Prompt Payment Interest Rate; Contract Disputes Act, 55501-55502 [2023-17450]

Download as PDF ddrumheller on DSK120RN23PROD with NOTICES1 Federal Register / Vol. 88, No. 156 / Tuesday, August 15, 2023 / Notices Endangered Species Act (16 U.S.C. 1531), Clean Water Act (33 U.S.C. 1251), Uniform Relocation and Real Property Acquisition Policies Act (42 U.S.C. 4601), and the Clean Air Act (42 U.S.C. 7401–7671q). This notice does not, however, alter or extend the limitation period for challenges of project decisions subject to previous notices published in the Federal Register. The projects and actions that are the subject of this notice follow: 1. Project name and location: East Campus Expansion, Indianapolis, Marion County, Indiana. Project Sponsor: Indianapolis Public Transportation Corporation (IndyGo), Indianapolis, Indiana. Project description: The East Campus Expansion project (Project) involves a real estate acquisition of a property (9625 East 33rd Street) by IndyGo located immediately adjacent to the Existing East Campus (9503 East 33rd Street). The Project will expand the Existing East Campus to provide capacity to meet current and future fleet needs, and to provide operational efficiencies for further implementing the Marion County Transit Plan. The Project includes a fleet terminal, operations center, maintenance facility, and a bus operator training track. The Project also involves construction of expanded surface parking for staff, meeting the American with Disabilities Act (ADA) standards, and associated infrastructure improvements. Final agency actions: Section 106 No Historic Properties Affected determination dated March 13, 2023, and determination of the applicability of a categorical exclusion pursuant to 23 CFR 771.118(d), dated June 12, 2023. Supporting documentation: Documented Categorical Exclusion (CE) and supporting materials, dated May 22, 2023. The CE and associated documents can be viewed and downloaded from: https://www.indygo.net/projects/. 2. Project name and location: Metra UP North Rebuild: Fullerton to Addison, Chicago, Cook County, Illinois. Project Sponsor: Northeast Illinois Regional Commuter Railroad Company (Metra), Chicago, Illinois. Project description: The Metra UP North Rebuild: Fullerton to Addison Project (Project) along Metra’s Union Pacific North Line will modernize a stretch of commuter rail line in the city of Chicago. The Project involves replacement of eleven (11) 120-year-old railroad bridges from Fullerton Avenue to Cornelia Avenue, including many retaining walls. The Project will shift tracks west between Fullerton Avenue and Addison Street to align with the existing tracks north and south of the VerDate Sep<11>2014 18:39 Aug 14, 2023 Jkt 259001 Project area and the Roscoe Street and Cornelia Avenue will be lowered to maintain current clearance under the roadway and the Chicago Transit Authority Brown Line. The Project will also refurbish (including painting) the existing Lincoln/Addison bridge and include some utility work along the Project corridor. Final agency actions: Section 106 No Adverse Effect determination dated July 15, 2022, and determination of the applicability of a categorical exclusion pursuant to 23 CFR 771.118(d), dated June 21, 2023. Supporting documentation: Documented Categorical Exclusion (CE) and supporting materials, dated May 1, 2023. The CE and associated documents can be viewed and downloaded from: https://www.metra.com/ UPNrebuild#Project_UpdateJuly_2023. 3. Project name and location: Silver Line Project (Project), Tarrant, Dallas and Collin Counties, Texas. Project Sponsor: Dallas Area Rapid Transit (DART), Dallas, Texas. Project description: The project consists of a 26mile double-track regional commuter rail line extending from Dallas-Fort Worth International (DFW) Airport to Shiloh Road in Plano. The alignment traverses seven cities: Grapevine, Coppell, Dallas, Carrollton, Addison, Richardson, and Plano. FTA issued a combined Final Environmental Impact Statement (FEIS) and Record of Decision (ROD) on November 9, 2018, for the project. Subsequently, FTA published a notice of limitation on claims against the project on March 19, 2019, per 23 U.S.C. 139(l). Since then, FTA has completed a series of re-evaluations of the project to address changes resulting from design modifications and stakeholder coordination. FTA also published a notice of limitation on claims against the project on November 18, 2022, per 23 U.S.C. 139(l) for memoranda to file phases A to E. This notice only applies to the discrete actions taken by FTA under the reevaluations for phases F, G, and H, as described below. Final agency actions: FTA determined for each re-evaluation that neither a Supplemental Environmental Impact Statement nor a Supplemental Environmental Assessment is necessary, and the November 2018 FEIS/ROD remains valid. Supporting documentation: Memorandum to File Phase F, concerning the Shiloh Road Layover Facility and the US Brass Avoidance Alignment, dated January 6, 2023; Memorandum to File Phase G, concerning the Custer Parkway Grade Separation Change and the Jupiter Road Grade Separation, dated January 27, PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 55501 2023; and Memorandum to File Phase H, concerning the Final Coit Road Design, dated July 14, 2023. All supporting documentation can be viewed and downloaded from: https:// www.dart.org/about/expansion/ silverline.asp. Authority: 23 U.S.C. 139(l)(1). Megan Blum, Supervisory Environmental Protection Specialist. [FR Doc. 2023–17495 Filed 8–14–23; 8:45 am] BILLING CODE 4910–57–P DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Prompt Payment Interest Rate; Contract Disputes Act Bureau of the Fiscal Service, Treasury. ACTION: Notice of prompt payment interest rate. AGENCY: For the period beginning July 1, 2023, and ending on December 31, 2023, the prompt payment interest rate is 4–7/8 per centum per annum. DATES: Applicable July 1, 2023, to December 31, 2023. ADDRESSES: Comments or inquiries may be mailed to: E-Commerce Division, Bureau of the Fiscal Service, 401 14th Street SW, Room 306F, Washington, DC 20227. Comments or inquiries may also be emailed to PromptPayment@ fiscal.treasury.gov. FOR FURTHER INFORMATION CONTACT: Thomas M. Burnum, E-Commerce Division, (202) 874–6430; or Thomas Kearns, Senior Counsel, Office of the Chief Counsel, (202) 874–7036. SUPPLEMENTARY INFORMATION: An agency that has acquired property or service from a business concern and has failed to pay for the complete delivery of property or service by the required payment date shall pay the business concern an interest penalty. 