Submission for OMB Review; Comment Request, 81880-81882 [2015-32913]
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Federal Register / Vol. 80, No. 251 / Thursday, December 31, 2015 / Notices
would assume the status and obligations
of a common carrier to provide service
upon a reasonable demand. According
to RSRL, the parties are finalizing, and
will shortly execute, an agreement
providing for NSR’s donation of the
approximately 2.42-mile line to RRSL.
RSRL certifies that the proposed
transaction would not involve a
provision or agreement that would limit
RSRL’s ability to interchange with a
third-party connecting carrier. RSRL
states that it will connect and
interchange with NSR in the vicinity of
milepost 6.92.
RSRL also certifies that its projected
annual revenues as a result of this
transaction will not result in RSRL
becoming a Class I or Class II rail carrier
and states that its projected annual
revenues will not exceed $5 million.
The transaction is expected to be
consummated on or after January 17,
2016, the effective date of the exemption
(30 days after the verified notice was
filed).
If the verified notice contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the effectiveness of
the exemption. Petitions to stay must be
filed no later than January 8, 2016 (at
least seven days before the exemption
becomes effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35976, must be filed with the Surface
Transportation Board, 395 E Street SW.,
Washington, DC 20423–0001. In
addition, a copy of each pleading must
be served on Robert A. Wimbish,
Fletcher & Sippel LLC, 29 South Wacker
Drive, Suite 920, Chicago, IL 60606.
Board decisions and notices are
available on our Web site at
WWW.STB.DOT.GOV.
Decided: December 23, 2015.
By the Board, Julia M. Farr, Acting
Director, Office of Proceedings.
Raina S. Contee,
Clearance Clerk.
[FR Doc. 2015–32959 Filed 12–30–15; 8:45 am]
BILLING CODE 4915–01–P
tkelley on DSK3SPTVN1PROD with NOTICES
DEPARTMENT OF THE TREASURY
Fiscal Service
Prompt Payment Interest Rate;
Contract Disputes Act
Bureau of the Fiscal Service,
Treasury.
ACTION: Notice.
AGENCY:
VerDate Sep<11>2014
16:49 Dec 30, 2015
Jkt 238001
For the period beginning
January 1, 2016, and ending on June 30,
2016, the prompt payment interest rate
is 21⁄2 per centum per annum.
DEPARTMENT OF THE TREASURY
Comments or inquiries may
be mailed to: E-Commerce Division,
Bureau of the Fiscal Service, 401 14th
Street SW., Room 306F, Washington, DC
20227. Comments or inquiries may also
be emailed to PromptPayment@
fiscal.treasury.gov.
AGENCY:
SUMMARY:
ADDRESSES:
Effective January 1, 2016, to June
30, 2016.
DATES:
FOR FURTHER INFORMATION CONTACT:
Thomas M. Burnum, E-Commerce
Division, (202) 874–6430; or Thomas
Kearns, Attorney-Advisor, Office of the
Chief Counsel, (202) 874–7036.
An agency
that has acquired property or service
from a business concern and has failed
to pay for the complete delivery of
property or service by the required
payment date shall pay the business
concern an interest penalty. 31 U.S.C.
3902(a). The Contract Disputes Act of
1978, Sec. 12, Public Law 95–563, 92
Stat. 2389, and the Prompt Payment Act,
31 U.S.C. 3902(a), provide for the
calculation of interest due on claims at
the rate established by the Secretary of
the Treasury.
The Secretary of the Treasury has the
authority to specify the rate by which
the interest shall be computed for
interest payments under section 12 of
the Contract Disputes Act of 1978 and
under the Prompt Payment Act. Under
the Prompt Payment Act, if an interest
penalty is owed to a business concern,
the penalty shall be paid regardless of
whether the business concern requested
payment of such penalty. 31 U.S.C.
3902(c)(1). Agencies must pay the
interest penalty calculated with the
interest rate, which is in effect at the
time the agency accrues the obligation
to pay a late payment interest penalty.
