Agency Information Collection Activities; Submission for OMB Review; Comment Request; Prohibition on Funding of Unlawful internet Gambling, 65805-65806 [2018-27751]

Download as PDF Federal Register / Vol. 83, No. 245 / Friday, December 21, 2018 / Notices for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including using appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., by permitting electronic submissions of responses. Comments submitted in response to this notice will be summarized and/or included in the ICR for OMB approval of the extension of the information collection; they will also become a matter of public record. Approved: December 13, 2018. R. Joseph Durbala, IRS Tax Analyst. [FR Doc. 2018–27597 Filed 12–20–18; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Schedule E (F 1040) Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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 IRS is soliciting comments concerning Schedule E (Form 1040), Supplemental Income and Loss. amozie on DSK3GDR082PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 00:00 Dec 21, 2018 Jkt 247001 Written comments should be received on or before February 19, 2019 to be assured of consideration. ADDRESSES: Direct all written comments to Laurie Brimmer, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW, Washington, DC 20224. Requests for additional information or copies of the regulations should be directed to R. Joseph Durbala, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at RJoseph.Durbala@irs.gov. SUPPLEMENTARY INFORMATION: Title: Supplemental Income and Loss. OMB Number: 1545–1972. Form Number: Schedule E (Form 1040). Abstract: Schedule E (Form 1040) is used by individuals to report their Supplemental Income. The data is used to verify that the items reported on the form are correct and also for general statistical use. Current Actions: There is no change to the burden previously approved. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 570,000. Estimated Time per Respondent: 9 hrs., 56 min. Estimated Total Annual Burden Hours: 5,665,800. The following paragraph applies to all 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 if 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. Desired Focus of Comments: The Internal Revenue Service (IRS) is particularly interested in comments that: • Evaluate whether the proposed collection of information is necessary for the proper performance of the DATES: PO 00000 Frm 00184 Fmt 4703 Sfmt 4703 65805 functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including using appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., by permitting electronic submissions of responses. Comments submitted in response to this notice will be summarized and/or included in the ICR for OMB approval of the extension of the information collection; they will also become a matter of public record. Approved: December 13, 2018. R. Joseph Durbala, IRS Tax Analyst. [FR Doc. 2018–27598 Filed 12–20–18; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Prohibition on Funding of Unlawful internet Gambling Departmental Offices, U.S. Department of the Treasury. AGENCY: ACTION: Notice. The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests. SUMMARY: Comments should be received on or before January 22, 2019 to be assured of consideration. DATES: E:\FR\FM\21DEN1.SGM 21DEN1 65806 Federal Register / Vol. 83, No. 245 / Friday, December 21, 2018 / Notices Send comments regarding the burden estimate, or any other aspect of the information collection, 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 8100, Washington, DC 20220, or email at PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Jennifer Quintana by emailing PRA@treasury.gov, calling (202) 622–0489, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: amozie on DSK3GDR082PROD with NOTICES1 ADDRESSES: Treasury Departmental Offices (DO) Title: Prohibition on Funding of Unlawful internet Gambling. OMB Control Number: 1505–0204. Type of Review: Extension without change of a currently approved collection. Description: The Unlawful internet Gambling Enforcement Act of 2006 (Act) (enacted as Title VIII of the Security and Accountability For Every Port Act of 2006, Public Law 109–347, 120 Stat. 1884, and codified at 31 U.S.C. 5361– 5367) required the Secretary of the Treasury (Treasury) and the Board of Governors of the Federal Reserve System (Board), in consultation with the Attorney General, to prescribe regulations requiring designated payment systems and all participants therein to prevent or prohibit unlawful internet gambling transactions (referred to in the Act as ‘‘restricted transactions’’) through the establishment of reasonably designed policies and procedures. 31 U.S.C. 5364(a). To carry out the Act, the Treasury’s Departmental Offices and the Board, after consulting with the Justice Department, published a final rule on November 18, 2008 in the Federal Register (73 FR 69382) requiring designated payment systems and all participants therein (referred to collectively in the final rule as ‘‘participants in designated payment systems’’) to establish and implement written policies and procedures reasonably designed to prevent or prohibit restricted transactions. 31 CFR 132.5(a). Form: None. Affected Public: Businesses or other for-profits. VerDate Sep<11>2014 00:00 Dec 21, 2018 Jkt 247001 Estimated Number of Respondents: 6,038. Frequency of Response: Annually. Estimated Total Number of Annual Responses: 6,038. Estimated Time per Response: 100 hours for each new institution, 8 hours to maintain existing policies and procedures. Estimated Total Annual Burden Hours: 48,580. Authority: 44 U.S.C. 3501 et seq. Dated: December 18, 2018. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2018–27751 Filed 12–20–18; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. AGENCY: The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests. DATES: Comments should be received on or before January 22, 2019 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 (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 8142, Washington, DC 20220, or email at PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Jennifer Quintana by emailing PRA@treasury.gov, calling (202) 622–0489, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: SUMMARY: Internal Revenue Service (IRS) Title: Life Insurance Statement. PO 00000 Frm 00185 Fmt 4703 Sfmt 4703 OMB Control Number: 1545–0022. Type of Review: Extension without change of a currently approved collection. Description: Form 712 is used to establish the value of life insurance policies for estate and gift tax purposes. The tax is based on the value of these policies. The form is completed by life insurance companies. Form: 712. Affected Public: Businesses or other for-profits. Estimated Number of Respondents: 60,000. Frequency of Response: On occasion. Estimated Total Number of Annual Responses: 60,000. Estimated Time per Response: 18.67 hours per response. Estimated Total Annual Burden Hours: 1,120,200. Title: Employer’s Quarterly Federal Tax Return. OMB Control Number: 1545–0029. Type of Review: Extension without change of a currently approved collection. Description: Form 941 is used by employers to report payments made to employees subject to income and social security/Medicare taxes and the amounts of these taxes. Form 941–PR is used by employers in Puerto Rico to report social security and Medicare taxes only. Form 941–SS is used by employers in the U.S. possessions to report social security and Medicare taxes only. Schedule B is used by employers to record their employment tax liability. The Form 8974 was developed to determine the portion of the elected amount that can be claimed for the quarter on the Form 941. Form: 941, 941 Sch B, 941 Scd D, 941 PRR, 941–PR Sch B, 941–X, 941–X PR, 941V. 941 PR V, 941 SS/V, 941 SS, 941 Sch R, 8974. Affected Public: Businesses or other for-profits. Estimated Number of Respondents: 38,861,546. Frequency of Response: Quarterly. Estimated Total Number of Annual Responses: 38,861,546. Estimated Time per Response: 10.3 hours per response. Estimated Total Annual Burden Hours: 402,024,858. Title: Return of Organization Exempt From Income Tax Under Section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code. OMB Control Number: 1545–0047. Type of Review: Revision of a currently approved collection. Description: These forms and schedules are needed to determine that E:\FR\FM\21DEN1.SGM 21DEN1

