81 FR 9585 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Interagency Appraisal Complaint Form

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 37 (February 25, 2016)

Page Range		9585-9586
FR Document		2016-03968

The OCC and the FDIC (the Agencies), as part of their continuing effort to reduce paperwork and respondent burden, invite the general public and other Federal agencies to take this opportunity to comment on an information collection renewal, 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 Agencies are soliciting comment concerning the renewal of each Agency's information collection titled ``Interagency Appraisal Complaint Form.'' The Agencies also are giving notice that they have each sent their collection to OMB for review.

Federal Register, Volume 81 Issue 37 (Thursday, February 25, 2016)

[Federal Register Volume 81, Number 37 (Thursday, February 25, 2016)]
[Notices]
[Pages 9585-9586]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-03968]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; Interagency Appraisal Complaint 
Form

AGENCY: Office of the Comptroller of the Currency, Treasury (OCC) and 
Federal Deposit Insurance Corporation (FDIC).

ACTION: Joint notice and request for comment.

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SUMMARY: The OCC and the FDIC (the Agencies), as part of their 
continuing effort to reduce paperwork and respondent burden, invite the 
general public and other Federal agencies to take this opportunity to 
comment on an information collection renewal, 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 Agencies are soliciting comment concerning the renewal of each 
Agency's information collection titled ``Interagency Appraisal 
Complaint Form.'' The Agencies also are giving notice that they have 
each sent their collection to OMB for review.

DATES: Comments must be received by March 28, 2016.

ADDRESSES:
    OCC: 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: 1557-0314, 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 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.
    FDIC: You may submit comments by any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Agency Web site: http://www.FDIC.gov/regulations/laws/federal/.
     Mail: Gary Kuiper (202.898.3877), Counsel, MB-3016, or 
Manuel Cabeza (202.898.3767), Counsel, MB-3105, Legal Division, Federal 
Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 
20429.
     Hand Delivered/Courier: The guard station at the rear of 
the 550 17th Street Building (located on F Street), on business days 
between 7:00 a.m. and 5:00 p.m.
     Email: [email protected].
    Instructions: Comments submitted must include ``Interagency 
Appraisal Complaint Form.'' Comments received will be posted without 
change to  http://www.FDIC.gov/regulations/laws/federal/, including any 
personal information provided.
    Additionally, please send a copy of your comments by mail to: OCC 
Desk Officer, 1557-0314 or 3064-0190, U.S. Office of Management and 
Budget, 725 17th Street NW., #10235, Washington, DC 20503, or by email 
to: oira_ [email protected].

FOR FURTHER INFORMATION CONTACT:
    OCC: 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., Washington, DC 20219.
    FDIC: Gary Kuiper or Manuel Cabeza at the address or telephone 
number given above.

SUPPLEMENTARY INFORMATION: In compliance with the PRA, 44 U.S.C. 3501 
et seq., the Agencies are seeking comment on the renewal of the 
following collection of information:

Interagency Appraisal Complaint Form

    Section 1473(p) of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act \1\ provides that the Appraisal Subcommittee (ASC) of 
the Federal Financial Institutions Examination Council (FFIEC) shall 
establish and operate a national hotline (ASC Hotline) to receive 
complaints of non-compliance with the appraisal independence standards 
of the Uniform Standards of Professional Appraisal Practice (USPAP) if 
the ASC determines, six months after enactment of that section (i.e., 
January 21, 2011), that no such national hotline exists. The statute 
requires that the ASC Hotline shall include a toll-free telephone 
number and an email address. Section 1473(p) further directs the ASC to 
refer complaints received through the ASC Hotline to the appropriate 
government bodies for further action, which may include referrals to 
the Agencies, the Federal Reserve Board (Board), the National Credit 
Union Administration (NCUA), the Consumer Financial Protection Bureau 
(CFPB), and State agencies. On January 12, 2011, the ASC determined 
that a national appraisal hotline did not exist, and a notice of that 
determination was published in the Federal Register on January 28, 2011 
(76 FR 5161). As a result, the ASC established a hotline to refer 
complaints to appropriate state and Federal regulators.
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    \1\ Dodd-Frank Wall Street Reform and Consumer Protection Act 
section 1473, Public Law 111-203, 124 Stat. 1376, July 21, 2010; 12 
U.S.C. 3351(i).
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    Representatives from the Agencies, the Board, the NCUA, and the 
CFPB met and established a process to facilitate the referral of 
complaints received through the ASC Hotline to the appropriate Federal 
financial institution regulatory agency or agencies. The Agencies, the 
Board, and the NCUA developed the Interagency Appraisal Complaint Form 
(IACF) to collect the information necessary to take further action on 
the complaint. The CFPB incorporated the process into one of their 
existing systems.

