Agency Information Collection Activities; Proposed Collection; Comment Request; Extension, 59922-59923 [2023-18769]
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59922
Federal Register / Vol. 88, No. 167 / Wednesday, August 30, 2023 / Notices
lotter on DSK11XQN23PROD with NOTICES1
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 September 14, 2023.
A. Federal Reserve Bank of Chicago:
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414.
Comments can also be sent
electronically to
Comments.applications@chi.frb.org:
1. JFG Control, LP, a proposed
qualified family partnership, the general
partner of which is IPJ 2012 JFG Trust,
Helen P. Johnson-Leipold, trustee, all of
Racine, Wisconsin; to join the Johnson
Family Control Group and acquire
voting shares of Johnson Financial
Group, Inc., thereby indirectly acquiring
voting shares of Johnson Bank, both of
Racine, Wisconsin.
B. Federal Reserve Bank of Kansas
City: (Jeffrey Imgarten, Assistant Vice
President) One Memorial Drive, Kansas
City, Missouri 64198. Comments can
also be sent electronically to
CApplicationComments@kc.frb.org:
1. Shawn Grubb, Weatherford,
Oklahoma, and Kenneth Baker as cotrustees of the Derek Joseph Grubb 2012
Trust, and the Jordan Alyssa Grubb
2012 Trust, all of Clinton, Oklahoma;
and the Washita Valley Trust, Clinton,
Oklahoma, Kenneth Baker, trustee; to
become members of the Shawn Grubb
Family Control Group, a group acting in
concert, to acquire voting shares of
Hydro Bancshares, Inc., and thereby
indirectly acquire voting shares of Bank
of Hydro, both of Hydro, Oklahoma.
Shawn Grubb, co-trustee, has been
previously approved by the Federal
Reserve Board.
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023–18655 Filed 8–29–23; 8:45 am]
BILLING CODE P
VerDate Sep<11>2014
17:31 Aug 29, 2023
Jkt 259001
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension
Federal Trade Commission.
Notice.
AGENCY:
ACTION:
The Federal Trade
Commission (‘‘FTC’’ or ‘‘Commission’’)
is seeking public comments on its
proposal to extend for an additional
three years the current Paperwork
Reduction Act (‘‘PRA’’) clearance for
information collection requirements
contained in the FTC’s trade regulation
rule entitled ‘‘Use of Prenotification
Negative Option Plans’’ (‘‘Negative
Option Rule’’ or ‘‘Rule’’). That clearance
expires on January 31, 2024.
DATES: Comments must be filed by
October 30, 2023.
ADDRESSES: Interested parties may file a
comment online or on paper, by
following the instructions in the
Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘Negative Option Rule;
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.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Katherine Johnson, Attorney, Division
of Enforcement, Federal Trade
Commission, Room CC–9528, 600
Pennsylvania Avenue NW, Washington,
DC 20580, (202) 326–2185.
SUPPLEMENTARY INFORMATION:
Title: Use of Prenotification Negative
Option Plans (Negative Option Rule or
Rule), 16 CFR part 425.1
OMB Control Number: 3084–0104.
Type of Review: Extension without
change of currently approved collection.
Abstract: The Negative Option Rule
governs the operation of prenotification
subscription plans. Under these types of
plans—which can include things such
as a book of the month club, food of the
month club, or clothing items of the
1 The Commission recently published a Notice of
Proposed Rulemaking seeking comment on
proposed amendments to the Commission’s
Negative Option Rule. 88 FR 24716 (Apr. 24, 2023).
The present PRA Notice is not part of that
proceeding and merely seeks comment on the
existing burden estimates for the current Rule,
which applies only to ‘‘prenotification’’ negative
option plans.
