Proposed Agency Information Collection Activities; Comment Request, 18315-18316 [2023-06400]
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Federal Register / Vol. 88, No. 59 / Tuesday, March 28, 2023 / Notices
conformity website on December 21,
2022 and requested comments by
January 20, 2023. We received no
comments in response to the adequacy
review posting. The motor vehicle
emissions budgets that we have found
adequate are provided in the following
table:
ADEQUATE MOTOR VEHICLE EMISSIONS
BUDGETS
FOR
THE
COACHELLA VALLEY FOR THE 2008
8-HOUR OZONE STANDARD
[tpd]
VOC
lotter on DSK11XQN23PROD with NOTICES1
2023
2026
2029
2031
..................................
..................................
..................................
..................................
NOX
2.7
2.5
2.3
2.2
6.0
5.8
5.8
5.7
Transportation conformity is required
by Clean Air Act section 176(c). The
EPA’s conformity rule requires that
transportation plans, transportation
improvement programs, and
transportation projects conform to a
state’s SIP and establishes the criteria
and procedures for determining whether
or not they conform. Conformity to a SIP
means that transportation activities will
not produce new air quality violations,
worsen existing violations, or delay
timely attainment of the national
ambient air quality standards.
The criteria we use to determine
whether a SIP’s motor vehicle emissions
budgets are adequate for conformity
purposes are outlined in 40 CFR
93.118(e)(4), promulgated on August 15,
1997.3 We further described our process
for determining the adequacy of
submitted SIP budgets in our final rule
dated July 1, 2004,4 and we used the
information in these resources in
making our adequacy determination.
Please note that an adequacy review is
separate from the EPA’s completeness
review and does not prejudge the EPA’s
ultimate action on the SIP submittal.
Even if we find a budget adequate, the
SIP submittal could later be
disapproved. Pursuant to 40 CFR
93.104(e), SCAG and the U.S.
Department of Transportation will need
to demonstrate conformity to the new
budgets within two years of the effective
date of this notice.5 For demonstrating
conformity to the new budgets, the onroad motor vehicle emissions from
implementation of the transportation
plan or program for the area should be
3 62
FR 43780, 43781–43783.
FR 40004, 40038–40047.
5 See 73 FR 4420 (January 24, 2008).
4 69
VerDate Sep<11>2014
16:59 Mar 27, 2023
Jkt 259001
Dated: March 22, 2023.
Martha Guzman Aceves,
Regional Administrator, Region IX.
[FR Doc. 2023–06344 Filed 3–27–23; 8:45 am]
BILLING CODE 6560–50–P
FEDERAL RESERVE SYSTEM
Ozone
precursor
Year
projected consistent with the budgets,
i.e., by taking the emissions results
derived from CARB’s EMFAC model
(short for EMission FACtor) and then
rounding the emissions up to the
nearest tenth of a ton per day.
Authority: 42 U.S.C. 7401 et seq.
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, with revision, the Financial
Statements for Holding Companies (FR
Y–9 Reports; OMB No. 7100–0128).
DATES: Comments must be submitted on
or before May 30, 2023.
ADDRESSES: You may submit comments,
identified by FR Y–9 reports, 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
weekdays, except for Federal holidays.
For security reasons, the Board requires
SUMMARY:
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Sfmt 4703
18315
that visitors make an appointment to
inspect comments. You may do so by
calling (202) 452–3684. Upon arrival,
visitors will be required to present valid
government-issued photo identification
and to submit to security screening in
order to inspect and photocopy
comments.
Additionally, commenters may send a
copy of their comments to the 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.
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.
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. In exercising
this delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
During the comment period for this
proposal, a copy of the proposed PRA
OMB submission, including the draft
reporting form and instructions,
supporting statement (which contains
more detail about the information
collection and burden estimates than
this notice), and other documentation,
will be made available on the 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 versions of these documents will
be made available at https://
www.reginfo.gov/public/do/PRAMain, if
approved.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
E:\FR\FM\28MRN1.SGM
28MRN1
18316
Federal Register / Vol. 88, No. 59 / Tuesday, March 28, 2023 / Notices
lotter on DSK11XQN23PROD with NOTICES1
performance of the Board’s functions,
including whether the information has
practical utility;
b. The accuracy of the Board’s
estimate of the burden of the proposed
information collection, including the
validity of the methodology and
assumptions used;
c. Ways to enhance the quality,
utility, and clarity of the information to
be collected;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
Proposal Under OMB Delegated
Authority To Extend for Three Years,
With Revision, the Following
Information Collection
Collection title: Financial Statements
for Holding Companies.
