[Federal Register Volume 89, Number 135 (Monday, July 15, 2024)]
[Notices]
[Pages 57519-57520]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15429]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8912

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

[[Page 57520]]

paperwork and respondent burden, invites the general public and other 
Federal agencies to take this opportunity to comment on continuing 
information collections, as required by the Paperwork Reduction Act of 
1995. The IRS is soliciting comments concerning information collection 
requirements related to credit to holders of tax credit bonds.

DATES: Written comments should be received on or before September 13, 
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 number 
1545-2025 or Credit to Holders of Tax Credit Bonds, in the subject 
line.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulation should be directed to Kerry Dennis at (202) 
317-5751, or at Internal Revenue Service, Room 6526, 1111 Constitution 
Avenue NW, Washington, DC 20224, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Credit to Holders of Tax Credit Bonds.
    OMB Number: 1545-2025.
    Form Number: 8912.
    Abstract: Form 8912, Credit to Holders of Tax Credit Bonds, was 
developed to carry out the provisions of Internal Revenue Code sections 
54 and 1400N(l). The form provides a means for the taxpayer to claim 
the credit for the following tax credit bonds: Clean renewable energy 
bond (CREB), New clean renewable energy bond (NCREB), Qualified energy 
conservation bond (QECB), Qualified zone academy bond (QZAB), Qualified 
school construction bond (QSCB), and Build America bond (BAB).
    Current Actions: There is no change to the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, farms.
    Estimated Number of Respondents: 50.
    Estimated Time per Response: 13 hours, 47 minutes.
    Estimated Total Annual Burden Hours: 689 hours.
    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 if 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: July 9, 2024.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2024-15429 Filed 7-12-24; 8:45 am]
BILLING CODE 4830-01-P