Information Collection Notice Related To Rule for Identity Theft Red Flags and Address Discrepancies Under Fair and Accurate Transactions Act of 2003, 54689-54690 [E6-15403]

Download as PDF Federal Register / Vol. 71, No. 180 / Monday, September 18, 2006 / Notices DEPARTMENT OF LABOR Office of the Secretary Submission for OMB Review; Comment Request cprice-sewell on PROD1PC66 with NOTICES September 12, 2006. The Department of Labor (DOL) has submitted the following public information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (Pub. L. 104–13, 44 U.S.C. Chapter 35). A copy of each ICR, with applicable supporting documentation, may be obtained by contacting the Department of Labor (DOL). To obtain documentation, contact Ira Mills on 202–693–4122 (this is not a toll-free number) or E-Mail: mills.ira@dol.gov. Comments should be sent to Office of Information and Regulatory Affairs, Attn: OMB Desk Officer for DOL, Office of Management and Budget, Room 10235, Washington, DC 20503 202–395– 7316 (this is not a toll-free number), within 30 days from the date of this publication in the Federal Register. The OMB is particularly interested in comments which: • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Agency: Bureau of Labor Statistics. Type of Review: Extension without change of a currently approved collection. Title: International Price Program (IPP)/U.S. Export Price Indexes. OMB Number: 1220–0025. Frequency: Quarterly; Monthly. Affected Public: Business or other forprofit. Number of Respondents: 2,700. Number of Annual Responses: 18,410. Total Burden Hours: 11,871. VerDate Aug<31>2005 14:48 Sep 15, 2006 Jkt 208001 Estimated Time per Response: Initial response rate is 1 hour and the followup response rate is 9 minutes. Total annualized capital/startup costs: $0. Total annual costs (operating/ maintaining systems or purchasing services): $0. Description: The price data collected by the IPP is used to produce indexes which measure, on a monthly basis, changes in transaction prices of goods and services exported from or imported into the U.S. This published data is in turn used to deflate import and export trade statistics, deflate the foreign trade component of the GDP, determine monetary and fiscal policy, negotiate trade agreements, and determine trade and commercial policy. The respondents are establishments conducting import/export trade and receive no compensation for their participation. The IPP survey is voluntary. Agency: Bureau of Labor Statistics. Type of Review: Extension without change of a currently approved collection. Title: International Price Program (IPP) U.S. Import Product Information. OMB Number: 1220–0026. Frequency: Quarterly; Monthly. Affected Public: Business or other forprofit. Number of Respondents: 3,700. Number of Annual Responses: 25,680. Total Burden Hours: 17,409. Estimated Time per Response: Initial response rate is 1 hour and the followup response rate is 9 minutes. Total annualized capital/startup costs: $0. Total annual costs (operating/ maintaining systems or purchasing services): $0. Description: The price data collected by the IPP is used to produce indexes which measure, on a monthly basis, changes in transaction prices of goods and services exported from or imported into the U.S. This published data is in turn used to deflate import and export trade statistics, deflate the foreign trade component of the GDP, determine monetary and fiscal policy, negotiate trade agreements, and determine trade and commercial policy. The respondents are establishments conducting import/export trade and receive no compensation for their participation. The IPP survey is voluntary. Ira L. Mills, Departmental Clearance Officer/Team Leader. [FR Doc. E6–15439 Filed 9–15–06; 8:45 am] BILLING CODE 4510–24–P PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 54689 NATIONAL CREDIT UNION ADMINISTRATION Information Collection Notice Related To Rule for Identity Theft Red Flags and Address Discrepancies Under Fair and Accurate Transactions Act of 2003 National Credit Union Administration (NCUA). ACTION: Notice and request for comment. AGENCY: SUMMARY: As directed by the Office of Management and Budget (OMB), the NCUA is publishing this supplementary notice and request for comments on a new, rule-related information collection that is part of an inter-agency regulation issued July 18, 2006 to implement provisions in the Fair and Accurate Credit Transactions Act of 2003 (FACTA). NCUA expects this collection to be under review at OMB shortly. DATES: Comments will be accepted until October 18, 2006. ADDRESSES: Interested parties are invited to submit written comments to the NCUA Clearance Officer and OMB Desk Officer listed below: Clearance Officer: Mr. Neil McNamara, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314–3428, Fax No. 703–837–2861, E-mail: mcnamara@ncua.gov. OMB Desk Officer: Mr. Mark Menchik, Office of Information and Regulatory Affairs, Office of Management and Budget, Docket Library, Room 10102, 725–17th Street, NW., Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: For additional information, contact Regina Metz, Staff Attorney, Office of General Counsel, at the National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314–3428, or at (703) 518–6540. SUPPLEMENTARY INFORMATION: Background The NCUA, along with the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of Thrift Supervision, and the Federal Trade Commission (the Agencies), published a proposed rule on July 18, 2006, to implement sections 114 and 315 of the FACTA by proposing guidelines for identifying patterns, practices and specific forms of activity indicative of possible identity theft. 