Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request, 64072-64074 [2019-25110]

Download as PDF 64072 Federal Register / Vol. 84, No. 224 / Wednesday, November 20, 2019 / Notices prior to effectiveness of the home country supervision framework, so long as the home country supervisor is working towards a framework consistent with the BCBS Large Exposure Standard or, in the alternative, to extend the initial compliance dates for FBOs to comply with the SCCL applicable to their U.S. operations. The Board has proposed separately to amend the SCCL rule to extend the initial compliance dates for FBOs to comply with the SCCL applicable to their U.S. operations published elsewhere in this issue of the Federal Register. Therefore, no changes to the FR 2590 report have been made in response to this comment at this time. Board of Governors of the Federal Reserve System, November 8, 2019. Ann Misback, Secretary of the Board. [FR Doc. 2019–24967 Filed 11–19–19; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments regarding each of these applications must be received at the Federal Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 5, 2019. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. David S. Fricke, Topeka, Kansas; as Plan Administrator of the Commerce Bank and Trust Holding Company Employee Stock Ownership Plan, to acquire voting shares of Commerce Bank VerDate Sep<11>2014 17:21 Nov 19, 2019 Jkt 250001 and Trust Holding Company and thereby indirectly acquire voting shares of CoreFirst Bank & Trust, both of Topeka, Kansas. Board of Governors of the Federal Reserve System, November 14, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–25143 Filed 11–19–19; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 19, 2019. A. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. American Bancor, Ltd., Dickinson, North Dakota; to acquire Beartooth Financial Corporation, and thereby indirectly acquire Beartooth Bank, both of Billings, Montana. Board of Governors of the Federal Reserve System, November 14, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–25141 Filed 11–19–19; 8:45 am] BILLING CODE P PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 FEDERAL TRADE COMMISSION Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request Federal Trade Commission. Notice and request for comment. AGENCY: ACTION: The Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’) requests that the Office of Management and Budget (‘‘OMB’’) extend for an additional three years the current Paperwork Reduction Act (‘‘PRA’’) clearance for information collection requirements in its ‘‘Used Motor Vehicle Trade Regulation Rule’’ (‘‘Used Car Rule’’ or ‘‘Rule’’), which applies to used vehicle dealers. The existing clearance expires on December 31, 2019. DATES: Comments must be submitted on or before December 20, 2019. ADDRESSES: Comments in response to this notice should be submitted to the OMB Desk Officer for the Federal Trade Commission within 30 days of this notice. You may submit comments using any of the following methods: Electronic: Write ‘‘Used Car Rule, PRA Comment, FTC File No. P137606,’’ on your comment and file your comment online at https:// www.regulations.gov, by following the instructions on the web-based form. Email: MBX.OMB.OIRA.Submission@ OMB.eop.gov. Mail: Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for the Federal Trade Commission, New Executive Office Building, Docket Library, Room 10102, 725 17th Street NW, Washington, DC 20503. SUMMARY: FOR FURTHER INFORMATION CONTACT: Elizabeth Scott, (312) 960–5609, Attorney, Midwest Region, Federal Trade Commission, 230 South Dearborn Street, Suite 3030, Chicago, IL 60604. SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the FTC has submitted to the Office of Management and Budget (‘‘OMB’’) this request for extension of the previously approved collection of information discussed below. Title: Used Motor Vehicle Trade Regulation Rule. OMB Control Number: 3084–0108. Type of Review: Extension of currently approved collection. Estimated Total Annual Hours Burden: 2,368,993. The component tasks associated with the Rule’s required display of Buyers E:\FR\FM\20NON1.SGM 20NON1 Federal Register / Vol. 84, No. 224 / Wednesday, November 20, 2019 / Notices Guides include: (1) Ordering and stocking Buyers Guides; (2) entering data on Buyers Guides; (3) displaying the Buyers Guides on vehicles; (4) revising Buyers Guides as necessary; and (5) complying with the Rule’s requirements for sales conducted in Spanish. 1. Ordering and Stocking Buyers Guides: Staff has estimated that used car dealers should need no more than an average of two hours per year to obtain Buyers Guides, which are readily available from many commercial printers or can be produced by an office word-processing or desk-top publishing system.1 Based on an estimated population of 53,779 dealers, the annual hours burden for producing or obtaining and stocking Buyers Guides is 107,558 hours. 