THIS APPROVAL IS
FOR THE TEMPORARY REGULATIONS AND THE CORRESPONDING NOTICE OF
PROPOSED RULEMAKING.
Inventory as of this Action
Requested
Previously Approved
08/31/1987
08/31/1987
1,000
0
0
2,750
0
0
0
0
0
THIS TEMP. REGULATIONS ESTABLISHES
RULES UNDER SEC. 103(N) LIMITING THE AMOUNT OF ACTIVITY BONDS THAT
MAY BE ISSUED. PRIVATE ACTIVITY BOND STATUS CAN BE AVOIDED BY
HAVING CERTAIN USERS ELECT NOT TO CLAIM DEPRECIATION, THE TEMPORARY
REGULATIONS REQUIRE THAT THESE ELECTIONS BE RETAINED BY THE PERSON
MAKING THE ELECTION. GOVERNMENTAL UNITS WITH PRIVATE ACTIVITY BOND
AUTHORITY MAY CARRY FORWARD SUCH AUTHORITY BY FILING AN ELECTION
WITH THE INTERNAL REVENUE SERVICE.
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.