83 FR 1660 - Debt Management Advisory Committee Meeting

DEPARTMENT OF THE TREASURY

Federal Register Volume 83, Issue 9 (January 12, 2018)

Page Range		1660-1661
FR Document		2018-00384

Federal Register, Volume 83 Issue 9 (Friday, January 12, 2018)

[Federal Register Volume 83, Number 9 (Friday, January 12, 2018)]
[Notices]
[Pages 1660-1661]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00384]


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

DEPARTMENT OF THE TREASURY


Debt Management Advisory Committee Meeting

    Notice is hereby given, pursuant to 5 U.S.C. App. 2, 10(a)(2), that 
a meeting will be held at the Hay-Adams Hotel,

[[Page 1661]]

16th Street and Pennsylvania Avenue NW, Washington, DC, on January 30, 
2018 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, 
10(d) and Public Law 103-202, 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, 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 Public 
Law 103-202, 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, 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: January 8, 2018.
Fred Pietrangeli,
Director for Office of Debt Management.
[FR Doc. 2018-00384 Filed 1-11-18; 8:45 am]
BILLING CODE 4810-25-M

1660 Federal Register / Vol. 83, No. 9 / Friday, January 12, 2018 / Notices

Internal Revenue Service (IRS) exchange of S corporation stock is not Title: Form 8879–EX, IRS e-file
Title: Treaty-Based Return Position treated as ordinary income if the Signature Authorization for Forms 720,
Disclosure Under Section 6114 or shareholder attaches a statement to his 2290, and 8849.
7701(b). or her return containing information OMB Control Number: 1545–2081.
OMB Control Number: 1545–1354. establishing that the gain is not Type of Review: Reinstatement
Type of Review: Extension without attributable to section 1254 costs. without change of a previously
change of a currently approved Form: None. approved collection.
collection. Affected Public: Businesses or other Abstract: The Form 8879–EX, IRS e-
Abstract: Revenue Procedure 2010–19 for-profits. file Signature Authorization for Forms
Estimated Total Annual Burden 720, 2290, and 8849, will be used in the
provides guidance for individuals who
Hours: 1,000. Modernized e-File program. Form 8879–
emigrate from Canada and wish to make
an election for U.S. federal income tax Title: Rev. Proc. 99–21 Disability EX authorizes an a taxpayer and an
purposes. Form 8833 is used by Suspension. electronic return originator (ERO) to use
taxpayers to make the treaty-based OMB Control Number: 1545–1649. a personal identification number (PIN)
Type of Review: Extension without to electronically sign an electronic
return position disclosure required by
change of a currently approved excise tax return and, if applicable,
section 6114. The form must also be
collection. authorize an electronic funds
used by dual-resident taxpayers to make
Abstract: The information is needed withdrawal.
the treaty-based return position
to establish a claim that a taxpayer was Form: 8879–EX.
disclosure required by Regulations
financially disabled for purposes of Affected Public: Businesses or other
section 301.7701(b)–7.
section 6511(h) of the Internal Revenue for-profits.
Form: 8833.
Code (which was added by section 3203 Estimated Total Annual Burden
Affected Public: Businesses or other
of the Internal Revenue Service Hours: 46,800.
for-profits.
Estimated Total Annual Burden Restructuring and Reform Act of 1998). Title: Election to Expense Certain
Hours: 25,740. Under section 6511(h), the statute of Refineries.
limitations on claims for credit or OMB Control Number: 1545–2103.
Title: T.D. 8743, Sale of Residence refund is suspended for any period of an
from Qualified Personal Residence Type of Review: Extension without
individual taxpayer’s life during which change of a currently approved
Trust. the taxpayer is unable to manage his or
OMB Control Number: 1545–1485. collection.
her financial affairs because of a Abstract: The regulations provide
Type of Review: Extension without
medically determinable mental or guidance with respect to section 179C of
change of a currently approved
physical impairment, if the impairment the Internal Revenue Code, which
collection.
can be expected to result in death, or provides a taxpayer can elect to treat
Abstract: This document contains
has lasted (or can be expected to last) for 50% of the cost of ‘‘qualified refinery
previously approved final regulations
a continuous period of not less than 12 property’’ as a deductible expense not
permitting the reformation of a personal
months. Section 6511(h)(2)(A) requires chargeable to capital account. The
residence trust or a qualified personal
that proof of the taxpayer’s financial taxpayer makes an election under
residence trust in order to comply with
disability be furnished to the Internal section 179C by entering the amount of
the applicable requirements for such
Revenue Service. the deduction at the appropriate place
trusts. The final regulations also provide Form: None.
that the governing instruments of such on the taxpayer’s timely filed original
Affected Public: Individuals or federal income tax return for the taxable
trusts must prohibit the sale of a Households.
residence held in the trust to the grantor year in which the qualified refinery
Estimated Total Annual Burden
of the trust, the grantor’s spouse, or an property is placed in service and by
Hours: 24,100.
entity controlled by the grantor or the attaching a report specifying (a) the
Title: Continuation Sheet for Item # 15 name and address of the refinery and (b)
grantor’s spouse. (Additional Information) OF–306,
Form: None. the production capacity requirement
Declaration for Federal Employment. under which the refinery qualifies.
Affected Public: Individuals or OMB Control Number: 1545–1921.
Households. Form: None.
Type of Review: Extension without
Estimated Total Annual Burden Affected Public: Businesses or other
change of a currently approved
Hours: 625. for-profits.
collection.
Title: TD 8684—Treatment of Gain Abstract: Form 12114 is used by Estimated Total Annual Burden
From the Disposition of Interest in recruitment personnel of the Covington Hours: 120.
Certain Natural Resource Recapture Host Site. This form is provided to Authority: 44 U.S.C. 3501 et seq.
Property by S Corporations and Their applicants when completing OF 306, Dated: January 8, 2018.
Shareholders. Declaration for Federal Employment. It Spencer Clark,
OMB Control Number: 1545–1493. is used as a continuation sheet to clearly Treasury PRA Clearance Officer.
Type of Review: Extension without define additional information that is
change of a currently approved [FR Doc. 2018–00416 Filed 1–11–18; 8:45 am]
requested in item 15 of the OF 306. Due
collection. BILLING CODE 4830–01–P
to lack of space on the OF 306 this form
Abstract: This regulation prescribes can be used in lieu of an additional
rules under Code section 1254 relating
sradovich on DSK3GMQ082PROD with NOTICES

