Community and Economic Development Entities, Community Development Projects and other Public Welfare Investments - 12 CFR 24

ICR 200601-1557-002

OMB: 1557-0194

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1557-0194 200601-1557-002
Historical Active 200301-1557-001
TREAS/OCC
Community and Economic Development Entities, Community Development Projects and other Public Welfare Investments - 12 CFR 24
Revision of a currently approved collection   No
Regular
Approved without change 03/07/2006
Retrieve Notice of Action (NOA) 01/10/2006
  Inventory as of this Action Requested Previously Approved
03/31/2009 03/31/2009 03/31/2006
250 0 221
371 0 328
0 0 0

Part 24 requires national banks to submit occasional filings for approval to the OCC for public welfare investments. The information is needed to ensure national bank compliance with the law and to ensure national bank safety and soundness. The OCC will use the information to determine whether the investment meets the statutory and regulatory requirements is consistent with safe and sound business practices, such as by not exposing the bank to unlimited liability, and does not pose significant risk to the Federal deposit insurance system.

None
None


No

1
IC Title Form No. Form Name
Community and Economic Development Entities, Community Development Projects and other Public Welfare Investments - 12 CFR 24 CD-1

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 250 221 0 0 29 0
Annual Time Burden (Hours) 371 328 0 0 43 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
01/10/2006


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