Proposed Collection; Comment Request for Regulation Project, 20296-20297 [2015-08653]
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20296
Federal Register / Vol. 80, No. 72 / Wednesday, April 15, 2015 / Notices
The 2015 inflation adjustment
factor and reference prices apply to
calendar year 2015 sales of kilowatt
hours of electricity produced in the
United States or a possession thereof
from qualified energy resources and to
2015 sales of refined coal produced in
the United States or a possession
thereof.
Inflation Adjustment Factor: The
inflation adjustment factor for calendar
year 2015 for qualified energy resources
and refined coal is 1.5336.
Reference Prices: The reference price
for calendar year 2015 for facilities
producing electricity from wind is 4.50
cents per kilowatt hour. The reference
prices for fuel used as feedstock within
the meaning of section 45(c)(7)(A)
(relating to refined coal production) are
$31.90 per ton for calendar year 2002
and $57.64 per ton for calendar year
2015. The reference prices for facilities
producing electricity from closed-loop
biomass, open-loop biomass, geothermal
energy, solar energy, small irrigation
power, municipal solid waste, qualified
hydropower production, and marine
and hydrokinetic renewable energy have
not been determined for calendar year
2015.
Phaseout Calculation: Because the
2015 reference price for electricity
produced from wind (4.50 cents per
kilowatt hour) does not exceed 8 cents
multiplied by the inflation adjustment
factor (1.5336), the phaseout of the
credit provided in section 45(b)(1) does
not apply to such electricity sold during
calendar year 2015. Because the 2015
reference price of fuel used as feedstock
for refined coal ($57.64) does not exceed
$83.17 (which is the $31.90 reference
price of such fuel in 2002 multiplied by
the inflation adjustment factor (1.5336)
and 1.7), the phaseout of the credit
provided in section 45(e)(8)(B) does not
apply to refined coal sold during
calendar year 2015. Further, for
electricity produced from closed-loop
biomass, open-loop biomass, geothermal
energy, solar energy, small irrigation
power, municipal solid waste, qualified
hydropower production, and marine
and hydrokinetic renewable energy, the
phaseout of the credit provided in
section 45(b)(1) does not apply to such
electricity sold during calendar year
2015.
Credit Amount by Qualified Energy
Resource and Facility and Refined Coal:
As required by section 45(b)(2), the 1.5
cent amount in section 45(a)(1), the 8
cent amount in section 45(b)(1), and the
$4.375 amount in section 45(e)(8)(A) are
each adjusted by multiplying such
amount by the inflation adjustment
factor for the calendar year in which the
sale occurs. If any amount as increased
tkelley on DSK3SPTVN1PROD with NOTICES
DATES:
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under the preceding sentence is not a
multiple of 0.1 cent, such amount is
rounded to the nearest multiple of 0.1
cent. In the case of electricity produced
in open-loop biomass facilities, small
irrigation power facilities, landfill gas
facilities, trash facilities, qualified
hydropower facilities, and marine and
hydrokinetic renewable energy
facilities, section 45(b)(4)(A) requires
the amount in effect under section
45(a)(1) (before rounding to the nearest
0.1 cent) to be reduced by one-half.
Under the calculation required by
section 45(b)(2), the credit for renewable
electricity production for calendar year
2015 under section 45(a) is 2.3 cents per
kilowatt hour on the sale of electricity
produced from the qualified energy
resources of wind, closed-loop biomass,
geothermal energy, and solar energy,
and 1.2 cents per kilowatt hour on the
sale of electricity produced in open-loop
biomass facilities, small irrigation
power facilities, landfill gas facilities,
trash facilities, qualified hydropower
facilities, and marine and hydrokinetic
renewable energy facilities. Under the
calculation required by section 45(b)(2),
the credit for refined coal production for
calendar year 2015 under section
45(e)(8)(A) is $6.710 per ton on the sale
of qualified refined coal.
FOR FURTHER INFORMATION CONTACT:
Jennifer A. Records, CC:PSI:6, Internal
Revenue Service, 1111 Constitution
Avenue NW., Washington, DC 20224,
(202) 317–6853 (not a toll-free number).
Christopher T. Kelley,
Special Counsel to the Associate Chief
Counsel (Passthroughs and Special
Industries).
[FR Doc. 2015–08650 Filed 4–14–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Department of the
Treasury, 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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). The IRS is soliciting
SUMMARY:
PO 00000
Frm 00100
Fmt 4703
Sfmt 4703
comments concerning information
collection requirements related to real
estate mortgage conduits; reporting
requirements and other administrative
matters; and allocation of allocable
investment expense; original issue
discount reporting requirements.
DATES: Written comments should be
received on or before June 15, 2015 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Christie Preston, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this regulation should be
directed to LaNita Van Dyke, at Internal
Revenue Service, Room 6517, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet, at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: T.D. 8366, Real Estate Mortgage
Investment Conduits; Reporting
Requirements and Other Administrative
Matters. T.D. 8431, Allocation of
Allocable Investment Expense; Original
Issue Discount Reporting Requirements.
OMB Number: 1545–1018.
Regulation Project Number: T.D. 8366
and T.D. 8431.
Abstract: T.D. 8366 contains
temporary and final regulations relating
to real estate mortgage investment
conduits (REMICS). T.D. 8431 contains
final regulations relating to reporting
requirements with respect to singleclass real estate mortgage investment
conduits (REMICs) and the market
discount fraction reported with other
REMIC information. This document also
contains final regulations that require an
issuer of publicly offered debt
instruments with original issue discount
(OID) to file an information return with
the Internal Revenue Service. The
relevant provisions in the Internal
Revenue Code were added or amended
by the Tax Reform Act of 1984, the Tax
Reform Act of 1986, and by the
Technical and Miscellaneous Revenue
Act of 1988.
