Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension, 36515-36517 [E8-14621]
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Federal Register / Vol. 73, No. 125 / Friday, June 27, 2008 / Notices
Form 325 to accommodate systems
using technologies other than coaxial
cable (Section II,4). Previously, the
number of these filers was very small.
Now the portion of the sample is
becoming significant. These revisions/
refinements to Form 325 will allow the
form to be filed electronically by these
filers, avoiding a significant cost.
Refinements are also made to the form
to eliminate instances where potential
subscribers are double counted (Section
II,2). This occurs where a competing
system enters the market and reports as
such. These refinements impose no
significant new requirement and will
reduce aggregate filing costs by
simplifying filing for overbuilders and
permitting electronic filing for the
increasing number of competing service
providers.
The FCC uses Form 325 ‘‘Annual
Report of Cable Television’’ to solicit
basic operational information from a
sample of cable systems nationwide,
including: the operator’s name and
address; system-wide capacity and
frequency information; channel usage;
and number of subscribers. Operators of
every operational cable television
system are required to complete the
form to verify, correct and/or furnish the
Commission with the most current
information on their respective cable
systems.
Federal Communications Commission.
Marlene H. Dortch,
Secretary.
[FR Doc. E8–14640 Filed 6–26–08; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Extension
Federal Trade Commission
(‘‘Commission’’ or ‘‘FTC’’).
ACTION: Notice.
jlentini on PROD1PC65 with NOTICES
AGENCY:
SUMMARY: The information collection
requirements described below will be
submitted to the Office of Management
and Budget (‘‘OMB’’) for review, as
required by the Paperwork Reduction
Act (‘‘PRA’’). The FTC is seeking public
comments on its proposal to extend
through July 31, 2011, the current PRA
clearance for information collection
requirements contained in the
Commission’s Gramm-Leach-Bliley
Financial Privacy Rule (‘‘GLB Privacy
Rule’’ or ‘‘Rule’’). The current clearance
expires on July 31, 2008.
DATES: Comments must be submitted on
or before July 28, 2008.
VerDate Aug<31>2005
18:47 Jun 26, 2008
Jkt 214001
Interested parties are
invited to submit written comments.
Comments should refer to ‘‘Paperwork
Comment: FTC File No. P085405’’ to
facilitate the organization of comments.
A comment filed in paper form should
include this reference both in the text
and on the envelope and should be
mailed or delivered to the following
address: Federal Trade Commission,
Room H-135 (Annex J), 600
Pennsylvania Ave., N.W., Washington,
D.C. 20580. The Commission is
requesting that any comment filed in
paper form be sent by courier or
overnight service, if possible because
U.S. postal mail in the Washington area
and at the FTC is subject to delay due
to heightened security precautions.
Moreover, because paper mail in the
Washington area and at the FTC is
subject to delay, please consider
submitting your comments in electronic
form, as prescribed below. If, however,
the comment contains any material for
which confidential treatment is
requested, it must be filed in paper
form, and the first page of the document
must be clearly labeled ‘‘Confidential.’’1
Comments filed in electronic form
should be submitted by following the
instructions on the web-based form at
(https://secure.commentworks.com/ftcglbprivacyrulepra) and following the
instructions on the web-based form. To
ensure that the Commission considers
an electronic comment, you must file it
on the web-based form at the (https://
secure.commentworks.com/ftcglbprivacyrulepra) weblink. If this
notice appears at www.regulations.gov,
you may also file an electronic comment
through that website. The Commission
will consider all comments that
www.regulations.gov forwards to it.
All comments should additionally be
submitted to: Office of Management and
Budget, Attention: Desk Officer for the
Federal Trade Commission. Comments
should be submitted via facsimile to
(202) 395-6974 because U.S. Postal Mail
is subject to lengthy delays due to
heightened security precautions.
The FTC Act and other laws the
Commission administers permit the
collection of public comments to
consider and use in this proceeding as
appropriate. All timely and responsive
public comments will be considered by
the Commission and will be available to
ADDRESSES:
1 Commission Rule 4.2(d), 16 CFR 4.2(d). The
comment must be accompanied by an explicit
request for confidential treatment, including the
factual and legal basis for the request, and must
identify the specific portions of the comment to be
withheld from the public record. The request will
be granted or denied by the Commission’s General
Counsel, consistent with applicable law and the
public interest. See Commission Rule 4.9(c), 16 CFR
4.9(c).
