[Federal Register Volume 68, Number 181 (Thursday, September 18, 2003)]
[Notices]
[Pages 54785-54787]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-23802]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION

Office of Thrift Supervision


Agency Information Collection Activities: Proposed Extension of 
Information Collection; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); Federal 
Deposit Insurance Corporation (FDIC); and Office of Thrift Supervision 
(OTS), Treasury.

ACTION: Joint notice and request for comment.

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SUMMARY: The OCC, Board, FDIC, and OTS (collectively, the Agencies), as 
part of their continuing effort to reduce paperwork and respondent 
burden, invite the general public and other Federal agencies to comment 
on the proposed extension, without revision, of their continuing 
information collections, as required by the Paperwork Reduction Act of 
1995. The Agencies may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless it displays a 
currently valid Office of Management and Budget (OMB) control number. 
Currently, the Agencies are soliciting comment concerning the proposed 
extension of OMB approval of the information collections contained in 
their respective CRA Sunshine (Disclosure and Reporting of CRA-Related 
Agreements) regulations.

DATES: Comments should be submitted by November 17, 2003.

ADDRESSES: Comments should be directed to the Agencies and the OMB Desk 
Officer for the Agencies as follows:
    OCC: Office of the Comptroller of the Currency, Public Information 
Room, 250 E Street, SW., Mail Stop 1-5, Attention: 1557-0219, 
Washington, DC 20219. Due to delays in delivery of paper mail in the 
Washington area, commenters are encouraged to submit comments by fax or 
electronic mail. Comments may be sent by fax to (202) 874-4448, or by 
electronic mail to [email protected]. You can inspect and 
photocopy comments at the OCC's Public Information Room. You can make 
an appointment to inspect the comments by calling (202) 874-5043.
    Board: Written comments may be mailed to Jennifer J. Johnson, 
Secretary, Board of Governors of the Federal Reserve System, 20th 
Street and Constitution Avenue, NW., Washington, DC 20551. However, 
because paper mail in the Washington area and at the Board of Governors 
is subject to delay, please consider submitting your comments by 
electronic mail to [email protected], or faxing them to 
the Office of the Secretary at (202) 452-3819 or (202) 452-3102. 
Members of the public may inspect comments in Room M-P-500 between 9 
a.m. and 5 p.m. on weekdays pursuant to 261.12, except as provided in 
261.14, of the Board's Rules

[[Page 54786]]

Regarding Availability of Information, 12 CFR 261.12 and 261.14.
    FDIC: Steven F. Hanft, Paperwork Clearance Officer, Legal Division, 
Room MB-3064, Attention: Comments/Legal Division, Federal Deposit 
Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. All 
comments should refer to ``Community Reinvestment Act Regulation, 3064-
0092.'' Comments may be hand-delivered to the guard station at the rear 
of the 550 17th Street Building (located on F Street), on business days 
between 7 a.m. and 5 p.m. [Fax number (202) 898-3838; Internet address: 
[email protected].] Comments may be inspected and photocopied in the 
FDIC Public Information Center, Room 100, 801 17th Street, NW., 
Washington, DC between 9 a.m. and 4:30 p.m. on business days.
    OTS: Information Collection Comments, Chief Counsel's Office, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, 
Attention: 1550-0105, Fax number (202) 906-6518, or e-mail to 
[email protected]. OTS will post comments and the 
related index on the OTS Internet Site at http://www.ots.treas.gov. In 
addition, interested persons may inspect comments at the Public Reading 
Room, 1700 G Street, NW., by appointment. To make an appointment, call 
(202) 906-5922, send an e-mail to [email protected], or send a 
facsimile transmission to (202) 906-7755.
    OMB Desk Officer for the Agencies: Joseph F. Lackey, Jr., Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
New Executive Office Building, Room 10235, Washington, DC 20503, or e-
mail to [email protected].

FOR FURTHER INFORMATION CONTACT: You may request additional information 
from:
    OCC: Jessie B. Dunaway, OCC Clearance Officer, (202) 874-5090, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.
    Board: Cynthia Ayouch, Federal Reserve Board Clearance Officer, 
(202) 452-3829, Division of Research and Statistics, Board of Governors 
of the Federal Reserve System, 20th and C Streets, NW., M/S 41, 
Washington, DC 20551.
    FDIC: Steven F. Hanft, Paperwork Clearance Officer, (202) 898-3907, 
Legal Division, Federal Deposit Insurance Corporation, 550 17th Street, 
NW., Washington, DC 20429.
    OTS: Marilyn K. Burton, OTS Clearance Officer, (202) 906-6467, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION:
    Titles:
OCC: Disclosure and Reporting of CRA-Related Agreements (12 CFR 35).
Board: Disclosure and Reporting Requirements of CRA-Related Agreements 
(Reg G).
FDIC: CRA Sunshine (12 CFR 346).
OTS: CRA Sunshine (12 CFR 533).
    OMB Control Numbers:

OCC: 1557-0219.
Board: 7100-0299.
FDIC: 3064-1039.
OTS: 1550-0105.

