Open Meeting of the Taxpayer Advocacy Panel's Joint Committee, 24489-24490 [2025-10581]

Download as PDF ddrumheller on DSK120RN23PROD with NOTICES1 Federal Register / Vol. 90, No. 110 / Tuesday, June 10, 2025 / Notices hard of hearing, or have a speech disability, please dial 7–1–1 to access telecommunications relay services. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.), Federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. ‘‘Collection of information’’ is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. Section 3506(c)(2)(A) of title 44 generally requires Federal agencies to provide a 60-day notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, before submitting the collection to OMB for approval. To comply with this requirement, the OCC is publishing notice of the renewal/ revision of this collection. Title: Lending Limits. OMB Control No.: 1557–0221. Type of Review: Regular. Affected Public: Businesses or other for-profit. Description: Twelve CFR 32.7(a) provides that, in addition to the amount that a national bank or savings association may lend to one borrower under 12 CFR 32.3, an eligible bank or savings association may make: • Residential real estate loans or extensions of credit to one borrower in the lesser of the following two amounts: 10 percent of its capital and surplus; or the percent of its capital and surplus, in excess of 15 percent, that a state bank or savings association is permitted to lend under the state lending limit that is available for residential real estate loans or unsecured loans in the state where the main office of the national bank or savings association is located. Any such loan or extension of credit must be secured by a perfected first-lien security interest in 1–4 family real estate in an amount that does not exceed 80 percent of the appraised value of the collateral at the time the loan or extension of credit is made; • Loans to small businesses to one borrower in the lesser of the following two amounts: 10 percent of its capital and surplus; or the percent of its capital and surplus, in excess of 15 percent, that a state bank is permitted to lend under the state lending limit that is available for loans to small businesses or unsecured loans in the state where the main office of the national bank or home office of the savings association is located; and • Loans or extensions of credit to small farms to one borrower in the VerDate Sep<11>2014 17:53 Jun 09, 2025 Jkt 265001 lesser of the following two amounts: 10 percent of its capital and surplus; or the percent of its capital and surplus, in excess of 15 percent, that a state bank or savings association is permitted to lend under the state lending limit that is available for loans or extensions of credit to small farms or unsecured loans in the state where the main office of the national bank or savings association is located. An eligible national bank or savings association must submit an application to, and receive approval from, its supervisory office before using the supplemental lending limits in 12 CFR 32.7(a)(1)–(3). The supervisory office may approve a completed application if it finds that approval is consistent with safety and soundness. Section 32.7(b) provides that, in order for an application to be deemed complete, the application must include: • Certification that the bank or savings association is an ‘‘eligible bank’’ or ‘‘eligible savings association;’’ • Citations to relevant state laws or regulations; • A copy of a written resolution by a majority of the bank’s or savings association’s board of directors approving the use of the limits in § 32.7(a) and confirming the terms and conditions for use of this lending authority; and • A description of how the board will exercise its continuing responsibility to oversee the use of this lending authority. Twelve CFR 32.9(b)(1) outlines three alternative methods (the Internal Model Method, the Conversion Factor Matrix Method, and the Current Exposure Method) for national banks and savings associations to use in calculating the credit exposure of non-credit derivative transactions. Twelve CFR 32.9(c) outlines two alternative methods for national banks and savings associations to use in calculating credit exposure arising from their securities financing transactions. Under 12 CFR 32.9(b)(1)(i)(C), the use of a model (other than the model approved for purposes of 12 CFR 3.132(d) or 324.132(d)) must be approved in writing by the OCC specifically for part 32 purposes. If a national bank or savings association proposes to use an internal model that has been approved by the OCC for purposes of 12 CFR 3.132(d) or 324.132(d), the institution must provide prior written notification to the OCC prior to use of the model for lending limits purposes. OCC approval also is required for any substantive revisions to an approved model before that model is used for lending limit purposes. PO 00000 Frm 00108 Fmt 4703 Sfmt 4703 24489 Estimated Frequency of Response: On occasion. Estimated Number of Respondents: 295. Estimated Total Annual Burden: 1,958 hours. Comments submitted in response to this notice will be summarized and 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 OCC, including whether the information has practical utility; (b) The accuracy of the OCC’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 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. Patrick T. Tierney, Assistant Director, Office of the Comptroller of the Currency. [FR Doc. 2025–10497 Filed 6–9–25; 8:45 am] BILLING CODE P DEPARTMENT OF THE TREASURY Internal Revenue Service Open Meeting of the Taxpayer Advocacy Panel’s Joint Committee Internal Revenue Service (IRS), Treasury. ACTION: Notice of meeting. AGENCY: An open meeting of the Taxpayer Advocacy Panel’s Joint Committee Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions to improve customer service at the Internal Revenue Service. This meeting will be held as a virtual video conference via the Microsoft Teams platform. DATES: The meeting will be held Thursday, July 24, 2025, at 2 p.m. Eastern Time. FOR FURTHER INFORMATION CONTACT: Rosalind Matherne at 1–888–912–1227, 202–317–4115, or by email at taxpayer.advocacy.panel@irs.gov. SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to section SUMMARY: E:\FR\FM\10JNN1.SGM 10JNN1 24490 Federal Register / Vol. 90, No. 110 / Tuesday, June 10, 2025 / Notices 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988), that an open meeting of the Taxpayer Advocacy Panel Joint Committee Project Committee will be held on Thursday, July 24, 2025, at 2 p.m. Eastern Time. The public is invited to attend the meeting virtually, or by phone, and may provide oral comments or submit written statements for consideration. Due to meeting structure and time limitations, advance registration is required to attend or make public comments during the meeting. To register and receive meeting access information, please contact Rosalind Matherne at the contact information above no later than Thursday, July 18, 2025. Meeting materials, including the agenda and any handouts, will be made available prior to the meeting at www.improveirs.org. The agenda will include a committee discussion of new and continuing issues and other activities related to the new TAP year. Dated: June 2, 2025. Kevin Brown, Acting Director, Taxpayer Advocacy Panel. [FR Doc. 2025–10581 Filed 6–9–25; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Office of the Secretary List of Countries Requiring Cooperation With an International Boycott ddrumheller on DSK120RN23PROD with NOTICES1 In accordance with section 999(a)(3) of the Internal Revenue Code of 1986, the Department of the Treasury is publishing a current list of countries which require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986). On the basis of the best information currently available to the Department of the Treasury, the following countries require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986). VerDate Sep<11>2014 17:53 Jun 09, 2025 Jkt 265001 Iraq Kuwait Lebanon Libya Qatar Saudi Arabia Syria Yemen Lindsay Kitzinger, International Tax Counsel, (Tax Policy). [FR Doc. 2025–10496 Filed 6–9–25; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF VETERANS AFFAIRS Joint Biomedical Laboratory and Clinical Science (BL/CS) Research and Development Services Scientific Merit Review Board, Federal Register Notice of Meeting The Department of Veterans Affairs (VA) gives notice under the Federal Advisory Committee Act, 5 U.S.C. 10, that a meeting of the Joint Biomedical Laboratory Research and Development (BLR&D) and Clinical Science Research and Development (CSR&D) Services Scientific Merit Review Board will be held July 8, 2025, from 3–5 p.m. EST, via Microsoft Teams. The meeting will be partially closed to the public, with an open portion from 3–3:30 p.m. The closed portion, from 3:30–5 p.m., will be used for scientific review and discussion, examination of, and reference to the research applications. Discussions will involve staff and consultant critiques of research proposals. Discussions will also cover the scientific merit of each proposal and the qualifications of the personnel conducting the studies, the disclosure of which would constitute a clearly unwarranted invasion of personal privacy. Additionally, premature disclosure of research information could significantly obstruct implementation of proposed agency action regarding the research proposals. As provided by Public Law 92–463 subsection 10(d), and amended by Public Law 94–409, closing the committee meeting is in accordance with Title 5 U.S.C. 552b(c)(6) and (9)(B). The objective of the Board is to provide for the fair and equitable PO 00000 Frm 00109 Fmt 4703 Sfmt 9990 selection of the most meritorious research projects for support by VA research funds and to offer advice for research program officials on program priorities and policies. The ultimate objective of the Board is to ensure the high quality and mission relevance of VA’s legislatively mandated BL/CS Research and Development programs. Board members will advise the Directors of the BL/CS Research Services, as well as the Acting Chief Research and Development Officer, on the scientific and technical merit, mission relevance, and protection of human subjects of the proposals submitted to BL/CS. The Board does not consider grants, contracts, or other forms of extramural research. Members of the public may attend the open portion of the meeting from 3–3:30 p.m. EST, via Microsoft Teams (in listen-only mode, as the time limited agenda does not allow for public comment or presentations). To attend the open portion of the meeting, the public may dial the Microsoft Teams phone number (1–872–701–0185) and enter the meeting access code (513 797 246#). Written comments from members of the public should be sent to Michael R. Burgio, Ph.D., Designated Federal Officer, Advisory Committee Management Office, 811 Vermont Avenue NW, Room 4342A, Washington, DC 20006, or to Michael.Burgio@va.gov, at least five days before the meeting. The written public comments will be shared with the Board members. The public may not attend the closed portion of the meeting, as disclosure of research information could significantly obstruct implementation of proposed agency action regarding the research proposals (per Pub. L. 92–463 subsection 10(d) and amended by Pub. L. 94–409, closing the meeting is in accordance with Title 5 U.S.C. 552b(c)(6) and (9)(B). Dated: June 5, 2025. LaTonya L. Small, Federal Advisory Committee Management Officer. [FR Doc. 2025–10468 Filed 6–9–25; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\10JNN1.SGM 10JNN1

