Proposed Collection; Comment Request for Low Sulfur Diesel Fuel Production Credit Publication: Federal Register Agency: Internal Revenue Service Byline: Kerry L. Dennis Date: 29 November 2021 Subjects: American Government , Petroleum

[Federal Register Volume 86, Number 226 (Monday, November 29, 2021)]
[Notices]
[Page 67796]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-25959]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Low Sulfur Diesel Fuel 
Production Credit

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Internal Revenue Service, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to take this opportunity to comment on 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. The IRS is soliciting comments concerning low 
sulfur diesel fuel production credit.

DATES: Written comments should be received on or before January 28, 
2022 to be assured of consideration.

ADDRESSES: Direct all written comments to Andres Garcia, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form should be directed to Kerry Dennis, at Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or through the internet, at Kerry.Dennis@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Low Sulfur Diesel Fuel Production Credit.
    OMB Number: 1545-1914.
    Form Number: Form 8896.
    Abstract: IRC section 45H allows small business refiners to claim a 
credit for the production of low sulfur diesel fuel. The American Jobs 
Creation Act of 2004 section 399 brought it into existence. Form 8896 
will allow taxpayers to use a standardized format to claim this credit.
    Current Actions: There are no changes to the form or burden 
previously approved.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 66.
    Estimated Time per Respondent: 3 hours, 59 minutes.
    Estimated Total Annual Burden Hours: 260.
    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.

    Approved: November 23, 2021.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2021-25959 Filed 11-26-21; 8:45 am]
BILLING CODE 4830-01-P