82 FR 9241 - Submission for OMB Review; Comment Request
NATIONAL CREDIT UNION ADMINISTRATION Federal Register Volume 82, Issue 22 (February 3, 2017)
Federal Register Volume 82, Issue 22 (February 3, 2017)
| Page Range | 9241-9242 | |
| FR Document | 2017-02316 |
[Federal Register Volume 82, Number 22 (Friday, February 3, 2017)] [Notices] [Pages 9241-9242] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-02316] ======================================================================= ----------------------------------------------------------------------- NATIONAL CREDIT UNION ADMINISTRATION Submission for OMB Review; Comment Request AGENCY: National Credit Union Administration (NCUA). ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The National Credit Union Administration (NCUA) will be submitting the following information [[Page 9242]] collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. DATES: Comments should be received on or before March 6, 2017 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for NCUA, New Executive Office Building, Room 10235, Washington, DC 20503, or email at [email protected] and (2) NCUA PRA Clearance Officer, 1775 Duke Street, Alexandria, VA 22314, Suite 5067, or email at [email protected]. FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by emailing [email protected] or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: OMB Number: 3133-0102. Title: Truth in Lending Act (TILA); Regulation Z. Abstract: The Truth in Lending Act (TILA) was enacted to foster comparison credit shopping and informed credit decision making by requiring accurate disclosure of the costs and terms of credit to consumers and to protect consumers against inaccurate and unfair credit billing practices. Regulation Z contains several provisions that impose information collection requirements: Open-end credit products; closed- end credit; both open- and closed-end mortgage credit; specific residential mortgage types--namely, reverse mortgages and high cost mortgages with rates and fees above specified thresholds; private education loans, and information collection requirements related to Regulation Z's advertising and record retention rules. The collection of information pursuant to Part 1026 is triggered by specific events and disclosures and must be provided to consumers within the time periods established under the regulation. To ease the compliance cost (particularly for small credit unions), model forms and clauses are appended to the regulation. Type of Review: Reinstatement of a previously approved collection. Affected Public: Private Sector: Not-for-profit institutions. Estimated Total Annual Burden Hours: 3,351,131. OMB Number: 3133-0152. Title: Management Official Interlocks, 12 CFR part 711. Abstract: The Depository Institution Management Interlocks Act (12 U.S.C. 3201-3208) (``Interlocks Act'') generally prohibits financial institution management officials from serving simultaneously with two unaffiliated depository institutions or their holding companies. The Interlocks Act exempts interlocking arrangements between credit unions and, therefore, in the case of credit unions, only restricts interlocks between credit unions and other institutions-banks and thrifts and their holdings. A credit union must obtain approval to have a director in common with a diversified savings and loan holding company before dual service is to begin and maintain records to comply with the small market share exemption. The collection of information under Part 711 is needed to provide evidence of compliance with the requirements of the Interlocks Act. Type of Review: Extension of a currently approved collection. Affected Public: Private Sector: Businesses or other for-profits. Estimated Total Annual Burden Hours: 6. OMB Number: 3133-0165. Title: Fair Credit Reporting Act (FCRA); Regulation V. Abstract: The Fair Credit Reporting Act (FCRA), sets standards for the collection, communication, and use of information bearing on a consumer's creditworthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living. The Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA) amended a number of consumer financial protection laws, including most provisions of FCRA. In addition to substantive amendments, the DFA transferred rulemaking authority for most provisions of FCRA to the Consumer Financial Protection Bureau (CFPB). Pursuant to the DFA and FCRA, as amended, CFPB promulgated Regulation V, 12 CFR 1022, to implement those provisions of FCRA for which CFPB has rulemaking authority. Regulation V contains several requirements that impose information collection requirements: The negative information notice; risk-based pricing; the procedures to enhance the accuracy and integrity of information furnished to consumer reporting agencies; the duties upon notice of dispute from a consumer; the affiliate marketing opt-out notice, and the prescreened consumer reports opt-out notice. The DFA did not transfer certain rulemaking authority under FCRA. Specifically, the DFA did not transfer to CFPB the authority to promulgate: The requirement to properly dispose of consumer information; the rules on identity theft red flags and corresponding interagency guidelines on identity theft detection, prevention, and mitigation; and the rules on the duties of card issuers regarding changes of address. These provisions are promulgated in NCUA's Fair Credit Reporting regulation, 12 CFR 717, which applies to federal credit unions. The collection of information pursuant to Parts 1022 and 717 is triggered by specific events and disclosures and must be provided to consumers within the time periods established under the regulation. To ease the compliance cost (particularly for small credit unions), model clauses and sample forms are appended to the regulations. Type of Review: Reinstatement of a previously approved collection. Affected Public: Individuals or Households; Private Sector: Not- for-profit institutions. Estimated Total Annual Burden Hours: 303,546. By Gerard Poliquin, Secretary of the Board, the National Credit Union Administration, on January 31, 2017. Dated: January 31, 2017. Dawn D. Wolfgang, NCUA PRA Clearance Officer. [FR Doc. 2017-02316 Filed 2-2-17; 8:45 am] BILLING CODE 7535-01-P
