Notice2023-03956

Agency Information Collection Activities; Submission for OMB Review; Comment Request; Departmental Offices

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
February 27, 2023

Issuing agencies

Treasury Department

Abstract

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on proposed or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Department of the Treasury's Office of Foreign Assets Control is soliciting comments concerning OFAC's Iranian Financial Sanctions Regulations Report on Closure by U.S. Financial Institutions of Correspondent Accounts and Payable-Through Accounts.

Full Text

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<title>Federal Register, Volume 88 Issue 38 (Monday, February 27, 2023)</title>
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[Federal Register Volume 88, Number 38 (Monday, February 27, 2023)]
[Notices]
[Pages 12441-12442]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-03956]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Departmental Offices

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other federal agencies to comment on proposed or continuing 
information collections, as required by the Paperwork Reduction Act of 
1995. Currently, the Department of the Treasury's Office of Foreign 
Assets Control is soliciting comments concerning OFAC's Iranian 
Financial Sanctions Regulations Report on Closure by U.S. Financial 
Institutions of Correspondent Accounts and Payable-Through Accounts.

DATES: Comments should be received on or before March 29, 2023 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent

[[Page 12442]]

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.

SUPPLEMENTARY INFORMATION:

Departmental Offices (DO)

    Title: Coronavirus Capital Projects Fund.
    OMB Control Number: 1505-0277.
    Type of Review: Revision of a currently approved collection.
    Description: Section 604 of the Social Security Act (the ``Act''), 
as added by section 9901 of the American Rescue Plan Act of 2021, 
Public Law 117-2 (Mar. 11, 2021) established the Coronavirus Capital 
Projects Fund (``CPF''). The CPF provides $10 billion in funding for 
the U.S. Department of the Treasury (``Treasury'') to make payments 
according to a statutory formula to States (defined to include each of 
the 50 states, the District of Columbia, and Puerto Rico), seven 
territories and freely associated states (the United States Virgin 
Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana 
Islands, the Republic of the Marshall Islands, the Federated States of 
Micronesia, and the Republic of Palau), and Tribal governments \1\ to 
carry out critical capital projects directly enabling work, education, 
and health monitoring, including remote options, in response to the 
public health emergency with respect to the Coronavirus Disease (COVID-
19).
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    \1\ An eligible Tribal government is the recognized governing 
body of any Indian or Alaska Native tribe, band, nation, pueblo, 
village, community, component band, or component reservation, 
individually identified (including parenthetically) in the list 
published most recently as of the date of enactment of this Act 
pursuant to section 104 of the Federally Recognized Indian Tribe 
List Act of 1994 (25 U.S.C. 5131). The State of Hawaii, for 
exclusive use of the Department of Hawaiian Home Lands and the 
Native Hawaiian Education Programs to assist Native Hawaiians, is 
also eligible to apply for funding under this funding category.
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    The current information collection is being used to solicit 
information related to quarterly project and expenditure reports and 
annual performance reports submitted by CPF recipients that are states, 
territories, or freely associated states. For these recipients, the 
information collection is being renewed without changes.
    Treasury is adding to this information collection Compliance and 
Reporting Guidance that will be used to solicit information related to 
annual project, expenditure and performance reports submitted by CPF 
recipients that are Tribal governments.
    The Compliance and Reporting Guidance provides recipients with 
information needed to fulfill their reporting requirements and 
compliance obligations. Data is submitted to Treasury using a web-based 
portal and in accordance with specific data requirements.
    Project and expenditure reports must be submitted quarterly for the 
duration of the period of performance for States, territories, and 
freely associated states, and annually for the duration of the period 
of performance for Tribal governments. The project and expenditure 
report contains a set of standardized questions to ascertain the 
recipient's use of funds received as of the date of reporting, as well 
as the status of individual projects. Treasury will make the data 
submitted by recipients publicly available.
    Performance reports must be submitted annually for all recipients 
for the duration of the period of performance. For states, territories, 
and freely associated states, the performance report will contain 
detailed performance data corresponding to the ``Programs'' specified 
previously in a recipient's Grant Plan. This will include information 
on efforts to improve equity and engage communities. The performance 
report is largely freely written text, and while there are certain data 
and topics that recipients must cover in the performance report, it is 
mostly free-form written content. Recipients are required to publish 
the performance report on their website and provide the reports to 
Treasury. Treasury will make the performance reports and associated 
data submitted by recipients publicly available. For Tribal 
governments, the performance report will also be free-form written 
content, but is shorter and less detailed.
    Form: Compliance and Reporting Guidance for States, Territories, 
and Freely Associated States; Compliance and Reporting Guidance for 
Tribal Governments.
    Affected Public: State, Territorial, Freely Associated State, and 
Tribal governments receiving CPF grant funds.
    Estimated Number of Respondents: 609.
    Frequency of Response: States, territories, and freely associated 
states: 4 times per year for project and expenditure reports, and 1 
time per year for performance reports; Tribal governments: 1 time per 
year.
    Estimated Total Number of Annual Responses: 845.
    Estimated Time per Response: 62 hours for State project and 
expenditure reports. 80 hours for State performance reports. 50 hours 
for Tribal annual reports.
    Estimated Total Annual Burden Hours: 46,852.
    Authority: 44 U.S.C. 3501 et seq.

Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023-03956 Filed 2-24-23; 8:45 am]
BILLING CODE 4810-AL-P


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Indexed from Federal Register on February 27, 2023.

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