69994 Federal Register / Vol. 79, No. 226 / Monday, November 24, 2014 / Notices 

rules will be informative to the public 

and reflects an important mechanism of 

both the statutory and regulatory 

company-run stress test framework. 

In response to a few technical 

comments, some minor changes will be 

made to the final reporting forms and 

instructions. These changes include 

clarified reporting instructions for the 

disallowed deferred tax asset and 

unrealized gains (losses) on AFS 

securities line items and updated 

descriptions of the total capital and total 

risk-based capital line items. 

Type of Review: Revision to an 

existing collection. 

Affected Public: Businesses or other 

for-profit. 

Burden Estimates: 

Estimated Number of Respondents: 

29. 

Estimated Total Annual Burden: 

13,601 hours. 

The burden for each $10 to $50 billion 

covered institution that completes the 

revised results template is estimated to 

be 445 hours for a total of 12,905 hours. 

The revisions are estimated to add 5 

hours of additional burden per 

respondent, increasing the burden from 

440 hours to 445 hours. This burden 

includes 20 hours to input these data 

and 425 hours for work related to 

modeling efforts. The estimated revised 

burden for each $10 to $50 billion 

covered institution that completes the 

annual DFAST Scenarios Variables 

Template is estimated to be 24 hours for 

a total of 696 hours. 

Comments continue to be invited on: 

(a) Whether the collection of 

information is 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 

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 start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Dated: November 18, 2014. 

Stuart Feldstein, 

Director, Legislative and Regulatory Activities 

Division. 

[FR Doc. 2014–27720 Filed 11–21–14; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Submission for OMB Review; 

Electronic Operations 

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). 

In accordance with the requirements 

of the PRA, the OCC may not conduct 

or sponsor, and the respondent is 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 renewal of its information 

collection titled, ‘‘Electronic 

Operations.’’ The OCC is also giving 

notice that it has sent the collection to 

OMB for review. 

DATES: Comments must be submitted on 

or before December 24, 2014. 

ADDRESSES: Because paper mail in the 

Washington, DC area and at the OCC is 

subject to delay, commenters are 

encouraged to submit comments by 

email if possible. Comments may be 

sent to: Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, Attention: 

1557–0301, 400 7th Street SW., Suite 

3E–218, Mail Stop 9W–11, Washington, 

DC 20219. In addition, comments may 

be sent by fax to (571) 465–4326 or by 

electronic mail to regs.comments@

occ.treas.gov. You may personally 

inspect and photocopy comments at the 

OCC, 400 7th Street SW., Washington, 

DC 20219. For security reasons, the OCC 

requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 649–6700. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

All comments received, including 

attachments and other supporting 

materials, are part of the public record 

and subject to public disclosure. Do not 

enclose any information in your 

comment or supporting materials that 

you consider confidential or 

inappropriate for public disclosure. 

Additionally, please send a copy of 

your comments by mail to: OCC Desk 

Officer, 1557–0301, U.S. Office of 

Management and Budget, 725 17th 

Street NW., #10235, Washington, DC 

20503, or by email to: oira_submission@

omb.eop.gov. 

FOR FURTHER INFORMATION CONTACT: 

Johnny Vilela or Mary H. Gottlieb, OCC 

Clearance Officers, (202) 649–5490, for 

persons who are deaf or hard of hearing, 

TTY, (202) 649–5597, Legislative and 

Regulatory Activities Division, Office of 

the Comptroller of the Currency, 400 7th 

Street SW., Suite 3E–218, Mail Stop 

9W–11, Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501–3520), Federal 

agencies must obtain approval from 

OMB for each collection of information 

they conduct or sponsor. ‘‘Collection of 

information’’ is defined 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 provide information to 

a third party. 

The OCC is proposing to extend OMB 

approval of this collection for three 

years: 

Title: Electronic Operations. 

OMB Control No.: 1557–0301. 

Frequency of Response: On occasion. 

Affected Public: Business or other forprofit. 

Number of Respondents: 15. 

Burden per Respondent: 2 hours. 

Total Burden: 30 hours. 

Description: Twelve CFR part 155 

provides that Federal savings 

associations (FSAs) may use, or 

participate with others to use, electronic 

means or facilities to perform any 

function, or provide any product or 

service, as part of an authorized activity. 

