Agency Information Collection Activities; Information Collection Renewal; Comment Request; Leasing, 3236-3237 [2016-00884]
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3236
Federal Register / Vol. 81, No. 12 / Wednesday, January 20, 2016 / Notices
Written comments should be
submitted by February 19, 2016.
ADDRESSES: Interested persons are
invited to submit written comments on
the proposed information collection to
the Office of Information and Regulatory
Affairs, Office of Management and
Budget. Comments should be addressed
to the attention of the Desk Officer,
Department of Transportation/FAA, and
sent via electronic mail to oira_
submission@omb.eop.gov, or faxed to
(202) 395–6974, or mailed to the Office
of Information and Regulatory Affairs,
Office of Management and Budget,
Docket Library, Room 10102, 725 17th
Street NW., Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Ronda Thompson at (202) 267–1416, or
by email at: Ronda.Thompson@faa.gov.
SUPPLEMENTARY INFORMATION:
Public Comments Invited: You are
asked to comment on any aspect of this
information collection, including (a)
Whether the proposed collection of
information is necessary for FAA’s
performance; (b) the accuracy of the
estimated burden; (c) ways for FAA to
enhance the quality, utility and clarity
of the information collection; and (d)
ways that the burden could be
minimized without reducing the quality
of the collected information. The agency
will summarize and/or include your
comments in the request for OMB’s
clearance of this information collection.
OMB Control Number: 2120–0595.
Title: FAA Acquisition Management
System (FAAAMS).
Form Numbers: None.
Type of Review: Renewal of an
information collection.
Background: The Federal Register
Notice with a 60-day comment period
soliciting comments on the following
collection of information was published
on November 10, 2015 (80 FR 69771).
Section 348 of Public Law 104–50
directed FAA to establish an acquisition
system. The information collection is
carried out as an integral part of FAA’s
acquisition process. Various portions of
the AMS describe information needed
from vendors seeking or already doing
business with FAA. FAA contracting
offices collect the information to plan,
solicit, award, administer and close
individual contracts. The FAA small
business office collects information to
promote and increase small business
participation in FAA contracts.
Respondents: Approximately 15,298
vendors.
Frequency: Information is collected
on occasion.
Estimated Average Burden per
Response: 7.5 hours.
Estimated Total Annual Burden:
2,000,719 hours.
tkelley on DSK4VPTVN1PROD with NOTICES
DATES:
VerDate Sep<11>2014
18:12 Jan 19, 2016
Jkt 238001
Issued in Washington, DC, on January 13,
2016.
Ronda Thompson,
FAA Information Collection Clearance
Officer, Performance, Policy & Records
Management Branch, ASP–110.
[FR Doc. 2016–00985 Filed 1–19–16; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities; Information Collection
Renewal; Comment Request; Leasing
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, ‘‘Leasing.’’
DATES: Comments must be received by
March 21, 2016.
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:
1557–0206, 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 prainfo@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 or, for persons
who are deaf or hard of hearing, TTY,
(202) 649–5597. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and submit to security screening in
SUMMARY:
PO 00000
Frm 00143
Fmt 4703
Sfmt 4703
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
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490 or, 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. 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 collection of
information set forth in this document.
The OCC is proposing to extend OMB
approval of the following information
collection:
Title: Leasing.
OMB Number: 1557–0206.
Description: This submission covers
an existing regulation and involves no
change to the regulation or to the
information collection requirements.
The OCC requests only that OMB
approve its burden estimates and extend
the expiration date.
Under 12 CFR 23.4(c), national banks
must liquidate or release property that
is no longer subject to lease (off-lease
property) within five years from the date
of the lease expiration. If a national
bank wishes to extend the five-year
holding period for up to an additional
five years, it must obtain OCC approval.
Permitting a national bank to extend the
holding period may result in cost
savings. It also may provide flexibility
for a national bank that experiences
unusual or unforeseen conditions that
would make it imprudent to dispose of
the off-lease property prior to the
expiration of the five-year holding
E:\FR\FM\20JAN1.SGM
20JAN1
tkelley on DSK4VPTVN1PROD with NOTICES
Federal Register / Vol. 81, No. 12 / Wednesday, January 20, 2016 / Notices
period. Section 23.4(c) requires a
national bank seeking an extension to
provide a clearly convincing
demonstration as to why any additional
holding period is necessary. In addition,
a national bank must value off-lease
property at the lower of current fair
market value or book value promptly
after the property comes off-lease. These
requirements enable the OCC to ensure
that a national bank is not holding the
property for speculative reasons and
that the value of the property is
recorded in accordance with generally
accepted accounting principles (GAAP).
Under 12 CFR 23.6, leases are subject
to the lending limits prescribed by 12
U.S.C. 84, as implemented by 12 CFR
part 32, or, if the lessee is an affiliate of
the national bank, to the restrictions on
transactions with affiliates prescribed by
12 U.S.C. 371c and 371c–1. Twelve
U.S.C. 24 contains two separate
provisions authorizing a national bank
to acquire personal property for
purposes of lease financing. Twelve
U.S.C. 24(Seventh) authorizes leases of
personal property (Section 24(Seventh)
Leases) if the lease is a conforming lease
as defined in 12 CFR 23.2(d)(2) and
represents a noncancelable obligation of
the lessee (i.e., the lease serves as the
functional equivalent of a loan). See 12
CFR 23.20. A national bank also may
acquire personal property for purposes
of lease financing under the authority of
12 U.S.C. 24(Tenth) (CEBA Leases).
Section 23.5 requires that if a national
bank enters into both types of leases, its
records must distinguish between the
two types of leases. This information is
required to establish that the national
bank is complying with the limitations
and requirements applicable to the two
types of leases.
