Proposed Agency Information Collection Activities; Comment Request, 31635-31637 [2016-11781]

Download as PDF mstockstill on DSK3G9T082PROD with NOTICES Federal Register / Vol. 81, No. 97 / Thursday, May 19, 2016 / Notices Frequency of Response: On occasion, annual, biennial, and one-time reporting requirements. Total Annual Burden: 156,080 hours. Total Annual Cost: $1,307,670. Privacy Act Impact Assessment: No impact(s). Nature and Extent of Confidentiality: The Commission is not requesting that the respondents submit confidential information to the FCC. Respondents may, however, request confidential treatment for information they believe to be confidential under 47 CFR Section 0.459 of the Commission’s rules. Needs and Uses: On March 23, 2016, the Commission adopted a Report and Order, FCC 16–33, which reformed universal service for rate-of-return local exchange carriers (LECs). These reforms require approximately 95 rate-of-return LECs to make one-time tariff filings and NECA to make two tariff filings with the necessary support materials outside the normal annual filing period. We note that we are removing the requirement that competitive and incumbent LECs make a one-time intrastate tariff filing to establish Voice over Internet Protocol rates at intrastate levels, as this requirement has been met. Part 61 of the Commission’s Rules, 47 CFR part 61, prescribes the framework for the initial establishment of and subsequent revisions to tariffs. The information collected through the carriers’ tariffs and supporting documentation is used by the Commission and state commissions to determine whether the services are offered in a just and reasonable manner. OMB Control Number: 3060–0400. Title: Part 61, Tariff Review Plan (TRP). Form Number: N/A. Type of Review: Revision of a currently approved collection. Respondents: Business or other forprofit entities. Number of Respondents and Responses: 2,840 respondents; 5,437 responses. Estimated Time per Response: 0.5 hours–53 hours. Frequency of Response: On occasion, annual, biennial, and one-time reporting requirements. Obligation to Respond: Required to obtain or retain benefits. Statutory authority for this information collection is contained in 47 U.S.C. Sections 201, 202, 203, and 251(b)(5) of the Communications Act of 1934, as amended. Total Annual Burden: 66,000 hours. Total Annual Cost: No cost. Privacy Impact Assessment: No impact(s). VerDate Sep<11>2014 18:47 May 18, 2016 Jkt 238001 Nature and Extent of Confidentiality: Respondents are not being asked to submit confidential information to the Commission. If the Commission requests respondents to submit information which respondents believe are confidential, respondents may request confidential treatment of such information under 47 CFR 0.459 of the Commission’s rules. Needs and Uses: On March 23, 2016, the Commission adopted the Rate-ofReturn Order, FCC 16–33, which reformed universal service for rate-ofreturn local exchange carriers (LECs). These reforms require rate-of-return LECs to make tariff filings with the necessary support materials outside the normal tariff filing period. We note that at this time, we are removing the requirement that competitive and incumbent LECs make a one-time intrastate tariff filing to establish Voice over Internet Protocol rates at intrastate levels, as this requirement has been met. Sections 201, 202, and 203 of the Communications Act of 1934, as amended (the Act) require common carriers to establish just and reasonable charges, practices, and regulations for their interstate telecommunications services provided. For services that are still covered under Section 203, tariff schedules containing charges, rates, rules, and regulations must be filed with the Commission. Part 61 of the Commission’s Rules, 47 CFR part 61, prescribes the framework for the establishment of and subsequent revisions to tariffs. Certain local exchange carriers are required to submit a biennial or annual Tariff Review Plan (TRP) in partial fulfillment of cost support material required by part 61. The Commission developed the TRP to minimize reporting burdens on reporting incumbent local exchange carriers (ILECs). TRPs set forth the summary material ILECs file to support revisions to the rates in their interstate access service tariffs. For those services still requiring cost support, TRPs assist the Commission in determining whether ILEC access charges are just and reasonable as required under the Act. Federal Communications Commission. Marlene H. Dortch, Secretary, Office of Secretary. [FR Doc. 2016–11807 Filed 5–18–16; 8:45 am] BILLING CODE 6712–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meeting AGENCY: PO 00000 Federal Election Commission. Frm 00050 Fmt 4703 Sfmt 4703 31635 Tuesday, May 24, 2016 at 10:00 a.m. PLACE: 999 E Street NW., Washington, DC. STATUS: This meeting will be closed to the public. DATE AND TIME: Items To Be Discussed Compliance matters pursuant to 52 U.S.C. 30109. Information the premature disclosure of which would be likely to have a considerable adverse effect on the implementation of a proposed Commission action. Matters concerning participation in civil actions or proceeding, or arbitration. * * * * * PERSON TO CONTACT FOR INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. Shawn Woodhead Werth, Commission Secretary and Clerk. [FR Doc. 2016–12006 Filed 5–17–16; 4:15 pm] BILLING CODE 6715–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. SUMMARY: 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), to approve of and assign OMB numbers to collection of information requests and requirements conducted or sponsored by the Board. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the PRA 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 number. DATES: Comments must be submitted on or before July 18, 2016. ADDRESSES: You may submit comments, identified by FR 2046 or FR 3067, by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the AGENCY: E:\FR\FM\19MYN1.SGM 19MYN1 mstockstill on DSK3G9T082PROD with NOTICES 31636 Federal Register / Vol. 81, No. 97 / Thursday, May 19, 2016 / Notices instructions for submitting comments at http://www.federalreserve.gov/apps/ foia/proposedregs.aspx . • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@ federalreserve.gov. Include OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Robert deV. Frierson, 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/apps/foia/ proposedregs.aspx 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 3515, 1801 K Street (between 18th and 19th Streets NW.) Washington, DC 20006 between 9:00 a.m. and 5:00 p.m. on weekdays. Additionally, commenters may send a copy of their comments to the OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, 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/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below. Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202) 452–3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263–4869, Board of Governors of the Federal Reserve System, Washington, DC 20551. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Proposals The following information collections, which are being handled under this delegated authority, have VerDate Sep<11>2014 18:47 May 18, 2016 Jkt 238001 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 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; 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; and e. Estimates of capital or start up costs and costs of operation, maintenance, and purchase of services to provide information. Proposal To Approve Under OMB Delegated Authority the Extension for Three Years, Without Revision, of the Following Report Report title: Report of Selected Balance Sheet Items for Discount Window Borrowers. Agency form number: FR 2046. OMB control number: 7100–0289. Frequency: On occasion. Reporters: Depository institutions. Estimated annual burden hours: Primary and Secondary Credit, 1 hour; Seasonal Credit, 383 hours. Estimated average hours per response: Primary and Secondary Credit, 0.75 hours; Seasonal Credit, 0.25 hours. Number of respondents: Primary and Secondary Credit, 1; Seasonal Credit, 85. General description of report: The Board’s Legal Division has determined that the FR 2046 is authorized pursuant to sections 10B and 19(b)(7) of the Federal Reserve Act (12 U.S.C. 347b and 461(b)(7)) and the Board’s Regulation A (12 CFR part 201). Sections 10B and 19(b)(7) authorize Federal Reserve Banks to make advances to a member bank or other depository institution on the borrower’s time or demand notes under rules and regulations prescribed by the Board. The Board’s Regulation A sets out the rules for obtaining such advances. The FR 2046 is required to obtain a benefit because an entity may PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 be required to file the form in order to borrow from the Federal Reserve’s discount window. Individual respondent data are regarded as confidential under the Freedom of Information Act (5 U.S.C. 552(b)(4)). Abstract: The Federal Reserve’s Regulation A, Extensions of Credit by Federal Reserve Banks, requires that Reserve Banks review balance sheet data in determining whether to extend credit and to help ascertain whether undue use is made of such credit. Depository institutions that borrow from the discount window report on the FR 2046 certain balance sheet data for a period that encompasses the dates of borrowing. Current Actions: The Federal Reserve proposes to extend, without revision, the FR 2046. Proposal To Approve Under OMB Delegated Authority the Extension for Three Years, With Revision, of the Following Report Report title: Payments Research Survey. Agency form number: FR 3067. OMB control number: 7100–0355. Frequency: On occasion. Reporters: Depository institutions, financial and nonfinancial businesses and related entities, individual consumers, households, and federal, state and local government agencies. Estimated annual burden hours: 30,000 hours. Estimated average hours per response: 1.5 hours. Number of respondents: 10,000. General description of report: This survey is generally authorized by sections 2A and 12A of the Federal Reserve Act (FRA). Section 2A of the FRA requires that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee (FOMC) maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of the maximum employment, stable prices, and moderate long-term interest rates (12 U.S.C. 225a). In addition, under section 12A of the FRA, the FOMC is required to implement regulations relating to the open market operations conducted by Federal Reserve Banks with a view to accommodating commerce and business and with regard to the regulations’ bearing upon the general credit situation of the country (12 U.S.C. 263). The authority of the Federal Reserve to collect economic data to carry out the requirements of these provisions is implicit. Accordingly, the Federal E:\FR\FM\19MYN1.SGM 19MYN1 mstockstill on DSK3G9T082PROD with NOTICES Federal Register / Vol. 81, No. 97 / Thursday, May 19, 2016 / Notices Reserve is authorized to use the FR 3067 by sections 2A and 12A of the FRA. Additionally, depending on the survey respondent, the information collection may be authorized under a more specific statute. These statutes are: • Expedited Funds Availability Act section 609 (12 U.S.C. 4008) • Electronic Fund Transfer Act section 920 (15 U.S.C. 1693o–2) • The Check Clearing for the 21st Century Act section 15 (12 U.S.C. 5014) • Federal Reserve Act section 11 (Examinations and