Federal Register / Vol. 60, No. 250 / Friday, December 29, 1995 / Notices 67389

completed by Treasury within twelve

(12) business days following deposit by

FRBNY of the coupons into the

designated accounts. Such verification

and approval by Treasury are final

determinations.

The CUBES program will offer on-line

trading of CUBES balances between

depository institutions. However, the

submitting institution is prohibited from

trading any CUBES balance resulting

from the submission of coupons under

this notice prior to the Treasury

verification of the submission and

approval of the resulting CUBES

balances.

If, as a result of verification, Treasury

determines that an adjustment is

necessary to one or more CUBES

balances for the submitting institution,

the institution will be notified. If a

CUBES balance is insufficient for a

reduction adjustment to be processed,

the submitting institution is responsible

for immediately acquiring such CUBES

balance as is necessary to allow the

adjustments to be made.

The value of all coupons submitted to

FRBNY on the same date with the same

delivery instructions and for the same

payment date will be rounded down to

the next lowest full dollar amount since

on-line trading is done only in full

dollar amounts. For example, on March

18, Institution A submits coupons for a

variety of customers or accounts and

directs that the CUBES balances be

established in its trust account (or

similar subaccount). The total of the

coupon value with this delivery

instruction for payment date 8/15/01 is

$44,356.87. The total of the value for

payment date 11/15/01 is 56,002.13.

The submitting institution will receive

in its trust account an 8/15/01 CUBES

balance of $44,356.00 and an 11/15/01

CUBES balance of $56,002.00.

Book-entry transfers of CUBES will be

subject to the same fee schedule

applicable for the transfer of other online Treasury book-entry securities.

Once stripped coupons have been

converted to CUBES, their reconversion

to physical form will not be permitted.

The principal (corpus) securities from

which the interest coupons have been

stripped will not be accepted in CUBES.

A depository institution wishing to

participate in CUBES should contact

Grace Jaiman (212) 720–8183 or Joanna

Grever (212) 720–8184 of FRBNY as

soon as possible to obtain an

information package and the necessary

supplies required to present the

stripped coupons in acceptable form.

The institution should inform the

FRBNY of its intention to participate as

soon as possible, but no later than two

weeks before deposit, and should

submit a completed holdings statement

on the form provided in the information

package.

Participants will be charged a

participation fee of $4 per coupon for

conversion to book-entry. Participants

will also bear the full cost and risk

associated with both the delivery of the

coupons to the FRBNY and any returns

that may be necessary if the stated

presentation procedures are not

followed.

Submitters of coupons are deemed to

agree to the terms and conditions set

forth in this notice, 31 CFR Part 358,

including Appendix A, and any other

requirements that may be prescribed by

the Department of the Treasury and the

FRBNY.

Dated: December 22, 1995.

Richard L. Gregg,

Commissioner, Bureau of the Public Debt.

[FR Doc. 95–31462 Filed 12–28–95; 8:45 am]

BILLING CODE 4810–35–P

[Dept. Circ. 570, 1995 Rev., Supp. No. 6]

Surety Companies Acceptable on

Federal Bonds; Providence

Washington Insurance Company

A Certificate of Authority as an

acceptable surety on Federal Bonds is

hereby issued to the following company

under Sections 9304 to 9308, Title 31,

of the United States Code, effective

December 4, 1995. Federal bondapproving officers should annotate their

reference copies of the Treasury Circular

570, 1995 Revision, on page 34446 to

reflect this addition:

Providence Washington Insurance

Company. BUSINESS ADDRESS: P.O.

Box 518, Providence, RI 02901–0518.

PHONE: (401) 453–7000.

UNDERWRITING LIMITATION b/:

$5,445,000. SURETY LICENSES c/:

AL, AK, AZ, AR, CA, CO, CT, DE, DC,

FL, GA, ID, IL, IN, IA, KS, KY, LA,

ME, MD, MA, MI, MN, MS, MO, MT,

NE, NV, NH, NJ, NM, NY, NC, ND,

OH, OK, OR, PA, RI, SC, SD, TN, TX,

UT, VA, VT, WA, WV, WI, WY.

INCORPORATED IN: Rhode Island.

