Proposed Collection; Comment Request, 12784-12785 [2016-05364]
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12784
Federal Register / Vol. 81, No. 47 / Thursday, March 10, 2016 / Notices
soliciting comments concerning
Revenue Procedure 97–33, Electronic
Federal Tax Payment System (EFTPS).
DATES: Written comments should be
received on or before May 9, 2016 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Tuawana Pinkston, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Allan Hopkins at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Federal Tax Payment System
(EFTPS).
OMB Number: 1545–1546.
Revenue Procedure Number: Revenue
Procedure 97–33.
Abstract: The Electronic Federal Tax
Payment System (EFTPS) is an
electronic remittance processing system
for making federal tax deposits (FTDs)
and federal tax payments (FTPs).
Revenue Procedure 97–33 provides
taxpayers with information and
procedures that will help them to
electronically make FTDs and tax
payments through EFTPS.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations, not-for-profit institutions,
farms, and Federal, state, local or tribal
governments.
Estimated Number of Respondents:
557,243.
Estimated Average Time per
Respondent: 30 minutes.
Estimated Total Annual Burden
Hours: 278,622.
The following paragraph applies to all
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
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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: March 2, 2016.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2016–05337 Filed 3–9–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
March 4, 2016.
The Department of the Treasury will
submit the following information
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 April 11, 2016 to be assured
of consideration.
ADDRESSES: Send comments regarding
the burden estimates, or any other
aspect of the information collections,
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
8117, Washington, DC 20220, or email
at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained by emailing PRA@treasury.gov,
calling (202) 622–1295, or viewing the
entire information collection request at
www.reginfo.gov.
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Internal Revenue Service (IRS)
OMB Number: 1545–2261.
Type of Review: Revision of a
currently approved collection.
Title: Consumer Tipping Survey.
Abstract: The IRS is charged with
collecting revenue legally owed to the
federal government. One important
category of income comes in the form of
tips. Previous empirical research has
shown income from tips to be
significantly underreported, limiting the
IRS’s ability to collect the proper
amount of tax revenue. The IRS believes
a new study of consumer tipping
practices is needed in order to better
understand current tip reporting
behavior so tax administrators and
policy makers can make the tax system
fairer and more efficient. The main goal
for this survey effort is to generate
statistically valid estimates of tipped
income in a variety of services for which
no such estimates exist, in addition to
providing information on other
correlates of tipped income and
behavior including, but not limited to,
regional or seasonal fluctuations in
tipped income.
Estimated Total Annual Burden
Hours: 11,144.
OMB Number: 1545–1548.
Type of Review: Reinstatement
without change of a previously
approved collection.
Title: Rev. Proc. 2013–30, Uniform
Late S Corporation Election Revenue
Procedure.
Abstract: The information will help
the IRS determine whether a taxpayer
has met the requirements of the Rev
Proc and whether a taxpayer has
reasonable cause for failing to make a
timely election. The collection is
required to make a late election
pursuant to this Rev Proc. This
information will be used to determine
whether the eligibility requirements for
obtaining relief have been met. Modifies
and supersedes and makes obsolete Rev.
Proc’s. 2003–43, 2004–48, and 2007–62.
Estimated Total Annual Burden
Hours: 50,000.
Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016–05290 Filed 3–9–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Proposed Collection; Comment
Request
Departmental Offices, Treasury.
Notice and request for
comments.
AGENCY:
ACTION:
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10MRN1
Federal Register / Vol. 81, No. 47 / Thursday, March 10, 2016 / Notices
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 comment on
an extension of an existing information
collection, as required by the Paperwork
Reduction Act of 1995, Public Law 104–
13 (44 U.S.C. 3506(c)(2)(A)).
DATES: Written comments should be
received on or before May 9, 2016 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
Treasury PRA Clearance Officer, 1750
Pennsylvania Ave. NW., Suite 8117,
Washington, DC 20220, or email at
PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information
should be directed to Treasury PRA
Clearance Officer, 1750 Pennsylvania
Ave. NW., Suite 8117, Washington, DC
20220, or email at PRA@treasury.gov.
SUPPLEMENTARY INFORMATION:
OMB Control Number: 1505–NEW.
Title: Collection of Data From
Property and Casualty Insurers for a
Report on the Effectiveness of the
Terrorism Risk Insurance Program.
Abstract: This information collection
is made necessary by the provisions of
the Terrorism Risk Insurance Program
Reauthorization Act of 2015 (Pub. L.
114–1, 129 Stat. 3). Title I of the
Terrorism Risk Insurance Act of 2002
(Pub. L. 107–297, 116 Stat. 2322) (the
Act) establishes a temporary federal
program of shared public and private
compensation for insured commercial
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SUMMARY:
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17:55 Mar 09, 2016
Jkt 238001
property and casualty losses resulting
from an act of terrorism. The Act
authorizes Treasury to administer and
implement the Terrorism Risk Insurance
Program (Program), including the
issuance of regulations and procedures.
