Proposed Data Collection; Comment Request, 12061-12062 [2015-05057]
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Federal Register / Vol. 80, No. 43 / Thursday, March 5, 2015 / Notices
Greenkraft to more quickly begin selling
vehicles which will allow the company
to begin realizing revenues from vehicle
sales. The revenues from these vehicle
sales will allow Greenkraft to continue
to employee individuals involved in the
manufacture and sale of these vehicles.
We note that prospective purchasers
will be notified that the vehicle is
exempted from the requirements in
paragraph S10 of FMVSS No. 108,
Lamps, Reflective Devices, and
Associated Equipment. Under 49 CFR
555.9(b), a manufacturer of an exempted
vehicle must affix securely to the
windshield or side window of each
exempted vehicle a label containing a
statement that the vehicle conforms to
all applicable FMVSSs in effect on the
date of manufacture ‘‘except for
Standard Nos. [listing the standards by
number and title for which an
exemption has been granted] exempted
pursuant to NHTSA Exemption No. __
__.’’ This label notifies prospective
purchasers about the exemption and its
subject. Under § 555.9(c), this
information must also be included on
the vehicle’s certification label.
mstockstill on DSK4VPTVN1PROD with NOTICES
E. Agency Decision
In consideration of the foregoing, we
conclude that granting the requested
exemption from the requirements in
paragraph S10 of FMVSS No. 108,
Lamps, Reflective Devices, and
Associated Equipment, would facilitate
the development or field evaluation of
a low-emission vehicle, and would not
unreasonably lower the safety or impact
protection level of that vehicle if the
vehicle is marketed as a commercial
vehicle for use during day light hours.
Marketing the 1061 and 1083 models for
any purpose that would entail
substantial use at night is not consistent
with this temporary exemption. We
further conclude that granting this
exemption is in the public interest and
consistent with the objectives of the
Safety Act subject to the conditions
described above. We would like to
emphasize that this exemption from
FMVSS No. 108, Lamps, Reflective
Devices, and Associated Equipment is
limited to paragraph S10 of that
standard. Any vehicle manufactured or
sold under this exemption must
conform to all other applicable
requirements of FMVSS No. 108. This
exemption is limited to 120 CNG fueled
vehicles. In addition, this exemption is
conditioned on Greenkraft’s marketing
the exempted vehicles as commercial
vehicles for use during day light hours.
As part of these efforts, Greenkraft
should ensure that potential purchasers
are informed that the exempted vehicles
VerDate Sep<11>2014
19:28 Mar 04, 2015
Jkt 235001
should be used primarily during
daylight hours.
In accordance with 49 U.S.C.
30113(b)(3)(B)(iii), Greenkraft is granted
NHTSA Temporary Exemption No. EX
15–01 from paragraph S10 of FMVSS
No. 108. The exemption shall be
effective from the date on which notice
of this decision is published in the
Federal Register until December 31,
2015, as indicated in the DATES section
of this document.
(49 U.S.C. 30113; delegations of
authority at 49 CFR 1.95)
Issued in Washington, DC, on February 25,
2015 under authority delegated in 49 CFR
part 1.95.
Mark R. Rosekind,
Administrator.
[FR Doc. 2015–05101 Filed 3–4–15; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Community Development Financial
Institutions Fund
Proposed Data Collection; Comment
Request
Notice and request for
comments.
ACTION:
The U.S. 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
Community Development Financial
Institutions Fund (CDFI Fund),
Department of the Treasury, is soliciting
comments concerning the Annual
Assessment Evaluation. This report
form will be used to collect vital
financial performance data, internal
control, and investment impact
measurement related information for
institutions participating in the CDFI
Bond Guarantee Program, consistent
with the program’s requirements for
Compliance Management and
Monitoring (CMM) and Portfolio
Management and Loan Monitoring
(PMLM), and pursuant to 12 CFR part
1808 (Interim Rule). The process for
data collection and reporting is
expected to take place via electronic
submission to the CDFI Fund. Hard
copies will also be accepted. The annual
assessment evaluation reporting
guidance for the CDFI Bond Guarantee
Program may be obtained from the CDFI
SUMMARY:
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
12061
Bond Guarantee Program page of the
CDFI Fund’s Web site at https://
www.cdfifund.gov. Unless otherwise
defined in this notice, the capitalized
terms herein are as defined in the
Interim Rule. Please note that this
proposed requirement would only apply
to Eligible CDFI’s participating in the
CDFI Bond Guarantee Program and to
Qualified Issuers that have issued Bonds
under the Program in Fiscal Year 2015
or later.