Current Actions: There is no change to
these existing regulations.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Responses:
9,725.
Estimated Total Annual Burden
Hours: 978.
The following paragraph applies to all
of the collections of information covered
by this notice:
An agency may not conduct or
sponsor, and a person is not required to
E:\FR\FM\15APN1.SGM
15APN1
Federal Register / Vol. 80, No. 72 / Wednesday, April 15, 2015 / Notices
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 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 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: April 7, 2015.
Christie Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015–08653 Filed 4–14–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1098–MA
Internal Revenue Service (IRS),
Treasury.
AGENCY:
Notice and request for
comments.
ACTION:
The Department of the
Treasury, 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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Form
1098–MA, Mortgage Assistance
Payments.
tkelley on DSK3SPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
17:29 Apr 14, 2015
Jkt 235001
Written comments should be
received on or before June 15, 2015 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Christie Preston, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to LaNita Van Dyke,
at Internal Revenue Service, Room 6517,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
internet at Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Mortgage Assistance Payments.
OMB Number: 1545–2221.
Form Number: Form 1098–MA.
Abstract: This form is a statement
reported to the IRS and to taxpayers. It
will be filed and furnished by State
Housing Finance Agencies (HFAs) and
HUD to report the total amounts of
mortgage assistance payments and
homeowner mortgage payments made to
mortgage servicers. The requirement for
the statement are authorized by Notice
2011–14, supported by Public Law 111–
203, sec. 1496, and Public Law 110–343,
Division A, sec. 109.
Current Actions: There were no
changes made to the document that
resulted in any change to the burden
previously reported to OMB. We are
making this submission to renew the
OMB approval.
Type of Review: Extension to
previously approved IC.
Affected Public: Individuals, Federal
Government, State, Local, or Tribal
Governments, and other Not-for-profit
organizations.
Estimated Number of Respondents:
52.
Estimated Time per Respondent: 2
hours 50 minutes.
Estimated Total Annual Burden
Hours: 170,400.
The following paragraph applies to all
of 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 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 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
DATES:
PO 00000
Frm 00101
Fmt 4703
Sfmt 4703
20297
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: April 7, 2015.
Christie Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015–08651 Filed 4–14–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
DEPARTMENTAL OFFICES
Debt Management Advisory Committee
Meeting
Notice is hereby given, pursuant to 5
U.S.C. App. 2, § 10(a)(2), that a meeting
will be held at the Hay-Adams Hotel,
16th Street and Pennsylvania Avenue
NW., Washington, DC, on May 5, 2015
at 11:30 a.m. of the following debt
management advisory committee:
Treasury Borrowing Advisory
Committee of The Securities Industry
and Financial Markets Association.
The agenda for the meeting provides
for a charge by the Secretary of the
Treasury or his designate that the
Committee discuss particular issues and
conduct a working session. Following
the working session, the Committee will
present a written report of its
recommendations. The meeting will be
closed to the public, pursuant to 5
U.S.C. App. 2, § 10(d) and P.L. 103–202,
§ 202(c)(1)(B) (31 U.S.C. 3121 note).
This notice shall constitute my
determination, pursuant to the authority
placed in heads of agencies by 5 U.S.C.
App. 2, § 10(d) and vested in me by
Treasury Department Order No. 101–05,
that the meeting will consist of
discussions and debates of the issues
presented to the Committee by the
Secretary of the Treasury and the
making of recommendations of the
Committee to the Secretary, pursuant to
P.L. 103–202, § 202(c)(1)(B). Thus, this
information is exempt from disclosure
under that provision and 5 U.S.C.
E:\FR\FM\15APN1.SGM
15APN1
]]>Agencies
[Federal Register Volume 80, Number 72 (Wednesday, April 15, 2015)]
[Notices]
[Pages 20296-20297]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-08653]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, 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 proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). The IRS is soliciting comments concerning information
collection requirements related to real estate mortgage conduits;
reporting requirements and other administrative matters; and allocation
of allocable investment expense; original issue discount reporting
requirements.
DATES: Written comments should be received on or before June 15, 2015
to be assured of consideration.
ADDRESSES: Direct all written comments to Christie Preston, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this regulation should be directed to LaNita Van Dyke, at
Internal Revenue Service, Room 6517, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the Internet, at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: T.D. 8366, Real Estate Mortgage Investment Conduits;
Reporting Requirements and Other Administrative Matters. T.D. 8431,
Allocation of Allocable Investment Expense; Original Issue Discount
Reporting Requirements.
OMB Number: 1545-1018.
Regulation Project Number: T.D. 8366 and T.D. 8431.
Abstract: T.D. 8366 contains temporary and final regulations
relating to real estate mortgage investment conduits (REMICS). T.D.
8431 contains final regulations relating to reporting requirements with
respect to single-class real estate mortgage investment conduits
(REMICs) and the market discount fraction reported with other REMIC
information. This document also contains final regulations that require
an issuer of publicly offered debt instruments with original issue
discount (OID) to file an information return with the Internal Revenue
Service. The relevant provisions in the Internal Revenue Code were
added or amended by the Tax Reform Act of 1984, the Tax Reform Act of
1986, and by the Technical and Miscellaneous Revenue Act of 1988.
Current Actions: There is no change to these existing regulations.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Responses: 9,725.
Estimated Total Annual Burden Hours: 978.
The following paragraph applies to all of the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to
[[Page 20297]]
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 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 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: April 7, 2015.
Christie Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015-08653 Filed 4-14-15; 8:45 am]
BILLING CODE 4830-01-P
