80_FR_34757 80 FR 34641 - Proposed Agency Information Collection Activities; Comment Request

80 FR 34641 - Proposed Agency Information Collection Activities; Comment Request

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 116 (June 17, 2015)

Page Range34641-34643
FR Document2015-14862

On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act (PRA), to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the PRA Submission, supporting statements and approved collection of information instruments are placed into OMB's public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number.

Federal Register, Volume 80 Issue 116 (Wednesday, June 17, 2015)
[Federal Register Volume 80, Number 116 (Wednesday, June 17, 2015)]
[Notices]
[Pages 34641-34643]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-14862]


-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its approval authority under the Paperwork Reduction Act (PRA), 
to approve of and assign OMB control numbers to collection of 
information requests and requirements conducted or sponsored by the 
Board. Board-approved collections of information are incorporated into 
the official OMB inventory of currently approved collections of 
information. Copies of the PRA Submission, supporting statements and 
approved collection of information instruments are placed into OMB's 
public docket files. The Federal Reserve may not conduct or sponsor, 
and the respondent is not required to respond to, an information 
collection that has been extended, revised, or implemented on or after 
October 1, 1995, unless it displays a currently valid OMB control 
number.

DATES: Comments must be submitted on or before August 17, 2015.

ADDRESSES: You may submit comments, identified by Form 1522/1523, 
Form1680/1681/1682/1683, or Form H(e), by any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Robert deV. Frierson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room 
3515, 1801 K Street (between 18th and 19th Streets NW.) Washington, DC 
20006 between 9:00 a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235 725 17th Street NW., Washington, DC 20503 or by 
fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, once approved. These documents will also be made 
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi- Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551 (202) 452-3829. Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors 
of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION:

Request for Comment on Information Collection Proposal

    The following information collection, which is being handled under 
this delegated authority, has received initial Board approval and is 
hereby published for comment. At the end of the comment period, the 
proposed information collection, along with an analysis of comments and 
recommendations received, will be submitted to the Board for final 
approval under OMB delegated authority. Comments are invited on the 
following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information 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,

[[Page 34642]]

and purchase of services to provide information.

Proposal To Approve Under OMB Delegated Authority the Extension for 
Three Years, Without Revision, of the Following Reports

