Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service (IRS) Information Collection Requests, 59163-59164 [2022-21158]

Download as PDF Federal Register / Vol. 87, No. 188 / Thursday, September 29, 2022 / Notices quantification of such risks, the extent of existing private market insurance protection for such risks, whether a federal insurance response is warranted, and how such a federal insurance response, if warranted, should be structured. II. Solicitation for Comments FIO seeks comments on each of the following topics: Catastrophic Cyber Incidents 1. Nature of Event. What type of cyber incidents could have a catastrophic effect on U.S. critical infrastructure? How likely are such incidents? Are particular sectors of U.S. critical infrastructure more susceptible to such incidents? How should the federal government and/or the insurance industry address the potential for cascading, cross-sector impacts from a cyber incident? What type of potential ‘‘catastrophic’’ cyber incident could justify the creation of a federal insurance response? 2. Measuring Financial and Insured Losses. What data and methodologies could the federal government and/or the insurance industry use to predict, measure and assess the financial impact of catastrophic cyber incidents? What amount of financial losses should be deemed ‘‘catastrophic’’ for purposes of any potential federal insurance response? How should FIO measure and assess potential insured loss from catastrophic cyber incidents? 3. Cybersecurity Measures. What cybersecurity measures would most effectively reduce the likelihood or magnitude of catastrophic cyber incidents? What steps could the federal government take to potentially incentivize or require policyholders to adopt these measures? Potential Federal Insurance Response for Catastrophic Cyber Incidents khammond on DSKJM1Z7X2PROD with NOTICES 4. Insurance Coverage Availability. What insurance coverage is currently available for catastrophic cyber incidents? What are the current limitations on coverage for catastrophic cyber incidents? What rationales have been (or likely would be) used to deny previously identified those critical infrastructure sectors whose ‘‘assets, systems, and networks, whether physical or virtual, are considered so vital to the United States that their incapacitation or destruction would have a debilitating effect on security, national economic security, national public health or safety, or any combination thereof.’’ CISA, ‘‘Critical Infrastructure Sectors,’’ https://www.cisa.gov/critical-infrastructure-sectors. FIO also seeks comment (see Question 8, below) about the potential effects of a federal insurance response that distinguishes between risks to critical infrastructure and non-critical infrastructure. VerDate Sep<11>2014 17:52 Sep 28, 2022 Jkt 256001 coverage for catastrophic cyber incidents? Is the private market currently making available insurance for catastrophic cyber incidents that is desired by policyholders, in terms of the limits, the scope of coverage, and the type and size of businesses seeking coverage? 5. Data and Research. What data do you collect that you would be willing to share with FIO and/or CISA to consider in their assessment of catastrophic cyber incidents and cyber insurance? What other information regarding catastrophic cyber incidents and cyber insurance should FIO and CISA consider? What data should FIO and/or CISA consider collecting to help inform this assessment and their ongoing work? 6. Federal Insurance Response. Is a federal insurance response for catastrophic cyber incidents warranted? Why or why not? 7. Potential Structures for Federal Insurance Response. What structures should be considered by FIO and CISA for a potential federal insurance response for catastrophic cyber incidents? In your answer, please address: • Potential Models. Should an existing federal insurance program (e.g., NFIP or TRIP) or other U.S. or international public-private insurance mechanism serve as a model for, or be modified to address, catastrophic cyber incidents? • Participation. If there were a federal insurance response, should all cyber insurers be required to participate? Should there be other conditions surrounding participation, whether for cyber insurance or policyholders? • Scope of Coverage. What should be included in the scope of coverage? For example, should it be limited to certain critical infrastructure sectors, size(s) of policyholder permitted to participate, policyholder retentions or deductibles, any required coverages, limits, deductibles, etc.? Should coverage be limited to or differentiate whether a firm is U.S.-based or the infrastructure is located within the U.S.? • Cybersecurity Measures. Should cybersecurity and/or cyber hygiene measures be required of policyholders under the structure? If so, which measures should be required? • Moral Hazard. What measures should be included to minimize potential moral hazard risks (e.g., the possibility that either insurers or policyholders might take undue risks in reliance upon a federal insurance response or fail to implement cybersecurity controls)? • Risk Sharing. How should any structure involving private insurance PO 00000 Frm 00126 Fmt 4703 Sfmt 4703 59163 address risk sharing with the government and the private insurance sector? • Reinsurance/Capital Markets. To what extent should reinsurance arrangements, including capital markets participation, be included in any potential insurance response? How would a potential federal insurance response affect the reinsurance and capital markets? • Funding. How should the structure be funded (e.g., should it be pre- or postfunded)? What might the costs be to the federal government and thus the potential impact on taxpayers? • Evaluation/Data Collection. How should any structure and its program administration be evaluated on an ongoing basis, whether by policymakers and/or administrators, including whether there should be reporting requirements to Congress or other authorities (and on what topics) and data collection (and which information to collect)? • Limitations. What catastrophic risk exposures might insurers be unwilling to insure even if a federal insurance response supporting such coverage were adopted? Should limitations exist between cyber and physical incidents (e.g., causes or impacts)? 