Establishment of the Small Business Lending Advisory Council (Lending Council), 24555-24556 [2024-07328]

Download as PDF Federal Register / Vol. 89, No. 68 / Monday, April 8, 2024 / Notices Commissioners, the Secretary to the Commission, and recording secretaries will attend the closed meeting. Certain staff members who have an interest in the matters also may be present. In the event that the time, date, or location of this meeting changes, an announcement of the change, along with the new time, date, and/or place of the meeting will be posted on the Commission’s website at https:// www.sec.gov. The General Counsel of the Commission, or her designee, has certified that, in her opinion, one or more of the exemptions set forth in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR 200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10), permit consideration of the scheduled matters at the closed meeting. The subject matter of the closed meeting will consist of the following topics: Institution and settlement of injunctive actions; Institution and settlement of administrative proceedings; Resolution of litigation claims; and Other matters relating to examinations and enforcement proceedings. At times, changes in Commission priorities require alterations in the scheduling of meeting agenda items that may consist of adjudicatory, examination, litigation, or regulatory matters. CONTACT PERSON FOR MORE INFORMATION: For further information; please contact Vanessa A. Countryman from the Office of the Secretary at (202) 551–5400. Authority: 5 U.S.C. 552b. Dated: April 4, 2024. Vanessa A. Countryman, Secretary. [FR Doc. 2024–07481 Filed 4–4–24; 11:15 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meetings FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: 89 FR 22466, April 4, 2024. PREVIOUSLY ANNOUNCED TIME AND DATE OF THE MEETING: Thursday, April 4, 2024, at 2:00 p.m. The Closed Meeting scheduled for Thursday, April 4, 2024 at 2:00 p.m., has been cancelled. CONTACT PERSON FOR MORE INFORMATION: For further information; please contact Vanessa A. Countryman from the Office of the Secretary at (202) 551–5400. Authority: 5 U.S.C. 552b. lotter on DSK11XQN23PROD with NOTICES1 CHANGES IN THE MEETING: VerDate Sep<11>2014 16:37 Apr 05, 2024 Jkt 262001 Dated: April 3, 2024. Vanessa A. Countryman, Secretary. [FR Doc. 2024–07460 Filed 4–4–24; 11:15 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION Reporting and Recordkeeping Requirements Under OMB Review Small Business Administration. 30-Day notice. AGENCY: ACTION: The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act and OMB procedures, SBA is publishing this notice to allow all interested member of the public an additional 30 days to provide comments on the proposed collection of information. DATES: Submit comments on or before May 8, 2024. ADDRESSES: Written comments and recommendations for this information collection request should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/PRAMain. Find this particular information collection request by selecting ‘‘Small Business Administration’’; ‘‘Currently Under Review,’’ then select the ‘‘Only Show ICR for Public Comment’’ checkbox. This information collection can be identified by title and/or OMB Control Number. FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the information collection and supporting documents from the Agency Clearance Office at Curtis B. Rich, Agency Clearance Office curtis.rich@sba.gov; (202) 205–7030, or from www.reginfo.gov/public/do/ PRAMain. SUPPLEMENTARY INFORMATION: The information will be collected from lending institutions interested in becoming an SBA Supervised Lender. SBA will use the information regarding the institutions’ financial condition, lending experience, credit policies, capital adequacy plan, financial statements, credit facilities, and loan risk ratings system, among other things, to determine their eligibility to participate in SBA’s 7 (a) Loan Program. SUMMARY: Solicitation of Public Comments Comments may be submitted on (a) whether the collection of information is necessary for the agency to properly perform its functions; (b) whether the PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 24555 burden estimates are accurate; (c) whether there are ways to minimize the burden, including through the use of automated techniques or other forms of information technology; and (d) whether there are ways to enhance the quality, utility, and clarity of the information. OMB Control Number: 3245–0410. Title: SBA Supervised Lender. Description of Respondents: SBA Lenders s. SBA Form Number: 2498, 2499. Estimated Number of Respondents: 5. Estimated Annual Responses: 5. Estimated Annual Hour Burden: 425. Curtis Rich, Agency Clearance Officer. [FR Doc. 2024–07399 Filed 4–5–24; 8:45 am] BILLING CODE 8026–09–P SMALL BUSINESS ADMINISTRATION Establishment of the Small Business Lending Advisory Council (Lending Council) AGENCY: Small Business Administration (SBA). ACTION: Notice. The SBA announces the establishment of the Small Business Lending Advisory Council. The Administrator has determined that establishing the Small Business Lending Advisory Council is necessary and in the public interest. DATES: The Small Business Lending Advisory Council will operate for two years after the filing date of its charter that will meet the 15 day requirements of the Federal Register Notice, unless otherwise renewed in accordance with FACA. SUMMARY: FOR FURTHER INFORMATION CONTACT: Alejandro Contreras, Acting Director, Office of Financial Assistance, (202) 205–6436 or LendingCouncil@sba.gov. The phone number may also be reached by individuals who are deaf or hard of hearing, or who have speech disabilities, through the Federal Communications Commission’s TTYBased Telecommunications Relay Service teletype service at 711. SUPPLEMENTARY INFORMATION: This notice announces the establishment of the Small Business Lending Advisory Council (Lending Council) as a Federal Advisory Committee in accordance with the Federal Advisory Committee Act (FACA) (Pub. L. 92–463, 5 U.S.C. 10 et seq.) to provide information, advice, and recommendations to the Administrator on matters broadly related to facilitating greater access and availability of capital for small business, especially in E:\FR\FM\08APN1.SGM 08APN1 24556 Federal Register / Vol. 89, No. 68 / Monday, April 8, 2024 / Notices underserved communities; providing feedback and input on pending and enacted changes relevant to the small business lending community; cultivating greater public-private