71 FR 40785 (July 18, 2006). The Agencies also proposed joint regulations that would require financial institutions and creditors to establish policies and procedures to implement the guidelines, E:\FR\FM\18SEN1.SGM 18SEN1 54690 Federal Register / Vol. 71, No. 180 / Monday, September 18, 2006 / Notices cprice-sewell on PROD1PC66 with NOTICES including assessing the validity of address change requests. Paperwork Reduction Act Under the Paperwork Reduction Act, the Agencies may not conduct or sponsor an information collection unless it displays a currently valid OMB control number. NCUA is requesting comment on a proposed information collection. This notice supplements the notice previously published at 71 FR 40785 (July 18, 2006). Title of Information Collection: Identity Theft Red Flags and Address Discrepancies under FACTA. Frequency of Response: On occasion. Affected Public: Credit unions. Abstract: NCUA, along with the other agencies, are proposing regulations requiring credit unions to establish reasonable policies and procedures to address the risk of identity theft and to assess the validity of a request for a change of address under certain circumstances. The proposed regulation would require creation of an identity theft program and report to a board of directors at least annually on compliance with the proposed regulation. Staff must be trained to implement the program and issuers of credit and debit cards would be required to establish policies and procedures to assess the validity of a change of address request, including notification to the cardholder. Estimated burden: NCUA and the other Agencies estimate it will initially take 25 hours to create a program as required by the proposed regulation, 4 hours to prepare an annual report, and 2 hours to train staff. It is estimated that credit and debit card issuers will require an additional 4 hours to develop policies and procedures regarding assessment of the validity of a change of address request. Number of respondents: 5,245. Estimated time per response: 39 hours. Training: 2 hours. Policies and procedures for assessment of validity of changes of address: 4 hours. Policies and procedures to respond to notices of address discrepancy: 4 hours. Total estimated annual burden: 204,555. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the NCUA’s and the Agencies’ functions including whether the information has practical utility; (b) The accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used. VerDate Aug<31>2005 14:48 Sep 15, 2006 Jkt 208001 (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the information collection on respondents including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start up costs and costs of operation, maintenance, and purchase of service to provide information. SUMMARY: This notice sets forth the agenda of the forthcoming meeting of the National Museum and Library Services Board. This notice also describes the function of the Board. Notice of the meeting is required under the Sunshine in Government Act. By the National Credit Union Administration Board on September 12, 2006. Mary Rupp, Secretary of the Board. [FR Doc. E6–15403 Filed 9–15–06; 8:45 am] 3:30 p.m.–5 p.m.: Meetings of the Committees on Partnerships & Government Affairs and Policy & Planning I. Staff Reports II. Other Business BILLING CODE 7535–01–P Wednesday, September 27, 2006 from 3:30 p.m. to 5 p.m. TIME AND DATE: Committee Meetings of the Ninth National Museum and Library Service Board Meeting: AGENDA: The meetings will be held in the Board room and Karen Smith Committee room at the Institute of Museum and Library Services, 1800 M Street, NW., 9th Floor, Washington, DC 20036. Telephone: (202) 653–4676. PLACE: NATIONAL CREDIT UNION ADMINISTRATION Sunshine Act Meeting 10 a.m., Thursday, September 21, 2006. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street, Alexandria, VA 22314–3428. STATUS: Open. MATTERS TO BE CONSIDERED: 1. Final Rule: Part 745 of NCUA’s Rules and Regulations, Share Insurance Coverage. RECESS: 10:45 a.m. TIME AND DATE: 11 a.m., Thursday, September 21, 2006. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street, Alexandria, VA 22314–3428. STATUS: Closed. MATTERS TO BE CONSIDERED: 1. One (1) Insurance Appeal. Closed pursuant to Exemptions (4) and (6). FOR FURTHER INFORMATION CONTACT: Mary Rupp, Secretary of the Board, Telephone: 703–518–6304. TIME AND DATE: Mary Rupp, Secretary of the Board. [FR Doc. 06–7764 Filed 9–14–06; 3:28 pm] BILLING CODE 7535–01–M NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES Institute of Museum and Library Services, Sunshine Act Meeting of the National Museum and Library Services Board Institute of Museum and Library Services (IMLS), NFAH. ACTION: Notice of Meeting. AGENCY: PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 Thursday, September 28, 2006, from 9 a.m. to 1 p.m. TIME AND DATE: Ninth National Museum and Library Services Board Meeting: AGENDA: I. Welcome II. Approval of Minutes III. Program Reports IV. Committee Reports V. Board Program: Digital Humanities Initiative VI. Adjournment The meeting will be held in the Board room at the Institute of Museum and Library Services, 1800 M Street, NW., 9th Floor, Washington, DC 20036. Telephone: (202) 653–4676. PLACE: FOR FURTHER INFORMATION CONTACT: Elizabeth Lyons, Special Events and Board Liaison, Institute of Museum and Library Services, 1800 M Street, NW., 9th Floor, Washington, DC 20036. Telephone: (202) 653–4676. The National Museum and Library Services Board is established under the Museum and Library Services Act, 20 U.S.C. Section 9101 et seq. The Board advises the Director of the Institute on general policies with respect to the duties, powers, and authorities related to Museum and Library Services. If you need special accommodations due to a disability, please contact; Institute of Museum and Library Services, 1800 M Street, NW., 9th Fl., Washington, DC 20036. Telephone: (202) 653–4676; TDD (202) 653–4699 at least seven (7) days prior to the meeting date. SUPPLEMENTARY INFORMATION: E:\FR\FM\18SEN1.SGM 18SEN1

