Agency Forms Submitted for OMB Review, Request for Comments, 90220-90222 [2023-28760]
Download as PDF
<![CDATA[
90220
Federal Register / Vol. 88, No. 249 / Friday, December 29, 2023 / Notices
are available at www.prc.gov, Docket
Nos. MC2024–142, CP2024–148.
POSTAL SERVICE
Product Change—Priority Mail
Express, Priority Mail, USPS Ground
Advantage®, and Parcel Select
Negotiated Service Agreement
Sean Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023–28742 Filed 12–28–23; 8:45 am]
BILLING CODE 7710–12–P
Postal ServiceTM.
ACTION: Notice.
AGENCY:
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Date of required notice:
December 29, 2023.
FOR FURTHER INFORMATION CONTACT:
Sean C. Robinson, 202–268–8405.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on December 22,
2023, it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Express, Priority Mail,
USPS Ground Advantage®, and Parcel
Select Contract 3 to Competitive Product
List. Documents are available at
www.prc.gov, Docket Nos. MC2024–139,
CP2024–145.
SUMMARY:
Sean C. Robinson,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2023–28734 Filed 12–28–23; 8:45 am]
BILLING CODE 7710–12–P
POSTAL SERVICE
Product Change—Priority Mail and
USPS Ground Advantage® Negotiated
Service Agreement
Agency Forms Submitted for OMB
Review, Request for Comments
In accordance with the Paperwork
Reduction Act of 1995 (44 U.S.C.
chapter 35), the Railroad Retirement
Board (RRB) is forwarding an
Information Collection Request (ICR) to
the Office of Information and Regulatory
Affairs (OIRA), Office of Management
and Budget (OMB). Our ICR describes
the information we seek to collect from
the public. Review and approval by
OIRA ensures that we impose
appropriate paperwork burdens.
The RRB invites comments on the
proposed collections of information to
determine (1) the practical utility of the
collections; (2) the accuracy of the
estimated burden of the collections; (3)
ways to enhance the quality, utility, and
clarity of the information that is the
subject of collection; and (4) ways to
minimize the burden of collections on
respondents, including the use of
automated collection techniques or
other forms of information technology.
Comments to the RRB or OIRA must
contain the OMB control number of the
ICR. For proper consideration of your
comments, it is best if the RRB and
OIRA receive them within 30 days of
the publication date.
AGENCY:
Postal ServiceTM.
ACTION: Notice.
1. Title and Purpose of Information
Collection: Medical Reports; OMB
3220–0038
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Date of required notice:
December 29, 2023.
FOR FURTHER INFORMATION CONTACT:
Sean Robinson, 202–268–8405.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on December 26,
2023, it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail & USPS Ground
Advantage® Contract 157 to
Competitive Product List. Documents
Under sections 2(a)(1)(iv) and
2(a)(1)(v) of the Railroad Retirement Act
(RRA) (45 U.S.C. 231a), annuities are
payable to qualified railroad employees
whose physical or mental condition
makes them unable to (1) work in their
regular occupation (occupational
disability) or (2) work at all (total
disability). The requirements for
establishing disability and proof of
continuing disability under the RRA are
prescribed in 20 CFR 220.
Annuities are also payable to (1)
qualified spouses and widow(ers) under
sections 2(c)(1)(ii)(C) and 2(d)(1)(ii) of
the RRA who have a qualifying child
who became disabled before age 22; (2)
surviving children on the basis of
disability under section 2(d)(1)(iii)(C), if
the child’s disability began before age
22; and (3) widow(er)s on the basis of
SUMMARY:
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RAILROAD RETIREMENT BOARD
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disability under section 2(d)(1)(i)(B). To
meet the disability standard, the RRA
provides that individuals must have a
permanent physical or mental condition
that makes them unable to engage in any
regular employment.
Under section 2(d)(1)(v) of the RRA,
annuities are also payable to remarried
widow(er)s and surviving divorced
spouses on the basis of, among other
things, disability or having a qualifying
disabled child in care. However, the
disability standard in these cases is that
found in the Social Security Act. That
is, individuals must be unable to engage
in any substantial gainful activity by
reason of any medically determinable
physical or mental impairment. The
RRB also determines entitlement to a
Period of Disability and entitlement to
early Medicare based on disability for
qualified claimants in accordance with
section 216 of the Social Security Act.
