[Federal Register: March 30, 2004 (Volume 69, Number 61)]
[Notices]
[Page 16539-16540]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30mr04-61]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Background.
On June 15, 1984, the Office of Management and Budget (OMB)
delegated to the Board of Governors of the Federal Reserve System
(Board) its approval authority under the Paperwork Reduction Act, as
per 5 CFR 1320.16, to approve of and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board under conditions set forth in 5 CFR 1320
Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the OMB 83-Is and supporting
statements and approved collection of information instruments are
placed into OMB's public docket files. The Federal Reserve may not
conduct or sponsor, and the respondent is not required to respond to,
an information collection that has been extended, revised, or
implemented on or after October 1, 1995, unless it displays a currently
valid OMB control number.
Request for Comment on Information Collection Proposal
The following information collection, which is being handled under
this delegated authority, has received initial Board approval and is
hereby published for comment. At the end of the comment period, the
proposed information collection, along with an analysis of comments and
recommendations received, will be submitted to the Board for final
approval under OMB delegated authority. Comments are invited on the
following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. The accuracy of the Federal Reserve's estimate of the burden of
the
[[Page 16540]]
proposed information collection, including the validity of the
methodology and 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before June 1, 2004.
ADDRESSES: Comments should be mailed to Jennifer J. Johnson, Secretary,
Board of Governors of the Federal Reserve System, 20th Street and
Constitution Avenue, NW., Washington, DC 20551. Please consider
submitting your comments through the Board's Web site at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm
; by e-mail to
regs.comments@federalreserve.gov; or by fax to the Office of the
Secretary at 202/452-3819 or 202/452-3102. Rules proposed by the Board
and other federal agencies may also be viewed and commented on at
http://www.regulations.gov All public comments are available from the Board's Web site at http://www.federalreserve.gov/generalinfo/foia/.
info/foia/.
reasons. Accordingly, your comments will not be edited to remove any
identifying or contact information. Public comments may also be viewed
electronically or in paper in Room MP-500 of the Board's Martin
Building (C and 20th Streets, NW.) between 9 a.m. and 5 p.m. on
weekdays.
A copy of the comments may also be submitted to the OMB desk
officer for the Board: Joseph Lackey, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 3208, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: A copy of the proposed form and
instructions, the Paperwork Reduction Act Submission (OMB 83-I),
supporting statement, and other documents that will be placed into
OMB's public docket files once approved may be requested from the
agency clearance officer, whose name appears below.
Cindy Ayouch, Federal Reserve Board Clearance Officer (202) 452-
3829, Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors
of the Federal Reserve System, Washington, DC 20551.
Proposal To Approve Under OMB Delegated Authority the Implementation of
the Following Report
Report title: Survey of Financial Management Behaviors of Military
Personnel.
Agency form number: FR 1375.
OMB control number: OMB No. 7100-to be assigned.
Frequency: Semi-annually.
Reporters: Two groups of military personnel: (1) Those completing a
financial education course as part of their advanced training and (2)
those not completing a financial education course.
Annual reporting hours: 2,640.
Estimated average hours per response: 20 minutes.
Number of respondents: 4,000.
General description of report: This information collection is
voluntary. The statutory basis for collecting this information is
section 2A of the Federal Reserve Act [12 U.S.C. 225a]; the Bank Merger
Act [12 U.S.C. 1828(c)]; and sections 3 and 4 of the Bank Holding
Company Act [12 U.S.C. 1842 and 1843 and 12 U.S.C. 353 and 461]. No
issue of confidentiality normally arises because names and any other
characteristics that would permit personal identification of
respondents will not be reported to the Board.
Abstract: This survey would gather data from two groups of military
personnel: (1) Those completing a financial education course as part of
their advanced training and (2) those not completing a financial
education course. These two groups would be surveyed on their financial
management behaviors and changes in their financial situations over
time. Data from the survey would help to determine the effectiveness of
financial education for young adults in the military and the durability
of the effects as measured by financial status of those receiving
financial education early in their military careers.
Board of Governors of the Federal Reserve System, March 24,
2004.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 04-7068 Filed 3-29-04; 8:45 am]
BILLING CODE 6210-01-P