Agency Information Collection Activities; Proposed Collection; Comment Request; Extension, 10074-10076 [2019-05082]
Download as PDF
10074
Federal Register / Vol. 84, No. 53 / Tuesday, March 19, 2019 / Notices
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.
Because your comment will be placed
on the publicly accessible FTC website
at www.regulations.gov, you are solely
responsible for making sure that your
comment does not include any sensitive
or confidential information. In
particular, your comment should not
include any sensitive personal
information, such as your or anyone
else’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, such as medical
records or other individually
identifiable health information. In
addition, your comment should not
include any ‘‘trade secret or any
commercial or financial information
which . . . . is privileged or
confidential’’—as provided by Section
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)—
including in particular competitively
sensitive information such as costs,
sales statistics, inventories, formulas,
patterns, devices, manufacturing
processes, or customer names.
Comments containing material for
which confidential treatment is
requested must be filed in paper form,
must be clearly labeled ‘‘Confidential,’’
and must comply with FTC Rule 4.9(c).
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). Your
comment will be kept confidential only
if the General Counsel grants your
request in accordance with the law and
the public interest. Once your comment
has been posted publicly at
www.regulations.gov, we cannot redact
or remove your comment unless you
submit a confidentiality request that
meets the requirements for such
treatment under FTC Rule 4.9(c), and
the General Counsel grants that request.
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
VerDate Sep<11>2014
17:54 Mar 18, 2019
Jkt 247001
public comments that it receives on or
before May 20, 2019. You can find more
information, including routine uses
permitted by the Privacy Act, in the
Commission’s privacy policy, at https://
www.ftc.gov/site-information/privacypolicy.
Heather Hippsley,
Deputy General Counsel.
[FR Doc. 2019–05081 Filed 3–18–19; 8:45 am]
BILLING CODE 6750–01–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 regulation
‘‘Duties of Furnishers of Information to
Consumer Reporting Agencies’’
(‘‘Information Furnishers Rule’’), which
applies to certain motor vehicle dealers,
and its shared enforcement with the
Bureau of Consumer Financial
Protection (‘‘BCFP’’) of the furnisher
provisions (subpart E) of the BCFP’s
Regulation V regarding other entities.
That clearance expires on June 30, 2019.
DATES: Comments must be filed by May
20, 2019.
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 ‘‘Information Furnishers
Rule, PRA Comment, P135407,’’ on your
comment and file your comment online
at https://www.regulations.gov/, by
following the instructions on the webbased 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:
Tiffany George (202–326–3040),
Attorney, Division of Privacy and
Identity Protection, Bureau of Consumer
SUMMARY:
PO 00000
Frm 00055
Fmt 4703
Sfmt 4703
Protection, 600 Pennsylvania Ave. NW,
CC–8232, Washington, DC 20580.
SUPPLEMENTARY INFORMATION: Under the
Dodd-Frank Act,1 most of the FTC’s
rulemaking authority for the furnisher
provisions of the Fair Credit Reporting
Act (‘‘FCRA’’) 2 transferred to the BCFP.
The FTC, however, retained its
furnishers rulemaking authority for
motor vehicle dealers that are
predominantly engaged in the sale and
servicing of motor vehicles, the leasing
and servicing of motor vehicles, or
both.3 In addition, the FTC retained its
authority to enforce the furnisher
provisions of the FCRA and rules issued
under those provisions. Thus, the FTC
and BCFP have overlapping
enforcement authority for many entities
subject to BCFP’s Regulation V (subpart
E) and the FTC has sole enforcement
authority for the motor vehicle dealers
subject to the FTC rule.