    Type of Review: Extension, without revision, of a currently 
approved collection.
    Form Number: None.
    Abstract: This submission covers an extension of the Agencies' 
currently approved information collections in their regulations (12 CFR 
part 35 (OCC), 12 CFR part 207 (Board), 12 CFR part 346 (FDIC), and 12 
CFR part 533 (OTS)). The submission involves no change to the 
regulations or to the information collection requirements.
    The information collection requirements contained in the 
regulations are as follows:
    Section --.6(b)(1) requires each nongovernmental entity or person 
(NGEP) and each insured depository institution or affiliate (IDI) that 
enters into a covered agreement to make a copy of the covered agreement 
available to any individual or entity upon request.
    Section --.6(c)(1) requires each NGEP that is a party to a covered 
agreement to provide within 30 days after receiving a request from the 
relevant supervisory agency (1) a complete copy of the agreement; and 
(2) in the event the NGEP seeks confidential treatment of any portion 
of the agreement under FOIA, a copy of the agreement that excludes 
information for which confidential treatment is sought and an 
explanation justifying the request.
    Sections --.6(d)(1)(i) and --6(d)(1)(ii) require each IDI within 60 
days of the end of each calendar quarter to provide each supervisory 
agency with either (1) a complete copy of each covered agreement 
entered into by the IDI or affiliate during the calendar quarter; and 
in the event the IDI seeks confidential treatment of any portion of the 
agreement under FOIA, a copy of the agreement that excludes information 
for which confidential treatment is sought and an explanation 
justifying the request; or (2) a list of all covered agreements entered 
into by the IDI or affiliate during the calendar quarter.
    Section --.6(d)(2) requires an IDI or affiliate to provide any 
relevant supervisory agency with a complete copy and public version of 
any covered agreement, if the IDI submits a list of their covered 
agreements pursuant to section --.6(d)(1)(ii).
    Section --.7(b) requires each NGEP and IDI that is a party to a 
covered agreement to file an annual report with each relevant 
supervisory agency concerning the disbursement, receipt, and uses of 
funds or other resources under the covered agreement.
    Section --.7(f)(2)(ii) requires an IDI that receives an annual 
report from a NGEP pursuant to section --.7(f)(2)(i) to file the report 
with the relevant supervisory agency or agencies on behalf of the NGEP 
within 30 days.
    Section --.4(b) requires an IDI that is party to a covered 
agreement that concerns any activity described in section --4.(a) of a 
CRA affiliate to notify each NGEP that is a party to the agreement that 
the agreement concerns a CRA affiliate.

Current Actions

    The agencies' proposed reduction in burden is due to a change in 
the method of estimating the burden. The initial estimate was based on 
the assumption that 50 percent of insured depository institutions 
regulated by the agencies are party to one covered agreement. The new 
estimate is more precise because it takes into account the actual 
number of IDIs or their affiliates that reported covered agreements to 
the agencies in 2001 and 2002. The number of NGEP respondents is based 
on an assumption that one NGEP is a party to each covered agreement.
    Affected Public: Businesses or other for-profit; individuals.
    Burden Estimates:
    Estimated Number of Respondents:

OCC: 25 IDI; 337 NGEP
Board: 13 IDI; 78 NGEP
FDIC: 13 IDI; 36 NGEP
OTS: 24 IDI; 120 NGEP

    Estimated Number of Responses:
OCC: 2,813
Board: 637
FDIC: 316
OTS: 984

    Estimated Annual Burden Hours:

OCC: 3,899 hours
Board: 910 hours
FDIC: 501.6 hours
OTS: 1,416 hours

    Frequency of Response: On occasion.

Comments

    Comments submitted in response to this notice will be summarized in 
the request for OMB approval. All

[[Page 54787]]

comments will become a matter of public record. Comments are invited 
on:
    (a) Whether the collection is necessary for the proper performance 
of the functions of the agency, including whether the information has 
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 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.

    Dated: September 5, 2003.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
    By order of the Board of Governors of the Federal Reserve 
System, September 4, 2003.
Jennifer J. Johnson,
Secretary of the Board.
    Dated at Washington, DC, this 5th day of September, 2003.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
    Dated: September 10, 2003.

    By the Office of Thrift Supervision.
James E. Gilleran,
Director.
[FR Doc. 03-23802 Filed 9-17-03; 8:45 am]
BILLING CODE 4810-33-P, 6210-01-P, 6714-01-P, 6720-01-P