Multiemployer Pension Plan Application To Reduce Benefits., 50599-50600 [2016-18175]

Download as PDF Federal Register / Vol. 81, No. 147 / Monday, August 1, 2016 / Notices criteria given in § 388.4 of MARAD’s regulations at 46 CFR part 388. Privacy Act Anyone is able to search the electronic form of all comments received into any of our dockets by the name of the individual submitting the comment (or signing the comment, if submitted on behalf of an association, business, labor union, etc.). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (65 FR 19477). By Order of the Maritime Administrator. Dated: July 19, 2016. T. Mitchell Hudson, Jr., Secretary, Maritime Administration. [FR Doc. 2016–18105 Filed 7–29–16; 8:45 am] BILLING CODE 4910–81–P DEPARTMENT OF TRANSPORTATION Maritime Administration [Docket No. MARAD–2016–0076] Requested Administrative Waiver of the Coastwise Trade Laws: Vessel MERLOT; Invitation for Public Comments Maritime Administration, Department of Transportation. ACTION: Notice. AGENCY: As authorized by 46 U.S.C. 12121, the Secretary of Transportation, as represented by the Maritime Administration (MARAD), is authorized to grant waivers of the U.S.-build requirement of the coastwise laws under certain circumstances. A request for such a waiver has been received by MARAD. The vessel, and a brief description of the proposed service, is listed below. DATES: Submit comments on or before August 31, 2016. ADDRESSES: Comments should refer to docket number MARAD–2016–0076. Written comments may be submitted by hand or by mail to the Docket Clerk, U.S. Department of Transportation, Docket Operations, M–30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., Washington, DC 20590. You may also send comments electronically via the Internet at https://www.regulations.gov. All comments will become part of this docket and will be available for inspection and copying at the above address between 10 a.m. and 5 p.m., E.T., Monday through Friday, except federal holidays. An electronic version of this document and all documents sradovich on DSK3GMQ082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 20:16 Jul 29, 2016 Jkt 238001 50599 entered into this docket is available on the World Wide Web at https:// www.regulations.gov. DEPARTMENT OF THE TREASURY FOR FURTHER INFORMATION CONTACT: Open Meeting of the Taxpayer Advocacy Panel Taxpayer Communications Project Committee; Correction Bianca Carr, U.S. Department of Transportation, Maritime Administration, 1200 New Jersey Avenue SE., Room W23–453, Washington, DC 20590. Telephone 202– 366–9309, Email Bianca.carr@dot.gov. SUPPLEMENTARY INFORMATION: As described by the applicant the intended service of the vessel MERLOT is: Intended Commercial Use of Vessel: ‘‘Yacht Charter Services and Multihull Sailing Instruction’’. Geographic Region: ‘‘CALIFORNIA’’. The complete application is given in DOT docket MARAD–2016–0076 at https://www.regulations.gov. Interested parties may comment on the effect this action may have on U.S. vessel builders or businesses in the U.S. that use U.S.flag vessels. If MARAD determines, in accordance with 46 U.S.C. 12121 and MARAD’s regulations at 46 CFR part 388, that the issuance of the waiver will have an unduly adverse effect on a U.S.vessel builder or a business that uses U.S.-flag vessels in that business, a waiver will not be granted. Comments should refer to the docket number of this notice and the vessel name in order for MARAD to properly consider the comments. Comments should also state the commenter’s interest in the waiver application, and address the waiver criteria given in § 388.4 of MARAD’s regulations at 46 CFR part 388. Privacy Act Anyone is able to search the electronic form of all comments received into any of our dockets by the name of the individual submitting the comment (or signing the comment, if submitted on behalf of an association, business, labor union, etc.). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (65 FR 19477). By Order of the Maritime Administrator. Dated: July 26, 2016. T. Mitchell Hudson, Jr., Secretary, Maritime Administration. [FR Doc. 2016–18104 Filed 7–29–16; 8:45 am] BILLING CODE 4910–81–P PO 00000 Internal Revenue Service Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting; correction. AGENCY: In the Federal Register notice that was originally published on July 8, 2016, (81 FR 44686) the meeting date was August 18, 2016 at 2:00 p.m. Eastern Time. The new meeting date is Thursday, August 25, 2016 at 2:00 p.m. DATES: The meeting will be held Thursday, August 25, 2016. FOR FURTHER INFORMATION CONTACT: Antoinette Ross at 1–888–912–1227 or (202) 317–4110. SUPPLEMENTARY INFORMATION: 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 Taxpayer Communications Project Committee will be held Thursday, August 25, 2016, at 2:00 p.m. Eastern Time via teleconference. The public is invited to make oral comments or submit written statements for consideration. Due to limited conference lines, notification of intent to participate must be made with Antoinette Ross. For more information please contact: Antoinette Ross at 1– 888–912–1227 or (202) 317–4110, or write TAP Office, 1111 Constitution Avenue NW., Room 1509–National Office, Washington, DC 20224, or contact us at the Web site: https:// www.improveirs.org. The committee will be discussing various issues related to Taxpayer Communications and public input is welcome. SUMMARY: Dated: July 26, 2016. Otis Simpson, Acting Director, Taxpayer Advocacy Panel. [FR Doc. 2016–18118 Filed 7–29–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Multiemployer Pension Plan Application To Reduce Benefits. Department of the Treasury. Notice of availability; Request for comments. AGENCY: ACTION: The Board of Trustees of the Bricklayers & Allied Craftsmen Local No. 7 Pension Plan (Bricklayers Local 7 SUMMARY: Frm 00140 Fmt 4703 Sfmt 4703 E:\FR\FM\01AUN1.SGM 01AUN1 sradovich on DSK3GMQ082PROD