PO 00000
Frm 00025
Fmt 4703
Sfmt 4703
36515
the public on the FTC website, to the
extent practicable, at www.ftc.gov. As a
matter of discretion, the FTC makes
every effort to remove home contact
information for individuals from the
public comments it receives before
placing those comments on the FTC
website. More information, including
routine uses permitted by the Privacy
Act, may be found in the FTC’s privacy
policy at (https://www.ftc.gov/ftc/
privacy.shtm).
FOR FURTHER INFORMATION CONTACT:
Kellie Cosgrove Riley, Senior Attorney,
Division of Privacy and Identity
Protection, Bureau of Consumer
Protection, (202) 326-2252, Federal
Trade Commission, 600 Pennsylvania
Avenue, N.W., Washington, D.C. 20580.
SUPPLEMENTARY INFORMATION: On April
2, 2008, the FTC sought comment on the
information collection requirements
associated with the GLB Privacy Rule,
16 CFR Part 313 (OMB Control Number
3084-0121). See 73 FR 17980. No
comments were received. Pursuant to
the OMB regulations, 5 CFR Part 1320,
that implement the PRA, 44 U.S.C.
3501-3521, the FTC is providing this
second opportunity for public comment
while seeking OMB approval to extend
the existing PRA clearance for the Rule.
All comments should be filed as
prescribed in the ADDRESSES section
above, and must be received on or
before July 28, 2008.
The GLB Privacy Rule is designed to
ensure that customers and consumers,
subject to certain exceptions, will have
access to the privacy policies of the
financial institutions with which they
conduct business. As mandated by the
Gramm-Leach-Bliley Act, 15 U.S.C.
6801-6809, the Rule requires financial
institutions to disclose to consumers: (1)
initial notice of the financial
institution’s privacy policy when
establishing a customer relationship
with a consumer and/or before sharing
a consumer’s non-public personal
information with certain nonaffiliated
third parties; (2) notice of the
consumer’s right to opt out of
information sharing with such parties;
(3) annual notice of the institution’s
privacy policy to any continuing
customer; and (4) notice of changes in
the institution’s practices on
information sharing. These
requirements are subject to the PRA.
The Rule does not require
recordkeeping.
Estimated annual hours burden: As
noted in the original burden estimate for
the GLB Privacy Rule, determining the
paperwork burden of the Rule’s
disclosure requirements is very difficult
because of the highly diverse group of
E:\FR\FM\27JNN1.SGM
27JNN1
36516
Federal Register / Vol. 73, No. 125 / Friday, June 27, 2008 / Notices
business, apart from the GLB Privacy
Rule. In addition, some entities may use
highly automated means to provide the
required disclosures, while others may
rely on methods requiring more manual
effort. The burden estimates shown
below include the time that may be
necessary to train staff to comply with
the regulations. These figures are
averages based on staff’s best estimate of
the burden incurred over the broad
spectrum of covered entities.
Staff retains its prior estimate of the
number of entities each year that will
address the GLB Privacy Rule for the
first time (5,000) and its estimate of
established entities already familiar
affected entities, consisting of financial
institutions not regulated by a federal
financial regulatory agency. See 15
U.S.C. 6805 (committing to the
Commission’s jurisdiction entities that
are not specifically subject to another
agency’s jurisdiction).
The burden estimates represent the
FTC staff’s best assessment, based on its
knowledge and expertise relating to the
financial institutions subject to the
Commission’s jurisdiction under this
law. To derive these estimates, staff
considered the wide variations in
covered entities. In some instances,
covered entities may make the required
disclosures in the ordinary course of
Hourly wage and labor
category*
Event
Hours per
Respondent
Approx. Number of
Respondents
with the Rule (100,000). While the
number of established entities familiar
with the Rule would theoretically
increase each year with the addition of
new entrants, staff retains its previous
estimate of established entities given
that a number of the established entities
will close in any given year, and also
given the difficulty of establishing a
more precise estimate. Staff’s burden
estimates for new entrants and
established entities are detailed in the
charts below.
