82 FR 31153 - Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Assessment of Fees

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 82, Issue 127 (July 5, 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.'' The OCC also is giving notice that it has sent the collection to OMB for review.

[Federal Register Volume 82, Number 127 (Wednesday, July 5, 2017)]
[Notices]
[Pages 31153-31154]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-14002]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


 Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; 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.'' The OCC also is 
giving notice that it has sent the collection to OMB for review.

DATES: You should submit written comments by August 4, 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, 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.
    Additionally, please send a copy of your comments by mail to: OCC 
Desk Officer, 1557-0223, 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: 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.

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

[[Page 31154]]

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. The OCC is requesting that OMB 
extend its 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 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). OCC regulations require an 
independent credit card bank or independent credit card Federal savings 
association (collectively, independent credit card institutions) to pay 
an additional assessment based on receivables attributable to accounts 
owned by the national 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 an independent credit card institution 
(the receivables attributable to those accounts) on the last day of an 
assessment period, minus receivables retained on the independent credit 
card institution's balance sheet as of that day. The OCC will use the 
information to verify the accuracy of each independent credit card 
institution'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.
    The OCC issued a notice for 60 days of comment on April 4, 2017, 82 
FR 16473. 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 services to provide information.

    Dated: June 23, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2017-14002 Filed 7-3-17; 8:45 am]
BILLING CODE 4810-33-P