Supervised Bank Accounts 60 Day Federal Register Notice

2024-07782 Supervised Bank Accounts FR Print FY 24.pdf

7 CFR 1902-A, Supervised Bank Accounts

Supervised Bank Accounts 60 Day Federal Register Notice

OMB: 0575-0158

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25862

Notices

Federal Register
Vol. 89, No. 72
Friday, April 12, 2024

This section of the FEDERAL REGISTER
contains documents other than rules or
proposed rules that are applicable to the
public. Notices of hearings and investigations,
committee meetings, agency decisions and
rulings, delegations of authority, filing of
petitions and applications and agency
statements of organization and functions are
examples of documents appearing in this
section.

DEPARTMENT OF AGRICULTURE
Rural Housing Service
[Docket No.: RHS–24–MFH–0007]

60-Day Notice of Proposed Information
Collection: Supervised Bank
Accounts; OMB Control No.: 0575–
0158
Rural Housing Service, USDA.
Notice; request for comments.

AGENCY:
ACTION:

The United States Department
of Agriculture (USDA), Rural Housing
Service (RHS) announces its’ intention
to request a revision of a currently
approved information collection and
invites comments on this information
collection.

SUMMARY:

Comments on this notice must be
received by June 11, 2024 to be assured
of consideration.
ADDRESSES: Comments may be
submitted electronically by the Federal
eRulemaking Portal, http://
www.regulations.gov. In the ‘‘Search for
dockets and documents on agency
actions’’ box, enter the docket number
‘‘RHS–24–MFH–0007,’’ and click the
‘‘Search’’ button. From the search
results: click on or locate the document
title: ‘‘60-Day Notice of Proposed
Information Collection: Supervised
Bank Accounts; OMB Control No.:
0575–0158’’ and select the ‘‘Comment’’
button. Before inputting comments,
commenters may review the
‘‘Commenter’s Checklist’’ (optional). To
submit a comment: Insert comments
under the ‘‘Comment’’ title, click
‘‘Browse’’ to attach files (if available),
input email address, select box to opt to
receive email confirmation of
submission and tracking (optional),
select the box ‘‘I’m not a robot,’’ and
then select ‘‘Submit Comment.’’
Information on using Regulations.gov,
including instructions for accessing
documents, submitting comments, and
viewing the docket after the close of the

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DATES:

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comment period, is available through
the site’s ‘‘FAQ’’ link.
All comments will be available for
public inspection online at the Federal
eRulemaking Portal (https://
www.regulations.gov).
FOR FURTHER INFORMATION CONTACT:

Barbara Chism, Finance and Loan
Analyst, Multi-Family Housing Asset
Management Division, Policy and
Budget Branch, STOP 0782-Room
1263S, U.S. Department of Agriculture,
1400 Independence Avenue SW,
Washington, DC 20250–0782.
Telephone: (202) 690–1436. Email:
[email protected].
SUPPLEMENTARY INFORMATION:
Title: 7 CFR 1902–A, Supervised Bank
Accounts.
OMB Number: 0575–0158.
Expiration Date of Approval:
December 31, 2024.
Type of Request: Revision of a
currently approved information
collection.
Estimate of Burden: Public reporting
burden for this information collection is
estimated to average 0.83 hours per
response.
Respondents: Small Business.
Estimated Number of Respondents:
13,052.
Estimated Number of Annual
Responses: 4,625.
Estimated Total Annual Burden
Hours of Respondents: 5.33.
Abstract: The Agency extends
financial assistance to applicants that do
not qualify for loans under commercial
rates and terms.
The Agency uses Supervised Bank
Account (SBA) as a mechanism to: (1)
ensure correct disbursement and
expenditure of funds designated for a
project; (2) help a borrower properly
manage its financial affairs; (3) ensure
that the Government’s security is
protected adequately from fraud, waste,
and abuse.
SBAs are mandatory for Multi-Family
Housing (MFH) reserve accounts. The
MFH funds must be kept in the SBA for
the full term of a loan. Any funds
withdrawn for disbursement for an
authorized purpose requires prior
approval from an Agency Loan
Servicing official. Countersignature
from an Agency Loan Servicing official
may or may not be required.
This regulation prescribes the policies
and responsibilities for the use of SBAs.
In carrying out the mission as a

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supervised credit Agency, this
regulation authorizes the use of
supervised accounts for the
disbursement of funds. The use may be
necessitated to disburse Government
funds consistent with the various stages
of any development (construction or
rehabilitation) work achieved. On
limited occasions, a supervised account
is used to provide temporary credit
counseling and oversight of those being
assisted who demonstrate an inability to
handle their financial affairs
responsibly. Another use is for
depositing MFH reserve account funds
in a manner that may require Agency
co-signature for withdrawals. MFH
reserve account funds are held in a
reserve account for the future capital
improvement needs for MFH properties.
Supervised accounts are established to
ensure Government security is
adequately protected against fraud,
waste, and abuse.
The legislative authority for requiring
the use of supervised accounts is
contained in section 510 of the Housing
Act of 1949, as amended (42 U.S.C.
1480). These provisions authorize the
Secretary of Agriculture to make such
rules and regulations as deemed
necessary to carry out the
responsibilities and duties the
Government is charged with
administering.
Comments are invited on:
(a) whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Agency, including whether the
information will have practical utility;
(b) the accuracy of the Agency’s
estimate of the burden of the proposed
collection of information 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 those
who are to respond, including through
the use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
Copies of this information collection
can be obtained from Crystal Pemberton,
Rural Development Innovation Center—
Regulations Management Division, at
(202) 202–260–8621. Email:
[email protected].

