View Information Collection Request (ICR) Package

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: 7100-0346	ICR Reference No: 201911-7100-002
Status: Historical Active	Previous ICR Reference No: 201911-7100-001
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: 02/06/2020
	Date Received in OIRA: 02/06/2020
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2023	36 Months From Approved	08/31/2021
Responses	39	0	109
Time Burden (Hours)	215,606	0	1,066,086
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute
Annual Number of Responses	39	109	-70
Annual Time Burden (Hours)	215,606	1,066,086	-850,480
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 estimated total annual burden for the FR QQ is 1,066,086 hours, and would decrease to 215,606 hours with the adopted revisions. The decrease in burden is due in part to the burden reducing revisions to the regulation and in part due to the FDIC creating a clearance to account for roughly half of the total burden. The FDIC splits the burden with the Board, and their information collection for the final rule stage is currently housed under the OMB number 3064-0210. In order to facilitate the split in burden, each agency accounted for half of the number of respondents for each element of the collection. For those elements with an odd number of respondents, the Board took the greater portion of the split.

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

Something went wrong when downloading this file. If you have any questions, please send an email to risc@gsa.gov.