[Federal Register Volume 67, Number 58 (Tuesday, March 26, 2002)]
[Notices]
[Pages 13762-13763]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-7177]


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FEDERAL EMERGENCY MANAGEMENT AGENCY


Agency Information Collection Activities: Proposed Collection; 
Comment Request

ACTION: Notice and request for comments.

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SUMMARY: The Federal Emergency Management Agency, as part of its 
continuing effort to reduce paperwork and respondent burden, invites 
the general public and other Federal agencies to take this opportunity 
to comment on proposed continuing information collections. In 
accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. 
3506(c)(2)(A)), this notice seeks comments concerning the renewal of 
the Standard Flood Hazard Determination form.

SUPPLEMENTARY INFORMATION: FEMA is seeking to extend the use of the 
Standard Flood Hazard Determination form, which is required by Title V 
of the National Flood Insurance Reform Act of 1994. No changes in the 
information collected will be made. Changes to the form's instructions, 
to include the purpose of the form, have been made.

Collection of Information

    Title: Standard Flood Hazard Determination form.
    Type of Information Collection: Extension.
    OMB Number: 3067-0264.
    Form Numbers: FEMA 81-93 Standard Flood Hazard Determination form.
    Abstract: On September 23, 1994, the President signed the Riegle 
Community Development and Regulatory Improvement Act of 1994. Title V 
of this Act is the National Flood Insurance Reform Act (NFIRA). Section 
528 of the NFIRA requires that FEMA develop a standard hazard 
determination form for recording the determination of whether a 
structure is located within an identified Special Flood Hazard Area and 
whether flood insurance is available. Section 528 of the NFIRA also 
requires the use of this form by regulated lending institutions, 
federal agency lenders, the Federal National Mortgage Association, the 
Federal Home Loan Mortgage Corporation, and the Government National 
Mortgage Association for any loan made, increased, extended, renewed or 
purchased by these entities. The form developed to comply with the 
above requirements is the Standard Flood Hazard Determination form 
(FEMA form 81-93, dated October 1998). This form will be completed by 
federally regulated lending institutions when making, increasing, 
extending, renewing or purchasing each loan for the purpose of 
documenting the factors considered as to whether flood insurance is 
required and available. An estimated 20,000,000 such uses are made each 
year. This number is entirely driven by the volume of mortgage 
transactions, of which fluctuations in interest rates is a principal 
factor.
    Affected Public: Business or other
for-profit, Federal Government.
    Estimated Total Annual Burden Hours: Completing the Standard Flood 
Hazard Determination form is estimated to average approximately 20 
minutes per form. An estimated 20,000,000 forms per year, multiplied by 
0.33 hours per form, results in an estimated burden of approximately 
6,600,000 hours.
    Estimated Cost: An estimated 0.33 hour per form multiplied, by 20 
million forms per year, multiplied by $29 per hour results in an 
estimated annualized cost of $191,400,000.
    Comments: Written comments are solicited to: (a) Evaluate whether 
the proposed data collection is necessary for the proper performance of 
the agency, including whether the information shall have practical 
utility; (b) evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used; (c) enhance the 
quality, utility, and clarity of the information to be collected; and 
(d) minimize the burden of the collection of information on those who 
are to respond, including through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology, e.g., permitting electronic 
submission of responses. Comments should be received within 60 days of 
the date of this notice.

[[Page 13763]]


ADDRESSES: Interested persons should submit written comments to: Muriel 
B. Anderson, Chief, Records Management Section, Program Services and 
Systems Branch, Facilities Management and Services Division, 
Administration and Resource Planning Directorate, Federal Emergency 
Management Agency, 500 C Street, SW., Room 316, Washington, DC 20472.

FOR FURTHER INFORMATION CONTACT: Contact Frederick Sharrocks, Mapping 
Support Branch Chief, Federal Insurance and Mitigation Administration, 
202.646.2796, for additional information. Contact Ms. Anderson at (202) 
646-2625 (voice), (202) 646-3347(facsimile), or e-mail address: 
[email protected] for copies of the proposed information 
collection.

    Dated: March 19, 2002.
Virginia A. Akers,
Acting Chief, Program Services and Systems Branch, Facilities 
Management and Services Division, Administration and Resource Planning 
Directorate.
[FR Doc. 02-7177 Filed 3-25-02; 8:45 am]
BILLING CODE 6718-01-P