Agency Information Collection Activities; Proposals, Submissions, and Approvals

Federal Register: January 27, 2009 (Volume 74, Number 16)

Notices

Page 4829

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr27ja09-85

DEPARTMENT OF THE TREASURY

Submission for OMB Review; Comment Request

January 16, 2009.

The Department of the Treasury has submitted the following public information collection requirement(s) to OMB for emergency review, and it has been approved under the Paperwork Reduction Act of 1995, Public

Law 104-13. To allow interested persons to comment on this information collection, the Department is publishing this notice and plans to submit a request for a three-year extension of OMB's approval. Copies of the submission(s) may be obtained by calling the Treasury Bureau

Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the

Treasury Department Clearance Officer, Department of the Treasury, Room 11020, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before March 30, 2009 to be assured of consideration.

Office of Financial Stability

OMB Number: 1505-0210.

Type of Review: Extension.

Title: Troubled Assets Relief Program (TARP) Capital Purchase

Program (CPP) Monthly Survey.

Description: Authorized under the Emergency Economic Stabilization

Act (EESA) of 2008 (Pub. L. 110-343), the Department of the Treasury has implemented several aspects of the Troubled Asset Relief Program.

Among these components is a voluntary Capital Purchase Program (CPP) under which the Department may purchase qualifying capital in U.S. banking organizations. The Treasury invested capital through this program in over 250 financial institutions. As part of this program,

Treasury would like to track how the capital is being used, and whether these capital injections are having the desired effect of ensuring liquidity within the banking system and thereby increasing lending activity. The Treasury will be conducting evaluations using quarterly

Call Report data supplied by these financial institutions to their primary regulator. However, in order to have a more frequent and timely snapshot of the current lending environment, Treasury is requesting the ability to conduct a monthly survey of the 20 largest institutions by loans outstanding in order to supplement the quarterly analysis.

Respondents: Businesses and other for-profit institutions.

Estimated Total Reporting Burden: 12,000 hours.

Clearance Officer: Suzanne Tosini, Treasury Office of Financial

Stability, 1801 L Street, NW., Washington, DC 20220, (202) 927-9627.

Robert Dahl,

Treasury PRA Clearance Officer.

FR Doc. E9-1628 Filed 1-26-09; 8:45 am

BILLING CODE 4810-35-P