Agency Information Collection Activities: Proposed Collection; Comment Request; Fair Credit Reporting Disclosure and Recordkeeping Requirements, 83625-83626 [2020-28184]
Download as PDF
<![CDATA[
Federal Register / Vol. 85, No. 246 / Tuesday, December 22, 2020 / Notices
Call Report. The financial and statistical
information is essential to NCUA in
carrying out its responsibility for
supervising corporate credit unions. The
Federal Credit Union Act, 12 U.S.C.
1762, specifically requires federal credit
unions to report the identity of credit
union officials. Section 741.6(a) requires
federally-insured credit unions to
submit a Report of Officials annually to
Swarnali Haldar,
NCUA containing the annual
Executive for Information Services/CIO.
certification of compliance with security
[FR Doc. 2020–28137 Filed 12–21–20; 8:45 am]
requirements. The branch information is
BILLING CODE 7515–01–P
requested under the authority of § 741.6
of the NCUA Rules and Regulations.
NCUA utilizes the information to
NATIONAL CREDIT UNION
monitor financial conditions in
ADMINISTRATION
corporate credit unions and to allocate
supervision and examination resources.
Submission for OMB Review;
Type of Review: Revision of a
Comment Request
currently approved collection.
Affected Public: Private Sector: NotAGENCY: National Credit Union
for-profit
institutions.
Administration (NCUA).
Estimated Total Annual Burden
ACTION: Notice.
Hours: 539.
OMB Number: 3133–0186.
SUMMARY: The National Credit Union
Title: Higher-Risk Mortgage
Administration (NCUA) will be
Appraisals.
submitting the following information
Abstract: Section 1471 of the Doddcollection requests to the Office of
Frank
Act established Truth in Lending
Management and Budget (OMB) for
section 129H, which contains appraisal
review and clearance in accordance
requirements applicable to higher-risk
with the Paperwork Reduction Act of
mortgages and prohibits a creditor from
1995 on or after the date of publication
extending credit in the form of a higherof this notice.
risk mortgage loan to any consumer
DATES: Comments should be received on
or before January 21, 2021 to be assured without meeting those requirements. A
higher-risk mortgage is defined as a
of consideration.
residential mortgage loan secured by a
ADDRESSES: Written comments and
principal dwelling with an annual
recommendations for the proposed
percentage rate that exceeds the average
information collection should be sent
prime offer rate for a comparable
within 30 days of publication of this
transaction as of the date the interest
notice to www.reginfo.gov/public/do/
rate is set by certain enumerated
PRAMain. Find this particular
percentage point spreads. To implement
information collection by selecting
this statutory requirement, a final rule
‘‘Currently under 30-day Review—Open
was promulgated to amend 12 CFR part
for Public Comments’’ or by using the
1026, Regulation Z.
search function.
The recordkeeping and disclosure
FOR FURTHER INFORMATION CONTACT:
requirements prescribed under
Copies of the submission may be
§ 1026.35 are necessary to protect
obtained by contacting Dawn Wolfgang
consumers, and promote the safety and
at (703) 548–2279, emailing
soundness of creditors making higherPRAComments@ncua.gov, or viewing
risk mortgage loans.
the entire information collection request
Type of Review: Extension of a
at www.reginfo.gov.
currently approved collection.
SUPPLEMENTARY INFORMATION:
Affected Public: Private Sector: NotOMB Number: 3133–0067.
for-profit institutions.
Title: Corporate Credit Union Monthly
Estimated Total Annual Burden
Call Report and Annual Report of
Hours: 276.
Officers.
By Melane Conyers-Ausbrooks,
Form: NCUA 5310.
Secretary of the Board, the National
Abstract: Section 202(a)(1) of the
Credit Union Administration, on
Federal Credit Union Act (Act) requires
December 16, 2020.
federally insured credit unions to make
Dated: December 17, 2020.
reports of condition to the NCUA Board
Dawn
D. Wolfgang,
upon dates selected by it. Corporate
NCUA PRA Clearance Officer.
credit unions report this information
[FR Doc. 2020–28182 Filed 12–21–20; 8:45 am]
monthly on NCUA Form 5310, also
known as the Corporate Credit Union
BILLING CODE 7535–01–P
jbell on DSKJLSW7X2PROD with NOTICES
collection is an application for a
research card, which people need before
they can access original records in a
NARA facility. Respondents are
individuals who wish to use original
archival records. NARA uses the
information to screen individuals, to
identify which types of records they can
use, and to allow further contact.
