Justification for No Material/Non-substantive Change

1557-0223.doc

Assessment of fees -- 12 CFR 8

Justification for No Material/Non-substantive Change

OMB: 1557-0223

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Assessment of Fees

12 CFR Part 8

Non-substantive Change

OMB Control No. 1557-0223


On July 21, 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, 124 Stat. 1376 (2010) (Dodd-Frank Act). As part of the comprehensive package of financial regulatory reform measures enacted, Title III of the Dodd-Frank Act transfers the powers, authorities, rights and duties of the Office of Thrift Supervision to other banking agencies, including the OCC, on the “transfer date.” The transfer date is one year after the date of enactment of the Dodd-Frank Act, July 21, 2011. The Dodd-Frank Act also abolishes the OTS ninety days after the transfer date. As a result of the Dodd-Frank Act, OCC is making a non-substantive change to this collection of information to include the thrift institutions it now regulates.


Current Burden:


9 respondents @ 2 responses per year = 18 responses

18 responses @ 1 hour per response = 18 burden hours


New Burden:


15 respondents @ 2 responses per year = 30 responses

30 responses @ 1 hour per response = 30 burden hours


Difference:


+ 6 respondents; + 12 responses; + 12 burden hours

/home/ec2-user/sec/disk/omb/icr/201108-1557-001/doc/26768101

File Typeapplication/msword
File TitleExamination Questionnaire
AuthorOCC
Last Modified ByOCC
File Modified2011-08-11
File Created2011-07-20

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