Agency Information Collection Activities; Proposed Collection; Comment Request; Extension, 29581-29583 [2021-11596]
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Federal Register / Vol. 86, No. 104 / Wednesday, June 2, 2021 / Notices
Dated: May 28, 2021.
Dale Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2021–11705 Filed 5–28–21; 4:15 pm]
BILLING CODE 6705–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension
Federal Trade Commission.
Notice.
AGENCY:
ACTION:
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
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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
applications are set forth in paragraph 7
of the Act (12 U.S.C. 1817(j)(7)).
The public portions of 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(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. 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
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 June 17, 2021.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. WaterStone Bank SSB 2015
Amended and Restated Employee Stock
Ownership Plan and Waterstone Bank
SSB 401(K) Plan; to acquire voting
shares of WaterStone Financial, Inc.,
and thereby indirectly acquire voting
shares of WaterStone Bank, all of
Wauwatosa, Wisconsin.
Board of Governors of the Federal Reserve
System, May 27, 2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021–11588 Filed 6–1–21; 8:45 am]
BILLING CODE P
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In accordance with the
Paperwork Reduction Act of 1995
(PRA), the Federal Trade Commission
(FTC or Commission) is seeking public
comment on its proposal to extend for
an additional three years the Office of
Management and Budget (OMB)
clearance for information collection
requirements contained in the rules and
regulations under the Fur Products
Labeling Act (Fur Rules or Rules). That
clearance expires on August 31, 2021.
DATES: Comments must be received on
or before August 2, 2021.
ADDRESSES: Interested parties may file a
comment online or on paper by
following the instructions in the
Request for Comments part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘Fur Rules; PRA
Comment: FTC File No. P072108’’ 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: Jock
K. Chung, Attorney, Division of
Enforcement, Bureau of Consumer
Protection, Federal Trade Commission,
Mail Code CC–9528, 600 Pennsylvania
Ave. NW, Washington, DC 20580, (202)
326–2984.
SUPPLEMENTARY INFORMATION: Title:
Rules and regulations under the Fur
Products Labeling Act, 16 CFR part 301.
OMB Control Number: 3084–0099.
Type of Review: Extension of a
currently approved collection.
Likely Respondents: Retailers,
manufacturers, processors, and
importers of furs and fur products.
Frequency of Response: Third party
disclosure; recordkeeping requirement.
Estimated Annual Hours Burden:
303,001 hours (50,100 hours for
recordkeeping + 252,901 hours for
disclosure).
Recordkeeping: 50,100 hours [950
retailers incur an average recordkeeping
SUMMARY:
FEDERAL RESERVE SYSTEM
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29581
burden of about 18 hours per year
(17,100 hours total); 75 manufacturers
incur an average recordkeeping burden
of about 60 hours per year (4,500 hours
total); and 950 importers of furs and fur
products incur an average
recordkeeping burden of 30 hours per
year (28,500 hours total)].
Disclosure: 252,901 hours [(214,834
hours for labeling + 67 hours for
invoices + 38,000 hours for
advertising)].
Estimated annual cost burden:
$5,194,259 (solely relating to labor
costs).
Abstract: The Fur Products Labeling
Act (Fur Act) 1 prohibits the
misbranding and false advertising of fur
products. The Fur Rules establish
disclosure requirements that assist
consumers in making informed
purchasing decisions, and
recordkeeping requirements that assist
the Commission in enforcing the Rules.
The Rules also provide a procedure for
exemption from certain disclosure
provisions under the Fur Act.
As required by section 3506(c)(2)(A)
of the PRA, 44 U.S.C. 3506(c)(2)(A), the
FTC is providing this opportunity for
public comment before requesting that
OMB extend the existing clearance for
the information collection requirements
contained in the Commission’s Fur
Rules.
Burden Statement
Staff’s burden estimates are based on
data from the Department of Labor’s
Bureau of Labor Statistics (BLS) and
data or other input from the Fur
Industry Council of America. The
relevant information collection
requirements in these rules and staff’s
corresponding burden estimates follow.
