60-day notice

44710

Federal Register / Vol. 77, No. 146 / Monday, July 30, 2012 / Notices

driver response just as intensely as
interstate driving conditions. The
veteran drivers in this proceeding have
operated CMVs safely under those
conditions for at least 3 years, most for
much longer. Their experience and
driving records lead us to believe that
each applicant is capable of operating in
interstate commerce as safely as he/she
has been performing in intrastate
commerce. Consequently, FMCSA finds
that exempting these applicants from
the vision requirement in 49 CFR
391.41(b)(10) is likely to achieve a level
of safety equal to that existing without
the exemption. For this reason, the
Agency is granting the exemptions for
the 2-year period allowed by 49 U.S.C.
31136(e) and 31315 to the 12 applicants
listed in the notice of June 4, 2012 (77
FR 33017).
We recognize that the vision of an
applicant may change and affect his/her
ability to operate a CMV as safely as in
the past. As a condition of the
exemption, therefore, FMCSA will
impose requirements on the 12
individuals consistent with the
grandfathering provisions applied to
drivers who participated in the
Agency’s vision waiver program.
Those requirements are found at 49
CFR 391.64(b) and include the
following: (1) That each individual be
physically examined every year (a) by
an ophthalmologist or optometrist who
attests that the vision in the better eye
continues to meet the requirement in 49
CFR 391.41(b)(10) and (b) by a medical
examiner who attests that the individual
is otherwise physically qualified under
49 CFR 391.41; (2) that each individual
provide a copy of the ophthalmologist’s
or optometrist’s report to the medical
examiner at the time of the annual
medical examination; and (3) that each
individual provide a copy of the annual
medical certification to the employer for
retention in the driver’s qualification
file, or keep a copy in his/her driver’s
qualification file if he/she is selfemployed. The driver must have a copy
of the certification when driving, for
presentation to a duly authorized
Federal, State, or local enforcement
official.

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Discussion of Comments
FMCSA received no comments in this
proceeding.
Conclusion
Based upon its evaluation of the 12
exemption applications, FMCSA
exempts Robert F. Bennett (NJ), Dale W.
Coblentz (MT), Michael L. Dean (MI),
Damon G. Gallardo (CA), Marc D.
Groszkrueger (IA), Daniel L. Grover
(KS), James E. Modaffari (OR), Gerardus

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C. Molenaar (PA), James J. Narkewich
(MA), Philip N. Polcastro (NY), Gregory
A. Reinert (MN) and Scott J. Schlenker
(WA) from the vision requirement in 49
CFR 391.41(b)(10), subject to the
requirements cited above (49 CFR
391.64(b)).
In accordance with 49 U.S.C. 31136(e)
and 31315, each exemption will be valid
for 2 years unless revoked earlier by
FMCSA. The exemption will be revoked
if: (1) The person fails to comply with
the terms and conditions of the
exemption; (2) the exemption has
resulted in a lower level of safety than
was maintained before it was granted; or
(3) continuation of the exemption would
not be consistent with the goals and
objectives of 49 U.S.C. 31136 and 31315.
If the exemption is still effective at the
end of the 2-year period, the person may
apply to FMCSA for a renewal under
procedures in effect at that time.
Issued on: July 18, 2012.
Larry W. Minor,
Associate Administrator for Policy.
[FR Doc. 2012–18567 Filed 7–27–12; 8:45 am]
BILLING CODE 4910–EX–P

DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
Information Collection Activities
(Depreciation Studies)
60-day notice and request for
comments.

