Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 16730-16731 [2021-06549]

Download as PDF 16730 Federal Register / Vol. 86, No. 60 / Wednesday, March 31, 2021 / Notices owned by the bank holding company, including the companies listed below. 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 the BHC Act (12 U.S.C. 1842(c)). 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 April 30, 2021. A. Federal Reserve Bank of New York (Ivan Hurwitz, Senior Vice President) 33 Liberty Street, New York, New York 10045–0001. Comments can also be sent electronically to Comments.applications@ny.frb.org. 1. M&T Bank Corporation, Buffalo, New York; to acquire People’s United Financial Inc., and thereby indirectly acquire People’s United Bank National Association, both of Bridgeport, Connecticut. Board of Governors of the Federal Reserve System, March 26, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–06641 Filed 3–30–21; 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 Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation BB (FR BB; OMB No. 7100– 0197). FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve jbell on DSKJLSW7X2PROD with NOTICES AGENCY: VerDate Sep<11>2014 18:54 Mar 30, 2021 Jkt 253001 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. 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. The OMB inventory, as well as copies of the PRA Submission, supporting statements, and approved collection of information instrument(s) are available at https:// www.reginfo.gov/public/do/PRAMain. These documents are also available on the Federal Reserve 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. Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Report title: Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation BB. Agency form number: FR BB. OMB control number: 7100–0197. Frequency: Annually. Respondents: State Member Banks (SMBs), with the exception of special purpose banks that do not perform commercial or retail banking services by granting credit to the public in the ordinary course of business, other than as incident to their specialized operations. These banks include bankers’ banks and banks that engage only in one or more of the following activities: Providing cash management controlled disbursement services or serving as correspondent banks, trust companies, or clearing agents. Estimated number of respondents: Assessment area delineation, 117; Loan data: Small business and small farm, 113; Loan data: Community development, 98; Loan data: Home Mortgage Disclosure Act (HMDA) out of Metropolitan Statistical Areas (MSA), 117; Request for designation as a wholesale or a limited purpose bank, 1; Request for strategic plan approval, 2; Affiliate lending data, 5; Data on lending by a consortium or a third party, PO 00000 Frm 00030 Fmt 4703 Sfmt 4703 12; Small business and small farm loan register, 113; Consumer loan data, 28; Other loan data, 20; and Public file and public notice, 778. Estimated average hours per response: Assessment area delineation, 2; Loan data: Small business and small farm, 8; Loan data: Community development, 13; Loan data: HMDA out of MSA, 253; Request for designation as a wholesale or a limited purpose bank, 4; Request for strategic plan approval, 275; Affiliate lending data, 38; Data on lending by a consortium or a third party, 17; Small business and small farm loan register, 219; Consumer loan data, 326; Other loan data, 25; and Public file and public notice, 10. Estimated annual burden hours: Assessment area delineation, 234; Loan data: Small business and small farm, 904; Loan data: Community development, 1,274; Loan data: HMDA out of MSA, 29,601; Request for designation as a wholesale or a limited purpose bank, 4; Request for strategic plan approval, 550; Affiliate lending data, 190; Data on lending by a consortium or a third party, 204; Small business and small farm loan register, 24,747; Consumer loan data, 9,128; Other loan data, 500; and Public file and public notice, 7,780. General description of report: The Community Reinvestment Act (CRA) directs the Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (collectively, the agencies) to evaluate financial institutions’ (banks and savings associations) records of helping to meet the credit needs of their entire communities, including low- and moderate-income areas, consistent with the safe and sound operation of the institutions. The CRA is implemented through regulations issued by the agencies. The Board’s regulation applies to SMBs. Legal authorization and confidentiality: The FR BB is authorized by section 806 of the CRA, which permits the Board to issue ‘‘[r]egulations to carry out the purposes of [the CRA]’’; 1 section 11 of the Federal Reserve Act, which permits the Board to ‘‘require such statements and reports as it deems necessary’’ of state member banks; 2 and section 9 of the Federal Reserve Act, which permits the Board to examine state member banks.3 Most of the recordkeeping, reporting, and disclosure requirements of Regulation BB are mandatory. However, there are several limited parts of the 12 U.S.C. 2905. 12 U.S.C. 248(a)(1). 3 12 U.S.C. 325. 1 2 E:\FR\FM\31MRN1.SGM 31MRN1 Federal Register / Vol. 86, No. 60 / Wednesday, March 31, 2021 / Notices collection that are required to obtain a benefit: Specifically, the request for designation as a wholesale or limited purpose bank, the strategic plan, and the recordkeeping and reporting requirements associated with data regarding consumer loans and lending performance, affiliate lending data, and data on lending by a consortium or a third party. Most of the information collected under Regulation BB is not considered confidential. However, if a respondent elects to submit a strategic plan pursuant to 12 CFR 228.27, the respondent may submit additional information to the Board relating to the strategic plan on a confidential basis, so long as the goals in the plan are sufficiently specific to enable the public and the Board to judge the merits of the plan. The Board will determine whether the additional information is entitled to confidential treatment on a case-by-case basis. To the extent a respondent submits information contained in or related to examination, operating, or condition reports prepared by, or on behalf of, or for the use of an agency responsible for the regulation or supervision of financial institutions, the respondent may request confidential treatment pursuant to exemption 8 of the Freedom of Information Act (FOIA).4 To the extent a respondent submits nonpublic commercial or financial information which is both customarily and actually treated as private by the respondent, the respondent may request confidential treatment pursuant to exemption 4 of the FOIA.5 Current actions: On December 11, 2020, the Board published an initial notice in the Federal Register (85 FR 80097) requesting public comment for 60 days on the extension, without revision, of the FR BB. The comment period for this notice expired on February 9, 2021. The Board did not receive any comments. The Board adopted the extension, without revision, of the FR BB as originally proposed. jbell on DSKJLSW7X2PROD with NOTICES Board of Governors of the Federal Reserve System, March 25, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–06549 Filed 3–30–21; 8:45 am] BILLING CODE 6210–01–P 4 5 5 U.S.C. 552(b)(8). 5 U.S.C. 552(b)(4). VerDate Sep<11>2014 18:54 Mar 30, 2021 Jkt 253001 DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID–19 Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS). ACTION: Agency order. AGENCY: The Centers for Disease Control and Prevention (CDC), located within the Department of Health and Human Services (HHS) announces the extension of an Order under Section 361 of the Public Health Service Act to temporarily halt residential evictions to prevent the further spread of COVID–19. DATES: This Order is effective April 1, 2021 through June 30, 2021. FOR FURTHER INFORMATION CONTACT: Tiffany Brown, Acting Deputy Chief of Staff, Centers for Disease Control and Prevention, 1600 Clifton Road NE, MS H21–10, Atlanta, GA 30329. Phone: 