36696 Federal Register / Vol. 65, No. 112 / Friday, June 9, 2000 / Notices

Program; 83.548, Hazard Mitigation Grant

Program.)

James L. Witt,

Director.

[FR Doc. 00–14660 Filed 6–8–00; 8:45 am]

BILLING CODE 6718–02–P

FEDERAL RESERVE SYSTEM

Agency Information Collection

Activities: Proposed Collection;

Comment Request

AGENCY: Board of Governors of the

Federal Reserve System.

Background

On June 15, 1984, the Office of

Management and Budget (OMB)

delegated to the Board of Governors of

the Federal Reserve System (Board) its

approval authority under the Paperwork

Reduction Act, as per 5 CFR 1320.16, to

approve of and assign OMB control

numbers to collection of information

requests and requirements conducted or

sponsored by the Board under

conditions set forth in 5 CFR 1320

Appendix A.1. Board-approved

collections of information are

incorporated into the official OMB

inventory of currently approved

collections of information. Copies of the

OMB 83–Is and supporting statements

and approved collection of information

instruments are placed into OMB’s

public docket files. The Federal Reserve

may not conduct or sponsor, and the

respondent is not required to respond

to, an information collection that has

been extended, revised, or implemented

on or after October 1, 1995, unless it

displays a currently valid OMB control

number.

Request for Comment on Information

Collection Proposals

The following information

collections, which are being handled

under this delegated authority, have

received initial Board approval and are

hereby published for comment. At the

end of the comment period, the

proposed information collections, along

with an analysis of comments and

recommendations received, will be

submitted to the Board for final

approval under OMB delegated

authority. Comments are invited on the

following:

a. Whether the proposed collection of

information is necessary for the proper

performance of the Federal Reserve’s

functions; including whether the

information has practical utility;

b. The accuracy of the Federal

Reserve’s estimate of the burden of the

proposed 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

information collection on respondents,

including through the use of automated

collection techniques or other forms of

information technology.

DATES: Comments must be submitted on

or before August 8, 2000.

ADDRESSES: Comments, which should

refer to the OMB control number or

agency form number, should be

addressed to Jennifer J. Johnson,

Secretary, Board of Governors of the

Federal Reserve System, 20th and C

Streets, NW, Washington, DC 20551, or

mailed electronically to

regs.comments@federalreserve.gov.

Comments addressed to Ms. Johnson

also may be delivered to the Board’s

mail room between 8:45 a.m. and 5:15

p.m., and to the security control room

outside of those hours. Both the mail

room and the security control room are

accessible from the courtyard entrance

on 20th Street between Constitution

Avenue and C Street, NW. Comments

received may be inspected in room MP–500 between 9:00 a.m. and 5:00 p.m.,

except as provided in section 261.14 of

the Board’s Rules Regarding Availability

of Information, 12 CFR 261.14(a).

A copy of the comments may also be

submitted to the OMB desk officer for

the Board: Alexander T. Hunt, Office of

Information and Regulatory Affairs,

Office of Management and Budget, New

Executive Office Building, Room 3208,

Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: A

copy of the proposed form and

instructions, the Paperwork Reduction

Act Submission (OMB 83–I), supporting

statement, and other documents that

will be placed into OMB’s public docket

files once approved may be requested

from the agency clearance officer, whose

name appears below. Mary M. West,

Federal Reserve Board Clearance Officer

(202–452–3829), Division of Research

and Statistics, Board of Governors of the

Federal Reserve System, Washington,

DC 20551. Telecommunications Device

for the Deaf (TDD) users may contact

Diane Jenkins, (202–452–3544), Board of

Governors of the Federal Reserve

System, Washington, DC 20551.

Proposal To Approve Under OMB

Delegated Authority the Extension for

Three Years, Without Revision, of the

Following Reports

1. Report title: Request for Proposal

(RFP); Request for Price Quotations

(RFPQ).

Agency form number: RFP; RFPQ.

OMB control number: 7100–0180.

Frequency: On occasion.

Reporters: Vendors and suppliers.

