Notice2025-17284
Agency Information Collection Activities; Submission for OMB Review; Comment Request
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
September 9, 2025
Issuing agencies
Federal Trade Commission
Abstract
The Federal Trade Commission ("FTC" or "Commission") requests that the Office of Management and Budget ("OMB") extend for an additional three years the current Paperwork Reduction Act ("PRA") clearance for the information collection requirements in the regulations governing "Duties of Furnishers of Information to Consumer Reporting Agencies" ("Information Furnishers Rule"), which applies to certain motor vehicle dealers, and its shared enforcement with the Consumer Financial Protection Bureau ("CFPB") of the furnisher provisions (subpart E) of the CFPB's Regulation V regarding other entities. That clearance expires on September 30, 2025.
Full Text
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<title>Federal Register, Volume 90 Issue 172 (Tuesday, September 9, 2025)</title>
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[Federal Register Volume 90, Number 172 (Tuesday, September 9, 2025)]
[Notices]
[Pages 43430-43431]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-17284]
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FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Submission for OMB
Review; Comment Request
AGENCY: Federal Trade Commission.
ACTION: Notice.
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SUMMARY: The Federal Trade Commission (``FTC'' or ``Commission'')
requests that the Office of Management and Budget (``OMB'') extend for
an additional three years the current Paperwork Reduction Act (``PRA'')
clearance for the information collection requirements in the
regulations governing ``Duties of Furnishers of Information to Consumer
Reporting Agencies'' (``Information Furnishers Rule''), which applies
to certain motor vehicle dealers, and its shared enforcement with the
Consumer Financial Protection Bureau (``CFPB'') of the furnisher
provisions (subpart E) of the CFPB's Regulation V regarding other
entities. That clearance expires on September 30, 2025.
DATES: Comments must be submitted by October 9, 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 Review--Open for
Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Gorana Neskovic, Attorney, Division of
Privacy and Identity Protection, Bureau of Consumer Protection, (202)
326-2322, 600 Pennsylvania Ave. NW, CC-8232, Washington, DC 20580.
SUPPLEMENTARY INFORMATION:
Title: Duties of Furnishers of Information to Consumer Reporting
Agencies.
OMB Control Number: 3084-0144.
Type of Review: Extension without change of a currently approved
collection.
Affected Public: Private Sector: Businesses and other for-profit
entities.
Estimated Annual Burden Hours: 15,423 hours.
Estimated Annual Labor Costs: $942,021.
[[Page 43431]]
Estimated Annual Non-Labor Costs: $0.
Abstract: The Dodd-Frank Act \1\ transferred most of the FTC's
rulemaking authority for the furnisher provisions of the Fair Credit
Reporting Act (``FCRA'') \2\ to the CFPB. The FTC, however, retains
rulemaking authority for motor vehicle dealers that are predominantly
engaged in the sale and servicing of motor vehicles, the leasing and
servicing of motor vehicles, or both.\3\ In addition, the FTC retains
its authority to enforce the furnisher provisions of the FCRA and rules
issued under those provisions. Accordingly, the FTC and CFPB have
overlapping enforcement authority for many entities subject to CFPB's
Regulation V (subpart E), and the FTC has sole enforcement authority
for the motor vehicle dealers subject to the FTC rule.
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\1\ Public Law 111-203, 124 Stat. 1376 (2010).
\2\ 15 U.S.C. 1681 et seq.
\3\ See Dodd-Frank Act, sec. 1029(a), (c).
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Under Sec. 660.3 of the FTC's Information Furnishers Rule \4\ and
Sec. 1022.42 of the CFPB Rule,\5\ furnishers must establish and
implement reasonable written policies and procedures regarding the
accuracy and integrity of the information relating to consumers that
they furnish to a consumer reporting agency (``CRA'') for inclusion in
a consumer report.\6\ Section 660.4 of the FTC Rule and Sec. 1022.43
of the CFPB Rule require that entities which furnish information about
consumers to a CRA respond to direct disputes from consumers. These
provisions also require that a furnisher notify consumers by mail or
other means (if authorized by the consumer) within five business days
after making a determination that a dispute is frivolous or irrelevant
(``F/I dispute'').
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\4\ 16 CFR 660.3.
\5\ 12 CFR 1022.42.
\6\ The rule also provides that an entity is not a furnisher
when it: provides information to a CRA solely to obtain a consumer
report for a permissible purpose under the FCRA; is acting as a CRA
as defined in section 603(f) of the FCRA; is an individual consumer
to whom the furnished information pertains; or is a neighbor,
friend, or associate of the consumer, or another individual with
whom the consumer is acquainted or who may have knowledge about the
consumer's character, general reputation, personal characteristics,
or mode of living in response to a specific request from a CRA.
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Request for Comment: On May 16, 2025, the Commission sought comment
on the information collection requirements associated with the
Information Furnishers Rule. 90 FR 21032. No relevant comments
addressing the Rule's information collections were received. Pursuant
to the OMB regulations, 5 CFR part 1320, the FTC is providing this
second opportunity for public comment while seeking OMB approval to
renew clearance for the Rule's information collection requirements.
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, like 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, like medical records or other
individually identifiable health information. In addition, do not
include any ``[t]rade secret or any commercial or financial information
which is . . . privileged or confidential'' as provided in 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). In particular, do not include 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. 2025-17284 Filed 9-8-25; 8:45 am]
BILLING CODE 6750-01-P
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</html>Indexed from Federal Register on September 9, 2025.
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