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: 3170-0006	ICR Reference No: 202410-3170-001
Status: Active	Previous ICR Reference No: 202206-3170-002
Agency/Subagency: CFPB	Agency Tracking No:
Title: Consumer Leasing Act (Regulation M)
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: 01/10/2025
	Date Received in OIRA: 10/22/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2028	36 Months From Approved	10/31/2025
Responses	13,301	0	13,718
Time Burden (Hours)	2,062	0	2,126
Cost Burden (Dollars)	5,054	0	13,992

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	13,301	13,718	-417
Annual Time Burden (Hours)	2,062	2,126	-64
Annual Cost Burden (Dollars)	5,054	13,992	-8,938

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: There are no program changes or changes to requirements in this information collection request. However, minor corrections were made to correct the total number of entities/respondents/responses from the prior 2022 submission from 13,718 to 13,393, as well as the total number of entities/respondents/responses that should have gone down from 13,393 to 13,301 due to net shrinkage in the number of establishments in the market.

Annual Cost to Federal Government: $0

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? No

Agency Contact: Simon Galed 202 435-7691

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