VerDate Sep<11>2014
17:30 Dec 21, 2020
Jkt 253001
PO 00000
Frm 00116
Fmt 4703
Sfmt 4703
83625
NATIONAL CREDIT UNION
ADMINISTRATION
Agency Information Collection
Activities: Proposed Collection;
Comment Request; Fair Credit
Reporting Disclosure and
Recordkeeping Requirements
National Credit Union
Administration (NCUA).
ACTION: Notice and request for comment.
AGENCY:
The National Credit Union
Administration (NCUA), as part of a
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to comment on the following
extension of a currently approved
collection, as required by the Paperwork
Reduction Act of 1995.
DATES: Written comments should be
received on or before February 22, 2021
to be assured consideration.
ADDRESSES: Interested persons are
invited to submit written comments on
the information collection to Dawn
Wolfgang, National Credit Union
Administration, 1775 Duke Street, Suite
6032, Alexandria, Virginia 22314; Fax
No. 703–548–2279; or email at
PRAComments@NCUA.gov. Given the
limited in-house staff because of the
COVID–19 pandemic, email comments
are preferred.
FOR FURTHER INFORMATION CONTACT:
Address requests for additional
information to Dawn Wolfgang at the
address above or telephone 703–548–
2279.
SUMMARY:
SUPPLEMENTARY INFORMATION:
OMB Number: 3133–0165.
Title: Fair Credit Reporting (FCRA).
Type of Review: Extension of a
currently approved collection.
Abstract: The Fair Credit Reporting
Act (FCRA) (15 U.S.C. 1681 et seq.) sets
standards for the collection,
communication, and use of information
bearing on a consumer’s
creditworthiness, credit standing, credit
capacity, character, general reputation,
personal characteristics, or mode of
living. FCRA has been revised
numerous times since it took effect,
notably by passage of the Consumer
Credit Reporting Reform Act of 1996,
the Gramm-Leach-Bliley Act of 1999,
and the Fair and Accurate Credit
Transactions Act of 2003.
The Dodd-Frank Wall Street Reform
and Consumer Protection Act (DFA)
amended a number of consumer
financial protection laws, including
most provisions of FCRA. In addition to
substantive amendments, the DFA
transferred rulemaking authority for
E:\FR\FM\22DEN1.SGM
22DEN1
jbell on DSKJLSW7X2PROD with NOTICES
83626
Federal Register / Vol. 85, No. 246 / Tuesday, December 22, 2020 / Notices
most provisions of FCRA to the
Consumer Financial Protection Bureau
(CFPB). Pursuant to the DFA and FCRA,
as amended, CFPB promulgated
Regulation V, 12 CFR 1022, to
implement those provisions of FCRA for
which CFPB has rulemaking authority.
Regulation V contains several
requirements that impose information
collection requirements on federal
credit unions (FCUs).
The DFA did not transfer certain
rulemaking authority under FCRA.
Specifically, the DFA did not transfer to
CFPB the authority to promulgate the
requirement to properly dispose of
consumer information; rules on identity
theft red flags and corresponding
interagency guidelines on identity theft
detection, prevention, and mitigation,
and rules on the duties of card issuers
regarding changes of address. These
provisions are promulgated in NCUA’s
Fair Credit Reporting regulation, 12 CFR
717, which applies to federal credit
unions.
The collection of information
pursuant to Parts 1022 and 717 is
triggered by specific events and
disclosures and must be provided to
consumers within the time periods
established under the regulation.
Affected Public: Private Sector: Notfor-profit institutions; Individuals or
Households.
Estimated Number of Respondents:
FCU: 3,232; Consumer: 143,300.
Estimated Frequency of Response:
Upon occurrence of triggering action.
Estimated Burden Hours per
Response: FCU: 5.07; Consumer: 0.08.
Estimated Total Annual Burden
Hours: 272,686 (FCU: 248,827;
Consumer: 23,859).