Collection identifier: FR Y–9 reports.
OMB control number: 7100–0128.
General description of collection: The
Board requires bank holding companies
(BHCs), most savings and loan holding
companies (SLHCs), securities holding
companies, and U.S. intermediate
holding companies (IHCs) (collectively,
HCs) to provide standardized financial
statements through one or more of the
FR Y–9 reports. The information
collected on the FR Y–9 reports is
necessary for the Board to identify
emerging financial risks and monitor the
safety and soundness of HC operations.
The FR Y–9C consists of standardized
financial statements for HCs similar to
the Call Reports filed by commercial
banks. The FR Y–9C collects
consolidated data and is filed quarterly
by top-tier HCs with total consolidated
assets of $3 billion or more.
The FR Y–9LP, which collects parent
company only financial data, must be
submitted quarterly by each HC that
files the FR Y–9C, as well as by each of
its subsidiary HCs. The report consists
of standardized financial statements,
including the following schedules:
Income Statement, Cash Flow
Statement, Balance Sheet, Investments
in Subsidiaries and Associated
Companies, Memoranda, and Notes to
the Parent Company Only Financial
Statements.
The FR Y–9SP is a parent company
only financial statement filed
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16:59 Mar 27, 2023
Jkt 259001
semiannually by HCs with total
consolidated assets of less than $3
billion. In a banking organization with
total consolidated assets of less than $3
billion that has tiered HCs, each HC in
the organization must submit, or have
the top-tier HC submit on its behalf, a
separate FR Y–9SP. This report collects
basic balance sheet and income data for
the parent company, as well as data on
its intangible assets and intercompany
transactions.
The FR Y–9ES is filed annually by
each employee stock ownership plan
(ESOP) that is also an HC. The report
collects financial data on the ESOP’s
benefit plan activities. The FR Y–9ES
consists of four schedules: Statement of
Changes in Net Assets Available for
Benefits, Statement of Net Assets
Available for Benefits, Memoranda, and
Notes to the Financial Statements.
The instructions to each of the FR Y–
9C, FR Y–9LP, FR Y–9SP, and FR Y–
9ES state that respondent HCs should
retain workpapers and other records
used in the preparation of the reports for
a period of three years following
submission. In addition, HCs must
maintain in their files a manually signed
and attested printout of the data
submitted under each form for a period
of three years.
The FR Y–9CS is a voluntary, freeform supplemental report that the Board
may utilize to collect critical additional
data deemed to be needed from HCs in
an expedited manner. The FR Y–9CS
data collections are used to assess and
monitor emerging issues related to HCs,
and the report is intended to
supplement the other FR Y–9 reports.
The data requested by the FR Y–9CS
would depend on the Board’s data
needs in any given situation. For
example, changes made by the Financial
Accounting Standards Board may
introduce into generally accepted
accounting principles new data items
that are not currently collected by the
other FR Y–9 reports. The Board could
use the FR Y–9CS report to collect these
data until the items are implemented
into the other FR Y–9 reports.
Proposed revisions: The Board
proposes to revise the Consolidated
Financial Statements for Holding
Companies (FR Y–9C) to eliminate and
consolidate certain items from the
reporting forms and instructions for
burden-reduction purposes and to
correspond with proposed revisions to
the Federal Financial Institutions
Examination Council (FFIEC)
Consolidated Reports of Condition and
Income (Call Reports) (FFIEC 031,
FFIEC 041, and FFIEC 051) related to a
statutorily mandated review.
Additionally, the proposal would seek
PO 00000
Frm 00025
Fmt 4703
Sfmt 9990
public comment on previously made
clarifications to FR Y–9C reporting
instructions related to reporting
securitizations conducted by Federal
Home Loan Mortgage Corporation
(FHLMC, also known as Freddie Mac).
All of the proposed changes to the FR
Y–9C would take effect as of the June
30, 2023, report date. There are no
proposed revisions at this time for the
FR Y–9LP, FR Y–9SP, FR Y–9ES, or FR
Y–9CS.
