Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Longevity Annuity Contracts, 61797-61798 [2020-21613]

Download as PDF 61797 Federal Register / Vol. 85, No. 190 / Wednesday, September 30, 2020 / Notices Number of respondents PRA item MRO Cancellation of Adulterant/Substitution for Legitimate Reason Reports [40.145(g)(5)] ................................................................................................ Employee Admission of Adulterating/Substituting Specimen MRO Determination [40.159(c)] ..................................................................................... Split Specimen Requests by MRO [40.171(c)] ................................................ Split Failure to Reconfirm for Drugs Reports by MRO [40.187(b)] ................. Split Failure to Reconfirm for Adulterant/Substitution Reports by MRO [40.187(c)] .................................................................................................... Shy Bladder Physician Statements [40.193(f)] ................................................ MRO Statements Regarding Physical Evidence of Drug Use [40.195(b) & (c)] ................................................................................................................ Drug Test Correction Statements [40.205 (b)(1) & (2)] ................................... Breath Alcohol Technician (BAT)/Screening Test Technician (STT) (Qualification and Refresher) Training Documentation [40.213(b)(c) & (e)] ......... BAT/STT Error Correction Training Documentation [40.213(f)] ...................... Complete DOT Alcohol Testing Forms [40.225(a)] ......................................... Evidential Breath Testing Device Quality Assurance/Calibration Records [40.233(c)(4)] ................................................................................................ Shy Lung Physician Statements [40.265(c)(2)] ............................................... Alcohol Test Correction Statements [40.271(b)(1) & (2)] ................................ Substance Abuse Professional (SAP) (Qualification and Continuing Education) Training Documentation [40.281(c) & (d)] ........................................ Employer SAP Lists to Employees [40.287] .................................................... SAP Reports to Employers [40.311(c),(d) & (e)] ............................................. Correction Notices to Service Agents [40.373(a)] ........................................... Notice of Proposed Exclusion (NOPE) to Service Agents [40.375(a)] ........... Service Agent Requests to Contest Public Interest Exclusions (PIE) [40.379(b)] .................................................................................................... Service Agent Information to Argue PIE [40.379(b)(2)] .................................. Service Agent Information to Contest PIE [40.381(a) & (b)] ........................... Notices of PIE to Service Agents [40.399] ...................................................... Notices of PIE to Employer and Public [40.401(b) & (d)] ............................... Service Agent PIE Notices to Employers [40.403(a)] ..................................... Total New ................................................................................................. Public Comments Invited: (1) Whether the proposed collection of information is necessary for the proper performance of the functions of the Department, including whether the information will have practical utility; (2) the accuracy of the Department’s estimate of the burden of the proposed information collection; (3) ways to enhance the quality, utility and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information on respondents, including the use of automated collection techniques or other forms of information technology. Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. Chapter 35, as amended. jbell on DSKJLSW7X2PROD with NOTICES Issued in Washington, DC on September 23, 2020. Bohdan Baczara, Deputy Director, DOT, Office of Drug and Alcohol Policy and Compliance. [FR Doc. 2020–21399 Filed 9–29–20; 8:45 am] BILLING CODE 4910–9X–P Jkt 250001 0 0 40 5,000 35 40 7,206 34 3 480 2 104 16,680 69 5 773 5 773 1 64 34 2,238 0 25,000 0 154,732 0 20,630 0 716,308 2,000 168 10,000 2,000 168 3,378,454 133 11 450,460 4,617 390 15,639,989 10,000 168 337 10,000 168 337 666 11 22 23,123 390 781 3,334 10,000 10,000 25 5 3,334 115,713 94,456 25 5 222 7,714 6,297 25 50 7,707 267,837 218,634 868 1,736 2 2 2 1 1 1 2 2 2 1 1 300 2 8 8 1 1 150 69 277 277 34 34 5,208 3,593,202 11,858,782 1,287,811 44,712,987 Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Longevity Annuity Contracts Internal Revenue Service (IRS), Treasury. AGENCY: Notice and request for comments. ACTION: 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 reporting burden associated with longevity annuity contracts. SUMMARY: PO 00000 Frm 00080 Fmt 4703 Sfmt 4703 Salary costs ($) 0 Written comments should be received on or before November 30, 2020 to be assured of consideration. 17:36 Sep 29, 2020 Burden hours 0 DEPARTMENT OF THE TREASURY DATES: VerDate Sep<11>2014 Number of responses 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: Longevity Annuity Contracts. OMB Number: 1545–2234. Regulation Project Number: TD 9673; Form 1098–Q. Abstract: This collection covers final regulations relating to the use of longevity annuity contracts in tax qualified defined contribution plans under section 401(a) of the Internal Revenue Code (Code), section 403(b) plans, individual retirement annuities and accounts (IRAs) under section 408, and eligible governmental plans under section 457(b). Form 1098–Q is used to comply with the reporting requirements under TD 9673. Any person who issues a contract intended to be a QLAC that is purchased or held under any plan, annuity, or account described in section 401(a), ADDRESSES: E:\FR\FM\30SEN1.SGM 30SEN1 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

Agencies

[Federal Register Volume 85, Number 190 (Wednesday, September 30, 2020)]
[Notices]
[Pages 61797-61798]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-21613]


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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 Longevity 
Annuity Contracts

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 reporting burden associated 
with longevity annuity contracts.

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: Longevity Annuity Contracts.
    OMB Number: 1545-2234.
    Regulation Project Number: TD 9673; Form 1098-Q.
    Abstract: This collection covers final regulations relating to the 
use of longevity annuity contracts in tax qualified defined 
contribution plans under section 401(a) of the Internal Revenue Code 
(Code), section 403(b) plans, individual retirement annuities and 
accounts (IRAs) under section 408, and eligible governmental plans 
under section 457(b).
    Form 1098-Q is used to comply with the reporting requirements under 
TD 9673. Any person who issues a contract intended to be a QLAC that is 
purchased or held under any plan, annuity, or account described in 
section 401(a),

[[Page 61798]]

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 for-profit organizations, 
individuals, not-for-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.

    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


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