Federal Register / Vol. 83, No. 245 / Friday, December 21, 2018 / Notices 65803 

1On March 1, 2018, OFAC created a new list, 

titled the List of Foreign Financial Institutions 

Subject to Correspondent Account or PayableThrough Account Sanctions (the ‘‘CAPTA List’’). 

The CAPTA List will include foreign financial 

institutions subject to correspondent or payablethrough account sanctions pursuant to sanctions 

authorities including the Ukraine Freedom Support 

Act of 2014, as amended by the Countering 

America’s Adversaries Through Sanctions Act, and 

the North Korea Sanctions Regulations, 31 CFR part 

510, as well as the specific strict conditions or 

prohibitions to which the foreign financial 

institutions are subject. It eventually will be 

expanded to include foreign financial institutions 

subject to correspondent or payable-through 

account sanctions pursuant to additional 

authorities, including the Iranian Financial 

Sanctions Regulations, 31 CFR part 561, which are 

currently identified on OFAC’s Part 561 List. At 

that time, by separate action, OFAC will move the 

name of the foreign financial institution on the Part 

561 List, along with the relevant prohibition or 

strict condition(s) to which the foreign financial 

institution is subject, to the CAPTA List. This will 

not impact the relevant reporting requirement. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other federal agencies to comment on 

proposed and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995. 

Currently, the Office of Foreign Assets 

Control (OFAC) within the Department 

of the Treasury is soliciting comments 

concerning OFAC’s Iranian Financial 

Sanctions Regulations Report on 

Closure by U.S. Financial Institutions of 

Correspondent Accounts and PayableThrough Accounts. 

DATES: Written comments must be 

submitted on or before February 19, 

2019 to be assured of consideration. 

ADDRESSES: You may submit comments 

by any of the following methods: 

Federal eRulemaking Portal: 

www.regulations.gov. Follow the 

instructions on the website for 

submitting comments. 

Fax: Attn: Request for Comments 

(Iranian Financial Sanctions Regulations 

Report on Closure by U.S. Financial 

Institutions of Correspondent Accounts 

and Payable-Through Accounts) 202– 

622–1759. 

Mail: Attn: Request for Comments 

(Iranian Financial Sanctions Regulations 

Report on Closure by U.S. Financial 

Institutions of Correspondent Accounts 

and Payable-Through Accounts), Office 

of Foreign Assets Control, Department 

of the Treasury, 1500 Pennsylvania 

Avenue NW, Washington, DC 20220. 

Instructions: All submissions received 

must include the agency name and the 

Federal Register Doc. number that 

appears at the end of this document. 

Comments received will be made 

available to the public via 

regulations.gov or upon request, without 

change and including any personal 

information provided. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Assistant Director for Licensing, 

tel.: 202–622–2480; Assistant Director 

for Regulatory Affairs, tel.: 202–622– 

4855; Assistant Director for Sanctions 

Compliance & Evaluation, tel.: 202–622– 

2490; or the Department of the 

Treasury’s Office of the Chief Counsel 

(Foreign Assets Control), Office of the 

General Counsel, tel.: 202–622–2410. 

SUPPLEMENTARY INFORMATION: 

Title: Iranian Financial Sanctions 

Regulations Report on Closure by U.S. 

Financial Institutions of Correspondent 

Accounts and Payable-Through 

Accounts. 

OMB Number: 1505–0243. 

Abstract: Section 561.504(b) of the 

Iranian Financial Sanctions Regulations, 

31 CFR part 561 (the IFSR), specifies 

that a U.S. financial institution that 

maintained a correspondent account or 

payable-through account for a foreign 

financial institution whose name is 

added to the Part 561 List 1 on OFAC’s 

website (www.treasury.gov/ofac) as 

subject to a prohibition on the 

maintaining of such accounts must file 

a report with OFAC that provides full 

details on the closing of each such 

account within 30 days of the closure of 

the account. This collection of 

information assists in verifying that U.S. 

financial institutions are complying 

with prohibitions on maintaining 

correspondent accounts or payablethrough accounts for foreign financial 

institutions listed on the Part 561 List. 

The reports will be reviewed by the U.S. 

Department of the Treasury and may be 

used for compliance and enforcement 

purposes by the agency. 

Current Actions: There are no changes 

being made to the notice at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: U.S. financial 

institutions operating correspondent 

accounts or payable-through accounts 

for foreign financial institutions. 

Estimated Number of Respondents: 

The likely respondents and recordkeepers affected by this collection of 

information in section 561.504(b) are 

U.S. financial institutions operating 

correspondent accounts or payable 

through accounts for foreign financial 

institutions. Since the date this 

reporting requirement was added to the 

IFSR (February 27, 2012) through June 

18, 2015, OFAC added the names of two 

foreign financial institutions to the Part 

561 List, of which one remains. No 

foreign financial institution was added 

to the Part 561 List during the current 

reporting period (through December 15, 

2018), and the number of respondents to 

this collection has been zero. For future 

notices, OFAC will continue to report 

retrospectively on the number of 

respondents during the reporting 

period. 

Estimated Time per Respondent: 2 

hours per response. 

