Funding Opportunities: Bank Enterprise Award (BEA) Program; FY 2021 Funding Round; Correction, 62235-62236 [2021-24542]

Download as PDF Federal Register / Vol. 86, No. 214 / Tuesday, November 9, 2021 / Notices information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; (b) the accuracy of the Commission’s estimates of the burden of the proposed collection of information; (c) ways to enhance the quality, utility, and clarity of the information collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Consideration will be given to comments and suggestions submitted in writing within 60 days of this publication. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information under the PRA unless it displays a currently valid OMB control number. Please direct your written comments to: David Bottom, Director/Chief Information Officer, Securities and Exchange Commission, c/o John R. Pezzullo, 100 F Street NE, Washington, DC 20549, or send an email to: PRA_ Mailbox@sec.gov. Dated: November 3, 2021. J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2021–24428 Filed 11–8–21; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–442, OMB Control No. 3235–0498] Proposed Collection; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 20549–2736 jspears on DSK121TN23PROD with NOTICES1 Extension: Rule 17a–12/Form X–17A–5 Part II Notice is hereby given that pursuant to the Paperwork Reduction Act of 1995 (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (‘‘Commission’’) is soliciting comments on the existing collection of information provided for in Rule 17a–12 (17 CFR 240.17a–12) and Part II of Form X–17A– 5 (17 CFR 249.617) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.). The Commission plans to submit this existing collection of information to the Office of Management and Budget (‘‘OMB’’) for extension and approval. Rule 17a–12 is the reporting rule tailored specifically for over-the-counter VerDate Sep<11>2014 17:00 Nov 08, 2021 Jkt 256001 (‘‘OTC’’) derivatives dealers registered with the Commission, and Part II of Form X–17A–5, the Financial and Operational Combined Uniform Single (‘‘FOCUS’’) Report, is the basic document for reporting the financial and operational condition of OTC derivatives dealers. Rule 17a–12 requires registered OTC derivatives dealers to file Part II of the FOCUS Report quarterly. Rule 17a–12 also requires that OTC derivatives dealers file audited financial statements (‘‘audited report’’) annually. The reports required under Rule 17a– 12 provide the Commission with information used to monitor the operations of OTC derivatives dealers and to enforce their compliance with the Commission’s rules. These reports also enable the Commission to review the business activities of OTC derivatives dealers and to anticipate, where possible, how these dealers may be affected by significant economic events. There are currently five registered OTC derivatives dealers. The staff expects that three of those firms will register as Security-Based Swap Dealers within the next three years and therefore will no longer be subject to Rule 17a–12. Thus, only two OTC derivatives dealers will be subject to the requirements of Rule 17a–12. The staff estimates that the average amount of time necessary to prepare and file the quarterly reports required by the rule is eighty hours per OTC derivatives dealer 1 per year and that the average amount of time to prepare and file the annual audited report is 100 hours per OTC derivatives dealer per year, for a total reporting burden of 180 hours per OTC derivatives dealer annually. Thus the staff estimates that the total industry-wide time burden to comply with the requirements of Rule 17a–12 is 360 hours per year (180 × 2). The Commission estimates that the average annual cost per OTC derivatives dealer for an independent public accountant to examine the financial statements is approximately $46,300 per OTC derivatives dealer. Thus, the total industry-wide annual cost burden is approximately $92,600 ($46,300 × 2). Written comments are invited on: (a) 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; (b) the accuracy of the Commission’s estimate of the burden of the proposed 1 Based upon an average of 4 responses per year and an average of 20 hours spent preparing each response. PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 62235 collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Consideration will be given to comments and suggestions submitted in writing within 60 days of this publication. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. Please direct your written comments to: David Bottom, Director/Chief Information Officer, Securities and Exchange Commission, c/o John R. Pezzullo, 100 F Street NE, Washington, DC 20549, or send an email to: PRA_ Mailbox@sec.gov. Dated: November 3, 2021. J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2021–24427 Filed 11–8–21; 8:45 am] BILLING CODE 8011–01–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Funding Opportunities: Bank Enterprise Award (BEA) Program; FY 2021 Funding Round; Correction Community Development Financial Institutions Fund, Department of the Treasury. ACTION: Notice; correction. AGENCY: The Community Development Financial Institutions Fund (CDFI Fund) published a document in the Federal Register of October 14, 2021, concerning the Notice of Funds Availability (NOFA) inviting Applications for the Fiscal Year (FY) 2021 Funding Round of the Bank Enterprise Award Program (BEA Program). On page 57256, in Table 2— Eligibility Requirements for Applicants, under the Criteria header for CDFI Applicant, under the Description header, it incorrectly states that an eligible Certified CDFI Applicant is an Insured Depository Institution that must be certified as a CDFI as of December 31, 2020 when in fact an eligible Certified CDFI Applicant is an Insured Depository Institution that is certified or has submitted a Certification application by December 31, 2020, has been Certified as a CDFI as of the October 14, 2021 publication date of this NOFA in the Federal Register, and SUMMARY: E:\FR\FM\09NON1.SGM 09NON1 62236 Federal Register / Vol. 86, No. 214 / Tuesday, November 9, 2021 / Notices maintains its status as a Certified CDFI at the time BEA Program Awards are announced. Processing this Action will correct the misinformation that was published. FOR FURTHER INFORMATION CONTACT: Tanya McInnis, Program Manager, Depository Institutions Initiatives, Bank Enterprise Award and Small Dollar Loan Programs, CDFI Fund; (202) 653– 0309 (this is not a toll free number). SUPPLEMENTARY INFORMATION: jspears on DSK121TN23PROD with NOTICES1 Correction In the Federal Register of October 14, 2021, in FR Vol. 86, No. 196, on page 57256, in Table 2—Eligibility Requirements for Applicants, under the Criteria header for CDFI Applicant, under the Description header, correct the first sentence to read: For the FY 2021 funding round, an eligible Certified CDFI Applicant is: An Insured Depository Institution that is certified or has submitted its Certification application by December 31, 2020; was Certified as a CDFI as of the publication date of this NOFA in the Federal Register, which was on October 14, 2021; and maintains its status as a Certified CDFI at the time BEA Program Awards are announced under this NOFA. Executive Summary: This notice announces the correction that eligible Certified CDFI Applicants must be Certified as a CDFI or have submitted an application for Certification by December 31, 2020 in order for the Application to receive priority funding consideration under the BEA Program NOFA. Capitalized terms in this correction to the NOFA are defined in the authorizing statute, the Interim Rule, this NOFA, the Application, or the Uniform Requirements. Details regarding Application content requirements are found in the Application and related materials. Application materials can be found on Grants.gov and the CDFI Fund’s website at www.cdfifund.gov/ bea. All other information and requirements set forth in the NOFA published on October 14, 2021, shall remain effective, as published. Jodie L. Harris, Director, Community Development Financial Institutions Fund. [FR Doc. 2021–24542 Filed 11–5–21; 4:15 pm] BILLING CODE P VerDate Sep<11>2014 17:00 Nov 08, 2021 Jkt 256001 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Guidance Regarding the Treatment of Certain Contingent Payment Debt Instructions with one or more Payments that are Denominated in, or Determined by Reference to, a Nonfunctional Currency. SUMMARY: Written comments should be received on or before January 10, 2022 to be assured of consideration. ADDRESSES: Direct all written comments to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulation should be directed to Martha R. Brinson, at (202) 317–5753, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: Guidance Regarding the Treatment of Certain Contingent Payment Debt Instructions with one or more Payments that are Denominated in, or Determined by Reference to, a Nonfunctional Currency. OMB Number: 1545–1831. Regulation Project Number: TD 9157. Abstract: This document contains final regulations regarding the treatment of contingent payment debt instruments for which one or more payments are denominated in, or determined by reference to, a currency other than the taxpayer’s functional currency. These regulations are necessary because current regulations do not provide guidance concerning the tax treatment of such instruments. The regulations affect issuers and holders of such instruments. Current Actions: There are no changes being made to the regulation at this time. DATES: PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 Type of Review: Extension of a currently approved collection. Affected Public: Businesses and otherfor-profit organizations, Farms. Estimated Number of Respondents: 250. Estimated Time per Respondent: 24 mins. Estimated Total Annual Burden Hours: 100. The following paragraph applies to all of the collections of information covered by this notice: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. Comments will be of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: November 3, 2021. Martha R. Brinson, Tax Analyst. [FR Doc. 2021–24463 Filed 11–8–21; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and SUMMARY: E:\FR\FM\09NON1.SGM 09NON1