Start-up hours and labor costs for new
entrants:
Approx. Total Annual
Hrs.
Approx. Total Labor
Costs
Reviewing internal
policies and developing GLBAimplementing
instructions**
$31.66 managerial/professional
20
5,000
100,000
$3,166,000
Creating disclosure
document or electronic disclosure
(including initial,
annual, and opt
out disclosures)
$14.71 clerical
5
5,000
25,000
$367,750
$32.82 professional/
technical
10
50,000
$1,641,000
$14.71 clerical
15
75,000
$1,103,250
$32.82 professional/
technical
10
50,000
$1,641,000
300,000
$7,919,000
Disseminating initial
disclosure (including opt out notices)
5,000
Total
* Staff calculated labor costs by applying appropriate hourly cost figures to burden hours. The hourly rates used were based on mean wages
for managerial/professional time (e.g., compliance evaluation and/or planning), professional/technical time (e.g., designing and producing notices,
reviewing and updating information systems), and clerical time (e.g., reproduction tasks, filing, and, where applicable to the given event, typing or
mailing). See BLS National Compensation Survey, June 2006, Table 1, available at https://www.bls.gov/ncs/ocs/sp/ncbl0910.pdf (Management,
professional, and related; office and administrative support) and BLS Occupational Employment and Wages 2006,Table 2, available at https://
www.bls.gov/news.release/pdf/ocwage.pdf (professional, scientific, and technical services - business and financial operations). Labor cost totals
reflect solely that of the commercial entities affected. Staff assumes that the time required of consumers to respond affirmatively to respondents’
opt-out programs (be it manually or electronically) would be minimal.
** Reviewing instructions includes all efforts performed by or for the respondent to: determine whether and to what extent the respondent is
covered by an agency collection of information, understand the nature of the request, and determine the appropriate response (including the creation and dissemination of document and/or electronic disclosures).
Burden hours and costs for established
entities:
predictably would be less than for startup entities because start-up costs, such
as crafting a privacy policy, are
generally one-time costs and have
Burden for established entities
already familiar with the Rule
Hourly wage and labor
category*
jlentini on PROD1PC65 with NOTICES
Event
Reviewing GLBAimplementing
policies and
practices
VerDate Aug<31>2005
$31.66 managerial/
professional
18:47 Jun 26, 2008
Jkt 214001
Hours per
Respondent
4
PO 00000
Approx. Number of
Respondents**
70,000
Frm 00026
Fmt 4703
Sfmt 4703
already been incurred. Staff’s best
estimate of the average burden for these
entities is as follows:
Approx. Total Annual
Hours
Approx. Total Labor
Costs
280,000
$8,864,800
E:\FR\FM\27JNN1.SGM
27JNN1
36517
Federal Register / Vol. 73, No. 125 / Friday, June 27, 2008 / Notices
Hourly wage and labor
category*
Disseminating annual disclosure
Hours per
Respondent
15
$32.82 professional/
technical
70,000
5
1,000
Total
$15,445,500
$11,487,000
15,000
5
$14.71 clerical
1,050,000
$220,650
5,000
$32.82 professional/
technical
Changes to privacy
policies and related disclosures
15
Approx. Total Labor
Costs
350,000
$14.71 clerical
Approx. Number of
Respondents**
Approx. Total Annual
Hours
$164,100
1,700,000
Event
$36,182,050
* Staff calculated labor costs by applying appropriate hourly cost figures to burden hours; labor cost totals reflect solely that of the commercial
entities affected. The hourly rates used were based on mean wages for managerial/professional time (e.g., compliance evaluation and/or planning), professional/technical time (e.g., designing and producing notices, reviewing and updating information systems), and clerical time (e.g., reproduction tasks, filing, and, where applicable to the given event, typing or mailing). See BLS National Compensation Survey, June 2006, Table
1, available at https://www.bls.gov/ncs/ocs/sp/ncbl0910.pdf (Management, professional, and related; office and administrative support) and BLS
Occupational Employment and Wages 2006,Table 2, available at https://www.bls.gov/news.release/pdf/ocwage.pdf (professional, scientific, and
technical services - business and financial operations). Consumers have a continuing right to opt-out, as well as a right to revoke their opt-out at
any time. When a respondent changes its information sharing practices, consumers are again given the opportunity to opt-out. Again, staff assumes that the time required of consumers to respond affirmatively to respondents’ opt-out programs (be it manually or electronically) would be
minimal.
