Submission for OMB Review; Comment Request, 26386-26387 [E7-8833]

Download as PDF sroberts on PROD1PC70 with NOTICES 26386 Federal Register / Vol. 72, No. 89 / Wednesday, May 9, 2007 / Notices by visiting the FCC’s PRAWeb page at: https://www.fcc.gov/omd/pra. FOR FURTHER INFORMATION CONTACT: For additional information about the information collection(s) send an e-mail to PRA@fcc.gov or contact Cathy Williams at (202) 418–2918. SUPPLEMENTARY INFORMATION: OMB Control Number: 3060–0849. Title: Commercial Availability of Navigation Devices. Form Number: Not applicable. Type of Review: Revision of a currently approved collection. Respondents: Business or other forprofit entities. Number of Respondents: 958. Estimated Time per Response: 10 seconds—40 hours. Frequency of Response: Recordkeeping requirement; On occasion reporting requirement; Quarterly and semi-annual reporting requirements; Third party disclosure requirement. Total Annual Burden: 102,881 hours. Total Annual Cost: $131,250. Nature of Response: Required to obtain or retain benefits. Privacy Impact Assessment: No impact(s). Confidentiality: There is no need for confidentiality with this collection of information. Needs and Uses: With this revision, the Commission is consolidating information collection OMB Control Number 3060–1032 (Commercial Availability of Navigation Devices and Compatibility between Cable Systems and Consumer Electronic Equipment, CS Docket 97–80 and PP Docket No. 00– 67) into OMB Control Number 3060– 0849 (Commercial Availability of Navigation Devices). On March 17, 2005 the FCC released a Second Report and Order, In the Matter of Implementation of Section 304 of the Telecommunications Act of 1996, Commercial Availability of Navigation Devices, CS Docket No. 97–80, FCC 05– 76. In this Second Report and Order, the Commission extends by twelve months the existing 2006 deadline in Section 76.1204(a)(1) prohibiting the deployment of integrated navigation devices by multichannel video programming distributors in order to promote the retail sale of non-integrated navigation devices. This extension is intended to afford cable operators additional time to investigate and develop a downloadable security solution that will allow common reliance by cable operators and consumer electronics manufacturers on an identical security function without the additional costs of physical VerDate Aug<31>2005 18:12 May 08, 2007 Jkt 211001 separation inherent in the point-ofdeployment module, or CableCARD, solution. Federal Communications Commission. Marlene H. Dortch, Secretary. [FR Doc. E7–8902 Filed 5–8–07; 8:45 am] BILLING CODE 6712–01–P FEDERAL HOUSING FINANCE BOARD [No. 2007–N–08] Submission for OMB Review; 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) has submitted the information collection entitled ‘‘Members of the Banks’’ to the Office of Management and Budget (OMB) for review and approval of a 3 year extension of the OMB control number, 3069–0004, which is due to expire on May 31, 2007. DATES: Interested persons may submit comments on or before June 8, 2007. ADDRESSES: Submit comments to the Office of Information and Regulatory Affairs of the Office of Management and Budget, Attention: Desk Officer for the Federal Housing Finance Board, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Jonathan 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 4 of the Federal Home Loan Bank Act (Bank Act) establishes the eligibility requirements an institution must meet in order to become a member of a Federal Home Loan Bank (Bank). See 12 U.S.C. 1424. Part 925 of the Finance Board regulations—the membership rule—implements section 4 of the Bank Act. See 12 CFR part 925. The membership rule provides uniform requirements an applicant for Bank membership must meet and review criteria a Bank must apply to determine if an applicant satisfies the statutory and regulatory membership eligibility requirements. PO 00000 Frm 00054 Fmt 4703 Sfmt 4703 More specifically, the membership rule implements the statutory eligibility requirements and provides guidance to an applicant on how it may satisfy such requirements. The rule authorizes a Bank to approve or deny each membership application subject to the statutory and regulatory requirements and permits an applicant to appeal to the Finance Board a Bank’s decision to deny certification as a Bank member. The rule also imposes a continuing obligation on a current Bank member to provide information necessary to determine if it remains in compliance with applicable statutory and regulatory eligibility requirements. The information collection is contained in sections 925.2 through 925.31 of the membership rule, 12 CFR 925.2–925.31, and chapter 2 of the Data Reporting Manual, which contains instructions addressing data definitions as well as requirements concerning data elements, reporting format, reporting method (e.g., electronic or paper), record retention, timeliness, reporting frequency, and certification.1 This information collection is necessary to enable a Bank to determine if a respondent satisfies the statutory and regulatory requirements to be certified initially and maintain its status as a member eligible to obtain Bank advances. The Finance Board requires and uses the information collection to determine whether to uphold or overrule a Bank’s decision to deny member certification to an applicant. The OMB control number for the information collection is 3069–0004, which is due to expire on May 31, 2007. The likely respondents are institutions that want to be certified as or are members of a Bank. B. Burden Estimate The Finance Board has analyzed the cost and hour burden for the four facets of the information collection: Membership application process, minimum capital stock calculation for applicants, membership withdrawals, and transfer of membership to another Bank district. The first notice inadvertently omitted the burden estimates for the last two of these four facets of the information collection. The estimate for the total annual hour burden for all applicant/member respondents is 4,770 hours. The estimate for the total annual cost burden is $789,285. These estimates are based on the following calculations: 1 The Data Reporting Manual is available electronically on the Finance Board Web site: https://www.fhfb.gov/Default.aspx?Page=101. E:\FR\FM\09MYN1.SGM 09MYN1 Federal Register / Vol. 72, No. 89 / Wednesday, May 9, 2007 / Notices Membership Application Process The Finance Board estimates the total annual average number of applicants at 240, with 1 response per applicant. Of these 240 applicants, the Finance Board estimates that 1 applicant will appeal a Bank’s membership determination to the Finance Board. The estimate for the average hours per application is 19.5 hours. The estimate for the average hours per appeal is 10 hours. The estimate for the annual hour burden for applicants is 4,690 hours (240 applicants × 1 response per applicant × 19.5 hours per response + 1 appellant × 1 appeal × 10 hours). The estimate for the total annual cost burden to applicants of the membership application process is $778,830. Minimum Capital Stock Calculation for Applicants The Finance Board has excluded minimum capital stock calculations for current Bank members from this information collection because the data already is compiled and accounted for in the information collection titled ‘‘Capital Requirements for the Federal Home Loan Banks.’’ See 72 FR 7036 (Feb. 14, 2007) and 72 FR 18479 (April 12, 2007). The Finance Board estimates the total annual average number of applicants at 240, with 1 response per applicant. The estimate for the average hours per capital stock calculation is 0.1 hours. The estimate for the annual hour burden for applicants is 24 hours (240 applicants × 1 response per applicant × 0.1 hours per response). The estimate for the total annual cost burden to applicants of the minimum capital stock calculation is $3,168. sroberts on PROD1PC70 with NOTICES Membership Withdrawals The Finance Board estimates the total annual average number of members that will file to withdraw from Bank membership at 14, with 1 filing per member. The estimate for the average hours per filing is 3.5 hours. The estimate for the total annual hour burden for membership withdrawals is 49 hours (14 members × 1 filing × 3.5 hours). The estimate for the total annual cost burden to members of the withdrawal from membership process is $6,468. Transfer of Membership to Another Bank District The Finance Board estimates the total annual average number of members that may file to transfer membership to another Bank district at 2, with 1 filing per member. The estimate for the average hours per filing is 3.5 hours. The estimate for the total annual hour burden for membership transfers 7 VerDate Aug<31>2005 18:12 May 08, 2007 Jkt 211001 hours (2 members × 1 filing × 3.5 hours). The estimate for the total annual cost burden to applicants of the transfer of membership process is $819. C. Comment Request In accordance with the requirements of 5 CFR 1320.8(d), the Finance Board published a request for public comments regarding this information collection in the Federal Register on February 14, 2007. See 72 FR 7036 (Feb. 14, 2007). The 60-day comment period closed on April 16, 2007. The Finance Board received no public comments. Written comments are requested on: (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. Comments may be submitted to OMB in writing at the address listed above. Dated: May 3, 2007. By the Federal Housing Finance Board. Neil R. Crowley, Acting General Counsel. [FR Doc. E7–8833 Filed 5–8–07; 8:45 am] BILLING CODE 6725–01–P FEDERAL MARITIME COMMISSION Notice of Agreements Filed The Commission hereby gives notice of the filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments on agreements to the Secretary, Federal Maritime Commission, Washington, DC 20573, within ten days of the date this notice appears in the Federal Register. Copies of agreements are available through the Commission’s Office of Agreements (202–523–5793 or tradeanalysis@fmc.gov). Agreement No.: 010982–041. Title: Florida-Bahamas Shipowners and Operators Association. Parties: Atlantic Caribbean Line, Inc.; Crowley Liner Services, Inc.; Nina (Bermuda) Ltd.; Pioneer Shipping Ltd.; Seaboard Marine, Ltd.; and Tropical Shipping and Construction Co., Ltd. Filing Party: Joe Espinosa; Florida Shipowners Group Inc.; 101 N.E. Third Avenue; Suite 1500; Fort Lauderdale, FL 33301–1181. PO 00000 Frm 00055 Fmt 4703 Sfmt 4703 26387 Synopsis: The amendment would add SeaFreight Line, Ltd. as a party to the agreement. Agreement No.: 011941–001. Title: CMA CGM/ELJSA/GSL Amerigo Express 2 MUS Cross Space Charter, Sailing and Cooperative Working Agreement. Parties: CMA CGM, S.A.; Italia Marittima S.P.A. (‘‘Italia’’); and Gold Star Line Ltd. Filing Party: Paul M. Keane, Esq.; Cichanowicz, Callan, Keane, Vengrow & Textor, LLP; 61 Broadway; Suite 3000; New York, NY 10006–2802. Synopsis: The amendment would replace Italia with the Evergreen Line Joint Service Agreement. The parties have requested expedited review. Agreement No.: 011955–001. Title: CMA CGM/CSCL/ELJSA Cross Space Charter, Sailing and Cooperative Working Agreement—North Europe/ USEC and U.S. Gulf and Mexico Loop. Parties: CMA CGM S.A.; China Shipping Container Lines Co., Ltd./ China Shipping Container Lines (Hong Kong) Co., Ltd.; and Evergreen Line Joint Service Agreement (‘‘ELJSA’’). Filing Party: Paul M. Keane, Esq.; Cichanowicz, Callan, Keane, Vengrow & Textor, LLP; 61 Broadway; Suite 3000; New York, NY 10006–2802. Synopsis: The amendment replaces Hatsu Marine, Ltd. with ELJSA. Agreement No.: 011997. Title: Dole Ocean Cargo Express Inc.— South Pacific Shipping Company Ltd. Space Charter Agreement. Parties: Dole Ocean Cargo Express Inc. and Ecuadorian Line, a Service of South Pacific Shipping Company, Ltd. Filing Party: Michael G. Roberts, Esq.; Venable, LLP; 575 7th Street, NW; Washington, DC 20004. Synopsis: The agreement authorizes the parties to share vessel space between the Pacific Coast of Costa Rica and the U.S. Pacific Coast. Agreement No.: 011998. Title: CSAV/EUKOR Venezuela Space Charter Agreement. Parties: EUKOR Car Carriers, Inc. (‘‘EUKOR’’) and Compania Sud Americana de Vapores (‘‘CSAV’’). Filing Party: Walter H. Lion, Esq.; McLaughlin & Stern, LLP; 260 Madison Ave; New York, NY 10016. Synopsis: The agreement authorizes EUKOR to charter space to CSAV for the carriage of vehicles and other cargo between the U.S. Atlantic Coast and Venezuela. Dated: May 4, 2007. E:\FR\FM\09MYN1.SGM 09MYN1

