Agency Information Collection Activities: Amended Submission to OMB for Reinstatement, With Change, of a Previously Approved Collection, 70073-70074 [2013-28038]

Download as PDF Federal Register / Vol. 78, No. 226 / Friday, November 22, 2013 / Notices Center, Huntsville, AL 35812, (256) 544–0013. FOR FURTHER INFORMATION CONTACT: Mr. Sammy A. Nabors, Technology Transfer Office/ZP30, Marshall Space Flight Center, Huntsville, AL 35812, (256) 544–5226. Information about other NASA inventions available for licensing can be found online at http:// technology.nasa.gov. Sumara M. Thompson-King, Deputy General Counsel. [FR Doc. 2013–28011 Filed 11–21–13; 8:45 am] BILLING CODE 7510–13–P NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Amended Submission to OMB for Reinstatement, With Change, of a Previously Approved Collection National Credit Union Administration (NCUA). ACTION: Technical correction. AGENCY: NCUA is publishing this technical correction to correct an inadvertent burden calculation which appeared in prior notices published in the Federal Register and was also submitted to OMB for its Truth in Savings Act (TISA) information collection (OMB control number 3133– 0134). The initial burden estimate is being reduced as described in question 12 of the TISA Supporting Statement, which also reduces the estimated annual burden hours. The erroneous calculation listed the estimated total annual burden hours at 43,456,180,359 hours. The amended submission, which contains the corrected burden hours, lists 9,899,116 estimated total annual burden hours (which combines the onetime annual burden of 2,759,929 hours and the continuing annual burden of 7,139,187 hours). NCUA calculated the burden hours using total estimated number of credit union members nationwide. This notice is published to notify the public of the correct burden calculations and to inform the public that, on November 7, 2013, NCUA 70073 amended its original submission to OMB with the corrected burden calculations shown in this notice below. Amended changes will be reflected at www.reginfo.gov after the collection has concluded the approval process. 12. Burden estimate: 1 The estimated number of respondents includes the total number of credit unions based on the NCUA year-end call report data for 2012. The Credit Union National Association, a national trade association, contributed to information regarding privately-insured credit unions. The analysis assumes that all credit unions will collect the TISA information and, therefore, be subject to this rule. Number of credit unions: 6,859. Federal credit unions: 4,211. State chartered, federally-insured credit unions: 2,507. State chartered, privately-insured credit unions: 141. Number of credit unions with assets under $10 million: 2,339. SUMMARY: Responses subject to requirement Estimated time per response Annual reporting burden (hours) One-time burden 2 Notice to existing accountholders 3 ........................................................................................... Initial training and education of staff 4 ...................................................................................... System updates 5 ...................................................................................................................... Advertising updates 6 ................................................................................................................ 95,032,999 13,718 6,859 6,859 1.5 minutes ....... 16 hours ........... 8 hours ............. 16 hours ........... 2,375,825 219,488 54,872 109,744 One-Time Annual Burden ......................................................................................................... ........................ ........................... 2,759,929 New account/requested disclosures 7 ....................................................................................... Term account renewal notices 8 ............................................................................................... Change-in-term notices 9 .......................................................................................................... Periodic Statements 10 .............................................................................................................. Advertising 11 ............................................................................................................................. Continuing Training 12 ............................................................................................................... 1,988,244 7,112,023 23,758,250 380,131,996 6,859 13,718 5 minutes .......... 1 minute ........... 1 minute ........... 1 minute ........... 10 hours ........... 4 hours ............. 165,687 118,534 395,971 6,335,533 68,590 54,872 Continuing Annual Burden ........................................................................................................ ........................ ........................... 7,139,187 emcdonald on DSK67QTVN1PROD with NOTICES Continuing Annual Burden 1 In the absence of supplementary information in determining the reporting burden for credit unions, NCUA has adopted the same estimated time per response as the Federal Reserve System. The supporting information associated with Regulation DD (OMB Control No: 7100–0271) is published at 76 FR 29242 (May 20, 2011). 2 The one-time burden would only apply to a newly chartered credit union. Pre-existing credit unions will only have a continuing annual compliance burden. 3 The one-time burden was estimated using the estimated total number of credit union members, 95,032,999 million as of December 31, 2012. 4 This estimate is based on the assumption that at least 2 employees, a manager and teller, would be trained for every credit union. It is also estimated that training will require an average of 16 hours. 5 Many credit unions use automated technology, i.e. computer software, to aid in their compliance with TISA and the regulations. NCUA estimates that credit unions will need approximately one business day, eight hours, for necessary system maintenance. 6 Credit unions must monitor their advertising materials to ensure compliance with TISA and Part 707. NCUA estimates it takes two business days, 16 hours, for these compliance reviews. 7 This estimate is based on the difference between the total number of accounts at year-end 2011 and 2012. The difference is an estimate of the total number of new accounts. 