Electronic means or facilities include, 

but are not limited to, automated teller 

machines, automated loan machines, 

personal computers, the Internet, the 

World Wide Web, telephones, and other 

similar electronic devices. The 

regulation requires each FSA to notify 

the OCC at least 30 days before 

establishing a transactional Web site. A 

transactional Web site is an Internet site 

that enables users to conduct financial 

transactions such as accessing an 

account, obtaining an account balance, 

transferring funds, processing bill 

payments, opening an account, applying 

for or obtaining a loan, or purchasing 

other authorized products or services. 

FSAs that present supervisory or 

compliance concerns may be subject to 

additional procedural requirements. 

This information collection facilitates 

the OCC’s ability to identify industry 


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Federal Register / Vol. 79, No. 226 / Monday, November 24, 2014 / Notices 69995 

technology trends and better understand 

emerging technologies. The information 

is collected on a transactional basis and 

is used to ensure that safety and 

soundness requirements are being met. 

On July 28, 2014, OCC issued a notice 

for 60 days of comment concerning this 

collection. 79 FR 42823. One comment 

was received. 

One commenter asked whether the 

collection of information is necessary 

for the proper performance of the OCC’s 

functions, including whether the 

information has practical utility. 

The commenter described the 

collection as an ‘‘anachronism’’ that ‘‘no 

longer reflects the realities and risks of 

current times.’’ The commenter further 

noted that the Internet has been widely 

used as a channel for offering and 

conducting banking services for many 

years and that the OCC likewise has 

many years of supervisory experience 

with ‘‘transactional Web sites,’’ which 

would seem to obviate the continued 

need for notice and collection of this 

information. Finally, the commenter 

stated that the information collection is 

not an effective way of understanding 

industry trends and emerging 

technologies, contending that FSAs as a 

group ‘‘tend to be slow adopters of new 

technology’’ and noting that national 

banks are not subject to a similar 

requirement. 

The OCC appreciates the commenter’s 

perspective. In response, the OCC will 

give careful consideration to the 

comment in connection with the OCC’s 

national bank and FSA rule integration 

efforts, in particular whether a notice 

requirement is still necessary for 

transactional Web sites. 

Comments continue to be solicited on: 

(a) Whether the collections of 

information are necessary for the proper 

performance of the OCC’s functions, 

including whether the information has 

practical utility; 

(b) The accuracy of the OCC’s 

estimates of the burden of the 

information collections, 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 

information collections on respondents, 

including through the use of automated 

collection techniques or other forms of 

information technology. 

Dated: November 18, 2014. 

Stuart E. Feldstein, 

Legislative and Regulatory Activities Division. 

[FR Doc. 2014–27686 Filed 11–21–14; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 928 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, 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 proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the IRS is 

soliciting comments concerning Form 

928, Fuel Bond. 

DATES: Written comments should be 

received on or before January 23, 2015 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Christie Preston, Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to Allan Hopkins at 

Internal Revenue Service, Room 6129, 

1111 Constitution Avenue NW., 

Washington, DC 20224, or through the 

internet at Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Fuel Credit. 

OMB Number: 1545–0725. 

Form Number: 928. 

Abstract: Under IRC section 4101(b) 

Secretary may require, as a condition of 

registration under 4101(a), that the 

applicant give a bond in an amount that 

the Secretary determines is appropriate. 

Applicant’s that do not meet all the 

applicable registration tests for Form 

637 registration must secure a federal 

bond, from an acceptable surety or 

reinsurer listed in Circular 570, prior to 

receiving a Form 637 registration under 

section 4101. Form 928 is used for this 

purpose. 

Current Actions: There are no changes 

being made to the form at this time. 

Type of Review: Reinstatement 

without change of a previously 

approved collection. 

Affected Public: Businesses or other 

for-profit organizations. 

Estimated Number of Respondents: 

500. 

Estimated Time per Respondent: 2 

hours, 34 minutes. 

Estimated Total Annual Burden 

Hours: 1,280. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Books or records relating to a collection 

of information must be retained as long 

as their contents may become material 

in the administration of any internal 

revenue law. Generally, tax returns and 

tax return information are confidential, 

as required by 26 U.S.C. 6103. 

Request For Comments: Comments 

submitted in response to this notice will 

be summarized and/or 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 of 

information 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. 

Approved: November 13, 2014. 

Christie Preston, 

IRS Reports Clearance Officer. 

[FR Doc. 2014–27724 Filed 11–21–14; 8:45 am] 

BILLING CODE 4830–01–P 


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