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View ICR - OIRA Conclusion

OMB Control No: 7100-0287	ICR Reference No: 201807-7100-013
Status: Historical Active	Previous ICR Reference No: 201410-7100-008
Agency/Subagency: FRS	Agency Tracking No: FR 3059
Title: Survey of Consumer Finances
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/29/2018
	Date Received in OIRA: 08/29/2018
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2018	10/31/2018	10/31/2018
Responses	7,150	0	7,150
Time Burden (Hours)	10,725	0	8,938
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	7,150	7,150	0
Annual Time Burden (Hours)	10,725	8,938	1,787
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: Based on recent experience, the Board has determined that the estimated average time per response should be increased from 75 minutes to 90 minutes.

Annual Cost to Federal Government: $14,800,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

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. Yes

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: Lois Lawrence 202-452-2984 Lois.D.Lawrence@frb.gov

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