82 FR 52968 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 219 (November 15, 2017)

Page Range		52968-52969
FR Document		2017-24662

The Internal Revenue Service, 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 existing Final Regulation, TD 9467--Measurement of Assets and Liabilities for Pension Funding Purposes, and Notice 2014-53--Pension Funding Stabilization under the Highway and Transportation Funding Act of 2014 (HAFTA).

Federal Register, Volume 82 Issue 219 (Wednesday, November 15, 2017)

[Federal Register Volume 82, Number 219 (Wednesday, November 15, 2017)]
[Notices]
[Pages 52968-52969]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-24662]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service, 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 existing Final

[[Page 52969]]

Regulation, TD 9467--Measurement of Assets and Liabilities for Pension 
Funding Purposes, and Notice 2014-53--Pension Funding Stabilization 
under the Highway and Transportation Funding Act of 2014 (HAFTA).

DATES: Written comments should be received on or before January 16, 
2018 to be assured of consideration.

ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulations should be directed to LaNita Van Dyke at 
(202) 371-6009, at Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW., Washington, DC 20224, or through the internet 
at Lanita.VanDyke@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Measurement of Assets and Liabilities for Pension Funding 
Purposes.
    OMB Number: 1545-2095.
    Regulation Project Number: REG-139236-07 (TD 9467) and Notice 2014-
53.
    Abstract: In order to implement the statutory provisions under 
sections 430 and 436, this final regulation contains collections of 
information in Sec. Sec.  1.430(f)-1(f), 1.430(h)(2)-1(e), 1.436-1(f), 
and 1.436-1(h). The information required under Sec.  1.430(f)-1(f) is 
required in order for plan sponsors to make elections regarding a 
plan's credit balances upon occasion. The information under Sec.  
1.430(g)-1(d)(3) is required in order for a plan sponsor to include as 
a plan asset a contribution made to avoid a restriction under section 
436. The information required under Sec.  1.430(h)(2)-1(e) is required 
in order for a plan sponsor to make an election to use an alternative 
interest rate for purposes of determining a plan's funding obligations 
under Sec.  1.430(h)(2)-1. The information required under Sec. Sec.  
1.436-1(f) and 1.436-1(h) is required in order for a qualified defined 
benefit plan's enrolled actuary to provide a timely certification of 
the plan's adjusted funding target attainment percentage (AFTAP) for 
each plan year to avoid certain benefit restrictions.
    The Highway and Transportation Funding Act of 2014 (HATFA), Public 
Law 113-159, was enacted on August 8, 2014, and was effective 
retroactively for single employer defined benefit pension plans, 
optional for plan years beginning in 2013 and mandatory for plan years 
beginning in 2014. Notice 2014-53 provides guidance on these changes to 
the funding stabilization rules for single-employer pension plans.
    Current Actions: There is no change to TD 9465 or Notice 2014-53.
    Type of Review: Extension without change of a currently approved 
collection.
    Affected Public: Individuals, business or other for-profit 
organizations, not-for-profit institutions and Federal, state, local or 
tribal governments.

TD 9467

    Estimated Number of Respondents: 80,000.
    Estimated Time per Respondent: 1.5 hrs.
    Estimated Total Annual Burden Hours: 120,000.

Notice 2014-53

    Estimated Number of Respondents: 76,600.
    Estimated Time per Respondent: 30 minutes.
    Estimated Total Annual Burden Hours: 38,000.
    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 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: November 8, 2017.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-24662 Filed 11-14-17; 8:45 am]
BILLING CODE 4830-01-P

