Agency Information Collection Activities; Submission for OMB Review; Comment Request; Coronavirus Capital Projects Fund, 87058-87059 [2023-27639]

Download as PDF 87058 Federal Register / Vol. 88, No. 240 / Friday, December 15, 2023 / Notices Estimated Total Out-of-Pockets Costs ($): 45,365,000,000. Estimated Total Monetized Burden ($): 91,707,000,000. Note: Total Monetized Burden = Total Outof-Pocket Costs + Total Annual Monetized Time. ESTIMATED AVERAGE TAXPAYER BURDEN FOR INDIVIDUALS FILING A 1040 BY ACTIVITY Primary form filed or type of taxpayer Time burden Money burden Average time burden (hours) * Percentage of returns (%) All Taxpayers .................... Type of Taxpayer Nonbusiness ** .................. Business *** ....................... Record keeping Total time Average cost (dollars) Form completion and submission Tax planning All other Total monetized burden (dollars) 100% 13 6 2 4 1 $270 $540 72% 28 9 24 3 12 1 4 3 6 1 2 150 560 310 1,120 Note: Detail may not add to total due to rounding. Dollars rounded to the nearest $10. *A ‘‘business’’ filer files one or more of the following with Form 1040: Schedule C, C–EZ, E, F, Form 2106, or 2106–EZ. A ‘‘nonbusiness’’ filer does not file any of these schedules or forms with Form 1040. Source: RAAS:KDA (11–2–2023) TAXPAYER BURDEN STATISTICS BY TOTAL POSITIVE INCOME QUINTILE Average time (hours) Average out-ofpocket costs Average total monetized burden All Filers Total positive income quintiles 0 to 20 ................................................................................................................ 20 to 40 .............................................................................................................. 40 to 60 .............................................................................................................. 60 to 80 .............................................................................................................. 80 to 100 ............................................................................................................ 7.8 10.9 11.6 13.1 22.7 80 128 165 232 726 $146 242 327 480 1,497 6.9 9.3 9.0 9.1 10.8 71 112 139 185 322 129 212 277 384 737 11.9 18.5 21.0 22.0 33.1 125 204 258 338 1,077 225 379 507 697 2,155 Wage and Investment Filers Total Income Quintiles: 0 to 20 ................................................................................................................ 20 to 40 .............................................................................................................. 40 to 60 .............................................................................................................. 60 to 80 .............................................................................................................. 80 to 100 ............................................................................................................ Self Employed Filers Total Income Quintiles 0 to 20 ................................................................................................................ 20 to 40 .............................................................................................................. 40 to 60 .............................................................................................................. 60 to 80 .............................................................................................................. 80 to 100 ............................................................................................................ Source: RAAS:KDA (12–1–2023) (Authority: 44 U.S.C. 3501 et seq.) Melody Braswell, Treasury PRA Clearance Officer. [FR Doc. 2023–27645 Filed 12–14–23; 8:45 am] BILLING CODE 4830–01–P ddrumheller on DSK120RN23PROD with NOTICES1 DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Coronavirus Capital Projects Fund Departmental Offices, U.S. Department of the Treasury. AGENCY: VerDate Sep<11>2014 17:57 Dec 14, 2023 Jkt 262001 Notice of information collection; request for comment. ACTION: The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests. SUMMARY: Comments should be received on or before January 16, 2024 to be assured of consideration. DATES: PO 00000 Frm 00186 Fmt 4703 Sfmt 4703 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. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Spencer W. Clark by emailing PRA@treasury.gov, calling (202) 927–5331, or viewing the entire information collection request at www.reginfo.gov. ADDRESSES: E:\FR\FM\15DEN1.SGM 15DEN1 Federal Register / Vol. 88, No. 240 / Friday, December 15, 2023 / Notices ddrumheller on DSK120RN23PROD with NOTICES1 SUPPLEMENTARY INFORMATION: Title: Coronavirus Capital Projects Fund. OMB Control Number: 1505–0277. Type of Review: Revision of a currently approved collection. Description: Section 604 of the Social Security Act (the ‘‘Act’’), as added by section 9901 of the American Rescue Plan Act of 2021, Public Law 117–2 (Mar. 11, 2021) authorized the Coronavirus Capital Projects Fund (‘‘CPF’’). The CPF provides $10 billion in funding for the Department of the Treasury (‘‘Treasury’’) to provide grant payments to States (defined to include the District of Columbia and Puerto Rico), seven territories and freely associated states (including the United States Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, the