2. Entering Data on Buyers Guides: Staff estimates that dealers will require an average of two minutes per Buyers Guide to enter applicable data on Buyers Guides. For used cars sold under warranty, the time required to check the ‘‘Warranty’’ box and to add warranty information, such as the additional information required in the Percentage of Labor/Parts and the Systems Covered/ Duration sections of the Buyers Guide, will depend on whether the dealer uses a manual or automated process or Buyers Guides that are pre-printed with the dealer’s standard warranty terms. Staff estimates that these tasks will take an average of one additional minute, i.e., cumulatively, an average total time of three minutes for each used car sold under warranty. Staff estimates that dealers sell approximately fifty percent of used cars ‘‘as is’’ and the other half under warranty. Therefore, staff estimates that the overall time required to enter data on Buyers Guides consists of 486,906 hours for used cars sold without a warranty (29,214,371 vehicles × 50% × 2 minutes per vehicle) and 730,359 hours for used cars sold under warranty (29,214,371 vehicles × 50% × 3 minutes per vehicle) for a cumulative estimated total of 1,217,265 hours. 3. Displaying Buyers Guides on Vehicles: Although the time required to display the Buyers Guides on each used car may vary, FTC staff estimates that dealers will spend an average of 1.75 minutes per vehicle to match the correct Buyers Guide to the vehicle and to display it on the vehicle. The estimated burden associated with this task is approximately 852,086 hours for the estimated 29,214,371 vehicles sold 1 Buyers Guides are also available online from the FTC’s website, www.ftc.gov, at http:// business.ftc.gov/selected-industries/automobiles. VerDate Sep<11>2014 17:21 Nov 19, 2019 Jkt 250001 annually (29,214,371 vehicles × 1.75 minutes per vehicle). 4. Revising Buyers Guides as Necessary: If negotiations between the buyer and seller over warranty coverage produce a sale on terms other than those originally entered on the Buyers Guide, the dealer must revise the Buyers Guide to reflect the actual terms of sale. According to the original rulemaking record, bargaining over warranty coverage rarely occurs. Staff notes that consumers often do not need to negotiate over warranty coverage because they can find vehicles that are offered with the desired warranty coverage online or in other ways before ever contacting a dealer. Accordingly, staff assumes that dealers will revise the Buyers Guide in no more than two percent of sales, with an average time of two minutes per revision. Therefore, staff estimates that dealers annually will spend approximately 19,476 hours revising Buyers Guides (29,214,371 vehicles × 2% × 2 minutes per vehicle). 5. Spanish Language Sales: The Rule requires dealers to make contract disclosures in Spanish if the dealer conducts a sale in Spanish.2 The Rule permits displaying both an English and a Spanish language Buyers Guide to comply with this requirement.3 Many dealers with large numbers of Spanishspeaking customers likely will post both English and Spanish Buyers Guides to avoid potential compliance violations. Calculations from United States Census Bureau surveys indicate that approximately 5.4 percent of the United States population speaks Spanish at home, without also speaking fluent English.4 Staff therefore projects that dealers will conduct approximately 5.4 percent of used car sales in Spanish. Dealers will incur the additional burden of completing and displaying a second Buyers Guide in 5.4 percent of sales assuming that dealers choose to comply with the Rule by posting both English and Spanish Buyers Guides. The annual hours burden associated with completing and displaying Buyers Guides is 2,069,351 hours (1,217,265 hours for entering data on Buyers Guides + 852,086 hours for displaying Buyers Guides). Therefore, staff estimates that the additional burden caused by the Rule’s requirement that 2 16 CFR 455.5. 3 Id. 4 U.S. Census Bureau, TableB16001. Language Spoken at Home. 2017 American Community Survey 1-Year Estimates, available at: https:// factfinder.census.gov/faces/tableservices/jsf/pages/ productview.xhtml?pid=ACS_11_1YR_ B16001&prodType=table (last visited June 7, 2019) (5.4% of the United States population 5 years or older who speaks Spanish or Spanish Creole in the home speaks English less than ‘‘very well.’’). PO 00000 Frm 00036 Fmt 4703 Sfmt 4703 64073 dealers display Spanish language Buyers Guides when conducting sales in Spanish is 111,745 hours (2,069,351 hours × 5.4% of sales). The other components of the annual hours burden, i.e., purchasing Buyers Guides and revising them for changes in warranty coverage, remain unchanged. 