69992 Federal Register / Vol. 79, No. 226 / Monday, November 24, 2014 / Notices 

rail tank cars conform to the applicable 

specification. 

(5) Quality Assurance Program: 

Facilities that build, repair, and ensure 

the structural integrity of tank cars are 

required to develop and implement a 

quality assurance program. This 

information is used by the facility and 

DOT compliance personnel to ensure 

that each tank car is constructed or 

repaired in accordance with the 

applicable requirements. 

(6) Inspection Reports: A written 

report must be prepared and retained for 

each tank car that is inspected and 

tested in accordance with § 180.509 of 

the HMR. Rail carriers, users, and the 

FRA use this information to ensure that 

rail tank cars are properly maintained 

and are in safe condition for 

transporting hazardous materials. 

Affected Public: Manufacturers, 

owners, and rail carriers of tank cars. 

Annual Reporting and Recordkeeping 

Burden: 

Number of Respondents: 266. 

Total Annual Responses: 16,782. 

Total Annual Burden Hours: 2,689. 

Frequency of Collection: Annually. 

Title: Testing Requirements for Nonbulk Packaging. 

OMB Control Number: 2137–0572. 

Summary: This information collection 

consolidates and describes the 

information provisions in parts 173 and 

180 of the HMR on the testing 

requirements for non-bulk packagings. 

This OMB control number covers 

performance-oriented packaging 

standards and allows packaging 

manufacturers and shippers more 

flexibility in selecting more economical 

packagings for their products. This 

information collection also allows 

customizing the design of packagings to 

better suit the transportation 

environment that they will encounter 

and encourage technological 

innovations, decrease packaging costs, 

and significantly reduce the need for 

special permits. 

Affected Public: Each non-bulk 

packaging manufacturer that tests 

packagings to ensure compliance with 

the HMR. 

Annual Reporting and Recordkeeping 

Burden: 

Number of Respondents: 5,000. 

Total Annual Responses: 15,500. 

Total Annual Burden Hours: 32,500. 

Frequency of Collection: On occasion. 

William S. Schoonover, 

Deputy Associate Administrator, Pipeline and 

Hazardous Materials Safety Administration. 

[FR Doc. 2014–27688 Filed 11–21–14; 8:45 am] 

BILLING CODE 4910–60–P 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. FD 35865] 

The Baltimore and Ohio Chicago 

Terminal Railroad Company—Joint 

Use Exemption—Indiana Harbor Belt 

Railroad Company 

AGENCY: Surface Transportation Board, 

DOT. 

ACTION: Notice of exemption. 

SUMMARY: By decision served November 

19, 2014, the Board is granting an 

exemption under 49 U.S.C. 10502 from 

the prior approval requirements of 49 

U.S.C. 11323–25 for The Baltimore and 

Ohio Chicago Terminal Railroad 

Company (BOCT) and Indiana Harbor 

Belt Railroad Company (IHB) to modify 

a joint use agreement that would give 

BOCT dispatching responsibility over 

approximately 483 feet of track between 

Blue Island Junction Eastward Absolute 

Signal, milepost DIH 15.2, and the 

Westward Absolute Signal at CP 

Francisco (CP 154), milepost 15.3, near 

Blue Island Junction, Ill. 

DATES: This exemption is effective on 

November 19, 2014. Petitions to reopen 

must be filed by December 9, 2014. 

ADDRESSES: An original and 10 copies of 

all pleadings, referring to Docket No. FD 

35865, must be filed with the Surface 

Transportation Board, 395 E Street SW., 

Washington, DC 20423–0001. In 

addition, a copy of each pleading must 

be served on Louis E. Gitomer, Law 

Offices of Louis E. Gitomer, 600 

Baltimore Avenue, Suite 301, Towson, 

MD 21204. 

FOR FURTHER INFORMATION CONTACT: 

Valerie Quinn, (202) 245–0382. 

Assistance for the hearing impaired is 

available through the Federal 

Information Relay Service (FIRS) at 

(800) 877–8339. 

