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