80_FR_52040 80 FR 51875 - Special Inspector General for Troubled Asset Relief Program; Delegation of Authorities

80 FR 51875 - Special Inspector General for Troubled Asset Relief Program; Delegation of Authorities

DEPARTMENT OF THE TREASURY

Federal Register Volume 80, Issue 165 (August 26, 2015)

Page Range51875-51876
FR Document2015-21124

This notice delegates the authority of the Special Inspector General of the Office of the Inspector General of the Troubled Asset Relief Program (SIGTARP) to issue subpoenas to the SIGTARP Chief of Staff, SIGTARP Deputy Special Inspector General, SIGTARP Deputy Special Inspector General for Audit, SIGTARP Deputy Special Inspector General for Investigations, and SIGTARP General Counsel. This notice also delegates to the SIGTARP Chief of Staff, SIGTARP Deputy Special Inspector General, SIGTARP Deputy Special Inspector General for Investigations, and SIGTARP General Counsel, the authority of the Special Inspector General to request information under 5 U.S.C. 552a(b)(7).

Federal Register, Volume 80 Issue 165 (Wednesday, August 26, 2015)
[Federal Register Volume 80, Number 165 (Wednesday, August 26, 2015)]
[Notices]
[Pages 51875-51876]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-21124]


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DEPARTMENT OF THE TREASURY


Special Inspector General for Troubled Asset Relief Program; 
Delegation of Authorities

AGENCY: Office of the Special Inspector General of the Troubled Asset 
Relief Program, Treasury.

ACTION: Notice of delegation of authorities.

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

SUMMARY: This notice delegates the authority of the Special Inspector 
General of the Office of the Inspector General of the Troubled Asset 
Relief Program (SIGTARP) to issue subpoenas to the SIGTARP Chief of 
Staff, SIGTARP Deputy Special Inspector General, SIGTARP Deputy Special 
Inspector General for Audit, SIGTARP Deputy Special Inspector General 
for Investigations, and SIGTARP General Counsel. This notice also 
delegates to the SIGTARP Chief of Staff, SIGTARP Deputy Special 
Inspector General, SIGTARP Deputy Special Inspector General for 
Investigations, and SIGTARP General Counsel, the authority of the 
Special Inspector General to request information under 5 U.S.C. 
552a(b)(7).

DATES: Effective date: August 26, 2015.

FOR FURTHER INFORMATION CONTACT: B. Chad Bungard, General Counsel, 
SIGTARP, at (202) 622-1419.

SUPPLEMENTARY INFORMATION: The Emergency Economic Stabilization Act of 
2008 (ESSA), created SIGTARP at section 121. 12 U.S.C. 5231. Section 
121(d)(1) of EESA endows the Special Inspector General with the 
authorities set forth at section 6 of the Inspector General Act of 
1978, as amended (the Act), 5 U.S.C. App. 3. Section 6(a)(4) of the Act 
authorizes the Special Inspector General to require by subpoena the 
production of all information, documents, reports, answers, records, 
accounts, papers, and other data and documentary evidence deemed 
necessary in the performance of the

[[Page 51876]]

Special Inspector General's function. This notice delegates this 
authority to issue subpoenas from the Special Inspector General to the 
SIGTARP Chief of Staff, SIGTARP Deputy Special Inspector General, 
SIGTARP Deputy Special Inspector General for Audit, SIGTARP Deputy 
Special Inspector General for Investigations, and SIGTARP General 
Counsel.
    Section 552a(b)(7) of Title 5, United States Code, authorizes the 
Special Inspector General to request information protected by the 
Privacy Act for a civil or criminal law enforcement activity. This 
notice delegates this authority to request records protected by the 
Privacy Act for a civil or criminal law enforcement activity from the 
Special Inspector General to the SIGTARP Chief of Staff, SIGTARP Deputy 
Special Inspector General, SIGTARP Deputy Special Inspector General for 
Investigations, and SIGTARP General Counsel.
    The Special Inspector General has not limited her authority to 
issue subpoenas or to request information under 5 U.S.C. 552a by this 
delegation. Also, this delegation expressly prohibits further 
delegation or redelegation.
    Accordingly, the Special Inspector General delegates the following 
authorities:

