Sunshine Act Meeting, 59290-59291 [07-5209]
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59290
Federal Register / Vol. 72, No. 202 / Friday, October 19, 2007 / Notices
• Mail: Steven F. Hanft (202–898–
3907), Legal Division, Federal Deposit
Insurance Corporation, 550 17th Street,
NW., Washington, DC 20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 550 17th Street Building
(located on F Street), on business days
between 7 a.m. and 5 p.m.
A copy of the comments may also be
submitted to the OMB desk officer for
the FDIC, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Washington,
DC 20503.
FOR FURTHER INFORMATION CONTACT:
Steven F. Hanft, at the address
identified above.
SUPPLEMENTARY INFORMATION: Proposal
to renew the following currently
approved collections of information:
1. Title: Interagency Biographical and
Financial Report.
OMB Number: 3064–0006.
Frequency of Response: On occasion.
Affected Public: Directors or officers
of proposed or operating insured state
nonmember banks.
Estimated Number of Respondents:
1,769.
Estimated Time per Response: 4
hours.
Total Annual Burden: 7,076 hours.
General Description of Collection: The
Interagency Biographical and Financial
Report is submitted to the FDIC by each
individual director or officer of a
proposed or operating financial
institution applying for federal deposit
insurance as a state nonmember bank.
The information is used by the FDIC to
evaluate the general character of bank
management as required by the Federal
Deposit Insurance Act.
2. Title: Interagency Notice of Change
in Control.
OMB Number: 3064–0019.
Frequency of Response: On occasion.
Affected Public: Persons proposing to
acquire ownership control of an insured
state nonmember bank.
Estimated Number of Respondents:
27.
Estimated Time per Response: 30
hours.
Total Annual Burden: 810 hours.
General Description of Collection:
Any person proposing to acquire control
of an insured state nonmember bank
must provide 60 days prior written
notice of the proposed acquisition to the
FDIC. The FDIC uses the information to
determine whether the competence,
experience, or integrity of any acquiring
person, indicates that it would not be in
the interest of the depositors of the bank
or in the interest of the public, to permit
such persons to control the bank.
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3. Title: Recordkeeping and
Disclosure Requirements in Connection
with Regulation Z (Truth in Lending).
OMB Number: 3064–0082.
Frequency of Response: On occasion.
Affected Public: State nonmember
banks that regularly offer or extend
consumer credit.
Estimated Number of Respondents:
4,941.
Estimated Time per Response: 480
hours.
Total Annual Burden: 2,373,600
hours.
General Description of Collection:
Regulation Z (12 CFR 226), issued by
the Board of Governors of the Federal
Reserve System, ensures adequate
disclosure of the costs and terms of
credit to consumers in open-end credit
(revolving credit accounts) and closedend credit (such as mortgage and
installment loans).
4. Title: Recordkeeping and
Disclosure Requirements in Connection
with Regulation M (Consumer Leasing).
OMB Number: 3064–0083.
Frequency of Response: On occasion.
Affected Public: State nonmember
banks that engage in consumer leasing.
Estimated Number of Respondents:
1,755.
Estimated burden per Respondent: 75
hours.
Total Annual Burden: 131,625.
General Description of Collection:
Regulation M (12 CFR 213), issued by
the Board of Governors of the Federal
Reserve System, implements the
consumer leasing provisions of the
Truth in Lending Act by providing
consumers with disclosures about the
costs and terms of leases for personal
property.
5. Title: Recordkeeping and
Disclosure Requirements in Connection
with Regulation B (Equal Credit
Opportunity).
OMB Number: 3064–0085.
Frequency of Response: On occasion.
Affected Public: State nonmember
banks engaging in credit transactions.
Estimated Number of Respondents:
5,318.
Estimated Time per Response: 134.9
hours.
Total Annual Burden: 717,642 hours.
