Proposed Collection; Comment Request for Form 8611, 70881-70882 [2015-28916]
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70881
Federal Register / Vol. 80, No. 220 / Monday, November 16, 2015 / Notices
Burden Estimate:
Estimated Number of Respondents:
61.
Estimated Annual Responses per
Respondent: 12 per year.
Estimated Burden per Response: 40
hours per month/per bank.
Estimated Total Annual Burden:
29,280 hours.
Comments submitted in response to
this notice will be summarized and
included in the request for OMB
approval. All comments 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
OCC, including whether the information
shall have practical utility;
(b) The accuracy of the OCC’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 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.
Dated: November 9, 2015.
Stuart E. Feldstein,
Director, Legislative & Regulatory Activities
Division.
[FR Doc. 2015–28896 Filed 11–13–15; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Fiscal Service
Bureau of the Fiscal Service
Fee Schedule for the Transfer of U.S.
Treasury Book-Entry Securities Held
on the National Book-Entry System
Authority: 31 CFR 357.45.
Bureau of the Fiscal Service,
Fiscal Service, Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury (Treasury) is announcing a
new fee schedule applicable to transfers
of U.S. Treasury book-entry securities
maintained on the National Book-Entry
System (NBES) that occur on or after
January 4, 2016.
DATES: Effective January 4, 2016.
FOR FURTHER INFORMATION CONTACT:
Brandon Taylor or Janeene Wilson,
Bureau of the Fiscal Service, 202–504–
3550.
SUPPLEMENTARY INFORMATION: Treasury
has established a fee structure for the
transfer of Treasury book-entry
securities maintained on NBES.
Treasury reassesses this fee structure
periodically based on its review of the
latest book-entry costs and volumes.
For each transfer or reversal of
Treasury securities sent or received on
or after January 4, 2016, the basic fee
will increase from $0.75 to $0.81. The
Board of Governors of the Federal
Reserve System (Federal Reserve) will
maintain its fee for Federal Reserve
funds movement at $0.11. The funds
SUMMARY:
movement fee is not a Treasury fee, but
is charged by the Federal Reserve for the
cost of moving funds associated with
the transfer of a Treasury book-entry
security. The two fees will result in a
combined fee of $0.92 for each transfer
of Treasury book-entry securities. The
surcharge for an off-line Treasury bookentry securities transfer will remain at
$50.00. Off-line refers to the sending
and receiving of transfer messages to or
from a Federal Reserve Bank by means
other than on-line access, such as by
written, facsimile, or telephone voice
instruction. The basic transfer fee
assessed to both sends and receives is
reflective of costs associated with the
processing of securities transfers. The
off-line surcharge reflects the additional
processing costs associated with the
manual processing of off-line securities
transfers.
Treasury does not charge a fee for
account maintenance, the stripping and
reconstitution of Treasury securities, the
wires associated with original issues, or
interest and redemption payments.
Treasury currently absorbs these costs.
The fees described in this notice
apply only to the transfer of Treasury
book-entry securities held on NBES.
Information concerning fees for bookentry transfers of Government Agency
securities, which are priced by the
Federal Reserve, is set out in a separate
Federal Register notice published by
the Federal Reserve.
The following is the Treasury fee
schedule that will take effect on January
4, 2016, for book-entry transfers on
NBES:
TREASURY—NBES FEE SCHEDULE—EFFECTIVE JANUARY 4, 2016
[In dollars]
Transfer type
tkelley on DSK3SPTVN1PROD with NOTICES
On-line
On-line
On-line
On-line
Off-line
Off-line
Off-line
Off-line
Off-line
Basic fee
transfer originated ...............................................................................
transfer received .................................................................................
reversal transfer originated .................................................................
reversal transfer received ...................................................................
transfer originated ...............................................................................
transfer received .................................................................................
account switch received ......................................................................
reversal transfer originated .................................................................
reversal transfer received ...................................................................
0.81
0.81
0.81
0.81
0.81
0.81
0.81
0.81
0.81
Dated: October 22, 2015.
David A. Lebryk,
Fiscal Assistant Secretary.
DEPARTMENT OF THE TREASURY
[FR Doc. 2015–29194 Filed 11–13–15; 8:45 am]
Proposed Collection; Comment
Request for Form 8611
N/A
N/A
N/A
N/A
50.00
50.00
0.00
50.00
50.00
0.11
0.11
0.11
0.11
0.11
0.11
0.11
0.11
0.11
Total fee
0.92
0.92
0.92
0.92
50.92
50.92
0.92
50.92
50.92
Notice and request for
comments.
ACTION:
Internal Revenue Service (IRS),
Treasury.
Jkt 238001
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
SUMMARY:
AGENCY:
19:47 Nov 13, 2015
Funds
movement fee
Internal Revenue Service
BILLING CODE 4810–AS–P
VerDate Sep<11>2014
Off-line
surcharge
PO 00000
Frm 00135
Fmt 4703
Sfmt 4703
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tkelley on DSK3SPTVN1PROD with NOTICES
70882
Federal Register / Vol. 80, No. 220 / Monday, November 16, 2015 / Notices
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
8611, Recapture of Low-Income Housing
Credit.
