Federal Register / Vol. 74, No. 57 / Thursday, March 26, 2009 / Notices 13311 

Increase of Award Amount: The 

January 22, 2009 NOAA also announced 

that the Fund expects that it will 

provide allocation awards of not more 

than $100 million per applicant. Due to 

the additional allocation authority 

authorized through the Recovery Act, 

this notice announces that the Fund 

now expects that it may provide 

allocation awards of not more than $125 

million per applicant. 

Waiver of QEI Issuance Requirements 

for CY 2008 Allocatees: The January 22, 

2009 NOAA provided information 

regarding QEI issuance requirements for 

prior-year allocatees, including CY 2008 

round allocatees. This notice announces 

that, for the CY 2009 round of the 

NMTC Program, a prior allocatee in the 

sixth round of the NMTC Program (CY 

2008) is not required to issue a 

minimum amount of QEIs relating to its 

CY 2008 NMTC Allocation in order to 

be eligible for an allocation under the 

seventh round (CY 2009). 

Reporting Requirements for CY 2009 

Allocatees Receiving Recovery Act 

Allocations: The January 22, 2009 

NOAA indicated that each applicant 

that is selected to receive a NMTC 

allocation (including the applicant’s 

Subsidiary transferees) must sign a 

Notice of Allocation and enter into an 

Allocation Agreement with the Fund. 

The Notice of Allocation and Allocation 

Agreement will set forth certain 

required terms and conditions of the 

NMTC allocation which will include, 

among other things, reporting 

requirements for all applicants receiving 

NMTC allocations. This notice 

announces that, due to the nature of the 

Recovery Act, it is expected that 

allocatees receiving NMTC allocations 

under the Recovery Act will be 

required, at a minimum, to: (i) Invest 

QEI proceeds in low-income 

communities in an expedited manner; 

(ii) track the use of these QEI proceeds 

on all investments; and (iii) provide 

data to the Federal government on a 

quarterly basis that indicates how QEI 

proceeds were spent and the impacts 

(e.g., job creation) that were realized in 

the low-income communities. Specific 

reporting requirements are still under 

development and will be outlined in 

each allocatee’s Allocation Agreement. 

In the meantime, the Fund encourages 

all allocatees to review the Office of 

Management and Budget’s (OMB’s) 

memorandum (M–09–10; http:// 

www.whitehouse.gov/omb/assets/ 

memoranda_fy2009/m09–10.pdf) 

regarding potential reporting 

requirements for organizations that 

receive awards under the Recovery Act, 

as well as any subsequent guidance 

posted on OMB’s or the Fund’s Web 

site. 

All other information and 

requirements set forth in the January 22, 

2009 NOAA shall remain effective, as 

published. 

For Further Information Contact: The 

Fund will provide programmatic and 

information technology support related 

to the allocation application between 

the hours of 9 a.m. and 5 p.m. ET 

through April 6, 2009. The Fund will 

not respond to phone calls or e-mails 

concerning the application that are 

received after 5 p.m. ET on April 6, 

2009 until after the allocation 

application deadline of April 8, 2009. 

Applications and other information 

regarding the Fund and its programs 

may be obtained from the Fund’s Web 

site at http://www.cdfifund.gov. The 

Fund will post on its Web site responses 

to questions of general applicability 

regarding the NMTC Program. 

A. Information technology support: 

Technical support can be obtained by 

calling (202) 622–2455 or by e-mail at 

ithelpdesk@cdfi.treas.gov. People who 

have visual or mobility impairments 

that prevent them from accessing the 

Low-Income Community maps using the 

Fund’s Web site should call (202) 622– 

2455 for assistance. These are not toll 

free numbers. 

B. Programmatic support: If you have 

any questions about the programmatic 

requirements of this NOAA, contact the 

Fund’s NMTC Program Manager by email at cdfihelp@cdfi.treas.gov, by 

telephone at (202) 622–6355, by 

facsimile at (202) 622–7754, or by mail 

at CDFI Fund, 601 13th Street, NW., 

Suite 200 South, Washington, DC 20005. 

These are not toll free numbers. 

