Proposed Collection; Comment Request, 25313-25314 [2010-10867]

Download as PDF Federal Register / Vol. 75, No. 88 / Friday, May 7, 2010 / Notices federal holidays. An electronic version of this document and all documents entered into this docket is available on the World Wide Web at http:// www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Joann Spittle, U.S. Department of Transportation, Maritime Administration, 1200 New Jersey Avenue, SE., Room W21–203, Washington, DC 20590. Telephone 202– 366–5979. SUPPLEMENTARY INFORMATION: As described by the applicant the intended service of the vessel GAME DAY is: Intended Commercial Use Of Vessel: ‘‘Part time day and weekend sport fishing trips carrying passengers only.’’ Geographic Region: ‘‘Florida.’’ Privacy Act Anyone is able to search the electronic form of all comments received into any of our dockets by the name of the individual submitting the comment (or signing the comment, if submitted on behalf of an association, business, labor union, etc.). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (Volume 65, Number 70; Pages 19477–78). Dated: April 22, 2010. By Order of the Maritime Administrator. Christine Gurland, Secretary, Maritime Administration. [FR Doc. 2010–10882 Filed 5–6–10; 8:45 am] BILLING CODE 4910–81–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35373] jlentini on DSKJ8SOYB1PROD with NOTICES Stillwater Central Railroad, Inc.— Trackage Rights Exemption—Wichita, Tillman and Jackson Railway Company, Inc., and Hollis & Eastern Railroad Company Pursuant to a written trackage rights agreement (Trackage Agreement) dated January 22, 1992, Wichita, Tillman & Jackson Railway Co. (WTJ) granted approximately 4.6 miles of restricted overhead trackage rights to Hollis & Eastern Railroad Company (H&E), extending between milepost 74.0 at Altus, Okla., and the end of the line at milepost 78.6 near Altus.1 Now, pursuant to the Trackage Agreement and 1 The line is owned by the State of Oklahoma and is leased, operated, and maintained by WTJ. H&E acquired the authority in Hollis & Eastern Railroad Company—Trackage Rights Exemption—Wichita, Tillman & Jackson Railway Co., Docket No. FD 32147 (ICC served Sept. 21, 1992). VerDate Mar<15>2010 19:19 May 06, 2010 Jkt 220001 a First Supplement,2 H&E has agreed to assign the restricted overhead trackage rights to Stillwater Central Railroad, Inc. (SLWC), over the same trackage, including the wye track connecting to SLWC and all interchange tracks connecting with BNSF Railway Company (BNSF) and Farmrail Corporation (FMRC). The assignment is being made pursuant to an Assignment Assumption Agreement and a Lease and Transportation Services Agreement between H&E and SLWC. The transaction is scheduled to be consummated on May 21, 2010, the effective date of the exemption (30 days after the exemption is filed). The purpose of the assigned trackage rights is to enable SLWC to interchange traffic originating or terminating on a line SLWC leases between Duke, Okla., and Altus with BNSF and FMRC. As a condition to this exemption, any employees affected by the trackage rights will be protected by the conditions imposed in Norfolk and Western Railway—Trackage Rights— Burlington Northern, Inc., 354 I.C.C. 605 (1978), as modified in Mendocino Coast Railway—Lease and Operate— California Western Railroad, 360 I.C.C. 653 (1980), and any employees affected by the discontinuance of those trackage rights will be protected by the conditions set out in Oregon Short Line Railroad and The Union Pacific Railroad—Abandonment Portion Goshen Branch Between Firth and Ammon, in Bingham and Bonneville Counties, Idaho, 360 I.C.C. 91 (1979). This notice is filed under 49 CFR 1180.2(d)(7). If the notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 USC 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 by May 14, 2010 (at least 7 days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to Docket No. FD 35373, must be filed with the Surface Transportation Board, 395 E Street, SW., Washington, DC 20423–0001. In addition, a copy of each pleading must be served on Karl Morell, Suite 225, 1455 F Street, NW., Washington, DC 20005. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: May 3, 2010. 2 The parties indicate that the first supplement is awaiting approval from the State. PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 25313 By the Board, Rachel D. Campbell, Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2010–10793 Filed 5–6–10; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Proposed Collection; Comment Request ACTION: Notice and request for comments. SUMMARY: The Department of the Treasury, 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. 3506(c)(2)(A) Currently, the Community Development Financial Institutions (CDFI) Fund, Department of the Treasury, is soliciting comments concerning the Community Development Financial Institutions Program Awardee/Allocatee Annual Report (OMB Number 1559–0027), comprised by the Institution Level Report and the Transaction Level Report. The two documents comprise certain reporting requirements for participants in the CDFI Program, the Native American CDFI Assistance (NACA) Program, and the New Markets Tax Credits (NMTC) Program. The Annual Report forms (and related documents, including the CDFI Program assistance agreement, the NACA Program assistance agreement, and the NMTC Program allocation agreement) may be found at the CDFI Fund’s Web site at www.cdfifund.gov. DATES: Written comments must be received on or before July 6, 2010 to be assured of consideration. ADDRESSES: All comments on the Annual CIIS Report must be submitted in writing and sent to Greg Bischak, Program Manager for Financial Strategies and Research, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, by e-mail to cdfihelp@cdfi.treas.gov, or by facsimile to (202) 622–7754. Please note this is not a toll free number. FOR FURTHER INFORMATION CONTACT: Greg Bischak, Program Manager for Financial Strategies and Research, Community Development Financial Institutions E:\FR\FM\07MYN1.SGM 07MYN1 jlentini on DSKJ8SOYB1PROD with NOTICES 25314 Federal Register / Vol. 75, No. 88 / Friday, May 7, 2010 / Notices Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, by e-mail to cdfihelp@cdfi.treas.gov, or by facsimile to (202) 622–7754. Please note this is not a toll free number. SUPPLEMENTARY INFORMATION: Title: CDFI Program and NMTC Program