Under section 660.3 of the FTC’s
Information Furnishers Rule 4 and
section 1022.42 of the BCFP Rule,5
furnishers must establish and
implement reasonable written policies
and procedures regarding the accuracy
and integrity of the information relating
to consumers that they furnish to a
consumer reporting agency (‘‘CRA’’) for
inclusion in a consumer report.6 Section
660.4 of the FTC Rule and section
1022.43 of the BCFP Rule require that
entities which furnish information
about consumers to a CRA respond to
direct disputes from consumers. These
provisions also require that a furnisher
notify consumers by mail or other
means (if authorized by the consumer)
within five business days after making
a determination that a dispute is
frivolous or irrelevant (‘‘F/I dispute’’).
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.
1 Public
Law 111–203, 124 Stat. 1376 (2010).
U.S.C. 1681 et seq.
3 See Dodd-Frank Act, § 1029(a), (c).
4 16 CFR part 660.
5 12 CFR part 1022.
6 The rule also provides that an entity is not a
furnisher when it: Provides information to a CRA
solely to obtain a consumer report for a permissible
purpose under the FCRA; is acting as a CRA as
defined in section 603(f) of the FCRA; is an
individual consumer to whom the furnished
information pertains; or is a neighbor, friend, or
associate of the consumer, or another individual
with whom the consumer is acquainted or who may
have knowledge about the consumer’s character,
general reputation, personal characteristics, or
mode of living in response to a specific request
from a CRA.
2 15
E:\FR\FM\19MRN1.SGM
19MRN1
Federal Register / Vol. 84, No. 53 / Tuesday, March 19, 2019 / Notices
Section 660.3 of FTC Rule/Section
1022.42 of BCFP Rule
3502(3); 5 CFR 1320.3(c). The FTC is
seeking renewed clearance for its
assumed share of the estimated PRA
burden regarding the information
furnisher requirements under the FTC
and BCFP Rules.
A. Burden Hours
Burden Statement
The FTC last submitted to OMB and
received approval for its burden
estimates for these furnisher rules on
May 10, 2016. The discussion below
updates and refines that analytical
framework for purposes of renewing this
PRA clearance.
The FTC’s currently cleared burden
totals are 10,607 hours with $488,148 in
associated labor costs.7 The newly
revised estimates are 17,055 hours with
$878,307 in associated labor costs. The
estimated number of furnishers affected
by the rules has increased from 3,986 to
7,210.8 The estimated number of hours
needed to comply remains unchanged.
The labor cost estimates have been
revised based on updated data.
Estimated capital/non-labor costs
remain $0 because the affected entities
are already likely to have the necessary
supplies and/or equipment (e.g., offices
and computers) for the information
collections within the Rule. The details
that follow calculate the FTC’s revised
burden hours estimates and updated
labor cost estimates.
7 OMB
Control No. 3084–0144.
BCFP estimates that there are 16,000
furnishers, excluding motor vehicle dealers that are
subject to the FTC’s jurisdiction, with an allocation
to that agency of 63% of the burden or 10,080
respondents. See BCFP Supporting Statement Part
A, Fair Credit Reporting Act (Regulation V) 12 CFR
1022 (OMB Control Number: 3170–0002) (https://
www.reginfo.gov/public/do/
PRAViewDocument?ref_nbr=201707-3170-002).
Allocating the remaining 37% of the burden to the
FTC yields 5,920 respondents, excluding motor
vehicle dealers that are subject to the FTC’s
jurisdiction. Based on figures obtained from the
North American Industry Classification System
(NAICS) Association’s database of U.S. businesses,
the FTC estimates that there are approximately
129,000 motor vehicle dealers determined as
follows: 88,695 car dealers per NAICS data (53,549
new car dealers, 35,146 used car dealers) in
addition to 4,023 Recreational Vehicle Dealers;
9,248 boat dealers; and 26,706 motorcycle, ATV/All
Other Motor Vehicle Dealers. See https://
www.naics.com/six-digit-naics/?code=44-45. It is
difficult to determine precisely the number of motor
vehicle dealers that are subject to the FTC’s
jurisdiction and that are furnishers. Given the
restrictions in section 1029(a) of the Dodd-Frank
Act that motor vehicle dealers subject to the FTC’s
jurisdiction are those that routinely assign
consumer contracts governing retail credit to an
unaffiliated third party finance source, Commission
staff believes the number is de minimis.
Accordingly, the FTC estimates that 1% of motor
vehicle dealers subject to the FTC’s jurisdiction are
furnishers of information to CRAs or 1,290
respondents. Thus, 1,290 motor vehicle dealers +
5,920 other entities = 7,210 respondents for the
FTC’s burden calculations.
8 The
VerDate Sep<11>2014
17:54 Mar 18, 2019
Jkt 247001
Yearly recurring burden of 2 hours for
training 9 to help ensure continued
compliance regarding written policies
and procedures for the accuracy and
integrity of the information furnished to
a CRA about consumers.
7,210 respondents × 2 hours for training
= 14,420 hours
B. Labor Costs
Labor costs are derived by applying
appropriate estimated hourly cost
figures to the burden hours described
above. The FTC assumes that
respondents will use managerial and/or
professional technical personnel to train
company employees in order to foster
continued compliance with the
information furnisher requirements
under the FTC and BCFP Rules.
14,420 hours × $56.58 10 = $815,884
Section 660.4 of FTC Rule/Section
1022.43 of BCFP Rule
A. Burden Hours
No recurring burden hours other than
that necessary to prepare and distribute
F/I notices (estimate: 14 minutes per
notice 11).
1. 21,720 total F/I disputes 12
2. Motor vehicle dealer only furnisher
disputes is assumed to be 4% of the
total: 21,720 × .04 = 869 F/I
disputes 13
9 74 FR 31484, 31505 (July 1, 2009 FTC and
Federal financial agencies final rules).
10 https://www.bls.gov/news.release/
ocwage.nr0.htm: ‘‘Occupational Employment and
Wages—May 2017,’’ Bureau of Labor Statistics, U.S.
Department of Labor, released March 30, 2018,
Table 1 (‘‘National employment and wage data from
the Occupational Employment Statistics survey by
occupation, May 2017) (hereinafter, ‘‘BLS Table 1’’).
See mean hourly wage for ‘‘Training and
Development Managers.’’
11 74 FR at 31505.
12 Id. at 31506 n.58.
13 FTC staff believes that 4% is a reasonable
estimate based on recent data. See ‘‘Key Dimensions
and Processes in the U.S. Credit Reporting System:
A review of how the nation’s largest credit bureaus
handle consumer data,’’ December 2012, pp. 14, 29,
31, 34. The BCFP report noted that almost 40% of
all consumer disputes at the nationwide CRAs, on
average, can be linked to collections. It stated that
collection trade lines generate significantly higher
numbers of consumer disputes than other types of
trade lines—specifically, four times higher than
auto-related dispute rates. These figures seem to
suggest that almost 10% of all consumer disputes
at the nationwide CRAs, on average, can be linked
to auto-related disputes. When the FTC issued its
final Rule, FTC staff estimated that 40% of direct
disputes would result in the sending of F/I dispute
notices. See 74 FR 31506 n.58. The FTC’s estimate
of 4% is based on taking forty percent of the 10%
of all consumer disputes at the nationwide CRAs,
on average, linked to auto loans.
PO 00000
Frm 00056
Fmt 4703
Sfmt 4703
10075
3. 20,851 respondents (21,720¥869 FTC
only) ÷ by 2 = 10,425 F/I disputes
for the FTC co-jurisdiction
4. 869 FTC only F/I disputes + 10,425
additional F/I disputes = 11,294 F/
I dispute notices for the FTC’s
jurisdiction
5. 11,294 F/I disputes × 14 minutes each
= 2,635 hours
B. Labor Costs
Labor costs are derived by applying
appropriate estimated hourly cost
figures to the burden hours described
above. The FTC assumes that
respondents will use skilled
administrative support personnel to
provide the required F/I dispute notices
to consumers.
