62802 Federal Register / Vol. 62, No. 227 / Tuesday, November 25, 1997 / Notices

session will be held from approximately

9:00 a.m. to 12:30 p.m. at a meeting

room in or near the main Treasury

Building at 1500 Pennsylvania Avenue,

N.W., Washington, D.C.

FOR FURTHER INFORMATION CONTACT:

Dennis M. O’Connell, Director, Office of

Tariff and Trade Affairs, Office of the

Under Secretary for Enforcement, Room

4004, 1500 Pennsylvania Avenue, N.W.,

Washington, D.C. 20220. Tel.: (202)

622–0220.

SUPPLEMENTARY INFORMATION: This is the

fifth meeting of the current two-year

term of the Committee. The provisional

agenda to be considered at the meeting

is as follows:

1. Automated Export System:

Establishment and operation of the

subcommittee to develop industry

recommendations.

2. The Treasury Investment Review

Board role in the future of Customs

automation.

It is expected that several additional

items will be added to the provisional

agenda prior to the meeting. Members of

the public may obtain the final content

of the agenda and the precise location

of the meeting by calling the

information number one week prior to

the meeting. The Committee, in its

discretion, may take up other matters,

time permitting.

The meeting is open to the public.

However, participation in the

discussion is limited to Committee

members and Treasury and Customs

staff. It is necessary for any person other

than an Advisory Committee member

who wishes to attend the meeting to

give notice by contacting Ms. Theresa

Manning no later than December 4, 1997

at 202–622–0220.

Dated: November 19, 1997.

John P. Simpson,

Deputy Assistant Secretary (Regulatory, Tariff

and Trade Enforcement).

[FR Doc. 97–30956 Filed 11–24–97; 8:45 am]

BILLING CODE 4810–25–M

DEPARTMENT OF THE TREASURY

Community Development Financial

Institutions Fund

RIN 1505–AA71

Bank Enterprise Award Program;

Amended Notice of Funds Availability

(NOFA) for the Bank Enterprise Award

(BEA) Program

AGENCY: Community Development

Financial Institutions Fund,

Department.

ACTION: Amended Notice of Funds

Availability (NOFA).

SUMMARY: The Community Development

Financial Institutions Fund (the Fund)

issues this amendment to the Notice of

Funds Availability (NOFA) published in

the Federal Register on March 7, 1997,

which invited applications for the Bank

Enterprise Award (BEA) Program. That

NOFA identified the applicable

Assessment Period as March 1, 1997

through August 31, 1997. Since

publication, the Fund has learned that

technical advice that the Fund provided

to an entity in connection with the

entity’s certification as a Community

Development Financial Institution

(CDFI) under 12 CFR part 1805 may

have led the entity to obtain investment

capital from insured depository

institutions prior to the commencement

of the Assessment Period. Currently,

pursuant to the BEA Program as set

forth in the March 7, 1997 NOFA and

the BEA Program regulations at 12 CFR

part 1806, CDFI Related Activities

carried out by insured depository

institutions before March 1, 1997 are not

eligible for an award. To fulfill the

purpose of the Community

Development Banking and Financial

Institutions Act of 1994 (12 U.S.C. 4701

et seq.), the Fund will allow insured

depository institution applicants the

option of electing an Assessment Period

from February 1, 1997 through July 31,

1997, provided that they meet certain

conditions. The Fund is confident that

there are sufficient funds available to

make full cash awards to all insured

depository institution applicants in the

second round of the BEA Program that

qualified to receive awards, and assures

all such applicants that no awards will

be reduced as a result of this

amendment.

DATES: Elections must be received in the

offices of the Fund on or before

December 12, 1997.

ADDRESSES: Elections shall be mailed or

faxed to: The Community Development

Financial Institutions Fund, U.S.

Department of the Treasury, 601 13th

Street, NW, Suite 200 South,

Washington, D.C. 20005, Fax Number

(202) 622–7754.

FOR FURTHER INFORMATION CONTACT: The

Community Development Financial

Institutions Fund, U.S. Department of

the Treasury, 601 13th Street, NW, Suite

200 South, Washington, D.C. 20005, or

call (202) 622–8662.

