Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Policy Communications Survey, 22761-22762 [2014-09253]
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Federal Register / Vol. 79, No. 78 / Wednesday, April 23, 2014 / Notices
OMB Number: 1545–1752.
Type of Review: Extension without
change of a currently approved
collection.
Title: Revenue Procedures 2008–38,
2008–39, 2008–40, 2008–41, and 2008–
42.
Abstract: These Revenue Procedures
provide procedures by which an issuer
of a life insurance contract may (1)
remedy a failure to account for charges
for qualified additional benefits under
the expense charge rule of Internal
Revenue Code section 7702(c)(3)(B)(ii)
[2008–38]; (2) remedy an inadvertent
non-egregious failure to comply with
the modified endowment contract rules
under section 7702A [2008–39]; (3)
remedy the failure of one or more
contracts to meet the definition of a life
insurance contract under section
7702(a) or to satisfy requirements of
section 101(f) [2008–40]; (4) remedy an
inadvertent failure of a variable contract
to satisfy the diversification
requirements of section 817(h) [2008–
41]; and (5) automatically obtain a
waiver for certain reasonable errors that
caused the contract to fail to satisfy the
requirements of section 7702 or 101(f)
[2008–42].
Affected Public: Businesses or other
for-profit organizations.
Estimated Annual Burden Hours:
5,950.
wreier-aviles on DSK5TPTVN1PROD with NOTICES
OMB Number: 1545–2073.
Type of Review: Extension without
change of a currently approved
collection.
Title: Substitute Mortality Tables for
Single Employer Defined Benefit Plans.
Abstract: Revenue Procedure 2008–62
describes the process for obtaining a
letter ruling as to the acceptability of
substitute mortality tables under section
430(h)(3)(C) of the Internal Revenue
Code.
Affected Public: Businesses or other
for-profits; Not-for-profit institutions;
and Farms.
Estimated Annual Burden Hours:
25,400.
Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2014–09228 Filed 4–22–14; 8:45 am]
BILLING CODE 4830–01–P
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Policy Communications Survey
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, 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 a continuing 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 the renewal of its
information collection titled, ‘‘Policy
Communications Survey.’’ The OCC is
also giving notice that it has sent the
collection to OMB for review.
DATES: Comments must be submitted on
or before May 23, 2014.
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:
1557–0226, 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
SUMMARY:
PO 00000
Frm 00144
Fmt 4703
Sfmt 4703
22761
you consider confidential or
inappropriate for public disclosure.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0226, 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:
Johnny Vilela or Mary H. Gottlieb, OCC
Clearance Officers, (202) 649–5490, for
persons who are deaf or hard of hearing,
TTY, (202) 649–5597, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501–3520), Federal
agencies must obtain approval from the
OMB for each collection of information
they conduct or sponsor. ‘‘Collection of
information’’ is defined in 44 U.S.C.
3502(3) and 5 CFR 1320.3(c) to include
agency requests or requirements that
members of the public submit reports,
keep records, or provide information to
a third party.
The OCC is proposing to extend OMB
approval of the following information
collection:
Title: Policy Communications Survey.
OMB Control Number: 1557–0226.
Description: This information
collection provides the OCC with
information needed to evaluate properly
the effectiveness of its policy guidance,
found in publications such as bulletins,
advisories, and the Comptroller’s
Handbook. This collection focuses on
the evaluation of one specific
communications product known as
bank supervision policy guidance.
Type of Review: Regular review.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
1,769 (1221 national banks; 48 Federal
branches and agencies of foreign banks;
500 Federal savings associations)
Estimated Total Annual Responses:
1,769.
Estimated Frequency of Response:
Once annually.
Estimated Time per Respondent: 15
minutes.
Estimated Total Annual Burden:
442.25 hours.
The OCC issued a 60-day Federal
Register notice on February 14, 2014. 79
FR 9047. No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
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Federal Register / Vol. 79, No. 78 / Wednesday, April 23, 2014 / Notices
(b) The accuracy of the OCC’s
estimate of the burden of the
information collection;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection 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.
Dated: April 17, 2014.
Stuart E. Feldstein,
Director, Legislative and Regulatory Activities
Division.
[FR Doc. 2014–09253 Filed 4–22–14; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Comment Request;
Subordinated Debt
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, 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 a continuing 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, ‘‘Subordinated Debt.’’
DATES: Comments must be submitted on
or before June 23, 2014.
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:
1557–0320, 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
wreier-aviles on DSK5TPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
15:37 Apr 22, 2014
Jkt 232001
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.
FOR FURTHER INFORMATION CONTACT:
Johnny Vilela or Mary H. Gottlieb, OCC
Clearance Officers, (202) 649–5490, for
persons who are deaf or hard of hearing,
TTY, (202) 649–5597, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Suite 3E–218, Mail Stop
9W–11, Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501–3520), Federal
agencies must obtain approval from
OMB for each collection of information
they conduct or sponsor. ‘‘Collection of
information’’ is defined in 44 U.S.C.
