72244 Federal Register / Vol. 79, No. 234 / Friday, December 5, 2014 / Notices 

1Most recently, GWI was authorized to control 

Rapid City, Pierre & Eastern Railroad, Inc. (RCP&E), 

in common control with other carriers in GWI’s 

corporate family, upon RCP&E’s becoming a Class 

II carrier. See Genesee & Wyo. Inc.—Continuance in 

Control Exemption—Rapid City, Pierre & E. R.R., 

FD 35800 (STB served Mar. 27, 2014). GWI provides 

with its verified notice of exemption a map showing 

the locations of the GWI-controlled railroads. 2AKMD connects with WSR at Warren, Ark. See 

Pinsly R.R.—Control Exemption—Warren & Saline 

River R.R., FD 35293 (STB served Nov. 3, 2009). 

The Board has previously issued notices of 

exemption under 49 CFR 1180.2(d)(2) where some 

of the railroads to be acquired connect with each 

other. See, e.g., SteelRiver Infrastructure Partners— 

Control Exemption—Patriot Rail (SteelRiver), FD 

35622 (STB served May 23, 2012); Patriot Woods 

R.R.—Acquis. & Operation Exemption— 

Weyerhaeuser NR Co., Weyerhaeuser Woods R.R. 

Operating Div., FD 35431 (STB served Nov. 5, 2010) 

(authorizing two of the railroads later involved in 

SteelRiver to connect with each other). 

3The Acquired Railroads own and operate rail 

lines solely within the State of Arkansas. 

4With its verified notice of exemption, GWI filed 

under seal an unredacted version of its Stock 

Purchase Agreement and a motion for protective 

order to allow limited access to that agreement and 

other materials GWI has filed under seal. That 

motion is being addressed separately. 

5According to GWI, AKMD and one of GWI’s 

existing subsidiaries, Little Rock & Western 

Railway, L.P. (LRWN) both interchange with Union 

Pacific Railroad Company (UP) in the same yard in 

Little Rock, Ark. GWI states, however, that neither 

AKMD nor LRWN have the right to use any UP 

facilities to connect with each other. 

6 GWI states that it does not believe that the 

Board’s interchange commitment disclosure 

requirements are intended to apply to equity 

control transactions in which no new interchange 

commitment is being imposed as part of the 

transaction. Without waiving that argument, GWI 

provides, in its verified notice and a confidential 

appendix, information about the interchange 

commitment that GWI notes ‘‘would be required’’ 

under 49 CFR 1180.4(g)(4)(i). 

7Under this lease, as supplemented (UP Lease), 

AKMD operates the North Little Rock Branch in 

North Little Rock, the Warren Branch between 

Dermott and Warren, and the Cypress Bend Branch 

between McGehee and Cypress Bend. See also Ark. 

Midland R.R.—Lease & Operation Exemption— 

Union Pac. R.R., FD 33908 (STB served Aug. 23, 

2000); Ark. Midland R.R.—Change in Operators 

Exemption—Line of Union Pac. R.R., FD 34567 

(STB served Nov. 17, 2004); and Ark. Midland 

R.R.—Lease & Operation Exemption—Union Pac. 

R.R., FD 34714 (STB served Aug. 30, 2005). 

eligible for submission for other generic 

mechanisms that are designed to yield 

quantitative results. 

As a general matter, information 

collections will not result in any new 

system of records containing privacy 

information and will not ask questions 

of a sensitive nature, such as sexual 

behavior and attitudes, religious beliefs, 

and other matters that are commonly 

considered private. 

Affected Public: Individuals and 

Households, Businesses and 

Organizations, State, Local or Tribal 

Government. 

Estimated number of Respondents: 

162,350. 

Frequency: Once per request. 

Number of Responses: 162,350. 

Estimated Total Annual Burden: 

83,191. 

Public Comments Invited: You are 

asked to comment on any aspect of this 

information collection, including (a) 

Whether the proposed collection of 

information is necessary for the 

Department’s performance; (b) the 

accuracy of the estimated burden; (c) 

ways for the Department to enhance the 

quality, utility and clarity of the 

information collection; and (d) ways 

that the burden could be minimized 

without reducing the quality of the 

collected information. The agency will 

summarize and/or include your 

comments in the request for OMB’s 

clearance of this information collection. 