DATES: Written comments should be
received on or before May 4, 2015 to be
assured of consideration. These
comments will be considered before the
CDFI Fund submits a request for Office
of Management and Budget (OMB)
review of the data reporting forms
described in this notice.
ADDRESSES: Direct all comments to Lisa
Jones, CDFI Bond Guarantee Program
Manager, at the Community
Development Financial Institutions
Fund, U.S. Department of the Treasury,
1500 Pennsylvania Avenue NW.,
Washington, DC 20020, by email to
bgp@cdfi.treas.gov, or by facsimile to
(202) 508–0083. Please note this is not
a toll free number.
FOR FURTHER INFORMATION CONTACT: The
Annual Assessment Evaluation may be
obtained from the CDFI Bond Guarantee
Program page of the CDFI Fund’s Web
site at https://www.cdfifund.gov/bond.
Requests for additional information
should be directed to Lisa Jones, CDFI
Bond Guarantee Program Manager, at
the Community Development Financial
Institutions Fund, U.S. Department of
the Treasury, 1500 Pennsylvania
Avenue NW., Washington, DC 20020 or
by email to bgp@cdfi.treas.gov.
SUPPLEMENTARY INFORMATION:
Title: CDFI Bond Guarantee Program
Reporting Forms.
OMB Number: 1559–0044.
Abstract: The purpose of the CDFI
Bond Guarantee Program is to support
CDFI lending by providing Guarantees
for Bonds issued by Qualified Issuers as
part of a Bond Issue for Eligible
Community or Economic Development
Purposes. The CDFI Bond Guarantee
Program provides CDFIs with a new
source of long-term capital and furthers
the mission of the CDFI Fund to
increase economic opportunity and
promote community and economic
development investments for
underserved populations and in
distressed communities in the United
States. The CDFI Fund achieves its
mission by promoting access to capital
and local economic growth by investing
in, supporting, and training CDFIs.
The CDFI Fund held two-day
application workshops on June 10–11,
E:\FR\FM\05MRN1.SGM
05MRN1
mstockstill on DSK4VPTVN1PROD with NOTICES
12062
Federal Register / Vol. 80, No. 43 / Thursday, March 5, 2015 / Notices
2014 in Washington, DC. During these
workshops, representatives of the CDFI
Bond Guarantee Program met with
potential applicants regarding the FY
2013 Qualified Issuer and Guarantee
Application requirements. Specifically,
the workshops explored the financial
structure of the program, including roles
of the Qualified Issuer, Program
Administrator, and Servicer; reporting
requirements; and compliance-related
activities. Although participants in
these workshops expressed overall
enthusiasm and support for conforming
to the CDFI Fund’s reporting process,
they noted a lack of substantive data in
this area and recommended that the
CDFI Fund describe and specify its postissuance information collection
practices for the CDFI Bond Guarantee
Program.
In compliance with OMB Circular A–
129, the CDFI Bond Guarantee Program
will collect all necessary information to
manage the portfolio effectively and
track progress towards policy goals. The
proposed reporting form will add
significantly to the Department of the
Treasury’s review and impact analysis
on the use of Bond Proceeds in
underserved communities and support
the CDFI Fund in proactively managing
portfolio risks and performance. Risk
detection and mitigation are crucial
activities for the long-term operation
and viability of the CDFI Bond
Guarantee Program. The Department of
the Treasury’s authority to collect this
information and the specified data
collection areas and parameters are
consistent with the annual and periodic
financial reporting requirements for the
CDFI Bond Guarantee Program as
defined in 12 CFR 1808.619.
