89024 Federal Register / Vol. 88, No. 246 / Tuesday, December 26, 2023 / Notices 

delivery should contact Docket Services 

at 202–366–9826 or 202–366–9317 

before delivery to ensure staff is 

available to receive the delivery. 

• Fax: (202) 493–2251. 

All submissions received must 

include the agency name and docket 

number OST–2023–0166. All comments 

received will be posted without change 

to www.regulations.gov, including any 

personal information provided. For 

information on DOT’s compliance with 

the Privacy Act, please visit https://

www.transportation.gov/privacy. 

For access to the docket to read 

background documents or comments 

received, go to www.regulations.gov at 

any time and search for docket number 

OST–2023–0166. 

FOR FURTHER INFORMATION CONTACT: For 

general questions, Holly Ceasar-Fox, 

DOT Office of General Counsel, (202) 

366–7420 or holly.ceasarfox@dot.gov. 

For program questions related to transit, 

John Day, FTA Office of Civil Rights, 

(202) 366–1671 or john.day@dot.gov. 

For legal questions related to transit, 

Bonnie Graves, FTA Office of Chief 

Counsel, (202) 366–0944 or 

bonnie.graves@dot.gov. For questions 

related to intercity or high-speed rail, 

Alana Kuhn, FRA Office of Chief 

Counsel, (202) 493–0842 or 

alana.kuhn@dot.gov. 

SUPPLEMENTARY INFORMATION: On 

November 6, 2023, the Department of 

Transportation (Department) published 

a request for information (RFI) in the 

Federal Register seeking input from the 

public on whether to propose 

amendments to the Department’s 

standards for transportation facilities 

under its regulations implementing the 

transportation provisions of the 

Americans with Disabilities Act of 1990 

(ADA) to improve accessibility and 

equity for persons with disabilities. (88 

FR 76272) 

The Department proposed a series of 

questions to guide public input to areas 

of interest to the Department, and 

invited comment on means to improve 

other aspects of the existing standards 

for buildings and facilities. 

Since the publication of the RFI, 

commenters have requested that the 

Department extend the comment period 

given the complexity of the issues for 

which comment is being sought. The 

American Public Transportation 

Association (APTA) requested an 

extension of 30 days. The National 

Railroad Passenger Corporation 

(Amtrak) requested an extension of 45 

days. 

The Department has reviewed the 

requests for extension of the comment 

period, and by this notice extends the 

comment period for the RFI from 

January 5, 2024, to February 20, 2024. 

The Department believes that granting 

this extension of the original comment 

period is sufficient to allow 

stakeholders to conduct a thorough and 

careful consideration of the request for 

information and prepare comments. 

All interested parties are encouraged 

to provide input in response to the RFI. 

Submissions are strictly voluntary. 

Individuals or entities providing 

comments should state their role as well 

as knowledge of and experience with 

the ADA in a transportation 

environment. DOT may request 

additional clarifying information from 

any or all respondents. If a respondent 

does not wish to be contacted by DOT 

for additional information, a statement 

to that effect should be included in the 

response. All information submitted 

should be unclassified and should not 

contain proprietary information, as it 

will be posted to www.regulations.gov 

without changes. 

DOT is not obligated to officially 

respond to the information received, but 

the responses will assist DOT in its 

consideration of whether to revise the 

ADA standards for transportation 

buildings and facilities. 

Comments may be submitted and 

viewed at Docket No. DOT–OST–2023– 

0166 at https://www.regulations.gov. 

Signed pursuant to authority 

delegated at 49 CFR 1.27(a) on 

December 19, 2023. 

Subash S. Iyer, 

Acting General Counsel, Department of 

Transportation. 

[FR Doc. 2023–28332 Filed 12–22–23; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Submission for OMB Review; 

Mandatory Contractual Stay 

Requirements for Qualified Financial 

Contracts 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites 

comment on a continuing information 

collection as required by the Paperwork 

Reduction Act of 1995 (PRA). In 

accordance with the requirements of the 

PRA, the OCC may not conduct or 

sponsor, and the respondent is not 

required to respond to, an information 

collection unless it displays a currently 

valid Office of Management and Budget 

(OMB) control number. The OCC is 

soliciting comment concerning the 

renewal of its information collection 

titled, ‘‘Mandatory Contractual Stay 

Requirements for Qualified Financial 

Contracts.’’ The OCC also is giving 

notice that it has sent the collection to 

OMB for review. 

DATES: Comments must be received by 

January 25, 2024. 

ADDRESSES: Commenters are encouraged 

to submit comments by email, if 

possible. You may submit comments by 

any of the following methods: 

• Email: prainfo@occ.treas.gov. 

