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Federal Register / Vol. 62, No. 28 / Tuesday, February 11, 1997 / Notices6303related avionics equipment, and for theallocation of scarce resources for theconstruction or expansion of runwaysand other airport facilities.Historical enplanement data arerequired to produce short, medium, andlong range passenger demand forecastsfor all airports with passenger service.These forecasts are presented in theTAF data base, which containsapproximately 4,000 airports, includingall airports in the NPIAS. TAFenplanement data are used in thepreparation of various airport masterplans and in response to requests forspecific airport information fromCongress, states, and the general public.Historical passenger enplanementdata, aircraft departure data, and freightand mail tons enplaned by airport areall used to project air carrier traffic andcargo activity levels for hub airports.Cost/Benefit AnalysisSafety rules proposed by the FAAoperating units are submitted foreconomic analysis. Under establishedcosting methodologies, which usevarious cost and traffic data, accidentdata, and risk analysis, the proposedrules are evaluated on (1) a cost/benefitbasis, (2) regulatory flexibility basis and,(3) an international trade impact basis.Allocation of Airport and AirwaysImprovement FundsA revenue passenger enplanementformula prescribed in the Airport andAirway Improvement Act of 1982 isused to determine the amount of fundsto be allocated to each airport. Form298–C schedules that identify revenuepassengers enplaned at individualairports in the United States and TrustTerritories, are used for the formula.Since several airports in the nationalsystem are heavily involved in airfreight, all-cargo data, such as revenuetons enplaned and aircraft departures,are used to plan for future needs ofthose airports. Scheduled aircraftdepartures by aircraft type by airport areused in determining the practicalannual capacity (PANCAP) at airports,as prescribed in FAA Advisory Circular‘‘Airport Capacity Criteria Used inPreparing the National Airport Plan.’’PANCAP is a safety-related benchmarkmeasure which indicates when airportmanagement should be concerned aboutcapacity problems, delays and possibleneeded airport expansion or runwayconstruction.Noise AbatementAir carrier traffic data by airport areused in assessing the level andfrequency of service at individualairports in order to determine theenvironmental noise impact of carrieroperations. Also, aircraft operating dataare used to assess carrier compliancewith noise abatement agreements.Timothy E. Carmody,Director, Office of Airline Information,Bureau of Transportation Statistics.[FR Doc. 97–3331 Filed 2–10–97; 8:45 am]BILLING CODE 4910–FE–PDEPARTMENT OF THE TREASURYInternal Revenue Service[CO–62–89]Proposed Collection; CommentRequest For Regulation ProjectAGENCY: Internal Revenue Service (IRS),Treasury.ACTION: Notice and request forcomments.SUMMARY: The Department of theTreasury, as part of its continuing effortto reduce paperwork and respondentburden, invites the general public andother Federal agencies to take thisopportunity to comment on proposedand/or continuing informationcollections, as required by thePaperwork Reduction Act of 1995,Public Law 104–13 (44 U.S.C.3506(c)(2)(A)). Currently, the IRS issoliciting comments concerning anexisting final regulation, CO–62–89 (TD8407), Final Regulations Under Section382 of the Internal Revenue Code of1986; Limitations on Corporate NetOperating Loss Carryforwards (§ 1.382–3).DATES: Written comments should bereceived on or before April 14, 1997 tobe assured of consideration.ADDRESSES: Direct all written commentsto Garrick R. Shear, Internal RevenueService, room 5571, 1111 ConstitutionAvenue NW., Washington, DC 20224.FOR FURTHER INFORMATION CONTACT:Requests for additional information orcopies of the information collectionshould be directed to Carol Savage,(202) 622–3945, Internal RevenueService, room 5569, 1111 ConstitutionAvenue NW., Washington, DC 20224.SUPPLEMENTARY INFORMATION:Title: Final Regulations Under Section382 of the Internal Revenue Code of1986; Limitations on Corporate NetOperating Loss Carryforwards.OMB Number: 1545–1260.Regulation Project Number: CO–62–89.Abstract: Internal Revenue Codesection 382(l)(5) provides relief from theapplication of the section 382 limitationfor bankruptcy reorganizations in whichthe pre-change shareholders andqualified creditors maintain asubstantial continuing interest in theloss corporation. These regulationsconcern the election a taxpayer maymake to treat as the change date theeffective date of a plan of reorganizationin a title 11 or similar case rather thanthe confirmation date of a plan.Current Actions: There is no change tothis existing regulation.Type of Review: Extension of OMBapproval.Affected Public: Business or other forprofitorganizations.Estimated Number of Respondents:10.Estimated Time Per Respondent: 5minutes.Estimated Total Annual BurdenHours: 1.The following paragraph applies to allof the collections of information coveredby this notice:An agency may not conduct orsponsor, and a person is not required torespond to, a collection of informationunless the collection of informationdisplays a valid OMB control number.Books or records relating to a collectionof information must be retained as longas their contents may become materialin the administration of any internalrevenue law. Generally, tax returns andtax return information are confidential,as required by 26 U.S.C. 6103.Request for CommentsComments submitted in response tothis notice will be summarized and/orincluded in the request for OMBapproval. All comments will become amatter of public record. Comments areinvited on: (a) Whether the collection ofinformation is necessary for the properperformance of the functions of theagency, including whether theinformation shall have practical utility;(b) the accuracy of the agency’s estimateof the burden of the collection ofinformation; (c) ways to enhance thequality, utility, and clarity of theinformation to be collected; (d) ways tominimize the burden of the collection ofinformation on respondents, includingthrough the use of automated collectiontechniques or other forms of informationtechnology; and (e) estimates of capitalor start-up costs and costs of operation,maintenance, and purchase of servicesto provide information.Approved: February 5, 1997.Garrick R. Shear,IRS Reports Clearance Officer.[FR Doc. 97–3400 Filed 1–10–97; 8:45 am]BILLING CODE 4830–01–U