Revision of Agency Information Collection of a Previously Approved Collection; Request for Comments, 22749-22750 [2024-06953]

Download as PDF Federal Register / Vol. 89, No. 64 / Tuesday, April 2, 2024 / Notices in breach of any condition or limitation in the grant guidelines or in breach of the ‘covered relationship’ restriction set forth above. xiv. Information included in Outcome Summary or Success Stories is considered by the NCUA to be Research Data and is governed by 2 CFR 200.315 and may be made publicly available. xv. Applicant is aware that any false, fictitious, or fraudulent information or the omission of any material fact may subject Applicant to criminal, civil or administrative penalties for fraud, false statements, false claims, or otherwise. (U.S. Code title 18, section 1001 and title 31, sections 3729–3730, and 3801– 3812). xvi. Applicant is aware recipients and subrecipients are prohibited from obligating or expending loan or grant funds to procure or obtain equipment, services, or systems that use covered telecommunications equipment or services as a substantial or essential component of any system or as critical technology as part of any system in accordance with Public Law 115–232, section 889 and 2 CFR 200.216. xvii. Applicants receiving payment in advance must maintain both written procedures that minimize the time elapsing between the transfer of funds and disbursement by the non-Federal entity, and financial management systems that meet the standards for fund control and accountability. By the National Credit Union Administration Board. Ji Kwon, Acting Secretary of the Board. [FR Doc. 2024–06962 Filed 4–1–24; 8:45 am] BILLING CODE 7535–01–P NATIONAL CREDIT UNION ADMINISTRATION Revision 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: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following extensions and revisions of currently approved collections to the Office of Management and Budget (OMB) for renewal. DATES: Written comments should be received on or before May 2, 2024 to be assured consideration. ADDRESSES: Written comments and recommendations for the proposed khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:06 Apr 01, 2024 Jkt 262001 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: 3133–0102. Title: Truth in Lending (TILA); Regulation Z. Type of Review: Revision of a currently approved collection. Abstract: The Truth in Lending Act (TILA) was enacted to foster comparison credit shopping and informed credit decision making by requiring accurate disclosure of the costs and terms of credit to consumers and to protect consumers against inaccurate and unfair credit billing practices. TILA has been revised numerous times since it took effect, notably by passage of the Fair Credit Billing Act of 1974, the Consumer Leasing Act of 1976, the Truth in Lending Simplification and Reform Act of 1980, the Fair Credit and Charge Card Disclosure Act of 1988, and the Home Equity Loan Consumer Protection Act of 1988. Historically, TILA was implemented by the Board of Governors of the Federal Reserve System’s (FRB) Regulation Z, 12 CFR part 226. The Dodd-Frank Wall Street Reform and Consumer Protection Act transferred FRB’s rulemaking authority for TILA to the Consumer Financial Protection Bureau (CFPB). Regulation Z contains several provisions that impose information collection requirements: The information collection requirements for open-end credit products; the information collection requirements for closed-end credit; the information collection requirements that apply to both open- and closed-end mortgage credit; the information collection requirements for specific residential mortgage types-namely, reverse mortgages and high cost mortgages with rates and fees above specified thresholds; the information collection requirements for private education loans; and information collection requirements related to Regulation Z’s advertising and record retention rules. The collection of information pursuant to Part 1026 is triggered by specific events and disclosures and PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 22749 must be provided to consumers within the time periods established under the regulation. To ease the compliance cost (particularly for small credit unions), model forms and clauses are appended to the regulation. Affected Public: Private Sector: Notfor-profit institutions. Estimated Number of Respondents: 4,622. Estimated Number of Responses per Respondent: 9,239.392. Estimated Total Annual Responses: 42,704,470. Estimated Hours per Response: .08541. Estimated Total Annual Burden Hours: 3,647,389. Reason for Change: The number of responses per respondent increased and the estimated hours per response increased. OMB Number: 3133–0180. Title: Liquidity and Contingency Funding Plans, 12 CFR 741.12. Type of Review: Revision of a currently approved collection. Abstract: Section 741.12 establishes a three-tier framework for FICUs, based on asset size. FICUs with assets under $50 million must maintain a basic policy, those with assets of $50 million and over must maintain a contingency funding plan, and those with assets over $250 million must maintain a contingency funding plan and establish a federal liquidity contingency source. The reviews will conclude if federally insured credit unions are maintaining appropriate liquidity levels for the amount of balance sheet risk exposure and help prevent losses to credit unions and the NCUSIF. Affected Public: Private Sector: Notfor-profit institutions. Estimated Number of Respondents: 4,645. Estimated Number of Responses per Respondent: 1. Estimated Total Annual Responses: 4,645. Estimated Hours per Response: .87589. Estimated Total Annual Burden Hours: 4068.50. Reason for Change: The number of respondents decreased. OMB Number: 3133–0186. Title: Higher-Risk Mortgage Appraisals. Type of Review: Revision of a currently approved collection. Abstract: Section 1471 of the DoddFrank Act established Truth in Lending section 129H, which contains appraisal requirements applicable to higher-risk mortgages and prohibits a creditor from extending credit in the