Agency Information Collection Activities: Proposed Collection; Comment Request

FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities: Proposed Collection;

Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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BACKGROUND: In accordance with the requirements of the Paperwork

Reduction Act of 1995 (44 U.S.C. chapter 35), the FDIC may not conduct

or sponsor, and the respondent is not required to respond to, an

information collection that has been extended, revised, or implemented

on or after October 1, 1995, unless it displays a currently valid

Office of Management and Budget (OMB) control number. A proposed new

collection of information is hereby published for comment. At the end

of the comment period, the comments and recommendations received will

be analyzed to determine the extent to which the collection

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should be modified prior to submission to OMB for review and approval.

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

estimate 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 to be collected;

and (d) ways to minimize the burden of information collection on

respondents, including through the use of automated collection

techniques or other forms of information technology.

DATES: Comments must be submitted on or before August 19, 1996.

ADDRESSES: Interested parties are invited to submit written comments to

Steven F. Hanft, FDIC Clearance Officer, (202) 898-3907, Office of the

Executive Secretary, Federal Deposit Insurance Corporation, 550 17th

Street N.W., Washington, D.C. 20429. All comments should refer to

``Outside Counsel Budget forms''. Comments may be hard-delivered to

Room F-400, 1776 F Street, N.W., Washington, D.C. 20429, on business

days between 8:30 a.m. and 5:00 p.m. [FAX number (202) 898-3838;

Internet address: [email protected]].

A copy of the comments may also be submitted to the MOB desk

officer for the agencies: Alexander Hunt, Office of Information and

Regulatory Affairs, Office of Management and Budget, New Executive

Office building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT: Steven F. Hanft, at the address

identified above.

SUPPLEMENTARY INFORMATION:

Proposal to Renew the Following Currently Approved Collection of

Information

Title: Outside Counsel Budget Forms.

Frequency of Response: On occasion.

Affected Public: Law firms under contract with the FDIC to provide

services.

Estimated Number of Respondents: 3,260.

Estimated Time per Response (including worksheets): Appellate--1

hour, Bankruptcy--2.5 hours, Litigation--2.5 hours, Non-litigation/

transactional--1 hour.

Estimated Total Annual burden: 3,805 hours.

General Description of Collection: Outside counsel to the FDIC must

submit detailed information about their budgets to the FDIC in order to

receive reimbursement for services rendered.

Request for Comment

Comments submitted in response to this Notice will be summarized or

included in the FDIC's requests to MOB for renewal of this collection.

All comments will become a matter of public record. Written comments

should address the accuracy of the burden estimates and ways to

minimize burden including the use of automated collection techniques or

the use of the forms of information technology as well as other aspects

of the information collection request.

Dated at Washington, D.C., this 14th day of June, 1996.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Deputy Executive Secretary.

[JR Doc. 96-15707 Filed 6-19-96; 8:45 am]

BILLING CODE 6714-01-M