OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Recordkeeping and Disclosure Requirements in Connection with Regulation E (Electronic Funds Transfer)

ICR 200706-7100-005 · OMB 7100-0200 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
RegE_R1270.20070730.omb.doc Supporting Statement A Uploaded 2007-08-06 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
46170 Payroll card disclosures - Error resolution (205.18) Modified
46169 Payroll card disclosures - Periodic (205.18) Modified
46168 Payroll card disclosures - Initial (205.18) Modified
46162 One-time change - Disclosure at ATM (205.16(c)) Modified
46161 One-time change - Coverage (merchants & payees disclosures) (205.3(a) and 205.3(b)(2)) Modified
46160 One-time change - Initial disclosures (205.7) Modified
46158 Error resolution (205.8(b)) (205.11) Modified
46157 Periodic statements (205.10(b)) Modified
46155 Change-in-terms (205.8) Modified
36218 Initial disclosures (205.7) Modified
180817 One-time change - Transaction Disclosures (205.9) New
ICR Details
7100-0200 200706-7100-005
Historical Active 200612-7100-009
FRS Reg E (R-1270)
Recordkeeping and Disclosure Requirements in Connection with Regulation E (Electronic Funds Transfer)
Revision of a currently approved collection   No
Delegated
Approved without change 08/06/2007
Retrieve Notice of Action (NOA) 08/06/2007
  Inventory as of this Action Requested Previously Approved
01/31/2009 01/31/2009 01/31/2009
805,975 0 805,875
84,666 0 83,866
0 0 0
Regulation E establishes the rights, liabilities, and responsibilities of parties in electronic fund transfers (EFTs) and protects consumers using EFT systems. The information is also used to ensure adequate disclosure of basic terms, costs, and rights related to EFT services.
US Code: 15 USC 1693 Name of Law: Electronic Fund Transfer Act
  
None
7100-AD06 Final or interim final rulemaking 72 FR 36589 07/05/2007
  71 FR 69430 12/01/2006
72 FR 36589 07/05/2007
Yes
  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 805,975 805,875 0 100 0 0
Annual Time Burden (Hours) 84,666 83,866 0 800 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
One-time Change to Transaction Disclosures (Receipts at Electronic Terminals; Periodic Statements (205.9))The Federal Reserve amended § 205.9 to except EFTs of $15 or less from the requirement that financial institutions make a terminal receipt available at the time of the transaction.
$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.
08/06/2007