Agency Information Collection Activity: VA-Guaranteed Home Loan Cash-Out Refinance Loan Comparison Disclosure, 64860-64861 [2022-23227]

Download as PDF lotter on DSK11XQN23PROD with NOTICES1 64860 Federal Register / Vol. 87, No. 206 / Wednesday, October 26, 2022 / Notices Title: Notices Relating to Payment of Firearms and Ammunition Excise Tax by Electronic Funds Transfer. Abstract: Under the IRC at 26 U.S.C. 6302, TTB collects the firearms and ammunition excise tax imposed by 26 U.S.C. 4181 on the basis of a return that taxpayers file on a quarterly basis. That section also authorizes the Secretary to issue regulations concerning the payment of taxes by electronic funds transfer (EFT). Under the TTB regulations in 27 CFR part 53, persons who elect to begin or discontinue payment of firearms and ammunition excise taxes by EFT must submit a written notice to TTB regarding such actions. TTB uses those notifications to anticipate and monitor firearms and ammunition excise tax payments to ensure compliance with Federal law. Current Actions: There are no program changes associated with this information collection, and TTB is submitting it for extension purposes only. As for adjustments, due to a change in agency estimates, TTB is increasing the per-response and total burden for this collection. The number of respondents and responses remain the same as previously reported. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profits. Number of Respondents: 10. Average Responses per Respondent: 1 (one). Number of Responses: 10. Average Per-response Burden: 24 minutes. Total Burden: 4 hours. 17. OMB Control No. 1513–0098. Title: Supporting Data for Nonbeverage Drawback Claims. TTB Form Number: TTB F 5154.2. Abstract: Under the IRC at 26 U.S.C. 5111–5114 and 7652(g), persons using distilled spirits to produce medicines, medicinal preparations, food products, flavors, flavoring extracts, or perfume may claim drawback (refund) of all but $1.00 per proof gallon of the Federal excise tax paid on the distilled spirits used to make such nonbeverage products, subject to regulations prescribed by the Secretary. As required by the TTB regulations in 27 CFR parts 17 and 26, when submitting nonbeverage product drawback claims to TTB, respondents are required to report certain supporting data regarding the distilled spirits used and the products produced, using form TTB F 5154.2. TTB uses the collected information to ensure that drawback of Federal excise tax is provided only to eligible entities. VerDate Sep<11>2014 17:37 Oct 25, 2022 Jkt 259001 Current Actions: There are no program changes to this information collection, and TTB is submitting it for extension purposes only. As for adjustments, due to changes in agency estimates, TTB is decreasing the number of respondents, responses, and burden hours associated with this collection. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profits. Number of Respondents: 500. Average Responses per Respondent: 4 (on occasion). Number of Responses: 2,000. Average Per-response Burden: 1 hour. Total Burden: 2,000. 18. OMB Control No. 1513–0106. Title: Record of Operations—Importer of Tobacco Products or Processed Tobacco. Abstract: The IRC at 26 U.S.C. 5741 requires all manufacturers and importers of tobacco products, processed tobacco, and cigarette papers and tubes, and all export warehouse proprietors to keep records as the Secretary prescribes by regulation. Under that authority, the TTB regulations in 27 CFR part 41 require importers of tobacco products or processed tobacco to maintain the usual and customary business showing the receipt and disposition of imported tobacco products or processed tobacco. TTB uses the collected information to ensure that importers’ activities comply with the IRC and that processed tobacco, which is not taxed, is not diverted to taxable tobacco product manufacturing. Current Actions: There are no program changes to this information collection, and TTB is submitting it for extension purposes only. As for adjustments, due to a change in agency estimates, TTB is decreasing the estimated number of respondents and responses to this collection. However, there is no corresponding increase in the burden hours for this collection as it consists of usual and customary business records, which impose no additional burden on respondents per the OMB regulations at 5 CFR 1320.3(b)(2). Type of Review: Extension of a currently approved collection. Affected Public: Businesses and other for-profits. Number of Respondents: 350. Average Responses per Respondent: 1 (one). Number of Responses: 350. Average Per-response and Total Burden: None. Per the Office of Management and Budget (OMB) regulations at 5 CFR 1320.3(b)(2), PO 00000 Frm 00107 Fmt 4703 Sfmt 4703 regulatory requirements to keep usual and customary business records impose no added burden on respondents). Authority: 44 U.S.C. 3501 et seq. Melody Braswell, Treasury PRA Clearance Officer. [FR Doc. 2022–23302 Filed 10–25–22; 8:45 am] BILLING CODE 4810–31–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0875] Agency Information Collection Activity: VA-Guaranteed Home Loan Cash-Out Refinance Loan Comparison Disclosure Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: Veterans Benefits Administration, Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice. DATES: Written comments and recommendations on the proposed collection of information should be received on or before December 27, 2022. ADDRESSES: Submit written comments on the collection of information through Federal Docket Management System (FDMS) at www.Regulations.gov or to Nancy J. Kessinger, Veterans Benefits Administration (20M33), Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC 20420 or email to nancy.kessinger@va.gov. Please refer to ‘‘OMB Control No. 2900–0875’’ in any correspondence. During the comment period, comments may be viewed online through FDMS. FOR FURTHER INFORMATION CONTACT: Maribel Aponte, Office of Enterprise and Integration, Data Governance Analytics (008), 810 Vermont Ave. NW, Washington, DC 20006, (202) 266–4688 or email maribel.aponte@va.gov. Please refer to ‘‘OMB Control No. 2900–0875’’ in any correspondence. SUPPLEMENTARY INFORMATION: Under the PRA of 1995, Federal agencies must obtain approval from the Office of SUMMARY: E:\FR\FM\26OCN1.SGM 26OCN1 Federal Register / Vol. 87, No. 206 / Wednesday, October 26, 2022 / Notices lotter on DSK11XQN23PROD with NOTICES1 Management and Budget (OMB) for each collection of information they conduct or sponsor. This request for comment is being made pursuant to Section 3506(c)(2)(A) of the PRA. With respect to the following collection of information, VBA invites comments on: (1) whether the proposed collection of information is necessary for the proper performance of VBA’s functions, including whether the information will have practical utility; (2) the accuracy of VBA’s estimate of the burden of the proposed collection of information; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or VerDate Sep<11>2014 17:37 Oct 25, 2022 Jkt 259001 the use of other forms of information technology. Authority: Public Law 115–174; 38 CFR 36.4306. Title: VA-Guaranteed Home Loan Cash-out Refinance Loan Comparison Disclosure OMB Control Number: 2900–0875. Type of Review: Extension of a currently approved collection. Abstract: All-VA guaranteed cash-out refinancing loans must comply with the Act and AQ42. All refinancing loan applications taken on or after the effective date that do not meet the following requirements may be subject to indemnification or the removal of the guaranty. Failure to provide initial disclosures to the Veteran within 3 business days from the initial application date and at closing may result in indemnification of the loan up PO 00000 Frm 00108 Fmt 4703 Sfmt 9990 64861 to 5 years. There are three categories of refinance loans; Interest Rate Reduction Refinancing Loans (IRRRL), TYPE I Cash-Out Refinance, and TYPE II CashOut Refinance. Affected Public: Individuals and households. Estimated Annual Burden: 40,000 hours. Estimated Average Burden per Respondent: 5 minutes. Frequency of Response: On occasion. Estimated Number of Respondents: 480,000. By direction of the Secretary. Maribel Aponte, VA PRA Clearance Officer, Office of Enterprise and Integration/Data Governance Analytics, Department of Veterans Affairs. [FR Doc. 2022–23227 Filed 10–25–22; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\26OCN1.SGM 26OCN1

