83 FR 26286 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 109 (June 6, 2018)

Page Range		26286-26287
FR Document		2018-12121

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Survey of Consumer Finances (FR 3059; OMB No.7100-0287).

Federal Register, Volume 83 Issue 109 (Wednesday, June 6, 2018)

[Federal Register Volume 83, Number 109 (Wednesday, June 6, 2018)]
[Notices]
[Pages 26286-26287]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-12121]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, without revision, the 
Survey of Consumer Finances (FR 3059; OMB No.7100-0287).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551, (202) 
452-3829. Telecommunications Device for the Deaf (TDD) users may 
contact (202) 263-4869, Board of Governors of the Federal Reserve 
System, Washington, DC 20551.

[[Page 26287]]

    OMB Desk Officer--Shagufta Ahmed--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503 
or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management 
and Budget (OMB) delegated to the Board authority under the Paperwork 
Reduction Act (PRA) to approve of and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
Submission, supporting statements and approved collection of 
information instrument(s) are placed into OMB's public docket files. 
The Federal Reserve may not conduct or sponsor, and the respondent is 
not required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following report:
    Report title: 2019 Survey of Consumer Finances (SCF).
    Agency form number: FR 3059.
    OMB control number: 7100-0287.
    Frequency: One-time survey.
    Respondents: U.S. families.
    Estimated number of respondents: Pretest, 150; and Main survey, 
7,000.
    Estimated average hours per response: Pretest, 90 minutes; and Main 
survey, 90 minutes.
    Estimated annual burden hours: Pretest, 225 hours; and Main survey, 
10,500 hours.
    General description of report: This would be the thirteenth 
triennial SCF since 1983, the beginning of the current series. This 
survey is the only source of representative information on the 
structure of U.S. families' finances. The survey would collect data on 
the assets, debts, income, work history, pension rights, use of 
financial services, and attitudes of a sample of U.S. families. Because 
the ownership of some assets is relatively concentrated in a small 
number of families, the survey would make a special effort to ensure 
proper representation of such assets by systematically oversampling 
wealthier families.
    Legal authorization and confidentiality: Section 2A of the Federal 
Reserve Act (FRA) requires that the Board and the Federal Open Market 
Committee (FOMC) maintain long run growth of the monetary and credit 
aggregates commensurate with the economy's long run potential to 
increase production, so as to promote effectively the goals of maximum 
employment, stable prices, and moderate long-term interest rates (12 
U.S.C. 225a). In addition, under section 12A of the FRA, the FOMC is 
required to implement regulations relating to the open market 
operations conducted by Federal Reserve Banks. Those transactions must 
be governed with a view to accommodating commerce and business and with 
regard to their bearing upon the general credit situation of the 
country (12 U.S.C. 263). The Board and the FOMC use the information 
obtained from the FR 3059 to help fulfill these obligations. The FR 
3059 is a voluntary survey. The information collected on the FR 3059 is 
exempt from disclosure in identifiable form under exemption 6 of the 
Freedom of Information Act, which protects information that the 
disclosure of which would constitute an unwarranted invasion of 
personal privacy of individuals involved (5 U.S.C. 552(b)(6)).
    Current actions: On March 15, 2018, the Board published a notice in 
the Federal Register (83 FR 11520) requesting public comment for 60 
days on the extension, without revision, of the Survey of Consumer 
Finances. The comment period for this notice expired on May 14, 2018. 
The Board did not receive any comments. The information collection will 
be extended as proposed.

    Board of Governors of the Federal Reserve System, June 1, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018-12121 Filed 6-5-18; 8:45 am]
BILLING CODE 6210-01-P

