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