81 FR 19289 - Agency Information Collection Activities: Information Collection Renewal; Comment Request; Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency Federal Register Volume 81, Issue 64 (April 4, 2016)
Office of the Comptroller of the Currency
Federal Register Volume 81, Issue 64 (April 4, 2016)
| Page Range | 19289-19290 | |
| FR Document | 2016-07591 |
[Federal Register Volume 81, Number 64 (Monday, April 4, 2016)] [Notices] [Pages 19289-19290] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-07591] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Comment Request; Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning its information collection titled, ``Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments,'' under 12 CFR 24 (``Part 24''). DATES: Comments must be submitted on or before June 3, 2016. ADDRESSES: Because paper mail in the Washington, DC area and at the OCC is subject to delay, commenters are encouraged to submit comments by email, if possible. Comments may be sent to: Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, Attention: 1557-0194, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219. In addition, comments may be sent by fax to (571) 465-4326 or by electronic mail to [email protected]. You may personally inspect and photocopy comments at the OCC, 400 7th Street SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 649-6700 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not enclose any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance Officer, (202) 649-5490 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal agencies must obtain approval from OMB for each collection of information they conduct or sponsor. ``Collection of information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. Section 3506(c)(2)(A) of the PRA (44 U.S.C. 3506(c)(2)(A)) requires Federal agencies to provide a 60-day notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, before submitting the collection to OMB for approval. To comply with this requirement, the OCC is publishing notice of the proposed collection of information set forth in this document. The OCC is proposing to extend the following information collection: Title: Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments. OMB Control No.: 1557-0194. Description: This submission covers an existing regulation and revisions to the Part 24, CD-1, National Bank Community Development Investments form contained in the regulation, pursuant to which a national bank may notify the OCC, or request OCC approval, of certain community development investments. Section 24.5(a) provides that an eligible national bank may make an investment without prior notification to, or approval by, the OCC if the bank submits an after-the-fact notification of an investment within 10 days of making the investment. Section 24.4(a) provides that a national bank may submit a written request or letter to the OCC to exceed the five percent limit for its aggregate, outstanding investments. The OCC may grant permission to the bank to make subsequent public welfare investments [[Page 19290]] without prior notification to, or approval by the OCC, using the after- the-fact notification process consistent with Section 24.5(a). Section 24.5(a)(5) provides that a national bank that is not an eligible bank, but that is at least adequately capitalized and has a composite rating of at least 3 with improving trends under the Uniform Financial Institutions Rating System, may submit a letter to the OCC requesting authority to submit after-the-fact notices of its investments. Section 24.5(b) provides that if a national bank does not meet the requirements for after-the-fact notification, including if the bank's aggregate outstanding investments exceed the five percent limit, unless previously approved by the OCC for subsequent public welfare investments, the bank must submit an investment proposal to the OCC seeking permission to make the public welfare investment. The OCC requests that OMB approve its revised estimates and extend its approval of the information collection. Type of Review: Regular. Affected Public: Individuals; Businesses or other for-profit. Estimated Number of Respondents: 1100. Estimated Total Annual Responses: 1100. Frequency of Response: On occasion. Estimated Total Annual Burden: 1710 hours. Comments submitted in response to this notice will be summarized and included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the OCC, including whether the information has practical utility; (b) The accuracy of the OCC's estimate of the burden of the collection of information; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. Dated: March 29, 2016. Mary Hoyle Gottlieb, Regulatory Specialist, Legislative and Regulatory Activities Division. [FR Doc. 2016-07591 Filed 4-1-16; 8:45 am] BILLING CODE 4810-33-P
![Federal Register / Vol. 81, No. 64 / Monday, April 4, 2016 / Notices 19289
responsibility to oversee the use of this DEPARTMENT OF THE TREASURY materials, are part of the public record
lending authority. and subject to public disclosure. Do not
12 CFR 32.9(b) provides national Office of the Comptroller of the enclose any information in your
banks and savings associations with Currency comment or supporting materials that
three alternative methods for calculating you consider confidential or
the credit exposure of derivative Agency Information Collection inappropriate for public disclosure.
transactions other than credit Activities: Information Collection
FOR FURTHER INFORMATION CONTACT:
derivatives (the Internal Model Method, Renewal; Comment Request;
Shaquita Merritt, OCC Clearance
the Conversion Factor Matrix Method, Community and Economic
Officer, (202) 649–5490 or, for persons
and the Remaining Maturity Method) Development Entities, Community
who are deaf or hard of hearing, TTY,
and two alternative methods for Development Projects, and Other
(202) 649–5597, Legislative and
calculating such exposure for securities Public Welfare Investments
Regulatory Activities Division, Office of
financing transactions. The OCC AGENCY: Office of the Comptroller of the the Comptroller of the Currency, 400 7th
provided these models to reduce the Currency (OCC), Treasury. Street SW., Suite 3E–218, Mail Stop
practical burden of such calculations, 9W–11, Washington, DC 20219.
