Agency Information Collection Activities; Renewal of a Currently Approved Collection; Comment Request; Prohibition on Funding of Unlawful Internet Gambling, 59188-59189 [2011-24520]

Download as PDF sroberts on DSK5SPTVN1PROD with NOTICES 59188 Federal Register / Vol. 76, No. 185 / Friday, September 23, 2011 / Notices Type of Review: Extension without change of a currently approved collection. Title: REG–105346–03 (NPRM)— Partnership Equity For Services. Abstract: The proposed regulations provide that the transfer of a partnership interest in connection with the performance of services is subject to section 83 of the Internal Revenue Code (Code) and provide rules for coordinating section 83 with partnership taxation principles. The proposed regulations also provide that no gain or loss is recognized by a partnership on the transfer or vesting of an interest in the transferring partnership in connection with the performance of services for the transferring partnership. Respondents: Private Sector: Businesses or other for-profits. Estimated Total Burden Hours: 112,500. OMB Number: 1545–2207. Type of Review: Extension without change of a currently approved collection. Title: Revenue Procedure 2011–26, Additional First Year Depreciation Deduction. Abstract: This revenue procedure provides guidance under § 2022(a) of the Small Business Jobs Act of 2010, Public Law 111–240, 124 Stat. 2504 (September 27, 2010) (SBJA), and § 401(a) and (b) of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, Public Law 111–312, 124 Stat. 3296 (December 17, 2010) (TRUIRJCA). Sections 2022(a) of the SBJA and 401(a) of the TRUIRJCA amend § 168(k)(2) of the Internal Revenue Code by extending the placed-in-service date for property to qualify for the 50-percent additional first year depreciation deduction. Section 401(b) of the TRUIRJCA amends § 168(k) by adding § 168(k)(5) that temporarily allows a 100-percent additional first year depreciation deduction for certain new property. Respondents: Private Sector: Businesses or other for-profits. Estimated Total Burden Hours: 125,000. Bureau Clearance Officer: Yvette Lawrence, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC 20224; (202) 927–4374. OMB Reviewer: Shagufta Ahmed, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503; (202) 395–7873. Dawn D. Wolfgang, Treasury PRA Clearance Officer. [FR Doc. 2011–24488 Filed 9–22–11; 8:45 am] BILLING CODE 4830–01–P VerDate Mar<15>2010 16:41 Sep 22, 2011 Jkt 223001 FEDERAL RESERVE SYSTEM DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Renewal of a Currently Approved Collection; Comment Request; Prohibition on Funding of Unlawful Internet Gambling AGENCIES: Board of Governors of the Federal Reserve System (‘‘Board’’) and Departmental Offices, Department of the Treasury (‘‘Treasury’’) (collectively, the ‘‘Agencies’’). ACTION: Joint notice and request for comment. SUMMARY: The Agencies are soliciting comments concerning the currently approved recordkeeping requirements associated with a joint rule, which is being renewed without change, implementing the Unlawful Internet Gambling Enforcement Act of 2006 (the ‘‘Act’’). This notice is published jointly by the Agencies as part of their continuing effort to reduce paperwork and respondent burden. The public and other Federal agencies are invited to take this opportunity to comment on this information collection, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). DATES: Comments must be submitted on or before November 22, 2011. ADDRESSES: Interested parties are invited to submit written comments to either or both of the Agencies. All comments, which should refer to the Office of Management and Budget (OMB) control numbers, will be shared between the Agencies. Direct all written comments as follows: Board: You may submit comments, identified by OMB control no. 7100–0317, by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. • Federal E–Rulemaking Portal: http://www.regulations.gov. Follow the instructions for submitting comments. • E-mail: regs.comments@ federalreserve.gov. Include docket number in the subject line of the message. • Fax: 202–452–3819 or 202–452– 3102. • Mail: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW., Washington, DC 