Request for Information-SECURE 2.0 Section 319-Effectiveness of Reporting and Disclosure Requirements, 22971-22972 [2024-07018]
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22971
Proposed Rules
Federal Register
Vol. 89, No. 65
Wednesday, April 3, 2024
This section of the FEDERAL REGISTER
contains notices to the public of the proposed
issuance of rules and regulations. The
purpose of these notices is to give interested
persons an opportunity to participate in the
rule making prior to the adoption of the final
rules.
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1, 54, and 301
RIN 1545–BQ98
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
29 CFR Parts 2510, 2520, and 2550
RIN 1210–AC09
PENSION BENEFIT GUARANTY
CORPORATION
29 CFR Parts 4000, 4007, 4010, 4041,
4041A, 4043, 4050, 4062, 4063, 4204,
4211, 4219, 4231, 4245, 4262, and 4281
RIN 1212–AB58
Request for Information—SECURE 2.0
Section 319—Effectiveness of
Reporting and Disclosure
Requirements
Internal Revenue Service, U.S.
Department of the Treasury. Employee
Benefits Security Administration, U.S.
Department of Labor. Pension Benefit
Guaranty Corporation.
ACTION: Request for information;
extension of comment period.
AGENCY:
This document extends the
comment period for the request for
information entitled ‘‘SECURE 2.0
Section 319—Effectiveness of Reporting
and Disclosure Requirements’’ that was
published in the January 23, 2024, issue
of the Federal Register. The comment
period for the request for information,
which had been scheduled to close on
April 22, 2024, is extended 30 days to
May 22, 2024.
DATES: The comment period for the
request for information published
January 23, 2024, at 89 FR 4215, is
extended. To be assured consideration,
comments must be received at one of
the addresses provided below no later
than May 22, 2024.
lotter on DSK11XQN23PROD with PROPOSALS1
SUMMARY:
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22:39 Apr 02, 2024
Jkt 262001
Written comments,
identified by RIN 1210–AC09, may be
submitted to one of the addresses
specified below. Any comment that is
submitted will be shared with the
Department of the Treasury, the Internal
Revenue Service (IRS), and the Pension
Benefit Guaranty Corporation (PBGC).
Please do not submit duplicates.
• Federal eRulemaking Portal:
www.regulations.gov. Follow the
instructions for submitting comments.
• Mail: Please address to ‘‘Attention:
Comment Extension; Request for
Information—SECURE 2.0 Section
319—Effectiveness of Reporting and
Disclosure Requirements.’’ Office of
Regulations and Interpretations,
Employee Benefits Security
Administration, U.S. Department of
Labor, Room N–5655, U.S. Department
of Labor, 200 Constitution Avenue NW,
Washington, DC 20210.
Instructions: Persons submitting
comments electronically are encouraged
not to submit paper copies. Comments
will be available to the public, without
charge, at www.regulations.gov, on the
Department of Labor’s website at
www.dol.gov/agencies/ebsa/laws-andregulations/rules-and-regulations/
public-comments, and at the Public
Disclosure Room, EBSA, U.S.
Department of Labor, Suite N–1515, 200
Constitution Avenue NW, Washington,
DC 20210. Comments may also be
accessed from PBGC’s website at
www.pbgc.gov.
Warning: Do not include any
personally identifiable or confidential
business information that you do not
want publicly disclosed. Comments are
public records and can be retrieved by
most internet search engines.
FOR FURTHER INFORMATION CONTACT:
Kristen Zarenko, Office of Regulations
and Interpretations, EBSA, Labor
Department, (202) 693–8500. Jamie
Dvoretzky, Office of Associate Chief
Counsel (Employee Benefits, Exempt
Organizations, and Employment Taxes
(CC:EEE)), IRS, Treasury Department, at
(202) 317–4102. David Simonetti, Legal
Policy Division, Office of the General
Counsel, PBGC, (202) 229–4362.
