Agency Information Collection Activities: Revision of an Information Collection; Comment Request, 15857-15858 [05-6121]
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Federal Register / Vol. 70, No. 59 / Tuesday, March 29, 2005 / Notices
FEDERAL COMMUNICATIONS
COMMISSION
Notice of Public Information
Collection(s) Being Reviewed by the
Federal Communications Commission
for Extension Under Delegated
Authority
March 22, 2005.
SUMMARY: The Federal Communications
Commission, as part of its continuing
effort to reduce paperwork burden
invites the general public and other
Federal agencies to take this
opportunity to comment on the
following information collection(s), as
required by the Paperwork Reduction
Act of 1995, Pub. L. 104–13. An agency
may not conduct or sponsor a collection
of information unless it displays a
currently valid control number. No
person shall be subject to any penalty
for failing to comply with a collection
of information subject to the Paperwork
Reduction Act (PRA) that does not
display a valid control number.
Comments are requested concerning (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
burden estimate; (c) ways to enhance
the quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on the respondents,
including the use of automated
collection techniques or other forms of
information technology.
DATES: Written Paperwork Reduction
Act (PRA) comments should be
submitted on or before May 31, 2005. If
you anticipate that you will be
submitting comments, but find it
difficult to do so within the period of
time allowed by this notice, you should
advise the contact listed below as soon
as possible.
ADDRESSES: Direct all Paperwork
Reduction Act (PRA) comments to Les
Smith, Federal Communications
Commission, 445 12th Street, SW.,
Room 1–A804, Washington, DC 20554
or via the Internet to
Leslie.Smith@fcc.gov.
For
additional information or copies of the
information collections contact Les
Smith at (202) 418–0217 or via the
Internet at Leslie.Smith@fcc.gov.
SUPPLEMENTARY INFORMATION:
OMB Control Number: 3060–0862.
Title: Handling Confidential
Information.
Form Number: N/A.
FOR FURTHER INFORMATION CONTACT:
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17:01 Mar 28, 2005
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Type of Review: Extension of a
currently approved collection.
Respondents: Business or other forprofit entities; Not-for-profit
institutions; Federal Government; and
State, local, or tribal government.
Number of Respondents: 600.
Estimated Time per Response: 1 to 3
hours.
Frequency of Response:
Recordkeeping; On occasion reporting
requirement; Third party disclosure.
Total Annual Burden: 800 hours.
Total Annual Cost: None.
Privacy Impact Assessment: N/A.
Needs and Uses: On August 4, 1998,
the FCC released a Report and Order
(R&O), Examination of Current Policy
Concerning the Treatment of
Confidential Information Submitted to
the Commission, CG Docket No. 96–55.
The R&O included a Model Protective
Order (MPO) that is used, when
appropriate, to grant limited access to
information that the Commission
determines should not be routinely
available for public inspection. The
party granted access to the confidential
information materials must keep a
written record of all copies made and
provide this record to the submitter of
the confidential materials upon request.
This approach was adopted to facilitate
the use of confidential materials under
an MPO, instead of restricting access to
materials. In addition, the FCC amended
47 CFR 0.459(b) to set forth the type of
information that should be included
when a party submits information to the
Commission for which it seeks
confidential treatment. This listing of
types of information to be submitted
was adopted to provide guidance to the
public for confidentiality requests.
Federal Communications Commission.
Marlene H. Dortch,
Secretary.
[FR Doc. 05–6174 Filed 3–28–05; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATON
Agency Information Collection
Activities: Revision of an Information
Collection; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:
SUMMARY: The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to comment on the proposed
revision of an information collection, as
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Sfmt 4703
15857
required by the Paperwork Reduction
Act (PRA, 44 U.S.C. chapter 35).
Currently, the FDIC is soliciting
comments concerning an information
collection titled ‘‘Account Based
Disclosures in Connection with Federal
Reserve Regulations E, CC and DD.’’
DATES: Comments must be submitted on
or before March 31, 2005.
ADDRESSES: Interested parties are
invited to submit written comments to
Thomas Nixon, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street, NW., Washington, DC 20429. All
comments should refer to ‘‘Account
Based Disclosures in Connection with
Federal Reserve Regulations E, CC, and
DD.’’ 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. Comments may also be
submitted to the OMB desk officer for
the FDIC: Mark Menchik, Office of
Information and Regulatory Affairs,
Office of Management and Budget, New
Executive Office Building, Washington,
DC 20503.
FOR FURTHER INFORMATION CONTACT:
Thomas Nixon, (202) 898–8766, or at
the address above.
