Federal Register / Vol. 82, No. 205 / Wednesday, October 25, 2017 / Notices 49369 

select ‘‘Federal Communications 

Commission’’ from the list of agencies 

presented in the ‘‘Select Agency’’ box, 

(5) click the ‘‘Submit’’ button to the 

right of the ‘‘Select Agency’’ box, (6) 

when the list of FCC ICRs currently 

under review appears, look for the OMB 

control number of this ICR and then 

click on the ICR Reference Number. A 

copy of the FCC submission to OMB 

will be displayed. 

SUPPLEMENTARY INFORMATION: As part of 

its continuing effort to reduce 

paperwork burdens, and as required by 

the Paperwork Reduction Act (PRA) of 

1995 (44 U.S.C. 3501–3520), the Federal 

Communications Commission (FCC or 

the Commission) invites the general 

public and other Federal agencies to 

take this opportunity to comment on the 

following information collection. 

Comments are requested concerning: 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

Commission, including whether the 

information shall have practical utility; 

the accuracy of the Commission’s 

burden estimate; ways to enhance the 

quality, utility, and clarity of the 

information collected; ways to minimize 

the burden of the collection of 

information on the respondents, 

including the use of automated 

collection techniques or other forms of 

information technology; and ways to 

further reduce the information 

collection burden on small business 

concerns with fewer than 25 employees. 

OMB Control Number: 3060–XXXX. 

Title: Part 32 Uniform System of 

Accounts. 

Form Number: N/A. 

Type of Review: New collection. 

Respondents: Business or other forprofit entities. 

Number of Respondents and 

Responses: 1,176 respondents; 2,458 

responses. 

Estimated Time per Response: 20–40 

hours. 

Frequency of Response: One-time, on 

occasion, and annual reporting 

requirements; recordkeeping 

requirements. 

Obligation to Respond: Required to 

obtain or retain benefits. Statutory 

authority for this information collection 

is contained in 47 U.S.C. 10, 201, 219– 

220, 224, 254(k), 272(e)(3), and 403 of 

the Communications Act of 1934, as 

amended, 47 U.S.C. 160, 201, 219–220, 

224, 254(k), 272(e)(3), and 403. 

Total Annual Burden: 103,240 hours. 

Total Annual Cost: No cost. 

Privacy Impact Assessment: No 

impact(s). 

Nature and Extent of Confidentiality: 

Respondents are not being asked to 

submit confidential information to the 

Commission. If the Commission 

requests respondents to submit 

information which respondents believe 

is confidential, respondents may request 

confidential treatment of such 

information under 47 CFR 0.459 of the 

Commission’s rules. 

Needs and Uses: On February 24, 

2017, the Commission released the Part 

32 Order, WC Docket No. 14–130, CC 

Docket No. 80–286, FCC 17–15, which 

minimized the compliance burdens 

imposed by the Uniform System of 

Accounts (USOA) on price cap and rateof-return telephone companies, while 

ensuring that the Commission retains 

access to the information it needs to 

fulfill its regulatory duties. 

The Commission consolidated Class A 

and Class B accounts by eliminating the 

current classification of carriers, which 

divides incumbent LECS into two 

classes for accounting purposes based 

on annual revenues. Carriers subject to 

Part 32’s USOA will now only be 

required to keep Class B accounts. 

Pursuant to the Part 32 Order, price 

cap carriers may elect to use generally 

accepted accounting principles (GAAP) 

for all regulatory accounting purposes if 

they: (1) Establish an ‘‘Implementation 

Rate Difference’’ (IRD) which is the 

difference between pole attachment 

rates calculated under Part 32 and under 

GAAP as of the last full year preceding 

the carrier’s initial opting out of Part 32 

accounting requirements; and (2) adjust 

their annually-computed GAAP-based 

pole attachment rates by the IRD for a 

period of 12 years after the election. 

Alternatively, price cap carriers may 

elect to use GAAP accounting for all 

purposes other than those associated 

with pole attachment rates and continue 

to use the Part 32 accounts and 

procedures applicable to pole 

attachment rates for up to 12 years. 

A price cap carrier may be required to 

submit pole attachment accounting data 

to the Commission for three years 

following the effective date of the rule 

permitting a price cap carrier to elect 

GAAP accounting. If a pole attacher 

informs the Commission of a suspected 

problem with pole attachment rates, the 

Commission will require the price cap 

carrier to file its pole attachment data 

for the state in question. This 

requirement may be extended for an 

additional three years, if necessary. 

