50400 Federal Register / Vol. 73, No. 166 / Tuesday, August 26, 2008 / Notices 

records to ensure that the concentrates 

are manufactured properly. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 160 

hours. 

OMB Number: 1513–0031. 

Type of Review: Revision. 

Title: Specific Transportation Bond—

Distilled Spirits or Wines Withdrawn 

for Transportation to Manufacturing 

Bonded Warehouse—Class Six; and 

Continuing Transportation Bond—

Distilled Spirits and Wines. 

Forms: TTB 5100.12, TTB 5110.67. 

Description: TTB F 5100.12 and TTB 

F 5110.67 are specific bonds that protect 

the tax revenue on distilled spirits and 

wine while in transit from one type of 

bonded facility to another. They identify 

the shipment, the parties, the date, and 

the amount of bond coverage. 

Respondents: Business and other for 

profits. 

Estimated Total Burden Hours: 1 

hour. 

OMB Number: 1513–0055. 

Type of Review: Revision. 

Title: Offer in Compromise of Liability 

Incurred Under Federal Alcohol 

Administration Act, as amended. 

Forms: TTB 5640.2. 

Description: Persons who have 

committed violations of the FAA Act 

may submit an offer in compromise. The 

offer is a request by the party in 

violation to compromise penalties for 

the violations in lieu of civil or criminal 

action. TTB F 5640.2 identifies the 

violation(s) to be compromised by the 

person committing them, amount of 

offer, plus justification for acceptance. 

Respondents: Business and other for 

profits. 

Estimated Total Burden Hours: 24 

hours. 

OMB Number: 1513–0102. 

Type of Review: Revision. 

Title: Drawback of Tax on Tobacco 

Products and Cigarette Papers and 

Tubes—Export Shipment, TTB REC 

5210/2. 

Description: Exporters may file claim 

for drawback of tax on tobacco products 

and cigarette papers and tubes which 

have been taxpaid and are to be 

exported. Appropriate records are 

needed to ensure drawback of tax is 

properly documented and justified. 

Respondents: Business and other for 

profits. 

Estimated Total Burden Hours: 5 

hours. 

Clearance Officer: Frank Foote (202) 

927–9347, Alcohol and Tobacco Tax 

and Trade Bureau,Room 200 East,1310 

G. Street, NW.,Washington, DC 20005. 

OMB Reviewer: Alexander T. Hunt 

(202) 395–7316, Office of Management 

and Budget, Room 10235, New 

Executive Office Building,Washington, 

DC 20503. 

Robert Dahl, 

Treasury PRA Clearance Officer. 

[FR Doc. E8–19696 Filed 8–25–08; 8:45 am] 

BILLING CODE 4810–31–P 

DEPARTMENT OF THE TREASURY 

Financial Management Service; Senior 

Executive Service; Financial 

Management Service Performance 

Review Board (PRB) 

AGENCY: Financial Management Service, 

Treasury. 

ACTION: Notice. 

SUMMARY: This notice announces the 

appointment of members to the 

Financial Management Service (FMS) 

Performance Review Board (PRB). 

DATES: This notice is effective on 

August 26, 2008. 

FOR FURTHER INFORMATION CONTACT: 

David A. Lebryk, Deputy Commissioner, 

Financial Management Service, 401 

14th Street, SW., Washington, DC; 

telephone (202) 874–7000. 

SUPPLEMENTARY INFORMATION: Pursuant 

to 5 U.S.C. 4314(c)(4), this notice is 

given of the appointment of individuals 

to serve as members of the FMS PRB. 

This Board reviews the performance 

appraisals of career senior executives 

below the Assistant Commissioner level 

and makes recommendations regarding 

ratings, bonuses, and other personnel 

actions. Four voting members constitute 

a quorum. The names and titles of the 

FMS PRB members are as follows: 

Primary Members 

David A. Lebryk, Deputy Commissioner 

Rita Bratcher, Assistant Commissioner, 

Debt Management Services 

Sheryl R. Morrow, Assistant 

Commissioner, Federal Finance 

Wanda Rogers, Assistant Commissioner, 

Payment Management 

Charles R. Simpson, Assistant 

Commissioner, Information Resources 

D. James Sturgill, Assistant 

Commissioner, Govermentwide 

Accounting 

Alternate Member 

Scott H. Johnson, Assistant 

Commissioner, Management (Chief 

Financial Officer) 

David A. Lebryk, 

Deputy Commissioner. 

