Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Fiscal Service Information Collection Requests, 23886-23887 [2020-09066]

Download as PDF 23886 Federal Register / Vol. 85, No. 83 / Wednesday, April 29, 2020 / Notices taxpayer is claiming the hard cider tax rate. Form: None. Affected Public: Business or other forprofits. Estimated Number of Respondents: 820. Frequency of Response: Once. Estimated Total Number of Annual Responses: 820. Estimated Time per Response: 1 hour. Estimated Total Annual Burden Hours: 820 hours. (Authority: 44 U.S.C. 3501 et seq.) Dated: April 23, 2020. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2020–09065 Filed 4–28–20; 8:45 am] BILLING CODE 4810–31–P Description: Form 5227 is used to report the financial activities of a splitinterest trust described in Internal Revenue Code section 4947(a)(2), and to determine whether the trust is treated as a private foundation and is subject to the excise taxes under Chapter 42 of the Code. Form: 5227. Affected Public: Business or other forprofits. Estimated Number of Respondents: 199,900. Frequency of Response: Annually. Estimated Total Number of Annual Responses: 199,900. Estimated Time per Response: 45 hours, 24 minutes. Estimated Total Annual Burden Hours: 9,076,744 hours. (Authority: 44 U.S.C. 3501 et seq.) Dated: April 23, 2020. Spencer W. Clark, Treasury PRA Clearance Officer. DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; SplitInterest Trust Information Return [FR Doc. 2020–09067 Filed 4–28–20; 8:45 am] BILLING CODE 4830–01–P Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. AGENCY: DEPARTMENT OF THE TREASURY 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 29, 2020 to be assured of consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Molly Stasko by emailing PRA@treasury.gov, calling (202) 622– 8922, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: Internal Revenue Services (IRS) Title: Split-Interest Trust Information Return. OMB Control Number: 1545–0196. Type of Review: Revision of a currently approved collection. VerDate Sep<11>2014 20:00 Apr 28, 2020 Jkt 250001 Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Fiscal Service 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 May 29, 2020 to be assured of consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Molly Stasko by emailing PRA@treasury.gov, calling (202) 622– 8922, or viewing the entire information collection request at www.reginfo.gov. SUMMARY: PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 SUPPLEMENTARY INFORMATION: Fiscal Service (FS) 1. Title: Minority Bank Deposit Program (MBDP) Certification Form for Admission. OMB Control Number: 1530–0001. Type of Review: Extension without change of a currently approved collection. Description: The information collected on this form is used by financial institutions to apply for participation in the Minority Bank Deposit Program. Institutions approved for acceptance in the program are entitled to special assistance and guidance from Federal agencies, State and local governments, and private sector organizations. Form: FS Form 3144. Affected Public: Business or other forprofits. Estimated Number of Respondents: 85. Frequency of Response: Annually. Estimated Total Number of Annual Responses: 85. Estimated Time per Response: 45 minutes. Estimated Total Annual Burden Hours: 64 hours. 2. Title: Request to Reissue U.S. Savings Bonds to a Personal Trust. OMB Control Number: 1530–0036. Type of Review: Extension without change of a currently approved collection. Description: The information is necessary to support a request for reissue of savings bonds in the name of the trustee of a personal trust estate. Form: FS Form 1851. Affected Public: Individuals or Households. Estimated Number of Respondents: 10,600. Frequency of Response: Occasionally. Estimated Total Number of Annual Responses: 10,600. Estimated Time per Response: 15 minutes. Estimated Total Annual Burden Hours: 2,650 hours. 3. Title: Application By Survivors for Payment of Bond or Check Issued Under the Armed Forces Leave Act of 1946, as amended. OMB Control Number: 1530–0038. Type of Review: Extension without change of a currently approved collection. Description: The information is requested to support payment of an Armed Forces Leave Bond or check issued under Section 6 of the Armed Forces Leave Act of 1946, as amended, where the owner died without assigning the bond to the Administrator of E:\FR\FM\29APN1.SGM 29APN1 Federal Register / Vol. 85, No. 83 / Wednesday, April 29, 2020 / Notices Veterans Affairs prior to payment, or without presenting the check for payment. Form: FS Form 2066. Affected Public: Individuals or Households. Estimated Number of Respondents: 100. Frequency of Response: Occasionally. Estimated Total Number of Annual Responses: 100. Estimated Time per Response: 30 minutes. Estimated Total Annual Burden Hours: 50 hours. (Authority: 44 U.S.C. 3501 et seq.) Dated: April 23, 2020. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2020–09066 Filed 4–28–20; 8:45 am] BILLING CODE 4810–AS–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Community Development Financial Institutions Program and New Markets Tax Credit Program Annual Report including Awards Management and Information System 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 29, 2020 to be assured of consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Molly Stasko by emailing jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 20:00 Apr 28, 2020 Jkt 250001 PRA@treasury.gov, calling (202) 622– 8922, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Community Development Financial Institutions Fund (CDFIF) Title: CDFI Program and NMTC Program Annual Report including AMIS. OMB Control Number: 1559–0027. Type of Review: Revision of a currently approved collection. Description: This collection captures quantitative information from Community Development Financial Institutions (CDFIs) and Community Development Entities (CDEs) at the institution and transaction levels. This information is used to assess: (1) The recipient’s/allocatee’s activities as detailed in its application materials; (2) the recipient’s/allocatee’s approved use of the assistance; (3) the recipient’s/ allocatee’s financial condition; (4) the socio-economic characteristics of recipient’s/allocatee’s borrowers/ investees, loan and investment terms, repayment status, and community development outcomes; and (5) overall compliance with the terms and conditions of the assistance/allocation agreement entered into by the CDFI Fund and the recipient/allocatee. A CDFI Program or Native American CDFI Assistance Program (NACA Program) recipient must submit an Annual Report that is comprised of several sections that depend on the program and the type of award. The specific components that comprise a recipient’s Annual Report are set forth in the assistance agreement that the recipient enters into with the CDFI Fund in order to receive a CDFI Program or a NACA Program award. The current CDFI/NACA reporting requirements can be found in the assistance agreement templates located on the CDFI Fund website at www.cdfifund.gov. For CDFI/NACA recipients, three significant changes were made to annual reporting. First, as part of its IT modernization strategy, the CDFI Fund developed a unified technology platform called the Awards Management Information System (AMIS) that facilitates better data collection and efficiency for users, improves data validations, and enhances computing capacity. Second, in developing the AMIS-based Compliance and Performance Reporting platform (ACPR), we sought to reduce the reporting burden by eliminating the Institution Level Report (ILR) which cut PO 00000 Frm 00134 Fmt 4703 Sfmt 9990 23887 aggregate recipient reporting time by 3,066 hours. Third, the CDFI/NACA Transaction Level Report (TLR) requirements were substantially reduced by 70% by limiting transactional reporting to only newly originated and closed loans and investments and eliminating reporting on outstanding loans and investments. For NMTC Program allocatees, the reporting structure remained the same. Each allocatee must submit an Annual Report that comprises: (i) A financial statement that has been audited by an independent certified public accountant; (ii) an Institution Level Report (ILR) (including the IRS Compliance Questions section), if the allocatee has issued any Qualified Equity Investments; and (iii) a Transaction Level Report (TLR) if the allocatee has issued any Qualified LowIncome Community Investments in the form of loans or investments. The components that comprise an allocatee’s Annual Report are set forth in the allocation agreement that the allocate enters into with the CDFI Fund in order to receive a NMTC Program allocation. These NMTC requirements can be found in the allocation agreement templates located on the CDFI Fund website at www.cdfifund.gov. With the efficiency gains from the implementation of AMIS, the average NMTC reporting time has gone down slightly, while the total number of reporting entities has remained the same so there is a slight net reduction in total burden. Altogether, the total annual burden for both CDFI/NACA and NMTC annual reporting has decreased substantially from 51,645 hours in 2017 to 34,000 hours in 2020. Affected Public: Business or other forprofits, non-profits, State, local and tribal entities. Estimated Number of Respondents: 575. Frequency of Response: Annually. Estimated Total Number of Annual Responses: 575. Estimated Time per Response: 120 hours. Estimated Total Annual Burden Hours: 34,000 hours. (Authority: 44 U.S.C. 3501 et seq.) Dated: April 23, 2020. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2020–09063 Filed 4–28–20; 8:45 am] BILLING CODE 4810–70–P E:\FR\FM\29APN1.SGM 29APN1