2,635 hours × $23.69 14 = $62,423
Thus, total estimated burden under
the above-noted regulatory sections is
17,055 hours and $878,307 labor costs.
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) how to
improve the quality, utility, and clarity
of the disclosure requirements; and (4)
how to minimize the burden of
providing the required information to
consumers.
You can file a comment online or on
paper. For the FTC to consider your
comment, we must receive it on or
before May 20, 2019. Write ‘‘Information
Furnishers Rule, PRA Comment,
P135407’’ on your comment. 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, or to
send them to the Commission by courier
or overnight service. To make sure that
the Commission considers your online
comment, you must file it through the
https://www.regulations.gov website by
following the instructions on the webbased form provided. Your comment—
including your name and your state—
will be placed on the public record of
this proceeding, including the https://
www.regulations.gov website. As a
matter of discretion, the Commission
tries to remove individuals’ home
14 The revised figure is an average of Bureau of
Labor Statistics mean hourly wages for potentially
analogous employee types: First-line supervisors of
office and administrative support workers ($28.14);
bookkeeping, accounting, and auditing clerks
($19.76); brokerage clerks ($25.41); eligibility
interviewers, government programs ($21.45). See
BLS Table 1. This averages to $23.69 per hour,
rounded.
E:\FR\FM\19MRN1.SGM
19MRN1
10076
Federal Register / Vol. 84, No. 53 / Tuesday, March 19, 2019 / Notices
contact information from comments
before placing them on the
regulations.gov site.
If you file your comment on paper,
write ‘‘Paperwork Comment: FTC File
No. P135407’’ 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.
Because your comment will be placed
on the publicly accessible website at
www.regulations.gov, you are solely
responsible for making sure that your
comment does not include any sensitive
or confidential information. In
particular, your comment should not
include any sensitive personal
information, such as your or anyone
else’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, such as medical
records or other individually
identifiable health information. In
addition, your comment should not
include any ‘‘trade secret or any
commercial or financial information
which . . . is privileged or
confidential’’—as provided by Section
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)—
including in particular competitively
sensitive information such as costs,
sales statistics, inventories, formulas,
patterns, devices, manufacturing
processes, or customer names.
Comments containing material for
which confidential treatment is
requested must be filed in paper form,
must be clearly labeled ‘‘Confidential,’’
and must comply with FTC Rule 4.9(c).
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). Your
comment will be kept confidential only
if the General Counsel grants your
request in accordance with the law and
the public interest. Once your comment
has been posted publicly at
VerDate Sep<11>2014
17:54 Mar 18, 2019
Jkt 247001
www.regulations.gov, we cannot redact
or remove your comment unless you
submit a confidentiality request that
meets the requirements for such
treatment under FTC Rule 4.9(c), and
the General Counsel grants that request.
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 May 20, 2019. For information on
the Commission’s privacy policy,
including routine uses permitted by the
Privacy Act, see https://www.ftc.gov/
site-information/privacy-policy.
Heather Hippsley,
Deputy General Counsel.
[FR Doc. 2019–05082 Filed 3–18–19; 8:45 am]
BILLING CODE 6750–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Agency for Healthcare Research and
Quality
Supplemental Evidence and Data
Request on Nonopioid Pharmacologic
Treatments for Chronic Pain
Agency for Healthcare Research
and Quality (AHRQ), HHS.
ACTION: Request for supplemental
evidence and data submissions.
AGENCY:
The Agency for Healthcare
Research and Quality (AHRQ) is seeking
scientific information submissions from
the public. Scientific information is
being solicited to inform our review on
Nonopioid Pharmacologic Treatments
for Chronic Pain, which is currently
being conducted by the AHRQ’s
Evidence-based Practice Centers (EPC)
Program. Access to published and
unpublished pertinent scientific
information will improve the quality of
this review.
DATES: Submission Deadline on or
before April 18, 2019.
