Submission for OMB Review; Comment Request, 73950-73951 [2014-29095]

Download as PDF 73950 Federal Register / Vol. 79, No. 239 / Friday, December 12, 2014 / Notices DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35883] mstockstill on DSK4VPTVN1PROD with NOTICES Union Pacific Railroad Company— Temporary Trackage Rights Exemption—The Kansas City Southern Railway Company The Kansas City Southern Railway Company (KCS), pursuant to a written trackage rights agreement (Agreement) dated November 21, 2014,1 has agreed to grant temporary overhead trackage rights to Union Pacific Railroad Company (UP) between milepost 678.5 near Alexandria, La., and milepost 780.7 at Lobdell Junction, La., a distance of approximately 102.2 miles. The transaction may be consummated on or after December 28, 2014, the effective date of the exemption (30 days after the verified notice of exemption was filed). The temporary trackage rights will expire on February 20, 2015. The purpose of the temporary trackage rights is to allow UP to bridge its train service while UP’s rail lines are impacted due to maintenance projects in Louisiana. As a condition to this exemption, any employees affected by the acquisition of the temporary trackage rights will be protected by the conditions imposed in Norfolk & Western Railway—Trackage Rights—Burlington Northern, Inc., 354 I.C.C. 605 (1978), as modified in Mendocino Coast Railway—Lease & Operate—California Western Railroad, 360 I.C.C. 653 (1980), and any employees affected by the discontinuance of those trackage rights will be protected by the conditions set out in Oregon Short Line Railroad— Abandonment Portion Goshen Branch Between Firth & Ammon, in Bingham & Bonneville Counties, Idaho, 360 I.C.C. 91 (1979). This notice is filed under 49 CFR 1180.2(d)(8). If it contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Petitions for stay must be filed no later than December 19, 2014 (at least seven days before the exemption becomes effective). 1 A redacted version of the Agreement between KCS and UP was filed with the notice of exemption. UP states that, within ten days of its execution, it will file an executed, redacted copy. UP also states that it will file an unredacted copy along with a motion for protective order. That motion will be addressed in a separate decision. VerDate Sep<11>2014 16:57 Dec 11, 2014 Jkt 235001 An original and 10 copies of all pleadings, referring to Docket No. FD 35883, must be filed with the Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001. In addition, a copy of each pleading must be served on Jeremy M. Berman, Union Pacific Railroad Company, 1400 Douglas Street, STOP 1580, Omaha, NE 68179. Board decisions and notices are available on our Web site at ‘‘WWW.STB.DOT.GOV.’’ Decided: December 9, 2014. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Brendetta S. Jones, Clearance Clerk. [FR Doc. 2014–29188 Filed 12–11–14; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request December 8, 2014. The Department of the Treasury will submit the following information collection request 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 January 12, 2015 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestion 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 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 maybe found at www.reginfo.gov. Departmental Offices (DO) OMB Number: 1505–XXXX. Type of Review: New Collection. Title: Retirement Savings Module of the Household Financial Survey. Abstract: The Treasury Department is seeking OMB approval for an information collection to inform its administration of a new federal program PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 being launched this year that aims to enable more low- and moderate-income individuals to save for retirement. As part of its work to launch the program, Treasury is exploring several approaches for enabling eligible individuals to open and put savings into the retirement accounts, including the option of encouraging individuals to open and fund the accounts when they file their federal tax forms. The Department contracted with the Center for Social Development (CSD) at Washington University in St. Louis to assist with research on this topic. CSD currently administers an annual privately-funded survey, the Household Financial Survey (HFS), through which it gathers savings information from lowto moderate-income tax filers immediately after they have filed their tax forms. This national survey is integrated into the no-cost version of Intuit’s TurboTax tax preparation software, and it reaches a significant sample of people who could be eligible for the accounts. Starting in the 2015 tax filing season, CSD will add a Treasury-funded Retirement Savings Module to the 2015 HFS survey. The module will consist of a series of questions focused on individuals’ current retirement savings goals, practices, and attitudes surrounding retirement, along with questions designed to glean insights on the potential demand for the new retirement savings accounts, such as what aspects of the program would be desirable to low- to moderate income consumers, and whether these taxpayers may be interested in opening an account at tax time. The 2015 iteration of the HFS survey will be administered throughout the taxfiling season (January through April 2015). The HFS survey is distributed electronically