ACTION: Notice and request for comment.
particularly for small and mid-size
SUPPLEMENTARY INFORMATION: Under the
banks and savings associations. SUMMARY: The OCC, as part of its
Under 12 CFR 32.9(b)(1)(i)(C)(1), the PRA (44 U.S.C. 3501–3520), Federal
continuing effort to reduce paperwork agencies must obtain approval from
use of a model (other than the model and respondent burden, invites the
approved for purposes of the Advanced OMB for each collection of information
general public and other Federal they conduct or sponsor. ‘‘Collection of
Measurement Approach in the capital agencies to take this opportunity to
rules) must be approved by the OCC information’’ is defined in 44 U.S.C.
comment on a continuing information 3502(3) and 5 CFR 1320.3(c) to include
specifically for part 32 purposes and collection, as required by the Paperwork
must be approved in writing. If a agency requests or requirements that
Reduction Act of 1995 (PRA). members of the public submit reports,
national bank or Federal savings An agency may not conduct or
association proposes to use an internal keep records, or provide information to
sponsor, and a respondent is not a third party. Section 3506(c)(2)(A) of
model that has been approved by the required to respond to, an information
OCC for purposes of the Advanced the PRA (44 U.S.C. 3506(c)(2)(A))
collection unless it displays a currently requires Federal agencies to provide a
Measurement Approach, the institution valid Office of Management and Budget
must provide prior written notification 60-day notice in the Federal Register
(OMB) control number. concerning each proposed collection of
to the OCC prior to use of the model for The OCC is soliciting comment
lending limits purposes. OCC approval information, including each proposed
concerning its information collection extension of an existing collection of
also is required before substantive titled, ‘‘Community and Economic
revisions are made to a model that is information, before submitting the
Development Entities, Community collection to OMB for approval. To
used for lending limits purposes. Development Projects, and Other Public
Estimated Number of Respondents: comply with this requirement, the OCC
Welfare Investments,’’ under 12 CFR 24 is publishing notice of the proposed
295.
Estimated Annual Burden: 1,958 (‘‘Part 24’’). collection of information set forth in
hours. DATES: Comments must be submitted on this document.
All comments will be considered in or before June 3, 2016. The OCC is proposing to extend the
formulating the subsequent submission ADDRESSES: Because paper mail in the following information collection:
and become a matter of public record. Washington, DC area and at the OCC is Title: Community and Economic
Comments are invited on: subject to delay, commenters are Development Entities, Community
(a) Whether the collection of encouraged to submit comments by Development Projects, and Other Public
information is necessary for the proper email, if possible. Comments may be Welfare Investments.
performance of the functions of the sent to: Legislative and Regulatory OMB Control No.: 1557–0194.
OCC, including whether the information Activities Division, Office of the Description: This submission covers
has practical utility; Comptroller of the Currency, Attention: an existing regulation and revisions to
(b) The accuracy of the OCC’s 1557–0194, 400 7th Street SW., Suite the Part 24, CD–1, National Bank
estimate of the information collection 3E–218, Mail Stop 9W–11, Washington, Community Development Investments
burden; DC 20219. In addition, comments may form contained in the regulation,
(c) Ways to enhance the quality, be sent by fax to (571) 465–4326 or by pursuant to which a national bank may
utility, and clarity of the information to electronic mail to regs.comments@ notify the OCC, or request OCC
be collected; occ.treas.gov. You may personally approval, of certain community
(d) Ways to minimize the burden of inspect and photocopy comments at the development investments.
the collection on respondents, including OCC, 400 7th Street SW., Washington, Section 24.5(a) provides that an
through the use of automated collection DC 20219. For security reasons, the OCC eligible national bank may make an
techniques or other forms of information investment without prior notification to,
requires that visitors make an
technology; and or approval by, the OCC if the bank
appointment to inspect comments. You
(e) Estimates of capital or start-up
may do so by calling (202) 649–6700 or, submits an after-the-fact notification of
costs and costs of operation,
for persons who are deaf or hard of an investment within 10 days of making
maintenance, and purchase of services
mstockstill on DSK4VPTVN1PROD with NOTICES
hearing, TTY, (202) 649–5597. Upon the investment.
to provide information.
arrival, visitors will be required to Section 24.4(a) provides that a
Dated: March 29, 2016. present valid government-issued photo national bank may submit a written
Mary Hoyle Gottlieb, identification and to submit to security request or letter to the OCC to exceed
Regulatory Specialist, Legislative and screening in order to inspect and the five percent limit for its aggregate,
Regulatory Activities Division. photocopy comments. outstanding investments. The OCC may
[FR Doc. 2016–07597 Filed 4–1–16; 8:45 am] All comments received, including grant permission to the bank to make
BILLING CODE 4810–33–P attachments and other supporting subsequent public welfare investments
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![19290 Federal Register / Vol. 81, No. 64 / Monday, April 4, 2016 / Notices
without prior notification to, or Dated: March 29, 2016. being made pursuant to Section
approval by the OCC, using the after- Mary Hoyle Gottlieb, 3506(c)(2)(A) of the PRA.
the-fact notification process consistent Regulatory Specialist, Legislative and With respect to the following
with Section 24.5(a). Regulatory Activities Division.