National banks use the information to
ensure their compliance with applicable
Federal banking law and regulations
and accounting principles. The OCC
uses the information in conducting
examinations and as an auditing tool to
verify compliance with laws and
regulations. In addition, the OCC uses
national bank requests for permission to
extend the holding period for off-lease
property to ensure national bank
compliance with relevant laws and
regulations and to ensure bank safety
and soundness.
Type of Review: Regular.
Affected Public: Individuals;
Businesses or other for-profit.
Estimated Number of Respondents:
345.
Estimated Total Annual Responses:
345.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 678.
VerDate Sep<11>2014
18:12 Jan 19, 2016
Jkt 238001
Comments submitted in response to
this notice will be summarized and
included in the submission to OMB.
Comments are requested on:
(a) Whether the information
collections are necessary for the proper
performance of the OCC’s functions,
including whether the information has
practical utility;
(b) The accuracy of the OCC’s
estimates of the burden of the
information collections, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections 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: January 13, 2016.
Mary H. Gottlieb,
Regulatory Specialist, Legislative and
Regulatory Activities Division.
[FR Doc. 2016–00884 Filed 1–19–16; 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;
Securities Exchange Act Disclosure
Rules and Securities of Federal
Savings Associations
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 respondents are 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, ‘‘Securities
Exchange Act Disclosure Rules and
SUMMARY:
PO 00000
Frm 00144
Fmt 4703
Sfmt 4703
3237
Securities of Federal Savings
Associations.’’
DATES: Comments must be received by
March 21, 2016.
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:
1557–0106, 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 prainfo@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 or, for persons
who are deaf or hard of hearing, TTY,
(202) 649–5597. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and 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
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490 or, 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. 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
E:\FR\FM\20JAN1.SGM
20JAN1
Agencies
[Federal Register Volume 81, Number 12 (Wednesday, January 20, 2016)]
[Notices]
[Pages 3236-3237]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-00884]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities; Information Collection
Renewal; Comment Request; Leasing
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, ``Leasing.''
DATES: Comments must be received by March 21, 2016.
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: 1557-0206, 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 prainfo@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 or, for persons who are deaf or hard of hearing,
TTY, (202) 649-5597. Upon arrival, visitors will be required to present
valid government-issued photo identification and 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 include any information in your comment or
supporting materials that you consider confidential or inappropriate
for public disclosure.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490 or, 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. 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 collection of information set forth
in this document.
The OCC is proposing to extend OMB approval of the following
information collection:
Title: Leasing.
OMB Number: 1557-0206.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB approve its burden
estimates and extend the expiration date.
Under 12 CFR 23.4(c), national banks must liquidate or release
property that is no longer subject to lease (off-lease property) within
five years from the date of the lease expiration. If a national bank
wishes to extend the five-year holding period for up to an additional
five years, it must obtain OCC approval. Permitting a national bank to
extend the holding period may result in cost savings. It also may
provide flexibility for a national bank that experiences unusual or
unforeseen conditions that would make it imprudent to dispose of the
off-lease property prior to the expiration of the five-year holding
[[Page 3237]]
period. Section 23.4(c) requires a national bank seeking an extension
to provide a clearly convincing demonstration as to why any additional
holding period is necessary. In addition, a national bank must value
off-lease property at the lower of current fair market value or book
value promptly after the property comes off-lease. These requirements
enable the OCC to ensure that a national bank is not holding the
property for speculative reasons and that the value of the property is
recorded in accordance with generally accepted accounting principles
(GAAP).
Under 12 CFR 23.6, leases are subject to the lending limits
prescribed by 12 U.S.C. 84, as implemented by 12 CFR part 32, or, if
the lessee is an affiliate of the national bank, to the restrictions on
transactions with affiliates prescribed by 12 U.S.C. 371c and 371c-1.
Twelve U.S.C. 24 contains two separate provisions authorizing a
national bank to acquire personal property for purposes of lease
financing. Twelve U.S.C. 24(Seventh) authorizes leases of personal
property (Section 24(Seventh) Leases) if the lease is a conforming
lease as defined in 12 CFR 23.2(d)(2) and represents a noncancelable
obligation of the lessee (i.e., the lease serves as the functional
equivalent of a loan). See 12 CFR 23.20. A national bank also may
acquire personal property for purposes of lease financing under the
authority of 12 U.S.C. 24(Tenth) (CEBA Leases). Section 23.5 requires
that if a national bank enters into both types of leases, its records
must distinguish between the two types of leases. This information is
required to establish that the national bank is complying with the
limitations and requirements applicable to the two types of leases.
National banks use the information to ensure their compliance with
applicable Federal banking law and regulations and accounting
principles. The OCC uses the information in conducting examinations and
as an auditing tool to verify compliance with laws and regulations. In
addition, the OCC uses national bank requests for permission to extend
the holding period for off-lease property to ensure national bank
compliance with relevant laws and regulations and to ensure bank safety
and soundness.
Type of Review: Regular.
Affected Public: Individuals; Businesses or other for-profit.
Estimated Number of Respondents: 345.
Estimated Total Annual Responses: 345.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 678.
Comments submitted in response to this notice will be summarized
and included in the submission to OMB. Comments are requested on:
(a) Whether the information collections are necessary for the
proper performance of the OCC's functions, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimates of the burden of the
information collections, including the validity of the methodology and
assumptions used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of information collections 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: January 13, 2016.
Mary H. Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division.
[FR Doc. 2016-00884 Filed 1-19-16; 8:45 am]
BILLING CODE 4810-33-P