Notice2021-14736
Agency Information Collection Activities; Comment Request; Endowment Excise Tax: Allocation Reduction Waiver
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 12, 2021
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act of 1995, ED is requesting the Office of Management and Budget (OMB) to conduct an emergency review of a new information collection.
Full Text
<html>
<head>
<title>Federal Register, Volume 86 Issue 130 (Monday, July 12, 2021)</title>
</head>
<body><pre>
[Federal Register Volume 86, Number 130 (Monday, July 12, 2021)]
[Notices]
[Pages 36531-36532]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-14736]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF EDUCATION
[Docket No.: ED-2021-SCC-0100]
Agency Information Collection Activities; Comment Request;
Endowment Excise Tax: Allocation Reduction Waiver
AGENCY: Office of Postsecondary Education (OPE), Department of
Education (ED).
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is
requesting the Office of Management and Budget (OMB) to conduct an
emergency review of a new information collection.
DATES: The Department is requesting emergency processing and OMB
approval for this information collection by July 26, 2021; and
therefore, the Department is requesting public comments by July 23,
2021. A regular clearance process is also hereby being initiated to
provide the public with the opportunity to comment under the full
comment period. Interested persons are invited to submit comments on or
before September 10, 2021.
ADDRESSES: To access and review all the documents related to the
information collection listed in this notice, please use <a href="http://www.regulations.gov">http://www.regulations.gov</a> by searching the Docket ID number ED-2021-SCC-0100.
Comments submitted in response to this notice should be submitted
electronically through the Federal eRulemaking Portal at <a href="http://www.regulations.gov">http://www.regulations.gov</a> by selecting the Docket ID number or via postal
mail, commercial delivery, or hand delivery. If the <a href="http://regulations.gov">regulations.gov</a>
site is not available to the public for any reason, ED will temporarily
accept comments at <a href="/cdn-cgi/l/email-protection#eaa3a9ae8589818f9ea78d98aa8f8ec48d859c"><span class="__cf_email__" data-cfemail="19505a5d767a727c6d547e6b597c7d377e766f">[email protected]</span></a>. Please include the docket ID
number and the title of the information collection request when
requesting documents or submitting comments. Please note that comments
submitted by fax or email and those submitted after the comment period
will not be accepted. Written requests for information or comments
submitted by postal mail or delivery should be addressed to the PRA
Coordinator of the Strategic Collections and Clearance Governance and
Strategy Division, U.S. Department of Education, 400 Maryland Ave. SW,
LBJ, Room 6W208C, Washington, DC 20202-8240.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Karen Epps, 202-453-6337.
SUPPLEMENTARY INFORMATION: The Department of Education (ED), in
accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C.
3506(c)(2)(A)), provides the general public and Federal agencies with
an opportunity to comment on proposed, revised, and continuing
collections of information. This helps the Department assess the impact
of its information collection requirements and minimize the public's
reporting burden. It also helps the public understand the Department's
information collection requirements and provide the requested data in
the desired format. ED is soliciting comments on the proposed
information collection request (ICR) that is described below. The
Department of Education is especially interested in public comment
addressing the
[[Page 36532]]
following issues: (1) Is this collection necessary to the proper
functions of the Department; (2) will this information be processed and
used in a timely manner; (3) is the estimate of burden accurate; (4)
how might the Department enhance the quality, utility, and clarity of
the information to be collected; and (5) how might the Department
minimize the burden of this collection on the respondents, including
through the use of information technology. Please note that written
comments received in response to this notice will be considered public
records.
Title of Collection: Endowment Excise Tax: Allocation Reduction
Waiver.
OMB Control Number: 1840-NEW.
Type of Review: A new information collection.
Respondents/Affected Public: Private Sector.
Total Estimated Number of Annual Responses: 200.
Total Estimated Number of Annual Burden Hours: 200.
Abstract: In accordance with the Coronavirus Response and Relief
Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260,
section 314(d)(6)(B), the Secretary may waive the requirements to
reduce a grantee's CRRSAA allocation by 50 percent, if upon
application, an institution of higher education demonstrates need
(including need for additional funding for financial aid grants to
students, payroll expenses, or other expenditures) for the total amount
of funds such institution is allocated under section 314(a)(1) of
CRRSAA. The proposed form provides institutions with the opportunity to
request this waiver and collects data needed to evaluate their waiver
request.
Additional Information: If this emergency collection is not
approved, the Department will be unable to receive and review waiver
requests in a timely manner, delaying the release of funds to
institutions of higher education and students that are still recovering
from the effects of the pandemic.
Dated: July 7, 2021.
Juliana Pearson,
PRA Coordinator, Strategic Collections and Clearance, Governance and
Strategy Division, Office of Chief Data Office, Office of Planning,
Evaluation and Policy Development.
[FR Doc. 2021-14736 Filed 7-9-21; 8:45 am]
BILLING CODE 4000-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on July 12, 2021.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.