Financial Research Advisory Committee, 22004-22005 [2014-08905]

Download as PDF 22004 Federal Register / Vol. 79, No. 75 / Friday, April 18, 2014 / Notices 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 calling (202) 927–5331, email at PRA@treasury.gov, or the entire information collection request may be found at www.reginfo.gov. Internal Revenue Service (IRS) mstockstill on DSK4VPTVN1PROD with NOTICES OMB Number: 1545–1349. Type of Review: Revision of a currently approved collection. Title: Cognitive and Psychological Research. Abstract: The proposed research will improve the quality of the data collection by examining the psychological and cognitive aspects of methods and procedures such as: Interviewing processes, forms redesign, survey and tax collection technology and operating procedures (internal and external in nature). Affected Public: Individuals or Households. Estimated Burden Hours: 30,000. OMB Number: 1545–1360. Type of Review: Extension without change of a currently approved collection. Title: TD 8612—Income, Gift and Estate Tax (PS–102–88). Abstract: This regulation concerns the availability of the gift and estate tax marital deduction when the donee spouse or the surviving spouse is not a United States citizen. The regulation provides guidance to individuals or fiduciaries: (1) For making a qualified domestic trust election on the estate tax return of a decedent whose surviving spouse is not a United States citizen in order that the estate may obtain the marital deduction, and (2) for filing the annual returns that such an election may require. Affected Public: Individuals or Households. Estimated Annual Burden Hours: 6,150. OMB Number: 1545–1628. Type of Review: Extension without change of a currently approved collection. Title: TD 8855—Communications Excise Tax; Prepaid Telephone Cards (REG–118620–97). Abstract: Carriers must keep certain information documenting their sales of prepaid telephone cards to other carriers to avoid responsibility for collecting tax. The regulations provide rules for the VerDate Mar<15>2010 16:54 Apr 17, 2014 Jkt 232001 application of the communication excise tax to prepaid telephone cards. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 34. OMB Number: 1545–1642. Type of Review: Extension without change of a currently approved collection. Title: TD 8853 (Final), Recharacterizing Financing Arrangements Involving Fast-Pay Stock. Abstract: Section 1.7701(l)–3 recharacterizes fast-pay arrangements. Certain participants in such arrangements must file a statement that includes the name of the corporation that issued the fast-pay stock, and (to the extent the filing taxpayer knows or has reason to know) the terms of the fast-pay stock, the date on which it was issued, and the names and taxpayer identification numbers of any shareholders of any class of stock that is not traded on an established securities market. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 50. OMB Number: 1545–1898. Type of Review: Extension without change of a currently approved collection. Title: Revenue Procedure 2004–47, Simplified Alternate Procedure for Making Late Reverse QTIP Election. Abstract: This revenue procedure provides a simplified alternate procedure (in lieu of requesting a letter ruling) for certain executors of estates and trustees of trusts to request relief to make a late reverse qualified terminable interest property (QTIP) election under section 2652 of the Code. Affected Public: Individuals or Households. Estimated Annual Burden Hours: 54. OMB Number: 1545–2091. Type of Review: Extension without change of a currently approved collection. Title: TD 9512—Nuclear Decommissioning Costs. Abstract: Statutory changes under section 468A of the Internal Revenue Code permit taxpayers that have been subject to limitations on contributions to qualified nuclear decommissioning funds in previous years to make a contribution to the fund of the previously-excluded amount. The final regulation provides guidance concerning the calculation of the amount of the contribution and the manner of making the contribution. Affected Public: Private Sector: Businesses or other for-profits. PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 Estimated Annual Burden Hours: 2,500. Dawn D. Wolfgang, Treasury PRA Clearance