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View ICR - OIRA Conclusion

OMB Control No: 7100-0357	ICR Reference No: 202503-7100-007
Status: Active	Previous ICR Reference No: 202503-7100-006
Agency/Subagency: FRS	Agency Tracking No: FR 2420
Title: Report of Selected Money Market Rates
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: 03/07/2025
	Date Received in OIRA: 03/07/2025
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2028	36 Months From Approved	03/31/2025
Responses	69,250	0	69,250
Time Burden (Hours)	133,825	0	119,825
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	69,250	69,250	0
Annual Time Burden (Hours)	133,825	119,825	14,000
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: No

Burden Reduction Due to:

Short Statement: The estimated total annual burden for the FR 2420 is 119,825 hours, and would increase to 133,825 with the revisions. The Board estimates that the average hours per response would increase by 0.5 hours for commercial banks, savings associations, and significant banking organizations. The burden for U.S. branches and agencies of foreign banks and IBFs would not change.

Annual Cost to Federal Government: $655,500

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: Mark Tokarski 202-452-5241 Mark.E.Tokarski@frb.gov

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