Agency Information Collection Activities: Submission for OMB Review; Comment Request, 29510-29512 [05-10220]

Download as PDF 29510 Federal Register / Vol. 70, No. 98 / Monday, May 23, 2005 / Notices clicking a link in the FCC Auction System. winning bidders at the close of the auction. V. Post-Auction Procedures E. Tribal Land Bidding Credit 140. A winning bidder that intends to use its license(s) to deploy facilities and provide services to federally recognized tribal lands that are unserved by any telecommunications carrier or that have a wireline penetration rate equal to or below 85 percent is eligible to receive a tribal land bidding credit as set forth in 47 CFR 1.2107 and 1.2110(f). A tribal land bidding credit is in addition to, and separate from, any other bidding credit for which a winning bidder may qualify. A. Down Payments and Withdrawn Bid Payments 135. After bidding has ended, the Commission will issue a public notice declaring the auction closed and identifying winning bidders, down payments, final payments, and any withdrawn bid payments due. 136. Within ten business days after release of the auction closing notice, each winning bidder must submit sufficient funds (in addition to its upfront payment) to bring its total amount of money on deposit with the Commission for Auction No. 61 to 20 percent of the net amount of its winning bids (gross bids less any applicable small business, or very small business bidding credits). In addition, by the same deadline, all bidders must pay any bid withdrawal payments due under 47 CFR 1.2104(g), as discussed in ‘‘Bid Removal and Bid Withdrawal,’’ Section IV.B.6. (Upfront payments are applied first to satisfy any withdrawn bid liability, before being applied toward down payments.) B. Final Payments 137. Each winning bidder will be required to submit the balance of the net amount of its winning bids within 10 business days after the deadline for submitting down payments. C. Long-Form Application (FCC Form 601) 138. Within ten business days after release of the auction closing notice, winning bidders must electronically submit a properly completed long-form application (FCC Form 601) for each license won through Auction No. 61. Winning bidders that are small businesses or very small businesses must demonstrate their eligibility for small business or very small business bidding credits. See 47 CFR 1.2112(b). D. Ownership Disclosure Information Report (FCC Form 602) 139. At the time it submits its longform application (FCC Form 601), each winning bidder also must comply with the ownership reporting requirements as set forth in 47 CFR 1.913, 1.919, and 1.2112. An ownership disclosure record was automatically created in the Universal Licensing System (ULS) for any applicant that submitted an FCC Form 175. However, winning bidders will be required to review and confirm that it is complete and accurate as of the date of filing Form 601. Further instructions will be provided to auction VerDate jul<14>2003 16:20 May 20, 2005 Jkt 205001 F. Default and Disqualification 141. Any high bidder that defaults or is disqualified after the close of the auction (i.e., fails to remit the required down payment within the prescribed period of time, fails to submit a timely long-form application, fails to make full payment, or is otherwise disqualified) will be subject to the payments described in 47 CFR 1.2104(g)(2). In such event the Commission may reauction the license or offer it to the next highest bidder (in descending order) at its final bid. In addition, if a default or disqualification involves gross misconduct, misrepresentation, or bad faith by an applicant, the Commission may declare the applicant and its principals ineligible to bid in future auctions, and may take any other action that it deems necessary, including institution of proceedings to revoke any existing licenses held by the applicant. G. Refund of Remaining Upfront Payment Balance 142. All applicants that submit upfront payments but are not winning bidders for a license in Auction No. 61 may be entitled to a refund of their remaining upfront payment balance after the conclusion of the auction. No refund will be made unless there are excess funds on deposit from the applicant after any applicable bid withdrawal payments have been paid. All refunds will be returned to the payer of record, as identified on the FCC Form 159, unless the payer submits written authorization instructing otherwise. 143. Bidders that drop out of the auction completely may be eligible for a refund of their upfront payments before the close of the auction. Qualified bidders that have exhausted all of their activity rule waivers, have no remaining bidding eligibility, and have not withdrawn a provisionally winning bid during the auction must submit a written refund request. If you have completed the refund instructions PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 electronically, then only a written request for the refund is necessary. If not, the request must also include wire transfer instructions, Taxpayer Identification Number (TIN) and FCC Registration Number (FRN). Send refund requests to: Federal Communications Commission, Financial Operations Center, Auctions Accounting Group, Gail Glasser, 445 12th Street, SW., Room 1–C864, Washington, DC 20554. 