[Federal Register Volume 82, Number 186 (Wednesday, September 27, 2017)]
[Notices]
[Page 45111]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-20677]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; TARP Capital Purchase Program--Executive 
Compensation

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before October 27, 2017 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Jennifer Leonard by emailing [email protected], calling 
(202) 622-0489, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Treasury Departmental Offices (DO)

    Title: TARP Capital Purchase Program--Executive Compensation.
    OMB Control Number: 1505-0219.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Authorized under the Emergency Economic Stabilization Act 
of 2008 (EESA), Public Law 110-343, as amended by the American Recovery 
and Reinvestment Act of 2009 (ARRA), Public Law 111-5, the Department 
of the Treasury (Treasury) established the Troubled Asset Relief 
Program (TARP) to purchase, and to make and fund commitments to 
purchase, troubled assets from any financial institution on such terms 
and conditions determined by the Secretary. Section 111 of EESA, as 
amended by ARRA, provides that certain entities receiving financial 
assistance from Treasury under TARP (TARP recipients) will be subject 
to specified executive compensation and corporate governance standards 
established by the Secretary. These standards were set forth in the 
interim final rule published on June 15, 2009 (74 FR 28394), as 
corrected on December 7, 2009 (74 FR 63990) (the Interim Final Rule). 
The standards implemented in the Interim Final Rule require that TARP 
recipients submit certain information pertaining to their executive 
compensation and corporate governance practices.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 2,348.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: September 22, 2017.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2017-20677 Filed 9-26-17; 8:45 am]
 BILLING CODE 4810-25-P