Approved through December 1994. As part of its next request for extension of this collection, the Department should reissue these regulations to simplify the complex cross references to recordkeeping and reporting requirements, or explain in detail why it can not or should not simplify these regulations. An example of a complex cross reference is found in Sec. 1.673(f)(4)(i) which refers to paragraph (f)(3)(i) and (ii), which in turn refers to f(1) and (2)(i) and 1.860F-4(e)(4). This review action includes the resubmission dated August 10, 1992.
Inventory as of this Action
Requested
Previously Approved
01/31/1995
01/31/1995
09/30/1992
9,725
0
9,725
978
0
978
0
0
0
THE TEMPORARY REGULATIONS AND THE NOTICE OF PROPOSED RULEMAKING BY CROSS-REFERENCE NOTICE PRESCRIBE THE MANNER IN WHICH AN ENTITY ELECTS BE TAXED AS A REAL ESTATE MORTGAGE INVESTMENT CONDUIT (REMIC) AND THE FILING REQUIREMENTS FOR REMIC'S AND CERTAIN BROKERS.
1066, SCHED. Q, (FORM 1066), 1099-INT,, 1099-OID,, 8281,
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
9,725
9,725
0
0
0
0
Annual Time Burden (Hours)
978
978
0
0
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
No
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
NOTICE OF ALLOCATION OF ALLOCABLE INVESTMENT EXPENSE (NPRM) -- FI-61-91, REAL ESTATE MORTGAGE INVESTMENT CONDUITS, REPORTING REQUIREMENTS, & OTHER ADMIN. MATTERS -- FI-27-89