Notices. Notice
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/register/2020/08/17/2020-17857A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 4410-18-P NATIONAL CREDIT UNION ADMINISTRATION Submission for OMB Review; Comment Request AGENCY: National Credit Union Administration (NCUA). ACTION: Notice. SUMMARY: The National Credit Union Administration (NCUA), as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on the following extension of a currently approved collection, as required by the Paperwork Reduction Act of 1995.
DATES: Written comments should be received on or before September 16, 2020 to be assured of consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to *www.reginfo.gov/public/do/PRAMain.* Find this particular information collection by selecting “Currently under 30-day Review—Open for Public Comments” or by using the search function. FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by contacting Mackie Malaka at
(703)548-2704, emailing *PRAComments@ncua.gov,* or viewing the entire information collection request at *www.reginfo.gov.* SUPPLEMENTARY INFORMATION: *OMB Number:* 3133-0117. *Title:* Designation of Low Income Status, 12 CFR part 701.34(a). *Type of Review:* Extension of a currently approved collection. *Abstract:* The Federal Credit Union Act (12 U.S.C. 1752(5)) authorizes the NCUA Board to define low-income members so that credit unions with a membership serving predominantly low-income members can benefit from certain statutory relief and receive assistance from the Community Development Revolving Loan Fund. To utilize this authority, a credit union must receive a low-income designation from NCUA as defined in NCUA's regulations at 12 CFR 701.34. NCUA uses the information from credit unions to determine whether they meet the criteria for the low-income designation. This is an extension of an emergency revision that incorporated a procedural change for credit unions, in qualifying for low-income designation status, to include military personnel in the low-income designation calculation. *Affected Public:* Not-for-profit institutions. *Estimated Total Annual Burden Hours:* 443. By Gerard Poliquin, Secretary of the Board, the National Credit Union Administration, on August 11, 2020. Dated: August 11, 2020. Mackie I. Malaka, NCUA PRA Clearance Officer. [FR Doc. 2020-17857 Filed 8-14-20; 8:45 am]
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