13044 Federal Register / Vol. 87, No. 45 / Tuesday, March 8, 2022 / Notices 

coverage provides sufficient protection 

of the designated loan, consistent with 

general safety and soundness principles, 

and the bank or savings association has 

documented its conclusion regarding 

sufficiency of the protection in writing. 

• 12 CFR 22.5—Escrow 

Requirements—With certain exceptions 

with respect to types of loans and size 

of institution, national banks, Federal 

savings associations, and their servicers 

must escrow flood insurance premiums 

and fees for all loans secured by 

properties located in a Special Flood 

Hazard Area made, increased, extended, 

or renewed on or after January 1, 2016. 

When escrow is required, the national 

bank or Federal savings associations 

must mail or deliver to the borrower a 

written notice informing the borrower 

that the bank or savings association is 

required to escrow all premiums and 

fees for required flood insurance. 

• 12 CFR 22.6(a)—Required Use of 

Standard Flood Hazard Determination 

Form—A national bank or Federal 

savings association must use the 

Standard Flood Hazard Determination 

Form developed by FEMA. 

• 12 CFR 22.6(b)—Retention of 

Standard Flood Hazard Determination 

Form—A national bank or Federal 

savings association must retain a copy 

of the completed Standard Flood Hazard 

Determination Form for the period of 

time the bank or savings association 

owns the loan. 

• 12 CFR 22.7—Notice of Forced 

Placement of Flood Insurance—If a 

national bank or Federal savings 

association, or its loan servicer, 

determines during the period of time the 

bank or savings association owns the 

loan that the property securing the loan 

is not covered by adequate flood 

insurance, the bank or savings 

association, or its loan servicer, must 

notify the borrower that the borrower 

should obtain adequate flood insurance 

coverage at the borrower’s expense in an 

amount at least equal to the minimum 

amount required under the regulation 

for the remaining term of the loan. If the 

borrower fails to purchase insurance, 

the bank or savings association, or its 

servicer, must purchase insurance on 

the borrower’s behalf and may charge 

the borrower for the premiums and fees. 

The insurance provider must be notified 

to terminate any insurance purchased 

by an institution or servicer within 30 

days of receipt of confirmation of a 

borrower’s existing flood insurance 

coverage. 

• 12 CFR 22.9(a) and (b)—Notice to 

Borrower and Servicer—A national bank 

or Federal savings association making, 

increasing, extending, or renewing a 

loan secured by property located in a 

special flood hazard area must provide 

a written notice to the borrower and 

loan servicer (borrower notice). The 

borrower notice must include a warning 

that the property securing the loan is 

located in a special flood hazard area; a 

description of the flood insurance 

purchase requirements; a statement 

indicating that flood insurance is 

available under the National Flood 

Insurance Program, where applicable; a 

statement that flood insurance 

providing the same level of coverage 

may be available from private insurance 

companies; a statement that borrowers 

are encouraged to compare NFIP and 

private flood insurance policies; and a 

statement whether Federal disaster 

relief assistance may be available in the 

event of a declared Federal flood 

disaster. 

• 12 CFR 22.9(d) and (e)—Record of 

Borrower and Servicer Receipt of Notice 

and Alternate Method of Notice—A 

national bank or Federal savings 

association must retain a record of the 

receipt of the borrower notices by the 

borrower and the loan servicer for the 

period of time the bank or savings 

association owns the loan. In lieu of 

providing the borrower notice, a 

national bank or savings association 

may obtain a satisfactory written 

assurance from a seller or lessor that, 

within a reasonable time before 

completion of the sale or lease 

transaction, the seller or lessor has 

provided such notice to the purchaser or 

lessee. The bank or savings association 

must retain a record of the written 

assurance from the seller or lessor for 

the period of time it owns the loan. 

• 12 CFR 22.10—Notices to FEMA— 

A national bank or savings association 

making, increasing, extending, 

renewing, selling, or transferring a loan 

secured by property located in a special 

flood hazard area must notify the 

Administrator of FEMA (or the 

Administrator’s designee) of the identity 

of the loan servicer (notice of servicer), 

and must notify the Administrator of 

FEMA (or the Administrator’s designee) 

of any change in the loan servicer 

(notice of servicer transfer) within 60 

days after the effective date of such 

change. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

1,550. 

