Notice2021-20858
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Endowment Excise Tax: Allocation Reduction Waiver
Primary source
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Published
September 27, 2021
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act of 1995, ED is proposing an extension without change of a currently approved collection.
Full Text
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<title>Federal Register, Volume 86 Issue 184 (Monday, September 27, 2021)</title>
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[Federal Register Volume 86, Number 184 (Monday, September 27, 2021)]
[Notices]
[Pages 53295-53296]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-20858]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2021-SCC-0142]
Agency Information Collection Activities; Submission to the
Office of Management and Budget for Review and Approval; Comment
Request; Endowment Excise Tax: Allocation Reduction Waiver
AGENCY: Office of Postsecondary Education (OPE), Department of
Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is
proposing an extension without change of a currently approved
collection.
DATES: Interested persons are invited to submit comments on or before
October 27, 2021.
ADDRESSES: Written comments and recommendations for proposed
information collection requests 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 information collection request by selecting ``Department of
Education'' under ``Currently Under Review,'' then check ``Only Show
ICR for Public Comment'' checkbox. Comments may also be sent to
<a href="/cdn-cgi/l/email-protection#99d0daddf6faf2fcedf4feebd9fcfdb7fef6ef"><span class="__cf_email__" data-cfemail="c68f8582a9a5ada3b2aba1b486a3a2e8a1a9b0">[email protected]</span></a>.
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
[[Page 53296]]
Education is especially interested in public comment addressing the
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: 1840-0858.
Type of Review: An extension without change of a currently approved
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.
Dated: September 22, 2021.
Kate Mullan,
PRA Coordinator, Strategic Collections and Clearance Governance and
Strategy Division, Office of Chief Data Officer, Office of Planning,
Evaluation and Policy Development.
[FR Doc. 2021-20858 Filed 9-24-21; 8:45 am]
BILLING CODE 4000-01-P
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