31 U.S.C. 3902(a). ‘‘The interest penalty
shall be paid for the period beginning
on the day after the required payment
date and ending on the date on which
payment is made.’’ 31 U.S.C. 3902(b).
Therefore, notice is given that the
Secretary of the Treasury has
determined that the rate of interest
applicable for the period beginning
January 1, 2016, and ending on June 30,
2016, is 21⁄2 per centum per annum.
SUPPLEMENTARY INFORMATION:
David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2015–32957 Filed 12–30–15; 8:45 am]
BILLING CODE 4810–AS–P
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Submission for OMB Review;
Comment Request
ACTION:
Department of the Treasury.
Notice.
The Department of the Treasury will
submit the following information
collection requests to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, Public Law 104–13, on or after the
date of publication of this notice.
DATES: Comments should be received on
or before February 1, 2016 to be assured
of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestions for reducing the burden, to
(1) Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Treasury, New Executive Office
Building, Room 10235, Washington, DC
20503, or email at OIRA_Submission@
OMB.EOP.gov and (2) Treasury PRA
Clearance Officer, 1750 Pennsylvania
Ave. NW., Suite 8140, Washington, DC
20220, or email at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submission(s) may be
obtained by email at PRA@treasury.gov
or the entire information collection
request may be found at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
OMB Number: 1545–0771.
Type of Review: Extension without
change of a previously approved
collection.
Title: TD 8864 (Final); EE–63–88
(Final and temp regulations) Taxation of
Fringe Benefits and Exclusions From
Gross Income for Certain Fringe
Benefits; IA–140–86 (Temporary) Fringe
Benefits.
Abstract: This regulation provides
guidance on the tax treatment of taxable
and nontaxable fringe benefits and
general and specific rules for the
valuation of taxable fringe benefits in
accordance with Code sections 61 and
132 and provides guidance on
exclusions from gross income for certain
fringe benefits (IA–140–86). This
regulation provides guidance relating to
the requirement that any deduction or
credit with respect to business travel,
entertainment, and gift expenses be
substantiated with adequate records in
accordance with Code section 274(d).
Affected Public: Private Sector:
Businesses or other for-profit.
E:\FR\FM\31DEN1.SGM
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tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 251 / Thursday, December 31, 2015 / Notices
Estimated Annual Burden Hours:
37,922,688.
OMB Number: 1545–1353.
Type of Review: Extension without
change of a previously approved
collection.
Title: TD 8517: Debt Instruments With
Original Discount; Imputed Interest on
Deferred Payment Sales or Exchanges of
Property; TD 9599: Property Traded on
an Established Market.
Abstract: This document contains
regulations relating to the tax treatment
of debt instruments with original issue
discount and the imputation of interest
on deferred payments under certain
contracts for the sale or exchange of
property and determining when
property is traded on an established
market for purposes of determining the
issue price of a debt instrument. The
regulations provide needed guidance to
holders and issuers of debt instruments.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours:
195,500.
OMB Number: 1545–1520.
Type of Review: Revision of a
previously approved collection.
Title: Revenue Procedures 2016–4
(Letter Rulings), 2011–5 (Technical
Advice), 2016–6 (Determination
Letters), and 2016–8 (User Fees).
Abstract: The information requested
in Revenue Procedures 2016–4, 2011–5,
2016–6, and 2016–8 is required to
enable the Internal Revenue Service to
give advice on filing letter ruling,
determination letter, and technical
advice requests, to process such
requests, and to determine the amount
of any user fees.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours:
45,787.
OMB Number: 1545–1809.
Type of Review: Revision of a
previously approved collection.
Title: Credit for Employer-Provided
Childcare Facilities and Services.
Form: 8882.
Abstract: Qualified employers use
Form 8882 to request a credit for
employer-provided childcare facilities
and services. Section 45F provides
credit based on costs incurred by an
employer in providing childcare
facilities and resource and referral
services. The credit is 25% of the
qualified childcare expenditures plus
10% of the qualified childcare resource
and referral expenditures for the tax
year, up to a maximum credit of
$150,000 per tax year.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours:
1,053.
