Proposed Collection; Comment Request, 3848-3849 [E7-1267]

Download as PDF 3848 Federal Register / Vol. 72, No. 17 / Friday, January 26, 2007 / Notices 13. Special Presentations 14. Update List of the NANC Accomplishments 15. Summary of Action Items 16. Public Comments and Participation (five minutes per speaker) 17. Other Business Adjourn no later than 5 p.m. *The Agenda may be modified at the discretion of the NANC Chairman with the approval of the DFO. Federal Communications Commission. Marilyn Jones, Attorney, Wireline Competition Bureau. [FR Doc. E7–1277 Filed 1–25–07; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Agency Meeting; Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 2:30 p.m. on Wednesday, January 31, 2007, the Federal Deposit Insurance Corporation’s Board of Directors will meet in closed session, pursuant to section 552b(c)(2), (c)(4), (c)(6), (c)(8), (9)(A)(ii), (c)(9)(B), and (c)(10), Title 5, United States Code, to consider matters relating to the Corporation’s supervisory and corporate activities. The meeting will be held in the Board Room on the sixth floor of the FDIC Building located at 550 17th Street, NW., Washington, DC. Requests for further information concerning the meeting may be directed to Mr. Robert E. Feldman, Executive Secretary of the Corporation, at (202) 898–7122. FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Agency Meeting; Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that the Federal Deposit Insurance Corporation’s Board of Directors will meet in open session at 2 p.m. on Wednesday, January 31, 2007, to consider the following matters: Summary Agenda: No substantive discussion of the following items is Jkt 211001 [No. 2007–N–03] Proposed Collection; Comment Request Federal Housing Finance Notice. SUMMARY: In accordance with the requirements of the Paperwork Reduction Act of 1995, the Federal Housing Finance Board (Finance Board) is seeking public comments concerning the information collection known as ‘‘Capital Requirements for the Federal Home Loan Banks,’’ which has been assigned control 3069–0059 by the Office of Management and Budget (OMB). The Finance Board intends to submit the information collection to OMB for review and approval of a 3 year extension of the control number, which is due to expire on February 28, 2007. DATES: Interested persons may submit comments on or before March 27, 2007. Comments: Submit comments only once by any of the following methods: PO 00000 Frm 00070 Fmt 4703 E-mail: comments@fhfb.gov. Fax: 202–408–2580. Mail/Hand Delivery: Federal Housing Finance Board, 1625 Eye Street, NW., Washington DC 20006, ATTENTION: Public Comments. Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. If you submit your comment to the Federal eRulemaking Portal, please also send it by e-mail to the Finance Board at comments@fhfb.gov to ensure timely receipt by the agency. Include the following information in the subject line of your submission: Federal Housing Finance Board. Proposed Collection; Comment Request: Capital Requirements for the Federal Home Loan Banks. 2007–N–03. We will post all public comments we receive on this notice without change, including any personal information you provide, such as your name and address, on the Finance Board Web site at https://www.fhfb.gov/ Default.aspx?Page=93&Top=93. FOR FURTHER INFORMATION CONTACT: Jonathon F. Curtis, Senior Financial Analyst, Regulations & Research Division, Office of Supervision, by email at curtisj@fhfb.gov, by telephone at 202–408–2866, or by regular mail at the Federal Housing Finance Board, 1625 Eye Street, NW., Washington DC 20006. SUPPLEMENTARY INFORMATION: A. Need For and Use of the Information Collection FEDERAL HOUSING FINANCE BOARD ACTION: BILLING CODE 6714–01–M sroberts on PROD1PC70 with NOTICES BILLING CODE 6714–01–M Board. Robert E. Feldman, Executive Secretary. [FR Doc. 07–370 Filed 1–24–07; 3:52 pm] 17:19 Jan 25, 2007 Dated: January 24, 2007. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 07–371 Filed 1–24–07; 3:52 pm] AGENCY: Dated: January 24, 2007. VerDate Aug<31>2005 anticipated. These maters will be resolved with a single vote unless a member of the Board of Directors requests that an item be moved to the discussion agency. Summary reports, status reports, and reports of actions taken pursuant to authority delegated by the Board of Directors. Discussion Agenda: Matters relating to the Moratorium on Deposit Insurance Applications and Change in Bank Control Notices Submitted by, or with Respect to, Industrial Loan Companies. The meeting will be held in the Board Room on the sixth floor of the FDIC Building located at 550 17th Street, NW., Washington, DC. The FDIC will provide attendees with auxiliary aids (e.g., sign language interpretation) required for this meeting. Those attendees needing such assistance should call (703) 562–6067 (Voice or TTY), to make necessary arrangements. Requests for further information concerning the meeting may be directed to Mr. Robert E. Feldman, Executive Secretary of the Corporation, at (202) 898–7122. Sfmt 4703 Section 6 of the Federal Home Loan Bank Act establishes the capital structure for the Federal Home Loan Banks (Banks) and requires the Finance Board to issue regulations prescribing uniform capital standards applicable to each Bank. 12 U.S.C. 1426. To implement the statutory capital structure for the Banks, the Finance Board added parts 930, 931, 932, and 933 to its regulations. 12 CFR parts 930, 931, 932, and 933. Part 930 establishes definitions applicable to risk management and the capital regulations; part 931 concerns Bank capital stock; part 932 establishes Bank capital requirements; and part 933 sets forth the requirements for Bank capital structure plans. The implementing regulations also include conforming changes to parts 917, 925, and 956, which concern, respectively, the powers and responsibilities of Bank boards of directors and senior management, Bank members, and Bank investments. 