20551. All public comments are available from the Board’s Web site at: http:// PO 00000 Frm 00080 Fmt 4703 Sfmt 4703 www.federalreserve.gov/generalinfo/ foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or on paper in Room MP–500 of the Board’s Martin Building (20th and C Streets, NW.,) between 9 a.m. and 5 p.m. on weekdays. Treasury: You may submit comments, identified by OMB control no. 1505– 0204, by regular mail to Robert B. Dahl, Treasury Department Clearance Officer, U.S. Department of the Treasury, 1750 Pennsylvania Avenue, NW., Room 11020, Washington, DC 20220. In addition, comments may be sent by fax to (202) 927–6797, or by electronic mail to Robert.Dahl@treasury.gov. In general, the Treasury will make all comments available in their original format, including any business or personal information provided such as names, addresses, e-mail addresses, or telephone numbers, for public inspection and copying in the Treasury library, Room 1428, Main Treasury Building, 1500 Pennsylvania Avenue, NW., Washington, DC 20220, on official business days between the hours of 10 a.m. and 5 p.m. You can make an appointment to inspect comments by calling (202) 622–0990. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. You should only submit comments that you wish to make publicly available. Additionally, commenters should send a copy of their comments to the OMB desk officer for the Agencies by mail to the Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235 725 17th Street, NW., Paperwork Reduction Project (1505–0204 for Treasury or 7100–0317 for the Board), Washington, DC 20503 or by fax to 202– 395–6974. FOR FURTHER INFORMATION CONTACT: Requests for additional information or a copy of the collection may be obtained by contacting: Board: Cynthia Ayouch, Federal Reserve Board Clearance Officer, (202) 452–3829, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 20th and C Streets, NW., Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may call (202) 263–4869. Treasury: Robert B. Dahl, Treasury Department Clearance Officer, (202) 622–3119, U.S. Department of the E:\FR\FM\23SEN1.SGM 23SEN1 Federal Register / Vol. 76, No. 185 / Friday, September 23, 2011 / Notices Treasury, 1750 Pennsylvania Avenue, NW., Room 11020, Washington, DC 20220. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Comments are invited on: a. Whether the proposed collection of information is necessary for the proper performance of the Agencies’ functions; including whether the information has practical utility; b. The accuracy of the Agencies’ estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of information 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. Comments submitted in response to this notice will be shared between the Agencies. All comments will become a matter of public record. Written comments should address the accuracy of the burden estimates and ways to minimize burden including the use of automated collection techniques or the use of other forms of information technology as well as other relevant aspects of the information collection request. sroberts on DSK5SPTVN1PROD with NOTICES Proposal To Extend for Three Years, Without Revision, the Following Currently Approved Information Collection Title: Prohibition on Funding of Unlawful Internet Gambling. OMB Control Numbers Board: 7100–0317. Treasury: 1505–0204. Abstract: On November 18, 2008, the Agencies published a joint notice of final rulemaking in the Federal Register (73 FR 69382) adopting a rule on a prohibition on the funding of unlawful Internet gambling pursuant to the Act. Identical sets of the final joint rule with identically numbered sections were adopted by the Board and the Treasury within their respective titles of the Code of Federal Regulations (12 CFR part 233 for the Board and 31 CFR part 132 for the Treasury). The compliance date for the joint rule was June 1, 2010 (74 FR 62687). The collection of information is set out in sections 5 and 6 of the joint VerDate Mar<15>2010 16:41 Sep 22, 2011 Jkt 223001 rule.1 Section 5 of the joint rule, as required by the Act, requires all nonexempt participants in designated payment systems to establish and implement written