144. Bidders are encouraged to file their refund information electronically using the Refund Information icon in the FCC Form 175, but bidders can also fax their information to the Auctions Accounting Group at (202) 418–2843. Once the information has been approved, a refund will be sent to the party identified in the refund information. Gary D. Michaels, Deputy Chief, Auctions and Spectrum Access Division, WTB. [FR Doc. 05–10230 Filed 5–20–05; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of information collection to be submitted to OMB for review and approval under the Paperwork Reduction Act of 1995. AGENCY: SUMMARY: In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it plans to submit to the Office of Management and Budget (OMB) a request for OMB review and approval of the information collection system described below. DATES: Comments must be submitted on or before June 22, 2005. ADDRESSES: Interested parties are invited to submit written comments. All comments should refer to ‘‘Deposit Broker Processing, 3064–0143.’’ Comments may be submitted by any of the following methods: • https://www.FDIC.gov/regulations/ laws/federal/propose.html. • E-mail: comments @FDIC.gov. Include ‘‘Deposit Broker Processing, 3064–0143’’ in the subject line of the message. • Mail: Leneta G. Gregorie (202–898– 3719), Counsel, Room MB–3082, E:\FR\FM\23MYN1.SGM 23MYN1 29511 Federal Register / Vol. 70, No. 98 / Monday, May 23, 2005 / Notices Federal Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. • Hand Delivery: 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. A copy of the comments should 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, Room 3208, Washington, DC 20503, or by electronic mail to mmenchik@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: Leneta G. Gregorie at the address identified above. SUPPLEMENTARY INFORMATION: Proposal to revise the following currently approved collection of information: Title: Deposit Broker Processing. OMB Number: 3064–0143. Frequency of Response: On occasion. Affected Public: Deposit brokers and depositors of failed insured institutions. Estimated Number of Responses: See chart below. Estimated Time per Response: See chart below. Estimated Total Annual Burden: 2875 hours. General Description of Collection: When an insured institution is closed by its primary regulatory authority, the FDIC has the responsibility to pay the insured claims of the failed bank depositors pursuant to the Federal Deposit Insurance Act and the FDIC’s Deposit Insurance Coverage regulation, 12 CFR part 330. Generally, deposits are insured to a maximum of $100,000. This maximum coverage is based on ‘‘ownership rights and capacities.’’ All deposits that are maintained in the same right and capacity are added together and insured up to $100,000 in accordance with the regulations relating to deposit insurance of that particular deposit insurance ownership category. Deposits held in different ownership categories are eligible for $100,000 coverage per category. For example, as a general rule, single-ownership accounts are separately insured from trust accounts held for the benefit of others. In order to assist the FDIC in paying deposit insurance to persons who had deposited funds in a failed depository institution through a deposit broker, the FDIC requests deposit brokers who opened a deposit account in a failed institution to provide the FDIC with information about the parties for whom the broker acted as agent and the amounts of their deposits. An essential element of this collection is an electronic file from every broker that provides information about its customers and their accounts, including: Each customer’s name, address, tax identification number, and ownership interest in the account; principal balance of the account; and interest earned on the account. The FDIC also has developed forms to assist in determining account ownership and the availability of ‘‘pass-through’’ deposit insurance coverage where the account balance exceeds $100,000. The FDIC form numbers are 7200/03, /04, /05, /06, /07, /08, /09, /10, /11, /12, /13, /14, and /15. The FDIC uses these same forms to determine whether individual account holders at failed institutions may receive pass-through deposit insurance coverage. The FDIC’s use of these forms for individuals has been approved by OMB under PRA control number 3064– 0150 (expires September 30, 2007). In order to facilitate public access to the common forms and to improve administrative efficiency, the FDIC proposes to consolidate the two OMB approved collections into a single collection titled, ‘‘Forms Relating to Processing Deposit Insurance Claims,’’ under the 3064–0143 control number. BURDEN ESTIMATE, DEPOSIT BROKERS ONLY [Frequency of response: occasional] Burden per response Deposit Broker Submission Checklist ..... Diskette, following ‘‘Broker Input File Requirements.’’. Number of responses Burden hours 5 minutes ................................................. The burden will vary depending on the broker’s number of brokered accounts. 45 minutes ............................................... 70 ............................................................. 6 40 137 Exhibit B, the standard agency agreement, or the non-standard agency agreement. 1 minute ................................................... 53 responses (75% of 70 annual responses). 18 responses (25% of 70 annual responses). 70 ............................................................. Subtotal ............................................ .................................................................. .................................................................. 5 hours .................................................... 