Federal Register / Vol. 84, No. 208 / Monday, October 28, 2019 / Notices 57809 

DEPARTMENT OF THE TREASURY 

Fiscal Service 

Prompt Payment Interest Rate; 

Contract Disputes Act 

AGENCY: Bureau of the Fiscal Service, 

Treasury. 

ACTION: Notice of prompt payment 

interest rate; Contract Disputes Act. 

SUMMARY: For the period beginning July 

1, 2019, and ending on December 31, 

2019, the prompt payment interest rate 

is 25⁄8 per centum per annum. 

DATES: This rate becomes effective July 

1, 2019, to December 31, 2019. 

ADDRESSES: Comments or inquiries may 

be mailed to: E-Commerce Division, 

Bureau of the Fiscal Service, 401 14th 

Street SW, Room 306F, Washington, DC 

20227. Comments or inquiries may also 

be emailed to PromptPayment@

fiscal.treasury.gov. 

FOR FURTHER INFORMATION CONTACT: 

Thomas M. Burnum, E-Commerce 

Division, (202) 874–6430; or Thomas 

Kearns, Attorney-Advisor, Office of the 

Chief Counsel, (202) 874–7036. 

SUPPLEMENTARY INFORMATION: An agency 

that has acquired property or service 

from a business concern and has failed 

to pay for the complete delivery of 

property or service by the required 

payment date shall pay the business 

concern an interest penalty. 31 U.S.C. 

3902(a). The Contract Disputes Act of 

1978, Sec. 12, Public Law 95–563, 92 

Stat. 2389, and the Prompt Payment Act, 

31 U.S.C. 3902(a), provide for the 

calculation of interest due on claims at 

the rate established by the Secretary of 

the Treasury. 

The Secretary of the Treasury has the 

authority to specify the rate by which 

the interest shall be computed for 

interest payments under section 12 of 

the Contract Disputes Act of 1978 and 

under the Prompt Payment Act. Under 

the Prompt Payment Act, if an interest 

penalty is owed to a business concern, 

the penalty shall be paid regardless of 

whether the business concern requested 

payment of such penalty. 31 U.S.C. 

3902(c)(1). Agencies must pay the 

interest penalty calculated with the 

interest rate, which is in effect at the 

time the agency accrues the obligation 

to pay a late payment interest penalty. 

31 U.S.C. 3902(a). ‘‘The interest penalty 

shall be paid for the period beginning 

on the day after the required payment 

date and ending on the date on which 

payment is made.’’ 31 U.S.C. 3902(b). 

Therefore, notice is given that the 

Secretary of the Treasury has 

determined that the rate of interest 

applicable for the period beginning July 

1, 2019, and ending on December 31, 

2019, is 25⁄8 per centum per annum. 

David A. Lebryk, 

Fiscal Assistant Secretary. 

[FR Doc. 2019–23483 Filed 10–25–19; 8:45 am] 

BILLING CODE 4810–AS–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Internal Revenue Service Advisory 

Council; Meeting 

AGENCY: Internal Revenue Service, 

Department of the Treasury. 

ACTION: Notice of meeting. 

SUMMARY: The Internal Revenue Service 

Advisory Council (IRSAC) will hold a 

public meeting on Wednesday, 

November 20, 2019. 

FOR FURTHER INFORMATION CONTACT: Mrs. 

Anna Brown, Office of National Public 

Liaison, at 202–317–6851 or send an 

email to PublicLiaison@irs.gov. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given pursuant to section 

10(a)(2) of the Federal Advisory 

Committee Act, 5 U.S.C. App. (1988), 

that a public meeting of the IRSAC will 

be held on Wednesday, November 20, 

2019, from 9:00 a.m. to 1:00 p.m. at the 

Internal Revenue Service, 1111 

Constitution Ave. NW, 7th Floor 

Auditorium, Washington, DC 20224. 

Issues to be discussed include, but are 

not limited to: Accelerating the use of 

e-Signatures in Federal Tax 

Administration; Establishing Safe 

Harbors by Relying on Certain 

Conclusions of Independent Parties; 

Broadening and Improving a SelfCorrection Program for Tax-Exempt 

Bonds; Improving Customer Experience 

and Service Delivery; Form W–4 2020 

Version; Improving the Marketing, 

Promotion and Participation of VITA/ 

TCE Programs and Other Services; The 

Effectiveness of Guidance and Outreach 

for 199A, Qualified Business Income; 

The Sharing Economy and Impact on 

the Tax Gap; The Need for Guidance for 

‘‘On-Demand Payroll’’; and Improving 

the Accuracy of Form 990 Filings. Lastminute agenda changes may preclude 

advanced notice. Due to building 

security requirements, confirm your 

attendance by November 14 to Tina 

Briscoe at 202–317–6535. Attendees are 

encouraged to arrive at least 30 minutes 

before the meeting begins. Should you 

wish the IRSAC to consider a written 

statement, please write to Internal 

Revenue Service, Attn: Anna Brown, 

Office of National Public Liaison, CL: 

NPL, Room 7559, 1111 Constitution 

Avenue NW, Washington, DC 20224 or 

send an email to PublicLiaison@irs.gov. 

Dated: October 17, 2019. 

John Lipold, 

Branch Chief, IRS Office of National Public 

Liaison, IRSAC Designated Federal Official. 

[FR Doc. 2019–23409 Filed 10–25–19; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Proposed Collection; 

Comment Request; Annual 

Performance Report and Certification 

for Section 1603: Payments for 

Specified Renewable Energy Property 

in Lieu of Tax Credits 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

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 

the proposed information collection 

listed below, in accordance with the 

Paperwork Reduction Act of 1995. 

DATES: Written comments must be 

received on or before December 27, 

2019. 

ADDRESSES: Send comments regarding 

the burden estimate, or any other aspect 

of the information collection, including 

suggestions for reducing the burden, to 

Treasury PRA Clearance Officer, 1750 

Pennsylvania Ave. NW, Suite 8100, 

Washington, DC 20220, or email at 

PRA@treasury.gov. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Sustanchia Gladden by 

emailing Sustanchia.Gladden@

treasury.gov, calling (202) 622–8951, or 

viewing the entire information 

collection request at www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Annual Performance Report and 

Certification for Section 1603: Payments 

for Specified Renewable Energy 

Property in Lieu of Tax Credits. 

OMB Control Number: 1505–0221. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: Authorized under the 

American Recovery and Reinvestment 

Act (ARRA), of 2009 (Pub. L. 111–5), the 

Department of the Treasury is 

implementing several provisions of the 

Act, more specifically Division B-Tax, 

Unemployment, Health, State Fiscal 

Relief, and Other Provisions. Among 

these components is a program which 


khammond on DSKJM1Z7X2PROD with NOTICES