• Mail: Chief Counsel’s Office, 

Attention: Comment Processing, Office 

of the Comptroller of the Currency, 

Attention: 1557–0339, 400 7th Street 

SW, Suite 3E–218, Washington, DC 

20219. 

• Hand Delivery/Courier: 400 7th 

Street SW, Suite 3E–218, Washington, 

DC 20219. 

• Fax: (571) 293–4835. 

Instructions: You must include 

‘‘OCC’’ as the agency name and ‘‘1557– 

0339’’ in your comment. In general, the 

OCC will publish comments on 

www.reginfo.gov without change, 

including any business or personal 

information provided, such as name and 

address information, email addresses, or 

phone numbers. Comments received, 

including attachments and other 

supporting materials, are part of the 

public record and subject to public 

disclosure. Do not include any 

information in your comment or 

supporting materials that you consider 

confidential or inappropriate for public 

disclosure. 

Written comments and 

recommendations for the proposed 

information collection should also be 

sent within 30 days of publication of 

this notice to www.reginfo.gov/public/ 

do/PRAMain. You can find this 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

You may review comments and other 

related materials that pertain to this 

information collection following the 

close of the 30-day comment period for 

this notice by the method set forth in 

the next bullet. 

• Viewing Comments Electronically: 

Go to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ tab 

and click on ‘‘Information Collection 

Review’’ from the drop-down menu. 

From the ‘‘Currently under Review’’ 


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Federal Register / Vol. 88, No. 246 / Tuesday, December 26, 2023 / Notices 89025 

drop-down menu, select ‘‘Department of 

Treasury’’ and then click ‘‘submit.’’ This 

information collection can be located by 

searching OMB control number ‘‘1557– 

0339’’ or ‘‘Mandatory Contractual Stay 

Requirements for Qualified Financial 

Contracts.’’ Upon finding the 

appropriate information collection, click 

on the related ‘‘ICR Reference Number.’’ 

On the next screen, select ‘‘View 

Supporting Statement and Other 

Documents’’ and then click on the link 

to any comment listed at the bottom of 

the screen. 

• For assistance in navigating 

www.reginfo.gov, please contact the 

Regulatory Information Service Center 

at (202) 482–7340. 

FOR FURTHER INFORMATION CONTACT: 

Shaquita Merritt, Clearance Officer, 

(202) 649–5490, Chief Counsel’s Office, 

Office of the Comptroller of the 

Currency, 400 7th Street SW, 

Washington, DC 20219. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501 et seq.), Federal 

agencies must obtain approval from the 

OMB for each collection of information 

that they conduct or sponsor. 

‘‘Collection of information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c) to include agency requests or 

requirements that members of the public 

submit reports, keep records, or provide 

information to a third party. The OCC 

asks that OMB extend its approval of the 

collection in this notice. 

Title: Mandatory Contractual Stay 

Requirements for Qualified Financial 

Contracts. 

OMB Control No.: 1557–0339. 

Type of Review: Regular. 

Frequency of Response: On occasion. 

Affected Public: A national bank or 

Federal savings association (FSA) (or 

any subsidiary of either) that is a 

subsidiary of a global systemically 

important bank holding company that 

has been designated pursuant to the 

Federal Reserve Board’s Regulation YY, 

12 CFR 252.82; a national bank or FSA 

(or any subsidiary of either) that is a 

subsidiary of a global systemically 

important foreign banking organization 

designated pursuant to the Federal 

Reserve Board’s Regulation YY, 12 CFR 

252.87; a Federal branch or agency (or 

any U.S. subsidiary of a Federal branch 

or agency) of a global systemically 

important foreign banking organization 

designated pursuant to 12 CFR 252.87 of 

the Federal Reserve Board’s Regulation 

YY; and any national bank or FSA that 

is not under a bank holding company 

and that has more than $700 billion in 

total assets as reported on its most 

recent Consolidated Reports of 

Condition and Income (Call Report). 

Abstract: Under 12 CFR part 47, a 

covered bank is required to ensure that 

a covered qualified financial contract 

(QFC)—(1) contains a contractual stayand-transfer provision analogous to the 

statutory stay-and-transfer provision 

imposed under Title II of the DoddFrank Wall Street Reform and Consumer 

Protection Act (see 12 U.S.C. 5390(c)(9)– 

(10)) and in the Federal Deposit 

Insurance Act (see 12 U.S.C. 1821(e)(8)– 

(10)) and (2) limits the exercise of 

default rights based on the insolvency of 

an affiliate of the covered bank. A 

covered bank is defined in 12 CFR 

47.3(b) as: 

