[Federal Register Volume 84, Number 30 (Wednesday, February 13, 2019)]
[Notices]
[Pages 3775-3776]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-02173]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request (OMB No. 3064-0161)
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995, invites the general public and other Federal
agencies to take this opportunity to comment on the renewal of the
existing information collection described below (3064-0161). On
November 27, 2018, the FDIC requested comment for 60 days on a proposal
to renew the information collection described below. No comments were
received. The FDIC hereby gives notice of its plan to submit to OMB a
request to approve the renewal of this collection, and again invites
comment on this renewal.
DATES: Comments must be submitted on or before March 15, 2019.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
https://www.FDIC.gov/regulations/laws/federal.
Email: [email protected]. Include the name and number of
the collection in the subject line of the message.
Mail: Jennifer Jones (202-898-6768), Counsel, MB-3105,
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 7:00 a.m. and 5:00 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: Jennifer Jones, Counsel, 202-898-6768,
[email protected], MB-3105, Federal Deposit Insurance Corporation, 550
17th Street NW, Washington, DC 20429.
[[Page 3776]]
SUPPLEMENTARY INFORMATION: On November 27, 2018, the FDIC requested
comment for 60 days on a proposal to renew the information collection
described below. No comments were received. The FDIC hereby gives
notice of its plan to submit to OMB a request to approve the renewal of
this collection, and again invites comment on this renewal.
Proposal to renew the following currently approved collection of
information:
1. Title: Furnisher Information Accuracy and Integrity (FACTA 312).
OMB Number: 3064-0161.
Form Number: None.
Affected Public: State nonmember banks.
Burden Estimate:
Summary of Annual Burden
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Estimated Estimated Total annual
Type of burden Obligation to number of frequency of Estimated time per Frequency of estimated
respond respondents responses response response burden (hours)
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Procedures to Enhance the Reporting....... Mandatory....... 3,533 1 40 hours.......... Annually......... 141,320
Accuracy and Integrity of
Information furnished to
Consumer Reporting Agencies
Under Section 312 of the
Fair and Accurate Credit
Transaction Act.
Distribution of Notices in Third-Party Mandatory....... 3,533 1 14 minutes........ On Occasion...... 16,487
Response to Direct Disputes. Disclosure.
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Total Hourly Burden...... ................ ................ .............. .............. .................. ................. 157,807
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General Description of Collection: Sec. 312 of the Fair and
Accurate Credit Transaction Act of 2003 (FACT Act) requires the FDIC
to: Issue guidelines for furnishers regarding the accuracy and
integrity of the information about consumers furnished to consumer
reporting agencies; prescribe regulations requiring furnishers to
establish reasonable policies/procedures to implement the guidelines;
and issue regulations identifying the circumstances where a furnisher
must reinvestigate a dispute about the accuracy of information in a
consumer report based on a direct request from a consumer.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is the result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response and frequency of responses have remained
the same.
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 collection of information 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, on February 8, 2019.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019-02173 Filed 2-12-19; 8:45 am]
BILLING CODE 6714-01-P