Proposed Collection; Comment Request for Application for Approval of Prototype Simplified Employee Pension (SEP) or Savings Incentive Match Plan for Employees of Small Employers (SIMPLE IRA Plan), 59373 [2020-20605]
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Federal Register / Vol. 85, No. 183 / Monday, September 21, 2020 / Notices
Dated: September 16, 2020.
Andrea M. Gacki,
Director, Office of Foreign Assets Control,
U.S. Department of the Treasury.
[FR Doc. 2020–20793 Filed 9–18–20; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Application for Approval
of Prototype Simplified Employee
Pension (SEP) or Savings Incentive
Match Plan for Employees of Small
Employers (SIMPLE IRA Plan)
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
Form 5306–A, Application for Approval
of Prototype Simplified Employee
Pension (SEP) or Savings Incentive
Match Plan for Employees of Small
Employers (SIMPLE IRA Plan).
DATES: Written comments should be
received on or before November 20,
2020 to be assured of consideration.
ADDRESSES: Direct all written comments
to Paul Adams, Internal Revenue
Service, room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Sara Covington
(737) 800–6149 or 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:
Application for Approval of Prototype
Simplified Employee Pension (SEP) or
Savings Incentive Match Plan for
Employees of Small Employers (SIMPLE
IRA Plan).
OMB Number: 1545–0199.
Form Number: 5306–A.
Abstract: This form is used by banks,
credit unions, insurance companies, and
trade or professional associations to
apply for approval of a simplified
employee pension plan or a Savings
Incentive Match Plan to be used by
more than one employer. The data
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SUMMARY:
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19:59 Sep 18, 2020
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collected is used to determine if the
prototype plan submitted is an
approved plan.
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.
Estimated Number of Respondents: 6.
Estimated Time Per Respondent: 19
hours, 22 minutes.
Estimated Total Annual Burden
Hours: 117.
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: September 14, 2020.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2020–20605 Filed 9–18–20; 8:45 am]
BILLING CODE 4830–01–P
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59373
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Multiple
Department of Treasury 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 October 21, 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:
SUMMARY:
Departmental Offices
1. Title: Terrorism Risk Insurance
Program Claim and Program Forms.
OMB Control Number: 1505–0200.
Type of Review: Revision of a
currently approved collection.
Description: The Terrorism Risk
Insurance Act of 2002, as amended
(TRIA), established the Terrorism Risk
Insurance Program (TRIP or Program).
The Act establishes a temporary federal
program of shared public and private
compensation for insured commercial
property and casualty losses resulting
from an ‘‘act of terrorism,’’ as defined by
TRIA. In order for the Program to make
payments, the losses from an event must
exceed certain thresholds and be in
excess of participating insurer
deductibles. Only ‘‘acts of terrorism’’
that have been certified as such by the
Secretary (in consultation with the
Attorney General and the Secretary of
Homeland Security) are subject to the
compensation provisions of the
Program. In the event Treasury does
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[Federal Register Volume 85, Number 183 (Monday, September 21, 2020)]
[Notices]
[Page 59373]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-20605]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Application for Approval
of Prototype Simplified Employee Pension (SEP) or Savings Incentive
Match Plan for Employees of Small Employers (SIMPLE IRA Plan)
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 Form 5306-A,
Application for Approval of Prototype Simplified Employee Pension (SEP)
or Savings Incentive Match Plan for Employees of Small Employers
(SIMPLE IRA Plan).
DATES: Written comments should be received on or before November 20,
2020 to be assured of consideration.
ADDRESSES: Direct all written comments to Paul Adams, Internal Revenue
Service, room 6526, 1111 Constitution Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Sara
Covington (737) 800-6149 or Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet,
at [email protected].
SUPPLEMENTARY INFORMATION: Title: Application for Approval of Prototype
Simplified Employee Pension (SEP) or Savings Incentive Match Plan for
Employees of Small Employers (SIMPLE IRA Plan).
OMB Number: 1545-0199.
Form Number: 5306-A.
Abstract: This form is used by banks, credit unions, insurance
companies, and trade or professional associations to apply for approval
of a simplified employee pension plan or a Savings Incentive Match Plan
to be used by more than one employer. The data collected is used to
determine if the prototype plan submitted is an approved plan.
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.
Estimated Number of Respondents: 6.
Estimated Time Per Respondent: 19 hours, 22 minutes.
Estimated Total Annual Burden Hours: 117.
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: September 14, 2020.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2020-20605 Filed 9-18-20; 8:45 am]
BILLING CODE 4830-01-P
