61896 Federal Register / Vol. 79, No. 199 / Wednesday, October 15, 2014 / Notices 

DEPARTMENT OF HOMELAND 

SECURITY 

U.S. Customs and Border Protection 

Quarterly IRS Interest Rates Used in 

Calculating Interest on Overdue 

Accounts and Refunds On Customs 

Duties 

AGENCY: U.S. Customs and Border 

Protection, Department of Homeland 

Security. 

ACTION: General notice. 

SUMMARY: This notice advises the public 

of the quarterly Internal Revenue 

Service interest rates used to calculate 

interest on overdue accounts 

(underpayments) and refunds 

(overpayments) of customs duties. For 

the calendar quarter beginning October 

1, 2014, the interest rates for 

overpayments will be 2 percent for 

corporations and 3 percent for noncorporations, and the interest rate for 

underpayments will be 3 percent for 

both corporations and non-corporations. 

This notice is published for the 

convenience of the importing public 

and U.S. Customs and Border Protection 

personnel. 

DATES: Effective Date: October 1, 2014. 

FOR FURTHER INFORMATION CONTACT: 

Michael P. Dean, Revenue Division, 

Collection and Refunds Branch, 6650 

Telecom Drive, Suite #100, 

Indianapolis, Indiana 46278; telephone 

(317) 614–4882. 

SUPPLEMENTARY INFORMATION: 

Background 

Pursuant to 19 U.S.C. 1505 and 

Treasury Decision 85–93, published in 

the Federal Register on May 29, 1985 

(50 FR 21832), the interest rate paid on 

applicable overpayments or 

underpayments of customs duties must 

be in accordance with the Internal 

Revenue Code rate established under 26 

U.S.C. 6621 and 6622. Section 6621 was 

amended (at paragraph (a)(1)(B) by the 

Internal Revenue Service Restructuring 

and Reform Act of 1998, Public Law 

105–206, 112 Stat. 685) to provide 

different interest rates applicable to 

overpayments: one for corporations and 

one for non-corporations. 

The interest rates are based on the 

Federal short-term rate and determined 

by the Internal Revenue Service (IRS) on 

behalf of the Secretary of the Treasury 

on a quarterly basis. The rates effective 

for a quarter are determined during the 

first-month period of the previous 

quarter. 

In Revenue Ruling 2014–23, the IRS 

determined the rates of interest for the 

calendar quarter beginning October 1, 

2014, and ending on December 31, 2014. 

The interest rate paid to the Treasury for 

underpayments will be the Federal 

short-term rate (1%) plus two 

percentage points (2%) for a total of 

three percent (3%) for both corporations 

and non-corporations. For corporate 

overpayments, the rate is the Federal 

short-term rate (1%) plus one 

percentage point (1%) for a total of two 

percent (2%). For overpayments made 

by non-corporations, the rate is the 

Federal short-term rate (1%) plus two 

percentage points (2%) for a total of 

three percent (3%). These interest rates 

are subject to change for the calendar 

quarter beginning January 1, 2015, and 

ending March 31, 2015. 

For the convenience of the importing 

public and U.S. Customs and Border 

Protection personnel the following list 

of IRS interest rates used, covering the 

period from before July of 1974 to date, 

to calculate interest on overdue 

accounts and refunds of customs duties, 

is published in summary format. 

Beginning date Ending date Under-payments 

(percent) 

Over-payments 

(percent) 

Corporate overpayments (Eff. 1– 

1–99) (percent) 

070174 ................................................... 063075 .................................................. 6 6 ..............................

070175 ................................................... 013176 .................................................. 9 9 ..............................

020176 ................................................... 013178 .................................................. 7 7 ..............................

020178 ................................................... 013180 .................................................. 6 6 ..............................

020180 ................................................... 013182 .................................................. 12 12 ..............................

020182 ................................................... 123182 .................................................. 20 20 ..............................

010183 ................................................... 063083 .................................................. 16 16 ..............................

070183 ................................................... 123184 .................................................. 11 11 ..............................

010185 ................................................... 063085 .................................................. 13 13 ..............................

070185 ................................................... 123185 .................................................. 11 11 ..............................

010186 ................................................... 063086 .................................................. 10 10 ..............................

070186 ................................................... 123186 .................................................. 9 9 ..............................

010187 ................................................... 093087 .................................................. 9 8 ..............................

100187 ................................................... 123187 .................................................. 10 9 ..............................

010188 ................................................... 033188 .................................................. 11 10 ..............................

040188 ................................................... 093088 .................................................. 10 9 ..............................

100188 ................................................... 033189 .................................................. 11 10 ..............................

040189 ................................................... 093089 .................................................. 12 11 ..............................

100189 ................................................... 033191 .................................................. 11 10 ..............................

040191 ................................................... 123191 .................................................. 10 9 ..............................

010192 ................................................... 033192 .................................................. 9 8 ..............................

040192 ................................................... 093092 .................................................. 8 7 ..............................

100192 ................................................... 063094 .................................................. 7 6 ..............................

070194 ................................................... 093094 .................................................. 8 7 ..............................

100194 ................................................... 033195 .................................................. 9 8 ..............................

040195 ................................................... 063095 .................................................. 10 9 ..............................

070195 ................................................... 033196 .................................................. 9 8 ..............................

040196 ................................................... 063096 .................................................. 8 7 ..............................

070196 ................................................... 033198 .................................................. 9 8 ..............................

040198 ................................................... 123198 .................................................. 8 7 ..............................

