Proposed Allowance of Information Collection Request Submitted for Public Comment; Transitional Guidance Under Sections 162(f) and 6050X With Respect to Certain Fines, Penalties, and Other Amounts, 45834-45835 [2019-18826]
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45834
Federal Register / Vol. 84, No. 169 / Friday, August 30, 2019 / Notices
MDL vehicle manufacturers would still
conduct outreach that would satisfy the
ACRO’s requirements—and therefore
the monthly outreach under the ACRO
is not a marginal ‘‘burden’’ for those
vehicle manufacturers for which the
Agency must account in this collection.
To account for the progression of the
recalls since its last notice, NHTSA is
revising its previous estimates
associated with this part of the
collection. NHTSA continues to
estimate a yearly average of 19
manufacturers will be issuing monthly
supplemental communications over the
next three years pursuant to the ACRO
and the CCRs. Manufacturers may
satisfy the CCRs through third-party
vendors (which have been utilized by
many manufacturers), in-house
strategies, or some combination thereof.
NHTSA estimates the cost for
supplemental communications at $10.00
per VIN per month.
The volume of outreach required by
the ACRO and the CCRs (and the costs
associated with that outreach) is a
function of the number of unrepaired
vehicles that are in a launched
campaign and are not otherwise
accounted for as scrapped, stolen,
exported, or otherwise unreachable. The
schedule in Paragraph 35 of the ACRO
delineates the expected remedy
completion rate, by quarter, of vehicles
in a launched remedy campaign.
Utilizing these variables, we now
estimate an initial annualized cost over
the next three years of $1,018,882,470
per year, with an annualized discount of
$541,833,140 to account for outreach
conducted pursuant to the MDL
settlement agreements by seven vehicle
manufacturers, for a net annualized cost
of $477,049,330. NHTSA estimates that
manufacturers will take an average of 10
hours each month drafting or
customizing supplemental recall
communications utilizing nontraditional means, submitting them to
NHTSA for review, and finalizing them
to send to affected owners and
purchasers. NHTSA therefore estimates
that 2280 burden hours annually are
associated with issuing these
supplemental recall communications,
with an annualized discount of 840
hours to account for outreach conducted
pursuant to the MDL settlement
agreements by seven vehicle
manufacturers, for a net annualized
burden of 1440 hours.
Because of the forgoing burden
estimates, we are revising the burden
estimate associated with this collection.
The 49 CFR part 573 and 49 CFR part
577 requirements found in today’s
notice will require 66,004 hours each
year. NHTSA estimates the labor cost for
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compiling and submitting the required
information under 49 CFR parts 573 and
577 to be $33.98 per hour using the
Bureau of Labor’s mean hourly wage
estimate for technical writers in the
motor vehicle manufacturing industry
(Standard Occupational Classification #
27–3042).22 NHTSA thus estimates that
it will cost vehicle manufacturers
$2,242,815.92 in wage costs to comply
with the Part 573 and 577 requirements.
The Bureau of Labor Statistics estimates
that for private industry workers, wages
represent 70.1% of total
compensation.23 Therefore, the total
labor cost associated with the hourly
burden is estimated to be $3,199,453.
Accordingly, manufacturers impacted
by 49 CFR part 573 and 49 CFR part 577
requirements will incur a recurring
annual cost estimated at $92,334,913
total.
The burden estimate in this collection
contemplated for conducting
supplemental recall communications
under administrative order to achieve
completion of the Takata recalls is 1440
hours each year. That administrative
order contemplates impacted
manufacturers incurring an annual cost
estimated at $477,049,330. NHTSA also
estimates the labor cost for compiling
and submitting the required information
to be $35.28 per hour using the Bureau
of Labor’s mean hourly wage estimate
for Media and Communications Workers
in the motor vehicle manufacturing
industry (Standard Occupational
Classification #27–3000).24 Assuming
that 1440 hours per year would be
associated with issuing supplemental
recall communications, at an average
cost of $35.28 per hour, NHTSA
estimates vehicle manufacturers will
incur $50,803.20 (1440 hours × $35.28)
annually in wage costs. The Bureau of
Labor Statistics estimates that for
private industry workers, wages
represent 70.1% of total
compensation.25 Therefore, the total
labor cost associated with the hourly
22 National Industry-Specific Occupational
Employment and Wage Estimates NAICS 336100—
Motor Vehicle Manufacturing, May 2018, https://
www.bls.gov/oes/current/naics4_336100.htm#470000, last accessed August 26, 2019; US Office of
Management and Budget. Standard Occupation
Classification Manual, 2018.
