Change Requests

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Rule 19b-1 (17 CFR 270.19b-1) under the Investment Company Act of 1940 - Frequency of Distribution of Capital Gains

Key Information

Abstract

Rule 19b-1 regulates the frequency of capital gains distributions by registered investment companies.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

15 USC 80a	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Interagency Policy Statement on Funding and Liquidity Risk Management

Key Information

Abstract

The Interagency Policy Statement on Funding and Liquidity Risk Management (Guidance) was issued to provide consistent interagency expectations on sound practices for managing funding and liquidity risk. The Guidance includes a number of voluntary recordkeeping provisions that apply to bank holding companies, savings and loan holding companies, state-licensed branches and agencies of foreign banks (other than insured branches), corporations organized or operating under sections 25 or 25A of the Federal Reserve Act (agreement corporations and Edge corporations), and state member banks (collectively, financial institutions). The recordkeeping provisions relate to liquidity risk management policies, procedures, and assumptions, and contingency funding plans (CFPs).

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

12 USC 324	View Law

12 USC 602	View Law

12 USC 625	View Law

12 USC 1844(c)	View Law

12 USC 1467a(b)(3)	View Law

12 USC 3105(c)(2)	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Nonsupervised Lender's Nomination and Recommendation of Credit Underwriter (VA Form 26-8736a)

Key Information

Abstract

Nonsupervised lender's nomination of credit underwriter to evaluate loans proposed for guaranteed financing under 38 U.S.C. 3710. VA Form 26-8736a supplements lender's application for automatic lending authority pursuant to 38 U.S.C. 3702(d)(3). Information collected aids determination and final action on lender's application.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

38 USC 3702(d)	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Presidential Cybersecurity Education Award

Key Information

Abstract

The Executive Order on America’s Cybersecurity Workforce (Executive Order 13870), signed on May 2, 2019, included a directive for the Secretary of Education, in consultation with the DAPHSCT and the National Science Foundation, to develop and implement an annual Presidential Cybersecurity Education Award to be presented to one elementary and one secondary school educator per year who best instill skills, knowledge, and passion with respect to cybersecurity and cybersecurity-related subjects. This information collection request supports this executive order. This change request is limited to updates to the timeline for submission, clarifying the information that is submitted by applicants and clarifying the review process. There are no changes to reporting and recordkeeping for hour or cost burden.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Rule 17f-7 (17 CFR 270.17f-7) under the Investment Company Act of 1940, Custody of Investment Company Assets with A Foreign Securities Depository

Key Information

Abstract

Rule 17f-7 sets certain requirements for maintaining the assets of a registered management investment company with a foreign securities depository.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

15 USC 80a-17(f)	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Foreign Availability Procedures

Key Information

Abstract

The information voluntarily submitted is necessary to prove foreign availability of a controlled product.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

50 USC 1702	View Law

Pub.L. 96 - 72 5	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Tribal Budget and Narrative Justification Template

Key Information

Abstract

To receive child support funding under 42 U.S.C. 655(f) and 45 CFR Part 309, tribes and tribal organizations must submit the financial forms described in 45 CFR 309.130(b) and other forms as the Secretary may designate, due no later than August 1 annually. The optional Tribal Budget and Narrative Justification Template helps to improve efficiency and establish uniformity and consistency in the annual budget preparation, submission, and review processes. Tribes use the Excel or Word version of the template to prepare and submit the required financial information. On May 30, 2023, OMB approved the extension of the Tribal Budget Narrative Justification Template (OMB #0970-0548) until May 31, 2026. On February 12, 2024, the Federal Register published the Final Rule for the Elimination of the Non-Federal Share. With the approval of the Final Rule for Elimination of the NFS, tribes no longer qualify for Section 1115 Demonstration Grants. Tribal child support programs can pursue demonstration projects using Section 1115 Waivers to provide a service not ordinarily approved by regulation. As part of their Section 1115 waiver request, tribes must provide a budget describing how they will use the funds. Tribes already must provide an annual budget submission to OCSS for their tribal child support program funds. Most tribes use the Tribal Budget Narrative Justification Template (OMB #0970-0548) in Excel when submitting their annual budget. To reduce the administrative burden for tribes requesting a Section 1115 waiver, OCSS made two small changes to the Excel budget template. The first is to add TAB-5A_1115 WAIVER WORKSHEET where they can include the budget for the waiver. This worksheet is a replica of TAB-5_BUDGET WORKSHEET. The second change is adding lines to each other section headers in TAB-5_BUDGET WORKSHEET that includes the totals from the responding sections from TAB-5A_1115 WAIVER WORKSHEET. This allows the totals from the waiver tab to be included in the annual budget submission totals for a complete award amount.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