with NOTICES 50600 Federal Register / Vol. 81, No. 147 / Monday, August 1, 2016 / Notices Pension Plan), a multiemployer pension plan, has submitted an application to Treasury to reduce benefits under the plan in accordance with the Multiemployer Pension Reform Act of 2014 (MPRA). The purpose of this notice is to announce that the application submitted by the Board of Trustees of the Bricklayers Local 7 Pension Plan has been published on the Web site of the Department of the Treasury (Treasury), and to request public comments on the application from interested parties, including contributing employers, employee organizations, and participants and beneficiaries of the Bricklayers Local 7 Pension Plan. DATE: Comments must be received by September 15, 2016. ADDRESSES: You may submit comments electronically through the Federal eRulemaking Portal at https:// www.regulations.gov, in accordance with the instructions on that site. Electronic submissions through www.regulations.gov are encouraged. Comments may also be mailed to the Department of the Treasury, MPRA Office, 1500 Pennsylvania Avenue NW., Room 1224, Washington, DC 20220. Attn: Eric Berger. Comments sent via facsimile and email will not be accepted. Additional Instructions. All comments received, including attachments and other supporting materials, will be made available to the public. Do not include any personally identifiable information (such as Social Security number, name, address, or other contact information) or any other information in your comment or supporting materials that you do not want publicly disclosed. Treasury will make comments available for public inspection and copying on www.regulations.gov or upon request. Comments posted on the Internet can be retrieved by most Internet search engines. FOR FURTHER INFORMATION CONTACT: For information regarding the application from the Board of Trustees of the Bricklayers Local 7 Pension Plan, please contact Treasury at (202) 622–1534 (not a toll-free number). SUPPLEMENTARY INFORMATION: The Multiemployer Pension Reform Act of 2014 (MPRA) amended the Internal Revenue Code to permit a multiemployer plan that is projected to have insufficient funds to reduce pension benefits payable to participants and beneficiaries if certain conditions are satisfied. In order to reduce benefits, the plan sponsor is required to submit an application to the Secretary of the VerDate Sep<11>2014 20:16 Jul 29, 2016 Jkt 238001 Treasury, which Treasury, in consultation with the Pension Benefit Guaranty Corporation (PBGC) and the Department of Labor, is required to approve or deny. On June 28, 2016, the Board of Trustees of the Bricklayers Local 7 Pension Plan submitted an application for approval to reduce benefits under the plan. As required by MPRA, that application has been published on Treasury’s Web site at https:// auth.treasury.gov/services/Pages/PlanApplications.aspx. Treasury is publishing this notice in the Federal Register, in consultation with PBGC and the Department of Labor, to solicit public comments on all aspects of the Bricklayers Local 7 Pension Plan application. Comments are requested from interested parties, including contributing employers, employee organizations, and participants and beneficiaries of the Bricklayers Local 7 Pension Plan. Consideration will be given to any comments that are timely received by Treasury. Dated: July 22, 2016. David R. Pearl, Executive Secretary, Department of the Treasury. [FR Doc. 2016–18175 Filed 7–28–16; 4:15 pm] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Proposed Collection; Comment Request Departmental Offices, 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 comment on this continuing information collection, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). SUMMARY: Written comments should be received on or before September 30, 2016 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to the Department of the Treasury, Office of the Fiscal Assistant Secretary, ATTN: Sustanchia Gladden, 1500 Pennsylvania Avenue NW., Room 1050, Washington, DC 20020 or to Sustanchia.Gladden@ treasury.gov. DATES: PO 00000 Frm 00141 Fmt 4703 Sfmt 9990 FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to the Department of the Treasury, Office of the Fiscal Assistant Secretary, ATTN: Sustanchia Gladden, 1500 Pennsylvania Avenue NW., Room 1050, Washington, DC 20020 or to Sustanchia.Gladden@ treasury.gov. SUPPLEMENTARY INFORMATION: OMB Control Number: 1505–0221. Title: Annual Performance Report and Certification for Section 1603: Payments for Specified Renewable Energy Property in Lieu of Tax Credits. Abstract: The purpose of the 1603 payment is to reimburse eligible applicants for a portion of the cost of installing specified energy property used in a trade or business or for the production of income. A 1603 payment is made after the energy property is placed in service. Applicants for Section 1603 payments commit in the terms and conditions that are part of the Treasury program application to submitting an annual report for five years from the date the energy property is placed in service. Type of Review: Extension of a currently approved collection. Affected Public: State, local, or tribal governments. Estimated Number of Respondents: 150,000. Estimated Hours per Response: 0.25. Estimated Total Annual Burden Hours: 37,500. Request for Comments: Comments submitted in response to this notice will be summarized and included in the request for Office of Management and Budget approval. Comments may become a matter of public record. The public is invited to submit comments concerning: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will 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 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. Dated: July 26, 2016. Brenda Simms, Treasury PRA Clearance Officer. [FR Doc. 2016–18049 Filed 7–29–16; 8:45 am] BILLING CODE 4810–25–P E:\FR\FM\01AUN1.SGM 01AUN1

