82 FR 18344 - Debt Management Advisory Committee Meeting

TREASURY DEPARTMENT

Federal Register Volume 82, Issue 73 (April 18, 2017)

Page Range		18344-18344
FR Document		2017-07418

Federal Register, Volume 82 Issue 73 (Tuesday, April 18, 2017)

[Federal Register Volume 82, Number 73 (Tuesday, April 18, 2017)]
[Notices]
[Page 18344]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-07418]


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TREASURY DEPARTMENT


Debt Management Advisory Committee Meeting

    Notice is hereby given, pursuant to 5 U.S.C. app. 2, section 
10(a)(2), that a meeting will be held at the Hay-Adams Hotel, 16th 
Street and Pennsylvania Avenue NW., Washington, DC, on May 2, 2017 at 
9:30 a.m. of the following debt management advisory committee: Treasury 
Borrowing Advisory Committee of the Securities Industry and Financial 
Markets Association.
    The agenda for the meeting provides for a charge by the Secretary 
of the Treasury or his designate that the Committee discuss particular 
issues and conduct a working session. Following the working session, 
the Committee will present a written report of its recommendations. The 
meeting will be closed to the public, pursuant to 5 U.S.C. app. 2, 
section 10(d) and Pub. L. 103-202, section 202(c)(1)(B) (31 U.S.C. 3121 
note). This notice shall constitute my determination, pursuant to the 
authority placed in heads of agencies by 5 U.S.C. app. 2, section 10(d) 
and vested in me by Treasury Department Order No. 101-05, that the 
meeting will consist of discussions and debates of the issues presented 
to the Committee by the Secretary of the Treasury and the making of 
recommendations of the Committee to the Secretary, pursuant to Pub. L. 
103-202, section 202(c)(1)(B). Thus, this information is exempt from 
disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In 
addition, the meeting is concerned with information that is exempt from 
disclosure under 5 U.S.C. 552b(c)(9)(A).
    The public interest requires that such meetings be closed to the 
public because the Treasury Department requires frank and full advice 
from representatives of the financial community prior to making its 
final decisions on major financing operations. Historically, this 
advice has been offered by debt management advisory committees 
established by the several major segments of the financial community. 
When so utilized, such a committee is recognized to be an advisory 
committee under 5 U.S.C. app. 2, section 3. Although the Treasury's 
final announcement of financing plans may not reflect the 
recommendations provided in reports of the Committee, premature 
disclosure of the Committee's deliberations and reports would be likely 
to lead to significant financial speculation in the securities market. 
Thus, this meeting falls within the exemption covered by 5 U.S.C. 
552b(c)(9)(A). Treasury staff will provide a technical briefing to the 
press on the day before the Committee meeting, following the release of 
a statement of economic conditions and financing estimates. This 
briefing will give the press an opportunity to ask questions about 
financing projections. The day after the Committee meeting, Treasury 
will release the minutes of the meeting, any charts that were discussed 
at the meeting, and the Committee's report to the Secretary.
    The Office of Debt Management is responsible for maintaining 
records of debt management advisory committee meetings and for 
providing annual reports setting forth a summary of Committee 
activities and such other matters as may be informative to the public 
consistent with the policy of 5 U.S.C. 552(b). The Designated Federal 
Officer or other responsible agency official who may be contacted for 
additional information is Fred Pietrangeli, Director for Office of Debt 
Management (202) 622-1876.

    Dated: April 7, 2017.
Fred Pietrangeli,
Director (for Office of Debt Management).
[FR Doc. 2017-07418 Filed 4-17-17; 8:45 am]
 BILLING CODE 4810-25-M

