[Federal Register Volume 87, Number 241 (Friday, December 16, 2022)]
[Notices]
[Page 77080]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-27274]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No. CFPB-2022-0081]


Agency Information Collection Activities: Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Consumer Financial Protection Bureau (Bureau or CFPB) requests the 
extension of the Office of Management and Budget's (OMB's) approval of 
an existing information collection titled ``Generic Information 
Collection Plan for the Development and Testing of Disclosures and 
Related Materials'' approved under OMB Number 3170-0022.

DATES: Written comments are encouraged and must be received on or 
before January 17, 2023 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.
    In general, all comments received will become public records, 
including any personal information provided. Sensitive personal 
information, such as account numbers or Social Security numbers, should 
not be included.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Anthony May, Paperwork Reduction Act Officer, at 
(202) 435-7278, or email: [email protected]. If you require this 
document in an alternative electronic format, please contact 
[email protected]. Please do not submit comments to these 
email boxes.

SUPPLEMENTARY INFORMATION: 
    Title of Collection: Generic Information Collection Plan for the 
Development and Testing of Disclosures and Related Materials.
    OMB Control Number: 3170-0022.
    Type of Review: Extension of a currently approved information 
collection.
    Affected Public: Individuals and households.
    Estimated Number of Respondents: 73,800.
    Estimated Total Annual Burden Hours: 25,463.
    Abstract: The Bureau will use this generic information collection 
for the development and testing of consumer financial disclosures and 
related materials. The research will result in recommendations for the 
development of and revisions to such disclosures and related materials. 
The research activities may be conducted by the Bureau or its 
contractors and will include cognitive psychological testing methods or 
quantitative evaluations. This approach has been demonstrated to be 
feasible and valuable by the Bureau and other agencies in developing 
disclosures and related materials. The Bureau will conduct planned 
research activities toward the goal of creating effective disclosures 
and related materials that will help consumers understand the features 
of consumer financial products and services.
    Request for Comments: The Bureau published a 60-day Federal 
Register notice on October 5, 2022 (87 FR 60386) under Docket Number: 
CFPB-2022-0068. The Bureau is publishing this notice and soliciting 
comments on: (a) Whether the collection of information is necessary for 
the proper performance of the functions of the Bureau, including 
whether the information will have practical utility; (b) The accuracy 
of the Bureau's estimate of the burden of the collection of 
information, including the validity of the methods and the 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. Comments submitted in response to this notice will be 
reviewed by OMB as part of its review of this request. All comments 
will become a matter of public record.

Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2022-27274 Filed 12-15-22; 8:45 am]
BILLING CODE 4810-AM-P