30-Day Federal Register Notice

FR2 0143 Forms for Processing Deposit Insurance Claims 85 FR 47967 August 7 2020.pdf

Forms Relating to Processing Deposit Insurance Claims

30-Day Federal Register Notice

OMB: 3064-0143

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47967

Federal Register / Vol. 85, No. 153 / Friday, August 7, 2020 / Notices
Order, which adopted new rules to
make available 280 megahertz of midband spectrum for flexible use through
a Commission-administered public
auction of overlay licenses, plus a 20
megahertz guard band, throughout the
contiguous United States by
transitioning existing services out of the
lower portion and in to the upper 200
megahertz of the C-band.
The 3.7 GHz Report and Order
required eligible Fixed Satellite Service
(FSS) space station operators to select,
no later than July 31, 2020, a Relocation
Coordinator that will be responsible for
managing the overall transition and
coordinating relocation actions among
eligible FSS space station operators,
incumbent FSS earth station operators,
and new 3.7 GHz Service overlay
licensees. The 3.7 GHz Report and
Order required that the Relocation
Coordinator ‘‘must be able to
demonstrate that it has the requisite
expertise to perform the duties required,
which will include: (1) Coordinating the
schedule for clearing the band; (2)
performing engineering analysis, as
necessary, to determine necessary earth
station migration actions; (3) assigning
obligations, as necessary, for earth
station migrations and filtering; (4)
coordinating with overlay licensees
throughout the transition process; (5)
assessing the completion of the
transition in each PEA and determining
overlay licensees’ ability to commence
operations; and (6) mediating
scheduling disputes.’’
On July 31, 2020, eligible space
station operators announced that they
had selected RSM US LLP (RSM) to
serve as the Relocation Coordinator. We
seek comment on whether RSM satisfies
the criteria established by the
Commission in the 3.7 GHz Report and
Order.
As directed by the Commission in the
3.7 GHz Report and Order, following the

comment period, the Bureau will issue
an order announcing whether the
selection criteria have been satisfied.
Should the Bureau be unable to find
that the criteria have been satisfied, the
3.7 GHz Report and Order required that
the selection process will start over and
the search committee of eligible space
station operators will submit a new
proposed entity.
Federal Communications Commission
Amy Brett,
Chief of Staff, Competition and Infrastructure
Policy Division, Wireless
Telecommunications Bureau.
[FR Doc. 2020–17291 Filed 8–6–20; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0087;–0143]

Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Agency Information Collection
Activities: Submission for OMB Review;
Comment Request.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described
below. On June 2, 2020, the FDIC
requested comment for 60 days on a
proposal to renew these information
collections. No comments were
received. The FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the renewal of these
information collections, and again
invites comment on their renewal.

SUMMARY:

Comments must be submitted on
or before September 8, 2020.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Regulatory Counsel,
202–898–3767, [email protected], MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal
to renew the following currently
approved collections of information:
1. Title: Procedures for Monitoring
Bank Secrecy Act Compliance.
OMB Number: 3064–0087.
Affected Public: Insured State
Nonmember Banks and Savings
Associations.
Burden Estimate:
DATES:

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SUMMARY OF ANNUAL BURDEN
Estimated frequency
of responses

Estimated time
per response
(hours)

Estimated
annual burden
(hours)

2,523

On Occasion ...........

35

88,305

Mandatory ...............

774

On Occasion ...........

250

193,500

Mandatory ...............

47

On Occasion ...........

450

21,150

Information collection description

Type of burden

Obligation to
respond

Procedures for Monitoring BSA Compliance—Small Institutions (Less than $500
million).
Procedures for Monitoring BSA Compliance—Medium Institutions ($500 million–
$10 billion).
Procedures for Monitoring BSA Compliance—Large Institutions (Over $10 billion).

Recordkeeping ........

Mandatory ...............

Recordkeeping ........

Recordkeeping ........

Total Estimated Annual Burden:
302,955 hours.
General Description of Collection:
Respondents must establish and

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Estimated
number of
respondents

maintain procedures designed to
monitor and ensure their compliance
with the requirements of the Bank
Secrecy Act and the implementing

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regulations promulgated by the
Department of Treasury at 31 CFR
Chapter X. Respondents must also
provide training for appropriate

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47968

Federal Register / Vol. 85, No. 153 / Friday, August 7, 2020 / Notices

personnel. There is no change in the
method or substance of the collection.
The overall reduction in burden hours
is a result of economic fluctuation. In
particular, the number of respondents

has decreased while the hours per
response remain the same.
2. Title: Forms Relating To Processing
Deposit Insurance Claims.
OMB Number: 3064–0143.

