Federal Register / Vol. 66, No. 104 / Wednesday, May 30, 2001 / Notices 29325

extension of time are addressed to local

franchising authorities concerning rates

for basic service tiers and to the FCC

concerning rates for cable programming

service tiers.

OMB Control Number: 3060–0610.

Title: Section 76.1606, Rate Change

While Complaint Pending.

Form Number: N/A.

Type of Review: Extension of a

currently approved collection.

Respondents: Businesses or other forprofit entities.

Number of Respondents: 400.

Estimated Time per Response: 0.5

hours.

Frequency of Response: On occasion

reporting requirement; Third party

disclosure.

Total Annual Burden: 200 hours.

Total Annual Costs: None.

Needs and Uses: A cable operator that

proposes to change any rate while a

cable service tier rate complaint is

pending before the FCC shall provide

the Commission at least 30 days notice

of the proposed rate change to allow the

Commission time to review any pending

rate complaints.

Federal Communications Commission.

Magalie Roman Salas,

Secretary.

[FR Doc. 01–13455 Filed 5–29–01; 8:45 am]

BILLING CODE 6712–01–P

FEDERAL RESERVE SYSTEM

Agency Information Collection

Activities: Announcement of Board

Approval Under Delegated Authority

and Submission to OMB

SUMMARY:

Background

Notice is hereby given of the final

approval of a proposed information

collection by the Board of Governors of

the Federal Reserve System (Board)

under OMB delegated authority, as per

5 CFR 1320.16 (OMB Regulations on

Controlling Paperwork Burdens on the

Public). Board-approved collections of

information are incorporated into the

official OMB inventory of currently

approved collections of information.

Copies of the OMB 83–Is and supporting

statements and approved collection of

information instrument(s) are placed

into OMB’s public docket files. The

Federal Reserve may not conduct or

sponsor, and the respondent is not

required to respond to, an information

collection that has been extended,

revised, or implemented on or after

October 1, 1995, unless it displays a

currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT:

Federal Reserve Board Clearance

Officer—Mary M. West—Division of

Research and Statistics, Board of

Governors of the Federal Reserve

System, Washington, DC 20551 (202–

452–3829), OMB Desk Officer—

Alexander T. Hunt—Office of

Information and Regulatory Affairs,

Office of Management and Budget, New

Executive Office Building, Room 3208,

Washington, DC 20503 (202–395–7860).

Final Approval Under OMB Delegated

Authority of the Implementation of the

Following Report

1. Report title: Declaration for a State

Member Bank to Control, or Hold an

Interest In, a Financial Subsidiary.

Agency form number: FR 4017.

OMB Control number: 7100–0292.

Frequency: Event-generated.

Reporters: State Member Banks.

Annual reporting hours: 100 hours.

Estimated average hours per response:

1 hour.

Number of respondents: 100.

Small businesses are not affected.

General description of report: This

information collection is required to

obtain a benefit by Title I of the GrammLeach-Bliley Act (Pub. L. 106–103, 113

Stat. 1338 (1999)). A company may

request confidentiality for the

information contained in the

information collection pursuant to

section (b)(4) and (b)(6) of the Freedom

of Information Act (5 U.S.C. 552 (b)(4)

and (b)(6)).

Abstract: In March 2000, the Board

adopted, on an interim basis, and

requested public comment on a rule

implementing the financial subsidiary

provisions of the GLB Act for state

member banks (Docket No. R–1064; 65

Federal Register 14810 (2000)). The

interim rule specifies the capital,

managerial, Community Reinvestment

Act and other requirements that a state

member bank must meet to own or

control a financial subsidiary under the

GLB Act. In addition, the interim rule

requires a state member bank to provide

notice to the Federal Reserve at least 15

days prior to establishing a financial

subsidiary or commencing a newly

authorized financial activity through an

existing financial subsidiary. The notice

must provide basic information

concerning the proposed transaction

and certify that bank and its depository

institution affiliates meet the capital and

managerial requirements of the GLB

Act.

The Federal Reserve received one

comment on the interim rule that bears

on the rule’s information collection

requirements. This commenter

suggested that the Federal Reserve

eliminate the 15-day review period for

financial subsidiary notices and permit

a state member bank to immediately

consummate a proposed transaction

after filing a certification that the bank

meets the GLB Act’s capital, managerial,

and other requirements. Staff believes

that the brief 15-day review period

included in the interim rule provides

the Federal Reserve an appropriate

period of time to verify that a state

member bank meets the capital,

managerial, and other requirements

imposed by the GLB Act. Accordingly,

it is anticipated that the final rule

presented to the Board will continue to

include a period for System review of

financial subsidiary notices.

Board of Governors of the Federal Reserve

System, May 23, 2001.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 01–13475 Filed 5–29–01; 8:45 am]

BILLING CODE 6210–01–P

FEDERAL RESERVE SYSTEM

Change in Bank Control Notices;

Acquisition of Shares of Bank or Bank

Holding Companies

The notificants listed below have

applied under the Change in Bank

Control Act (12 U.S.C. 1817(j)) and

§ 225.41 of the Board’s Regulation Y (12

CFR 225.41) to acquire a bank or bank

holding company. The factors that are

considered in acting on the notices are

set forth in paragraph 7 of the Act (12

U.S.C. 1817(j)(7)).

The notices are available for

immediate inspection at the Federal

Reserve Bank indicated. The notices

also will be available for inspection at

the office of the Board of Governors.

Interested persons may express their

views in writing to the Reserve Bank

indicated for that notice or to the offices

of the Board of Governors. Comments

must be received not later than June 12,

2001.

A. Federal Reserve Bank of Dallas

(W. Arthur Tribble, Vice President) 2200

North Pearl Street, Dallas, Texas 75201–

2272:

1. Jimmie Michael Luecke, The Fred

Luecke Trust, The Susan Luecke Trust, Tim

Kleinschmidt, trustee, The Jimmie Luecke

Children Partnership, Ltd., Jimmie Luecke,

general partner, all of Giddings, Texas; to

acquire additional voting shares of Giddings

Bancshares, Inc., Giddings, Texas, and

thereby indirectly acquire additional voting

shares of Giddings Holdings, Inc., Dover,

Delaware, and First National Bank, Giddings,

Texas.