Disclosure and Reporting of CRA-Related Agreements (12 CFR 35)

Forms and Documents

Document	Type	Status	Availability
1557-0219.forNonsub.change.doc	Justification for No Material/Nonsubstantive Change	Uploaded 2011-08-16	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
20121	Disclosure and Reporting of CRA-Related Agreements (12 CFR 35)		Modified

ICR Details

OMB Control No: 1557-0219	ICR Reference No: 201108-1557-006
Status: Historical Active	Previous ICR Reference No: 201001-1557-002
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Disclosure and Reporting of CRA-Related Agreements (12 CFR 35)
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/29/2011
	Date Received in OIRA: 08/17/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2013	06/30/2013	06/30/2013
Responses	1,166	0	1,161
Time Burden (Hours)	1,393	0	1,206
Cost Burden (Dollars)	0	0	0

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Abstract: The information collections are required under section 711 of the Gramm-Leach-Bliley Act. This section requires that certain agreements that are in fulfillment of the CRA are to be disclosed to the public and the appropriate Federal banking agencies. The information will assist the public in assessing whether the parties are meeting their obligations under the agreements and CRA.

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Authorizing Statute(s): PL: Pub.L. 106 - 102 Sec. 711 Name of Law: Gramm-Leach-Bliley Act
  

Citations for New Statutory Requirements: PL: Pub.L. 111 - 203 124 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 3785	01/22/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 18570	04/12/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Disclosure and Reporting of CRA-Related Agreements (12 CFR 35)

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ICR Summary of Burden

	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	1,166	1,161	5	0	0	0
Annual Time Burden (Hours)	1,393	1,206	187	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: OCC is citing an increase in the burden due to an increase in the number of respondents as a result of implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, 124 Stat. 1376 (2010). Public disclosure of covered agreements enables the public to know which insured depository institutions, affiliates, and NGEPs enter into such agreements, as well as the terms of the agreements. Public disclosure of covered agreements enables the public to know which insured depository institutions, affiliates, and nongovernmental entities or persons enter into such agreements, as well as the terms of the agreements.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 08/17/2011

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