• A national bank or FSA that has 

more than $700 billion in total assets as 

reported on the national bank’s or FSA’s 

most recent Call Report; 

• A national bank or FSA that is a 

subsidiary of a global systemically 

important bank holding company that 

has been designated pursuant to 

§ 252.82 of this title (Federal Reserve 

Board Regulation YY) (12 CFR 252.82); 

• A national bank or FSA that is a 

subsidiary of a global systemically 

important foreign banking organization 

that has been designated pursuant to 

§ 252.87 of this title (Federal Reserve 

Board Regulation YY) (12 CFR 252.87); 

• A Federal branch or agency, as 

defined in subpart B of this chapter 

(governing Federal branches and 

agencies), of a global systemically 

important foreign banking organization 

that has been designated pursuant to 

§ 252.87 of this title (Federal Reserve 

Board Regulation YY) (12 CFR 252.87); 

or 

• A subsidiary of a covered bank, 

except, as defined in 12 CFR 47.3(b)(3): 

Æ Subsidiaries held in satisfaction of 

debt previously contracted in good faith, 

Æ Portfolio companies held under the 

Small Business Investment Act of 1956, 

and 

Æ Certain companies engaged in the 

business of making public welfare 

investments. 

The requirements are intended to 

enhance the resilience and the safety 

and soundness of Federally chartered 

and licensed financial institutions by 

addressing concerns relating to the 

exercise of default rights of certain 

financial contracts that could interfere 

with the orderly resolution of certain 

systemically important financial firms. 

Covered banks may comply either by 

amending the contractual provisions of 

their QFCs consistent with the 

requirements of §§ 47.4 and 47.5 within 

a specified period of time or by adhering 

to the International Swaps and 

Derivatives Association 2015 Universal 

Resolution Stay Protocol or U.S. 

Protocol (ISDA Protocols). Alternatively, 

12 CFR 47.6(b)(1) provides that a 

covered bank may request that the OCC 

approve as compliant with the 

requirements of §§ 47.4 and 47.5 

provisions of one or more forms of 

covered QFCs, or amendments to one or 

more forms of covered QFCs, with 

enhanced creditor protection 

conditions. 

In order for the OCC to evaluate a 

covered bank’s request, 12 CFR 

47.6(b)(3) requires that the request 

include (1) an analysis of the proposal 

that addresses a range of factors laid out 

in § 47.6(d) that are intended to 

facilitate the OCC’s consideration of 

whether the proposal would be 

consistent with the restrictions and the 

main objectives of the rule; (2) a written 

legal opinion verifying that the covered 

bank’s proposed provisions or 

amendments would be valid and 

enforceable under applicable laws of the 

relevant jurisdictions, including, in the 

case of proposed amendments, the 

validity and enforceability of the 

proposal to amend the covered QFCs; 

and (3) any additional information 

relevant to the OCC’s approval that the 

OCC requests. The OCC will then use 

the information collected to determine 

whether the covered bank’s proposed 

alternative creditor protection 

conditions comply with the 

requirements of the rule and achieve its 

policy goals. 

Estimated Burden: 

Number of Respondents: 44. 

Estimated Burden per Respondent: 

140 hours. 

Total Estimated Annual Burden: 

6,160 hours. 

Comments: On June 28, 2023, the 

OCC published a 60-day notice for this 

information collection (88 FR 42002). 

No comments were received. Comments 

continue to be invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’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 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, 


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89026 Federal Register / Vol. 88, No. 246 / Tuesday, December 26, 2023 / Notices 

maintenance, and purchase of services 

to provide information. 

Patrick T. Tierney, 

Assistant Director, Bank Advisory, Office of 

the Comptroller of the Currency. 

[FR Doc. 2023–28373 Filed 12–22–23; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Revision of an Approved 

Information Collection; Comment 

Request; Bank Activities and 

Operations; Investment in Bank 

Premises 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites 

comment on a continuing information 

collection as required by the Paperwork 

Reduction Act of 1995 (PRA). In 

accordance with the requirements of the 

PRA, the OCC may not conduct or 

sponsor, and the respondent is not 

required to respond to, an information 

collection unless it displays a currently 

valid Office of Management and Budget 

(OMB) control number. The OCC is 

soliciting comment concerning a 

revision to its information collection 

titled, ‘‘Bank Activities and Operations; 

Investment in Bank Premises.’’ 

DATES: Comments must be received by 

February 26, 2024. 

ADDRESSES: Commenters are encouraged 

to submit comments by email, if 

possible. You may submit comments by 

any of the following methods: 

• Email: prainfo@occ.treas.gov. 