ADDRESSES:
Email submissions: epc@
ahrq.hhs.gov.
Print submissions:
Mailing Address: Center for Evidence
and Practice Improvement, Agency for
Healthcare Research and Quality,
ATTN: EPC SEADs Coordinator, 5600
Fishers Lane, Mail Stop 06E53A,
Rockville, MD 20857.
Shipping Address (FedEx, UPS, etc.):
Center for Evidence and Practice
Improvement, Agency for Healthcare
Research and Quality, ATTN: EPC
SUMMARY:
PO 00000
Frm 00057
Fmt 4703
Sfmt 4703
SEADs Coordinator, 5600 Fishers Lane,
Mail Stop 06E77D, Rockville, MD
20857.
FOR FURTHER INFORMATION CONTACT:
Jenae Benns, Telephone: 301–427–1496
or Email: epc@ahrq.hhs.gov.
SUPPLEMENTARY INFORMATION: The
Agency for Healthcare Research and
Quality has commissioned the
Evidence-based Practice Centers (EPC)
Program to complete a review of the
evidence for Nonopioid Pharmacologic
Treatments for Chronic Pain. AHRQ is
conducting this systematic review
pursuant to Section 902(a) of the Public
Health Service Act, 42 U.S.C. 299a(a).
The EPC Program is dedicated to
identifying as many studies as possible
that are relevant to the questions for
each of its reviews. In order to do so, we
are supplementing the usual manual
and electronic database searches of the
literature by requesting information
from the public (e.g., details of studies
conducted). We are looking for studies
that report on Nonopioid Pharmacologic
Treatments for Chronic Pain, including
those that describe adverse events. The
entire research protocol is available
online at: https://
effectivehealthcare.ahrq.gov/topics/
nonopioid-chronic-pain/protocol.
This is to notify the public that the
EPC Program would find the following
information on Nonopioid
Pharmacologic Treatments for Chronic
Pain helpful:
D A list of completed studies that
your organization has sponsored for this
indication. In the list, please indicate
whether results are available on
ClinicalTrials.gov along with the
ClinicalTrials.gov trial number.
D For completed studies that do not
have results on ClinicalTrials.gov,
please provide a summary, including
the following elements: Study number,
study period, design, methodology,
indication and diagnosis, proper use
instructions, inclusion and exclusion
criteria, primary and secondary
outcomes, baseline characteristics,
number of patients screened/eligible/
enrolled/lost to follow-up/withdrawn/
analyzed, effectiveness/efficacy, and
safety results.
D A list of ongoing studies that your
organization has sponsored for this
indication. In the list, please provide the
ClinicalTrials.gov trial number or, if the
trial is not registered, the protocol for
the study including a study number, the
study period, design, methodology,
indication and diagnosis, proper use
instructions, inclusion and exclusion
criteria, and primary and secondary
outcomes.
E:\FR\FM\19MRN1.SGM
19MRN1
Agencies
[Federal Register Volume 84, Number 53 (Tuesday, March 19, 2019)]
[Notices]
[Pages 10074-10076]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05082]
-----------------------------------------------------------------------
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 regulation ``Duties of
Furnishers of Information to Consumer Reporting Agencies''
(``Information Furnishers Rule''), which applies to certain motor
vehicle dealers, and its shared enforcement with the Bureau of Consumer
Financial Protection (``BCFP'') of the furnisher provisions (subpart E)
of the BCFP's Regulation V regarding other entities. That clearance
expires on June 30, 2019.
DATES: Comments must be filed by May 20, 2019.
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 ``Information Furnishers
Rule, PRA Comment, P135407,'' on your comment and file your comment
online at https://www.regulations.gov/, 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: Tiffany George (202-326-3040),
Attorney, Division of Privacy and Identity Protection, Bureau of
Consumer Protection, 600 Pennsylvania Ave. NW, CC-8232, Washington, DC
20580.