engagement, cooperation, and collaboration; developing and/or evolving SBA programs and services to address long-term capital access gaps faced by small businesses and obstacles faced by the lenders that seek to support them. The Lending Council will only undertake tasks assigned to it by the Administrator. The Federal Register Notice will be published 15 days prior to filing the charter with Congress. This notice is provided in accordance with the Federal Advisory Committee Act. Dated: April 2, 2024. Andrienne Johnson, Committee Management Officer. [FR Doc. 2024–07328 Filed 4–5–24; 8:45 am] BILLING CODE 8026–09–P SMALL BUSINESS ADMINISTRATION Solicitations of Nominations AGENCY: Small Business Administration (SBA). ACTION: Notice. The SBA requests nominations of individuals to the Small Business Lending Advisory Council (Lending Council). The SBA will consider nominations received in response to this notice, as well as from other sources. DATES: Nominations will be accepted through May 10, 2024 on a rolling basis. The SBA will retain nominations received after this date for consideration should additional vacancies occur. ADDRESSES: All nominations should be emailed to LendingCouncil@sba.gov with the subject line 2024 Lending Council Nomination. FOR FURTHER INFORMATION CONTACT: Alejandro Contreras, Acting Director, Office of Financial Assistance, LendingCouncil@sba.gov or (202) 205– 6436. The phone number may also be reached by individuals who are deaf or hard of hearing, or who have speech disabilities, through the Federal Communications Commission’s TTYBased Telecommunications Relay Service teletype service at 711. SUPPLEMENTARY INFORMATION: The Small Business Lending Advisory Council (Lending Council) is being established as a Federal Advisory Committee in accordance with the Federal Advisory Committee Act (FACA) (Pub. L. 92–463, 5 U.S.C. 10. The following provides information about the Committee, lotter on DSK11XQN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 16:37 Apr 05, 2024 Jkt 262001 membership, and the nomination process. I. Objectives and Duties 1. The Small Business Lending Advisory Council: advises the SBA Administrator on matters broadly related to facilitating greater access and availability of capital for small business, especially in underserved communities; provides feedback and input on pending and enacted changes relevant to the small business lending community; cultivating greater public-private engagement, cooperation, and collaboration; develops recommendations for additions or enhancements to SBA programs and services to address long-term capital access gaps faced by small businesses and obstacles faced by the lenders that seek to support them. 2. The Lending Council will provide advice and recommendations to SBA on matters relating to small business lending, private sector innovation in the small business lending community, and policy impacting small businesses’ ability to access capital, especially in underserved communities. 3. Committee members will examine the issues, challenges and obstacles facing small businesses seeking access to capital, lenders seeking to provide those small businesses capital under the various SBA capital access programs, underserved and under-resourced communities and the stakeholders supporting them in these subject areas and recommend to SBA policy and programmatic changes to help strengthen and refine SBA’s programs and services to better facilitate the flow of capital to small businesses. 4. The Lending Council will submit to the SBA Administrator and the Associate Administrator for the Office of Capital Access a report containing a detailed description of the Committee’s activities; its findings, conclusions, and recommendations; and recommendations for such administrative actions as the Lending Council considers appropriate to fulfill the purpose and objectives for which the Committee has been created. 5. The Lending Council will function solely as an advisory body and shall comply fully with the provisions of the FACA and the Small Business Act and applicable rules and regulations. 6. The Lending Council will report to the SBA Administrator and the Associate Administrator for the Office of Capital Access. II. Membership 1. The Lending Council shall consist of no more than twenty-five (25) PO 00000 Frm 00134 Fmt 4703 Sfmt 4703 members appointed by the SBA Administrator and will serve in a representative capacity. a. Seventeen (17) members may consist of current or former representatives of small business leaders, community leaders, representatives of financial institutions, and members of the small business lending community; b. Four (4) members may consist of small business advocates, research organizations, or members of the financial support and inclusion community; c. One (1) member shall be a designated representative of the Department of Treasury, Office of the Comptroller of the Currency; d. One (1) member shall be a designated representative of the Consumer Financial Protection Bureau; e. One (1) member shall be a designated representative of the Department of Agriculture; f. One (1) member shall be a designated representative of the Federal Reserve Board. Representatives of federal agencies shall be designated by the head of their respective department or agency. 2. Members shall be appointed for two (2) year terms and may not serve for more than three consecutive terms if the council is renewed. 3. In appointing members of the Lending Council, the Administrator shall, to the extent practicable, ensure that the members appointed reflect geographic (including both urban and rural areas), racial, gender, and economic diversity. 4. The SBA Administrator shall appoint a Chairperson and Vice Chairperson from the membership of the Lending Council. III. Miscellaneous 1. The SBA will not compensate members of the Lending Council for their services, but shall, on request, reimburse travel expenses as authorized by 5 U.S.C. 5703. All necessary staff support services, facilities, and expenses will, to the extent permitted by law and subject to the availability of funds, be furnished by the SBA Office of Capital Access. 2. The Lending Council shall meet at least three (3) times per year at the call of the Designated Federal Officer in consultation with the Chairperson, or at the request of the SBA Administrator. There will be one in person meeting held each year, with two virtual meetings. 3. The Designated Federal Officer for the Lending Council is the career Deputy Associate Administrator, Office E:\FR\FM\08APN1.SGM 08APN1

