94-8216. Public Information Collection Requirements Submitted to OMB for Review

[Federal Register Volume 59, Number 66 (Wednesday, April 6, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-8216]


[[Page Unknown]]

[Federal Register: April 6, 1994]


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DEPARTMENT OF THE TREASURY
 

Public Information Collection Requirements Submitted to OMB for 
Review

March 31, 1994.
    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 1980, Public Law 96-511. 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 
2110, 1425 New York Avenue, NW., Washington, DC 20220.

Internal Revenue Service

    OMB Number: 1545-1241.
    Regulation ID Number: PS-092-90 Final.
    Type of Review: Extension.
    Title: Special Valuation Rules.
    Description: Section 2701 of the Internal Revenue Code allows 
various elections by family members who make gifts of common stock or 
partnership interests and retain senior interests. The elections affect 
the value of the gifted interests and the retained interests.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 1,200.
    Estimated Burden Hours Per Respondent: 25 minutes.
    Frequency of Response: Other (one-time election).
    Estimated Total Reporting Burden: 496 hours.
    Clearance Officer: Garrick Shear [phone], Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Milo Sunderhauf [phone], Office of Management 
and Budget, Room 3001, New Executive Office Building, Washington, DC 
20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 94-8216 Filed 4-5-94; 8:45 am]
BILLING CODE 4830-01-M