Department of the Treasury June 2013 – Federal Register Recent Federal Regulation Documents

CDFI Bond Guarantee Program
Document Number: 2013-14157
Type: Notice
Date: 2013-06-14
Agency: Community Development Financial Institutions Fund, Department of Treasury, Department of the Treasury
The Community Development Financial Institutions (CDFI) Fund, a wholly owned government corporation within the U.S. Department of the Treasury, is seeking proposals from entities interested in serving as the Master Servicer/Trustee for the CDFI Bond Guarantee Program, which was authorized under the Small Business Jobs Act of 2010 (Pub. L. 111- 240; 12 U.S.C. 4713a) (the Act). This Notice of Request for Proposals describes the duties of the Master Servicer/Trustee, the criteria to be used to select the Master Servicer/Trustee, the selection process, and how to submit proposals.
Bond Guarantee Program; Notice of Guarantee Availability (NOGA) Inviting Qualified Issuer Applications and Guarantee Applications
Document Number: 2013-14154
Type: Notice
Date: 2013-06-14
Agency: Community Development Financial Institutions Fund, Department of Treasury, Department of the Treasury
This NOGA is published in connection with the CDFI Bond Guarantee Program, administered by the Community Development Financial Institutions Fund (CDFI Fund), a wholly owned government corporation within the U.S. Department of the Treasury (Treasury). The purpose of this NOGA is to notify the public that: (i) Parties interested in being approved as Qualified Issuers may submit Qualified Issuer Applications and (ii) Qualified Issuers may submit Guarantee Applications to be approved for a Guarantee under the CDFI Bond Guarantee Program. This NOGA also explains application submission and evaluation requirements and processes, agency contacts, and information on CDFI Bond Guarantee Program outreach.
Citizens Coinage Advisory Committee; Public Meeting
Document Number: 2013-14143
Type: Notice
Date: 2013-06-14
Agency: United States Mint, Department of Treasury, Department of the Treasury
Pursuant to United States Code, Title 31, section 5135(b)(8)(C), the United States Mint announces the Citizens Coinage Advisory Committee (CCAC) public meeting scheduled for June 25, 2013. Date: June 25, 2013. Time: 9:30 a.m. to 2:30 p.m. Location: Conference Room A, United States Mint, 801 9th Street NW., Washington, DC 20220. Subject: Review and discussion of candidate designs for the Code Talker Recognition Congressional Medal Program for the Cherokee Nation, Meskwaki Nation (Sac and Fox), Seminole Nation, Fort Peck Assinboine and Sioux Tribes, Ho-Chunk Nation, OgLala Sioux Nation, and Yankton Sioux Nation; review and discussion of design direction for the 2015 America the Beautiful Quarters Program; and review and consideration of the Fiscal Year 2013 Annual Report. Interested persons should call the CCAC HOTLINE at (202) 354-7502 for the latest update on meeting time and room location. In accordance with 31 U.S.C. 5135, the CCAC: [ssquf] Advises the Secretary of the Treasury on any theme or design proposals relating to circulating coinage, bullion coinage, Congressional Gold Medals, and national and other medals. [ssquf] Advises the Secretary of the Treasury with regard to the events, persons, or places to be commemorated by the issuance of commemorative coins in each of the five calendar years succeeding the year in which a commemorative coin designation is made. [ssquf] Makes recommendations with respect to the mintage level for any commemorative coin recommended.
Proposed Collection; Comment Request for Form 1116
Document Number: 2013-14022
Type: Notice
Date: 2013-06-13
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 1116, Foreign Tax Credit.
Proposed Collection; Comment Request for Regulation Project
Document Number: 2013-14021
Type: Notice
Date: 2013-06-13
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Roth IRAs.
Noncompensatory Partnership Options; Correction
Document Number: 2013-14018
Type: Rule
Date: 2013-06-13
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains corrections to final regulations (TD 9612) that were published in the Federal Register on Tuesday, February 5, 2013 (78 FR 7997) relating to the tax treatment of noncompensatory options and convertible instruments issued by a partnership. The final regulations generally provide that the exercise of a noncompensatory option does not cause the recognition of immediate income or loss by either the issuing partnership or the option holder. The final regulations also modify the regulations under section 704(b) regarding the maintenance of the partners' capital accounts and the determination of the partners' distributive shares of partnership items. The final regulations also contain a characterization rule providing that the holder of a noncompensatory option is treated as a partner under certain circumstances.
