Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Lending Limits, 39104-39105 [2016-14162]

Download as PDF 39104 Federal Register / Vol. 81, No. 115 / Wednesday, June 15, 2016 / Notices DEPARTMENT OF TRANSPORTATION Federal Railroad Administration [Docket Number FRA–2010–0034] Port Authority Trans-Hudson Corporation’s Request for Positive Train Control Safety Plan Approval and System Certification Federal Railroad Administration (FRA), U.S. Department of Transportation (DOT). ACTION: Notice of availability and request for comments. AGENCY: This document provides the public with notice that the Port Authority Trans-Hudson Corporation (PATH) submitted to FRA its Positive Train Control Safety Plan (PTCSP), Revision 3.0, dated March 23, 2016. PATH asks FRA to approve its PTCSP and issue a Positive Train Control (PTC) System Certification for PATH’s Communication Based Train Control (CBTC) system, under Title 49 Code of Federal Regulations (CFR) 236.1009, Procedural requirements, and 236.1015, PTC Safety Plan content requirements and PTC System Certification. This notice was assigned to Docket Number FRA–2010–0034. DATES: FRA will consider communications received by July 15, 2016 before taking final action on the PTCSP. FRA may consider comments received after that date if practicable. ADDRESSES: All communications concerning this proceeding should refer to Docket Number FRA–2010–0034 and may be submitted by any of the following methods: • Web site: http:// www.regulations.gov. Follow the online instructions for submitting comments. • Fax: 202–493–2251. • Mail: Docket Operations Facility, U.S. Department of Transportation, 1200 New Jersey Avenue SE., W12–140, Washington, DC 20590. • Hand Delivery: 1200 New Jersey Avenue SE., Room W12–140, Washington, DC 20590, between 9 a.m. and 5 p.m., Monday through Friday, except Federal Holidays. FOR FURTHER INFORMATION CONTACT: Dr. Mark Hartong, Senior Scientific and Technical Advisor at (202) 493–1332, or Mark.Hartong@dot.gov; or Mr. David Blackmore, Railroad Safety Program Manager for Applied Technology at (312) 835–3903, or David.Blackmore@ dot.gov. ehiers on DSK5VPTVN1PROD with NOTICES SUMMARY: In its revised Positive Train Control Implementation Plan, referenced in its PTCSP, PATH asserts its CBTC system SUPPLEMENTARY INFORMATION: VerDate Sep<11>2014 15:15 Jun 14, 2016 Jkt 238001 is a vital standalone PTC system as defined in 49 CFR 236.1015(e). The PTCSP describes PATH’s CBTC implementation and the associated CBTC safety processes, safety analyses, and test, validation, and verification processes used during development of CBTC. The PTCSP also contains PATH’s operational and support requirements and procedures. PATH’s PTCSP and the accompanying request for approval and system certification are available for review online at www.regulations.gov (Docket Number FRA–2010–0034) and in person at DOT’s Docket Operations Facility, 1200 New Jersey Avenue SE., W12–140, Washington, DC 20590. The Docket Operations Facility is open from 9 a.m. to 5 p.m., Monday through Friday, except Federal Holidays. Interested parties are invited to comment on the PTCSP by submitting written comments or data. During its review of the PTCSP, FRA will consider any comments or data submitted. However, FRA may elect to not respond to any particular comment and, under 49 CFR 236.1009(d)(3), FRA maintains the authority to approve or disapprove the PTCSP at its sole discretion. FRA does not anticipate scheduling a public hearing regarding PATH’s PTCSP because the circumstances do not appear to warrant a hearing. If any interested party desires an opportunity for oral comment, the party should notify FRA in writing before the end of the comment period and specify the basis for his or her request. Privacy Act Notice Anyone may search the electronic form of any written communications and comments received into any of our dockets by the name of the individual submitting the comment (or signing the document, if submitted on behalf of an association, business, labor union, etc.). Under 49 CFR 211.3, Participation by interested persons, FRA solicits comments from the public to better inform its decisions. DOT posts these comments without edit, including any personal information the commenter provides, to www.regulations.gov as described in the system of records notice (DOT/ALL–14 FDMS), which you can review at www.dot.gov/privacy. See http://www.regulations.gov/ #!privacyNotice for the privacy notice of regulations.gov. Robert C. Lauby, Associate Administrator for Railroad Safety, Chief Safety Officer. [FR Doc. 2016–14122 Filed 6–14–16; 8:45 am] BILLING CODE 4910–06–P PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Lending Limits 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 comment on the renewal of an information collection, as required by the Paperwork Reduction Act of 1995 (PRA). An agency may not conduct or sponsor, and a 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, ‘‘Lending Limits.’’ The OCC also is giving notice that it has sent the collection to OMB for review. DATES: Comments must be submitted by July 15, 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: 1557–0221, 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 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 SUMMARY: E:\FR\FM\15JNN1.SGM 15JNN1 Federal Register / Vol. 81, No. 115 / Wednesday, June 15, 2016 / Notices ehiers on DSK5VPTVN1PROD with NOTICES you consider confidential or inappropriate for public disclosure. Additionally, please send a copy of your comments by mail to: OCC Desk Officer, 1557–0221, 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: 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: The OCC is publishing notice of the renewal of the collection of information set forth in this document. Title: Lending Limits. OMB Control No.: 1557–0221 (12 CFR 32.7) (Merging in 1557–0317 (12 CFR 32.7)). Affected Public: Businesses or other for-profit. Type of Review: Extension of a currently approved collection. Abstract: 12 CFR 32.7(a) provides that, in addition to the amount that a national bank or savings association may lend to one borrower under 12 CFR 32.3, an eligible national bank or savings association may make residential real estate loans, small business loans, small farm loans or extensions of credit thereof to one borrower in the lesser of the following two amounts: 10 percent of its capital and surplus; or the percent of its capital and surplus, in excess of 15 percent, that a State bank or savings association is permitted to lend under the State lending limit that is available for residential real estate loans or unsecured loans in the state where the main office of the national bank or savings association is located.1 An eligible national bank or savings association must submit an application to, and receive approval from, its supervisory office before using the supplemental lending limits in § 32.7(a). The supervisory office may approve a completed application if it finds that approval is consistent with safety and soundness. Section 32.7(b) provides that the application must include: (1) Certification that the national bank or savings association is an eligible 1 An eligible national bank or eligible savings association is well capitalized as defined in the prompt corrective action rules applicable to the institution and has a composite rating of 1 or 2 under the Uniform Financial Institutions Rating System in connection with its most recent examination or subsequent review, with at least a rating of 2 for asset quality and for management. VerDate Sep<11>2014 15:15 Jun 14, 2016 Jkt 238001 national bank or eligible savings association; (2) Citations to relevant State laws or regulations; (3) A copy of a written resolution by a majority of the national bank’s or savings association’s board of directors approving the use of the limits, and confirming the terms and conditions for use of this lending authority; and (4) A description of how the board will exercise its continuing responsibility to oversee the use of this lending authority. 12 CFR 32.9(b) provides national banks and savings associations with three alternative methods for calculating the credit exposure of derivative transactions other than credit derivatives (the Internal Model Method, the Conversion Factor Matrix Method, and the Remaining Maturity Method) and two alternative methods for calculating such exposure for securities financing transactions. The OCC provided these models to reduce the practical burden of such calculations, particularly for small and mid-size banks and savings associations. Under 12 CFR 32.9(b)(1)(i)(C)(1), the use of a model (other than the model approved for purposes of the Advanced Measurement Approach in the capital rules) must be approved by the OCC specifically for part 32 purposes and must be approved in writing. If a national bank or Federal savings association proposes to use an internal model that has been approved by the OCC for purposes of the Advanced Measurement Approach, the institution must provide prior written notification to the OCC prior to use of the model for lending limits purposes. OCC approval also is required before substantive revisions are made to a model that is used for lending limits purposes. Estimated Number of Respondents: 295. Estimated Annual Burden: 1,958 hours. On April 4, 2016, the OCC published a notice for 60 days of comment concerning the collection, 81 FR 19288. 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; (b) The accuracy of the OCC’s estimate of the information collection burden; (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 PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 39105 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: June 10, 2016. Mary Hoyle Gottlieb, Regulatory Specialist, Legislative and Regulatory Activities Division. [FR Doc. 2016–14162 Filed 6–14–16; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: 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 IRS is soliciting comments concerning information collect requirements related to the treatment of distributions to foreign persons under sections 367(e)(1) and 367(e)(2). DATES: Written comments should be received on or before August 15, 2016 to be assured of consideration. ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulation should be directed to Allan Hopkins, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet, at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Treatment of Distributions to Foreign Persons Under Sections 367(e)(1) and 367(e)(2). OMB Number: 1545–1487. Regulation Project Number: REG– 209827–96 and REG–111672–99. Abstract: Section 367(e)(1) provides that, to the extent provided in regulations, a domestic corporation SUMMARY: E:\FR\FM\15JNN1.SGM 15JNN1