SUPPLEMENTARY INFORMATION: Proposal
to revise the following currently
approved collection of information:
Title: Account Based Disclosures in
Connection with Federal Reserve
Regulations E, CC, and DD.
OMB Number: 3064–0084.
Affected Public: State chartered banks
that are not members of the Federal
Reserve System.
Information about the Collection and
Proposed Changes to it: This FDIC
information collection provides for the
application of Regulations E (Electronic
Fund Transfers), CC (Availability of
Funds), and DD (Truth in Savings) to
state nonmember banks. Regulations E,
CC, and DD are issued by the Federal
Reserve Board of Governors (FRB) to
ensure, among other things, that
consumers are provided adequate
disclosures regarding accounts,
including electronic fund transfer
services, availability of funds, and fees
and annual percentage yield for deposit
accounts. The FDIC is providing this
notice in order to keep its Office of
Management and Budget (OMB)
approved information collection
consistent with changes the FRB
proposed to Regulation E, 12 CFR part
205, (69 FR 55996, Sept. 17, 2004).
Currently, Regulation E requires
respondents to provide disclosures of
basic terms, costs, and rights relating to
electronic fund transfer services.
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15858
Federal Register / Vol. 70, No. 59 / Tuesday, March 29, 2005 / Notices
If the proposed changes to Regulation
E are made final, state nonmember
banks will need to modify their
Regulation E disclosures to provide
initial disclosures that electronic check
conversion transactions are a new type
of transfer that can be made from a
consumer’s account. The FDIC estimates
that it will require institutions, on
average, one business day to reprogram
and update systems to include the new
notice concerning electronic check
conversion disclosure to their ongoing
Regulation E disclosure requirements.
The one-time burden would be 42,400
hours (8 hours × 5,300 respondents).
If the proposed changes to Regulation
E are made final, institutions involved
in offering payroll card accounts will be
required to ensure compliance with
Regulation E and provide disclosure of
basic terms, costs, and rights relating to
electronic fund transfer services in
connection with the payroll card
account. Certain information must be
disclosed to consumers, including:
initial and updated electronic fund
transfer terms, transaction information,
periodic statements of activity, the
consumer’s potential liability for
unauthorized transfers, and error
resolution rights and procedures. The
disclosures are standardized and
machine-generated and do not
substantively change from one
individual account to another; thus, the
average time for providing the
disclosure to all consumers should be
minimal.
The FDIC estimates that five state
nonmember banks participate in payroll
card account programs and that each
institution will make approximately
5,000 disclosures which will require an
average of 1.5 minutes per disclosure to
prepare and distribute, resulting in 625
hours of annual burden. The FDIC
estimates that the five institutions will
take, on average, 7 hours to prepare and
distribute 12 periodic statements for an
annual burden of 420 hours. The FDIC
estimates that the five respondents will
take, on average, 30 minutes for eight
error resolution procedures for a total of
20 hours. The payroll card account
disclosures would add 1,065 hours of
ongoing burden to the current annual
Regulation E burden of 28,930 hours.
At this time, the FDIC does not
believe that any state nonmember banks
are engaged in electronic check
conversion transactions as a merchant
or payee. The FDIC is not proposing to
make any changes to the Regulation CC
or DD parts of the OMB approved
information collection. The FDIC’s
burden estimate is based on the FRB’s
proposed rule; we will adjust it as
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17:01 Mar 28, 2005
Jkt 205001
necessary to make it consistent with the
FRB’s final rule.
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
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 request to OMB
for renewal of this collection. All
comments will become a matter of
public record.
Dated in Washington, DC, this 22nd day of
March, 2005.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 05–6121 Filed 3–28–05; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR Part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The application also will be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
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Fmt 4703
Sfmt 4703
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Additional information on all bank
holding companies may be obtained
from the National Information Center
website at www.ffiec.gov/nic/.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than April 22, 2005.
A. Federal Reserve Bank of Atlanta
(Andre Anderson, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30303:
1. Hometown Community Bancshares,
Inc., Braselton, Georgia; to become a
bank holding company by acquiring 100
percent of the voting shares of
Hometown Community Bank of Georgia
(in organization), Braselton, Georgia.
B. Federal Reserve Bank of
Minneapolis (Jacqueline G. Nicholas,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480-0291:
1. Deerwood Bancshares, Inc.,
Deerwood, Minnesota; to merge with
Northome Bancshares, Inc., Northome,
Minnesota, and thereby indirectly
acquire Northland Community Bank,
Northome, Minnesota.