404–639–7000. Email: cdcregulations@ cdc.gov. SUPPLEMENTARY INFORMATION: SUMMARY: Background This Order further extends the original temporary eviction moratorium Order published on September 4, 2020, as initially extended by the Consolidated Appropriations Act, 2021, and further extended by the Order published on January 29, 2021 set to expire on March 31, 2021, with modifications through June 30, 2021. Because of COVID–19, household crowding and transmission, and the increased risk of individuals sheltering in close quarters in congregate settings such as homeless shelters, which may be unable to provide adequate social distancing as populations increase, extending the temporary halt on evictions, subject to further extension, modification, or rescission, is appropriate. The Order is extended through June 30, 2021 based on current and projected epidemiological context of SARS-CoV–2 transmission throughout the United States. Although daily incidence of COVID–19 decreased and plateaued between January and March 25, 2021, widespread transmission continues at high levels, making the Order still necessary, especially given that previous plateaus have led to secondary and tertiary phases of acceleration. A copy of the Order is provided below. A copy of the signed Order and PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 16731 the Declaration can be found at: https:// www.cdc.gov/coronavirus/2019-ncov/ covid-eviction-declaration.html. Centers for Disease Control and Prevention Department of Health and Human Services Order Under Section 361 of the Public Health Service Act (42 U.S.C. 264) and 42 Code of Federal Regulations 70.2 Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID–19 Summary Subject to the limitations under ‘‘Applicability,’’ a landlord, owner of a residential property, or other person 1 with a legal right to pursue eviction or possessory action, shall not evict any covered person from any residential property in any jurisdiction to which this Order applies during the effective period of the Order. Definitions ‘‘Available government assistance’’ means any governmental rental or housing payment benefits available to the individual or any household member. ‘‘Available housing’’ means any available, unoccupied residential property, or other space for occupancy in any seasonal or temporary housing, that would not violate federal, state, or local occupancy standards and that would not result in an overall increase of housing cost to such individual. ‘‘Covered person’’ 2 means any tenant, lessee, or resident of a residential property who provides to their landlord, the owner of the residential property, or other person with a legal right to pursue 1 For purposes of this Order, ‘‘person’’ includes corporations, companies, associations, firms, partnerships, societies, and joint stock companies, as well as individuals. 2 This definition is based on factors that are known to contribute to evictions and thus increase the need for individuals to move into close quarters in new congregate or shared living arrangements or experience homelessness. Individuals who suffer job loss, have limited financial resources, are low income, or have high out-of-pocket medical expenses are more likely to be evicted for nonpayment of rent than others not experiencing these factors. See Desmond, M., Gershenson, C., Who gets evicted? Assessing individual, neighborhood, and network factors, Soc Sci Res. 2017;62:362–377. doi:10.1016/ j.ssresearch.2016.08.017, (identifying job loss as a possible predictor of eviction because renters who lose their jobs experience not only a sudden loss of income but also the loss of predictable future income). According to one survey, over one quarter (26%) of respondents also identified job loss as the primary cause of homelessness. See 2019 San Francisco Homeless Count & Survey Comprehensive Report, Applied Survey Research, at 22, https://hsh.sfgov.org/wp-content/uploads/ 2020/01/2019HIRDReport_SanFrancisco_ FinalDraft-1.pdf. (last viewed Mar. 24, 2021). E:\FR\FM\31MRN1.SGM 31MRN1

