View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1530-0036	ICR Reference No: 201604-1530-001
Status: Historical Active	Previous ICR Reference No: 201407-1530-038
Agency/Subagency: TREAS/FISCAL	Agency Tracking No:
Title: Request to Reissue U.S. Savings Bonds to a Personal Trust
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Emergency	Approval Requested By: 04/30/2016
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/10/2016
	Date Received in OIRA: 04/29/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2017	6 Months From Approved	08/31/2016
Responses	10,600	0	18,000
Time Burden (Hours)	2,650	0	4,500
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	10,600	18,000	-7,400
Annual Time Burden (Hours)	2,650	4,500	-1,850
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: No

Burden Reduction Due to:

Short Statement: The decrease to the reported burden is due to an examination of forms distributed by the Bureau of the Fiscal Service or downloaded from the TreasuryDirect website from the time of the previous extension. Since December 2012, Series EE and I Savings Bonds are only available in electronic form unless a Series I Bond is purchased with a tax refund. The amount of requests to reissue paper bonds is proportionate to the reduced amount of paper bonds issued, thus leading to a decrease in the respondents using FS Form 1851.The decrease of 1,850 hours is an adjustment in agency estimate for a total of 2,650 burden hours requested.

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