Authority: The Paperwork Reduction Act 

of 1995; 44 U.S.C. Chapter 35, as amended; 

and 49 CFR 1:48. 

Kevin Mahoney, 

Director, Office of Corporate Customer 

Services. 

[FR Doc. 2014–28542 Filed 12–4–14; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. FD 35877] 

Genesee & Wyoming Inc.—Acquisition 

of Control Exemption (Including 

Existing Interchange Commitment)— 

Arkansas Midland Railroad Company, 

Inc., The Prescott and Northwestern 

Railroad Company, and Warren & 

Saline River Railroad Company 

Genesee & Wyoming Inc. (GWI),1 a 

publicly traded non-carrier holding 

company, has filed a verified notice of 

exemption pursuant to 49 CFR 

1180.2(d)(2), to acquire control of the 

following Class III rail carriers: Arkansas 

Midland Railroad Company, Inc. 

(AKMD), The Prescott and Northwestern 

Railroad Company (PNW), and Warren 

& Saline Railroad Company (WSR) 

(collectively, the Acquired Railroads).2

The Acquired Railroads are currently 

owned and under the common control 

of Pinsly Railroad Company (Pinsly).3

GWI has submitted to the Board a 

redacted, public version of its Stock 

Purchase Agreement with Pinsly.4

GWI states that: (1) The Acquired 

Railroads do not connect with any of 

GWI’s subsidiary railroads; 5 (2) the 

proposed transaction is not part of a 

series of anticipated transactions to 

connect the Acquired Railroads and any 

of GWI’s subsidiary railroads; and (3) 

the proposed transaction does not 

involve a Class I rail carrier. The 

proposed transaction is therefore 

exempt from the prior approval 

requirements of 49 U.S.C. 11323 

pursuant to 49 CFR 1180.2(d)(2). 

Through its verified notice of 

exemption, GWI seeks to acquire all of 

the issued and outstanding stock of the 

Acquired Railroads from Pinsly. GWI 

states that the proposed transaction 

would allow the Acquired Railroads to 

take advantage of the administrative, 

financial, marketing, and operational 

support that GWI could provide, which 

would, in turn, promote the ability of 

the Acquired Railroads to provide safe 

and efficient service to their shippers. 

GWI claims that, although the Acquired 

Railroads do not connect with any of the 

railroads already controlled by GWI, the 

newly acquired railroads will expand 

the presence of GWI’s affiliates in 

Arkansas. 

GWI states that no interchange 

commitment is being imposed as part of 

this transaction but that one of the 

Acquired Railroads, AKMD, has an 

existing lease agreement with UP that 

includes an interchange commitment.6

GWI notes that this existing 

commitment is part of AKMD’s lease of 

several lines from UP 7 and was 

negotiated as part of the overall 

economic package in the original lease 

transactions. Because GWI is acquiring 

control of AKMD through a stock 

purchase, GWI states that there will be 

no effect on AKMD’s operating rights 

under the UP Lease. 

The earliest the transaction could be 

consummated is December 20, 2014, the 

effective date of the exemption (30 days 

after the exemption was filed). The 

parties expect to consummate the 

transaction shortly after the exemption 

becomes effective, assuming all other 

conditions to closing have been satisfied 

by that time. 

Under 49 U.S.C. 10502(g), the Board 

may not use its exemption authority to 

relieve a rail carrier of its statutory 

obligation to protect the interests of its 

employees. Because the transaction 

involves the control of one or more 

Class III rail carriers and two Class II rail 

carriers, the transaction is subject to the 

labor protective requirements of 49 

U.S.C. 11326(a) and New York Dock 

Railway—Control—Brooklyn Eastern 

District Terminal, 360 I.C.C. 60 (1979). 

If the verified notice contains false or 

misleading information, the exemption 

is void ab initio. Petitions to revoke the 

exemption under 49 U.S.C. 10502(d) 

may be filed at any time. The filing of 

a petition to revoke will not 

automatically stay the effectiveness of 

the exemption. Petitions to stay must be 

filed by December 12, 2014 (at least 


wreier-aviles on DSK5TPTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 234 / Friday, December 5, 2014 / Notices 72245 

1Pub. L. 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 79 FR 53835. 