VerDate Sep<11>2014
16:49 Dec 30, 2015
Jkt 238001
OMB Number: 1545–2002.
Type of Review: Extension without
change of a previously approved
collection.
Title: Notice 2006–25 (superseded by
Notice 2007–53), Qualifying
Gasification Project Program.
Abstract: This notice establishes the
qualifying gasification project under
Section 48B of the Internal Revenue
Code. This notice provides the time and
manner for a taxpayer to apply for an
allocation of qualifying gasification
project credits.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours:
1,700.
OMB Number: 1545–2003.
Type of Review: Extension without
change of a previously approved
collection.
Title: Notice 2006–24, Qualifying
Advanced Coal Project Program.
Abstract: Notice 2006–24 establishes
the qualifying advanced coal project
program under Sec. 48A of the Internal
Revenue Code. The notice provides the
time and manner for a taxpayer to apply
for an allocation of qualifying advanced
coal project credits and, once the
taxpayer has received this allocation,
the time and manner for the taxpayer to
file for a certification of its qualifying
advanced coal project.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours:
4,950.
OMB Number: 1545–2141.
Type of Review: Extension without
change of a previously approved
collection.
Title: Notice 2009–31—Election and
Notice Procedures for Multiemployer
Plans under Sections 204 and 205 of
WRERA.
Abstract: The guidance in this notice
implements temporary, elective relief
under the Workers, Retirees, and
Employers Relief Act of 2008 (WRERA),
which was enacted December 2008 for
multi-employer pension plans from
certain funding requirements.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours:
1,600.
OMB Number: 1545–2143.
Type of Review: Extension without
change of a previously approved
collection.
Title: Notice 2009–26, Build America
Bonds and Direct Payment Subsidy
Implementation.
Abstract: This Notice provides
guidance on the tax incentives for Build
America Bonds under § 54AA of the
Internal Revenue Code (‘‘Code’’) and the
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81881
implementation plans for the refundable
credit payment procedures for these
bonds. It includes guidance on the
modified Build America Bond program
for Recovery Zone Economic
Development Bonds under § 1400U–2 of
the Code. The Notice also provides
guidance on the initial refundable credit
payment procedures, required elections,
and information reporting and solicits
public comments on the refundable
credit payment procedures for these
bonds. This Notice is intended to
facilitate prompt implementation of the
Build America Bond program and to
enable state and local governments to
begin issuing these bonds for authorized
purposes to promote economic recovery
and job creation.
Affected Public: State, Local, and
Tribal Governments.
Estimated Annual Burden Hours:
15,000.
OMB Number: 1545–2155.
Type of Review: Extension without
change of a previously approved
collection.
Title: TD 9469 (REG–102822–08)
Section 108 Reduction of Tax Attributes
for S Corporations.
Abstract: The regulation provides
guidance to S corporations that must
reduce their tax attributes under section
108(b) of the Internal Revenue Code for
taxable years in which an S corporation
incurs discharge of indebtedness
income that is excluded under section
108(a). The regulations will affect S
corporations and their shareholders.
The collection of information in the
regulations requires shareholders to
inform the S corporation of a
shareholder-level tax attribute that the S
corporation must reduce under section
108(b). Following the tax attribute
reduction, the S corporation must
inform the shareholders of the
remaining balance, if any, of the
shareholder’s tax attribute.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours:
1,000.
OMB Number: 1545–2262.
Type of Review: Extension without
change of a previously approved
collection.
Title: Form 5498–QA (ABLE Account
Contribution Information) and 1099–QA
(Distributions from ABLE Accounts).
Form: 5498–QA, 1099–QA.
Abstract: This form will be used to
report the contributions of Achieving a
Better Life Experience (ABLE) accounts
under IRC 529A. IRS uses the
information to verify compliance with
the reporting rules and to verify that the
recipient has included the proper
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Federal Register / Vol. 80, No. 251 / Thursday, December 31, 2015 / Notices
amount of income on his or her income
tax return.
