Agency Information Collection Activities; Proposed Collection; Comment Request; Provisions Pertaining to Certain Investments in the United States by Foreign Persons and Provisions Pertaining to Certain Transactions by Foreign Persons Involving Real Estate in the United States, 56752 [2022-19899]
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Federal Register / Vol. 87, No. 178 / Thursday, September 15, 2022 / Notices
including through the use of automated
collection techniques 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.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2022–19921 Filed 9–14–22; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Provisions
Pertaining to Certain Investments in
the United States by Foreign Persons
and Provisions Pertaining to Certain
Transactions by Foreign Persons
Involving Real Estate in the United
States
Departmental Offices,
Department of the Treasury.
ACTION: Notice of information collection;
request for comment.
AGENCY:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other federal agencies to comment on
the proposed information collections
listed below, in accordance with the
Paperwork Reduction Act of 1995.
DATES: Comments should be received on
or before November 14, 2022 to be
assured of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestions for reducing the burden, to
Treasury PRA Clearance Officer, 1750
Pennsylvania Ave. NW, Suite 8100,
Washington, DC 20220, or email at
PRA@treasury.gov. Copies of the
submissions may be obtained by
emailing CFIUS@treasury.gov, calling
(202) 622–1860, or viewing the entire
information collection request at
www.reginfo.gov.
SUMMARY:
lotter on DSK11XQN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
Title: Provisions Pertaining to Certain
Investments in the United States by
Foreign Persons and Provisions
Pertaining to Certain Transactions by
Foreign Persons Involving Real Estate in
the United States.
OMB Control Number: 1505–0121.
Type of Review: Extension without
change of a currently approved
collection.
Description: Section 721 of the
Defense Production Act of 1950, as
VerDate Sep<11>2014
16:56 Sep 14, 2022
Jkt 256001
amended (section 721), provides the
President, acting through the Committee
on Foreign Investment in the United
States (CFIUS or the Committee),
authority to review certain foreign
investments in the United States in
order to determine the effects of those
transactions on the national security of
the United States. In August 2018,
section 721 was amended by the Foreign
Investment Risk Review Modernization
Act of 2018 (FIRRMA), Subtitle A of
Title XVII, Public Law 115–232, 132
Stat. 2173 (Aug. 13, 2018). FIRRMA
maintains CFIUS’s jurisdiction over any
merger, acquisition, or takeover that
could result in foreign control of any
U.S. business, and broadens the
authorities of the President and CFIUS
under section 721 to review and take
action to address any national security
concerns arising from certain noncontrolling investments and certain real
estate transactions involving foreign
persons.
Executive Order 13456, 73 FR 4677
(Jan. 23, 2008), directs the Secretary of
the Treasury to issue regulations
implementing section 721. The
Department of the Treasury issued final
regulations (85 FR 3112 and 85 FR 3158)
on January 17, 2020, and subsequent
amendments to the final regulations in
2020 and 2022 (85 FR 8747, 85 FR
45311, 85 FR 57124, and 87 FR 731),
implementing FIRRMA, including
information collections related to
notices and declarations filed with or
submitted to the Committee regarding
transactions that could result in foreign
control of a U.S. business, certain noncontrolling investments and certain real
estate transactions involving foreign
persons.
The Department of the Treasury
maintains a CFIUS Case Management
System, featuring an online public
portal for external parties to submit
declarations and file notices with CFIUS
in a standard form. Use of this online
system is mandatory for all CFIUS
submissions and filings.
Form Number: None.
Affected Public: Individuals and
entities.
Estimated Number of Respondents:
1,100.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 1,100.
Estimated Time per Response: Varies
from 15–20 hours per declaration and
116–130 hours per notice.
Estimated Total Annual Burden
Hours: 57,400.
Request for Comments: Comments
submitted in response to this notice will
be summarized and included in the
request for Office of Management and
PO 00000
Frm 00133
Fmt 4703
Sfmt 4703
Budget approval. All comments will
become a matter 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 shall have
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
respondents, including through the use
of technology; and (e) estimates of
capital or start-up costs and costs of
operation, maintenance, and purchase
of services required to provide
information.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2022–19899 Filed 9–14–22; 8:45 am]
BILLING CODE 4810–AK–P
DEPARTMENT OF THE TREASURY
Financial Research Advisory
Committee
Office of Financial Research,
Treasury.
ACTION: The reopening of the solicitation
of applications for committee
membership of the Financial Research
Advisory Committee.
