[Federal Register Volume 72, Number 91 (Friday, May 11, 2007)]
[Notices]
[Pages 26865-26866]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-9133]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Submission for OMB Review; comment request--CRA Sunshine

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

ACTION: Notice and request for comment.

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SUMMARY: The proposed information collection requirement described 
below has been submitted to the Office of Management and Budget (OMB) 
for review and approval, as required by the Paperwork Reduction Act of 
1995. OTS is soliciting public comments on the proposal.

DATES: Submit written comments on or before June 11, 2007.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to OMB and OTS at these addresses: 
Office of Information and Regulatory Affairs, Attention: Desk Officer 
for OTS, U.S. Office of Management and Budget, 725--17th Street, NW., 
Room 10235, Washington, DC 20503, or by fax to (202) 395-6974; and 
Information Collection Comments, Chief Counsel's Office, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to 
(202) 906-6518, or by 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.

[[Page 26866]]


FOR FURTHER INFORMATION CONTACT: For further information or to obtain a 
copy of the submission to OMB, please contact Marilyn K. Burton at 
[email protected], (202) 906-6467, or facsimile number (202) 
906-6518, Litigation Division, Chief Counsel's Office, 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.
    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 (IDI) or affiliate 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 533.6(d)(1)(ii) require each IDI or 
affiliate 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 or affiliate 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 or affiliate submits a list of its 
covered agreements pursuant to Sec.  533.6(d)(1)(ii).
    Section 533.7(b) requires each NGEP and IDI or affiliate 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 or affiliate that receives 
an annual report from a NGEP pursuant to Sec.  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 or affiliate that is party to a 
covered agreement that concerns any activity described in Sec.  
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.
    OMB Reviewer: Desk Officer for OTS, Fax: (202) 395-6974, U.S. 
Office of Management and Budget, 725--17th Street, NW., Room 10235, 
Washington, DC 20503.

    Dated: May 7, 2007.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
 [FR Doc. E7-9133 Filed 5-10-07; 8:45 am]
BILLING CODE 6720-01-P