Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 84327-84328 [2023-26583]

Download as PDF Federal Register / Vol. 88, No. 232 / Tuesday, December 5, 2023 / Notices other data sources to verify the eligibility of an applicant or subscriber. The Commission found that the National Verifier would reduce compliance costs for Lifeline service providers, improve service for Lifeline subscribers, and reduce waste, fraud, and abuse in the program. The Consolidated Appropriations Act of 2021 directs the FCC to leverage the National Verifier to verify applicants’ eligibility for ACP. The purpose of this matching program is to verify the eligibility of Lifeline and ACP applicants and subscribers by determining whether they receive SNAP and Medicaid benefits administered by the Kentucky Cabinet for Health and Family Services, Department for Community Based Services. Participating Agencies Kentucky Cabinet for Health and Family Services, Department for Community Based Services (source agency); Federal Communications Commission (recipient agency) and Universal Service Administrative Company. Authority for Conducting the Matching Program The authority to conduct the matching program for the FCC’s ACP is 47 U.S.C. 1752(a)–(b). The authority to conduct the matching program for the FCC’s Lifeline program is 47 U.S.C. 254(a)–(c), (j). Purpose(s) Categories of Individuals khammond on DSKJM1Z7X2PROD with NOTICES Categories of Records The categories of records involved in the matching program include, but are not limited to, the last four digits of the applicant’s Social Security Number, date of birth, and first and last name. The National Verifier will transfer these data elements to the Kentucky Cabinet for Health and Family Services, Department for Community Based Services which will respond either ‘‘yes’’ or ‘‘no’’ that the individual is enrolled in a qualifying assistance program: SNAP and Medicaid administered by the Kentucky Cabinet for Health and Family Services, Department for Community Based Services. System(s) of Records The records shared as part of this matching program reside in the Lifeline system of records, FCC/WCB–1, Lifeline, which was published in the Federal Register at 86 FR 11526 (Feb. 25, 2021). The records shared as part of this matching program reside in the ACP system of records, FCC/WCB–3, Affordable Connectivity Program, which was published in the Federal Register at 86 FR 71494 (Dec. 16, 2021). Federal Communications Commission. Marlene Dortch, Secretary. [FR Doc. 2023–26695 Filed 12–4–23; 8:45 am] BILLING CODE 6712–01–P The purpose of this new matching agreement is to verify the eligibility of applicants and subscribers to Lifeline, as well as to ACP and other Federal programs that use qualification for Lifeline as an eligibility criterion. This new agreement will permit eligibility verification for the Lifeline program and ACP by checking an applicant’s/ subscriber’s participation in SNAP and Medicaid in Kentucky. Under FCC rules, consumers receiving these benefits qualify for Lifeline discounts and also for ACP benefits. The categories of individuals whose information is involved in the matching program include, but are not limited to, those individuals who have applied for Lifeline and/or ACP benefits; are currently receiving Lifeline and/or ACP benefits; are individuals who enable another individual in their household to qualify for Lifeline and/or ACP benefits; are minors whose status qualifies a parent or guardian for Lifeline and/or ACP benefits; or are individuals who VerDate Sep<11>2014 have received Lifeline and/or ACP benefits. 16:35 Dec 04, 2023 Jkt 262001 https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the 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 December 20, 2023. A. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & Acquisitions) 2200 N Pearl Street, Dallas, Texas 75201–2272. Comments can also be sent electronically to Comments.applications@dal.frb.org: 1. Francisco Perales, San Antonio, Texas; to acquire voting shares of San Diego Bancshares, Inc., and thereby indirectly acquire voting shares of First State Bank of San Diego, both of San Diego, Texas. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–26687 Filed 12–4–23; 8:45 am] BILLING CODE 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 Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies and the Annual Report of Merchant Banking Investments Held for an Extended Period (FR Y–12, FR Y–12A; OMB No. 7100–0300). 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. AGENCY: 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 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 84327 E:\FR\FM\05DEN1.SGM 05DEN1 khammond on DSKJM1Z7X2PROD with NOTICES 84328 Federal Register / Vol. 88, No. 232 / Tuesday, December 5, 2023 / Notices 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. Total estimated change in burden: 66. Total estimated annual burden hours: 2,021. 1 Current actions: On July 19, 2023, the Board published a notice in the Federal Register (88 FR 46161) requesting public comment for 60 days on the extension, with revision, of the FR Y– 12 and FR Y–12A. The Board proposed to revise the FR Y–12 and FR Y–12A instructions by clarifying when respondents should submit their reports when the submission deadline falls on a weekend or holiday, modifying and clarifying recordkeeping requirements, clarifying the reported amount of a firm’s aggregate nonfinancial equity investment, clarifying which columns are applicable to certain FR Y–12 schedules, and aligning the two reports’ submission deadlines. The comment period for this notice expired on September 18, 2023. The Board did not receive any comments. The revisions will be implemented as originally proposed. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Information Collection Collection title: Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies and the Annual Report of Merchant Banking Investments Held for an Extended Period. Collection identifier: FR Y–12, FR Y– 12A. OMB control number: 7100–0300. Effective Date: December 31, 2023. General description of collection: The FR Y–12 report collects information from certain holding companies on their equity investments in nonfinancial companies. The FR Y–12A report collects information from certain financial holding companies (FHCs) on merchant banking investments that they have held for longer than 8 years (or 13 years in the case of investments held through a qualifying private equity fund). The Board uses the FR Y–12 report to monitor the growth in equity investments in nonfinancial companies and their contributions to capital, profitability, risk, and volatility. The Board uses the FR Y–12A report to monitor investments that are approaching the end of their applicable holding periods. Frequency: Quarterly, semiannually, annually. Respondents: Bank holding companies, savings and loan holding companies, U.S. intermediate holding companies, and certain FHCs. Total estimated number of respondents: 31. Board of Governors of the Federal Reserve System, November 29, 2023. Michele Taylor Fennell, Deputy Associate Secretary of the Board. VerDate Sep<11>2014 16:35 Dec 04, 2023 Jkt 262001 [FR Doc. 2023–26583 Filed 12–4–23; 8:45 am] BILLING CODE 6210–01–P 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 standards enumerated in the BHC Act (12 U.S.C. 1842(c)). 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 January 4, 2024. A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001. Comments can also be sent electronically to KCApplicationComments@kc.frb.org: 1. Firstar Financial Corp., Muskogee, Oklahoma; to merge with Stigler Bancorporation, Inc., and thereby indirectly acquire The First National Bank of Stigler, both of Stigler, Oklahoma. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–26688 Filed 12–4–23; 8:45 am] FEDERAL RESERVE SYSTEM BILLING CODE P Formations of, Acquisitions by, and Mergers of Bank Holding Companies FEDERAL RESERVE SYSTEM The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. 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 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–12 and FR Y–12A. PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 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 Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation WW (FR WW; OMB No. 7100–0367). DATES: Comments must be submitted on or before February 5, 2024. ADDRESSES: You may submit comments, identified by FR WW, 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. SUMMARY: E:\FR\FM\05DEN1.SGM 05DEN1