90 1 BURDEN ESTIMATE, COMBINED DEPOSIT BROKERS AND INDIVIDUALS [Frequency of response: occasional] Form No. 7200/03 7200/04 7200/05 7200/06 7200/07 7200/08 7200/09 7200/10 7200/11 7200/12 7200/13 7200/14 ....... ....... ....... ....... ....... ....... ....... ....... ....... ....... ....... ....... VerDate jul<14>2003 Form title Declaration Declaration Declaration Declaration Declaration Declaration Declaration Declaration Declaration Declaration Declaration Declaration Hours for Testamentary Deposit (Single Grantor) ................................ for Public Unit Deposit ................................................................ for Trust ...................................................................................... of Independent Activity ............................................................... of Independent Activity for Unincorporated Association ............. for Joint Ownership Deposit ....................................................... for Testamentary Deposit (Multiple Grantors) ............................ for Defined Contribution Plan ..................................................... for IRA/KEOGH Deposit ............................................................. for Defined Benefit Plan ............................................................. of Custodian Deposit .................................................................. for Health and Welfare Plan ....................................................... 16:20 May 20, 2005 Jkt 205001 PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 E:\FR\FM\23MYN1.SGM Respondents .50 .50 .50 .50 .50 .50 .50 1.0 .50 1.0 .50 1.0 23MYN1 1000 500 1100 25 25 25 500 50 50 200 50 200 Burden hours 500 250 550 12.5 12.5 12.5 250 50 25 200 25 200 29512 Federal Register / Vol. 70, No. 98 / Monday, May 23, 2005 / Notices BURDEN ESTIMATE, COMBINED DEPOSIT BROKERS AND INDIVIDUALS—Continued [Frequency of response: occasional] Form No. Form title 7200/15 ....... Declaration for Plan and Trust ....................................................................... .50 1300 650 ......................................................................................................................... .......................... 5025 2738 Subtotal 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. All comments will become a matter of public record. Dated at Washington, DC, this 18th day of May, 2005. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 05–10220 Filed 5–20–05; 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 writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of VerDate jul<14>2003 16:20 May 20, 2005 Jkt 205001 Hours 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 June 17, 2005. A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034: 1. First Horizon National Corporation, Memphis, Tennessee; to acquire 100 percent of the voting shares of United Bank and Trust Company, Saint Petersburg, Florida. B. Federal Reserve Bank of Kansas City (Donna J. Ward, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001: 1. Centennial Bank Holdings, Inc., Fort Collins, Colorado; to acquire 100 percent of the voting shares of First MainStreet Financial, Ltd., Longmont, Colorado, and thereby indirectly acquire voting shares of First MainStreet Bank, N.A., Longmont, Colorado. Board of Governors of the Federal Reserve System, May 18, 2005. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 05–10278 Filed 5–20–05; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM [Docket No. OP–1229] Federal Reserve Bank Services Private Sector Adjustment Factor Board of Governors of the Federal Reserve System. ACTION: Notice with request for comments. AGENCY: SUMMARY: The Board requests comment on potential modifications to the method for calculating the target return PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 Respondents Burden hours on equity (ROE) in the private-sector adjustment factor (PSAF). The PSAF imputes the costs that would have been incurred and profits that would have been earned had the Federal Reserve Banks’ priced services been provided by a private firm. The Monetary Control Act of 1980 (MCA) requires that the Federal Reserve set fees for its services to recover, over the long run, its actual costs of providing the services, as well as the imputed costs and profits. The Board reviews its method for calculating the PSAF periodically to assess whether it is still appropriate in light of the changing business and regulatory environment, industry practices, and accounting standards. Specifically, the Board requests comment on possible changes to the current method to compute a target rate of return on equity capital, including changes to the analytical models and peer group institutions used. The Board’s method for setting its overall level of equity capital would continue to be based on the Federal Deposit Insurance Corporation (FDIC) guidelines for a well-capitalized institution for insurance premium purposes. DATES: Comments must be submitted on or before July 22, 2005. ADDRESSES: You may submit comments, identified by Docket No. OP–1229, by any of the following methods: • Agency Web Site: https:// www.federalreserve.gov. Follow the instructions for submitting comments at https://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. • E-mail: regs.comments@federalreserve.gov • FAX: 202/452–3819 or 202/452– 3102. • Mail: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW., Washington, DC 20551. All public comments are available from the Board’s Web site at https:// www.federalreserve.gov/generalinfo/ foia/ProposedRegs.cfm as submitted, except as necessary for technical reasons. Accordingly, your comments E:\FR\FM\23MYN1.SGM 23MYN1

