83_FR_30347 83 FR 30223 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Fiscal Service Information Collection Requests

83 FR 30223 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Fiscal Service Information Collection Requests

DEPARTMENT OF THE TREASURY

Federal Register Volume 83, Issue 124 (June 27, 2018)

Page Range30223-30224
FR Document2018-13779

The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.

Federal Register, Volume 83 Issue 124 (Wednesday, June 27, 2018)
[Federal Register Volume 83, Number 124 (Wednesday, June 27, 2018)]
[Notices]
[Pages 30223-30224]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-13779]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple Fiscal Service Information Collection 
Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before July 27, 2018 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Jennifer Quintana by emailing [email protected], calling 
(202) 622-0489, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Bureau of the Fiscal Service (FS)

    Title: Schedule of Excess Risks.
    OMB Control Number: 1530-0062.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Listing of Excess Risks written or assumed by Treasury 
Certified Companies for compliance with Treasury Regulations to assist 
in determination of solvency of Certified companies for the benefit of 
writing Federal surety bonds.
    Form: FS Form 285-A.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 5,800.
    Title: Implementing Regulations: Government Securities Act of 1986, 
as amended.
    OMB Control Number: 1530-0064.
    Type of Review: Revision of a currently approved collection.
    Abstract: The regulations require government securities broker and 
dealers to make and keep certain records concerning their business 
activities and their holdings of government securities, to submit 
financial reports, and to make certain disclosures to investors. The 
regulations also require depository institutions to keep certain 
records of non-fiduciary custodial holdings of government securities. 
The regulations and associated collections are fundamental to customer 
protection and dealer financial responsibility.
    Form: G-FIN-4, G-FIN-5, G-405.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 224,592.
    Title: Subscription for Purchase and Issue of U.S. Treasury 
Securities--State and Local Government Series.
    OMB Control Number: 1530-0065.
    Type of Review: Revision of a currently approved collection.
    Abstract: The information is necessary to establish and maintain 
the accounts for owners of securities of State and Local Government 
Series.

[[Page 30224]]

    Form: FS Form 4144 series, 5237, 5238 & 5377.
    Affected Public: State and Local Governments.
    Estimated Total Annual Burden Hours: 2,578.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: June 21, 2018.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2018-13779 Filed 6-26-18; 8:45 am]
 BILLING CODE 4810-AS-P



                                                                            Federal Register / Vol. 83, No. 124 / Wednesday, June 27, 2018 / Notices                                              30223

