Agency Information Collection Activities; Proposed Collection; Comment Request; Extension, 74722-74724 [2014-29441]
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Federal Register / Vol. 79, No. 241 / Tuesday, December 16, 2014 / Notices
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firm-wide risk measurement and
management processes supporting their
internal assessments of capital adequacy
and that their capital resources are
sufficient given their business focus,
activities, and resulting risk exposures.
The annual Comprehensive Capital
Analysis and Review (CCAR) exercise is
also complemented by other Federal
Reserve supervisory efforts aimed at
enhancing the continued viability of
large BHCs, including continuous
monitoring of BHCs’ planning and
management of liquidity and funding
resources and regular assessments of
credit, market and operational risks, and
associated risk management practices.
Information gathered in this data
collection is also used in the
supervision and regulation of these
financial institutions. In order to fully
evaluate the data submissions, the
Federal Reserve may conduct follow up
discussions with or request responses to
follow up questions from respondents,
as needed.
The semi-annual FR Y–14A collects
large BHCs’ quantitative projections of
balance sheet, income, losses, and
capital across a range of macroeconomic
scenarios and qualitative information on
methodologies used to develop internal
projections of capital across scenarios.1
The quarterly FR Y–14Q collects
granular data on BHCs’ various asset
classes and PPNR for the reporting
period. The monthly FR Y–14M
comprises three loan- and portfoliolevel collections, and one detailed
address matching collection to
supplement two of the portfolio and
loan-level collections. Both the FR Y–
14Q and the FR Y–14M are used to
support supervisory stress test models
and for continuous monitoring efforts.
Current Actions: On October 1, 2014,
the Federal Reserve published a final
Federal Register notice (79 FR 59264)
implementing several changes to the
FR–14A/Q/M and extending the public
comment period by 30 days regarding
the agreement-level/asset category
counterparty information. The comment
period expired on October 31, 2014. The
Federal Reserve received one comment.
The comment is summarized and
addressed below.
Summary of Comment
The Federal Reserve received one
comment letter addressing the
agreement-level/asset category
counterparty information. The
commenter requested clarification on
several items, which will be provided
1 BHCs that must re-submit their capital plan
generally also must provide a revised FR Y–14A in
connection with their resubmission.
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through updated instructions as
appropriate. More substantively, the
commenter stated that the information
collection as originally proposed on July
15, 2014 (79 FR 41276) could be
provided, but noted that the information
collected by sub-schedules L.5 and L.6
would require a significant amount of
resources. Specifically, the commenter
requested that implementation of these
sub-schedules be delayed to March 31,
2015.
As stated in the October 1, 2014,
Federal Register publication, more
detailed counterparty data would allow
the Federal Reserve to assess the
reasonableness of the BHC’s modelbased estimates used as key inputs to
the supervisory stress test as well as
ensure the comparability of results
across BHCs. Therefore, the Federal
Reserve will keep sub-schedules L.5 and
L.6 as finalized October 1, 2014 for the
September 30, 2014 and December 31,
2014 reporting periods, with two minor
exceptions noted below. Furthermore,
the Federal Reserve will implement FR
Y–14Q Schedule L as originally
proposed on July 15, 2014 effective
March 31, 2015.
FR Y–14Q
Counterparty Schedule
As noted above, effective March 31,
2015, Schedule L (Counterparty) of the
FR Y–14Q will be revised to collect
information as originally proposed on
July 15, 2014. Specifically, the schedule
will require that tables L.5.2 and L.6.2
be reported at a legal-entity, nettingagreement level. Furthermore, table
L.5.2 will include the asset subcategories as originally proposed for
L.5.2. Tables L.5.1 and L.6.1 will remain
as finalized on October 1, 2014, and
continue to require reporting at a legalentity, netting-agreement level.
However, the commenter specifically
also noted that the items ‘‘CDS Hedge
Stressed CR01’’ and ‘‘CSA Contractual
Features’’ of table L.6.1 would be
difficult to provide for the September
30, 2014, reporting period. The Federal
Reserve appreciates the commenter’s
concerns regarding these items and
makes these items optional through the
December 31, 2014, reporting period,
after which they will be mandatory.
