Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 12936 [2023-04139]

Download as PDF 12936 Federal Register / Vol. 88, No. 40 / Wednesday, March 1, 2023 / Notices Total estimated annual burden hours: 5,958.1 Board of Governors of the Federal Reserve System, February 23, 2023. Michele Taylor Fennell, Deputy Associate Secretary of the Board. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Information Collection [FR Doc. 2023–04136 Filed 2–28–23; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM 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, with revision, the Information Collections and Forms Related to Regulation MM (FR MM; OMB No. 7100–0340). 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, nuha.elmaghrabi@frb.gov, (202) 452–3884. Office of Management and Budget (OMB) Desk Officer for the Federal Reserve Board, 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 Paperwork Reduction Act (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 (which contain more detailed information about the information collections and burden estimates than this notice), and approved collection of information instrument(s) are available at https://www.reginfo.gov/public/do/ PRAMain. These documents are also Collection title: Information Collections and Forms Related to Regulation MM. Collection identifier: FR MM. OMB control number: 7100–0340. Effective Date: The revisions are applicable as of March 1, 2023. General description of collection: The FR MM consists of information that must be filed in connection with certain proposals involving savings and loan holding companies (SLHCs) that are organized in mutual holding company (MHC) form, including the reorganization of a savings association into MHC form, stock issuances of holding company subsidiaries of MHCs, and conversions of MHCs to stock form, as well as certain disclosures related to these filings. The Board requires the submission of these filings to allow the Board to fulfill its obligations to review such transactions under section 10(o) of the Home Owners’ Loan Act (HOLA), as amended (12 U.S.C. 1467a(o)) and the Board’s Regulation MM–Mutual Holding Companies (12 CFR part 239). The Board uses the information submitted by an applicant or notificant to evaluate these transactions with respect to the relevant statutory and regulatory factors. Frequency: On occasion. Respondents: Mutual savings associations that wish to reorganize to form a mutual holding company under the HOLA, subsidiary holding companies of a mutual holding company, mutual holding companies, and members of applying mutual organizations. Total estimated number of respondents: 19. Total estimated change in burden: (139). Total estimated annual burden hours: 553.1 Current actions: On November 4, 2022, the Board published a notice in the Federal Register (87 FR 66700) 1 More detailed information regarding this collection, including more detailed burden estimates, can be found in the OMB Supporting Statement posted at https://www.federalreserve.gov/ apps/reportingforms/home/review. On the page displayed at the link, you can find the OMB Supporting Statement by referencing the collection identifier, FR 2028. 1 More detailed information regarding this collection, including more detailed burden estimates, can be found in the OMB Supporting Statement posted at https://www.federalreserve.gov/ apps/reportingforms/home/review. On the page displayed at the link, you can find the OMB Supporting Statement by referencing the collection identifier, FR MM. Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB AGENCY: ddrumheller on DSK120RN23PROD with NOTICES available on the Federal Reserve Board’s public website at https:// www.federalreserve.gov/apps/ reportingforms/home/review or may be requested from the agency clearance officer, whose name appears above. VerDate Sep<11>2014 18:10 Feb 28, 2023 Jkt 259001 PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 requesting public comment for 60 days on the extension, with revision, of the FR MM. The comment period for this notice expired on January 3, 2023. The Board did not receive any comments. The revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, February 23, 2023. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–04139 Filed 2–28–23; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Reporting and Recordkeeping Requirements Associated with Regulation KK (FR KK; OMB No. 7100– 0364). DATES: Comments must be submitted on or before May 1, 2023. ADDRESSES: You may submit comments, identified by FR KK, 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 or FR number in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Federal Reserve Board of Governors, Attn: Ann E. Misback, Secretary of the Board, Mailstop M– 4775, 2001 C St 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 confidential business information, identifying information, or contact information. Public comments may also be viewed electronically or in paper in Room M– 4365A, 2001 C St NW, Washington, DC 20551, between 9 a.m. and 5 p.m. on SUMMARY: E:\FR\FM\01MRN1.SGM 01MRN1

Agencies

[Federal Register Volume 88, Number 40 (Wednesday, March 1, 2023)]
[Notices]
[Page 12936]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-04139]


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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, with revision, the 
Information Collections and Forms Related to Regulation MM (FR MM; OMB 
No. 7100-0340).

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, [email protected], (202) 
452-3884.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, 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 Paperwork Reduction Act (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 (which contain more detailed 
information about the information collections and burden estimates than 
this notice), 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/reportingforms/home/review 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, With Revision, of the Following Information Collection

    Collection title: Information Collections and Forms Related to 
Regulation MM.
    Collection identifier: FR MM.
    OMB control number: 7100-0340.
    Effective Date: The revisions are applicable as of March 1, 2023.
    General description of collection: The FR MM consists of 
information that must be filed in connection with certain proposals 
involving savings and loan holding companies (SLHCs) that are organized 
in mutual holding company (MHC) form, including the reorganization of a 
savings association into MHC form, stock issuances of holding company 
subsidiaries of MHCs, and conversions of MHCs to stock form, as well as 
certain disclosures related to these filings. The Board requires the 
submission of these filings to allow the Board to fulfill its 
obligations to review such transactions under section 10(o) of the Home 
Owners' Loan Act (HOLA), as amended (12 U.S.C. 1467a(o)) and the 
Board's Regulation MM-Mutual Holding Companies (12 CFR part 239). The 
Board uses the information submitted by an applicant or notificant to 
evaluate these transactions with respect to the relevant statutory and 
regulatory factors.
    Frequency: On occasion.
    Respondents: Mutual savings associations that wish to reorganize to 
form a mutual holding company under the HOLA, subsidiary holding 
companies of a mutual holding company, mutual holding companies, and 
members of applying mutual organizations.
    Total estimated number of respondents: 19.
    Total estimated change in burden: (139).
    Total estimated annual burden hours: 553.\1\
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    \1\ More detailed information regarding this collection, 
including more detailed burden estimates, can be found in the OMB 
Supporting Statement posted at https://www.federalreserve.gov/apps/reportingforms/home/review. On the page displayed at the link, you 
can find the OMB Supporting Statement by referencing the collection 
identifier, FR MM.
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    Current actions: On November 4, 2022, the Board published a notice 
in the Federal Register (87 FR 66700) requesting public comment for 60 
days on the extension, with revision, of the FR MM. The comment period 
for this notice expired on January 3, 2023. The Board did not receive 
any comments. The revisions will be implemented as proposed.

    Board of Governors of the Federal Reserve System, February 23, 
2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-04139 Filed 2-28-23; 8:45 am]
BILLING CODE 6210-01-P
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