Officer. [FR Doc. 2014–08874 Filed 4–17–14; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Financial Research Advisory Committee Office of Financial Research, Treasury. ACTION: Financial Research Advisory Committee–Notice of Charter Renewal and Solicitation of Applications for Committee Membership. AGENCY: The charter for the Financial Research Advisory Committee has been renewed for a two-year period beginning April 4, 2014. The Office of Financial Research seeks applications from individuals who wish to serve on the Committee. SUMMARY: FOR FURTHER INFORMATION CONTACT: Andrea B. Ianniello, Designated Federal Officer, Office of Financial Research, Department of the Treasury, (202) 622– 3002. SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee Act, (Pub. L. 92–463, 5 U.S.C. App. 2 § 1–16, as amended), the Treasury Department established a Financial Research Advisory Committee (Committee) to provide advice and recommendations to the Office of Financial Research (OFR) and to assist the OFR in carrying out its duties and authorities. (I) Authorities of the OFR The OFR was established under Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111–203, July 21, 2010). The purpose of the OFR is to support the Financial Stability Oversight Council (Council) in fulfilling the purposes and duties of the Council and to support the Council’s member agencies by: —Collecting data on behalf of the Council, and providing such data to the Council and member agencies; —Standardizing the types and formats of data reported and collected; —Performing applied research and essential long-term research; —Developing tools for risk measurement and monitoring; —Performing other related services; —Making the results of the activities of the OFR available to financial regulatory agencies; and —Assisting such member agencies in determining the types and formats of E:\FR\FM\18APN1.SGM 18APN1 Federal Register / Vol. 79, No. 75 / Friday, April 18, 2014 / Notices data authorized by the Dodd-Frank Act to be collected by such member agencies. mstockstill on DSK4VPTVN1PROD with NOTICES (II) Scope and Membership of the Committee The Committee was established to advise the OFR on issues related to the responsibilities of the office. It may provide its advice, recommendations, analysis, and information directly to the OFR and the OFR may share the Committee’s advice and recommendations with the Secretary of the Treasury or other Treasury officials. The OFR will share information with the Committee as the Director determines will be helpful in allowing the Committee to carry out its role. The Committee charter was renewed for a two-year term on April 4, 2014. The OFR is soliciting applications for membership on the Committee in order to provide for rotation of membership, as provided in its original and proposed renewed charter, as well as to provide for a diverse and balanced body with a variety of interests, backgrounds, and viewpoints represented. Providing for such diversity enhances the views and advice offered by the Committee. (II) Application for Advisory Committee Appointment Treasury seeks applications from individuals representative of a constituency within the fields of economics, financial institutions and markets, statistical analysis, financial markets analysis, econometrics, applied sciences, risk management, data management, information standards, technology, or other areas related to OFR’s duties and authorities. The terms of members chosen to serve may vary from one to three years. No person who is a Federally-registered lobbyist may serve on the Committee. Membership on the Committee is limited to the individuals appointed and is nontransferrable. Regular attendance is essential to the effective operation of the Committee. Some members of the Committee may be required to adhere to the conflict of interest rules applicable to Special Government Employees, as such employees are defined in 18 U.S.C. section 202(a). These rules include relevant provisions in 18 U.S.C. related to criminal activity, Standards of Ethical Conduct for Employees of the Executive Branch (5 CFR part 2635), and Executive Order 12674 (as modified by Executive Order 12731). To apply, an applicant must submit an appropriately-detailed resume and a cover letter describing their interest, reasons