and takes approximately 20 minutes to complete. The Treasuryfunded Retirement Savings Module, which will be added for the first time to the 2015 HFS, is intended to take less than 10 minutes (approximately 1⁄2 of the time needed to complete the overall survey). Participants will be invited to complete the survey when they file their federal income taxes. Participation in the survey will be voluntary. The information collected through the Treasury-funded Retirement Savings Module of the HFS will provide baseline characteristics, needs, and practices of a segment of the population targeted by the federal program. Affected Public: Individuals. E:\FR\FM\12DEN1.SGM 12DEN1 Federal Register / Vol. 79, No. 239 / Friday, December 12, 2014 / Notices Estimated Total Burden Hours: 1,333. Robert Dahl, Treasury PRA Clearance Officer. [FR Doc. 2014–29095 Filed 12–11–14; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request December 8, 2014. mstockstill on DSK4VPTVN1PROD with NOTICES 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 January 12, 2015 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 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: 1545–0058. Type of Review: Revision of a currently approved collection. Title: Application for Recognition of Exemption Under Section 521 of the Internal Revenue Code. Form: 1028. Abstract: Farmers’ cooperatives must file Form 1028 to apply for exemption from Federal income tax as being organizations described in IRC section 521. The information on Form 1028 provides the basis for determining whether the applicants are exempt. Affected Public: Private Sector: Businesses or other for-profits, farms. Estimated Annual Burden Hours: 3,594. OMB Number: 1545–0235. Type of Review: Extension without change of a currently approved collection. VerDate Sep<11>2014 16:57 Dec 11, 2014 Jkt 235001 Title: Monthly Tax Return for Wagers. Form: 730. Abstract: Form 730 is used to identify taxable wagers and collect the tax monthly. The information is used to determine if persons accepting wagers are correctly reporting the amount of wagers and paying the required tax. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 418,362. OMB Number: 1545–1012. Type of Review: Extension without change of a currently approved collection. Title: Form 5305A–SEP—Salary Reduction Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement. Form: 5305A–SEP. Abstract: Form 5305A–SEP is used by an employer to make an agreement to provide benefits to all employees under a salary reduction Simplified Employee Pension (SEP) described in section 408(k). This form is not to be filed with IRS, but is to be retained in the employer’s records as proof of establishing such a plan, thereby justifying a deduction for contributions made to the SEP. The data is used to verify the deduction. Affected Public: Private Sector: Business or other for-profits. Estimated Annual Burden Hours: 972,000. OMB Number: 1545–1028. Type of Review: Extension without change of a currently approved collection. Title: INTL–941–86 (NPRM) and INTL–655–87 (Temporary) (TD 8178) Passive Foreign Investment Companies. Abstract: These regulations specify how U.S. persons who are shareholders of passive foreign investment companies (PFICs) make elections with respect to their PFIC stock. Affected Public: Private Sector: Businesses and other for-profits. Estimated Annual Burden Hours: 112,500. OMB Number: 1545–1797. Type of Review: Extension without change of a currently approved collection. Title: REG–106876–00 (TD9082) (Final), Revision of Income Tax Regulations under Sections 897, 1445, and 6109 to require use of Taxpayer Identifying Numbers on Submission under the Section 897 and 1445. Abstract: The collection of information relates to applications for withholding certificates under sec. 1.1445–1 to be filed with the IRS with PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 73951 respect to (1) dispositions of U.S. real property interests that have been used by foreign persons as a principle residence within the prior 5 years and excluded from gross income under section 121 and (2) dispositions of U.S. real property interests by foreign persons in deferred like kind exchanges that qualify for non-recognition under section 1031. Affected Public: Private Sector: Businesses and other for-profits. Estimated Annual Burden Hours: 600. OMB Number: 1545–1926. Type of Review: Extension without change of a currently approved collection. Title: Notice 2005–10, Domestic Reinvestment Plans and Other Guidance under Section 965. Abstract: This notice provides guidance concerning new section 965 of the Internal Revenue Code (Code). It sets forth general principles and specific guidance on domestic reinvestment plans and on investments in the United States described in section 965(b)(4)(B). The Treasury Department and the Internal Revenue Service (IRS) intend to issue additional notices providing guidance concerning section 965, including rules relating to the foreign tax credit and expense allocation, rules for adjusting the calculation of the base period amounts to take into account mergers, acquisitions and spin-offs, and rules regarding controlled groups. Affected Public: Private Sector: Businesses and other for-profits. Estimated Annual Burden Hours: 3,750,000. 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. E:\FR\FM\12DEN1.SGM 12DEN1

