Notice of Renewal of the Art Advisory Panel of the Commissioner of Internal Revenue, 5943-5944 [2022-02101]
Download as PDF
Federal Register / Vol. 87, No. 22 / Wednesday, February 2, 2022 / Notices
The OCC
is requesting comment on the following
revision to an approved information
collection:
Title: Company-Run Annual Stress
Test Reporting Template and
Documentation for Covered Institutions
with Total Consolidated Assets of $250
Billion or More under the Dodd-Frank
Wall Street Reform and Consumer
Protection Act.
OMB Control No.: 1557–0319.
Description: Section 165(i)(2) of the
Dodd-Frank Wall Street Reform and
Consumer Protection Act 1 (Dodd-Frank
Act) requires certain financial
companies, including national banks
and Federal savings associations, to
conduct annual stress tests 2 and
requires the primary financial regulatory
agency 3 of those financial companies to
issue regulations implementing the
stress test requirements.4 Under section
165(i)(2), a covered institution is
required to submit to the Board of
Governors of the Federal Reserve
System (Board) and to its primary
financial regulatory agency a report at
such time, in such form, and containing
such information as the primary
financial regulatory agency may
require.5
On October 9, 2012, the OCC
published in the Federal Register a final
rule implementing the section 165(i)(2)
annual stress test requirement.6 This
rule describes the reports and
information collections required to meet
the reporting requirements under
section 165(i)(2). These information
collections will be given confidential
treatment (5 U.S.C. 552(b)(4)) to the
extent permitted by law.
In 2012, the OCC first implemented
the reporting templates referenced in
the final rule. See 77 FR 49485 (August
16, 2012) and 77 FR 66663 (November
6, 2012). The OCC uses the data
collected to assess the reasonableness of
the stress test results of covered
institutions and to provide forwardlooking information to the OCC
regarding a covered institution’s capital
adequacy. The OCC also may use the
results of the stress tests to determine
whether additional analytical
techniques and exercises could be
appropriate to identify, measure, and
monitor risks at the covered institution.
The stress test results are expected to
support ongoing improvement in a
jspears on DSK121TN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
1 Public
Law 111–203, 124 Stat. 1376, July 2010.
U.S.C. 5365(i)(2)(A).
3 12 U.S.C. 5301(12).
4 12 U.S.C. 5365(i)(2)(C).
5 12 U.S.C. 5365(i)(2)(B).
6 77 FR 61238 (October 9, 2012) (codified at 12
CFR part 46).
2 12
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21:31 Feb 01, 2022
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covered institution’s stress testing
practices with respect to its internal
assessments of capital adequacy and
overall capital planning. The OCC
proposed new changes to these
templates on October 27, 2021.7
The OCC recognizes that many
covered institutions with total
consolidated assets of $250 billion or
more are required to submit reports
using reporting form FR Y–14A.8 The
OCC also recognizes the Board has made
modifications to the FR Y–14A and, to
the extent practical, the OCC is keeping
its reporting requirements consistent
with the Board’s FR Y–14A to minimize
burden on covered institutions.
Therefore, the OCC is revising its
reporting requirements to mirror the
Board’s FR Y–14A for covered
institutions with total consolidated
assets of $250 billion or more.
The OCC’s changes include only
limited updates to reflect the changes
made by the Board, and the OCC
reporting forms will substantially
resemble the forms used by the OCC last
year. Many of the changes made by the
Board are inapplicable to OCC-regulated
institutions and involve new items that
would not be collected by the OCC
under the proposed changes. For
example, the OCC’s, Board’s, and
Federal Deposit Insurance Corporation’s
January 6, 2021 final rule revising riskbased capital requirements included
new items on the FR Y–14A that are
inapplicable at the depository
institution level (for example,
‘‘outstanding eligible long-term debt’’)
and will therefore not be collected
under the OCC’s revisions. Similarly, in
2021 the OCC’s reporting forms did not
collect certain items collected on the
2021 FR Y–14A (for example, line items
related to the stress capital buffer), and
the OCC’s 2022 forms also do not
include these items. The OCC’s 2022
changes include the minimal
adjustments necessary to align line
items with placement on the 2022 FR
Y–14A.
