81 FR 32008 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Consumer Protections for Depository Institution Sales of Insurance
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency Federal Register Volume 81, Issue 98 (May 20, 2016)
Office of the Comptroller of the Currency
Federal Register Volume 81, Issue 98 (May 20, 2016)
| Page Range | 32008-32009 | |
| FR Document | 2016-11919 |
[Federal Register Volume 81, Number 98 (Friday, May 20, 2016)] [Notices] [Pages 32008-32009] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-11919] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Consumer Protections for Depository Institution Sales of Insurance 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). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, ``Consumer Protections for Depository Institution Sales of Insurance.'' The OCC also is giving notice that it has sent the collection to OMB for review. DATES: Comments must be received by June 20, 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: 1557-0220, 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 prainfo@occ.treas.gov. 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 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 include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. Additionally, please send a copy of your comments by mail to: OCC Desk Officer, 1557-0220, U.S. Office of Management and Budget, 725 17th Street NW., #10235, Washington, DC 20503, or by email to: oira_submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, 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: The OCC is proposing to extend OMB approval of the following information collection: Title: Consumer Protections for Depository Institution Sales of Insurance. OMB Control No.: 1557-0220. Type of Review: Extension, without revision, of a currently approved collection. Description: This information collection is required under section 305 of the Gramm-Leach-Bliley Act (GLB Act), Public Law 106-102. Section 305 of the GLB Act requires the OCC, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the Agencies) to prescribe joint consumer protection regulations that apply to retail sales practices, solicitations, advertising, and offers of any insurance product by a depository institution or by other persons performing these activities at an office of the institution or on behalf of the institution (other covered persons). Section 305 also requires those performing such activities to disclose certain information to consumers (e.g., that insurance products and annuities are not FDIC-insured). This information collection requires national banks, Federal savings associations, and other covered persons, as defined in 12 CFR 14.20(f) and 136.20, involved in insurance sales to make two separate disclosures to consumers. Under Sec. Sec. 14.40 and 136.40, a national bank, Federal savings association, or other covered person must prepare and provide orally and in writing: (1) Certain insurance disclosures to consumers before the completion of the initial sale of an insurance product or annuity to a consumer and (2) certain credit [[Page 32009]] disclosures at the time of application for the extension of credit (if insurance products or annuities are sold, solicited, advertised, or offered in connection with an extension of credit). Consumers use the disclosures to understand the risks associated with insurance products and annuities and to understand that they are not required to purchase, and may refrain from purchasing, certain insurance products or annuities in order to qualify for an extension of credit. Affected Public: Businesses or other for-profit. Frequency: On occasion. Estimated Burden: Estimated Number of Respondents: 663. Total Estimated Burden Hours: 3,315 hours. Comments: On February 2, 2016, the OCC published a notice concerning the collection for 60 days of comment. No comments were received. Comments continue to be invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the OCC, including whether the information has practical utility; (b) The accuracy of the OCC's estimate of the information collection burden; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of the services necessary to provide the required information. Dated: May 16, 2016. Mary Hoyle Gottlieb, Regulatory Specialist, Legislative and Regulatory Activities Division. [FR Doc. 2016-11919 Filed 5-19-16; 8:45 am] BILLING CODE 4810-33-P
![32008 Federal Register / Vol. 81, No. 98 / Friday, May 20, 2016 / Notices
Tier 1 EIS, including the purpose and DEPARTMENT OF THE TREASURY and subject to public disclosure. Do not
need, alternatives to be studied, impacts include any information in your
to be evaluated, and evaluation methods Office of the Comptroller of the comment or supporting materials that
to be used. The formal scoping period Currency you consider confidential or
is from the date of this notice until July inappropriate for public disclosure.
Agency Information Collection Additionally, please send a copy of
8, 2016. Six public scoping meetings
Activities: Information Collection your comments by mail to: OCC Desk
and three interagency scoping meetings
Renewal; Submission for OMB Review; Officer, 1557–0220, U.S. Office of
for Federal, State, regional and local Consumer Protections for Depository
resource and regulatory agencies will be Management and Budget, 725 17th
Institution Sales of Insurance Street NW., #10235, Washington, DC
held during the formal scoping period.
In addition, cooperating and AGENCY: Office of the Comptroller of the 20503, or by email to: oira_submission@
Currency (OCC), Treasury. omb.eop.gov.
participating agency invitation letters
will be sent to agencies that have ACTION: Notice and request for comment. FOR FURTHER INFORMATION CONTACT:
jurisdiction or may have an interest in Shaquita Merritt, Clearance Officer,
SUMMARY: The OCC, as part of its (202) 649–5490 or, for persons who are
the I–11 Corridor.
continuing effort to reduce paperwork deaf or hard of hearing, TTY, (202) 649–
The buildings used for the meetings and respondent burden, invites the 5597, Legislative and Regulatory
are accessible to persons with general public and other Federal Activities Division, Office of the
disabilities. Any person who requires agencies to take this opportunity to Comptroller of the Currency, 400 7th
special assistance, such as a language comment on a continuing information Street SW., Suite 3E–218, Mail Stop
interpreter, should contact the Interstate collection, as required by the Paperwork 9W–11, Washington, DC 20219.
