Agency Information Collection Activities: Proposed Collection; Recordkeeping and Disclosure Requirements of Regulations B, E, and M, Issued by the Consumer Financial Protection Bureau (CFPB), and Regulation CC, Issued by the Board of Governors of the Federal Reserve System (FRB); Comment Request, 62767-62769 [2016-21863]

Download as PDF sradovich on DSK3GMQ082PROD with NOTICES Federal Register / Vol. 81, No. 176 / Monday, September 12, 2016 / Notices collection burden is accurate. The Occupational Safety and Health Act of 1970 (the OSH Act) (29 U.S.C. 651 et seq.) authorizes information collection by employers as necessary or appropriate for enforcement of the OSH Act or for developing information regarding the causes and prevention of occupational injuries, illnesses, and accidents (29 U.S.C. 657). The OSH Act also requires that OSHA obtain such information with minimum burden upon employers, especially those operating small businesses, and to reduce to the maximum extent feasible unnecessary duplication of efforts in obtaining information (29 U.S.C. 657). Under the authority granted by the OSH Act, OSHA published a health regulation governing access to employee exposure monitoring data and medical records. This regulation does not require employers to collect any information or to establish any new systems of records. Rather, it requires that employers provide workers, their designated representatives, and OSHA with access to employee exposure monitoring and medical records, and any analyses resulting from these records that employers must maintain under OSHA’s toxic chemical and harmful physical agent standards. In this regard, the regulation specifies requirements for record access, record retention, worker information, trade secret management, and record transfer. Accordingly, the Agency attributes the burden hours and costs associated with exposure monitoring and measurement, medical surveillance, and the other activities required to generate the data governed by the regulation to the health standards that specify these activities; therefore, OSHA did not include these burden hours and costs in this ICR. Access to exposure and medical information enables employees and their designated representatives to become directly involved in identifying and controlling occupational health hazards, as well as managing and preventing occupationally-related health impairment and disease. Providing the Agency with access to the records permits it to ascertain whether or not employers are complying with the regulation, as well as with the recordkeeping requirements of its other health standards; therefore, OSHA access provides additional assurance that workers and their designated representatives are able to obtain the data they need to conduct their analyses. II. Special Issues for Comment OSHA has a particular interest in comments on the following issues: VerDate Sep<11>2014 18:40 Sep 09, 2016 Jkt 238001 • Whether the proposed collection of information requirements are necessary for the proper performance of the Agency’s functions, including whether the information is useful; • The accuracy of OSHA’s estimate of the burden (time and costs) of the collection of information requirements, including the validity of the methodology and assumptions used; • The quality, utility, and clarity of the information collected; and • Ways to minimize the burden on employers who must comply; for example, by using automated or other technological information collection and transmission techniques. III. Proposed Actions The Agency is requesting an adjustment decrease of 14,477 burden hours (from 730,515 to 716,038 burden hours). The decrease is the result of an adjustment in the number of establishments used in this analysis decreasing from 759,668 to 739,432, a total adjustment of 20,236. Type of Review: Extension of a currently approved collection. Title: Access to Employee Exposure and Medical Records (29 CFR 1910.1020). OMB Control Number: 1218–0065. Affected Public: Business or other forprofits. Number of Respondents: 739,432. Total Responses: 5,770,925. Frequency of Responses: Initially; Annually; On occasion. Average Time per Response: Various. Estimated Total Burden Hours: 716,038. Estimated Cost (Operation and Maintenance): $0. IV. Public Participation—Submission of Comments on this Notice and Internet Access to Comments and Submissions You may submit comments in response to this document as follows: (1) Electronically at http:// www.regulations.gov, which is the Federal eRulemaking Portal; (2) by facsimile; or (3) by hard copy. All comments, attachments, and other material must identify the Agency name and the OSHA docket number for this ICR (Docket No. OSHA–2009–0043). You may supplement electronic submissions by uploading document files electronically. If you wish to mail additional materials in reference to an electronic or facsimile submission, you must submit them to the OSHA Docket Office (see the section of this notice titled ADDRESSES). The additional