81 FR 80044 - Agency Information Collection Activities: Submission for OMB Review; Comment Request

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 81, Issue 220 (November 15, 2016)

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Bureau of Consumer Financial Protection (Bureau) is proposing a new information collection titled, ``Application Forms for Financial Empowerment Partnerships.''

[Federal Register Volume 81, Number 220 (Tuesday, November 15, 2016)]
[Notices]
[Pages 80044-80045]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-27427]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No.: CFPB-2016-0047]


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

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Bureau of Consumer Financial Protection (Bureau) is proposing a new 
information collection titled, ``Application Forms for Financial 
Empowerment Partnerships.''

DATES: Written comments are encouraged and must be received on or 
before December 15, 2016 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, OMB Control Number (see below), and docket 
number (see above), by any of the following methods:
     Electronic: http://www.regulations.gov. Follow the 
instructions for submitting comments.
     OMB: Office of Management and Budget, New Executive Office 
Building, Room 10235, Washington, DC 20503 or fax to (202) 395-5806. 
Mailed or faxed comments to OMB should be to the attention of the OMB 
Desk Officer for the Bureau of Consumer Financial Protection.
    Please note that comments submitted after the comment period will 
not be accepted. In general, all comments received will become public 
records, including any personal information provided. Sensitive 
personal information, such as account numbers or Social Security 
numbers, should not be included.

FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of 
this information collection request is available at www.reginfo.gov 
(this link becomes active on the day following publication of this 
notice). Select ``Information Collection Review,'' under ``Currently 
under review, use the dropdown menu ``Select Agency'' and select 
``Consumer Financial Protection Bureau'' (recent submissions to OMB 
will be at the top of the list). The same documentation is also 
available at http://www.regulations.gov. Requests for additional 
information should be directed to the Consumer Financial Protection 
Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC 
20552, (202) 435-9575, or email: [email protected]. Please do not 
submit comments to this email box.

SUPPLEMENTARY INFORMATION:
    Title of Collection: Application Forms for Financial Empowerment 
Partnerships.
    OMB Control Number: 3170-XXXX.
    Type of Review: New collection (Request for a new OMB Control 
Number).
    Affected Public: Private Sector (e.g., community-based 
organizations and national non-profit organizations), State, Local, or 
Tribal Governments, and Federal Government.

[[Page 80045]]

    Estimated Number of Respondents: 285.
    Estimated Total Annual Burden Hours: 1,625.
    Abstract: The Bureau's Office of Financial Empowerment 
(Empowerment) is responsible for developing strategies to improve the 
financial capability of low-income and economically vulnerable 
consumers, such as consumers who are unbanked or underbanked, those 
with thin or no credit file, and households with limited savings. To 
address the needs of these consumers, Empowerment has developed three 
initiatives that target intermediary organizations and provide tools, 
training, technical assistance, and other services to help them reach 
low-income and economically vulnerable consumers to provide them the 
financial empowerment tools and information that they need, when they 
need it, where they are. These initiatives: (1) Your Money, Your Goals, 
(2) Financial Coaching, and (3) Tax Time Savings all require Bureau to 
engage organizations to participate in our financial empowerment 
initiatives. The proposed information collection request consists of 
application forms that will be used by community-based organizations, 
local, State, or Federal government entities, and national non-profit 
organizations to indicate their desire and ability to participate in 
Empowerment's various initiatives. Empowerment will use the information 
provided in these applications to select the best qualified 
organizations for participation.
    Request for Comments: The Bureau issued a 60-day Federal Register 
notice on August, 23, 2016, (81 FR 57569), Docket Number: CFPB-2016-
0042. Comments were solicited and continue to be invited on: (a) 
Whether the collection of information is necessary for the proper 
performance of the functions of the Bureau, including whether the 
information will have practical utility; (b) The accuracy of the 
Bureau's estimate of the burden of the collection of information, 
including the validity of the methods and the 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 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology. 
Comments submitted in response to this notice will be summarized and/or 
included in the request for Office of Management and Budget (OMB) 
approval. All comments will become a matter of public record.

    Dated: November 9, 2016.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial 
Protection.
[FR Doc. 2016-27427 Filed 11-14-16; 8:45 am]
 BILLING CODE 4810-AM-P