Surety Companies Acceptable on Federal Bonds: Name Change-Allied World Reinsurance Company (NAIC# 22730)
Document Number: 2013-13932
Type: Notice
Date: 2013-06-12
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 11 to the Treasury Department Circular 570, 2012 Revision, published July 2, 2012, at 77 FR 39322.
Surety Companies Acceptable on Federal Bonds: Terminations-American Economy Insurance Company (NAIC# 19690); American States Insurance Company (NAIC# 19704); General Insurance Company of America (NAIC# 24732)
Document Number: 2013-13927
Type: Notice
Date: 2013-06-12
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 7 to the Treasury Department Circular 570, 2012 Revision, published July 2, 2012, at 77 FR 39322.
Surety Companies Acceptable on Federal Bonds: Terminations-Safeco Insurance Company of Illinois (NAIC# 39012); Safeco National Insurance Company (NAIC# 24759)
Document Number: 2013-13925
Type: Notice
Date: 2013-06-12
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 8 to the Treasury Department Circular 570, 2012 Revision, published July 2, 2012, at 77 FR 39322.
Surety Companies Acceptable on Federal Bonds: Amendment-Liberty Mutual Insurance Company
Document Number: 2013-13921
Type: Notice
Date: 2013-06-12
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 9 to the Treasury Department Circular 570, 2012 Revision, published July 2, 2012, at 77 FR 39322.
Surety Companies Acceptable on Federal Bonds: Amendment-Safeco Insurance Company of America
Document Number: 2013-13916
Type: Notice
Date: 2013-06-12
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 10 to the Treasury Department Circular 570, 2012 Revision, published July 2, 2012, at 77 FR 39322.
Submission for OMB Review; Comment Request
Document Number: 2013-13884
Type: Notice
Date: 2013-06-12
Agency: Department of the Treasury
Submission for OMB Review; Comment Request
Document Number: 2013-13883
Type: Notice
Date: 2013-06-12
Agency: Department of the Treasury
Proposed Collection; Comment Request for Form 1099-DIV
Document Number: 2013-13880
Type: Notice
Date: 2013-06-12
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 1099-DIV, Dividends and Distributions.
Indoor Tanning Services; Excise Taxes
Document Number: 2013-13876
Type: Rule
Date: 2013-06-11
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations on the indoor tanning services excise tax imposed by the Patient Protection and Affordable Care Act. These final regulations affect persons that use, provide, or pay for indoor tanning services.
Designation of 3 Individuals and 10 Entities Pursuant to Executive Order 13224 of September 23, 2001, “Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism”
Document Number: 2013-13673
Type: Notice
Date: 2013-06-10
Agency: Department of the Treasury, Office of Foreign Assets Control
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of 3 individuals and 10 entities whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.''
Actions Taken Pursuant to Executive Order 13382
Document Number: 2013-13672
Type: Notice
Date: 2013-06-10
Agency: Department of the Treasury, Office of Foreign Assets Control
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing on OFAC's list of Specially Designated Nationals and Blocked Persons (``SDN List'') the names of one entity and six aircraft, whose property and interests in property are blocked pursuant to Executive Order 13382 of June 28, 2005, ``Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters.'' The designations by the Director of OFAC, pursuant to Executive Order 13382, were effective on May 31, 2013.
Designation of Two (2) Entities Pursuant to Executive Order 13628 of October 9, 2012
Document Number: 2013-13671
Type: Notice
Date: 2013-06-10
Agency: Department of the Treasury, Office of Foreign Assets Control
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the name of two (2) entities designated on May 30, 2013, as entities whose property and interests in property are blocked pursuant to Executive Order 13628 of October 9, 2012, ``Authorizing the Implementation of Certain Sanctions Set Forth in the Iran Threat Reduction and Syria Human Rights Act of 2012 and Additional Sanctions With Respect to Iran.''
Agency Information Collection Activities; Proposed Information Collection; Comment Request: Real Estate Lending and Appraisals
Document Number: 2013-13609
Type: Notice
Date: 2013-06-10
Agency: Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, 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 a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). Under the PRA, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information and to allow 60 days for public comment in response to the notice. In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning renewal of its information collection titled, ``Real Estate Lending and Appraisals.''
Modification of Mandatory Label Information for Wine
Document Number: 2013-13601
Type: Rule
Date: 2013-06-10
Agency: Alcohol and Tobacco Tax and Trade Bureau, Department of Treasury, Department of the Treasury
The Alcohol and Tobacco Tax and Trade Bureau (TTB) is amending its regulations regarding the mandatory labeling requirements for wine. The regulatory change permits alcohol content to appear on other labels affixed to the container rather than requiring it to appear on the brand label. This regulatory change provides greater flexibility in wine labeling, and will conform the TTB wine labeling regulations to the agreement reached by members of the World Wine Trade Group regarding the presentation of certain information on wine labels.