Annual reporting hours: 15,000 hours.

Estimated average hours per response:

56 hours, RFP; 2 hours, RFPQ.

Number of respondents: 75, RFP;

5,400, RFPQ.

Small businesses are affected.

General description of report: This

information collection is required to

obtain or retain a benefit (12 U.S.C.

sections 243, 244, and 248) and is not

given confidential treatment unless a

respondent requests that portions of the

information be kept confidential and the

Board grants the request pursuant to the

applicable exemptions provided by the

Freedom of Information Act (5 U.S.C.

section 552).

Abstract: The Federal Reserve Board

uses the RFP and the RFPQ as needed

to obtain competitive proposals and

contracts from approved vendors of

goods and services. Depending upon the

goods and services for which the

Federal Reserve Board is seeking

competitive bids, the respondent is

requested to provide either prices for

providing the goods or services (RFPQ)

or a document covering not only prices,

but also the means of performing a

particular service and a description of

the qualification of the staff who will

perform the service (RFP). The Board

staff uses this information to analyze the

proposals and select the offer providing

the best value.

2. Report title: Recordkeeping

Requirements Associated with Real

Estate Appraisal Standards for Federally

Related Transactions Pursuant to

Regulations H and Y.

Agency form number: FR H–4.

OMB control number: 7100–0250.

Frequency: On occasion.

Reporters: State member banks and

bank holding company subsidiaries.

Annual reporting hours: 67,588 hours.

Estimated average hours per response:

15 minutes.

Number of respondents: 2,235.

Small businesses are not affected.

General description of report: This

information collection is mandatory (12

U.S.C. 3331–3351) and is not given

confidential treatment.

Abstract: For federally related

transactions, Title XI of the Financial

Institutions Reform, Recovery, and

Enforcement Act of 1989 (FIRREA)

requires state member banks and bank

holding company subsidiaries to use

appraisals prepared in accordance with

the Uniform Standards of Professional

Appraisal Practice promulgated by the

Appraisal Standards Board of the

Appraisal Foundation. These standards

Federal Register / Vol. 65, No. 112 / Friday, June 9, 2000 / Notices 36697

include the methods and techniques

used to analyze a property as well as the

requirements for reporting such analysis

and a value conclusion in the appraisal.

There is no formal reporting form and

the information is not submitted to the

Federal Reserve.

Board of Governors of the Federal Reserve

System, June 5, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00–14577 Filed 6–8–00; 8:45 am]

BILLING CODE 6210–01–P

FEDERAL RESERVE SYSTEM

Agency Information Collection

Activities: Announcement of Board

Approval Under Delegated Authority

and Submission to OMB

SUMMARY:

Background

Notice is hereby given of the final

approval of proposed information

collection(s) by the Board of Governors

of the Federal Reserve System (Board)

under OMB delegated authority, as per

5 CFR 1320.16 (OMB Regulations on

Controlling Paperwork Burdens on the

Public). Board-approved collections of

information are incorporated into the

official OMB inventory of currently

approved collections of information.

Copies of the OMB 83-Is and supporting

statements and approved collection of

information instrument(s) are placed

into OMB’s public docket files. The

Federal Reserve may not conduct or

sponsor, and the respondent is not

required to respond to, an information

collection that has been extended,

revised, or implemented on or after

October 1, 1995, unless it displays a

currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT:

Federal Reserve Board Clearance

Officer—Mary M. West—Division of

Research and Statistics, Board of

Governors of the Federal Reserve

System, Washington, DC 20551 (202–

452–3829) OMB Desk Officer—

Alexander T. Hunt—Office of

Information and Regulatory Affairs,

Office of Management and Budget, New

Executive Office Building, Room 3208,

Washington, DC 20503 (202–395–7860).

Final Approval Under OMB Delegated

Authority of the Extension for Three

Years, Without Revision, of the

Following Reports

1. Report title: Senior Loan Officer

Opinion Survey on Bank Lending

Practices.

Agency form numbers: FR 2018.

OMB control number: 7100–0058.

Frequency: Up to six times per year.