    1. Report title: Notice of Mutual Holding Company Reorganization 
and the Application for Approval of a Minority Stock Issuance by a 
Savings Association Subsidiary of a Mutual Holding Company.
    Agency form number: Form 1522; Form 1523.
    OMB control number: 7100-0340.
    Frequency: On occasion.
    Reporters: Mutual savings associations and savings association 
subsidiaries or subsidiary holding companies of a mutual holding 
company.
    Estimated annual reporting hours: Form 1522: 400 hours; Form 1523: 
1,050 hours.
    Estimated average hours per response: Form 1522: 400 hours; Form 
1523: 350 hours.
    Number of respondents: Form 1522: 1; Form 1523: 3.
    General description of report: Forms 1522 and 1523 are mandatory 
and authorized pursuant to section 10 of the Home Owners' Loan Act 
(HOLA). Section 10 of HOLA (``Regulations of holding companies'') 
provides generally that ``[t]he Board is authorized to issue such 
regulations . . . as the Board deems necessary or appropriate to enable 
the Board to administer and carry out the purposes of this section, and 
to require compliance therewith and prevent evasions thereof.'' (12 
U.S.C. 1467a(g)(1)). With respect to mutual holding companies, HOLA 
states that a mutual holding company ``shall be subject to such 
regulations as the Board may prescribe.'' (12 U.S.C. 1467a(o)(7)). 
Section 10 of HOLA also requires a savings and loan holding company to 
file ``such reports as may be required by the Board'' and provides that 
such reports ``shall contain such information concerning the operations 
of such savings and loan holding company and its subsidiaries as the 
Board may require.'' (12 U.S.C. 1467a(b)(2)).
    The information on Forms 1522 and 1523 generally not considered 
confidential. However, the notificant or applicant may request 
confidential treatment for portions of these forms pursuant to 
exemption 4 of the Freedom of Information Act, (5 U.S.C. 552(b)(4)) if 
it believes disclosure of those portions would likely result in 
substantial competitive harm. All such requests for confidential 
treatment would need to be reviewed on a case-by-case basis and in 
response to a specific request for disclosure.
    Abstract: Any mutual savings association that wishes to reorganize 
to form a mutual holding company must submit a notice (Form 1522) to 
the Federal Reserve. The notice provides details of the reorganization 
plan, which is to be approved by the majority of the association's 
board of directors and any acquired association. Details of the 
reorganization plan should contain a complete description of all 
significant terms of the proposed reorganization, shall attach and 
incorporate any Stock Issuance Plan proposed in connection with the 
reorganization plan and comply with other informational requirements 
specified in (12 CFR 239.6).
    Any savings association subsidiary or subsidiary holding company of 
a mutual holding company must file an application (Form 1523) for 
minority stock issuance. Minority stock issuances applications are 
required to provide the Federal Reserve with information to determine 
whether mutual holding companies and their subsidiaries are conducting 
insider abuse or unsafe and unsound practices.
    The Federal Reserve intends to update and revise the Notice and 
Application to conform to Federal Reserve standards in the near future.
    2. Report title: Application for Conversion, Proxy Statement, 
Offering Circular, and Order Form.
    Agency form number: Form 1680, Form 1681, Form 1682, Form 1683.
    OMB control number: 7100-0335.
    Frequency: On occasion.
    Reporters: Mutual holding companies.
    Estimated annual reporting hours: Form 1680: 2,990 hours; Form 
1681: 50 hours; Form 1682: 1,50 hours; Form 1683: 10 hours.
    Estimated average hours per response: Form 1680: 299 hours; Form 
1681: 500 hours; Form 1682: 150 hours; Form 1683: 1 hour.
    Number of respondents: Form 1680: 10; Form 1681: 10; Form 1682: 10; 
Form 1683: 10.
    General description of report: The mutual stock conversion forms 
are mandatory and authorized by Home Owners' Loan Act (HOLA) section 
10, which provides generally that ``the Board is authorized to issue 
such regulations . . . as the Board deems necessary or appropriate to 
enable the Board to administer and carry out the purposes of this 
section, and to require compliance therewith and prevent evasions 
thereof.'' (12 U.S.C. 1467a(g)(1)). With respect to mutual holding 
companies, HOLA states that a mutual holding company ``shall be subject 
to such regulations as the Board may prescribe.'' (12 U.S.C. 
1467a(o)(7)). Section 10 of HOLA also requires a savings and loan 
holding company to file ``such reports as may be required by the 
Board'' and provides that such reports ``shall contain such information 
concerning the operations of such savings and loan holding company and 
its subsidiaries as the Board may require.'' (12 U.S.C. 1467a(b)(2).
    Forms 1681, 1682, and 1683 are distributed to the owners of the 
mutual holding company; no issues of confidentiality should arise in 
connection with these forms. One of the elements required for the 
application on Form 1680 is a consolidated business plan showing how 
the capital acquired in the conversion will be used. Business plans are 
not considered confidential, although the applicant may request 
confidential treatment pursuant to sections (b)(4), of the Freedom of 
Information Act (5 U.S.C. 552(b)(4),) for portions of the business plan 
if disclosure would likely result in substantial competitive harm. All 
such requests for confidential treatment would need to be reviewed on a 
case-by-case basis and in response to a specific request for 
disclosure.
    Abstract: Sections 5(i) (standard conversions) and 5(p) 
(supervisory conversions) of HOLA authorize mutual to stock 
conversions. The four individual forms are all one-time submissions 
that are used by mutual holding companies requesting approval to 
convert to a stock institution. The Federal Reserve intends to update 
and revise the mutual stock conversion application forms to conform to 
Federal Reserve standards in the near future.
    3. Report title: Savings and Loan Holding Company Application.
    Agency form number: Form H-(e).
    OMB control number: 7100-0336.
    Frequency: On occasion.
    Reporters: Entities seeking prior approval to become a savings and 
loan holding company (SLHC).
    Estimated annual reporting hours: 6,000 hours.
    Estimated average hours per response: 500 hours.
    Number of respondents: 12.
    General description of report: The Savings and Loan Holding Company 
Application is mandatory and authorized pursuant to section 10 of HOLA, 
which provides that ``the Board is authorized to issue such regulations 
. . . as the Board deems necessary or appropriate to enable the Board 
to administer and carry out the purposes of this sections, and require 
compliance therewith and prevent evasions