Agencies

[Federal Register Volume 85, Number 83 (Wednesday, April 29, 2020)]
[Notices]
[Pages 23886-23887]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-09066]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple Fiscal Service Information Collection 
Requests

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 May 29, 2020 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Molly Stasko by emailing [email protected], calling (202) 
622-8922, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Fiscal Service (FS)

    1. Title: Minority Bank Deposit Program (MBDP) Certification Form 
for Admission.
    OMB Control Number: 1530-0001.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: The information collected on this form is used by 
financial institutions to apply for participation in the Minority Bank 
Deposit Program. Institutions approved for acceptance in the program 
are entitled to special assistance and guidance from Federal agencies, 
State and local governments, and private sector organizations.
    Form: FS Form 3144.
    Affected Public: Business or other for-profits.
    Estimated Number of Respondents: 85.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 85.
    Estimated Time per Response: 45 minutes.
    Estimated Total Annual Burden Hours: 64 hours.
    2. Title: Request to Reissue U.S. Savings Bonds to a Personal 
Trust.
    OMB Control Number: 1530-0036.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: The information is necessary to support a request for 
reissue of savings bonds in the name of the trustee of a personal trust 
estate.
    Form: FS Form 1851.
    Affected Public: Individuals or Households.
    Estimated Number of Respondents: 10,600.
    Frequency of Response: Occasionally.
    Estimated Total Number of Annual Responses: 10,600.
    Estimated Time per Response: 15 minutes.
    Estimated Total Annual Burden Hours: 2,650 hours.
    3. Title: Application By Survivors for Payment of Bond or Check 
Issued Under the Armed Forces Leave Act of 1946, as amended.
    OMB Control Number: 1530-0038.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: The information is requested to support payment of an 
Armed Forces Leave Bond or check issued under Section 6 of the Armed 
Forces Leave Act of 1946, as amended, where the owner died without 
assigning the bond to the Administrator of

[[Page 23887]]

Veterans Affairs prior to payment, or without presenting the check for 
payment.
    Form: FS Form 2066.
    Affected Public: Individuals or Households.
    Estimated Number of Respondents: 100.
    Frequency of Response: Occasionally.
    Estimated Total Number of Annual Responses: 100.
    Estimated Time per Response: 30 minutes.
    Estimated Total Annual Burden Hours: 50 hours.

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

    Dated: April 23, 2020.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2020-09066 Filed 4-28-20; 8:45 am]
BILLING CODE 4810-AS-P
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