The OCC did not receive any
comments on the proposed revisions.
Type of Review: Revision.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents: 8.
Estimated Total Annual Burden:
4,744 hours.
The OCC believes that the systems
that covered institutions use to prepare
the FR Y–14 reporting templates and
submit to the Board will also be used to
prepare the reporting templates
described in this notice. On October 27,
7 86
FR 59447 (Oct. 27, 2021).
8 https://www.federalreserve.gov/reportforms.
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5943
2021, the OCC published a notice for 60
days of comment concerning this
collection, 86 FR 59447. No comments
were received. Comments continue to be
invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’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 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.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2022–02268 Filed 2–1–22; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Notice of Renewal of the Art Advisory
Panel of the Commissioner of Internal
Revenue
Internal Revenue Service,
Treasury.
ACTION: Notice of Renewal of the Art
Advisory Panel of the Commissioner of
Internal Revenue.
AGENCY:
The charter for the Art
Advisory Panel has been renewed for a
two-year period beginning January 26,
2022.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Robin B. Lawhorn, 400 West Bay Street,
Suite 252, Jacksonville, FL 32202.
Telephone (904) 661–3198 (not a tollfree number).
SUPPLEMENTARY INFORMATION: Notice is
hereby given under section 10(a)(2) of
the Federal Advisory Committee Act (5
U.S.C. App. 2), that the Art Advisory
Panel of the Commissioner of Internal
Revenue, a necessary committee that is
in the public interest, has been renewed
for an additional two years beginning on
1/26/2022.
The Panel helps the Internal Revenue
Service review and evaluate the
acceptability of property appraisals
submitted by taxpayers in support of the
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5944
Federal Register / Vol. 87, No. 22 / Wednesday, February 2, 2022 / Notices
fair market value claimed on works of
art involved in Federal Income, Estate or
Gift taxes in accordance with sections
170, 2031, and 2512 of the Internal
Revenue Code of 1986, as amended.
For the Panel to perform this function,
Panel records and discussions must
include tax return information.
Therefore, the Panel meetings will be
closed to the public since all portions of
the meetings will concern matters that
are exempted from disclosure under the
provisions of section 552b(c)(3), (4), (6)
and (7) of Title 5 of the U.S. Code. This
determination, which is in accordance
with section 10(d) of the Federal
Advisory Committee Act, is necessary to
protect the confidentiality of tax returns
and return information as required by
section 6103 of the Internal Revenue
Code.
Charles P. Rettig,
Commissioner of Internal Revenue.
[FR Doc. 2022–02101 Filed 2–1–22; 8:45 am]
United States Mint
Establish Prices for United States Mint
Numismatic Products
United States Mint, Department
of the Treasury.
ACTION: Notice.
AGENCY:
The United States Mint is
announcing new pricing for the
following new United States Mint
numismatic products in accordance
with the table below:
SUMMARY:
BILLING CODE 4830–01–P
SKU
DEPARTMENT OF THE TREASURY
Current
price
Product
22WBA .......................
22WBB .......................
22WBC .......................
22WBD .......................
22WBE .......................
22WBF .......................
22WBG .......................
22WBH .......................
22WBJ ........................
22WBK .......................
22WRA .......................
22WRB .......................
22WRC .......................
22WRD .......................
22WRE .......................
22WRF .......................
22WRG .......................
22WRH .......................
22WRJ ........................
22WRK .......................
22W01 ........................
22W02 ........................
22W03 ........................
22W04 ........................
22W05 ........................
22WP ..........................
22WS ..........................
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
American
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Women
Woman
Woman
For Further Information About Rolls &
Bags, Ornaments Contact: Angela Hicks,
Marketing Specialist, Sales and
Marketing—202–354–7750.
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
Quarters
100-Coin BagTM—Maya Angelou (P) ...............................
100-Coin BagTM—Maya Angelou (D) ..............................
100-Coin BagTM—Sally Ride (P) .....................................
100-Coin BagTM—Sally Ride (D) .....................................
100-Coin BagTM—Wilma Mankiller (P) ............................