** The estimate of respondents is based on the following assumptions: (1) 100,000 respondents, approximately 70% of whom maintain customer relationships exceeding one year, (2) no more than 1% (1,000) of whom make additional changes to privacy policies at any time other
than the occasion of the annual notice; and (3) such changes will occur no more often than once per year.
As calculated above, the total annual
PRA burden hours and labor costs for all
affected entities in a given year would
be 2,000,000 hours and $44,101,000,
respectively.
Estimated Capital/Other Non-Labor
Costs Burden: Staff believes that capital
or other non-labor costs associated with
the document requests are minimal.
Covered entities will already be
equipped to provide written notices
(e.g., computers with word processing
programs, typewriters, copying
machines, mailing capabilities). Most
likely, only entities that already have
on-line capabilities will offer consumers
the choice to receive notices via
electronic format. As such, these entities
will already be equipped with the
computer equipment and software
necessary to disseminate the required
disclosures via electronic means.
information collection requests under
review by the Office of Management and
Budget (OMB) in compliance with the
Paperwork Reduction Act (44 U.S.C.
Chapter 35). To request a copy of these
requests, call the CDC Reports Clearance
Officer at (404) 639–5960 or send an
e-mail to omb@cdc.gov. Send written
comments to CDC Desk Officer, Office of
Management and Budget, Washington,
DC or by fax to (202) 395–6974. Written
comments should be received within 30
days of this notice.
David C. Shonka,
Acting General Counsel.
[FR Doc. E8–14621 Filed 6–26–08: 8:45 am]
Background and Brief Description
[BILLING CODE: 6750–01–S]
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
jlentini on PROD1PC65 with NOTICES
[30Day–08–0488]
Agency Forms Undergoing Paperwork
Reduction Act Review
The Centers for Disease Control and
Prevention (CDC) publishes a list of
VerDate Aug<31>2005
18:47 Jun 26, 2008
Jkt 214001
Proposed Project
Restriction on Travel of Persons (OMB
Control No. 0920–0488)—Reinstatement
without Change—National Center for
Preparedness, Detection, and Control of
Infectious Diseases (NCPDCID), Centers
for Disease Control and Prevention
(CDC).
The Centers for Disease Control and
Prevention is requesting OMB approval
to reinstate without change the
information collection request,
Restriction on Travel of Persons (OMB
Control No. 0920–0488). This
information collection request expired
on March 31, 2007.
CDC is authorized to collect this
information under 42 CFR 70.5 (certain
communicable diseases; special
requirements). This regulation requires
that any person who is in the
communicable period for cholera,
plague, smallpox, typhus, or yellow
fever or having been exposed to any
PO 00000
Frm 00027
Fmt 4703
Sfmt 4703
such disease is in the incubation period
thereof, to apply for and receive a
permit from the Surgeon General or his
authorized representative in order to
travel from one State or possession to
another.
Control of disease transmission
within the States is considered to be the
province of State and local health
authorities, with Federal assistance
being sought by those authorities on a
cooperative basis without application of
Federal regulations. The regulations in
42 part 70 were developed to facilitate
Federal action in the event of large
outbreaks requiring a coordinated effort
involving several States, or in the event
of inadequate local control. While it is
not known whether, or to what extent
situations may arise in which these
regulations would be invoked,
contingency planning for domestic
emergency preparedness is now
commonplace. Should these situations
arise, CDC will use the reporting and
recordkeeping requirements contained
in the regulations to carry out
quarantine responsibilities as required
by law.
The only cost to respondents is their
time to submit the application materials.
The estimated annualized burden for
this data collection is 3,600 hours.
