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View ICR - OIRA Conclusion

OMB Control No: 7100-0197	ICR Reference No: 202403-7100-005
Status: Active	Previous ICR Reference No: 202104-7100-002
Agency/Subagency: FRS	Agency Tracking No: FR BB
Title: Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation BB
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: 04/19/2024
	Date Received in OIRA: 04/19/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2027	36 Months From Approved	04/30/2024
Responses	1,950	0	1,404
Time Burden (Hours)	105,455	0	75,116
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	1,950	1,404	546
Annual Time Burden (Hours)	105,455	75,116	30,339
Annual Cost Burden (Dollars)	0	0	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: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: The estimated total annual burden for the FR BB is 75,116 hours, and would increase to 105,455 hours with the revisions.

Annual Cost to Federal Government: $677,300

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. 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? No

Agency Contact: Jennifer Williams 202 452-2446 jennifer.l.williams@frb.gov

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