Republic of the Marshall Islands, the Federated States of Micronesia, and the Republic of Palau), and Tribal governments to carry out critical capital projects directly enabling work, education, and health monitoring, including remote options, in response to the public health emergency with respect to the Coronavirus Disease (‘‘COVID–19’’). Section 604(b) of the Act prescribes that the $10 billion be allocated to eligible grant recipients according to a formula provided in the statute. Treasury has used this formula to calculate the CPF grant fund allocations for each eligible recipient and has posted these allocations on its website. In general, each State (including the District of Columbia and Puerto Rico) will receive between approximately $107 million and $500 million, each of the seven named territories and freely associated states will receive approximately $14 million, and each Tribal government will receive approximately $167,000. Treasury has separately received approval under OMB #1505–0274 for information collections related to applying for CPF grant awards (‘‘Applications’’) and for specifying the use of funds (‘‘Grant Plans’’). For non-Tribal entities, the current information collection is used to solicit information related to quarterly project and expenditure reports and annual performance reports. Both information collections are described generally in the Compliance and Reporting Guidance for States, Territories, and Freely Associated Sates, which provides these recipients information needed to fulfill their reporting requirements and compliance obligations. For Tribal entities, the current information collection will be used to solicit information for annual reports. VerDate Sep<11>2014 17:57 Dec 14, 2023 Jkt 262001 The information collection is described generally in the Compliance and Reporting Guidance for Tribal Entities, which provides Tribal entities with information needed to fulfill their reporting requirements and compliance obligations. Form: None. Affected Public: State, Territorial, Tribal and Freely Associated States Governments. Estimated Number of Respondents: 609. Frequency of Response: Quarterly, Annually. Estimated Total Number of Annual Responses: 845. Estimated Time per Response: Varies from 20 to 80 hours per year depending on type of respondent and report. Estimated Total Annual Burden Hours: 30,352. (Authority: 44 U.S.C. 3501 et seq.) Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2023–27639 Filed 12–14–23; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; U.S. TaxExempt Organization Return Departmental Offices, U.S. Department of the Treasury. ACTION: Notice of information collection; request for comment. AGENCY: 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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning forms used by tax-exempt organizations. DATES: Comments should be received on or before January 16, 2024 to be assured of consideration. 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. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Melody Braswell by SUMMARY: PO 00000 Frm 00187 Fmt 4703 Sfmt 4703 87059 emailing PRA@treasury.gov, calling (202) 622–1035, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Internal Revenue Service (IRS) These are forms used by tax-exempt organizations. These include Forms 990, 990–EZ, 990–N, 990–PF, 990–T, and related forms and schedules tax-exempt organizations attach to their returns. In addition, there are numerous Treasury Decisions and guidance documents that are covered by the burden estimate provided in this notice. Taxpayer Compliance Burden Tax compliance burden is defined as the time and money taxpayers spend to comply with their tax filing responsibilities. Time-related activities include recordkeeping, tax planning, gathering tax materials, learning about the law and what you need to do, and completing and submitting the return. Out-of-pocket costs include expenses such as purchasing tax software, paying a third-party preparer, and printing and postage. Tax compliance burden does not include a taxpayer’s tax liability, economic inefficiencies caused by suboptimal choices related to tax deductions or credits, or psychological costs. Proposed PRA Submission to OMB Title: U.S. Tax-Exempt Organization Return. OMB Number: 1545–0047. Form Numbers: Forms 990, 990–EZ, 990–N, 990–PF, 990–T, 1023, 1023–EZ, 1024, 1024–A, 1028, 1120–POL, 4720, 5578, 5884–C, 5884–D, 6069, 6497, 7203, 8038, 8038–B, 8038–CP, 8038–G, 8038–GC, 8038–R, 8038–T, 8038–TC, 8282, 8328, 8330, 8453–TE., 8453–X, 8718, 8868, 8870, 8871, 8872, 8879–TE, 8886–T, 8899 and all other related forms, schedules, and attachments. Abstract: These forms and schedules are used to determine that tax-exempt organizations fulfill the operating conditions within the limitations of their tax exemption. The data is also used for general statistical purposes. Current Actions: There have been changes in IRS guidance documents and regulations related to various forms approved under this approval package during the past year. There have been additions of forms included in this approval package. This approval package is being submitted for renewal purposes. Type of Review: Revision of a currently approved collection. Affected Public: Tax-exempt organizations. E:\FR\FM\15DEN1.SGM 15DEN1

