81 FR 28869 - Agency Information Collection Activities; Submission for OMB Review; Comment Request

FEDERAL TRADE COMMISSION

Federal Register Volume 81, Issue 90 (May 10, 2016)

Page Range		28869-28871
FR Document		2016-11035

The information collection requirements described below will be submitted to the Office of Management and Budget (``OMB'') for review, as required by the Paperwork Reduction Act (``PRA''). The FTC seeks public comments on its proposal to extend for an additional three years the current PRA clearance for information collection requirements contained in its regulation ``Duties of Furnishers of Information to Consumer Reporting Agencies'' (``Information Furnishers Rule''), which applies to certain motor vehicle dealers, and its shared enforcement with the Consumer Financial Protection Bureau (``CFPB'') of the furnisher provisions (subpart E) of the CFPB's Regulation V regarding other entities. That clearance expires on August 31, 2016.

Federal Register, Volume 81 Issue 90 (Tuesday, May 10, 2016)

[Federal Register Volume 81, Number 90 (Tuesday, May 10, 2016)]
[Notices]
[Pages 28869-28871]
From the Federal Register Online [www.thefederalregister.org]
[FR Doc No: 2016-11035]

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FEDERAL TRADE COMMISSION

Agency Information Collection Activities; Submission for OMB
Review; Comment Request

AGENCY: Federal Trade Commission (``Commission'' or ``FTC'').

ACTION: Notice.

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SUMMARY: The information collection requirements described below will
be submitted to the Office of Management and Budget (``OMB'') for
review, as required by the Paperwork Reduction Act (``PRA''). The FTC
seeks public comments on its proposal to extend for an additional three
years the current PRA clearance for information collection requirements
contained in its regulation ``Duties of Furnishers of Information to
Consumer Reporting Agencies'' (``Information Furnishers Rule''), which
applies to certain motor vehicle dealers, and its shared enforcement
with the Consumer Financial Protection Bureau (``CFPB'') of the
furnisher provisions (subpart E) of the CFPB's Regulation V regarding
other entities. That clearance expires on August 31, 2016.

DATES: Comments must be submitted on or before June 9, 2016.

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 ``Information Furnishers
Rule, PRA Comment, P135407,'' on your comment and file your comment
online at https://ftcpublic.commentworks.com/ftc/infofurnishersrulepra2, 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: Monique Einhorn, Attorney, Division of
Privacy and Identity Protection, Bureau of Consumer Protection, (202)
326-

[[Page 28870]]

2575, 600 Pennsylvania Ave. NW., CC-8232, Washington, DC 20580.

SUPPLEMENTARY INFORMATION: On February 23, 2016, the Commission sought
comment on the information collection requirements associated with the
Information Furnishers Rule and the Commission's shared enforcement
with the CFPB of the furnisher provisions in subpart E of the CFPB's
Regulation V. 81 FR 8959. No relevant comments were received. Pursuant
to the OMB regulations, 5 CFR part 1320, that implement the PRA, 44
U.S.C. 3501 et seq., the FTC is providing this second opportunity for
public comment while seeking OMB approval to renew the pre-existing
clearance for those information collection requirements. For more
details about the Rule requirements, the background behind these
information collection provisions, and the basis for the calculations
summarized below, see 81 FR 8959. The burden figures below reflect
solely the FTC's estimates assigned to itself, including a portion
reflective of its sole enforcement authority for certain motor vehicle
dealers subject to the FTC rule.\1\
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\1\ The FTC retains rulemaking authority for its Information
Furnishers Rule solely for motor vehicle dealers described in
section 1029(a) of the Dodd-Frank Wall Street Reform and Consumer
Protection Act (Pub. L. 111-203, 124 Stat. 1376 (2010)) that are
predominantly engaged in the sale and servicing of motor vehicles,
the leasing and servicing of motor vehicles, or both.
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Title: Duties of Furnishers of Information to Consumer Reporting
Agencies.
OMB Control Number: 3084-0144.
Type of Review: Extension of currently approved collection.
Estimated Annual Burden:

Section 660.3 of FTC Rule/Section 1022.42 of CFPB Rule:
7,972 hours and $428,017 \2\ in associated labor costs
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\2\ This is an increase from the labor cost estimate in the
February 23, 2016 Federal Register Notice, attributable to an
intervening annual release from the Bureau of Labor Statistics.
Within it, the mean hourly wage for ``Training and development
managers'' rose from the previously shown amount of $53.38 to
$53.69. See http://www.bls.gov/news.release/ocwage.t01.htm
``Occupational Employment and Wages--May 2015,'' Bureau of Labor
Statistics, U.S. Department of Labor, released March 30, 2016, Table
1 (``National employment and wage data from the Occupational
Employment Statistics survey by occupation, May 2015'')
(hereinafter, ``BLS Table 1'').
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Section 660.4 of FTC Rule/Section 1022.43 of CFPB Rule:
2,635 hours and $60,131 \3\ in associated labor costs

\3\ This, too, is an increase from the labor cost estimate in
the February 23, 2016 Federal Register Notice, attributable to an
averaging of updated Bureau of Labor Statistics mean hourly wages
for potentially analogous employee types: First-line supervisors of
office and administrative support workers ($27.01); accounting and
auditing clerks ($18.74); brokerage clerks ($24.83); eligibility
interviewers, government programs ($20.69). See BLS Table 1. This
averages out to $22.82 per hour, rounded.
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Thus, total estimated burden under the above-noted regulatory
sections is 10,607 hours and $488,148 in associated labor costs.
Commission staff believes that the Information Furnishers Rule and
subpart E of Regulation V impose negligible capital or other non-labor
costs, as the affected entities are already likely to have the
necessary supplies and/or equipment (e.g., offices and computers) for
the associated information collection provisions.

Request for Comment

You can file a comment online or on paper. For the Commission to
consider your comment, we must receive it on or before June 9, 2016.
Write ``Information Furnishers Rule, PRA Comment, P135407'' on your
comment. Your comment--including your name and your state--will be
placed on the public record of this proceeding, including to the extent
practicable, on the public Commission Web site, at http://www.ftc.gov/os/publiccomments.shtm. As a matter of discretion, the Commission tries
to remove individuals' home contact information from comments before
placing them on the Commission Web site.
Because your comment will be made public, you are solely
responsible for making sure that your comment does not include any
sensitive personal information, like anyone'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, like medical records or other
individually identifiable health information. In addition, do not
include any ``[t]rade secret or any commercial or financial information
which is . . . privileged or confidential'' as provided in Section 6(f)
of the FTC Act 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16CFR
4.10(a)(2). In particular, do not include competitively sensitive
information such as costs, sales statistics, inventories, formulas,
patterns devices, manufacturing processes, or customer names.
If you want the Commission to give your comment confidential
treatment, you must file it in paper form, with a request for
confidential treatment, and you have to follow the procedure explained
in FTC Rule 4.9(c).\4\ Your comment will be kept confidential only if
the FTC General Counsel grants your request in accordance with the law
and the public interest.
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\4\ 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), 16 CFR 4.9(c).
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Postal mail addressed to the Commission is subject to delay due to
heightened security screening. As a result, we encourage you to submit
your comments online. To make sure that the Commission considers your
online comment, you must file it at https://ftcpublic.commentworks.com/ftc/infofurnishersrulepra2, by following the instructions on the web-
based form. If this Notice appears at http://www.regulations.gov/#!home, you also may file a comment through that Web site.
If you file your comment on paper, write ``Information Furnishers
Rule, PRA Comment, P135407'' on your comment and on the envelope, and
mail or deliver it 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.
Comments on the disclosure requirements subject to review under the
PRA should additionally be submitted to OMB. If sent by U.S. mail, they
should be addressed to Office of Information and Regulatory Affairs,
Office of Management and Budget, Attention: Desk Officer for the
Federal Trade Commission, New Executive Office Building, Docket
Library, Room 10102, 725 17th Street NW., Washington, DC 20503.
Comments sent to OMB by U.S. postal mail, however, are subject to
delays due to heightened security precautions. Thus, comments instead
should be sent by facsimile to (202) 395-5806.
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 June 9, 2016.
For information on the Commission's privacy policy, including routine
uses permitted by the

[[Page 28871]]

Privacy Act, see http://www.ftc.gov/ftc/privacy.htm.