policies and procedures reasonably designed to identify and block or otherwise prevent or prohibit transactions in connection with unlawful Internet gambling.2 Section 6 of the joint rule provides nonexclusive examples of policies and procedures deemed by the Agencies to be reasonably designed to identify and block or otherwise prevent or prohibit transactions restricted by the Act. Affected Public: Businesses or other for-profit and not-for-profit organizations. Respondent Burden For the purpose of estimating burden and accounting for it with OMB, the total number of depository institutions listed for each Agency includes the number of entities regulated by the Agency and half of the remaining depository institutions and third-party processors. Each Agency is also accounting for the burden for half of the card system operators and money transmitting business operators to which the Agencies estimate the final rule applies. Board 1 Section 802 of the Act requires the Agencies to prescribe joint regulations requiring each designated payment system, and all participants in such systems, to identify and block or otherwise prevent or prohibit restricted transactions through the establishment of policies and procedures reasonably designed to identify and block or otherwise prevent or prohibit the acceptance of restricted transactions. 31 U.S.C. 5364(a). Section 802 also requires the Agencies to include in the joint rule non-exclusive examples of reasonably designed policies and procedures. 31 U.S.C. 5364(b). 2 12 CFR 233.5 and 233.6; and 31 CFR 132.5 and 132.6. Frm 00081 Treasury Estimated number of recordkeepers: 4,600 depository institutions, 3,701 credit unions, 3 card system operators, 8 money transmitting business operators, and 3 new or de novo institutions. Estimated average annual burden hours per recordkeeper: Ongoing annual burden of 8 hours per recordkeeper for depository institutions, credit unions, card system operators, and money transmitting business operators. Onetime burden of 100 hours for new or de novo institutions. Estimated frequency: Annually. Estimated total annual recordkeeping burden: Ongoing burden, 66,496 hours and one-time burden, 300 hours. The Agencies 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. By the Board of Governors of the Federal Reserve System on September 19, 2011. Jennifer J. Johnson, Secretary of the Board. Dated: September 15, 2011. By the Department of the Treasury. Robert B. Dahl, Clearance Officer. [FR Doc. 2011–24520 Filed 9–22–11; 8:45 am] BILLING CODE 6210–01–P; 4810–25–P Estimated number of recordkeepers: 3,300 depository institutions, 3,701 credit unions, 3 card system operators, 8 money transmitting business operators, and 3 new or de novo institutions. Estimated average annual burden hours per recordkeeper: Ongoing annual burden of 8 hours per recordkeeper for depository institutions, credit unions, card system operators, and money transmitting business operators. Onetime burden of 100 hours for new or de novo institutions. Estimated frequency: Annually. Estimated total annual recordkeeping burden: Ongoing burden, 56,096 hours and one-time burden, 300 hours. PO 00000 59189 Fmt 4703 Sfmt 4703 DEPARTMENT OF VETERANS AFFAIRS Special Medical Advisory Group; Notice of Meeting The Department of Veterans Affairs (VA) gives notice under Public Law 92– 463 (Federal Advisory Committee Act) that the Special Medical Advisory Group will meet on October 5, 2011, in Room 830 at VA Central Office, 810 Vermont Avenue, NW., Washington, DC, from 8:30 a.m. to 3 p.m. The meeting is open to the public. The purpose of the Group is to advise the Secretary of Veterans Affairs and the Under Secretary for Health on the care and treatment of disabled Veterans, and other matters pertinent to the Department’s Veterans Health Administration (VHA). The agenda for the meeting will include discussions on academic affiliations, health care cost structure and value, women Veterans health care, the future of clinical education and simulation training. No time will be allocated for receiving oral presentations from the public. However, members of the public may submit written statements for review by E:\FR\FM\23SEN1.SGM 23SEN1