Reporters: Large U.S. commercial

banks and large U.S. branches and

agencies of foreign banks.

Annual reporting hours: 1,008 hours.

Estimated average hours per response:

2 hours.

Number of respondents: 84.

Small businesses are not affected.

General description of report: This

information collection is voluntary (12

U.S.C. §§ 248 (a), 324, 335, 3101, 3102,

and 3105) and is given confidential

treatment (5 U.S.C. § 552 (b)(4)).

Abstract: The FR 2018 is conducted

with a senior loan officer at each

respondent bank, generally by means of

a telephone interview, up to six times a

year. The interview is administered by

a Reserve Bank officer having in-depth

knowledge of bank lending practices.

The reporting panel consists of sixty

large domestically chartered commercial

banks, distributed as evenly as possible

across Federal Reserve Districts, and

twenty-four large U.S. branches and

agencies of foreign banks. The purpose

of the survey is to provide primarily

qualitative information pertaining not

only to current price and flow

developments but also to evolving

techniques and practices in the U.S.

banking sector. A significant fraction of

the questions in each survey consists of

unique questions on topics of timely

interest. There is the option to survey

other types of respondents (such as

other depository institutions, bank

holding companies, or corporations)

should the need arise. The FR 2018

survey provides crucial information for

monitoring and understanding the

evolution of lending practices at banks

and developments in credit markets

generally.

2. Report title: Senior Financial

Officer Survey.

Agency form number: FR 2023.

OMB control number: 7100–0223.

Frequency: Up to four times per year.

Reporters: Commercial banks, other

depository institutions, corporations or

large money-stock holders.

Annual reporting hours: 240 hours.

Estimated average hours per response:

1 hour.

Number of respondents: 60.

Small businesses are not affected.

General description of report: This

information collection is voluntary (12

U.S.C. §§ 225a, 248(a), and 263);

confidentiality will be determined on a

case-by-case basis.

Abstract: The FR 2023 requests

qualitative and limited quantitative

information about liability management

and the provision of financial services

from a selection of sixty large

commercial banks or, if appropriate,

from other depository institutions or

corporations. Responses are obtained

from a senior officer at each

participating institution through a

telephone interview conducted by

Reserve Bank or Board staff. The survey

is conducted when major informational

needs arise and cannot be met from

existing data sources. The survey does

not have a fixed set of questions; each

survey consists of a limited number of

questions directed at topics of timely

interest.

3. Report title: Consolidated Report of

Condition and Income for Edge and

Agreement Corporations.

Agency form number: FR 2886b.

OMB control number: 7100–0086.

Frequency: Quarterly.

Reporters: Edge and agreement

corporations.

Annual reporting hours: 3,566 hours.

Estimated average hours per response:

14.7 hours, banking corporations; 8.5

hours, investment corporations.

Number of respondents: 30 banking

corporations; 53 investment

corporations.

Small businesses are not affected.

General description of report: This

information collection is mandatory (12

U.S.C. 602 and 625) and is given

confidential treatment (5 U.S.C.

552(b)(4)).

Abstract: This report collects a

balance sheet, income statement, and

ten supporting schedules from banking

Edge corporations and investment

(nonbanking) Edge corporations.

Information collected on the FR 2886b

is used by the Federal Reserve to

supervise Edge corporations, identify

present and potential problems, and

monitor and develop a better

understanding of activities within the

industry.

The Federal Reserve has made several

clarifying updates to the reporting

instructions to reflect the

implementation of FASB Statement No.

133, ‘‘Accounting for Derivative

Instruments and Hedging Activities,’’ to

address the reporting of inactive

corporations, and has clarified the

reporting of certain International

Banking Facility transactions.

Proposal To Approve Under OMB

Delegated Authority the Extension for

Three Years, With Revision, of the

Following Report

1. Report title: Report of Repurchase

Agreements (RPs) on U.S. Government

and Federal Agency Securities with

Specified Holders.

Agency form number: FR 2415.

OMB control number: 7100–0074.

Frequency: weekly, quarterly, or

annually.