[[Page 34643]]

thereof.'' (12 U.S.C. 1467a(g)(1)). Section 10 of HOLA also requires a 
savings and loan holding company to file ``such reports as may be 
required by the Board'' and provides that such reports ``shall contain 
such information concerning the operations of such savings and loan 
holding company and its subsidiaries as the Board may require (12 
U.S.C. 1467a(b)(2).
    The information on Form H-(e) is not considered confidential unless 
the applicant requests confidential treatment pursuant to exemption 4 
or 6 of the Freedom of Information Act (5 U.S.C. 552(b)(4),(6)). All 
such requests for confidential treatment would need to be reviewed on a 
case-by-case basis and in response to a specific request for 
disclosure.
    Abstract: The Federal Reserve analyzes each holding company 
application to determine whether the applicant meets the statutory 
criteria set forth in section 10(e) of the Home Owners' Loan Act (Act), 
as amended, to become a savings and loan holding company. The 
applications are reviewed for adequacy of answers to items and 
completeness in all material respects. The applications are event-
generated and provide the Federal Reserve with information necessary to 
evaluate the proposed transaction. The Federal Reserve intends to 
update and revise the Application forms to conform to Federal Reserve 
standards in the near future.

    Board of Governors of the Federal Reserve System, June 12, 2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015-14862 Filed 6-16-15; 8:45 am]
 BILLING CODE 6210-01-P



                                                                                 Federal Register / Vol. 80, No. 116 / Wednesday, June 17, 2015 / Notices                                             34641

