[Federal Register Volume 70, Number 57 (Friday, March 25, 2005)]
[Notices]
[Page 15389]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-1324]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[REG-121946-98]


Proposed Collection; Comment Request for Regulation Project

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 an 
existing final regulation, REG-121946-98 (TD 8861), Private Foundation 
Disclosure Rules (Sec. Sec.  301.6104(d)-1, 301.6104(d)-2, and 
301.6104(d)-3).

DATES: Written comments should be received on or before May 24, 2005 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Glenn P, Kirkland, Internal 
Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of regulations should be directed to R. Joseph Durbala, (202) 
622-3634, Internal Revenue Service, room 6516, 1111 Constitution Avenue 
NW., Washington, DC 20224, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Private Foundation Disclosure Rules.
    OMB Number: 1545-1655.
    Regulation Project Number: REG-121946-98.
    Abstract: The regulations relate to the public disclosure 
requirements described in section 6104(d) of the Internal Revenue Code. 
These final regulations implement changes made by the Tax and Trade 
Relief Extension Act of 1998, which extended to private foundations the 
same rules regarding public disclosure of annual information returns 
that apply to other tax-exempt organizations. These final regulations 
provide guidance for private foundations required to make copies of 
applications for recognition of exemption and annual information return 
available for public inspection and to comply with requests for copies 
of those documents.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Not-for-profit institutions.
    Estimated Number of Respondents: 65,065.
    Estimated Time Per Respondent: 30 minutes.
    Estimated Total Annual Burden Hours: 32,596.
    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: March 23, 2005.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5-1324 Filed 3-24-05; 8:45 am]
BILLING CODE 4830-01-P