Search Results for keywords:"reporting requirements"

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Search Results: keywords:"reporting requirements"

  • Type:Notice
    Citation:86 FR 10952
    Reading Time:about 4 minutes

    The Environmental Protection Agency (EPA) is planning to submit a request to extend an ongoing information collection related to Exchange Network Grants Progress Reports. This extension will be reviewed by the Office of Management and Budget in compliance with the Paperwork Reduction Act. The EPA is seeking public comments on the necessity, accuracy, quality, and methods of collecting this information. Comments are due by April 26, 2021, and the proposed collection aims to support environmental offices by requiring regular reporting on project progress and quality assurance.

    Simple Explanation

    The Environmental Protection Agency (EPA) wants to keep collecting information from people who get special grants to help protect the environment. They are asking if anyone thinks this is still needed and if they have any ideas to make the reports easier to fill out.

  • Type:Notice
    Citation:86 FR 4180
    Reading Time:about 2 minutes

    The Internal Revenue Service (IRS) is inviting the public and other federal agencies to comment on information collections related to excise taxes on sporting goods and firearms. This request is part of the IRS's efforts to reduce paperwork and respondent burden, as required by the Paperwork Reduction Act of 1995. They are seeking feedback on the necessity, accuracy, and methods of minimizing the burden of these collections. Comments should be received by March 16, 2021, to be considered.

    Simple Explanation

    The IRS wants to know what people think about the rules that make stores keep track of and pay taxes on certain things like sporting goods and guns. They want to make sure this work isn’t too hard or confusing, and they’re asking for ideas on how to make it easier.

  • Type:Rule
    Citation:90 FR 13273
    Reading Time:about 11 minutes

    The Animal and Plant Health Inspection Service (APHIS) has delayed the effective date of specific amendments to the horse protection regulations from April 2, 2025, to February 1, 2026. The delay allows APHIS and the industry to adapt to changes following a court decision that invalidated certain provisions of the 2024 Horse Protection final rule. The delay also provides time for retraining designated inspectors, called Horse Protection Inspectors (HPIs), and for the industry to adjust to expanded reporting requirements. APHIS is seeking public comments on whether this delay should be extended further.

    Simple Explanation

    The Animal and Plant Health Inspection Service is waiting even longer before making changes to rules about protecting horses. They want more time to help people learn how to follow the new rules, and they are asking everyone if they should wait even longer before starting these changes.

  • Type:Notice
    Citation:86 FR 7906
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has requested an extension from the Office of Management and Budget (OMB) for the continued collection of information under Rule 30b2-1. This rule, part of the Investment Company Act of 1940, requires investment companies to file reports with the SEC that include financial statements shared with investors. The information helps meet legal disclosure requirements and offer investors necessary details for evaluating funds. The SEC is seeking public comments on this information collection within 30 days.

    Simple Explanation

    The SEC wants to keep collecting important money-related reports from investment companies to help people understand how their investments are doing. They are asking people to say what they think about this idea in the next 30 days.

  • Type:Presidential Document
    Citation:89 FR 102665
    Reading Time:about 4 minutes

    The President of the United States has established the China Censorship Monitor and Action Group within the Executive Office to address and monitor attempts by China to censor or intimidate people or companies in the U.S. The group will be led by National Security and Economic Council officials and include representatives from various U.S. governmental departments and agencies. It will meet at least twice a year to form and execute a strategy in line with laws and consult with various stakeholders. Regular reports about their findings and actions will be made to the President and Congress, with some information being publicly shared.

    Simple Explanation

    The President has started a special team to watch what China does online and make sure they don't try to bully or block anything in America. This team will share what they learn with the President and Congress and will work with different parts of the government to come up with a plan to keep everything fair and open.

  • Type:Notice
    Citation:89 FR 107138
    Reading Time:about 13 minutes

    The Federal Energy Regulatory Commission (FERC) is asking the public to provide feedback on its current information collection methods related to power system reliability standards. These standards help transmission and distribution providers maintain electrical stability and respond to power system issues. FERC is also merging several reporting requirements into a single collection to streamline the process. Public comments are welcomed until March 3, 2025, to ensure the efficiency and necessity of these collections.

    Simple Explanation

    FERC is asking people to tell them what they think about the rules they have for keeping the electricity working smoothly. They're trying to make the process easier by combining some of the forms they use.

  • Type:Notice
    Citation:90 FR 16426
    Reading Time:about 2 minutes

    The Internal Revenue Service (IRS) is requesting public comments on certain information collections related to church plan clarifications under section 336 of the PATH Act. The IRS aims to reduce paperwork and the burden on respondents as part of the Paperwork Reduction Act of 1995. Interested parties should submit their comments by June 16, 2025. This request involves reporting requirements linked to the revocation of elections by church-related organizations to be treated as a single employer.

    Simple Explanation

    The IRS wants to hear people's thoughts about some church rules to see if they make work too hard or slow. They want ideas by June 16, 2025, to help decide if these rules need changing, even though only a few people are affected.

  • Type:Notice
    Citation:90 FR 13994
    Reading Time:about 2 minutes

    The Internal Revenue Service (IRS) is seeking public comments on the reporting requirements for widely held fixed investment trusts. This request is part of the IRS's effort to reduce paperwork, as dictated by the Paperwork Reduction Act of 1995. Those involved are encouraged to submit comments by May 27, 2025. The regulations require certain tax information to be shared between trustees, middlemen, and investors, ensuring compliance with tax laws.

    Simple Explanation

    The IRS wants people to tell them what they think about the rules for sharing certain money information. They hope to find better ways to do this with less paperwork!

  • Type:Notice
    Citation:90 FR 9026
    Reading Time:about 2 minutes

    The Board of Governors of the Federal Reserve System has decided to extend, for three years, the requirements for disclosure connected with Regulation H, which concerns consumer protection in sales of insurance. This extension does not introduce any changes to the current requirements. Regulation H, implemented in 2000, mandates that banks provide certain information to consumers about insurance products or annuities in advertisements and credit applications. The extension, published for public comment in 2024, received no comments and will proceed as planned.

    Simple Explanation

    The people in charge of the country's money rules decided to keep the same rules about telling people important things when selling them insurance, and they didn't get any new ideas or changes from people outside, so they're just going to keep doing what they have been doing for the next three years.

  • Type:Notice
    Citation:89 FR 100595
    Reading Time:about 3 minutes

    The Department of the Treasury has issued a notice requiring U.S. residents to participate in a mandatory survey of their ownership of foreign securities as of December 31, 2024. This survey is part of an effort to collect detailed information on the holdings of foreign securities, including stocks and both long-term and short-term debt, by U.S. residents. Entities required to report will be contacted by the Federal Reserve Bank of New York, and the data is due by March 7, 2025. Survey forms and instructions are available online, and inquiries can be made via email or phone to designated contacts.

    Simple Explanation

    The U.S. government is asking people who live in the U.S. and own money-related things from other countries, like foreign stocks and bonds, to fill out a special form by March 7th, 2025, so they can keep track of who owns what. They promised to send everything they need to fill out the form, but if you didn’t hear from them, you don’t have to worry about it.

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