Frequency: Quarterly, semiannual,
annual, and as needed.
Respondents: HCs.
Total estimated number of
respondents:
Reporting
FR Y–9C (non-advanced approaches
holding companies with less than $5
billion in total assets): 107; FR Y–9C
(non-advanced approaches holding
companies with $5 billion or more in
total assets): 236; FR Y–9C (advanced
approaches holding companies): 9; FR
Y–9LP: 411; FR Y–9SP: 3,596; FR Y–
9ES: 73; FR Y–9CS: 236.
Recordkeeping
FR Y–9C: 352; FR Y–9LP: 411; FR Y–
9SP: 3,596; FR Y–9ES: 73; FR Y–9CS:
236.
Estimated average hours per response:
Reporting
FR Y–9C (non-advanced approaches
holding companies with less than $5
billion in total assets): 35.34; FR Y–9C
(non-advanced approaches holding
companies with $5 billion or more in
total assets): 44.54; FR Y–9C (advanced
approaches holding companies): 49.76;
FR Y–9LP: 5.27; FR Y–9SP: 5.45; FR Y–
9ES: 0.50; FR Y–9CS: 0.50.
Recordkeeping
FR Y–9C: 1; FR Y–9LP: 1; FR Y–9SP:
0.50; FR Y–9ES: 0.50; FR Y–9CS: 0.50.
Total estimated change in burden:
(563).
Total estimated annual burden hours:
114,489.1
Board of Governors of the Federal Reserve
System, March 23, 2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023–06400 Filed 3–27–23; 8:45 am]
BILLING CODE 6210–01–P
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 Y–9.
E:\FR\FM\28MRN1.SGM
28MRN1
Agencies
[Federal Register Volume 88, Number 59 (Tuesday, March 28, 2023)]
[Notices]
[Pages 18315-18316]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-06400]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, with revision,
the Financial Statements for Holding Companies (FR Y-9 Reports; OMB No.
7100-0128).
DATES: Comments must be submitted on or before May 30, 2023.
ADDRESSES: You may submit comments, identified by FR Y-9 reports, 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: [email protected]. 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 weekdays, except for Federal holidays. For security reasons, the
Board requires that visitors make an appointment to inspect comments.
You may do so by calling (202) 452-3684. Upon arrival, visitors will be
required to present valid government-issued photo identification and to
submit to security screening in order to inspect and photocopy
comments.
Additionally, commenters may send a copy of their comments to the
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.
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.
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. In exercising this delegated authority, the
Board is directed to take every reasonable step to solicit comment. In
determining whether to approve a collection of information, the Board
will consider all comments received from the public and other agencies.
During the comment period for this proposal, a copy of the proposed
PRA OMB submission, including the draft reporting form and
instructions, supporting statement (which contains more detail about
the information collection and burden estimates than this notice), and
other documentation, will be made available on the 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 versions of these documents will be made
available at https://www.reginfo.gov/public/do/PRAMain, if approved.
Request for Comment on Information Collection Proposal
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper
[[Page 18316]]
performance of the Board's functions, including whether the information
has practical utility;
b. The accuracy of the Board's estimate of the burden of the
proposed information collection, including the validity of the
methodology and assumptions used;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years, With
Revision, the Following Information Collection
Collection title: Financial Statements for Holding Companies.
Collection identifier: FR Y-9 reports.
OMB control number: 7100-0128.
General description of collection: The Board requires bank holding
companies (BHCs), most savings and loan holding companies (SLHCs),
securities holding companies, and U.S. intermediate holding companies
(IHCs) (collectively, HCs) to provide standardized financial statements
through one or more of the FR Y-9 reports. The information collected on
the FR Y-9 reports is necessary for the Board to identify emerging
financial risks and monitor the safety and soundness of HC operations.
The FR Y-9C consists of standardized financial statements for HCs
similar to the Call Reports filed by commercial banks. The FR Y-9C
collects consolidated data and is filed quarterly by top-tier HCs with
total consolidated assets of $3 billion or more.
The FR Y-9LP, which collects parent company only financial data,
must be submitted quarterly by each HC that files the FR Y-9C, as well
as by each of its subsidiary HCs. The report consists of standardized
financial statements, including the following schedules: Income
Statement, Cash Flow Statement, Balance Sheet, Investments in
Subsidiaries and Associated Companies, Memoranda, and Notes to the
Parent Company Only Financial Statements.