form of a higher- E:\FR\FM\02APN1.SGM 02APN1 khammond on DSKJM1Z7X2PROD with NOTICES 22750 Federal Register / Vol. 89, No. 64 / Tuesday, April 2, 2024 / Notices risk mortgage loan to any consumer without meeting those requirements. A higher-risk mortgage is defined as a residential mortgage loan secured by a principal dwelling with an annual percentage rate that exceeds the average prime offer rate for a comparable transaction as of the date the interest rate is set by certain enumerated percentage point spreads. This statutory requirement is promulgated in 12 CFR part 1026, Regulation Z, by the Bureau of Consumer Financial Protection, the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation, the Federal Housing Finance Authority, the NCUA, and the Office of the Comptroller of the Currency. The information collections are required by statute, are necessary to protect consumers, and promote the safety and soundness of creditors making higher-risk mortgage loans. Affected Public: Private Sector: Notfor-profit institutions. Estimated Number of Respondents: 1,879. Estimated Number of Responses per Respondent: .46. Estimated Total Annual Responses: 864.34 Estimated Hours per Response: .25. Estimated Total Annual Burden Hours: 216.09. Reason for Change: The number of respondents decreased. 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. Ji Kwon, Acting Secretary of the Board. [FR Doc. 2024–06953 Filed 4–1–24; 8:45 am] BILLING CODE 7535–01–P VerDate Sep<11>2014 17:06 Apr 01, 2024 Jkt 262001 NATIONAL SCIENCE FOUNDATION Agency Information Collection Activities: Comment Request; NSF Non-Academic Research Internships for Graduate Students (INTERN) Program AGENCY: National Science Foundation (NSF). Notice and Request for Comments. ACTION: The National Science Foundation (NSF) is announcing plans to establish this collection. In accordance with the requirements of the Paperwork Reduction Act of 1995, we are providing opportunity for public comment on this action. After obtaining and considering public comment, NSF will prepare the submission requesting Office of Management and Budget (OMB) clearance of this collection for no longer than 3 years. DATES: Written comments on this notice must be received by June 3, 2024 to be assured consideration. Comments received after that date will be considered to the extent practicable. Send comments to address below. FOR FURTHER INFORMATION CONTACT: Suzanne H. Plimpton, Reports Clearance Officer, National Science Foundation, 2415 Eisenhower Avenue, Suite E7400, Alexandria, Virginia 22314; telephone (703) 292–7556; or send email to splimpto@nsf.gov. Individuals who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1– 800–877–8339, which is accessible 24 hours a day, 7 days a week, 365 days a year (including federal holidays). SUPPLEMENTARY INFORMATION: Title of Collection: NSF INTERN Program Assessment. OMB Number: 3145–0259. Expiration Date of Approval: 09/30/ 2024. Type of Request: Revision to and extension of approval of an information collection. Abstract: Fostering the growth of a globally competitive and diverse research workforce and advancing the scientific and innovation skills of the Nation is a strategic objective of the National Science Foundation (NSF). The Nation’s global competitiveness depends critically on the readiness of the Nation’s Science, Technology, Engineering and Mathematics (STEM) workforce and NSF seeks to continue to invest in programs that directly advance this workforce. As part of this effort, NSF invests in a number of graduate student preparedness activities to ensure they SUMMARY: PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 are well-prepared for the 21st century STEM Workforce and a supplemental funding opportunity is available to provide support for graduate students through non-academic research internships (INTERN Program) in any sector of the U.S. economy. The goal of the INTERN program is three-fold: 1. To provide graduate students with the opportunity to augment their research assistantships with nonacademic research internship activities and training opportunities that will complement their academic research training; 2. To allow graduate students to pursue activities aimed at acquiring professional development experience that will enhance their preparation for multiple career pathways after graduation; and 3. To encourage the participation of graduate students from groups that have traditionally been underrepresented and underserved in the STEM enterprise: women, persons with disabilities, African Americans/Blacks, Hispanic Americans, American Indian, and Alaska Natives. Since 2017, the NSF’s INTERN program has expanded with supports from other federal agency partners; as of March 2024, NSF has six (6) INTERN funding opportunities providing participants with direct access in exploring career pathways across various federal agencies and/or government laboratories: • Non-Academic Research Internships for Graduate Students (INTERN) Supplemental Funding Opportunity (NSF 21–013) • Research Internships for Graduate Students at Air Force Research Laboratory (NSF–AFRL INTERN) Supplemental Funding Opportunity (NSF 21–029) • Non-Academic Research Internships for Graduate Students in Geothermal Energy Supplemental Funding Opportunity (Geothermal INTERN) (NSF 23–024) • Directorate for Geosciences (GEO) Opportunity for Graduate Students Supplemental Funding to Link Geosciences and Human Health (GeoHealth INTERN) (NSF 23–112) • Graduate Research Internships in Forensic Science and Criminal Justice Contexts (NSF–NIJ INTERN) Supplemental Funding Opportunity (NSF 23–150) • Research Internships for Graduate Students at U.S. Army Combat Capabilities Development Command Army Research Laboratory and Ground Vehicle Systems Center E:\FR\FM\02APN1.SGM 02APN1

Agencies

[Federal Register Volume 89, Number 64 (Tuesday, April 2, 2024)]
[Notices]
[Pages 22749-22750]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-06953]


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NATIONAL CREDIT UNION ADMINISTRATION


Revision 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.