Section A. Authority Delegated

    The SIGTARP Special Inspector General delegates to the SIGTARP 
Chief of Staff, SIGTARP Deputy Special Inspector General, SIGTARP 
Deputy Special Inspector General for Audit, SIGTARP Deputy Special 
Inspector General for Investigations, and SIGTARP General Counsel, the 
authority to require by subpoena the production of all information, 
documents, reports, answers, records, accounts, papers, and other data 
and documentary evidence necessary in the performance of the functions 
assigned by EESA.
    Additionally, the Special Inspector General delegates to the 
SIGTARP Chief of Staff, SIGTARP Deputy Special Inspector General, 
SIGTARP Deputy Special Inspector General for Investigations, and 
SIGTARP General Counsel, the authority to request information under 5 
U.S.C. 552a(b)(7).

Section B. No Further Delegation or Redelegation

    The authority delegated in Section A above may not be further 
delegated or redelegated.

    Authority:  12 U.S.C. 5231; Pub. L. 110-343, Sec.  121; 5 U.S.C. 
App. 3 Sec.  6(a)(4); 5 U.S.C. 301.

Christy Romero,
Special Inspector General.
[FR Doc. 2015-21124 Filed 8-25-15; 8:45 am]
 BILLING CODE 4810-25-P



                                                                          Federal Register / Vol. 80, No. 165 / Wednesday, August 26, 2015 / Notices                                                 51875

                                               the IRS created Form 14708 to allow                     SUPPLEMENTARY INFORMATION:                            ways to minimize the burden of the
                                               taxpayers who paid a penalty on the                        Title: Deemed IRAs in Qualified                    collection of information on
                                               value of Canadian registered retirement                 Retirement Plans.                                     respondents, including through the use
                                               savings plans (RRSP), registered                           OMB Number: 1545–1841.                             of automated collection techniques or
                                               retirement income funds (RRIF), or                         Form Number: REG–157302–02; TD                     other forms of information technology;
                                               other similar Canadian retirement plans                 9142.                                                 and (e) estimates of capital or start-up
                                               to request penalty reconsideration. See                    Abstract: Section 408(q), added to the             costs and costs of operation,
                                               Streamlined Domestic Offshore                           Internal Revenue Code by section 602 of               maintenance, and purchase of services
                                               Procedures FAQ # 12.                                    the Economic Growth and Tax Relief                    to provide information.
                                                 In June 2014 the IRS announced                        Reconciliation Act of 2001, provides
                                                                                                                                                               Approved: August 19, 2015.
                                               significant revisions to the 2012 OVDP.                 that separate accounts and annuities
                                                                                                       may be added to qualified employer                    Allan Hopkins,
                                               See, announcement IR–2014–73 (June
                                                                                                       plans and deemed to be individual                     Tax Analyst.
                                               18, 2014). The significantly revised
                                               offshore voluntary disclosure program is                retirement accounts and individual                    [FR Doc. 2015–21060 Filed 8–25–15; 8:45 am]
                                               commonly called the 2014 OVDP. In                       retirement annuities if certain                       BILLING CODE 4830–01–P

