Proposed Agency Information Collection Activities; Comment Request, 26763-26765 [E6-6895]
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Federal Register / Vol. 71, No. 88 / Monday, May 8, 2006 / Notices
26763
Item No.
Bureau
Subject
4 .............
Wireline Competition ...................................
5 .............
Wireline Competition ...................................
Title: Request for Review of the Decision of the Universal Service Administrator by
Bishop Perry Middle School, New Orleans, LA et al., Schools and Libraries Universal Service Support Mechanism (WC Docket No. 02–6).
Summary: The Commission will consider an Order addressing requests for review of
decisions of the Universal Service Administrator with respect to the Schools and Libraries Universal Service support mechanism.
Title: Request for Review of the Decision of the Universal Service Administrator by
Lake Grove at Maple Valley, Inc., Lake Grove Schools, Wendall, MA, et al., Schools
and Libraries Universal Service Support Mechanism (WC Docket No. 02–6).
Summary: The Commission will consider an Order addressing requests for review of
decisions of the Universal Service Administrator with respect to the Schools and Libraries Universal Service support mechanism.
Federal Communications Commission
Marlene H. Dortch,
Secretary.
[FR Doc. 06–4331 Filed 5–4–06; 2:41 pm]
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
BILLING CODE 6712–01–P
Board of Governors of the
Federal Reserve
SUMMARY: Background.
On June 15, 1984, the Office of
Management and Budget (OMB)
delegated to the Board of Governors of
the Federal Reserve System (Board) its
approval authority under the Paperwork
Reduction Act, as per 5 CFR 1320.16, to
approve of and assign OMB control
numbers to collection of information
requests and requirements conducted or
sponsored by the Board under
conditions set forth in 5 CFR part 1320
Appendix A.1. Board–approved
collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
OMB 83–Is and supporting statements
and approved collection of information
instruments 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.
AGENCY:
FEDERAL HOUSING FINANCE BOARD
Sunshine Act Meeting Notice;
Announcing a Partially Open Meeting
of the Board of Directors
The open meeting of the
Board of Directors is scheduled to begin
at 10 a.m. on Wednesday, May 10, 2006.
The closed portion of the meeting will
follow immediately the open portion of
the meeting.
TIME AND DATE:
Board Room, First Floor, Federal
Housing Finance Board, 1625 Eye Street
NW., Washington DC 20006.
PLACE:
The first portion of the meeting
will be open to the public. The final
portion of the meeting will be closed to
the public.
STATUS:
MATTER TO BE CONSIDERED AT THE OPEN
PORTION: 2006 Designation of Federal
Home Loan Bank Directorships.
MATTER TO BE CONSIDERED AT THE CLOSED
PORTION: Periodic Update of
Examination Program Development and
Supervisory Findings.
FOR FURTHER INFORMATION CONTACT:
wwhite on PROD1PC61 with NOTICES
Shelia Willis, Paralegal Specialist,
Office of General Counsel, at 202–408–
2876 or williss@fhfb.gov.
Dated: May 3, 2006.
By the Federal Housing Finance Board.
John P. Kennedy,
General Counsel.
[FR Doc. 06–4301 Filed 5–4–06; 9:52 am]
BILLING CODE 6725–01–P
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Request for comment on information
collection proposal
The following information collection,
which is being handled under this
delegated authority, has received initial
Board approval and is hereby published
for comment. At the end of the comment
period, the proposed information
collection, along with an analysis of
comments and recommendations
received, will be submitted to the Board
for final approval under OMB delegated
authority. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Federal Reserve’s
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Sfmt 4703
functions; including whether the
information has practical utility;
b. The accuracy of the Federal
Reserve’s estimate of the burden of the
proposed 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
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology.
DATES: Comments must be submitted on
or before July 7, 2006.
ADDRESSES: You may submit comments,
identified by FR 2900, FR 2910a, FR
2915, FR 2930, FR 2930a, 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.
Include docket number in the subject
line of the message.
• 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,
unless modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper in Room MP–500 of the Board’s
Martin Building (20th and C Streets,
NW.) between 9 a.m. and 5 p.m. on
weekdays.