23 Employer Costs for Employee Compensation–
March 2019, https://www.bls.gov/news.release/pdf/
ecec.pdf, last accessed August 26, 2019.
24 National Industry-Specific Occupational
Employment and Wage Estimates NAICS 336100—
Motor Vehicle Manufacturing, May 2018, https://
www.bls.gov/oes/current/naics4_336100.htm#470000, last accessed August 26, 2019; US Office of
Management and Budget. Standard Occupation
Classification Manual, 2018.
25 Employer Costs for Employee CompensationMarch 2019, https://www.bls.gov/news.release/pdf/
ecec.pdf, last accessed August 26, 2019.
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burden of supplemental recall
communications is estimated to be
$72,472.47.
Therefore, in total, we estimate the
burden associated with this collection to
be 67,444 hours each year, with a
recurring annual cost estimated at
$569,456,715.47.
Estimated Number of Respondents—
NHTSA estimates that there will be
approximately 249 manufacturers per
year filing defect or noncompliance
reports and completing the other
information collection responsibilities
associated with those filings. NHTSA
estimates there will be an average of 19
manufacturers each year conducting
supplemental nontraditional monthly
outreach pursuant to administrative
order in an enforcement action
associated with the Takata recalls.
Jeffrey Giuseppe,
Associate Administrator for Enforcement.
[FR Doc. 2019–18820 Filed 8–29–19; 8:45 am]18820
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Allowance of Information
Collection Request Submitted for
Public Comment; Transitional
Guidance Under Sections 162(f) and
6050X With Respect to Certain Fines,
Penalties, and Other Amounts
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
transitional guidance under sections
162(f) and 6050X with respect to certain
fines, penalties, and other amounts.
DATES: Written comments should be
received on or before October 29, 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,
SUMMARY:
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Federal Register / Vol. 84, No. 169 / Friday, August 30, 2019 / Notices
DC 20224, or through the internet, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Transitional Guidance Under
Sections 162(f) and 6050X with Respect
To Certain Fines, Penalties, and Other
Amounts.
OMB Number: 1545–2284.
Regulation Project Number: Notice
2018–23, Form 1098–F.
Abstract: The collection covers the
new information reporting requirements
under IRC 162(f) and new 6050X, which
was added by the Tax Cuts and Jobs Act
(TCJA).
Section 13306 of ‘‘An Act to provide
for reconciliation pursuant to titles II
and V of the concurrent resolution on
the budget for fiscal year 2018,’’ Public
Law 115–97 (the ‘‘Act’’), which was
signed into law on December 22, 2017,
amended section 162(f) of the Internal
Revenue Code (‘‘Code’’) and added new
section 6050X to the Code. The
Department of the Treasury (‘‘Treasury
Department’’) and the Internal Revenue
Service (‘‘IRS’’) intend to publish
proposed regulations under sections
162(f) and 6050X.
Current Actions: The Treasury
Department and the IRS intend to issue
proposed regulations amending and
adding sections to the Income Tax
Regulations with respect to sections
162(f) and 6050X. To assist in the
development of the proposed
regulations, the IRS is requesting
comments from the public and affected
governments and nongovernmental
entities, on any and all issues related to
Form 1098–F.
This submission is being made to
extend the current approval as required
in the Paperwork Reduction Act.
Type of Review: Extension of
currently approved collection.
Affected Public: Federal government,
State, Local, or Tribal Government.
Estimated Number of Respondents:
200.
Estimated Time per Respondent: 7
min.
Estimated Total Annual Burden
Hours: 24.
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
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16:43 Aug 29, 2019
Jkt 247001
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
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: August 27, 2019.
R. Joseph Durbala,
IRS, Tax Analyst.
[FR Doc. 2019–18826 Filed 8–29–19; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
United States Mint
Notification of Citizens Coinage
Advisory Committee Public Meeting
ACTION:
Notice.
The United States Mint announces the
Citizens Coinage Advisory Committee
(CCAC) public meeting scheduled for
September 18, 2019.
Date: September 18, 2019.
Time: 9:30 a.m. to 3:45 p.m.
Location: 2nd Floor Conference Room
A&B, United States Mint, 801 9th Street
NW, Washington, DC 20220.
Subject: Review and discussion of
candidate designs for the 2020
American Innovation $1 Coin Program;
and review and discussion of candidate
designs for Congressional Gold Medals
honoring Larry Doby, the USS
Indianapolis, and the Chinese-American
Veterans of WWII.