SUPPLEMENTARY INFORMATION: In the
request for information (RFI), entitled
‘‘Request for Information—SECURE 2.0
Section 319—Effectiveness of Reporting
and Disclosure Requirements,’’ released
by the Department of Labor (Labor
Department), Department of the
ADDRESSES:
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Fmt 4702
Sfmt 4702
Treasury (Treasury Department), and
Pension Benefit Guaranty Corporation
(PBGC) (collectively, the Agencies), the
Agencies requested commenters’ input
in response to a series of 24 questions
relevant to section 319 of the SECURE
2.0 Act of 2022 (SECURE 2.0).1
Specifically, SECURE 2.0 section 319
includes a wide-ranging directive to the
Agencies to review each Agency’s
existing reporting and disclosure
requirements under the Internal
Revenue Code (Code) and the Employee
Retirement Income Security Act (ERISA)
for retirement plans. The Agencies are
directed to then report to Congress on
the effectiveness of these reporting and
disclosure requirements, including
recommendations to consolidate,
simplify, standardize, and improve such
requirements. The comment period for
the RFI is scheduled to close on April
22, 2024.
Since the publication of the RFI in the
Federal Register, interested parties have
expressed concern with their ability to
respond fully to the RFI by April 22,
given the breadth of the topics and the
significant number of questions raised
in the RFI. These parties observe that
significant work must be done to
consider these topics adequately,
including the collection and
coordination of relevant data and
information, research of the
considerable laws, regulations, and
other guidance implicated by the
questions in the RFI, and preparation of
meaningful responses to the Agencies’
questions. The Agencies value robust
public feedback as part of their
mandated review of the effectiveness of
Code and ERISA reporting and
disclosure requirements. This feedback
will be an integral resource for the
Agencies in preparing the report to
Congress, no later than December 29,
2025, as required by section 319 of
SECURE 2.0. In response to these
requests, the Agencies are extending the
period for submitting comments on the
RFI by an additional 30 days. To be
assured consideration, comments on the
RFI must be received no later than May
22, 2024.
1 The SECURE 2.0 Act of 2022, Division T of the
Consolidated Appropriations Act, 2023, Public Law
117–328, 136 Stat. 4459 (2022).
E:\FR\FM\03APP1.SGM
03APP1
22972
Federal Register / Vol. 89, No. 65 / Wednesday, April 3, 2024 / Proposed Rules
Signed at Washington, DC.
Rachel D. Levy,
Associate Chief Counsel (Employee Benefits,
Exempt Organizations, and Employment
Taxes), Internal Revenue Service, Department
of the Treasury.
Helen H. Morrison,
Benefits Tax Counsel, Department of the
Treasury.
Lisa M. Gomez,
Assistant Secretary, Employee Benefits
Security Administration, Department of
Labor.
Gordon Hartogensis,
Director, Pension Benefit Guaranty
Corporation.
[FR Doc. 2024–07018 Filed 4–2–24; 8:45 am]
BILLING CODE 4510–29–P; 4830–01–P; 7709–02–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 751
[EPA–HQ–OPPT–2024–0085; FRL–5398–05–
OCSPP]
RIN 2070–AJ64
Lead Wheel Weights; Regulatory
Investigation Under the Toxic
Substances Control Act (TSCA)
Environmental Protection
Agency (EPA).
ACTION: Advance notice of proposed
rulemaking (ANPRM).
