Search Results for agency_names:"Agency Information Collection Activities

The Consumer Product Safety Commission (CPSC) is seeking to renew its approval for collecting information from manufacturers and importers of carpets and rugs. These standards, issued under the Flammable Fabrics Act, aim to ensure that carpets and rugs meet safety requirements for surface flammability. Companies must perform tests and maintain records to certify that their products comply with these flammability standards. The CPSC estimates that manufacturers and importers must collectively perform about 25,000 tests annually, with the associated costs potentially reaching over $1.8 million. Public comments on this information collection request are due by April 4, 2025.

The Department of the Treasury has announced that they will be submitting various information collection requests to the Office of Management and Budget (OMB) for review. These requests are part of a routine process governed by the Paperwork Reduction Act of 1995. The public is encouraged to submit comments by January 21, 2025, for consideration. The notice includes details about different forms and applications used by the Internal Revenue Service (IRS) for purposes such as employee pensions and advisory council membership, along with estimated burdens associated with each.

The Department of the Treasury is planning to submit several information collection requests to the Office of Management and Budget (OMB) for review. These requests are related to financial crime regulations, such as reporting large cash transactions and anti-money laundering requirements for casinos. The public is encouraged to provide comments on these proposals by March 26, 2021. The document details different areas where the Treasury seeks to extend its data gathering efforts under existing regulations without making changes.

The Consumer Product Safety Commission (CPSC) has made a request to the Office of Management and Budget (OMB) to extend their information collection for coal and wood burning appliances. This request concerns the collection of important safety and performance data that must appear on labels, instruction manuals, and point-of-sale literature for these appliances to ensure consumer safety. The current approval will expire on March 31, 2025, and the CPSC has not received any public comments on the matter. Manufacturers and importers are required to submit this information, and no additional burden is expected except when new models are introduced or existing models are changed.

The U.S. Department of the Treasury is submitting various information collection requests to the Office of Management and Budget for review, inviting public comments before April 28, 2025. These collections cover topics such as third-party documentation for tax credits, reporting distributions from medical savings accounts, and reporting requirements under the Foreign Account Tax Compliance Act (FATCA). Some forms, like Form 1099-SA and Forms 1099-LS and 1099-SB, are used to report financial transactions related to health accounts and life insurance contracts. The aim is to ensure compliance with tax regulations and accurately assess tax benefits and obligations.

The Environmental Protection Agency (EPA) plans to submit an information collection request for the SmartWay Transport Partnership to the Office of Management and Budget. The EPA is asking for public comments on the proposed data collection, which aims to assess energy and air quality in the freight industry, including strategies to reduce idling and fuel consumption. Organizations involved in freight operations can join the program and must report transportation-related data annually. The response to this collection is voluntary, with the estimated total annual cost for respondents being $732,210.

The Department of Labor (DOL) is requesting public comments on a proposed information collection related to the registration and identification of independent contractors for the Mine Safety and Health Administration (MSHA). This collection is intended to improve the enforcement of safety regulations and assess fines for violations. Comments are due by February 24, 2025, and can be submitted online. The collection is expected to impact businesses, with over 22,000 respondents anticipated, and necessitates over 18,000 hours annually to complete.

The Department of Labor is asking for public comments on a proposed information collection related to managing the Unemployment Insurance Trust Fund. This request is submitted to the Office of Management and Budget under the Paperwork Reduction Act. The information collected will help ensure that funds are properly managed and used exclusively for unemployment benefits. The public can provide feedback on the necessity and accuracy of this data collection by March 21, 2025.

The Board of Governors of the Federal Reserve System has decided to extend, with some revisions, a key report, known as FR 2644, for another three years. This report collects data on the assets and liabilities of both U.S. commercial banks and foreign banks operating in the U.S. It helps analyze banking trends by gathering weekly data from a sample of 850 banks. The Board will allow smaller banks under $5 billion in assets to report once a month instead of weekly. These changes begin on April 2, 2025, and the Board received no public comments during the proposal's review period.

The Board of Governors of the Federal Reserve System has decided to extend the use of the Complex Institution Liquidity Monitoring Report (FR 2052a) for another three years without making any changes. This report collects important data from large banking organizations to help the Board monitor their liquidity risks and compliance with financial regulations. The information collected is used to assess potential liquidity problems and ensure safe banking operations. Public comments were invited on this decision, but none were received.