[Federal Register Volume 89, Number 65 (Wednesday, April 3, 2024)]
[Notices]
[Pages 23017-23018]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-07090]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, without revision, the 
Domestic Finance Company Report of Consolidated Assets and Liabilities 
(FR 2248; OMB No. 7100-0005).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of

[[Page 23018]]

Governors of the Federal Reserve System, [email protected], (202) 
452-3884.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements (which contain more detailed 
information about the information collections and burden estimates than 
this notice), and approved collection of information instrument(s) are 
available at https://www.reginfo.gov/public/do/PRAMain. These documents 
are also available on the Federal Reserve Board's public website at 
https://www.federalreserve.gov/apps/reportingforms/home/review or may 
be requested from the agency clearance officer, whose name appears 
above.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Collection title: Domestic Finance Company Report of Consolidated 
Assets and Liabilities.
    Collection identifier: FR 2248.
    OMB control number: 7100-0005.
    General description of collection: The voluntary FR 2248 is 
collected monthly as of the last calendar day of the month from a 
stratified sample of finance companies. Each monthly report collects 
balance sheet data on major categories of consumer and business credit 
receivables and on major short-term liabilities. For quarter-end 
months, additional asset and liability items are collected to provide a 
full balance sheet. A supplemental section collects data on securitized 
assets. Board staff may ask either quantitative or qualitative 
questions through the use of a special addendum section no more than 
twice per year. The data are used to construct universe estimates of 
finance company holdings, which are published in several statistical 
releases.
    Frequency: Monthly.
    Respondents: Sample of 150 finance companies.
    Total estimated number of respondents: 150.
    Total estimated annual burden hours: 750.\1\
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    \1\ More detailed information regarding this collection, 
including more detailed burden estimates, can be found in the OMB 
Supporting Statement posted at https://www.federalreserve.gov/apps/reportingforms/home/review. On the page displayed at the link, you 
can find the OMB Supporting Statement by referencing the collection 
identifier, FR 2248.
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    Current actions: On November 14, 2023, the Board published a notice 
in the Federal Register (88 FR 78022) requesting public comment for 60 
days on the extension, without revision, of the FR 2248. The comment 
period for this notice expired on January 16, 2024. The Board did not 
receive any comments.

Board of Governors of the Federal Reserve System.
Ann Misback,
Secretary of the Board.
[FR Doc. 2024-07090 Filed 4-2-24; 8:45 am]
BILLING CODE 6210-01-P