PO 00000
Frm 00059
Fmt 4703
Sfmt 4703
month club—a seller provides a
consumer with automatic shipments of
merchandise unless the consumer
affirmatively notifies the seller they do
not want the shipment. The Rule
requires that a seller notify a member
that they will automatically ship
merchandise to the member and bill the
member for the merchandise if the
subscriber fails to expressly reject the
merchandise beforehand within a
prescribed time. The Rule protects
consumers by: (1) requiring that
promotional materials disclose the
terms of membership clearly and
conspicuously; and (2) establishing
procedures for the administration of
such ‘‘negative option’’ plans.
Affected Public: Private Sector: Sellers
of prenotification subscription plans.
Estimated Annual Burden Hours:
2,500 hours.
Estimated Annual Labor Costs:
$152,350 (solely related to labor costs).
Estimated Annual Non-Labor Costs:
$0 or de minimis.
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 Rule.
Burden Statement
Estimated Annual Burden Hours:
2,500.
Based on industry input, FTC staff
estimates that approximately 25 clubs
are subject to the disclosure
requirements contained in the Rule.2
FTC staff further estimates that each
club will require annually about 100
hours to comply with the Rule’s
disclosure requirements. This yields a
total annual burden of 2,500 hours (25
clubs × 100 hours).
Estimated Annual Cost Burden:
$152,350 (solely related to labor costs).
Based on recent data from the Bureau
of Labor Statistics, the mean hourly
wage for advertising and promotion
managers is approximately $70.70 per
hour; 3 compensation for office and
administrative support personnel is
approximately $21.90 per hour.4
2 According to industry input, many firms
previously covered have transitioned to a
subscription-based approach. Thus, the current
estimate is lower than past estimates. Additionally,
industry sources have indicted in the past that a
substantial portion of the existing clubs would
make these disclosures absent the Rule because
they help foster long-term relationships with
consumers.
3 See Occupational Employment and Wages—
May 2022, Table 1, at https://www.bls.gov/
news.release/ocwage.t01.htm (mean hourly wage
rate for advertising and promotion managers).
4 See id. (mean hourly wage rate for office and
administrative support occupations).
E:\FR\FM\30AUN1.SGM
30AUN1
Federal Register / Vol. 88, No. 167 / Wednesday, August 30, 2023 / Notices
Assuming that managers perform the
bulk of the work, and clerical personnel
perform associated tasks (e.g., placing
advertisements and responding to
inquiries about offerings or prices), the
total cost to the industry for the Rule’s
information collection requirements
would be approximately $152,350 [(80
hours managerial time × 25 clubs ×
$70.70 per hour) + (20 hours clerical
time × 25 clubs × $21.90 per hour)].
Because the Rule has been in effect
since 1974, the vast majority of the
negative option clubs have no current
start-up costs. For new clubs entering
the market, the costs associated with the
Rule’s disclosure requirements, beyond
the additional labor costs discussed
above, are de minimis. Negative option
clubs already have access to the
ordinary office equipment necessary to
comply with the Rule. Similarly, the
Rule imposes few, if any, printing and
distribution costs. The required
disclosures generally constitute only a
small addition to the advertising for
negative option plans. Because printing
and distribution expenditures are
incurred to market the product
regardless of the Rule, adding the
required disclosures results in marginal
incremental expense.
lotter on DSK11XQN23PROD with NOTICES1
Request for Comment
Pursuant to section 3506(c)(2)(A) of
the PRA, the FTC invites comments on:
(1) whether the disclosure and
recordkeeping requirements are
necessary, including whether the
information will be practically useful;
(2) the accuracy of our burden estimates,
including whether the methodology and
assumptions used are valid; (3) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(4) ways to minimize the burden of the
collection of information.
For the FTC to consider a comment,
we must receive it on or before October
30, 2023. 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.
You can file a comment online or on
paper. Due to 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 file your comment on paper,
write ‘‘Negative Option Rule; PRA
Comment: FTC File No. P072108’’ on
your comment and on the envelope, and
mail it to the following address: Federal
Trade Commission, Office of the
Secretary, 600 Pennsylvania Avenue
VerDate Sep<11>2014
17:31 Aug 29, 2023
Jkt 259001
NW, Suite CC–5610 (Annex J),
Washington, DC 20580.