Request for Comments: Comments
submitted in response to this notice will
be summarized and included in the
request for Office of Management and
Budget approval. All comments will
become a matter of public record. The
public is invited to submit comments
concerning: (a) Whether the collection
of information is necessary for the
proper execution of the function of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information, including the validity of
the methodology and assumptions used;
(c) ways to enhance the quality, utility,
and clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of the
information on the respondents,
including the use of automated
collection techniques or other forms of
information technology.
VerDate Sep<11>2014
17:30 Dec 21, 2020
Jkt 253001
By Melane Conyers-Ausbrooks,
Secretary of the Board, the National
Credit Union Administration, on
December 16, 2020.
Dated: December 17, 2020.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2020–28184 Filed 12–21–20; 8:45 am]
BILLING CODE 7535–01–P
NATIONAL SCIENCE FOUNDATION
Agency Information Collection
Activities: Comment Request; National
Science Foundation-Managed Honor
Awards
National Science Foundation.
Submission for OMB Review;
comment request.
AGENCY:
ACTION:
The National Science
Foundation (NSF) has submitted the
following information collection
requirement to OMB for review and
clearance under the Paperwork
Reduction Act of 1995. This is the
second notice for public comment; the
first was published in the Federal
Register, and no comments were
received. NSF is forwarding the
proposed submission to the Office of
Management and Budget (OMB) for
clearance simultaneously with the
publication of this second notice.
DATES: 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/
PRAmain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Suzanne H. Plimpton, Reports Clearance
Officer, National Science Foundation,
2415 Eisenhower Avenue, Alexandria,
VA 22314, or send email to splimpto@
nsf.gov. Individuals who use a
telecommunications device for the deaf
(TDD) may call the Federal Information
Relay Service (FIRS) at 1–800–877–
8339, which is accessible 24 hours a
day, 7 days a week, 365 days a year
(including federal holidays).
Copies of the submission may be
obtained by calling 703–292–7556.
SUPPLEMENTARY INFORMATION: NSF may
not conduct or sponsor a collection of
information unless the collection of
information displays a currently valid
OMB control number and the agency
informs potential persons who are to
respond to the collection of information
that such persons are not required to
SUMMARY:
PO 00000
Frm 00117
Fmt 4703
Sfmt 4703
respond to the collection of information
unless it displays a currently valid OMB
control number.
Title of Collection: Business Systems
Review Guide.
OMB Number: 3145–NEW.
Type of Request: Request for approval
to establish an information collection.
Proposed Project: The National
Science Foundation Act of 1950 (Pub. L.
81–507) set forth NSF’s mission and
purpose:
‘‘To promote the progress of science;
to advance the national
health, prosperity, and welfare; to
secure the national defense.* * *’’
The Act authorized and directed NSF
to initiate and support:
b Basic scientific research and
research fundamental to the engineering
process;
b Programs to strengthen scientific
and engineering research potential;
b Science and engineering education
programs at all levels and in all the
various fields of science and
engineering;
b Programs that provide a source of
information for policy formulation; and
b Other activities to promote these
ends.
Among Federal agencies, NSF is a
leader in providing the academic
community with advanced
instrumentation needed to conduct
state-of-the-art research and to educate
the next generation of scientists,
engineers and technical workers. The
knowledge generated by these tools
sustains U.S. leadership in science and
engineering (S&E) to drive the U.S.
economy and secure the future. NSF’s
responsibility is to ensure that the
research and education communities
have access to these resources, and to
provide the support needed to utilize
them optimally, and implement timely
upgrades.
