Agency Information Collection Activities: Proposed Collection; Comment Request, 30938-30940 [E8-11945]

Download as PDF 30938 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices application (FCC Form 601). When initially filing the long-form application, the winning bidder will be required to advise the Commission whether it intends to seek a tribal lands bidding credit, for each license won in the auction, by checking the designated box(es). After stating its intent to seek a tribal lands bidding credit, the applicant will have 180 days from the close of the long-form filing window to amend its application to select the specific tribal lands to be served and provide the required tribal government certifications. Licensees receiving a tribal lands bidding credit are subject to performance criteria as set forth in 47 CFR 1.2110(f)(3)(vi). jlentini on PROD1PC65 with NOTICES F. Default and Disqualification 228. Any winning bidder that defaults or is disqualified after the close of the auction (i.e., fails to remit the required down payment within the prescribed period of time, fails to submit a timely long-form application, fails to make full payment, or is otherwise disqualified) will be subject to the payments described in 47 CFR 1.2104(g)(2). The payments include both a deficiency payment, equal to the difference between the amount of the bidder’s bid and the amount of the winning bid the next time a license covering the same spectrum is won in an auction, plus an additional payment equal to a percentage of the defaulter’s bid or of the subsequent winning bid, whichever is less. 229. The percentage of the applicable bid to be assessed as an additional payment for defaults in a particular auction is established in advance of the auction. Accordingly, in the Auction 78 Comment Public Notice, the Bureau proposed to set the additional default payment for this auction at ten percent of the applicable bid, consistent with Auctions 66 and 71. The Bureau received no comments on this proposal, and therefore, adopts the proposal. 230. Finally, in the event of a default, the Commission may re-auction the license or offer it to the next highest bidder (in descending order) at its final bid amount. In addition, if a default or disqualification involves gross misconduct, misrepresentation, or bad faith by an applicant, the Commission may declare the applicant and its principals ineligible to bid in future auctions, and may take any other action that it deems necessary, including institution of proceedings to revoke any existing licenses held by the applicant. VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 G. Refund of Remaining Upfront Payment Balance 231. All applicants that submit upfront payments but after the close of the auction are not winning bidders for a license in Auction 78 may be entitled to a refund of their remaining upfront payment balance after the conclusion of the auction. All refunds will be returned to the payer of record, as identified on the FCC Form 159, unless the payer submits written authorization instructing otherwise. 232. Refunds will not be made until after the conclusion of bidding because providing refunds could disclose the activity of particular applicants which would be inconsistent with the anonymous bidding procedures applicable to Auction 78. For these reasons, applicants should not request refunds until after the close of the auction. Federal Communications Commission. Gary D. Michaels, Deputy Chief, Auctions and Spectrum Access Division, WTB. [FR Doc. E8–12013 Filed 5–28–08; 8:45 am] BILLING CODE 6712–01–P FEDERAL COMMUNICATIONS COMMISSION Federal Advisory Committee Act Federal Communications Commission. ACTION: Notice of Charter Renewal. AGENCY: SUMMARY: In accordance with the Federal Advisory Committee Act (Pub. L. 92–463), the purpose of this notice is to announce that the Federal Communications Commission (FCC) has renewed the charter for the ‘‘WRC–11 Advisory Committee’’ for a two-year period through May 23, 2010. The WRC–11 Advisory Committee is a federal advisory committee under the Federal Advisory Committee Act. DATES: Renewed through May 23, 2010. ADDRESSES: Federal Communications Commission, 445 12th Street, SW.,Room TW–C305, Washington, DC 20554. FOR FURTHER INFORMATION CONTACT: Alexander Roytblat, Designated Federal Official, WRC–11 Advisory Committee, FCC International Bureau, Strategic Analysis and Negotiations Division, at (202) 418–7501. E-mail: Alexander.Roytblat@fcc.gov. SUPPLEMENTARY INFORMATION: The GSA has renewed the charter of the WRC–11 Advisory Committee (Committee) through May 23, 2010. The Committee will continue to provide to the FCC advice, technical support, and PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 recommended proposals relating to the preparation of United States proposals and positions for the 2011 World Radiocommunication Conference (WRC–11). The Advisory Committee has been renamed the Advisory Committee for the 2011 Radiocommunication Conference (or simply, WRC–11 Advisory Committee), and its scope of activities has been amended to address issues contained in the agenda for WRC–11. In accordance with the Federal Advisory Committee Act, Pub. L. 92–463, as amended, this notice advises interested persons of the renewal of the WRC–11 Advisory Committee. Federal Communications Commission. Helen Domenici, Chief, International Bureau. [FR Doc. E8–12011 Filed 5–28–08; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Proposed Collection; Comment Request Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: SUMMARY: The FDIC, 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 continuing information collections, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comments concerning the following collections of information titled: Acquisition Services Information Requirements (3064–0072), Account Based Disclosures in Connection with Federal Reserve Regulations E, CC, and DD (3064–0084), and Prompt Corrective Actions (3064–0115). DATES: Comments must be submitted on or before July 28, 2008. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods. All comments should refer to the name of the collection: • https://www.FDIC.gov/regulations/ laws/federal/notices.html. • E-mail: comments@fdic.gov. Include the name of the collection in the subject line of the message. • Mail: Leneta G. Gregorie (202–898– 3719), Counsel, Room F–1064, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. E:\FR\FM\29MYN1.SGM 29MYN1 jlentini on PROD1PC65 with NOTICES Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices • Hand Delivery: Comments may be hand-delivered to the guard station at the rear of the 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: Leneta G. Gregorie at the address identified above. SUPPLEMENTARY INFORMATION: Proposal to renew the following currently approved collections of information: 1. Title: Acquisition Services Information Requirements. OMB Number: 3064–0072. This OMB Number covers the following items: Forms Currently in Use: FDIC Background Investigation Questionnaire for Contractor Personnel Management Officials, Form 1600/04 (1–03). FDIC Contractor Representation and Certifications, Form 3700/04A (8–02). FDIC Background Investigation Questionnaire for Contractor, Form 1600/07 (8–02). FDIC Notice and Authorization Pertaining to Consumer Reports, Form 1600/10 (10–02). FDIC Integrity and Fitness Representations and Certifications, Form 3700/12 (11–03). FDIC Leasing Representations and Certifications Form 3700/44 (10–01). Discontinued Forms in This Collection: FDIC Contractor Application, Form 3700/13 (5–02). Contractor Past Performance RFP Reference Check Questionnaire, 3700/29 (10–01). Contractor Application Revision Request, Form 3700/33 (8–98). Frequency of Response: On occasion. Affected Public: Any contractors who wish to do business, have done business, or are currently under contract with the FDIC. Estimated Number of Respondents: 12,546. Estimated Time per Response: .43 hours. Total Annual Burden: 5,403 hours. General Description of Collection: The collection involves the submission of information on various forms by contractors who wish to do business, have done business, or are currently under contract with the FDIC. The information is used to: Enter contractors on the FDIC’s nationwide contractor database, the National Contractor VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 System (NCS); ensure compliance with established contractor ethics regulations (12 CFR Part 366); obtain information on a contractor’s past performance for proposal evaluation purposes; review a potential lessor’s fitness and integrity prior to entering into a lease transaction; provide notice and authorization for obtaining consumer reports for employment purposes or performance under a contract; and document contractor change requests. 2. Title: Account Based Disclosures in Connection With Federal Reserve Regulations E, CC, and DD. OMB Number: 3064–0084. Frequency of Response: On occasion. Affected Public: State chartered banks that are not members of the Federal Reserve System. Estimated Number of Respondents: 5,300. Total Annual Burden: 920,589 hours. General Description of Collection: This FDIC information collection provides for the application of Regulations E (Electronic Fund Transfers), CC (Availability of Funds), and DD (Truth in Savings) to State nonmember banks. Regulations E, CC, and DD are issued by the Federal Reserve Board of Governors (FRB) to ensure, among other things, that consumers are provided adequate disclosures regarding accounts, including electronic fund transfer services, availability of funds, and fees and annual percentage yield for deposit accounts. Generally, the Regulation E disclosures are designed to ensure consumers receive adequate disclosure of basic terms, costs, and rights relating to electronic fund transfer (EFT) services provided to them so that they can make informed decisions. Institutions offering EFT services must disclose to consumers certain information, including: initial and updated EFT terms, transaction information, the consumer’s potential liability for unauthorized transfers, and error resolution rights and procedures. Like Regulation E, Regulation CC has consumer protection disclosure requirements. Specifically, Regulation CC requires depository institutions 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 costly) overdrafts, and allow customers to compare the policies of different institutions before deciding at which institution to deposit funds. Depository PO 00000 Frm 00060 Fmt 4703 Sfmt 4703 30939 institutions must also provide an awareness disclosure regarding substitute checks. The regulation also requires notice to the depositary bank and to a customer of nonpayment of a check. Regulation DD also has similar consumer protection disclosure requirements that are intended to assist consumers in comparing deposit accounts offered by institutions, principally through the disclosure of fees, the annual percentage yield, and other account terms. Regulation DD requires depository institutions to disclose yields, fees, and other terms concerning deposit accounts to consumers at account opening, upon request, and when changes in terms occur. Depository institutions that provide periodic statements are required to include information about fees imposed, interest earned, and the annual percentage yield (APY) earned during those statement periods. It also contains rules about advertising deposit accounts. Although the FRB regulations require institutions to retain evidence of compliance with the disclosure requirements, the regulations do not specify the types of records that must be retained. 