The American Indian Trust Reform Act
of 1994 directs the Secretary of the Interior to establish
guidelines to carry out the fiduciary duties owed to tribes and
individual Indians to administer trust funds held exclusively for
their benefit.
US Code:
25 USC 4001 et seq. Name of Law: American Indian Trust Fund
Management Reform Act of 1994
The primary reason for a
decrease in the burden hours of this information collection is the
previous estimation was based on all individual IIM account holders
responding every year. OST has updated their estimate to reflect
that approximately one third of the individual IIM account holders
respond per year. A secondary reason is that several non-form
information collections in the previous approval have now been
recognized as improperly identified as information collections and
have been dropped from this request.
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.