reports, Supervision over Reserve Banks, and Federal Reserve Note provisions, 12 U.S.C. 248); section 11A (Pricing of Services, 12 U.S.C. 248a); section 13 (FRB deposits and collections, 12 U.S.C. 342); and section 16 (Issuance of Federal Reserve notes, par clearance, and FRB clearinghouse, 12 U.S.C. 248–1, 360, and 411). Under the appropriate authority, the Federal Reserve may make submission of survey information mandatory for entities such as financial institutions or payment card networks; submissions would otherwise be voluntary. The ability of the Federal Reserve to maintain the confidentiality of information provided by respondents to the FR 3067 surveys will be determined on a case-by-case basis depending on the type of information provided for a particular survey. For instance, in some circumstances, no issue of confidentiality will arise as the surveys may be conducted by private firms under contract with the Federal Reserve and names or other directly identifying information would not be provided to the Federal Reserve. In circumstances where identifying information is provided to the Federal Reserve, such information could possibly be protected under the Freedom of Information Act (FOIA), exemptions 4 and 6. If the survey is mandatory and is undertaken as part of the supervisory process, information could be protected under FOIA exemption 8, which protects information relating to the examination reports (5 U.S.C. 552(b)(8)). Abstract: This survey collects information, as needed, on specific and time sensitive issues, which may affect the Federal Reserve’s decision making. Respondents may comprise depository institutions, financial and nonfinancial businesses and related entities, individual consumers, households, and federal, state and local government agencies. This survey may be mandatory for a certain subset of entities and voluntary for all other respondents. The Federal Reserve uses this event-driven survey to obtain information specifically tailored to the Federal Reserve System’s VerDate Sep<11>2014 18:47 May 18, 2016 Jkt 238001 supervisory, regulatory, fiscal, and operational responsibilities. The Federal Reserve may conduct various versions of the survey, as needed, and may survey respondents up to four times per year. The frequency and content of the questions depends on changing economic, regulatory, supervisory, or legislative developments. Current Actions: The Federal Reserve proposes to add federal, state, and local government agencies as potential respondents to a survey. The Federal Reserve also proposes adjusting the burden by decreasing the estimated number of responses per year from four to two; decreasing the hours per response from 3 to 1.5; and by increasing the estimated number of respondents from 5,000 to 10,000. Board of Governors of the Federal Reserve System, May 12, 2016. Michael Lewandowski, Associate Secretary of the Board. [FR Doc. 2016–11781 Filed 5–18–16; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION [File No. 161 0045] American Air Liquide Holdings, Inc.; Analysis To Aid Public Comment Federal Trade Commission. Proposed consent agreement. AGENCY: ACTION: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair methods of competition. The attached Analysis to Aid Public Comment describes both the allegations in the complaint and the terms of the consent orders—embodied in the consent agreement—that would settle these allegations. DATES: Comments must be received on or before June 14, 2016. ADDRESSES: Interested parties may file a comment at https://ftcpublic.comment works.com/ftc/airliquideairgasconsent online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘In the Matter of American Air Liquide Holdings, Inc.,— Consent Agreement; File No. 161–0045’’ on your comment and file your comment online at https://ftcpublic. commentworks.com/ftc/airliquideairgas consent by following the instructions on the web-based form. If you prefer to file your comment on paper, write ‘‘In the Matter of American Air Liquide Holdings, Inc.,—Consent Agreement; File No. 161–0045’’ on your comment and on the envelope, and mail your comment to the following address: SUMMARY: PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 31637 Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex D), 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 D), Washington, DC 20024. FOR FURTHER INFORMATION CONTACT: Christine Tasso (202–326–2232), Bureau of Competition, 600 Pennsylvania Avenue NW., Washington, DC 20580. SUPPLEMENTARY INFORMATION: Pursuant to Section 6(f) of the Federal Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34, notice is hereby given that the above-captioned consent agreement containing consent orders to cease and desist, having been filed with and accepted, subject to final approval, by the Commission, has been placed on the public record for a period of thirty (30) days. The following Analysis to Aid Public Comment describes the terms of the consent agreement, and the allegations in the complaint. An electronic copy of the full text of the consent agreement package can be obtained from the FTC Home Page (for May 13, 2016), on the World Wide Web, at http://www.ftc.gov/ os/actions.shtm. You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before June 14, 2016. Write ‘‘In the Matter of American Air Liquide Holdings, Inc.,—Consent Agreement; File No. 161–0045’’ 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 http://www.ftc.gov/os/public comments.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 does not 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 does not include any sensitive health information, like medical records or other individually identifiable health information. In addition, do not include E:\FR\FM\19MYN1.SGM 19MYN1