                                               Federal agencies to take this                           tax returns and tax return information                 20503, or email at OIRA_Submission@
                                               opportunity to comment on proposed                      are confidential, as required by 26                    OMB.EOP.gov and (2) Treasury PRA
                                               and/or continuing information                           U.S.C. 6103.                                           Clearance Officer, 1750 Pennsylvania
                                               collections, as required by the                            Request for Comments: Comments                      Ave. NW, Suite 8142, Washington, DC
                                               Paperwork Reduction Act of 1995.                        submitted in response to this notice will              20220, or email at PRA@treasury.gov.
                                               Currently, the IRS is soliciting                        be summarized and/or included in the                   FOR FURTHER INFORMATION CONTACT:
                                               comments concerning requirements                        request for OMB approval. All                          Copies of the submissions may be
                                               respecting the adoption or change of                    comments will become a matter of                       obtained from Jennifer Quintana by
                                               accounting method; extensions of time                   public record. Comments are invited on:                emailing PRA@treasury.gov, calling
                                               to make elections.                                      (a) Whether the collection of                          (202) 622–0489, or viewing the entire
                                               DATES: Written comments should be                       information is necessary for the proper                information collection request at
                                               received on or before August 27, 2018                   performance of the functions of the                    www.reginfo.gov.
                                               to be assured of consideration.                         agency, including whether the
                                                                                                                                                              SUPPLEMENTARY INFORMATION:
                                               ADDRESSES: Direct all written comments                  information shall have practical utility;
                                               to Laurie Brimmer, Internal Revenue                     (b) the accuracy of the agency’s estimate              Bureau of the Fiscal Service (FS)
                                               Service, Room 6526, 1111 Constitution                   of the burden of the collection of
                                                                                                                                                                 Title: Schedule of Excess Risks.
                                               Avenue NW, Washington, DC 20224.                        information; (c) ways to enhance the                      OMB Control Number: 1530–0062.
                                                                                                       quality, utility, and clarity of the                      Type of Review: Extension without
                                               FOR FURTHER INFORMATION CONTACT:
                                                                                                       information to be collected; (d) ways to               change of a currently approved
                                               Requests for additional information or
                                                                                                       minimize the burden of the collection of               collection.
                                               copies of the regulation should be
                                                                                                       information on respondents, including                     Abstract: Listing of Excess Risks
                                               directed to LaNita Van Dyke at (202)
                                                                                                       through the use of automated collection                written or assumed by Treasury
                                               317–6009, at Internal Revenue Service,
                                                                                                       techniques or other forms of information               Certified Companies for compliance
                                               Room 6526, 1111 Constitution Avenue
                                                                                                       technology; and (e) estimates of capital               with Treasury Regulations to assist in
                                               NW, Washington, DC 20224, or through
                                                                                                       or start-up costs and costs of operation,              determination of solvency of Certified
                                               the internet, at Lanita.VanDyke@irs.gov.
                                                                                                       maintenance, and purchase of services                  companies for the benefit of writing
                                               SUPPLEMENTARY INFORMATION:                              to provide information.
                                                 Title: Requirements Respecting the                                                                           Federal surety bonds.
                                               Adoption or Change of Accounting                          Approved: June 20, 2018.                                Form: FS Form 285–A.
                                               Method; Extensions of Time to Make                      Laurie Brimmer,                                           Affected Public: Businesses or other
                                               Elections.                                              Senior Tax Analyst.                                    for-profits.
                                                 OMB Number: 1545–1488.                                [FR Doc. 2018–13750 Filed 6–26–18; 8:45 am]               Estimated Total Annual Burden
                                                 Regulation Project Number: TD 8742.                   BILLING CODE 4830–01–P
                                                                                                                                                              Hours: 5,800.
                                                 Abstract: This final regulation                                                                                 Title: Implementing Regulations:
                                               provides the procedures for requesting                                                                         Government Securities Act of 1986, as
                                               an extension of time to make certain                    DEPARTMENT OF THE TREASURY                             amended.
                                               elections, including changes in                                                                                   OMB Control Number: 1530–0064.
                                               accounting method and accounting                        Agency Information Collection                             Type of Review: Revision of a
                                               period. In addition, the regulation                     Activities; Submission for OMB                         currently approved collection.
                                               provides the standards that the IRS will                Review; Comment Request; Multiple                         Abstract: The regulations require
                                               use in determining whether to grant                     Fiscal Service Information Collection                  government securities broker and
                                               taxpayers extensions of time to make                    Requests                                               dealers to make and keep certain
                                               these elections.                                                                                               records concerning their business
                                                                                                       AGENCY: Departmental Offices, U.S.                     activities and their holdings of
                                                 Current Actions: There is no change to
                                                                                                       Department of the Treasury.                            government securities, to submit
                                               this existing regulation.
                                                 Type of Review: Extension of                          ACTION: Notice.                                        financial reports, and to make certain
                                               currently approved collection.                                                                                 disclosures to investors. The regulations
                                                                                                       SUMMARY:   The Department of the                       also require depository institutions to
                                                 Affected Public: Business or other for-               Treasury will submit the following
                                               profit organizations, individuals, not-                                                                        keep certain records of non-fiduciary
                                                                                                       information collection requests to the                 custodial holdings of government
                                               for-profit institutions, and farms.                     Office of Management and Budget
                                                 Estimated Number of Respondents:                                                                             securities. The regulations and
                                                                                                       (OMB) for review and clearance in                      associated collections are fundamental
                                               500.
                                                                                                       accordance with the Paperwork                          to customer protection and dealer
                                                 Estimated Time per Respondent: 10
                                                                                                       Reduction Act of 1995, on or after the                 financial responsibility.
                                               hours.
                                                                                                       date of publication of this notice. The                   Form: G–FIN–4, G–FIN–5, G–405.
                                                 Estimated Total Annual Burden
                                                                                                       public is invited to submit comments on                   Affected Public: Businesses or other
                                               Hours: 5,000.
                                                 The following paragraph applies to all                these requests.                                        for-profits.
                                               of the collections of information covered               DATES: Comments should be received on                     Estimated Total Annual Burden
                                               by this notice:                                         or before July 27, 2018 to be assured of               Hours: 224,592.
                                                 An agency may not conduct or                          consideration.                                            Title: Subscription for Purchase and
                                               sponsor, and a person is not required to                ADDRESSES: Send comments regarding                     Issue of U.S. Treasury Securities—State
                                               respond to, a collection of information                 the burden estimate, or any other aspect               and Local Government Series.
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                                               unless the collection of information                    of the information collection, including                  OMB Control Number: 1530–0065.
                                               displays a valid OMB control number.                    suggestions for reducing the burden, to                   Type of Review: Revision of a
                                                 Books or records relating to a                        (1) Office of Information and Regulatory               currently approved collection.
                                               collection of information must be                       Affairs, Office of Management and                         Abstract: The information is
                                               retained as long as their contents may                  Budget, Attention: Desk Officer for                    necessary to establish and maintain the
                                               become material in the administration                   Treasury, New Executive Office                         accounts for owners of securities of
                                               of any internal revenue law. Generally,                 Building, Room 10235, Washington, DC                   State and Local Government Series.


