Agency Information Collection Activities: Submission for OMB Review; Comment Request, 41186-41187 [E9-19469]
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41186
Federal Register / Vol. 74, No. 156 / Friday, August 14, 2009 / Notices
Task 96–7—(Completed) Developing
Roadway Maintenance Machines (OnTrack Equipment) Safety Standards.
Task 96–8—(Completed) This
planning task evaluated the need for
action responsive to recommendations
contained in a report to Congress titled,
Locomotive Crash worthiness &
Working Conditions.
Task 97–1—(Completed) Developing
crashworthiness specifications (49 CFR
Part 229) to promote the integrity of the
locomotive cab in accidents resulting
from collisions.
Task 97–2—(Completed) Evaluating
the extent to which environmental,
sanitary, and other working conditions
in locomotive cabs affect the crew’s
health and the safe operation of
locomotives, proposing standards where
appropriate.
Task 97–3—(Completed) Developing
event recorder data survivability
standards.
Task 97–4 and Task 97–5—
(Completed) Defining PTC
functionalities, describing available
technologies, evaluating costs and
benefits of potential systems, and
considering implementation
opportunities and challenges, including
demonstration and deployment.
Task 97–6—(Completed) Revising
various regulations to address the safety
implications of processor-based signal
and train control technologies,
including communications-based
operating systems.
Task 97–7—(Completed) Determining
damages qualifying an event as a
reportable train accident.
Task OO–1—(Task withdrawn)
Determining the need to amend
regulations protecting persons who
work on, under, or between rolling
equipment and persons applying,
removing, or inspecting rear end
marking devices (Blue Signal
Protection).
Task O1–1—(Completed) Developing
conformity of FRA’s regulations for
accident/incident reporting (49 CFR Part
225) to revised regulations of the
Occupational Safety and Health
Administration, U.S. Department of
Labor, and to make appropriate
revisions to the FRA Guide for
Preparing Accident/Incident Reports.
Task OB–O1—(Completed) Report on
the Nation’s Railroad Bridges. Report to
the FRA Administrator on the current
state of railroad bridge safety
management; update the findings and
conclusions of the 1993 Summary
Report of the FRA Railroad Bridge
Safety Survey.
Task No. OB–06—(Completed) Hours
of Service Recordkeeping and
Reporting. Develop revised
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16:27 Aug 13, 2009
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recordkeeping and reporting
requirements for hours of service of
railroad employees. Final rule
published May 27, 2009, with an
effective date of July 16, 2009 (74 FR
25330).
Please refer to the notice published in
the Federal Register on March 11, 1996
(61 FR 9740), for more information
about the RSAC.
Issued in Washington, DC, on August 10,
2009.
Grady C. Cothen, Jr.,
Deputy Associate Administrator for Safety
Standards and Program Development.
[FR Doc. E9–19560 Filed 8–13–09; 8:45 am]
BILLING CODE 4910–06–P
DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection
Activities: Submission for OMB
Review; 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 take this opportunity 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 OMB control
number. The OCC is soliciting comment
concerning its information collection
titled, ‘‘Investment Securities (12 CFR
part 1).’’ The OCC also gives notice that
it has sent the information collection to
the Office of Management and Budget
(OMB) for review.
DATES: You should submit written
comments by September 14, 2009.
ADDRESSES: You should direct your
comments to:
Communications Division, Office of
the Comptroller of the Currency, Public
Information Room, Mailstop 2–3,
Attention: 1557–0205, 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
can inspect and photocopy the
comments at the OCC, 250 E Street,
SW., Washington, DC 20219. For
security reasons, the OCC requires that
visitors make an appointment to inspect
comments. You may do so by calling
PO 00000
Frm 00079
Fmt 4703
Sfmt 4703
(202) 874–4700. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
Additionally, you should send a copy
of your comments to OCC Desk Officer,
1557–0205, 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 H.
Gottlieb, OCC Clearance Officer, (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,
without change, of the following
information collection:
Title: Investment Securities (12 CFR
part 1).
OMB Number: 1557–0205.
Description: This submission covers
an existing regulation and involves no
change to the regulation or to the
information collection requirements.