SUPPLEMENTARY INFORMATION: Under the Dodd-Frank Act,\1\ most of the
FTC's rulemaking authority for the furnisher provisions of the Fair
Credit Reporting Act (``FCRA'') \2\ transferred to the BCFP. The FTC,
however, retained its furnishers rulemaking authority for motor vehicle
dealers that are predominantly engaged in the sale and servicing of
motor vehicles, the leasing and servicing of motor vehicles, or
both.\3\ In addition, the FTC retained its authority to enforce the
furnisher provisions of the FCRA and rules issued under those
provisions. Thus, the FTC and BCFP have overlapping enforcement
authority for many entities subject to BCFP's Regulation V (subpart E)
and the FTC has sole enforcement authority for the motor vehicle
dealers subject to the FTC rule.
---------------------------------------------------------------------------
\1\ Public Law 111-203, 124 Stat. 1376 (2010).
\2\ 15 U.S.C. 1681 et seq.
\3\ See Dodd-Frank Act, Sec. 1029(a), (c).
---------------------------------------------------------------------------
Under section 660.3 of the FTC's Information Furnishers Rule \4\
and section 1022.42 of the BCFP Rule,\5\ furnishers must establish and
implement reasonable written policies and procedures regarding the
accuracy and integrity of the information relating to consumers that
they furnish to a consumer reporting agency (``CRA'') for inclusion in
a consumer report.\6\ Section 660.4 of the FTC Rule and section 1022.43
of the BCFP Rule require that entities which furnish information about
consumers to a CRA respond to direct disputes from consumers. These
provisions also require that a furnisher notify consumers by mail or
other means (if authorized by the consumer) within five business days
after making a determination that a dispute is frivolous or irrelevant
(``F/I dispute'').
---------------------------------------------------------------------------
\4\ 16 CFR part 660.
\5\ 12 CFR part 1022.
\6\ The rule also provides that an entity is not a furnisher
when it: Provides information to a CRA solely to obtain a consumer
report for a permissible purpose under the FCRA; is acting as a CRA
as defined in section 603(f) of the FCRA; is an individual consumer
to whom the furnished information pertains; or is a neighbor,
friend, or associate of the consumer, or another individual with
whom the consumer is acquainted or who may have knowledge about the
consumer's character, general reputation, personal characteristics,
or mode of living in response to a specific request from a CRA.
---------------------------------------------------------------------------
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.
[[Page 10075]]
3502(3); 5 CFR 1320.3(c). The FTC is seeking renewed clearance for its
assumed share of the estimated PRA burden regarding the information
furnisher requirements under the FTC and BCFP Rules.
Burden Statement
The FTC last submitted to OMB and received approval for its burden
estimates for these furnisher rules on May 10, 2016. The discussion
below updates and refines that analytical framework for purposes of
renewing this PRA clearance.
The FTC's currently cleared burden totals are 10,607 hours with
$488,148 in associated labor costs.\7\ The newly revised estimates are
17,055 hours with $878,307 in associated labor costs. The estimated
number of furnishers affected by the rules has increased from 3,986 to
7,210.\8\ The estimated number of hours needed to comply remains
unchanged. The labor cost estimates have been revised based on updated
data. Estimated capital/non-labor costs remain $0 because the affected
entities are already likely to have the necessary supplies and/or
equipment (e.g., offices and computers) for the information collections
within the Rule. The details that follow calculate the FTC's revised
burden hours estimates and updated labor cost estimates.
---------------------------------------------------------------------------
\7\ OMB Control No. 3084-0144.
\8\ The BCFP estimates that there are 16,000 furnishers,
excluding motor vehicle dealers that are subject to the FTC's
jurisdiction, with an allocation to that agency of 63% of the burden
or 10,080 respondents. See BCFP Supporting Statement Part A, Fair
Credit Reporting Act (Regulation V) 12 CFR 1022 (OMB Control Number:
3170-0002) (https://www.reginfo.gov/public/do/PRAViewDocument?ref_nbr=201707-3170-002). Allocating the remaining
37% of the burden to the FTC yields 5,920 respondents, excluding
motor vehicle dealers that are subject to the FTC's jurisdiction.
