View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3064-0083	ICR Reference No: 201205-3064-028
Status: Historical Active	Previous ICR Reference No: 201104-3064-006
Agency/Subagency: FDIC	Agency Tracking No:
Title: Recordkeeping and Disclosure Requirements in Connection with Regulation M (Consumer Leasing)
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	08/31/2014	08/31/2014	08/31/2014
Responses	197,859	0	202,000
Time Burden (Hours)	225,285	0	230,000
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute
Annual Number of Responses	197,859	202,000	-4,141
Annual Time Burden (Hours)	225,285	230,000	-4,715
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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