This information is required by the Internal Revenue Service to verify compliance with sections 57, 103, 141, 142, 144, 145, and 147 of the Internal Revenue Code of 1986, as applicable (including any corresponding provision, if any, of the Internal Revenue Code of 1954). This information will be used by the Service to enter into a closing agreement with the issuer of certain state or local bonds and to establish the closing agreement amount.
US Code:
26 USC 103
Name of Law: Interest on State and local bonds
US Code:
26 USC 57
Name of Law: Items of tax preference
US Code:
26 USC 141
Name of Law: Private activity bond; qualified bond
US Code:
26 USC 142
Name of Law: Exempt facility bond
US Code:
26 USC 144
Name of Law: Qualified small issue bond; qualified student loan bond; qualified redevelopment bond
US Code:
26 USC 145
Name of Law: Qualified 501(c)(3) bond
US Code:
26 USC 147
Name of Law: Other requirements applicable to certain private activity bonds
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.
Rev Proc 97-15_Supporting Statement.doc
RP 97-15_02031997.pdf
Revenue Procedure 97-15, Section 103 - Remedial Payment Closing Agreement Program