Federal Register / Vol. 75, No. 181 / Monday, September 20, 2010 / Notices 57253 

3Section 1061(a)(1). 

4See, e.g., Section 1025(b); subtitles C and H. 

5Section 1064(b)(1). 

6See, e.g., section 1037. 

7Section 1024(b) (requiring the CFPB to 

implement a risk-based supervision program for 

covered persons described in section 1024(a)(1)). 

8Section 1062(c) (providing that the designated 

transfer date must be a date between 180 days and 

12 months after the date of enactment of the CFP 

Act, subject to an extension of up to 18 months after 

the date of enactment). 

9See section 1067(a)(1). 

behalf of the Secretary and for the CFPB, 

also consulted with the transferor 

agencies and OMB to obtain additional 

input on issues relating to the transfer 

date. 

Functions of the CFPB 

On the designated transfer date, the 

‘‘consumer financial protection 

functions’’ 3 currently carried out by the 

Federal banking agencies, as well as 

certain authorities currently carried out 

by the Department of Housing and 

Urban Development and the Federal 

Trade Commission, will be transferred 

to the CFPB. In particular, as of the 

designated transfer date, the CFPB will 

assume responsibility for consumer 

compliance supervision of very large 

depository institutions and their 

affiliates and promulgating regulations 

under various Federal consumer 

financial laws.4 The transfer of certain 

employees from six of those agencies to 

the CFPB must also occur within 90 

days after the designated transfer date.5

New authorities of the CFPB under 

subtitle C of the Act, as well as other 

consumer protection provisions, will 

become effective on the designated 

transfer date as well.6

In the intervening period, the CFPB 

will lay the groundwork for an efficient 

transfer and prepare for consumer 

protection activities after July 21, 2011. 

For instance, prior to the designated 

transfer date, the CFPB will begin to 

conduct research relating to consumer 

financial products and services, develop 

its nationwide consumer complaint 

response center, plan and take steps to 

implement the risk-based supervision of 

nondepository covered persons, and 

prepare for the opening of outreach 

offices. 

Development of the supervision 

program for certain nondepository 

covered persons is particularly 

significant because no Federal agency 

previously has had the responsibility of 

supervising these entities, such as 

payday lenders, mortgage companies, 

debt collectors, and consumer reporting 

agencies.7 Prior to the designated 

transfer date, the CFPB will begin the 

significant task of building this 

supervision program, including hiring 

and training examination staff and 

making preparations necessary to begin 

a risk-based supervision program. 

The CFPB will also work during the 

intervening period to prepare for the 

new authorities that will transfer or take 

effect as of the designated transfer date, 

for instance by planning the orderly 

integration of bank, thrift, and credit 

union examiners from five different 

Federal agencies and preparing for 

rulemakings required under the DoddFrank Wall Street Reform and Consumer 

Protection Act. For example, the CFPB 

is holding a roundtable to begin 

gathering public input regarding the 

merger of overlapping mortgage forms 

required by the Truth in Lending Act 

and Real Estate Settlement Procedures 

Act. 

Congress contemplated that the lead 

time for the ‘‘orderly implementation’’ of 

the CFPB’s functions could range 

between 6 to 18 months after the date 

of enactment.8 To fulfill the statutory 

goal of an ‘‘orderly and organized 

startup’’ of the new agency,9 the CFPB 

should be provided a reasonable period 

of time to develop its operations and 

organization prior to the transfer of 

functions and employees from other 

agencies. A transfer date of July 21, 

2011, 12 months after the date of 

enactment, will provide the CFPB an 

appropriate period of time to hire and 

assign employees to support its new 

functions, as well as to plan and make 

important decisions necessary to build a 

strong foundation for the new agency. 

Designation 

For all of the reasons set forth in this 

notice and in light of the comments 

provided by the transferor agencies and 

the Director of OMB, the designated 

transfer date under section 1062(a) of 

the CFP Act shall be July 21, 2011. 

Timothy F. Geithner, 

Secretary of the Treasury. 

[FR Doc. 2010–23487 Filed 9–17–10; 4:15 pm] 

BILLING CODE 4810–25–P 

DEPARTMENT OF COMMERCE 

Submission for OMB Review; 

Comment Request 

The Department of Commerce will 

submit to the Office of Management and 

Budget (OMB) for clearance the 

following proposal for collection of 

information under the provisions of the 

Paperwork Reduction Act (44 U.S.C. 

chapter 35). 

Agency: U.S. Census Bureau. 

Title: 2011 Field Test of the ReEngineered Survey of Income and 

Program Participation. 