When making disability
determinations, the RRB needs evidence
from acceptable medical sources. The
RRB currently utilizes Forms G–3EMP,
Report of Medical Condition by
Employer; G–197, Authorization to
Disclose Information to the Railroad
Retirement Board; G–250, Medical
Assessment; G–250A, Medical
Assessment of Residual Functional
Capacity; G–260, Report of Seizure
Disorder; RL–11B, Disclosure of
Hospital Medical Records; RL–11D,
Disclosure of Medical Records from a
State Agency; RL–11D1, Request for
Medical Evidence from Employers, and
RL–250, Request for Medical
Assessment, to obtain the necessary
medical evidence. One response is
requested of each respondent.
Completion is required for all forms to
obtain benefits except Form RL–11D1,
which is voluntary.
Previous Requests for Comments: The
RRB has already published the initial
60-day notice (88 FR 73054 on October
24, 2023) required by 44 U.S.C.
3506(c)(2). That request elicited no
comments.
Information Collection Request (ICR)
Title: Medical Reports.
OMB Control Number: 3220–0038.
Form(s) submitted: G–3EMP, G–197,
G–250, G–250a, G–260, RL–11B, RL–
11D, RL–11D1, and RL–250.
Type of request: Extension without
change of a currently approved
collection.
Affected public: Individuals or
households; Private Sector; State, Local
and Tribal Government.
Abstract: The Railroad Retirement Act
provides disability annuities for
qualified railroad employees whose
physical or mental condition renders
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90221
Federal Register / Vol. 88, No. 249 / Friday, December 29, 2023 / Notices
them incapable of working in their
regular occupation (occupational
disability) or any occupation (total
disability). The medical reports obtain
information needed for determining the
nature and severity of the impairment.
Changes proposed: The RRB proposes
no changes to Form G–3EMP, G–197, G–
Form
number
250, G–250A, G–260, RL–11B, RL–11D,
RL–11D1, and RL–250.
The burden estimate for the ICR is as
follows:
Annual
responses
Time
(minutes)
Burden
(hours)
G–3EMP ......................................................................................................................................
G–197 ..........................................................................................................................................
G–250 ..........................................................................................................................................
G–250A ........................................................................................................................................
G–260 ..........................................................................................................................................
RL–11B ........................................................................................................................................
RL–11D ........................................................................................................................................
RL–11D1 ......................................................................................................................................
RL–250 ........................................................................................................................................
600
6,000
11,950
50
100
5,000
250
600
11,950
10
10
30
20
25
10
10
20
10
100
1,000
5,975
17
42
833
42
200
1,992
Total ......................................................................................................................................
36,500
........................
10,201
2. Title and Purpose of Information
Collection: Report of Stock Options and
Other Payments; OMB 3220–0203
The Railroad Retirement Board (RRB)
is directed by 45 U.S.C. 231f(c)(2) to
establish a financial interchange (FI)
between the railroad retirement and
social security systems to place the
Social Security Old-Age and Survivors
Insurance (OASI) and Disability
Insurance (DI) Trust Funds and the
Centers for Medicare and Medicaid
Services (CMS) Hospital Insurance (HI)
Trust Fund in the same condition they
would have been had railroad
employment been covered by the Social
Security Act and Federal Insurance
Contributions Act (FICA). Each year, the
RRB estimates the benefits and expenses
that would have been paid by these trust
funds, as well as the payroll taxes and
income taxes that would have been
received by them. To make these
estimates, the RRB requires information
on all earnings data that are not taxable
under the Railroad Retirement Tax Act
(RRTA) but would be taxable under
FICA.
A recent court ruling, Wisconsin
Central Ltd. v. U.S., determined that
non-qualified stock options (NQSOs) are
not taxable under section 3231 of RRTA
but would be taxable under FICA.
Additionally, in Union Pacific Railroad
Co. v. U.S., the Eight Circuit Court of
Appeals determined whether certain
ratification payments were taxable
under the RRTA. The RRB requires
railroad employer to provide
information on the value of NQSOs and
any ratification payments from the
railroad employer separately from a
railroad worker’s reported RRTA
compensation to determine the payroll
taxes due to the Social Security
Administration (SSA) and CMS and
administer transfer of funds between the
RRB, SSA and CMS accordingly.
