Notice2025-07400
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension
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
April 30, 2025
Issuing agencies
Federal Trade Commission
Abstract
The FTC requests that the Office of Management and Budget (OMB) extend for three years the current Paperwork Reduction Act (PRA) clearance for information collection requirements contained in the agency's shared enforcement with the Consumer Financial Protection Bureau (CFPB) of the CFPB's rule on Duties of Consumer Reporting Agencies Regarding Disclosures to Consumers (Rule). That clearance expires on April 30, 2025.
Full Text
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<title>Federal Register, Volume 90 Issue 82 (Wednesday, April 30, 2025)</title>
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[Federal Register Volume 90, Number 82 (Wednesday, April 30, 2025)]
[Notices]
[Pages 17936-17937]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-07400]
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FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension
AGENCY: Federal Trade Commission (FTC).
ACTION: Notice and request for comment.
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SUMMARY: The FTC requests that the Office of Management and Budget
(OMB) extend for three years the current Paperwork Reduction Act (PRA)
clearance for information collection requirements contained in the
agency's shared enforcement with the Consumer Financial Protection
Bureau (CFPB) of the CFPB's rule on Duties of Consumer Reporting
Agencies Regarding Disclosures to Consumers (Rule). That clearance
expires on April 30, 2025.
DATES: Comments must be received by May 30, 2025.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function. The
<a href="http://reginfo.gov">reginfo.gov</a> web link is a United States Government website produced by
OMB and the General Services Administration (GSA). Under PRA
requirements, OMB's Office of Information and Regulatory Affairs (OIRA)
reviews Federal information collections.
FOR FURTHER INFORMATION CONTACT: Ryan Mehm, Attorney, Bureau of
Consumer Protection, (202) 326-2918, <a href="/cdn-cgi/l/email-protection#9deff0f8f5f0ddfbe9feb3faf2eb"><span class="__cf_email__" data-cfemail="a2d0cfc7cacfe2c4d6c18cc5cdd4">[email protected]</span></a>, Federal Trade
Commission, 600 Pennsylvania Avenue NW, Washington, DC 20580.
SUPPLEMENTARY INFORMATION:
Title: Regulation V, Subpart N (12 CFR 1022.130--1022.138).
OMB Control Number: 3084-0128.
Type of Review: Extension of a currently approved collection.
Annual Burden: After halving the updated estimates to split the PRA
burden with the CFPB regarding the Rule, the FTC's burden totals are
121,818 hours, $3,135,077 in associated labor costs,\1\ and $4,010,500
in capital/non-labor costs.
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\1\ This estimate is updated from the prior estimate of
$2,973,410 that was included in the 60-Day Federal Register notice
and is based on more current information from the Bureau of Labor
Statistics. See Table 1, National employment and wage data from the
Occupational Employment Statistics survey by occupation, May 2024,
at <a href="https://www.bls.gov/news.release/ocwage.t01.htm">https://www.bls.gov/news.release/ocwage.t01.htm</a>, which was made
publicly available on April 2, 2025.
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Abstract: The FTC shares enforcement authority with the CFPB for
subpart N of Regulation V. Subpart N requires nationwide consumer
reporting agencies and nationwide consumer specialty reporting agencies
to provide to consumers, upon request, one free file disclosure within
any 12-month period. Generally, it requires the nationwide consumer
reporting agencies, as defined in Section 603(p) of the Fair Credit
Reporting Act (FCRA), 15 U.S.C. 1681a(p), to create and operate a
centralized source that provides consumers with the ability to request
their free annual file disclosures from each of the nationwide consumer
reporting agencies through a centralized internet website, toll-free
telephone number, and postal address. Subpart N also requires the
nationwide consumer reporting agencies to establish a standardized form
for internet and mail requests for annual file disclosures and provides
a model standardized form that may be used to comply with that
requirement. It additionally requires nationwide specialty consumer
reporting agencies, as defined in Section 603(w) of the FCRA, 15 U.S.C.
1681a(w), to establish a streamlined process for consumers to request
annual file disclosures. This streamlined process must include a toll-
free telephone number for consumers to make such requests.
Request for Comment
On February 13, 2025, the FTC sought public comment on the
information collection requirements associated with the Rule. 90 FR
9549. The Commission received no comments. Pursuant to the OMB
regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et
seq., the FTC is providing this second opportunity for public comment
while seeking OMB approval to renew the pre-existing clearance for the
Rules.
Your comment--including your name and your state--will be placed on
the public record of this proceeding. Because your comment will be made
public, you are solely responsible for making sure that your comment
does not include any sensitive personal information, such as anyone's
Social Security number; date of birth; driver's license number or other
state identification number, or foreign country equivalent; passport
number; financial account number; or credit or debit card number. You
are also solely responsible for making sure that your comment does not
include any sensitive health information, such as medical records or
other individually identifiable health information. In addition, your
comment should not
[[Page 17937]]
include any ``trade secret or any commercial or financial information
which . . . is privileged or confidential''--as provided by Section
6(f) of the FTC Act, 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16 CFR
4.10(a)(2)--including in particular competitively sensitive information
such as costs, sales statistics, inventories, formulas, patterns,
devices, manufacturing processes, or customer names.
Josephine Liu,
Assistant General Counsel for Legal Counsel.
[FR Doc. 2025-07400 Filed 4-29-25; 8:45 am]
BILLING CODE 6750-01-P
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</html>Indexed from Federal Register on April 30, 2025.
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