Agency Information Collection Activities; Proposed Collection; Comment Request, 38097-38099 [2010-16048]
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Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices
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Estimated annual reporting hours:
210 hours.
Estimated average hours per response:
70 hours.
Number of respondents: 3.
General description of report: This
information collection is mandatory and
authorized pursuant the Federal Reserve
Act (12 U.S.C. 248(i) & (j), 342, 248(o),
360, and 464). Also, in order to carry out
the purposes of the Expedited Funds
Availability Act, Public Law 100–86,
101 Stat. 635 (1985) (codified as
amended at 12 U.S.C. 4001–4010), the
Federal Reserve is given the authority to
‘‘regulate any aspect of the payment
system.’’ 12 U.S.C. 4008(c)(1). Because
the self-assessments are to be publicly
disclosed and because the Federal
Reserve will not collect any information
pursuant to this information collection
beyond what is made publicly available,
no confidentiality issue arises with
regard to the FR 4102.
Abstract: The FR 4102 was
implemented in January 2007 as a result
of revisions to the Federal Reserve’s
Payments System Risk (PSR) policy.
Under the revised policy, systemically
important payments and settlement
systems subject to the Federal Reserve’s
authority are expected to complete and
disclose publicly self-assessments
against the principles and minimum
standards in the policy. The selfassessment should be reviewed and
approved by the system’s senior
management and board of directors
upon completion and made readily
available to the public. In addition, a
self-assessment should be updated
following material changes to the
system or its environment and, at a
minimum, reviewed by the system every
two years.
Current Actions: On April 23, 2010,
the Federal Reserve published a notice
in the Federal Register (75 FR 21293)
seeking public comment for 60 days on
the proposal to extend, without
revision, the FR4102. The comment
period for this notice expired on June
22, 2010. The Federal Reserve did not
receive any comments.
Board of Governors of the Federal Reserve
System, dated: June 28, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010–15994 Filed 6–30–10; 8:45 am]
BILLING CODE 6210–01–P
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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisition of Shares of Bank or Bank
Holding Companies
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire a bank or bank
holding company. The factors that are
considered in acting on the notices are
set forth in paragraph 7 of the Act (12
U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the office of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than July 16,
2010.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. John V. Tippmann, Sr., as an
individual; John V. Tippmann, Sr.; John
and Helen McCarthy; Richard and Sally
Ley; John Tippmann, Jr.; Patrick
Tippmann; and Brian and Jennifer
Backstrom, all of Fort Wayne, Indiana,
as a group acting in concert; to acquire
voting shares of Tower Financial
Corporation, and thereby indirectly
acquire voting shares of Tower Bank &
Trust Company, both of Fort Wayne,
Indiana.
2. Keith E. Busse, as an individual;
Keith E. Busse; Busse Family Investment
Company, LLC; Aaron R. Busse; Dawn
R. Zimmerman; Michael S. Busse; Angie
S. Weidler; Christopher K. Busse, as co–
managers of the Busse Family
Investment Company LLC, all of Fort
Wayne, Indiana, as a group acting in
concert; to acquire voting shares of
Tower Financial Corporation, and
thereby indirectly acquire voting shares
of Tower Bank & Trust Company, both
of Fort Wayne, Indiana.
B. Federal Reserve Bank of
Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
1. Margaret Morten, Eden Prairie,
Minnesota; to acquire and retain control
of Vision Bancshares, Inc., and thereby
indirectly acquire and retain control of
Vision Bank, both of Saint Louis Park,
Minnesota.
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38097
Board of Governors of the Federal Reserve
System, June 28, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010–16032 Filed 6–30–10; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request
AGENCY: Federal Trade Commission
(‘‘FTC’’ or ‘‘Commission’’).
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 December 31, 2013, the current
PRA clearance for information
collection requirements contained in its
Consumer Product Warranty Rule.
Those clearances expire on December
31, 2010.
DATES: Comments must be received on
or before August 30, 2010.
ADDRESSES: Interested parties are
invited to submit written comments
electronically or in paper form, by
following the instructions in the
Request for Comments to 60-Day Notice
part of the SUPPLEMENTARY INFORMATION
section below. Comments in electronic
form should be submitted by using the
following Web link: (https://
public.commentworks.com/ftc/
consumerwarrantypra) (and following
the instructions on the web-based form).
