Proposed Agency Information Collection Activities; Comment Request, 20495-20496 [2020-07740]
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Federal Register / Vol. 85, No. 71 / Monday, April 13, 2020 / Notices
Dated: April 7, 2020.
Rachel Dickon,
Secretary.
[FR Doc. 2020–07650 Filed 4–10–20; 8:45 am]
BILLING CODE 6730–02–P
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Ongoing Intermittent Survey of
Households (FR 3016; OMB No. 7100–
0150).
DATES: Comments must be submitted on
or before June 12, 2020.
ADDRESSES: You may submit comments,
identified by FR 3016, by any of the
following methods:
• Agency Website: https://
www.federalreserve.gov/. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include the OMB
number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available
from the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons or to
remove personally identifiable
information at the commenter’s request.
Accordingly, comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper in Room 146, 1709 New York
Avenue NW, Washington, DC 20006,
between 9:00 a.m. and 5:00 p.m. on
weekdays. For security reasons, the
Board requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 452–3684.
Upon arrival, visitors will be required to
present valid government-issued photo
identification and to submit to security
screening in order to inspect and
photocopy comments.
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SUMMARY:
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Additionally, commenters may send a
copy of their comments to the Office of
Management and Budget (OMB) Desk
Officer—Shagufta Ahmed—Office of
Information and Regulatory Affairs,
Office of Management and Budget, New
Executive Office Building, Room 10235,
725 17th Street NW, Washington, DC
20503, or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: A
copy of the Paperwork Reduction Act
(PRA) OMB submission, including the
reporting form and instructions,
supporting statement, and other
documentation will be placed into
OMB’s public docket files, if approved.
These documents will also be made
available on the Board’s public website
at https://www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears below.
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551, (202)
452–3829.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the PRA to approve and
assign OMB control numbers to
collections of information conducted or
sponsored by the Board. In exercising
this delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Board’s functions,
including whether the information has
practical utility;
b. The accuracy of the Board’s
estimate of the burden of the proposed
information collection, including the
validity of the methodology and
assumptions used;
c. Ways to enhance the quality,
utility, and clarity of the information to
be collected;
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
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Fmt 4703
Sfmt 4703
20495
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
Proposal Under OMB Delegated
Authority To Extend for Three Years,
Without Revision, the Following
Information Collection
Report title: Ongoing Intermittent
Survey of Households.
Agency form number: FR 3016.
OMB control number: 7100–0150.
Frequency: Monthly.
Respondents: Individuals and
households.
Estimated number of respondents:
500.
Estimated average hours per response:
1.6 minutes.
Estimated annual burden hours: 160.
General description of report: The
Board uses the Ongoing Intermittent
Survey of Households survey to study
consumer financial decisions, attitudes,
and payment behavior. The Board has a
contract with the University of
Michigan’s Survey Research Center
(SRC) to include survey questions on
behalf of the Board in an addendum to
the SRC’s regular monthly Survey of
Consumer Attitudes and Expectations.
The SRC conducts the survey by
telephone with a sample of 500
households and includes questions of
special interest to the Board.
Legal authorization and
confidentiality: The FR 3016 is
authorized by sections 2A and 12A of
the Federal Reserve Act (FRA). Section
2A of the FRA requires that the Board
and the Federal Open Market
Committee (FOMC) ‘‘maintain long run
growth of the monetary and credit
aggregates commensurate with the
economy’s long run potential to increase
production, so as to promote effectively
the goals of the maximum employment,
stable prices, and moderate long-term
interest rates.’’ 1 Under section 12A of
the FRA, the FOMC is required to
implement regulations relating to the
open market operations conducted by
Federal Reserve Banks ‘‘with a view to
accommodating commerce and business
and with regard to their bearing upon
the general credit situation of the
country.’’ 2 The information collection
under the FR 3016 is used to fulfill
1 12
2 12
E:\FR\FM\13APN1.SGM
U.S.C. 225a.
U.S.C. 263(c).
13APN1
20496
Federal Register / Vol. 85, No. 71 / Monday, April 13, 2020 / Notices
these obligations. Survey submissions
under the FR 3016 are voluntary.
Location information associated with
individual responses to the FR 3016
may be kept confidential under
exemption 6 of the Freedom of
Information Act (‘‘FOIA’’),3 which
protects information ‘‘the disclosure of
which would constitute a clearly
unwarranted invasion of personal
privacy.’’ Individual responses to other
data fields from the FR 3016 may be
kept confidential on a case-by-case
basis. The Board will consider whether
information collected through these
surveys may be kept confidential under
FOIA exemption 6, or any other
applicable FOIA exemption.