12 CFR parts 917, 925, and 956. The Banks use the information collection contained in the rules implementing section 6 to determine the E:\FR\FM\26JAN1.SGM 26JAN1 Federal Register / Vol. 72, No. 17 / Friday, January 26, 2007 / Notices amount of capital stock a member must purchase to maintain membership in and to obtain services from a Bank. More specifically, sections 931.3 and 933.2(a) of the Finance Board rules authorize a Bank to offer its members several options to satisfy required investments in capital stock as activitybased and/or membership stock purchase requirements. 12 CFR 931.3 and 933.2(a). The information collection is necessary to provide the Banks with the flexibility to meet the statutory and regulatory capital structure requirements while allowing Bank members to choose the option best suited to their business requirements. The OMB control number for the information collection is 3069–0059, and it is due to expire on February 28, 2007. The likely respondents include Banks and Bank members. sroberts on PROD1PC70 with NOTICES B. Burden Estimate 17:19 Jan 25, 2007 Dated: January 23, 2007. By the Federal Housing Finance Board. Neil R. Crowley, Deputy General Counsel. [FR Doc. E7–1267 Filed 1–25–07; 8:45 am] BILLING CODE 6725–01–P While the number of member respondents has increased, the burden has decreased significantly because the Banks can access most of the data required by the information collection electronically from call reports the members already must file with their primary regulator. The estimate for the total annual hour burden for all member respondents is 35,100 hours. The estimate for the total annual cost burden is $1,509,300. These estimates are based on the following calculations: The Finance Board estimates the total annual average number of member respondents for activity-based stock purchase requirements at 5,500, with 4 responses per member. The estimate for the average hours per response is 0.65 hours. The estimate for member respondents’ annual hour burden related to activity-based stock purchase requirements is 14,300 hours (5,500 activity-based member respondents x 4 responses per member x 0.65 hours per response). The estimate for the annual cost burden is $614,900 (14,300 hours x $43 hourly rate). The Finance Board estimates the total annual average number of member respondents for membership stock purchase requirements at 8,000, with 4 responses per member. The estimate for the average hours per response is 0.65 hours. The estimate for member respondents’ annual hour burden related to membership stock purchase requirements is 20,800 hours (8,000 membership investment member respondents x 4 responses per member x 0.65 hours per response). The estimate for the annual cost burden is $894,400 (20,800 hours x $43 hourly rate). VerDate Aug<31>2005 C. Comment Request The Finance Board requests written comments on the following: (1) Whether the collection of information is necessary for the proper performance of Finance Board functions, including whether the information has practical utility; (2) the accuracy of the Finance Board’s estimates of the burdens of the collection of information; (3) ways to enhance the quality, utility, and clarity of the information collected; and (4) 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. Jkt 211001 3849 must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 20, 2007. A. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, Regional and Community Bank Group) 101 Market Street, San Francisco, California 94105–1579: 1. Western Alliance Bancorporation, Las Vegas, Nevada; to be merged with First Independent Capital of Nevada, Reno, Nevada, and thereby indirectly acquire First Independent Bank of Nevada, Reno, Nevada. Board of Governors of the Federal Reserve System, January 22, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–1128 Filed 1–25–07; 8:45 am] BILLING CODE 6210–01–S DEPARTMENT OF HEALTH AND HUMAN SERVICES FEDERAL RESERVE SYSTEM Office of the Secretary Formations of, Acquisitions by, and Mergers of Bank Holding Companies [Document Identifier: OS–04040–0003; 60day notice] 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 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 https://www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications Agency Information Collection Activities: Proposed Collection; Comment Request PO 00000 Frm 00071 Fmt 4703 Sfmt 4703 Agency: Office of the Secretary, HHS. In compliance with the requirement of section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995, the Grants.gov Program Management Office, one of the 26 E-Government initiatives, managed by the Department of Health and Human Services is publishing the following summary of proposed collection for public comment. Interested individuals are invited to send comments regarding any aspect of this collection of information or any other aspect of this collection of information, including any of the following subjects: (1) The necessity and utility of the proposed information collection for the proper performance of the agency’s functions; (2) the accuracy of the estimated burden; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) the use of automated collection techniques or other forms of information technology to minimize the information collection burden. Type of Information Collection Request: Extension. Title of Information Collection: SF– 424 Short Organizational. Form/OMB No.: 4040–0003. Use: The SF–424 (short) is a simplified, alternative government-wide data set and application cover page for E:\FR\FM\26JAN1.SGM 26JAN1

