Proposed Collection; Comment Request; Currency Transaction Report, 50999-51000 [E9-23750]

Download as PDF Federal Register / Vol. 74, No. 190 / Friday, October 2, 2009 / Notices Railroad, Inc. In that proceeding, Watco seeks to continue in control of BVR, upon BVR’s becoming a Class III rail carrier. The transaction is scheduled to be consummated on or after October 16, 2009, (the effective date of the exemption). BVR certifies that its projected annual revenues as a result of this transaction will not result in BVR becoming a Class II or Class I rail carrier and further certifies that its projected annual revenue will not exceed $5 million. Pursuant to the Consolidated Appropriations Act, 2008, Public Law 110–161, § 193, 121 Stat. 1844 (2007), nothing in this decision authorizes the following activities at any solid waste rail transfer facility: collecting, storing or transferring solid waste outside of its original shipping container; or separating or processing solid waste (including baling, crushing, compacting and shredding). The term ‘‘solid waste’’ is defined in section 1004 of the Solid Waste Disposal Act, 42 U.S.C. 6903. If the verified notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Petitions to stay must be filed no later than October 9, 2009 (at least 7 days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to STB Finance Docket No. 35259 must be filed with the Surface Transportation Board, 395 E Street, SW., Washington, DC 20423– 0001. In addition, a copy must be served on Karl Morell, Of Counsel, Ball Janik LLP, Suite 225, 1455 F Street, NW., Washington, DC 20005. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. pwalker on DSK8KYBLC1PROD with NOTICES Decided: September 28, 2009. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Kulunie L. Cannon, Clearance Clerk. [FR Doc. E9–23758 Filed 10–1–09; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 35260] Watco Companies, Inc.—Continuance in Control Exemption—Boise Valley Railroad, Inc. Watco Companies, Inc. (Watco), a noncarrier, has filed a verified notice of exemption under 49 CFR 1180.2(d)(2) to continue in control of Boise Valley Railroad, Inc. (BVR), upon BVR’s becoming a Class III rail carrier.1 This transaction is related to a concurrently filed verified notice of exemption in STB Finance Docket No. 35259, Boise Valley Railroad, Inc.¥Assignment of Lease Exemption– Union Pacific Railroad Company and Idaho Northern & Pacific Railroad Company. In that proceeding, BVR seeks an exemption under 49 CFR 1150.31 to acquire by assignment of lease from Idaho Northern & Pacific Railroad Company (INPR) the operating and lease rights over approximately 35.99 miles (not including yard track) of rail line owned by Union Pacific Railroad Company (UP). BVR will also acquire from INPR approximately 12.11 miles of incidental trackage rights over two segments of UP’s lines in order to interchange traffic with UP at Nampa, ID, and to access one of the leased lines. The parties intend to consummate the transaction on or shortly after October 16, 2009 (the effective date of this notice). Watco currently controls 21 Class III rail carriers: South Kansas and Oklahoma Railroad Company, Palouse River & Coulee City Railroad, Inc., Timber Rock Railroad, Inc., Stillwater Central Railroad, Inc., Eastern Idaho Railroad, Inc., Kansas & Oklahoma Railroad, Inc., Pennsylvania Southwestern Railroad, Inc., Great Northwest Railroad, Inc., Kaw River Railroad, Inc., Mission Mountain Railroad, Inc., Mississippi Southern Railroad, Inc., Yellowstone Valley Railroad, Inc., Louisiana Southern Railroad, Inc., Arkansas Southern Railroad, Inc., Alabama Southern Railroad, Inc., and Vicksburg Southern Railroad, Inc., Austin Western Railroad, Inc., Baton Rouge Southern Railroad, LLC, Pacific Sun Railroad L.L.C., Grand Elk Railroad, and Alabama Warrior Railway, L.L.C. Watco represents that: (1) The rail lines to be operated by BVR do not connect with any other railroads in the Watco corporate family; (2) the 1 Watco owns 100% of the issued and outstanding stock of BVR. VerDate Nov<24>2008 16:40 Oct 01, 2009 Jkt 220001 PO 00000 Frm 00054 Fmt 4703 Sfmt 4703 50999 transaction is not part of a series of anticipated transactions that would connect these rail lines with any other railroad in the Watco corporate family; and (3) the transaction does not involve a Class I rail carrier. Therefore, the transaction is exempt from the prior approval requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2). Under 49 U.S.C. 10502(g), the Board may not use its exemption authority to relieve a rail carrier of its statutory obligation to protect the interests of its employees. Section 11326(c), however, does not provide for labor protection for transactions under sections 11324 and 11325 that involve only Class III rail carriers. Accordingly, the Board may not impose labor protective conditions here because all of the carriers involved are Class III carriers. If the verified notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Stay petitions must be filed no later than October 9, 2009 (at least 7 days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to STB Finance Docket No. 35260, must be filed with the Surface Transportation Board, 395 E Street, SW., Washington, DC 20423– 0001. In addition, one copy of each pleading must be served on Karl Morell, Of Counsel, Ball Janik, LLP, Suite 225, 1455 F Street, NW., Washington, DC 20005. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. Decided: September 28, 2009. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. E9–23756 Filed 10–1–09; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network Proposed Collection; Comment Request; Currency Transaction Report AGENCY: Financial Crimes Enforcement Network, Treasury. ACTION: Notice and request for comments. SUMMARY: As part of its continuing effort to reduce paperwork and respondent burden, the Financial Crimes E:\FR\FM\02OCN1.SGM 02OCN1 pwalker on DSK8KYBLC1PROD with NOTICES 51000 Federal Register / Vol. 74, No. 190 / Friday, October 2, 2009 / Notices Enforcement Network (FinCEN) invites comment on the proposed renewal without change of the Currency Transaction Report (CTR), FinCEN Form 104. This request for comment is being made pursuant to the Paperwork Reduction Act of 1995, Public Law 104– 13, 44 U.S.C. 3506(c)(2)(A). DATES: Written comments are welcome and must be received on or before December 1, 2009. ADDRESSES: Written comments should be submitted to: Regulatory Policy and Programs Division, Financial Crimes Enforcement Network, Department of the Treasury, P.O. Box 39, Vienna, Virginia 22183, Attention: PRA Comments—CTR–Currency Transaction Report, FinCEN Form 104. Comments also may be submitted by electronic mail to the following Internet address: regcomments@fincen.gov, again with a caption, in the body of the text, ‘‘Attention: PRA Comments—CTR– Currency Transaction Report, FinCEN Form 104.’’ Inspection of comments. Comments received may be inspected, between 10 a.m. and 4 p.m., in the FinCEN reading room in Vienna, VA. Persons wishing to inspect the comments submitted must request an appointment with the Disclosure Officer by telephoning (703) 905–5034 (not a toll free call). FOR FURTHER INFORMATION CONTACT: The FinCEN Regulatory Helpline at (800) 949–2732, select option 3. SUPPLEMENTARY INFORMATION: Title: Currency Transaction Report (CTR), 31 CFR 103.22(b). OMB Number: 1506–0004. Form Number: FinCEN Form 104. Abstract: The statute generally referred to as the ‘‘Bank Secrecy Act,’’ Titles I and II of Public Law 91–508, as amended, codified at 12 U.S.C. 1829b, 12 U.S.C. 1951–1959, and 31 U.S.C. 5311–5332, authorizes the Secretary of the Treasury (Secretary), inter alia, to require financial institutions to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory investigations or proceedings, or in the conduct of intelligence or counter-intelligence activities, to protect against international terrorism, and to implement counter-money laundering programs and compliance procedures.1 Regulations implementing Title II of the Bank Secrecy Act appear at 31 CFR Part 1 Language expanding the scope of the Bank Secrecy Act to intelligence or counter-intelligence activities to protect against international terrorism was added by Section 358 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001, Public Law 107–56. VerDate Nov<24>2008 16:40 Oct 01, 2009 Jkt 220001 103. The authority of the Secretary to administer the Bank Secrecy Act has been delegated to the Director of FinCEN. Section 5313(a) of the Bank Secrecy Act authorizes the Secretary to issue regulations that require a report when ‘‘a domestic financial institution is involved in a transaction for the payment, receipt, or transfer of United States coins or currency (or other monetary instruments the Secretary prescribes), in an amount, denomination, or amount and denomination, or under circumstances the Secretary prescribes.’’ Regulations implementing section 5313(a) are found at 31 CFR 103.22. In general, the regulations require the reporting of transactions in currency to, by, or through a financial institution in excess of $10,000 by or on behalf of any one person in any one-business day. Financial institutions, as defined in 31 U.S.C. 5312(a)(2) and 31 CFR 103.11, are subject to the currency transaction reporting requirement. The Currency Transaction Report, FinCEN Form 104, is the form that financial institutions use to comply with the currency transaction reporting requirements. Current action: This is a renewal without change of a currently approved collection. A copy of the Currency Transaction Report, FinCEN Form 104, may be obtained from the FinCEN Web site at https://www.fincen.gov/forms/ fin104_ctr.pdf, or by calling (800) 949– 2732 and selecting option 5. Type of Review: Renewal of a currently approved information collection. Affected Public: Business or other forprofit and non-profit institutions. Frequency: As required. Estimated Burden: Reporting average of 20 minutes per response. Form recordkeeping average of ten (10) minutes per response, for a total of 30 minutes. Estimated number of respondents = 54,000. Estimated Total Annual Responses = 13,710,000. Estimated Total Annual Burden Hours: 6,855,000. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Records required to be retained pursuant to the Bank Secrecy Act must be retained for five years. Request for Comments Comments submitted in response to this notice will be summarized and/or included in the request for OMB PO 00000 Frm 00055 Fmt 4703 Sfmt 4703 approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have 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 of information 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 information. Dated: September 28, 2009. James H. Freis, Jr., Director, Financial Crimes Enforcement Network. [FR Doc. E9–23750 Filed 10–1–09; 8:45 am] BILLING CODE 4810–02–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0227] Agency Information Collection (Nutrition and Food Services) Activities Under OMB Review AGENCY: Veterans Health Administration, Department of Veterans Affairs. ACTION: Notice. SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501–3521), this notice announces that the Veterans Health Administration (VHA), Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden and includes the actual data collection instrument. DATES: Comments must be submitted on or before November 2, 2009. ADDRESSES: Submit written comments on the collection of information through https://www.Regulations.gov; or to VA’s OMB Desk Officer, OMB Human Resources and Housing Branch, New Executive Office Building, Room 10235, Washington, DC 20503 (202) 395–7316. Please refer to ‘‘OMB Control No. 2900– 0227’’ in any correspondence. FOR FURTHER INFORMATION CONTACT: Denise McLamb, Enterprise Records E:\FR\FM\02OCN1.SGM 02OCN1

