Federal Register / Vol. 83, No. 9 / Friday, January 12, 2018 / Notices 1659 

PENALTIES APPLICABLE TO FEDERAL SAVINGS ASSOCIATIONS

U.S. Code citation CMP Description 

Maximum 

penalty 

amount 

(in Dollars) 1

12 U.S.C. 1464(v) ..................................... Reports of Condition: 

1st Tier .................................................................................................................. 3,928

2nd Tier ................................................................................................................. 39,278

3rd Tier .................................................................................................................. 2 1,963,870 

12 U.S.C. 1467(d) ..................................... Refusal of Affiliate to Cooperate in Examination ......................................................... 9,819 

12 U.S.C. 1467a(r) ................................... Late/Inaccurate Reports: 

1st Tier .................................................................................................................. 3,928

2nd Tier ................................................................................................................. 39,278

3rd Tier .................................................................................................................. 2 1,963,870 

12 U.S.C. 1817(j)(16) ............................... Violation of Change in Bank Control Act: 

Tier 1 ..................................................................................................................... 9,819 

Tier 2 ..................................................................................................................... 49,096 

Tier 3 ..................................................................................................................... 2 1,963,870 

12 U.S.C. 1818(i)(2) 3 ............................... Violation of Law, Unsafe or Unsound Practice, or Breach of Fiduciary Duty: 

Tier 1 ..................................................................................................................... 9,819 

Tier 2 ..................................................................................................................... 49,096 

Tier 3 ..................................................................................................................... 2 1,963,870 

12 U.S.C. 1820(k)(6)(A)(ii) ........................ Violation of Post-Employment Restrictions: 

Per violation .......................................................................................................... 323,027 

12 U.S.C. 1832(c) ..................................... Violation of Withdrawals by Negotiable or Transferable Instruments for Transfers to 

Third Parties: 

2,593 

Per violation.

12 U.S.C. 1884 ......................................... Violation of the Bank Protection Act ............................................................................ 285 

12 U.S.C. 1972(2)(F) ................................ Violation of Provisions regarding Correspondent Accounts, Unsafe or Unsound

Practices, or Breach of Fiduciary Duty: 

Tier 1 ..................................................................................................................... 9,819 

Tier 2 ..................................................................................................................... 49,096 

Tier 3 ..................................................................................................................... 2 1,963,870 

15 U.S.C. 78u–2(b) ................................... Violations of Various Provisions of the Securities Act, the Securities Exchange Act, 

the Investment Company Act, or the Investment Advisers Act: 

1st Tier (natural person)—Per violation ................................................................ 9,239 

1st Tier (other person)—Per violation .................................................................. 92,383 

2nd Tier (natural person)—Per violation .............................................................. 92,383 

2nd Tier (other person)—Per violation ................................................................. 461,916 

3rd Tier (natural person)—Per violation ............................................................... 184,767 

3rd Tier (other person)—Per violation .................................................................. 923,831 

15 U.S.C. 1639e(k) ................................... Violation of Appraisal Independence Requirements: 

First violation ......................................................................................................... 11,279 

Subsequent violations ........................................................................................... 22,556 

42 U.S.C. 4012a(f)(5) ............................... Flood Insurance: 

Per violation .......................................................................................................... 2,133 

1The maximum penalty amount is per day, unless otherwise indicated. 

2The maximum penalty amount for a federal savings association is the lesser of this amount or 1 percent of total assets. 

3These amounts also apply to statutes that cross-reference 12 U.S.C. 1818, such as 12 U.S.C. 2804, 3108, 3349, 4309, and 4717 and 15 

U.S.C. 1607, 1681s, 1691c, and 1692l. 

Dated: January 9, 2018. 

Karen Solomon, 

Acting Senior Deputy Comptroller and Chief 

Counsel, Office of the Comptroller of the 

Currency. 

[FR Doc. 2018–00521 Filed 1–11–18; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Multiple 

IRS Information Collection Requests 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Department of the 

Treasury will submit the following 

information collection requests to the 

Office of Management and Budget 

(OMB) for review and clearance in 

accordance with the Paperwork 

Reduction Act of 1995, on or after the 

date of publication of this notice. The 

public is invited to submit comments on 

these requests. 

DATES: Comments should be received on 

or before February 12, 2018 to be 

assured of consideration. 

ADDRESSES: Send comments regarding 

the burden estimate, or any other aspect 

of the information collection, including 

suggestions for reducing the burden, to 

(1) Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Attention: Desk Officer for 

Treasury, New Executive Office 

Building, Room 10235, Washington, DC 

20503, or email at OIRA_Submission@

OMB.EOP.gov and (2) Treasury PRA 

Clearance Officer, 1750 Pennsylvania 

Ave. NW, Suite 8142, Washington, DC 

20220, or email at PRA@treasury.gov. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Jennifer Quintana by 

emailing PRA@treasury.gov, calling 

(202) 622–0489, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 


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1660 Federal Register / Vol. 83, No. 9 / Friday, January 12, 2018 / Notices 

Internal Revenue Service (IRS) 

Title: Treaty-Based Return Position 

Disclosure Under Section 6114 or 

7701(b). 