Affected Public: Private Sector:
Businesses or other for-profits; farms;
Not-for-profit institutions.
Estimated Annual Burden Hours:
3,600.
Dated: December 28, 2015.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2015–32913 Filed 12–30–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
Department of the Treasury.
Notice.
AGENCY:
ACTION:
The Department of the Treasury will
submit the following information
collection requests to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, Public Law 104–13, on or after the
date of publication of this notice.
DATES: Comments should be received on
or before February 1, 2016 to be assured
of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestions for reducing the burden, to
(1) Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Treasury, New Executive Office
Building, Room 10235, Washington, DC
20503, or email at OIRA_Submission@
OMB.EOP.gov and (2) Treasury PRA
Clearance Officer, 1750 Pennsylvania
Ave. NW., Suite 8140, Washington, DC
20220, or email at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submission may be
obtained by emailing PRA@treasury.gov,
or viewing the entire information
collection request at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
tkelley on DSK3SPTVN1PROD with NOTICES
Alcohol and Tobacco Tax and Trade
Bureau (TTB)
16:49 Dec 30, 2015
Jkt 238001
Dated: December 28, 2015.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2015–32912 Filed 12–30–15; 8:45 am]
BILLING CODE 4810–31–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0118]
Proposed Information Collection
(Transfer of Scholastic Credit
(Schools) (FL–315)) Activity: Comment
Request
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
OMB Number: 1513–0004.
Type of Review: Revision of a
currently approved collection.
Title: Authorization to Furnish
Financial Information and Certificate of
Compliance.
Form: TTB F 5030.6.
Abstract: The TTB regulations require
applicants for alcohol and tobacco
permits to provide certain information
regarding the money used to finance the
business. The Right to Financial Privacy
VerDate Sep<11>2014
Act of 1978 (the Act; 12 U.S.C. 3401 et
seq.) limits government access to
records held by financial institutions,
provides for certain procedures to gain
access to such information, and requires
that government agencies certify to a
financial institution that the agency has
complied with all provisions of the Act.
To comply with the requirements of the
Act, TTB F 5030.6 acts as both a
customer authorization to their financial
institution providing TTB with the
authority to receive the customer’s
financial information and as the
required certification by TTB to the
financial institution that it has complied
with the Act’s provisions.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours: 240.
OMB Number: 1513–0089.
Type of Review: Revision of a
currently approved collection.
Title: Records Supporting Drawback
Claims on Eligible Articles Brought into
the United States from Puerto Rico or
the Virgin Islands (TTB REC 5530/3).
Abstract: TTB uses the records
required to be kept under this
information collection to verify claims
for drawback of the Federal excise tax
paid on eligible articles (generally
nonbeverage products) brought into the
United States from Puerto Rico and the
U.S. Virgin Islands.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Annual Burden Hours: 160.
The Veterans Benefits
Administration (VBA), Department of
Veterans Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
SUMMARY:
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concerning each proposed collection of
information, including each proposed
revision of a currently approved
collection, and allow 60 days for public
comment in response to the notice. This
notice solicits comments on information
needed for students to transfer course
credit from one school to another
school.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before February 29, 2016.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Nancy J. Kessinger, Veterans Benefits
Administration (20M33), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420 or email to
nancy.kessinger@va.gov. Please refer to
‘‘OMB Control No. ‘‘2900–0118’’ in any
correspondence. During the comment
period, comments may be viewed online
through the FDMS.
FOR FURTHER INFORMATION CONTACT:
Nancy J. Kessinger at (202) 632–8924 or
FAX (202) 632–8925.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
3501—21), Federal agencies must obtain
approval from the Office of Management
and Budget (OMB) for each collection of
information they conduct or sponsor.
This request for comment is being made
pursuant to Section 3506(c)(2)(A) of the
PRA.