42 USC 655(f)	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Truth in Lending Act (Regulation Z)

Key Information

Abstract

The Truth in Lending Act (TILA), 15 U.S.C. 1601 et seq., was enacted to foster comparison credit shopping and informed credit decision making by requiring accurate disclosure of the costs and terms of credit to consumers and to protect consumers against inaccurate and unfair credit billing practices. Creditors are subject to disclosure and other requirements that apply to open-end credit (e.g., revolving credit or credit lines) and closed-end credit (e.g., installment financing). TILA imposes disclosure requirements on all types of creditors in connection with consumer credit, including mortgage companies, finance companies, retailers, and credit card issuers, to ensure that consumers are fully apprised of the terms of financing prior to consummation of the transaction and, as applicable, during the loan term.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

15 USC 1601	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

[ATSDR] National Amyotrophic Lateral Sclerosis (ALS) Registry

Key Information

Abstract

As mandated by Congress, the goal is to continue collecting data for the National Amyotrophic Lateral Sclerosis (ALS) Registry to better describe the incidence and prevalence of ALS and to identify risk factors for the disease. ATSDR endeavors to improve the completeness, representativeness, and accuracy of the Registry data over time. This change request involves minor changes to a consent form and addition of incentives.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

Pub.L. 110 - 373 2	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Developmental Projects to Improve the National Health and Nutrition Examination Survey and Similar Programs

Key Information

Abstract

The mission of the Division of Health and Nutrition Examination Survey (DHNES) is to produce descriptive statistics that measure the health and nutrition status of the general population. The continuous operation of DHNES programs presents unique challenges in testing new survey content and data collection activities, such as outreach or participant screening etc. This generic request covers developmental projects to help evaluate and enhance DHNES existing and proposed data collection activities to increase research capacity and improve data quality, as well as developmental projects for similar NCHS data collections.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

42 USC 242	View Law

Pub.L. 101 - 445 103	View Law

Pub.L. 104 - 170 301	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Inflation Reduction Act Wage Rates and Wage Determinations

Key Information

Abstract

On August 16, 2022, President Biden signed H.R. 5376 (P.L. 117-169), a budget reconciliation measure commonly referred to as the “Inflation Reduction Act of 2022” (IRA). IRA contains several sections that contain some provisions which extend or modify tax credit provisions associated with meeting prevailing wage requirements. The Department created this ICR in coordination with the U.S. Department of Treasury as they issued guidance triggering the availability of enhanced tax provisions for certain energy projects in which prevailing wages (as most recently determined by the Secretary of Labor in accordance with the Davis-Bacon Act) are paid and registered apprentices are employed.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

Pub.L. 117 - 169 13102	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

The Funeral Rule

Key Information

Abstract

The FTC seeks to extend for an additional three years the current Paperwork Reduction Act clearance for information collection requirements contained in its Funeral Industry Practice Rule ("Rule"). The Rule ensures that consumers who purchase funeral goods and services have accurate information about the terms and conditions for such goods and services. The Rule requires that funeral providers disclose this information to consumers and maintain records to facilitate enforcement of the Rule.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

15 USC 57a	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Regulations Governing Practice Before the Internal Revenue Service

Key Information

Abstract

This document contains final regulations revising the regulations governing practice before the Internal Revenue Service (Circular 230). These regulations affect individuals who practice before the Internal Revenue Service. The regulations set forth best practices for tax advisors providing advice to taxpayers relating to Federal tax issues or submissions to the IRS, and also provide standards for covered opinions and other written advice. These disclosures will ensure that taxpayers are provided with adequate information regarding the limits of tax shelter advice that they receive, and also ensure that practitioners properly advise of taxpayers of relevant information with respect to tax shelter opinions.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