The OCC requests only that OMB extend
its approval of the information
collection.
The information collection
requirements in 12 CFR part 1 are as
follows: Under 12 CFR 1.4(h)(2), a
national bank may request an OCC
determination that it may invest in an
entity that is exempt from registration
under section 3(c)(1) of the Investment
Company Act of 1940 if the portfolio of
the entity consists exclusively of assets
that a national bank may purchase and
sell for its own account. The OCC uses
the information contained in the request
as a basis for determining that the
bank’s investment is consistent with its
investment authority under applicable
law and does not pose unacceptable
risk.
Under 12 CFR 1.7(b), a national bank
may request OCC approval to extend the
five-year holding period of securities
held in satisfaction of debts previously
contracted (DPC) for up to an additional
five years. The bank must provide a
clearly convincing demonstration of
why any additional holding period is
needed. The OCC uses the information
in the request to ensure, on a case-bycase basis, that the bank’s purpose in
retaining the securities is not
speculative and that the bank’s reasons
for requesting the extension are
adequate, and to evaluate the risks to
the bank of extending the holding
period, including potential effects on
bank safety and soundness.
E:\FR\FM\14AUN1.SGM
14AUN1
Federal Register / Vol. 74, No. 156 / Friday, August 14, 2009 / Notices
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
25.
Estimated Total Annual Responses:
25.
Estimated Total Annual Burden: 460
hours.
Frequency of Response: On occasion.
The OCC issued a 60-day notice for
comment on May 8, 2009. 74 FR 21738.
No comments were received. Comments
continued 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: August 10, 2009.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division.
[FR Doc. E9–19469 Filed 8–13–09; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Proposed Information
Collection; Comment Request
concerning its information collection
titled, ‘‘Leasing.’’
DATES: Comments must be received by
October 13, 2009.
ADDRESSES: Communications Division,
Office of the Comptroller of the
Currency, Public Information Room,
Mailstop 2–3, Attention: 1557–0206,
250 E Street, SW., Washington, DC
20219. In addition, comments may be
sent by fax to (202) 874–5274, or by
electronic mail to
regs.comments@occ.treas.gov. You can
inspect and photocopy the comments at
the OCC, 250 E Street, SW., Washington,
DC 20219. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 874–4700.
Upon arrival, visitors will be required to
present valid government-issued photo
identification and to submit to security
screening in order to inspect and
photocopy comments.
Additionally, you should send a copy
of your comments to OCC Desk Officer,
1557–0206, 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 H.
Gottlieb, OCC Clearance Officer, (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: Leasing (12 CFR part 23).
OMB Number: 1557–0206.
Description: This submission covers
an existing regulation and involves no
change to the regulation or to the
information collection requirements.
The OCC requests only that OMB extend
the expiration date.
AGENCY: Office of the Comptroller of the
Currency, Treasury.
ACTION: Notice and request for comment.
Information Collection Requirements
Found in 12 CFR Part 23
The OCC, 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 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 OMB control
number. The OCC is soliciting comment
Under 12 CFR 23.4(c), national banks
must liquidate or re-lease personal
property that is no longer subject to
lease (off-lease property) within five
years from the date of the lease
expiration. If a bank wishes to extend
the five-year holding period for up to an
additional five years, it must obtain
OCC approval. Permitting a bank to
extend the holding period may result in
cost savings to national banks. It also
provides flexibility for a bank that
experiences unusual or unforeseen
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SUMMARY:
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12 CFR 23.4(c)
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41187
conditions which would make it
imprudent to dispose of the off-lease
property. Section 23.4(c) requires a bank
seeking an extension to provide a
clearly convincing demonstration as to
why an additional holding period is
necessary. In addition, a bank must
value off-lease property at the lower of
current fair market value or book value
promptly after the property comes offlease. These requirements enable the
OCC to ensure that a bank is not holding
the property for speculative reasons and
that the value of the property is
recorded in accordance with generally
accepted accounting principles (GAAP).
