The Department of the 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 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
DATES:
Written comments should be received on or before December 20, 2004 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1639.
Regulation Project Number: REG-106012-98 Final.
Type of Review: Extension.
Title: Definition of Contribution in Aid of Construction under section 118(c).
Description: The regulations provide guidance with respect to section 118(c), which provides that a contribution in aid of construction received by a regulated public water or sewage utility is treated as a contribution to the capital of the utility and excluded from gross income.
Respondents: Business or other for-profit.
Estimated Number of Respondents: 300.
Estimated Burden Hours Respondent: 1 hour.
Frequency of Response: Annually.
Estimated Total Reporting Burden: 300 hours.
Clearance Officer: R. Joseph Durbala (202) 622-3634, Internal Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224.
OMB Reviewer: Joseph F. Lackey, Jr. (202) 395-7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503.
Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 04-25596 Filed 11-17-04; 8:45 am]
BILLING CODE 4830-01-P