General Description of Collection:
Regulation B (12 CFR 202), issued by
the Board of Governors of the Federal
Reserve System, prohibits creditors from
discriminating against applicants on any
of the bases specified by the Equal
Credit Opportunity Act, and requires
disclosures and recordkeeping
requirements to implement those
prohibitions.
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Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology;
and (e) estimates of capital or start up
costs, and costs of operation,
maintenance and purchase of services to
provide the information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the collection
should be modified prior to submission
to OMB for review and approval.
Comments submitted in response to this
notice also will be summarized or
included in the FDIC’s requests to OMB
for renewal of these collections. All
comments will become a matter of
public record.
Dated at Washington, DC, this 15th day of
October 2007.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E7–20584 Filed 10–18–07; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
Thursday, October 25,
2007, at 10 a.m.
DATE AND TIME:
999 E Street, NW., Washington,
DC (Ninth Floor).
PLACE:
This meeting will be open to
the public.
STATUS:
ITEMS TO BE DISCUSSED:
Correction and Approval of Minutes.
Draft Advisory Opinion 2007–20: XM
Satellite Radio, Inc., by counsel, John
C. Keeney, Jr.
Notice of Proposed Rulemaking for
Bundled Contributions.
Management and Administrative
Matters.
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Federal Register / Vol. 72, No. 202 / Friday, October 19, 2007 / Notices
PERSON TO CONTACT FOR INFORMATION:
Mr. Robert Biersack, Press Officer,
Telephone: (202) 694–1220.
Mary W. Dove,
Secretary of the Commission.
[FR Doc. 07–5209 Filed 10–17–07; 3:21 pm]
BILLING CODE 6715–01–M
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
SUMMARY: Background. Notice is hereby
given of the final approval of proposed
information collections by the Board of
Governors of the Federal Reserve
System (Board) under OMB delegated
authority, as per 5 CFR 1320.16 (OMB
Regulations on Controlling Paperwork
Burdens on the Public). Board–
approved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
Paperwork Reduction Act Submission,
supporting statements and approved
collection of information instrument(s)
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.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance Officer
––Michelle Shore––Division of Research
and Statistics, Board of Governors of the
Federal Reserve System, Washington,
DC 20551 (202–452–3829).
OMB Desk Officer––Alexander T.
Hunt––Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 10235,
Washington, DC 20503.
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Final approval under OMB delegated
authority of the extension for three
years, without revision, of the following
reports:
1. Report title: Studies of Board
Publications.
Agency form number: FR 1373a,b.
OMB control number: 7100–0301.
Frequency: FR 1373a, one or two
times per year; FR 1373b, small–panel
survey: five times per year; large–panel
survey, three times per year.
Reporters: FR 1373a: community–
based educators, key stakeholders, and
other educators who have previously
requested consumer education materials
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from the Federal Reserve; FR 1373b:
current subscribers of the publications
being surveyed.
Annual reporting hours: FR 1373a:
survey, 300 hours; panel discussion, 68
hours.FR 1373b: small–panel, 80 hours;
large–panel 300 hours.
Estimated average hours per response:
FR 1373a: survey, 30 minutes; panel
discussion, 90 minutes. FR 1373b:
small–panel, 15 minutes; large–panel 15
minutes.
Number of respondents: FR 1373a:
survey, 400; panel discussion, 45. FR
1373b: small–panel, 64; large–panel,
400.
General description of report: This
information collection is voluntary. The
FR 1373a study is authorized pursuant
to the Federal Trade Commission
Improvement Act (15 U.S.C. § 57a(f));
the FR 1373b study is authorized
pursuant to the Federal Reserve Act (12
U.S.C. § 248(i)). The specific
information collected is not considered
confidential.
Abstract: The Federal Reserve uses
the FR 1373a to: 1) conduct periodic
reviews and evaluations of the
consumer education materials and 2)
develop and evaluate consumer
education materials under consideration
for distribution. The FR 1373b data help
the Federal Reserve determine if it
should continue to issue certain
publications and, if so, whether the
public would like to see changes in the
method of information delivery,
frequency, content, format, or
appearance.
