[Federal Register: November 9, 1999 (Volume 64, Number 216)]
[Notices]               
[Page 61179]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09no99-119]                         

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DEPARTMENT OF THE TREASURY

 
Submission for OMB Review; Comment Request

November 2, 1999.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
2110, 1425 New York Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before December 9, 
1999 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1029.
    Form Number: IRS Form 8693.
    Type of Review: Revision.
    Title: Low-Income Housing Credit Disposition Bond or Treasury 
Direct Account Application.
    Description: Form 8693 is needed per Internal Revenue Code (IRC) 
section 42(j)(6) to post bond or establish a Treasury Direct Account 
and waive the recapture requirement under section 42(j) for certain 
dispositions of a building on which the low-income housing credit was 
claimed. Internal Revenue regulations section 301.7101-1 requires that 
the posting of a bond must be done on the appropriate form as 
determined by the Internal Revenue Service.
    Respondents: Business or other for-profit, individuals or 
households.
    Estimated Number of Respondents/Recordkeepers: 1,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:
    Recordkeeping--13 min.
    Learning about the law or the form--14 min.
    Preparing the form--20 min.
    Copying, assembling, and sending the form to the IRS--20 min.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 1,130 hours.
    Clearance Officer: Garrick Shear, Internal Revenue Service, Room 
5244, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management and Budget, Room 10202, New Executive Office Building, 
Washington, DC 20503.
Mary A. Able,
Departmental Reports Management Officer.
[FR Doc. 99-29297 Filed 11-8-99; 8:45 am]
BILLING CODE 4830-01-P