Rev. Proc. 2011-24, Branded Prescription Drug Sales – Dispute Resolution Process for 2011 Preliminary Fee Calculation

ICR 201104-1545-010

OMB: 1545-2209

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2011-04-21
Supporting Statement A
2011-04-26
ICR Details
1545-2209 201104-1545-010
Historical Active
TREAS/IRS ah-XXXX-010
Rev. Proc. 2011-24, Branded Prescription Drug Sales – Dispute Resolution Process for 2011 Preliminary Fee Calculation
New collection (Request for a new OMB Control Number)   No
Emergency 04/28/2011
Approved with change 04/26/2011
Retrieve Notice of Action (NOA) 04/22/2011
Burden hours readjusted to capture both recordkeeping and reporting burden hours. In future submissions, agency must itemize and explain in the supporting statement the source of any recordkeeping, reporting, and disclosure burden hours.
  Inventory as of this Action Requested Previously Approved
10/31/2011 6 Months From Approved
119 0 0
4,760 0 0
0 0 0

This revenue procedure establishes a dispute resolution process for the preliminary fee calculation for the 2011 annual fee imposed on covered entities engaged in the business of manufacturing or importing branded prescription drugs. The fee was enacted by section 9008 of the Patient Protection and Affordable Care Act (ACA), Public Law 111-148 (124 Stat. 119 (2010)), as amended by section 1404 of the Health Care and Education Reconciliation Act of 2010 (HCERA), Public Law 111-152 (124 Stat. 1029 (2010)). All references in this revenue procedure to section 9008 are references to section 9008 of the ACA, as amended by section 1404 of HCERA.
Affordable Care Act [PPACA, P.L. 111-148 & 111-152]. The reason for this emergency submission is to provide as soon as possible a covered entity with a dispute resolution process for a fee that the covered entity must pay by September 30, 2011. By May 16, 2011, the IRS will provide a covered entity with a preliminary fee calculation. If a covered entity disputes the IRS’ preliminary fee calculation, the covered entity must submit, as described in section 4.01 of the proposed revenue procedure, an error report, postmarked by June 1, 2011, to the IRS. A covered entity must include in its error report an explanation of the error and the data to substantiate the claimed error. The IRS must resolve fee disputes by July 15, 2011, in order to provide a covered entity with a final fee determination by August 15, 2011.

PL: Pub.L. 111 - 148 9008 Name of Law: Affordable Care Act (ACA)
   PL: Pub.L. 111 - 152 1404 Name of Law: Health Care and Education Reconciliation Act of 2010 (HCERA)
  
PL: Pub.L. 111 - 148 9008 Name of Law: Affordable Care Act (ACA)
PL: Pub.L. 111 - 152 1404 Name of Law: Health Care and Education Reconciliation Act of 2010 (HCERA)

Not associated with rulemaking

No

1
IC Title Form No. Form Name
RP-108248-11, Branded Prescription Drug Sales – Dispute Resolution Process for 2011 Preliminary Fee Calculation

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 119 0 119 0 0 0
Annual Time Burden (Hours) 4,760 0 4,760 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This revenue procedure establishes a dispute resolution process for the preliminary fee calculation for the 2011 annual fee imposed on covered entities engaged in the business of manufacturing or importing branded prescription drugs. This is a new collection related to the Patient Protection and Affordable Care Act (ACA). As a result of this new collection, we estimate the number of new responses of 119 and estimated total burden increase of 4,760 hours.

$0
No
No
Yes
No
No
Uncollected
Celia Gabrysh 202 622-3130

  No

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.
04/22/2011


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