97-14214. Information Collection; Submission for OMB Review; Comment Request

[Federal Register Volume 62, Number 105 (Monday, June 2, 1997)]
[Notices]
[Pages 29779-29780]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-14214]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Information Collection; Submission for OMB Review; Comment 
Request

AGENCY: Office of the Comptroller of the Currency, Treasury.

ACTION: Submission for OMB review; comment request.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (44 U.S.C. Chapter 35), the Office of the Comptroller of 
the Currency (OCC) hereby gives notice that it has sent to the Office 
of Management and Budget

[[Page 29780]]

(OMB) for review an information collection titled Leasing (12 CFR part 
23).

DATES: Comments regarding this information collection are welcome and 
should be submitted to the OMB Reviewer and the OCC. Comments are due 
on or before July 2, 1997.

ADDRESSES: A copy of the of the submission may be obtained by calling 
the OCC Contact listed. Direct all written comments to the OMB Reviewer 
listed and the Communications Division, Attention: 1557-0206, Third 
Floor, Office of the Comptroller of the Currency, 250 E Street, SW, 
Washington, DC 20219. In addition, comments may be sent by facsimile 
transmission to [phone], or by electronic mail to 
[email protected]

SUPPLEMENTARY INFORMATION:

    OMB Number: 1557-0206.
    Form Number: Not applicable.
    Type of Review: Renewal of OMB approval.
    Title: Leasing (12 CFR 23).
    Description: This submission covers a renewal without change of the 
information collections currently contained in 12 CFR Part 23. The 
collection of information requirements are found in 12 CFR 23.4(c) and 
12 CFR 23.5. Section 23.4(c) requires national banks to provide certain 
information if they request OCC approval to extend the holding period 
for off-lease property. The OCC uses this information to evaluate these 
requests under applicable law and regulations and principles of bank 
safety and soundness. Section 23.5 requires that, if a national bank 
enters into both CEBA (12 U.S.C. 24 (Tenth)) leases and 12 U.S.C. 24 
(Seventh) leases, the bank's records must distinguish between CEBA 
leases and 12 U.S.C. 24 (Seventh) leases. Banks and the OCC use this 
information to determine compliance with the laws and regulations that 
impose certain limits on leasing activities.
    Respondents: Businesses or other for-profit.
    Number of Respondents: 660.
    Total Annual Responses: 710.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 1,820 hours.
    OCC Contact: Jessie Gates or Dionne Walsh, [phone], 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street, SW, Washington, DC 20219.
    OMB Reviewer: Alexander Hunt, [phone], Paperwork Reduction 
Project 1557-0206, Office of Management and Budget, Room 10226, New 
Executive Office Building, Washington, DC 20503.
    The OCC may not conduct or sponsor, and a 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.
    Comments are invited on: (a) Whether the collections of information 
described in this notice are necessary for the proper performance of 
the OCC's functions, including whether the information has practical 
utility; (b) the accuracy of the OCC's estimate of the burden of the 
information collection; (c) ways to enhance the quality, utility, and 
clarity of the information; (d) ways to minimize the burden of the 
information collection on respondents, including through the use of 
automated collection techniques or other forms of information 
technology; and (e) estimates of capital or startup costs and costs of 
operation, maintenance, and purchase of services to provide the 
information.

    Dated: May 27, 1997.
 Karen Solomon,
Director, Legislative and Regulatory Activities Division.
[FR Doc. 97-14214 Filed 5-29-97; 8:45 am]
BILLING CODE 4810-33-P