The estimates address the number of
hours needed and the labor costs
incurred to comply with the
requirements.
The Fur Products Labeling Act (Fur
Act) 2 prohibits the misbranding and
false advertising of fur products. The
Fur Rules establish disclosure
requirements that assist consumers in
making informed purchasing decisions,
and recordkeeping requirements that
assist the Commission in enforcing the
Rules. The Rules also provide a
procedure for exemption from certain
disclosure provisions under the Fur Act.
Estimated annual hours burden:
303,001 hours (50,100 hours for
recordkeeping + 252,901 hours for
disclosure).
Recordkeeping: The Fur Rules require
that retailers, manufacturers, processors,
1 15
2 15
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U.S.C. 69 et seq.
U.S.C. 69 et seq.
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Federal Register / Vol. 86, No. 104 / Wednesday, June 2, 2021 / Notices
and importers of furs and fur products
keep certain records in addition to those
they may keep in the ordinary course of
business. Staff estimates that 950
retailers incur an average recordkeeping
burden of about 18 hours per year
(17,100 hours total); 75 manufacturers
incur an average recordkeeping burden
of about 60 hours per year (4,500 hours
total); and 950 importers of furs and fur
products incur an average
recordkeeping burden of 30 hours per
year (28,500 hours total). The combined
recordkeeping burden for the industry is
approximately 50,100 hours annually.
Disclosure: Staff estimates that 1,025
respondents (75 manufacturers + 950
retail sellers of fur garments) each
require an average of 30 hours per year
to determine label content (30,750 hours
total), and an average of 30 hours per
year to draft and order labels (30,750
hours total). Staff estimates that the total
number of garments subject to the fur
labeling requirements annually is
approximately 3,680,000.3 Staff
estimates that for approximately 50
percent of these garments (1,840,000)
labels are attached manually, requiring
approximately four minutes per garment
for a total of 122,667 hours annually.
For the remaining 1,840,000, the process
of attaching labels is semi-automated
and requires an average of
approximately one minute per item, for
a total of 30,667 hours. Thus, the total
burden for attaching labels is 153,334
hours, and the total burden for labeling
garments is 61,500 hours per year
(30,750 hours to determine label content
+ 30,750 hours to draft and order
labels).
Staff estimates that the incremental
burden associated with the Fur Rules’
invoice disclosure requirement, beyond
the time that would be devoted to
preparing invoices in the absence of the
Rules, is approximately one minute per
Task
Hourly rate
Burden hours
Labor cost
Determine label content ...............................................................................................................
Draft and order labels ..................................................................................................................
Attach labels ................................................................................................................................
Invoice disclosures ......................................................................................................................
Prepare advertising disclosures ..................................................................................................
Recordkeeping .............................................................................................................................
$30.00
19.00
5 13.00
14.00
30.00
18.00
30,750
30,750
122,667
67
38,000
50,100
$922,500
584,250
1,594,671
938
1,140,000
951,900
Total ......................................................................................................................................
........................
........................
5,194,259
Pursuant to Section 3506(c)(2)(A) of
the PRA, the FTC invites comments on:
(1) Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(2) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information, including the validity of
the methodology and assumptions used;
(3) ways to enhance the quality, utility,
and clarity of the information to be
collected; and (4) ways to minimize the
burden of maintaining records and
providing disclosures to consumers. All
comments must be received on or before
August 2, 2021.
You can file a comment online or on
paper. For the FTC to consider your
comment, we must receive it on or
before August 2, 2021. Write ‘‘Fur Rules;
PRA Comment: FTC File No. P072108’’
on your comment. 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.