Certificates of Authority expire on

June 30 each year, unless revoked prior

to that date. The Certificates are subject

to subsequent annual renewal as long as

the companies remain qualified (31

CFR, Part 223). A list of qualified

companies is published annually as of

July 1 in Treasury Department Circular

570, with details as to underwriting

limitations, areas in which licensed to

transact surety business and other

information.

Copies of the Circular may be

obtained by calling the U.S. Department

of the Treasury, Financial Management

Service, computerized public bulletin

board system (FMS Inside Line) at (202)

874–6817/7034/6953/6872 or by

purchasing a hard copy from the

Government Printing Office (GPO),

Washington, DC, telephone (202) 874–

0132. When ordering the Circular from

GPO, use the following stock number:

048–000–00489–0.

For further assistance, contact the

U.S. Department of the Treasury,

Financial Management Service, Funds

Management Division, Surety Bond

Branch, 3700 East-West Highway, Room

6F04, Hyattsville, MD 20782, telephone

(202) 874–7102.

Dated: December 19, 1995.

Charles F. Schwan III,

Director, Funds Management Division,

Financial Management Service.

[FR Doc. 95–31486 Filed 12–28–95; 8:45 am]

BILLING CODE 4810–35–M

[Dept. Circ. 570, 1995—Rev., Supp. No. 5]

Surety Companies Acceptable on

Federal Bonds, Termination of

Authority; The American Road

Insurance Company

Notice is hereby given that the

Certificate of Authority issued by the

Treasury to the American Road

Insurance Company, of Dearborn,

Michigan, under the United States Code,

Title 31, Sections 9304–9308, to qualify

as an acceptable surety on Federal

bonds is terminated effective November

17, 1995.

The Company was last listed as an

acceptable surety on Federal bonds at 60

FR 34437, June 30, 1995.

With respect to any bonds currently

in force with the American Road

Insurance Company, bond-approving

officer may let such bonds run to

expiration and need not secure new

bonds. However, no new bonds should

be accepted from the Company. In

addition, bonds that are continuous in

nature should not be renewed.

Questions concerning this notice may

be directed to the U.S. Department of

the Treasury, Financial Management

Service, Funds Management Division,

Surety Bond Branch, 3700 East-West

Highway, Room 6F04, Hyattsville, MD

20872, telephone (202/FTS) 874–6765.

Dated: December 18, 1995.

Charles F. Schwan III,

Director, Funds Management Division,

Financial Management Service.

[FR Doc. 95–31487 Filed 12–28–95; 8:45 am]

BILLING CODE 4810–35–M
67390 Federal Register / Vol. 60, No. 250 / Friday, December 29, 1995 / Notices

Internal Revenue Service

Information Reporting Program

Advisory Committee; Meeting

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Notice of Rescheduled Open

Meeting of the Information Reporting

Program Advisory Committee (IRPAC).

SUMMARY: In 1991 the IRS established

the Information Reporting Program

Advisory Committee. The primary

purpose of IRPAC is to provide an

organized public forum for discussion of

relevant information reporting issues

between the officials of the IRS and

representatives of the payer community.

IRPAC offers constructive observations

about current or proposed policies,

programs, and procedures and, when

necessary, suggests ways to improve the

operation of the Information Reporting

Program.

The meeting previously scheduled for

November 14 & 15, which was canceled

because of the Government-wide

furlough, has been rescheduled for

Wednesday and Thursday, January 31

and February 1, 1996. The meeting will

be held in Room 3313 of the Internal

Revenue Service Building. The building

is located at 1111 Constitution Avenue,

NW., Washington, DC. The meeting will

begin at 9:30 a.m., on both days,

concluding about mid-day on February

1st. Topics to be discussed are listed

below along with a summarized version

of the agenda.

