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Federal forms, ICRs, and supporting documents

Information Collection Request

REG-155608-02 (NPRM) Revised Regulations Concerning Section 403(b) Tax-Sheltered Annuity Contracts

ICR 200702-1545-026 · OMB 1545-2068 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
178766 Revised Regulations Concerning Section 403(b) Tax-Sheltered Annuity Contracts New
ICR Details
1545-2068 200702-1545-026
Historical Active
TREAS/IRS CB-1545-026
REG-155608-02 (NPRM) Revised Regulations Concerning Section 403(b) Tax-Sheltered Annuity Contracts
New collection (Request for a new OMB Control Number)   No
Emergency 02/22/2007
Approved without change 02/22/2007
Retrieve Notice of Action (NOA) 02/21/2007
  Inventory as of this Action Requested Previously Approved
08/31/2007 6 Months From Approved
90,000 0 0
45,000 0 0
0 0 0
The collection of information in the regulations is in § 1.403(b)-10(b)(2) of the Income Tax Regulations, requiring, in the case of certain exchanges or transfers, that the section 403(b) plan sponsor or administrator enter into an agreement to exchange certain information with vendors of section 403(b) contracts. Such information exchange is necessary to ensure compliance with tax law requirements relating to loans and hardship distributions from section 403(b) plans.
This is an emergency submission because Chief Counsel of Treasury has decided to make this NPRM regulation an emergency.
US Code: 26 USC 6103 Name of Law: null
  
None
1545-BB64 Final or interim final rulemaking
No
1
IC Title Form No. Form Name
Revised Regulations Concerning Section 403(b) Tax-Sheltered Annuity Contracts
  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 90,000 0 0 90,000 0 0
Annual Time Burden (Hours) 45,000 0 0 45,000 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
Burden changes made due to instructions from Treasury's General Counsel.
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
John Tolleris 202 622-6060
  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.
02/21/2007