Agency Information Collection Activities: Notice of Office of Management and Budget Approval of Information Collection Requirements, 62281 [2020-21812]
Download as PDF
<![CDATA[
Federal Register / Vol. 85, No. 192 / Friday, October 2, 2020 / Notices
BUREAU OF CONSUMER FINANCIAL
PROTECTION
Agency Information Collection
Activities: Notice of Office of
Management and Budget Approval of
Information Collection Requirements
Bureau of Consumer Financial
Protection.
ACTION: Notice of approval of
information collection requirements.
AGENCY:
In accordance with the
Paperwork Reduction Act of 1995
(PRA), the Bureau of Consumer
Financial Protection (Bureau) is
announcing Office of Management and
Budget (OMB) approval of new
information collection requirements
contained in a final rule published in
the Federal Register on July 22, 2020
(85 FR 44382), regarding Payday,
Vehicle Title, and Certain High-Cost
Installment Loans. See the
SUPPLEMENTARY INFORMATION section
below for additional information about
this OMB approval.
FOR FURTHER INFORMATION CONTACT:
Documentation prepared in support of
these information collection requests is
available at www.reginfo.gov. Requests
for additional information should be
directed to Darrin King, PRA Officer, at
(202) 435–9575, or email: CFPB_PRA@
cfpb.gov. If you require this document
in an alternative electronic format,
please contact CFPB_Accessibility@
cfpb.gov.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.) the Bureau
may not conduct or sponsor, and,
notwithstanding any other provision of
law, a respondent is not required to
respond to, an information collection
unless it displays a currently valid OMB
control number. On July 22, 2020, the
Bureau published a final rule in the
Federal Register titled ‘‘Payday, Vehicle
Title, and Certain High-Cost Installment
Loans.’’ The final rule to amend its
regulations governing payday, vehicle
title, and certain high-cost installment
loans. Specifically, the final rule
revokes provisions of those regulations
that: Provide that it is an unfair and
abusive practice for a lender to make a
covered short-term or longer-term
balloon-payment loan, including payday
and vehicle title loans, without
reasonably determining that consumers
have the ability to repay those loans
according to their terms; prescribe
mandatory underwriting requirements
for making the ability-to-repay
determination; exempt certain loans
from the mandatory underwriting
requirements; and establish related
definitions, reporting, recordkeeping,
jbell on DSKJLSW7X2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
19:38 Oct 01, 2020
Jkt 253001
and compliance date requirements. The
Bureau’s OMB control number for 12
CFR part 1041 is 3170–0071. Pursuant
to 5 CFR 1320.11(h), the Bureau
submitted the final rule with an
information collection request (ICR) to
OMB on July 8, 2020, and OMB
approved this ICR on September 24,
2020. In accordance with the PRA and
5 CFR 1320.11(k), the Bureau hereby
announces OMB approval of the revised
information collection requirements as
contained in the subject final rule which
will be effective October 20, 2020.
Dated: September 29, 2020.
Darrin King,
Paperwork Reduction Act Officer, Bureau of
Consumer Financial Protection.
[FR Doc. 2020–21812 Filed 10–1–20; 8:45 am]
BILLING CODE 4810–AM–P
CONSUMER PRODUCT SAFETY
COMMISSION
[Docket No. CPSC–2010–0053]
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Safety
Standard for Multi-Purpose Lighters
Consumer Product Safety
Commission.
ACTION: Notice.
AGENCY:
As required by the Paperwork
Reduction Act of 1995, the Consumer
Product Safety Commission (CPSC or
Commission) announces that the
Commission has submitted to the Office
of Management and Budget (OMB) a
request for extension of approval of a
collection of information associated
with the Safety Standard for MultiPurpose Lighters. OMB previously
approved the collection of information
under control number 3041–0130.
OMB’s most recent extension of
approval will expire on October 31,
2020. On July 23, 2020, the CPSC
published a notice in the Federal
Register to announce the agency’s
intention to seek extension of approval
of the collection of information. The
Commission received no comments.
Therefore, by publication of this notice,
the Commission announces that CPSC
has submitted to the OMB a request for
extension of approval of this collection
of information, without change.
DATES: Submit written or electronic
comments on the collection of
information by November 2, 2020.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to: www.reginfo.gov/public/do/
SUMMARY:
PO 00000
Frm 00008
Fmt 4703
Sfmt 9990
62281
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. In addition, written
comments that are sent to OMB also
should be submitted electronically at:
https://www.regulations.gov, under
Docket No. CPSC–2010–0053.