Agencies

[Federal Register Volume 76, Number 185 (Friday, September 23, 2011)]
[Notices]
[Pages 59188-59189]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-24520]


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FEDERAL RESERVE SYSTEM

DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Renewal of a Currently 
Approved Collection; Comment Request; Prohibition on Funding of 
Unlawful Internet Gambling

AGENCIES: Board of Governors of the Federal Reserve System (``Board'') 
and Departmental Offices, Department of the Treasury (``Treasury'') 
(collectively, the ``Agencies'').

ACTION: Joint notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: The Agencies are soliciting comments concerning the currently 
approved recordkeeping requirements associated with a joint rule, which 
is being renewed without change, implementing the Unlawful Internet 
Gambling Enforcement Act of 2006 (the ``Act''). This notice is 
published jointly by the Agencies as part of their continuing effort to 
reduce paperwork and respondent burden. The public and other Federal 
agencies are invited to take this opportunity to comment on this 
information collection, as required by the Paperwork Reduction Act of 
1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)).

DATES: Comments must be submitted on or before November 22, 2011.

ADDRESSES: Interested parties are invited to submit written comments to 
either or both of the Agencies. All comments, which should refer to the 
Office of Management and Budget (OMB) control numbers, will be shared 
between the Agencies. Direct all written comments as follows: Board: 
You may submit comments, identified by OMB control no. 7100-0317, by 
any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal E-Rulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: regs.comments@ federalreserve.gov. Include docket 
number in the subject line of the message.
     Fax: 202-452-3819 or 202-452-3102.
     Mail: Jennifer J. Johnson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.
    All public comments are available from the Board's Web site at: 
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as 
submitted, unless modified for technical reasons. Accordingly, your 
comments will not be edited to remove any identifying or contact 
information. Public comments may also be viewed electronically or on 
paper in Room MP-500 of the Board's Martin Building (20th and C 
Streets, NW.,) between 9 a.m. and 5 p.m. on weekdays.
    Treasury: You may submit comments, identified by OMB control no. 
1505-0204, by regular mail to Robert B. Dahl, Treasury Department 
Clearance Officer, U.S. Department of the Treasury, 1750 Pennsylvania 
Avenue, NW., Room 11020, Washington, DC 20220. In addition, comments 
may be sent by fax to (202) 927-6797, or by electronic mail to 
Robert.Dahl@treasury.gov. In general, the Treasury will make all 
comments available in their original format, including any business or 
personal information provided such as names, addresses, e-mail 
addresses, or telephone numbers, for public inspection and copying in 
the Treasury library, Room 1428, Main Treasury Building, 1500 
Pennsylvania Avenue, NW., Washington, DC 20220, on official business 
days between the hours of 10 a.m. and 5 p.m. You can make an 
appointment to inspect comments by calling (202) 622-0990. All comments 
received, including attachments and other supporting materials, are 
part of the public record and subject to public disclosure. You should 
only submit comments that you wish to make publicly available.
    Additionally, commenters should send a copy of their comments to 
the OMB desk officer for the Agencies by mail to the Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
New Executive Office Building, Room 10235 725 17th Street, NW., 
Paperwork Reduction Project (1505-0204 for Treasury or 7100-0317 for 
the Board), Washington, DC 20503 or by fax to 202-395-6974.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
a copy of the collection may be obtained by contacting:
    Board: Cynthia Ayouch, Federal Reserve Board Clearance Officer, 
(202) 452-3829, Division of Research and Statistics, Board of Governors 
of the Federal Reserve System, 20th and C Streets, NW., Washington, DC 
20551. Telecommunications Device for the Deaf (TDD) users may call 
(202) 263-4869.
    Treasury: Robert B. Dahl, Treasury Department Clearance Officer, 
(202) 622-3119, U.S. Department of the

[[Page 59189]]

Treasury, 1750 Pennsylvania Avenue, NW., Room 11020, Washington, DC 
20220.

SUPPLEMENTARY INFORMATION:

Request for Comment on Information Collection

    Comments are invited on:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Agencies' functions; including whether 
the information has practical utility;
    b. The accuracy of the Agencies' estimate of the burden of the 
proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information 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.
    Comments submitted in response to this notice will be shared 
between the Agencies. All comments will become a matter of public 
record. Written comments should address the accuracy of the burden 
estimates and ways to minimize burden including the use of automated 
collection techniques or the use of other forms of information 
technology as well as other relevant aspects of the information 
collection request.

Proposal To Extend for Three Years, Without Revision, the Following 
Currently Approved Information Collection

    Title: Prohibition on Funding of Unlawful Internet Gambling.

