The Office of the Under Secretary of Defense for Personnel and Readiness is proposing a new public information collection and is asking for public feedback on the plan. This initiative, in line with the Paperwork Reduction Act of 1995, aims to gather comments on the necessity, accuracy, and utility of the information collected, as well as ways to reduce the collection burden on the public. The information relates to regulations around consumer credit for military personnel and their families. Public comments will be accepted until February 18, 2025, via mail or the Federal eRulemaking Portal.
Simple Explanation
The government wants to ask people for their thoughts about rules on borrowing money for military families to make sure everything is fair and easy to understand, and they want to do it in a way that doesn't bother people too much.