Agency Information Collection Activities; Submission for OMB Review; Comment Request; Emergency Capital Investment Program, 41465-41466 [2023-13492]

Download as PDF Federal Register / Vol. 88, No. 121 / Monday, June 26, 2023 / Notices Entities DEPARTMENT OF THE TREASURY 1. MINISTRY OF DEFENSE OF BURMA (a.k.a. MINISTRY OF DEFENCE OF BURMA; a.k.a. TATMADAW), Building 24, Nay Pyi Taw, Burma; Organization Established Date 01 Aug 1937; Target Type Government Entity [BURMA–EO14014]. Designated pursuant to section 1(a)(iv) of Executive Order 14014 of February 10, 2021, ‘‘Blocking Property With Respect to the Situation in Burma’’, 86 FR 9429 (‘‘E.O. 14014’’) for being a political subdivision, agency, or instrumentality of the Government of Burma. 2. MYANMA FOREIGN TRADE BANK (a.k.a. MYANMAR FOREIGN TRADE BANK; a.k.a. ‘‘MFTB’’), 80–86 Maha Bandoola Garden Street, Yangon, Burma; SWIFT/BIC MFTBMMMY; Organization Established Date 1976; Target Type Financial Institution [BURMA–EO14014]. Designated pursuant to section 1(a)(iv) of E.O. 14014 for being a political subdivision, agency, or instrumentality of the Government of Burma. 3. MYANMA INVESTMENT AND COMMERICAL BANK (a.k.a. MYANMAR INVESTMENT AND COMMERCIAL BANK; a.k.a. ‘‘MICB’’), 170/176 Bo Aung Kyaw Street, Botataung Township, Yangon, Burma; 170/176 Bo Aung Gyaw Street, Yangong, Burma; SWIFT/BIC MICBMMMY; Organization Established Date 1990; Target Type Financial Institution [BURMA– EO14014]. Designated pursuant to section 1(a)(iv) of E.O. 14014 for being a political subdivision, agency, or instrumentality of the Government of Burma. Internal Revenue Service B. OFAC previously determined on January 31, 2023 that the individual listed below met one or more of the criteria under E.O. 14014. On June 21, 2023, the Director of OFAC determined that circumstances no longer warrant the inclusion of the following individual on the SDN List under this authority. These persons are no longer subject to the blocking provisions of Section 1(a)(iii)(B) of E.O. 14014. Internal Revenue Service Advisory Council; Meeting Internal Revenue Service, Department of Treasury. ACTION: Notice of meeting. AGENCY: The Internal Revenue Service Advisory Council will hold a public meeting. DATES: The meeting will be held Wednesday, July 19, 2023. ADDRESSES: The meeting will be held virtually. FOR FURTHER INFORMATION CONTACT: Ms. Anna Brown, Office of National Public Liaison, at 202–317–6564 or send an email to PublicLiaison@irs.gov. SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to 5 U.S.C. 10(a)(2) of the Federal Advisory Committee Act, that a public meeting of the Internal Revenue Service Advisory Council (IRSAC) will be held on Wednesday, July 19, 2023, to discuss topics that may be recommended for inclusion in a future report of the Council. The virtual meeting will take place at 3 p.m. eastern time. To confirm your attendance, members of the public may contact Anna Brown at 202–317–6564 or send an email to PublicLiaison@irs.gov. Attendees are encouraged to join at least five minutes before the meeting begins. Should you wish the IRSAC to consider a written statement germane to the Council’s work, please call 202– 317–6564 or email PublicLiaison@ irs.gov by July 17, 2023. SUMMARY: Dated: June 21, 2023. John A. Lipold, Designated Federal Official, Office of National Public Liaison, Internal Revenue Service. [FR Doc. 2023–13507 Filed 6–23–23; 8:45 am] BILLING CODE P Individual 1. MIN, Than, Burma; DOB 23 Nov 1956; POB Myinmu, Burma; Gender Male; National ID No. 12 LAMANA 062661 (Burma) (individual) [BURMA–EO14014]. ddrumheller on DSK120RN23PROD with NOTICES1 Authority: E.O. 14014, 86 FR 9429. Dated: June 21, 2023. Andrea M. Gacki, Director, Office of Foreign Assets Control, U.S. Department of the Treasury. [FR Doc. 2023–13515 Filed 6–23–23; 8:45 am] 19:33 Jun 23, 2023 Agency Information Collection Activities; Submission for OMB Review; Comment Request; Emergency Capital Investment Program Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. AGENCY: The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget SUMMARY: BILLING CODE 4810–AL–P VerDate Sep<11>2014 DEPARTMENT OF THE TREASURY Jkt 259001 PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 41465 (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests. DATES: Comments should be received on or before July 26, 2023 to be assured of 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. Copies of the submissions may be obtained from Melody Braswell by emailing PRA@ treasury.gov, calling (202) 622–1035, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Title: Emergency Capital Investment Program. OMB Control Number:1505–0267. Type of Review: Extension of a currently approved collection. Description: The Consolidated Appropriations Act, 2021, signed into law on December 27, 2020, added section 104A of the Community Development Banking and Financial Institutions Act of 1994 (the ‘‘Act’’). Section 104A authorizes the Secretary of the Treasury to establish the Emergency Capital Investment Program (Program) to support the efforts of low- and moderate-income community financial institutions to, among other things, provide loans, grants, and forbearance for small businesses, minority-owned businesses, and consumers, especially in low-income and underserved communities, including persistent poverty counties, that may be disproportionately impacted by the economic effects of the COVID–19 pandemic by providing direct and indirect capital investments in low-and moderate-income community financial institutions. Applications, a state regulator response form, and eligible applicant intent to participate form were previously approved under OMB