Submission for OMB Review; Comment Request, 69933-69934 [2013-27961]

Download as PDF tkelley on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 78, No. 225 / Thursday, November 21, 2013 / Notices Francis W. Sherman owns and controls Cabana (MC–646780) through FSCS. Evergreen, a charter bus operator, (MC–107638) is under the common control of Francis W. Sherman through TMS West Coast, Inc., a noncarrier, and operates in California, Maryland, and Florida, among other states. Cabana is a charter bus operator in Florida, serving Florida ports (including Port Everglades) and Florida airports (including Fort Lauderdale-Hollywood International Airport). Applicants propose that Franmar will purchase certain motor coach and nonmotor coach business assets of Evergreen from three garage and terminal facilities located in Jacksonville, Fla., West Palm Beach, Fla., and Miami, Fla., respectively. Applicants also propose a separate transaction in which the Francis Tedesco Revocable Trust and the Mark Tedesco Revocable Trust purchase 100 percent of FSCS’s limited liability membership interest in Cabana. If this transaction is approved, Francis Tedesco, who is the current manager of the Academy Companies, will become the sole manager of Cabana. This transaction will, according to Applicants, permit Cabana to continue passenger transportation services in Florida. Under 49 U.S.C. 14303(b), the Board must approve and authorize a transaction that it finds consistent with the public interest, taking into consideration at least: (1) The effect of the proposed transaction on the adequacy of transportation to the public; (2) the total fixed charges that result; and (3) the interest of affected carrier employees. Applicants have submitted information, as required by 49 CFR 1182.2, including the information to demonstrate that the proposed transactions are consistent with the public interest under 49 U.S.C. 14303(b), and a statement that the combined 12-month aggregate gross operating revenues of the motor carriers of passengers directly or indirectly owned and controlled by Francis W. Sherman, and those directly or indirectly owned and controlled by Applicants, exceeded $2 million. See 49 U.S.C. 14303(g). Applicants assert that the proposed transactions are in the public interest because Evergreen will be selling vehicles it no longer desires to operate and the public will lose no service as a result of the Franmar-Evergreen transaction because the same number of buses will continue to operate. Applicants also assert that Francis Tedesco is a ‘‘recognized leader in the VerDate Mar<15>2010 17:17 Nov 20, 2013 Jkt 232001 motorbus industry’’ 2 and will be able to procure equipment and fuel at lower prices thereby allowing Academy Companies to maintain a high level of service while lowering rates on charter bus operations to and from Port Everglades and Florida ports and Florida airports. Applicants further state that the proposed transactions would have no effect on total fixed charges and no effect on the quality of the human environment and the conservation of energy resources. Finally, Applicants state that the transaction would have no adverse effect on Evergreen and Cabana’s employees as Cabana will retain its employees and will interview and offer employment to Evergreen employees. On the basis of the application, the Board finds that the proposed transactions are consistent with the public interest and should be tentatively approved and authorized. If any opposing comments are timely filed, these findings will be deemed vacated, and, unless a final decision can be made on the record as developed, a procedural schedule will be adopted to reconsider the application. See 49 CFR 1182.6(c). If no opposing comments are filed by the expiration of the comment period, this notice will take effect automatically and will be the final Board action. The application and Board decisions and notices are available on our Web site at WWW.STB.DOT.GOV. This decision will not significantly affect either the quality of the human environment or the conservation of energy resources. It is ordered: 1. The proposed transactions are approved and authorized, subject to the filing of opposing comments. 2. If opposing comments are timely filed, the findings made in this notice will be deemed vacated. 3. This notice will be effective on January 7, 2014, unless opposing comments are filed by January 6, 2014. 4. A copy of this decision will be served on: (1) The U.S. Department of Transportation, Federal Motor Carrier Safety Administration, 1200 New Jersey Avenue SE., Washington, DC 20590; (2) the U.S. Department of Justice, Antitrust Division, 10th Street & Pennsylvania Avenue NW., Washington, DC 20530; and (3) the U.S. Department of Transportation, Office of the General Counsel, 1200 New Jersey Avenue SE., Washington, DC 20590. Decided: November 18, 2013. 2 Id. PO 00000 at 7. Frm 00120 Fmt 4703 Sfmt 4703 69933 By the Board, Chairman Elliott, Vice Chairman Begeman, and Commissioner Mulvey. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2013–27960 Filed 11–20–13; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request November 18, 2013. The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104–13, on or after the date of publication of this notice. DATES: Comments should be received on or before December 23, 2013 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestion for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@ OMB.EOP.GOV and (2) Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, or email at PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be obtained by calling (202) 927–5331, email at PRA@treasury.gov, or the entire information collection request maybe found at www.reginfo.gov. Office of Financial Stability (OFS) OMB Number: 1505–0209. Type of Review: Revision of a currently approved collection. 