26 USC 330	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Recordkeeping and Disclosure Requirements Associated with CFPB's Regulation E

Key Information

Abstract

Since 2011, the Consumer Financial Protection Bureau (CFPB) has been responsible for issuing most of the Electronic Fund Transfer Act (EFTA) regulations that apply to financial institutions and other entities (except for certain motor vehicle dealers), other than the EFTA provisions governing debit card interchange fees and routing of debit card transactions. However, the Board continues to be responsible under the Paperwork Reduction Act (PRA) for implementing the information collections mandated by the CFPB’s Regulation E - Electronic Fund Transfers for institutions that are supervised by the Board.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

15 USC 1693b	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Interest Charge on DISC-Related Deferred Tax Liability

Key Information

Abstract

Shareholders of Interest Charge Domestic International Sales Corporations (IC-DISCs) use Form 8404 to figure and report an interest charge on their DISC-related deferred tax liability. The interest charge is required by Internal Revenue Code section 995(f). IRS uses Form 8404 to determine whether the shareholder has correctly figured and paid the interest charge on a timely basis.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

26 USC 995(f)	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Federal-State Unemployment Insurance Program Data Exchange Standardization

Key Information

Abstract

The Department is required by the Middle Class Tax Relief and Job Creation Act of 2012 to designate eXtensible Markup Language (XML) as a data exchange standard. The data exchange standards help improve the interoperability of these systems that collect and exchange information for UI administrative purposes. Through this regulation, the Department makes use of data exchange standards for ICON and SIDES. To improve UI program operations by states, the Department has been the facilitating entity for development and implementation of automated systems that states may adopt for efficiently processing claims and improving program integrity. These automated systems, which have been developed through a collaborative effort with states and the National Association of Workforce Agencies (NASWA), have replaced manual paper processing with automated exchanges of information between states as well as those between states and employers. The Department provides funding to facilitate the development and implementation of these automated systems, and encourages the use of these systems by states. The Federal requirement to use this standard requires the Department to establish, through regulation, that all such exchanges of electronic information must use XML to comply with the Act.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

42 USC 1111	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Social Security Office (SSO) Report of State Buy-in Problems (CMS-1957)

Key Information

Abstract

The CMS-1957 is issued to facilitate communications among the Social Security District Offices, Medicaid State Agencies and CMS Central Office in the resolution of beneficiary entitlement under State Buy-in. It's used when a problem arises which cannot be resolved through the normal data exchange.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

42 USC 1395v	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Workforce Information Grants to States (WIGS)

Key Information

Abstract

This information collection for the Workforce Information Grants to States (WIGS) ensures the U.S. Department of Labor (DOL) Secretary meets WIOA requirements, and the states complete grant deliverables such as state economic analyses or special workforce information/economic studies, and the annual performance report.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

Pub.L. 113 - 128 101; 308	View Law

29 USC 49b(c)(4)	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Extension of Special Withdrawal Liability Rules (29 CFR Part 4203)

Key Information

Abstract

Under 29 USC sections 1383(f) and 1388(e)(3), this regulation allows multiemployer pension plans to adopt special withdrawal rules with PBGC approval and prescribes information PBGC needs to determine whether special rules meet statutory requirements. Plan sponsors submit the information and PBGC uses it in deciding whether the requirements are met.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

