Federal Register / Vol. 80, No. 71 / Tuesday, April 14, 2015 / Notices 20073 

EX No. Holder/Company 

EX1999030158 ............................... Dyno Nobel North America, (Formerly, The Ensign-Bickford Company). 

EX1999070075 ............................... Mass Systems, Inc. 

EX1999070210 ............................... Advanced Concept Development, Inc. 

EX1999070211 ............................... Advanced Concept Development, Inc. 

EX1999100227 ............................... PyroAlliance. 

EX1999120055 ............................... Dyno Nobel North America, (Formerly, The Ensign-Bickford Company). 

EX2000040106 ............................... Quantic Industries, Inc. 

EX2000080055 ............................... O’Brien Design Associates, Inc. 

EX2000090045 ............................... Titan Completion Products, Ltd. 

EX2000090083 ............................... Rocktek USA Ltd. 

EX2000090124 ............................... Rocktek USA Ltd. 

EX2000120142 ............................... Technical Ordnance, Inc. 

Issued in Washington, DC on April 7, 2015 

under authority delegated in 49 CFR Part 

106. 

Magdy El-Sibaie, 

Associate Administrator for Hazardous 

Materials Safety, Pipeline and Hazardous 

Materials Safety Administration. 

[FR Doc. 2015–08470 Filed 4–13–15; 8:45 am] 

BILLING CODE 4910–60–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Submission for OMB Review; 

Capital Distribution 

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 the 

general public and other Federal 

agencies to take this opportunity to 

comment on a continuing information 

collection, as required by the Paperwork 

Reduction Act of 1995, PRA. 

Under the PRA, Federal agencies are 

required to publish notice in the 

Federal Register concerning each 

proposed collection of information, 

including each proposed extension of an 

existing collection of information and to 

allow 60 days for public comment in 

response to the notice. 

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 renewal of its information 

collection titled, ‘‘Capital Distribution.’’ 

The OCC also is giving notice that it has 

sent the collection to OMB for review. 

DATES: Comments must be received by 

May 14, 2015. 

ADDRESSES: Because paper mail in the 

Washington, DC area and at the OCC is 

subject to delay, commenters are 

encouraged to submit comments by 

email, if possible. Comments may be 

sent to: Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, Attention: 

1557–0310, 400 7th Street SW., Suite 

3E–218, Mail Stop 9W–11, Washington, 

DC 20219. In addition, comments may 

be sent by fax to (571) 465–4326 or by 

electronic mail to regs.comments@

occ.treas.gov. You may personally 

inspect and photocopy comments at the 

OCC, 400 7th Street SW., Washington, 

DC 20219. For security reasons, the OCC 

requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 649–6700. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

All comments received, including 

attachments and other supporting 

materials, are part of the public record 

and subject to public disclosure. Do not 

enclose any information in your 

comment or supporting materials that 

you consider confidential or 

inappropriate for public disclosure. 

Additionally, please send a copy of 

your comments by mail to: OCC Desk 

Officer, 1557–0310, U.S. Office of 

Management and Budget, 725 17th 

Street NW., #10235, Washington, DC 

20503, or by email to: oira submission@

omb.eop.gov. 

FOR FURTHER INFORMATION CONTACT: 

Mary H. Gottlieb, OCC Clearance 

Officer, (202) 649–5490, for persons 

who are deaf or hard of hearing, TTY, 

(202) 649–5597, Legislative and 

Regulatory Activities Division, Office of 

the Comptroller of the Currency, 400 7th 

Street SW., Suite 3E–218, Mail Stop 

9W–11, Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: The OCC 

is requesting renewal of OMB’s approval 

of the following information collection. 

Title of Collection: Capital 

Distribution. 

OMB Control Number: 1557–0310. 

Form Number: 1583. 

Description: Under the OCC’s rules 

governing capital distributions at 12 

CFR part 163, subpart E, a Federal 

savings association (FSA) must file a 

capital distribution application with the 

OCC if: (1) It is not eligible for expedited 

treatment under 12 CFR 116.5; (2) the 

total amount of the its capital 

distributions (including the proposed 

capital distribution) for the applicable 

calendar year exceeds its net income for 

that year to date, plus retained net 

income for the preceding two years; (3) 

it would not be at least adequately 

capitalized, as set forth in 12 CFR 6.4, 

after the capital distribution; or (4) the 

proposed capital distribution would 

violate any applicable statute, 

regulation, or agreement with the OCC 

or the OTS, or violate a condition 

imposed on it in connection with an 

application or notice approved by the 

OCC or the OTS. 12 CFR 163.143(a). 

If an FSA is not required to file a 

capital distribution application, it may 

be required to file a capital distribution 

notice with the OCC if: (1) It would not 

be well capitalized following the capital 

distribution as set forth in 12 CFR 

165.4(b)(1); (2) the proposed capital 

distribution would reduce the amount 

of or retire any part of its common or 

preferred stock, or retire any part of debt 

instruments (such as notes or 

debentures) included in capital under 

12 CFR part 3 or part 167, as applicable, 

(other than regular payments required 

under a debt instrument approved 

under 12 CFR 163.81); or (3) it is a 

subsidiary of a savings and loan holding 

company. 12 CFR 163.143(b). 

