Proposed Collection; Comment Request, 65032-65033 [E6-18649]

Download as PDF rwilkins on PROD1PC63 with NOTICES 65032 Federal Register / Vol. 71, No. 214 / Monday, November 6, 2006 / Notices combination of suction piles and gravity anchors. The buoys would be designed to moor and unload two (2) types of LNG vessels: a transport and regasification vessel (TRV) of approximately 140,000 cubic meter capacity and a storage and regasification ship (SRS) of approximately 250,000 cubic meter capacity. Both vessels would be equipped to vaporize LNG cargo to natural gas through an onboard closed loop vaporization system, and to odorize and meter gas for send-out by means of the unloading buoy to conventional subsea pipelines. The TRVs would moor to the westernmost buoy, and the SRS to the easternmost buoy. The mooring buoys would be connected through the vessels’ hulls to specially designed turrets that would enable the vessel to weathervane or rotate in response to prevailing wind, wave, and current directions. When the vessels are not present, the buoys would be submerged approximately 100 feet below the sea surface. The unloading buoys would connect through flexible risers and two (2) approximately 2.5 mile long 30-inch flowlines located on the seabed that would connect directly to the Calypso pipeline, a Federal Energy Regulatory Commission (FERC) permitted pipeline. Three types of vessels would be associated with the port: the TRV drawn from the existing and future global fleet of specialized LNG carriers compatible with Calypso’s unloading buoy system; the SRS, a specialized, purpose-built modified LNG carrier, designed to accept, regasify, odorize and meter LNG from conventional LNG carriers and deliver it to the pipeline through Calypso’s unloading buoy system; and conventional LNG carriers. When empty the TRV would disconnect from the buoy and leave the port, followed by another full TRV that would arrive and connect to the buoy. The SRS would normally remain attached to its mooring buoy. To sustain continuous vaporization, the SRS’ cargo tanks would be refilled approximately every two (2) to four (4) days by standard LNG carriers drawn from the global fleet. The SRS would be capable of detaching from the buoy if threatened by a severe storm, such as a hurricane, and move under its own power to safety; then return and reconnect to the buoy and continue operations once the storm danger passed. Calypso would be capable of delivering natural gas in a continuous flow by having at least one TRV or SRS regasifying at all times. The system would be designed so that a TRV and SRS can be moored simultaneously for VerDate Aug<31>2005 17:31 Nov 03, 2006 Jkt 211001 concurrent unloading of natural gas. Calypso would have an average throughput capacity of approximately 1.1 billion standard cubic feet per day and a peak delivery capacity of 1.9 Bcsfd. No onshore pipelines or LNG storage facilities are associated with the proposed deepwater port application. A shore based facility would be used to facilitate movement of personnel, equipment, supplies, and disposable materials between the port and shore. Construction of the deepwater port would be expected to take three (3) years; with startup of commercial operations following construction, should a license be issued. The deepwater port would be designed, constructed and operated in accordance with applicable codes and standards and would have an expected operating life of approximately 25 years. Privacy Act Anyone is able to search the electronic form of all comments received into any of our dockets by the name of the individual submitting the comment (or signing the comment, if submitted on behalf of an association, business, labor union, etc.). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (Volume 65, Number 70; Pages 19477–78) or you may visit http://dms.dot.gov. (Authority 49 CFR 1.66) Dated: October 31, 2006. By order of the Maritime Administrator. Joel C. Richard, Secretary, Maritime Administration. [FR Doc. E6–18598 Filed 11–3–06; 8:45 am] BILLING CODE 4910–81–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Proposed Collection; Comment Request Notice and request for comments. ACTION: SUMMARY: The Department of Treasury, 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, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 Community Development Financial Institutions Fund (the Fund) of the Department of the Treasury is soliciting comments concerning an information collection required by the allocation agreement that will be entered into by the Fund and allocatees of the New Markets Tax Credit (NMTC) Program. The specific information collection relates to the section of the allocation agreement that requires an allocatee to provide notice to the Fund of the receipt of a Qualified Equity Investment. The Fund will publish a separate notice seeking public comments regarding other information collections contained in the allocation agreement (e.g., use of QEI proceeds). DATES: Written comments should be received on or before January 5, 2007 to be assured of consideration. ADDRESSES: Direct all comments to Yoo Jin Na, Program Manager, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, Facsimile Number (202) 622–7754. FOR FURTHER INFORMATION CONTACT: A draft of the information collection may be obtained from the Fund’s Web site at http://www.cdfifund.gov. Requests for additional information should be directed to Yoo Jin Na, Program Manager, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, or by phone to (202) 622–8226. SUPPLEMENTARY INFORMATION: Title: New Markets Tax Credit (NMTC) Program Allocation Tracking System. OMB Number: 1559–0024. Abstract: Title I, subtitle C, section 121 of the Community Renewal Tax Relief Act of 2000 (the Act), as enacted by section 1(a)(7) of the Consolidated Appropriations Act, 2001 (Pub. L. 106– 554, December 21, 2000), amended the Internal Revenue Code (IRC) by adding IRC section 45D, New Markets Tax Credit. Pursuant to IRC section 45D, the Department of the Treasury, through the Fund, administers the NMTC Program, which will provide an incentive to investors in the form of tax credits over seven years, which is expected to stimulate the provision of private