[Federal Register Volume 89, Number 128 (Wednesday, July 3, 2024)]
[Notices]
[Pages 55308-55309]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-14643]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Agency Collection Activities; Requesting Comments on Form 637 and 
IRS Notice 2023-06, IRS Notice 2024-06, Notice 2024-37, IRS Notice 
2024-49

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service, 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. The IRS is soliciting comments 
concerning Form 637, Application for Registration (For Certain Excise 
Tax Activities) and Questionnaires and IRS Notice 2023-06, IRS Notice 
2024-06, Notice 2024-37, and IRS Notice 2024-49.

DATES: Written comments should be received on or before September 3, 
2024 to be assured of consideration.

ADDRESSES: Direct all written comments to Andres Garcia, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or by email to [email protected]. Include OMB Control No. 
1545-1835 in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this collection should be directed to Jason Schoonmaker, 
(801) 620-2128, at Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments 
concerning the following information collection tools, reporting, and 
record-keeping requirements:
    Title: Application for Registration (For Certain Excise Tax 
Activities) and Questionnaires; IRS Notice 2023-06; IRS Notice 2024-06; 
IRS Notice 2024-37; IRS Notice 2024-49.
    OMB Number: 1545-1835.
    Form Number: Form 637.
    Guidance Number: IRS Notice 2023-06, IRS Notice 2024-06, IRS Notice 
2024-37, and IRS Notice 2024-49.
    Abstract: Form 637 is used to apply for excise tax registration. 
The registration applies to a person required to be registered under 
Internal Revenue Code (IRC) section 4101 for purposes of the Federal 
excise tax on taxable fuel imposed under IRC sections 4041 and 4081; 
other persons required to be registered by IRC section 4101 for certain 
fuel activities for tax credits; certain manufacturers or sellers and 
purchasers required to be registered by IRC section 4222 to be exempt 
from the excise tax on taxable articles; certain persons required to be 
registered by IRC section 4662 to be exempt from the excise tax on 
taxable chemicals; and certain persons required to be registered by IRC 
section 4682 to be exempt from the excise tax on ozone-depleting 
chemicals. The data from Form 637 is used to determine if the applicant 
qualifies for registration.
    IRS Notice 2023-26 provides guidance on the new sustainable 
aviation fuel credits under IRC sections 40B and 6426(k) and related 
credit and payment rules under IRC sections

[[Page 55309]]

34(a)(3), 38, 87, and 6427(e)(1) (SAF credit). This notice also 
provides rules related to the section 4101 registration requirements. 
The certificate, reseller statement, and declaration created by IRS 
Notice 2023-06 will allow the IRS to verify that claimants are making 
proper credit and payment claims with respect to the SAF credit.
    IRS Notice 2024-06 allows taxpayers to use the Renewable Fuel 
Standard (RFS) methodology to calculate the amount of the SAF credit. 
IRS Notice 2024-06 updated the certificate to include the RFS 
methodology.
    IRS Notice 2024-37 allows taxpayers to use the 40BSAF-GREET 2024 
methodology to calculate the amount of the SAF credit. IRS Notice 2024-
37 also allows use of domestic corn and soybean grown using climate 
smart agriculture pursuant to a program called the U.S. Department of 
Agriculture (USDA) Climate Smart Agriculture (CSA) Pilot Program (USDA 
CSA Pilot Program) to be considered in determining the amount of the 
SAF credit. If all the elements are met, the registered producer can 
increase the emissions reduction, allowing for a larger amount of the 
SAF credit.
    IRS Notice 2024-49 provides guidance on the registration 
requirements under IRC sections 45Z and 4101 for the clean fuel 
production credit. Section 45Z(f)(1)(A)(i)(I) provides that no clean 
fuel production credit shall be determined with respect to any 
transportation fuel unless the taxpayer is registered as a producer of 
clean fuel under section 4101 at the time of production. IRS Notice 
2024-49 provides guidance on the time, form, and manner of such 
registration. IRS Notice 2024-49 provides that applicants will use Form 
637 to apply for registration with the IRS and can apply for Activity 
Letter ``CN'' (for a producer of clean transportation fuel which is not 
SAF), or Activity Letter ``CA'' (for a producer of clean transportation 
fuel which is SAF), or both, in accordance with the instructions 
provided in the notice until Form 637 is updated.
    Current Actions: IRS Notice 2024-37 has added a new certificate, 
revised the certificate from Notice 2024-06, and included new 
recordkeeping requirements. IRS Notice 2024-49 is revising Form 637 to 
add new activity codes and activity letters to be requested on Form 
637.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households, Business or other for-
profit, and not-for-profit entities.
    Estimated Number of Responses: 9,949.
    Estimated Time per Response: varies, from 30 minutes up to 13 hours 
30 minutes.
    Estimated Total Annual Burden Hours: 32,344.
    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: June 28, 2024.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2024-14643 Filed 7-2-24; 8:45 am]
BILLING CODE 4830-01-P