60-Day FR Notice

11651

Federal Register / Vol. 90, No. 45 / Monday, March 10, 2025 / Notices
Information collection

Respondents

Responses

73
7
11
55
73
73

14.6
7
11
55
2,190
15.33

Oil Spill Response Plans—Submit Reports .....................................................................
Oil Spill Response Plan—Class I ....................................................................................
Oil Spill Response Plan—Class II ...................................................................................
Oil Spill Response Plan—Class III ..................................................................................
Notification Plans—Maintenance .....................................................................................
Notification Plans—DOT Request ...................................................................................

Affected Public: Shippers and carriers
of petroleum liquids transported by rail.
Annual Reporting and Recordkeeping
Burden:
Number of Respondents: 2,574.
Total Annual Responses: 4,773.
Total Annual Burden Hours: 34,757.
Frequency of Collection: On occasion.
Issued in Washington, DC, on March 4,
2025 under authority delegated in 49 CFR
1.97.
T Glenn Foster,
Chief, Regulatory Review and Reinvention
Branch, Office of Hazardous Materials Safety,
Pipeline and Hazardous Materials Safety
Administration.
[FR Doc. 2025–03737 Filed 3–7–25; 8:45 am]
BILLING CODE 4910–60–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Comment Request;
Leveraged Lending
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:

The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning the
renewal of its information collection
titled, ‘‘Leveraged Lending.’’
DATES: Comments must be received by
May 9, 2025.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office

khammond on DSK9W7S144PROD with NOTICES

SUMMARY:

VerDate Sep<11>2014

16:11 Mar 07, 2025

Jkt 265001

of the Comptroller of the Currency,
Attention: 1557–0315, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 293–4835.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0315’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Following the close of this notice’s
60-day comment period, the OCC will
publish a second notice with a 30-day
comment period. You may review
comments and other related materials
that pertain to this information
collection beginning on the date of
publication of the second notice for this
collection by the method set forth in the
next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0315’’ or ‘‘Leveraged Lending.’’ Upon
finding the appropriate information
collection, click on the related ‘‘ICR
Reference Number.’’ On the next screen,
select ‘‘View Supporting Statement and
Other Documents’’ and then click on the
link to any comment listed at the bottom
of the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.

PO 00000

Frm 00056

Fmt 4703

Sfmt 4703

Hours per
response

Total hours

0.5
162
54
36
1
1

7.3
1,134
594
1,980
2,190
15.33

FOR FURTHER INFORMATION CONTACT:

Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. Section
3506(c)(2)(A) of title 44 generally
requires Federal agencies to provide a
60-day notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of an existing collection of
information, before submitting the
collection to OMB for approval. To
comply with this requirement, the OCC
is publishing notice of the renewal/
revision of this collection.
Title: Leveraged Lending.
OMB Control No.: 1557–0315.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Description: On March 22, 2013, the
agencies 1 issued guidance to the
financial institutions they supervise 2 on
how to evaluate and monitor credit risks
in leveraged loans, understand the effect
of changes in borrowers’ enterprise
values on credit portfolio quality, and
assess the sensitivity of future credit
losses to these changes in enterprise
values.3 In regard to the underwriting of
such credits, the guidance provides
information for financial institutions to
consider in assessing whether borrowers
have the ability to repay credits when
due and whether borrowers have
1 OCC, Board of Governors of the Federal Reserve
System, and Federal Deposit Insurance Corporation.
2 For the OCC, the term ‘‘financial institution’’ or
‘‘institution’’ includes national banks, Federal
savings associations, and Federal branches and
agencies supervised by the OCC.
3 78 FR I 7766 (March 22, 2013).