With respect to the following
collection of information, VBA invites
comments on: (1) Whether the proposed
collection of information is necessary
for the proper performance of VBA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VBA’s estimate of the
burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Title: Transfer of Scholastic Credit
(Schools)—(FL 22–315).
OMB Control Number: 2900–0118.
Type of Review: Revision of a
currently approved collection.
Abstract: VA FL 22–315 is used when
a student is receiving Department of
Veterans Affairs (VA) education benefits
while enrolled at two training
institutions at the same time. The
institution at which the student pursues
his approved program of education must
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]]>Agencies
[Federal Register Volume 80, Number 251 (Thursday, December 31, 2015)]
[Notices]
[Pages 81880-81882]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32913]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
AGENCY: Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
The Department of the Treasury will submit the following
information collection requests to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, Public Law 104-13, on or after the date of
publication of this notice.
DATES: Comments should be received on or before February 1, 2016 to be
assured of consideration.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestions for
reducing the burden, to (1) Office of Information and Regulatory
Affairs, Office of Management and Budget, Attention: Desk Officer for
Treasury, New Executive Office Building, Room 10235, Washington, DC
20503, or email at OIRA_Submission@OMB.EOP.gov and (2) Treasury PRA
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8140, Washington,
DC 20220, or email at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be
obtained by email at PRA@treasury.gov or the entire information
collection request may be found at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
OMB Number: 1545-0771.
Type of Review: Extension without change of a previously approved
collection.
Title: TD 8864 (Final); EE-63-88 (Final and temp regulations)
Taxation of Fringe Benefits and Exclusions From Gross Income for
Certain Fringe Benefits; IA-140-86 (Temporary) Fringe Benefits.
Abstract: This regulation provides guidance on the tax treatment of
taxable and nontaxable fringe benefits and general and specific rules
for the valuation of taxable fringe benefits in accordance with Code
sections 61 and 132 and provides guidance on exclusions from gross
income for certain fringe benefits (IA-140-86). This regulation
provides guidance relating to the requirement that any deduction or
credit with respect to business travel, entertainment, and gift
expenses be substantiated with adequate records in accordance with Code
section 274(d).
Affected Public: Private Sector: Businesses or other for-profit.
[[Page 81881]]
Estimated Annual Burden Hours: 37,922,688.
OMB Number: 1545-1353.
Type of Review: Extension without change of a previously approved
collection.
Title: TD 8517: Debt Instruments With Original Discount; Imputed
Interest on Deferred Payment Sales or Exchanges of Property; TD 9599:
Property Traded on an Established Market.
Abstract: This document contains regulations relating to the tax
treatment of debt instruments with original issue discount and the
imputation of interest on deferred payments under certain contracts for
the sale or exchange of property and determining when property is
traded on an established market for purposes of determining the issue
price of a debt instrument. The regulations provide needed guidance to
holders and issuers of debt instruments.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 195,500.
OMB Number: 1545-1520.
Type of Review: Revision of a previously approved collection.
Title: Revenue Procedures 2016-4 (Letter Rulings), 2011-5
(Technical Advice), 2016-6 (Determination Letters), and 2016-8 (User
Fees).
Abstract: The information requested in Revenue Procedures 2016-4,
2011-5, 2016-6, and 2016-8 is required to enable the Internal Revenue
Service to give advice on filing letter ruling, determination letter,
and technical advice requests, to process such requests, and to
determine the amount of any user fees.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 45,787.
OMB Number: 1545-1809.
Type of Review: Revision of a previously approved collection.
Title: Credit for Employer-Provided Childcare Facilities and
Services.
Form: 8882.
Abstract: Qualified employers use Form 8882 to request a credit for
employer-provided childcare facilities and services. Section 45F
provides credit based on costs incurred by an employer in providing
childcare facilities and resource and referral services. The credit is
25% of the qualified childcare expenditures plus 10% of the qualified
childcare resource and referral expenditures for the tax year, up to a
maximum credit of $150,000 per tax year.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 1,053.
