[Federal Register Volume 75, Number 26 (Tuesday, February 9, 2010)]
[Notices]
[Page 6434]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-2716]


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DEPARTMENT OF THE TREASURY


Departmental Offices; Proposed Collection; Comment Request

ACTION: Notice and request for comments.

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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 take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the Office of Financial Stability (OFS) is 
soliciting comments concerning the Use of Funds Survey for Capital 
Purchase Program participants.

DATES: Written comments should be received on or before April 12, 2010 
to be assured of consideration.

ADDRESSES: Direct all written comments to Department of the Treasury, 
Daniel Abramowitz, 1500 Pennsylvania Avenue, NW., Washington, DC 20220; 
(202) 927-9645.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form(s) and instructions should be directed as above.

SUPPLEMENTARY INFORMATION:
    Title: Troubled Asset Relief Program (TARP)--Capital Purchase 
Program (CPP) Use of Funds Survey.
    OMB Control Number: 1505-0222.
    Abstract: Authorized under the Emergency Economic Stabilization Act 
(EESA) of 2008 (Pub. L. 110-343), the Department of the Treasury has 
implemented several aspects of the Troubled Asset Relief Program 
(TARP). The TARP includes several components including a voluntary 
Capital Purchase Program (CPP) under which the Department has purchased 
qualifying capital in U.S. banking organizations. The CPP is an 
important part of the Department's efforts to restore confidence in our 
financial system and ensure that credit continues to be available to 
consumers and businesses. As an essential part of restoring confidence, 
the Treasury has committed to determining the effectiveness of the CPP. 
Additionally, American taxpayers are particularly interested in knowing 
how banks have used the money that Treasury has invested through the 
CPP. Consequently, the Treasury is seeking responses from banking 
institutions that have received CPP funds regarding: how the CPP 
investment has affected the banks' operations, how these institutions 
have used CPP funds, and how their usage of CPP funds has changed over 
time. The information will be used to gauge how participants in the CPP 
are utilizing TARP capital.
    Type of Review: Extension without change to a currently approved 
information collection.
    Affected Public: Private sector: Businesses or other for-profits.
    Estimated Number of Respondents: 640.
    Estimated Total Annual Burden Hours: 51,200 hours.
    Comments submitted in response to this notice will be summarized 
and included in the request for OMB 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 including the validity of 
the methodology and assumption used; (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, maintenance, and purchase of services 
to provide information.

     Dated: January 16, 2010.
Daniel Abramowitz,
Office of Financial Stability PRA Program Officer.
[FR Doc. 2010-2716 Filed 2-8-10; 8:45 am]
BILLING CODE 4810-25-P