[Federal Register Volume 84, Number 103 (Wednesday, May 29, 2019)]
[Notices]
[Pages 24797-24798]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-11194]


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FEDERAL TRADE COMMISSION


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request

AGENCY: Federal Trade Commission (``Commission'' or ``FTC'').

ACTION: Notice of information collection; request for comment.

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SUMMARY: The FTC requests that the Office of Management and Budget 
(``OMB'') extend for an additional three years the current Paperwork 
Reduction Act (``PRA'') clearance for information collection 
requirements in its regulation ``Duties of Furnishers of Information to 
Consumer Reporting Agencies'' (``Information Furnishers Rule''), which 
applies to certain motor vehicle dealers, and its shared enforcement 
with the Consumer Financial Protection Bureau (``CFPB'') of the 
furnisher provisions (subpart E) of the CFPB's Regulation V

[[Page 24798]]

regarding other entities. The existing clearance expires on June 30, 
2016.

DATES: Comments must be submitted on or before June 28, 2019.

ADDRESSES: Comments in response to this notice should be submitted to 
the OMB Desk Officer for the Federal Trade Commission within 30 days of 
this notice. You may submit comments using any of the following 
methods:
    Electronic: Write ``Information Furnishers Rule, PRA Comment, 
P135407,'' on your comment and file your comment online at https://www.regulations.gov, by following the instructions on the web-based 
form.
    Email: [email protected].
    Mail: Office of Information and Regulatory Affairs, Office of 
Management and Budget, Attention: Desk Officer for the Federal Trade 
Commission, New Executive Office Building, Docket Library, Room 10102, 
725 17th Street NW, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Jamie Elliott Hine, Attorney, Division 
of Privacy and Identity Protection, Bureau of Consumer Protection, 
(202) 326-2188, 600 Pennsylvania Ave. NW, CC-8232, Washington, DC 
20580.

SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 
1995 (44 U.S.C. 3501 et seq.), the FTC has submitted to the Office of 
Management and Budget (``OMB'') this request for extension of the 
previously approved collection of information discussed below.
    Title: Duties of Furnishers of Information to Consumer Reporting 
Agencies.
    OMB Control Number: 3084-0144.
    Type of Review: Extension of currently approved collection.
    Estimated Annual Burden:

Section 660.3 of FTC Rule/Section 1022.42 of CFPB Rule: 14,420 hours 
and $815,884 in associated labor costs
Section 660.4 of FTC Rule/Section 1022.43 of CFPB Rule: 2,635 hours and 
$62,423 in associated labor costs

    The total estimated burden is 17,055 hours and $878,307 in 
associated labor costs. Commission staff believes that the Information 
Furnishers Rule and subpart E of Regulation V impose negligible capital 
or other non-labor costs, as the affected entities are already likely 
to have the necessary supplies and/or equipment (e.g., offices and 
computers) for the associated information collection provisions.
    These burden figures reflect solely the FTC's estimates assigned to 
itself, including a portion reflective of its sole enforcement 
authority for certain motor vehicle dealers subject to the FTC rule.\1\ 
For more details about the Rule requirements, the background behind 
these information collection provisions, and the basis for these 
calculations, see 84 FR 10074 (March 19, 2019).
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    \1\ The FTC retains rulemaking authority for its Information 
Furnishers Rule solely for motor vehicle dealers described in 
section 1029(a) of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act (Pub. L. 111-203, 124 Stat. 1376 (2010)) that are 
predominantly engaged in the sale and servicing of motor vehicles, 
the leasing and servicing of motor vehicles, or both.
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Request for Comment

    On March 19, 2019, the Commission sought comment on the information 
collection requirements associated with the Information Furnishers Rule 
and the Commission's shared enforcement with the CFPB of the furnisher 
provisions in subpart E of the CFPB's Regulation V. 84 FR 10074. No 
relevant comments were received. Pursuant to the OMB regulations, 5 CFR 
part 1320, that implement the PRA, 44 U.S.C. 3501 et seq., the FTC is 
providing this second opportunity for public comment while seeking OMB 
approval to renew the pre-existing clearance for those information 
collection requirements.
    Your comment--including your name and your state--will be placed on 
the public record of this proceeding. Because your comment will be made 
public, you are solely responsible for making sure that your comment 
does not include any sensitive personal information, like anyone's 
Social Security number, date of birth, driver's license number or other 
state identification number or foreign country equivalent, passport 
number, financial account number, or credit or debit card number. You 
are also solely responsible for making sure that your comment does not 
include any sensitive health information, like medical records or other 
individually identifiable health information. In addition, do not 
include any ``[t]rade secret or any commercial or financial information 
which is . . . privileged or confidential'' as provided in Section 6(f) 
of the FTC Act 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16CFR 
4.10(a)(2). In particular, do not include competitively sensitive 
information such as costs, sales statistics, inventories, formulas, 
patterns devices, manufacturing processes, or customer names.

Heather Hippsley,
Deputy General Counsel.
[FR Doc. 2019-11194 Filed 5-28-19; 8:45 am]
 BILLING CODE 6750-01-P