100-Coin BagTM—Wilma Mankiller (D) ............................
100-Coin BagTM—Nina Otero-Warren (P) .......................
100-Coin BagTM—Nina Otero-Warren (D) .......................
100-Coin BagTM—Anna May Wong (P) ...........................
100-Coin BagTM—Anna May Wong (D) ...........................
2-Roll SetTM—Maya Angelou (P&D) ................................
3-Roll SetTM—Maya Angelou (P&D&S) ...........................
2-Roll SetTM—Sally Ride (P&D) .......................................
3-Roll SetTM—Sally Ride (P&D&S) ..................................
2-Roll SetTM—Wilma Mankiller (P&D) .............................
3-Roll SetTM—Wilma Mankiller (P&D&S) .........................
2-Roll SetTM—Nina Otero-Warren (P&D) ........................
3-Roll SetTM—Nina Otero-Warren (P&D&S) ....................
2-Roll SetTM—Anna May Wong (P&D) ............................
3-Roll SetTM—Anna May Wong (P&D&S) .......................
OrnamentTM—Maya Angelou ...........................................
OrnamentTM—Sally Ride ..................................................
OrnamentTM—Wilma Mankiller ........................................
OrnamentTM—Nina Otero-Warren ...................................
OrnamentTM—Anna May Wong .......................................
Proof SetTM ......................................................................
Silver Proof SetTM ............................................................
For Further Information About Proof
Sets Contact: Anne Janeski, Marketing
Specialist, Sales and Marketing—202–
306–9666; United States Mint; 801 9th
Street NW, Washington, DC 20220.
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$40.00
40.00
40.00
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40.00
36.00
54.00
36.00
54.00
36.00
54.00
36.00
54.00
36.00
54.00
30.95
30.95
30.95
30.95
30.95
21.00
73.00
Authority: 31 U.S.C. 5111, 5112, 5132,
& 9701.
Eric Anderson,
Executive Secretary, United States Mint.
[FR Doc. 2022–02155 Filed 2–1–22; 8:45 am]
BILLING CODE P
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Agencies
[Federal Register Volume 87, Number 22 (Wednesday, February 2, 2022)]
[Notices]
[Pages 5943-5944]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-02101]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Notice of Renewal of the Art Advisory Panel of the Commissioner
of Internal Revenue
AGENCY: Internal Revenue Service, Treasury.
ACTION: Notice of Renewal of the Art Advisory Panel of the Commissioner
of Internal Revenue.
-----------------------------------------------------------------------
SUMMARY: The charter for the Art Advisory Panel has been renewed for a
two-year period beginning January 26, 2022.
FOR FURTHER INFORMATION CONTACT: Robin B. Lawhorn, 400 West Bay Street,
Suite 252, Jacksonville, FL 32202. Telephone (904) 661-3198 (not a
toll-free number).
SUPPLEMENTARY INFORMATION: Notice is hereby given under section
10(a)(2) of the Federal Advisory Committee Act (5 U.S.C. App. 2), that
the Art Advisory Panel of the Commissioner of Internal Revenue, a
necessary committee that is in the public interest, has been renewed
for an additional two years beginning on 1/26/2022.
The Panel helps the Internal Revenue Service review and evaluate
the acceptability of property appraisals submitted by taxpayers in
support of the
[[Page 5944]]
fair market value claimed on works of art involved in Federal Income,
Estate or Gift taxes in accordance with sections 170, 2031, and 2512 of
the Internal Revenue Code of 1986, as amended.
For the Panel to perform this function, Panel records and
discussions must include tax return information. Therefore, the Panel
meetings will be closed to the public since all portions of the
meetings will concern matters that are exempted from disclosure under
the provisions of section 552b(c)(3), (4), (6) and (7) of Title 5 of
the U.S. Code. This determination, which is in accordance with section
10(d) of the Federal Advisory Committee Act, is necessary to protect
the confidentiality of tax returns and return information as required
by section 6103 of the Internal Revenue Code.
Charles P. Rettig,
Commissioner of Internal Revenue.
[FR Doc. 2022-02101 Filed 2-1-22; 8:45 am]
BILLING CODE 4830-01-P