                                               conjunction with the announcement of                    requirements are met. Section 1.408(q)–
                                               the 2014 OVDP, the IRS updated Forms                    1(f)(2) provides that these deemed IRAs
                                               14452, 14453, 14454, 14457 and 14467.                   must be held in a trust or annuity                    DEPARTMENT OF THE TREASURY
                                                 The net result is a burden increase of                contract separate from the trust or
                                                                                                       annuity contract of the qualified                     Special Inspector General for Troubled
                                               15,500 estimated responses and 30,500                                                                         Asset Relief Program; Delegation of
                                               estimated annual hours per year.’’                      employer plan. This collection of
                                                                                                       information is required to ensure that                Authorities
                                               R. Joseph Durbala,                                      the separate requirements of qualified                AGENCY:  Office of the Special Inspector
                                               IRS, Tax Analyst.                                       employer plans and IRAs are met.                      General of the Troubled Asset Relief
                                               [FR Doc. 2015–21057 Filed 8–25–15; 8:45 am]                Current Actions: There is no change                Program, Treasury.
                                               BILLING CODE 4830–01–P                                  in the paperwork burden previously                    ACTION: Notice of delegation of
                                                                                                       approved by OMB.                                      authorities.
                                                                                                          Type of Review: Extension of a
                                               DEPARTMENT OF THE TREASURY                              currently approved collection.                        SUMMARY:    This notice delegates the
                                                                                                          Affected Public: Businesses or other               authority of the Special Inspector
                                               Internal Revenue Service                                for-profit organizations, Not-for-profit              General of the Office of the Inspector
                                                                                                       Institutions, and State, local or Tribal              General of the Troubled Asset Relief
                                               Proposed Collection; Comment                            government.                                           Program (SIGTARP) to issue subpoenas
                                               Request for REG–157302–02 (Final),                         Estimated Number of Respondents:                   to the SIGTARP Chief of Staff, SIGTARP
                                               TD 9142                                                 800.                                                  Deputy Special Inspector General,
                                               AGENCY: Internal Revenue Service (IRS),                    Estimated Time per Respondent: 50                  SIGTARP Deputy Special Inspector
                                               Treasury.                                               hours.                                                General for Audit, SIGTARP Deputy
                                                                                                          Estimated Total Annual Burden                      Special Inspector General for
                                               ACTION: Notice and request for
                                                                                                       Hours: 40,000.                                        Investigations, and SIGTARP General
                                               comments.                                                  The following paragraph applies to all             Counsel. This notice also delegates to
                                               SUMMARY:   The Department of the                        of the collections of information covered             the SIGTARP Chief of Staff, SIGTARP
                                               Treasury, as part of its continuing effort              by this notice:                                       Deputy Special Inspector General,
                                               to reduce paperwork and respondent                         An agency may not conduct or
                                                                                                                                                             SIGTARP Deputy Special Inspector
                                               burden, invites the general public and                  sponsor, and a person is not required to
                                                                                                                                                             General for Investigations, and
                                               other Federal agencies to take this                     respond to, a collection of information
                                                                                                                                                             SIGTARP General Counsel, the
                                               opportunity to comment on proposed                      unless the collection of information
                                                                                                                                                             authority of the Special Inspector
                                               and/or continuing information                           displays a valid OMB control number.
                                                                                                                                                             General to request information under 5
                                               collections, as required by the                         Books or records relating to a collection
                                                                                                                                                             U.S.C. 552a(b)(7).
                                               Paperwork Reduction Act of 1995,                        of information must be retained as long
                                                                                                       as their contents may become material                 DATES: Effective date: August 26, 2015.
                                               Public Law 104–13 (44 U.S.C.                                                                                  FOR FURTHER INFORMATION CONTACT: B.
                                               3506(c)(2)(A)). Currently, the IRS is                   in the administration of any internal
                                                                                                       revenue law. Generally, tax returns and               Chad Bungard, General Counsel,
                                               soliciting comments concerning deemed                                                                         SIGTARP, at (202) 622–1419.
                                               IRAs in qualified retirement plans.                     tax return information are confidential,
                                                                                                       as required by 26 U.S.C. 6103.                        SUPPLEMENTARY INFORMATION: The
                                               DATES: Written comments should be                          Request for Comments: Comments                     Emergency Economic Stabilization Act
                                               received on or before October 26, 2015                  submitted in response to this notice will             of 2008 (ESSA), created SIGTARP at
                                               to be assured of consideration.                         be summarized and/or included in the                  section 121. 12 U.S.C. 5231. Section
                                               ADDRESSES: Direct all written comments                  request for OMB approval. All                         121(d)(1) of EESA endows the Special
                                               to Christie Preston, Internal Revenue                   comments will become a matter of                      Inspector General with the authorities
                                               Service, Room 6129, 1111 Constitution                   public record. Comments are invited on:               set forth at section 6 of the Inspector
                                               Avenue NW., Washington, DC 20224.                       (a) whether the collection of information             General Act of 1978, as amended (the
                                               FOR FURTHER INFORMATION CONTACT:                        is necessary for the proper performance               Act), 5 U.S.C. App. 3. Section 6(a)(4) of
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                                               Requests for additional information or                  of the functions of the agency, including             the Act authorizes the Special Inspector
                                               copies of the form and instructions                     whether the information shall have                    General to require by subpoena the
                                               should be directed to Allan Hopkins, at                 practical utility; (b) the accuracy of the            production of all information,
                                               Internal Revenue Service, Room 6129,                    agency’s estimate of the burden of the                documents, reports, answers, records,
                                               1111 Constitution Avenue NW.,                           collection of information; (c) ways to                accounts, papers, and other data and
                                               Washington, DC 20224, or through the                    enhance the quality, utility, and clarity             documentary evidence deemed
                                               Internet at Allan.M.Hopkins@irs.gov.                    of the information to be collected; (d)               necessary in the performance of the


