[Federal Register: October 15, 2004 (Volume 69, Number 199)]
[Notices]
[Page 61250-61252]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15oc04-93]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Proposed Collections;
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 proposals
The following information collections, which are being handled
under this delegated authority, have
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received initial Board approval and are hereby published for comment.
At the end of the comment period, the proposed information collections,
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 collections of information are 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 proposed information collections, 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 collections on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before December 14, 2004.
ADDRESSES: You may submit comments, identified by FR 28, FR 29a, b or
FR 1373a,b by any of the following methods:
Agency Web Site: http://www.federalreserve.gov Follow the instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail: regs.comments@federalreserve.gov. Include docket
number in the subject line of the message.
FAX: 202/452-3819 or 202/452-3102.
Mail: Jennifer J. Johnson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue,
N.W., Washington, DC 20551.
All public comments are available from the Board's web site
athttp://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as
submitted, except as necessary for technical 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 (20th and C
Streets, N.W.) between 9:00 a.m. and 5:00 p.m. on weekdays.
FOR FURTHER INFORMATION CONTACT: A copy of the proposed forms and
instructions, the Paperwork Reduction Act Submission (OMB 83-I),
supporting statements, 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.
Cynthia 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 extension for
three years, with revision, of the following reports:
1. Report title: Application for Employment with the Board of
Governors of the Federal Reserve System
Agency form number: FR 28
OMB control number: 7100-0181
Frequency: On occasion
Reporters: Employment applicants
Annual reporting hours: 2,500 hours
Estimated average hours per response: 1 hour
Number of respondents: 2,500
General description of report: This information collection is
required to obtain a benefit (sections 10(4) and 11(1) of the Federal
Reserve Act (12 U.S.C. Sec. 244 and 248(1)). The Board is required to
treat the information collected on the Application as confidential
pursuant to the requirements of the Privacy Act (5 U.S.C. Sec. 552a).
Individual respondent data are regarded as confidential under the
Freedom of Information Act (5 U.S.C. Sections. 552(b)(2) and (b)(6)).
Abstract: The Application collects information to determine the
qualifications, suitability, and availability of applicants for
employment with the Board. The Application asks about education,
training, employment, and other information covering the period since
the applicant left high school.
Current Actions: The Federal Reserve proposes to revise the
Application for Employment with the Board of Governors of the Federal
Reserve System (FR 28) to include the applicant's email address and
cell phone number. In addition, the FR 28 would be modified to inform
applicants that educational claims must be from an accredited school.
The Federal Reserve proposes to modify the Applicant's Voluntary Self-
Identification Form (FR 28s) to be consistent with the Office of
Management and Budget's (OMBs) Statistical Policy Directive No. 15,
(Race and Ethnic Standards for Federal Statistics and Administrative
Reporting). The Federal Reserve Board also proposes to revise the
Research Assistant Candidate Survey of Interests (FR 28i), by modifying
the areas of interest, changing the rating scale format, adding a
section on software packages used by the candidate, and adding a line
for the candidate's name.
2. Report title: Compensation and Salary Surveys
Agency form number: FR 29a, b, c
OMB control number: 7100-0290
Frequency: FR 29a, annually; FR 29b, on occasion; FR 29c, annually
Reporters: Employers considered competitors for Federal Reserve
employees
Annual reporting hours: FR 29a, 150 hours; FR 29b, 50 hours
Estimated average hours per response: FR 29a, 6 hours; FR 29b,
1hour
Number of respondents: 35
General description of report: This information collection is
voluntary (sections 10(4) and 11(1) of the Federal Reserve Act (12
U.S.C. 244 and 248(1)) and is given confidential treatment (5 U.S.C 552
(b)(4) and (b)(6)).
Abstract: The surveys collect information on salaries, employee
compensation policies, and other employee programs from employers that
are considered competitors for Federal Reserve employees. The data from
the surveys primarily are used to determine the appropriate salary
structure and salary adjustments for Federal Reserve employees.
Current Actions: The Federal Reserve proposes to discontinue the
annual Compensation Trend Survey (FR 29c). The international consulting
firm of Hay Management Consultants has conducted this survey, on behalf
of the Federal Reserve, since 1991. However, since 2001, the Federal
Reserve has relied on data published in other national compensation
surveys. The Annual Salary Survey (FR 29a) and the ad hoc surveys
related to salary and other employment issues (FR 29b), would not be
revised.
3. Report title: Studies of Board Publications
Agency form number: FR 1373a,b
OMB control number: 7100-0301
Frequency: FR 1373a, two times per year; FR 1373b, eight times per
year
Reporters: FR 1373a, community-based educators, key stakeholders,
and other educators who have previously requested consumer education
materials from the Federal Reserve; FR 1373b, current subscribers of
the publications being surveyed.
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Annual reporting hours: FR 1373a, 300 hours; FR 1373b, 746 hours.
Estimated average hours per response: FR 1373a, 30 minutes; FR
1373b, 15 minutes.
Number of respondents: FR 1373a, 400; FR 1373b, 517.
General description of report: This information collection is
voluntary. The FR 1373a study is authorized pursuant to the Federal
Trade Commission Improvement Act (15 U.S.C. Sec. 57(a)); the FR 1373 b
study is authorized pursuant to 12 U.S.C. Sec. 248(i). The specific
information collected is not considered confidential.
Abstract: The FR 1373a study allows the Federal Reserve to: 1)
conduct periodic reviews and evaluations of the consumer education
materials, and 2) develop and evaluate consumer education materials
under consideration for distribution. The FR 1373b study helps Federal
Reserve evaluate other Board publications. In addition, the Federal
Reserve uses the FR 1373b data to help determine if it should continue
to issue certain publications and, if so, whether the public would like
to see changes in the method of information delivery, frequency,
content, format, or appearance.
Current Actions: The Federal Reserve proposes to revise the FR
1373a by adding focus group or guided discussions once a year with
three groups of fifteen respondents. Each discussion would take an
estimated ninety minutes. The goal for such focused discussions would
be to identify what issues consumers want addressed and how they would
like to receive this information. The Federal Reserve would work with
community groups or other appropriate stakeholders to recruit small
groups of consumers to serve as voluntary respondents.
Board of Governors of the Federal Reserve System, October 8,
2004.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 04-23132 Filed 10-14-04; 8:45 am]
BILLING CODE 6210-01-S