FOR FURTHER INFORMATION CONTACT:
Cynthia Gillham, Consumer Product
Safety Commission, 4330 East West
Highway, Bethesda, MD 20814; (301)
504–7791, or by email to: cgillham@
cpsc.gov.
On July
23, 2020, CPSC published a notice in
the Federal Register to announce the
agency’s intention to seek extension of
approval of the collection of
information. (85 FR 44526). The
Commission received no comments.
Accordingly, CPSC seeks to renew the
following currently approved collection
of information:
Title: Safety Standard for MultiPurpose Lighters.
OMB Number: 3041–0130.
Type of Review: Renewal of
collection.
Frequency of Response: On occasion.
Affected Public: Manufacturers and
importers of multi-purpose lighters.
Estimated Number of Respondents: 62
firms will test, on average, 2 models per
firm.
Estimated Time per Response: 50
hours per model, including testing,
recordkeeping, data maintenance, and
submitting records requested by CPSC.
Total Estimated Annual Burden:
6,200 hours (62 firms x 2 models x 50
hours).
General Description of Collection: The
Commission issued a safety standard for
multi-purpose lighters (16 CFR part
1212) in 1999. The standard includes
requirements that manufacturers
(including importers) of multi-purpose
lighters issue certificates of compliance
based on a reasonable testing program.
The standard also requires that
manufacturers and importers maintain
certain records. Respondents must
comply with these testing, certification,
and recordkeeping requirements for
multi-purpose lighters.
SUPPLEMENTARY INFORMATION:
Alberta E. Mills,
Secretary, Consumer Product Safety
Commission.
[FR Doc. 2020–21844 Filed 10–1–20; 8:45 am]
BILLING CODE 6355–01–P
E:\FR\FM\02OCN1.SGM
02OCN1
]]>Agencies
[Federal Register Volume 85, Number 192 (Friday, October 2, 2020)]
[Notices]
[Page 62281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-21812]
[[Page 62281]]
=======================================================================
-----------------------------------------------------------------------
BUREAU OF CONSUMER FINANCIAL PROTECTION
Agency Information Collection Activities: Notice of Office of
Management and Budget Approval of Information Collection Requirements
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Notice of approval of information collection requirements.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Bureau of Consumer Financial Protection (Bureau) is announcing
Office of Management and Budget (OMB) approval of new information
collection requirements contained in a final rule published in the
Federal Register on July 22, 2020 (85 FR 44382), regarding Payday,
Vehicle Title, and Certain High-Cost Installment Loans. See the
SUPPLEMENTARY INFORMATION section below for additional information
about this OMB approval.
FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of
these information collection requests is available at www.reginfo.gov.
Requests for additional information should be directed to Darrin King,
PRA Officer, at (202) 435-9575, or email: [email protected]. If you
require this document in an alternative electronic format, please
contact [email protected].
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.) the
Bureau may not conduct or sponsor, and, notwithstanding any other
provision of law, a respondent is not required to respond to, an
information collection unless it displays a currently valid OMB control
number. On July 22, 2020, the Bureau published a final rule in the
Federal Register titled ``Payday, Vehicle Title, and Certain High-Cost
Installment Loans.'' The final rule to amend its regulations governing
payday, vehicle title, and certain high-cost installment loans.
Specifically, the final rule revokes provisions of those regulations
that: Provide that it is an unfair and abusive practice for a lender to
make a covered short-term or longer-term balloon-payment loan,
including payday and vehicle title loans, without reasonably
determining that consumers have the ability to repay those loans
according to their terms; prescribe mandatory underwriting requirements
for making the ability-to-repay determination; exempt certain loans
from the mandatory underwriting requirements; and establish related
definitions, reporting, recordkeeping, and compliance date
requirements. The Bureau's OMB control number for 12 CFR part 1041 is
3170-0071. Pursuant to 5 CFR 1320.11(h), the Bureau submitted the final
rule with an information collection request (ICR) to OMB on July 8,
2020, and OMB approved this ICR on September 24, 2020. In accordance
with the PRA and 5 CFR 1320.11(k), the Bureau hereby announces OMB
approval of the revised information collection requirements as
contained in the subject final rule which will be effective October 20,
2020.
Dated: September 29, 2020.
Darrin King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial
Protection.
[FR Doc. 2020-21812 Filed 10-1-20; 8:45 am]
BILLING CODE 4810-AM-P