Agencies

[Federal Register Volume 81, Number 147 (Monday, August 1, 2016)]
[Notices]
[Pages 50599-50600]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18175]


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DEPARTMENT OF THE TREASURY


Multiemployer Pension Plan Application To Reduce Benefits.

AGENCY: Department of the Treasury.

ACTION: Notice of availability; Request for comments.

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

SUMMARY: The Board of Trustees of the Bricklayers & Allied Craftsmen 
Local No. 7 Pension Plan (Bricklayers Local 7

[[Page 50600]]

Pension Plan), a multiemployer pension plan, has submitted an 
application to Treasury to reduce benefits under the plan in accordance 
with the Multiemployer Pension Reform Act of 2014 (MPRA). The purpose 
of this notice is to announce that the application submitted by the 
Board of Trustees of the Bricklayers Local 7 Pension Plan has been 
published on the Web site of the Department of the Treasury (Treasury), 
and to request public comments on the application from interested 
parties, including contributing employers, employee organizations, and 
participants and beneficiaries of the Bricklayers Local 7 Pension Plan.

DATE:  Comments must be received by September 15, 2016.

ADDRESSES: You may submit comments electronically through the Federal 
eRulemaking Portal at https://www.regulations.gov, in accordance with 
the instructions on that site. Electronic submissions through 
www.regulations.gov are encouraged.
    Comments may also be mailed to the Department of the Treasury, MPRA 
Office, 1500 Pennsylvania Avenue NW., Room 1224, Washington, DC 20220. 
Attn: Eric Berger. Comments sent via facsimile and email will not be 
accepted.
    Additional Instructions. All comments received, including 
attachments and other supporting materials, will be made available to 
the public. Do not include any personally identifiable information 
(such as Social Security number, name, address, or other contact 
information) or any other information in your comment or supporting 
materials that you do not want publicly disclosed. Treasury will make 
comments available for public inspection and copying on 
www.regulations.gov or upon request. Comments posted on the Internet 
can be retrieved by most Internet search engines.

FOR FURTHER INFORMATION CONTACT: For information regarding the 
application from the Board of Trustees of the Bricklayers Local 7 
Pension Plan, please contact Treasury at (202) 622-1534 (not a toll-
free number).

SUPPLEMENTARY INFORMATION: The Multiemployer Pension Reform Act of 2014 
(MPRA) amended the Internal Revenue Code to permit a multiemployer plan 
that is projected to have insufficient funds to reduce pension benefits 
payable to participants and beneficiaries if certain conditions are 
satisfied. In order to reduce benefits, the plan sponsor is required to 
submit an application to the Secretary of the Treasury, which Treasury, 
in consultation with the Pension Benefit Guaranty Corporation (PBGC) 
and the Department of Labor, is required to approve or deny.
    On June 28, 2016, the Board of Trustees of the Bricklayers Local 7 
Pension Plan submitted an application for approval to reduce benefits 
under the plan. As required by MPRA, that application has been 
published on Treasury's Web site at https://auth.treasury.gov/services/Pages/Plan-Applications.aspx. Treasury is publishing this notice in the 
Federal Register, in consultation with PBGC and the Department of 
Labor, to solicit public comments on all aspects of the Bricklayers 
Local 7 Pension Plan application.
    Comments are requested from interested parties, including 
contributing employers, employee organizations, and participants and 
beneficiaries of the Bricklayers Local 7 Pension Plan. Consideration 
will be given to any comments that are timely received by Treasury.

    Dated: July 22, 2016.
David R. Pearl,
Executive Secretary, Department of the Treasury.
[FR Doc. 2016-18175 Filed 7-28-16; 4:15 pm]
 BILLING CODE 4810-25-P
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