[Federal Register Volume 64, Number 166 (Friday, August 27, 1999)]
[Notices]
[Page 46970]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 99-22273]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, Public Law 104-13. Today, the Office of Thrift Supervision within 
the Department of the Treasury solicits comments on the Service 
Corporation Activity Collection Package.

DATES: Submit written comments on or before October 26, 1999.

ADDRESSES: Send comments to Manager, Dissemination Branch, Information 
Management and Services Division, Office of Thrift Supervision, 1700 G 
Street, NW., Washington, DC 20552, Attention 1550-0013. Hand deliver 
comments to the Public Reference Room, 1700 G Street, NW., lower level, 
from 9:00 a.m. to 4:00 p.m. on business days. Send facsimile 
transmissions to FAX Number (202) 906-7755; or (202) 906-6956 (if 
comments are over 25 pages). Send e-mails to 
``public.info@ots.treas.gov'', and include your name and telephone 
number. Interested persons may inspect comments at the Public Reference 
Room, 1700 G St. N.W., from 9:00 a.m. until 4:00 p.m. on business days.

FOR FURTHER INFORMATION CONTACT: Nadine Washington, Supervision, Office 
of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, (202) 
906-6706.

SUPPLEMENTARY INFORMATION:
    Title: Service Corporation Activity.
    OMB Number: 1550-0013.
    Form Number: None.
    Abstract: 12 CFR Section 545.74 requires savings associations to 
obtain approval or notify the OTS prior to engaging in activities 
through a service corporation that are not preapproved by regulation. 
It also contains a recordkeeping requirement for securities brokerage 
services. 12 CFR Section 559.12 governs the issuance of securities. 
These requirements allow the OTS to review service corporation 
activities and to ensure that they will not adversely affect an 
institution's safety and soundness.
    Current Actions: OTS proposes to renew this information collection 
without revision.
    Type of Review: Renewal.
    Affected Public: Business or For Profit.
    Estimated Number of Respondents: 141.
    Estimated Time Per Respondent: 2.25 hours.
    Estimated Total Annual Burden Hours: 315 hours.

Request for Comments

    The OTS will summarize comments submitted in response to this 
notice or will include these comments in its request for OMB approval. 
All comments will become a matter of public record. The OTS invites 
comment on: (a) Whether the collection of information is necessary for 
the proper performance of the functions of the agency, including 
whether the information shall have practical utility; (b) the accuracy 
of the agency's estimate of the burden of the collection of 
information; (c) ways to enhance the quality; (d) ways to minimize the 
burden of the collection of information on respondents, including the 
use of automated collection techniques or other forms of information 
technology; and (e) estimates of capital or starting costs and costs of 
operation, maintenance, and purchase of services to provide 
information.

    Dated: August 19, 1999.
John E. Werner,
Director, Information & Management Services.
[FR Doc. 99-22273 Filed 8-26-99; 8:45 am]
BILLING CODE 6720-01-P