Federal Register / Vol. 87, No. 11 / Tuesday, January 18, 2022 / Notices 2665 

before an agency submits a proposed 

collection of information to OMB for 

approval, it must first publish a 

document in the Federal Register 

providing a 60-day comment period and 

otherwise consult with members of the 

public and affected agencies concerning 

each proposed collection of information. 

The OMB has promulgated regulations 

describing what must be included in 

such a document. Under OMB’s 

regulation, see 5 CFR 1320.8(d), an 

agency must ask for public comment on 

the following: 

(i) Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(ii) the accuracy of the agency’s 

estimate of the burden of the proposed 

collection of information, including the 

validity of the methodology and 

assumptions used; 

(iii) how to enhance the quality, 

utility, and clarity of the information to 

be collected; and 

(iv) how to minimize the burden of 

the collection of information on those 

who are to respond, including the use 

of appropriate automated, electronic, 

mechanical, or other technological 

collection techniques or other forms of 

information technology, e.g. permitting 

electronic submission of responses. 

In compliance with these 

requirements, NHTSA asks for public 

comments on the following collection of 

information: 

Title: Petitions for Hearings on 

Notification and Remedy of Defects. 

Type of Request: Extension of a 

currently approved information 

collection. 

OMB Control Number: 2127–0039. 

Affected Public: Businesses or others 

for profit. 

Abstract: Sections 30118(e) and 

30120(e) of Title 49 of the United States 

Code specify that any interested person 

may petition NHTSA to hold a hearing 

to determine whether a manufacturer of 

motor vehicles or motor vehicle 

equipment has met its obligation to 

notify owners, purchasers, and dealers 

of vehicles or equipment of a safetyrelated defect or noncompliance with a 

Federal motor vehicle safety standard in 

the manufacturer’s products and to 

remedy that defect or noncompliance. 

To implement these statutory 

provisions, NHTSA promulgated 49 

CFR part 557, Petitions for Hearings on 

Notification and Remedy of Defects. Part 

577 establishes procedures providing 

the submission and disposition of 

petitions for hearings on the issues of 

whether the manufacturer has met its 

obligation to notify owners, purchasers, 

and dealers of safety-related defects or 

noncompliance, or to remedy such 

defect or noncompliance free of charge. 

Estimated annual burden: During 

NHTSA’s last renewal of this 

information collection, the agency 

estimated it would receive one petition 

a year, with an estimated one hour of 

preparation for each petition, for a total 

of one burden hour per year. That 

estimate remains unchanged with this 

notice. 

Number of respondents: 1. 

Stephen Ridella, 

Director, Office of Defects Investigation, 

NHTSA. 

[FR Doc. 2022–00830 Filed 1–14–22; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities; Information Collection 

Renewal; Comment Request; Leasing 

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 respondents are 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, ‘‘Leasing.’’ 

DATES: Comments must be received by 

March 21, 2022. 

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: 1557–0206, 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) 465–4326. 

Instructions: You must include 

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

0206’’ 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’’ tab 

and click on ‘‘Information Collection 

Review’’ dropdown. Underneath the 

‘‘Currently under Review’’ section 

heading, from the drop-down menu 

select ‘‘Department of Treasury’’ and 

then click ‘‘submit.’’ This information 

collection can be located by searching 

by OMB control number ‘‘1557–0206’’ 

or ‘‘Leasing.’’ 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. 

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 

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 

title 44 generally requires Federal 


khammond on DSKJM1Z7X2PROD with NOTICES
2666 Federal Register / Vol. 87, No. 11 / Tuesday, January 18, 2022 / Notices 

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 collection of information 

set forth in this document. 

Title: Leasing. 

OMB Control No.: 1557–0206. 

Description: Under 12 CFR 23.4(c), 

national banks must liquidate or re-lease 

property that is no longer subject to 

lease (off-lease property) as soon as 

practicable and not later than five years 

from the date the national bank acquires 

the legal right to possess or control the 

property. If a national bank wishes to 

extend the five-year holding period for 

up to an additional five years, it must 

obtain OCC approval. Twelve CFR 

23.4(c) requires a national bank seeking 

an extension to provide a clearly 

convincing demonstration as to why any 

additional holding period is necessary. 

In addition, a national bank must value 

off-lease property at the lower of current 

fair market value or book value 

promptly after the property becomes offlease property. 

Under 12 CFR 23.6, leases are subject 

to the lending limits prescribed by 12 

U.S.C. 84, as implemented by 12 CFR 

part 32, or, if the lessee is an affiliate of 

the national bank, to the restrictions on 

transactions with affiliates prescribed by 

12 U.S.C. 371c and 371c–1 and 

Regulation W, 12 CFR part 223. The 

OCC may also determine that other 

limits or restrictions apply. 

Twelve U.S.C. 24 contains two 

separate provisions authorizing a 

national bank to acquire personal 

property for purposes of lease financing. 

A national bank may invest in personal 

property for purposes of lease financing 

under 12 U.S.C. 24(Seventh) (Section 

24(Seventh) Leases) if the lease is a 

conforming lease, as defined in 12 CFR 

23.2(d)(2), representing a noncancelable 

obligation of the lessee (i.e., the lease 

serves as the functional equivalent of a 

loan). See, 12 CFR 23.20. A national 

bank also may invest in tangible 

personal property for purposes of lease 

financing under the authority of 12 

U.S.C. 24(Tenth) (CEBA Leases) if the 

related lease is a conforming lease as 

defined in 12 CFR 23.2(d)(1), which 

requires, among other things, that the 

aggregate book value of the property not 

exceed 10 percent of the national bank’s 

consolidated assets. See, 12 CFR 23.10. 

Type of Review: Regular. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

29. 

Frequency of Response: On occasion. 

Estimated Total Annual Burden: 290. 

Comments submitted in response to 

this notice will be summarized and 

included in the submission to OMB. 

Comments are requested on: 

(a) Whether the information collection 

is necessary for the proper performance 

of the OCC’s functions, including 

whether the information has practical 

utility; 

(b) The accuracy of the OCC’s 

estimate of the burden of the 

information collection, including the 

validity of the methodology and 

assumptions used; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

information 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, 

maintenance, and purchase of services 

to provide information. 

Patrick T. Tierney, 

Assistant Director, Bank Advisory, Office of 

the Comptroller of the Currency. 

[FR Doc. 2022–00838 Filed 1–14–22; 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; Submission for OMB Review; 

Libor Self-Assessment 

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 the renewal of an 

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 a collection of 

information titled, ‘‘Libor SelfAssessment.’’ The OCC also is giving 

notice that it has sent the collection to 

OMB for review. 

DATES: Comments must be submitted on 

or before February 17, 2022. 

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, 1557– 

0349, Office of the Comptroller of the 

Currency, 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) 465–4326. 

Instructions: You must include 

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

0349’’ 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. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

On October 22, 2021, the OCC 

published a 60-day notice for this 

information collection, 86 FR 58723. 

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’’ dropdown. Underneath the 

‘‘Currently under Review’’ section 

heading, from the drop-down menu 

select ‘‘Department of Treasury’’ and 

then click ‘‘submit.’’ This information 

collection can be located by searching 

by OMB control number ‘‘1557–0349’’ 

or ‘‘Libor Self-Assessment.’’ Upon 

finding the appropriate information 


khammond on DSKJM1Z7X2PROD with NOTICES