Notice2024-02184
Agency Information Collection Activities; Renewal of an Approved Information Collection: Reporting Information for the AMC Registry
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 5, 2024
Issuing agencies
Federal Financial Institutions Examination Council
Abstract
In accordance with the Paperwork Reduction Act of 1995, the ASC invites public comments on our intention to request the Office of Management and Budget (OMB) approval to renew an information collection request entitled "Reporting information for the AMC Registry."
Full Text
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<title>Federal Register, Volume 89 Issue 24 (Monday, February 5, 2024)</title>
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[Federal Register Volume 89, Number 24 (Monday, February 5, 2024)]
[Notices]
[Pages 7707-7708]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-02184]
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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
[Docket No. AS24-04]
Agency Information Collection Activities; Renewal of an Approved
Information Collection: Reporting Information for the AMC Registry
AGENCY: Appraisal Subcommittee of the Federal Financial Institutions
Examination Council (ASC).
ACTION: Notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
ASC invites public comments on our intention to request the Office of
Management and Budget (OMB) approval to renew an information collection
request entitled ``Reporting information for the AMC Registry.''
DATES: Written comments must be received on or before April 5, 2024 to
be assured of consideration.
ADDRESSES: Commenters are encouraged to submit comments by the Federal
eRulemaking Portal or email, if possible. You may submit comments,
identified by Docket Number AS24-04, by any of the following methods:
<bullet> Federal eRulemaking Portal: <a href="https://www.Regulations.gov">https://www.Regulations.gov</a>.
Follow the instructions for submitting comments. Click on the ``Help''
tab on the <a href="http://Regulations.gov">Regulations.gov</a> home page to get information on using
<a href="http://Regulations.gov">Regulations.gov</a>, including instructions for submitting public comments.
<bullet> E-Mail: <a href="/cdn-cgi/l/email-protection#7c0b191e111d0f08190e3c1d0f1f521b130a"><span class="__cf_email__" data-cfemail="265143444b47555243546647554508414950">[email protected]</span></a>. Include the docket number in
the subject line of the message.
<bullet> Fax: (202) 289-4101. Include the docket number of fax
cover sheet.
<bullet> Mail: Address to Appraisal Subcommittee, Attn: Lori
Schuster, Management and Program Analyst, 1325 G Street NW, Suite 500,
Washington, DC 20005.
<bullet> Hand Delivery/Courier: 1325 G Street NW, Suite 500,
Washington, DC 20005.
In general, the ASC will enter all comments received into the
docket and publish those comments on the <a href="http://Regulations.gov">Regulations.gov</a> website
without change, including any business or personal information that you
provide, such as name and address information, email addresses, or
phone numbers. Comments received, including attachments and other
supporting materials, are part of the public record and subject to
public disclosure. Do not enclose any information in your comment or
supporting materials that you consider confidential or inappropriate
for public disclosure. The ASC will summarize and/or include your
comments in the request for OMB's clearance of this information
collection.
You may review comments and other related materials that pertain to
this action by any of the following methods:
<bullet> Viewing Comments Electronically: Go to <a href="https://www.Regulations.gov">https://www.Regulations.gov</a>. Enter ``Docket ID AS24-04'' in the Search box and
click ``Search.'' Click on the ``Help'' tab on the <a href="http://Regulations.gov">Regulations.gov</a> home
page to get information on using <a href="http://Regulations.gov">Regulations.gov</a>, including
instructions for viewing public comments, viewing other supporting and
related materials, and viewing the docket after the close of the
comment period.
<bullet> Viewing Comments Personally: You may personally inspect
comments at the ASC office, 1325 G Street NW, Suite 500, Washington, DC
20005. To make an appointment, please call Lori Schuster at (202) 595-
7578.
FOR FURTHER INFORMATION CONTACT: Lori Schuster, Management and Program
Analyst, at (202) 595-7578, Appraisal Subcommittee, 1325 G Street NW,
Suite 500, Washington, DC 20005.
SUPPLEMENTARY INFORMATION:
Title: Reporting information for the AMC Registry.
OMB Number: 3139-0009.
Abstract: The Dodd-Frank Act requires the ASC to maintain the
National Registry of Appraisal Management Companies (AMC Registry) of
those AMCs that are either: (1) registered with and subject to
supervision by a State that has elected to register and supervise AMCs;
or (2) are Federally regulated AMCs. In order for a State to enter an
AMC on the AMC Registry, the following items are required entries by
the State via extranet application on the AMC Registry:
State Abbreviation
State Registration Number for AMC
Employer Identification Number (EIN)
AMC Name
Street Address
City
State
Zip
License or Registration Status
Effective Date
Expiration Date
AMC Type (State or multi-State)
Disciplinary Action
Effective Date
[[Page 7708]]
Expiration Date
Number of Appraisers (for invoicing registry fee)
States listing AMCs on the AMC Registry enter the above information
for each AMC for the initial entry only. After the initial entry, the
information is retained on the AMC Registry, and will only need to be
amended, if necessary, by the State. The estimate for burden assumes
that 51 States will continue to register and supervise AMCs, and that
the average number of AMCs in a State will be 101. This estimate is
based on information currently available on the AMC Registry, and will
be high for some States, and low for other States. As of January 16,
2024, 49 States are submitting data to the AMC Registry. The initial
entry by a State on a single AMC is estimated to take 15 minutes.
Subsequent entries to amend information on an AMC, annually or
periodically, are estimated to also be 15 minutes.
Current Action: Annual burden has been increased from 1,148 hours
to 1,275 as the number of 90 that was used in the previous collection
renewal estimate has been increased to 101.
Type of Review: Extension of a currently approved collection.
Affected Public: States.
Estimated Number of Respondents: 51 States.
Estimated burden per Response: 15 minutes.
Frequency of Response: Annually and on occasion.
Estimated total Annual Burden: 1,275 hours.
By the Appraisal Subcommittee.
James R. Park,
Executive Director.
[FR Doc. 2024-02184 Filed 2-2-24; 8:45 am]
BILLING CODE 6700-01-P
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