82 FR 25046 - Proposed Collection; Comment Request for Form 15597

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 103 (May 31, 2017)

Page Range		25046-25047
FR Document		2017-11117

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. Currently, the IRS is soliciting comments concerning Form 15597, Foreclosure Sale Purchaser Contact Information Request.

Federal Register, Volume 82 Issue 103 (Wednesday, May 31, 2017)

[Federal Register Volume 82, Number 103 (Wednesday, May 31, 2017)]
[Notices]
[Pages 25046-25047]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-11117]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 15597

AGENCY: Internal Revenue Service, Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: 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. Currently, the IRS is soliciting 
comments concerning Form 15597, Foreclosure Sale Purchaser Contact 
Information Request.

DATES: Written comments should be received on or before July 31, 2017 
to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, room 6526, 1111 Constitution Avenue NW., Washington, 
DC 20224. Requests for additional information or copies of the form and 
instructions should be directed to LaNita Van Dyke, at Internal Revenue 
Service, room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, 
or through the internet at [email protected]

SUPPLEMENTARY INFORMATION: 
    Title: Foreclosure Sale Purchaser Contact Information Request.
    OMB Number: 1545-2199.
    Form Number: Form 15597.
    Abstract: Form 15597, Foreclosure Sale Purchaser Contact 
Information Request, is information requested of individuals or 
businesses that have purchased real property at a third party 
foreclosure sale. If the IRS has filed a ``Notice of Federal Tax Lien'' 
publically notifying a taxpayer's creditors that the taxpayer owes the 
IRS a tax debt, AND a creditor senior to the IRS position later 
forecloses on their creditor note (such as the mortgage holder of a 
taxpayers primary residence) THEN the IRS tax claim is discharged or 
removed from the property (if the appropriate foreclosure rules are 
followed) and the foreclosure sale purchaser buys the property free and 
clear of the IRS claim EXCEPT that the IRS retains the right to 
``redeem'' or buy back the property from the foreclosure sale purchaser 
w/in 120 days after the foreclosure sale. Collection of this 
information is authorized by 28 U.S.C. 2410 and IRC 7425.
    Current Actions: There are no changes made to the burden previously 
reported to OMB. This is for renewal purposes only.
    Type of Review: Extension of a previously approved collection.
    Affected Public: Individuals or households, Business or other for-
profit groups, Not-for-profit institutions, Farms, Federal Government, 
State, Local, or Tribal Governments.
    Estimated Number of Responses: 150.
    Estimated Time Per Respondent: 4.08 hours.
    Estimated Total Annual Burden Hours: 613.
    The following paragraph applies to all of the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained as long as 
their contents may become material in the administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or 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

[[Page 25047]]

agency, including whether the information shall have practical utility; 
(b) the accuracy of the agency'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 of information 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.

    Approved: May 22, 2017.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-11117 Filed 5-30-17; 8:45 am]
 BILLING CODE 4830-01-P

25046 Federal Register / Vol. 82, No. 103 / Wednesday, May 31, 2017 / Notices

whether the information will have Form: The forms for the letter of assistance. DOT will use the collected
practical utility; (b) the accuracy of the interest and application are available for information to evaluate and select
agency’s estimate of the burden of the review at http://www.fhwa.dot.gov/ipd/ recipients for credit assistance.
proposed collection of information, tifia/guidance_applications/tifia_ Applicants may be asked to provide
including the validity of the applications.htm. additional supporting evidence or to
methodology and assumptions used; (c) OMB Control Number: 2105–0569. quantify details during the review and
ways to enhance the quality, utility, and Abstract: The TIFIA program provides negotiation process on a case-by-case
clarity of the information to be Federal credit assistance in the form of basis.
collected; and (d) ways to minimize the direct loans, loan guarantees, and Description of Respondents: State and
burden of the collection of information standby lines of credit to eligible surface local governments, transit agencies,
on those who are to respond, including transportation projects. This freight and commuter railroad
the use of appropriate automated, information collection relates to the companies, special authorities, special
electronic, mechanical, or other collection of information from entities districts, and private entities.
technological collection techniques. interested in TIFIA credit assistance and Estimated Total Annual Number of
assists DOT in evaluating projects and Responses: 50 letters of interest and 50
The following information pertains to project sponsors for program eligibility applications.
this request: and creditworthiness. DOT is required Estimated Total Annual Burden
Title: Transportation Infrastructure by 23 U.S.C §§ 601–609 to solicit a letter Hours: 6,000 hours.
Financing and Innovation Act program of interest and an application from each The estimated burdens are itemized in
or TIFIA program. interested applicant for TIFIA credit the following table:

D. Total hours
B. Number of C. Hours per
A. Type of response (column B ×
responses response column C

Letter of Interest .......................................................................................................................... 50 20 1,000
Application ................................................................................................................................... 50 100 5,000