collection of information, ORM invites
Section 24.5(a)(5) provides that a [FR Doc. 2016–07591 Filed 4–1–16; 8:45 am]
comments on: (1) Whether the proposed
national bank that is not an eligible BILLING CODE 4810–33–P
collection of information is necessary
bank, but that is at least adequately for the proper performance of ORM’s
capitalized and has a composite rating functions, including whether the
of at least 3 with improving trends DEPARTMENT OF VETERANS information will have practical utility;
under the Uniform Financial AFFAIRS (2) the accuracy of ORM’s estimate of
Institutions Rating System, may submit [OMB Control No. 2900–0716] the burden of the proposed collection of
a letter to the OCC requesting authority information; (3) ways to enhance the
to submit after-the-fact notices of its Proposed Information Collection quality, utility, and clarity of the
investments. (Complaint of Employment information to be collected; and (4)
Section 24.5(b) provides that if a Discrimination, VA Form 4939; ways to minimize the burden of the
national bank does not meet the Information for Pre-Complaint collection of information on
requirements for after-the-fact Processing, VA Form 08–10192);
respondents, including through the use
notification, including if the bank’s Activity: Comment Request
of automated collection techniques or
aggregate outstanding investments AGENCY: The Office of Resolution the use of other forms of information
exceed the five percent limit, unless Management, Department of Veterans technology.
previously approved by the OCC for Affairs.
subsequent public welfare investments, Titles: Complaint of Employment
ACTION: Notice. Discrimination, VA Form 4939.
the bank must submit an investment
proposal to the OCC seeking permission SUMMARY: The Office of Resolution Information for Pre-Complaint
to make the public welfare investment. Management (ORM), Department of Processing, VA Form 08–10192.
The OCC requests that OMB approve Veterans Affairs (VA), is announcing an OMB Control Number: 2900–0716.
its revised estimates and extend its opportunity for public comment on the Type of Review: Revision request for
approval of the information collection. proposed collection of certain inclusion of VA Form 08–10192.
Type of Review: Regular. information by the agency. Under the
Paperwork Reduction Act (PRA) of Abstract: VA employees, former
Affected Public: Individuals; 1995, Federal agencies are required to employees and applicants for
Businesses or other for-profit. publish notice in the Federal Register employment who believe they were
Estimated Number of Respondents: concerning each proposed collection of denied employment based on race,
1100. information, including each proposed color, religion, gender, national origin,
Estimated Total Annual Responses: revision of a currently approved age, physical or mental disability and/
1100. collection, and allow 60 days for public or reprisal for prior Equal Employment
comment in response to the notice. This Opportunity activity complete VA Form
Frequency of Response: On occasion.
notice solicits comments on information 4939 to file a complaint of
Estimated Total Annual Burden: 1710 needed to process a complaint of discrimination. VA Form 08–10192 is
hours. employment discrimination. the initial contact form filled out by
Comments submitted in response to DATES: Written comments and individuals who believe they may have
this notice will be summarized and recommendations on the proposed been discriminated against.
included in the request for OMB collection of information should be Affected Public: Individuals or
approval. All comments will become a received on or before June 3, 2016.
Households.
matter of public record. Comments are ADDRESSES: Submit written comments
invited on: on the collection of information through Estimated Annual Burden: 512
(a) Whether the collection of Federal Docket Management System burden hours.
information is necessary for the proper (FDMS) at www.Regulations.gov; or Estimated Average Burden per
performance of the functions of the Pamela Johnson, Office of Resolution Respondent: 30 minutes.
OCC, including whether the information Management (08), Department of Frequency of Response: Annually.
has practical utility; Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420 or email: Estimated Number of Respondents:
(b) The accuracy of the OCC’s 1022.
estimate of the burden of the collection Pamela.Johnson@va.gov. Please refer to
of information; ‘‘Complaint of Employment, OMB By direction of the Secretary.
Control No. 2900–0716’’ in any Kathleen M. Manwell,
(c) Ways to enhance the quality, correspondence. During the comment
utility, and clarity of the information to VA Privacy Service, Office of Privacy and
period, comments may be viewed online Records Management, Department of
be collected; through the FDMS. Veterans Affairs.
(d) Ways to minimize the burden of FOR FURTHER INFORMATION CONTACT: [FR Doc. 2016–07447 Filed 4–1–16; 8:45 am]
the collection on respondents, including Pamela Johnson at (501) 257–1585.
mstockstill on DSK4VPTVN1PROD with NOTICES
through the use of automated collection BILLING CODE 8320–01–P
SUPPLEMENTARY INFORMATION: Under the
techniques or other forms of information PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
technology; and 3501–3521), Federal agencies must
(e) Estimates of capital or startup costs obtain approval from the Office of
and costs of operation, maintenance, Management and Budget (OMB) for each
and purchase of services to provide collection of information they conduct
information. or sponsor. This request for comment is
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Document Created: 2016-04-02 03:53:17
Document Modified: 2016-04-02 03:53:17
| 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 | Notice and request for comment. | |
| Dates | Comments must be submitted on or before June 3, 2016. | |
| Contact | Shaquita Merritt, OCC Clearance Officer, (202) 649-5490 or, for persons who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219. | |
| FR Citation | 81 FR 19289 |
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