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The Department of the Treasury has announced that they will be submitting various information collection requests to the Office of Management and Budget (OMB) for review. These requests are part of a routine process governed by the Paperwork Reduction Act of 1995. The public is encouraged to submit comments by January 21, 2025, for consideration. The notice includes details about different forms and applications used by the Internal Revenue Service (IRS) for purposes such as employee pensions and advisory council membership, along with estimated burdens associated with each.

The Department of the Treasury is seeking public comments on its proposed information collection activities related to the Office of Foreign Assets Control (OFAC). These activities involve renewing and revising the authority to collect information under various economic sanctions programs administered by OFAC. The Treasury department is consolidating several existing requests and introducing a new form related to economic sanctions on Russia. Comments are requested by January 27, 2025, and further details can be found on the specified government website.

The Department of the Treasury is planning to submit several information collection requests to the Office of Management and Budget (OMB) for review. These requests are related to financial crime regulations, such as reporting large cash transactions and anti-money laundering requirements for casinos. The public is encouraged to provide comments on these proposals by March 26, 2021. The document details different areas where the Treasury seeks to extend its data gathering efforts under existing regulations without making changes.

The Department of the Treasury is seeking feedback on proposed information collections related to community financial programs, as part of its effort to lessen paperwork and reporting burdens. This includes the Capital Magnet Fund (CMF), which supports affordable housing, and the Small Dollar Loan Program (SDL), which provides financial assistance to improve access to financial services. Public comments are invited until May 19, 2025. Additional details can be found on reginfo.gov.

The U.S. Nuclear Regulatory Commission (NRC) is inviting public comments on renewing the Office of Management and Budget (OMB) approval for collecting information through NRC Form 531, titled "Request for Taxpayer Identification Number." This process involves gathering taxpayer identification numbers from individuals and entities doing business with the government, including those holding licenses and permits from the NRC. Public comments are requested by February 18, 2025, to help ensure the proposed information collection is necessary and effective. The NRC is particularly interested in feedback on the necessity, burden, and potential improvements related to the data collection process.

The Department of the Treasury is seeking public comments on information collection requests it plans to submit to the Office of Management and Budget (OMB). These collections are related to tax-exempt organizations, which file various forms to maintain their exempt status under the Internal Revenue Code. The forms help ensure that these organizations meet the requirements of their tax-exempt status and are also used for statistical purposes. Comments from the public are invited and should be submitted by February 26, 2021.

The Department of the Treasury is submitting multiple information collection requests to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act of 1995. They are seeking public comments on these requests by March 31, 2025. One request involves proposals for public contracts for supplies and services, impacting businesses with an estimated 217,838 annual burden hours. Another is related to the Coronavirus Economic Relief for Transportation Services (CERTS) program, which provided $2 billion in grants to transportation service providers both impacted by COVID-19 and required to maintain expenditure records for three years, with an estimated burden of 365 annual hours.

The Department of the Treasury is set to submit several information collection requests to the Office of Management and Budget (OMB) as per the Paperwork Reduction Act of 1995. The requests cover various IRS forms, including forms related to voluntary disclosures, information returns, distributions from retirement plans, foreign tax credits, international boycott reports, and IRA contributions. The Treasury Department invites public comments on these requests within a 30-day period referenced in the notice. The estimated burden hours and respondent numbers vary across different forms and information collections.

The Department of the Treasury has announced the insurance marketplace aggregate retention amount (IMARA) for 2025, which is a part of the Terrorism Risk Insurance Program. The IMARA for 2025 is set at $53,366,227,478 and is based on the average insurer deductibles from 2022 to 2024. This figure helps determine if the Treasury needs to recoup any payments made under the program. The IMARA calculation relies on direct earned premiums reported by insurers to the Treasury for the previous three years.

The Office of Foreign Assets Control (OFAC) under the Department of the Treasury has issued a final rule to adjust civil monetary penalties for inflation, as required by law. This adjustment aims to maintain the deterrent effect of these penalties by reflecting changes in the cost of living. The updated penalties apply across various statutes like the Trading With the Enemy Act, the International Emergency Economic Powers Act, and others. The rule will be effective beginning January 15, 2025, and does not require prior public notice or comment.