Departmental Offices; Proposed Collection; Comment Request, 74218-74219 [2015-30142]

Download as PDF mstockstill on DSK4VPTVN1PROD with NOTICES 74218 Federal Register / Vol. 80, No. 228 / Friday, November 27, 2015 / Notices cooperatives in accordance with Internal Revenue Code section 6044. The information is used by IRS to verify reporting compliance on the part of the recipient. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 1,961,131. Estimated Time Per Respondent: 15 min. Estimated Total Annual Burden Hours: 509,895. (2) Title: Conduit Arrangements Regulations. OMB Number: 1545–1440. Form Number: TD 8611 (INTL–64– 93). Abstract: This regulation provides rules that permit the district director to recharacterize a financing arrangement as a conduit arrangement. The recharacterization will affect the amount of U.S. withholding tax due on financing transactions that are part of the financing arrangement. This regulation affects withholding agents and foreign investors who engage in multi-party financing arrangements. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 1,000. Estimated Time Per Respondent: 10 min. Estimated Total Annual Burden Hours: 10,000. (3) Title: Domestic Production Activities Deduction. OMB Number: 1545–1984. Form Number: 8903. Abstract: Taxpayers will use Form 8903 and related instructions to calculate the domestic production activities deduction. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 300,000. Estimated Time Per Respondent: 24 hours 40 min. Estimated Total Annual Burden Hours: 7,398,000. (4) Title: Rules under the Paul Wellstone and Pete Domenici Mental VerDate Sep<11>2014 19:01 Nov 25, 2015 Jkt 238001 Health Parity and Addiction Equity Act of 2008: Technical amendment to external review for Multi-State Plan Program. OMB Number: 1545–2165. Form Number: TD 9640. Abstract: This document contains final rules implementing the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008, which requires parity between mental health or substance use disorder benefits and medical/surgical benefits with respect to financial requirements and treatment limitations under group health plans and group and individual health insurance coverage. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profits, Not-for-profit institutions. Estimated Number of Respondents: 424,000. Estimated Time Per Respondent: 1 min. Estimated Total Annual Burden Hours: 1,900. 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. PO 00000 Frm 00148 Fmt 4703 Sfmt 4703 Approved: November 19, 2015. R. Joseph Durbala, IRS, Tax Analyst. [FR Doc. 2015–30101 Filed 11–25–15; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Departmental Offices; Proposed Collection; Comment Request Notice and request for comments. ACTION: The Department of the Treasury, as part of its continuing effort to reduce paperwork burdens, invites the general public and other Federal agencies to comment on a currently approved information collection form that is due for extension approval by the Office of Management and Budget. The Terrorism Risk Insurance Program Office, which is part of the Federal Insurance Office within the Department of the Treasury, is soliciting comments concerning the Record Keeping Requirements set forth in 31 CFR part 50, subpart J (Sec. 50.94). DATES: Written comments must be received not later than January 26, 2016. ADDRESSES: Interested persons may submit comments electronically through the Federal eRulemaking Portal at http://www.regulations.gov, in accordance with the instructions on that site. In general, the Department will post all comments to www.regulations.gov without change, including any business or personal information provided such as names, addresses, email addresses, or telephone numbers. The Department will also make such comments available for public inspection and copying in the Treasury’s Library, 1500 Pennsylvania Avenue NW., Washington, DC 20220, on official business days between the hours of 10:00 a.m. and 5:00 p.m. Eastern Time. You can make an appointment to inspect comments by telephoning (202) 622–0990. All comments, including attachments and other supporting materials, are part of the public record and subject to public disclosure. You should submit only information that you wish to make available publicly. Electronic submissions are encouraged. Comments may also be mailed to the Department of the Treasury, Terrorism Risk Insurance Office, MT 1410, 1500 Pennsylvania Avenue NW., Washington, DC 20220. FOR FURTHER INFORMATION CONTACT: Richard Ifft, Senior Insurance Regulatory Policy Analyst, Federal Insurance Office, Room 1319, SUMMARY: E:\FR\FM\27NON1.SGM 27NON1 mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 80, No. 228 / Friday, November 27, 2015 / Notices Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, at (202) 622–2922 (this is not a toll-free