11 Tier 1 EIS Study Team at telephone Reduction Act of 1995 (PRA). SUPPLEMENTARY INFORMATION: The OCC
844–544–8049 or via email at In accordance with the requirements is proposing to extend OMB approval of
I-11ADOTStudy@hdrinc.com at least 48 of the PRA, the OCC may not conduct the following information collection:
hours before the meeting. or sponsor, and the respondent is not Title: Consumer Protections for
required to respond to, an information Depository Institution Sales of
Written comments on the scope of the
collection unless it displays a currently Insurance.
Tier 1 EIS should be mailed to: valid Office of Management and Budget
Interstate 11 Tier 1 EIS Study Team, OMB Control No.: 1557–0220.
(OMB) control number. Type of Review: Extension, without
c/o ADOT Communications, 1655 West The OCC is soliciting comment revision, of a currently approved
Jackson Street, Mail Drop 126F, concerning the renewal of its collection.
Phoenix, AZ 85007; sent via email to information collection titled, Description: This information
I-11ADOTStudy@hdrinc.com; or ‘‘Consumer Protections for Depository collection is required under section 305
submitted on the study’s Web site at Institution Sales of Insurance.’’ The of the Gramm-Leach-Bliley Act (GLB
http://www.i11study.com/Arizona. OCC also is giving notice that it has sent Act), Public Law 106–102. Section 305
The Paperwork Reduction Act seeks, the collection to OMB for review. of the GLB Act requires the OCC, the
in part, to minimize the cost to the DATES: Comments must be received by Board of Governors of the Federal
taxpayer of the creation, collection, June 20, 2016. Reserve System, and the Federal Deposit
maintenance, use dissemination, and ADDRESSES: Because paper mail in the Insurance Corporation (collectively, the
disposition of information. Accordingly, Washington, DC area and at the OCC is Agencies) to prescribe joint consumer
unless a specific request for a complete subject to delay, commenters are protection regulations that apply to
hardcopy of the NEPA document is encouraged to submit comments by retail sales practices, solicitations,
received before it is printed, the FHWA email, if possible. Comments may be advertising, and offers of any insurance
and ADOT will distribute only sent to: Legislative and Regulatory product by a depository institution or by
electronic versions of the NEPA Activities Division, Office of the other persons performing these
document. A complete copy of the Comptroller of the Currency, Attention: activities at an office of the institution
environmental document will be 1557–0220, 400 7th Street SW., Suite or on behalf of the institution (other
available for review at locations 3E–218, Mail Stop 9W–11, Washington, covered persons). Section 305 also
DC 20219. In addition, comments may requires those performing such
throughout the study area. An electronic
be sent by fax to (571) 465–4326 or by activities to disclose certain information
copy of the complete environmental
electronic mail to prainfo@occ.treas.gov. to consumers (e.g., that insurance
document will be available on the products and annuities are not FDIC-
You may personally inspect and
study’s Web site at http:// photocopy comments at the OCC, 400 insured).
www.i11study.com/Arizona. 7th Street SW., Washington, DC 20219. This information collection requires
Authority: 23 U.S.C. 315; 23 CFR 771.123. For security reasons, the OCC requires national banks, Federal savings
Issued on: May 11, 2016. that visitors make an appointment to associations, and other covered persons,
inspect comments. You may do so by as defined in 12 CFR 14.20(f) and
Karla S. Petty,
calling (202) 649–6700 or, for persons 136.20, involved in insurance sales to
Arizona Division Administrator, Federal who are deaf or hard of hearing, TTY, make two separate disclosures to
Highway Administration. (202) 649–5597. Upon arrival, visitors consumers. Under §§ 14.40 and 136.40,
[FR Doc. 2016–11694 Filed 5–19–16; 8:45 am] will be required to present valid a national bank, Federal savings
mstockstill on DSK3G9T082PROD with NOTICES
BILLING CODE P government-issued photo identification association, or other covered person
and submit to security screening in must prepare and provide orally and in
order to inspect and photocopy writing: (1) Certain insurance
comments. disclosures to consumers before the
All comments received, including completion of the initial sale of an
attachments and other supporting insurance product or annuity to a
materials, are part of the public record consumer and (2) certain credit
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![Federal Register / Vol. 81, No. 98 / Friday, May 20, 2016 / Notices 32009
disclosures at the time of application for availability of 1-year funding for the 21 collaborative VA Special Need partners
the extension of credit (if insurance currently operational fiscal year (FY) (as applicable). Eligible applicants may
products or annuities are sold, solicited, 2015 VA Homeless Providers Grant and obtain grant assistance to cover
advertised, or offered in connection Per Diem (GPD) Special Need Grant operational costs that would not
with an extension of credit). Recipients and their collaborative VA otherwise be incurred but for the fact
Consumers use the disclosures to Special Need partners (as applicable) to that the recipient is providing
understand the risks associated with submit renewal applications for supportive housing beds and services
insurance products and annuities and to assistance under the Special Need Grant for the following special needs homeless
understand that they are not required to component of VA’s Homeless Providers Veteran populations:
purchase, and may refrain from GPD Program. The focus of this NOFA (1) Women;
purchasing, certain insurance products is to encourage applicants to continue to (2) Frail elderly;
or annuities in order to qualify for an deliver services to the homeless special (3) Chronically mentally ill; or
extension of credit. need Veteran population. This NOFA (4) Individuals who have care of
Affected Public: Businesses or other contains information concerning the minor dependents.
