30-Day Federal Register Notice

FR2-0103 Real Estate Appraisals 89 FR 51341 June 17 2024.pdf

Recordkeeping Requirements Associated with Real Estate Appraisals and Evaluations

30-Day Federal Register Notice

OMB: 3064-0103

Document [pdf]
Download: pdf | pdf
Federal Register / Vol. 89, No. 117 / Monday, June 17, 2024 / Notices
themselves should follow the
Notification Procedures below.

POLICIES AND PRACTICES FOR RETRIEVAL OF
RECORDS:

Information in the electronic database
can be retrieved by searching
electronically for the FCC employee’s
name. Information in the paper records
can be retrieved by manual search for
the FCC employee’s name.

The information in this electronic
system is maintained and disposed of in
accordance with the National Archives
and Records Administration (NARA)
General Records Schedule 2.4:
Employee Compensation and Benefits
Records (DAA–GRS–2016–0015).
ADMINISTRATIVE, TECHNICAL, AND PHYSICAL
SAFEGUARDS:

RECORD ACCESS PROCEDURES:

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Individuals wishing to request access
to and/or amendment of records about

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Individuals wishing to determine
whether this system of records contains
information about themselves may do so
by writing to privacy@fcc.gov.
Individuals requesting record access or
amendment must also comply with the
FCC’s Privacy Act regulations regarding
verification of identity as required
under 47 CFR part 0, subpart E.
EXEMPTIONS PROMULGATED FOR THE SYSTEM:

The electronic records, files, and data
are stored within FCC or a vendor’s
accreditation boundaries and
maintained in FCC or vendor’s
computer network databases. Access to
the electronic files is restricted to
authorized employees and contractors;
and to IT staff, contractors, and vendors
who maintain the IT networks and
services. Other employees and
contractors may be granted access on a
need-to-know basis. The electronic files
and records are protected by FCC and
third-party privacy safeguards, a
comprehensive and dynamic set of IT
safety and security protocols and
features that are designed to meet all
Federal privacy standards, including
those required by the Federal
Information Security Modernization Act
of 2014 (FISMA), the Office of
Management and Budget (OMB), and
the National Institute of Standards and
Technology (NIST).
The paper records are stored in file
cabinets located in the HRM office suite.
The file cabinets are locked when not in
use and/or at the end of the business
day. The file cabinets are accessible
only via card-coded security doors.
Access to the file cabinets is restricted
to authorized HRM personnel and FCC
contractors.

17:00 Jun 14, 2024

Individuals wishing to request access
to and/or amendment of records about
themselves should follow the
Notification Procedures below.
NOTIFICATION PROCEDURES:

POLICIES AND PRACTICES FOR RETENTION AND
DISPOSAL OF RECORDS:

VerDate Sep<11>2014

CONTESTING RECORD PROCEDURES:

None.
HISTORY:

76 FR 51975 (August 19, 2011) and 76
FR 55388 (September 7, 2011)
(correction).
Federal Communications Commission.
Marlene Dortch,
Secretary.
[FR Doc. 2024–13269 Filed 6–14–24; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0103; –0163]

Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the request to renew the
existing information collections
described below (OMB Control No.
3064–0103, and –0163). The notice of
the proposed renewal for these
information collections were previously

SUMMARY:

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51341

published in the Federal Register on
March 20, 2024 and March 25, 2024,
allowing for a 60-day comment period.
Comments must be submitted on
or before July 17, 2024.

DATES:

Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• Agency Website: https://
www.fdic.gov/resources/regulations/
federal-register-publications/.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street NW building
(located on F Street NW), on business
days between 7:00 a.m. and 5:00 p.m.
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.

ADDRESSES:

FOR FURTHER INFORMATION CONTACT:

Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
Proposal
to renew the following currently
approved collection of information:
1. Title: Recordkeeping Requirements
Associated with Real Estate Appraisals
and Evaluations.
OMB Number: 3064–0103.
Forms: None.
Affected Public: Insured State
Nonmember Banks and State Savings
Associations.
Burden Estimate:

SUPPLEMENTARY INFORMATION:

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51342

Federal Register / Vol. 89, No. 117 / Monday, June 17, 2024 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDENS
[OMB No. 3064–0103]
Number of
responses per
respondent

Annual
burden
(hours)

Type of burden
(obligation to respond)

Frequency of
response

Recordkeeping Requirements Associated with
Real Estate Appraisals
and Evaluations (12 CFR
323).

Recordkeeping (Mandatory)

On occasion ...

3,038

250

0.083

63,039

.............................................

........................

........................

........................

........................

63,039

Total Annual Burden
Hours.

Number of
respondents

Time per
response
(hours)

IC description

Source: FDIC.

General Description of Collection:
FIRREA directs the FDIC to prescribe
appropriate performance standards for
real estate appraisals connected with
federally related transactions under its
jurisdiction. This information collection
is a direct consequence of the statutory
requirement. It is designed to provide
protection for federal financial and
public policy interests by requiring real
estate appraisals used in connection

with federally related transactions to be
performed in writing, in accordance
with uniform standards, by an appraiser
whose competency has been
demonstrated and whose professional
conduct will be subject to effective
supervision. There is no change in the
methodology or substance of this
information collection. The increase in
estimated annual burden (from 227
hours in 2021 to 250 hours currently) is

due to the increase in the estimated
number of responses.
2. Title: Qualified Financial Contracts
Part 371.
OMB Number: 3064–0163.
Forms: None.
Affected Public: State non-member
banks and savings associations.
Burden Estimate:

SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0163]
Number of
responses per
respondent

Number of
respondents

Time per
response
(HH:MM)

Annual
burden
(hours)

Information collection (IC)
(obligation to respond)

Type of burden
(frequency of response)

1. Full Scope Entities, Implementation (Mandatory).
2. Full Scope Entities, Ongoing
(Mandatory).
3. Limited Scope Entities, Implementation (Mandatory).
4. Limited Scope Entities, Ongoing
(Mandatory).
5. Reporting Requirements for part
371 (Mandatory).

Recordkeeping (Annual) ..................

1

1

6,000:00

6,000

Recordkeeping (Annual) ..................

11

1

250:00

2,750

Recordkeeping (Annual) ..................

3

1

23:30

71

Recordkeeping (Annual) ..................

10

1

11:30

115

Reporting (Annual) ...........................

4

1

6:00

24

Total Annual Burden (Hours) .....

...........................................................

........................

........................

........................

8,960

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Source: FDIC.

General Description of Collection:
This collection consists of
recordkeeping requirements for
qualified financial contracts (QFCs) held
by insured depository institutions in
troubled condition. There is no change
in the methodology or substance of this
information collection. The decrease in
the estimated annual burden (from
10,250 hours in 2021 to 8,960 hours
currently) is due to the decline in the
estimated number of limited scope
entities covered by Part 371.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether

VerDate Sep<11>2014

17:00 Jun 14, 2024

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the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Federal Deposit Insurance Corporation.

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Dated at Washington, DC, on June 12, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024–13250 Filed 6–14–24; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR part
225), and all other applicable statutes
and regulations to become a bank

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