Federal Register - March 8, 2021

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Source: Federal Register

13380

Federal Register / Vol. 86, No. 43 / Monday, March 8, 2021 / Notices
jbell on DSKJLSW7X2PROD with NOTICES

from issuers of governmentadministered, general-use prepaid cards including information on the pre-paid card program, the number of cards outstanding, card funding, ATM
transactions, purchase transactions, fees paid by issuers to third parties, interchange fees, and cardholder fees.
The issuer survey FR 3063a is mandatory. The government survey FR
3063b, which is being discontinued, was designed to collect data from state governments, the District of Columbia, and U.S. territories collectively state governments, and municipal government offices located within the United States local government offices that administer general-use prepaid card payment programs.1 It was intended that the FR 3063b survey would collect similar information from state governments and local government offices to supplement the information collected from card issuers in the FR
3063a survey on the usage of generaluse prepaid cards in federal, state or local government-administered payment programs. However, the FR 3063b was voluntary, and the Board has not issued this survey to state governments or local government offices in the past three years because relevant information on the use of prepaid cards was obtained from the FR 3063a survey.
The Board uses data from the FR
3063a survey to support an annual report to Congress on the prevalence of use of general-use prepaid cards in federal, state, and local governmentadministered payment programs and on the interchange and cardholder fees charged with respect to such use of such cards.
Legal authorization and confidentiality: The issuer survey is authorized by subsection 920a7 of the Electronic Fund Transfer Act, 15
U.S.C. 1693o2a7, which was added by section 1075a of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This subsection requires the Board to submit an annual report to Congress on the prevalence of the use of general-use prepaid cards in federal, state, or local government-administered payment programs and the interchange transaction fees and card-holder fees charged with respect to the use of such general-use prepaid cards 15 U.S.C.
1693o2a7D. It also provides the 1 The government survey may be distributed to federal government agencies in addition to state and local governments and U.S. territories, but collections of information from federal government agencies are not subject to the Paperwork Reduction Act and, thus, are not included in this discussion.
U.S. territories include American Samoa, Guam, Midway Islands, Northern Mariana Islands, Puerto Rico, and U.S. Virgin Islands.

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Board with authority to require issuers to provide information to enable the Board to carry out the provisions of the subsection 15 U.S.C. 1693o2a3B.
The obligation of issuers to respond to the issuer survey is mandatory. The Board generally regards the information collected from each individual issuer on the FR 3063a survey as confidential commercial and financial information, which may be protected by exemption 4 of the Freedom of Information Act 5
U.S.C. 552b4. The Board, however, may publicly release aggregate or summary information in a way that does not reveal the individual issuer.
Current actions: On November 19, 2020, the Board published a notice in the Federal Register 85 FR 73708
requesting public comment for 60 days on the extension, with revision, of the Government-Administered, General-Use Prepaid Card Surveys. The Board proposed to revise and streamline the FR 3063a reporting structure to reduce burden on respondents by deleting various questions, which are no longer necessary to support the Boards annual report. In addition, the Board proposed to discontinue the FR 3063b. The comment period for this notice expired on January 19, 2021. The Board did not receive any comments. The revisions will be implemented as proposed.
Board of Governors of the Federal Reserve System, March 2, 2021.
Michele Taylor Fennell, Deputy Associate Secretary of the Board.
FR Doc. 202104689 Filed 3521; 8:45 am BILLING CODE 621001P

FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:

The Board of Governors of the Federal Reserve System Board invites comment on a proposal to extend for three years, without revision, the Recordkeeping Requirements Associated with Regulation GG FR GG;
OMB No. 71000317.
DATES: Comments must be submitted on or before May 7, 2021.
ADDRESSES: You may submit comments, identified by FR GG, by any of the following methods:
Agency Website: https
www.federalreserve.gov/. Follow the instructions for submitting comments at https www.federalreserve.gov/apps/
foia/proposedregs.aspx.
SUMMARY:

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Email: regs.comments@
federalreserve.gov. Include the OMB
number in the subject line of the message.
FAX: 202 4523819 or 202 452
3102.
Mail: Ann E. Misback, 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 Boards website at https
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenters request.
Accordingly, comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling 202 4523684.
Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments.
Additionally, commenters may send a copy of their comments to the Office of Management and Budget OMB Desk OfficerShagufta AhmedOffice of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC
20503, or by fax to 202 3956974.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance OfficerNuha ElmaghrabiOffice of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, 202
4523829.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the PRA to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies.
A copy of the Paperwork Reduction Act PRA OMB submission, including the reporting form and instructions, supporting statement, and other documentation will be available at
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Federal Register - March 8, 2021

TitreFederal Register

PaysÉtats-Unis

Date08/03/2021

Page count303

Edition count7800

Première édition14/03/1936

Dernière édition23/06/2026

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