Frequency of Collection: One time. Service, room 6526, 1111 Constitution Current Actions: There are no changes
Avenue NW., Washington, DC 20224. made to the burden previously reported
Issued in Washington, DC on May 25,
2017. Requests for additional information or to OMB. This is for renewal purposes
copies of the form and instructions only.
Claire Barrett, should be directed to LaNita Van Dyke, Type of Review: Extension of a
Departmental Chief Privacy & Information at Internal Revenue Service, room 6526, previously approved collection.
Governance Officer. 1111 Constitution Avenue NW., Affected Public: Individuals or
[FR Doc. 2017–11167 Filed 5–30–17; 8:45 am] Washington, DC 20224, or through the households, Business or other for-profit
BILLING CODE 4910–22–P internet at Lanita.VanDyke@irs.gov groups, Not-for-profit institutions,
SUPPLEMENTARY INFORMATION:
Farms, Federal Government, State,
Local, or Tribal Governments.
DEPARTMENT OF THE TREASURY Title: Foreclosure Sale Purchaser
Estimated Number of Responses: 150.
Contact Information Request. Estimated Time Per Respondent: 4.08
Internal Revenue Service OMB Number: 1545–2199. hours.
Form Number: Form 15597. Estimated Total Annual Burden
Proposed Collection; Comment Abstract: Form 15597, Foreclosure Hours: 613.
Request for Form 15597 Sale Purchaser Contact Information The following paragraph applies to all
AGENCY: Internal Revenue Service, Request, is information requested of of the collections of information covered
Treasury. individuals or businesses that have by this notice:
ACTION: Notice and request for purchased real property at a third party An agency may not conduct or
comments. foreclosure sale. If the IRS has filed a sponsor, and a person is not required to
‘‘Notice of Federal Tax Lien’’ publically respond to, a collection of information
SUMMARY: The Department of the notifying a taxpayer’s creditors that the unless the collection of information
Treasury, as part of its continuing effort taxpayer owes the IRS a tax debt, AND displays a valid OMB control number.
to reduce paperwork and respondent a creditor senior to the IRS position later Books or records relating to a collection
burden, invites the general public and forecloses on their creditor note (such as of information must be retained as long
other Federal agencies to take this the mortgage holder of a taxpayers as their contents may become material
opportunity to comment on proposed primary residence) THEN the IRS tax in the administration of any internal
and/or continuing information claim is discharged or removed from the revenue law. Generally, tax returns and
collections, as required by the property (if the appropriate foreclosure tax return information are confidential,
Paperwork Reduction Act of 1995. rules are followed) and the foreclosure as required by 26 U.S.C. 6103.
Currently, the IRS is soliciting sale purchaser buys the property free Request for Comments: Comments
comments concerning Form 15597, and clear of the IRS claim EXCEPT that submitted in response to this notice will
nlaroche on DSK30NT082PROD with NOTICES

Foreclosure Sale Purchaser Contact the IRS retains the right to ‘‘redeem’’ or be summarized and/or included in the
Information Request. buy back the property from the request for OMB approval. All
DATES: Written comments should be foreclosure sale purchaser w/in 120 comments will become a matter of
received on or before July 31, 2017 to be days after the foreclosure sale. public record. Comments are invited on:
assured of consideration. Collection of this information is (a) Whether the collection of
ADDRESSES: Direct all written comments authorized by 28 U.S.C. 2410 and IRC information is necessary for the proper
to Laurie Brimmer, Internal Revenue 7425. performance of the functions of the

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Federal Register / Vol. 82, No. 103 / Wednesday, May 31, 2017 / Notices 25047

