60 Day FR Notice

60 day FR Notice.pdf

46 CFR 532 - NVOCC Negotiated Rate Arrangements

60 Day FR Notice

OMB: 3072-0071

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Federal Register / Vol. 89, No. 224 / Wednesday, November 20, 2024 / Notices
FEDERAL FINANCIAL INSTITUTIONS
EXAMINATION COUNCIL
[Docket No. AS24–21]

Appraisal Subcommittee; Notice of
Meeting
Appraisal Subcommittee of the
Federal Financial Institutions
Examination Council.
ACTION: Notice of special closed
meeting.
AGENCY:

Description: In accordance with
section 1104(b) of title XI of the
Financial Institutions Reform, Recovery,
and Enforcement Act of 1989, codified
at 12 U.S.C. 3333(b), notice is hereby
given that the Appraisal Subcommittee
(ASC) met for a Special Closed Meeting
on this date.
Location: Virtual meeting via Webex.
Date: November 13, 2024.
Time: 11:16 a.m. ET.
Discussion Item
State Compliance Reviews
The ASC convened a Special Closed
Meeting to discuss State Compliance
Reviews pursuant to section 1104(b) of
title XI (12 U.S.C. 3333(b)).
James R. Park,
Executive Director.
[FR Doc. 2024–27110 Filed 11–19–24; 8:45 am]
BILLING CODE 6700–01–P

FEDERAL MARITIME COMMISSION
[FMC–2024–0018; FMC–2024–0019; FMC–
2024–0020; FMC–2024–0021]

Renewal of Agency Information
Collections of Previously Approved
Collections; 60-Day Public Comment
Request; Marine Terminal Operators;
Service Contracts, Non-Vessel
Operating Common Carriers
AGENCY:

Information Collections Open for
Comment

The Federal Maritime
Commission (Commission) is giving
public notice that the agency has
submitted to the Office of Management
and Budget (OMB) for approval
extensions, without change, of existing
information collections related to
marine terminal operator schedules,
service contracts, non-vessel-operating
common carrier (NVOCC) service
arrangements and negotiated rate
agreements. The public is invited to
comment on these information
collections pursuant to the Paperwork
Reduction Act of 1995.
DATES: Written comments must be
submitted on or before January 21, 2025.

I. Title: 46 CFR Part 525—Marine
Terminal Operator Schedules and
Related Form FMC–1
OMB Approval Number: 3072–0061
(Expires July 31, 2025).
Abstract: Section 40501(f) of title 46
of the United States Code provides
marine terminal operators (MTOs) with
the option of making their schedules of
rates, regulations, and practices
available to the public subject to 46
U.S.C. 41102(c). MTOs must maintain a
complete set of all of their terminal
schedules and shall promptly make
them available to the Commission upon
request. Each MTO is required to file
Form FMC–1 with the Bureau of Trade
Analysis providing its organization

Federal Maritime Commission.
ACTION: Notice and request for comment.
SUMMARY:

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The Commission is
accepting comments using the Federal
eRulemaking Portal at
www.regulations.gov. The dockets for
this notice, which include a copy of any
applicable forms, and submitting
comments can be found at https://
www.regulations.gov/ under the
following Docket Nos:
46 CFR part 525: FMC–2024–0018.
46 CFR part 530: FMC–2024–0019.
46 CFR part 531: FMC–2024–0020.
46 CFR part 532: FMC–2024–0021.
Follow the instructions provided for
submitting comments.
FOR FURTHER INFORMATION CONTACT:
Amy Strauss, (202) 523–5793,
[email protected].
SUPPLEMENTARY INFORMATION: The
Commission invites the general public
and other Federal agencies to comment
on any aspect of the continuing
information collections listed in this
notice, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. 3501
et seq.). We are particularly interested in
receiving comments on: (1) the necessity
and utility of the proposed information
collection for the proper performance of
the agency’s functions; (2) the accuracy
of the estimated burden; (3) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(4) the use of automated collection
techniques or other forms of information
technology to minimize the information
collection burden.
Comments submitted in response to
this notice will be included or
summarized in our request for Office of
Management and Budget (OMB)
approval of the relevant information
collection. All comments are part of the
public record and subject to disclosure.
Please do not include any confidential
or inappropriate material in your
comments.
ADDRESSES:

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name, organization number, home office
address, name and telephone number of
the firm’s representative, the location of
its terminal schedule(s), and the
publisher, if any, used to maintain its
terminal schedule. The Commission
publishes a list on its website of the
location of any terminal schedule made
available to the public.
Current Actions: There are no changes
to this information collection, and it is
being submitted for extension purposes
only.
Type of Review: Extension.
Needs and Uses: The Commission
uses the information filed by these
parties to maintain continuous
surveillance over the activities of these
entities and to meet its responsibilities
with regard to identifying and
preventing unreasonable preference or
prejudice and unjust discrimination
pursuant to 46 U.S.C. 41102.
Frequency: Submission of new FMC–
1 forms or updates to existing forms are
not assigned a specific time frame by the
Commission; they are submitted as
circumstances warrant. However, it is
unlikely that any single entity would
need to provide information more than
once in a calendar year.
Type of Respondents: Marine
Terminal Operators.
Number of Annual Respondents:
There are currently 202 MTOs registered
with the Commission. One hundred and
forty-six (146) of those entities make
their schedules available to the public.
Based on previous years, the
Commission estimates that
approximately 20 MTOs will file a new
FMC–1 or update an existing FMC–1.
MTOs are not required to inform the
Commission when they update a marine
terminal schedule outside of publishing
its location; however, the Commission
estimates that 10 MTOs would update
their schedules in a given year.
Estimated Time per Response: The
time per response for completing Form
FMC–1 averages 0.5 person-hours, and
approximately 5 person-hours for
updating an existing MTO schedule.
Total Annual Burden: The
Commission estimates the total personhour burden at 60 person-hours per
year.
II. Title: 46 CFR Part 530—Service
Contracts and Related Form FMC–83
OMB Approval Number: 3072–0065
(Expires July 31, 2025).
Abstract: Section 40502 of title 46 of
the United States Code requires ocean
common carriers and agreements
between or among such carriers to file
their service contracts confidentially
with the Commission. The
Commission’s rules governing the filing

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Federal Register / Vol. 89, No. 224 / Wednesday, November 20, 2024 / Notices

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of service contracts are set forth at 46
CFR part 530.
Current Actions: There are no changes
to this information collection, and it is
being submitted for extension purposes
only.
Type of Review: Extension.
Needs and Uses: The Commission
monitors service contract filings to
ensure compliance with 46 U.S.C.
subtitle IV.
Frequency: Frequency of filings is
determined by the ocean common
carrier and its customers. When parties
enter into a service contract or amend
the contract, the service contract or
amendment must be filed with the
Commission.
Type of Respondents: Ocean common
carriers or their duly appointed agents
are required to file service contracts and
amendments with the Commission.
Number of Annual Respondents: The
Commission estimates an annual
respondent universe of 89 ocean
common carriers. During 2023, carriers
filed 361,971 original service contracts,
and 851,191 service contract
amendments.
Estimated Time per Response: The
Commission estimates that the time per
response ranges from 0.0166 to 1
person-hours for reporting and
recordkeeping requirements contained
in the regulations and is 0.1 personhours for completing Form FMC–83.
Total Annual Burden: The
Commission estimates the total annual
person-hour burden at 45,171 personhours.
III. Title: 46 CFR Part 531—NVOCC
Service Arrangements
OMB Approval Number: 3072–0070
(Expires July 31, 2025).
Abstract: 46 CFR part 531 allows
NVOCCs and shippers’ associations
with NVOCC members to act as shipper
parties in NVOCC Service Arrangements
(NSAs), and to be exempt from certain
tariff publication requirements of 46
U.S.C. subtitle IV provided the NVOCC
posts a prominent notice in its rules
tariff invoking the NSA exemption and
provides electronic access to its rules
tariff to the public free of charge. This
information collection corresponds to
the requirements to include the NSA
exemption in the tariff, recordkeeping
requirements, and the requirement to
make the tariff publicly available free of
charge.
Current Actions: There are no changes
to this information collection, and it is
being submitted for extension purposes
only.
Type of Review: Extension.
Needs and Uses: The Commission
uses NSAs and associated data for

