The Department of the Treasury is submitting multiple information collection requests to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act of 1995. They are seeking public comments on these requests by March 31, 2025. One request involves proposals for public contracts for supplies and services, impacting businesses with an estimated 217,838 annual burden hours. Another is related to the Coronavirus Economic Relief for Transportation Services (CERTS) program, which provided $2 billion in grants to transportation service providers both impacted by COVID-19 and required to maintain expenditure records for three years, with an estimated burden of 365 annual hours.
Simple Explanation
The Department of the Treasury is asking people to give their opinions on some forms they use, which will help figure out how long it takes for businesses to fill these out and why keeping track of some things is important, even after they've finished using certain programs.