[Federal Register Volume 75, Number 158 (Tuesday, August 17, 2010)]
[Notices]
[Pages 50763-50764]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-20283]
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Background. On June 15, 1984, the Office of Management and
Budget (OMB) delegated to the Board of Governors of the Federal Reserve
System (Board) its approval authority under the Paperwork Reduction Act
(PRA), as per 5 CFR 1320.16, to approve of and assign OMB control
numbers to collection of information requests and requirements
conducted or sponsored by the Board under conditions set forth in 5 CFR
1320 Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the Paperwork Reduction Act
Submission, supporting statements and approved collection of
information instruments are placed into OMB's public docket files. The
Federal Reserve may not conduct or sponsor, and the respondent is not
required to respond to, an information collection that has been
extended, revised, or implemented on or after October 1, 1995, unless
it displays a currently valid OMB control number.
Request for Comment on Information Collection Proposals
The following information collections, which are being handled
under this delegated authority, have received initial Board approval
and are hereby published for comment. At the end of the comment period,
the proposed information collections, along with an analysis of
comments and recommendations received, will be submitted to the Board
for final approval under OMB delegated authority. Comments are invited
on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. The accuracy of the Federal Reserve's estimate of the burden of
the proposed information collection, including the validity of the
methodology and 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before October 18, 2010.
ADDRESSES: You may submit comments, identified by FR 29a,b, by any of
the following methods:
Agency Web Site: http://www.federalreserve.gov. Follow the
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail: [email protected]. Include the OMB
control number in the subject line of the message.
FAX: 202/452-3819 or 202/452-3102.
Mail: Jennifer J. Johnson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue,
NW., Washington, DC 20551.
All public comments are available from the Board's Web site at
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as
submitted, unless modified for technical reasons. Accordingly, your
comments will not be edited to remove any identifying or contact
information. Public comments may also be viewed electronically or in
paper form in Room MP-500 of the Board's Martin Building (20th and C
Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.
Additionally, commenters should send a copy of their comments to
the OMB Desk Officer by mail to the Office of Information and
Regulatory Affairs, U.S. Office of Management and Budget, New Executive
Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503
or by fax to 202-395-6974.
FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission,
including the proposed reporting form and instructions, supporting
statement, and other documentation will be placed into OMB's public
docket files, once approved. These documents will also be made
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/boarddocs/reportforms/review.cfm or may be
requested from the agency clearance officer, whose name appears below.
Michelle Shore, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact (202-263-4869).
Proposal to approve under OMB delegated authority the extension for
three years, without revision, of the following report:
Report title: Compensation and Salary Surveys.
Agency form number: FR 29a,b.
OMB control number: 7100-0290.
Frequency: FR 29a, annually; FR 29b, on occasion.
Reporters: Employers considered competitors for Federal Reserve
employees.
Estimated annual reporting hours: FR 29a, 210 hours; FR 29b, 50
hours.
Estimated average hours per response: FR 29a, 6 hours; FR 29b, 1
hour.
Number of respondents: 45.
General description of report: This information collection is
authorized pursuant sections 10(4) and 11(1) of the Federal Reserve
Act, (12 U.S.C. section 244 and 248(1)) and is voluntary. These
statutory provisions grant the Federal Reserve Board independence to
determine its employees' salaries and compensation. Individual
respondent data are regarded as confidential under the Freedom of
Information Act (FOIA) (5 U.S.C 552 (b)(4) and (6)). Any aggregate
reports produced are not subject to FOIA exemptions.
Abstract: The Federal Reserve along with other Financial
Institutions Reforms, Recovery and Enforcement Act of 1989 (FIRREA)
agencies \1\ conduct the
[[Page 50764]]
FR 29a survey jointly. The FR 29b is collected by Board staff. The FR
29a,b collect information on salaries, employee compensation policies,
and other employee programs from employers that are considered
competitors of the Federal Reserve Board. The data from the surveys
primarily are used to determine the appropriate salary structure and
salary adjustments for Federal Reserve Board employees so that salary
ranges are competitive with other organizations offering similar jobs.
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\1\ For purposes of this proposal the FIRREA agencies consist
of: The Federal Reserve Board, the Office of the Comptroller of the
Currency, the Federal Deposit Insurance Corporation, the Office of
Thrift Supervision, the National Credit Union Administration, the
Commodities Futures Trading Commission, the Farm Credit
Administration, and the Securities and Exchange Commission.
Board of Governors of the Federal Reserve System, August 12,
2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-20283 Filed 8-16-10; 8:45 am]
BILLING CODE 6210-01-P