29 USC 4208	View Law

29 USC 4203	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Law School Clinic Certification Program

Key Information

Abstract

Public Law 113–227 (Dec. 16, 2014) requires the United States Patent and Trademark Office (USPTO) to establish regulations and procedures for application to, and participation in, the USPTO Law School Clinic Certification Program (LSCCP). The LSCCP Program allows students enrolled in a participating law school’s clinic to practice patent or trademark law before the USPTO under the direct supervision of a faculty clinic supervisor. Each clinic provides legal services on a pro bono basis for clients who qualify for assistance from the law school’s clinic. By drafting, filing, and prosecuting patent and trademark applications, students gain valuable experience that would otherwise be unavailable to them while in law school. The program also facilitates the provision of pro bono services to trademark and patent applicants who lack the financial resources necessary for traditional legal representation. In 2020, there were 60 law schools participating. This information collection covers the applications from law schools that wish to enter the program, faculty advisors who seek to become a faculty clinic supervisor, and students who seek to participate in this program. The information collection also includes the required biannual reports from participating law school clinics and biennial renewals required by the program as well as the request to make special under the Law School Clinic Certification Program, which allows a limited number of applications per semester to be advanced out of turn (accorded special status) for examination if the applicant makes the appropriate showing, to provide law students with practical experience as they will be more likely to receive substantive examination of applications within the school year that the application is filed.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

Pub.L. 113 - 227 1	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

[NCIPC] Monitoring and Reporting for the Overdose Data to Action Cooperative Agreement

Key Information

Abstract

This is a revision request for the previously approved ICR to continue collecting program monitoring and reporting information from jurisdictions (which include states, Washington, D.C., U.S. Territories, cities, and counties) currently funded under the Overdose Data to Action (CDC-RFA-CE19-1904) notice of funding opportunity (OD2A NOFO). Reporting requirements have been carefully designed to align with and support the specific goals and outcomes outlined in the OD2A NOFO. This revision request is to initiate data collection activities for two new Overdose Data to Action NOFOs, the Overdose Data to Action in States (OD2A-S) will collect program monitoring and reporting information from states and Washington, D.C. The Overdose Data to Action-Limiting Overdose through Collaborative Actions in Localities (OD2A-LOCAL) will collect program monitoring and reporting information from U.S. Territories, cities, and counties. This non substantive change request updates questions used in OMB 0920-1283 Monitoring and Reporting for the Overdose Data to Action Cooperative Agreement to be in accordance with E.O. 14168 & E.O. 14151.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

42 USC 241	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

[NCBDDD] CDC's Milestone Tracker App User Surveys

Key Information

Abstract

CDC’s Learn the Signs. Act Early. (LTSAE) program promotes family-engaged developmental monitoring of children and aims to improve early identification of autism and other developmental disabilities so that children and families receive the services and support they need. The purpose of this information collection is to improve understanding of how parents and early childhood providers/professionals use the CDC Milestone Tracker app, whether they like the app, and what steps are taken if there are concerns about a child’s development or a missed developmental milestone. The surveys will be collected electronically via a secured online survey platform, in English or Spanish. Findings from the user surveys will be used to make necessary improvements to the app.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

42 USC 241	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

NRC Form 327, Special Nuclear Material (SNM) and Source Material (SM) Physical Inventory Summary Report, and NUREG/BR-0096, Instructions and Guidance for Completing Physical Inventory

Key Information

Abstract

NRC Form 327 is submitted by certain fuel cycle facility licensees to account for SNM. The data is used by the NRC to assess licensee material control and accounting programs and to confirm the absence of (or detect the occurrence of) SNM theft or diversion. NUREG/BR–0096 provides guidance and instructions for completing the form in accordance with the requirements appropriate for a particular licensee.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

Pub.L. 83 - 703 68 STAT 919	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Request to Show Cause for Failure to Appear

Key Information

Abstract

When claimants who request a hearing before a judge fail to appear at their scheduled hearing, the judge may reschedule the hearing if the claimants establish good cause for missing the hearing. To establish good cause, following: (1) SSA did not properly notify the claimant of the hearing, or (2) an unexpected event occurred without sufficient time for the claimant to request a postponement. The claimants can use paper Form HA-L90 or HA-L90-OP1 to provide their reason for not appearing at their scheduled hearings; or the claimants’ representatives can use Electronic Records Express (ERE), OMB Control No. 0960-0753, to submit the forms online. SSA uses the HA-L90 for new cases, and the HA-L90-OP1 for redeterminations cases. We need two versions of the paper form, as the judge follows different procedures when determining the good cause on redetermination cases (cases that have a prior decision and evidence on file), than they do for new cases (where we have no evidence on file). If the judge determines the claimants established good cause for failure to appear at the hearing, the judge will schedule a supplemental hearing; if not, the judge will make a claims eligibility determination based on the claimants’ evidence of record. Respondents are claimants, or their representatives, seeking to establish good cause for failure to appear at a scheduled hearing before a judge.