SUPPLEMENTARY INFORMATION: 

Additional information is contained in 

the Board’s decision served November 

19, 2014, which is available on our Web 

site at www.stb.dot.gov. 

Decided: November 18, 2014. 

By the Board, Chairman Elliott, Vice 

Chairman Miller, and Commissioner 

Begeman. 

Raina S. White, 

Clearance Clerk. 

[FR Doc. 2014–27763 Filed 11–21–14; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Comptroller of the Currency 

Agency Information Collection 

Activities; Company-Run Annual 

Stress Test Reporting Template and 

Documentation for Covered 

Institutions With Total Consolidated 

Assets of $10 Billion to $50 Billion 

Under the Dodd-Frank Wall Street 

Reform and Consumer Protection Act 

AGENCY: Office of the Comptroller of the 

Currency, Treasury (OCC). 

ACTION: Notice. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites the 

general public and other Federal 

agencies to comment on this continuing 

information collection, as required by 

the Paperwork Reduction Act of 1995. 

Under the Paperwork Reduction Act, 

Federal agencies are required to publish 

notice in the Federal Register 

concerning each proposed collection of 

information. An agency may not 

conduct or sponsor, and a 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 on 

proposed revisions to the regulatory 

reporting templates and documentation 

for covered institutions with total 

consolidated assets of $10 billion to $50 

billion. 

DATES: Comments must be received by 

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: 

1557–0311, 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 


asabaliauskas on DSK5VPTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 226 / Monday, November 24, 2014 / Notices 69993 

1Public Law 111–203, 124 Stat. 1376, July 2010. 

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

3 12 U.S.C. 5301(12). 

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

5 12 U.S.C. 5365(i)(2)(B). 

6 77 FR 61238 (October 9, 2012). 

7 78 FR 62942. 

8 78 FR 62018. 

9 79 FR 41742. 

10The OCC, the Board, and the Federal Deposit 

Insurance Corporation have proposed revisions to 

the schedule of the annual stress test. 79 FR 37231 

(July 1, 2014). If the agencies adopt these revisions, 

the OCC expects to adjust its reporting instructions 

accordingly. 11 12 U.S.C. 5365(i)(2)(C)(iv); 12 CFR 46.8. 

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. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information from 

or a copy of the collection from Johnny 

Vilela or Mary H. Gottlieb, 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. In 

addition, copies of the templates 

referenced in this notice can be found 

on the OCC’s Web site under Tools and 

Forms (http://www.occ.gov/tools-forms/

forms/bank-operations/stress-testreporting.html). 

SUPPLEMENTARY INFORMATION: The OCC 

is requesting comment on a revision to 

the following information collection: 

Title: Company-Run Annual Stress 

Test Reporting Template and 

Documentation for Covered Institutions 

with Total Consolidated Assets of $10 

Billion to $50 Billion under the DoddFrank Wall Street Reform and Consumer 

Protection Act. 

OMB Control No.: 1557–0311. 

Description: Section 165(i)(2) of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act 1 (Dodd-Frank 

Act) requires certain financial 

companies, including national banks 

and Federal savings associations, to 

conduct annual stress tests 2 and 

requires the primary financial regulatory 

agency 3 of those financial companies to 

issue regulations implementing the 

stress test requirements.4 A national 

bank or Federal savings association is a 

‘‘covered institution,’’ and therefore 

subject to the stress test requirements if 

its total consolidated assets exceed $10 

billion. Under section 165(i)(2), a 

covered institution is 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.5 On October 9, 2012, the OCC 

published in the Federal Register a final 

rule implementing the section 165(i)(2) 

annual stress test requirements.6 On 

October 22, 2013 the OCC published in 

the Federal Register a notice describing 

the reports and information required 

under section 165(i)(2) for covered 

institutions with average total 

consolidated assets between $10 to $50 

billion.7

On October 11, 2013, the OCC 

published in the Federal Register 

revised risk- based and leverage capital 

requirements that implement the Basel 

III regulatory capital reforms and certain 

changes required by the Dodd-Frank Act 

(revised regulatory capital rule).8 The 

revised regulatory capital rule 

introduces the new common equity tier 

1 capital component and a new common 

equity tier 1 capital ratio, changes the 

definition of regulatory capital items, 

and changes the calculation of riskweighted assets. All banking 

organizations must comply with the 

revised regulatory capital rule beginning 

on January 1, 2015. 