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
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 (1) be filed in paper
form, (2) be clearly labeled
‘‘Confidential,’’ and (3) 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 October 30, 2023. For
information on the Commission’s
privacy policy, including routine uses
permitted by the Privacy Act, see
PO 00000
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Fmt 4703
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59923
https://www.ftc.gov/site-information/
privacy-policy.
Josephine Liu,
Assistant General Counsel for Legal Counsel.
[FR Doc. 2023–18769 Filed 8–29–23; 8:45 am]
BILLING CODE 6750–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension
Federal Trade Commission.
Notice.
AGENCY:
ACTION:
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
clearance for information collection
requirements in the Trade Regulation
Rule entitled Labeling and Advertising
of Home Insulation (‘‘R-value Rule’’ or
‘‘Rule’’). That clearance expires on
March 31, 2024.
DATES: Comments must be filed by
October 30, 2023.
ADDRESSES: Interested parties may file a
comment online or on paper, by
following the instructions in the
Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘R-value Rule; 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.
FOR FURTHER INFORMATION CONTACT:
Hampton Newsome, Attorney, Division
of Enforcement, Federal Trade
Commission, Room CC–9528, 600
Pennsylvania Avenue NW, Washington,
DC 20580, (202) 326–2889.
SUPPLEMENTARY INFORMATION:
Title of Collection: R-value Rule, 16
CFR part 460.
OMB Control Number: 3084–0109.
Type of Review: Extension without
change of currently approved collection.
Abstract: The R-value Rule establishes
uniform standards for the substantiation
and disclosure of accurate, material
product information about the thermal
performance characteristics of home
insulation products. The R-value of an
insulation signifies the insulation’s
SUMMARY:
E:\FR\FM\30AUN1.SGM
30AUN1
Agencies
[Federal Register Volume 88, Number 167 (Wednesday, August 30, 2023)]
[Notices]
[Pages 59922-59923]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18769]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension
AGENCY: Federal Trade Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Federal Trade Commission (``FTC'' or ``Commission'') is
seeking public comments on its proposal to extend for an additional
three years the current Paperwork Reduction Act (``PRA'') clearance for
information collection requirements contained in the FTC's trade
regulation rule entitled ``Use of Prenotification Negative Option
Plans'' (``Negative Option Rule'' or ``Rule''). That clearance expires
on January 31, 2024.
DATES: Comments must be filed by October 30, 2023.
ADDRESSES: Interested parties may file a comment online or on paper, by
following the instructions in the Request for Comment part of the
SUPPLEMENTARY INFORMATION section below. Write ``Negative Option Rule;
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.
FOR FURTHER INFORMATION CONTACT: Katherine Johnson, Attorney, Division
of Enforcement, Federal Trade Commission, Room CC-9528, 600
Pennsylvania Avenue NW, Washington, DC 20580, (202) 326-2185.
SUPPLEMENTARY INFORMATION:
Title: Use of Prenotification Negative Option Plans (Negative
Option Rule or Rule), 16 CFR part 425.\1\
---------------------------------------------------------------------------
\1\ The Commission recently published a Notice of Proposed
Rulemaking seeking comment on proposed amendments to the
Commission's Negative Option Rule. 88 FR 24716 (Apr. 24, 2023). The
present PRA Notice is not part of that proceeding and merely seeks
comment on the existing burden estimates for the current Rule, which
applies only to ``prenotification'' negative option plans.
---------------------------------------------------------------------------
OMB Control Number: 3084-0104.
Type of Review: Extension without change of currently approved
collection.
Abstract: The Negative Option Rule governs the operation of
prenotification subscription plans. Under these types of plans--which
can include things such as a book of the month club, food of the month
club, or clothing items of the month club--a seller provides a consumer
with automatic shipments of merchandise unless the consumer
affirmatively notifies the seller they do not want the shipment. The
Rule requires that a seller notify a member that they will
automatically ship merchandise to the member and bill the member for
the merchandise if the subscriber fails to expressly reject the
merchandise beforehand within a prescribed time. The Rule protects
consumers by: (1) requiring that promotional materials disclose the
terms of membership clearly and conspicuously; and (2) establishing
procedures for the administration of such ``negative option'' plans.