SUPPLEMENTARY INFORMATION:

I. Background

The purpose of the Community

Development Banking and Financial

Institutions Act of 1994 (Act) was to

create the Fund to promote economic

revitalization and community

development through investment in and

assistance to Community Development

Financial Institutions (CDFIs). The

Fund’s BEA Program helps achieve this

purpose through an incentive system for

insured depository institutions to

increase their lending to and investment

in CDFIs by rewarding participating

institutions with awards.

II. Reasons for Amending the March 7,

1997 Notice of Funds Availability

In early 1997, the Fund provided

technical advice to an entity regarding

the Fund’s requirements for certification

as a CDFI under 12 CFR part 1805. The

Fund understands that its technical

advice led the entity to obtain

investment capital from insured

depository institutions in February

1997, and that the Fund also certified it

as a CDFI in February 1997.

Under the BEA Program, insured

depository institutions which engage in

CDFI Related Activities, including

equity investments in CDFIs, during an

Assessment Period will be eligible for

an award (see 12 CFR part 1806). The

Fund sets forth the applicable

Assessment Period in a Notice of Funds

Availability (NOFA). On March 7, 1997

(62 FR 10679), the Fund published a

NOFA in the Federal Register setting

the applicable Assessment Period as

March 1, 1997 through August 31, 1997.

As a result, CDFI Related Activities

conducted by insured depository

institutions in February 1997 are not

eligible for a Bank Enterprise Award.

The Fund believes that such a result

would be inconsistent with the purpose

of the Act under circumstances where

insured depository institutions carried

out CDFI Related Activities prior to the

Assessment Period as a direct or

indirect result of the Fund’s technical

advice, and would have carried out such

activities during the Assessment Period

but for such advice. Specifically, the Act

is intended to reward insured

depository institutions for increased

investments in CDFIs. If the Fund does

not amend the NOFA, at least two

insured depository institutions would

not be eligible to receive a Bank

Enterprise Award for CDFI Related

Activities carried out in February 1997.

III. Amended Optional Assessment

Period

The amended optional Assessment

Period is February 1, 1997 through July

31, 1997.

IV. Eligibility

Any insured depository institution

that timely submitted to the Fund an

application in response to the March 7,

1997 NOFA may elect the amended
Federal Register / Vol. 62, No. 227 / Tuesday, November 25, 1997 / Notices 62803

optional Assessment Period, provided

that the Fund receives the following by

the date set forth above:

(a) A detailed written explanation, with

any and all supporting documentation,

describing the Fund’s technical advice, the

impact of such advice on the insured

depository institution’s carrying out of CDFI

Related Activities in February 1997; and

(b) A revised ‘‘Worksheet,’’ ‘‘Certification,’’

and ‘‘Documentation’’ to reflect the Qualified

Activities carried out during the February 1,

1997 through July 31, 1997 Assessment

Period (see 12 CFR 1806.301 and

1806.202(d)).

V. Acceptance

Elections received in the offices of the

Fund after the date set forth above will

be rejected. The Fund will accept a

timely election from an eligible insured

depository institution which meets its

burden of establishing to the Fund that:

(1) it carried out CDFI Related Activities

in February 1997 as a direct or indirect

result of the Fund’s technical advice;

and (2) it would have carried out those

Activities during the March 1, 1997

through August 31, 1997 Assessment

Period but for the Fund’s technical

advice. The Fund reserves the right to

make follow-up inquiries.

Authority: 12 U.S.C. 1834a, 4701, 4704,

4713; 12 CFR part 1806.

Maurice A. Jones,

Acting Deputy Director.

[FR Doc. 97–30895 Filed 11–24–97; 8:45 am]

BILLING CODE 4810–70–P

DEPARTMENT OF THE TREASURY

Fiscal Service

Financial Management Service;

Proposed Collection of Information:

Annual Financial Statement of Surety

Companies—Schedule F

AGENCY: Financial Management Service,

Fiscal Service, Treasury.

ACTION: Notice and request for

comments.

SUMMARY: The Financial Management

Service, as part of its continuing effort

to reduce paperwork and respondent

burden, invites the general public and

other Federal agencies to take this

opportunity to comment on a

continuing information collection. By

this notice, the Financial Management

Service solicits comments concerning

the form ‘‘Annual Financial Statement

of Surety Companies—Schedule F.’’

