Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues, Form 8038-G, Information Return for Tax-Exempt Governmental Obligation, and Form 8038-GC, Information Return for

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form 8038-GC Information Return for Small Tax-Exempt Governmental Bond Issues, Leases, and Installment Sales	Form and Instruction	New	Available
Form 8038-G Information Return for Tax-Exempt Governmental Obligation	Form	New	Available
Form 8038 Information Return for Tax-Exempt Private Activity Bond Issues	Form	Modified	Available
OMB 1545-0720.doc	Justification for No Material/Nonsubstantive Change	Uploaded 2009-10-01	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
190875	8038-GC - Information Return for Small Tax-Exempt Governmental Bond Issues, Leases, and Installment Sales	Form and Instruction	New	Information Return for Small Tax-Exempt Governmental Bond Issues, Leases, and Installment Sales
190874	Form 8038-G - Information Return for Tax-Exempt Governmental Obligation	Instruction	New
190874	Form 8038-G - Information Return for Tax-Exempt Governmental Obligation	Form	New	Information Return for Tax-Exempt Governmental Obligation
17334	Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues	Instruction	Modified
17334	Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues	Form	Modified	Information Return for Tax-Exempt Private Activity Bond Issues

ICR Details

OMB Control No: 1545-0720	ICR Reference No: 200906-1545-043
Status: Historical Active	Previous ICR Reference No: 200705-1545-013
Agency/Subagency: TREAS/IRS	Agency Tracking No: db-0720-043
Title: Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues, Form 8038-G, Information Return for Tax-Exempt Governmental Obligation, and Form 8038-GC, Information Return for
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: 02/02/2010
Retrieve Notice of Action (NOA)	Date Received in OIRA: 12/01/2009
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2010	07/31/2010	07/31/2010
Responses	39,491	0	39,491
Time Burden (Hours)	831,714	0	293,900
Cost Burden (Dollars)	0	0	0

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Abstract: Forms 8038, 8038-G, and 8038-GC collect the information that IRS is required to collect by Code section 149(e). IRS uses the information to assure that tax-exempt bonds are issued consistent with the rules of IRC sections 141-149.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 8067	02/22/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 28553	05/21/2007
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 3

table that charts list of burden

IC Title	Form No.	Form Name
8038-GC - Information Return for Small Tax-Exempt Governmental Bond Issues, Leases, and Installment Sales	8038-GC	Information Return for Small Tax-Exempt Governmental Bond Issues, Leases, and Installment Sales
Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues	8038	Information Return for Tax-Exempt Private Activity Bond Issues
Form 8038-G - Information Return for Tax-Exempt Governmental Obligation	8038-G	Information Return for Tax-Exempt Governmental Obligation

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ICR Summary of Burden

table that charts list 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	39,491	39,491	0	0	0	0
Annual Time Burden (Hours)	831,714	293,900	0	0	537,814	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: No

Burden Reduction Due to:

Short Statement: Forms 8038, 8038-G, and 8038-GC collect the information that IRS is required to collect by Code section 149(e). There were no changes to the forms previously approved by OMB, however corrections were made to the burden estimates to accurately reflect the burden associated with each individual document. These corrections result in a burden increase of 537,814 hours over what was previously approved by OMB.

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Annual Cost to Federal Government: $0

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)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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: 12/01/2009

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