6. Optional Disclosures of Non-Dealer Warranties: The Rule does not require dealers to disclose information about non-dealer warranties, but provides dealers with the options to disclose such warranties on Buyers Guides. FTC staff has estimated that dealers will make the optional disclosures on 25% of used cars offered for sale. Staff believes that checking the optional boxes to disclose a non-dealer warranty should require dealers no more than 30 seconds per vehicle. Accordingly, based on 29,214,371 used cars sold, staff estimates that making the optional disclosures entails a burden of 60,863 hours (25% × 29,214,371 vehicles sold × 1/120 hour per vehicle). Annual labor cost: $40,083,362. FTC staff’s labor cost estimates are derived by applying appropriate hourly cost figures to the burden hours described above. Staff has determined that all of the tasks associated with ordering forms, entering data on Buyers Guides, posting Buyers Guides on vehicles, and revising them as needed, including the corresponding tasks associated with Spanish Buyers Guides and providing optional disclosures about non-dealer warranties, are typically done by clerical or low-level administrative personnel. Using a clerical cost rate of $16.92 per hour 5 and an estimated burden of 2,368,993 hours for disclosure requirements, the total labor cost burden is $40,083,362 ($16.92 per hour × 2,368,993 hours). Request for Comment On August 8, 2019, the Commission sought comment on the information collection requirements associated with the Used Car Rule. 84 FR 38979 (Aug. 8, 2019). No relevant comments were received. Pursuant to the OMB regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et seq., the FTC is providing this second opportunity for public comment while seeking OMB approval to renew the preexisting clearance for those information collection requirements. An agency may not conduct or sponsor, and a person is not required to respond to a collection 5 The hourly rate is based on the Bureau of Labor Statistics estimate of the mean hourly wage for office clerks, general. Occupational Employment and Wages, May 2018, 43–9061 Office Clerks, General, available at: https://www.bls.gov/oes/ current/oes439061.htm#nat. E:\FR\FM\20NON1.SGM 20NON1 64074 Federal Register / Vol. 84, No. 224 / Wednesday, November 20, 2019 / Notices of information unless it displays a valid OMB control number. Your comment—including your name and your state—will be placed on the public record of this proceeding. 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 any ‘‘[t]rade secret or any commercial or financial information which is . . . privileged or confidential’’ as provided in Section 6(f) of the FTC Act 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16CFR 4.10(a)(2). In particular, do not include competitively sensitive information such as costs, sales statistics, inventories, formulas, patterns devices, manufacturing processes, or customer names. Heather Hippsley, Deputy General Counsel. [FR Doc. 2019–25110 Filed 11–19–19; 8:45 am] BILLING CODE 6750–01–P FEDERAL TRADE COMMISSION [File No. 162 3130] InfoTrax Systems, L.C. and Mark Rawlins; Analysis To Aid Public Comment Federal Trade Commission. Proposed consent agreement; Request for comment. AGENCY: ACTION: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair or deceptive acts or practices. The attached Analysis to Aid Public Comment describes both the allegations in the complaint and the terms of the consent order—embodied in the consent agreement—that would settle these allegations. DATES: Comments must be received on or before December 20, 2019. ADDRESSES: Interested parties may file comments online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write: ‘‘InfoTrax Systems, L.C. and Mark Rawlins; File No. 162 3130’’ SUMMARY: VerDate Sep<11>2014 17:21 Nov 19, 2019 Jkt 250001 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 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: Andrea Arias (202–326–2715), Bureau of Consumer Protection, Federal Trade Commission, 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 a consent order 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 November 12, 2019), on the World Wide Web, at https:// www.ftc.gov/news-events/commissionactions. You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before December 20, 2019. Write ‘‘InfoTrax Systems, L.C. and Mark Rawlins; File No. 162 3130’’ 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 https:// www.regulations.gov website. 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 through the https:// www.regulations.gov website. If you prefer to file your comment on paper, write ‘‘InfoTrax Systems, L.C. and Mark Rawlins; File No. 162 3130’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW, Suite CC– PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 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. 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 https://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 on the public FTC website—as legally required by FTC Rule 4.9(b)—we cannot redact or remove your comment from the FTC website, 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. Visit the FTC website at http:// www.ftc.gov to read this Notice and the E:\FR\FM\20NON1.SGM 20NON1

