Notice2025-07233
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Air Carrier Loan and Payroll Support Programs
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
April 28, 2025
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 90 Issue 80 (Monday, April 28, 2025)</title>
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[Federal Register Volume 90, Number 80 (Monday, April 28, 2025)]
[Notices]
[Pages 17689-17690]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-07233]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Air Carrier Loan and Payroll Support Programs
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 May 28, 2025 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#efbfbdaeaf9b9d8a8e9c9a9d96c1888099"><span class="__cf_email__" data-cfemail="a7f7f5e6e7d3d5c2c6d4d2d5de89c0c8d1">[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:
Departmental Offices (DO)
Title: Air Carrier Loan and Payroll Support Programs.
OMB Control Number: 1505-0263.
Type of Request: Revision of a currently approved collection.
Description: Several pieces of legislation (the ``Coronavirus Aid,
Relief, and Economic Security Act'' or the ``CARES Act'' (Pub. L. 116-
136), the Consolidated Appropriations Act, 2021 or the ``Appropriations
Act,'' and the American Rescue Plan Act, 2021) provided emergency
assistance and health care response for individuals, families and
businesses affected by the
[[Page 17690]]
COVID-19 pandemic, and provided emergency appropriations to support
executive branch agency operations during the COVID-19 pandemic. These
authorized the Secretary of the Treasury to make loans, loan
guarantees, other investments and assistance to eligible businesses
(such as air carriers and certain related contractors), States, and
municipalities related to losses incurred because of coronavirus.
While Treasury is no longer accepting loan program or Payroll
Support Program (PSP) applications, both programs require ongoing
compliance reporting for certain participants, as well as
recordkeeping. Specifically, as part of the loan and PSP agreements,
applicants were required to maintain records for a period of five years
or more, depending on the agreement type and period of performance, as
well as submit compliance reports on a quarterly basis to ensure
funding is used in accordance with the agreements and aid statutory
reporting requirements.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 34.
Frequency of Response: Quarterly, On occasion.
Estimated Total Number of Annual Responses: 170.
Estimated Time per Response: 4.25 hours for compliance reporting
and recordkeeping, 30 hours for compliance audits.
Estimated Total Annual Burden Hours: 1,598.
Authority: 44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2025-07233 Filed 4-25-25; 8:45 am]
BILLING CODE 4810-AK-P
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