60-Day FR Notice

Federal Register / Vol. 90, No. 27 / Tuesday, February 11, 2025 / Notices
any personal information the
commenter provides, to https://
www.regulations.gov, as described in
the system of records notice (DOT/ALL–
14 FDMS), which can be reviewed at
https://www.transportation.gov/privacy.
See https://www.regulations.gov/
privacy-notice for the privacy notice of
regulations.gov. To facilitate comment
tracking, we encourage commenters to
provide their name, or the name of their
organization; however, submission of
names is completely optional. If you
wish to provide comments containing
proprietary or confidential information,
please contact FRA for alternate
submission instructions.
Issued in Washington, DC.
Carolyn R. Hayward-Williams,
Director, Office of Railroad Systems and
Technology.
[FR Doc. 2025–02431 Filed 2–10–25; 8:45 am]
BILLING CODE 4910–06–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Comment Request; Covered
Savings Associations Notice
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, ‘‘Covered Savings Associations
Notice.’’

SUMMARY:

Comments must be received by
April 14, 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
of the Comptroller of the Currency,
Attention: 1557–0341, 400 7th Street

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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–
0341’’ 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–
0341’’ or ‘‘Covered Savings Associations
Notice.’’ 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.
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

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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: Covered Savings Associations
Notice.
OMB Control No.: 1557–0341.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Description: The Home Owners’ Loan
Act (HOLA), as amended by the
Economic Growth, Regulatory Relief,
and Consumer Protection Act
(EGRRCPA), allows a Federal savings
association (FSA) with total
consolidated assets of $20 billion or
less, as of December 31, 2017, to elect
to operate as a covered savings
association (CSA). This section of HOLA
requires the OCC to issue rules that,
among other things, establish
streamlined standards and procedures
for FSA elections to operate as CSAs
and clarify the requirements for the
treatment of a CSA. A CSA has the same
rights and privileges as a national bank
and is subject to the same duties and
restrictions as a national bank.
Twelve CFR part 101 allows FSAs to
elect national bank powers and operate
as CSAs. An FSA seeking to operate as
a CSA is required under 12 CFR 101.3(a)
to submit a notice making a CSA
election to the OCC that: (1) is signed by
a duly authorized officer of the FSA;
and (2) identifies and describes any
nonconforming subsidiaries, assets, or
activities that the FSA operates, holds,
or conducts at the time it submits its
notice.
Under 12 CFR 101.5(a), the OCC may
require a CSA to submit a plan to divest,
conform, or discontinue a
nonconforming subsidiary, asset, or
activity.
A CSA may submit a notice to
terminate its election to operate as a
CSA under 12 CFR 101.6 using
procedures similar to those for an
election. In addition, after a period of
five years, an FSA that has terminated
its election to operate as a CSA may
submit a notice under 12 CFR 101.7 to

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Federal Register / Vol. 90, No. 27 / Tuesday, February 11, 2025 / Notices

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reelect using the same procedures used
for its original election.
Estimated Frequency of Response: On
occasion.
Estimated Number of Respondents:
259.
Estimated Total Annual Burden: 284
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,

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maintenance, and purchase of services
to provide information.
Patrick T. Tierney,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2025–02481 Filed 2–10–25; 8:45 am]
BILLING CODE 4810–33–P

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Notice of OFAC Sanctions Action
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:

The U.S. Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the names
of one or more persons and vessels that
have been placed on OFAC’s Specially
Designated Nationals and Blocked
Persons List (SDN List) based on
OFAC’s determination that one or more
applicable legal criteria were satisfied.
All property and interests in property
subject to U.S. jurisdiction of these
persons are blocked, and U.S. persons
are generally prohibited from engaging
in transactions with them. The vessels

SUMMARY:

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placed on the SDN List have been
identified as property in which a
blocked person has an interest. OFAC is
also updating the entry on the SDN List
for one person.
This action was issued on
February 6, 2025. See SUPPLEMENTARY
INFORMATION for relevant dates.
DATES:

FOR FURTHER INFORMATION CONTACT:

OFAC: Associate Director for Global
Targeting, 202–622–2420; Assistant
Director for Licensing, 202–622–2480;
Assistant Director for Sanctions
Compliance, 202–622–2490 or https://
ofac.treasury.gov/contact-ofac.
SUPPLEMENTARY INFORMATION:

Electronic Availability
The SDN List and additional
information concerning OFAC sanctions
programs are available on OFAC’s
website: https://ofac.treasury.gov.
Notice of OFAC Action
On February 6, 2025, OFAC
determined that the property and
interests in property subject to U.S.
jurisdiction of the following persons are
blocked under the relevant sanctions
authority listed below.
BILLING CODE 4810–AL–P

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