Action: On August 7, 2007, the
Federal Reserve published a notice in
the Federal Register (72 FR 44136)
requesting public comment for 60 days
on the extension, without revision, of
FR 1373a,b. The comment period for
this notice expired on October 9, 2007.
No comments were received.
2. Report title: Disclosure
Requirements in Connection with
Regulation CC (Expedited Funds
Availability Act (EFAA))
Agency form number: Reg CC.
OMB control number: 7100–0235.
Frequency: Event–generated.
Reporters: State member banks and
uninsured state branches and agencies
of foreign banks.
Annual reporting hours: 210,882
hours.
Estimated average hours per response:
Banks: Specific availability policy
disclosure and initial disclosures, 1
minute; notice in specific policy
disclosure, 3 minutes; notice of
exceptions, 3 minutes; locations where
employees accept consumer deposits, 15
minutes; annual notice of new
automated teller machines (ATMs), 5
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59291
hours; ATM changes in policy, 20
hours; notice of nonpayment, 1 minute;
expedited recredit for consumers, 15
minutes; expedited recredit for banks,
15 minutes; consumer awareness, 1
minute. Consumers: expedited recredit
claim notice, 15 minutes.
Number of respondents: 1,105.
General description of report: This
information collection is mandatory.
Reg CC is authorized pursuant the
EFAA, as amended, and the Check 21
Act (12 U.S.C. § 4008 and 12 U.S.C.
5014, respectively). Because the Federal
Reserve does not collect any
information, no issue of confidentiality
arises. However, if, during a compliance
examination of a financial institution, a
violation or possible violation of the
EFAA or the Check 21 Act is noted then
information regarding such violation
may be kept confidential pursuant to
Section (b)(8) of the Freedom of
Information Act. 5 U.S.C. § 552(b)(8).
Abstract: Regulation CC requires
banks to make funds deposited in
transaction accounts available within
specified time periods, disclose their
availability policies to customers, and
begin accruing interest on such deposits
promptly. The disclosures are intended
to alert customers that their ability to
use deposited funds may be delayed,
prevent unintentional (and potentially
costly) overdrafts, and allow customers
to compare the policies of different
banks before deciding at which bank to
deposit funds. The regulation also
requires notice to the depositary bank
and to a customer of nonpayment of a
check. Model disclosure forms, clauses,
and notices are appended to the
regulation to ease compliance.
Action: On August 7, 2007, the
Federal Reserve published a notice in
the Federal Register (72 FR 44136)
requesting public comment for 60 days
on the extension, without revision, of
Reg CC. The comment period for this
notice expired on October 9, 2007. No
comments were received.
Board of Governors of the Federal Reserve
System, October 16, 2007.
Jennifer J. Johnson
Secretary of the Board.
[FR Doc. E7–20620 Filed 10–18–07; 8:45 am]
BILLING CODE 6210–01–S
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Agencies
[Federal Register Volume 72, Number 202 (Friday, October 19, 2007)]
[Notices]
[Pages 59290-59291]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-5209]
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FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
Date and Time: Thursday, October 25, 2007, at 10 a.m.
Place: 999 E Street, NW., Washington, DC (Ninth Floor).
Status: This meeting will be open to the public.
Items to be Discussed:
Correction and Approval of Minutes.
Draft Advisory Opinion 2007-20: XM Satellite Radio, Inc., by counsel,
John C. Keeney, Jr.
Notice of Proposed Rulemaking for Bundled Contributions.
Management and Administrative Matters.
[[Page 59291]]
Person to Contact for Information: Mr. Robert Biersack, Press Officer,
Telephone: (202) 694-1220.
Mary W. Dove,
Secretary of the Commission.
[FR Doc. 07-5209 Filed 10-17-07; 3:21 pm]
BILLING CODE 6715-01-M