Based on figures obtained from the North American Industry
Classification System (NAICS) Association's database of U.S.
businesses, the FTC estimates that there are approximately 129,000
motor vehicle dealers determined as follows: 88,695 car dealers per
NAICS data (53,549 new car dealers, 35,146 used car dealers) in
addition to 4,023 Recreational Vehicle Dealers; 9,248 boat dealers;
and 26,706 motorcycle, ATV/All Other Motor Vehicle Dealers. See
https://www.naics.com/six-digit-naics/?code=44-45. It is difficult
to determine precisely the number of motor vehicle dealers that are
subject to the FTC's jurisdiction and that are furnishers. Given the
restrictions in section 1029(a) of the Dodd-Frank Act that motor
vehicle dealers subject to the FTC's jurisdiction are those that
routinely assign consumer contracts governing retail credit to an
unaffiliated third party finance source, Commission staff believes
the number is de minimis. Accordingly, the FTC estimates that 1% of
motor vehicle dealers subject to the FTC's jurisdiction are
furnishers of information to CRAs or 1,290 respondents. Thus, 1,290
motor vehicle dealers + 5,920 other entities = 7,210 respondents for
the FTC's burden calculations.
---------------------------------------------------------------------------
Section 660.3 of FTC Rule/Section 1022.42 of BCFP Rule
A. Burden Hours
Yearly recurring burden of 2 hours for training \9\ to help ensure
continued compliance regarding written policies and procedures for the
accuracy and integrity of the information furnished to a CRA about
consumers.
7,210 respondents x 2 hours for training = 14,420 hours
---------------------------------------------------------------------------
\9\ 74 FR 31484, 31505 (July 1, 2009 FTC and Federal financial
agencies final rules).
---------------------------------------------------------------------------
B. Labor Costs
Labor costs are derived by applying appropriate estimated hourly
cost figures to the burden hours described above. The FTC assumes that
respondents will use managerial and/or professional technical personnel
to train company employees in order to foster continued compliance with
the information furnisher requirements under the FTC and BCFP Rules.
14,420 hours x $56.58 \10\ = $815,884
---------------------------------------------------------------------------
\10\ https://www.bls.gov/news.release/ocwage.nr0.htm:
``Occupational Employment and Wages--May 2017,'' Bureau of Labor
Statistics, U.S. Department of Labor, released March 30, 2018, Table
1 (``National employment and wage data from the Occupational
Employment Statistics survey by occupation, May 2017) (hereinafter,
``BLS Table 1''). See mean hourly wage for ``Training and
Development Managers.''
---------------------------------------------------------------------------
Section 660.4 of FTC Rule/Section 1022.43 of BCFP Rule
A. Burden Hours
No recurring burden hours other than that necessary to prepare and
distribute F/I notices (estimate: 14 minutes per notice \11\).
1. 21,720 total F/I disputes \12\
---------------------------------------------------------------------------
\11\ 74 FR at 31505.
\12\ Id. at 31506 n.58.
---------------------------------------------------------------------------
2. Motor vehicle dealer only furnisher disputes is assumed to be 4% of
the total: 21,720 x .04 = 869 F/I disputes \13\
---------------------------------------------------------------------------
\13\ FTC staff believes that 4% is a reasonable estimate based
on recent data. See ``Key Dimensions and Processes in the U.S.
Credit Reporting System: A review of how the nation's largest credit
bureaus handle consumer data,'' December 2012, pp. 14, 29, 31, 34.
The BCFP report noted that almost 40% of all consumer disputes at
the nationwide CRAs, on average, can be linked to collections. It
stated that collection trade lines generate significantly higher
numbers of consumer disputes than other types of trade lines--
specifically, four times higher than auto-related dispute rates.
