Proposed Collection; Comment Request, 30310 [2019-13599]
Download as PDF
<![CDATA[
30310
Federal Register / Vol. 84, No. 123 / Wednesday, June 26, 2019 / Notices
Estimated Total Number of Annual
Responses: 1,000.
Estimated Time per Response: 10
minutes.
Estimated Total Annual Burden
Hours: 167 hours.
Authority: 44 U.S.C. 3501 et seq.
Dated: June 20, 2019.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2019–13517 Filed 6–25–19; 8:45 am]
BILLING CODE 4810–AS–P
DEPARTMENT OF THE TREASURY
Proposed Collection; Comment
Request
Federal Insurance Office,
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 a currently
approved information collection that is
due for extension approval by the Office
of Management and Budget. The Federal
Insurance Office, which assists the
Secretary of the Treasury in the
administration of the Terrorism Risk
Insurance Program, is soliciting
comments concerning recordkeeping
requirements.
DATES: Written comments must be
received not later than August 26, 2019.
ADDRESSES: Interested persons may
submit comments electronically through
the Federal eRulemaking Portal at
https://www.regulations.gov, in
accordance with the instructions on that
site. In general, the Department will
post all comments to
www.regulations.gov without change,
including any business or personal
information provided such as names,
addresses, email addresses, or telephone
numbers. The Department will also
make such comments available for
public inspection and copying in the
Treasury’s Library, 1500 Pennsylvania
Avenue NW, Washington, DC 20220, on
official business days between the hours
of 10:00 a.m. and 5:00 p.m. Eastern
Time. You can make an appointment to
inspect comments by telephoning (202)
622–0990. All comments, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. You
should submit only information that
you wish to make available publicly.
Electronic submissions are
encouraged.
jbell on DSK3GLQ082PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
18:47 Jun 25, 2019
Jkt 247001
Comments may also be mailed to the
Department of the Treasury, Terrorism
Risk Insurance Program, MT 1410, 1500
Pennsylvania Avenue NW, Washington,
DC 20220.
FOR FURTHER INFORMATION CONTACT:
Richard Ifft, Senior Insurance
Regulatory Policy Analyst, Federal
Insurance Office, Room 1319,
Department of the Treasury, 1500
Pennsylvania Avenue NW, Washington,
DC 20220, at (202) 622–2922 (this is not
a toll-free number), or Lindsey Baldwin,
Senior Policy Analyst, Federal
Insurance Office, Room 1410,
Department of the Treasury, 1500
Pennsylvania Avenue NW, Washington,
DC 20220, at (202) 622–3220 (this is not
a toll-free number). Persons who have
difficulty hearing or speaking may
access this number via TTY by calling
the toll-free Federal Relay Service at
(800) 877–8339.
SUPPLEMENTARY INFORMATION:
OMB Number: 1505–0190.
Title: Terrorism Risk Insurance
Program—Rebuttal of Control
Submissions under the Terrorism Risk
Insurance Act.
Abstract: The Terrorism Risk
Insurance Act of 2002, as amended
(TRIA),1 established the Terrorism Risk
Insurance Program (TRIP),2 which the
Secretary of the Treasury administers,
with the assistance of the Federal
Insurance Office.3 Section 102(2) of
TRIA defines an ‘‘affiliate’’ with respect
to an insurer as ‘‘* * * any entity that
controls, is controlled by, or is under
common control with the insurer’’.
Section 102 (3) of the Act defines
‘‘control’’. Section 102(6) defines
‘‘insurer’’ to include ‘‘* * * any affiliate
thereof’’. These definitions, taken
together, comprise one element in
calculating costs and payments to the
insurer under the Program. As such,
there could be questions as to whether
an affiliate relation exists between
specific insurers, which will turn on
whether one insurer controls, is
controlled by, or is under common
control with the other insurer. The
regulation, at 31 CFR 50.7 sets forth
information which an insurer can
provide to refute certain rebuttable
presumptions of control described at 31
CFR 50.4(c). If not refuted, these
rebuttable presumptions would lead to
a determination that an affiliate
relationship exists. This clearance
1 15 U.S.C. 6701 note. Because the provisions of
TRIA (as amended) appear in a note, instead of
particular sections, of the United States Code, the
provisions of TRIA are identified by the sections of
the law.
2 See 31 CFR pt. 50.
3 31 U.S.C. 313(c)(1)(D).
PO 00000
Frm 00229
Fmt 4703
Sfmt 4703
action is for the data submission
required to rebut a presumption of
controlling influence specified in 31
CFR 50.7.
Type of Review: Extension of a
currently approved data collection.
Affected Public: Business/Financial
Institutions.
Estimated Number of Respondents:
10.
Estimated Average Time per
Respondent: 4 hours.
Estimated Total Annual Burden
Hours: 400 hours.
Request for Comments: An agency
may not conduct or sponsor, and a
person is not required to respond to, a
collection of information unless the
collection of information displays a
valid OMB control number. 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 collections; (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: June 20, 2019.