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Federal Register / Vol. 89, No. 72 / Friday, April 12, 2024 / Notices
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
also become a matter of public record.
Joaquin Altoro,
Administrator, Rural Housing Service.
[FR Doc. 2024–07782 Filed 4–11–24; 8:45 am]
BILLING CODE 3410–XV–P

DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[B–63–2023]

Foreign-Trade Zone (FTZ) 17;
Authorization of Production Activity;
Panasonic Energy Corporation of
North America; (Lithium-Ion Battery
Cells); De Soto, Kansas
On December 11, 2023, Panasonic
Energy Corporation of North America
submitted a notification of proposed
production activity to the FTZ Board for
its facility within Subzone 17F, in De
Soto, Kansas.
The notification was processed in
accordance with the regulations of the
FTZ Board (15 CFR part 400), including
notice in the Federal Register inviting
public comment (88 FR 87403,
December 18, 2023). On April 9, 2024,
the applicant was notified of the FTZ
Board’s decision that no further review
of the activity is warranted at this time.
The production activity described in the
notification was authorized, subject to
the FTZ Act and the FTZ Board’s
regulations, including section 400.14.
Dated: April 9, 2024.
Elizabeth Whiteman,
Executive Secretary.
[FR Doc. 2024–07827 Filed 4–11–24; 8:45 am]
BILLING CODE 3510–DS–P

DEPARTMENT OF COMMERCE
Bureau of Industry and Security

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Technical Advisory Committees;
Notice of Recruitment of Members
The Bureau of Industry and Security
(BIS), Department of Commerce is
announcing its recruitment of
candidates to serve on one of its six
Technical Advisory Committees
(‘‘TACs’’ or ‘‘Committees’’). TAC
members advise the Department of
Commerce on the technical parameters
for export controls applicable to dualuse items (commodities, software, and
technology) and on the administration
of those controls. The TACs are
composed of representatives from
industry, academia, and the U.S.

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Government and reflect diverse points
of view on the concerns of the exporting
community. Industry representatives are
selected from firms producing a broad
range of items currently controlled for
national security, non-proliferation,
foreign policy, and short supply reasons
or that are proposed for such controls.
Representation from the private sector is
balanced to the extent possible among
large and small firms.
Six TACs are responsible for advising
the Department of Commerce on the
technical parameters for export controls
and the administration of those controls
within specified areas: Information
Systems TAC: Control List Categories 3
(electronics), 4 (computers), and 5
(telecommunications and information
security); Materials and Equipment
TAC: Control List Categories 1
(materials, chemicals, microorganisms,
and toxins) and 2 (materials processing);
Sensors and Instrumentation TAC:
Control List Category 6 (sensors and
lasers); Transportation and Related
Equipment TAC: Control List Categories
7 (navigation and avionics), 8 (marine),
and 9 (propulsion systems, space
vehicles, and related equipment); and
the Emerging Technology TAC
(identification of emerging and
foundational technologies that may be
developed over a period of five to ten
years with potential dual-use
applications). The sixth TAC, the
Regulations and Procedures TAC,
focuses on the Export Administration
Regulations (EAR) and procedures for
implementing the EAR.
TAC members are appointed by the
Secretary of Commerce and serve terms
of not more than four consecutive years.
TAC members must obtain secret-level
clearances prior to their appointment.
These clearances are necessary so that
members may be permitted access to
classified information that may be
needed to formulate recommendations
to the Department of Commerce.
Applicants are strongly encouraged to
review materials and information on
each Committee website, including the
Committee’s charter, to gain an
understanding of each Committee’s
responsibilities, matters on which the
Committee will provide
recommendations, and expectations for
members. Members of any of the six
TACs may not be registered as foreign
agents under the Foreign Agents
Registration Act. No TAC member may
represent a company that is majority
owned or controlled by a foreign
government entity (or foreign
government entities). TAC members will
not be compensated for their services or
reimbursed for their travel expenses.

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25863

If you are interested in becoming a
TAC member, please provide the
following information: 1. Name of
applicant; 2. affirmation of U.S.
citizenship; 3. organizational affiliation
and title, as appropriate; 4. mailing
address; 5. work telephone number; 6.
email address; 7. summary of
qualifications for membership; 8. An
affirmative statement that the candidate
will be able to meet the expected
commitments of Committee work.
Committee work includes: (a) attending
in-person/teleconference Committee
meetings roughly four times per year
(lasting 1–2 days each); (b) undertaking
additional work outside of full
Committee meetings including
subcommittee conference calls or
meetings as needed, and (c) frequently
drafting, preparing or commenting on
proposed recommendations to be
evaluated at Committee meetings.
Finally, candidates must provide an
affirmative statement that they meet all
Committee eligibility requirements.
The Department of Commerce is
committed to equal opportunity in the
workplace and seeks diverse Advisory
Committee membership.
To respond to this recruitment notice,
please send a copy of your resume to
Ms. Yvette Springer at Yvette.Springer@
bis.doc.gov.
Deadline: This Notice of Recruitment
will be open for 60 days from its date
of publication in the Federal Register.
Yvette Springer,
Committee Liaison Officer.
[FR Doc. 2024–07573 Filed 4–11–24; 8:45 am]
BILLING CODE 3510–JT–P

DEPARTMENT OF COMMERCE
International Trade Administration
United States Investment Advisory
Council Charter Renewal
SelectUSA, International Trade
Administration, Global Markets,
Department of Commerce.
ACTION: Notice.
AGENCY:

The United States Investment
Advisory Council (IAC). is renewed for
an additional two-year period, as a
necessary committee that is in the
public interest.
DATES: The IAC charter was renewed on
April 2, 2024 and is valid until April 2,
2026.
FOR FURTHER INFORMATION CONTACT:
Claire Pillsbury, Designated Federal
Officer, SelectUSA, U.S. Department of
Commerce; telephone: (202) 578–8239;
email: [email protected].
SUMMARY:

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