Discontinuance of Annual Financial Assessments-Implementation, 12271-12272 [2014-04686]

Download as PDF tkelley on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 79, No. 42 / Tuesday, March 4, 2014 / Notices Development Entity (CDE) must have submitted an application for CDE certification that was postmarked on or before August 9, 2013 (see Section III of the NOAA for more details). Executive Summary: This notice amends the NOAA that was published on July 29, 2013 (78 FR 45604) for the combined calendar year 2013 and 2014 allocation round of the NMTC Program, as authorized by Title I, subtitle C, section 121 of the Community Renewal Tax Relief Act of 2000 (Pub. L. 106–554) and as amended thereafter. Through the NMTC Program, the CDFI Fund provides authority to CDEs to offer an incentive to investors in the form of tax credits over seven years, which is expected to stimulate the provision of private investment capital that, in turn, will facilitate economic and community development in Low-Income Communities. The July 29, 2013 NOAA announced the availability of up to $8.5 billion of NMTC investment authority, $3.5 billion of which was authorized by American Taxpayer Relief Act of 2012 and an additional $5.0 billion, which was subject to Congressional authorization. Because the CDFI Fund has not received Congressional allocation authority for calendar year 2014 as of the date of this notice, it is amending the July 29, 2013 NOAA to reflect the authorized authority for calendar year 2013 only. Thus, this notice revises the July 29, 2013 NOAA such that the funding opportunity announced therein no longer includes the combined calendar years 2013 and 2014, but is for calendar year 2013 only. Decrease in Allocation Authority: The July 29, 2013 NOAA announced that there would be a total of $8.5 billion of NMTC allocation authority available in the combined calendar year 2013 and 2014 Allocation Round. This notice revises the July 29, 2013 NOAA such that $3.5 billion of NMTC allocation authority is available for calendar year 2013 only. Decrease of Award Amount: The July 29, 2013 NOAA also announced that the CDFI Fund anticipates that it will provide allocation awards of not more than $125 million per Allocatee. Due to not having allocation authority for calendar year 2014 as of the date of this notice, this notice revises the July 29, 2013 NOAA such that the CDFI Fund now expects that it may provide allocation awards of not more than $100 million of allocation per Allocatee. All other information and requirements set forth in the July 29, 2013 NOAA shall remain effective, as published. VerDate Mar<15>2010 19:07 Mar 03, 2014 Jkt 232001 Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 CFR 1.45D–1. Dated: February 27, 2014. Dennis Nolan, Deputy Director, Community Development Financial Institutions Fund. [FR Doc. 2014–04723 Filed 3–3–14; 8:45 am] BILLING CODE 4810–70–P U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION Notice of Open Public Hearing U.S.-China Economic and Security Review Commission. ACTION: Notice of open public hearing— March 13, 2014, Washington, DC. AGENCY: Notice is hereby given of the following hearing of the U.S.-China Economic and Security Review Commission. Name: Dennis C. Shea, Chairman of the U.S.-China Economic and Security Review Commission. The Commission is mandated by Congress to investigate, assess, and report to Congress annually on ‘‘the national security implications of the economic relationship between the United States and the People’s Republic of China.’’ Pursuant to this mandate, the Commission will hold a public hearing in Washington, DC on March 13, 2014, ‘‘China and Evolving Security Dynamics in East Asia.’’ Background: This is the third public hearing the Commission will hold during its 2014 report cycle to collect input from academic, industry, and government experts on national security implications of the U.S. bilateral trade and economic relationship with China. This hearing will explore the evolving security dynamics in Asia and the effects of this changing environment on the United States. More specifically, it will address how Northeast and Southeast Asia are responding to China’s rise and consider what implications follow for U.S. alliances and partnerships in the region. The hearing will be co-chaired by Commissioners Peter T.R. Brookes and Jeffrey L. Fiedler. Any interested party may file a written statement by March 13, 2014, by mailing to the contact below. A portion of each panel will include a question and answer period between the Commissioners and the witnesses. Location, Date and Time: Location TBA. Thursday, March 13, 2014, 9:00am—3:00pm Eastern Time. A detailed agenda for the hearing will be posted to the Commission’s