View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1535-0138	ICR Reference No: 201907-1535-001
Status: Historical Active	Previous ICR Reference No: 201601-1535-001
Agency/Subagency: TREAS/BPD	Agency Tracking No:
Title: TreasuryDirect
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: 08/13/2020
	Date Received in OIRA: 08/29/2019
Terms of Clearance: Supporting statement clarified during review.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2023	36 Months From Approved	08/31/2020
Responses	3,549,700	0	5,096,000
Time Burden (Hours)	151,070	0	351,316
Cost Burden (Dollars)	0	0	0

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

IC Title	Form No.	Form Name
New Treasury Direct	FS Form 5446, FS Form 5444, FS Form 5512, FS Form 5511	, , ,

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	3,549,700	5,096,000	-1,546,300
Annual Time Burden (Hours)	151,070	351,316	-200,246
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: There is a reduction of 1,546,300 respondents due to an observed decrease in the number of account information updates and banking information updates processed both online and with assistance from Customer Support. This results in a reduction of 200,246 hours due to changes in agency estimates, for a new total of 151,070 hours.

Annual Cost to Federal Government: $7,000,000

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. Yes

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? No

Agency Contact: Bruce Sharp 304 480-8112 Bruce.Sharp@bpd.treas.gov

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