106606 Federal Register / Vol. 89, No. 249 / Monday, December 30, 2024 / Notices 

One commenter was concerned that 

the reporting of the maturity 

distribution of uninsured shares 

contradicted NCUA regulations 

§ 745.200(c), which states that insurance 

coverage will be prorated among the 

member’s interest in all accounts. The 

maturity distribution information 

reported on the Form 5300, Call Report 

will not be used to determine share 

insurance coverage and will be used to 

monitor uninsured share behavior. 

Shares will be evaluated by NCUA to 

determine insurance coverage only 

when a credit union fails. 

One commenter stated the reason 

NCUA provided for adding these 

accounts was not sufficient. Regulators 

and industry analysts cite uninsured 

deposit runoff as a contributing factor in 

postmortem assessments of the 2023 

banking failures. Uninsured deposits are 

not as important to the funding mix for 

credit unions as they are for banks; 

however, the amount of uninsured 

shares has been increasing in the credit 

union system. Trends in uninsured 

depositor behavior can signal emerging 

risks to credit union system stability 

and the share insurance fund. 

The NCUA already collects total 

uninsured deposit information on the 

Form 5300, Call Report. The maturity 

distribution will enable a more 

complete assessment of depositor 

behavior at the system and individual 

institution levels. 

Four commenters were also 

concerned that the core processor would 

not be able to implement these changes 

in time to accurately report for the 

March 2025 quarter. While the NCUA 

continues to believe the information 

obtained will be useful for evaluating 

depositor behavior and the movement 

between uninsured non-maturity shares 

and share certificates, the need for 

additional time to develop adequate 

reporting systems is understandable. To 

provide time for credit unions to work 

with their core processors, the NCUA 

will not require credit unions to report 

the maturity distribution of uninsured 

shares in March 2025. 

Other Comments Received 

The NCUA also received comments 

related to the added burden on credit 

unions, the requirement to add negative 

share accounts to loans, and a 

Community Development Financial 

Institution (CDFI) designator. 

Burden 

Seven commenters were concerned 

with the increase in burden. Before the 

NCUA proposes adding items to the 

Form 5300, Call Report, it weighs the 

burden on credit unions against the 

benefit of the information. The NCUA 

feels the modest increase in burden is 

justified to protect the Share Insurance 

Fund and facilitate offsite development 

of an examination scope. While the 

NCUA understands these concerns, the 

agency does not expect these revisions 

will result in a material increase in 

reporting burden. 

Negative Shares Added to Loans 

One commenter wanted to eliminate 

the requirement to add negative shares 

to unsecured loans and to shares. The 

NCUA cannot eliminate this 

requirement because it is a requirement 

of generally accepted accounting 

principles. 

Community Development Financial 

Institution Designator 

One commenter suggested that the 

NCUA add a designator for credit 

unions to self-report as a CDFI. CDFI is 

a designation given by the CDFI Fund to 

financial institutions that provide 

financial services in low-income 

communities and to people who lack 

access to financing. The NCUA does not 

give CDFI designations, therefore the 

agency does not maintain a database of 

CDFI credit unions. Interested parties 

may obtain a list of CDFI credit unions 

at the CDFI Fund website—(https://

www.cdfifund.gov/programs-training/ 

certification/cdfi). 

The NCUA will consider adding a 

checkbox for credit unions to 

voluntarily disclose their CDFI 

designation on a future Form 4501A, 

Profile. If the NCUA adds a CDFI 

designator, the Form 4501A, Profile 

would be the appropriate form because 

the designation, once reported, would 

not need to be changed every quarter. 

Affected Public: Private Sector: Notfor-profit institutions. 

Estimated Number of Respondents: 

4,499. 

Estimated Number of Responses per 

Respondent: 4. 

Estimated Total Annual Responses: 

17,996. 

Estimated Hours per Response: 4. 

Estimated Total Annual Burden 

Hours: 71,984. 

Reason for Change: Burden decreased 

due to a decrease in the number of 

respondents. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and included in the 

request for Office of Management and 

Budget approval. All comments will 

become a matter of public record. The 

public is invited to submit comments 

concerning: (a) whether the collection of 

information is necessary for the proper 

performance of the function of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collection of 

information, including the validity of 

the methodology and assumptions used; 

(c) ways to enhance the quality, utility, 

and clarity of the information to be 

collected; and (d) ways to minimize the 

burden of the collection of the 

information on the respondents, 

including the use of automated 

collection techniques or other forms of 

information technology. 

