07-5366. Appraisal Subcommittee; 60 Day Notice of Intent To Request Clearance for Extension of Collection of Information; Opportunity for Public Comment

AGENCY:

Appraisal Subcommittee, Federal Financial Institutions Examination Council.

ACTION:

Notice of intent to request from the Office of Management and Budget (“OMB”) clearance for extension of collection of information and request for comments.

SUMMARY:

In accordance with the Paperwork Reduction Act of 1995 and 5 CFR part 1320, Reporting and Recordkeeping Requirements, the Appraisal Subcommittee of the Federal Financial Institutions Examination Council (“ASC”) is soliciting comments on the need for the collection of information contained in 12 CFR part 1102, Subpart C, Rules Pertaining to the Privacy of Individuals and Systems of Records Maintained by the Appraisal Subcommittee. The ASC also requests comments on the practical utility of the collection of information; the accuracy of the burden hour estimate; ways to enhance the quality, utility, and clarity of the information to be collected; and ways to minimize the burden to respondents, including use of automated information collection techniques or other forms of information technology.

DATES:

Comments on this information collection must be received on or before December 28, 2007.

ADDRESSES:

Send comments to Ben Henson, Executive Director, Appraisal Subcommittee, 2000 K Street, NW., Suite 310, Washington, DC 20006.

FOR FURTHER INFORMATION CONTACT:

Marc L. Weinberg, General Counsel, Appraisal Subcommittee, at 2000 K Street, NW., Suite 310, Washington, DC 20006 or [phone].

SUPPLEMENTARY INFORMATION:

Title: 12 CFR part 1102, subpart C; Rules Pertaining to the Privacy of Individuals and Systems of Records Maintained by the Appraisal Subcommittee.

ASC Form Number: None.

OMB Number: 3139-0004.

Expiration Date: Three years from OMB approval date.

Type of Request: Extension of existing collection of information.

Description of Need: The information sets out detailed procedures implementing the Privacy Act of 1974, as amended, 12 U.S.C. 552a.

Automated Data Collection: None.

Description of Respondents: State, local or tribal government; individuals or households; not-for-profit institutions; farms; business or other for-profit; and Federal government.

Estimated Average Number of Respondents: 4 respondents.

Estimated Average Number of Responses: Once per respondent.

Estimated Average Burden Hours per Response: 4.25 hours.

Estimated Average Reporting Burden: 17 hours.

Dated: October 24, 2007.

By the Appraisal Subcommittee of the Federal Financial Institutions Examination Council.

Ben Henson,

Executive Director.