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OMB Control No: 3150-0020	ICR Reference No: 202509-3150-001
Status: Received in OIRA	Previous ICR Reference No: 202205-3150-004
Agency/Subagency: NRC	Agency Tracking No:
Title: 10 CFR Part 40 - Domestic Licensing of Source Material
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular	Date Submitted to OIRA: 09/05/2025

	Requested	Previously Approved
Expiration Date	6 Months From Approved	12/31/2025
Responses	1,347	1,341
Time Burden (Hours)	16,745	16,422
Cost Burden (Dollars)	591	562

Abstract: FINAL RULE- Alternatives to the Use of Credit Ratings The U.S. Nuclear Regulatory Commission (NRC) is amending its regulations for approved financial assurance mechanisms for decommissioning in 10 CFR Parts 30, 40, 50, and 70, specifically for parent-company and self-guarantees that previously required bond ratings issued by credit rating agencies and now is replaced with a demonstration of a creditworthiness criterion. This final rule implements the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that directed agencies to amend their regulations to remove any reference to or requirement of reliance on credit ratings. This final rule affects applicants and licensees who are required to provide decommissioning financial assurance. The information collections associated with the final rule have been submitted under the following clearance numbers: 3150-XXXX Burden for 10 CFR Part 30, Rules of General Applicability to Domestic Licensing of Byproduct Material (this is a temporary clearance number, 3150-0017 is currently unavailable for submissions due to the Regulatory Framework for Fusion Machines proposed rule) 3150-0011 - 10 CFR Part 50, Domestic Licensing of Production and Utilization Facilities 3150-0009 - 10 CFR Part 70, Domestic Licensing of Special Nuclear Material 3150-0029 - 10 CFR Part 40, Domestic Licensing of Source Material The U.S. Nuclear Regulatory Commission (NRC) regulations in Part 40 of Title 10 of the Code of Federal Regulations establish procedures and criteria for the issuance of licenses to receive title to, receive, possess, use, transfer, or deliver source and byproduct material. The application, reporting, recordkeeping, and third party notification requirements are necessary to permit the NRC to make a determination as to whether the possession, use, and transfer of source and byproduct material is in conformance with the Commission’s regulations for protection of public health and safety.

Authorizing Statute(s): PL: Pub.L. 83 - 703 1-311 Name of Law: Atomic Energy Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3150-AJ92	Final or interim final rulemaking

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? Yes

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

IC Title	Form No.	Form Name
10 CFR Part 40 - Domestic Licensing of Source Material

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	1,347	1,341	6
Annual Time Burden (Hours)	16,745	16,422	323
Annual Cost Burden (Dollars)	591	562	29

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The final rule’s changes to 10 CFR Part 40 will affect applicants during the period of this clearance. The annual estimated burden increase due to the proposed rule is 323 hours, covering 3 respondents annually. The NRC issued this final rule to amend the approved financial assurance mechanisms for decommissioning, specifically for parent company and self-guarantees that require bond ratings issued by credit rating agencies. The rule implements the required provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The Dodd-Frank Act directed agencies to amend their regulations to remove any reference to or requirements of reliance on credit ratings. Applicants and licensees that are required to provide decommissioning financial assurance may be impacted. The rule requires applicants and licensees that relied on bond ratings issued by credit rating agencies for their financial guarantee to instead rely on new financial tests currently provided in NRC regulations that do not contain a credit rating criterion.

Annual Cost to Federal Government: $755,424

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. No

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]? Yes

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: Gregory Trussell 301 415-6445

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