Estimated Total Annual Burden 

Hours: While no responses are expected, 

an estimate of 1 response (2 hours) is 

being included to account for the 

possibility that someone could have to 

provide a notification in the future. 

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 has practical utility; (b) the 

accuracy of the agency’s estimate of the 

burden of the collection of information, 

including the validity of the 

methodology and assumptions used; (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: December 17, 2018. 

Andrea Gacki, 

Director, Office of Foreign Assets Control. 

[FR Doc. 2018–27623 Filed 12–20–18; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Comment Request 

for Form 8038–T 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Internal Revenue Service, 

as part of its continuing effort to reduce 

paperwork and respondent burden, 

invites the public and other Federal 

agencies to take this opportunity to 


amozie on DSK3GDR082PROD with NOTICES1
65804 Federal Register / Vol. 83, No. 245 / Friday, December 21, 2018 / Notices 

comment on proposed and/or 

continuing information collections, as 

required by the Paperwork Reduction 

Act of 1995. Currently, the IRS is 

soliciting comments concerning Form 

8038–T, Arbitrage Rebate, Yield 

Reduction and Penalty in Lieu of 

Arbitrage Rebate. 

DATES: Written comments should be 

received on or before February 19, 2019 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Laurie Brimmer, Internal Revenue 

Service, Room 6236, 1111 Constitution 

Avenue NW, Washington, DC 20224. 

Requests for additional information or 

copies of the regulations should be 

directed to R. Joseph Durbala, at Internal 

Revenue Service, Room 6129, 1111 

Constitution Avenue NW, Washington, 

DC 20224, or through the internet, at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION:

Title: Arbitrage Rebate, Yield 

Reduction and Penalty in Lieu of 

Arbitrage Rebate. 

OMB Number: 1545–1219. 

Revenue Procedure Number: 8038–T. 

Abstract: Form 8038–T is used by 

issuers of tax exempt bonds to report 

and pay the arbitrage rebate and to elect 

and/or pay various penalties associated 

with arbitrage bonds. The issuers 

include state and local governments. 

Current Actions: There is currently, 

no change to the form. We are updating 

the records to include the recordkeeping 

burden associated with regulation 

section 1.148–5(d)(6)(iii), previously 

approved under OMB number 1545– 

1490 and 1545–1098. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: State, local or tribal 

governments. 

Estimated Number of Respondents: 

3,900. 

Estimated Time per Respondent: 24 

hrs., 11 min. 

Estimated Total Annual Burden 

Hours: 59,325. 

The following paragraph applies to all 

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 if 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. 

Desired Focus of Comments: The 

Internal Revenue Service (IRS) is 

particularly interested in comments 

that: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including using 

appropriate automated, electronic, 

mechanical, or other technological 

collection techniques or other forms of 

information technology, e.g., by 

permitting electronic submissions of 

responses. 

Comments submitted in response to 

this notice will be summarized and/or 

included in the ICR for OMB approval 

of the extension of the information 

collection; they will also become a 

matter of public record. 

Approved: December 13, 2018. 

R. Joseph Durbala, 

IRS Tax Analyst. 

[FR Doc. 2018–27596 Filed 12–20–18; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Comment Request 

for Form 14145 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Internal Revenue Service, 

as part of its continuing effort to reduce 

paperwork and respondent burden, 

invites the 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 Form 

14145, IRS Applicant Contact Card. 

DATES: Written comments should be 

received on or before February 19, 2019 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Laurie Brimmer, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue NW, Washington, DC 20224. 

Requests for additional information or 

copies of the regulations should be 

directed to R. Joseph Durbala, at Internal 

Revenue Service, Room 6129, 1111 

Constitution Avenue NW, Washington, 

DC 20224, or through the internet, at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION:

Title: IRS Applicant Contact Card. 

OMB Number: 1545–2240. 

Form Number: 14145. 

Abstract: The Internal Revenue 

Service contact card is used to collect 

contact information from individuals 

who may be interested in working for 

the IRS now, or at any time in the future 

(potential applicants) Form 14145 

requests information to enter into a 

database to allow the IRS to send 

information about jobs to potential 

applicants. Cards are then destroyed 

after input into the database. The 

potential applicant is only contacted 

about jobs which correspond to the job 

categories selected by the IRS Recruiter 

on Form 14145. 

Current Actions: There is no change 

in the form previously approved by 

OMB. However, the total burden 

previously approved, needs to be 

lowered by 64,721 hours, to correct an 

error in the previous submission. The 

correct burden estimates should be; 

16,045 estimated responses and a total 

estimated annual burden of 1,364 hours. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Individuals and 

households. 

Estimated Number of Respondents: 

16,045. 

Estimated Time per Respondent: 5 

min. 

Estimated Total Annual Burden 

Hours: 1,364. 

The following paragraph applies to all 

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 if 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. 

Desired Focus of Comments: The 

Internal Revenue Service (IRS) is 

particularly interested in comments 

that: 

• Evaluate whether the proposed 

collection of information is necessary 


amozie on DSK3GDR082PROD with NOTICES1