[Federal Register Volume 76, Number 120 (Wednesday, June 22, 2011)]
[Notices]
[Page 36619]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-15565]



[[Page 36619]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Notice and Request for Comments

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)). The IRS is soliciting comments concerning information 
collection requirements related to Branded Prescription Drug Sales--
Dispute Resolution Process for 2011 Preliminary Fee Calculation.

DATES: Written comments should be received on or before August 22, 2011 
to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal 
Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this revenue procedure should be directed to Allan Hopkins, 
at (202) 622-6665, or at Internal Revenue Service, room 6129, 1111 
Constitution Avenue, NW., Washington, DC 20224, or through the 
Internet, at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Application Requirements, Retroactive Reinstatement and 
Reasonable Cause under Section 6033(j).
    OMB Number: 1545-2209.
    Notice Number: Revenue Procedure 2011-24.
    Abstract: This revenue procedure establishes a dispute resolution 
process for the preliminary fee calculation for the 2011 annual fee 
imposed on covered entities engaged in the business of manufacturing or 
importing branded prescription drugs. The fee was enacted by section 
9008 of the Patient Protection and Affordable Care Act (ACA), Public 
Law 111-148 (124 Stat. 119 (2010)), as amended by section 1404 of the 
Health Care and Education Reconciliation Act of 2010 (HCERA), Public 
Law 111-152 (124 Stat. 1029 (2010)). All references in this revenue 
procedure to section 9008 are references to section 9008 of the ACA, as 
amended by section 1404 of HCERA.
    Current Actions: There are no changes being made to the burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business of other for-profit organizations.
    Estimated Number of Respondents: 119.
    Estimated Average Time Per Respondent: 40 hours.
    Estimated Total Annual Burden Hours: 4,760.
    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 
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: June 16, 2011.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2011-15565 Filed 6-21-11; 8:45 am]
BILLING CODE 4830-01-P