Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 1099-DIV, 65646-65647 [2022-23644]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES 65646 Federal Register / Vol. 87, No. 209 / Monday, October 31, 2022 / Notices Abstract: This mandatory information collection covers the collection of data from operators of gas distribution pipeline systems for annual reports. Section 191.17 requires operators of gas distribution systems to submit an annual report by March 15, for the preceding calendar year. This revision includes updating the CGA DIRT root cause categories and removing data about manual service line shut-off valves and excess flow valves. Each year, gas distribution operators submit approximately 1,446 annual reports to PHMSA. The current estimated burden for operators to submit each report is 17.5 hours for an overall annual reporting burden of 25,305 hours [17.5 hours × 1,446 reports]. Because gas distribution operators are currently collecting and submitting data on excavation damage, PHMSA estimates that these respondents will incur a onetime effort of nine hours, per operator, to update their systems to accommodate the expanded data request. This will result in a one-time burden of 13,014 hours [1,446 reports × 9 hours]. PHMSA expects that it will take gas distribution operators an additional hour, annually, to add the newly expanded excavation damage data to their annual report submission. Therefore, over the course of the three-year approval for the information collection, the average increase to the annual report burden will be 4 hours [(9 hours + 3 hours)/3] each year. As a result, the annual reporting burden will increase from 17.5 hours to 21.5 hours per report. This will result in an estimated annual reporting burden of 31,089 hours [1,446 reports × 21.5 hours]. PHMSA is also revising the burden estimate to account for the elimination of the requirement to report EFV/shutoff valve data. PHMSA currently estimates that it takes gas distribution operators 1.5 hours, per report, to submit the total number of EFVs and shut-off valves installed and maintained in each calendar year. Therefore, the burden hour for this requirement is 2,169 hours [1.5 hours × 1,446 reports). PHMSA is proposing to eliminate this requirement which will result in a 2,169-hour burden reduction. Based on the revisions discussed above, the burden hour estimate for the gas distribution annual report will be 20 hours [17.5 hours (current) + 4 hours (DIRT revisions)—1.5 hours (eliminated EFV/shut-off valve data)] for a total annual burden of 28,920 hours [20 hours × 1,446 reports]. Affected Public: Operators of gas distribution pipeline systems. Annual Reporting and Recordkeeping Burden: VerDate Sep<11>2014 17:15 Oct 28, 2022 Jkt 259001 Estimated number of responses: 1,446. Estimated annual burden hours: 28,920. Frequency of Collection: Annually. 5. Title: Incident Reports for Natural Gas Pipeline Operators. OMB Control Number: 2137–0635. Current Expiration Date: 5/31/2024. Type of Request: Revision. Abstract: This mandatory information collection covers the collection of incident data from operators of gas distribution systems (form PHMSA F 7100.1, ‘‘Incident Report—Gas Distribution Systems’’), gas transmission and gathering systems (form PHMSA F 7100.2, ‘‘Incident Report—Gas Transmission and Gathering Systems’’), and liquefied natural gas facilities (PHMSA F 7100.3, ‘‘Incident Report— Liquefied Natural Gas (LNG) Facilities,’’ each under OMB Control No. 2137– 0635). Part 191 requires these operators to submit incident reports when certain criteria are met. This revision includes changes to form PHMSA F 7100.1, ‘‘Incident Report—Gas Distribution Systems,’’ to collect more state one-call law exemption data and update the CGA DIRT questions. In the ‘‘Incident Report—Gas Transmission and Gathering Systems’’ form, this revision includes changing the name of the form, collecting more state one-call law exemption data, and updating the CGA DIRT questions. In all three incident reports, this revision includes collecting the local time and date of the event as well as the ‘‘confirmed discovery.’’ PHMSA does not expect operators to incur additional time due to these revisions. PHMSA expects the current time estimated for this information collection to be sufficient for affected operators to include the newly required information. Affected Public: Gas pipeline operators, operators of underground natural gas, and operators of liquefied natural gas facilities. Annual Reporting and Recordkeeping Burden: Estimated Number of Responses: 259. Estimated Annual Burden Hours: 3,108. Frequency of Collection: On occasion. Comments are invited on: (a) The need for the renewal and revision of this collection of information for the proper performance of the functions of the Agency, including whether the information will have practical utility; (b) The accuracy of the Agency’s estimate of the burden of the proposed collection of information, (c) Ways to enhance the quality, utility, and clarity of the information to be collected; and PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 (d) Ways to minimize the burden of the collection of information on those who are required to respond, including the use of appropriate automated, electronic, mechanical, or other technological collection techniques. Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. chapter 35, as amended; and 49 CFR 1.48. Issued in Washington, DC, on October 25, 2022, under authority delegated in 49 CFR 1.97. Alan K. Mayberry, Associate Administrator for Pipeline Safety. [FR Doc. 2022–23627 Filed 10–28–22; 8:45 am] BILLING CODE 4910–60–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 1099–DIV 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 Form 1099–DIV, Dividends and Distributions. DATES: Written comments should be received on or before December 30, 2022 to be assured of consideration. ADDRESSES: Direct all written comments to Andre´s Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or by email to pra.comments@irs.gov. Please include, ‘‘OMB Number: 1545– 0110—Public Comment Request Notice’’ in the Subject line. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Ronald J. Durbala, at (202) 317–5746, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at RJoseph.Durbala@irs.gov. SUPPLEMENTARY INFORMATION: Title: Dividends and Distributions. OMB Number: 1545–0110. Regulation Project Number: Form 1099–DIV. SUMMARY: E:\FR\FM\31OCN1.SGM 31OCN1 khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 87, No. 209 / Monday, October 31, 2022 / Notices Abstract: Form 1099–DIV is used by the IRS to ensure that dividends are properly reported as required by Internal Revenue Code section 6402, that liquidation distributions are correctly reported as required by Internal Revenue Code section 6403, and to determine whether payees are correctly reporting their income. Current Actions: There is an increase in the estimated number of respondents previously approved by OMB. Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit groups. Estimated Number of Respondents: 89,588,000. Estimated Time per Respondent: 28 minutes. Estimated Total Annual Burden Hours: 42,106,360. 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 VerDate Sep<11>2014 17:15 Oct 28, 2022 Jkt 259001 collection; they will also become a matter of public record. Approved: October 26, 2022. Ronald J. Durbala, IRS Tax Analyst. [FR Doc. 2022–23644 Filed 10–28–22; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Proposed Collection; Comment Request; Emergency Rental Assistance Program (ERA2) Office of Recovery Programs, Departmental Offices, U.S. Department of the Treasury. ACTION: Notice of information collection; request for comment. AGENCY: 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 comment on the proposed information collections listed below, in accordance with the Paperwork Reduction Act of 1995. DATES: Comments should be received on or before December 30, 2022 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to Melody Braswell, Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8100, Washington, DC 20220, or email at PRA@treasury.gov. Copies of the submissions may be obtained from Haley Adams by emailing haley.adams@treasury.gov or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Title: Emergency Rental Assistance Program (ERA2). OMB Control Number: 1505–0270. Type of Review: Extension of a previously approved collection. Description: On March 11, 2021, the President signed the American Rescue Plan Act of 2021 (the ‘‘Act’’) into law. The Act authorizes the Secretary of the Treasury to disburse $21.55 billion of Emergency Rental Assistance (ERA2) to States, the District of Columbia, U.S. Territories, and certain local governments with more than 200,000 residents (collectively, ‘‘grantees’’) to provide financial assistance and housing stability services to eligible households. Beginning on October 1, 2022, eligible ERA2 grantees that have obligated 75% of the ERA2 funds allocated to them may also use their SUMMARY: PO 00000 Frm 00080 Fmt 4703 Sfmt 4703 65647 remaining unobligated funds on other affordable rental housing and eviction prevention activities, as defined by the Secretary, serving very low-income families. The Act requires Treasury to reallocate funds initially allocated, but not yet paid, to eligible grantees, according to a procedure established by Treasury. Pursuant to the reallocation procedure Treasury has established, Treasury identifies funds subject to reallocation on a quarterly basis and refers to them as ‘‘excess funds.’’ To identify the eligible grantees interested in receiving reallocated funds, Treasury solicits Request for Reallocation forms through its ERA2 program portal, which capture the amount of each grantee’s request as well as information confirming that a requesting grantee meets certain eligibility requirements, including the statutory requirement that a grantee obligate at least 50% of its initial ERA2 allocation before receiving reallocated funds. In addition to confirming grantees’ eligibility to receive reallocated funds, the reallocation forms on Treasury’s ERA2 portal allow Treasury to collect information needed to determine which grantees to prioritize in the distribution of reallocated funds. Treasury’s prioritization calculation considers: whether potential recipient grantees are located in the same state as transferor grantees; potential recipient grantees’ rate of expenditure; and potential recipient grantees’ jurisdictional needs. Pursuant to Treasury’s ERA2 program guidance, starting with reallocation based on data as of June 30, 2022 (known as the Quarter 2 Assessment), Treasury will also prioritize, among eligible grantees, those grantees that have expended non-ERA funds, including State and Local Fiscal Recovery Funds, for rental or utility assistance substantially similar to eligible uses under ERA1 1 or ERA2 since the enactment of the ERA1 statute on December 27, 2020, in an amount exceeding 20% of their initial ERA2 allocation. To receive this prioritization, a grantee must submit to Treasury a certification of, among other things, the amount of non-ERA funding expended on rental or utility assistance substantially similar to eligible uses under ERA1 or ERA2, the sources of these expenditures, and the number of households served. To implement this prioritization system for the Quarter 2 Assessment and subsequent reallocation 1 ‘‘ERA1’’ refers to the Emergency Rental Assistance program authorized by the Consolidated Appropriations Act, 2021, Pub. L. 116–260, section 501, 134 Stat. 2069 (Dec. 27, 2020). E:\FR\FM\31OCN1.SGM 31OCN1