8. Effects on Cyber Insurance Market. How might a federal insurance response affect the availability and affordability of cyber insurance across the entire insurance market? What would be the effect on any part of the cyber insurance market that would remain outside the parameters of a federal insurance response? Other 9. Please provide any additional comments or information on any other issues or topics relating to cyber insurance and catastrophic cyber incidents. Steven E. Seitz, Director, Federal Insurance Office. [FR Doc. 2022–21133 Filed 9–28–22; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service (IRS) Information Collection Requests Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. AGENCY: The Department of the Treasury will submit the following SUMMARY: E:\FR\FM\29SEN1.SGM 29SEN1 59164 Federal Register / Vol. 87, No. 188 / Thursday, September 29, 2022 / Notices 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. Comments should be received on or before October 31, 2022 to be assured of consideration. DATES: 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. Copies of the submissions may be obtained from Melody Braswell by emailing PRA@ treasury.gov, calling (202) 622–1035, or viewing the entire information collection request at www.reginfo.gov. ADDRESSES: SUPPLEMENTARY INFORMATION: Internal Revenue Service (IRS) khammond on DSKJM1Z7X2PROD with NOTICES 1. Title: Enhanced Oil Recovery Credit OMB Number: 1545–1292. Form Number: 8830. Abstract: This regulation provides guidance concerning the costs subject to the enhanced oil recovery credit, the circumstances under which the credit is available, and procedures for certifying to the Internal Revenue Service that a project meets the requirements of section 43(c) of the Internal Revenue Code. Current Actions: There are no changes being made to the regulations, at this time. Form 8830 was not issued for 2019–2020 because the section 43 credit was completely phased out and the form was not needed due to the continued high price of crude oil; however, it will apply again for tax years beginning in 2021. The changes made to Form 8830, reflect Notice 2021–47. This will increase the number of responses by 1,550 and annual burden by 11,067 hours. Type of Review: Revision of a currently approved collection. Affected Public: Individuals or households, and business or other forprofit organizations. Estimated Number of Respondents: 1,590. Estimated Time per Respondent: 7.87 hours. Estimated Total Annual Burden Hours: 12,527. VerDate Sep<11>2014 17:52 Sep 28, 2022 Jkt 256001 2. Title: Testimony or Production of Records in a Court or Other Proceeding OMB Number: 1545–1850. Regulation Project Number: TD 9178. Abstract: Final regulation provide specific instructions and to clarify the circumstances under which more specific procedures take precedence. The final regulation extends the application of the regulation to former IRS officers and employees as well as to persons who are or were under contract to the IRS. The final regulation affects current and former IRS officers, employees and contractors, and persons who make requests or demands for disclosure. Type of Review: Extension of a currently approved collection. Affected Public: Businesses and other for-profit organizations, Individuals and households, Not-for-Profit institutions, and Farms. Estimated Number of Respondents: 1,400. Estimated Time per Respondent: 1 hour. Estimated Total Annual Burden Hours: 1,400. 3. Title: Intake/Interview & Quality Review Sheets OMB Number: 1545–1964. Form Numbers: 13614–C, 13614–C (AR), 13614–C (BN), 13614–C (BR), 13614–C (DE), 13614–C (FA), 13614–C (FR), 13614–C (GUJ), 13614–C (HT), 13614–C (IT) 13614–C (JA), 13614–C (KM), 13614–C (KO), 13614–C (LP), 13614–C (PA), 13614–C (PL), 13614–C (PT), 13614–C (RU), 13614–C (SO), 13614–C (SP), 13614–C (TL), 13614–C (UR), 13614–C (VIE), 13614–C (ZH–S) 13614–C (ZH–T), and 13614–NR. Abstract: The Form 13614 series contains a standardized list of required intake questions to guide volunteers in the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) programs in asking taxpayers basic questions about themselves. The form provides the volunteer with structured and consistent information to accurately prepare the taxpayer’s return. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households. Estimated Number of Responses: 3,750,000. Estimated Time per Respondent: 10 minutes. Estimated Total Annual Burden Hours: 625,000. PO 00000 Frm 00127 Fmt 4703 Sfmt 4703 Authority: 44 U.S.C. 3501 et seq. Melody Braswell, Treasury PRA Clearance Officer. [FR Doc. 2022–21158 Filed 9–28–22; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF VETERANS AFFAIRS Advisory Committee: National Academic Affiliations Council, Notice of Meeting, Amended The Department of Veterans Affairs (VA) gives notice under the Federal Advisory Committee Act, 5 U.S.C. app. 2, that a meeting of the National Academic Affiliations Council (NAAC) scheduled to be held September 28, 2022–September 29, 2022 at the Orlando VA Health Care System, 13800 Veterans Way, Orlando, FL, 32827 will be converted to a one-day virtual meeting session on September 28, 2022. The amendment resulted in a decision made by VA Leadership in anticipation of the hurricane and in accordance with Federal Emergency Management Agency guidance. Most topics initially scheduled for the two-day meeting agenda will be rescheduled for a future meeting. The purpose of the Council is to advise the Secretary on matters affecting partnerships between VA and its academic affiliates. On September 28, 2022, the Council will convene an open session from 1:00 p.m. to 3:00 p.m. The agenda will include a presentation on Innovative Academic Relationships: A National Perspective. The Council will also receive updates from the Diversity and Inclusion Subcommittee, the Strategic Academic Advisory Council (SAAC), VA’s Electronic Health Record Modernization Work Group related to education and research; and a status update from the Affiliation Partnership Council Subcommittee’s Disbursement Workgroup. Interested persons may attend and/or present oral statements to the Council. The dial in number to attend the conference call is: 669–254–5252. At the prompt, enter meeting ID 161 228 4971, then press #. The meeting passcode is 101465, then press #. Individuals seeking to present oral statements are invited to submit a 1–2 page summary of their comments at the time of the meeting for inclusion in the official meeting record. Oral presentations will be limited to five minutes or less, depending on the number of participants. Interested parties may also provide written comments for review by E:\FR\FM\29SEN1.SGM 29SEN1