Agencies

[Federal Register Volume 88, Number 240 (Friday, December 15, 2023)]
[Notices]
[Pages 87058-87059]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27639]


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

DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Coronavirus Capital Projects Fund

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice of information collection; request for comment.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before January 16, 2024 to be 
assured of consideration.

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.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Spencer W. Clark by emailing [email protected], calling 
(202) 927-5331, or viewing the entire information collection request at 
www.reginfo.gov.

[[Page 87059]]


SUPPLEMENTARY INFORMATION: 
    Title: Coronavirus Capital Projects Fund.
    OMB Control Number: 1505-0277.
    Type of Review: Revision of a currently approved collection.
    Description: Section 604 of the Social Security Act (the ``Act''), 
as added by section 9901 of the American Rescue Plan Act of 2021, 
Public Law 117-2 (Mar. 11, 2021) authorized the Coronavirus Capital 
Projects Fund (``CPF''). The CPF provides $10 billion in funding for 
the Department of the Treasury (``Treasury'') to provide grant payments 
to States (defined to include the District of Columbia and Puerto 
Rico), seven territories and freely associated states (including the 
United States Virgin Islands, Guam, American Samoa, the Commonwealth of 
the Northern Mariana Islands, the Republic of the Marshall Islands, the 
Federated States of Micronesia, and the Republic of Palau), and Tribal 
governments to carry out critical capital projects directly enabling 
work, education, and health monitoring, including remote options, in 
response to the public health emergency with respect to the Coronavirus 
Disease (``COVID-19'').
    Section 604(b) of the Act prescribes that the $10 billion be 
allocated to eligible grant recipients according to a formula provided 
in the statute. Treasury has used this formula to calculate the CPF 
grant fund allocations for each eligible recipient and has posted these 
allocations on its website. In general, each State (including the 
District of Columbia and Puerto Rico) will receive between 
approximately $107 million and $500 million, each of the seven named 
territories and freely associated states will receive approximately $14 
million, and each Tribal government will receive approximately 
$167,000.
    Treasury has separately received approval under OMB #1505-0274 for 
information collections related to applying for CPF grant awards 
(``Applications'') and for specifying the use of funds (``Grant 
Plans'').
    For non-Tribal entities, the current information collection is used 
to solicit information related to quarterly project and expenditure 
reports and annual performance reports. Both information collections 
are described generally in the Compliance and Reporting Guidance for 
States, Territories, and Freely Associated Sates, which provides these 
recipients information needed to fulfill their reporting requirements 
and compliance obligations.
    For Tribal entities, the current information collection will be 
used to solicit information for annual reports. The information 
collection is described generally in the Compliance and Reporting 
Guidance for Tribal Entities, which provides Tribal entities with 
information needed to fulfill their reporting requirements and 
compliance obligations.
    Form: None.
    Affected Public: State, Territorial, Tribal and Freely Associated 
States Governments.
    Estimated Number of Respondents: 609.
    Frequency of Response: Quarterly, Annually.
    Estimated Total Number of Annual Responses: 845.
    Estimated Time per Response: Varies from 20 to 80 hours per year 
depending on type of respondent and report.
    Estimated Total Annual Burden Hours: 30,352.

(Authority: 44 U.S.C. 3501 et seq.)

Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2023-27639 Filed 12-14-23; 8:45 am]
BILLING CODE 4810-AK-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.