010199 ................................................... 033199 .................................................. 7 7 6 

040199 ................................................... 033100 .................................................. 8 8 7 

040100 ................................................... 033101 .................................................. 9 9 8 

040101 ................................................... 063001 .................................................. 8 8 7 

070101 ................................................... 123101 .................................................. 7 7 6 

010102 ................................................... 123102 .................................................. 6 6 5 


tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 199 / Wednesday, October 15, 2014 / Notices 61897 

Beginning date Ending date Under-payments 

(percent) 

Over-payments 

(percent) 

Corporate overpayments (Eff. 1– 

1–99) (percent) 

010103 ................................................... 093003 .................................................. 5 5 4 

100103 ................................................... 033104 .................................................. 4 4 3 

040104 ................................................... 063004 .................................................. 5 5 4 

070104 ................................................... 093004 .................................................. 4 4 3 

100104 ................................................... 033105 .................................................. 5 5 4 

040105 ................................................... 093005 .................................................. 6 6 5 

100105 ................................................... 063006 .................................................. 7 7 6 

070106 ................................................... 123107 .................................................. 8 8 7 

010108 ................................................... 033108 .................................................. 7 7 6 

040108 ................................................... 063008 .................................................. 6 6 5 

070108 ................................................... 093008 .................................................. 5 5 4 

100108 ................................................... 123108 .................................................. 6 6 5 

010109 ................................................... 033109 .................................................. 5 5 4 

040109 ................................................... 123110 .................................................. 4 4 3 

010111 ................................................... 033111 .................................................. 3 3 2 

040111 ................................................... 093011 .................................................. 4 4 3 

100111 ................................................... 123114 .................................................. 3 3 2 

Dated: October 8, 2014. 

R. Gil Kerlikowske, 

Commissioner. 

[FR Doc. 2014–24424 Filed 10–14–14; 8:45 am] 

BILLING CODE 9111–14–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5758–N–14] 

60-Day Notice of Proposed Information 

Collection: Strong Cities Strong 

Communities National Resource 

Network 

AGENCY: Office of the Assistant 

Secretary for Policy Development & 

Research, HUD. 

ACTION: Notice. 

SUMMARY: HUD is seeking approval from 

the Office of Management and Budget 

(OMB) for the information collection 

described below. In accordance with the 

Paperwork Reduction Act, HUD is 

requesting comment from all interested 

parties on the proposed collection of 

information. The purpose of this notice 

is to allow for 60 days of public 

comment. 

DATES: Comments Due Date: December 

15, 2014. 

ADDRESSES: Interested persons are 

invited to submit comments regarding 

this proposal. Comments should refer to 

the proposal by name and/or OMB 

Control Number and should be sent to: 

Colette Pollard, Reports Management 

Officer, QDAM, Department of Housing 

and Urban Development, 451 7th Street 

SW., Room 4176, Washington, DC 

20410–5000; telephone 202–402–5564 

(this is not a toll-free number) or email 

at Colette.Pollard@hud.gov for a copy of 

the proposed forms or other available 

information. Persons with hearing or 

speech impairments may access this 

number through TTY by calling the tollfree Federal Relay Service at (800) 877– 

8339. 

FOR FURTHER INFORMATION CONTACT: 

Colette Pollard, Reports Management 

Officer, QDAM, Department of Housing 

and Urban Development, 451 7th Street 

SW., Washington, DC 20410; email 

Colette Pollard at Colette.Pollard@

hud.gov or telephone 202–402–3400. 

This is not a toll-free number. Persons 

with hearing or speech impairments 

may access this number through TTY by 

calling the toll-free Federal Relay 

Service at (800) 877–8339. 

Copies of available documents 

submitted to OMB may be obtained 

from Ms. Pollard. 

SUPPLEMENTARY INFORMATION: This 

notice informs the public that HUD is 

seeking approval from OMB for the 

information collection described in 

Section A. 

A. Overview of Information Collection 

Title of Information Collection: 

National Resource Network Program 

Evaluation and Engagements. 

OMB Approval Number: 2528–0289. 

Type of Request: This is a revision to 

the existing information collection for 

the SC2 Network. 

Form Number: N/A. 

Description of the need for the 

information and proposed use: The 

Strong Cities Strong Communities 

National Resource Network (SC2 

Network) provides comprehensive 

technical assistance to cities with 

populations of 40,000 or more that are 

experiencing long-term economic 

challenges as evidenced by population 

decline, high unemployment rates, high 

poverty, and low education attainment. 

The SC2 Network is seeking to evaluate 

its program through a combination of 

site visits, surveys, interviews, and 

quantitative and qualitative data 

collection. In addition, the SC2 Network 

will solicit information from cities to 

provide direct technical assistance. 

Such information includes information 

related to population; employment 

rates; poverty; education attainment; 

fiscal and economic distress; priorities, 

goals, and initiatives of local 

government; regional partnerships or 

efforts; types of direct assistance that 

could improve a city’s economic 

outcome; support from political and 

community leadership; city budgets; 

and comprehensive annual financial 

reports. 

Respondents: Respondents are from 

local governments, as well as from 

anchor institutions, and public and 

private organizations that work with 

local governments. 

Estimated Number of Respondents: 

The estimated number of respondents to 

complete surveys, interviews, and/or 

provide data collection is estimated to 

be 120 respondents. The estimated 

number of respondents to provide 

information to the SC2 Network to 

solicit for direct technical assistance is 

estimated to be 500. 

Estimated Number of Responses: The 

estimated number of responses for 

surveys, interviews, and/or data 

collection is estimated to be 240. The 

estimated number of responses for 

direct technical assistance is 1000. 

Frequency of Response: The 

frequency of response for both survey, 

interview, and/or data collection, and 

direct technical assistance is twice per 

solicitation. 

Average Hours per Response: The 

average hour per response for surveys, 

interview, and/or data collection is 1.5 


tkelley on DSK3SPTVN1PROD with NOTICES