Proposed Collection; Comment Request for Form 3491, 19950-19951 [2021-07748]

Download as PDF 19950 Federal Register / Vol. 86, No. 71 / Thursday, April 15, 2021 / Notices Number of respondents Annual hours per respondent Average hourly compensation Estimated annual labor cost per respondent Total estimated annual burden hours Total estimated annual labor costs 56 ..................................................... 98 75.16 $7,365.68 5,488 $412,478.08 or $412,478 Estimated Total Annual Burden Cost: There are no capital, start-up, or annual operation and maintenance costs involved in the collection of information. The respondents would not incur any reporting costs from the information collection beyond the labor costs associated with the burden hours to gather the information, prepare it for reporting and then populate the Webbased data collection tool. The respondents also would not incur any recordkeeping burden or recordkeeping costs from the information collection. Public Comments Invited: You are asked to comment on any aspects of this information collection, including (a) 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; (b) the accuracy of the Department’s estimate of the burden of the proposed information collection; (c) ways to enhance the quality, utility and clarity of the information to be collected; and (d) 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; 49 CFR 1.49; and DOT Order 1351.29. Issued in Washington, DC. Nanda Narayanan Srinivasan, Associate Administrator, Research and Program Development. [FR Doc. 2021–06974 Filed 4–14–21; 8:45 am] BILLING CODE 4910–59–P DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Proposed Collection of Information: Government Securities Act of 1986 Notice and request for comments. ACTION: The Department of the Treasury, 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 proposed and/or continuing information collection, as required by the Paperwork jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:27 Apr 14, 2021 Jkt 253001 Reduction Act of 1995. Currently, the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the collection of information associated with the Government Securities Act (GSA) of 1986, as amended (15 U.S.C. 78o–5). DATES: Written comments should be received on or before June 14, 2021 to be assured of consideration. ADDRESSES: Direct all written comments and requests for additional information to Lori Santamorena, Government Securities Regulations Staff, Bureau of the Fiscal Service, (202) 504–3632, govsecreg@fiscal.treasury.gov. SUPPLEMENTARY INFORMATION: Title: Government Securities Act of 1986, as amended, (15 U.S.C. 78o–5). OMB Number: 1530–0064. Abstract: The information collection is contained within the regulations issued pursuant to the GSA, which require government securities brokers and dealers to make and keep certain records concerning their business activities and their holdings of government securities, to submit financial reports, and to make certain disclosures to investors. The regulations also require depository institutions to keep certain records of non-fiduciary custodial holdings of government securities. The regulations and associated information collection are fundamental to customer protection and dealer financial responsibility. Current Actions: Extension of a currently approved collection. Type of Review: Regular. Affected Public: Private Sector (Government securities brokers and dealers and financial institutions). Estimated Number of Respondents: 2,670. Estimated Total Annual Burden Hours: 215,111. 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: 1. 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; 2. the accuracy of the agency’s estimate of the burden of the collection of information; 3. ways to PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 enhance the quality, utility, and clarity of the information to be collected; 4. 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 5. estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: April 12, 2021. Bruce A. Sharp, Bureau PRA Clearance Officer. [FR Doc. 2021–07703 Filed 4–14–21; 8:45 am] BILLING CODE 4810–AS–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 3491 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 3491, Consumer Cooperative Exemption Application. DATES: Written comments should be received on or before June 14, 2021 to be assured of consideration. ADDRESSES: Direct all written comments to Kinna Brewington, 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, 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: Consumer Cooperative Exemption Application. OMB Number: 1545–1941. SUMMARY: E:\FR\FM\15APN1.SGM 15APN1 jbell on DSKJLSW7X2PROD with NOTICES Federal Register / Vol. 86, No. 71 / Thursday, April 15, 2021 / Notices Form Number: Form 3491. Abstract: A cooperative uses Form 3491 to apply for exemption from filing Form 1099–PATR, Taxable Distributions received from Cooperatives. Form 1099– PATR is used to report patronage distributions of $10 or more to a recipient during the calendar year. Current Actions: There are no changes being made to the Form 3491 at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit, Individuals or households, and Farms. Estimated Number of Respondents: 200. Estimated Time per Respondent: 44 minutes. Estimated Total Annual Burden Hours: 148. 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. Requests 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: April 6, 2021. Sara L. Covington, IRS Tax Analyst. [FR Doc. 2021–07748 Filed 4–14–21; 8:45 am] BILLING CODE 4830–01–P VerDate Sep<11>2014 17:35 Apr 14, 2021 Jkt 253001 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Information Collection Tools Relating to IRS Customer Satisfaction Surveys 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 related to the IRS Customer Satisfaction Surveys. DATES: Written comments should be received on or before June 14, 2021 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 R. Joseph 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: IRS Customer Satisfaction Surveys. OMB Number: 1545–2250. Regulation Project Number: N/A. Abstract: Surveys conducted under this clearance are used by the Internal Revenue Service to determine levels of customer satisfaction as well as determining issues that contribute to customer burden. This information will be used to make quality improvements to products and services. Collecting, analyzing, and using customer opinion data is a vital component of IRS’s Balanced Measures Approach, as mandated by Internal Revenue Service Reform and Restructuring Act of 1998 and Executive Order 12862. Current Actions: This is a renewal request. The change in burden is the result of 10 surveys being dropped from this renewal. It is estimated that 60,000 burden hours will be used over the course of the next three years. Type of Review: Revision of a currently approved collection. SUMMARY: PO 00000 Frm 00083 Fmt 4703 Sfmt 9990 19951 Affected Public: Individuals or households, Businesses and other forprofit organizations. Estimated Number of Responses: 135,000. Estimated Time per Respondent: 8–9 mins. Estimated Total Annual Burden Hours: 20,000. 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: April 6, 2021. Ronald J. Durbala, IRS Tax Analyst. [FR Doc. 2021–07751 Filed 4–14–21; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\15APN1.SGM 15APN1

Agencies

[Federal Register Volume 86, Number 71 (Thursday, April 15, 2021)]
[Notices]
[Pages 19950-19951]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07748]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 3491

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 3491, Consumer 
Cooperative Exemption Application.

DATES: Written comments should be received on or before June 14, 2021 
to be assured of consideration.

ADDRESSES: Direct all written comments to Kinna Brewington, 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, Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Consumer Cooperative Exemption Application.
    OMB Number: 1545-1941.

[[Page 19951]]

    Form Number: Form 3491.
    Abstract: A cooperative uses Form 3491 to apply for exemption from 
filing Form 1099-PATR, Taxable Distributions received from 
Cooperatives. Form 1099-PATR is used to report patronage distributions 
of $10 or more to a recipient during the calendar year.
    Current Actions: There are no changes being made to the Form 3491 
at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit, Individuals or 
households, and Farms.
    Estimated Number of Respondents: 200.
    Estimated Time per Respondent: 44 minutes.
    Estimated Total Annual Burden Hours: 148.
    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.
    Requests 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: April 6, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-07748 Filed 4-14-21; 8:45 am]
BILLING CODE 4830-01-P