Information Collection; Request for Comments, 43335-43336 [2016-15719]

Download as PDF asabaliauskas on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 81, No. 127 / Friday, July 1, 2016 / Notices Ironton Branch’’ or that the Ironton Branch is no longer part of the national rail system and that the Board has no jurisdiction over the Ironton Branch. Additionally, ‘‘[i]f the Ironton Branch has been taken outside the authority of the STB because an abandonment already has been consummated, [NewVista] requests a declaratory order so stating.’’ The history and status of the Ironton Branch is well documented. The Interstate Commerce Commission (ICC) authorized UP’s request to abandon the Ironton Branch in 1977. L.A. & Salt Lake R.R.—Aban.—Portion of the Ironton Branch in Utah Cty., Utah, AB 85 (SubNo. 3) (ICC served Oct. 6, 1977). Subsequently, UP filed a notice with the ICC on December 30, 1977, clarifying that track between Mileposts 0.64 and 0.71 was ‘‘retired and removed,’’ and that track between Mileposts 0.00 and 0.64, and between Mileposts 0.71 and 1.87, was to be retained and reclassified as yard track. The Board confirmed the status of those portions of the Ironton Branch as yard track in Joseph R. Fox— Petition for Declaratory Order, FD 35161 (STB served May 18, 2009), aff’d Fox v. STB, 379 Fed. Appx. 767 (10th Cir. 2010). In that decision, the Board also confirmed that industrial yard track, while excepted under 49 U.S.C. 10906 from the need to obtain Board authority for construction, abandonment, or operation, is nevertheless subject to the Board’s jurisdiction and is not subject to state or local regulation. Because yard track is not subject to the Board’s § 10903 abandonment authority, the Board recently explained that yard track is likewise excepted from the Board’s adverse abandonment process. Instead, the proper vehicle for removing the Board’s jurisdiction over yard track is through a declaratory order proceeding. Pinelawn Cemetery—Pet. for Declaratory Order, FD 35468, slip op. at 11 n.31 (STB served Apr. 21, 2015). Because the portion of the Ironton Branch remaining under Board jurisdiction is yard track, an adverse abandonment is not appropriate here. Therefore, the Board will deny NewVista’s petition for waiver and will close the abandonment proceeding. However, NewVista’s Surreply contains a request for a declaratory order in the alternative. The Board has discretionary authority under 5 U.S.C. 554(e) and 49 U.S.C. 1321 to issue a declaratory order to eliminate a controversy or remove uncertainty. Here, a controversy exists as to whether the yard track has been or can be removed from the Board’s jurisdiction. The Board will therefore institute a declaratory order proceeding. VerDate Sep<11>2014 19:05 Jun 30, 2016 Jkt 238001 It is ordered: 1. NewVista’s petition for waiver in Docket No. AB 1241 is denied. 2. Docket No. AB 1241 is closed. 3. A declaratory order proceeding is instituted in Docket No. FD 36040. All parties must comply with the Rules of Practice, including 49 CFR parts 1112 and 1114. 4. NewVista’s Opening Statement is due August 23, 2016. 5. Replies are due September 12, 2016. 6. NewVista’s rebuttal is due September 22, 2016. 7. Notice of the Board’s action will be published in the Federal Register. 8. The decision is effective on the date of service. Decided: June 23, 2016. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Rena Laws-Byrum, Clearance Clerk. [FR Doc. 2016–15652 Filed 6–30–16; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Information Collection; Request for Comments Notice and request for public comment. ACTION: The U.S. 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 take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning the New Markets Tax Credit Program Certified Development Entity CDE Certification Application. DATES: Written comments must be received on or before August 30, 2016 to be assured of consideration. ADDRESSES: Submit your comments via email to David Meyer, David Meyer, Certification, Compliance Monitoring and Evaluation (CCME) Program Manager, CDFI Fund, at ccme@cdfi.treas.gov. SUMMARY: FOR FURTHER INFORMATION CONTACT: David Meyer, CCME Program Manager, CDFI Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue PO 00000 Frm 00154 Fmt 4703 Sfmt 4703 43335 NW., Washington, DC 20220 or by facsimile to (202) 653–0375 (not a toll free number). Other information regarding the CDFI Fund and its programs may be obtained through the CDFI Fund’s Web site at https:// www.cdfifund.gov. SUPPLEMENTARY INFORMATION: Title: New Markets Tax Credit Program Certified Development Entity CDE Certification Application. OMB Number: 1559–0014. Abstract: Title I, subtitle C, section 121 of the Community Renewal Tax Relief Act of 2000 (the Act), as enacted in the Consolidated Appropriations Act, 2001 (Pub. L. 106–554, December 21, 2000), amended the Internal Revenue Code (IRC) by adding IRC 45D and created the NMTC Program. The Department of the Treasury, through the CDFI Fund, administers the NMTC Program, which provides an incentive to investors in the form of tax credits over seven years, expected to stimulate the provision of private investment capital that, in turn, will facilitate economic and community development in lowincome communities. In order to qualify for an allocation of tax credits through the NMTC Program, an entity must be certified as a qualified Community Development Entity (CDE) and submit an allocation application to the CDFI Fund. Nonprofit entities and for-profit entities may be certified as CDEs by the CDFI Fund. In order to be certified as a CDE, an entity must be a domestic corporation or partnership, that: (1) Has a primary mission of serving or providing investment capital for lowincome communities or low-income persons; and (2) maintains accountability to residents of lowincome communities through their representation on any governing or advisory board of the entity. Current Actions: Renewal of Existing Information Collection. Type of Review: Regular Review. Affected Public: CDEs and entities seeking CDE certification, including business or other for-profit institutions, nonprofit entities, and State, local and Tribal entities. Estimated Number of Respondents: 300. Estimated Annual Time per Respondent: 4 hours. Estimated Total Annual Burden Hours: 1,200 hours. Requests 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 and may be published on the CDFI Fund Web site at https:// E:\FR\FM\01JYN1.SGM 01JYN1 43336 Federal Register / Vol. 81, No. 127 / Friday, July 1, 2016 / Notices www.cdfifund.gov. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the CDFI Fund, including whether the information shall have practical utility; (b) the accuracy of the CDFI Fund’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 technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 CFR 1.45D–1. Mary Ann Donovan, Director, Community Development Financial Institutions Fund. [FR Doc. 2016–15719 Filed 6–30–16; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request June 27, 2016. asabaliauskas on DSK3SPTVN1PROD with NOTICES The Department of the Treasury will submit the following information VerDate Sep<11>2014 19:05 Jun 30, 2016 Jkt 238001 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 August 1, 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. Title: Split-Interest Trust Information Return. Form: Form 5227. Abstract: The data reported is used to verify that the beneficiaries of a charitable remainder trust include the correct amounts in their tax returns, and that the split-interest trust is not subject to private foundation taxes. Estimated Total Annual Burden Hours: 33,138,550. Internal Revenue Service (IRS) OMB Control Number: 1545–0196. Type of Review: Revision of a currently approved collection. Brenda Simms, Treasury PRA Clearance Officer. PO 00000 Frm 00155 Fmt 4703 Sfmt 9990 OMB Control Number: 1545–0219. Type of Review: Revision of a currently approved collection. Title: Work Opportunity Credit. Form: Form 5884. Abstract: IRC section 38(b) (2) allows a credit against income tax to employers hiring individuals from certain targeted groups such as welfare recipients, etc. The employer uses Form 5884 to figure the credit. IRS uses the information on the form to verify that the correct amount of credit was claimed. Estimated Total Annual Burden Hours: 69,400. [FR Doc. 2016–15577 Filed 6–30–16; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\01JYN1.SGM 01JYN1

Agencies

[Federal Register Volume 81, Number 127 (Friday, July 1, 2016)]
[Notices]
[Pages 43335-43336]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-15719]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Information Collection; Request for Comments

ACTION: Notice and request for public comment.

-----------------------------------------------------------------------

SUMMARY: The U.S. 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 take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995. Currently, the Community 
Development Financial Institutions Fund (CDFI Fund), U.S. Department of 
the Treasury, is soliciting comments concerning the New Markets Tax 
Credit Program Certified Development Entity CDE Certification 
Application.

DATES: Written comments must be received on or before August 30, 2016 
to be assured of consideration.

ADDRESSES: Submit your comments via email to David Meyer, David Meyer, 
Certification, Compliance Monitoring and Evaluation (CCME) Program 
Manager, CDFI Fund, at ccme@cdfi.treas.gov.

FOR FURTHER INFORMATION CONTACT: David Meyer, CCME Program Manager, 
CDFI Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue 
NW., Washington, DC 20220 or by facsimile to (202) 653-0375 (not a toll 
free number). Other information regarding the CDFI Fund and its 
programs may be obtained through the CDFI Fund's Web site at https://www.cdfifund.gov.

SUPPLEMENTARY INFORMATION: 
    Title: New Markets Tax Credit Program Certified Development Entity 
CDE Certification Application.
    OMB Number: 1559-0014.
    Abstract: Title I, subtitle C, section 121 of the Community Renewal 
Tax Relief Act of 2000 (the Act), as enacted in the Consolidated 
Appropriations Act, 2001 (Pub. L. 106-554, December 21, 2000), amended 
the Internal Revenue Code (IRC) by adding IRC 45D and created the NMTC 
Program. The Department of the Treasury, through the CDFI Fund, 
administers the NMTC Program, which provides an incentive to investors 
in the form of tax credits over seven years, expected to stimulate the 
provision of private investment capital that, in turn, will facilitate 
economic and community development in low-income communities. In order 
to qualify for an allocation of tax credits through the NMTC Program, 
an entity must be certified as a qualified Community Development Entity 
(CDE) and submit an allocation application to the CDFI Fund. Nonprofit 
entities and for-profit entities may be certified as CDEs by the CDFI 
Fund. In order to be certified as a CDE, an entity must be a domestic 
corporation or partnership, that: (1) Has a primary mission of serving 
or providing investment capital for low-income communities or low-
income persons; and (2) maintains accountability to residents of low-
income communities through their representation on any governing or 
advisory board of the entity.
    Current Actions: Renewal of Existing Information Collection.
    Type of Review: Regular Review.
    Affected Public: CDEs and entities seeking CDE certification, 
including business or other for-profit institutions, nonprofit 
entities, and State, local and Tribal entities.
    Estimated Number of Respondents: 300.
    Estimated Annual Time per Respondent: 4 hours.
    Estimated Total Annual Burden Hours: 1,200 hours.
    Requests 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 and may be 
published on the CDFI Fund Web site at https://

[[Page 43336]]

www.cdfifund.gov. Comments are invited on: (a) Whether the collection 
of information is necessary for the proper performance of the functions 
of the CDFI Fund, including whether the information shall have 
practical utility; (b) the accuracy of the CDFI Fund'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 technology; and (e) estimates 
of capital or start-up costs and costs of operation, maintenance, and 
purchase of services to provide information.

    Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 CFR 1.45D-1.

Mary Ann Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2016-15719 Filed 6-30-16; 8:45 am]
 BILLING CODE 4810-70-P

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