Notice2025-07410

Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

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 Reserve System

Abstract

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Census of Finance Companies and Other Lenders and Survey of Finance Companies (FR 3033p and FR 3033s; OMB No. 7100-0277).

Full Text

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[Federal Register Volume 90, Number 82 (Wednesday, April 30, 2025)]
[Notices]
[Page 17932]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-07410]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, with revision, the 
Census of Finance Companies and Other Lenders and Survey of Finance 
Companies (FR 3033p and FR 3033s; OMB No. 7100-0277).

DATES: The information collection revisions are effective for May 2025.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, <a href="/cdn-cgi/l/email-protection#29475c4148074c4544484e415b484b40694f5b4b074e465f"><span class="__cf_email__" data-cfemail="4e203b262f602b22232f29263c2f2c270e283c2c60292138">[email&#160;protected]</span></a>, (202) 
452-3884.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements (which contain more detailed 
information about the information collections and burden estimates than 
this notice), and approved collection of information instrument(s) are 
available at <a href="https://www.reginfo.gov/public/do/PRAMain">https://www.reginfo.gov/public/do/PRAMain</a>. These documents 
are also available on the Federal Reserve Board's public website at 
<a href="https://www.federalreserve.gov/apps/reportingforms/review">https://www.federalreserve.gov/apps/reportingforms/review</a> or may be 
requested from the agency clearance officer, whose name appears above. 
On the page displayed at the link above, you can find the supporting 
information by referencing the collection identifier, FR 3033p or FR 
3033s.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, With Revision, of the Following Information Collections

    Collection title: Census of Finance Companies and Other Lenders and 
Survey of Finance Companies.
    Collection identifier: FR 3033p and FR 3033s.
    OMB control number: 7100-0277.
    General description of collection: The FR 3033p is the first part 
of a two-stage survey series, which is a census survey designed to 
identify the universe of finance companies eligible for potential 
inclusion in the FR 3033s. It gathers limited information including 
total assets, areas of specialization, and information on the corporate 
structure of such companies. The second part of these information 
collections, the FR 3033s, collects balance sheet data on major 
categories of consumer and business credit receivables and major 
liabilities, along with income and expenses, and is used to gather 
information on the scope of a company's operations and loan and lease 
servicing activities. The data collected from this voluntary survey 
will be used for two purposes: to benchmark the consumer and business 
finance series collected on the Board's monthly Domestic Finance 
Company Report of Consolidated Assets and Liabilities (FR 2248; OMB No. 
7100-0005) and to increase the Federal Reserve's understanding of an 
important part of the financial system.
    Frequency: Quinquennially.
    Respondents: Finance companies.
    Total estimated number of respondents: 8,900.
    Total estimated change in burden: (1,584).
    Total estimated annual burden hours: 3,540.
    Current actions: On December 23, 2024, the Board published a notice 
in the Federal Register (89 FR 104541) requesting public comment for 60 
days on the extension, with revision, of the FR 3033p and FR 3033s. The 
Board proposed to revise the FR 3033p by removing an opt-in option and 
mortgage companies from the respondent panel, revising the wording of 
several questions, and adding the request of RSSD ID and the Nationwide 
Multistate Licensing System & Registry ID, when applicable. There were 
no proposed revisions to the FR 3033s as part of this clearance. The 
comment period for this notice expired on February 21, 2025. The Board 
did not receive any comments. The revisions will be implemented as 
proposed.

    Board of Governors of the Federal Reserve System.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025-07410 Filed 4-29-25; 8:45 am]
BILLING CODE 6210-01-P


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Indexed from Federal Register on April 30, 2025.

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