Proposed Collection; Comment Request, 70932-70933 [2014-28121]
Download as PDF
70932
Federal Register / Vol. 79, No. 229 / Friday, November 28, 2014 / Notices
If the verified notice contains false or
misleading information, the exemption
is void ab initio.
Board decisions and notices are
available on our Web site at
www.stb.dot.gov.
Decided: November 24, 2014.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2014–28118 Filed 11–26–14; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35872]
tkelley on DSK3SPTVN1PROD with NOTICES
Everett Railroad Company and
Hollidaysburg and Roaring Spring
Railroad Company—Intra-Corporate
Family Transaction Exemption
Everett Railroad Company (Everett)
and Hollidaysburg and Roaring Spring
Railroad Company (Hollidaysburg)
(collectively, Applicants) have jointly
filed a verified notice of exemption
under 49 CFR 1180.2(d)(3) for a
corporate family transaction.
Applicants state that Everett and
Hollidaysburg are Class III rail carriers
under the control of Alan W. Maples.
The transaction involves the merger of
Everett and Hollidaysburg, with Everett
emerging as the surviving rail carrier.
According to Applicants, the purpose
of the transaction is to streamline
administration and enhance the
financial condition of two railroads that
are already largely integrated by
consolidating the two into a single
company. Applicants state that the
proposed merger will eliminate the need
for the preparation of separate tax
returns for Everett and Hollidaysburg
and the need for the two companies to
maintain separate corporate records.
Applicants state that there also are
certain operational and recordkeeping
advantages to the transaction.
Unless stayed, the exemption will be
effective on December 14, 2014 (30 days
after the verified notice was filed).
Applicants state that they plan to
consummate the proposed transaction
on or after December 14, 2014.
This is a transaction within a
corporate family of the type specifically
exempted from prior review and
approval under 49 CFR 1180.2(d)(3).
Applicants state that the transaction
will not result in adverse changes in
service levels, significant operational
changes, or changes in the competitive
balance with carriers outside the
corporate family.
VerDate Sep<11>2014
16:58 Nov 26, 2014
Jkt 235001
Under 49 U.S.C. 10502(g), the Board
may not use its exemption authority to
relieve a rail carrier of its statutory
obligation to protect the interests of its
employees. Section 11326(c), however,
does not provide for labor protection for
transactions under §§ 11324 and 11325
that involve only Class III rail carriers.
Accordingly, the Board may not impose
labor protective conditions here,
because the transaction involves only
Class III rail carriers.
If the notice contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the exemption.
Petitions for stay must be filed no later
than December 5, 2014 (at least seven
days before the exemption becomes
effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35872, must be filed with the Surface
Transportation Board, 395 E Street SW.,
Washington, DC 20423–0001. In
addition, one copy of each pleading
must be served on Robert A. Wimbish,
Fletcher & Sippel LLC, 29 North Wacker
Drive, Suite 920, Chicago, IL 60606–
2832.
Board decisions and notices are
available on our Web site at
WWW.STB.DOT.GOV.
Decided: November 24, 2014.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2014–28123 Filed 11–26–14; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Departmental Offices
Proposed Collection; Comment
Request
Notice and request for
comments.
ACTION:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork burdens, invites
the general public and other Federal
agencies to comment on revisions in
2015 of a currently approved
information collection that is proposed
for approval by the Office of
Management and Budget. The Office of
International Affairs within the
Department of the Treasury is soliciting
comments concerning the revision of
the Treasury International Capital (TIC)
Form SHL/SHLA.
SUMMARY:
PO 00000
Frm 00089
Fmt 4703
Sfmt 4703
Written comments should be
received on or before January 27, 2015
to be assured of consideration.
ADDRESSES: Direct all written comments
to Dwight Wolkow, International
Portfolio Investment Data Systems,
Department of the Treasury, Room 5422
MT, 1500 Pennsylvania Avenue NW.,
Washington, DC 20220. In view of
possible delays in mail delivery, you
may also wish to send a copy to Mr.
