Federal Register / Vol. 85, No. 249 / Tuesday, December 29, 2020 / Notices 85855 

shows the annual estimated burden 

hours for computer maintenance by 

vehicle/equipment category and the 

estimated labor costs associated with 

those burden hours. 

TABLE 9—ESTIMATED MANUFACTURER ANNUAL BURDEN HOURS FOR COMPUTER MAINTENANCE FOR REPORTING

Vehicle/equipment category 

Average 

number of 

manufacturers 

Hours for 

computer 

maintenance 

per 

manufacturer 

Average 

hourly 

labor cost 

Annual 

burden 

hours for 

computer 

maintenance 

Total labor costs 

Light Vehicles ........................ 36 347 $44.72 12,492 ................................... $558,642.24. 

Medium-Heavy Vehicles ........ 39 86.5 44.72 3,373.5 .................................. 150,862.92. 

Trailers ................................... 96 86.5 44.72 8,304 ..................................... 371,352.88. 

Motorcycles ........................... 15 86.5 44.72 1,297.5 .................................. 58,024.20. 

Emergency Vehicles .............. 8 86.5 44.72 692 ........................................ 30,946.24. 

Buses ..................................... 33 86.5 44.72 2,854.5 .................................. 127,653.24. 

Tires ....................................... 32 86.5 44.72 2,768 ..................................... 123,784.96. 

Child Restraints ..................... 42 86.5 44.72 3,633 ..................................... 162,467.76. 

Totals .............................. ........................ ........................ ........................ 35,414.5 or 35,415 hours ..... 1,583,736.44 or 1,583,736. 

Based on the foregoing, we estimate 

the burden hours for industry to comply 

with the current Part 579 reporting 

requirements (EWR requirements, 

foreign campaign requirements and Part 

579.5 requirements) to be 53,810 hours 

per year. The total annual burden hours 

for this information collection 

consisting of manufacturer 

communications under Section 579.5 

(Subpart A), foreign reporting (Subpart 

B), EWR submissions and reporting 

(Subpart C), and computer maintenance 

is outlined in Table 9 below. 

TABLE 9—TOTAL MANUFACTURER BURDEN HOURS FOR THIS COLLECTION

Reporting type Annual burden 

hours 

Subpart A: Manufacturer Communications .........................................................................................................................................

§ 579.5 (Table 1) .................................................................................................................................................................................. 2,074 

Subpart B: Foreign Reporting (Table 2) .............................................................................................................................................. 1,590 

Subpart C: EWR Submissions and Quarterly Reporting (Tables 4 & 6) ............................................................................................ 14,731 

Computer Maintenance ....................................................................................................................................................................... 35,415 

Total .............................................................................................................................................................................................. 53,810 

The burden estimates represent an 

overall increase in burden hours of 

4,567 hours. The increase in burden 

hours is due to increases in the number 

of submissions and modifying this 

request to include reporting for common 

green tires and additional information 

requested by NHTSA per Section 

579.28(l) that were left out of the 

previous information collection request. 

The wage estimates have been adjusted 

to reflect the latest available rates from 

the Bureau of Labor Statistics. 

Estimated Total Annual Cost: NHTSA 

estimates the collection requires no 

additional costs to the respondents 

beyond the labor costs associated with 

the burden hours to collect and submit 

the reports to NHTSA and the labor 

hours and associated labor costs for 

computer maintenance. 

Public Comments Invited: You are 

asked to comment on any aspects of this 

information collection, including (a) 

whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

Department, including whether the 

information will have practical utility; 

(b) the accuracy of the Department’s 

estimate of the burden of the proposed 

information collection; (c) ways to 

enhance the quality, utility and clarity 

of the information to be collected; and 

(d) ways to minimize the burden of the 

collection of information on 

respondents, including the use of 

automated collection techniques or 

other forms of information technology. 

Authority: The Paperwork Reduction Act 

of 1995; 44 U.S.C. Chapter 35, as amended; 

49 CFR 1.49; and DOT Order 1351.29. 

Jeffrey Mark Giuseppe, 

Associate Administrator for Enforcement. 

[FR Doc. 2020–28766 Filed 12–28–20; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund; Notice and Request 

for Public Comment 

SUMMARY: The U.S. 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 take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995 

(PRA). Currently, the Community 

Development Financial Institutions 

Fund (CDFI Fund), U.S. Department of 

the Treasury, is soliciting comments 

concerning the New Markets Tax Credit 

Program (NMTC Program) Allocation 

Application, for the fiscal year (FY) 

2021–FY 2024 funding rounds 

(hereafter, the Application or 

Applications). The CDFI Fund is 

required by law to make the Application 

publicly available for comment prior to 

submission for a new PRA number. 


KHAMMOND on DSKJM1Z7X2PROD with NOTICES
85856 Federal Register / Vol. 85, No. 249 / Tuesday, December 29, 2020 / Notices 

DATES: Written comments must be 

received on or before March 1, 2021 to 

be assured of consideration. 

ADDRESSES: Direct all comments to 

Christopher Allison, NMTC Program 

Manager, CDFI Fund, at nmtc@

cdfi.treas.gov. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be directed to Christopher 

Allison, NMTC Program Manager, CDFI 

Fund, U.S. Department of the Treasury, 

1500 Pennsylvania Avenue NW, 

Washington, DC 20220, (202) 653–0421 

(not a toll-free number), or by email to 

nmtc@cdfi.treas.gov. Other information 

regarding the CDFI Fund and its 

programs may be obtained on the CDFI 

Fund website at https://

www.cdfifund.gov. The NMTC 

Allocation Application Template is 

provided online to aid the public in 

providing comments requested by this 

Notice, and presents the questions that 

will comprise the online Application, 

including substantive revisions relative 

to the existing Application. These 

proposed substantive revisions relative 

to the existing Application are 

highlighted in yellow in the NMTC 

Allocation Application Template. This 

document may be obtained from the 

NMTC page of the CDFI Fund’s website 

at https://www.cdfifund.gov/nmtc. 