AGENCY:
lotter on DSK11XQN23PROD with PROPOSALS1
I. Executive Summary
The Environmental Protection
Agency (EPA or the Agency) is
requesting comments and information to
assist in the potential development of
regulations for the manufacture
(including importing), processing
(including recycling), and distribution
in commerce of lead for wheelbalancing weights (‘‘lead wheel
weights’’) under the Toxic Substances
Control Act (TSCA). To inform this
consideration, EPA is requesting
comment and information from all
stakeholders on the use and exposure to
lead from the manufacture (including
importing), processing (including
recycling), distribution in commerce,
use, and disposal of lead wheel weights,
as well as information on their
substitutes, to help determine if there is
unreasonable risk to human health and
the environment associated with this
use. This action is relevant to a petition
for a writ of mandamus filed in August
2023, by the Ecology Center, Center for
Environmental Health, United Parents
Against Lead & Other Environmental
Hazards, and Sierra Club in the United
States Court of Appeals for the Ninth
Circuit requesting the court to direct
SUMMARY:
VerDate Sep<11>2014
18:17 Apr 02, 2024
Jkt 262001
EPA to conduct a rulemaking regulating
lead wheel weights under TSCA.
DATES: Comments must be received on
or before May 3, 2024.
ADDRESSES: Submit your comments,
identified by docket identification (ID)
number EPA–HQ–OPPT–2024–0085,
through https://www.regulations.gov.
Follow the online instructions for
submitting comments. Do not submit
electronically any information you
consider to be Confidential Business
Information (CBI) or other information
whose disclosure is restricted by statute.
Additional instructions on commenting
and visiting the docket, along with more
information about dockets generally, is
available at https://www.epa.gov/
dockets.
FOR FURTHER INFORMATION CONTACT:
Technical information contact: Sofie
Sonner, Existing Chemicals Risk
Management Division (7404M), Office of
Pollution Prevention and Toxics,
Environmental Protection Agency, 1200
Pennsylvania Ave. NW, Washington, DC
20460–0001; telephone number: (202)
565–2414; email address: sonner.sofie@
epa.gov.
General information contact: The
TSCA Hotline, ABVI-Goodwill, 422
South Clinton Ave., Rochester, NY
14620; email address: TSCA-Hotline@
epa.gov.
SUPPLEMENTARY INFORMATION:
A. Does this action apply to me?
You may be potentially affected by
this action if you manufacture
(including import), process (including
recycling), distribute in commerce,
dispose of, or use lead wheel weights,
or their substitutes. The following list of
North American Industrial
Classification System (NAICS) codes is
not intended to be exhaustive, but rather
provides a guide to help readers
determine whether this document
applies to them. Potentially affected
entities may include:
• Lead Ore and Zinc Ore Mining
(NAICS code 212231);
• Primary Smelting and Refining of
Nonferrous Metal (except Copper and
Aluminum) (NAICS code 331419);
• Secondary Smelting, Refining, and
Alloying of Nonferrous Metal (except
Copper and Aluminum) (NAICS code
331492);
• Lead die-castings, unfinished,
manufacturing (NAICS code 331523);
• Automobile Manufacturing (NAICS
code 336111);
• Light Truck and Utility Vehicle
Manufacturing (NAICS code 336112);
• Heavy Duty Truck Manufacturing
(NAICS code 336120);
PO 00000
Frm 00002
Fmt 4702
Sfmt 4702
• All Other Motor Vehicles Parts
Manufacturing (NAICS code 336399);
• Motorcycle, Bicycle, and Parts
Manufacturing (NAICS code 336991);
• Automobile and Other Motor
Vehicle Merchant Wholesalers (NAICS
code 423110);
• Motor Vehicle Supplies and New
Parts Merchant Wholesalers (NAICS
code 423120);
• Tire and Tube Merchant
Wholesalers (NAICS code 423130);
• Motor Vehicle Parts (Used)
Merchant Wholesalers (NAICS code
423140);
• New Car Dealers (NAICS code
441110);
• Used Car Dealers (NAICS code
441120);
• Recreational Vehicle Dealers
(NAICS code 441210);
• Motorcycle, Boat, and Other Motor
Vehicle Dealers (NAICS code 441220);
• Automotive Parts and Accessories
Stores (NAICS code 441310);
• Tire Dealers (NAICS code 441320);
• General Automotive Repair (NAICS
code 811111);
• Other Automotive Mechanical and
Electrical Repair and Maintenance
(NAICS code 811118);
• Automotive Oil Change and
Lubrication Shops (NAICS code
811191); and
• All Other Automotive Repair and
Maintenance (NAICS code 811198).