Control Number 1505–0267. Following review of the applications, Treasury will enter into letter agreements (agreements) with participating financial institutions. These agreements contain standardized information collection necessary for the legal closing process. The agreements collect information from applicants in two general categories: (1) administrative information needed to E:\FR\FM\26JNN1.SGM 26JNN1 ddrumheller on DSK120RN23PROD with NOTICES1 41466 Federal Register / Vol. 88, No. 121 / Monday, June 26, 2023 / Notices facilitate payments and notifications and (2) disclosures to Treasury (e.g. litigation or exceptions to representations and warranties). Participants are the only parties that can provide information of this type to Treasury. Treasury will publish this form on the Treasury website. Based on this publication, Treasury will provide an opportunity for eligible applicants to review the terms and conditions of the investments prior to indicating to Treasury whether the institution intends to participate in the Program. Form Name: Letter Agreements; Applicant Notification Letter. Affected Public: Private sector, businesses or other for-profits, nonprofit institutions. Estimated Number of Respondents: 372 respondents. Frequency of Response: Once, annually. Estimated Total Number of Annual Responses: 372 total responses (186 annual responses to Letter Agreements; 186 annual responses to Applicant Notification Letter). Estimated Time per Response: 8 hours annually for Letter Agreements; 15 minutes for response to Applicant Notification Letter. Estimated Total Annual Burden Hours: 1,535 hours. 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. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2023–13492 Filed 6–23–23; 8:45 am] BILLING CODE 4810–ak–P VerDate Sep<11>2014 19:33 Jun 23, 2023 Jkt 259001 DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Financial Crimes Enforcement Network (FinCEN). Financial Crimes Enforcement Network, U.S. Department of the Treasury. ACTION: Notice. AGENCY: As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comments on the proposed renewal, without change, to an information collection requirement contained in FinCEN’s regulations and FinCEN Form 107— Registration of Money Services Business (RMSB). Under the regulations, money services businesses (MSBs) must register with FinCEN using FinCEN Form 107, renew their registration every two years, and maintain a list of their agents. This request for comments is made pursuant to the Paperwork Reduction Act of 1995. DATES: Comments should be received on or before July 26, 2023 to be assured of 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. Copies of the submissions may be obtained from Melody Braswell by emailing PRA@treasury.gov, calling (202) 622–1035, or viewing the entire information collection request at www.reginfo.gov. SUMMARY: SUPPLEMENTARY INFORMATION: Financial Crimes Enforcement Network (FinCEN) Title: Registration of Money Services Businesses. OMB Control Number: 1506–0013. Form Number: FinCEN Form 107— RMSB. Abstract: FinCEN is issuing this notice to renew the OMB control number for the registration of money services business regulations at 31 CFR 1022.380 and FinCEN Form 107— RMSB. Type of Review: Extension without change of a currently approved information collection. Affected Public: Business or other forprofit institutions. PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 Initial Registration Frequency: As required. Estimated Burden per Respondent: FinCEN estimates that the hourly burden of filing and maintaining a copy of the initial RMSB form is 1 hour and 10 minutes. (1 hour to fill out the form and file it, and 10 minutes to save the form electronically and print out a copy to maintain). FinCEN stipulates that the information required to be included on the form is basic information MSBs need to maintain to conduct business. The e-filing system prompts MSBs to save the registration form after submission. Estimated Number of Respondents: 3,603 MSBs. Estimated Total Annual Burden Hours: 4,204 hours. Registration Renewal Frequency: Every two years. Estimated Burden per Respondent: FinCEN estimates that the hourly burden of filing and maintaining a copy of the renewal of the RMSB form is 40 minutes (30 minutes to revise the form and file it, and 10 minutes to save the form electronically and print out a copy to maintain). FinCEN stipulates that the information required to be included on the form is basic information MSBs need to maintain to conduct business. In addition, FinCEN’s e-filing system allows MSBs to open a previously filed RMSB form and the electronic form is pre-populated with the information from the prior filing. MSBs can amend Part I by selecting item 1b (renewal) and submit the form. MSBs can update any information required on the form prior to submitting the form electronically. The e-filing system prompts MSBs to save the registration form after submission. Estimated Number of Respondents: 8,429 MSBs. Estimated Total Annual Burden Hours: 5,619 hours. Re-Registration Frequency: As required. Estimated Burden per Respondent: FinCEN estimates that the hourly burden of filing and maintaining a copy of the re-registration of the RMSB form is 40 minutes (30 minutes to revise the form and file it, and 10 minutes to save the form electronically and print out a copy to maintain). FinCEN stipulates that the information required to be included on the form is basic information MSBs need to maintain to conduct business. In addition, FinCEN’s e-filing system allows MSBs to open a previously filed RMSB form and the electronic form is pre-populated with E:\FR\FM\26JNN1.SGM 26JNN1