3. Title: Prompt Corrective Action. OMB Number: 3064–0115. Frequency of Response: On occasion. Affected Public: All insured depository institutions. Estimated Number of Respondents: 19. Estimated Time per Response: 4 hours. Total Annual Burden: 76 hours. General Description of Collection: The Prompt Corrective Action provisions in Section 38 of the Federal Deposit Insurance Act (12 U.S.C. 1831o) permits and, in some cases requires, the Federal Deposit Insurance Corporation (FDIC) and other federal banking agencies to take certain supervisory actions when FDIC-insured institutions fall within one of five capital categories. They also restrict or prohibit certain activities and require the submission of a capital restoration plan when an insured institution becomes undercapitalized. Request for Comment Comments are invited on: (a) Whether this 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 methodologies and assumptions used; (c) ways to enhance the quality, utility, E:\FR\FM\29MYN1.SGM 29MYN1 30940 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices 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 this collection. All comments will become a matter of public record. Dated at Washington, DC, this 23nd day of May, 2008. Federal Deposit Insurance Corporation. Valerie J. Best, Assistant Executive Secretary. [FR Doc. E8–11945 Filed 5–28–08; 8:45 am] BILLING CODE 6714–01–P FEDERAL MARITIME COMMISSION jlentini on PROD1PC65 with NOTICES 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 Web site (https://www.fmc.gov) or contacting the Office of Agreements (202) 523–5793 or tradeanalysis@fmc.gov. Agreement No.: 010071–035. Title: Cruise Lines International Association Agreement. Parties: American Cruise Lines, Inc.; Azamara Cruises; Carnival Cruise Lines; Celebrity Cruises, Inc.; Costa Cruise Lines; Crystal Cruises; Cunard Line; Disney Cruise Line; Holland America Line; Hurtigruten, Inc.; Majestic America Line; MSC Cruises; NCL Corporation; Oceania Cruises; Orient Lines; Princess Cruises; Regent Seven Seas Cruises; Royal Caribbean International; Seabourn Cruise Line; SeaDream Yacht Club; Silversea Cruises, Ltd. and Windstar Cruises. Filing Party: Farhad R. Alavi, Esq.; Holland & Knight LLP; 2099 Pennsylvania Avenue, NW., Suite 100; Washington, DC 20006. VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 Synopsis: The amendment would add AMA Waterways as parties to the agreement. Agreement No.: 010982–043. Title: Florida-Bahamas Shipowners and Operators Association. Parties: Atlantic Caribbean Line, Inc.; Bernuth Lines, Ltd.; Crowley Liner Services, Inc.; Pioneer Shipping Ltd.; Seaboard Marine, Ltd.; Seafreight Line, Ltd.; and Tropical Shipping and Construction Co., Ltd. Filing Party: Wayne R. Rohde, Esq.; Sher & Blackwell LLP; 1850 M Street, NW.; Suite 900; Washington, DC 20036. Synopsis: The amendment deletes Nina (Bermuda) Ltd. dba FTD Shipping Line as a party to the agreement. Agreement No.: 011953–004. Title: Florida Shipowners Group Agreement. Parties: The member lines of the Caribbean Shipowners Association and the Florida-Bahamas Shipowners and Operators Association. Filing Party: Wayne R. Rhode, Esq.; Sher & Blackwell, LLP; 1800 M Street, NW. Suite 900, Washington, DC 20036. Synopsis: The amendment deletes Nina (Bermuda) Ltd. dba FTD Shipping Line as a party to the agreement. Agreement No.: 201186. Title: Mobile Container Terminal Cooperative Working Agreement. Parties: APM Terminals North America, Inc.; CMA CGM, S.A.; Maersk, Inc. as agent to A.P. Moeller-Maersk; Mobile Container Terminal, LLC; and Terminal Link USA, LLC. Filing Party: Wayne R. Rohde, Esq.; Sher & Blackwell, LLP; 1850 M Street, NW. Suite 900, Washington, DC 20036. Synopsis: The agreement would authorize APM and Terminal Link to form and operate a limited liability company, Mobile Container, to operate a new container terminal at the Port of Mobile. The agreement also provides that CMA/Terminal Link and APM will not compete with Mobile Container’s operations at Mobile. Agreement No.: 201187. Title: Port of Seattle/Port of Tacoma Puget Sound Air Quality Discussion Agreement. Parties: Port of Seattle and Port of Tacoma. Filing Party: Thomas H. Tanaka, Esq.; Senior Port Counsel; Port of Seattle; PO Box 1209; Seattle, WA 98111. Synopsis: The Agreement would authorize the parties to discuss and reach agreement on measures addressing environmental issues arising from port operations. Dated: May 23, 2008. PO 00000 Frm 00061 Fmt 4703 Sfmt 4703 By Order of the Federal Maritime Commission. Karen V. Gregory, Assistant Secretary. [FR Doc. E8–12018 Filed 5–28–08; 8:45 am] BILLING CODE 6730–01–P FEDERAL MARITIME COMMISSION Ocean Transportation Intermediary License Applicants Notice is hereby given that the following applicants have filed with the Federal Maritime Commission an application for license as a Non-Vessel Operating Common Carrier and Ocean Freight Forwarder—Ocean Transportation Intermediary pursuant to section 19 of the Shipping Act of 1984 as amended (46 U.S.C. Chapter 409 and 46 CFR part 515). Persons knowing of any reason why the following applicants should not receive a license are requested to contact the Office of Transportation Intermediaries, Federal Maritime Commission,Washington, DC 20573. Non-Vessel Operating Common Carrier Ocean Transportation Intermediary Applicants Cargois Inc., 2700 Coyle Ave., Elk Grove Village, IL 60007. Officer: Souck-Sin Lee, Treasurer (Qualifying Individual). Forward System Logistics Inc., 145–54 156th Street, Jamaica, NY 11434. Officers: Po Shan Wong, Vice President (Qualifying Individual), Carrie Law, President. Manila Cargo, 675 Hegenberger Road, Ste. 251, Oakland, CA 94623. Gerardo R. DeGuzman, Sole Proprietor. Scarbrough International Express Lines, Ltd. dba Six Lines, Ltd. dba Six Pack, 10841 Ambassador Drive, Kansas City, MO 64153. Officers: Roger L. Scarbrough, President (Qualifying Individual), Cynthia J. Scarbrough, Secretary. Mak International Shipping, LLC, 1500 North Main Street, Crown Point, IN 46307. Officers: Mitro Kutanovski, Owner (Qualifying Individual). Hongwu Logistics (USA) Inc., 211 N. Huntington Ave., Ste. 18, Monterey Park, CA 91754. Officer: Guanying Liu, President (Qualifying Individual). Non-Vessel Operating Common Carrier and Ocean Freight Forwarder Transportation Intermediary Applicant TRB Group, Inc. dba Unishippers dba TRB Group Ocean Lines, 2012 E. Phelps, Suite A, Springfield, MO 65802. Officer: Terrell R. Barkett, President (Qualifying Individual). E:\FR\FM\29MYN1.SGM 29MYN1