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 E:\FR\FM\21NON1.SGM 21NON1 69934 Federal Register / Vol. 78, No. 225 / Thursday, November 21, 2013 / Notices 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. Affected public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 1,292. OMB Number: 1505–0219. Type of Review: Revision of a currently approved collection. Title: TARP Capital Purchase Program—Executive Compensation. Abstract: Authorized under the Emergency Economic Stabilization Act of 2008 (EESA), Public Law 110–343, as amended by the American Recovery and Reinvestment Act of 2009 (ARRA), Public Law 111–5, the Department of the Treasury established the Troubled Asset Relief Program (TARP) to purchase, and to make and fund commitments to purchase, troubled assets from any financial institution on such terms and conditions determined by the Secretary. Section 111 of EESA, as amended by ARRA, provides that certain entities receiving financial assistance from Treasury under TARP will be subject to specified executive compensation and corporate governance standards established by the Secretary. These standards were set forth in the interim final rule published on June 15, 2009 (74 FR 28394), as corrected on December 7, 2009 (74 FR 63990) (the Interim Final Rule). The standards implemented in the Interim Final Rule require that TARP recipients submit certain information pertaining to their executive compensation and corporate governance practices. Affected public: Private sector: Businesses or other for-profits. Estimated Annual Burden Hours: 6,951. Dawn D. Wolfgang, Treasury PRA Clearance Officer. [FR Doc. 2013–27961 Filed 11–20–13; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY tkelley on DSK3SPTVN1PROD with NOTICES Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Lending Limits Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. AGENCY: VerDate Mar<15>2010 17:17 Nov 20, 2013 Jkt 232001 The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites the public and other Federal agencies to comment on the renewal of an information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC 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. The OCC is soliciting comment concerning renewal of its information collection titled, ‘‘Lending Limits.’’ The OCC is also giving notice that it has submitted the collection to OMB for review. DATES: Comments must be submitted on or before December 23, 2013. ADDRESSES: Because paper mail in the Washington, DC area and at the OCC is subject to delay, commenters are encouraged to submit comments by email if possible. Comments may be sent to: Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, Attention: 1557–0317, 400 7th Street SW., Suite 3E–218, Mail Stop 9W–11, Washington, DC 20219. In addition, comments may be sent by fax to (571) 465–4326 or by electronic mail to regs.comments@ occ.treas.gov. You may personally inspect and photocopy comments at the OCC, 400 7th 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) 649–6700. 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. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not enclose any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. Additionally, please send a copy of your comments by mail to: OCC Desk Officer, 1557–0317, U.S. Office of Management and Budget, 725 17th Street NW., #10235, Washington, DC 20503, or by email to: oira submission@ omb.eop.gov. FOR FURTHER INFORMATION CONTACT: You may request additional information from Johnny Vilela or Mary H. Gottlieb, OCC Clearance Officers, (202) 649–5490, Legislative and Regulatory Activities SUMMARY: PO 00000 Frm 00121 Fmt 4703 Sfmt 4703 Division, Office of the Comptroller of the Currency, 400 7th Street SW., Suite 3E–218, Mail Stop 9W–11, Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is seeking to renew, without change, the following collection: Title: Lending Limits—12 CFR 32.9. Type of Review: Extension, without revision, of a currently approved collection. OMB Control Number: 1557–0317. Description: Pursuant to section 610 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Public Law 111–203, 124 Stat. 1376 (2010), the OCC added § 32.9 to its lending limits regulation to cover credit exposures arising from derivative transactions and securities financing transactions. Twelve CFR 32.9 provides national banks and savings associations with three alternative methods for calculating the credit exposure of derivative transactions other than credit derivatives, a special rule for measuring the credit exposure of credit derivatives, and three alternative methods for calculating such exposure for securities financing transactions. The OCC provided these different methods in order to reduce the practical burden of such calculations, particularly for smaller and mid-size national banks and savings associations. One method available for both derivative transactions and securities financing transactions is the Internal Model Method. Under this method, the use of a model (other than a model for which use has been approved for purposes of the Advanced Measurement Approach in the capital rules) must be approved in writing by the OCC (in the case of national banks and Federal savings associations) or the Federal Deposit Insurance Corporation (in the case of State savings associations) specifically for lending limit purposes. If a national bank or savings association proposes to use an internal model for which use has been approved for purposes of the Advanced Measurement Approach, the institution must provide written notification to the OCC or FDIC, as appropriate, prior to use of the model for lending limits purposes. Section 32.9 also requires OCC or FDIC approval of any substantive revisions to a model previously approved for lending limits purposes, or for which notice of its use for lending limits purposes previously had been provided, before the institution may use the revised model. Affected Public: Businesses or other for-profit. Burden Estimates: Estimated Number of Respondents: 238. E:\FR\FM\21NON1.SGM 21NON1