for-profit. program, application process, and Definitions of key terms relating to
Frequency: On occasion. amount of funding available. these populations are contained in 38
Estimated Burden: DATES: An original completed, signed, CFR 61.1 Definitions. Eligible applicants
Estimated Number of Respondents: and dated application (plus three should review these definitions to
663. completed collated copies) for ensure their proposed populations meet
Total Estimated Burden Hours: 3,315 the specific requirements. Note: There
assistance under the VA’s Homeless
hours. are currently no existing grant projects
Providers GPD Program and associated
Comments: On February 2, 2016, the for the terminally ill special needs
documents must be received in the GPD
OCC published a notice concerning the population; therefore, grant projects that
Program Office by 4:00 p.m. Eastern
collection for 60 days of comment. No would support that population are not
Time on June 27, 2016 (see application
comments were received. Comments eligible for funding under this NOFA,
requirements below).
continue to be invited on: and that population is not addressed in
Applications may not be sent by
(a) Whether the collection of this NOFA.
facsimile or email. In the interest of
information is necessary for the proper VA is pleased to issue this NOFA for
fairness to all competing applicants, this
performance of the functions of the the Homeless Providers GPD Program as
deadline is firm as to date and time, and
OCC, including whether the information a part of the effort to end homelessness
VA will treat any application that is
has practical utility; among our Nation’s Veterans. Funding
(b) The accuracy of the OCC’s received after the deadline as ineligible
for consideration. Applicants should applied for under this NOFA may be
estimate of the information collection used for the provision of service and
burden; make early submission of their material
to avoid any risk of loss of eligibility as operational costs to facilitate the
(c) Ways to enhance the quality, following for each targeted group:
utility, and clarity of the information to a result of unanticipated delays or other
delivery-related problems. Women:
be collected; (1) Ensure transportation for women,
(d) Ways to minimize the burden of ADDRESSES: An original completed,
especially for health care and
the collection on respondents, including signed, and dated application (plus educational needs; and
through the use of automated collection three completed collated copies) and all (2) Address safety and security issues
techniques or other forms of information required associated documents must be including segregation from other
technology; and submitted to the following address: VA program participants, if deemed
(e) Estimates of capital or start-up Homeless Providers GPD Program appropriate.
costs and costs of operation, Office, 10770 N. 46th Street, Suite C– Frail Elderly:
maintenance, and purchase of the 200, Tampa, FL 33617. Applications (1) Ensure the safety of the residents
services necessary to provide the must be received by the application in the facility to include preventing
required information. deadline. Applications must arrive as a harm and exploitation;
complete package to include VA (2) Ensure opportunities to keep
Dated: May 16, 2016.
collaborative materials (see application residents mentally and physically agile
Mary Hoyle Gottlieb,
requirements). Materials arriving to the fullest extent through the
Regulatory Specialist, Legislative and separately will not be included in the
Regulatory Activities Division. incorporation of structured activities,
application package for consideration physical activity, and plans for social
[FR Doc. 2016–11919 Filed 5–19–16; 8:45 am] and may result in the application being engagement within the program and in
BILLING CODE 4810–33–P rejected or not funded. the community;
FOR FURTHER INFORMATION CONTACT: Mr. (3) Provide opportunities for
Jeffery L. Quarles, Director, VA participants to address life transitional
DEPARTMENT OF VETERANS Homeless Providers GPD Program, issues and separation and/or loss issues;
AFFAIRS Department of Veterans Affairs, 10770 (4) Provide access to assistance
N. 46th Street, Suite C–200, Tampa, FL devices such as walkers, grippers, or
Notice of Funding Availability (NOFA)
33617; (toll-free) 1 (877) 332–0334. other devices necessary for optimal
AGENCY: VA Homeless Providers Grant SUPPLEMENTARY INFORMATION: functioning;
(5) Ensure adequate supervision,
mstockstill on DSK3G9T082PROD with NOTICES
and Per Diem Program, Veterans Health
Funding Opportunity Description including supervision of medication
Administration, Department of Veterans
Affairs. This NOFA announces the availability and monitoring of medication
ACTION: Notice of Funding Availability of FY 2016 funds to provide 1-year compliance; and
(NOFA). funding assistance in FY 2017 under (6) Provide opportunities for
VA’s Homeless Providers GPD Program participants either directly or through
SUMMARY: The Department of Veterans for the 21 FY 2015 operational GPD referral for other services particularly
Affairs (VA) is announcing the Special need recipients and their relevant for the frail elderly, including
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Document Created: 2016-05-20 01:59:40
Document Modified: 2016-05-20 01:59:40
| 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 received by June 20, 2016. | |
| Contact | Shaquita Merritt, 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 32008 |
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