![Federal Register / Vol. 82, No. 22 / Friday, February 3, 2017 / Notices 9241
of these update previously approved temporary item). Master files of an management, operations, and services,
schedules, and some include records electronic information system that leasing, and building physical security
proposed as permanent. contains records related to ammunition records. Proposed for permanent
The schedules listed in this notice are accountability. retention are real property records
media neutral unless otherwise 5. Department of the Army, Agency- documenting acquisition, ownership
specified. An item in a schedule is wide (DAA–AU–2016–0062, 1 item, 1 and disposal; significant building
media neutral when an agency may temporary item). Master files of an drawings and specifications,
apply the disposition instructions to electronic information system that inspections, reports, studies, and
records regardless of the medium in contains records related to emergency certificates relating to buildings,
which it creates or maintains the management system calls and equipment, and property; significant art
records. Items included in schedules responses. inventory records; property disposal
submitted to NARA on or after 6. Department of Commerce, National case records; significant new building
December 17, 2007, are media neutral Institute of Standards and Technology methods and materials records; and
unless the item is expressly limited to (DAA–0167–2016–0006, 5 items, 5 buildings program records regarding
a specific medium. (See 36 CFR temporary items). Associates’ records to nationwide agreements with Federal
1225.12(e).) include case files pertaining to guest agencies.
Agencies may not destroy Federal researchers. Included are applications, 12. National Archives and Records
records without Archivist of the United travel information, and agreements. Administration, Government-wide
States’ approval. The Archivist approves 7. Department of Commerce, National (DAA–GRS–2017–0001, 1 item, 1
destruction only after thoroughly Institute of Standards and Technology temporary item). A General Records
considering the records’ administrative (DAA–0167–2016–0007, 6 items, 6 Schedule for Federal agency
use by the agency of origin, the rights temporary items). Records of the administrative and information
of the Government and of private people National Voluntary Laboratory technology help desk records.
directly affected by the Government’s Accreditation Program, including 13. National Archives and Records
activities, and whether or not the accreditation records, assessor files, Administration, Government-wide
records have historical or other value. laboratory files, and supporting
(DAA–GRS–2017–0002, 2 items, 2
In addition to identifying the Federal documents for the accreditation
temporary items). A General Records
agencies and any subdivisions program.
8. Department of Energy, Naval Schedule for public customer service
requesting disposition authority, this records.
notice lists the organizational unit(s) Nuclear Propulsion Program (DAA–
0434–2015–0006, 30 items, 27 14. Peace Corps, Office of Global
accumulating the records (or notes that Operations (DAA–0490–2017–0001, 1
the schedule has agency-wide temporary items). Mission related
records including policies and item, 1 temporary item). Records of the
applicability when schedules cover Office of Staging and Pre-Departure,
records that may be accumulated procedures, staging packages, power
plant checks, fleet support, equipment related to facilitating the orientation and
throughout an agency); provides the departure of volunteers to overseas
control number assigned to each history, project support and associated
records. Proposed for permanent posts.
schedule, the total number of schedule 15. Vietnam Education Foundation,
items, and the number of temporary retention are records of nationally
significant events, significant research, Agency-wide (DAA–0508–2017–0001,
items (the records proposed for 17 items, 9 temporary items). Records to
destruction); and includes a brief and program planning and execution.
9. Department of Homeland Security, include biographies, routine
description of the temporary records. photographs, compliance reports, grant
The records schedule itself contains a U.S. Secret Service (DAA–0087–2016–
0002, 2 items, 1 temporary item). Master applications, fellowship files, and
full description of the records at the file immigration documents. Proposed for
unit level as well as their disposition. If files of a retired electronic information
system used to manage internal permanent retention are Board of
NARA staff has prepared an appraisal Directors records, official photographs,
memorandum for the schedule, it also investigations and security functions.
