Agency Information Collection Activities: Information Collection Renewal; Comment Request; Investment Securities

Cited as:86 FR 2491
Court:Comptroller Of The Currency
Publication Date:12 Jan 2021
Record Number:2021-00434
2491
Federal Register / Vol. 86, No. 7 / Tuesday, January 12, 2021 / Notices
1
Following the close of this notice’s 60-day
comment period, the OCC will publish a second
notice with a 30-day comment period.
Application
No. Applicant Regulation(s) affected Nature of the special permits thereof
21165–N ....... North Carolina Department of
Agriculture & Consumer
Services.
172.400 ................................... To authorize one-time transportation by highway of certain bi-
ological and infectious substances, dilute pesticide solu-
tions and small quantities of laboratory reference standard
materials from two adjacent facilities to newly constructed
facility. (mode 1)
21167–N ....... KULR Technology Corporation 173.185(a)(1) ........................... To authorize the manufacture, mark, sale, and use of alter-
native packaging for shipments of prototype and low pro-
duction lithium batteries. (modes 1, 2, 3, 4)
21168–N ....... Nexair, LLC ............................. 172.203(a), 180.205(c),
180.209(a), 180.209(b)(1),
180.209(b)(1)(iv).
To authorize the transportation in commerce of certain Divi-
sion 2.1 and 2.2 hazardous materials in DOT Specification
3AL cylinders, cylinders manufactured under DOT–SP
12440, and ISO 7866 cylinders that are requalified every
ten years rather than every five years using 100% ultra-
sonic examination. (modes 1, 2, 3, 4, 5)
21169–N ....... Americase, LLC ....................... 172.200, 172.700(a) ................ To authorize the manufacture, mark, sale, and use of thermal
packaging for the purpose of shipping lithium batteries for
recycling. Shipments are provided limited relief from the
shipping papers and training required in 49 CFR Subparts
C and H of Part 172 of the HMR. (modes 1, 2, 3)
[FR Doc. 2021–00400 Filed 1–11–21; 8:45 am]
BILLING CODE 4909–60–P
DEPARTMENT OF THE TREASURY
Comptroller of the Currency
Agency Information Collection
Activities: Information Collection
Renewal; Comment Request;
Investment Securities
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 respondents are 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 the
renewal of its information collection
titled, ‘‘Investment Securities.’’
DATES
: You should submit written
comments by March 15, 2021.
ADDRESSES
: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
Email: prainfo@occ.treas.gov.
Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0205, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
Fax: (571) 465–4326.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0205’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
You may review comments and other
related materials that pertain to this
information collection beginning on the
date of publication of the second notice
for this collection
1
by the following
method:
Viewing Comments Electronically:
Go to www.reginfo.gov. Click on the
‘‘Information Collection Review’’ tab.
Underneath the ‘‘Currently under
Review’’ section heading, from the drop-
down menu select ‘‘Department of
Treasury’’ and then click ‘‘submit’’. This
information collection can be located by
searching by OMB control number
‘‘1557–0205’’ or ‘‘Investment
Securities.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT
:
Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490, Chief Counsel’s
Office, Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION
: Under the
PRA (44 U.S.C. 3501–3520), Federal
agencies must obtain approval from the
OMB for each collection of information
that 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. Section
3506(c)(2)(A) of title 44 requires Federal
agencies to provide a 60-day notice in
the Federal Register concerning each
proposed collection of information,
including each renewal of an existing
collection of information, before
submitting the collection to OMB for
approval. To comply with this
requirement, the OCC is publishing
notice of the renewal of the collection
of information set forth in this
document.
Title: Investment Securities.
OMB Control No.: 1557–0205.
Description: Under 12 CFR 1.3(h)(2), a
national bank may request an OCC
determination that it may invest in an
entity that is exempt from registration
under section 3(c)(1) of the Investment
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Federal Register / Vol. 86, No. 7 / Tuesday, January 12, 2021 / Notices
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15 U.S.C. 80a–3(c)(1).
Company Act of 1940
2
if the portfolio
of the entity consists exclusively of
assets that a national bank may
purchase and sell for its own account.