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                                               30224                        Federal Register / Vol. 83, No. 124 / Wednesday, June 27, 2018 / Notices

                                                 Form: FS Form 4144 series, 5237,                         Type of Review: Extension without                   approved regulations provide reporting
                                               5238 & 5377.                                            change of a currently approved                         and recordkeeping requirements related
                                                 Affected Public: State and Local                      collection.                                            to return, payments, and deposits of tax
                                               Governments.                                               Abstract: Internal Revenue Code                     for excise taxes currently reportable on
                                                 Estimated Total Annual Burden                         section 108 allows taxpayers to exclude                Form 720.
                                               Hours: 2,578.                                           from gross income amounts attributable                    Form: None.
                                                  Authority: 44 U.S.C. 3501 et seq.                    to discharge of indebtedness in title 11                  Affected Public: Businesses or other
                                                                                                       cases, insolvency, or qualified farm                   for-profits.
                                                 Dated: June 21, 2018.                                 indebtedness. Code section 1081(b)                        Estimated Total Annual Burden
                                               Spencer W. Clark,                                       allows corporations to exclude from                    Hours: 242,350.
                                               Treasury PRA Clearance Officer.                         gross income amounts attributable to                      Title: Revenue Procedure 2000–12,
                                               [FR Doc. 2018–13779 Filed 6–26–18; 8:45 am]             certain transfers of property. The data is             Application Procedures for Qualified
                                               BILLING CODE 4810–AS–P                                  used to verify adjustments to basis of                 Intermediary Status under Section 1441;
                                                                                                       property and reduction of tax attributes.              Final Qualified Intermediary
                                                                                                          Form: Form 982.                                     Withholding Agreement.
                                               DEPARTMENT OF THE TREASURY                                 Affected Public: Businesses or other                   OMB Control Number: 1545–1597.
                                                                                                       for-profits.                                              Type of Review: Extension without
                                               Agency Information Collection                              Estimated Total Annual Burden                       change of a currently approved
                                               Activities; Submission for OMB                          Hours: 7,491.                                          collection.
                                               Review; Comment Request; Multiple                          Title: Declaration and Signature for                   Abstract: Previously approved,
                                               IRS Information Collection Requests                     Electronic and Magnetic Media Filing                   Revenue Procedure 2000–12 describes
                                                                                                       Forms: F–8453–EMP, F–8453–FE, F–                       application procedures for becoming a
                                               AGENCY: Departmental Offices, U.S.                                                                             qualified intermediary and the requisite
                                                                                                       8879–EMP and F–8879–F.
                                               Department of the Treasury.                                OMB Control Number: 1545–0967.                      agreement that a qualified intermediary
                                               ACTION: Notice.                                            Type of Review: Revision of a                       must execute with the IRS. The
                                                                                                       currently approved collection.                         information will be used by the IRS to
                                               SUMMARY:   The Department of the                           Abstract: Form 8453–EMP is used to                  ensure compliance with the U.S.
                                               Treasury will submit the following                      authenticate an electronic return                      withholding system under the 1441
                                               information collection requests to the                  originator (ERO), if any, to transmit by               regulations (especially proper
                                               Office of Management and Budget                         way of third-party.                                    entitlement to treaty benefits). Revenue
                                               (OMB) for review and clearance in                          Form 8453–FE is used to authenticate                Procedure 2003–64 amends Revenue
                                               accordance with the Paperwork                           the electronic Form 1041, U.S. Income                  Procedure 2000–12. Revenue Procedure
                                               Reduction Act of 1995, on or after the                  Tax Return for Estates and Trusts,                     2014–39 modifies Revenue Procedure
                                               date of publication of this notice. The                 authorize the electronic filer to transmit             2000–12. Revenue Procedure 2014–47
                                               public is invited to submit comments on                 via a third-party transmitter, and                     modifies Revenue Procedure 2003–64.
                                               these requests.                                         authorize an electronic fund withdrawal                   Form: 15345.
                                               DATES: Comments should be received on                   for payment of federal taxes owed.                        Affected Public: Businesses or other
