Office of Financial Stability; Proposed Collection; Comment Request, 41572-41573 [2010-17399]

Download as PDF srobinson on DSKHWCL6B1PROD with NOTICES 41572 Federal Register / Vol. 75, No. 136 / Friday, July 16, 2010 / Notices of space. Based on projected imports of 8,200 nonconforming vehicles per year, 68.3 cubic feet of space will be needed on an industry-wide basis to store one year’s worth of conformity packages. Assuming an annual cost of $20 per cubic foot to store the information, NHTSA estimates the aggregate cost to industry for storing a year’s worth of conformity packages to be $1,366 per year. Over a ten-year retention period, a member of the industry would be required to retain 55 annual units of records (assuming that one annual unit was stored in the first year, two annual units in the second year, and so on). The aggregate cost to industry of the ten-year record retention requirement will therefore be $75,130 (55 × $1,366). RIs are also required under 49 CFR 592.6(b) to retain a copy of the HS–7 Declaration Form furnished to Customs at the time of entry for each nonconforming vehicle for which they submit a conformity package to NHTSA. Paper HS–7 Declaration Forms are only filed for a small fraction of the nonconforming vehicles imported into the United States. Customs brokers file entries for most nonconforming vehicles electronically by using the Automated Broker Interface (ABI) system. For example, in Calendar year 2006, 10,953 ABI entries were made for nonconforming vehicles imported into the United States under Box 3, and only 440 paper HS–7 Declaration Forms (representing less than four percent of the total) were filed for such vehicles. Because HS–7 Declaration Forms are filed for only a small fraction of the nonconforming vehicles that are imported by RIs, the storage requirement for those records can have no more than a negligible cost impact on the industry. Because the remaining records that RIs are required to retain under 49 CFR 592.6(b) may be stored electronically, the costs incident to the storage of those records should also be negligible. RIs who conduct recall campaigns to remedy a safety-related defect or a noncompliance with an FMVSS determined to exist in a vehicle they import must report the progress of those campaigns to NHTSA. The agency estimates that it should take each RI that is required to conduct a safety recall campaign approximately one hour to compile information for and prepare each of the two reports it would be required to submit to the agency detailing the progress of the recall campaign. Since vehicle manufacturers in most cases include vehicles imported by RIs in their own recall campaigns, it is likely that very few of these reports VerDate Mar<15>2010 18:00 Jul 15, 2010 Jkt 220001 would have to be prepared or submitted by RIs. Description of the Need for the Information and Proposed Use of the Information—The information collection detailed above is necessary to ensure that motor vehicles and items of motor vehicle equipment subject to the Federal motor vehicle safety, bumper and theft prevention standards are lawfully imported into the United States. To be lawfully imported, the vehicle or equipment item must be covered by one of the boxes on the HS– 7 Declaration form and the importer must declare, subject to penalty for making false statements, that the vehicle or equipment item is entitled to entry under the conditions specified on the form, including the provision of any supporting information or materials that may be required. NHTSA relies on the information provided by RIs and applicants for RI status to obtain and renew their registrations so that it can better ensure that RIs are meeting their obligations under the statutes and regulations governing the importation of nonconforming vehicles and can make more informed decisions in conferring RI status on applicants and in permitting RI status to be retained by those currently holding registrations. In this manner, those lacking the capability to responsibly provide RI services, or who have committed or are associated with those who have committed past violations of the vehicle importation laws, can be more readily denied registration as an RI, or if they already hold such a registration, have that registration suspended or revoked when circumstances warrant such action. Description of the Likely Respondents (Including Estimated Number and Proposed Frequency of Responses to the Collection of Information)—With regard to the HS–7 Declaration form, likely respondents include any private individual or commercial entity importing into the United States a vehicle or item of motor vehicle equipment subject to the Federal motor vehicle safety standards. It is difficult to estimate, with reliability, the absolute number of such respondents; however, that number would include: • The 70 RIs who are currently registered with NHTSA and import nonconforming vehicles under Boxes 3 and 13; • The roughly 1,650 individuals who import each year Canadian-certified vehicles for personal use under Box 2B; • The several hundred original manufacturers who import conforming motor vehicles and equipment items under Box 2a; nonconforming vehicles PO 00000 Frm 00143 Fmt 4703 Sfmt 4703 or equipment intended for export under Box 4; nonconforming vehicles and equipment on a temporary basis for purposes of research, investigations, or other reasons specified under Box 7; vehicles and equipment requiring further manufacturing operations under Box 9; and equipment subject to the Theft Prevention Standard under Box 11. • The several hundred dealers, distributors, and individuals who import off-road vehicles such as dirt bikes and all-terrain vehicles or ATVs, as well as other vehicles that are not primarily manufactured for on-road use under Box 8. • The several hundred nonresidents of the United States and foreign diplomatic and military personnel who temporarily import nonconforming vehicles for personal use under Boxes 5, 6, and 12. Estimate of the Total Annual Reporting and Recordkeeping Burden of the Collection of Information—Adding together the burden hours detailed above yields a total of 40,764 hours expended on an annual basis for all paperwork associated with the filing of the HS–7 Declaration form and other aspects of the vehicle importation program. Estimate of the Total Annual Costs of the Collection of Information—Other than the cost of the burden hours, the only additional costs associated with this information collection are those incident to the storage, for a period of ten years, of records pertaining to the nonconforming vehicles that each RI imports into the United States. Authority: 44 U.S.C. 3506(c); delegation of authority at 49 CFR 1.50 and 501.8(f). Issued on: July 12, 2010. Jeffrey Giuseppe, Acting Director, Office of Vehicle Safety Compliance. [FR Doc. 2010–17364 Filed 7–15–10; 8:45 am] BILLING CODE 4910–59–P DEPARTMENT OF THE TREASURY Office of Financial Stability; Proposed Collection; Comment Request AGENCY: Office of Financial Stability (OFS), Treasury. 