If you have any questions regarding
the applicability of this action, please
consult the technical information
contact listed under FOR FURTHER
INFORMATION CONTACT.
B. What is the Agency’s authority for
taking this action?
This action is being taken under the
Toxic Substances Control Act, 15 U.S.C.
2601 et seq.
TSCA section 21 allows citizens to
petition EPA to initiate a rulemaking
proceeding for the issuance,
amendment, or repeal of a rule under
TSCA sections 4, 6, or 8 or an order
under TSCA sections 4 or 5(e) through
(f). If EPA grants such a petition, the
Agency must promptly commence an
appropriate proceeding.
Under TSCA section 6(a), if EPA
determines that the manufacture,
processing, distribution in commerce,
use, or disposal of a chemical substance
presents an unreasonable risk to human
health or the environment, it must
‘‘apply one or more of the [TSCA
section 6(a)] requirements . . . to the
extent necessary so that the chemical
substance . . . no longer presents such
risk,’’ which may range from prohibiting
or otherwise restricting the
manufacturing, processing, or
E:\FR\FM\03APP1.SGM
03APP1
Agencies
[Federal Register Volume 89, Number 65 (Wednesday, April 3, 2024)]
[Proposed Rules]
[Pages 22971-22972]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-07018]
========================================================================
Proposed Rules
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains notices to the public of
the proposed issuance of rules and regulations. The purpose of these
notices is to give interested persons an opportunity to participate in
the rule making prior to the adoption of the final rules.
========================================================================
Federal Register / Vol. 89, No. 65 / Wednesday, April 3, 2024 /
Proposed Rules
[[Page 22971]]
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1, 54, and 301
RIN 1545-BQ98
DEPARTMENT OF LABOR
Employee Benefits Security Administration
29 CFR Parts 2510, 2520, and 2550
RIN 1210-AC09
PENSION BENEFIT GUARANTY CORPORATION
29 CFR Parts 4000, 4007, 4010, 4041, 4041A, 4043, 4050, 4062, 4063,
4204, 4211, 4219, 4231, 4245, 4262, and 4281
RIN 1212-AB58
Request for Information--SECURE 2.0 Section 319--Effectiveness of
Reporting and Disclosure Requirements
AGENCY: Internal Revenue Service, U.S. Department of the Treasury.
Employee Benefits Security Administration, U.S. Department of Labor.
Pension Benefit Guaranty Corporation.
ACTION: Request for information; extension of comment period.
-----------------------------------------------------------------------
SUMMARY: This document extends the comment period for the request for
information entitled ``SECURE 2.0 Section 319--Effectiveness of
Reporting and Disclosure Requirements'' that was published in the
January 23, 2024, issue of the Federal Register. The comment period for
the request for information, which had been scheduled to close on April
22, 2024, is extended 30 days to May 22, 2024.
DATES: The comment period for the request for information published
January 23, 2024, at 89 FR 4215, is extended. To be assured
consideration, comments must be received at one of the addresses
provided below no later than May 22, 2024.
ADDRESSES: Written comments, identified by RIN 1210-AC09, may be
submitted to one of the addresses specified below. Any comment that is
submitted will be shared with the Department of the Treasury, the
Internal Revenue Service (IRS), and the Pension Benefit Guaranty
Corporation (PBGC). Please do not submit duplicates.
Federal eRulemaking Portal: www.regulations.gov. Follow
the instructions for submitting comments.
Mail: Please address to ``Attention: Comment Extension;
Request for Information--SECURE 2.0 Section 319--Effectiveness of
Reporting and Disclosure Requirements.'' Office of Regulations and
Interpretations, Employee Benefits Security Administration, U.S.
Department of Labor, Room N-5655, U.S. Department of Labor, 200
Constitution Avenue NW, Washington, DC 20210.
