Notice2024-05001
Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Quarterly Summary of State & Local Government Tax Revenues
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
March 8, 2024
Issuing agencies
Commerce DepartmentCensus Bureau
Full Text
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<title>Federal Register, Volume 89 Issue 47 (Friday, March 8, 2024)</title>
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[Federal Register Volume 89, Number 47 (Friday, March 8, 2024)]
[Notices]
[Page 16722]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-05001]
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DEPARTMENT OF COMMERCE
Census Bureau
Agency Information Collection Activities; Submission to the
Office of Management and Budget (OMB) for Review and Approval; Comment
Request; Quarterly Summary of State & Local Government Tax Revenues
The Department of Commerce will submit the following information
collection request to the Office of Management and Budget (OMB) for
review and clearance in accordance with the Paperwork Reduction Act of
1995, on or after the date of publication of this notice. We invite the
general public and other Federal agencies to comment on proposed, and
continuing information collections, which helps us assess the impact of
our information collection requirements and minimize the public's
reporting burden. Public comments were previously requested via the
Federal Register on December 8, 2023 during a 60-day comment period.
This notice allows for an additional 30 days for public comments.
Agency: U.S. Census Bureau, Department of Commerce.
Title: Quarterly Summary of State & Local Government Tax Revenues.
OMB Control Number: 0607-0112.
Form Number(s): F-71, F-72, F-73.
Type of Request: Regular submission, Request for an Extension,
without Change, of a Currently Approved Collection.
Number of Respondents: 7,411.
Average Hours per Response: 16.36 minutes.
Burden Hours: 8,082.
Needs and Uses: The Census Bureau conducts the Quarterly Summary of
State & Local Government Tax Revenues (QTax Survey) to provide
quarterly estimates of State and local government tax revenue at a
national level, as well as detailed tax revenue data for individual
States. The Census Bureau is requesting an extension of the current
clearance for this survey without changes to the forms. Quarterly
measurement of, and reporting on, these fund flows provides valuable
insight into trends in the national economy and that of individual
States. Information collected on the type and quantity of taxes
collected gives comparative data on how the various levels of
government fund their public sector obligations. There are three
components to the QTax Survey; the first component is the Quarterly
Survey of Property Tax Collections (F-71), which collects property tax
data from local governments, the second component is the Quarterly
Survey of State Tax Collections (F-72), which collects data on 28
different tax categories for all 50 States, and the third component is
the Quarterly Survey of Selected Non-Property Taxes (F-73), which
collects local tax revenue data for three taxes: sales and gross
receipts, individual income, and corporation net income taxes.
The information contained in this survey is the most current
information available on a nationwide basis for State and local
government tax collections. Data are collected for fifty State
governments and the District of Columbia and a sample of the local
governments (approximately 7,411).
The Census Bureau's previous request for an extension submitted on
03/23/2021 requested approval to remove the collection of all license
taxes from the F-72 component of the Quarterly Summary of State and
Local Government Tax Revenue. The Census Bureau reconsidered that plan
and decided not to remove the collection of all license taxes from the
F-72 component of the survey. Keeping the license taxes on the survey
allows for a consistent time series and maintains item comparability
with other surveys.
The Census Bureau conducts the three components of the QTax Survey
to collect State and local government tax data for this data series
established in 1962. It serves as a timely source of tax data for many
data users and policy makers and is the most current information
available on a nationwide basis for government tax collections Tax
collection data are used to measure economic activity nationwide, as
well as for comparison among the States. These data are also used in
comparing the variety of taxes employed by individual States and in
determining the revenue raising capacity of different types of taxes in
different States.
Key users of these data include the Bureau of Economic Analysis
(BEA), the Federal Reserve Board (FRB), and the Department of Housing
and Urban Development (HUD) who rely on these data to provide they
provide insight into and the most current information on the complex
nature and fiscal health of State and local government finances. These
data are included in the quarterly estimates of the National Income and
Product Accounts developed by BEA. HUD has used the property tax data
as one of nine cost indicators for developing Section 8 rent
adjustments. These data are widely used by Federal, State, and local
legislators, policy makers, analysts, economists, and researchers to
follow the changing characteristics and monitor trends in public sector
revenues. These data are also widely used by the media and academia.
Frequency: Quarterly.
Respondent's Obligation: Voluntary.
Legal Authority: Title 13 U.S.C., sections 161 and 182.
This information collection request may be viewed at
<a href="http://www.reginfo.gov">www.reginfo.gov</a>. Follow the instructions to view the Department of
Commerce collections currently under review by OMB.
Written comments and recommendations for the proposed information
collection should be submitted within 30 days of the publication of
this notice on the following website <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 and entering either the title of the collection or the OMB
Control Number 0607-0112.
Sheleen Dumas,
Department PRA Clearance Officer, Office of the Under Secretary for
Economic Affairs, Commerce Department.
[FR Doc. 2024-05001 Filed 3-7-24; 8:45 am]
BILLING CODE 3510-07-P
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