ACTION:

As part of its continuing effort
to reduce paperwork burdens, and as
required by the Paperwork Reduction
Act of 1995, 44 U.S.C. 3501–3519 (PRA),
the Surface Transportation Board
(Board) gives notice of its intent to
request from the Office of Management
and Budget (OMB) the information
collection—Rail Depreciation Studies—
further described below.
Comments are requested concerning
(1) whether this collection of
information is necessary for the proper
performance of the functions of the
Board, including whether the collection
has practical utility; (2) the accuracy of
the Board’s burden estimates; (3) ways
to enhance the quality, utility, and
clarity of the information collected; and
(4) ways to minimize the burden of the
collection of information on the
respondents, including the use of
automated collection techniques or
other forms of information technology,
when appropriate. Submitted comments
will be included and/or summarized in
the Board’s request for OMB approval.
DATES: Written comments are due on
September 28, 2012.
SUMMARY:

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Direct all comments to
Marilyn Levitt, Surface Transportation
Board, Suite 1260, 395 E Street SW.,
Washington, DC 20423–0001, or to
levittm@stb.dot.gov. Comments should
be identified as ‘‘Paperwork Reduction
Act Comments,’’ and should refer to the
title of the collection commented upon.
FOR FURTHER INFORMATION CONTACT: For
additional information or copies of the
information collection(s) contact Paul
Aguiar at (202) 245–0323 or aguiarp@
stb.dot.gov. [Federal Information Relay
Service (FIRS) for the hearing impaired:
(800) 877–8339.]
Subjects: In this notice the Board is
requesting comments on the following
information collection:
Title: Rail Depreciation Studies.
OMB Control Number: 2140–XXXX.
Form Number: None.
Type of Review: Collection in
existence without a Control Number.
Respondents: Class I railroads.
Number of Respondents: 7.
Estimated Time per Response:
Between 500 and 540 hours annually,
depending on whether the rail-carrier
respondent has significant assistance
from outside consultants, resulting in an
average of 515 hours per response.
Frequency of Response: Every 3 years
for equipment; every 6 years for other
depreciable property.
Total Annual Hour Burden: 3,605
hours (515 hours × 7 Class I railroads).
Total Annual ‘‘Non-Hour Burden’’
Cost: Between $8,340 and $30,000
annually, depending on whether the
rail-carrier respondent has significant
assistance from outside consultants,
resulting in an annual average of
$20,500 and a cumulative total for all 7
Class I railroads of $143,500.
Needs and Uses: Under 49 U.S.C.
11145, the Board is required to identify
those classes of property for which rail
carriers may include depreciation
charges under operating expenses and
the Board must also prescribe a rate of
depreciation that may be charged to
those classes of property. Pursuant to
the Board’s authority under § 11145,
Class I (large) rail carriers are required
to submit to the Board Depreciation
Studies. Information in these studies is
not available from any other source. The
Board uses the information in these
studies to prescribe depreciation rates.
These depreciation rate prescriptions
state the period for which the
depreciation rates therein are
applicable. Class I railroads apply the
prescribed depreciation rates to their
investment base to determine monthly
and annual depreciation expense. This
expense is included in the railroads’
operating expenses, which are reported
ADDRESSES:

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Federal Register / Vol. 77, No. 146 / Monday, July 30, 2012 / Notices
in their R–1 reports (OMB Control
Number 2140–0009). Operating
expenses are used to develop operating
costs for application in various
proceedings before the Board, such as in
rate reasonableness cases and in the
determination of railroad revenue
adequacy.
Under the
PRA, a Federal agency conducting or
sponsoring a collection of information
must display a currently valid OMB
control number. A collection of
information, which is defined in 44
U.S.C. 3502(3) and 5 CFR 1320.3(c),
includes agency requirements that
persons submit reports, keep records, or
provide information to the agency, third
parties, or the public. Under
§ 3506(c)(2)(A) of the PRA, Federal
agencies are required, prior to
submitting a collection to OMB for
approval, to provide a 60-day notice and
comment period through publication in
the Federal Register concerning each
proposed collection of information,
including each proposed extension of an
existing collection of information.

SUPPLEMENTARY INFORMATION:

Dated: July 24, 2012.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2012–18428 Filed 7–27–12; 8:45 am]
BILLING CODE 4915–01–P

DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request

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July 25, 2012.

