[Federal Register Volume 64, Number 196 (Tuesday, October 12, 1999)]
[Notices]
[Pages 55338-55339]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-26494]


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DEPARTMENT OF THE TREASURY

Fiscal Service
Financial Management Service


Proposed Collection of Information: Resolution Authorizing 
Execution of Depositary, Financial Agency, and Collateral Agreement and 
Depositary, Financial Agency, and Collateral Agreement

AGENCY: Financial Management Service, Fiscal Service, Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Financial Management Service, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on a continuing information collection. By this notice, the Financial 
Management Service solicits comments concerning the form ``Resolution 
Authorizing Execution of Depositary, Financial Agency, and Collateral 
Agreement'' and ``Depositary, Financial Agency, and Collateral 
Agreement.''

DATES: Written comments should be received on or before December 13, 
1999.

ADDRESSES: Direct all written comments to Financial Management Service, 
Programs Branch, Room 144, 3700 East-West Highway, Hyattsville, 20782.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form(s) and instructions should be directed to the Cash 
Management Policy and Planning Division, 401-14th Street, SW, 
Washington, DC 20227, (202) 874-6657.

SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 
1995, (44 U.S.C. 3506(c)(2)(A)), the Financial Management Service 
solicits comments on the collection of information described below.

    Title: Resolution Authorizing Execution of Depositary, Financial 
Agency, and Collateral Agreement and Depositary, Financial Agency, and 
Collateral Agreement.
    OMB Number: 1510-0067.
    Form Number: FMS-5902 and FMS-5903.
    Abstract: These forms are used to give authority to financial 
institutions to become a depositary of the Federal Government. They 
also execute an agreement from the financial institutions they are 
authorized to pledge collateral to secure public funds with Federal 
Reserve Banks or their designees.
    Current Actions: Extension of currently approved collection.
    Type of Review: Regular.
    Affected Public: Business or other for-profit institutions.
    Estimated Number of Respondents: 350 (2 forms ea.).
    Estimated Time Per Respondent: 30 minutes (15 min. ea. form).
    Estimated Total Annual Burden Hours: 175.
    Comments: Comments submitted in response to this notice will be 
summarized and/or included in the request for Office of Management and 
Budget approval. All comments will become a matter of public record. 
Comments are invited on: (a) Whether the collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information shall have practical utility; (b) the 
accuracy of the agency's estimate of the burden of the collection of 
information; (c) ways to enhance the quality, utility, and clarity of 
the information to be collected;
    (d) ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and (e) estimates 
of capital or start-up costs and costs of operation,

[[Page 55339]]

maintenance and purchase of services to provide information.

    Dated: October 4, 1999.
Bettsy Lane,
Assistant Commissioner.
[FR Doc. 99-26494 Filed 10-8-99; 8:45 am]
BILLING CODE 4810-35-M