Proposed Agency Information Collection Activities; Comment Request, 8016-8017 [2021-02200]

Download as PDF 8016 Federal Register / Vol. 86, No. 21 / Wednesday, February 3, 2021 / Notices the goals of maximum employment, stable prices, and moderate long-term interest rates.2 Section 12A of the FRA further requires the FOMC to implement regulations relating to the open market operations conducted by Federal Reserve Banks ‘‘with a view to accommodating commerce and business and with regard to their bearing upon the general credit situation of the country.’’ 3 Section 11 of the FRA authorizes the Board to require reports from each member bank as it may deem necessary and authorizes the Board to prescribe reports of liabilities and assets from insured depository institutions to enable the Board to discharge its responsibility to monitor and control monetary and credit aggregates.4 The Board and FOMC use the information obtained through the FR 2023 to discharge these responsibilities. Survey submissions under the FR 2023 are voluntary. The questions asked on each survey will vary. The Board’s ability to keep confidential responses to the FR 2023 must therefore be determined on a caseby-case basis. Much of the information collected is likely to constitute nonpublic commercial or financial information, which is both customarily and actually treated as private by the respondent, so may be kept confidential by the Board pursuant to exemption 4 of the Freedom of Information Act (‘‘FOIA’’).5 Some survey responses may also contain information contained in or related to an examination of a financial institution, which may be kept confidential under exemption 8 of the FOIA.6 Responses to the FR 2023 are tabulated and summarized at the Board and the Federal Reserve Bank of New York. This aggregate information is not considered confidential, and a report containing summary data is published on the Board’s public website.7 Board of Governors of the Federal Reserve System, January 28, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–02199 Filed 2–2–21; 8:45 am] jbell on DSKJLSW7X2PROD with NOTICES BILLING CODE 6210–01–P 2 12 U.S.C. 225a. U.S.C. 263. 4 12 U.S.C. 248(a). 5 5 U.S.C. 552(b)(4). 6 5 U.S.C. 552(b)(8). 7 Survey reports are available at www.federalreserve.gov/data/sfos/sfos.htm. 3 12 VerDate Sep<11>2014 17:21 Feb 02, 2021 Jkt 253001 FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company Proposed Agency Information Collection Activities; Comment Request The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington DC 20551–0001, not later than February 18, 2021. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. The Michael Stephens Leonard Second Amended and Restated Revocable Trust, Mike Leonard as trustee, the Amended and Restated Ginger Batson Trust, Ginger Batson as trustee, Carsen Lamont, Courtney Michelle Lamont, and a minor child, all of Muskogee, Oklahoma; and The Amy N. Bennett Revocable Trust Agreement, Amy Bennett, individually and as trustee, and minor children, all of Bixby, Oklahoma; to form the Leonard Family Group, a group acting in concert to acquire voting shares of Stigler Bancorporation, Inc., and thereby indirectly acquire voting shares of The First National Bank of Stigler, both of Stigler, Oklahoma. AGENCY: Board of Governors of the Federal Reserve System, January 29, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–02237 Filed 2–2–21; 8:45 am] BILLING CODE P PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Survey of Consumer Finances (FR 3059; OMB 7100–0287). DATES: Comments must be submitted on or before April 5, 2021. ADDRESSES: You may submit comments, identified by FR 3059, by any of the following methods: • Agency Website: https:// www.federalreserve.gov/. Follow the instructions for submitting comments at https://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Email: regs.comments@ federalreserve.gov. Include the OMB number in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. All public comments are available from the Board’s website at https:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenter’s request. Accordingly, comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling (202) 452–3684. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Additionally, commenters may send a copy of their comments to the 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. SUMMARY: E:\FR\FM\03FEN1.SGM 03FEN1 Federal Register / Vol. 86, No. 21 / Wednesday, February 3, 2021 / Notices FOR FURTHER INFORMATION CONTACT: jbell on DSKJLSW7X2PROD with NOTICES 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. 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. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies. A copy of the Paperwork Reduction Act (PRA) OMB submission, including the reporting form and instructions, supporting statement, and other documentation will be available at https://www.reginfo.gov/public/do/ PRAMain, if approved. These documents will also be made 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. Request for Comment on Information Collection Proposal The Board invites public comment on the following information collection, which is being reviewed under authority delegated by the OMB under the PRA. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Board’s functions, including whether the information has practical utility; b. The accuracy of the Board’s estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Board should modify the proposal. VerDate Sep<11>2014 17:21 Feb 02, 2021 Jkt 253001 Proposal Under OMB Delegated Authority To Extend for Three Years, Without Revision, the Following Information Collection Report title: Survey of Consumer Finances. Agency form number: FR 3059. OMB control number: 7100–0287. Frequency: Triennial. Respondents: U.S. families. Estimated number of respondents: Pretest, 150; Main survey, 7,000. Estimated average hours per response: Pretest, 100 minutes; Main survey, 100 minutes. Estimated annual burden hours: Pretest, 250 hours; Main survey, 11,667 hours. General description of report: This triennial survey is the only source of representative information on the structure of U.S. families’ finances. The survey would collect data on the assets, debts, income, work history, pension rights, use of financial services, and attitudes of a sample of U.S. families. Because the ownership of some assets is relatively concentrated in a small number of families, the survey would make a special effort to ensure proper representation of such assets by systematically oversampling wealthier families. Legal authorization and confidentiality: Section 2A of the Federal Reserve Act (FRA) requires that the Board and the Federal Open Market Committee (FOMC) maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.1 In addition, under section 12A of the FRA, the FOMC is required to implement regulations relating to the open market operations conducted by Federal Reserve Banks ‘‘with a view to accommodating commerce and business and with regard to their bearing upon the general credit situation of the country.’’ 2 The Board and the FOMC use the information obtained from the FR 3059 to help fulfill these obligations. The FR 3059 is a voluntary survey. Consultation outside the agency: The final survey questionnaire would be developed jointly by the Board and the contractor. The contractor would conduct the computer based interviews for this survey. The data to support the part of the survey sample selected by the Board would be provided by the 1 12 2 12 PO 00000 U.S.C. 225a. U.S.C. 263. Frm 00029 Fmt 4703 Statistics of Income Division (SOI) of the Internal Revenue Service under a contract that allows this use of the data as well as other more limited uses of the data for statistical adjustments to the final data and related purposes. As in past surveys, the sample selection and survey administration would be managed so that the Board would not be given any names of survey participants; SOI would not be given data to link survey responses with tax records; and the contractor would not be given income data derived from the tax returns. It is expected that the data collected would be published in summary form in the Federal Reserve Bulletin in 2023. A version of the microdata, which would be altered to protect the identity of individual respondents, would be made available to the public through the Board’s public website. None of the pretest data would be released to the public. The information collected on the FR 3059 that identifies the individual respondents may be exempt from disclosure under exemption 6 of the Freedom of Information Act, which protects information the disclosure of which would constitute a clearly unwarranted invasion of personal privacy.3 Board of Governors of the Federal Reserve System, January 28, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–02200 Filed 2–2–21; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0076; Docket No. 2021–0053; Sequence No. 2] Information Collection; Novation and Change-of-Name Agreements Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice and request for comments. AGENCY: In accordance with the Paperwork Reduction Act of 1995, and the Office of Management and Budget (OMB) regulations, DoD, GSA, and NASA invite the public to comment on SUMMARY: 35 Sfmt 4703 8017 U.S.C. 552(b)(6). E:\FR\FM\03FEN1.SGM 03FEN1

