66978 Federal Register / Vol. 66, No. 248 / Thursday, December 27, 2001 / Notices

(f) The Performance Goal Setting

Criterion (the extent to which the

project has specific, measurable, and

relevant performance goals): 10 points.

(g) The Experience/Track Record

Criterion (the extent to which the

applicant and other participating

entities have previous experience on

projects of a similar scale and scope,

and have a track record of success in

carrying out such projects): 10 points.

(h) The Management Capability

Criterion (the extent to which the

management team has the demonstrated

ability to manage projects): 5 points.

In order to be considered eligible to

advance to the next phase of substantive

review, an applicant must receive a

minimum score of 50 points.

Conditional Selection/Second Phase

Review

Once the initial evaluation is

completed, Treasury will determine

which of those applications that

received at least 50 points will be

conditionally selected based on the

Phase One scores and the amount of

funds available. In addition, Treasury

will seek to conditionally select a group

of applicants whose projects are

geographically diverse, e.g., covering

metropolitan, nonmetropolitan, and

rural areas as well as different regions

of the United States.

Once Treasury determines which

applicants have been conditionally

selected, Treasury will contact such

applicants and may interview third

parties to obtain clarifying or confirming

information on each conditionally

selected applicant. Once such

information has been collected and

analyzed, Treasury staff will make a

recommendation to the Treasury

selecting official who will make a final

funding decision based on the

applicant’s file including, without

limitation, Phase One evaluations and

Phase Two recommendations, the

amount of funds available, and

geographic and institutional diversity

considerations.

Award Requirements

Each awardee will be required to

enter into a grant agreement with

Treasury before it may begin project

activities and receive a Treasury

disbursement of grant funds. The terms

and requirements for funding will be set

forth in both a Notice of Award and the

grant agreement. Some of these

requirements are as follows:

(a) Grant funds can only be used for

the purposes set forth in the grant

agreement.

(b) Each awardee will be responsible

for completing the project and

expending the grant funds within the

time period set forth in the grant

agreement.

(c) Each awardee will be required to

submit periodic reports and a final

report to Treasury.

Authority: Pub. L. 106–554, 114 Stat. 2763,

2763A–126; Pub. L. 106–346, 114 Stat. 1356,

1356A–44; 31 U.S.C. 321.

Dated: December 17, 2001.

Sheila C. Bair,

Assistant Secretary for Financial Institutions.

[FR Doc. 01–31818 Filed 12–26–01; 8:45 am]

BILLING CODE 4810–25–P

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the

Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE

CORPORATION

Agency Information Collection

Activities: Submission for OMB

Review; Joint Comment Request

AGENCY: Office of the Comptroller of the

Currency (OCC), Treasury; Board of

Governors of the Federal Reserve

System (Board); and Federal Deposit

Insurance Corporation (FDIC).

ACTION: Notice of information collection

to be submitted to OMB for review and

approval under the Paperwork

Reduction Act of 1995.

SUMMARY: In accordance with the

requirements of the Paperwork

Reduction Act of 1995 (44 U.S.C.

chapter 35), the OCC, the Board, and the

FDIC (collectively, the ‘‘agencies’’) 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. On September 18, 2001, the

agencies, under the auspices of the

Federal Financial Institutions

Examination Council (FFIEC), published

a notice in the Federal Register (66 FR

48166) requesting public comment on

the extension, without revision, of the

currently approved information

collection: Report on Indebtedness of

Executive Officers and Principal

Shareholders and their Related Interests

to Correspondent Banks (FFIEC 004).

The comment period for this notice

expired on November 19, 2001. No

comments were received. The agencies

are now submitting requests to OMB for

approval of the extension, without

revision, of the FFIEC 004 report.

DATES: Comments must be submitted on

or before January 28, 2002.

ADDRESSES: Interested parties are

invited to submit written comments to

any or all of the agencies. All comments

should refer to the OMB control

number(s) and will be shared among the

agencies.

OCC: Written comments should be

submitted to the Communications

Division, Office of the Comptroller of

the Currency, 250 E Street, S.W., Public

Information Room, Mailstop 1–5,

Attention: 1557–0070, Washington, D.C.