materials must clearly identify your electronic comments by your name, date, and the docket number so the PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 62767 Agency can attach them to your comments. Because of security procedures, the use of regular mail may cause a significant delay in the receipt of comments. For information about security procedures concerning the delivery of materials by hand, express delivery, messenger, or courier service, please contact the OSHA Docket Office at (202) 693–2350, (TTY (877) 889– 5627). Comments and submissions are posted without change at http:// www.regulations.gov. Therefore, OSHA cautions commenters about submitting personal information such as their social security number and date of birth. Although all submissions are listed in the http://www.regulations.gov index, some information (e.g., copyrighted material) is not publicly available to read or download from this Web site. All submissions, including copyrighted material, are available for inspection and copying at the OSHA Docket Office. Information on using the http:// www.regulations.gov Web site to submit comments and access the docket is available at the Web site’s ‘‘User Tips’’ link. Contact the OSHA Docket Office for information about materials not available from the Web site, and for assistance in using the Internet to locate docket submissions. V. Authority and Signature David Michaels, Ph.D., MPH, Assistant Secretary of Labor for Occupational Safety and Health, directed the preparation of this notice. The authority for this notice is the Paperwork Reduction Act of 1995 (44 U.S.C. 3506 et seq.) and Secretary of Labor’s Order No. 1–2012 (77 FR 3912). Signed at Washington, DC, on September 7, 2016. David Michaels, Assistant Secretary of Labor for Occupational Safety and Health. [FR Doc. 2016–21886 Filed 9–9–16; 8:45 am] BILLING CODE 4510–26–P NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Proposed Collection; Recordkeeping and Disclosure Requirements of Regulations B, E, and M, Issued by the Consumer Financial Protection Bureau (CFPB), and Regulation CC, Issued by the Board of Governors of the Federal Reserve System (FRB); Comment Request National Credit Union Administration (NCUA). AGENCY: E:\FR\FM\12SEN1.SGM 12SEN1 62768 ACTION: Federal Register / Vol. 81, No. 176 / Monday, September 12, 2016 / Notices Notice and request for comment. NCUA, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on the submission for reinstatement of a previously approved collection, as required by the Paperwork Reduction Act of 1995. NCUA is soliciting comment on the reinstatement of the information collection described below. DATES: Comments should be received on or before November 14, 2016 to be assured consideration. ADDRESSES: Interested persons are invited to submit written comments on the information collection to Dawn Wolfgang, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314, Suite 5067; Fax No. 703–519–8579; or Email at PRAComments@ncua.gov. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to the address above. SUPPLEMENTARY INFORMATION: SUMMARY: I. Abstract and Request for Comments This information collection request provides for the application of three CFPB rules and one FRB rule. NCUA has enforcement responsibility for these rules for federal credit unions. These rules are: • Regulation B (‘‘Equal Credit Opportunity Act,’’ 12 CFR part 1002); • Regulation E (‘‘Electronic Fund Transfers,’’ 12 CFR part 1005); • Regulation M (‘‘Consumer Leasing,’’ 12 CFR part 1013); and • Regulation CC (‘‘Availability of Funds and Collection of Checks,’’ 12 CFR part 229). sradovich on DSK3GMQ082PROD with NOTICES Regulation B—12 CFR Part 1002—Equal Credit Opportunity Act (ECOA) (15 U.S.C. 1691) The ECOA was enacted in 1974 and is implemented by Regulation B. ECOA and Regulation B prohibit lenders from discriminating in any aspect of a credit transaction on the basis of the applicant’s sex, marital status, race, color, religion, national origin, or age. It also prohibits discrimination because an applicant’s income is derived from a public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act (Pub.L. 90–321, 82 Stat.146). The regulation establishes guidelines for gathering and evaluating information about personal characteristics in applications for certain dwelling-related loans, requires lenders to provide VerDate Sep<11>2014 18:40 Sep 09, 2016 Jkt 238001 applicants with certain information including copies of appraisal reports in connection with credit transactions, and requires written notification of action taken on a credit application. The regulation contains rules relating to the use of co-signers. The regulation also requires spousal information to be reported to consumer reporting agencies to reflect participation of both spouses. Regulation E—12 CFR Part 1005— Electronic Fund Transfers (Electronic Fund Transfer Act, 15 U.S.C. 1693 et seq.) The Electronic Fund Transfer Act (EFTA) was enacted in 1978 and is implemented by Regulation E. The