Proposed Collection of Information: Analysis to Support Electronic Funds Transfer and Remittance Mandate, 68506-68507 [2014-27026]

Download as PDF 68506 Federal Register / Vol. 79, No. 221 / Monday, November 17, 2014 / Notices staff or consultants with responsibility for submitting annual and incident reports on PHMSA F 7000- and 7100series forms. For operators that have failed to register staff in the PHMSA Portal for Part 191/195 reporting purposes, operator staff responsible for submitting DAMIS reports can register in the Portal by following the instructions at: https:// opsweb.phmsa.dot.gov/portal_message/ PHMSA_Portal_Registration.pdf. Pursuant to §§ 199.119(a) and 199.229(a), operators with 50 or more covered employees, including both operator and contractor staff, are required to submit DAMIS reports annually. Operators with less than 50 total covered employees are required to report only upon written request from PHMSA. If an operator has submitted a calendar year 2012 or later DAMIS report with less than 50 total covered employees, the PHMSA Portal message may state that no calendar year 2014 DAMIS report is required. Some of these operators may have grown to more than 50 covered employees during calendar year 2014. The Portal message will include instructions for how these operators can obtain a calendar year 2014 DAMIS user name and password. Authority: 49 U.S.C. 5103, 60102, 60104, 60108, 60117, and 60118; 49 CFR 1.53. Issued in Washington, DC, on November 12, 2014. Jeffrey D. Wiese, Associate Administrator for Pipeline Safety. [FR Doc. 2014–27091 Filed 11–14–14; 8:45 am] BILLING CODE 4910–60–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request asabaliauskas on DSK5VPTVN1PROD with NOTICES November 10, 2014. The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104–13, on or after the date of publication of this notice. DATES: Comments should be received on or before December 17, 2014 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC VerDate Sep<11>2014 17:14 Nov 14, 2014 Jkt 235001 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) OMB Number: 1545–0108. Type of Review: Revision of a currently approved collection. Title: Annual Summary and Transmittal of U.S. Information Returns. Form: 1096. Abstract: Form 1096 is used to transmit paper information returns (Forms 1099, 1098, 5498, and W–2G) to the IRS Service Centers. Under IRC section 6041 and related sections, a separate Form 1096 is used for each type of return sent to the service center by the payer. It is used by IRS to summarize and categorize the transmitted forms. Affected Public: Private sector: Businesses or other for-profits. Estimated Annual Burden Hours: 1,297,269. OMB Number: 1545–1204. Type of Review: Extension without change of a currently approved collection. Title: Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition. Form: 8823. Abstract: Form 8823 is used by housing agencies to report noncompliance with the low-income housing provisions of Code section 42. Affected Public: State, Local, and Tribal Governments. Estimated Annual Burden Hours: 303,200. OMB Number: 1545–1374. Type of Review: Revision of a currently approved collection. Title: Qualified Electric Vehicle Credit. Form: 8834. Abstract: Form 8834 is used to claim any qualified electric vehicle passive activity credit allowed for the current tax. The data on Form 8834 will be used to determine that the credit is allowable and that it has been properly computed. Affected Public: Private sector: Business or other for-profits. Estimated Annual Burden Hours: 15,022. OMB Number: 1545–1945. Type of Review: Revision of a currently approved collection. PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 Title: 26 U.S. Code § 475—Mark-tomarket Accounting Method for Dealers in Securities. Abstract: Section 475 was added by section 13223(a) of the Revenue Reconciliation Act of 1993, Public Law 103–66, 107 Stat. 481, and is effective for all taxable years ending on or after December 31, 1993. The statutory requirements under 26 U.S.C. 475 are codified under 26 CFR Part 1, sections 1.475 et al. Information collection requirements under § 1.475(a)–4 sets forth an elective safe harbor that permits dealers in securities and dealers in commodities to elect to use the values of positions reported on certain financial statements as the fair market values of those positions for purposes of section 475 of the Internal Revenue Code (Code). This safe harbor is intended to reduce the compliance burden on taxpayers and to improve the administrability of the valuation requirement of section 475. The recordkeeping requirement under section 1.475(b)–4 are required to determine whether exemption from mark-to-market treatment is properly claimed, and will be used to make that determination upon audit of taxpayer’s books and records. The information under section 1.475(c)–1(a)(3)(iii), is necessary to determine whether a consolidated group has elected to disregard inter-member transactions in determining a member’s status as a dealer in securities. Affected Public: Private sector: Businesses and other for-profits. Estimated Annual Burden Hours: 52,182. Dawn D. Wolfgang, Treasury PRA Clearance Officer. [FR Doc. 2014–27045 