Agencies

[Federal Register Volume 83, Number 245 (Friday, December 21, 2018)]
[Notices]
[Pages 65805-65806]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-27751]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Prohibition on Funding of Unlawful internet 
Gambling

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before January 22, 2019 to be 
assured of consideration.

[[Page 65806]]


ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, 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 8100, Washington, 
DC 20220, or email at PRA@treasury.gov.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Jennifer Quintana by emailing PRA@treasury.gov, calling 
(202) 622-0489, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Treasury Departmental Offices (DO)

    Title: Prohibition on Funding of Unlawful internet Gambling.
    OMB Control Number: 1505-0204.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: The Unlawful internet Gambling Enforcement Act of 2006 
(Act) (enacted as Title VIII of the Security and Accountability For 
Every Port Act of 2006, Public Law 109-347, 120 Stat. 1884, and 
codified at 31 U.S.C. 5361-5367) required the Secretary of the Treasury 
(Treasury) and the Board of Governors of the Federal Reserve System 
(Board), in consultation with the Attorney General, to prescribe 
regulations requiring designated payment systems and all participants 
therein to prevent or prohibit unlawful internet gambling transactions 
(referred to in the Act as ``restricted transactions'') through the 
establishment of reasonably designed policies and procedures. 31 U.S.C. 
5364(a).
    To carry out the Act, the Treasury's Departmental Offices and the 
Board, after consulting with the Justice Department, published a final 
rule on November 18, 2008 in the Federal Register (73 FR 69382) 
requiring designated payment systems and all participants therein 
(referred to collectively in the final rule as ``participants in 
designated payment systems'') to establish and implement written 
policies and procedures reasonably designed to prevent or prohibit 
restricted transactions. 31 CFR 132.5(a).
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 6,038.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 6,038.
    Estimated Time per Response: 100 hours for each new institution, 8 
hours to maintain existing policies and procedures.
    Estimated Total Annual Burden Hours: 48,580.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: December 18, 2018.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2018-27751 Filed 12-20-18; 8:45 am]
BILLING CODE 4810-25-P