Information Collection Submitted to OMB for Review

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

Information Collection Submitted to OMB for Review

AGENCY: Office of the Comptroller of the Currency, Treasury.

ACTION: Notice of information collection submitted to OMB for review

and approval under the Paperwork Reduction Act of 1980.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction

Act of 1980 (44 U.S.C. Chapter 35), the Office of the Comptroller of

the Currency (OCC) hereby gives notice that it has sent to the Office

of Management and Budget (OMB) a Paperwork Reduction Act Submission

regarding an information collection titled Agricultural Loan Loss

Amortization (12 CFR 35).

DATES: Comments on this information collection are welcome and should

be submitted by May 12, 1995.

ADDRESSES: A copy of the submission may be obtained by calling or

writing the OCC contact.

SUPPLEMENTARY INFORMATION: In accordance with the requirements of the

Paperwork Reduction Act of 1980 (44 U.S.C. Chapter 35), the Office of

the Comptroller of the Currency (OCC) has sent to the Office of

Management and Budget (OMB) a Paperwork Reduction Act Submission

regarding the following information collection:

Type of Review: Regular.

Title: Agricultural Loan Loss Amortization (12 CFR 35).

Description: The OCC is proposing to remove 12 CFR Part 35 and the

attendant information collection, effective January 1, 1999. The OCC

published 12 CFR Part 35 to implement title VIII of the Competitive

Equality Banking Act (12 U.S.C. 1823(j)). Because the statute requires

that a loss occur on or before December 31, 1991, to qualify, and that

the amortization period may not exceed seven years, the program becomes

obsolete on January 1, 1999.

Form Number: None.

OMB Number: 1557-0186.

Respondents: Businesses or other for-profit.

Number of Respondents: 4.

Total Annual Responses: 4.

Average Hours Per Response: 15 minutes.

Total Annual Burden Hours: 1.

OMB Reviewer: Milo Sunderhauf, (202)395-7340, Paperwork Reduction

Project 1557-0186, Office of Management and Budget, Room 10226, New

Executive Office Building, Washington, DC 20503.

OCC Contact: John Ference or Jessie Gates, (202)874-5090,

Legislative and Regulatory Activities Division (1557-0186), Office of

the Comptroller of the Currency, 250 E Street, SW, Washington, DC

20219.

Comments: Comments regarding the submission should be addressed to

both the OMB reviewer and the OCC contact listed above.

Dated: March 7, 1995.

James F.E. Gillespie,

Director, Legislative and Regulatory Activities.

[FR Doc. 95-6106 Filed 3-10-95; 8:45 am]

BILLING CODE 4810-33-P