Filed 11–14–14; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Proposed Collection of Information: Analysis to Support Electronic Funds Transfer and Remittance Mandate 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 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 SUMMARY: E:\FR\FM\17NON1.SGM 17NON1 68507 Federal Register / Vol. 79, No. 221 / Monday, November 17, 2014 / Notices the Fiscal Service within the Department of the Treasury is soliciting comments concerning Analysis to Support Electronic Funds Transfer and Remittance Mandate. DATES: Written comments should be received on or before January 16, 2015 to be assured of consideration. ADDRESSES: Direct all written comments to Bureau of the Fiscal Service, Bruce A. Sharp, 200 Third Street A4–A, Parkersburg, WV 26106–1328, or bruce.sharp@fiscal.treasury.gov. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies should be directed to Bureau of the Fiscal Service, Dr. Olu Faokunla, Room 322, 401 14th Street SW., Washington DC 20227–0001, (202) 874– 6027, or Olu.Faokunla@fiscal.treasury.gov. SUPPLEMENTARY INFORMATION: Title: Analysis to Support Electronic Funds Transfer and Remittance Mandate. Abstract: As part of its eCollections Initiative, the Bureau of the Fiscal Service is proposing to amend Title 31 CFR Part 206 regulations governing federal payments and collections. The proposal offers significant efficiencies and cost savings to the federal government by mandating that all nontax payments to the government and related remittance information be provided electronically. This proposed rule change is governed by the provisions of both Executive Order 12866 (EO 12866) and the Regulatory Flexibility Act (RFA) (5 U.S.C. 601– 612), which require the agency to conduct a cost-benefit analysis of regulatory alternatives and assessment Respondents attending focus group Estimated Number of Respondents ................................................................. Estimated Time per Respondent (Minutes) ..................................................... Estimated Total Annual Burden Hours ............................................................ asabaliauskas on DSK5VPTVN1PROD with NOTICES Request For Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information 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 10, 2014. Bruce A. Sharp, Bureau Clearance Officer. [FR Doc. 2014–27026 Filed 11–14–14; 8:45 am] BILLING CODE 4810–AS–P VerDate Sep<11>2014 17:14 Nov 14, 2014 Jkt 235001 of the economic impacts of the regulatory action on small entities. Fiscal Service seeks to obtain approval for a generic clearance to collect information and data from focus groups and telephone interviews to support the required economic analysis and assist in developing a Notice of Public Rulemaking. Current Actions: No current actions are ongoing related to the collection. Type of Review: New collection. Affected Public: Individuals or households, business or other for-profit organizations, and farms. Estimated Number of Respondents: (See table below). Estimated Time per Respondent: (See table below). Estimated Total Annual Burden Hours: (See table below). Respondents participating in phone interviews 36 90 54 Focus group recruitment calls 6 60 6 Phone interview recruitment calls 180 30 90 360 30 180 Fiscal Service Services Division, Surety Bond Branch, 3700 East-West Highway, Room D22, Hyattsville, MD 20782. Surety Companies Acceptable on Federal Bonds—Company Name Change; Bituminous Casualty Corporation Dated: November 12, 2014. Kevin McIntyre, Manager, Financial Accounting and Services Branch, Bureau of the Fiscal Service. DEPARTMENT OF THE TREASURY Financial Management Service, Fiscal Service, Department of the Treasury. ACTION: Notice. AGENCY: This is Supplement No. 3 to the Treasury Department Circular 570, 2014 Revision, published July 1, 2014, at 79 FR 37398. FOR FURTHER INFORMATION CONTACT: Surety Bond Branch at (202) 874–6850. SUPPLEMENTARY INFORMATION: Notice is hereby given by the Treasury that the above-named company formally changed its name as follows: BITCO General Insurance Corporation (NAIC #20095). Federal bond-approving officers should annotate their reference copies of the Treasury Circular 570 (‘‘Circular’’), 2014 Revision, to reflect this change. The Circular may be viewed and downloaded through the Internet at https://www.fms.treas.gov/c570. Questions concerning this Notice may be directed to the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and SUMMARY: PO 00000 Frm 00103 Fmt 4703 Sfmt 4703 [FR Doc. 2014–27111 Filed 11–14–14; 8:45 am] BILLING CODE 4810–35–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Designation of Three Individuals Pursuant to Executive Order 13611 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the names of three individuals whose property and interests in property have been blocked on November 10, 2014 pursuant Executive Order 13611 of May 16, 2012, ‘‘Blocking Property of Persons Threatening the Peace, Security, or Stability of Yemen’’ (E.O. 13611). DATES: The designation by the Director of OFAC of the three individuals identified in this notice, pursuant to E.O. 13611, was effective on November 10, 2014. SUMMARY: E:\FR\FM\17NON1.SGM 17NON1

