Disclosure Requirements Concerning Business Opportunities

ICR 201412-3084-003

OMB: 3084-0142

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2014-12-04
ICR Details
3084-0142 201412-3084-003
Historical Active 201112-3084-013
FTC
Disclosure Requirements Concerning Business Opportunities
Extension without change of a currently approved collection   No
Regular
Approved without change 01/12/2015
Retrieve Notice of Action (NOA) 12/11/2014
  Inventory as of this Action Requested Previously Approved
01/31/2018 36 Months From Approved 02/28/2015
3,125,465 0 3,163,773
10,065 0 10,533
3,062,139 0 3,068,843

The Federal Trade Commission ("FTC") seeks to extend for an additional three years its OMB clearance for the information collection requirements contained in the FTC's Business Opportunity Rule.

US Code: 15 USC 41-58 Name of Law: Federal Trade Commission Act
  
None

Not associated with rulemaking

  79 FR 54276 09/11/2014
79 FR 73074 12/09/2014
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 3,125,465 3,163,773 0 0 -38,308 0
Annual Time Burden (Hours) 10,065 10,533 0 0 -468 0
Annual Cost Burden (Dollars) 3,062,139 3,068,843 0 0 -6,704 0
No
No
Minor differences in hours and costs from the most recent prior submitted clearance request are due to changed estimates of industry population. The estimates of time to develop a disclosure document for entities newly exposed to the Rule (5 hours) and for other entities to update their disclosure documents (2 hours) remain the same.

$156,000
No
No
No
No
No
Uncollected
Christine Todaro 202 326-3711 ctodaro@ftc.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.
12/11/2014


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