sheet of paper. The authority to request DEPARTMENT OF THE TREASURY
to the treatment by S corporations and this information is in 5 U.S.C. 3301 and
their shareholders of gain from the 3304. Debt Management Advisory Committee
disposition of natural resource recapture Form: 12114. Meeting
property and from the sale or exchange Affected Public: Individuals or
of S corporation stock. Section Households. Notice is hereby given, pursuant to 5
1.1254(c)(2) of the regulation provides Estimated Total Annual Burden U.S.C. App. 2, 10(a)(2), that a meeting
that gain recognized on the sale or Hours: 6,203. will be held at the Hay-Adams Hotel,

VerDate Sep<11>2014 17:47 Jan 11, 2018 Jkt 244001 PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 E:\FR\FM\12JAN1.SGM 12JAN1

Federal Register / Vol. 83, No. 9 / Friday, January 12, 2018 / Notices 1661

16th Street and Pennsylvania Avenue exemption covered by 5 U.S.C. DATES: The hearing is scheduled for
NW, Washington, DC, on January 30, 552b(c)(9)(A). Thursday, January 25, 2018 from 9:30
2018 at 9:30 a.m. of the following debt Treasury staff will provide a technical a.m. to 3:15 p.m.
management advisory committee: briefing to the press on the day before ADDRESSES: TBD, Washington, DC. A
Treasury Borrowing Advisory the Committee meeting, following the detailed agenda for the hearing will be
Committee of The Securities Industry release of a statement of economic posted on the Commission’s website at
and Financial Markets Association. conditions and financing estimates. This www.uscc.gov. Also, please check the
The agenda for the meeting provides briefing will give the press an Commission’s website for possible
for a charge by the Secretary of the opportunity to ask questions about changes to the hearing schedule.
Treasury or his designate that the financing projections. The day after the Reservations are not required to attend
Committee discuss particular issues and Committee meeting, Treasury will the hearing.
conduct a working session. Following release the minutes of the meeting, any
the working session, the Committee will charts that were discussed at the FOR FURTHER INFORMATION CONTACT: Any
present a written report of its meeting, and the Committee’s report to member of the public seeking further
recommendations. The meeting will be the Secretary. information concerning the hearing
closed to the public, pursuant to 5 The Office of Debt Management is should contact Leslie Tisdale, 444 North
U.S.C. App. 2, 10(d) and Public Law responsible for maintaining records of Capitol Street NW, Suite 602,
103–202, 202(c)(1)(B)(31 U.S.C. 3121 debt management advisory committee Washington, DC 20001; telephone: 202–
note). meetings and for providing annual 624–1496, or via email at ltisdale@
This notice shall constitute my reports setting forth a summary of uscc.gov. Reservations are not required
determination, pursuant to the authority Committee activities and such other to attend the hearing.
placed in heads of agencies by 5 U.S.C. matters as may be informative to the SUPPLEMENTARY INFORMATION:
App. 2, 10(d) and vested in me by public consistent with the policy of 5 Background: This is the first public
Treasury Department Order No. 101–05, U.S.C. 552(b). The Designated Federal hearing the Commission will hold
that the meeting will consist of Officer or other responsible agency during its 2018 report cycle. This
discussions and debates of the issues official who may be contacted for hearing will assess the status of China’s