OMB Number: 1545-2002.
Type of Review: Extension without change of a previously approved
collection.
Title: Notice 2006-25 (superseded by Notice 2007-53), Qualifying
Gasification Project Program.
Abstract: This notice establishes the qualifying gasification
project under Section 48B of the Internal Revenue Code. This notice
provides the time and manner for a taxpayer to apply for an allocation
of qualifying gasification project credits.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 1,700.
OMB Number: 1545-2003.
Type of Review: Extension without change of a previously approved
collection.
Title: Notice 2006-24, Qualifying Advanced Coal Project Program.
Abstract: Notice 2006-24 establishes the qualifying advanced coal
project program under Sec. 48A of the Internal Revenue Code. The notice
provides the time and manner for a taxpayer to apply for an allocation
of qualifying advanced coal project credits and, once the taxpayer has
received this allocation, the time and manner for the taxpayer to file
for a certification of its qualifying advanced coal project.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 4,950.
OMB Number: 1545-2141.
Type of Review: Extension without change of a previously approved
collection.
Title: Notice 2009-31--Election and Notice Procedures for
Multiemployer Plans under Sections 204 and 205 of WRERA.
Abstract: The guidance in this notice implements temporary,
elective relief under the Workers, Retirees, and Employers Relief Act
of 2008 (WRERA), which was enacted December 2008 for multi-employer
pension plans from certain funding requirements.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 1,600.
OMB Number: 1545-2143.
Type of Review: Extension without change of a previously approved
collection.
Title: Notice 2009-26, Build America Bonds and Direct Payment
Subsidy Implementation.
Abstract: This Notice provides guidance on the tax incentives for
Build America Bonds under Sec. 54AA of the Internal Revenue Code
(``Code'') and the implementation plans for the refundable credit
payment procedures for these bonds. It includes guidance on the
modified Build America Bond program for Recovery Zone Economic
Development Bonds under Sec. 1400U-2 of the Code. The Notice also
provides guidance on the initial refundable credit payment procedures,
required elections, and information reporting and solicits public
comments on the refundable credit payment procedures for these bonds.
This Notice is intended to facilitate prompt implementation of the
Build America Bond program and to enable state and local governments to
begin issuing these bonds for authorized purposes to promote economic
recovery and job creation.
Affected Public: State, Local, and Tribal Governments.
Estimated Annual Burden Hours: 15,000.
OMB Number: 1545-2155.
Type of Review: Extension without change of a previously approved
collection.
Title: TD 9469 (REG-102822-08) Section 108 Reduction of Tax
Attributes for S Corporations.
Abstract: The regulation provides guidance to S corporations that
must reduce their tax attributes under section 108(b) of the Internal
Revenue Code for taxable years in which an S corporation incurs
discharge of indebtedness income that is excluded under section 108(a).
The regulations will affect S corporations and their shareholders. The
collection of information in the regulations requires shareholders to
inform the S corporation of a shareholder-level tax attribute that the
S corporation must reduce under section 108(b). Following the tax
attribute reduction, the S corporation must inform the shareholders of
the remaining balance, if any, of the shareholder's tax attribute.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Annual Burden Hours: 1,000.
OMB Number: 1545-2262.
Type of Review: Extension without change of a previously approved
collection.
Title: Form 5498-QA (ABLE Account Contribution Information) and
1099-QA (Distributions from ABLE Accounts).
Form: 5498-QA, 1099-QA.
Abstract: This form will be used to report the contributions of
Achieving a Better Life Experience (ABLE) accounts under IRC 529A. IRS
uses the information to verify compliance with the reporting rules and
to verify that the recipient has included the proper
[[Page 81882]]
amount of income on his or her income tax return.
Affected Public: Private Sector: Businesses or other for-profits;
farms; Not-for-profit institutions.
Estimated Annual Burden Hours: 3,600.
Dated: December 28, 2015.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2015-32913 Filed 12-30-15; 8:45 am]
BILLING CODE 4830-01-P