Annual Report including CIIS. OMB Number: 1559–0027. Abstract: The mission is to expand the capacity of financial institutions to provide credit, capital and financial services to underserved populations and communities in the United States. The CDFI Fund’s strategic goal is to improve the economic conditions of underserved communities by providing capital and technical assistance to CDFIs, capital to insured depository institutions, and NMTC allocations to Community Development Entities (CDEs), which provide credit, capital, financial services, and development services to these markets. The CDFI Fund certifies entities as CDFIs and/or CDEs. Annual Reporting Requirements: The Annual Report consists of quantitative information at the institution and transaction levels for CDFIs and CDEs and is used to assess: (1) The awardee’s/ allocatee’s activities as detailed in its application materials; (2) the awardee’s/ allocatee’s approved use of the assistance; (3) the awardee’s/allocatee’s financial condition; (4) the socioeconomic characteristics of awardee’s/ allocatee’s borrowers/investees, loan and investment terms, repayment status, and community development impacts; and (4) overall compliance with the terms and conditions of the assistance/ allocation agreement entered into by the CDFI Fund and the awardee/allocatee. A CDFI Program awardee or a NACA Program awardee must submit an Annual Report that comprises several sections, depending on the program and the type of award. The specific components that comprise an awardee’s Annual Report are set forth in the assistance agreement that the awardee enters into with the CDFI Fund in order to receive a CDFI Program or a NACA Program award. In summary: 1. A CDFI Program or NACA/NATA Program awardee that is a non-regulated entity and that receives Financial Assistance (FA) only must submit an Annual Report that comprises: (i) A Financial Report (Financial Statement) reviewed or audited by an independent certified public accountant; (ii) Single Audit A–133 (if applicable); (iii) an Institution Level Report (ILR) and a Transaction Level Report (TLR) (which include, among others, questions that measure the awardee’s achievement of VerDate Mar<15>2010 19:19 May 06, 2010 Jkt 220001 the Performance Goals and Measures set forth in its assistance agreement); (iv) a Uses of Financial Assistance and Matching Funds Report; and (v) an Explanation of Noncompliance (if applicable). 2. A CDFI Program or NACA Program awardee that is a regulated entity and that receives FA only must submit an Annual Report that comprises: (i) An ILR and a TLR; (ii) a Uses of Financial Assistance and Matching Funds Report; (iii) an Explanation of Noncompliance (if applicable); and (iv) a Single Audit A–133 (if applicable). 3. A CDFI Program or NACA Program awardee that receives an award from the CDFI Fund that is in the form of an equity investment must also submit a Shareholder Report. 4. A CDFI Program or NACA Program awardee that receives Technical Assistance (TA) must submit an Annual Report that comprises: (i) The documents set forth in either (1) or (2) above, as applicable, if the awardee also receives FA; (ii) Uses of Technical Assistance Report; and (iii) OMB form 269A (Financial Status Report), which can be found on the website at http:// www.cdfifund.gov. A NMTC Program allocatee must submit an Annual Report that comprises: (i) A financial statement that has been audited by an independent certified public accountant; (ii) an ILR (including the IRS Compliance Questions section), if the allocatee has issued any Qualified Equity Investments; and (iii) a TLR if the allocatee has issued any Qualified LowIncome Community Investments in the form of loans or investments. The components that comprise an allocatee’s Annual Report are set forth in the allocation agreement that the allocatee enters into with the CDFI Fund in order to receive a NMTC Program allocation. Current Action: Extension of a currently approved collection. Type of review: Regular review. Affected Public: Not-for-profit institutions, businesses or other forprofit institutions and tribal entities. Estimated Number of Annual Respondents: CDFI Annual ILR only: 75 CDFI Annual TLR and ILR: 159 NMTC Annual Report: 207 Burden per Report Type: CDFI Program TA awardees Estimated Time Burden: 22 hours CDFI Program FA ILR only awardees Estimated Time Burden: 32 hours CDFI Program FA TLR/ILR awardees Estimated Time Burden: 64 hours NMTC Program allocatees Estimated Time Burden: 65 hours PO 00000 Frm 00130 Fmt 4703 Sfmt 4703 Total Estimated Burden per Reporting Type: CDFI Program TA reports: 1,518 hours CDFI Program FA ILR only reports: 2,400 hours CDFI Program FA TLR/ILR reports: 10,176 hours NMTC Program CDE reports: 13,455 hours Estimated Total Annual Burden Hours = 27,549 hours 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 all aspects of the information collections, but commentators may wish to focus particular attention on: (a) The cost for CDFIs and CDEs to operate and maintain the services/systems required to provide the required information; (b) ways to enhance the quality, utility, and clarity of the information to be collected; (c) whether the collection of information is necessary for the proper evaluation of the effectiveness and impact of the CDFI Fund’s programs, including whether the information shall have practical utility; (d) the accuracy of the CDFI Fund’s estimate of the burden of the collection of information; (e) ways to minimize the burden of the collection of information including through the use of technology, such as software for internal accounting and geocoding to capture geographic detail while streamlining and aggregating TLR reporting for upload to CIIS, and; (f) what methods might be used to improve the data quality, internal accounting and efficiency of reporting transactions for serving other targeted populations. Authority: 12 U.S.C.4707 et seq.; 26 U.S.C. 45D; 12 CFR part 1805. Dated: May 3, 2010. Donna J. Gambrell, Director, Community Development Financial Institutions Fund. [FR Doc. 2010–10867 Filed 5–6–10; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF THE TREASURY Internal Revenue Service Community Volunteer Income Tax Assistance (VITA) Matching Grant Program—Availability of Application Packages; Correction AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Correction to a notice. E:\FR\FM\07MYN1.SGM 07MYN1