Agencies

[Federal Register Volume 79, Number 221 (Monday, November 17, 2014)]
[Notices]
[Pages 68506-68507]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-27026]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Proposed Collection of Information: Analysis to Support 
Electronic Funds Transfer and Remittance Mandate

ACTION: Notice and request for comments.

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

SUMMARY: 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 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

[[Page 68507]]

the Fiscal Service within the Department of the Treasury is soliciting 
comments concerning Analysis to Support Electronic Funds Transfer and 
Remittance Mandate.

DATES: Written comments should be received on or before January 16, 
2015 to be assured of consideration.

ADDRESSES: Direct all written comments to Bureau of the Fiscal Service, 
Bruce A. Sharp, 200 Third Street A4-A, Parkersburg, WV 26106-1328, or 
bruce.sharp@fiscal.treasury.gov.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies should be directed to Bureau of the Fiscal Service, Dr. Olu 
Faokunla, Room 322, 401 14th Street SW., Washington DC 20227-0001, 
(202) 874-6027, or Olu.Faokunla@fiscal.treasury.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Analysis to Support Electronic Funds Transfer and Remittance 
Mandate.
    Abstract: As part of its eCollections Initiative, the Bureau of the 
Fiscal Service is proposing to amend Title 31 CFR Part 206 regulations 
governing federal payments and collections. The proposal offers 
significant efficiencies and cost savings to the federal government by 
mandating that all non-tax payments to the government and related 
remittance information be provided electronically. This proposed rule 
change is governed by the provisions of both Executive Order 12866 (EO 
12866) and the Regulatory Flexibility Act (RFA) (5 U.S.C. 601-612), 
which require the agency to conduct a cost-benefit analysis of 
regulatory alternatives and assessment of the economic impacts of the 
regulatory action on small entities. Fiscal Service seeks to obtain 
approval for a generic clearance to collect information and data from 
focus groups and telephone interviews to support the required economic 
analysis and assist in developing a Notice of Public Rulemaking.
    Current Actions: No current actions are ongoing related to the 
collection.
    Type of Review: New collection.
    Affected Public: Individuals or households, business or other for-
profit organizations, and farms.
    Estimated Number of Respondents: (See table below).
    Estimated Time per Respondent: (See table below).
    Estimated Total Annual Burden Hours: (See table below).

----------------------------------------------------------------------------------------------------------------
                                                                    Respondents                        Phone
                                                    Respondents    participating    Focus group      interview
                                                     attending       in phone       recruitment     recruitment
                                                    focus group     interviews         calls           calls
----------------------------------------------------------------------------------------------------------------
Estimated Number of Respondents.................              36               6             180             360
Estimated Time per Respondent (Minutes).........              90              60              30              30
Estimated Total Annual Burden Hours.............              54               6              90             180
----------------------------------------------------------------------------------------------------------------

    Request For Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information 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 10, 2014.
Bruce A. Sharp,
Bureau Clearance Officer.
[FR Doc. 2014-27026 Filed 11-14-14; 8:45 am]
BILLING CODE 4810-AS-P
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