Board of Governors of the Federal Reserve
System, April 8, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020–07740 Filed 4–10–20; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, with revision, the Census of
Finance Companies and Survey of
Finance Companies (FR 3033p and FR
3033s; OMB No. 7100–0277). The
revisions are effective immediately.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551, (202)
452–3829. Office of Management and
Budget (OMB) Desk Officer—Shagufta
Ahmed—Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 10235,
725 17th Street NW, Washington, DC
20503, or by fax to (202) 395–6974.
A copy of the Paperwork Reduction
Act (PRA) OMB submission, including
the reporting form and instructions,
supporting statement, and other
documentation will be placed into
OMB’s public docket files. These
documents also are available on the
Federal Reserve Board’s public website
at https://www.federalreserve.gov/apps/
reportforms/review.aspx or may be
khammond on DSKJM1Z7X2PROD with NOTICES
AGENCY:
35
U.S.C. 552(b)(6).
VerDate Sep<11>2014
17:57 Apr 10, 2020
Jkt 250001
requested from the agency clearance
officer, whose name appears above.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the PRA to approve and
assign OMB control numbers to
collections of information conducted or
sponsored by the Board. Boardapproved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
PRA Submission, supporting
statements, and approved collection of
information instrument(s) are placed
into OMB’s public docket files.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, With Revision, of the Following
Information Collections
Report title: Census of Finance
Companies.
Agency form number: FR 3033p.
OMB control number: 7100–0277.
Effective Date: The revisions are
effective immediately.
Frequency: Quinquennially.
Respondents: Finance companies.
Estimated number of respondents:
12,800.
Estimated average hours per response:
0.33.
Estimated annual burden hours:
4,224.
General description of report: The FR
3033p is a census survey designed to
identify the universe of finance
companies eligible for potential
inclusion in the FR 3033s and to enable
the stratification of the sample for more
statistically efficient estimation. The FR
3033p currently comprises 11 questions
to assess the company’s asset size, level
of loan and lease activity, company
structure, and licensing authority.
Report title: Survey of Finance
Companies.
Agency form number: FR 3033s.
OMB control number: 7100–0277.
Effective Date: The revisions are
effective immediately.
Frequency: Quinquennially.
Respondents: Finance companies that
responded to the FR 3033p.
Estimated number of respondents:
1,200.
Estimated average hours per response:
1.5.
Estimated annual burden hours:
1,800.
General description of report: From
the universe of finance companies
identified by the FR 3033p, a sample of
finance companies will be invited to fill
out FR 3033s. From these finance
companies, the FR 3033s survey collects
balance sheet data on major categories
of consumer and business credit
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Frm 00030
Fmt 4703
Sfmt 9990
receivables and major liabilities. In
addition, the survey may be used to
gather information on topics that are
pertinent to increasing the Federal
Reserve’s understanding of the finance
companies.
Legal authorization and
confidentiality: The FR 3033 is
authorized pursuant to sections 2A and
12A of the Federal Reserve Act (‘‘FRA’’).
Section 2A of the FRA requires that the
Board and the Federal Open Market
Committee (‘‘FOMC’’) ‘‘maintain long
run growth of the monetary and credit
aggregates commensurate with the
economy’s long run potential to increase
production, so as to promote effectively
the goals of maximum employment,
stable prices, and moderate long-term
interest rates’’ (12 U.S.C. 225a). Under
section 12A of the FRA, the FOMC is
required to implement regulations
relating to the open market operations
conducted by Federal Reserve Banks
‘‘with a view to accommodating
commerce and business and with regard
to their bearing upon the general credit
situation of the country’’ (12 U.S.C.
263). Information collected from the FR
3033 is used to fulfill these obligations.
The information collected pursuant to
the FR 3033 may be treated as
confidential pursuant to exemption 4 of
the Freedom of Information Act, 5
U.S.C. 552(b)(4), which protects ‘‘trade
secrets and commercial or financial
information obtained from a person
[that is] privileged or confidential.’’
Current actions: On January 16, 2020,
the Board published a notice in the
Federal Register (85 FR 2740)
requesting public comment for 60 days
on the extension, with revision, of the
Census of Finance Companies and
Survey of Finance Companies. The
Board proposed to revise the FR 3033p
to improve the accuracy of identifying
finance companies, improve response
rates, and simplify the form overall; the
FR 3033s is not being revised in this
submission. The comment period for
this notice expired on March 16, 2020.
The Board did not receive any
comments. The revisions will be
implemented as proposed.
Board of Governors of the Federal Reserve
System, April 8, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020–07739 Filed 4–10–20; 8:45 am]
BILLING CODE 6210–01–P
E:\FR\FM\13APN1.SGM
13APN1
Agencies
[Federal Register Volume 85, Number 71 (Monday, April 13, 2020)]
[Notices]
[Pages 20495-20496]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-07740]
=======================================================================
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, without
revision, the Ongoing Intermittent Survey of Households (FR 3016; OMB
No. 7100-0150).
