View Information Collection Request (ICR) Package

OMB Control No: 0648-0041	ICR Reference No: 202205-0648-005
Status: Active	Previous ICR Reference No: 201903-0648-012
Agency/Subagency: DOC/NOAA	Agency Tracking No:
Title: Capital Construction Fund Agreement, Certificate Family of Forms, and Deposit/Withdrawal Report
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/03/2022
Retrieve Notice of Action (NOA)	Date Received in OIRA: 05/17/2022
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2025	36 Months From Approved	08/31/2022
Responses	1,575	0	1,600
Time Burden (Hours)	2,900	0	4,075
Cost Burden (Dollars)	4,168	0	7,585

Abstract: This request is for extension and revision of this information collection to add a form (Schedule of Tax Basis) to the Certificate Family of Forms. NMFS is proposing to add the Schedule of Tax Basis form, which is required upon completion of a Schedule B project in order to determine the remaining tax basis of the qualified vessel. This request is for a revision and extension of a currently approved information collection. The Merchant Marine Act of 1936, as amended by Public Law 91–469 and Public Law 99–514, provides for the administration of a Capital Construction Fund (CCF) Program by NOAA’s National Marine Fisheries Service (NMFS). The law requires that applicants enter into formal Agreements with the Secretary of Commerce. The Agreement allows the fishermen to defer taxable income from operation of their fishing vessels if the money is placed into an account to fund the construction, reconstruction, or replacement of a fishing vessel. The program requirements are detailed at 50 CFR part 259. The Agreement is a contract between the Secretary of Commerce and the Agreement holder specifying the obligations of each party. Schedule A specifies the vessel which earned the income which is eligible for deposit in to a CCF account. Schedule B specifies the construction, acquisition, or reconstruction objectives planned under the Agreement. The Certificate of Construction/Reconstruction certifies the total cost at completion of Schedule B objectives.

Authorizing Statute(s): US Code: 46 USC 1111 Name of Law: Merchant Marine Act of 1936

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:
	86 FR 73742	12/28/2021
30-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 29853	05/17/2022
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	1,575	1,600	-25
Annual Time Burden (Hours)	2,900	4,075	-1,175
Annual Cost Burden (Dollars)	4,168	7,585	-3,417

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 burden hour estimates, used in item #12, were adjusted to be reflective of the current Capital Construction Fund Program active cases and average number of new applications and certificate family of forms submissions received. The response time estimates were adjusted to be more representative of the amount of time it takes a respondent to complete each form. We are adding the Schedule of Tax Basis form to the Certificate Family of forms. The number of respondents and response time estimates were adjusted to include the addition of this form. The annual respondent cost burden rates, used in item #13, have been adjusted to reflect an increase in postal rates since the last PRA renewal. In addition, the copies/supplies rate estimate was adjusted for inflation. The total annual burden cost to respondents has decreased due to the availability of email submission of these documents that didn't exist in the prior PRA renewal.

Annual Cost to Federal Government: $69,977

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: Richard VanGorder 301 713-2393 ext. 195

View ICR - OIRA Conclusion