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26764
Federal Register / Vol. 71, No. 88 / Monday, May 8, 2006 / Notices
A
copy of the proposed form and
instructions, the Paperwork Reduction
Act Submission (OMB 83–I), supporting
statement, and other documents that
will be placed into OMB’s public docket
files once approved may be requested
from the agency clearance officer, whose
name appears below.
Michelle Long, Federal Reserve Board
Clearance Officer (202–452–3829),
Division of Research and Statistics,
Board of Governors of the Federal
Reserve System, Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may contact (202–263–
4869), Board of Governors of the Federal
Reserve System, Washington, DC 20551.
wwhite on PROD1PC61 with NOTICES
FOR FURTHER INFORMATION CONTACT:
Proposals to approve under OMB
delegated authority the extension for
three years, with revision, of the
following reports:
1. Report title: Report of Transaction
Accounts, Other Deposits and Vault
Cash
Agency form number: FR 2900
OMB control number: 7100–0087
Frequency: Weekly, quarterly
Reporters: Depository institutions
Annual reporting hours: 586,166
hours
Estimated average hours per response:
3.50 hours
Number of respondents: 2,752 weekly
and 6,093 quarterly
General description of report: This
information collection is mandatory (12
U.S.C. 248(a), 461, 603, and 615) and is
given confidential treatment (5 U.S.C.
552(b)(4)).
Abstract: Nonexempt institutions––
defined as those with net transaction
accounts greater than the exemption
amount or with total deposits equal to
or greater than the reduced reporting
limit––file the fifteen–item FR 2900
weekly if their total deposits are equal
to or greater than the nonexempt deposit
cutoff and quarterly if their total
deposits are less than the nonexempt
deposit cutoff. U.S. branches and
agencies of foreign banks and banking
Edge and agreement corporations are
required to submit FR 2900 data weekly
regardless of their deposit size. These
mandatory data are used by the Federal
Reserve for administering Regulation D
(Reserve Requirements of Depository
Institutions) and for constructing,
analyzing, and monitoring the monetary
and reserve aggregates.
Current Actions: The Federal Reserve
proposes to (1) raise the nonexempt
deposit cutoff to $229.1 million
(compared with an indexed level of
$181.1 million) and set the reduced
reporting limit at its indexed value of
$1.206 billion beginning in September
VerDate Aug<31>2005
16:05 May 05, 2006
Jkt 208001
2006; (2) calculate the nonexempt
deposit cutoff and the reduced reporting
limit using the sum of total transaction
accounts, savings deposits, and small
time deposits, rather than total deposits,
beginning with the September 2007
panel shift; and (3) index the
nonexempt deposit cutoff and the
reduced reporting limit annually to 80
percent of the June–to–June growth in
total transaction accounts, savings
deposits, and small time deposits at all
depository institutions. The actual
values of the nonexempt deposit cutoff
and the reduced reporting limit to be
used in September 2007 will be
announced under the usual schedule, in
October 2006.
2. Report title: Annual Report of Total
Deposits and Reservable Liabilities
Agency form number: FR 2910a
OMB control number: 7100–0175
Frequency: Annually
Reporters: Depository institutions
Annual reporting hours: 5,317 hours
Estimated average hours per response:
45 to 60 minutes, depending on entity
type
Number of respondents: 5,605
General description of report: This
information collection is mandatory (12
U.S.C. 248(a) and 461) and is given
confidential treatment (5 U.S.C.
552(b)(4)).
Abstract: Currently, the three–item FR
2910a is generally filed by exempt
institutions whose net transaction
accounts are greater than the exemption
amount and whose total deposits (as
shown on their December Call Report)
are greater than the exemption amount
but less than the reduced reporting
limit. Respondents submit single–day
data as of June 30. These mandatory
data are used by the Federal Reserve for
administering Regulation D (Reserve
Requirements of Depository Institutions)
and for constructing, analyzing, and
monitoring the monetary and reserve
aggregates.
