Agency Information Collection Activities; Information Collection Renewal; Comment Request, 69546-69547 [2012-28043]

Download as PDF pmangrum on DSK3VPTVN1PROD with NOTICES 69546 Federal Register / Vol. 77, No. 223 / Monday, November 19, 2012 / Notices Counsel/Associate Chief Counsel (Tax Exempt and Government Entities). It explains the forms of advice and the manner in which advice is requested by taxpayers and provided by the Service. Affected Public: Private sector: Business or other for-profits. Estimated Total Burden Hours: 305,540. OMB Number: 1545–1539. Type of Review: Extension without change. Title: REG–208172–91 (TD 8787— final) Basis Reduction Due to Discharge of Indebtedness. Abstract: The IRS will use the information provided by taxpayers owning interests in partnerships and owning section 1221(i) real property to verify compliance with sections 1017(b)(3)(C), 1017(b)(3)(E), 1017(b)(3)(F), and 1017(b)(4)(X). Affected Public: Individuals or households. Estimated Total Burden Hours: 10,000. OMB Number: 1545–1673. Type of Review: Revision of a currently approved collection. Title: Rev Proc 2008–50—Employee Plans Compliance Resolution System (RP 2006–27); Form 8950—App For Voluntary Correction Program; Form 8951—Compliance Fee for Emp Plans Voluntary Correction Program. Abstract: The information requested in Revenue Procedure 2008–50 is required to enable the Internal Revenue Service to make determinations on the issuance of various types of closing agreements and compliance statements. The issuance of the agreements and statements allow individual plans to maintain their tax-qualified status. As a result, the favorable tax treatment of the benefits of the eligible employees is retained. Affected Public: Private sector: Business or other for-profits. Estimated Total Burden Hours: 99,170. OMB Number: 1545–1683. Type of Review: Extension without change. Title: Notice Concerning Fiduciary Relationship-Illinois Type Land Trust. Abstract: The data collected on the forms provides trustees of Illinois Land Trusts a convenient method of reporting information related to creating, changing, and closing such trusts. Affected Public: Private sector: Business or other for-profits. Estimated Total Burden Hours: 22,000. OMB Number: 1545–1832. Type of Review: Extension without change. VerDate Mar<15>2010 14:04 Nov 16, 2012 Jkt 229001 Title: Systemic Advocacy Issue Submission Form. Form: 14411. Abstract: Form 14411 is to be used by individuals, businesses, practitioners and other public groups to identify systemic problems that taxpayers are encountering with IRS. This form will be submitted electronically via the IRS.gov Web site. Mailed or faxed forms will be accepted and are necessary. Affected Public: Private sector: Business or other for-profits. Estimated Total Burden Hours: 336. OMB Number: 1545–1971. Type of Review: Revision of a currently approved collection. Title: Household Employment Taxes. Form: 1040 H. Abstract: Schedule H (Form 1040) is used by individuals to report their employment taxes. The data is used to verify that the items reported on the form is correct and also for general statistical use. Affected Public: Private sector: Business or other for-profits. Estimated Total Burden Hours: 655,209. OMB Number: 1545–1973. Type of Review: Extension without change. Title: Net Profit from Business. Abstract: Schedule C–EZ (Form 1040) is used by individuals to report their employment taxes. The data is used to verify that the items reported on the form is correct and also for general statistical use. Affected Public: Private sector: Business or other for-profits. Estimated Total Burden Hours: 1,027,515. Robert Dahl, Treasury PRA Clearance Officer. [FR Doc. 2012–28021 Filed 11–16–12; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities; Information Collection Renewal; Comment Request Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Joint notice and request for comment. AGENCIES: In accordance with the requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35), the OCC may not conduct or sponsor, and a respondent is not SUMMARY: PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is extending, without revision, the ‘‘RiskBased Capital Standards: Advanced Capital Adequacy Framework’’ information collection, pending OMB review and action on proposed changes to the collection arising from proposed rules published in the Federal Register on August 30, 2012, entitled ‘‘Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action;’’ ‘‘Regulatory Capital Rules: Standardized Approach for RiskWeighted Assets; Market Discipline and Disclosure Requirements;’’ and ‘‘Regulatory Capital Rules: Advanced Approaches Risk-Based Capital Rule; Market Risk Capital Rule.’’ DATES: Comments must be submitted on or before January 18, 2013. ADDRESSES: Communications Division, Office of the Comptroller of the Currency, Public Information Room, Mail Stop 2–3, Attention: 1557–0234, 250 E Street SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) 874–5274, or by electronic mail to regs.comments@occ.treas.gov. You may personally inspect and photocopy comments at the OCC, 250 E Street SW., Washington, DC. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 874–4700. Upon arrival, visitors will be required to present valid government-issued photo identification and submit to security screening in order to inspect and photocopy comments. FOR FURTHER INFORMATION CONTACT: Johnny Vilela, or Mary Gottlieb, OCC Clearance Officers, (202) 874–5090, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is proposing to renew the following currently approved collection of information without change: Title: Risk-Based Capital Standards; Advanced Capital Adequacy Framework. OMB Control No.: 1557–0234. Frequency of Response: On occasion. Affected Public: Insured National banks and Federal branches and agencies of foreign banks, Federal savings associations. Estimated Number of Respondents: 55. E:\FR\FM\19NON1.SGM 19NON1 pmangrum on DSK3VPTVN1PROD with NOTICES Federal Register / Vol. 77, No. 223 / Monday, November 19, 2012 / Notices Estimated Total Annual Burden: 821,640 hours. General Description of Collection: On December 7, 2007, the OCC, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (Agencies) issued the joint final rule entitled ‘‘Risk-Based Capital Standards: Advanced Capital Adequacy Framework’’ (final rule) implementing a new risk-based regulatory capital framework for institutions in the United States. The final rule requires certain large or internationally active banks and bank holding companies to (1) Adopt a written implementation plan, (2) update that plan for any mergers, (3) obtain prior written approvals for the use of certain approaches for determining riskweighted assets, and (4) make certain public disclosures regarding their capital ratios, their components, and information on implicit support provided to a securitization. The Agencies, on August 30, 2012, proposed three rules that would amend this collection: Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action (77 FR 52792); Regulatory Capital Rules: Standardized Approach for RiskWeighted Assets; Market Discipline and Disclosure Requirements (77 FR 52888); and Regulatory Capital Rules: Advanced Approaches Risk-based Capital Rules; Market Risk Capital Rule (77 FR 52978). An information collection request to revise and rename the collection on the basis of the three rules has been submitted to OMB for review. However, the OCC is proceeding with the renewal process to ensure continuation of the collection in the event that OMB does not act on the OCC’s request to revise the collection prior to its expiration date. Comments submitted in response to this notice will be summarized, included in the request for OMB approval, and become a matter of public record. Comments are invited on: a. Whether the information collections are necessary for the proper performance of the OCC’s functions, including whether the information has practical utility; b. The accuracy of the OCC’s estimate of the burden of the 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 collections on respondents, VerDate Mar<15>2010 14:04 Nov 16, 2012 Jkt 229001 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 14, 2012. Michele Meyer, Assistant Director, Legislative and Regulatory Activities Division. [FR Doc. 2012–28043 Filed 11–16–12; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Designation of an Individual Pursuant to Executive Order 13413 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of one individual whose property and interests in property have been blocked pursuant to Executive Order 13413 of October 27, 2006, ‘‘Blocking Property of Certain Persons Contributing to the Conflict in the Democratic Republic of Congo.’’ DATES: The designation by the Director of OFAC of the one individual identified in this notice, pursuant to Executive Order 13413 of October 27, 2006, is effective on November 13, 2012. FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions Compliance and Evaluation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, tel.: 202/622–2490. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (www.treas.gov/ofac) and via facsimile through a 24-hour fax-on demand service, tel.: (202) 622–0077. Background On October 27, 2006, the President signed Executive Order 13413 (the ‘‘Order’’ or ‘‘E.O. 13413’’) pursuant to, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA) and section 5 of the United Nations Participation Act, as amended (22 U.S.C. 287c) (UNPA). In the Order, the President found that the situation in or in relation to the Democratic Republic of the Congo constitutes an unusual and PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 69547 extraordinary threat to the foreign policy of the United States and imposed sanctions, and authorized additional sanctions, to address that threat. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in, or thereafter come within, the United States, or within the possession or control of United States persons, of the persons identified by the President in the Annex to the Order, as well as those persons determined by the Secretary of the Treasury, after consultation with the Secretary of State, to meet any of the criteria set forth in subparagraphs (a)(ii)(A)–(a)(ii)(G) of Section 1 of the Order. On November 13, 2012, the Director of OFAC exercised the Secretary of the Treasury’s authority to designate, pursuant to one or more of the criteria set forth in Section 1 of the Order, the one individual listed below, whose property and interests in property therefore are blocked pursuant to E.O. 13413. The listing of the blocked individual appears as follows: 1. MAKENGA, Sultani (a.k.a. MAKENGA, Emmanuel Sultani); DOB 25 Dec 1973; POB Rutshuru, Democratic Republic of the Congo; Colonel (individual) [DRCONGO]. Dated: November 13, 2012. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2012–28037 Filed 11–16–12; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Bureau of the Public Debt Proposed Collection: Comment Request 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 Bureau of the Public Debt within the Department of the Treasury is soliciting comments concerning Regulations governing U.S. Treasury Securities—State and Local Government Series. SUMMARY: E:\FR\FM\19NON1.SGM 19NON1

Agencies

[Federal Register Volume 77, Number 223 (Monday, November 19, 2012)]
[Notices]
[Pages 69546-69547]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-28043]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities; Information Collection 
Renewal; Comment Request

AGENCIES: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Joint notice and request for comment.

