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View ICR - OIRA Conclusion

OMB Control No: 3064-0084	ICR Reference No: 200808-3064-001
Status: Historical Active	Previous ICR Reference No: 200506-3064-003
Agency/Subagency: FDIC	Agency Tracking No:
Title: Account Based Disclosures in Connection with Federal Reserve Regulations E, CC and DD
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 11/13/2008
	Date Received in OIRA: 08/20/2008
Terms of Clearance: Updated supporting statement.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2011	36 Months From Approved	11/30/2008
Responses	24,043,412	0	5,300
Time Burden (Hours)	902,687	0	920,589
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion	Change Due to Adjustment in Estimate
Annual Number of Responses	24,043,412	5,300	5,292	24,032,820
Annual Time Burden (Hours)	902,687	920,589	42,336	-60,238
Annual Cost Burden (Dollars)	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The burden adjustments in Regulations E, CC, and DD are due primarily to a decrease in the number of FDIC-supervised institutions. The burden increase for Regulations E, sections 205.9 and 205.16c are one-time burdens for those institutions that elect to reprogram and update their systems to provide the new disclosure or take advantage of the new exemption for EFTs of $15 or less from the requirement to provide a terminal receipt.

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