The payroll information collected
from the BA–15 is essential for the
calculation of payroll taxes and benefits
used by the FI. Failure to collect NQSOs
and ratification payment information
will result in understating the payroll
taxes that should have been collected
and the benefit amounts that would
have been payable under the Social
Security Act for FI purposes. Accurate
compensation file tabulations are also
an integral part of the data needed to
estimate future tax revenues and
corresponding FI amounts. Without
information on NQSOs and ratification
payments, the amount of funds to be
transferred between the RRB, SSA and
CMS cannot be determined.
Previous Requests for Comments: The
RRB has already published the initial
60-day notice (88 FR 73055 on October
24, 2023) required by 44 U.S.C.
3506(c)(2). That request elicited no
comments.
Information Collection Request (ICR)
Title: Report of Stock Options and
Other Payments.
OMB Control Number: 3220–0203.
Form(s) submitted: BA–15.
Type of request: Revision of a
currently approved collection of
information.
Affected public: Private Sector;
Businesses or other for-profits.
Abstract: Section 7(b) (6) of the
Railroad Retirement Act (45 U.S.C.
231f(c)(2)) requires a financial
interchange between the SSA, CMS, and
the RRB trust funds. The collection
obtains non-qualified stock options and
ratification payments for railroad
employees. The information is used to
calculate the correct payroll taxes and
benefits that would have been paid to
place the OASIDI and CMS trust funds
in the same condition they would have
been had railroad employment been
covered by the SS and FIC acts.
Changes proposed: The RRB proposes
minor non burden impacting changes to
the Form BA–15:
• remove the word ‘‘ratification’’ and
replace with ‘‘other’’ in the first
paragraph of the form and section 24–
27 of the Form tab,
• remove the word ‘‘ratification’’ and
replace with ‘‘other’’ in the Instructions
tab for number 14–17 & 24–27,
• remove the word ‘‘ratification’’ and
replace with ‘‘other’’ in the Data Layout
tab for 28–31, and
• remove the first row titled
‘‘Column’’ in the Data Layout tab.
The burden estimate for the ICR is as
follows:
ddrumheller on DSK120RN23PROD with NOTICES1
ESTIMATE OF ANNUAL RESPONDENT BURDEN
Form
number
Annual
responses
Time
(minutes)
Burden
(hours)
BA–15 (by secure Email, FTP, or CD–ROM)—Positive .............................................................
BA–15 ( by secure Email, FTP, or CD–ROM)—Negative ..........................................................
50
550
300
15
250
137.5
Total ......................................................................................................................................
600
........................
388
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90222
Federal Register / Vol. 88, No. 249 / Friday, December 29, 2023 / Notices
Additional Information or Comments:
Copies of the forms and supporting
documents can be obtained from
Kennisha Money at (312) 469–2591 or
Kennisha.Money@rrb.gov.
Comments regarding the information
collection should be addressed to Brian
Foster, Railroad Retirement Board, 844
North Rush Street, Chicago, Illinois,
60611–1275 or Brian.Foster@rrb.gov and
to the OMB Desk Officer for the RRB,
Fax: 202–395–6974, Email address:
OIRA_Submission@omb.eop.gov.
Brian Foster,
Clearance Officer.
[FR Doc. 2023–28760 Filed 12–28–23; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–420, OMB Control No.
3235–0479]
ddrumheller on DSK120RN23PROD with NOTICES1
Submission for OMB Review;
Comment Request; Extension: Rule
15c2–7
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 15c2–7 (17 CFR 240.15c2–7) under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.).
Rule 15c2–7 places disclosure
requirements on broker-dealers who
have correspondent relationships, or
agreements identified in the Rule, with
other broker-dealers. Whenever any
such broker-dealer enters a quotation for
a security through an inter-dealer
quotation system, Rule 15c2–7 requires
the broker-dealer to disclose these
relationships and agreements in the
manner required by the Rule. The interdealer quotation system must also be
able to make these disclosures public in
association with the quotation the
broker-dealer is making.
When Rule 15c2–7 was adopted in
1964, the information it requires was
necessary for execution of the
Commission’s mandate under the
Securities Exchange Act of 1934 to
prevent fraudulent, manipulative, and
deceptive acts by broker-dealers. In the
absence of the information collection
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required under Rule 15c2–7, investors
and broker-dealers would have been
unable to accurately determine the
market depth of, and demand for,
securities in an inter-dealer quotation
system.
There are approximately 3,493 brokerdealers registered with the Commission.
Any of these broker-dealers could be
potential respondents for Rule 15c2–7,
so the Commission is using that number
as the number of respondents. Rule
15c2–7 applies only to quotations
entered into an inter-dealer quotation
system, such as OTC Link, operated by
OTC Markets Group Inc. (‘‘OTC Link’’).
