[Federal Register Volume 78, Number 239 (Thursday, December 12, 2013)]
[Notices]
[Page 75677]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-29675]
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DEPARTMENT OF THE TREASURY
Proposed Collection; 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 burdens, invites the general public and
other Federal agencies to comment on a currently approved information
collection that is due for extension approval by the Office of
Management and Budget. The Terrorism Risk Insurance Program Office
within the Department of the Treasury is soliciting comments concerning
the Commercial Property and Casualty Insurers Submission for Federal
Share Compensation Requirements set forth in 31 CFR part 50, subpart F
(Sec. 50.50-50.54).
DATES: Written comments should be received on or before February 10,
2014 to be assured of consideration.
ADDRESSES: Submit comments by email to [email protected] or by
mail (if hard copy, preferably an original and two copies) to:
Terrorism Risk Insurance Program, Public Comment Record, Suite 2100,
Department of the Treasury, 1425 New York Ave. NW., Washington, DC
20220. Because paper mail in the Washington DC area may be subject to
delay, it is recommended that comments be submitted electronically. All
comments should be captioned with ``PRA Comments--Commercial Property
and Casualty Insurers Submission for Federal Share Compensation''.
Please include your name, affiliation, address, email address and
telephone number in your comment. Comments will be available for public
inspection by appointment only at the Reading Room of the Treasury
Library. To makes appointments, call (202) 622-0990 (not a toll-free
number).
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to: Terrorism Risk Insurance Program Office at (202)
622-6770 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
OMB Number: 1505-0200.
Title: Terrorism Risk Insurance Program--Commercial Property and
Casualty Insurers Submission for Federal Share Compensation.
Abstract: Sections 103(a) and 104 of the Terrorism Risk Insurance
Act of 2002 (Pub. L. 107-297) (as extended by the Terrorism Risk
Insurance Extension Act of 2005 (Pub. L. 109-144) and the Terrorism
Risk Insurance Program Reauthorization Act of 2007 (Pub. L. 110-160)
authorize the Department of the Treasury to administer and implement
the Terrorism Risk Insurance Program established by the Act. In 31 CFR
part 50, subpart F (Sec. 50.50-50.54) Treasury established requirements
and procedures for insurers that file claims for payment of the Federal
share of compensation for insured losses resulting from a certified act
of Terrorism under the Act.
Type of Review: Extension of a currently approved data collection.
Affected Public: Business/Financial Institutions.
Estimated Number of Respondents: 100.
Estimated Average Time per Respondent: 42 hours.
Estimated Total Annual Burden Hours: 4200 hours.
Request for Comments.: An agency may not conduct or sponsor, and a
person is not required to respond to, a collection of information
unless the collection of information displays a valid OMB control
number. Comments submitted in response to this notice will be
summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
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, utility, and clarity of the information
collections; (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; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: December 3, 2013.
Jeffrey S. Bragg,
Director, Terrorism Risk Insurance Program.
[FR Doc. 2013-29675 Filed 12-11-13; 8:45 am]
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