Current Actions: The Federal Reserve
proposes to make the following
revisions to the FR 2910a reporting
form, effective for the June 30, 2007,
report date (1) replace data item 1,
‘‘Total Deposits,’’ with ‘‘Total
Transaction Accounts, Savings Deposits,
and Small Time Deposits;’’ (2) delete the
parenthetical text from data item 1, ‘‘(If
the amount reported for this item is less
than or equal to $7.0 million, Items 2
and 2.a need not be completed);’’ (3)
change the reporting form title from,
‘‘Annual Report of Total Deposits and
Reservable Liabilities,’’ to ‘‘Annual
Report of Deposits and Reservable
Liabilities;’’ and (4) require depository
institutions to submit either a positive
or negative value in data item 2.a, ‘‘Net
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Frm 00032
Fmt 4703
Sfmt 4703
Transaction Accounts,’’ rather than
reporting negative values as zero, as is
currently required.
3. Report title: Allocation of Low
Reserve Tranche and Reservable
Liabilities Exemption
Agency form number: FR 2930/2930a
OMB control number: 7100–0088
Frequency: Annually and on occasion
Reporters: Depository institutions
Annual reporting hours: 40 hours
Estimated average hours per response:
15 minutes
Number of respondents: 160
General description of report: This
information collection is mandatory (12
U.S.C. 248(a), 461, 603, and 615) and is
given confidential treatment (5 U.S.C.
552(b)(4)).
Abstract: The FR 2930 and FR 2930a
collect data on the allocation of the low
reserve tranche and reservable liabilities
exemption amount for depository
institutions having offices (or groups of
offices) that file separate FR 2900
deposit reports. The FR 2930 is filed by
U.S. branches and agencies of foreign
banks and banking Edge and agreement
corporations; the FR 2930a is filed by
other types of depository institutions.
Both reporting forms collect the same
data. However, the instructions and
explanatory information differ. These
mandatory data are used to calculate the
reserve requirement of an institution
that submits separate FR 2900 data for
two or more offices, that institution is
required to allocate, using the FR 2930,
the low reserve tranche and the
exemption among those offices.
Current Actions: The Federal Reserve
proposes to combine the FR 2930 and
FR 2930a into one reporting form (FR
2930) that would be used by any entity
type (both foreign–related and domestic
institutions). The instructions for the FR
2930 reporting form would be modified
to reflect this change. The effective date
of this revision would be September 30,
2006.
Proposal to approve under OMB
delegated authority the extension for
three years, without revision of the
following report:
1. Report title: Report of Foreign
(Non–U.S.) Currency Deposits
Agency form number: FR 2915
OMB control number: 7100–0237
Frequency: Quarterly
Reporters: Depository institutions
Annual reporting hours: 214 hours
Estimated average hours per response:
30 minutes
Number of respondents: 107
General description of report: This
information collection is mandatory (12
U.S.C. 248(a)(2), and 347(d)) and is
given confidential treatment (5 U.S.C.
552(b)(4)).
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08MYN1
Federal Register / Vol. 71, No. 88 / Monday, May 8, 2006 / Notices
Abstract: The FR 2915 collects seven–
day averages of the amounts outstanding
for foreign (non–U.S.) currency–
denominated deposits held at U.S.
offices of depository institutions,
converted to U.S. dollars and included
in the institution’s FR 2900 data.
Foreign currency deposits are subject to
reserve requirements and, therefore, are
included in the FR 2900 data
submission. All weekly and quarterly
FR 2900 respondents offering foreign
currency deposits file the six–item FR
2915 quarterly, on the same reporting
schedule as quarterly FR 2900
respondents. Data collected on the FR
2915 are mainly used in the
construction of the monetary aggregates.
These data are included in deposit data
submitted on the FR 2900 for reserve
requirement purposes, but they are not
included in the monetary aggregates.
The FR 2915 is the only source of data
on such deposits.
column 1, last paragraph, correct the
first sentence to read as follows:
Board of Governors of the Federal Reserve
System, May 2, 2006.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E6–6895 Filed 5–5–06; 8:45 am]
In compliance with section
3506(c)(2)(A) of the Paperwork
Reduction Act of 1995 concerning
opportunity for public comment on
proposed collections of information, the
Substance Abuse and Mental Health
Services Administration (SAMHSA)
will publish periodic summaries of
proposed projects. To request more
information on the proposed projects or
to obtain a copy of the information
collection plans, call the SAMHSA
Reports Clearance Officer on (240) 276–
1243.