for application, and qualifications. In accordance with VerDate Mar<15>2010 16:54 Apr 17, 2014 Jkt 232001 Department of Treasury Directive 21–03, a clearance process includes fingerprints, tax checks, and a Federal Bureau of Investigation criminal check. Applicants must state in their application that they agree to submit to these pre-appointment checks. The application period for interested candidates will close on April 25, 2014. Applications should be submitted in sufficient time to be received by the close of business on the closing date and should be sent to Andrea.B.IannielloOFR@treasury.gov or by mail to: Office of Financial Research, Department of the Treasury, Attention: Andrea B. Ianniello, 1500 Pennsylvania Avenue NW., MT–1330, Washington, DC 20220. Dated: April 10, 2014. Barbara Shycoff, Chief of External Affairs. [FR Doc. 2014–08905 Filed 4–17–14; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY State Small Business Credit Initiative; Notice of Availability of Revised Policy Guidelines and National Standards State Small Business Credit Initiative (SSBCI), Department of the Treasury. ACTION: Notice of document availability. AGENCY: This Notice announces the availability of revised SSBCI Policy Guidelines and SSBCI National Standards for Compliance and Oversight. DATES: Effective Date: April 18, 2014. ADDRESSES: Copies of the document are available at the SSBCI Web site at www.treasury.gov/ssbci. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to Deputy Director, SSBCI, Department of the Treasury, 655 15th Street NW., Washington, DC 20220. SUPPLEMENTARY INFORMATION: SSBCI was created under the Small Business Jobs Act of 2010 (Pub. L. 111–240) (the ‘‘Act’’) to help establish and strengthen state programs that support lending to small businesses. Under SSBCI, all states, territories, the District of Columbia, and eligible municipalities (collectively, ‘‘Participating States’’) could apply for and receive an allocation of SSBCI funds to design and implement programs to expand access to capital to small businesses. Treasury published the SSBCI Policy Guidelines (‘‘Policy Guidelines’’) and SSBCI National Standards for Compliance and Oversight (‘‘National Standards’’), SUMMARY: PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 22005 which are applicable to all Participating States as they implement their SSBCI programs. The Policy Guidelines articulate program rules and the National Standards provide Participating States with a recommended framework for identifying, monitoring, and managing SSBCI compliance and oversight risks. Since the documents were initially published, Treasury has clarified certain program rules regarding conflicts of interest in Venture Capital Programs and is now issuing revised guidelines and standards to reflect the clarifications. Specifically, the revisions to the Policy Guidelines clarify: (1) The certifications that must be obtained from financial institution lender or nonfinancial institution lender if the business is receiving the benefit of SSBCI funds through an Other Credit Support Program that is not an SSBCI Venture Capital Program; (2) the certifications that must be obtained from financial institution lender or nonfinancial institution lender if the business is receiving the benefit of SSBCI funds through an an SSBCI Venture Capital Program. The revisions to the National Standards clarify (1) the conflict of interest rules that apply to SSBCI Venture Capital Programs. The Policy Guidelines and National Standards are available on Treasury’s Web site at www.treasury.gov/ssbci. Dated: April 14, 2014. Clifton G. Kellogg, Director, State Small Business Credit Initiative. [FR Doc. 2014–08904 Filed 4–17–14; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable On Federal Bonds: Starr Indemnity & Liability Company Bureau of the Fiscal Service, Fiscal Service, Department of the Treasury. ACTION: Notice. AGENCY: This is Supplement No. 6 to the Treasury Department Circular 570, 2013 Revision, published July 1, 2013, at 78 FR 39440. FOR FURTHER INFORMATION CONTACT: Surety Bond Branch at (202) 874–6850. SUPPLEMENTARY INFORMATION: A Certificate of Authority as an acceptable surety on Federal bonds is hereby issued under 31 U.S.C. 9305 to the following company: SUMMARY: E:\FR\FM\18APN1.SGM 18APN1