E:\FR\FM\27JNN1.SGM
27JNN1
]]>Agencies
[Federal Register Volume 73, Number 125 (Friday, June 27, 2008)]
[Notices]
[Pages 36515-36517]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-14621]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Extension
AGENCY: Federal Trade Commission (``Commission'' or ``FTC'').
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The information collection requirements described below will
be submitted to the Office of Management and Budget (``OMB'') for
review, as required by the Paperwork Reduction Act (``PRA''). The FTC
is seeking public comments on its proposal to extend through July 31,
2011, the current PRA clearance for information collection requirements
contained in the Commission's Gramm-Leach-Bliley Financial Privacy Rule
(``GLB Privacy Rule'' or ``Rule''). The current clearance expires on
July 31, 2008.
DATES: Comments must be submitted on or before July 28, 2008.
ADDRESSES: Interested parties are invited to submit written comments.
Comments should refer to ``Paperwork Comment: FTC File No. P085405'' to
facilitate the organization of comments. A comment filed in paper form
should include this reference both in the text and on the envelope and
should be mailed or delivered to the following address: Federal Trade
Commission, Room H-135 (Annex J), 600 Pennsylvania Ave., N.W.,
Washington, D.C. 20580. The Commission is requesting that any comment
filed in paper form be sent by courier or overnight service, if
possible because U.S. postal mail in the Washington area and at the FTC
is subject to delay due to heightened security precautions. Moreover,
because paper mail in the Washington area and at the FTC is subject to
delay, please consider submitting your comments in electronic form, as
prescribed below. If, however, the comment contains any material for
which confidential treatment is requested, it must be filed in paper
form, and the first page of the document must be clearly labeled
``Confidential.''\1\
---------------------------------------------------------------------------
\1\ Commission Rule 4.2(d), 16 CFR 4.2(d). The comment must be
accompanied by an explicit request for confidential treatment,
including the factual and legal basis for the request, and must
identify the specific portions of the comment to be withheld from
the public record. The request will be granted or denied by the
Commission's General Counsel, consistent with applicable law and the
public interest. See Commission Rule 4.9(c), 16 CFR 4.9(c).
---------------------------------------------------------------------------
Comments filed in electronic form should be submitted by following
the instructions on the web-based form at (https://
secure.commentworks.com/ftc-glbprivacyrulepra) and following the
instructions on the web-based form. To ensure that the Commission
considers an electronic comment, you must file it on the web-based form
at the (https://secure.commentworks.com/ftc-glbprivacyrulepra) weblink.
If this notice appears at www.regulations.gov, you may also file an
electronic comment through that website. The Commission will consider
all comments that www.regulations.gov forwards to it.
All comments should additionally be submitted to: Office of
Management and Budget, Attention: Desk Officer for the Federal Trade
Commission. Comments should be submitted via facsimile to (202) 395-
6974 because U.S. Postal Mail is subject to lengthy delays due to
heightened security precautions.
The FTC Act and other laws the Commission administers permit the
collection of public comments to consider and use in this proceeding as
appropriate. All timely and responsive public comments will be
considered by the Commission and will be available to the public on the
FTC website, to the extent practicable, at www.ftc.gov. As a matter of
discretion, the FTC makes every effort to remove home contact
information for individuals from the public comments it receives before
placing those comments on the FTC website. More information, including
routine uses permitted by the Privacy Act, may be found in the FTC's
privacy policy at (https://www.ftc.gov/ftc/privacy.shtm).
FOR FURTHER INFORMATION CONTACT: Kellie Cosgrove Riley, Senior
Attorney, Division of Privacy and Identity Protection, Bureau of
Consumer Protection, (202) 326-2252, Federal Trade Commission, 600
Pennsylvania Avenue, N.W., Washington, D.C. 20580.
SUPPLEMENTARY INFORMATION: On April 2, 2008, the FTC sought comment on
the information collection requirements associated with the GLB Privacy
Rule, 16 CFR Part 313 (OMB Control Number 3084-0121). See 73 FR 17980.
