[Federal Register Volume 89, Number 24 (Monday, February 5, 2024)]
[Notices]
[Pages 7707-7708]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-02184]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

[Docket No. AS24-04]


Agency Information Collection Activities; Renewal of an Approved 
Information Collection: Reporting Information for the AMC Registry

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

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
ASC invites public comments on our intention to request the Office of 
Management and Budget (OMB) approval to renew an information collection 
request entitled ``Reporting information for the AMC Registry.''

DATES: Written comments must be received on or before April 5, 2024 to 
be assured of consideration.

ADDRESSES: Commenters are encouraged to submit comments by the Federal 
eRulemaking Portal or email, if possible. You may submit comments, 
identified by Docket Number AS24-04, by any of the following methods:
     Federal eRulemaking Portal: https://www.Regulations.gov. 
Follow the instructions for submitting comments. Click on the ``Help'' 
tab on the Regulations.gov home page to get information on using 
Regulations.gov, including instructions for submitting public comments.
     E-Mail: [email protected]. Include the docket number in 
the subject line of the message.
     Fax: (202) 289-4101. Include the docket number of fax 
cover sheet.
     Mail: Address to Appraisal Subcommittee, Attn: Lori 
Schuster, Management and Program Analyst, 1325 G Street NW, Suite 500, 
Washington, DC 20005.
     Hand Delivery/Courier: 1325 G Street NW, Suite 500, 
Washington, DC 20005.
    In general, the ASC will enter all comments received into the 
docket and publish those comments on the Regulations.gov website 
without change, including any business or personal information that you 
provide, such as name and address information, email addresses, or 
phone numbers. Comments received, including attachments and other 
supporting materials, are part of the public record and subject to 
public disclosure. Do not enclose any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure. The ASC will summarize and/or include your 
comments in the request for OMB's clearance of this information 
collection.
    You may review comments and other related materials that pertain to 
this action by any of the following methods:
     Viewing Comments Electronically: Go to https://www.Regulations.gov. Enter ``Docket ID AS24-04'' in the Search box and 
click ``Search.'' Click on the ``Help'' tab on the Regulations.gov home 
page to get information on using Regulations.gov, including 
instructions for viewing public comments, viewing other supporting and 
related materials, and viewing the docket after the close of the 
comment period.
     Viewing Comments Personally: You may personally inspect 
comments at the ASC office, 1325 G Street NW, Suite 500, Washington, DC 
20005. To make an appointment, please call Lori Schuster at (202) 595-
7578.

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.

SUPPLEMENTARY INFORMATION: 
    Title: Reporting information for the AMC Registry.
    OMB Number: 3139-0009.
    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 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

[[Page 7708]]

    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. The estimate for burden assumes 
that 51 States will continue to register and supervise AMCs, and that 
the average number of AMCs in a State will be 101. This estimate is 
based on information currently available on the AMC Registry, and will 
be high for some States, and low for other States. As of January 16, 
2024, 49 States are submitting data to the AMC Registry. The initial 
entry by a State on a single AMC is estimated to take 15 minutes. 
Subsequent entries to amend information on an AMC, annually or 
periodically, are estimated to also be 15 minutes.
    Current Action: Annual burden has been increased from 1,148 hours 
to 1,275 as the number of 90 that was used in the previous collection 
renewal estimate has been increased to 101.
    Type of Review: Extension of a currently approved collection.
    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: 1,275 hours.

    By the Appraisal Subcommittee.
James R. Park,
Executive Director.
[FR Doc. 2024-02184 Filed 2-2-24; 8:45 am]
BILLING CODE 6700-01-P