View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3064-0082	ICR Reference No: 201205-3064-027
Status: Historical Active	Previous ICR Reference No: 201104-3064-005
Agency/Subagency: FDIC	Agency Tracking No:
Title: Recordkeeping and Disclosure Requirements in Connection with Regulation Z (Truth in Lending)
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/23/2012
	Date Received in OIRA: 07/19/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2014	10/31/2014	10/31/2014
Responses	8,796	0	8,760
Time Burden (Hours)	2,371,008	0	2,361,304
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute
Annual Number of Responses	8,796	8,760	36
Annual Time Burden (Hours)	2,371,008	2,361,304	9,704
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: Pursuant to the Dodd-Frank Act, the Office of Thrift Supervision was abolished and the FDIC assumed supervision of 59 of the formerly OTS federally regulated institutions. Also pursuant to the Dodd-Frank Act, the Consumer Financial Protection Bureau was created and assumed supervision for 41 institutions formerly supervised by the FDIC. As a result of these two changes, this information collection needs to be changed to reflect the additional paperwork burden.

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