[Federal Register Volume 71, Number 10 (Tuesday, January 17, 2006)]
[Notices]
[Pages 2614-2615]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-405]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, 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, as required by the Paperwork Reduction Act of 
1995. An agency may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless it displays a 
currently valid OMB control number. The OCC is soliciting comment 
concerning its information collection titled, ``Community and Economic 
Development Entities, Community Development Projects--12 CFR part 24.'' 
The OCC also gives notice that it has sent the information collection 
to OMB for review and approval.

DATES: You should submit comments by February 16, 2006.

ADDRESSES: Communications Division, Office of the Comptroller of the 
Currency, Public Information Room, Mailstop 1-5, Attention: 1557-0194, 
250 E Street, SW., Washington, DC 20219. In addition, comments may be 
sent by fax to (202) 874-4448, or by electronic mail to 
[email protected]. You can inspect and photocopy the comments 
at the OCC's Public Information Room, 250 E Street, SW., Washington, DC 
20219. You can make an appointment to inspect the comments by calling 
(202) 874-5043.
    Additionally, you should send a copy of your comments to OCC Desk 
Officer, 1557-0194, by mail to U.S. Office of Management and Budget, 
725 17th Street, NW., 10235, Washington, DC 20503, or by fax 
to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection from Mary Gottlieb, OCC Clearance Officer, 
or Camille Dixon, (202) 874-5090, Legislative and Regulatory Activities 
Division, Office of the Comptroller of the Currency, 250 E Street, SW., 
Washington, DC 20219.

SUPPLEMENTARY INFORMATION: On November 7, 2005, the OCC published in 
the Federal Register (70 FR 67536) a notice concerning the revision of 
this information collection. The OCC received no public comments and is 
now submitting its request to OMB for approval.
    Title: Community and Economic Development Entities, Community 
Development Projects--12 CFR 24.
    OMB Number: 1557-0194.
    Description: This submission covers an existing regulation and 
involves no change to the regulation or to the information collection 
requirements. The OCC requests only that OMB approve its revised 
estimates and extend its approval of the information collection.
    Section 24.5(a) provides that an eligible bank may make an 
investment without prior notification to, or approval by, the OCC if 
the bank submits an after-the-fact notification of an investment within 
10 days after it makes the investment.
    Section 24.5(a)(4) provides that a national bank that is not an 
eligible bank but that is at least adequately capitalized may submit a 
letter to the OCC requesting authority to self-certify investments.
    Section 24.5(b) provides that if a national bank does not meet the 
requirements for after-the-fact notification, the bank must submit an 
investment proposal to the OCC.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals; Businesses or other for-profit.
    Estimated Number of Respondents: 250.
    Estimated Total Annual Responses: 250.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 371 hours.
    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 has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;

[[Page 2615]]

    (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: January 9, 2006.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory Activities Division.
 [FR Doc. E6-405 Filed 1-13-06; 8:45 am]
BILLING CODE 4810-33-P