Comments in paper form should be
mailed or delivered to the following
address: Federal Trade Commission,
Office of the Secretary, Room H–135
(Annex J), 600 Pennsylvania Avenue,
NW, Washington, DC 20580, in the
manner detailed in the SUPPLEMENTARY
INFORMATION section below.
FOR FURTHER INFORMATION CONTACT:
Requests for copies of the collection of
information and supporting
documentation should be addressed to
Allyson Himelfarb, Investigator,
Division of Marketing Practices, Bureau
of Consumer Protection, Federal Trade
Commission, Room H-286, 600
Pennsylvania Ave., N.W., Washington,
DC 20580, (202) 326-2505.
SUPPLEMENTARY INFORMATION:
Proposed Information Collection
Activities
Under the PRA, 44 U.S.C. 3501-3521,
federal agencies must obtain approval
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Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices
from OMB for each collection of
information they conduct or sponsor.
‘‘Collection of information’’ means
agency requests or requirements that
members of the public submit reports,
keep records, or provide information to
a third party. 44 U.S.C. § 3502(3), 5 CFR
§ 1320.3(c). Because the number of
entities affected by the Commission’s
requests will exceed ten, the
Commission plans to seek OMB
clearance under the PRA. As required
by § 3506(c)(2)(A) of the PRA, the
Commission is providing this
opportunity for public comment before
requesting that OMB extend the existing
paperwork clearance for the information
collection requirements associated with
the Commission’s regulations under the
FTC’s Rule Concerning Disclosure of
Written Consumer Product Warranty
Terms and Conditions (the ‘‘Warranty
Rule’’) (OMB Control Number 30840111), 16 CFR 701.
The Warranty Rule is one of three
rules1 that the FTC implemented
pursuant to requirements of the
Magnuson-Moss Warranty Act, 15
U.S.C. 2301 et seq. (‘‘Warranty Act’’ or
‘‘Act’’).2 The Warranty Rule specifies the
information that must appear in a
written warranty on a consumer product
costing more than $15. The Rule tracks
Section 102(a) of the Warranty Act,3
specifying information that must appear
in the written warranty and, for certain
disclosures, mandates the exact
language that must be used.4 Neither the
Warranty Rule nor the Act requires that
a manufacturer or retailer warrant a
consumer product in writing, but if they
choose to do so, the warranty must
comply with the Rule.
jlentini on DSKJ8SOYB1PROD with NOTICES
Request for Comments
The FTC invites comments on: (1)
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;
(2) 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;
(3) ways to enhance the quality, utility,
and clarity of the information to be
collected; and (4) ways to minimize the
burden of the collection of information
on those who are to respond, including
through the use of appropriate
1 The other two rules relate to the pre-sale
availability of warranty terms and minimum
standards for informal dispute settlement
mechanisms that are incorporated into a written
warranty.
2 40 FR 60168 (Dec. 31, 1975).
3 15 U.S.C. 2302(a).
4 40 FR 60168, 60169-60170.
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automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology, e.g., permitting electronic
submission of responses. All comments
should be filed as prescribed below, and
must be received on or before August
30, 2010.
Because comments will be made
public, they should not include any
sensitive personal information, such as
an individual’s Social Security Number;
date of birth; driver’s license number or
other state identification number, or
foreign country equivalent; passport
number; financial account number; or
credit or debit card number. Comments
also should not include any sensitive
health information, such as medical
records or other individually
identifiable health information. In
addition, comments should not include
any ‘‘[t]rade secret or any commercial or
financial information which is obtained
from any person and which is privileged
or confidential’’ as provided in Section
6(f) of the Federal Trade Commission
Act (‘‘FTC Act’’), 15 U.S.C. 46(f), and
FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2).
