FERC Form 6 (RM12-18, NOPR), Annual Report of Oil Pipeline Companies

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form Form 6--Page 700 R Annual Report of OIL Pipeline Companies	Form	Modified	Available
Form Form 6 (with old p Annual Report of Oil Pipeline Companies	Form and Instruction	Modified	Available
FINAL RM12-18 (FERC-6) Supporting Statement.docx	Supporting Statement A	Uploaded 2013-02-13	Available
CFR-2012-title18-vol1-sec357-2.pdf	Supplementary Document	Uploaded 2012-09-13	Available
Interstate Commerce Act, Section 20.docx	Supplementary Document	Uploaded 2012-09-13	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
22933	FERC Form 6, Annual Report of Oil Pipeline Companies	Form	Modified	Annual Report of OIL Pipeline Companies
22933	FERC Form 6, Annual Report of Oil Pipeline Companies	Instruction	Modified
22933	FERC Form 6, Annual Report of Oil Pipeline Companies	Form and Instruction	Modified	Annual Report of Oil Pipeline Companies
204023	Form 6, Page 700 Refiling (one-time for 2009-2011 data)		Unchanged

ICR Details

OMB Control No: 1902-0022	ICR Reference No: 201302-1902-002
Status: Historical Inactive	Previous ICR Reference No: 201209-1902-004
Agency/Subagency: FERC	Agency Tracking No: FERC Form 6
Title: FERC Form 6 (RM12-18, NOPR), Annual Report of Oil Pipeline Companies
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 04/04/2013
Retrieve Notice of Action (NOA)	Date Received in OIRA: 02/13/2013
Terms of Clearance: OMB files this comment in accordance with 5 CFR 1320.11(c) of the Paperwork Reduction Act and is withholding approval of this collection at this time. This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. The agency shall examine public comment in response to the Notice of Proposed Rulemaking and will include in the supporting statement of the next ICR, to be submitted to OMB at the final rule stage, a description of how the agency has responded to any public comments on the ICR. This action has no effect on any current approvals.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/29/2016	36 Months From Approved	02/29/2016
Responses	332	0	332
Time Burden (Hours)	26,989	0	26,989
Cost Burden (Dollars)	0	0	0

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Abstract: Under the Interstate Commerce Act (ICA), (Section 20, 54 Stat. 916), the Commission is authorized and empowered to make investigations and to collect and record data to the extent the Commission may consider to be necessary or useful for the purpose of carrying out the provisions of the ICA. The information collected under the requirements of the Form 6 is used by the Commission to carry out its responsibilities in implementing the statutory provisions of the ICA, including the authority to prescribe rules and regulations concerning accounts, records and memoranda as necessary or appropriate. The Commission may prescribe a system of accounts for jurisdictional companies and, after notice and opportunity for hearing may determine the accounts in which particular outlays and receipts will be entered, charged or credited. Financial accounting and reporting provides needed information concerning a company's past performance and its future prospects. Without reliable financial statements prepared in accordance with the Commission's Uniform System of Accounts and related regulations, the Commission would be unable to accurately determine the costs that relate to a particular time period, service or line of business. Additionally, it would be difficult to determine whether a given entity has previously been given the opportunity to recover its costs through rates, or to compare how the financial performance and results of the operations of one regulated entity relates to another. The Form 6 also assists the Commission in overseeing and policing the regulated oil pipeline markets to assist in enforcing the ICA. FERC proposes to modify Page 700 of FERC Form No. 6 (Form 6) to facilitate the calculation of a pipeline's actual return on equity. The Commission proposes to expand the information provided regarding rate base (line 5), rate of return (line 6), return on rate base (line 7), and income tax allowance (line 8). The proposed modifications will facilitate the calculation of the actual rate of return on equity based upon Page 700 data. The actual rate of return on equity is particularly useful information when using Page 700 to evaluate a pipeline's rates. The additional information proposed to be reported will impose almost no additional burden on oil pipelines because pipelines already must develop cost of service supporting calculations to determine the Income Tax Allowance, Rate Base, Rate of Return, and Return on Rate Base reported on Page 700. Given these existing requirements, the Commission does not anticipate that these proposed additions to Page 700 of Form 6 will impose a significant burden on oil pipelines.

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Authorizing Statute(s): US Code: 49 USC 20 Name of Law: Interstate Commerce Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1902-AE55	Proposed rulemaking	77 FR 59348	09/27/2012

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
FERC Form 6, Annual Report of Oil Pipeline Companies	Form 6 (with old page 700), Form 6--Page 700 Revisions (NOPR in RM12-18)	Annual Report of Oil Pipeline Companies ,   Annual Report of OIL Pipeline Companies
Form 6, Page 700 Refiling (one-time for 2009-2011 data)

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Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The increase is due to the additional time necessary to report the additional data on page 700. The increase is minimal because the respondents should already have the required data on hand.

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Annual Cost to Federal Government: $75,358

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 02/13/2013

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