Loans in Areas Having Special Flood Hazards

ICR 200807-1550-001

OMB: 1550-0088

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2008-07-03
Supplementary Document
2008-07-03
Supporting Statement A
2008-07-03
IC Document Collections
IC ID
Document
Title
Status
19944
Modified
ICR Details
1550-0088 200807-1550-001
Historical Active 200505-1550-001
TREAS/OTS
Loans in Areas Having Special Flood Hazards
Extension without change of a currently approved collection   No
Regular
Approved without change 10/08/2008
Retrieve Notice of Action (NOA) 09/05/2008
  Inventory as of this Action Requested Previously Approved
10/31/2011 36 Months From Approved 10/31/2008
214,660 0 202,860
54,497 0 51,597
0 0 0

Lending Institutions are required by statute and OTS regulations to use the standard flood hazard determination form developed by FEMA when determining whether property securing the loan is or will be located in a special flood hazard and are required to retain a copy of the completed form.

US Code: 42 USC 4012(a) and 4016(b) Name of Law: Flood Disaster Protection Act of 1973
   US Code: 42 USC 4104(a) and 4104(b) Name of Law: National Flood Insurance Act of 1968
  
None

Not associated with rulemaking

  73 FR 120 06/20/2008
73 FR 173 09/05/2008
No

1
IC Title Form No. Form Name
Loans in Areas Having Special Flood Hazards

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 214,660 202,860 0 0 11,800 0
Annual Time Burden (Hours) 54,497 51,597 0 0 2,900 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
OTS is citing an increase in the burden due to an increase in the number of responses.

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Ekita Mitchell 202 906-6451

  No

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.
09/05/2008


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