Information Collection Being Reviewed by the Federal Communications Commission under Delegated Authority, 59305-59306 [2020-20723]
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Federal Register / Vol. 85, No. 183 / Monday, September 21, 2020 / Notices
on the day the Sunshine notice is
released, an ex parte notice must be
submitted by the next business day, and
any reply would be due by the following
business day. If a permissible ex parte
presentation is made during the
Sunshine period (under an exception to
the Sunshine period prohibition), the ex
parte notice is due by the end of the
same day on which the presentation was
made, and any reply would need to be
filed by the next business day. Any
reply must be in writing and limited to
the issues raised in the ex parte notice
to which the reply is directed; (7)
Commissioners and agency staff may
continue to request ex parte
presentations during the Sunshine
period, but these presentations should
be limited to the specific information
required by the Commission; (8) Ex
parte notices must be submitted
electronically in machine-readable
format. PDF images created by scanning
a paper document may not be
submitted, except in cases in which a
word-processing version of the
document is not available. Confidential
information may continue to be
submitted by paper filing, but a redacted
version must be filed electronically at
the same time the paper filing is
submitted. An exception to the
electronic filing requirement will be
made in cases in which the filing party
claims hardship. The basis for the
hardship claim must be substantiated in
the ex parte filing; (9) To facilitate
stricter enforcement of the ex parte
rules, the Enforcement Bureau is
authorized to levy forfeitures for ex
parte rule violations; (10) Copies of
electronically filed ex parte notices
must also be sent electronically to all
staff and Commissioners present at the
ex parte meeting so as to enable them
to review the notices for accuracy and
completeness. Filers may be asked to
submit corrections or further
information as necessary for compliance
with the rules; and (11) Parties making
permissible ex parte presentations in
restricted proceedings must conform
and clarify rule changes when filing an
ex parte notice with the Commission.
The information is used by parties to
permit-but-disclose proceedings,
including interested members of the
public, to respond to the arguments
made and data offered in the
presentations. The responses may then
be used by the Commission in its
decision-making.
The availability of the ex parte
materials ensures that the Commission’s
decisional processes are fair, impartial,
and comport with the concept of due
process in that all interested parties can
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19:59 Sep 18, 2020
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know of and respond to the arguments
made to the decision-making officials.
Federal Communications Commission.
Marlene Dortch,
Secretary. Office of the Secretary.
[FR Doc. 2020–20722 Filed 9–18–20; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL COMMUNICATIONS
COMMISSION
[OMB 3060–1205; FRS 17070]
Information Collection Being Reviewed
by the Federal Communications
Commission under Delegated
Authority
Federal Communications
Commission.
ACTION: Notice and request for
comments.
AGENCY:
As part of its continuing effort
to reduce paperwork burdens, and as
required by the Paperwork Reduction
Act (PRA), the Federal Communications
Commission (FCC or Commission)
invites the general public and other
Federal agencies to take this
opportunity to comment on the
following information collections.
Comments are requested concerning:
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
the accuracy of the Commission’s
burden estimate; ways to enhance the
quality, utility, and clarity of the
information collected; ways to minimize
the burden of the collection of
information on the respondents,
including the use of automated
collection techniques or other forms of
information technology; and ways to
further reduce the information
collection burden on small business
concerns with fewer than 25 employees.
DATES: Written comments should be
submitted on or before November 17,
2020. If you anticipate that you will be
submitting comments, but find it
difficult to do so within the period of
time allowed by this notice, you should
advise the contacts below as soon as
possible.
SUMMARY:
Direct all PRA comments to
Cathy Williams, FCC, via email PRA@
fcc.gov and to Cathy.Williams@fcc.gov.
FOR FURTHER INFORMATION CONTACT: For
additional information about the
information collection, contact Cathy
Williams at (202) 418–2918.
SUPPLEMENTARY INFORMATION: The FCC
may not conduct or sponsor a collection
ADDRESSES:
PO 00000
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Fmt 4703
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59305
of information unless it displays a
currently valid Office of Management
and Budget (OMB) control number. No
person shall be subject to any penalty
for failing to comply with a collection
of information subject to the PRA that
does not display a valid OMB control
number.
