SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to comment on the proposed renewal of an information
collection, as required by the Paperwork Reduction Act of 1995 (44
U.S.C. chapter 35). Currently, the FDIC is soliciting comments
concerning a proposed information collection titled ``Depositor Claims
for Increased Insurance.''
DATES: Comments must be submitted on or before July 6, 2004.
ADDRESSES: Interested parties are invited to submit written comments
Thomas Nixon, Legal Division, Federal Deposit Insurance Corporation,
550 17th Street, NW., Washington, DC 20429. All comments should refer
to ``Depositor Claims for Increased Insurance.'' Comments may be
delivered to the guard station at the rear of the 17th Street Building
(located on F Street), on business days between 7 a.m. and 5 p.m.
Comments may also be submitted to the OMB desk officer for the FDIC:
Mark Menchik, Office of Information and Regulatory Affairs, Office
Management and Budget, New Executive Office Building, Washington,
FOR FURTHER INFORMATION CONTACT: Thomas Nixon, (202) 898-8766, or
the address above.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
Title: Depositor Claims for Increased Insurance.
OMB Number: New collection.
Frequency of Response: On occasion.
Affected Public: Depositors of failed insured institutions who own
or have an interest in a testamentary deposit account, a trust account,
a defined benefit plan, or other retirement account will be required to
complete one or more forms.
Estimated Annual Number of Respondents: 5025.
Estimated Time per Response: The time per response will range from
one-half hour to one hour depending on the form required.
Estimated Total Annual Burden: 2739 hours.
General Description of Collection: When a bank is closed by the
primary regulatory authority, the FDIC has the responsibility to pay
the insured claims of the failed bank depositors. When determining
insured and uninsured amounts it is often necessary to obtain
information from the depositors to ensure adherence to the FDIC's
Deposit Insurance Rules and Regulations. The proposed collection will
place 15 forms on the FDIC's Web site that will expedite depositors'
making insurance claims.
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
be collected; and (d) ways to minimize the burden of the information
collection on respondents, including through the use of automated
collection techniques or other forms of information technology.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the
collection should be modified prior to submission to OMB for review and
approval. Comments submitted in response to this notice also will be
summarized or included in the FDIC's requests to OMB for renewal of
this collection. All comments will become a matter of public record.
Dated at Washington, DC, this 4th day of May, 2004.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 04-10478 Filed 5-6-04; 8:45 am]
BILLING CODE 6714-01-P