Agency Information Collection Activities: Submission for OMB Review; Comment Request
| Citation | 84 FR 16663 |
| Record Number | 2019-07985 |
| Published date | 22 April 2019 |
| Section | Notices |
| Court | Consumer Financial Protection Bureau |
Federal Register, Volume 84 Issue 77 (Monday, April 22, 2019)
[Federal Register Volume 84, Number 77 (Monday, April 22, 2019)]
[Notices]
[Pages 16663-16664]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07985]
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BUREAU OF CONSUMER FINANCIAL PROTECTION
[Docket No. CFPB-20198-0017]
Agency Information Collection Activities: Submission for OMB
Review; Comment Request
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Notice and request for comment.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Bureau of Consumer Financial Protection (Bureau) is proposing to
renew the Office of Management and Budget (OMB) approval for an
existing information collection titled, ``Interstate Land Sales Full
Disclosure Act''.
[[Page 16664]]
DATES: Written comments are encouraged and must be received on or
before May 22, 2019 to be assured of consideration.
ADDRESSES: Comments in response to this notice are to be directed
towards OMB and to the attention of the OMB Desk Officer for the Bureau
of Consumer Financial Protection. You may submit comments, identified
by the title of the information collection, OMB Control Number (see
below), and docket number (see above), by any of the following methods:
Electronic: http://www.regulations.gov. Follow the
instructions for submitting comments.
Email: [email protected].
Fax: (202) 395-5806.
Mail: Office of Management and Budget, New Executive
Office Building, Room 10235, Washington, DC 20503.
In general, all comments received will become public records,
including any personal information provided. Sensitive personal
information, such as account numbers or Social Security numbers, should
not be included.
FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of
this information collection request is available at www.reginfo.gov
(this link becomes active on the day following publication of this
notice). Select ``Information Collection Review,'' under ``Currently
under review, use the dropdown menu ``Select Agency'' and select
``Consumer Financial Protection Bureau'' (recent submissions to OMB
will be at the top of the list). The same documentation is also
available at http://www.regulations.gov. Requests for additional
information should be directed to Darrin King at (202) 435-9575, or
email: [email protected]. If you require this document in an
alternative electronic format, please contact
[email protected]. Please do not submit comments to these
email boxes.
SUPPLEMENTARY INFORMATION:
Title of Collection: Interstate Land Sales Full Disclosure Act
(Regulations J, K & L) 12 CFR 1010, 1011, 1012.
OMB Control Number: 3170-0012.
Type of Review: Extension without change of an existing information
collection.
Affected Public: Businesses and other for-profit entities.
Estimated Number of Respondents: 197.
Estimated Total Annual Burden Hours: 3,412.
Abstract: The Interstate Land Sales Full Disclosure Act (ILSA)
requires land developers to register subdivisions of 100 or more non-
exempt lots or units and to provide each purchaser with a disclosure
document designated as a property report, 15 U.S.C. 1703-1704. ILSA was
enacted in response to a nation-wide proliferation of developers of
unimproved subdivisions who made elaborate and often fraudulent, claims
about their land to unsuspecting lot purchasers. Information is
submitted to the Bureau of Consumer Financial Protection (Bureau) to
assure compliance with ILSA and the implementing regulations. The
Bureau also investigates developers who are not in compliance with the
regulations.
Request for Comments: The Bureau issued a 60-day Federal Register
notice on December 17, 2018, (83 FR 64566), Docket Number: CFPB-2018-
0041. Comments were solicited and continue to be invited on: (a)
Whether the collection of information is necessary for the proper
performance of the functions of the Bureau, including whether the
information will have practical utility; (b) The accuracy of the
Bureau's estimate of the burden of the collection of information,
including the validity of the methods and the assumptions used; (c)
Ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) Ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology.
Comments submitted in response to this notice will be reviewed by OMB
as part of its review of this request. All comments will become a
matter of public record.
Dated: April 16, 2019.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial
Protection.
[FR Doc. 2019-07985 Filed 4-19-19; 8:45 am]
BILLING CODE 4810-AM-P