number) or Kevin Meehan, Policy Advisor, Federal Insurance Office, Room 1410, Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, at (202) 622–7009 (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: OMB Number: 1505–0208. Title: Terrorism Risk Insurance Program—Program Cap on Annual Liability. Abstract: The Terrorism Risk Insurance Act of 2002, as amended (TRIA),1 established the Terrorism Risk Insurance Program (TRIP),2 which the Secretary of the U.S. Department of the Treasury (Secretary) administers, with the assistance of the Federal Insurance Office.3 Section 103(e) of TRIA sets a limit on the annual liability for insured losses at $100 billion. This section requires the Secretary to notify Congress not later than 15 days after an act of terrorism as to whether aggregate insured losses are estimated to exceed the cap. TRIA, as amended, also requires the Secretary to determine the pro rata share of insured losses under the Program when insured losses exceed the cap, and to issue regulations for carrying this out. In order to meet these requirements, Treasury may need to obtain loss information from involved insurers. This would be accomplished by the issuance of a ‘‘data call’’ to ascertain insurer losses. In the event of the imposition on insurers of a ‘‘pro rata loss percentage’’, it will be necessary to determine compliance when processing insurer claims for payment of the Federal share of compensation. The Terrorism Risk Insurance Program Reauthorization Act of 2015 (Pub. L. 114–1) (2015 Reauthorization Act) requires insurers participating in the Program to submit to Treasury certain information regarding the operation of the Program. Treasury is presently considering the information that should be collected under the 2015 Reauthorization Act. It is possible that information that will be collected pursuant to this process under consideration might affect the amount of information that would need to be 1 15 U.S.C. 6701 note. Because the provisions of TRIA (as amended) appear in a note, instead of particular sections, of the United States Code, the provisions of TRIA are identified by the sections of the law. 2 See 31 CFR part 50. 3 31 U.S.C. 313(c)(1)(D). VerDate Sep<11>2014 19:01 Nov 25, 2015 Jkt 238001 collected pursuant to this currently approved data collection. Treasury will address such issues in connection with any notice that it issues concerning data collection under the Terrorism Risk Insurance Program Reauthorization Act of 2015. This extension is sought to maintain the existing approved data collection in place, consistent with the requirements of the Paperwork Reduction Act, pending the proposal by Treasury of any additional data collection in connection with the Program. Type of Review: Extension of a currently approved data collection. Affected Public: Business/Financial Institutions. Estimated Number of Respondents: 200. Estimated Average Time per Respondent: 5 hours. Estimated Total Annual Burden Hours: 1,000 hours. Request for Comments: 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. 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 collections; (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. Michael T. McRaith, Director, Federal Insurance Office. [FR Doc. 2015–30142 Filed 11–25–15; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request Department of the Treasury. Notice. AGENCY: ACTION: The Department of the Treasury will submit the following information PO 00000 Frm 00149 Fmt 4703 Sfmt 4703 74219 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 December 28, 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 email at PRA@treasury.gov or the entire information collection request may be found at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Internal Revenue Service (IRS) OMB Number: 1545–0432. Type of Review: Extension without change of a previously approved collection. Title: Request for Discharge from Personal Liability Under Internal Revenue Code Section 2204 or 6905. Form: 5495. Abstract: Form 5495 provides guidance under sections 2204 and 6905 for executors of estates and fiduciaries of decedent’s trusts. The form, filed after regular filing of an Estate, Gift, or Income Tax Return for a Decedent, is used by the executor or fiduciary to request discharge from personal liability for any deficiency for the tax and periods shown on the form. Affected Public: Individuals or Households. Estimated Annual Burden Hours: 306,500. OMB Number: 1545–0973. Type of Review: Extension without change of a previously approved collection. Title: Geographic Availability Statement. Form: 8569. Abstract: The data collected from this form is used by the executive panels responsible for screening internal and external applicants for the SES Candidate Development Program, and other executive position. E:\FR\FM\27NON1.SGM 27NON1