Agencies

[Federal Register Volume 81, Number 115 (Wednesday, June 15, 2016)]
[Notices]
[Pages 39104-39105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-14162]


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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; Lending Limits

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 comment on the renewal of an information collection, as 
required by the Paperwork Reduction Act of 1995 (PRA).
    An agency may not conduct or sponsor, and a 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, ``Lending Limits.'' The OCC also is giving notice 
that it has sent the collection to OMB for review.

DATES: Comments must be submitted by July 15, 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: 1557-0221, 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 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

[[Page 39105]]

you consider confidential or inappropriate for public disclosure.
    Additionally, please send a copy of your comments by mail to: OCC 
Desk Officer, 1557-0221, 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: 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: The OCC is publishing notice of the renewal 
of the collection of information set forth in this document.
    Title: Lending Limits.
    OMB Control No.: 1557-0221 (12 CFR 32.7) (Merging in 1557-0317 (12 
CFR 32.7)).
    Affected Public: Businesses or other for-profit.
    Type of Review: Extension of a currently approved collection.
    Abstract: 12 CFR 32.7(a) provides that, in addition to the amount 
that a national bank or savings association may lend to one borrower 
under 12 CFR 32.3, an eligible national bank or savings association may 
make residential real estate loans, small business loans, small farm 
loans or extensions of credit thereof to one borrower in the lesser of 
the following two amounts: 10 percent of its capital and surplus; or 
the percent of its capital and surplus, in excess of 15 percent, that a 
State bank or savings association is permitted to lend under the State 
lending limit that is available for residential real estate loans or 
unsecured loans in the state where the main office of the national bank 
or savings association is located.\1\
---------------------------------------------------------------------------

    \1\ An eligible national bank or eligible savings association is 
well capitalized as defined in the prompt corrective action rules 
applicable to the institution and has a composite rating of 1 or 2 
under the Uniform Financial Institutions Rating System in connection 
with its most recent examination or subsequent review, with at least 
a rating of 2 for asset quality and for management.
---------------------------------------------------------------------------

    An eligible national bank or savings association must submit an 
application to, and receive approval from, its supervisory office 
before using the supplemental lending limits in Sec.  32.7(a). The 
supervisory office may approve a completed application if it finds that 
approval is consistent with safety and soundness. Section 32.7(b) 
provides that the application must include:
    (1) Certification that the national bank or savings association is 
an eligible national bank or eligible savings association;
    (2) Citations to relevant State laws or regulations;
    (3) A copy of a written resolution by a majority of the national 
bank's or savings association's board of directors approving the use of 
the limits, and confirming the terms and conditions for use of this 
lending authority; and
    (4) A description of how the board will exercise its continuing 
responsibility to oversee the use of this lending authority.
    12 CFR 32.9(b) provides national banks and savings associations 
with three alternative methods for calculating the credit exposure of 
derivative transactions other than credit derivatives (the Internal 
Model Method, the Conversion Factor Matrix Method, and the Remaining 
Maturity Method) and two alternative methods for calculating such 
exposure for securities financing transactions. The OCC provided these 
models to reduce the practical burden of such calculations, 
particularly for small and mid-size banks and savings associations.
    Under 12 CFR 32.9(b)(1)(i)(C)(1), the use of a model (other than 
the model approved for purposes of the Advanced Measurement Approach in 
the capital rules) must be approved by the OCC specifically for part 32 
purposes and must be approved in writing. If a national bank or Federal 
savings association proposes to use an internal model that has been 
approved by the OCC for purposes of the Advanced Measurement Approach, 
the institution must provide prior written notification to the OCC 
prior to use of the model for lending limits purposes. OCC approval 
also is required before substantive revisions are made to a model that 
is used for lending limits purposes.
    Estimated Number of Respondents: 295.
    Estimated Annual Burden: 1,958 hours.
    On April 4, 2016, the OCC published a notice for 60 days of comment 
concerning the collection, 81 FR 19288. 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;
    (b) The accuracy of the OCC's estimate of the information 
collection burden;
    (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: June 10, 2016.
Mary Hoyle Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division.
[FR Doc. 2016-14162 Filed 6-14-16; 8:45 am]
BILLING CODE 4810-33-P