Due to the public health emergency in
response to the COVID–19 outbreak and
the agency’s heightened security
screening, postal mail addressed to the
Commission will be subject to delay. 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 ‘‘Fur Rules; PRA Comment:
FTC File No. P072108’’ 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–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 become
publicly available at https://
www.regulations.gov, you are solely
responsible for making sure that your
comment does not include any sensitive
or confidential information. In
3 The total number of imported fur garments, furtrimmed garments, and fur accessories is estimated
to be approximately 3,500,000 based on industry
data. Estimated domestic production totals 180,000.
4 The invoice disclosure burden for PRA purposes
excludes the time that respondents would spend for
invoicing, apart from the Fur Rules, in the ordinary
course of business. See 5 CFR 1320.3(b)(2).
5 Per industry sources, most fur labeling is done
in the United States. This rate is reflective of an
average domestic hourly wage for such tasks
performed in the United States, which is derived
from recent BLS statistics.
Staff believes that there are no current
start-up costs or other capital costs
associated with the Fur Rules. Because
the labeling of fur products has been an
integral part of the manufacturing
process for decades, manufacturers have
in place the capital equipment
necessary to comply with the Rules’
labeling requirements. Industry sources
indicate that much of the information
required by the Fur Act and Rules
would be included on the product label
even absent the Rules. Similarly,
invoicing, recordkeeping, and
advertising disclosures are tasks
performed in the ordinary course of
business so that covered firms would
incur no additional capital or other nonlabor costs as a result of the Act or the
Rules.
Request for Comments
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invoice for pelts.4 The invoice
disclosure requirement applies to fur
pelts, which are generally sold in groups
of at least 1100, on average. Based on
information from the Fur Industry
Council of America, staff estimates total
sales of 4,450,000 pelts annually. Thus,
the invoice disclosure requirement
entails an estimated total burden of 67
hours (4,046 total invoices × one
minute).
Staff estimates that the Fur Rules’
advertising disclosure requirements
impose an average burden of 40 hours
per year for each of the approximately
950 domestic fur retailers, or a total of
38,000 hours.
Thus, staff estimates the total
disclosure burden to be approximately
252,901 hours.
Estimated annual cost burden:
$5,194,259 (solely relating to labor
costs). The chart below summarizes the
total estimated costs.
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Federal Register / Vol. 86, No. 104 / Wednesday, June 2, 2021 / Notices
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 August 2, 2021. 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.
Josephine Liu,
Assistant General Counsel for Legal Counsel.
[FR Doc. 2021–11596 Filed 6–1–21; 8:45 am]
BILLING CODE 6750–01–P
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completed by individuals who are
nominated by the President for highAgency Information Collection
level executive branch positions
Activities; Information Collection
requiring Senate confirmation and
Renewal; Comment Request for OGE
individuals entering into and departing
Form 278e Executive Branch
from other public reporting positions in
Personnel Public Financial Disclosure
the executive branch. The financial
Report
information collected relates to: Assets
and income; transactions; gifts,
AGENCY: Office of Government Ethics
reimbursements and travel expenses;
(OGE).
liabilities; agreements or arrangements;
ACTION: Notice and request for
outside positions; and compensation
comments.
over $5,000 paid by a source—all
subject to various reporting thresholds
SUMMARY: After this first round notice
and exclusions. The information is
and public comment period, the Office
collected in accordance with section
of Government Ethics (OGE) intends to
102 of the Ethics in Government Act, 5
request that the Office of Management
U.S.C. app. sec. 102, as amended by the
and Budget (OMB) renew its approval
Representative Louise McIntosh
under the Paperwork Reduction Act for
Slaughter Stop Trading on
an existing information collection,
Congressional Knowledge Act of 2012
entitled the OGE Form 278e Executive
(Pub. L. 112–105) (STOCK Act) and
Branch Personnel Public Financial
OGE’s implementing financial
Disclosure Report.
disclosure regulations at 5 CFR part
DATES: Written comments by the public
2634.
and agencies on this proposed extension
In 2013, OGE sought and received
are invited and must be received by
approval for the OGE Form 278e, an
August 2, 2021.
electronic version of the Form 278,
ADDRESSES: Comments may be
implemented pursuant to the e-filing
submitted to OGE by any of the
system mandated under section 11(b) of
following methods:
the STOCK Act. The OGE Form 278e
Email: usoge@oge.gov (Include
collects the same information as the
reference to ‘‘OGE Form 278e
OGE Form 278. In 2014, OGE sought
paperwork comment’’ in the subject line and received approval to incorporate the
of the message.)