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 the E:\FR\FM\16JYN1.SGM 16JYN1 srobinson on DSKHWCL6B1PROD with NOTICES Federal Register / Vol. 75, No. 136 / Friday, July 16, 2010 / Notices following 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, OFS is soliciting comments concerning information collection requirements contained in Title 31 CFR parts 30 and 31. DATES: Written comments should be received on or before September 14, 2010 to be assured of consideration. ADDRESSES: Direct all written comments to: Department of the Treasury, Daniel Abramowitz, 1500 Pennsylvania Avenue, NW., Washington, DC 20220; (202) 927–9645. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies should be directed to the address above. SUPPLEMENTARY INFORMATION: OMB Control Number: 1505–0209. Title: Troubled Asset Relief Program—Conflicts of Interest. Abstract: Authorized under the Emergency Economic Stabilization Act (EESA) of 2008 (Pub. L. 110–343), as amended by the American Recovery and Reinvestment Act (ARRA) of 2009, the Department of the Treasury has implemented aspects of the Troubled Asset Relief Program (TARP) by codifying section 108 of EESA. Title 31 CFR part 31, TARP Conflict of Interest, sets forth the process for reviewing and addressing actual or potential conflicts of interest among any individuals or entities seeking or having a contract or financial agency agreement with the Treasury for services under EESA. The information collection required by this part will be used to evaluate and minimize real and apparent conflicts of interest related to contractual or financial agent agreement services performed under TARP. Type of Review: Revision of a currently approved information collection. Affected Public: Private sector: Businesses or other for-profits. Estimated Number of Respondents: 35. Estimated Number of Responses: 418. Estimated Total Annual Burden Hours: 3,446 hours. OMB Control Number: 1505–0219. Title: TARP Capital Purchase Program—Executive Compensation Abstract: Authorized under the Emergency Economic Stabilization Act (EESA) of 2008 (Pub. L. 110–343), as amended by the American Recovery and Reinvestment Act (ARRA) of 2009, the Department of the Treasury has implemented aspects of the Troubled Asset Relief Program (TARP) by VerDate Mar<15>2010 18:00 Jul 15, 2010 Jkt 220001 codifying section 111 of EESA. Title 31 CFR part 30, TARP Standards for Compensation Corporate Governance, provides guidance on the executive compensation and corporate governance provision of EESA that apply to entities that receive financial assistance under TARP. The collection of information required by this part will be used to monitor compliance with the executive compensation requirements; monitor and evaluate the compensation practices of TARP recipients, and as a basis for determinations on the compensation structures and compensation payments by the Special Master on Executive Compensation. Type of Review: Revision of a currently approved information collection. Affected Public: Private sector: Businesses or other for-profits. Estimated Number of Respondents: 650. Estimated Number of Responses: 3,083. Estimated Total Annual Burden Hours: 11,130 hours. 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 including the validity of the methodology and assumption used; (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. Comments submitted in response to this notice will be summarized and included in the request for OMB approval. All comments will become a matter of public record. Dated: June 30, 2010. Daniel Abramowitz, Office of Financial Stability PRA Program Officer. [FR Doc. 2010–17399 Filed 7–15–10; 8:45 am] BILLING CODE 4810–25–P PO 00000 Frm 00144 Fmt 4703 Sfmt 4703 41573 DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORPORATION DEPARTMENT OF THE TREASURY Office of Thrift Supervision Proposed Agency Information Collection Renewal; Joint Submission for OMB Review; Comment Request AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); and Office of Thrift Supervision (OTS), Treasury (collectively, the Banking Agencies or Agencies). ACTION: Joint submission of information collection renewal to OMB for review and approval under the Paperwork Reduction Act. SUMMARY: The OCC, FDIC and OTS as part of their continuing effort to reduce paperwork and respondent burden, invite the general public and other Federal agencies to comment on the proposed renewal of the interagency Transfer Agent and Amendment Form, as required by the Paperwork Reduction Act of 1995. To renew this information collection, the OCC, FDIC, and OTS seek additional public comment regarding this notice, which is the second of two notices required by the PRA, and will seek OMB review of, and clearance for, the information collection discussed herein. The Board has approved this information collection under its delegated authority from OMB. The Banking Agencies may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. DATES: Comments must be submitted on or before August 16, 2010. ADDRESSES: Interested parties are invited to submit written comments to any or all of the Agencies. All comments, which should refer to the OMB control number(s), will be shared among the Agencies. OCC: Communications Division, Office of the Comptroller of the Currency, Mailstop 2–3, Attention: 1557–0124, 250 E Street, SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) E:\FR\FM\16JYN1.SGM 16JYN1