These figures seem to suggest that almost 10% of all consumer
disputes at the nationwide CRAs, on average, can be linked to auto-
related disputes. When the FTC issued its final Rule, FTC staff
estimated that 40% of direct disputes would result in the sending of
F/I dispute notices. See 74 FR 31506 n.58. The FTC's estimate of 4%
is based on taking forty percent of the 10% of all consumer disputes
at the nationwide CRAs, on average, linked to auto loans.
---------------------------------------------------------------------------
3. 20,851 respondents (21,720-869 FTC only) / by 2 = 10,425 F/I
disputes for the FTC co-jurisdiction
4. 869 FTC only F/I disputes + 10,425 additional F/I disputes = 11,294
F/I dispute notices for the FTC's jurisdiction
5. 11,294 F/I disputes x 14 minutes each = 2,635 hours
B. Labor Costs
Labor costs are derived by applying appropriate estimated hourly
cost figures to the burden hours described above. The FTC assumes that
respondents will use skilled administrative support personnel to
provide the required F/I dispute notices to consumers.
2,635 hours x $23.69 \14\ = $62,423
---------------------------------------------------------------------------
\14\ The revised figure is an average of Bureau of Labor
Statistics mean hourly wages for potentially analogous employee
types: First-line supervisors of office and administrative support
workers ($28.14); bookkeeping, accounting, and auditing clerks
($19.76); brokerage clerks ($25.41); eligibility interviewers,
government programs ($21.45). See BLS Table 1. This averages to
$23.69 per hour, rounded.
Thus, total estimated burden under the above-noted regulatory
sections is 17,055 hours and $878,307 labor costs.
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) how to improve the
quality, utility, and clarity of the disclosure requirements; and (4)
how to minimize the burden of providing the required information to
consumers.
You can file a comment online or on paper. For the FTC to consider
your comment, we must receive it on or before May 20, 2019. Write
``Information Furnishers Rule, PRA Comment, P135407'' on your comment.
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, or to send them to the Commission by courier or
overnight service. To make sure that the Commission considers your
online comment, you must file it through the https://www.regulations.gov website by following the instructions on the web-
based form provided. Your comment--including your name and your state--
will be placed on the public record of this proceeding, including the
https://www.regulations.gov website. As a matter of discretion, the
Commission tries to remove individuals' home
[[Page 10076]]
contact information from comments before placing them on the
regulations.gov site.
If you file your comment on paper, write ``Paperwork Comment: FTC
File No. P135407'' 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.
Because your comment will be placed on the publicly accessible
website at www.regulations.gov, you are solely responsible for making
sure that your comment does not include any sensitive or confidential
information. In particular, your comment should not include any
sensitive personal information, such as your or anyone else'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, such as medical records or other
individually identifiable health information. In addition, your comment
should not include any ``trade secret or any commercial or financial
information which . . . is privileged or confidential''--as provided by
Section 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)--including in particular competitively sensitive
information such as costs, sales statistics, inventories, formulas,
patterns, devices, manufacturing processes, or customer names.
Comments containing material for which confidential treatment is
requested must be filed in paper form, must be clearly labeled
``Confidential,'' and must comply with FTC Rule 4.9(c). 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). Your comment will be kept
confidential only if the General Counsel grants your request in
accordance with the law and the public interest. Once your comment has
been posted publicly at www.regulations.gov, we cannot redact or remove
your comment unless you submit a confidentiality request that meets the
requirements for such treatment under FTC Rule 4.9(c), and the General
Counsel grants that request.
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 May 20, 2019.
For information on the Commission's privacy policy, including routine
uses permitted by the Privacy Act, see https://www.ftc.gov/site-information/privacy-policy.
Heather Hippsley,
Deputy General Counsel.
[FR Doc. 2019-05082 Filed 3-18-19; 8:45 am]
BILLING CODE 6750-01-P