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
10/31/2009
6 Months From Approved
56
0
0
14
0
0
0
0
0
Authorized under the American Recovery
and Reinvestment Act (ARRA), hereafter Recovery Act of 2009 (Public
Law 111-5), the Department of the Treasury is implementing several
provisions of the Act, more specifically Division B Tax,
Unemployment, Health, State Fiscal Relief, and Other Provisions.
Among these components is a program which requires Treasury to make
payments, in lieu of a tax credit, to state housing credit
agencies. State housing credit agencies use the funds to make
subawards to finance the construction or acquisition and
rehabilitation of qualified low-income buildings. The collection of
information is necessary to properly identify recipients and
determine the appropriate amount of funding. The information will
be used to (1) identify eligible recipients; (2)determine the
appropriate amount of funding; (3) ensure compliance with
applicable laws; and (4) report on the effectiveness of the
program.
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.