View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 7100-0201	ICR Reference No: 201504-7100-003
Status: Historical Active	Previous ICR Reference No: 201412-7100-009
Agency/Subagency: FRS	Agency Tracking No: Reg B
Title: Recordkeeping and Disclosure Requirements Associated with CFPB's Regulation B (Equal Credit Opportunity Act)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/26/2015
	Date Received in OIRA: 06/26/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2018	36 Months From Approved	08/31/2015
Responses	54,737	0	67,493
Time Burden (Hours)	167,587	0	151,642
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	54,737	67,493	-12,756
Annual Time Burden (Hours)	167,587	151,642	15,945
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The Federal Reserve estimates that 1,063 institutions would take, on average, 3 hours per month to comply with disclosure requirements in accordance with section 1002.14. The net increase is offset by adjustments to current disclosures, optional requests, and required notices.

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