Proposed Collection; Comment Request for Revenue Procedure 2001-20, 66705-66706 [2019-26237]
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66705
Federal Register / Vol. 84, No. 234 / Thursday, December 5, 2019 / Notices
TIME BURDEN
Number of
respondents
Requirement
(a) Complete eCBSV enrollment process *** ...................................................
(a) Configure customer system for ability
to send in verification requests ............
(a) People whose SSNs SSA will verify—
Reading and Signing ............................
(a) Sending in the verification request,
calling our system, getting a response
(b) Follow SSA requirements to configure
application program interface ...............
(c) CPA Compliance Review and Report **** .................................................
Totals ................................................
Average
burden per
response
(minutes)
Frequency of
response
Estimated
total annual
burden
(hours)
Average
theoretical
hourly
cost amount
(dollars) *
Total
annual opportunity cost
(dollars) **
10
1
120
20
* $36.98
** $740
10
1
2,400
400
* 36.98
** 14,792
307,000,000
1
3
15,350,000
* 10.22
** 156,877,000
307,000,000
1
1
5,116,667
* 36.98
** 189,214,346
10
1
4,800
800
* 36.98
** 29,584
10
1
4,800
800
* 33.89
** 27,112
614,000,040
........................
........................
20,468,687
........................
** 346,163,574
* We based these figures on average Business and Financial operations occupations and Certified Public Accountants’ hourly salaries, as reported by Bureau of Labor Statistics data, and per average Disability Insurance (DI) payments, as reported in SSA’s DI payment data.
** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather, these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to
respondents to complete the application.
*** The enrollment process entails reviewing and completing eCBSV User Agreement and financial requirements package; visiting the Department of the Treasury’s Pay.gov to make payment for services; and submitting a permitted entity certification via email.
**** There will be one CPA firm respondent (an SSA-approved contractor) to conduct compliance reviews and prepare written reports of findings on the 10 permitted entities.
Cost Burden
The public cost burden is dependent
upon the number of permitted entities
and annual transaction volume. In FY
2019, 10 companies enrolled out of 124
applications received to participate in
eCBSV. We based the cost estimates
below on 10 participating permitted
entities in FY 2020 submitting an
anticipated volume of 307,000,000
transactions. The Banking Bill requires
that we collect at least 50 percent of the
start-up costs (i.e., that we collect $9.2
million) before we may begin
development of the eCBSV verification
system. SSA will recover the remaining
development costs over three years
using the following tier fee schedule:
amended. We calculated the fees based
on forecasted systems and operational
expenses; agency oversight, overhead
and CPA audit contract costs.
In addition, SSA will periodically
recalculate costs to provide eCBSV
services and adjust the fees charged as
needed. We will notify companies of a
fee adjustment at the renewal of the
eCBSV User Agreement and via notice
in the Federal Register; companies have
the opportunity to cancel the agreement
or continue service using the new fee.
Dated: December 2, 2019.
Faye I. Lipsky,
Director, Office of Regulations and Reports
Clearance, Social Security Administration.
[FR Doc. 2019–26259 Filed 12–4–19; 8:45 am]
BILLING CODE 4191–02–P
ECBSV
Tier
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1
2
3
4
5
TIER FEE SCHEDULE
Volume threshold
1–1,000 ......................
1,001–10,000 .............
10,001–200,000 .........
200,001–50 million .....
50,000,001–2 billion ...
Annual fee
$400
3,030
14,300
276,500
860,000
Each enrolled permitted entity will be
required to remit the above tier based
subscription fee for the 365-day
agreement period and the appropriate
administrative fee. We will charge
newly enrolled entities a startup
administrative fee of $3,693. After the
initial year, we will charge the entities
a renewal administrative fee of $1,691
each time the agreement is renewed or
VerDate Sep<11>2014
17:38 Dec 04, 2019
Jkt 250001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2001–
20
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
SUMMARY:
PO 00000
Frm 00057
Fmt 4703
Sfmt 4703
opportunity to comment on information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Revenue Procedure 2001–20, Voluntary
Compliance on Alien Withholding
Program (‘‘VCAP’’).
DATES: Written comments should be
received on or before February 3, 2020
to be assured of consideration.
ADDRESSES: Direct all written comments
to Dr. Philippe Thomas, Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the revenue procedure should
be directed to Sara Covington, Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington,
DC 20224, or through the internet at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Voluntary Compliance on Alien
Withholding Program (‘‘VCAP’’).
