Advisory Group to the Commissioner of Internal Revenue; Charter Renewal, 10430-10431 [2022-03928]
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Federal Register / Vol. 87, No. 37 / Thursday, February 24, 2022 / Notices
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW, Suite 3E–
218, Washington, DC 20219. If you are
deaf, hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501–3520), Federal
agencies must obtain approval from
OMB for each collection of information
they conduct or sponsor. ‘‘Collection of
information’’ is defined in 44 U.S.C.
3502(3) and 5 CFR 1320.3(c) to include
agency requests or requirements that
members of the public submit reports,
keep records, or provide information to
a third party. Section 3506(c)(2)(A) of
title 44 requires Federal agencies to
provide a 60-day notice in the Federal
Register concerning each proposed
collection of information, including
each proposed extension of an existing
collection of information, before
submitting the collection to OMB for
approval. To comply with this
requirement, the OCC is publishing
notice of the collection of information
set forth in this document.
Title: Funding and Liquidity Risk
Management.
OMB Control No.: 1557–0244.
Description: The Interagency Policy
Statement on Funding and Liquidity
Risk Management 1 (Policy Statement)
summarizes the principles of sound
liquidity risk management that the
Federal banking agencies have issued in
the past 2 and, where appropriate,
harmonizes these principles with the
international statement issued by the
Basel Committee on Banking
Supervision titled ‘‘Principles for Sound
Liquidity Risk Management and
Supervision.’’ 3 The Policy Statement
1 75
FR 13656 (Mar. 22, 2010).
national banks and Federal savings
associations, see the Comptroller’s Handbook on
Liquidity. For state member banks and bank holding
companies, see the Federal Reserve’s Commercial
Bank Examination Manual (section 4020), Bank
Holding Company Supervision Manual (section
4010), and Trading and Capital Markets Activities
Manual (section 2030). For state non-member
banks, see the FDIC’s Revised Examination
Guidance for Liquidity and Funds Management
(Trans. No. 2002–01) (Nov. 19, 2001), and Financial
Institution Letter 84–2008, Liquidity Risk
Management (August 2008). For federally insured
credit unions, see Letter to Credit Unions No. 02–
CU–05, Examination Program Liquidity
Questionnaire (March 2002).
3 Basel Committee on Banking Supervision,
‘‘Principles for Sound Liquidity Risk Management
and Supervision,’’ September 2008. See
www.bis.org/publ/bcbs144.htm. Federally insured
credit unions are not directly referenced in the
principles issued by the Basel Committee.
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describes supervisory expectations for
all depository institutions including
banks, savings associations, and credit
unions.
Section 14 of the Policy Statement
provides that financial institutions
should consider liquidity costs, benefits,
and risks in strategic planning and
budgeting processes. Significant
business activities should be evaluated
for liquidity risk exposure as well as
profitability. More complex and
sophisticated financial institutions
should incorporate liquidity costs,
benefits, and risks in the internal
product pricing, performance
measurement, and new product
approval process for all material
business lines, products, and activities.
Incorporating the cost of liquidity into
these functions should align the risktaking incentives of individual business
lines with the liquidity risk exposure
their activities create for the institution
as a whole. The quantification and
attribution of liquidity risks should be
explicit and transparent at the line
management level, and should include
consideration of how liquidity would be
affected under stressed conditions.
Section 20 of the Policy Statement
states that liquidity risk reports should
provide aggregate information with
sufficient supporting detail to enable
management to assess the sensitivity of
the institution to changes in market
conditions, its own financial
performance, and other important risk
factors. Institutions also should report
on the use and availability of
government support, such as lending
and guarantee programs, and
implications on liquidity positions,
particularly since these programs are
generally temporary or reserved as a
source for contingent funding.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
1,069.
Frequency of Response: On occasion.
Estimated Total Burden Hours: 78,096
hours.
Comments: Comments submitted in
response to this notice will be
summarized and included in the request
for OMB approval. All comments will
become a matter of public record.
Comments are invited on:
(a) Whether the information
collections are 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 information collection
burden;
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(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections 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 the
services necessary to provide the
required information.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2022–03906 Filed 2–23–22; 8:45 am]
BILLING CODE P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Advisory Group to the Commissioner
of Internal Revenue; Charter Renewal
Internal Revenue Service (IRS),
Treasury.
AGENCY:
ACTION:
Notice.
The Charter for the Taxpayer
Advocacy Panel Committee (TAP), has
been renewed for a two-year period
beginning February 16, 2022.
