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Federal Register / Vol. 70, No.

204 / Monday, October 24, 2005 / Notices 61509

the Internet, at Approved: October 11, 2005. Type of Review: Extension of a


(Allan.M.Hopkins@irs.gov). Glenn P. Kirkland, currently approved collection.
SUPPLEMENTARY INFORMATION: IRS Reports Clearance Officer. Affected Public: Individuals or
Title: FI–27–89, Real Estate Mortgage [FR Doc. E5–5849 Filed 10–21–05; 8:45 am] households, and business or other for-
Investment Conduits; Reporting BILLING CODE 4830–01–P
profit organizations.
Requirements and Other Administrative Estimated Number of Respondents:
Matters, and FI–61–91, Allocation of 1,631,202.
DEPARTMENT OF THE TREASURY Estimated Time per Respondent: 18
Allocable Investment Expense; Original
minutes.
Issue Discount Reporting Requirements. Estimated Total Annual Burden
OMB Number: 1545–1018. Internal Revenue Service
Regulation Project Number: FI–27–89 Hours: 481,722.
[FI–165–84] The following paragraph applies to all
and FI–61–91.
Abstract: The regulations prescribe of the collections of information covered
Proposed Collection; Comment
the manner in which an entity elects to by this notice:
Request for Regulation Project An agency may not conduct or
be taxed as a real estate mortgage
AGENCY: Internal Revenue Service (IRS), sponsor, and a person is not required to
investment conduit (REMIC) and the
Treasury. respond to, a collection of information
filing requirements for REMICs and
ACTION: Notice and request for unless the collection of information
certain brokers.
Current Actions: There is no change to comments. displays a valid OMB control number.
these existing regulations. Books or records relating to a collection
SUMMARY: The Department of the of information must be retained as long
Type of Review: Extension of a
Treasury, as part of its continuing effort as their contents may become material
currently approved collection.
Affected Public: Business or other for- to reduce paperwork and respondent in the administration of any internal
profit organizations. burden, invites the general public and revenue law. Generally, tax returns and
Estimated Number of Respondents: other Federal agencies to take this tax return information are confidential,
655. opportunity to comment on proposed as required by 26 U.S.C. 6103.
Estimated Time Per Respondent: 1 and/or continuing information Request for Comments: Comments
hour, 30 minutes. collections, as required by the submitted in response to this notice will
Estimated Total Annual Burden Paperwork Reduction Act of 1995, be summarized and/or included in the
Hours: 978. Public Law 104–13(44 U.S.C. request for OMB approval. All
The following paragraph applies to all 3506(c)(2)(A)). Currently, the IRS is comments will become a matter of
of the collections of information covered soliciting comments concerning an public record. Comments are invited on:
by this notice: existing notice of proposed rulemaking, (a) Whether the collection of
An agency may not conduct or FI–165–84, Below-Market Loans information is necessary for the proper
sponsor, and a person is not required to (§§ 1.7872–11(g)(l) and 1.7872–11(g)(3)). performance of the functions of the
respond to, a collection of information DATES: Written comments should be agency, including whether the
unless the collection of information received on or before December 23, 2005 information shall have practical utility;
displays a valid OMB control number. to be assured of consideration. (b) the accuracy of the agency’s estimate
Books or records relating to a collection ADDRESSES: Direct all written comments of the burden of the collection of
of information must be retained as long to Glenn Kirkland, Internal Revenue information; (c) ways to enhance the
as their contents may become material Service, room 6516, 1111 Constitution quality, utility, and clarity of the
in the administration of any internal Avenue NW., Washington, DC 20224. information to be collected; (d) ways to
revenue law. Generally, tax returns and FOR FURTHER INFORMATION CONTACT: minimize the burden of the collection of
tax return information are confidential, Requests for additional information or information on respondents, including
as required by 26 U.S.C. 6103. copies of the regulation should be through the use of automated collection
Request for Comments: Comments directed to Allan Hopkins, at (202) 622– techniques or other forms of information
submitted in response to this notice will 6665, or at the Internal Revenue Service, technology; and (e) estimates of capital
be summarized and/or included in the room 6516, 1111 Constitution Avenue or start-up costs and costs of operation,
request for OMB approval. All NW., Washington, DC 20224, or through maintenance, and purchase of services
comments will become a matter of the Internet at Allan.M.Hopkins@irs.gov. to provide information.
public record. Comments are invited on: SUPPLEMENTARY INFORMATION: Approved: October 11, 2005.
(a) Whether the collection of Title: Below-Market Loans. Glenn P. Kirkland,
information is necessary for the proper OMB Number: 1545–0913.
performance of the functions of the IRS Reports Clearance Officer.
Regulation Project Number: FI–165–
agency, including whether the [FR Doc. E5–5850 Filed 10–21–05; 8:45 am]
84 (Notice of Proposed Rulemaking).
information shall have practical utility; Abstract: Internal Revenue Code BILLING CODE 4830–01–P
(b) the accuracy of the agency’s estimate section 7872 recharacterizes a below-
of the burden of the collection of market loan as a market rate loan and
information; (c) ways to enhance the an additional transfer by the lender to DEPARTMENT OF VETERANS
quality, utility, and clarity of the the borrower equal to the amount of AFFAIRS
information to be collected; (d) ways to imputed interest. The regulation
minimize the burden of the collection of requires both the lender and the Disruption of Mail Service
information on respondents, including borrower to attach a statement to their October 18, 2005.
through the use of automated collection respective income tax returns for years AGENCY: Department of Veterans Affairs.
techniques or other forms of information in which they have imputed income or ACTION: Notice of exception to date of
technology; and (e) estimates of capital claim imputed deductions under Code receipt.
or start-up costs and costs of operation, section 7872.
maintenance, and purchase of services Current Actions: There is no change to SUMMARY: On August 29, 2005,
to provide information. this existing regulation. Hurricane Katrina came through the

