[Federal Register Volume 72, Number 14 (Tuesday, January 23, 2007)]
[Notices]
[Pages 2926-2927]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-936]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--CRA Sunshine

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before March 26, 2007.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send

[[Page 2927]]

an 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 
public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202) 
906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Celeste Anderson, 
Senior Project Manager, Compliance and Consumer Protection, (202) 906-
7990, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 
20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection.
    Title of Proposal: CRA Sunshine.
    OMB Number: 1550-0105.
    Form Number: N/A.
    Regulation requirement: 12 CFR part 533.
    Description: This submission covers an extension of OTS's currently 
approved information collection contained in 12 CFR part 533. 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 533.6(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 533.6(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 533.6(d)(1)(i) and 5336(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 533.6(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 533.6(d)(1)(ii).
    Section 533.7(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 533.7(f)(2)(ii) requires an IDI that receives an annual 
report from a NGEP pursuant to section 533.7(f)(2)(i) to file the 
report with the relevant supervisory agency or agencies on behalf of 
the NGEP within 30 days.
    Section 533.4(b) requires an IDI that is party to a covered 
agreement that concerns any activity described in section 533.4(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 current estimate is based on the actual number of IDIs or their 
affiliates that reported covered agreements to the agencies in 2004 and 
2005. The number of NGEP respondents is based on an assumption that one 
NGEP is a party to each covered agreement.
    Type of Review: Renewal.
    Affected Public: Businesses or other for-profit; individuals.
    Estimated Number of Respondents: 12 IDI; 1 NGEP.
    Estimated Number of Responses: 842.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 439 hours.
    Clearance Officer: Marilyn K. Burton, (202) 906-6467, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: January 18, 2007.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E7-936 Filed 1-22-07; 8:45 am]
BILLING CODE 6720-01-P