According to a representative of OTC
Link, it has not received any Rule 15c2–
7 notices since the previous PRA
extension for Rule 15c2–7 in 2020; nor
does OTC Link anticipate receiving any
Rule 15c2–7 notices. However, because
such notices could be made, the
Commission estimates that one filing is
made annually pursuant to Rule 15c2–
7.
Based on prior industry reports, the
Commission estimates that the average
time required to enter a disclosure
pursuant to the Rule is .75 minutes, or
45 seconds. The Commission sees no
reason to change this estimate. We
estimate that impacted respondents
spend a total of .0125 hours per year to
comply with the requirements of Rule
15c2–7 (1 notice (×) 45 seconds/notice).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
The public may view background
documentation for this information
collection at the following website:
www.reginfo.gov. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent by
January 29, 2024 to (i) www.reginfo.gov/
public/do/PRAMain and (ii) David
Bottom, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o John Pezzullo, 100 F
Street NE, Washington, DC 20549, or by
sending an email to: PRA_Mailbox@
sec.gov.
Dated: December 26, 2023.
Christina Z. Milnor,
Assistant Secretary.
[FR Doc. 2023–28785 Filed 12–28–23; 8:45 am]
BILLING CODE 8011–01–P
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SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #20128 and #20129;
KANSAS Disaster Number KS–20002]
Administrative Disaster Declaration of
a Rural Area for the State of Kansas
U.S. Small Business
Administration.
ACTION: Notice.
AGENCY:
This is a notice of an
Administrative disaster declaration of a
rural area for the State of Kansas dated
12/22/2023.
Incident: Severe Storms, Straight-Line
Winds, Tornadoes and Flooding.
Incident Period: 07/14/2023 through
07/21/2023.
DATES: Issued on 12/22/2023.
Physical Loan Application Deadline
Date: 02/20/2024.
Economic Injury (EIDL) Loan
Application Deadline Date: 09/23/2024.
ADDRESSES: Visit the MySBA Loan
Portal at https://lending.sba.gov to
apply for a disaster assistance loan.
FOR FURTHER INFORMATION CONTACT:
Alan Escobar, Office of Disaster
Recovery & Resilience, U.S. Small
Business Administration, 409 3rd Street
SW, Suite 6050, Washington, DC 20416,
(202) 205–6734.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that as a result of the
Administrator’s disaster declaration of a
rural area, applications for disaster
loans may be submitted online using the
MySBA Loan Portal https://lending.
sba.gov or other locally announced
locations. Please contact the SBA
disaster assistance customer service
center by email at
disastercustomerservice@sba.gov or by
phone at 1–800–659–2955 for further
assistance.
The following areas have been
determined to be adversely affected by
the disaster:
Primary Counties: Wallace
The Interest Rates are:
SUMMARY:
Percent
For Physical Damage:
Homeowners with Credit Available Elsewhere ......................
Homeowners without Credit
Available Elsewhere ..............
Businesses with Credit Available Elsewhere ......................
Businesses without Credit
Available Elsewhere ..............
Non-Profit Organizations with
Credit Available Elsewhere ...
Non-Profit Organizations without Credit Available Elsewhere .....................................
For Economic Injury:
E:\FR\FM\29DEN1.SGM
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5.000
2.500
8.000
4.000
2.375
2.375
]]>Agencies
[Federal Register Volume 88, Number 249 (Friday, December 29, 2023)]
[Notices]
[Pages 90220-90222]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-28760]
=======================================================================
-----------------------------------------------------------------------
RAILROAD RETIREMENT BOARD
Agency Forms Submitted for OMB Review, Request for Comments
In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C.
chapter 35), the Railroad Retirement Board (RRB) is forwarding an
Information Collection Request (ICR) to the Office of Information and
Regulatory Affairs (OIRA), Office of Management and Budget (OMB). Our
ICR describes the information we seek to collect from the public.
Review and approval by OIRA ensures that we impose appropriate
paperwork burdens.
The RRB invites comments on the proposed collections of information
to determine (1) the practical utility of the collections; (2) the
accuracy of the estimated burden of the collections; (3) ways to
enhance the quality, utility, and clarity of the information that is
the subject of collection; and (4) ways to minimize the burden of
collections on respondents, including the use of automated collection
techniques or other forms of information technology. Comments to the
RRB or OIRA must contain the OMB control number of the ICR. For proper
consideration of your comments, it is best if the RRB and OIRA receive
them within 30 days of the publication date.
