Federal Register / Vol. 73, No. 174 / Monday, September 8, 2008 / Notices 52081 

1Loan Application Register, http://www.ffiec.gov/ 

hmda/doc/hmdalar2007.doc. 

SUPPLEMENTARY INFORMATION: The OCC 

is proposing to revise the following 

information collection: 

Title: Fair Housing Home Loan Data 

System Regulation—12 CFR Part 27. 

OMB Control No.: 1557–0159. 

Description: The Fair Housing Act (42 

U.S.C. 3605) prohibits discrimination in 

the financing of housing on the basis of 

race, color, religion, sex, or national 

origin. The Equal Credit Opportunity 

Act (15 U.S.C. 1691 et seq.) prohibits 

discrimination in any aspect of a credit 

transaction on the basis of race, color, 

religion, national origin, sex, marital 

status, age, receipt of income from 

public assistance, or exercise of any 

right under the Consumer Credit 

Protection Act. The OCC is responsible 

for ensuring that national banks comply 

with those laws. This information 

collection is needed to promote national 

bank compliance and for OCC to fulfill 

its statutory responsibilities. 

The information collection 

requirements in 12 CFR part 27 are as 

follows: 

• Section 27.3(a) requires a national 

bank that is required to collect data on 

home loans under 12 CFR part 203 to 

present the data on Federal Reserve 

Form FR HMDA–LAR,1 or in automated 

format in accordance with the HMDA–

LAR instructions, and to include one 

additional item (the reason for denial) 

on the HMDA–LAR. Section 27.3(a) also 

lists exceptions to the HMDA–LAR 

recordkeeping requirements. 

• Section 27.3(b) lists the information 

banks should obtain from an applicant 

as part of a home loan application, and 

states information that a bank must 

disclose to an applicant. 

• Section 27.3(c) sets forth additional 

information required to be kept in the 

loan file. 

• Section 27.4 states that the OCC 

may require a national bank to maintain 

a Fair Housing Inquiry/Application Log 

found in Appendix III to part 27 if there 

is reason to believe that the bank is 

engaging in discriminatory practices or 

if analysis of the data compiled by the 

bank under the Home Mortgage 

Disclosure Act (12 U.S.C. 2801 et seq.) 

and 12 CFR part 203 indicates a pattern 

of significant variation in the number of 

home loans between census tracts with 

similar incomes and home ownership 

levels differentiated only by race or 

national origin. 

• Section 27.5 requires a national 

bank to maintain the information 

required by § 27.3 for 25 months after 

the bank notifies the applicant of action 

taken on an application, or after 

withdrawal of an application. 

• Section 27.7 requires a national 

bank to submit the information required 

by §§ 27.3(a) and 27.4 to the OCC upon 

its request, prior to a scheduled 

examination using the Monthly Home 

Loan Activity Format form in Appendix 

I to part 27 and the Home Loan Data 

Form in Appendix IV to part 27. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

1,712. 

Estimated Total Annual Responses: 

2,871. 

Estimated Frequency of Response: On 

occasion. 

Estimated Time Per Respondent: 2.68 

hours. 

Estimated Total Annual Burden: 

4,595.84 hours. 

A 60-day Federal Register notice was 

issued on June 24, 2008. 73 FR 35722. 

No comments were received. Comments 

continue to be invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information has 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. 

Dated: September 2, 2008. 

Michele Meyer, 

Assistant Director, Legislative and Regulatory 

Activities Division. 

[FR Doc. E8–20682 Filed 9–5–08; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Art Advisory Panel—Notice of Closed 

Meeting 

AGENCY: Internal Revenue Service, 

Treasury. 

ACTION: Notice of closed meeting of Art 

Advisory Panel. 

SUMMARY: Closed meeting of the Art 

Advisory Panel will be held in 

Washington, DC. 

DATES: The meeting will be held 

October 1 and 2, 2008. 

ADDRESSES: The closed meeting of the 

Art Advisory Panel will be held on 

October 1 and 2, 2008, in Room 4136 

beginning at 9:30 a.m., Franklin Court 

Building, 1099 14th Street, NW., 

Washington, DC 20005. 

FOR FURTHER INFORMATION CONTACT: 

Karen Carolan, C:AP:ART, 1099 14th 

Street, NW., Washington, DC 20005. 

Telephone (202) 435–5609 (not a toll 

free number). 

SUPPLEMENTARY INFORMATION: 

Notice is hereby given pursuant to 

section 10(a)(2) of the Federal Advisory 

Committee Act, 5 U.S.C. App., that a 

closed meeting of the Art Advisory 

Panel will be held on October 1 and 2, 

2008, in Room 4136 beginning at 9:30 

a.m., Franklin Court Building, 1099 14th 

Street, NW., Washington, DC 20005. 

The agenda will consist of the review 

and evaluation of the acceptability of 

fair market value appraisals of works of 

art involved in Federal income, estate, 

or gift tax returns. This will involve the 

discussion of material in individual tax 

returns made confidential by the 

provisions of 26 U.S.C. 6103. 

A determination as required by 

section 10(d) of the Federal Advisory 

Committee Act has been made that this 

meeting is concerned with matters listed 

in 5 U.S.C. section 552b(c)(3), (4), (6), 

and (7), and that the meeting will not be 

open to the public. 

Sarah Hall Ingram, 

Chief, Appeals. 

[FR Doc. E8–20772 Filed 9–5–08; 8:45 am] 

BILLING CODE 4830–01–P 

mstockstill on PROD1PC66 with NOTICES