Proposed Collection; Comment Request for Form Project, 55690-55691 [2019-22575]

Download as PDF 55690 Federal Register / Vol. 84, No. 201 / Thursday, October 17, 2019 / Notices (currently $1 million and $500,000, respectively)? If so, what would be appropriate maximum original amounts for each type of loan? b. Should the agencies continue to require loan stratification by original loan amount or just collect total amounts for small business and small farm loans without stratification? If the former and the maximum original loan amounts were increased, what would be appropriate original loan amounts for stratification? c. Should the agencies incorporate an automatic or periodic adjustment for inflation for the maximum original loan amounts going forward? 4. Should the agencies raise the original amount threshold (currently $100,000) for identifying institutions that hold small business or small farm loans with original amounts predominantly below that threshold that would not need to complete the full stratification in Schedule RC–C, Part II? 5. Should the agencies exempt institutions that hold less than a certain number or total amount of small business or small farm loans from reporting data on these loans in Schedule RC–C, Part II? If so, what would be an appropriate threshold for exemption and why? Questions on Alternate Approaches 6. Should the agencies consider using other business and farm size indicators to identify or stratify loans, e.g., the borrower’s gross annual revenues or asset size, or should the agencies combine original loan amounts with one or more of these other indicators to identify or stratify loans? a. Would other indicators provide a better measure to identify small business and small farm loans than the original loan amount? If so, which indicators? b. Are such indicator data available back to the origination dates of existing loans? If so, are the data available in your institution’s automated loan systems or in manual form, e.g., in individual borrowers’ loan files? c. If only current indicator data are available, would the current data generally be representative of what the indicator data would have been at origination? Are the current indicator data available in your institution’s automated loan systems or in manual form? 7. Should the agencies consider referencing other recognized standards for small business classification, such as the U.S. Small Business Administration’s size thresholds for VerDate Sep<11>2014 17:26 Oct 16, 2019 Jkt 250001 small businesses, as a way to identify or stratify loans? 11 8. Should the agencies consider collecting data only on new loans made during the reporting period (i.e., originations) instead of data on total loans outstanding as of the end of the reporting period regardless of when originated? 9. Are there other approaches the agencies should consider for the identification of, and the collection of information on, small business or small farm loans? Questions on Potential Challenges and Burden 10. What provisions of the existing Schedule RC–C, Part II, instructions, including the definitions of loans to small businesses and loans to small farms, create difficulties for your institution in reporting in this schedule today? How might the agencies address these issues to reduce reporting burden? 11. What challenges or burden would your institution experience under each of the various options to revise the collection of small business and small farm loan data (i.e., raise existing original amount thresholds; use new indicators to identify small business and small farm loans outstanding as of the end of the reporting period regardless of when the loans were acquired (originated or purchased); use a combination of existing or higher original amount thresholds and new indicators for identifying and stratifying loans outstanding as of the end of the reporting period; collect data only on loan originations during the reporting period rather than total loans outstanding as of the end of the reporting period)? a. How would burden be affected if a revised method for identifying and reporting small business and small farm loans applies only to loans acquired after the date the revised method takes effect and the collection of data excludes loans held when the revised method takes effect? b. How would burden be affected if loans acquired after the date the revised method takes effect are reported under a revised method while loans held when the revised method takes effect continue to be reported under the existing Schedule RC–C, Part II, framework, i.e., only by original loan amount? c. If a revised method were to be used for identifying loans to be reported in Schedule RC–C, Part II, how much lead time would your institution need before you would be prepared to begin reporting under this revised method? 11 See PO 00000 13 CFR 121.201. Frm 00151 Fmt 4703 Sfmt 4703 How would lead times differ for the various options referenced above in this question? Dated: October 10, 2019. Morris R. Morgan, First Deputy Comptroller, Comptroller of the Currency. Board of Governors of the Federal Reserve System, October 7, 2019. Ann Misback, Secretary of the Board. Federal Deposit Insurance Corporation. Dated at Washington, DC, on October 8, 2019. Annmarie H. Boyd, Assistant Executive Secretary. [FR Doc. 2019–22568 Filed 10–16–19; 8:45 am] BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form Project 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 general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning gas guzzler tax. DATES: Written comments should be received on or before December 16, 2019 to be assured of consideration. ADDRESSES: Direct all written comments to Dr. Philippe Thomas, Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form should be directed to Kerry Dennis, at (202) 317–5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at Kerry.Dennis@irs.gov. SUPPLEMENTARY INFORMATION: Title: Gas Guzzler Tax. OMB Number: 1545–0242. Form Number: Form 6197. Abstract: Internal Revenue Code section 4064 imposes a gas guzzler tax on the sale, use, or first lease by a manufacturer or first lease by a manufacturer or importer of automobiles whose fuel economy does SUMMARY: E:\FR\FM\17OCN1.SGM 17OCN1 Federal Register / Vol. 84, No. 201 / Thursday, October 17, 2019 / Notices not meet certain standards for fuel economy. The tax is computed on Form 6197. The IRS uses the information to verify computation of tax and compliance with the law. Current Actions: There are no changes being made to the form at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations and individuals or households. Estimated Number of Respondents: 605. Estimated Time per Respondent: 7 hours, 42 minutes. Estimated Total Annual Burden Hours: 4,659 hours. 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: October 10, 2019. Philippe Thomas, Supervisor Tax Analyst. [FR Doc. 2019–22575 Filed 10–16–19; 8:45 am] BILLING CODE 4830–01–P VerDate Sep<11>2014 17:26 Oct 16, 2019 Jkt 250001 U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION Notice of Open Public Event U.S.-China Economic and Security Review Commission. ACTION: Notice of open public event. AGENCY: Notice is hereby given of the following open public event of the U.S.China Economic and Security Review Commission. The Commission is mandated by Congress to investigate, assess, and report to Congress annually on ‘‘the national security implications of the economic relationship between the United States and the People’s Republic of China.’’ Pursuant to this mandate, the Commission will hold a public release of its 2019 Annual Report to Congress in Washington, DC on November 14, 2019. SUMMARY: The release is scheduled for Thursday, November 14, 2019 from 10:00 a.m. to 11:00 a.m. ADDRESSES: Hart Senate Office Building, Room 902, Washington, DC. Please check the Commission’s website at www.uscc.gov for possible changes to the event schedule. Reservations are not required to attend. FOR FURTHER INFORMATION CONTACT: Any member of the public seeking further information concerning the event should contact Leslie Tisdale Reagan, 444 North Capitol Street NW, Suite 602, Washington DC 20001; telephone: 202– 624–1496, or via email at lreagan@ uscc.gov. Reservations are not required to attend. ADA Accessibility: For questions about the accessibility of the event or to request an accommodation, please contact Leslie Tisdale Reagan at 202– 624–1496, or via email at lreagan@ uscc.gov. Requests for an accommodation should be made as soon as possible, and at least five business days prior to the event. SUPPLEMENTARY INFORMATION: Topics To Be Discussed: The Commission’s 2019 Annual Report to Congress addresses key findings and recommendations for Congressional action based upon the Commission’s hearings, research, travel, and review of the areas designated by Congress in its mandate, including focused work this year on: China’s internal and external challenges; artificial intelligence, new materials, and new energy; U.S. companies in China and Chinese companies in the United States.; health and pharmaceuticals; China’s ambitions to build a ‘‘world-class’’ military; ChinaRussia relations; China’s ambitions in DATES: PO 00000 Frm 00152 Fmt 4703 Sfmt 4703 55691 space; Taiwan; Hong Kong; changing regional dynamics in Oceania and Singapore; and a review of economics, trade, security, political, and foreign affairs developments in 2019. Authority: Congress created the U.S.-China Economic and Security Review Commission in 2000 in the National Defense Authorization Act (Pub. L. 106–398), as amended by Division P of the Consolidated Appropriations Resolution, 2003 (Pub. L. 108–7), as amended by Public Law 109–108 (November 22, 2005), as amended by Public Law 113–291 (December 19, 2014). Dated: October 11, 2019. Daniel W. Peck, Executive Director, U.S.-China Economic and Security Review Commission. [FR Doc. 2019–22653 Filed 10–16–19; 8:45 am] BILLING CODE 1137–00–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0784] Agency Information Collection Activity Under OMB Review: Application for Pre-Need Determination of Eligibility for Burial National Cemetery Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the National Cemetery Administration (NCA), Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden and it includes the actual data collection instrument. SUMMARY: Comments must be submitted on or before November 18, 2019. ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov, or to Office of Information and Regulatory Affairs, Office of Management and Budget, Attn: VA Desk Officer; 725 17th St. NW, Washington, DC 20503 or sent through electronic mail to oira_submission@ omb.eop.gov. Please refer to ‘‘OMB Control No. 2900–0784’’ in any correspondence. DATES: FOR FURTHER INFORMATION CONTACT: Cynthia Harvey-Pryor at (202) 461–5870 or FAX (202) 501–2240. SUPPLEMENTARY INFORMATION: E:\FR\FM\17OCN1.SGM 17OCN1