                                                    considered which are not sent within                    FEDERAL RESERVE SYSTEM                                 Washington, DC 20006 between 9:00
                                                    this time frame.                                                                                               a.m. and 5:00 p.m. on weekdays.
                                                      Dated: June 11, 2015.
                                                                                                            Proposed Agency Information                              Additionally, commenters may send a
                                                                                                            Collection Activities; Comment                         copy of their comments to the OMB
                                                    Federal Deposit Insurance Corporation.
                                                                                                            Request                                                Desk Officer—Shagufta Ahmed—Office
                                                    Robert E. Feldman,
                                                                                                            AGENCY:   Board of Governors of the                    of Information and Regulatory Affairs,
                                                    Executive Secretary.                                                                                           Office of Management and Budget, New
                                                    [FR Doc. 2015–14773 Filed 6–16–15; 8:45 am]             Federal Reserve System.
                                                                                                                                                                   Executive Office Building, Room 10235
                                                                                                            SUMMARY: On June 15, 1984, the Office
                                                    BILLING CODE 6714–01–P                                                                                         725 17th Street NW., Washington, DC
                                                                                                            of Management and Budget (OMB)
                                                                                                                                                                   20503 or by fax to (202) 395–6974.
                                                                                                            delegated to the Board of Governors of
                                                                                                            the Federal Reserve System (Board) its                 FOR FURTHER INFORMATION CONTACT: A
                                                                                                            approval authority under the Paperwork                 copy of the PRA OMB submission,
                                                    FEDERAL RESERVE SYSTEM
                                                                                                            Reduction Act (PRA), to approve of and                 including the proposed reporting form
                                                    Formations of, Acquisitions by, and                     assign OMB control numbers to                          and instructions, supporting statement,
                                                    Mergers of Bank Holding Companies                       collection of information requests and                 and other documentation will be placed
                                                                                                            requirements conducted or sponsored                    into OMB’s public docket files, once
                                                      The companies listed in this notice                   by the Board. Board-approved                           approved. These documents will also be
                                                    have applied to the Board for approval,                 collections of information are                         made available on the Federal Reserve
                                                    pursuant to the Bank Holding Company                    incorporated into the official OMB                     Board’s public Web site at: http://
                                                    Act of 1956 (12 U.S.C. 1841 et seq.)                    inventory of currently approved                        www.federalreserve.gov/apps/
                                                    (BHC Act), Regulation Y (12 CFR part                    collections of information. Copies of the              reportforms/review.aspx or may be
                                                    225), and all other applicable statutes                 PRA Submission, supporting statements                  requested from the agency clearance
                                                    and regulations to become a bank                        and approved collection of information                 officer, whose name appears below.
                                                    holding company and/or to acquire the                   instruments are placed into OMB’s                        Federal Reserve Board Clearance
                                                    assets or the ownership of, control of, or              public docket files. The Federal Reserve               Officer—Nuha Elmaghrabi– Office of the
                                                    the power to vote shares of a bank or                   may not conduct or sponsor, and the                    Chief Data Officer, Board of Governors
                                                    bank holding company and all of the                     respondent is not required to respond                  of the Federal Reserve System,
                                                    banks and nonbanking companies                          to, an information collection that has                 Washington, DC 20551 (202) 452–3829.
                                                    owned by the bank holding company,                      been extended, revised, or implemented                 Telecommunications Device for the Deaf
                                                    including the companies listed below.                   on or after October 1, 1995, unless it                 (TDD) users may contact (202) 263–
                                                      The applications listed below, as well                displays a currently valid OMB control                 4869, Board of Governors of the Federal
                                                    as other related filings required by the                number.                                                Reserve System, Washington, DC 20551.
                                                    Board, are available for immediate                      DATES: Comments must be submitted on                   SUPPLEMENTARY INFORMATION:
                                                    inspection at the Federal Reserve Bank                  or before August 17, 2015.
                                                    indicated. The applications will also be                                                                       Request for Comment on Information
                                                                                                            ADDRESSES: You may submit comments,                    Collection Proposal
                                                    available for inspection at the offices of              identified by Form 1522/1523,
                                                    the Board of Governors. Interested                      Form1680/1681/1682/1683, or Form                         The following information collection,
                                                    persons may express their views in                      H(e), by any of the following methods:                 which is being handled under this
                                                    writing on the standards enumerated in                    • Agency Web site: http://                           delegated authority, has received initial
                                                    the BHC Act (12 U.S.C. 1842(c)). If the                 www.federalreserve.gov. Follow the                     Board approval and is hereby published
                                                    proposal also involves the acquisition of               instructions for submitting comments at                for comment. At the end of the comment
                                                    a nonbanking company, the review also                   http://www.federalreserve.gov/apps/                    period, the proposed information
                                                    includes whether the acquisition of the                 foia/proposedregs.aspx.                                collection, along with an analysis of
                                                    nonbanking company complies with the                      • Federal eRulemaking Portal: http://                comments and recommendations
                                                    standards in section 4 of the BHC Act                   www.regulations.gov. Follow the                        received, will be submitted to the Board
                                                    (12 U.S.C. 1843). Unless otherwise                      instructions for submitting comments.                  for final approval under OMB delegated
                                                    noted, nonbanking activities will be                      • Email: regs.comments@                              authority. Comments are invited on the
                                                    conducted throughout the United States.                 federalreserve.gov. Include OMB                        following:
                                                      Unless otherwise noted, comments                      number in the subject line of the                        a. Whether the proposed collection of
                                                    regarding each of these applications                    message.                                               information is necessary for the proper
                                                    must be received at the Reserve Bank                       • FAX: (202) 452–3819 or (202) 452–                 performance of the Federal Reserve’s
                                                    indicated or the offices of the Board of                3102.                                                  functions; including whether the
                                                    Governors not later than July 13, 2015.                    • Mail: Robert deV. Frierson,                       information has practical utility;
                                                      A. Federal Reserve Bank of Chicago                    Secretary, Board of Governors of the                     b. The accuracy of the Federal
                                                    (Colette A. Fried, Assistant Vice                       Federal Reserve System, 20th Street and                Reserve’s estimate of the burden of the
                                                    President), 230 South LaSalle Street,                   Constitution Avenue NW., Washington,                   proposed information collection,
                                                    Chicago, Illinois 60690–1414:                           DC 20551.                                              including the validity of the
                                                      1. Heartland Financial USA, Inc.,                        All public comments are available                   methodology and assumptions used;
                                                    Dubuque, Iowa; to acquire 100 percent                   from the Board’s Web site at http://                     c. Ways to enhance the quality,
                                                                                                            www.federalreserve.gov/apps/foia/                      utility, and clarity of the information to
asabaliauskas on DSK5VPTVN1PROD with NOTICES




