Debt Management Advisory Committee Meeting, 21953 [2016-08285]

Download as PDF asabaliauskas on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 81, No. 71 / Wednesday, April 13, 2016 / Notices 92–463., the first Advisory Group to the Commissioner of Internal Revenue—or the Commissioner’s Advisory Group (‘‘CAG’’)—was established in 1953 as a ‘‘national policy and/or issue advisory committee.’’ Renamed in 1998, the Internal Revenue Service Advisory Council (IRSAC) reflects the agencywide scope of its focus as an advisory body to the entire agency. The IRSAC’s primary purpose is to provide an organized public forum for senior IRS executives and representatives of the public to discuss relevant tax administration issues. Conveying the public’s perception of IRS activities, the IRSAC is comprised of individuals who bring substantial, disparate experience and diverse backgrounds on the Council’s activities. Membership is balanced to include representation from the taxpaying public, the tax professional community, small and large businesses, international, wage and investment taxpayers and the knowledge of Circular 230. IRSAC members are appointed by the Commissioner of the Internal Revenue Service with the concurrence of the Secretary of the Treasury to serve a three-year term. IRSAC may form subcommittees (or subgroups) for any purpose consistent with the charter. These subcommittees must report directly to the IRSAC parent committee. Members are not paid for their services. However, travel expenses for working sessions, public meetings and orientation sessions, such as airfare, per diem, and transportation to and from airports, train stations, etc., are reimbursed within prescribed federal travel limitations. All applicants will be sent an acknowledgment of receipt. In accordance with the Department of Treasury Directive 21–03, a clearance process, including annual tax checks and a practitioner check with both the IRS Return Preparer Office and the Office of Professional Responsibility, will be conducted. In addition, all applicants deemed ‘‘Best Qualified’’ shall undergo a Federal Bureau of Investigation (FBI) fingerprint check. Equal opportunity practices will be followed for all appointments to the IRSAC in accordance with the Department of Treasury and IRS VerDate Sep<11>2014 17:41 Apr 12, 2016 Jkt 238001 policies. The IRS has special interest in assuring that women and men, members of all races and national origins, and individuals with disabilities are adequately represented on advisory committees. Therefore, the IRS extends particular encouragement to nominations from such appropriatelyqualified candidates. Dated: April 8, 2016. Candice Cromling, Director, National Public Liaison. [FR Doc. 2016–08490 Filed 4–12–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Departmental Offices Debt Management Advisory Committee Meeting Notice is hereby given, pursuant to 5 U.S.C. App. 2, 10(a)(2), that a meeting will be held at the Hay-Adams Hotel, 16th Street and Pennsylvania Avenue NW., Washington, DC, on May 3, 2016 at 11:30 a.m. of the following debt management advisory committee: Treasury Borrowing Advisory Committee of The Securities Industry and Financial Markets Association. The agenda for the meeting provides for a charge by the Secretary of the Treasury or his designate that the Committee discuss particular issues and conduct a working session. Following the working session, the Committee will present a written report of its recommendations. The meeting will be closed to the public, pursuant to 5 U.S.C. App. 2, 10(d) and Public Law 103–202, 202(c)(1)(B) (31 U.S.C. 3121 note). This notice shall constitute my determination, pursuant to the authority placed in heads of agencies by 5 U.S.C. App. 2, 10(d) and vested in me by Treasury Department Order No. 101–05, that the meeting will consist of discussions and debates of the issues presented to the Committee by the Secretary of the Treasury and the making of recommendations of the Committee to the Secretary, pursuant to Public Law 103–202, 202(c)(1)(B). Thus, this information is exempt from disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In addition, the meeting is concerned with information PO 00000 Frm 00118 Fmt 4703 Sfmt 9990 21953 that is exempt from disclosure under 5 U.S.C. 552b(c)(9)(A). The public interest requires that such meetings be closed to the public because the Treasury Department requires frank and full advice from representatives of the financial community prior to making its final decisions on major financing operations. Historically, this advice has been offered by debt management advisory committees established by the several major segments of the financial community. When so utilized, such a committee is recognized to be an advisory committee under 5 U.S.C. App. 2, 3. Although the Treasury’s final announcement of financing plans may not reflect the recommendations provided in reports of the Committee, premature disclosure of the Committee’s deliberations and reports would be likely to lead to significant financial speculation in the securities market. Thus, this meeting falls within the exemption covered by 5 U.S.C. 552b(c)(9)(A). Treasury staff will provide a technical briefing to the press on the day before the Committee meeting, following the release of a statement of economic conditions and financing estimates. This briefing will give the press an opportunity to ask questions about financing projections. The day after the Committee meeting, Treasury will release the minutes of the meeting, any charts that were discussed at the meeting, and the Committee’s report to the Secretary. The Office of Debt Management is responsible for maintaining records of debt management advisory committee meetings and for providing annual reports setting forth a summary of Committee activities and such other matters as may be informative to the public consistent with the policy of 5 U.S.C. 552(b). The Designated Federal Officer or other responsible agency official who may be contacted for additional information is Fred Pietrangeli, Director for Office of Debt Management (202) 622–1876. Dated: April 6, 2016. Fred Pietrangeli, Director for Office of Debt Management. [FR Doc. 2016–08285 Filed 4–12–16; 8:45 am] BILLING CODE 4810–25–M E:\FR\FM\13APN1.SGM 13APN1

