Proposed Collection; Comment Request for Information Collection Tools Relating to the Orphan Drug Credit, 90394-90395 [2024-26669]

Download as PDF 90394 Federal Register / Vol. 89, No. 221 / Friday, November 15, 2024 / Notices Designated pursuant to section l(a)(i) ofE.O. 14024 for operating or having operated in the technology sector of the Russian Federation economy. 171. JOINT STOCK COMPANY RESEARCH INSTITUTE OF POLYMERIC MATERIAL (a.k.a. JSC SCIENTIFIC-RESEARCH INSTITUTE OF POLYMER MATERIALS; a.k.a. "AO NIIPM"), UL Chistopolskaya D. 16, Perm 614113, Russia; UL Galpemia D. 11, K. 3 Str. 50/2, Perm 614042, Russia; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Tax ID No. 5908051070 (Russia); Registration Number 1125908001670 (Russia) [RUSSIAEO14024]. Designated pursuant to section l(a)(i) ofE.O. 14024 for operating or having operated in the technology sector of the Russian Federation economy. 172. NAUCHNO ISSLEDOVATELSKAYA LABORATORIYA AEROKOSMICHESKOI TEKHNIKI DOSAAF (a.k.a. NILAKT DOSAAF), UL Barrikad D. 174, Office 311, Kaluga 248018, Russia; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Tax ID No. 7733781710 (Russia); Registration Number 1117746842080 (Russia) [RUSSIA-EO14024]. Designated pursuant to section l(a)(i) ofE.O. 14024 for operating or having operated in the technology sector of the Russian Federation economy. [FR Doc. 2024–26668 Filed 11–14–24; 8:45 am] BILLING CODE 4810–AL–P DEVELOPMENT AND FOREIGN ECONOMIC AFFAIRS VNESHECONOMBANK). Notice of OFAC Action Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. Office of Foreign Assets Control On October 30, 2024, OFAC removed from the SSI List the entity listed below, who was subject to the prohibitions of Directive 1 imposed pursuant to E.O. 13662. Notice of OFAC Sanctions Action Entity DEPARTMENT OF THE TREASURY 1. PROMINVESTBANK (a.k.a. COMMERCIAL INDUSTRIAL AND INVESTMENT BANK PUBLIC JOINT STOCK COMPANY; a.k.a. JOINT STOCK COMMERCIAL INDUSTRIAL AND INVESTMENT BANK PUBLIC JOINT STOCK COMPANY; a.k.a. PSC PROMINVESTBANK; a.k.a. PUBLIC STOCK COMPANY JOINT STOCK COMMERCIAL INDUSTRIAL AND INVESTMENT BANK), 12, Shevchenko lane, Kyiv 01001, Ukraine; SWIFT/BIC UPIBUAUX; website pib.ua; Executive Order 13662 Directive Determination—Subject to Directive 1; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Organization Established Date 26 Aug 1992; Target Type Financial Institution; Registration Number 00039002 (Ukraine); All offices worldwide; for more information on directives, please visit the following link: https://www.treasury.gov/resource-center/ sanctions/Programs/Pages/ukraine.aspx# directives. [UKRAINE–EO13662] (Linked To: STATE CORPORATION BANK FOR Internal Revenue Service DEPARTMENT OF THE TREASURY 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 removal of an entity currently on OFAC’s Sectoral Sanctions Identifications List (SSI List) based on OFAC’s determination that one or more applicable legal criteria were satisfied. DATES: This action was issued on October 30, 2024. See SUPPLEMENTARY INFORMATION for relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global Targeting, 202–622–2420 or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: SUMMARY: khammond on DSKJM1Z7X2PROD with NOTICES programs are available on OFAC’s website: https://ofac.treasury.gov. Electronic Availability The SSI List and additional information concerning OFAC sanctions VerDate Sep<11>2014 16:11 Nov 14, 2024 Jkt 265001 PO 00000 Frm 00135 Fmt 4703 Sfmt 4703 [FR Doc. 2024–26666 Filed 11–14–24; 8:45 am] BILLING CODE 4810–AL–P Proposed Collection; Comment Request for Information Collection Tools Relating to the Orphan Drug Credit Internal Revenue Service (IRS), Treasury. AGENCY: Notice and request for comments. ACTION: 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 continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning information collection requirements related to the orphan drug credit. SUMMARY: E:\FR\FM\15NON1.SGM 15NON1 EN15NO24.042</GPH> Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. Federal Register / Vol. 89, No. 221 / Friday, November 15, 2024 / Notices Written comments should be received on or before January 14, 2025 to be assured of consideration. ADDRESSES: Direct all written comments to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or by email to pra.comments@irs.gov. Include OMB control number 1545– 1505 or Orphan Drug Credit, in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form should be directed to Kerry Dennis at (202) 317–5751, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at Kerry.L.Dennis@irs.gov. SUPPLEMENTARY INFORMATION: Title: Orphan Drug Credit. OMB Number: 1545–1505. Form Number: 8820. Abstract: Filers use this form to elect to claim the orphan drug credit, which is 50% of the qualified clinical testing expenses paid or incurred with respect to low or unprofitable drugs for rare diseases and conditions, as designated under section 526 of the Federal Food, Drug, and Cosmetic Act. Current Actions: There is no change in the form or paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 67. Estimated Time per Response: 4 hours, 42 min. Estimated Total Annual Burden Hours: 316 hours. The following paragraph applies to all the collections of information covered by this notice. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained if their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) whether the collection of information is necessary for the proper performance of the functions of the agency, including khammond on DSKJM1Z7X2PROD with NOTICES DATES: VerDate Sep<11>2014 16:11 Nov 14, 2024 Jkt 265001 whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: November 12, 2024. Kerry L. Dennis, Tax Analyst. [FR Doc. 2024–26669 Filed 11–14–24; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0060] Agency Information Collection Activity Under OMB Review: Claim for One Sum Payment Government Life Insurance, Claim for Monthly Payments Government Life Insurance, and Claim for One Sum Payment Government Life Insurance (DocuSign) Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden, and it includes the actual data collection instrument. DATES: Comments and recommendations for the proposed information collection should be sent by December 16, 2024. ADDRESSES: To submit comments and recommendations for the proposed information collection, please type the following link into your browser: www.reginfo.gov/public/do/PRAMain, select ‘‘Currently under Review—Open for Public Comments’’, then search the list for the information collection by Title or ‘‘OMB Control No. 2900–0060.’’ FOR FURTHER INFORMATION CONTACT: VA PRA information: Maribel Aponte, (202) SUMMARY: PO 00000 Frm 00136 Fmt 4703 Sfmt 4703 90395 461–8900, vacopaperworkreduact@ va.gov. SUPPLEMENTARY INFORMATION: Title: VA Form 29–4125, Claim for One Sum Payment—Government Life Insurance; VA Form 29–4125e (DocuSign) Claim for One Sum Payment—Government Life Insurance; VA Form 29–4125a, Claim for Monthly Payments—National Service Life Insurance. OMB Control Number: 2900–0060 https://www.reginfo.gov/public/do/ PRASearch. Type of Review: Revision of a currently approved collection. Abstract: These forms are used by beneficiaries applying for proceeds of Government Life Insurance policies. The VA Form 29–4125e has been added to this collection. This is an electronic version of the 29–4125. This form was created so beneficiaries can apply for insurance proceeds electronically. This will not affect the number of respondents but will make it easier and reduce the time it takes for beneficiaries to receive their insurance proceeds. The information requested on the forms is required by law, 38 U.S.C. 1917 and 1952. An agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. The Federal Register Notice with a 60-day comment period soliciting comments on this collection of information was published at 89 FR 73508, September 10, 2024. Affected Public: Individuals or Households. Estimated Annual Burden: 12,010 hours. Estimated Average Burden per Respondent: 6 minutes. Frequency of Response: On occasion. Estimated Number of Respondents: 120,100. Authority: 44 U.S.C. 3501 et seq. Maribel Aponte, VA PRA Clearance Officer, Office of Enterprise and Integration, Data Governance Analytics, Department of Veterans Affairs. [FR Doc. 2024–26645 Filed 11–14–24; 8:45 am] BILLING CODE 8320–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0154] Agency Information Collection Activity Under OMB Review: Application for VA Education Benefits Veterans Benefits Administration, Department of Veterans Affairs. AGENCY: E:\FR\FM\15NON1.SGM 15NON1