                                                    of the voting shares of First Scottsdale
                                                    Bank, N.A., Scottsdale, Arizona.                        proposedregs.aspx as submitted, unless                 be collected;
                                                                                                            modified for technical reasons.                          d. Ways to minimize the burden of
                                                      Board of Governors of the Federal Reserve             Accordingly, your comments will not be                 information collection on respondents,
                                                    System, June 12, 2015.                                  edited to remove any identifying or                    including through the use of automated
                                                    Margaret McCloskey Shanks,                              contact information. Public comments                   collection techniques or other forms of
                                                    Deputy Secretary of the Board.                          may also be viewed electronically or in                information technology; and
                                                    [FR Doc. 2015–14851 Filed 6–16–15; 8:45 am]             paper form in Room 3515, 1801 K Street                   e. Estimates of capital or start up costs
                                                    BILLING CODE 6210–01–P                                  (between 18th and 19th Streets NW.)                    and costs of operation, maintenance,


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                                                    34642                        Federal Register / Vol. 80, No. 116 / Wednesday, June 17, 2015 / Notices

                                                    and purchase of services to provide                     reviewed on a case-by-case basis and in                mutual holding company ‘‘shall be
                                                    information.                                            response to a specific request for                     subject to such regulations as the Board
                                                                                                            disclosure.                                            may prescribe.’’ (12 U.S.C. 1467a(o)(7)).
                                                    Proposal To Approve Under OMB                              Abstract: Any mutual savings                        Section 10 of HOLA also requires a
                                                    Delegated Authority the Extension for                   association that wishes to reorganize to               savings and loan holding company to
                                                    Three Years, Without Revision, of the                   form a mutual holding company must                     file ‘‘such reports as may be required by
                                                    Following Reports                                       submit a notice (Form 1522) to the                     the Board’’ and provides that such
                                                       1. Report title: Notice of Mutual                    Federal Reserve. The notice provides                   reports ‘‘shall contain such information
                                                    Holding Company Reorganization and                      details of the reorganization plan, which              concerning the operations of such
                                                    the Application for Approval of a                       is to be approved by the majority of the               savings and loan holding company and
                                                    Minority Stock Issuance by a Savings                    association’s board of directors and any               its subsidiaries as the Board may
                                                    Association Subsidiary of a Mutual                      acquired association. Details of the                   require.’’ (12 U.S.C. 1467a(b)(2).
                                                    Holding Company.                                        reorganization plan should contain a                      Forms 1681, 1682, and 1683 are
                                                       Agency form number: Form 1522;                       complete description of all significant                distributed to the owners of the mutual
                                                    Form 1523.                                              terms of the proposed reorganization,                  holding company; no issues of
                                                       OMB control number: 7100–0340.                       shall attach and incorporate any Stock                 confidentiality should arise in
                                                       Frequency: On occasion.                              Issuance Plan proposed in connection                   connection with these forms. One of the
                                                       Reporters: Mutual savings                            with the reorganization plan and                       elements required for the application on
                                                    associations and savings association                    comply with other informational                        Form 1680 is a consolidated business
                                                    subsidiaries or subsidiary holding                      requirements specified in (12 CFR                      plan showing how the capital acquired
                                                    companies of a mutual holding                           239.6).                                                in the conversion will be used. Business
                                                    company.                                                   Any savings association subsidiary or               plans are not considered confidential,
                                                       Estimated annual reporting hours:                    subsidiary holding company of a mutual                 although the applicant may request
                                                    Form 1522: 400 hours; Form 1523: 1,050                  holding company must file an                           confidential treatment pursuant to
                                                    hours.                                                  application (Form 1523) for minority                   sections (b)(4), of the Freedom of
                                                       Estimated average hours per response:                stock issuance. Minority stock issuances               Information Act (5 U.S.C. 552(b)(4),) for
                                                    Form 1522: 400 hours; Form 1523: 350                    applications are required to provide the               portions of the business plan if
                                                    hours.                                                  Federal Reserve with information to
                                                       Number of respondents: Form 1522: 1;                                                                        disclosure would likely result in