Agencies

Federal Housing Finance Board

[Federal Register Volume 72, Number 89 (Wednesday, May 9, 2007)]
[Notices]
[Pages 26386-26387]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-8833]


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

FEDERAL HOUSING FINANCE BOARD

[No. 2007-N-08]


Submission for OMB Review; 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) has 
submitted the information collection entitled ``Members of the Banks'' 
to the Office of Management and Budget (OMB) for review and approval of 
a 3 year extension of the OMB control number, 3069-0004, which is due 
to expire on May 31, 2007.

DATES: Interested persons may submit comments on or before June 8, 
2007.

ADDRESSES: Submit comments to the Office of Information and Regulatory 
Affairs of the Office of Management and Budget, Attention: Desk Officer 
for the Federal Housing Finance Board, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Jonathan 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 4 of the Federal Home Loan Bank Act (Bank Act) establishes 
the eligibility requirements an institution must meet in order to 
become a member of a Federal Home Loan Bank (Bank). See 12 U.S.C. 1424. 
Part 925 of the Finance Board regulations--the membership rule--
implements section 4 of the Bank Act. See 12 CFR part 925. The 
membership rule provides uniform requirements an applicant for Bank 
membership must meet and review criteria a Bank must apply to determine 
if an applicant satisfies the statutory and regulatory membership 
eligibility requirements.
    More specifically, the membership rule implements the statutory 
eligibility requirements and provides guidance to an applicant on how 
it may satisfy such requirements. The rule authorizes a Bank to approve 
or deny each membership application subject to the statutory and 
regulatory requirements and permits an applicant to appeal to the 
Finance Board a Bank's decision to deny certification as a Bank member. 
The rule also imposes a continuing obligation on a current Bank member 
to provide information necessary to determine if it remains in 
compliance with applicable statutory and regulatory eligibility 
requirements.
    The information collection is contained in sections 925.2 through 
925.31 of the membership rule, 12 CFR 925.2-925.31, and chapter 2 of 
the Data Reporting Manual, which contains instructions addressing data 
definitions as well as requirements concerning data elements, reporting 
format, reporting method (e.g., electronic or paper), record retention, 
timeliness, reporting frequency, and certification.\1\ This information 
collection is necessary to enable a Bank to determine if a respondent 
satisfies the statutory and regulatory requirements to be certified 
initially and maintain its status as a member eligible to obtain Bank 
advances. The Finance Board requires and uses the information 
collection to determine whether to uphold or overrule a Bank's decision 
to deny member certification to an applicant.
---------------------------------------------------------------------------