Agencies

DEPARTMENT OF THE TREASURY

[Federal Register Volume 78, Number 225 (Thursday, November 21, 2013)]
[Notices]
[Pages 69933-69934]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-27961]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

November 18, 2013.
    The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before December 23, 2013 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestion for reducing 
the burden, to (1) Office of Information and Regulatory Affairs, Office 
of Management and Budget, Attention: Desk Officer for Treasury, New 
Executive Office Building, Room 10235, Washington, DC 20503, or email 
at OIRA_Submission@OMB.EOP.GOV and (2) Treasury PRA Clearance Officer, 
1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, or email 
at PRA@treasury.gov.

FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be 
obtained by calling (202) 927-5331, email at PRA@treasury.gov, or the 
entire information collection request maybe found at www.reginfo.gov.

Office of Financial Stability (OFS)

    OMB Number: 1505-0209.
    Type of Review: Revision of a currently approved collection.
    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

[[Page 69934]]

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.
    Affected public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 1,292.
    OMB Number: 1505-0219.
    Type of Review: Revision of a currently approved collection.
    Title: TARP Capital Purchase Program--Executive Compensation.
    Abstract: Authorized under the Emergency Economic Stabilization Act 
of 2008 (EESA), Public Law 110-343, as amended by the American Recovery 
and Reinvestment Act of 2009 (ARRA), Public Law 111-5, the Department 
of the Treasury established the Troubled Asset Relief Program (TARP) to 
purchase, and to make and fund commitments to purchase, troubled assets 
from any financial institution on such terms and conditions determined 
by the Secretary. Section 111 of EESA, as amended by ARRA, provides 
that certain entities receiving financial assistance from Treasury 
under TARP will be subject to specified executive compensation and 
corporate governance standards established by the Secretary. These 
standards were set forth in the interim final rule published on June 
15, 2009 (74 FR 28394), as corrected on December 7, 2009 (74 FR 63990) 
(the Interim Final Rule). The standards implemented in the Interim 
Final Rule require that TARP recipients submit certain information 
pertaining to their executive compensation and corporate governance 
practices.
    Affected public: Private sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 6,951.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2013-27961 Filed 11-20-13; 8:45 am]
BILLING CODE 4810-25-P

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