Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 37249-37250 [2023-12103]

Download as PDF Federal Register / Vol. 88, No. 109 / Wednesday, June 7, 2023 / Notices performance of their official duties or activities. (6) To appropriate third parties contracted by FHFA to facilitate mediation or other dispute resolution procedures or programs. (7) To outside counsel contracted by FHFA, the U.S. Department of Justice (DOJ), (including United States Attorney Offices), or other Federal agencies conducting litigation or in proceedings before any court, adjudicative or administrative body, when it is relevant and necessary to the litigation and one of the following is a party to the litigation or has an interest in such litigation: a. FHFA; b. Any employee of FHFA in his/her official capacity; c. Any employee of FHFA in his/her individual capacity where DOJ or FHFA has agreed to represent the employee; or d. The United States or any agency thereof, is a party to the litigation or has an interest in such litigation, and FHFA determines that the records are both relevant and necessary to the litigation. (8) To the National Archives and Records Administration or other Federal agencies pursuant to records management inspections being conducted under the authority of 44 U.S.C. 2904 and 2906. (9) To an agency, organization, or individual for the purpose of performing audit or oversight operations as authorized by law, but only such information as relevant and necessary to such audit or oversight functions. POLICIES AND PRACTICES FOR STORAGE OF RECORDS: lotter on DSK11XQN23PROD with NOTICES1 POLICIES AND PRACTICES FOR RETRIEVAL OF RECORDS: POLICIES AND PRACTICIES FOR RETENTION AND DISPOSAL OF RECORDS: Records are retained and disposed of in accordance with FHFA’s Comprehensive Record Schedule, Item 1.3a. Jkt 259001 RECORD ACCESS PROCEDURES: See ‘‘Notification Procedures’’ Below. CONTESTING RECORD PROCEDURES: See ‘‘Notification Procedures’’ Below. NOTIFICATION PROCEDURES: Individuals seeking notification of any records about themselves contained in this System should address their inquiry to the Privacy Act Officer, via email to Privacy@fhfa.gov or by mail to the Federal Housing Finance Agency, 400 Seventh Street SW, Washington, DC 20219, or in accordance with the procedures set forth in 12 CFR part 1204. Please note that all mail sent to FHFA via the U.S. Postal Service is routed through a national irradiation facility, a process that may delay delivery by approximately two weeks. For any time-sensitive correspondence, please plan accordingly. EXEMPTIONS PROMULGATED FOR THE SYSTEM: None. HISTORY: None. Clinton Jones, General Counsel, Federal Housing Finance Agency. BILLING CODE 8070–01–P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB 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 Survey of Small Business and Farm Lending (FR 2028; OMB No. 7100–0061). 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. AGENCY: Records will be retrieved primarily by an individual’s name but may also be retrieved by a variety of fields including, without limitation, name, work experience, educational background, or by some combination thereof. 17:01 Jun 06, 2023 Electronic records are protected by controlled access procedures. Only FHFA staff (and FHFA contractors assisting such staff), whose official duties require access, are allowed to view, administer, and control these records. The System Owner controls access to this System and limits access in accordance with the above. [FR Doc. 2023–12175 Filed 6–6–23; 8:45 am] Records are maintained in electronic format. Electronic records are stored on FHFA’s secured network, FHFAauthorized cloud service providers, and FHFA authorized contractor networks located within the Continental United States. VerDate Sep<11>2014 ADMINISTRATIVE, TECHNICAL, AND PHYSICAL SAFEGUARDS: PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 37249 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 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: Survey of Small Business and Farm Lending. Collection identifier: FR 2028. OMB control number: 7100–0061. Effective Date: September 30, 2023, as of date with the transmission period beginning on October 1, 2023, based on loan activity over the third quarter 2023. General description of collection: The Survey of Small Business and Farm Lending (SSBFL) comprises the following three reports: • Survey of Terms of Bank Lending to Farmers (FR 2028B) • Prime Rate Supplement of Survey of Terms of Lending (FR 2028S) • Small Business Lending Survey (FR 2028D) The SSBFL collects unique information concerning price and certain nonprice terms of loans made to businesses and farmers each quarter (February, May, August, and November) from a sample of banks. The FR 2028B collects detailed data on individual loans funded during the first full business week of the mid-month of each quarter, and the FR 2028S collects