Notice of the Federal Unemployment Tax Act (FUTA) Credit Reductions Applicable for 2023, 83970 [2023-26457]

Download as PDF 83970 Federal Register / Vol. 88, No. 230 / Friday, December 1, 2023 / Notices will primarily be used to make recommendations regarding executive clemency and ensure proper notification to the Federal Bureau of Investigation, U.S. Attorneys’ Offices, U.S. Probation Offices, and federal courts in the event of grants of executive clemency. The Authorization for the Release of Medical Information—Mental Health will only be collected once per application for clemency. 5. Obligation to Respond: Voluntary. 6. Total Estimated Number of Respondents: 1,000 applicants. 7. Estimated Time per Respondent: Five minutes. 8. Frequency: Once. 9. Total Estimated Annual Time Burden: 84 hours. 10. Total Estimated Annual Other Costs Burden: Approximately 700 applicants are expected to mail in the Authorization for the Release of Medical Information—Mental Health, incurring a $.63 postage fee for each submission. This results in a total estimated cost burden of $441. Applicants will not incur any capital, start-up, or system maintenance costs associated with this information collection. If additional information is required, contact: Darwin Arceo, Department Clearance Officer, Policy and Planning Staff, Justice Management Division, United States Department of Justice, Two Constitution Square, 145 N Street NE, 4W–218, Washington, DC 20530. Dated: November 28, 2023. Darwin Arceo, Department Clearance Officer for PRA, U.S. Department of Justice. [FR Doc. 2023–26429 Filed 11–30–23; 8:45 am] BILLING CODE 4410–29–P DEPARTMENT OF LABOR Lenita Jacobs-Simmons, Deputy Assistant Secretary for Employment and Training Administration. Employment and Training Administration [FR Doc. 2023–26457 Filed 11–30–23; 8:45 am] BILLING CODE 4510–FW–P lotter on DSK11XQN23PROD with NOTICES1 Notice of the Federal Unemployment Tax Act (FUTA) Credit Reductions Applicable for 2023 DEPARTMENT OF LABOR Sections 3302(c)(2)(A) and 3302(d)(3) of FUTA provide that employers in a state that has outstanding advances under Title XII of the Social Security Act on January 1 of two or more consecutive years are subject to a reduction in credits otherwise available against the FUTA tax for the calendar year in which the most recent such January 1 occurs, if advances remain on November 10 of that year. Further, section 3302(c)(2)(C) of FUTA provides for an additional credit reduction for a year if a state has outstanding advances on five or more consecutive January 1 VerDate Sep<11>2014 18:47 Nov 30, 2023 and has a balance on November 10 for such years. Section 3302(c)(2)(C) provides for waiver of this additional credit reduction and substitution of the credit reduction provided in section 3302(c)(2)(B) if a state meets certain conditions. California, Connecticut, Illinois, New York, and the US Virgin Islands (USVI) had outstanding advances on January 1 for two or more consecutive years and employers in these states were potentially subject to a FUTA credit reduction in 2023. However, Connecticut and Illinois repaid their outstanding advances before November 10, 2023. As a result, employers in these two states are not subject to a FUTA credit reduction for 2023. California and New York did not repay their outstanding advances before November 10, 2023. Therefore, employers in these states are subject to a FUTA credit reduction of 0.6 percent for 2023. USVI has experienced outstanding advances on January 1 for many years. Employers in USVI were potentially liable for the additional credit reduction under section 3302(c)(2)(C) of FUTA. The jurisdiction applied for the waiver of this additional credit reduction and the Employment and Training Administration determined that USVI met each of the criteria necessary to qualify for the waiver of the additional credit reduction. Therefore, employers in USVI will have no additional credit reduction applied for calendar year 2023. However, because USVI has had an outstanding advance on each January 1 from 2010 through 2023, and maintained an outstanding balance on November 10, 2023, employers in USVI are subject to a FUTA credit reduction of 3.9 percent in 2023. Jkt 262001 Agency Information Collection Activities; Submission for OMB Review; Consumer Expenditure Surveys: Quarterly Interview and Diary Notice of availability; request for comments. ACTION: The Department of Labor (DOL) is submitting this Bureau of Labor Statistics (BLS)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 SUMMARY: PO 00000 Frm 00075 Fmt 4703 Sfmt 4703 (PRA). Public comments on the ICR are invited. DATES: The OMB will consider all written comments that the agency receives on or before January 2, 2024. 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. Comments are invited on: (1) whether the collection of information is necessary for the proper performance of the functions of the Department, including whether the information will have practical utility; (2) the accuracy of the agency’s estimates of the burden and cost of the collection of information, including the validity of the methodology and assumptions used; (3) ways to enhance the quality, utility and clarity of the information collection; and (4) ways to minimize the burden of the collection of information on those who are to respond, including the use of automated collection techniques or other forms of information technology. FOR FURTHER INFORMATION CONTACT: Nicole Bouchet by telephone at 202– 693–0213, or by email at DOL_PRA_ PUBLIC@dol.gov. SUPPLEMENTARY INFORMATION: The Consumer Expenditure Surveys are used to gather information on expenditures, income, and other related subjects. These data are used to periodically update the national Consumer Price Index. In addition, the data are used by a variety of researchers in academia, government agencies, and the private sector. The data are collected from a national probability sample of households designed to represent the total civilian non-institutional population. For additional substantive information about this ICR, see the related notice published in the Federal Register on September 18, 2023 (88 FRN 63977). This information collection is subject to the PRA. A Federal agency generally cannot conduct or sponsor a collection of information, and the public is generally not required to respond to an information collection, unless the OMB approves it and displays a currently valid OMB Control Number. In addition, notwithstanding any other provisions of law, no person shall generally be subject to penalty for failing to comply with a collection of information that does not display a valid OMB Control Number. See 5 CFR 1320.5(a) and 1320.6. E:\FR\FM\01DEN1.SGM 01DEN1