Agencies

[Federal Register Volume 79, Number 75 (Friday, April 18, 2014)]
[Notices]
[Pages 22004-22005]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-08905]


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

DEPARTMENT OF THE TREASURY


Financial Research Advisory Committee

AGENCY: Office of Financial Research, Treasury.

ACTION: Financial Research Advisory Committee-Notice of Charter Renewal 
and Solicitation of Applications for Committee Membership.

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

SUMMARY: The charter for the Financial Research Advisory Committee has 
been renewed for a two-year period beginning April 4, 2014. The Office 
of Financial Research seeks applications from individuals who wish to 
serve on the Committee.

FOR FURTHER INFORMATION CONTACT: Andrea B. Ianniello, Designated 
Federal Officer, Office of Financial Research, Department of the 
Treasury, (202) 622-3002.

SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee 
Act, (Pub. L. 92-463, 5 U.S.C. App. 2 Sec.  1-16, as amended), the 
Treasury Department established a Financial Research Advisory Committee 
(Committee) to provide advice and recommendations to the Office of 
Financial Research (OFR) and to assist the OFR in carrying out its 
duties and authorities.

(I) Authorities of the OFR

    The OFR was established under Title I of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (Pub.L. 111-203, July 21, 2010). The 
purpose of the OFR is to support the Financial Stability Oversight 
Council (Council) in fulfilling the purposes and duties of the Council 
and to support the Council's member agencies by:

--Collecting data on behalf of the Council, and providing such data to 
the Council and member agencies;
--Standardizing the types and formats of data reported and collected;
--Performing applied research and essential long-term research;
--Developing tools for risk measurement and monitoring;
--Performing other related services;
--Making the results of the activities of the OFR available to 
financial regulatory agencies; and
--Assisting such member agencies in determining the types and formats 
of

[[Page 22005]]

data authorized by the Dodd-Frank Act to be collected by such member 
agencies.

(II) Scope and Membership of the Committee

    The Committee was established to advise the OFR on issues related 
to the responsibilities of the office. It may provide its advice, 
recommendations, analysis, and information directly to the OFR and the 
OFR may share the Committee's advice and recommendations with the 
Secretary of the Treasury or other Treasury officials. The OFR will 
share information with the Committee as the Director determines will be 
helpful in allowing the Committee to carry out its role.
    The Committee charter was renewed for a two-year term on April 4, 
2014. The OFR is soliciting applications for membership on the 
Committee in order to provide for rotation of membership, as provided 
in its original and proposed renewed charter, as well as to provide for 
a diverse and balanced body with a variety of interests, backgrounds, 
and viewpoints represented. Providing for such diversity enhances the 
views and advice offered by the Committee.

(II) Application for Advisory Committee Appointment

    Treasury seeks applications from individuals representative of a 
constituency within the fields of economics, financial institutions and 
markets, statistical analysis, financial markets analysis, 
econometrics, applied sciences, risk management, data management, 
information standards, technology, or other areas related to OFR's 
duties and authorities. The terms of members chosen to serve may vary 
from one to three years. No person who is a Federally-registered 
lobbyist may serve on the Committee. Membership on the Committee is 
limited to the individuals appointed and is non-transferrable. Regular 
attendance is essential to the effective operation of the Committee. 
Some members of the Committee may be required to adhere to the conflict 
of interest rules applicable to Special Government Employees, as such 
employees are defined in 18 U.S.C. section 202(a). These rules include 
relevant provisions in 18 U.S.C. related to criminal activity, 
Standards of Ethical Conduct for Employees of the Executive Branch (5 
CFR part 2635), and Executive Order 12674 (as modified by Executive 
Order 12731).
    To apply, an applicant must submit an appropriately-detailed resume 
and a cover letter describing their interest, reasons for application, 
and qualifications. In accordance with Department of Treasury Directive 
21-03, a clearance process includes fingerprints, tax checks, and a 
Federal Bureau of Investigation criminal check. Applicants must state 
in their application that they agree to submit to these pre-appointment 
checks.
    The application period for interested candidates will close on 
April 25, 2014. Applications should be submitted in sufficient time to 
be received by the close of business on the closing date and should be 
sent to Andrea.B.IannielloOFR@treasury.gov or by mail to: Office of 
Financial Research, Department of the Treasury, Attention: Andrea B. 
Ianniello, 1500 Pennsylvania Avenue NW., MT-1330, Washington, DC 20220.

    Dated: April 10, 2014.
Barbara Shycoff,
Chief of External Affairs.
[FR Doc. 2014-08905 Filed 4-17-14; 8:45 am]
BILLING CODE 4810-25-P
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