OMB Control Numbers

    Board: 7100-0317.
    Treasury: 1505-0204.
    Abstract: On November 18, 2008, the Agencies published a joint 
notice of final rulemaking in the Federal Register (73 FR 69382) 
adopting a rule on a prohibition on the funding of unlawful Internet 
gambling pursuant to the Act. Identical sets of the final joint rule 
with identically numbered sections were adopted by the Board and the 
Treasury within their respective titles of the Code of Federal 
Regulations (12 CFR part 233 for the Board and 31 CFR part 132 for the 
Treasury). The compliance date for the joint rule was June 1, 2010 (74 
FR 62687). The collection of information is set out in sections 5 and 6 
of the joint rule.\1\ Section 5 of the joint rule, as required by the 
Act, requires all non-exempt participants in designated payment systems 
to establish and implement written policies and procedures reasonably 
designed to identify and block or otherwise prevent or prohibit 
transactions in connection with unlawful Internet gambling.\2\ Section 
6 of the joint rule provides non-exclusive examples of policies and 
procedures deemed by the Agencies to be reasonably designed to identify 
and block or otherwise prevent or prohibit transactions restricted by 
the Act.
---------------------------------------------------------------------------

    \1\ Section 802 of the Act requires the Agencies to prescribe 
joint regulations requiring each designated payment system, and all 
participants in such systems, to identify and block or otherwise 
prevent or prohibit restricted transactions through the 
establishment of policies and procedures reasonably designed to 
identify and block or otherwise prevent or prohibit the acceptance 
of restricted transactions. 31 U.S.C. 5364(a). Section 802 also 
requires the Agencies to include in the joint rule non-exclusive 
examples of reasonably designed policies and procedures. 31 U.S.C. 
5364(b).
    \2\ 12 CFR 233.5 and 233.6; and 31 CFR 132.5 and 132.6.
---------------------------------------------------------------------------

    Affected Public: Businesses or other for-profit and not-for-profit 
organizations.

Respondent Burden

    For the purpose of estimating burden and accounting for it with 
OMB, the total number of depository institutions listed for each Agency 
includes the number of entities regulated by the Agency and half of the 
remaining depository institutions and third-party processors. Each 
Agency is also accounting for the burden for half of the card system 
operators and money transmitting business operators to which the 
Agencies estimate the final rule applies.

Board

    Estimated number of recordkeepers: 3,300 depository institutions, 
3,701 credit unions, 3 card system operators, 8 money transmitting 
business operators, and 3 new or de novo institutions.
    Estimated average annual burden hours per recordkeeper: Ongoing 
annual burden of 8 hours per recordkeeper for depository institutions, 
credit unions, card system operators, and money transmitting business 
operators. One-time burden of 100 hours for new or de novo 
institutions.
    Estimated frequency: Annually.
    Estimated total annual recordkeeping burden: Ongoing burden, 56,096 
hours and one-time burden, 300 hours.

Treasury

    Estimated number of recordkeepers: 4,600 depository institutions, 
3,701 credit unions, 3 card system operators, 8 money transmitting 
business operators, and 3 new or de novo institutions.
    Estimated average annual burden hours per recordkeeper: Ongoing 
annual burden of 8 hours per recordkeeper for depository institutions, 
credit unions, card system operators, and money transmitting business 
operators. One-time burden of 100 hours for new or de novo 
institutions.
    Estimated frequency: Annually.
    Estimated total annual recordkeeping burden: Ongoing burden, 66,496 
hours and one-time burden, 300 hours.
    The Agencies 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.

    By the Board of Governors of the Federal Reserve System on 
September 19, 2011.
Jennifer J. Johnson,
Secretary of the Board.
    Dated: September 15, 2011.

    By the Department of the Treasury.
Robert B. Dahl,
Clearance Officer.
[FR Doc. 2011-24520 Filed 9-22-11; 8:45 am]
BILLING CODE 6210-01-P; 4810-25-P