Steven E. Seitz,
Director, Federal Insurance Office.
[FR Doc. 2019–13599 Filed 6–25–19; 8:45 am]
BILLING CODE 4810–25–P
U.S.-CHINA ECONOMIC AND
SECURITY REVIEW COMMISSION
Notice of Open Public Meetings
U.S.-China Economic and
Security Review Commission.
ACTION: Notice of open public meetings.
AGENCY:
Notice is hereby given of
meetings of the U.S.-China Economic
and Security Review Commission to
review and edit drafts of the 2019
Annual Report to Congress. The
Commission is mandated by Congress to
investigate, assess, and report to
Congress annually on the ‘‘the national
security implications of the economic
SUMMARY:
E:\FR\FM\26JNN1.SGM
26JNN1
]]>Agencies
[Federal Register Volume 84, Number 123 (Wednesday, June 26, 2019)]
[Notices]
[Page 30310]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-13599]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Proposed Collection; Comment Request
AGENCY: Federal Insurance Office, Treasury.
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 a currently approved information
collection that is due for extension approval by the Office of
Management and Budget. The Federal Insurance Office, which assists the
Secretary of the Treasury in the administration of the Terrorism Risk
Insurance Program, is soliciting comments concerning recordkeeping
requirements.
DATES: Written comments must be received not later than August 26,
2019.
ADDRESSES: Interested persons may submit comments electronically
through the Federal eRulemaking Portal at https://www.regulations.gov,
in accordance with the instructions on that site. In general, the
Department will post all comments to www.regulations.gov without
change, including any business or personal information provided such as
names, addresses, email addresses, or telephone numbers. The Department
will also make such comments available for public inspection and
copying in the Treasury's Library, 1500 Pennsylvania Avenue NW,
Washington, DC 20220, on official business days between the hours of
10:00 a.m. and 5:00 p.m. Eastern Time. You can make an appointment to
inspect comments by telephoning (202) 622-0990. All comments, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. You should submit only
information that you wish to make available publicly.
Electronic submissions are encouraged.
Comments may also be mailed to the Department of the Treasury,
Terrorism Risk Insurance Program, MT 1410, 1500 Pennsylvania Avenue NW,
Washington, DC 20220.
FOR FURTHER INFORMATION CONTACT: Richard Ifft, Senior Insurance
Regulatory Policy Analyst, Federal Insurance Office, Room 1319,
Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC
20220, at (202) 622-2922 (this is not a toll-free number), or Lindsey
Baldwin, Senior Policy Analyst, Federal Insurance Office, Room 1410,
Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC
20220, at (202) 622-3220 (this is not a toll-free number). Persons who
have difficulty hearing or speaking may access this number via TTY by
calling the toll-free Federal Relay Service at (800) 877-8339.
SUPPLEMENTARY INFORMATION:
OMB Number: 1505-0190.
Title: Terrorism Risk Insurance Program--Rebuttal of Control
Submissions under the Terrorism Risk Insurance Act.
Abstract: The Terrorism Risk Insurance Act of 2002, as amended
(TRIA),\1\ established the Terrorism Risk Insurance Program (TRIP),\2\
which the Secretary of the Treasury administers, with the assistance of
the Federal Insurance Office.\3\ Section 102(2) of TRIA defines an
``affiliate'' with respect to an insurer as ``* * * any entity that
controls, is controlled by, or is under common control with the
insurer''. Section 102 (3) of the Act defines ``control''. Section
102(6) defines ``insurer'' to include ``* * * any affiliate thereof''.
These definitions, taken together, comprise one element in calculating
costs and payments to the insurer under the Program. As such, there
could be questions as to whether an affiliate relation exists between
specific insurers, which will turn on whether one insurer controls, is
controlled by, or is under common control with the other insurer. The
regulation, at 31 CFR 50.7 sets forth information which an insurer can
provide to refute certain rebuttable presumptions of control described
at 31 CFR 50.4(c). If not refuted, these rebuttable presumptions would
lead to a determination that an affiliate relationship exists. This
clearance action is for the data submission required to rebut a
presumption of controlling influence specified in 31 CFR 50.7.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 6701 note. Because the provisions of TRIA (as
amended) appear in a note, instead of particular sections, of the
United States Code, the provisions of TRIA are identified by the
sections of the law.
\2\ See 31 CFR pt. 50.
\3\ 31 U.S.C. 313(c)(1)(D).
---------------------------------------------------------------------------
Type of Review: Extension of a currently approved data collection.
Affected Public: Business/Financial Institutions.
Estimated Number of Respondents: 10.
Estimated Average Time per Respondent: 4 hours.
Estimated Total Annual Burden Hours: 400 hours.
Request for Comments: An agency may not conduct or sponsor, and a
person is not required to respond to, a collection of information
unless the collection of information displays a valid OMB control
number. 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
collections; (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: June 20, 2019.
Steven E. Seitz,
Director, Federal Insurance Office.
[FR Doc. 2019-13599 Filed 6-25-19; 8:45 am]
BILLING CODE 4810-25-P