As part of its continuing effort to
reduce paperwork burdens, and as
required by the PRA of 1995 (44 U.S.C.
3501–3520), the FCC invites the general
public and other Federal agencies to
take this opportunity to comment on the
following information collections.
Comments are requested concerning:
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
the accuracy of the Commission’s
burden estimate; ways to enhance the
quality, utility, and clarity of the
information collected; ways to minimize
the burden of the collection of
information on the respondents,
including the use of automated
collection techniques or other forms of
information technology; and ways to
further reduce the information
collection burden on small business
concerns with fewer than 25 employees.
OMB Control No.: 3060–1205.
Title: Section 74.802, Low Power
Auxiliary Stations Co-channel
Coordination with TV Broadcast
Stations.
Form No.: Not Applicable.
Type of Review: Extension of a
currently approved collection.
Respondents: Individuals and
households; business or other for-profit
entities; not-for-profit institutions;
Federal government; and state, local or
tribal government.
Number of Respondents and
Responses: 200 respondents and 200
responses.
Estimated Time per Response: 1.0
hour.
Frequency of Response: On occasion
reporting requirement and third-party
disclosure requirement.
Obligation to Respond: Required to
obtain or retain benefits. The statutory
authority for this collection of
information is contained in 47 U.S.C.
151, 154, 301, 303, 307, 308, 309, 310,
316, 319, 325(b), 332, 336(f), 338, 339,
340, 399b, 403, 534, 535, 1404, 1452,
and 1454.
Total Annual Burden: 200 hours.
Total Annual Cost: $25,000.
Privacy Act Impact Assessment: This
information collection may affect
individuals or households. However,
the information collection consists of
third-party disclosures in which the
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21SEN1
59306
Federal Register / Vol. 85, No. 183 / Monday, September 21, 2020 / Notices
Commission has no direct involvement.
Personally identifiable information (PII)
is not being collected by, made available
to, or made accessible by the
Commission. There are no additional
impacts under the Privacy Act.
Nature and Extent of Confidentiality:
In general there is no need for
confidentiality with this collection of
information.
Needs and Uses: On June 2, 2014, the
Commission released a Report and
Order, FCC 14–50, GN Docket No. 12–
268, ‘‘Expanding the Economic and
Innovation Opportunities of Spectrum
Through Incentive Auctions.’’ This
order adopted a revision to a
Commission rule, 47 CFR 74.802(b), to
permit low power auxiliary stations
(LPAS), including wireless
microphones, to operate in the bands
allocated for TV broadcasting at revised
distances from a co-channel television’s
contour, and provided LPAS operators
to operate even closer to television
stations proved that any such operations
are coordinated with TV broadcast
stations that could be affected by the
LPAS operations.
The Commission seeks Office of
Management and Budget (OMB)
approval for an extension of the
currently approved information
collection for the coordination process
adopted in the Commission’s Report
and Order, FCC 14–50 for such cochannel operations, in 47 CFR
74.802d(b)(2).
Federal Communications Commission.
Marlene Dortch,
Secretary.
[FR Doc. 2020–20723 Filed 9–18–20; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Federal Deposit Insurance Corporation
Restoration Plan
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice of establishment of
restoration plan.
AGENCY:
Extraordinary growth in insured
deposits during the first and second
quarters of 2020 caused the Deposit
Insurance Fund (the DIF or the fund)
reserve ratio to decline below the
statutory minimum of 1.35 percent.1 As
of June 30, 2020, the reserve ratio had
fallen below the statutory minimum and
stood at 1.30 percent, 9 basis points
below the reserve ratio as of March 31,
2020, and 11 basis points below its
recent peak of 1.41 percent as of
December 31, 2019. Prior to 2020, the
DIF reserve ratio had not decreased
since the fourth quarter of 2009.
The Federal Deposit Insurance Act
(the FDI Act) requires that the FDIC’s
Board of Directors (Board) adopt a
restoration plan when the DIF reserve
ratio falls below 1.35 percent or is
expected to within 6 months.2 Under
the FDI Act, the restoration plan must
restore the reserve ratio to at least 1.35
percent within 8 years of establishing
the Plan, absent extraordinary
circumstances.3
Therefore, pursuant to section
7(b)(3)(E) (12 U.S.C. 1817(b)(3)(E)), the
FDIC established the following
Restoration Plan (or the Plan) on
September 15, 2020.
