View Information Collection Request (ICR) Package

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: 1505-0121	ICR Reference No: 201909-1505-003
Status: Historical Inactive	Previous ICR Reference No: 201810-1505-001
Agency/Subagency: TREAS/DO	Agency Tracking No:
Title: Regulations Pertaining to Mergers, Acquisitions and Takeovers by Foreign Persons
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 01/16/2020
	Date Received in OIRA: 09/25/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2023	36 Months From Approved	11/30/2021
Responses	1,100	0	380
Time Burden (Hours)	57,400	0	20,080
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute
Annual Number of Responses	1,100	380	720
Annual Time Burden (Hours)	57,400	20,080	37,320
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: Due to the uncertainty in how many more notices and declarations will be submitted as a result of these proposed rules, the Department of the Treasury is estimating that the number of respondents will increase from the previously-approved information collections for notices under part 800 and from the estimated number of declarations for the Pilot Program Interim Rule. The estimated number of burden hours increased by 37,320 hours, primarily due to the addition of covered investments and covered real estate transactions, which were not subject to CFIUS jurisdiction previously. The Department of the Treasury also estimates an increase in the cost to the Federal Government in Item 14, due to the expected increase in the number of FTEs working on CFIUS matters.

Annual Cost to Federal Government: $25,900,000

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. 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: Benjamin Joseloff 202 622-9741 benjamin.joseloff@treasury.gov

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