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View ICR - OIRA Conclusion

OMB Control No: 7100-0346	ICR Reference No: 201808-7100-002
Status: Historical Active	Previous ICR Reference No: 201207-7100-001
Agency/Subagency: FRS	Agency Tracking No: FR QQ
Title: Reporting Requirements Associated with Regulation QQ
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: 08/23/2018
	Date Received in OIRA: 08/23/2018
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2021	36 Months From Approved	01/31/2019
Responses	111	0	323
Time Burden (Hours)	1,137,797	0	855,304
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	111	323	-212
Annual Time Burden (Hours)	1,137,797	855,304	282,493
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: The proposed annual burden for the reporting requirements of this information collection is estimated to be 1,137,797 hours, an increase of 282,493 hours from the current estimate of 855,304 hours. The increase in estimated burden hours reflects that the original estimate (1) underestimated the burden hours of complying with the basic informational requirements of the rule and (2) did not fully account for the burden associated with responding to guidance, feedback, and requests for additional information by the agencies as part of the resolution planning process. Additionally, the burden estimate accounts for the postponement of the next submission by the largest and most complex BHCs of their resolution plans until July 1, 2019, announced by the Board and the FDIC on September 28, 2017.

Annual Cost to Federal Government: $6,000,000

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: Robert Dahl 202 622-3119 Robert.Dahl@do.treas.gov

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