Proposed Collection of Information: TreasuryDirect System, 44491 [2014-18052]

Agencies

• DEPARTMENT OF THE TREASURY
• Bureau of the Fiscal Service

[Federal Register Volume 79, Number 147 (Thursday, July 31, 2014)]
[Notices]
[Page 44491]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-18052]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Proposed Collection of Information: TreasuryDirect System

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 Bureau of the Fiscal Service within the 
Department of the Treasury is soliciting comments concerning the 
electronic process for selling/issuing, servicing, and making payments 
on or redeeming U.S. Treasury securities.

DATES: Written comments should be received on or before September 29, 
2014 to be assured of consideration.

ADDRESSES: Direct all written comments to Bureau of the Fiscal Service, 
Bruce A. Sharp, 200 Third Street A4-A, Parkersburg, WV 26106-1328, or 
bruce.sharp@fiscal.treasury.gov.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies should be directed to Bureau of the Fiscal Service, Helen 
Reilly, 200 Third Street, Parkersburg, WV 26106-1328, (304) 480-6179, 
or helen.reilly@fiscal.treasury.gov.

SUPPLEMENTARY INFORMATION: 
    Title: TreasuryDirect.
    OMB Number: 1535-0138.
    Abstract: The information collected in the electronic system is 
requested to establish a new account and process any associated 
transactions.
    Current Actions: The Bureau of the Fiscal Service (Fiscal Service) 
offers Americans the opportunity to buy and hold Treasury securities 
directly with the Department of the Treasury. The retail program is 
geared toward small investors, most of them individuals who buy savings 
bonds and marketable Treasury securities. Investors create and manage 
electronic accounts via the Fiscal Service TreasuryDirect system.
    Fiscal Service is exploring a strategy to reach new customers, 
develop new and innovative product delivery streams, and increase the 
number of available product offerings. In support of this strategy, 
Fiscal Service will introduce the Treasury Retail Investment Manager 
(TRIM) that will eventually replace the current TreasuryDirect system. 
TRIM will be more flexible and responsive to changing business needs 
for delivering digital investing needs.
    Type of Review: Revision of a previously approved collection.
    Affected Public: Individuals or Households.
    Estimated Number of Respondents: 2.06 million.
    Estimated Time per Respondent: 10 minutes.
    Estimated Total Annual Burden Hours: 97,000De.
    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 shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (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.

    Dated: July 28, 2014.
Bruce A. Sharp,
Bureau Clearance Officer.
[FR Doc. 2014-18052 Filed 7-30-14; 8:45 am]
BILLING CODE 4810-39-P