20296 Federal Register / Vol. 80, No. 72 / Wednesday, April 15, 2015 / Notices 

DATES: The 2015 inflation adjustment 

factor and reference prices apply to 

calendar year 2015 sales of kilowatt 

hours of electricity produced in the 

United States or a possession thereof 

from qualified energy resources and to 

2015 sales of refined coal produced in 

the United States or a possession 

thereof. 

Inflation Adjustment Factor: The 

inflation adjustment factor for calendar 

year 2015 for qualified energy resources 

and refined coal is 1.5336. 

Reference Prices: The reference price 

for calendar year 2015 for facilities 

producing electricity from wind is 4.50 

cents per kilowatt hour. The reference 

prices for fuel used as feedstock within 

the meaning of section 45(c)(7)(A) 

(relating to refined coal production) are 

$31.90 per ton for calendar year 2002 

and $57.64 per ton for calendar year 

2015. The reference prices for facilities 

producing electricity from closed-loop 

biomass, open-loop biomass, geothermal 

energy, solar energy, small irrigation 

power, municipal solid waste, qualified 

hydropower production, and marine 

and hydrokinetic renewable energy have 

not been determined for calendar year 

2015. 

Phaseout Calculation: Because the 

2015 reference price for electricity 

produced from wind (4.50 cents per 

kilowatt hour) does not exceed 8 cents 

multiplied by the inflation adjustment 

factor (1.5336), the phaseout of the 

credit provided in section 45(b)(1) does 

not apply to such electricity sold during 

calendar year 2015. Because the 2015 

reference price of fuel used as feedstock 

for refined coal ($57.64) does not exceed 

$83.17 (which is the $31.90 reference 

price of such fuel in 2002 multiplied by 

the inflation adjustment factor (1.5336) 

and 1.7), the phaseout of the credit 

provided in section 45(e)(8)(B) does not 

apply to refined coal sold during 

calendar year 2015. Further, for 

electricity produced from closed-loop 

biomass, open-loop biomass, geothermal 

energy, solar energy, small irrigation 

power, municipal solid waste, qualified 

hydropower production, and marine 

and hydrokinetic renewable energy, the 

phaseout of the credit provided in 

section 45(b)(1) does not apply to such 

electricity sold during calendar year 

2015. 

Credit Amount by Qualified Energy 

Resource and Facility and Refined Coal: 

As required by section 45(b)(2), the 1.5 

cent amount in section 45(a)(1), the 8 

cent amount in section 45(b)(1), and the 

$4.375 amount in section 45(e)(8)(A) are 

each adjusted by multiplying such 

amount by the inflation adjustment 

factor for the calendar year in which the 

sale occurs. If any amount as increased 

under the preceding sentence is not a 

multiple of 0.1 cent, such amount is 

rounded to the nearest multiple of 0.1 

cent. In the case of electricity produced 

in open-loop biomass facilities, small 

irrigation power facilities, landfill gas 

facilities, trash facilities, qualified 

hydropower facilities, and marine and 

hydrokinetic renewable energy 

facilities, section 45(b)(4)(A) requires 

the amount in effect under section 

45(a)(1) (before rounding to the nearest 

0.1 cent) to be reduced by one-half. 

Under the calculation required by 

section 45(b)(2), the credit for renewable 

electricity production for calendar year 

2015 under section 45(a) is 2.3 cents per 

kilowatt hour on the sale of electricity 

produced from the qualified energy 

resources of wind, closed-loop biomass, 

geothermal energy, and solar energy, 

and 1.2 cents per kilowatt hour on the 

sale of electricity produced in open-loop 

biomass facilities, small irrigation 

power facilities, landfill gas facilities, 

trash facilities, qualified hydropower 

facilities, and marine and hydrokinetic 

renewable energy facilities. Under the 

calculation required by section 45(b)(2), 

the credit for refined coal production for 

calendar year 2015 under section 

45(e)(8)(A) is $6.710 per ton on the sale 

of qualified refined coal. 

FOR FURTHER INFORMATION CONTACT: 

Jennifer A. Records, CC:PSI:6, Internal 

Revenue Service, 1111 Constitution 

Avenue NW., Washington, DC 20224, 

(202) 317–6853 (not a toll-free number). 

Christopher T. Kelley, 

Special Counsel to the Associate Chief 

Counsel (Passthroughs and Special 

Industries). 

[FR Doc. 2015–08650 Filed 4–14–15; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Regulation Project 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

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 take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). The IRS is soliciting 

comments concerning information 

collection requirements related to real 

estate mortgage conduits; reporting 

requirements and other administrative 

matters; and allocation of allocable 

investment expense; original issue 

discount reporting requirements. 