The Program provides a federal
backstop for insured losses from an act
of terrorism. Although the Program was
originally set to expire on December 31,
2005, it has now been extended and
amended on three occasions; most
recently, 2015 Reauthorization Act
extended the Program through
December 31, 2020. Section 111 of the
2015 Reauthorization Act provides that
the Secretary of the Treasury,
commencing in the calendar year
beginning on January 1, 2016, shall
require insurers participating in the
Program to submit information
regarding insurance coverage for
terrorism losses in order to analyze the
effectiveness of the Program. Section
111(h)(2) of the 2015 Reauthorization
Act requires the Secretary to submit a
report by June 30, 2016 to Committees
of the House of Representatives and of
the Senate on the overall effectiveness
of the Program, among other things.
Proposed rules addressing data
collection are now pending OMB
review. Treasury sought emergency
clearance and review for the 2016 data
collection only, as the normal public
review and comment processes will not
permit the collection of data under the
proposed rules in time for Treasury to
complete a June 30, 2016 Report to
Congress. Treasury intends to make the
initial request voluntary on the part of
participating insurers. Each entity that
meets the Act’s definition of insurer
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12785
(based upon existing information, over
2000 individual firms, within
approximately 800 separate insurance
groups) must participate in the Program.
Type of Review: New collection.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
300.
Estimated Total Annual Burden
Hours: 10,000.
Request for Comment: Comments
submitted in response to this notice will
be summarized and included in the
request for Office of Management and
Budget approval. Comments may
become a matter of public record. The
public is invited to submit comments
concerning: (a) Whether the collection
of information is necessary for the
proper performance of the functions of
the agency, including whether the
information will 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
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.
Dated: March 7, 2016.
Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016–05364 Filed 3–9–16; 8:45 am]
BILLING CODE 4810–25–P
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]]>Agencies
[Federal Register Volume 81, Number 47 (Thursday, March 10, 2016)]
[Notices]
[Pages 12784-12785]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-05364]
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DEPARTMENT OF THE TREASURY
Proposed Collection; Comment Request
AGENCY: Departmental Offices, Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
[[Page 12785]]
SUMMARY: 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 comment on an extension of an
existing information collection, as required by the Paperwork Reduction
Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)).
DATES: Written comments should be received on or before May 9, 2016 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 Treasury PRA Clearance Officer, 1750
Pennsylvania Ave. NW., Suite 8117, Washington, DC 20220, or email at
PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to Treasury PRA Clearance Officer, 1750 Pennsylvania
Ave. NW., Suite 8117, Washington, DC 20220, or email at
PRA@treasury.gov.
SUPPLEMENTARY INFORMATION:
OMB Control Number: 1505-NEW.
Title: Collection of Data From Property and Casualty Insurers for a
Report on the Effectiveness of the Terrorism Risk Insurance Program.
Abstract: This information collection is made necessary by the
provisions of the Terrorism Risk Insurance Program Reauthorization Act
of 2015 (Pub. L. 114-1, 129 Stat. 3). Title I of the Terrorism Risk
Insurance Act of 2002 (Pub. L. 107-297, 116 Stat. 2322) (the Act)
establishes a temporary federal program of shared public and private
compensation for insured commercial property and casualty losses
resulting from an act of terrorism. The Act authorizes Treasury to
administer and implement the Terrorism Risk Insurance Program
(Program), including the issuance of regulations and procedures. The
Program provides a federal backstop for insured losses from an act of
terrorism. Although the Program was originally set to expire on
December 31, 2005, it has now been extended and amended on three
occasions; most recently, 2015 Reauthorization Act extended the Program
through December 31, 2020. Section 111 of the 2015 Reauthorization Act
provides that the Secretary of the Treasury, commencing in the calendar
year beginning on January 1, 2016, shall require insurers participating
in the Program to submit information regarding insurance coverage for
terrorism losses in order to analyze the effectiveness of the Program.
Section 111(h)(2) of the 2015 Reauthorization Act requires the
Secretary to submit a report by June 30, 2016 to Committees of the
House of Representatives and of the Senate on the overall effectiveness
of the Program, among other things. Proposed rules addressing data
collection are now pending OMB review. Treasury sought emergency
clearance and review for the 2016 data collection only, as the normal
public review and comment processes will not permit the collection of
data under the proposed rules in time for Treasury to complete a June
30, 2016 Report to Congress. Treasury intends to make the initial
request voluntary on the part of participating insurers. Each entity
that meets the Act's definition of insurer (based upon existing
information, over 2000 individual firms, within approximately 800
separate insurance groups) must participate in the Program.
Type of Review: New collection.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 300.
Estimated Total Annual Burden Hours: 10,000.
Request for Comment: Comments submitted in response to this notice
will be summarized and included in the request for Office of Management
and Budget approval. Comments may become a matter of public record. The
public is invited to submit comments concerning: (a) Whether the
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information will
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 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.
Dated: March 7, 2016.
Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-05364 Filed 3-9-16; 8:45 am]
BILLING CODE 4810-25-P