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61510 Federal Register / Vol. 70, No. 204 / Monday, October 24, 2005 / Notices

states of Louisiana, Mississippi, and the U.S. Postal Service to the Muskogee published in the Federal Register on
Alabama. As a result, operations at the Regional Office in Oklahoma. In October 7, 2005 (70 FR 58793)).
Department of Veterans Affairs (VA) addition, claimants and beneficiaries in EFFECTIVE DATE: October 24, 2005.
Regional Offices in New Orleans, Louisiana have been instructed to send FOR FURTHER INFORMATION CONTACT:
Louisiana, and Jackson, Mississippi, their correspondence to the Muskogee Charlotte Moment, Office of Human
were interrupted. Additionally, postal Regional Office. Resources Management (052B),
services in the affected regions have VA wishes to prevent claimants and Department of Veterans Affairs, 810
been interrupted. As a result of the beneficiaries who send correspondence Vermont Avenue, NW., Washington, DC
interruptions, correspondence to VA from being deprived of benefits 20420, (202) 273–8165.
containing claims, information, or because the mail service has been
evidence sent to the affected VA disrupted due to events outside of their VA Performance Review Board (PRB)
Regional Offices is likely to be control. We have therefore established R. Allen Pittman, Assistant Secretary for
interrupted. VA wishes to protect the the following exceptions to the standard Human Resources and Administration
claimants who send correspondence to rule on date of receipt. (Chairperson).
the Veterans Benefits Administration Claude M. Kicklighter, Chief of Staff.
(VBA) through the normal channels of Exceptions to Date of Receipt for
Thomas G. Bowman, Deputy Chief of
communication from being deprived of Louisiana, Mississippi, and Alabama
Staff (Alternate).
benefits solely because those channels The Department of Veterans Affairs Sharon K. Barnes, Executive Secretary.
of communication have been disrupted (VA) hereby gives notice that for Edward F. Meagher, Deputy Assistant
due to events outside of the claimants’ purposes of determining the date of Secretary for Information Technology
control. Therefore, VA is instituting entitlement, any correspondence Management.
procedures to consider alternative dates received by the New Orleans Regional Ronald R. Aument, Deputy Under
as the date of receipt of correspondence. Office (or by the Muskogee Regional Secretary for Benefits, Veterans
FOR FURTHER INFORMATION CONTACT: Office from Louisiana), the Jackson Benefits Administration.
Maya Ferrandino, Consultant, Regional Office, or the Montgomery Michael Walcoff, Associate Deputy
Compensation and Pension Service, Regional Office, which contains claims, Under Secretary for Operations,
Policy and Regulations Staff (211D), information, or evidence will be Veterans Benefits Administration
Veterans Benefits Administration, considered received on the date the (Alternate).
Department of Veterans Affairs, 810 claimant or beneficiary (or Michael J. Kussman, M.D., Deputy
Vermont Avenue, NW., Washington, DC representative) signed the Under Secretary for Health, Veterans
20420, (202) 273–7211. correspondence. If there is no dated Health Administration.
SUPPLEMENTARY INFORMATION: A VA signature on the correspondence, then Dennis M. Lewis, Acting Deputy Under