DATES: Written comments should be 

received on or before June 15, 2015 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Christie Preston, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this regulation should be 

directed to LaNita Van Dyke, at Internal 

Revenue Service, Room 6517, 1111 

Constitution Avenue NW., Washington, 

DC 20224, or through the Internet, at 

Lanita.VanDyke@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: T.D. 8366, Real Estate Mortgage 

Investment Conduits; Reporting 

Requirements and Other Administrative 

Matters. T.D. 8431, Allocation of 

Allocable Investment Expense; Original 

Issue Discount Reporting Requirements. 

OMB Number: 1545–1018. 

Regulation Project Number: T.D. 8366 

and T.D. 8431. 

Abstract: T.D. 8366 contains 

temporary and final regulations relating 

to real estate mortgage investment 

conduits (REMICS). T.D. 8431 contains 

final regulations relating to reporting 

requirements with respect to singleclass real estate mortgage investment 

conduits (REMICs) and the market 

discount fraction reported with other 

REMIC information. This document also 

contains final regulations that require an 

issuer of publicly offered debt 

instruments with original issue discount 

(OID) to file an information return with 

the Internal Revenue Service. The 

relevant provisions in the Internal 

Revenue Code were added or amended 

by the Tax Reform Act of 1984, the Tax 

Reform Act of 1986, and by the 

Technical and Miscellaneous Revenue 

Act of 1988. 

Current Actions: There is no change to 

these existing regulations. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Responses: 

9,725. 

Estimated Total Annual Burden 

Hours: 978. 

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 


tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 72 / Wednesday, April 15, 2015 / Notices 20297 

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: April 7, 2015. 

Christie Preston, 

IRS Reports Clearance Officer. 

[FR Doc. 2015–08653 Filed 4–14–15; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 1098–MA 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

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 take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the IRS is 

soliciting comments concerning Form 

1098–MA, Mortgage Assistance 

Payments. 

DATES: Written comments should be 

received on or before June 15, 2015 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Christie Preston, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to LaNita Van Dyke, 

at Internal Revenue Service, Room 6517, 

1111 Constitution Avenue NW., 

Washington, DC 20224, or through the 

internet at Lanita.VanDyke@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Mortgage Assistance Payments. 

OMB Number: 1545–2221. 

Form Number: Form 1098–MA. 

Abstract: This form is a statement 

reported to the IRS and to taxpayers. It 

will be filed and furnished by State 

Housing Finance Agencies (HFAs) and 

HUD to report the total amounts of 

mortgage assistance payments and 

homeowner mortgage payments made to 

mortgage servicers. The requirement for 

the statement are authorized by Notice 

2011–14, supported by Public Law 111– 

203, sec. 1496, and Public Law 110–343, 

Division A, sec. 109. 

Current Actions: There were no 

changes made to the document that 

resulted in any change to the burden 

previously reported to OMB. We are 

making this submission to renew the 

OMB approval. 

Type of Review: Extension to 

previously approved IC. 

Affected Public: Individuals, Federal 

Government, State, Local, or Tribal 

Governments, and other Not-for-profit 

organizations. 

Estimated Number of Respondents: 

52. 

Estimated Time per Respondent: 2 

hours 50 minutes. 

Estimated Total Annual Burden 

Hours: 170,400. 

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: April 7, 2015. 

Christie Preston, 

IRS Reports Clearance Officer. 

[FR Doc. 2015–08651 Filed 4–14–15; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

DEPARTMENTAL OFFICES 

Debt Management Advisory Committee 

Meeting 

Notice is hereby given, pursuant to 5 

U.S.C. App. 2, § 10(a)(2), that a meeting 

will be held at the Hay-Adams Hotel, 

16th Street and Pennsylvania Avenue 

NW., Washington, DC, on May 5, 2015 

at 11:30 a.m. of the following debt 

management advisory committee: 

Treasury Borrowing Advisory 

Committee of The Securities Industry 

and Financial Markets Association. 

The agenda for the meeting provides 

for a charge by the Secretary of the 

Treasury or his designate that the 

Committee discuss particular issues and 

conduct a working session. Following 

the working session, the Committee will 

present a written report of its 

recommendations. The meeting will be 

closed to the public, pursuant to 5 

U.S.C. App. 2, § 10(d) and P.L. 103–202, 

§ 202(c)(1)(B) (31 U.S.C. 3121 note). 

This notice shall constitute my 

determination, pursuant to the authority 

placed in heads of agencies by 5 U.S.C. 

App. 2, § 10(d) and vested in me by 

Treasury Department Order No. 101–05, 

that the meeting will consist of 

discussions and debates of the issues 

presented to the Committee by the 

Secretary of the Treasury and the 

making of recommendations of the 

Committee to the Secretary, pursuant to 

P.L. 103–202, § 202(c)(1)(B). Thus, this 

information is exempt from disclosure 

under that provision and 5 U.S.C. 


tkelley on DSK3SPTVN1PROD with NOTICES