26286 Federal Register / Vol. 83, No. 109 / Wednesday, June 6, 2018 / Notices

court made clear, means ‘‘callers . . . Council asks the Commission to 11. The Bureau also seeks comment
have no need to train every retail reconsider its reliance on common-law on the interplay between the Broadnet
employee on the finer points of agency principles and clarify that decision and the Budget Act
revocation’’ and have ‘‘every incentive contractors acting on behalf of the amendments—if a federal contractor is
to avoid TCPA liability by making federal government are not ‘‘persons’’ not a ‘‘person’’ for purposes of the TCPA
available clearly-defined and easy-to- under the TCPA. (as the Commission held in Broadnet),
use opt-out methods.’’ The Bureau seeks 9. The Bureau seeks comment on would the rules adopted in the 2016
comment on what opt-out methods issues raised in those petitions and Federal Debt Collection Rules even
would be sufficiently clearly defined whether contractors acting on behalf of apply to a federal contractor collecting
and easy to use such that ‘‘any effort to federal, state, and local governments are a federal debt?
sidestep the available methods in favor ‘‘persons’’ under the TCPA. While the Do persons who are not federal
of idiosyncratic or imaginative question of whether contractors acting contractors collect federal debts? Or
revocation requests might well be seen on behalf of state and local governments does the Budget Act amendment
as unreasonable.’’ For example, what are ‘‘persons’’ for purposes of the TCPA underlying the 2016 Federal Debt
opt-out method would be clearly is not raised in the pending petitions for Collection Rules undermine the
defined and sufficiently easy to use for reconsideration of the Broadnet rationale of Broadnet?
unwanted calls? Pushing a standardized Declaratory Ruling, the Commission has Federal Communications Commission.
code (such as ‘‘*7’’)? Saying ‘‘stop not addressed these questions. Should it
Gregory Haledjian,
calling’’ in response to a live caller? do so now? Are all three levels of
Offering opt-out through a website? For government subject to the same legal Legal Advisor, Consumer and Governmental
Affairs Bureau.
unwanted texts, would a response of framework in determining whether they
[FR Doc. 2018–12084 Filed 6–5–18; 8:45 am]
‘‘stop’’ or similar keywords be are ‘‘persons’’? How is a state or local
sufficiently easy to use and clearly government official, or a contractor BILLING CODE 6712–01–P

defined? What other methods would be making calls on their behalf, legally
sufficient? And must callers offer all or similar to or different from federal
some combination of such methods to government callers?
10. Fifth, the Bureau seeks renewed FEDERAL DEPOSIT INSURANCE
qualify?
8. Fourth, in light of the court’s comment on the pending petition for CORPORATION
decision on several key TCPA issues, reconsideration of the 2016 Federal Debt Notice of Termination of Receiverships
the Bureau seeks renewed comment on Collection Rules, published at 81 FR
two pending petitions for 80594, November 16, 2016, filed by The Federal Deposit Insurance
reconsideration of the Commission’s Great Lakes Higher Education Corp. et Corporation (FDIC or Receiver), as
Broadnet Declaratory Ruling. In the al. Great Lakes asks the Commission to Receiver for each of the following
first, National Consumer Law Center reconsider several aspects of the rules, insured depository institutions, was
asks the Commission to reconsider its including the applicability of the charged with the duty of winding up the
interpretation of ‘‘person’’ and clarify TCPA’s limits on calls to reassigned affairs of the former institutions and
that federal government contractors, wireless numbers. In light of the court’s liquidating all related assets. The
regardless of their status as common-law opinion on reassigned numbers, the Receiver has fulfilled its obligations and
agents, are ‘‘persons’’ under the TCPA. Bureau seeks renewed comment on this made all dividend distributions
In the second, Professional Services and other issues raised by the petition. required by law.

NOTICE OF TERMINATION OF RECEIVERSHIPS
Termination
Fund Receivership name City State date

10092 ..................... Community First Bank ................................................. Prineville ........................... OR 6/1/2018
10189 ..................... Rainier Pacific Bank .................................................... Tacoma ............................. WA 6/1/2018
10252 ..................... High Desert State Bank ............................................... Albuquerque ..................... NM 6/1/2018
10388 ..................... The First National Bank of Olathe ............................... Olathe ............................... KS 6/1/2018