E:\FR\FM\10MRN1.SGM

10MRN1

khammond on DSK9W7S144PROD with NOTICES

11652

Federal Register / Vol. 90, No. 45 / Monday, March 10, 2025 / Notices

sustainable capital structures, including
bank borrowings and other debt, to
support their continued operations
through economic cycles. The guidance
also provides information to financial
institutions on the risks and potential
impact of stressful events and
circumstances on a borrower’s financial
condition.
The final guidance recommends that
financial institutions consider
developing: (i) underwriting policies for
leveraged lending, including stresstesting procedures for leveraged credits;
(ii) risk management policies, including
stress-testing procedures for pipeline
exposures; and (iii) policies and
procedures for incorporating the results
of leveraged credit and pipeline stress
tests into the firm’s overall stress-testing
framework. While not requirements,
these recommended policies qualify as
‘‘collections of information’’ as defined
in the PRA.
Respondents are financial institutions
with leveraged lending activities as
defined in the guidance that may
develop policies recommended in the
guidance.
Estimated Frequency of Response: On
occasion.
Estimated Number of Respondents:
30.
Estimated Total Annual Burden:
50,812.8 hours.
Comments submitted in response to
this notice will be summarized and
included in the request for OMB
approval. All comments will become a
matter of public record. Comments are
invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Patrick T. Tierney,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2025–03751 Filed 3–7–25; 8:45 am]
BILLING CODE 4810–33–P

VerDate Sep<11>2014

16:11 Mar 07, 2025

Jkt 265001

DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities; Comment
Request for Gaming Industry Tip Rate
Compliance Agreement (GITCA)
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:

The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the general public and other
Federal agencies to take this
opportunity to comment on continuing
information collections, as required by
the Paperwork Reduction Act of 1995.
The IRS is soliciting comments
concerning Gaming Industry Tip Rate
Compliance Agreement (GITCA).
DATES: Written comments should be
received on or before May 9, 2025 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Andres Garcia, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
to pra.comments@irs.gov. Please
include, ‘‘OMB Number: 1545–1530—
Gaming Industry Tip Rate Compliance
Agreement’’ in the Subject line.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form should be directed to
LaNita Van Dyke at (202) 317–6009, or
at Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW,
Washington, DC 20224, or through the
internet, at Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Gaming Industry Tip Rate
Compliance Agreement.
OMB Number: 1545–1530.
Revenue Procedure Number: 2007–32.
Abstract: The Gaming Industry Tip
Compliance Agreement (GITCA)
Program is designed to promote
compliance by gaming industry
employers and employees with the
provisions of the Internal Revenue Code
relating to tip income and to reduce
disputes under section 3121(q). Under
the GITCA Program, a gaming industry
employer and the Internal Revenue
Service (IRS) work together to reach a
GITCA that establishes minimum tip
rates for participating tipped employees
in specified occupational categories,
prescribes a threshold level of
participation by the employer’s
employees, and reduces compliance
burdens for the employer and
enforcement burdens for the IRS. The
SUMMARY:

PO 00000

Frm 00057

Fmt 4703

Sfmt 9990

collections of information include the
agreements, annual reports,
recordkeeping requirements, and model
gaming tip agreements, which are
detailed within Revenue Procedure
2007–32, Exhibit 1—Gaming Industry
Tip Compliance Agreement.
Current Actions: There is no change to
the existing revenue procedures or
burden at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit institutions.
Estimated Number of Respondents:
710.
Estimated Time per Respondent: 14
hours, 44 minutes.
Estimated Total Annual Burden
Hours: 10,467 hours.
The following paragraph applies to all
the collections of information covered
by this notice.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Books or records relating to a collection
of information must be retained if their
contents may become material in the
administration of any internal revenue
law. Generally, tax returns and tax
return information are confidential, as
required by 26 U.S.C. 6103.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
(a) whether the collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
agency’s estimate of the burden of the
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; (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;
and (e) estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: March 4, 2025.
Molly J. Stasko,
Senior Tax Analyst.
[FR Doc. 2025–03730 Filed 3–7–25; 8:45 am]
BILLING CODE 4830–01–P

E:\FR\FM\10MRN1.SGM

10MRN1