EFTA and Regulation E establish the rights, liabilities, and responsibilities of parties in electronic fund transfer (EFT) services and offer protections to consumers when they use such systems. The disclosures required by this regulation are designed to ensure consumer receive adequate disclosure of basic terms, costs, and rights relating to EFT services provided to them so that they can make informed decisions. Credit unions offering EFT services must disclose certain information to consumers including the following: Initial and updated EFT terms, transaction information, the consumer’s potential liability for unauthorized transfers, and error resolution rights and procedures. The regulation also covers change-in-terms notices if the change would result in increased liability for the consumer, increased fees, fewer types of available EFTs, or stricter limitations on the frequency or dollar amounts of transfers; disclosures related to loyalty, award, or promotional gift cards; and requirements for gift card and gift certificate exclusions, prohibition on sale of gift certificates or cards with expiration dates, and other certificate and card disclosures. Subpart B of the regulation covers activities of remittance transfer providers. Regulation M—12 CFR Part 1013— Consumer Leasing (Consumer Leasing Act, 15 U.S.C. 1667–1667f) The Consumer Leasing Act (CLA) was enacted in 1976 as an amendment to the Truth in Lending Act (TILA). The CLA and Regulation M are intended to provide consumers with meaningful disclosures about the costs and terms of leases for personal property. The disclosures enable consumers to compare the terms for a particular lease with those for other leases and, when appropriate, to compare lease terms with those for credit transactions. The CLA and Regulation M also contain rules about advertising consumer leases PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 and limit the size of balloon payments in consumer lease transactions. The CLA and regulation M requires lessors to disclose to consumers uniformly the costs, liabilities, and terms of consumer lease transactions. Disclosures are provided to consumers before they enter into lease transactions and in advertisements that state the availability of consumer leases on particular terms. The regulation generally applies to consumer leases of personal property in which the contractual obligation does not exceed $54,600 1 and has a term of more than four months. Regulation CC—12 CFR Part 229— Availability of Funds and Collection of Checks (Expedited Funds Availability Act, 12 U.S.C. 4001–4010 and the Check Clearing for the 21st Century Act, 12 U.S.C. 5001–5018) This regulation establishes timeframes to govern the availability of funds deposited in checking accounts, rules to govern the collection and return of checks, and general provisions to govern the use of substitute checks. The regulation has consumer protection disclosure requirements and requires credit unions to make funds deposited in transaction accounts available within specified time periods, disclose their availability policies to customers, and begin accruing interest on such deposit promptly. The disclosures are intended to alert customers that their ability to used deposited funds may be delayed, prevent unintentional (and costly) overdrafts, and allow customers to compare the policies of different institutions before deciding at which institution to deposit funds. The regulation also requires notice to the depositary bank and to a customer of nonpayment of a check. Comments submitted in response to this notice will be summarized and included in the request for Office of Management and Budget approval. All comments will become a matter of public record. The public is invited to submit comments concerning: (a) Whether the collection of information is necessary for the proper performance of the function of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) 1 The threshold amount is adjusted annually to reflect increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (§ 1013.1(e)(1)). E:\FR\FM\12SEN1.SGM 12SEN1 62769 Federal Register / Vol. 81, No. 176 / Monday, September 12, 2016 / Notices ways to minimize the burden of the collection of the information on the respondents, including the use of automated collection techniques or other forms of information technology. sradovich on DSK3GMQ082PROD with NOTICES II. Data [FR Doc. 2016–21863 Filed 9–9–16; 8:45 am] Title: Regulation B (‘‘Equal Credit Opportunity Act,’’ 12 CFR part 1002); Regulation E (‘‘Electronic Fund Transfers,’’ 12 CFR part 1005); Regulation M (‘‘Consumer Leasing,’’ 12 CFR part 1013); and Regulation CC (‘‘Availability of Funds and Collection of Checks,’’ 12 CFR part 229). OMB Number: 3133–0103. Type of Review: Reinstatement with change of a previously approved collection. Description: The third party disclosure and recordkeeping requirements in this collection are required by statute and regulation. The regulations prescribe certain aspects of the