Board of Governors of the Federal Reserve
System, December 10, 2014.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2014–29296 Filed 12–15–14; 8:45 am]
BILLING CODE 6210–01–P
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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
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 shares of 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 offices 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
December 31, 2014.
A. Federal Reserve Bank of Atlanta
(Chapelle Davis, Assistant Vice
President) 1000 Peachtree Street NE.,
Atlanta, Georgia 30309:
1. Tommy Charles Fitzgerald,
Byrdstown, Tennessee; to acquire an
additional voting shares of Upper
Cumberland Bancshares, Inc., and
thereby indirectly acquire additional
voting shares of People’s Bank and Trust
Company of Pickett County, both in
Byrdstown, Tennessee.
Board of Governors of the Federal Reserve
System, December 11, 2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014–29406 Filed 12–15–14; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension
Federal Trade Commission
(‘‘FTC’’ or ‘‘Commission’’).
ACTION: Notice.
AGENCY:
The FTC intends to ask the
Office of Management and Budget
(‘‘OMB’’) to extend for an additional
three years the current Paperwork
Reduction Act (‘‘PRA’’) clearance for the
FTC’s enforcement of the information
collection requirements in its Fair
Packaging and Labeling Act regulations
(‘‘FPLA Rules’’). That clearance expires
on May 31, 2015.
DATES: Comments must be filed by
February 17, 2015.
SUMMARY:
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ADDRESSES:
Interested parties may file a
comment online or on paper, by
following the instructions in the
Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘FPLA Rules, PRA
Comment, P074200’’ on your comment
and file your comment online at
https://ftcpublic.commentworks.com/
ftc/fplaregspra by following the
instructions on the web-based form. If
you prefer to file your comment on
paper, mail your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
600 Pennsylvania Avenue NW., Suite
CC–5610 (Annex J), Washington, DC
20580, or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW.,
5th Floor, Suite 5610 (Annex J),
Washington, DC 20024.
FPLA Rules and the FTC’s associated
PRA burden estimates that follow.2
A. Estimated number of respondents:
801,514 3
B. Burden Hours: 8,015,140 hours,
cumulative (yearly recurring burden
of 10 hours per respondent to
modify and distribute notices ×
801,514 respondents)
C. Labor Costs: $185,149,734
Labor costs are derived by applying
appropriate estimated hourly cost
figures to the burden hours described
above. The FTC assumes that
respondents will use employees to
create compliant labels. Of the 10 hours
spent by each respondent, Commission
staff assumes the hour breakdown will
be as follows: 1 hour of managerial and/
or professional time per covered entity,
at an hourly wage of $60,4 2 hours of
specialized clerical support, at an
hourly wage of $26,5 7 hours of clerical
FOR FURTHER INFORMATION CONTACT:
2 To the extent that the FPLA-implementing
regulations require sellers of consumer
commodities to keep records that substantiate
‘‘cents off,’’ ‘‘introductory offer,’’ and/or ‘‘economy
size’’ claims, Commission staff believes that most,
if not all, of the records that sellers maintain would
be kept in the ordinary course of business,
regardless of the legal mandates.
3 Commission staff identified categories of entities
under its jurisdiction that supply consumer
commodities as defined in the FPLA Rules. Those
categories include retailers, wholesalers, and
manufacturers. Commission staff estimated the
number of retailers (735,038) based on Census data
(under NAICS subsectors 445, 452, and 453,
respectively, for food and beverage stores, general
merchandise stores, and miscellaneous store
retailers) compiled by PricewaterhouseCoopers,
LLC for the National Retail Federation report,
‘‘Retail’s Impact Across America’’: https://nrf.com/
advocacy/retails-impact. Commission staff
estimated the number of wholesalers (42,160) and
manufacturers (24,316) based on 2007 Census data
(comparable 2012 Census data for them have not yet
been released). See generally https://www.census.
gov/econ/census/data/historical_data.html.
