[Federal Register Volume 74, Number 182 (Tuesday, September 22, 2009)]
[Notices]
[Page 48351]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-22698]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for NOT 110859-09

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 
NOT 110859-09, Qualifying Advanced Energy Project Credit.

DATES: Written comments should be received on or before November 23, 
2009 to be assured of consideration.

ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal 
Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulations should be directed to Evelyn J. Mack at 
Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., 
Washington, DC 20224, or at (202) 622-7381, or through the internet at 
([email protected]).

SUPPLEMENTARY INFORMATION:
    Title: Qualifying Advanced Energy Project Credit
    OMB Number: 1545-2151.
    Notice Number: NOT 110859-09.
    Abstract: This notice establishes the qualifying advanced energy 
project program (``advanced energy program'') under Sec.  48C(d) of the 
Internal Revenue Code and announces an initial allocation round of the 
qualifying advanced energy project credit (``advanced energy credit'') 
to qualifying advanced energy projects under the advanced energy 
program. A qualifying advanced energy project re-equips, expands, or 
establishes a manufacturing facility for the production of certain 
energy related property. A taxpayer must submit, for each qualifying 
advanced energy project: (1) An application for recommendation by the 
DOE (``application for DOE recommendation''), and (2) an application 
for certification under Sec.  48C(d)(2) by the Service (``application 
for Sec.  48C certification''). Both applications may be submitted only 
during the 2-year period beginning on August 14, 2009. Certifications 
will be issued and credits will be allocated to projects in annual 
allocation rounds. The initial allocation round will be conducted in 
2009-10, and If necessary, additional allocation round in 2010-11.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. This notice is being submitted for renewal 
purposes only.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 1000.
    Estimated Average Time per Respondent: 110 hrs.
    Estimated Total Annual Burden Hours: 110,000 hrs.
    The following paragraph applies to all 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: September 16, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-22698 Filed 9-21-09; 8:45 am]
BILLING CODE 4830-01-P