1. Title and Purpose of Information Collection: Medical Reports; OMB
3220-0038
Under sections 2(a)(1)(iv) and 2(a)(1)(v) of the Railroad
Retirement Act (RRA) (45 U.S.C. 231a), annuities are payable to
qualified railroad employees whose physical or mental condition makes
them unable to (1) work in their regular occupation (occupational
disability) or (2) work at all (total disability). The requirements for
establishing disability and proof of continuing disability under the
RRA are prescribed in 20 CFR 220.
Annuities are also payable to (1) qualified spouses and widow(ers)
under sections 2(c)(1)(ii)(C) and 2(d)(1)(ii) of the RRA who have a
qualifying child who became disabled before age 22; (2) surviving
children on the basis of disability under section 2(d)(1)(iii)(C), if
the child's disability began before age 22; and (3) widow(er)s on the
basis of disability under section 2(d)(1)(i)(B). To meet the disability
standard, the RRA provides that individuals must have a permanent
physical or mental condition that makes them unable to engage in any
regular employment.
Under section 2(d)(1)(v) of the RRA, annuities are also payable to
remarried widow(er)s and surviving divorced spouses on the basis of,
among other things, disability or having a qualifying disabled child in
care. However, the disability standard in these cases is that found in
the Social Security Act. That is, individuals must be unable to engage
in any substantial gainful activity by reason of any medically
determinable physical or mental impairment. The RRB also determines
entitlement to a Period of Disability and entitlement to early Medicare
based on disability for qualified claimants in accordance with section
216 of the Social Security Act.
When making disability determinations, the RRB needs evidence from
acceptable medical sources. The RRB currently utilizes Forms G-3EMP,
Report of Medical Condition by Employer; G-197, Authorization to
Disclose Information to the Railroad Retirement Board; G-250, Medical
Assessment; G-250A, Medical Assessment of Residual Functional Capacity;
G-260, Report of Seizure Disorder; RL-11B, Disclosure of Hospital
Medical Records; RL-11D, Disclosure of Medical Records from a State
Agency; RL-11D1, Request for Medical Evidence from Employers, and RL-
250, Request for Medical Assessment, to obtain the necessary medical
evidence. One response is requested of each respondent. Completion is
required for all forms to obtain benefits except Form RL-11D1, which is
voluntary.
Previous Requests for Comments: The RRB has already published the
initial 60-day notice (88 FR 73054 on October 24, 2023) required by 44
U.S.C. 3506(c)(2). That request elicited no comments.
Information Collection Request (ICR)
Title: Medical Reports.
OMB Control Number: 3220-0038.
Form(s) submitted: G-3EMP, G-197, G-250, G-250a, G-260, RL-11B, RL-
11D, RL-11D1, and RL-250.
Type of request: Extension without change of a currently approved
collection.
Affected public: Individuals or households; Private Sector; State,
Local and Tribal Government.
Abstract: The Railroad Retirement Act provides disability annuities
for qualified railroad employees whose physical or mental condition
renders
[[Page 90221]]
them incapable of working in their regular occupation (occupational
disability) or any occupation (total disability). The medical reports
obtain information needed for determining the nature and severity of
the impairment.
Changes proposed: The RRB proposes no changes to Form G-3EMP, G-
197, G-250, G-250A, G-260, RL-11B, RL-11D, RL-11D1, and RL-250.
The burden estimate for the ICR is as follows:
----------------------------------------------------------------------------------------------------------------
Annual
Form number responses Time (minutes) Burden (hours)
----------------------------------------------------------------------------------------------------------------
G-3EMP.......................................................... 600 10 100
G-197........................................................... 6,000 10 1,000
G-250........................................................... 11,950 30 5,975
G-250A.......................................................... 50 20 17
G-260........................................................... 100 25 42
RL-11B.......................................................... 5,000 10 833
RL-11D.......................................................... 250 10 42
RL-11D1......................................................... 600 20 200
RL-250.......................................................... 11,950 10 1,992
-----------------------------------------------
Total....................................................... 36,500 .............. 10,201
----------------------------------------------------------------------------------------------------------------
2. Title and Purpose of Information Collection: Report of Stock Options
and Other Payments; OMB 3220-0203
The Railroad Retirement Board (RRB) is directed by 45 U.S.C.