Agencies

[Federal Register Volume 73, Number 104 (Thursday, May 29, 2008)]
[Notices]
[Pages 30938-30940]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-11945]


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

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: The FDIC, 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 continuing information 
collections, as required by the Paperwork Reduction Act of 1995 (44 
U.S.C. chapter 35). Currently, the FDIC is soliciting comments 
concerning the following collections of information titled: Acquisition 
Services Information Requirements (3064-0072), Account Based 
Disclosures in Connection with Federal Reserve Regulations E, CC, and 
DD (3064-0084), and Prompt Corrective Actions (3064-0115).

DATES: Comments must be submitted on or before July 28, 2008.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods. All comments should refer to 
the name of the collection:
     https://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: comments@fdic.gov. Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room F-
1064, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.

[[Page 30939]]

     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 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: Leneta G. Gregorie at the address 
identified above.

SUPPLEMENTARY INFORMATION:
    Proposal to renew the following currently approved collections of 
information:
    1. Title: Acquisition Services Information Requirements.
    OMB Number: 3064-0072.
    This OMB Number covers the following items:

Forms Currently in Use: FDIC Background Investigation Questionnaire for 
Contractor Personnel Management Officials, Form 1600/04 (1-03). FDIC 
Contractor Representation and Certifications, Form 3700/04A (8-02).
FDIC Background Investigation Questionnaire for Contractor, Form 1600/
07 (8-02).
FDIC Notice and Authorization Pertaining to Consumer Reports, Form 
1600/10 (10-02).
FDIC Integrity and Fitness Representations and Certifications, Form 
3700/12 (11-03).
FDIC Leasing Representations and Certifications Form 3700/44 (10-01).
Discontinued Forms in This Collection: FDIC Contractor Application, 
Form 3700/13 (5-02). Contractor Past Performance RFP Reference Check 
Questionnaire, 3700/29 (10-01). Contractor Application Revision 
Request, Form 3700/33 (8-98).

