Proposed Collection of Information: Supporting Statement of Ownership for Overdue United States Bearer Securities, 16340-16341 [2019-07731]

Download as PDF jbell on DSK30RV082PROD with NOTICES 16340 Federal Register / Vol. 84, No. 75 / Thursday, April 18, 2019 / Notices Mail: Docket Management Facility: U.S. Department of Transportation, 1200 New Jersey Avenue SE, West Building, Ground Floor, Room W12–140, Washington, DC 20590–0001. Hand Delivery or Courier: West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE, between 9 a.m. and 5 p.m. Eastern time, Monday through Friday, except Federal holidays. Fax: 202–493–2251. Instructions: You must include the agency name (Federal Transit Administration) and Docket number (FTA–2019–0002) for this notice at the beginning of each submission of your comments. Submit two copies of your comments if you submit them by mail. For confirmation that FTA received your comments, include a selfaddressed stamped postcard. All comments received will be posted without change to www.regulations.gov including any personal information provided and will be available to internet users. You may review DOT’s complete Privacy Act Statement published in the Federal Register on April 11, 2000 (65 FR 19477) or https:// DocketsInfo.dot.gov. Docket: For access to the docket to read background documents and comments received, go to www.regulations.gov at any time or to the U.S. Department of Transportation, 1200 New Jersey Avenue SE, Docket Operations, M–30, West Building Ground Floor, Room W12–140, Washington, DC 20590 between 9:00 a.m. and 5:00 p.m. Eastern Standard Time, Monday through Friday, except Federal holidays. FOR FURTHER INFORMATION CONTACT: For policy guidance questions, Daniel Schned, Office of Budget and Policy, Federal Transit Administration, 1200 New Jersey Ave. SE, Room E52–314, Washington, DC 20590, phone: (202) 366–1652, or email, daniel.schned@ dot.gov. For legal questions, Kathryn Loster, Office of Chief Counsel, 200 West Adams Street, Suite 320, Chicago, IL 60606, phone: (312) 353–3869; or email: kathryn.loster@dot.gov. SUPPLEMENTARY INFORMATION: This notice provides a summary of the proposed changes to Circular 7050.1A. The Circular itself is not included in this notice; instead, an electronic version may be found on FTA’s website at www.transit.dot.gov, and in the docket at www.regulations.gov. Paper copies of the Circular may be obtained by contacting FTA’s Administrative Services Help Desk at (202) 366–4865. Table of Contents I. Overview VerDate Sep<11>2014 17:37 Apr 17, 2019 Jkt 247001 II. Proposed changes to Circular 7050.1A A. Fair Share of Revenue B. Submission and Review Process I. Overview The proposed changes to Circular 7050.1A regarding joint development affect: (1) The minimum threshold for the statutory ‘‘fair share of revenue’’ requirement; and (2) the submission and review process for FTA-assisted joint development projects. II. Proposed Changes to Circular 7050.1A A. Fair Share of Revenue Section 5302(3)(G)(iii) of title 49, United States Code, requires FTAassisted joint development projects to provide a ‘‘fair share of revenue that will be used for public transportation.’’ Prior to the October 1, 2014 effective date of Circular 7050.1A, FTA generally deferred to a project sponsor’s assessment of a ‘‘fair share’’ of revenue, and did not require any specific amount of revenue for transit from a joint development project. FTA defined ‘‘fair share of revenue’’ in Circular 7050.1A to incorporate a minimum threshold that a joint development project must produce revenue for transit purposes that at least equals the federal government’s initial investment in the joint development project. (79 FR 50,728; 50,731–32). Over time, FTA has found that defining a fair share of revenue minimum threshold unnecessarily limits the pool of potential projects by reducing flexibility for project sponsors and their partners to determine what amounts to a fair share of revenue. Accordingly, FTA proposes to no longer define a minimum revenue threshold, or set a monetary requirement from a joint development project for transit purposes. Although FTA proposes to allow the amount and form of revenue received by the project sponsor to be negotiated between the joint development parties, consistent with Circular 7050.1A, the project sponsor must continue to report to FTA the amount and source of the revenue it will receive, and the revenue must be used for transit purposes. B. Submission and Review Process Circular 7050.1A prescribes a process by which project proposals are submitted to FTA for review. Currently, formal project proposals must include: (1) A completed project request form that contains pertinent information about the joint development project, including how the eligibility criteria are to be satisfied, (2) all proposed agreements between the project sponsor and project partners, (3) an executed PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 certificate of compliance, and (4) two forms identifying other required and supplemental documentation, including a baseline market analysis to demonstrate a good faith effort to provide a fair share of revenue to the project sponsor. FTA proposes to update the project request form to reflect the changes described in Section (A) above. The revised project request form will be published on FTA’s website at www.transit.dot.gov/jointdevelopment. FTA has also determined that elimination of the fair share of revenue minimum threshold makes the submission of a baseline market analysis and certificate of compliance unnecessary. Accordingly, FTA proposes to no longer require project sponsors to submit either document. FTA encourages project sponsors to conduct baseline market analyses to better understand current market conditions and evaluate the viability of joint development projects. The proposed changes will streamline the review of FTA-assisted joint development projects by reducing the amount of paperwork that project sponsors must prepare and FTA must review. FTA recommends that interested stakeholders review the proposed changes to the Circular carefully and provide comment on any impacts these proposed changes may have on future joint development projects. K. Jane Williams, Acting Administrator. [FR Doc. 2019–07812 Filed 4–17–19; 8:45 am] BILLING CODE 4910–57–P DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Proposed Collection of Information: Supporting Statement of Ownership for Overdue United States Bearer Securities Notice and request for comments. ACTION: 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. Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the Supporting Statement of SUMMARY: E:\FR\FM\18APN1.SGM 18APN1 Federal Register / Vol. 84, No. 75 / Thursday, April 18, 2019 / Notices Ownership for Overdue United States Bearer Securities. DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests Written comments should be received on or before June 17, 2019 to be assured of consideration. DATES: Direct all written comments and requests for additional information to Bureau of the Fiscal Service, Bruce A. Sharp, Room #4006–A, P.O. Box 1328, Parkersburg, WV 26106–1328, or bruce.sharp@fiscal.treasury.gov. ADDRESSES: SUPPLEMENTARY INFORMATION: jbell on DSK30RV082PROD with NOTICES Title: Supporting Statement of Ownership for Overdue United States Bearer Securities. OMB Number: 1530–0045. Form Number: FS Form 1071. Abstract: The information is requested to establish ownership and support a request for payment. Current Actions: Extension of a currently approved collection. Type of Review: Regular. Affected Public: Households and Individuals or Private Sector. Estimated Number of Respondents: 10. Estimated Time per Respondent: 15 minutes. Estimated Total Annual Burden Hours: 3. 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: 1. 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; 2. the accuracy of the agency’s estimate of the burden of the collection of information; 3. ways to enhance the quality, utility, and clarity of the information to be collected; 4. 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 5. estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: April 12, 2019. Bruce A. Sharp, Bureau Clearance Officer. [FR Doc. 2019–07731 Filed 4–17–19; 8:45 am] BILLING CODE 4810–AS–P VerDate Sep<11>2014 17:37 Apr 17, 2019 Jkt 247001 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 May 20, 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: Statement by Person(s) Receiving Gambling Winnings. OMB Control Number: 1545–0239. Type of Review: Extension without change of a currently approved collection. Description: Section 3402(q)(6) of the IRC requires a statement by the person receiving certain gambling winnings when that person is not the winner or is one of a group of winners. It enables the payer to properly apportion the winnings and withheld tax on Form W– 2G. We use the information on Form W– 2G to ensure that recipients are properly reporting their income. Form: 5754. Affected Public: Businesses or other for profits. Estimated Number of Respondents: 204,000. PO 00000 Frm 00103 Fmt 4703 Sfmt 4703 16341 Frequency of Response: On occasion. Estimated Total Number of Annual Responses: 204,000. Estimated Time per Response: .2 hours per response. Estimated Total Annual Burden Hours: 40,800. Title: Form 4506–A—Request for Public Inspection or Copy of Exempt or Political Organization IRS Form. OMB Control Number: 1545–0495. Type of Review: Extension without change of a currently approved collection. Description: Internal Revenue Code section 6104 states that if an organization described in section 501(c) or (d) is exempt from taxation under section 50(a) for any taxable year, the application for exemption is open for public inspection. This includes all supporting documents, any letter or other documents issued by the IRS concerning the application, and certain annual returns of the organization. Form 4506–A is used to request public inspection or a copy of these documents. Form: 4506–A. Affected Public: State, Local, and Tribal Governments. Estimated Number of Respondents: 20,000. Frequency of Response: On occasion. Estimated Total Number of Annual Responses: 20,000. Estimated Time per Response: .97 hours per response. Estimated Total Annual Burden Hours: 19,400. Title: REG–130477–00; REG–130481– 00 (TD 8987—Final), Required Distributions From Retirement Plans. OMB Control Number: 1545–0996. Type of Review: Extension without change of a currently approved collection. Description: The regulations relate to the required minimum distribution from qualified plans, individual retirement plans, deferred compensation plans under section 457, and section 403(b) annuity contracts, custodial accounts, and retirement income accounts. Form: None. Affected Public: State, Local, and Tribal Governments. Estimated Number of Respondents: 42,000. Frequency of Response: Annually. Estimated Total Number of Annual Responses: 8,400. Estimated Time per Response: .2 hours per response. Estimated Total Annual Burden Hours: 8,400. Title: Reportable Transaction Disclosure Statement. OMB Control Number: 1545–1800. E:\FR\FM\18APN1.SGM 18APN1

