Agency Information Collection Activities; Submission for OMB Review; Comment Request; Terrorism Risk Insurance Program (TRIP), 83422-83423 [2023-26259]
Download as PDF
<![CDATA[
83422
Federal Register / Vol. 88, No. 228 / Wednesday, November 29, 2023 / Notices
of Investment Management, Chief
Counsel’s Office, 100 F Street NE,
Washington, DC 20549–8010.
E.M.O. Sterling Return LT Fund LP
[File No. 811–23278]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. Applicant
currently has 49 beneficial owners, is
not presently making a public offering
of securities and does not propose to
make any public offering of securities.
Applicant will continue to operate as a
private investment fund in reliance on
Section 3(c)(1) of the Act.
Filing Date: The application was filed
on October 30, 2023.
Applicant’s Address: 8310 South
Valley Highway, Englewood, Colorado
80112.
NB Private Markets Fund II (Master)
LLC [File No. 811–22476]
ddrumheller on DSK120RN23PROD with NOTICES1
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On October 6,
2023, Applicant made liquidating
distributions to its shareholders based
on net asset value. Expenses of $5,000
incurred in connection with the
liquidation were paid by the Applicant.
Applicant also has retained $38,400 for
the purpose of paying expected
liabilities.
Filing Dates: The application was
filed on October 16, 2023.
Applicant’s Address: 325 North Saint
Paul Street, 49th Floor, Dallas, Texas
75201.
distributions to its shareholders based
on net asset value. Expenses of $3,500
incurred in connection with the
liquidation were paid by the applicant.
Applicant also has retained $23,400 for
the purpose of paying expected
liabilities.
Filing Dates: The application was
filed on October 16, 2023.
Applicant’s Address: 325 North Saint
Paul Street, 49th Floor, Dallas, Texas
75201.
Western Asset Municipal Partners Fund
Inc. [File No. 811–07362]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. The Applicant has
transferred its assets to Western Asset
Managed Municipals Fund Inc., and on
October 16, 2023 made a final
distribution to its shareholders based on
net asset value. Expenses of $1,248,932
incurred in connection with the
reorganization were paid by the
Applicant and the acquiring fund.
Filing Date: The application was filed
on October 16, 2023.
Applicant’s Address: 620 Eighth
Avenue, 47th Floor, New York, New
York 10018.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Christina Z. Milnor,
Assistant Secretary.
[FR Doc. 2023–26236 Filed 11–28–23; 8:45 am]
BILLING CODE 8011–01–P
NB Private Markets Fund II (TE) LLC
[File No. 811–22474]
DEPARTMENT OF THE TREASURY
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On October 6,
2023, Applicant made liquidating
distributions to its shareholders based
on net asset value. Expenses of $3,500
incurred in connection with the
liquidation were paid by the Applicant.
Applicant also has retained $28,400 for
the purpose of paying expected
liabilities.
Filing Dates: The application was
filed on October 16, 2023.
Applicant’s Address: 325 North Saint
Paul Street, 49th Floor, Dallas, Texas
75201.
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Terrorism
Risk Insurance Program (TRIP)
NB Private Markets Fund II (TI) LLC
[File No. 811–22475]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On October 6,
2023, Applicant made liquidating
VerDate Sep<11>2014
17:26 Nov 28, 2023
Jkt 262001
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice of information collection;
request for comment.
AGENCY:
The Department of the
Treasury will submit the following
information collection request 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
this request.
DATES: Comments should be received on
or before January 2, 2024 to be assured
of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
SUMMARY:
PO 00000
Frm 00045
Fmt 4703
Sfmt 4703
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 submissions may be
obtained from Spencer W. Clark by
emailing PRA@treasury.gov, calling
(202) 927–5331, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Departmental Offices (DO)
Title: Terrorism Risk Insurance
Program (TRIP).
OMB Control Number: 1505–0200.
Type of Review: Extension without
change of a currently approved
collection.
Description: The Terrorism Risk
Insurance Act of 2002, as amended
(TRIA or the Act), established the
Terrorism Risk Insurance Program (TRIP
or Program). The Act establishes a
temporary Federal program of shared
public and private compensation for
insured commercial property and
casualty losses resulting from an ‘‘act of
terrorism,’’ as defined by TRIA. In order
for the Program to make payments
following a certified ‘‘act of terrorism,’’
the losses from an event must exceed
certain thresholds and be in excess of
participating insurer deductibles. Only
‘‘acts of terrorism’’ that have been
certified as such by the Secretary (in
consultation with the Attorney General
and the Secretary of Homeland Security)
are subject to the compensation
provisions of the Program. In the event
Treasury does make payments under the
Program, it may be required, through
surcharges imposed upon all
commercial policyholders, to recoup
some or all of any amounts expended.
Since the inception of the Program in
2002, Treasury has sought and obtained
from the Office of Management and
Budget (OMB) approvals for information
collections that will be necessary if
Treasury needs to process claims for the
Federal share of compensation, and
potentially recoup amounts expended as
required under TRIA. Most of these
information collections are managed
through forms that have been developed
by Treasury to permit participating
insurers to demonstrate that they are
entitled to payments for the Federal
share of compensation. In some cases
(as explained further in this Notice), the
information collection is not subject to
a specific form but is based upon
E:\FR\FM\29NON1.SGM
29NON1
Federal Register / Vol. 88, No. 228 / Wednesday, November 29, 2023 / Notices
ddrumheller on DSK120RN23PROD with NOTICES1
circumstances that may develop in the
future, in the event the Program is
triggered, or might be triggered, by the
Secretary’s certification of an act of
terrorism.