Comments containing material for
which confidential treatment is
requested must be filed in paper form,
must be clearly labeled ‘‘Confidential,’’
and must comply with FTC Rule 4.9(c),
16 CFR 4.9(c).5
Because paper mail addressed to the
FTC is subject to delay due to
heightened security screening, please
consider submitting your comments in
electronic form. Comments filed in
electronic form should be submitted by
using the following web link: (https://
public.commentworks.com/ftc/
consumerwarrantypra) (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
web link: (https://
public.commentworks.com/ftc/
consumerwarrantypra). If this Notice
appears at (https://www.regulations.gov/
search/index.jsp), you may also file an
electronic comment through that
website. The Commission will consider
all comments that regulations.gov
forwards to it. You may also visit the
FTC website at (https://www.ftc.gov) to
read the Notice and the news release
describing it.
5 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 FTC
Rule 4.9(c), 16 CFR 4.9(c).
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A comment filed in paper form
should include the ‘‘Warranty Rules:
Paperwork Comment, FTC File No.
P044403’’ reference both in the text and
on the envelope, and should be mailed
or delivered to the following address:
Federal Trade Commission, Office of the
Secretary, Room H-135 (Annex J), 600
Pennsylvania Avenue, NW, Washington,
DC 20580. The FTC 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 Commission
is subject to delay 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. The Commission will
consider all timely and responsive
public comments that it receives,
whether filed in paper or electronic
form. Comments received will be
available to the public on the FTC
Website, to the extent practicable, at
(https://www.ftc.gov/os/
publiccomments.shtm). As a matter of
discretion, the Commission 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).
Warranty Rule Burden Statement:
Total annual hours burden: 127,000
hours, rounded to the nearest thousand.
In its 2007 submission to OMB, the
FTC estimated that the information
collection burden of including the
disclosures required by the Warranty
Rule was approximately 107,000 hours
per year. Although the Rule’s
information collection requirements
have not changed, this estimate
increases the number of manufacturers
subject to the Rule based on recent
Census data. Nevertheless, because most
warrantors would now disclose this
information even if there were no
statute or rule requiring them to do so,
staff’s estimates likely overstate the
PRA-related burden attributable to the
Rule. Moreover, the Warranty Rule has
been in effect since 1976, and
warrantors have long since modified
their warranties to include the
information the Rule requires.
Based on conversations with various
warrantors’ representatives over the
years, staff has concluded that eight
hours per year is a reasonable estimate
of warrantors’ PRA-related burden
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Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices
attributable to the Warranty Rule. This
estimate takes into account ensuring
that new warranties and changes to
existing warranties comply with the
Rule. Based on recent Census data, staff
now estimates that there are 15,922
manufacturers covered by the Rule. 6
This results in an annual burden
estimate of approximately 127,376
hours (15,922 manufacturers x 8 hours
of burden per year).
Establishment of the Advisory Group
on Prevention, Health Promotion, and
Integrative and Public Health
AGENCY: Department of Health and
Human Services, Office of the Secretary,
Office of Public Health and Science.
ACTION: Notice.
Executive Order 13544,
dated June 10, 2010, as statutorily
mandated under Section 4001 of the
Patient Protection and Affordable Care
Labor costs are derived by applying
Act, Public Law 111–148, dated March
appropriate hourly cost figures to the
23, 2010. The Advisory Group on
burden hours described above. The
Prevention, Health Promotion, and
work required to comply with the
Integrative and Public Health will be
Warranty Rule—ensuring that new
governed by provisions of the Federal
warranties and changes to existing
Advisory Committee Act, Public Law
warranties comply with the Rule—
92–463, as amended (5 U.S.C. App.),
requires a mix of legal analysis and
which sets forth standards for the
clerical support. Staff estimates that half formation and use of advisory
of the total burden hours (63,688 hours) committees.
requires legal analysis at an average
SUMMARY: The U.S. Department of
hourly wage of $250 for legal
Health and Human Services announces
professionals, 7 resulting in a labor cost
establishment of the Advisory Group on
of $15,922,000. Assuming that the
Prevention, Health Promotion, and
remaining half of the total burden hours Integrative and Public Health, as
requires clerical work at an average
directed by Executive Order 13544.
hourly wage of $16, the resulting labor
FOR FURTHER INFORMATION CONTACT: Olga
cost is approximately $1,019,008. Thus, Nelson, Committee Management Officer,
the total annual labor cost is
Office of Public Health and Science,
approximately $16,941,008 ($15,922,000 Department of Health and Human
for legal professionals + $1,019,008 for
Services, 200 Independence Avenue,
SW., Room 714B, Washington, DC
clerical workers).
