[Federal Register Volume 69, Number 197 (Wednesday, October 13, 2004)]
[Notices]
[Pages 60934-60935]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-22916]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

October 5, 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, Pub. L. 104-13. Copies of 
the submission(s)

[[Page 60935]]

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 November 
12, 2004 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1201.
    Regulation Project Numbers: REG-152549-03 NPRM and Temporary; and 
PS-52-88 Final.
    Type of Review: Extension.
    Title: REG-152549-03 NPRM and Temporary: Section 179 Elections; and 
PS-52-88 Final: Election to Expense Certain Depreciable Business 
Assets.
    Description: The regulations provide rules on the election 
described in section 179(b)(4); the apportionment of the dollar 
limitation among component members of a controlled group; the proper 
order for deducting the carryover of disallowed deduction; and the 
maintenance of information which permits the specific identification of 
each piece of section 179 property and reflects how and from whom such 
property was acquired and when such property was placed in service. The 
recordkeeping and reporting is necessary to monitor compliance with the 
section 179 rules.
    Respondents: Business of other for-profit, Individuals or 
households, farms.
    Estimated Number of Respondents/Recordkeepers: 4,035,000.
    Estimated Burden Hours Respondent/Recordkeeper: 45 minutes.
    Frequency of response: Annually, Other (once).
    Estimated Total Reporting/Recordkeeping Burden: 3,022,500 hours.
    Clearance Officer: Paul H. Finger, (202) 622-4078. Internal Revenue 
Service, Room 6516, 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. 04-22916 Filed 10-12-04; 8:45 am]
BILLING CODE 4830-01-P