Temporary Liquidity Guarantee Program -- Emergency Guarantee Facility

ICR 201210-3064-005

OMB: 3064-0172

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2012-10-29
IC Document Collections
ICR Details
3064-0172 201210-3064-005
Historical Active 200910-3064-002
FDIC
Temporary Liquidity Guarantee Program -- Emergency Guarantee Facility
Extension without change of a currently approved collection   No
Regular
Approved without change 12/09/2012
Retrieve Notice of Action (NOA) 10/31/2012
  Inventory as of this Action Requested Previously Approved
12/31/2015 36 Months From Approved 12/31/2012
12 0 12
48 0 48
0 0 0

This Notice of Proposed Rulemaking offers two alternatives for phasing out the Debt Guarantee Program (DGP), a component of the Temporary Liquidity Guarantee Program. Under Alternative A, the DGP would expire as provided for by the FDIC's existing regulation on October 31, 2009, with the FDIC's guarantee for such debt expiring no later than December 31, 2012. Under Alternative B, a new IC is created. The DGP will expire as provided for in the current regulation, however, the FDIC would establish a limited six-month emergency guarantee facility to be made available in emergency circumstances to insured depository institutions and certain other entities participating in the DGP upon application to the FDIC and with the approval of the Chairman, after consultation with the Board.

US Code: 12 USC 1819(a) Name of Law: Tenth Name of Law: Federal Deposit Insurance Act
   US Code: 12 USC 1819(d)(1) Name of Law: Federal Deposit Insurance Act
   US Code: 12 USC 1823(c)(4)(G) Name of Law: Federal Deposit Insurance Act
  
None

Not associated with rulemaking

  77 FR 45609 08/01/2012
77 FR 65881 10/31/2012
No

1
IC Title Form No. Form Name
Temporary Liquidity Guarantee Program --Emergency Guarantee Facility

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 12 12 0 0 0 0
Annual Time Burden (Hours) 48 48 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

No
No
No
No
No
Uncollected
Gary Kuiper 202 898-3877 gkuiper@fdic.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/31/2012


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