• Mail: Chief Counsel’s Office, 

Attention: Comment Processing, Office 

of the Comptroller of the Currency, 

Attention: 1557–0204, 400 7th Street 

SW, Suite 3E–218, Washington, DC 

20219. 

• Hand Delivery/Courier: 400 7th 

Street SW, Suite 3E–218, Washington, 

DC 20219. 

• Fax: (571) 293–4835. 

Instructions: You must include 

‘‘OCC’’ as the agency name and ‘‘1557– 

0204’’ in your comment. In general, the 

OCC will publish comments on 

www.reginfo.gov without change, 

including any business or personal 

information provided, such as name and 

address information, email addresses, or 

phone numbers. Comments received, 

including attachments and other 

supporting materials, are part of the 

public record and subject to public 

disclosure. Do not include any 

information in your comment or 

supporting materials that you consider 

confidential or inappropriate for public 

disclosure. 

You may review comments and other 

related materials that pertain to this 

information collection beginning on the 

date of publication of the second notice 

for this collection by the method set 

forth in the next bullet. Following the 

close of this notice’s 60-day comment 

period, the OCC will publish a second 

notice with a 30-day comment period. 

• Viewing Comments Electronically: 

Go to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ dropdown menu. Click on ‘‘Information 

Collection Review.’’ From the 

‘‘Currently under Review’’ drop-down 

menu, select ‘‘Department of Treasury’’ 

and then click ‘‘submit.’’ This 

information collection can be located by 

searching OMB control number ‘‘1557– 

0204’’ or ‘‘Bank Activities and 

Operations; Investment in Bank 

Premises.’’ Upon finding the 

appropriate information collection, click 

on the related ‘‘ICR Reference Number.’’ 

On the next screen, select ‘‘View 

Supporting Statement and Other 

Documents’’ and then click on the link 

to any comment listed at the bottom of 

the screen. 

• For assistance in navigating 

www.reginfo.gov, please contact the 

Regulatory Information Service Center 

at (202) 482–7340. 

FOR FURTHER INFORMATION CONTACT: 

Shaquita Merritt, Clearance Officer, 

(202) 649–5490, Chief Counsel’s Office, 

Office of the Comptroller of the 

Currency, 400 7th Street SW, 

Washington, DC 20219. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501–3520), Federal 

agencies must obtain approval from 

OMB for each collection of information 

that they conduct or sponsor. 

‘‘Collection of information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c) to include agency requests or 

requirements that members of the public 

submit reports, keep records, and/or 

provide information to a third party. 

Section 3506(c)(2)(A) of title 44 requires 

Federal agencies to provide a 60-day 

notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

extension of an existing collection of 

information, before submitting the 

collection to OMB for approval. To 

comply with this requirement, the OCC 

is publishing notice of the renewal of 

this collection. 

Title: Bank Activities and Operations; 

Investment in Bank Premises. 

OMB Control No.: 1557–0204. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Businesses or other 

for-profit. 

Estimated Frequency of Response: On 

occasion; Quarterly. 

Description: The information 

collection requirements ensure that 

institutions conduct their operations in 

a safe and sound manner and in 

accordance with applicable Federal 

banking law and regulations. The 

collections of information provide 

needed information for examiners and 

offer protections for institutions. The 

collections are necessary for regulatory 

and examination purposes and for 

national banks to ensure their 

compliance with Federal law and 

regulations. 

The information collection 

requirements are as follows: 

• Investment in national bank or 

Federal savings association premises— 

A national bank or Federal savings 

association may invest in banking 

premises and other premises-related 

investments, loans, or indebtedness by 

filing an application for prior approval 

whenever its investment in bank 

premises will cause it to exceed its 

capital stock. The application must 

describe the present and proposed 

investment and the business reason for 

exceeding the limit. A bank with a 

composite 1 or 2 CAMELS rating 

entering a transaction that increases its 

aggregate bank premises investment to 

not more than 150 percent of its capital 

and surplus may proceed without prior 

OCC approval but must provide an afterthe-fact notice. 12 CFR 5.37. 

• Sale of money orders at nonbanking 

outlets—A national bank may designate 

bonded agents to sell the bank’s money 

orders at nonbanking outlets. The 

responsibility of both the bank and its 

agent should be defined in a written 

agreement setting forth the duties of 

both parties and providing for 

remuneration of the agent. 12 CFR 

7.1014. 

• Tax equity finance transactions— 

Written requests are required for waiver 

to participate in a renewable energy tax 

equity finance transaction exceeding the 

aggregate investment limit. Prior written 

notification to OCC is required for each 

renewable energy tax equity finance 

transaction. 12 CFR 7.1025. 

• Payment systems—Thirty (30) days 

advance written notice is required 

before joining a payment system that 


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