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Federal Register / Vol. 86, No. 160 / Monday, August 23, 2021 / Rules and Regulations quarter of calendar year 2021 using Collect, starting on December 1, 2021.
Collect uses interactive forms to guide submitters through the submission process. After submitting certain identifying information as required by 12 CFR 1026.58c1i, issuers will be prompted to upload the required documents using Collect. Issuers will be able to upload an agreement, a pricing addendum, and if applicable, a variable terms addendum. Pursuant to 12 CFR
1026.58c8iiA, pricing information must be set forth in a single addendum, so an issuer must submit only one pricing addendum with each agreement.
File Format Credit card agreements submitted through Collect must be in the PDF file format, and must be text-searchable, digitally created PDFs. These PDF files should not be scanned documents, otherwise known as image-only PDFs, as these are not text-searchable. For questions about file formats, please contact the Bureau at Collect_Support@
cfpb.gov.
Compliance Resources For quarterly credit card agreement submissions that must be made pursuant to 12 CFR 1026.58, the Bureau is developing compliance resources to assist issuers in using Collect, including a user guide, a quick reference guide, frequently asked questions, and a webinar. These resources will be available on the Bureaus website at a later date. For technical assistance regarding these submissions, issuers can contact the Bureau at Collect_Support@
cfpb.gov.

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C. Submission of College Credit Card Marketing Agreements and Data The Bureau has established Collect as the mandatory vehicle for the submission of annual reports related to college credit card marketing agreements and data required under 12
CFR 1026.57. Issuers must use Collect to submit to the Bureau, no later than March 31, 2022, the required information for the college credit card marketing agreements to which the issuers were a party during calendar year 2021. Issuers must also use Collect to make future college credit card marketing agreement and data submissions. Collect can be accessed at https collect.consumerfinance.gov.
Issuers can begin the registration process for Collect immediately. To register, issuers that have not already registered for Collect must complete a registration form and submit it to
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Collect_Support@cfpb.gov.46 The Collect registration form is available at https files.consumerfinance.gov/f/
documents/cfpb_collect-registration.pdf.
Once submitters receive their login credentials, they will be able to make the required submissions using Collect, starting in January 2022.
Collect uses interactive forms to guide submitters through the submission process. After submitting certain identifying information as required by 12 CFR 1026.57d2i, issuers will be prompted to submit the required college credit card marketing agreements and data into Collect.
File Format College credit card marketing agreements submitted through Collect must be in the PDF file format, and must be text-searchable, digitally created PDFs, except where noted in the Bureaus compliance resources. For documents that must be text-searchable, these files should not be scanned documents, otherwise known as imageonly PDFs, as these are not textsearchable. For questions about file formats, please contact the Bureau at Collect_Support@cfpb.gov.
Compliance Resources For college credit card marketing agreement and data submissions that must be made under 12 CFR 1026.57, the Bureau is developing compliance resources to assist issuers in using Collect, including a user guide, a quick reference guide, frequently asked questions, and a webinar. These resources will be available on the Bureaus website at a later date. For technical assistance regarding these submissions, issuers can contact the Bureau at Collect_Support@cfpb.gov.
III. Legal Authority The Bureau is issuing this rule pursuant to its authority under section 1022b1 of the Dodd-Frank Act, which authorizes the Bureau to prescribe rules as may be necessary or appropriate to enable the Bureau to administer and carry out the purposes and objectives of Federal consumer financial law.47 The Bureau is also issuing this rule pursuant to TILA sections 105a 48 and 122d5.49 TILA section 105a authorizes the Bureau to prescribe 46 Issuers
who are not otherwise registered for Collect i.e., because they are TCCP Survey respondents already registered for Collect are encouraged to register as early as possible. For questions concerning the registration form, please contact the Collect Support Team at Collect_
Support@cfpb.gov.
47 12 U.S.C. 5512b1.
48 15 U.S.C. 1604a.
49 15 U.S.C. 1632d5.

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regulations to carry out the purposes of TILA. TILA section 122d5, regarding credit card agreements, authorizes the Bureau to promulgate regulations to implement section 122d.
IV. Regulatory Requirements The Bureau has concluded that these technical specifications constitute a rule of agency organization, procedure, or practice exempt from the notice and comment rulemaking requirements under the Administrative Procedure Act APA, pursuant to 5 U.S.C. 553b.
Because the procedural rule relates solely to agency procedure and practice, it is not substantive, and therefore is not subject to the 30-day delayed effective date for substantive rules under section 553d of the APA. Because no notice of proposed rulemaking is required, the Regulatory Flexibility Act does not require an initial or final regulatory flexibility analysis.
V. Paperwork Reduction Act Under the Paperwork Reduction Act of 1995 PRA,50 Federal agencies are generally required to seek Office of Management and Budget OMB
approval for information collection requirements prior to implementation.
Under the PRA, the Bureau may not conduct or sponsor and, notwithstanding any other provision of law, a person is not required to respond to an information collection unless the information collection displays a valid control number assigned by OMB. The collections of information related to this rule have been previously reviewed and approved by OMB and assigned OMB
Control Numbers 31700001 and 3170
0052. The Bureau has determined that these technical specifications do not impose any new recordkeeping, reporting, or disclosure requirements on covered entities or members of the public that would be collections of information requiring approval by OMB
under the PRA. Rather, the Bureau estimates that these specifications will slightly reduce the cost burden for covered entities compared to existing submission practices.
VI. Signing Authority The Acting Director of the Bureau, David Uejio, having reviewed and approved this document, is delegating the authority to electronically sign this document to Laura Galban, a Bureau Federal Register Liaison, for purposes of publication in the Federal Register.
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