Request for Comments of a Previously Approved Information Collection: Application for Construction Reserve Fund and Annual Statements (CRF)
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Abstract
In compliance with the Paperwork Reduction Act of 1995, this notice announces that the Information Collection Request (ICR) abstracted below is being forwarded to the Office of Management and Budget (OMB) for review and comments. A Federal Register Notice with a 60-day comment period soliciting comments on the following information collection was published on April 7, 2021.
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<title>Federal Register, Volume 86 Issue 126 (Tuesday, July 6, 2021)</title>
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[Federal Register Volume 86, Number 126 (Tuesday, July 6, 2021)]
[Notices]
[Pages 35562-35563]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-14323]
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DEPARTMENT OF TRANSPORTATION
Maritime Administration
[Docket No. MARAD-2021-0123]
Request for Comments of a Previously Approved Information
Collection: Application for Construction Reserve Fund and Annual
Statements (CRF)
AGENCY: Maritime Administration, DOT.
ACTION: Notice and request for comments.
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SUMMARY: In compliance with the Paperwork Reduction Act of 1995, this
notice announces that the Information Collection Request (ICR)
abstracted below is being forwarded to the Office of Management and
Budget (OMB) for review and comments. A Federal Register Notice with a
60-day comment period soliciting comments on the following information
collection was published on April 7, 2021.
DATES: Comments must be submitted on or before August 5, 2021.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Daniel Ladd, 202-366-1859, Office of
Financial Approvals, Maritime Administration, U.S. Department of
Transportation, 1200 New Jersey Avenue SE, Washington, DC, 20590.
SUPPLEMENTARY INFORMATION:
Title: Application for Construction Reserve Fund (CRF) and Annual
Statements.
OMB Control Number: 2133-0032.
Type of Request: Renewal of a previously approved collection.
Background: The Construction Reserve Fund (CRF), authorized by 46
U.S.C. chapter 533, is a financial assistance program which provides
tax deferral benefits to U.S.-flag operators. Eligible parties can
defer the gain attributable to the sale or loss of a vessel, provided
the proceeds are used to expand or modernize the U.S. merchant fleet.
The primary purpose of the CRF is to promote the construction,
reconstruction, reconditioning, or acquisition of merchant vessels
which are necessary for national defense and to the development of U.S.
commerce.
Respondents: Citizens who own or operate vessels in the U.S.
foreign or domestic commerce who desire tax benefits under the CRF
program must respond.
Affected Public: Owners or operators of vessels in the domestic or
foreign commerce.
Estimated Number of Respondents: 17.
Total Estimated Number of Responses: 17.
Frequency of Response: Annually.
Estimated time per Respondent: 9 Hours.
Total Estimated Number of Annual Burden Hours: 153.
[[Page 35563]]
Public Comments Invited: Comments are invited on: 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; the accuracy of the
Department's estimate of the burden of the proposed information
collection; ways to enhance the quality, utility and clarity of the
information to be collected; and 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.
(Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. Chapter
35, as amended; and 49 CFR 1.93)
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By Order of the Acting Maritime Administrator.
T. Mitchell Hudson, Jr.
Secretary, Maritime Administration.
[FR Doc. 2021-14323 Filed 7-2-21; 8:45 am]
BILLING CODE 4910-81-P
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