Agencies

[Federal Register Volume 72, Number 17 (Friday, January 26, 2007)]
[Notices]
[Pages 3848-3849]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-1267]


=======================================================================
-----------------------------------------------------------------------

FEDERAL HOUSING FINANCE BOARD

[No. 2007-N-03]


Proposed Collection; Comment Request

AGENCY: Federal Housing Finance Board.

ACTION: Notice.

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

SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995, the Federal Housing Finance Board (Finance Board) is 
seeking public comments concerning the information collection known as 
``Capital Requirements for the Federal Home Loan Banks,'' which has 
been assigned control 3069-0059 by the Office of Management and Budget 
(OMB). The Finance Board intends to submit the information collection 
to OMB for review and approval of a 3 year extension of the control 
number, which is due to expire on February 28, 2007.

DATES: Interested persons may submit comments on or before March 27, 
2007.
    Comments: Submit comments only once by any of the following 
methods:
    E-mail: comments@fhfb.gov.
    Fax: 202-408-2580.
    Mail/Hand Delivery: Federal Housing Finance Board, 1625 Eye Street, 
NW., Washington DC 20006, ATTENTION: Public Comments.
    Federal eRulemaking Portal: https://www.regulations.gov. Follow the 
instructions for submitting comments. If you submit your comment to the 
Federal eRulemaking Portal, please also send it by e-mail to the 
Finance Board at comments@fhfb.gov to ensure timely receipt by the 
agency.
    Include the following information in the subject line of your 
submission: Federal Housing Finance Board. Proposed Collection; Comment 
Request: Capital Requirements for the Federal Home Loan Banks. 2007-N-
03.
    We will post all public comments we receive on this notice without 
change, including any personal information you provide, such as your 
name and address, on the Finance Board Web site at https://www.fhfb.gov/
Default.aspx?Page=93&Top=93.

