[Federal Register Volume 76, Number 82 (Thursday, April 28, 2011)]
[Notices]
[Pages 23814-23815]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-10215]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, 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 continuing information 
collections, as required by the Paperwork Reduction Act of 1995 (44 
U.S.C. chapter 35). The FDIC is soliciting comments on renewal of three 
information collections described below.

DATES: Comments must be submitted on or before June 27, 2011.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: [email protected] Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room F-
1084, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7 a.m. and 5 p.m.
    All comments should refer to the relevant OMB control number. A 
copy of the comments may also be submitted to the OMB desk officer for 
the FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Leneta Gregorie, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collections of information:
    1. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation Z (Truth in Lending).
    OMB Number: 3064-0082.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks that regularly offer or 
extend consumer credit.
    Estimated Number of Respondents: 5,200.
    Estimated Time per Response: 491.11 hours.
    Total Annual Burden: 2,553,775 hours.
    General Description of Collection: Regulation Z (12 CFR 226), 
issued by the Board of Governors of the Federal Reserve System, 
prescribes uniform methods of computing the cost of credit, disclosure 
of credit terms, and procedures for resolving billing errors on certain 
credit accounts.
    2. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation M (Consumer Leasing).
    OMB Number: 3064-0083.

[[Page 23815]]

    Frequency of Response: On occasion.
    Affected Public: State nonmember banks engaging in consumer 
leasing.
    Estimated Number of Respondents: 2,000.
    Estimated Time per Response: 75 hours.
    Total Annual Burden: 150,000 hours.
    General Description of Collection: Regulation M (12 CFR 213), 
issued by the Board of Governors of the Federal Reserve System, 
implements the consumer leasing provisions of the Truth in Lending Act.
    3. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation B (Equal Credit Opportunity).
    OMB Number: 3064-0085.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks engaging in credit 
transactions.
    Estimated Number of Respondents: 5,200.
    Estimated Time per Response: 135.16 hours.
    Total Annual Burden: 702,832 hours.
    General Description of Collection: Regulation B (12 CFR 202), 
issued by the Board of Governors of the Federal Reserve System, 
prohibits creditors from discriminating against applicants on any of 
the bases specified by the Equal Credit Opportunity Act, establishes 
guidelines for gathering and evaluating credit information, and 
requires creditors to give applicants a written notification of 
rejection of an application.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 22nd day of April 2011.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2011-10215 Filed 4-27-11; 8:45 am]
BILLING CODE 6741-01-P