Departmental Offices; Change in the Calculation of Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds, 45018-45019 [2015-18545]

Download as PDF 45018 Federal Register / Vol. 80, No. 144 / Tuesday, July 28, 2015 / Notices Estimated Number of Respondents: 5,000. Estimated Time per Respondent: 7 hours 10 minutes. Estimated Total Annual Burden Hours: 35,900. 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 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: July 10, 2015. Christie Preston, IRS Reports Clearance Officer. [FR Doc. 2015–18491 Filed 7–27–15; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 8811 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. asabaliauskas on DSK5VPTVN1PROD with NOTICES 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 SUMMARY: VerDate Sep<11>2014 19:17 Jul 27, 2015 Jkt 235001 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 Form 8811, Information Return for Real Estate Mortgage Investment Conduits (REMICs) and Issuers of Collateralized Debt Obligations. Written comments should be received on or before September 28, 2015 to be assured of consideration. ADDRESSES: Direct all written comments to Christie A. Preston, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Martha R. Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: Information Return for Real Estate Mortgage Investment Conduits (REMICs) and Issuers of Collateralized Debt Obligations. OMB Number: 1545–1099. Form Number: 8811. Abstract: Current regulations require real estate mortgage investment conduits (REMICs) to provide Forms 1099 to true holders of interests in these investment vehicles. Because of the complex computations required at each level and the potential number of nominees, the ultimate investor may not receive a Form 1099 and other information necessary to prepare their tax return in a timely fashion. Form 8811 collects information for publishing by the IRS so that brokers can contact REMICs to request the financial information and timely issue Forms 1099 to holders. Current Actions: There are no changes being made to this form at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Responses: 1,000. Estimated Time per Response: 4 hr., 23 min. Estimated Total Annual Burden Hours: 4,380. 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 DATES: PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 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 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: July 9, 2015. Christie A. Preston, IRS Reports Clearance Officer. [FR Doc. 2015–18508 Filed 7–27–15; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Departmental Offices; Change in the Calculation of Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds Departmental Offices, Treasury. Notice. AGENCY: ACTION: The Department of Homeland Security, U.S. Immigration and Customs Enforcement, amended its regulations at 8 CFR part 293 on the payment of interest on cash bond deposits to state that ‘‘Interest on cash deposited to secure immigration bonds will be at the rate as determined by the Secretary of the Treasury, but in no case will exceed 3 per centum per annum or be less than zero.’’ For the purposes of this provision, Treasury is providing notice that interest on the bonds will accrue during each calendar quarter at a rate equal to the lesser of the average of the bond equivalent rates on 91-day Treasury bills auctioned during the preceding calendar quarter, or 3 per centum per annum, but in no case less SUMMARY: E:\FR\FM\28JYN1.SGM 28JYN1 Federal Register / Vol. 80, No. 144 / Tuesday, July 28, 2015 / Notices than zero. The rate will be a variable rate re-calculated quarterly. Treasury will post this rate in Table 2b—Interest Rates for Specific Legislation on the TreasuryDirect Web site beginning on October 1, 2015 and subsequently in the Federal Register. true time value of the cash placed on deposit. Dated: July 20, 2015. Gary Grippo, Deputy Assistant Secretary for Public Finance. [FR Doc. 2015–18545 Filed 7–27–15; 8:45 am] DATES: This notice is effective October 1, 2015. BILLING CODE 4810–25–P You can download this notice at the following Internet addresses: http://www.treasury.gov or http://www.federalregister.gov. DEPARTMENT OF VETERANS AFFAIRS ADDRESSES: FOR FURTHER INFORMATION CONTACT: Colleen McLoughlin, Office of Federal Program Finance, Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, (202) 622– 5447. Federal law requires that interest payments on cash deposited to secure immigration bonds shall be ‘‘at a rate determined by the Secretary of the Treasury, except that in no case shall the interest rate exceed 3 per centum per annum.’’ 8 U.S.C. 1363(a). Since 1971, this rate has been set at a fixed 3 per centum per annum. Beginning October 1, 2015, cash bond deposits will pay a variable rate of interest that changes quarterly based on 91-day Treasury bills. This change will better reflect market conditions and the asabaliauskas on DSK5VPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: VerDate Sep<11>2014 19:17 Jul 27, 2015 Jkt 235001 Special Medical Advisory Group; Notice of Meeting The Department of Veterans Affairs (VA) gives notice under the Federal Advisory Committee Act, 5 U.S.C. App. 2 that the Special Medical Advisory Group (SMAG) will meet via teleconference on August 25, 2015, from 9 a.m. to 11 a.m. Eastern Time. The meeting is open to the public. Call-in access is 1–800–767–1750; access code 07245. Members of the public may join the virtual conference call to listen to the discussion; there will be no participation in the discussion by members of the public. Participants will be asked to identify themselves to gain access to the meeting. The purpose of the SMAG is to advise the Secretary of Veterans Affairs and the Under Secretary for Health on the care PO 00000 Frm 00096 Fmt 4703 Sfmt 9990 45019 and treatment of disabled Veterans, and other matters pertinent to the Department’s Veterans Health Administration (VHA). The agenda for the August 25, 2015, meeting will include the review of the minutes and key points from the May 13, 2015, SMAG meeting and further discussion of the key elements of the VHA Blueprint for Excellence. Although no time will be allocated for receiving oral presentations from the public, members of the public may submit written statements for review by the Committee to Barbara Hyduke, Department of Veterans Affairs, Office of Patient Care Services (10P4), Veterans Health Administration, 810 Vermont Avenue NW., Washington, DC 20420, or by email at barbara.hyduke@va.gov. If you plan to listen to the meeting, please call in at least 15 minutes the start of the meeting; callers will not be given access after 9:00 a.m. Any member of the public wishing to attend the meeting or seeking additional information should contact Ms. Hyduke at (202) 461–7800 or by the email address noted above. Dated: July 23, 2015. Rebecca Schiller, Advisory Committee Management Officer. [FR Doc. 2015–18447 Filed 7–27–15; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\28JYN1.SGM 28JYN1

