[Federal Register Volume 62, Number 105 (Monday, June 2, 1997)] [Notices] [Pages 29779-29780] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 97-14214] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Information Collection; Submission for OMB Review; Comment Request AGENCY: Office of the Comptroller of the Currency, Treasury. ACTION: Submission for OMB review; comment request. ----------------------------------------------------------------------- SUMMARY: In accordance with the requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Office of the Comptroller of the Currency (OCC) hereby gives notice that it has sent to the Office of Management and Budget [[Page 29780]] (OMB) for review an information collection titled Leasing (12 CFR part 23). DATES: Comments regarding this information collection are welcome and should be submitted to the OMB Reviewer and the OCC. Comments are due on or before July 2, 1997. ADDRESSES: A copy of the of the submission may be obtained by calling the OCC Contact listed. Direct all written comments to the OMB Reviewer listed and the Communications Division, Attention: 1557-0206, Third Floor, Office of the Comptroller of the Currency, 250 E Street, SW, Washington, DC 20219. In addition, comments may be sent by facsimile transmission to (202) 874-5274, or by electronic mail to [email protected]. SUPPLEMENTARY INFORMATION: OMB Number: 1557-0206. Form Number: Not applicable. Type of Review: Renewal of OMB approval. Title: Leasing (12 CFR 23). Description: This submission covers a renewal without change of the information collections currently contained in 12 CFR Part 23. The collection of information requirements are found in 12 CFR 23.4(c) and 12 CFR 23.5. Section 23.4(c) requires national banks to provide certain information if they request OCC approval to extend the holding period for off-lease property. The OCC uses this information to evaluate these requests under applicable law and regulations and principles of bank safety and soundness. Section 23.5 requires that, if a national bank enters into both CEBA (12 U.S.C. 24 (Tenth)) leases and 12 U.S.C. 24 (Seventh) leases, the bank's records must distinguish between CEBA leases and 12 U.S.C. 24 (Seventh) leases. Banks and the OCC use this information to determine compliance with the laws and regulations that impose certain limits on leasing activities. Respondents: Businesses or other for-profit. Number of Respondents: 660. Total Annual Responses: 710. Frequency of Response: On occasion. Estimated Total Annual Burden: 1,820 hours. OCC Contact: Jessie Gates or Dionne Walsh, (202)874-5090, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street, SW, Washington, DC 20219. OMB Reviewer: Alexander Hunt, (202)395-7340, Paperwork Reduction Project 1557-0206, Office of Management and Budget, Room 10226, New Executive Office Building, Washington, DC 20503. The OCC may not conduct or sponsor, and a respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. Comments are invited on: (a) Whether the collections of information described in this notice are necessary for the proper performance of the OCC's functions, including whether the information has practical utility; (b) the accuracy of the OCC's estimate of the burden of the information collection; (c) ways to enhance the quality, utility, and clarity of the information; (d) ways to minimize the burden of the information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide the information. Dated: May 27, 1997. Karen Solomon, Director, Legislative and Regulatory Activities Division. [FR Doc. 97-14214 Filed 5-29-97; 8:45 am] BILLING CODE 4810-33-P