Comments are invited on: (a) Whether
the proposed collections of information
are necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
BILLING CODE 6210–01–S
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Announcement of Availability of Funds
for One Family Planning General
Training and Technical Assistance
Grant in Public Health Service Region
VI
Office of Population Affairs,
Office of Public Health and Science,
Office of the Secretary, DHHS.
ACTION: Notice; correction.
wwhite on PROD1PC61 with NOTICES
AGENCY:
SUMMARY: The Office of Population
Affairs, OPHS, HHS published a notice
in the Federal Register of Tuesday,
April 11, 2006, announcing the
availability of funds for one family
planning general training and technical
assistance grant. This notice contained
an error. Language related to the review
and selection process was not included.
This Notice corrects the omission of the
language related to collaborative
selection of a grantee by the Regional
Health Administrator, the Director,
Office of Family Planning, and the
Deputy Assistant Secretary for
Population Affairs.
FOR FURTHER INFORMATION CONTACT:
Susan B. Moskosky, 240–453–2888.
Correction
In the Federal Register of April 11,
2006, FR Doc. E6–5262, on page 18337,
VerDate Aug<31>2005
16:05 May 05, 2006
Jkt 208001
Final award decisions will be made
collaboratively by the Regional Health
Administrator (RHA) for PHS Region VI, in
consultation with the Director, OFP and the
Deputy Assistant Secretary for Population
Affairs (DASPA).
Dated: May 1, 2006.
Susan B. Moskosky,
Director, Office of Family Planning, Office
of Population Affairs.
[FR Doc. E6–6919 Filed 5–5–06; 8:45 am]
BILLING CODE 4150–34–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Substance Abuse and Mental Health
Services Administration
Agency Information Collection
Activities: Proposed Collection;
Comment Request
Proposed Project: Evaluation of the
Project Rehabilitation and Restitution
Program (OMB No. 0930–0248)—
Revision
The Rehabilitation and Restitution
initiative of the Substance Abuse and
Mental Health Services
Administration’s (SAMHSA) Center for
Substance Abuse Treatment seeks to
reduce recidivism and increase
psychosocial functioning and pro-social
lifestyle among substance abusing
offenders that have pled to or been
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Fmt 4703
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26765
convicted of a single felony. Hypotheses
of the study are that providing
intensive, long-term case management
services will facilitate a pro-social
lifestyle leading to higher rates of
sealing or expunging of criminal records
and that the prospect of stigma
reduction provided by a sealed criminal
record will motivate offenders to remain
crime and drug free in order to achieve
a felony-free criminal record.
The project consists of (1) providing
technical assistance to develop and
implement an enhanced model for case
management services, and (2) evaluating
of the effectiveness of the case
management model in increasing the
number of people that have their
records sealed or maintain eligibility to
have their records sealed. The study is
confined to jurisdictions with statutes
permitting records to be sealed within
the remaining three-year parameters of
the study. Two counties in Ohio, one
involving an urban setting (Cuyahoga
county which includes the city of
Cleveland) and the other a rural setting
(Clermont county adjacent to Northern
Kentucky) were awarded by SAMHSA
in 2002 in response to the original
SAMHSA Request for Applications
(RFA).
Target populations, drawn from
Cuyahoga and Clermont County Court of
Common Pleas Probation Departments,
are first-time felons that are eligible to
have their felony records sealed, have a
diagnosis of substance dependence or
abuse, and will receive case
management services, including
treatment referral, through each
County’s Treatment Accountability for
Safer Communities (TASC) agency.
Technical assistance to participating
counties is provided to (1) develop a
strengths-based case management model
designed to increase the proportion of
offenders that achieve record
expungement or maintain eligibility to
have their felony records sealed, and (2)
involve the various stake holders, such
as case managers, probation officers and
administrators, prosecutors, public
defenders, judges, and treatment
providers in the implementation of the
case management model. A formative
evaluation provides feedback on the
implementation of the program. A
systems evaluation examines the
services offered to the felons, and
changes in attitudes towards sealing
records on the part of critical
stakeholders, such as prosecutors,
judges and service providers, and
criminal justice systemic evolution. An
outcomes evaluation examines the effect
of the case management model on
maintaining eligibility to have records
sealed, and social, psychological and
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Agencies
[Federal Register Volume 71, Number 88 (Monday, May 8, 2006)]
[Notices]
[Pages 26763-26765]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-6895]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve
SUMMARY: Background.