Agencies

[Federal Register Volume 75, Number 88 (Friday, May 7, 2010)]
[Notices]
[Pages 25313-25314]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-10867]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Proposed Collection; Comment Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, 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. 3506(c)(2)(A) Currently, the Community 
Development Financial Institutions (CDFI) Fund, Department of the 
Treasury, is soliciting comments concerning the Community Development 
Financial Institutions Program Awardee/Allocatee Annual Report (OMB 
Number 1559-0027), comprised by the Institution Level Report and the 
Transaction Level Report. The two documents comprise certain reporting 
requirements for participants in the CDFI Program, the Native American 
CDFI Assistance (NACA) Program, and the New Markets Tax Credits (NMTC) 
Program. The Annual Report forms (and related documents, including the 
CDFI Program assistance agreement, the NACA Program assistance 
agreement, and the NMTC Program allocation agreement) may be found at 
the CDFI Fund's Web site at www.cdfifund.gov.

DATES: Written comments must be received on or before July 6, 2010 to 
be assured of consideration.

ADDRESSES: All comments on the Annual CIIS Report must be submitted in 
writing and sent to Greg Bischak, Program Manager for Financial 
Strategies and Research, Community Development Financial Institutions 
Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 
South, Washington, DC 20005, by e-mail to cdfihelp@cdfi.treas.gov, or 
by facsimile to (202) 622-7754. Please note this is not a toll free 
number.

FOR FURTHER INFORMATION CONTACT: Greg Bischak, Program Manager for 
Financial Strategies and Research, Community Development Financial 
Institutions

[[Page 25314]]

Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 
South, Washington, DC 20005, by e-mail to cdfihelp@cdfi.treas.gov, or 
by facsimile to (202) 622-7754. Please note this is not a toll free 
number.