[FR Doc. E8–19767 Filed 8–25–08; 8:45 am] 

BILLING CODE 4810–35–M 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Proposed Information Collection; 

Comment Request 

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. Currently, the 

OCC is soliciting comment concerning 

its extension, without change, of an 

information collection titled ‘‘Debt 

Cancellation Contracts and Debt 

Suspension Agreements—12 CFR 37.’’

DATES: You should submit written 

comments by: October 27, 2008. 

ADDRESSES: Communications Division, 

Office of the Comptroller of the 

Currency, Public Information Room, 

Mail Stop 1–5, Attention: 1557–0224, 

250 E Street, SW., Washington, DC 

20219. In addition, comments may be 

sent by fax to (202) 874–4448, or by 

electronic mail to 

regs.comments@occ.treas.gov. You may 

personally inspect and photocopy 

comments at the OCC’s Public 

Information Room, 250 E Street, SW., 

Washington, DC. For security reasons, 

the OCC requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 874–5043. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and submit to security 

screening in order to inspect and 

photocopy comments. 

Additionally, you should send a copy 

of your comments to OCC Desk Officer, 

1557–0224, by mail to U.S. Office of 

Management and Budget, 725 17th 

Street, NW., #10235, Washington, DC 

20503, or by fax to (202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information or a 

copy of the collection from Mary 

Gottlieb, (202) 874–5090, Legislative 

and Regulatory Activities Division 

(1557–0202), Office of the Comptroller 

of the Currency, 250 E Street, SW., 

Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: 

The OCC is proposing to extend OMB 

approval of the following information 

collection: 

Title: Debt Cancellation Contracts and 

Debt Suspension Agreements. 

OMB Number: 1557–0224. 


sroberts on PROD1PC76 with NOTICES
Federal Register / Vol. 73, No. 166 / Tuesday, August 26, 2008 / Notices 50401 

Description: This submission covers 

an existing regulation and involves no 

change to the regulation or the 

information collection. The OCC 

requests that OMB approve its revised 

estimates and renew its approval of the 

information collection. The estimates 

have been revised to reflect the current 

number of national banks. 

The regulation requires national 

banks to disclose information about a 

Debt Cancellation Contract (DCC) or 

Debt Suspension Agreement (DSA). The 

short form disclosure is usually made 

orally and is issued at the time the bank 

firsts solicits the purchase of a contract. 

The long form disclosure is usually 

made in writing and is issued before the 

customer completes the purchase of the 

contract. There are special rules for 

transactions by telephone, solicitations 

using written mail inserts or ‘‘take one’’

applications, and electronic 

transactions. Part 37 provides two forms 

of disclosure that serve as models for 

satisfying the requirements of the rule. 

Use of the forms is not mandatory. A 

bank may adjust the form and wording 

of its disclosures so long as the 

requirements of the regulation are met. 

12 U.S.C. 24 (Seventh) authorizes 

national banks to enter into DCCs and 

DSAs. The requirements of part 37 

enhance consumer protections for 

customers who buy DCCs and DSAs 

from national banks and ensure that 

national banks provide these products 

on a safe and sound basis by requiring 

them to effectively manage their risk 

exposure. 

Section 37.6 

Section 37.6 requires a bank to 

provide the following disclosures, as 

appropriate: 

• Anti-tying—A bank must inform the 

customer that purchase of the product is 

optional and neither its decision 

whether to approve the loan nor the 

terms and conditions of the loan are 

conditioned on the purchase of a DCC 

or DSA. 

• Explanation of debt suspension 

agreement—A bank must disclose that if 

a customer activates the agreement, the 

customer’s duty to pay the loan 

principal and interest is only suspended 

and the customer must fully repay the 

loan after the period of suspension has 

expired. 

• Amount of the fee—A bank must 

make disclosures regarding the amount 

of the fee. The disclosure must differ 

depending on whether the credit is 

open-end or closed-end. In the case of 

closed-end credit, the bank must 

disclose the total fee. In the case of 

open-end credit, the bank must either 

disclose that the periodic fee is based on 

the account balance multiplied by a unit 

cost and provide the unit cost, or 

disclose the formula used to compute 

the fee. 

• Lump sum payment of fee—A bank 

must disclose, where appropriate, that a 

customer has the option to pay the fee 

in a single payment or in periodic 

payments. This disclosure is not 

appropriate in the case of a DCC or DSA 

provided in connection with a home 

mortgage loan since the option to pay 

the fee in a single payment is not 

available in that case. Banks are also 

required to disclose that adding the fee 

to the amount borrowed will increase 

the cost of the contract. 