Summarized Agenda for Meeting on January

31–February 1, 1996

Wednesday, January 31, 1996

9:30 Public Meeting Opens

11:30 Break for Lunch

1:00 IRPAC Presentations Continue

4:00 Adjourn for the Day

Thursday, February 1, 1996

9:30 Public Meeting Reconvenes

12:00 Adjourn

The topics that will be covered (in

order) are as follows:

(1) Broader Usage of Form 4669

(2) Notional Principal Contracts

(3) Form 4224 Recertifications

(4) Collection of IRS Forms

(5) Investment Advisor Responsibilities

(6) Employee Tip Reporting - Revision

of Form 4070

(7) Improvement in Communications

with Small Business

(8) TAXLINK

(9) Reporting Requirements for Forms

5498 and 1099R

(10) Reporting Repayments by

Employees

(11) Fringe Benefit Reporting on Form

W–2

(12) Digital Cash

(13) Procurement Card Reporting

(14) Merchandise and Nonreportable

Services

(15) Reporting Nonqualified Deferred

Compensation

(16) Medical Service Provider and Sole

Proprietor Education and

Compliance

Note: Last minute changes to the topics

under discussion are possible and could

prevent advance notice.

SUPPLEMENTARY INFORMATION: IRPAC

reports to the National Director, Service

Center Compliance, who is the

executive responsible for information

reporting and is charged with its

systemwide planning and improvement.

IRPAC is instrumental in providing

advice to enhance the IRP Program.

Increasing participation by external

stakeholders in the planning and

improvement of the tax system will help

achieve the goals of increasing

voluntary compliance and reduction of

burden. IRPAC is currently comprised

of 20 representatives from various

segments of the private sector payer

community. IRPAC members are not

paid for their time or services, but

consistent with Federal regulations,

they are reimbursed for their travel and

lodging expenses to attend two meetings

each year.

DATES: The meeting, which will be open

to the public, will be in a room that

accommodates approximately 75

people, including members of IRPAC

and IRS officials. Seats are available to

the public on a first-come, first-served

basis. In order to get your name on the

building access list, notification of

intent to attend this meeting must be

made with Ms. Tommie Matthews no

later than Friday, January 26, 1996. Ms.

Matthews can be reached at 202–622–

4215 (not a toll-free number).

Notification of intent to attend should

include your name, organization and

phone number. To have a copy of the

agenda faxed to you, also call Ms.

Matthews at the phone number shown

above.

ADDRESSES: If you would like to have

IRPAC consider a written statement,

please write to Kate LaBuda at IRS,

Office of Service Center Compliance,

CP:CO:SC:P, Room 2013, 1111

Constitution Avenue, NW., Washington,

DC, 20224.

FOR FURTHER INFORMATION CONTACT: To

give notification of intent to attend this

meeting or to request a copy of the

agenda, call Ms. Tommie Matthews at

202–622–4214 (not a toll-free number).

For general information about IRPAC,

call Kate LaBuda at 202–622–3404 (not

a toll-free number).

Dated: December 20, 1995.

Approved:

Larry Faulkner,

Director, Office of Payer Compliance, Service

Center Compliance.

[FR Doc. 95–31458 Filed 12–28–95; 8:45 am]

BILLING CODE 4830–01–U

Departmental Offices; Proposed

Agency Information Collection

Activities; Comment, Request

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 comment on

an information collection that is due for

renewed approval by the Office of

Management and Budget. The comment

period is required by the Paperwork

Reduction Act of 1995, Public Law 104–

13 (44 U.S.C. 3506(c)(2)(A)). Currently,

the Office of International Financial

Analysis within the Department of the

Treasury is soliciting comments

concerning Treasury International

Capital Forms CQ–1 and CQ–2,

Financial and Commercial Liabilities to,

and Claims on, Unaffiliated Foreigners.

DATES: Written comments should be

received on or before February 26, 1996

to be assured of consideration.

ADDRESSES: Direct all written comments

to Gary A. Lee, Manager, Treasury

International Capital Reporting System,

Department of the Treasury, Room

5452–A, 1500 Pennsylvania Avenue

NW., Washington DC 20220.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the forms and instructions

should be directed to Gary A. Lee,

Manager, Treasury International Capital

Reporting System, Department of the

Treasury, Room 5452–A, 1500

Pennsylvania Avenue NW., Washington

DC 20220, (202)622–2270.

SUPPLEMENTARY INFORMATION:

Title: Financial and Commercial

Liabilities to, and Claims on,

Unaffiliated Foreigners, Treasury

International Capital Forms CQ–1 and

CQ–2.

OMB Number: 1505–0024.

Abstract: Forms CQ–1 and CQ–2 are

required by law and are designed to

collect timely information on

international portfolio capital