48898 Federal Register / Vol. 82, No. 202 / Friday, October 20, 2017 / Notices 

2 Dodd-Frank Wall Street Reform and Consumer 

Protection Act, Public Law 111–203, July 21, 2010. 

• Interagency Notice of Change in 

Control—Minor updates and further 

clarification of instructions and 

requirements. Includes additional 

questions related to the application 

review process, such as information on 

non-voting shares, and whether the 

applicant is joining an existing group 

acting in concert. 

• Interagency Bank Merger Act— 

Updated to reflect new requirements 

under the Dodd-Frank Act,2 or 

otherwise necessary to evaluate 

statutory factors, as well as additional 

questions related to the application 

review process. Requests financial 

projections for three years versus the 

current one year. 

The following forms were updated to 

delete requirements: 

• Citizenship and Residency 

Waivers—Removed applicability to 

FSAs and clarified that only the 

biographical portion of the form is 

required. 

• Commencement of Fiduciary 

Activities Notice, Fiduciary Powers 

After-the-Fact-Notice, Fiduciary Powers 

Application, and Surrender of Fiduciary 

Powers Notice—Removed requirement 

for a bank seal. 

Additional Requested Items 

The following are additions to the 

collection that capture existing 

requirements: 

• Conversion to National Bank 

Completion Certification and 

Conversion to FSA Completion 

Certification—Certification is submitted 

to indicate that all steps required to 

convert to a bank were taken, including 

execution of all documents required for 

organization, requisite shareholder or 

member approval, board of directors 

authorization, and adoption of bylaws. 

Upon receipt of the certification, the 

OCC issues the institution a new 

charter. 

• Reduction of Permanent Capital 

and Capital Distribution—Under 12 CFR 

5.55, FSAs are required to obtain OCC 

approval before issuing a capital 

distribution under certain 

circumstances. The request is reviewed 

to determine whether the FSA’s request 

is in accordance with existing statutory 

and regulatory criteria. The reporting 

requirements were previously included 

in OTS Form 1583. The new form was 

approved under OMB Control No. 1557– 

0338 and later merged into this 

collection. 

Transfer of a Collection 

Investment in Bank Premises—OCC 

regulations require a bank to obtain 

prior approval whenever an investment 

in bank premises will cause the total 

investment in bank premises to exceed 

the amount of the bank’s capital stock, 

unless the bank is eligible for the 

premises notice process set forth in 12 

CFR 5.37(d)(3). 12 CFR 5.37(d)(1) and 

7.1000(c). This item has been merged 

into the collection covering part 7 (OMB 

Control No. 1557–0204). 

Type of Review: Regular. 

Affected Public: Individuals or 

households; Businesses or other forprofit. 

Estimated Number of Respondents: 

3,715. 

Estimated Total Annual Responses: 

3,715. 

Frequency of Response: On occasion. 

Estimated Total Annual Burden: 

12,533 hours. 

The OCC issued a notice for 60 days 

of comment regarding this collection on 

August 4, 2017, 82 FR 36185. No 

comments were received. Comments 

continue to be 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 startup costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Dated: October 16, 2017. 

Karen Solomon, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2017–22722 Filed 10–19–17; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Split-Dollar Life 

Insurance Arrangements 

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 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. Currently, the IRS is 

soliciting comments concerning the 

requirements relating to Split-Dollar 

Life Insurance Arrangements. 

DATES: Written comments should be 

received on or before December 19, 2017 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Tuawana Pinkston, Internal Revenue 

Service, Room 6141, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

Requests for additional information or 

copies of the regulations should be 

directed to R. Joseph Durbala, at Internal 

Revenue Service, Room 6129, 1111 

Constitution Avenue NW., Washington, 

DC 20224, or through the internet, at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Split-Dollar Life Insurance 

Arrangements. 

OMB Number: 1545–1792. 

Regulation Project Number: TD 9092. 

Abstract: This document contains 

final regulations related to the income, 

employment, and gift taxation of splitdollar life insurance arrangements. The 

final regulations provide needed 

guidance to persons who enter splitdollar life insurance arrangements. 

Current Actions: There is no change to 

the burden previously approved. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Not-for-profit 

institutions. 

Estimated Number of Respondents: 

115,000. 

Estimated Time per Respondent: 17 

minutes. 

Estimated Total Annual Burden 

Hours: 32,500. 

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. 

Desired Focus of Comments: The 

Internal Revenue Service (IRS) is 


srobinson on DSKBC5CHB2PROD with NOTICES
Federal Register / Vol. 82, No. 202 / Friday, October 20, 2017 / Notices 48899 

particularly interested in comments 

that: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including using 

appropriate automated, electronic, 

mechanical, or other technological 

collection techniques or other forms of 

information technology, e.g., by 

permitting electronic submissions of 

responses. 

Comments submitted in response to 

this notice will be summarized and/or 

included in the ICR for OMB approval 

of the extension of the information 

collection; they will also become a 

matter of public record. 

Approved: October 13, 2017. 

R. Joseph Durbala, 

IRS Tax Analyst. 

[FR Doc. 2017–22780 Filed 10–19–17; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Form CT–2, 

Employee Representative’s Quarterly 

Railroad Tax Return 

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 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. Currently, the IRS is 

soliciting comments concerning the 

requirements relating to completing 

Form CT–2, Employee Representative’s 

Quarterly Railroad Tax Return. 

DATES: Written comments should be 

received on or before December 19, 2017 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Tuawana Pinkston, Internal Revenue 

Service, Room 6141, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

Requests for additional information or 

copies of the regulations should be 

directed to R. Joseph Durbala, at Internal 

Revenue Service, Room 6129, 1111 

Constitution Avenue NW., Washington, 

DC 20224, or through the internet, at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Employee Representative’s 

Quarterly Railroad Tax Return. 

OMB Number: 1545–0002. 

Regulation Project Number: CT–2. 

Abstract: Employee representatives 

file Form CT–2 quarterly to report 

compensation on which railroad 

retirement taxes are due. The IRS uses 

this information to ensure that 

employee representatives have paid the 

correct tax. Form CT–2 also transmits 

the tax payment. 

Current Actions: There is no change to 

the burden previously approved. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals and 

households. 

Estimated Number of Respondents: 

112. 

Estimated Time per Respondent: 1 

Hour 11 minutes. 

Estimated Total Annual Burden 

Hours: 132. 

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. 

Desired Focus of Comments: The 

Internal Revenue Service (IRS) is 

particularly interested in comments 

that: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including using 

appropriate automated, electronic, 

mechanical, or other technological 

collection techniques or other forms of 

information technology, e.g., by 

permitting electronic submissions of 

responses. 

Comments submitted in response to 

this notice will be summarized and/or 

included in the ICR for OMB approval 

of the extension of the information 

collection; they will also become a 

matter of public record. 

Approved: October 13, 2017. 

R. Joseph Durbala, 

IRS Tax Analyst. 

[FR Doc. 2017–22781 Filed 10–19–17; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Material Advisors of 

Reportable Transactions, Lists of 

Advisees 

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 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. Currently, the IRS is 

soliciting comments concerning the 

requirements relating to lists of advisees 

kept by material advisors of reportable 

transactions. 

DATES: Written comments should be 

received on or before December 19, 2017 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Tuawana Pinkston, Internal Revenue 

Service, Room 6141, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

Requests for additional information or 

copies of the regulations should be 

directed to R. Joseph Durbala, at Internal 

Revenue Service, Room 6129, 1111 

Constitution Avenue NW., Washington 

DC 20224, or through the internet, at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 


srobinson on DSKBC5CHB2PROD with NOTICES