SUMMARY:
Ms.
Terrie English, Taxpayer Advocacy
Panel Director, at
TaxpayerAdvocacyPanel@irs.gov. For
questions about TAP, call the TAP tollfree number, 1–888–912–1227.
FOR FURTHER INFORMATION CONTACT:
Notice is
hereby given under section 10(a)(2) of
the Federal Advisory Committee Act, 5
U.S.C. App. (1988), and with the
approval of the Secretary of the
Treasury to announce the charter
renewal for the Taxpayer Advocacy
Panel Committee (TAP). The TAP
purpose is to provide a taxpayer
perspective to the Internal Revenue
Service (IRS) on critical tax
administrative programs. The TAP shall
provide listening opportunities for
taxpayers to independently identify
suggestions or comments to improve IRS
customer service through grass roots
outreach efforts, and have direct access
to elevate improvement
recommendations to the appropriate
operating divisions. The TAP shall also
serve as a focus group to provide
suggestions and/or recommendations
directly to IRS management on IRS
strategic initiatives.
SUPPLEMENTARY INFORMATION:
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Federal Register / Vol. 87, No. 37 / Thursday, February 24, 2022 / Notices
Dated: February 18, 2022.
Kevin Brown,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2022–03928 Filed 2–23–22; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Recruitment Notice for the Taxpayer
Advocacy Panel: Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice; correction.
AGENCY:
In the Federal Register notice
that was originally published on
February 14, 2022, the language
describing International Taxpayers is
being replaced with: For these purposes,
‘‘international taxpayers’’ are broadly
defined to include U.S. citizens
working, living, or doing business
abroad. All other meeting details remain
unchanged.
DATES: February 14, 2022, through April
8, 2022.
FOR FURTHER INFORMATION CONTACT: Lisa
Billups at 214–413–6523 (not a toll-free
call).
SUPPLEMENTARY INFORMATION:
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SUMMARY:
Correction
In the Federal Register of February
14, 2022, in FR Doc. 2022–03024, on
page 8340, the language describing
International Taxpayers is being
replaced to read:
Notice is hereby given that the
Department of the Treasury and the
Internal Revenue Service (IRS) are
inviting individuals to help improve the
nation’s tax agency by applying to be
members of the Taxpayer Advocacy
Panel (TAP). The mission of the TAP is
to listen to taxpayers, identify issues
that affect taxpayers, and make
suggestions for improving IRS service
and customer satisfaction. The TAP
serves as an advisory body to the
Secretary of the Treasury, the
Commissioner of Internal Revenue, and
the National Taxpayer Advocate. TAP
members will participate in
subcommittees that channel their
feedback to the IRS through the Panel’s
parent committee.
The IRS is seeking applicants who
have an interest in good government, a
personal commitment to volunteer
approximately 200 to 300 hours a year,
and a desire to help improve IRS
customer service. As a federal advisory
committee, TAP is required to have a
fairly balanced membership in terms of
the points of view represented. Thus,
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TAP membership represents a crosssection of the taxpaying public with at
least one member from each state, the
District of Columbia and Puerto Rico, in
addition to one member representing
international taxpayers. For these
purposes, ‘‘international taxpayers’’ are
broadly defined to include U.S. citizens
working, living, or doing business
abroad. Potential candidates must be
U.S. citizens, not a current employee of
any Bureau of the Treasury Department
or have worked for any Bureau of the
Treasury Department within the three
years of December 1 of the current year
and must pass a federal tax compliance
check and a Federal Bureau of
Investigation criminal background
investigation. Applicants who practice
before the IRS must be in good standing
with the IRS (meaning not currently
under suspension or disbarment).
Federally registered lobbyists cannot be
members of the TAP. The IRS is seeking
candidates in the following locations:
Alabama, Arkansas, Arizona, California,
Colorado, Florida, Iowa, Idaho, Illinois,
Indiana, Kentucky, Massachusetts,
Maine, Missouri, Mississippi, Montana,
North Carolina, North Dakota, New
Hampshire, New Mexico, Nevada, New
York, Ohio, Oklahoma, Oregon, Puerto
Rico, Rhode Island, South Carolina,
South Dakota, Texas, Vermont,
Wisconsin, and West Virginia. TAP
members are a diverse group of citizens
who represent the interests of taxpayers,
from their respective geographic
locations as well as taxpayers overall.
