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View ICR - OIRA Conclusion

OMB Control No: 3133-0040	ICR Reference No: 201509-3133-002
Status: Historical Active	Previous ICR Reference No: 201503-3133-002
Agency/Subagency: NCUA	Agency Tracking No: E&I
Title: Federal Credit Union Ownership of Fixed Assets (12 CFR 701.36)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/25/2016
	Date Received in OIRA: 03/21/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2019	36 Months From Approved	12/31/2016
Responses	43	0	193
Time Burden (Hours)	580	0	2,830
Cost Burden (Dollars)	18,496	0	82,214

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	43	193	-150
Annual Time Burden (Hours)	580	2,830	-2,250
Annual Cost Burden (Dollars)	18,496	82,214	-63,718

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: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: The rule results in a reduction in overall burden attributed to a program change. The removal of a provision of §701.36, which places an aggregate limit on the ownership of fixed assets, reduces the estimated burden by 2,250 hours.

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