Pre-approval contingent upon no substantive changes to this collection after adoption of the final rule. Otherwise this collection should be re-submitted to OMB for review.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
12/31/2009
6 Months From Approved
03/31/2010
193
0
170
386
0
850
2,613
0
0
This form is necessary to determine the beginning and ending inventories of tobacco products and processed tobacco at the premises of a tobacco products or processed tobacco manufacturer. The information is recorded on this form by the proprietor and is used to determine tax liability, compliance with regulations, and for protection of the revenue.
On February 4, 2009, President Obama signed into law the ChildrenÂs Health Insurance Program Reauthorization Act of 2009, Pub. L. 111-3, 123 Stat. 8 (Âthe ActÂ). Section 702 of the Act included amendments to the Internal Revenue Code of 1986 (IRC) to extend permit, inventory, reporting, and recordkeeping requirements to include processed tobacco, even though such processed tobacco is not subject to excise tax under the IRC.
We are requesting an emergency approval of 1513-0032 to adhere to the change in the law. ICR are being amended or created to reflect the new requirements related to permits, inventory, reporting, and recordkeeping associated with processed tobacco.
TTB plans to issue regulation amendments to implement the changes as soon as possible. Corresponding changes will be made throughout the Alcohol and Tobacco Tax and Trade Bureau website as appropriate.
Thank you for your assistance.
The program change reported in Item 13 of the OMB Form 83-I is made in the implementation of the Act. There is an decrease of 464 hours associated with this collection due to a reevaluation of annual hours as a result of a decrease in the number of hours necessary to complete this form. The change in item 14 reflects the estimated costs associated with this collection.
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.
Inventory - Manufacturer of Tobacco Products, Processed Tobacco, or Cigarette Papers and Tubes