In December 2019, the Terrorism Risk
Insurance Program Reauthorization Act
of 2019 extended the Program until
December 31, 2027. Therefore, to
administer the Program, Treasury needs
to continue the existing information
collections to permit the receipt and
resolution of claims, and potential
recoupment of amounts expended by
Treasury. Treasury seeks to extend these
previously approved collections without
change. Treasury has updated the
burden estimates associated with the
renewal of the existing forms or
collection obligations to account for the
current number of insurers participating
in the Program, based upon the best
VerDate Sep<11>2014
17:26 Nov 28, 2023
Jkt 262001
information now available to Treasury.
As there are no proposed changes to the
current forms or collection obligations,
there are no changes to the previously
estimated time burdens associated with
the completion of those forms and
collection obligations. None of the
identified information collections will
be triggered unless there is a certified
act of terrorism (including the claims
information that an insurer seeking
payment of the Federal share of
compensation would need to provide),
or in some cases where Treasury is
considering certification of an act of
terrorism. Treasury has designed the
forms to identify elements that insurers
typically collect already in their
ordinary course of business when
handling insurance claims, which will
minimize any burden associated with
their completion.
PO 00000
Frm 00046
Fmt 4703
Sfmt 9990
83423
Form: Treasury Forms TRIP 01, 02,
02A, 02B, 02C, 03, 04A, 04B, 05, 06 &
07.
Affected Public: Business/financial
institutions.
Estimated Number of Respondents:
9,181.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 46,431.
Estimated Time per Response: Varies
from 15 minutes to 40 hours depending
on form or submission type.
Estimated Total Annual Burden
Hours: 257,077.
Authority: 44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2023–26259 Filed 11–28–23; 8:45 am]
BILLING CODE 4810–AK–P
E:\FR\FM\29NON1.SGM
29NON1
]]>Agencies
[Federal Register Volume 88, Number 228 (Wednesday, November 29, 2023)]
[Notices]
[Pages 83422-83423]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26259]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Terrorism Risk Insurance Program (TRIP)
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of information collection; request for comment.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury will submit the following
information collection request 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 this request.
DATES: Comments should be received on or before January 2, 2024 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.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Spencer W. Clark by emailing [email protected], calling
(202) 927-5331, or viewing the entire information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Departmental Offices (DO)
Title: Terrorism Risk Insurance Program (TRIP).
OMB Control Number: 1505-0200.
Type of Review: Extension without change of a currently approved
collection.
Description: The Terrorism Risk Insurance Act of 2002, as amended
(TRIA or the Act), established the Terrorism Risk Insurance Program
(TRIP or Program). The Act establishes a temporary Federal program of
shared public and private compensation for insured commercial property
and casualty losses resulting from an ``act of terrorism,'' as defined
by TRIA. In order for the Program to make payments following a
certified ``act of terrorism,'' the losses from an event must exceed
certain thresholds and be in excess of participating insurer
deductibles. Only ``acts of terrorism'' that have been certified as
such by the Secretary (in consultation with the Attorney General and
the Secretary of Homeland Security) are subject to the compensation
provisions of the Program. In the event Treasury does make payments
under the Program, it may be required, through surcharges imposed upon
all commercial policyholders, to recoup some or all of any amounts
expended.
Since the inception of the Program in 2002, Treasury has sought and
obtained from the Office of Management and Budget (OMB) approvals for
information collections that will be necessary if Treasury needs to
process claims for the Federal share of compensation, and potentially
recoup amounts expended as required under TRIA. Most of these
information collections are managed through forms that have been
developed by Treasury to permit participating insurers to demonstrate
that they are entitled to payments for the Federal share of
compensation. In some cases (as explained further in this Notice), the
information collection is not subject to a specific form but is based
upon
[[Page 83423]]
circumstances that may develop in the future, in the event the Program
is triggered, or might be triggered, by the Secretary's certification
of an act of terrorism.
In December 2019, the Terrorism Risk Insurance Program
Reauthorization Act of 2019 extended the Program until December 31,
2027. Therefore, to administer the Program, Treasury needs to continue
the existing information collections to permit the receipt and
resolution of claims, and potential recoupment of amounts expended by
Treasury. Treasury seeks to extend these previously approved
collections without change. Treasury has updated the burden estimates
associated with the renewal of the existing forms or collection
obligations to account for the current number of insurers participating
in the Program, based upon the best information now available to
Treasury. As there are no proposed changes to the current forms or
collection obligations, there are no changes to the previously
estimated time burdens associated with the completion of those forms
and collection obligations. None of the identified information
collections will be triggered unless there is a certified act of
terrorism (including the claims information that an insurer seeking
payment of the Federal share of compensation would need to provide), or
in some cases where Treasury is considering certification of an act of
terrorism. Treasury has designed the forms to identify elements that
insurers typically collect already in their ordinary course of business
when handling insurance claims, which will minimize any burden
associated with their completion.
Form: Treasury Forms TRIP 01, 02, 02A, 02B, 02C, 03, 04A, 04B, 05,
06 & 07.
Affected Public: Business/financial institutions.
Estimated Number of Respondents: 9,181.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 46,431.
Estimated Time per Response: Varies from 15 minutes to 40 hours
depending on form or submission type.
Estimated Total Annual Burden Hours: 257,077.
Authority: 44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2023-26259 Filed 11-28-23; 8:45 am]
BILLING CODE 4810-AK-P
