Financial Responsibility for Motor Carriers of Passengers and Motor Carriers of Property
Revision of a currently approved collection
No
Regular
Approved without change
03/26/2010
01/26/2010
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
03/31/2013
36 Months From Approved
03/31/2010
134,540
0
96,298
4,056
0
4,529
0
0
0
Motor carriers of passengers and property must maintain documentation that proves they have in effect the minimum levels of financial responsibility as set forth in the Federal Motor Carrier Safety Regulations (FMCSRs).
US Code:
49 USC 31139
Name of Law: Motor Carrier Act of 1980
US Code:
49 USC 31138
Name of Law: Bus Regulatory Reform Act of 1982
This program adjustment is due to a decrease in the estimated annual burden hours from 4,529 to 4,056 and a change in the estimated total annual responses from 96,298 to 134,540 for the current insurance filing activity and registration information requirements. Revisions to labor costs reflect the most current data available on wages, fringe benefits, and overhead. Last, the previously approved supporting statement erroneously counted the number of motor carriers subject to financial responsibility requirements as respondents. In fact, the forms that comprise this information collection are completed and filed on the carriers behalf by a small number of insurers. The number of respondents has been revised down accordingly to reflect this.
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.