The scale of advanced
instrumentation ranges from small
research instruments to shared
resources or facilities that can be used
by entire communities. The demand for
such instrumentation is very high, and
is growing rapidly, along with the pace
of discovery. For major facilities and
shared infrastructure, the need is
particularly high. This trend is expected
to accelerate in the future as increasing
numbers of researchers and educators
rely on such large facilities,
instruments, and databases to provide
the reach to make the next intellectual
leaps. NSF currently provides support
for facility construction from two
accounts: The Major Research
Equipment and Facility Construction
(MREFC) account, and the Research and
Related Activities (R&RA) account. The
E:\FR\FM\22DEN1.SGM
22DEN1
]]>Agencies
[Federal Register Volume 85, Number 246 (Tuesday, December 22, 2020)]
[Notices]
[Pages 83625-83626]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-28184]
-----------------------------------------------------------------------
NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Proposed Collection;
Comment Request; Fair Credit Reporting Disclosure and Recordkeeping
Requirements
AGENCY: National Credit Union Administration (NCUA).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The National Credit Union Administration (NCUA), as part of a
continuing effort to reduce paperwork and respondent burden, invites
the general public and other Federal agencies to comment on the
following extension of a currently approved collection, as required by
the Paperwork Reduction Act of 1995.
DATES: Written comments should be received on or before February 22,
2021 to be assured consideration.
ADDRESSES: Interested persons are invited to submit written comments on
the information collection to Dawn Wolfgang, National Credit Union
Administration, 1775 Duke Street, Suite 6032, Alexandria, Virginia
22314; Fax No. 703-548-2279; or email at [email protected]. Given
the limited in-house staff because of the COVID-19 pandemic, email
comments are preferred.
FOR FURTHER INFORMATION CONTACT: Address requests for additional
information to Dawn Wolfgang at the address above or telephone 703-548-
2279.
SUPPLEMENTARY INFORMATION:
OMB Number: 3133-0165.
Title: Fair Credit Reporting (FCRA).
Type of Review: Extension of a currently approved collection.
Abstract: The Fair Credit Reporting Act (FCRA) (15 U.S.C. 1681 et
seq.) sets standards for the collection, communication, and use of
information bearing on a consumer's creditworthiness, credit standing,
credit capacity, character, general reputation, personal
characteristics, or mode of living. FCRA has been revised numerous
times since it took effect, notably by passage of the Consumer Credit
Reporting Reform Act of 1996, the Gramm-Leach-Bliley Act of 1999, and
the Fair and Accurate Credit Transactions Act of 2003.
The Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA)
amended a number of consumer financial protection laws, including most
provisions of FCRA. In addition to substantive amendments, the DFA
transferred rulemaking authority for
[[Page 83626]]
most provisions of FCRA to the Consumer Financial Protection Bureau
(CFPB). Pursuant to the DFA and FCRA, as amended, CFPB promulgated
Regulation V, 12 CFR 1022, to implement those provisions of FCRA for
which CFPB has rulemaking authority. Regulation V contains several
requirements that impose information collection requirements on federal
credit unions (FCUs).
The DFA did not transfer certain rulemaking authority under FCRA.
Specifically, the DFA did not transfer to CFPB the authority to
promulgate the requirement to properly dispose of consumer information;
rules on identity theft red flags and corresponding interagency
guidelines on identity theft detection, prevention, and mitigation, and
rules on the duties of card issuers regarding changes of address. These
provisions are promulgated in NCUA's Fair Credit Reporting regulation,
12 CFR 717, which applies to federal credit unions.
The collection of information pursuant to Parts 1022 and 717 is
triggered by specific events and disclosures and must be provided to
consumers within the time periods established under the regulation.
Affected Public: Private Sector: Not-for-profit institutions;
Individuals or Households.
Estimated Number of Respondents: FCU: 3,232; Consumer: 143,300.
Estimated Frequency of Response: Upon occurrence of triggering
action.
Estimated Burden Hours per Response: FCU: 5.07; Consumer: 0.08.
Estimated Total Annual Burden Hours: 272,686 (FCU: 248,827;
Consumer: 23,859).
Request for Comments: Comments submitted in response to this notice
will be summarized and included in the request for Office of Management
and Budget approval. All comments will become a matter of public
record. The public is invited to submit comments concerning: (a)
Whether the collection of information is necessary for the proper
execution of the function of the agency, including whether the
information will have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collection of
the information on the respondents, including the use of automated
collection techniques or other forms of information technology.
By Melane Conyers-Ausbrooks, Secretary of the Board, the National
Credit Union Administration, on December 16, 2020.
Dated: December 17, 2020.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2020-28184 Filed 12-21-20; 8:45 am]
BILLING CODE 7535-01-P