By the National Credit Union 

Administration Board. 

Melane Conyers-Ausbrooks, 

Secretary of the Board. 

[FR Doc. 2024–31250 Filed 12–27–24; 8:45 am] 

BILLING CODE 7535–01–P 

NATIONAL FOUNDATION ON THE 

ARTS AND THE HUMANITIES 

National Endowment for the Arts 

Tribal Consultation 

AGENCY: National Endowment for the 

Arts. 

ACTION: Request for comments. 

SUMMARY: In accordance with the 

National Endowment for the Arts (NEA) 

tribal consultation policy, the NEA 

solicits written comments from federally 

recognized tribes. 

DATES: Written comments for the 

FY2025 Tribal Consultation will be 

solicited for a 60-day window or until 

March 6, 2025. Comments must be 

submitted to the office listed in the 

address section below on or before the 

close of business on March 6, 2025. 

Comments received after that date will 

be considered to the extent practicable. 

A summary report of the written 

comments, NEA responses, 

recommendations, and items identified 

for follow-up or additional action will 

be drafted and distributed via the 

Federal Register no later than 30 days 

after the closing of the comment period. 

Following dissemination of the draft 

summary, the record will remain open 

for 21 days to allow tribes to submit 

written testimony or additional 

comments before the report is finalized 

and published on the NEA website. 

ADDRESSES: Please send comments to 

Native Arts Working Group, National 

Endowment for the Arts, via email at 

NativeArts@arts.gov. 

SUPPLEMENTARY INFORMATION: Through 

this Request for Comments, the NEA is 

seeking input and comments from 

elected or appointed tribal leaders and 


ddrumheller on DSK120RN23PROD with NOTICES1
Federal Register / Vol. 89, No. 249 / Monday, December 30, 2024 / Notices 106607 

1 28 U.S.C. 2461 note. 

officials or their authorized 

representatives. This Request for 

Comments also will be posted to the 

agency’s website. 

Subject issues for consultation and 

related questions are listed below. 

1. NEA Resources 

The NEA, established by Congress in 

1965, is an independent federal agency 

that is the largest funder of the arts and 

arts education in communities 

nationwide and a catalyst of public and 

private support for the arts. By 

advancing equitable opportunities for 

arts participation and practice, the NEA 

aims to foster and sustain an 

environment in which the arts benefit 

everyone in the United States. This is 

accomplished primarily by providing 

resources to support the creative lives of 

all communities in the United States. 

Grants are awarded for specific 

projects to 501(c)(3) nonprofit 

organizations, federally recognized 

tribes, or units of state or local 

government. Individual makers, artists, 

and culture bearers are recognized and 

supported through programs such as the 

NEA National Heritage Fellowships, 

NEA Jazz Masters Fellowships, and 

Creative Writing Fellowships. Forty 

percent of the NEA’s program budget is 

granted to State Arts Agencies and 

Regional Arts Organizations, which 

make subgrants to support additional 

arts activities across the nation. 

i. What is your awareness of our 

agency’s efforts in your community and 

nationally? 

ii. Have NEA resources affected your 

tribal community? If so, how? 

iii. To what extent do you see the arts 

and cultural activities of your tribal 

community reflected in the resources 

we offer? 

iv. The review criteria for our primary 

grant program, Grants for Arts Projects, 

includes artistic excellence, which is 

defined as ‘‘The quality of the artists 

and other key individuals, creative 

process, works of art, organizations, arts 

education providers, artistic partners, 

and/or services involved in the project 

and their relevance to the audience or 

communities the project aims to serve.’’ 

Does this definition of artistic 

excellence resonate with the artistic and 

cultural activities of your tribal 

community? How could this criteria 

better assess the creative projects of 

applicants from your community? 

