[Federal Register Volume 73, Number 245 (Friday, December 19, 2008)]
[Proposed Rules]
[Pages 77554-77555]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-30084]


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FEDERAL RESERVE SYSTEM

[Docket No. R-1340]

12 CFR Part 226


Regulation Z; Truth in Lending

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Proposed rule; extension of comment period.

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SUMMARY: On December 10, 2008, the Board published a proposal to amend 
Regulation Z that would conform the regulation to reflect recent 
amendments to the Truth in Lending Act (73 FR 74989). The Board is 
extending the public comment period on the proposal.

DATES: Comments must be received on or before February 9, 2009.

ADDRESSES: You may submit comments on the proposed amendments to 
Regulation Z, identified by Docket No. R-1340, by any of the following 
methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at

[[Page 77555]]

http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: [email protected]. Include the 
docket number in the subject line of the message.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Address to Jennifer J. Johnson, Secretary, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.
    All public comments will be made available on the Board's Web site 
at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as 
submitted, unless modified for technical reasons. Accordingly, comments 
will not be edited to remove any identifying or contact information. 
Public comments may also be viewed electronically or in paper in Room 
MP-500 of the Board's Martin Building (20th and C Streets, NW.) between 
9 a.m. and 5 p.m. on weekdays.

FOR FURTHER INFORMATION CONTACT: Jamie Z. Goodson or Nikita M. Pastor, 
Attorneys; Division of Consumer and Community Affairs, Board of 
Governors of the Federal Reserve System, Washington, DC 20551, at (202) 
452-2412 or (202) 452-3667. For users of Telecommunications Device for 
the Deaf (TDD) only, contact (202) 263-4869.

SUPPLEMENTARY INFORMATION: On December 10, 2008, the Board published a 
proposal to amend Regulation Z to implement the provisions of the 
Mortgage Disclosure Improvement Act of 2008 (the MDIA), which amends 
the Truth in Lending Act. The Board's proposed rule would revise 
Regulation Z's requirements for the timing and content of disclosures 
for closed-end mortgage transactions secured by a consumer's dwelling. 
The notice of proposed rulemaking stated that the public comment period 
would close on January 23, 2009. The Board is now extending the public 
comment period until February 9, 2009, consistent with the requirements 
of the Paperwork Reduction Act, which requires a 60-day comment period.

Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8-30084 Filed 12-18-08; 8:45 am]
BILLING CODE 6210-01-P