8 The total number of term share accounts, share certificates, was broken out by the dollar amount proportions of various maturing categories of certificates. Information on the dollar amounts placed in certificates with maturities less than one year, one to three years, and greater than three years is available. The ratio of each dollar volume category was applied to the total number of term share accounts in the less than one year category were assumed to have an annual disclosure requirement. One-half of the number of term share accounts in the one to three year category was assumed to have an annual disclosure requirement. Twenty percent of certificates in the over three years category were assumed to have an annual disclosure requirement. Continued VerDate Mar<15>2010 16:47 Nov 21, 2013 Jkt 232001 PO 00000 Frm 00062 Fmt 4703 Sfmt 4703 E:\FR\FM\22NON1.SGM 22NON1 70074 Federal Register / Vol. 78, No. 226 / Friday, November 22, 2013 / Notices By the National Credit Union Administration Board on November 18, 2013. Gerard Poliquin, Secretary of the Board. [FR Doc. 2013–28038 Filed 11–21–13; 8:45 am] BILLING CODE 7535–01–P NATIONAL SCIENCE FOUNDATION Agency Information Collection Activities: Comment Request National Science Foundation. Submission for OMB Review; Comment Request. AGENCY: ACTION: The National Science Foundation (NSF) has submitted the following information collection requirement to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104– 13. This is the second notice for public comment; the first was published in the Federal Register at 78 FR 57903. NSF is forwarding the proposed renewal submission to the Office of Management and Budget (OMB) for clearance simultaneously with the publication of this second notice. The full submission may be found at: http:// www.reginfo.gov/public/do/PRAMain. Comments: Comments regarding (a) whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of burden including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility and clarity of the information to be collected; or (d) ways to minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of SUMMARY: emcdonald on DSK67QTVN1PROD with NOTICES 9 Twenty-five percent of the total number of existing accountholders is assumed to require notification, on an annual basis, of a change-interms notice. The estimate is conservative and assumes very stable market interest rates for fixedrate accounts. 10 The figure for periodic statements was estimated by assuming that on average, members receive quarterly statements. 11 While the burden of advertising is difficult to assess, NCUA believes that a minimum of 10 hours per credit union per year is a conservative estimate of the increased advertising compliance burden required due to the Truth in Savings rule. 12 NCUA estimates that credit unions will need to perform continuous training for new employees and to refresh existing employees on TISA and Part 707. Based on an average of two employees per year per credit union, NCUA has used the four hours of training per employee that it applies to continuing NCUA examiner training as the estimated an annual burden for credit unions. VerDate Mar<15>2010 16:47 Nov 21, 2013 Jkt 232001 information technology should be addressed to: Office of Information and Regulatory Affairs of OMB, Attention: Desk Officer for National Science Foundation, 725—17th Street NW., Room 10235, Washington, DC 20503, and to Suzanne H. Plimpton, Reports Clearance Officer, National Science Foundation, 4201 Wilson Boulevard, Suite 1265, Arlington, Virginia 22230 or send email to splimpto@nsf.gov. Comments regarding these information collections are best assured of having their full effect if received within 30 days of this notification. Copies of the submission(s) may be obtained by calling 703–292–7556. FOR FURTHER INFORMATION CONTACT: Suzanne H. Plimpton at (703) 292–7556 or send email to splimpto@nsf.gov. Individuals who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1–800–877– 8339, which is accessible 24 hours a day, 7 days a week, 365 days a year (including federal holidays). NSF may not conduct or sponsor a collection of information unless the collection of information displays a currently valid OMB control number and the agency informs potential persons who are to respond to the collection of information that such persons are not required to respond to the collection of information unless it displays a currently valid OMB control number. SUPPLEMENTARY INFORMATION: Title of Collection: Grantee Reporting Requirements for the Industry University Cooperative Research Centers Program (I/UCRC). OMB Number: 3145–0088. Type of Request: Intent to seek approval to renew an information collection. Abstract Proposed Project The Industry/University Cooperative Research Centers (I/UCRC) Program was initiated in 1973 to develop long-term partnerships among industry, academe and government. The National Science Foundation invests in these partnerships to promote research programs of mutual interest, contribute to the Nation’s research infrastructure base and enhance the intellectual capacity of the engineering or science workforce through the integration of research and education. As appropriate, NSF encourages international collaborations that advance these goals within the global context. The I/UCRC program seeks to achieve this by: PO 00000 Frm 00063 Fmt 4703 Sfmt 4703 1. Contributing to the nation’s research enterprise by developing longterm partnerships among industry, academe, and government; 2. Leveraging NSF funds with industry to support graduate students performing industrially relevant research; 3. Expanding the innovation capacity of our nation’s competitive workforce through partnerships between industries and universities; and 4. Encouraging the nation’s research enterprise to remain competitive through active engagement with academic and industrial leaders throughout the world. The centers are catalyzed by a small investment from NSF and they are primarily supported by other private and public sector center members, with NSF taking a supporting role in the development and evolution of the I/ UCRC. The I/UCRC program initially offers five-year Phase I) continuing awards. This five-year period of support allows for the development of a strong partnership between the academic researchers and their industrial and government members. After five years, centers that continue to meet the I/ UCRC program requirements may request support for a second five-year (Phase II) period. These awards allow centers to continue to grow and diversify their non-NSF memberships during their Phase II period. After ten years, a Phase III award provides a third five-year award for centers that demonstrate their viability, sustainability, and which have had a significant impact on industry research as measured through annual reports, site visits, and adherence to I/UCRC requirements. Centers are expected to be fully supported by industry, other Federal agencies, and state and local government partners after fifteen-years as an I/UCRC. Centers will be required to provide data to NSF and its authorized representatives (contractors or grantees). These data will be used for NSF internal reports, historical data, and for securing future funding for continued I/UCRC program maintenance and growth. Updates to the IUCRC database of performance indicators will be required annually. Centers will be responsible for submitting the following information after the award expires for their fiscal year of activity. The indicators are both quantitative and descriptive. • Quantitative information from the most recently completed fiscal year such as: Æ Number and diversity of students, faculty, and industrial numbers E:\FR\FM\22NON1.SGM 22NON1

