Departmental Offices; Debt Management Advisory Committee Meeting, 19237 [06-3526]
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Federal Register / Vol. 71, No. 71 / Thursday, April 13, 2006 / Notices
Type of Review: Extension.
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Applications for Tax Exemption and
Applications for Determination Letters
for Pension and Other Plans.
Description: Internal Revenue Code
section 6104 requires applications for
tax exempt status, annual reports of
private foundations, and certain
portions of returns to be open for public
inspection. Some information may be
withheld from disclosure. IRS needs the
information to comply with requests for
public inspection of the above-named
documents.
Respondents: Individuals or
households; Business or other for-profit;
Not-for-profit institutions.
Estimated Total Burden Hours: 8,538
hours.
OMB Number: 1545–1254.
Type of Review: Extension.
Title: Conclusive Presumption of
Worthlessness of Debts Held by Banks
(FI–34–91) (Final).
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section 1.166–2 of the regulations
allows banks and thrifts to elect to
conform their tax accounting for bad
debts with their regulatory accounting.
An election, or revocation thereof, is a
change in method of accounting. The
collection of information required in
section I.166–2(d)(3) is necessary to
monitor the elections.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 50
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5,486,662 hours.
OMB Number: 1545–1985.
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return preparation process to more
VerDate Aug<31>2005
14:20 Apr 12, 2006
Jkt 208001
accurately complete tax returns of
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Clearance Officer: Glenn P. Kirkland,
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OMB Reviewer: Alexander T. Hunt,
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Michael A. Robinson,
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[FR Doc. E6–5512 Filed 4–12–06; 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, section 10(a)(2), that a
meeting will be held at the Hay-Adams
Hotel, 16th Street and Pennsylvania
Avenue, NW., Washington, DC, on May
2, 2006 at 11:30 a.m. of the following
debt management advisory committee:
Treasury Borrowing Advisory
Committee of The Bond Market
Association (‘‘Committee’’).
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 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, section 10(d) and Public
Law 103–202, section 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, section 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
Public Law 103–202, section
202(c)(1)(B). Thus, this information is
exempt from disclosure under that
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Frm 00078
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Sfmt 4703
19237
provision and 5 U.S.C. 552b(c)(3)(B). In
addition, the meeting is concerned with
information that is exempt from
disclosure under 5 U.S.C. 552b(c)(9)(A).
The public interest requires that such
meetings be closed to the public because
the Treasury Department requires frank
and full advice from representatives of
the financial community prior to
making its final decisions on major
financing operations. Historically, this
advice has been offered by debt
management advisory committees
established by the several major
segments of the financial community.
When so utilized, such a committee is
recognized to be an advisory committee
under 5 U.S.C. App. 2, section 3.
Although the Treasury’s final
announcement of financing plans may
not reflect the recommendations
provided in reports of the Committee,
premature disclosure of the Committee’s
deliberations and reports would be
likely to lead to significant financial
speculation in the securities market.
Thus, this meeting falls within the
exemption covered by 5 U.S.C.
552b(c)(9)(A).
Treasury staff will provide a technical
briefing to the press on the day before
the Committee meeting, following the
release of a statement of economic
conditions, financing estimates and
technical charts. This briefing will give
the press an opportunity to ask
questions about financing projections
and technical charts. The day after the
Committee meeting, Treasury will
release the minutes of the meeting, any
charts that were discussed at the
meeting, and the Committee’s report to
the Secretary.
The Office of Debt Management is
responsible for maintaining records of
debt management advisory committee
meetings and for providing annual
reports setting forth a summary of
Committee activities and such other
matters as may be informative to the
public consistent with the policy of 5
U.S.C. 552(b). The Designated Federal
Officer or other responsible agency
official who may be contacted for
additional information is Jeff Huther,
Director, Office of Debt Management, at
(202) 622–1868.
Dated: April 7, 2006.
James A. Clouse,
Acting Deputy Assistant Secretary, Federal
Finance.
[FR Doc. 06–3526 Filed 4–12–06; 8:45 am]
BILLING CODE 4810–25–M
E:\FR\FM\13APN1.SGM
13APN1
Agencies
[Federal Register Volume 71, Number 71 (Thursday, April 13, 2006)]
[Notices]
[Page 19237]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-3526]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Departmental Offices; Debt Management Advisory Committee Meeting
Notice is hereby given, pursuant to 5 U.S.C. App. 2, section
10(a)(2), that a meeting will be held at the Hay-Adams Hotel, 16th
Street and Pennsylvania Avenue, NW., Washington, DC, on May 2, 2006 at
11:30 a.m. of the following debt management advisory committee:
Treasury Borrowing Advisory Committee of The Bond Market Association
(``Committee'').
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 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,
section 10(d) and Public Law 103-202, section 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, section 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 Public
Law 103-202, section 202(c)(1)(B). Thus, this information is exempt
from disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In
addition, the meeting is concerned with information that is exempt from
disclosure under 5 U.S.C. 552b(c)(9)(A). The public interest requires
that such meetings be closed to the public because the Treasury
Department requires frank and full advice from representatives of the
financial community prior to making its final decisions on major
financing operations. Historically, this advice has been offered by
debt management advisory committees established by the several major
segments of the financial community. When so utilized, such a committee
is recognized to be an advisory committee under 5 U.S.C. App. 2,
section 3.
Although the Treasury's final announcement of financing plans may
not reflect the recommendations provided in reports of the Committee,
premature disclosure of the Committee's deliberations and reports would
be likely to lead to significant financial speculation in the
securities market. Thus, this meeting falls within the exemption
covered by 5 U.S.C. 552b(c)(9)(A).
Treasury staff will provide a technical briefing to the press on
the day before the Committee meeting, following the release of a
statement of economic conditions, financing estimates and technical
charts. This briefing will give the press an opportunity to ask
questions about financing projections and technical charts. The day
after the Committee meeting, Treasury will release the minutes of the
meeting, any charts that were discussed at the meeting, and the
Committee's report to the Secretary.
The Office of Debt Management is responsible for maintaining
records of debt management advisory committee meetings and for
providing annual reports setting forth a summary of Committee
activities and such other matters as may be informative to the public
consistent with the policy of 5 U.S.C. 552(b). The Designated Federal
Officer or other responsible agency official who may be contacted for
additional information is Jeff Huther, Director, Office of Debt
Management, at (202) 622-1868.
Dated: April 7, 2006.
James A. Clouse,
Acting Deputy Assistant Secretary, Federal Finance.
[FR Doc. 06-3526 Filed 4-12-06; 8:45 am]
BILLING CODE 4810-25-M