The Food Coupon Deposit Document is
used by all financial institutions when remitting food coupons to
the Federal Reserve. This form allows financial institutions, the
Federal Reserve & FNS to track food coupon deposits.
US Code:
7
USC 2011-2019 Name of Law: Food Stamp Act of 1977
This decrease in burden hours
is based on an average of 369 banks completing an average of 1,390
FCDDs annually. The total burden, however, has been reduced from
176 hours to 14 hours due to fewer documents being processed as EBT
was implemented nationwide and currently 100 percent of all food
stamp benefits are issued electronically. This is an adjustment
with a reduction of 162 hours.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.