Federal Register: March 30, 2009 (Volume 74, Number 59)
DOCID: fr30mr09-121 FR Doc E9-6860
DEPARTMENT OF THE TREASURY
Fiscal Service
NOTICE: NOTICES
DOCID: fr30mr09-121
DOCUMENT ACTION: Notice and Request for comments.
SUBJECT CATEGORY:
Financial Management Service; Proposed Collection of Information: Resolution Authorizing Execution of Depositary, Financial Agency, and Collateral Agreement; and Depositary, Financial Agency, and Collateral Agreement
DATES: Written comments should be received on or before May 29, 2009.
DOCUMENT SUMMARY:
The Financial Management Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection. By this notice, the Financial Management Service solicits comments concerning forms Resolution Authorizing Execution of Depositary, Financial Agency, FMS 5902 and Collateral Agreement; and Depositary, Financial Agency, and Collateral Agreement, FMS 5903.
SUMMARY:
Agency Information Collection Activities; Proposals, Submissions, and Approvals,
SUPPLEMENTAL INFORMATION
Pursuant to the Paperwork Reduction Act of 1995, (44 U.S.C. 3506(c)(2)(A)), the Financial Management Service solicits comments on the collection of information described below:
Title: Resolution Authorizing Execution of Depositary, Financial
Agency, and Collateral Agreement; and Depositary, Financial Agency, and Collateral Agreement.
OMB Number: 15100067.
Form Number: EMS 5902; FMS 5903.
Abstract: These forms are used to give authority to financial institutions to become a depositary of the Federal Government. They also execute an agreement from the financial institutions that they are authorized to pledge collateral to secure public funds with Federal Reserve Banks or their designees.
Current Actions: Extension of currently approved collection.
Type of Review: Regular.
Affected Public: Business or other forprofit.
Estimated Number of Respondents: 15 (2 forms each).
Estimated Time Per Respondent: 30 minutes (15 minutes each form).
Estimated Total Annual Burden Hours: 7.
Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget 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 to be collected; (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 startup costs and costs of operation, maintenance and purchase of services to provide information.
Dated: March 19, 2009.
Sheryl R. Morrow,
Assistant Commissioner, Federal Finance.
[FR Doc. E96860 Filed 32709; 8:45 am]
BILLING CODE 481035M
FOR FURTHER INFORMATION CONTACT
Requests for additional information or copies of the form(s) and instructions should be directed to Mary Bailey, Bank Policy and Oversight Division, 401 14th Street, SW., Room 317, Washington, DC 20227, (202) 8747055.