15 Apr 2025

🏦OCC Requests Comments on CRA Qualifying Activities Confirmation Process

Agency Information Collection Activities: Information Collection Renewal; Comment Request; Community Reinvestment Act Qualifying Activities Confirmation Request Form

Summary

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is 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, "Community Reinvestment Act Qualifying Activities Confirmation Request Form."

Agencies

  • Treasury Department
  • Comptroller of the Currency

Business Impact ?

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The content involves a request for comments on an information collection process relevant to the Community Reinvestment Act, which affects how businesses can confirm qualifying activities. It indicates a regulatory requirement for businesses to participate in compliance and assessment processes.

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