Advisory Committee on Risk-Sharing Mechanisms To Voluntarily Reinsure Against Losses From Acts of Terrorism, 21802 [2015-08978]
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Federal Register / Vol. 80, No. 75 / Monday, April 20, 2015 / Notices
DC 20224 or through the Internet at
Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Miscellaneous Sections Affected
by the Taxpayer Bill of Rights 2 and the
Personal Responsibility and Work
Opportunity Reconciliation Act of 1996.
OMB Number: 1545–1356.
Regulation Project Number: TD 8725.
Abstract: Under Internal Revenue
Code section 7430 a prevailing party
may recover the reasonable
administrative or litigation costs
incurred in an administrative or civil
proceeding that relates to the
determination, collection, or refund of
any tax, interest, or penalty. Section
301.7430–2(c) of the regulation provides
that the IRS will not award
administrative costs under section 7430
unless the taxpayer files a written
request in accordance with the
requirements of the regulation.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and business or other forprofit organizations, not-for-profit
institutions, farms, and the Federal
government.
Estimated Number of Respondents:
38.
Estimated Time per Respondent: 2
hours, 16 minutes.
Estimated Total Annual Burden
Hours: 86.
The following paragraph applies to all
of the collections of information covered
by this notice:
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
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
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17:56 Apr 17, 2015
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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.
Approved: April 14, 2015.
Christie A. Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015–08905 Filed 4–17–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Advisory Committee on Risk-Sharing
Mechanisms To Voluntarily Reinsure
Against Losses From Acts of
Terrorism
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury (Treasury) seeks applications
from individuals who wish to serve on
the advisory committee on risk-sharing
mechanisms to voluntarily reinsure
against losses from acts of terrorism in
order to encourage the growth of
nongovernmental, private market
reinsurance capacity for protection
against losses from acts of terrorism.
DATES: Application due date: May 20,
2015.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Brett D. Hewitt, Policy Advisor, Federal
Insurance Office, Room 1410,
Department of the Treasury, 1500
Pennsylvania Avenue NW., Washington,
DC 20220, at (202) 622–5892 (this is not
a toll-free number). Persons who have
difficulty hearing or speaking may
access this number via TTY by calling
the toll-free Federal Relay Service at
(800) 877–8339.
SUPPLEMENTARY INFORMATION: Pursuant
to section 110 of the Terrorism Risk
Insurance Program Reauthorization Act
of 2015,1 and the Federal Advisory
Committee Act,2 Treasury established
the advisory committee on risk-sharing
mechanisms to voluntarily reinsure
against losses from acts of terrorism
(Advisory Committee). In general, the
Advisory Committee serves to present
advice and recommendations to the
Federal Insurance Office (FIO) with
respect to the creation and development
of nongovernmental risk-sharing
mechanisms that encourage the growth
I. Scope and Membership of the
Advisory Committee
The Advisory Committee was
established to provide an opportunity
for directors, officers, or other
employees of insurers, reinsurers, or
capital market participants that are
participating or that desire to participate
in nongovernmental risk-sharing
mechanisms related to terrorism risk, to
periodically offer views directly to FIO.
The duties of the Advisory Committee
shall be solely advisory, and any advice
and recommendations of the Advisory
Committee shall not be binding on FIO.
The Advisory Committee is a ninemember committee.
II. Application for Advisory Committee
Treasury seeks applications from
directors, officers, or other employees of
insurers, reinsurers, or capital market
participants that are participating or that
desire to participate in
nongovernmental risk-sharing
mechanisms related to reinsurance for
losses arising from acts of terrorism.
To apply, an applicant must submit
´
an appropriately detailed resume and a
cover letter that includes a brief
description of the applicant’s reason for
applying. An applicant must state in the
applicant’s materials that he or she
agrees to submit to a pre-appointment
tax and criminal background
investigation in accordance with
Treasury Directive 21–03. Applications
should be addressed to Brett Hewitt and
sent via email to Brett.Hewitt@
treasury.gov. The deadline for
submitting applications is May 20, 2015.
Michael T. McRaith,
Director, Federal Insurance Office.