Proposed for permanent retention are Executive Director correspondence,
includes information about the records. publications, news releases, video
You may request additional information master files of an electronic information
system used to manage mission-related recordings, and historical documents.
about the disposition process at the
addresses above. criminal investigations and protective Laurence Brewer,
SCHEDULES PENDING: activities. Chief Records Officer for the U.S.
1. Department of the Army, Agency- 10. Department of Transportation, Government.
wide (DAA–AU–2016–0042, 1 item, 1 Federal Railroad Administration (DAA– [FR Doc. 2017–02327 Filed 2–2–17; 8:45 am]
temporary item). Master files of an 0399–2015–0001, 2 items, 1 temporary BILLING CODE 7515–01–P
electronic information system that item). Records pertaining to general
contains records relating to marketing in correspondence. Proposed for
support of recruitment efforts. permanent retention is correspondence
pertaining to senior officials. NATIONAL CREDIT UNION
2. Department of the Army, Agency-
11. General Services Administration, ADMINISTRATION
wide (DAA–AU–2016–0048, 9 items, 9
temporary items). Records related to Public Buildings Service (DAA–0121–
Submission for OMB Review;
2015–0001, 21 items, 14 temporary
asabaliauskas on DSK3SPTVN1PROD with NOTICES
individual and unit mobilization and Comment Request
duty assignments. items). Records relating to durable
3. Department of the Army, Agency- property, routine building drawings and AGENCY: National Credit Union
wide (DAA–AU–2016–0051, 1 item, 1 specifications, routine inspections, Administration (NCUA).
temporary item). Records related to reports, studies, and certificates; routine ACTION: Notice.
equipment requirements to support equipment and art inventories; routine
named operations. property appraisal, planning, and SUMMARY: The National Credit Union
4. Department of the Army, Agency- disposal records; construction program Administration (NCUA) will be
wide (DAA–AU–2016–0052, 1 item, 1 records and project files; and facility submitting the following information
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![9242 Federal Register / Vol. 82, No. 22 / Friday, February 3, 2017 / Notices
collection requests to the Office of OMB Number: 3133–0152. Specifically, the DFA did not transfer to
Management and Budget (OMB) for Title: Management Official Interlocks, CFPB the authority to promulgate: The
review and clearance in accordance 12 CFR part 711. requirement to properly dispose of
with the Paperwork Reduction Act of Abstract: The Depository Institution consumer information; the rules on
1995, on or after the date of publication Management Interlocks Act (12 U.S.C. identity theft red flags and
of this notice. 3201–3208) (‘‘Interlocks Act’’) generally corresponding interagency guidelines
DATES: Comments should be received on prohibits financial institution on identity theft detection, prevention,
or before March 6, 2017 to be assured management officials from serving and mitigation; and the rules on the
of consideration. simultaneously with two unaffiliated duties of card issuers regarding changes
depository institutions or their holding of address. These provisions are
ADDRESSES: Send comments regarding
companies. The Interlocks Act exempts promulgated in NCUA’s Fair Credit
the burden estimate, or any other aspect
interlocking arrangements between Reporting regulation, 12 CFR 717,
of the information collection, including
credit unions and, therefore, in the case which applies to federal credit unions.
suggestions for reducing the burden, to
of credit unions, only restricts interlocks The collection of information
(1) Office of Information and Regulatory
between credit unions and other pursuant to Parts 1022 and 717 is
Affairs, Office of Management and
institutions-banks and thrifts and their triggered by specific events and
Budget, Attention: Desk Officer for
holdings. A credit union must obtain disclosures and must be provided to
NCUA, New Executive Office Building, approval to have a director in common
Room 10235, Washington, DC 20503, or consumers within the time periods
with a diversified savings and loan established under the regulation. To
email at OIRA_Submission@ holding company before dual service is
OMB.EOP.gov and (2) NCUA PRA ease the compliance cost (particularly
to begin and maintain records to comply for small credit unions), model clauses
Clearance Officer, 1775 Duke Street, with the small market share exemption.
Alexandria, VA 22314, Suite 5067, or and sample forms are appended to the
The collection of information under Part regulations.
email at PRAComments@ncua.gov. 711 is needed to provide evidence of
FOR FURTHER INFORMATION CONTACT: Type of Review: Reinstatement of a
compliance with the requirements of the previously approved collection.
