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View ICR - OIRA Conclusion

OMB Control No: 3084-0085	ICR Reference No: 200903-3084-003
Status: Historical Active	Previous ICR Reference No: 200601-3084-003
Agency/Subagency: FTC	Agency Tracking No:
Title: Regulation E (Electronic Fund Transfers)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/03/2009
	Date Received in OIRA: 03/11/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2012	36 Months From Approved	04/30/2009
Responses	6,342,488,100	0	6,392,500,000
Time Burden (Hours)	3,731,343	0	3,580,000
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	6,342,488,100	6,392,500,000	-50,011,900
Annual Time Burden (Hours)	3,731,343	3,580,000	151,343
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Staff has adjusted upward the FTCs previous annual burden estimate by 151,343 hours (from 3,580,000 to 3,731,343). This reflects an increase in entities offering EFT services to consumers, and new requirements for electronic check conversion and payroll cards.

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