OGE Form 278e into its Integrity e-filing
Mail, Hand Delivery/Courier: Office of application. Integrity has been in use
Government Ethics, 1201 New York
since January 1, 2015, and OGE now
Avenue NW, Suite 500, Attention: Grant requires filers to use a version of the
Anderson, Assistant Counsel,
OGE Form 278e rather than the old OGE
Washington, DC 20005–3917.
Form 278. The version of the Form 278e
Instructions: Comments may be
that is produced by Integrity is a
posted on OGE’s website, www.oge.gov.
streamlined output report format that
Sensitive personal information, such as
presents only the filer’s inputs in given
account numbers or Social Security
categories and does not report other
numbers, should not be included.
categories not selected by the filer. OGE
Comments generally will not be edited
also continues to maintain an Excel
to remove any identifying or contact
version of the form and a 508 compliant
information.
PDF version on its website.
FOR FURTHER INFORMATION CONTACT:
OMB Control Number: 3209–0001.
Grant Anderson at the U.S. Office of
Type of Information Collection:
Government Ethics; telephone: 202–
Extension of a currently approved
482–9318; TTY: 800–877–8339; Email:
collection.
ganderso@oge.gov. An electronic copy
Type of Review Request: Regular.
of the OGE Form 278e is available on
Affected Public: Private citizen
OGE’s website at https://www.oge.gov. A Presidential nominees to executive
paper copy may also be obtained,
branch positions subject to Senate
without charge, by contacting Mr.
confirmation; other private citizens who
Anderson.
are potential (incoming) Federal
employees whose positions are
SUPPLEMENTARY INFORMATION:
designated for public disclosure filing;
Title: Executive Branch Personnel
those who file termination reports from
Public Financial Disclosure Report.
such positions after their Government
Agency Form Number: OGE Form
service ends; and Presidential and Vice278e.
Presidential candidates.
Abstract: The OGE Form 278 collects
Estimated Annual Number of
information from certain officers and
Respondents: 3,196.
high-level employees in the executive
Estimated Time per Response: 10
branch for conflicts of interest review
hours.
and public disclosure. The form is also
OFFICE OF GOVERNMENT ETHICS
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]]>Agencies
[Federal Register Volume 86, Number 104 (Wednesday, June 2, 2021)]
[Notices]
[Pages 29581-29583]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-11596]
=======================================================================
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FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension
AGENCY: Federal Trade Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Federal Trade Commission (FTC or Commission) is seeking public
comment on its proposal to extend for an additional three years the
Office of Management and Budget (OMB) clearance for information
collection requirements contained in the rules and regulations under
the Fur Products Labeling Act (Fur Rules or Rules). That clearance
expires on August 31, 2021.
DATES: Comments must be received on or before August 2, 2021.
ADDRESSES: Interested parties may file a comment online or on paper by
following the instructions in the Request for Comments part of the
SUPPLEMENTARY INFORMATION section below. Write ``Fur Rules; PRA
Comment: FTC File No. P072108'' 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: Jock K. Chung, Attorney, Division of
Enforcement, Bureau of Consumer Protection, Federal Trade Commission,
Mail Code CC-9528, 600 Pennsylvania Ave. NW, Washington, DC 20580,
(202) 326-2984.
SUPPLEMENTARY INFORMATION: Title: Rules and regulations under the Fur
Products Labeling Act, 16 CFR part 301.
OMB Control Number: 3084-0099.
Type of Review: Extension of a currently approved collection.
Likely Respondents: Retailers, manufacturers, processors, and
importers of furs and fur products.
Frequency of Response: Third party disclosure; recordkeeping
requirement.
