View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3133-0183	ICR Reference No: 201111-3133-001
Status: Historical Active	Previous ICR Reference No: 201105-3133-001
Agency/Subagency: NCUA	Agency Tracking No:
Title: Golden Parachute and Indemnification Payments under 12 CFR Part 750
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/29/2011
	Date Received in OIRA: 11/21/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2014	36 Months From Approved
Responses	15	0	0
Time Burden (Hours)	60	0	0
Cost Burden (Dollars)	2,400	0	0

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	15	15
Annual Time Burden (Hours)	60	60
Annual Cost Burden (Dollars)	2,400	2,400

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: No

Burden Reduction Due to:

Short Statement: NCUA submitted a request for a new collection and received a conclusion action of Comment filed on proposed rule. No comments relating to the PRA aspects of the rule were received. The final rule was published on May 26, 2011. The rule prohibits, with some exceptions, a federally insured credit union from making golden parachute and indemnification payments to an institution-affiliated party.

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