Sections 47 and 170(h) of the Internal
Revenue Code require the Secretary of the Interior to certify to
the Secretary of the Treasury whether (1) properties are historic
structures, and (2) rehabilitation work on such properties is
consistent with their historic character. These certifications are
necessary for applicants to receive a Federal income tax credit for
rehabilitation (sec. 47), or an income tax deduction for charitable
contributions for conservation purposes (sec. 170(h)).
US Code:
26
USC 170 Name of Law: Qualified Conservation Contributions
US Code: 26 USC
47 Name of Law: Qualified Rehabilitated Buildings
We are estimating 5,578
responses, 25,798 annual burden hours, and $7,001,644 in nonhour
burden costs for this information collection. This an increase of
1,578 responses and $5,723,644 in nonhour burden costs, and a
decrease of 54,202 burden hours. We are reporting as a program
change, an increase of 1780 responses and 2804 hours associated
with completion of Form 10-168b. Burden for this form was not
included in previous approvals for this information collection
because it was a continuation sheet. The form is now an amendment,
and we are reporting the burden associated with amending previous
applications. Contractor costs of $640,800 for completion of this
form are also included as a program change. We are reporting as an
adjustment: A decrease of 202 responses based on our experience
over the past 3 years. A decrease of 57006 burden hours, and an
increase of $5,082,844 in nonhour burden costs. We have reduced the
burden hours for businesses and increased the nonhour burden cost
associated with contractor costs. Approximately 75% of responses
are supplied by contractors/ consultants hired by businesses; the
hours worked by consultants and the costs associated with these
hours now appear in Item 13. Burden hours for businesses submitting
applications are therefore lower than for individuals, who prepare
the information collection themselves in the overwhelming majority
of cases.
$1,847,029
No
No
Uncollected
Uncollected
No
Uncollected
Cartina Miller 202 354-6946
Cartina_Miller@nps.gov
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.