Description of the IACF

    The IACF was developed for use by those who wish to file a formal, 
written complaint that an entity subject to the jurisdiction of one or 
more Agencies, the Board, or the NCUA has failed to comply with the 
appraisal independence standards or USPAP. The IACF is designed to 
collect information necessary for one or both of the Agencies, the 
Board, or the NCUA to take further action on a complaint from an 
appraiser, other individual, financial

[[Page 9586]]

institution, or other entities. The Agencies, the Board, and the NCUA 
use the information to take further action on the complaint to the 
extent the complaint relates to an issue within their jurisdiction. The 
Board and the NCUA are renewing their forms separately.
    The OCC and FDIC estimate that the burden of this collection of 
information is as follows:

OCC

    OMB Control Number: 1557-0314.
    Estimated Number of Respondents: 1,500.
    Estimated Burden per Response: 0.5 hours.
    Estimated Total Annual Burden: 750 hours.

FDIC

    OMB Control Number: 3064-0190.
    Estimated Number of Respondents: 200.
    Estimated Burden per Response: 0.5 hours.
    Estimated Total Annual Burden: 100 hours.
    The Agencies issued a notice regarding the collection for 60 days 
of comment on December 4, 2015, 80 FR 75896. 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 Agencies, including whether 
the information has practical utility;
    (b) The accuracy of the Agencies' estimates 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 start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: February 17, 2016.
Mary Hoyle Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
    Dated at Washington, DC, this 19th day of February 2016.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-03968 Filed 2-24-16; 8:45 am]
 BILLING CODE 4810-33-P; 6714-01-P

Federal Register / Vol. 81, No. 37 / Thursday, February 25, 2016 / Notices 9585

Dated: February 19, 2016. that visitors make an appointment to Interagency Appraisal Complaint Form
Mary Hoyle Gottlieb, inspect comments. You may do so by Section 1473(p) of the Dodd-Frank
Regulatory Specialist, Legislative and calling (202) 649–6700 or, for persons Wall Street Reform and Consumer
Regulatory Activities Division. who are deaf or hard of hearing, TTY, Protection Act 1 provides that the
[FR Doc. 2016–03966 Filed 2–24–16; 8:45 am] (202) 649–5597. Upon arrival, visitors Appraisal Subcommittee (ASC) of the
BILLING CODE 4810–33–P will be required to present valid Federal Financial Institutions
government-issued photo identification Examination Council (FFIEC) shall
and submit to security screening in establish and operate a national hotline
DEPARTMENT OF THE TREASURY order to inspect and photocopy (ASC Hotline) to receive complaints of
comments. non-compliance with the appraisal
Office of the Comptroller of the All comments received, including independence standards of the Uniform
Currency attachments and other supporting Standards of Professional Appraisal
materials, are part of the public record Practice (USPAP) if the ASC determines,
FEDERAL DEPOSIT INSURANCE and subject to public disclosure. Do not six months after enactment of that
CORPORATION include any information in your section (i.e., January 21, 2011), that no
comment or supporting materials that such national hotline exists. The statute
Agency Information Collection you consider confidential or requires that the ASC Hotline shall
Activities: Information Collection inappropriate for public disclosure. include a toll-free telephone number
Renewal; Submission for OMB Review; FDIC: You may submit comments by and an email address. Section 1473(p)
Interagency Appraisal Complaint Form any of the following methods: further directs the ASC to refer
AGENCY: Office of the Comptroller of the • Federal eRulemaking Portal: http:// complaints received through the ASC
