PS-19-92 (Final) Carryover Allocations and Other Rules Relating to the Low-Income Housing Credit

ICR 200708-1545-020

OMB: 1545-1102

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2007-08-16
Supporting Statement A
2007-08-16
ICR Details
1545-1102 200708-1545-020
Historical Active 200408-1545-036
TREAS/IRS
PS-19-92 (Final) Carryover Allocations and Other Rules Relating to the Low-Income Housing Credit
Extension without change of a currently approved collection   No
Regular
Approved without change 12/20/2007
Retrieve Notice of Action (NOA) 09/24/2007
  Inventory as of this Action Requested Previously Approved
12/31/2010 36 Months From Approved 12/31/2007
4,430 0 4,430
4,008 0 4,008
0 0 0

The regulations provide the Service the information it needs to ensure that low-income housing tax credits are being properly allocated under section 42. This is accomplished through the use of carryover allocation documents, election statements, and binding agreements executed between taxpayers (e.g. individuals, businesses, etc.) and housing credit agencies.

US Code: 26 USC 42 Name of Law: Low-income housing credit
  
None

Not associated with rulemaking

  72 FR 29039 05/23/2007
72 FR 52430 09/13/2007
No

1
IC Title Form No. Form Name
PS-19-92 (Final) Carryover Allocations and Other Rules Relating to the Low-Income Housing Credit

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 4,430 4,430 0 0 0 0
Annual Time Burden (Hours) 4,008 4,008 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Christopher Wilson 202 622-3040

  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.
09/24/2007


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