• Lump sum payment of fee with no 

refund—A bank must disclose that the 

customer has the option to choose a 

contract with or without a refund 

provision. This disclosure also states 

that prices of refund and no-refund 

products are likely to differ. 

• Refund of fee paid in lump sum—

If a bank permits a customer to pay the 

fee in a single payment and to add the 

fee to the amount borrowed, the bank 

must disclose the bank’s cancellation 

policy. The disclosure informs the 

customer that the DCC or DSA may be 

canceled at any time for a refund, 

within a specified number of days for a 

full refund, or at any time with no 

refund. 

• Whether use of credit line is 

restricted—A bank must inform a 

customer if the customer’s activation of 

the contract would prohibit the 

customer from incurring additional 

charges or using the credit line. 

• Termination of a DCC or DSA—A 

bank must explain the circumstances 

under which a customer or the bank 

could terminate the contract if 

termination is permitted during the life 

of the loan. 

• Additional disclosures—A bank 

must inform consumers that it will 

provide additional information before 

the customer is required to pay for the 

product. 

• Eligibility requirements, conditions, 

and exclusions—A bank must describe 

any material limitations relating to the 

DCC or DSA. 

The content of the short and long 

form may vary, depending on whether 

a bank elects to provide a summary of 

the conditions and exclusions in the 

long form disclosures or refer the 

customer to the pertinent paragraphs in 

the contract. The short form requires a 

bank to instruct the customer to read 

carefully both the long form disclosures 

and the contract for a full explanation 

of the terms of the contract. The long 

form gives a bank the option of either 

separately summarizing the limitations 

or advising the customer that a complete 

explanation of the eligibility 

requirements, conditions, and 

exclusions is available in the contract 

and identifying the paragraphs where a 

customer may find that information. 

Section 37.7 

Section 37.7 requires a bank to obtain 

a customer’s written affirmative election 

to purchase a contract and written 

acknowledgment of receipt of the 

disclosures required by § 37.6. If the sale 

of the contract occurs by telephone, the 

customer’s affirmative election to 

purchase and acknowledgment of 

receipt of the required short form may 

be made orally, provided the bank 

maintains certain documentation. 

If the contract is solicited through 

written materials such as mail inserts or 

‘‘take one’’ applications and the bank 

provides only the short form disclosures 

in the written materials, then the bank 

shall mail the acknowledgment, together 

with the long form disclosures, to the 

customer. The bank may not obligate the 

customer to pay for the contract until 

after the bank has received the 

customer’s written acknowledgment of 

receipt of disclosures unless the bank 

maintains certain documentation. The 

affirmative election and 

acknowledgment may also be made 

electronically. 

Type of Review: Regular. 

Affected Public: Businesses or other 

for-profit. 

Number of Respondents: 1,800. 

Total Annual Responses: 1,800. 

Frequency of Response: On occasion. 

Total Annual Burden Hours: 43,200. 

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 

agency, including whether the 

information shall have practical utility; 

(b) The accuracy of the agency’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 startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 


sroberts on PROD1PC76 with NOTICES
50402 Federal Register / Vol. 73, No. 166 / Tuesday, August 26, 2008 / Notices 

Dated: August 15, 2008. 

Michele Meyer, 

Assistant Director, Legislative & Regulatory 

Activities Division. 

[FR Doc. E8–19452 Filed 8–25–08; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0029] 

Agency Information Collection (Offer 

To Purchase and Contract of Sale) 

Activities Under OMB Review 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: In compliance with the 

Paperwork Reduction Act (PRA) of 1995 

(44 U.S.C. 3501–3521), 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; it includes 

the actual data collection instrument. 

DATE: Comments must be submitted on 

or before September 25, 2008. 

ADDRESSES: Submit written comments 

on the collection of information through 

http://www.Regulations.gov or to VA’s 

OMB Desk Officer, OMB Human 

Resources and Housing Branch, New 

Executive Office Building, Room 10235, 

Washington, DC 20503 (202) 395–7316. 

Please refer to ‘‘OMB Control No. 2900–

0029’’ in any correspondence. 

FOR FURTHER INFORMATION CONTACT: 

Denise McLamb, Records Management 

Service (005R1B), Department of 

Veterans Affairs, 810 Vermont Avenue, 

NW., Washington, DC 20420, (202) 461–

7485, FAX (202) 273–0443 or e-mail 

denise.mclamb@mail.va.gov. Please 

refer to ‘‘OMB Control No. 2900–0029.’’