C. Administrative support: If you have 

any questions regarding the 

administrative requirements of this 

NOAA, contact the Fund’s Awards 

Manager by e-mail at 

grantsmanagement@cdfi.treas.gov, by 

telephone at (202) 622–8226, by 

facsimile at (202) 622–6453, or by mail 

at CDFI Fund, 601 13th Street, NW., 

Suite 200 South, Washington, DC 20005. 

These are not toll free numbers. 

D. IRS support: For questions 

regarding the tax aspects of the NMTC 

Program, contact Branch Five, Office of 

the Associate Chief Counsel 

(Passthroughs and Special Industries), 

IRS, by telephone at (202) 622–3040, by 

facsimile at (202) 622–4753, or by mail 

at 1111 Constitution Avenue, NW., Attn: 

CC:PSI:5, Washington, DC 20224. These 

are not toll free numbers. 

E. Legal counsel support: If you have 

any questions or matters that you 

believe require response by the Fund’s 

Office of Legal Counsel, please refer to 

the document titled ‘‘How to Request a 

Legal Review,’’ found on the Fund’s 

Web site at http://www.cdfifund.gov. 

Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 

CFR 1.45D–1; Pub. L. No. 111–5. 

Dated: March 20, 2009. 

Donna Gambrell, 

Director, Community Development Financial 

Institutions Fund. 

[FR Doc. E9–6789 Filed 3–25–09; 8:45 am] 

BILLING CODE 4810–70–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Submission for OMB 

Review; Comment Request 

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. An agency may 

not conduct or sponsor, and a 

respondent is not required to respond 

to, an information collection unless it 

displays a currently valid OMB control 

number. The OCC is soliciting comment 

concerning its information collection 

titled, ‘‘Recordkeeping Requirements for 

Securities Transactions—12 CFR part 

12.’’ The OCC also gives notice that it 

has sent the information collection to 

the Office of Management and Budget 

(OMB) for review. 

DATES: You should submit comments by 

April 27, 2009. 

ADDRESSES: Communications Division, 

Office of the Comptroller of the 

Currency, Mailstop 2–3, Attention: 

1557–0142, 250 E Street, SW., 

Washington, DC 20219. In addition, 

comments may be sent by fax to (202) 

874–5274, or by electronic mail to 

regs.comments@occ.treas.gov. You may 

personally inspect and photocopy 

comments at the OCC, 250 E Street, 

SW., Washington, DC. For security 

reasons, the OCC requires that visitors 

make an appointment to inspect 

comments. You may do so by calling 

(202) 874–4700. 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. 

13312 Federal Register / Vol. 74, No. 57 / Thursday, March 26, 2009 / Notices 

Additionally, you should send a copy 

of your comments to: OCC Desk Officer, 

1557–0142, by mail to U.S. Office of 

Management and Budget, 725, 17th 

Street, NW., #10235, Washington, DC 

20503, or by fax to (202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information or a 

copy of the collection from Mary H. 

Gottlieb, OCC Clearance Officer, (202) 

874–5090, Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, 250 E 

Street, SW., Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: The OCC 

is proposing to extend OMB approval of 

the following information collection: 

Title: Recordkeeping Requirements 

for Securities Transactions—12 CFR 

part 12. 

OMB Number: 1557–0142. 

Description: This submission covers 

an existing regulation and involves no 

change to the regulation or to the 

information collection requirements. 

The only revisions to the submission are 

the revised estimates, which have been 

updated. 

The information collection 

requirements in 12 CFR part 12 are 

required to ensure national bank 

compliance with securities laws and to 

improve the protection afforded persons 

who purchase and sell securities 

through banks. The transaction 

confirmation information provides 

customers with a record regarding each 

transaction and provides banks and the 

OCC with records to ensure compliance 

with banking and securities laws and 

regulations. The OCC uses the required 

information in its examinations to, 

among other things, evaluate a bank’s 

compliance with the antifraud 

provisions of the Federal securities 

laws. 

The information collection 

requirements contained in 12 CFR part 

12 are as follows: 

• Section 12.3 requires a national 

bank effecting securities transactions for 

customers to maintain records for at 

least three years. The records required 

by this section must clearly and 

accurately reflect the information 

required and provide an adequate basis 

for the audit of the information. 

