Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Revenue Procedure 2017-41, 61798-61799 [2020-21611]

Download as PDF jbell on DSKJLSW7X2PROD with NOTICES 61798 Federal Register / Vol. 85, No. 190 / Wednesday, September 30, 2020 / Notices 403(a), 403(b), 408 (other than a Roth IRA) or eligible governmental plan under section 457(b), must file Form 1098–Q. Current Actions: There are no changes to the burden previously approved by OMB. This submission is for renewal purposes. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations, individuals, notfor-profit institutions, individuals or households. Estimated Number of Respondents: 150. Estimated Time per Respondent: 8 min. Estimated Total Annual Burden Hours: 28,529. 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. VerDate Sep<11>2014 17:36 Sep 29, 2020 Jkt 250001 Approved: September 23, 2020. Ronald J. Durbala, IRS Tax Analyst. [FR Doc. 2020–21613 Filed 9–29–20; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Revenue Procedure 2017–41 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 the burden associated with the procedures outlined in RP 2017–41 for issuing Opinion Letters regarding the qualification in form of Pre-approved Plans under sections 401, 403(a), and 4975(e)(7). DATES: Written comments should be received on or before November 30, 2020 to be assured of consideration. ADDRESSES: Direct all written comments to Kinna Brewington, Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 20224. Requests for additional information or copies of the regulations should be directed to Ronald J. Durbala, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW, Washington DC 20224, or through the internet, at RJoseph.Durbala@irs.gov. SUPPLEMENTARY INFORMATION: Title: Master and Prototype and Volume Submitter Plans. OMB Number: 1545–1674. Regulation Project Number: RP 2017– 41. Abstract: This revenue procedure modifies Rev. Proc. 2015–36 and sets forth the procedures for the merger of the master and prototype (M&P) program with the volume submitter (VS) plan. This revenue procedure requires employers adopting pre-approved plans to complete and sign new signature pages or new adoption agreements, as applicable, in order to restate their plans for recent changes in the law. This SUMMARY: PO 00000 Frm 00081 Fmt 4703 Sfmt 4703 revenue procedure require sponsors of pre-approved plans to furnish copies of their plans to the Service’s Employee Plans Determinations office, maintain records of employers that have adopted their plans, prepare and communicate any necessary interim amendments to adopting employers, make reasonable and diligent efforts to ensure that employers restate their plans when necessary, and notify employers if the sponsor concludes that employers’ plans are no longer qualified provides that mass submitters must keep records of their user fees. This allows mass submitters to certify to the number of other practitioners seeking approval of the identical pre-approved plan. Current Actions: There is no change in the paperwork burden previously approved by OMB. This request is being submitted for renewal purposes. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, business or other for-profit organizations, not-for-profit institutions, farms, and state, local, or tribal governments. Estimated Number of Respondents: 321,500. Estimated Time Per Respondent: 3 Hrs., 45 min. Estimated Total Annual Burden Hours: 1,108,225. 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 E:\FR\FM\30SEN1.SGM 30SEN1 Federal Register / Vol. 85, No. 190 / Wednesday, September 30, 2020 / Notices • 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: September 23, 2020. Ronald J. Durbala, IRS Tax Analyst. [FR Doc. 2020–21611 Filed 9–29–20; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0655] Agency Information Collection Activity Under OMB Review: Residency Verification Report—Veterans and Survivors Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. jbell on DSKJLSW7X2PROD with NOTICES AGENCY: VerDate Sep<11>2014 17:36 Sep 29, 2020 Jkt 250001 In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration, 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. DATES: 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. Refer to ‘‘OMB Control No. 2900–0655. FOR FURTHER INFORMATION CONTACT: Danny S. Green, Enterprise Records Service (005R1B), Department of Veterans Affairs, 811 Vermont Avenue NW, Washington, DC 20420, (202) 421– 1354 or email danny.green2@va.gov. Please refer to ‘‘OMB Control No. 2900– 0655’’ in any correspondence. SUPPLEMENTARY INFORMATION: SUMMARY: Authority: 44 U.S.C. 3501–21. Title: Residency Verification ReportVeterans and Survivors (FL21–914). OMB Control Number: 2900–0655. PO 00000 Frm 00082 Fmt 4703 Sfmt 9990 61799 Type of Review: Reinstatement of a currently approved collection. Abstract: Form Letter 21–914 is used to gather information which is necessary to verify whether a veteran or beneficiary who is receiving benefits at the full-dollar rate based on U.S. residency continues to meet the residency requirements. Continued eligibility to benefits at the full-dollar rate cannot be determined without complete information about a veteran’s or beneficiary’s residency. An agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. The Federal Register Notice with a 60-day comment period soliciting comments on this collection of information was published at 85 FR 119 on June 19, 2020, page 37157. Affected Public: Individuals or Households. Estimated Annual Burden: 417 hours. Estimated Average Burden per Respondent: 20 minutes. Frequency of Response: One time. Estimated Number of Respondents: 1,250. By direction of the Secretary. Danny S. Green, VA PRA Clearance Officer, Office of Quality, Performance and Risk (OQPR), Department of Veterans Affairs. [FR Doc. 2020–21549 Filed 9–29–20; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\30SEN1.SGM 30SEN1

Agencies

[Federal Register Volume 85, Number 190 (Wednesday, September 30, 2020)]
[Notices]
[Pages 61798-61799]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-21611]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Extension of Information Collection Request Submitted 
for Public Comment; Comment Request on Burden Related to Revenue 
Procedure 2017-41

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 the burden associated with the procedures outlined in RP 
2017-41 for issuing Opinion Letters regarding the qualification in form 
of Pre-approved Plans under sections 401, 403(a), and 4975(e)(7).

DATES: Written comments should be received on or before November 30, 
2020 to be assured of consideration.

ADDRESSES: Direct all written comments to Kinna Brewington, Internal 
Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 
20224. Requests for additional information or copies of the regulations 
should be directed to Ronald J. Durbala, at Internal Revenue Service, 
Room 6129, 1111 Constitution Avenue NW, Washington DC 20224, or through 
the internet, at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Master and Prototype and Volume Submitter Plans.
    OMB Number: 1545-1674.
    Regulation Project Number: RP 2017-41.
    Abstract: This revenue procedure modifies Rev. Proc. 2015-36 and 
sets forth the procedures for the merger of the master and prototype 
(M&P) program with the volume submitter (VS) plan. This revenue 
procedure requires employers adopting pre-approved plans to complete 
and sign new signature pages or new adoption agreements, as applicable, 
in order to restate their plans for recent changes in the law. This 
revenue procedure require sponsors of pre-approved plans to furnish 
copies of their plans to the Service's Employee Plans Determinations 
office, maintain records of employers that have adopted their plans, 
prepare and communicate any necessary interim amendments to adopting 
employers, make reasonable and diligent efforts to ensure that 
employers restate their plans when necessary, and notify employers if 
the sponsor concludes that employers' plans are no longer qualified 
provides that mass submitters must keep records of their user fees. 
This allows mass submitters to certify to the number of other 
practitioners seeking approval of the identical pre-approved plan.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. This request is being submitted for renewal 
purposes.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, business or other for-
profit organizations, not-for-profit institutions, farms, and state, 
local, or tribal governments.
    Estimated Number of Respondents: 321,500.
    Estimated Time Per Respondent: 3 Hrs., 45 min.
    Estimated Total Annual Burden Hours: 1,108,225.
    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

[[Page 61799]]

     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: September 23, 2020.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2020-21611 Filed 9-29-20; 8:45 am]
BILLING CODE 4830-01-P