1. The FDIC will monitor deposit
balance trends, potential losses, and
other factors that affect the reserve ratio.
2. The FDIC will maintain the current
schedule of assessment rates for all
insured depository institutions (IDIs).
3. At least semiannually, the FDIC
will update its analysis and projections
for the fund and, if necessary,
recommend any modifications to the
Plan, such as increasing assessment
rates.
While subject to considerable
uncertainty, based on a range of
reasonable (though highly uncertain)
estimates of future losses and assuming
a return to normal insured deposit
growth, the reserve ratio would return to
1.35 percent without further action by
the FDIC before the end of the 8-year
period beginning upon the
implementation of the Plan, as required
by law.
Detailed Analysis and Basis for Actions
Taken by the Restoration Plan
The FDI Act requires that the FDIC
publish in the Federal Register a
detailed analysis of the factors
considered and the basis for the actions
taken with regard to the Restoration
Plan.4 The following summarizes the
analysis the FDIC conducted that
formed the basis of the Restoration Plan.
Source of Decline in Reserve Ratio
The decline in the reserve ratio during
the first half of 2020 was solely a result
of extraordinary insured deposit growth.
Table 1 shows the components of the
reserve ratio for the last quarter of 2019
and the first two quarters of 2020. Over
this period, the DIF balance grew and
did not experience material losses. As of
June 30, 2020, the DIF balance totaled
a record $114.7 billion, up $4.3 billion
from the end of 2019. Meanwhile,
insured deposits grew by an estimated
$1 trillion, resulting in an 11 basis point
decline in the reserve ratio from the end
of 2019.
TABLE 1—FUND BALANCE, ESTIMATED INSURED DEPOSITS, AND RESERVE RATIO
[$ In billions]
4th Qtr 2019
jbell on DSKJLSW7X2PROD with NOTICES
Beginning Fund Balance .............................................................................................................
Plus: Net Assessment Revenue ...........................................................................................
Plus: Investment Income a ....................................................................................................
Less: Loss Provisions ...........................................................................................................
Less: Operating Expenses ...................................................................................................
Ending Fund Balance b ................................................................................................................
Estimated Insured Deposits .........................................................................................................
Ending Reserve Ratio ..................................................................................................................
108.9
1.3
0.5
¥0.1
0.5
110.3
7,815.2
1.41%
1st Qtr 2020
110.3
1.4
2.0
*
0.5
113.2
8,164.2
1.39%
* = Less than $50 million.
a Includes unrealized gains/losses on available-for-sale securities.
b Components of fund balance changes may not sum to totals due to rounding.
1 The reserve ratio is calculated as the ratio of the
net worth of the Deposit Insurance Fund (fund
balance) to the value of the aggregate estimated
VerDate Sep<11>2014
19:59 Sep 18, 2020
Jkt 250001
insured deposits at the end of a given quarter. See
12 U.S.C. 1813(y)(3).
2 12 U.S.C. 1817(b)(3)(E)(i).
PO 00000
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Fmt 4703
Sfmt 4703
3 12
4 12
E:\FR\FM\21SEN1.SGM
U.S.C. 1817(b)(3)(E)(ii).
U.S.C. 1817(b)(3)(E)(v).
21SEN1
2nd Qtr 2020
113.2
1.8
0.1
*
0.5
114.7
8,837.3
1.30%
Agencies
[Federal Register Volume 85, Number 183 (Monday, September 21, 2020)]
[Notices]
[Pages 59305-59306]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-20723]
-----------------------------------------------------------------------
FEDERAL COMMUNICATIONS COMMISSION
[OMB 3060-1205; FRS 17070]
Information Collection Being Reviewed by the Federal
Communications Commission under Delegated Authority
AGENCY: Federal Communications Commission.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: As part of its continuing effort to reduce paperwork burdens,
and as required by the Paperwork Reduction Act (PRA), the Federal
Communications Commission (FCC or Commission) invites the general
public and other Federal agencies to take this opportunity to comment
on the following information collections. Comments are requested
concerning: Whether the proposed collection of information is necessary
for the proper performance of the functions of the Commission,
including whether the information shall have practical utility; the
accuracy of the Commission's burden estimate; ways to enhance the
quality, utility, and clarity of the information collected; ways to
minimize the burden of the collection of information on the
respondents, including the use of automated collection techniques or
other forms of information technology; and ways to further reduce the
information collection burden on small business concerns with fewer
than 25 employees.