The OCC uses the information
contained in the request as a basis for
ensuring that the bank’s investment is
consistent with its investment authority
under applicable law and does not pose
unacceptable risk. Under 12 CFR 1.7(b),
a national bank may request OCC
approval to extend the five-year holding
period for securities held in satisfaction
of debts previously contracted for up to
an additional five years. In its request,
the bank must provide a clearly
convincing demonstration of why the
additional holding period is needed.
The OCC uses the information in the
request to ensure, on a case-by-case
basis, that the bank’s purpose in
retaining the securities is not
speculative and that the bank’s reasons
for requesting the extension are
adequate. The OCC also uses the
information to evaluate the risks to the
bank in extending the holding period,
including potential effects on the bank’s
safety and soundness.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
25.
Estimated Total Annual Burden: 460
hours.
Frequency of Response: On occasion.
Comments submitted in response to this
notice will be summarized and 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
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.
Bao Nguyen,
Principal Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2021–00434 Filed 1–11–21; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Multiemployer Pension Plan
Application To Reduce Benefits
AGENCY
: Department of the Treasury.
ACTION
: Notice of availability; request
for comments.
SUMMARY
: The Board of Trustees of the
Roofers Local No. 88 Pension Fund, a
multiemployer pension plan, has
submitted an application to reduce
benefits under the plan in accordance
with the Multiemployer Pension Reform
Act of 2014 (MPRA). The purpose of
this notice is to announce that the
application submitted by the Board of
Trustees of the Roofers Local No. 88
Pension Fund has been published on
the website of the Department of the
Treasury (Treasury), and to request
public comments on the application
from interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the Roofers Local No. 88
Pension Fund.
DATES
: Comments must be received by
February 26, 2021.
ADDRESSES
: You may submit comments
electronically through the Federal
eRulemaking Portal at http://
www.regulations.gov, in accordance
with the instructions on that site.
Commenters are strongly encouraged to
submit public comments electronically.
Treasury expects to have limited
personnel available to process public
comments that are submitted on paper
through mail. Until further notice, any
comments submitted on paper will be
considered to the extent practicable.
Comments may be mailed to the
Department of the Treasury, MPRA
Office, 1500 Pennsylvania Avenue NW,
Room 1224, Washington, DC 20220,
Attn: Danielle Norris. Comments sent
via facsimile, telephone, or email will
not be accepted.
Additional Instructions. All
comments received, including
attachments and other supporting
materials, will be made available to the
public. Do not include any personally
identifiable information (such as your
Social Security number, name, address,
or other contact information) or any
other information in your comment or
supporting materials that you do not
want publicly disclosed. Treasury will
make comments available for public
inspection and copying on
www.regulations.gov or upon request.
Comments posted on the internet can be
retrieved by most internet search
engines.
FOR FURTHER INFORMATION CONTACT
: For
information regarding the application
from the Roofers Local No. 88 Pension
Fund, please contact Treasury at (202)
622–1534 (not a toll-free number).
SUPPLEMENTARY INFORMATION
: MPRA
amended the Internal Revenue Code to
permit a multiemployer plan that is
projected to have insufficient funds to
reduce pension benefits payable to
participants and beneficiaries if certain
conditions are satisfied. In order to
reduce benefits, the plan sponsor is
required to submit an application to the
Secretary of the Treasury, which must
be approved or denied in consultation
with the Pension Benefit Guaranty
Corporation (PBGC) and the Department
of Labor.
On December 15, 2020, the Roofers
Local No. 88 Pension Fund’s Board of
Trustees submitted an application for
approval to reduce benefits under the
plan. As required by MPRA, that
application has been published on
Treasury’s website at https://
home.treasury.gov/services/the-
multiemployer-pension-reform-act-of-
2014/applications-for-benefit-
suspension. Treasury is publishing this
notice in the Federal Register, in
consultation with PBGC and the
Department of Labor, to solicit public
comments on all aspects of the Roofers
Local No. 88 Pension Fund’s
application.
Comments are requested from
interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the Roofers Local No. 88
Pension Fund. Consideration will be
given to any comments that are timely
received by Treasury.
David Kautter,
Assistant Secretary for Tax Policy.
[FR Doc. 2021–00392 Filed 1–11–21; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0089]
Agency Information Collection Activity
Under OMB Review: Statement of
Dependency of Parent(s)
AGENCY
: Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION
: Notice.
SUMMARY
: In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Benefits Administration,
Department of Veterans Affairs, will
submit the collection of information
abstracted below to the Office of
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