[Federal Register Volume 69, Number 67 (Wednesday, April 7, 2004)]
[Notices]
[Page 18421]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-7848]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

March 31, 2004.
    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 May 7, 2004, to 
be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0735.
    Regulation Project Number: LR-189-80 (TD 7927) Final.
    Type of Review: Extension.
    Title: Amortization of Reforestation Expenditures.
    Description: Section 194 allows taxpayers to elect to amortize 
certain reforestation expenditures over a 7-year period if the 
expenditures meet certain requirements. The regulations implement this 
election provision and allow the Service to determine if the election 
is proper and allowable.
    Respondents: Individuals or households, Business or other for-
profit, Farms.
    Estimated Number of Respondents: 12,000.
    Estimated Burden Hours Respondent: 30 minutes.
    Frequency of response: Annually.
    Estimated Total Reporting Burden: 6,001 hours.

    OMB Number: 1545-1226.
    Regulation Project Number: FI-59-89 Final.
    Type of Review: Extension.
    Title: Proceeds of Bonds used for Reimbursement.
    Description: The rules require record maintenance by a state or 
local government or section 501(c)(3) organization issuing tax-exempt 
bonds (``Issuer'') to reimburse itself for previously-paid expenses. 
This recordkeeping will establish that the issuer had an intent, when 
it paid an expense, to later issue a reimbursement bond.
    Respondents: State, Local or Tribal Government, Business or other 
for-profit.
    Estimated Number of Recordkeepers: 2,500.
    Estimated Burden Hours Recordkeeper: 2 hours, 24 minutes.
    Estimated Total Recordkeeping Burden: 6,000 hours.

    OMB Number: 1545-1300.
    Regulation Project Number: FI-46-89 Final.
    Type of Review: Extension.
    Title: Treatment of Acquisition of Certain Financial Institutions: 
Certain Tax Consequences of Federal Financial Assistance to Financial 
Institutions.
    Description: Recipients of Federal financial assistance (FFA) must 
maintain an account of FFA that is deferred from inclusion in gross 
income and subsequently recaptured. This information is used to 
determine the recipient's tax liability. Also, tax not subject to 
collection must be reported and information must be provided if certain 
elections are made.
    Respondents: Business or other for-profit, Federal Government.
    Estimated Number of Respondents/Recordkeepers: 500.
    Estimated Burden Hours Respondent/Recordkeeper: 4 hours, 24 
minutes.
    Frequency of response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 2,200 hours.

    OMB Number: 1545-1564.
    Regulation Project Number: REG-103330-97 Final.
    Type of Review: Extension.
    Title: IRS Adoption Taxpayer Identification Numbers.
    Description: The regulation authorized the IRS to assign a new form 
of taxpayer identification number, the IRS Adoption Taxpayer 
Identification Number (ATIN), to children who are being adopted. The 
regulation is issued under section 6109 and is effective for tax 
returns due on or after April 15, 1998.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 1.
    Estimated Burden Hours Respondent: 1 hour.
    Frequency of response: On occasion.
    Estimated Total Reporting Burden: 1 hour.
    Clearance Officer: Glenn P. Kirkland, Internal Revenue Service, 
Room 6411-03, 1111 Constitution Avenue, NW., Washington, DC 20224, 
(202) 622-3428.
    OMB Reviewer: Joseph F. Lackey, Jr., Office of Management and 
Budget, Room 10235, New Executive Office Building, Washington, DC 
20503, (202) 395-7316.

Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 04-7848 Filed 4-6-04; 8:45 am]
BILLING CODE 4830-01-P