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68238 Federal Register / Vol. 67, No.

217 / Friday, November 8, 2002 / Notices

FEDERAL DEPOSIT INSURANCE address for Reconciliation submissions the Accelerated Cost Recovery System
CORPORATION for the port of NY/Newark. (§ 1.168(d)–1(b)(7)).
Robert E. Feldman, In the third paragraph of the DATES: Written comments should be
Executive Secretary ‘‘Background’’ section of the general received on or before January 7, 2003, to
[FR Doc. 02–28435 Filed 11–7–02; 8:45 am] notice, it stated that among the topics be assured of consideration.
BILLING CODE: OCC: 4810–33–S 1/3; Board: 6210–01–S; related to the test for which Customs ADDRESSES: Direct all written comments
1/3; FDIC: 6714–01–S; 1/3 was providing clarifications and to Glenn Kirkland, Internal Revenue
reminders was the ‘‘right to file Service, room 6411, 1111 Constitution
Reconciliation entries.’’ Inadvertently, Avenue NW., Washington, DC 20224.
DEPARTMENT OF THE TREASURY the language reminding Reconciliation
FOR FURTHER INFORMATION CONTACT:
test participants who has the right to file
Customs Service entries under the test was omitted from Requests for additional information or
the ‘‘Clarifications and Reminders’’ copies of the regulation should be
Modification and Clarification of directed to Larnice Mack (202) 622–
Procedures of the National Customs section of the notice.
This document sets forth the omitted 3179, or through the Internet
Automation Program Test Regarding (Larnice.Mack@irs.gov), Internal
language.
Reconciliation; Correction Revenue Service, room 6407, 1111
Correction Constitution Avenue NW., Washington,
AGENCY: Customs Service, Treasury.
In general notice FR Doc 02–24588, DC 20224.
ACTION: General notice; correction.
published on September 27, 2002 (67 FR SUPPLEMENTARY INFORMATION:
SUMMARY: On September 27, 2002, 61200), make the following correction: Title: Applicable Conventions Under
Customs published a document in the On page 61204, in the second column, the Accelerated Cost Recovery System.
Federal Register which announced immediately before the section entitled OMB Number: 1545–1146. Regulation
modifications to the Customs ‘‘Updated Address and ABI Filing Project Number: PS–54–89 Final.
Automated Commercial System (ACS) Information for NY/Newark Port 1001,’’ Abstract: The regulations describe the
Reconciliation prototype test and insert the following section: time and manner of making the notation
clarified certain aspects of the test. The required to be made on Form 4562,
Right to File Reconciliation Entries under certain circumstances when the
notice stated that among the topics
related to the test for which Customs Customs reminds test participants taxpayer transfers property in certain
was providing clarifications and that the filing of a Reconciliation entry, non-recognition transactions. The
reminders was the ‘‘right to file like the filing of a regular consumption information is necessary to monitor
Reconciliation entries.’’ The language entry, is governed by 19 U.S.C. 1484 and compliance with section 168 of the
reminding test participants who has the can be done only by the importer of Internal Revenue Code.
right to file entries under the test was record as defined in that statute. Current Actions: There is no change to
inadvertently omitted from the notice. Dated: November 5, 2002. this existing regulation.
This document sets forth the omitted Jayson P. Ahern, Type of Review: Extension of a
language. currently approved collection.
Assistant Commissioner, Office of Field
Operations.
Affected Public: Business or other for-
DATES: Effective as of November 8, 2002.
profit organizations, and farms.
FOR FURTHER INFORMATION CONTACT: Mr. [FR Doc. 02–28464 Filed 11–7–02; 8:45 am]
Estimated Number of Respondents:
John Leonard at (202) 927–0915 or Ms. BILLING CODE 4820–02–P
700.
Christine Furgason at (202) 927–2293. Estimated Time Per Respondent: 6
Additional information regarding the min.
test can be found at http:// DEPARTMENT OF THE TREASURY
Estimated Total Annual Burden
www.customs.gov/recon. Email Hours: 70 hours.
inquiries may be sent to: Internal Revenue Service
The following paragraph applies to all
Recon.Help@customs.treas.gov. [PS–54–89] of the collections of information covered
SUPPLEMENTARY INFORMATION: by this notice:
Proposed Collection; Comment An agency may not conduct or
Background Request for Regulation Project sponsor, and a person is not required to
A general notice document was AGENCY: Internal Revenue Service (IRS), respond to, a collection of information
published in the Federal Register (67 Treasury. unless the collection of information
FR 61200) on Friday September 27, ACTION: Notice and request for displays a valid OMB control number.
2002, to announce certain modifications comments. Books or records relating to a collection
to the Automated Commercial System of information must be retained as long
(ACS) Reconciliation Prototype test SUMMARY: The Department of the as their contents may become material
regarding NAFTA Reconciliation Treasury, as part of its continuing effort in the administration of any internal
entries, the method for filing to reduce paperwork and respondent revenue law. Generally, tax returns and
Reconciliation entries covering flagged burden, invites the general public and tax return information are confidential,
entry summaries for which liquidated other Federal agencies to take this as required by 26 U.S.C. 6103.
damages have been assessed, acceptance opportunity to comment on proposed Request for Comments: Comments
of compact disks for Reconciliation and/or continuing information submitted in response to this notice will
spreadsheets, and applicability to test collections, as required by the be summarized and/or included in the
participants of previously suspended Paperwork Reduction Act of 1995, request for OMB approval. All
regulatory provisions of part 111, Public Law 104–13 (44 U.S.C. comments will become a matter of
Customs Regulations. The notice also 3506(c)(2)(A)). Currently, the IRS is public record. Comments are invited on:
provided clarifications and reminders to soliciting comments concerning an (a) Whether the collection of
test participants regarding certain other existing final regulation, PS–54–89 (TD information is necessary for the proper
aspects of the test and announced a new 8444). Applicable Conventions Under performance of the functions of the

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