Renewable Electricity, Refined Coal, and Indian Coal Production Credit

Forms and Documents

Document Name	Status
Form 8835 Renewable Electricity Producation Credit Form and Instruction	Modified
Summary of Changes for 8835.pdf Justification for No Material/Nonsubstantive Change	2008-06-13
Expiration Explanation.rtf Supplementary Document	2007-09-11
8835.SUP.doc Supporting Statement A	2007-09-11

IC Document Collections

IC ID	Document Title	Status
40335	Renewable Electricity Producation Credit Form and Instruction	Modified

ICR Details

OMB Control No: 1545-1362	ICR Reference No: 200806-1545-019
Status: Historical Active	Previous ICR Reference No: 200709-1545-008
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: Renewable Electricity, Refined Coal, and Indian Coal Production Credit
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/05/2008
	Date Received in OIRA: 06/24/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2011	02/28/2011	02/28/2011
Responses	46	0	46
Time Burden (Hours)	904	0	943
Cost Burden (Dollars)	0	0	0

---

Abstract: Filers claiming the general business credit for electricity produced from certain renewable resources under code sections 38 and 45 must file Form 8835.

---

Authorizing Statute(s): US Code: 26 USC 38 Name of Law: General business credit
   US Code: 26 USC 45 Name of Law: Electricity produced from certain renewable resources, etc.
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 37077	07/06/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 57377	10/09/2007
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Renewable Electricity Producation Credit	8835	Renewable Electricity, Refined Coal, and Indian Coal Production Credit

---

ICR Summary of Burden

	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	46	46	0	0	0	0
Annual Time Burden (Hours)	904	943	0	-39	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Changing Forms

Short Statement: On lines 1 (section A) and 1 (section B) the factor used to calculate the credit for kilowatt-hours of electricity produced and sold is adjusted for inflation and changed to 0.021 (Notice 2008-48; IRC sec. 45(b)(2); IRC sec.45(e)(2)). On line 6 (section B) the factor used to calculate the credit for tons of refined coal produced and sold is adjusted for inflation and changed to $6.061 (Notice 2008-48; IRC sec. 45(e)(8)(C) and (A); IRC sec. 45(b)(2); IRC sec.45(e)(2)). On line 9 (section B) the factor used to calculate the credit for tons of Indian coal produced and sold is adjusted for inflation and changed to $1.589 (Notice 2008-48; IRC sec. 45(e)(10)(B) ; IRC sec. 45(b)(2); IRC sec.45(e)(2)). In addition to the usual places, the year is updated on lines 20, 21, and 22. Line 29a is rewritten as "Personal credits from Form 1040 or 1040NR (see instructions)" because the 2008 Form 1040 and 1040NR WRNs indicate the line references are changed. This new language eliminates the need to conform to future Forms 1040 and 1040NR WRNs that change the line references. The reference to Form 5735 is removed from line 29c because the American Samoan economic development credit is expired for tax years beginning in 2008 and has no carryforward provision. PL 109-432 sec.119(d) On line 34c, the Form 5884 line reference is changed to line 23 to conform to the 2008 Form 5884 WRN. Reserved for line 34d: The Form 6478 line reference is changed to conform to its 2nd 2008 WRN. On line 36 the Form 1040 and 1040NR line references are changed to line 54 and line 49, respectively, to conform to the 2008 Form 1040 and 1040NR WRNs.

---

Annual Cost to Federal Government: $550

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 06/24/2008

---