SUPPLEMENTARY INFORMATION: 

Titles: 

a. Offer to Purchase and Contract of 

Sale, VA Form 26–6705. 

b. Credit Statement of Prospective 

Purchaser, VA Form 26–6705b. 

c. Addendum to VA Form 26–6705 

Offer to Purchase and Contract of 

Sale,VA Form 26–6705d. 

OMB Control Number: 2900–0029. 

Type of Review: Extension of a 

currently approved collection. 

Abstract: 

a. VA Form 26–6705 is completed by 

private sector sales broker to submit an 

offer to purchase VA-acquired property 

on behalf of a prospective buyer. VA 

Form 26–6705 becomes a contract of 

sale if VA accepts the offer to purchase. 

It serves as a receipt for the prospective 

buyer for his/her earnest money deposit, 

describes the terms of sale, and 

eliminates the need for separate 

transmittal of a purchase offer. 

b. VA Form 26–6705b is used as a 

credit application to determine the 

prospective buyer creditworthiness in 

instances when the prospective buyer 

seeks VA vendee financing. In such 

sales, the offer to purchase will not be 

accepted until the buyer’s income and 

credit history have been verified and a 

loan analysis has been completed. 

c. VA Form 26–6705d is an 

addendum to VA Form 26–6705 for use 

in the state of Virginia. The forms 

requires the buyer to be informed of the 

State’s law at or prior to closing the 

transaction. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to a collection of information 

unless it displays a currently valid OMB 

control number. The Federal Register 

Notice with a 60-day comment period 

soliciting comments on this collection 

of information was published on June 3, 

2008, at page 31736. 

Affected Public: Individuals or 

households. 

Estimated Annual Burden: 

a. VA Form 26–6705–10,000 hours. 

b. VA Form 26–6705b–7,333 hours. 

c. VA Form 26–6705d–125 hours. 

Estimated Average Burden Per 

Respondent: 

a. VA Form 26–6705–20 minutes. 

b. VA Form 26–6705b–20 minutes. 

c. VA Form 26–6705d–5 minutes. 

Frequency of Response: On occasion. 

Estimated Number of Total 

Respondents: 

a. VA Form 26–6705–30,000. 

b. VA Form 26–6705b–22,000. 

c. VA Form 26–6705d–1,500. 

Dated: August 18, 2008. 

By direction of the Secretary. 

Denise McLamb, 

Program Analyst Records Management 

Service. 

[FR Doc. E8–19719 Filed 8–25–08; 8:45 am] 

BILLING CODE 8320–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0594] 

Agency Information Collection 

(Election to Apply Selected Reserve 

Services to either Montgomery GI Bill–

Active Duty or to the Montgomery GI 

Bill–Selected Reserve) Activities Under 

OMB Review 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: In compliance with the 

Paperwork Reduction Act (PRA) of 1995 

(44 U.S.C. 3501–3521), 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; it includes 

the actual data collection instrument. 

DATES: Comments must be submitted on 

or before September 25, 2008. 

ADDRESSES: Submit written comments 

on the collection of information through 

http://www.Regulations.gov or to VA’s 

OMB Desk Officer, OMB Human 

Resources and Housing Branch, New 

Executive Office Building, Room 10235, 

Washington, DC 20503 (202) 395–7316. 

Please refer to ‘‘OMB Control No. 2900–

0594’’ in any correspondence. 

FOR FURTHER INFORMATION CONTACT: 

Denise McLamb, Records Management 

Service (005R1B), Department of 

Veterans Affairs, 810 Vermont Avenue, 

NW., Washington, DC 20420, (202) 461–

7485, FAX (202) 273–0443 or e-mail 

denise.mclamb@mail.va.gov. Please 

refer to ‘‘OMB Control No. 2900–0594.’’

SUPPLEMENTARY INFORMATION: 

Title: Election to Apply Selected 

Reserve Services to either Montgomery 

GI Bill–Active Duty or to the 

Montgomery GI Bill–Selected Reserve—

38 CFR 21.7042 and 21.7540. 

OMB Control Number: 2900–0594. 

Type of Review: Extension of a 

currently approved collection. 

Abstract: Reservist who participant in 

the Montgomery GI Bill—Active Duty 

and served on active duty for two years 

followed by six years in the Selected 

Reserve must elect to apply the selected 

reserved credit either toward the 

Montgomery GI Bill–Active Duty or 

toward the Montgomery GI Bill–

Selected Reserve benefits. Reservists 

must make this election in writing, 

which will take effect when the 


sroberts on PROD1PC76 with NOTICES