    \1\ The Data Reporting Manual is available electronically on the 
Finance Board Web site: https://www.fhfb.gov/Default.aspx?Page=101.
---------------------------------------------------------------------------

    The OMB control number for the information collection is 3069-0004, 
which is due to expire on May 31, 2007. The likely respondents are 
institutions that want to be certified as or are members of a Bank.

B. Burden Estimate

    The Finance Board has analyzed the cost and hour burden for the 
four facets of the information collection: Membership application 
process, minimum capital stock calculation for applicants, membership 
withdrawals, and transfer of membership to another Bank district. The 
first notice inadvertently omitted the burden estimates for the last 
two of these four facets of the information collection. The estimate 
for the total annual hour burden for all applicant/member respondents 
is 4,770 hours. The estimate for the total annual cost burden is 
$789,285. These estimates are based on the following calculations:

[[Page 26387]]

Membership Application Process

    The Finance Board estimates the total annual average number of 
applicants at 240, with 1 response per applicant. Of these 240 
applicants, the Finance Board estimates that 1 applicant will appeal a 
Bank's membership determination to the Finance Board. The estimate for 
the average hours per application is 19.5 hours. The estimate for the 
average hours per appeal is 10 hours. The estimate for the annual hour 
burden for applicants is 4,690 hours (240 applicants x 1 response per 
applicant x 19.5 hours per response + 1 appellant x 1 appeal x 10 
hours). The estimate for the total annual cost burden to applicants of 
the membership application process is $778,830.

Minimum Capital Stock Calculation for Applicants

    The Finance Board has excluded minimum capital stock calculations 
for current Bank members from this information collection because the 
data already is compiled and accounted for in the information 
collection titled ``Capital Requirements for the Federal Home Loan 
Banks.'' See 72 FR 7036 (Feb. 14, 2007) and 72 FR 18479 (April 12, 
2007). The Finance Board estimates the total annual average number of 
applicants at 240, with 1 response per applicant. The estimate for the 
average hours per capital stock calculation is 0.1 hours. The estimate 
for the annual hour burden for applicants is 24 hours (240 applicants x 
1 response per applicant x 0.1 hours per response). The estimate for 
the total annual cost burden to applicants of the minimum capital stock 
calculation is $3,168.

Membership Withdrawals

    The Finance Board estimates the total annual average number of 
members that will file to withdraw from Bank membership at 14, with 1 
filing per member. The estimate for the average hours per filing is 3.5 
hours. The estimate for the total annual hour burden for membership 
withdrawals is 49 hours (14 members x 1 filing x 3.5 hours). The 
estimate for the total annual cost burden to members of the withdrawal 
from membership process is $6,468.

Transfer of Membership to Another Bank District

    The Finance Board estimates the total annual average number of 
members that may file to transfer membership to another Bank district 
at 2, with 1 filing per member. The estimate for the average hours per 
filing is 3.5 hours. The estimate for the total annual hour burden for 
membership transfers 7 hours (2 members x 1 filing x 3.5 hours). The 
estimate for the total annual cost burden to applicants of the transfer 
of membership process is $819.

C. Comment Request

    In accordance with the requirements of 5 CFR 1320.8(d), the Finance 
Board published a request for public comments regarding this 
information collection in the Federal Register on February 14, 2007. 
See 72 FR 7036 (Feb. 14, 2007). The 60-day comment period closed on 
April 16, 2007. The Finance Board received no public comments.
    Written comments are requested on: (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. Comments may be submitted to OMB in writing at 
the address listed above.

    Dated: May 3, 2007.

    By the Federal Housing Finance Board.
Neil R. Crowley,
Acting General Counsel.
[FR Doc. E7-8833 Filed 5-8-07; 8:45 am]
BILLING CODE 6725-01-P

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