Agency Information Collection Activities: Proposed Information Collection; Comment Request, 28552 [E8-10946]

Download as PDF 28552 Federal Register / Vol. 73, No. 96 / Friday, May 16, 2008 / Notices Office of the Comptroller of the Currency Agency Information Collection Activities: Proposed Information Collection; Comment Request Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. sroberts on PROD1PC70 with NOTICES AGENCY: SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning its information collection titled, ‘‘Management Official Interlocks—12 CFR 26.’’ The OCC is also giving notice that it has submitted the collection to OMB for review. DATES: You should submit written comments by June 16, 2008. ADDRESSES: Communications Division, Office of the Comptroller of the Currency, Public Information Room, Mail Stop 1–5, Attention: 1557–0196, 250 E Street, SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) 874–4448, or by electronic mail to regs.comments@occ.treas.gov. You may personally inspect and photocopy comments at the OCC’s Public Information Room, 250 E Street, SW., Washington, DC. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 874–5043. Upon arrival, visitors will be required to present valid government-issued photo identification and submit to security screening in order to inspect and photocopy comments. Additionally, you should send a copy of your comments to OCC Desk Officer, 1557–0196, by mail to U.S. Office of Management and Budget, 725 17th Street, NW., #10235, Washington, DC 20503, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: You can request additional information or a copy of the collection from Mary Gottlieb, (202) 874–5090, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219. VerDate Aug<31>2005 16:18 May 15, 2008 Jkt 214001 The OCC is proposing to extend OMB approval of the following information collection: Title: (MA)–Management Official Interlocks—12 CFR 26. OMB Control Number: 1557–0196. Description: Under the Interlocks Act, two competing depository institutions generally may not share management officials. However, the OCC has legal authority to implement exemptions to this general prohibition. One such prohibition prohibits a management official of a depository organization from serving at the same time as a management official of an unaffiliated depository organization if the depository organizations in question (or a depository institution affiliate thereof) have offices in the same relevant metropolitan statistical area and each depository organization has total assets of $20 million or more. Section 610 of the Financial Services Regulatory Relief Act of 2006 (12 U.S.C. 3202(1)) raises the total asset threshold of the depository organization to $50 million. The change was effective as of October 13, 2006 and adopted by the OCC on January 11, 2007. This submission covers this change. The information is needed to prevent any management official interlock that would result in a monopoly or substantial lessening of competition. The OCC needs the information to grant exemptions that foster competition between unaffiliated institutions. The OCC uses the information to ensure that a proposed management interlock is permitted under statute, is eligible for an exemption under section 2210(c) of the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (12 U.S.C. 3207), and does not have an anticompetitive effect. Type of Review: Regular Review. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 2. Estimated Total Annual Responses: 2. Estimated Frequency of Response: On occasion. Estimated Time per Respondent: 2 hours. Estimated Total Annual Burden: 4 hours. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless the information collection displays a currently valid OMB control number. On March 10, 2008, the OCC published a notice in the Federal Register soliciting comments for 60 days on this information collection (73 FR 12799). No comments were received. Comments continue to be invited on: SUPPLEMENTARY INFORMATION: DEPARTMENT OF THE TREASURY PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has 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 on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. Dated: May 12, 2008. Michele Meyer, Assistant Director, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency. [FR Doc. E8–10946 Filed 5–15–08; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Internal Revenue Service Art Advisory Panel—Notice of Closed Meeting Internal Revenue Service, Treasury. ACTION: Notice of Closed Meeting of Art Advisory Panel. AGENCY: SUMMARY: Closed meeting of the Art Advisory Panel will be held in Washington, DC. DATES: The meeting will be held June 10, 2008. ADDRESSES: The closed meeting of the Art Advisory Panel will be held on June 10, 2008, in Room 4200E beginning at 9:30 a.m., Franklin Court Building, 1099 14th Street, NW., Washington, DC 20005. FOR FURTHER INFORMATION CONTACT: Karen Carolan, C:AP:AS, 1099 14th Street, NW., Washington, DC 20005. Telephone (202) 435–5609 (not a toll free number). SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App., that a closed meeting of the Art Advisory Panel will be held on June 10, 2008, in Room 4200E beginning at 9:30 a.m., Franklin Court Building, 1099 14th Street, NW., Washington, DC 20005. The agenda will consist of the review and evaluation of the acceptability of E:\FR\FM\16MYN1.SGM 16MYN1

