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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1615-0061
ICR Reference No:
201501-1615-003
Status:
Historical Active
Previous ICR Reference No:
201312-1615-003
Agency/Subagency:
DHS/USCIS
Agency Tracking No:
I-924
Title:
Application for Regional Center Under the Immigrant Investor Pilot Program
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:
03/18/2015
Retrieve Notice of Action (NOA)
Date Received in OIRA:
01/28/2015
Terms of Clearance:
Approved for one year due to partial GPEA compliance. In order to continue collecting this information beyond the current expiration date, USCIS will engage in further review of public comments on the information collection.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
03/31/2016
36 Months From Approved
03/31/2015
Responses
691
0
470
Time Burden (Hours)
13,580
0
11,696
Cost Burden (Dollars)
852,876
0
0
Abstract:
The data collected on Form I-924 and Form I-924A is used by U.S. Citizenship and Immigration Services (USCIS) to determine eligibility for an entity to be designated as a regional center, under the Immigrant Investor Pilot Program created by section 610 of Public Law 102-395 (October 6, 1992). A regional center is defined as any economic unit, public or private, engaged in the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment. Alien entrepreneurs ("EB-5 alien investors") admitted to the United States under section 203(b)(5) of the Immigration and Nationality Act (INA) may meet the job creation requirements under INA section 203(b)(5)(A)(ii) through the creation of indirect jobs through capital investments made in commercial enterprises that are affiliated with regional centers that are designated for participation in the pilot program. The requirements for obtaining and terminating the regional center designation for participation in the pilot program are in 8 CFR 204.6(m)(3).
Authorizing Statute(s):
US Code:
8 USC 1153
Name of Law: U.S. Code
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:
79 FR 63157
10/22/2014
30-day Notice:
Federal Register Citation:
Citation Date:
80 FR 4298
01/27/2015
Did the Agency receive public comments on this ICR?
Yes
Number of Information Collection (IC) in this ICR:
3
IC Title
Form No.
Form Name
Application for Regional Center Under the Immigrant Investor Pilot Program (Amendment Filings)
I-924
Application for Regional Center under the Immigrant Investor Pilot Program
Application for Regional Center Under the Immigrant Investor Pilot Program (Initial Filings)
I-924
Application for Regional Center under the Immigrant Investor Pilot Program
Supplement to Form I-924
Form I-924A
Supplement
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
691
470
0
0
221
0
Annual Time Burden (Hours)
13,580
11,696
0
0
1,884
0
Annual Cost Burden (Dollars)
852,876
0
0
0
852,876
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:
There has been an increase of 1,884 annual burden hours previously reported for this information collection. This increase can be attributed to the increase in the total number of respondents for Form I-924 to 691 from 470. The increase in the total number of respondents is based on updated statistical data and the resulting adjustment in agency estimates. There is no change in the information being collected at this time. There is an increase of 852,876 in the estimated total annual cost burden associated with this information collection. This increase is the result of accounting for out-of-pocket costs that respondents may incur.
Annual Cost to Federal Government:
$1,937,530
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]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
John Ramsay 202 646-4247 John.Ramsay@dhs.gov
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
01/28/2015
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