20219. In addition, comments may be

sent by facsimile transmission to (202)

874–4448, or by electronic mail to

regs.comments@occ.treas.gov.

Comments will be available for

inspection and photocopying at the

OCC’s Public Information Room, 250 E

Street, S.W., Washington, D.C. 20219.

Appointments for inspection of

comments may be made by calling (202)

874–5043.

Board: Comments may be mailed to

Ms. Jennifer J. Johnson, Secretary, Board

of Governors of the Federal Reserve

System, 20th Street and Constitution

Avenue, N.W., Washington, DC 20551.

However, because paper mail in the

Washington area and at the Board of

Governors is subject to delay, please

consider submitting your comments by

e–mail to

regs.comments@federalreserve.gov, or

faxing them to the Office of the

Secretary at 202–452–3819 or 202–452–

3102. Comments addressed to Ms.

Johnson may also be delivered to the

Board’s mail facility in the West

Courtyard between 8:45 a.m. and 5:15

p.m., located on 21st Street between

Constitution Avenue and C Street, N.W.

Members of the public may inspect

comments in Room MP–500 between

9:00 a.m. and 5:00 p.m. on weekdays

pursuant to 261.12, except as provided

in 261.14, of the Board’s Rules

Regarding Availability of Information,

12 CFR 261.12 and 261.14.

FDIC: Written comments should be

addressed to Robert E. Feldman,

Executive Secretary, Attention:

Comments/OES, Federal Deposit

Insurance Corporation, 550 17th Street,

N.W., Washington, D.C. 20429.

Comments may be hand–delivered to

the guard station at the rear of the 550

17th Street Building (located on F

Street) on business days between 7:00

a.m. and 5:00 p.m. [FAX number (202)

898–3838; Internet address:

comments@fdic.gov]. Comments may be

inspected and photocopied in the FDIC

Public Information Center, Room 100,

801 17th Street, N.W., Washington, D.C.,

Federal Register / Vol. 66, No. 248 / Thursday, December 27, 2001 / Notices 66979

between 9:00 a.m. and 4:30 p.m. on

business days.

A copy of the comments may also be

submitted to the OMB desk officer for

the agencies: Alexander T. Hunt, Office

of Information and Regulatory Affairs,

Office of Management and Budget, New

Executive Office Building, Room 3208,

Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT:

Additional information or a copy of the

collection may be requested from:

OCC: Jessie Dunaway, OCC Clearance

Officer, or Camille Dixon, (202) 874–

5090, Legislative and Regulatory

Activities Division, Office of the

Comptroller of the Currency, 250 E

Street, S.W., Washington, D.C. 20219.

Board: Mary M. West, Federal Reserve

Board Clearance Officer, (202) 452–

3829, Division of Research and

Statistics, Board of Governors of the

Federal Reserve System, 20th and C

Streets, N.W., Washington, D.C. 20551.

Telecommunications Device for the Deaf

(TDD) users may contact Capria

Mitchell (202) 872-4984, Board of

Governors of the Federal Reserve

System, 20th and C Streets, N.W.,

Washington, D.C. 20551.

FDIC: Steven F. Hanft, FDIC Clearance

Officer, (202) 898–3907, Office of the

Executive Secretary, Federal Deposit

Insurance Corporation, 550 17th Street

N.W., Washington, D.C. 20429.

SUPPLEMENTARY INFORMATION:

Proposal to extend, without revision,

the following currently approved

collection of information:

Report Title: Report on Indebtedness of

Executive Officers and Principal

Shareholders and their Related Interests

to Correspondent Banks

Form Number: FFIEC 004

Frequency of Response: Annually (for

executive officers and principal

shareholders), and on occasion (for

national, state member and insured state

nonmember banks)

Affected Public: Individuals or

households, Businesses or other for–

profit

For OCC:

OMB Number: 1557–0070

Number of Respondents: 25,300

(23,000 executive officers and principal

shareholders fulfilling recordkeeping

burden, 2,300 national banks fulfilling

recordkeeping and disclosure burden)

