Notice2026-05546
Agency Information Collection Activities; Proposed Collection; Comment Request; Emergency Capital Investment Program Initial Supplemental Report and Quarterly Supplemental Report
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
March 20, 2026
Issuing agencies
Treasury Department
Abstract
The Department of the Treasury, 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 information collections listed below, in accordance with the Paperwork Reduction Act of 1995.
Full Text
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<title>Federal Register, Volume 91 Issue 54 (Friday, March 20, 2026)</title>
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[Federal Register Volume 91, Number 54 (Friday, March 20, 2026)]
[Notices]
[Pages 13700-13701]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-05546]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Proposed Collection;
Comment Request; Emergency Capital Investment Program Initial
Supplemental Report and Quarterly Supplemental Report
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of information collection; request for comment.
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SUMMARY: The Department of the Treasury, 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
information collections listed below, in accordance with the Paperwork
Reduction Act of 1995.
DATES: Written comments must be received on or before May 19, 2026.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestions for
reducing the burden, to Treasury PRA Clearance Officer, 1750
[[Page 13701]]
Pennsylvania Ave. NW, Suite 8100, Washington, DC 20220, or email at
<a href="/cdn-cgi/l/email-protection#dc8c8e9d9ca8aeb9bdafa9aea5f2bbb3aa"><span class="__cf_email__" data-cfemail="500002111024223531232522297e373f26">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Spencer W. Clark by emailing <a href="/cdn-cgi/l/email-protection#f9a9abb8b98d8b9c988a8c8b80d79e968f"><span class="__cf_email__" data-cfemail="90c0c2d1d0e4e2f5f1e3e5e2e9bef7ffe6">[email protected]</span></a>, calling
(202) 927-5331, or viewing the entire information collection request at
<a href="http://www.reginfo.gov">www.reginfo.gov</a>.
SUPPLEMENTARY INFORMATION:
Title: Emergency Capital Investment Program Initial Supplemental
Report and Quarterly Supplemental Report.
OMB Control Number: 1505-0275.
Type of Request: Extension without change of a previously approved
collection.
Description: Authorized by the Consolidated Appropriations Act,
2021, the Emergency Capital Investment Program (ECIP) was created to
encourage low- and moderate-income community financial institutions to
augment their efforts to support small businesses and consumers in
their communities. Under the program, Treasury provided approximately
$8.70 billion in capital directly to depository institutions that are
certified Community Development Financial Institutions (CDFIs) or
minority depository institutions (MDIs) to, among other things, provide
loans, grants, and forbearance for small businesses, minority-owned
businesses, and consumers, especially in low-income and underserved
communities, that may have been disproportionately impacted by the
economic effects of the COVID-19 pandemic. ECIP capital is eligible for
a reduction in the dividend or interest rate payable on the instruments
depending on the increase in lending by the recipients of the capital
(Recipients) within minority, rural, and urban low-income and
underserved communities and to low and moderate-income borrowers over a
baseline amount of lending. Recipients were required to submit an
Initial Supplemental Report and are required to submit quarterly
reports to determine their increase in lending to the specified
targeted communities over the baseline and therefore their
qualification for rate reductions on the dividend or interest rates
payable on the ECIP instruments. In addition, these reports will
collect data necessary for Treasury and other oversight bodies to
evaluate program outcomes over time. Treasury used the Initial
Supplemental Report to establish a baseline amount of qualified
lending. Treasury proposes to continue use of a variation of this form
to collect additional or restated data on a Recipient's amount of
baseline lending, such as in connection with mergers, acquisitions, or
other business combinations. Instructions may be modified from time to
time to accommodate these uses. Treasury uses the Quarterly
Supplemental Report to collect the information required to establish a
Recipient's increase in lending. The Quarterly Supplemental Report has
two components: (1) schedules which must be completed each quarter that
collect data on activity for the preceding quarter and (2) schedules
that collect data on the preceding calendar year of activity that are
submitted annually. There are separate schedules and instructions for
insured depository institutions, bank holding companies, and savings
and loan holding companies; and credit unions.
Forms: Quarterly Report Schedules: Recipients of ECIP investments
will be required to submit two schedules on a quarterly basis. Schedule
A--Summary Qualified Lending is used to collect the Qualified Lending
and Deep Impact Lending, as defined in the Glossary in the Instructions
to the Quarterly Supplemental Report, of a Recipient for a given
quarter. Schedule A is therefore used to establish the growth in a
Recipient's Qualified Lending over its baseline Qualified Lending for
the purposes of calculating the payment rate on the ECIP preferred
shares or subordinated debt issued by the Recipient. Schedule B--
Disaggregated Qualified Lending is used to present further detail on
the composition of the Participant's Qualified and Deep Impact Lending.
Annual Report Schedules: Annually, Recipients will report on up to ten
(10) additional schedules, depending on the origination activity that
took place during the prior year. Schedule C--Additional Demographic
Data on Qualified Lending collects additional demographic data on
certain categories of Qualified Lending and Deep Impact Lending.
Schedule D--Additional Place based Data on Qualified Lending collects
additional geographic data on certain categories of Qualified Lending
and Deep Impact Lending.
Legal Certifications: Annually, under the terms of the ECIP
investments, Recipient institutions must provide certain
certifications. Treasury has prepared the form of these certifications
for use on an annual basis by Recipients.
Affected Public: Recipients of investments through the Emergency
Capital Investment Program.
Estimated Number of Respondents: 165.
Frequency of Response: Quarterly Supplemental Report--Four times
annually for Schedules A and B, annually for Schedules C and D; One
time annually for the Legal Certifications; As needed for the Initial
Supplemental Report for Mergers & Acquisitions.
Estimated Total Number of Annual Responses: Initial Supplemental
Report--10 for cases of mergers and acquisition; Quarterly Supplemental
Report--660 for Schedules A & B and 165 for Schedule C and D; and Legal
Certifications--495.
Estimated Time per Response: 160 hours annually for the Initial
Supplemental Report, for cases of mergers and acquisition; 10 hours
annually for the Quarterly Supplemental Report Schedules A & B + 120
hours for Schedules C & D; 0.2 hours for the Legal Certifications.
Estimated Total Annual Burden Hours: 28,143.
Request for Comments: Comments submitted in response to this notice
will be summarized and included in the request for Office of Management
and Budget 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 agency, including whether the information shall have practical
utility; (b) the accuracy of the agency'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 of information on respondents, including
through the use of technology; and (e) estimates of capital or start-up
costs and costs of operation, maintenance, and purchase of services
required to provide information.
Authority: 44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2026-05546 Filed 3-19-26; 8:45 am]
BILLING CODE 4810-AK-P
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