DATES: Written comments should be

received on or before January 26, 1997.

ADDRESSES: Direct all written comments

to Financial Management Service, 3361–

L 75th Avenue, Landover, Maryland

20785.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the form(s) and instructions

should be directed to the Surety Bond

Branch, 3700 East-West Highway,

Hyattsville, Maryland 20782, (202) 874–

6850.

SUPPLEMENTARY INFORMATION: Pursuant

to the Paperwork Reduction Act of 1995,

(44 U.S.C. 3506(c)(2)(A)), the Financial

Management Service solicits comments

on the collection of information

described below.

Title: Annual Financial Statement of

Surety Companies—Schedule F.

OMB Number: 1510–0012.

Form Number: FMS 6314.

Abstract: This form provides

information that is used to determine

the amount of unauthorized reinsurance

of a Treasury Certified Company, and to

compute its underwriting limitations.

This computation is necessary to ensure

the solvency of companies certified by

Treasury, and their ability to carry out

contractual surety requirements.

Current Actions: Extension of

currently approved collection.

Type of Review: Regular.

Affected Public: Businesses or other

for-profit.

Estimated Number of Respondents:

385.

Estimated Time Per Respondent:

varies from 8 hrs–80 hrs.

Estimated Total Annual Burden

Hours: 16,324.

Comments: Comments submitted in

response to this notice will be

summarized and/or included in the

request for Office of Management and

Budget approval. All comments will

become a matter of public record.

Comments are invited on: (a) Whether

the collection of information is

necessary for the proper performance of

the functions of the agency, including

whether the information shall have

practical utility; (b) the accuracy of the

agency’s estimate of the burden of the

collection of information; (c) ways to

enhance the quality, utility, and clarity

of the information to be collected; (d)

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;

and (e) estimates of capital or start-up

costs and costs of operation,

maintenance and purchase of services to

provide information.

Dated: November 19, 1997.

Mitchell A. Levine,

Assistant Commissioner.

[FR Doc. 97–30845 Filed 11–24–97; 8:45 am]

BILLING CODE 4810–35–M

UNITED STATES INFORMATION

AGENCY

Proposed Collection; Comment

Request

AGENCY: United States Information

Agency.

ACTION: Proposed Collection; Comment

Request.

SUMMARY: The United States Information

Agency, as part of its continuing effort

to reduce paperwork and respondent

burden, invites the general public and

other Federal agencies to comment on

an information collection requirement

concerning the public use form entitled

‘‘Application for Administrative and

Teaching Exchanges/Seminars Abroad’’.

This request for comment is being made

pursuant to the Paperwork Reduction

Act of 1995 [Pub. L. 104–13; 44 U.S.C.

3506(c)(2)(A)].

USIA is requesting OMB approval for

a three-year reinstatement to the

Fulbright Teacher Exchange Program,

Application for Teaching Positions/

Seminars Abroad, IAP–92 under OMB

control number 3116–0181 which is

scheduled to expire on February 28,

1998. The information collection

activity involved with this program is

conducted pursuant to the mandate

given to the United States Information

Agency under the terms and conditions

of the Mutual Education and Cultural

Exchange Act of 1961, Pub. L. 87–256.

DATES: Comments are due on or before

January 26, 1998.

COPIES: Copies of the Request for

Clearance (OMB 83–I), supporting

statement, and other documents that

will be submitted to OMB for approval

may obtained from the USIA Clearance

Officer. Comments should be submitted

to the Office of Information and

Regulatory Affairs of OMB, Attention:

Desk Officer for USIA, and also to the

USIA Clearance Officer.

FOR FURTHER INFORMATION CONTACT:

Agency Clearance Officer, Mrs.

Jeannette Giovetti, United States

Information Agency, M/ADD, 301

Fourth Street, S.W., Washington, D.C.

20547, telephone (202) 619–4408,

internet address: JGiovett@USIA.GOV;

and OMB review: Mr. Victoria Wassmer,

Office of Information and Regulatory

Affairs, Office of Management and

Budget, New Executive Office Building,