Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed, 67788-67789 [2021-25892]

Download as PDF 67788 Federal Register / Vol. 86, No. 226 / Monday, November 29, 2021 / Notices khammond on DSKJM1Z7X2PROD with NOTICES wheelchairs and scooters information for flights they operate × 10 hours per response × 12 months = 2,040 hours) + (4 air carriers reporting the mishandled baggage and mishandled wheelchairs and scooters information for flights operated by their branded codeshare partners × 16 hours per response × 12 months = 768 hours) + (.00138 hours for manual data entry related to wheelchair or scooters × 12,000 manual entries = 17 hours). This estimate is based on the following information: 17 carriers reported mishandled baggage and wheelchair and scooter information to DOT in calendar years 2019, 2020, and 2021. Currently, 4 carriers report mishandled baggage and wheelchair and scooter information to DOT for their codeshare operations. DOT estimates that respondents will encounter on average 10-hours burden per month to report the mishandled baggage and wheelchair and scooter data to DOT for the flights they operate. DOT estimates that respondents that market codeshare flights will encounter on average an additional burden of 16 hours per month to report the mishandled baggage and wheelchair and scooter data to DOT for their branded codeshare operations. The burden estimates include staff time to manage and process the data and to submit the report through DOT’s electronic submission system. In addition, the estimated total annual burden is based on the assumption that most respondents employ automated processes to record that an item enplaned is a wheelchair or scooter, for the purposes of reporting data on wheelchairs and scooters to DOT. For a carrier that manually records this information, such as by having their agent type information describing a wheelchair or scooter into the airline’s system, DOT estimates that the airline would spend approximately 5 seconds (.00138 hours) per item to manually enter the data.3 DOT estimates that 12,000 wheelchairs and scooters total are recorded manually per year. Administrative Issues The Confidential Information Protection and Statistical Efficiency Act of 2002 (44 U.S.C. 3501) requires a statistical agency to clearly identify information it collects for non-statistical purposes. BTS hereby notifies the respondents and the public that BTS uses the information it collects under 3 The Final Rule to Amend Rules Requiring Reporting of Mishandled Baggage, Regulatory Impact Analysis, October 18, 2016, estimated a data entry burden of 5 seconds per wheelchair or scooter recorded manually. See Docket No. RITA–2011– 0001–0287. VerDate Sep<11>2014 16:55 Nov 26, 2021 Jkt 256001 this OMB approval for non-statistical purposes including, but not limited to, publication of both respondent’s identity and its data, submission of the information to agencies outside BTS for review, analysis and possible use in regulatory and other administrative matters. Public Comments Invited You are invited to comment on any aspect of this information collection, including: (a) Whether the collection of information is necessary for the proper performance of the functions of DOT, including whether the information will have practical utility; (b) the accuracy of DOT’s estimate of the burden of the proposed information collection; (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. All responses to this notice will be summarized and included in the request for OMB approval. All comments will also become a matter of public record on the docket. Issued this 17th day of November 2021 at Washington, DC. William A. Chadwick, Jr., Director, Office of Airline Information, Bureau of Transportation Statistics, Office of the Assistant Secretary for Research and Technology. [FR Doc. 2021–25886 Filed 11–26–21; 8:45 am] applicable rate for calendar year 2022 is 1.00 percent. DATES: January 1, 2022 through December 31, 2022. FOR FURTHER INFORMATION CONTACT: Department of the Treasury, Bureau of the Fiscal Service, Payment Management, E-Commerce Division (LC–RM 349B), 3201 Pennsy Drive, Building E, Landover, MD 20785 (Telephone: 202–874–9428). SUPPLEMENTARY INFORMATION: The rate reflects the current value of funds to the Treasury for use in connection with Federal Cash Management systems and is based on investment rates set for purposes of Public Law 95–147, 91 Stat. 1227 (October 28, 1977). Computed each year by averaging Treasury Tax and Loan (TT&L) investment rates for the 12month period ending every September 30, rounded to the nearest whole percentage, for applicability effective each January 1. Quarterly revisions are made if the annual average, on a moving basis, changes by 2 percentage points. The rate for calendar year 2022 reflects the average investment rates for the 12month period that ended September 30, 2021. Authority: 31 U.S.C. 3717. Linda Claire Chero, Assistant Commissioner, Payment Management and Chief Disbursing Officer. [FR Doc. 2021–25890 Filed 11–26–21; 8:45 am] BILLING CODE 4810–AS–P BILLING CODE 4910–9X–P DEPARTMENT OF THE TREASURY DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Bureau of the Fiscal Service Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed Notice of Rate To Be Used for Federal Debt Collection, and Discount and Rebate Evaluation Bureau of the Fiscal Service, Fiscal Service, Treasury. ACTION: Notice of rate to be used for Federal debt collection, and discount and rebate evaluation. AGENCY: The Secretary of the Treasury is responsible for computing and publishing the percentage rate that is used in assessing interest charges for outstanding debts owed to the