[Federal Register Volume 78, Number 17 (Friday, January 25, 2013)]
[Notices]
[Pages 5561-5562]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-01569]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Proposed Collection; Comment Request; Office of the Fiscal 
Assistant Secretary

AGENCY: Departmental Offices, Department of Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

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 Office of the Fiscal Assistant Secretary 
(OFAS), within the Department of the Treasury, is soliciting comments 
concerning the Annual Performance Report and Certification for Section 
1603.

DATES: Written comments must be received on or before March 26, 2013 to 
be assured of consideration.

ADDRESSES: Direct all written comments to the Department of the 
Treasury, Departmental Offices, OFAS, ATTN: Jean Whaley, 1500 
Pennsylvania Avenue NW., Rm. 1050-S, Washington, DC 20220, (202) 622-
0637; [email protected].

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form(s) and instructions should be directed to the 
Department of the Treasury, Departmental Offices, OFAS, ATTN: Jean 
Whaley, 1500 Pennsylvania Avenue NW., Rm. 1050-S, Washington, DC 20220, 
(202) 622-0637; [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Annual Performance Report and Certification for Section 
1603: Payments for Specified Renewable Energy Property in Lieu of Tax 
Credits.
    OMB Number: 1505-0221.
    Abstract: Authorized under the American Recovery and Reinvestment 
Act (ARRA), of 2009 (Pub. L. 111-5), the Department of the Treasury is 
implementing several provisions of the Act, more specifically Division 
B--Tax, Unemployment, Health, State Fiscal Relief, and Other 
Provisions. Among these components is a program which requires 
Treasury, in lieu of a tax credit, to reimburse persons who place in 
service certain specified energy properties. The collection of 
information is necessary to properly monitor compliance with program 
requirements. Applicants for Section 1603 payments commit in the Terms 
and Conditions that are part of the application to submitting an annual 
report for five years from the date the energy property is placed in 
service. The information will be used to (1) determine whether payment 
recipients remain eligible, (2) determine that the amount of the 1603 
payment remains allowable under applicable laws, (3) assess compliance 
with applicable laws, and (4) report on the effectiveness of the 
program.
    Type of Review: Revision of a currently approved collection.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Number of Annual Respondents: 150,000.
    Estimated Hours per Response: 0.25.
    Estimated Total Annual Burden Hours: 37,500.
    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

[[Page 5562]]

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.

    Dated: January 22, 2013.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2013-01569 Filed 1-24-13; 8:45 am]
BILLING CODE 4810-25-P