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Interested members of the public may
either attend the meeting in person or
dial in to listen to the meeting at (866)
564–9287/Access Code: 62956028.
Interested persons should call the
CCAC HOTLINE at (202) 354–7502 for
the latest update on meeting time and
room location.
Any member of the public interested
in submitting matters for the CCAC’s
consideration is invited to submit them
by email to info@ccac.gov.
The CCAC advises the Secretary of the
Treasury on any theme or design
proposals relating to circulating coinage,
bullion coinage, Congressional Gold
Medals, and national and other medals;
advises the Secretary of the Treasury
with regard to the events, persons, or
places to be commemorated by the
issuance of commemorative coins in
each of the five calendar years
succeeding the year in which a
commemorative coin designation is
made; and makes recommendations
with respect to the mintage level for any
commemorative coin recommended.
Members of the public interested in
attending the meeting in person will be
admitted into the meeting room on a
first-come, first-serve basis as space is
limited. Conference Room A&B can
accommodate up to 50 members of the
public at any one time. In addition, all
persons entering a United States Mint
facility must adhere to building security
protocol. This means they must consent
to the search of their persons and
objects in their possession while on
government grounds and when they
enter and leave the facility, and are
prohibited from bringing into the
facility weapons of any type, illegal
drugs, drug paraphernalia, or
contraband.
The United States Mint Police Officer
conducting the screening will evaluate
whether an item may enter into or exit
from a facility based upon Federal law,
Treasury policy, United States Mint
Policy, and local operating procedure;
and all prohibited and unauthorized
items will be subject to confiscation and
disposal.
FOR FURTHER INFORMATION CONTACT:
Jennifer Warren, United States Mint
Liaison to the CCAC; 801 9th Street NW;
Washington, DC 20220; or call 202–354–
7200.
Authority: 31 U.S.C. 5135(b)(8)(C).
Dated: August 27, 2019.
John Schorn,
Chief Counsel, United States Mint.
[FR Doc. 2019–18796 Filed 8–29–19; 8:45 am]
BILLING CODE P
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]]>Agencies
[Federal Register Volume 84, Number 169 (Friday, August 30, 2019)]
[Notices]
[Pages 45834-45835]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-18826]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Allowance of Information Collection Request Submitted
for Public Comment; Transitional Guidance Under Sections 162(f) and
6050X With Respect to Certain Fines, Penalties, and Other Amounts
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: 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 transitional guidance under sections 162(f) and 6050X with
respect to certain fines, penalties, and other amounts.
DATES: Written comments should be received on or before October 29,
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,
[[Page 45835]]
DC 20224, or through the internet, at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Transitional Guidance Under Sections 162(f) and 6050X with
Respect To Certain Fines, Penalties, and Other Amounts.
OMB Number: 1545-2284.
Regulation Project Number: Notice 2018-23, Form 1098-F.
Abstract: The collection covers the new information reporting
requirements under IRC 162(f) and new 6050X, which was added by the Tax
Cuts and Jobs Act (TCJA).
Section 13306 of ``An Act to provide for reconciliation pursuant to
titles II and V of the concurrent resolution on the budget for fiscal
year 2018,'' Public Law 115-97 (the ``Act''), which was signed into law
on December 22, 2017, amended section 162(f) of the Internal Revenue
Code (``Code'') and added new section 6050X to the Code. The Department
of the Treasury (``Treasury Department'') and the Internal Revenue
Service (``IRS'') intend to publish proposed regulations under sections
162(f) and 6050X.
Current Actions: The Treasury Department and the IRS intend to
issue proposed regulations amending and adding sections to the Income
Tax Regulations with respect to sections 162(f) and 6050X. To assist in
the development of the proposed regulations, the IRS is requesting
comments from the public and affected governments and nongovernmental
entities, on any and all issues related to Form 1098-F.
This submission is being made to extend the current approval as
required in the Paperwork Reduction Act.
Type of Review: Extension of currently approved collection.
Affected Public: Federal government, State, Local, or Tribal
Government.
Estimated Number of Respondents: 200.
Estimated Time per Respondent: 7 min.
Estimated Total Annual Burden Hours: 24.
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 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: August 27, 2019.
R. Joseph Durbala,
IRS, Tax Analyst.
[FR Doc. 2019-18826 Filed 8-29-19; 8:45 am]
BILLING CODE 4830-01-P
