Notice2024-16865
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Departmental Offices Information Collection Requests
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 31, 2024
Issuing agencies
Treasury Department
Abstract
The Department of the Treasury will submit the following information collection requests 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. The public is invited to submit comments on these requests.
Full Text
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<title>Federal Register, Volume 89 Issue 147 (Wednesday, July 31, 2024)</title>
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[Federal Register Volume 89, Number 147 (Wednesday, July 31, 2024)]
[Notices]
[Pages 61585-61586]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-16865]
[[Page 61585]]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Departmental Offices Information
Collection Requests
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of information collection; request for comment.
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SUMMARY: The Department of the Treasury will submit the following
information collection requests 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. The public is invited to submit comments on these requests.
DATES: Comments should be received on or before August 30, 2024 to be
assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
information collection 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 particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Spencer W. Clark by emailing <a href="/cdn-cgi/l/email-protection#7e2e2c3f3e0a0c1b1f0d0b0c0750191108"><span class="__cf_email__" data-cfemail="49191b08093d3b2c283a3c3b30672e263f">[email protected]</span></a>, calling
(202) 927-5331, or viewing the entire information collection request at
<a href="http://www.reginfo.gov">www.reginfo.gov</a>.
SUPPLEMENTARY INFORMATION:
1. Title: Treasury International Capital Form SLT, ``Aggregate
Holdings, Purchases and Sales, and Fair Value Changes of Long-Term
Securities by U.S. and Foreign Residents''.
OMB Control Number: 1505-0235.
Type of Review: Extension without change of a currently approved
collection.
Description: Form SLT is part of the Treasury International Capital
(TIC) reporting system, which is required by law (22 U.S.C. 286f; 22
U.S.C. 3103; E.O. 10033; 31 CFR part 128) for the purpose of providing
timely information on international capital movements. Form SLT is used
to collect monthly data on cross-border ownership by U.S. and foreign
residents of long-term securities, purchases and sales of long-term
securities, and changes in fair value of long-term securities, for
portfolio investment purposes. These data are used by the U.S.
Government in the formulation of international and financial policies
and for the preparation of the U.S. balance of payments accounts and
the U.S. international investment position. Form SLT is filed by U.S.-
resident custodians, U.S.-resident issuers of long-term securities, and
U.S.-resident end-investors (including endowments, foundations, pension
funds, mutual funds, and other investment managers/advisors/sponsors)
in long-term foreign securities.
Form: Treasury International Capital Form SLT.
Affected Public: Businesses or other for-profits, Not-for-profit
Institutions.
Estimated Number of Respondents: 429.
Frequency of Response: Monthly.
Estimated Total Number of Annual Responses: 5,148.
Estimated Time per Response: 14.5 hours.
Estimated Total Annual Burden Hours: 74,882.
2. Title: Coronavirus State and Local Fiscal Recovery Funds
Program.
OMB Control Number: 1505-0271.
Type of Review: Revision of a currently approved collection.
Description: Sections 602 and 603 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) authorized the Coronavirus State
Fiscal Recovery Fund (``CSFRF'') and Coronavirus Local Fiscal Recovery
Fund (``CLFRF'') respectively (referred to as the ``Coronavirus State
and Local Fiscal Recovery Funds'' or ``SLFRF''). The SLFRF provided
$350 billion in total funding for the U.S. Department of the Treasury
(``Treasury'') to make payments to States (defined to include the
District of Columbia), U.S. Territories (defined to include Puerto
Rico, U.S. Virgin Islands, Guam, Northern Mariana Islands, and American
Samoa), Tribes, Metropolitan cities, Counties, Consolidated
Governments, and (through States) Non-entitlement units of local
government (collectively the ``eligible entities'') to (1) respond to
the COVID-19 public health emergency or its negative economic impacts,
including providing assistance to households, small business,
nonprofits, and impacted industries, such as tourism, travel, and
hospitality; (2) respond to workers performing essential work during
the COVID-19 pandemic by providing premium pay to eligible workers of
the State, U.S. Territory, Tribal government, Metropolitan city,
County, or Non-entitlement units of local government who are performing
essential work or by providing grants to eligible employers that have
eligible workers; (3) provide of government services, to the extent
COVID-19 caused a reduction of revenues collected in the most recent
full fiscal year of the State, U.S. Territory, Tribal government,
Metropolitan city, County, or Non-entitlement units of local
government; or (4) make necessary investments in water, sewer, or
broadband infrastructure, (5) provide emergency relief from natural
disasters or the negative economic impacts of natural disasters
including temporary emergency housing, food assistance, financial
assistance for lost wages, and other immediate needs; (6) use funds for
projects eligible under 26 programs administered by the Department of
Transportation (``Surface Transportation projects''), or (7) use funds
for projects eligible under Title I of the Housing and Community
Development Act of 1974 (``Title I projects'').
Title I projects require the implementing recipients to submit to
Treasury a National Environmental Review Act (NEPA) Environmental
Certification form under certain circumstances. This form can be found
on the Treasury website.
To administer the SLFRF program, a Project and Expenditure (P&E)
Report is required to be submitted by recipients quarterly or annually
based on their ``reporting tier'' provided in the Compliance and
Reporting Guidance. The first quarterly reports were due January 31,
2022 for certain recipients. The first annual reports were due April
30, 2022. The P&E Report has been updated periodically to accommodate
new reporting needs corresponding to updated program guidance offered
through interim final rules (IFRs) and frequently asked questions
(FAQs) and will be continuously updated throughout the program's period
of performance. Existing and anticipated future updates are reflected
in the estimated time per response for reporting.
Final program reports will be due in accordance to guidelines
established in 2 CFR 200.344, and property, real property, and
equipment disposition procedures must be followed in accordance with 2
CFR 200.311, 200.313, and 200.314, as well as in accordance with
additional guidance issued by Treasury.
Form: Award and Payment Forms and associated forms; Annual Recovery
Performance Plan and Distribution Templates; Annual and Quarterly
Project and Expenditure Reports, National Environmental Protection Act
(NEPA) Review Certification Form for Title I projects, disposition and
[[Page 61586]]
associated forms, and the Impact Story submission form.
Affected Public: State, Territorial, Tribal, and certain Local
Governments.
Estimated Number of Respondents: 30,000.
Frequency of Response: As required.
Estimated Total Number of Annual Responses: 82,874.
Estimated Time per Response: 15 minutes to 1 hour for Award and
Payment forms, up to 100 hours for Annual Recovery Plan Performance
Reports, up to 15 hours for annual and quarterly Project and
Expenditure Reports, up to 2 hours for Title I NEPA Environmental
Reviews, and up to 1 hour for optional impact story submissions, in
addition to time spent on previously collected items.
Estimated Total Annual Burden Hours: 628,494.
Authority: 44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2024-16865 Filed 7-30-24; 8:45 am]
BILLING CODE 4810-AK-P
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