[Federal Register Volume 81, Number 147 (Monday, August 1, 2016)]
[Notices]
[Pages 50483-50484]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18064]
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BUREAU OF CONSUMER FINANCIAL PROTECTION
[Docket No.: CFPB-2016-0040]
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 requesting to
renew the Office of Management and Budget (OMB) approval for an
existing information collection titled, ``Evaluation of Financial
Empowerment Training Program.''
DATES: Written comments are encouraged and must be received on or
before August 31, 2016 to be assured of consideration.
ADDRESSES: 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.
OMB: Office of Management and Budget, New Executive Office
Building, Room 10235, Washington, DC 20503 or fax to (202) 395-5806.
Mailed or faxed comments to OMB should be to the attention of the OMB
Desk Officer for the Bureau of Consumer Financial Protection.
Please note that comments submitted after the comment period will
not be accepted. 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 the Consumer Financial Protection
Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC
20552, (202) 435-9575, or email: [email protected]. Please do not
submit comments to this email box.
SUPPLEMENTARY INFORMATION:
Title of Collection: Evaluation of Financial Empowerment Training
Program.
OMB Control Number: 3170-XXXX (Formerly, 3170-0038).
Type of Review: Extension with change of a currently approved
collection.
Affected Public: Government social services entities, and not-for-
profit institutions.
Estimated Number of Respondents: 15,750.
Estimated Total Annual Burden Hours: 10,338.
Abstract: The Bureau's Office of Financial Empowerment
(Empowerment) is responsible for developing strategies to improve the
financial capability of low-income and economically vulnerable
consumers, such as consumers who are unbanked or underbanked, those
with thin or no credit file, and households with limited savings. To
address the needs of these consumers, Empowerment has developed the
Your Money, Your Goals toolkit and training program. These resources
equip frontline staff and volunteers in a range of organizations to
provide relevant and effective information, tools, and technical
assistance designed to improve the financial outcomes and capability of
these vulnerable consumers. The Bureau seeks to renew approval of the
information collection plan (ICP) to collect qualitative data related
to evaluating the effectiveness of this toolkit, collateral materials,
and training program. The proposed collections will focus on
evaluating: (1) Your Money, Your Goals training practices, toolkit, and
collateral materials in enhancing the ability of frontline staff and
volunteers to inform and educate low-
[[Page 50484]]
income consumers about managing their finances; (2) and to assess the
scope of workshop participants' use of the resources with the people
they serve. The Bureau expects to collect qualitative data through
paper-based and web-based surveys.
Request for Comments: The Bureau issued a 60-day Federal Register
notice on May 16, 2016 (81 FR 30256). This request is to obtain
approval to renew the OMB approval for the forms approved under OMB
control number 3170-0038. However, since the Bureau is converting this
OMB approval from a generic PRA approval to a standard PRA approval,
OMB has requested that the Bureau obtain a new OMB control number for
these forms. Upon OMB approval of this request, OMB No. 3170-0038 will
be discontinued. 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 summarized and/or
included in the request for OMB approval. All comments will become a
matter of public record.
Dated: July 26, 2016.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial
Protection.
[FR Doc. 2016-18064 Filed 7-29-16; 8:45 am]
BILLING CODE 4810-AM-P