Submission for OMB Review; Comment Request

CourtNational Credit Union Administration
Citation86 FR 59758
Published date28 October 2021
Record Number2021-23451
59758
Federal Register / Vol. 86, No. 206 / Thursday, October 28, 2021 / Notices
notice, and to authorize the
administrative law judge and the
Commission, without further notice to
the respondent, to find the facts to be as
alleged in the complaint and this notice
and to enter an initial determination
and a final determination containing
such findings, and may result in the
issuance of an exclusion order or a cease
and desist order or both directed against
the respondent.
By order of the Commission.
Issued: October 22, 2021.
Lisa Barton,
Secretary to the Commission.
[FR Doc. 2021–23447 Filed 10–27–21; 8:45 am]
BILLING CODE 7020–02–P
NATIONAL CREDIT UNION
ADMINISTRATION
Submission for OMB Review;
Comment Request
AGENCY
: National Credit Union
Administration (NCUA).
ACTION
: Notice.
SUMMARY
: The National Credit Union
Administration (NCUA) will submit the
following extensions of currently
approved information collection
requests to the Office of Management
and Budget (OMB) for review and
clearance in accordance with the
Paperwork Reduction Act of 1995, on or
after the date of publication of this
notice.
DATES
: Comments should be received on
or before November 29, 2021 to be
assured of consideration.
ADDRESSES
: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT
:
Copies of the submission may be
obtained by contacting Dawn Wolfgang
at (703) 548–2279, emailing
PRAComments@ncua.gov, or viewing
the entire information collection request
at www.reginfo.gov.
SUPPLEMENTARY INFORMATION
:
OMB Number: 3133–0138.
Title: Community Development
Revolving Loan Fund—Loan and Grant
Programs, 12 CFR part 705.
Abstract: NCUA’s Community
Development Revolving Loan Fund
(CDRLF or Fund) was established by
Congress (Pub. L. 96–123, November 20,
1979) to stimulate economic
development in low-income
communities. Part 705 was adopted by
the Board under section 130 of the
Federal Credit Union Act (12 U.S.C.
1772c–1), which implements the
Community Development Credit Union
Revolving Loan Fund Transfer Act (Pub.
L. 99–609, 100 Stat. 3475 (Nov. 6.
1986)).
The Fund is used to support credit
unions that serve low-income
communities by providing loans and
technical assistance grants to qualifying
institutions. The programs are designed
to increase income, ownership, and
employment opportunities for low-
income residents, and to stimulate
economic growth. In addition, the
programs provide assistance to improve
the quality of services to the community
and formulate more effective and
efficient operations of credit unions.
The information will allow NCUA to
assess a credit union’s capacity to repay
the Funds and/or ensure that the funds
are used as intended to benefit the
institution and community it serves.
Affected Public: Private Sector: Not-
for-profit institutions.
Estimated Total Annual Burden
Hours: 760.
OMB Number: 3133–0183.
Title: Golden Parachute and
Indemnification Payments, 12 CFR part
750.
Abstract: This rule prohibits, in
certain circumstances, a federally
insured credit union (FICU) from
making golden parachute and
indemnification payments to an
institution-affiliated party (IAP). Section
750.4 prescribed written concurrence of
the appropriate state supervisory
authority, if applicable; § 750.5 covers
recordkeeping requirements of
permissible indemnification payments,
and § 750.6 requires requests by a
troubled FICU to make a severance or
golden parachute payment to an IAP, to
be submitted in writing to NCUA. The
information will be used by the NCUA
to determine whether an exception to
the general prohibition on golden
parachute payments should be
approved.
Affected Public: Private Sector: Not-
for-profit institutions.
Estimated Total Annual Burden
Hours: 19.
OMB Number: 3133–0184.
Title: Requirements for Insurance-
Interest Rate Risk Policy.
