods of Accounting.
    Description: The information requested in sections 6, 8, and 13 of 
Revenue Procedure 97-27 is required in order for the Commissioner to 
determine whether the taxpayer is properly requesting to change its 
method of accounting and the terms and condition of that change.
    Respondents: Business or other for-profit, Individuals or 
households, Not-for-profit institutions, Farms.
    Estimated Number of Respondents: 3,000.
    Estimated Burden Hours Per Respondent: 3 hours, 1 minute.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 9,083 hours.

    OMB Number: 1545-1801.
    Revenue Procedure Number: Revenue Procedure 2002-67.
    Type of Review: Extension.
    Title: Settlement of Section 351 Contingent Liability Tax Shelter 
Cases.
    Description: This revenue procedure prescribes procedures for 
taxpayers who elect to participate in a settlement initiative aimed at 
resolving tax shelter cases involving contingent liability transactions 
that are the same or similar to those described in Notice 2001-17 
(``contingent liability transaction''). There are two resolution 
methodologies: a fixed concession procedure and a fast track dispute 
resolution procedure that includes binding arbitration.
    Respondents: Business or other for-profit, Individuals or 
households.
    Estimated Number of Respondents: 150.
    Estimated Burden Hours Per Respondent: 50 hours.
    Frequency of Response: Other (one-time).
    Estimated Total Reporting Burden: 7,500 hours.
    Clearance Officer: Glenn Kirkland (202) 622-3428, Internal Revenue

[[Page 38110]]

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.

Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 03-16119 Filed 6-25-03; 8:45 am]
BILLING CODE 4830-01-P