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

SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (44 U.S.C. chapter 35), the OCC may not conduct or sponsor, 
and a respondent is not required to respond to, an information 
collection unless it displays a currently valid Office of Management 
and Budget (OMB) control number. The OCC is extending, without 
revision, the ``Risk-Based Capital Standards: Advanced Capital Adequacy 
Framework'' information collection, pending OMB review and action on 
proposed changes to the collection arising from proposed rules 
published in the Federal Register on August 30, 2012, entitled 
``Regulatory Capital Rules: Regulatory Capital, Implementation of Basel 
III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition 
Provisions, and Prompt Corrective Action;'' ``Regulatory Capital Rules: 
Standardized Approach for Risk-Weighted Assets; Market Discipline and 
Disclosure Requirements;'' and ``Regulatory Capital Rules: Advanced 
Approaches Risk-Based Capital Rule; Market Risk Capital Rule.''

DATES: Comments must be submitted on or before January 18, 2013.

ADDRESSES: Communications Division, Office of the Comptroller of the 
Currency, Public Information Room, Mail Stop 2-3, Attention: 1557-0234, 
250 E Street SW., Washington, DC 20219. In addition, comments may be 
sent by fax to (202) 874-5274, or by electronic mail to 
regs.comments@occ.treas.gov. You may personally inspect and photocopy 
comments at the OCC, 250 E Street SW., Washington, DC. For security 
reasons, the OCC requires that visitors make an appointment to inspect 
comments. You may do so by calling (202) 874-4700. Upon arrival, 
visitors will be required to present valid government-issued photo 
identification and submit to security screening in order to inspect and 
photocopy comments.

FOR FURTHER INFORMATION CONTACT: Johnny Vilela, or Mary Gottlieb, OCC 
Clearance Officers, (202) 874-5090, Legislative and Regulatory 
Activities Division, Office of the Comptroller of the Currency, 250 E 
Street SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to renew the following 
currently approved collection of information without change:
    Title: Risk-Based Capital Standards; Advanced Capital Adequacy 
Framework.
    OMB Control No.: 1557-0234.
    Frequency of Response: On occasion.
    Affected Public: Insured National banks and Federal branches and 
agencies of foreign banks, Federal savings associations.
    Estimated Number of Respondents: 55.

[[Page 69547]]

    Estimated Total Annual Burden: 821,640 hours.
    General Description of Collection: On December 7, 2007, the OCC, 
the Board of Governors of the Federal Reserve System, and the Federal 
Deposit Insurance Corporation (Agencies) issued the joint final rule 
entitled ``Risk-Based Capital Standards: Advanced Capital Adequacy 
Framework'' (final rule) implementing a new risk-based regulatory 
capital framework for institutions in the United States. The final rule 
requires certain large or internationally active banks and bank holding 
companies to (1) Adopt a written implementation plan, (2) update that 
plan for any mergers, (3) obtain prior written approvals for the use of 
certain approaches for determining risk-weighted assets, and (4) make 
certain public disclosures regarding their capital ratios, their 
components, and information on implicit support provided to a 
securitization.
    The Agencies, on August 30, 2012, proposed three rules that would 
amend this collection: Regulatory Capital Rules: Regulatory Capital, 
Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital 
Adequacy, Transition Provisions, and Prompt Corrective Action (77 FR 
52792); Regulatory Capital Rules: Standardized Approach for Risk-
Weighted Assets; Market Discipline and Disclosure Requirements (77 FR 
52888); and Regulatory Capital Rules: Advanced Approaches Risk-based 
Capital Rules; Market Risk Capital Rule (77 FR 52978). An information 
collection request to revise and rename the collection on the basis of 
the three rules has been submitted to OMB for review. However, the OCC 
is proceeding with the renewal process to ensure continuation of the 
collection in the event that OMB does not act on the OCC's request to 
revise the collection prior to its expiration date.
    Comments submitted in response to this notice will be summarized, 
included in the request for OMB approval, and become a matter of public 
record. Comments are invited on:
    a. Whether the information collections are necessary for the proper 
performance of the OCC's functions, including whether the information 
has practical utility;
    b. The accuracy of the OCC's estimate of the burden of the 
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 collections 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 14, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 2012-28043 Filed 11-16-12; 8:45 am]
BILLING CODE 4810-33-P

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