Abstract: Section 741.3(b)(5) of
NCUA’s rules and regulations requires
federally-insured credit unions with
assets of more than $50 million to
develop, as a prerequisites for
insurability of its member deposits, a
written interest rate risk management
policy and a program to effectively
implement the policy. The need for
FICU to have a written policy to
establish responsibilities and
procedures for identifying, measuring,
monitoring, controlling, and reporting,
and establishing risk limits are essential
components of safe and sound credit
union operations and to ensure the
security of the National Credit Union
Share Insurance Fund (NCUSIF).
Affected Public: Private Sector: Not-
for-profit institutions.
Estimated Total Annual Burden
Hours: 773.
OMB Number: 3133–0197.
Title: Safe Harbor; Treatment of
Financial Assets Transferred in
Connection with a Securitization or
Participation.
Abstract: Section 709.9 clarifies the
conditions for a safe harbor for
securitization or participation and sets
forth safe harbor protections for
securitizations that do not comply with
the new accounting standards for off
balance sheet treatment by providing for
expedited access to the financial assets
that are securitized if they meet the
conditions defined in the rule. The
conditions contained in the rule will
serve to protect the National Credit
Union Share Insurance Fund (NCUSIF)
and NCUA’s interests as liquidating
agent or conservator by aligning the
conditions for the safe harbor with
better and more sustainable lending
practices by insured credit unions
(FICUs).
Affected Public: Private Sector: Not-
for-profit institutions.
Estimated Total Annual Burden
Hours: 514.
OMB Number: 3133–0198.
Title: Appeals Procedures, 12 CFR
746, subpart B.
Abstract: Part 746, subpart B, will
govern most authorized appeals to the
Board of adverse determinations made
at program office levels under agency
regulations that permit such an appeal.
The procedures apply to federal credit
unions (FCUs), federally insured, state-
chartered credit unions (FISCUs), or
certain institution affiliated parties
(IAPs) such as officers or directors when
appealing an adverse agency
determination under one of the rules to
which part 746, subpart B, would apply.
The procedures are intended to result in
greater efficiency, consistency, and
better understanding of the way in
which matters under covered
regulations may be appealed to the
Board.
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59759
Federal Register / Vol. 86, No. 206 / Thursday, October 28, 2021 / Notices
Affected Public: Private Sector: Not-
for-profit institutions.
Estimated Total Annual Burden
Hours: 440.
OMB Number: 3133–0199.
Title: Capital Planning and Stress
Testing, 12 CFR part 702, subpart E.
Abstract: To protect the National
Credit Union Share Insurance Fund
(NCUSIF) and the credit union system,
the largest Federally Insured Credit
Unions (FICUs) must have systems and
processes to monitor and maintain their
capital adequacy. The rule requires
covered credit unions to develop and
maintain a capital plan and submit this
plan to NCUA by March 31 of each year.
The rule applies to all FICUs that report
$10 billion or more in assets on their
March 31 Call Report.
Affected Public: Private Sector: Not-
for-profit institutions.
Estimated Total Annual Burden
Hours: 4,030.
Dated: October 25, 2021.
By Melane Conyers-Ausbrooks, Secretary
of the Board, the National Credit Union
Administration, on October 22, 2021.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2021–23451 Filed 10–27–21; 8:45 am]
BILLING CODE 7535–01–P
NATIONAL FOUNDATION ON THE
ARTS AND THE HUMANITIES
National Endowment for the Arts
Tribal Consultation Policy
AGENCY
: National Endowment for the
Arts, National Foundation on the Arts
and the Humanities.
ACTION
: Notice.
SUMMARY
: The National Endowment for
the Arts (NEA) is an independent
federal agency whose funding helps to
support cultural programs nationwide.
Established in 1965, the NEA’s budget
appropriation in FY21 was $167.5
million, which is utilized in the form of
project and partnership grants, special
initiatives, and honorific fellowships to
support arts learning, affirm and
celebrate America’s rich and diverse
cultural heritage, and to extend and
promote equal access to the arts in every
community.