OMB Control Number: 0607–0957. 

Form Number(s): SIPP 

105(L)DR(2011) Director’s Letter; SIPP 

105(L)(SP)DR(2011) Director’s Letter 

Spanish; SIPP 2011DR106(L); SIPP 

2011DR107(L); SIPP/CAPI Automated 

Instrument. 

Type of Request: Reinstatement of an 

expired collection. 

Burden Hours: 5,681. 

Number of Respondents: 5,500. 

Average Hours per Response: 1 hour. 

Needs and Uses: The U.S. Census 

Bureau requests authorization from the 

Office of Management and Budget 

(OMB) to conduct the 2011 Field Test 

for the Re-engineered Survey of Income 

and Program Participation (SIPP). 

The Census Bureau’s SIPP CAPI 

interview will use an event history 

calendar (EHC) interviewing method 

and a 12-month, calendar-year reference 

period in place of the current SIPP 

questionnaire approach with a sliding 4- 

month reference period. The Census 

Bureau is re-engineering the SIPP to 

accomplish several goals including 

improving the collection instrument and 

processing system, development of the 

EHC, use of the administrative records 

data, and increased stakeholder 

interaction. 

The SIPP represents a source of 

information for a wide variety of 

separate topics to be integrated to form 

a single and unified database in order to 

examine the interaction between tax, 

transfer, and other government and 

private policies. Government domestic 

policy formulators depend heavily upon 

the SIPP information to determine the 

effect of tax and transfer programs on 

the distribution of income received 

directly as money or indirectly as inkind benefits. They also need improved 

and expanded data on the income and 

general economic and financial 

situation of the U.S. population. The 

SIPP has provided these kinds of data 

on a continuing basis since 1983, by 

measuring levels of economic wellbeing and changes in these levels over 

time. 

The main objective of the SIPP has 

been to provide accurate and 

comprehensive information about the 

income and program participation of 

individuals and households in the 

United States. The survey’s mission is to 

provide a nationally representative 

sample for evaluating: (1) Annual and 

sub-annual income dynamics, (2) 

movements into and out of government 

transfer programs, (3) family and social 

context of individuals and households, 

and (4) interactions among these items. 


jdjones on DSK8KYBLC1PROD with NOTICES
57254 Federal Register / Vol. 75, No. 181 / Monday, September 20, 2010 / Notices 

The re-engineering of SIPP pursues 

these objectives in the context of several 

goals—cost reduction and improved 

accuracy, relevance, timeliness, reduced 

burden on respondents, and 

accessibility. The Re-engineered SIPP 

will collect detailed information on cash 

and non-cash income (including 

participation in government transfer 

programs) one time per year. A major 

use of the SIPP has been to evaluate the 

use of and eligibility for government 

programs and to analyze the impacts of 

options for modifying them. 

A key component of the reengineering process involves the 

proposed shift from the every-fourmonth data collection schedule of 

traditional SIPP to an annual data 

collection schedule for the reengineered survey. To accomplish this 

shift with minimal impact on data 

quality, the Census Bureau proposes 

employing the use of an event history 

calendar (EHC) to gather SIPP data. The 

Re-engineered SIPP will interview 

respondents in one year intervals, 

collecting data for the previous calendar 

year as the reference period. The 

content of the Re-engineered SIPP will 

combine the content of the 2008 Panel 

SIPP core as well as selected topical 

module questions. The Re-engineered 

SIPP will not contain free-standing 

topical modules. The EHC will allow 

recording dates of events and spells of 

coverage and should provide monthly 

transitions of program receipt and 

coverage, labor force transitions, health 

insurance transitions, and others. 

As the SIPP transitions from three 

interviews per year to one interview per 

year, new methods need to be tested for 

how to stay in contact with respondents 

so they can be located for the following 

year’s interview. Once interviews have 

been completed for the 2011 SIPP field 

test, a recontact experiment will take 

place. The objectives of this experiment 

are: (1) To test how a combination of 

change of address cards mailed with or 

without a small monetary incentive, a 

newsletter reporting findings from the 

2008 SIPP Panel, or no contact between 

interview periods, effect attrition and 

the ability to locate respondents in the 

second wave of interviewing (Type A 

and Type D wave 2 non-response), and 

(2) to develop address update 

procedures which will facilitate locating 

original sample members who may have 

moved, and which can be implemented 

prior to and during the next interview 

field period. 

