Proposed Collection; Comment Request for Revenue Procedure 2014-49, 32821 [2023-10865]

Download as PDF Federal Register / Vol. 88, No. 98 / Monday, May 22, 2023 / Notices FOR FURTHER INFORMATION CONTACT: Department of the Treasury, Bureau of the Fiscal Service, Disbursing and Debt Management, E-Commerce Division (LC–RM 349B), 3201 Pennsy Drive, Building E, Landover, MD 20785 (Telephone: 202–874–9428). SUPPLEMENTARY INFORMATION: The rate reflects the Current Value of Funds to the Treasury for use in connection with Federal Cash Management systems and is based on investment rates set for purposes of Public Law 95–147, 91 Stat.1227 (October 28, 1977). The Treasury Office of Debt Management provides the annual Interest Rate Factors used in determining the Current Value of Funds Rate, which are based on weekly average of the Effective Federal Funds Rate, less 25 basis points for the 12-month period ending every September 30. The Current Value of Funds Rate is rounded to the nearest whole percentage and becomes effective each January 1. Quarterly revisions are made if the annual average, on a moving basis, changes by 2 percentage points or more. The previous notice of rate to be used for Federal debt collection, and discount and rebate evaluation, dated November 21, 2022, announced the rate of 1.00 percent for calendar year 2023. However, with the quarter ending March 30, 2023, the 12-month moving average investment rate increased by 2 percent. Therefore, Treasury is revising the Current Value of Funds Rate for the remainder of calendar year 2023. The percentage rate to be applied during the period April 1, 2023, through December 31, 2023, is 3.00 percent. Authority: 31 U.S.C. 3717. Linda Claire Chero, Assistant Commissioner, Disbursing and Debt Management and Chief Disbursing Officer. [FR Doc. 2023–10814 Filed 5–19–23; 8:45 am] BILLING CODE 4810–AS–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 2014– 49 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. ddrumheller on DSK120RN23PROD with NOTICES1 AGENCY: The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on information SUMMARY: VerDate Sep<11>2014 18:54 May 19, 2023 Jkt 259001 collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Disaster Relief. DATES: Written comments should be received on or before July 21, 2023 to be assured of consideration. ADDRESSES: Direct all written comments to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or by email to pra.comments@irs.gov. Include ‘‘OMB Number 1545–2237– Disaster Relief’’ in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this collection should be directed to Martha R. Brinson, at (202) 317–5753, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: Disaster Relief. OMB Number: 1545–2237. Revenue Procedure Number: 2014–49. Abstract: This revenue procedure establishes a procedure for temporary relief from certain requirements of § 42 of the Internal Revenue Code for owners of low-income buildings (Owners) and housing credit agencies of States or possessions of the United States (Agencies) affected by major disaster areas declared by the President under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, 42 U.S.C. 5121 et seq. (Stafford Act). Current Actions: There are no changes in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Individuals and households. Estimated Number of Respondents: 3,500. Estimated Time per Respondent: 30 mins. Estimated Total Annual Burden Hours: 1,750. The following paragraph applies to all of 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 as long as 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. PO 00000 Frm 00101 Fmt 4703 Sfmt 4703 32821 Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. Comments will be of public record. Comments are invited on: (a) whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) the accuracy of the agency’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 of information on 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. Approved: May 12, 2023. Martha R. Brinson, Tax Analyst. [FR Doc. 2023–10865 Filed 5–19–23; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Requirements for Investments to Qualify under section 936(d)(4) as Investments in Qualified Caribbean Basin Countries. DATES: Written comments should be received on or before July 21, 2023 to be assured of consideration. ADDRESSES: Direct all written comments to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or by email to pra.comments@irs.gov. Include ‘‘OMB Number 1545–1138— Requirements for Investments to Qualify under section 936(d)(4) as Investments in Qualified Caribbean Basin Countries’’ in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this collection should be SUMMARY: E:\FR\FM\22MYN1.SGM 22MYN1

Agencies

[Federal Register Volume 88, Number 98 (Monday, May 22, 2023)]
[Notices]
[Page 32821]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-10865]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2014-
49

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service (IRS), as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on information collections, as required by the Paperwork Reduction Act 
of 1995. The IRS is soliciting comments concerning Disaster Relief.

DATES: Written comments should be received on or before July 21, 2023 
to be assured of consideration.

ADDRESSES: Direct all written comments to Andres Garcia, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or by email to [email protected]. Include ``OMB Number 1545-
2237-Disaster Relief'' in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this collection should be directed to Martha R. Brinson, at 
(202) 317-5753, or at Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Disaster Relief.
    OMB Number: 1545-2237.
    Revenue Procedure Number: 2014-49.
    Abstract: This revenue procedure establishes a procedure for 
temporary relief from certain requirements of Sec.  42 of the Internal 
Revenue Code for owners of low-income buildings (Owners) and housing 
credit agencies of States or possessions of the United States 
(Agencies) affected by major disaster areas declared by the President 
under the Robert T. Stafford Disaster Relief and Emergency Assistance 
Act, 42 U.S.C. 5121 et seq. (Stafford Act).
    Current Actions: There are no changes in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and households.
    Estimated Number of Respondents: 3,500.
    Estimated Time per Respondent: 30 mins.
    Estimated Total Annual Burden Hours: 1,750.
    The following paragraph applies to all of 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 as long as 
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.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. 
Comments will be of public record. Comments are invited on: (a) whether 
the collection of information is necessary for the proper performance 
of the functions of the agency, including whether the information has 
practical utility; (b) the accuracy of the agency'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 of information on 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.

    Approved: May 12, 2023.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2023-10865 Filed 5-19-23; 8:45 am]
BILLING CODE 4830-01-P


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