Agencies

[Federal Register Volume 78, Number 226 (Friday, November 22, 2013)]
[Notices]
[Pages 70073-70074]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-28038]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Amended Submission to 
OMB for Reinstatement, With Change, of a Previously Approved Collection

AGENCY: National Credit Union Administration (NCUA).

ACTION: Technical correction.

-----------------------------------------------------------------------

SUMMARY: NCUA is publishing this technical correction to correct an 
inadvertent burden calculation which appeared in prior notices 
published in the Federal Register and was also submitted to OMB for its 
Truth in Savings Act (TISA) information collection (OMB control number 
3133-0134). The initial burden estimate is being reduced as described 
in question 12 of the TISA Supporting Statement, which also reduces the 
estimated annual burden hours. The erroneous calculation listed the 
estimated total annual burden hours at 43,456,180,359 hours. The 
amended submission, which contains the corrected burden hours, lists 
9,899,116 estimated total annual burden hours (which combines the one-
time annual burden of 2,759,929 hours and the continuing annual burden 
of 7,139,187 hours). NCUA calculated the burden hours using total 
estimated number of credit union members nationwide. This notice is 
published to notify the public of the correct burden calculations and 
to inform the public that, on November 7, 2013, NCUA amended its 
original submission to OMB with the corrected burden calculations shown 
in this notice below. Amended changes will be reflected at 
www.reginfo.gov after the collection has concluded the approval 
process.
    12. Burden estimate: \1\
---------------------------------------------------------------------------

    \1\ In the absence of supplementary information in determining 
the reporting burden for credit unions, NCUA has adopted the same 
estimated time per response as the Federal Reserve System. The 
supporting information associated with Regulation DD (OMB Control 
No: 7100-0271) is published at 76 FR 29242 (May 20, 2011).
---------------------------------------------------------------------------

    The estimated number of respondents includes the total number of 
credit unions based on the NCUA year-end call report data for 2012. The 
Credit Union National Association, a national trade association, 
contributed to information regarding privately-insured credit unions. 
The analysis assumes that all credit unions will collect the TISA 
information and, therefore, be subject to this rule.
    Number of credit unions: 6,859.
    Federal credit unions: 4,211.
    State chartered, federally-insured credit unions: 2,507.
    State chartered, privately-insured credit unions: 141.
    Number of credit unions with assets under $10 million: 2,339.

