Federal Register / Vol. 90, No. 27 / Tuesday, February 11, 2025 / Notices 9355 

any personal information the 

commenter provides, to https://

www.regulations.gov, as described in 

the system of records notice (DOT/ALL– 

14 FDMS), which can be reviewed at 

https://www.transportation.gov/privacy. 

See https://www.regulations.gov/ 

privacy-notice for the privacy notice of 

regulations.gov. To facilitate comment 

tracking, we encourage commenters to 

provide their name, or the name of their 

organization; however, submission of 

names is completely optional. If you 

wish to provide comments containing 

proprietary or confidential information, 

please contact FRA for alternate 

submission instructions. 

Issued in Washington, DC. 

Carolyn R. Hayward-Williams, 

Director, Office of Railroad Systems and 

Technology. 

[FR Doc. 2025–02431 Filed 2–10–25; 8:45 am] 

BILLING CODE 4910–06–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Comment Request; Covered 

Savings Associations Notice 

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 

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 the 

renewal of its information collection 

titled, ‘‘Covered Savings Associations 

Notice.’’ 

DATES: Comments must be received by 

April 14, 2025. 

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: 1557–0341, 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) 293–4835. 

Instructions: You must include 

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

0341’’ 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. 

Following the close of this notice’s 

60-day comment period, the OCC will 

publish a second notice with a 30-day 

comment period. 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. 

• Viewing Comments Electronically: 

Go to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ tab 

and click on ‘‘Information Collection 

Review’’ from the drop-down menu. 

From the ‘‘Currently under Review’’ 

drop-down menu, select ‘‘Department of 

Treasury’’ and then click ‘‘submit.’’ This 

information collection can be located by 

searching OMB control number ‘‘1557– 

0341’’ or ‘‘Covered Savings Associations 

Notice.’’ 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. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

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 

that 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 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 renewal/ 

revision of this collection. 

Title: Covered Savings Associations 

Notice. 

OMB Control No.: 1557–0341. 

Type of Review: Regular. 

Affected Public: Businesses or other 

for-profit. 

Description: The Home Owners’ Loan 

Act (HOLA), as amended by the 

Economic Growth, Regulatory Relief, 

and Consumer Protection Act 

(EGRRCPA), allows a Federal savings 

association (FSA) with total 

consolidated assets of $20 billion or 

less, as of December 31, 2017, to elect 

to operate as a covered savings 

association (CSA). This section of HOLA 

requires the OCC to issue rules that, 

among other things, establish 

streamlined standards and procedures 

for FSA elections to operate as CSAs 

and clarify the requirements for the 

treatment of a CSA. A CSA has the same 

rights and privileges as a national bank 

and is subject to the same duties and 

restrictions as a national bank. 

Twelve CFR part 101 allows FSAs to 

elect national bank powers and operate 

as CSAs. An FSA seeking to operate as 

a CSA is required under 12 CFR 101.3(a) 

to submit a notice making a CSA 

election to the OCC that: (1) is signed by 

a duly authorized officer of the FSA; 

and (2) identifies and describes any 

nonconforming subsidiaries, assets, or 

activities that the FSA operates, holds, 

or conducts at the time it submits its 

notice. 

Under 12 CFR 101.5(a), the OCC may 

require a CSA to submit a plan to divest, 

conform, or discontinue a 

nonconforming subsidiary, asset, or 

activity. 

A CSA may submit a notice to 

terminate its election to operate as a 

CSA under 12 CFR 101.6 using 

procedures similar to those for an 

election. In addition, after a period of 

five years, an FSA that has terminated 

its election to operate as a CSA may 

submit a notice under 12 CFR 101.7 to 


KHAMMOND on DSK9W7S144PROD with NOTICES
9356 Federal Register / Vol. 90, No. 27 / Tuesday, February 11, 2025 / Notices 

reelect using the same procedures used 

for its original election. 

Estimated Frequency of Response: On 

occasion. 

Estimated Number of Respondents: 

259. 

Estimated Total Annual Burden: 284 

hours. 

Comments submitted in response to 

this notice will be summarized and 

included in the request for OMB 

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 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’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 start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Patrick T. Tierney, 

Assistant Director, Office of the Comptroller 

of the Currency. 

[FR Doc. 2025–02481 Filed 2–10–25; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Action 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of one or more persons and vessels that 

have been placed on OFAC’s Specially 

Designated Nationals and Blocked 

Persons List (SDN List) based on 

OFAC’s determination that one or more 

applicable legal criteria were satisfied. 

All property and interests in property 

subject to U.S. jurisdiction of these 

persons are blocked, and U.S. persons 

are generally prohibited from engaging 

in transactions with them. The vessels 

placed on the SDN List have been 

identified as property in which a 

blocked person has an interest. OFAC is 

also updating the entry on the SDN List 

for one person. 

DATES: This action was issued on 

February 6, 2025. See SUPPLEMENTARY

INFORMATION for relevant dates. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, 202–622–2420; Assistant 

Director for Licensing, 202–622–2480; 

Assistant Director for Sanctions 

Compliance, 202–622–2490 or https://

ofac.treasury.gov/contact-ofac. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The SDN List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website: https://ofac.treasury.gov. 

Notice of OFAC Action 

On February 6, 2025, OFAC 

determined that the property and 

interests in property subject to U.S. 

jurisdiction of the following persons are 

blocked under the relevant sanctions 

authority listed below. 

BILLING CODE 4810–AL–P 


KHAMMOND on DSK9W7S144PROD with NOTICES