Proposed Agency Information Collection Activities; Comment Request, 61126-61128 [E8-24348]

Download as PDF jlentini on PROD1PC65 with NOTICES 61126 Federal Register / Vol. 73, No. 200 / Wednesday, October 15, 2008 / Notices request a revised program description and a revised MOA, should they be necessary. Results of EPA’s Review. EPA completed its review of Ohio’s application in the fall of 2007. EPA communicated the results of its review in April and November 2007 letters to ODA. The letters expressed concern regarding five provisions in ODA’s standards for land application of manure, litter and process wastewater. The letters also asked ODA to clarify or revise 26 provisions of its legal authority or NPDES permitting requirements. In a letter dated September 4, 2008, ODA’s Director committed to pursue specified statutory and rule changes to address the issues identified by EPA. The Director’s letter also included other proposed statutory and rule changes beyond the scope of the changes needed to resolve the issues raised by EPA. In letters dated September 22, 2008, ODA provided correct versions of certain proposed statutory and rule provisions that were not included with the September 4 letter. EPA believes that the former changes ODA has committed to pursue will resolve EPA’s issues, and that the latter changes will not adversely affect ODA’s authority to administer the NPDES program. All of ODA’s proposed changes were included in the September 4 and 22 letters, and are available for public review as part of the official public record. Status of EPA’s CAFO Rule. EPA is in the process of revising portions of the NPDES permitting requirements and Effluent Limitations Guidelines and Standards (ELGs) for CAFOs. EPA is acting in response to the order issued by the U.S. Court of Appeals for the Second Circuit in Waterkeeper Alliance et al. v. EPA, 399 F.3d 486 (2nd Cir. 2005), vacating or remanding portions of the 2003 rule. Ohio may need to further revise its NPDES program to implement these federal revisions when they are finalized. EPA will provide Ohio the same time period from the promulgation date of the revised federal rule to change its legal authority that EPA provides to other states with approved NPDES programs. 40 CFR 123.62(e). This rule gives states one year where rule changes are needed and two years where statutory changes are needed to incorporate new federal regulations into state law. This future process is separate from the process described above regarding Ohio’s request for ODA to administer the NPDES program for CAFOs and for storm water associated with construction of AFOs. Public Comment on the Described Program. Today, EPA is requesting VerDate Aug<31>2005 18:32 Oct 14, 2008 Jkt 217001 comments on Ohio’s request, and providing notice of a public hearing and comment period on EPA’s proposal to approve Ohio’s application in accordance with 40 CFR 123.62. EPA wants the citizens of Ohio to understand the State’s application, and wants to encourage public participation in the decisionmaking process. Therefore, EPA requests that the public review ODA’s proposed NPDES program for CAFOs and storm water associated with construction activity at AFOs, and provide any comments they feel are appropriate. EPA will consider all comments in its decision. EPA will either approve or disapprove the State’s request after considering all comments it receives. EPA expects the adopted statutory and rule changes to be identical to those submitted with ODA’s September 2008 letters. Authority: This action is taken under the authority of section 402 of the Clean Water Act as amended, 33 U.S.C. 1342. I hereby provide public notice of the application by the State of Ohio for the Ohio Department of Agriculture to implement the NPDES program for CAFOs and storm water associated with construction activity at AFOs, in accordance with 40 CFR 123.62. Dated: October 3, 2008. Bharat Mathur, Acting Regional Administrator, Region 5. [FR Doc. E8–24175 Filed 10–14–08; 8:45 am] BILLING CODE 6560–50–P EQUAL EMPLOYMENT OPPORTUNITY COMMISSION Meetings; Sunshine Act Equal Employment Opportunity Commission. DATE AND TIME: Thursday, October 23, 2008, 10 a.m. Eastern Time. PLACE: Clarence M. Mitchell, Jr. Conference Room on the Ninth Floor of the EEOC Office Building, 1801 ‘‘L’’ Street, NW., Washington, DC 20507. STATUS: The meeting will be open to the public. AGENCY HOLDING THE MEETING: MATTERS TO BE CONSIDERED Open Session 1. Announcement of Notation Votes, and 2. Issues Facing Hispanics in the Federal Workplace—Invited Panelists. Note: In accordance with the Sunshine Act, the meeting will be open to public observation of the Commission’s deliberations and voting. (In addition to publishing notices on EEOC Commission meetings in the Federal Register, the Commission also provides a recorded announcement a full week in advance on future Commission sessions.) PO 00000 Frm 00110 Fmt 4703 Sfmt 4703 Please telephone (202) 663–7100 (voice) and (202) 663–4074 (TTY) at any time for information on these meetings. The EEOC provides sign language interpretation at Commission meetings for the hearing impaired. Requests for other reasonable accommodations may be made by using the voice and TTY numbers listed above. Contact Person for More Information: Stephen Llewellyn, Executive Officer, on (202) 663– 4070. Dated: October 9, 2008. Stephen Llewellyn, Executive Officer, Executive Secretariat. [FR Doc. E8–24609 Filed 10–10–08; 4:15 pm] BILLING CODE 6570–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. SUMMARY: AGENCY: Background On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act (PRA), as per 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth in 5 CFR 1320 Appendix A.1. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instruments are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. Request for Comment on Information Collection Proposals The following information collections, which are being handled under this delegated authority, have received initial Board approval and are hereby published for comment. At the end of the comment period, the proposed information collections, along with an analysis of comments and recommendations received, will be submitted to the Board for final E:\FR\FM\15OCN1.SGM 15OCN1 jlentini on PROD1PC65 with NOTICES Federal Register / Vol. 73, No. 200 / Wednesday, October 15, 2008 / Notices approval under OMB delegated authority. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Federal Reserve’s functions; including whether the information has practical utility; b. The accuracy of the Federal Reserve’s estimate of the burden of the proposed 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; and d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology. DATES: Comments must be submitted on or before December 15, 2008. ADDRESSES: You may submit comments, identified by Reg B or Reg E, by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • E-mail: regs.comments@federalreserve.gov. Include docket number in the subject line of the message. • Fax: 202/452–3819 or 202/452– 3102. • Mail: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW., Washington, DC 20551. All public comments are available from the Board’s Web site at http:// www.federalreserve.gov/generalinfo/ foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room MP–500 of the Board’s Martin Building (20th and C Streets, NW.) between 9 a.m. and 5 p.m. on weekdays. Additionally, commenters should send a copy of their comments to the OMB Desk Officer by mail to the Office of Information and Regulatory Affairs, U.S. 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. FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission VerDate Aug<31>2005 18:32 Oct 14, 2008 Jkt 217001 including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files once approved. These documents will also be made available on the Federal Reserve Board’s public Web site at: http:// www.federalreserve.gov/boarddocs/ reportforms/review.cfm or may be requested from the agency clearance officer, whose name appears below. Michelle Shore, Federal Reserve Board Clearance Officer (202–452– 3829), Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may contact (202–263–4869), Board of Governors of the Federal Reserve System, Washington, DC 20551. Proposals To Approve Under OMB Delegated Authority the Extension for Three Years, Without Revision, of the Following Reports 1. Report title: Recordkeeping and Disclosure Requirements in Connection with Regulation B (Equal Credit Opportunity). Agency form number: Reg B. OMB control number: 7100–0201. Frequency: Event-generated. Reporters: State member banks, branches and agencies of foreign banks (other than federal branches, federal agencies, and insured state branches of foreign banks), commercial lending companies owned or controlled by foreign banks, and Edge and agreement corporations. Annual reporting hours: 170,000 hours. Estimated average hours per response: Notice of action, 2.5 minutes; credit history reporting, 2 minutes; recordkeeping for applications & actions, 8 hours; monitoring data, 0.50 minutes; appraisal report upon request, 5 minutes; notice of right to appraisal, 0.25 minutes; recordkeeping of self test, 2 hours; recordkeeping of self corrective action, 8 hours; and disclosure of optional self-test, 1 minute. Number of respondents: 1,205. General description of report: This information collection is mandatory (15 U.S.C. 1691 (b)(a)(1)). The adverse action disclosure is confidential between the institution and the consumer involved. Since the Federal Reserve does not collect any information, no issue of confidentiality normally arises. However, the information may be protected from disclosure under the exemptions (b)(4), (6), and (8) of the Freedom of Information Act (5 U.S.C. 522 (b)). PO 00000 Frm 00111 Fmt 4703 Sfmt 4703 61127 Abstract: The Equal Credit Opportunity Act and Regulation B prohibit discrimination in any aspect of a credit transaction because of race, color, religion, national origin, sex, marital status, age, or other specified bases. To aid in implementation of this prohibition, the statute and regulation also subject creditors to various mandatory disclosure requirements, notification provisions, credit history reporting, monitoring rules, and recordkeeping requirements. These requirements are triggered by specific events and disclosures must be provided within the time periods established by the Act and regulation. 2. Report title: Recordkeeping and Disclosure Requirements in Connection with Regulation E (Electronic Funds Transfer). Agency form number: Reg E. OMB control number: 7100–0200. Frequency: Event-generated. Reporters: State member banks, branches and agencies of foreign banks (other than federal branches, federal agencies, and insured state branches of foreign banks), commercial lending companies owned or controlled by foreign banks, and Edge and agreement corporations. Annual reporting hours: 59,902 hours. Estimated average hours per response: Initial terms disclosure, 1.5 minutes; change in terms disclosure, 1 minute; periodic disclosure, 7 hours; and error resolution rules, 30 minutes. Number of respondents: 1,205. General description of report: This information collection is mandatory (15 U.S.C. 1693 et seq.). The disclosures required by the rule and information about error allegations and their resolution are confidential between the institution and the consumer. Since the Federal Reserve does not collect any information, no issue of confidentiality arises. However, the information, if made available to the Federal Reserve, may be protected from disclosure under exemptions (b)(4), (6), and (8) of the Freedom of Information Act (5 U.S.C. 552 (b)(4), (6), and (8)). Abstract: The Electronic Funds Transfer Act and Regulation E are designed to ensure adequate disclosure of basic terms, costs, and rights relating to electronic fund transfer (EFT) services provided to consumers. Institutions offering EFT services must disclose to consumers certain information, including: Initial and updated EFT terms, transaction information, periodic statements of activity, the consumer’s potential liability for unauthorized transfers, and error resolution rights and procedures. EFT services include automated teller E:\FR\FM\15OCN1.SGM 15OCN1 61128 Federal Register / Vol. 73, No. 200 / Wednesday, October 15, 2008 / Notices machines, telephone bill payment; point-of-sale transfers in retail stores, fund transfers initiated through the Internet, and preauthorized transfers to or from a consumer’s account. Board of Governors of the Federal Reserve System, October 8, 2008. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E8–24348 Filed 10–14–08; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB jlentini on PROD1PC65 with NOTICES SUMMARY: Background. Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority, as per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the Public). Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Michelle Shore—Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202– 452–3829). OMB Desk Officer— Kimberly P. Nelson—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Reports 1. Report title: Survey of Terms of Lending. Agency form number: FR 2028A, FR 2028B, and FR 2028S. OMB control number: 7100–0061. Frequency: Quarterly. Reporters: Commercial banks; and U.S. branches and agencies of foreign banks (FR 2028A and FR 2028S only). VerDate Aug<31>2005 18:32 Oct 14, 2008 Jkt 217001 Annual reporting hours: 6,840 hours. Estimated average hours per response: FR 2028A, 3.4 hours; FR 2028B, 1.2 hours; and FR 2028S, 0.1 hours. Number of respondents: FR 2028A, 398; FR 2028B, 250; and FR 2028S, 567. General description of report: This information collection is authorized by section 11(a)(2) of the Federal Reserve Act [12 U.S.C. 248(a)(2)] and is voluntary. Individual responses are regarded as confidential under the Freedom of Information Act [5 U.S.C. 552(b)(4)]. Abstract: The Survey of Terms of Lending provides unique information concerning both price and certain nonprice terms of loans made to businesses and farmers during the first full business week of the mid-month of each quarter (February, May, August, and November). The survey comprises three reporting forms: The FR 2028A, Survey of Terms of Business Lending; the FR 2028B, Survey of Terms of Bank Lending to Farmers; and the FR 2028S, Prime Rate Supplement to the Survey of Terms of Lending. The FR 2028A and FR 2028B collect detailed data on individual loans made during the survey week, and the FR 2028S collects the prime interest rate for each day of the survey from both FR 2028A and FR 2028B respondents. From these sample data, estimates of the terms of business loans and farm loans extended during the reporting week are constructed. The aggregate estimates for business loans are published in the quarterly E.2 release, Survey of Terms of Business Lending, and aggregate estimates for farm loans are published in the quarterly E.15 release, Agricultural Finance Databook. Current Actions: On August 4, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 45222) requesting public comment for 60 days on the extension, with revision, of the FR 2028. The comment period for this notice expired on October 3, 2008. The Federal Reserve did not receive any comments on the proposed revisions. The revisions will be implemented as proposed. 2. Report title: Report of Terms of Credit Card Plans. Agency form number: FR 2572. OMB control number: 7100–0239. Frequency: Semi-annual. Reporters: Commercial banks, savings banks, industrial banks, and savings and loans associations. Annual reporting hours: 75 hours. Estimated average hours per response: 0.25 hours. Number of respondents: 150. General description of report: This information collection is voluntary (15 PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 U.S.C. 1646(b)) and is not given confidential treatment. Abstract: This report collects data on credit card pricing and availability from a sample of at least 150 financial institutions that offer credit cards to the general public. The information is reported to the Congress and made available to the public in order to promote competition within the industry. Current Actions: On August 4, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 45222) requesting public comment for 60 days on the extension, with revision, of this information collection. The comment period for this notice expired on October 3, 2008. The Federal Reserve did not receive any comments. The revisions will be implemented as proposed. 3. Report title: The Report of Transaction Accounts, Other Deposits and Vault Cash. Agency form number: FR 2900. OMB control number: 7100–0087. Frequency: Weekly, quarterly. Reporters: Depository institutions. Annual reporting hours: 615,902 hours. Estimated average hours per response: 3.50 hours. Number of respondents: 2,996 weekly and 5,045 quarterly. General description of report: This information collection is mandatory (12 U.S.C. 248(a), 461, 603, and 615) and is given confidential treatment (5 U.S.C. 552(b)(4)). Abstract: Nonexempt institutions— defined as those with net transaction accounts greater than the exemption amount or with the sum of total transaction accounts, savings deposits, and small time deposits equal to or greater than the reduced reporting limit—file the fifteen-item FR 2900 weekly if the sum of their total transaction accounts, savings deposits, and small time deposits is equal to or greater than the nonexempt deposit cutoff and quarterly if the sum of their total transaction accounts, savings deposits, and small time deposits is less than the nonexempt deposit cutoff. U.S. branches and agencies of foreign banks and banking Edge and agreement corporations are required to submit FR 2900 data weekly regardless of their deposit size. These mandatory data are used by the Federal Reserve for administering Regulation D (Reserve Requirements of Depository Institutions) and for constructing, analyzing, and monitoring the monetary and reserve aggregates. Current Actions: On August 4, 2008, the Federal Reserve published a notice E:\FR\FM\15OCN1.SGM 15OCN1