AGENCY:
The Office of Financial
Research is soliciting applications for
membership on its Financial Research
Advisory Committee. This notice
reopens the solicitation of applications
for Committee membership. The
deadline to apply is September 30,
2022.
FOR FURTHER INFORMATION CONTACT:
Melissa Avstreih, Designated Federal
Officer, Office of Financial Research,
Department of the Treasury, (202) 425–
2483.
SUPPLEMENTARY INFORMATION: Pursuant
to the Federal Advisory Committee Act,
(Pub. L. 92–463, 5 U.S.C. app. 2 1–16,
as amended), the Treasury Department
established a Financial Research
Advisory Committee (FRAC, or
Committee) to provide advice and
recommendations to the Office of
Financial Research (OFR) and to assist
the OFR in carrying out its duties and
authorities.
SUMMARY:
(I) Authorities of the OFR
Background
The OFR was established under Title
I of the Dodd-Frank Wall Street Reform
E:\FR\FM\15SEN1.SGM
15SEN1
]]>Agencies
[Federal Register Volume 87, Number 178 (Thursday, September 15, 2022)]
[Notices]
[Page 56752]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-19899]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Proposed Collection;
Comment Request; Provisions Pertaining to Certain Investments in the
United States by Foreign Persons and Provisions Pertaining to Certain
Transactions by Foreign Persons Involving Real Estate in the United
States
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice of information collection; request for comment.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other federal agencies to comment on the proposed
information collections listed below, in accordance with the Paperwork
Reduction Act of 1995.
DATES: Comments should be received on or before November 14, 2022 to be
assured of consideration.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestions for
reducing the burden, to Treasury PRA Clearance Officer, 1750
Pennsylvania Ave. NW, Suite 8100, Washington, DC 20220, or email at
[email protected]. Copies of the submissions may be obtained by emailing
[email protected], calling (202) 622-1860, or viewing the entire
information collection request at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Title: Provisions Pertaining to Certain Investments in the United
States by Foreign Persons and Provisions Pertaining to Certain
Transactions by Foreign Persons Involving Real Estate in the United
States.
OMB Control Number: 1505-0121.
Type of Review: Extension without change of a currently approved
collection.
Description: Section 721 of the Defense Production Act of 1950, as
amended (section 721), provides the President, acting through the
Committee on Foreign Investment in the United States (CFIUS or the
Committee), authority to review certain foreign investments in the
United States in order to determine the effects of those transactions
on the national security of the United States. In August 2018, section
721 was amended by the Foreign Investment Risk Review Modernization Act
of 2018 (FIRRMA), Subtitle A of Title XVII, Public Law 115-232, 132
Stat. 2173 (Aug. 13, 2018). FIRRMA maintains CFIUS's jurisdiction over
any merger, acquisition, or takeover that could result in foreign
control of any U.S. business, and broadens the authorities of the
President and CFIUS under section 721 to review and take action to
address any national security concerns arising from certain non-
controlling investments and certain real estate transactions involving
foreign persons.
Executive Order 13456, 73 FR 4677 (Jan. 23, 2008), directs the
Secretary of the Treasury to issue regulations implementing section
721. The Department of the Treasury issued final regulations (85 FR
3112 and 85 FR 3158) on January 17, 2020, and subsequent amendments to
the final regulations in 2020 and 2022 (85 FR 8747, 85 FR 45311, 85 FR
57124, and 87 FR 731), implementing FIRRMA, including information
collections related to notices and declarations filed with or submitted
to the Committee regarding transactions that could result in foreign
control of a U.S. business, certain non-controlling investments and
certain real estate transactions involving foreign persons.
The Department of the Treasury maintains a CFIUS Case Management
System, featuring an online public portal for external parties to
submit declarations and file notices with CFIUS in a standard form. Use
of this online system is mandatory for all CFIUS submissions and
filings.
Form Number: None.
Affected Public: Individuals and entities.
Estimated Number of Respondents: 1,100.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 1,100.
Estimated Time per Response: Varies from 15-20 hours per
declaration and 116-130 hours per notice.
Estimated Total Annual Burden Hours: 57,400.
Request for Comments: Comments submitted in response to this notice
will be summarized and included in the request for Office of Management
and Budget approval. All comments will become a matter 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 shall have 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 respondents, including
through the use of technology; and (e) estimates of capital or start-up
costs and costs of operation, maintenance, and purchase of services
required to provide information.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2022-19899 Filed 9-14-22; 8:45 am]
BILLING CODE 4810-AK-P
