View Information Collection Request (ICR) Package
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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:
1530-0001
ICR Reference No:
201604-1530-002
Status:
Historical Active
Previous ICR Reference No:
201407-1530-001
Agency/Subagency:
TREAS/FISCAL
Agency Tracking No:
FS_Form_3144
Title:
Minority Bank Deposit Program (MBDP) Certification Form for Admission
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:
08/19/2016
Retrieve Notice of Action (NOA)
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
85
0
136
Time Burden (Hours)
64
0
68
Cost Burden (Dollars)
0
0
0
Abstract:
A financial institution who wants to participate in the MBDP must complete this form. The approved application certifies the institution as minority and is admitted into the program.
Emergency Justfication:
PRA responsibilities of the former Financial Management Service (FMS) and Bureau of the Public Debt (BPD) have been combined under Fiscal Service. Competing priorities related to the Fiscal Service consolidation have not allowed staff to provide proper notice for comments to the public in the Federal Register. An emergency extension is requested to allow for proper comment period allowed to the public.
Authorizing Statute(s):
EO: EO 11458
EO: EO 11625
EO: EO 12138
PL:
Pub.L. 101 - 73 308
Name of Law: Financial Institutions Reform, Recovery and Enforcement Act of 1989
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:
81 FR 12200
03/08/2016
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
Minority Bank Deposit Program (MBDP) Certification Form for Admission
FS Form 3144
Minority Bank Deposit Program - Certification for Admission
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
85
136
0
0
-51
0
Annual Time Burden (Hours)
64
68
0
0
-4
0
Annual Cost Burden (Dollars)
0
0
0
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:
A reduction of 4 hours is attributed to discussions with representatives from financial institutions that indicate the amount of time required to complete the form is closer to 45 minutes rather than the 30 minutes previously reported. The increased time to complete the form combined with a decreased number of minority financial institutions reporting reduces the total annual burden hours to 64 rather than the 68 hours previously reported.
Annual Cost to Federal Government:
$1,606
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:
Bruce Sharp 304 480-8112 Bruce.Sharp@bpd.treas.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:
04/29/2016
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