Agencies

[Federal Register Volume 71, Number 180 (Monday, September 18, 2006)]
[Notices]
[Pages 54689-54690]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-15403]


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NATIONAL CREDIT UNION ADMINISTRATION


Information Collection Notice Related To Rule for Identity Theft 
Red Flags and Address Discrepancies Under Fair and Accurate 
Transactions Act of 2003

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: As directed by the Office of Management and Budget (OMB), the 
NCUA is publishing this supplementary notice and request for comments 
on a new, rule-related information collection that is part of an inter-
agency regulation issued July 18, 2006 to implement provisions in the 
Fair and Accurate Credit Transactions Act of 2003 (FACTA). NCUA expects 
this collection to be under review at OMB shortly.

DATES: Comments will be accepted until October 18, 2006.

ADDRESSES: Interested parties are invited to submit written comments to 
the NCUA Clearance Officer and OMB Desk Officer listed below:
    Clearance Officer: Mr. Neil McNamara, National Credit Union 
Administration, 1775 Duke Street, Alexandria, VA 22314-3428, Fax No. 
703-837-2861, E-mail: mcnamara@ncua.gov.
    OMB Desk Officer: Mr. Mark Menchik, Office of Information and 
Regulatory Affairs, Office of Management and Budget, Docket Library, 
Room 10102, 725-17th Street, NW., Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: For additional information, contact 
Regina Metz, Staff Attorney, Office of General Counsel, at the National 
Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-
3428, or at (703) 518-6540.

SUPPLEMENTARY INFORMATION:

Background

    The NCUA, along with the Office of the Comptroller of the Currency, 
the Board of Governors of the Federal Reserve System, the Federal 
Deposit Insurance Corporation, the Office of Thrift Supervision, and 
the Federal Trade Commission (the Agencies), published a proposed rule 
on July 18, 2006, to implement sections 114 and 315 of the FACTA by 
proposing guidelines for identifying patterns, practices and specific 
forms of activity indicative of possible identity theft. 71 FR 40785 
(July 18, 2006). The Agencies also proposed joint regulations that 
would require financial institutions and creditors to establish 
policies and procedures to implement the guidelines,

[[Page 54690]]

including assessing the validity of address change requests.

Paperwork Reduction Act

    Under the Paperwork Reduction Act, the Agencies may not conduct or 
sponsor an information collection unless it displays a currently valid 
OMB control number. NCUA is requesting comment on a proposed 
information collection. This notice supplements the notice previously 
published at 71 FR 40785 (July 18, 2006).
    Title of Information Collection: Identity Theft Red Flags and 
Address Discrepancies under FACTA.
    Frequency of Response: On occasion.
    Affected Public: Credit unions.
    Abstract: NCUA, along with the other agencies, are proposing 
regulations requiring credit unions to establish reasonable policies 
and procedures to address the risk of identity theft and to assess the 
validity of a request for a change of address under certain 
circumstances. The proposed regulation would require creation of an 
identity theft program and report to a board of directors at least 
annually on compliance with the proposed regulation. Staff must be 
trained to implement the program and issuers of credit and debit cards 
would be required to establish policies and procedures to assess the 
validity of a change of address request, including notification to the 
cardholder.
    Estimated burden: NCUA and the other Agencies estimate it will 
initially take 25 hours to create a program as required by the proposed 
regulation, 4 hours to prepare an annual report, and 2 hours to train 
staff. It is estimated that credit and debit card issuers will require 
an additional 4 hours to develop policies and procedures regarding 
assessment of the validity of a change of address request.
    Number of respondents: 5,245.
    Estimated time per response: 39 hours.
    Training: 2 hours.
    Policies and procedures for assessment of validity of changes of 
address: 4 hours.
    Policies and procedures to respond to notices of address 
discrepancy: 4 hours.
    Total estimated annual burden: 204,555.
    Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the NCUA's and the Agencies' functions including 
whether the information has practical utility;
    (b) The accuracy of the estimates of the burden of the information 
collection, including the validity of the methodology and assumptions 
used.
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the information collection on 
respondents including through the use of automated collection 
techniques or other forms of information technology; and
    (e) Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of service to provide information.

    By the National Credit Union Administration Board on September 
12, 2006.
Mary Rupp,
Secretary of the Board.
 [FR Doc. E6-15403 Filed 9-15-06; 8:45 am]
BILLING CODE 7535-01-P