Federal Register / Vol. 87, No. 124 / Wednesday, June 29, 2022 / Notices 38827 

TABLE 1—ESTIMATED TOTAL BURDEN FOR END USER FEEDBACK SURVEY—Continued 

Wave Number 

of contacts Participant type 

Estimated 

time burden 

per participant 

(in minutes) 

Frequency 

of burden 

Number of 

participants 

Burden 

hours * 

Burden 

hours 

per wave * 

Average 

annual total 

burden 

Wave 2 (Reminder Email 

#1).

90 Contacted potential participant (read email).1 1 90 2 17 

Recruited participant 

(completed Form 1343).

30 1 30 15 

Wave 3 (Reminder Email 

#2).

60 Contacted potential participant (read email).1 1 60 1 16 

Recruited participant 

(completed Form 1343).

30 1 30 15 

Total .......................... .................... ......................................... .......................... .................... .................... .................... 50 16.67 

* Rounded up to the nearest hour. 

TABLE 2—ESTIMATED TOTAL BURDEN FOR STRUCTURED INTERVIEWS

Wave Number 

of contacts Participant type 

Estimated 

time burden 

per participant 

(in minutes) 

Frequency 

of burden 

Number of 

participants 

Burden 

hours * 

Burden 

hours 

per wave * 

Average 

annual total 

burden 

Wave 1 (Initial Email Invitation).60 Contacted potential participant (read email).2 1 60 2 20 

Recruited participant 

(completed Form 1344).

90 1 12 18 

Wave 2 (Reminder Email 

#1).

48 Contacted potential participant (read email).2 1 48 2 20 

Recruited participant 

(completed Form 1344).

90 1 12 18 

Wave 3 (Reminder Email 

#2).

36 Contacted potential participant (read email).2 1 36 2 20 

Recruited participant 

(completed Form 1344).

90 1 12 18 

Wave 4 (Reminder Email 

#3).

24 Contacted potential participant (read email).2 1 24 1 19 

Recruited participant 

(completed Form 1344).

90 1 12 18 

Total .......................... .................... ......................................... .......................... .................... .................... .................... 79 26.33 

* Rounded up to the nearest hour. 

TABLE 3—OVERALL ESTIMATED TOTAL BURDEN

Information collection component Frequency 

Number of 

respondents 

per assessment 

Burden hours 

per collection 

Average 

annual total 

(hours) 

End User Feedback Survey .................................................................... 1 120 50 16.67 

Structured Interviews ............................................................................... 1 60 79 26.33 

Total .................................................................................................. .......................... 180 129 43 

Estimated Total Annual Burden Cost: 

Participation in this study is voluntary, 

and there are no costs to respondents 

beyond the time spent completing the 

end user feedback survey or structured 

interviews. 

Public Comments Invited: You are 

asked to comment on any aspects of this 

information collection, including (a) 

whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

Department, including whether the 

information will have practical utility; 

(b) the accuracy of the Department’s 

estimate of the burden of the proposed 

information collection; (c) ways to 

enhance the quality, utility and clarity 

of the information to be collected; and 

(d) ways to minimize the burden of the 

collection of information on 

respondents, including the use of 

automated collection techniques or 

other forms of information technology, 

e.g. permitting electronic submission of 

responses. 

Authority: The Paperwork Reduction 

Act of 1995; 44 U.S.C. chapter 35, as 

amended; 49 CFR 1.49; and DOT Order 

1351.29. 

Nanda Narayana Srinivasan, 

Associate Administrator, Research and 

Program Development. 

[FR Doc. 2022–13854 Filed 6–28–22; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Revision; Comment Request; 

Regulation E—Electronic Fund 

Transfer Act; Prepaid Account 

Provisions 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for 

comment. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites 


lotter on DSK11XQN23PROD with NOTICES1
38828 Federal Register / Vol. 87, No. 124 / Wednesday, June 29, 2022 / Notices 

1 15 U.S.C. 1693 et seq. 

2 12 CFR part 1005. 

