Notice2022-16030
Agency Information Collection Activities: Submission for OMB Review; 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
July 27, 2022
Issuing agencies
Tennessee Valley Authority
Abstract
Tennessee Valley Authority (TVA) provides notice of submission of this information clearance request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). The general public and other federal agencies are invited to comment. TVA previously published a 60- day notice of the proposed information collection for public review (May 18, 2022) and no comments were received.
Full Text
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<title>Federal Register, Volume 87 Issue 143 (Wednesday, July 27, 2022)</title>
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[Federal Register Volume 87, Number 143 (Wednesday, July 27, 2022)]
[Notices]
[Pages 45145-45146]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-16030]
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TENNESSEE VALLEY AUTHORITY
Agency Information Collection Activities: Submission for OMB
Review; Comment Request
AGENCY: Tennessee Valley Authority (TVA).
ACTION: 30-Day notice of submission of information collection approval
request to OMB.
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SUMMARY: Tennessee Valley Authority (TVA) provides notice of submission
of this information clearance request (ICR) to the Office of Management
and Budget (OMB) for review and approval in accordance with the
Paperwork Reduction Act of 1995 (PRA). The general public and other
federal agencies are invited to comment. TVA previously published a 60-
day notice of the proposed information collection for public review
(May 18, 2022) and no comments were received.
DATES: The OMB will consider all written comments received on or before
August 26, 2022.
ADDRESSES: Written comments for the proposed information collection
should be sent within 30 days of publication of this notice to
www.reginfo.gov/public/
[[Page 45146]]
do/PRAMain. Find this particular information collection by selecting
``Currently under 30-day Review--Open for Public Comments'' or by using
the search function.
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. 2022-16030 Filed 7-26-22; 8:45 am]
BILLING CODE 8120-08-P
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</html>Indexed from Federal Register on July 27, 2022.
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