Agency Information Collection Activities: Submission for OMB Review; Comment Request, 38175-38176 [2010-15890]
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Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices
approximately 2300 vehicles modified
nationwide per year,
2. Annotation of each vehicle
modification invoice as to which
exemptions were used will take an
average of 20 minutes, and
3. It is normal in the course of vehicle
modification business to prepare an
invoice, to provide a copy of the invoice
to the vehicle owner, and to keep a copy
of the invoice for five years after the
vehicle is delivered to the owner in
finished form.
Affected Public: Business or other for
profit.
Estimated Annual Burden: 770 hours,
and $10.80.
Estimated Number of Respondents:
400.
Comments are invited on: Whether
the proposed collection of information
is necessary for the proper performance
of the functions of the Department,
including whether the information will
have practical utility; the accuracy of
the Department’s estimate of the burden
of the proposed information collection;
ways to enhance the quality, utility and
clarity of the information to be
collected; and ways to minimize the
burden of the collection of information
on respondents, including the use of
automated collection techniques or
other forms of information technology.
Issued on: June 25, 2010.
Nathaniel M. Beuse,
Office of Crash Avoidance Standards,
Director.
[FR Doc. 2010–16036 Filed 6–30–10; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
jlentini on DSKJ8SOYB1PROD with NOTICES
AGENCY: Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
SUMMARY: The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to comment on a continuing
information collection, as required by
the Paperwork Reduction Act of 1995.
An agency may not conduct or sponsor,
and a respondent is not required to
respond to, an information collection
unless it displays a currently valid
Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning an
VerDate Mar<15>2010
16:02 Jun 30, 2010
Jkt 220001
extension of OMB approval of the
information collection titled, ‘‘Real
Estate Lending and Appraisals (12 CFR
34).’’ The OCC is also giving notice that
it has submitted the collection to OMB
for review.
DATES: Comments must be submitted on
or before August 2, 2010.
ADDRESSES: Communications Division,
Office of the Comptroller of the
Currency, Mailstop 2–3, Attention:
1557–0190, 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 may
personally inspect and photocopy
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, please send a copy of
your comments to OCC Desk Officer,
1557–0190, 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
may request additional information or a
copy of the collection and supporting
documentation submitted to OMB by
contacting: Mary H. Gottlieb, (202) 874–
5090, Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, 250 E
Street, SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION:
Title: Real Estate Lending and
Appraisals (12 CFR 34).
OMB Control No.: 1557–0190.
Type of Review: Extension, without
revision, of a currently approved
collection.
Description: Twelve CFR Part 34
contains a number of reporting and
recordkeeping requirements. Subpart B
(Adjustable-Rate Mortgages (ARM)) and
Subpart E (Other Real Estate Owned)
contain reporting requirements. Subpart
C (Appraisal Requirements) and Subpart
D (Real Estate Lending Standards)
contain recordkeeping requirements.
Subpart B, § 34.22(a) requires that for
ARM loans, the loan documentation
must specify an index or combination of
indices to which changes in the interest
rate will be linked. Section 34.22(b)
provides notice procedures to be used
when a national bank seeks to use an
index other than the one described in
paragraph (a).
PO 00000
Frm 00104
Fmt 4703
Sfmt 4703
38175
Subpart C, § 34.44 provides minimum
standards for the performance of real
estate appraisals, including the
requirement that appraisals be written
and contain sufficient information and
analysis to support the institution’s
decision to engage in the transaction.
Subpart D, § 34.62(a) requires each
national bank to adopt and maintain
written policies that establish
appropriate limits and standards for
extensions of credit that are secured by
liens on or interests in real estate, or
that are made for the purpose of
financing permanent improvements to
real estate. Section 34.62(b)(iii) requires
real estate lending policies to be
reviewed and approved by the bank’s
board of directors at least annually.
Subpart E, § 34.83(b) provides that
national banks must maintain
documentation adequate to reflect their
efforts to dispose of each parcel of
OREO. Section 34.84 requires that after
holding any real estate acquired for
future bank expansion for one year, a
national bank must state, by resolution
or other official action, definite plans for
the use of the property and make the
resolution or other action available for
inspection by bank examiners. Section
34.85(a)(2) requires banks to develop a
prudent real estate collateral evaluation
policy to monitor the value of each
parcel of OREO in a manner consistent
with prudent banking practice. Section
34.86(b) requires banks to notify the
appropriate supervisory office at least
30 days before making advances under
a development or improvement plan for
OREO if the total investment in the
property will exceed 10 percent of the
bank’s capital and surplus.
Affected Public: Businesses or other
for-profit.
Burden Estimates:
Estimated Number of Respondents:
1,650.
Estimated Number of Responses:
1,650.
Estimated Annual Burden: 94,095
hours.
Frequency of Response: On occasion.
Comments: The OCC issued a 60-Day
Federal Register notice on April 21,
2010. 75 FR 20883. No comments were
received. Comments continue to be
invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the information collection
burden;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
E:\FR\FM\01JYN1.SGM
01JYN1
38176
Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices
(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 start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: June 24, 2010.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division, Office of the Comptroller
of the Currency.
[FR Doc. 2010–15890 Filed 6–30–10; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8874–B
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
jlentini on DSKJ8SOYB1PROD with NOTICES
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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Form
8874–B, Notice of Recapture Event for
New Markets Credit.
DATES: Written comments should be
received on or before August 30, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald J. Shields, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to R. Joseph Durbala
at Internal Revenue Service, Room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
3634, or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Notice of Recapture Event for
New Markets Credit Credit.
OMB Number: 1545–2066.