Members provide feedback from a
taxpayer’s perspective on ways to
improve IRS customer service and
administration of the federal tax system,
by identifying grassroots taxpayer
issues. Members should have good
communication skills and be able to
speak to taxpayers about TAP and its
activities, while clearly distinguishing
between TAP positions and their
personal viewpoints.
Interested applicants should visit the
TAP website at www.improveirs.org for
more information about TAP.
Applications may be submitted online
at www.usajobs.gov. For questions about
TAP membership, call the TAP toll-free
number, 1–888–912–1227 and select
prompt 5. Callers who are outside of the
U.S. should call 214–413–6523 (not a
toll-free call).
The opening date for submitting
applications is February 14, 2022, and
the deadline for submitting applications
is April 8, 2022. Interviews will be held.
The Department of the Treasury will
review the recommended candidates
and make final selections. New TAP
members will serve a three-year term
starting in December 2022. (Note:
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Highly ranked applicants not selected as
members may be placed on a roster of
alternates who will be eligible to fill
future vacancies that may occur on the
Panel.)
Questions regarding the selection of
TAP members may be directed to Lisa
Billups, Taxpayer Advocacy Panel,
Internal Revenue Service, 1111
Constitution Avenue NW, TA:TAP
Room 1509, Washington, DC 20224, or
214–413–6523 (not a toll-free call).
Dated: February 17, 2022.
Kevin Brown,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2022–03852 Filed 2–23–22; 8:45 am]
BILLING CODE P
DEPARTMENT OF THE TREASURY
Agreement for a Social Impact
Partnership Project
Department of the Treasury.
Notice.
AGENCY:
ACTION:
In accordance with the Social
Impact Partnerships to Pay for Results
Act (‘‘SIPPRA’’), the U.S. Department of
the Treasury (‘‘Treasury’’) and New
York City Mayor’s Office of Criminal
Justice (‘‘NYC–MOCJ’’) have entered
into an agreement for a social impact
partnership project (the ‘‘Project Grant
Agreement’’).
SUMMARY:
The
Project Grant Agreement contains the
following features:
(1) The outcome goals of the social
impact partnership project:
NYC–MOCJ’s Cure Violence Pay for
Success Project proposes the following
outcomes: Reduced shootings, reduced
victimization and reduced associated
medical (Medicaid) costs. NYC–MOCJ
expects the newly funded Cure Violence
neighborhoods to experience a 40
percent reduction in gunshot wound
hospitalizations each period. If
achieved, this reduction would lead to
a 40 percent decrease in federal
Medicaid spending.
(2) A description of each intervention
in the project:
NYC–MOCJ will expand their
evidence-based model of violence
interruption, the Cure Violence
program, to eight new program service
areas to reduce shootings and
hospitalizations over a five-year span by
targeting previously unserved
geographies and youth at the highest
risk for involvement in violence. The
Cure Violence model is a neighborhoodbased public health approach to gun
violence reduction that seeks to change
individual and community attitudes and
SUPPLEMENTARY INFORMATION:
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Agencies
[Federal Register Volume 87, Number 37 (Thursday, February 24, 2022)]
[Notices]
[Pages 10430-10431]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-03928]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Advisory Group to the Commissioner of Internal Revenue; Charter
Renewal
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Charter for the Taxpayer Advocacy Panel Committee (TAP),
has been renewed for a two-year period beginning February 16, 2022.
FOR FURTHER INFORMATION CONTACT: Ms. Terrie English, Taxpayer Advocacy
Panel Director, at [email protected]. For questions about
TAP, call the TAP toll-free number, 1-888-912-1227.
SUPPLEMENTARY INFORMATION: Notice is hereby given under section
10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988),
and with the approval of the Secretary of the Treasury to announce the
charter renewal for the Taxpayer Advocacy Panel Committee (TAP). The
TAP purpose is to provide a taxpayer perspective to the Internal
Revenue Service (IRS) on critical tax administrative programs. The TAP
shall provide listening opportunities for taxpayers to independently
identify suggestions or comments to improve IRS customer service
through grass roots outreach efforts, and have direct access to elevate
improvement recommendations to the appropriate operating divisions. The
TAP shall also serve as a focus group to provide suggestions and/or
recommendations directly to IRS management on IRS strategic
initiatives.
[[Page 10431]]
Dated: February 18, 2022.
Kevin Brown,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2022-03928 Filed 2-23-22; 8:45 am]
BILLING CODE 4830-01-P