Currency, Treasury (OCC) and Federal www.regulations.gov. Follow the Hotline to the appropriate government
Deposit Insurance Corporation (FDIC). instructions for submitting comments. bodies for further action, which may
ACTION: Joint notice and request for
• Agency Web site: http:// include referrals to the Agencies, the
comment. www.FDIC.gov/regulations/laws/ Federal Reserve Board (Board), the
federal/. National Credit Union Administration
SUMMARY: The OCC and the FDIC (the • Mail: Gary Kuiper (202.898.3877), (NCUA), the Consumer Financial
Agencies), as part of their continuing Counsel, MB–3016, or Manuel Cabeza Protection Bureau (CFPB), and State
effort to reduce paperwork and (202.898.3767), Counsel, MB–3105, agencies. On January 12, 2011, the ASC
respondent burden, invite the general Legal Division, Federal Deposit determined that a national appraisal
public and other Federal agencies to Insurance Corporation, 550 17th Street hotline did not exist, and a notice of
take this opportunity to comment on an NW., Washington, DC 20429. that determination was published in the
information collection renewal, as • Hand Delivered/Courier: The guard Federal Register on January 28, 2011
required by the Paperwork Reduction station at the rear of the 550 17th Street (76 FR 5161). As a result, the ASC
Act of 1995 (PRA). Building (located on F Street), on established a hotline to refer complaints
An agency may not conduct or business days between 7:00 a.m. and to appropriate state and Federal
sponsor, and a respondent is not 5:00 p.m. regulators.
required to respond to, an information • Email: comments@FDIC.gov. Representatives from the Agencies,
collection unless it displays a currently Instructions: Comments submitted the Board, the NCUA, and the CFPB met
valid Office of Management and Budget must include ‘‘Interagency Appraisal and established a process to facilitate
(OMB) control number. Complaint Form.’’ Comments received the referral of complaints received
The Agencies are soliciting comment will be posted without change to through the ASC Hotline to the
concerning the renewal of each http://www.FDIC.gov/regulations/laws/ appropriate Federal financial institution
Agency’s information collection titled federal/, including any personal regulatory agency or agencies. The
‘‘Interagency Appraisal Complaint information provided. Agencies, the Board, and the NCUA
Form.’’ The Agencies also are giving Additionally, please send a copy of developed the Interagency Appraisal
notice that they have each sent their your comments by mail to: OCC Desk Complaint Form (IACF) to collect the
collection to OMB for review. Officer, 1557–0314 or 3064–0190, U.S. information necessary to take further
DATES: Comments must be received by Office of Management and Budget, 725 action on the complaint. The CFPB
March 28, 2016. 17th Street NW., #10235, Washington, incorporated the process into one of
ADDRESSES:
DC 20503, or by email to: oira_ their existing systems.
OCC: Because paper mail in the submission@omb.eop.gov.
Description of the IACF
Washington, DC area and at the OCC is FOR FURTHER INFORMATION CONTACT:
OCC: Shaquita Merritt, OCC Clearance The IACF was developed for use by
subject to delay, commenters are those who wish to file a formal, written
encouraged to submit comments by Officer, (202) 649–5490 or, for persons
who are deaf or hard of hearing, TTY, complaint that an entity subject to the
email, if possible. Comments may be jurisdiction of one or more Agencies,
sent to: Legislative and Regulatory (202) 649–5597. Legislative and
Regulatory Activities Division, Office of the Board, or the NCUA has failed to
Activities Division, Office of the comply with the appraisal
Comptroller of the Currency, Attention: the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219. independence standards or USPAP. The
1557–0314, 400 7th Street SW., Suite IACF is designed to collect information
FDIC: Gary Kuiper or Manuel Cabeza
mstockstill on DSK4VPTVN1PROD with NOTICES