The Receiver has further irrevocably Federal Deposit Insurance Corporation. SUMMARY: The Board of Governors of the
authorized and appointed FDIC- Robert E. Feldman, Federal Reserve System (Board) is
Corporate as its attorney-in-fact to Executive Secretary. adopting a proposal to extend for three
execute and file any and all documents [FR Doc. 2018–12092 Filed 6–5–18; 8:45 am] years, without revision, the Survey of
that may be required to be executed by Consumer Finances (FR 3059; OMB
BILLING CODE 6714–01–P
the Receiver which FDIC-Corporate, in No.7100–0287).
its sole discretion, deems necessary, FOR FURTHER INFORMATION CONTACT:
including but not limited to releases, Federal Reserve Board Clearance
discharges, satisfactions, endorsements, FEDERAL RESERVE SYSTEM Officer—Nuha Elmaghrabi—Office of
assignments, and deeds. Effective on the the Chief Data Officer, Board of
daltland on DSKBBV9HB2PROD with NOTICES

termination dates listed above, the Agency Information Collection Governors of the Federal Reserve
Receiverships have been terminated, the Activities: Announcement of Board System, Washington, DC 20551, (202)
Receiver has been discharged, and the Approval Under Delegated Authority 452–3829. Telecommunications Device
Receiverships have ceased to exist as and Submission to OMB for the Deaf (TDD) users may contact
legal entities. (202) 263–4869, Board of Governors of
AGENCY: Board of Governors of the the Federal Reserve System,
Dated at Washington, DC, on May 31, 2018. Federal Reserve System. Washington, DC 20551.

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Federal Register / Vol. 83, No. 109 / Wednesday, June 6, 2018 / Notices 26287