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[Federal Register Volume 73, Number 96 (Friday, May 16, 2008)]
[Notices]
[Page 28552]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-10946]



[[Page 28552]]

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Proposed Information 
Collection; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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

SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to comment on a continuing information collection, as required 
by the Paperwork Reduction Act of 1995. An agency may not conduct or 
sponsor, and a respondent is not required to respond to, an information 
collection unless it displays a currently valid Office of Management 
and Budget (OMB) control number. The OCC is soliciting comment 
concerning its information collection titled, ``Management Official 
Interlocks--12 CFR 26.'' The OCC is also giving notice that it has 
submitted the collection to OMB for review.

DATES: You should submit written comments by June 16, 2008.

ADDRESSES: Communications Division, Office of the Comptroller of the 
Currency, Public Information Room, Mail Stop 1-5, Attention: 1557-0196, 
250 E Street, SW., Washington, DC 20219. In addition, comments may be 
sent by fax to (202) 874-4448, or by electronic mail to 
regs.comments@occ.treas.gov. You may personally inspect and photocopy 
comments at the OCC's Public Information Room, 250 E Street, SW., 
Washington, DC. For security reasons, the OCC requires that visitors 
make an appointment to inspect comments. You may do so by calling (202) 
874-5043. Upon arrival, visitors will be required to present valid 
government-issued photo identification and submit to security screening 
in order to inspect and photocopy comments.
    Additionally, you should send a copy of your comments to OCC Desk 
Officer, 1557-0196, by mail to U.S. Office of Management and Budget, 
725 17th Street, NW., 10235, Washington, DC 20503, or by fax 
to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection from Mary Gottlieb, (202) 874-5090, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval 
of the following information collection:
    Title: (MA)-Management Official Interlocks--12 CFR 26.
    OMB Control Number: 1557-0196.
    Description: Under the Interlocks Act, two competing depository 
institutions generally may not share management officials. However, the 
OCC has legal authority to implement exemptions to this general 
prohibition. One such prohibition prohibits a management official of a 
depository organization from serving at the same time as a management 
official of an unaffiliated depository organization if the depository 
organizations in question (or a depository institution affiliate 
thereof) have offices in the same relevant metropolitan statistical 
area and each depository organization has total assets of $20 million 
or more. Section 610 of the Financial Services Regulatory Relief Act of 
2006 (12 U.S.C. 3202(1)) raises the total asset threshold of the 
depository organization to $50 million. The change was effective as of 
October 13, 2006 and adopted by the OCC on January 11, 2007. This 
submission covers this change.
    The information is needed to prevent any management official 
interlock that would result in a monopoly or substantial lessening of 
competition. The OCC needs the information to grant exemptions that 
foster competition between unaffiliated institutions.
    The OCC uses the information to ensure that a proposed management 
interlock is permitted under statute, is eligible for an exemption 
under section 2210(c) of the Economic Growth and Regulatory Paperwork 
Reduction Act of 1996 (12 U.S.C. 3207), and does not have an 
anticompetitive effect.
    Type of Review: Regular Review.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 2.
    Estimated Total Annual Responses: 2.
    Estimated Frequency of Response: On occasion.
    Estimated Time per Respondent: 2 hours.
    Estimated Total Annual Burden: 4 hours.
    An agency may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless the 
information collection displays a currently valid OMB control number.
    On March 10, 2008, the OCC published a notice in the Federal 
Register soliciting comments for 60 days on this information collection 
(73 FR 12799). No comments were received. Comments continue to be 
invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has 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 on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: May 12, 2008.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
[FR Doc. E8-10946 Filed 5-15-08; 8:45 am]
BILLING CODE 4810-33-P