Government (The Debt Collection Act of 1982, as amended). This rate is also used by agencies as a comparison point in evaluating the cost-effectiveness of a cash discount. In addition, this rate is used in determining when agencies should pay purchase card invoices when the card issuer offers a rebate. Notice is hereby given that the SUMMARY: PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 Bureau of the Fiscal Service, Treasury. ACTION: Notice of fees imposed on surety companies and reinsuring companies. AGENCY: The Department of the Treasury, Bureau of the Fiscal Service, is increasing the fees it imposes on and collects from surety companies and reinsuring companies, effective January 1, 2022. FOR FURTHER INFORMATION CONTACT: Melvin Saunders, at (304) 480–5108 or melvin.saunders@fiscal.treasury.gov; or Bobbi McDonald, at (304) 480–7098 or bobbi.mcdonald@fiscal.treasury.gov. SUPPLEMENTARY INFORMATION: The Independent Offices Appropriations Act of 1952 (IOAA), codified at 31 U.S.C. 9701, authorizes Federal agencies to establish fees for a service or thing of SUMMARY: E:\FR\FM\29NON1.SGM 29NON1 Federal Register / Vol. 86, No. 226 / Monday, November 29, 2021 / Notices value provided by the agency to members of the public. Office of Management and Budget Circular A–25 allows agencies to impose user fees for services that confer a special benefit to identifiable recipients beyond those accruing to the general public. Pursuant to 31 CFR 223.22, Treasury imposes fees on surety companies and reinsuring companies seeking to obtain or renew certification or recognition from Treasury. The fees imposed and collected cover the costs incurred by the Government for services performed reviewing, analyzing, and evaluating the companies’ applications, financial statements, and other information. Treasury determines the amount of fees in accordance with the IOAA and the Office of Management and Budget Circular A–25, as amended. The change in fees is the result of a thorough analysis of costs associated with the corporate federal surety bond program. The new fee rate schedule is as follows: (1) Examination of a company’s application for a Certificate of Authority as an acceptable surety or as an acceptable reinsuring company on Federal bonds: $10,300. (2) Determination of a company’s continued qualification for annual renewal of its Certificate of Authority: $6,000. (3) Examination of a company’s application for recognition as an Admitted Reinsurer: $3,700. (4) Determination of a company’s continued qualification for annual renewal of its authority as an Admitted Reinsurer: $2,600. khammond on DSKJM1Z7X2PROD with NOTICES Questions concerning this notice should be directed to the Surety Bond Branch, Special Assets and Liabilities Division, Bureau of the Fiscal Service, VerDate Sep<11>2014 16:55 Nov 26, 2021 Jkt 256001 200 Third Street, Rm. 1010, Parkersburg, WV 26101, Telephone (304) 480–6635. Timothy E. Gribben, Commissioner, Bureau of the Fiscal Service. [FR Doc. 2021–25892 Filed 11–26–21; 8:45 am] BILLING CODE 4810–AS–P Office of Foreign Assets Control Notice of OFAC Sanctions Actions Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been removed from the Specially Designated Nationals and Blocked Person List (SDN List). Their property and interests in property are no longer blocked, and U.S. persons are no longer generally prohibited from engaging in transactions with them. Additionally, OFAC is publishing updates to the identifying information of one or more persons currently included on the SDN List. All property and interests in property subject to U.S. jurisdiction of these persons remain blocked, and U.S. persons are generally prohibited from engaging in transactions with them. DATES: See SUPPLEMENTARY INFORMATION section for applicable date(s). FOR FURTHER INFORMATION CONTACT: OFAC: Andrea Gacki, Director, tel.: 202–622–2480; Associate Director for Global Targeting, tel.: 202–622–2420; Assistant Director for Licensing, tel.: 202–622–2480; Assistant Director for Regulatory Affairs, tel.: 202–622–4855; or Assistant Director for Sanctions Compliance & Evaluation, tel.: 202–622– 2490. SUPPLEMENTARY INFORMATION: SUMMARY: Frm 00116 Fmt 4703 Electronic Availability The SDN List and additional information concerning OFAC sanctions programs are available on OFAC’s website (www.treasury.gov/ofac). Notice of OFAC Actions DEPARTMENT OF THE TREASURY PO 00000 67789 Sfmt 4703 A. On November 22, 2021, OFAC determined that circumstances no longer warrant the inclusion of the following persons on the SDN List and that their property and interests in property are no longer blocked under Executive Order 13224 of September 23, 2001, ‘‘Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism’’ (E.O. 13224), as amended by Executive Order 13886 of September 9, 2019, ‘‘Modernizing Sanctions to Combat Terrorism’’ (E.O. 13224, as amended). Individuals 1. AL–LIBI, Ibn Al-Shaykh (individual) [SDGT]. 2. HABBASH, George (a.k.a. HABASH, George); Secretary General of POPULAR FRONT FOR THE LIBERATION OF PALESTINE (individual) [SDGT]. 3. LADEHYANOY, Mufti Rashid Ahmad (a.k.a. AHMAD, Mufti Rasheed; a.k.a. LUDHIANVI, Mufti Rashid Ahmad; a.k.a. WADEHYANOY, Mufti Rashid Ahmad), Karachi, Pakistan (individual) [SDGT]. 4. SAI’ID, Shaykh (a.k.a. AHMAD, Mustafa Muhammad); POB Egypt (individual) [SDGT]. 5. YULDASHEV, Tohir (a.k.a. YULDASHEV, Takhir), Uzbekistan (individual) [SDGT]. B. On November 22, 2021, OFAC updated the entries on the SDN List for the following persons, whose property and interests in property subject to U.S. jurisdiction continue to be blocked under E.O. 13224, as amended. Individuals BILLING CODE 4810–AL–P E:\FR\FM\29NON1.SGM 29NON1