3E–218, Mail Stop 9W–11, Washington, necessary for one or both of the
DC 20219. In addition, comments may at the address or telephone number
given above. Agencies, the Board, or the NCUA to
be sent by fax to (571) 465–4326 or by take further action on a complaint from
electronic mail to prainfo@occ.treas.gov. SUPPLEMENTARY INFORMATION: In
an appraiser, other individual, financial
You may personally inspect and compliance with the PRA, 44 U.S.C.
photocopy comments at the OCC, 400 3501 et seq., the Agencies are seeking 1 Dodd-Frank Wall Street Reform and Consumer
7th Street SW., Washington, DC 20219. comment on the renewal of the Protection Act section 1473, Public Law 111–203,
For security reasons, the OCC requires following collection of information: 124 Stat. 1376, July 21, 2010; 12 U.S.C. 3351(i).

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9586 Federal Register / Vol. 81, No. 37 / Thursday, February 25, 2016 / Notices

institution, or other entities. The DEPARTMENT OF THE TREASURY elections) on behalf of a controlled
Agencies, the Board, and the NCUA use foreign corporation or noncontrolled
the information to take further action on Internal Revenue Service section 902 corporation to sign a jointly
the complaint to the extent the executed consent (that is retained by
complaint relates to an issue within Proposed Collection; Comment one designated shareholder) and to
their jurisdiction. The Board and the Request for Regulation Project attach a statement to their tax returns for
NCUA are renewing their forms AGENCY: Internal Revenue Service (IRS), the election year.
separately. Treasury. Current Actions: There is no change
The OCC and FDIC estimate that the ACTION: Notice and request for in the paperwork burden previously
burden of this collection of information comments. approved by OMB.
is as follows: Type of Review: Extension of a
SUMMARY: The Department of the
OCC Treasury, as part of its continuing effort currently approved collection.
OMB Control Number: 1557–0314. to reduce paperwork and respondent Affected Public: Individuals and
Estimated Number of Respondents: burden, invites the general public and Households, Businesses and other for-
1,500. other Federal agencies to take this profit organizations.
Estimated Burden per Response: 0.5 opportunity to comment on proposed Estimated Number of Respondents:
hours. and/or continuing information 50.
collections, as required by the Estimated Time per Respondent: 30
Estimated Total Annual Burden: 750
Paperwork Reduction Act of 1995, minutes.
hours.
Public Law 104–13 (44 U.S.C.
FDIC 3506(c)(2)(A)). Currently, the IRS is Estimated Total Annual Burden
soliciting comments concerning Hours: 25.
OMB Control Number: 3064–0190.
Application of Separate Limitations to The following paragraph applies to all
Estimated Number of Respondents: Dividends From Noncontrolled Section of the collections of information covered
200. 902 Corporations. by this notice:
Estimated Burden per Response: 0.5 DATES: Written comments should be An agency may not conduct or
hours. received on or before April 25, 2016 to sponsor, and a person is not required to
Estimated Total Annual Burden: 100 be assured of consideration. respond to, a collection of information
hours. ADDRESSES: Direct all written comments unless the collection of information
The Agencies issued a notice to Tuawana Pinkston, Internal Revenue displays a valid OMB control number.
regarding the collection for 60 days of Service, Room 6129, 1111 Constitution Books or records relating to a collection
comment on December 4, 2015, 80 FR Avenue NW., Washington, DC 20224. of information must be retained as long
75896. No comments were received. as their contents may become material
FOR FURTHER INFORMATION CONTACT:
Comments continue to be invited on: in the administration of any internal
Requests for additional information or
(a) Whether the collection of copies of the regulation should be revenue law. Generally, tax returns and
information is necessary for the proper directed to Martha R. Brinson, Internal tax return information are confidential,
performance of the functions of the Revenue Service, Room 6129, 1111 as required by 26 U.S.C. 6103.
Agencies, including whether the Constitution Avenue NW., Washington, Request for Comments: Comments
information has practical utility; DC 20224, or through the Internet at submitted in response to this notice will
(b) The accuracy of the Agencies’ Martha.R.Brinson@irs.gov. be summarized and/or included in the
estimates of the burden of the collection SUPPLEMENTARY INFORMATION: request for OMB approval. All
of information; Title: Application of Separate comments will become a matter of
(c) Ways to enhance the quality, Limitations to Dividends From public record. Comments are invited on:
utility, and clarity of the information to Noncontrolled Section 902 (a) Whether the collection of
be collected; Corporations. information is necessary for the proper
(d) Ways to minimize the burden of OMB Number: 1545–2014. performance of the functions of the
the collection on respondents, including Form Number: TD 9452. agency, including whether the
through the use of automated collection Abstract: The final regulations require information shall have practical utility;
techniques or other forms of information a collection of information in order for (b) the accuracy of the agency’s estimate
technology; and a taxpayer to make certain tax elections. of the burden of the collection of
(e) Estimates of capital or start-up The American Jobs Creation Act of 2004 information; (c) ways to enhance the
costs and costs of operation, amended the foreign tax credit quality, utility, and clarity of the
maintenance, and purchase of services treatment of dividends from information to be collected; (d) ways to
to provide information. noncontrolled section 902 corporations minimize the burden of the collection of
effective for post-2002 tax years, and the information on respondents, including
Dated: February 17, 2016.
Gulf Opportunity Zone Act of 2005 through the use of automated collection
Mary Hoyle Gottlieb, permitted taxpayers to elect to defer the
Regulatory Specialist, Legislative and
techniques or other forms of information
effective date of these amendments until technology; and (e) estimates of capital
Regulatory Activities Division, Office of the post-2004 tax years (GOZA election).
Comptroller of the Currency. or start-up costs and costs of operation,
mstockstill on DSK4VPTVN1PROD with NOTICES

Treas. Reg. § 1.904–7(f)(9)(ii)(C) requires maintenance, and purchase of services
Dated at Washington, DC, this 19th day of a taxpayer making the GOZA election to
February 2016. to provide information.
attach a statement to such effect to its
Federal Deposit Insurance Corporation. next tax return for which the due date Approved: February 18, 2016.
Robert E. Feldman, (with extensions) is more than 90 days Tuawana Pinkston,
Executive Secretary. after April 25, 2006. Treas. Reg. § 1.964– IRS Reports Clearance Officer.
[FR Doc. 2016–03968 Filed 2–24–16; 8:45 am] 1(c)(3) requires certain shareholders [FR Doc. 2016–04021 Filed 2–24–16; 8:45 am]
BILLING CODE 4810–33–P; 6714–01–P making tax elections (section 964 BILLING CODE 4830–01–P

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Document Created: 2018-02-02 14:35:18
Document Modified: 2018-02-02 14:35:18

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		Joint notice and request for comment.
Dates		Comments must be received by March 28, 2016.
Contact		OCC: 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., Washington, DC 20219.
FR Citation		81 FR 9585

81 FR 9585 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Interagency Appraisal Complaint Form

DEPARTMENT OF THE TREASURYOffice of the Comptroller of the CurrencyFEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 37 (February 25, 2016)

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL DEPOSIT INSURANCE CORPORATION