Agencies

[Federal Register Volume 87, Number 209 (Monday, October 31, 2022)]
[Notices]
[Pages 65646-65647]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-23644]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Extension of Information Collection Request Submitted 
for Public Comment; Comment Request for Form 1099-DIV

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: 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 Form 1099-DIV, Dividends and Distributions.

DATES: Written comments should be received on or before December 30, 
2022 to be assured of consideration.

ADDRESSES: Direct all written comments to Andr[eacute]s Garcia, 
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, 
Washington, DC 20224, or by email to [email protected]. Please 
include, ``OMB Number: 1545-0110--Public Comment Request Notice'' in 
the Subject line.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Ronald J. 
Durbala, at (202) 317-5746, at Internal Revenue Service, Room 6526, 
1111 Constitution Avenue NW, Washington, DC 20224, or through the 
internet at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Dividends and Distributions.
    OMB Number: 1545-0110.
    Regulation Project Number: Form 1099-DIV.

[[Page 65647]]

    Abstract: Form 1099-DIV is used by the IRS to ensure that dividends 
are properly reported as required by Internal Revenue Code section 
6402, that liquidation distributions are correctly reported as required 
by Internal Revenue Code section 6403, and to determine whether payees 
are correctly reporting their income.
    Current Actions: There is an increase in the estimated number of 
respondents previously approved by OMB.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Business or other for-profit groups.
    Estimated Number of Respondents: 89,588,000.
    Estimated Time per Respondent: 28 minutes.
    Estimated Total Annual Burden Hours: 42,106,360.
    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: October 26, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022-23644 Filed 10-28-22; 8:45 am]
BILLING CODE 4830-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.