[FR Doc. 2015–08978 Filed 4–17–15; 8:45 am]
BILLING CODE 4810–25–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—
April 22, 2015, Washington, DC.
AGENCY:
Notice is hereby given of the
following hearing of the U.S.-China
SUMMARY:
1 Pub.
25
PO 00000
L. 114–1, § 110.
U.S.C. App. 2, § 1–16, as amended.
of private market reinsurance capacity
for protection against losses arising from
acts of terrorism. Under the Federal
Insurance Office Act of 2010, FIO has
the authority to assist the Secretary of
the Treasury in administering the
Terrorism Risk Insurance Program.3
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U.S.C. 313(c)(1)(D).
20APN1
]]>Agencies
[Federal Register Volume 80, Number 75 (Monday, April 20, 2015)]
[Notices]
[Page 21802]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-08978]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Advisory Committee on Risk-Sharing Mechanisms To Voluntarily
Reinsure Against Losses From Acts of Terrorism
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury (Treasury) seeks applications
from individuals who wish to serve on the advisory committee on risk-
sharing mechanisms to voluntarily reinsure against losses from acts of
terrorism in order to encourage the growth of nongovernmental, private
market reinsurance capacity for protection against losses from acts of
terrorism.
DATES: Application due date: May 20, 2015.
FOR FURTHER INFORMATION CONTACT: Brett D. Hewitt, Policy Advisor,
Federal Insurance Office, Room 1410, Department of the Treasury, 1500
Pennsylvania Avenue NW., Washington, DC 20220, at (202) 622-5892 (this
is not a toll-free number). Persons who have difficulty hearing or
speaking may access this number via TTY by calling the toll-free
Federal Relay Service at (800) 877-8339.
SUPPLEMENTARY INFORMATION: Pursuant to section 110 of the Terrorism
Risk Insurance Program Reauthorization Act of 2015,\1\ and the Federal
Advisory Committee Act,\2\ Treasury established the advisory committee
on risk-sharing mechanisms to voluntarily reinsure against losses from
acts of terrorism (Advisory Committee). In general, the Advisory
Committee serves to present advice and recommendations to the Federal
Insurance Office (FIO) with respect to the creation and development of
nongovernmental risk-sharing mechanisms that encourage the growth of
private market reinsurance capacity for protection against losses
arising from acts of terrorism. Under the Federal Insurance Office Act
of 2010, FIO has the authority to assist the Secretary of the Treasury
in administering the Terrorism Risk Insurance Program.\3\
---------------------------------------------------------------------------
\1\ Pub. L. 114-1, Sec. 110.
\2\ 5 U.S.C. App. 2, Sec. 1-16, as amended.
\3\ 31 U.S.C. 313(c)(1)(D).
---------------------------------------------------------------------------
I. Scope and Membership of the Advisory Committee
The Advisory Committee was established to provide an opportunity
for directors, officers, or other employees of insurers, reinsurers, or
capital market participants that are participating or that desire to
participate in nongovernmental risk-sharing mechanisms related to
terrorism risk, to periodically offer views directly to FIO. The duties
of the Advisory Committee shall be solely advisory, and any advice and
recommendations of the Advisory Committee shall not be binding on FIO.
The Advisory Committee is a nine-member committee.
II. Application for Advisory Committee
Treasury seeks applications from directors, officers, or other
employees of insurers, reinsurers, or capital market participants that
are participating or that desire to participate in nongovernmental
risk-sharing mechanisms related to reinsurance for losses arising from
acts of terrorism.
To apply, an applicant must submit an appropriately detailed
resum[eacute] and a cover letter that includes a brief description of
the applicant's reason for applying. An applicant must state in the
applicant's materials that he or she agrees to submit to a pre-
appointment tax and criminal background investigation in accordance
with Treasury Directive 21-03. Applications should be addressed to
Brett Hewitt and sent via email to Brett.Hewitt@treasury.gov. The
deadline for submitting applications is May 20, 2015.
Michael T. McRaith,
Director, Federal Insurance Office.
[FR Doc. 2015-08978 Filed 4-17-15; 8:45 am]
BILLING CODE 4810-25-P