SUPPLEMENTARY INFORMATION: 

Title: NMTC Program Allocation 

Application. 

OMB Number: 1559–0016. 

Abstract: Title I, subtitle C, section 

121 of the Community Renewal Tax 

Relief Act of 2000 (the Act) amended 

the Internal Revenue Code (IRC) by 

adding IRC § 45D and created the NMTC 

Program. The Department of the 

Treasury, through the CDFI Fund, 

Internal Revenue Service, and Office of 

Tax Policy, administers the NMTC 

Program. In order to claim the NMTC, 

taxpayers make Qualified Equity 

Investments (QEIs) in Community 

Development Entities (CDEs) and 

substantially all of the QEI proceeds 

must, in turn, be used by the CDE to 

provide investments in businesses and 

real estate developments in low-income 

communities and other purposes 

authorized under the statute. 

The tax credit provided to the 

investor totals 39 percent of the amount 

of the investment and is claimed over a 

seven-year period. In each of the first 

three years, the investor receives a 

credit equal to five percent of the total 

amount paid for the stock or capital 

interest at the time of purchase. For the 

final four years, the value of the credit 

is six percent annually. Investors may 

not redeem their investments in CDEs 

prior to the conclusion of the seven-year 

period without forfeiting any credit 

amounts they have received. 

The CDFI Fund is responsible for 

certifying organizations as CDEs, and 

administering the competitive allocation 

of tax credit authority to CDEs, which it 

does through annual allocation rounds. 

As part of the award selection process, 

CDEs will be required to prepare and 

submit an Application, which consists 

of five sections: Business Strategy; 

Community Outcomes; Organization 

Capacity; Capitalization Strategy; and 

Previous Allocations and Awards. 

Capitalized terms not defined in this 

Notice (other than titles) have the 

meaning set forth in the NMTC 

Allocation Application, Internal 

Revenue Code (IRC) § 45D or the IRS 

NMTC regulations. 

Current Actions: Extension with 

significant changes from currently 

approved collection. 

Type of Review: Regular. 

Affected Public: CDEs applying for 

NMTC Allocations. 

Estimated Number of Respondents: 

222. 

Estimated Annual Time per 

Respondent: 300. 

Estimated Total Annual Burden 

Hours: 66,600 hours. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for Office of Management and 

Budget approval. All comments will 

become a matter of public record and 

may be published on the Fund website 

at http://www.cdfifund.gov. 

Comments concerning the 

Application 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 shall have 

practical utility; (b) the accuracy of the 

agency’s estimate of the burden of the 

collection of information; (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 technology; and (e) estimates of 

capital or start-up costs and costs of 

operation, maintenance, and purchase 

of services required to provide 

information. 

Authority 

26 U.S.C. 45D; 26 CFR 1.45D–1. 

Jodie L. Harris, 

Director, Community Development Financial 

Institutions Fund. 

[FR Doc. 2020–28649 Filed 12–28–20; 8:45 am] 

BILLING CODE 4810–70–P 

DEPARTMENT OF THE TREASURY 

Financial Crimes Enforcement 

Network; Bank Secrecy Act Advisory 

Group; Solicitation of Application for 

Membership 

AGENCY: Financial Crimes Enforcement 

Network (‘‘FinCEN’’), Treasury. 

ACTION: Notice and request for 

nominations. 

SUMMARY: FinCEN is inviting the public 

to nominate financial institutions, trade 

groups, and non-federal regulators or 

law enforcement agencies for 

membership on the Bank Secrecy Act 

Advisory Group. New members will be 

selected for three-year membership 

terms. 

DATES: Nominations must be received 

by January 28, 2021. 

ADDRESSES: Nominations must be 

emailed to BSAAG@fincen.gov. 

FOR FURTHER INFORMATION CONTACT: 

FinCEN Resource Center at 800–767– 

2825. 

SUPPLEMENTARY INFORMATION: Section 

1654 of the Annunzio-Wylie AntiMoney Laundering Act of 1992 required 

the Secretary of the Treasury to 

establish a Bank Secrecy Act Advisory 

Group (BSAAG) consisting of 

representatives from federal agencies, 

and other interested persons and 

financial institutions subject to the 

regulatory requirements of the Bank 

Secrecy Act, found at 31 CFR 1010– 

1060. The BSAAG is the means by 

which the Treasury receives advice on 

the reporting requirements of the Bank 

Secrecy Act, and informs private sector 

representatives on how the information 

they provide is used. As chair of the 

BSAAG, the Director of FinCEN is 

responsible for ensuring that relevant 

issues are placed before the BSAAG for 

review, analysis, and discussion. 

BSAAG membership is open to 

financial institutions, trade groups, and 

federal and non-federal regulators and 

law enforcement agencies that are 

located within the United States. Each 

member selected will serve a three-year 

term and must designate one individual 

to represent that member at plenary 

meetings. While BSAAG membership is 

granted to organizations, not to 

individuals, the designated 

representative for each selected 

organization should be knowledgeable 

about Bank Secrecy Act requirements 

and be willing and able to devote the 

necessary time and effort on behalf of 

the representative’s organization. 

Members are expected to actively share 

anecdotal perspectives, and quantifiable 

insights on BSA requirements, and 


KHAMMOND on DSKJM1Z7X2PROD with NOTICES