31 U.S.C. 3902(a). The Contract Disputes Act of 1978, sec. 12, Pub. L. 95–563, 92 stat. 2389, and the Prompt Payment Act, 31 U.S.C. 3902(a), provide for the calculation of interest due on claims at the rate established by the Secretary of the Treasury. The Secretary of the Treasury has the authority to specify the rate by which the interest shall be computed for interest payments under section 12 of the Contract Disputes Act of 1978 and under the Prompt Payment Act. Under the Prompt Payment Act, if an interest penalty is owed to a business concern, the penalty shall be paid regardless of SUMMARY: E:\FR\FM\15AUN1.SGM 15AUN1 55502 Federal Register / Vol. 88, No. 156 / Tuesday, August 15, 2023 / Notices whether the business concern requested payment of such penalty. 31 U.S.C. 3902(c)(1). Agencies must pay the interest penalty calculated with the interest rate, which is in effect at the time the agency accrues the obligation to pay a late payment interest penalty. 31 U.S.C. 3902(a). ‘‘The interest penalty shall be paid for the period beginning on the day after the required payment date and ending on the date on which payment is made.’’ 31 U.S.C. 3902(b). Therefore, notice is given that the Secretary of the Treasury has determined that the rate of interest applicable for the period beginning July 1, 2023, and ending on December 31, 2023, is 4–7/8 per centum per annum. Timothy E. Gribben, Commissioner, Bureau of the Fiscal Service. [FR Doc. 2023–17450 Filed 8–14–23; 8:45 am] Individual 1. SEEMAR, Satish, United Arab Emirates; DOB 25 Dec 1961; POB Punjab, India; Gender Male; Passport Z1917610 expires 18 Mar 2019 (individual) [GLOMAG] (Linked To: KADYROV, Ramzan Akhmatovich). Dated: August 3, 2023. Bradley T. Smith, Deputy Director, Office of Foreign Assets Control, U.S. Department of the Treasury. [FR Doc. 2023–17432 Filed 8–14–23; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY BILLING CODE 4810–AS–P Internal Revenue Service DEPARTMENT OF THE TREASURY Proposed Collection; Comment Request Relating to Communications Excise Tax; Prepaid Telephone Cards Office of Foreign Assets Control Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: Notice of OFAC Sanctions Actions Office of Foreign Assets Control, Department of the Treasury. ACTION: Notice. AGENCY: Electronic Availability The SDN List and additional information concerning OFAC sanctions programs are available on OFAC’s website (https://ofac.treasury.gov/). Notice of OFAC Actions On August 3, 2023, OFAC determined that the following person would be removed from the SDN List and that their property and interests in property subject to U.S. jurisdiction are unblocked pursuant to Executive Order 13818 of December 20, 2017 (‘‘Blocking the Property of Persons Involved in VerDate Sep<11>2014 18:39 Aug 14, 2023 Jkt 259001 The Internal Revenue Service, 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 continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning communications excise tax; prepaid telephone cards. DATES: Written comments should be received on or before October 16, 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 control number 1545– 1628 or Communications Excise Tax; Prepaid Telephone Cards. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulation should be directed to Kerry Dennis at (202) 317– 5751, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at Kerry.L.Dennis@irs.gov. SUPPLEMENTARY INFORMATION: Title: Communications Excise Tax; Prepaid Telephone Cards. OMB Number: 1545–1628. Regulation Number: Treasury Decision 8855 (REG–118620–97). SUMMARY: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the name of a person whose property and interests in property have been unblocked and who has been removed from the List of Specially Designated Nationals and Blocked Persons (SDN List). DATES: See SUPPLEMENTARY INFORMATION section. FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global Targeting, tel: 202–622–2420; Assistant Director for Licensing, tel.: 202–622– 2480; Assistant Director for Regulatory Affairs, tel.: 202–622–4855; or Assistant Director for Sanctions Compliance & Enforcement, tel.: 202–622–2490. SUPPLEMENTARY INFORMATION: SUMMARY: ddrumheller on DSK120RN23PROD with NOTICES1 Serious Human Rights Abuse or Corruption’’), and U.S. persons are no longer generally prohibited from engaging in transactions with them. PO 00000 Frm 00066 Fmt 4703 Sfmt 9990 Abstract: Carriers must keep certain information documenting their sales of prepaid telephone cards to other carriers to avoid responsibility for collecting tax. The regulations provide rules for the application of the communications excise tax to prepaid telephone cards. Current Actions: There are no changes to the regulation or burden. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit. Estimated Number of Respondents: 96. Estimated Time per Response: 20 minutes. Estimated Total Annual Burden Hours: 34 hours. 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. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter 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 shall have 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 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 services to provide information. Approved: August 9, 2023. Kerry L. Dennis, Tax Analyst. [FR Doc. 2023–17465 Filed 8–14–23; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\15AUN1.SGM 15AUN1

