Federal Register / Vol. 87, No. 125 / Thursday, June 30, 2022 / Notices 39159 

metro area’s major regional jobs 

corridors that includes the Centers for 

Disease Control and Prevention (CDC), 

Emory University and Hospital, the 

Atlanta Veterans Affairs (VA) Medical 

Center, Emory Decatur Hospital, and 

several clusters of growing multi-family 

residential, office, and commercial 

centers. The project would enhance 

mobility and accessibility to and within 

the study corridor by providing a more 

robust transit network that offers an 

alternative to automobile travel and 

would link to existing heavy rail transit 

lines, with the potential to connect to 

other planned regional transit expansion 

projects. The current study evaluates 

transit modal alternatives that would 

operate in or adjacent to the CSX 

Transportation freight rail corridor from 

the Lindbergh Center MARTA station 

area to a point near Belt Junction at the 

Emory-Clairmont Campus in DeKalb 

County. Transit service would continue 

east along either: (a) North Decatur 

Road, DeKalb Industrial Way, N Arcadia 

Way and E Ponce de Leon Avenue to the 

Avondale MARTA Station; or (b) 

continue along Clairemont Avenue to 

the Decatur MARTA Station. 

Project Context and History 

The Clifton Corridor Transit Initiative 

was initiated by MARTA in 2009, in 

cooperation with the Clifton Corridor 

Transportation Management Association 

(CCTMA), to identify and select a transit 

solution that would provide access to 

the CDC and Emory University and 

Hospital Area. An initial alternatives 

analysis study evaluated several 

alignment and transit mode alternatives 

and resulted in a Locally Preferred 

Alternative (LPA) that was adopted by 

the MARTA Board of Directors in 2012. 

Since that time, MARTA has evaluated 

an extensive number of additional 

alternatives to maximize operational 

efficiency and ridership potential, 

reduce project costs, and reduce 

environmental and community impacts 

in a highly complex study area with 

limited right-of-way (ROW), freight rail, 

established historic and residential 

areas, and a rapid pace of real estate 

development. 

Next Steps 

FTA and MARTA invite comments on 

all planning activities and 

developments, which include, but are 

not limited to, the Purpose and Need of 

the Project, the Project study area, 

potential impacts, and potential 

alternatives. At the end of the 

alternatives analysis process, FTA and 

MARTA anticipate identifying a 

preferred mode and corridor for further 

evaluation during the NEPA process. 

The classification of the NEPA 

documentation (Categorical Exclusion, 

Environmental Assessment, or 

Environmental Impact Statement) will 

be determined by FTA at the end of the 

alternatives analysis. If the preferred 

mode and alignment involve the 

potential for significant environmental 

impacts, an EIS may be required. If an 

EIS is required, a Notice of Intent to 

Prepare an EIS will be published in the 

Federal Register by FTA, and the public 

and interested agencies will have the 

opportunity to participate in a review 

and comment period on the scope of the 

EIS. 

Authority: 49 CFR 622.101, 23 CFR 

771.111, and 40 CFR 1501.7. 

Yvette Taylor, 

Regional Administrator. 

[FR Doc. 2022–13947 Filed 6–29–22; 8:45 am] 

BILLING CODE 4910–57–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Revision; Comment Request; Annual 

Stress Test Rule 

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 the 

general public and other Federal 

agencies to take this opportunity to 

comment on a continuing information 

collection as required by the Paperwork 

Reduction Act of 1995 (PRA). An agency 

may not conduct or sponsor, and 

respondents are 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 ‘‘Annual 

Stress Test Rule.’’ 

DATES: Comments must be submitted on 

or before August 29, 2022. 

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: 1557–0343, 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) 465–4326. 

Instructions: You must include 

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

0343’’ 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’’ drop 

down menu, and click on ‘‘Information 

Collection Review.’’ From the 

‘‘Currently under Review’’ drop-down 

menu, select ‘‘Department of Treasury’’ 

and then click ‘‘submit.’’ This 

information collection can be located by 

searching by OMB control number 

‘‘1557–0343’’ or ‘‘Annual Stress Test 

Rule.’’ 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, OCC 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 


jspears on DSK121TN23PROD with NOTICES1
39160 Federal Register / Vol. 87, No. 125 / Thursday, June 30, 2022 / Notices 

1October 9, 2012—Final Rule (77 FR 61238) 

2 Dodd-Frank Wall Street Reform and Consumer 

Protection Act, Public Law 111–203, 124 Stat. 1376 

(2010). 

3 77 FR 49485 (August 16, 2012); 77 FR 66663 

(November 6, 2012). 

4 12 U.S.C. 5365(i)(2)(A). 

5 12 U.S.C. 5301(12). 

6 12 U.S.C. 5365(i)(2)(C). 