Wolkow by email (comments2TIC@
do.treas.gov) or FAX (202–622–2009).
Mr. Wolkow can also be reached by
telephone (202–622–1276).
FOR FURTHER INFORMATION CONTACT:
Copies of the proposed form and
instructions are available at Part II of the
Treasury International Capital (TIC)
Forms Web page ‘‘Forms SHL/SHLA &
SHC/SHCA’’, at: https://
www.treasury.gov/resource-center/datachart-center/tic/Pages/forms-sh.aspx.
Requests for additional information
should be directed to Mr. Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital
(TIC) Form SHL/SHLA, ‘‘ForeignResidents’ Holdings of U.S. Securities,
including Selected Money Market
Instruments’’.
OMB Control Number: 1505–0123.
Abstract: This form collects foreignresidents’ holdings of U.S. securities.
These data are used by the U.S.
Government in the formulation of
international financial and monetary
policies, and for the computation of the
U.S. balance of payments accounts and
of the U.S. international investment
position. These data are also used to
provide information to the public and to
meet international reporting
commitments. The data collection
includes large benchmark surveys
conducted every five years, and smaller
annual surveys conducted in the nonbenchmark years. The data collected
under an annual survey are used in
conjunction with the results of the
preceding benchmark survey to make
economy-wide estimates for that nonbenchmark year. Currently, the
determination of who must report in the
annual surveys is based primarily on the
data submitted during the preceding
benchmark survey. The data requested
in the annual survey will generally be
the same as requested in the preceding
benchmark report. Form SHL is used for
the benchmark survey of all significant
U.S.-resident custodians and U.S.resident issuers of securities regarding
foreign-residents’ holdings of U.S.
securities. In non-benchmark years,
Form SHLA is used for the annual
surveys of primarily the largest U.S.resident custodians and issuers.
DATES:
E:\FR\FM\28NON1.SGM
28NON1
tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 229 / Friday, November 28, 2014 / Notices
Current Actions: The proposed
changes will: (1) Modify the
determination of who must report on
the annual surveys to include
consideration of those filing the
monthly TIC Form SLT report; (2)
streamline Forms SHL/SHLA to provide
consistency among the annual surveys
and the TIC Form SLT (details of the
changes follow below); and (3) update
and clarify the instructions, including
updating how to submit reports and the
line-by-line instructions. The changes
will improve overall survey reporting.
The remainder of the Current Actions
section shows in more detail the
proposed changes to streamline Form
SHL/SHLA, organized by schedule.
The following changes apply to
Schedule 1: Reporter Contact
Information and Summary of Financial
Information:
a. Minor changes in wording
concerning the reporter’s identification
number, name, and contacts.
b. Lines that previously lacked
numbers now have them, resulting in
renumbering of subsequent lines.
c. In ‘‘Reporter Type’’: ‘‘Banks’’ is
replaced with ‘‘Depository Institution’’,
‘‘Mutual fund or investment trust’’ is
replaced with ‘‘Fund/Fund Manager/
Sponsor (excluding pension fund)’’, and
‘‘Other Financial Organization’’ is
specified to include ‘‘BHCs (Bank
Holding Companies) and FHCs
(Financial Holding Companies)’’. The
category ‘‘Pension Fund’’ is added.
d. The line for a contact fax number
is eliminated.