FOR FURTHER INFORMATION CONTACT: Jonathon F. Curtis, Senior Financial 
Analyst, Regulations & Research Division, Office of Supervision, by e-
mail at curtisj@fhfb.gov, by telephone at 202-408-2866, or by regular 
mail at the Federal Housing Finance Board, 1625 Eye Street, NW., 
Washington DC 20006.

SUPPLEMENTARY INFORMATION:

A. Need For and Use of the Information Collection

    Section 6 of the Federal Home Loan Bank Act establishes the capital 
structure for the Federal Home Loan Banks (Banks) and requires the 
Finance Board to issue regulations prescribing uniform capital 
standards applicable to each Bank. 12 U.S.C. 1426. To implement the 
statutory capital structure for the Banks, the Finance Board added 
parts 930, 931, 932, and 933 to its regulations. 12 CFR parts 930, 931, 
932, and 933. Part 930 establishes definitions applicable to risk 
management and the capital regulations; part 931 concerns Bank capital 
stock; part 932 establishes Bank capital requirements; and part 933 
sets forth the requirements for Bank capital structure plans. The 
implementing regulations also include conforming changes to parts 917, 
925, and 956, which concern, respectively, the powers and 
responsibilities of Bank boards of directors and senior management, 
Bank members, and Bank investments. 12 CFR parts 917, 925, and 956.
    The Banks use the information collection contained in the rules 
implementing section 6 to determine the

[[Page 3849]]

amount of capital stock a member must purchase to maintain membership 
in and to obtain services from a Bank. More specifically, sections 
931.3 and 933.2(a) of the Finance Board rules authorize a Bank to offer 
its members several options to satisfy required investments in capital 
stock as activity-based and/or membership stock purchase requirements. 
12 CFR 931.3 and 933.2(a). The information collection is necessary to 
provide the Banks with the flexibility to meet the statutory and 
regulatory capital structure requirements while allowing Bank members 
to choose the option best suited to their business requirements.
    The OMB control number for the information collection is 3069-0059, 
and it is due to expire on February 28, 2007. The likely respondents 
include Banks and Bank members.

B. Burden Estimate

    While the number of member respondents has increased, the burden 
has decreased significantly because the Banks can access most of the 
data required by the information collection electronically from call 
reports the members already must file with their primary regulator. The 
estimate for the total annual hour burden for all member respondents is 
35,100 hours. The estimate for the total annual cost burden is 
$1,509,300. These estimates are based on the following calculations:
    The Finance Board estimates the total annual average number of 
member respondents for activity-based stock purchase requirements at 
5,500, with 4 responses per member. The estimate for the average hours 
per response is 0.65 hours. The estimate for member respondents' annual 
hour burden related to activity-based stock purchase requirements is 
14,300 hours (5,500 activity-based member respondents x 4 responses per 
member x 0.65 hours per response). The estimate for the annual cost 
burden is $614,900 (14,300 hours x $43 hourly rate).
    The Finance Board estimates the total annual average number of 
member respondents for membership stock purchase requirements at 8,000, 
with 4 responses per member. The estimate for the average hours per 
response is 0.65 hours. The estimate for member respondents' annual 
hour burden related to membership stock purchase requirements is 20,800 
hours (8,000 membership investment member respondents x 4 responses per 
member x 0.65 hours per response). The estimate for the annual cost 
burden is $894,400 (20,800 hours x $43 hourly rate).

C. Comment Request

    The Finance Board requests written comments on the following: (1) 
Whether the collection of information is necessary for the proper 
performance of Finance Board functions, including whether the 
information has practical utility; (2) the accuracy of the Finance 
Board's estimates of the burdens of the collection of information; (3) 
ways to enhance the quality, utility, and clarity of the information 
collected; and (4) 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.

    Dated: January 23, 2007.

    By the Federal Housing Finance Board.
Neil R. Crowley,
Deputy General Counsel.
[FR Doc. E7-1267 Filed 1-25-07; 8:45 am]
BILLING CODE 6725-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.