Although the stated number of respondents suggests
precision, it is an estimate in that it aggregates the
number of establishments under industry codes that
FTC staff believes reflect entities subject to the
FPLA. But, even allowing for industries that may
apply, the Census data do not separately break out
non-household products from household use.
Accordingly, the source information is overinclusive and thus overstates what is actually
subject to the FPLA.
4 Based on an average of ‘‘General and Operations
Managers’’ ($55.81) and ($63.46), resulting in
$59.64, rounded up to $60, available from ‘‘Bureau
of Labor Statistics, Economic News Release, April
1, 2014, Table 1, ‘‘National employment and wage
data from the Occupational Employment Statistics
survey by occupation, May 2013.’’ https://www.bls.
gov/news.release/ocwage.nr0.htm.
5 ‘‘Specialized clerical support’’ consists of
computer support personnel who design the
appearance and layout of product packaging,
including appropriate display of the disclosures
required by the FPLA regulations. The wage
estimate is based on mean hourly wages for
‘‘Computer support specialist.’’ See Bureau of Labor
Statistics, Economic News Release, April 1, 2014,
Table 1, ‘‘National employment and wage data from
the Occupational Employment Statistics survey by
occupation, May 2013.https://www.bls.gov/news.
release/ocwage.nr0.htm.
Megan Gray, Attorney, Division of
Enforcement, Bureau of Consumer
Protection, (202) 326–3405, 600
Pennsylvania Ave. NW., Room 9541,
Washington, DC 20580.
The FPLA,
15 U.S.C. 1451–1461, was enacted to
eliminate consumer deception
concerning product size and package
content. Section 4 of the FPLA
specifically requires packages or labels
to be marked with: (1) A statement of
identity; (2) a net quantity of contents
disclosure; and (3) the name and place
of business of the company responsible
for the product. The FPLA regulations,
16 CFR parts 500–503, specify how
manufacturers, packagers, and
distributors of ‘‘consumer commodities’’
must do this.1
Under the PRA, 44 U.S.C. 3501–3521,
federal agencies must get OMB approval
for each collection of information they
conduct or sponsor. ‘‘Collection of
information’’ includes agency requests
or requirements to submit reports, keep
records, or provide information to a
third party. 44 U.S.C. 3502(3); 5 CFR
1320.3(c). The FTC seeks clearance for
the disclosure requirements under the
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SUPPLEMENTARY INFORMATION:
1 ‘‘The term consumer commodity or commodity
means any article, product, or commodity of any
kind or class which is customarily produced or
distributed for sale through retail sales agencies or
instrumentalities for consumption by individuals,
or use by individuals for purposes of personal care
or in the performance of services ordinarily
rendered within the household, and which usually
is consumed or expended in the course of such
consumption or use.’’ 16 CFR 500.2(c). For the
precise scope of the term’s coverage see 16 CFR
500.2(c); 503.2; 503.5. See also https://ftc.gov/
enforcement/rules/rulemaking-regulatory-reformproceedings/fair-packaging-labeling-act.
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time per covered entity, at an hourly
wage of $17,6 for a total of $185,149,734
($231 blended labor cost per covered
entity × 801,514 entities).
D. Capital/Non-Labor Costs: $0
Commission staff believes that the
FPLA Rules impose negligible capital or
other non-labor costs, as the affected
entities are likely to have the necessary
supplies and/or equipment already (e.g.,
offices and computers) for the
information collections discussed
above.
Request for Comment: Pursuant to
Section 3506(c)(2)(A) of the PRA, the
FTC invites comments on: (1) Whether
the disclosure requirements are
necessary, including whether the
information will be practically useful;
(2) the accuracy of our burden estimates,
including whether the methodology and
assumptions used are valid; (3) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(4) ways to minimize the burden of
providing the required information to
consumers.
You can file a comment online or on
paper. For the Commission to consider
your comment, we must receive it on or
before February 17, 2015. Write ‘‘FPLA
Rules, PRA Comment, P074200’’ on
your comment. Your comment—
including your name and your state—
will be placed on the public record of
this proceeding, including to the extent
practicable, on the public Commission
Web site, at https://www.ftc.gov/os/
publiccomments.shtm. As a matter of
discretion, the Commission tries to
remove individuals’ home contact
information from comments before
placing them on the Commission Web
site.
