[Federal Register Volume 70, Number 184 (Friday, September 23, 2005)]
[Notices]
[Page 55962]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-18998]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-209828-96]
Proposed Collection; Comment Request for Regulation Project
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 an
existing final regulation, REG-209828 (TD 8758), Nuclear
Decommissioning Funds; Revised Schedules of Ruling Amounts (Sec.
1.468A-3).
DATES: Written comments should be received on or before November 22,
2005 to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn Kirkland, Internal
Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation should be directed to Allan Hopkins, at (202)
622-6665, or at Internal Revenue Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224, or through the Internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Nuclear Decommissioning Funds; Revised Schedules of Ruling
Amounts.
OMB Number: 1545-1511.
Regulation Project Number: REG-209828-96.
Abstract: This regulation relates to requests for revised schedules
of ruling amounts for nuclear decommisioning reserve funds under
section 468A(d) of the Internal Revenue Code. The regulation eases the
burden on affected taxpayers by permitting electing taxpayers with
qualifying interests in nuclear power plants to adjust their ruling
amounts under a formula or method rather than by filing a request for a
revised schedule of ruling amounts.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 20.
Estimated Time per Respondent: 5 hours.
Estimated Total Annual Burden Hours: 100.
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: September 13, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05-18998 Filed 9-22-05; 8:45 am]
BILLING CODE 4830-01-P