Federal Register / Vol. 86, No. 12 / Thursday, January 21, 2021 / Notices 6417 

use to be exempt from tax under section 

4082(a), it must be indelibly dyed by 

use of a mechanical dye injection 

system that satisfies the requirements in 

the regulations. These regulations affect 

certain enterers, refiners, terminal 

operators, and throughputters. 

Current Actions: There is no changes 

in the paperwork burden previously 

approved by OMB. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

200. 

Estimated Time per Response: 7 hrs. 

Estimated Total Burden Hours: 1,400. 

The following paragraph applies to all 

of 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 as long 

as 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. 

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 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 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: January 13, 2021. 

Sara L. Covington, 

IRS Tax Analyst. 

[FR Doc. 2021–01168 Filed 1–19–21; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 1099–A 

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 general public and other 

Federal agencies to take this 

opportunity to comment on proposed 

and information collections, as required 

by the Paperwork Reduction Act of 

1995. The IRS is soliciting comments 

concerning Form 1099–A, Acquisition 

or Abandonment of Secured Property. 

DATES: Written comments should be 

received on or before March 22, 2021 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Kinna Brewington, Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224. 

Requests for additional information or 

copies of the forms and instructions 

should be directed to Sara Covington, at 

(737) 800–6149, Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

through the internet at 

Sara.L.Covington@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Acquisition or Abandonment of 

Secured Property. 

OMB Number: 1545–0877. 

Form Number: 1099–A. 

Abstract: Form 1099–A is used by 

persons who lend money in connection 

with a trade or business, and who 

acquire an interest in the property that 

is security for the loan or who have 

reason to know that the property has 

been abandoned, to report the 

acquisition or abandonment. 

Current Actions: There are no changes 

being made to the form approved under 

this collection. However, changes to the 

estimated number of filers (563,000 to 

466,000), will result in a total burden 

decrease of 15520 (90080 minus 74560). 

Type of Review: Revision of a current 

OMB approval. 

Affected Public: Businesses or other 

for-profit organizations. 

Estimated Number of Responses: 

466,000. 

Estimated Time per Response: 9 min. 

Estimated Total Annual Burden 

Hours: 74,560. 

The following paragraph applies to all 

of 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 as long 

as 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. 

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 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 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: January 13, 2021. 

Sara L. Covington, 

IRS Tax Analyst. 

[FR Doc. 2021–01169 Filed 1–19–21; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF THE TREASURY 

Multiemployer Pension Plan 

Application To Reduce Benefits 

AGENCY: Department of the Treasury. 

ACTION: Notice of availability; Request 

for comments. 

SUMMARY: The Board of Trustees of the 

American Federation of Musicians & 

Employers Pension Fund, a 

multiemployer pension plan, has 

submitted an application to reduce 

benefits under the plan in accordance 

with the Multiemployer Pension Reform 

Act of 2014 (MPRA). The purpose of 

this notice is to announce that the 

application submitted by the Board of 

Trustees of the American Federation of 

Musicians & Employers Pension Fund 

has been published on the website of 

the Department of the Treasury 

(Treasury), and to request public 

comments on the application from 


jbell on DSKJLSW7X2PROD with NOTICES
6418 Federal Register / Vol. 86, No. 12 / Thursday, January 21, 2021 / Notices 

interested parties, including 

participants and beneficiaries, employee 

organizations, and contributing 

employers of the American Federation 

of Musicians & Employers Pension 

Fund. 

DATES: Comments must be received by 

March 8, 2021. 

ADDRESSES: You may submit comments 

electronically through the Federal 

eRulemaking Portal at http://

www.regulations.gov, in accordance 

with the instructions on that site. 

Commenters are strongly encouraged to 

submit public comments electronically. 

Treasury expects to have limited 

personnel available to process public 

comments that are submitted on paper 

through mail. Until further notice, any 

comments submitted on paper will be 

considered to the extent practicable. 

Comments may be mailed to the 

Department of the Treasury, MPRA 

Office, 1500 Pennsylvania Avenue NW, 

Room 1224, Washington, DC 20220, 

Attn: Danielle Norris. Comments sent 

via facsimile, telephone, or email will 

not be accepted. 

Additional Instructions. All 

comments received, including 

attachments and other supporting 

materials, will be made available to the 

public. Do not include any personally 

identifiable information (such as your 

Social Security number, name, address, 

or other contact information) or any 

other information in your comment or 

supporting materials that you do not 

want publicly disclosed. Treasury will 

make comments available for public 

inspection and copying on 

www.regulations.gov or upon request. 

Comments posted on the internet can be 

retrieved by most internet search 

engines. 

FOR FURTHER INFORMATION CONTACT: For 

information regarding the application 

from the American Federation of 

Musicians & Employers Pension Fund, 

please contact Treasury at (202) 622– 

1534 (not a toll-free number). 

SUPPLEMENTARY INFORMATION: MPRA 

amended the Internal Revenue Code to 

permit a multiemployer plan that is 

projected to have insufficient funds to 

reduce pension benefits payable to 

participants and beneficiaries if certain 

conditions are satisfied. In order to 

reduce benefits, the plan sponsor is 

required to submit an application to the 

Secretary of the Treasury, which must 

be approved or denied in consultation 

with the Pension Benefit Guaranty 

Corporation (PBGC) and the Department 

of Labor. 

On December 30, 2020, the American 

Federation of Musicians & Employers 

Pension Fund’s Board of Trustees 

submitted an application for approval to 

reduce benefits under the plan. As 

required by MPRA, that application has 

been published on Treasury’s website at 

https://home.treasury.gov/services/themultiemployer-pension-reform-act-of2014/applications-for-benefitsuspension. Treasury is publishing this 

notice in the Federal Register, in 

consultation with PBGC and the 

Department of Labor, to solicit public 

comments on all aspects of the 

American Federation of Musicians & 

Employers Pension Fund’s application. 

Comments are requested from 

interested parties, including 

participants and beneficiaries, employee 

organizations, and contributing 

employers of the American Federation 

of Musicians & Employers Pension 

Fund. Consideration will be given to 

any comments that are timely received 

by Treasury. 

David Kautter, 

Assistant Secretary for Tax Policy. 

[FR Doc. 2021–01121 Filed 1–19–21; 8:45 am] 

BILLING CODE 4810–25–P 


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