    Frequency of Response: On occasion.
    Affected Public: Any contractors who wish to do business, have done 
business, or are currently under contract with the FDIC.
    Estimated Number of Respondents: 12,546.
    Estimated Time per Response: .43 hours.
    Total Annual Burden: 5,403 hours.
    General Description of Collection: The collection involves the 
submission of information on various forms by contractors who wish to 
do business, have done business, or are currently under contract with 
the FDIC. The information is used to: Enter contractors on the FDIC's 
nationwide contractor database, the National Contractor System (NCS); 
ensure compliance with established contractor ethics regulations (12 
CFR Part 366); obtain information on a contractor's past performance 
for proposal evaluation purposes; review a potential lessor's fitness 
and integrity prior to entering into a lease transaction; provide 
notice and authorization for obtaining consumer reports for employment 
purposes or performance under a contract; and document contractor 
change requests.
    2. Title: Account Based Disclosures in Connection With Federal 
Reserve Regulations E, CC, and DD.
    OMB Number: 3064-0084.
    Frequency of Response: On occasion.
    Affected Public: State chartered banks that are not members of the 
Federal Reserve System.
    Estimated Number of Respondents: 5,300.
    Total Annual Burden: 920,589 hours.
    General Description of Collection: This FDIC information collection 
provides for the application of Regulations E (Electronic Fund 
Transfers), CC (Availability of Funds), and DD (Truth in Savings) to 
State nonmember banks. Regulations E, CC, and DD are issued by the 
Federal Reserve Board of Governors (FRB) to ensure, among other things, 
that consumers are provided adequate disclosures regarding accounts, 
including electronic fund transfer services, availability of funds, and 
fees and annual percentage yield for deposit accounts. Generally, the 
Regulation E disclosures are designed to ensure consumers receive 
adequate disclosure of basic terms, costs, and rights relating to 
electronic fund transfer (EFT) services provided to them so that they 
can make informed decisions. Institutions offering EFT services must 
disclose to consumers certain information, including: initial and 
updated EFT terms, transaction information, the consumer's potential 
liability for unauthorized transfers, and error resolution rights and 
procedures.
    Like Regulation E, Regulation CC has consumer protection disclosure 
requirements. Specifically, Regulation CC requires depository 
institutions 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 costly) 
overdrafts, and allow customers to compare the policies of different 
institutions before deciding at which institution to deposit funds. 
Depository institutions must also provide an awareness disclosure 
regarding substitute checks. The regulation also requires notice to the 
depositary bank and to a customer of nonpayment of a check.
    Regulation DD also has similar consumer protection disclosure 
requirements that are intended to assist consumers in comparing deposit 
accounts offered by institutions, principally through the disclosure of 
fees, the annual percentage yield, and other account terms. Regulation 
DD requires depository institutions to disclose yields, fees, and other 
terms concerning deposit accounts to consumers at account opening, upon 
request, and when changes in terms occur. Depository institutions that 
provide periodic statements are required to include information about 
fees imposed, interest earned, and the annual percentage yield (APY) 
earned during those statement periods. It also contains rules about 
advertising deposit accounts.
    Although the FRB regulations require institutions to retain 
evidence of compliance with the disclosure requirements, the 
regulations do not specify the types of records that must be retained.
    3. Title: Prompt Corrective Action.
    OMB Number: 3064-0115.
    Frequency of Response: On occasion.
    Affected Public: All insured depository institutions.
    Estimated Number of Respondents: 19.
    Estimated Time per Response: 4 hours.
    Total Annual Burden: 76 hours.
    General Description of Collection: The Prompt Corrective Action 
provisions in Section 38 of the Federal Deposit Insurance Act (12 
U.S.C. 1831o) permits and, in some cases requires, the Federal Deposit 
Insurance Corporation (FDIC) and other federal banking agencies to take 
certain supervisory actions when FDIC-insured institutions fall within 
one of five capital categories. They also restrict or prohibit certain 
activities and require the submission of a capital restoration plan 
when an insured institution becomes undercapitalized.

Request for Comment

    Comments are invited on: (a) Whether this 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 methodologies and assumptions used; (c) 
ways to enhance the quality, utility,

[[Page 30940]]

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 
this collection. All comments will become a matter of public record.

    Dated at Washington, DC, this 23nd day of May, 2008.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. E8-11945 Filed 5-28-08; 8:45 am]
BILLING CODE 6714-01-P
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