SUMMARY: In accordance with requirements of the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it
plans to submit to the Office of Management and Budget (OMB) a request
for OMB review and approval of the information collection system
Type of Review: Renewal of a currently approved collection.
Title: Recordkeeping and disclosure requirements in connection with
regulation Z (Truth in Lending).
OMB Number: 3064-0082.
Annual Burden: Estimated annual number of respondents--6,100;
Estimated time per response--787 hours; Average annual burden hours--
Expiration Date of OMB Clearance: September 30, 1998.
OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of
Management and Budget, Office of Information and Regulatory Affairs,
Washington, D.C. 20503.
FDIC Contact: Tamara R. Manly, (202) 898-7453, Office of the
Executive Secretary, Room F-4058, Federal Deposit Insurance
Corporation, 550 17th Street N.W., Washington, D.C. 20429.
Comments: Comments on this collection of information are welcome
and should be submitted on or before August 27, 1998 to both the OMB
reviewer and the FDIC contact listed above.
ADDRESSES: Information about this submission, including copies of the
proposed collection of information, may be obtained by calling or
writing the FDIC contact listed above.
SUPPLEMENTARY INFORMATION: Regulation Z (12 CFR 226) prescribes uniform
methods of computing the cost of credit, disclosure of credit terms,
and procedures for resolving billing errors
on certain credit accounts. Regulation Z is issued by the Board of
Governors of the Federal Reserve System (``FRB'') under the authority
of Title I of the Consumer Credit Protection Act (15 U.S.C. 1601 et
seq.). Section 105 of the Act (15 U.S.C. 1604) designates the FRB as
the issuer of the implementing regulations and section 108(a) of the
Act (15 U.S.C. 1607) designates the FDIC as having the enforcement
responsibilities in the case of insured nonmember banks.
Dated: July 22, 1998.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 98-20062 Filed 7-27-98; 8:45 am]
BILLING CODE 6714-01-M