Search Results for keywords:"Compliance Burden"

The Environmental Protection Agency (EPA) is seeking approval from the Office of Management and Budget (OMB) to extend an existing information collection request (ICR) related to the National Emission Standards for Hazardous Air Pollutants (NESHAP) for Polyether Polyols Production. This extension would ensure that facilities involved in the production of polyether polyols (a type of chemical) continue to monitor and reduce harmful emissions. EPA invites public comments by March 31, 2025. The estimated annual burden on these facilities is 4,350 hours, with a total cost of $554,000 per year.

The Securities and Exchange Commission (SEC) has requested approval from the Office of Management and Budget to continue collecting information under Rule 17Ad-11. This rule requires transfer agents to report specific discrepancies in securities records and other matters to the SEC and relevant regulatory bodies. The Commission estimates the industry-wide annual time burden is minimal, amounting to about 0.5 hours or a cost of $39 per report. Public comments on the necessity and burden of this information collection are invited until March 31, 2025.

The Department of the Treasury is seeking public comments on information collection requests related to U.S. business income tax return forms before submitting them to the Office of Management and Budget for approval. This notice outlines the forms used by business taxpayers and the proposed changes affecting the regulatory guidance for these forms. In 2021, it is estimated that 11.8 million respondents will spend 1.085 billion hours and $44.279 billion in out-of-pocket costs to comply with tax filing obligations. The notice also details how the burden and costs differ between partnerships, corporations, and pass-through corporations.