3 81 FR 83934 (November 22, 2016), 82 FR 18975 

(April 25, 2017), and 83 FR 6364 (February 13, 

2018). 

4Electronic Signatures in Global and National 

Commerce Act (E-Sign Act) (15 U.S.C. 7001 et seq.). 

comment on a continuing information 

collection as required by the Paperwork 

Reduction Act of 1995 (PRA). An agency 

may not conduct or sponsor, and 

respondents are not required to respond 

to, an information collection unless it 

displays a currently valid Office of 

Management and Budget (OMB) control 

number. The OCC is soliciting comment 

concerning the renewal of its 

information collection titled 

‘‘Regulation E—Electronic Fund 

Transfer Act; Prepaid Card Provisions.’’ 

DATES: Comments must be submitted on 

or before August 29, 2022. 

ADDRESSES: Commenters are encouraged 

to submit comments by email, if 

possible. You may submit comments by 

any of the following methods: 

• Email: prainfo@occ.treas.gov. 

• Mail: Chief Counsel’s Office, 

Attention: Comment Processing, Office 

of the Comptroller of the Currency, 

Attention: 1557–0346, 400 7th Street 

SW, suite 3E–218, Washington, DC 

20219. 

• Hand Delivery/Courier: 400 7th 

Street SW, Suite 3E–218, Washington, 

DC 20219. 

• Fax: (571) 465–4326. 

Instructions: You must include 

‘‘OCC’’ as the agency name and ‘‘1557– 

0346’’ in your comment. In general, the 

OCC will publish comments on 

www.reginfo.gov without change, 

including any business or personal 

information provided, such as name and 

address information, email addresses, or 

phone numbers. Comments received, 

including attachments and other 

supporting materials, are part of the 

public record and subject to public 

disclosure. Do not include any 

information in your comment or 

supporting materials that you consider 

confidential or inappropriate for public 

disclosure. 

Following the close of this notice’s 

60-day comment period, the OCC will 

publish a second notice with a 30-day 

comment period. You may review 

comments and other related materials 

that pertain to this information 

collection beginning on the date of 

publication of the second notice for this 

collection by the method set forth in the 

next bullet. 

• Viewing Comments Electronically: 

Go to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ drop 

down menu and click on ‘‘Information 

Collection Review.’’ From the 

‘‘Currently under Review’’ drop-down 

menu, select ‘‘Department of Treasury’’ 

and then click ‘‘submit.’’ This 

information collection can be located by 

searching by OMB control number 

‘‘1557–0346’’ or ‘‘Regulation E— 

Electronic Fund Transfer Act; Prepaid 

Card Provisions.’’ Upon finding the 

appropriate information collection, click 

on the related ‘‘ICR Reference Number.’’ 

On the next screen, select ‘‘View 

Supporting Statement and Other 

Documents’’ and then click on the link 

to any comment listed at the bottom of 

the screen. 

• For assistance in navigating 

www.reginfo.gov, please contact the 

Regulatory Information Service Center 

at (202) 482–7340. 

FOR FURTHER INFORMATION CONTACT: 

Shaquita Merritt, OCC Clearance 

Officer, (202) 649–5490, Chief Counsel’s 

Office, Office of the Comptroller of the 

Currency, 400 7th Street SW, 

Washington, DC 20219. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501 et seq.), Federal 

agencies must obtain approval from the 

OMB for each collection of information 

that they conduct or sponsor. 

‘‘Collection of information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c) to include agency requests or 

requirements that members of the public 

submit reports, keep records, or disclose 

information to a third party. Section 

3506(c)(2)(A) of title 44 requires Federal 

agencies to provide a 60-day notice in 

the Federal Register concerning each 

proposed collection of information, 

including each proposed revision of an 

existing collection of information, 

before submitting the collection to OMB 

for approval. To comply with this 

requirement, the OCC is publishing this 

notice. 

Title: Regulation E—Electronic Fund 

Transfer Act; Prepaid Account 

Provisions. 

OMB Control Nos.: 1557–0346. 

Type of Review: Regular review. 

