[Federal Register: August 14, 2001 (Volume 66, Number 157)]
[Notices]               
[Page 42656-42657]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14au01-78]                         

=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION

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

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

-----------------------------------------------------------------------

SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the following information collection 
systems described below.
    1. Type of Review: Renewal of a currently approved collection.
    Title: Recordkeeping and disclosure requirements in connection with 
regulation Z (Truth in Lending).
    OMB Number: 3064-0082.
    Annual Burden:
      Estimated annual number of respondents: 5,662.
      Estimated time per response: 787 hours.
      Total annual burden hours: 4,455,994 hours.
    Expiration Date of OMB Clearance: September 30, 2001.

SUPPLEMENTARY INFORMATION: Regulation Z (12 CFR part 226), issued by 
the Board of Governors of the Federal Reserve System, prescribes 
uniform methods of computing the cost of credit, disclosure of credit 
terms, and procedures for resolving billing errors on certain credit 
accounts.
    2. Type of Review: Renewal of a currently approved collection.
    Title: Recordkeeping and disclosure requirements in connection with 
regulation M (Consumer Leasing).
    OMB Number: 3064-0083.
    Annual Burden:
      Estimated annual number of respondents: 5,662.
      Estimated time per response: 4 hours.
      Total annual burden hours: 22,648 hours.
    Expiration Date of OMB Clearance: September 30, 2001.

SUPPLEMENTARY INFORMATION: Regulation M (12 CFR part 2123), issued by 
the Board of Governors of the Federal Reserve System, implements the 
consumer leasing provisions of the Truth in Lending Act.
    3. Type of Review: Renewal of a currently approved collection.
    Title: Recordkeeping and disclosure requirements in connection with 
regulation E (Electronic Fund Transfers).
    OMB Number: 3064-0084.
    Annual Burden:
      Estimated annual number of respondents: ,662.
      Estimated time per response: 120.4 hours.
      Total annual burden hours: 681,705 hours.
    Expiration Date of OMB Clearance: September 30, 2001.

SUPPLEMENTARY INFORMATION: Regulation E (12 CFR part 205), issued by 
the Board of Governors of the Federal Reserve System, establishes the 
rights, liabilities, and responsibilities of consumers who use 
electronic fund transfer services and of financial institutions that 
offer these services.
    4. Type of Review: Renewal of a currently approved collection.
    Title: Recordkeeping and Disclosure Requirements in Connection with 
Regulation B (Equal Credit Opportunity).
    OMB Number: 3064-0085.
    Annual Burden:
      Estimated annual number of respondents: 5,662.
      Estimated time per response: 43 hours.
      Total annual burden hours: 243,466 hours.
    Expiration Date of OMB Clearance: September 30, 2001.

SUPPLEMENTARY INFORMATION: Regulation B (12 CFR part 202), issued by 
the Board of Governors of the Federal Reserve System, prohibits 
creditors from discriminating against applicants on any of the bases 
specified by the Equal Credit Opportunity Act, establishes guidelines 
for gathering and evaluating credit information, and requires creditors 
to give applicants a written notification of rejection of an 
application.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
Washington, DC 20503.

[[Page 42657]]

    FDIC Contact: Tamara R. Manly, (202) 898-7453, Office of the 
Executive Secretary, Room F-4058, Federal Deposit Insurance 
Corporation, 550 17th Street NW., Washington, DC 20429.
    Comments: Comments on these collections of information are welcome 
and should be submitted on or before September 13, 2001 to both the OMB 
reviewer and the FDIC contact listed above.

ADDRESSES: Information about this submission, including copies of the 
proposed collections of information, may be obtained by calling or 
writing the FDIC contact listed above.

Federal Deposit Insurance Corporation.

    Dated: August 8, 2001.
James D. LaPierre,
Deputy Executive Secretary.
[FR Doc. 01-20361 Filed 8-13-01; 8:45 am]
BILLING CODE 6714-01-P