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

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

DATES: Written comments should be received on or before May 2, 2024 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: 3133-0102.
    Title: Truth in Lending (TILA); Regulation Z.
    Type of Review: Revision of a currently approved collection.
    Abstract: The Truth in Lending Act (TILA) was enacted to foster 
comparison credit shopping and informed credit decision making by 
requiring accurate disclosure of the costs and terms of credit to 
consumers and to protect consumers against inaccurate and unfair credit 
billing practices. TILA has been revised numerous times since it took 
effect, notably by passage of the Fair Credit Billing Act of 1974, the 
Consumer Leasing Act of 1976, the Truth in Lending Simplification and 
Reform Act of 1980, the Fair Credit and Charge Card Disclosure Act of 
1988, and the Home Equity Loan Consumer Protection Act of 1988. 
Historically, TILA was implemented by the Board of Governors of the 
Federal Reserve System's (FRB) Regulation Z, 12 CFR part 226. The Dodd-
Frank Wall Street Reform and Consumer Protection Act transferred FRB's 
rulemaking authority for TILA to the Consumer Financial Protection 
Bureau (CFPB).
    Regulation Z contains several provisions that impose information 
collection requirements: The information collection requirements for 
open-end credit products; the information collection requirements for 
closed-end credit; the information collection requirements that apply 
to both open- and closed-end mortgage credit; the information 
collection requirements for specific residential mortgage types-namely, 
reverse mortgages and high cost mortgages with rates and fees above 
specified thresholds; the information collection requirements for 
private education loans; and information collection requirements 
related to Regulation Z's advertising and record retention rules.
    The collection of information pursuant to Part 1026 is triggered by 
specific events and disclosures and must be provided to consumers 
within the time periods established under the regulation. To ease the 
compliance cost (particularly for small credit unions), model forms and 
clauses are appended to the regulation.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 4,622.
    Estimated Number of Responses per Respondent: 9,239.392.
    Estimated Total Annual Responses: 42,704,470.
    Estimated Hours per Response: .08541.
    Estimated Total Annual Burden Hours: 3,647,389.
    Reason for Change: The number of responses per respondent increased 
and the estimated hours per response increased.

    OMB Number: 3133-0180.
    Title: Liquidity and Contingency Funding Plans, 12 CFR 741.12.
    Type of Review: Revision of a currently approved collection.
    Abstract: Section 741.12 establishes a three-tier framework for 
FICUs, based on asset size. FICUs with assets under $50 million must 
maintain a basic policy, those with assets of $50 million and over must 
maintain a contingency funding plan, and those with assets over $250 
million must maintain a contingency funding plan and establish a 
federal liquidity contingency source. The reviews will conclude if 
federally insured credit unions are maintaining appropriate liquidity 
levels for the amount of balance sheet risk exposure and help prevent 
losses to credit unions and the NCUSIF.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 4,645.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Responses: 4,645.
    Estimated Hours per Response: .87589.
    Estimated Total Annual Burden Hours: 4068.50.
    Reason for Change: The number of respondents decreased.

    OMB Number: 3133-0186.
    Title: Higher-Risk Mortgage Appraisals.
    Type of Review: Revision of a currently approved collection.
    Abstract: Section 1471 of the Dodd-Frank Act established Truth in 
Lending section 129H, which contains appraisal requirements applicable 
to higher-risk mortgages and prohibits a creditor from extending credit 
in the form of a higher-

[[Page 22750]]

risk mortgage loan to any consumer without meeting those requirements. 
A higher-risk mortgage is defined as a residential mortgage loan 
secured by a principal dwelling with an annual percentage rate that 
exceeds the average prime offer rate for a comparable transaction as of 
the date the interest rate is set by certain enumerated percentage 
point spreads. This statutory requirement is promulgated in 12 CFR part 
1026, Regulation Z, by the Bureau of Consumer Financial Protection, the 
Board of Governors of the Federal Reserve, the Federal Deposit 
Insurance Corporation, the Federal Housing Finance Authority, the NCUA, 
and the Office of the Comptroller of the Currency. The information 
collections are required by statute, are necessary to protect 
consumers, and promote the safety and soundness of creditors making 
higher-risk mortgage loans.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 1,879.
    Estimated Number of Responses per Respondent: .46.
    Estimated Total Annual Responses: 864.34
    Estimated Hours per Response: .25.
    Estimated Total Annual Burden Hours: 216.09.
    Reason for Change: The number of respondents decreased.
    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.
Ji Kwon,
Acting Secretary of the Board.
[FR Doc. 2024-06953 Filed 4-1-24; 8:45 am]
BILLING CODE 7535-01-P


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