Notice2022-26314

Agency Information Collection Activities; Submission for OMB Review; Comment Request; Internal Revenue Service (IRS) Information Collection Request

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
December 5, 2022

Issuing agencies

Treasury Department

Abstract

The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.

Full Text

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<title>Federal Register, Volume 87 Issue 232 (Monday, December 5, 2022)</title>
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[Federal Register Volume 87, Number 232 (Monday, December 5, 2022)]
[Notices]
[Pages 74472-74473]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-26314]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Internal Revenue Service (IRS) Information 
Collection Request

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before January 4, 2023 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open

[[Page 74473]]

for Public Comments'' or by using the search function.
    Copies of the submissions may be obtained from Melody Braswell by 
emailing <a href="/cdn-cgi/l/email-protection#5404061514202631352721262d7a333b22"><span class="__cf_email__" data-cfemail="c9999b8889bdbbaca8babcbbb0e7aea6bf">[email&#160;protected]</span></a>, calling (202) 622-1035, or viewing the 
entire information collection request at <a href="http://www.reginfo.gov">www.reginfo.gov</a>.

SUPPLEMENTARY INFORMATION:

Internal Revenue Service (IRS)

    Title: Deduction for Energy Efficient Commercial Buildings.
    OMB Number: 1545-2004.
    Regulation Project Number: Notice 2006-52; Notice 2008-40.
    Form Number: IRS Form 7205.
    Abstract: These notices set forth a process that allows the owner 
of energy efficient commercial building property to certify that the 
property satisfies the requirements of section 179D(c)(1) and (d). 
These notices also provide a procedure whereby the developer of 
computer software may certify to the Internal Revenue Service that the 
software is acceptable for use in calculating energy and power 
consumption for purposes of section 179D of the Code. IRS Form 7205 
will be used to claim the deduction for energy efficient commercial 
buildings.
    Current Actions: IRS is creating Form 7205 to standardize the 
procedures for claiming the deduction for energy efficient commercial 
building and renewing without changes to the Notices.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households, Businesses, and other 
for-profit organizations.
    Estimated Number of Respondents: 21,767.
    Estimated Time per Respondent: 1.03 hours.
    Estimated Total Annual Burden Hours: 22,421.
    The following paragraph applies to all the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained if their 
contents may become material in the administration of any internal 
revenue law. Generally, tax returns and tax return information are 
confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Authority: 44 U.S.C. 3501 et seq.

Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2022-26314 Filed 12-2-22; 8:45 am]
BILLING CODE 4830-01-P


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Indexed from Federal Register on December 5, 2022.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.