OMB Desk Officer—Shagufta Federal Reserve Act (FRA) requires that the offices of the Board of Governors.
Ahmed—Office of Information and the Board and the Federal Open Market Interested persons may express their
Regulatory Affairs, Office of Committee (FOMC) maintain long run views in writing to the Reserve Bank
Management and Budget, New growth of the monetary and credit indicated for that notice or to the offices
Executive Office Building, Room 10235, aggregates commensurate with the of the Board of Governors. Comments
725 17th Street NW, Washington, DC economy’s long run potential to increase must be received not later than June 22,
20503 or by fax to (202) 395–6974. production, so as to promote effectively 2018.
SUPPLEMENTARY INFORMATION: On June the goals of maximum employment, A. Federal Reserve Bank of
15, 1984, the Office of Management and stable prices, and moderate long-term Philadelphia (William Spaniel, Senior
Budget (OMB) delegated to the Board interest rates (12 U.S.C. 225a). In Vice President) 100 North 6th Street,
authority under the Paperwork addition, under section 12A of the FRA, Philadelphia, Pennsylvania 19105–
Reduction Act (PRA) to approve of and the FOMC is required to implement 1521. Comments can also be sent
assign OMB control numbers to regulations relating to the open market electronically to
collection of information requests and operations conducted by Federal Comments.applications@phil.frb.org:
requirements conducted or sponsored Reserve Banks. Those transactions must 1. Roger L. Dirlam, Honesdale,
by the Board. Board-approved be governed with a view to Pennsylvania, as custodian for Marlee
collections of information are accommodating commerce and business Brooks Dirlam, Honesdale,
incorporated into the official OMB and with regard to their bearing upon Pennsylvania, and Drew Benson Dirlam,
inventory of currently approved the general credit situation of the Honesdale, Pennsylvania, as trustee for
collections of information. Copies of the country (12 U.S.C. 263). The Board and the Trust for Marlee Brooks Dirlam and
Paperwork Reduction Act Submission, the FOMC use the information obtained the Trust for Drew Benson Dirlam and
supporting statements and approved from the FR 3059 to help fulfill these Dirlam Brothers Lumber Co. Inc.,
collection of information instrument(s) obligations. The FR 3059 is a voluntary Honesdale, Pennsylvania, and
are placed into OMB’s public docket survey. The information collected on individually; to retain voting shares of
files. The Federal Reserve may not the FR 3059 is exempt from disclosure Honat Bancorp, Inc., Honesdale,
in identifiable form under exemption 6 Pennsylvania, and thereby indirectly
conduct or sponsor, and the respondent
of the Freedom of Information Act, acquire shares of The Honesdale
is not required to respond to, an
which protects information that the National Bank, Honesdale,
information collection that has been
disclosure of which would constitute an Pennsylvania.
extended, revised, or implemented on or
unwarranted invasion of personal
after October 1, 1995, unless it displays Board of Governors of the Federal Reserve
privacy of individuals involved (5
a currently valid OMB control number. System, June 1, 2018.
U.S.C. 552(b)(6)).
Final approval under OMB delegated Ann Misback,
Current actions: On March 15, 2018,
authority of the extension for three Secretary of the Board.
the Board published a notice in the
years, without revision, of the following [FR Doc. 2018–12132 Filed 6–5–18; 8:45 am]
Federal Register (83 FR 11520)
report:
requesting public comment for 60 days BILLING CODE P
Report title: 2019 Survey of Consumer
on the extension, without revision, of
Finances (SCF).
the Survey of Consumer Finances. The
Agency form number: FR 3059.
comment period for this notice expired DEPARTMENT OF HEALTH AND
OMB control number: 7100–0287.
on May 14, 2018. The Board did not HUMAN SERVICES
Frequency: One-time survey.
receive any comments. The information
Respondents: U.S. families. Centers for Disease Control and
collection will be extended as proposed.
Estimated number of respondents: Prevention
Pretest, 150; and Main survey, 7,000. Board of Governors of the Federal Reserve
Estimated average hours per response: System, June 1, 2018. [Docket Number NIOSH 278]
Pretest, 90 minutes; and Main survey, Michele Taylor Fennell,
Assistant Secretary of the Board. Solicitation of Nominations for
90 minutes.
Appointment to the Board of Scientific
Estimated annual burden hours: [FR Doc. 2018–12121 Filed 6–5–18; 8:45 am]
Counselors (BSC), National Institute
Pretest, 225 hours; and Main survey, BILLING CODE 6210–01–P
for Occupational Safety and Health
10,500 hours.
(NIOSH)
General description of report: This
would be the thirteenth triennial SCF FEDERAL RESERVE SYSTEM
ACTION: Notice.
since 1983, the beginning of the current
series. This survey is the only source of Change in Bank Control Notices; SUMMARY: The Centers for Disease
representative information on the Acquisitions of Shares of a Bank or Control and Prevention (CDC) is seeking
structure of U.S. families’ finances. The Bank Holding Company nominations for membership on the
survey would collect data on the assets, The notificants listed below have BSC, NIOSH. The BSC consists of 15
debts, income, work history, pension applied under the Change in Bank experts in fields associated with
rights, use of financial services, and Control Act (12 U.S.C. 1817(j)) and occupational safety and health.
attitudes of a sample of U.S. families. § 225.41 of the Board’s Regulation Y (12 Nominations are being sought for
Because the ownership of some assets is CFR 225.41) to acquire shares of a bank individuals who have expertise and
relatively concentrated in a small or bank holding company. The factors qualifications necessary to contribute to
daltland on DSKBBV9HB2PROD with NOTICES

number of families, the survey would that are considered in acting on the the accomplishments of the committee’s
make a special effort to ensure proper notices are set forth in paragraph 7 of objectives. Nominees will be selected
representation of such assets by the Act (12 U.S.C. 1817(j)(7)). based on expertise in the fields of
systematically oversampling wealthier The notices are available for occupational medicine, occupational
families. immediate inspection at the Federal nursing, industrial hygiene,
Legal authorization and Reserve Bank indicated. The notices occupational safety and health
confidentiality: Section 2A of the also will be available for inspection at engineering, toxicology, chemistry,

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Document Created: 2018-06-06 00:53:50
Document Modified: 2018-06-06 00:53:50

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		On March 15, 2018, the Board published a notice in the Federal Register (83 FR 11520) requesting public comment for 60 days on the extension, without revision, of the Survey of Consumer Finances. The comment period for this notice expired on May 14, 2018. The Board did not receive any comments. The information collection will be extended as proposed.
Contact		Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452-3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors of the Federal Reserve System, Washington, DC 20551.
FR Citation		83 FR 26286