Description: The Electronic Fund 

Transfer Act (EFTA) 1 and Regulation E 2

require disclosure of basic terms, costs, 

and rights relating to electronic fund 

transfer services debiting or crediting a 

consumer’s account. 

The prepaid accounts final rules 

issued by the Consumer Financial 

Protection Bureau (CFPB) 3 require 

financial institutions to make available 

to consumers disclosures before a 

consumer acquires a prepaid account. 

This notice outlines the requirements of 

the 2016 rule as amended by the 2017 

and 2018 rules. The remainder of 

Regulation E is approved under OMB 

Control No. 1557–0176. 

Under 12 CFR 1005.18(b), a financial 

institution is required to make available 

a short form and a long form disclosure 

before the consumer acquires a prepaid 

account, subject to certain exceptions. 

Section 1005.18(f)(3) generally requires 

that certain disclosures, including the 

name of the financial institution and the 

URL of its website, and a telephone 

number the consumer may use to 

contact the financial institution about 

the prepaid account, be made on the 

actual prepaid account access device. 

Financial institutions offering prepaid 

accounts that qualify for the retail 

location exception in § 1005.18(b)(1)(ii) 

may meet the requirement of providing 

the long form disclosure after 

acquisition by allowing the long form 

disclosure to be delivered electronically, 

without receiving consumer consent 

under the E-Sign Act,4 if the disclosure 

is not provided inside the prepaid 

account packaging material and the 

financial institution is not otherwise 

mailing or delivering to the consumer 

written account-related communications 

within 30 days of obtaining the 

consumer’s contact information. If a 

financial institution provides preacquisition disclosures in writing and a 

consumer subsequently completes the 

acquisition process online or by 

telephone, the financial institution is 

not required to provide the disclosures 

again either electronically or orally. 

Section 1005.18(b)(9)(i) includes a 

requirement that a financial institution 

provide pre-acquisition disclosures in a 

foreign language if the financial 

institution provides a means for the 

consumer to acquire a prepaid account 

by telephone or electronically 

principally in that foreign language. 

That requirement is not applicable to 

payroll card accounts and government 

benefit accounts where the foreign 

language is offered by telephone only 

via a real-time language interpretation 

service provided by a third party or 

directly by an employer or government 

agency on an informal or ad hoc basis 

as an accommodation to prospective 

payroll card account or government 

benefit account recipients. 

Under § 1005.18(c)(1), a financial 

institution need not furnish periodic 

statements to the consumer if the 

provider uses the alternative method of 

compliance. Under this alternative 

method, the periodic statements must 

include: (1) the consumer’s account 

balance, through a readily available 

phone number; (2) the means by which 


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Federal Register / Vol. 87, No. 124 / Wednesday, June 29, 2022 / Notices 38829 

5 12 CFR 1005.18(e)(3)(ii)(C). 

the consumer can obtain an electronic 

account history, such as the address of 

a website; and (3) a written history of 

the consumer’s account transactions 

that is provided promptly in response to 

an oral or written request and that 

covers at least 24 months preceding the 

date the financial institution receives 

the consumer’s request. Section 

1005.18(c)(5) requires that financial 

institutions disclose to consumers a 

summary total of the amount of all fees 

assessed against the consumer’s prepaid 

account for both the prior month as well 

as the calendar year to date. This 

information must be disclosed on any 

periodic statement and any history of 

account transactions provided or made 

available by the financial institution. 

For prepaid accounts that are not 

payroll card accounts or government 

benefit accounts, a financial institution 

is not required to comply with the 

liability limits and error resolution 

requirements of Regulation E for any 

prepaid account for which it has not 

successfully completed its consumer 

identification and verification process, 

provided certain disclosures are given. 