20201, Telephone: (202) 690–5205; Fax:
Total annual capital or other
(202) 401–2222.
nonlabor costs: $0.
SUPPLEMENTARY INFORMATION: The
President has issued Executive Order
The Rule imposes no appreciable
13544, dated June 10, 2010, to comply
current capital or start-up costs. As
with the statutes under Section 4001 of
stated above, warrantors have already
modified their warranties to include the the Patient Protection and Affordable
Care Act, Public Law 111–148. The
information the Rule requires. Rule
legislation mandates that the President
compliance does not require the use of
shall establish the Advisory Group on
any capital goods, other than ordinary
Prevention, Health Promotion, and
office equipment, which providers
would already have available for general Integrative and Public Health (the
‘‘Advisory Group’’) within the
business use.
Department of Health and Human
Services. To comply with the statute,
Willard Tom,
stipulations in the authorizing directive,
General Counsel.
and guidelines under the Federal
[FR Doc. 2010–16048 Filed 6–30–10; 8:45 am]
Advisory Committee Act (FACA), a
BILLING CODE 6750–01–S
charter has been filed to establish the
Advisory Group. The charter has been
filed with the Committee Management
Secretariat in the General Services
6 Because some manufacturers likely make
Administration (GSA), the appropriate
products that are not priced above $15 or not
committees in the Senate and U.S.
intended for household use—and thus would not be House of Representatives, and the
subject to the Rule—this figure is likely an
Library of Congress to establish the
overstatement.
Advisory Group as a non-discretionary
7 Staff has derived an hourly wage rate for legal
Federal advisory committee. The charter
professionals based upon industry knowledge. The
was filed on June 24, 2010.
clerical wage rate used in this Notice is based on
Objectives and Scope of Activities.
recent data from the Bureau of Labor Statistics
National Compensation Survey.
The Advisory Group shall provide
Total annual labor costs: $16,941,000,
rounded to the nearest thousand.
jlentini on DSKJ8SOYB1PROD with NOTICES
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
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AUTHORITY:
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38099
recommendations and advice to the
National Prevention, Health Promotion,
and Public Health Council (the
‘‘Council’’). The Advisory Group shall
provide assistance to the Council in
carrying out its mission. The Advisory
Group shall develop policy and program
recommendations and advise the
Council on lifestyle-based chronic
disease prevention and management,
integrative health care practices, and
health promotion.
Membership and Designation. The
Advisory Group shall be composed of
not more than 25 non-Federal members
to be appointed by the President. In
appointing members, the President shall
ensure that the Advisory Group
includes a diverse group of licensed
health professionals, including
integrative health practitioners who
have expertise in (1) worksite health
promotion; (2) community services,
including community health centers; (3)
preventive medicine; (4) health
coaching; (5) public health education;
(6) geriatrics; and rehabilitation
medicine.
The Advisory Group shall report to
the Surgeon General. The Surgeon
General shall select one of the
appointed members to serve as Chair of
the Advisory Group. The non-Federal
members of the Advisory Group shall be
classified as special Government
employees (SGEs).
Administrative Management and
Support. HHS will provide funding and
administrative support for the Advisory
Group to the extent permitted by law
within existing appropriations. Staff
will be assigned to a program office
established to support the activities of
the Advisory Group. Management and
oversight for support services provided
to the Advisory Group will be the
responsibility of the Office of Public
Health and Science, which is a staff
division within the Office of the
Secretary, HHS.
A copy of the charter for the Advisory
Group can be obtained from the
designated contacts or by accessing the
FACA database that is maintained by
the GSA Committee Management
Secretariat. The Web site for the FACA
database is https://fido.gov/
facadatabase/.
Dated: June 25, 2010.
Regina Benjamin,
VADM, USPHS, Surgeon General.
[FR Doc. 2010–16049 Filed 6–30–10; 8:45 am]
BILLING CODE 4150–28–P
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]]>Agencies
[Federal Register Volume 75, Number 126 (Thursday, July 1, 2010)]
[Notices]
[Pages 38097-38099]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-16048]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Proposed Collection;
Comment Request
AGENCY: Federal Trade Commission (``FTC'' or ``Commission'').