Because your comment will be made
public, you are solely responsible for
making sure that your comment doesn’t
include any sensitive personal
information, like anyone’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. You are also solely responsible
for making sure that your comment
doesn’t include any sensitive health
information, like medical records or
other individually identifiable health
information. In addition, don’t 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 See id. The clerical wage estimate is a rounded
average of mean hourly wages for ‘‘computer
operators’’ ($19.25) and ‘‘data entry and information
processing workers’’ ($15.28).
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6(f) of the FTC Act, 15 U.S.C. 46(f), and
FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2).
In particular, don’t include
competitively sensitive information
such as costs, sales statistics,
inventories, formulas, patterns, devices,
manufacturing processes, or customer
names.
If you want the Commission to treat
your comment as confidential, you must
file it in paper form, with a request for
confidentiality, and you have to follow
the procedure explained in FTC Rule
4.9(c).7 Your comment will be kept
confidential only if the FTC General
Counsel grants your request in
accordance with the law and the public
interest.
Postal mail addressed to the
Commission is subject to delay due to
heightened security screening. As a
result, we encourage you to submit your
comments online. To make sure that the
Commission considers your online
comment, you must file it at https://
ftcpublic.commentworks.com/ftc/
fplaregspra, by following the
instructions on the web-based form. If
this Notice appears at https://www.
regulations.gov/#!home, you also may
file a comment through that Web site.
If you file your comment on paper,
write ‘‘FPLA Rules, PRA Comment,
P074200’’ on your comment and on the
envelope, and mail it to the following
address: Federal Trade Commission,
Office of the Secretary, 600
Pennsylvania Avenue NW., Suite CC–
5610 (Annex J), Washington, DC 20580,
or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW.,
5th Floor, Suite 5610 (Annex J),
Washington, DC 20024. If possible,
submit your paper comment to the
Commission by courier or overnight
service.
The FTC Act and other laws that 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 on or
before February 17, 2015. For
information on the Commission’s
privacy policy, including routine uses
7 In particular, the written request for confidential
treatment that accompanies the comment must
include the factual and legal basis for the request,
and must identify the specific portions of the
comment to be withheld from the public record. See
FTC Rule 4.9(c), 16 CFR 4.9(c).
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permitted by the Privacy Act, see
https://www.ftc.gov/ftc/privacy.htm.
David C. Shonka,
Principal Deputy General Counsel.
[FR Doc. 2014–29441 Filed 12–15–14; 8:45 am]
BILLING CODE 6750–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
[30-Day 15–0910]
Agency Forms Undergoing Paperwork
Reduction Act Review
The Centers for Disease Control and
Prevention (CDC) has submitted the
following information collection request
to the Office of Management and Budget
(OMB) for review and approval in
accordance with the Paperwork
Reduction Act of 1995. The notice for
the proposed information collection is
published to obtain comments from the
public and affected agencies.
Written comments and suggestions
from the public and affected agencies
concerning the proposed collection of
information are encouraged. Your
comments should address any of the
following: (a) Evaluate whether the
proposed collection of information is
necessary for the proper performance of
the functions of the agency, including
whether the information will have
practical utility; (b) Evaluate the
accuracy of the agencies estimate of the
burden of the proposed collection of
information, including the validity of
the methodology and assumptions used;
(c) Enhance the quality, utility, and
clarity of the information to be
collected; (d) 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; and (e) Assess information
collection costs.
To request additional information on
the proposed project or to obtain a copy
of the information collection plan and
instruments, call (404) 639–7570 or
send an email to omb@cdc.gov. Written
comments and/or suggestions regarding
the items contained in this notice
should be directed to the Attention:
CDC Desk Officer, Office of Management
and Budget, Washington, DC 20503 or
by fax to (202) 395–5806. Written
comments should be received within 30
days of this notice.
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Proposed Project
Message Testing for Tobacco
Communication Activities (OMB No.
0920–0910, exp. 1/31/2015)—
Revision—National Center for Chronic
Disease Prevention and Health
Promotion (NCCDPHP), Centers for
Disease Control and Prevention (CDC).
Background and Brief Description
In 2012, CDC’s Office on Smoking and
Health obtained OMB approval of a
generic clearance to support the
development and testing of tobaccorelated health messages, including
messages disseminated through
multiple phases of an ACA-funded
media campaign (Message Testing for
Tobacco Communication Activities
(MTTCA), OMB No. 0920–0910, exp. 1/
31/2015). CDC has employed the
MTTCA clearance to collect information
about adult smokers’ and nonsmokers’
attitudes and perceptions, and to pretest draft messages and materials for
clarity, salience, appeal, and
persuasiveness. Information collection
modes that are supported include indepth interviews, in-person focus
groups, online focus groups, computerassisted, in-person, or telephone
interviews, and online surveys.
Messages have been developed for
multiple media channels including
television, radio, print, and digital
formats.
CDC requests OMB approval to extend
the MTTCA clearance, with changes, for
three years. The Revision information
collection request will propose a 20%
increase in the annualized estimated
number of respondents (from 36,847 to
44,216) and a 52% increase in the
annualized estimated burden hours
(from 7,219 to 10,998). The increases
will be used for short, medium and indepth surveys which are in line with
activities proposed in the initial generic
clearance. These increases are needed to
support CDC’s planned information
collections and to accommodate
additional needs that CDC may identify
during the next three years. For
example, the MTTCA generic clearance
may be used to facilitate the
development of tobacco-related health
communications of interest for CDC’s
collaborative efforts with other federal
partners including, but not limited to,
the Food and Drug Administration
(FDA), the Substance Abuse and Mental
Health Services Administration
(SAMHSA), the National Institutes of
Health (NIH), and the National Cancer
Institute (NCI). At this time the revised
MTTCA clearance is expected to be
sufficient to test tobacco related
messages developed by CDC for the
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Agencies
[Federal Register Volume 79, Number 241 (Tuesday, December 16, 2014)]
[Notices]
[Pages 74722-74724]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-29441]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension
AGENCY: Federal Trade Commission (``FTC'' or ``Commission'').
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The FTC intends to ask the Office of Management and Budget
(``OMB'') to extend for an additional three years the current Paperwork
Reduction Act (``PRA'') clearance for the FTC's enforcement of the
information collection requirements in its Fair Packaging and Labeling
Act regulations (``FPLA Rules''). That clearance expires on May 31,
2015.
DATES: Comments must be filed by February 17, 2015.
[[Page 74723]]
ADDRESSES: Interested parties may file a comment online or on paper, by
following the instructions in the Request for Comment part of the
SUPPLEMENTARY INFORMATION section below. Write ``FPLA Rules, PRA
Comment, P074200'' on your comment and file your comment online at
https://ftcpublic.commentworks.com/ftc/fplaregspra by following the
instructions on the web-based form. If you prefer to file your comment
on paper, mail your comment to the following address: Federal Trade
Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite
CC-5610 (Annex J), Washington, DC 20580, or deliver your comment to the
following address: Federal Trade Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex
J), Washington, DC 20024.
FOR FURTHER INFORMATION CONTACT: Megan Gray, Attorney, Division of
Enforcement, Bureau of Consumer Protection, (202) 326-3405, 600
Pennsylvania Ave. NW., Room 9541, Washington, DC 20580.
SUPPLEMENTARY INFORMATION: The FPLA, 15 U.S.C. 1451-1461, was enacted
to eliminate consumer deception concerning product size and package
content. Section 4 of the FPLA specifically requires packages or labels
to be marked with: (1) A statement of identity; (2) a net quantity of
contents disclosure; and (3) the name and place of business of the
company responsible for the product. The FPLA regulations, 16 CFR parts
500-503, specify how manufacturers, packagers, and distributors of
``consumer commodities'' must do this.\1\
---------------------------------------------------------------------------
\1\ ``The term consumer commodity or commodity means any
article, product, or commodity of any kind or class which is
customarily produced or distributed for sale through retail sales
agencies or instrumentalities for consumption by individuals, or use
by individuals for purposes of personal care or in the performance
of services ordinarily rendered within the household, and which
usually is consumed or expended in the course of such consumption or
use.'' 16 CFR 500.2(c). For the precise scope of the term's coverage
see 16 CFR 500.2(c); 503.2; 503.5. See also https://ftc.gov/enforcement/rules/rulemaking-regulatory-reform-proceedings/fair-packaging-labeling-act.
---------------------------------------------------------------------------
Under the PRA, 44 U.S.C. 3501-3521, federal agencies must get OMB
approval for each collection of information they conduct or sponsor.
``Collection of information'' includes agency requests or requirements
to submit reports, keep records, or provide information to a third
party. 44 U.S.C. 3502(3); 5 CFR 1320.3(c). The FTC seeks clearance for
the disclosure requirements under the FPLA Rules and the FTC's
associated PRA burden estimates that follow.\2\
---------------------------------------------------------------------------
\2\ To the extent that the FPLA-implementing regulations require
sellers of consumer commodities to keep records that substantiate
``cents off,'' ``introductory offer,'' and/or ``economy size''
claims, Commission staff believes that most, if not all, of the
records that sellers maintain would be kept in the ordinary course
of business, regardless of the legal mandates.
A. Estimated number of respondents: 801,514 \3\
---------------------------------------------------------------------------
\3\ Commission staff identified categories of entities under its
jurisdiction that supply consumer commodities as defined in the FPLA
Rules. Those categories include retailers, wholesalers, and
manufacturers. Commission staff estimated the number of retailers
(735,038) based on Census data (under NAICS subsectors 445, 452, and
453, respectively, for food and beverage stores, general merchandise
stores, and miscellaneous store retailers) compiled by
PricewaterhouseCoopers, LLC for the National Retail Federation
report, ``Retail's Impact Across America'': https://nrf.com/advocacy/retails-impact. Commission staff estimated the number of
wholesalers (42,160) and manufacturers (24,316) based on 2007 Census
data (comparable 2012 Census data for them have not yet been
released). See generally https://www.census.gov/econ/census/data/historical_data.html. Although the stated number of respondents
suggests precision, it is an estimate in that it aggregates the
number of establishments under industry codes that FTC staff
believes reflect entities subject to the FPLA. But, even allowing
for industries that may apply, the Census data do not separately
break out non-household products from household use. Accordingly,
the source information is over-inclusive and thus overstates what is
actually subject to the FPLA.
---------------------------------------------------------------------------
B. Burden Hours: 8,015,140 hours, cumulative (yearly recurring burden
of 10 hours per respondent to modify and distribute notices x 801,514
respondents)
C. Labor Costs: $185,149,734
Labor costs are derived by applying appropriate estimated hourly
cost figures to the burden hours described above. The FTC assumes that
respondents will use employees to create compliant labels. Of the 10
hours spent by each respondent, Commission staff assumes the hour
breakdown will be as follows: 1 hour of managerial and/or professional
time per covered entity, at an hourly wage of $60,\4\ 2 hours of
specialized clerical support, at an hourly wage of $26,\5\ 7 hours of
clerical time per covered entity, at an hourly wage of $17,\6\ for a
total of $185,149,734 ($231 blended labor cost per covered entity x
801,514 entities).
---------------------------------------------------------------------------
\4\ Based on an average of ``General and Operations Managers''
($55.81) and ($63.46), resulting in $59.64, rounded up to $60,
available from ``Bureau of Labor Statistics, Economic News Release,
April 1, 2014, Table 1, ``National employment and wage data from the
Occupational Employment Statistics survey by occupation, May 2013.''
https://www.bls.gov/news.release/ocwage.nr0.htm.
\5\ ``Specialized clerical support'' consists of computer
support personnel who design the appearance and layout of product
packaging, including appropriate display of the disclosures required
by the FPLA regulations. The wage estimate is based on mean hourly
wages for ``Computer support specialist.'' See Bureau of Labor
Statistics, Economic News Release, April 1, 2014, Table 1,
``National employment and wage data from the Occupational Employment
Statistics survey by occupation, May 2013.https://www.bls.gov/news.release/ocwage.nr0.htm.
\6\ See id. The clerical wage estimate is a rounded average of
mean hourly wages for ``computer operators'' ($19.25) and ``data
entry and information processing workers'' ($15.28).
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D. Capital/Non-Labor Costs: $0
Commission staff believes that the FPLA Rules impose negligible
capital or other non-labor costs, as the affected entities are likely
to have the necessary supplies and/or equipment already (e.g., offices
and computers) for the information collections discussed above.
Request for Comment: Pursuant to Section 3506(c)(2)(A) of the PRA,
the FTC invites comments on: (1) Whether the disclosure requirements
are necessary, including whether the information will be practically
useful; (2) the accuracy of our burden estimates, including whether the
methodology and assumptions used are valid; (3) ways to enhance the
quality, utility, and clarity of the information to be collected; and
(4) ways to minimize the burden of providing the required information
to consumers.
You can file a comment online or on paper. For the Commission to
consider your comment, we must receive it on or before February 17,
2015. Write ``FPLA Rules, PRA Comment, P074200'' on your comment. Your
comment--including your name and your state--will be placed on the
public record of this proceeding, including to the extent practicable,
on the public Commission Web site, at https://www.ftc.gov/os/publiccomments.shtm. As a matter of discretion, the Commission tries to
remove individuals' home contact information from comments before
placing them on the Commission Web site.
Because your comment will be made public, you are solely
responsible for making sure that your comment doesn't include any
sensitive personal information, like anyone'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. You are also solely
responsible for making sure that your comment doesn't include any
sensitive health information, like medical records or other
individually identifiable health information. In addition, don't
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
[[Page 74724]]
6(f) of the FTC Act, 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16 CFR
4.10(a)(2). In particular, don't include competitively sensitive
information such as costs, sales statistics, inventories, formulas,
patterns, devices, manufacturing processes, or customer names.
If you want the Commission to treat your comment as confidential,
you must file it in paper form, with a request for confidentiality, and
you have to follow the procedure explained in FTC Rule 4.9(c).\7\ Your
comment will be kept confidential only if the FTC General Counsel
grants your request in accordance with the law and the public interest.
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\7\ In particular, the written request for confidential
treatment that accompanies the comment must include the factual and
legal basis for the request, and must identify the specific portions
of the comment to be withheld from the public record. See FTC Rule
4.9(c), 16 CFR 4.9(c).
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Postal mail addressed to the Commission is subject to delay due to
heightened security screening. As a result, we encourage you to submit
your comments online. To make sure that the Commission considers your
online comment, you must file it at https://ftcpublic.commentworks.com/ftc/fplaregspra, by following the instructions on the web-based form.
If this Notice appears at https://www.regulations.gov/#!home, you also
may file a comment through that Web site.
If you file your comment on paper, write ``FPLA Rules, PRA Comment,
P074200'' on your comment and on the envelope, and mail it to the
following address: Federal Trade Commission, Office of the Secretary,
600 Pennsylvania Avenue NW., Suite CC-5610 (Annex J), Washington, DC
20580, or deliver your comment to the following address: Federal Trade
Commission, Office of the Secretary, Constitution Center, 400 7th
Street SW., 5th Floor, Suite 5610 (Annex J), Washington, DC 20024. If
possible, submit your paper comment to the Commission by courier or
overnight service.
The FTC Act and other laws that 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 on or before February 17,
2015. For information on the Commission's privacy policy, including
routine uses permitted by the Privacy Act, see https://www.ftc.gov/ftc/privacy.htm.
David C. Shonka,
Principal Deputy General Counsel.
[FR Doc. 2014-29441 Filed 12-15-14; 8:45 am]
BILLING CODE 6750-01-P