                                                                                                            determine whether mutual holding                       substantial competitive harm. All such
                                                    Form 1523: 3.
                                                       General description of report: Forms                 companies and their subsidiaries are                   requests for confidential treatment
                                                    1522 and 1523 are mandatory and                         conducting insider abuse or unsafe and                 would need to be reviewed on a case-
                                                    authorized pursuant to section 10 of the                unsound practices.                                     by-case basis and in response to a
                                                                                                               The Federal Reserve intends to update               specific request for disclosure.
                                                    Home Owners’ Loan Act (HOLA).
                                                                                                            and revise the Notice and Application to                  Abstract: Sections 5(i) (standard
                                                    Section 10 of HOLA (‘‘Regulations of
                                                                                                            conform to Federal Reserve standards in                conversions) and 5(p) (supervisory
                                                    holding companies’’) provides generally
                                                                                                            the near future.                                       conversions) of HOLA authorize mutual
                                                    that ‘‘[t]he Board is authorized to issue                  2. Report title: Application for
                                                    such regulations . . . as the Board                                                                            to stock conversions. The four
                                                                                                            Conversion, Proxy Statement, Offering                  individual forms are all one-time
                                                    deems necessary or appropriate to                       Circular, and Order Form.
                                                    enable the Board to administer and                                                                             submissions that are used by mutual
                                                                                                               Agency form number: Form 1680,                      holding companies requesting approval
                                                    carry out the purposes of this section,                 Form 1681, Form 1682, Form 1683.
                                                    and to require compliance therewith                                                                            to convert to a stock institution. The
                                                                                                               OMB control number: 7100–0335.                      Federal Reserve intends to update and
                                                    and prevent evasions thereof.’’ (12                        Frequency: On occasion.
                                                    U.S.C. 1467a(g)(1)). With respect to                                                                           revise the mutual stock conversion
                                                                                                               Reporters: Mutual holding companies.                application forms to conform to Federal
                                                    mutual holding companies, HOLA states                      Estimated annual reporting hours:
                                                    that a mutual holding company ‘‘shall                                                                          Reserve standards in the near future.
                                                                                                            Form 1680: 2,990 hours; Form 1681: 50                     3. Report title: Savings and Loan
                                                    be subject to such regulations as the                   hours; Form 1682: 1,50 hours; Form                     Holding Company Application.
                                                    Board may prescribe.’’ (12 U.S.C.                       1683: 10 hours.                                           Agency form number: Form H–(e).
                                                    1467a(o)(7)). Section 10 of HOLA also                      Estimated average hours per response:                  OMB control number: 7100–0336.
                                                    requires a savings and loan holding                     Form 1680: 299 hours; Form 1681: 500                      Frequency: On occasion.
                                                    company to file ‘‘such reports as may be                hours; Form 1682: 150 hours; Form                         Reporters: Entities seeking prior
                                                    required by the Board’’ and provides                    1683: 1 hour.                                          approval to become a savings and loan
                                                    that such reports ‘‘shall contain such                     Number of respondents: Form 1680:                   holding company (SLHC).
                                                    information concerning the operations                   10; Form 1681: 10; Form 1682: 10; Form                    Estimated annual reporting hours:
                                                    of such savings and loan holding                        1683: 10.                                              6,000 hours.
                                                    company and its subsidiaries as the                        General description of report: The                     Estimated average hours per response:
                                                    Board may require.’’ (12 U.S.C.                         mutual stock conversion forms are                      500 hours.
                                                    1467a(b)(2)).                                           mandatory and authorized by Home                          Number of respondents: 12.
                                                       The information on Forms 1522 and                    Owners’ Loan Act (HOLA) section 10,                       General description of report: The
                                                    1523 generally not considered                           which provides generally that ‘‘the                    Savings and Loan Holding Company
                                                    confidential. However, the notificant or                Board is authorized to issue such                      Application is mandatory and
asabaliauskas on DSK5VPTVN1PROD with NOTICES




