98-20061. Agency Information Collection Activities: Submission for OMB Review; Comment Request

[Federal Register Volume 63, Number 144 (Tuesday, July 28, 1998)]
[Notices]
[Page 40286]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-20061]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the information collection system 
described below.
    Type of Review: Renewal of a currently approved collection.
    Title: Recordkeeping and Disclosure Requirements in Connection with 
Regulation M (Consumer Leasing).
    OMB Number: 3064-0083.
    Annual Burden: Estimated annual number of respondents--6,100; 
Estimated time per response--4 hours; Average annual burden hours--
24,400 hours.
    Expiration Date of OMB Clearance: September 39, 1998.
    OMB Reviewer: Alexander T. Hunt, [phone], Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
Washington, DC 20503.
    FDIC Contact: Tamara R. Manly, [phone], Office of the 
Executive Secretary, Room F-4058, Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, DC 20429.
    Comments: Comments on this collection of information are welcome 
and should be submitted on or before August 27, 1998 to both the OMB 
reviewer and the FDIC contact listed above.

ADDRESSES: Information about this submission, including copies of the 
proposed collection of information, may be obtained by calling or 
writing the FDIC contact listed above.

SUPPLEMENTARY INFORMATION: Regulation M (12 CFR 2123) implements the 
consumer leasing provisions of the Truth in Lending Act. Regulation M 
is issued by the Board of Governors of the Federal Reserve System 
(``FRB'') under the authority of the Title I of the Consumer Credit 
Protection Act (15 U.S.C. 1601 et eq.). Section 105 of the Act (15 
U.S.C. 1604) designates the FRB as the issuer of the implementing 
regulations and section 108(a) of the Act (15 U.S.C. 1607) designates 
the FDIC as having the enforcement responsibilities in the case of 
insured nonmember banks.

    Dated: July 22, 1998.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 98-20061 Filed 7-27-98; 8:45 am]
BILLING CODE 6714-01-M