• Section 12.4 requires a national 

bank to give or send to the customer a 

written notification of the transaction or 

a copy of the registered broker/dealer 

confirmation relating to the transaction. 

• Sections 12.5(a), (b), (c), and (e) 

describe notification procedures a 

national bank may use as an alternative 

to complying with § 12.4, to notify 

customers of transactions in which the 

bank does not exercise investment 

discretion, trust transactions, agency 

transactions and certain securities 

transactions for periodic plans. 

• Sections 12.7(a)(1) through (a)(3) 

require a national bank to maintain and 

adhere to policies and procedures that 

assign responsibility for supervision of 

employees who perform securities 

trading functions; provide for the fair 

and equitable allocation of securities 

and prices to accounts; and provide for 

the crossing of buy and sell orders on 

a fair and equitable basis. 

• Section 12.7(a)(4) requires certain 

bank officers and employees involved in 

the securities trading process to report 

to the bank within ten business days 

after the end of the calendar quarter all 

personal transactions in securities made 

by them or on their behalf in which they 

have a beneficial interest. 

• Section 12.8 requires a national 

bank seeking a waiver of one or more of 

the requirements of §§ 12.2 through 12.7 

to file a written request for waiver with 

the OCC. 

Type of Review: Regular. 

Affected Public: Individuals; 

businesses or other for-profit. 

Estimated Number of Respondents: 

497. 

Estimated Total Annual Responses: 

2,501. 

Estimated Frequency of Response: On 

occasion. 

Estimated Total Annual Burden: 

2,711 hours. 

The OCC issued a 60-day notice for 

comment on January 13, 2009. 74 FR 

1762. No comments were received. 

Comments continued to be invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information has 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 on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

Dated: March 20, 2009. 

Michele Meyer, 

Assistant Director, Legislative and Regulatory 

Activities Division. 

[FR Doc. E9–6767 Filed 3–25–09; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

Geriatrics and Gerontology Advisory 

Committee; Notice of Meeting 

The Department of Veterans Affairs 

(VA) gives notice under Public Law 92– 

463 (Federal Advisory Committee Act) 

that a meeting of the Geriatrics and 

Gerontology Advisory Committee will 

be held on April 23–24, 2009, in Room 

530, Department of Veterans Affairs, 810 

Vermont Avenue, NW., Washington, 

DC. On April 23, the session will begin 

at 8:30 a.m. and end at 5 p.m. On April 

24, the session will begin at 8 a.m. and 

end at 12 p.m. This meeting is open to 

the public. 

The purpose of the Committee is to 

provide advice to the Secretary of 

Veterans Affairs and the Under 

Secretary for Health on all matters 

pertaining to geriatrics and gerontology. 

The Committee assesses the capability 

of VA health care facilities and 

programs to meet the medical, 

psychological, and social needs of older 

Veterans and evaluates VA programs 

designated as Geriatric Research, 

Education, and Clinical Centers. 

The meeting will feature 

presentations and discussions on VA’s 

aging research activities, update on the 

VA’s geriatric workforce (to include 

training, recruitment and retention 

approaches), Veterans Health 

Administration (VHA) Geriatric Primary 

Care, VHA strategic planning activities 

in geriatrics and extended care, recent 

VHA efforts regarding dementia and the 

long term care needs of recently 

returning Veterans, program advances in 

Community Living Centers and 

palliative care, and policy guidance and 

performance oversight of the VA 

Geriatric Research, Education, and 

Clinical Centers. 

No time will be allocated at this 

meeting for receiving oral presentations 

from the public. Interested parties 

should provide written comments for 

review by the Committee not less than 

ten days in advance of the meeting to 

Mrs. Marcia Holt-Delaney, Office of 

Geriatrics and Extended Care (114), 

Department of Veterans Affairs, 810 

Vermont Avenue, NW., Washington, DC 

20420. Individuals who wish to attend 

the meeting should contact Mrs. HoltDelaney, Program Analyst, at (202) 461– 

6769. 

Dated: March 23, 2009. 

By direction of the Secretary. 

E. Philip Riggin, 

Committee Management Officer. 

[FR Doc. E9–6802 Filed 3–25–09; 8:45 am] 

BILLING CODE 8320–01–P