Agencies

[Federal Register Volume 79, Number 239 (Friday, December 12, 2014)]
[Notices]
[Pages 73950-73951]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-29095]


=======================================================================
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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 8, 2014.
    The Department of the Treasury will submit the following 
information collection request 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 January 12, 2015 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestion 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 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 maybe found at www.reginfo.gov.

Departmental Offices (DO)

    OMB Number: 1505-XXXX.
    Type of Review: New Collection.
    Title: Retirement Savings Module of the Household Financial Survey.
    Abstract: The Treasury Department is seeking OMB approval for an 
information collection to inform its administration of a new federal 
program being launched this year that aims to enable more low- and 
moderate-income individuals to save for retirement.
    As part of its work to launch the program, Treasury is exploring 
several approaches for enabling eligible individuals to open and put 
savings into the retirement accounts, including the option of 
encouraging individuals to open and fund the accounts when they file 
their federal tax forms. The Department contracted with the Center for 
Social Development (CSD) at Washington University in St. Louis to 
assist with research on this topic. CSD currently administers an annual 
privately-funded survey, the Household Financial Survey (HFS), through 
which it gathers savings information from low- to moderate-income tax 
filers immediately after they have filed their tax forms. This national 
survey is integrated into the no-cost version of Intuit's TurboTax tax 
preparation software, and it reaches a significant sample of people who 
could be eligible for the accounts.
    Starting in the 2015 tax filing season, CSD will add a Treasury-
funded Retirement Savings Module to the 2015 HFS survey. The module 
will consist of a series of questions focused on individuals' current 
retirement savings goals, practices, and attitudes surrounding 
retirement, along with questions designed to glean insights on the 
potential demand for the new retirement savings accounts, such as what 
aspects of the program would be desirable to low- to moderate income 
consumers, and whether these taxpayers may be interested in opening an 
account at tax time.
    The 2015 iteration of the HFS survey will be administered 
throughout the tax-filing season (January through April 2015). The HFS 
survey is distributed electronically and takes approximately 20 minutes 
to complete. The Treasury-funded Retirement Savings Module, which will 
be added for the first time to the 2015 HFS, is intended to take less 
than 10 minutes (approximately \1/2\ of the time needed to complete the 
overall survey). Participants will be invited to complete the survey 
when they file their federal income taxes. Participation in the survey 
will be voluntary.
    The information collected through the Treasury-funded Retirement 
Savings Module of the HFS will provide baseline characteristics, needs, 
and practices of a segment of the population targeted by the federal 
program.
    Affected Public: Individuals.

[[Page 73951]]

    Estimated Total Burden Hours: 1,333.

Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2014-29095 Filed 12-11-14; 8:45 am]
BILLING CODE 4810-25-P
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