Extension of Time To File Certain Information Returns; Extension of Comment Period, 68794 [2015-28279]
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Federal Register / Vol. 80, No. 215 / Friday, November 6, 2015 / Proposed Rules
determined under § 327.9, until the
credits are exhausted.
(iv) The amount of credits applied
each quarter will not be recalculated as
a result of amendments to the quarterly
Reports of Condition and Income or the
quarterly Reports of Assets and
Liabilities of U.S. Branches and
Agencies of Foreign Banks pertaining to
any quarter in which credits have been
applied.
(d) Request for Review and Appeals of
Assessment CreditsÐ
(1) An institution that disagrees with
the basis for its assessment credits, or
the Corporation’s computation of its
assessments credits, under paragraph (c)
of this section and seeks to change it
must submit a written request for review
and any supporting documentation to
the FDIC’s Director of the Division of
Finance.
(2) Timing. Any request for review
under this paragraph must:
(i) Be submitted within 30 days from
(A) The initial notice provided by the
FDIC to the insured depository
institution under paragraph (c)(6) of this
section stating the FDIC’s preliminary
estimate of an eligible institution’s
assessment credit and the manner in
which the assessment credit was
calculated; or
(B) Any updated notice provided by
the FDIC to the insured depository
institution under paragraph (c)(6) of this
section.
(ii) Any requests submitted after the
deadline in paragraph (d)(2)(i) of this
section will be considered untimely
filed and the institution will be
subsequently barred from submitting a
request for review of its assessment
credit.
(3) Process of Review.
(i) Upon receipt of a request for
review, the FDIC would temporarily
freeze the amount of the assessment
credit being reviewed until a final
determination is made by the
Corporation.
(ii) The FDIC may request, as part of
its review, additional information from
the insured depository institution
involved in the request and any such
information must be submitted to the
FDIC within 21 days of the FDIC’s
request.
(iii) The FDIC’s Director of the
Division of Finance, or his or her
designee, will notify the requesting
institution of his or her determination of
whether a change is warranted within
the latter of the following timeframes:
(A) 60 days of receipt by the FDIC of
the request for review; or
(B) If additional information had been
requested from the FDIC, within 60 days
VerDate Sep<11>2014
16:42 Nov 05, 2015
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of receipt of any such additional
information.
(4) Appeal. If the requesting
institution disagrees with the final
determination from the Director of the
Division of Finance, that institution may
appeal its assessment credit
determination to the FDIC’s Assessment
Appeals Committee within 30 days from
the date of the Director’s written
determination. Notice of the procedures
applicable to an appeal before the
Assessment Appeals Committee will be
included in the Director’s written
determination.
(5) Adjustments to Assessment
Credits. Once the Director of the
Division of Finance, or the Assessment
Appeals Committee, as appropriate, has
notified the requesting bank of its final
determination, then the FDIC will make
appropriate adjustments to assessment
credit amounts consistent with that
determination. Adjustments to an
insured depository institution’s
assessment credit amounts will not be
applied retroactively to reduce or
increase the quarterly deposit insurance
assessment for a prior assessment
period.
■ 4. In § 327.35 revise paragraph (a) to
read as follows:
§ 327.35
Application of credits.
(a) Subject to the limitations in
paragraph (b) of this section, the amount
of an eligible insured depository
institution’s one-time credit shall be
applied to the maximum extent
allowable by law against that
institution’s quarterly assessment
payment under subpart A of this part,
after applying assessment credits
awarded under § 327.11(c), until the
institution’s credit is exhausted.
*
*
*
*
*
By order of the Board of Directors.
Dated at Washington, DC, this 22nd day of
October, 2015.
Federal Deposit Insurance Corporation.
Robert Feldman,
Executive Secretary.
[FR Doc. 2015–27287 Filed 11–5–15; 8:45 am]
BILLING CODE 6714–01–P
PO 00000
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG–132075–14]
RIN 1545–BM49
Extension of Time To File Certain
Information Returns; Extension of
Comment Period
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of proposed rulemaking;
extension of comment period.
AGENCY:
This document extends the
comment period for a notice of
proposed rulemaking (REG–132075–14)
that was published in the Federal
Register on Thursday, August 13, 2015.
The proposed regulations relate to
extensions of time to file information
returns on forms in the W–2 series
(except Form W–2G).
DATES: Written or electronic comments
and requests for a public hearing for the
notice of proposed rulemaking
published on August 13, 2015 (80 FR
48472), is extended to January 11, 2016.
ADDRESSES: Send submissions to
CC:PA:LPD:PR (REG–132075–14), Room
5203, Internal Revenue Service, P.O.
Box 7604, Ben Franklin Station,
Washington, DC 20044. Submissions
may be hand-delivered Monday through
Friday between the hours of 8 a.m. and
4 p.m. to CC:PA:LPD:PR (REG–132075–
14), Courier’s Desk, Internal Revenue
Service, 1111 Constitution Avenue NW.,
Washington, DC, or sent electronically,
via the Federal eRulemaking Portal at
https://www.regulations.gov (indicate
IRS and REG–132075–14).
FOR FURTHER INFORMATION CONTACT:
Jonathan R. Black at (202) 317–6845 (not
a toll free number).
SUPPLEMENTARY INFORMATION: A notice
of proposed rulemaking that appeared
in the Federal Register on Thursday,
August 13, 2015 (80 FR 48472)
announced that written and electronic
comments and requests for a public
hearing must be received by November
12, 2015. In order to provide the public
with a sufficient opportunity to submit
comments, the due date to receive
electronic comments and requests for a
public hearing has been extended to
Monday, January 11, 2016.
SUMMARY:
Martin V. Franks,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. 2015–28279 Filed 11–5–15; 8:45 am]
BILLING CODE 4830–01–P
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[Federal Register Volume 80, Number 215 (Friday, November 6, 2015)]
[Proposed Rules]
[Page 68794]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-28279]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-132075-14]
RIN 1545-BM49
Extension of Time To File Certain Information Returns; Extension
of Comment Period
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of proposed rulemaking; extension of comment period.
-----------------------------------------------------------------------
SUMMARY: This document extends the comment period for a notice of
proposed rulemaking (REG-132075-14) that was published in the Federal
Register on Thursday, August 13, 2015. The proposed regulations relate
to extensions of time to file information returns on forms in the W-2
series (except Form W-2G).
DATES: Written or electronic comments and requests for a public hearing
for the notice of proposed rulemaking published on August 13, 2015 (80
FR 48472), is extended to January 11, 2016.
ADDRESSES: Send submissions to CC:PA:LPD:PR (REG-132075-14), Room
5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station,
Washington, DC 20044. Submissions may be hand-delivered Monday through
Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG-
132075-14), Courier's Desk, Internal Revenue Service, 1111 Constitution
Avenue NW., Washington, DC, or sent electronically, via the Federal
eRulemaking Portal at https://www.regulations.gov (indicate IRS and REG-
132075-14).
FOR FURTHER INFORMATION CONTACT: Jonathan R. Black at (202) 317-6845
(not a toll free number).
SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking that
appeared in the Federal Register on Thursday, August 13, 2015 (80 FR
48472) announced that written and electronic comments and requests for
a public hearing must be received by November 12, 2015. In order to
provide the public with a sufficient opportunity to submit comments,
the due date to receive electronic comments and requests for a public
hearing has been extended to Monday, January 11, 2016.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-28279 Filed 11-5-15; 8:45 am]
BILLING CODE 4830-01-P