                                                    applicant may request confidential                      regulations . . . as the Board deems                   authorized pursuant to section 10 of
                                                    treatment for portions of these forms                   necessary or appropriate to enable the                 HOLA, which provides that ‘‘the Board
                                                    pursuant to exemption 4 of the Freedom                  Board to administer and carry out the                  is authorized to issue such regulations
                                                    of Information Act, (5 U.S.C. 552(b)(4))                purposes of this section, and to require               . . . as the Board deems necessary or
                                                    if it believes disclosure of those portions             compliance therewith and prevent                       appropriate to enable the Board to
                                                    would likely result in substantial                      evasions thereof.’’ (12 U.S.C.                         administer and carry out the purposes of
                                                    competitive harm. All such requests for                 1467a(g)(1)). With respect to mutual                   this sections, and require compliance
                                                    confidential treatment would need to be                 holding companies, HOLA states that a                  therewith and prevent evasions


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                                                                                 Federal Register / Vol. 80, No. 116 / Wednesday, June 17, 2015 / Notices                                           34643

                                                    thereof.’’ (12 U.S.C. 1467a(g)(1)). Section                Section C–B, Organization and                       activities by serving as NCHS’
                                                    10 of HOLA also requires a savings and                  Functions, is hereby amended as                        consultants in the fields of
                                                    loan holding company to file ‘‘such                     follows:                                               mathematical statistics, survey design
                                                    reports as may be required by the                          Delete in its entirety the title and                and methodology, and cognition and
                                                    Board’’ and provides that such reports                  function statements for the Office of                  survey measurement; (5) consults and
                                                    ‘‘shall contain such information                        Research and Methodology (CPC13).                      collaborates on statistical research
                                                    concerning the operations of such                          After the title and the mission and                 projects with PHS agencies and other
                                                    savings and loan holding company and                    function statements for the Division of                Federal organizations, State and local
                                                    its subsidiaries as the Board may require               Health and Nutrition Examination                       governments, universities, private
                                                    (12 U.S.C. 1467a(b)(2).                                 Surveys (CPCG) insert the following:                   research organizations, and
                                                       The information on Form H–(e) is not                    Division of Research and Methodology                international health agencies; (6)
                                                    considered confidential unless the                      (CPCH). (1) Participates in the                        provides administrative, management,
                                                    applicant requests confidential                         development of policy, long-range                      and leadership functions for all DRM
                                                    treatment pursuant to exemption 4 or 6                  plans, and programs for NCHS; (2)                      units.
                                                    of the Freedom of Information Act (5                    plans, coordinates, stimulates and                       Collaborating Center for Statistical
                                                    U.S.C. 552(b)(4),(6)). All such requests                participates in NCHS’ basic and applied                Research and Survey Design (CPCHB).
                                                    for confidential treatment would need to                research program, including but not                    (1) Conducts basic research in
                                                    be reviewed on a case-by-case basis and                 limited to research in the fields of                   mathematical and statistical theory,
                                                    in response to a specific request for                   mathematical statistics, survey design                 analysis, and computation to improve
                                                    disclosure.                                             and methodology, mathematics and                       the efficiency, quality, confidentiality,
                                                       Abstract: The Federal Reserve                        operations research; (3) formulates                    and analytical utility of NCHS’ data
                                                    analyzes each holding company                           statistical standards regarding survey                 systems and products; (2) provides
                                                    application to determine whether the                    design, data collection, coding, data                  statistical consultation and technical
                                                    applicant meets the statutory criteria set              analysis, data presentation, disclosure                assistance to all NCHS data systems on
                                                    forth in section 10(e) of the Home                      limitation, and statistical computing for              survey methods, quality control, and
                                                    Owners’ Loan Act (Act), as amended, to                  all NCHS data systems and coordinates                  design of data systems; (3) investigates
                                                    become a savings and loan holding                       activities directed at the implementation              and develops new and improved
                                                    company. The applications are reviewed                  and maintenance of these standards; (4)                statistical methods for analyzing public
                                                    for adequacy of answers to items and                    supports all of NCHS through                           health data; (4) conducts basic research
                                                    completeness in all material respects.                  consultation in the fields of                          regarding the impact of sampling and
                                                    The applications are event-generated                    mathematical statistics, survey design                 non-sampling errors on statistical
                                                    and provide the Federal Reserve with                    and methodology, cognition and survey                  estimation and analysis and develops
                                                    information necessary to evaluate the                   measurement, mathematics and                           error profiles of sampling and non-
