[Federal Register: August 21, 2007 (Volume 72, Number 161)]
[Notices]
[Page 46712-46713]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21au07-143]
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DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Proposed Agency Information Collection Activities; Comment
Request--Community Reinvestment Act
AGENCY: Office of Thrift Supervision (OTS), Treasury.
ACTION: Notice and request for comment.
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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 comment on proposed and continuing
information collections, as required by the Paperwork Reduction Act of
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the
Department of the Treasury will submit the proposed information
collection requirement described below to the Office of Management and
Budget (OMB) for review, as required by the Paperwork Reduction Act.
Today, OTS is soliciting public comments on its proposal to extend this
information collection.
DATES: Submit written comments on or before October 22, 2007.
ADDRESSES: Send comments, referring to the collection by title of the
proposal or by OMB approval number, to Information Collection Comments,
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS
will post comments and the related index on the OTS Internet Site at
http://www.ots.treas.gov. In addition, interested persons may inspect
comments at the Public Reading Room, 170 G Street, NW., by appointment.
To make an appointment, call (202) 906-5922, send an e-mail to
public.info@ots.treas.gov, or send a facsimile transmission to (202)
906-7755.
FOR FURTHER INFORMATION CONTACT: You can request additional information
about this proposed information collection from Celeste Anderson,
Senior Project Manager, Compliance and Consumer Protection, (202) 906-
7990, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC
20552.
SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an
information collection, and respondents are not required to respond to
an information collection, unless the information collection displays a
currently valid OMB control number. As part of the approval process, we
invite comments on the following information collection.
Comments should address one or more of the following points:
a. Whether the proposed collection of information is necessary for
the proper performance of the functions of OTS;
b. The accuracy of OTS'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
the OTS request for OMB approval. All comments will become a matter of
public record. In this notice, OTS is soliciting comments concerning
the following information collection.
Title of Proposal: Community Reinvestment Act.
OMB Number: 1550-0012.
Form Number: N/A.
Regulation Requirement: 12 CFR 563e.
Description: This submission covers an extension of OTS's currently
approved information collection in 12 CFR part 563e. The submission
involves no change to the regulations or to the information collection.
OTS needs the information collected to fulfill its obligations
under the Community Reinvestment Act (CRA) (12 U.S.C. 2901 et seq.) to
evaluate and assign ratings to the performance of institutions, in
connection with helping to meet the credit needs of their communities,
including low- and moderate-income neighborhoods, consistent with safe
and sound banking practices. OTS uses the information in the
examination process and in evaluating applications for mergers,
branches, and certain other corporate activities. Financial
institutions maintain and provide the information to OTS.
Type of Review: Revisions to a currently approved collection.
Affected Public: Businesses or other for-profit; individuals.
Estimated Number of Respondents: 838.
Estimated Number of Responses: 838.
Estimated Frequency of Response: On occasion.
[[Page 46713]]
Estimated Total Burden: 76,463 hours.
Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift
Supervision, 1700 G Street, NW., Washington, DC 20552.
Dated: August 15, 2007.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. 07-4097 Filed 8-20-07; 8:45 am]
BILLING CODE 6720-01-M