Proposed Collection: Comment Request
Document Number: 2013-13443
Type: Notice
Date: 2013-06-06
Agency: Department of the Treasury
The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A). Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the Subscription For Purchase and Issue of U.S. Treasury Securities, State and Local Government Series.
Proposed Collection; Comment Request; Office of Financial Stability
Document Number: 2013-13429
Type: Notice
Date: 2013-06-06
Agency: Department of the Treasury
The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Office of Financial Stability within the Department of the Treasury is soliciting comments concerning the Troubled Asset Relief ProgramCapital Purchase Program (CPP) Use of Funds Survey.
Notice of Funding Availability (NOFA) Inviting Applications for the FY 2013 Funding Round of the Bank Enterprise Award (BEA) Program
Document Number: 2013-13417
Type: Notice
Date: 2013-06-06
Agency: Community Development Financial Institutions Fund, Department of Treasury, Department of the Treasury
This NOFA is issued in connection with the FY 2013 funding round of the BEA Program. The BEA Program is administered by the Community Development Financial Institutions (CDFI) Fund, a wholly owned government corporation within the Department of the Treasury. The BEA Program encourages Insured Depository Institutions to increase their levels of loans, investments, services, and technical assistance within Distressed Communities, and financial assistance to CDFIs through equity investments, equity-like loans, grants, stock purchases, loans, deposits, and other forms of financial and technical assistance, during a specified period.
Imposition of Special Measure Against Liberty Reserve S.A. as a Financial Institution of Primary Money Laundering Concern
Document Number: 2013-12945
Type: Proposed Rule
Date: 2013-06-06
Agency: Department of the Treasury, Financial Crimes Enforcement Network
In a finding, notice of which was published elsewhere in this issue of the Federal Register (Notice of Finding), the Director of FinCEN found that Liberty Reserve S.A. (Liberty Reserve) is a financial institution operating outside of the United States that is of primary money laundering concern. FinCEN is issuing this notice of proposed rulemaking (NPRM) to propose the imposition of a special measure against Liberty Reserve.
Notice of Finding That Liberty Reserve S.A. Is a Financial Institution of Primary Money Laundering Concern
Document Number: 2013-12944
Type: Notice
Date: 2013-06-06
Agency: Department of the Treasury, Financial Crimes Enforcement Network
This document provides notice that, pursuant to the authority contained in 31 U.S.C. 5318A, the Director of FinCEN found on May 28, 2013, that Liberty Reserve S.A. (Liberty Reserve) is a financial institution operating outside the United States that is of primary money laundering concern.
Proposed Renewal Without Change; Comment Request; Imposition of Special Measure Against Banco Delta Asia, Including Its Subsidiaries Delta Asia Credit Limited and Delta Asia Insurance Limited, as a Financial Institution of Primary Money Laundering Concern
Document Number: 2013-13323
Type: Proposed Rule
Date: 2013-06-05
Agency: Department of the Treasury, Financial Crimes Enforcement Network
As part of a continuing effort to reduce paperwork and respondent burden, FinCEN invites comment on a renewal, without change, to information collection requirements finalized on March 19, 2007 (72 FR 12730, RIN 1506-AA83) imposing a special measure against Banco Delta Asia, including its subsidiaries Delta Asia Credit Limited and Delta Asia Insurance Limited, as a financial institution of primary money laundering concern. This request for comments is being made pursuant to the Paperwork Reduction Act of 1995, Public Law 104-13, 44 U.S.C. 3506(c)(2)(A).
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Examination Questionnaire
Document Number: 2013-13306
Type: Notice
Date: 2013-06-05
Agency: Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35) (PRA). Under the PRA, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information. In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comments concerning an information collection titled ``Examination Questionnaire.'' The OCC also is announcing that the proposed collection of information has been submitted to OMB for review and clearance under the PRA.
Proposed Collection; Comment Request for Form 5306-A
Document Number: 2013-13261
Type: Notice
Date: 2013-06-05
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 5306-A, Application for Approval of Prototype Simplified Employee Pension (SEP) or Savings Incentive Match Plan for Employees of Small Employers (SIMPLE IRA Plan).
