Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments, 37290-37291 [2023-12117]

Download as PDF 37290 Federal Register / Vol. 88, No. 109 / Wednesday, June 7, 2023 / Notices Docket: OMB has established a docket for the April 7, 2023 notice under Docket ID No. OMB–2022–0014. Richard L. Revesz, Administrator, Office of Information and Regulatory Affairs. [FR Doc. 2023–12231 Filed 6–5–23; 4:15 pm] BILLING CODE 3110–01–P NATIONAL CREDIT UNION ADMINISTRATION Renewal of Agency Information Collections for Comments Request: Proposed Collections National Credit Union Administration (NCUA). ACTION: Notice and request for comments. AGENCY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. SUMMARY: Written comments should be received on or before August 7, 2023 to be assured consideration. ADDRESSES: Interested persons are invited to submit written comments on the information collection to Mahala Vixamar, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314, Suite 5067; Fax No. 703–519–8579; or Email at PRAComments@NCUA.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by contacting Mahala Vixamar at (703) 518–6540, emailing PRAComments@ncua.gov, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: OMB Number: 3133–0134. Title: Account Based Disclosures in Connection with 12 CFR part 707 (Truth in Savings). Type of Review: Extension of a previously approved collection. Abstract: NCUA’s TISA regulation requires credit unions to provide specific disclosures when an account is opened, when a disclosed term changes or a term account is close to renewal, on periodic statements of account activity, in advertisements, and upon a member’s or potential member’s request. Credit unions that provide periodic statements are required to include information about fees imposed, the annual lotter on DSK11XQN23PROD with NOTICES1 DATES: VerDate Sep<11>2014 17:01 Jun 06, 2023 Jkt 259001 percentage yield earned during those statement periods, and other account terms. The requirements for creating and disseminating account disclosures, change in terms notices, term share renewal notices, statement disclosures, and advertising disclosures are necessary to implement TISA’s purpose of providing the public with information that will permit informed comparisons of accounts at depository institutions. Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 373,870. OMB Number: 3133–0154. Type of Review: Extension of a previously approved collection. Title: Prompt Corrective Action, 12 CFR 702 (Subparts A–D). Abstract: Section 216 of the Federal Credit Union Act mandates prompt corrective action (PCA) requirements for federally insured credit unions (FICUs) that become less than well capitalized. Section 216 requires the NCUA Board to (1) adopt, by regulation, a system of prompt corrective action to restore the net worth of inadequately capitalized FICUs and (2) develop an alternative system of prompt corrective action for new credit unions that carries out the purpose of PCA while allowing an FICU reasonable time to build its net worth to an adequately capitalized level. The purpose of PCA is to resolve the problems of FICUs at the least possible long-term loss to the National Credit Union Share Insurance Fund (NCUSIF). Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 569. OMB Number: 3133–0166. Type of Review: Extension of a previously approved collection. Title: Home Mortgage Disclosure Act (HMDA), 12 CFR 1003 (Regulation C). Abstract: The collection of this data is required under the Home Mortgage Disclosure Act. The information collection is intended to provide the public with loan data that can be used to help determine whether financial institutions are serving the housing needs of their communities; to assist public officials in distributing publicsector investments so as to attract private investment to areas where it is needed; and to assist in identifying possible discriminatory lending patterns and enforcing anti-discrimination statutes. Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 108,175. OMB Number: 3133–0167. PO 00000 Frm 00092 Fmt 4703 Sfmt 4703 Type of Review: Extension of a previously approved collection. Title: Foreign Branching, 12 CFR 741.11. Abstract: This collection covers the additional information a credit union must provide to establish a branch office outside the United States (except for U.S. embassies and military installations). The application must include (1) a business plan, (2) written approval by the state supervisory agency if the applicant is a state-chartered credit union, and (3) documentation evidencing written permission from the host country to establish the branch that explicitly recognizes NCUA’s authority to examine and take any enforcement actions, including conservatorship and liquidation actions. Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 33. 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. The public is invited to submit comments concerning: (a) whether the collection of information is necessary for the proper performance of the function of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information, including the validity of the methodology and assumptions used; (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 the information on the respondents, including the use of automated collection techniques or other forms of information technology. By the National Credit Union Administration Board. Melane Conyers-Ausbrooks, Secretary of the Board. [FR Doc. 2023–12116 Filed 6–6–23; 8:45 am] BILLING CODE 7535–01–P NATIONAL CREDIT UNION ADMINISTRATION Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. AGENCY: E:\FR\FM\07JNN1.SGM 07JNN1 Federal Register / Vol. 88, No. 109 / Wednesday, June 7, 2023 / Notices As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following extensions of currently approved collections to the Office of Management and Budget (OMB) for renewal. DATES: Written comments should be received on or before July 7, 2023 to be assured consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by contacting Mahala Vixamar at (703) 718–1155, emailing PRAComments@ncua.gov, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: OMB Number: 3133–0033. Title: Security Program, 12 CFR 748. Type of Review: Extension of a previously approved collection. Abstract: In accordance with Title V of the Gramm-Leach-Bliley Act (15 U.S.C. 6801 et seq.), as implemented by 12 CFR part 748, federally insured credit unions (FICU) are required to develop and implement a written security program to safeguard sensitive member information. This information collection requires that such programs be designed to respond to incidents of unauthorized access or use, in order to prevent substantial harm or serious inconvenience to members. Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 240,397. OMB Number: 3133–0101. Type of Review: Extension of a previously approved collection. Title: 12 CFR part 723, Member Business Loans; Commercial Lending. Abstract: As part of NCUA’s Regulatory Modernization Initiative, the NCUA Board amends its member business loan (MBL) rule (part 723) to provide federally insured credit unions with greater flexibility and individual autonomy in safely and soundly providing commercial and business loans to serve their members. The rule modernizes the regulatory requirements that govern credit union commercial lending activities by replacing the current rule’s prescriptive requirement and limitations with a broad principlesbased regulatory approach. lotter on DSK11XQN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 17:01 Jun 06, 2023 Jkt 259001 Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 3,656. OMB Number: 3133–0103. Type of Review: Extension of a previously approved collection. Title: Recordkeeping and Disclosure Requirements Associated with Regulations B, E, M, and CC. Abstract: The third-party disclosure and recordkeeping requirements in this collection are required by statute and regulation. The regulations prescribe certain aspects of the credit application and notification process, making certain disclosures, uniform methods for computing the costs of credit, disclosing credit terms and cost, resolving errors on certain types of credit accounts, and timing requirements and disclosures relating to the availability of deposited funds. Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 3,039,328. OMB Number: 3133–0152. Type of Review: Extension of a previously approved collection. Title: Management Official Interlocks. Abstract: NCUA requires this information collection to ensure federally insured credit unions comply with NCUA’s Management Official Interlocks regulation at 12 CFR part 711, implementing the Depository Institution Management Interlocks Act (‘‘Interlocks Act’’) (12 U.S.C. 3201–3208). The Interlocks Act generally prohibits financial institution management officials from serving simultaneously with two unaffiliated depository institutions or their holding companies. For credit unions, the Interlocks Act restricts interlocks between credit unions and other types of financial institutions. 12 U.S.C. 3204(3). Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 6. OMB Number: 3133–0196. Type of Review: Extension of a previously approved collection. Title: Contractor’s Diversity Profile. Abstract: In accordance with section 342 of the Dodd-Frank Act, each new contract award whose dollar value exceeds $100,000 will include a Good Faith Effort (GFE) certification that a contractor ensures the fair inclusion of women and minorities in the workforce of the contractor and, as applicable, subcontractors. As part of this compliance review, selected contractors will be sent a Contractor’s Diversity Profile to provide documentation outlined in the GFE certification to NCUA. PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 37291 Affected Public: Private Sector: Notfor-profit institutions. Estimated Total Annual Burden Hours: 26.7. Request for Comments: NCUA published a notice requesting comments on renewal of those information collections under 88 FR 23691 and comments were not received. NCUA requests that comments on this collection to the location listed in the ADDRESSES section. The public is invited to submit comments concerning: (a) whether the collection of information is necessary for the proper execution of the function of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information, including the validity of the methodology and assumptions used; (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 the information on the respondents, including the use of automated collection techniques or other forms of information technology. By the National Credit Union Administration Board. Melane Conyers-Ausbrooks, Secretary of the Board. [FR Doc. 2023–12117 Filed 6–6–23; 8:45 am] BILLING CODE 7535–01–P NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES National Endowment for the Arts Arts Advisory Panel Meetings AGENCY: National Endowment for the Arts. ACTION: Notice of meetings. Pursuant to the Federal Advisory Committee Act, as amended, notice is hereby given that 21 meetings of the Arts Advisory Panel to the National Council on the Arts will be held by teleconference or videoconference. DATES: See the SUPPLEMENTARY INFORMATION section for individual meeting times and dates. All meetings are Eastern time and ending times are approximate: ADDRESSES: National Endowment for the Arts, Constitution Center, 400 7th St. SW, Washington, DC 20506. FOR FURTHER INFORMATION CONTACT: Further information with reference to these meetings can be obtained from David Travis, Office of Guidelines & Panel Operations, National Endowment SUMMARY: E:\FR\FM\07JNN1.SGM 07JNN1

Agencies

[Federal Register Volume 88, Number 109 (Wednesday, June 7, 2023)]
[Notices]
[Pages 37290-37291]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-12117]


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NATIONAL CREDIT UNION ADMINISTRATION


Renewal of Agency Information Collection of a Previously Approved 
Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice of submission to the Office of Management and Budget.

