Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed, 85730-85731 [2023-26995]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES 85730 Federal Register / Vol. 88, No. 235 / Friday, December 8, 2023 / Notices of Management and Budget (OMB) for an extension of a previously approved collection. The ICR describes the nature of the information collection and its expected burden. The Federal Register Notice with a 60-day comment period soliciting comments on the following collection of information was published on September 5, 2023. There were no comments. As the September 5, 2023, Notice solicits comments from the public on whether it is appropriate for the Department to continue to collect information on oversales from airlines, the issues raised by these comments are beyond the scope of this Notice and will not be addressed here. Specifically, having obsolete regulations that allow three legacy carriers and one discount carrier to control 80% of the domestic aviation market, while banning foreign competitors from offering U.S. domestic flights, and allowing airlines to book to 100% capacity or overbook to increase their revenue stream. With respect to the overbooking comment, the FAA has no jurisdiction in this matter, however, the Department does. And although it is not the Department’s policy or purpose to dictate how airlines internally manage their business; this ended with deregulation of the aviation industry in 1979, it is the Department’s policy and purpose to protect and standardize how the airlines treat their passengers. DATES: Written comments should be submitted by January 8, 2024. FOR FURTHER INFORMATION CONTACT: Cecelia Robinson, Office of Airline Information, RTS–42, OST–R, BTS, 1200 New Jersey Avenue SE, Washington, DC 20590–0001, Telephone Number (202) 893–0515, Fax Number (202) 366–3383 or email cecelia.robinson@dot.gov. Comments: 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. SUPPLEMENTARY INFORMATION: Title 14 of the Code of Federal Regulations, part 250, addresses how airlines are to conduct their overbooking processes and compensate passengers in the event of an overbooking. OMB Approval No.: 2138–0018. Title: Report of Passengers Denied Confirmed Space. Form No.: BTS Form 250. Type of Review: Extension of a currently approved collection. VerDate Sep<11>2014 16:50 Dec 07, 2023 Jkt 262001 U.S. Air Carriers for Flights They Operate Respondents: Large certificated air carriers. Number of Respondents: 15. Number of Quarterly Responses: 60. Number of Hours per Response: 10. Total Annual Burden: 600 hours. U.S. Air Carriers for Codeshare Flights They Market Respondents: Large certificated air carriers. Number of Respondents: 4. Number of Responses: 16. Number of Hours per Response: 6. Total Annual Burden: 96 hours. Needs and Uses: BTS Form 250 is a one-page report on the number of passengers denied seats either voluntarily or involuntarily, whether these bumped passengers were provided alternate transportation and/or compensation, and the amount of the payment. On November 3, 2016, the Department published a Final Rule (see 81 FR 76800) that changed the number of U.S. air carriers that account for at least 1 percent to half of one percent of domestic scheduled-service passenger revenues who must report all operations with 30 seat or larger aircraft that depart a U.S. airport. Carriers do not report data from inbound international flights because the protections of 14 CFR part 250 Oversales do not apply to these flights. The report allows the Department to monitor the effectiveness of its oversales rule and take enforcement action when necessary. The involuntarily deniedboarding rate has decreased from 4.38 per 10,000 passengers in 1980 to 0.24 per 10,000 passengers in 2019. The publishing of the carriers’ individual denied boarding rates has negated the need for more intrusive regulation. The rate of denied boarding can be examined as a continuing fitness factor. This rate provides an insight into a carrier’s customer service practices. A rapid sustained increase in the rate of denied boarding may indicate operational difficulties. Because the rate of denied boarding is released quarterly, travelers and travel agents can select carriers with lower incidences of denied boardings. This information is available in the Air Travel Consumer Report at: https:// airconsumer.ost.dot.gov/reports/ index.htm. The Air Travel Consumer Report is also sent to newspapers, magazines, and trade journals. Without Form 250, determining the effectiveness of the Department’s oversales rule would be impossible. The Confidential Information Protection and Statistical Efficiency Act PO 00000 Frm 00153 Fmt 4703 Sfmt 4703 of 2002 (44 U.S.C. 3501 note), requires a statistical agency to clearly identify information it collects for non-statistical purposes. BTS hereby notifies the respondents and the public that BTS uses the information it collects under this OMB approval for non-statistical purposes including, but not limited to, publication of both Respondent’s identity and its data, submission of the information to agencies outside BTS for review, analysis, and possible use in regulatory and other administrative matters. Issued in Washington, DC, on December 4, 2023. William Chadwick, Jr., Director, Office of Airline Information, U.S. Department of Transportation. [FR Doc. 2023–26847 Filed 12–7–23; 8:45 am] BILLING CODE 4910–9X–P DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed Bureau of the Fiscal Service, Treasury. ACTION: Notice of fees imposed on surety companies and reinsuring companies. AGENCY: The Department of the Treasury, Bureau of the Fiscal Service, is increasing the fees it imposes on and collects from surety companies and reinsuring companies, effective January 1, 2024. FOR FURTHER INFORMATION CONTACT: Melvin Saunders, at (304) 480–5108 or melvin.saunders@fiscal.treasury.gov; or Bobbi McDonald, at (304) 480–7098 or bobbi.mcdonald@fiscal.treasury.gov. SUPPLEMENTARY INFORMATION: The Independent Offices Appropriations Act of 1952 (IOAA), codified at 31 U.S.C. 9701, authorizes Federal agencies to establish fees for a service or thing