View Information Collection Request (ICR) Package

OMB Control No: 1505-0219	ICR Reference No: 201003-1505-004
Status: Historical Active	Previous ICR Reference No: 200905-1505-001
Agency/Subagency: TREAS/DO	Agency Tracking No: TARP
Title: TARP Capital Purchase Program Executive Compensation
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Emergency	Approval Requested By: 03/19/2010
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/17/2010
	Date Received in OIRA: 03/16/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2010	6 Months From Approved
Responses	2,957	0	0
Time Burden (Hours)	8,600	0	0
Cost Burden (Dollars)	0	0	0

Abstract: Authorized under the Emergency Economic Stabilization Act (EESA) of 2008 (Public Law 110-343), as amended by the American Recovery and Reinvestment Act (ARRA) of 2009, the Department of the Treasury (Treasury) is implementing several aspects of the Troubled Asset Relief Program (TARP). The statute provides the Secretary broad authority to purchase and insure mortgage assets, and to purchase any other financial instrument that the Secretary, in consultation with the Federal Reserve Chairman, determines necessary to stabilize our financial markets. The interim rule sets forth additional executive compensation requirements under EESA as required by the amendments to EESA under ARRA. The information collections included in this interim final rule provides reporting and recordkeeping requirements for executive compensation.

Emergency Justfication: The Department of the Treasury (Treasury) respectfully requests emergency processing and approval of the collection of information contained in the interim rule to amend executive compensation requirements for participants in the Troubled Asset Relief Program (TARP). The collection of information is needed to fulfill Treasurys responsibilities under the Emergency Economic Stabilization Act (EESA) of 2008 (Public Law 110-343; approved October 3, 2008), as amended by the American Recovery and Reinvestment Act (ARRA) of 2009 (Public Law 111-5 enacted February 17, 2009). OMB granted a pre-approval based on anticipated final rule action by Treasury. The pre-approval period has now lapsed and to provide full compliance under the PRA, Treasury is initiating this new request.

Authorizing Statute(s): PL: Pub.L. 111 - 5 1 Name of Law: American Recovery and Reinvestment Act of 2009
PL: Pub.L. 110 - 343 1 Name of Law: Emergency Economic Stabilization Act of 2008

Citations for New Statutory Requirements: PL: Pub.L. 110 - 343 1 Name of Law: Emergency Economic Stabilization Act of 2008
PL: Pub.L. 111 - 5 1 Name of Law: American Recovery and Reinvestment Act of 2009

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1505-AC09	Final or interim final rulemaking	74 FR 28394	06/15/2009

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Approved	Change Due to New Statute
Annual Number of Responses	2,957	2,957
Annual Time Burden (Hours)	8,600	8,600
Annual Cost Burden (Dollars)	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: No

Burden Reduction Due to:

Short Statement: This is a request for an emergency clearance on a new information collection. The addition of 8,500 hours is due to new statue requirement.

Annual Cost to Federal Government: $0

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)? Yes

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Dawn Wolfgang 202 927-5331 dawn.wolfgang@do.treas.gov

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