Agencies

[Federal Register Volume 87, Number 188 (Thursday, September 29, 2022)]
[Notices]
[Pages 59163-59164]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-21158]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple Internal Revenue Service (IRS) 
Information Collection Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury will submit the following

[[Page 59164]]

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 October 31, 2022 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. Copies of 
the submissions may be obtained from Melody Braswell by emailing 
[email protected], calling (202) 622-1035, or viewing the entire 
information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Internal Revenue Service (IRS)

1. Title: Enhanced Oil Recovery Credit

    OMB Number: 1545-1292.
    Form Number: 8830.
    Abstract: This regulation provides guidance concerning the costs 
subject to the enhanced oil recovery credit, the circumstances under 
which the credit is available, and procedures for certifying to the 
Internal Revenue Service that a project meets the requirements of 
section 43(c) of the Internal Revenue Code.
    Current Actions: There are no changes being made to the 
regulations, at this time. Form 8830 was not issued for 2019-2020 
because the section 43 credit was completely phased out and the form 
was not needed due to the continued high price of crude oil; however, 
it will apply again for tax years beginning in 2021. The changes made 
to Form 8830, reflect Notice 2021-47. This will increase the number of 
responses by 1,550 and annual burden by 11,067 hours.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households, and business or other 
for-profit organizations.
    Estimated Number of Respondents: 1,590.
    Estimated Time per Respondent: 7.87 hours.
    Estimated Total Annual Burden Hours: 12,527.

2. Title: Testimony or Production of Records in a Court or Other 
Proceeding

    OMB Number: 1545-1850.
    Regulation Project Number: TD 9178.
    Abstract: Final regulation provide specific instructions and to 
clarify the circumstances under which more specific procedures take 
precedence. The final regulation extends the application of the 
regulation to former IRS officers and employees as well as to persons 
who are or were under contract to the IRS. The final regulation affects 
current and former IRS officers, employees and contractors, and persons 
who make requests or demands for disclosure.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses and other for-profit organizations, 
Individuals and households, Not-for-Profit institutions, and Farms.
    Estimated Number of Respondents: 1,400.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 1,400.

3. Title: Intake/Interview & Quality Review Sheets

    OMB Number: 1545-1964.
    Form Numbers: 13614-C, 13614-C (AR), 13614-C (BN), 13614-C (BR), 
13614-C (DE), 13614-C (FA), 13614-C (FR), 13614-C (GUJ), 13614-C (HT), 
13614-C (IT) 13614-C (JA), 13614-C (KM), 13614-C (KO), 13614-C (LP), 
13614-C (PA), 13614-C (PL), 13614-C (PT), 13614-C (RU), 13614-C (SO), 
13614-C (SP), 13614-C (TL), 13614-C (UR), 13614-C (VIE), 13614-C (ZH-S) 
13614-C (ZH-T), and 13614-NR.
    Abstract: The Form 13614 series contains a standardized list of 
required intake questions to guide volunteers in the Tax Counseling for 
the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) programs 
in asking taxpayers basic questions about themselves. The form provides 
the volunteer with structured and consistent information to accurately 
prepare the taxpayer's return.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households.
    Estimated Number of Responses: 3,750,000.
    Estimated Time per Respondent: 10 minutes.
    Estimated Total Annual Burden Hours: 625,000.

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

Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2022-21158 Filed 9-28-22; 8:45 am]
BILLING CODE 4830-01-P
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