Federal Register / Vol. 86, No. 66 / Thursday, April 8, 2021 / Notices18373      blocked property or retained funds. Sections 501.801 and 501.805 relate, respectively, to license requests and records requests. Section 501.806 sets forth the procedures to be followed by a person seeking to have funds unblocked at a financial institution if the person believes that the funds were blocked due to mistaken identity. Section 501.807 sets forth the procedures to be followed by a person seeking administrative reconsideration of a designation or of a vessel as blocked, or who wishes to assert that the circumstances resulting in the designation or blocking no longer apply. The reports covered by this information collection will be reviewed by the U.S. Department of the Treasury and may be used for compliance, civil penalty, and enforcement purposes by the agency. Forms: OFAC requires the submission of the Annual Report of Blocked Property (ARBP) through approved form: TD–F 90–22.50. OFAC also maintains voluntary forms for submission of certain other information required as a part of the information collections covered by this notice including the following approved forms: Report on Blocked Property—Financial, TD–F 93.02; Report on Blocked Property—Tangible/Real/Other Non-Financial Property, TD–F 93.08; Report on Rejected Transaction, TD–F 93.07; TSRA License Application, TD–F 93.04; and Licensing Cover Sheet, TD–F 98– 22.61. Any other information collections covered by this notice do not have mandatory or voluntary forms. Affected Public: Financial institutions, business organizations, individuals, and legal representatives.Estimated Number of Respondents: OFAC’s estimate for the number of unique reporting respondents is approximately 5,600. The significant decrease in the number of unique respondents since OFAC’s last information collection submission regarding the Regulations in 2019 is due to OFAC’s increased use of technology, which has enabled it to consolidate multiple filers within a single institution under one unique identification number assigned to the institution for all reports submitted to OFAC. Previously, OFAC did not have the ability to easily ascertain the number of unique respondents due to different identification numbers being selected for reports filed by different individuals within the same institution, or different branches or offices of the same institution. This inability to uniquely identify all reports associated with one institution led to counting numerous filers that were all associated  with the same institution instead of counting the institutions themselves as unique respondents, resulting in an inflated number of respondents in past information collection submissions. OFAC is now adjusting its number of unique reporting respondents based on its more accurate data set. Frequency of Response: The estimated annual frequency of responses is between 1 and 4,641, varying greatly by entity depending on the size, nature, and scope of business activities of each respondent, with the majority of filers providing a small number of responses and a small number of filers submitting a higher number of responses. Estimated Total Number of Annual Responses: The estimated total number of responses per year is approximately 30,051. Estimated Time per Response: OFAC assesses that there is an average time estimate for reports associated with forms ranging from 15 minutes to 2 hours and for reports associated with general licenses and other miscellaneous reports ranging from 15 minutes to 5 hours. Estimated Total Annual Burden Hours: The estimated total annual reporting burden is approximately 14,752 hours. Request for Comments Comments submitted in response to this notice will be summarized and 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 has 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 required to provide information. Authority: 44 U.S.C. 3501 et seq. Dated: April 5, 2021. Andrea Gacki, Director, Office of Foreign Assets Control. [FR Doc. 2021–07260 Filed 4–7–21; 8:45 am] BILLING CODE 4810–AL–P  DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulation Project 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 general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning health insurance costs of eligible individuals. DATES: Written comments should be received on or before June 7, 2021 to be assured of consideration. ADDRESSES: Direct all written comments to Kinna Brewington, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form should be directed to Kerry Dennis, at (202) 317–5751 or Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at Kerry.Dennis@irs.gov. SUPPLEMENTARY INFORMATION:Title: Health Insurance Costs ofEligible Individuals.OMB Number: 1545–1875.Regulation Project Number: Rev. Proc.2004–12.Abstract: Revenue Procedure 2004–12 informs states how to elect a health program to be qualified health insurance for purposes of the health coverage tax credit (HCTC) under section 35 of the Internal Revenue Code. The collection of information is voluntary. However, if a state does not make an election, eligible residents of the state may be impeded in their efforts to claim the HCTC. Current Actions: There is no change to the revenue procedure, or the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection.Affected Public: States, Local, or Tribal Government.Estimated Number of Respondents:51.Estimated Average Time per Respondent: 30 minutes.Estimated Total Annual Burden Hours: 36. 