Estimated Total Annual Burden: 

121,069. 

Frequency of Response: On occasion. 

Comments submitted in response to 

this notice will be summarized, 

included in the request for OMB 

approval, and 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 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’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 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. 

Theodore J. Dowd, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2022–04809 Filed 3–7–22; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Notice Regarding Certain 

Church Plan Clarifications Under the 

PATH Act 

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 continuing 

information collections, as required by 

the Paperwork Reduction Act of 1995. 

The IRS is soliciting comments 

concerning reporting requirements for 

notice regarding certain church plan 

clarifications under section 336 of the 

PATH Act. 

DATES: Written comments should be 

received on or before May 9, 2022 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to Andres Garcia, Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

by email to omb.unit@irs.gov. Include 

OMB control number 1545–2279 or 

Notice Regarding Certain Church Plan 

Clarifications under Section 336 of the 

PATH Act in the subject line of the 

message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 


lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 87, No. 45 / Tuesday, March 8, 2022 / Notices 13045 

copies of the form should be directed to 

Kerry Dennis at (202) 317–5751, or at 

Internal Revenue Service, Room 6526, 

1111 Constitution Avenue NW, 

Washington DC 20224, or through the 

internet, at Kerry.L.Dennis@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Notice Regarding Certain 

Church Plan Clarifications under 

Section 336 of the PATH Act. 

OMB Number: 1545–2279. 

Regulation Project Number: Notice– 

2018–81. 

Abstract: Notice 2018–81 describes 

the manner in which taxpayers notify 

the Internal Revenue Service (IRS) of 

revocation of an election to aggregate or 

disaggregate certain church-related 

organizations from treatment as a single 

employer under section 

414(c)(2)(C)and(D). Churches and 

church-related organizations are 

allowed to make elections to aggregate 

or disaggregate for this purpose under 

section 414(c)(2)(C) and (D), which were 

added to the Code by section 336(a) of 

the Protecting Americans from Tax 

Hikes Act of 2015 (Pub. L. 114–113 (129 

Stat. 2242 (2015)) (PATH Act). 

Current Actions: There is no change to 

the regulation or burden at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other 

Not-for-profit; Individuals or 

households. 

Estimated Number of Respondents: 3. 

Estimated Time per Respondent: 2 

hours. 

Estimated Total Annual Burden 

Hours: 6 hours. 

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. 

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: March 1, 2022. 

Kerry L. Dennis, 

Tax Analyst. 

[FR Doc. 2022–04626 Filed 3–7–22; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Requesting 

Comments on Form 8717 and Form 

8717–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/or 

continuing information collections, as 

required by the Paperwork Reduction 

Act of 1995. The IRS is soliciting 

comments concerning Form 8717, User 

Fee for Employee Plan Determination 

Letter Request, and Form 8717–A, User 

Fee for Employee Plan Opinion Letter 

Request. 

DATES: Written comments should be 

received on or before May 9, 2022 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to Andres Garcia, Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

by email to omb.unit@irs.gov. Include 

OMB Control Number 1545–1772 in the 

subject line of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this collection should be 

directed to Jon Callahan, (737) 800– 

7639, at Internal Revenue Service, Room 

6526, 1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet at jon.r.callahan@irs.gov. 

SUPPLEMENTARY INFORMATION: The IRS is 

currently seeking comments concerning 

the following information collection 

tools, reporting, and record-keeping 

requirements: 

Title: User Fee for Employee Plan 

Determination or Opinion Letter 

Request. 

OMB Control Number: 1545–1772. 

Form Number: Form 8717 and Form 

8717–A. 

Abstract: Internal Revenue Code 

section 7528 requires the payment of 

user fees for requests to the IRS for 

ruling letters, opinion letters, and 

determination letters. Forms 8717 and 

8717–A are used by employee plan 

providers and sponsors to indicate the 

type of letter request and pay the 

appropriate user fee. 

Current Actions: There is no change to 

the existing collection; however, the 

total burden has been reduced due to 

better estimates. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations, and not-for-profit 

institutions. 

Estimated Number of Responses: 

9,000. 

Estimated Time per Respondent: 2 

hours, 38 minutes. 

Estimated Total Annual Burden 

Hours: 23,650. 

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, 


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