Agencies

[Federal Register Volume 89, Number 68 (Monday, April 8, 2024)]
[Notices]
[Pages 24555-24556]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-07328]


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

SMALL BUSINESS ADMINISTRATION


Establishment of the Small Business Lending Advisory Council 
(Lending Council)

AGENCY: Small Business Administration (SBA).

ACTION: Notice.

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

SUMMARY: The SBA announces the establishment of the Small Business 
Lending Advisory Council. The Administrator has determined that 
establishing the Small Business Lending Advisory Council is necessary 
and in the public interest.

DATES: The Small Business Lending Advisory Council will operate for two 
years after the filing date of its charter that will meet the 15 day 
requirements of the Federal Register Notice, unless otherwise renewed 
in accordance with FACA.

FOR FURTHER INFORMATION CONTACT: Alejandro Contreras, Acting Director, 
Office of Financial Assistance, (202) 205-6436 or 
[email protected]. The phone number may also be reached by 
individuals who are deaf or hard of hearing, or who have speech 
disabilities, through the Federal Communications Commission's TTY-Based 
Telecommunications Relay Service teletype service at 711.

SUPPLEMENTARY INFORMATION: This notice announces the establishment of 
the Small Business Lending Advisory Council (Lending Council) as a 
Federal Advisory Committee in accordance with the Federal Advisory 
Committee Act (FACA) (Pub. L. 92-463, 5 U.S.C. 10 et seq.) to provide 
information, advice, and recommendations to the Administrator on 
matters broadly related to facilitating greater access and availability 
of capital for small business, especially in

[[Page 24556]]

underserved communities; providing feedback and input on pending and 
enacted changes relevant to the small business lending community; 
cultivating greater public-private engagement, cooperation, and 
collaboration; developing and/or evolving SBA programs and services to 
address long-term capital access gaps faced by small businesses and 
obstacles faced by the lenders that seek to support them. The Lending 
Council will only undertake tasks assigned to it by the Administrator. 
The Federal Register Notice will be published 15 days prior to filing 
the charter with Congress. This notice is provided in accordance with 
the Federal Advisory Committee Act.

    Dated: April 2, 2024.
Andrienne Johnson,
Committee Management Officer.
[FR Doc. 2024-07328 Filed 4-5-24; 8:45 am]
BILLING CODE 8026-09-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.