30924 Federal Register / Vol. 66, No. 111 / Friday, June 8, 2001 / Notices

Requirements in Connection with

Regulation E (Electronic Fund

Transfers), and (4) Recordkeeping and

Disclosure Requirements in Connection

with Regulation B (Equal Credit

Opportunity).

DATES: Comments must be submitted on

or before August 7, 2001.

ADDRESSES: Interested parties are

invited to submit written comments to

Tamara R. Manly, Management Analyst

(Regulatory Analysis), (202) 898–7453,

Office of the Executive Secretary, Room

F–4058, Attention: Comments/OES,

Federal Deposit Insurance Corporation,

550 17th Street NW., Washington, DC

20429. All comments should refer to the

OMB control number. Comments may

be hand-delivered to the guard station at

the rear of the 17th Street Building

(located on F Street), on business days

between 7 a.m. and 5 p.m. [FAX number

(202) 898–3838; Internet address:

comments @ fdic.gov].

A copy of the comments may also be

submitted to the OMB desk officer for

the FDIC: Alexander Hunt, Office of

Information and Regulatory Affairs,

Office of Management and Budget, New

Executive Office Building, Room 3208,

Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT:

Tamara R. Manly, at the address

identified above.

SUPPLEMENTARY INFORMATION:

Proposal to renew the following

currently approved collections of

information:

1. Title: Recordkeeping and

Disclosure Requirements in Connection

with Regulation Z (Truth in Lending).

OMB Number: 3064–0082.

Frequency of Response: On occasion.

Affected Public: Any businesses or

individuals that regularly offer or

extend consumer credit.

Estimated Number of Respondents:

5,662.

Estimated Time per Response: 787

hours.

Total Annual Burden: 4,455,994

hours.

General Description of Collection:

Regulation Z (12 CFR part 226), issued

by the Board of Governors of the Federal

Reserve System, prescribes uniform

methods of computing the cost of credit,

disclosure of credit terms, and

procedures for resolving billing errors

on certain credit accounts.

2. Title: Recordkeeping and

Disclosure Requirements in Connection

with Regulation M (Consumer Leasing).

OMB Number: 3064–0083.

Frequency of Response: On occasion.

Affected Public: Any businesses

engaging in consumer leasing.

Estimated Number of Respondents:

5,662.

Estimated Time per Response: 4

hours.

Total Annual Burden: 22,648 hours.

General Description of Collection:

Regulation M (12 CFR part 2123), issued

by the Board of Governors of the Federal

Reserve System, implements the

consumer leasing provisions of the

Truth in Lending Act.

3. Title: Recordkeeping and

Disclosure Requirements in Connection

with Regulation E (Electronic Fund

Transfers).

OMB Number: 3064–0084.

Frequency of Response: On occasion.

Affected Public: Any users of the

electronic fund transfer system.

Estimated Number of Respondents:

5,662.

Estimated Time per Response: 120.4

hours.

Total Annual Burden: 681,705 hours.

General Description of Collection:

Regulation E (12 CFR part 205), issued

by the Board of Governors of the Federal

Reserve System, establishes the rights,

liabilities, and responsibilities of

consumers who use electronic fund

transfer services and of financial

institutions that offer these services.

4. Title: Recordkeeping and

Disclosure Requirements in Connection

with Regulation B (Equal Credit

Opportunity).

OMB Number: 3064–0085.

Frequency of Response: On occasion.

Affected Public: Any financial

institution engaging in credit

transactions.

Estimated Number of Respondents:

5,662.

Estimated Time per Response: 43

hours.

Total Annual burden: 243,466 hours.

General Description of Collection:

Regulation B (12 CFR part 202), issued

by the Board of Governors of the Federal

Reserve System, prohibits creditors from

discriminating against applicants on any

of the bases specified by the Equal

Credit Opportunity Act, establishes

guidelines for gathering and evaluating

credit information, and requires

creditors to give applicants a written

notification of rejection of an

application.

Request for Comment

Comments are invited on: (a) Whether

the collection of information is

necessary for the proper performance of

the FDIC’s functions, including whether

the information has practical utility; (b)

the accuracy of the estimates of the

burden of the information collection,

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 information collection on

respondents, including through the use

of automated collection techniques or

other forms of information technology.