----------------------------------------------------------------------------------------------------------------
                                                Responses                                             Annual
                                               subject to        Estimated time per response         reporting
                                               requirement                                        burden (hours)
----------------------------------------------------------------------------------------------------------------
                                               One-time burden \2\
----------------------------------------------------------------------------------------------------------------
Notice to existing accountholders \3\......      95,032,999  1.5 minutes........................       2,375,825
Initial training and education of staff \4\          13,718  16 hours...........................         219,488
System updates \5\.........................           6,859  8 hours............................          54,872
Advertising updates \6\....................           6,859  16 hours...........................         109,744
                                            --------------------------------------------------------------------
One-Time Annual Burden.....................  ..............  ...................................       2,759,929
----------------------------------------------------------------------------------------------------------------
                                            Continuing Annual Burden
----------------------------------------------------------------------------------------------------------------
New account/requested disclosures \7\......       1,988,244  5 minutes..........................         165,687
Term account renewal notices \8\...........       7,112,023  1 minute...........................         118,534
Change-in-term notices \9\.................      23,758,250  1 minute...........................         395,971
Periodic Statements \10\...................     380,131,996  1 minute...........................       6,335,533
Advertising \11\...........................           6,859  10 hours...........................          68,590
Continuing Training \12\...................          13,718  4 hours............................          54,872
                                            --------------------------------------------------------------------
Continuing Annual Burden...................  ..............  ...................................       7,139,187
----------------------------------------------------------------------------------------------------------------

     
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    \2\ The one-time burden would only apply to a newly chartered 
credit union. Pre-existing credit unions will only have a continuing 
annual compliance burden.
    \3\ The one-time burden was estimated using the estimated total 
number of credit union members, 95,032,999 million as of December 
31, 2012.
    \4\ This estimate is based on the assumption that at least 2 
employees, a manager and teller, would be trained for every credit 
union. It is also estimated that training will require an average of 
16 hours.
    \5\ Many credit unions use automated technology, i.e. computer 
software, to aid in their compliance with TISA and the regulations. 
NCUA estimates that credit unions will need approximately one 
business day, eight hours, for necessary system maintenance.
    \6\ Credit unions must monitor their advertising materials to 
ensure compliance with TISA and Part 707. NCUA estimates it takes 
two business days, 16 hours, for these compliance reviews.
    \7\ This estimate is based on the difference between the total 
number of accounts at year-end 2011 and 2012. The difference is an 
estimate of the total number of new accounts.
    \8\ The total number of term share accounts, share certificates, 
was broken out by the dollar amount proportions of various maturing 
categories of certificates. Information on the dollar amounts placed 
in certificates with maturities less than one year, one to three 
years, and greater than three years is available. The ratio of each 
dollar volume category was applied to the total number of term share 
accounts in the less than one year category were assumed to have an 
annual disclosure requirement. One-half of the number of term share 
accounts in the one to three year category was assumed to have an 
annual disclosure requirement. Twenty percent of certificates in the 
over three years category were assumed to have an annual disclosure 
requirement.
    \9\ Twenty-five percent of the total number of existing 
accountholders is assumed to require notification, on an annual 
basis, of a change-in-terms notice. The estimate is conservative and 
assumes very stable market interest rates for fixed-rate accounts.
    \10\ The figure for periodic statements was estimated by 
assuming that on average, members receive quarterly statements.
    \11\ While the burden of advertising is difficult to assess, 
NCUA believes that a minimum of 10 hours per credit union per year 
is a conservative estimate of the increased advertising compliance 
burden required due to the Truth in Savings rule.
    \12\ NCUA estimates that credit unions will need to perform 
continuous training for new employees and to refresh existing 
employees on TISA and Part 707. Based on an average of two employees 
per year per credit union, NCUA has used the four hours of training 
per employee that it applies to continuing NCUA examiner training as 
the estimated an annual burden for credit unions.


[[Page 70074]]


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    By the National Credit Union Administration Board on November 
18, 2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013-28038 Filed 11-21-13; 8:45 am]
BILLING CODE 7535-01-P