[Federal Register: October 7, 2003 (Volume 68, Number 194)]
[Notices]
[Page 57908-57909]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr07oc03-58]
=======================================================================
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The FDIC, 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 proposed and/or
continuing information collections, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is
soliciting comments concerning an information collection titled: (1)
Application for Consent to Exercise Trust Powers and (2) Appraisal
Standards.
DATES: Comments must be submitted on or before December 8, 2003.
ADDRESSES: Interested parties are invited to submit written comments to
Leneta Gregorie, Counsel (Consumer and Compliance Unit), (202) 898-
3719, Legal Division, Room 3062, Attention: Comments/Legal, Federal
Deposit Insurance Corporation, 550 17th Street NW., Washington, DC
20429. All comments should refer to the OMB control number. Comments
may be hand-delivered to the guard station at the rear of the 17th
Street Building (located on F Street), on business days between 7 a.m.
and 5 p.m. [FAX number (202) 898-3838; Internet address: comments@fdic.gov].
A copy of the comments may also be submitted to the OMB desk
officer for the FDIC: Joseph F. Lackey, Jr., Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10236, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Leneta G. Gregorie, Counsel (Consumer
and Compliance Unit) (202) 898-3719.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collections of information:
1. Title: Application for Consent to Exercise Trust Powers.
OMB Number: 3064-0025.
Form Number: 6200/09.
Frequency of Response: On occasion.
Affected Public: All financial institutions.
Estimated Number of Respondents: 18.
Estimated Time per Response: 14 applications--8 hours; 4
applications--24 hours.
Estimated Total Annual Burden: 82,150 hours.
General Description of Collection: Insured state nonmember banks
submit applications to the FDIC for consent to exercise trust powers.
Applications are evaluated by the FDIC to verify qualifications of bank
management to administer a trust department and to ensure that the
bank's financial condition will not be jeopardized as a result of trust
operations.
2. Title: Appraisal Standards.
OMB Number: 3064-0103.
Frequency of Response: On occasion.
Affected Public: All financial institutions.
Estimated Number of Respondents: 5,346.
Estimated Number of Responses: 328,600.
Estimated Time per Response: 15 minutes.
Estimated Annual Burden: 82,150 hours.
General Description of Collection: FIRREA directs the FDIC to
prescribe appropriate standards for the performance of real estate
appraisals in connection with federally related transactions under its
jurisdiction. The information collection activities attributable to 12
CFR part 323 are a direct consequence of the statutory requirements and
the legislative intent.
Request for Comment
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the FDIC's functions,
including whether
[[Page 57909]]
the information has practical utility; (b) the accuracy of the
estimates of the burden of the information collection, including the
validity of the methodology and assumptions used; (c) ways to enhance
the quality, utility, and clarity of the information to be collected;
and (d) ways to minimize the burden of the information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology. At the end of the
comment period, the comments and recommendations received will be
analyzed to determine the extent to which the collection should be
modified prior to submission to OMB for review and approval. Comments
submitted in response to this notice also will be summarized or
included in the FDIC's requests to OMB for renewal of this collection.
All comments will become a matter of public record.
Dated in Washington, DC, this 1st day of October, 2003.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 03-25375 Filed 10-6-03; 8:45 am]
BILLING CODE 6714-01-P