The Commission reduced the 

accounting requirements for telephone 

companies with a continuing obligation 

to comply with Part 32 in a number of 

areas. Telephone companies may: (1) 

Carry an asset at its purchase price 

when it was acquired, even if its value 

has increased or declined when it goes 

into regulated service; (2) reprice an 

asset at market value after a merger or 

acquisition consistent with GAAP; (3) 

use GAAP principles to determine 

Allowance-for-Funds-Used-During 

Construction; and (4) employ the GAAP 

standard of materiality. Rate-of-return 

carriers receiving cost-based support 

must determine materiality consistent 

with the general materiality guidelines 

promulgated by the Auditing Standards 

Board. 

Price cap carriers with a continuing 

Part 32 accounting obligation must 

maintain continuing property records 

necessary to track substantial assets and 

investments in an accurate, auditable 

manner. The carriers must make such 

property information available to the 

Commission upon request. Carriers 

subject to Part 32 must continue to 

comply with the USOA’s depreciation 

procedures and its rules for cost of 

removal-and-salvage accounting. 

Federal Communications Commission. 

Katura Jackson, 

Federal Register Liaison Officer, Office of the 

Secretary. 

[FR Doc. 2017–23088 Filed 10–24–17; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL MARITIME COMMISSION 

Notice of Agreements Filed 

The Commission hereby gives notice 

of the filing of the following agreements 

under the Shipping Act of 1984. 

Interested parties may submit comments 

on the agreements to the Secretary, 

Federal Maritime Commission, 

Washington, DC 20573, within twelve 

days of the date this notice appears in 

the Federal Register. A copy of each 

agreement is available through the 

Commission’s Web site (www.fmc.gov) 

or by contacting the Office of 

Agreements at (202) 523–5793 or 

tradeanalysis@fmc.gov. 

Agreement No.: 012034–007. 

Title: Hamburg Sud/Maersk Line 

Vessel Sharing Agreement. 

Parties: Hamburg-Sud and Maersk 

Line A/S. 

Filing Party: Wayne Rohde, Esq.; 

Cozen O’Connor; 1200 Nineteenth Street 

NW., Washington, DC 20036. 

Synopsis: The amendment adds Peru 

to the geographic scope of the 

Agreement. The parties request 

expedited review. 

Agreement No.: 012067–022. 

Title: U.S. Supplemental Agreement 

to HLC Agreement. 

Parties: BBC Chartering Carriers 

GmbH & Co. KG and BBC Chartering & 

Logistic GmbH & Co. KG, as a single 


sradovich on DSK3GMQ082PROD with NOTICES
49370 Federal Register / Vol. 82, No. 205 / Wednesday, October 25, 2017 / Notices 

member; Hanssy Shipping Pte. Ltd.; and 

Industrial Maritime Carriers, L.L.C. 

Filing Party: Wade S. Hooker, Esq.; 

211 Central Park W, New York, NY 

10024. 

Synopsis: The amendment deletes 

Austral Asia Line Pte. Ltd. as a party to 

the ancillary HLC Agreement. 

Agreement No.: 201234. 

Title: Agreement by Ocean Common 

Carriers to Participate on the Exchange 

Board. 

Parties: CMA CGM S.A.; COSCO 

Shipping Co., Ltd., Hapag-Lloyd AG; 

and Mitsui O.S.K. Lines, Ltd. 

Filing Party: Ashley W. Craig, Esq.; 

Venable LLP; 600 Massachusetts Ave. 

NW., Washington, DC 20001. 

Synopsis: The Agreement authorizes 

CMA CGM SA, Hapag-Lloyd AG, Mitsui 

O.S.K. Lines, Ltd., and COSCO Shipping 

Co., Ltd. to serve on the board of New 

York Shipping Exchange Inc. 

(NYSHEX). The parties request 

expedited review. 

Agreement No.: 201235. 

Title: Agreement by Ocean Common 

Carriers to Use Standard Service 

Contract Terms. 

Parties: CMA CGM S.A.; COSCO 

Shipping Co., Ltd., Hapag-Lloyd AG; 

and Mitsui O.S.K. Lines, Ltd. 

Filing Party: Ashley W. Craig, Esq.; 

Venable LLP; 600 Massachusetts Ave. 

NW., Washington, DC 20001. 

Synopsis: The Agreement authorizes 

the Parties to agree upon the use of 

standard terms to be included in the 

NYSHEX Forward Contract template, 

which will form the basis for service 

contracts entered into via the NYSHEX 

platform. The parties request expedited 

review. 

By Order of the Federal Maritime 

Commission. 

Dated: October 19, 2017. 

Rachel E. Dickon, 

Assistant Secretary. 