Agencies

DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service

[Federal Register Volume 86, Number 226 (Monday, November 29, 2021)]
[Notices]
[Pages 67788-67789]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-25892]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Application and Renewal Fees Imposed on Surety Companies and 
Reinsuring Companies; Increase in Fees Imposed

AGENCY: Bureau of the Fiscal Service, Treasury.

ACTION: Notice of fees imposed on surety companies and reinsuring 
companies.

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SUMMARY: The Department of the Treasury, Bureau of the Fiscal Service, 
is increasing the fees it imposes on and collects from surety companies 
and reinsuring companies, effective January 1, 2022.

FOR FURTHER INFORMATION CONTACT: Melvin Saunders, at (304) 480-5108 or 
[email protected]; or Bobbi McDonald, at (304) 480-
7098 or [email protected].

SUPPLEMENTARY INFORMATION: The Independent Offices Appropriations Act 
of 1952 (IOAA), codified at 31 U.S.C. 9701, authorizes Federal agencies 
to establish fees for a service or thing of

[[Page 67789]]

value provided by the agency to members of the public. Office of 
Management and Budget Circular A-25 allows agencies to impose user fees 
for services that confer a special benefit to identifiable recipients 
beyond those accruing to the general public. Pursuant to 31 CFR 223.22, 
Treasury imposes fees on surety companies and reinsuring companies 
seeking to obtain or renew certification or recognition from Treasury. 
The fees imposed and collected cover the costs incurred by the 
Government for services performed reviewing, analyzing, and evaluating 
the companies' applications, financial statements, and other 
information. Treasury determines the amount of fees in accordance with 
the IOAA and the Office of Management and Budget Circular A-25, as 
amended. The change in fees is the result of a thorough analysis of 
costs associated with the corporate federal surety bond program.
    The new fee rate schedule is as follows:
    (1) Examination of a company's application for a Certificate of 
Authority as an acceptable surety or as an acceptable reinsuring 
company on Federal bonds: $10,300.
    (2) Determination of a company's continued qualification for annual 
renewal of its Certificate of Authority: $6,000.
    (3) Examination of a company's application for recognition as an 
Admitted Reinsurer: $3,700.
    (4) Determination of a company's continued qualification for annual 
renewal of its authority as an Admitted Reinsurer: $2,600.
    Questions concerning this notice should be directed to the Surety 
Bond Branch, Special Assets and Liabilities Division, Bureau of the 
Fiscal Service, 200 Third Street, Rm. 1010, Parkersburg, WV 26101, 
Telephone (304) 480-6635.

Timothy E. Gribben,
Commissioner, Bureau of the Fiscal Service.
[FR Doc. 2021-25892 Filed 11-26-21; 8:45 am]
BILLING CODE 4810-AS-P

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