of value provided by the agency to members of the public. Office of Management and Budget Circular A–25 allows agencies to impose user fees for services that confer a special benefit to identifiable recipients beyond those accruing to the general public. Pursuant to 31 CFR 223.22, Treasury imposes fees on surety companies and reinsuring companies seeking to obtain or renew certification or recognition from Treasury. The fees imposed and collected cover the costs incurred by the Government for services performed reviewing, analyzing, and evaluating the SUMMARY: E:\FR\FM\08DEN1.SGM 08DEN1 Federal Register / Vol. 88, No. 235 / Friday, December 8, 2023 / Notices companies’ applications, financial statements, and other information. Treasury determines the amount of fees in accordance with the IOAA and the Office of Management and Budget Circular A–25, as amended. The change in fees is the result of a thorough analysis of costs associated with the corporate federal surety bond program. The new fee rate schedule is as follows: (1) Examination of a company’s application for a Certificate of Authority as an acceptable surety or as an acceptable reinsuring company on Federal bonds: $12,400. (2) Determination of a company’s continued qualification for annual renewal of its Certificate of Authority: $8,000. (3) Examination of a company’s application for recognition as an Admitted Reinsurer: $4,500. (4) Determination of a company’s continued qualification for annual renewal of its authority as an Admitted Reinsurer: $3,200. Questions concerning this notice should be directed to the Surety Bond Branch, Special Assets and Liabilities Division, Bureau of the Fiscal Service, Surety Bonds (A–1G), 257 Bosley Industrial Drive, Parkersburg, WV 26106, Telephone (304) 480–6635. Timothy E. Gribben, Commissioner, Bureau of the Fiscal Service. [FR Doc. 2023–26995 Filed 12–7–23; 8:45 am] BILLING CODE 4810–AS–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Notice of OFAC Sanctions Action Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the name of one person that has been placed on OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC’s determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of this person are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 16:50 Dec 07, 2023 Jkt 262001 See SUPPLEMENTARY INFORMATION section for effective date(s). DATES: FOR FURTHER INFORMATION CONTACT: OFAC: Bradley T. Smith, Director, tel.: 202–622–2490; 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 & Evaluation, tel.: 202–622– 2490. SUPPLEMENTARY INFORMATION: Electronic Availability DEPARTMENT OF THE TREASURY Internal Revenue Service Electronic Tax Administration Advisory Committee; Public Meeting Internal Revenue Service (IRS), Treasury. AGENCY: ACTION: Notice of OFAC Action Notice of meeting. The Electronic Tax Administration Advisory Committee (ETAAC) will hold a public meeting via telephone conference line. SUMMARY: DATES: The SDN List and additional information concerning OFAC sanctions programs are available on OFAC’s website (https://www.treasury.gov/ofac). 85731 Wednesday, Jan. 10, 2024. Mr. Alec Johnston, Office of National Public Liaison, at (202) 317–4299, or send an email to publicliaison@irs.gov. FOR FURTHER INFORMATION CONTACT: Notice is hereby given pursuant to 5 U.S.C. 10(a)(2) of the Federal Advisory Committee Act, that a public meeting via conference call of the ETAAC will be held on Wednesday, Jan. 10, 2024, at 12:30 p.m. EDT. The purpose of the ETAAC is to provide continuing advice regarding the development and implementation of the IRS organizational strategy for electronic tax administration. ETAAC is an organized public forum for discussion of electronic tax administration issues such as prevention of identity theft and refund fraud. It supports the overriding goal that paperless filing should be the preferred and most convenient method of filing tax and information returns. ETAAC members convey the public’s perceptions of IRS electronic tax administration activities, offer constructive observations about current or proposed policies, programs, and procedures, and suggest improvements. Please call or email Alec Johnston to confirm your attendance. Mr. Johnston can be reached at 202–317–4299 or PublicLiaison@irs.gov. Should you wish the ETAAC to consider a written statement, please call 202–317–4299 or email: PublicLiaison@irs.gov. SUPPLEMENTARY INFORMATION: On December 1, 2023, OFAC determined that the property and interests in property subject to U.S. jurisdiction of the following person are blocked under the relevant sanctions authority listed below. Individual 1. MARTINEZ MORALES, Luis Miguel (a.k.a. ‘‘MARTINEZ, Miguel’’; a.k.a. ‘‘MARTINEZ, Miguel Miguelito’’; a.k.a. ‘‘Miguelito’’), Colonia Las Hojarascas, Km 19.5 Carretera Interamericana, Mixco, Guatemala; DOB 12 Sep 1989; POB Santa Lucia Cotzumalguapa, Guatemala; nationality Guatemala; Gender Male; Passport 245907203 (Guatemala) expires 15 Nov 2022; National ID No. 2459072030502 (Guatemala) (individual) [GLOMAG]. Designated pursuant to section 1(a)(ii)(B)(1) of Executive Order 13818 of December 20, 2017, ‘‘Blocking the Property of Persons Involved in Serious Human Rights Abuse or Corruption,’’ 82 FR 60839 (Dec. 26, 2017) for being a foreign person who is a current or former government official, or a person acting for or on behalf of such an official, who is responsible for or complicit in, or has directly or indirectly engaged in, corruption, including the misappropriation of state assets, the expropriation of private assets for personal gain, corruption related to government contracts or the extraction of natural resources, or bribery. Dated: December 1, 2023. Gregory T. Gatjanis, Associate Director, Office of Foreign Assets Control, U.S. Department of the Treasury. Dated: December 4, 2023. John A. Lipold, Designated Federal Official, Office of National Public Liaison, Internal Revenue Service. [FR Doc. 2023–27016 Filed 12–7–23; 8:45 am] [FR Doc. 2023–26941 Filed 12–7–23; 8:45 am] BILLING CODE 4810–AL–P BILLING CODE 4830–01–P PO 00000 Frm 00154 Fmt 4703 Sfmt 9990 E:\FR\FM\08DEN1.SGM 08DEN1

