30-Day FR Notice

Federal Register / Vol. 90, No. 166 / Friday, August 29, 2025 / Notices
(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 start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Eden Gray,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2025–16633 Filed 8–28–25; 8:45 am]
BILLING CODE 4810–33–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Interagency Guidance on Asset
Securitization Activities
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:

The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning the
renewal of its information collection
titled, ‘‘Interagency Guidance on Asset
Securitization.’’ The OCC also is giving
notice that it has sent the collection to
OMB for review.
DATES: Comments must be received by
September 29, 2025.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.

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SUMMARY:

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• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0217, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 293–4835.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0217’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Written comments and
recommendations for the proposed
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0217’’ or ‘‘Interagency Guidance on
Asset Securitization Activities.’’ Upon
finding the appropriate information
collection, click on the related ‘‘ICR
Reference Number.’’ On the next screen,
select ‘‘View Supporting Statement and
Other Documents’’ and then click on the
link to any comment listed at the bottom
of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,

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(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. The OCC
asks the OMB to extend its approval of
the collection in this notice.
Title: Interagency Guidance on Asset
Securitization Activities.
OMB Control No.: 1557–0217.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Description: In 1999, the OCC issued
the Interagency Guidance on Asset
Securitization Activities (guidance) in
response to a determination that some
institutions involved in asset
securitization activities had significant
weaknesses in their asset securitization
practices. The information collection
contained in the guidance applies to
financial institutions engaged in asset
securitization activities and provides
that any institution engaged in these
activities should maintain a written
asset securitization policy, document
the fair value of retained interests, and
maintain a management information
system to monitor asset securitization
activities. Financial institution
management uses the information
collected to ensure the safe and sound
operation of the institution’s asset
securitization activities. The OCC uses
the information to evaluate the quality
of an institution’s risk management
practices.
Estimated Burden
Estimated Frequency of Response: On
occasion.
Estimated Number of Respondents:
35.
Estimated Total Annual Burden:
1,828 hours.
Comments: On June 23, 2025, the
OCC published a 60-day notice for this
information collection, (90 FR 26677).
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;

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Federal Register / Vol. 90, No. 166 / Friday, August 29, 2025 / Notices

(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 start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Sarah E. Turney,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2025–16651 Filed 8–28–25; 8:45 am]
BILLING CODE 4810–33–P

DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Information Collection
Activities; Comment Request on U.S.
Employment Tax Returns and Related
Forms, Schedules, Attachments, and
Published Guidance
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of Information
Collection; request for comments.
AGENCY:

In accordance with the
Paperwork Reduction Act of 1995, the
IRS is inviting comments on the
information collection request outlined
in this notice.
DATES: Written comments should be
received on or before October 28, 2025
to be assured of consideration.
ADDRESSES: Direct all written comments
to Andres Garcia, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
by email to pra.comments@irs.gov.
Include ‘‘OMB Control No. 1545–0029’’
in the subject line of the message.
FOR FURTHER INFORMATION CONTACT:
View the latest drafts of the tax forms
related to the information collection
listed in this notice at https://
www.irs.gov/draft-tax-forms. Requests
for additional information or copies of
SUMMARY:

this collection should be directed to
Kerry Dennis, (202) 317–5751.
SUPPLEMENTARY INFORMATION: The IRS,
in accordance with the Paperwork
Reduction Act of 1995 (PRA) (44 U.S.C.
3506(c)(2)(A)), provides the general
public and Federal agencies with an
opportunity to comment on proposed,
revised, and continuing collections of
information. This helps the IRS assess
the impact and minimize the burden of
its information collection requirements.
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.
Tax Compliance Burden
Tax compliance burden is defined as
the time and money taxpayers spend to
comply with their tax filing
responsibilities. Time-related activities
include recordkeeping, tax planning,
gathering tax materials, learning about
the law, and completing and submitting
the return. Out-of-pocket costs include
expenses such as purchasing tax
software, paying a third-party preparer,
and printing and postage. Tax
compliance burden does not include a
taxpayer’s tax liability, economic
inefficiencies caused by sub-optimal
choices related to tax deductions or
credits, or psychological costs.
Title: U.S. Employment Tax Returns
and Related Forms, Schedules,
Attachments, and Published Guidance.
OMB Control Number: 1545–0029.
Form Numbers and Published
Guidance: CT–1, CT–1X, CT–2, SS–8,

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Form No.

17:32 Aug 28, 2025

Dated: August 26, 2025.
Kerry Dennis,
Tax Analyst.

Appendix-A: Forms and Schedules

Title

CT–1 ...............................................
CT–1X .............................................
CT–2 ...............................................
SS–8 ...............................................
W–2 .................................................
W–2 AS ...........................................
W–2 C .............................................

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W–2, W–2 AS, W–2 C, W–2 GU, W–2
VI, W–3, W–3 (PR), W–3 C, W–3 C (PR),
W–3 SS, 940, 940 SCH A, 940 SCH R,
941, 941 SCH B, 941 SCH D, 941 SCH
R, 941 X, 943, 943 A, 943 SCH R, 943
X, 944, 944 X, 945, 945 A, 945 X, 2032,
2678, 8027, 8027 T, 8453 EMP, 8850,
8879 EMP, 8922, 8952, 8974 and all
related forms, schedules, and
attachments.
Abstract: These forms, schedules and
attachments are used by employers to
report their employment tax-related
activity. This information collection
covers the burden associated with
preparing and submitting employment
tax returns and related forms, schedules,
and attachments, and complying with
published guidance.
Current Actions: There have been
changes in regulatory guidance related
to various forms approved under this
approval package during the past year.
There have been additions and removals
of forms included in this approval
package. It is anticipated that these
changes will have an impact on the
overall burden and cost estimates
requested for this approval package,
however these estimates were not
finalized at the time of release of this
notice. These estimated figures are
expected to be available by the release
of the 30-day comment notice from
Treasury. This approval package is
being submitted for renewal purposes.
Type of Review: Revision of currently
approved collection.
Affected Public: Employers.
Estimated Number of Respondents:
7,250,000.
Estimated Total Time (Hours):
460,400,000.
Estimated Time per Respondent
(Hours): 63 hours 30 minutes.
Estimated Monetized Time ($):
15,708,000,000.
Estimated Out-of-Pocket Costs ($):
20,077,000,000.
Estimated Total Monetized Burden
($): 35,785,000,000.
Note: Total Monetized Burden = Outof-Pocket Costs + Monetized Time

Employer’s Annual Railroad Retirement Tax Return.
Adjusted Employer’s Annual Railroad Retirement Tax Return or Claim for Refund.
Employee Representative’s Quarterly Railroad Tax Return.
Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding.
Wage and Tax Statement.
American Samoa Wage and Tax Statement.
Corrected Wage and Tax Statement.

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