Agencies

[Federal Register Volume 86, Number 21 (Wednesday, February 3, 2021)]
[Notices]
[Pages 8016-8017]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02200]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

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

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, without 
revision, the Survey of Consumer Finances (FR 3059; OMB 7100-0287).

DATES: Comments must be submitted on or before April 5, 2021.

ADDRESSES: You may submit comments, identified by FR 3059, by any of 
the following methods:
     Agency Website: https://www.federalreserve.gov/. Follow 
the instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Email: [email protected]. Include the OMB 
number in the subject line of the message.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW, 
Washington, DC 20551.
    All public comments are available from the Board's website at 
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as 
submitted, unless modified for technical reasons or to remove 
personally identifiable information at the commenter's request. 
Accordingly, comments will not be edited to remove any identifying or 
contact information. Public comments may also be viewed electronically 
or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, 
between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the 
Board requires that visitors make an appointment to inspect comments. 
You may do so by calling (202) 452-3684. Upon arrival, visitors will be 
required to present valid government-issued photo identification and to 
submit to security screening in order to inspect and photocopy 
comments.
    Additionally, commenters may send a copy of their comments to the 
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.

[[Page 8017]]


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.

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. In 
exercising this delegated authority, the Board is directed to take 
every reasonable step to solicit comment. In determining whether to 
approve a collection of information, the Board will consider all 
comments received from the public and other agencies.
    A copy of the Paperwork Reduction Act (PRA) OMB submission, 
including the reporting form and instructions, supporting statement, 
and other documentation will be available at https://www.reginfo.gov/public/do/PRAMain, if approved. These documents will also be made 
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.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board's estimate of the burden of the 
proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, 
Without Revision, the Following Information Collection

    Report title: Survey of Consumer Finances.
    Agency form number: FR 3059.
    OMB control number: 7100-0287.
    Frequency: Triennial.
    Respondents: U.S. families.
    Estimated number of respondents: Pretest, 150; Main survey, 7,000.
    Estimated average hours per response: Pretest, 100 minutes; Main 
survey, 100 minutes.
    Estimated annual burden hours: Pretest, 250 hours; Main survey, 
11,667 hours.
    General description of report: This triennial survey is the only 
source of representative information on the structure of U.S. families' 
finances. The survey would collect data on the assets, debts, income, 
work history, pension rights, use of financial services, and attitudes 
of a sample of U.S. families. Because the ownership of some assets is 
relatively concentrated in a small number of families, the survey would 
make a special effort to ensure proper representation of such assets by 
systematically oversampling wealthier families.
    Legal authorization and confidentiality: Section 2A of the Federal 
Reserve Act (FRA) requires that the Board and the Federal Open Market 
Committee (FOMC) maintain long run growth of the monetary and credit 
aggregates commensurate with the economy's long run potential to 
increase production, so as to promote effectively the goals of maximum 
employment, stable prices, and moderate long-term interest rates.\1\ In 
addition, under section 12A of the FRA, the FOMC is required to 
implement regulations relating to the open market operations conducted 
by Federal Reserve Banks ``with a view to accommodating commerce and 
business and with regard to their bearing upon the general credit 
situation of the country.'' \2\ The Board and the FOMC use the 
information obtained from the FR 3059 to help fulfill these 
obligations. The FR 3059 is a voluntary survey.
---------------------------------------------------------------------------

    \1\ 12 U.S.C. 225a.
    \2\ 12 U.S.C. 263.
---------------------------------------------------------------------------

    Consultation outside the agency: The final survey questionnaire 
would be developed jointly by the Board and the contractor. The 
contractor would conduct the computer based interviews for this survey. 
The data to support the part of the survey sample selected by the Board 
would be provided by the Statistics of Income Division (SOI) of the 
Internal Revenue Service under a contract that allows this use of the 
data as well as other more limited uses of the data for statistical 
adjustments to the final data and related purposes. As in past surveys, 
the sample selection and survey administration would be managed so that 
the Board would not be given any names of survey participants; SOI 
would not be given data to link survey responses with tax records; and 
the contractor would not be given income data derived from the tax 
returns.
    It is expected that the data collected would be published in 
summary form in the Federal Reserve Bulletin in 2023. A version of the 
microdata, which would be altered to protect the identity of individual 
respondents, would be made available to the public through the Board's 
public website. None of the pretest data would be released to the 
public. The information collected on the FR 3059 that identifies the 
individual respondents may be exempt from disclosure under exemption 6 
of the Freedom of Information Act, which protects information the 
disclosure of which would constitute a clearly unwarranted invasion of 
personal privacy.\3\
---------------------------------------------------------------------------

    \3\ 5 U.S.C. 552(b)(6).

    Board of Governors of the Federal Reserve System, January 28, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-02200 Filed 2-2-21; 8:45 am]
BILLING CODE 6210-01-P