Agencies

[Federal Register Volume 74, Number 190 (Friday, October 2, 2009)]
[Notices]
[Pages 50999-51000]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-23750]


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

DEPARTMENT OF THE TREASURY

Financial Crimes Enforcement Network


Proposed Collection; Comment Request; Currency Transaction Report

AGENCY: Financial Crimes Enforcement Network, Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: As part of its continuing effort to reduce paperwork and 
respondent burden, the Financial Crimes

[[Page 51000]]

Enforcement Network (FinCEN) invites comment on the proposed renewal 
without change of the Currency Transaction Report (CTR), FinCEN Form 
104. This request for comment is being made pursuant to the Paperwork 
Reduction Act of 1995, Public Law 104-13, 44 U.S.C. 3506(c)(2)(A).

DATES: Written comments are welcome and must be received on or before 
December 1, 2009.

ADDRESSES: Written comments should be submitted to: Regulatory Policy 
and Programs Division, Financial Crimes Enforcement Network, Department 
of the Treasury, P.O. Box 39, Vienna, Virginia 22183, Attention: PRA 
Comments--CTR-Currency Transaction Report, FinCEN Form 104. Comments 
also may be submitted by electronic mail to the following Internet 
address: regcomments@fincen.gov, again with a caption, in the body of 
the text, ``Attention: PRA Comments--CTR-Currency Transaction Report, 
FinCEN Form 104.''
    Inspection of comments. Comments received may be inspected, between 
10 a.m. and 4 p.m., in the FinCEN reading room in Vienna, VA. Persons 
wishing to inspect the comments submitted must request an appointment 
with the Disclosure Officer by telephoning (703) 905-5034 (not a toll 
free call).