With regard to accounts where the 

consumer’s identity is later verified, 

financial institutions must limit the 

consumer’s liability for unauthorized 

transfers and resolve errors that occur 

following verification in accordance 

with relevant Reg. E provisions. For 

accounts in programs where there is no 

verification process, financial 

institutions must either explain in their 

initial disclosures their error resolution 

process and limitations on consumers’ 

liability for unauthorized transfers, or 

explain that there are no such 

protections, and that such financial 

institutions comply with the process (if 

any) that they disclose.5

Pursuant to § 1005.18(h)(1), except as 

provided in § 1005.18(h)(2) and (3), the 

effective date for the prepaid accounts 

rules is April 1, 2019. If, as a result of 

§ 1005.18(h)(1), a financial institution 

changes the terms and conditions of a 

prepaid account, such that a change-interms notice would have been required 

under § 1005.8(a) or § 1005.18(f)(2) for 

existing customers, the financial 

institution must notify consumers with 

accounts acquired before April 1, 2019 

at least 21 days in advance of the change 

becoming effective, provided the 

financial institution has the consumer’s 

contact information. If the financial 

institution obtains the consumer’s 

contact information fewer than 30 days 

in advance of the change becoming 

effective or after it has become effective, 

the financial institution is permitted 

instead to provide notice of the change 

within 30 days of obtaining the 

consumer’s contact information. 

If a financial institution has not 

obtained a consumer’s consent to 

provide disclosures in electronic form 

pursuant to the E-Sign Act, or is not 

otherwise already mailing or delivering 

to the consumer written account-related 

communications, the financial 

institution may provide to the consumer 

a notice of a change in terms and 

conditions or required or voluntary 

updated initial disclosures under Reg. E 

taking effect in electronic form without 

regard to the consumer notice and 

consent requirements of the E-Sign Act. 

Section 1005.18(h)(2)(ii) requires that 

financial institutions notify any 

consumer who acquires a prepaid 

account after the effective date specified 

in packaging produced prior to the 

effective date of any changes as a result 

of § 1005.18(h)(1) taking effect that 

would have caused a change-in-terms 

notice to be required under § 1005.8(a) 

or § 1005.18(f)(2) for existing customers 

within 30 days of acquiring the 

customer’s contact information. In 

addition, financial institutions must 

mail or deliver updated initial 

disclosures pursuant to §§ 1005.7 and 

1005.18(f)(1) within 30 days of 

obtaining the consumer’s contact 

information. Those financial institutions 

that are affected should not incur 

significant costs associated with 

notifying consumers and providing 

updated initial disclosures. Consumers 

who have consented to electronic 

communication may receive the notices 

and updated disclosures electronically, 

at a minimal cost to financial 

institutions. A financial institution that 

has not obtained the consumer’s contact 

information is not required to comply 

with the requirements set forth in 

§ 1005.18(h)(2)(ii) or (iii). 

Section 1005.19(b) requires certain 

issuers to submit to the CFPB, on a 

rolling basis, prepaid account 

agreements (including fee schedules) 

that are offered, amended, or 

withdrawn. Prepaid account issuers are 

permitted to delay submitting a change 

in the list of names of other relevant 

parties to a particular prepaid account 

agreement until the earlier of such time 

as the issuer is otherwise submitting an 

amended agreement or changes to other 

identifying information about the issuer 

and its submitted agreements to the 

CFPB or May 1 of each year (for updates 

between the last submission and April 

1 of that year). Changes in agreement 

provisions or fee information may be 

integrated into the text of the agreement 

or provided through fee addenda. 

Affected Public: Businesses or other 

for-profit. 

Burden Estimates: 

Estimated Number of Respondents: 

1,106. 

Estimated Annual Burden: 6,605 

hours. 

Frequency of Response: On occasion. 

Comments: Comments submitted in 

response to this notice will be 

summarized and included in the request 

for OMB approval. All comments will 

become a matter of public record. 

Comments are invited on: 

(a) Whether the collections of 

information are necessary for the proper 

performance of the functions of the 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’s 

estimates of the information collection 

burden; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the collection on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Theodore J. Dowd, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2022–13942 Filed 6–28–22; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Regulation Project 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Internal Revenue Service 

(IRS), as part of its continuing effort to 

reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to take this 

opportunity to comment on information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning 

Testimony or Production of Records in 

a Court or Other Proceeding. 

DATES: Written comments should be 

received on or before August 29, 2022 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Andres Garcia, Internal Revenue 


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