At the end of the comment period, the

comments and recommendations

received will be analyzed to determine

the extent to which the collection

should be modified prior to submission

to OMB for review and approval.

Comments submitted in response to this

notice also will be summarized or

included in the FDIC’s requests to OMB

for renewal of these collections. All

comments will become a matter of

public record.

Dated at Washington, DC, this 4th day of

June, 2001.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Executive Secretary.

[FR Doc. 01–14442 Filed 6–7–01; 8:45 am]

BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE

CORPORATION

Sunshine Act Meeting; Notice of

Agency Meeting

Pursuant to the provisions of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b), notice is hereby given that

at 11:05 a.m. on Tuesday, June 5, 2001,

the Board of Directors of the Federal

Deposit Insurance Corporation met in

closed session to consider matters

relating to the Corporation’s corporate

and supervisory activities.

In calling the meeting, the Board

determined, on motion of Director Ellen

S. Seidman (Director, Office of Thrift

Supervision), seconded by Director John

M. Reich (Appointive), concurred in by

Director John D. Hawke, Jr. (Comptroller

of the Currency), and Chairman Donna

Tanoue, that Corporation business

required its consideration of the matters

on less than seven days’ notice to the

public; that no notice earlier than June

1, 2001, of the meeting was practicable,

that the public interest did not require

consideration of the matters in a

meeting open to public observation; and

that the matters could be considered in

a closed meeting by authority of

subsections (c)(2), (c)(6), (c)(8),

(c)(9)(A)(ii), and (c)(9)(B) of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b(c)(2), (c)(6), (c)(8),

(c)(9)(A)(ii), and (c)(9)(B)).

The meeting was held in the Board

Room of the FDIC Building located at

550–17th Street, NW., Washington, DC.

Federal Register / Vol. 66, No. 111 / Friday, June 8, 2001 / Notices 30925

Dated: June 5, 2001.

Federal Deposit Insurance Corporation.

James D. LaPierre,

Deputy Executive Secretary.

[FR Doc. 01–14568 Filed 6–6–01; 10:21 am]

BILLING CODE 6714–01–M

FEDERAL EMERGENCY

MANAGEMENT AGENCY

Cooperating Technical Partners

AGENCY: Federal Emergency

Management Agency (FEMA).

ACTION: Notice of cooperating technical

partners flood hazard mapping initiative

(formerly known as Cooperating

Technical Communities).

SUMMARY: We (FEMA) give notice of the

Cooperating Technical Partners

initiative that will recognize and

encourage participation by states,

regional agencies, and communities in

the flood hazard mapping process.

DATES: Funding available May 4, 2001

for FY 2001.

FOR FURTHER INFORMATION CONTACT:

Your FEMA Regional Cooperating

Technical Partners Coordinator. We list

contact names for the coordinators

under Section (h) of this document.

SUPPLEMENTARY INFORMATION: (a)

Background. Throughout this notice, the

terms ‘‘we,’’ ‘‘our,’’ and ‘‘us,’’ refers to

FEMA. The term ‘‘Partner’’ (upper case

‘‘P’’) or ‘‘CTP’’ refers to a participant in

the CTP initiative. We administer the

National Flood Insurance Program

(NFIP) and under section 1360 of the

National Flood Insurance Act of 1968,

as amended (42 U.S.C. 4101), we

establish and update flood-risk zone

data in floodplain areas. In the

identification of flood-prone areas, we

may consult with, receive information

from, and enter into agreements or other

arrangements with the head of any

State, regional, or local agency in order

to identify these floodplain areas.

We are implementing the Cooperating

Technical Partners (CTP) concept as

part of our Flood Map Modernization

plan (http://www.fema.gov/library/

mapmod.pdf). The initiative was

formerly known as Cooperating

Technical Communities. The CTP

initiative will formally recognize and

encourage the ongoing contributions

that our mapping partners—States,

regional agencies, and communities—

make in assisting us in providing timely

and accurate flood hazard information.