Agencies

[Federal Register Volume 84, Number 75 (Thursday, April 18, 2019)]
[Notices]
[Pages 16340-16341]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07731]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Proposed Collection of Information: Supporting Statement of 
Ownership for Overdue United States Bearer Securities

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 proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995. Currently the Bureau of the Fiscal 
Service within the Department of the Treasury is soliciting comments 
concerning the Supporting Statement of

[[Page 16341]]

Ownership for Overdue United States Bearer Securities.

DATES: Written comments should be received on or before June 17, 2019 
to be assured of consideration.

ADDRESSES: Direct all written comments and requests for additional 
information to Bureau of the Fiscal Service, Bruce A. Sharp, Room 
#4006-A, P.O. Box 1328, Parkersburg, WV 26106-1328, or 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Supporting Statement of Ownership for Overdue United States 
Bearer Securities.
    OMB Number: 1530-0045.
    Form Number: FS Form 1071.
    Abstract: The information is requested to establish ownership and 
support a request for payment.
    Current Actions: Extension of a currently approved collection.
    Type of Review: Regular.
    Affected Public: Households and Individuals or Private Sector.
    Estimated Number of Respondents: 10.
    Estimated Time per Respondent: 15 minutes.
    Estimated Total Annual Burden Hours: 3.
    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: 1. 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; 2. the accuracy of the 
agency's estimate of the burden of the collection of information; 3. 
ways to enhance the quality, utility, and clarity of the information to 
be collected; 4. 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 5. 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

     Dated: April 12, 2019.
Bruce A. Sharp,
Bureau Clearance Officer.
[FR Doc. 2019-07731 Filed 4-17-19; 8:45 am]
 BILLING CODE 4810-AS-P
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