DATES: Written comments should be submitted on or before November 17,
2020. If you anticipate that you will be submitting comments, but find
it difficult to do so within the period of time allowed by this notice,
you should advise the contacts below as soon as possible.
ADDRESSES: Direct all PRA comments to Cathy Williams, FCC, via email
[email protected] and to [email protected].
FOR FURTHER INFORMATION CONTACT: For additional information about the
information collection, contact Cathy Williams at (202) 418-2918.
SUPPLEMENTARY INFORMATION: The FCC may not conduct or sponsor a
collection of information unless it displays a currently valid Office
of Management and Budget (OMB) control number. No person shall be
subject to any penalty for failing to comply with a collection of
information subject to the PRA that does not display a valid OMB
control number.
As part of its continuing effort to reduce paperwork burdens, and
as required by the PRA of 1995 (44 U.S.C. 3501-3520), the FCC invites
the general public and other Federal agencies to take this opportunity
to comment on the following information collections. Comments are
requested concerning: Whether the proposed collection of information is
necessary for the proper performance of the functions of the
Commission, including whether the information shall have practical
utility; the accuracy of the Commission's burden estimate; ways to
enhance the quality, utility, and clarity of the information collected;
ways to minimize the burden of the collection of information on the
respondents, including the use of automated collection techniques or
other forms of information technology; and ways to further reduce the
information collection burden on small business concerns with fewer
than 25 employees.
OMB Control No.: 3060-1205.
Title: Section 74.802, Low Power Auxiliary Stations Co-channel
Coordination with TV Broadcast Stations.
Form No.: Not Applicable.
Type of Review: Extension of a currently approved collection.
Respondents: Individuals and households; business or other for-
profit entities; not-for-profit institutions; Federal government; and
state, local or tribal government.
Number of Respondents and Responses: 200 respondents and 200
responses.
Estimated Time per Response: 1.0 hour.
Frequency of Response: On occasion reporting requirement and third-
party disclosure requirement.
Obligation to Respond: Required to obtain or retain benefits. The
statutory authority for this collection of information is contained in
47 U.S.C. 151, 154, 301, 303, 307, 308, 309, 310, 316, 319, 325(b),
332, 336(f), 338, 339, 340, 399b, 403, 534, 535, 1404, 1452, and 1454.
Total Annual Burden: 200 hours.
Total Annual Cost: $25,000.
Privacy Act Impact Assessment: This information collection may
affect individuals or households. However, the information collection
consists of third-party disclosures in which the
[[Page 59306]]
Commission has no direct involvement. Personally identifiable
information (PII) is not being collected by, made available to, or made
accessible by the Commission. There are no additional impacts under the
Privacy Act.
Nature and Extent of Confidentiality: In general there is no need
for confidentiality with this collection of information.
Needs and Uses: On June 2, 2014, the Commission released a Report
and Order, FCC 14-50, GN Docket No. 12-268, ``Expanding the Economic
and Innovation Opportunities of Spectrum Through Incentive Auctions.''
This order adopted a revision to a Commission rule, 47 CFR 74.802(b),
to permit low power auxiliary stations (LPAS), including wireless
microphones, to operate in the bands allocated for TV broadcasting at
revised distances from a co-channel television's contour, and provided
LPAS operators to operate even closer to television stations proved
that any such operations are coordinated with TV broadcast stations
that could be affected by the LPAS operations.
The Commission seeks Office of Management and Budget (OMB) approval
for an extension of the currently approved information collection for
the coordination process adopted in the Commission's Report and Order,
FCC 14-50 for such co-channel operations, in 47 CFR 74.802d(b)(2).
Federal Communications Commission.
Marlene Dortch,
Secretary.
[FR Doc. 2020-20723 Filed 9-18-20; 8:45 am]
BILLING CODE 6712-01-P