52968 Federal Register / Vol. 82, No. 219 / Wednesday, November 15, 2017 / Notices

PRB reviews the performance appraisals DEPARTMENT OF THE TREASURY The following paragraph applies to all
of career senior executives who are of the collections of information covered
below the level of bureau head and Internal Revenue Service by this notice.
principal deputy in the bureaus, except An agency may not conduct or
for executives below the Assistant Proposed Collection; Comment sponsor, and a person is not required to
Commissioner/Executive Director level Request for Regulation Project respond to, a collection of information
in the Bureau of Fiscal Service. The AGENCY: Internal Revenue Service (IRS), unless the collection of information
Combined PRB makes recommendations Treasury. displays a valid OMB control number.
regarding proposed performance Books or records relating to a collection
ACTION: Notice and request for
appraisals, ratings, bonuses, pay of information must be retained as long
comments.
adjustments, and other appropriate as their contents may become material
personnel actions. SUMMARY: The Internal Revenue Service, in the administration of any internal
as part of its continuing effort to reduce revenue law. Generally, tax returns and
DATES: The membership of the tax return information are confidential,
paperwork and respondent burden,
Combined PRB as described in this as required by 26 U.S.C. 6103.
invites the general public and other
Notice is effective on October 26, 2017. Request for Comments: Comments
Federal agencies to take this
FOR FURTHER INFORMATION CONTACT: opportunity to comment on continuing submitted in response to this notice will
Randy L. Thornton, Chief Human information collections, as required by be summarized and/or included in the
Capital Officer, Bureau of the Fiscal the Paperwork Reduction Act of 1995. request for OMB approval. All
Service, (202) 874–5147. The IRS is soliciting comments comments will become a matter of
concerning the safe harbor for public record. Comments are invited on:
SUPPLEMENTARY INFORMATION: Pursuant (a) Whether the collection of
inadvertent normalization violations.
to 5 U.S.C. Section 4314(c)(4), this information is necessary for the proper
DATES: Written comments should be
Notice announces the appointment of performance of the functions of the
the following primary and alternate received on or before January 16, 2018
to be assured of consideration. agency, including whether the
members to the Combined PRB: information shall have practical utility;
ADDRESSES: Direct all written comments
Primary Members (b) the accuracy of the agency’s estimate
to L. Brimmer, Internal Revenue
of the burden of the collection of
Service, Room 6529, 1111 Constitution
Stephen L. Manning, Deputy information; (c) ways to enhance the
Avenue NW., Washington, DC 20224.
Commissioner, Finance and quality, utility, and clarity of the
FOR FURTHER INFORMATION CONTACT: information to be collected; (d) ways to
Administration, Bureau of the Fiscal
Service Requests for additional information or minimize the burden of the collection of
copies of the revenue procedure should information on respondents, including
David Motl, Chief Administrative be directed to Kerry Dennis, at (202)
Officer, United States Mint through the use of automated collection
317–5751 or Internal Revenue Service, techniques or other forms of information
Peter Bergstrom, Assistant Director, Room 6529, 1111 Constitution Avenue technology; and (e) estimates of capital
Management Services, Financial NW., Washington DC 20224, or through or start-up costs and costs of operation,
Crimes Enforcement Network the internet, at Kerry.Dennis@irs.gov. maintenance, and purchase of services
Marty Greiner, Deputy Director, Chief SUPPLEMENTARY INFORMATION: to provide information.
Administrative Officer, Bureau of Title: Safe Harbor for Inadvertent
Approved: November 8, 2017.
Engraving and Printing Normalization Violations.
OMB Number: 1545–2276. L. Brimmer,
Mary G. Ryan, Deputy Administrator, Revenue Procedure Number: 2017–47. Senior Tax Analyst.
Alcohol and Tobacco Tax and Trade Abstract: Revenue Procedure 2017–47 [FR Doc. 2017–24661 Filed 11–14–17; 8:45 am]
Bureau provides a safe harbor that allows a BILLING CODE 4830–01–P