Federal Register Notices

60-Day FRN	View Notice
30-Day FRN	View Notice

Authorizing Statutes

42 USC 405	View Law

Presidential Action:

Title:

Reference Number:

Omb Control Number:

Agency:

Received:

Concluded:

Action:

Request Type:

Advance Election to Participate Under Section 25F

Key Information

Abstract

Section 25F of the Internal Revenue Code (IRC) allows for State to voluntarily elect to participate in advance of providing to the Internal Revenue Service (IRS) a list of the scholarship granting organizations (SGOs) that meet the requirements of IRC section 25F(c)(5) and are located in the State. Form 15714 provides an authorized State representative an easy method to elect participation under IRC section 25F. Revenue Procedure 2025-XX provides guidance regarding a procedure for a State to voluntarily elect to participate under IRC section 25F.Emergency Justfication:The Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) are requesting, under emergency procedures, a new OMB Control Number 1545-NEW in connection with implementing section 70411 of Public Law 119-21, 139 Stat. 72, 176 (July 4, 2025), commonly known as the One, Big, Beautiful Bill Act (OBBBA). Section 70411 of the OBBBA enacted a new nonrefundable income tax credit (§ 25F credit) under 26 U.S.C. 25F allowable to a taxpayer for a qualified contribution made to a scholarship granting organization (SGO) in a covered state by an individual who is a U.S. citizen or resident under 26 U.S.C. 7701(a)(9). A “covered state” is defined as one of the 50 States or the District of Columbia (State), that, for a calendar year, voluntarily elects to participate under § 25 and provides a list that identifies SGOs in the State for the applicable calendar year. For an individual’s contribution to an SGO to be a qualified contribution eligible for a § 25F credit for a given calendar year, a State must thus voluntarily elect to participate under § 25F and have identified the SGO in accordance with § 25F(g). Section 25F(g)(1) provides that a State that voluntarily elects to participate under § 25F must provide a list of SGOs that meet the requirements described in § 25F(c)(5) and are located in the State by “January 1 of each calendar year (or, with respect to the first calendar year for which this section applies [i.e., 2027], as early as practicable).” The Treasury Department and the IRS have received several comments from States and other stakeholders from around the country regarding the urgency of allowing States to make Advance Elections to identify as a covered state in advance of submitting its SGO list. Specifically, commenters stated that Advance Elections as early as January 1, 2026 are critical to ensuring SGOs can be established and ready to operate by January 1, 2027; that SGOs need time to establish infrastructure and attract donors prior to January 1, 2027; and that potential SGOs need sufficient time to prepare for the commencement of this new tax credit in 2027 by organizing themselves to as valid SGOs, starting to solicit contributions to be received in early 2027, and developing processes to identify and award scholarships in accordance with § 25F. Any potential SGO would be unwilling to invest the necessary effort and cost in commencing these activities without first knowing that a State will be a covered state. Commenters asked that the period for a State to make an Advance Election begin January 1, 2026, to allow time necessary for States, SGOs, parents, students, and donors to prepare for the 2027 inaugural year. To respond to this immediate need of States and SGOs, Rev. Proc. 2025-XX provides procedures for States to make an “Advance Election” to participate under § 25F, beginning on January 1, 2026, which is critical for many States to identify as a covered state in advance of providing the State’s list of SGOs for 2027. Specifically, section 4 of Rev. Proc. 2025-XX allows States to make an Advance Election by submitting Form 15714 on or after January 1, 2026, in advance of the submission of the State’s SGO list for calendar year 2027. Form 15714 for calendar year 2027, and submission instructions, will be available before January 1, 2026, at www.irs.gov. The IRS needs to release Rev. Proc. 2025-XX and Form 15714 as soon as possible so that States have the option to make an Advance Election as early as January 1, 2026, for the benefit of all relevant stakeholders.

Authorizing Statutes

Presidential Action: