Prompt Payment Interest Rate; Contract Disputes Act, 44088-44089 [2016-16121]

Download as PDF 44088 Federal Register / Vol. 81, No. 129 / Wednesday, July 6, 2016 / Notices Issued in Washington, DC, on June 29, 2016. Ronda L. Thompson, FAA Information Collection Clearance Officer, Performance, Policy, and Records Management Branch, ASP–110. Notice is hereby given that FHWA has taken final agency actions subject to 23 U.S.C. 139(l)(1) by issuing licenses, permits, and approvals for the following project in the State of Virginia: Interstate 66 [FR Doc. 2016–15991 Filed 7–5–16; 8:45 am] Outside the Beltway Project. The project BILLING CODE 4910–13–P would involve improvements to Interstate 66 between Interstate 495 and U.S. Route 15. The actions taken by DEPARTMENT OF TRANSPORTATION FHWA, and the laws under which such actions were taken, are described in the Federal Highway Administration Tier 1 Final Environmental Impact Notice of Final Federal Agency Actions Statement and Tier 1 Record of Decision on the Interstate 66 Outside the that was issued on November 20, 2013, Beltway Project in Virginia the Tier 2 Final Environmental Assessment dated June 21, 2016, and AGENCY: Federal Highway the Tier 2 Finding of No Significant Administration (FHWA), DOT. Impact that was issued on June 22, ACTION: Notice of limitation on claims 2016. These documents and other for judicial review of actions by FHWA. project records are available on the project Web site at https:// SUMMARY: This notice announces actions outside.transform66.org, and are also taken by the FHWA that are final within available by contacting FHWA or the the meaning of 23 U.S.C. 139(l)(1). The Virginia Department of Transportation actions relate to the Interstate 66 at the phone numbers and addresses Outside the Beltway project in Fairfax provided above. and Prince William Counties, Virginia. Those actions grant licenses, permits, This notice applies to all Federal and approvals for the project. agency decisions as of the issuance date of this notice and all laws under which DATES: By this notice, the FHWA is such actions were taken, including but advising the public of final agency not limited to: actions subject to 23 U.S.C. 139(l)(1). A claim seeking judicial review of the 1. General: National Environmental Federal agency actions on the project Policy Act (NEPA) [42 U.S.C. 4321– will be barred unless the claim is filed 4351]; Federal-Aid Highway Act on or before December 5, 2016. (FAHA) [23 U.S.C. 109 and 23 U.S.C. Notwithstanding any other provision of 128]. law, a claim arising under Federal law 2. Air: Clean Air Act [42 U.S.C. 7401– seeking judicial review of a permit, 7671(q)]. license, or approval issued by a Federal agency for a highway or public 3. Land: Section 4(f) of the transportation capital project shall be Department of Transportation Act of barred unless it is filed within 150 days 1966 [23 U.S.C. 138 and 49 U.S.C. 303]. after publication of a notice in the 4. Historic and Cultural Resources: Federal Register announcing that the Section 106 of the National Historic permit, license, or approval is final Preservation Act of 1966, as amended pursuant to the law under which the [16 U.S.C. 470(f) et seq.]. agency action is taken, unless a shorter 5. Social and Economic: Farmland time is specified in the Federal law Protection Policy Act [7 U.S.C. 4201– pursuant to which judicial review is 4209]. allowed. ehiers on DSK5VPTVN1PROD with NOTICES FOR FURTHER INFORMATION CONTACT: SUPPLEMENTARY INFORMATION: Mr. John Simkins, Planning and Environment Team Leader, Federal Highway Administration, 400 North 8th Street, Richmond, Virginia, 23219; telephone: (804) 775–3347; email: John.Simkins@dot.gov. The FHWA Virginia Division Office’s normal business hours are 7:00 a.m. to 5:00 p.m. (Eastern Time). For the Virginia Department of Transportation: Mr. John Muse, 4975 Alliance Drive, Fairfax, VA 22030; email: John.Muse@ vdot.virginia.gov; telephone: (703) 259– 1215. VerDate Sep<11>2014 15:04 Jul 05, 2016 Jkt 238001 (Catalog of Federal Domestic Assistance Program Number 20.205, Highway Planning and Construction. The regulations implementing Executive Order 12372 regarding intergovernmental consultation on Federal programs and activities apply to this program.) Authority: 23 U.S.C 139(l)(1) . Issued On: June 28, 2016. John Simkins, Planning and Environment Team Leader. [FR Doc. 2016–15950 Filed 7–5–16; 8:45 am] BILLING CODE 4910–RY–P PO 00000 Frm 00103 Fmt 4703 Sfmt 4703 DEPARTMENT OF TRANSPORTATION Office of the Secretary Application of Public Charters, Inc. for Commuter Authority Department of Transportation. Notice of Order to Show Cause (Order 2016–6–14), Docket DOT–OST– 2015–0234. AGENCY: ACTION: The Department of Transportation is directing all interested persons to show cause why it should not issue an order tentatively finding Public Charters, Inc., fit, willing, and able to provide scheduled passenger service as a commuter air carrier using small aircraft pursuant to Part 135 of the Federal Aviation Regulations. DATES: Persons wishing to file objections should do so no later than July 11, 2016. ADDRESSES: Objections and answers to objections should be filed in Docket DOT–OST–2015–0234 and addressed to U.S. Department of Transportation, Docket Operations, (M–30, Room W12– 140), 1200 New Jersey Avenue SE., West Building Ground Floor, Washington, DC 20590, and should be served upon the parties listed in Attachment A to the order. SUMMARY: FOR FURTHER INFORMATION CONTACT: Catherine J. O’Toole, Air Carrier Fitness Division (X–56, Room W86–489), U.S. Department of Transportation, 1200 New Jersey Avenue SE., Washington, DC 20590, (202) 366–9721. Dated: June 27, 2016. Jenny T. Rosenberg, Acting Assistant Secretary for Aviation and International Affairs. [FR Doc. 2016–15948 Filed 7–5–16; 8:45 am] BILLING CODE 4910–9X–P DEPARTMENT OF THE TREASURY Fiscal Service Prompt Payment Interest Rate; Contract Disputes Act Bureau of the Fiscal Service, Treasury. ACTION: Notice. AGENCY: For the period beginning July 1, 2016, and ending on December 31, 2016, the prompt payment interest rate is 17⁄8 per centum per annum. ADDRESSES: Comments or inquiries may be mailed to: E-Commerce Division, Bureau of the Fiscal Service, 401 14th Street SW., Room 306F, Washington, DC 20227. Comments or inquiries may also SUMMARY: E:\FR\FM\06JYN1.SGM 06JYN1 Federal Register / Vol. 81, No. 129 / Wednesday, July 6, 2016 / Notices be emailed to PromptPayment@ fiscal.treasury.gov. Effective July 1, 2016, to December 31, 2016. DATES: FOR FURTHER INFORMATION CONTACT: Thomas M. Burnum, E-Commerce Division, (202) 874–6430; or Thomas Kearns, Attorney-Advisor, Office of the Chief Counsel, (202) 874–7036. SUPPLEMENTARY INFORMATION: An agency that has acquired property or service from a business concern and has failed to pay for the complete delivery of property or service by the required payment date shall pay the business concern an interest penalty. 31 U.S.C. 3902(a). The Contract Disputes Act of 1978, Sec. 12, Public Law 95–563, 92 Stat. 2389, and the Prompt Payment Act, 31 U.S.C. 3902(a), provide for the calculation of interest due on claims at the rate established by the Secretary of the Treasury. The Secretary of the Treasury has the authority to specify the rate by which the interest shall be computed for interest payments under section 12 of the Contract Disputes Act of 1978 and under the Prompt Payment Act. Under the Prompt Payment Act, if an interest penalty is owed to a business concern, the penalty shall be paid regardless of whether the business concern requested payment of such penalty. 31 U.S.C. 3902(c)(1). Agencies must pay the interest penalty calculated with the interest rate, which is in effect at the time the agency accrues the obligation to pay a late payment interest penalty. 31 U.S.C. 3902(a). ‘‘The interest penalty shall be paid for the period beginning on the day after the required payment date and ending on the date on which payment is made.’’ 31 U.S.C. 3902(b). Therefore, notice is given that the Secretary of the Treasury has determined that the rate of interest applicable for the period beginning July 1, 2016, and ending on December 31, 2016, is 17⁄8 per centum per annum. David A. Lebryk, Fiscal Assistant Secretary. [FR Doc. 2016–16121 Filed 7–1–16; 4:15 pm] BILLING CODE 4810–AS–P DEPARTMENT OF THE TREASURY ehiers on DSK5VPTVN1PROD with NOTICES Internal Revenue Service Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: VerDate Sep<11>2014 15:04 Jul 05, 2016 Jkt 238001 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 take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Regulations Governing Practice Before the Internal Revenue Service. DATES: Written comments should be received on or before September 6, 2016 to be assured of consideration. ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulation should be directed to LaNita Van Dyke, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at Lanita.VanDyke@irs.gov. SUPPLEMENTARY INFORMATION: Title: Regulations Governing Practice Before the Internal Revenue Service. OMB Number: 1545–1871. Regulation Project Number: REG– 122379–02 (TD 9165). Abstract: These regulations will ensure that taxpayers are provided adequate information regarding the limits of tax shelter advice that they receive, and also ensure that practitioners properly advise taxpayers of relevant information with respect to tax shelter options. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations, and individuals or households. Estimated Number of Respondents: 100,000. Estimated Time per Respondent: 8 minutes. Estimated Total Annual Burden Hours: 13,333. 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 SUMMARY: PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 44089 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. Approved: June 28, 2016. Tuawana Pinkston, IRS Reports Clearance Officer. [FR Doc. 2016–15894 Filed 7–5–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1099–OID Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: 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 take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 1099–OID, Original Issue Discount. DATES: Written comments should be received on or before September 6, 2016 to be assured of consideration. ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or SUMMARY: E:\FR\FM\06JYN1.SGM 06JYN1