The following changes apply to
Schedule 2: Details of Securities:
a. Minor changes in wording
throughout to remove instruction
comments.
b. Lines are renumbered
c. The line for ‘‘Security ID System’’
is now consistent across Forms SHCA
and SHLA. The new categories are: 1 =
CUSIP, 2 = ISIN, 3 = CINS, 4 = Common
Code, 5 = SEDOL, 6 = Internally
Generated, and 7 = Other.
d. The lines applying to debt
securities (including asset-backed
securities) are reorganized, though the
substance of the information to be
reported remains unchanged.
e. The ‘‘Term Indicator’’ line is
eliminated.
f. The ‘‘Intentionally Left Blank’’ lines
are eliminated.
g. ‘‘Market values’’ is replaced by
‘‘Fair values’’.
h. Within ‘‘Type of Issuer’’: ‘‘Other’’ is
eliminated and the categories of
‘‘Depository Institution’’, ‘‘Other
Financial Organization (including BHC
and FHC)’’, and ‘‘Nonfinancial
Organization’’ are added.
VerDate Sep<11>2014
16:58 Nov 26, 2014
Jkt 235001
i. The ‘‘Issuer Code’’ is renamed to
‘‘Reporting As’’.
j. For Schedule 2, electronic filing is
required if 100 or more records are
submitted, revised from the previous
200 or more records.
k. Minor changes in wording
throughout to remove instruction
comments.
l. Change in Electronic Submission
Method: Reporting Central is replacing
the Internet Electronic Submission
(IESUB) application. The Federal
Reserve developed Reporting Central to
enhance the overall reporting
functionality of the Federal Reserve
Banks’ data collection and processing
activities. These enhancements will
allow for a more secure, technically
advanced, and efficient system that will
encompass a single point of entry for
electronic submission and file uploads.
Additional information about the
Reporting Central application, including
an online resource center, is available
at: https://www.frbservices.org/
centralbank/reportingcentral/
index.html, or from your contact at the
Federal Reserve Bank of New York.
Type of Review: Revision of a
currently approved data collection.
Affected Public: Business/Financial
Institutions.
Form: TIC SHL/SHLA, Schedules 1
and 2 (1505–0123).
Estimated Number of Respondents:
An annual average (over five years) of
191, but this varies widely from about
540 in benchmark years (once every five
years) to about 104 in other years (four
out of every five years).
Estimated Average Time per
Respondent: An annual average (over
five years) of about 168 hours, but this
will vary widely from respondent to
respondent. (a) In the year of a
benchmark survey, which is conducted
once every five years, it is estimated that
exempt respondents will require an
average of 17 hours; for custodians of
securities, the estimate is a total of 321
hours on average, but this figure will
vary widely for individual custodians;
and for issuers of securities that have
data to report and are not custodians,
the estimate is 61 hours on average. (b)
In a non-benchmark year, which occurs
four years out of every five years, it is
estimated that the largest custodians of
securities will require a total of 486
hours on average; and for the largest
issuers of securities that have data to
report and are not custodians, the
estimate is 110 hours on average. The
exemption level for custodians and for
end-investors is the holding of less than
$100 million in reportable U.S.
securities owned by foreign residents.
PO 00000
Frm 00090
Fmt 4703
Sfmt 4703
70933
The exemption level applies only in
benchmark years.
Estimated Total Annual Burden
Hours: An annual average (over five
years) of 32,050 hours.
Frequency of Response: Annual.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for Office of Management and
Budget approval. All comments will
become a matter of public record. The
public is invited to submit written
comments concerning: (a) Whether the
Survey is necessary for the proper
performance of the functions of the
Office of International Affairs within the
Department of the Treasury, including
whether the information collected will
have practical uses; (b) the accuracy of
the above estimate of the burdens; (c)
ways to enhance the quality, usefulness
and clarity of the information to be
collected; (d) ways to minimize the
reporting and/or record keeping burdens
on respondents, including the use of
information technologies to automate
the collection of the data requested; and
(e) estimates of capital or start-up costs
of operation, maintenance and purchase
of services to provide the information
requested.
Dwight Wolkow,
Administrator, International Portfolio
Investment Data Systems.
[FR Doc. 2014–28121 Filed 11–26–14; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
November 24, 2014.
