01-10104. Proposed Collection; Comment Request

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 Bureau of Alcohol, Tobacco and Firearms within the Department of the Treasury is soliciting comments concerning the Offer in Compromise of liability incurred under the provisions of Title 26 U.S.C. enforced and administered by the Bureau of Alcohol, Tobacco and Firearms.

DATES:

Written comments should be received on or before June 25, 2001 to be assured of consideration.

ADDRESSES:

Direct all written comments to Bureau of Alcohol, Tobacco and Firearms, Linda Barnes, 650 Massachusetts Avenue, NW., Washington, DC 20226, [phone].

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or copies of the form(s) and instructions should be directed to Thomas Stewart, Chief, Revenue Operations Branch, 650 Massachusetts Avenue, NW., Washington, DC 20226, [phone].

SUPPLEMENTARY INFORMATION:

Title: Offer in Compromise of liability incurred under the provisions of Title 26 U.S.C. enforced and administered by the Bureau of Alcohol, Tobacco and Firearms

OMB Number: 1512-0221.

Form Number: ATF F 5640.1.

Abstract: ATF F 5640.1 is used by persons who wish to compromise criminal and/or civil penalties for violations of the Internal Revenue Code. If accepted, the offer in compromise is a settlement between the government and the party in violation in lieu of legal procedings or prosecution. The form identifies the party making the offer, violations, amount of offer and circumstances concerning the violations.

Current Actions: There are no changes to this information collection and it is being submitted for extension purposes only.

Type of Review: Extension.

Affected Public: Business or other for-profit.

Estimated Number of Respondents: 40.

Estimated Time Per Respondent: 2 hours.

Estimated Total Annual Burden Hours: 80.

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 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: April 12, 2001.

William T. Earle,

Assistant Director (Management) CFO.