As part of the recontact experiment 

we will be mailing out a letter of 

explanation with the change of address 

cards. The SIPP–2011DR106(L) will be 

mailed to a subset of cases with the offer 

of monetary incentive. The SIPP– 

2011DR107(L) will be mailed to a subset 

of cases that will not offer a monetary 

incentive. 

Implementing the EHC methodology 

in 2011 is intended to help respondents 

recall information in a more natural 

‘‘autobiographical’’ manner by using life 

events as triggers to recall other 

economic events. For example, a 

residence change can in many cases 

occur contemporaneously with a change 

in employment. The entire process of 

compiling the calendar focuses, by its 

nature, on consistency and sequential 

order of events, and attempts to correct 

for otherwise missing data. For example, 

if the respondents are unemployed, they 

may then look for a job, and then 

become employed. 

The 2011 Field Test instrument will 

be evaluated in several domains 

including field implementation issues 

and data comparability vis-a`-vis the 

SIPP 2008 Panel and administrative 

records. Distributional characteristics 

such as the percent of persons receiving 

TANF, Food Stamps, Medicare, who are 

working, who are enrolled in school, or 

who have health insurance coverage 

reported in the EHC will be compared 

to the same distributions from the 2008 

SIPP Panel. The primary focus will be 

to demonstrate to data users that the 

new instrument yields data for lowincome programs that are of sufficient 

quality. The field test sample is focused 

in low income areas in order to increase 

the ‘‘hit rate’’ of households likely to 

participate in government programs. In 

general, there are two ways we will 

evaluate data quality: 

(1) We will compare monthly 

estimates from the field test to estimates 

from parallel sample areas in the 2008 

SIPP panel for characteristics such as 

participation in Food Stamps, TANF, 

SSI, WIC, and Medicaid. To the extent 

those estimates are reasonably aligned 

with each other, we can assume that 

data quality is reasonably comparable. 

Misalignment of the estimates, and 

especially misalignment in the direction 

of the EHC estimates being consistently 

lower than the SIPP estimates, would be 

worrisome, because it would be 

suggestive of (not definitive evidence of) 

reduced data quality in the EHC. 

(2) For a small subset of 

characteristics, and for a subset of 

sample areas, we will have access to 

administrative record data. These data 

will permit a more objective data quality 

assessment. 

Results from both the 2011 Field Test 

and the 2008 SIPP Panel will be used to 

inform final decisions regarding the 

design, content, and implementation of 

the Re-engineered SIPP for production 

beginning in 2013. 

Affected Public: Individuals or 

households. 

Frequency: One time. 

Respondent’s Obligation: Voluntary. 

Legal Authority: Title 13, United 

States Code, Section 182. 

OMB Desk Officer: Brian HarrisKojetin, (202) 395–7314. 

Copies of the above information 

collection proposal can be obtained by 

calling or writing Diana Hynek, 

Departmental Paperwork Clearance 

Officer, (202) 482–0266, Department of 

Commerce, Room 6616, 14th and 

Constitution Avenue, NW., Washington, 

DC 20230 (or via the Internet at 

dhynek@doc.gov). 

Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to Brian Harris-Kojetin, OMB 

Desk Officer either by fax (202–395– 

7245) or e-mail (bharrisk@omb.eop.gov). 

Dated: September 14, 2010. 

Glenna Mickelson, 

Management Analyst, Office of the Chief 

Information Officer. 

[FR Doc. 2010–23338 Filed 9–17–10; 8:45 am] 

BILLING CODE 3510–07–P 

DEPARTMENT OF COMMERCE 

Bureau of the Census 

[Docket Number 100726309–0311–02] 

American Community Survey 5-Year 

Data Product Plans 

AGENCY: Bureau of the Census, 

Department of Commerce. 

ACTION: Final Notice. 

SUMMARY: The Bureau of the Census 

(Census Bureau) currently releases 

American Community Survey (ACS) 

data products in the form of 1-year 

estimates and 3-year estimates. Most 

recently, the 2008 ACS 1-year estimates 

were released in September 2009, and 

the 2006–2008 ACS 3-year estimates 

were released in October 2009. By this 

notice, the Census Bureau announces 

plans for the release of ACS 5-year data 

products covering the period of 2005– 

2009. The release of the ACS 5-year 

estimates will achieve a goal of the ACS 

to provide small-area data similar to the 

data published after Census 2000, based 

on the long-form sample. This notice 

provides general information on the 

Census Bureau’s modifications to its 

current line of ACS data products to 

accommodate the 5-year estimates. 

DATES: The Census Bureau plans to 

release 2005–2009 ACS data in 


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