[Federal Register Volume 79, Number 238 (Thursday, December 11, 2014)]
[Notices]
[Pages 73604-73605]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-29025]


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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID: FEMA-2014-0034; OMB No. 1660-0040]


Agency Information Collection Activities: Proposed Collection; 
Comment Request; Standard Flood Hazard Determination Form

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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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 a revision of a currently approved information 
collection. In accordance with the Paperwork Reduction Act of 1995, 
this notice seeks comments concerning the renewal of the Standard Flood 
Hazard Determination Form which is used by federally regulated lending 
institutions to determine if a structure is located within an 
identified Special Flood Hazard Area (SFHA) and whether flood insurance 
is available.

DATES: Comments must be submitted on or before February 9, 2015.

ADDRESSES: To avoid duplicate submissions to the docket, please use 
only one of the following means to submit comments:
    (1) Online. Submit comments at www.regulations.gov under Docket ID 
FEMA-2013-0034. Follow the instructions for submitting comments.
    (2) Mail. Submit written comments to Docket Manager, Office of 
Chief Counsel, DHS/FEMA, 500 C Street SW., Room 8NE, Washington, DC 
20472-3100.
    (3) Facsimile. Submit comments to (703) 483-2999.
    All submissions received must include the agency name and Docket 
ID. Regardless of the method used for submitting comments or material, 
all submissions will be posted, without change, to the Federal 
eRulemaking Portal at http://www.regulations.gov, and will include any 
personal information you provide. Therefore, submitting this 
information makes it public. You may wish to read the Privacy Act 
notice that is available via the link in the footer of 
www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: Susan Bernstein, Program Specialist, 
FEMA, Federal Insurance and Mitigation Administration (FIMA), 202-212-
2113 for additional information. You may contact the Records Management 
Division for copies of the proposed collection of information at 
facsimile number (202) 212-4701 or email address: [email protected].

SUPPLEMENTARY INFORMATION: On September 23, 1994, Section 303(a) of the 
Riegle Community Development and Regulatory Improvement Act of 1994 was 
signed into law. Section 303(a) of this Act requires the Federal bank 
and thrift regulatory agencies to conduct a systematic review of their 
regulation and written policies in order to improve efficiency, reduce 
unnecessary costs, and eliminate inconsistencies and outmoded and 
duplicative requirements. 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 (SFHA) 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 requirement for federally regulated lending institutions to 
determine whether a building or mobile home securing a loan is located 
in an area having special flood hazards and whether flood insurance is 
available has been in effect since the enactment of the Flood Disaster 
Protection Act of 1973, although the use of a standard form was not 
required until the enactment of the Riegle Community Development and 
Regulatory Improvement Act of 1994. The establishment of the Standard 
Flood Hazard Determination form has enabled lenders to provide 
consistent information.

Collection of Information

    Title: Standard Flood Hazard Determination Form.
    Type of Information Collection: Revision of a currently approved 
information collection.
    OMB Number: 1660-0040.
    FEMA Form: FEMA Form 086-0-32, Standard Flood Hazard Determination 
Form (SFHDF).
    Abstract: FEMA Form 086-0-32, SFHDF is used by regulated lending 
institutions, federal agency lenders, related lenders/regulators, and 
the Government. Federally regulated lending institutions complete this 
form when making, increasing, extending, renewing or purchasing each 
loan for the purpose is of determining whether flood insurance is 
required and available. The form may also be used by property owner, 
insurance agents, realtors, community officials for flood insurance 
related documentation.
    Affected Public: Business or other for-profit.
    Number of Respondents: 46,456,460.
    Number of Responses: 46,456,460.
    Estimated Total Annual Burden Hours: 15,330,632 hours.

[[Page 73605]]



                                                       Estimated Annualized Burden Hours and Costs
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                                                                    Number of                                     Total
                                                       Number of    responses     Total       Average burden      annual      Average     Total annual
       Type of  respondent        Form name/form No.  respondents      per      number of   per response  (in  burden  (in    hourly     respondent cost
                                                                   respondent   responses         hours)          hours)     wage rate
--------------------------------------------------------------------------------------------------------------------------------------------------------
Business or other for-profit....  Standard Flood       46,456,460           1   46,456,460  0.33 (20 minutes)   15,330,632      $62.05   $951,265,715.60
                                   Hazard
                                   Determination
                                   Form (SFHDF)/FEMA
                                   Form 086-0-32.
                                                     --------------------------------------                   ------------------------------------------
    Total.......................  ..................   46,456,460  ..........   46,456,460  .................   15,330,632  ..........    951,265,715.60
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 Note: The ``Avg. Hourly Wage Rate'' for each respondent includes a 1.4 multiplier to reflect a fully-loaded wage rate.

    Estimated Cost: The estimated annual cost to respondents for the 
hour burden is $951,265,715.60. There are no annual costs to 
respondents' operations and maintenance costs for technical services. 
There are no annual start-up or capital costs. The cost to the Federal 
Government is $4,309.

Comments

    Comments may be submitted as indicated in the ADDRESSES caption 
above. 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.

    Dated: December 3, 2014.
Charlene D. Myrthil,
Director, Records Management Division, Mission Support, Federal 
Emergency Management Agency, Department of Homeland Security.
[FR Doc. 2014-29025 Filed 12-10-14; 8:45 am]
BILLING CODE 9110-11-P