Information Collection; FFATA Subaward and Executive Compensation Reporting Requirements, 52351 [2020-18613]

Download as PDF Federal Register / Vol. 85, No. 165 / Tuesday, August 25, 2020 / Notices definition of ‘‘broker’’ under the Exchange Act.2 Banks seeking the exception from the definition of ‘‘broker’’ under the Exchange Act must comply with the requirements of FR R. The obligation, therefore, is required to obtain a benefit. Because these records and disclosures would be maintained at each banking organization, the Freedom of Information Act (‘‘FOIA’’) would only be implicated if the Board obtained such records as part of the examination or supervision of a banking organization. In the event the records are obtained by the Board as part of an examination or supervision of a financial institution, this information may be considered confidential pursuant to exemption 8 of the FOIA, which protects information contained in ‘‘examination, operating, or condition reports’’ obtained in the bank supervisory process.3 In addition, the information may also be kept confidential under exemption 4 of the FOIA, which protects ‘‘commercial or financial information obtained from a person [that is] privileged or confidential.’’ 4 Current actions: On December 16, 2019, the Board published a notice in the Federal Register (84 FR 68454) requesting public comment for 60 days on the extension, without revision, of the FR R. The comment period for this notice expired on February 14, 2020. No comments were received. Board of Governors of the Federal Reserve System, August 17, 2020. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–18369 Filed 8–24–20; 8:45 am] BILLING CODE 6210–01–P GENERAL SERVICES ADMINISTRATION [OMB Control No. 3090–0292; Docket No. 2020–0001; Sequence No. 2] khammond on DSKJM1Z7X2PROD with NOTICES Information Collection; FFATA Subaward and Executive Compensation Reporting Requirements Office of the Integrated Award Environment, General Services Administration (GSA). AGENCY: 2 Additionally, the Board has the authority to require reports from state member banks (12 U.S.C. 248(a) and 324). 3 5 U.S.C. 552(b)(8). 4 5 U.S.C. 552(b)(4). VerDate Sep<11>2014 19:55 Aug 24, 2020 Jkt 250001 Notice of request for comments regarding an extension to an existing OMB information collection. ACTION: Under the provisions of the Paperwork Reduction Act of 1995, the Regulatory Secretariat Division will be submitting to the Office of Management and Budget (OMB) a request to review and approve a renewal of the currently approved information collection requirement regarding FFATA Subaward and Executive Compensation Reporting Requirements. DATES: Submit comments on or before October 26, 2020. ADDRESSES: Submit comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to GSA via http:// www.regulations.gov. Submit comments via the Federal eRulemaking portal by searching the OMB control number 3090–0292. Select the link ‘‘Comment Now’’ that corresponds with ‘‘Information Collection 3090–0292, FFATA Subaward and Executive Compensation Reporting Requirements’’. Follow the instructions provided on the screen. Please include your name, company name (if any), and ‘‘Information Collection 3090–0292, FFATA Subaward and Executive Compensation Reporting Requirements’’ on your attached document. If your comment cannot be submitted using regulations.gov, call or email the points of contact in the FOR FURTHER INFORMATION CONTACT section of this document for alternate instructions. Instructions: Please submit comments only and cite Information Collection 3090–0292, FFATA Subaward and Executive Compensation Reporting Requirements, in all correspondence related to this collection. Comments received generally will be posted without change to regulations.gov, including any personal and/or business confidential information provided. To confirm receipt of your comment(s), please check regulations.gov, approximately two-to-three days after submission to verify posting. FOR FURTHER INFORMATION CONTACT: Nancy Goode, Director, Office of Stakeholder Engagement, Office of the Integrated Award Environment, GSA, at telephone number 703–605–2175; or via email at nancy.goode@gsa.gov. SUPPLEMENTARY INFORMATION: SUMMARY: A. Purpose The Federal Funding Accountability and Transparency Act (Pub. L. 109–282, PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 52351 as amended by section 6202(a) of Pub. L. 110–252), known as FFATA or the Transparency Act requires information disclosure of entities receiving Federal financial assistance through Federal awards such as Federal contracts, subcontracts, grants and sub-grants, FFATA 2(a),(2),(i),(ii). Beginning October 1, 2010, the currently approved Paperwork Reduction Act submission directed compliance with the Transparency Act to report prime and first-tier sub-award data. Specifically, Federal agencies and prime awardees of grants were to ensure disclosure of executive compensation of both prime and subawardees and subaward data pursuant to the Transparency Act. This information collection requires reporting of only the information enumerated under the Transparency Act. B. Annual Reporting Burden Sub-award Responses: 107,614. Hours per Response: 1. Total Burden Hours: 107,614. Executive Compensation Responses: 41,298. Hours per Response: 1. Total Burden Hours: 41,298. Total Annual Burden Hours: 148,912. C. Public Comments Public comments are particularly invited on: Whether this collection of information is necessary, whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected; and ways in which we can minimize the burden of the collection of information on those who are to respond, through the use of appropriate technological collection techniques or other forms of information technology. Obtaining Copies of Proposals: Requesters may obtain a copy of the information collection documents from the General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street NW, Washington, DC 20405, telephone 202–501–4755. Please cite OMB Control No. 3090–0292, FFATA Subaward and Executive Compensation Reporting Requirements, in all correspondence. Beth Anne Killoran, Chief Information Officer, General Services Administration. [FR Doc. 2020–18613 Filed 8–24–20; 8:45 am] BILLING CODE 6820–WY–P E:\FR\FM\25AUN1.SGM 25AUN1