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[Federal Register Volume 81, Number 71 (Wednesday, April 13, 2016)]
[Notices]
[Page 21953]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-08285]


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DEPARTMENT OF THE TREASURY

Departmental Offices


Debt Management Advisory Committee Meeting

    Notice is hereby given, pursuant to 5 U.S.C. App. 2, 10(a)(2), that 
a meeting will be held at the Hay-Adams Hotel, 16th Street and 
Pennsylvania Avenue NW., Washington, DC, on May 3, 2016 at 11:30 a.m. 
of the following debt management advisory committee:
    Treasury Borrowing Advisory Committee of The Securities Industry 
and Financial Markets Association.
    The agenda for the meeting provides for a charge by the Secretary 
of the Treasury or his designate that the Committee discuss particular 
issues and conduct a working session. Following the working session, 
the Committee will present a written report of its recommendations. The 
meeting will be closed to the public, pursuant to 5 U.S.C. App. 2, 
10(d) and Public Law 103-202, 202(c)(1)(B) (31 U.S.C. 3121 note).
    This notice shall constitute my determination, pursuant to the 
authority placed in heads of agencies by 5 U.S.C. App. 2, 10(d) and 
vested in me by Treasury Department Order No. 101-05, that the meeting 
will consist of discussions and debates of the issues presented to the 
Committee by the Secretary of the Treasury and the making of 
recommendations of the Committee to the Secretary, pursuant to Public 
Law 103-202, 202(c)(1)(B). Thus, this information is exempt from 
disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In 
addition, the meeting is concerned with information that is exempt from 
disclosure under 5 U.S.C. 552b(c)(9)(A). The public interest requires 
that such meetings be closed to the public because the Treasury 
Department requires frank and full advice from representatives of the 
financial community prior to making its final decisions on major 
financing operations. Historically, this advice has been offered by 
debt management advisory committees established by the several major 
segments of the financial community. When so utilized, such a committee 
is recognized to be an advisory committee under 5 U.S.C. App. 2, 3.
    Although the Treasury's final announcement of financing plans may 
not reflect the recommendations provided in reports of the Committee, 
premature disclosure of the Committee's deliberations and reports would 
be likely to lead to significant financial speculation in the 
securities market. Thus, this meeting falls within the exemption 
covered by 5 U.S.C. 552b(c)(9)(A).
    Treasury staff will provide a technical briefing to the press on 
the day before the Committee meeting, following the release of a 
statement of economic conditions and financing estimates. This briefing 
will give the press an opportunity to ask questions about financing 
projections. The day after the Committee meeting, Treasury will release 
the minutes of the meeting, any charts that were discussed at the 
meeting, and the Committee's report to the Secretary.
    The Office of Debt Management is responsible for maintaining 
records of debt management advisory committee meetings and for 
providing annual reports setting forth a summary of Committee 
activities and such other matters as may be informative to the public 
consistent with the policy of 5 U.S.C. 552(b). The Designated Federal 
Officer or other responsible agency official who may be contacted for 
additional information is Fred Pietrangeli, Director for Office of Debt 
Management (202) 622-1876.

    Dated: April 6, 2016.
Fred Pietrangeli,
Director for Office of Debt Management.
[FR Doc. 2016-08285 Filed 4-12-16; 8:45 am]
BILLING CODE 4810-25-M