Proposed Collection; Comment Request

DEPARTMENT OF THE TREASURY

Internal Revenue Service

[Form 8609]

Proposed Collection; Comment Request

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 IRS is soliciting comments concerning

Form 8609 Low-Income Housing Credit Allocation Certification and

Schedule A (Form 8609), Annual Statement.

[[Page 10618]]

DATES: Written comments should be received on or before May 13, 1996,

to be assured of consideration.

ADDRESSES: Direct all written comments to Garrick R. Shear, Internal

Revenue Service, room 5571, 1111 Constitution Avenue NW., Washington,

DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or

copies of the form(s) and instructions should be directed to Martha R.

Brinson, (202) 622-3869, Internal Revenue Service, room 5571, 1111

Constitution Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Low-Income Housing Credit Allocation Certification and

Schedule A (Form 8609), Annual Statement.

OMB Number: 1545-0988.

Form Number: Form 8609 and Schedule A (Form 8609).

Abstract: Owners of residential low-income rental buildings may

claim a low-income housing credit for each qualified building over a

10-year credit period. Form 8609 is used to get a credit allocation

from the housing credit agency. The form, along with Schedule A, is

used by the owner to certify necessary information required by the law.

Current Actions: There are no changes being made to the form at

this time.

Type of Review: Extension of OMB approval.

Affected Public: Businesses, Individuals or households, and State,

Local or Tribal Government.

Estimated Number of Respondents: 120,000.

Estimated Time per Respondent: 22 hrs., 26 min.

Estimated Total Annual Burden Hours: 2,692,200.

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; and (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.

Approved: March 5, 1996.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 96-6153 Filed 3-13-96; 8:45 am]

BILLING CODE 4830-01-U