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 December
31, 2013, the current PRA clearance for information collection
requirements contained in its Consumer Product Warranty Rule. Those
clearances expire on December 31, 2010.
DATES: Comments must be received on or before August 30, 2010.
ADDRESSES: Interested parties are invited to submit written comments
electronically or in paper form, by following the instructions in the
Request for Comments to 60-Day Notice part of the SUPPLEMENTARY
INFORMATION section below. Comments in electronic form should be
submitted by using the following Web link: (https://public.commentworks.com/ftc/consumerwarrantypra) (and following the
instructions on the web-based form). Comments in paper form should be
mailed or delivered to the following address: Federal Trade Commission,
Office of the Secretary, Room H-135 (Annex J), 600 Pennsylvania Avenue,
NW, Washington, DC 20580, in the manner detailed in the SUPPLEMENTARY
INFORMATION section below.
FOR FURTHER INFORMATION CONTACT: Requests for copies of the collection
of information and supporting documentation should be addressed to
Allyson Himelfarb, Investigator, Division of Marketing Practices,
Bureau of Consumer Protection, Federal Trade Commission, Room H-286,
600 Pennsylvania Ave., N.W., Washington, DC 20580, (202) 326-2505.
SUPPLEMENTARY INFORMATION:
Proposed Information Collection Activities
Under the PRA, 44 U.S.C. 3501-3521, federal agencies must obtain
approval
[[Page 38098]]
from OMB for each collection of information they conduct or sponsor.
``Collection of information'' means agency requests or requirements
that members of the public submit reports, keep records, or provide
information to a third party. 44 U.S.C. Sec. 3502(3), 5 CFR Sec.
1320.3(c). Because the number of entities affected by the Commission's
requests will exceed ten, the Commission plans to seek OMB clearance
under the PRA. As required by Sec. 3506(c)(2)(A) of the PRA, the
Commission is providing this opportunity for public comment before
requesting that OMB extend the existing paperwork clearance for the
information collection requirements associated with the Commission's
regulations under the FTC's Rule Concerning Disclosure of Written
Consumer Product Warranty Terms and Conditions (the ``Warranty Rule'')
(OMB Control Number 3084-0111), 16 CFR 701.
The Warranty Rule is one of three rules\1\ that the FTC implemented
pursuant to requirements of the Magnuson-Moss Warranty Act, 15 U.S.C.
2301 et seq. (``Warranty Act'' or ``Act'').\2\ The Warranty Rule
specifies the information that must appear in a written warranty on a
consumer product costing more than $15. The Rule tracks Section 102(a)
of the Warranty Act,\3\ specifying information that must appear in the
written warranty and, for certain disclosures, mandates the exact
language that must be used.\4\ Neither the Warranty Rule nor the Act
requires that a manufacturer or retailer warrant a consumer product in
writing, but if they choose to do so, the warranty must comply with the
Rule.
---------------------------------------------------------------------------
\1\ The other two rules relate to the pre-sale availability of
warranty terms and minimum standards for informal dispute settlement
mechanisms that are incorporated into a written warranty.
\2\ 40 FR 60168 (Dec. 31, 1975).
\3\ 15 U.S.C. 2302(a).
\4\ 40 FR 60168, 60169-60170.
---------------------------------------------------------------------------
Request for Comments
The FTC invites comments on: (1) 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; (2) 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; (3) ways to enhance the quality,
utility, and clarity of the information to be collected; and (4) ways
to 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. All comments should be filed as prescribed
below, and must be received on or before August 30, 2010.
Because comments will be made public, they should not include any
sensitive personal information, such as an individual's Social Security
Number; date of birth; driver's license number or other state
identification number, or foreign country equivalent; passport number;
financial account number; or credit or debit card number. Comments also
should not include any sensitive health information, such as medical
records or other individually identifiable health information. In
addition, comments should not include any ``[t]rade secret or any
commercial or financial information which is obtained from any person
and which is privileged or confidential'' as provided in Section 6(f)
of the Federal Trade Commission Act (``FTC Act''), 15 U.S.C. 46(f), and
FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2). Comments containing material
for which confidential treatment is requested must be filed in paper
form, must be clearly labeled ``Confidential,'' and must comply with
FTC Rule 4.9(c), 16 CFR 4.9(c).\5\
---------------------------------------------------------------------------
\5\ 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 FTC Rule 4.9(c), 16 CFR
4.9(c).