18344 Federal Register / Vol. 82, No. 73 / Tuesday, April 18, 2017 / Notices

will be comprised of 20 members. However, travel expenses for working consist of discussions and debates of the
Nominations are currently being sessions, public meetings and issues presented to the Committee by
accepted for up to seven appointments orientation sessions, such as airfare, per the Secretary of the Treasury and the
that will begin in January 2018. It is diem, and transportation are reimbursed making of recommendations of the
important that IRPAC continue to within prescribed federal travel Committee to the Secretary, pursuant to
represent a diverse taxpayer and limitations. Pub. L. 103–202, section 202(c)(1)(B).
stakeholder base. Accordingly, to Receipt of applications will be Thus, this information is exempt from
maintain membership diversity, acknowledged, and all individuals will disclosure under that provision and 5
selection is based on the applicant’s be notified when selections have been U.S.C. 552b(c)(3)(B). In addition, the
qualifications as well as the taxpayer or made. In accordance with Department of meeting is concerned with information
stakeholder base the applicant Treasury Directive 21–03, a clearance that is exempt from disclosure under 5
represents. process including fingerprints, annual U.S.C. 552b(c)(9)(A).
The IRPAC advises the IRS on tax checks, a Federal Bureau of The public interest requires that such
information reporting issues of mutual Investigation criminal check and a meetings be closed to the public because
concern to the private sector and the practitioner check with the Office of the Treasury Department requires frank
federal government. The committee Professional Responsibility will be and full advice from representatives of
works with the Commissioner of conducted. Equal opportunity practices the financial community prior to
Internal Revenue and other IRS will be followed for all appointments to making its final decisions on major
leadership to provide recommendations the IRPAC in accordance with the financing operations. Historically, this
on a wide range of information reporting Department of Treasury and IRS advice has been offered by debt
administration issues. Membership is policies. The IRS has special interest in management advisory committees
balanced to include representation from assuring that women and men, members established by the several major
the tax professional community, small of all races and national origins, and segments of the financial community.
and large businesses, banks, colleges individuals with disabilities are When so utilized, such a committee is
and universities, and industries such as welcomed for service on advisory recognized to be an advisory committee
securities, payroll, finance and software. committees and, therefore, extends under 5 U.S.C. app. 2, section 3.
DATES: Applications must be received particular encouragement to Although the Treasury’s final
on or before May 21, 2017. nominations from such appropriately announcement of financing plans may
ADDRESSES: Applications should be sent qualified candidates. not reflect the recommendations
to: IRS National Public Liaison, ATTN: Dated: April 12, 2017. provided in reports of the Committee,
IRPAC Applications CL:NPL:BSRM, B. Wilner premature disclosure of the Committee’s
Room 7559, 1111 Constitution Avenue Designated Federal Official, National Public
deliberations and reports would be
NW., Washington, DC 20224. Liaison. likely to lead to significant financial
Applications may also be submitted via [FR Doc. 2017–07794 Filed 4–17–17; 8:45 am]
speculation in the securities market.
email at PublicLiaison@irs.gov. Thus, this meeting falls within the
BILLING CODE 4830–01–P
Application packages are available on exemption covered by 5 U.S.C.
the IRS Web site at http://www.irs.gov/ 552b(c)(9)(A). Treasury staff will
for-tax-pros. Application packages may TREASURY DEPARTMENT provide a technical briefing to the press
also be requested by telephone from on the day before the Committee
National Public Liaison, 202–317–6851 Debt Management Advisory Committee meeting, following the release of a
(not a toll-free number). Meeting statement of economic conditions and
FOR FURTHER INFORMATION CONTACT: financing estimates. This briefing will
Notice is hereby given, pursuant to 5 give the press an opportunity to ask
Tonjua Menefee at 202–317–6851 (not a U.S.C. app. 2, section 10(a)(2), that a
toll-free number) or PublicLiaison@ questions about financing projections.
meeting will be held at the Hay-Adams The day after the Committee meeting,
irs.gov. Hotel, 16th Street and Pennsylvania Treasury will release the minutes of the
SUPPLEMENTARY INFORMATION: Avenue NW., Washington, DC, on May meeting, any charts that were discussed
Established in 1991 in response to an 2, 2017 at 9:30 a.m. of the following at the meeting, and the Committee’s
administrative recommendation in the debt management advisory committee: report to the Secretary.
final Conference Report of the Omnibus Treasury Borrowing Advisory The Office of Debt Management is
Budget Reconciliation Act of 1989, the Committee of the Securities Industry responsible for maintaining records of
IRPAC works closely with the IRS to and Financial Markets Association. debt management advisory committee
provide recommendations on a wide The agenda for the meeting provides meetings and for providing annual
range of issues intended to improve the for a charge by the Secretary of the reports setting forth a summary of
information reporting program and Treasury or his designate that the Committee activities and such other
achieve fairness to taxpayers. Conveying Committee discuss particular issues and matters as may be informative to the
the public’s perceptions of IRS activities conduct a working session. Following public consistent with the policy of 5
to the Commissioner, the IRPAC is the working session, the Committee will U.S.C. 552(b). The Designated Federal
comprised of individuals who bring present a written report of its Officer or other responsible agency
substantial, disparate experience and recommendations. The meeting will be official who may be contacted for
diverse backgrounds to the Committee’s closed to the public, pursuant to 5 additional information is Fred
U.S.C. app. 2, section 10(d) and Pub. L.
sradovich on DSK3GMQ082PROD with NOTICES

activities. Pietrangeli, Director for Office of Debt
Each IRPAC member is nominated by 103–202, section 202(c)(1)(B) (31 U.S.C. Management (202) 622–1876.
the Commissioner with the concurrence 3121 note). This notice shall constitute
of the Secretary of Treasury to serve a my determination, pursuant to the Dated: April 7, 2017.
three-year term. Working groups address authority placed in heads of agencies by Fred Pietrangeli,
policies and administrative issues 5 U.S.C. app. 2, section 10(d) and vested Director (for Office of Debt Management).
specific to information reporting. in me by Treasury Department Order [FR Doc. 2017–07418 Filed 4–17–17; 8:45 am]
Members are not paid for their services. No. 101–05, that the meeting will BILLING CODE 4810–25–M

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Document Created: 2017-04-17 23:59:57
Document Modified: 2017-04-17 23:59:57

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
FR Citation		82 FR 18344