Copies of the submission may be Interlocks Act.
obtained by emailing PRAComments@ Affected Public: Individuals or
Type of Review: Extension of a
ncua.gov or viewing the entire Households; Private Sector: Not-for-
currently approved collection.
information collection request at Affected Public: Private Sector: profit institutions.
www.reginfo.gov. Businesses or other for-profits. Estimated Total Annual Burden
Estimated Total Annual Burden Hours: 303,546.
SUPPLEMENTARY INFORMATION:
OMB Number: 3133–0102. Hours: 6. By Gerard Poliquin, Secretary of the Board,
Title: Truth in Lending Act (TILA); OMB Number: 3133–0165. the National Credit Union Administration, on
Regulation Z. Title: Fair Credit Reporting Act January 31, 2017.
Abstract: The Truth in Lending Act (FCRA); Regulation V. Dated: January 31, 2017.
(TILA) was enacted to foster comparison Abstract: The Fair Credit Reporting Dawn D. Wolfgang,
credit shopping and informed credit Act (FCRA), sets standards for the NCUA PRA Clearance Officer.
decision making by requiring accurate collection, communication, and use of [FR Doc. 2017–02316 Filed 2–2–17; 8:45 am]
disclosure of the costs and terms of information bearing on a consumer’s BILLING CODE 7535–01–P
credit to consumers and to protect creditworthiness, credit standing, credit
consumers against inaccurate and unfair capacity, character, general reputation,
credit billing practices. Regulation Z personal characteristics, or mode of
contains several provisions that impose living. The Dodd-Frank Wall Street NUCLEAR REGULATORY
information collection requirements: Reform and Consumer Protection Act COMMISSION
Open-end credit products; closed-end (DFA) amended a number of consumer
credit; both open- and closed-end financial protection laws, including
[NRC–2017–0001]
mortgage credit; specific residential most provisions of FCRA. In addition to
mortgage types—namely, reverse substantive amendments, the DFA Sunshine Act Meeting Notice
mortgages and high cost mortgages with transferred rulemaking authority for
rates and fees above specified most provisions of FCRA to the DATE: February 6, 13, 20, 27, March 6,
thresholds; private education loans, and Consumer Financial Protection Bureau 13, 2017
information collection requirements (CFPB). Pursuant to the DFA and FCRA, PLACE: Commissioners’ Conference
related to Regulation Z’s advertising and as amended, CFPB promulgated Room, 11555 Rockville Pike, Rockville,
record retention rules. Regulation V, 12 CFR 1022, to Maryland.
The collection of information implement those provisions of FCRA for
STATUS: Public and Closed.
pursuant to Part 1026 is triggered by which CFPB has rulemaking authority.
specific events and disclosures and Regulation V contains several Week of February 6, 2017—Tentative
must be provided to consumers within requirements that impose information
collection requirements: The negative There are no meetings scheduled for
the time periods established under the
information notice; risk-based pricing; the week of February 6, 2017.
regulation. To ease the compliance cost
the procedures to enhance the accuracy
asabaliauskas on DSK3SPTVN1PROD with NOTICES
(particularly for small credit unions), February 13, 2017—Tentative
model forms and clauses are appended and integrity of information furnished to
Thursday, February 16, 2017
to the regulation. consumer reporting agencies; the duties
Type of Review: Reinstatement of a upon notice of dispute from a consumer; 9:00 a.m. Briefing on Lessons Learned
previously approved collection. the affiliate marketing opt-out notice, from the Fukushima Dai-ichi
Affected Public: Private Sector: Not- and the prescreened consumer reports Accident (Public Meeting) (Contact:
for-profit institutions. opt-out notice. Andrew Proffitt: 301–415–1418).
Estimated Total Annual Burden The DFA did not transfer certain This meeting will be webcast live at
Hours: 3,351,131. rulemaking authority under FCRA. the Web address—http://www.nrc.gov/.
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Document Created: 2018-02-01 14:34:50
Document Modified: 2018-02-01 14:34:50
| 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 should be received on or before March 6, 2017 to be assured of consideration. | |
| Contact | Copies of the submission may be obtained by emailing [email protected] or viewing the entire information collection request at www.reginfo.gov. | |
| FR Citation | 82 FR 9241 |
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