agency, including whether the Form Number: 8886 and Form 14234. DEPARTMENT OF THE TREASURY
information shall have practical utility; Abstract: Regulation section 1.6011–4
(b) the accuracy of the agency’s estimate Internal Revenue Service
requires certain taxpayers to disclose
of the burden of the collection of reportable transactions in which they
information; (c) ways to enhance the Proposed Collection; Comment
directly or indirectly participated. Request For Regulation Project
quality, utility, and clarity of the
information to be collected; (d) ways to Current Actions: There are no changes
AGENCY: Internal Revenue Service,
minimize the burden of the collection of being made to the form at this time. Treasury.
information on respondents, including Type of Review: Extension of a ACTION: Notice and request for
through the use of automated collection currently approved collection. comments.
techniques or other forms of information
Affected Public: Business or other for-
technology; and (e) estimates of capital SUMMARY: The Department of the
profit organizations, and individuals.
or start-up costs and costs of operation, Treasury, as part of its continuing effort
maintenance, and purchase of services Estimated Number of Respondents: to reduce paperwork and respondent
to provide information. 42,521. burden, invites the general public and
Approved: May 22, 2017. Estimated Time per Respondent: other Federal agencies to take this
Laurie Brimmer, 21.49 hours. opportunity to comment on proposed
and/or continuing information
Senior Tax Analyst. Estimated Total Annual Burden
collections, as required by the
[FR Doc. 2017–11117 Filed 5–30–17; 8:45 am] Hours: 913,698. Paperwork Reduction Act of 1995.
BILLING CODE 4830–01–P The following paragraph applies to all Currently, the IRS is soliciting
of the collections of information covered comments concerning procedure for
by this notice: monitoring compliance with low-
DEPARTMENT OF THE TREASURY
An agency may not conduct or income housing credit requirements;
Internal Revenue Service sponsor, and a person is not required to rules to carry out the purposes of
respond to, a collection of information section 42 and for correcting
Proposed Collection; Comment unless the collection of information administrative errors and omissions;
Request for Form 8886 and Form and compliance monitoring and
displays a valid OMB control number.
14234 miscellaneous issues relating to the low-
Books or records relating to a income housing credit.
AGENCY: Internal Revenue Service, collection of information must be DATES: Written comments should be
Treasury. retained as long as their contents may received on or before July 31, 2017 to be
ACTION: Notice and request for become material in the administration assured of consideration.
comments. of any internal revenue law. Generally, ADDRESSES: Direct all written comments
tax returns and tax return information to Laurie Brimmer, Internal Revenue
SUMMARY: The Department of the are confidential, as required by 26
Treasury, as part of its continuing effort Service, Room 6526, 1111 Constitution
U.S.C. 6103. Avenue NW., Washington, DC 20224.
to reduce paperwork and respondent
burden, invites the general public and Request for Comments: Comments Requests for additional information or
other Federal agencies to take this submitted in response to this notice will copies of the regulations should be
opportunity to comment on proposed be summarized and/or included in the directed to LaNita Van Dyke, at Internal
and/or continuing information request for OMB approval. All Revenue Service, Room 6526, 1111
collections, as required by the comments will become a matter of Constitution Avenue NW., Washington
Paperwork Reduction Act of 1995. public record. Comments are invited on: DC 20224, or through the internet, at
Currently, the IRS is soliciting (a) Whether the collection of Lanita.VanDyke@irs.gov.
comments concerning Form 8886, information is necessary for the proper SUPPLEMENTARY INFORMATION:
Reportable Transaction Disclosure performance of the functions of the Title: TD 8521, Procedure for
Statement, and Form 14234, Pre-CAP agency, including whether the Monitoring Compliance With Low-
and CAP Application Form. information shall have practical utility; Income Housing Credit Requirements;
DATES: Written comments should be
TD 8859, Rules To Carry Out the
(b) the accuracy of the agency’s estimate
received on or before July 31, 2017 to be Purposes of Section 42 and for
of the burden of the collection of
assured of consideration. Correcting Administrative Errors and
information; (c) ways to enhance the
Omissions; and REG–114664–97,
ADDRESSES: Direct all written comments quality, utility, and clarity of the
Compliance Monitoring and
to Laurie Brimmer, Internal Revenue information to be collected; (d) ways to Miscellaneous Issues Relating to the
Service, room 6526, 1111 Constitution minimize the burden of the collection of Low-Income Housing Credit.
Avenue NW., Washington, DC 20224. information on respondents, including OMB Number: 1545–1357.
Requests for additional information or through the use of automated collection Regulation Project Numbers: TD 8521;
copies of the form and instructions techniques or other forms of information TD 8859; and REG–114664–97.
should be directed to LaNita Van Dyke, technology; and (e) estimates of capital Abstract: TD 8521 This regulation
Internal Revenue Service, Room 6526, or start-up costs and costs of operation, requires state allocation plans to
1111 Constitution Avenue NW., maintenance, and purchase of services provide a procedure for state and local
nlaroche on DSK30NT082PROD with NOTICES

Washington, DC 20224, or through the to provide information. housing credit agencies to monitor for
internet at Lanita.VanDyke@irs.gov. compliance with the requirements of
Approved: May 24, 2017.
SUPPLEMENTARY INFORMATION: Code section 42 and report any
Laurie Brimmer,
Title: Reportable Transaction noncompliance to the IRS. 8859 This
Disclosure Statement, Pre-CAP and CAP Senior Tax Analyst. regulation concerns the Secretary of the
Application Form. [FR Doc. 2017–11119 Filed 5–30–17; 8:45 am] Treasury’s authority to provide
OMB Number: 1545–1800. BILLING CODE 4830–01–P guidance under Code section 42 and

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Document Created: 2017-05-31 05:59:45
Document Modified: 2017-05-31 05:59:45

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 comments.
Dates		Written comments should be received on or before July 31, 2017 to be assured of consideration.
FR Citation		82 FR 25046

82 FR 25046 - Proposed Collection; Comment Request for Form 15597

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 82, Issue 103 (May 31, 2017)

DEPARTMENT OF THE TREASURY
Internal Revenue Service