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View ICR - OIRA Conclusion

OMB Control No: 3084-0137	ICR Reference No: 202409-3084-002
Status: Active	Previous ICR Reference No: 202201-3084-002
Agency/Subagency: FTC	Agency Tracking No:
Title: The Red Flags Regulations (Under the Fair and Accurate Credit Transactions Act)
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: 03/17/2025
	Date Received in OIRA: 01/07/2025
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2028	36 Months From Approved	03/31/2025
Responses	238,942	0	227,485
Time Burden (Hours)	398,479	0	397,298
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	238,942	227,485	11,457
Annual Time Burden (Hours)	398,479	397,298	1,181
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: Compared to the estimates used in the 2022 renewal request, there is an increase of 1,181 hours in the total estimated annual hours burden (397,298 hours in 2022, 398,479 in 2025). The differences in the estimates of the total annual hours burdens and labor costs are due to adjustments to the estimates, and do not constitute program changes. They are attributable to an increase in the overall number of covered entities.

Annual Cost to Federal Government: $65,516

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]? 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: Whitney Moore 202 326-2645 wmoore@ftc.gov

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