OMB Number: 1545–1735.
Revenue Procedure Number: Revenue
Procedure 2001–20.
Abstract: This revenue procedure will
improve voluntary compliance of
colleges and universities in connection
with their obligations to report,
withhold and pay taxes due on
compensation paid to foreign students
and scholars (nonresident aliens). The
revenue procedure provides an optional
opportunity for colleges and universities
which have not fully complied with
E:\FR\FM\05DEN1.SGM
05DEN1
jbell on DSKJLSW7X2PROD with NOTICES
66706
Federal Register / Vol. 84, No. 234 / Thursday, December 5, 2019 / Notices
their tax obligations concerning
nonresident aliens to self-audit and
come into compliance with applicable
reporting and payment requirements.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Not-for-profit
institutions, and state, local or tribal
governments.
Estimated Number of Respondents:
495.
Estimated Time per Respondent: 700
hours.
Estimated Total Annual Burden
Hours: 346,500.
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: November 27, 2019.
Philippe Thomas,
IRS Supervisory Tax Analyst.
[FR Doc. 2019–26237 Filed 12–4–19; 8:45 am]
BILLING CODE 4830–01–P
VerDate Sep<11>2014
17:38 Dec 04, 2019
Jkt 250001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation 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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Revenue Procedure 2004–12, Health
Insurance Costs of Eligible Individuals.
DATES: Written comments should be
received on or before February 3, 2020
to be assured of consideration.
ADDRESSES: Direct all written comments
to Dr. Philippe Thomas, Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the information collection
should be directed to Sara Covington,
Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW,
Washington, DC 20224, or at (202) 317–
6038, or through the internet at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Health Insurance Costs of
Eligible Individuals.
OMB Number: 1545–1875.
Regulation Project Number: Rev. Proc.
2004–12.
Abstract: Revenue Procedure 2004–12
informs states how to elect a health
program to be qualified health insurance
for purposes of the health coverage tax
credit (HCTC) under section 35 of the
Internal Revenue Code. The collection
of information is voluntary. However, if
a state does not make an election,
eligible residents of the state may be
impeded in their efforts to claim the
HCTC.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: States, Local or Tribal
Government.
Estimated Number of Respondents:
51.
Estimated Average Time per
Respondent: 30 minutes.
Estimate Total Annual Burden Hours:
26.
SUMMARY:
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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: November 27, 2019.
Philippe Thomas,
IRS Supervisory Tax Analyst.
[FR Doc. 2019–26236 Filed 12–4–19; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0778]
Agency Information Collection
Activity: Disability Benefits
Questionnaire (Group 3)
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
Veterans Benefits
Administration, Department of Veterans
Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
SUMMARY:
E:\FR\FM\05DEN1.SGM
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]]>Agencies
[Federal Register Volume 84, Number 234 (Thursday, December 5, 2019)]
[Notices]
[Pages 66705-66706]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-26237]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2001-
20
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
information collections, as required by the Paperwork Reduction Act of
1995. The IRS is soliciting comments concerning Revenue Procedure 2001-
20, Voluntary Compliance on Alien Withholding Program (``VCAP'').
DATES: Written comments should be received on or before February 3,
2020 to be assured of consideration.
ADDRESSES: Direct all written comments to Dr. Philippe Thomas, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information
or copies of the revenue procedure should be directed to Sara
Covington, Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or through the internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Voluntary Compliance on Alien Withholding Program
(``VCAP'').
OMB Number: 1545-1735.
Revenue Procedure Number: Revenue Procedure 2001-20.
Abstract: This revenue procedure will improve voluntary compliance
of colleges and universities in connection with their obligations to
report, withhold and pay taxes due on compensation paid to foreign
students and scholars (nonresident aliens). The revenue procedure
provides an optional opportunity for colleges and universities which
have not fully complied with
[[Page 66706]]
their tax obligations concerning nonresident aliens to self-audit and
come into compliance with applicable reporting and payment
requirements.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Not-for-profit institutions, and state, local or
tribal governments.
Estimated Number of Respondents: 495.
Estimated Time per Respondent: 700 hours.
Estimated Total Annual Burden Hours: 346,500.
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: November 27, 2019.
Philippe Thomas,
IRS Supervisory Tax Analyst.
[FR Doc. 2019-26237 Filed 12-4-19; 8:45 am]
BILLING CODE 4830-01-P
