Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 50846 [2019-20939]
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50846
Federal Register / Vol. 84, No. 187 / Thursday, September 26, 2019 / Notices
holding company of Shelby Savings
Bank, SSB, both of Center, Texas; and
by Rick L. Campbell, individually to
acquire 10 percent or more of the voting
shares of the Company.
Board of Governors of the Federal Reserve
System, September 20, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019–20900 Filed 9–25–19; 8:45 am]
BILLING CODE P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, without revision, the Notice of
Proposed Stock Redemption (FR 4008;
OMB No. 7100–0131).
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551, (202)
452–3829.
Office of Management and Budget
(OMB) Desk Officer—Shagufta Ahmed—
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW,
Washington, DC 20503, or by fax to
(202) 395–6974.
A copy of the Paperwork Reduction
Act (PRA) OMB submission, including
the reporting form and instructions,
supporting statement, and other
documentation will be placed into
OMB’s public docket files. These
documents also are available on the
Board’s public website at https://
www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears above.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the PRA to approve and
assign OMB control numbers to
collections of information conducted or
sponsored by the Board. Boardapproved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
PRA Submission, supporting
statements, and approved collection of
khammond on DSKJM1Z7X2PROD with NOTICES
AGENCY:
VerDate Sep<11>2014
16:48 Sep 25, 2019
Jkt 247001
information instrument(s) are placed
into OMB’s public docket files.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, Without Revision, of the
Following Information Collection
Report title: Notice of Proposed Stock
Redemption.
Agency form number: FR 4008.
OMB control number: 7100–0131.
Frequency: Event-generated.
Respondents: Bank holding
companies.
Estimated number of respondents: 8.
Estimated average hours per response:
15.5 hours.
Estimated annual burden hours: 124
hours.
General description of report: The
Bank Holding Company Act (BHC Act)
and Board’s Regulation Y require a bank
holding company (BHC) to seek the
prior approval of the Board before
purchasing or redeeming its equity
securities in certain circumstances. Due
to the limited information that a BHC
must provide in connection with any
such request, there is no required
reporting form (the FR 4008 designation
is for internal purposes only), and each
request for prior approval must be filed
as a notification with the Reserve Bank
that has direct supervisory
responsibility for the requesting BHC.
The Federal Reserve uses the
information provided in the redemption
notice to supervise BHCs.
Legal authorization and
confidentiality: The FR 4008 is
authorized pursuant to sections 5(b) and
(c) of the BHC Act (12 U.S.C. 1844(b)
and (c)). Section 5(b) of the BHC Act, as
amended by section 616 of the DoddFrank Wall Street Reform and Consumer
Protection Act (Dodd-Frank Act),1
generally authorizes the Board to,
among other things, issue capital
regulations that are necessary to
administer and carry out the purposes of
the BHC Act and prevent evasions
thereof. Section 5(c) of the BHC Act
generally authorizes the Board to,
among other things, require reports from
BHCs on a range of issues. The FR 4008
is required for some BHCs to obtain the
benefit of being able to purchase or
redeem their equity securities.
Individual respondents may request
that data submitted be kept confidential
on a case-by-case basis. If a respondent
requests confidential treatment, the
Board will determine whether the
information is entitled to confidential
treatment on an ad hoc basis. Requests
may include information related to the
BHC’s business operations, such as
1 Public
PO 00000
Law 111–203, 124 Stat. 1376 (2010).
Frm 00030
Fmt 4703
Sfmt 4703
terms and sources of the funding for the
redemption and pro forma balance
sheets. This information may be kept
confidential under exemption 4 of the
Freedom of Information Act, which
protects privileged or confidential
commercial or financial information.2
Current actions: On June 17, 2019, the
Board published a notice in the Federal
Register (84 FR 28047) requesting
public comment for 60 days on the
extension, without revision, of the FR
4008. The comment period for this
notice expired on August 16, 2019. The
Board did not receive any comments.
Board of Governors of the Federal Reserve
System, September 23, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–20939 Filed 9–25–19; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Medicare & Medicaid
Services
[Document Identifier: CMS–855B]
Agency Information Collection
Activities: Proposed Collection;
Comment Request
Centers for Medicare &
Medicaid Services, HHS.
ACTION: Notice.
