[Federal Register Volume 84, Number 23 (Monday, February 4, 2019)]
[Notices]
[Page 1533]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-00849]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Administration of 
Multiemployer Plan Participant Vote on an Approved Suspension of 
Benefits Under MPRA

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 
information collections, as required by the Paperwork Reduction Act of 
1995. Currently, the IRS is soliciting comments concerning suspension 
of benefits under the Multiemployer Pension Reform Act of 2014--
Administration of Multiemployer Plan Participant Vote.

DATES: Written comments should be received on or before April 5, 2019 
to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Charles G. 
Daniel at (202) 317-5754, at Internal Revenue Service, Room 6529, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Suspension of Benefits Under the Multiemployer Pension 
Reform Act of 2014--Administration of Multiemployer Plan Participant 
Vote.
    OMB Number: 1545-2260.
    Abstract: Respondents are sponsors of collectively bargained 
retirement trusts in significant financial distress. The MPRA allows a 
respondent to apply to Treasury for approval to suspend benefit 
payments. If an application is approved, Treasury must then administer 
a vote by participants on whether to accept or reject the suspension. 
The regulation provides detailed voting procedures. The information 
collection is necessary to establish the voting process.
    Current Actions: There are no changes being made at this time.
    Type of Review: Extension of a previously approved collection.
    Affected Public: Businesses and other for-profits.
    Estimated Number of Responses: 28.
    Estimated Time per Response: 500 hours.
    Estimated Total Annual Burden Hours: 14,000 hours.
    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, 
maintenance, and purchase of services to provide information.

    Approved: January 29, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-00849 Filed 2-1-19; 8:45 am]
 BILLING CODE 4830-01-P