The CDFI Fund currently utilizes its
Community Investment Impact System
(CIIS), which collects data from CDFIs
that have received monetary awards
from the CDFI Fund through several of
its other programs. CDFI Program and
Native American CDFI Assistance
Program (NACA Program) awardees are
required to report total portfolio and
financial data for three years. However,
there is no standardized data on the full
universe of Certified CDFIs, especially
unregulated loan funds that do not have
award reporting history. Moreover, nonregulated Certified CDFIs frequently
utilize disparate accounting
methodologies and report certain data
points, such as borrower defaults and
delinquencies, in ways that are difficult
to compare across organizations.
Nonprofit Certified CDFIs are yet more
difficult to compare due to the variety
of reporting options available to
nonprofit institutions under generally
accepted accounting principles. This
VerDate Sep<11>2014
19:28 Mar 04, 2015
Jkt 235001
report, in addition to the previously
proposed reports of the CDFI Bond
Guarantee Program, addresses this
challenge in standardized data
collection and allows Certified CDFIs to:
(i) Demonstrate the ability to deploy
long-term debt successfully with
reporting requirements similar to those
required of regulated financial
institutions; (ii) provide a mechanism
for accurately assessing Certified CDFI
credit risk; and (iii) provide capital
markets with a record of
accomplishment on which to base
future lending and investment.
Current Actions: New Collection.
Type of Review: Regular Review.
Affected Public: Certified CDFIs and
Qualified Issuers.
Estimated Number Certified CDFI
Respondents: 10.
Estimated Annual Time per Certified
CDFI Respondent: 25 hours.
Estimated Number of Qualified Issuer
Respondents: 10.
Estimated Annual Time per Qualified
Issuer Respondent: 50 hours.
Estimated Total Annual Burden
Hours: 750 hours.
Requests for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for Office of Management and
Budget approval. All comments will
become a matter of public record and
may be published on the CDFI Fund
Web site at https://www.cdfifund.gov.
Comments are invited on: (a) Whether
the collection of information is
consistent with the stated background
and proposed use necessary for the
proper performance of the functions of
the CDFI Fund; (b) the accuracy of the
CDFI Fund’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 technology; and (e) estimates of
operational or maintenance costs to
provide information.
The CDFI Fund specifically requests
comments concerning the following
questions:
(1) Will the annual assessment be
effective in evaluating Qualified Issuers
or are there other alternatives by which
Qualified Issuers could be assessed?
(2) Should Qualified Issuers have the
ability to conduct the annual assessment
for Eligible CDFIs, provided that they
have the appropriate qualifications?
(3) Is there additional information or
instruction that the CDFI Fund can
provide to clarify the expectations
associated with the annual assessment
evaluation?
PO 00000
Frm 00087
Fmt 4703
Sfmt 4703
(4) What are the appropriate steps for
the CDFI Fund to take in the event that
the annual assessment completed by the
third party vendor fails to adequately
evaluate a participant’s performance on
the expected criteria?
Authority: 12 CFR 1808.
Dated: February 26, 2015.
Annie Donovan,
Director, Community Development Financial
Institutions Fund.
[FR Doc. 2015–05057 Filed 3–4–15; 8:45 am]
BILLING CODE 4810–70–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment for
Electronic Filing of Employment Tax
Family (94x) Returns
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of inquiry, request for
comments.
AGENCY:
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 IRS is
soliciting comments concerning a free
option for 94x filers.
DATES: Written comments should be
received on or before May 4, 2015 to be
assured of consideration.
ADDRESSES: Direct all electronic
comments to wi.94x.efile@irs.gov or
written comments to Internal Revenue
Service, SE:W:CAS:SP:IS, 5000 Ellin
Road, C4–223, Lanham, MD 20706.
Please include the Federal Register
Document number (FR Doc. 2015–
xxxxx) in the subject line of your email
or correspondence.