231f(c)(2) to establish a financial interchange (FI) between the
railroad retirement and social security systems to place the Social
Security Old-Age and Survivors Insurance (OASI) and Disability
Insurance (DI) Trust Funds and the Centers for Medicare and Medicaid
Services (CMS) Hospital Insurance (HI) Trust Fund in the same condition
they would have been had railroad employment been covered by the Social
Security Act and Federal Insurance Contributions Act (FICA). Each year,
the RRB estimates the benefits and expenses that would have been paid
by these trust funds, as well as the payroll taxes and income taxes
that would have been received by them. To make these estimates, the RRB
requires information on all earnings data that are not taxable under
the Railroad Retirement Tax Act (RRTA) but would be taxable under FICA.
A recent court ruling, Wisconsin Central Ltd. v. U.S., determined
that non-qualified stock options (NQSOs) are not taxable under section
3231 of RRTA but would be taxable under FICA. Additionally, in Union
Pacific Railroad Co. v. U.S., the Eight Circuit Court of Appeals
determined whether certain ratification payments were taxable under the
RRTA. The RRB requires railroad employer to provide information on the
value of NQSOs and any ratification payments from the railroad employer
separately from a railroad worker's reported RRTA compensation to
determine the payroll taxes due to the Social Security Administration
(SSA) and CMS and administer transfer of funds between the RRB, SSA and
CMS accordingly.
The payroll information collected from the BA-15 is essential for
the calculation of payroll taxes and benefits used by the FI. Failure
to collect NQSOs and ratification payment information will result in
understating the payroll taxes that should have been collected and the
benefit amounts that would have been payable under the Social Security
Act for FI purposes. Accurate compensation file tabulations are also an
integral part of the data needed to estimate future tax revenues and
corresponding FI amounts. Without information on NQSOs and ratification
payments, the amount of funds to be transferred between the RRB, SSA
and CMS cannot be determined.
Previous Requests for Comments: The RRB has already published the
initial 60-day notice (88 FR 73055 on October 24, 2023) required by 44
U.S.C. 3506(c)(2). That request elicited no comments.
Information Collection Request (ICR)
Title: Report of Stock Options and Other Payments.
OMB Control Number: 3220-0203.
Form(s) submitted: BA-15.
Type of request: Revision of a currently approved collection of
information.
Affected public: Private Sector; Businesses or other for-profits.
Abstract: Section 7(b) (6) of the Railroad Retirement Act (45
U.S.C. 231f(c)(2)) requires a financial interchange between the SSA,
CMS, and the RRB trust funds. The collection obtains non-qualified
stock options and ratification payments for railroad employees. The
information is used to calculate the correct payroll taxes and benefits
that would have been paid to place the OASIDI and CMS trust funds in
the same condition they would have been had railroad employment been
covered by the SS and FIC acts.
Changes proposed: The RRB proposes minor non burden impacting
changes to the Form BA-15:
remove the word ``ratification'' and replace with
``other'' in the first paragraph of the form and section 24-27 of the
Form tab,
remove the word ``ratification'' and replace with
``other'' in the Instructions tab for number 14-17 & 24-27,
remove the word ``ratification'' and replace with
``other'' in the Data Layout tab for 28-31, and
remove the first row titled ``Column'' in the Data Layout
tab.
The burden estimate for the ICR is as follows:
Estimate of Annual Respondent Burden
----------------------------------------------------------------------------------------------------------------
Annual
Form number responses Time (minutes) Burden (hours)
----------------------------------------------------------------------------------------------------------------
BA-15 (by secure Email, FTP, or CD-ROM)--Positive............... 50 300 250
BA-15 ( by secure Email, FTP, or CD-ROM)--Negative.............. 550 15 137.5
-----------------------------------------------
Total....................................................... 600 .............. 388
----------------------------------------------------------------------------------------------------------------
[[Page 90222]]
Additional Information or Comments: Copies of the forms and
supporting documents can be obtained from Kennisha Money at (312) 469-
2591 or [email protected].
Comments regarding the information collection should be addressed
to Brian Foster, Railroad Retirement Board, 844 North Rush Street,
Chicago, Illinois, 60611-1275 or [email protected] and to the OMB
Desk Officer for the RRB, Fax: 202-395-6974, Email address:
[email protected].
Brian Foster,
Clearance Officer.
[FR Doc. 2023-28760 Filed 12-28-23; 8:45 am]
BILLING CODE 7905-01-P