-----------------------------------------------------------------------

[[Page 37291]]

SUMMARY: As required by the Paperwork Reduction Act of 1995, The 
National Credit Union Administration (NCUA) is submitting the following 
extensions of currently approved collections to the Office of 
Management and Budget (OMB) for renewal.

DATES: Written comments should be received on or before July 7, 2023 to 
be assured consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Copies of the submission may be 
obtained by contacting Mahala Vixamar at (703) 718-1155, emailing 
[email protected], or viewing the entire information collection 
request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 3133-0033.
    Title: Security Program, 12 CFR 748.
    Type of Review: Extension of a previously approved collection.
    Abstract: In accordance with Title V of the Gramm-Leach-Bliley Act 
(15 U.S.C. 6801 et seq.), as implemented by 12 CFR part 748, federally 
insured credit unions (FICU) are required to develop and implement a 
written security program to safeguard sensitive member information. 
This information collection requires that such programs be designed to 
respond to incidents of unauthorized access or use, in order to prevent 
substantial harm or serious inconvenience to members.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 240,397.
    OMB Number: 3133-0101.
    Type of Review: Extension of a previously approved collection.
    Title: 12 CFR part 723, Member Business Loans; Commercial Lending.
    Abstract: As part of NCUA's Regulatory Modernization Initiative, 
the NCUA Board amends its member business loan (MBL) rule (part 723) to 
provide federally insured credit unions with greater flexibility and 
individual autonomy in safely and soundly providing commercial and 
business loans to serve their members. The rule modernizes the 
regulatory requirements that govern credit union commercial lending 
activities by replacing the current rule's prescriptive requirement and 
limitations with a broad principles-based regulatory approach.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 3,656.
    OMB Number: 3133-0103.
    Type of Review: Extension of a previously approved collection.
    Title: Recordkeeping and Disclosure Requirements Associated with 
Regulations B, E, M, and CC.
    Abstract: The third-party disclosure and recordkeeping requirements 
in this collection are required by statute and regulation. The 
regulations prescribe certain aspects of the credit application and 
notification process, making certain disclosures, uniform methods for 
computing the costs of credit, disclosing credit terms and cost, 
resolving errors on certain types of credit accounts, and timing 
requirements and disclosures relating to the availability of deposited 
funds.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 3,039,328.
    OMB Number: 3133-0152.
    Type of Review: Extension of a previously approved collection.
    Title: Management Official Interlocks.
    Abstract: NCUA requires this information collection to ensure 
federally insured credit unions comply with NCUA's Management Official 
Interlocks regulation at 12 CFR part 711, implementing the Depository 
Institution Management Interlocks Act (``Interlocks Act'') (12 U.S.C. 
3201-3208). The Interlocks Act generally prohibits financial 
institution management officials from serving simultaneously with two 
unaffiliated depository institutions or their holding companies. For 
credit unions, the Interlocks Act restricts interlocks between credit 
unions and other types of financial institutions. 12 U.S.C. 3204(3).
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 6.
    OMB Number: 3133-0196.
    Type of Review: Extension of a previously approved collection.
    Title: Contractor's Diversity Profile.
    Abstract: In accordance with section 342 of the Dodd-Frank Act, 
each new contract award whose dollar value exceeds $100,000 will 
include a Good Faith Effort (GFE) certification that a contractor 
ensures the fair inclusion of women and minorities in the workforce of 
the contractor and, as applicable, subcontractors. As part of this 
compliance review, selected contractors will be sent a Contractor's 
Diversity Profile to provide documentation outlined in the GFE 
certification to NCUA.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 26.7.
    Request for Comments: NCUA published a notice requesting comments 
on renewal of those information collections under 88 FR 23691 and 
comments were not received. NCUA requests that comments on this 
collection to the location listed in the ADDRESSES section. The public 
is invited to submit comments concerning: (a) whether the collection of 
information is necessary for the proper execution of the function of 
the agency, including whether the information will have practical 
utility; (b) the accuracy of the agency's estimate of the burden of the 
collection of information, including the validity of the methodology 
and assumptions used; (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 the information on the respondents, 
including the use of automated collection techniques or other forms of 
information technology.

    By the National Credit Union Administration Board.
Melane Conyers-Ausbrooks,
Secretary of the Board.
[FR Doc. 2023-12117 Filed 6-6-23; 8:45 am]
BILLING CODE 7535-01-P
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