Affected Public: Private Sector: Sellers of prenotification
subscription plans.
Estimated Annual Burden Hours: 2,500 hours.
Estimated Annual Labor Costs: $152,350 (solely related to labor
costs).
Estimated Annual Non-Labor Costs: $0 or de minimis.
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 Rule.
Burden Statement
Estimated Annual Burden Hours: 2,500.
Based on industry input, FTC staff estimates that approximately 25
clubs are subject to the disclosure requirements contained in the
Rule.\2\ FTC staff further estimates that each club will require
annually about 100 hours to comply with the Rule's disclosure
requirements. This yields a total annual burden of 2,500 hours (25
clubs x 100 hours).
---------------------------------------------------------------------------
\2\ According to industry input, many firms previously covered
have transitioned to a subscription-based approach. Thus, the
current estimate is lower than past estimates. Additionally,
industry sources have indicted in the past that a substantial
portion of the existing clubs would make these disclosures absent
the Rule because they help foster long-term relationships with
consumers.
---------------------------------------------------------------------------
Estimated Annual Cost Burden: $152,350 (solely related to labor
costs).
Based on recent data from the Bureau of Labor Statistics, the mean
hourly wage for advertising and promotion managers is approximately
$70.70 per hour; \3\ compensation for office and administrative support
personnel is approximately $21.90 per hour.\4\
[[Page 59923]]
Assuming that managers perform the bulk of the work, and clerical
personnel perform associated tasks (e.g., placing advertisements and
responding to inquiries about offerings or prices), the total cost to
the industry for the Rule's information collection requirements would
be approximately $152,350 [(80 hours managerial time x 25 clubs x
$70.70 per hour) + (20 hours clerical time x 25 clubs x $21.90 per
hour)].
---------------------------------------------------------------------------
\3\ See Occupational Employment and Wages--May 2022, Table 1, at
https://www.bls.gov/news.release/ocwage.t01.htm (mean hourly wage
rate for advertising and promotion managers).
\4\ See id. (mean hourly wage rate for office and administrative
support occupations).
---------------------------------------------------------------------------
Because the Rule has been in effect since 1974, the vast majority
of the negative option clubs have no current start-up costs. For new
clubs entering the market, the costs associated with the Rule's
disclosure requirements, beyond the additional labor costs discussed
above, are de minimis. Negative option clubs already have access to the
ordinary office equipment necessary to comply with the Rule. Similarly,
the Rule imposes few, if any, printing and distribution costs. The
required disclosures generally constitute only a small addition to the
advertising for negative option plans. Because printing and
distribution expenditures are incurred to market the product regardless
of the Rule, adding the required disclosures results in marginal
incremental expense.
Request for Comment
Pursuant to section 3506(c)(2)(A) of the PRA, the FTC invites
comments on: (1) whether the disclosure and recordkeeping requirements
are necessary, including whether the information will be practically
useful; (2) the accuracy of our burden estimates, including whether the
methodology and assumptions used are valid; (3) ways to enhance the
quality, utility, and clarity of the information to be collected; and
(4) ways to minimize the burden of the collection of information.
For the FTC to consider a comment, we must receive it on or before
October 30, 2023. 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.
You can file a comment online or on paper. Due to 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 file your comment on paper, write ``Negative Option Rule;
PRA Comment: FTC File No. P072108'' on your comment and on the
envelope, and mail it to the following address: Federal Trade
Commission, Office of the Secretary, 600 Pennsylvania Avenue NW, Suite
CC-5610 (Annex J), Washington, DC 20580.
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 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 (1) be filed in paper form, (2) be clearly labeled
``Confidential,'' and (3) 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 October 30,
2023. 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. 2023-18769 Filed 8-29-23; 8:45 am]
BILLING CODE 6750-01-P