---------------------------------------------------------------------------
Because paper mail addressed to the FTC is subject to delay due to
heightened security screening, please consider submitting your comments
in electronic form. Comments filed in electronic form should be
submitted by using the following web link: (https://public.commentworks.com/ftc/consumerwarrantypra) (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 web link: (https://public.commentworks.com/ftc/consumerwarrantypra). If this Notice appears at (https://www.regulations.gov/search/index.jsp), you may also file an electronic
comment through that website. The Commission will consider all comments
that regulations.gov forwards to it. You may also visit the FTC website
at (https://www.ftc.gov) to read the Notice and the news release
describing it.
A comment filed in paper form should include the ``Warranty Rules:
Paperwork Comment, FTC File No. P044403'' reference both in the text
and on the envelope, and should be mailed or delivered to the following
address: Federal Trade Commission, Office of the Secretary, Room H-135
(Annex J), 600 Pennsylvania Avenue, NW, Washington, DC 20580. The FTC
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 Commission is subject to delay 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. The Commission will consider all timely and responsive
public comments that it receives, whether filed in paper or electronic
form. Comments received will be available to the public on the FTC
Website, to the extent practicable, at (https://www.ftc.gov/os/publiccomments.shtm). As a matter of discretion, the Commission 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).
Warranty Rule Burden Statement:
Total annual hours burden: 127,000 hours, rounded to the nearest
thousand.
In its 2007 submission to OMB, the FTC estimated that the
information collection burden of including the disclosures required by
the Warranty Rule was approximately 107,000 hours per year. Although
the Rule's information collection requirements have not changed, this
estimate increases the number of manufacturers subject to the Rule
based on recent Census data. Nevertheless, because most warrantors
would now disclose this information even if there were no statute or
rule requiring them to do so, staff's estimates likely overstate the
PRA-related burden attributable to the Rule. Moreover, the Warranty
Rule has been in effect since 1976, and warrantors have long since
modified their warranties to include the information the Rule requires.
Based on conversations with various warrantors' representatives
over the years, staff has concluded that eight hours per year is a
reasonable estimate of warrantors' PRA-related burden
[[Page 38099]]
attributable to the Warranty Rule. This estimate takes into account
ensuring that new warranties and changes to existing warranties comply
with the Rule. Based on recent Census data, staff now estimates that
there are 15,922 manufacturers covered by the Rule. \6\ This results in
an annual burden estimate of approximately 127,376 hours (15,922
manufacturers x 8 hours of burden per year).
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\6\ Because some manufacturers likely make products that are not
priced above $15 or not intended for household use--and thus would
not be subject to the Rule--this figure is likely an overstatement.
Total annual labor costs: $16,941,000, rounded to the nearest
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thousand.
Labor costs are derived by applying appropriate hourly cost figures
to the burden hours described above. The work required to comply with
the Warranty Rule--ensuring that new warranties and changes to existing
warranties comply with the Rule--requires a mix of legal analysis and
clerical support. Staff estimates that half of the total burden hours
(63,688 hours) requires legal analysis at an average hourly wage of
$250 for legal professionals, \7\ resulting in a labor cost of
$15,922,000. Assuming that the remaining half of the total burden hours
requires clerical work at an average hourly wage of $16, the resulting
labor cost is approximately $1,019,008. Thus, the total annual labor
cost is approximately $16,941,008 ($15,922,000 for legal professionals
+ $1,019,008 for clerical workers).
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\7\ Staff has derived an hourly wage rate for legal
professionals based upon industry knowledge. The clerical wage rate
used in this Notice is based on recent data from the Bureau of Labor
Statistics National Compensation Survey.
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Total annual capital or other nonlabor costs: $0.
The Rule imposes no appreciable current capital or start-up costs.
As stated above, warrantors have already modified their warranties to
include the information the Rule requires. Rule compliance does not
require the use of any capital goods, other than ordinary office
equipment, which providers would already have available for general
business use.
Willard Tom,
General Counsel.
[FR Doc. 2010-16048 Filed 6-30-10; 8:45 am]
BILLING CODE 6750-01-S