Agencies

[Federal Register Volume 75, Number 136 (Friday, July 16, 2010)]
[Notices]
[Pages 41572-41573]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-17399]


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DEPARTMENT OF THE TREASURY


Office of Financial Stability; Proposed Collection; Comment 
Request

AGENCY: Office of Financial Stability (OFS), Treasury.

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 the

[[Page 41573]]

following 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, OFS is soliciting comments concerning 
information collection requirements contained in Title 31 CFR parts 30 
and 31.

DATES: Written comments should be received on or before September 14, 
2010 to be assured of consideration.

ADDRESSES: Direct all written comments to: Department of the Treasury, 
Daniel Abramowitz, 1500 Pennsylvania Avenue, NW., Washington, DC 20220; 
(202) 927-9645.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies should be directed to the address above.

SUPPLEMENTARY INFORMATION:
    OMB Control Number: 1505-0209.
    Title: Troubled Asset Relief Program--Conflicts of Interest.
    Abstract: Authorized under the Emergency Economic Stabilization Act 
(EESA) of 2008 (Pub. L. 110-343), as amended by the American Recovery 
and Reinvestment Act (ARRA) of 2009, the Department of the Treasury has 
implemented aspects of the Troubled Asset Relief Program (TARP) by 
codifying section 108 of EESA. Title 31 CFR part 31, TARP Conflict of 
Interest, sets forth the process for reviewing and addressing actual or 
potential conflicts of interest among any individuals or entities 
seeking or having a contract or financial agency agreement with the 
Treasury for services under EESA. The information collection required 
by this part will be used to evaluate and minimize real and apparent 
conflicts of interest related to contractual or financial agent 
agreement services performed under TARP.
    Type of Review: Revision of a currently approved information 
collection.
    Affected Public: Private sector: Businesses or other for-profits.
    Estimated Number of Respondents: 35.
    Estimated Number of Responses: 418.
    Estimated Total Annual Burden Hours: 3,446 hours.
    OMB Control Number: 1505-0219.
    Title: TARP Capital Purchase Program--Executive Compensation
    Abstract: Authorized under the Emergency Economic Stabilization Act 
(EESA) of 2008 (Pub. L. 110-343), as amended by the American Recovery 
and Reinvestment Act (ARRA) of 2009, the Department of the Treasury has 
implemented aspects of the Troubled Asset Relief Program (TARP) by 
codifying section 111 of EESA. Title 31 CFR part 30, TARP Standards for 
Compensation Corporate Governance, provides guidance on the executive 
compensation and corporate governance provision of EESA that apply to 
entities that receive financial assistance under TARP. The collection 
of information required by this part will be used to monitor compliance 
with the executive compensation requirements; monitor and evaluate the 
compensation practices of TARP recipients, and as a basis for 
determinations on the compensation structures and compensation payments 
by the Special Master on Executive Compensation.
    Type of Review: Revision of a currently approved information 
collection.
    Affected Public: Private sector: Businesses or other for-profits.
    Estimated Number of Respondents: 650.
    Estimated Number of Responses: 3,083.
    Estimated Total Annual Burden Hours: 11,130 hours.
    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 including the validity of the methodology and assumption 
used; (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.
    Comments submitted in response to this notice will be summarized 
and included in the request for OMB approval. All comments will become 
a matter of public record.

    Dated: June 30, 2010.
Daniel Abramowitz,
Office of Financial Stability PRA Program Officer.
[FR Doc. 2010-17399 Filed 7-15-10; 8:45 am]
BILLING CODE 4810-25-P