Minority and Women Inclusion

ICR 201406-2590-001

OMB: 2590-0014

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
211916
New
ICR Details
2590-0014 201406-2590-001
Historical Inactive
FHFA
Minority and Women Inclusion
New collection (Request for a new OMB Control Number)   No
Regular
Comment filed on proposed rule 08/01/2014
Retrieve Notice of Action (NOA) 06/16/2014
OMB files this comment in accordance with 5 CFR 1320.11(c). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. In accordance with 5 CFR 1320, the information collection is not approved at this time. Prior to publication of the final rule, the agency should provide to OMB a summary of all comments received on the proposed information collection and identify any changes made in response to these comments.
  Inventory as of this Action Requested Previously Approved
36 Months From Approved
0 0 0
0 0 0
0 0 0

The Federal Housing Finance Agency is proposing to amend its regulation on minority and women inclusion by requiring the Federal Home Loan Banks (Banks) and the Office of Finance to include in the contents of their annual reports certain demographic information related to their boards of directors as well as a description of their related activities during the reporting year. Under proposed § 1207.23(b)(9)(i), each Bank and the Office of Finance would be required to request annually that each member of its board of directors provide, on a voluntary basis, self-identification of his or her demographic classification, without including personally identifiable information. Proposed § 1207.23(b)(9) and proposed § 1207.22(c) would require that each Bank and the Office of Finance submit the baseline board demographic information collected to FHFA as part of the annual report it is already required to submit under existing part 1207.

US Code: 12 USC 4520 Name of Law: Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended
   US Code: 12 USC 1833e Name of Law: null
   EO: EO 11478 Name/Subject of EO: Equal employment opportunity in the Federal Government
  
None

2590-AA67 Proposed rulemaking

No

1
IC Title Form No. Form Name
Minority and Women Inclusion

Yes
Changing Regulations
No
Each Bank and the Office of Finance is required to implement policies and procedures to promote diversity in all of its business and activities "at all levels" and, specifically, to encourage diversity in the nomination and solicitation of nominees for members of its boards of directors. FHFA would like to establish a baseline to analyze future trends related to the diversity of the boards of directors of the Banks and the Office of Finance and to assess the effectiveness of the strategies developed by the Banks and the Office of Finance for promoting, developing and retaining board diversity talent. Because the type of demographic information needed is not available from any other source, FHFA is amending its regulations to require the Banks and Office of Finance to ask their directors to submit such information voluntarily.

$0
No
No
No
No
Yes
Uncollected
Nancy Burnett 202 649-3017 nancy.burnett@fhfa.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
06/16/2014


© 2024 OMB.report | Privacy Policy