Agencies

[Federal Register Volume 86, Number 214 (Tuesday, November 9, 2021)]
[Notices]
[Pages 62235-62236]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-24542]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Funding Opportunities: Bank Enterprise Award (BEA) Program; FY 
2021 Funding Round; Correction

AGENCY: Community Development Financial Institutions Fund, Department 
of the Treasury.

ACTION: Notice; correction.

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SUMMARY: The Community Development Financial Institutions Fund (CDFI 
Fund) published a document in the Federal Register of October 14, 2021, 
concerning the Notice of Funds Availability (NOFA) inviting 
Applications for the Fiscal Year (FY) 2021 Funding Round of the Bank 
Enterprise Award Program (BEA Program). On page 57256, in Table 2--
Eligibility Requirements for Applicants, under the Criteria header for 
CDFI Applicant, under the Description header, it incorrectly states 
that an eligible Certified CDFI Applicant is an Insured Depository 
Institution that must be certified as a CDFI as of December 31, 2020 
when in fact an eligible Certified CDFI Applicant is an Insured 
Depository Institution that is certified or has submitted a 
Certification application by December 31, 2020, has been Certified as a 
CDFI as of the October 14, 2021 publication date of this NOFA in the 
Federal Register, and

[[Page 62236]]

maintains its status as a Certified CDFI at the time BEA Program Awards 
are announced. Processing this Action will correct the misinformation 
that was published.

FOR FURTHER INFORMATION CONTACT: Tanya McInnis, Program Manager, 
Depository Institutions Initiatives, Bank Enterprise Award and Small 
Dollar Loan Programs, CDFI Fund; (202) 653-0309 (this is not a toll 
free number).

SUPPLEMENTARY INFORMATION:

Correction

    In the Federal Register of October 14, 2021, in FR Vol. 86, No. 
196, on page 57256, in Table 2--Eligibility Requirements for 
Applicants, under the Criteria header for CDFI Applicant, under the 
Description header, correct the first sentence to read:
    For the FY 2021 funding round, an eligible Certified CDFI Applicant 
is: An Insured Depository Institution that is certified or has 
submitted its Certification application by December 31, 2020; was 
Certified as a CDFI as of the publication date of this NOFA in the 
Federal Register, which was on October 14, 2021; and maintains its 
status as a Certified CDFI at the time BEA Program Awards are announced 
under this NOFA.
    Executive Summary: This notice announces the correction that 
eligible Certified CDFI Applicants must be Certified as a CDFI or have 
submitted an application for Certification by December 31, 2020 in 
order for the Application to receive priority funding consideration 
under the BEA Program NOFA.
    Capitalized terms in this correction to the NOFA are defined in the 
authorizing statute, the Interim Rule, this NOFA, the Application, or 
the Uniform Requirements. Details regarding Application content 
requirements are found in the Application and related materials. 
Application materials can be found on Grants.gov and the CDFI Fund's 
website at www.cdfifund.gov/bea.
    All other information and requirements set forth in the NOFA 
published on October 14, 2021, shall remain effective, as published.

Jodie L. Harris,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2021-24542 Filed 11-5-21; 4:15 pm]
BILLING CODE P