[Federal Register Volume 77, Number 28 (Friday, February 10, 2012)]
[Notices]
[Pages 7238-7239]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-3076]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Submission to OMB; 
Comment Request

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

ACTION: Notice and request for comment.

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SUMMARY: The OCC, 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 a new information 
collection, as required by the Paperwork Reduction Act of 1995. An 
agency may not conduct or sponsor, and a respondent is not required to 
respond to, an information collection unless it displays a currently 
valid OMB control number. The OCC is soliciting comment concerning the 
information collection titled ``Capital Distribution.'' It is also 
giving notice that it has submitted the collection to OMB for review.

DATES: Comments must be received by March 12, 2012.

ADDRESSES: Communications Division, Office of the Comptroller of the 
Currency, Public Information Room,

[[Page 7239]]

Mailstop 2-3, Attention: 1557-NEW, 250 E Street SW., Washington, DC 
20219. In addition, comments may be sent by fax to (202) 874-5274, or 
by electronic mail to [email protected]. You can inspect and 
photocopy the comments at the OCC, 250 E Street SW., Washington, DC 
20219. You can make an appointment to inspect the comments by calling 
(202) 874-4700.
    Additionally, you should send a copy of your comments to OCC Desk 
Officer, 1557-NEW, by mail to U.S. Office of Management and Budget, 
725, 17th Street NW., 10235, Washington, DC 20503, or by fax 
to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection from Ira L. Mills, (202) 874-6055, or Mary 
H. Gottlieb, (202) 874-4824, OCC Clearance Officers, Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, 250 E Street SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is requesting OMB approval of the 
following information collection, which was previously approved under 
the Office of Thrift Supervision's OMB Control No. 1550-0059. Title III 
of The Dodd-Frank Wall Street Reform and Consumer Protection Act, 
Public Law 111-203, 124 Stat. 1376 (2010) (Dodd-Frank Act) transferred 
the powers, authorities, rights and duties of the Office of Thrift 
Supervision (OTS) to other banking agencies, including the OCC. In 
addition, Dodd-Frank requires the Board of Governors of the Federal 
Reserve System (Board) to promulgate regulations governing capital 
distributions. OTS Control No. 1550-0059 was, therefore, transferred to 
the FRB under OMB Control No. 7100-0339. This information collection 
replaces the collection transferred to the FRB.
    The OCC solicited comments on this collection on August 23, 2011 
(76 FR 52735). No comments were received. Comments continue to be 
solicited on:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of the OCC;
    b. The accuracy of OCC'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 
our request for OMB approval. All comments will become a matter of 
public record.
    Title of Collection: Capital Distribution.
    OMB Control Number: 1557-NEW.
    Description: Under 12 CFR 163.143, the OCC will review the 
information to determine whether the request of Federal savings 
associations is in accordance with existing statutory and regulatory 
criteria. The information also provides the OCC with a mechanism for 
monitoring capital distributions since distributions may reduce an 
institution's capital levels and may, in some instances, impact the 
institution adversely.
    Type of Review: New collection.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 495.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 546 hours.

    Dated: February 2, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 2012-3076 Filed 2-9-12; 8:45 am]
BILLING CODE 4810-33-P