Agencies

[Federal Register Volume 88, Number 232 (Tuesday, December 5, 2023)]
[Notices]
[Pages 84327-84328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26583]


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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 
Consolidated Holding Company Report of Equity Investments in 
Nonfinancial Companies and the Annual Report of Merchant Banking 
Investments Held for an Extended Period (FR Y-12, FR Y-12A; OMB No. 
7100-0300).

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.

[[Page 84328]]


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: Consolidated Holding Company Report of Equity 
Investments in Nonfinancial Companies and the Annual Report of Merchant 
Banking Investments Held for an Extended Period.
    Collection identifier: FR Y-12, FR Y-12A.
    OMB control number: 7100-0300.
    Effective Date: December 31, 2023.
    General description of collection: The FR Y-12 report collects 
information from certain holding companies on their equity investments 
in nonfinancial companies. The FR Y-12A report collects information 
from certain financial holding companies (FHCs) on merchant banking 
investments that they have held for longer than 8 years (or 13 years in 
the case of investments held through a qualifying private equity fund). 
The Board uses the FR Y-12 report to monitor the growth in equity 
investments in nonfinancial companies and their contributions to 
capital, profitability, risk, and volatility. The Board uses the FR Y-
12A report to monitor investments that are approaching the end of their 
applicable holding periods.
    Frequency: Quarterly, semiannually, annually.
    Respondents: Bank holding companies, savings and loan holding 
companies, U.S. intermediate holding companies, and certain FHCs.
    Total estimated number of respondents: 31.
    Total estimated change in burden: 66.
    Total estimated annual burden hours: 2,021. \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-12 and FR Y-12A.
---------------------------------------------------------------------------

    Current actions: On July 19, 2023, the Board published a notice in 
the Federal Register (88 FR 46161) requesting public comment for 60 
days on the extension, with revision, of the FR Y-12 and FR Y-12A. The 
Board proposed to revise the FR Y-12 and FR Y-12A instructions by 
clarifying when respondents should submit their reports when the 
submission deadline falls on a weekend or holiday, modifying and 
clarifying recordkeeping requirements, clarifying the reported amount 
of a firm's aggregate nonfinancial equity investment, clarifying which 
columns are applicable to certain FR Y-12 schedules, and aligning the 
two reports' submission deadlines. The comment period for this notice 
expired on September 18, 2023. The Board did not receive any comments. 
The revisions will be implemented as originally proposed.

    Board of Governors of the Federal Reserve System, November 29, 
2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-26583 Filed 12-4-23; 8:45 am]
BILLING CODE 6210-01-P
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