Agencies

[Federal Register Volume 80, Number 228 (Friday, November 27, 2015)]
[Notices]
[Pages 74218-74219]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30142]


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DEPARTMENT OF THE TREASURY


Departmental Offices; Proposed Collection; Comment Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork burdens, invites the general public and 
other Federal agencies to comment on a currently approved information 
collection form that is due for extension approval by the Office of 
Management and Budget. The Terrorism Risk Insurance Program Office, 
which is part of the Federal Insurance Office within the Department of 
the Treasury, is soliciting comments concerning the Record Keeping 
Requirements set forth in 31 CFR part 50, subpart J (Sec. 50.94).

DATES: Written comments must be received not later than January 26, 
2016.

ADDRESSES: Interested persons may submit comments electronically 
through the Federal eRulemaking Portal at http://www.regulations.gov, 
in accordance with the instructions on that site. In general, the 
Department will post all comments to www.regulations.gov without 
change, including any business or personal information provided such as 
names, addresses, email addresses, or telephone numbers. The Department 
will also make such comments available for public inspection and 
copying in the Treasury's Library, 1500 Pennsylvania Avenue NW., 
Washington, DC 20220, on official business days between the hours of 
10:00 a.m. and 5:00 p.m. Eastern Time. You can make an appointment to 
inspect comments by telephoning (202) 622-0990. All comments, including 
attachments and other supporting materials, are part of the public 
record and subject to public disclosure. You should submit only 
information that you wish to make available publicly.
    Electronic submissions are encouraged.
    Comments may also be mailed to the Department of the Treasury, 
Terrorism Risk Insurance Office, MT 1410, 1500 Pennsylvania Avenue NW., 
Washington, DC 20220.

FOR FURTHER INFORMATION CONTACT: Richard Ifft, Senior Insurance 
Regulatory Policy Analyst, Federal Insurance Office, Room 1319,

[[Page 74219]]

Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, 
DC 20220, at (202) 622-2922 (this is not a toll-free number) or Kevin 
Meehan, Policy Advisor, Federal Insurance Office, Room 1410, Department 
of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, at 
(202) 622-7009 (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: 
    OMB Number: 1505-0208.
    Title: Terrorism Risk Insurance Program--Program Cap on Annual 
Liability.
    Abstract: The Terrorism Risk Insurance Act of 2002, as amended 
(TRIA),\1\ established the Terrorism Risk Insurance Program (TRIP),\2\ 
which the Secretary of the U.S. Department of the Treasury (Secretary) 
administers, with the assistance of the Federal Insurance Office.\3\ 
Section 103(e) of TRIA sets a limit on the annual liability for insured 
losses at $100 billion. This section requires the Secretary to notify 
Congress not later than 15 days after an act of terrorism as to whether 
aggregate insured losses are estimated to exceed the cap. TRIA, as 
amended, also requires the Secretary to determine the pro rata share of 
insured losses under the Program when insured losses exceed the cap, 
and to issue regulations for carrying this out. In order to meet these 
requirements, Treasury may need to obtain loss information from 
involved insurers. This would be accomplished by the issuance of a 
``data call'' to ascertain insurer losses. In the event of the 
imposition on insurers of a ``pro rata loss percentage'', it will be 
necessary to determine compliance when processing insurer claims for 
payment of the Federal share of compensation. The Terrorism Risk 
Insurance Program Reauthorization Act of 2015 (Pub. L. 114-1) (2015 
Reauthorization Act) requires insurers participating in the Program to 
submit to Treasury certain information regarding the operation of the 
Program. Treasury is presently considering the information that should 
be collected under the 2015 Reauthorization Act. It is possible that 
information that will be collected pursuant to this process under 
consideration might affect the amount of information that would need to 
be collected pursuant to this currently approved data collection. 
Treasury will address such issues in connection with any notice that it 
issues concerning data collection under the Terrorism Risk Insurance 
Program Reauthorization Act of 2015. This extension is sought to 
maintain the existing approved data collection in place, consistent 
with the requirements of the Paperwork Reduction Act, pending the 
proposal by Treasury of any additional data collection in connection 
with the Program.
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    \1\ 15 U.S.C. 6701 note. Because the provisions of TRIA (as 
amended) appear in a note, instead of particular sections, of the 
United States Code, the provisions of TRIA are identified by the 
sections of the law.
    \2\ See 31 CFR part 50.
    \3\ 31 U.S.C. 313(c)(1)(D).
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    Type of Review: Extension of a currently approved data collection.
    Affected Public: Business/Financial Institutions.
    Estimated Number of Respondents: 200.
    Estimated Average Time per Respondent: 5 hours.
    Estimated Total Annual Burden Hours: 1,000 hours.
    Request for Comments: 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. 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 
collections; (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.

Michael T. McRaith,
Director, Federal Insurance Office.
[FR Doc. 2015-30142 Filed 11-25-15; 8:45 am]
BILLING CODE 4810-25-P