Agencies

DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service

[Federal Register Volume 88, Number 156 (Tuesday, August 15, 2023)]
[Notices]
[Pages 55501-55502]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-17450]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Prompt Payment Interest Rate; Contract Disputes Act

AGENCY: Bureau of the Fiscal Service, Treasury.

ACTION: Notice of prompt payment interest rate.

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SUMMARY: For the period beginning July 1, 2023, and ending on December 
31, 2023, the prompt payment interest rate is 4-7/8 per centum per 
annum.

DATES: Applicable July 1, 2023, to December 31, 2023.

ADDRESSES: Comments or inquiries may be mailed to: E-Commerce Division, 
Bureau of the Fiscal Service, 401 14th Street SW, Room 306F, 
Washington, DC 20227. Comments or inquiries may also be emailed to 
[email protected].

FOR FURTHER INFORMATION CONTACT: Thomas M. Burnum, E-Commerce Division, 
(202) 874-6430; or Thomas Kearns, Senior Counsel, Office of the Chief 
Counsel, (202) 874-7036.

SUPPLEMENTARY INFORMATION: An agency that has acquired property or 
service from a business concern and has failed to pay for the complete 
delivery of property or service by the required payment date shall pay 
the business concern an interest penalty. 31 U.S.C. 3902(a). The 
Contract Disputes Act of 1978, sec. 12, Pub. L. 95-563, 92 stat. 2389, 
and the Prompt Payment Act, 31 U.S.C. 3902(a), provide for the 
calculation of interest due on claims at the rate established by the 
Secretary of the Treasury.
    The Secretary of the Treasury has the authority to specify the rate 
by which the interest shall be computed for interest payments under 
section 12 of the Contract Disputes Act of 1978 and under the Prompt 
Payment Act. Under the Prompt Payment Act, if an interest penalty is 
owed to a business concern, the penalty shall be paid regardless of

[[Page 55502]]

whether the business concern requested payment of such penalty. 31 
U.S.C. 3902(c)(1). Agencies must pay the interest penalty calculated 
with the interest rate, which is in effect at the time the agency 
accrues the obligation to pay a late payment interest penalty. 31 
U.S.C. 3902(a). ``The interest penalty shall be paid for the period 
beginning on the day after the required payment date and ending on the 
date on which payment is made.'' 31 U.S.C. 3902(b).
    Therefore, notice is given that the Secretary of the Treasury has 
determined that the rate of interest applicable for the period 
beginning July 1, 2023, and ending on December 31, 2023, is 4-7/8 per 
centum per annum.

Timothy E. Gribben,
Commissioner, Bureau of the Fiscal Service.
[FR Doc. 2023-17450 Filed 8-14-23; 8:45 am]
BILLING CODE 4810-AS-P

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