Section 23.5
Under 12 CFR 23.5, leases are subject
to the lending limits prescribed by 12
U.S.C. 84 or, if the lessee is an affiliate
of the bank, to the restrictions on
transactions with affiliates prescribed by
12 U.S.C. 371c and 371c-1. See 12 CFR
23.6. Twelve U.S.C. 24 contains two
separate provisions authorizing a
national bank to acquire personal
property for purposes of lease financing.
Twelve U.S.C. 24 (Seventh) authorizes
leases of personal property (section 24
(Seventh) Leases) if the lease serves as
the functional equivalent of a loan. See
12 CFR 23.20. A national bank may also
acquire personal property for purposes
of lease financing under the authority of
12 U.S.C. 24 (Tenth) (CEBA Leases).
Section 23.5 requires that if a bank
enters into both types of leases, its
records must distinguish between the
two types of leases. This information is
required to prove that the national bank
is complying with the limitations and
requirements applicable to the two
types of leases.
National banks use the information to
ensure their compliance with applicable
Federal banking law and regulations
and accounting principles. The OCC
uses the information in the conduct of
bank examinations and as an audit tool
to verify bank compliance with law and
regulations. In addition, the OCC uses
national bank requests for permission to
extend the holding period for off-lease
property to ensure national bank
compliance with relevant law and
regulations and to ensure bank safety
and soundness.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals;
Businesses or other for-profit.
Estimated Number of Respondents:
370.
Estimated Total Annual Responses:
370.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 685.
E:\FR\FM\14AUN1.SGM
14AUN1
]]>Agencies
[Federal Register Volume 74, Number 156 (Friday, August 14, 2009)]
[Notices]
[Pages 41186-41187]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-19469]
=======================================================================
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DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection Activities: Submission for OMB
Review; 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 take this opportunity 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 OMB control number. The OCC is soliciting comment
concerning its information collection titled, ``Investment Securities
(12 CFR part 1).'' The OCC also gives notice that it has sent the
information collection to the Office of Management and Budget (OMB) for
review.
DATES: You should submit written comments by September 14, 2009.
ADDRESSES: You should direct your comments to:
Communications Division, Office of the Comptroller of the Currency,
Public Information Room, Mailstop 2-3, Attention: 1557-0205, 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 can inspect and photocopy the comments
at the OCC, 250 E Street, SW., Washington, DC 20219. For security
reasons, the OCC requires that visitors make an appointment to inspect
comments. You may do so by calling (202) 874-4700. Upon arrival,
visitors will be required to present valid government-issued photo
identification and to submit to security screening in order to inspect
and photocopy comments.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0205, 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 H. Gottlieb, OCC Clearance
Officer, (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,
without change, of the following information collection:
Title: Investment Securities (12 CFR part 1).
OMB Number: 1557-0205.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB extend its approval of the
information collection.
The information collection requirements in 12 CFR part 1 are as
follows: Under 12 CFR 1.4(h)(2), a national bank may request an OCC
determination that it may invest in an entity that is exempt from
registration under section 3(c)(1) of the Investment Company Act of
1940 if the portfolio of the entity consists exclusively of assets that
a national bank may purchase and sell for its own account. The OCC uses
the information contained in the request as a basis for determining
that the bank's investment is consistent with its investment authority
under applicable law and does not pose unacceptable risk.
Under 12 CFR 1.7(b), a national bank may request OCC approval to
extend the five-year holding period of securities held in satisfaction
of debts previously contracted (DPC) for up to an additional five
years. The bank must provide a clearly convincing demonstration of why
any additional holding period is needed. The OCC uses the information
in the request to ensure, on a case-by-case basis, that the bank's
purpose in retaining the securities is not speculative and that the
bank's reasons for requesting the extension are adequate, and to
evaluate the risks to the bank of extending the holding period,
including potential effects on bank safety and soundness.
[[Page 41187]]
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 25.
Estimated Total Annual Responses: 25.
Estimated Total Annual Burden: 460 hours.
Frequency of Response: On occasion.
The OCC issued a 60-day notice for comment on May 8, 2009. 74 FR
21738. No comments were received. Comments continued 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: August 10, 2009.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. E9-19469 Filed 8-13-09; 8:45 am]
BILLING CODE 4810-33-P