Agencies

[Federal Register Volume 81, Number 129 (Wednesday, July 6, 2016)]
[Notices]
[Pages 44088-44089]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16121]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Prompt Payment Interest Rate; Contract Disputes Act

AGENCY: Bureau of the Fiscal Service, Treasury.

ACTION: Notice.

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

SUMMARY: For the period beginning July 1, 2016, and ending on December 
31, 2016, the prompt payment interest rate is 1\7/8\ per centum per 
annum.

ADDRESSES: Comments or inquiries may be mailed to: E-Commerce Division, 
Bureau of the Fiscal Service, 401 14th Street SW., Room 306F, 
Washington, DC 20227. Comments or inquiries may also

[[Page 44089]]

be emailed to PromptPayment@fiscal.treasury.gov.

DATES: Effective July 1, 2016, to December 31, 2016.

FOR FURTHER INFORMATION CONTACT: Thomas M. Burnum, E-Commerce Division, 
(202) 874-6430; or Thomas Kearns, Attorney-Advisor, Office of the Chief 
Counsel, (202) 874-7036.

SUPPLEMENTARY INFORMATION: An agency that has acquired property or 
service from a business concern and has failed to pay for the complete 
delivery of property or service by the required payment date shall pay 
the business concern an interest penalty. 31 U.S.C. 3902(a). The 
Contract Disputes Act of 1978, Sec. 12, Public Law 95-563, 92 Stat. 
2389, and the Prompt Payment Act, 31 U.S.C. 3902(a), provide for the 
calculation of interest due on claims at the rate established by the 
Secretary of the Treasury.
    The Secretary of the Treasury has the authority to specify the rate 
by which the interest shall be computed for interest payments under 
section 12 of the Contract Disputes Act of 1978 and under the Prompt 
Payment Act. Under the Prompt Payment Act, if an interest penalty is 
owed to a business concern, the penalty shall be paid regardless of 
whether the business concern requested payment of such penalty. 31 
U.S.C. 3902(c)(1). Agencies must pay the interest penalty calculated 
with the interest rate, which is in effect at the time the agency 
accrues the obligation to pay a late payment interest penalty. 31 
U.S.C. 3902(a). ``The interest penalty shall be paid for the period 
beginning on the day after the required payment date and ending on the 
date on which payment is made.'' 31 U.S.C. 3902(b).
    Therefore, notice is given that the Secretary of the Treasury has 
determined that the rate of interest applicable for the period 
beginning July 1, 2016, and ending on December 31, 2016, is 1\7/8\ per 
centum per annum.

David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2016-16121 Filed 7-1-16; 4:15 pm]
 BILLING CODE 4810-AS-P

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