[Federal Register: October 23, 2002 (Volume 67, Number 205)]
[Notices]
[Page 65124-65125]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23oc02-86]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice.
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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-I's 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 proposed information collection, including the validity of the
ethodology 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 December 23, 2002.
ADDRESSES: Comments may be mailed to Ms. Jennifer J. Johnson,
Secretary, Board of Governors of the Federal Reserve System, 20th
Street and Constitution Avenue, N.W., Washington, DC 20551. However,
because paper mail in the Washington area and at the Board of Governors
is subject to delay, please consider submitting your comments by e-
mail to regs.comments@federalreserve.gov, or faxing them to the Office
of the Secretary at 202-452-3819 or 202-452-3102. Comments addressed to
Ms. Johnson may also be delivered to the Board's mail facility in the
West Courtyard between 8:45 a.m. and 5:15 p.m., located on 21st Street
between Constitution Avenue and C Street, N.W. Members of the public
may inspect comments in Room MP-500 between 9:00 a.m. and 5:00 p.m. on
weekdays pursuant to 261.12, except as provided in 261.14, of the
Board's Rules Regarding Availability of Information, 12 CFR 261.12 and
261.14.
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 10235, 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 Extension for
Three Years, Without Revision, of the Following Report:
1. Report of Terms of Credit Card Plans
Agency form number: FR 2572
OMB control number: 7100-0239
Frequency: Semi-annual
Reporters: Financial institutions
Annual reporting hours: 75 hours
Estimated average hours per response: 0.25 hours
Number of respondents: 150
Small businesses are affected.
General description of report: This information collection is
voluntary (15 U.S.C. Sec. 1646(b)) and is not given confidential
treatment.
Abstract: This report collects data on credit card pricing and
availability from a sample of at least 150 financial institutions that
offer credit cards to the general public. The information is reported
to the Congress and made available to the public in order to promote
competition within the industry. The Board publishes the information in
a brochure titled ``SHOP: The Card You Pick Can Save You Money''
(SHOP), available through Publication Services at the Board and on the
Board's public web site, www.federalreserve.gov/pubs/shop.
[[Page 65125]]
Board of Governors of the Federal Reserve System, October 17, 2002.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 02-26896 Filed 10-22-02; 8:45 am]
BILLING CODE 6210-01-S