Affected Public: Private sector
individuals and entities maintaining
deposits at insured depository
institutions.
Burden Estimate:

SUMMARY OF ESTIMATED ANNUAL BURDEN
Type of burden

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Combined Deposit Brokers and Individuals:
7200/04—Declaration for Government Deposit .....................................
7200/05—Declaration for Revocable Trust ............................................
7200/06—Declaration of Independent Activity .......................................
7200/07—Declaration of Independent Activity for Unincorporated Association.
7200/08—Declaration for Joint Ownership Deposit ...............................
7200/09—Declaration for Testamentary Deposit ...................................
7200/10—Declaration for Defined Contribution Plan .............................
7200/11—Declaration for IRA/KEOGH Deposit .....................................
7200/12—Declaration for Defined Benefit Plan .....................................
7200/13—Declaration of Custodian Deposit ..........................................
7200/14—Declaration or Health and Welfare Plan ................................
7200/15—Declaration for Plan and Trust ...............................................
7200/18—Declaration for Irrevocable Trust ...........................................
7200/24—Claimant Verification ..............................................................
7200/26—Depositor Interview Form ......................................................
Subtotal: Combined Brokers and Individuals ..................................
Deposit Brokers Only:
Deposit Broker Submission Checklist ....................................................
Diskette, following ‘‘Broker Input File Requirements’’—burden will vary
depending on the broker’s number of brokered accounts.
Exhibit B, the standard agency agreement, or the non-standard agency agreement.

Estimated
time per
response

...........
...........
...........
...........

14
165
1
1

0.5
0.5
0.5
0.5

Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
Reporting ...........
...........................

1
21
1
1
1
1
12
1
1
218
198
637

0.5
0.5
1.0
0.5
1.0
0.5
1.0
0.5
0.5
0.5
0.5
........................

Reporting
Reporting
Reporting
Reporting

...........
...........
...........
...........

136
102
34
136

0.0833
0.750
5.0
0.0167

Subtotal: Deposit Brokers Only .......................................................

...........................

136

Total Estimated Annual Burden ...............................................

...........................

........................

General Description of Collection:
When an insured depository institution
(‘‘IDI’’) is closed by its primary
regulatory authority, the FDIC has the
responsibility to pay the insured
deposits pursuant to Section 11(a) and
(f) of the Federal Deposit Insurance Act
(FDI Act), 12 U.S.C. 1821(a) and (f), and
the FDIC’s regulations, ‘‘Deposit
Insurance Coverage’’, 12 CFR part 330,
and ‘‘Recordkeeping for Timely Deposit
Insurance Determination’’, 12 CFR part
370. In the event that the requisite
information is not available in a failed
IDI’s records, the FDIC will utilize these
forms, declarations and affidavits to
request the necessary information from
a depositor.
Generally, deposits are insured to a
maximum of $250,000. This maximum
coverage is based on ‘‘ownership rights
and capacities.’’ All deposits that are
maintained in the same right and
capacity are added together and insured
up to $250,000 in accordance with the
regulations relating to deposit insurance
of that particular deposit insurance
ownership category. Deposits held in
different ownership categories are
eligible for $250,000 coverage per
category. For example, as a general rule,
single ownership accounts are

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Reporting
Reporting
Reporting
Reporting

Estimated
number of
respondents

separately insured from trust accounts
held for qualified beneficiaries.
At the time of an IDI’s closing, the
FDIC obtains information about
customer accounts from the IDI’s
deposit account records. Based on the
IDI’s records, the FDIC makes
determinations about insurance
coverage for each depositor. Depositors
deemed to be uninsured because their
deposits are over $250,000 may qualify
for additional insurance coverage if they
can provide documentation
substantiating eligibility.
a. General Deposit Accounts. The
forms, declarations, and affidavits in
this collection facilitate customers
providing the FDIC with the information
that may permit a more comprehensive
deposit insurance determination.
b. Deposit Brokers. A failed IDI’s
deposit account records may not reveal
the actual owner(s) of a particular
deposit account. Rather, the deposit
account records may indicate that the
deposit was placed at the insured
institution by a deposit broker on behalf
of one or more third parties. In some
cases, the broker’s customer may not be
an actual owner of the deposit but
merely a ‘‘second-tier’’ deposit broker
with its own customers. In turn, these
customers could be ‘‘third-tier’’ deposit

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Frequency of
response

On
On
On
On

Occasion
Occasion
Occasion
Occasion

Total
estimated
annual burden

.....
.....
.....
.....

7
83
0.5
0.5

On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
...........................

0.5
11
1
0.5
1
0.5
12
0.5
0.5
109
99
326.5

On
On
On
On

.....
.....
.....
.....

11.33
76.5
170
2.27

........................

...........................

260.13

........................

...........................

