[Federal Register Volume 77, Number 225 (Wednesday, November 21, 2012)]
[Pages 69930-69931]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-28244]



Internal Revenue Service

Notice and Request for Comments

AGENCY: Internal Revenue Service (IRS), 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)). The IRS is soliciting comments concerning information 
collection requirements related to Notice 2012-48, Tribal Economic 
Development Bonds.

DATES: Written comments should be received on or before January 22, 
2013 to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of notice should be directed to Allan Hopkins, at (202) 622-
6665, or at Internal Revenue Service, Room 6129, 1111 Constitution 
Avenue NW., Washington, DC 20224, or through the internet, at 
[email protected].

    Title: Tribal Economic Development Bonds.
    OMB Number: 1545-2233.
    Notice Number: Notice 2012-48.
    Abstract: This Notice solicits applications for the reallocation of 
available amounts of national bond issuance authority limitation for 
tribal economic development bonds (``Tribal Economic Development 
Bonds'') that were previously allocated to eligible issuers by the 
Internal Revenue Service (``IRS'') and that have not been used. This 
Notice also provides related guidance on: (1) The application 
requirements and forms for requests for volume cap allocations, and (2) 
the method that the IRS and the Department of the Treasury will use to 
allocate the volume cap.
    Current Actions: There are no changes being made to the burden 
previously requested at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Tribal governments.
    Estimated Number of Respondents: 143.
    Estimated Average Time per Respondent: 7 hours.
    Estimated Total Annual Burden Hours: 1,000.
    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 
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

[[Page 69931]]

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: November 15, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012-28244 Filed 11-20-12; 8:45 am]