Agency Information Collection Activities; Submission for OMB Review; Comment Request; Internal Revenue Service Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery, 76177-76178 [2020-26157]

Download as PDF Federal Register / Vol. 85, No. 229 / Friday, November 27, 2020 / Notices jbell on DSKJLSW7X2PROD with NOTICES equivalent) format and be included in the application as Attachment C–1; (iii) Provide information regarding satisfaction of other statutory eligibility requirements of the RRIF credit program; and (iv) Provide information regarding satisfaction of the RRIF Express Program eligibility criteria (as described in Section IV above). Prospective RRIF Express borrowers should describe in Letter of Interest Section D8 if the project will (1) decrease transportation costs and improve access, especially for rural communities or communities in Opportunity Zones,11 through reliable and timely access to employment centers and job opportunities; (2) improve long-term efficiency, reliability or costs in the movement of workers or goods; (3) increase the economic productivity of land, capital, or labor, including assets in Opportunity Zones; (4) result in long-term job creation and other economic opportunities; or (5) help the United States compete in a global economy by facilitating efficient and reliable freight movement. Projects that bridge gaps in service in rural areas, and projects that attract private economic development, all support local or regional economic competitiveness. Letters of Interest must be submitted using the latest form on the Build America Bureau website: https:// www.transportation.gov/content/buildamerica-bureau. Other RRIF Express pilot program information including any additional terms, conditions, and requirements can be found on the Build America Bureau website at: https:// www.transportation.gov/buildamerica/ rrif-express. The Bureau may contact a prospective borrower for clarification of specific information included in the Letter of Interest. The Bureau will review all Letters of Interest properly filed and received in the submission time window provided herein. B. Review and Evaluation Each Letter of Interest that is properly filed and received will be evaluated for completeness and eligibility for the RRIF Express Program using the criteria in this notice. This initial step of the review process will include (1) an evaluation as to whether the proposed project and applicant satisfy RRIF statutory eligibility requirements, and (2) an evaluation as to whether the proposed project and applicant satisfy the RRIF Express Program eligibility criteria. In addition, the Bureau will conduct a high-level feasibility assessment of the proposed project and the applicant’s plan of finance before a Letter of Interest is accepted into the RRIF Express Program and before a Letter of Interest enters the creditworthiness process. With respect to the project, factors that will be considered include, but are not limited to, (1) the completion of the project being financed is not necessary to repay the proposed RRIF loan; (2) the project budget is in year of expenditure and includes contingencies to account for potential project risks; and (3) the maturity of the proposed RRIF loan does not extend beyond the project’s anticipated useful life. With respect to the applicant’s plan of finance, factors that will be considered include, but are not limited to, (1) a maximum loan size that, when added to the proposed borrower’s existing outstanding and undrawn available debt, does not substantially exceed an earnings before interest, taxes, depreciation, and amortization multiple that would be market appropriate in a similar circumstance, for the most recent trailing twelve month period and for any period of the applicant’s forecast; and (2) consistent levels of revenue and operating profitability demonstrated by the proposed borrower over the most recent fiscal year. The Letters of Interest determined to be eligible for the RRIF Express Program will then be advanced to the Bureau’s creditworthiness review process, which is an in-depth creditworthiness review of the project sponsor and the revenue stream proposed to repay the RRIF credit assistance as described in the Programs Guide. The Secretary reserves the right to limit the number of applications from a single entity or subordinates of a single parent or holding company. Prospective RRIF borrowers whose RRIF Express Program Letters of Interest are determined to be ineligible, but whose projects are otherwise statutorily eligible for standard RRIF credit assistance, have the option to be considered under the overall RRIF program. Issued in Washington, DC, on October 22, 2020. Elaine L. Chao, Secretary of Transportation. [FR Doc. 2020–25274 Filed 11–25–20; 8:45 am] BILLING CODE 4910–9X–P 11 See https://www.cdfifund.gov/Pages/ Opportunity-Zones.aspx for more information on Opportunity Zones. VerDate Sep<11>2014 19:29 Nov 25, 2020 Jkt 253001 PO 00000 Frm 00174 Fmt 4703 Sfmt 4703 76177 DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Internal Revenue Service Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery 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 December 28, 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: Internal Revenue Service (IRS) Title: Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery. OMB Control Number: 1545–2208. Type of Review: Extension of a currently approved collection. Description: Executive Order 12862 directs Federal agencies to provide service to the public that matches or exceeds the best service available in the private sector. In order to work continuously to ensure that our programs are effective and meet our customers’ needs, The Internal Revenue Service (hereafter ‘‘the Agency’’) seeks to obtain OMB approval of a generic clearance to collect qualitative feedback on our service delivery. By qualitative feedback we mean information that provides useful insights on perceptions and opinions but are not statistical surveys that yield quantitative results that can be generalized to the population of study. E:\FR\FM\27NON1.SGM 27NON1 76178 Federal Register / Vol. 85, No. 229 / Friday, November 27, 2020 / Notices jbell on DSKJLSW7X2PROD with NOTICES Form: None. Affected Public: Individuals or Households; and Businesses or other for-profit organizations. Estimated Number of Respondents: 150,000. Frequency of Response: On Occasion. VerDate Sep<11>2014 19:29 Nov 25, 2020 Jkt 253001 Estimated Total Number of Annual Responses: 150,000. Estimated Time per Response: 6 minutes. Estimated Total Annual Burden Hours: 15,000 hours. PO 00000 Frm 00175 Fmt 4703 Sfmt 9990 Authority: 44 U.S.C. 3501 et seq. Dated: November 20, 2020. Molly Stasko, Treasury PRA Clearance Officer. [FR Doc. 2020–26157 Filed 11–25–20; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\27NON1.SGM 27NON1

Agencies

[Federal Register Volume 85, Number 229 (Friday, November 27, 2020)]
[Notices]
[Pages 76177-76178]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-26157]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Internal Revenue Service Generic Clearance for 
the Collection of Qualitative Feedback on Agency Service Delivery

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 December 28, 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:

Internal Revenue Service (IRS)

    Title: Generic Clearance for the Collection of Qualitative Feedback 
on Agency Service Delivery.
    OMB Control Number: 1545-2208.
    Type of Review: Extension of a currently approved collection.
    Description: Executive Order 12862 directs Federal agencies to 
provide service to the public that matches or exceeds the best service 
available in the private sector. In order to work continuously to 
ensure that our programs are effective and meet our customers' needs, 
The Internal Revenue Service (hereafter ``the Agency'') seeks to obtain 
OMB approval of a generic clearance to collect qualitative feedback on 
our service delivery. By qualitative feedback we mean information that 
provides useful insights on perceptions and opinions but are not 
statistical surveys that yield quantitative results that can be 
generalized to the population of study.

[[Page 76178]]

    Form: None.
    Affected Public: Individuals or Households; and Businesses or other 
for-profit organizations.
    Estimated Number of Respondents: 150,000.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 150,000.
    Estimated Time per Response: 6 minutes.
    Estimated Total Annual Burden Hours: 15,000 hours.

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

    Dated: November 20, 2020.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2020-26157 Filed 11-25-20; 8:45 am]
BILLING CODE 4830-01-P
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