AGENCY:
The Centers for Medicare &
Medicaid Services (CMS) is announcing
an opportunity for the public to
comment on CMS’ intention to collect
information from the public. Under the
Paperwork Reduction Act of 1995 (the
PRA), federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information (including each proposed
extension or reinstatement of an existing
collection of information) and to allow
60 days for public comment on the
proposed action. Interested persons are
invited to send comments regarding our
burden estimates or any other aspect of
this collection of information, including
the necessity and utility of the proposed
information collection for the proper
performance of the agency’s functions,
the accuracy of the estimated burden,
ways to enhance the quality, utility, and
clarity of the information to be
collected, and the use of automated
collection techniques or other forms of
information technology to minimize the
information collection burden.
SUMMARY:
25
U.S.C. 552(b)(4).
E:\FR\FM\26SEN1.SGM
26SEN1
]]>Agencies
[Federal Register Volume 84, Number 187 (Thursday, September 26, 2019)]
[Notices]
[Page 50846]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-20939]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is adopting a proposal to extend for three years, without revision, the
Notice of Proposed Stock Redemption (FR 4008; OMB No. 7100-0131).
FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of
Governors of the Federal Reserve System, Washington, DC 20551, (202)
452-3829.
Office of Management and Budget (OMB) Desk Officer--Shagufta
Ahmed--Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Room 10235, 725
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.
A copy of the Paperwork Reduction Act (PRA) OMB submission,
including the reporting form and instructions, supporting statement,
and other documentation will be placed into OMB's public docket files.
These documents also are available on the Board's public website at
https://www.federalreserve.gov/apps/reportforms/review.aspx or may be
requested from the agency clearance officer, whose name appears above.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
authority under the PRA to approve and assign OMB control numbers to
collections of information conducted or sponsored by the Board. Board-
approved collections of information are incorporated into the official
OMB inventory of currently approved collections of information. Copies
of the PRA Submission, supporting statements, and approved collection
of information instrument(s) are placed into OMB's public docket files.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, Without Revision, of the Following Information Collection
Report title: Notice of Proposed Stock Redemption.
Agency form number: FR 4008.
OMB control number: 7100-0131.
Frequency: Event-generated.
Respondents: Bank holding companies.
Estimated number of respondents: 8.
Estimated average hours per response: 15.5 hours.
Estimated annual burden hours: 124 hours.
General description of report: The Bank Holding Company Act (BHC
Act) and Board's Regulation Y require a bank holding company (BHC) to
seek the prior approval of the Board before purchasing or redeeming its
equity securities in certain circumstances. Due to the limited
information that a BHC must provide in connection with any such
request, there is no required reporting form (the FR 4008 designation
is for internal purposes only), and each request for prior approval
must be filed as a notification with the Reserve Bank that has direct
supervisory responsibility for the requesting BHC. The Federal Reserve
uses the information provided in the redemption notice to supervise
BHCs.
Legal authorization and confidentiality: The FR 4008 is authorized
pursuant to sections 5(b) and (c) of the BHC Act (12 U.S.C. 1844(b) and
(c)). Section 5(b) of the BHC Act, as amended by section 616 of the
Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank
Act),\1\ generally authorizes the Board to, among other things, issue
capital regulations that are necessary to administer and carry out the
purposes of the BHC Act and prevent evasions thereof. Section 5(c) of
the BHC Act generally authorizes the Board to, among other things,
require reports from BHCs on a range of issues. The FR 4008 is required
for some BHCs to obtain the benefit of being able to purchase or redeem
their equity securities.
---------------------------------------------------------------------------
\1\ Public Law 111-203, 124 Stat. 1376 (2010).
---------------------------------------------------------------------------
Individual respondents may request that data submitted be kept
confidential on a case-by-case basis. If a respondent requests
confidential treatment, the Board will determine whether the
information is entitled to confidential treatment on an ad hoc basis.
Requests may include information related to the BHC's business
operations, such as terms and sources of the funding for the redemption
and pro forma balance sheets. This information may be kept confidential
under exemption 4 of the Freedom of Information Act, which protects
privileged or confidential commercial or financial information.\2\
---------------------------------------------------------------------------
\2\ 5 U.S.C. 552(b)(4).
---------------------------------------------------------------------------
Current actions: On June 17, 2019, the Board published a notice in
the Federal Register (84 FR 28047) requesting public comment for 60
days on the extension, without revision, of the FR 4008. The comment
period for this notice expired on August 16, 2019. The Board did not
receive any comments.
Board of Governors of the Federal Reserve System, September 23,
2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-20939 Filed 9-25-19; 8:45 am]
BILLING CODE 6210-01-P
