Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 61423-61424 [2024-16768]

Download as PDF Federal Register / Vol. 89, No. 147 / Wednesday, July 31, 2024 / Notices lotter on DSK11XQN23PROD with NOTICES1 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. 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. 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. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies. During the comment period for this proposal, a copy of the proposed PRA OMB submission, including the draft reporting form and instructions, supporting statement (which contains more detail about the information collection and burden estimates than this notice), and other documentation, will be made available on the 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. On the page displayed at the link above, you can find the supporting information by referencing the collection identifier, FR H–7. Final versions of these documents will be made available at https://www.reginfo.gov/public/do/ PRAMain, if approved. Request for Comment on Information Collection Proposal The Board invites public comment on the following information collection, which is being reviewed under authority delegated by the OMB under the PRA. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Board’s functions, including whether the information has practical utility; b. The accuracy of the Board’s estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; VerDate Sep<11>2014 17:29 Jul 30, 2024 Jkt 262001 d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Board should modify the proposal. Proposal under OMB Delegated Authority To Extend for Three Years, Without Revision, the Following Information Collection Collection title: Disclosure Requirements of Subpart H of Regulation H (Consumer Protection in Sales of Insurance). Collection identifier: FR H–7. OMB control number: 7100–0298. General description of collection: Subpart H of Regulation H— Membership of State Banking Institutions in the Federal Reserve System (12 CFR part 208) was adopted by the Board in 2000 (65 FR 75822 (December 4, 2000) pursuant to section 305 of the Gramm-Leach-Bliley Act of 1999 (GLBA), which required the Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to issue joint regulations governing retail sales practices, solicitations, advertising, and offers of insurance by, on behalf of, or at the offices of depository institutions. Respondents are required to prepare and provide to consumers certain disclosures in insurance product advertisements before a consumer buys the insurance product and at the time a consumer applies for an extension of credit in connection with the solicitation, offer, or sale of an insurance product or annuity. Frequency: Event-generated. Respondents: State member banks or any other person who sells, solicits, advertises, or offers an insurance product or annuity to a consumer at an office of a bank or on behalf of a bank. Total estimated number of respondents: 339. Total estimated annual burden hours: 8,685. Board of Governors of the Federal Reserve System, July 25, 2024. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–16763 Filed 7–30–24; 8:45 am] BILLING CODE 6210–01–P PO 00000 Frm 00027 Fmt 4703 Sfmt 4703 61423 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, without revision, the Survey of Consumer Finances (FR 3059; OMB No. 7100–0287). 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. 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. On the page displayed at the link above, you can find the supporting information by referencing the collection identifier, FR 3059. AGENCY: Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Collection title: Survey of Consumer Finances. Collection identifier: FR 3059. OMB control number: 7100–0287. E:\FR\FM\31JYN1.SGM 31JYN1 61424 Federal Register / Vol. 89, No. 147 / Wednesday, July 31, 2024 / Notices General description of collection: This triennial survey is the only source of representative information on the structure of U.S. families’ finances. The survey collects data on the assets, debts, income, work history, pension rights, use of financial services, and attitudes of a sample of U.S. families. Because the ownership of some assets is relatively concentrated in a small number of families, the survey makes a special effort to ensure proper representation of such assets by systematically oversampling wealthier families. For the 2025 survey, the Board will conduct: (1) up to 150 interviews averaging about 110 minutes as a test or series of tests of the survey procedures in 2025, and (2) up to 7,000 interviews averaging about 110 minutes (main survey) between April 2025 and March 2026. Frequency: Triennial. Respondents: U.S. families. Total estimated number of respondents: 7,150. Total estimated annual burden hours: 4,410. Current actions: On March 7, 2024, the Board published a notice in the Federal Register (89 FR 16571) requesting public comment for 60 days on the extension, without revision, of the FR 3059. The comment period for this notice expired on May 6, 2024. The Board did not receive any comments. Board of Governors of the Federal Reserve System, July 25, 2024. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–16768 Filed 7–30–24; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM lotter on DSK11XQN23PROD with NOTICES1 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 VerDate Sep<11>2014 17:29 Jul 30, 2024 Jkt 262001 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 paragraph 7 of the Act. Comments received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. 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 August 14, 2024. A. Federal Reserve Bank of St. Louis (Holly A. Rieser, Senior Manager) P.O. Box 442, St. Louis, Missouri 63166– 2034. Comments can also be sent electronically to Comments.applications@stls.frb.org: 1. Gary D. Misselhorn, individually, and the Gary D. Misselhorn Trust, Gary D. Misselhorn and Barbara A. Misselhorn, as co-trustees, all of Campbell Hill, Illinois; Hilary Sternberg, Redbud, Illinois; and Clint E. Misselhorn, Carterville, Illinois; to establish the Misselhorn Family Control Group, a group acting in concert, to retain voting shares of Campbell Hill Bancshares, Inc., and thereby indirectly retain voting shares of First State Bank of Campbell Hill, both of Campbell Hill, Illinois. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–16789 Filed 7–30–24; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies 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 PO 00000 Frm 00028 Fmt 4703 Sfmt 9990 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 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 received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. 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 August 29, 2024. A. Federal Reserve Bank of Minneapolis (Mark Rauzi, Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291. Comments can also be sent electronically to MA@mpls.frb.org: 1. Bank Forward Employee Stock Ownership Plan and Trust; to acquire up to 43.11 percent of the voting shares of Security State Bank Holding Company, and thereby indirectly acquire voting shares of Bank Forward, all of Fargo, North Dakota. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–16791 Filed 7–30–24; 8:45 am] BILLING CODE P E:\FR\FM\31JYN1.SGM 31JYN1

Agencies

[Federal Register Volume 89, Number 147 (Wednesday, July 31, 2024)]
[Notices]
[Pages 61423-61424]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-16768]


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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, without revision, the 
Survey of Consumer Finances (FR 3059; OMB No. 7100-0287).

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.

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. On the page displayed at the link above, you can find the 
supporting information by referencing the collection identifier, FR 
3059.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Collection title: Survey of Consumer Finances.
    Collection identifier: FR 3059.
    OMB control number: 7100-0287.

[[Page 61424]]

    General description of collection: This triennial survey is the 
only source of representative information on the structure of U.S. 
families' finances. The survey collects data on the assets, debts, 
income, work history, pension rights, use of financial services, and 
attitudes of a sample of U.S. families. Because the ownership of some 
assets is relatively concentrated in a small number of families, the 
survey makes a special effort to ensure proper representation of such 
assets by systematically oversampling wealthier families. For the 2025 
survey, the Board will conduct: (1) up to 150 interviews averaging 
about 110 minutes as a test or series of tests of the survey procedures 
in 2025, and (2) up to 7,000 interviews averaging about 110 minutes 
(main survey) between April 2025 and March 2026.
    Frequency: Triennial.
    Respondents: U.S. families.
    Total estimated number of respondents: 7,150.
    Total estimated annual burden hours: 4,410.
    Current actions: On March 7, 2024, the Board published a notice in 
the Federal Register (89 FR 16571) requesting public comment for 60 
days on the extension, without revision, of the FR 3059. The comment 
period for this notice expired on May 6, 2024. The Board did not 
receive any comments.

    Board of Governors of the Federal Reserve System, July 25, 2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-16768 Filed 7-30-24; 8:45 am]
BILLING CODE 6210-01-P


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