Alternate Members utility taxpayer that inadvertently uses
a practice or procedure that is
Mike Linder, Assistant Commissioner/ inconsistent with the normalization DEPARTMENT OF THE TREASURY
CFO, Bureau of the Fiscal Service rules (such as failure to use the
proration methodology) to correct that Internal Revenue Service
David Croft, Associate Director of
Manufacturing, United States Mint practice or procedure at the next Proposed Collection; Comment
available opportunity and be considered Request for Regulation Project
Amy Taylor, Assistant Director, not to have violated the normalization
Technology Division, Financial rules by their inadvertent error without AGENCY: Internal Revenue Service (IRS),
Crimes Enforcement Network requiring the taxpayer to obtain a Treasury.
Debra Richardson, Associate Director, private letter ruling from the Service ACTION: Notice and request for
Chief Financial Officer, Bureau of regarding the inadvertent error. comments.
Engraving and Printing Current Actions: There is no change to
this existing revenue procedure. SUMMARY: The Internal Revenue Service,
Theresa McCarthy, Assistant as part of its continuing effort to reduce
Administrator, Headquarter Type of Review: Extension of a
currently approved collection. paperwork and respondent burden,
Operations, Alcohol and Tobacco Tax invites the general public and other
sradovich on DSK3GMQ082PROD with NOTICES

and Trade Bureau Affected Public: Businesses or other
for-profits. Federal agencies to take this
Authority: 5 U.S.C. Section 4314(c)(4). Estimated Number of Respondents: opportunity to comment on proposed
150. and/or continuing information
Sheryl R. Morrow,
Estimated Time per Respondent: 12 collections, as required by the
Commissioner, Bureau of the Fiscal Service. hours. Paperwork Reduction Act of 1995.
[FR Doc. 2017–24731 Filed 11–14–17; 8:45 am] Estimated Total Annual Burden Currently, the IRS is soliciting
BILLING CODE 4810–AS–P Hours: 1,800. comments concerning existing Final

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Federal Register / Vol. 82, No. 219 / Wednesday, November 15, 2017 / Notices 52969