DATES: Comments must be submitted on or before June 12, 2020.
ADDRESSES: You may submit comments, identified by FR 3016, by any of
the following methods:
Agency Website: https://www.federalreserve.gov/. Follow
the instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
Email: [email protected]. Include the OMB
number in the subject line of the message.
Fax: (202) 452-3819 or (202) 452-3102.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
All public comments are available from the Board's website at
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as
submitted, unless modified for technical reasons or to remove
personally identifiable information at the commenter's request.
Accordingly, comments will not be edited to remove any identifying or
contact information. Public comments may also be viewed electronically
or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006,
between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the
Board requires that visitors make an appointment to inspect comments.
You may do so by calling (202) 452-3684. Upon arrival, visitors will be
required to present valid government-issued photo identification and to
submit to security screening in order to inspect and photocopy
comments.
Additionally, commenters may send a copy of their comments to the
Office of Management and Budget (OMB) Desk Officer--Shagufta Ahmed--
Office of Information and Regulatory Affairs, Office of Management and
Budget, New Executive Office Building, Room 10235, 725 17th Street NW,
Washington, DC 20503, or by fax to (202) 395-6974.
FOR FURTHER INFORMATION CONTACT: A copy of the Paperwork Reduction Act
(PRA) OMB submission, including the reporting form and instructions,
supporting statement, and other documentation will be placed into OMB's
public docket files, if approved. These documents will also be made
available on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested
from the agency clearance officer, whose name appears below.
Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of
the Chief Data Officer, Board of Governors of the Federal Reserve
System, Washington, DC 20551, (202) 452-3829.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
authority under the PRA to approve and assign OMB control numbers to
collections of information conducted or sponsored by the Board. In
exercising this delegated authority, the Board is directed to take
every reasonable step to solicit comment. In determining whether to
approve a collection of information, the Board will consider all
comments received from the public and other agencies.
Request for Comment on Information Collection Proposal
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Board's functions, including whether the
information has practical utility;
b. The accuracy of the Board's estimate of the burden of the
proposed information collection, including the validity of the
methodology and assumptions used;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years,
Without Revision, the Following Information Collection
Report title: Ongoing Intermittent Survey of Households.
Agency form number: FR 3016.
OMB control number: 7100-0150.
Frequency: Monthly.
Respondents: Individuals and households.
Estimated number of respondents: 500.
Estimated average hours per response: 1.6 minutes.
Estimated annual burden hours: 160.
General description of report: The Board uses the Ongoing
Intermittent Survey of Households survey to study consumer financial
decisions, attitudes, and payment behavior. The Board has a contract
with the University of Michigan's Survey Research Center (SRC) to
include survey questions on behalf of the Board in an addendum to the
SRC's regular monthly Survey of Consumer Attitudes and Expectations.
The SRC conducts the survey by telephone with a sample of 500
households and includes questions of special interest to the Board.
Legal authorization and confidentiality: The FR 3016 is authorized
by sections 2A and 12A of the Federal Reserve Act (FRA). Section 2A of
the FRA requires that the Board and the Federal Open Market Committee
(FOMC) ``maintain long run growth of the monetary and credit aggregates
commensurate with the economy's long run potential to increase
production, so as to promote effectively the goals of the maximum
employment, stable prices, and moderate long-term interest rates.'' \1\
Under section 12A of the FRA, the FOMC is required to implement
regulations relating to the open market operations conducted by Federal
Reserve Banks ``with a view to accommodating commerce and business and
with regard to their bearing upon the general credit situation of the
country.'' \2\ The information collection under the FR 3016 is used to
fulfill
[[Page 20496]]
these obligations. Survey submissions under the FR 3016 are voluntary.
---------------------------------------------------------------------------
\1\ 12 U.S.C. 225a.
\2\ 12 U.S.C. 263(c).
---------------------------------------------------------------------------
Location information associated with individual responses to the FR
3016 may be kept confidential under exemption 6 of the Freedom of
Information Act (``FOIA''),\3\ which protects information ``the
disclosure of which would constitute a clearly unwarranted invasion of
personal privacy.'' Individual responses to other data fields from the
FR 3016 may be kept confidential on a case-by-case basis. The Board
will consider whether information collected through these surveys may
be kept confidential under FOIA exemption 6, or any other applicable
FOIA exemption.
---------------------------------------------------------------------------
\3\ 5 U.S.C. 552(b)(6).
Board of Governors of the Federal Reserve System, April 8, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-07740 Filed 4-10-20; 8:45 am]
BILLING CODE 6210-01-P