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View ICR - OIRA Conclusion

OMB Control No: 3084-0104	ICR Reference No: 201110-3084-004
Status: Historical Active	Previous ICR Reference No: 200809-3084-003
Agency/Subagency: FTC	Agency Tracking No:
Title: Use of Prenotification Negative Option Plans ("Negative Option Rule")
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/27/2011
	Date Received in OIRA: 11/18/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2014	36 Months From Approved	12/31/2011
Responses	50	0	165
Time Burden (Hours)	3,875	0	12,690
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	50	165	-115
Annual Time Burden (Hours)	3,875	12,690	-8,815
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: The burden estimate has been reduced by 9,085 hours (from 12,960 hours in 2008 to 3,875 in 2011) reflecting the decreased number of existing clubs (from 158 in 2008 to 45 in 2011) and new clubs (from 7/year in 2008 to 5/year in 2011) due to consolidation in the industry and the economic downturn. In addition, given industry input, we have lowered the estimate of the hours required for new club disclosures from 120 hours to 100 hours.

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