If neither an FSA nor its proposed 

capital distribution meet the criteria 

described above, the FSA is not required 

to file an application or notice with the 

OCC. 12 CFR 163.143(c). However, if the 

FSA is required to file a notice with the 


asabaliauskas on DSK5VPTVN1PROD with NOTICES
20074 Federal Register / Vol. 80, No. 71 / Tuesday, April 14, 2015 / Notices 

1 79 FR 75417 (December 18, 2014). 

2 79 FR 11300 (February 28, 2014). 

Board of Governors of the Federal 

Reserve System (FRB) involving a cash 

dividend pursuant to 12 U.S.C. 1467a(f), 

it is required to provide an 

informational copy of the filing to the 

OCC under 12 CFR 163.143(d) at the 

same time the notice is filed with the 

FRB. 

Type of Review: Regular. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

10. 

Estimated Frequency of Response: On 

occasion. 

Estimated Total Burden: 11 hours. 

On January 26, 2015, the OCC issued 

a notice regarding this collection for 60 

days of comment (80 FR 4037). No 

comments were received. Comments 

continue to be solicited on: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

OCC; 

b. The accuracy of OCC’s estimate of 

the burden of the proposed information 

collection; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of the 

information collection on respondents, 

including through the use of 

information technology. 

e. Estimates of capital or start-up costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

Dated: April 8, 2015. 

Mary H. Gottlieb, 

Regulatory Specialist, Legislative and 

Regulatory Activities Division. 

[FR Doc. 2015–08499 Filed 4–13–15; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Comment Request; 

Subordinated Debt 

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 the 

general public and other Federal 

agencies to take this opportunity to 

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 renewal of its information 

collection titled, ‘‘Subordinated Debt.’’ 

DATES: Comments must be submitted on 

or before June 15, 2015. 

ADDRESSES: Because paper mail in the 

Washington, DC area and at the OCC is 

subject to delay, commenters are 

encouraged to submit comments by 

email, if possible. Comments may be 

sent to: Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, Attention: 

1557–0320, 400 7th Street SW., Suite 

3E–218, Mail Stop 9W–11, Washington, 

DC 20219. In addition, comments may 

be sent by fax to (571) 465–4326 or by 

electronic mail to regs.comments@

occ.treas.gov. You may personally 

inspect and photocopy comments at the 

OCC, 400 7th Street SW., Washington, 

DC 20219. For security reasons, the OCC 

requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 649–6700. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and submit to security 

screening in order to inspect and 

photocopy comments. 

All comments received, including 

attachments and other supporting 

materials, are part of the public record 

and subject to public disclosure. Do not 

enclose any information in your 

comment or supporting materials that 

you consider confidential or 

inappropriate for public disclosure. 

FOR FURTHER INFORMATION CONTACT: 

Mary H. Gottlieb, OCC Clearance 

Officer, (202) 649–5490, for persons 

who are deaf or hard of hearing, TTY, 

(202) 649–5597, Legislative and 

Regulatory Activities Division, Office of 

the Comptroller of the Currency, 400 7th 

Street SW., Suite 3E–218, Mail Stop 

9W–11, Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501–3520), Federal 

agencies must obtain approval from 

OMB for each collection of information 

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. Section 3506(c)(2)(A) of 

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

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 proposed 

collection of information set forth in 

this document. 

OMB granted the OCC a six-month 

approval for the information collection 

requirements contained in the interim 

final rule entitled ‘‘Subordinated Debt 

Issued by a National Bank.’’ (December 

2014 Interim Final Rule).1 The OCC 

obtained this approval under existing 

OMB Control No. 1557–0320, which 

contained the information collection 

requirements in the interim final rule 

entitled ‘‘Basel III Conforming 

Amendments Related to CrossReferences, Subordinated Debt and 

Limits Based on Regulatory Capital.’’ 

(February 2014 Interim Final Rule).2

The OCC proposes to extend OMB 

approval of the entire information 

collection for the standard three years. 

Title: Subordinated Debt. 

OMB Control No.: 1557–0320. 

Frequency of Response: On occasion. 

Affected Public: Business or other forprofit. 

Burden Estimates: 

Prepayment of Subordinated Debt in 

Form of Call Option: 184 Respondents; 

1.30 burden hours per respondent; 239 

total burden hours. 

Authority to Limit Distributions: 42 

Respondents; 0.5 hours per respondent; 

21 total burden hours. 

Total Burden: 260 hours. 

Description: The OCC amended its 

rules governing subordinated debt twice 

in 2014. The first set of revisions, 

contained in the February 2014 Interim 

Final Rule, amended the rules 

applicable to both national banks and 

Federal savings associations (12 CFR 

5.47 and 163.81, respectively). The 

second revisions, in the December 2014 

Interim Final Rule, amended only the 

rules application to national banks. 

The February 2014 Interim Final Rule 

revised the requirements of 12 CFR 5.47 

applicable to national banks. 

Specifically, those revisions require that 

all national banks must receive prior 

OCC approval in order to prepay 

subordinated debt that is included in 

tier 2 capital and certain banks must 

receive prior OCC approval to prepay 

subordinated debt that is not included 

in tier 2 capital. If the prepayment is in 

the form of a call option and the 

subordinated debt is included in tier 2 

capital, a national bank must submit the 


asabaliauskas on DSK5VPTVN1PROD with NOTICES