No comments were received. Pursuant to the OMB regulations, 5 CFR Part
1320, that implement the PRA, 44 U.S.C. 3501-3521, the FTC is providing
this second opportunity for public comment while seeking OMB approval
to extend the existing PRA clearance for the Rule. All comments should
be filed as prescribed in the ADDRESSES section above, and must be
received on or before July 28, 2008.
The GLB Privacy Rule is designed to ensure that customers and
consumers, subject to certain exceptions, will have access to the
privacy policies of the financial institutions with which they conduct
business. As mandated by the Gramm-Leach-Bliley Act, 15 U.S.C. 6801-
6809, the Rule requires financial institutions to disclose to
consumers: (1) initial notice of the financial institution's privacy
policy when establishing a customer relationship with a consumer and/or
before sharing a consumer's non-public personal information with
certain nonaffiliated third parties; (2) notice of the consumer's right
to opt out of information sharing with such parties; (3) annual notice
of the institution's privacy policy to any continuing customer; and (4)
notice of changes in the institution's practices on information
sharing. These requirements are subject to the PRA. The Rule does not
require recordkeeping.
Estimated annual hours burden: As noted in the original burden
estimate for the GLB Privacy Rule, determining the paperwork burden of
the Rule's disclosure requirements is very difficult because of the
highly diverse group of
[[Page 36516]]
affected entities, consisting of financial institutions not regulated
by a federal financial regulatory agency. See 15 U.S.C. 6805
(committing to the Commission's jurisdiction entities that are not
specifically subject to another agency's jurisdiction).
The burden estimates represent the FTC staff's best assessment,
based on its knowledge and expertise relating to the financial
institutions subject to the Commission's jurisdiction under this law.
To derive these estimates, staff considered the wide variations in
covered entities. In some instances, covered entities may make the
required disclosures in the ordinary course of business, apart from the
GLB Privacy Rule. In addition, some entities may use highly automated
means to provide the required disclosures, while others may rely on
methods requiring more manual effort. The burden estimates shown below
include the time that may be necessary to train staff to comply with
the regulations. These figures are averages based on staff's best
estimate of the burden incurred over the broad spectrum of covered
entities.
Staff retains its prior estimate of the number of entities each
year that will address the GLB Privacy Rule for the first time (5,000)
and its estimate of established entities already familiar with the Rule
(100,000). While the number of established entities familiar with the
Rule would theoretically increase each year with the addition of new
entrants, staff retains its previous estimate of established entities
given that a number of the established entities will close in any given
year, and also given the difficulty of establishing a more precise
estimate. Staff's burden estimates for new entrants and established
entities are detailed in the charts below.
Start-up hours and labor costs for new entrants:
------------------------------------------------------------------------
Approx. Approx.
Hourly wage Hours per Approx. Total Total
Event and labor Respondent Number of Annual Labor
category* Respondents Hrs. Costs
------------------------------------------------------------------------
Reviewin $31.66 20 5,000 100,000 $3,166,00
g managerial/ 0
interna profession
l al
policie
s and
develop
ing
GLBA-
impleme
nting
instruc
tions**
---------
Creating $14.71 5 5,000 25,000 $367,750
disclos clerical
ure
documen
t or
electro
nic
disclos
ure
(includ
ing
initial
,
annual,
and opt
out
disclos
ures)
---------
$32.82 10 ............. 50,000 $1,641,00
profession 0
al/
technical
---------
Dissemin $14.71 15 5,000 75,000 $1,103,25
ating clerical 0
initial
disclos
ure
(includ
ing opt
out
notices
)
---------
$32.82 10 ............. 50,000 $1,641,00
profession 0
al/
technical
---------
Total ........... ............ ............. 300,000 $7,919,00
0
------------------------------------------------------------------------
* Staff calculated labor costs by applying appropriate hourly cost
figures to burden hours. The hourly rates used were based on mean
wages for managerial/professional time (e.g., compliance evaluation
and/or planning), professional/technical time (e.g., designing and
producing notices, reviewing and updating information systems), and
clerical time (e.g., reproduction tasks, filing, and, where applicable
to the given event, typing or mailing). See BLS National Compensation
Survey, June 2006, Table 1, available at https://www.bls.gov/ncs/ocs/sp/
ncbl0910.pdf (Management, professional, and related; office and
administrative support) and BLS Occupational Employment and Wages
2006,Table 2, available at https://www.bls.gov/news.release/pdf/
ocwage.pdf (professional, scientific, and technical services -
business and financial operations). Labor cost totals reflect solely
that of the commercial entities affected. Staff assumes that the time
required of consumers to respond affirmatively to respondents' opt-out
programs (be it manually or electronically) would be minimal.