David C. Shonka,
Acting General Counsel.
[FR Doc. 2016-11035 Filed 5-9-16; 8:45 am]
BILLING CODE 6750-01-P

Federal Register / Vol. 81, No. 90 / Tuesday, May 10, 2016 / Notices 28869

Æ Other (please specify) Director of the Division of Consumer and Board of Governors of the Federal Reserve
• Secondary Area of Expertise (select Community Affairs under delegated System, May 5, 2016.
one) authority, May 4, 2016. Michael J. Lewandowski,
Æ Civil rights Margaret M. Shanks, Associate Secretary of the Board.
Æ Community development finance Deputy Secretary of the Board. [FR Doc. 2016–10982 Filed 5–9–16; 8:45 am]
Æ Community reinvestment and [FR Doc. 2016–10945 Filed 5–9–16; 8:45 am] BILLING CODE 6210–01–P
stabilization BILLING CODE 6210–01–P
Æ Consumer protection
Æ Economic and small business
development FEDERAL TRADE COMMISSION
FEDERAL RESERVE SYSTEM
Æ Employment and labor Agency Information Collection
Æ Financial services and technology Formations of, Acquisitions by, and Activities; Submission for OMB
Æ Household wealth building and Mergers of Bank Holding Companies Review; Comment Request
financial stability
Æ Housing and mortgage finance The companies listed in this notice AGENCY: Federal Trade Commission
Æ Rural issues have applied to the Board for approval, (‘‘Commission’’ or ‘‘FTC’’).
Æ Other (please specify) pursuant to the Bank Holding Company
ACTION: Notice.
• Resume* Act of 1956 (12 U.S.C. 1841 et seq.)
Æ The resume should include (BHC Act), Regulation Y (12 CFR part SUMMARY: The information collection
information about past and present 225), and all other applicable statutes requirements described below will be
positions you have held, dates of and regulations to become a bank submitted to the Office of Management
service for each, and a description of holding company and/or to acquire the and Budget (‘‘OMB’’) for review, as
responsibilities. assets or the ownership of, control of, or required by the Paperwork Reduction
• Cover Letter* the power to vote shares of a bank or Act (‘‘PRA’’). The FTC seeks public
Æ The cover letter should explain why bank holding company and all of the comments on its proposal to extend for
you are interested in serving on the banks and nonbanking companies an additional three years the current
CAC as well as what you believe are owned by the bank holding company, PRA clearance for information
your primary qualifications. including the companies listed below. collection requirements contained in its
• Additional Information The applications listed below, as well regulation ‘‘Duties of Furnishers of
Æ At your option, you may also provide as other related filings required by the Information to Consumer Reporting
additional information about your Board, are available for immediate Agencies’’ (‘‘Information Furnishers
qualifications. inspection at the Federal Reserve Bank Rule’’), which applies to certain motor
Qualifications indicated. The applications will also be vehicle dealers, and its shared
available for inspection at the offices of enforcement with the Consumer
The Board is interested in candidates the Board of Governors. Interested
with knowledge of fields such as Financial Protection Bureau (‘‘CFPB’’) of
persons may express their views in the furnisher provisions (subpart E) of
affordable housing, community and writing on the standards enumerated in
economic development, employment the CFPB’s Regulation V regarding other
the BHC Act (12 U.S.C. 1842(c)). If the entities. That clearance expires on
and labor, financial services and proposal also involves the acquisition of
technology, small business, and asset August 31, 2016.
a nonbanking company, the review also
and wealth building, with a particular DATES: Comments must be submitted on
includes whether the acquisition of the
focus on the concerns of low- and or before June 9, 2016.
nonbanking company complies with the
moderate-income consumers and standards in section 4 of the BHC Act ADDRESSES: Interested parties may file a
communities. Candidates do not have to (12 U.S.C. 1843). Unless otherwise comment online or on paper, by
be experts on all topics related to noted, nonbanking activities will be following the instructions in the
consumer financial services or conducted throughout the United States. Request for Comment part of the
community development, but they Unless otherwise noted, comments SUPPLEMENTARY INFORMATION section
should possess some basic knowledge of regarding each of these applications below. Write ‘‘Information Furnishers
these areas and related issues. In must be received at the Reserve Bank Rule, PRA Comment, P135407,’’ on your
appointing members to the CAC, the indicated or the offices of the Board of comment and file your comment online
Board will consider a number of factors, Governors not later than June 6, 2016. at https://ftcpublic.commentworks.com/
including diversity in terms of subject A. Federal Reserve Bank of ftc/infofurnishersrulepra2, by following
matter expertise, geographic Minneapolis (Jacquelyn K. Brunmeier, the instructions on the web-based form.
representation, and the representation of Assistant Vice President) 90 Hennepin If you prefer to file your comment on
women and minority groups. Avenue, Minneapolis, Minnesota paper, mail your comment to the
CAC members must be willing and 55480–0291: following address: Federal Trade
able to make the necessary time 1. Peoples Equity Corporation, Wells, Commission, Office of the Secretary,
commitment to participate in Minnesota; to acquire 100 percent of 600 Pennsylvania Avenue NW., Suite
organizational conference calls and Paragon Bank, Wells, Minnesota. CC–5610 (Annex J), Washington, DC
prepare for and attend meetings two B. Federal Reserve Bank of Kansas 20580, or deliver your comment to the
times per year (usually for two days). City (Dennis Denney, Assistant Vice following address: Federal Trade
asabaliauskas on DSK3SPTVN1PROD with NOTICES