Agencies

[Federal Register Volume 81, Number 97 (Thursday, May 19, 2016)]
[Notices]
[Pages 31635-31637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-11781]


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


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: 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), 
to approve of and assign OMB numbers to collection of information 
requests and requirements conducted or sponsored by the Board. Board-
approved collections of information are incorporated into the official 
OMB inventory of currently approved collections of information. Copies 
of the PRA 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 number.

DATES: Comments must be submitted on or before July 18, 2016.

ADDRESSES: You may submit comments, identified by FR 2046 or FR 3067, 
by any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the

[[Page 31636]]

instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx .
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Robert deV. Frierson, 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/apps/foia/proposedregs.aspx 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 
3515, 1801 K Street (between 18th and 19th Streets NW.) Washington, DC 
20006 between 9:00 a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, 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/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551 (202) 452-3829. Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors 
of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION:

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 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;
    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; and
    e. Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.

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

    Report title: Report of Selected Balance Sheet Items for Discount 
Window Borrowers.
    Agency form number: FR 2046.
    OMB control number: 7100-0289.
    Frequency: On occasion.
    Reporters: Depository institutions.
    Estimated annual burden hours: Primary and Secondary Credit, 1 
hour; Seasonal Credit, 383 hours.
    Estimated average hours per response: Primary and Secondary Credit, 
0.75 hours; Seasonal Credit, 0.25 hours.
    Number of respondents: Primary and Secondary Credit, 1; Seasonal 
Credit, 85.
    General description of report: The Board's Legal Division has 
determined that the FR 2046 is authorized pursuant to sections 10B and 
19(b)(7) of the Federal Reserve Act (12 U.S.C. 347b and 461(b)(7)) and 
the Board's Regulation A (12 CFR part 201). Sections 10B and 19(b)(7) 
authorize Federal Reserve Banks to make advances to a member bank or 
other depository institution on the borrower's time or demand notes 
under rules and regulations prescribed by the Board. The Board's 
Regulation A sets out the rules for obtaining such advances. The FR 
2046 is required to obtain a benefit because an entity may be required 
to file the form in order to borrow from the Federal Reserve's discount 
window. Individual respondent data are regarded as confidential under 
the Freedom of Information Act (5 U.S.C. 552(b)(4)).
    Abstract: The Federal Reserve's Regulation A, Extensions of Credit 
by Federal Reserve Banks, requires that Reserve Banks review balance 
sheet data in determining whether to extend credit and to help 
ascertain whether undue use is made of such credit. Depository 
institutions that borrow from the discount window report on the FR 2046 
certain balance sheet data for a period that encompasses the dates of 
borrowing.
    Current Actions: The Federal Reserve proposes to extend, without 
revision, the FR 2046.

