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OMB Control No: 1902-0043	ICR Reference No: 200807-1902-001
Status: Historical Active	Previous ICR Reference No: 200506-1902-009
Agency/Subagency: FERC	Agency Tracking No: FERC-523
Title: Application for Authorization for the Issuance of Securities or the Assumption of Liabilities,
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 10/08/2008
	Date Received in OIRA: 07/01/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2011	36 Months From Approved	10/31/2008
Responses	60	0	60
Time Burden (Hours)	4,224	0	5,280
Cost Burden (Dollars)	0	0	0

Abstract: The Commission analyzes the information to determine its acceptance and/or rejection for granting utilities or licenses the authorization to issue securities or assume an obligation or liability to licenses and public utilities in accordance with Section 19, 20 and 204 of the Federal Power Act (FPA).

Authorizing Statute(s): US Code: 16 USC 812 Name of Law: Federal Power Act
   US Code: 16 USC 813 Name of Law: Federal Power Act
   US Code: 16 USC 824c Name of Law: Federal Power Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 10236	02/26/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 36309	06/26/2008
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Application for Authorization for the Issuance of Securities or the Assumption of Liabilities

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	60	60	0
Annual Time Burden (Hours)	4,224	5,280	-1,056
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Using Information Technology

Short Statement: The changes from what is currently reported in OMBs inventory are due two initiatives implemented by the Commission for electronic filing. In Order No. 657 issued May 27, 2005 FERC amended its regulations, effective April 4, 2006, to provide for the electronic filing of FERC-523. These revisions reduced the Commissions and the respondents costs by allowing the submission of financial information in electronic format in lieu of the hard copy format; the type of financial data that jurisdictional entities submit in this application is already routinely stored in electronic format, making hard copy filing of such information burdensome. On November 15, 2007, FERC issued a Final Rule, RM07-16-000, Order No. 703, Filing via the Internet revising its regulations for implementing the next version of its system for filing documents via the Internet, eFiling 7.0. This Final Rule allows the option of filing all documents in Commission proceedings through the eFiling interface except for specified exceptions, and of utilizing online forms to allow document less interventions in all filings and certain FERC proceedings. Electronic filing, combined with electronic posting and service over the web site, permits staff and the public to obtain filings in a faster and more efficient manner. In addition, there is the potential for further reductions as a result of reorganizations along functional business lines that may in turn, include further consolidations especially if public utilities opt to join regional organizations in the future and thus streamline their operations.

Annual Cost to Federal Government: $189,576

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Patricia Morris 202 208-6990

View ICR - OIRA Conclusion