Board of Governors of the Federal Reserve
System, March 23, 2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05–6102 Filed 3–28–05; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR Part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
E:\FR\FM\29MRN1.SGM
29MRN1
]]>Agencies
[Federal Register Volume 70, Number 59 (Tuesday, March 29, 2005)]
[Notices]
[Pages 15857-15858]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-6121]
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FEDERAL DEPOSIT INSURANCE CORPORATON
Agency Information Collection Activities: Revision of an
Information 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 comment on the proposed revision of an information
collection, as required by the Paperwork Reduction Act (PRA, 44 U.S.C.
chapter 35). Currently, the FDIC is soliciting comments concerning an
information collection titled ``Account Based Disclosures in Connection
with Federal Reserve Regulations E, CC and DD.''
DATES: Comments must be submitted on or before March 31, 2005.
ADDRESSES: Interested parties are invited to submit written comments to
Thomas Nixon, Legal Division, Federal Deposit Insurance Corporation,
550 17th Street, NW., Washington, DC 20429. All comments should refer
to ``Account Based Disclosures in Connection with Federal Reserve
Regulations E, CC, and DD.'' 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. Comments may also
be submitted to the OMB desk officer for the FDIC: Mark Menchik, Office
of Information and Regulatory Affairs, Office of Management and Budget,
New Executive Office Building, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Thomas Nixon, (202) 898-8766, or at
the address above.
SUPPLEMENTARY INFORMATION: Proposal to revise the following currently
approved collection of information:
Title: Account Based Disclosures in Connection with Federal Reserve
Regulations E, CC, and DD.
OMB Number: 3064-0084.
Affected Public: State chartered banks that are not members of the
Federal Reserve System.
Information about the Collection and Proposed Changes to it: This
FDIC information collection provides for the application of Regulations
E (Electronic Fund Transfers), CC (Availability of Funds), and DD
(Truth in Savings) to state nonmember banks. Regulations E, CC, and DD
are issued by the Federal Reserve Board of Governors (FRB) to ensure,
among other things, that consumers are provided adequate disclosures
regarding accounts, including electronic fund transfer services,
availability of funds, and fees and annual percentage yield for deposit
accounts. The FDIC is providing this notice in order to keep its Office
of Management and Budget (OMB) approved information collection
consistent with changes the FRB proposed to Regulation E, 12 CFR part
205, (69 FR 55996, Sept. 17, 2004). Currently, Regulation E requires
respondents to provide disclosures of basic terms, costs, and rights
relating to electronic fund transfer services.
[[Page 15858]]
If the proposed changes to Regulation E are made final, state
nonmember banks will need to modify their Regulation E disclosures to
provide initial disclosures that electronic check conversion
transactions are a new type of transfer that can be made from a
consumer's account. The FDIC estimates that it will require
institutions, on average, one business day to reprogram and update
systems to include the new notice concerning electronic check
conversion disclosure to their ongoing Regulation E disclosure
requirements. The one-time burden would be 42,400 hours (8 hours x
5,300 respondents).
If the proposed changes to Regulation E are made final,
institutions involved in offering payroll card accounts will be
required to ensure compliance with Regulation E and provide disclosure
of basic terms, costs, and rights relating to electronic fund transfer
services in connection with the payroll card account. Certain
information must be disclosed to consumers, including: initial and
updated electronic fund transfer terms, transaction information,
periodic statements of activity, the consumer's potential liability for
unauthorized transfers, and error resolution rights and procedures. The
disclosures are standardized and machine-generated and do not
substantively change from one individual account to another; thus, the
average time for providing the disclosure to all consumers should be
minimal.
The FDIC estimates that five state nonmember banks participate in
payroll card account programs and that each institution will make
approximately 5,000 disclosures which will require an average of 1.5
minutes per disclosure to prepare and distribute, resulting in 625
hours of annual burden. The FDIC estimates that the five institutions
will take, on average, 7 hours to prepare and distribute 12 periodic
statements for an annual burden of 420 hours. The FDIC estimates that
the five respondents will take, on average, 30 minutes for eight error
resolution procedures for a total of 20 hours. The payroll card account
disclosures would add 1,065 hours of ongoing burden to the current
annual Regulation E burden of 28,930 hours.
At this time, the FDIC does not believe that any state nonmember
banks are engaged in electronic check conversion transactions as a
merchant or payee. The FDIC is not proposing to make any changes to the
Regulation CC or DD parts of the OMB approved information collection.
The FDIC's burden estimate is based on the FRB's proposed rule; we will
adjust it as necessary to make it consistent with the FRB's final rule.
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 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 request to OMB for renewal of this
collection. All comments will become a matter of public record.
Dated in Washington, DC, this 22nd day of March, 2005.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 05-6121 Filed 3-28-05; 8:45 am]
BILLING CODE 6714-01-P