SUPPLEMENTARY INFORMATION:
Title: Ways to increase the electronic
filing of employment tax returns,
specifically as it relates to a free option
for filers.
Abstract: IRS Strategic Plan FY 2014–
2017 is to ‘‘Expand the availability of
electronic filing and provide easily
accessible payment tools for all
taxpayers.’’ The IRS performance goal is
to increase the e-file rate for business
returns from 40 percent to 50 percent by
2017. However the percentage of
employment tax returns filed
electronically remains below the overall
SUMMARY:
E:\FR\FM\05MRN1.SGM
05MRN1
]]>Agencies
[Federal Register Volume 80, Number 43 (Thursday, March 5, 2015)]
[Notices]
[Pages 12061-12062]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-05057]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Proposed Data Collection; Comment Request
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The U.S. 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 Community Development Financial
Institutions Fund (CDFI Fund), Department of the Treasury, is
soliciting comments concerning the Annual Assessment Evaluation. This
report form will be used to collect vital financial performance data,
internal control, and investment impact measurement related information
for institutions participating in the CDFI Bond Guarantee Program,
consistent with the program's requirements for Compliance Management
and Monitoring (CMM) and Portfolio Management and Loan Monitoring
(PMLM), and pursuant to 12 CFR part 1808 (Interim Rule). The process
for data collection and reporting is expected to take place via
electronic submission to the CDFI Fund. Hard copies will also be
accepted. The annual assessment evaluation reporting guidance for the
CDFI Bond Guarantee Program may be obtained from the CDFI Bond
Guarantee Program page of the CDFI Fund's Web site at https://www.cdfifund.gov. Unless otherwise defined in this notice, the
capitalized terms herein are as defined in the Interim Rule. Please
note that this proposed requirement would only apply to Eligible CDFI's
participating in the CDFI Bond Guarantee Program and to Qualified
Issuers that have issued Bonds under the Program in Fiscal Year 2015 or
later.
DATES: Written comments should be received on or before May 4, 2015 to
be assured of consideration. These comments will be considered before
the CDFI Fund submits a request for Office of Management and Budget
(OMB) review of the data reporting forms described in this notice.
ADDRESSES: Direct all comments to Lisa Jones, CDFI Bond Guarantee
Program Manager, at the Community Development Financial Institutions
Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW.,
Washington, DC 20020, by email to bgp@cdfi.treas.gov, or by facsimile
to (202) 508-0083. Please note this is not a toll free number.
FOR FURTHER INFORMATION CONTACT: The Annual Assessment Evaluation may
be obtained from the CDFI Bond Guarantee Program page of the CDFI
Fund's Web site at https://www.cdfifund.gov/bond. Requests for
additional information should be directed to Lisa Jones, CDFI Bond
Guarantee Program Manager, at the Community Development Financial
Institutions Fund, U.S. Department of the Treasury, 1500 Pennsylvania
Avenue NW., Washington, DC 20020 or by email to bgp@cdfi.treas.gov.
SUPPLEMENTARY INFORMATION:
Title: CDFI Bond Guarantee Program Reporting Forms.
OMB Number: 1559-0044.
Abstract: The purpose of the CDFI Bond Guarantee Program is to
support CDFI lending by providing Guarantees for Bonds issued by
Qualified Issuers as part of a Bond Issue for Eligible Community or
Economic Development Purposes. The CDFI Bond Guarantee Program provides
CDFIs with a new source of long-term capital and furthers the mission
of the CDFI Fund to increase economic opportunity and promote community
and economic development investments for underserved populations and in
distressed communities in the United States. The CDFI Fund achieves its
mission by promoting access to capital and local economic growth by
investing in, supporting, and training CDFIs.
The CDFI Fund held two-day application workshops on June 10-11,
[[Page 12062]]
2014 in Washington, DC. During these workshops, representatives of the
CDFI Bond Guarantee Program met with potential applicants regarding the
FY 2013 Qualified Issuer and Guarantee Application requirements.