                                               or before July 27, 2018 to be assured of                   Form 8879–EMP is used if a taxpayer                 for-profits.
                                               consideration.                                          and the electronic return originator                      Estimated Total Annual Burden
                                               ADDRESSES: Send comments regarding                      (ERO) want to use a personal                           Hours: 301,018.
                                               the burden estimate, or any other aspect                identification number (PIN) to                            Title: Credits for Affected Disaster
                                               of the information collection, including                electronically sign an electronic                      Area Employers.
                                               suggestions for reducing the burden, to                 employment tax return.                                    OMB Control Number: 1545–1978.
                                               (1) Office of Information and Regulatory                   Form 8879–F is used by an electronic                   Type of Review: Extension without
                                               Affairs, Office of Management and                       return originator when the fiduciary                   change of a currently approved
                                               Budget, Attention: Desk Officer for                     wants to use a personal identification                 collection.
                                               Treasury, New Executive Office                          number to electronically sign an estate’s                 Abstract: Form 5884–A is used to
                                               Building, Room 10235, Washington, DC                    or trust’s electronic income tax return,               figure the employee retention credit that
                                               20503, or email at OIRA_Submission@                     and if applicable consent to electronic                an eligible employer who conducted an
                                               OMB.EOP.gov and (2) Treasury PRA                        funds withdrawal.                                      active trade or business in the Hurricane
                                               Clearance Officer, 1750 Pennsylvania                       Forms: 8879–F, 8453–FE, 8453–EMP,                   Harvey, Irma, or Maria disaster zones
                                               Ave. NW, Suite 8142, Washington, DC                     8879–EMP.                                              may claim. The credit is equal to 40
                                               20220, or email at PRA@treasury.gov.                       Affected Public: Businesses or other                percent of qualified wages for each
                                                                                                       for-profits.                                           eligible employee (up to a maximum of
                                               FOR FURTHER INFORMATION CONTACT:
                                                                                                          Estimated Total Annual Burden                       $6,000 in qualified wages per
                                               Copies of the submissions may be
                                                                                                       Hours: 53,783,747.                                     employee). Public Law 115–63, section
                                               obtained from Jennifer Quintana by
                                                                                                          Title: PS–27–91 (TD 8442) Procedural                503 was enacted 9–29–17 and is the
                                               emailing PRA@treasury.gov, calling
                                                                                                       Rules for Excise Taxes Currently                       authorizing statute for this collection.
                                               (202) 622–0489, or viewing the entire
                                                                                                       Reportable on Form 720; PS–8–95 (TD                       Form: 5884–A.
                                               information collection request at                                                                                 Affected Public: Businesses or other
                                                                                                       8685) Deposits of Excise Taxes.
                                               www.reginfo.gov.                                           OMB Control Number: 1545–1296.                      for-profits.
                                               SUPPLEMENTARY INFORMATION:                                 Type of Review: Extension without                      Estimated Total Annual Burden
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                                                                                                       change of a currently approved                         Hours: 760,000.
                                               Internal Revenue Service (IRS)                                                                                    Title: TD 9451—Guidance Necessary
                                                                                                       collection.
                                                 Title: Form 982—Reduction of Tax                         Abstract: Internal Revenue Code                     To Facilitate Business Election Filing;
                                               Attributes Due to Discharge of                          section 6302(c) authorizes the use of                  Finalization of Controlled Group
                                               Indebtedness (and Section 1082 Basis                    Government depositaries for the receipt                Qualification Rules, TD 9759–
                                               Adjustment).                                            of taxes imposed under the internal                    Limitations on the Importation of Net
                                                 OMB Control Number: 1545–0046.                        revenue laws. These previously                         Built-In Losses.


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Document Created: 2018-11-06 09:53:08
Document Modified: 2018-11-06 09:53:08
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesComments should be received on or before July 27, 2018 to be assured of consideration.
ContactCopies of the submissions may be obtained from Jennifer Quintana by emailing [email protected], calling (202) 622-0489, or viewing the entire information collection request at www.reginfo.gov.
FR Citation83 FR 30223 

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