SUPPLEMENTARY INFORMATION:
    Title: CDFI Program and NMTC Program Annual Report including CIIS.
    OMB Number: 1559-0027.
    Abstract: The mission is to expand the capacity of financial 
institutions to provide credit, capital and financial services to 
underserved populations and communities in the United States. The CDFI 
Fund's strategic goal is to improve the economic conditions of 
underserved communities by providing capital and technical assistance 
to CDFIs, capital to insured depository institutions, and NMTC 
allocations to Community Development Entities (CDEs), which provide 
credit, capital, financial services, and development services to these 
markets. The CDFI Fund certifies entities as CDFIs and/or CDEs.
    Annual Reporting Requirements: The Annual Report consists of 
quantitative information at the institution and transaction levels for 
CDFIs and CDEs and is used to assess: (1) The awardee's/allocatee's 
activities as detailed in its application materials; (2) the awardee's/
allocatee's approved use of the assistance; (3) the awardee's/
allocatee's financial condition; (4) the socio-economic characteristics 
of awardee's/allocatee's borrowers/investees, loan and investment 
terms, repayment status, and community development impacts; and (4) 
overall compliance with the terms and conditions of the assistance/
allocation agreement entered into by the CDFI Fund and the awardee/
allocatee.
    A CDFI Program awardee or a NACA Program awardee must submit an 
Annual Report that comprises several sections, depending on the program 
and the type of award. The specific components that comprise an 
awardee's Annual Report are set forth in the assistance agreement that 
the awardee enters into with the CDFI Fund in order to receive a CDFI 
Program or a NACA Program award. In summary:
    1. A CDFI Program or NACA/NATA Program awardee that is a non-
regulated entity and that receives Financial Assistance (FA) only must 
submit an Annual Report that comprises: (i) A Financial Report 
(Financial Statement) reviewed or audited by an independent certified 
public accountant; (ii) Single Audit A-133 (if applicable); (iii) an 
Institution Level Report (ILR) and a Transaction Level Report (TLR) 
(which include, among others, questions that measure the awardee's 
achievement of the Performance Goals and Measures set forth in its 
assistance agreement); (iv) a Uses of Financial Assistance and Matching 
Funds Report; and (v) an Explanation of Noncompliance (if applicable).
    2. A CDFI Program or NACA Program awardee that is a regulated 
entity and that receives FA only must submit an Annual Report that 
comprises: (i) An ILR and a TLR; (ii) a Uses of Financial Assistance 
and Matching Funds Report; (iii) an Explanation of Noncompliance (if 
applicable); and (iv) a Single Audit A-133 (if applicable).
    3. A CDFI Program or NACA Program awardee that receives an award 
from the CDFI Fund that is in the form of an equity investment must 
also submit a Shareholder Report.
    4. A CDFI Program or NACA Program awardee that receives Technical 
Assistance (TA) must submit an Annual Report that comprises: (i) The 
documents set forth in either (1) or (2) above, as applicable, if the 
awardee also receives FA; (ii) Uses of Technical Assistance Report; and 
(iii) OMB form 269A (Financial Status Report), which can be found on 
the website at http://www.cdfifund.gov.
    A NMTC Program allocatee must submit an Annual Report that 
comprises: (i) A financial statement that has been audited by an 
independent certified public accountant; (ii) an ILR (including the IRS 
Compliance Questions section), if the allocatee has issued any 
Qualified Equity Investments; and (iii) a TLR if the allocatee has 
issued any Qualified Low-Income Community Investments in the form of 
loans or investments. The components that comprise an allocatee's 
Annual Report are set forth in the allocation agreement that the 
allocatee enters into with the CDFI Fund in order to receive a NMTC 
Program allocation.
    Current Action: Extension of a currently approved collection.
    Type of review: Regular review.
    Affected Public: Not-for-profit institutions, businesses or other 
for-profit institutions and tribal entities.
    Estimated Number of Annual Respondents:

CDFI Annual ILR only: 75
CDFI Annual TLR and ILR: 159
NMTC Annual Report: 207

    Burden per Report Type:

CDFI Program TA awardees Estimated Time Burden: 22 hours
CDFI Program FA ILR only awardees Estimated Time Burden: 32 hours
CDFI Program FA TLR/ILR awardees Estimated Time Burden: 64 hours
NMTC Program allocatees Estimated Time Burden: 65 hours

    Total Estimated Burden per Reporting Type:

CDFI Program TA reports: 1,518 hours
CDFI Program FA ILR only reports: 2,400 hours
CDFI Program FA TLR/ILR reports: 10,176 hours
NMTC Program CDE reports: 13,455 hours

    Estimated Total Annual Burden Hours = 27,549 hours

    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 
all aspects of the information collections, but commentators may wish 
to focus particular attention on: (a) The cost for CDFIs and CDEs to 
operate and maintain the services/systems required to provide the 
required information; (b) ways to enhance the quality, utility, and 
clarity of the information to be collected; (c) whether the collection 
of information is necessary for the proper evaluation of the 
effectiveness and impact of the CDFI Fund's programs, including whether 
the information shall have practical utility; (d) the accuracy of the 
CDFI Fund's estimate of the burden of the collection of information; 
(e) ways to minimize the burden of the collection of information 
including through the use of technology, such as software for internal 
accounting and geocoding to capture geographic detail while 
streamlining and aggregating TLR reporting for upload to CIIS, and; (f) 
what methods might be used to improve the data quality, internal 
accounting and efficiency of reporting transactions for serving other 
targeted populations.

    Authority:  12 U.S.C.4707 et seq.; 26 U.S.C. 45D; 12 CFR part 
1805.

    Dated: May 3, 2010.
Donna J. Gambrell,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2010-10867 Filed 5-6-10; 8:45 am]
BILLING CODE 4810-70-P