On July 17, 2014 the OCC published 

in the Federal Register notice of its 

intention to revise the reporting 

templates for covered institutions with 

$10 to $50 billion in assets to reflect the 

changes to the revised regulatory capital 

rule.9 The OCC received one comment 

in response to this notice. 

In the notice the OCC proposed to add 

a common equity tier 1 capital data item 

to the Balance Sheet and a common 

equity tier 1 risk-based capital ratio data 

item to the Summary Schedule and 

Balance Sheet Schedules (baseline, 

adverse, and severely adverse scenarios) 

in order to reflect the requirements of 

the revised regulatory capital rule. 

These revisions would be effective for 

the 2015 stress test cycle (using 

September 2014 data with submission of 

results in March 2015).10 In addition, 

the OCC proposed to clarify the 

accompanying instructions to 

emphasize that institutions should 

transition to the revised regulatory 

capital rule requirements in their 

company-run stress test projections in 

the quarter in which the requirements 

become effective. Specifically, 

institutions would be required to 

transition to the revised regulatory 

capital rule and begin including the 

common equity tier 1 capital data item 

and common equity tier 1 risk-based 

capital ratio data item in projected 

quarters two (1st quarter 2015) through 

nine (4th quarter 2016) for each scenario 

for the 2015 stress test cycle. 

The OCC also proposed several 

clarifications to the reporting 

instructions including: Indicating that 

the Scenario Variables Schedule would 

be collected as a reporting form in 

Reporting Central (instead of as a file 

submitted in Adobe Acrobat PDF 

format) and clarifying how the 

supporting qualitative information 

should be organized. 

The OCC has worked closely with the 

Board and the Federal Deposit 

Insurance Corporation to make the 

agencies’ respective rules implementing 

the annual stress testing requirements 

under the Dodd-Frank Act consistent 

and comparable by requiring similar 

standards for scope of application, 

scenarios, data collection and reporting 

forms. The OCC also has worked to 

minimize any potential duplication of 

effort related to the annual stress test 

requirements. 

The OCC received one comment letter 

from a modeling service provider on the 

proposed revisions to the reporting 

templates and instructions. The 

commenter questioned the introduction 

of the new regulatory capital, riskweighted asset, and regulatory capital 

ratio items in the reporting templates, 

asserting that covered institutions with 

$10–$50 billion in assets will lack 

relevant data for the new capital items 

in advance of when these items are 

required to be reported in the 

Consolidated Report of Condition and 

Income (Call Report). However, the 

additional items in the reporting 

templates should not place undue 

burden on these institutions as they 

have already been given additional time 

to incorporate the revised capital 

framework into their company-run 

stress tests. These institutions were not 

required to report these items in the 

2013–2014 stress tests. In addition, the 

reporting templates and instructions 

have been updated to reference the 

applicable Call Report items that should 

be reported over the planning horizon, 

including new items that were created 

to capture the revised capital 

framework. Accordingly, the OCC is 

adopting the new items as proposed. 

The commenter also expressed 

concerns about the requirement that 

covered institutions publicly disclose a 

summary of the results of the stress 

tests. However, this requirement is 

contained in both the Dodd-Frank Act 

and the OCC’s stress test regulation.11

Moreover, the OCC believes that public 

disclosure of the summary of the results 

of the stress test using the new capital 


asabaliauskas on DSK5VPTVN1PROD with NOTICES
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 


asabaliauskas on DSK5VPTVN1PROD with NOTICES