The participating entity will enter into

a partnership agreement with us to

develop or maintain all or a component

of its flood hazard maps.

CTP collaborations will maximize the

effectiveness of the limited local and

Federal funding available for flood

mapping, while maintaining consistent

national standards. Through these

partnerships, the integration of locally

funded or developed flood and mapping

data in the flood mapping process will

enable contributing partners to expand

the scope of our flood mapping efforts.

We expect that this will result in

enhanced responsibility for the maps by

the partners and, in turn, heightened

local awareness of flood risks, more

effective floodplain management, and

more accurate maps. The Cooperating

Technical Partners initiative includes

both locally funded and FEMA-funded

activities.

Under the initiative, the Partner and

we will enter a general overall

agreement (CTP Agreement) that

recognizes the fundamental importance

of flood hazard identification, as well as

flood insurance and floodplain

management. Then, as the CTP and we

identify specific flood mapping

activities to undertake, the CTP and we

will develop and enter into Mapping

Activity Agreements under the umbrella

of the overall CTP Agreement.

We envision that most Mapping

Activity Agreements will be

collaborative efforts where both the CTP

and FEMA contribute data and units of

work to maximize the extent, accuracy,

and utility of flood studies to best meet

local and Federal needs, while

minimizing costs for all parties. Federal

funding will be limited even if we can

allocate supplemental map

modernization funding. In any event,

we will allocate funding within the

context of our flood study prioritization

process.

Additional Guidance is available at

http://www.fema.gov/mit/tsd/

CPT_main.htm.

(b) Availability of Fiscal Year 2001

Funds. We have set aside approximately

$8 million nation-wide for use by all

FEMA Regional offices to fund CTP

mapping activities in Fiscal Year 2001.

We base the selection of CTP

participants on floodplain mapping

needs and on the partners’ interest,

contributions, and their capability to

perform the types of eligible activities

that we identified for the CTP initiative.

Funding will be provided to eligible

CTP applicants through the Cooperative

Agreement process in accordance with

Title 44 of the Code of Federal

Regulations (CFR), part 13. Request for

Federal Assistance (RFA) packages will

be mailed to potential applicants from

the FEMA Regional offices upon

publication of this notice.

(c) Eligibility. We intend the

cooperative agreements awarded in this

effort to supplement and not supplant

on-going mapping efforts by the

community, regional agency, or State.

The FEMA funds would be in addition

to the partner’s current flood hazard

mapping effort. Our Regional Offices

will select partners based on the

following criteria:

(1) The CTP applicant must have

existing processes or systems in place

that support mapping or data collection

activities that contribute to flood hazard

identification. These ongoing processes

or systems must be supported by nonfederal funding.

(2) The CTP applicant must have

demonstrated the capability and

commitment to perform the mapping

activities for which it is applying. This

capability may be indicated through

(but not limited to) a FEMA Regional

Office review of both previously

prepared map products and of the

Partner’s existing processes or systems

for the production of map products that

are intended by the Partner to be

utilized for CTP activities.

(3) The CTP applicant must be a

community participating in the NFIP,

and be in good standing in the program

as determined by our Regional Office, or

be a State or regional agency that serves

communities that participate in the

NFIP.

(4) The CTP applicant that will be

receiving funds under a cooperative

agreement must be able to perform the

financial management activities

required as part of the cooperative

agreement (i.e., account for federal

funds, prepare required performance

and financial reports). Our regional

offices will assist the communities with

these financial management activities.

FEMA-funded activities must meet the

requirements of 44 CFR part 13,

Uniform Administrative Requirements

for Grants and Cooperative Agreements

to State and Local Governments. Part 13

sets forth requirements for proper grant

administration and management

including, but not limited to, recordkeeping, allowable costs, and the

processes for use of contractors.

(5) The CTP applicant must have inhouse staff capabilities in the

appropriate technical area for the given

activity. If a portion of the activities is

contracted, the CTP partner must have

in-house staff capability to monitor the

contractor as well as review and

approve the products. For these

purposes, ‘‘capability’’ means

demonstrated experience in the

performance of, or management through

contracting of, similar activities.