Proposed Collection: Comment Request
Document Number: 2013-13171
Type: Notice
Date: 2013-06-04
Agency: Department of the Treasury
The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A). Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the Regulations governing the offering of United States Mortgage Guaranty Insurance Company Tax and Loss Bonds.
Actions Taken Pursuant to Executive Order 13382
Document Number: 2013-13168
Type: Notice
Date: 2013-06-04
Agency: Department of the Treasury, Office of Foreign Assets Control
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing on OFAC's list of Specially Designated Nationals and Blocked Persons (``SDN List'') the names of eight entities and six individuals, whose property and interests in property are blocked pursuant to Executive Order 13382 of June 28, 2005, ``Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters.'' The designations by the Director of OFAC, pursuant to Executive Order 13382, were effective on May 23, 2013.
Identification of Six Individuals Pursuant to the Iranian Transactions and Sanctions Regulations and Executive Order 13599
Document Number: 2013-13167
Type: Notice
Date: 2013-06-04
Agency: Department of the Treasury, Office of Foreign Assets Control
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of six individuals identified as the Government of Iran pursuant to the Iranian Transactions and Sanctions Regulations, 31 CFR part 560 (``ITSR''), and Executive Order 13599.
Agency Information Collection Activities: Proposed Information Collection; Comment Request; Interagency Statement on Complex Structured Finance Transactions
Document Number: 2013-12972
Type: Notice
Date: 2013-06-04
Agency: Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning an information collection titled, ``Interagency Statement on Complex Structured Finance Transactions.''
Low Income Taxpayer Clinic Grant Program; Availability of 2014 Grant Application Package
Document Number: 2013-12999
Type: Notice
Date: 2013-06-03
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains a notice that the IRS has made available the 2014 Grant Application Package and Guidelines (Publication 3319) for organizations interested in applying for a Low Income Taxpayer Clinic (LITC) matching grant for the 2014 grant year, which runs from January 1, 2014, through December 31, 2014. The application period runs from May 28, 2013, through July 12, 2013. The IRS will award a total of up to $6,000,000 (unless otherwise provided by specific Congressional appropriation) to qualifying organizations, subject to the limitations of Internal Revenue Code section 7526, for matching grants. A qualifying organization may receive a matching grant of up to $100,000 per year for up to a three- year project period. Qualifying organizations that provide representation for free or for a nominal fee to low income taxpayers involved in tax disputes with the IRS, or educate individuals for whom English is a second language of their taxpayer rights and responsibilities, or both, can apply for a grant. Examples of qualifying organizations include: (1) A clinical program at an accredited law, business or accounting school whose students represent low income taxpayers in tax controversies with the IRS, (2) an organization exempt from tax under I.R.C. Sec. 501(a) that represents low income taxpayers in tax controversies with the IRS or refers those taxpayers to qualified representatives, and (3) an organization exempt from tax under I.R.C. Sec. 501(a) that operates programs to inform individuals for whom English is a second language about their rights and responsibilities as taxpayers.
Agency Information Collection Activities; Information Collection Renewal; Submission for OMB Review: Disclosure and Reporting of CRA-Related Agreements
Document Number: 2013-12974
Type: Notice
Date: 2013-06-03
Agency: Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, 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 a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). Under the PRA, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information. In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning its information collection titled, ``Disclosure and Reporting of CRA-Related Agreements.'' The OCC also gives notice that it has sent the collection to OMB for review.
Agency Information Collection Activities; Information Collection Renewal; Submission for OMB Review: Notice Regarding Unauthorized Access to Customer Information
Document Number: 2013-12973
Type: Notice
Date: 2013-06-03
Agency: Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). Under PRA, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information. In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning its information collection titled, ``Notice Regarding Unauthorized Access to Customer Information.'' The OCC is also giving notice that it has sent the collection to OMB for review.
Incentives for Nondiscriminatory Wellness Programs in Group Health Plans
Document Number: 2013-12916
Type: Rule
Date: 2013-06-03
Agency: Employee Benefits Security Administration, Department of Labor, Department of Health and Human Services, Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations, consistent with the Affordable Care Act, regarding nondiscriminatory wellness programs in group health coverage. Specifically, these final regulations increase the maximum permissible reward under a health-contingent wellness program offered in connection with a group health plan (and any related health insurance coverage) from 20 percent to 30 percent of the cost of coverage. The final regulations further increase the maximum permissible reward to 50 percent for wellness programs designed to prevent or reduce tobacco use. These regulations also include other clarifications regarding the reasonable design of health-contingent wellness programs and the reasonable alternatives they must offer in order to avoid prohibited discrimination.