Federal Register / Vol. 72, No. 70 / Thursday, April 12, 2007 / Notices 18479 

Synopsis 

On July 14, 2006, Snap filed a request 

for a temporary waiver of the 

interoperability requirements 

concerning the provision of VRS. See 

Snap Request for Limited Waiver, CG 

Docket No. 03–123, filed July 14, 2006 

(requesting a waiver until March 31, 

2007). On March 6, 2007, Snap filed a 

letter with the Commission stating that 

Snap has started providing VRS and is 

in compliance with the VRS 

interoperability requirements. See Letter 

from Francis Buono, Counsel for Snap, 

to Marlene Dortch, Office of the 

Secretary, Federal Communications 

Commission (March 6, 2007). Snap 

requested that the Commission dismiss 

its waiver request as moot. In response 

to Snap’s request, the Consumer & 

Governmental Affairs Bureau hereby 

dismisses Snap’s request for temporary 

waiver as moot. 

Federal Communications Commission. 

Jay Keithley, 

Deputy Bureau Chief, Consumer & 

Governmental Affairs Bureau. 

[FR Doc. E7–6933 Filed 4–11–07; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL ELECTION COMMISSION 

Notice of Sunshine Act Meeting 

DATE AND TIME: Tuesday, April 17, 2007 

at 10 a.m. 

PLACE: 999 E Street, NW., Washington, 

DC. 

STATUS: This meeting will be closed to 

the public. 

ITEMS TO BE DISCUSSED: 

Compliance matters pursuant to 2 

U.S.C. 437g. 

Audits conducted pursuant to 2 

U.S.C. 437g, 438(b), and Title 26, U.S.C. 

Matters concerning participation in 

civil actions or proceedings or 

arbitration. 

Internal personnel rules and 

procedures or matters affecting a 

particular employee. 

DATE AND TIME: Thursday, April 19, 2007 

at 10 a.m. 

PLACE: 999 E Street, NW., Washington, 

DC (ninth floor). 

STATUS: This meeting will be open to the 

public. 

ITEMS TO BE DISCUSSED: 

Correction and Approval of Minutes. 

Advisory Opinion 2007–04: Atlatl, 

Inc. by Duke Williams, Chief Executive 

Officer. 

Notice of Proposed Rulemaking on 

Hybrid Ads. 

Final Report for Gephardt for 

President, Inc. 

Management and Administrative 

Matters. 

FOR FURTHER INFORMATION CONTACT: Mr. 

Robert Biersack, Press Officer, 

Telephone: (202) 694–1220. 

Mary W. Dove, 

Secretary of the Commission. 

[FR Doc. 07–1839 Filed 4–10–07; 3:10 pm] 

BILLING CODE 6715–01–M 

FEDERAL HOUSING FINANCE BOARD 

[No. 2007–N–07] 

Submission for OMB Review; 

Comment Request 

AGENCY: Federal Housing Finance 

Board. 

ACTION: Notice. 

SUMMARY: In accordance with the 

requirements of the Paperwork 

Reduction Act of 1995, the Federal 

Housing Finance Board (Finance Board) 

has submitted the information 

collection entitled ‘‘Capital 

Requirements for the Federal Home 

Loan Banks’’ to the Office of 

Management and Budget (OMB) for 

review and approval of a 3-year 

extension of the OMB control number, 

3069–0059, which is due to expire on 

May 31, 2007. 

DATES: Interested persons may submit 

comments on or before May 14, 2007. 

ADDRESSES: Submit comments to the 

Office of Information and Regulatory 

Affairs of the Office of Management and 

Budget, Attention: Desk Officer for the 

Federal Housing Finance Board, 

Washington, DC 20503. 

FOR FURTHER INFORMATION CONTACT: 

Jonathan F. Curtis, Senior Financial 

Analyst, Regulations & Research 

Division, Office of Supervision, by 

e-mail at curtisj@fhfb.gov, by telephone 

at 202–408–2866, or by regular mail at 

the Federal Housing Finance Board, 

1625 Eye Street, NW., Washington DC 

20006. 

SUPPLEMENTARY INFORMATION: 

A. Need For and Use of the Information 

Collection 

Section 6 of the Federal Home Loan 

Bank Act establishes the capital 

structure for the Federal Home Loan 

Banks (Banks) and requires the Finance 

Board to issue regulations prescribing 

uniform capital standards applicable to 

each Bank. 12 U.S.C. 1426. To 

implement the statutory capital 

structure for the Banks, the Finance 

Board added parts 930, 931, 932, and 

933 to its regulations. 12 CFR parts 930, 

931, 932, and 933. Part 930 establishes 

definitions applicable to risk 

management and the capital regulations; 

part 931 concerns Bank capital stock; 

part 932 establishes Bank capital 

requirements; and part 933 sets forth the 

requirements for Bank capital structure 

plans. The implementing regulations 

also include conforming changes to 

parts 917, 925, and 956, which concern, 

respectively, the powers and 

responsibilities of Bank boards of 

directors and senior management, Bank 

members, and Bank investments. 12 

CFR parts 917, 925, and 956. 

The Banks use the information 

collection contained in the rules 

implementing section 6 to determine the 

amount of capital stock a member must 

purchase to maintain membership in 

and to obtain services from a Bank. 

More specifically, sections 931.3 and 

933.2(a) of the Finance Board rules 

authorize a Bank to offer its members 

several options to satisfy required 

investments in capital stock as activitybased and/or membership stock 

purchase requirements. 12 CFR 931.3 

and 933.2(a). The information collection 

is necessary to provide the Banks with 

the flexibility to meet the statutory and 

regulatory capital structure 

requirements while allowing Bank 

members to choose the option best 

suited to their business requirements. 

The OMB control number for the 

information collection is 3069–0059, 

and it is due to expire on May 31, 2007. 

The likely respondents include Bank 

members. 

B. Burden Estimate 

While the number of member 

respondents and the volume of 

information have increased, the overall 

burden has decreased significantly 

because the Banks can access almost all 

of the data required by the information 

collection electronically from call 

reports the members already must file 

with their primary regulator. The 

estimate for the total annual hour 

burden for all member respondents is 

8,953 hours. The estimate for the total 

annual cost burden is $367,073. These 

estimates are based on the following 

calculations: 

The Banks determine members’

activity-based stock purchase 

requirements on a daily basis. Based on 

input from the Banks, we estimated the 

cost and hour burden of the activitybased stock purchase requirement 

information collection using a daily 

average of 564 member respondents 

submitting 1 report for each of the 260 

business days during the year. The 

estimate for the average hours per 

response is .05 hours. The estimate for 


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