Agencies

[Federal Register Volume 70, Number 98 (Monday, May 23, 2005)]
[Notices]
[Pages 29510-29512]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-10220]


=======================================================================
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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

-----------------------------------------------------------------------

SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the information collection system 
described below.

DATES: Comments must be submitted on or before June 22, 2005.

ADDRESSES: Interested parties are invited to submit written comments. 
All comments should refer to ``Deposit Broker Processing, 3064-0143.'' 
Comments may be submitted by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal/propose.html.
     E-mail: comments @FDIC.gov. Include ``Deposit Broker 
Processing, 3064-0143'' in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room MB-
3082,

[[Page 29511]]

Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery: 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.
    A copy of the comments should 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, Room 3208, Washington, DC 20503, or by electronic mail 
to mmenchik@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT: Leneta G. Gregorie at the address 
identified above.

SUPPLEMENTARY INFORMATION: Proposal to revise the following currently 
approved collection of information:
    Title: Deposit Broker Processing.
    OMB Number: 3064-0143.
    Frequency of Response: On occasion.
    Affected Public: Deposit brokers and depositors of failed insured 
institutions.
    Estimated Number of Responses: See chart below.
    Estimated Time per Response: See chart below.
    Estimated Total Annual Burden: 2875 hours.
    General Description of Collection: When an insured institution is 
closed by its primary regulatory authority, the FDIC has the 
responsibility to pay the insured claims of the failed bank depositors 
pursuant to the Federal Deposit Insurance Act and the FDIC's Deposit 
Insurance Coverage regulation, 12 CFR part 330. Generally, deposits are 
insured to a maximum of $100,000. This maximum coverage is based on 
``ownership rights and capacities.'' All deposits that are maintained 
in the same right and capacity are added together and insured up to 
$100,000 in accordance with the regulations relating to deposit 
insurance of that particular deposit insurance ownership category. 
Deposits held in different ownership categories are eligible for 
$100,000 coverage per category. For example, as a general rule, single-
ownership accounts are separately insured from trust accounts held for 
the benefit of others.
    In order to assist the FDIC in paying deposit insurance to persons 
who had deposited funds in a failed depository institution through a 
deposit broker, the FDIC requests deposit brokers who opened a deposit 
account in a failed institution to provide the FDIC with information 
about the parties for whom the broker acted as agent and the amounts of 
their deposits. An essential element of this collection is an 
electronic file from every broker that provides information about its 
customers and their accounts, including: Each customer's name, address, 
tax identification number, and ownership interest in the account; 
principal balance of the account; and interest earned on the account. 
The FDIC also has developed forms to assist in determining account 
ownership and the availability of ``pass-through'' deposit insurance 
coverage where the account balance exceeds $100,000. The FDIC form 
numbers are 7200/03, /04, /05, /06, /07, /08, /09, /10, /11, /12, /13, 
/14, and /15.
    The FDIC uses these same forms to determine whether individual 
account holders at failed institutions may receive pass-through deposit 
insurance coverage. The FDIC's use of these forms for individuals has 
been approved by OMB under PRA control number 3064-0150 (expires 
September 30, 2007).
    In order to facilitate public access to the common forms and to 
improve administrative efficiency, the FDIC proposes to consolidate the 
two OMB approved collections into a single collection titled, ``Forms 
Relating to Processing Deposit Insurance Claims,'' under the 3064-0143 
control number.