Web site at www.uscc.gov. Also, please check our Web site for possible changes to the SUMMARY: PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 12271 hearing schedule. Reservations are not required to attend the hearing. FOR FURTHER INFORMATION CONTACT: Any member of the public seeking further information concerning the hearing should contact Reed Eckhold, 444 North Capitol Street, NW., Suite 602, Washington DC 20001; phone: 202–624– 1496, or via email at reckhold@uscc.gov. Reservations are not required to attend the hearing. Authority: Congress created the U.S.China Economic and Security Review Commission in 2000 in the National Defense Authorization Act (Pub. L. 106– 398), as amended by Division P of the Consolidated Appropriations Resolution, 2003 (Pub. L. 108–7), as amended by Public Law 109–108 (November 22, 2005). Dated: February 27, 2014. Michael Danis, Executive Director, U.S.-China Economic and Security Review Commission. [FR Doc. 2014–04785 Filed 3–3–14; 8:45 am] BILLING CODE 1137–00–P DEPARTMENT OF VETERANS AFFAIRS Discontinuance of Annual Financial Assessments—Implementation Department of Veterans Affairs. Notice. AGENCY: ACTION: The Department of Veterans Affairs (VA) published a Notice in the Federal Register on October 25, 2013 (78 FR 64065), announcing that we intended to change financial reporting practices requiring annual financial assessments from certain veterans enrolled in the VA health care system. On December 30, 2013 (78 FR 79564), VA announced that it was postponing implementation of this change until a date to be determined, due to delays in modifying computer software. The purpose of this Notice is to notify interested parties that the first phase of this change will be implemented no later than March 31, 2014. FOR FURTHER INFORMATION CONTACT: Kristin J. Cunningham, Director Business Policy, Chief Business Office, Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420; (202) 382–2508. (This is not a toll-free number.) SUPPLEMENTARY INFORMATION: Certain veterans are enrolled in the VA health care system based on their income: Priority Groups 5, 7, and 8. VA requires these veterans to submit a financial assessment when initially enrolled and then requests resubmission of this SUMMARY: E:\FR\FM\04MRN1.SGM 04MRN1 12272 Federal Register / Vol. 79, No. 42 / Tuesday, March 4, 2014 / Notices tkelley on DSK3SPTVN1PROD with NOTICES information each year thereafter on the enrollment anniversary. VA verifies that self-reported financial information through a computer matching of income reported to the Internal Revenue Service (IRS) and Social Security Administration (SSA). VA intends to eliminate this annual burden by changing the financial reporting practices. Veterans will be requested to submit financial assessment information using a VA Form 10–10EZ only during the initial enrollment process. VA will continue to receive income information from IRS and SSA, which will then be compared to the information initially provided by the veteran. A veteran will be asked to provide further income and asset information, or to verify the data provided by IRS or SSA, only in those cases where VA identifies a change to VerDate Mar<15>2010 19:07 Mar 03, 2014 Jkt 232001 the veteran’s income that would result in a change to the veteran’s priority group status. As stated in VA’s October 25, 2013, Notice, this change in policy will be implemented in phases because the policy change requires revision of current VA forms and processes including updating existing information technology. VA stated that the change would be implemented in phases beginning no later than the end of calendar year 2013. Phase I will eliminate the need for current enrollees to submit the annual financial assessment. Phase II, which will include new enrollees, is targeted after Phase I is completed. During Phase II, VA will discontinue the requirement that new enrollees placed in Priority Group 5, 7, or 8 provide an annual update of financial assessment information. PO 00000 Frm 00130 Fmt 4703 Sfmt 9990 In VA’s Notice of December 30, 2013, we stated that implementation would be postponed until a date to be determined due to delays in revising and updating supporting computer software. The purpose of this Notice is to notify interested parties that the first phase of this change will be implemented no later than March 31, 2014. VA will publish a Notice in the Federal Register to announce when Phase I of the implementation is complete and the commencement of Phase II. Dated: February 27, 2014. William F. Russo, Deputy Director, Office of Regulation Policy and Management, Office of the General Counsel. [FR Doc. 2014–04686 Filed 3–3–14; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\04MRN1.SGM 04MRN1

