IRS should consider discontinuing the collection if the disaster relief will be or already has been phased out.
Inventory as of this Action
Requested
Previously Approved
07/31/2013
36 Months From Approved
06/30/2012
1,200
0
1,200
300
0
300
0
0
0
The Internal Revenue Service is suspending certain requirements under § 42 of the Internal Revenue Code for low-income housing credit projects to provide emergency housing relief needed as a result of the devastation in New York caused by either Hurricane Irene during the period of August 26, 2011 to September 5, 2011, or the remnants of Tropical Storm Lee during the period of September 7, 2011 to September 11, 2011.
US Code:
26 USC 42
Name of Law: Low income housing credit
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 2011-87.pdf
New York Disaster Relief Notice 2011 83-I Supporting Statement[1].doc
Notice 2011-87, New York Low-Income Housing Credit Disaster Relief