Form Number: 8874–B.
Abstract: New modernized e-file
return for partnerships. Internal
Revenue Code Sections 6109 and 6103.
VerDate Mar<15>2010
16:02 Jun 30, 2010
Jkt 220001
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individual or
households, Business or other for-profit.
Estimated Number of Respondents:
500.
Estimated Time per Respondent: 5
hours; 31 minutes.
Estimated Total Annual Burden
Hours: 2,755.
The following paragraph applies to all
of the collections of information covered
by this notice:
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.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
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.
Approved: June 23, 2010.
Gerald J. Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–15958 Filed 6–30–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8916–A
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Form
8916–A, Reconciliation of Cost of Goods
Sold Reported on Schedule M–3.
DATES: Written comments should be
received on or before August 30, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald J. Shields, Internal Revenue
Service, Room 6129, 1111 Constitution
Ave., NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to R. Joseph Durbala,
at (202) 622–3634, or at Internal
Revenue Service, Room 6129, 1111
Constitution Ave., NW., Washington,
DC 20224, or through the Internet, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Reconciliation of Cost of Goods
Sold Reported on Schedule M–3.
OMB Number: 1545–2061.
Form Number: Form 8916–A.
Abstract: Form 8916–A is a detailed
schedule that reconciles the amount of
the cost of goods sold reported on
Schedule M–3 for the Form 1120, Form
1065, or Form 1120–S.
Current Actions: There are no changes
being made to Form 8916–A, at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
156,000.
Estimated Time per Respondent: 32
hours, 22 minutes.
Estimated Total Annual Burden
Hours: 5,049,720.
The following paragraph applies to all
of the collections of information covered
by this notice:
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.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
E:\FR\FM\01JYN1.SGM
01JYN1
]]>Agencies
[Federal Register Volume 75, Number 126 (Thursday, July 1, 2010)]
[Notices]
[Pages 38175-38176]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-15890]
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DEPARTMENT OF THE TREASURY
Office of the 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 comment on a continuing information collection, as required
by the Paperwork Reduction Act of 1995. An agency may not conduct or
sponsor, and a respondent is not required to respond to, an information
collection unless it displays a currently valid Office of Management
and Budget (OMB) control number. The OCC is soliciting comment
concerning an extension of OMB approval of the information collection
titled, ``Real Estate Lending and Appraisals (12 CFR 34).'' The OCC is
also giving notice that it has submitted the collection to OMB for
review.
DATES: Comments must be submitted on or before August 2, 2010.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Mailstop 2-3, Attention: 1557-0190, 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 may
personally inspect and photocopy 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, please send a copy of your comments to OCC Desk
Officer, 1557-0190, 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 may request additional information
or a copy of the collection and supporting documentation submitted to
OMB by contacting: Mary H. Gottlieb, (202) 874-5090, Legislative and
Regulatory Activities Division, Office of the Comptroller of the
Currency, 250 E Street, SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION:
Title: Real Estate Lending and Appraisals (12 CFR 34).
OMB Control No.: 1557-0190.
Type of Review: Extension, without revision, of a currently
approved collection.
Description: Twelve CFR Part 34 contains a number of reporting and
recordkeeping requirements. Subpart B (Adjustable-Rate Mortgages (ARM))
and Subpart E (Other Real Estate Owned) contain reporting requirements.
Subpart C (Appraisal Requirements) and Subpart D (Real Estate Lending
Standards) contain recordkeeping requirements.
Subpart B, Sec. 34.22(a) requires that for ARM loans, the loan
documentation must specify an index or combination of indices to which
changes in the interest rate will be linked. Section 34.22(b) provides
notice procedures to be used when a national bank seeks to use an index
other than the one described in paragraph (a).
Subpart C, Sec. 34.44 provides minimum standards for the
performance of real estate appraisals, including the requirement that
appraisals be written and contain sufficient information and analysis
to support the institution's decision to engage in the transaction.
Subpart D, Sec. 34.62(a) requires each national bank to adopt and
maintain written policies that establish appropriate limits and
standards for extensions of credit that are secured by liens on or
interests in real estate, or that are made for the purpose of financing
permanent improvements to real estate. Section 34.62(b)(iii) requires
real estate lending policies to be reviewed and approved by the bank's
board of directors at least annually.
Subpart E, Sec. 34.83(b) provides that national banks must
maintain documentation adequate to reflect their efforts to dispose of
each parcel of OREO. Section 34.84 requires that after holding any real
estate acquired for future bank expansion for one year, a national bank
must state, by resolution or other official action, definite plans for
the use of the property and make the resolution or other action
available for inspection by bank examiners. Section 34.85(a)(2)
requires banks to develop a prudent real estate collateral evaluation
policy to monitor the value of each parcel of OREO in a manner
consistent with prudent banking practice. Section 34.86(b) requires
banks to notify the appropriate supervisory office at least 30 days
before making advances under a development or improvement plan for OREO
if the total investment in the property will exceed 10 percent of the
bank's capital and surplus.
Affected Public: Businesses or other for-profit.
Burden Estimates:
Estimated Number of Respondents: 1,650.
Estimated Number of Responses: 1,650.
Estimated Annual Burden: 94,095 hours.
Frequency of Response: On occasion.
Comments: The OCC issued a 60-Day Federal Register notice on April
21, 2010. 75 FR 20883. No comments were received. Comments continue to
be invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the information
collection burden;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
[[Page 38176]]
(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 start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: June 24, 2010.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
[FR Doc. 2010-15890 Filed 6-30-10; 8:45 am]
BILLING CODE 4810-33-P