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 29, 2014 to be
assured of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestions 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
E:\FR\FM\28NON1.SGM
28NON1
Agencies
[Federal Register Volume 79, Number 229 (Friday, November 28, 2014)]
[Notices]
[Pages 70932-70933]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-28121]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Departmental Offices
Proposed Collection; Comment Request
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork burdens, invites the general public and
other Federal agencies to comment on revisions in 2015 of a currently
approved information collection that is proposed for approval by the
Office of Management and Budget. The Office of International Affairs
within the Department of the Treasury is soliciting comments concerning
the revision of the Treasury International Capital (TIC) Form SHL/SHLA.
DATES: Written comments should be received on or before January 27,
2015 to be assured of consideration.
ADDRESSES: Direct all written comments to Dwight Wolkow, International
Portfolio Investment Data Systems, Department of the Treasury, Room
5422 MT, 1500 Pennsylvania Avenue NW., Washington, DC 20220. In view of
possible delays in mail delivery, you may also wish to send a copy to
Mr. Wolkow by email (comments2TIC@do.treas.gov) or FAX (202-622-2009).
Mr. Wolkow can also be reached by telephone (202-622-1276).
FOR FURTHER INFORMATION CONTACT: Copies of the proposed form and
instructions are available at Part II of the Treasury International
Capital (TIC) Forms Web page ``Forms SHL/SHLA & SHC/SHCA'', at: https://www.treasury.gov/resource-center/data-chart-center/tic/Pages/forms-sh.aspx. Requests for additional information should be directed to Mr.
Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital (TIC) Form SHL/SHLA,
``Foreign-Residents' Holdings of U.S. Securities, including Selected
Money Market Instruments''.
OMB Control Number: 1505-0123.
Abstract: This form collects foreign-residents' holdings of U.S.
securities. These data are used by the U.S. Government in the
formulation of international financial and monetary policies, and for
the computation of the U.S. balance of payments accounts and of the
U.S. international investment position. These data are also used to
provide information to the public and to meet international reporting
commitments. The data collection includes large benchmark surveys
conducted every five years, and smaller annual surveys conducted in the
non-benchmark years. The data collected under an annual survey are used
in conjunction with the results of the preceding benchmark survey to
make economy-wide estimates for that non-benchmark year. Currently, the
determination of who must report in the annual surveys is based
primarily on the data submitted during the preceding benchmark survey.
The data requested in the annual survey will generally be the same as
requested in the preceding benchmark report. Form SHL is used for the
benchmark survey of all significant U.S.-resident custodians and U.S.-
resident issuers of securities regarding foreign-residents' holdings of
U.S. securities. In non-benchmark years, Form SHLA is used for the
annual surveys of primarily the largest U.S.-resident custodians and
issuers.
[[Page 70933]]
Current Actions: The proposed changes will: (1) Modify the
determination of who must report on the annual surveys to include
consideration of those filing the monthly TIC Form SLT report; (2)
streamline Forms SHL/SHLA to provide consistency among the annual
surveys and the TIC Form SLT (details of the changes follow below); and
(3) update and clarify the instructions, including updating how to
submit reports and the line-by-line instructions. The changes will
improve overall survey reporting.
The remainder of the Current Actions section shows in more detail
the proposed changes to streamline Form SHL/SHLA, organized by
schedule.
The following changes apply to Schedule 1: Reporter Contact
Information and Summary of Financial Information:
a. Minor changes in wording concerning the reporter's
identification number, name, and contacts.
b. Lines that previously lacked numbers now have them, resulting in
renumbering of subsequent lines.
c. In ``Reporter Type'': ``Banks'' is replaced with ``Depository
Institution'', ``Mutual fund or investment trust'' is replaced with
``Fund/Fund Manager/Sponsor (excluding pension fund)'', and ``Other
Financial Organization'' is specified to include ``BHCs (Bank Holding
Companies) and FHCs (Financial Holding Companies)''. The category
``Pension Fund'' is added.
d. The line for a contact fax number is eliminated.