Agencies

[Federal Register Volume 85, Number 165 (Tuesday, August 25, 2020)]
[Notices]
[Page 52351]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-18613]


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GENERAL SERVICES ADMINISTRATION

[OMB Control No. 3090-0292; Docket No. 2020-0001; Sequence No. 2]


Information Collection; FFATA Subaward and Executive Compensation 
Reporting Requirements

AGENCY: Office of the Integrated Award Environment, General Services 
Administration (GSA).

ACTION: Notice of request for comments regarding an extension to an 
existing OMB information collection.

-----------------------------------------------------------------------

SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995, 
the Regulatory Secretariat Division will be submitting to the Office of 
Management and Budget (OMB) a request to review and approve a renewal 
of the currently approved information collection requirement regarding 
FFATA Subaward and Executive Compensation Reporting Requirements.

DATES: Submit comments on or before October 26, 2020.

ADDRESSES: Submit comments regarding this burden estimate or any other 
aspect of this collection of information, including suggestions for 
reducing this burden to GSA via http://www.regulations.gov. Submit 
comments via the Federal eRulemaking portal by searching the OMB 
control number 3090-0292. Select the link ``Comment Now'' that 
corresponds with ``Information Collection 3090-0292, FFATA Subaward and 
Executive Compensation Reporting Requirements''. Follow the 
instructions provided on the screen. Please include your name, company 
name (if any), and ``Information Collection 3090-0292, FFATA Subaward 
and Executive Compensation Reporting Requirements'' on your attached 
document.
    If your comment cannot be submitted using regulations.gov, call or 
email the points of contact in the FOR FURTHER INFORMATION CONTACT 
section of this document for alternate instructions.
    Instructions: Please submit comments only and cite Information 
Collection 3090-0292, FFATA Subaward and Executive Compensation 
Reporting Requirements, in all correspondence related to this 
collection. Comments received generally will be posted without change 
to regulations.gov, including any personal and/or business confidential 
information provided. To confirm receipt of your comment(s), please 
check regulations.gov, approximately two-to-three days after submission 
to verify posting.

FOR FURTHER INFORMATION CONTACT: Nancy Goode, Director, Office of 
Stakeholder Engagement, Office of the Integrated Award Environment, 
GSA, at telephone number 703-605-2175; or via email at 
[email protected].

SUPPLEMENTARY INFORMATION:

A. Purpose

    The Federal Funding Accountability and Transparency Act (Pub. L. 
109-282, as amended by section 6202(a) of Pub. L. 110-252), known as 
FFATA or the Transparency Act requires information disclosure of 
entities receiving Federal financial assistance through Federal awards 
such as Federal contracts, sub-contracts, grants and sub-grants, FFATA 
2(a),(2),(i),(ii). Beginning October 1, 2010, the currently approved 
Paperwork Reduction Act submission directed compliance with the 
Transparency Act to report prime and first-tier sub-award data. 
Specifically, Federal agencies and prime awardees of grants were to 
ensure disclosure of executive compensation of both prime and 
subawardees and sub-award data pursuant to the Transparency Act. This 
information collection requires reporting of only the information 
enumerated under the Transparency Act.

B. Annual Reporting Burden

    Sub-award Responses: 107,614.
    Hours per Response: 1.
    Total Burden Hours: 107,614.
    Executive Compensation Responses: 41,298.
    Hours per Response: 1.
    Total Burden Hours: 41,298.
    Total Annual Burden Hours: 148,912.

C. Public Comments

    Public comments are particularly invited on: Whether this 
collection of information is necessary, whether it will have practical 
utility; whether our estimate of the public burden of this collection 
of information is accurate, and based on valid assumptions and 
methodology; ways to enhance the quality, utility, and clarity of the 
information to be collected; and ways in which we can minimize the 
burden of the collection of information on those who are to respond, 
through the use of appropriate technological collection techniques or 
other forms of information technology.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, Regulatory Secretariat Division (MVCB), 1800 F Street 
NW, Washington, DC 20405, telephone 202-501-4755. Please cite OMB 
Control No. 3090-0292, FFATA Subaward and Executive Compensation 
Reporting Requirements, in all correspondence.

Beth Anne Killoran,
Chief Information Officer, General Services Administration.
[FR Doc. 2020-18613 Filed 8-24-20; 8:45 am]
BILLING CODE 6820-WY-P