regulation allows the Under Secretary the correspondence will be considered Secretary for Health for Operations
for Benefits to establish exceptions to received on the date it was postmarked. and Management, Veterans Health
VA’s rule about date of receipt of This exception is effective for Administration (Alternate).
correspondence received by the New John H. Thompson, Deputy General
claims, information, or evidence.
Orleans Regional Office (or by the Counsel.
Ordinarily, ‘‘date of receipt,’’ means the
Muskogee Regional Office from Rita Reed, Deputy Assistant Secretary
date on which a claim, information, or
Louisiana) from August 29, 2005 for Budget.
evidence was received in a VA office. Jon A. Wooditch, Deputy Inspector
The regulation states that exceptions through October 27, 2005.
This exception is effective for General.
may be established when a natural or Richard Wannemacher, Jr., Acting
man-made interference with the normal correspondence received by the Jackson
Under Secretary, National Cemetery
channels through which VA ordinarily Regional Office or the Montgomery
Administration.
receives correspondence has resulted in Regional Office from August 29, 2005
one or more VA Regional Offices through September 27, 2005. Veterans Benefits Administration PRB
experiencing extended delays in receipt Approved: October 17, 2005. Ronald R. Aument, Deputy Under
of claims, information, or evidence to an R. James Nicholson, Secretary for Benefits, (Chairperson).
extent that, if not addressed, would Secretary of Veterans Affairs. Geraldine V. Breakfield, Associate
adversely affect such claimants through Deputy Under Secretary for
[FR Doc. E5–5851 Filed 10–21–05; 8:45 am]
no fault of their own. The full regulation Management.
BILLING CODE 8320–01–P
can be found at 38 CFR 3.1(r). Jack F. McCoy, Associate Deputy Under
On August 29, 2005, Hurricane Secretary for Policy & Program
Katrina came through the states of DEPARTMENT OF VETERANS Management.
Louisiana, Mississippi, and Alabama. AFFAIRS Michael Walcoff, Associate Deputy
As a result, operations at VA’s Regional Under Secretary for Field Operations.
Offices in New Orleans, Louisiana, and Performance Review Board Members James Bohmbach, Chief Financial
Jackson, Mississippi, were interrupted. Officer.
Additionally, postal services in the AGENCY: Department of Veterans Affairs. Diana M. Rubens, Director, Western
affected regions, including parts of ACTION: Notice. Area Office.
Alabama, have been interrupted. Thomas Bowman, Deputy Chief of Staff,
As a result of the interruptions, SUMMARY: Under the provisions of 5 Office of the Secretary.
correspondence containing claims, U.S.C. 4314(c)(4) agencies are required
information, or evidence sent to the to publish a notice in the Federal Veterans Health Administration PRB
affected VA Regional Offices has been Register of the appointment of Michael J. Kussman, MD, Chair, Deputy
significantly interrupted. Because the Performance Review Board (PRB) Under Secretary for Health.
New Orleans Regional Office was members. This notice updates the VA Dennis M. Lewis, Vice-Chair, Acting
closed, VA established that mail Performance Review Board of the Deputy Under Secretary for Health for
addressed there would be forwarded by Department of Veterans Affairs that was Operations and Management.

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