Proposed Collection; Comment Request for Regulation Project, 49358 [2016-17760]
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49358
Federal Register / Vol. 81, No. 144 / Wednesday, July 27, 2016 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
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 this
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
Compensation Deferred Under Eligible
Deferred Compensation Plans.
DATES: Written comments should be
received on or before September 26,
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 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: Compensation Deferred Under
Eligible Deferred Compensation Plans.
OMB Number: 1545–1580.
Regulation Project Number: TD 9075.
Abstract: The Small Business Job
Protection Act of 1996 and the Taxpayer
Relief Act of 1997 made changes to rules
under Internal Revenue Code section
457 regarding eligible deferred
compensation plans offered by state and
local governments. TD 9075 requires
state and local governments to establish
a written trust, custodial account, or
annuity contract to hold the assets and
income in trust for the exclusive benefit
of its participants and beneficiaries.
Also, new non-bank custodians must
submit applications to the IRS to be
approved to serve as custodians of
section 457 plan assets.
Current Actions: There are no changes
being made to the regulation at this
time.
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SUMMARY:
VerDate Sep<11>2014
17:01 Jul 26, 2016
Jkt 238001
Type of Review: Extension of a
currently approved collection.
Affected Public: State, local or tribal
governments.
Estimated Number of Respondents:
10,260.
Estimated Time per Respondent: 1
hour 2 minutes.
Estimate Total Annual Burden Hours:
10,600.
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
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: July 21, 2016.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2016–17760 Filed 7–26–16; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Joint Committee
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of meeting.
AGENCY:
An open meeting of the
Taxpayer Advocacy Panel Joint
Committee will be conducted. The
Taxpayer Advocacy Panel is soliciting
public comments, ideas, and
suggestions on improving customer
service at the Internal Revenue Service.
DATES: The meetings will be held
August 16, 2016, August 17, 2016,
August 18, 2016 and August 19, 2016.
FOR FURTHER INFORMATION CONTACT: Kim
Vinci at 1–888–912–1227 or 916–974–
5086.
SUMMARY:
Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Taxpayer
Advocacy Panel Joint Committee will be
held Tuesday, August 16, 2016, from
10:30 a.m. to 12:30 p.m. and 2:30 p.m.
to 4:30 p.m. Eastern Standard Time via
teleconference; Wednesday, August 17,
2016, from 10:30 a.m. to 12:30 p.m. and
2:30.m. to 4:30 p.m. Eastern Standard
Time via teleconference; and Thursday,
August 18, 2016, from 10:30 a.m. to
12:30 p.m. and 2:30.m. to 4:30 p.m.
Eastern Standard Time via
teleconference and Friday, August 19,
2016, from 10:30 a.m. to 12:30 p.m.
Eastern Standard Time via
teleconference. The public is invited to
make oral comments or submit written
statements for consideration.
Notification of intent to participate must
be made with Kim Vinci. For more
information please contact: Kim Vinci at
1–888–912–1227 or 916–974–5086, TAP
Office, 4330 Watt Ave., Sacramento, CA
95821, or contact us at the Web site:
https://www.improveirs.org.
The agenda will include various
committee issues for submission to the
IRS and other TAP related topics. Public
input is welcomed.
SUPPLEMENTARY INFORMATION:
Dated: July 18, 2016.
Antoinette Ross,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2016–17764 Filed 7–26–16; 8:45 am]
BILLING CODE P
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[Federal Register Volume 81, Number 144 (Wednesday, July 27, 2016)]
[Notices]
[Page 49358]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-17760]
[[Page 49358]]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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 take this opportunity to comment
on this 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
Compensation Deferred Under Eligible Deferred Compensation Plans.
DATES: Written comments should be received on or before September 26,
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 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: Compensation Deferred Under Eligible Deferred Compensation
Plans.
OMB Number: 1545-1580.
Regulation Project Number: TD 9075.
Abstract: The Small Business Job Protection Act of 1996 and the
Taxpayer Relief Act of 1997 made changes to rules under Internal
Revenue Code section 457 regarding eligible deferred compensation plans
offered by state and local governments. TD 9075 requires state and
local governments to establish a written trust, custodial account, or
annuity contract to hold the assets and income in trust for the
exclusive benefit of its participants and beneficiaries. Also, new non-
bank custodians must submit applications to the IRS to be approved to
serve as custodians of section 457 plan assets.
Current Actions: There are no changes being made to the regulation
at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: State, local or tribal governments.
Estimated Number of Respondents: 10,260.
Estimated Time per Respondent: 1 hour 2 minutes.
Estimate Total Annual Burden Hours: 10,600.
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 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: July 21, 2016.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2016-17760 Filed 7-26-16; 8:45 am]
BILLING CODE 4830-01-P
