[Federal Register: January 17, 2006 (Volume 71, Number 10)]
[Notices]
[Page 2614-2615]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17ja06-110]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Submission for OMB
Review; Comment Request
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. 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 OMB control number. The OCC is soliciting comment
concerning its information collection titled, ``Community and Economic
Development Entities, Community Development Projects--12 CFR part 24.''
The OCC also gives notice that it has sent the information collection
to OMB for review and approval.
DATES: You should submit comments by February 16, 2006.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Public Information Room, Mailstop 1-5, Attention: 1557-0194,
250 E Street, SW., Washington, DC 20219. In addition, comments may be
sent by fax to (202) 874-4448, or by electronic mail to
regs.comments@occ.treas.gov. You can inspect and photocopy the comments
at the OCC's Public Information Room, 250 E Street, SW., Washington, DC
20219. You can make an appointment to inspect the comments by calling
(202) 874-5043.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0194, by mail to U.S. Office of Management and Budget,
725 17th Street, NW., 10235, Washington, DC 20503, or by fax
to (202) 395-6974.
FOR FURTHER INFORMATION CONTACT: You can request additional information
or a copy of the collection from Mary Gottlieb, OCC Clearance Officer,
or Camille Dixon, (202) 874-5090, Legislative and Regulatory Activities
Division, Office of the Comptroller of the Currency, 250 E Street, SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: On November 7, 2005, the OCC published in
the Federal Register (70 FR 67536) a notice concerning the revision of
this information collection. The OCC received no public comments and is
now submitting its request to OMB for approval.
Title: Community and Economic Development Entities, Community
Development Projects--12 CFR 24.
OMB Number: 1557-0194.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB approve its revised
estimates and extend its approval of the information collection.
Section 24.5(a) provides that an eligible bank may make an
investment without prior notification to, or approval by, the OCC if
the bank submits an after-the-fact notification of an investment within
10 days after it makes the investment.
Section 24.5(a)(4) provides that a national bank that is not an
eligible bank but that is at least adequately capitalized may submit a
letter to the OCC requesting authority to self-certify investments.
Section 24.5(b) provides that if a national bank does not meet the
requirements for after-the-fact notification, the bank must submit an
investment proposal to the OCC.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals; Businesses or other for-profit.
Estimated Number of Respondents: 250.
Estimated Total Annual Responses: 250.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 371 hours.
Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information has practical utility;
(b) The accuracy of the agency's estimate of the burden of the
collection of information;
[[Page 2615]]
(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 startup costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: January 9, 2006.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. E6-405 Filed 1-13-06; 8:45 am]
BILLING CODE 4810-33-P