Proposed Collection; Comment Request for Supplemental Quarterly Report (Small Business Lending Fund, SBLF), 60600-60601 [2011-25040]

Agencies

• DEPARTMENT OF THE TREASURY
• Department of Treasury

[Federal Register Volume 76, Number 189 (Thursday, September 29, 2011)]
[Notices]
[Pages 60600-60601]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-25040]


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DEPARTMENT OF THE TREASURY


Proposed Collection; Comment Request for Supplemental Quarterly 
Report (Small Business Lending Fund, SBLF)

AGENCY: Office of Domestic Finance, Treasury.

[[Page 60601]]


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 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 Office of Domestic Finance within the 
Department of the Treasury is soliciting comments concerning 
requirements for banks participating in the Small Business Lending Fund 
to report information about the level and type of loans they are making 
to small businesses on a quarterly basis.

DATES: Written comments must be received on or before November 28, 2011 
to be assured of consideration.

ADDRESSES: You may submit comments by any of the following methods:
    Federal eRulemaking Portal: https://www.regulations.gov. Follow the 
instructions for submitting comments.
    Fax: Attn: Request for Comments (SBLF Quarterly Supplemental 
Reports) (202) 622-8722
    Mail: Attn: Request for Comments (SBLF Quarterly Supplemental 
Reports). Office of Domestic Finance, Department of the Treasury, 1500 
Pennsylvania Avenue, NW., Washington, DC 20220
    Instructions: All submissions received must include the agency name 
and the Federal Register Doc. number that appears at the end of this 
document. Comments received will be made available to the public via 
regulations.gov or upon request, without change and including any 
personal information provided.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
about the filings or procedures should be directed to Manager 
(Communications, Research and External Affairs), Small Business Lending 
Fund, Office of Domestic Finance, Department of the Treasury, 1500 
Pennsylvania Avenue, NW., Washington, DC 20220.

SUPPLEMENTARY INFORMATION:
    Title: Requirement to report quarterly data on Small Business 
Lending.
    OMB Number: 1505-0228.
    Abstract: Once accepted into the SBLF program, a bank is required 
to submit a Supplemental Report each quarter. The Supplemental Report 
serves two purposes.
    First, the Quarterly Supplemental Report is used to determine the 
bank's small business lending baseline. The baseline is the bank's 
historical amount of small business lending for the period October 2009 
to September 2010. The program considers a bank's increases in small 
business lending against this historical baseline. In addition, a 
bank's initial dividend rate is based on the increase in small business 
lending (over this baseline) in the quarters since October 2010.
    Second, every quarter thereafter, the bank files a Supplemental 
Report quarterly so that Treasury can assess the change in the small 
business lending for the previous quarter. That change from the 
historical baseline is used to set the dividend rate for the next 
quarter.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Banks and lending institutions that were approved 
by Treasury to participate in the Small Business Lending Fund.
    Estimated Number of Respondents: 350.
    Estimated Annual Responses: 1,400.
    Estimated Hours per Response: 4 hours.
    Estimated Total Annual Burden Hours: 5,600 hours.
    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 Office of Management and Budget (``OMB'') 
control number. Books or records relating to a collection of 
information 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 has 
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 assumptions 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.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2011-25040 Filed 9-28-11; 8:45 am]
BILLING CODE 4810-25-P