8http://www.federalreserve.gov/reportforms. 

9 79 FR 64026 (Oct. 27, 2014). 

seven days before the exemption 

becomes effective). 

An original and ten copies of all 

pleadings, referring to Docket No. FD 

35877, 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: Eric M. Hocky, Clark Hill 

PLC, One Commerce Square, 2005 

Market Street, Suite 1000, Philadelphia, 

PA 19103. 

Board decisions and notices are 

available on our Web site at 

WWW.STB.DOT.GOV. 

Decided: December 2, 2014. 

By the Board, Rachel D. Campbell, 

Director, Office of Proceedings. 

Raina S. White, 

Clearance Clerk. 

[FR Doc. 2014–28571 Filed 12–4–14; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Revision of an Approved 

Information Collection; Comment 

Request; Company-Run Annual Stress 

Test Reporting Template and 

Documentation for Covered 

Institutions With Total Consolidated 

Assets of $50 Billion or More 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 a revision to 

this information collection, as required 

by the Paperwork Reduction Act of 

1995. 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. Currently, the 

OCC is soliciting comment concerning a 

revision to a regulatory reporting 

requirement for national banks and 

Federal savings associations titled, 

‘‘Company-Run Annual Stress Test 

Reporting Template and Documentation 

for Covered Institutions with Total 

Consolidated Assets of $50 Billion or 

More under the Dodd-Frank Wall Street 

Reform and Consumer Protection Act.’’ 

DATES: Comments must be received by 

January 5, 2015. 

ADDRESSES: Communications Division, 

Office of the Comptroller of the 

Currency, Mailstop 2–3, Attention: 

1557–0319, 400 7th St. SW., 

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 St. 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. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information from 

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 

St. SW., Washington, DC 20219. In 

addition, copies of the templates 

referenced in this notice can be found 

on the OCC’s Web site under News and 

Issuances (http://www.occ.treas.gov/

tools-forms/forms/bank-operations/

stress-test-reporting.html). 

SUPPLEMENTARY INFORMATION: The OCC 

is requesting comment on the following 

revision to an approved information 

collection: 

Title: Company-Run Annual Stress 

Test Reporting Template and 

Documentation for Covered Institutions 

with Total Consolidated Assets of $50 

Billion or More under the Dodd-Frank 

Wall Street Reform and Consumer 

Protection Act. 

OMB Control No.: 1557–0319. 

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 are more 

than $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 requirement.6 This 

rule describes the reports and 

information collections required to meet 

the reporting requirements under 

section 165(i)(2). These information 

collections will be given confidential 

treatment (5 U.S.C. 552(b)(4)). 

In 2012, the OCC first implemented 

the reporting templates referenced in 

the final rule. See 77 FR 49485 (August 

16, 2012) and 77 FR 66663 (November 

6, 2012). The OCC is now revising them 

as described below. The OCC proposed 

these revisions on September 10, 2014.7

The OCC received one comment and is 

adopting the revisions as final, with 

some adjustments described below. 

The OCC intends to use the data 

collected to assess the reasonableness of 

the stress test results of covered 

institutions and to analyze forwardlooking 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 are expected to 

support ongoing improvement in a 

covered institution’s stress testing 

practices with respect to its internal 

assessments of capital adequacy and 

overall capital planning. 

The OCC recognizes that many 

covered institutions with total 

consolidated assets of $50 billion or 

more are required to submit reports 

using the Comprehensive Capital 

Analysis and Review (CCAR) reporting 

form FR Y–14A.8 The OCC also 

recognizes the Board has modified the 

FR Y–14A reporting form, and to the 

extent practical the OCC will keep its 

reporting requirements consistent with 

the Board’s FR Y–14A in order to 

minimize burden on covered 

institutions.9 Therefore, the OCC is 

revising its reporting requirements to 

remain consistent with the Board’s FR 

Y–14A for covered institutions with 

total consolidated assets of $50 billion 


wreier-aviles on DSK5TPTVN1PROD with NOTICES