Estimated Annual Hours Burden: 303,001 hours (50,100 hours for
recordkeeping + 252,901 hours for disclosure).
Recordkeeping: 50,100 hours [950 retailers incur an average
recordkeeping burden of about 18 hours per year (17,100 hours total);
75 manufacturers incur an average recordkeeping burden of about 60
hours per year (4,500 hours total); and 950 importers of furs and fur
products incur an average recordkeeping burden of 30 hours per year
(28,500 hours total)].
Disclosure: 252,901 hours [(214,834 hours for labeling + 67 hours
for invoices + 38,000 hours for advertising)].
Estimated annual cost burden: $5,194,259 (solely relating to labor
costs).
Abstract: The Fur Products Labeling Act (Fur Act) \1\ prohibits the
misbranding and false advertising of fur products. The Fur Rules
establish disclosure requirements that assist consumers in making
informed purchasing decisions, and recordkeeping requirements that
assist the Commission in enforcing the Rules. The Rules also provide a
procedure for exemption from certain disclosure provisions under the
Fur Act.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 69 et seq.
---------------------------------------------------------------------------
As required by section 3506(c)(2)(A) of the PRA, 44 U.S.C.
3506(c)(2)(A), the FTC is providing this opportunity for public comment
before requesting that OMB extend the existing clearance for the
information collection requirements contained in the Commission's Fur
Rules.
Burden Statement
Staff's burden estimates are based on data from the Department of
Labor's Bureau of Labor Statistics (BLS) and data or other input from
the Fur Industry Council of America. The relevant information
collection requirements in these rules and staff's corresponding burden
estimates follow. The estimates address the number of hours needed and
the labor costs incurred to comply with the requirements.
The Fur Products Labeling Act (Fur Act) \2\ prohibits the
misbranding and false advertising of fur products. The Fur Rules
establish disclosure requirements that assist consumers in making
informed purchasing decisions, and recordkeeping requirements that
assist the Commission in enforcing the Rules. The Rules also provide a
procedure for exemption from certain disclosure provisions under the
Fur Act.
---------------------------------------------------------------------------
\2\ 15 U.S.C. 69 et seq.
---------------------------------------------------------------------------
Estimated annual hours burden: 303,001 hours (50,100 hours for
recordkeeping + 252,901 hours for disclosure).
Recordkeeping: The Fur Rules require that retailers, manufacturers,
processors,
[[Page 29582]]
and importers of furs and fur products keep certain records in addition
to those they may keep in the ordinary course of business. Staff
estimates that 950 retailers incur an average recordkeeping burden of
about 18 hours per year (17,100 hours total); 75 manufacturers incur an
average recordkeeping burden of about 60 hours per year (4,500 hours
total); and 950 importers of furs and fur products incur an average
recordkeeping burden of 30 hours per year (28,500 hours total). The
combined recordkeeping burden for the industry is approximately 50,100
hours annually.
Disclosure: Staff estimates that 1,025 respondents (75
manufacturers + 950 retail sellers of fur garments) each require an
average of 30 hours per year to determine label content (30,750 hours
total), and an average of 30 hours per year to draft and order labels
(30,750 hours total). Staff estimates that the total number of garments
subject to the fur labeling requirements annually is approximately
3,680,000.\3\ Staff estimates that for approximately 50 percent of
these garments (1,840,000) labels are attached manually, requiring
approximately four minutes per garment for a total of 122,667 hours
annually. For the remaining 1,840,000, the process of attaching labels
is semi-automated and requires an average of approximately one minute
per item, for a total of 30,667 hours. Thus, the total burden for
attaching labels is 153,334 hours, and the total burden for labeling
garments is 61,500 hours per year (30,750 hours to determine label
content + 30,750 hours to draft and order labels).
---------------------------------------------------------------------------
\3\ The total number of imported fur garments, fur-trimmed
garments, and fur accessories is estimated to be approximately
3,500,000 based on industry data. Estimated domestic production
totals 180,000.
