View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3084-0085	ICR Reference No: 201803-3084-002
Status: Historical Active	Previous ICR Reference No: 201504-3084-003
Agency/Subagency: FTC	Agency Tracking No:
Title: Regulation E (Electronic Fund Transfers)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/11/2018
	Date Received in OIRA: 07/26/2018
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2021	36 Months From Approved	09/30/2018
Responses	5,563,416,032	0	4,804,588,775
Time Burden (Hours)	7,435,958	0	7,506,730
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion	Change Due to Adjustment in Estimate
Annual Number of Responses	5,563,416,032	4,804,588,775	0	758,827,257
Annual Time Burden (Hours)	7,435,958	7,506,730	2	-70,774
Annual Cost Burden (Dollars)	0	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: No

Burden Reduction Due to:

Short Statement: Estimated yearly burden hours (7,435,958) is reduced 76,407 hours from the previously cleared burden estimate (7,506,730). This is due to a reduced estimated number of entities under FTC jurisdiction occasioned by business shifts and other market changes.

Annual Cost to Federal Government: $954,853

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]? Yes

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: Carole Reynolds 202 326-3230 creynolds@ftc.gov

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