The meetings will be held at the Board’s President) 1 Memorial Drive, Kansas Commission, Office of the Secretary,
offices in Washington, DC. The Board City, Missouri 64198–0001: Constitution Center, 400 7th Street SW.,
will provide a nominal honorarium and 1. First Gothenburg Bancshares, Inc., 5th Floor, Suite 5610 (Annex J),
will reimburse CAC members only for Gothenburg, Nebraska; to acquire 100 Washington, DC 20024.
their actual travel expenses subject to percent of the voting shares of Nebanco, FOR FURTHER INFORMATION CONTACT:
Board policy. Inc., Wallace, Nebraska, and thereby Monique Einhorn, Attorney, Division of
By order of the Board of Governors of the indirectly acquire Farmers State Bank, Privacy and Identity Protection, Bureau
Federal Reserve System, acting through the Wallace, Nebraska. of Consumer Protection, (202) 326–

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Federal Register / Vol. 81, No. 90 / Tuesday, May 10, 2016 / Notices 28871

Privacy Act, see http://www.ftc.gov/ftc/ Division (MVCB), 1800 F Street NW., maintenance, or use of an IFMS vehicle;
privacy.htm. Washington, DC 20405. ATTN: Ms. and
David C. Shonka,
Flowers/IC 9000–0032, Contractor Use • Considered any recommendations
of Interagency Fleet Management of the contractor. The information is
Acting General Counsel. System Vehicles. used by the Government to determine
[FR Doc. 2016–11035 Filed 5–9–16; 8:45 am] Instructions: Please submit comments whether it is in the Government’s best
BILLING CODE 6750–01–P only and cite Information Collection interest to authorize a cost-
9000–0032, Contractor Use of reimbursement contractor, for official
Interagency Fleet Management System purposes only, to use IFMS vehicles and
DEPARTMENT OF DEFENSE Vehicles, in all correspondence related related services.
to this collection. Comments received Authorized contractors shall submit
GENERAL SERVICES generally will be posted without change
ADMINISTRATION requests for IFMS vehicles and related
to http://www.regulations.gov, including services in writing to the appropriate
any personal and/or business GSA point of contact in accordance with
NATIONAL AERONAUTICS AND confidential information provided. To
SPACE ADMINISTRATION the FAR. Contractors’ requests for
confirm receipt of your comment(s), vehicles or related services must
[OMB Control No. 9000–0032; Docket 2016– please check www.regulations.gov, include:
approximately two to three days after
0053; Sequence 30]
submission to verify posting (except • Two copies of the agency
allow 30 days for posting of comments authorization;
Information Collection; Contractor Use
of Interagency Fleet Management submitted by mail). • The number of vehicles and related
System Vehicles services required and period of use;
FOR FURTHER INFORMATION CONTACT: Ms.
Mahruba Uddowla, Procurement • A list of employees who are
AGENCIES: Department of Defense (DOD), Analyst, Office of Governmentwide authorized to request the vehicles or
General Services Administration (GSA), Acquisition Policy, GSA, 703–605–2868 related services;
and National Aeronautics and Space or email at mahruba.uddowla@gsa.gov. • A listing of equipment authorized
Administration (NASA). to be serviced; and
SUPPLEMENTARY INFORMATION:
ACTION: Notice of request for public • Billing instructions and address.
comments regarding an extension to an A. Purpose
existing OMB clearance. B. Annual Reporting Burden
If it is in the best interest of the
Government, the contracting officer may Respondents: 132.
SUMMARY: Under the provisions of the authorize cost-reimbursement
Paperwork Reduction Act, the Responses per Respondent: 1.0.
contractors to obtain, for official
Regulatory Secretariat Division will be Total Annual Responses: 132.
purposes only, interagency fleet
