81 FR 42791 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 81, Issue 126 (June 30, 2016)

Page Range		42791-42792
FR Document		2016-15590

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). 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 its information collection titled, ``Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments.'' The OCC also is giving notice that it has sent the collection to OMB for review.

Federal Register, Volume 81 Issue 126 (Thursday, June 30, 2016)

[Federal Register Volume 81, Number 126 (Thursday, June 30, 2016)]
[Notices]
[Pages 42791-42792]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-15590]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; Community and Economic Development 
Entities, Community Development Projects, and Other Public Welfare 
Investments

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: 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).
    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 its information collection 
titled, ``Community and Economic Development Entities, Community 
Development Projects, and Other Public Welfare Investments.'' The OCC 
also is giving notice that it has sent the collection to OMB for 
review.

DATES: Comments must be submitted on or before August 1, 2016.

ADDRESSES: Because paper mail in the Washington, DC area and at the OCC 
is subject to delay, commenters are encouraged to submit comments by 
email, if possible. Comments may be sent to: Legislative and Regulatory 
Activities Division, Office of the Comptroller of the Currency, 
Attention: 1557-0194, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-
11, Washington, DC 20219. In addition, comments may be sent by fax to 
(571) 465-4326 or by electronic mail to [email protected]. You may 
personally inspect and photocopy comments at the OCC, 400 7th Street 
SW., Washington, DC 20219. For security reasons, the OCC requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 649-6700 or, for persons who are deaf or hard of hearing, 
TTY, (202) 649-5597. Upon arrival, visitors will be required to present 
valid government-issued photo identification and submit to security 
screening in order to inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not include any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Additionally, please send a copy of your comments by mail to: OCC 
Desk Officer, 1557-0194, U.S. Office of Management and Budget, 725 17th 
Street NW., #10235, Washington, DC 20503, or by email to: oira 
[email protected].

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance 
Officer, (202) 649-5490 or, for persons who are deaf or hard of 
hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities 
Division, Office of the Comptroller of the Currency, 400 7th Street 
SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval 
of the following information collection:
    Title: Community and Economic Development Entities, Community 
Development Projects, and Other Public Welfare Investments.
    OMB Control No.: 1557-0194.
    Description: This submission covers an existing regulation and 
revisions to the part 24, CD-1, National Bank Community Development 
Investments form contained in the regulation, pursuant to which a 
national bank may notify the OCC, or request OCC approval, of certain 
community development investments.
    Section 24.5(a) provides that an eligible national bank may make an 
investment without prior notification to, or approval by, the OCC if 
the bank submits an after-the-fact notification of an investment within 
10 days of making the investment.
    Section 24.4(a) provides that a national bank may submit a written 
request or letter to the OCC to exceed the five percent limit for its 
aggregate, outstanding investments. The OCC may grant permission to the 
bank to make subsequent public welfare investments without prior 
notification to, or approval by the OCC, using the after-the-fact 
notification process consistent with Section 24.5(a).
    Section 24.5(a)(5) provides that a national bank that is not an 
eligible bank, but that is at least adequately capitalized and has a 
composite rating of at least 3 with improving trends under the Uniform 
Financial Institutions Rating System, may submit a letter to the OCC 
requesting authority to submit after-the-fact notices of its 
investments.
    Section 24.5(b) provides that if a national bank does not meet the 
requirements for after-the-fact notification, including if the bank's 
aggregate outstanding investments exceed the five percent limit, unless 
previously approved by the OCC for subsequent public welfare 
investments, the bank must submit an investment proposal to the OCC 
seeking permission to make the public welfare investment.
    Type of Review: Regular.
    Affected Public: Individuals; Businesses or other for-profit.
    Estimated Number of Respondents: 1,100.
    Estimated Total Annual Responses: 1,100.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 1,710 hours.
    Comments: On April 4, 2016, the OCC published a notice for 60 days 
of comment concerning this collection, 81 FR 19289. No comments were 
received. Comments continue to be 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 startup costs and costs of operation, 
maintenance, and purchase of services to provide information.


[[Page 42792]]


    Dated: June 27, 2016.
Mary Hoyle Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division.
[FR Doc. 2016-15590 Filed 6-29-16; 8:45 am]
 BILLING CODE P