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monitoring and investigatory purposes
and, in its proceedings, to adjudicate
related issues raised by private parties.
Frequency: NVOCCs that opt to enter
into an NSA in lieu of publishing tariff
rate(s) must post a notice in its rules
tariff invoking the NSA exemption.
Type of Respondents: Parties that
enter into NSAs are NVOCCs and
shippers’ associations with NVOCC
members.
Number of Annual Respondents: Of
the total respondent universe of
approximately 8,700 active NVOCCs,
the Commission estimates that 325
NVOCCs per year add a prominent
notice to their electronically published
rules tariff indicating the intention to
invoke the NSA exemption. The
Commission estimates that
approximately 1,500 NVOCCs in total
have invoked this exemption and would
therefore be subject to the recordkeeping
requirements.
Estimated Time per Response: The
time per response is estimated to be 15
minutes to add a tariff rule invoking the
NSA exemption, and one hour for
recordkeeping requirements.
Total Annual Burden: Total annual
burden is estimated to be 1,581 hours.
IV. Title: 46 CFR Part 532—NVOCC
Negotiated Rate Arrangements
OMB Approval Number: 3072–0071
(Expires July 31, 2025).
Abstract: Section 40103 of title 46 of
the United States Code authorizes the
Commission to exempt by order or
regulation ‘‘any class of agreements
between persons subject to [46 U.S.C.
subtitle IV, Part A] or any specified
activity of those persons from any
requirement of [46 U.S.C. subtitle IV,
Part A] if the Commission finds that the
exemption will not result in substantial
reduction in competition or be
detrimental to commerce.’’ The
Commission may attach conditions to
any exemption and may, by order,
revoke an exemption. In 46 CFR part
532, the Commission exempted
NVOCCs from the tariff rate publication
requirements of Part 520 and allowed an
NVOCC to enter into an NVOCC
Negotiated Rate Arrangement (NRA) in
lieu of publishing its tariff rate(s),
provided the NVOCC posts a prominent
notice in its rules tariff invoking the
NRA exemption and provides electronic
access to its rules tariff to the public free
of charge. This information collection
corresponds to the rules tariff prominent
notice and the requirement to make its
rules tariff publicly available free of
charge.
Current Actions: There are no changes
to this information collection, and it is

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being submitted for extension purposes
only.
Type of Review: Extension.
Needs and Uses: The Commission
uses the information filed by an NVOCC
in its rules tariff to determine whether
the NVOCC has invoked the exemption
for a particular shipment or shipments.
The Commission has used and will
continue to use the information required
to be maintained by NVOCCs for
monitoring and investigatory purposes,
and, in its proceedings, to adjudicate
related issues raised by private parties.
Type of Respondents: Parties that
enter into NRAs are NVOCCs and
shippers’ associations with NVOCC
members.
Number of Annual Respondents: Of
the total respondent universe of
approximately 8,700 active NVOCCs, an
average of 500 annually over the last
three years have added a prominent
notice to its electronically published
rules tariff indicating the intention to
invoke the NRA exemption. The
Commission estimates that a total of
3,800 NVOCCs now utilize the NRA
exemption and would then need
approximately one hour per year for
recordkeeping requirements.
Estimated Time per Response: The
time per response is estimated to be 15
minutes to add a tariff rule invoking the
NRA exemption, and one hour for
recordkeeping requirements.
Total Annual Burden: Total annual
burden is estimated to be 3,925 hours.
David Eng,
Secretary.
[FR Doc. 2024–27129 Filed 11–19–24; 8:45 am]
BILLING CODE 6730–02–P

FEDERAL RESERVE SYSTEM
[Docket No. OP–1845]

DEPARTMENT OF THE TREASURY
Study and Report to Congress on the
Impact on Consumers and Markets in
the United States of a Final
International Insurance Capital
Standard
Board of Governors of the
Federal Reserve System and Federal
Insurance Office, Department of the
Treasury.
ACTION: Notice of completion of report
drafting; request for comments.
AGENCY:

The Board of Governors of the
Federal Reserve System (Board) and the
Federal Insurance Office (FIO) of the
Department of the Treasury (together,
the agencies) are providing notice that
the agencies have completed drafting

SUMMARY:

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