This collection
is a reinstatement of a collection that expired seven years ago.
Given that comments on the proposed rule were received by FERC, OMB
will make a determination at the final rule stage.
Inventory as of this Action
Requested
Previously Approved
0
0
0
0
0
0
0
0
0
RM00-6-000 Proposed rule that
reinstates the regulations to establish procedures for FERC to make
determinations under Natural Gas Policy Act Section 503. A
determination by FERC will enable producers of natural gas to claim
credits for high cost gas as provided for by Section 29 of the
Internal Revenue Code. 10th Circuit Court heald in a recent
decision that a formal section 503 determination is required to
obtain the Section 29 tax credit.
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:
(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;
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.