[FR Doc. 2017–23097 Filed 10–24–17; 8:45 am] 

BILLING CODE 6731–AA–P 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies 

The companies listed in this notice 

have applied to the Board for approval, 

pursuant to the Bank Holding Company 

Act of 1956 (12 U.S.C. 1841 et seq.) 

(BHC Act), Regulation Y (12 CFR part 

225), and all other applicable statutes 

and regulations to become a bank 

holding company and/or to acquire the 

assets or the ownership of, control of, or 

the power to vote shares of a bank or 

bank holding company and all of the 

banks and nonbanking companies 

owned by the bank holding company, 

including the companies listed below. 

The applications listed below, as well 

as other related filings required by the 

Board, are available for immediate 

inspection at the Federal Reserve Bank 

indicated. The applications will also be 

available for inspection at the offices of 

the Board of Governors. Interested 

persons may express their views in 

writing on the standards enumerated in 

the BHC Act (12 U.S.C. 1842(c)). If the 

proposal also involves the acquisition of 

a nonbanking company, the review also 

includes whether the acquisition of the 

nonbanking company complies with the 

standards in section 4 of the BHC Act 

(12 U.S.C. 1843). Unless otherwise 

noted, nonbanking activities will be 

conducted throughout the United States. 

Unless otherwise noted, comments 

regarding each of these applications 

must be received at the Reserve Bank 

indicated or the offices of the Board of 

Governors not later than November 20, 

2017. 

A. Federal Reserve Bank of Atlanta 

(Kathryn Haney, Director of 

Applications) 1000 Peachtree Street, 

NE., Atlanta, Georgia 30309. Comments 

can also be sent electronically to 

Applications.Comments@atl.frb.org: 

1. Commerce Union Bancshares, Inc., 

Brentwood, Tennessee; to merge with 

Community First, Inc., and thereby 

indirectly acquire Community First 

Bank & Trust, both of Columbia, 

Tennessee. 

B. Federal Reserve Bank of 

Minneapolis (Brendan S. Murrin, 

Assistant Vice President) 90 Hennepin 

Avenue, Minneapolis, Minnesota 

55480–0291: 

1. Eagle Bancorp Montana, Inc., 

Helena, Montana; to acquire 100 

percent of TwinCo, Inc., Twin Bridges, 

Montana, and thereby indirectly acquire 

Ruby Valley Bank, Twin Bridges, 

Montana. 

Board of Governors of the Federal Reserve 

System, October 20, 2017. 

Ann Misback, 

Secretary of the Board. 

[FR Doc. 2017–23194 Filed 10–24–17; 8:45 am] 

BILLING CODE P 

FEDERAL RESERVE SYSTEM 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) is 

adopting a proposal to extend for three 

years, with revision, the Application for 

Employment with the Board of 

Governors of the Federal Reserve 

System (FR 28; OMB No. 7100–0181). 

The revisions are applicable as of 

October 31, 2017. 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, Washington, DC 20551, (202) 

452–3829. Telecommunications Device 

for the Deaf (TDD) users may contact 

(202) 263–4869, Board of Governors of 

the Federal Reserve System, 

Washington, DC 20551. 

OMB Desk Officer—Shagufta 

Ahmed—Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

725 17th Street NW., Washington, DC 

20503 or by fax to (202) 395–6974. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, the Office of Management and 

Budget (OMB) delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve of and 

assign OMB control numbers to 

collection of information requests and 

requirements conducted or sponsored 

by the Board. Board-approved 

collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. Copies of the 

Paperwork Reduction Act Submission, 

supporting statements and approved 

collection of information instrument(s) 

are placed into OMB’s public docket 

files. The Federal Reserve may not 

conduct or sponsor, and the respondent 

is not required to respond to, an 

information collection that has been 

extended, revised, or implemented on or 

after October 1, 1995, unless it displays 

a currently valid OMB control number. 

Final Approval Under OMB Delegated 

Authority of the Extension for Three 

Years, With Revision, of the Following 

Report 

Report title: Application for 

Employment with the Board of 

Governors of the Federal Reserve 

System. 

Agency form number: FR 28, FR 28s, 

FR 28i. 

OMB control number: 7100–0181. 

Frequency: As needed. 

Respondents: Individuals. 

Estimated number of respondents: FR 

28: 3,500, FR 28s: 2,000, FR 28i: 300. 

Estimated average hours per response: 

FR 28: 1 hour, FR 28s: 1 minute, FR 28i: 

15 minutes. 


sradovich on DSK3GMQ082PROD with NOTICES