Notice2022-10611
Agency Information Collection Activities: Proposed Collection; Comment Request
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
May 18, 2022
Issuing agencies
Tennessee Valley Authority
Abstract
The proposed information collection described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act of 1995. The Tennessee Valley Authority is soliciting public comments on this proposed collection.
Full Text
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<title>Federal Register, Volume 87 Issue 96 (Wednesday, May 18, 2022)</title>
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[Federal Register Volume 87, Number 96 (Wednesday, May 18, 2022)]
[Notices]
[Page 30324]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-10611]
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TENNESSEE VALLEY AUTHORITY
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Tennessee Valley Authority.
ACTION: 60-Day notice of submission of information collection approval
and request for comments.
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SUMMARY: The proposed information collection described below will be
submitted to the Office of Management and Budget (OMB) for review, as
required by the Paperwork Reduction Act of 1995. The Tennessee Valley
Authority is soliciting public comments on this proposed collection.
DATES: Comments should be sent to the Public Information Collection
Clearance Officer no later than July 18, 2022.
ADDRESSES: Requests for information, including copies of the
information collection proposed and supporting documentation, should be
directed to the Public Information Collection Clearance Officer:
Jennifer A. Wilds, Specialist, Records Compliance, Tennessee Valley
Authority, 400 W Summit Hill Dr., CLK-320, Knoxville, Tennessee 37902-
1401; telephone (865) 632-6580 or by email at <a href="/cdn-cgi/l/email-protection#1d6d6f7c5d696b7c337a726b"><span class="__cf_email__" data-cfemail="55252734152123347b323a23">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Type of Request: New collection.
Title of Information Collection: LPC FIRST Financial Reporting.
Frequency of Use: Monthly and Annually.
Type of Affected Public: Business or Local Government.
Small Businesses or Organizations Affected: Yes.
Federal Budget Functional Category Code: 455.
Estimated Number of Annual Responses: 153.
Estimated Total Annual Burden Hours: 2693.
Estimated Average Burden Hours per Response: 14 hours (Annual
Report); 0.3 hours (Monthly Report).
Need for and Use of Information: TVA, serving in its regulatory
capacity, uses this financial and statistical information to monitor
each distributor's current financial position and to forecast
requirements for reasonable levels of resources for renewals,
replacements, and contingencies. The data from this information
collection is used by TVA organizations (Regulatory Assurance,
Commercial Energy Solutions, Treasury and Risk, Regional Relations and
Transmission and Power Supply) and the TVA Board of Directors to assist
in making management decisions concerning electric power rates,
financing the TVA power generating and transmission system, and other
long-term plans. If this information collection is not conducted, TVA
would be severely hampered in fulfilling its responsibilities to
Congress under Section 11 of the TVA Act of 1933 to ``permit domestic
and rural use [of electricity] at the lowest possible rates.'' TVA has
deployed the new Financial Information & Regulatory System Tool (FIRST)
to streamline data collection and reduce the burden on the public.
Rebecca L. Coffey,
Agency Records Officer.
[FR Doc. 2022-10611 Filed 5-17-22; 8:45 am]
BILLING CODE 8120-08-P
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