Agencies

[Federal Register Volume 87, Number 206 (Wednesday, October 26, 2022)]
[Notices]
[Pages 64860-64861]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-23227]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0875]


Agency Information Collection Activity: VA-Guaranteed Home Loan 
Cash-Out Refinance Loan Comparison Disclosure

AGENCY: Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION: Notice.

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

SUMMARY: Veterans Benefits Administration, Department of Veterans 
Affairs (VA), is announcing an opportunity for public comment on the 
proposed collection of certain information by the agency. Under the 
Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to 
publish notice in the Federal Register concerning each proposed 
collection of information, including each proposed extension of a 
currently approved collection, and allow 60 days for public comment in 
response to the notice.

DATES:  Written comments and recommendations on the proposed collection 
of information should be received on or before December 27, 2022.

ADDRESSES: Submit written comments on the collection of information 
through Federal Docket Management System (FDMS) at www.Regulations.gov 
or to Nancy J. Kessinger, Veterans Benefits Administration (20M33), 
Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC 
20420 or email to [email protected]. Please refer to ``OMB Control 
No. 2900-0875'' in any correspondence. During the comment period, 
comments may be viewed online through FDMS.

FOR FURTHER INFORMATION CONTACT: Maribel Aponte, Office of Enterprise 
and Integration, Data Governance Analytics (008), 810 Vermont Ave. NW, 
Washington, DC 20006, (202) 266-4688 or email [email protected]. 
Please refer to ``OMB Control No. 2900-0875'' in any correspondence.

SUPPLEMENTARY INFORMATION: Under the PRA of 1995, Federal agencies must 
obtain approval from the Office of

[[Page 64861]]

Management and Budget (OMB) for each collection of information they 
conduct or sponsor. This request for comment is being made pursuant to 
Section 3506(c)(2)(A) of the PRA.
    With respect to the following collection of information, VBA 
invites comments on: (1) whether the proposed collection of information 
is necessary for the proper performance of VBA's functions, including 
whether the information will have practical utility; (2) the accuracy 
of VBA's estimate of the burden of the proposed collection of 
information; (3) ways to enhance the quality, utility, and clarity of 
the information to be collected; and (4) ways to minimize the burden of 
the collection of information on respondents, including through the use 
of automated collection techniques or the use of other forms of 
information technology.
    Authority: Public Law 115-174; 38 CFR 36.4306.
    Title: VA-Guaranteed Home Loan Cash-out Refinance Loan Comparison 
Disclosure
    OMB Control Number: 2900-0875.
    Type of Review: Extension of a currently approved collection.
    Abstract: All-VA guaranteed cash-out refinancing loans must comply 
with the Act and AQ42. All refinancing loan applications taken on or 
after the effective date that do not meet the following requirements 
may be subject to indemnification or the removal of the guaranty. 
Failure to provide initial disclosures to the Veteran within 3 business 
days from the initial application date and at closing may result in 
indemnification of the loan up to 5 years. There are three categories 
of refinance loans; Interest Rate Reduction Refinancing Loans (IRRRL), 
TYPE I Cash-Out Refinance, and TYPE II Cash-Out Refinance.
    Affected Public: Individuals and households.
    Estimated Annual Burden: 40,000 hours.
    Estimated Average Burden per Respondent: 5 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 480,000.

    By direction of the Secretary.
Maribel Aponte,
VA PRA Clearance Officer, Office of Enterprise and Integration/Data 
Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2022-23227 Filed 10-25-22; 8:45 am]
BILLING CODE 8320-01-P
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