[Federal Register Volume 81, Number 19 (Friday, January 29, 2016)]
[Notices]
[Page 5032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-01708]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

January 26, 2016.
    The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before February 29, 2016 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimates, or any other 
aspect of the information collections, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8117, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing [email protected], calling (202) 622-1295, or 
viewing the entire information collection request at www.reginfo.gov.

Departmental Offices

    OMB Control Number: 1505-0170.
    Type of Review: Extension of a currently approved collection.
    Title: Form for OFAC License Applications to Unblock Funds 
Transfers.
    Form: TD F 90-22.54.
    Abstract: Assets blocked pursuant to sanctions administered by 
Treasury's Office of Foreign Assets Control (OFAC) may be released only 
through a specific license issued by OFAC. Since February 2000, use of 
this form to apply for the unblocking of funds transfers has been 
mandatory pursuant to 31 CFR 501.801(b)(2).
    Affected Public: Businesses or other for-profits.
    Estimated Average Annual Burden per Response: 30 minutes.
    Estimated Total Annual Burden Hours: 1,200.

    OMB Control Number: 1505-0208.
    Type of Review: Extension of a currently approved collection.
    Title: Terrorism Risk Insurance Program--Cap on Annual Liability.
    Abstract: The Terrorism Risk Insurance Act of 2002, as amended 
(TRIA), established the Terrorism Risk Insurance Program (TRIP), which 
the Secretary of the U.S. Department of the Treasury (Secretary) 
administers, with the assistance of the Federal Insurance Office. 
Section 103(e) of TRIA sets a limit on the annual liability for insured 
losses at $100 billion. This section requires the Secretary to notify 
Congress not later than 15 days after an act of terrorism as to whether 
aggregate insured losses are estimated to exceed the cap. TRIA also 
requires the Secretary to determine the pro rata share of insured 
losses under the program when insured losses exceed the cap, and to 
issue regulations for carrying this out. In order to meet these 
requirements, Treasury may need to obtain loss information from 
involved insurers.
    Affected Public: Businesses or other for-profits.
    Estimated Average Annual Burden per Response: 5 hours.
    Estimated Total Annual Burden Hours: 1,000.

Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-01708 Filed 1-28-16; 8:45 am]
 BILLING CODE 4810-25-P