18374Federal Register / Vol. 86, No. 66 / Thursday, April 8, 2021 / Notices    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. 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: April 2, 2021. Chakinna B. Clemons, Supervisory Tax Analyst. [FR Doc. 2021–07235 Filed 4–7–21; 8:45 am] BILLING CODE 4830–01–P  DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Requesting Comments on Membership Application for Internal Revenue Service Advisory Council (IRSAC) 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 general 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. The IRS is soliciting  comments concerning membership application for Internal Revenue Service Advisory Council. DATES: Written comments should be received on or before June 7, 2021 to be assured of consideration. ADDRESSES: Direct all written comments to Kinna Brewington, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224.You must reference the information collection’s title, form number, reporting or record-keeping requirement number, and OMB number in your comment. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Jon Callahan,(737) 800–7639, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at jon.r.callahan@ irs.gov. SUPPLEMENTARY INFORMATION: Currently, the IRS is seeking comments concerning the following information collection tools, reporting, and record-keeping requirements: Title: Internal Revenue ServiceAdvisory Council MembershipApplication.OMB Number: 1545–1791.Form Number: 12339.Abstract: The Federal Advisory Committee Act (FACA) requires that committee membership be fairly balanced in terms of points of view represented and the functions to be performed. As a result, members of specific committees often have both the expertise and professional skills that parallel the program responsibilities of their sponsoring agencies. Selection of committee members is based on the FACA’s requirements and the potential member’s background and qualifications. Therefore, an application is needed to ascertain the desired skills set for membership. The IRS will also use the information to perform federal income tax, background, and practitioner checks as required of all members and applicants to the Committee or Council. Information provided will be used to qualify or disqualify individuals to serve as members.   Current Actions: There are changes to the existing collection. The Advisory Committee on Tax Exempt and Government Entities and the Information Reporting Program Advisory Committee ceased operating as separate IRS advisory committees and combined with the Internal Revenue Service Advisory Council. Form 12339–  B, Form 12339–C and Form 13775 are obsolete and have been removed from the collection. Type of Review: Revision of a currently approved collection. Affected Public: Individuals or households.Estimated Number of Respondents:125.Estimated Time per Response: 1 hr. 30 min. Estimated Total Annual Burden Hours: 187.5. 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: April 5, 2021. Chakinna B. Clemons, Supervisory Tax Analyst. [FR Doc. 2021–07233 Filed 4–7–21; 8:45 am] BILLING CODE 4830–01–P  DEPARTMENT OF THE TREASURY Office of the Secretary List of Countries Requiring Cooperation With an International Boycott In accordance with section 999(a)(3) of the Internal Revenue Code of 1986,

IRS Seeks Comments on Health Coverage Tax Credit Guidance

IRS Seeks Comments on Health Coverage Tax Credit Guidance

Internal Revenue Service

The IRS has requested comments on guidance (Rev. Proc. 2004-12) on how states elect to have a health coverage program be treated as qualified health insurance for purposes of the health coverage tax credit under section 35. Comments are due by June 7.

The IRS has requested comments on guidance (Rev. Proc. 2004-12) on how states elect to have a health coverage program be treated as qualified health insurance for purposes of the health coverage tax credit under section 35. Comments are due by June 7.

The IRS has requested comments on guidance (<a href="/lr/resolve//ys79">Rev. Proc. 2004-12</a>) on how states elect to have a health coverage program be treated as qualified health insurance for purposes of the health coverage tax credit under section 35. Comments are due by June 7.