Agencies

[Federal Register Volume 84, Number 201 (Thursday, October 17, 2019)]
[Notices]
[Pages 55690-55691]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-22575]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form Project

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 general public 
and other Federal agencies to take this opportunity to comment on 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. The IRS is soliciting comments concerning gas 
guzzler tax.

DATES: Written comments should be received on or before December 16, 
2019 to be assured of consideration.

ADDRESSES: Direct all written comments to Dr. Philippe Thomas, Internal 
Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form should be directed to Kerry Dennis, at (202) 317-
5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue 
NW, Washington, DC 20224, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Gas Guzzler Tax.
    OMB Number: 1545-0242.
    Form Number: Form 6197.
    Abstract: Internal Revenue Code section 4064 imposes a gas guzzler 
tax on the sale, use, or first lease by a manufacturer or first lease 
by a manufacturer or importer of automobiles whose fuel economy does

[[Page 55691]]

not meet certain standards for fuel economy. The tax is computed on 
Form 6197. The IRS uses the information to verify computation of tax 
and compliance with the law.
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
individuals or households.
    Estimated Number of Respondents: 605.
    Estimated Time per Respondent: 7 hours, 42 minutes.
    Estimated Total Annual Burden Hours: 4,659 hours.
    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: October 10, 2019.
Philippe Thomas,
Supervisor Tax Analyst.
[FR Doc. 2019-22575 Filed 10-16-19; 8:45 am]
BILLING CODE 4830-01-P