FOR FURTHER INFORMATION CONTACT
:
Clifford Murphy, Director of Folk &
Traditional Arts, phone: 202–682–5726,
or by email to murphyc@arts.gov or
NativeArts@arts.gov.
SUPPLEMENTARY INFORMATION
: In
response to President Biden’s January
26, 2021 Memorandum on Tribal
Consultation and Strengthening Nation-
to-Nation Relationships (https://
www.whitehouse.gov/briefing-room/
presidential-actions/2021/01/26/
memorandum-on-tribal-consultation-
and-strengthening-nation-to-nation-
relationships/), the National
Endowment for the Arts is pleased to
share its Tribal Consultation Policy
(https://www.arts.gov/sites/default/files/
Tribal%20Consultation%20Policy%20
NEA%202021%20Final.pdf).
The policy is in keeping with the NEA
draft Plan of Action for Tribal
Consultation (https://www.arts.gov/
sites/default/files/NEA-Tribal-
Consultation-Plan-of-Action-
4.26.21.pdf), which was informed by a
tribal consultation call on April 7, 2021,
and was informed by ongoing agency
engagement with Native artists,
organizations, and cultural leaders. A
draft consultation policy was formally
reviewed in consultation with tribal
leaders on August 10, 2021 (summary:
https://www.arts.gov/sites/default/files/
NEA-August-2021-Tribal-Consultation-
Summary-9.9.21.pdf).
Dated: October 22, 2021.
Meghan Jugder,
Support Services Specialist, Office of
Administrative Services & Contracts, National
Endowment for the Arts.
[FR Doc. 2021–23430 Filed 10–27–21; 8:45 am]
BILLING CODE 7537–01–P
NATIONAL FOUNDATION ON THE
ARTS AND THE HUMANITIES
National Endowment for the Arts
Arts Advisory Panel Meetings
AGENCY
: National Endowment for the
Arts.
ACTION
: Notice of meetings.
SUMMARY
: Pursuant to the Federal
Advisory Committee Act, as amended,
notice is hereby given that 9 meetings of
the Arts Advisory Panel to the National
Council on the Arts will be held by
teleconference or videoconference.
DATES
: See the
SUPPLEMENTARY
INFORMATION
section for individual
meeting times and dates. All meetings
are Eastern time and ending times are
approximate:
ADDRESSES
: National Endowment for the
Arts, Constitution Center, 400 7th St.
SW, Washington, DC 20506.
FOR FURTHER INFORMATION CONTACT
:
Further information with reference to
these meetings can be obtained from Ms.
Sherry Hale, Office of Guidelines &
Panel Operations, National Endowment
for the Arts, Washington, DC 20506;
hales@arts.gov, or call 202/682–5696.
SUPPLEMENTARY INFORMATION
: The
closed portions of meetings are for the
purpose of Panel review, discussion,
evaluation, and recommendations on
financial assistance under the National
Foundation on the Arts and the
Humanities Act of 1965, as amended,
including information given in
confidence to the agency. In accordance
with the determination of the Chairman
of September 10, 2019, these sessions
will be closed to the public pursuant to
subsection (c)(6) of section 552b of title
5, United States Code.
The upcoming meetings are:
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 17, 2021, 1:00 p.m. to
3:00 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 17, 2021, 2:30 p.m. to
4:30 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 17, 2021, 3:00 p.m. to
5:00 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 17, 2021, 3:30 p.m. to
5:30 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 18, 2021, 1:00 p.m. to
3:00 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 18, 2021, 2:00 p.m. to
4:00 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 18, 2021, 2:30 p.m. to
4:30 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 18, 2021, 3:00 p.m. to
5:00 p.m.
American Rescue Plan Grants to
Organizations (review of applications):
This meeting will be closed. Date and
time: November 18, 2021, 3:30 p.m. to
5:30 p.m.
Dated: October 25, 2021.
Sherry P. Hale,
Staff Assistant, National Endowment for the
Arts.
[FR Doc. 2021–23452 Filed 10–27–21; 8:45 am]
BILLING CODE 7537–01–P
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