81 FR 1421 - Proposed Agency Information Collection Activities; Comment Request

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 7 (January 12, 2016)

Page Range		1421-1422
FR Document		2016-00394

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), pursuant to 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth in 5 CFR 1320 Appendix A.1. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act 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 81 Issue 7 (Tuesday, January 12, 2016)

[Federal Register Volume 81, Number 7 (Tuesday, January 12, 2016)]
[Notices]
[Pages 1421-1422]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-00394]


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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), 
pursuant to 5 CFR 1320.16, to approve of and assign OMB control numbers 
to collection of information requests and requirements conducted or 
sponsored by the Board under conditions set forth in 5 CFR 1320 
Appendix A.1. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
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 March 14, 2016.

ADDRESSES: You may submit comments, identified by FR 3033s 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 MP-
500 of the Board's Martin Building (20th and C Streets NW.) 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, and purchase of services to provide information.
    Proposal to approve under OMB delegated authority the extension for 
three years, with revision, of the following report:
    Report title: Survey of Finance Companies.
    Agency form number: FR 3033s.
    OMB control number: 7100-0277.
    Frequency: Every five years.
    Reporters: Finance companies and mortgage companies.

[[Page 1422]]

    Estimated annual reporting hours: 1,800 hours.
    Estimated average hours per response: 1.5 hours.
    Number of respondents: 1,200.
    General description of report: Section 2A of the Federal Reserve 
Act (``FRA'') requires that the Federal Reserve Board and the Federal 
Open Market Committee maintain long run growth of the monetary and 
credit aggregates commensurate with the economy's long run potential to 
increase production, so as to promote effectively the goals of maximum 
employment, stable prices, and moderate long-term interest rates. (12 
U.S.C. 225a). Under section 12A of the FRA, the Federal Open Market 
Committee is required to implement regulations relating to the open 
market operations conducted by Federal Reserve Banks with a view to 
accommodating commerce and business and with regard to their bearing 
upon the general credit situation of the country. (12 U.S.C. 263). 
Section 14 of the FRA authorizes the Reserve Banks, under rules and 
regulations prescribed by the Board, to engage in open market 
operations. (12 U.S.C. 355-59).
    Abstract: The Federal Reserve proposes to conduct, with revision, 
the second stage of a two-stage survey of finance companies that is 
conducted every five years (the ``quinquennial''). The second stage of 
the quinquennial is the FR 3033s. The first stage of the quinquennial, 
the Census of Finance Companies (FR 3033p) was in May 2015 sent to all 
companies that met the criteria developed to identify the potential 
universe of domestic finance companies. From the universe of finance 
companies determined by the FR 3033p, a stratified random sample of 
3,000 finance companies has been drawn for the FR 3033s. The survey 
will be sent on March 21, 2016, and will collect detailed information, 
as of December 31, 2015, from both assets and liability sides of the 
respondents' balance sheets, along with income and expenses, the number 
of accounts and offices, and the small-business credit they extend, if 
any. The data collected from this voluntary survey will be used for two 
purposes: To benchmark the consumer and business finance series 
collected on the monthly Domestic Finance Company Report of 
Consolidated Assets and Liabilities (FR 2248; OMB No. 7100-0005) and to 
increase the Federal Reserve's understanding of an important part of 
the financial system.
    Current Actions: Board staff proposes to revise the FR 3033s by 
adding a section to solicit information from the finance companies on 
income and expenses, number of accounts and offices, and small business 
credit they extend.

    Board of Governors of the Federal Reserve System, January 7, 
2016.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2016-00394 Filed 1-11-16; 8:45 am]
BILLING CODE 6210-01-P