42792 Federal Register / Vol. 81, No. 126 / Thursday, June 30, 2016 / Notices

Dated: June 27, 2016. IRS. Form 8288–A is used by the IRS to or start-up costs and costs of operation,
Mary Hoyle Gottlieb, validate the withholding, and a copy is maintenance, and purchase of services
Regulatory Specialist, Legislative and returned to the transferor for his or her to provide information.
Regulatory Activities Division. use in filing a tax return. Approved: June 14, 2016.
[FR Doc. 2016–15590 Filed 6–29–16; 8:45 am] Current Actions: There are no changes Tuawana Pinkston,
BILLING CODE P being made to these forms at this time.
IRS Reports Clearance Officer.
The burden estimates below do not
[FR Doc. 2016–15459 Filed 6–29–16; 8:45 am]
include estimates for business or
individual filers. These estimates are for BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
all other filers only as business
Internal Revenue Service estimates are reported under 1545–0123
and individual estimates are reported DEPARTMENT OF THE TREASURY
Proposed Collection; Comment under 1545–0074.
Request for Forms 8288 and 8288–A Internal Revenue Service
Type of Review: Extension of a
AGENCY: Internal Revenue Service (IRS), currently approved collection. Proposed Collection; Comment
Treasury. Affected Public: Business or other for- Request for Form 6478
ACTION: Notice and request for
profit organizations and individuals or
households. AGENCY: Internal Revenue Service (IRS),
comments. Treasury.
Form 8288:
SUMMARY: The Department of the Estimated Number of Respondents: ACTION: Notice and request for
Treasury, as part of its continuing effort 10,000. comments.
to reduce paperwork and respondent Estimated Time per Respondent: 17
burden, invites the general public and SUMMARY: The Department of the
hr., 21 min. Treasury, as part of its continuing effort
other Federal agencies to take this Estimated Total Annual Burden
opportunity to comment on proposed to reduce paperwork and respondent
Hours: 174,900. burden, invites the general public and
and/or continuing information Form 8288A:
collections, as required by the other Federal agencies to take this
Estimated Number of Respondents: opportunity to comment on proposed
Paperwork Reduction Act of 1995, 17,500.
Public Law 104–13 (44 U.S.C. and/or continuing information
Estimated Time per Respondent: 3 hr., collections, as required by the
3506(c)(2)(A)). Currently, the IRS is 56 min.
soliciting comments concerning Form Paperwork Reduction Act of 1995,
Estimated Total Annual Burden Public Law 104–13 (44 U.S.C.
8288, U.S. Withholding Tax Return for Hours: 68,775.
Disposition by Foreign Persons of U.S. 3506(c)(2)(A)). Currently, the IRS is
The following paragraph applies to all soliciting comments concerning Form
Real Property Interests, and Form 8288– of the collections of information covered
A, Statement of Withholding on 6478, Biofuel Producer Credit.
by this notice:
Dispositions by Foreign Persons of U.S. DATES: Written comments should be
An agency may not conduct or
Real Property Interests. sponsor, and a person is not required to received on or before August 29, 2016
DATES: Written comments should be respond to, a collection of information to be assured of consideration.
received on or before August 29, 2016 unless the collection of information ADDRESSES: Direct all written comments
to be assured of consideration. displays a valid OMB control number. to Tuawana Pinkston, Internal Revenue
ADDRESSES: Direct all written comments Books or records relating to a collection Service, Room 6526, 1111 Constitution
to Tuawana Pinkston, Internal Revenue of information must be retained as long Avenue NW., Washington, DC 20224.
Service, Room 6526, 1111 Constitution as their contents may become material FOR FURTHER INFORMATION CONTACT:
Avenue NW., Washington, DC 20224. in the administration of any internal Requests for additional information or
FOR FURTHER INFORMATION CONTACT: revenue law. Generally, tax returns and copies of the form and instructions
Requests for additional information or tax return information are confidential, should be directed to LaNita Van Dyke
copies of the form and instructions as required by 26 U.S.C. 6103. at Internal Revenue Service, Room 6526,
should be directed to Kerry Dennis at Request for Comments: Comments 1111 Constitution Avenue NW.,
Internal Revenue Service, Room 6526, submitted in response to this notice will Washington, DC 20224, or through the
1111 Constitution Avenue NW., be summarized and/or included in the Internet at Lanita.VanDyke@irs.gov.
Washington, DC 20224, or through the request for OMB approval. All SUPPLEMENTARY INFORMATION:
internet, at Kerry.Dennis@irs.gov. comments will become a matter of Title: Biofuel Producer Credit.
SUPPLEMENTARY INFORMATION: public record. Comments are invited on: OMB Number: 1545–0231.
Title: U.S. Withholding Tax Return for (a) Whether the collection of Form Number: Form 6478.
Disposition by Foreign Persons of U.S. information is necessary for the proper Abstract: Use Form 6478 to figure
Real Property Interests (Form 8288) and performance of the functions of the your section 40 biofuel producer credit.
Statement of Withholding on agency, including whether the You claim the credit for the tax year in
Dispositions by Foreign Persons of U.S. information shall have practical utility; which the sale or use occurs. This credit
Real Property Interests (Form 8288–A). (b) the accuracy of the agency’s estimate consists of the second generation biofuel
OMB Number: 1545–0902. of the burden of the collection of producer credit.
Form Number: 8288 and 8288–A. information; (c) ways to enhance the Current Actions: There are revisions
mstockstill on DSK3G9T082PROD with NOTICES

Abstract: Internal Revenue Code quality, utility, and clarity of the being made to this form at this time.
section 1445 requires transferees to information to be collected; (d) ways to Type of Review: Revisions of a
withhold tax on the amount realized minimize the burden of the collection of currently approved collection.
from sales or other dispositions by information on respondents, including Affected Public: Business or other for-
foreign persons of U.S. real property through the use of automated collection profit organizations.
interests. Form 8288 is used to report techniques or other forms of information Estimated Number of Respondents:
and transmit the amount withheld to the technology; and (e) estimates of capital 3,300.

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Document Created: 2018-02-08 07:45:32
Document Modified: 2018-02-08 07:45:32

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice and request for comment.
Dates		Comments must be submitted on or before August 1, 2016.
Contact		Shaquita Merritt, OCC Clearance Officer, (202) 649-5490 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219.
FR Citation		81 FR 42791

81 FR 42791 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments

DEPARTMENT OF THE TREASURYOffice of the Comptroller of the Currency

Federal Register Volume 81, Issue 126 (June 30, 2016)

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency