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stations. The author is Tasneem Chipty, 

CRA International, Inc. 

Study 6: The Effects of CrossOwnership on the Local Content and 

Political Slant of Local Television News. 

This study examines the effect of 

newspaper cross-ownership on 

television news coverage using matched 

pairs of cross-owned and non-crossowned television stations. The author is 

Jeffrey Milyo, Center for Applied 

Economics, University of Kansas, 

School of Business; Department of 

Economics and Truman School of 

Public Affairs, University of Missouri. 

Studies 7 and 8: These two studies 

examine levels of minority ownership of 

media companies and barriers to entry. 

Study 7: Minority and Female 

Ownership in Media Enterprises. The 

authors are Arie Beresteanu and Paul B. 

Ellickson, Duke University. 

Study 8: The Impact of the FCC’s TV 

Duopoly Rule Relaxation on Minority 

and Women Owned Broadcast Stations 

1999–2006. The author is Allen S. 

Hammond, IV, Santa Clara University. 

Study 9: Vertical Integration and the 

Market for Broadcast and Cable 

Television Programming. This study 

examines levels of vertical integration in 

the media industry. The author is 

Austan Goolsbee, University of Chicago, 

Graduate School of Business; American 

Bar Foundation; and National Bureau of 

Economic Research. 

Study 10: Review of the Radio 

Industry, 2007. This study updates a 

study done during our last review of the 

media ownership rules, which was 

titled ‘‘Radio Industry Review 2002: 

Trends in Ownership, Format, and 

Finance.’’ The author is George 

Williams, FCC. 

Procedural Matters 

3. Interested parties may file 

comments on or before October 1, 2007 

and reply comments on or before 

October 16, 2007. Comments may be 

filed using: (1) The Commission’s 

Electronic Comment Filing System 

(ECFS); (2) the Federal Government’s 

eRulemaking Portal; or (3) by filing 

paper copies. See Electronic Filing of 

Documents in Rulemaking Proceedings, 

63 FR 24121 (May 1, 1998). 

• Electronic Filers: Comments may be 

filed electronically using the Internet by 

accessing the ECFS: http://www.fcc.gov/ 

cgb/ecfs/ or the Federal eRulemaking 

Portal: http://www.regulations.gov. 

Filers should follow the instructions 

provided on the Web site for submitting 

comments. 

• For ECFS filers, if multiple docket 

or rulemaking numbers appear in the 

caption of this proceeding, filers must 

transmit one electronic copy of the 

comments for each docket or 

rulemaking number referenced in the 

caption. In completing the transmittal 

screen, filers should include their full 

name, U.S. Postal Service mailing 

address, and the applicable docket or 

rulemaking number. Parties may also 

submit an electronic comment by 

Internet e-mail. To get filing 

instructions, filers should send an email to ecfs@fcc.gov, and include the 

following words in the body of the 

message, ‘‘get form.’’ A sample form and 

directions will be sent in response. 

• Paper Filers: Parties who choose to 

file by paper must file an original and 

four copies of each filing. If more than 

one docket or rulemaking number 

appears in the caption of this 

proceeding, filers must submit two 

additional copies for each additional 

docket or rulemaking number. Filings 

can be sent by hand or messenger 

delivery, by commercial overnight 

courier, or by first-class or overnight 

U.S. Postal Service mail (although we 

continue to experience delays in 

receiving U.S. Postal Service mail). All 

filings must be addressed to the 

Commission’s Secretary, Office of the 

Secretary, Federal Communications 

Commission. 

• The Commission’s contractor will 

receive hand-delivered or messengerdelivered paper filings for the 

Commission’s Secretary at 236 

Massachusetts Avenue, NE., Suite 110, 

Washington, DC 20002. The filing hours 

at this location are 8 a.m. to 7 p.m. All 

hand deliveries must be held together 

with rubber bands or fasteners. Any 

envelopes must be disposed of before 

entering the building. 

• Commercial overnight mail (other 

than U.S. Postal Service Express Mail 

and Priority Mail) must be sent to 9300 

East Hampton Drive, Capitol Heights, 

MD 20743. 

• U.S. Postal Service first-class, 

Express, and Priority mail should be 

addressed to 445 12th Street, SW., 

Washington DC 20554. 

People with Disabilities: To request 

materials in accessible formats for 

people with disabilities (Braille, large 

print, electronic files, audio format) 

send an e-mail to fcc504@fcc.gov or call 

the Consumer & Governmental Affairs 

Bureau at 202–418–0530 (voice), 202–

418–0432 (tty). 

4. This is a permit-but-disclose notice 

and comment rulemaking proceeding. 

Ex parte presentations are permitted, 

except during the Sunshine Agenda 

period, provided that they are disclosed 

as provided in the Commission’s rules. 

5. For further information, contact 

Michelle Connolly at (202) 418–1503 of 

the Office of Strategic Planning & Policy 

Analysis. Press inquiries should be 

directed to Mary Diamond, Media 

Bureau, at (202) 418–2388. TTY: (202) 

418–7172 or (888) 835–5322. 

Federal Communications Commission. 

Royce Sherlock, 

Chief, Industry Analysis Division, Media 

Bureau. 

[FR Doc. E7–15457 Filed 8–7–07; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL HOUSING FINANCE BOARD 

[No. 2007–N–11] 

Proposed Collection; 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) 

is seeking public comments concerning 

a 3 year extension by the Office of 

Management and Budget (OMB) of its 

approval of the information collection 

entitled ‘‘Federal Home Loan Bank 

Directors.’’ OMB has been assigned 

control number 3069–0002, which is 

due to expire on November 30, 2007. 

DATES: Interested persons may submit 

comments on or before October 9, 2007. 

Comments: Submit comments by any 

one of the following methods: 

E-mail: comments@fhfb.gov. 

Fax: 202–408–2580. 

Mail/Hand Delivery: Federal Housing 

Finance Board, 1625 Eye Street, NW., 

Washington, DC 20006, Attention: 

Public Comments. 

Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

Include the following information in the 

subject line of your submission: Federal 

Housing Finance Board. Proposed 

Collection; Comment Request: Federal 

Home Loan Bank Directors. 2007–N–11. 

We will post all public comments we 

receive on this notice without change, 

including any personal information you 

provide, such as your name and 

address, on the Finance Board Web site 

at http://www.fhfb.gov/ 

Default.aspx?Page=93&Top=93. 

FOR FURTHER INFORMATION CONTACT: 

Patricia L. Sweeney, Program Analyst, 

Office of Supervision, by electronic mail 

at sweeneyp@fhfb.gov, by telephone at 

202–408–2872, or by regular mail to the 

Federal Housing Finance Board, 1625 

Eye Street, NW., Washington, DC 20006. 

SUPPLEMENTARY INFORMATION: 


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A. Need for and Use of Information 

Collection 

Section 7 of the Federal Home Loan 

Bank Act (Bank Act) (12 U.S.C. 1427) 

and the Finance Board’s implementing 

regulation, codified at 12 CFR part 915, 

establish the eligibility requirements 

and the procedures for electing and 

appointing Federal Home Loan Bank 

(Bank) directors. Under part 915, the 

Banks determine the eligibility of 

elective directors and director nominees 

and run the annual director election 

process. To determine eligibility, the 

Banks use the Federal Home Loan Bank 

Elective Director Eligibility Certification 

Form, which has not changed since the 

information collection was last cleared 

in 2004. A copy of the Form is attached 

to this Notice. The Finance Board 

welcomes comments on the Form. 

In 2007, the Finance Board published 

two rules affecting the eligibility and 

selection of appointive Bank directors. 

The first rule, published in April 2007, 

requires the boards of directors of the 

Banks to submit to the Finance Board a 

list of individuals that includes 

information regarding each individual’s 

eligibility and qualifications to serve as 

a Bank director. The Finance Board uses 

the list provided by each Bank to select 

well-qualified individuals to serve on 

the Bank’s board of directors. See 72 FR 

15600 (Apr. 2, 2007). The second rule, 

published in June 2007, clarifies the 

types of financial interests an 

appointive Bank director may maintain 

in a member of the Bank on whose 

board the director serves. See 72 FR 

33637 (June 19, 2007). As a result of 

these regulatory changes, the Finance 

Board has revised the form the Banks 

and the Finance Board use to determine 

whether prospective appointive 

directors satisfy the statutory and 

regulatory eligibility requirements and 

renamed it the Federal Home Loan Bank 

Appointive Director Application Form 

(Application Form). The revised 

Application Form asks individuals for 

information about their background and 

qualifications to serve as an appointive 

Bank director as well as compliance 

with statutory eligibility requirements. 

It also conforms the information about 

prohibited financial interests to the new 

rule. In addition, to reduce the burden 

on incumbent appointive directors, the 

Finance Board has created a new 

Federal Home Loan Bank Appointive 

Bank Director Annual Certification 

Form (Annual Form) that allows 

individuals simply to certify that they 

continue to meet the director eligibility 

requirements. Copies of both the revised 

Application Form and the new Annual 

Form are attached to this Notice. The 

Finance Board welcomes comments on 

both forms. 

The likely respondents include Banks, 

Bank members, and prospective and 

incumbent Bank directors. The OMB 

number for the information collection is 

3069–0002. The OMB clearance for the 

information collection expires on 

November 30, 2007. 

B. Burden Estimate 

The Finance Board estimates that the 

total number of respondents is 4,351, 

which includes 12 Banks, 4,000 Bank 

members, and 339 prospective and 

incumbent Bank directors. As explained 

below, the Finance Board estimates that 

the total annual hour burden for all 

respondents is 4,501.5 hours. 

1. Elections and Elective Directors 

a. Banks 

The Finance Board estimates the total 

annual average hour burden for each 

Bank to conduct the election of directors 

and to process Elective Director 

Eligibility Certification Forms is 235 

hours. The estimate for the average hour 

burden for all Banks is 2,820 hours (12 

Banks × 235 hours). 

b. Members 

The Finance Board estimates the total 

annual average hour burden for all Bank 

members to participate in the election 

process is 1,075 hours. This includes 

the time necessary to consider elective 

director candidates and to cast votes. 

The Finance Board estimates that Bank 

members will consider 300 elective 

director candidates annually for a total 

of 75 hours (300 individuals × 15 

minutes = 75 hours). The Finance Board 

estimates the total annual average hour 

burden for a Bank member to vote in the 

director election is 15 minutes for a total 

of 1,000 hours (4,000 voting members × 

15 minutes = 1,000 hours). 

c. Prospective and Incumbent Elective 

Directors 

The Finance Board estimates the total 

annual average hour burden for all 

prospective and incumbent elective 

directors is 75 hours. This includes a 

total annual average of 100 prospective 

elective directors (out of the 300 

individuals the Banks consider), with 1 

response per individual taking an 

average of 30 minutes (100 individuals 

× 30 minutes = 50 hours). It also 

includes a total annual average of 100 

incumbent elective directors, with 1 

response per individual taking an 

average of 15 minutes (100 individuals 

× 15 minutes = 25 hours). 

2. Appointive Directors 

a. Banks 

The Finance Board estimates the total 

annual average hour burden for each 

Bank to recruit, review, and recommend 

individuals to be appointed as Bank 

directors is 28 hours. The estimate for 

the average hour burden for all Banks is 

336 hours (12 Banks × 28 hours). 

b. Prospective and Incumbent 

Appointive Directors 

The Finance Board estimates the total 

annual average hour burden for all 

prospective and incumbent appointive 

directors is 195.5 hours. This includes 

a total annual average number of 84 

prospective appointive directors with 1 

response per individual taking an 

average of 2 hours (84 individuals × 2 

hours = 168 hours). It also includes a 

total annual average of 55 incumbent 

appointive directors, with 1 response 

per individual taking an average of 30 

minutes (55 individuals × 30 minutes = 

27.5 hours). 

C. Comment Request 

The Finance Board requests written 

comments on the following: (1) Whether 

the collection of information is 

necessary for the proper performance of 

Finance Board functions, including 

whether the information has practical 

utility; (2) the accuracy of the Finance 

Board’s estimates of the burdens of the 

collection of information; (3) ways to 

enhance the quality, utility, and clarity 

of the information collected; and (4) 

ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

other forms of information technology. 

Dated: August 2, 2007. 

By the Federal Housing Finance Board. 

Neil R. Crowley, 

Acting General Counsel. 

BILLING CODE 6725–01–P 


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[FR Doc. 07–3862 Filed 8–7–07; 8:45 am] 

BILLING CODE 6725–01–C 

FEDERAL MARITIME COMMISSION 

Notice of Agreement Filed 

The Commission hereby gives notice 

of the filing of the following agreement 

under the Shipping Act of 1984. 

Interested parties may submit comments 

on agreements to the Secretary, Federal 

Maritime Commission, Washington, DC 

20573, within ten days of the date this 

notice appears in the Federal Register. 

Copies of agreements are available 

through the Commission’s Office of 

Agreements (202–523–5793 or 

tradeanalysis@fmc.gov). 


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