Recordkeeping and Disclosure Requirements in Connection with Regulation M (Consumer Leasing)

ICR 200807-7100-002

OMB: 7100-0202

Federal Form Document

Forms and Documents
Document
Name
Status
Justification for No Material/Nonsubstantive Change
2008-10-06
Supplementary Document
2008-10-06
Supporting Statement A
2008-10-05
IC Document Collections
IC ID
Document
Title
Status
36230
Unchanged
180575
Unchanged
ICR Details
7100-0202 200807-7100-002
Historical Active 200806-7100-007
FRS Reg M
Recordkeeping and Disclosure Requirements in Connection with Regulation M (Consumer Leasing)
Extension without change of a currently approved collection   No
Delegated
Approved without change 10/22/2008
Retrieve Notice of Action (NOA) 10/22/2008
  Inventory as of this Action Requested Previously Approved
10/31/2011 36 Months From Approved 11/30/2008
5,016 0 5,016
573 0 573
0 0 0

Regulation M implements the consumer leasing provisions of the Truth in Lending Act. The Act requires lessors to provide consumers with uniform cost and other disclosures about consumer lease transactions.

US Code: 15 USC 1604(a) and 1667(f) Name of Law: Truth in Lending Act
  
None

Not associated with rulemaking

  73 FR 40349 07/14/2008
73 FR 56856 09/29/2008
No

2
IC Title Form No. Form Name
Consumer Leasing Advertising (213.7)
Consumer Leasing Disclosures (213.4)

  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 5,016 5,016 0 0 0 0
Annual Time Burden (Hours) 573 573 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
John Schmidt 202-728-5859 [email protected]

  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.
10/22/2008


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