** Reviewing instructions includes all efforts performed by or for the
respondent to: determine whether and to what extent the respondent is
covered by an agency collection of information, understand the nature
of the request, and determine the appropriate response (including the
creation and dissemination of document and/or electronic disclosures).
Burden hours and costs for established entities:
Burden for established entities already familiar with the Rule
predictably would be less than for start-up entities because start-up
costs, such as crafting a privacy policy, are generally one-time costs
and have already been incurred. Staff's best estimate of the average
burden for these entities is as follows:
------------------------------------------------------------------------
Approx. Approx.
Hourly wage Hours per Approx. Number Total Total
Event and labor Respondent of Annual Labor
category* Respondents** Hours Costs
------------------------------------------------------------------------
Reviewi $31.66 4 70,000 280,000 $8,864,8
ng managerial/ 00
GLBA- profession
implem al
enting
polici
es and
practi
ces
--------
[[Page 36517]]
Dissemi $14.71 15 70,000 1,050,000 $15,445,
nating clerical 500
annual
disclo
sure
--------
$32.82 5 ............... 350,000 $11,487,
profession 000
al/
technical
--------
Changes $14.71 15 1,000 15,000 $220,650
to clerical
privac
y
polici
es and
relate
d
disclo
sures
--------
$32.82 5 ............... 5,000 $164,100
profession
al/
technical
--------
Total ........... ............ ............... 1,700,000 $36,182,
050
------------------------------------------------------------------------
* Staff calculated labor costs by applying appropriate hourly cost
figures to burden hours; labor cost totals reflect solely that of the
commercial entities affected. The hourly rates used were based on mean
wages for managerial/professional time (e.g., compliance evaluation
and/or planning), professional/technical time (e.g., designing and
producing notices, reviewing and updating information systems), and
clerical time (e.g., reproduction tasks, filing, and, where applicable
to the given event, typing or mailing). See BLS National Compensation
Survey, June 2006, Table 1, available at https://www.bls.gov/ncs/ocs/sp/
ncbl0910.pdf (Management, professional, and related; office and
administrative support) and BLS Occupational Employment and Wages
2006,Table 2, available at https://www.bls.gov/news.release/pdf/
ocwage.pdf (professional, scientific, and technical services -
business and financial operations). Consumers have a continuing right
to opt-out, as well as a right to revoke their opt-out at any time.
When a respondent changes its information sharing practices, consumers
are again given the opportunity to opt-out. Again, staff assumes that
the time required of consumers to respond affirmatively to
respondents' opt-out programs (be it manually or electronically) would
be minimal.
** The estimate of respondents is based on the following assumptions:
(1) 100,000 respondents, approximately 70% of whom maintain customer
relationships exceeding one year, (2) no more than 1% (1,000) of whom
make additional changes to privacy policies at any time other than the
occasion of the annual notice; and (3) such changes will occur no more
often than once per year.
As calculated above, the total annual PRA burden hours and labor
costs for all affected entities in a given year would be 2,000,000
hours and $44,101,000, respectively.
Estimated Capital/Other Non-Labor Costs Burden: Staff believes that
capital or other non-labor costs associated with the document requests
are minimal. Covered entities will already be equipped to provide
written notices (e.g., computers with word processing programs,
typewriters, copying machines, mailing capabilities). Most likely, only
entities that already have on-line capabilities will offer consumers
the choice to receive notices via electronic format. As such, these
entities will already be equipped with the computer equipment and
software necessary to disseminate the required disclosures via
electronic means.
David C. Shonka,
Acting General Counsel.
[FR Doc. E8-14621 Filed 6-26-08: 8:45 am]
[BILLING CODE: 6750-01-S]