On June 15, 1984, the Office of Management and Budget (OMB)
delegated to the Board of Governors of the Federal Reserve System
(Board) its approval authority under the Paperwork Reduction Act, as
per 5 CFR 1320.16, to approve of and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board under conditions set forth in 5 CFR part 1320
Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the OMB 83-Is and supporting
statements and approved collection of information instruments 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.
Request for comment on information collection proposal
The following information collection, which is being handled under
this delegated authority, has received initial Board approval and is
hereby published for comment. At the end of the comment period, the
proposed information collection, along with an analysis of comments and
recommendations received, will be submitted to the Board for final
approval under OMB delegated authority. Comments are invited on the
following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. The accuracy of the Federal Reserve's estimate of the burden of
the proposed 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before July 7, 2006.
ADDRESSES: You may submit comments, identified by FR 2900, FR 2910a, FR
2915, FR 2930, FR 2930a, 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. Include docket
number in the subject line of the message.
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, unless modified for technical reasons. Accordingly, your
comments will not be edited to remove any identifying or contact
information. Public comments may also be viewed electronically or in
paper in Room MP-500 of the Board's Martin Building (20th and C
Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.
[[Page 26764]]
FOR FURTHER INFORMATION CONTACT: A copy of the proposed form and
instructions, the Paperwork Reduction Act Submission (OMB 83-I),
supporting statement, and other documents that will be placed into
OMB's public docket files once approved may be requested from the
agency clearance officer, whose name appears below.
Michelle Long, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact (202-263-4869), Board of Governors
of the Federal Reserve System, Washington, DC 20551.
Proposals to approve under OMB delegated authority the extension for
three years, with revision, of the following reports:
1. Report title: Report of Transaction Accounts, Other Deposits and
Vault Cash
Agency form number: FR 2900
OMB control number: 7100-0087
Frequency: Weekly, quarterly
Reporters: Depository institutions
Annual reporting hours: 586,166 hours
Estimated average hours per response: 3.50 hours
Number of respondents: 2,752 weekly and 6,093 quarterly
General description of report: This information collection is
mandatory (12 U.S.C. 248(a), 461, 603, and 615) and is given
confidential treatment (5 U.S.C. 552(b)(4)).
Abstract: Nonexempt institutions--defined as those with net
transaction accounts greater than the exemption amount or with total
deposits equal to or greater than the reduced reporting limit--file the
fifteen-item FR 2900 weekly if their total deposits are equal to or
greater than the nonexempt deposit cutoff and quarterly if their total
deposits are less than the nonexempt deposit cutoff. U.S. branches and
agencies of foreign banks and banking Edge and agreement corporations
are required to submit FR 2900 data weekly regardless of their deposit
size. These mandatory data are used by the Federal Reserve for
administering Regulation D (Reserve Requirements of Depository
Institutions) and for constructing, analyzing, and monitoring the
monetary and reserve aggregates.
Current Actions: The Federal Reserve proposes to (1) raise the
nonexempt deposit cutoff to $229.1 million (compared with an indexed
level of $181.1 million) and set the reduced reporting limit at its
indexed value of $1.206 billion beginning in September 2006; (2)
calculate the nonexempt deposit cutoff and the reduced reporting limit
using the sum of total transaction accounts, savings deposits, and
small time deposits, rather than total deposits, beginning with the
September 2007 panel shift; and (3) index the nonexempt deposit cutoff
and the reduced reporting limit annually to 80 percent of the June-to-
June growth in total transaction accounts, savings deposits, and small
time deposits at all depository institutions. The actual values of the
nonexempt deposit cutoff and the reduced reporting limit to be used in
September 2007 will be announced under the usual schedule, in October
2006.
2. Report title: Annual Report of Total Deposits and Reservable
Liabilities
Agency form number: FR 2910a
OMB control number: 7100-0175
Frequency: Annually
Reporters: Depository institutions
Annual reporting hours: 5,317 hours
Estimated average hours per response: 45 to 60 minutes, depending
on entity type
Number of respondents: 5,605
General description of report: This information collection is
mandatory (12 U.S.C. 248(a) and 461) and is given confidential
treatment (5 U.S.C. 552(b)(4)).
