OMB approves the
PRA request with emergency clearance to meet American Reinvestment
and Recovery Act requirements. This collection will be valid for
six months. If Treasury decides to continue use of the collection
past the approved emergency request clearance time period, it must
resubmit to OMB under the normal PRA clearance process for a
three-year approval.
Inventory as of this Action
Requested
Previously Approved
01/31/2010
6 Months From Approved
1,000
0
0
2,000
0
0
0
0
0
Authorized under the American Recovery
and Reinvestment act (ARRA), hereafter Recovery Act, the Department
of the Treasury is implementing several provisions of the Act,
specifically Division B - Tax, Unemployment, Health, Fiscal Relief,
and Other Provisions. Among these components is a program that
requires Treasury to make payments, in lieu of a tax credit, to
persons who place in service qualified renewable energy property.
The collection of information is necessary to identify recipients
and evaluate whether or not the property is qualified.
The Department of the
Treasury (Treasury) requests emergency processing and approval of
the collection of information. The collection of information is
needed to fulfill Treasurys responsibilities under the American
Recovery and Reinvestment Act (ARRA), Public Law 111-5. Due to the
immediacy of the need for this collection, Treasury requests this
request be given emergency consideration.
PL:
Pub.L. 111 - 5 B Name of Law: American Recovery and
Reinvestment Act of 2009
PL: Pub.L. 111 - 5 B Name of Law: American
Recovery and Reinvestment Act of 2009
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.