submitting to the Office of Management management system (IFMS) vehicles Hours per Response: 1.0.
and Budget (OMB) a request to review and related services. Federal Total Burden Hours: 132.
and approve an extension of a Acquisition Regulation (FAR) 51.205
previously approved information C. Public Comments
and the clause at FAR 52.251–2,
collection requirement concerning Interagency Fleet Management System Public comments are particularly
contractor use of interagency fleet (IFMS) Vehicles and Related Services invited on: Whether this collection of
management system vehicles. are to be used in solicitations and information is necessary for the proper
DATES: Submit comments on or before contracts when a cost reimbursement performance of functions of the Federal
July 11, 2016. contract is contemplated and the Acquisition Regulations (FAR), and
ADDRESSES: Submit comments contracting officer may authorize the whether it will have practical utility;
identified by Information Collection contractor to use interagency fleet whether our estimate of the public
9000–0032, Contractor Use of management system (IFMS) vehicles burden of this collection of information
Interagency Fleet Management System and related services. is accurate, and based on valid
Vehicles, by any of the following Before a contracting officer may assumptions and methodology; ways to
methods: authorize cost-reimbursement enhance the quality, utility, and clarity
• Regulations.gov: http:// contractors to obtain IFMS vehicles and of the information to be collected; and
www.regulations.gov. Submit comments related services, the contracting officer ways in which we can minimize the
via the Federal eRulemaking portal by must have, among other requirements: burden of the collection of information
searching the OMB control number. • A written statement that the on those who are to respond, through
Select the link ‘‘Submit a Comment’’ contractor will assume, without the the use of appropriate technological
that corresponds with ‘‘Information right of reimbursement from the collection techniques or other forms of
Collection 9000–0032, Contractor Use of Government, the cost or expense of any information technology.
Interagency Fleet Management System use of the IFMS vehicles and services Obtaining Copies of Proposals:
Vehicles’’. Follow the instructions not related to the performance of the Requesters may obtain a copy of the
provided at the ‘‘Submit a Comment’’ contract; information collection documents from
asabaliauskas on DSK3SPTVN1PROD with NOTICES

screen. Please include your name, • Evidence that the contractor has the General Services Administration,
company name (if any), and obtained motor vehicle liability Regulatory Secretariat Division (MVCB),
‘‘Information Collection 9000–0032, insurance covering bodily injury and 1800 F Street NW., Washington, DC
Contractor Use of Interagency Fleet property damage, with limits of liability 20405, telephone 202–501–4755. Please
Management System Vehicles’’ on your as required or approved by the agency, cite OMB Control No. 9000–0032,
attached document. protecting the contractor and the Contractor Use of Interagency Fleet
• Mail: General Services Government against third-party claims Management System Vehicles, in all
Administration, Regulatory Secretariat arising from the ownership, correspondence.

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Document Created: 2016-05-10 05:19:27
Document Modified: 2016-05-10 05:19:27

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		Comments must be submitted on or before June 9, 2016.
Contact		Monique Einhorn, Attorney, Division of Privacy and Identity Protection, Bureau of Consumer Protection, (202) 326- 2575, 600 Pennsylvania Ave. NW., CC-8232, Washington, DC 20580.
FR Citation		81 FR 28869