Agencies

[Federal Register Volume 73, Number 200 (Wednesday, October 15, 2008)]
[Notices]
[Pages 61126-61128]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-24348]


=======================================================================
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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY:

Background

    On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its approval authority under the Paperwork Reduction Act (PRA), 
as per 5 CFR 1320.16, to approve of and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board under conditions set forth in 5 CFR 1320 
Appendix A.1. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
Submission, supporting statements and approved collection of 
information instruments are placed into OMB's public docket files. The 
Federal Reserve may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.

Request for Comment on Information Collection Proposals

    The following information collections, which are being handled 
under this delegated authority, have received initial Board approval 
and are hereby published for comment. At the end of the comment period, 
the proposed information collections, along with an analysis of 
comments and recommendations received, will be submitted to the Board 
for final

[[Page 61127]]

approval under OMB delegated authority. Comments are invited on the 
following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed 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; and
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology.

DATES: Comments must be submitted on or before December 15, 2008.

ADDRESSES: You may submit comments, identified by Reg B or Reg E, by 
any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: regs.comments@federalreserve.gov. Include docket 
number in the subject line of the message.
     Fax: 202/452-3819 or 202/452-3102.
     Mail: Jennifer J. Johnson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as 
submitted, unless modified for technical reasons. Accordingly, your 
comments will not be edited to remove any identifying or contact 
information. Public comments may also be viewed electronically or in 
paper form in Room MP-500 of the Board's Martin Building (20th and C 
Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.
    Additionally, commenters should send a copy of their comments to 
the OMB Desk Officer by mail to the Office of Information and 
Regulatory Affairs, U.S. 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.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files once approved. These documents will also be made available 
on the Federal Reserve Board's public Web site at: http://
www.federalreserve.gov/boarddocs/reportforms/review.cfm or may be 
requested from the agency clearance officer, whose name appears below.
    Michelle Shore, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the 
Federal Reserve System, Washington, DC 20551. Telecommunications Device 
for the Deaf (TDD) users may contact (202-263-4869), Board of Governors 
of the Federal Reserve System, Washington, DC 20551.

Proposals To Approve Under OMB Delegated Authority the Extension for 
Three Years, Without Revision, of the Following Reports

    1. Report title: Recordkeeping and Disclosure Requirements in 
Connection with Regulation B (Equal Credit Opportunity).
    Agency form number: Reg B.
    OMB control number: 7100-0201.
    Frequency: Event-generated.
    Reporters: State member banks, branches and agencies of foreign 
banks (other than federal branches, federal agencies, and insured state 
branches of foreign banks), commercial lending companies owned or 
controlled by foreign banks, and Edge and agreement corporations.
    Annual reporting hours: 170,000 hours.
    Estimated average hours per response: Notice of action, 2.5 
minutes; credit history reporting, 2 minutes; recordkeeping for 
applications & actions, 8 hours; monitoring data, 0.50 minutes; 
appraisal report upon request, 5 minutes; notice of right to appraisal, 
0.25 minutes; recordkeeping of self test, 2 hours; recordkeeping of 
self corrective action, 8 hours; and disclosure of optional self-test, 
1 minute.
    Number of respondents: 1,205.
    General description of report: This information collection is 
mandatory (15 U.S.C. 1691 (b)(a)(1)). The adverse action disclosure is 
confidential between the institution and the consumer involved. Since 
the Federal Reserve does not collect any information, no issue of 
confidentiality normally arises. However, the information may be 
protected from disclosure under the exemptions (b)(4), (6), and (8) of 
the Freedom of Information Act (5 U.S.C. 522 (b)).
    Abstract: The Equal Credit Opportunity Act and Regulation B 
prohibit discrimination in any aspect of a credit transaction because 
of race, color, religion, national origin, sex, marital status, age, or 
other specified bases. To aid in implementation of this prohibition, 
the statute and regulation also subject creditors to various mandatory 
disclosure requirements, notification provisions, credit history 
reporting, monitoring rules, and recordkeeping requirements. These 
requirements are triggered by specific events and disclosures must be 
provided within the time periods established by the Act and regulation.
    2. Report title: Recordkeeping and Disclosure Requirements in 
Connection with Regulation E (Electronic Funds Transfer).
    Agency form number: Reg E.
    OMB control number: 7100-0200.
    Frequency: Event-generated.
    Reporters: State member banks, branches and agencies of foreign 
banks (other than federal branches, federal agencies, and insured state 
branches of foreign banks), commercial lending companies owned or 
controlled by foreign banks, and Edge and agreement corporations.
    Annual reporting hours: 59,902 hours.
    Estimated average hours per response: Initial terms disclosure, 1.5 
minutes; change in terms disclosure, 1 minute; periodic disclosure, 7 
hours; and error resolution rules, 30 minutes.
    Number of respondents: 1,205.
    General description of report: This information collection is 
mandatory (15 U.S.C. 1693 et seq.). The disclosures required by the 
rule and information about error allegations and their resolution are 
confidential between the institution and the consumer. Since the 
Federal Reserve does not collect any information, no issue of 
confidentiality arises. However, the information, if made available to 
the Federal Reserve, may be protected from disclosure under exemptions 
(b)(4), (6), and (8) of the Freedom of Information Act (5 U.S.C. 552 
(b)(4), (6), and (8)).
    Abstract: The Electronic Funds Transfer Act and Regulation E are 
designed to ensure adequate disclosure of basic terms, costs, and 
rights relating to electronic fund transfer (EFT) services provided to 
consumers. Institutions offering EFT services must disclose to 
consumers certain information, including: Initial and updated EFT 
terms, transaction information, periodic statements of activity, the 
consumer's potential liability for unauthorized transfers, and error 
resolution rights and procedures. EFT services include automated teller

[[Page 61128]]

machines, telephone bill payment; point-of-sale transfers in retail 
stores, fund transfers initiated through the Internet, and 
preauthorized transfers to or from a consumer's account.

Board of Governors of the Federal Reserve System, October 8, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8-24348 Filed 10-14-08; 8:45 am]
BILLING CODE 6210-01-P