7 12 U.S.C. 5365(i)(2)(B). 

8Public Law 115–174, 132 Stat. 1296–1368 

(2018). 

9 84 FR 54472 (October 10, 2019). 

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 disclose 

information to a third party. Section 

3506(c)(2)(A) of title 44 requires Federal 

agencies to provide a 60-day notice in 

the Federal Register concerning each 

proposed collection of information, 

including each proposed revision of an 

existing collection of information, 

before submitting the collection to OMB 

for approval. To comply with this 

requirement, the OCC is publishing this 

notice. 

Title: Annual Stress Test Rule. 

OMB Control No.: 1557–0343. 

Type of Review: Regular review. 

Description: The annual stress test 

rule 1 implemented Section 165(i) of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act 2 (‘‘DoddFrank Act’’) which requires certain 

companies to conduct annual stress 

tests. National banks and Federal 

savings associations with total 

consolidated assets of more than $10 

billion were required to conduct annual 

stress tests and comply with reporting 

and disclosure requirements under the 

rule. The reporting templates for 

institutions with total consolidated 

assets of over $50 billion were finalized 

in 2012.3

Section 165(i)(2) of the Dodd-Frank 

Wall Street Reform and Consumer 

Protection Act (Dodd-Frank Act) 

required certain financial companies, 

including national banks and Federal 

savings associations, to conduct annual 

stress tests 4 and requires the primary 

financial regulatory agency 5 of those 

financial companies to issue regulations 

implementing the stress test 

requirements.6

Under section 165(i)(2), a covered 

institution was required to submit to the 

Board of Governors of the Federal 

Reserve System (Board) and to its 

primary financial regulatory agency a 

report at such time, in such form, and 

containing such information as the 

primary financial regulatory agency may 

require.7

The Economic Growth, Regulatory 

Relief, and Consumer Protection Act 

(EGRRCPA), enacted on May 24, 2018, 

amended certain aspects of the 

company-run stress testing requirement 

in section 165(i)(2) of the Dodd-Frank 

Act.8 Specifically, section 401 of 

EGRRCPA raises the minimum asset 

threshold for financial companies 

covered by the company-run stress 

testing requirement from $10 billion to 

$250 billion in total consolidated assets; 

revises the requirement for banks to 

conduct stress tests ‘‘annually’’ and 

instead requires them to conduct stress 

tests ‘‘periodically’’; and no longer 

requires the OCC to provide an 

‘‘adverse’’ stress-testing scenario, thus 

reducing the number of required stress 

test scenarios from three to two. 

The OCC uses the information to 

assess the reasonableness of the stress 

test results and provide forward-looking 

information to the OCC regarding a 

covered institution’s capital adequacy. 

The OCC also may use the results of the 

stress tests to determine whether 

additional analytical techniques and 

exercises could be appropriate to 

identify, measure, and monitor risks at 

the covered institution. The stress test 

results support ongoing improvement in 

a covered institution’s stress testing 

practices with respect to its internal 

assessments of capital adequacy and 

overall capital planning. 

Under 12 CFR 46.6(c), each covered 

institution is required to establish and 

maintain a system of controls, oversight, 

and documentation, including policies 

and procedures, describing the covered 

institution’s stress test practices and 

methodologies, and processes for 

validating and updating the covered 

institution’s stress test practices. The 

board of directors of the covered 

institution must approve and review 

these policies at least annually. Section 

46.7(a) requires each covered institution 

to report the results of their stress tests 

to the OCC annually. Section 46.8(a) 

requires that a covered institution 

publish a summary of the results of its 

annual stress tests on its website or in 

any other forum that is reasonably 

accessible to the public. 

The 2019 increase in the applicability 

threshold for these requirements 9

reduced the estimated number of 

respondents. In addition, the frequency 

of these reporting, recordkeeping, and 

disclosure requirements for some 

institutions were decreased to biennial. 

Affected Public: Businesses or other 

for-profit. 

Estimated Annual Burden: 6,240 

Hours. 

Frequency of Response: Annual. 

Comments: 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 collections of 

information are 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 

estimates of the information collection 

burden; 

(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. 

Theodore J. Dowd, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2022–13941 Filed 6–29–22; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0003] 

Agency Information Collection Activity 

Under OMB Review: Application for 

Burial Benefits (Under 38 U.S.C. 

Chapter 23) 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: In compliance with the 

Paperwork Reduction Act (PRA) of 

1995, this notice announces that the 

Veterans Benefits Administration 

(VBA), Department of Veterans Affairs, 

will submit the collection of 

information abstracted below to the 

Office of Management and Budget 

(OMB) for review and comment. The 

PRA submission describes the nature of 

the information collection and its 

expected cost and burden and it 

includes the actual data collection 

instrument. 

DATES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 


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