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[Federal Register Volume 88, Number 230 (Friday, December 1, 2023)]
[Notices]
[Page 83970]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26457]


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DEPARTMENT OF LABOR

Employment and Training Administration


Notice of the Federal Unemployment Tax Act (FUTA) Credit 
Reductions Applicable for 2023

    Sections 3302(c)(2)(A) and 3302(d)(3) of FUTA provide that 
employers in a state that has outstanding advances under Title XII of 
the Social Security Act on January 1 of two or more consecutive years 
are subject to a reduction in credits otherwise available against the 
FUTA tax for the calendar year in which the most recent such January 1 
occurs, if advances remain on November 10 of that year. Further, 
section 3302(c)(2)(C) of FUTA provides for an additional credit 
reduction for a year if a state has outstanding advances on five or 
more consecutive January 1 and has a balance on November 10 for such 
years. Section 3302(c)(2)(C) provides for waiver of this additional 
credit reduction and substitution of the credit reduction provided in 
section 3302(c)(2)(B) if a state meets certain conditions.
    California, Connecticut, Illinois, New York, and the US Virgin 
Islands (USVI) had outstanding advances on January 1 for two or more 
consecutive years and employers in these states were potentially 
subject to a FUTA credit reduction in 2023. However, Connecticut and 
Illinois repaid their outstanding advances before November 10, 2023. As 
a result, employers in these two states are not subject to a FUTA 
credit reduction for 2023. California and New York did not repay their 
outstanding advances before November 10, 2023. Therefore, employers in 
these states are subject to a FUTA credit reduction of 0.6 percent for 
2023.
    USVI has experienced outstanding advances on January 1 for many 
years. Employers in USVI were potentially liable for the additional 
credit reduction under section 3302(c)(2)(C) of FUTA. The jurisdiction 
applied for the waiver of this additional credit reduction and the 
Employment and Training Administration determined that USVI met each of 
the criteria necessary to qualify for the waiver of the additional 
credit reduction. Therefore, employers in USVI will have no additional 
credit reduction applied for calendar year 2023. However, because USVI 
has had an outstanding advance on each January 1 from 2010 through 
2023, and maintained an outstanding balance on November 10, 2023, 
employers in USVI are subject to a FUTA credit reduction of 3.9 percent 
in 2023.

Lenita Jacobs-Simmons,
Deputy Assistant Secretary for Employment and Training Administration.
[FR Doc. 2023-26457 Filed 11-30-23; 8:45 am]
BILLING CODE 4510-FW-P
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