the prime interest rate for each day of the E:\FR\FM\07JNN1.SGM 07JNN1 37250 Federal Register / Vol. 88, No. 109 / Wednesday, June 7, 2023 / Notices lotter on DSK11XQN23PROD with NOTICES1 survey week from FR 2028B respondents. The FR 2028D provides focused and enhanced information on small business lending including rates, terms, credit availability, and reasons for their changes. The FR 2028D collects quarterly average quantitative data on terms of small business loans and qualitative information on changes and the reasons for changes in the terms of lending. From these sample SSBFL data, estimates of the terms of business loans and farm loans extended are constructed. The aggregate estimates for business loans are published in the Federal Reserve Bank of Kansas City’s quarterly release, Small Business Lending Survey, and aggregate estimates for farm loans are published in the statistical release, Agricultural Finance Databook. Frequency: Quarterly. Respondents: The FR 2028B and FR 2028S panels have an authorized size of 250 domestically chartered commercial banks. The panel of banks has been drawn from a random sample of banks stratified according to farm loan volumes since 1989. The authorized panel for the FR 2028D panel is 398 domestically chartered commercial banks. The size is based on obtaining survey results with a 95% confidence level and 5% standard error, allowing for a 10% nonresponse rate. The panel of banks is a random sample of banks stratified according to the dollar volumes of commercial and industrial loans with original amounts of $1,000,000 or less. Total estimated number of respondents: FR 2028B—250. FR 2028S—250. FR 2028D—398. Estimated average hours per response: FR 2028B—1.4. FR 2028S—0.1. FR 2028D—2.8. Total estimated change in burden: (318). Total estimated annual burden hours: 5,958.1 Current actions: On March 1, 2023, the Board published a notice in the Federal Register (88 FR 12934) requesting public comment for 60 days on the extension, with revision, of the FR 2028. The Federal Reserve proposed to revise the FR 2028D form and instructions, to be effective for the 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. VerDate Sep<11>2014 17:01 Jun 06, 2023 Jkt 259001 September 30, 2023, as of date with the transmission period beginning on October 1, 2023, based on loan activity over the third quarter 2023. The proposed revisions would add clarity in reporting instructions and requirements, improve data quality, and make slight reductions in reporting burden. These changes include removing items related to credit card lending and net drawdowns on lines of credit. A question requesting information on how respondents define small businesses for the purposes of small business lending would be added. Additionally, three questions were modified to add openended text fields offering respondents the opportunity to provide additional information on reasons for changes in lending. Minor wording changes are proposed to the form and instructions to add clarity to the survey or address changes to the form. Additionally, minor changes are proposed to the Frequently Asked Questions section to increase clarity of form definitions. The comment period for this notice expired on May 1, 2023. The Board did not receive any comments. The revisions will be implemented as proposed. standards enumerated in paragraph 7 of the Act. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than June 20, 2023. A. Federal Reserve Bank of Minneapolis (Stephanie Weber, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291. Comments can also be sent electronically to MA@mpls.frb.org: 1. The Richard C Baker Irrevocable Trust, William L. Baker, as business advisor, Sioux Falls, South Dakota; to become a member of the Baker Family Group, a group acting in concert; to retain voting shares of Minnehaha Banshares Inc., and thereby indirectly retain voting shares of First National Bank in Sioux Falls, both of Sioux Falls, South Dakota. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. Board of Governors of the Federal Reserve System, June 1, 2023. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–12105 Filed 6–6–23; 8:45 am] [FR Doc. 2023–12103 Filed 6–6–23; 8:45 am] FEDERAL RESERVE SYSTEM BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 BILLING CODE P Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB 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 Registration of Mortgage Loan Originators (CFPB G; OMB No. 7100–0328). 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 AGENCY: E:\FR\FM\07JNN1.SGM 07JNN1

Agencies

[Federal Register Volume 88, Number 109 (Wednesday, June 7, 2023)]
[Notices]
[Pages 37249-37250]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-12103]


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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 
Survey of Small Business and Farm Lending (FR 2028; OMB No. 7100-0061).

