Proposed Collection; Comment Request, 41070-41071 [2018-17746]

Agencies

• DEPARTMENT OF DEFENSE
• Office of the Secretary

[Federal Register Volume 83, Number 160 (Friday, August 17, 2018)]
[Notices]
[Pages 41070-41071]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-17746]


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DEPARTMENT OF DEFENSE

Office of the Secretary

[Docket ID: DOD-2018-OS-0052]


Proposed Collection; Comment Request

AGENCY: Office of the Under Secretary of Defense for Personnel and 
Readiness, DoD.

ACTION: Information collection notice.

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SUMMARY: In compliance with the Paperwork Reduction Act of 1995, the 
Office of the Undersecretary of Defense for Personnel and Readiness 
announces a proposed public information collection and seeks public 
comment on the provisions thereof. Comments are invited on: Whether the 
proposed collection of information is necessary for the proper 
performance of the functions of the agency, including whether the 
information shall have practical utility; the accuracy of the agency's 
estimate of the burden of the proposed information collection; ways to 
enhance the quality, utility, and clarity of the information to be 
collected; and ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology.

DATES: Consideration will be given to all comments received by October 
16, 2018.

ADDRESSES: You may submit comments, identified by docket number and 
title, by any of the following methods:
    Federal eRulemaking Portal: https://www.regulations.gov. Follow the 
instructions for submitting comments.
    Mail: Department of Defense, Office of the Chief Management 
Officer, Directorate for Oversight and Compliance, 4800 Mark Center 
Drive, Mailbox #24 Suite 08D09, Alexandria, VA 22350-1700.
    Instructions: All submissions received must include the agency 
name, docket number and title for this Federal Register document. The 
general policy for comments and other submissions from members of the 
public is to make these submissions available for public viewing on the 
internet at https://www.regulations.gov as they are received without 
change, including any personal identifiers or contact information.

FOR FURTHER INFORMATION CONTACT: To request more information on this 
proposed information collection or to obtain a copy of the proposal and 
associated collection instruments, please write to Office of the Under 
Secretary of Defense (Personnel and Readiness) (FE&T), Office of 
Financial Readiness, ATTN: Mr. Andrew Cohen, 4000 Defense Pentagon, 
Washington, DC 20301-4000, or telephone Mr. Cohen at (703) 692-5286.

SUPPLEMENTARY INFORMATION: 
    Title; Associated Form; and OMB Number: Mandatory Disclosures as 
Part of Limitations on Terms of Consumer Credit Extended to Service 
Members and Dependents; OMB Control Number 0704-0444.
    Needs and Uses: With respect to any extension of consumer credit to 
a covered borrower, a creditor is required to provide to the borrower a 
statement of Military Annual Percentage Rate (MAPR). The required 
information would be included in standard account agreements. 
Additionally, a creditor may, at its discretion, identify the status of 
a consumer-applicant, as permitted under 32 CFR,[thinsp]232.5(b) of the 
Final Rule and, in the event that the information indicates that 
consumer-applicant is not a covered borrower, take advantage of a safe 
harbor from liability under 10 U.S.C. 987 by retaining a record of the 
information so obtained. This includes Military Annual Percentage Rate 
(MAPR) applicable to the extension of consumer credit, and the total 
dollar amount of all charges included in the MAPR.
    Affected Public: Business or other for-profit.
    Annual Burden Hours: 2,000,000.
    Number of Respondents: 37,500.
    Responses per Respondent: Varies by type of respondent.
    Annual Responses: 238,000,000.
    Average Burden per Response: 30 seconds.
    Frequency: As required.
    Respondents are creditors extending consumer credit as defined in 
the Final

[[Page 41071]]

Rule (32 CFR, 232.3(f)) to covered borrowers (32 CFR, 232.3(g)) 
property. Each response is a statutory requirement that obligates 
creditors to provide a clear description of the payment obligation of 
the covered member or dependent, as applicable. A payment schedule may 
satisfy this requirement.
    The creditor shall provide the disclosures in writing in a form the 
covered borrower can keep. The creditor also shall provide the required 
disclosures orally. In mail and internet transactions, the creditor 
satisfies this requirement by providing a toll-free telephone number on 
or with the written disclosures that consumers may use to obtain oral 
disclosures. One disclosure for each transaction involving consumer 
credit; one covered-borrower check for each transaction involving 
consumer credit.

    Dated: August 14, 2018.
Shelly E. Finke,
Alternate OSD Federal Register Liaison Officer, Department of Defense.
[FR Doc. 2018-17746 Filed 8-16-18; 8:45 am]
 BILLING CODE 5001-06-P