[Federal Register Volume 75, Number 140 (Thursday, July 22, 2010)]
[Notices]
[Pages 42825-42826]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-18014]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Proposed Information 
Collection; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to comment on the renewal of an information collection, as 
required by the Paperwork Reduction Act of 1995. An agency may not 
conduct or sponsor, and a respondent is not required to respond to, an 
information collection unless it displays a currently valid Office of 
Management and Budget (OMB) control number. The OCC is soliciting 
comment concerning an information collection titled, ``Record and 
Disclosure Requirements--FRB Regulations B, E, M, Z, CC, and DD.''

DATES: Comments must be submitted on or before September 20, 2010.

ADDRESSES: Communications Division, Office of the Comptroller of the 
Currency, Mailstop 2-3, Attention: 1557-0176, 250 E Street, SW., 
Washington, DC 20219. In addition, comments may be sent by fax to (202) 
874-5274, or by electronic mail to [email protected]. You may 
personally inspect and photocopy comments at the OCC, 250 E Street, 
SW., Washington, DC 20219. For security reasons, the OCC requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 874-4700. Upon arrival, visitors will be required to 
present valid government-issued photo identification and to submit to 
security screening in order to inspect and photocopy comments.
    Additionally, please send a copy of your comments to OCC Desk 
Officer, 1557-0176, by mail to U.S. Office of Management and Budget, 
725 17th

[[Page 42826]]

Street, NW., 10235, Washington, DC 20503, or by fax to (202) 
395-6974.

FOR FURTHER INFORMATION CONTACT: You may request additional information 
or a copy of the collection and supporting documentation submitted to 
OMB by contacting: Mary H. Gottlieb, (202) 874-5090, Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, 250 E Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION:
    Title: Record and Disclosure Requirements--FRB Regulations B, E, M, 
Z, CC, and DD.
    OMB Control No.: 1557-0176.
    Type of Review: Regular review.
    Description: This information collection covers the Board of 
Governors of the Federal Reserve System's (FRB) Regulations B, C, E, M, 
Z, CC, and DD. The FRB Regulations include the following provisions:

Reg B--12 CFR 202--Equal Credit Opportunity

    This regulation prohibits lenders from discriminating against 
credit applicants, establishes guidelines for gathering and evaluating 
information about personal characteristics in applications for certain 
dwelling-related loans, requires lenders to provide applicants with 
copies of appraisal reports in connection with credit transactions, and 
requires written notification of action taken on a credit application.

Reg C--12 CFR 203--Home Mortgage Disclosure

    This regulation requires certain mortgage lenders to report certain 
home loan application information and to disclose certain data 
regarding their home mortgage lending.

Reg E--12 CFR 205--Electronic Fund Transfers

    This regulation establishes the rights, liabilities, and 
responsibilities of parties in electronic fund transfers and offers 
protections to consumers when they use such systems.

Reg M--12 CFR 213--Consumer Leasing

    This regulation implements the consumer leasing provisions of the 
Truth in Lending Act by requiring meaningful disclosure of leasing 
terms.

Reg Z--12 CFR 226--Truth in Lending

    This regulation prescribes uniform methods for computing the cost 
of credit, disclosing credit terms and costs, and resolving errors on 
certain types of credit accounts.

Reg CC--12 CFR 229--Availability of Funds and Collection of Checks

    This regulation establishes timeframes to govern the availability 
of funds deposited in checking accounts, rules to govern the collection 
and return of checks, and general provisions to govern the use of 
substitute checks.

Reg DD--12 CFR 230--Truth in Savings

    This regulation requires depository institutions to provide 
disclosures sufficient to enable consumers to make informed comparisons 
about accounts at depository institutions.
    Affected Public: Businesses or other for-profit.
    Burden Estimates:
    Estimated Number of Respondents: 1,650.
    Estimated Number of Responses: 1,650.
    Estimated Annual Burden: 3,899,275 hours.
    Frequency of Response: On occasion.
    Comments: Comments submitted in response to this notice will be 
summarized and included in the request for OMB 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 OCC, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's estimate of the information 
collection burden;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: July 19, 2010.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
[FR Doc. 2010-18014 Filed 7-21-10; 8:45 am]
BILLING CODE 4810-33-P