Agencies

[Federal Register Volume 79, Number 42 (Tuesday, March 4, 2014)]
[Notices]
[Pages 12271-12272]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-04686]


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DEPARTMENT OF VETERANS AFFAIRS


Discontinuance of Annual Financial Assessments--Implementation

AGENCY: Department of Veterans Affairs.

ACTION: Notice.

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SUMMARY: The Department of Veterans Affairs (VA) published a Notice in 
the Federal Register on October 25, 2013 (78 FR 64065), announcing that 
we intended to change financial reporting practices requiring annual 
financial assessments from certain veterans enrolled in the VA health 
care system. On December 30, 2013 (78 FR 79564), VA announced that it 
was postponing implementation of this change until a date to be 
determined, due to delays in modifying computer software. The purpose 
of this Notice is to notify interested parties that the first phase of 
this change will be implemented no later than March 31, 2014.

FOR FURTHER INFORMATION CONTACT: Kristin J. Cunningham, Director 
Business Policy, Chief Business Office, Department of Veterans Affairs, 
810 Vermont Avenue NW., Washington, DC 20420; (202) 382-2508. (This is 
not a toll-free number.)

SUPPLEMENTARY INFORMATION: Certain veterans are enrolled in the VA 
health care system based on their income: Priority Groups 5, 7, and 8. 
VA requires these veterans to submit a financial assessment when 
initially enrolled and then requests resubmission of this

[[Page 12272]]

information each year thereafter on the enrollment anniversary. VA 
verifies that self-reported financial information through a computer 
matching of income reported to the Internal Revenue Service (IRS) and 
Social Security Administration (SSA).
    VA intends to eliminate this annual burden by changing the 
financial reporting practices. Veterans will be requested to submit 
financial assessment information using a VA Form 10-10EZ only during 
the initial enrollment process. VA will continue to receive income 
information from IRS and SSA, which will then be compared to the 
information initially provided by the veteran. A veteran will be asked 
to provide further income and asset information, or to verify the data 
provided by IRS or SSA, only in those cases where VA identifies a 
change to the veteran's income that would result in a change to the 
veteran's priority group status.
    As stated in VA's October 25, 2013, Notice, this change in policy 
will be implemented in phases because the policy change requires 
revision of current VA forms and processes including updating existing 
information technology. VA stated that the change would be implemented 
in phases beginning no later than the end of calendar year 2013. Phase 
I will eliminate the need for current enrollees to submit the annual 
financial assessment. Phase II, which will include new enrollees, is 
targeted after Phase I is completed. During Phase II, VA will 
discontinue the requirement that new enrollees placed in Priority Group 
5, 7, or 8 provide an annual update of financial assessment 
information.
    In VA's Notice of December 30, 2013, we stated that implementation 
would be postponed until a date to be determined due to delays in 
revising and updating supporting computer software. The purpose of this 
Notice is to notify interested parties that the first phase of this 
change will be implemented no later than March 31, 2014. VA will 
publish a Notice in the Federal Register to announce when Phase I of 
the implementation is complete and the commencement of Phase II.

    Dated: February 27, 2014.
William F. Russo,
Deputy Director, Office of Regulation Policy and Management, Office of 
the General Counsel.
[FR Doc. 2014-04686 Filed 3-3-14; 8:45 am]
BILLING CODE 8320-01-P
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