Abstract: Currently, the three-item FR 2910a is generally filed by
exempt institutions whose net transaction accounts are greater than the
exemption amount and whose total deposits (as shown on their December
Call Report) are greater than the exemption amount but less than the
reduced reporting limit. Respondents submit single-day data as of June
30. These mandatory data are used by the Federal Reserve for
administering Regulation D (Reserve Requirements of Depository
Institutions) and for constructing, analyzing, and monitoring the
monetary and reserve aggregates.
Current Actions: The Federal Reserve proposes to make the following
revisions to the FR 2910a reporting form, effective for the June 30,
2007, report date (1) replace data item 1, ``Total Deposits,'' with
``Total Transaction Accounts, Savings Deposits, and Small Time
Deposits;'' (2) delete the parenthetical text from data item 1, ``(If
the amount reported for this item is less than or equal to $7.0
million, Items 2 and 2.a need not be completed);'' (3) change the
reporting form title from, ``Annual Report of Total Deposits and
Reservable Liabilities,'' to ``Annual Report of Deposits and Reservable
Liabilities;'' and (4) require depository institutions to submit either
a positive or negative value in data item 2.a, ``Net Transaction
Accounts,'' rather than reporting negative values as zero, as is
currently required.
3. Report title: Allocation of Low Reserve Tranche and Reservable
Liabilities Exemption
Agency form number: FR 2930/2930a
OMB control number: 7100-0088
Frequency: Annually and on occasion
Reporters: Depository institutions
Annual reporting hours: 40 hours
Estimated average hours per response: 15 minutes
Number of respondents: 160
General description of report: This information collection is
mandatory (12 U.S.C. 248(a), 461, 603, and 615) and is given
confidential treatment (5 U.S.C. 552(b)(4)).
Abstract: The FR 2930 and FR 2930a collect data on the allocation
of the low reserve tranche and reservable liabilities exemption amount
for depository institutions having offices (or groups of offices) that
file separate FR 2900 deposit reports. The FR 2930 is filed by U.S.
branches and agencies of foreign banks and banking Edge and agreement
corporations; the FR 2930a is filed by other types of depository
institutions. Both reporting forms collect the same data. However, the
instructions and explanatory information differ. These mandatory data
are used to calculate the reserve requirement of an institution that
submits separate FR 2900 data for two or more offices, that institution
is required to allocate, using the FR 2930, the low reserve tranche and
the exemption among those offices.
Current Actions: The Federal Reserve proposes to combine the FR
2930 and FR 2930a into one reporting form (FR 2930) that would be used
by any entity type (both foreign-related and domestic institutions).
The instructions for the FR 2930 reporting form would be modified to
reflect this change. The effective date of this revision would be
September 30, 2006.
Proposal to approve under OMB delegated authority the extension for
three years, without revision of the following report:
1. Report title: Report of Foreign (Non-U.S.) Currency Deposits
Agency form number: FR 2915
OMB control number: 7100-0237
Frequency: Quarterly
Reporters: Depository institutions
Annual reporting hours: 214 hours
Estimated average hours per response: 30 minutes
Number of respondents: 107
General description of report: This information collection is
mandatory (12 U.S.C. 248(a)(2), and 347(d)) and is given confidential
treatment (5 U.S.C. 552(b)(4)).
[[Page 26765]]
Abstract: The FR 2915 collects seven-day averages of the amounts
outstanding for foreign (non-U.S.) currency-denominated deposits held
at U.S. offices of depository institutions, converted to U.S. dollars
and included in the institution's FR 2900 data. Foreign currency
deposits are subject to reserve requirements and, therefore, are
included in the FR 2900 data submission. All weekly and quarterly FR
2900 respondents offering foreign currency deposits file the six-item
FR 2915 quarterly, on the same reporting schedule as quarterly FR 2900
respondents. Data collected on the FR 2915 are mainly used in the
construction of the monetary aggregates. These data are included in
deposit data submitted on the FR 2900 for reserve requirement purposes,
but they are not included in the monetary aggregates. The FR 2915 is
the only source of data on such deposits.
Board of Governors of the Federal Reserve System, May 2, 2006.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E6-6895 Filed 5-5-06; 8:45 am]
BILLING CODE 6210-01-S