[Federal Register Volume 76, Number 139 (Wednesday, July 20, 2011)]
[Notices]
[Pages 43330-43331]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-18246]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, 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 renewal of an existing 
information collection, as required by the Paperwork Reduction Act of 
1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comments 
on renewal of the information collection described below.

DATES: Comments must be submitted on or before September 19, 2011.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: [email protected] Include the name of the 
collection in the subject line of the message.
     Mail: Gary A. Kuiper (202.898.3877), Counsel, Room F-1086, 
Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7 a.m. and 5 p.m.

All comments should refer to the relevant OMB control number. A copy of 
the comments may also be submitted to the OMB desk officer for the 
FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION:

Proposal to Renew the Following Currently Approved Collection of 
Information

    Title: Prompt Corrective Action.
    OMB Number: 3064-0115.
    Frequency of Response: On occasion.
    Affected Public: All insured depository institutions.
    Estimated Number of Respondents: 19.
    Estimated Time per Response: 4 hours.
    Total Annual Burden: 76 hours.
    General Description of Collection: The Prompt Corrective Action 
provisions in Section 38 of the Federal Deposit Insurance Act (12 
U.S.C. 1831o) permits and, in some cases requires, the FDIC and other 
federal banking agencies to take certain supervisory actions when FDIC-
insured institutions fall within one of five capital categories. They 
also restrict or prohibit certain activities and require the submission 
of a capital restoration plan when an insured institution becomes 
undercapitalized.

[[Page 43331]]

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 15th day of July 2011.

    Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011-18246 Filed 7-19-11; 8:45 am]
BILLING CODE 6714-01-P