FR VV 83-C justification

PAPERWORK REDUCTION ACT
CHANGE WORKSHEET
Agency/Subagency

OMB control number

Board of Governors of the Federal Reserve System

7

1

0

0

-

0

3

6

0

Enter only items that change
Current Record

New Record

50,824

1,861

332,849

9,352

0

0

Agency form number(s)

FR VV
Annual reporting and recordkeeping
hour burden
Number of respondents
Total annual responses
Percent of these responses
collected electronically

%
1,085,690

Total annual hours

200,510

(885,180)

Difference
Explanation of difference:

%

Program change

(885,180)

Adjustment
Annual reporting and recordkeeping
cost burden (in thousands of dollars)
Total annualized Capital/Startup costs
Total annual costs (O&M)
Total annualized cost requested
Difference
Explanation of difference:

Program change
Adjustment

Other Change**

The decrease in burden reflects an adjustment to the burden methodology used by the agencies and a
reduction in the number of respondents from the joint final rule (84 FR 35008; July 22, 2019).
Signature of Senior Official or designee:

Date:

For OIRA Use

** This form cannot be used to extend an expiration date.
OMB 83-C

10/95