Agencies

[Federal Register Volume 90, Number 110 (Tuesday, June 10, 2025)]
[Notices]
[Pages 24489-24490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-10581]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Open Meeting of the Taxpayer Advocacy Panel's Joint Committee

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of meeting.

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SUMMARY: An open meeting of the Taxpayer Advocacy Panel's Joint 
Committee Project Committee will be conducted. The Taxpayer Advocacy 
Panel is soliciting public comments, ideas, and suggestions to improve 
customer service at the Internal Revenue Service. This meeting will be 
held as a virtual video conference via the Microsoft Teams platform.

DATES: The meeting will be held Thursday, July 24, 2025, at 2 p.m. 
Eastern Time.

FOR FURTHER INFORMATION CONTACT: Rosalind Matherne at 1-888-912-1227, 
202-317-4115, or by email at [email protected].

SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to section

[[Page 24490]]

10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988), 
that an open meeting of the Taxpayer Advocacy Panel Joint Committee 
Project Committee will be held on Thursday, July 24, 2025, at 2 p.m. 
Eastern Time.
    The public is invited to attend the meeting virtually, or by phone, 
and may provide oral comments or submit written statements for 
consideration. Due to meeting structure and time limitations, advance 
registration is required to attend or make public comments during the 
meeting. To register and receive meeting access information, please 
contact Rosalind Matherne at the contact information above no later 
than Thursday, July 18, 2025.
    Meeting materials, including the agenda and any handouts, will be 
made available prior to the meeting at www.improveirs.org.
    The agenda will include a committee discussion of new and 
continuing issues and other activities related to the new TAP year.

    Dated: June 2, 2025.
Kevin Brown,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2025-10581 Filed 6-9-25; 8:45 am]
BILLING CODE 4830-01-P


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