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: Survey of Small Business and Farm Lending.
    Collection identifier: FR 2028.
    OMB control number: 7100-0061.
    Effective Date: September 30, 2023, as of date with the 
transmission period beginning on October 1, 2023, based on loan 
activity over the third quarter 2023.
    General description of collection: The Survey of Small Business and 
Farm Lending (SSBFL) comprises the following three reports:

 Survey of Terms of Bank Lending to Farmers (FR 2028B)
 Prime Rate Supplement of Survey of Terms of Lending (FR 2028S)
 Small Business Lending Survey (FR 2028D)

    The SSBFL collects unique information concerning price and certain 
nonprice terms of loans made to businesses and farmers each quarter 
(February, May, August, and November) from a sample of banks. The FR 
2028B collects detailed data on individual loans funded during the 
first full business week of the mid-month of each quarter, and the FR 
2028S collects the prime interest rate for each day of the

[[Page 37250]]

survey week from FR 2028B respondents. The FR 2028D provides focused 
and enhanced information on small business lending including rates, 
terms, credit availability, and reasons for their changes. The FR 2028D 
collects quarterly average quantitative data on terms of small business 
loans and qualitative information on changes and the reasons for 
changes in the terms of lending. From these sample SSBFL data, 
estimates of the terms of business loans and farm loans extended are 
constructed. The aggregate estimates for business loans are published 
in the Federal Reserve Bank of Kansas City's quarterly release, Small 
Business Lending Survey, and aggregate estimates for farm loans are 
published in the statistical release, Agricultural Finance Databook.
    Frequency: Quarterly.
    Respondents: The FR 2028B and FR 2028S panels have an authorized 
size of 250 domestically chartered commercial banks. The panel of banks 
has been drawn from a random sample of banks stratified according to 
farm loan volumes since 1989. The authorized panel for the FR 2028D 
panel is 398 domestically chartered commercial banks. The size is based 
on obtaining survey results with a 95% confidence level and 5% standard 
error, allowing for a 10% nonresponse rate. The panel of banks is a 
random sample of banks stratified according to the dollar volumes of 
commercial and industrial loans with original amounts of $1,000,000 or 
less.
    Total estimated number of respondents:
    FR 2028B--250.
    FR 2028S--250.
    FR 2028D--398.
    Estimated average hours per response:
    FR 2028B--1.4.
    FR 2028S--0.1.
    FR 2028D--2.8.
    Total estimated change in burden: (318).
    Total estimated annual burden hours: 5,958.\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 2028.
---------------------------------------------------------------------------

    Current actions: On March 1, 2023, the Board published a notice in 
the Federal Register (88 FR 12934) requesting public comment for 60 
days on the extension, with revision, of the FR 2028. The Federal 
Reserve proposed to revise the FR 2028D form and instructions, to be 
effective for the September 30, 2023, as of date with the transmission 
period beginning on October 1, 2023, based on loan activity over the 
third quarter 2023. The proposed revisions would add clarity in 
reporting instructions and requirements, improve data quality, and make 
slight reductions in reporting burden. These changes include removing 
items related to credit card lending and net drawdowns on lines of 
credit. A question requesting information on how respondents define 
small businesses for the purposes of small business lending would be 
added. Additionally, three questions were modified to add open-ended 
text fields offering respondents the opportunity to provide additional 
information on reasons for changes in lending. Minor wording changes 
are proposed to the form and instructions to add clarity to the survey 
or address changes to the form. Additionally, minor changes are 
proposed to the Frequently Asked Questions section to increase clarity 
of form definitions. The comment period for this notice expired on May 
1, 2023. The Board did not receive any comments. The revisions will be 
implemented as proposed.

    Board of Governors of the Federal Reserve System, June 1, 2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-12103 Filed 6-6-23; 8:45 am]
BILLING CODE 6210-01-P
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