Agencies

[Federal Register Volume 89, Number 221 (Friday, November 15, 2024)]
[Notices]
[Pages 90394-90395]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-26669]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Information Collection 
Tools Relating to the Orphan Drug Credit

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: 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 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. The IRS is soliciting comments concerning 
information collection requirements related to the orphan drug credit.

[[Page 90395]]


DATES: Written comments should be received on or before January 14, 
2025 to be assured of consideration.

ADDRESSES: Direct all written comments to Andres Garcia, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or by email to [email protected]. Include OMB control number 
1545-1505 or Orphan Drug Credit, in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form should be directed to Kerry Dennis at (202) 317-
5751, or at Internal Revenue Service, Room 6526, 1111 Constitution 
Avenue NW, Washington, DC 20224, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Orphan Drug Credit.
    OMB Number: 1545-1505.
    Form Number: 8820.
    Abstract: Filers use this form to elect to claim the orphan drug 
credit, which is 50% of the qualified clinical testing expenses paid or 
incurred with respect to low or unprofitable drugs for rare diseases 
and conditions, as designated under section 526 of the Federal Food, 
Drug, and Cosmetic Act.
    Current Actions: There is no change in the form or paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 67.
    Estimated Time per Response: 4 hours, 42 min.
    Estimated Total Annual Burden Hours: 316 hours.
    The following paragraph applies to all the collections of 
information covered by this notice.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained if their 
contents may become material in the administration of any internal 
revenue law. Generally, tax returns and tax return information are 
confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Approved: November 12, 2024.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2024-26669 Filed 11-14-24; 8:45 am]
BILLING CODE 4830-01-P


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