The following changes apply to Schedule 2: Details of Securities:
a. Minor changes in wording throughout to remove instruction
comments.
b. Lines are renumbered
c. The line for ``Security ID System'' is now consistent across
Forms SHCA and SHLA. The new categories are: 1 = CUSIP, 2 = ISIN, 3 =
CINS, 4 = Common Code, 5 = SEDOL, 6 = Internally Generated, and 7 =
Other.
d. The lines applying to debt securities (including asset-backed
securities) are reorganized, though the substance of the information to
be reported remains unchanged.
e. The ``Term Indicator'' line is eliminated.
f. The ``Intentionally Left Blank'' lines are eliminated.
g. ``Market values'' is replaced by ``Fair values''.
h. Within ``Type of Issuer'': ``Other'' is eliminated and the
categories of ``Depository Institution'', ``Other Financial
Organization (including BHC and FHC)'', and ``Nonfinancial
Organization'' are added.
i. The ``Issuer Code'' is renamed to ``Reporting As''.
j. For Schedule 2, electronic filing is required if 100 or more
records are submitted, revised from the previous 200 or more records.
k. Minor changes in wording throughout to remove instruction
comments.
l. Change in Electronic Submission Method: Reporting Central is
replacing the Internet Electronic Submission (IESUB) application. The
Federal Reserve developed Reporting Central to enhance the overall
reporting functionality of the Federal Reserve Banks' data collection
and processing activities. These enhancements will allow for a more
secure, technically advanced, and efficient system that will encompass
a single point of entry for electronic submission and file uploads.
Additional information about the Reporting Central application,
including an online resource center, is available at: https://www.frbservices.org/centralbank/reportingcentral/, or from
your contact at the Federal Reserve Bank of New York.
Type of Review: Revision of a currently approved data collection.
Affected Public: Business/Financial Institutions.
Form: TIC SHL/SHLA, Schedules 1 and 2 (1505-0123).
Estimated Number of Respondents: An annual average (over five
years) of 191, but this varies widely from about 540 in benchmark years
(once every five years) to about 104 in other years (four out of every
five years).
Estimated Average Time per Respondent: An annual average (over five
years) of about 168 hours, but this will vary widely from respondent to
respondent. (a) In the year of a benchmark survey, which is conducted
once every five years, it is estimated that exempt respondents will
require an average of 17 hours; for custodians of securities, the
estimate is a total of 321 hours on average, but this figure will vary
widely for individual custodians; and for issuers of securities that
have data to report and are not custodians, the estimate is 61 hours on
average. (b) In a non-benchmark year, which occurs four years out of
every five years, it is estimated that the largest custodians of
securities will require a total of 486 hours on average; and for the
largest issuers of securities that have data to report and are not
custodians, the estimate is 110 hours on average. The exemption level
for custodians and for end-investors is the holding of less than $100
million in reportable U.S. securities owned by foreign residents. The
exemption level applies only in benchmark years.
Estimated Total Annual Burden Hours: An annual average (over five
years) of 32,050 hours.
Frequency of Response: Annual.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for Office of
Management and Budget approval. All comments will become a matter of
public record. The public is invited to submit written comments
concerning: (a) Whether the Survey is necessary for the proper
performance of the functions of the Office of International Affairs
within the Department of the Treasury, including whether the
information collected will have practical uses; (b) the accuracy of the
above estimate of the burdens; (c) ways to enhance the quality,
usefulness and clarity of the information to be collected; (d) ways to
minimize the reporting and/or record keeping burdens on respondents,
including the use of information technologies to automate the
collection of the data requested; and (e) estimates of capital or
start-up costs of operation, maintenance and purchase of services to
provide the information requested.
Dwight Wolkow,
Administrator, International Portfolio Investment Data Systems.
[FR Doc. 2014-28121 Filed 11-26-14; 8:45 am]
BILLING CODE 4810-25-P