investment capital that, in turn, will facilitate economic and community development in low-income communities. In order to qualify for an allocation of tax credits under the NMTC Program, an entity must be certified as a qualified community development entity and submit an E:\FR\FM\06NON1.SGM 06NON1 rwilkins on PROD1PC63 with NOTICES Federal Register / Vol. 71, No. 214 / Monday, November 6, 2006 / Notices allocation application to the Fund. Upon receipt of such applications, the Fund will conduct a competitive review process to evaluate applications for the receipt of NMTC allocations. Entities receiving an NMTC allocation must enter into an allocation agreement with the Fund. The allocation agreement contains the terms and conditions, including all reporting requirements, associated with the receipt of a NMTC allocation. The Fund will require each allocatee to use an electronic data collection and submission system, known as the allocation tracking system, to report on the information related to its receipt of a Qualified Equity Investment. The Fund has developed the allocation tracking system to, among other things: (1) Enhance the allocatee’s ability to report to the Fund timely information regarding the issuance of its Qualified Equity Investments; (2) enhance the Treasury Department’s ability to monitor the issuance of Qualified Equity Investments to ensure that no allocatee exceeds its allocation authority, and to ensure that Qualified Equity Investments are issued within the timeframes required by the allocation agreement and the NMTC Program regulations; and (3) provide the Treasury Department with basic investor data which may be aggregated and analyzed in connection with NMTC Program evaluation efforts. Current Actions: Selected allocatees for the NMTC Program. Type of Review: Renewal. Affected Public: Business or other forprofit institutions, not-for-profit institutions and State, local and Tribal entities. Estimated Number of Respondents: 170. Estimated Annual Time per Respondent: 12 hour. Estimated Total Annual Burden Hours: 2040 hours. Requests for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. The specific section of the allocation agreement for which comments are sought is the reporting requirement that allocatees provide notice to the Fund, through the Fund’s allocation tracking system, of the receipt of a Qualified Equity Investment. 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 shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the VerDate Aug<31>2005 17:31 Nov 03, 2006 Jkt 211001 collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services required to provide information. Authority: Consolidated Appropriations Act of 2001, Public Law 106–554; 31 U.S.C. 321. Dated: October 31, 2006. Arthur A. Garcia, Director, Community Development Financial Institutions Fund. [FR Doc. E6–18649 Filed 11–3–06; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Proposed Collection; Comment Request Notice and request for comments. ACTION: SUMMARY: The Community Development Financial Institutions Fund (the Fund), a government corporation within the Department of the Treasury, 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, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Fund is soliciting comments concerning the Fund’s conflict of interest reporting requirements for contract readers of applications submitted for funding under the Fund’s various programs. DATES: Written comments must be received on or before January 5, 2007 to be assured of consideration. ADDRESSES: All comments must be submitted in writing and sent to Jeffrey C. Berg, Legal Counsel, as follows: (i) by mail to: Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005; (ii) by e-mail to: conflictofinterestcomments @cdfi.treas.gov; or (iii) by fax to: 202/ 622–8244. FOR FURTHER INFORMATION CONTACT: A copy of the conflict of interest PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 65033 information collection or requests for additional information may be obtained by contacting Ashanti McCallum, Paralegal Specialist, as follows: (i) By mail to: Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005; (ii) by e-mail to: mccallluma@cdfi.treas.gov; or (iii) by fax to: 202/622–8244. SUPPLEMENTARY INFORMATION: Title: The Community Development Financial Institutions Fund—Conflict of Interest Package for Non-Federal Readers. OMB Number: 1559–0011. Abstract: Through its programs the Fund supports financial institutions around the country that are specifically dedicated to financing and supporting community and economic development activities. This strategy builds strong institutions that make loans and investments and provide financial services in markets (including economically distressed investments areas and targeted populations) whose needs for loans, investments, and financial services have not been fully met by traditional financial institutions, particularly in the areas of promoting homeownership, developing of affordable housing, and stimulating small business development, as well as providing financial services to those that have not previously accessed financial institutions. Consistent with the Federal Acquisition Regulations provisions on conflicts of interest, the Fund has applied, and will continue to apply, a conflict of interest policy with respect to its contract (non-Federal employee) readers that avoids a reader’s participation in the evaluation or process of selection of applications where such participation creates a conflict of interest or an appearance of a conflict of interest. The conflict of interest review materials are used by the Fund to determine whether or not a contractor’s financial interest, or that of the contractor’s spouse, parent, dependent child, or member of household, may result in a conflict, or apparent conflict of interest with the individual’s duties and responsibilities as a contractor evaluating applications. The completion of the package is mandatory for all contractors prior to their selection as readers. Current Action: Extension. Type of Review: Renewal. Affected Public: Individuals. Estimated Number of Respondents: 150. Estimated Annual Time per Respondent: 45 minutes (0.75 hours). E:\FR\FM\06NON1.SGM 06NON1

