Final (30-Day) Federal Register Notice

FR2-0200 OMI Diversity Self Assessment 86 FR 63026 November 15, 2021.pdf

Joint Standards for Assessing Diversity Policies and Practices

Final (30-Day) Federal Register Notice

OMB: 3064-0200

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63026

Federal Register / Vol. 86, No. 217 / Monday, November 15, 2021 / Notices

313(b)(2) and outreach to potential
stakeholders.
Burden statement: The annual public
reporting and recordkeeping burden for
this collection of information is
3,615,128 hours. EPA estimates that it
will take submitters 35.7 hours to
submit a Form R for one chemical and
21.96 hours to submit a Form A for one
chemical. Burden is defined in 5 CFR
1320.3(b).
The ICR, which is available in the
docket along with other related
materials, provides a detailed
explanation of the collection activities
and the burden estimate that is only
briefly summarized here:
Respondents/Affected Entities:
Regulations at 40 CFR part 372, subpart
B, require facilities that meet all the
following criteria to report: The facility
has 10 or more full-time employee
equivalents (i.e., a total of 20,000 hours
worked per year or greater; see 40 CFR
372.3); the facility is included in a
North American Industry Classification
System (NAICS) Code listed at 40 CFR
372.23 or under Executive Order 13148,
Federal facilities regardless of their
industry classification; and the facility
manufactures (defined to include
importing), processes, or otherwise uses
any EPCRA section 313 (TRI) chemical
in quantities greater than the established
thresholds for the specific chemical in
the course of a calendar year.
Additionally, EPA may exercise its
discretionary authority under EPCRA
section 313(b)(2) to extend TRI reporting
obligations to a facility, even if the
facility does not meet the criteria for
full-time employees or NAICS codes.
Respondent’s obligation to respond:
Mandatory, 40 CFR 372.
Estimated total number of potential
respondents: 76,534.
Frequency of response: Annual.
Estimated total annual burden hours:
3,615,128 hours (per year). Burden is
defined at 5 CFR 1320.3(b).
Estimated total annual costs:
$200,205,764 (per year), includes $0
annualized capital or operation &
maintenance costs.

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III. Are there changes in the estimates
from the last approval?
This ICR revision reflects an increase
of 3 burden hours per facility in nonreporting burden from the ICR currently
approved by OMB and this ICR. This
increase reflects the review of the
notification and preparation of
responses stakeholders may engage in
upon receipt of the Agency’s
notification of its potential application
of the discretionary authority under
EPCRA section 313(b)(2) to specific

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facilities. This increase is categorized as
a program change.
IV. What is the next step in the process
for this ICR?
EPA will consider the comments
received and amend the ICR as
appropriate. The final ICR package will
then be submitted to OMB for review
and approval pursuant to 5 CFR
1320.12. EPA will issue another Federal
Register document pursuant to 5 CFR
1320.5(a)(1)(iv) to announce the
submission of the ICR to OMB and the
opportunity to submit additional
comments to OMB. If you have any
questions about this ICR or the approval
process, please contact the person listed
under FOR FURTHER INFORMATION
CONTACT.
Authority: 44 U.S.C. 3501 et seq.
Dated: October 27, 2021.
Michal Freedhoff,
Assistant Administrator, Office of Chemical
Safety and Pollution Prevention.
[FR Doc. 2021–24788 Filed 11–12–21; 8:45 am]
BILLING CODE 6560–50–P

FEDERAL ACCOUNTING STANDARDS
ADVISORY BOARD
Notice of Issuance of Federal Financial
Accounting Standards (SFFAS) 60,
Omnibus Amendments 2021: LeasesRelated Topics
Federal Accounting Standards
Advisory Board.
ACTION: Notice.

FEDERAL ACCOUNTING STANDARDS
ADVISORY BOARD
Notice of Issuance of TR 20,
Implementation Guidance for Leases
Federal Accounting Standards
Advisory Board.
ACTION: Notice.
AGENCY:

Notice is hereby given that
the Federal Accounting Standards
Advisory Board (FASAB) has issued
Technical Release (TR) 20,
Implementation Guidance for Leases.
ADDRESSES: The issuance is available on
the FASAB website at https://fasab.gov/
accounting-standards/. Copies can be
obtained by contacting FASAB at (202)
512–7350.
FOR FURTHER INFORMATION CONTACT: Ms.
Monica R. Valentine, Executive
Director, 441 G Street NW, Suite 1155,
Washington, DC 20548, or call (202)
512–7350.
Authority: 31 U.S.C. 3511(d), the
Federal Advisory Committee Act, as
amended (5 U.S.C. app.), and the
FASAB Rules of Procedure, as amended
in October 2010.
SUMMARY:

Dated: November 4, 2021.
Monica R. Valentine,
Executive Director.
[FR Doc. 2021–24869 Filed 11–12–21; 8:45 am]
BILLING CODE P

AGENCY:

Notice is hereby given that
the Federal Accounting Standards
Advisory Board (FASAB) has issued
Statement of Federal Financial
Accounting Standards (SFFAS) 60,
Omnibus Amendments 2021: LeasesRelated Topics.
ADDRESSES: The issuance is available on
the FASAB website at https://fasab.gov/
accounting-standards/. Copies can be
obtained by contacting FASAB at (202)
512–7350.
FOR FURTHER INFORMATION CONTACT: Ms.
Monica R. Valentine, Executive
Director, 441 G Street NW, Suite 1155,
Washington, DC 20548, or call (202)
512–7350.
Authority: 31 U.S.C. 3511(d), the
Federal Advisory Committee Act, as
amended (5 U.S.C. App.), and the
FASAB Rules of Procedure, as amended
in October 2010.
SUMMARY:

Dated: November 4, 2021.
Monica R. Valentine,
Executive Director.
[FR Doc. 2021–24866 Filed 11–12–21; 8:45 am]
BILLING CODE P

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FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (3064–
0200)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: 30-Day notice and request for
comment.
AGENCY:

The Federal Deposit
Insurance Corporation (FDIC) will
submit the following information
collection request to the Office of
Management and Budget (OMB) for
review and approval in accordance with
the Paperwork Reduction Act of 1995.
The proposed information collection
was previously published in the Federal
Register on August 10, 2021, allowing
for a 60-day comment period.
DATES: Comments are encouraged and
will be accepted for an additional 30
days until December 15, 2021.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
SUMMARY:

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Federal Register / Vol. 86, No. 217 / Monday, November 15, 2021 / Notices
• 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 collection of information:
1. Title: Joint Standards for Assessing
Diversity Policies and Practices.
OMB Number: 3064–00200.
Form Number: 2710/05—Diversity
Self-Assessment (paper form), 2710/
06—Diversity Self-Assessment
(electronic form).
Affected Public: Insured state
nonmember banks, and insured state
savings associations.
Burden Estimate: FDIC is revising the
burden estimates associated with this
information collection as a result of the
update of the electronic version of the

reporting form. The update will allow
respondents who have previously
completed a diversity self-assessment
(DSA) to copy and clone their previous
submission. This copy/clone capability
reduces the reporting burden for
returning respondents. However, it does
not change the burden for respondents
who fill out the electronic form for the
first time or respondents who choose an
alternative method of assessing their
diversity policies and practices. As
such, this ICR revises the IC line items
to distinguish between the
implementation burden incurred by first
time respondents from the ongoing
burden incurred by returning
respondents. This ICR also updates the
respondent count estimates for the other
line items in this IC. Finally, this ICR
adds a line to cover the burdens of nonmaterial (not responsive) submissions.
In October 2020, the FDIC
implemented a copy/clone feature in
FID–SA for submissions covering the
2020 reporting period and beyond. This
feature allows the respondent to prepopulate a new diversity selfassessment with the information that
was previously completed and
submitted. In addition, the FDIC Office
of Minority and Women Inclusion
(OMWI) have identified several
submissions that complete the pro
forma form but do not provide the FDIC
with any material self-assessments.
With the addition of these two
submission types, there are now five
distinct submission types for this IC:
1. Paper Form Submissions, which are
DSA submissions that use the ‘‘Diversity
Self-Assessment of Financial
Institutions Regulated by the FDIC’’
form and submit the form as an email
attachment or via the United States
Postal Service;
2. Electronic Form (Implementation)
Submissions, which are DSA

submissions that utilize the online FID–
SA application, and the financial
institution has not previously submitted
a DSA;
3. Electronic Form (Ongoing)
Submissions, which are DSA
submissions that utilize the online FID–
SA application and are able to use the
copy/clone feature in FID–SA;
4. Free-Form Submissions, which are
submissions that do not use the
‘‘Diversity Self-Assessment of Financial
Institutions Regulated by the FDIC’’
form; and
5. Non-material Submissions, which
are pro forma submissions that do not
provide any material self-assessments.
Estimated Number of Respondents and
Responses
Responses to this information
collection are voluntary and may be
submitted by any FDIC-regulated
financial institution. As such, potential
respondents to this IC are all FDICregulated financial institutions. As of
December 31, 2020, the FDIC regulates
3,227 insured depository institutions
(IDIs). Of these institutions, 2,380 are
considered small for the purposes of the
Regulatory Flexibility Act (RFA).
Respondents submit a single response
per year. To estimate the number of
respondents for this ICR, FDIC reviewed
and summarized data from historical
submissions by FDIC-regulated IDIs
covering diversity activities in the
reporting periods 2016–2019.
Submissions were categorized as a firsttime submission if no prior submission
was made by the same IDI. Otherwise,
the submission was categorized as a
repeat submission. FDIC did not
categorize 2016 submissions since 2016
was the first year for which the agency
has submission data. A summary of
these results is provided in Table 1
below:

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TABLE 1—OMWI SUBMISSION COUNTS, BY SUBMISSION TYPE AND REPORTING PERIOD
Submission type

2016

All submissions* ...............................................................................................
All submissions, small IDIs** ...........................................................................
First-time submissions .....................................................................................
First-time submissions, small IDIs** ................................................................
Repeat submissions ........................................................................................
Repeat submissions, small IDIs** ....................................................................

95
17
........................
........................
........................
........................

2017

2018
137
26
81
18
56
8

2019
133
26
42
13
91
13

152
33
38
16
113
17

Source: FDIC OMWI.
* These counts include two financial institutions (CERTs 20399 in 2016 and 29845 in 2019) that were later found to not be regulated by the
FDIC during their respective reporting periods. We include them here to align the table with other OMWI published analyses (available at https://
www.fdic.gov/about/diversity/analysisdsa.html).
** IDIs are counted as small if they meet the SBA’s definition of ‘‘small’’ for purposes of RFA as of December 31st in each reporting period.

As Table 1 shows, there were 152
total submissions in 2019, the most
recent reporting year. This is an increase

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of approximately 20 submissions from
the previous year. This increase is due
to the introduction of the online FID–SA

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application and an expanded outreach
effort by the FDIC to educate and
increase awareness about the DSA. The

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Federal Register / Vol. 86, No. 217 / Monday, November 15, 2021 / Notices

FDIC expects that submission counts
will continue to climb upwards due to
continued expanded outreach efforts as
well as the introduction of the copy/
clone feature to facilitate responses.
Based on the historical submission
counts and the expected rise in
submissions, the FDIC expects it will
receive 195 submissions per year with
the majority of these submissions using
the online FID–SA application. Based
on the historical trends of first-time and
repeating submissions future
expectations, the FDIC anticipates
annual respondent counts of 45
Electronic Form (Implementation) and
130 Electronic Form (Ongoing)
submissions.1 In addition, the FDIC
anticipates annual counts of five FreeForm Submissions and ten Non-material
Submissions.2 Finally, FDIC recognizes

that some IDIs may prefer to continue
providing Paper Submissions and
anticipate five such submissions per
year.
Estimated Hourly Burden
The FDIC estimates that Electronic
Form (Implementation) Submissions
will take seven hours, the same burden
that was recorded in the Electronic
Form line item in the 2020 ICR. For
Electronic Form (Ongoing) Submissions,
the FDIC estimates that the copy/clone
feature will save respondents an average
of four hours per submission, for a net
burden of three hours per response. For
Non-material Submissions, the FDIC
estimates that the pro forma completion
of the submission application will take
six minutes, or 0.1 hours. The FDIC has
reviewed the hourly burden estimates

for Paper Submissions and for FreeForm Submissions and found that the
estimates from the 2020 ICR remain
reasonable and appropriate. Finally, the
FDIC estimates that each respondent
will incur one hour of burden per year,
on average, to disclose a portion of its
submission to the public, in a manner
reflective of the entity’s size and other
characteristics.
The estimated annual burden for each
submission type, in hours, is the
product of the estimated number of
respondents, number of responses per
respondent per year, and time per
response, as summarized in Table 2
below. The total estimated annual
burden for this information collection is
100, 106 hours, a reduction of 559 hours
from the previously approved ICR. 3

TABLE 2—SUMMARY OF ESTIMATED ANNUAL BURDEN (OMB NO. 3064–0006)
Information collection description—
submission type

Type of burden (obligation
to
respond)

Frequency of
response

Joint Standards for Assessing Diversity Policies and Practices—Paper
Form.
Joint Standards for Assessing Diversity Policies and Practices—Electronic Form (Implementation).
Joint Standards for Assessing Diversity Policies and Practices—Electronic Form.
(Ongoing) .............................................
Joint Standards for Assessing Diversity Policies and Practices—FreeForm.
Joint Standards for Assessing Diversity Policies and Practices—
Non-material .........................................
Joint Standards for Assessing Diversity Policies and Practices—
Public Disclosure .................................