Agencies

[Federal Register Volume 84, Number 224 (Wednesday, November 20, 2019)]
[Notices]
[Pages 64072-64074]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25110]


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

FEDERAL TRADE COMMISSION


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request

AGENCY: Federal Trade Commission.

ACTION: Notice and request for comment.

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

SUMMARY: The Federal Trade Commission (``FTC'' or ``Commission'') 
requests that the Office of Management and Budget (``OMB'') extend for 
an additional three years the current Paperwork Reduction Act (``PRA'') 
clearance for information collection requirements in its ``Used Motor 
Vehicle Trade Regulation Rule'' (``Used Car Rule'' or ``Rule''), which 
applies to used vehicle dealers. The existing clearance expires on 
December 31, 2019.

DATES: Comments must be submitted on or before December 20, 2019.

ADDRESSES: Comments in response to this notice should be submitted to 
the OMB Desk Officer for the Federal Trade Commission within 30 days of 
this notice. You may submit comments using any of the following 
methods:
    Electronic: Write ``Used Car Rule, PRA Comment, FTC File No. 
P137606,'' on your comment and file your comment online at https://www.regulations.gov, by following the instructions on the web-based 
form.
    Email: [email protected].
    Mail: Office of Information and Regulatory Affairs, Office of 
Management and Budget, Attention: Desk Officer for the Federal Trade 
Commission, New Executive Office Building, Docket Library, Room 10102, 
725 17th Street NW, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Elizabeth Scott, (312) 960-5609, 
Attorney, Midwest Region, Federal Trade Commission, 230 South Dearborn 
Street, Suite 3030, Chicago, IL 60604.

SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 
1995 (44 U.S.C. 3501 et seq.), the FTC has submitted to the Office of 
Management and Budget (``OMB'') this request for extension of the 
previously approved collection of information discussed below.
    Title: Used Motor Vehicle Trade Regulation Rule.
    OMB Control Number: 3084-0108.
    Type of Review: Extension of currently approved collection.
    Estimated Total Annual Hours Burden: 2,368,993.
    The component tasks associated with the Rule's required display of 
Buyers

[[Page 64073]]

Guides include: (1) Ordering and stocking Buyers Guides; (2) entering 
data on Buyers Guides; (3) displaying the Buyers Guides on vehicles; 
(4) revising Buyers Guides as necessary; and (5) complying with the 
Rule's requirements for sales conducted in Spanish.
    1. Ordering and Stocking Buyers Guides: Staff has estimated that 
used car dealers should need no more than an average of two hours per 
year to obtain Buyers Guides, which are readily available from many 
commercial printers or can be produced by an office word-processing or 
desk-top publishing system.\1\ Based on an estimated population of 
53,779 dealers, the annual hours burden for producing or obtaining and 
stocking Buyers Guides is 107,558 hours.
---------------------------------------------------------------------------

