View Information Collection Request (ICR) Package
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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
3133-0190
ICR Reference No:
201607-3133-002
Status:
Historical Active
Previous ICR Reference No:
201410-3133-005
Agency/Subagency:
NCUA
Agency Tracking No:
OGC
Title:
Loans in Areas Having Special Flood Hazards
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:
01/26/2018
Retrieve Notice of Action (NOA)
Date Received in OIRA:
07/11/2016
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2021
36 Months From Approved
Responses
2,094,471
0
0
Time Burden (Hours)
177,105
0
0
Cost Burden (Dollars)
0
0
0
Abstract:
This collection of information is set forth in NCUA regulations at 12 C.F.R. Part 760 and is required by the National Flood Insurance Reform Act of 1994's amendments to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973 (Flood Act). 42 U.S.C. 4001 et seq. The collection of information pertains to loans secured by buildings and mobile homes located or to be located in areas determined by the Director of the Federal Emergency Management Agency (FEMA) to have special flood hazards. The obligation of federally insured credit unions to comply with Part 760 is mandatory.
Authorizing Statute(s):
US Code:
42 USC 4001
Name of Law: National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
3133-AE40
Final or interim final rulemaking
80 FR 43215
07/21/2015
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
78 FR 65108
10/30/2013
30-day Notice:
Federal Register Citation:
Citation Date:
80 FR 43215
07/21/2015
Did the Agency receive public comments on this ICR?
Yes
Number of Information Collection (IC) in this ICR:
9
IC Title
Form No.
Form Name
Notice of Special Flood Hazards
Notice to Borrower and Servicer of Newly Located Property
Notice to Borrower of Lapsed Flood Insurance
Notice to FEMA of Change in Servicer
Notice to FEMA of Servicer
One Time Escrow Notice
Other Methods - Non Electronic
Purchase of Force-Placed Insurance for Borrower from Remapping
Purchase of Forced Placed Flood Insurance
Retention of Standard Flood Hazard Determination (SFHD) Form
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
2,094,471
0
0
268,282
1,826,189
0
Annual Time Burden (Hours)
177,105
0
0
76,639
100,466
0
Annual Cost Burden (Dollars)
0
0
0
31,160
-31,160
0
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:
The first eight ICs covered by this collection are adjustments to the collection currently approved under OMB# 3133-0143 which will be discontinued upon approval of this ICR. One-time escrow notice is a new requirement of regulation. It only applies to loans made before a specific date. As a result, this burden will not continue past this initial approval. The existence of the non-electronic IC was not supported by the final regulation and is not reflected in the supporting statement.
Annual Cost to Federal Government:
$0
Does this IC contain surveys, censuses, or employ statistical methods?
No
Does this ICR request any personally identifiable information (see
OMB Circular No. A-130
for an explanation of this term)? Please consult with your agency's privacy program when making this determination.
No
Does this ICR include a form that requires a Privacy Act Statement (see
5 U.S.C. §552a(e)(3)
)? Please consult with your agency's privacy program when making this determination.
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Sarah Chung 703 518-1178 schung@ncua.gov
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
07/11/2016
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