2. Executive Order 14112 

The NEA is committed to adhering to 

the provisions outlined in E.O. 14112: 

Reforming Federal Funding and Support 

for Tribal Nations To Better Embrace 

Our Trust Responsibilities and Promote 

the Next Era of Tribal SelfDetermination, dated December 11, 

2023. The NEA has made progress on 

those commitments as outlined in our 

Equity Action Plan, outreach to Native 

communities to participate in our 

Grants for Arts Projects grant 

opportunities, and our overall tribal 

consultation approach. As we continue 

to improve our outreach to Native 

communities, we will provide updates 

on changes that are implemented to 

better serve Native constituents. The 

NEA is in the process of recruiting a 

new NEA Director of Native Arts & 

Tribal Affairs to lead agency efforts to 

better reach and serve the tribal 

communities. 

i. How can the NEA best prioritize its 

support for tribal sovereignty and selfgovernance? 

ii. How can NEA programs provide 

your community with the flexibility to 

improve its economic growth and 

address your community’s specific 

needs? 

iii. What funding and programmatic 

needs do you have? 

3. Tribal Engagement 

In recent years, the NEA has made 

grants to tribal governments and Tribal 

Colleges & Universities (TCUs). We also 

have recognized Indigenous artists with 

NEA National Heritage Fellowships. 

These direct grants to tribes, tribal 

citizens, and TCUs are in addition to the 

grants we make to Native-serving 

nonprofits. 

i. How can the NEA expand on this 

engagement with tribes and increase 

awareness of these opportunities? 

ii. If the NEA has the resources to 

send staff representatives to in-person 

events (e.g. national conferences and 

regional convenings of importance to 

tribal communities), where would our 

participation be most effective? Can you 

provide a point-of-contact for follow up? 

4. Federal Resources for Native Arts & 

Cultural Activities 

The NEA has previously provided 

annual updates of the Federal Resources 

for Native Arts & Cultural Activities, 

which is a consolidation of 

opportunities offered by federal 

agencies for organizations looking for 

funding and other resources to support 

Native arts and cultural activities. 

i. Have you ever accessed this 

publication? Is this publication a useful 

resource to make available to tribal 

communities? 

5. Tribal Consultation 

The NEA’s Tribal Consultation Policy, 

formally established in October 2021, is 

being reviewed for any necessary 

updates. In order to assist us in our 

review of the Policy, please share your 

thoughts on the following questions: 

i. What recommendations do you 

have regarding the NEA’s Tribal 

Consultation Policy? 

Dated: December 20, 2024. 

RaShaunda Thomas, 

Deputy Director, Office of Administrative 

Services & Contracts, National Endowment 

for the Arts. 

[FR Doc. 2024–31224 Filed 12–27–24; 8:45 am] 

BILLING CODE 7537–01–P 

NATIONAL FOUNDATION ON THE 

ARTS AND HUMANITIES 

National Endowment for the 

Humanities 

Civil Penalty Adjustments for 2025 

AGENCY: National Endowment for the 

Humanities; National Foundation on the 

Arts and the Humanities. 

ACTION: Notice of civil penalty 

adjustments for 2025. 

SUMMARY: The National Endowment for 

the Humanities (NEH) is giving notice of 

the adjusted maximum and minimum 

civil monetary penalties that may be 

imposed for violations of its New 

Restrictions on Lobbying and Program 

Fraud Civil Remedies Act regulations to 

reflect the requirements of the Federal 

Civil Penalties Inflation Adjustment Act 

of 1990, as amended by the Federal 

Civil Penalties Inflation Adjustment Act 

Improvements Act of 2015. The updated 

penalty amounts are adjusted for 

inflation and are effective from January 

15, 2025, through January 14, 2026. 

DATES: The updated civil penalties in 

this notice are applicable to penalties 

assessed on or after January 15, 2025, if 

the associated violations occurred after 

November 2, 2015. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth Voyatzis, Deputy General 

Counsel, Office of the General Counsel, 

National Endowment for the 

Humanities, 400 7th Street SW, Room 

4060, Washington, DC 20506; (202) 606– 

8322; gencounsel@neh.gov. 

SUPPLEMENTARY INFORMATION: 

1. Background 

The Federal Civil Penalties Inflation 

Adjustment Act of 1990, as amended by 

the Federal Civil Penalties Inflation 

Adjustment Act Improvements Act of 

2015 (the Inflation Adjustment Act) 1

directs each Executive agency to make 

an annual inflation adjustment for each 


ddrumheller on DSK120RN23PROD with NOTICES1