    \1\ Buyers Guides are also available online from the FTC's 
website, www.ftc.gov, at http://business.ftc.gov/selected-industries/automobiles.
---------------------------------------------------------------------------

    2. Entering Data on Buyers Guides: Staff estimates that dealers 
will require an average of two minutes per Buyers Guide to enter 
applicable data on Buyers Guides. For used cars sold under warranty, 
the time required to check the ``Warranty'' box and to add warranty 
information, such as the additional information required in the 
Percentage of Labor/Parts and the Systems Covered/Duration sections of 
the Buyers Guide, will depend on whether the dealer uses a manual or 
automated process or Buyers Guides that are pre-printed with the 
dealer's standard warranty terms. Staff estimates that these tasks will 
take an average of one additional minute, i.e., cumulatively, an 
average total time of three minutes for each used car sold under 
warranty.
    Staff estimates that dealers sell approximately fifty percent of 
used cars ``as is'' and the other half under warranty. Therefore, staff 
estimates that the overall time required to enter data on Buyers Guides 
consists of 486,906 hours for used cars sold without a warranty 
(29,214,371 vehicles x 50% x 2 minutes per vehicle) and 730,359 hours 
for used cars sold under warranty (29,214,371 vehicles x 50% x 3 
minutes per vehicle) for a cumulative estimated total of 1,217,265 
hours.
    3. Displaying Buyers Guides on Vehicles: Although the time required 
to display the Buyers Guides on each used car may vary, FTC staff 
estimates that dealers will spend an average of 1.75 minutes per 
vehicle to match the correct Buyers Guide to the vehicle and to display 
it on the vehicle. The estimated burden associated with this task is 
approximately 852,086 hours for the estimated 29,214,371 vehicles sold 
annually (29,214,371 vehicles x 1.75 minutes per vehicle).
    4. Revising Buyers Guides as Necessary: If negotiations between the 
buyer and seller over warranty coverage produce a sale on terms other 
than those originally entered on the Buyers Guide, the dealer must 
revise the Buyers Guide to reflect the actual terms of sale. According 
to the original rulemaking record, bargaining over warranty coverage 
rarely occurs. Staff notes that consumers often do not need to 
negotiate over warranty coverage because they can find vehicles that 
are offered with the desired warranty coverage online or in other ways 
before ever contacting a dealer. Accordingly, staff assumes that 
dealers will revise the Buyers Guide in no more than two percent of 
sales, with an average time of two minutes per revision. Therefore, 
staff estimates that dealers annually will spend approximately 19,476 
hours revising Buyers Guides (29,214,371 vehicles x 2% x 2 minutes per 
vehicle).
    5. Spanish Language Sales: The Rule requires dealers to make 
contract disclosures in Spanish if the dealer conducts a sale in 
Spanish.\2\ The Rule permits displaying both an English and a Spanish 
language Buyers Guide to comply with this requirement.\3\ Many dealers 
with large numbers of Spanish-speaking customers likely will post both 
English and Spanish Buyers Guides to avoid potential compliance 
violations.
---------------------------------------------------------------------------

    \2\ 16 CFR 455.5.
    \3\ Id.
---------------------------------------------------------------------------