Agencies

[Federal Register Volume 80, Number 144 (Tuesday, July 28, 2015)]
[Notices]
[Pages 45018-45019]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-18545]


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DEPARTMENT OF THE TREASURY


Departmental Offices; Change in the Calculation of Interest Rate 
Paid on Cash Deposited To Secure U.S. Immigration and Customs 
Enforcement Immigration Bonds

AGENCY: Departmental Offices, Treasury.

ACTION: Notice.

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SUMMARY: The Department of Homeland Security, U.S. Immigration and 
Customs Enforcement, amended its regulations at 8 CFR part 293 on the 
payment of interest on cash bond deposits to state that ``Interest on 
cash deposited to secure immigration bonds will be at the rate as 
determined by the Secretary of the Treasury, but in no case will exceed 
3 per centum per annum or be less than zero.'' For the purposes of this 
provision, Treasury is providing notice that interest on the bonds will 
accrue during each calendar quarter at a rate equal to the lesser of 
the average of the bond equivalent rates on 91-day Treasury bills 
auctioned during the preceding calendar quarter, or 3 per centum per 
annum, but in no case less

[[Page 45019]]

than zero. The rate will be a variable rate re-calculated quarterly. 
Treasury will post this rate in Table 2b--Interest Rates for Specific 
Legislation on the TreasuryDirect Web site beginning on October 1, 2015 
and subsequently in the Federal Register.

DATES: This notice is effective October 1, 2015.

ADDRESSES: You can download this notice at the following Internet 
addresses: http://www.treasury.gov or http://www.federalregister.gov.

FOR FURTHER INFORMATION CONTACT: Colleen McLoughlin, Office of Federal 
Program Finance, Department of the Treasury, 1500 Pennsylvania Avenue 
NW., Washington, DC 20220, (202) 622-5447.

SUPPLEMENTARY INFORMATION: Federal law requires that interest payments 
on cash deposited to secure immigration bonds shall be ``at a rate 
determined by the Secretary of the Treasury, except that in no case 
shall the interest rate exceed 3 per centum per annum.'' 8 U.S.C. 
1363(a). Since 1971, this rate has been set at a fixed 3 per centum per 
annum. Beginning October 1, 2015, cash bond deposits will pay a 
variable rate of interest that changes quarterly based on 91-day 
Treasury bills. This change will better reflect market conditions and 
the true time value of the cash placed on deposit.

    Dated: July 20, 2015.
Gary Grippo,
Deputy Assistant Secretary for Public Finance.
[FR Doc. 2015-18545 Filed 7-27-15; 8:45 am]
 BILLING CODE 4810-25-P