Notice2024-20316
Agency Information Collection Activity: Application for Cash Surrender or Policy Loan
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
September 10, 2024
Issuing agencies
Veterans Affairs Department
Abstract
Veterans Benefits Administration (VBA), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice.
Full Text
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<title>Federal Register, Volume 89 Issue 175 (Tuesday, September 10, 2024)</title>
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[Federal Register Volume 89, Number 175 (Tuesday, September 10, 2024)]
[Notices]
[Pages 73507-73508]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20316]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0012]
Agency Information Collection Activity: Application for Cash
Surrender or Policy Loan
AGENCY: Veterans Benefits Administration, Department of Veterans
Affairs.
ACTION: Notice.
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SUMMARY: Veterans Benefits Administration (VBA), Department of Veterans
Affairs (VA), is announcing an opportunity for public comment on the
proposed collection of certain information by the agency. Under the
Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to
publish notice in the Federal Register concerning each proposed
collection of information, including each proposed extension of a
currently approved collection, and allow 60 days for public comment in
response to the notice.
DATES: Comments must be received on or before November 12, 2024.
ADDRESSES: Comments must be submitted through <a href="http://www.regulations.gov">www.regulations.gov</a>.
FOR FURTHER INFORMATION CONTACT:
Program-Specific information: Nancy Kessinger, 202-632-8924,
<a href="/cdn-cgi/l/email-protection#86e8e7e8e5ffa8ede3f5f5efe8e1e3f4c6f0e7a8e1e9f0"><span class="__cf_email__" data-cfemail="67090609041e490c0214140e0900021527110649000811">[email protected]</span></a>.
VA PRA information: Maribel Aponte, 202-461-8900,
<a href="/cdn-cgi/l/email-protection#c9bfa8aaa6b9a8b9acbbbea6bba2bbacadbca8aabd89bfa8e7aea6bf"><span class="__cf_email__" data-cfemail="b0c6d1d3dfc0d1c0d5c2c7dfc2dbc2d5d4c5d1d3c4f0c6d19ed7dfc6">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: Under the PRA of 1995, Federal agencies must
obtain approval from the Office of Management and Budget (OMB) for each
collection of information they conduct or sponsor. This request for
comment is being made pursuant to section 3506(c)(2)(A) of the PRA.
With respect to the following collection of information, VBA
invites comments on: (1) whether the proposed collection of information
is necessary for the proper performance of VBA's functions, including
whether the information will have practical utility; (2) the accuracy
of VBA's estimate of the burden of the proposed collection of
information; (3) ways to enhance the quality, utility, and clarity of
the information to be collected; and (4) ways to minimize the burden of
the collection of information on respondents, including through the use
of automated collection techniques or the use of other forms of
information technology.
Title: Application for Cash Surrender or Policy Loan (VA Form 29-
1546), Application for Cash Surrender (VA Form 29-1546e).
OMB Control Number: 2900-0012. <a href="https://www.reginfo.gov/public/do/PRASearch">https://www.reginfo.gov/public/do/PRASearch</a> (Once at this link, you can enter the OMB Control Number to
find the historical versions of this Information Collection).
Type of Review: Extension of a currently approved collection.
Abstract: The Application for Cash Surrender or Policy Loan
solicits information needed from Veterans to apply for cash surrender
value or policy loan on his/her insurance. The VA Form 29-1546e has
been added to this collection. This is an electronic version of the 29-
1546 but is for cash surrender only. This form was created so Veterans
can apply for a cash surrender of their policy online. This will not
affect the number of respondents but will make it easier and reduce the
time it takes for
[[Page 73508]]
Veterans to receive the cash value of their policy. The information on
this form is required by law, 38 U.S.C. 1906 and 1944, 38 CFR 6.115,
6.116, 6.117, 8.27, 6.100, 6.101 and 8.28.
Affected Public: Individuals and households.
Estimated Annual Burden: 4,939 hours.
Estimated Average Burden per Respondent: 10 minutes.
Frequency of Response: Upon Request.
Estimated Number of Respondents: 29,636.
Authority: 44 U.S.C. 3501 et seq.
Maribel Aponte,
VA PRA Clearance Officer, Office of Enterprise and Integration/Data
Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2024-20316 Filed 9-9-24; 8:45 am]
BILLING CODE 8320-01-P
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.