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                                               51876                      Federal Register / Vol. 80, No. 165 / Wednesday, August 26, 2015 / Notices

                                               Special Inspector General’s function.                     The Special Inspector General has not               performance of the functions assigned
                                               This notice delegates this authority to                 limited her authority to issue subpoenas              by EESA.
                                               issue subpoenas from the Special                        or to request information under 5 U.S.C.                Additionally, the Special Inspector
                                               Inspector General to the SIGTARP Chief                  552a by this delegation. Also, this                   General delegates to the SIGTARP Chief
                                               of Staff, SIGTARP Deputy Special                        delegation expressly prohibits further                of Staff, SIGTARP Deputy Special
                                               Inspector General, SIGTARP Deputy                       delegation or redelegation.                           Inspector General, SIGTARP Deputy
                                               Special Inspector General for Audit,                      Accordingly, the Special Inspector                  Special Inspector General for
                                               SIGTARP Deputy Special Inspector                        General delegates the following                       Investigations, and SIGTARP General
                                               General for Investigations, and                                                                               Counsel, the authority to request
                                                                                                       authorities:
                                               SIGTARP General Counsel.                                                                                      information under 5 U.S.C. 552a(b)(7).
                                                  Section 552a(b)(7) of Title 5, United                Section A. Authority Delegated
                                               States Code, authorizes the Special                                                                           Section B. No Further Delegation or
                                               Inspector General to request information                  The SIGTARP Special Inspector                       Redelegation
                                               protected by the Privacy Act for a civil                General delegates to the SIGTARP Chief
                                               or criminal law enforcement activity.                   of Staff, SIGTARP Deputy Special                        The authority delegated in Section A
                                               This notice delegates this authority to                 Inspector General, SIGTARP Deputy                     above may not be further delegated or
                                               request records protected by the Privacy                Special Inspector General for Audit,                  redelegated.
                                               Act for a civil or criminal law                         SIGTARP Deputy Special Inspector                        Authority: 12 U.S.C. 5231; Pub. L. 110–
                                               enforcement activity from the Special                   General for Investigations, and                       343, § 121; 5 U.S.C. App. 3 § 6(a)(4); 5 U.S.C.
                                               Inspector General to the SIGTARP Chief                  SIGTARP General Counsel, the                          301.
                                               of Staff, SIGTARP Deputy Special                        authority to require by subpoena the
                                               Inspector General, SIGTARP Deputy                       production of all information,                        Christy Romero,
                                               Special Inspector General for                           documents, reports, answers, records,                 Special Inspector General.
                                               Investigations, and SIGTARP General                     accounts, papers, and other data and                  [FR Doc. 2015–21124 Filed 8–25–15; 8:45 am]
                                               Counsel.                                                documentary evidence necessary in the                 BILLING CODE 4810–25–P
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Document Created: 2015-12-15 10:58:49
Document Modified: 2015-12-15 10:58:49
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of delegation of authorities.
ContactB. Chad Bungard, General Counsel, SIGTARP, at (202) 622-1419.
FR Citation80 FR 51875 

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