[Federal Register Volume 86, Number 52 (Friday, March 19, 2021)]
[Notices]
[Page 14917]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-05657]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

[Docket No. AS21-03]


Submission for OMB Review; Comment Request

AGENCY: Appraisal Subcommittee of the Federal Financial Institutions 
Examination Council (ASC).

ACTION: Notice.

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SUMMARY: The ASC as part of a continuing effort to reduce paperwork and 
respondent burden, invites the general public and other Federal 
agencies to comment on the following extension of a currently approved 
collection, as required by the Paperwork Reduction Act of 1995. On 
December 18, 2020, the ASC requested comment for 60 days on a proposal 
to renew this information collection. No comments were received. The 
ASC hereby gives notice of its plan to submit to the Office of 
Management and Budget (OMB) a request to approve the renewal of this 
collection and again invites comment on its renewal.

DATES: Written comments must be received on or before April 19, 2021 to 
be assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Lori Schuster, Management and Program 
Analyst, at (202) 595-7578, Appraisal Subcommittee, 1325 G Street NW, 
Suite 500, Washington, DC 20005. View the entire information collection 
request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION:
    Title: Reporting Information for the AMC Registry.
    OMB Number: 3139-0009.
    Type of Review: Extension of a currently approved collection.
    Abstract: The Dodd-Frank Act requires the ASC to maintain the 
National Registry of Appraisal Management Companies (AMC Registry) of 
those AMCs that are either: (1) Registered with and subject to 
supervision by a State that has elected to register and supervise AMCs; 
or (2) are Federally regulated AMCs. In order for a State that elected 
to register and supervise AMCs to enter an AMC on the AMC Registry, the 
following items are required entries by the State via extranet 
application on the AMC Registry:

State Abbreviation
State Registration Number for AMC
Employer Identification Number (EIN)
AMC Name
    Street Address
    City
    State
    Zip
License or Registration Status
    Effective Date
    Expiration Date
AMC Type (State or multi-State)
Disciplinary Action
    Effective Date
    Expiration Date
Number of Appraisers (for invoicing registry fee)

    States listing AMCs on the AMC Registry enter the above information 
for each AMC for the initial entry only. After the initial entry, the 
information is retained on the AMC Registry, and will only need to be 
amended if necessary by the State. Currently 51 States have elected to 
register and supervise AMCs with 39 States currently entering data in 
the AMC Registry.
    Current Action: There are no changes being made to this regulation.
    Affected Public: States.
    Estimated Number of Respondents: 51 States.
    Estimated Burden per Response: 15 minutes.
    Frequency of Response: Annually and on occasion.
    Estimated Total Annual Burden Hours: We estimate that a State will 
spend approximately 22.5 hours annually submitting data to the ASC for 
a total of 1,147.5 hours.
* * * * *

    By the Appraisal Subcommittee.
James R. Park,
Executive Director.
[FR Doc. 2021-05657 Filed 3-18-21; 8:45 am]
BILLING CODE 6700-01-P