[Federal Register Volume 70, Number 142 (Tuesday, July 26, 2005)]
[Notices]
[Pages 43211-43212]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-14649]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

July 18, 2005.
    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 August 25, 
2005 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0049.
    Form Number: IRS Form 990-BL, Schedule A (Form 990-BL), and Form 
6069.
    Type of Review: Extension.
    Title: Form 990-BL: Information and Initial Excise Tax Return for 
Black Lung Benefit Trusts and Certain Related Persons; and Form 6069: 
Return of Excise Tax on Excess Contributions to Black Lung Benefit 
Trust under Section 4953 and Computation of Section 192 Deduction
    Description: IRS uses Form 990-BL to monitor activities of black 
lung benefit trusts, and to collect excise taxes on these trusts and 
certain related persons if they engage in proscribed activities. The 
tax is figured on Schedule A and attached to Form 990-BL. Form 6069 is 
used by coal mine operators to figure the maximum deduction to a black 
lung benefit trust. If excess contributions are made, IRS uses the form 
to figure and collect the tax on excess contributions.
    Respondents: Business and other for-profit, Individuals or 
households, Not-for-profit institutions.
    Estimated Number of Respondents/Recordkeepers: 22.
    Estimated Burden Hours Respondent/Recordkeeper:

----------------------------------------------------------------------------------------------------------------
                                                               Learning about the law     Preparing and sending
          Form/Schedule                  Recordkeeping               or the form           the form to the IRS
----------------------------------------------------------------------------------------------------------------
990-BL...........................  16 hr., 30 min...........  3 hr., 22 min...........  3 hr., 48 min.
Schedule A (Form 990-BL).........  7 hr., 10 min............  18 min..................  25 min.
  6069...........................  6 hr. 10 min.............  1 hr., 17 min...........  1 hr., 27 min.
----------------------------------------------------------------------------------------------------------------

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 563 hours.

    OMB Number: 1545-0177.
    Form Number: IRS Form 4684.
    Type of Review: Extension.
    Title: Casualties and Thefts.
    Description: Form 4684 is used by taxpayers to compute their gain 
or loss from casualties or thefts, and to summarize such gains and 
losses. The data is used to verify that the correct gain or loss has 
been computed.
    Respondents: Individuals or households, Business and other for-
profit.
    Estimated Number of Respondents/Recordkeepers: 170,000.
    Estimated Burden Hours Respondent/Recordkeeper:

Recordkeeping--1 hr., 58 min.
Learning about the law or the form--26 min.
Preparing the form--1 hr., 4 min.
Copying, assembling, and sending the form to the IRS--34 min.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 688,500 hours.
    OMB Number: 1545-0235.
    Form Number: IRS Form 730.
    Type of Review: Extension.
    Title: Monthly ax Return for Wagers.
    Description: Form 730 is used to identify taxable wagers and 
collect the tax monthly. The information is used to determine if 
persons accepting wagers are correctly reporting the amount of wagers 
and paying the required tax.
    Respondents: Business and other for-profit, Individuals or 
households
    Estimated Number of Respondents/Recordkeepers: 102,164.
    Estimated Burden Hours Respondent/Recordkeeper:
Recordkeeping--6 hr., 4 min.
Learning about the law or the form--47 min.
Preparing, copying, assembling, and sending the form to the IRS--56 
min.

[[Page 43212]]

    Frequency of Response: Monthly.
    Estimated Total Reporting/Recordkeeping Burden: 384,291 hours.

    OMB Number: 1545-0415.
    Form Number: IRS Form W-4P.
    Type of Review: Extension.
    Title: Withholding Certificate for Pension or Annuity Payments.
    Description: Form W-4P is used by the recipients of pension or 
annuity payments to designate the number of withholding allowances he 
or she is claiming, and additional amount to be withheld, or to elect 
that no tax be withheld, so that the payer can withhold the proper 
amount.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 12,000,000.
    Estimated Burden Hours Respondent/Recordkeeper:

Recordkeeping--26 min.
Learning about the law or the form--22 min.
Preparing and sending the form--59 min.

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 21,720,000 hours.
    OMB Number: 1545-1385.
    Regulatory Project Number: GL-238-88 Final.
    Type of Review: Extension.
    Title: Preparer Penalties--Manual Signature Requirement.
    Description: The reporting requirements affect returns preparers of 
fiduciary returns. They will be required to submit a list of the names 
and identifying number of all fiduciary returns which are being filed 
with a facsimile signature of the returns preparer.
    Respondents: Business and other for-profit.
    Estimated Number of Respondents/Recordkeepers: 20,000.
    Estimated Burden Hours Respondent/Recordkeeper: 1 hour, 17 minutes.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 25,825 hours.

    OMB Number: 1545-1490.
    Regulation Project Number: FI-28-96 Final.
    Type of Review: Extension.
    Title: Arbitrage Restrictions on Tax-Exempt Bonds.
    Description: The recordkeeping requirements are necessary for the 
Service to determine that an issuer of tax-exempt bonds has not paid 
more than fair market value for non-purpose investments under section 
148 of the Internal Revenue Code.
    Respondents: Not-for-profit institutions, State, local or tribal 
government.
    Estimated Number of Respondents/Recordkeepers: 1,400.
    Estimated Burden Hours Respondent/Recordkeeper: 1 hour.
    Estimated Total Reporting/Recordkeeping Burden: 1,425 hours.

    OMB Number: 1545-1938.
    Revenue Procedure Number: Revenue Procedure 2005-23.
    Type of Review: Extension.
    Title: Limit of Retroactive Application.
    Description: This revenue procedure provides a method for limiting 
the retroactive application of the decision in Central Laborer's 
Pension Fund v. Heinz if an affected participant is given the 
opportunity to elect retroactively the commencement of the payment of 
benefits as of June 7, 2004 (or the date the participant first became 
eligible to commence payment of benefits, if later). The election 
period for affected participants is at least a sixth month that 
commences within a reasonable time period after affected participants 
receive proper notification of the option.
    Respondents: Business and other for-profit, Not-for-profit 
institutions.
    Estimated Number of Recordkeepers: 285.
    Estimated Burden Hours Recordkeeper: 1 hour.
    Frequency of Response: On occasion.
    Estimated Total Recordkeeping Burden: 142,500 hours.

    OMB Number: 1545-1939.
    Notice Number: Notice 2005-32.
    Type of Review: Extension.
    Title: Notification Requirement for Transfer of Partnership 
Interest in Electing Investment Partnership (EIP).
    Description: If a partnership interest in an EIP is transferred in 
a sale or exchange or upon the death or partnership, the transferor 
must notify the transferee and the EIP in writing.
    Respondents: Business and other for-profit, Individuals or 
households.
    Estimated Number of Respondents/Recordkeepers: 266,400.
    Estimated Burden Hours Respondent/Recordkeeper: 2 hours, 4 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 552,100 hours.
    Clearance Officer: Glenn P. Kirkland, (202) 622-3428. Internal 
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, 
DC 20224.
    OMB Reviewer: Alexander T. Hunt, (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. 05-14649 Filed 7-25-05; 8:45 am]
BILLING CODE 4830-01-P