The FR Y-9SP is a parent company only financial statement filed
semiannually by HCs with total consolidated assets of less than $3
billion. In a banking organization with total consolidated assets of
less than $3 billion that has tiered HCs, each HC in the organization
must submit, or have the top-tier HC submit on its behalf, a separate
FR Y-9SP. This report collects basic balance sheet and income data for
the parent company, as well as data on its intangible assets and
intercompany transactions.
The FR Y-9ES is filed annually by each employee stock ownership
plan (ESOP) that is also an HC. The report collects financial data on
the ESOP's benefit plan activities. The FR Y-9ES consists of four
schedules: Statement of Changes in Net Assets Available for Benefits,
Statement of Net Assets Available for Benefits, Memoranda, and Notes to
the Financial Statements.
The instructions to each of the FR Y-9C, FR Y-9LP, FR Y-9SP, and FR
Y-9ES state that respondent HCs should retain workpapers and other
records used in the preparation of the reports for a period of three
years following submission. In addition, HCs must maintain in their
files a manually signed and attested printout of the data submitted
under each form for a period of three years.
The FR Y-9CS is a voluntary, free-form supplemental report that the
Board may utilize to collect critical additional data deemed to be
needed from HCs in an expedited manner. The FR Y-9CS data collections
are used to assess and monitor emerging issues related to HCs, and the
report is intended to supplement the other FR Y-9 reports. The data
requested by the FR Y-9CS would depend on the Board's data needs in any
given situation. For example, changes made by the Financial Accounting
Standards Board may introduce into generally accepted accounting
principles new data items that are not currently collected by the other
FR Y-9 reports. The Board could use the FR Y-9CS report to collect
these data until the items are implemented into the other FR Y-9
reports.
Proposed revisions: The Board proposes to revise the Consolidated
Financial Statements for Holding Companies (FR Y-9C) to eliminate and
consolidate certain items from the reporting forms and instructions for
burden-reduction purposes and to correspond with proposed revisions to
the Federal Financial Institutions Examination Council (FFIEC)
Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031,
FFIEC 041, and FFIEC 051) related to a statutorily mandated review.
Additionally, the proposal would seek public comment on previously made
clarifications to FR Y-9C reporting instructions related to reporting
securitizations conducted by Federal Home Loan Mortgage Corporation
(FHLMC, also known as Freddie Mac). All of the proposed changes to the
FR Y-9C would take effect as of the June 30, 2023, report date. There
are no proposed revisions at this time for the FR Y-9LP, FR Y-9SP, FR
Y-9ES, or FR Y-9CS.
Frequency: Quarterly, semiannual, annual, and as needed.
Respondents: HCs.
Total estimated number of respondents:
Reporting
FR Y-9C (non-advanced approaches holding companies with less than
$5 billion in total assets): 107; FR Y-9C (non-advanced approaches
holding companies with $5 billion or more in total assets): 236; FR Y-
9C (advanced approaches holding companies): 9; FR Y-9LP: 411; FR Y-9SP:
3,596; FR Y-9ES: 73; FR Y-9CS: 236.
Recordkeeping
FR Y-9C: 352; FR Y-9LP: 411; FR Y-9SP: 3,596; FR Y-9ES: 73; FR Y-
9CS: 236.
Estimated average hours per response:
Reporting
FR Y-9C (non-advanced approaches holding companies with less than
$5 billion in total assets): 35.34; FR Y-9C (non-advanced approaches
holding companies with $5 billion or more in total assets): 44.54; FR
Y-9C (advanced approaches holding companies): 49.76; FR Y-9LP: 5.27; FR
Y-9SP: 5.45; FR Y-9ES: 0.50; FR Y-9CS: 0.50.
Recordkeeping
FR Y-9C: 1; FR Y-9LP: 1; FR Y-9SP: 0.50; FR Y-9ES: 0.50; FR Y-9CS:
0.50.
Total estimated change in burden: (563).
Total estimated annual burden hours: 114,489.\1\
---------------------------------------------------------------------------
\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 Y-9.
Board of Governors of the Federal Reserve System, March 23,
2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-06400 Filed 3-27-23; 8:45 am]
BILLING CODE 6210-01-P