Federal Register / Vol. 81, No. 7 / Tuesday, January 12, 2016 / Notices 1421

views in writing to the Reserve Bank control numbers to collection of and instructions, supporting statement,
indicated for that notice or to the offices information requests and requirements and other documentation will be placed
of the Board of Governors. Comments conducted or sponsored by the Board into OMB’s public docket files, once
must be received not later than January under conditions set forth in 5 CFR approved. These documents will also be
27, 2016. 1320 Appendix A.1. Board-approved made available on the Federal Reserve
A. Federal Reserve Bank of Chicago collections of information are Board’s public Web site at: http://
(Colette A. Fried, Assistant Vice incorporated into the official OMB www.federalreserve.gov/apps/
President) 230 South LaSalle Street, inventory of currently approved reportforms/review.aspx or may be
Chicago, Illinois 60690–1414: collections of information. Copies of the requested from the agency clearance
1. Charles W. Ruth, individually and Paperwork Reduction Act Submission, officer, whose name appears below.
as the sole general partner of ACBT L.P., supporting statements and approved Federal Reserve Board Clearance
both of Huntley, Illinois, to individually, collection of information instruments Officer—Nuha Elmaghrabi—Office of
and together as a group acting in are placed into OMB’s public docket the Chief Data Officer, Board of
concert, with ACBT L.P., Helen J. Ruth, files. The Federal Reserve may not Governors of the Federal Reserve
Eric L. Ruth, all of Huntley, Illinois, conduct or sponsor, and the respondent System, Washington, DC 20551 (202)
William A. Ruth, Mary H. Ruth, both of is not required to respond to, an 452–3829. Telecommunications Device
Woodstock, Illinois, Emily Ruth Smith, information collection that has been for the Deaf (TDD) users may contact
Lake in the Hills, Illinois, and Scott H. extended, revised, or implemented on or (202) 263–4869, Board of Governors of
Ruth, Marengo, Illinois; to acquire after October 1, 1995, unless it displays the Federal Reserve System,
voting shares of American Community a currently valid OMB control number. Washington, DC 20551.
Financial, Inc., and thereby indirectly DATES: Comments must be submitted on SUPPLEMENTARY INFORMATION:
acquire voting shares of American or before March 14, 2016.
Community Bank, both in Woodstock, Request for Comment on Information
ADDRESSES: You may submit comments, Collection Proposal
Illinois.
2. Jean E. Vogel, Erika G. Brossard, identified by FR 3033s by any of the
following methods: The following information collection,
and Anne N. Kooiman, all of Orange which is being handled under this
City, Iowa; DV Capital, L.L.C., with Drew • Agency Web site: http://
www.federalreserve.gov. Follow the delegated authority, has received initial
F. Vogel and Jean E. Vogel as members, Board approval and is hereby published
all of Orange City, Iowa; Ian D. Vogel instructions for submitting comments at
http://www.federalreserve.gov/apps/ for comment. At the end of the comment
and Maximillian O. Faidi, both of period, the proposed information
Omaha, Nebraska; Mia K. Nelson, Carol foia/proposedregs.aspx.
• Federal eRulemaking Portal: http:// collection, along with an analysis of
Stream, Illinois; Ali N. Goepfert, Lino comments and recommendations
Lakes, Minnesota; Meika M. Vogel and www.regulations.gov. Follow the
instructions for submitting comments. received, will be submitted to the Board
Trevor A. Vogel, both of Eden Prairie, for final approval under OMB delegated
• Email: regs.comments@
Minnesota; Tyler F. Vogel, Northfield, authority. Comments are invited on the
federalreserve.gov. Include OMB
Minnesota; and Christopher W. Vogel, following:
number in the subject line of the
Minneapolis, Minnesota, to join the a. Whether the proposed collection of
message.
Vogel Family Control Group (currently information is necessary for the proper
• FAX: (202) 452–3819 or (202) 452–
consisting of Franklin Vogel and Drew performance of the Federal Reserve’s
3102.
F. Vogel, both of Orange City, Iowa; functions; including whether the
• Mail: Robert deV. Frierson,
Wrede E. Vogel, Luverne, Minnesota; information has practical utility;
Secretary, Board of Governors of the
and Blair D. Vogel, Omaha, Nebraska); b. The accuracy of the Federal
Federal Reserve System, 20th Street and
and to retain voting shares of Vogel Reserve’s estimate of the burden of the
Constitution Avenue NW., Washington,
Bancshares, Inc., Orange City, Iowa, and proposed information collection,
DC 20551.
thereby indirectly retain voting shares of All public comments are available including the validity of the
Iowa State Bank, Hull, Iowa. from the Board’s Web site at http:// methodology and assumptions used;
Board of Governors of the Federal Reserve www.federalreserve.gov/apps/foia/ c. Ways to enhance the quality,
System, January 7, 2016. proposedregs.aspx as submitted, unless utility, and clarity of the information to
Michael J. Lewandowski, modified for technical reasons. be collected;
Associate Secretary of the Board. d. Ways to minimize the burden of
Accordingly, your comments will not be
information collection on respondents,
[FR Doc. 2016–00381 Filed 1–11–16; 8:45 am] edited to remove any identifying or
including through the use of automated
BILLING CODE 6210–01–P contact information. Public comments
collection techniques or other forms of
may also be viewed electronically or in
information technology; and
paper form in Room MP–500 of the
FEDERAL RESERVE SYSTEM e. Estimates of capital or start up costs
Board’s Martin Building (20th and C
and costs of operation, maintenance,
Streets NW.) between 9:00 a.m. and 5:00
Proposed Agency Information and purchase of services to provide
p.m. on weekdays.
Collection Activities; Comment information.
Additionally, commenters may send a
Request Proposal to approve under OMB
copy of their comments to the OMB
delegated authority the extension for
AGENCY: Board of Governors of the Desk Officer—Shagufta Ahmed—Office
three years, with revision, of the
Federal Reserve System. of Information and Regulatory Affairs,
following report:
tkelley on DSK3SPTVN1PROD with NOTICES

SUMMARY: On June 15, 1984, the Office Office of Management and Budget, New Report title: Survey of Finance
of Management and Budget (OMB) Executive Office Building, Room 10235 Companies.
delegated to the Board of Governors of 725 17th Street NW., Washington, DC Agency form number: FR 3033s.
the Federal Reserve System (Board) its 20503 or by fax to (202) 395–6974. OMB control number: 7100–0277.
approval authority under the Paperwork FOR FURTHER INFORMATION CONTACT: A Frequency: Every five years.
Reduction Act (PRA), pursuant to 5 CFR copy of the PRA OMB submission, Reporters: Finance companies and
1320.16, to approve of and assign OMB including the proposed reporting form mortgage companies.

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Document Created: 2016-01-12 01:22:38
Document Modified: 2016-01-12 01:22:38

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Board staff proposes to revise the FR 3033s by adding a section to solicit information from the finance companies on income and expenses, number of accounts and offices, and small business credit they extend.
Dates		Comments must be submitted on or before March 14, 2016.
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.
FR Citation		81 FR 1421