Agencies

[Federal Register Volume 86, Number 60 (Wednesday, March 31, 2021)]
[Notices]
[Pages 16730-16731]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-06549]


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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 
Reporting, Recordkeeping, and Disclosure Requirements Associated with 
Regulation BB (FR BB; OMB No. 7100-0197).

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.

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. The OMB 
inventory, as well as copies of the PRA Submission, supporting 
statements, and approved collection of information instrument(s) are 
available at https://www.reginfo.gov/public/do/PRAMain. These documents 
are also available on the Federal Reserve 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.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Report title: Reporting, Recordkeeping, and Disclosure Requirements 
Associated with Regulation BB.
    Agency form number: FR BB.
    OMB control number: 7100-0197.
    Frequency: Annually.
    Respondents: State Member Banks (SMBs), with the exception of 
special purpose banks that do not perform commercial or retail banking 
services by granting credit to the public in the ordinary course of 
business, other than as incident to their specialized operations. These 
banks include bankers' banks and banks that engage only in one or more 
of the following activities: Providing cash management controlled 
disbursement services or serving as correspondent banks, trust 
companies, or clearing agents.
    Estimated number of respondents: Assessment area delineation, 117; 
Loan data: Small business and small farm, 113; Loan data: Community 
development, 98; Loan data: Home Mortgage Disclosure Act (HMDA) out of 
Metropolitan Statistical Areas (MSA), 117; Request for designation as a 
wholesale or a limited purpose bank, 1; Request for strategic plan 
approval, 2; Affiliate lending data, 5; Data on lending by a consortium 
or a third party, 12; Small business and small farm loan register, 113; 
Consumer loan data, 28; Other loan data, 20; and Public file and public 
notice, 778.
    Estimated average hours per response: Assessment area delineation, 
2; Loan data: Small business and small farm, 8; Loan data: Community 
development, 13; Loan data: HMDA out of MSA, 253; Request for 
designation as a wholesale or a limited purpose bank, 4; Request for 
strategic plan approval, 275; Affiliate lending data, 38; Data on 
lending by a consortium or a third party, 17; Small business and small 
farm loan register, 219; Consumer loan data, 326; Other loan data, 25; 
and Public file and public notice, 10.
    Estimated annual burden hours: Assessment area delineation, 234; 
Loan data: Small business and small farm, 904; Loan data: Community 
development, 1,274; Loan data: HMDA out of MSA, 29,601; Request for 
designation as a wholesale or a limited purpose bank, 4; Request for 
strategic plan approval, 550; Affiliate lending data, 190; Data on 
lending by a consortium or a third party, 204; Small business and small 
farm loan register, 24,747; Consumer loan data, 9,128; Other loan data, 
500; and Public file and public notice, 7,780.
    General description of report: The Community Reinvestment Act (CRA) 
directs the Board, the Federal Deposit Insurance Corporation, and the 
Office of the Comptroller of the Currency (collectively, the agencies) 
to evaluate financial institutions' (banks and savings associations) 
records of helping to meet the credit needs of their entire 
communities, including low- and moderate-income areas, consistent with 
the safe and sound operation of the institutions. The CRA is 
implemented through regulations issued by the agencies. The Board's 
regulation applies to SMBs.
    Legal authorization and confidentiality: The FR BB is authorized by 
section 806 of the CRA, which permits the Board to issue 
``[r]egulations to carry out the purposes of [the CRA]''; \1\ section 
11 of the Federal Reserve Act, which permits the Board to ``require 
such statements and reports as it deems necessary'' of state member 
banks; \2\ and section 9 of the Federal Reserve Act, which permits the 
Board to examine state member banks.\3\
---------------------------------------------------------------------------

    \1\ 12 U.S.C. 2905.
    \2\ 12 U.S.C. 248(a)(1).
    \3\ 12 U.S.C. 325.
---------------------------------------------------------------------------

    Most of the recordkeeping, reporting, and disclosure requirements 
of Regulation BB are mandatory. However, there are several limited 
parts of the

[[Page 16731]]

collection that are required to obtain a benefit: Specifically, the 
request for designation as a wholesale or limited purpose bank, the 
strategic plan, and the recordkeeping and reporting requirements 
associated with data regarding consumer loans and lending performance, 
affiliate lending data, and data on lending by a consortium or a third 
party.
    Most of the information collected under Regulation BB is not 
considered confidential. However, if a respondent elects to submit a 
strategic plan pursuant to 12 CFR 228.27, the respondent may submit 
additional information to the Board relating to the strategic plan on a 
confidential basis, so long as the goals in the plan are sufficiently 
specific to enable the public and the Board to judge the merits of the 
plan. The Board will determine whether the additional information is 
entitled to confidential treatment on a case-by-case basis.
    To the extent a respondent submits information contained in or 
related to examination, operating, or condition reports prepared by, or 
on behalf of, or for the use of an agency responsible for the 
regulation or supervision of financial institutions, the respondent may 
request confidential treatment pursuant to exemption 8 of the Freedom 
of Information Act (FOIA).\4\ To the extent a respondent submits 
nonpublic commercial or financial information which is both customarily 
and actually treated as private by the respondent, the respondent may 
request confidential treatment pursuant to exemption 4 of the FOIA.\5\
---------------------------------------------------------------------------

    \4\ 5 U.S.C. 552(b)(8).
    \5\ 5 U.S.C. 552(b)(4).
---------------------------------------------------------------------------

    Current actions: On December 11, 2020, the Board published an 
initial notice in the Federal Register (85 FR 80097) requesting public 
comment for 60 days on the extension, without revision, of the FR BB. 
The comment period for this notice expired on February 9, 2021. The 
Board did not receive any comments. The Board adopted the extension, 
without revision, of the FR BB as originally proposed.

    Board of Governors of the Federal Reserve System, March 25, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-06549 Filed 3-30-21; 8:45 am]
BILLING CODE 6210-01-P