[Federal Register Volume 74, Number 59 (Monday, March 30, 2009)]
[Notices]
[Page 14187]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-6860]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Financial Management Service; Proposed Collection of Information: 
Resolution Authorizing Execution of Depositary, Financial Agency, and 
Collateral Agreement; and Depositary, Financial Agency, and Collateral 
Agreement

AGENCY: Financial Management Service, Fiscal Service, Treasury.

ACTION: Notice and Request for comments.

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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 forms Resolution 
Authorizing Execution of Depositary, Financial Agency, FMS 5902 and 
Collateral Agreement; and Depositary, Financial Agency, and Collateral 
Agreement, FMS 5903.

DATES: Written comments should be received on or before May 29, 2009.

ADDRESSES: Direct all written comments to Financial Management Service, 
3700 East West Highway, Records and Information Management Program 
Staff, Room 135, Hyattsville, Maryland 20782.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form(s) and instructions should be directed to Mary 
Bailey, Bank Policy and Oversight Division, 401 14th Street, SW., Room 
317, Washington, DC 20227, (202) 874-7055.

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: Resolution Authorizing Execution of Depositary, Financial 
Agency, and Collateral Agreement; and Depositary, Financial Agency, and 
Collateral Agreement.
    OMB Number: 1510-0067.
    Form Number: EMS 5902; FMS 5903.
    Abstract: These forms are used to give authority to financial 
institutions to become a depositary of the Federal Government. They 
also execute an agreement from the financial institutions that they are 
authorized to pledge collateral to secure public funds with Federal 
Reserve Banks or their designees.
    Current Actions: Extension of currently approved collection.
    Type of Review: Regular.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 15 (2 forms each).
    Estimated Time Per Respondent: 30 minutes (15 minutes each form).
    Estimated Total Annual Burden Hours: 7.
    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: March 19, 2009.
Sheryl R. Morrow,
Assistant Commissioner, Federal Finance.
 [FR Doc. E9-6860 Filed 3-27-09; 8:45 am]
BILLING CODE 4810-35-M