Agencies

[Federal Register Volume 88, Number 121 (Monday, June 26, 2023)]
[Notices]
[Pages 41465-41466]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-13492]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Emergency Capital Investment Program

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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

SUMMARY: The Department of the Treasury 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. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before July 26, 2023 to be 
assured of 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. Copies of 
the submissions may be obtained from Melody Braswell by emailing 
[email protected], calling (202) 622-1035, or viewing the entire 
information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Emergency Capital Investment Program.
    OMB Control Number:1505-0267.
    Type of Review: Extension of a currently approved collection.
    Description: The Consolidated Appropriations Act, 2021, signed into 
law on December 27, 2020, added section 104A of the Community 
Development Banking and Financial Institutions Act of 1994 (the 
``Act''). Section 104A authorizes the Secretary of the Treasury to 
establish the Emergency Capital Investment Program (Program) to support 
the efforts of low- and moderate-income community financial 
institutions to, among other things, provide loans, grants, and 
forbearance for small businesses, minority-owned businesses, and 
consumers, especially in low-income and underserved communities, 
including persistent poverty counties, that may be disproportionately 
impacted by the economic effects of the COVID-19 pandemic by providing 
direct and indirect capital investments in low-and moderate-income 
community financial institutions.
    Applications, a state regulator response form, and eligible 
applicant intent to participate form were previously approved under OMB 
Control Number 1505-0267. Following review of the applications, 
Treasury will enter into letter agreements (agreements) with 
participating financial institutions. These agreements contain 
standardized information collection necessary for the legal closing 
process. The agreements collect information from applicants in two 
general categories: (1) administrative information needed to

[[Page 41466]]

facilitate payments and notifications and (2) disclosures to Treasury 
(e.g. litigation or exceptions to representations and warranties). 
Participants are the only parties that can provide information of this 
type to Treasury. Treasury will publish this form on the Treasury 
website. Based on this publication, Treasury will provide an 
opportunity for eligible applicants to review the terms and conditions 
of the investments prior to indicating to Treasury whether the 
institution intends to participate in the Program.
    Form Name: Letter Agreements; Applicant Notification Letter.
    Affected Public: Private sector, businesses or other for-profits, 
non-profit institutions.
    Estimated Number of Respondents: 372 respondents.
    Frequency of Response: Once, annually.
    Estimated Total Number of Annual Responses: 372 total responses 
(186 annual responses to Letter Agreements; 186 annual responses to 
Applicant Notification Letter).
    Estimated Time per Response: 8 hours annually for Letter 
Agreements; 15 minutes for response to Applicant Notification Letter.
    Estimated Total Annual Burden Hours: 1,535 hours.
    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.

Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2023-13492 Filed 6-23-23; 8:45 am]
BILLING CODE 4810-ak-P
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