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View ICR - OIRA Conclusion

OMB Control No: 7100-0346	ICR Reference No: 202410-7100-008
Status: Active	Previous ICR Reference No: 202410-7100-003
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: 10/22/2024
	Date Received in OIRA: 10/22/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2027	36 Months From Approved	10/31/2024
Responses	41	0	41
Time Burden (Hours)	216,129	0	201,207
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	41	41	0
Annual Time Burden (Hours)	216,129	201,207	14,922
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The estimated total annual burden for the FR QQ is 201,207 hours, and would increase to 216,129 hours with the revisions. The overall burden increase is due mainly to the application of guidance to several Category II and III firms (all domestic filers and some FBOs) that previously did not have any guidance that applied to them (they only had a resolution plan filing requirement, but no guidance for what capabilities that plan should include).

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. 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: Richard Palmer 202 502-8438 Richard.Palmer@ferc.gov

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