Proposal To Approve Under OMB Delegated Authority the Extension for 
Three Years, With Revision, of the Following Report

    Report title: Payments Research Survey.
    Agency form number: FR 3067.
    OMB control number: 7100-0355.
    Frequency: On occasion.
    Reporters: Depository institutions, financial and nonfinancial 
businesses and related entities, individual consumers, households, and 
federal, state and local government agencies.
    Estimated annual burden hours: 30,000 hours.
    Estimated average hours per response: 1.5 hours.
    Number of respondents: 10,000.
    General description of report: This survey is generally authorized 
by sections 2A and 12A of the Federal Reserve Act (FRA). Section 2A of 
the FRA requires that the Board of Governors of the Federal Reserve 
System and the Federal Open Market Committee (FOMC) maintain long run 
growth of the monetary and credit aggregates commensurate with the 
economy's long run potential to increase production, so as to promote 
effectively the goals of the maximum employment, stable prices, and 
moderate long-term interest rates (12 U.S.C. 225a). In addition, under 
section 12A of the FRA, the FOMC is required to implement regulations 
relating to the open market operations conducted by Federal Reserve 
Banks with a view to accommodating commerce and business and with 
regard to the regulations' bearing upon the general credit situation of 
the country (12 U.S.C. 263). The authority of the Federal Reserve to 
collect economic data to carry out the requirements of these provisions 
is implicit. Accordingly, the Federal

[[Page 31637]]

Reserve is authorized to use the FR 3067 by sections 2A and 12A of the 
FRA.
    Additionally, depending on the survey respondent, the information 
collection may be authorized under a more specific statute. These 
statutes are:
     Expedited Funds Availability Act section 609 (12 U.S.C. 
4008)
     Electronic Fund Transfer Act section 920 (15 U.S.C. 1693o-
2)
     The Check Clearing for the 21st Century Act section 15 (12 
U.S.C. 5014)
     Federal Reserve Act section 11 (Examinations and reports, 
Supervision over Reserve Banks, and Federal Reserve Note provisions, 12 
U.S.C. 248); section 11A (Pricing of Services, 12 U.S.C. 248a); section 
13 (FRB deposits and collections, 12 U.S.C. 342); and section 16 
(Issuance of Federal Reserve notes, par clearance, and FRB 
clearinghouse, 12 U.S.C. 248-1, 360, and 411).
    Under the appropriate authority, the Federal Reserve may make 
submission of survey information mandatory for entities such as 
financial institutions or payment card networks; submissions would 
otherwise be voluntary.
    The ability of the Federal Reserve to maintain the confidentiality 
of information provided by respondents to the FR 3067 surveys will be 
determined on a case-by-case basis depending on the type of information 
provided for a particular survey. For instance, in some circumstances, 
no issue of confidentiality will arise as the surveys may be conducted 
by private firms under contract with the Federal Reserve and names or 
other directly identifying information would not be provided to the 
Federal Reserve. In circumstances where identifying information is 
provided to the Federal Reserve, such information could possibly be 
protected under the Freedom of Information Act (FOIA), exemptions 4 and 
6. If the survey is mandatory and is undertaken as part of the 
supervisory process, information could be protected under FOIA 
exemption 8, which protects information relating to the examination 
reports (5 U.S.C. 552(b)(8)).
    Abstract: This survey collects information, as needed, on specific 
and time sensitive issues, which may affect the Federal Reserve's 
decision making. Respondents may comprise depository institutions, 
financial and nonfinancial businesses and related entities, individual 
consumers, households, and federal, state and local government 
agencies. This survey may be mandatory for a certain subset of entities 
and voluntary for all other respondents. The Federal Reserve uses this 
event-driven survey to obtain information specifically tailored to the 
Federal Reserve System's supervisory, regulatory, fiscal, and 
operational responsibilities. The Federal Reserve may conduct various 
versions of the survey, as needed, and may survey respondents up to 
four times per year. The frequency and content of the questions depends 
on changing economic, regulatory, supervisory, or legislative 
developments.
    Current Actions: The Federal Reserve proposes to add federal, 
state, and local government agencies as potential respondents to a 
survey. The Federal Reserve also proposes adjusting the burden by 
decreasing the estimated number of responses per year from four to two; 
decreasing the hours per response from 3 to 1.5; and by increasing the 
estimated number of respondents from 5,000 to 10,000.

    Board of Governors of the Federal Reserve System, May 12, 2016.
Michael Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2016-11781 Filed 5-18-16; 8:45 am]
BILLING CODE 6210-01-P