30-Day FR Notice

42300

Federal Register / Vol. 90, No. 166 / Friday, August 29, 2025 / Notices

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Community and Economic
Development Entities, Community
Development Projects, and Other
Public Welfare Investments
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:

The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning the
renewal of its information collection
titled, ‘‘Community and Economic
Development Entities, Community
Development Projects, and Other Public
Welfare Investments.’’ The OCC also is
giving notice that it has sent the
collection to OMB for review.
DATES: Comments must be received by
September 29, 2025.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible.
You may submit comments by any of
the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0194, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 293–4835.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0194’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any

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information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Written comments and
recommendations for the proposed
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0194’’ or ‘‘Community and Economic
Development Entities, Community
Development Projects, and Other Public
Welfare Investments.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. The OCC
asks the OMB to extend its approval of
the collection in this notice.

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Title: Community and Economic
Development Entities, Community
Development Projects, and Other Public
Welfare Investments.
OMB Control No.: 1557–0194.
Type of Review: Regular.
Affected Public: Individuals;
Businesses or other for-profit.
Description: This submission covers
an existing regulation (12 CFR part 24),
including the CD–1, National Bank
Community Development Investments
form, pursuant to which a national bank
may notify the OCC, or request OCC
approval, of certain community
development investments.
Section 24.5(a) provides that an
eligible national bank may make a
public welfare investment without prior
notification to, or approval by, the OCC
if the bank submits an after-the-fact
notification of an investment within 10
days of making the investment.
Section 24.4(a) provides that a
national bank may submit a written
request to the OCC to exceed five
percent of its capital and surplus for its
aggregate, outstanding public welfare
investments. The OCC may grant
permission to the bank to make
subsequent public welfare investments
up to the approved investment limit
without prior notification to, or
approval by the OCC, using the afterthe-fact notification process consistent
with § 24.5(a).
Section 24.5(a)(5) provides that a
national bank that is not an eligible
bank, consistent with § 24.2(e), but that
is at least adequately capitalized and
has a composite rating of at least 3 with
improving trends under the Uniform
Financial Institutions Rating System,
may submit a letter to the OCC
requesting authority to submit after-thefact notices of its public welfare
investments.
Section 24.5(b)(1) provides that if a
national bank does not meet the
requirements for after-the-fact
notification, including if the bank’s
aggregate outstanding investments
exceed the five percent limit, unless
previously approved by the OCC for
subsequent public welfare investments,
the bank must submit an investment
proposal to the OCC seeking permission
to make the public welfare investment.
Estimated Frequency of Response: On
occasion.
Estimated Number of Respondents:
1,350.
Estimated Total Annual Burden:
2,172 hours.
Comments: On June 23, 2025, the
OCC published a 60-day notice for this
information collection, (90 FR 26676).
No comments were received.
Comments continue to be invited on:

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Federal Register / Vol. 90, No. 166 / Friday, August 29, 2025 / Notices
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection 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.
Eden Gray,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2025–16633 Filed 8–28–25; 8:45 am]
BILLING CODE 4810–33–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Interagency Guidance on Asset
Securitization Activities
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:

The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning the
renewal of its information collection
titled, ‘‘Interagency Guidance on Asset
Securitization.’’ The OCC also is giving
notice that it has sent the collection to
OMB for review.
DATES: Comments must be received by
September 29, 2025.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.

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• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0217, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 293–4835.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0217’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Written comments and
recommendations for the proposed
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0217’’ or ‘‘Interagency Guidance on
Asset Securitization Activities.’’ Upon
finding the appropriate information
collection, click on the related ‘‘ICR
Reference Number.’’ On the next screen,
select ‘‘View Supporting Statement and
Other Documents’’ and then click on the
link to any comment listed at the bottom
of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,

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42301

(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. The OCC
asks the OMB to extend its approval of
the collection in this notice.
Title: Interagency Guidance on Asset
Securitization Activities.
OMB Control No.: 1557–0217.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Description: In 1999, the OCC issued
the Interagency Guidance on Asset
Securitization Activities (guidance) in
response to a determination that some
institutions involved in asset
securitization activities had significant
weaknesses in their asset securitization
practices. The information collection
contained in the guidance applies to
financial institutions engaged in asset
securitization activities and provides
that any institution engaged in these
activities should maintain a written
asset securitization policy, document
the fair value of retained interests, and
maintain a management information
system to monitor asset securitization
activities. Financial institution
management uses the information
collected to ensure the safe and sound
operation of the institution’s asset
securitization activities. The OCC uses
the information to evaluate the quality
of an institution’s risk management
practices.
Estimated Burden
Estimated Frequency of Response: On
occasion.
Estimated Number of Respondents:
35.
Estimated Total Annual Burden:
1,828 hours.
Comments: On June 23, 2025, the
OCC published a 60-day notice for this
information collection, (90 FR 26677).
No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;

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