Regulation, TD 9467—Measurement of Current Actions: There is no change to DEPARTMENT OF THE TREASURY
Assets and Liabilities for Pension TD 9465 or Notice 2014–53.
Funding Purposes, and Notice 2014– Type of Review: Extension without Internal Revenue Service
53—Pension Funding Stabilization change of a currently approved
under the Highway and Transportation collection. Proposed Collection; Comment
Funding Act of 2014 (HAFTA). Affected Public: Individuals, business Request for Form 4419.
DATES: Written comments should be or other for-profit organizations, not-for-
AGENCY: Internal Revenue Service (IRS),
received on or before January 16, 2018 profit institutions and Federal, state,
Treasury.
to be assured of consideration. local or tribal governments.
ACTION: Notice and request for
ADDRESSES: Direct all written comments TD 9467 comments.
to L. Brimmer, Internal Revenue Estimated Number of Respondents:
Service, Room 6526, 1111 Constitution 80,000. SUMMARY: The Internal Revenue Service,
Avenue NW., Washington, DC 20224. Estimated Time per Respondent: 1.5 as part of its continuing effort to reduce
FOR FURTHER INFORMATION CONTACT: hrs. paperwork and respondent burden,
Requests for additional information or Estimated Total Annual Burden invites the general public and other
copies of the regulations should be Hours: 120,000. Federal agencies to take this
directed to LaNita Van Dyke at (202) opportunity to comment on proposed
Notice 2014–53 and/or continuing information
371–6009, at Internal Revenue Service,
Room 6526, 1111 Constitution Avenue Estimated Number of Respondents: collections, as required by the
NW., Washington, DC 20224, or through 76,600. Paperwork Reduction Act of 1995.
the internet at Lanita.VanDyke@irs.gov. Estimated Time per Respondent: 30 Currently, the IRS is soliciting
SUPPLEMENTARY INFORMATION:
minutes. comments concerning Form 4419,
Title: Measurement of Assets and Estimated Total Annual Burden Application for Filing Information
Hours: 38,000. Returns Electronically (FIRE).
Liabilities for Pension Funding
The following paragraph applies to all
Purposes. DATES: Written comments should be
of the collections of information covered
OMB Number: 1545–2095. received on or before January 16, 2018
Regulation Project Number: REG– by this notice:
An agency may not conduct or to be assured of consideration.
139236–07 (TD 9467) and Notice 2014– ADDRESSES: Direct all written comments
sponsor, and a person is not required to
53. to L. Brimmer, Internal Revenue
respond to, a collection of information
Abstract: In order to implement the Service, Room 6526, 1111 Constitution
unless the collection of information
statutory provisions under sections 430 Avenue NW., Washington, DC 20224.
displays a valid OMB control number.
and 436, this final regulation contains
Books or records relating to a collection FOR FURTHER INFORMATION CONTACT:
collections of information in
of information must be retained as long Requests for additional information or
§§ 1.430(f)–1(f), 1.430(h)(2)–1(e), 1.436–
as their contents may become material copies of the form and instructions
1(f), and 1.436–1(h). The information
in the administration of any internal should be directed to LaNita Van Dyke
required under § 1.430(f)–1(f) is
revenue law. Generally, tax returns and at (202) 317–6009, at Internal Revenue
required in order for plan sponsors to
tax return information are confidential, Service, Room 6526, 1111 Constitution
make elections regarding a plan’s credit as required by 26 U.S.C. 6103.
balances upon occasion. The Avenue NW., Washington, DC 20224, or
Request for Comments: Comments through the internet at
information under § 1.430(g)–1(d)(3) is submitted in response to this notice will
required in order for a plan sponsor to Lanita.VanDyke@irs.gov.
be summarized and/or included in the
include as a plan asset a contribution SUPPLEMENTARY INFORMATION:
request for OMB approval. All
made to avoid a restriction under Title: Application for Filing
comments will become a matter of
section 436. The information required public record. Comments are invited on: Information Returns Electronically
under § 1.430(h)(2)–1(e) is required in (a) Whether the collection of (FIRE).
order for a plan sponsor to make an information is necessary for the proper OMB Number: 1545–0387.
election to use an alternative interest performance of the functions of the Form Number: 4419.
rate for purposes of determining a plan’s agency, including whether the Abstract: Under section 6011(e)(2)(a)
funding obligations under § 1.430(h)(2)– information shall have practical utility; of the Internal Revenue Code, any
1. The information required under (b) the accuracy of the agency’s estimate person, including corporations,
§§ 1.436–1(f) and 1.436–1(h) is required of the burden of the collection of partnerships, individuals, estates and
in order for a qualified defined benefit information; (c) ways to enhance the trusts, who is required to file 250 or
plan’s enrolled actuary to provide a quality, utility, and clarity of the more information returns must file such
timely certification of the plan’s information to be collected; (d) ways to returns magnetically or electronically.
adjusted funding target attainment minimize the burden of the collection of Payers required to file on magnetic
percentage (AFTAP) for each plan year information on respondents, including media or electronically must complete
to avoid certain benefit restrictions. through the use of automated collection Form 4419 to receive authorization to
The Highway and Transportation techniques or other forms of information file.
Funding Act of 2014 (HATFA), Public technology; and (e) estimates of capital Current Actions: There are no changes
Law 113–159, was enacted on August 8, or start-up costs and costs of operation, being made to the form at this time.
2014, and was effective retroactively for Type of Review: Extension of a
sradovich on DSK3GMQ082PROD with NOTICES

maintenance, and purchase of services
single employer defined benefit pension to provide information. currently approved collection.
plans, optional for plan years beginning Affected Public: Business or other for-
in 2013 and mandatory for plan years Approved: November 8, 2017. profit organizations, non-profit
beginning in 2014. Notice 2014–53 Laurie Brimmer, institutions, and Federal, State, local or
provides guidance on these changes to Senior Tax Analyst. tribal governments.
the funding stabilization rules for [FR Doc. 2017–24662 Filed 11–14–17; 8:45 am] Estimated Number of Respondents:
single-employer pension plans. BILLING CODE 4830–01–P 15,000.

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Document Created: 2018-10-25 10:36:39
Document Modified: 2018-10-25 10:36:39

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 January 16, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the regulations should be directed to LaNita Van Dyke at (202) 371-6009, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at [email protected]
FR Citation		82 FR 52968

82 FR 52968 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 82, Issue 219 (November 15, 2017)

DEPARTMENT OF THE TREASURY
Internal Revenue Service