Instructions: Persons submitting comments electronically are
encouraged not to submit paper copies. Comments will be available to
the public, without charge, at www.regulations.gov, on the Department
of Labor's website at www.dol.gov/agencies/ebsa/laws-and-regulations/rules-and-regulations/public-comments, and at the Public Disclosure
Room, EBSA, U.S. Department of Labor, Suite N-1515, 200 Constitution
Avenue NW, Washington, DC 20210. Comments may also be accessed from
PBGC's website at www.pbgc.gov.
Warning: Do not include any personally identifiable or confidential
business information that you do not want publicly disclosed. Comments
are public records and can be retrieved by most internet search
engines.
FOR FURTHER INFORMATION CONTACT: Kristen Zarenko, Office of Regulations
and Interpretations, EBSA, Labor Department, (202) 693-8500. Jamie
Dvoretzky, Office of Associate Chief Counsel (Employee Benefits, Exempt
Organizations, and Employment Taxes (CC:EEE)), IRS, Treasury
Department, at (202) 317-4102. David Simonetti, Legal Policy Division,
Office of the General Counsel, PBGC, (202) 229-4362.
SUPPLEMENTARY INFORMATION: In the request for information (RFI),
entitled ``Request for Information--SECURE 2.0 Section 319--
Effectiveness of Reporting and Disclosure Requirements,'' released by
the Department of Labor (Labor Department), Department of the Treasury
(Treasury Department), and Pension Benefit Guaranty Corporation (PBGC)
(collectively, the Agencies), the Agencies requested commenters' input
in response to a series of 24 questions relevant to section 319 of the
SECURE 2.0 Act of 2022 (SECURE 2.0).\1\ Specifically, SECURE 2.0
section 319 includes a wide-ranging directive to the Agencies to review
each Agency's existing reporting and disclosure requirements under the
Internal Revenue Code (Code) and the Employee Retirement Income
Security Act (ERISA) for retirement plans. The Agencies are directed to
then report to Congress on the effectiveness of these reporting and
disclosure requirements, including recommendations to consolidate,
simplify, standardize, and improve such requirements. The comment
period for the RFI is scheduled to close on April 22, 2024.
---------------------------------------------------------------------------
\1\ The SECURE 2.0 Act of 2022, Division T of the Consolidated
Appropriations Act, 2023, Public Law 117-328, 136 Stat. 4459 (2022).
---------------------------------------------------------------------------
Since the publication of the RFI in the Federal Register,
interested parties have expressed concern with their ability to respond
fully to the RFI by April 22, given the breadth of the topics and the
significant number of questions raised in the RFI. These parties
observe that significant work must be done to consider these topics
adequately, including the collection and coordination of relevant data
and information, research of the considerable laws, regulations, and
other guidance implicated by the questions in the RFI, and preparation
of meaningful responses to the Agencies' questions. The Agencies value
robust public feedback as part of their mandated review of the
effectiveness of Code and ERISA reporting and disclosure requirements.
This feedback will be an integral resource for the Agencies in
preparing the report to Congress, no later than December 29, 2025, as
required by section 319 of SECURE 2.0. In response to these requests,
the Agencies are extending the period for submitting comments on the
RFI by an additional 30 days. To be assured consideration, comments on
the RFI must be received no later than May 22, 2024.
[[Page 22972]]
Signed at Washington, DC.
Rachel D. Levy,
Associate Chief Counsel (Employee Benefits, Exempt Organizations, and
Employment Taxes), Internal Revenue Service, Department of the
Treasury.
Helen H. Morrison,
Benefits Tax Counsel, Department of the Treasury.
Lisa M. Gomez,
Assistant Secretary, Employee Benefits Security Administration,
Department of Labor.
Gordon Hartogensis,
Director, Pension Benefit Guaranty Corporation.
[FR Doc. 2024-07018 Filed 4-2-24; 8:45 am]
BILLING CODE 4510-29-P; 4830-01-P; 7709-02-P