581.10

Occasion
Occasion
Occasion
Occasion

brokers with their own customers.
Deposits held in the name of a deposit
broker on behalf of clients are covered
by federal deposit insurance (up to the
$250,000 limit) the same as if the
broker’s clients had deposited the funds
directly into the insured institution
(assuming that the clients are the actual
owners of the deposits). This is called
‘‘pass-through’’ deposit insurance
coverage.
In order to analyze ownership interest
and provide pass-through insurance
coverage, the FDIC must obtain certain
information from both first- and lowertier deposit brokers: (1) Evidence that
each deposit broker is not an owner but
an agent or custodian with respect to
some or all of the funds at issue; (2) a
list of all parties for whom each deposit
broker acted as agent or custodian; and
(3) the dollar amount of funds held by
each deposit broker for each such party
as of the date of the IDI’s failure.
There is no change in the substance
or methodology of this information
collection. The change in burden is due
to the FDIC estimating one respondent
for certain forms where FDIC previously
estimated zero respondents. In the table
above, one respondent is being used as
a placeholder to preserve the burden

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Federal Register / Vol. 85, No. 153 / Friday, August 7, 2020 / Notices
estimate for forms in case they come
into use in the future.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (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. All comments will become
a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 4,
2020.
James P. Sheesley,
Acting Assistant Executive Secretary.
[FR Doc. 2020–17330 Filed 8–6–20; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL ELECTION COMMISSION
[NOTICE 2020–07]

Filing Dates for the Georgia Special
Election in the 5th Congressional
District Special Election
Federal Election Commission.
Notice of filing dates for special
election.

AGENCY:
ACTION:

Georgia has scheduled a
Special General Election on September
29, 2020, to fill the U.S. House of
Representatives seat of the late
Representative John Lewis. Under

SUMMARY:

Georgia law, a majority winner in a
Special General Election is declared
elected. Should no candidate achieve a
majority vote, a Special Runoff Election
will be held on December 1, 2020,
between the top two vote-getters.
Political committees participating in the
Georgia special elections are required to
file pre- and post-election reports. Filing
deadlines for these reports are affected
by whether one or two elections are
held.
Ms.
Elizabeth S. Kurland, Information
Division, 1050 First Street NE,
Washington, DC 20463; Telephone:
(202) 694–1100; Toll Free (800) 424–
9530.

FOR FURTHER INFORMATION CONTACT:

SUPPLEMENTARY INFORMATION:

Principal Campaign Committees
All principal campaign committees of
candidates who participate in both the
Georgia Special General and Special
Runoff Elections shall file a 12-day PreGeneral Report on September 17, 2020;
a 12-day Pre-Runoff Report on
November 19, 2020; and a 30-day PostRunoff Report on December 31, 2020.
(See charts below for the closing date for
each report.)
If both elections are held, all principal
campaign committees of candidates who
participate only in the Special General
Election shall file a 12-day Pre-General
Report on September 17, 2020. (See
charts below for the closing date for
each report.)
If only one election is held, all
principal campaign committees of
candidates in the Special General
Election shall file a 12-day Pre-General
Report on September 17, 2020; and a 30day Post-General Report on October 29,
2020. (See charts below for the closing
date for each report.)

Note that these reports are in addition
to the campaign committee’s regular
quarterly filings. (See charts below for
the closing date for each report).
Unauthorized Committees (PACs and
Party Committees)
Political committees not filing
monthly are subject to special election
reporting if they make previously
undisclosed contributions or
expenditures in connection with the
Georgia Special General or Special
Runoff Elections by the close of books
for the applicable report(s). (See charts
below for the closing date for each
report.)
Committees filing monthly that make
contributions or expenditures in
connection with the Georgia Special
General or Special Runoff Elections will
continue to file according to the
monthly reporting schedule.
Additional disclosure information in
connection with the Georgia special
elections may be found on the FEC
website at https://www.fec.gov/helpcandidates-and-committees/dates-anddeadlines/.
Disclosure of Lobbyist Bundling
Activity
Principal campaign committees, party
committees and leadership PACs that
are otherwise required to file reports in
connection with the special election
must simultaneously file FEC Form 3L
if they receive two or more bundled
contributions from lobbyists/registrants
or lobbyist/registrant PACs that
aggregate in excess of $19,000 during
the special election reporting period.
(See charts below for closing date of
each period.) 11 CFR 104.22(a)(5)(v), (b),
110.17(e)(2), (f).

CALENDAR OF REPORTING DATES FOR GEORGIA SPECIAL ELECTION(S)
Close of
books 1

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Report

If only the special general is held (09/29/2020), committees involved must file:
Special Pre-General ....................................................................................................................
October Quarterly ........................................................................................................................
Special Post-General ...................................................................................................................
Year-End ......................................................................................................................................
If two elections are held, committees involved only in the special general (09/29/2020) must
file:
Special Pre-General ....................................................................................................................
October Quarterly ........................................................................................................................
If two elections are held, committees involved only in the special runoff (12/01/2020) must
file:
Special Pre-Runoff .......................................................................................................................
Special Post-Runoff .....................................................................................................................
Year-End ......................................................................................................................................
Committees inovlved in both the special general (09/29/2020) and special runoff (12/01/2020)
must file:

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Reg./cert. &
overnight
mailing
deadline

Filing
deadline

09/09/2020
09/30/2020
10/19/2020
12/31/2020

09/14/2020
10/15/2020
10/29/2020
01/31/2021

09/17/2020
10/15/2020
10/29/2020
2 01/31/2021

09/09/2020
09/30/2020

09/14/2020
10/15/2020

09/17/2020
10/15/2020

11/11/2020
12/21/2020
12/31/2020

11/16/2020
12/31/2020
01/31/2021

11/19/2020
12/31/2020
2 01/31/2021

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