[Federal Register Volume 84, Number 208 (Monday, October 28, 2019)]
[Notices]
[Pages 57809-57810]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-23399]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Proposed Collection; 
Comment Request; Annual Performance Report and Certification for 
Section 1603: Payments for Specified Renewable Energy Property in Lieu 
of Tax Credits

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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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 the proposed 
information collection listed below, in accordance with the Paperwork 
Reduction Act of 1995.

DATES: Written comments must be received on or before December 27, 
2019.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to Treasury PRA Clearance Officer, 1750 
Pennsylvania Ave. NW, Suite 8100, Washington, DC 20220, or email at 
[email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Sustanchia Gladden by emailing 
[email protected], calling (202) 622-8951, or viewing the 
entire information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

    Title: Annual Performance Report and Certification for Section 
1603: Payments for Specified Renewable Energy Property in Lieu of Tax 
Credits.
    OMB Control Number: 1505-0221.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Authorized under the American Recovery and 
Reinvestment Act (ARRA), of 2009 (Pub. L. 111-5), the Department of the 
Treasury is implementing several provisions of the Act, more 
specifically Division B-Tax, Unemployment, Health, State Fiscal Relief, 
and Other Provisions. Among these components is a program which

[[Page 57810]]

requires Treasury, in lieu of a tax credit, to reimburse persons who 
place in service certain specified energy properties. The collection of 
information is necessary to properly monitor compliance with program 
requirements. Applicants for Section 1603 payments commit in the Terms 
and Conditions that are part of the application to submitting an annual 
report for five years from the date the energy property is placed in 
service.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 150,000.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 150,000.
    Estimated Time per Response: 15 minutes.
    Estimated Total Annual Burden Hours: 37,000.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and included in the request for Office of Management 
and Budget 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 technology; and (e) estimates of capital or start-up 
costs and costs of operation, maintenance, and purchase of services 
required to provide information.

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

    Dated: October 22, 2019.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2019-23399 Filed 10-25-19; 8:45 am]
 BILLING CODE 4810-25-P