FOR FURTHER INFORMATION CONTACT: The FinCEN Regulatory Helpline at 
(800) 949-2732, select option 3.

SUPPLEMENTARY INFORMATION:
    Title: Currency Transaction Report (CTR), 31 CFR 103.22(b).
    OMB Number: 1506-0004.
    Form Number: FinCEN Form 104.
    Abstract: The statute generally referred to as the ``Bank Secrecy 
Act,'' Titles I and II of Public Law 91-508, as amended, codified at 12 
U.S.C. 1829b, 12 U.S.C. 1951-1959, and 31 U.S.C. 5311-5332, authorizes 
the Secretary of the Treasury (Secretary), inter alia, to require 
financial institutions to keep records and file reports that are 
determined to have a high degree of usefulness in criminal, tax, and 
regulatory investigations or proceedings, or in the conduct of 
intelligence or counter-intelligence activities, to protect against 
international terrorism, and to implement counter-money laundering 
programs and compliance procedures.\1\ Regulations implementing Title 
II of the Bank Secrecy Act appear at 31 CFR Part 103. The authority of 
the Secretary to administer the Bank Secrecy Act has been delegated to 
the Director of FinCEN.
---------------------------------------------------------------------------

    \1\ Language expanding the scope of the Bank Secrecy Act to 
intelligence or counter-intelligence activities to protect against 
international terrorism was added by Section 358 of the Uniting and 
Strengthening America by Providing Appropriate Tools Required to 
Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001, Public 
Law 107-56.
---------------------------------------------------------------------------

    Section 5313(a) of the Bank Secrecy Act authorizes the Secretary to 
issue regulations that require a report when ``a domestic financial 
institution is involved in a transaction for the payment, receipt, or 
transfer of United States coins or currency (or other monetary 
instruments the Secretary prescribes), in an amount, denomination, or 
amount and denomination, or under circumstances the Secretary 
prescribes.'' Regulations implementing section 5313(a) are found at 31 
CFR 103.22. In general, the regulations require the reporting of 
transactions in currency to, by, or through a financial institution in 
excess of $10,000 by or on behalf of any one person in any one-business 
day. Financial institutions, as defined in 31 U.S.C. 5312(a)(2) and 31 
CFR 103.11, are subject to the currency transaction reporting 
requirement. The Currency Transaction Report, FinCEN Form 104, is the 
form that financial institutions use to comply with the currency 
transaction reporting requirements.
    Current action: This is a renewal without change of a currently 
approved collection. A copy of the Currency Transaction Report, FinCEN 
Form 104, may be obtained from the FinCEN Web site at https://www.fincen.gov/forms/fin104_ctr.pdf, or by calling (800) 949-2732 and 
selecting option 5.
    Type of Review: Renewal of a currently approved information 
collection.
    Affected Public: Business or other for-profit and non-profit 
institutions.
    Frequency: As required.
    Estimated Burden: Reporting average of 20 minutes per response. 
Form recordkeeping average of ten (10) minutes per response, for a 
total of 30 minutes.
    Estimated number of respondents = 54,000.
    Estimated Total Annual Responses = 13,710,000.
    Estimated Total Annual Burden Hours: 6,855,000.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Records required to be 
retained pursuant to the Bank Secrecy Act must be retained for five 
years.

Request for Comments

    Comments submitted in response to this notice will be summarized 
and/or included in the request for OMB approval. All comments will 
become a matter of public record. Comments are invited on: (a) Whether 
the collection of information is necessary for the proper performance 
of the functions of the agency, including whether the information shall 
have 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 of information 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 information.

    Dated: September 28, 2009.
James H. Freis, Jr.,
Director, Financial Crimes Enforcement Network.
[FR Doc. E9-23750 Filed 10-1-09; 8:45 am]
BILLING CODE 4810-02-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.