The Department of the Treasury will
submit the following information
collection request to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, Public Law 104–13, on or after the
date of publication of this notice.
DATES: Comments should be received on
or before August 29, 2012 to be assured
of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestion for reducing the burden, to
(1) Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Treasury, New Executive Office
Building, Room 10235, Washington, DC
20503, or email at
OIRA_Submission@OMB.EOP.GOV and
(2) Treasury PRA Clearance Officer,
1750 Pennsylvania Ave. NW., Suite
8140, Washington, DC 20220, or email
at PRA@treasury.gov.

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FOR FURTHER INFORMATION CONTACT:

Copies of the submission(s) may be
obtained by calling (202) 927–5331,
email at PRA@treasury.gov, or the entire
information collection request maybe
found at www.reginfo.gov.
Internal Revenue Service (IRS)
OMB Number: 1545–0132.
Type of Review: Extension without
change of a currently approved
collection.
Title: Amended U.S. Corporation
Income Tax Return.
Form: 1120–X.
Abstract: Domestic corporations use
Form 1120X to correct a previously filed
Form 1120 or 1120A. The data is used
to determine if the correct tax liability
has been reported.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours:
300,582.
OMB Number: 1545–0140.
Type of Review: Extension without
change of a currently approved
collection.
Title: Form 2210, Underpayment of
Estimated Tax by Individuals, Estate,
and Trusts; Form 2210–F,
Underpayment of Estimated Tax by
Farmers and Fishermen.
Form: 2210, 2210–F.
Abstract: Internal Revenue Code
section 6654 imposes a penalty for
failure to pay estimated tax. These forms
are used by taxpayers to determine
whether they are subject to the penalty
and to compute the penalty if it applies.
The Service uses this information to
determine whether the taxpayer is
subject to the penalty, and to verify the
penalty amount.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours:
2,405,663.
OMB Number: 1545–0820.
Type of Review: Extension without
change of a currently approved
collection.
Title: REG–122917–02 (Final)
Statutory Options.
Abstract: The affected public includes
corporations that transfer stock to
employees after 1979 pursuant to the
exercise of a statutory stock option. The
corporation must furnish the employee
receiving the stock with a written
statement describing the transfer. The
statement will assist the employee in
filing their tax return.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours:
16,650.

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OMB Number: 1545–1086.

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44711

Type of Review: Extension without
change of a currently approved
collection.
Title: Excise Tax on Greenmail.
Form: 8725.
Abstract: Form 8725 is used by
persons who receive ‘‘greenmail’’ to
compute and pay the excise tax on
greenmail imposed under section 5881.
IRS uses the information to verify that
the correct amount of tax has been
reported.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours: 92.
OMB Number: 1545–1225.
Type of Review: Extension without
change of a currently approved
collection.
Title: Notice of Plan Merger or
Consolidation, Spinoff, or Transfer of
Plan Assets or Liabilities; Notice of
Qualified Separate Lines of Business.
Form: 5310–A.
Abstract: Plan administrators are
required to notify IRS of any plan
mergers, consolidations, spinoffs, or
transfers of plan assets or liabilities to
another plan. Employers are required to
notify IRS of separate lines of business
for their deferred compensation plans.
Form 5310–A is used to make these
notifications.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours:
158,800.
OMB Number: 1545–1227.
Type of Review: Extension without
change of a currently approved
collection.
Title: FI–104–90—Final Tax
Treatment of Salvage and Reinsurance
(TD 8390).
Abstract: The regulation provides a
disclosure requirement for an insurance
company that increases losses shown on
its annual statement by the amount of
estimated salvage recoverable taken into
account.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours: 5,000.
OMB Number: 1545–1241.
Type of Review: Extension without
change of a currently approved
collection.
Title: PS–92–90 (TD 8395) Special
Valuation Rules.
Abstract: Section 2701 of the Internal
Revenue Code allows various elections
by family members who make gifts of
common stock or partnership interests
and retain senior interest. The elections
affect the value of the gifted interests
and the retained interests. This
document contains final regulations
relating to chapter 14 of the Internal

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