OMB Control Number: 1545–1354. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Revenue Procedure 2010–19 

provides guidance for individuals who 

emigrate from Canada and wish to make 

an election for U.S. federal income tax 

purposes. Form 8833 is used by 

taxpayers to make the treaty-based 

return position disclosure required by 

section 6114. The form must also be 

used by dual-resident taxpayers to make 

the treaty-based return position 

disclosure required by Regulations 

section 301.7701(b)–7. 

Form: 8833. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 25,740. 

Title: T.D. 8743, Sale of Residence 

from Qualified Personal Residence 

Trust. 

OMB Control Number: 1545–1485. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: This document contains 

previously approved final regulations 

permitting the reformation of a personal 

residence trust or a qualified personal 

residence trust in order to comply with 

the applicable requirements for such 

trusts. The final regulations also provide 

that the governing instruments of such 

trusts must prohibit the sale of a 

residence held in the trust to the grantor 

of the trust, the grantor’s spouse, or an 

entity controlled by the grantor or the 

grantor’s spouse. 

Form: None. 

Affected Public: Individuals or 

Households. 

Estimated Total Annual Burden 

Hours: 625. 

Title: TD 8684—Treatment of Gain 

From the Disposition of Interest in 

Certain Natural Resource Recapture 

Property by S Corporations and Their 

Shareholders. 

OMB Control Number: 1545–1493. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: This regulation prescribes 

rules under Code section 1254 relating 

to the treatment by S corporations and 

their shareholders of gain from the 

disposition of natural resource recapture 

property and from the sale or exchange 

of S corporation stock. Section 

1.1254(c)(2) of the regulation provides 

that gain recognized on the sale or 

exchange of S corporation stock is not 

treated as ordinary income if the 

shareholder attaches a statement to his 

or her return containing information 

establishing that the gain is not 

attributable to section 1254 costs. 

Form: None. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 1,000. 

Title: Rev. Proc. 99–21 Disability 

Suspension. 

OMB Control Number: 1545–1649. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: The information is needed 

to establish a claim that a taxpayer was 

financially disabled for purposes of 

section 6511(h) of the Internal Revenue 

Code (which was added by section 3203 

of the Internal Revenue Service 

Restructuring and Reform Act of 1998). 

Under section 6511(h), the statute of 

limitations on claims for credit or 

refund is suspended for any period of an 

individual taxpayer’s life during which 

the taxpayer is unable to manage his or 

her financial affairs because of a 

medically determinable mental or 

physical impairment, if the impairment 

can be expected to result in death, or 

has lasted (or can be expected to last) for 

a continuous period of not less than 12 

months. Section 6511(h)(2)(A) requires 

that proof of the taxpayer’s financial 

disability be furnished to the Internal 

Revenue Service. 

Form: None. 

Affected Public: Individuals or 

Households. 

Estimated Total Annual Burden 

Hours: 24,100. 

Title: Continuation Sheet for Item # 15 

(Additional Information) OF–306, 

Declaration for Federal Employment. 

OMB Control Number: 1545–1921. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Form 12114 is used by 

recruitment personnel of the Covington 

Host Site. This form is provided to 

applicants when completing OF 306, 

Declaration for Federal Employment. It 

is used as a continuation sheet to clearly 

define additional information that is 

requested in item 15 of the OF 306. Due 

to lack of space on the OF 306 this form 

can be used in lieu of an additional 

sheet of paper. The authority to request 

this information is in 5 U.S.C. 3301 and 

3304. 

Form: 12114. 

Affected Public: Individuals or 

Households. 

Estimated Total Annual Burden 

Hours: 6,203. 

Title: Form 8879–EX, IRS e-file 

Signature Authorization for Forms 720, 

2290, and 8849. 

OMB Control Number: 1545–2081. 

Type of Review: Reinstatement 

without change of a previously 

approved collection. 

Abstract: The Form 8879–EX, IRS efile Signature Authorization for Forms 

720, 2290, and 8849, will be used in the 

Modernized e-File program. Form 8879– 

EX authorizes an a taxpayer and an 

electronic return originator (ERO) to use 

a personal identification number (PIN) 

to electronically sign an electronic 

excise tax return and, if applicable, 

authorize an electronic funds 

withdrawal. 

Form: 8879–EX. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 46,800. 

Title: Election to Expense Certain 

Refineries. 

OMB Control Number: 1545–2103. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: The regulations provide 

guidance with respect to section 179C of 

the Internal Revenue Code, which 

provides a taxpayer can elect to treat 

50% of the cost of ‘‘qualified refinery 

property’’ as a deductible expense not 

chargeable to capital account. The 

taxpayer makes an election under 

section 179C by entering the amount of 

the deduction at the appropriate place 

on the taxpayer’s timely filed original 

federal income tax return for the taxable 

year in which the qualified refinery 

property is placed in service and by 

attaching a report specifying (a) the 

name and address of the refinery and (b) 

the production capacity requirement 

under which the refinery qualifies. 

Form: None. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 120. 

Authority: 44 U.S.C. 3501 et seq. 

Dated: January 8, 2018. 

Spencer Clark, 

Treasury PRA Clearance Officer. 

[FR Doc. 2018–00416 Filed 1–11–18; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

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, 


sradovich on DSK3GMQ082PROD with NOTICES