Agencies

[Federal Register Volume 71, Number 214 (Monday, November 6, 2006)]
[Notices]
[Pages 65032-65033]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-18649]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Proposed Collection; Comment Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of Treasury, 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, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the Community Development Financial 
Institutions Fund (the Fund) of the Department of the Treasury is 
soliciting comments concerning an information collection required by 
the allocation agreement that will be entered into by the Fund and 
allocatees of the New Markets Tax Credit (NMTC) Program. The specific 
information collection relates to the section of the allocation 
agreement that requires an allocatee to provide notice to the Fund of 
the receipt of a Qualified Equity Investment. The Fund will publish a 
separate notice seeking public comments regarding other information 
collections contained in the allocation agreement (e.g., use of QEI 
proceeds).

DATES: Written comments should be received on or before January 5, 2007 
to be assured of consideration.

ADDRESSES: Direct all comments to Yoo Jin Na, Program Manager, 
Community Development Financial Institutions Fund, U.S. Department of 
the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 
20005, Facsimile Number (202) 622-7754.

FOR FURTHER INFORMATION CONTACT: A draft of the information collection 
may be obtained from the Fund's Web site at http://www.cdfifund.gov. 
Requests for additional information should be directed to Yoo Jin Na, 
Program Manager, Community Development Financial Institutions Fund, 
U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, 
Washington, DC 20005, or by phone to (202) 622-8226.

SUPPLEMENTARY INFORMATION:
    Title: New Markets Tax Credit (NMTC) Program Allocation Tracking 
System.
    OMB Number: 1559-0024.
    Abstract: Title I, subtitle C, section 121 of the Community Renewal 
Tax Relief Act of 2000 (the Act), as enacted by section 1(a)(7) of the 
Consolidated Appropriations Act, 2001 (Pub. L. 106-554, December 21, 
2000), amended the Internal Revenue Code (IRC) by adding IRC section 
45D, New Markets Tax Credit. Pursuant to IRC section 45D, the 
Department of the Treasury, through the Fund, administers the NMTC 
Program, which will provide an incentive to investors in the form of 
tax credits over seven years, which is expected to stimulate the 
provision of private investment capital that, in turn, will facilitate 
economic and community development in low-income communities. In order 
to qualify for an allocation of tax credits under the NMTC Program, an 
entity must be certified as a qualified community development entity 
and submit an

[[Page 65033]]

allocation application to the Fund. Upon receipt of such applications, 
the Fund will conduct a competitive review process to evaluate 
applications for the receipt of NMTC allocations. Entities receiving an 
NMTC allocation must enter into an allocation agreement with the Fund. 
The allocation agreement contains the terms and conditions, including 
all reporting requirements, associated with the receipt of a NMTC 
allocation. The Fund will require each allocatee to use an electronic 
data collection and submission system, known as the allocation tracking 
system, to report on the information related to its receipt of a 
Qualified Equity Investment.
    The Fund has developed the allocation tracking system to, among 
other things: (1) Enhance the allocatee's ability to report to the Fund 
timely information regarding the issuance of its Qualified Equity 
Investments; (2) enhance the Treasury Department's ability to monitor 
the issuance of Qualified Equity Investments to ensure that no 
allocatee exceeds its allocation authority, and to ensure that 
Qualified Equity Investments are issued within the timeframes required 
by the allocation agreement and the NMTC Program regulations; and (3) 
provide the Treasury Department with basic investor data which may be 
aggregated and analyzed in connection with NMTC Program evaluation 
efforts.
    Current Actions: Selected allocatees for the NMTC Program.
    Type of Review: Renewal.
    Affected Public: Business or other for-profit institutions, not-
for-profit institutions and State, local and Tribal entities.
    Estimated Number of Respondents: 170.
    Estimated Annual Time per Respondent: 12 hour.
    Estimated Total Annual Burden Hours: 2040 hours.
    Requests for Comments: Comments submitted in response to this 
notice will be summarized and/or included in the request for OMB 
approval. All comments will become a matter of public record. The 
specific section of the allocation agreement for which comments are 
sought is the reporting requirement that allocatees provide notice to 
the Fund, through the Fund's allocation tracking system, of the receipt 
of a Qualified Equity Investment. 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 shall 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information to be collected; (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of technology; and (e) estimates 
of capital or start-up costs and costs of operation, maintenance, and 
purchase of services required to provide information.

    Authority: Consolidated Appropriations Act of 2001, Public Law 
106-554; 31 U.S.C. 321.

    Dated: October 31, 2006.
Arthur A. Garcia,
Director, Community Development Financial Institutions Fund.
[FR Doc. E6-18649 Filed 11-3-06; 8:45 am]
BILLING CODE 4810-70-P