Agencies

DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service

[Federal Register Volume 88, Number 235 (Friday, December 8, 2023)]
[Notices]
[Pages 85730-85731]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26995]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Application and Renewal Fees Imposed on Surety Companies and 
Reinsuring Companies; Increase in Fees Imposed

AGENCY: Bureau of the Fiscal Service, Treasury.

ACTION: Notice of fees imposed on surety companies and reinsuring 
companies.

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SUMMARY: The Department of the Treasury, Bureau of the Fiscal Service, 
is increasing the fees it imposes on and collects from surety companies 
and reinsuring companies, effective January 1, 2024.

FOR FURTHER INFORMATION CONTACT: Melvin Saunders, at (304) 480-5108 or 
[email protected]; or Bobbi McDonald, at (304) 480-
7098 or [email protected].

SUPPLEMENTARY INFORMATION: The Independent Offices Appropriations Act 
of 1952 (IOAA), codified at 31 U.S.C. 9701, authorizes Federal agencies 
to establish fees for a service or thing of value provided by the 
agency to members of the public. Office of Management and Budget 
Circular A-25 allows agencies to impose user fees for services that 
confer a special benefit to identifiable recipients beyond those 
accruing to the general public. Pursuant to 31 CFR 223.22, Treasury 
imposes fees on surety companies and reinsuring companies seeking to 
obtain or renew certification or recognition from Treasury. The fees 
imposed and collected cover the costs incurred by the Government for 
services performed reviewing, analyzing, and evaluating the

[[Page 85731]]

companies' applications, financial statements, and other information. 
Treasury determines the amount of fees in accordance with the IOAA and 
the Office of Management and Budget Circular A-25, as amended. The 
change in fees is the result of a thorough analysis of costs associated 
with the corporate federal surety bond program.
    The new fee rate schedule is as follows:
    (1) Examination of a company's application for a Certificate of 
Authority as an acceptable surety or as an acceptable reinsuring 
company on Federal bonds: $12,400.
    (2) Determination of a company's continued qualification for annual 
renewal of its Certificate of Authority: $8,000.
    (3) Examination of a company's application for recognition as an 
Admitted Reinsurer: $4,500.
    (4) Determination of a company's continued qualification for annual 
renewal of its authority as an Admitted Reinsurer: $3,200. Questions 
concerning this notice should be directed to the Surety Bond Branch, 
Special Assets and Liabilities Division, Bureau of the Fiscal Service, 
Surety Bonds (A-1G), 257 Bosley Industrial Drive, Parkersburg, WV 
26106, Telephone (304) 480-6635.

Timothy E. Gribben,
Commissioner, Bureau of the Fiscal Service.
[FR Doc. 2023-26995 Filed 12-7-23; 8:45 am]
BILLING CODE 4810-AS-P

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