credit application and notification process, making certain disclosures, uniform methods for computing the costs of credit, disclosing credit terms and cost, resolving errors on certain types of credit accounts, and timing requirements and disclosures relating to the availability of deposited funds. Respondents: Federal credit unions for Regulations B and M. Federal credit unions and any credit union member who chooses to exercise opt-in rights for Regulation E. Federally-insured credit unions for Regulation CC. Estimated No. of Respondents: Regulation B, 3,811 federal credit unions. Regulation E, 2,938 federal credit unions and 24,700,000 credit union members who opt-in. Regulation M, 35 federal credit unions. Regulation CC, 4,957 federally-insured credit unions. Frequency of Response: Annually for most credit unions. Once for credit union members choosing to opt-in. Estimated Burden Hours per Response: Estimated burden hours per response range from 0.01 to 20 depending upon the information collection activity. Estimated Total Annual Burden Hours: Regulation B, 484,351. Regulation E, 2,254,319. Regulation M, 2,625. Regulation CC, 504,610. Reason for Change: The NCUA is consolidating the disclosure and recordkeeping requirement contained under Regulations B, E, M, and CC under a single information collection. Information collection requirements previously cleared under OMB control numbers 3133–0104 and 3133–0105 will be consolidated under 3133–0103. VerDate Sep<11>2014 By Gerard Poliquin, Secretary of the Board, the National Credit Union Administration, on September 7, 2016. Dated: September 7, 2016. Dawn D. Wolfgang, NCUA PRA Clearance Officer. 18:40 Sep 09, 2016 Jkt 238001 BILLING CODE 7535–01–P NATIONAL CREDIT UNION ADMINISTRATION Sunshine Act: Notice of Agency Meeting 10:00 a.m., Thursday, September 15, 2016. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street (All visitors must use Diagonal Road Entrance), Alexandria, VA 22314–3428. STATUS: Open. MATTERS TO BE CONSIDERED: 1. Corporate Stabilization Fund Quarterly Report. 2. Board Briefing, Cyber Security in the Credit Union System. RECESS: 11:00 a.m. TIME AND DATE: 11:15 a.m., Thursday, September 15, 2016. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street, Alexandria, VA 22314–3428. STATUS: Closed. MATTERS TO BE CONSIDERED: 1. Merger Request. Closed pursuant to Exemption (8). FOR FURTHER INFORMATION CONTACT: Gerard Poliquin, Secretary of the Board, Telephone: 703–518–6304. TIME AND DATE: Gerard Poliquin, Secretary of the Board. [FR Doc. 2016–21973 Filed 9–8–16; 4:15 pm] BILLING CODE 7535–01–P NUCLEAR REGULATORY COMMISSION July 21, 2016. This Order will ensure the licensee restores compliance with NRC regulations. The Order was issued on September 1, 2016. DATES: Please refer to Docket ID NRC–2016–0191 when contacting the NRC about the availability of information regarding this document. You may obtain publicly-available information related to this document using any of the following methods: • Federal Rulemaking Web site: Go to http://www.regulations.gov and search for Docket ID NRC–2016–0191. Address questions about NRC dockets to Carol Gallagher; telephone: 301–415–3463; email: Carol.Gallagher@nrc.gov. For technical questions, contact the individuals listed in the FOR FURTHER INFORMATION CONTACT section of this document. • NRC’s Agencywide Documents Access and Management System (ADAMS): You may obtain publiclyavailable documents online in the ADAMS Public Documents collection at http://www.nrc.gov/reading-rm/ adams.html. To begin the search, select ‘‘ADAMS Public Documents’’ and then select ‘‘Begin Web-based ADAMS Search.’’ For problems with ADAMS, please contact the NRC’s Public Document Room (PDR) reference staff at 1–800–397–4209, 301–415–4737, or by email to pdr.resource@nrc.gov. The ADAMS accession number for each document referenced in this document (if that document is available in ADAMS) is provided the first time that a document is referenced. • NRC’s PDR: You may examine and purchase copies of public documents at the NRC’s PDR, Room O1–F21, One White Flint North, 11555 Rockville Pike, Rockville, Maryland 20852. ADDRESSES: FOR FURTHER INFORMATION CONTACT: [EA–16–022; NRC–2016–0191] In the Matter of All Power Reactor Licensees Owned and Operated by First Energy Nuclear Operating Company; and First Energy Corp Nuclear Regulatory Commission. ACTION: Confirmatory order; issuance. AGENCY: Kenneth Lambert, Region III, U.S. Nuclear Regulatory Commission, Lisle, Illinois 60532; telephone: 630–810– 4376, email: Kenneth.Lambert@nrc.gov. SUPPLEMENTARY INFORMATION: Dated at Lisle, Illinois, this 7th day of September, 2016. The U.S. Nuclear Regulatory Commission (NRC) issued a confirmatory order (Order) to First Energy Nuclear Operating Company (the licensee), confirming the agreement reached in an Alternative Dispute Resolution mediation session held on SUMMARY: PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 The text of the Order is attached. E:\FR\FM\12SEN1.SGM 12SEN1