3502(3) and 5 CFR 1320.3(c) to include
agency requests or requirements that
members of the public submit reports,
keep records, or provide information to
a third party. Section 3506(c)(2)(A) of
the PRA (44 U.S.C. 3506(c)(2)(A))
requires Federal agencies to provide a
60-day notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of an existing collection of
information, before submitting the
collection to OMB for approval. To
comply with this requirement, the OCC
is publishing notice of the proposed
collection of information set forth in
this document.
In connection with issuance of the
interim final rule entitled ‘‘Basel III
Conforming Amendments Related to
Cross-References, Subordinated Debt
and Limits Based on Regulatory
Capital,’’ 1 OMB provided a six-month
approval for this information collection.
The OCC is proposing to extend OMB
approval of the collection for the
standard three years.
Title: Subordinated Debt.
OMB Control No.: 1557–0320.
Frequency of Response: On occasion.
1 79
PO 00000
FR 11300 (February 28, 2014).
Frm 00145
Fmt 4703
Sfmt 4703
Affected Public: Business or other forprofit.
Number of Respondents: 184.
Burden per Respondent: 1.3 hours.
Total Burden: 239 hours.
Description: Federal law and OCC
regulations require that, under certain
circumstances, a national bank or
Federal savings association
(collectively, ‘‘institution’’) must receive
OCC approval to issue or prepay
subordinated debt and include
subordinated debt in tier 2 capital. The
OCC uses information contained in
various applications submitted by
institutions to decide whether to grant
approval for requests to issue or prepay
subordinated debt and/or include
subordinated debt in tier 2 capital.
The OCC uses the request for approval
to issue or prepay subordinated debt or
include subordinated debt in tier 2
capital, outlined in 12 CFR 5.47 and
163.81, to determine whether to grant or
deny an institution’s request. In
addition, when the prepayment is in the
form of a call option, the OCC uses the
information provided to determine
whether to require the institution to
replace the instrument with an
instrument that meets the criteria for
tier 1 or tier 2 capital, and if so, whether
the replacement instrument would
qualify as tier 1 or tier 2 capital. The
information collected is used to ensure
compliance with legal and regulatory
requirements. In the case of a
prepayment in the form of a call option,
the OCC uses the additional information
collected to implement a requirement in
the OCC’s Basel III regulations, as
described below.
Through the interim final rule, the
OCC revised the requirements of § 5.47.
Specifically, all national banks now
must receive prior OCC approval in
order to prepay subordinated debt that
is included in tier 2 capital, and certain
banks must receive prior approval to
prepay subordinated debt that is not
included in tier 2 capital. If the
prepayment is in the form of a call
option, a national bank must submit the
information required for general
prepayment requests under paragraph
(n)(1)(ii)(A) and also comply with
paragraph (n)(1)(ii)(B)(2), which
requires a national bank to submit
either: (1) A statement explaining why
the bank believes that following the
proposed prepayment the bank would
continue to hold an amount of capital
commensurate with its risk; or (2) a
description of the replacement capital
instrument that meets the criteria for
tier 1 or tier 2 capital under 12 CFR
3.20, including the amount of such
instrument and the time frame for
issuance. The OCC may require the bank
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]]>Agencies
[Federal Register Volume 79, Number 78 (Wednesday, April 23, 2014)]
[Notices]
[Pages 22761-22762]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-09253]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Policy Communications Survey
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, 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 a continuing
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 the renewal of its
information collection titled, ``Policy Communications Survey.'' The
OCC is also giving notice that it has sent the collection to OMB for
review.
DATES: Comments must be submitted on or before May 23, 2014.
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: 1557-0226, 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, 1557-0226, 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: Johnny Vilela or Mary H. Gottlieb, OCC
Clearance Officers, (202) 649-5490, for persons who are deaf or hard of
hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities
Division, Office of the Comptroller of the Currency, 400 7th Street
SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal
agencies must obtain approval from the OMB for each collection of
information they conduct or sponsor. ``Collection of information'' is
defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency
requests or requirements that members of the public submit reports,
keep records, or provide information to a third party.
The OCC is proposing to extend OMB approval of the following
information collection:
Title: Policy Communications Survey.
OMB Control Number: 1557-0226.
Description: This information collection provides the OCC with
information needed to evaluate properly the effectiveness of its policy
guidance, found in publications such as bulletins, advisories, and the
Comptroller's Handbook. This collection focuses on the evaluation of
one specific communications product known as bank supervision policy
guidance.
Type of Review: Regular review.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 1,769 (1221 national banks; 48
Federal branches and agencies of foreign banks; 500 Federal savings
associations)
Estimated Total Annual Responses: 1,769.
Estimated Frequency of Response: Once annually.
Estimated Time per Respondent: 15 minutes.
Estimated Total Annual Burden: 442.25 hours.
The OCC issued a 60-day Federal Register notice on February 14,
2014. 79 FR 9047. No comments were received. Comments continue to be
invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
[[Page 22762]]
(b) The accuracy of the OCC's estimate of the burden of the
information collection;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection 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.
Dated: April 17, 2014.
Stuart E. Feldstein,
Director, Legislative and Regulatory Activities Division.
[FR Doc. 2014-09253 Filed 4-22-14; 8:45 am]
BILLING CODE 4810-33-P