DATES: Written comments should be
received on or before January 15, 2016
to be assured of consideration.
ADDRESSES: Direct all written comments
to Michael Joplin, 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 Sara Covington at
Internal Revenue Service, room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
internet at Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Recapture of Low-Income
Housing Credit.
OMB Number: 1545–1035.
Form Number: 8611.
Abstract: IRC section 42 permits
owners of residential rental projects
providing low-income housing to claim
a credit against their income tax. If the
property is disposed of or if it fails to
meet certain requirements over a 15year compliance period and a bond is
not posted, the owner must recapture on
Form 8611 part of the credits taken in
prior years.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals.
Estimated Number of Respondents:
1,000.
Estimated Time Per Respondent: 7
hours, 50 minutes.
Estimated Total Annual Burden
Hours: 7,842.
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
VerDate Sep<11>2014
19:47 Nov 13, 2015
Jkt 238001
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 2, 2015.
Michael Joplin,
Supervisory Tax Analyst.
[FR Doc. 2015–28916 Filed 11–13–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5304–SIMPLE, Form
5305–SIMPLE, and Notice 98–4
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)). Currently, the IRS is
soliciting comments concerning Form
5304–SIMPLE, Savings Incentive Match
Plan for Employees of Small Employers
(SIMPLE)—Not for Use With a
Designated Financial Institution; Form
5305–SIMPLE, Savings Incentive Match
Plan for Employees of Small Employers
(SIMPLE)—for Use With a Designated
Financial Institution; Notice 98–4,
Simple IRA Plan Guidance.
DATES: Written comments should be
received on or before January 15, 2016
to be assured of consideration.
ADDRESSES: Direct all written comments
to Michael Joplin, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
SUMMARY:
PO 00000
Frm 00136
Fmt 4703
Sfmt 4703
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the forms, instructions, and
notice should be directed to Sara
Covington, Internal Revenue Service,
Room 6129, 1111 Constitution Avenue
NW., Washington, DC 20224, or through
the internet at Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 5304–SIMPLE, Savings
Incentive Match Plan for Employees of
Small Employers (SIMPLE)—Not for
Use With a Designated Financial
Institution, Form 5305–SIMPLE;
Savings Incentive Match Plan for
Employees of Small Employers
(SIMPLE)—for Use With a Designated
Financial Institution; SIMPLE IRA Plan
Guidance (Notice 98–4).
OMB Number: 1545–1502.
Form Number: Form 5304–SIMPLE,
Form 5305–SIMPLE, and Notice 98–4.
Abstract: Form 5304–SIMPLE is a
model SIMPLE IRA agreement that was
created to be used by an employer to
permit employees who are not using a
designated financial institution to make
salary reduction contributions to a
SIMPLE IRA described in Internal
Revenue Code section 408(p). Form
5305–SIMPLE is also a model SIMPLE
IRA agreement, but it is for use with a
designated financial institutions. Notice
98–4 provides guidance for employers
and trustees regarding how they can
comply with the requirements of Code
section 408(p) in establishing and
maintaining a SIMPLE IRA, including
information regarding the notification
and reporting requirements under Code
section 408.
Current Actions: There are no changes
for the forms at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations not-for-profit
institutions, and individuals.
Estimated Number of Respondents:
600,000.
Estimated Time Per Respondent: 3
hours, 31 minutes.
Estimated Total Annual Burden
Hours: 2,113,000.
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.
E:\FR\FM\16NON1.SGM
16NON1
]]>Agencies
[Federal Register Volume 80, Number 220 (Monday, November 16, 2015)]
[Notices]
[Pages 70881-70882]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-28916]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8611
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
[[Page 70882]]
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 8611,
Recapture of Low-Income Housing Credit.
DATES: Written comments should be received on or before January 15,
2016 to be assured of consideration.
ADDRESSES: Direct all written comments to Michael Joplin, 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 Sara
Covington at Internal Revenue Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or through the internet at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Recapture of Low-Income Housing Credit.
OMB Number: 1545-1035.
Form Number: 8611.
Abstract: IRC section 42 permits owners of residential rental
projects providing low-income housing to claim a credit against their
income tax. If the property is disposed of or if it fails to meet
certain requirements over a 15-year compliance period and a bond is not
posted, the owner must recapture on Form 8611 part of the credits taken
in prior years.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals.
Estimated Number of Respondents: 1,000.
Estimated Time Per Respondent: 7 hours, 50 minutes.
Estimated Total Annual Burden Hours: 7,842.
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
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 2, 2015.
Michael Joplin,
Supervisory Tax Analyst.
[FR Doc. 2015-28916 Filed 11-13-15; 8:45 am]
BILLING CODE 4830-01-P