Specifically, the workshops explored the financial structure of the
program, including roles of the Qualified Issuer, Program
Administrator, and Servicer; reporting requirements; and compliance-
related activities. Although participants in these workshops expressed
overall enthusiasm and support for conforming to the CDFI Fund's
reporting process, they noted a lack of substantive data in this area
and recommended that the CDFI Fund describe and specify its post-
issuance information collection practices for the CDFI Bond Guarantee
Program.
In compliance with OMB Circular A-129, the CDFI Bond Guarantee
Program will collect all necessary information to manage the portfolio
effectively and track progress towards policy goals. The proposed
reporting form will add significantly to the Department of the
Treasury's review and impact analysis on the use of Bond Proceeds in
underserved communities and support the CDFI Fund in proactively
managing portfolio risks and performance. Risk detection and mitigation
are crucial activities for the long-term operation and viability of the
CDFI Bond Guarantee Program. The Department of the Treasury's authority
to collect this information and the specified data collection areas and
parameters are consistent with the annual and periodic financial
reporting requirements for the CDFI Bond Guarantee Program as defined
in 12 CFR 1808.619.
The CDFI Fund currently utilizes its Community Investment Impact
System (CIIS), which collects data from CDFIs that have received
monetary awards from the CDFI Fund through several of its other
programs. CDFI Program and Native American CDFI Assistance Program
(NACA Program) awardees are required to report total portfolio and
financial data for three years. However, there is no standardized data
on the full universe of Certified CDFIs, especially unregulated loan
funds that do not have award reporting history. Moreover, non-regulated
Certified CDFIs frequently utilize disparate accounting methodologies
and report certain data points, such as borrower defaults and
delinquencies, in ways that are difficult to compare across
organizations. Nonprofit Certified CDFIs are yet more difficult to
compare due to the variety of reporting options available to nonprofit
institutions under generally accepted accounting principles. This
report, in addition to the previously proposed reports of the CDFI Bond
Guarantee Program, addresses this challenge in standardized data
collection and allows Certified CDFIs to: (i) Demonstrate the ability
to deploy long-term debt successfully with reporting requirements
similar to those required of regulated financial institutions; (ii)
provide a mechanism for accurately assessing Certified CDFI credit
risk; and (iii) provide capital markets with a record of accomplishment
on which to base future lending and investment.
Current Actions: New Collection.
Type of Review: Regular Review.
Affected Public: Certified CDFIs and Qualified Issuers.
Estimated Number Certified CDFI Respondents: 10.
Estimated Annual Time per Certified CDFI Respondent: 25 hours.
Estimated Number of Qualified Issuer Respondents: 10.
Estimated Annual Time per Qualified Issuer Respondent: 50 hours.
Estimated Total Annual Burden Hours: 750 hours.
Requests for Comments: Comments submitted in response to this
notice will be summarized and/or included in the request for Office of
Management and Budget approval. All comments will become a matter of
public record and may be published on the CDFI Fund Web site at https://www.cdfifund.gov. Comments are invited on: (a) Whether the collection
of information is consistent with the stated background and proposed
use necessary for the proper performance of the functions of the CDFI
Fund; (b) the accuracy of the CDFI Fund'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 technology; and (e) estimates of operational or
maintenance costs to provide information.
The CDFI Fund specifically requests comments concerning the
following questions:
(1) Will the annual assessment be effective in evaluating Qualified
Issuers or are there other alternatives by which Qualified Issuers
could be assessed?
(2) Should Qualified Issuers have the ability to conduct the annual
assessment for Eligible CDFIs, provided that they have the appropriate
qualifications?
(3) Is there additional information or instruction that the CDFI
Fund can provide to clarify the expectations associated with the annual
assessment evaluation?
(4) What are the appropriate steps for the CDFI Fund to take in the
event that the annual assessment completed by the third party vendor
fails to adequately evaluate a participant's performance on the
expected criteria?
Authority: 12 CFR 1808.
Dated: February 26, 2015.
Annie Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2015-05057 Filed 3-4-15; 8:45 am]
BILLING CODE 4810-70-P