Agencies

[Federal Register Volume 81, Number 176 (Monday, September 12, 2016)]
[Notices]
[Pages 62767-62769]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-21863]


=======================================================================
-----------------------------------------------------------------------

NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Recordkeeping and Disclosure Requirements of Regulations B, E, and M, 
Issued by the Consumer Financial Protection Bureau (CFPB), and 
Regulation CC, Issued by the Board of Governors of the Federal Reserve 
System (FRB); Comment Request

AGENCY: National Credit Union Administration (NCUA).

[[Page 62768]]


ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: NCUA, as part of its continuing effort to reduce paperwork and 
respondent burden, invites the general public and other Federal 
agencies to comment on the submission for reinstatement of a previously 
approved collection, as required by the Paperwork Reduction Act of 
1995. NCUA is soliciting comment on the reinstatement of the 
information collection described below.

DATES: Comments should be received on or before November 14, 2016 to be 
assured consideration.

ADDRESSES: Interested persons are invited to submit written comments on 
the information collection to Dawn Wolfgang, National Credit Union 
Administration, 1775 Duke Street, Alexandria, Virginia 22314, Suite 
5067; Fax No. 703-519-8579; or Email at PRAComments@ncua.gov.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to the address above.

SUPPLEMENTARY INFORMATION:

I. Abstract and Request for Comments

    This information collection request provides for the application of 
three CFPB rules and one FRB rule. NCUA has enforcement responsibility 
for these rules for federal credit unions. These rules are:
     Regulation B (``Equal Credit Opportunity Act,'' 12 CFR 
part 1002);
     Regulation E (``Electronic Fund Transfers,'' 12 CFR part 
1005);
     Regulation M (``Consumer Leasing,'' 12 CFR part 1013); and
     Regulation CC (``Availability of Funds and Collection of 
Checks,'' 12 CFR part 229).

Regulation B--12 CFR Part 1002--Equal Credit Opportunity Act (ECOA) (15 
U.S.C. 1691)

    The ECOA was enacted in 1974 and is implemented by Regulation B. 
ECOA and Regulation B prohibit lenders from discriminating in any 
aspect of a credit transaction on the basis of the applicant's sex, 
marital status, race, color, religion, national origin, or age. It also 
prohibits discrimination because an applicant's income is derived from 
a public assistance program, or because the applicant has in good faith 
exercised any right under the Consumer Credit Protection Act (Pub.L. 
90-321, 82 Stat.146).
    The regulation establishes guidelines for gathering and evaluating 
information about personal characteristics in applications for certain 
dwelling-related loans, requires lenders to provide applicants with 
certain information including copies of appraisal reports in connection 
with credit transactions, and requires written notification of action 
taken on a credit application. The regulation contains rules relating 
to the use of co-signers. The regulation also requires spousal 
information to be reported to consumer reporting agencies to reflect 
participation of both spouses.

Regulation E--12 CFR Part 1005--Electronic Fund Transfers (Electronic 
Fund Transfer Act, 15 U.S.C. 1693 et seq.)

    The Electronic Fund Transfer Act (EFTA) was enacted in 1978 and is 
implemented by Regulation E. The EFTA and Regulation E establish the 
rights, liabilities, and responsibilities of parties in electronic fund 
transfer (EFT) services and offer protections to consumers when they 
use such systems. The disclosures required by this regulation are 
designed to ensure consumer receive adequate disclosure of basic terms, 
costs, and rights relating to EFT services provided to them so that 
they can make informed decisions. Credit unions offering EFT services 
must disclose certain information to consumers including the following: 
Initial and updated EFT terms, transaction information, the consumer's 
potential liability for unauthorized transfers, and error resolution 
rights and procedures. The regulation also covers change-in-terms 
notices if the change would result in increased liability for the 
consumer, increased fees, fewer types of available EFTs, or stricter 
limitations on the frequency or dollar amounts of transfers; 
disclosures related to loyalty, award, or promotional gift cards; and 
requirements for gift card and gift certificate exclusions, prohibition 
on sale of gift certificates or cards with expiration dates, and other 
certificate and card disclosures. Subpart B of the regulation covers 
activities of remittance transfer providers.