    Calculations from United States Census Bureau surveys indicate that 
approximately 5.4 percent of the United States population speaks 
Spanish at home, without also speaking fluent English.\4\ Staff 
therefore projects that dealers will conduct approximately 5.4 percent 
of used car sales in Spanish. Dealers will incur the additional burden 
of completing and displaying a second Buyers Guide in 5.4 percent of 
sales assuming that dealers choose to comply with the Rule by posting 
both English and Spanish Buyers Guides. The annual hours burden 
associated with completing and displaying Buyers Guides is 2,069,351 
hours (1,217,265 hours for entering data on Buyers Guides + 852,086 
hours for displaying Buyers Guides). Therefore, staff estimates that 
the additional burden caused by the Rule's requirement that dealers 
display Spanish language Buyers Guides when conducting sales in Spanish 
is 111,745 hours (2,069,351 hours x 5.4% of sales). The other 
components of the annual hours burden, i.e., purchasing Buyers Guides 
and revising them for changes in warranty coverage, remain unchanged.
---------------------------------------------------------------------------

    \4\ U.S. Census Bureau, TableB16001. Language Spoken at Home. 
2017 American Community Survey 1-Year Estimates, available at: 
https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_11_1YR_B16001&prodType=table (last visited 
June 7, 2019) (5.4% of the United States population 5 years or older 
who speaks Spanish or Spanish Creole in the home speaks English less 
than ``very well.'').
---------------------------------------------------------------------------

    6. Optional Disclosures of Non-Dealer Warranties: The Rule does not 
require dealers to disclose information about non-dealer warranties, 
but provides dealers with the options to disclose such warranties on 
Buyers Guides. FTC staff has estimated that dealers will make the 
optional disclosures on 25% of used cars offered for sale. Staff 
believes that checking the optional boxes to disclose a non-dealer 
warranty should require dealers no more than 30 seconds per vehicle. 
Accordingly, based on 29,214,371 used cars sold, staff estimates that 
making the optional disclosures entails a burden of 60,863 hours (25% x 
29,214,371 vehicles sold x 1/120 hour per vehicle).
    Annual labor cost: $40,083,362.
    FTC staff's labor cost estimates are derived by applying 
appropriate hourly cost figures to the burden hours described above. 
Staff has determined that all of the tasks associated with ordering 
forms, entering data on Buyers Guides, posting Buyers Guides on 
vehicles, and revising them as needed, including the corresponding 
tasks associated with Spanish Buyers Guides and providing optional 
disclosures about non-dealer warranties, are typically done by clerical 
or low-level administrative personnel. Using a clerical cost rate of 
$16.92 per hour \5\ and an estimated burden of 2,368,993 hours for 
disclosure requirements, the total labor cost burden is $40,083,362 
($16.92 per hour x 2,368,993 hours).
---------------------------------------------------------------------------

    \5\ The hourly rate is based on the Bureau of Labor Statistics 
estimate of the mean hourly wage for office clerks, general. 
Occupational Employment and Wages, May 2018, 43-9061 Office Clerks, 
General, available at: https://www.bls.gov/oes/current/oes439061.htm#nat.
---------------------------------------------------------------------------

Request for Comment

    On August 8, 2019, the Commission sought comment on the information 
collection requirements associated with the Used Car Rule. 84 FR 38979 
(Aug. 8, 2019). No relevant comments were received. Pursuant to the OMB 
regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et 
seq., the FTC is providing this second opportunity for public comment 
while seeking OMB approval to renew the pre-existing clearance for 
those information collection requirements. An agency may not conduct or 
sponsor, and a person is not required to respond to a collection

[[Page 64074]]

of information unless it displays a valid OMB control number.
    Your comment--including your name and your state--will be placed on 
the public record of this proceeding. 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 any ``[t]rade secret or any commercial or financial information 
which is . . . privileged or confidential'' as provided in Section 6(f) 
of the FTC Act 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16CFR 
4.10(a)(2). In particular, do not include competitively sensitive 
information such as costs, sales statistics, inventories, formulas, 
patterns devices, manufacturing processes, or customer names.

Heather Hippsley,
Deputy General Counsel.
[FR Doc. 2019-25110 Filed 11-19-19; 8:45 am]
 BILLING CODE 6750-01-P