[Federal Register Volume 90, Number 233 (Monday, December 8, 2025)]
[Notices]
[Pages 56755-56756]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-22260]
-----------------------------------------------------------------------
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, with revision, the
United States Currency Program Surveys (FR 3054; OMB No. 7100-0332).
DATES: The revisions are effective January 7, 2026.
FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of
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/review or may be
requested from the agency clearance officer, whose name appears above.
On the page displayed at the link above, you can find the supporting
information by referencing the collection identifier, FR 3054.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, With Revision, of the Following Information Collection
Collection title: United States Currency Program Surveys.
Collection identifier: FR 3054.
OMB control number: 7100-0332.
General description of collection: The U.S. Currency Program
Surveys are used to obtain information specifically tailored to the
Federal Reserve's operational and fiscal agency responsibilities. The
Board's current U.S. Currency Program set of information collections,
collectively referred to as FR 3054, are comprised of the following: Ad
Hoc Currency Surveys (FR 3054a); Currency Quality Sampling Survey (FR
3054b); Currency Quality Survey (FR 3054c); Currency Functionality and
Perception Survey (FR 3054d); and Currency Education Usability Survey
(FR 3054e). All collections except FR 3054c are conducted on an ad hoc
basis.
Frequency: The FR 3054a, FR 3054e, FR 3054f, and FR 3054g are
event-generated and may be conducted up to 10 times per year. The FR
3054b is event-generated and maybe be conducted up to 1 time per year.
The FR 3054c is conducted 2 times per year. The FR 3054d is event-
generated and conducted up to 5 times per year.
[[Page 56756]]
Respondents: Financial institutions (including depository
institutions, currency exchanges, or central banks), law enforcement,
nonfinancial businesses (retailers, banknote equipment manufacturers,
or global wholesale bank note dealers), and individuals within the
general public.
Total estimated number of respondents: FR 3054a, 400; FR 3054b,
500; FR 3054c, 25; FR 3054d, 1; FR 3054e, 250; FR 3054f, 5,000; FR
3054g, 4,000.
Estimated average hours per response: FR 3054a, 2; FR 3054b. 0.5;
FR 3054c, 30; FR 3054d, 30; FR 3054e, 1.5; FR 3054f, 0.5; FR 3054g,
0.5.
Total estimated change in burden: 37,525.
Total estimated annual burden hours: 58.650.
Current actions: On July 31, 2025, the Board published a notice in
the Federal Register (90 FR 36053) requesting public comment for 60
days on the extension, with revision, of the FR 3054. The Board
proposed to change the name of the information collection from
``Payment Systems Surveys'' to ``United States Currency Program
Surveys'' to more accurately describe the effort that the collections
support.
The Board also proposed to revise FR 3054a and FR 3054e by
splitting both into short-form and long-form collections and proposing
implementation of the Short-form Currency Program Surveys (FR 3054f)
and the Short-form Currency Education Usability Surveys (FR 3054g).
These revisions would allow the four information collections (FR 3054a,
FR 3054e, FR 3054f, FR 3054g) to more accurately account for the burden
and number of respondents, while gathering the necessary data to
support the introduction of a new set of banknotes.
The Board proposed to decrease the estimated number of respondents
for FR 3054a, increase the frequency, increase the average hours per
response, and rename the collection from ``Ad Hoc Currency Surveys'' to
``Long-form Currency Program Surveys.'' FR 3054a will continue to cover
the same topics, but will focus on utilizing long-form collection
methods, such as focus groups and interviews, while the short-form
collection methods will continue as part of a new collection, the
proposed FR 3054f.
The Board proposed to correct FR 3054d by decreasing the number of
respondents, and increasing the estimated duration to accurately
reflect the number and length of meetings held between the Board,
FedCash Services, Bureau of Engraving and Printing, and banknote
equipment manufacturers. This proposed revision returns FR 3054d to the
burden hours that previously existed prior to 2020.
The Board proposed for FR 3054e to increase the estimated average
hours per response and rename the collection from ``Currency Education
Usability Survey'' to ``Long-form Currency Education Usability
Surveys.'' Similar to FR 3054a, FR 3054e would continue to cover the
same topics, but would focus on long-form collection methods, while the
short-form collection methods would continue as part of a new
collection (the proposed FR 3054g).
The Board proposed to establish a new information collection, the
``Short-form Currency Program Surveys'' (FR 3054f). This new collection
will allow the Board to cover the same topics as the revised FR 3054a,
but through quicker collection methods with a higher number of
respondents.
The Board proposed to establish a second new collection, the
``Short-form Currency Education Usability Surveys'' (FR 3054g). FR
3054g would cover the same topics as FR 3054e using quicker and broader
collection methods. The comment period for this notice expired on
September 29, 2025. The Board did not receive any comments. The
revisions will be implemented as proposed.
Board of Governors of the Federal Reserve System, December 4,
2025.
Erin M. Cayce,
Assistant Secretary of the Board.
[FR Doc. 2025-22260 Filed 12-5-25; 8:45 am]
BILLING CODE 6210-01-P