[Federal Register Volume 76, Number 144 (Wednesday, July 27, 2011)]
[Rules and Regulations]
[Page 44802]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-18959]


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DEPARTMENT OF THE TREASURY

Office of the Secretary

31 CFR Part 1

RIN 1505-AC27


Privacy Act of 1974; Implementation

AGENCY: Departmental Offices, Treasury.

ACTION: Final rule.

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SUMMARY: In accordance with the requirements of the Privacy Act of 
1974, 5 U.S.C. 552a, the Department of the Treasury gives notice of an 
amendment to update its Privacy Act regulations, and to add an 
exemption from certain provisions of the Privacy Act for a system of 
records related to the Office of Financial Stability (OFS).

DATES: Effective Date: July 27, 2011.

FOR FURTHER INFORMATION CONTACT: Brian Bressman, Department of the 
Treasury, 1500 Pennsylvania Avenue, NW., Washington, DC 20220, at (202) 
927-0419 (fax) or via electronic mail at [email protected].

SUPPLEMENTARY INFORMATION: The Departmental Offices published a system 
of records notice on February 9, 2011, at 76 FR 7239, establishing a 
new system of records entitled ``Treasury/DO.225--TARP Fraud 
Investigation Information System.''
    On February 9, 2011, the Department also published, at 75 FR 7121, 
a proposed rule amending 31 CFR 1.36(g)(1)(i). The proposed rule 
exempted the system of records from provisions of the Privacy Act 
pursuant to 5 U.S.C. 552a(k)(2).
    The proposed rule requested that public comments be submitted to 
OFS, Department of the Treasury, 1500 Pennsylvania Avenue, NW., 
Washington, DC 20220. The Department did not receive comments on the 
proposed rule. Accordingly the Department is hereby giving notice that 
the system of records entitled ``Treasury/DO.225--TARP Fraud 
Investigation Information System'' is exempt from provisions of the 
Privacy Act, pursuant to 5 U.S.C. 552a(k)(2) as set forth in the 
proposed rule.
    This final rule is not a ``significant regulatory action'' under 
Executive Order 12866.
    Pursuant to the requirements of the Regulatory Flexibility Act 
(RFA), 5 U.S.C. 601-612, it is hereby certified that this rule will not 
have significant economic impact on a substantial number of small 
entities. This certification is based on the fact that the final rule 
affects individuals and not small entities. The term ``small entity'' 
is defined to have the same meaning as the terms ``small business,'' 
``small organization,'' and ``small governmental jurisdiction,'' as 
defined in the RFA.
    As authorized by 5 U.S.C. 553(d)(3), the Department finds that good 
cause exists for dispensing with the 30-day delay in the effective date 
of this rule. These regulations exempt certain investigative records 
maintained by the Department from notification, access, and amendment 
of a record. Accordingly, to protect the integrity of the records 
system, the Department finds that it is in the public interest to make 
these regulations effective upon publication.

List of Subjects in 31 CFR Part 1

    Privacy.
    Part 1, Subpart C of title 31 of the Code of Federal Regulations is 
amended as follows:

PART 1--[AMENDED]

0
1. The authority citation for part 1 continues to read as follows:

    Authority: 5 U.S.C. 301 and 31 U.S.C. 321. Subpart A also issued 
under 5 U.S.C. 552 as amended. Subpart C also issued under 5 U.S.C. 
552a.


0
2. Section 1.36 paragraph (g)(1)(i) is amended by adding the following 
text to the table in numerical order.


Sec.  1.36  Systems exempt in whole or in part from provisions of 5 
U.S.C. 552a and this part.

* * * * *
    (g) * * *
    (1) * * *
    (i) * * *

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              Number                             System name
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                                * * * * *
DO.225............................  TARP Fraud Investigation Information
                                     System.
 
                                * * * * *
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* * * * *

    Dated: May 9, 2011.
Melissa Hartman,
Deputy Assistant Secretary for Privacy, Transparency and Records.
[FR Doc. 2011-18959 Filed 7-26-11; 8:45 am]
BILLING CODE 4810-25-P