Estimated Average Hours per

Response: 2.25 hours

Estimated Total Annual Burden:

56,925 hours

For Board:

OMB Number: 7100–0034

Number of Respondents: 4,955 (3,964

executive officers and principal

shareholders fulfilling recordkeeping

burden, 991 state member banks

fulfilling recordkeeping and disclosure

burden)

Estimated Average Hours per

Response: 1.12 hours

Estimated Total Annual Burden:

5,551 hours

For FDIC:

OMB Number: 3064–0023

Estimated Number of Respondents:

27,495 (21,996 executive officers and

principal shareholders fulfilling

recordkeeping burden, 5,499 insured

state nonmember banks fulfilling

recordkeeping and disclosure burden) Estimated Average Hours per

Response: 1.8 hours

Estimated Total Annual Burden:

49,491 hours

General Description of Report: This

information collection is mandatory: 12

U.S.C. 1972(2)(G) (all); 12 U.S.C.

375(a)(6) and (10), and 375(b)(10)

(Board); 12 CFR 31.2, 12 U.S.C. 1817(k)

and 12 U.S.C. 93a (OCC); 12 CFR 349.3,

12 CFR 349.4, and 12 CFR 304.5(e)

(FDIC). Copies of the reports in the

possession of the agencies may be

exempt from disclosure under sections

(b)(4), (6), and (8) of the Freedom of

Information Act (5 U.S.C. 552 (b)(4), (6),

and (8)).

Abstract: Executive officers and

principal shareholders of insured banks

must file with the bank the information

contained in the FFIEC 004 report on

their indebtedness and that of their

related interests to correspondent banks.

The information contained in the FFIEC

004 report is prescribed by statute and

regulation, as cited above. Banks must

retain these reports or reports

containing similar information and

fulfill other recordkeeping

requirements, such as furnishing

annually a list of their correspondent

banks to their executive officers and

principal shareholders. Banks also have

certain disclosure requirements for this

information collection.

Current Actions: The agencies

received no comments on their joint

proposal to extend, without revision,

the FFIEC 004 report, which was

published on September 18, 2001 (66 FR

48166). The agencies are now

submitting requests to OMB for

approval of an extension, without

revision, of this report. In their requests,

the agencies are requesting an

expiration date of March 31, 2004,

which corresponds to the Office of

Thrift Supervision’s expiration date for

the FFIEC 004 report.

Request for Comment

Comments are invited on:

a. Whether the information

collections are necessary for the proper

performance of the agencies’ functions,

including whether the information has

practical utility;

b. The accuracy of the agencies’

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;

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; and

e. Estimates of capital or start up costs

and costs of operation, maintenance,

and purchase of services to provide

information.

Comments submitted in response to

this notice will be shared among the

agencies. All comments will become a

matter of public record. Written

comments should address the accuracy

of the burden estimates and ways to

minimize burden including the use of

automated collection techniques or the

use of other forms of information

technology as well as other relevant

aspects of the information collection

request.

December 17, 2001.

Mark J. Tenhundfeld

Assistant Director, Legislative and Regulatory

Activities Division, Office of the Comptroller

of the Currency

Board of Governors of the Federal Reserve

System, December 19, 2001.

Jennifer J. Johnson

Secretary of the Board

Dated at Washington, D.C., this 14th day of

December 12, 2001.

Federal Deposit Insurance Corporation.

Robert E. Feldman

Executive Secretary

[FR Doc. 01–31694 Filed 12–26–01; 8:45 am]

BILLING CODES OCC: 4810–33–S 1/3; Board: 6210–01-S

1/3; FDIC: 6714–01–S 1/3

DEPARTMENT OF VETERANS

AFFAIRS

[OMB Control No. 2900–0507]

Agency Information Collection

Activities Under OMB Review

AGENCY: Veterans Benefits

Administration, Department of Veterans

Affairs.

ACTION: Notice.

SUMMARY: In compliance with the

Paperwork Reduction Act (PRA) of 1995

(44 U.S.C., 3501 et seq.), this notice

announces that the Veterans Benefits

Administration (VBA), Department of