                                                    proposed transaction. The Federal                       operations research, missing data                      sampling error for NCHS’ complex data
                                                    Reserve intends to update and revise the                problems, and data dissemination; (5)                  systems; (5) develops and recommends
                                                    Application forms to conform to Federal                 consults, collaborates and participates                standards for data presentation,
                                                    Reserve standards in the near future.                   in research projects with HHS, CDC and                 analysis, statistical computing,
                                                      Board of Governors of the Federal Reserve
                                                                                                            other Federal organizations, State and                 statistical disclosure limitation, survey
                                                    System, June 12, 2015.                                  local governments, universities, private               design and methodology; (6) promotes
                                                    Robert deV. Frierson,                                   research organizations, and                            the publication and dissemination of
                                                                                                            international agencies and                             research on statistical theory, survey
                                                    Secretary of the Board.
                                                                                                            organizations; and (6) provides                        design, and methods research; (7)
                                                    [FR Doc. 2015–14862 Filed 6–16–15; 8:45 am]
                                                                                                            scientific services and facilities on a                develops sample design and statistical
                                                    BILLING CODE 6210–01–P
                                                                                                            reimbursable basis to research and                     estimation procedures for NCHS
                                                                                                            health policy communities, principally                 surveys; (8) develops statistical models
                                                                                                            through the Center for Questionnaire                   and innovative survey techniques to
                                                    DEPARTMENT OF HEALTH AND                                Design and Evaluation Research and the                 extend the analytic potential of NCHS
                                                    HUMAN SERVICES                                          Research Data Center.                                  complex sample surveys; and (9) plans
                                                                                                               Office of the Division Director (OD)                for future use of Center data through a
                                                    Centers for Disease Control and                         (CPCH1). (1) Participates in the                       continuous research program on
                                                    Prevention                                              development of policy, long range                      statistical theory, survey design,
                                                                                                            plans, and programs for NCHS; (2)                      statistical and mathematical methods,
                                                    Statement of Organization, Functions,
                                                                                                            plans, coordinates, and stimulates the                 statistical computing, and data analysis.
                                                    and Delegations of Authority
                                                                                                            NCHS applied and basic research                          Collaborating Center for
                                                      Part C (Centers for Disease Control                   program which includes the fields of                   Questionnaire Design and Evaluation
                                                    and Prevention) of the Statement of                     mathematical statistics, survey design                 Research (CPCH). (1) Promotes and
                                                    Organization, Functions, and                            and methodology, cognition and survey                  advances interdisciplinary research on
                                                    Delegations of Authority of the                         measurement, and automated statistical                 the cognitive aspects of survey methods;
                                                    Department of Health and Human                          and graphical technologies, and                        (2) conducts basic and applied research
                                                    Services (45 FR 67772–76, dated                         conducts research in each of these                     on the cognitive aspects of the survey
                                                    October 14, 1980, and corrected at 45 FR                fields; (3) formulates statistical                     response process in order to improve
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                                                    69296, October 20, 1980, as amended                     standards regarding the survey design,                 the efficiency and quality of NCHS’ data
                                                    most recently at 80 FR 1417–1419, dated                 data collection, coding, data analysis,                systems; (3) develops new methods for
                                                    January 9, 2015) is amended to reflect                  data presentation, and statistical                     investigating the cognitive aspects of
                                                    the reorganization of the National                      computing for all NCHS data systems                    survey data collection and presentation;
                                                    Center for Health Statistics, Office of                 and coordinates activities directed at the             (4) promotes the dissemination and
                                                    Public Health Scientific Services,                      implementation and maintenance of                      implementation of cognitive research
                                                    Centers for Disease Control and                         these standards; (4) supports all of the               methods through publications and
                                                    Prevention.                                             NCHS basic and applied research                        presentations; (5) develops and tests


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Document Created: 2015-12-15 14:22:27
Document Modified: 2015-12-15 14:22:27
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
DatesComments must be submitted on or before August 17, 2015.
ContactA copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB's public docket files, once approved. These documents will also be made available on the Federal Reserve Board's public Web site at: http:// www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below.
FR Citation80 FR 34641 

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