Regulation M--12 CFR Part 1013--Consumer Leasing (Consumer Leasing Act, 
15 U.S.C. 1667-1667f)

    The Consumer Leasing Act (CLA) was enacted in 1976 as an amendment 
to the Truth in Lending Act (TILA). The CLA and Regulation M are 
intended to provide consumers with meaningful disclosures about the 
costs and terms of leases for personal property. The disclosures enable 
consumers to compare the terms for a particular lease with those for 
other leases and, when appropriate, to compare lease terms with those 
for credit transactions. The CLA and Regulation M also contain rules 
about advertising consumer leases and limit the size of balloon 
payments in consumer lease transactions. The CLA and regulation M 
requires lessors to disclose to consumers uniformly the costs, 
liabilities, and terms of consumer lease transactions. Disclosures are 
provided to consumers before they enter into lease transactions and in 
advertisements that state the availability of consumer leases on 
particular terms. The regulation generally applies to consumer leases 
of personal property in which the contractual obligation does not 
exceed $54,600 \1\ and has a term of more than four months.
---------------------------------------------------------------------------

    \1\ The threshold amount is adjusted annually to reflect 
increase in the Consumer Price Index for Urban Wage Earners and 
Clerical Workers (Sec.  1013.1(e)(1)).
---------------------------------------------------------------------------

Regulation CC--12 CFR Part 229--Availability of Funds and Collection of 
Checks (Expedited Funds Availability Act, 12 U.S.C. 4001-4010 and the 
Check Clearing for the 21st Century Act, 12 U.S.C. 5001-5018)

    This regulation establishes timeframes to govern the availability 
of funds deposited in checking accounts, rules to govern the collection 
and return of checks, and general provisions to govern the use of 
substitute checks. The regulation has consumer protection disclosure 
requirements and requires credit unions to make funds deposited in 
transaction accounts available within specified time periods, disclose 
their availability policies to customers, and begin accruing interest 
on such deposit promptly. The disclosures are intended to alert 
customers that their ability to used deposited funds may be delayed, 
prevent unintentional (and costly) overdrafts, and allow customers to 
compare the policies of different institutions before deciding at which 
institution to deposit funds. The regulation also requires notice to 
the depositary bank and to a customer of nonpayment of a check.
    Comments submitted in response to this notice will be summarized 
and included in the request for Office of Management and Budget 
approval. All comments will become a matter of public record. The 
public is invited to submit comments concerning: (a) Whether the 
collection of information is necessary for the proper performance of 
the function of the agency, including whether the information will have 
practical utility; (b) the accuracy of the agency's estimate of the 
burden of the collection of information, including the validity of the 
methodology and assumptions used; (c) ways to enhance the quality, 
utility, and clarity of the information to be collected; and (d)

[[Page 62769]]

ways to minimize the burden of the collection of the information on the 
respondents, including the use of automated collection techniques or 
other forms of information technology.

II. Data

    Title: Regulation B (``Equal Credit Opportunity Act,'' 12 CFR part 
1002); Regulation E (``Electronic Fund Transfers,'' 12 CFR part 1005); 
Regulation M (``Consumer Leasing,'' 12 CFR part 1013); and Regulation 
CC (``Availability of Funds and Collection of Checks,'' 12 CFR part 
229).
    OMB Number: 3133-0103.
    Type of Review: Reinstatement with change of a previously approved 
collection.
    Description: The third party disclosure and recordkeeping 
requirements in this collection are required by statute and regulation. 
The regulations prescribe certain aspects of the credit application and 
notification process, making certain disclosures, uniform methods for 
computing the costs of credit, disclosing credit terms and cost, 
resolving errors on certain types of credit accounts, and timing 
requirements and disclosures relating to the availability of deposited 
funds.
    Respondents: Federal credit unions for Regulations B and M. Federal 
credit unions and any credit union member who chooses to exercise opt-
in rights for Regulation E. Federally-insured credit unions for 
Regulation CC.
    Estimated No. of Respondents: Regulation B, 3,811 federal credit 
unions. Regulation E, 2,938 federal credit unions and 24,700,000 credit 
union members who opt-in. Regulation M, 35 federal credit unions. 
Regulation CC, 4,957 federally-insured credit unions.
    Frequency of Response: Annually for most credit unions. Once for 
credit union members choosing to opt-in.
    Estimated Burden Hours per Response: Estimated burden hours per 
response range from 0.01 to 20 depending upon the information 
collection activity.
    Estimated Total Annual Burden Hours: Regulation B, 484,351. 
Regulation E, 2,254,319. Regulation M, 2,625. Regulation CC, 504,610.
    Reason for Change: The NCUA is consolidating the disclosure and 
recordkeeping requirement contained under Regulations B, E, M, and CC 
under a single information collection. Information collection 
requirements previously cleared under OMB control numbers 3133-0104 and 
3133-0105 will be consolidated under 3133-0103.

    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on September 7, 2016.
    Dated: September 7, 2016.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2016-21863 Filed 9-9-16; 8:45 am]
 BILLING CODE 7535-01-P