82 FR 16473 - Agency Information Collection Activities: Information Collection Renewal; Comment Request; Assessment of Fees

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 82, Issue 63 (April 4, 2017)

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, ``Assessment of Fees.''

[Federal Register Volume 82, Number 63 (Tuesday, April 4, 2017)]
[Notices]
[Pages 16473-16474]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-06643]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Comment Request; Assessment of Fees

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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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, ``Assessment of Fees.''

DATES: You should submit written comments by June 5, 2017.

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: 1557-0223, 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.

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance 
Officer, (202) 649-5490, Legislative and Regulatory Activities 
Division, Office of the Comptroller of the Currency, 400 7th Street 
SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal 
agencies must obtain approval from the OMB for each collection of 
information that 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 title 44 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 OMB approval of the following 
information collection:
    Title: Assessment of Fees.
    OMB Control No.: 1557-0223.
    Affected Public: Business or other for-profit.
    Type of Review: Regular review.
    Abstract: The OCC is requesting comment on its proposed extension, 
without change, of the information collection titled, ``Assessment of 
Fees--12 CFR part 8.'' The OCC is authorized by the National Bank Act 
(for national banks) and the Home Owners Loan Act (for Federal savings 
associations) to collect assessments, fees, and other charges as 
necessary or appropriate to carry out the responsibilities of the OCC. 
12 U.S.C. 482 and 1467(a), respectively; 12 U.S.C. 16 (for national 
banks and Federal savings associations). The OCC requires independent 
credit card banks and independent credit card Federal savings 
associations (collectively, independent credit card institutions) to 
pay an additional assessment based on receivables attributable to 
accounts owned by the bank or Federal savings association. Independent 
credit card institutions are national banks or Federal savings 
associations that primarily engage in credit card operations and are 
not affiliated with a full service national bank or Federal savings 
association. Under 12 CFR 8.2(c)(2), the OCC also has the authority to 
assess an independent credit card institution that is affiliated with a 
full-service national bank or full-service Federal savings association 
if the OCC concludes that the affiliation is intended to evade 12 CFR 
part 8.
    The OCC requires independent credit card institutions to provide 
the OCC with ``receivables attributable'' data. ``Receivables 
attributable'' refers to the total amount of outstanding balances due 
on credit card accounts owned by independent credit card institutions 
(the receivables attributable to those accounts) on the last day of an 
assessment period, minus receivables

[[Page 16474]]

retained on the bank or Federal savings association's balance sheet as 
of that day. The OCC will use the information to verify the accuracy of 
each national bank's and Federal savings association's assessment 
computation and to adjust the assessment rate for independent credit 
card institutions over time.
    Estimated Number of Respondents: 12.
    Estimated Total Annual Burden: 24 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 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 services to provide information.

    Dated: March 29, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2017-06643 Filed 4-3-17; 8:45 am]
BILLING CODE 4810-33-P