Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 50846 [2019-20939]

Download as PDF 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.
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    \1\ Public Law 111-203, 124 Stat. 1376 (2010).
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    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).
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    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