SECTION 9. PAPERWORK

REDUCTION ACT

The collection of information contained in this notice has been submitted to the Office of Management and Budget in accordance with the Paperwork Reduction Act (PRA) (44 U.S.C. 3507) under control number 1545-2000. 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.

The collections of information in this notice are in sections 6 and 7. The sec

tion 6 requirements are not defined as a collection of information under 5 CFR 1320.3(c). The information collection requirements contained in section 7 will be submitted to OMB for review and approval in accordance with 5 CFR 1320.10.

Section 7 provides procedures for a qualified public entity to make an election to transfer the § 45J credits to an eligible project partner (a third-party disclosure under the PRA). The information will be used to determine the portion of the § 45J credits to which an eligible project partner is entitled. An eligible project partner will use the election statement to claim the § 45J credit. This information is required to be collected and retained for taxpayers to claim the § 45J credit.

The collection of information is required to obtain a benefit. The likely respondents are corporations and partnerships.

The estimated total annual reporting burden is 406 hours.

The estimated annual burden per respondent is 5.07 hours. The estimated number of respondents is 80.

The estimated frequency of responses is on occasion.

Books or records relating to a collection of information must be retained as long as 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 § 6103 of the Code.