presented to the Committee by the additional information is Fred Belt and Road initiative five years on,
Secretary of the Treasury and the Pietrangeli, Director for Office of Debt focusing on its economic, military, and
making of recommendations of the Management (202) 622–1876. geostrategic drivers and implications, as
Committee to the Secretary, pursuant to Dated: January 8, 2018. well as regional reactions and
Public Law 103–202, 202(c)(1)(B). Thus, Fred Pietrangeli, competing visions. The hearing will also
this information is exempt from explore how China’s Belt and Road
Director for Office of Debt Management.
disclosure under that provision and 5 initiative impacts U.S. economic and
[FR Doc. 2018–00384 Filed 1–11–18; 8:45 am]
U.S.C. 552b(c)(3)(B). In addition, the national security interests. The hearing
meeting is concerned with information BILLING CODE 4810–25–M
will be co-chaired by Commissioners
that is exempt from disclosure under 5 Dennis Shea and Katherine Tobin. Any
U.S.C. 552b(c)(9)(A). The public interest interested party may file a written
requires that such meetings be closed to U.S.-CHINA ECONOMIC AND statement by January 25, 2018, by
the public because the Treasury SECURITY REVIEW COMMISSION mailing to the contact above. A portion
Department requires frank and full of each panel will include a question
advice from representatives of the Notice of Open Public Hearing
and answer period between the
financial community prior to making its AGENCY: U.S.-China Economic and Commissioners and the witnesses.
final decisions on major financing Security Review Commission. Authority: Congress created the U.S.-
operations. Historically, this advice has ACTION: Notice of open public hearing. China Economic and Security Review
been offered by debt management Commission in 2000 in the National
advisory committees established by the SUMMARY: Notice is hereby given of the Defense Authorization Act (Public Law
several major segments of the financial following hearing of the U.S.-China 106–398), as amended by Division P of
community. When so utilized, such a Economic and Security Review the Consolidated Appropriations
committee is recognized to be an Commission. Resolution, 2003 (Public Law 108–7), as
advisory committee under 5 U.S.C. App. The Commission is mandated by amended by Public Law 109–108
2, 3. Congress to investigate, assess, and (November 22, 2005), as amended by
Although the Treasury’s final report to Congress annually on ‘‘the Public Law 113–291 (December 19,
announcement of financing plans may national security implications of the 2014).
not reflect the recommendations economic relationship between the
provided in reports of the Committee, United States and the People’s Republic Date: January 9, 2018.
premature disclosure of the Committee’s of China.’’ Pursuant to this mandate, the Kathleen Wilson,
deliberations and reports would be Commission will hold a public hearing Finance and Operations Director, U.S.-China
likely to lead to significant financial in Washington, DC, on January 25, 2018 Economic and Security Review Commission.
speculation in the securities market. on ‘‘China’s Belt and Road Initiative: [FR Doc. 2018–00464 Filed 1–11–18; 8:45 am]
Thus, this meeting falls within the Five Years Later.’’ BILLING CODE 1137–00–P
sradovich on DSK3GMQ082PROD with NOTICES

VerDate Sep<11>2014 18:39 Jan 11, 2018 Jkt 244001 PO 00000 Frm 00057 Fmt 4703 Sfmt 9990 E:\FR\FM\12JAN1.SGM 12JAN1

Document Created: 2018-10-26 09:52:00
Document Modified: 2018-10-26 09:52:00

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		83 FR 1660