                                      Burden Estimate, Deposit Brokers Only
                                       [Frequency of response: occasional]
----------------------------------------------------------------------------------------------------------------
                                             Burden per  response        Number of  responses      Burden  hours
----------------------------------------------------------------------------------------------------------------
Deposit Broker Submission Checklist.....  5 minutes.................  70........................               6
Diskette, following ``Broker Input File   The burden will vary
 Requirements.''.                          depending on the broker's
                                           number of brokered
                                           accounts.
                                          45 minutes................  53 responses (75% of 70                 40
                                                                       annual responses).
                                          5 hours...................  18 responses (25% of 70                 90
                                                                       annual responses).
Exhibit B, the standard agency            1 minute..................  70........................               1
 agreement, or the non-standard agency
 agreement.
                                         -----------------------------
    Subtotal............................  ..........................  ..........................             137
----------------------------------------------------------------------------------------------------------------


                            Burden Estimate, Combined Deposit Brokers and Individuals
                                       [Frequency of response: occasional]
----------------------------------------------------------------------------------------------------------------
            Form No.                       Form title                 Hours        Respondents     Burden hours
----------------------------------------------------------------------------------------------------------------
7200/03........................  Declaration for Testamentary               .50            1000            500
                                  Deposit (Single Grantor).
7200/04........................  Declaration for Public Unit                .50             500            250
                                  Deposit.
7200/05........................  Declaration for Trust.........             .50            1100            550
7200/06........................  Declaration of Independent                 .50              25             12.5
                                  Activity.
7200/07........................  Declaration of Independent                 .50              25             12.5
                                  Activity for Unincorporated
                                  Association.
7200/08........................  Declaration for Joint                      .50              25             12.5
                                  Ownership Deposit.
7200/09........................  Declaration for Testamentary               .50             500            250
                                  Deposit (Multiple Grantors).
7200/10........................  Declaration for Defined                   1.0               50             50
                                  Contribution Plan.
7200/11........................  Declaration for IRA/KEOGH                  .50              50             25
                                  Deposit.
7200/12........................  Declaration for Defined                   1.0              200            200
                                  Benefit Plan.
7200/13........................  Declaration of Custodian                   .50              50             25
                                  Deposit.
7200/14........................  Declaration for Health and                1.0              200            200
                                  Welfare Plan.

[[Page 29512]]

 
7200/15........................  Declaration for Plan and Trust             .50            1300            650
                                ---------------------------------
    Subtotal...................  ..............................  ..............            5025           2738
----------------------------------------------------------------------------------------------------------------

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. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 18th day of May, 2005.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 05-10220 Filed 5-20-05; 8:45 am]
BILLING CODE 6714-01-P
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