---------------------------------------------------------------------------
Staff estimates that the incremental burden associated with the Fur
Rules' invoice disclosure requirement, beyond the time that would be
devoted to preparing invoices in the absence of the Rules, is
approximately one minute per invoice for pelts.\4\ The invoice
disclosure requirement applies to fur pelts, which are generally sold
in groups of at least 1100, on average. Based on information from the
Fur Industry Council of America, staff estimates total sales of
4,450,000 pelts annually. Thus, the invoice disclosure requirement
entails an estimated total burden of 67 hours (4,046 total invoices x
one minute).
---------------------------------------------------------------------------
\4\ The invoice disclosure burden for PRA purposes excludes the
time that respondents would spend for invoicing, apart from the Fur
Rules, in the ordinary course of business. See 5 CFR 1320.3(b)(2).
---------------------------------------------------------------------------
Staff estimates that the Fur Rules' advertising disclosure
requirements impose an average burden of 40 hours per year for each of
the approximately 950 domestic fur retailers, or a total of 38,000
hours.
Thus, staff estimates the total disclosure burden to be
approximately 252,901 hours.
Estimated annual cost burden: $5,194,259 (solely relating to labor
costs). The chart below summarizes the total estimated costs.
----------------------------------------------------------------------------------------------------------------
Task Hourly rate Burden hours Labor cost
----------------------------------------------------------------------------------------------------------------
Determine label content......................................... $30.00 30,750 $922,500
Draft and order labels.......................................... 19.00 30,750 584,250
Attach labels................................................... \5\ 13.00 122,667 1,594,671
Invoice disclosures............................................. 14.00 67 938
Prepare advertising disclosures................................. 30.00 38,000 1,140,000
Recordkeeping................................................... 18.00 50,100 951,900
-----------------------------------------------
Total....................................................... .............. .............. 5,194,259
----------------------------------------------------------------------------------------------------------------
Staff believes that there are no current start-up costs or other
capital costs associated with the Fur Rules. Because the labeling of
fur products has been an integral part of the manufacturing process for
decades, manufacturers have in place the capital equipment necessary to
comply with the Rules' labeling requirements. Industry sources indicate
that much of the information required by the Fur Act and Rules would be
included on the product label even absent the Rules. Similarly,
invoicing, recordkeeping, and advertising disclosures are tasks
performed in the ordinary course of business so that covered firms
would incur no additional capital or other non-labor costs as a result
of the Act or the Rules.
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\5\ Per industry sources, most fur labeling is done in the
United States. This rate is reflective of an average domestic hourly
wage for such tasks performed in the United States, which is derived
from recent BLS statistics.
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Request for Comments
Pursuant to Section 3506(c)(2)(A) of the PRA, the FTC invites
comments on: (1) Whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility; (2) the
accuracy of the agency's estimate of the burden of the proposed
collection of information, including the validity of the methodology
and assumptions used; (3) ways to enhance the quality, utility, and
clarity of the information to be collected; and (4) ways to minimize
the burden of maintaining records and providing disclosures to
consumers. All comments must be received on or before August 2, 2021.
You can file a comment online or on paper. For the FTC to consider
your comment, we must receive it on or before August 2, 2021. Write
``Fur Rules; PRA Comment: FTC File No. P072108'' on your comment. 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.
Due to the public health emergency in response to the COVID-19
outbreak and the agency's heightened security screening, postal mail
addressed to the Commission will be subject to delay. 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 ``Fur Rules; PRA
Comment: FTC File No. P072108'' 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-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 become publicly available at https://www.regulations.gov, you are solely responsible for making sure that
your comment does not include any sensitive or confidential
information. In
[[Page 29583]]
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 August 2,
2021. 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.
Josephine Liu,
Assistant General Counsel for Legal Counsel.
[FR Doc. 2021-11596 Filed 6-1-21; 8:45 am]
BILLING CODE 6750-01-P
